The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1920-08-19

for each other. exchanging the re-
suits OF The efforts of hand and
brain wrought through the uncon.
sumed efforts OF yesterday. which
we call capital. all paying and being
paid by each other. serving and pc
ing served. To do otherwise is to
stand dlsgraced and alien to our
institutions"
In q white light he subscribef
his mind and his will to the supreme
laws OF nature.
THE most obvious place to begin
retrenchment is by eliminating the
extravaganza of the government It.
self The extravagant standards
bred Of recent years must be elm
mated. This should show immedi-
ately In reduced taxation. That great
breeder OF public and private extra
vagance. the excess profits tax.
should be revised anr recourse had
to customs taxes on imports, one Of
the most wholesome Of ALL means Of
raising revenue. for 1t is voluntary
In effect and taken consumption
rather than production. II should
be laid according to the needs Of a
creditor nation. for the protection OF
the public. with a purpose to render
us both economically and defensively
independent.
"a revision OF taxation must be
accompanied with reduction OF that
private extravaganza which the re-
turns from luxury taxes reveal as
surprising all comprehension.
Waving the moral effect the econ
omic effect OF such extravaganza is
to withdraw needed capital and la
Dor from essential industries, great
IL increasing the public distress and
unrest.
There has been profiteerlng. II
should be punished because It is
wrong. But 1t is idle to look to such
action for relief. This class profit
by scarcity. but they do not cause It.
"As everyone knows now. the diff
ficulty is caused by q scarcity of ma
terial, an abundance of money and
insufficient production. The gov
eminent must reduce the amount Of
money as fast as IL can without cur
failing necessary credits. Produc-
ton must be increased.
He cuts clean strokes at ignorance.
superstition and charlatanism.
There has been a great deal OF
misconception as to what was won
by the victory in France. The vic
tory will not be found to be q sub.
stitute for further human effort and
endeavor. II did not create magic
resources out of which wages could
be paid that were not earned or pro-
fits be made without corresponding
service. It did not overcome any
natural law. It did conquer an ar
tificial thraldom. sought to be -,
posed ON mankind and did establish
for all the earth new freedom and
q larger liberty. But that does net.
cannot mean. less responsibility. n
means more responsibility. and I'm
I'll the people Of this nation under
stand and accept this increased re
sponsibility and meet It with increas-
ed effort there will be no relief from
the present economic burdens"
And he speaks In honest modeaty
and teaches In candor when he do
clares.
I'VE shall search in vain in legs
lative halls. executive mansions an ;
the chambers Of the Judiciary for The
greatness Of the government Of our
country. We shall behold there due
reflection, not reality. successful
in proportion to its accuracy. In a
free republic great government is
the product of a great people. They
will look to themselves rather than
to government for success. The des-
ting. the greatness of America, lies
around tho hoortbotOpa TO Unfit ond