The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1921-07-15

way to tide the situation OVER rba.
Is an we can do We can not br,nn
war conditions back in peace t,,nas.
lnere IS no getting war prices for cos.
.on III peace times, nor for wheat nor
Ior clothing, nor for anything else that
/ KNOW of, because DUNG war +;r,oa
especially great war like the recent
one' when 100000 men omit tba
neids OF production and imnhas;7ad
consumption, there must during that
abnormal period be a season NOT on,u
OF nigh prices and of imitation Of CIR
rendes' credits, and PRODUCTION. but
tnere must be at the same time )
period OF profiteering so long as tbaro
are olsnoaest men, and am afraid
there will always be dishonest mon
we have gone t through with it The
main thing that see before ms Is r.
draw our belts tighter, resort to old
fashioned virtues of thrift, economv
and hard work, and try to restore
Tn ngs' There is very little that laws
or governments can do except to
eneek up the wagon on it's decline. to
scotch the wheels a little.
! have been of the opinion, and I
am now of the opinion that if we
could increase the millions of dolars
IN the postal banks by appealing to
the people to put more and more
there, SO that it might be used by them
for other purposes, we eeu d do some
good.
! am Of the opinion that if the
Federal Reserve Beard would let
part of its more than a billion of col
come cut until it approached the 40
per cent reserve mark indicated by
the law, that would do some good.
am of the opinion that the erganiza-
ton of a great corporation, in which
the Government itself would have
stock, to lend upon farm products o.
safe security at small interest would
do good. l am of the opinion that if
the Federal Reserve Board would
send word to the bankers of THIS
country, Make your security good;
where it is not already good. owing to
failing prices, make it good, and we
will reduce the rate of interest to 8
per cent, that would do good That
would help tide it over.
just wanted to make these few
remarks, because i wanted to call
attention, in the first place, in a little
spirit of vindictiveness, to the diff
ference in Republican and Democratic
spirit when a panic or a OPPRESSION is
over the country, just as there was
when a President was wounded. This
is OPPRESSION and not quite a. panic
S because of the Federal Reserve
Bank system, originated by and pass
ed by a Democratic administration f
it we're not for that, there would be as
bad a panic to-day as that of 1899, and
/ doubt not that there would be people
standing here upon cur side of the
line charging. it all to the "anticfpa-
ticn of Republican victory at the
polls and to the later realization of
that victory.
That is one reason why wanted to
say what / have said. The other reason
why / wanted to make few remarks
was to discourage as far as l can
4
on both sides of the Chamber, but
especially upon my own, bcause |
think maybe ! have more Influence
here than on the other side, and at
tempt to make politics out Of this
situation. God knows it is bad enough,
and the man chat is suffering is not
the man that proliteered during the
war, the dishonest scroundrel that
took advantage of his countrys con-