Albuquerque morning journal., 1922-09-08

pledge our devotion to the great
constructive principles Of the Re-
publican party.
We congratulate the national
Republican administration upon
its splendid achievements under
the leadership of our great presi-
dent, Warren G. Harding.
When the people by a great
popular majority turned the af-
fairs of government over to the
Republican party two years ago
we were still at war with Ger
many, and the people of every
nation were groaning under the
burden Of taxation.
To the republican party was
delegated the task of solving the
greatest problems that ever con-
fronted a sovereign nation, prob
lens both foreign and domestic
resulting from the greatest war
in history and eight years of dem
ocratic laundering, waste and ex-
| travagance.
World War Debt
The nations of the world were
struggling under a war debt OF
over four hundred thousand mil
| lion dollars. Foreign currency was
demoralized and foreign trade
impossible. At home we found a
public debt of twenty eight bill
lion dollars.
A blundering democratic ad-
ministration dominated by inter-
national bankers and stock spec
| II hrntterht n
liquidation, deranged our credits,
forced Liberty Bonds purchased
by devoted and sacrificing peo-
pie down to eighty-five cents on
the dollar, and threatened our in
dustries with destruction.
Undesirable immigrants seeking
to avoid the burdens of war torn
Europe were flocking to our coun-
try.
The war machine created by
the democratic administration
was running amuck and destroy
ing the financial resources of our
government. Countless thousands
of unnecessary employees were on
the government payroll.
World Peace
We enthusiastically commend
the achievements of the repub-
lican national administration look
ing to world peace. AT the close
of the world war, the hope of
permanent peace was uppermost
in the minds of the American
people. The task of solving this
great problem was entrusted to
President Wilson. After months
of work amid the intrigues of
European diplomacy, he brought
back the league of nations. In
this un-American document, every
tradition and. ideal of our coun-
try was cast aside. Washington's
farewell address became a SCRAP
of paper and the warnings of
our fathers were forgotten. The
issue was submitted to the Amer
lean people and verdict render
ed against President Wilson and
the league of nations by a major
ity of more than seven million
votes for Warren G. Harding.
A republican president and con-
gress Immediately gave us peace
with Germany with America S
honor upheld, her traditions and
institutions safeguarded, and her
rights fully and adequately pro-
tected.
Under the leadership of our
great president and the directing
hand of our great secretary of state,
we held and consumated a world
conference of nations. In twelve
weeks this conference negotiated
peace treaties which ended naval
competition, lifted from the nation
great and ever-increasing burden
of armament, and effected the
greatest step toward world peace
in history without the sacrifice of
American rights. American honor
or American institutions.
We submit to the people these
concrete examples Of governmental
policy as illustrative of the differ
ence between the impotent efforts
of democratic administration and
the great constructive policies of
the republican party.
Progress of Economy.
At home a republican congress
tset about to carry out program
Of economy. Federal employees at
Washington were reduced from one
hundred and nineteen thousand to
seventy-three thousand, and in the
country at large, three hundred and
twenty thousand federal employees
were dropped from the roll.
A national budget law was en-
acted which will eliminate all pork
barrel legislation and will be an
effective barrier to the wasteful
expenditures which characterized
the last democratic administration.
The republican party during the
first twelve months reduced the
peoples tax burden eight hundred
million dollars; reduced annual ap-
preparations one and one-half bill
ion dollars, paid off approximately
four billion dollars public debt
and enacted effective measures for
the funding and payment Of debts
due us from foreign nations.
Departments ReOrganized.
By reorganization of the de-
partments of the government, the
administration has effected a saw
ing in national expenses of over
'one billion dollars per annum, and
for the first time in history, has
placed the government Of the
United States on a business basis,
by the adoption of the budget sys-
tenn.
The agencies dealing with dis
abled veterans were reorganized
and efficiency and expedition sup
planted the inefficiency and delay
of the preceding administration,
and during the last twelve months
one and one-half billion dollars
has been expended for the relief
of sick and disabled veterans. We
favor the enactment of an adjusted
compensation measure which will
do justice to those who SO iobly
served their country in time of
peril.
Immigration Restricted.
To protect American labor from
a flood of European immigration
for the first time in history an ef-
fective law. was enacted limiting
and restricting foreign immigration.
Owing to the drastic deflation
policy Of the democratic admins
tration, the agricultural and live
stock Industries Of the country
were facing complete destruction
from which they were saved by
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