Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-07
Mr.. cox MAKES LEAGUE
MAIN ISSUE, IN SPEECH
Continued from First Page

! tACIltiuueu from lTSt faSe-t
been taken. and the republican Con-
gress, in which all tax laws must
| originate and which for almost two
years mas exclusively held the power
10 ameHorate this condition, has not
lnaoe single effort or passed sim
gle law to lift from the American
people load of war taxation that
cannot be tolerated in a time of
peace.'
He declared that by strict economy
OF administration, the expenditures
OF the government can be reduced
by at least two billion dollars a year.
GOV Cox urged that the excess profits
| taxes, which have been passed along
10 the consuming public, be repealed.
and mat there be substituted tax
| OF ! or " per cent of the total busi-
| ness of all going concerns. From
i, this tax he would exempt the income
received by wage earners, salarled
men, agriculturists and small busi-
ness men.
The profiteer," he said. and some
of the highly capitalized units nave
| used the excess profits tax as a Ia
vorite excuse for loading on the con-
| sumner by highly inflated selling prices
| many times the amount actually paid
the government A necessary condi-
ton to the national contentment anu
sound business is just proporlioisi
between fair profits to business ana
fair prices to the consumer
Rise in Prices Discussed.
The rise in prices, he said, may be
attributed to the enormous expansion
of public and private credit maze
| necessary as IA part of war financing
to the diversion of the products OF
many Industries from their usHal
channels. and to the disturbance TO
general business caused by the with
drawal of millions of men from Pro-
ducing fields.
"ReVersion' of these various agencies
to more stable condition., ne con
tinued, will tend toward re nrssent
in the enormously inflated pfeseh,
prices of many commodities ana
property values and there are now
evidences that a sane adjustment 10
not far distant"
Several times during his address
Gov. Coz declared that the republi-
cans have raised and are rais'ns
fabulous contributions" to their
campaign fund He insisted thal we
democrats will make no eHort 10
compete by dollars with our oppo
sition." He charged that many Oh
these contributions have been made
| by men who control industries win
| the idea that they will reap adVan-
| tage thereby if the republicans are
victorious.
EmplOyer and EmpiOye.
MANY captains of industry, ne
said. guided by most dangerous
Industrial philosophy, believe that IN
controversy between employer ana
employe their will should be en-
forced, even at the point of pay
onet.
Disputes between labor and cap!.
tai are inevitable" he continued II
always settles them. Pubic opihio"
should determine results in America.
1t may at times be necessary for the
government to inquire into the facts
of a tie-up, but facts, and not con-
illusions, should be submitted. The
determining form of unprejudiced
thought win do the rest. During
this. process governmental agencies
must give a vigilant eye to the pro-
lection of life and property, and
Partially"
The blame for the present insult
fciency of the transportation system
of the country Gov. Cox laid partly
upon the railroads and partly upon
the public. He urged a new under
standing He insisted that the gov
eminent had been forced into taking
over the railroads during the war to
meet the emergency, and said:
ANY attempt to discredit the fed
eral operation of the railroads dur
ing the years of grave emergency is
unfair"
He urged that the government
and the public render every coop
Grafton in the utmost good faith to
give thorough test to private owner
ship"
The country should not lose sight
of the vast possibilities of supple
mentary service by water, to help
the railroads handle the traffic.
Declares Laws Nebulous.
Declaring that existing laws are
too nebulous, Gov. Cox urged legis-
lation be enacted setting forth def
mite and precise policy as to what
business men and workingmen may do
and may not do by way of combina-
ton and collective action. He gave
his approval to the theory of col
lective bargaining.
The Mexican situation, the demo-
cratic nominee dismissed with a brief
paragraph, saying that it begins to
show signs of Improvement"
He suggested the unwisdom of
istration the federal reserve system,
developed under democratic rule, de-
claring that the republicans might by
Slight changes in the law make it
possible to favor special interests.
He urged the immediate ratifica-
tutional amendment by the necessary
thirty-sixth state to make the amend
ment effective; he advocated legis-
lation in the interests of the farmer.
and that the farmers be given repre-
sentation upon the Interstate Com
merce Commission, the Federal Re-
serve Board, the Federal Trade Com
mission and the Tariff Commission. on
the ground that the farmers con-
tribute to the success of the rail-
roads, the banks. industry and ex-
porting to as great a degree as any
other class.
Child labor, the creation of ma
tional budget system, the establish
ment of community markets, the re-
duction of tenantry and the increase
| in the number of home owners, were
other questions considered by the
democratic nominee. In conclusion.
he said:
1.-The leaders opposed to democracy
promise to put the country back to
normal This can only mean the So
called normal of former reactionary
administrations, the outstanding fea-
ture of which was pittance for farm
produce and small wage for long
| day Of labor. My vision does not turn
backward to the normal desired by
the senatorial oligarchy, but to
future in which all shall have nor
NAL opportunity to cultivate a higher
stature amid better environment than
80 he