The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1924-08-14

600 have been rehabilitated, $4,000 Of
whom are earning more than they did
before the war. Compensation Is be-
ing paid at the rate of about $780,
100000 a year, soon to be increased
by S30,OO0,000 more, $40,000,000 have
been provided for hospital facilities,
which are open to veterans Of all
American wars.
mo government" the President de-
clared, ever provided so generously
for those disabled by service in time
of war"
Touching the exclusion law and re-
stricted immigration generally. the
President said: Restricted imInigra-
ton is not an offensive but purely
defensive action. 1t Is not adopted in
criticism of others In the slightest
degree, but solely for the purpose OF
protecting ourselves We cast no as
pensions on any race or creed. but we
must remember that every object OF
our institutions Of society and gov
eminent will fail unless America be
kept American"
Next the President dealt with the
thIill. 10y Va q Pip '1Rti'N
tariff" he said, 1--WE have saved Amer
lean agriculture, labor and industry
from the menace of having their great
home market destroyed through the
dumping upon II of a flood of foreign
products Under this wise policy we
saw an economic revival, and our peo-
| pie as whole, In marked distinction
| from the sufferers from the financial
distress and depression of other
| lands, have come into an era of pros
perity and plenty AS a source of rev.
| enue the tariff surpassed all expecta-
| tons In producing an annual return
| of the unprecedented sum Of about
/ $550.000,000 A fiscal policy which
| places large and much needed rev
enue in the public treasury, while
stimulating business to Il condition OF
Astounding prosperity, defends itself
against any criticism. Its merits are
demonstrated by its results, We have
protected our own inhabitants from
the economic disaster of m invasion
of too many foreign people or too
much foreign merchandise"
The Washington Conference.
Next tn aceo,nanec speech dealt
with the Washington conference
whereby an end WAS put to the ruin
Gus competitive naval ornaments OF
world powers, the Importance OF
which has never been luliy realized ny
the people in general, Mr.. Coolidge
declared
TURNING IN tho aboppgt Qoyprumpnt'
Issue, President Coolidge pointed out
bluntly that In all his studies of politl-
cal history he could not recall an adj
mlnisration which was DESTROYS of a
dishonest government that, to check
extravaganza introduced budget sys-
tenn, cut taxes, purged pay rolls, made
enormous reductions in the public debt
and laid firmer foundations for the
peace of the world.
President Coolidge declared he fa-
vored the system of private American
enterprise and was opposed to the eX-
tension of government ownership and
CONTROL that he believed In economy
in public expenditures and the practi-
cal application of the tehory; that he
believed In tax reduction and tax re-
form; that he favored protection.
Favors Permanent Court.
az favor the permanent court and
further limitation of ornaments" the
President said. 81 am opposed to ag-
gressive war. shall avoid involving
ourselves in the political controversies
of Chrome hut | shall do what | can to
encourage American citizens and re-
sources 10 assist In restoring Europe,
with the sympathetlc support of our
government. | want agriculture and
Industry on sound basis of prosperity
and eouality. | shall continue TO strive
for the economic, moral and spiritual
welfare of my country, American citi-
zens will decide In the coming election
whether these principles snail nave
their approval and support,
"rhe domestic affairs of our country
appear to me to be by far the chief
concern. From this source comes our
strength. The home market consumes
nearly all our production. Within our
own boundaries Will be determined to
very large degree the economic well
j can people. These are plain facts, but
, there are others equally plain"
! Reafiirming his opposition to en-
trance into the League of Nations as a
surrender of independence, the Presi-
dena favored becoming member of
the permanent Court of International
Justice, "as peace means fundamental
ly Il reign of law" Entrance into the
so-called World court "would do much
to indicate our determination to re-
strain the rule of force and solidlfy
and sustain the rule of reason among
nations" Mr.. Coolidge said.
America HELMS Europe.
The President reviewed the d,f,,cuI.