The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-12-06
j. 5. HAS
OBLIGATION
TO WORI
President Stresses Contrib i
ton That American People
EluSt Make
BY j. RAET cA,rFRErI.

BI J. BAfti "a &Ifs Il ff4
tsTAFF CORRESPONDENT I. N. sERWcEI
WASHINGTON, Dec. 6.-Srs
the great and far reaching contribl-
ton which the Amegican people mus,
be prepared TO make toward the
economic and financial rehabilitation
Of a world stin staggering under the
disordered conditions bequeathed BY
war. President Harding voiced
solemn warning today in the message
no delivered in person to congress
that mo permanent reaeiustnent can
be effected without consideration Of
our inescapable relationship to world
affairs In finance and trade"
UNWORTHY or TRADITION.
I'VE should be unworthy OF our best
traditions If We were unmsudful q
social. moral and political conditions
which are not ot direct concern to us,
but which do appeal to the human
syrnpathies and the very becoming in-
terest OF a people blest with our ma
tiona1 sympathies." the president said.
The president emphasized that 'jn
the main the contribution Of this re-
public to restore normally Ii the
world come through the initiative OF
the executive branch of the govern
nlent but the best Intentions and most
carefully considered purposes vou'd
fail utterly II the sanction and oAe
cooperation OF Congress were not
cheerfully accorded.
HIGH SPOTS or MESSAGE
The high spots of the presidents
message were:
L. Tho Imperative need Of elastic
and flexible tariff legislation which
would enable the president through
the federal tariff commission 70 meet
effectively the changing trade ard IA
dust-ial conditions, not only IN this
country, but abroad.
z. The urgent necessity ot a "gcn-
eral policy CT transportation OF dts
tributed industry. and OF highway con-
struction to encourage the spread II
our population and to restore me
proper balance between city ana conn
try"
FURTHER REVISION NEEDED.
3. The strong desire Of the admins
tratfon for further revenue revision
and renewed consideration az our tax
program despite the inevitable ali
vergence Of opinion in eeeI7ing The re-
duction, anelioration and reaa4ast-
ment OF the burdens Of taxation"
4. The expressed opposition II tta
administration to the abrogacson -
certain commercial treaties proposes.
by the Jones Merchant Marine Act "a
the grounds that to denounoe fIem
would involve us in 4 chaos Of trade
relationships and add indescrlbse31g .o
the confusion OF the airaacy disora-
cred commercial world
5. The expansion Of the Anlerfcars
Merchant Marine under an s-dn8ir1s,ra.
ton plan 70 be later submitted to cor-
gress which. while conteynplat .ao
greater draft on the pubic troasurv~
than is provided by the Jones act
will appeal 20 the pride ard encouc-
Rge the hope os ali the American poo
ple'' IN American shipping dying tas
American nag
ENCOURAGE ACRTcTFsTTRza
6. Early enactment Of the foreion,
de6t-funding bill that the adlainlstra-
tion may be cloaked with an0Ia r4
thorlty to deal with the 81 GOO zoe SO
foreign Indebtedness to the United
states, which is now denied it ana
which is hinder!ns reedtus trrerta
among our debtors and ecconp ishiag
nothing for ourselves"
Z. Systematic encouragement ~
agriculture by the development of
adequate distribution ard marietfng
facilities for agricultural products
and the adoption Of "co-operativ
marketing programs for that purpose
8. The early termination OF great
volume of uneconomic and wastefut
transportation and a revision of "the
existing scheme of adjusting freieat
rates" with adequate legislation to
meet the serious railroad problems so
vitaiy affecting the welfare Of the
American people
Q. Recommended a coner- ssforal
appropriation TO purchase food for the
starving Russians
10. Suggested the advasabiIisy ot
constitutional amendment to pro
hibit the issuance Of ta1-fres securt-
ties.
II. Declared both corporations snl
aibor unions should be regulated and
supervised in the interests II pubfc
welfare and suggested quas judicial
tribunals TO settle labor disputes.