Show S.- S. iiri AiLi T LIKE LAKE ic S c I TUESDAY APRIL 12 1 I S ra PRESIDENTS PRESIDENT'S MESS MESSAGE G COVERS SS S MANY MANY s SUB j cl III I I J Peace by Resolution Reduced Living Costs II I i. i and Lower Taxes Plea i I Continued from page 1 I 1 pid be based baaed on the policy of ot pro- pro 1 t Uon resisting that selfishness t which turn to greed but ever concerned concerned con con- 11 with t that tat t productivity at home homeL L which is th the source of ot all aU abiding good goodS fortune I J S H TO SELL BUY J It IU J rt at we C nn t sell un- un t f j buy but ability to Mil Is 18 based I on home development ment and the fostering of C home m markets market There is little sentiment sen sen- 11 In the trade tralle OC Df the tho world orld Trade 1 can and and ana ought t td J b b honorable but it itI I know knows no sympathy While the dele dele- I tates of oC the nations at war wr were de debating debating de- de bating peace terms at at Paris nn and while we later debated o our r part in int InI t I completing completing- th th pea peace commercial I n 1 of ot ther nations w were re opening t I lines Une and establishing their out- out forward look to the mor- mor 1 wholly proper and andI I been n advantageous to them Tardy S I r. r It will wl be safer to hold our W market secure and build thereon sour our trade with the world vry important matter is the eso es- es o t of the governments government's busl- busl s r s on a business basis There was toleration and the easy going method of or handling our fiscal I affairs when indirect taxation held the I I public unmindful of the federal burden 1 But BlAt there is knowledge of the high cost COlt of oC government today and the high cost cOlit of oC living is Inseparably linked with high cost of oC go government There can be no complete correction of oC the high hiSh living cost until governments government's cost costis costis is 18 notably reduced BUDGET SYSTEM M. M Id Let me rue most heartily commend the t enactment of oC legislation providing for forthe forthe tb the national budget system Congress S h has already recorded its belief in the budget It will wl be a very great satisfaction satis satis- faction to know of or its early enactment so it may be employed in establishing establishing lishing the economies and business methods so essential to the minimum of oC expenditure I have said to the tho people ae we meant to have less of or government In business as well as more business in government govern govern- ment It is well to have It understood that business has a right to pursue Its normal legitimate and righteous way unimpeded and it ought have no call caU to toe me meet e t government competition where all aU alli i risk frisk is born by the public treasury i REDUCING COSTS There is no challenge to honest and lawful business success But govern- govern lInet approval of or fortunate un untrammeled tramm tram tram- m meled ed business does not mean o 0 of restraint of oC trade or of main maln- prices by unnatural methods It Itis is js well to have legitimate business understand understand un un- un- un that a Just government mindful mindful mind mind- ful of oC the interests of or all aU the people has Ihas a right to expect the tho cooperation tot rot that legitimate business in stamping tout lout tho the practices which add to unrest 1 land Inspire restrictive legislation rioU iou as all we are to r restore the onward onwardS S flow of ot business it is fair fall to combine assurance and warning In one utter utter- ance S One Ono condition in the business world may nay well re receive elve your Inquiry Deflation Detla- Detla I tion has been in progress but has failed to reach the mark where it can be bo pro proclaimed to the tho great mass of oC consumers Reduced cost of ot basic production pro pro- t has been recorded but high highS pro pro-I S I cost of oC living has not yielded in like proportion For example the prices on grain and livestock have been deflated de- de Slated Hated but the cost of butter and meats is not actually reflected therein It Is Isto Isto to be expected that nonperishable staples staples sta sta- ples pies will be slow in yielding to lowered lowered lowered low low- ered prices but the maintained retail I costs in perishable foods cannot be justified CAUSE OF TROUBLE I I have asked the federal trade commission commission com corn I mission for a report on its observations and it attributes in the main tho failure fallI fail fall I ure tire to adjust consumers' consumers cost to basic production costs to the exchange of ot information by open price associations associations which operate evidently within the law to the very ery great advantage I of ot their members and equal disadvantage disadvantage disadvantage tage to the consuming public I Without the spirit of hostility or haste hute in accusation of ot profiteering I some suitable inquiry by congress I might speed the price readjustment to normal relationship with helpfulness I of ot both producer and consumer A measuring ro rod of fair prices will satisfy satisfy satis satis- i fy the country and give us a business business' revival to o end all depression and un unemployment unemployment un- un employment employmentS un-I un S RAIL PROBLEM 5 Tho The great Interest of both the producer