Evening journal., 1920-07-27
i ,,fERLCA TO MEET EVERYDLT7Y
IN WORLD PEACE, COOLIDGE SAYS

orrsnized and demOralized. On their |
service depends agriculture and in
dustry-the entire public welfare.
They must be provided with credit
and capital and given The power to
serve. This can only be done by
removing them from speculation, re
storing their prosperity by Increased
revenues where necessary, thereby re-
establishing them In the confidence
of the investing public. Their en-
Moves must he compensated In ac-
c0rqiance with the great importance
OF the service they render. The wnole
railroad operation must be restored TO
publc confidence by public support.
"Thcre must be a different public
attitude toward indusTy, a larger
comprehension Of the interdependence
of capital. management and labor.
and better facilities for the prompt
and reasonable adjustment Of in
dustrial disputes. 10 is well to re-
member. too, that high prices produce
their own remedy under the law OF
supply and demand. Already in the
great leather and wOOlen industries
there is a recession In the basic ele-
mcnts which must soon be reflected
In reiau priocs When buying stops
prices come down
This condition has borne with es-
necial severity on the agricultural
! interests of the nation. To cope with
! II the farmers need an enlarged power
| OF organization whereby the original
producer may profit TO a larger degree
! by the hHgh prices paid for his pro-
duce by the ultimate consumer, and
II at the same time decrease the cost
OF food The economic strength OF
a country rests on The farm. Indus
trial activity is dependent upon 1t. 1t
replenishes the entire life OF the ma
ton. Agriculture is entitled to be
suitably rewarded and on its encour-
agement and success Will depend the
production OF a food supply large
enough TO meet the public needs at
reasonable cost.
But an these difncultles depend for
final solution on the character and
moral force Of the nation. Unless
these forces abound and manifest
Z themselves In work done there Is nc
real remedy.
There has been a great deal OF
mlsconceptlOn as 10 what was won by
the victory in France. That victory
viii not be found 10 be a substitute
b. for further human effort aud ~
de0vOr. 10 did not create magic re-
] sources out OF which wages could b,
I paid That were not earned. or profit,
81 be made without corresponding ser
p vice, 10 did not overcome any natura
! law, 10 did conquer an artincla
ihralldom sought 20 be imposed OF
4 mankind and establish for all thl
= earth a new freedom and large
e liberty. But That does not. cannot
mean less responsibility It mean
E more responsibility and until th
b people OF this nation understand an.
accept this increased responsibilit,
and meet 10 with increased efIor
+. there VIII be no relief from the pres
eni economic burdens
] I'm an things a return TO a peac
basis does not mean the basis q
{ 1914 That day Is gone. Il means
peace basis OF the present higher
p noblcr, because OF the sacrifices mad
. ana ihe duties assumed. 10 Is no
sIa relreaL 1t Is a new summons d
n Al, diminishing resources warn us q
!. uhe necessity of conservation M
y public domain is the propertv of IN
i public. 10 is held in trust FOR pre,
y ent and future generations. The ma
tenlai resources OF our country an
gNat, very Sreat. but they are nc
q go fNtt'A''tlhiN AutN are lDrUmln
u more and more valuable and mor
7 ana more necessary 10 the public Mel
! iare. 10 Is not wise either DO with
mold water power, reservoir sites an
c mineral deposits from deyelOpmen
: or deny a reasonable profit 20 sue
n operations. But these natural nd
i- sOuroes are not 10 be turned over I
b, speculation 10 The detriment OF On
Y public. Such a policy would soon nj
y move hese resources from publ
y control and the result would be On.
y soon the people would be paving trl
ute 10 private greed. Conservatio
+ does not desire TO retard devclOpmen
+ 10 permits 10 and encourages 10.
d Is a desire honestly 20 administer ti
r public domain. Tle time has passC
n WHOM public franchises and publ
F. grants can be used for private spe,
n ulation.
y Whenever In the future this II,
tion undertakes 90 assess It's strengt
,- and resources. the largest item wi
ID be the roll OF those who served d.
B. IN every patriotic capacity In q
- world war. There are those who boz
1t the civil tasks OF that great unde
T. taking. often at heavy sacrifices, a
lt ways with the dlsinterested desire
1T serve their country. There are thoi
81 who wore The uniform. The prescn,