Every evening, Wilmington daily commercial., 1920-07-22

Gross expansion of currency and credit
have deprecated the dollar Just as cx-
pAnsion and imitation have discreditnd the
coins Of the world We inhated in haste,
we must deflate in dclibcration. We de-
based the dollar in reckless finance, we
must restore in honesty. Deftion on
the one hand and restoration Of the 100
cent dollar on the other ought To have
begun on the day after the arrnistice, but
plans were lacking or courage failed. The
unpreparedness for peace was little less
costly than unpreparedness for war.
We can promise no one remedy which
will cure an i'll Of such wide proportions,
but we do pledge that earnest and CON
sistent attack which the party platform
covenants. We will attempt intelligent
and courageous defiatIon, and strike at
government borrowing which enarges
the evil. and we will attack high cost OF
government with every energy and facility
which attend Republican capacity. We
promise that relief which will attend the
halting Of waste and extravaganza, and
the renewal OF the practice OF public
economy, not alone because II will relieve
tax burdens but because IL will be an ex-
ample to stimulate thrift and economy
in private life.
have already alluded TO the necessity
for the fullness Of production, and we
need the fullness of service which attends
the exchange Of products. Let us speak
the irrefutabde truth, high wages and re-
duced cost of living are IN utter contra
diction unless we have the height OF
efficiency for wages received.
In all sincerity we promise the preven-
tion Of unreasonable profits, we challenge
profteering with ali the moral force and
the legal powers Of government and people,
but it is fair, aye, il is timely, to give
reminder that law is not the sole cDrrec-
tive of our economic ills.
CALL FOR THRIFT AND EcoNoaY.
Let us cah 10 ali the people for thrift
and economy, for denial and sacrifice If
need be, for nationwide drive against
extravaganza and luxury, TO a recomnlttal
TO simplicity of living 10 that prudent and
norma, pan Of fife which is the heath o.
the republic. There hasn't been a re-
covery from the waste and abuormalities
Of war since the story of mankind was
first written, except through work and
saving, through industry and denial,
while needless spending and needless
extravaganza have marked every decay
in the history OF nations Give the assur-
ancc of that rugged simplicity Of American
life which marked the first century oi
amazing development and this generation
may underwrlte second century oi
surprising accomplishment.
The Republican party was founded by
farmers, with the sensitive conscience
born of their freedom and their simple
lives. These founders spraDg from the
farms Of the then Middle West Our
party has never failed in its realization
that agriculture is essentially tie fnunda-
rion Of our very existence, and it has
ever been our policy purpose and per-
formance to protect and promote that
| essential industry
New conditions, which attend amazing
growth and extraordinary INDUSTRIAL de-
velopment, call for new and forward
looking program The American farmer
had hundred and twenty millions n
feed in the home market, and heard the
cry Of the world for food and answered 1t
though he faced m appalling task amid
handicaps never encountered before.
BURDEN or THE FARMER
In the rise Of price levels there Rave
come increased appraisals 10 his acres
without adding 70 their valge IN TACT, bat
which do add 10 his taxes and expenses
without enhancing his ret1rns. His helpers
| have yielded To the lure OF shop and city
until, almost alone, he mas met and borne
| the Lrtden Of the only insistent attempts
| TO force down prices. 1t challenges 10th
! the wisdom and the justice Of artificial
| drives on prices to recall that they were
| effective almost solely against his products
! In the bands Of the producer and never
effective against the same products IT
passing TO the consumer. Contemplating
| the defenselessness OF Tire Indiviual farm
/ er TO meet the organized buyers Of hls
products and the distributors Of the things
the farmer buys, | hold that farIner
should not orly he permitted but en-
couraged 10 join in cooperative associa
! ton TO reap the just measure Of rewar,
merited by their arduous toll. Let u:
! facilitate cooperation to insure agaiDs
the risks attending agriculture, which
tie urban world so little understands, anc
! a like cooperation 10 market their prod
ucts as directly as pOssil le with the con
/ sumer, In the interests of all. Upon sEcE
association ard cooperation should b
/ laid orly sgch restrictions as viii prevea'
arbitrary control Of our food sapply anC
/ the fixing of extortioT ate price rpoa It.
REGARD FOR AGRICULTURE.
Our platform Is an earnest pledge Of re
newed concern for this most esSentia
| and elemental industry. and In botl
appreciation and interest we pledg
effective expression in law and practice
We will hail that cooperation whicl
again will make profitable and desirable
the ownership and operation of compare
lively small farms intensively cultivated
| and which will facilitate the caring Tor tn
products of farm and orchard without tn
lamentable waste under present condl
/ tlonS
America would look with anxiety ol
! the discouragement OF farming actlvit,
either through the government neglec
or its paralysis by socialIstic practices
| 4 Republican administration viii be com
mltted to renewed regard for agriculture
and seek the participation of farmers il
! curing the ills justly complained Of, anC
aim to place the American farm wher
1t ought to be-highly ranked IN American
activities and fully sharing the hlghes
good fortunes of American ife
BecomiTsly associated with this subjec
are the policies of irrigation and reclama
ton, SO essential TO agricultural expansion
and the continued development Of tn
great and wonderful West 1t Is on
purpose TO continue and enlarge Fedora
aid, not in sectional partiality, but 70
! the good of all America. We hold I,
| that harmony of relationship between
conservation and development, whicl
fttingly appraises our natural resource
and makes them available to developing
America of today, and still holds 10 tn
conserving thought for the America 0
| the morrow.