Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-06-11

M< 7 INV
been enacted by the republican congress.
We passed an oil leasing and water
power bill to unlock for the public good
the great pent-up resources of the coun-
try we have sought to check the
profgacy Of the administration, TO
realize upon the assets Of the government
and to husband the revenues derived
from taxation. The republicans in con-
gress have been responsible for cuts in
the estimates for government expendi-
ture Of nearly $1,000. 100000, since the
signing Of the armistice.
We enacted a national executive budget
law; we strengthened the federal reserve
act to permit banks to lend needed assist
ancs TO farmers; we authorized financial
interpretations to develop export trade
and finally amended the rules Of the
senate and house, which will reform evils
in procedure and guarantee more efficient
and responsible government
AGRICULTURE.
The farmer is the backbone Of the ma
ton. National greatness and economic
independence demand a population dis
triDuted between industry and the farm,
and sharing on equal terms the pros
perity which is wholly dependent on the
efforts of both. Neither can prosper at
the expense of the other without inviting
Joint disaster
The crux Of the present agricultural
condition lies in prices, labor and credit
The republican party believes that
this condition can be improved by prac-
teal and adequate farm representation
in the appointment Of governmental
officials and commission: the right to
/ @Svp cooperative associations for mar
ketIng their products. and protection
against discrimination; the scientific
study OF agricultural prices and farm
production costs at home and abroad.
with a view TO reducing the frequency OF
abnormal 1uctuation; the uncensored
publication Of such reports; the sgthori-
cation of associations for the exte--Ston
Of personal credit; a national inquaS
on the coordination Of rail, water and
motor transportation with adequate IA
cilities for receiving. handling and mar
kettng food; the encouragement Of our
export trade; an end TO unnecessary
price fixing and iu-consiGered efforts
arbitrarily to reduce prices OF farm
products which invariably result 10 the
disadvantage both of producer and con
sumer. and the encoura cement OF the
production and imperative need Of fer
tilizing material and Of its extensive use
The federal farm loan act should be so
administered TO facilitate the scquisi-
tion Of farm land by those desiring to
become owners and proprietors and thus
minimize the evils OF farm tenantry and
10 furnish such long time credits as
farmers may need TO finance adequately
their larger and longtime production
operations.
INDUSTRIAL RELATIONS.
There are two different conceptions OF
the relations Of capital and labor. The
one IA cOntractual and emphasizes the
diver a. Of interests Of employer and
emp - The other is that of co-part-
nersh-r In q common task.
We recognize the justice OF collective
bargaining as a means Of promoting
good will. esta blishing closer and more
harmonious relations between employer
and employees and realizing the true end
Of industrial justice.
The strike or the lockout, as a means
Of settling industrial disputes. inficts
such loss, and suffering on the com
munity as to justify government initia-
tive to reduce It's frequency and limit
its conseq uences-
We deny the right to strike against
terests Of all government employees must
be safeguarded by impartial laws and
tFibunity.
In public utilities we favor the estab-
lishment Of an impartial tribunal to
make an investigation Of the facts and
to render a decision to the end that
there may be no organized interruption
Of service to the lives and health and
welfare Of the people. The decisions Of
the tribunals to be morally, but not
legally binding, and an informed pub
lie sentiment be relied on to secure their
acceptance. The tribunal, however
should refuse to accept Jurisdiction ex-
cept for the purpose Of Investigation, as
long as the public service be interrupted
For public utilities we favor the type
Of tribunal provided for In the trans
portation act Of 1920.
In private industries we do not advo-
cate the principle of compulsory arbi-
tration, but we favor impartial commits
sion and better facilities for voluntary
mediation, Cancellation and arbitration
supplemented by that full publicity
which viii enlist the influence Of an
aroused public opinion. The government
should take the initiative in inviting the
establishment Of tribunals or commits
sions for the purpose Of voluntary arbi-
tration and investigation Of this issue.
We demand the exclusion from inter
state commerce Of the products Of con-
Wet labor.
4 NATIONAL ECONOMY
A republican congress reduced the es-
Inmates submitted by the administration
for the fiscal year 1920 almost $1,000
100000 and for the fiscal year 1921 over
81, 25O, 900, 600. Greater economy could
have been effected had it not been for
the stubborn refusal of the administra-
don to cooperate with congress in an
economy program. The universal de-
mand for an executive budget is a recog-
milton of the incontrovertible fact that
leadership and sincere assistance on the
part Of the executive departments are es-
seutial to effective economy and construc-
tive retrenchment-
The Overman act invested the presi-