Five Mile Beach weekly journal., 1920-07-30

rihce shall only be asked for America
and its call of honor"
1--WE approve collective bargaining"
"Gross expansion of currency and
credits has deprecated the dollar. We
will attempt intelligent and coura-
geOus deflation."
"When competition-natural, fair i'm
polling competition-is suppressed,
whether by law, compact or conspir-
acy we halt tie march of progress,
silence the voice of aspiration and
paralyze the will for achievement"
"The human element m first,
and 1 want the employers in industry
to understand the aspirations, the
convictions, the warnings of millions
of American wage earners."
"War establishes it's higher stand
ards for wages and they abide. l wish
the higher wage to abide, on n ex-
plicit c~onditioD--that the wage-earner
will give full return for the wage re-
ceived."
Governor Cox and Franklin D.
Roosevelt began the week with a
lengthy conference with President Will
son In the White House. After the
meeting it was formally announced
that the president and the Democrat
ic nominees are in full accord on the
League of Nations issue. Governor
Cox said:
"We are agreed as to the meaning
and sufficiency of the Democratic plat
form and the duty of the party in the
face of the threatened bad faith to the
world in the name Of America. His
thought is still of the war and the
pledges we gave to those who sacri-
feed. What he promised, l shall, if
elected, endeavor with all my strength
to give"
The president announced that he
had found, what he already knew, that
Governor Cox and he were absolutely
at one with respect to the great issue
of the League of Nations and that
he is ready to be the champion in ev-
cry respect of the honor of the ma
ton and the secur peace of the
world"
On Tuesday the Democratic nation
al committee met in Columbus, O., to
prepare for the campaign. Mr.. Cox's
choice for chairman was Edmund H.
Moore, his pre-convention manager,
but Mr.. Moore absolutely declined. The
governor then asked the election of
former Congressman George White of
Marietta, and the committee, most of
whose members were said to favor
the retention of Homer S. Cummings
in the place, yielded and named Mr..
White. To comply with the rules laid
down by the San Francisco convention,
Mr.. Moore resigned from the commit
tee and Mr.. White was elected in his
place. Governor Cox is to be notified
on August z and Roosevelt two days
later.
Whether or not to accept a wage in
crease of 5000, 900 yearly, includ-
ing about $40, 900, 900 back pay, was
the proposition put up to the rail work
ers of the country last week by the
United States railway labor board. The
long awaited award was announced
in Chicago to the representatives of
eighteen brotherhoods and unions, and
it really did not please them at all,
as they demanded approximately twice
as much. Some of the members of
the grand council were not empowered
to accept the award finally, so a ref
erendum vote of the two million rail
workers becomes necessary. The chiefs
of one union, the Order of Railway
Telegraphers, rejected the award, and
they called for a referendum vote on
strike.
Of course the railway executives at
once began looking for means to pay
the advanced wages, and they already
have worked out a schedule of in
creased rates, both freight and pass
enger, for presentation to the inter-
state commerce commission. The pass
enger increase asked is from one half
to n per cent per mile. That for
freight will undoubtedly be heavy.
In the death Of William X. Wander
bilt in Paris n of Americas leading
fnanciers and sportsmen passed. He
inherited a large share of the
vast estate Of his father, and is
believed to have left a fortune of be-
tween $50,0O0,OOO and $1OO,O 600, 900.
Despite his wealth he worked his way
up from the bottom in the railroad
business.
Another death of the week, inter-
esting but not important, was that of
Joachim, youngest sNn of the former
kaiser. Distressed by financial diff
culties. he committed suicide in Berlin.