The patriot. (Indiana, Pa.) 1914-1955, November 04, 1916, The Patriot, Image 2

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    WOODROW WILSON
President of the United States
"HE HAS KEPT US OUT OF WAR" j
This is the face of a man strong, coura
geous, patient and kindly, a man—
»
Always alert to the aspirations of his fellow
man and sympathetic toward their fulfillment;
Never complacent toward the encroachments
of privilege nor tolerant of social wrong;
Always seeking to enhance the dignity of
labor and better the state of the toiler;
Never lending an ear to the sophistry of ex
ploitation or the blandishments of expediency;
Always patient to hear and weigh, to ap
praise and analyze, and passionate to find the
way of right;
Never premature in purpose nor prejudiced
in judgment, and never headlong in decision—
Such is WOODROW WILSON.
PROSPERITY NOT DUE
TO DEMANDS OF WAR
Bulk Is Ordinary Business, De
f Clares Charles M. Schwab.
i
S2,SOO,OOO,OOOTRADE BALANCE
)
Department of Commerce Figures
Show Vast Gains In Wsalth—Under
Wilson United States Is a Creditor
i Nation For First Time —Munitions
' Business Only 1 Per Cent of Total.
In answer to the cry of Republican
politicians that the unprecedented pros
perity that has come to America under
the administration of President Wil
son is due to European war orders
comes a statement from Charles M.
Schwab, head of the Bethlehem Steel
Company, himself a Republican, that
refutes i he charge.
"It is a mistake to imagine that the
major portion of our business is war
order business," says Mr. Schwab in a
signed article in the October number
of System. "Even a casual inspection
of the areat volume of exports will
{demonstrate that the bulk is drawn
from the ordinary course of business.
It is also found that at present prices
domestic business is as profitable as
foreign munition business."
j No one can doubt the capability of
Mr. Schwab to judge the business situ
ation, nor can one gainsay the recent
figures issued by the Department of
Commerce. In this report it is stated
that during the first eight months of
the present* fiscal year the exports of
the United States showed a trade bal
tance in favor of this country of $l,-
,730,000,000.
I Trade Balance $2,500,000,000.
Predictions are made that the trade
(balance for the entire year will exceed
the unprecedented figure of $2,500,000,-
1000. The value of the exports for the
teight months was an
Increase 0f^T,205.882.100 over the same
period last year,
Another financial authority, too, hag
spoken— Charles Hayden, of Boston.
He estimates that American securities
held abroad have been reduced from
$6,000,000,000, before the war, to $l,-
000,000,000 at the present time. Go in
cidentally, the United State# has be
come a creditor of foreign nations, for
the first time in history, to. the extent
of $1,500,000,000. Under Wilson, there
fore, we have wiped out $6,000,000,000
of foreign indebtedness, and are a
creditor to the amount of $500,000,000.
Mr. Hayden calls attention to the
fact that this always was a debtor na
tion under Republican rule.
All Classee Prosperous.
And so, from all sections of the conn
try, from all kinds and classes of
business, from the merchant, the
manufacturer, the farmer, the work
ingman, come reports of unparalleled
prosperity. The Chamber of Com
merce of the United States, in an offi
cial report, declares that basic stocks
are rising, that railroad earnings are
abnormally high (indicating the great
movement of commodities), and that
the national prosperity will continue.
Not temporary prosperity, due to the
war, is this that is filling the coffers
of the nation. It has a sound basis for
permanency, made certain by the laws
enacted under the Wilson administra
tion. The President himself, in his
recent speech at Baltimore, emphasiz
ed the value to the country of the
Tariff Commission, the Trade Commis
sion, the Federal Reserve Board and
the shipping bill. These enactments
not only will stimulate the productive
ness of fcbe country, but will safeguard
its output and provide a means of con
veying it to all the ports of the world
How Business Has Gained.
Here is just r. glimpse at percent
ages, prepared by expert statisticians,
that prove what the Wilson adminis
tration has done for the people:
Increase in bank deposits, 68 per
cent; money in circulation, 22 per
cent.; stock of gold in United States.
54.1 per cent.; foreign commerce, 52.7
per cent.; balance of trade in favor of
United States, 257.6 per cent.; agricul-
tural exports, 44.1 per cen:.: manure
tured exports. 155 per cent.: railway
revenues. 47.6 per cent; va!ue of gen
eral crops and live stock, 12.4 i ercent.:
value of wheat crop, 67.~» per ctnt.:
output of pig Iron, 35 per cent.; produc
tion of steel, 35.5 per cent: farm lands.
