Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-08

added, and the offenders both great and
small should be pursued and punished,
not In the headlines of newspapers after
the manner of the present attorney gen
eral. but quietly, thoroughly and effi-
GENTLY, in the courts of the United
States. Something more in this direc
ton can be accomplished by the proper
regulation of cold storage, and a hill
for that purpose has passed both houses
and is now in conference.
Another deep seated cause of the
rise of prices, more effective in its re-
suits although less obvious than profteer-
ing, is the abnormal increase per capita
of the circulating medium. This has
doubled since the war began and II in
the space OF a few years the amount of
the circulating medium is doubled 1t has
a most profound effect in stimulating
and advancing prices During the war
credits have been enormously inflated
and there have been large additions to
the currency through the federal reserve
banks. Here 1t is possible to check the
advance of prices by law We can pro-
vide for the control of credits in such
manner as to give preference to the most
essential products. We are also able TO
reduce the amount of the circulating me-
dunn in the form of federal reserve bank
notes. the authority having been given
during the war to increase the Issue OF
these notes from two billions to four bill
lions. II should be one of the first acts
of congress to deal with this essential
point and IL would have marked eff
feet in reducing prices by steadying
them and bringing them down to a
lower and more normal level.
1.-THE most essential remedy for high
costs is TO keep up and Increase produc-
ton and particularly should every eff
fore be made to advance the productivity
Of the farms. Just how much the gov
eminent can do in this direction is I'M
certain, but it can aid and support and
II anything can be done 1t must not be
omitted or overlooked. At the same time
Il must not be forgotten that there Is a
vast difference between the powers of the
national government in time OF war and
those which Il possesses In time Of peace.
The normal limitations of times Of peace
restrict very much the powers OF the
general government and in helping to in
crease the productivity Of the farms,
which must be done through government
action, the republican party promises 10
use every power in this direction /
whether within the state or federal jur-
isdictlon.
There Is, however. one measure which
can not be passed over, a single great
law which has been enacted and which
in any period would be sufficient 10 dis
tingulsh congress as one OF high ac-
com plishment This IS the railroad act
For six months able committees in both
houses. committees where no party line
was drawn. toiled day after day upon
this most intricate OF problems. There
was much serious debate in both senate
and house and then the bill, signed by
the president, became law. No doubt
time and experience viii show that i'm
provementk In the act can be made. but
in the main Il is a remarkable piece OF
legislation snd IN general principles Is
entirely sound.
FOREIGN RELATIONS
AND DOMESTIC NEEDS.
The time has come 10 put an end 10
this Mexican situation. which Is a shame
10 the United States and a disgrace 70
our civilization II we are 70 take part
in pakifying and helping the world. let
us begin here ht home In Mexico. II
we assert and protect the Monroe doc
trlne against Europe, as we must for our
own safety. We must also accept and full
I'll the duties and responsibilities which
that doctrine imposes,
'The president has been unable or IN
willing 10 do anything for Mexico,
where civil war has ragged for years,
where anarchy exists and where the peo-
pie are suffering But be thinks IL our
duty TO take a mandate for Armenia,
which would involve our sending an
army there for an indefinite time and
which would cost. Including the army
and civil expenditures. ZT5 millions for
the hrst year. besides entan Cling US IN
all the quarrels and intrignes Of ASIA
Minor and the surrounding countries.
Vt Ga arf-
mary duty for US to deal with Il under
the Monroe doctrine, but nothing has
been done, and yet we are asked to take
a mandate for Armenia.
"As the great war In Europe pushed
Mexico into the background and turned
the thoughts Of all away from Il. so
there IS at this moment another great
question of our relations TO the civilized
world which overshAdows every other
when the armlsIce with Germany was
signed the course 10 be pursued was
clear. II was urged by republican sen
ators before the armistice and imme
diately afterward. That course was to
make the peace with Germany at once
and then take mp for reasonable consid-
Grafton the question OF establishing such
future relations with our associates IN
the war as would make for the future
peace OF the world. II this had been
done we could have had fun peace with
Germany three months after the
armistice. This Mr.. Wilson prevented.
He went TO Europe with the greatest op-
portunity for large service to the world
ever offered 10 any one man. He In
sisted on going himself. for he trusted
no one else. We then had the confidence.
the gratitude and the friendship Of every
European nation, which thanks 70 the
president we possess no longer. II Mr..
Wilson had SAID I'VE came here 10 help
you win this war IN defense Of civiliza-
ton. The war Is won. All we now In
sist upon is that Germany shall be put
in such a position as not to bs able
again to threaten the peace and freedom
of mankind Our own questions in the
American hemisphere we will care for
ourselves. We have interests in the far
asst which we shall wish to have pro-
tected, but your own European questions
you must settle and we will accept the
settlement to which you agree. We are
not here seeking territory or TO dictate
what you shall do In regard TO either
territory or boundaries" Then indeed
we should have been entitled to the graft
tude OF the world not only for our de-
cisive services in the war but for gen
erous resistance in making lasting
peace But Mr.. Wilson did not do this.
He had apparently only one aim, to be
the maker of league Of which he should
be the head. He was determined that
there should be a league of nations then
and there and in order to nullify the
powers Of the senate given by the consti-
tuition of the United States he decided
to make the league an integral part of