producer producer pro pro- I ducer and consumer consumer Indeed all our industrial and commercial lal life lite from I agriculture to finance In finance In the problems I of ot transportation will find Its reflex in your concern to aid reestablishment reestablishment re establish ment to restore efficiency and bring transportation cost into a helpful re relationship re- re rather than continue it as asa asa asa a hindrance to resumed activities It is little to be wondered that ill ill- considered legislation the war strain government operation in heedlessness of co cost t and the conflicting pro programs or the lack of ot them for tor restoration have hao brought about a mast difficult situation made doubly difficult by the thelow thelow thelow low tide of ot business All dl are so IntimatelY Intimately Inti Inti- related that no improvement will wll be bo permanent until the tho railways are operated efficiently at a cost within with with- in that which h the traffic can bear MUST REDUCE RATES If It we can have hav I h H understood that congress has hag no sanction for government government government govern govern- ment ownership that congress does not levy lev taxes upon the tho people to cov cover cOEr er deficits In a 8 service which should be self there will be bo an avowed foundation on which to re rebuild re- re build 1 carrying charges have mounted higher and higher until commerce commerce com corn merce Is halted and production discouraged discouraged dis dis- Railway rates and costs of operation must be reduced Congress may well investigate and let the public understand wherein our system and the federal regulations are lacking in helpfulness or hindering in restrictions The remaining obstacles which are the of or capitalistic exploitation must be removed and labor must Join management In understanding understanding un un- un- un that the public which pays is the public to be served and simple Justice Is the right and will continue to bo be the right of oC all the people HIGHWAY BUILDING Transportation over the highways is little less important but the problems relate to construction and development and deserve desere your most earnest Intention intention intention tion because we are laying a foundation foundation foundation tion for Cor a long time to come and the creation is very ery difficult to visualize in its great responsibilities The highways are not only feeders to the railroads and afford aCford relief from their local burdens they are actually lines of or motor traffic in interstate commerce They are arc the smaller arteries arteries ar ar- ar- ar I teries of the larger portion of or our commerce and the motor car has become become be be- come an Indispensable Instrument I be in our political social and industrial life liCe FEDERAL ASSISTANCE I There Is begun a new era In highway highway high high- way construction the outlay for which runs far Car into hundreds of or millions of ot dollars Bond issues by road districts counties and states amount to enormous enormous enormous enor enor- figures and the country is facing facing fac fac- ing such an outlay that it Is vital that every effort shall be directed against wasted effort efort and unjustifiable expenditure ex ex- ex- ex The federal government inn can place no inhibition on the exp expenditure In several states but since congress has embarked upon a policy polley of ot assisting the states in highway improvement wisely I believe it can assert a wholly becoming influence in shaping policy GENERAL SUPERVISION With the principle of ot federal participation participation participation pation acceptably established probably probably probably ably never to bo ho abandoned it is Important important important im Im- im- im to exert federal influence in developing comprehensive plans lookIng looking look look- Ing to the promotion of commerce and apply our expenditures in the surest way to guarantee a public return for money expended Large federal outlay demands a federal voice in the program of or ex ox- Congress cannot Justify a Q amere mere gift girt from the tho federal purse to the several states to be bo prorated among counties for road betterment Such a course will Invite abuses which it were better to guard against in thebe the tho be beginning The laws governing federal aid should be and strengthened The federal agency of ot administration should be elevated to the Importance and vested with authority comparable to the work before it And congress ought to prescribe conditions to federal federal fed ted eral appropriations which will necessitate necessitate necessitate a consistent program of ot uniformity uniformity uni uni- which will Justify the federal outlay CONSTANT REPAIR I know v of ot nothing more shocking I than the millions of public funds wasted wasted wasted wast wast- ed in improved highways wasted be because because because be- be cause there is no policy of ot maintenance nance The neglect is not universal but it is very near it There is nothIng nothing noth noth- ing tag congress can do more effectively to end this shocking waste than condition condition condi condl- tion all federal aid on provisions for maintenance Highways no matter how generous the outlay for tor construction cannot be maintained without patrol and constant constant