Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-31

or serious domestic STU
alton or complications President
Coolidge's year, just closed, may be
easily described as a most satlsfac-
tory and gratifying one. So far as
the actual running of the Nation s
business was concerned the past
year was one that would have been
to the liking of any President.
First of all this Nation was at
peace with the world. There was
adequate employment for the people
and the country generally expert
enced a prosperity greater than in
any previous year in the history of
the Republic. Besides all this, the
President had the satisfaction OF
carrying out two of his major poll
cies in a most successful manner
further tax reduction and a continu-
alton of governmental economy.
Probably the outstanding features
of the presidents year were his ac-
complishments in the matter of gov
ernmental economy. He contends
that the Nations prosperity during
the year has been greatly promoted
by the economy policy of his admin
istration, principally because the
latter resulted in reduction and re-
form in national taxation. The ad
which was enacted by Congress last
Winter was responsible for releas
ing many millions that went into
the development Of industries and
made credits more liberal, all of
which contributed to the general
prosperous state of the country.
Although taxes were lowered the
administrations practice OF economy
resulted in the accumulation of a
Treasury surplus during the year
estimated officially at 1888, 000,0 900,
but which authorities privately esti-
mate at more than S400, 900. The
President at first suggested that this
huge sum be turned back to the tax
payers, but the concensus of opinion
among the Republicans in Congress
is to apply it to further reduction
of the public debt.
Sponsors Building Program.
Next to the tax reduction during
the past year the principal legisla-
| ton sponsored by the administra-
ton was the five-year public build
| ings program which calls for the
| erection of public buildings to cost
| $165. 100000, of which $50,000,000 is
| to be spent in the District of Co
lumbia. Other important legisla-
| ton in which the President was in
| terested during the year was for
| the development of inland water
ways, the construction of public
/ roads and the liberalization of the
retirement law for Federal employees
The President resisted all efforts of
those to bring about the enactment
of farm relief legislation of a~so-
called radical nature. He advocated
| relief of d sound and practical
| nature and gave his approval to
| bills of this class, but despite his
| support the latter went down to de-
feat along with the more radical
measures.
Upon the recommendation of the
President the Senate voted its APP
prevail to American adherence to the
World Court, but with reservations
Inasmuch as some of the powers of
the League of Nations have indicated
that these Senate reservations are not
acceptable to them, the President has
very recently made 1t plain that he
is willing to let the World Court mat
| ter go into the discard unless this
country is accepted upon it's own
| terms. Other important accomplish
| ments bearing upon foreign relations
| were the ratification of the terms for
| the agreement upon terms for the set
| Element of the French debt, which
have been approved by the House,
| but which will not be put to the Sen
| ate for approval until the French
| Parliament has approved them.
Silence Maintained.
The President lived up to his repu-
| tation for silence. During the past IL
/ months he made barely more than a
dozen public addresses and all but four
| of these were made in this city. The
| occasions for his local speeches were:
Memorial day exercises at Arlington;
! unwilling of the statue in West Poto-
mac Park to the memory of John
| Ericsson, inventor of the iron-clad
| Monitor; the opening of the annual
meeting of the Daughters of the
| American Revolution; the annual
meeting of the Boy Scouts: the an
, nual meeting OF the American Red