East Oregonian : E.O. (Pendleton, OR) 1888-current, 1921-03-04
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sane economy, combined w1h fiscal
justice and II must be attended by in
diyidual prudence and thrift which
care so essential to this trying. hour
and reassuring for the future.
Reflection OF Wars Reaction.
: The business world reflects the dis
turbance OF wars reaction. Herein
flows the life blood OF material exist
ence. The economic mechanism Is in
tIfcate and It's parts fnterdependent
and has suffered the shocks and Jars
incident TO abnormal demands, credit
hfiations and price upheavals. The
normal balances have been impaired,
the channels OF distribution have been
clogged, the relation Of labor and
management have been strained. We
must seek the reimbursement with care
and courage. our people must give
and take. Prices must reflect the re-
ceding fever Of war activities.
Perhaps we never shall know the
old levels Of wage again. because war
invariably readjusts compensations
and the necessaries Of life will show
their lnseparable relations, but we
must strive for normalcy to reach
stability. All the penalties will not
be light, nor evenly distributed. There
Is no way Of making them so. There Is
no instant step from disorder to order.
We must face a condition Of grim re-
ality. charge off our loss and start
afresh. II is the Oldest lesson OF evi-
ilization. would like government to
do all It can to mitigate them; in un-
derstanding, in mutuality OF interest,
In concern for the common good our
tasks will be solved. No altered sys-
TEN will work a miracle. Any wild ex-
pertinent viii only add TO the confu-
sion. Our best assurance lies in ef-
ficient administration OF our proven
system.
from Destruction to Production.
"Thc forward course OF the business
cycle is unm.stakable. Peoples are
turning from destruction to produc-
tion. Industry has sensed the chang
ed order and our own people are turn
ing to resume their normal, onward
way. The call is for productive Am
erica to go on. know that congress
and the administration will favor
every wise government policy to aid
the resumption and encourage contin-
ued progress ts
"A sppeak for administrative eff
cheney, for lightened tax burdens, for
sound commercial practices. for ade-
quate credit facilities, for sympa-
thetic concern for all agricultural
problems. for the omission of unnec-
essary interference OF government
with business. for an end to govern
ment experiment in business. and for
more efficient business in government
administration. With all of this must
attend mindfulness Of the human
side of all activities. 50 that social in
dustrial and economic justice will be
squared with the purposes Of right
eous people.
with the nation-wwide induction OF
womanhood into our political life, we
may count upon her institutions, her
refinements, her intelligence and her
influence to exalt the social order. We
count upon her exercise OF the full
privileges and the performance Of the
duties of citizenship to speed the at
tainment' of the highest state.
Prayer for Industrial Peace
q wish for an America no less alert
in guarding against dangers from
within than it is wstchful 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 internas
tionai peace and we crave it with all
mankind. My most reverent prayer
for America is for industrial peace.
with its rewards widely and generally
distributed amid the inspirations OF
equal opportunity. No one justly may
deny the equality of opportunity which
made us what we are. We have mis-
taken unpreparedness to embrace It.
70 De a challenge of the reality; and
due concern for making all citizens fit
for participation will give added
strength of citizenship and magnify
our achievement.
IL revolution insists upon overturn-
ing established order, yet other peoples
make the tragic experiment. There
Is no place for it in America. When
world war threatened civilization We
pledged our resources and our lives to
its preservation and when revolution
threatens We unfurl the flag of law
and order and renew our conservation,
Ours is a constitutional freedom where
the popular will is the law supreme
and the minorities are sacredly pro-
tected. Our revisions, orderly pro-
gress, and we mean to cure our ills,
but never destroy or permit destruc-
ton by force.
Il had rather submit our industrial
controversies to the conference table
in advance than to n settlement table
after conflict and suffering. The