The Barre daily times. (Barre, Vt.) 1897-1959, 1920-08-19
PUTS BLAME
ON "OLIGARCHY''
Cox Says Republicans In
Senate Responsible
for Delay
IN REDUCING
COST OF LIVING
Democratic Candidate Calls
League of Nations a
Necessity

nomic readiustment, as well as the
high cost of living, are bound up in
the success of the league of nations
Governor Cox, Democratic presidential
candidate, declared here to day in ad,
dressing large public gathering.
"our safety, our economic readiust
ment and our prosperity all are in
volved in Americas making the league
a world force" Governor Cox assert :
ed, charging the Republican Senate
oligarchy" with responsibility for dc !.
lay in economic progress and belated
reduction of living costs, The Demo
cratic candidate came here o-day from
Columbus via Chicago, and will speak
tonight at the Indiana Democratic edi.
| tors banquet.
'The position of the democracy is
definite and affirmative" said Governor
Cox. charging "the reactionary Repub-
lican leaders" with being ''evasive, am.
biguous and hypocritical"
with the least possible delay after
March 4, 1921. our pledge is TO enter
the league, making such additions as
are re-assuring and helpful" he con
tinued. This will legally end the war,
it will help to re.establish credits. A
call win he made upon our mineral
wealth and our productive skill. We
viii have the ships To sail every sea,
the supply of life's essentials will be
equal to the demand; living costs will
be reduced. What we would other
wise be spending for guns, powder and
ships, will be applied TO our war debt,
and above all, we will be happy in the
consciousness that war is practically
impossible.
"The opposition offers, at the ysry
best, a prolonged delay. What pro
iect it has as a substitute for the
league of nations, no one knows. or
at least no one has even attempted to
describe il. or 10 name il.
"The question Of the league Of ma
tions, therefore, becomes increasingly
the issue in this campaign for the vary
reason that il involves our safety. our
economic readiustment and our pros
perity. The air is clearing, the smoke
screen of hypocrisy thrown out by the
senatorial oligsrchy has been pierced,
and every day between now and No.
vember will witness the gradual re-
treat of the forces Of reaction The
tide Of moral thought is flowing against
them. There isn't enough money in
the world to stop it, and the result. !
which I confidently predict, will not
only be a great help TO the impaired |
agencies Of mankind but IL will carry |
a lesson that political leaders. present |
and futuIe. will have little trouble in |
understanding
Reiterating his charge Of reaction" !
against the Republican leaders, Gov
ernor Cox said;
IF they should follow their own
steps backward they are so used
TO moving in that direction that they
would not need compass--they would
find that every condition against which |
they inveigh is Of their own creation.
They discuss the high cost Of living
without apparently realizing that in
large measure they are responsible for
the belsted settling down OF conditions
which have continued the high living
cost The demand for foodstufrs has
exceeded the supply. Europe has been
TO buy because she is not
producing. and production in America
has not moved back into its stride be.
cause things economically are disioiut-
ed not only here but everywhere.
III the league of nations had been
ratified months ago, exchange would
have been stabilized Europe could
have started its work Of rehabilita-
tion; its countries would not have
made drain upon our food supplies.
In fact. Europe would he buying the
things which We car spare. The re-
suit Of this would be self-eyident War
taxes which should have been modified
,r repealed when the war was over
we're not touched. and the Republican
1liearchy in the Senate is directly re-
.ponsible'
Senator Penrose Of Pennsylvania.
Governor Cox declared. was instrumen- ;
.sl in preventing reduction Of war ,
axes "on the theory that the people
would blame the executive rather than !
he congressional administration" tor
failure to abolish the burdenscme tax 1
ition.
Much Of the national debt Of an !
Countries. Governor Cox said. was ]
aused by the race in armament. add 1
ne: .
"lf the world docs not proceed % !
.rm itself 10 the teeth. II the cost of D
ornament Is diverted 10 the payment .
4 interest and sinking fund on ths I
,onded debt. then there Is more than '
hope that civilization can uork ts
gay out to a sound footing financially {
nd economically. II this j. not done. q
hen no one knows what will hsppe1 3
In the face of these thing il is =
lard to t.elicve that the senatorial afi- v
arshv continues it, opposition 20 ths D
ss-us Ter conscientious rsssons- D