South Bend news-times. (South Bend, Ind.) 1913-1938, 1920-07-03

~ MIN OkAAtA " Aot MOuAu 4AdNt DEtli
covered into the treasury, and
which should he added TO the repub-
lican total Of expenditures.
HIGH COST OF LIVING
The high cost of living and he
depreciation OF bond values in fhis
country are primarily due TO war
Itself to the necessary government
al expenditures Of the destructive
purposes of war. to private extrava-
.gance. 10 the world shortage "a
capital. to the initiation OF foreign
currencies and credits and. in large
! degree, 10 cOnscienceless profiteer-
ing.
The republican party is RESPONSE
| bic for the failure 10 restore peace
and peace conditions in Europe,
which is a principal cause OF post
armistice initiation the world over.
1t has denied the demand of the
president for necessary legislation to
deal with secondary and loyal cause.
The sound policies pursued by the
treasury and the federal reserve
system have limited in this country
though they could not prevent the
Initiation which was world wide
&. o. p. Wastes Money.
Elected upon specific promises
to curtail public expenditures and TO
bring the country back 70 a status
Of effective economy The republican
party wasted time and energy for
more than a year in vain and ex-
travagant Investigations, costing the
taxpayers great sums OF money.
while revealing nothing beyond the
incapacity OF republican politicians
TO cope with the problems
Demanding that the president
from his place at the peace table,
call the congress into extraordinary
session for imperative purposes Of
readjustment. the congress when
convened spent 3 months in parti-
san pursuits. failing TO repeal n sin
gle war statute which harassed bust
ness or to initiate a single construc-
tive measure 10 help business It
busted itself making a prediction
record Of pretended thrift. having
not one particle of substantial exist
ence in fact.
Ragged Against PrOfitcers.
II ragged against profiteers and
the high cost OF living without en-
acting a single statute 70 make the
former afraid or doing single act
10 bring the latter within limitations
FAC sam hAt Il lAAA - lAAdN the nigh
cost Of living can only be remedied
by increased production, strict gov
ernmental economy and a relent-
less pursuit of those who take adj
vantage OF postwar conditions and
are demanding and receiving out
rageous profits.
We pledge the democratic party
to a policy Of strict economy in gov
erment expenditures and 20 the en-
actment and enforcement Of such
legislation as may be required 10
bring profiters before the bar Of
criminal Justice
TARIFF
We reaffirm the traditional pol
icy of the democratic party in favor
OF a tariff revenue only and TO con-
arm the policy of basing tariff revi-
sions upon the intelligent research
of non-partisan commission rather
than upon the demands Of selfish in
terests, temporarily held in abey-
anCe.
BUDGET
In the interest OF economy and
good administration. we favor the
creation OF an effective budget svs-
TEN that will function in accord with
the principles Of the constitution.
The reform should reach both the
executive and legislative aspects Of
the question. The supervision AMI
preparation OF the budget should be
vested in the secretary of the treas
Ilry as the representative Of the pres
ilcnt.
No Raise IN Budget.
The budget. as such. should not
be increased by the congress except
by twO-thirds vote. each house.
however. being free 10 exercise its
constitutional privilege Of making
appropriations through Independent
bills The appropriation bills should
be considered by single committees
OF the house and senate. The adult
system should be consolidated and