The Denison review. [volume] (Denison, Iowa) 1867-current, 1920-10-20

He explained that this bill does no.
guarantee the railroads of this country
any fixed per cent on their investment
and if the roads lose money it come:
out of their own pockets. The bill
however, stated the speaker, does pro
vide that If the roads make six pei
cent or over that one-half of the
amount is turned into the government
treasury and the other half above six
per cent is put into sinking fund that
cannot be touched by the stockholders
but must be used for the improvement
| OF the roads. such as purchasing new
cars, locomotives and equipment. He
the roads up in shape and the loss that
would be inflicted should they he per-
mitted to run down. He called atten-
ton to the fact that the. governme mt
had induced farmers to plant wheat SO
that the world supply would not be
short during the closing years of the
late war and that it arranged for the
payment of large sum of money to
the wheat growers so that they would
feel safe in growing this grain and
thus help feed the world. He presented
Ia parallel between helping the wheat
growers and the helping Of the rail-
roads. g
In the matter of complaint that labor
had been treated unjustly in the new
law in that strikes were not be coun.
tenanced the speaker insisted that
strikes were always brutal and unsatis
factory and the greatest loss fell upon
the working classes. He explained
where the new law provided many safe.
guards looking toward the right adjust.
ment of labor troubles. ~
In the matter of the league of ma.
tons. which President WILSON, arrang.
ed for on his trip to Europe, the speak.
1,o h,o
back by the president in most scath.
ing manner. He insisted that Prcsi.
dent Wilson had no authority from
congress, United States senate, the
mothers and fathers of the young men
who would be called as soldiers and
sailors, to attach his name to a docu.
ment which pledged the United States
to defend the territorial integrity OF
the map of Europe as arranged by the
allies at. the close of the war. Months
ago 1t was stated on the floor of the
senate that in his address to the Rou-
and representatives of thel
portions of the Austrian empire which
had been carved out. the president said
that these countries had the right to
expect that the United States would
send its army and navy to assist them
If they were attacked. Recently when
the same thing was said by Senator
Spencer of Missouri, the president di-
rected his secretary, Mr.. Tumulty, to
make denial that he had said this,
out the chief executive himself has not
made such denial. The speaker insist |
I'd that it was absolutely wrong to
make an agreement Of any kind which
pound this country morally. or other
wise to assist countries in Europe who
we're morally and financially unsound.
European diplomacy was VIGOROUSLY
and system of double
,rossing is in vogue when any advant-
lge can be gained.
In concluding his address the speak
ny reviewed briefly the history OF this (
calling to mind. the Monroe
doctrine made over a hundred years
lgo, which has saved South American
from being prey for con-
(ueSt
The speech at Denison in the eve.
ling was well attended and listened to
With great interest.
NT,.c Con COrnalil1S wnS ShOupcr