New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1921-08-26
ACCEPTANCE SPEECH OF
SENATOR HOLM o. BURSUM
REPUBLICAN CONVENTION

uItSS ny otlldlOT IlOlll ". DuTSu1H
before the republican state conven-
ton in Santa Fe on Thursday, Aug.
l8, accepting the republican party's
unanimous nomination as the candi-
date for United States senator.
Mr.. Chairman, Fellow Citizens. |
appreciate more than words can ex-
press this evidence OF your confid-
ence. | accept the nomination Zap
plause). 1t shall be my purpose to
lend every endeavor within my pow
er to carry the party to victory, with
your aid, in the coming election. Zap
p~lause).
| had the pleasure, on the 18th
day of March of this year, OF ad-
dressing my fellow citizens in this
hall in acceptance of a temporary
appointment given by Governor Me
chem and on that occasion | pledged
you to render the best service Of
which | was capable toward secur-
ing such legislation as would pro-
mote the welfare of the state of New
Mexico. | have served four months.
| have tried to do my duty. | have
always had in mind the state of
New Mexico, its citizens (applause),
its welfare and its upbuilding, hoping
that before many years, with the CO.
operation of the enlightened and pro-
gressiVe citizenship of this state and
such service as may be rendered al
the national capital, we would witness
a development in keeping with the
wonderful that Providence
has seen fit to lay in store here with
in the boundaries of New Mexico.
(applause).
The Harding Administration
My fellow citizens, | want to say
TO you just one word about the presi-
dent Of this nation. | want to say to
you that you have in the person of
Warren G. Harding (applause) a man
of great capacity and of large soul,
outpouring' with sympathy towards
humanity. Believing in the things
that make for human progress, he
is now planning to bring about what
the world has been striving for for
centuries-uniyersa peace, and to do
away with the great armies and the
great ornaments which have burd-
ened the principal nations of the
world almost beyond endurance.
During the last war this country {
expended in the neighborhood of
thirty million dollars for military pur-
poses. President Harding is posses
,ed of broad vision, as well as good
Judgment, He recognized the psy- {
biology of the situation. He invit-
I'd the nations of Great Britain, S
Italy and Japan to a confer {
,nce for the purpose of doing away $
with the competitive ornaments of !
he nations of the world. | say to l
,ou that the administration of Hard |
ng will make an epoch in history !
hat will live for all time. v
1t is my belief, and is it the gem t
raj belief of men who are posted as /
the situation, that the peace meet 1
ng at Washington to discuss dis
rmament will bear such fruit that
.ou will never be called upon to pay il
he taxes necessary to provide the j
appropriations of the pres a
mt congress for the building of naval v
efences, (%applause). b
Inc NeCOnStruCtiOn Program ,
President Harding has a very keer b
conception of the necessities of the S
oppressed conditions existing through c.
NJ the nation, and especially the de- e
ioralized condition of the markets d
With reference to agricultural pro- I
ucts. including livestock and other d
|sscutial commodities. He under p
lands the necessity Of providing a C
Drcign market for our surplus pro- Il
To that end the most gigan- II
9 lciicf measure of its kind ever G
by any nation has been pass fc
/ by the senate at the personal re- 1
icst OF President Harding. This dill Ell
expected to pass the house within m
very few days and | predict it will
: Don functioning. 1t is known as s;
,c Agricultural Relief bill, providing NJ
nances to be distributed by the War
nance corporation. Under this bill 81
ie War Finance corporation has an az
capital of $50O.0O0000. 1t L,
authorized to issue bonds to the IL
tent OF $2.00.000,0O0 They are m
IT government bonds, but they are fu
adc eligible with the Federal Re fl
rve. The Federal Reserve is au- tn
orized 10 issue currency and to take in
csc bonds as collateral security I'M ed
such time as they may be sold m
the public. Therefore, the total tn
.ailable capital is $2,500,000,000. m;
Aid For Producers of
The object of this bill is to aid the II;
rmcr, to aid the producer of live
ock, of cattle and OF sheep, to aid
cotton grower, so that their COM III,
may be marketed in an or ne
rly manner, SO that they shall not lee
liquidated under forced circum- in,
and under conditions which liz
e unfavorable to the producer. in,
This bill will help to preserve the Of
eat livestock industry so vital to tul
E nation and its prosperity, so es- inc
ltial to industrial activity through III,
I the country. fry
A distinguished democrat at one oh
Ne made a very true statement abb
at if you destroy the farms, the ca,
riculture of the country, grass will lie
DIV in your cities. That is true, tal
e industries of the country can hi
live without u agricultural re- ba,
Irces, without its activities, neither VET
/ agriculture get along without the pla
rkets which are furnished by the 7
centers. There never was en-
all history, such a gigantic task di,
that which now confronts the on
in bringing back conditions arm
normal. This problem not only bei
SITS. here, but 1T exists throughout tina
world. 1t is fortunate that the Ger
at wealth of the nation makes this gus
Intry the trustee, | might say, to reg