The Glenwood post., 1922-10-05
FIRST CAMPAIGN GUN
fired IN GLENwooD
Continued from page ~

Mr.. Vincent was the chief speaker
of the evening and his address was
very well received by all present. The
following are few of the statements
made by Mr.. Vincent:
A tariff is necessary to protect some
Of our industries and commerce. These
include certain farm and mine products
and items of manufacture. Tariff
schedules should be determined and
fixed to meet changing trade condi-
tions. A reasonable tariff schedule
based today on the difference between
the Scst Of production at home and
abroad may be too low or too high
under changed conditions tomorrow.
To provide for this necessary flexi-
bility congress has given the president
power, upon recommendation of the
tariff commission, to make such ad-
justments. This is the first practical
provision for the proper adjustment of
schedules and this power should be
continued.
Agriculture and the livestock indus
try have been and are in desperate
straits. Market returns have been fire.
quently below production cost. These
industries do not have warehouses and
storage facilities for holding their pro-
duee, to permit it to move to market
at seasonable times as market demands
call for it, nor efficient distributing
and marketing agencies. Tho federal
government has BY legislation taken
the first steps and must by further
legislation provide for financial aid
aad credit agencies to assist farmers
and livestock growers through cooper
stive organization to develop ware
house and storage facilities and mar
keting agencies to protect both the
producer and the public. The prob
lem is not local but national, and relief
to place agriculture Jour basic indus
try, on . paying basis, is one Of the
greatest needs and one of the most
pressing demands before the American
people.
The vast interest bearing issues Of
tax FREQ securities put an unjust bur
den upon every other class Of property
fhis tax exemption il indefensible and
should be removed. 1t benefits only
those best able to pay taxes and shifts
the bufdea to all other property.
The federal child labor law was
held unconstitutional. An amendment
to the Constitution to make such leg
islation valid should have the support
Of every man and woman interested in
the welfare of children.
We must stand for a revival of bust
ness in which all classes can fairly
share. This can only occur by reviv.
al Of mutual respect between and co.
operation by all classes of our people
I have no faith that low prices, low
profits and cheap labor can bring com
fort or profit to any great number of
our people. 1t is only the fortunate
few who prosper under such conditions
What this nation needs is higl
level Of farm profits; high level of
wages; these are the source of all bust.
ness profits; and in particular we
need and must have higher level of
quality and service in trade and com.
merce; higher level o deficiency and
loyalty to the job; higher level of
loyalty and respect for our government
and its laws; a higher level of strict.
ness and impartiality in the enforce
ment of law.
For it is only when the greater mum.
Der of all classes of our people enjoy
comfortable circumstances, and the Sc.
curity of public order exists, that we
can have opportunity to reflect and
choose after deliberation the best ways
and means to meet emergencies and
dispose of vital questions as they arise