Perth Amboy evening news., 1921-03-05

tariff as one of the cardinal principles of the
Republican party. The old time argument that
I'VE cannot while throwing our markets open
10 the world, maintain American standards of
living and opportunity and hold our industrial
eminence in such unequal competition is still
used Yet the President goes on to say that we
seek participation in the worlds exchanges be-
cause therein lies our way to widening influ-
ence and she triumphs of peace. I'VE know
fun WELL" he says, 1--WE cannot sell where we
do not buy and we cannot sell successfully
where we do not carry" But just how the
President proposes to have America participate
in the worlds exchanges and at the same time
erect tariff wall around this country so that
other countries cannot exchange with us he
does not explain. Foreigners cannot pay cash
for our goods because we already have practi-
cally all the available cash in the world. We
nave got to take their goods in exchange for
ours or we cannot do business outside our own
borders.
Then. too there is that enormous debt that
foreign countries owe to How does the
President expect that to be paid? Here again
that trte quotation from Mr. Lloyd George is
apropos
Every nation wants to protect its
industries" said Mr.. Lloyd George. Every
nation wants to collect its debts Germany
has not enough gold to pay the Allies The
Allies have not gold enough to pay Ameri-
ca. And everybody wants to be paid in
gold to find the answer to this situation
is not only the hardest reparation problem,
it is the hardest problem of the whole world
today"
President Harding surely is not going to solve
the problem by having high protective tariff
established on all imports. That debt has got to
be collected either in foreign goods or else we
have got to buy our full share of foreign goods
in order to give those countries the cash with
which to meet their obligations
"our supreme task is the resumption of our
onward normal way" the President says again.
Right, but how are going to go about it
Let us hope that the new administration will
be able to show the way.
Profiteers are scored heavily and an appeal is
made for Industrial peace. "our fundamental
law" the President says. recognizes no class
group or section. There must be none in legis-
latlon administration"
Perhaps one of the strongest points made by
the President is the desire to have less govern
ment in business and more business in govern
ment Truly a great deal can be accomplished
along this line. What with the innumerable
commissions, bureaus inspectors and what
the average business man is done nearly to
death with the government "butting in" To
do business it is necessary to keep one bookkeep-
er busy all the time making out reports. filing
statistics and furnishing information for years
back regarding ones private affairs that is
really none of the publics business. 1t is all
well enough to place safeguards to see that
the public is protected from the unscrupulous
and dishonest business man, but TO adjudGe
every man crook and to maintain expensive
government departments that are constantly
place in a great democracy that boasts Of its
freedom and liberty.
All through his speech President Harding
make an appeal for an understanding. benevo-
lence and charity one toward another. He
urges the putting aside of national prejudices,
the spirit Of revenge, hatred and covetousness.
His supreme desire seems to be to get back
into the beaten path forgetting much of the
horrors of the past as it is possible to do. This
seems to be the great aim and ambition of
.he Harding administration outlined in the
inaugural address. 1t is truly a worthy ambi-
tion, but one that will be extremely difficult to
carry out. The President is entitled to. and
should have the hearty cooperation of the
whole people however in the task he has set
before him.