Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-09-06
DOES Maine BELIEVE
IN ADMINISTRATIONS
WILL ANSWER SEPT, Il

WILL ANSWEk SEP|,11
Chairman John T. Adams, of the
Republican National Committee. to-
, day issued the following statement
| to the voters of Maine:
| Does Maine believe in thrift and
economy? If so, the Republican
| party presents a 16 months record
of public economy which has not
been equalled by any other nation in
the world. 1t presents a reduction
of the public debt in the sum of ST.
Ol4,O6S,S44 in the last year. 1t pres
ents a reduction of routine public ex-
penditures of $1,743,319,7S 9 during the
last year, as compared with the pre-
Vious year. and a reduction of over
| $4,000 100000 as compared with the
fiscal year which ended June 80, 1920,
a year which the Democratic party
control of the administrative, or
spending, agencies of the govern
ment.
Does Maine believe in lessening the
burden OF taxes ? If so, the Re-
publican party presents the record of
its Congress having passed a tax law
which has already lowered taxes in
a sum in excess of sS1S,000, 900. The
taxes. thus eliminated were those
which bore the heaviest upon the
| families of small income. 1t was a
reduction of taxes which benefited
all the people.
In addition, the present Republican
Congress has blazed the way for fur
j Their reduction of taxes by appropri-
ating one-thrd of a billion dollars
| less for ordinary expenditures this
| year than were appropriated last
| year, and over billion dollars less
| than were appropriated two years
| ago.
Does Maine believe in a business
administration? If so, the Republic
| can party presents a record of 16
| months of introduction of business
| methods into the administration of
| public affairs. The various executive
| departments and bureaus have been
| brought into cooperation and CO.
| ordination. Lost motion and dupli-
! cation have been cut out. Payrolls
| lack work left by the previous ad-
| ministration has been taken care of
| and other work brought up to date
These are not the only concrete
| evidences of business methods be-
| ing introduced into public affairs. BY
! virtue of the sum and total of the
! various businesslike methods and in
| PRODUCTION of economies in this ad-
| ministration the price of the GOV
ernments securities-Liberty Bonds
| have advanced Is per cent since
| this administration came into power
| The interest rate in the Federal Re-
serve Banks which in turn influence
the interest rate in all banks has
| been reduced from seven and one
half to four and one half per cent
since March 1921.
The $11, 100000 owed this gov
eminent by various foreign nations
was loaned by the Democratic admin
istration without its taking any le-
gal evidence of Indebtedness or ex-
acting any pledge as to when or how
the money was to be repaid and the
| interest kept up, if at all. This Re-
! publican Congress has created a Re-
funding Commission for the purpose
| of getting these loans on a business
like basis, securing legal acknowl-
edement of their liability from our
debtors and also devising a plan
whereby the interest is to be paid
and the principal is to be reduced.
| Does Maine believe in n Congress
which applies its earnestly and in
diligently to carry out the pledges
OF its party and to promote the COM
mon welfare? II SO, the Republican
! party presents the record of the pres
| ent Congress. No Congress, in time
OF Peace, even enacted so much con-
, structive national and helpful legis-
| lation. No Congress ever came into
| power with a greater program to be
carried out. No Congress has ever
enacted a greater percentage of leg
islation promised by its party. 1t has
not been do nothing" Congress as
falsely charged. No Republican need
apologize for it. It's record is not on
the defensive. 1t early enacted the
! Budget Law under which the econo-
my program of the administration
|
cut public appropriations so that tax
es might be reduced. 1t assisted ag-
riculture on its feet It came to the
! aid of crippled industry. BY the re-
| Strictive immigration law it stopped
! the importing of hundreds of thou
sands who would have aggravated
the unemployment situation to the
hurt of labor. 1t enacted no destruc-
| tive class or sectional legislation.
| Does Maine believe in peace? If so,
the Republican party presents the
record of the Conference for the Linn
itation of Armament. This confer
ence. conceived and called by Presi-
dent Harding and successfully direct
ed by Secretary of State Hughes, re-
suited in the formulation of eight
treaties. which public opinion
Throughout the world acknowledges
comprise the greatest practical step
| toward world peace that has ever
been taken. This is quite aside from
the more material benefits of the
| Conference in the shape of stopping
preparations for future war and
thereby lessening the burden of tax
alton upon all people.
| Does Maine believe in strong
selfrespecting foreign policy for the
| United States? If so, the Republican
party presents the record of 16
months of the State Department. du-
ring which time the United States has
resained its prestige road and has