The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1923-12-14
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 a
Worlds Court of Justice
Does Not Want Further
Railroad Legislation

ashington.-Iresident Coolidge, in
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
acter. 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
gone. We remain. 1t is our duty. I'M
der the inspiration of his example, to
take up the burdens which he was per-
mitted to lay down. and to develop ana
support the wise principles of govern
ment which he represented.
Foreign Affairs.
For us peace reIgns everywhere. We
desire to perpetuate il always by
granting full justice to others and re-
curing of others full justice To our
selves.
Our country has one cardinal prin-
ciple to maintain in it's foreign policy.
1t is an American principle 1t 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
cd. We realize the common bond of
humanity We know the unacceptable
law of service
Our country has definitely refused
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
i am not proposing any change in this
policy. neither is the senate The incl
dent. 50 far as We are concerned. Is
closed
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
peaceful settlement of controversies
between nations By example and by
treaty we nave advocated arbitration
For nearly Is years We have been a
member of The Hague tribunal. and
have long sought the creation of a
permanent World Court of Justice |
am in full accord with both of these
policies. ] favor the establishment OF
such court intended to include the
whole world That is, aud has long
been. an American policy
Russia.
Our diplomatic relations. lately so
largely Interrupted. are now being re-
Bumeu. but Russia presents notable diff
fculties. We have every desire to see
that great people. who are our tradi
tional friends. restored to their posi-
tion among the nations of the earth.
We have relieved their pitiabie destitu-
tion with an enormous charity Our
government Offers no objection to the
carrying on of commerce by our citi
Gems 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
do not propose to barter away for the
privilege of trade any Of the cherished
rights of humanit& l do not propose
to make merehandise of any America r
principles These rights and principles
must go wherever the sanctions OF ouI
government go. But while the favor
of America is not for sale. am will
ing TO make very large concessions FOL
the purpose of rescuing the people o
Russia. Already encoura ging evidence:
of returning to the ancient ways o
society can be detected. But more arr
needed
Debts.
The current debt and interest due from
foreign governments. exclusive of tn
British debt of s4.6o0.000 900. is about 81,
10000. COO l do not favor the cancellation
of this debt. but | see no objection t
adjusting in accordance with the prin
ciple adopted for the British debt. Gu
country would not wish to assume tn
maintain the principle that financial OBJ
legations between nations are likewiS
moral obligations which internationa
faith and honor require should be dis
charged
Fiscal Condition.
Our main problems are domestic prob
lens. Financial stability is the frs
requisite of sound government. We can
not escape the effect of world conditions
We cannot avoid the inevitable result
of the economic disorders which hav
reached all nations. But we shall di
minish their harm to us in proportion a
finances to a secure and endurable pos
tion This we can and must do. Upo
that firm foundation rests the only hop
of progress and prosperity. From tha
source must come relief for the peopl,
This being accomplished by a drasti
but orderly retrenchment. which Is brint
ing our expenses within our means. TIL
origin of this has been the determinatio
of the American people. the main SUI
port has been the courage of those
authority. and the effective method ha
been the budget system The result ha
involved real sacrifice by departmer
heads. but ii has been made withol
fiinching. This system is law OF III
congress. 1t represents your will
must be maintained, and ought to
strengthened by the example of your oil
servance. Without q budget systei
there can be no fixed responsibility an
no constructive scientific economy.
Tariff Law.
The present tariff law has accomplishe
its two main objects. 1t has secured a
abundant revenue and been productiy
of an Astounding prosperity. Under
the country has had very large e,