constant con con- stant repair Such conditions insisted upon in the grant oC federal aid will safeguard the public which J pays aS a'S and guard the federal government against political abuses abuse which tend to defeat the very purposes for tor which we au authorize authorize authorize au- au federal expenditure MERCHANT MARINE Linked with rail and arid highway is the problem of ot f water o transportation In In Inland I land coastwise and transoceanic It ItIs Itis Itis is not possible on this occasion elon n to SUggest SUg suggest suggest sug sug- gest to congress the additional legislation legislation legislation legis legis- lation needful to meet the aspirations of or our people for a merchant marine In the emergency of war we have hae constructed constructed con con- a tonnage equaling eq con I our largest expectations Its war cost must be discounted to the actual values values val val- alues I ues of ot peace and the large difference charged to the war emergency and the pressing task is to turn our assets in tonnage to an agency of ot commerce It is not necessary to say it to congress congress con con- gress but I have thought this to be a befitting occasion to give notice that I Ithe the United States means to establish and maintain a great merchant marine ma ma- rine Our differences of t opinion as to a apoll poll policy y of ot have been n re removed removed removed re- re moved by the outstanding fact of ot our having If the Intelligent and efficient administration under the existing existing ex ex- laws makes established service Impossible the executive will promptly prompt prompt- ly report to you MARINE LAWS Manifestly if our laws governing American activities on the seas are are such as to give advantage to those 1 who compete with us for the carrying of oC our own cargoes and those which i i ought naturally to come in Am American bottoms through trade exchanges e then the spirit of ot American fair play I will assert Itself to give American J I S T J z r PRESIDENTIAL THOUGHTS S The Tho surest procedure in every government is to put its ia house houie in order I know of no more pressing problems at home than to restrict our expenditures The most substantial relief from the tax burden must come came for the present from the readjustment of internal taxes and tho revision or rep repeal 1 of those taxes which havo have become unproductive and are so 10 artificial and burdensome as to defeat their own purpose I II believe in the protection of American Amoric n industry and jt It is our purpose to prosper America first Reduced co cost t of basic production has been recorded recorded but high cost of living has not yielded in like proportion I have have havo thought this to be a befitting occasion to give notice that tho the United States means to establish and maintain a great merchant marine In the existing league of n nations world governing with its superpowers superpowers superpowers super super- powers this republic will have no part O Our r very immediate concern is for the c crippled soldiers and those deeply needing the helping hand nand of the government Congress ought to wipe v the stain of barbaric lynching from the banners of a fred and orderly representative democracy I I carriers their equality of ot opportunity This republic can never realize Its Ha righteous aspirations In commerce can never be bo worthy the traditions of ot the early days of ot tho the expanding re republic republic republic re- re public until the millions of tons of ot shipping which we now possess are with our Inland transportation tation and our shipping has government government government govern govern- ment encouragement not government operation in carrying our cargoes under our flag over regularly operated ed routes to every market in the world agreeable to American ex ox- ox changes It will strengthen American American Ameri Amen can genius and management to have haveit it understood that ours is an abidIng abiding abiding abid abid- ing determination because carrying is second only to production In es establishing establishing establishing es- es and maintaining the flow Clow of oC commerce to which we rightfully aspire RADIO AND CABLES It is proper to invite your attention attention atten atten- tion to the importance of oC the ques question es- es tion of ot radio communication and ca cables ca- ca bles To meet strategic commercial and political needs active encouragement encouragement encourage encourage- ment mont should be given to the extension exten exten- don sion of ot American owned and operated cable and radio service Between the United United States Slates and its possessions there should be ample communication facilities providing direct services at reasonable rates Between the United States and other countries not only should there be adequate facilities but sut these should be so far Car as practicable practicable practicable direct and free from foreign intermediation Friendly cooperation should be extended to international r efforts aimed at encouraging Improvement Improvement improvement improve Improve- ment of oC international communication facilities and designed to further the exchange of ot messages message TO CARRY NEWS Private monopolies tending to prevent prevent pre pre- vent the development of ot needed fa |