Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1924-03-06
DREsIDENT. COOLIDGE seemingl,

pRESIDENT COOLIDGE seemingly
fears that the attention of con-
gress is so distracted by the oil lease
scandal and similar matters that it
will let through appropriation meas
ures which will undo the budget sys-
tenn. An authorized spokesman for
the President said that one of the
most disturbing factors of the present
time was the large number of appro-
priation bills pending which called for
enormous expenditures. Bills are be-
ing given serious consideration which
provide for additional expenditures
larger than the entire expenditures Of
the government, the Post Office depart
ment excepted, before the war.
Bills which cause the President most
concern relate principally to measures
for extra compensation, increased pen
sions of all descriptions, and the sol
diers' bonus bills, but added to these
there is a general tendency to increase
expenditures all along the line.
This tendency, the President insists,
calls for determined resistance or else
the country will be swamped. The re-
suit not only will be failure Of any
tax reduction, but the country will
actually be facing an increase in taxes.
He is convinced that there are plen-
ty OF resources in the country to sup
port all of its population in comfort If
the people Will only be willing to go
along on the present level until there
is production enough to warrant an
increase. But, he holds, If through
congressional action, yielding to pres
sure exerted from many organizations,
appropriations are increased, the coun-
try will have to face decline until
there can be a liquidation and fresh
start.
CONGRESS suspended business
~ Wednesday and the senate and
house joined in memorial service to
the late President Harding. President
Coolidge, the cabinet, the Supreme
court and the foreign diplomats were
In attendance, and Mrs. Harding sat
with group of friends in one of the
galleries. The only speaker was Sec
rotary of State Hughes, who sketched
Mr.. Harding's career and paid elo-
quent tribute to his accomplishments
In public and private life.
DREMIER THEUNIS of Belgium
and his cabinet, defeated when the
chamber of deputies rejected the
Franco-Belgian convention relative to
imports to and exports from neighbor-
ing countries, resigned on Wednesday.
This in itself was not SO important,
but it's effect on the settlement Of the
German problem may be great. Theu-
mis- and his foreign minister, Jaspar,
have co-operated closely with the
French government and it is admitted
that no cabinet can be selected in
Brussels that will be SO pro-French. If
Poincare finds he is to be isolated 1t
may be he will not be so willing to
make concessions in the adoption of
the Dawes committee plan for the re-
organization of German finances and
the payment of reparations The news
from Brussels caused the franc to fall
to new low mark-24.50 to the dol
lar.
The Dawes committee report, which
probably will be submitted to the rep
arations commission this week, pro-
vides for payments in kind by Ger
many during the proposed moratorium.
The budget subcommittee has prepared
plan for balancing the German
budget for three years, with extension
Of allied control over an additional
seven years, ten years in all. The
committee has completed it's work on
the German gold bank plan and the
railway plan likewise has been practi-
cally finished.
EXPERTS of the League of Nations
IL engaged in trying to devise ways
of reducing naval ornaments talked
and uuarreled for two weeks in Rome
and adjourned without practical. re-
suits. Too many of the nations want
ed to increase instead Of decrease
their naval defenses Russia's de-
mands concerning the Black and Bal
tic seas were enough in themselves to
disrupt the conference. Another may
be called later by the league.
FORMER FIELD MARSHAL LU-
L DENDORFF, Adolf Hitler and
others were put on trial in Munich for
+boir mort in tho comic oTAnra Bayarian
"putsch" of last November Court,