| Show I COOLIDGE SCORES DEMOCRATIC 5 RULE L LI H Hi I Declare DecIa es Bourbons Filled Failed F ail i d to tox w I x Hold H ld to Moral Standards NEW YORK Dec Dee 4 Nece Necessity of observing the laws of morality In business was emphasized tonI tonight ht by Governor Coolidge vice vica president president- elect in an address Terming action of the Democratic administration before America entered the war an example of what should uld not be done by business men men avoid avoid avoidance ance of moral obligations Governor obligations Governor Coolidge denounced practices of similar simi simi- lar avoidance ance by men in business re relations relations re- re lations who he said s seek ek their own profit regardless of others fie e cited recent wholesale cancellations cancellations cancella cancella- of orders for merchandise as an example of improper methods This I he ho said course resulted d from eCI ex ex- extravagant I ideas assimilated during the prosperity of recent years EASY EASY LIFE I From 1916 to 19 1920 O Americans have I believed themselves in easy circumstances circum circum- I stances he fia said d. d True pr prices ces were high but rewards of effort seemed I higher still All seemed so cas easy that people pl came to a Condition where I did they not care There seemed to be an on impossible demand for all hu human hu- hu man endeavor The result experienced Governor Govern r Coolidge said has been disastrous We are in an nn era of deflation and the public is try trying n to put all nil all tho the I burden on the producer lh by refusing to carry out Its bargains he S de Glared The Tho worst manifestation of this is the cancellation of orders he lie said canceled not because It way walt thought it would not be profitable m such cost to met n meet et Our whole economic structure has haft been disarranged he he continued SCORES ADMINISTRATION We have havo sought in ou our economic 1 p relations rotations a false independence false freedom Wen are not and and a no cart not be in any of ot the relations o ot of life independent of or the th moral lotus laws Of oe the Wilson a said he heIt r I It failed because It did not t t the e moral or l requirements em n of f tn the thi e t f r b C c t C t I j i I t I Ibe tail can people It has gone now I r would be the last to cavil at it But its lessons must be be remembered It asked In the first place that America disregard its obligations because it was more profitable to do so No o wonder the country felt duped when it had to do its duties at additional cost or perish He lie quoted what Roosevelt declared he would have done when Germans I Invaded Belgium and added I The administration said it kept the i peace ce What America should have ha required was not the keeping of at the I peace but the keeping of ot its soul It was t the e process not the result that counted The great lesson of ot economic and past experience is that people and parties and nations must observe the thie moral standards They have been disregarded disregarded disregarded dis dis- dis- dis regarded in business with disaster in politics with defeat and by the nation with resulting war If there t be any advantage to be gained from these exI experiences ex ex- ex- ex I it will be by a renewed determination deI determination de de- termination of ot the people and the government government government gov gov- I to meet their obligations I Germany ny h has s found out that that's |