The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-12-06
PRESIDENT SEES SUCCESS FOR ARMS CONFERENCE
Textof President Message Delivered to Congress

among ourselves apd among nations
has been expanded. excessivc. inflnt-
ed. abnormal and there is madncs-
In finance which no american policy
alone can cure. We are creditor
hntion, not by normal progresses. but
made ~ hy war. u Is not an un-
worthy selfiahness TO seek to save
ourselves when the processes OF that
salvation are not only not denied to
others, but commended 10 them. We
seek 10 undermine Tor others no in
dumry by which they subsist. we are
Obliged 10 permit the undermining Of
none Of our own which make for
employment and maintained uctiyi-
ties.
Every contemplation. q little mat
ters In which line one turns mncnl-
files tho difficulties Of tariff isgisiu-
tlon. but the necessity OF the revision
is magnifled with u. Doubtless we
are justified In seeking "a more flox-
iblc policy than we have provided
heretofore. 1 hope q way VIII he
found to make for fioNihiliiy and
elasticity ro that rates may be nd-
justed to meet unusual and changing
conditions which cannot be nccur-
atcly anticipated There are prob
lems incident to unfair practicles, and
to exchanges which madness in
money nave iliAtlt NlHARhN nnnuINADlNs
I know OF no manner In which TO
effect this flexibillty other than the
extension of the powers OF the tariff
commission. 20 thar u can adapt
itself To "a scientific aud wholly Just
administration OF thu law
WOULD HAVE PRESIDENT
PROCLAIM DUTIES
am not unmindful Of the consti-
tutionni difficulties These can be
fHFta D. -. ..Hl
executive who could proclaim nddi-
tlonal duties TO meet conditions. which
the congress may designate.
Al this point ! must diFnvow any
desire to enlarge the executives pow
ers or ndd to the responsibilities Of
the office. They are already too
large. y there were any other plan
/ would prefer q.
The grant OF authority to proclaim
would necessarily bring the tariff
commission new and enlarged nctivi-
| ties because no executive could dis
charge such a duty except upon the
| Information acquired and recon-
mended BY this commission. But the
plan is feasible and the proper func-
tiou!ng OF the hoard would give us
a better administration of a defined
/ policy than ever can he made possible
/ hy tariff duties prescribed without
| flcNihility.
There is manifest difference Of
| opinion about the American vnlua-
| tion Many nations have adopted de-
! livery valuation aa the basis for col
lectiug duties; that is they take tho
/ cost Of the imports delivered nj the
| port Of entry az the basis Tor Icvylng
/ duty. " is no radical departure. In
i view Of the varying conditions and
l the diaurdercd state Of money values
| To provide Tor American valuation
| but there can not bee ignored IN,
| danger of such a valuation brought
| 60 the level Of our production costs
I making our tariffs prohibitivc. II
| might do su in many instances whor,
/ imports ought tu Dee encouraged
] bcliovc congress ought well to con.
] slider the desirahilty or only prnmis.
} ing alternative. namely. n provision
/ authorizing proclaimed American
1 valuation. under prescribed condi
! uons. ON any given lis' of articles im-
I ported
In this proposed feasibility. author.
/ lsluE ingreuFcs fu meet conditions go
| likely 90 change. there should ais,
/ %" provision for decreases. 4 rate
/ may %" iuSt today. and entirely out oi
/ proportion six months from today
/ li our tariffs Hr, tu be made .uult,
able, and NOT necessarily burden uui
/ imports ana hinder our trade abroad
. " N''IA'N W AAAINNl llIfNI Will NR nffNs sHN "a
Tor years TO come. Knowing the i'm
/ possibility OF modification by act of
! congress Tor any one or a score o
/ lines without involving long urral
ut schedules. 1 think We shall go
long ways toward stahilizatlun. 4
there ts recognition Of the tariff
commissions fitness to rccommeu,
urgent changes hy proclamation
Nl.NIPIONM DECREASING.
INDUSTRY IL RENIVINI
am sure about public uplnlo
fuvoring the early determination q
our tnrin policy There have bee
Ir"u-suriug signs uf q business rovlNJ
from IN" deep slump which all ia
world hrs leou experiencing. Ou
B unemployment, which gave us doe
concern. only e few weeks ago ha
/ Eruwn oucouraE.ugly less und me-,
b assurances and renewed confidenc
{ Will attend the congressional deciari
tion that American industry will l.
4 held secure.
J Much has been said about the pr,
tcctive policy fur ourselves maxim
% Impossible for our debtors to dll
charge thelr obligations TO us Tn
, is "a contention mot now pressing (,
= decision. II We must choose betwee
q people IN ldl"1Dss pressing for a.
. payment Of indebtedness. or "a peop
, rezumiGg the normal ways Of en-
4 ploymcnt ana carrying the credit, J.
/, US choose the latter. Sometimes "
: appraiso largest the human III mo
A vivid In our minds. We have be,
. giving. ana are givinF now. OF on
q influence and appeals TO minimli
the likelihood ui war and throw q
/. the crushing burdens of armumer
q II Is ali very earnest with a nation
soul impcning But people u
q employed and saunt with hung,
s face a situation lutte as dlshcArte
ing az wur and our greater oblig
~ ton today De- tp do the government
% part toward rosuming productive
T. ANA promotins fortunate and r
" muucratiys employment
l. SomuthinF more than tariu pr
!" lection De- required by American agl
i7 culture. To tu' farm has come q
No earlier and heavier burdens OF .
D. adjustment There is actual depr,
sion in uur agriculture industi
70 while agriculture prosperity is abs
~ lutply e-s,uiIi to the general pr,
, perlty uf fhp country.
y, Coner,ss has auught very earnest
a, no provide relief IL has promp
"a given such temporary relief as d