Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1922-01-26
PARTY IS READY
FOR NEXT FIGHT,
COX'S CHALLENGE
Stands Just Where 1t Stood When
Votes Were Counted, He Says
In Jackson Day Speech

DAYTON, o. Jan. 36.-(By As
sociatcd Press flames M. Cox
Democratic candidate for president
in 1920, and former governor of
Ohio, last night told Democrats gath
cred here at Jackson Day banquet
that their partl stands just where
it did when the votes were counted"
and is ready for the next fight"
Public opinion, he declared has
steadily borne the destiny of Ameri-
ca nearer each day to the seat of
the League of Nations at Geneva"
In his first public address since the
campaign of 1920, Mr.. Cox assailed
the policies of the present administra
ton condemning the work of the
Washington armament conference
declaring that America had refused
10 accept world leadership and that
financial depression was due to the
treachcry Of Lodgism." Thousands
Of Republicans, he declared, now re-
aizc that the leaders of their part
in the making of the policy e.. have
pofancd Republican history by for
sahiug the soul of Abraham Lincoln
for the spleen of Henry Cabot
Lodge.
Mr.. Cox said in part:
"A5 I interpret proprietics, the de
fcated candidate for the presidency
should hold to the unspokcn word
mdjl time has brought The unmis-
taxable evidence of payment or de-
fault by those in power on campaign
pledges =.
Can Apply Analysis.
Almost full year has elapsed aud
very properly can we apply an analy-
sis Of its developments. The ruins
of war still mar the international per-
spectire Wiling industry is without
the aid of financial credits. Countries
solvent, if not rich in natural re-
sources, arc in idlencSs and misery.
Inc reaction, true TO: prophecy, is
upon US and every community is af-
tected, The echoing cry Of America
flrst IS mockery to human intelli-
gencc, as unhappy experience tells
US that we are part of the whole
world IN soul, by the will of Almighty
'od, and in praeticalities by the logic
Of natures laws-RepubIicans' die
(um to the contrary, Notwithstanding.
Farm products have diminished in
PfIce much below the labor cost of
production; vast Inventories of shop
and mil have followed the downward
Trend until thousands of farmers and
BUSINESS concerns are hopelesslv in
solvent. Only the rcsiliency of our
banking system has averted the most
Instructive panic in all history. In
'entofleS have diminished in value,
OUT debts remain the same. There
can be bat one final result to this
situation.
-, AND how needless it all has been.
"nen peace came Europe needed re-
pudding America had the supplies.
I"loPe required credit, AMERICA had
: prosperity upon which credit could
nave been given.
a, Chargeahe to Lodgism.
~, } tic distress in Russia is charge
?%D'e to the terrors of Sovietism; tho
A,+ress of America to the treachery
Of Lodgism. ~ : ''N ''s y
The first essential thino Ia nroe-
pyII'y IS the formal recognition bv
l o"l government of the fundamental
cause OF depression. Since this would
va w, ~ acceptance of the theories Of
woodrow Wilson, there is hone onlv
f1I 'ae belated relief that viii come
'% "% 1"e pressure Of public opinion.
Il, Every economist and statesman in.
-, 'e world whose mental processes are
Ist st from ulterior thought, admits
,""l lhe house Of civilization cannot
~ P"t y order without the co-opcra-
D, 1a.i, of the nation4possessing both the
oc '"'"S gold supply and the facilities
~ " 'hendops productivity. In face
1,iri'e..N, monumental truths, the Adj
r.,', r.',.'9@l,Iatlon at Washington is vainlv
'.us 10 bring better times, bv resort
s.oc noisy methods of circus.
o., VI the present treaty between the
C,. q, =, 'ileents Of the United States,
.,...3 ".s3C Britain, France and Japan,
1,"oehce 1,., might suggest that judg-
tb - oe reversed until we know what
N.Y. M '[eaty means and the extent of
W. ,pr, Lodges secret UNDERSTANDINGS
tb i"e president gave Interpretation Of
u. ,,' written word; Mr.. Lodge instant
tb,. - corrected him with the statement
,,.; a1%s the real meaning was in the un-
",iI'en word,-in the understand
& "s' between the representative
,,, ~nlcn Mr Lodge had refrained from
,"S"'lonlng when he addressed his
ntrynen. Just when nations seem
~ committed to open diplomacy. Mr..
noage' in the name of America. re.
old. matt 'iie'hoos OF
Compared With League.
In its behalf it is said of the
1Teaty that it recognizes the princi-
pie Of arbitration and gives protec-
lion against external agorasSio,as n,