New-York tribune., 1922-12-23

year one Of its strongest supporters
was General John ]. PershinR.
Speaking on the 18th Of this month,
added Senator Borah. General Per.
shing in New York City said that Amer
ica should abandon It's fallaeious and
foolish policy Of disarmament and
adopt a program for preparedness 70
defend the national life Of the United
States"
Senator BOrsh then quoted other
army and navy officers 70 like effect
"Armamsnts and big armies and
navies have never led toward peace,
said Senator Borah. "They lead to war.
It has been so for three thousand years,
and will be 80 for three thousand more
years.
Calls Debt Ineoneeivhble
"0ur present national Indebtedness, "
he continued, "ig between $4,000, ,000, =
600 and 500 100000, an almost In
conceivable sum when any one comes
70 measure IL in human toll, In energy,
In sacrifice and in suffering. 10 is be-
yond the power Of human language TO
portray. For instance, the entire
amount Of gold which hes been pro-
duced since 1898 is $1,000 100000 less
lNNU our present MaAiNNAA ANhe
eve must bear In mind that the Sec
retary Of the Treasury recently ad-
vised us not only Of the conditions
which prevail throughout the country
with reference 20 increase Of taxes,
but also there has been drying up
OF tax receipts 20 tho amount Of
$1,000, 100000.
a call attention 70 some OF the con
- fu flmxwrsn Dnfnh rfTk IA
visited this country a few days ago,
said: Tho credit Of Europe Is prae..
beally exhausted, and the credit OF
other borrowing nations IN almost the
entire world will be exhausted and
tradg viii collapse. and there will be
albost ashi9ersal Bankruptcy, natiouGl
and individual "--
HHe' continued: This - the eondl-
fion which confronts us at the begin
ming Of 1929; $26000O, 100000 Of in
debtedness resting upon the great ma
uons; S22 900 100000 Of II ours, with
the strongest powers IN the world out
side Of our own announcing they are
unable TO meet their indebtedness.
These figures disclose tendency IN
our own national life the evil eopse-
quences Of which unless checked no
man hlNHAANtAN NnM ANANNNAAs - -
national question: world question:
1--WE know there Is no enemy 81
orderly government 90 subtle and stu
so powerful as excessive taxes" ne
continued There Is no adversary with
which free institutions have had 30
often 70 contend, and with which they
have contended 20 unsucccsffully. We
ought not 20 give over In one single
effort our determination TO stay com
petition IN ornaments or 10 stay the
establishment Of great armies"
Senator POlndoxter, replying, said he
did not want Vhat Senator BoTah said
about debts 70 oo accepted by the eoun-
try AZ showing that national defense
wns responsible for the conditions Mr.
porah pictured. He was not sure what
could be accomplished by another con-
ference on armament limitation. He
did not feel much could be accom-
plished.
"The greatest menaet 90 world peace
to-day" said Senator Poindexter, "ts
the ultra-conservative, Bolshevist gov
eminent Of Russia, organized on the
plea OF peace but which maintains o
standing army Of 100000 men. IL pro-
poses 70 60 back centuries 70 the re-
establishment Of communism. Another
great menace Is the plan 20 rehabilitate
and establish on the ruins Of the
modern democracy Of Germany an au-
tocracy similar 10 that Of the feudal
days. The rcaetionary element OF Ger
many would bring the whole world
under fubjeetion II It could
'No Peace N Disarmament"
II don't know what will come " the
/ President should act on this amend
ment and call another conference for
armament Limitation. / know that az
I the time such q conference was held
there was general acclaim and ap-
I proval Of results. The accomplish
ments were regarded es eubstantIel
gains. The question Of limiting smaller
war vessels was considered, but limita-
! ton OF large vessels was regarded AZ
the beat obtalnable. What n we should
reach q more comprehensive agree
ment Experience has shown us Il ID
an easy matter FOR other nations 70
End other lines Of competition. They
are now engaged In undermining their
ships, strengthening their decks. build
ing faster crui6ers, and larger sub.
marines. Peace cannot be obtsined
merely BY disarmament when disturbed
conditions prevail throughout the
world"
Senator King supported the views
Of Senator BoF.A and r'i' 'nto the
record figures 3, back ut d. a sub.
mifted by Senator BofGh showing how
heavily the people Of this country are
taxed for Federal, state, county and