Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1924-10-14
DAVIS, ENCOURAGED
SPENDS QUIET DAY
IN HOOS|ER STATE

Encouraged by the reception given
him during his address here last
night, John w Davis rested today
| in preparation for a week of steady
campaigning which he hopes will
result in assuring Indiana for the
Democratic party. The Democratic
candidate speaks in Terre Haute
: tomorrow and will leave the latter
| city Tuesday morning for Spring
field. Ill, where he speaks Tuesday
night.
Mr.. Davis will leave Springfield
| Wednesday morning, speaking in
| Quincy that night and then will go
| to Chicago for speeches there Thurs
. day and Friday night He will Spend
| Saturday in St. Louis.
Mr.. Davis carried his campaign
/ into Ohio and Indiana Saturday, de-
livering three speeches in denuncia-
ton of the Republican party, its
! leaders and the administration of
governmental affairs at Washing
ton. The third address was made
here Saturday after appearances
earlier in the day at Urbaua, Ohio,
! and Richmond, Ind
Mr.. Davis called attention in both
! IilC IIlCtIclIlct JOllo anu INICuIllOIIU
speeches to what he described as
-four years of rapid promise and
reckless misgovernment," and de-
clared "a continuation of the pres
ent situation" would mean not
Coolidge or chaos, but Coolidge
and then chaos.
At Urbana he confidently declared
Ohio would be found in the Demo
cratic lists on November 4, and saida
there was every reason for Demo-
cratic confidence on that point.
Business conditions were reviewed
at some length by the candidate in
Indianapolis. He said the Republi-
can administration took office three
and one-half years ago, "heedless
and helpless and rudderless," and
had failed to stabilize business con-
ditiOnS or restore a feeling of Sc
curity. In this connection Mr.. Davis
compared the last three years of the
Wilson administration with the first
three years of the Harding Coolidge
administration.
Cites Bank Failures
"TaIle bank failures" he said, "in
| the years 1921, 1922 and 1928, a to-
tai of 1921. and during The first six
months of 1924, a total of 428 banks
failed, with liabilities more than
double those of the last three years
under Wilson.
"ln the commercial failures the
record is equally striking. During
the last three years, under Wilson,
there were in the entire country
25,314 failures; during the first three
years under Harding and Coolidge
there were 62,04S, with liabilities
three times the liabilities of those
who failed in the Wilson admin
istratiOn, and in the first six months
of 1924 there have been 1875 com
merCial failures with liabilities more
than half of the total for the entire
years of 1913, 1919 and 1920.
In OrCer to divert attention from
these unpleasant facts and to throw
Il smoke screen over the pitiable
record of the last three and one
half years, Republican spokesman,
headed by President Coolidge, are
now going into mysteries over the
menace to the constitution present
ed by the third party They are
trying to persuade themselves and
persuade the country that the pro-
posal put forward by Senator La
Toilette, that congress shall have
the power to override a decision of
the supreme court is the real is .
sue upon which the American people
must pass in this campaign. Some
people, including myself, have been
openly against that suggestion
ancient as it is-long before cOnst'-
tutional patriots like President Cool.
/ idge and General Dawes began to
be excited about it.
Purely Smoke Screen
/ Il opposed it in 1912, when it was
put forward by Theodore Roosevelt.
I do not remember that either Gen
eral Dawes or President Coolidge
had anything to say about it at that
time. But they know, you know,
and the country knows, that tho
outcry they are making now is d
smoke screen, pure and simple"
Mr.. Davis pointed out the differ
ences as he saw them between the
/ Democratic and Republican parties
Il know there are those" he said,
/ ''Who seek to have the country be-
/ lieve that there is no difference be-
tween the Democratic and Repub-
lican parties or their nominees. I
should like to point out the differ
enCe of two hundred million dollars
! in the profits that Sinclair and DO
heny hoped for from their oil leases,
which they would never have got
ten under Democratic rule; a dif-
ference of nearly thirty millions of
dollars in the condition of the Amer
lean farmer and the value of his
holdings; a difference of $3.50. 00O. 600
in the proposed ship subsidy: a diff
ference of not less than two billions
of dollars in excessive prices to the
consumer, imposed by a Republican
tariff. and a difference between
wholesale and widespread corruption
and administrative honesty"
At another point the candidate
took up again his discussion Of bust.
/ ness conditions.
Business Shows Effects
Turn where we will Ny. Davis
said, TO mining. railroads, labor,
banking, the conserving of our nat
ural resources, or to any other
branch of producing and distributing
activity and during the last three
and One-half years where do we see
in the field Of business legislation
and reform auGht else than a base
and unWholesome desert broken at
great intervals by a few cases thai
Democratic votes were able TO
create?
Can we be surprised that such 4
record has given strength TO all the
forces of unrest and discontent%
What could DO more than four more
years Of rapid promise and reckless
misgoverrment 10 prepare the way
in this country for 4 spirit OF rebe
lion against the constitution and the
protecting laws OF social order and
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