12.7 per cent.; men employed in manu
facturing, 23.2 per cent; wages paid
in manufacturing, 41.5 per cent; cap
ital employed in manufacturing, 30.0
per cent: value of manufactured prod
ucts, 41.2 per cent.
So, it may be seen that all lines of in
dustry have profited under the great
wave of prosperity that the Denao
cratic administration has wrought.
AND THE MUNITIONS BUSINESS
COMPRISES ONLY ONE PER CENT.
OF THE TOTAL OF MANUFAC
TURED PRODUCTS.
is it the part of wisdom, therefore, to
gamble with prosperity such as this?
Will the American voter dare to
throw away a sure thing?
TOO MUCH PROSPERITY
FOR FOREIGN WANT ADs.
Indicating the prosperity that exists
In Jamestown, N. Y., the Journal of
that place wrote recently to a Buffalo
advertiser as follows:
"We ask that you kindly do not in
sist upon our publication of your ad
vertisement for help wanted. There
Is a great scarcity of labor in our lpcal
market, and. out of deference to the in
terests of Jamestown manufacturers,
we prefer not to publish such ads. that
may further complicate the local labor
situation."
T. R. RECEIVES FROST,
DESPITE POLICE AID.
Wilkes-Barre Miners Strong For Wil
son —Others Bolt the Re
publican Party.
"If you love me, vote for Hughes" Is
an injunction that proved too hard a
strain on the liking that the 75,000
miners of the Wilkes-Barre district
once had for Col. Roosevelt. He tried
it on them, in what was intended to be
the biggest labor meeting of the
Hughes campaign, and the result was
a frost.
Not only did the crowd listen to the
Colonel's speech in stony silence, but
Wilson enthusiasm threatened to be
come so boisterous that Mayor Kosek
called out the State Constabulary to
guarantee Mr. Roosevelt; a courteous
reception. The Mayor had denied the
miners a permit to give a Wilson pa
rade on the night of the Colonel's visit,
and, when they attempted to violate
his order, directed the armed and
mounted Constabulary to drive them
from the streets.
Col. Roosevelt's closest friend In
Wilkes-Barre, Father J. J. Curran.
went out with a reception committee
to meet the visitor, but announced
that, friendship aside, he had left the
M '
HUGHES LEADS FOREIGN NATIONS
TO BELIEVE 0. S. WANTS WAR
At this present moment—l want to repeat this because perhaps
the country has not realized it enough—at this present moment it is
almost impossible to do anything positive in the field of foreign
affairs, because foreign nations have been led to suppose that there
may be a change in our foreign affairs.
Foreign nations have been led to believe that a dominant element
in the Republican Party is in favor of drawing the United States into
the European war, and they have been told, with abundant evidence,
that it is probable that, if the Republicans succeed, we shall enter
upon a policy of exploitation of our neighbors in Mexico.
That is the whole moral of every criticism that I read, and until
the people of the United States have spoken it ia extremely difficult
to come to any definite conclusion about anything that touches our
relations, either to Europe or to Mexico. I myself do not doubt the
result, but there are some who affect to doubt it. —From President
Wilson's Speech at Shadow Lawn. N. J. f Oct. 14.
» »
DR. C. J. DICKIE
DENTIST
Room 14, second floor
Marshall building
INDIANA, PENN'A.
k trurie mark* anil copyright* obtains] or no I
'K fee. Stud model, sketches or photon ami de- I
% eeription for FREE SEARCH and report JKJ
A on patentability. Hank reference*.
fg PATENTS BUILD FORTUNES for 9
M you. Our free booklet* tell hoVr, what to Invent H
1 and Mve you money. Write today.
iDi SWIFT &CQ.I
VATPMT I AWV RTDfi
|hffl3Scwnth, St, $
ruaimtCNQT ■H ■h HHfiABHH HHHH HHI H
■■ » BCFFLI IÌB BH ■BHH
H|B H B H!» ■HH fSl|l
Noi abbiamo abiti di stile elegantis
' s^mo ' della famosa casa
Hart Schaffner & Marx
V'""® Abbiamo migliaia di campioni per la scelta
jB del vostro vestito o " paletot " da con-
I /IL fezionarvi per quest' inverno.
Siamo i soli rappresentanti nei dintorni
Ut f|f_ International Tailoring Co.
Copyright Hart Schaffner & Marx
Fornitore per l'intera famiglia
OREBKSIDE, PA.
—————— ~ ,