Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-08-19
j. s. SAFETY bound
UP |N.LEAGUE As
FORCE, SAYS COX
Declare Financial Readiust.
ment Depends on Making
Pact Workable.
By the Associated. Press.

SOUTH BEND. Ind, August 19.-
National and international financial
and economic readjustment. as well
as the high cost of living, are bound
up in the success of the league of
nations. Gov. Cox. democratic presi-
Dental candidate. declared here to-
day. in addressing large public
gathering.
Our safety, our economic reajust-
volved in America's making the
league a world force, Gov Cex as
serted. charging the republican ~sen-
ate oligarchy" with responsibility for
delay in economic progress and be-
lated reduction of living costs. The
democratic candidate came here to-
day from Columbus. via Chicago. and
will speak tonight at the Indiana
democratic editors banquet.
Tile position of the democracy is
definite and affirmative" said Gov.
Cox. charging the reactionary re-
sive. ambiguous and hypocritical."
Pledge Is to Enter League.
with the least possible delay after
March 4. 1921. our pledge is to enter
the league, making such additions as
are reassuring and helpful" he con-
tinued. This will legally end the
war: 1t will help to re-establish cred
its. A call will be made upon our
mineral wealth and our productive
every sea: the supply of life's essen
tials will be equal to the demand;
living costs will be reduced. What
we would otherwise be spending for
guns and powder and ships will be
applied to our war debt, and above
oil ho h in no
sciorsness that war is practically i'm
possible.
-.he opposition offers. at the very
best. a prolonged delay. What project
it has as a substitute for the league
of nations no one knows. or. at least,
no one has every attempted to de-
scribe it or to name it.
"The question of the league of ma
tions, therefore. becomes increasing
ly the issue in this campaign, for the
very reason that it involves our
safety. our economic readjustment
ing; the smoke screen of hypocrisy
thrown out by the senatorial oil
garchy has been pierced, and every
day between now and November Will
witness the gradual retreat OF the
forces of reaction. The tide of moral
There isn't enough money in the
world to stop it, and the result, which
1 confidently predict, will not only
be a great help to the impaired
agencies of mankind, but it will carry
lesson that political leaders. present
and future. will have little trouole IN
understanding"
Reiterntes Reaction Charge.
Reiterating his charge of "reac-
ton" against the republican leaders.
Gov. Cox added:
"If they should follow their own
steps backward-and they are so used
to moving in that direction that they
would not need compass.they
against which they inveigh is of
their own creation. They discuss the
high cost of living without appar-
emily realizing that in large meas
ure they are responsible for the be-
lated settling down of conditions
which have continued the high living
costs. The demand for foodstuffs
has exceeded the supply. Europe has
been compelled to buy because she
is not producing. and production IN
America has not moved back into it's
are disjointed, not only here, but
everywhere.
"If the league of nations had been
ratified months ago. exchange would
have been stabilized. Europe could
have started its work of rehabilitation;
It's COuhti "ooiu Hok nave HuddC "a
drain upon our food supplies. In fact.
Europe would be buying the things
which we can spare. The result of
this would be self-evident. War taxes.
which should have been modified or
repealed when the war was over. were
not touched. and the republican
oligarchy in the Senate is directly re-
sponsible."
Senator Penrose of Pennsylvania.
Gov. Cox declared. was instrumental
in preventing reduction of war taxes
ION the theory that the people would
blame the executive rather than the
congressional administration" for fail
ure to abolish burdensome taxation.
Much of the national debt of all
countries. Gov. Cox said, was caused
by the race in armament, adding:
"If the world does not proceed to
arm itself to the teeth, If the cost of
armament is diverted to the payment
of interest and sinking fund on the
bonded debt, when there is more than
a hope that civilization can work its
wxy out to a sound footing financially
and economically. II this is not done.
then. no one knows what will happen"