, 1922-05-23

convention.
Senator Watson praised the exscu.
tive, legislative and diplomatic rec
ord of the present administration and
nayed h recent Democrat admins
trntions as d~ebtincurring. deficit
creating. bond4ssuing. surpius-seai-
tering. factory-closing. in~dustry-parai-
wing. OBSERVATION-DISCLOSURES. social-up.
heasfng and cataeiysm-producing."
I'VE are not responsible for an this
waste" he declared
we did not produce all this wreck.
age we did not incur these debts. We
have not oiled up this mountain Of OBJ
legations and those gentlemen who are
responsible for all this riotous ORGY
OF extravagance n all this upsettins
OF industry n unsettling of finan-
ciai conditionS now stand and 3eer
a. us because in fourteen months we
have moi overcome all the Evil they
produced in eight years.
This administration does not necd
an aPologist-" said Senator Watson.
No administration never before
came into powcr confronting such
problems OF sue completely and DIFF
riculty as those which were inherited
by President Harding and the repub-
licsn congress"
President Hardirg's can for the
arms conference. no declared was
.'the largest step toward international
peace with justice the world has
known in all its history"
Declination of the invitation to the
Genoa conference also was commend.
- - NJ yIr,s-N- -LA -.aI IL w-,w q
political and not an economic confer
ence.
'sIt.e world by his t;mo ought to
understand" he continued '.that we
do not intend to become involved in
their political wrangles and that we
are willing to end aid or give counsel
and maintain always n sympathetic
attitude. Yet we always win decline
to NEEDLE with their national affairs
or to become involved in their age-old
rivalries.
In domestic affairs, Senator Wat
son said the Harding administration
stood for full freedom in business
and a recognition of the larger right
Of the Individual TO control and ope-.
ate his own business Affairs
The new freedom preached by
woodrow Wilson was a grotesQue
travesty on the name while the en-
reimbursement Of business under is
an accomplished fact"
mot w~ithstanding the near APP
proach TO collapse of h monetary
system of nearly every country in
Europe" he continued, w have
balanced our budget, we are living
within our income, we have issued no
bonds and sold no treasury certifi-
Gates, we have paid off 81. 900 .oo0, 900
Of the public debt; we have reduced
taxation by ss25. 900. 900 the first year
and s525, o0o. 900 more the second year.
we have curtailed governmental com
Dental expenses 81, 500. 900 900 a year
and are today financially solvent and
commercially sound and on the up
grade toward q normal resumption OF
American prosperity"
THE Republican party has kept
its platform pledge to reduce taxes
as far rs possible consistent with gov
ernmcnt needs. This In part Is pos
sible," he said by dismissal of
than 100. oc0 government employees in
the last two years
They have not been getting nd OF
Democrats in some of h departments
fast enough to suit me-" he added. Il
have been and am opposed to putting
postnasters under civil service"
The Fordney emergency tariff law.
the senator asserted. had saved the
wool and sheep industry and
been Of immense value to the dairy
interests and to h great bene-
fit CT the farmers"
Soldier bonus legislation is assured
srbefore the close Of the present SEES
,sion," according to Senator Watson.
who declared it would involve no ad-
ditional taxation. and finally viii BIO
paid by the use OF bonds OF our deb
tor nations"