The Coconino sun., 1920-06-18

, from fictitious but enlarged buying power have been contributing causes in greater or less degree. We condemn the unsound fiscal policies of the democratic administra- tion which have brought these things to pass and their attempts to impute the consequences to minor and sec ondary causes. Much of the injury wrought is irreparable. There is no short way out, and we decline to de- ceive the people with vain promises of quack remedies. But as the political party that throughout it's history has | stood for honest money and sound f. nance we pledge ourselves to earnest and consistent attack upon the high cost of living by rigorous avoidance of further imitation of our expanded credit and currency, by encouragement of heightened production of goods and services, by prevention of unreason- able profits, by exercise of public econ omy and stimulation of private thrift and by revision of war-imposed taxes unsuited to peace-time economy. Profiteering. We condemn the democartic ad- ministration for failure to enforce the anti-profiteering laws enacted by the republican congress.
 Industry and Commerce. We approve in general the existing federal legislation against monopoly and combinations in restraint of trade, but since the known certainty of a law is the safety of all, we advocate such amendment as will provide American business men with better means of de- termining in advance whether pro- posed combination is or is not unlaw- ful. The federal trade commission un- der democratic administration has not achieved the purpose for which it was created. This federal trade com mission, properly organized and it's duties efficiently administered, should afford protection to the public and leg itimate business interests.
 Trade and Tariff. The uncertain and unsettled con- dition of international balance, the abnormal economic and trade situation of the world and the impossibility of forecasting accurately even the near future preclude the formation of definite program to meet conditions a year hence. But the republican party reaffirms it's belief in the protective principle and pledges itself to. a revis- ion of the tariff as soon as conditions shall make it necessary for the pres ervation of the home market for American agriculture, labor and indus try.
 The national defense and our for eign commerce require merchant marine of the best type of modern ship flying the American flag, manned l by American seamen, owned by pri- vate capital and operated by private energy.
 We indorse the sound legislation recently enacted by the republican tion and maintenance of the Ameri- can merchant marine. We favor the application of the workmen's com pensation laws to the merchant ma rine.
 Immigration.
 The standard of living and the standard of citizenship of nation are its most precious possessions and the preservation and elevation of those standards is the first duty of our gov ernment.
 The immigration policy of the Unit ed States should be such as to insure that the number of foreigners in the country at any one time shall not ex- ceed that which can be assimilated with reasonable rapidity and to favor immigrants whose standards are sim liar to ours.
 Selective tests that are at present applied should be improved by re- quiring higher standard, more complete exclusion of mental defec-