Newspapers / The Courier (Asheboro, N.C.) / Dec. 23, 1915, edition 1 / Page 6
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PRESIDENT TO BUSINESS MEX President Says American Business Has Been r entered at Hume. !reaAinsr ser the chamber of commerce at Columbus, Ohio, Friday night, the President said in part: "You, gentlemen, are perhaps more interested in those matters of policy which affect the business of the coun try than in any others; and yet it has never seemed to me possible to separ ate the business of a country from its essential spirit and the life of its peo ple. They are inseparable in their principles and in their expression. I must say that in looking back upon the past there is something about the history of business in this country which is not wholly satisfactory. It is interesting to remember that in the early years of the republic we felt our selves more a part of the genera! world than we have felt since then. Down to the War of 1812 the seas were full of American shi;s. Ameri can enter prise was everywhere ex pressed in American commerce, when we were a little n.-.tion, and yet now that we are n great nation, the seas are almost bare of our ships, and we trade with other countries at the con veniencc of the carriers of other na tions. The truth is that after the War ..,.,,, , ... . , . , of 1S12 we seem 'deliberately to have chosen to be provincial, to shut our selves in upon ourselves, exploit our own resources for our own benefit, rather than for the benefit of the rest of the world. Now American industry in recent years has been crying for an outlet into the currents of the world. There were some American minds, some American business men, who did rind their way into foreign mar kets; but others seemed deliberately to refrain or not to know that there were opportunities to be availed of. Banking Act. "Until the recent banking act you could not find, so far as I am inform ed, a branch of an American bank anywhere outside of the United States, whereas other nations of the world were doing their banking business on foreign shores through the instrumen tality of their own bankers. '"I was told at a meeting of the American Bankers' Association that much of the foreign banking business the business in foreign exchanges, had to be done in our ports by branches of Canadian banks established among ourselves. Being literalista, we inter preted the national bank act to mean that the national bunks could not engage in this business and some of the natural, some of the necessary, functions of banking, were not per formed by American bankers. "I refer to this merely as an evi-, dence of what I take leave to call our provincialism. Moreover, during this period American business men were so interested to be protected against the competition of other business men in other countries that they proceeded by organization to protect themselves against each other and engaged in the politics of organization rather than in the statesmanship of enterprise." The President said that organiza tion is necessary to both politics and business, but its object ought to be efficiency, not exclusion. ' "The only legitimate object of or ganization is efficiency," he continued. "It can never be legitimate when it is intended for hostile competitive pur-' poses. The spirit of exclusion and monopoly is not the American spirit. The American spirit is a spirit f op portunity and of equal opportunity.' tin 1 say thai we have reason to look back upon the past of American busi-1 nrw with some dissatisfaction; but I for my part, look forward to the fu ture of American business with the greatest confiden.ee. "I have sometimes heard exhorta tions to the effect that polities ought 'not to be injected into busness. It is just as important that you should nrt inject business into politics, be cause so far as the business of this country is concerned, there ought not to be any 'politics. Is a Democrat. "I, g'-ntleroen, am a Democrat, as you probably have heard', and I am a militant Democrat, but it is Demo cracy will be of more service to the country than any other principles. I find thnt I am one of the few men of my acquaintance who absolutely be lieve every word, for example, of the Virginia bill of rights. This says that when a government proves unsuitable to the life of the people under it (I am not quoting the language but the meaning), they have a right to alter or abolish it any way that they please. When things were perhaps more de batable than they are now about our, immediate neighbor to the south of us. I don't know how many men came to me and suggested that the govem . ment of Mexico should be altered as I thought that it ought to be altered, but being a subscriber to the doctrine " af the Virginia bill of rights I could ' Mtr acre with' them. The Mexicans MT ot know what to do with their government,- but that U-noae of our Iwfinesa; and so long aa have power to prevent it, nobody shall bntt m alter it for them "That is what I mean by being a Democrat built on the original plan of the bill of rights. "Now these bills of rights say some things that are very pertinent to buai ness. Thcv essert the absolute equali ty of right in the pvt of the individ uals to access to opportunity. That is the reason I am opposed to monop oly, not because monopoly does not nroduce some excellent results of a kind, but because it is intended to shut out a lot of people who ought not o be shut out; and I believe that Democ racy is the only thing that vitalizes a whole people instead of vitalizing only some of the people of the country. I am not fit to be the trustee of pros perity for this country', nether are vou: neither is any group of men fit to be the trustees for the economical ;-uidance of this country. 