The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-10-05


from three to five billion dollars year
through the increased cost of com
modities. If there be any doubt about
there being an increased cost of liv-
ing on the way, one has only to consult
the storekeeper to be enlightened.
Clothiers are agreed that an average
increase of 20 per cent will be levied up
on clothing On the suit that costs $50
now, the price in the next fall season
will be not less than $36. This is but
an index to the intolerable condition
which cannot be avoided so long as
this Ubiquitous measure remains on the
statute books. The American Wooden
company which will be one of the very
largest beneficiaries of this system of
preferential government not long ago
doubled its capital stock through the
declaration of a stock dividend, from
twenty million dollars to forty million
dollars. Every man, woman and child
in America will be assessed to sup
port this unjustifiable initiation. If we
apply the term that fits the case, then
the law of which we complain is not
Legislation, but the part of a conspir-
acy. Can it be mere coincidence that
the large contributors to the Repub-
lican campaign fund in 1920 represent
the very interests that will profit most
by the new tariff law?
Claims Money Raised.
within a short time after the dec
laration of peace in 1918, this conspir-
acy was in the making. Every group
of discomfort in our land was carefully
inventoried. Without any attempt at
concealment, money was raised in
sums never before known in political
activities. Propaganda was establish
ed behind every crouch in America.
Untold millions of dollars were used
| for the work of organization. We
charged at the time that these were
not contributions but investments
made with every confidence of large
dividends. These dividends are soon
to be assessed. The American people
will foot the bill"
Discusses Europe
In the last half hour of his address,
Mr.. Cox discussed the European stu
] alton in a general way and particularly
from his personal viewpoint, gained in
observations during an extended tour
of Europe during the summer. One
| of the wholesome results of the war
the speaker said, was the reduction in
the number of kings and the springing
up of new republics. Mr.. Cox said
4 that Uncle Sam" might we'll take
these infant republics by the hand and
assist in guiding them until they
might walk alone.
Referring to the chaotic condition
of all Europe, Mr.. Cox asserted that the
j deadlock between the nations, due +
the question of reparations and the
inability to reach a satisfactory adjust
ment thereof, might result finally il
complete collapse of some of the pow
ers and he pointed out that should the
new German republic collapse, Other
nations naturally would meet a SINH
lar fate. He declared that Germany
is not prosperous, despite some state
ments to the contrary, and the appar
ent peace and calm in BERN was moi
|, in evidence throughout the nation.
Germany, he said, must have its in
dustrial life functioning to the fulles
in order to meet its obligations t,
: other nations as well as those of it,
own.
: Mr.. Cox said that the United State!
might with reason send to Europe a!
its reparations representative, Her
bert Hoover, "a member of the admin
istration," as Mr.. Cox put it, "wht
probably is better known abroad thar
any other American" The speakel
said he believed that Mr. Hoove
might straighten out the reparation
tangle in ten days'time, had he tn,
opportunity. F-
Points to Results
!, Considerable time was devoted b,
Mr.. Ra!ston in the first part of hi
speech to the history of his last &C
ministration, including paying off tn
, state debt, elimination of the sinkin
fund because it was no longer neces
sary, and reduction of the tax rate
; He then tooh up the four power pact
: "The president and his party organ
cation have repeatedly given out t
I the public that the GROWING achieve
+ ment of his administration, up to date
: is the four-power pact l am goin
f to give the president full credit TO
? wanting to bring the influence of thi
4 government to bear upon internationa
r affairs in a manner calculated to les
+ sen the probability of war, if not wit
: the hope of wholly eliminating war.
S Four Power Pact
q Many of US, who advocated tn
S League of Nations-not an issue now
), remember that while the president
/ attitude in the campaign was unce
d tain, 81 of the leading and masterfl
r. Republicans of the nation gave tn
: voters, the war mothers, their son