The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1921-07-20

be peace treaty with Germany.
You go right on paying your taxes
and taking your choice between
these high Republican authorities.
There is, however, another sur
mise which finds utterance both in
political and press circles that Presi-
dent Harding is getting ready to
resubmit the treaty Of Versailles
and that Secretary of State Hughes,
~. aided by Secretary of Com
meree Hoover, is the dominant in
fuenee in foreign affairs, has almost
completed the draft Of the treaty
the administration will favor.
But with all these surmises, no
one seems to take into account what
Germany will do. Having formally
declared peace with Germany, how
ever Unconstitutional the method,
many Democratic leaders hold that
We can no longer dictate peace as
victor; that our hands are tied: that
Germany now holds the whip hand,
and she being now a friendly pow
err that we cannot insist upon any
thing she is not willing to grant.
1t is also held that the peace reso-
luton violates the terms of the
armistice, which we made Jointly
with the allies and that it is a sur
render of our vital interests and
rights, as we'll as our honor.
One of the serious complications
is with respect to the alien property
held by the United States. CUnder
the terms of the peace resolution
this property must be held until
satisfaction is had of all the claims
Of the respective governments, thus
closing the doors of our own courts
TO American citizens with claims
against Germany. On the other
hand it is reported that attorneys
for the original owners of the seized
property will bring suit for its re-
covery under the declaration of
peace.
Democrats are generally agreed
that the peace resolution settles
nothing, but on the contrary has
greatly complicated the situation.
They point out that President Har-
ding, failing to exercise his own
pferogative to negotiate peace
treaty "passed the buck" to Con-
gress which passed the peace resolu-
t'on and has now passed the buck"
back TO the President.
The more critical among them as
sert that it is only another illustra-
ton of the inability of the present
Republican administration to under
stand or to solve any Of the great
rrotIems with which it is confront
ed.
Farmers Branded as "PrOfiteers"
The last member Of the Harding !
administration TO get into hot water
by making speeches is Comptroller |
Of the Currency Crissinger, the per-
sonal appointee OF President Hard |
ing, whose recent speech is arousing |
the ire Of the farmers. The speech,
made on June "a at the Convention |
Of the New York State Bankers As /,
ISOLATION at Atlantic City, has not ,
been widely reported. The following
extracts will be of peculiar interest
IN agricultural communities:
American farmers are caught in
the wreck of their own super pros
nerity which is the direct result of
their profiteering during the war.
Cuba is in great distress because its
good fortune tempted il to extrava-
gance. speculation, imitation of
money, credit and prices during the
war.
'Yet, If you smile the smile of !
superior sophistication at little Gu /
ba. caught in the wreck of its super-
prosperity, will retort that Cuba
and our own mid-western farming ,
country arc in precisely the same ,
pickle. The farmers made money
so fast on the high prices that ev-
erybody did exactly what everybo- /
dy did in Cuba; went to specializing
in farms, forcing the prices higher I.
and higher, selling and reselling on
small payments, and discounting the
notes which represented deferred ,
payments. Then the price OF cotton !
and wheat and corn and hogs /,
started downward on the same path
that Cuba's sugar was following.
and our farmers and agricultural !
spectators found themselves In full
fellowship with Cuba's planters.
80, we see that the profits Of the
profteer, whether in cuba or here. [,
have disappeared. He cannot meet