The Republican. [volume] (Oakland, Md.) 1877-current, 1920-10-28
DEMOCRACY VS.. BANKRUPTCY

VhCl VIC SuCSIeu CIle w OTlu w df
the slogan was "The World must be
made safe for Democracy" Now in
time of peace the slogan of the Presi-
Dental campaign is "The World must
be saved from Bankruptcy"
When business men form a part
nership they each contribute some
thing to the general assets. 1t may be
money, brains or labor; but in any
case the benefit to be derived is NUT
ual. Each party to this enterprise
needs what the other has to give. Now
before entering the biggest trust ever
formed, let US weigh the assets and
liabilities of the two big parties con-
cerned and see if the benefits to be
derived is mutual. The two big con-
tracing parties are the East and the
West. Let US take the former and con-
slider its financial responsibility. The
total war debt of England alone was
$34, 199, 100000. That of France was
$23, 1896, 100000. Speaking of debts ii
is remarkable that the United States
spent more money during the nine
months he was in the war than Eng.
land or France did in the four years
they were in the war, our debt being
$25 1889 100000. All the European
countries are in debt and some CAM
even meet current expenses. Europe
owes US $4,000, 100000. We cam
hope then for any financial assistance
from Europe. How about the othel
assets? The East would like to- sup
ply the brains for the West, tell n
when to go to war, where to spend gu,
money, what territories to guard
which people to clothe, which not t.
feed. They also would like the priv
lege of regulating our commerce, on
tariff and any Of our domestic prob
lens, which, in their estimation, woul
Threaten the peace of the world"
Can they supply Labor? They ca
and that is their only asset. HOY
would this affect the other party
this agreement? Would the benefit t
be derived be mutual? Let US see
In Europe today the common lahore
gets about IL cents Tin U. S. money
day in China and India to betwee
So and SO in England. In the Unite
States the same class of laborer get
an average of S. day. What woul
be the result if we entered this part
nership and accepted the only asse
the East had to offer? A lowerin
of our average American laborer
wage scale and lowering of the star
dard of living for the workingmen {
America. Every foreign born Amer
can citizen knows the difference in t.
living conditions of the laborer G
the eastern continent and those on tt
western Is he then going to vote
enter a league, which seeks to stan,
ardize the daily wage and the dali
output of the workingman?
Summing up then, we find, in tn
business deal, all the assets furnisht
by ore side, the Western half of tt
world, and all the liabilities lined l
on the Eastern side.
According to Article % of the Co
enant even immigration itself cou
be regulated by a foreign council,
this question in the estimation of til
Council threaten to disturb intern
tional peace" This might cause
indiscriminate flood of immigrant
which would not only cheaper lab
and lower the standard of living, b
make more serious our problems
cost and production.
Once in this un-business like prof.
sition, We could not get out until,
cording to Article / after two yea
notice of our intention so to do, pI
vided, that all our international {
legations shall have been fulfilled
C..I.o-;ho Co.. Tho por-1Ih7icoM