Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-07-02
afraid or doing a single act to bring
the Iattar 1..ithin limitationa

the latter within limitations.
The simple truth is that the high cost
Of living can only be remedied by in
creased production, strict governmental
economy and a relentless pursuit of those
who take advantage of postwar condi-
lions and are demanding and receiving
outrageous profits.
We pledge the democratic party u
policy Of strict economy in government
expenditures and to the enactment and
enforcement of such legislation as may
be required to bring profiteers before the
bar of justice.
THE TARIFF.
We reaffirm the traditional policy Of
the democratic party in favor of a tariff
for revenue only and confirm the policy
of basing tariff revisions upon the In
telligent research Of non-partisan com
mission, rather than upon the demands
of the selfish interests, temporarily held
in allegiance.
BUDGET.
In the interest Of economy and good
administration, we favor the creation OF
an effective budget system that will
function in accord with the principles OF
the constitution. The reform should
reach both the executive and Legislative
aspects Of the question. The super
| vision and preparation OF the budget
| should be vested in the secretary OF the
! treasury as the representative Of the
| president. The budget, Is such, should
/ by a two-thirds vote, each house, how
| ever, being free to exercise its constitu-
| tional privilege of making appropriations
| through Independent bills. The appro-
| prIation bill should be considered by a
| single committee of the house and the
| senate. The audit system should be con-
solidated and its powers expanded so
/ as to pass upon the wisdom OF, as well
as the authority for, expenditures.
A budget bill was passed In the closing
days of the second session Of the Sixty
sixth congress, which, invalidated by
plain unconstitutional defects and defaced
| by considerat ton of patronage, the presi-
dent was obliged to veto. The house
amended the bill to meet the executive
objection. We condemn the republican
senate for adjourning without passing
the amended measure, when w devoting
an hour or two more to this Urgent pub
lis business a budget system would have
been provided.
SENATE RULES.
We favor such alteration of the
rules of procedure of the senate of
the United States will permit the
prompt transaction of the nations
Legislative business.
AGRICULTURAL INTERESTS.
To the great agricultural interests OF
the country the democratic party does
not find it necessary to make promises.
1t already Is rich IN Its record OF things
actually accomplished. For nearly half
century Of republican rule not a SEN
tence was written into the federal stat
utes anOrding one doller OF bank credits
to the farming interests OF America In
the first term Of this democratic admin
istrati0n the national bank act was so
altered as to authorize loans Of i've years
maturity on improve farm lands. Later
was established a system OF farm loan
banks from which the borrowing al
ready exceeds three hundred millions OF
dollars and under which the interest
rate to farmers has been so materially
reduced as to drive out OF business the
farm loan sharks who formerly sub
sisted by extOrtion upon the great ag-
ricultural Interests Of the country.
Thus 1t was a democratic congress In
The administration Of a democratic pres
ident watch entabled the farmers Of
America for the first time TO obtain
credit upon reasonable terms and in
sured their opportunity for future de-
Veiopment OF the nations agricultural
resources Tied up in supreme court
proceedings, IN a suit by hostile inter
ests, the federal farm loan system, orig
inally opposed by the republican can
didate for the presidency, appealed in
vain to a republican congress for ade-
quate financial assistance TO tide over
the interim between the beginning and
tho ending of the current year awaiting
a maj decision OF the highest court on
The validity OF the contested act. We
pledge prompt and consistent support of
sound and effective measures 10 sustain.
amplfy and perfect the rural credits
statutes and thus TO check and reduce
the growth and course OF farm ten
ancy.
Not only did the democratic party put
into eject great farm loan system Of
land mortgage banks, but il passed the
smith Lever agricultural extension act
carrying to every farmer IN every section
or the country, through the medium Of
trained experts and by demonstration
farms, the practical knowledge acquired
by the federal agricultural department
In all things relating to agriculture.
horticulture and animal life; II estab,
hshed the bureau OF markets, the bureau
or IA nm management and passed the cot
ton futures act, the grain grades bin.
the cooperative farm administration act
and the federal warehouse act
The democratic party has vastly i'm
proved the rural mail system and has
buLt up the parcels post system to such
an extent as to render its activltfes
and its practical service indispensaSlo
70 the farming community. II was this
wise encouragement and the effective
concern Of the democratic party for the
farmers of the United States that en-
abIed this great interest 10 render suoh
OF America and the allied nations of the
war and encouraging starving popula-
lions since armistice day.
Meanwhile, the republican leaders at
~ e'9tAAAiE = tpl nave lialAeQ utterly TO pro
pose one single measure to make rurai
NE, more tolerable. They have signal
/ ized their fifteen months Of congress
Siona 7l power by urging schemes which
would strip the farms Of labor; by
assailing the principles Of the farm Ioan
system and seeking to impair its Of
hcienoy by oovertly attempting TO de.
stroy the great nitrogen plant al Muscle
Shoals upon which the government ha
expended S3o;oO0000 to supply American
farmers with fertilizer at ressonahIs
cost; by ruthlessly Gripping nearly ev-
cry branch Of agriculture endeavor. Mt
orally gripping the productive mediums
through which the people must be fed
we favor such legislation rs will con-
( nrn to the primary producers of the
hatlon the right of collective bargaining
ana the right Of cooperative handling
ana marketing Of the products of the
workshop and the farm and such Icgis
ldtion as viii facilitate the expectation
Of our farm products
We favor comprehensive studies of
farm production costs and the uncen.
sored publication of facts found in such
studies - 9''-"
LABOR AND INDUSTRY.
The democratic party now, as ever. is
the nrm friend of honest labor and the
promoter OF progressive industry. 1t es-
ttabished the department of labor at
Washington and democratic president
called to his official council board the
nrss practical working man who ever
held cabinet portfolio. Under this adj.
mlnistration have been established en-
ployment bureaus to bring the man and
the job together; have been pearea hIv
determined many bitter disputes between
capital and labor; were passed the child
laoor act, the workingman's compenss-
. ton act (the extension of which we adj
vocate so as to include workers engaged
In loading and unloading ships and in
terstate c0mmerce). the eight hour law