South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-09-09

he cost OF living IS pTlmaTl
losses of man power in the war. and
the decentralization of industry. he
said. Factories must again be de-
voted TO peace purposes and labor
Tedistributed. This process cannot
begin, he argued, untii real peace is
assured by ratification. commerce
resumed and the world begins 10
settle down.
The legislators listened for the
most part in silence, leaning for
ward in their seats TO hear better.
Should Aid World.
Wilson argued America should
help the world get on its feet again.
so trade might be tablished for
the financial betterment Of Ameri-
ca.
Senators who oppose the League
OF Nations are afflicted with Just
downright ignorance" he said. There
was -clapping. a few cheers
and Mrs. Wilson. sitting in the gall
lery, smiled.
America must play a part in
world affairs. he said. as it must
play its part either inside or on
the curb"
The Presidents Speech.
Prest Wilson's speech before the
Minnesota state legislature in part
follows:
Mr.. Speaker, Your Excellency.
Gentlemen of the Legislature,
ladies and Gentlemen:
esteem il an unusual pleasure
to stand in this place today and 10
address the members Cf this great
body because the errand upon
which l have eft Washington is so
intimately a matter OF the life Of
our own nation as well as the life
Of the world
And yet ] am conscious. standing
in this presence. that perhaps the
most appropriate things 1 could say
are those which affect us immed-
lately.
I know that you have been call
ed together in special session for
special objects. one Of these objects
you have achieved and rejoice
with YOU in the adoption of the suf-
frage amendment. (ApplaUse)
Another of the objects ! under
stand is the consideration OF the
high cost Of living; and the high
cost Of living Is one Of those things
which is so complicated. Families in
so many directions, that IL seems TO
me, we cannot do anything in par
ticular about il without knowing
how the particular affect the whole.
Discusses Living Costs.
1t is dangerous TO play with a
complicated piece of machinery.
piece by piece, unless you know how
the pieces are related 10 each other;
and the cost OF living at present is
world condition. II is due 10 the
fact that the man power Of the
world has been sacrificed on the
agony Of the battle field and that al
the processes of industry have either
been slackened or diverted
Production OF foOdstuffs. the
production Of clothing. the produc-
tion Of the necessaries Of life; has
either been slackened or turned in
10 CndnnelS llldL dl p u l4lAlt use ADA
the general civil population.
The world is not going 70 settle
down. my fellow citizens. until it
knows what part the United States
is going 10 have in the peace. CAP
plause).
Accumulation of Debts.
I imagine it viii be several gem
erations before foreign governments
can. finally adjust themselves to
carrying the overwhelming debts
which have accumulated in this
war
The United States has accumu-
lated a great debt too. but not in
proportion 70 those that other coun-
tries have accumulated. when You
reckon our wealth as compared with
theirs. And we are the only nation
in the world that is likely. in the
immediate future 10 have suffi-
cient amount Of free capital 20 put
the industries OF the world Up and
finally on its feet
Until the industry Of the world is
put on its feet. you can't finally
handle the question Of living cost;
because the cost Of living in the last
analysis. depends on the thing we
are always talking about and don Z
know how 10 manage-the law Of
supply and demand.
II depends upon manufacture and
distribution. il depends upon all the
normal processes OF the industrial
and commercial world; IL depends
upon international credit: il de-