The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1923-12-05
Editorial Digest Of the Week
THE M'ADOODLING HAS BEGUN
From The National Republican

From The National Republican
The most active presidential candidate in the country is Will
liam G. McAdoo. The son-nlaw of the last Democratic national
administration is going after the job as if he were a candidate for
constable. His financial backing is evidently liberal and the Demo-
cratic national organization seems to be fmctiOnng as a sort
of tail to his political kite. 1t is not to be denied that the gentle
man from Tennessee-WalI Street-Caifornia and elsewhere is
making rapid progress in his campaign, and unless his opponents
for the nomination show more speed than is yet in evidence the
fight may be over before it gets well started.
Just what Mr.. McAdoo stands for other than his desire to
procure the presidency and an opportunity to put the country in
the same shape in which he left the railroads has never been
made so very clear. An article in the Outlook by one of Mr.. Nc
IAdoos close friends, George F. Milton, Jr, on the subject what
Mr.. McAdoo Stands For" sheds considerable darkness on the
subject.
We are told by Mr.. Milton that it is not true that Mr.. McAdoo
is unsafe" on the railroad question. The Plumb plan and rail-
road ownership crowd is not supporting MI. McAdoo with any as
surance that he intends to renew his effort to polihcahze rail-
reading. All that Mr.. McAdoo believes is that the railroads should
stay in private hands if their owners will reduce the rates, in
crease the wages and otherwise demonstrate their inability or
ability to handle the problem of transportation satisfactorily to
everybody with reduced revenues and increased costs. Mr.. McAdoo
in favor of giving the railroads a chance to perform this miracle
before he steps in again to double the labor costs, lower the freight
rates and pay the operating deficits out of the federal treasury. No
more anyone could ask.
Mr.. McAdoo, we are told, knows just what is the matter with
the farmer. He needs more markets, lower freight rates and higher
prices for his products. Mr.. McAdoo has these in his lower left
hand vest pocket. Europe wants to buy, but can't finance her
purchases. All we need to do is to %straighten out everything in
Europe, and Mr.. McAdoo is the best of all the straighteners. If
given a chance he could compose Europe in a couple of months. Of
course Europe is buying more of our farm products than she did
before the war, but when Mr.. McAdoo gets the European stand
ing armies dissolved and the soldiers back on the farms raising
stuff in competition With the American farmer, it is clear that the
prices of farm products will rise. Wheat may go up to So cents a
bushel, where it was under the Wilson-McAdoo administration in
the summer of 1913.
Then the farmer should have more of the consumers dollar.
With a cooperative organization and credit facilities Mr.. McAdoo
will tend to this. 1t was all done once before when Mr.. McAdoos
party was in full charge of the government for six years, and this
and all other pressing economic problems were solved as per prom
Use. But someway the thing has slipped, and we have to dig up
more remedies for what economically as us. "The interest OF the
farmer and the south deserves governmental consideration as
much as the ship owner and the steel manufacturer. MI. NC
Adoo made a bit of a reputation himself as member of a law
firm that was busy in Washington seeing to it that some ship own,
ers had their rights"
The Fordney- McCumber tariff bill, "an economic abortion
in the eyes of enemies of the protective tariff, must make way
! for the tariff law, perfectly satisfactory to everybody, that Mr.
r McAdoo has concealed in his mind. "The American valuation plan
8 subterfuge for excessive increases in tariff rates, must be dis
) carded." Mr.. McAdoo has been too busy in law and moving pic
s. lures to notice that the American valuation plan was not adopted
f by the trainers of the present tariff law and is not a part OF ou
a present system. From an American standpoint, 1t is unfortunate
f that the American valuation plan was discarded. This plan pro
+ vides that tariffs shall be levied on the basis of the price at which
il an article is offered at wholesale in this country, not at which
" is bought in debased currency abroad. Whenever a Democrat
Il politician figures the increased cost he alleges is caused by
in tariff rate, he does his arithmetic on the home price basis.
Nh. McAdoo is for a soldier bonus that can be paid withou
lie costing the taxpayers anything. He is for economy and efficienc
ct in public administration as it was practlced under the natlons
es administration he served as secretary of the treasury. He is flo
the league of nations without European ENHANCEMENT. He
ne "crystaIIzng the liberal forces" about himself-and if you don
ne believe Mr.. McAdOO ana ms crOWO ~ nDeTa, just ask InS
is plus contractors, the wooden-ship builders and the rest OF tn
a BOYS who flourished around Washington during the widest satul
ed MALTA of waste and INCOMPETENCE the world ever witnessed. In
C. magnitude of the McAdoo campaign activities proves that som
ne pretty liberal people are putting up for it.
to President Wilson has no sons. The best the county can do
tie recognize an heir apparent is to take on his son-inlaw. In d.
ing so they may be assured they will be let in for everything ths
a. happened to them during the last Democratic administration VII
ne the exception of the ideahsm that at least was often talked abOu
nd even if infrequently applied.
D.
A Hfe-termer at Sing Sing broke a rule, and the State Prise
&c Department solemnly punished him by adding forty days to h
es sentence. New York, you know, has a Democratic Administer