The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1922-07-12
CAPITOL cULLrsas


pubhttau pHht} mas tost ~ mfothStft
contact with the business interests
of the country. The demand for the
disproportionate and haphazard
scheme proposed by Mr.. McCumber
comes from himself and other Sena-
tors who expect to reap desirable
political benefits, and not from the
business interests Of the country. -
Louis Seibold, National political
correspondent, New York Herald.
/ The foregoing statement by Mr..
Louis Seibold, one OF the group OF
famous and sound political writer's
who report and comment upon ma
I tional affairs, is worthy Of serious
! and sober consideration of the bust
ness men of the country. There is
! no greater fallacy in politics than
Z that business thrives under Re-
publican administration to greater
extent than 1t does under a Demo-
cratic administration. The worst
( thing that can happen to business is
financial or economic panic, and
there has been no greater breeder Of
panics than Republican tariff laws.
The great panics of 1878 and 1893
came when Republican tariff bills
were the law Of the land. The Re-
publican panic in 1922 resulting
from the economic breakdown of
Europe, following the defeat of the
peace treaty, was brought on by the
Republican policy of opposition and
sabotage. 1t is now proposed to ex-
tend and prolong this panic by a
/ tariff law worse than those which
were responsible for the preceding
great panics.
Practically every big Republican
newspaper in the country has oppos-
ed and denounced this pending tariff
bill. The legitimate business inter-
ests of the country are opposed to it,.
Its effect upon business generally
will be disastrous, and yet the reac-
tionary Republican leadership per-
sists in trying to fasten upon the
country its policy of commercial
isolation and economic absurdities
in the interest of few manufacture
ers.
The Democratic party, still hold
ing fast to the doctrine of equal
rights to all and special privileges
to nome" is preeminely the party of
honest and legitimate business and
the foe of profiteering and predatory
interests. It's attitude toward the
business interests of the country is
definitely set forth in a recent decla-
ration by Cordell Hull, Chairman Of
the Democratic National Committee.
Judge Hull said: -.
THE Democratic party welcome
into its ranks every class of persons
and of business which desires only
intelligent, equitable and fair treat
ment at the hands Of the govern
ment. Democrats have shown by
their recent record that they are
friendly towards all individuals and
legitimate businesses, big and little,
so long as they do not seek some
special advantages or favors from
the government to which they are
not entitled. The national democ-
racy is not reactionary, but is keenly
alive to existing conditions and to
modernized, wholesome remedies for
any evil or threatened evil of our
material or social affairs. 1t alone
has clear grasp of all phases Of
our national life."
The business favored by the Re-
publican party is crooked business,
profiteering business, and business
seeking special privileges and favor.
The business represented by the
Democratic party is honestt bust
ness. seeking no favors and opposing
determinations. asking only equal
opportunity. Honest business may
be little or 1t may be big-it matters
not how big II 1t be honest and
legitimate.
Is it not time that honest and
legitimate business, big and little.
separate itself from the Republican
party and ally itself with the Demo-
cratic party? Is II not time that
honest and legitimate business recall
to mind the defeat by Republican
partisanship of the great recon-
struction programme offered by the
Wilson administration in 1919 which
would have solved practically all OF
do