1 believe in the common man. The country con sists of him. He is the backbone of the countrv. The man wtio is aooe the average uses him and ought to rc- spect his tool, ought to respect his in strument, ought to respect tne cins, throuuh which the very life blood of the country flows. Future of Business. Now, with regard to the future of business in this country, no man can . , . . .. . speak witn commence, uwaunc pens that the distressing month since the great European war began have put America in a peculiar relation to the rest of the world. It looks as if we would be the reserve force of the world in respect to financial and eco nomic power. It looks as if in the days of reconstruction and recupera tion which are ahead of Europe we would have to do many of the things, many of the most important things, which hitherto have been done through European instrumentalities. "No man can say just how these matters r.re going to shape them selves, but every man can see that the opportunity of America is going to be unparalleled and that the resources of America must be put at the service of the world as they never were put at its service before. Therefore, it is im perative that no impediments should be put in the" way of commerce with the rest of the world. And for the first time, gentlemen, it happens I believe providentially that the busi ness men of America have an instru mentality in the new banking lav. such as they never had before for the ebb and flow ami free course of the natural processes of credit. For the first time we are not bound up Li an inelastic currency. Our credit is cur rent and that current will run through all the channels of commerce in every part of the world." The President said the new banking law furnished the business men of this country with vn instrument such as credit never possessed before. "Credit is a very spontaneous thing," he continued. "Its excursions ought not to be personally conducted. There have been times in this country when the expeditions of credit were person ally conducted. I could name some of the agencies where guides were pro vided. Vision of Democracy. "The vision of a democracy that I have is this: that you must not be presumptuous enough to determine beforehand where the vitality is going to come from. The beauty of a da-, mocraey is that you never can tell, vhen a youngster is born, what he is going to do with you and that no mat ter how humbly he is b?rn, no matter where he is bom, no matter what cir cumstances hamper him at the outset he has got a chance to master the minds and lead the imaginations of the whole country. That, is the beau ty of democracy, that you don't be fprehanjl pretend to pick the vital cen ters, but they pick themselves out. "So I want you to share With me those visions of the future of Ameri can business of a cosmopolitan spirit, of a spirit of enterprises out of which the old timidity has go.ic. For you will have to admit, gentlemen, that American business men have been timid. They have constantly run to Washington and said: 'It looks like rain; for CJod's sake give us shelter.' You don't need Washington. There is genius enough in this country to master the enterprise of the world and it ought not to ask odd of anybody. I would like to have the thrilling pride of realizing that there was nobody in America who was afraid to match wits with the world. When I move about this country I feel aa you do, the vitality of the thing that is going on in it, the quick organization of minds when they meet new circum stances, the readiness with which Americans adapt themselves to new circumstances that is the spirit of conquest." CARD OF THANKS I desire to express through The Courier nry gratitude to my friends in Randolph and Montgomery for their assistance ia winning a prize for me ia the Courier contest. : HESTER STUART. Fto& n fly lbs Si URISTMAS proper is never n day. It Is really a week oi about a month. When the al niHiiae Kiiys December bai come, then all hearts begin to feel ttai M"S"ife of Hint midwinter festival Each day adds t tliix feeling. The Knmnns perceived that one dnj did uot contain nil the Import oT theiuld winter gnyejy. Their S'lturnuliii con turned seven dnys. It liegnn ns a on dfiy celebration mid wan observed Dec 1!; but. us it was s o-i found that, brie period was n cup to:) small to contala thi wiiii" of pleasure, It was extended to three