The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-04-12

oar nart IN reaalueincnt md restor-
ation ennnoi BE- isnorcd ~ MUS ~
aonnfd
wan tbs super-govcrr'n nj league
ftfInnfIy rcIecied and WITH n world
- infarmrd. and with The Status 81
pcace proclalmed 81 home. We may
proved % negotiate the c~ovenanted
rrlHfinns1lp 70 eHeen3lal 20 the recof-
nIiI0n Of the rights eVtfywhcre of our
own nation ~ play our full part
IN Ioiuipg the pecuica 81 the wurld
~ ne pufeuita OF peace onre mofn,
Our e~hlientiona IN snectlng Euro
ptan tranquility. because OF wars In
voIVmcuta are not lees lmpelllnE thau
our part IN the war llsalf. This ~
enration nauIs ~ rrouehf befofe
tAe human procession m cnwrtrd
aIain. We cen b. helpful because
We arc moved BY no hafreds and har
Dor no fears HclpfulneEs does not
mean entannlemenh and participa-
uon m cconomlc adjustments doe
not mean aponsorahip for trcrU COM
ailments which DO not concern us
ana IN which Nc WIN have 10 part
~ln an nii-impeiliuN wish 60 DO b
muNl and hest for our own republic
and maintain its hiah place among
nations and a. the umr time mike
The fullest offering Of justice 10 them.
4 shall invite IN n most practical
way the advice Of the senate. after
ao~QuainfinE "a with al tho conditions
n ~ met and obligations 10 he dis
charged. along with our rights "a be
/ aaftEiarded. prudenca IN making
the program and confident coopcra-
ton In makine Il effective cannot
lead Us far astray. We can render
no effective service TO humanity until
We prove anew our oNn capacity Tor
cooperation In tho coordination OF
bowers contemplated In the consti-
tuition and no covenants which ignore
our associations In the war can be
made for the future. More. no helpful
sOcioiy OF nationz can be founded on
Justice and committed 20 a until
the reesfablinhing peace
are sailed by tkF nations Which we're
a. var To such accomplishment
10 the complete rcestahlirhment ~
peace aud NJ contracted relationship.
10 the Relationship or BUR aspirations.
for nations. associated FOR world help
mlness wlthoua world government.
We shall address ourselves. fully
mindful OF the hiFh privilege and
paramount duty OF he Unltco states
IN this critical period Of the world
Domestic Problems
The president reserved his discus
sian Of forelgn relations for tho con-
| cludinE portion OF hia address
Ne took up fIrat the restriction Of
~uniinnal expenditures 10 d limits Of
national income which he said must
BE- considered In connection with
m~sasugably lifting theb urdena %
war taxation. By strlking rosoiuteiy
al expenditure. be said. a solution
would be fastened and ne warned
congress- that to continue a course of
Unlimited expenditure would moan
inevitable diaaster." Economy In
sssnrnmenr, ne said. would ind is
reflex I'm economy and thrift anong
the people themselves.
Discussing read1ustmcnf OF taxation
President Harding said hat the c0un-
ny could not expect and would not
approve a shifting Of tax burdens. but
was more Interested In 'wiping out
tho necessity for imposing them"
The government. he said. was com
mitted 10 the repeal Of the oxcess
profits tax and 10 abolish the "insqui-
tias and uniustlfiable corporations
In he present tax system. Current
government expenditure wore now
running at the rute or 5000 900. 900
per nnu he said hut added that
n would not be safe 10 prune receipts
from Internal below $4,000. 0OO.-
zoe for the fiscal years n ls2e-s3
Fos Tariff Protection
Discussing tariff revision. Tho brefi-
dent rcaffirmcd his belief In the pro-
II MNNNNWn VI aLAAAIAALNN ANNAI|NNLH
IA IL orr purpose" said he. TO
prosper America first. Tho privileges
81 the American market 90 tho for
eign producers are offered too cheap
IS today aud tia effect Of much Of our
own productivity n h destruction 81
aur self reliance which IL tho foundn-
tion of the Independence aud good
should pay their fair share 81 our
cot 81 Government Agriculture. tho
president said was menaeod with
prices az pro-war normals and being
further endangered by high cosf Of
transportation from farm TO market
through the influx % foreign farm
producta."
while he urged emergency tariff
revision Immediately. he spoke Of
permanent revision later and said.
The mature revialon Of our TAR
m laws should be based on the policy
u protection on resisting that elnsh
ness hich turns % greed bat ever con-
csrned with that productivity al HON
which h tho source Of all abiding
good fortune
Drfiation. tho president told ron
gfess might well receivs Us atten-
uoft while reduced o in basic
production had been recorded. dsfln-
uon had failed to reach the marx
where Il could be proclaimed TO tho
great mass o. consumes This great
great mass 81 consumers" Congress.
be- said might help speed price re-
adjustments BY suitable Inquiry.
DISCUSSING the railroad question.
Prcrident iiarding said their would
BE- an "avOwed foundation on which
20 rebuild II ID could b. understood
that 'congress has no sanction for
government ownership and docs
not levy y upon the people to GOV
o. deflcltH In a service which should
D. SELF sustaining"
Hallway rates and costs o. opera
! thpn. he aid. must be reduced hui
ncight rates had mounted until
commerce Is halted and production
discouraged"
Wouid Develop Roadz.
Development OF good roads and
inland waterways. tho president said.
were collateral subjects with the
transportation question and besides
endorsing federal add 20 highways h.
urged ~conEress % formulate u con-
aisient program.
Discussing tho merchant marine.
the president declared fof "a great
enc n told onFru that if present
laws gave advantage 20 competitors
Of American merchant marine the
rulrit ~ American fair play will as
arff Itself 10 rive American carriers