Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-27
SENATOR PHIPPS SOUNDS C.. o. p.
KEYNOTE In LAUDINC PROSPERITY
CONTINUED from First Page)

ord in it's appeal for a return of a
Republican Congress next November.
He declared that the Democratic
party has no real issue. and added.
They the Democrats) appeal to the
country, as in 1910. to turn out of
power the Republican party that has
brought the tariff and prosperity. that
has by wise economies led the Nation
into new paths of greatness. VIII
the people be as guilible as in 1910
and 1916? l think not.
In opposition to the empty pre-
tensions of the Democratic party, the
Republican majority points to it's rec
ord of unmatched achievement, and to
the very able. very honest and very
popular leader and director OF Its
policies who now occupies the White
House. Because of the common sense
of the American people which reacts
to his common sense, l have no DOUBT
that the Republican party will be
returned to power in both branches or
Congress-
AS the result of protection policy
allied with economy, continued
Senator Phipps. who can doubt that
our country is prosperous today?
Unemployment is practically un-
known, except for voluntary and sea-
sonal causes. Great industrial ad-
vances have been made since the
Republican party returned to power
in 1921. Our manufactured products
have increased in value from SAD
600 .0OO, 900 to $50, 900. 900 900 a year.
The value of our farm crops has
advanced from 100000 to SILL
500. 0OO. 900. The value of our mineral
output has moved up from $6.0l1,-
600 600 to S8,439, 100000. The assets
of building and loan associations
leaped from S2.S90. 00o.0 900 to $5.9l2,-
coo. 900. The value of newly erected
buildings in 1870 cities jumped from
81 .6u2 0O0. 900 to S2.919, 100000 per an
num- Department store sales TAX
ing 1919 as the basis of lou. Went
from ITO to 125. The value of manu-
featured automobiles shot from 81
S71 .0no 900 to S3.163. 900 a year.
Gasoline production swelled from
5N9S. coo 600 to 1882. 100000 gallons
annually. Our exports are more
than 5000. 600 900 a year and exceed
our imports by half billion. Ac.
cordins to the figures of the Federal
Trade Commission. our natlonai
wealth has nearly doubled since the
inaugurati ton of President Harding
in 1921 1t is greater than that or
the British Empire. France. Ger
many and Italy combined.
Matched by Cutting Waste.
"Sulendid as have been the results
achieved by a tariff which has as
sured prosperity. they have been
matched by the efforts of President
Coolidge and a Republican Congress
10 eliminate waste. cut down eXpendl'
lures and remove heavy burdens from
the taHpayers. BY the strictest kind
of economy. assisted greatly by the
budget system adopted by the Repub-
lican administration after PRESIDENT
Wilson had vetoed It. the total num-
Der of Government employees on the
Federal pay roll in the Dlstrlct Oh
Columbia was reduced from 9O.559 at
the end of the Wilson administration
TO 61.o11 on April 80. last. In the
same period the number OF Federai
emploves throughout the Nation was
reduced from 691,116 to 548.O77. by
the elimination of these employees. by
doing away with overlapping bureaus
and expenditures, and by Withholding
all but the most necessary approprla
tions the total of national eXpendl-
lures were reduced from 6,14l 600, OOO
during the last full year or the WI
son administration TO about S3.ooV.
600, 900 IN lJZO. Inclueitlhiis ei!S p
sonnet of the Army was reduced from
oq4 600 70 $4,000 and that of the
Navy from zoe. 900 to 10000 men. AS
a result. the gross public debt of the
United States was brought down by
more than $4,000 100000. To be
exact. it was reduced from $25.4S2.-
600 600 on June 80. 1919, when Re
publican Congress first began to func-
ton. TO so0,o63. 0O0.0 on May 10.
1926. Liberty bonds long since went
to par
Made Possible Tax Reduction.
An Of this, of course, made pos
sible a reduction of taxes which bene-
flied every man. woman and child IN
the country. In five years the total
reduction per annum has been $3.50
600 900. an amount far in excess of
the entire expenditures Of the Gov