The United States.

Stratford Evening Post, Volume XXXIX, Issue 99, 17 August 1914, Page 5

The United States.

Washington, August 15. Addressing a conference of business men called to consider the present conditions in the United States, President Wilson asserted that the period for apprehension had passed, and the country was now able to look forward with confidence in the future.

Strong opposition developed in the Senate during the discussion of the House's amendments to the Bill intended to allow British and other ships to register as American. Senator Gallinger declared that foreign interests had long tried to break down American coastwise restrictions, and the present measure would be a greater aid to Britain than victory on the battle' field.

The Government has undertaken to raise no objection to the J. P. Morgan Company underwriting a loan of several hundred million dollars that France proposes to raise. President Wilson has formally disapproved of the J. P. Morgan Co's. proposal, as it would be a breach of neutrality. Loans, however, are per. missible to any neutral country. President Wilson has requested the Department of Justice to investigate the increased food prices.

MR ROOSEVELT ON MR BRYAN'S PEACE TREATIES.

ARBITRATION A FAILURE.

(Received 9 a.m.) New York, August 15,

Mr Theodore Roosevelt, speaking at Hartford, Connecticut, said that if the Monroe Doctrine had not been mentioned, the United States would have been dragged into the European War. He denounced Mr Bryan's peace treaties as visionary and unworkable. Arbitration would prove merely an excuse for an aggressive country to establish itself in the enemy's territory before continuing the war.

INQUIRIES RE UNDUE INFLATION OF FOODSTUFF PRICES.

PACKERS DENY THE ALLEGATION. (Received 9 a.m.) New York, August 15. Three inquiries have been opened m Chicago by the Federal and Civic State authorities regarding the rise in foolstuffs, which is allegedly the outcome of the war. : Counsel representing the packers consented to give any information desired and disclaiming that a combine existed to unduly inflate prices.