Las Vegas age. [volume] (Las Vegas, Nev.) 1905-1947, 1928-12-04

talnly 90 not want any OF them.
We are more anxious than they
are to have their sovereignty res
pected. Our entire influence is in
behalf OF their independence. Cuba
stands as a witness to our adher-
ence to this principle
MUSCLE SHOALS
In connection with Muscle Shoals,
President Coolidge suggested
division Of the property into its
TWO component parts OF power
and nitrate plants by which 1t
would be possible to dispose OF
the power ,reserWng the right to
any concern that wished to make
nitrates to use any power that
might be needed for that pur-
pose" He opposed building an
other dam at public expense, say
ing future operators should pro-
vide for that themselves.
But if they were TO be required
TO repay the cost OF such dam,
with the prevailing commercial
rate OF interest, this difficulty Will
be considerably lessened, he said.
TAX REDUCTION
Reviewing the efforts Of the
administration to economic in
public expenditures, the President
declared that instead of a deficit
Of &94,OOO,OOO which was expected
last June for the current fiscal
year, "the combination Of economy
and good times now indicates a
surplus Of about S37 100000 He
said, however, that there would be
no large enough surplus for fur
ther tax reduction.
PROHIBITION
The question OF prohibition was
disposed Of by MI Coolidge in
brief form:
The country has duly adopted
the eighteenth amendment, he
said. Those who object to it
have the right to advocate its
modification or repeal Meanwhile
it is binding upon the national
and state governments and all our
inhabitants"
AS for enforcement he said the
federal government is doing and
will continue to do all it can in
! lIllS ull CNtAOL4 anu OCS4a4 CG LA4elL
the officials in Washington were
entitled to the cooperation Of the
! states
WAGE GARNER
/ Addressing himself to the wage
| Garner, Mr.. Coolidge enunciated
the doctrine of production as the
only limit to profit and wages.
In its economic life he said,
"our country has rejected the long
accepted law of a limitation of
/ the wage fund which led to pes
/ simiSm and despair because it was
/ the doctrine of perpetual poverty
/ and has substituted for it the
! American conception that the only
limit to profits and wages is
| production, which is the doctrine
Of optimism and hope because it
| leads to prosperity
| FOREIGN RELATIONS
In the foreign field there is
| peace. the good will that comes
from mutual understanding, and
! the knowledge that the problems
/ which a short time ago appeared
so ominouS are yielding TO the
/ touch of manifest friendship" he
/ said
( The relations between the Unit
ed States and Nicaragua, Chill,
Peru, Mexico and China were
dealt with separately by the Presi-
dent who also, in his discussion
of foreign affairs praised the
purport of the kellogg treaty to
outlaw war. There was no men
ton of American adherence to the
World Court.
CONCLUSION
The message was concluded with
a plea to the people to remember
that in times Of prosperity unre-
mitting toll is necessary TO keep
what has been gained
The country" Mr.. Coolidge
said, lis in the midst of an era
OF prosperity more extensive and
of peace more permanent than it
has ever before experienced. But
having reached this position we,
should not fail to comprehend that
it can easily be lost. l. needs
more effort for its supper than
the less exalted places Of the
world. We shall not be permitted
to take our ease. bUr shall con-
tinue to be required II spend our
days in unremitting tell
THE actions of the Government
command the confidence Of the
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