The Delta independent. [volume] (Delta, Colo.) 1886-19??, 1922-12-15


with regard to the transportation
problem. Mr.. Harding proposes that
tbe railroad labor board be abolished
with the substitution OF a labor ddvi-
sion in the Interstate Commerce Com
mission with ample power to require
its rulings to be accepted by both par
ties TO n disputed question. The ex-
ecutiye also proposes that the law re-
uuire the carriers and their employees
IN institute means and methods to ne
potiate between themselves their cor
stantly arising differences, limiting APP
meals to the government body to dis
mites of such character as are likely
to affect the public.
Calls Attention to Readjustments.
The President began his address by
calling the attention of Congress TO
general world conditions, which. he
said. still were seriously disturbed as
n result of the war. He asserted that
"tbe inevitable REIMBURSEMENT of the So
cial and economic order Is not more
tban barely begun" and continued:
There never again will be precise
ly the old orde.; indeed, know OF no
one who thinks II to be desirable. For
out OF the old order came the war IL
self and the new order. established
and made secure. never Will permit Its
recurrence.
1T is no figure Of speech to say we
have come to the test OF our civiliza-
ton. The world has been passing-Is
today passing-through great crisis
The conduct OF war itself Is not more
difficult than the solution of the prob
lens which necessarily follow. am
not speaking ut this moment OF the
problem In its wider aspects Of world
rehabilitation, or IL international re
lationships. The reference Is TO our
own social, financial and economic
problems at home. These things are
not TO be considered solely as problems
apart from all international relation
ship. but every nation must be able TO
carry on for Itself else it's Information
al relationship Will have scant Import
ance.
Doubtless our own people have
emerged from the World War tumult
less Impaired than most belllgerent
powers probably we have made larg-
or progress, toward reconstruction
Had we escaped the coal and
railway strikes. which had no excuse
for their beginning and less justifica.
ton for their delayed settlement. we
should have done Infinitely better. But
labor WINS insistent in holding TO the
war heights and Needless forces of re
action sought the prewar levels, and
both were wrong,
Rail Strike Hurt Agriculture.
THE railway strike accumulated the
difficulty OF the American farmer. The
first distress of REIMBURSEMENT came TO
the farmer. and II will not be N read
justment tit to abide until he Is re
Iieved. The distress brought to the
farmer does not affect him alone. Az
riculturai III fortune IN a national III
| fortune.
"This Congress already Inns taken
cognizance Of the misfortune which
precipltate deflation brooght to Amer
lean agriculture. Your measures of re
lief ard the reduction Of the federal
reserve discount rate undoubtedly
saved the country from widespread
disaster. The very proof OF helpful.
ness already given In the strongest ar
gumcnt for the permanent establish.
ment OF widcned credit. heretofore
temporarily extended through the War
Finance Corporation.
Enlarge Scope Of Farm Loan Bureau
"The farm loan bureau. which nj
ready has proven it's usefulness
through the federal land banks, may
well have Its powers enlarged to pro
vide ample farm production credits ns
well rs enlarged land credits. II Is en-
tirely practical to create Il division In
the federal land banks to deal with
production credits, with the Limitations
OF time so adjusted to the farm turn
over ns the federal reserve system pro
/ vides for the turnover In the mnnufac'
turing and mercantile world. Special
provision must be made for live stock
production credits and the limit Of land
loans may be safely enlarged. vari'
Gus measures are pending before you
and the best judgment OF Congress
ought TO be expressed In "A prompt
enactment mt the present session.
Appeals for Treaty Ratification.
But American agriculture needs
more than added credit facilities. The
credits will help to solve the pressing
problems growing out OF war--Inflated
I lind vnlues and the Drastic deflation
of three years ago. but permanent and
deserved agricultural good fortune de-
ponds on better and cheaper transpor-
tatIon. Here IL an outstanding prob
lem demanding the most rigorous con,
sIderation."