The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1922-08-10
Borah Points the Way to Prosperity

Borah pointed out the program oil
biHs to increase the tax burden of the
people and stated that it was this riot
of expenditure of public funds (which
makes hesitancy and delay in the
consideration of the tariff bill a vir-
tue" Following passage of the tariff
bill. he said, the program proposes to
add $4,000, 100000 to $4,000, 600, 900 to
the indebtedness of the country in the
form of the soldiers bonus. This ac-
complshed, the ship subsidy bill is to
go through, carrying appropriations
aggregating anywhere from $4,000,
600 to $3.50. 900 annually; then a
bill to create "a additional federal
judges. a direct loan of s5,OOO,0OO to
Liberia, and numerous other propos-
ed legislation to increase rather than
lower taxes. Closing his masterful
presentation. Senator Borah said:
Mr.. President, in times of advers-
/ ity in a severe economic crisis, a
people, like individuals, must recur to
first principles return to the simple,
homely virtues, the only secure basis
! iNA NAAAl1i ihbAf AAAAtAi PA NoAis7N VI AAe'
tional power Two roads were open
to us and to all the world at the close
of the great war-that of waste, ex-
ltravagance. taxes and debts or that
of economy frugality, work and self
denial.
THE former leads inevitably to in
creased worry, greater misery and
ultimate ruin; the latter to content
ment. prosperity and strength So far
we have chosen the former course.
When we have heard of unrest or pol
itical discomfort. we have readily and
generously rendered an appropriation.
When the taxpayer has protested too
earnestly, we have bravely put the
burden upon prosperity
Like economic cannibals we are
preying upon one another, and, going
the cannibal one better we are now
preying upon our children and our
chidren's children.
prosperity we assume is to come,
not through individual sacrifice and
individual effort through self exer-
ton and personal initiative, but |
through the open door of the public |
treasury Although the sources of |
taxes are drying up, yet those who |
are not making their own way from /
the public treasury with what they !
could get are vending their way to-
ward it to see what is left. If I were
going to open the treasury to any
people, or if I were going to support
a continuance of this policy, I would
not turn the soldier away. But the
road over which we are travelling |,
means industrial distress and ultim-
ate disaster from which the soldier
himself can not escape. People sim
ply can not and will not much longer
carry the load which we are imposing II
upon them. We have already tested |
heir patience to the breaking point
rhe multitudes. it has been said. in all Ii
are patient to a certain {
point but no statesman has ever yet 6
)een wise enough to foretell the par I
ocular point at which that patience 7
eases. t
Il grant you that if this policy is to q
continue there is no argument by Y
which you can exclude the American a
older from participating in it's tenn i
'orary advantage; but it should also f
e said that there is no logic by which b
GU can exclude him from its per- a
lanent disadvantages. No one is f
lore deeply concerned i'm getting back n
D right principles and sound policies p
han these young men No one is
lore vitality interested in the future Il
'elfare of the country The unwis- il
ON of the course we are now pursu- il
IL will fall more heavily upon these h
Dung men and theirs in coming years %
ian upon those who are now in the Il
aces of authority. It may be vain NJ
this mad hour of political exigency m
nd reckless appropriations to urge re
iese views. but the inevitable hour 81
i'll come when the soldier himself m
i'll regret deeply regret. he ever al
nsented to become a part of any ri
ch scheme 1t may be idle-it may tn
EN- be thought presumptious-at ia
is time to speak for a different stan MS
nd. but I doubt not at all that in tn
e the needless hour when he ex- he
anged a noble heritage for less than Al
mess of pottage. The thing which OF
gave, and stood ready to give. was
thout money and without price. The 20
ing which he earned the glory pa
itch was his, transcends the mis- an
lble values of the market He does fix
rightfully belong in this futile pa
leme to rebuild civilization and re- rel
instruct a bankrupt world through
osidies, bonuses. appropriations. try
res and debts. mes
You will all recall the uneasiness oes
anxiety with which we followed II
American soldier across the sea ma
onto the battle line in Europe. He oce
been hurriedly called from the TINS
m and the workshop. from school nal
college, and, practically unsea- can
ed, undisciplined and unframed ten
t forward to meet the ordeal OF pro