The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1920-07-02

a.e Information, scientifically and Inn.
partially obtained. Pan American,sn,
was encouraged. and the braaa thas
cast upon the international watars
came back TO us many fold.
.. Many Acts Adopted.
The great reached Of Alast. 49,
opened up to commerce ana devs,a,.
ment. Dollar diplomacv vs. ssop se..p
~. corrupt lobby was driven from
sns sa na,iohai CAPITOL An effective
GO, , ACT was adnpted. The fed
Ga. aaae commission was created.
T. lu iaDor iegislation was enacted.
saM parcei post and the rural free
w, a.e1s were developed a good roads
Dl'i ana rural creditE0ct were pass
eu. = secretary of labor was given n
SEA, 10 the cabinet OF the president
E,gntnour laws were adopted. The
Layton amendment 10 the sherman
i.iust act was passed, freeing
american Al labor and taking il from
me category of commodities. The
omithLeyer bill for the improvement,
Oh agricultural conditions was adopt.
Gu 4 well-considered warehouse act
was passed. Federal Ijempfoymen bp.
Ieaus Were created. Farm loan
Danks, postal savings banks and the
,euerai reserve system were estab.
lished.
Federa' Reserve System.
ihe Democratic party had ac-
complished nothing more than the
passage of the federal reserve ACT i,
would be entitled to the enduring
gratitude of the nation, This act sun.
Piled the country with an elastic eur.
rency controlled by the American
People. Panics-the fccurring pae.
nomena of disaster whffh the Renub.
mean party could neitiitr control nor
explain-are now but III memory. I'm.
der the Republican system, there was
an average of one bank failure eyerv
IWenty-one days for n period OF near
~ forty years. After The passage of
the federal reserve system, there
We're. in 1915, four bank failures: in
1916 and 1917, three Milures; in 1918.
one bank failure, and in 1919, no bank
faiiurts at all. The federal reserve
system, passed over the opposition
OF the leaders of the Republican par.
y, enabled America to Withstand the
strain of war without Shock or panic.
and ultimately made our country the
greatest creditor nation OF the world"
Labor Liberated.
These enactments and many 9th.
er provisions of remedial character.
had a cleansing effect upon the eco
nomic life OF our country. The farm.
or was freed from tho deadening ef-
lect of usurious financial control. La
Dor was given its Magma Charta of
liberty. Business and finance were
released from the thraldom OF uncer-
tainty and hazard. The economic
life OF America was refreshed by the
vitalizing breath OF economic free,
dom.
"This extraordinary narration
sounds like n platform of promises.
The sober Tact is that II IL an made.
quate recital of actnal performance.
1t constitutes Demotracy's response
TO the demands of social justice. II
is our answer TO tls antiquated slam
der that the Democt4tic party is un.
able TO usdestand the great affairs OF
the country"
Partisan Investigations.
Has not the time come when all
Americans. irrespective Of party.
should begin TO praise the achieve
ments of our country rather than to
them? SsIfeiy Just and
righteous sense ot national pride
should portect US from insensate as.
saults of mere paIiisans. We fought
a great war. for great cause, and we
had a leadership that carried Ameri.
ca 10 greater heights of honor and
power and glory than she has ever
known before in her entire history.
II the American flag must be lowered
II will be hauled down in Republi.
can convention and not in a Democra.
tic convention.
1T is this shining record of tremen.
fous achievement that Republican
and the Chicago platform
seek TO shame and besmirch. Various
committees. which, for
want of more appropriate term. are
called smelling committees were ap-
pointed for the purpose of ascertain.
Ing whether or not there was any
graft in the conduct OF the great war
over eighty Investigations have been
made, over two nsjliAon dollars have