The Birmingham age-herald., 1924-08-15

and the banks of our country, as 8
 whole, show a high percentage of l. liquid assets.
 Most generous laws for the relief O disabled veterans have been enacted and the Veterans bureau established More than 71 900 men and women hay, been rehabilitated, of whom over 3S, GOO are earning more than they earned before the war. Compensation is be ing paid to nearly half a million a the rate of about $IO0,O00, 900 a year which will be increased about $30,OOO, 900 under legislation recently passed Forty million dollars have been provided for hospital facilities, and under new law hospitals have been opened to al veterans of all wars, regardless of thu time or cause of ctheir disability. Nc government ever provided so generous ly for those disabled by service in tint of war.
 Restrictive Immigration
 To preserve American standards foI all our inhabitants, whether they were the decendants of former generations residing here or the most recent ar rivals, restrictive immigration laws were passed. should have preferred to continue the policy of Japanese ex- cluSion by some method less likely to offend the sensibflities of the Japanese people. did what could to minimize any harm that might arise. But the law has been passed and approved, and the incident is clossd. / We must seek by some means besides immigration to demonstrate the friendship and respect which we feel for the Japanese nation
 Restricted immigration is not an of. fensive but spurely defensive action It is not adopted ih criticism of others in the slightest degree, but solely for the purpose of protecting ourselves. We cast no aspersions on any race or creed, but we must remember that ev- cry object of our institutions of so- ciety and government will fail unless America be kept American.
 By means of a protective tariff we have saved American agriculture, To- bor, and industry from the menace of having their great home market de- stroyed through dumping upon it of a flood of foreign products. Under this wise policy we saw an economic re- vival, and our people as a whole, in marked distinction from sufferers from financial distress and depression of other lands, have come into an era of prosperity and plenty. As a source of revenue the tariff surpassed all ex- pectations in producing an annual re- turn of the unprecedented sum of about $550, 100000. A fiscal policy which places large and much needed revenue in the public treasury, while stimuIat- ing business to a condition of abound ing prosperity, defends itself against any criticism. Its merits are demon strated by its results. We have pro tected our own inhabitants from the economic disaster of an invasion of too many foreign people or too much for. eign merchandise. "A
 Washington Conference
 The people have never come to full realization of the importance of tht Washington conference. It produced thu one effective agreement among thu great powers in all the history oi civilization for relieving the people o the earth from the enormous burden oi maintaining competitive naval arma ments. do not believe any conference ever did more to promote the peace O. the world. I am perfectly sure tha none ever did so much to reduce the cos of government. By removing causes O irritation, in which lay the seeds O war in the Far East, our own country received incalculable benefits. Onl! when that was done could disarmament follow. What had always before failed then became q success. A policy wa adopted which was more than revolu tionary. It was sublime. It demon strated at last that peace and good vii are not vain illusions, but actual reali ties. The credit for the inception O this epoch-making policy, and for it practical conclusion, is due to the initia tive of American statesmanship.
 These are some of the larger
 aspects, though very incOmpletely
 depicted, of what this adminiStra-
 tiOn has been doing to promote the
 welfare of the American people. A
 survey of the economic condition
 of our country, the industrial peace
 which prevails, the mighty influ.
 eflCe which our moral power eXertS
 throughout the world all testify
 that it has not been without suc-
 cess.
 There are those who would disregard all this for an undertaking to convinc themselves and others that the chic issue of this campaign is honest gov ernment. In all my studies of politica history I can not recall an administra tiOn which was desirous of a diShones and corrupt government that, for tn purpose of checking extravaganza, eve undertook to introduce budget system or to cut down taxes, to purge the pa, rolls, to make enormous reductions il the public debt, and to lay firmer foun dations for the peace of the world That is not the way of dishonesty. Tn government is sound. But individual charged with wrOngdoing are bein prosecuted. The people of this countr hate corruption. They know my DO sition. They know the law will b enforced.
 Wherever there have been suspicion of guilt, involving members of an. party, have caused them to/ be investi gated and presentation made to tn grand jury. If the evidence warranted those suspected of crime have been in dicted; and without favor, but withou malice, they will be tried on. tn, the charges returned against them