Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-05

economy. combined with fiscal justice
and II must be nttendedHby individual
prudence and thrift. which arc SO ee
sential to this trying hour and re.
assuring for the future.
| RcnectIon OF Wars, Reaction.
The business world reflects the
disturbance of wars reactions. Here
in flows the lfeblood Of material ex-
istence. The economic mechanism Is
Intricate and its parts interdependent
and has suffered the shocks and Jars
incident to abnormal demands. credit
mutations and price upheavals. The
normal balances have been impaired,
the channels of distribution have
been cloggcd. the relations of labor
| and management have been strained.
| We must seek the adjustment with
| care and courage. Our people must
give and take. Prices must reflect
| the reccling fever OF war activities.
Perhaps we never shall know the
| old levels OF wage again, because
war invariably readjusts compensa-
| lions and the neccssarics of life will
show their inseparable relationship.
but We must strive for normalcy to
reach stability. All the penalties
will not be light. nor evenly DIS
t'ibuted. There is no way of making
hem so. There Is no instant step
from disorder 10 order. We must
face Il condition OF grim reality.
charge off our losses and start afresh
1t Is the oldest lesson of civilization.
/ would like government to do all 1t
can TO mitigate them, In understand
ing. in mutuality of interest. in con-
Germ for the common good our tasks
will he solved. No altered system
will work n miracle Any wild eN-
pertinent will only add to the con-
fusion. Our best assurance lies in
efficient administration of our proven
system
From Destruction To Production
The forward course of the business
cycle Is unmistakablc. Peoples ar.
turning from destruction to produc-
ton. Industry has sensed the
changed order and our own people
arc turning to resume their normal.
onward way. The call is for produc-
tive America to so on. know that
Congress and the administration will
favor every wise government policy
to aid the resumption ard encourage
continued progress.
speak for administrative eff
cheney. for lightened tax burdens, for
ounG commercial practices, for ade-
Qunte credit facilities, for sympa-
thetic concern for all agricultural
problems. for the omission OF un-
necessary interference of government
with business. for an end to govern
mcnts experiment in business, and
| for moro efficient business in govern
ment administration. with all OF
this must attend mindfulness OF
the human side of all activities, so
that social. industrial and economic
justice will be squared with the pur-
poses OF righteous people.
With the nationwide induction OF
womanhood into our political life. we
may count upon her intuitions. her
rehncments, her intelligence and her
influence TO eXalt the social order.
We count upon her exercise OF the
full privileges and the performance
of her duties of citizenship to speed
the attainment of the highest state.
prayer for Industrial Peace.
I
in guarding against dangers from
within than it is watchftll against
enemies from without. Our funda-
mental law recognizes no class. no
group. no section: there must be none
/ in legislation or administration. The
supreme inspiration is the common
veal. Humanity hungers for Inter
national peace, and we crave it with
all mankind My most reverent
prayer for America is for Industrial
peace. with it's rewards. widely and
| generally distributed amid tho in
/ spirations of equal opportunity. No
one justly may deny the equality OF
| opportunity which made us what we
are. we have mistaken unpreparcd-
ness to embrace it To be challenge
| OF the reality and due concern for
| making all citizens fit for participa-
ton will give added strength OF
citizenship and magnify our achieve
| ment.
If revolution insists upon overturn-
| ing established order let other peo-
| pies make the tragic experiment
There Is no place for 1t in America
| When world war threatened civiliza-
ton we pledged our resources and
our lives 10 its preservation and
when revolution threatens we unfurl
the fiag of law and order and renew
our conservation. Ours is con
siitutional freedom where the popu-
lar Will is the law supreme and mi
noritics are sacrcdly protected Our
revisions. determinations and cvolu-
tons reflect deliberate Judgment
and IN orderly nroprnss nm, ,,.
mean to cure our ills. but never de-
stroy or permit destruction by force.
l had rather submit our Industrial
controversies to the conference table
In advance than 10 Il settlement table
after conflict and suffering. The
| earth Is thirstinE for tho cup Of good
viii; understanding is its fountain
source. l would like to acclaim an
era Of good feeling amid dependable