Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-10-31

passage of the measure, which l
had favored from the first he
said.
Senator Jones said his opponent
for the senate seat says he stands
on the republican state platform,
which is for a just compensation
for the ex-service men. why
does not he or his party declare
now what just compensation
means, and not wait until after
the election?" he asked.
Opposes Sales Tax.
The senator said he does not
favor any measure placing a sales
tax for the creation of the neces-
sary revenue. ut is a just debt, "
he declared, land why should we
not pay it from the general treas
ury, raising the money in the or
binary way, Just as we pay our
other just debts?"
Senator Jones explained his po-
sition on the tariff. He asserted
that following the war, the prices
of agricultural products, including
wool and meats, had fallen to an
alarmingly low point, below the
cost of production, while manu-
featured products were still sell
ing at high point. For this rea-
son, he said, the farm bloc was
formed by republican and demo-
cratic senators and representa-
tives, and brought about the
passage OF the emergency tariff,
which gave protection to the
farmer, the wool grower, and the
livestock producer. This bill, he
said, included all the products Of
New Mexico.
New G. o. p. Tariff.
The new republican tariff, he
said, made no effort to equalize
the difference that still existed be-
tween the low prices the farmers
received for their products and the
high prices they were compelled
to pay for what they had to buy.
He declared that the emergency
| tariff on wool afforded better
protection for wool than the new
| tariff. AS proof of this statement,
he said that Senator Lodge, in ar
guing for the new tariff, stated in
the senate that the bonded ware
/ houses already were filled with
foreign wool which would be re-
leased on the market as soon as
! the measure became law. Sena-
| tor Lodge, he said, declared that
the new tariff reduced the duty
on wool, and the importers were
awaiting its passage to get the ben
eft.
The present tariff, Senator Jones
| contended, was dictated by the
manufacturers, who are enabled
by it to sell their products abroad
at less prices than at home, and
who receive from it in many in
stances protection higher than the
entire cost of the labor required
in manufacturing their goods. In
addition, he said, it fixes duty
| in many instances equal to the en-
! tire cost of production either al
home or abroad. He asked his re-
publican opponent to define now
what he means by an adequate
protective tariff, rather than wait
until after the election.
Investigation of Prices.
"There should have been an IN
vestigation of prices before grant
ing further protection to manufac-
| turers, whose prices indicated that
they did not need it," said Sena-
tor Jones. THE present tariff az
fords no protection to the farmer
and livestock grower, the prices OF
whose products shows that he
needs protection"
Taking these things into consid-
Grafton, the senator said, he voted
against the tariff measure, know
ing that the then existing emer-
gency tariff did afford protection
to the interests that stood most IN
need of it.
John Morrow, democratic candl-
date for congress, stated that de-
velopment of natural resources,
which he declared will be the sole
cause of New Mexico's growth, had
been hampered by political condi-
lions brought about by the republi-
can administration. He said the
state of Arizona, admitted to the
union with New Mexico, had mad
rapid strides forward because OF
capable administration, largely
democratic, while New Mexico had
been held back by unfaVorable con-
ditions brought about by the re-
publicans. u
Jose A. Baca, candidate for lieu
tenant governor, spoke along the
same lines. .,,
A crowd, which practically tllled
the lower floor of the auditoriunl'
heard the addresses. a.,
Preceding the meeting at the
High school, Senator Jones al
dressed meeting sof former SOL
diers at the Herald hall. A num-
Der of the ex-service men accom-
panied him to the High school,