Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1921-08-16
EDITORIAL
DRESIDENT HARDING h;

American delegation to the Washing
ton disarmament conference 1t will
probably be the verdict of the ma
ton, irrespective of politics, that no
wiser choice could have been made.
This entirely apart from the fact that
Hughes position as cabinet premier
made his appointment practically a
foregone conclusion.
y No man in high position in the
Harding administration has grown IN
public esteem since his appointment
as has Hguhes.
1t is not too much to say that this
conference has possibilities of devel-
oping into the most important inter-
national gathering in the worlds hs-
tory.
Much will depend upon Hughes,
who. as head of the delegation of
the nation calling the conference, will
undoubtedly be chosen as its pre-
siding officer.
No such opportunity for world ser
vice and world fame has ever before
come to an American cabinet officer.
CENATOR King, of Utah, has intro
duced a resolution in the Senate
appropriating $5,O00,0O0 for famine
relief in Russia There are very grave
doubts whether the people of this
country favor the appropriation. of
this or any other sum of public money
at this time for this purpose.
The help which Hoover has offered
to the Russians is out of funds pri-
vately subscribed. He is undertaking
the feeding of certain number of
starving Russians in his private ca
pacity as head of certain relief organ
CARNATIONS and not as a public offic-
ial.
That is an entirely different prop
osition from levying taxes and thus
compelling every taxpayer to share
in the charitable enterprise, whether
or net he wants to.
There are a lot of pretty clear
thinking people in this country who
question the wisdom of the policy Of
helping the Russians, either privately
or publicly
Their idea is that the causes of the
Russian famine are such that they
will be recurrent every year unit
sovietism, with all its attendant chao:
and horrors, is oyerthrown. AND
they argue that the best way to bring
about this overthrow is to let nature
take its course in Russia, instead o.
trying to interfere with its inexorabl'
processes.
The statement of Hoover that 'tht
famine in Russia is of an extent en-
tirely beyond the resources of all tn,
available private charities of tn
-,::.orld in these times of economi
hardship" sharply raises ale question
as to what the policy of the govern
ments is to be.
It is a big question and there
much to be said on both sides of it.
$3.50
IN what way are YOU losing none
during this period of defiation-th
shrinking of prices and values.
Maybe your wages have been cut.
Or you're out of job
Or your business has stopped pa!
ing profits.
Or you have stocks that. have su
pended dividends.
Or you bought a home at hig
prices, and, watching its replaceme,
value decline as building costs cree
down, you fear that most of VIII;
you have paid has been wiped out.
Everybodys in the same boat.
one way or another, we're all losin
The wartime paper millions are eva
Grating and it takes from each of +,
as surely as the hot sun over por
takes from each drop of water on Il
surface.
Even John D. Rockefeller, richie
man in the world is losing Prof
may still be coming in from his gas
line, but the shrinkage Of his fortui
by decline in the value Of his stool
and bonds runs into the tens of m
lions
IERE'S Louis X. Liggett, a big fl
ure in Wall Street and in intern
tional business. Defation has caug
him in its coils. His attorneys. dra
uf papers transferring all of his pc
soQ4 assets to three trustees for Il
begeRt of his creditors.
Ri ar inimitable letter to TIE stoc