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
Worlds Court of Justice
Does Not Want Further
Railroad Legislation

Standardization Coolidge, in
his first address 10 the congress. said,
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
to the service of our country. He is
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 and
support the wise principles of govern
ment which he represented.
Foreign Affairs.
For us peace reIgns everywhere. We
desire to perpetuate it 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 its foreign policy.
1t is an American principle. 1t must be
an American policy. We attend TO our
own aHairS, 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
humanity We know the unacceptable
law of service
Our country has definitely refused
to adopt and ratify the covenant of the
warranted in assuming the responsible
ties which its members have assumed
j 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
proper independence The other is the
peaceful settlement of controversies
between nations. By example and by
treaty we nave advocated arbitration
For nearly - years We have been a
member of The Hague tribunal. and
have long sought the creation of a
perma nent World Court OF Justice |
am in full accord with both of these
policies. ! favor the establishment of
such court intended TO include the
=
been. an American policy
Russia.
Our diplomatic relations, lately so
largely interrupted, are now being re-
sumeu. but Russia presents notable diff
fcuties. We have every desire to see
that great people. who are our tradi
tional friends restored to their posi-
ton among the nations of the earth.
We have relieved their pitiabie destltu-
ton with an enormous charity. Our
Direction
carrying on of commerce by our citi
Zens with the people of Russia. Our
to enter into relations with another
regime which refuses to recognize the
sanctity OF international obligations
do not propose to barter away for the
rights Of humanitS l do not propose
to make merchandise of any American
principles. These rights and principles
must go wherever the sanctions of our
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 81
society can be detected. But more are
needed.
Debts.
The current debt and interest due from
foreign governments, exclusive of thu
British debt of s4,600.O60.0O is about 81,
eO, 000, 600. do not favor the cancellation
OF inns OeDt. Out L see no ODJ6cIlOn u
adjusting in accordance with the prin
ciple adopted for the British debt. On
country would not wish to assume tn
role of an oppressive creditor. but woul'
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
we continue to restore our government
finances to a secure and endurable pos
ton This we can and must do. Upo
that firm foundation rests the only hop
of progress and prosperity. From tina
source must come relief for the people
This being accomplished by a drasti
but orderly retrenchment. which is bring
ing our expenses within our means. tn
origin of this has been the determinatio
of the American people. the main sur
authority. and the effective method ha
been the budget system. The result ha
involved real sacrifice by departmer
heads, but 1t has been made withot
congress. 1t represents your will
must be maintained, and ought to /
strengthened by. the example OF your oil
servance. Without budget syStel
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 productiV
of an Astounding prosperity. Under