The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-11-03


Democratic party vas saved nom
the defeat j. deserred IN 1916.
ON verge Of Bankruptcy.
Never before was the govern
ment turned over BY one admin
istration to another in such q.
condition as this government was
received from the Democratic
party March 4, 1921. The feder-
al treasury was on the verge Of
bankruptcy, and everyone knows
that emergecies were hourly aris-
ing for which there wRs no pre-
cedent. These burdens are due
to the war and Democratic lncom-
potency. II they are heavy, tho
Republicans cannot help it. If
they have been lightened, the Re
publtcans did 1t. Our Democratic
friends give US no assistance in
solving these problems. They OPP
pose, delay, obstruct and criticize.
They try to forget that the prob
lens we face are theirs, not ours.
Only the other day a prominent
senator high in their councils
said-'Why should we worry;
these are nuts for you to crack
The nation was confronted with
new conditions. Old facts had
been disproved, and old theories
had grown threadbare. No rea-
sonable person, could expect such
a situation to be changed over
night. Many students of govern
ment predicted that 1t could never
be changed for the better. Yet,
with modesty and patience 'Prest-
dent Harding and his advisers,
with the support OF Congress, has
worked faithfully to solve these
confused and perplexing problems
inherited from the last admins.
tration. No one ,pretends that
conditions are everything we
would have them. No sane per-
son will argue that We have reach
cd the golden age OF which man
kind has always dreamed. Every
thing, cannot be done at once. No
one can expect this administra-
ton to correct in nineteen months
all the evils wrought In eight
years. Vet no one can deny that
conditions have greatly improv-
cd. Liberty bonds are worth bill
lion dollars more tonight than
they were March 4, 1921; and In
addition the pulic debt has been
reduced more than a billion dol,
lars, while it has cost you Just
$1,743,319,7S9 less to run your
government than during the last
year OF the Democratic admins
tratloh. And for what 1t has
done, and for the part 1t has
played, the Republican party has
no apology to offer; and 1t is not
ashamed to look the Democratic
party in the FACET that party
dare show its face.
1.-THE fiscal conditions of this
nation have now reached sound
basis. It's running expenses, as I
say, have been greatly reduced.
The interest on the public debt
created by the Wilson administra-
tion has been paid, and the debt
has been approximately reduced
s1,014,000,O00. Liberty bonds
are now selling above par.
Factories have reopened. The
problem OF unemployment has
been solved. The prices Of farm
products have increased over
those existing at the close Of the
Wilson administration, and the
farmers OF the country are again
seeing the light. The wages in n
number of industries have been
Increased. Only recently the steel
industries of the country increas-
the wages Of. their employees
about 20 per cent. Instead Of FIVE
million able-bodled men roaming
the streets Of our great cities un-
able to find work and being forced
to sell themselves at public auc-
tion on the Boston Commons.
there is today an actual labor
shortage in America, and every
BODY who wants work can find 1t.
The public debt has been reduced;
appropriations have been cut, and
taxes have been lowered $780,
OO0, 900. And due to the magui-
tlcent leadership of President
Harding, free from entangling al
liapces, we have attained a
standing the most conspicuous
and truly splendid Of any nation
in all the world. And because OF
his Just and impartial opinion
and fearless craftsmanship,
America has made the greatest
advancement in the promotion OF
good feeling and world under
standing since tho wise men fore
gathered at Paris in 1919"