New-York tribune., 1920-10-16
City Celebrates
Coolidge Day
On October 28
Hays Promises Parade Simi-
lar to Sound Money Dem
onstration in 1896. Pre-.
ceding Mckinley Election
Candidate Will Speak
Ohio's Ex- Governor Saws
Harding Will Carry State
by More Than 100000

Will II, Hays, chairman of the Re.
publican National Committee, an
nounced last night that Thursday, DC.
tober IS, would be Coolidge Dav in
New York. He said the Business Mems
Republican Association would conduc,
parade on that day which would re.
mind the older generation of the Sound
Money parade in. 1896, preceding the
election of Mckinley.
The Business Mems Republican AS
sociation has the following officers
President. Michael Friedsam, head of
B. Altman d Co.; chairman executive
committee, General Charles H. Sher-
rill; treasurer, William Warren Bar
bour; executive secretary, Roger w
Allen Chairman Hays in outlining
plans for the celebration said:
"The Republican Vice Presidential
candidate Will speak in the evening in
Carnegie Hall. During the day there
will be a demonstration which will GER
tainy show that the heart of New
York is in this campaign.
Big Parade Is Planned
ut Will be Z tremendous parade.
Virtually every trade and business oc-
cupation in the city will be represented d
N line, which will be supplemented by
marching units from twenty seven uni
versities and colleges. Coolidge Day
m New York Will be a manifestation
of the spirit of things Republican in
this campaign year of Harding and
Coolidge"
Arthur Garford, OF Elyria, Ohio, the
auto manufacturer, and one of the pro-
- r
nor Myron T. Herrick, who called yes
terday on Chairman Hays, said Ohio
would be carried by Harding and Coo
ldge By moro than 100000.
"Ohio is safely Republican," said
ex-Go ernor herrie.k. Democrats
possessed with sporting proclivities
no longer viii wager cent against
Harding carrying the state by $4,000.
This indicates that the friends of
Governor Cox, who usually use a bet
as an argument, arg not sanguine about
Democratic prospects. The Ohio Re-
pubicans expect that Willis, candidate
for United States Senator, and Davies,
candidate for Governor, also will win
by large pluralities."
Democrats Fail to Tell Truth
Representative J. w. Fordney, chair
man Of the Ways and Means Commit
tee of the House, yesterday in a let
ter to Chairman Hays, saH Democratic
spe'lbinders, big and little, were wide
OF the truth when they assert that the
Democrats urged the Republican House
to reduce taxes To prove the inexact-
ness of these claims Representative
Fordney said
Under date of May 18, 1920, in op-
position to proposals to provide money
to meet the payments Of contemplated
additional compensation ID the ex-serv-
ice men, Secretary Jouston said in q
ietter addressed to me as chairman Of
the committee:
"l beg to submit to your committee
for its serious consideration the ques-
ton whether, all things considered, it
would not now be advisable to seek
out additional sources of revenue to
meet current requirements Of the gov
ernment, over and above any additional
revenue which would be necessary if
the soldier bonus plan is determined
upon, IN order to obviate the necessity
OF continuing in considerable measure
to meet them by borrowings
In opposition to bill to encourage
the building of homes by granting GER
tam exemption from taxation Of real
estate mortgages, Secretary Glass
wrote the following to me under date
of July 20, 1919:
~ am convinced that the bill is un-
sound legislation and am definitely op-
posed to it's enactment. The prob
lem of raising sufficient revenue by
taxation is a serious and delicate one,
and the government cannot at this time
afford to dispense with this revenue
which would otherwise accrue to it by
the interest on mortgages