Evening star., 1924-06-24


America turned a deaf ear to the
appeal of humanity or the call of
civilization. Foreign countries have
sought our advice. They have pleaded
for our counsel; but, 10. their suppli-
cations have been ignored and their
The Democratic party offers no
apology for its foreign policies
When the Woodrow Wilson plan for
world adjustment was wrecked by the
selfish and jealous hands of reaction
ary Republican leadership, world
hope for peace was shattered and Eu-
ropean rehabilitation indefinitely de-
ferred The tragedy is they wrecked
our plan and offered nothing instead.
This administration can not escape
its responsibility for the feverish con-
dition of the world. What they are
now seeking to do with reparations
should have been done years ago. Out
in the progressive northwest and
throughout the great western plains
agriculture languishes for want of
of despair. More than 100000 in that
great wheat section alone have been
driven to bankruptcy during this ad-
ministration-
Takes Dig at Normally.
would you know the difference be-
tween normalcy and prosperity? Here
IN the Democratic year OF 1917 the
country experienced seven nation2i
bank failures
I'm the Democratic year of 1918
the country experienced two national
bank failures
'.And In the Democratic year Of 1919
the country experienced only one ma
tional bank failure
s@Within less than four years Of Re
publican normalcy more than 1857
banks have failed, and millions OF
people bankrupted.
"During the first three months of
this year 265 banks have failed, with
total liabilities of over 100000, 900.
The distressing conditions that
confront agriculture when other in
dustries specially favored are pros
oerous should at least appeal to the
stony hearts of this administration.
But the Republican nominee and his
reactionary followers in the Congress
have not permitted any government tai
relief being extended to them, for the
reason, as very impressively stated by
the Republican nominee on December
6. 1923. in his first message to the
Con greSs:
Farmers Seen Distressed.
"Those farmers. he said. who
raise their living on their own lands
are not greatly in distress Those
sentiments come from the heart
throbs of the Republican nominee
and the present deplorable plight OF
the American farmer is due to cal
lous indifference and their cowardly
isolated foreign policy. No economist
but knows that this selfish policy
without vision, is responsible for the
dissipation of our foreign trade anc
the timidity of business Until
hope for full settlement in our for
eign debt Allied payments to us de-
pend upon German payments to them
But even though the reparations
question may be settled and Germany
exerts every effort to pay, how can
she pay if she Is economically
shackled by America and the world:
The German citizen can set his hand
to work and from one end of thai
country to the other every furnace
may be lighted, every factory whee
may whirl, every field be titled. and
try work overtime. yet they can not
continue unless some market be
found for their wares There can be
no market if the tariff gates are
closed against her by other countries
as are our own
Effect on Europe Traced.
''Such sordid policy Of selishness
upon the part of this administration
not only delays European rehabilita-
ton but forces upon the American
masses higher prices for homemade
goods Custom receipts do not prove
the success or failure of tariff laws.
A tariff that in normal times might
be prohfbitive, in abnormal times is
but a license TO the constituencies
profteer to extort from and gouge
the American consumer.
Exports from a country the pur-
chasing power of whose money Is
worthless may be expected to seek
those markets that oner the best pur,
chases. no matter how high the tarlh
In the abnormal conditions of the
world today the result is that, witt
an exorbitant tariff, our government
may perhaps get more revenue, bu
the European seller will receive IA
less for his product, and the Amer1
can consumer will be compelled t'
pay more for his purchase
"a record of promises fulfilled ane
pledges kept attests the loyalty o
the Democratic party. The long lis
of unparalleled achievements OF tht
Wilson admin nistration are among th'
glorious assets of our party. 1t l:
a record that should stir the soul o
America and thrill every Democratic
heart. What is that record?
Tariff Laws Compared.
"a tariff law which bred NJ
bounties and spawned no specia
privileges A tariff law that sough
no taxes from the tables of the poo
but raised them from the fortunes o
the rich A tariff law that unfettere<
buoyant hope and fiedged ambition
best efforts. A tariff law that trans
formed a weapon of oppression int
an instrument of usefulness. tarf
law so nicely adjusted to world con
ditions that our International trad
balance reached the hgheSt peak II
in all its history.
"'Unin1uenced by war conditions, a
its lowest ebb it gave to the United
States a favorable balance or trao'
$3.50. 100000 more than the presen
,ndefsnsible ia law peah ah1rosa t eSeeeded d b,
So, 900, 100000 the highest under tn
Republican law.
"a federal reserve law that eman
cipated banking from the dom1natlof
of a moneyed monopoly and placed
credits in the control of government
officiaIs; law SO modern and 81
elastic as to meet the constant need:
of trade and commerce and TO ac
as a panacea against panlcs and :
cure for industrial ills. A law Whlci
| the temporary chairman OF the CieVe
| land convention said serves as a. oui
wark to the financial life of the ma
| tion and was so helpful during tn
war should be left alone. we VIII
| leave it alone, and not one or Tn
\ pillars upon which it rests Will D.
reactionary Republican leadership
| dominated by selfish groups, to diver
| it from it's real purpose and turn owe
! its administration to it's plant tools
| Cites Trade Record.
"A record that carved new lanes
trade and opened up additional mar
| kets.
| "a record that gave confidence T.
| business and sent the sunsh1ne o
| happiness and the glow of prospert.
| into every American home.
"a record that filled the pay en-
yelopes of all wage earners and pile
high every bank with countless re
"A record that lifted agricultur
! from the low depths to which tn
| Renublican party had tossed it to