South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-13

. az aD44luA GOOD fortune
There is Itfle sentiment in the trade
~ the world Trade can and ought
70 be honorable but il knows no
sympathy. While the delegates OF
the nation were DEBATING peace terms
az Paris and while we later debated
our part in completing the peace.
commercial agents OF other nations
were opening their lines and estab-
fishing their out-posts. with for
ward look TO the morrOw's trade.
"A very important matter r. the
establishment OF the governments
business on a business basis There
was liberation Of the easy going. IN
systematic method OF handling our
fiscal affairs when indirect taxa
ton held the public unmindful OF
the federal burden. But there il
knowledge OF the high cost OF gov
eminent today and high cost OF Nv
ing is inseparably linked with high
cost OF government. There can be
no complete correction Of high cost
Of living until governments cost Is
reduced. Let me heartily commend
the enactment OF legislation provtd-
Ing for the national budget sys-
"One condition in the business
world may well receive your in
quiry. Deflation has been in pro-
gress. but has failed TO reach the
mark where 10 can be proclaimed 10
the great mass Of consumers Re
duced cost Of basic production has
been recorded. but high cost Of liv-
ing has not yielded in like proper
ton
Il have asked the federal trade
commission for a report Of its OBJ
servations and II attributes in the
main the failure TO adjust consumers
cost 10 basic production costs 10 the
exchange Of Information by "open
price associations which operate,
evidently within the law, to the very
great advantage Of their members
, and equal disa dvantage to the CON
Stunning public without the spirit
I OF hostility or haste in accusation of
profiteering, some suitable INQUIRY
| by congress might speed the price
/ rea dju stment to normal relationship
/ with helpfulness TO both producer
| and consumer. A measuring rod Of
fair prices will satisfy the country
and give US a business revival to end
I all depression and unempl oyment.
"If we can have il understood that
! congress has no sanction for govern
mint ownership. that congress does
not levy taxes upon the people to
cover deficits in a service which
should be self-sustaining. There
/ will be a foundation on which TO
build.
Freight carrying cargoes have
mounted higher and higher until
commerce IS halted and production
/ discouraged. Railway rates and
| cost Of operation must be reduced.
Transportation over the high
ways is little less important but the
problems relate TO construction and
development, and deserves your most
earnest attention. because we are
laying a foundation for long time
to come and the creation Is very diff
ficult to visualize In It's great posi-
bilities.
There IL begun a new era IN high
way construction. the outlay for
which runs far into hundreds OF mil
hons Of dollars. Bond issues by road
districts counties and tates mount
70 enormous figures, and the coun-
try Is facing such an outlay that II
Is vital that every effort shall be
directed against wasted effort and
unjustifiable expenditures.
! I know of nothing more shocking
than the millions OF public funds
wasted in improved highways. wasted
| because there Is no policy OF main
| tenance. The neglect is not univer-
sal, but Il is very near to II.
big Merchant Marine.
"It is not necessary TO say II TO
| congress. but have thought this TO
/ be a befitting occasion to give no.
/ tice that the United States means
I TO establish and maintain a great
merchant marine.
1T is a proper time to invite your
: attention 10 the importance Of the
question OF radio communication
and cables. To meet strategic. COM
mercial and political needs. active
| encouragement should be given 10
/ the extension OF American owned
and operated cable and radio serv-
L
/ ing 70 prevent the development OF
I needed facilities should be prohibit
| ed. Government owned facilities,
wherever possible without unduly
/ interfering with private enterprise
| to government needs should be made
available for general uses. Particu-
7 larry desirable is the provision Of
ample cable and radio service at
/ reasonable rates for the transmits
| sion of press matters, so that the
/ American reader may receive a wide
range OF news. and the foreign read
er receive full accounts OF Ameri-
/ can activities
Practical experience demon
strates the need for effective regu-
! latlon OF both domestic and interna-
tional radio operation IL this newer
means OF inter-communicatio is to
be fully utilized.
Aviation is inseparable from
either the army or the navy and the
government must, in the interests OF
national defense. encourage It's de-
velopment for military and civil
purposes.
1T has become a pressing duty
OF the federal government TO pro-
vide for the regulation OF afr navi-
cations otherwise indeIendent and
conflicting legislation Will be enact
ed by the various states which will
hamper the development OF avia-
ton -
Il recommend the enactment OF
legislation establishing a bureau OF
aeronautics in the navy department
10 centraIize the control OF naval
activities in aeronautics and remov-
Ing the restrictions on the person
mel detailed 20 aviation in the navy.
tfTha army q " Sar1rfca Sh0uld he