The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1920-07-10
BUY VOTES WITH
FALSE HOPES

publican Publicity association. th-a
It's president, Hon. jonathan Bourp
Jr.. today gaze out the following
statement from It's wasainstoa head
Keeping In. miHd the readinees
with which the Democratic party has
made promises which II did not ex'
pect to fuinil but through which Il
could appeal to class interest. AMI
reasoning a priori. II is safe to pre-
dict that one OF the pisnks Of the
San Francisco platform will be a
pledge to restore par value to tbs
Liberty bonds now held BY. some IT.
teea millions OF the people Of the
United States. BY this pledge, the
Democrats viii hope TO win enough
votes to overcome the votes they
will lose because OF their extrsva'
sance. their ineeaoieucy. their 60
coura cement Of radioaiism. their as-
tempted surrender Of American SOW
ereisnty. and their Substitution OF
executive dictatorship Cor reeresec
s,.~ ..~,a~~->ot
Anything 70 set the votes.' Will
be the policy Of the Democratic par-
ty In 1880. a. It was In 1919 when
reduction OF the cost Of living wss
the promise and In 1915. wheu
keeping the nation out of war was
the slogan. The same party which
boasted that 1t got the solid support
of the railroad brotherhoods through
the enactment Of the Infamous. Al.
amson law win not hesitate to mak''
q play for the votes Of holders OF
Liberty bonds by promising to re-
store the values which Democratic
policies have destroyed. By poeiua
as the savlors OF Liberty bonds. th'
party will assume the role of tb,
mock hero. who throws the lady ov
Ierboard In order 10 have the oppof
tunity of saving her life and win
ming her hand.
Speaking at Cooper Union. Ne,
York City. on June I. lol7. 6ecre
tary Of the Treasury McAdoo said
In urging the liberal purchase a
ponds By the people:
We have offered this great II
herty loAn. hWat does Il menf I
means that our government Offer
you q privilege. It asks you me-
and women not to give something {
your government, but to buy tn
best Investment on earth. the safcs
thing you can possibly possess. som
thing that u safe as currency an
yet better than currency becaus
currency does not bear interest
THE Democratic party rejecte
plans of financing which would hav
assured maintenance Of bonds a
par and adopted plans under whicl
bonds deprecated. Not only thu,
but the administration. through H.
control OF the federal reserve sys
TEN. adopted policies which force
the sale of bonds and thus acceler
ated the depreciation. BY Its extra
vagance the administration necessl
tated excessive issuance Of bonds
thus making more difficult the float
ing OF loans. increasing the marke
rate of interest and indirectly tend
ing to depreciate the market valu
OF Liberty bonds. The same poli.l
cal party which threw the bonds ov
erboard will now pose as their ID
vior by promiaing to bring theI
back to par. and II win expect II
reward through the delivery Of tn
votes OF bond holders who may b
deceived by the duplicity.
That the Democratic party ha
no sincere intention of restoring u
bonds TO par by sound financia
\ methods Ia evidenced by the fac
that during the present congress tn
q all m N LAT ra ton aoGal 20. N nn.ou.i,