The Washington herald., 1922-06-10
HARDING FIGHTS
REVERSION TO
PREWAR WAGE
Asks Fair Readjustment
Between Labor and
Capital.
U. s. TRIES TO KEEP
HANDS OFF, HE SAYS
Gets Princeton Degree for
"Quiet Courage" of
Bonus Stand.

BONUS SLdnQ.
TRENTON. N. j.. June s.-There
must be a real adjustment" in the
relations between labor and capital
IN this country, but IL must be q
fair" readjustment, II normal con-
dttions are to return, President
Harding declared herd tonight be-
fore a large crowd which gathered
at the train carrying the President
back to Washington as it made
brief stop.
Coming out Of the prolonged ap-
plauseJ which followed this state
ment was a loud shout from one
man in the crowd: Alta boy"
During the war capital got used
to unusual profits and labor be-
wages. which both have been re-
luctant to relinquish," the Presi-
dent declared.
Must BE Fair ReadJustment.
There must be a readjustment,-
but IL must be a fair readjustment."
he said. We must say to capital
that wages must not go back and
ought not go back to where they
were before the war.
The world war would indeed
have been a failure and the sacri-
fees made in our behalf would
have been in vain" President Hard
ing declared. 'if We should go
back"
Yet you cannot have employ
ment without reasonable pro1it for
capital. The government is trying
to keep its hands out and reduce
taxes and burdens upon you. 1t is
all up to you, for there Is not a
great deal the government can do.
"Up to Each of U.s.,
It's UP to each one of US to re-
solve that We are going to work.
that We are going to resume pro-
duction. in order to hold the United
States to a foremost place in ths
life OF the world"
The return to normal conditions
depends upon the people engaged
in business. not the capitalist
alone" the President told his audi
ence.
He repeated his frequent warning
that there must be less government
IN business and more business in
government.
The train made but a brief step
here. The crowd surged up to greet
the President as he stood on the
back platform. but he was forced
TO forego a general handshaking on
account of the. short stop scheduled.
Receives Doctors Degree,
PRINCETON, ". j., June e.-Ths
dnrfn- - 1ou
dent Harding received today at
Princeton University was conferred
partly in recognition OF his vote as
a Senator for the anti-strike clause
which some Republican leaders un-
successfully attempted to insert in
the Esch-Cummins railroad act and
for his attitude of quiet courage on
the soldier bonus.
The unusual form of the official
statement made by Dean Andrew F.
West in comforting the degree at
tracted attention.
The sweeping away of extrava-
CANT waste and the forming Of a
budget system show him a master
Of finance" Dean West said. His
vote as Senator for the anti-strike
clause in the railroad bill and his
attitude as President on the bonus
reveal his quiet courage. and the
great work of the conference for
limiting armahnents. assembled at
his call. has won the gratitude of
the world"
Squeezed Into Car.
In accepting the degree. the Pres
tdent made no reference to Dan
Vests remarks.
The dignity of the Presidents
ride through the stately streets Of
Princeton was somewhat Jared by
The fact that he was squeezed, top
aat. cutaway coat and cane into the
small. bright green. rakish roadster
81 Mayor Browne who was at the
wheel while the gorgeously uni
formed Philadelphia cavalry rode
IN front and long line of big
imousines trailed behind the small
automobile. The President had
some difficulty in extricating him
self gracefully from the car when
the parade pulled up in front OF
the Princeton Battle monument for
he dedicating exercises.
The heat was so intense that Mrs
Harding. who sat in the front row
with Mrs. Thomas ]. Preston. widow
of Grover Cleveland. was compelled
10 move into the shade some distance
lway.
A great ovation was given the
President and Mrs. Harding tonight
oy an exuberant mob of students just
prior to the departure. They gath
.red before tire home OF DR.. Hibben,
n the college campus. and the Presi-
lent talked to them informally for a
Few minutes
Its a lot more fun to be COL
This drew a laugh from the students
Afterward q round of viciferous
.heers was given for the President
and Mrs. Harding. The Presidential
,arty rode out of the campus through
L line of students calling farewells