Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1923-12-11


not meet every desire, 1 therefore COM
mend it to the favorable consideration
of the Senate, with the proposed reserva-
tions clearly indicating our refusal to
adhere to the League of Nations.
About Russia, President Coolidge made
himself perfectly plain when he declared thai
while we have every desire to see Russia
restored to her position among the nations Of
the earth, we do not propose to enter into
relations with another regime which re-
fuses to recognize the sanctity of interna
tional obligations"
IT do not propose to make merchandise OF
any American principles" he said. "These
rights and principles must go wherever the
sanctions of our government go. But while
the favor of America is not for sale, am
willing to make very large concessions for
the purpose of rescuing the people Of Rus
STA" He added:
Already encouraging evidences OF re-
turning to the ancient ways of society
can be detected. But more are needed.
Whenever there appears any disposition
to compensate our citizens who were de-
spoiled, and to recognize that debt con-
tracted with our Government, not by the
Car, but by the newly-formed Republic
of Russia; whenever the active spirit of
enmity to our institutions is abated;
whenever there appear works mete for
repentance; our country ought to be the
first to go to the economic and moral
rescue Of Russia. We have every desire
to help and no desire to injure. We
he at W
can act.
The President will find many who agree
with him that "our main problems are do
mestic problems" and who agree, also, that
financial stability is the first requisite of
sound government" 1t was in his discus
sion of this problem that the President dis
cussed subject that should appeal strongly
to the members OF the Georgia general as
sembly.
The budget system, he says, has been the
main reliance Of the government In the &C
complishment Of drastic but orderly re-
trenchment, which is bringing down expenses.
The Georgia general assembly just now Is
wrestling with the question of a budget
system.
without budget system there can be no
tifc economy" said the President This ap-
plies with equal force to the state of Georgia.
In consequence of the effective operation
of the budget system in the federal govern
ment, President Coolidge pointed out, it is
possible to make large reduction in the taxes
of the people. Touching further on taxes,
the = esident said:
toll,
earned incomes, and further abolition
of admission, message, and nuisance
taxes. The amusement and educational
value of moving pictures ought not to be
taxed. Diminishing charges against mod
crate incomes from investment will af-
ford immense relief while a revision Of
the surtaxes will not only provide addi-
tional money for capital investment, thus
stimulating industry and employing more
labor, but will not greatly reduce the
revenue from that source, and may in
the future actually increase it.
Being opposed to war taxes in time of
peace, 1 am not in favor of excess
profits taxes. A very great service could
rendered through immediate enact
ment of legislation relieving II people
of some of the burden of taxation. To
reduce war taxes is to give every home
a better chance.
The President expressed his belief that
consolidation appears to be the only feas-
ible method for the maintenance of an ade-
quate system of transportation with an op-
portunity SO to adjust freight rates as to
meet such temporary conditions as now pre-
vail in some agricultural sections. Compe'
tent authorities agree that an entire reor-
ganization of the rate structure for freight
is necessary This should be ordered by
congress at once
Mr.. Coolidge touched upon a subject OF
i'm late Importance to Georgia when he
urged legislation to carry out the recommen
dation of the Judicial Council that two more
district judges are needed the southern
dist-.,t {. New York, one in the northern
district of Georgia, and two more circuit
judges in the Circuit Court of Appeals of the
Eighth Circuit
The President believes that treaty now
being negotiated with Great Britain with re
spect to the right of search of "hoverins
vessels will aid in the suppression of liquor
smuggling. He also urged that provision
be made for strengthening the coast guart
with a supply of swift power boats as a fur
Their means toward this end.
A commission composed of representatives
OF both races to formulate better policy fol
mutual understanding and confidence be
tween the races, was urged by the President
However, he declared that it is we'll enough
to recognize that the difficulties to large
extent are local problems which must b.
worked out by mutual forbearance and HUI