The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1921-03-09


| out Of accord with the ideals OF repre-
sentative democracy, when one por-
ton Of our citizenship turns its activ-
tiles to private gain amid defensive
war while another is fighting. sacrihc-
ing or dying for national preservation.
Unity Of Spirit and Purpose.
Out of such universal service will
come a new unity of spirit and pur.
pose, a new confidence and consecra-
ton, which would make our defense
impregnable, our triumph assured.
Then we should have little or no dis
| organization of our economic, indus
trial and commercial systems at home,
no staggering war debts, no swollen
fortunes to fout the sacrifices of our
soldiers, no excuse for sedition, no
pitiable slackerism, no outrage Of
treason. Envy and jealousy would
have no soil for their menacing devel-
opment, and revolution would be with
out the passion which engenders 1t.
A regret for the mistakes of yester-
day must not, however, blind us to
the tasks of today. War never left
such an aftermath. There has been
staggering loss of life, and measure
less wastage of materials. Nations
are still cropping for return to stable
ways. Discouraging Indebtedness con-
fronts us IKE all the war-torn ma
tons. and these obligations must be
provided for. No civilization can sur
vive Reputation.
We can reduce the abnormal ex-
pendtures, and we will. We can
strike at war taxation, and we must.
We must face the grim necessity with
full knowledge that the task is to be
solved, and we must proceed with a
full realization that no statute enact
ed by men can repeal the memorable
laws of nature. Our most dangerous
tendency is to expect too much of the
government, and at the same time do
for it too little.
We contemplate the immediate task
Of putting our public household in or
der. We need a rigid and yet sane
economy, combined with fiscal justice.
and it must be attended by individual
pruden e to this trying hour and re-
assuring 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
intricate and it's parts interdepend-
ent, and has suffered the shocks and
jars incident to abnormal demands,
credit, mutations and price upheavals.
The normal balances have been i'm
paired, the channels of distribution
have been clogged, the relations OF
labor and management have been
strained. We must seek the read
justment with care and courage. Our
people must give and take. Prices
must reflect the receding fever of war
know the old levels of wage again, be-
cause war invariably readjusts COM
pensatiOns, and the necessaries of life
will show their inseparable relation
ship. but we must strive for normally
to reach stability. All the penalties
will not be light, nor evenly distribut
ed. There is no way of making them
so. There is no instant step from
disorder to order. We must face a
condition OF grim reality, charge off
our losses and start afresh. 1t is the
oldest lesson Of civilization. | would
like government to do all it can to
mitigate; then, in understanding, in
mutually of interest, in concern for
the common good, our tasks will be
solved. No altered system will work
a miracle. Any wild experiment will
only add to the confusion. Our best
assurance lies in efficient administra-
ton of our proven system.
From Destruction to Production.
The forward course Of the business
cycle is unmistakable. Peoples are
turning from destruction to prOduc-
ton. Industry has sensed the chanpa'
order and our own people are turning
to resume their normal, onward way.
The call is for productive America to
go on. | know that congress and the
administration will favor every wise
government policy to aid the resump-
ton and encourage continued prog
ress.
speak for administrative efficien.
cy. for lightened tax burdens, for
sound commercial practices, for ade-
quate credit facilities, for sympathetic
concern for all agricultural problems,
for the omission of unnecessary in
reference Of government with busl-
ness, for an end to governments ex-
pertinent in business. and for more
efficient business in government ad-
ministration. With all of this must
attend a mindfulness of the human
side of all activities, so that social,
industrial and economic Justice will
be squared with the purposes of a
righteous people.
With the nationwide induction of
womanhood into our political life, we
may count upon her intuitions, her re-