The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1928-06-21

The United States is the largest
customer in the world today II we
were not prosperous and able to buy
the rest of the world also would suf-
Ter. 1t is ineouceivable that American
labor will ever consent to the abol-
ton of protection which would bring
the American standard of living down
to the level of that in Europe, or that
the American farmer could survive if
the enormous consuming power of the
people in this country was curtaile
and its market at home, if not de-
stroyed, at least seriously impaired
Foreign Debts
In accordance with our settled pol.
icy and platform pledges. debt settle
ment agreements have been negotiated
with all of our foreign debtors with
the exception of Armenia and Russia
Ihat with France remains as yet I'M
ratified Those with Greece and Aus.
tria are before the congress for neces-
safy authority. If the French debt
settlement be included. the total
amount funded Is Sll.522.354. 600 We
have steadfastly opposed and Will con
tinue to oppose cancellation of foreier
debts.
We have no desire To be Oppressive
or graspihg, but We hold thai obi "a
tons Justly incurred should be honat
ably discharged We Know of no Al
thority which would permit public of
icials, acting as trustees. to shift the
burden of the war from the shout
ders of foreign taxpayers to those Of
our own people
We baIiaN9
agi eed to are far to both the dehtai#
nation and to the American taxpayer
Our debt commission took into full
consideration the economic condition
and resources of the debtor nations
and We're ever mindful that they must
be permitted to preserve and improve
their economic position, to bring tht:i
budgets into balance, to place their
eurreneles and finances on sound
basis, and to improve the standard of
living of their people. Giving full
weight to these considerations. we
know OF no fairer test than ability to
Pay, Justly estimated.
The people can rely on the Repub.
lican party to adhere to foreign debt
policy now definitely established and
clearly understood both at home and
abroad
Settlement of War Claims
satisfactory solution has been
found for the question of war claims
Under the act, approved by the Presi-
dent on March 10, 1928, a provision
was made for the settlement of war
claims of the United States and its citi-
zens against the German, Austrian and
Hungarian governments, and of the
claims Of the nationals of these gov
ernments against the United States
and for the return to its owners of
the property seized by the alien prop
erty custodian during the war, in ac-
cordance with our traditional policy
for respect of private property.
Foreign Policies.
We approve the foreign policies of
the administration of President Cool
idge. We believe they express the will
of the American people in working ac-
lively to build up cordial International
understanding that will make world
peace permanent reality
We indorse the proposal of the sec
rotary of state for a multi-lateral
treaty proposed to the principal powers
of the world and open TO the sigma
lures of all nations, to renounce war
as an instrument of national policy
and declaring in favor of pacific set
Element of international disputes the
first step in outlawing war. The idea
has stirred the conscience of mankind
and gained widespread approval both
of governments and of the people, and
has been acclaimed as the greatest
single step in history toward the con-
servation of peace.
New Treaties at Hand.
In the same endeavor to substitute
for war the peaceful settlement OF in
ternational disputes the administra-
ton has concluded arbltrat ton treaties
in a form more definite and more in
elusive than ever before and plans to
negotiate similar treaties with all
countries willing In this manner to de-
fine their policy peacefully to settle
justicable disputes. In connection with
those, we indorse the resolution of the
sixth PanAmerican conference held at
Havana, Cuba, in 1928, which called a
conference on arbitration and con-
Citation to meet in Washington dur
Ing the year, and express our earnest
hope that such conference will greatly
further the principles of international
arbitration. We shall continue to de-
mand the same respect and protection
lOI the pelSoliS anu plOpcily VI AIleF-
lean citizens in foreign countries that
we cheerfully accord in this country
to the persons and property of aliens.
The commercial treaties which we
have negotiated and those still in the
process of negotiation are based on
strict Justice among nations, equal OPP
portunity for trade and commerce on
the most-favored nation principle and
are simplif1ed so as to eliminate the
danger Of Misunderstanding The OBJ
ject and the aim of the United States
is to further the cause of peace, of
strict justice between nations with due
regard for the rights of others in all
international dealings.
Protect u S. Rights.
The record Of the administration to-
ward Mexico has been consistently
friendly, and with equal consistency
have we upheld American rights. This
firm and at the same time friendly
policy has brought recognition of the
inviolability of legally acquired rights
This condition has been reached with
out threat or without buster, through
calm support of the recognized prin-
ciples of international law, with due
regard to the rights of a sister SOW
ereign state. The Republican party
will continue to support American
rights and at the same time to pro-
mote and strengthen friendship and
confidence.
There has always been, as there al
ways will be, firm friendship with
Canada American and Canadian inter-