The Monett times., 1922-07-21

Nlut CICthI ioi CilcIi, VIC CISdtSO q IC-
volving fund of one billion dollars in
the hands of the War Finance Cor
poration; we have actually paid off
one billion dollars of the public debt,
4 without creating any new obligation
on the Treasury.
| Under the leadership Of President
Harding, an Intertoainal Conference
on the Limitation Of Armaments was
assembled at Washington and treaties
were made by which the expansive
and burdensome competition in build
| ing ships of war has been ended and
at the same time the United States
has secured place Of equality in sea
4 power with Great Britain and place
superior to that of Japan, the next
great Naval Nation, as five is to
three; under the leadership of the
President other treaties were made,
by which all controversies tnat may
hereafter arise between ourselves and
any of the Nations having interests
or possessions IN the Pacific Ocean are
to be settled by conference and >arbi
tration instead of by resort to war.
All these benefits have been secured
for us without our becoming in any
wise entangled in European or Asiatic
| policies.
| Farmers of this section find their
principal markets for their surplus
/ products in the consuming population
that lives along our side of the Great
Lakes and in that vicinity. The ex-
oessive freight rates for the long dis
tance haul from the Mississippi Val
! ley to those customers and the low
water rates across the lakes had
turned those markets for farm pro-
ducts to the farmers Of Canada.
The vast importation Of foreign
made goods where labor was made
cheap by the necessity of hunger and
impoverished by war; worked for
starvation wages, is today entering
our markets in such quantities that
millions of our wage workers are out
of employment and with their lessen
ed power to buy have added their own
distresses to that Of agriculture and
with the loss of markets on account of
high railroad rates and the losses OF
customers from industrial depression
agriculture was suffering beyond that
of all others and demanded relief
from Congress.
Having first passed the Emergency
Tariff Bill to protect our farmers
from ruinous competition from
Canada and elsewhere, in July 1921, /
we passed through the House of Rep /
resentatives, a general Tariff law
with such rates on imports as were
found to represent the differences in
the cost of production at home and
abroad and which we believed to be
absolutely necessary to make possible
the resumption of business and the re-
turn to prosperity. This bill is now
being considered in the Senate and
gives ample protection to every in
dustry and every interest of the fif-
teenth district, and especially to agri-
culture and to mining.
In sections like Aurora, Joplin,
Webb City and Carterville and the
zinc mining region if our old time /
prosperity is to be revived we must !
reopen the zinc mines. In the Tariff |
Bill above referred to | was able to /
secure duty on zinc ore of one and !
one half cents per pound on the me-
tallic contents of all zinc ores import
ed from foreign countries. The value
of this measure to that portion of the /
district engaged in zinc mining, will I
be seen when it is understood that /
under the present Underwood Tariff
law, the duty on zinc ores is ten per
cent ad velorem, which means ten per
cent on the value of the ore in the
country from which it is imported.
The value Of foreign ores imported
under the Underwood law as shown
by the reports of the Treasury. is
1892 and the duty paid on each ton
brought in was 99c instead of the SIS,
the rate l have been able to secure in
the present bill, we passed last July.
The record we have made so far
constitutes a splendid record of ac-
complishment and makes no mean
program upon which to appeal to the
people for vote of confidence. Much
remains to be done by the next Con-
gress and in the primary that candi-
date should be chosen by our party
who can make the largest contribution
to the work ahead.
We have two hundred fifty thous-
and disabled soldiers of the late war;
we have thousands of veterans of the
Civil and Spanish American wars and
4 4. 4 Al.