days. At l,it It was enlarged by the Emperor I'lmidhin so ns to take In the H'ltli. In form the festival hai now hee:i channel hack Into the on dm shape, bat In reality Christinas Is much larger under our president! than It iv; s muler 'hiudiiiii anil C'nllsiilu. It Is n great midwinter period and may well be limbed upon ns n type o( the pu' lio happiness or the public nils fortunes of n piven date. In the earlj Christian church it became n single day. Iie'-aiisc being asked to stand foi the birth of Jesus it had to be a formal day rather than n week, 'f t no such limitation eould keep It from having adjacent times which partook of Its spirit ns dawn partakes of day. Pro fessor David Swing, TIiB Story IT (ft MfflsS. j The M.ory of the Mal. as it Is given by the evwii;ciNi Maiih' W. Is aston-j IsliiiiL'l; brief and unadorned, lie tells without prolaee ilmi when Jesus was lioru in l;elhlehe!ji eertain foreign ers arri.ed at J -nisa'.cui. He does not tell us Low many they wer? nor f v:i.u we nor of what Hta- tion of I iff. nil hough it Is fair to Infer from f'ie I'OMM'.loi.iiion with which they, were reeeiwd at the roiirt of Herod ' and from iIm faei thai ihcv carried! treasure bos with lliem that they were persons of ilisi lii' llou. The most iiuimitmii statement In re- gnrd to the n is thut they were Ma giaus that Is to say, disciple of Zoro aster mid member of the sacred or priest lj- order nf Persia, which wa then widely scnttered among the orl- enta! nations und included tneu of ex- i'Ual rnnJS: T,lt' c?,11,s fm iut3?i a word which b the dwe5Tcrn in Pales tine could hanlly have any other mean ing than the aucleut region of Chaldea. lying beyoud the Jordan and the desert. Their explanation of their journey to Herod was that they bad seen an ap pearance Th the hi'.ivriis (whether one sfar or many or a comet they did uot snyi which leil tlani to believe that the Kin-' of the Jews had been born, and they had cotue to do reverence to him. Herod was' greatly troubled at henrins this aud sent for the chief : priests and Hrrlbes to inquire where' iuc propitei.i nan roreioiu mac tne Messiah shonlii ha horn. They, nnsworod at oi:ee that Bethle hem was the chosen place. Then Her od, having n.-ikcd the .Mat;l how loug it wan since they first saw the npieur ani e in the sky, sent thcru away to Ilethleliem, promising that when they had found the young Christ he also would' come to do reverence .to him. Having set ia on their journey, tbey Raw once more the celestial sign, and its uiujon was siidi that It guided them to t do place where Jesus was. Coming Into the house-for Joseph bad now found better shelter than a stable they saw the yoniii,' child with Mary his mother, und prostrated themselves before him ui worship. Opening their treasure chests, they presented to blra gifts of gold mij t'laiikincense aud myrrh. Then, beii.g warned lu a dream not to go back to li-nxl, they took an other road Into their own country. The conjunction of the planets Jupi ter nud Katurn is one of the rarest of sidereal events. It occurs only once In fMHi years. This eoujuni'tlon, all as tronomers agree, hapiened no less than three times in the year 747 A. XJ. C shortly before the birth of Christ It may lie that we have here, In tbla "fairy tule of science," a confirmation sf this beautiful story of religion, a hint and trace of The llBht that led The holy elders with their sifts of myrrh. -Bev. Dr. Ileury van Dyke in Harper's Magazine. Sin it tone of Chrlslmii, CinilNn day nf O'er tlif hills ami vnllys Sec tho dj.lon.lor rail. SIiik of Rle:)in;ni; hi.lly; Pint' f iniKllct t Sinjr n ffong of Christmas Kveryv.lirrc you so. Sins n snnir ef Christmas, Holy, happy day. Sine of Pi tklrlicni's manger. Where til.- Clirint Child lay. Sirnr of lovi: unbuundrd. "l'cac. Rood will to men." Slnr n umar o( Christmas O'rr mid o'er HKuin. Slnx a Mini? nf Christmas; I'.'e.i on this Klad day Thre nrc Briefs and heartaches All along? the way. Hearts that wait the uplift of yoni note of cheer Sir:? a pkiiit of Christmas, Streim rod swi-et and clear. -Fittth Virginia Uradt In Ladies' Home Joumr.l. 1 5$ I The region between Jennilem sad i B?tlileltrra was formerly covered with i lo:e;t of pines, whit h hu since entirely $ disappeared.) CUF. forrst In a whisper epoKe, Vino to flower and pinu to oak, Krom holy hilK:d Jerusalem To where, upon Its lenfy hem, Tim liuiiit.lt! village etune Cslin Ilethleliem. dark, et like a (cm, ISnwrupptii with l-Bhl, us Jewfts are. By tii'inloiiiK iMulance of the star. .The troes s coining wonder told While yet the liirds, their foiikh unsunft Uie:iiied tit the o.miiij nf their young. Hut. tlmuirli of sotendor hriorlit Th fonot hri.s tiled, Its boughs were hunt With sibln shade; no taper's beam Osi thtmicli that dnfk its happy gleam. Tho antcils huhk; the shepherds eame; In tho lono nr vu-er sliono a Mnme Ti nt hurried Willi tnipvrnatural llsht. The Pine tt;es whispered throutf'l the nliiht. And, thnimh the Saviour's birth Changed not tli'ii- shadowy (loom te white, They tn a pntlent darUness etlll Kownl, sishmn, and olieytd his