The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1920-08-07

Dayton, Ohio, Aug. 7.-(By unit-
ed Press. s.)-Governor James NJ
Cox today formally accepted the
Democratic nomination for the
and sharply acknovl-
edged the peace treaty as the Lead
ing issue of the forthcoming po-
litical war. "a
In a speech bristling with at
tacks, direct and sarcastic. he de-
Senator Hardings pro-
posals for effecting peace as dis
unworthy" "bung-
ling diplomacy" and ''unadultera-.
ted dishonesty"
The Harding promise for . "for-
NAL and effective peace SO quickly,
as a Republican congress can pass
its declaration for a Republican,
executive to sign" Cox declared.
means but one thing separates
peace with Germany"
Such a course the Democratic,
nominee viewed with abhorrence.i
seeing in it q withdrawal of good
faith pledged to the allies for the,
enforcement Of terms upon o1end-i
ing powers. On the issue OIL
league or no league Cox took ant
unequivocal position
Accepts League Challenge.
Senator Harding" he said. 1el
the Republican candidate for thel
presidency, proposes in plain words
that we remain out of 1t. Al thei
Democratic candidate. I favor go-l
ing in" y
But, while declaring "the frstI
duty of the new administration
clearly will be the ratification OIL
the treaty." Cox cautioned, thel
matter should be approached with |
out thought of the bitterness OF the
past" And. while admitting that
the claim that interpretations are
unnecessary might be true, Cox
nevertheless, took the position that
a basis for agreement must bel
reached and that interpretations
would be "reassuring to many OIL
our citizens who feel that In sign
ing the treaty there should be MOI
mental reservations not expressed
in plain words"
For Reservations.
}. AS interpretations on the league
covenant, Cox again suggested the
, two reservations which he outlined
shortly after his nomination. These
Iprovide for a declaration that the
United States serves notice 1t must
at all times act in strict harmony
with the terms and intent OF It's
constitution which cannot In any
way be altered by the treaty-mak-
ing power. "and that the funda-
mental purpose of the league is
the prevention Of war"
He showed plainly that his posi-
ton would be with those desiring
e to get the treaty ratified SO long y
)" the agreement for such ratification
did not injure the covenant
2 The greatest thought in TN
It governors speech obviously va
l. devoted to his treatment OF u
l. league issue.
d, Urges Repeal Of Taxes.
In uroblems of readtustment tn
candidate decared zone OF the firs
le things to be done is the repeal
a war taxes" He criticized the la'
I'd Republican congress for mot pas
IL ing a single law-to lift a load
war taxation that cannot be tole'
ated in time Of peace" He prom
to ised. il elected, a reduction totaiir
~ ,oora than 90 900 600. 900 annual
r. in federal taxes. -.
"Annoying consumption tax
now unjustified should be repea
n ed" he said. Incomes from wa
n made fortunes, those OF non-pr
ye ducers and those derived from
TO- dustries that exist by unfair pr
a. ilege" might be taxed as now. o
nd declared, but taxes on the earnin
IN OF laborers, salaried and profe
10 sional men, agricultural produce
-. No. and small tradesmen should
W. sharply modified"
y He suggested in place OF !
present graduated excess PROF.
:. 4ax a levy of from one to one q
IL, one-half per cent on the tot
br s,ness of every. gcfr" ""nre-''
~ In advocating q budget syste
Cox said that through it he cou
hold annual government expeni
na down to $4,000. 900, 900, including
'uS sinking fund and interest on I
war debt.
.x Cuts Profits and n. C. L.
m To meet high cost Of living prt
, lens, Cox recommended just pl
q portion between flair profits
as, business and fair prices to the q
on sumer." He emphasized the nee
- city for greater production and
this end warned that both la
- and the farmer must get a m
,na @ equitable share, the former thro
'I vetxer unaerstanding with cap
a aud the latter through assurance
profits equal to those In other
tivities. Coz supported the prt
pie OF collective bargaining, but
, ,nl. ded that Eve need definite
(Coafiuued a lagt yGGnt