The sun., 1919-08-13

he said the Government must take IL II
IL to combat successfully the high cost
Of living. These were:
Take Immediate steps to Increase
the purchasing power of the dollar.
Control the export of foodstuffs
even to the point of an embargo, II
necessary.
Get out of Europe, bag and bag
gage, as soon as possible.
Dismantle Immediately the war
machine and repeal the war emer-
sency legislation no as to get back
to q peace basis.
Eliminate every item OF needless
waste, cut of every Unnecessary
agency induced by war. and reduce
the national pay roll to prewar times :
proportions 81 loon "a possible,
Dispose OF the vast stores Of war
materials both In Europe and this
country on the best salvage basis and
to the best advantage of the public
at large by opening sales direct with
the public.
Inaugurate a campaign of work
and saving against the baneful ex-
travangance 80 widely prevalent
The Government must get out OF
business at h earliest possible day,
but, II necessary, exercise a regula-
tory control Of transportation and
under private enterprise, tina econ
omy and efficiency may be assured
without the danger Of advantage
being taken Of the public.
All profteering must be punished
to the limit.
He Sees "Grandstanding."
Mr.. Tess asserted that the President
a taken the popular view Of the high
cost OF living cause when he laid It to
profteering. In denying that the Ad-
niinistration did not already have ample
power under the food control act he
pointed out hat II can act where the
price is controlled through wanton de-
struction. neglect or otherwise, or by
any combination to restrict either supply
or distribution, or by boarding." any
attempt to r necessities could be
dealt with under the Sherman antitrust
law.
THE thing necessary Is for the Presi-
dent to use the authority he now has
to enforce h law" the speaker de-
clared. The present situation of the
various departments including that of
the Department of Justice. clearly show
that the failure IL not the want of aw.
Currency imitation. Mr.. Tess said. has
teen carried far beyond trade needs. It
is enc Of the results Of the war, but the
SPEAKER was Of the opinion It ~ been
carried beyond the demands. He then
pointed to a report Of the American eco
Eomio association, which. he said,
showed that while the imitation in cur
rency had amounted to more than go
per cent. over the pre-war standard. the
country's none stock had been In
rraa aaA mora than a0 mar capt
These mutations explain the abnormal
prices for everything purchased and
measured In the inflated period" Mr..
Fess said. ut IL as bad as in the green
back period following the civil war. The
years following the close Of that wal
supply a period in our history which ali
should reread.
THE remedy now Is not that specie IT.
self has become a drug on the market
We must adopt the wiser policy OF q
gradual retirement Of redundant cur
rency, which is the inevitable result Of
the case with which the Treasury at
tempts to convert fictitious values with
LIQUID assets. The boast OF the reserve
system is rapidly becoming the undoins
Of our entire industrial fabric. The coun-
try must find q way to reach normal by
a gradual process or II will be reached
BY a crash not unlike that Of 1878.
Condemns Expenditures.
Referring to the vast expenditures OF
the Government during the war. the
speaker continued:
There is little hope that we shall
ever again have light taxation, at least
for years to come. Hence the scale oil
the cost of living must be high. Oul
duty is to cut of every Item OF unneces'
sary expense attached to the war ma
chine, and return the army OF civil EN-
ployees gathered from the four corneri
of the country to a more productive life
Nine months after the war Is over WI
still report employees in Washington
constantly increasing. The month Of
July brought 237 more than Tune. Thu
payroll continues to grow.
"Extravagance Is a certain product oil
war. The Government sets the pace and
the population falls In line. Never II
the history OF nations is this demon
strated as to-day. One billion two hun
bred million dollars for aviation ant
only ala American planes in Europe
open charges of vile corruption aircraft
investigation report and recommends
tions of court-martial dismissed al
g~roundless. The only echo is an clio
ouent peroration OF the Secretary o
War. Ford Eagle boats belong to tn
same category and will never get fur
ther than Admiral Earle's testimony
Three billion eight hundred million dol
lars for the Shipping Board and ye
we paid Great Britain handsomely 70
transporting 81 per cent. Of our boys I
Europe.
"In a country like OURS. SO vastl,
| wealthy, which makes of our borrowin
campaigns a veritable spree OF none
| lending, even to the extent of borrowh.
in order to lend. our people, unused t
habits OF frugality. are flush with a Gov
| eminent inflated payroll and they de
| mand the best. This sends prices sky
ward. If this delirium OF expenditure
| does not give way to sane, frugal habit
| we are doomed for a crash in time"