The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1922-01-28
The PEOPLE
GETTING WISE
TO LODClSM
Gov. Cox Brings In
dictment A g ain st
Republican P a T ty
For Treachery t o
the Public

president in 1929. and former GoV-
ernor of Ohio. tonight told Demo-
Gratis gathered here at jackson
Day banquet. that their party
stands just where it did when the
votes were counted" and is ready
for the next fight Public opin-
ion. he declared. has steadily
borne the destiny of America near
er each day to the seat Of the
League of Nations at Geneva.
In his first public address since
the campaign. Of 1920, Mr.. Cox as
sailed the policies Of the present
administration. 'condemning III e
work of the Washington armament
conference. declaring that America
had refused to accept world lead
ership and that financial depres-
sion was due to the ''lreachery of
Lodgism" Thousands of Republi-
cans, he declared NOV realize that
the leaders Of their party in the
making Of policy have pro-
famed Republican history by for
saking the soul of Abraham Lin
coin for the spleen Of Henry Cabot
Lodge"
Mr. Cox said in part:
.eAs / interpret properties, the
defeated candidate for the presi-
deney should hold to the unspoken
word until time has brought the
unmistakable evidence of payment
or default by those In power on
campaign pledges
Almost full year has elapsed
and very properly can we apply an
analysis Of its developments. The
ruins Of war still mar the inter
national prospective. Willing in
fustry is without the aid Of fl
nancial credits Countries solvent
if not rich in natural resources. are
IN idlencss and misery. The reac-
ton. true to prophecy, is upon us
and every community is affected.
The echoing cry Of America first
is a mockery to human intelligence
rs unhappy experience tells us that
We are a part Of the whole world
in soul, by the will. OF Almighty
God. and in practicalities by the
logic Of natnre's iawS-Republican
dictum to the contrary netwith-
standing.
Farm products have diminished
in price much below the labor cost
Of productions: vast inventories of
shop and mill have followed the
downward trend until thousands of
farmers and business concerns are
hopelessly inSolvent. Only the re-
siliency Of our banking system has
averted the most destructive panic
in all history. Inventories have
diminished in value. but debts re-
main TIE same. There can be but
one final result OF this situation.
And how needless it all has
been. When peace came Europe
needed rebuilding. America had
the supplies. Europe required
credit. America had prosperity
upon which credit could have been
given.
The distress in Russia is
chargeablc to the tcrrors of So
vietism. The distress in America
to the treachcry Of Lodgism.
The first essential thing TO our
prosperity is the formal recogni-
ton <by our government of the
fundamental cause OF depression.
Since this would carry acceptance
Of the theories Of Woodrow Wilson.
there is hope only for the belated
relief that will come fror. the
pressure Of public opinion
Every economist and statesman
III the world whose mental proc
esseS are free from ulterior thought
admits that the house Of civiliza-
ton cannot be put in order with
out the cooperation Of the nation
possessing both the leading gold
supply and thc-facilities OF tremen-
dous productivity. In the face Of
these fundamental truths. the ad-
ministration at Washington is vain
ly trying to bring better times. by
resort to the noisy methods of a
circus.
'Of the present treaty between
the governments Of the United
States. Great Britain. France and
Japan prudence might suggest that
Judgment be reserved until we
know what the treaty means and
the extent of Mr. Lodges secret
understandings The president gave
Interpretation Of the written word:
Mr.. Lodge instantly corrected him
with the statement that the real
meaning was in the unwrittcn word
in the understandings between
the representative which Mr..
Lodge had rcfrained from mention
ing when he addressed his country
men. Just when nations seemed
committed TO open diplomacy. Mr..
Lodge in the name of America. re-
sorted 70 the diplomatic methods Of
old
In its behalf ii is said of the.
treaty that it recognizes the prin-
ciplc OF arbitration and gives pro-
lection against external aggrcs-
sion On the other hand. it creates
group OF nations. and thus may
encourage the establishment OF
other groups. This treaty creates
division OF moral purpose. The
League of Nations contcnplatos
the merging OF purpose. This
treaty sets up new enterprise that
may lead to Other i:" PROJECTS
Tho League Of Nations assemble
all nations dcscrviri: OF nanc Il
III" present pact. after mature re-