Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1923-12-13
COOLIDGE TO
FOLLOW Views
OF HARDING
President Outlines Policies in His
First Message to the
Lawmakers.
IS OPPOSED TO A BONUS
Against the League of Nations, but
Favors the Establishment of
Worlds Court of Justice
Does Not Want Further
Railroad Legislation

Railroad Legislation
Washington.-Pre Coolidge, in
his first address to the congress. said,
in part:
Since the close of the last congress
the nation has lost President Harding
The world knew his kindness and his
humanity, his greatness and his char
Rcter. He has left his mark upon his
tory He has made justice more Ger
tain and peace more secure The sur
passing tribute paid to his memory as
he was borne across the continent to
rest at last at home revealed the place
he held in the hearts of the American
people. But this is not the occasion
for extended reference to the man or
his work. In this presence. among
those who knew and loved him, that
Is unnecessary But we who were as
ISOLATED with him could not resume
together the functions of our Office
without pausing for moment and IN
his memory reconsecrating ourselves
to the service of our country. He is
gone. We remain. It is our duty. un-
der the inspiration of his example, to
take up the burdens which he was per-
mttted to lay down, and to develop and
support the wise principles of govern
ment which he represented.
Foreign Affairs.
For us peace reigns everywhere. We
Nesire to perpetuate it always by
granting full justice to others and re-
auiring of others full justice to our
selves
Our country has one cardinal prfn-
ciple to maintain in it's foreign policy.
1t is an American principle. It must be
an American policy We attend to our
own affairs, conserve our own strength,
and protect the interests of our own
citizens; but we recognize thoroughly
our obligations to help others, reServ-
Ing to the decision of our own judg-
ment the time, the place, and the meth
od. We realize the common bond of
humanity. We know the unacceptable
law of service.
to adopt and ratify the covenant of the
League of Nations. We have not felt
warranted in assuming the responsible
ties which its members have assumed.
/ am not proposing any change in this
policy; neither is the senate. The Incl
dent, so far as we are concerned. is
World Court.
Our foreign policy has always been
guided by two principles. The one is
the avoidance of permanent political
alliances which would sacrifice our
proper independence The other is the
peaceful settlement of controversies
between nations. BY example and by
treaty we have advocated arbitration
member of The Hague tribunal and
have long sought the creation of a
permanent World Court of Justice. l
am in full accord with both of these
policies. 1 favor the establishment OF
such a court intended to include the
whole world. That is, and has long
been. an American policy
Russia.
Our diplomatic relations, lately so
largely interrupted, are now being re-
sumed, but Russia presents notable diff
f1culties We have every desire to see
tionai friends restored tortfreir posi-
tioE among the nations of the earth.
We have relieved their pitiable destitu-
h .a1n.a vf&N Arr
government Offers no objection to the
carrying on of commerce by our citi-
zens with the people of Russia. Our
government does not propose, however.
to enter into relations with another
regime which refuses to recognize the
sanctity of international obligations.
privilege of trade any Of the cherished
rights of humanity. l do not propose
to make merchandise of any American
principles. These rights and principles
must go wherever the sanctions OF our
government go. But while the favor
of America is not for sale, l am will
ing to make very large concessions for
the purpose of resculng the people OF
Russia. Already encouraging evidences
of returning to the ancient ways OF
society can be detected. But more are
needed.
Debto.
The current debt and interest due from
foreign governments, exclusive. of the
British debt of $460 600 600, is about So
H0O,UU0,0UU. DO not FAVOR the cd1celdIIOn
of this debt, but l see no objection to
adjusting in accordance with the prin-
ciple adopted for the British debt. Our
country would not wish to assume the
role of an oppressive creditor. but would
maintain the principle that financial OBJ
legations between nations are likewise
moral obligations which international
faith and honor require should be dis
Fiscal Condition.
Our main problems are domestic prob
lens. Financial. stability is the first
requisite of sound government. We can
not escape this effect of world conditions.
We cannot avoid the inevitable results
of the economic disorders which have
reached all nations. But we shall di-
minish their harm to US in proportion as
we cont7ue to restore our government
finances TO a secure and endurabe posi-
ton Ehis We can and must do. Upon
that FIRM foundation rests the only hope
of progress and prosperity. From that
source must come relief for the people
This being accomplished by a drastic
but orderly retrenchment, which is bring
ing our expenses within our means. The
origin of this has been the determinat ton
of The American people. the main sup
pcct has been the courage of those in
Authority, and the effective method has
hAen the budget system. The result has
involved real sacrifice by department
heads, but it has been made without
hnching. This system is a law of the
congress. 1t represents your will 1t
must be maintained. and ought to be
strengthened by the example OF your b.
servance. Without budget system
there can be no fixed respoaS ibility and
no constructive scientific ect my.
Tariff Law.
The present tariff law has accomplished
its two main objects 1t has secured an
abundant revenue and been productive
of an Astounding prosperity. Under it
the country has had very large eX-