The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-12-08

BIZ United Press
WASHINGTON. Dec. S.-President
Harding. i'm his legislative message
to Congress today, said in part:
Members of the Congress:
$50 many problems are calling for
solution that a recital Of all Of them.
in the face of the known limitations
of 4 short session of Congress would
seem TO lack sincerity of purpose 1t
is four years since the World War
ended. but the inevitable reimbursement
of the social and economic order Is not
more than barely begun. There is
no acceptance Of pre-war conditions
anywhere in the world. In very
General way humanity harbors indi-
vidusl wishes to go on with war
time compensation for production.
with pre-war requirements in eX
penditure. In short. every one, speak
ing broadly. Graves readjustment for
everybody except himself, while there
can be no Just and permanent re
adjustment except when all par
ticipate.
"AIl the civilization that measured
fts strength of genius and the power
of science and the resources of indus
tries. in addition to testing the limits
Of man-power and the endurance and
heroism of men and women-that
same civilization IS brought to its
severest test in restoring a tranquil
order and committing humanity to
the stable ways Of peace.
Old Order Is Gone
s'Tf the sober and deliberate ap-
praisaI of pre-war civilization makes
Il seem a Worthwhile inheritance,
then with patience and good courage
q will be preserved. There never
again will he precisely the old order;
indeed, I know of no one who thinks
i TO be desirable. For out Of the old
order came the war itself. and the
new order. established and made Sc
cure. never will permit its recurrence.
cit 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 a great crisis
The conduct Of war itself is not more
difficult than the solution of the prob
lens in its wider aspect of world re
Mobilization or Of international rela-
social. financial and economic prob
lens 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 its interna-
tionaI relationship Will have scant i'm
portance-
Strikes IneXcusable
Had We escaped the coal and
railway strikes. which had no eX-
cuse for their beginning and less
justification for their delayed set
tlement. we should have done in
finiteIv better. But labor was in
sistent on holding 10 the war hoists
and Needless forces of reaction
sought the pre-war levels. and both
were wrong.
-''The railway strike accentuated the
difficulty of the American farmer The
first distress of readjustment came TO
the farmer. and il will not be a re-
adjustment fit TO abide until he IS re-
Heved. The distress brought to the
farmer does not affect him alone Ag-
ricuItural iIl-fortune is a national ill
fortune. That one-fourth Of our pop
ulation which produces the food Of the
Republic and adds so largely to our
EXPORT commerce must participate in
the good fortunes Of the Nation, else
there is none worth retaining.
Agriculture is a vital activity in
our national life. In it we had our
beginning. and its westward march
with the star Of the empire has re-
aected the growth Of the Republic.
THE farm loan bureau. which
already has proven its usefulness
through the Federal land banks, may
well have its powers enlarged to pro
vids ample farm production credits as
well as enlarged land credits. It IS
entirely practical to create a Division
in the Federal land banks to deal
with production credits with the limi-
tatiOns Of time so adjusted to the
farmer turnover as the Federal re-
serve system provides for the turn
over in the manufacturing and mer-
camille world. Special provision must
ne made for livestock production
credits and the limit Of land loans
may be safely enlarged. Various
measures are pending before you and
the best judgment Of Congress ought
70 be expressed in a prompt enact
ment at the present session.
Farmers Problem Difficult
But American agriculture needs
more than added credit facilities. The
credits will help to solve the pressing
problems growing out of war inflated
land values and the drastic defIation
Of three years ago. but permanent
and deserved agricultural good for
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