Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-28

TIA outstanding Issue Of Tire 1870 cam
EatE2 By The democratic party
The speech vas as follows:
Ths peopls VIII shortly determine
which political instrunentaIty Is best
<Ul5e6 10 their purposes. most respon-
size - their needs They VIII have be-
Tore them many platforms and many
promises. In what direction VIII they
tErls There IS no better way of judg-
ing the future than BY the past we
ask, therefore, that the people turn from
The passions and the pref u6iceS of the
day to the consideration OF : record as
clear as it is enduring
REPUBLICAN LEADERSHIP
SAzIE AS OF OLD
The republican party was unsuccessful
In the elections Of 1912 because I had
persistently served special Interests and
had lost touch with the spirit of the
time. Those who controlled its destiny
derived their political inspiration from
the good old days Of Marx Hanna
and neither desired new day nor were
wiling to recognize new day when II
had daTned- 10 each pressing problem
they sought merely to reapply the pro
cesseS Of sntiQuity-
party which were intolerant of its men
tai sloth and moral irresponAbinty.
These influences sought 20 gain party
control in 1912 and again, In 1915 They
renewed the hopeless struggle at the
convention recently held at Chicago.
Despite these efforts, the leaders who
have manipulated the party mechanism
for more than generation, are still In
undisputed control
The republican platform, reactionary
and provincial is the very apOtheosis OF
political expediency- Filled with pre-
me6-fatsd sl4nders and vague promises
L viii be searched In vain for one con-
structive suggestion for the reformation
OF the conditions which il criticises and
deplores- The oppressed peoples OF the
earth VIII look 70 It in vain 1t contains
no message Of hope for Ireland; no word
Of mercy for Armenia; and 1t eoneeals
3 sword for Mexico 1t IS the WORK 81
men concerned more with material things
than with human rights It contains no
thought, no purpose which can give I'M
pulse OF thrill TO those who love liberty
and hope to make the world 4 safer and
happier place for the average man
DREOCRATIC ACHIEVEMENTS
PROOF AGAINST SANDERS.
The democratic party is an unentang led
Darty-S free party-ow1ng no allegiance
to any class or group or special interest
We were able 10 take up and carry
through to success the great progressive
proGr5m outlined in our platform OF 1917.
during the months which INTERVIEWED be
tween March 1, 1913, and the outbreak
Of the world war, we placed upon the
statute books Of our country more ef-
fect1ye, constructive and remedial leg1sla-
there in 3 generation
The income tax was made a perma-
nent part OF the revenue producing agen-
cles Of the country, thereby relieving our
law OF the reDroach Of being UNJUST
burdensome to the poor. The eXtray-
agances and iniquides of the tariff system
were removed; and a non partisan tarin
commission was esta bHshed so that III
ture revisions might be made in the light
OF accurate information, scientifically
nvH tell n
ism VAS encouraged; and the bread thus
cast upon the international waters came
back TO Us many fold The great reaches
Of Alaska were opened up TO commerce
AID Development Dollar diplomacy was
destroyed. A corrupt lobby was driven
from the national capitol An effective
seaman's act was adopted The federal
trade commission was created child
labor legislation was enacted The parcel
most and the rural free delivery were de-
veiOped- A good roads bill and rural
credits act were passed A secretary OF
labor was given a seat in the cabinet OF
the president Eight-hOur laws were
adopted The Clayton amendment to the
Sherman antitrust act was passed. free
ing American labor and taking it from
the category Of commodities. The Smith
Lever bin for the improvement of agri-
cultural conditions was enacted A cor
rupt practice act was adopted well
considered warehouse act was passed
Federal employment bureaus were ere
sted. Farm loan banks, postal savings
banks and the federal reserve system
were established.
These enactments, and many other pro
visions Of q remedial character, had a
cleansing and Cuickening effect upon the
economic life Of our country. The farm
er was freed from the deadening effects
Of usurious financial control. Labor was
given its Magma Charta of liberty Bust
ness and finance were released from the
thraldOm OF uncertainty and hazard The
economic life Of America was refreshed
by the vitslizing breath Of economic
freedom
This extraordinary narration sounds
like a platform Of promises The sober
fact is that 1t is an inadequate recital
OF actual performance. It constitutes
demOeracy's response to the demands OF
social Justice It is our answer to the
antiquated SANDER that the democratic
party is unable to understand the great
affairs of the country.
FEDERAL RESERVE SYSTEM
EARNS NATIONS GRATITUDE.
II the democratic party had accom-
pushed nothing more than the passage
Of the federal reserve act, it would be en-
titled TO the enduring gratitude or the
nation. This act supplied the country
with an elastic currency controlled by
Il American people. Panlcs-the recur-
ring phenomena Of disaster which the
republican party could neither control
=
der the republican system there was an
average Of one bank failure every twenty
one days for period of nearly forty
years After the passage Of the federal
reserve system, there were. in 1915. four
bank failures; IN 1916 and 1917, three
bank failures; in 1918, one bank failure.
and IN 1913, no bank failures at all. The
federal reserve system, passed over the
opposition Of the leaders of the repub-
lcan party, enabled America to with
stand the strain Of war without shock
or panic; and ultimately made our cOun-
try the greatest creditor nation Of the
world.
PROUD OF AMERICAN
ACHIEVEMENT IN WAR.
And then the great war came on. u
timately, by thu logical steps of necessity,
our peace-loying nation was drawn into
the conflict The necessary war .egis-
latiOn was quickly supplied.
4 war finance corporation was created.
War risk insurance was provided. Ship
building laws re-eestabltshed Americas
supremacy upon the seas. The Office OF
alien property custodian was created. A
war industries board was established. A
war trade board was created, Food and
fuel regulations were formulated. Vast
loans were successfully formulated. Voca-
tonal training was provided A national
council of defense was created. Indus
try was successfully modified
Almost over night, the factories OF
the nation were made part OF the
war machine. and the miraculous re-
vival of the shipping industry filed the
ocean lines with our transports.
Our fleet laid the North sea mine bar
rage. We sent hghting craft to every
sea and brought new courage and in
ventiVe genius TO the crucial fight against
the U-boat
In transporting our troops to France,
We never lost a man in a ship conveyed
by the American navy.
One Of the first decisions was between
the volunteer system" and the selective
draft. Many patriotic citizens strongly