The Nome nugget., 1924-05-03


 business and their jobs to suffe iha rtishi?S and risk their lives at tn, call of their country.
 Fourth. As a step toward the re lief of the farmers of the countr, and as an act of justice to the pub lie generally the repeal of the Esch CImmsns law and a reduction o | freight and passenger rntes.
 Fifth. A revision of the Fedora reserve banking law to the end thai these great financial institutions b, SD run that there will be no discrim. iration against [ small merchant the farmers and the laborers or any class of citizens.
 "President Coolidge disposes oi the demands of the eX-serwce men, who fought 10 finish the World War, in just nine words: I am not iE flavor of bonus do not like the word bonus when applied to our returned soldiers. I am not in favor of gift or premium or q subsidy to anyone, not even to the Steel Trust or the shipping interests. But am in favor of the United States wing its just debts. If you owe the men who fought the war further ron. pensagtion, and think we do. it should be paid even if We have to increase he taxes on the profits of business during and after the war to pay it. We aM remember what we promised the boys when they were ca He'd upon to fight for world deun- ocracy There was nothing too good fer them--nOt even the S1.20 per day did not then seem excessive cigarettes whiae they fought in the trenches. But when they came back it was another story The interests, relieved of the fear of German in vasion and a possible indemnity. had ra further use for the boys who hat risked the perils of war that they might pile up profits at home. It is simply q question of compensation for service rendered.. If the Nation owes it. let the debt be paid, and uat without amy more pickering. Congress recognized the principle of adjusted compensation when it granted bonus of s20 per month to employees in Washington in recog- present deplorable condition in the ia inning districts is the excessive freight rates charged by the ra.l- roads and authorized by the Inter- state Commerce Commission under the Esch- -CmmmGns law Even the President in his annual message tp Congress said Competent authori ties agree than an entire reorganiEa- tion of the rate structure for f"eigh; Is necessary This may mean some thing and ii may mean nothing. That there is something rotten in Den mark everyone but the rallrnads themselves admits.
 Wherever the Esch-Cur o?ins ia~ vas made an issue .u the last cleo ton, and it was made an issue in nearly every WeSter, State. he peo- ple demanded it's repeal Tic pro- ponents of t'r law and 'hCss who voted for it in Cong resS were a' general rulo. retired to p-!"cte life. I do not inl"nd to discuss the .-anS- rortltion problem. it is too bis; sub ie.t to cv": touch upon n'r4, bui I "o want |" cadl attentipr to ,he ii nt made :, the reaction"'v forces l.: ;Eo Senate to keep Senator Chm E n, the orarthor of tlc law as chairman of the Interstate '",c- merce Committee. Notwithstanding the mandate of tle people wherever they nave hdNl i No tAPit7sS themselves, demanding the repeal of this law. the majority of the Repub- lican Senators and one Democrat Senator Bruce of Maryland-contin- ,.c to vote for Cummins for chairman of this important committee which has change of railroad legislation. This was the first test of strength in the Senate and the result is uncer- tain.
 Fully 50 per cent of the banks in the Northwest have been financially embarrassed during the last two years and many have closed their doors, and unless something be done to relieve the situation many will clcse during the coming year. These wholesale failures are the direct re-
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