Daily Kennebec journal., 1922-03-27
Marked Economy
(Continued from Page One)

tives about A billion and a half dol
lars and there is going out of the
treasury each day close to a million
and a quarter dollars. The govern
ment already has nearly 5000 hos
pital beds and Will soon have $4,000.
There are about $4,000 men already
in hospitals who receive, besides
Ii cir keeping nj care, from $50 to
Si51 each month. The awards tor
compensation run over two hundred
thousand each month and the wards
for insurance over 140. 900, while
there are 5000 compensation claims
and 1000 insurance claims received
during the same time. There are
about 1o5.00O men receiving Noca-
tional training, most of them under
pay and at a maximum cost OF $3.50
each per month. There are already
~ existence 1o7 hospitals which pro-
vide 1S2 employees for each 200
patients. There are 5000 schools
used throughout the country for
training cx-ecrvice men and 1000 in
stitutions for placement training.
Merchant Marine
lie Sd tne SllIppliS pPdi' pi'f-
lem was ito get the government ont
OF the shipping business with as lit
tie loss as possible and to provide
an American merchant marine that
American goods might not have TO
be carried to market in the ships Of
: competitors and that there might he
sufficient ships to provide Tor an
adequatn national defense
There is now A fair prospect. he
asserted. that the country will hare
a merchant marine, "supported from
small proportion of the revenue
derived from shipping and holding a
place on the seas worthy of the
American people"
Constructive economy. Mr.. Cool
idge said. has been the first thought
and tho chief effort Of the present ad-
ministration. To secure that he de-
| clared is TO accomplish reconstruct
! ton.
| There has been steady deter
! mination not to interfere in those
| European affairs with which he had
no direct concern" he said. when
there was an attempt to place re-
!
the fixing of rcparations it was firm
| ~ declined. but with tine assertion
that reparations must be met TO the
limit Of ability
The Genoa Conference
"There has likewise been a refusal
to participate in the Genoa confer
ence out OF a feeling. that the chief
ca OF economic disturbance OF
Europe can only be settled by their
own domestic action and our unWill-
! ingnesS to become involved in any
, va" in their political questions. The
sincerity OF American sympathy for
European distress is revealed and
established in loans OF almost n bill
/ lion dollars made since armistice dav.
in addition to the administration of
enormous charities"
He referred to the refusal Of Mex
| leo to execute the treaty offered to
! hcr which would have rococnized
. her government and declared her adj
heronce TO these principles Of protcr-
tion of the rights Of persons and Of
property which are the necessary
mark Of civilized state"
"A more than friendly interest in
! the people of Russia" he added. has
| been declared in olIr willingness to
| consider commercial relations on the
presentation of evidence that there
IS to he maintained those rights of
. lrce labor, respect for contracts and
| security of property without which
| there can be no commerce, and our
good faith demonstrated by great
private charities and the appropria-
tion of twenty millions of dollars for
the relief of her starvin;, population."