The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1922-12-14
Foreign Affairs

can relations are not only free from
every threatening cloud. but the
country has contributed its Larger
influence toward making armed
conflict less likely
1T has been our fortune both "a
preach and promote international
understanding. be adds I'VE are
cognizant OF the worlds struggles for
full readjustment and rehabilitation,
and we have shirked no duty which
comes Of sympathy. or fraternity. or
highest fellowship among nations.
Every obligation eonsonant with
American ideals and sanctioned un-
der our form of government is will
ingly met"
World Conditions
The President in his address called
the attention OF Congress to general
world conditions. which he said still
were seriously disturbed as a result
OF the war. He asserted that the
inevitable readlustment of the social
and economic order is not more than
barely begun.
There never again will be pre-
cisely the old order; indeed, know
Of no one who thinks It to be desir-
able. For out OF the old order came
the war itself The new order es-
tablished and made secure. never will
permit fits recurrence" he said.
Doubtless, our own people have
emerged from the World War tumult
less impaired than most belligerent
powers: probably we have made
larger progress toward reconstruc-
tion. Had we escaped the coal and
railway strikes, which had no excuse
for their beginning and less justifica-
tion for their delayed settlement, we
should have done infinitely better.
But labor was insistent on holding TO
the war heights. and needless forces
Of reaction sought the pre-war levels
and both were wrong.
"The railway strike accentuated
the difficulty of the American farmer
The first distress of oreadjustment
came to the farmer, and 1t will not
be a readjustment fit TO Pbide until
he is relieved The 6istresS brought
10 the farmer does not affect him
alone. Agricultural i'll fortune is a
national IN fortune
This Conrgess already has taken
recognizance of the misfortune
which precipitate defation brought
10 American agriculture
Farm Loan Bureau
"The farm loan bureau, which al
'eady has proven its usefulness
the federal land banks, may
yell have its powers enlarged to pro
.ide ample farm production credits
Is well as enlarged land credits. |
special provision must be made for
livestock production credits and the
init Of land loans may be safely en-
arged. Various measures are pend
ng before you and the best judgment
Il Congress ought to be expressed in
prompt enactment at the present
ession.
II know of no problem exceeding
n Importance this one Of transporta
ion. We have built forty per cent
/ the worlds mileage and yet find
/ inadequate TO our present require
nents. When we contemplate the
nadequacy OF today it is easy 10 be-
eve that the next few decades will
fitness the paralysis OF our trans
ortation-using social scheme or
reorganization on some new
asis.
"This transportation problem can
OF be waived aside. The demand for
,wered costs of farm products and
asic materials cannot be ignored
ates horizontally increased TO meet
icreased wage outlays during the
ar imitation. are not easily reduced.
Railways are not expected to rem
sr the most essential service In our
,ciaI organization without a fair re-
i'm ON capital invested but the gov 3
-nment has gone so far in the regu- I
tion OF rates and rules Of operation r
AT Il has the responsibility OF {
,intne the way to the reduced Z
eight costs SO essential 70 your ma q
onal welfare s
Government operation does not :
ford the cure Clearly the man
-ers are without the interesrrier +
cooperative relationship 50 highly 5
ennffal 70 the best and most Geo