Arizona republican., 1920-07-23

4--A~ 4 . A -fLA V AVA --N - reparion, and make sure the mistake Is not repeated
 It is little use to recite the story ot development, exploitation government experiment and it's neglect, government operation and it's failures. The made quacy of trackage and terminal facil1- ties, the insufficiency of equipment and the inefficiency of operation-aH bear the blighting stamp of governmental incapacity during federal operation. The work of rehabilitation under the restoration of private ownership de serves our best encouragement. Billions are needed in new equipment, not alone to meet the growing demand for serv- ice. but to restore the extraordinary de- preciation due to the strained service of war. With restricted earnings and with speculative profits removed, rail way activities have come to the realm of conservative and constructive serv- ice and the government which impaired must play it's part in restoration. Man ifestly the returns must be so gauged that necessary capital may be enlisted, and we must foster as well as restrain.
 Say Rail Question Paramount We have no more pressing problem. A state of inadequate transportation facilities, mainly chargeable to the fail ure of governmental experiment, is los ing millions to agriculture, it is hinder ing industry, it is menacing the Amer ican people with fuel shortage little less then a peril. It emphasizes the present day problem and suggests that spirit of encouragement and assistance which commits all America to relieve such an emergency
 The compensation amid attending anxieties is our new and need realiza- tion of the vital part transportation plays in the complexities of modern life. We are not to think of rails alone. but highways from rarIn to mar ket, from railway to farm, arteries of life blood to present day life, the quick ened ways to communication and ex- change, the answer of our people to the motor age. We believe in generous federal cooperation in construction, linked with assurances of maintenance that will put an end to commercial waste of public funds on the one hand and give a guaranty of upkept high ways on the other
 Water transportation is inseparably linked with adequacy of facilities, and we favor American eminence on the seas, the practical development of fn- land waterways. the upbuilding and co ordination of all to make them equal ot and ready for every call or developing and widening American commerce. I like that re-committal to thoughts of America first which pledges the Panama canal, an American cre- alton, to the free use of American ship | ping. It will add to the American re- awakening.
 Touches On Living Costs
 | One cannot speak of industry and l commerce, and the transportation or which they are dependent without ar | earnest thought of the abnormal cost i of living and the problems in its wake | It is easy to inveigh but that avafls nothing. And it is far too serious tc l dismiss with flaming but futile promise Eight years ago, in times of peace | the Democratic party made it an issue | and when clothed with power thai | party came near to it's accomplishment i by destroying the peoples capacity tC i buy. But that was a cure worse thar the ailment. It is easy to understand the real cause, after which the patient must help to effect his own cure. Gross expansion of currency anC credit have depreciated the dollar iust ] as expansion and imitation have dis i credited the coins of the world w | inflated in haste, we must deflate ir | deliberation. We debased the dollar ir 1 reckless finance, we must restore ir | honesty. Deflation on the one banf
 and restoration of the 1oO-cent dolIa1
 on the other ought to have begun or
 the day after thet armistice. but plan, were lacking or courage failed. Tn, l unpreparedness for peace was little les! l costly than unpreparedness for war. 1 Government BorroWinq H. C. L. Evil We can promise no one remedy whicl will cure an i'll of such wide propor. tions, but we do pledge that earnes ana consistent attack which the party platform covenants. We will atfemn
 intelligent and courageous defIatfon and strike at government borrovyine
 which enlarges the evil, and we will ar l tack the high cost of government witt every energy and facility which atteDt
 Republican capacity. We promise tha
 rehef Which will attend the halttneg O
 waste and extravaganza, and the re lnewal of the practice of public economy
 not alone because it will relieve tn,
 burdens but because it will be an ex
 ample to stimulate thrift and econom7
 in private life
 have already alluded to the neces
 slty for the fitness of production. ant
 we need the fullness of service vvbicl
 attends the exchange of productione
 Let us speak the irrefutable truth
 hlgh wages and reduce cost of Twin,
 are in utter contradiction unless "
 nave the height of efficiency for wage
 received.
 In all sincerity we promise inc nre
 Fention of all unreasonable profits. " challenge profiteering with all th
 moral force and the legal power Of gov
 ernment and people, but 1t it fair. ave
 1t is timely to give reminder that la,
 Is not the sole corrective of our eco
 homie ills
 Let us call to all the people for thrii
 and economy, for denial and sacrific
 if need be, for a nation-wi driv Q against extravaganza and luxury, to a recommital to simplicity of living. { . that prudent and normal plan of If which is the health of the republi There hasn't been a recovery from tn l waste and abnormalities of war sinC
 tbe story of mankind was first writ ai t except through work and savin e through industry and denial whi