Norwich bulletin., 1920-03-03

powers es far and as fast as sanity and safety would warrant Certainly. | peace. by every means except war
 would be it's guiding star, and wars
 could be had whenever they were
 wanted by the people who mus.
 wage them, If we do nothing-if We . reject the League, the wcrId will neY- 1 CT know nor be able to Identify the ] truly wise and great men in this body. i
 or elsewhere, The controversy will |
 continue. and 1t will have 8 nuisance 1
 value of ever-increasing proportions. | Every misfortune and discomfort | from the untimely frost, down to, and | including the high price of sugar and 1
 shoes. vii be attributed to the fact 1
 that we do not possess a League of NaGons-and this brings me to what
 consider to be the real items of
 consequence in this discussion. Not Going to Lose the Flag Mr. President: The American
 people want to do justice, love mercy
 and walk as humbly with their Gre will permit. The American people
 want the world to return to and do
 business at the old stand, plus every | thing new that is desirable. We are not going to lose the flag if we rsu- 1 fy this treaty with the Lodge reser- l vations. We are not going to war un- less we want to- We are not going ] to do anything we don't want to do. l On the other hand. we can do any 1 thing we want to do; we can agree ! to do anything the other members ot i the league want us to agree to that i will Invite peace and good will anaoEag the nat4oas cf the earth. We ! can all of us remember the terrible ] things that we were told would hap pen Ii we voted to give the president
 the extraordinary powers conferred 1 by the Oysrnaaa Act and the other
 so-called war measures of 1917 and 1 1918, We were told that in voting for them we were tearing the flag aud the constitution to tatters, and feeding our civil liberties to tho dogs 1 of war, never to be regalned, A ma 1 jortty of the senate, however, refused
 to be serrsaed. and did the sensible l thing.
 Debts. Taxes and pnees
 The three things that are Of para
 mount interest to us and all others just now are. debts. taxes and prices. the greatest of these is prices Noth- ing would bring greater harm to the i Industrial life Of the world than i sudden and radical reduction in prices l don't mean the exorb3tant
 and extortionate prices for the exac- i ton of which the responsible partsea cannot be too severely punished. but prices that are fairly compared to the
 cost of production under the presant
 standard of wages, Debts must be paid with goods measured in dollars.
 Cut the price of goods in two, and | you will double the hours of labor ! required to produce a dollars worth Il of goods. In other words, you will i double the already colossal total of debts incurred In the prosecution of the war. It will be justly cla!2ned that debts incurred at Dre-war Dr!cas can now oe paid with deprectased O. J0-cent dollars. principal and Interest, My answer to this Is that sudden reduction ot prices to the 1914 stan dard would so paralyze production that the payment Of principal or in- terest of any kind of debt with any kind of dollar, might be rendered very difficult for some time to come. Of course, prices. should stop r.s.4e. II and gradually seek lowe2 lcvel, I Those whose Incomes have ras@.4!.=2 3ei tied to the pre-war standard. hare :. g real grievance, and deserve ove:.. 7 consideration. l simply desire to c1s phasize the fact that all concerned ] creditors as well as debtors w!!l f4nd a neither comfort nor profit in 9 sudden >t1d IdG4CG4 4A-4 III pr4ceS ana Wtsg@S auee+ien of the Hour
 Tho question Of the hour for Us tQ E consider Is, will the league o. aat!one < 1 l. we join tt under conservative rescz \ v2GoS4a, put Gs ta q Desit+on where Ms k ehrll he tho better ah1a to help E3- Ej i rope i.a4n4aln her industrial and po- E !tlcdl sa1jty to taq eZ2d that Europe \ end America ta=. g3 t9 work and re- rrsal1 et Wo:k u43e@ . falr!y remua- N cTatiYo standard of wages and price. E uEtl the co1o$csl wa debts arS H Shorn of ao1s,a oi tlai9 existing ter rors. T1eHe Is vary little danger O. aZorheE lista<aatl>3.2:l wa ia de[eps, oi nllGt@l1Sga O. tha d!v,za right O
 kings. 1 cnce rsad somewhere. tha H for several c2at4r!ai aftar tho flood E aEAs were deemed to be the prime X economic necessity. Everybody tha could afford oas. had a ark of Ii oE-a, and tAa state provided ampl, s a1315lS aeco-----Iod2Iions for the poo;
 but, after -f-eny years. a1 ranem ber the story these ackS were aa man
 ufactnced into pump handles Wate E being more useful than boats h th K following the great war we should al
 arid regions Of ASia Minor.
 It is not strange that ia the yea s want to prevent it's recurrence, bu E when we look ct the real situation \ with cando- we can readily see tha 2 another international war Of the con B ventional type will be a phySca. mental and financial irnprohabiltty fo E many years to come. Internal an B domestic disturbances and convl E siolls are now the order of the day E and we should lose no time in ou E endeaTorS to minimize their intensit E and shorten their duration.
 K Ne Place for Sentiment.
 E We were g very happy people on th eleventh Of November. 191S We wer very proud Of ourselves and yer confident and courageous and yer grateful to cur own brave boys an those Of our associates whose subiizn
 2 courage carried our arms to victor, This is no place fer sentiment, bu
 B when sentiment, safety, and soun
 5 business principles unite to point th
 E way to dHty-why hesitate? A gres
 many Americans, in the hour of vic
 tory proclaimed that the cause {