The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1920-08-19
Senate 0IigarChy" Charged
With Responsibility for
BeIated Reduction in
Living Costs.
GOV. cox AT SOUTH BEND
Penrose Instrumental in Pre-
venting Reduction of War
Taxes in Order to En-
barrass Wilson.

South BeEd. Ind. Aug. 1s--Nationai
and international financial and econ
omy eradJustment. az well as the high
cost OF living. are bound up Ia the
puccess Of the league OF nations. Gov.
Cox, democratic presidential candi-
date. declared here today in address,
Ing a large public gathering.
"our safety. our economic readiust-
ment and our prosperity" are all In
volved in Americas making the
league world force. Gov. Cox as
| serted. charging the republican sen
ator oligarchy" with responsibility for
delay IN economic progress and be-
lated reduction OF living costs The
democratic candidate came here today
from colvmbus. by way OF Chicago,
and will speak tonight AZ the Indiana
democratic editors banquet.
'The position OF the democracy ID
definite and Affirmative" said Gov.
Cox. charging ''the reaeticnary repub-
lican leadorsY with being evasive, am
biguous and hypocritical."
with tho least possible delay after
March 4. 1921. our pledge is 10 enter
the league, making such conditions a.
are reassrtng and helpful" he con-
tinuod. "This viii legally end the
war: II will help TO re-estahlIsh cred
its. A call will be made upon our
mineral wealth and our productive
skill. We win have the ships to sail
every sea. The supply OF life's essen
tials will be equal to the demand. Liv-
Ing costs will be reduced. What we
would otherwise he spending for guns
and powder and ships win be applied
to our war debt, and, above all. We
will be happy in the consciousness
that war is practically impossible.
The opposition offers at the very.
best prolonged delay. What project
II has as a substitute for the league
OF nations no one knows. or at least
no one has ever attempted TO describe
IL or to name II.
"The question OF the league og ma
tlons therefore becomes increasingly
the issue In this campaign for the very
reason that II involves our safety. our
economic readJustment and our pros
perity. The air is clearing: the smoke
screen OF hypocrisy thrown out BY the
senatorial olgarehy has been pierced.
and every day between now and Noe
Of tho forces Of reaction, The tide ef
moral thought u flowing against them
There Ia not enough money in tho
world 90 stop Il, and the result. whiell
I confidently predict. YIN not only he
| ot gnMMkinasarASut n viii sarry leNSnn
| thnt political leaders. present and fA@
tpre, win have little trouble IN undef-
standing"
Relteratlns his charge Of reaction
esainst the republican leaders Vpvs
III they should follow their own steps
backward, and they are 10 used u inar-
ing in that direction that they wousH
not need compass. they would nuu
that every direction against which they
invelgh y of their own creation They
discuss the high cost Of living With
out apparently realizing that In q larke
measure they are responsible for tiin
beated settling down OF conditions
which have continued the hiKh ivittr
costs. The demand for ioods.una has
compelled 20 buy because shs IL net
producing, and production Ia Ameticn
has not moved back into lta stride ~
cauAd things economically are aMs
jointed not only here, but averywhers.
"If the league OF nations had been
ratified months ago. exchange would
have been stabilized. Europe couH
have started It's work Of rehabilltaki kions
its countries would not nave miau@ =
drain upon our food snppiiss, ~ fact
Europe would be buying the thiuNH
which We can spare The result ct this
would be seif evident. War taxes
which should have besn modified 81
repealed when the war VAS ovee. Mete
not touched, and tho republteAn old
archy in the senate 10 directly re1rrt-
senator penrose. os Psansylvania,
Gov. Cox declared. was lnstrunsntGl y
preventing eduetion OF war taxes IN
tha theory that tho people would nlnine
the executive rather than the conNres-
sional Administrations" for taiidre te
abolish burdansoTne taxatior.
Much of the national aAos of en
countries. Gov. Cor SAID. was caused
by the race IN armament. sddings
III the word Does nst 2roceed e
arm Itself 20 the tecth. II the cost %
afma 10 diverted 20 the nayment
of interest and s,nainE fund on tAe
bonded debt. when there Is more tran
a hope that civilization can work ~
way out 10 . sound footirg hnanclnllx
and economically, n this Il not done,
then no enc kncwn what viii aeppen.
I'm the face OF these things 4 u hard
10 believe that tho senatorial olieArehr
eontlnues l,s opposition II tMs ieNrte
for eonrclart'ous reasons"