will. Vanished is that olu forest now Aii'i withered wholly, root and bough, Ytt in all Christian realms of earth Springs a new for.st. full of mirth That llKhts with radiant cheer . Tiik rveiiji .en's on.lili'iriix worth, .md ti tht whisperiiiK prophet brings A Glory nf trie KinK of kinRs. Kor all our ti:eny Chrlbtmas trees low fnir with llame and revelries Thin elufte,- ri)un.l them year by year. And llr stul p-i -, or far or near, LIvm uprlKl.t, y.lndly die, Kiii wln tli..! they to God arc dear, And bring to nit.n, illuminate, A torch thin Icul to houVfU's grab. "vou so tho uieui-uie slow of time, I.Ike a rhythm closed with rime, liaises the patient soul on high, j'r.iiKS Joy to life, even from-a sigh. And In enneiasion sweet Dark Brief w;h h'l'idni sp cm ally. So shines the forct when wo meet With light HT.d cona, I'hriPt'n birth te erot-t. -Oeoivje Par-ons lJithrop, The cusiuiii of slntjiiis carols Is still innlnt. lined in Italy i.ideed, ou tbe continent ci:ruilu at Christ mns Is al most universal -and inii liculnrly In Home. whor durini? tho Keason of Ad vent, PhTcrari may be Keen and beard performing their uovenas. The-e pil.iirltns, who, by the way, are BhephcrVN from the Culabrlnu moun tains, annually floetc to Home at thin season. Their plcturcsiiue coNtiime to thus described: "On their beads tbey wear conical felt hats, adorned with a frayed pcanvk's feather or a faded band of reJ cords and tassels. Their bodies are clad in red waistcoats, blue jackets ntid small clothes of skin or yellowish homespun cltth. Skin san dals ar bound to their feet with cords thnt Interlace each, other up the leg as far as the knee, nud over all ts woru a lonit brown or blue cloak, w Ith a short cape buckled closely round the neck. Ronietiinefi. but rarely, this cloak Is of a deep red with a aen Hoped enpe." Good Fellows' Christmas Tree. The Good Fellows, nn organization of men who help to make poor chil dren happy every Christmas, are be hind the municipal Christmas tree Idea In Columbus, Ind. They will erect a bl(? tree In Commercial park, which Is Just across Franklin street from the, city hall. Christmas carols will be snng around the tree on Christmas eve by tbe combined church choirs of tbe city. The other exercises will be held lu the city ball, where the poor children of the city will receive pres ent!. Baskets of provisions for the needy adults of Columbus will ba dis tributed alMA ' ; ' W ink 1 TEn GWstonm $ 1 Firft The Chewiest rfc: Chewing Gum fiver Chewed J 4 Chew Sfc. 5c. the packet or two "Bobs" for a cent at all the better stands and stores. udj is of chewing gum candy. Outside all to the candy - fresh and pepperminty. The heart of the heart is the happiest gum you ever chewed. "Bobs" at Stores and Shops A Perfcci;Sewing Machine The Free is now on exhibition at our store. Have you seen it? If not, you had better plan on coining down tomorrow morning and you will see: The iLghtest Running Sewing Ma chine on earth the only one to have 8 sets of Ball Bearings. The Fastest Running Machine on earth the only one to hare the Rotos cillo Movement. The Most Perfect Stitching Ma chine the only one to have an Auto matic Thread Controller, an Automat ic Tension Release, Square Feed. The Most Convenient Sewing Ma chine -the only one to have a Rt tary Spool Pin, Automatic Shuttle Ejector, Improved Head Latch, Belt Guards, Reinforced Shuttle, etc., etc. The Most Beautiful with its French If there Were Space here We WOUld Mr. Free, when perfecting The FREE Sewing Machine, carefully avoided all the bad points of all other machines, and besdea invented many new con veniences. Why, you wouln't believe that such a perfect Sewinir Machine could be made for such a ridiculously low price. That's why wo doat ad vertise the price. You have to see to believe You have this wonderful Sewing ery day for $1.00 A Week Does this interest youT Of courre it does make vonr nlans now it will save you money save you time Come and See The D. A. CORNELISON, Agt. SEAGROVE, N. C. ACRES 550 ACRES I will sell as a whole, or subdivide to suit purchaser, a tract of 550 acres of land, lying on both railroad, and both sides of the Asheboro and Pine Hurst grave! road, seven miles south of Asheboro, N. C. The land lays wefl with some buildings, and improved . farm land, and orchard iid tract on place, also good church within the boundary. Any one wishing a bargain will communicate with Seth W. Laughlin, Aeboto.N.c. HOW ABOUT YOUR WINTER OVERCOAT? We have just received a full line of overcoats. Prices range from $5.00 to $15.00. .... If you haven't bought your Winter Overcoat don't do so until 0'.i see our Line. . WOOD CASH ' S' V $ f Bobs" ce means 5 V the winning trump at a Surprisingly LowPrici Design and Dustless Jauanning. tell voit nf mnnv nt.W frond nointg. Machine in vour w home to use ev save you aggravation if you FREE Tomorrow. sides of the Norfolk and Southern CLOTHING COM? AN? I 'flU!l.' .W.tl IS J
The Courier (Asheboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 23, 1915, edition 1
6
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