The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1923-06-29

I organization to promote and encour-
age through measures of credit and
finance, proper organization of the
consuming community in both cities
and country. 1 have not attempted
to work out even an outline much
less the detail of such a system but
| 1t is possible, feasible and certain to
command the sympathy of men and
women who have the true interest of
the country at heart l hope to be
able, as the result of studies and in
vestieations to recommend for the
consideration of the Congress, meas
ures which shall represent a begin
ming along this line. 1t Is a big and
pregnant subject to which no man
or woman can deny the fullest and
most careful consideration. The gov
ernment should give the largest en-
enlargement. consistent with sound
economics and proper government
functions, to every effort of the peo-
pie to help themselves in dealing
with the high cost of living and the
relationship of incomes to our
household budgets.
Use Banking Principles.
Il have wondered If it were not
possible, for example, that scheme
of cooperation among consumers,
financed in part at least through a
carefully organized and supervised
adaptation of the principles of the
savings bank or the building and
loan society, might be made to serve
splendidly useful purpose in this
department of our economic life. /
think this would be preferable to
having limited sections of the com
munity undertaking to establish
financial independence and economic
solidarity as some of them have late
ly been doing The development of
such a general program into a sound
working business scheme would
doubtless be found chiefly an affair
of the state governments, but one In
which the jointure of state and ma
tional industries might prove prac-
ticable and even necessary.
Il bring this suggestion OF a d.
rection which might be given to &C
tivities7 of the kind. l believe the
suggestion is worthy of careful con-
sideration. l am convinced that its
discussion would be fruitful of good
results and reminder to some who
are disposed to take unreasonable
tolls from the consuming and the
producing public; that this public
has the right, the power and the
ability to devise means to protect 1T
self.
Favors Independence.
The aim and object of our every
policy must be the establishment and
maintenance of an Independent and
self respecting, reliant and industri-
GUS Intelligent and Self-helpful
American citizenship. We seek to
encourage thrift, to promote saving,
to make the American home the
headquarters of an ever broadening
culture a larger understanding of the
complex problems of our times and
of a determined aspiration for the
fullest measure of economic and So
cial justice"
One of the largest, if not the
largest of audiences that have heard
the President give an observation
platform address, listened to the
chief executive.
Governor Moore Introduced the
President as at Pocatello earlier in
the day. The governors Introductory
address at Pocatello had been mat
ter of comment among some members
of the party en- route and he told
the President in the course of his
remarks that I'VE the people of
Idaho) are with You in your refusal
to recognize foreign nations until
they recognize right from wrong"
This declaration was interpreted by
some as having reference to Russia
and in that connection Senator Bo-
rah's advocacy of the Russian recog-
milton was recalled. Senator Borah,
explaining that he had an engage
break. said goodbye to the presi-
Dental party Just before the train
left Pocatello. The presidential spe-
cial train stopped for few min
utes en- route here at Blackfoot,
where the President reiterated pre-
viously expressed assertions that the
receptions accorded him had given
him a renewed faith in the republic
and a revived desire to discharge
faithfully the duties of his office.
The President and Mrs. Harding
were kept busy during their three
hour stay here One of the features
of their visit was an inspection trip
to a new irrigation project. The
presidential train left soon after
o'clock for Montana, where the
President will make two addresses,
one at Butte and the other at
Helena.