Norwich bulletin., 1920-09-29


 ing that democratic extrav1Sln,,e a,.d rlisl9anagement had brought ne Ea-'on to the brink of financial disaster, Sena- tor Warren G. Harding told an au- diences of several thousand here tonight | that the republican party proposed to :. inaugurate policy of economy and ef- hciency that would put the whole fed ieral government on a sound business i basis. sr
 The republican nominee quoted treas ury department figures to support his charge of unwarranted expend lures and. asserted that one effect of the ad- nlinistration's proposal for new issue of treasury certificates would be 10 fur taer handicap the money market and to increase the cost of living. He scored President Wilson for his veto of the budget bill passed by the last republi- can congress and promised tha ia bud get, system would be one of the first policies niaugurated by a new republi- can adninistration
 Unless we check the existing sys- tenn of waste and extrayagance he continued, we shall run head-on into disaster. We have heard during the last few days from the democratic ad- lministration at. Washington that 1t needs money, more money. always. more money. And during these same days We have heard from democratic candi- date that if he Is elected to the presi- dency he will give to the people of this present president. with whom he says he is in accord. rejected last June" The republican nominees speech here was the sixth. he had delivered during i the day in West Virginia. Crossing from Baltimore during the morning he madc short reaf-pIatform talks to crowds at Grafton. Fairmopnt. Man nington, Cameron and Moundsville as sailing the labor provisions of the peace treaty and declaring that the demo cratic adminlstration might greatly ease the coal situation if it chose by | invoking the car allotment provisions of sthe cummIns- Esch railway bIll |; At numerous points where his train did not stop croWds were at the sta ltions hoping to catch glimpse Of him. and in Wheeling lsos was welcomed in ltumuituous fashion as he rode through the streets Most of the afternoon he rested at hotel, but before the eve ming speech he received several delega- tions of republicans from Pittsburgh and other nearby cities and shook hands with several hundred at public reception. St.s
 In his night speech here Senator
 Harding said the public debt had in- creased from s24.s9s.32l.467 on. June 90
 to $24.324,sT2.t23, on August 31, and that the deficit for tho last year would have been nearer three billions than one
 billion had not the republican congress
 cut down administration requests for
 appropriations.
 T As an illustration of financial inef- ficiency he quoted Brigadier General H
 M. Lord. director of finance of the war |, department. as saying that the depart.
 fixed financial policy with the result that a dozen bureaus were competing. in
 purchases and driving prices slyward.
 Referring 10 the proposal for a new treasury certificate issue. tho senator declared it was time the people inquired , into the administrations methods of fl nancing If the nation was to be saved
 from serious consequences.
 It is obvious" he continued. ''thai 5 when the government of the Cnites r States offers 3-4 and per cent fol ' money the effect is 10 drive higher ant - higher the inter est rates on industria
 and business loans and thereby 10 in
 crease the cost Of doIlfg bus.pess ans
 consequently the. cost of living.
 Industrial reports fro none end o, the country 10 the other indicate fan
 ing off in business, a strinEency in thu
 money market. These conditions ar, due either directly or indirectly 10 th, gigantic failure of the democratic ad , ministration 10 function as> bushes , organisation. It has drawn the yer, ' life-blood from the> channels of bushes
 10 keep itself aliye-a process which i . continued will inevitably produce a col 2 lapse of our industrial system" 7 The republican budget bill. said th 2 nominee would have co5ordinated th.
 expenditures of the various federal de
 parmtents and bureaus and would hav = made 1t necessary for the president L : call his cabinet members into confer d ence. agree on a financial policy. an . then adhere 10 that policy. Presidea
 Wilson's veto of the bin in the closin
 days Of the session. he said. -did not re z late to it's great constructive feature :. but to small detail of partisan poll c ties" and efforts 10 repass the meas s ure failed because Of "a fflibuster con
 ducted by three depocratic senator's
 President Tafts. creation Of an ef l. ciency commission was laudcs by th 5 candidate who said that had the de-nc s cratic administration carried forwar 'f the worR begun In that direction by Nj !. Taft. such emb7rrassment In war {
 nances and in reconstruction miri '- have been avoided.
 Economy. economy and stil agai Q economy, must be the watchwo-d of tf l- hour" said Senator Harding. T spend more than is received in the lon
 run is as fatal to government as 1t
 to an individual. There are those vii l. Insist that QUE government is so stror
 financially that it cannot be wrecaxe This is not true but the way is ooen = us to give 1t that strength. Il Is for |
 who are called to service to' follow tn, .e road and for my part I promise to poir r. the way. s'.
 IS cox wRATHY- BECAUSE
 r.