The Cordova daily times., 1923-03-13

Sixty-seventh Congress, coming to an end last Monday in fanfare of oratory and last-minute confusion, will go down in history as "The Reconstruc- tion Congress-"
 The Democrats may dispute the title, asserting that little real recon struction has been accomplished, but the Sixty-seventh remains, neverthe- less, as the first Congress elected since the war, and it concerned it. self for the most part with matters that were incidental to the war.
 Praised by the Republicans and heartily damned by the Democrats, the expiring Congress has seen more legislative fighting and more forensic furore than any Congress in recent history. It swept into the Capitol on the crest of the great Harding land slide, with Republican majorities in both House and Senate greater than ever before. The Republican majori- ties were, in fact, too great for eff cient party management, leading to the establishment of numerous blocs and factions, of which the Farmers Bloc, composed of Democrats and Republicans alike, is the most out standing example.
 Accomplished Much Vital Work
 Regardless of partisan pickering, the Sixty-seventh Congress bids fair to go down in history as one of the notable ones, if for no other reason than the importance of the work completed.
 It established peace with Germany after the World War; it initiated and approved the epochal limitation of the worlds navies in the Washing ton Armament Conference, and it approved the Four Power Pact, bind ing the United States, Great Britain, France and Japan to maintain the peace of the Pacific for an indefinite number of years.
 Congress also provided for settle ment of the $11,OOO, 100000 war debts owed to the United States by Euro pean governments. It created an American Debt Funding Commission composed of three Cabinet officers and one member each from the Sen ate and House to negotiate with the debtor nations terms of settlement
 When Congress expired only one such settlement had been reached that with Great Britain, under which the British undertake to discharge their $5,00O,000O00 within 62 years at a rate of interest not to exceed 3 and one-half per cent.
 These were the principal achieve ments of the expiring Congress in foreign affairs.
 In domestic affairs it has accom- plished a tremendous volume of work, covering a wide range of subjects iIolll IdAeS lO peer.
 Revised and Repealed Taxes
 One of the first jobs tackled by the new Congress when it came in on March 4, 1921, was the revision of tax laws. It repealed the excess profits taxes, over the strenuous pro- tests of the Democrats, and it re- pealed the onerous luxury taxes which had been prolific of consider able complaint since the end of the war. It modified in various ways the income tax law.
 A budget system of running Gov ernmental expenditures was adopted, doing away with the old loose sys- tenn of lump sum appropriations for projects of all kinds.
 No Congress in history ever en- acted or attempted to enact such a volume of relief legislation for agricultural interests as did the Sixty seventh.
 Hard hit by the deflation of 1920 21, and the disastrous fall of prices for farm products, the farmers des- cended upon Washington en bloc and en masse, demanding relief The country banks were filled with paper and were loaned up to the hilt. At one time farm representatives ap- bearing before committees in Con- gross estimated that 100000 farm mortgages were in imminent danger of foreclosure as a result of low prices, tight credit and all-around depression.
 Gave Birth to "Farm Bloc"
 This situation gave birth to the farm bloc" and, if for no other reason, the Sixty-seventh Congress will go down in history as having been the father of this ambitious