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Show ' lew Si&nifinanre o! I Calvin LdoSidqe's : Speech of Ac- I ceptance HB Calvin Coolidgo'a acceptance of HB tb- Hcpubltcan nomination for vlco HHY prt-slricnt contains fow flourishes HHV nd no fustian. It displays brain HHY lower, oconomlc Bonso and moral Hg courage And thcru la a significance HHx new nnd refreshing, In thoso uttor- HBY anccK of a man occupying second HHg plan- on Ills part) 'a ticket. HHY What a candidate for vlco pfosl- BB -tlrnt iiHUally has to say before olcc- HHt tlon ritia no vast poltlcnl void nnd HBJ -Kalns rcant public attention. Vice HHY rr-?l(lcnl, by cuhIomi of Ionic years, BBJ formulate no party policies, press HHj no Kovernment programs and drive BBJ no national dynamics. In the cam- HHt ralgn they stand as candidates per- HBj tnnctorlly on tho platform mado for HbBVH J the party and championed by the HHj nominee for president. In offlco they HBJ function by tho rules of sonato pro- HBJ cedure. BBJ With Coolldgo this year It Is very 1BBBBM BJBj 'different. Not merely Is he already HBJ 'a man of political parts, a govornor HHJ , i nf marked ability and shining record H j at leader without fear or straddle H Hi' Is yet to be, by tho formal dcclnr- HH ntlon of Waren 0. Harding hlmscif, HH An IhvIIpiI associate In tho White RRRRRT ' BHj HouRo'joinclnl clrcln,,n wulcomo ad- IBBi -vlser ond counsellor ,a trusted col-nborathr col-nborathr nnd helper. So what Coolldgo now has to say Is, In tho HH annals' of vlco presidential candl- HH tlatnmjf unprecedented Intoicst nnd BBI JH Import, HH How clear nnd simple la Coollclge's HH process of thinking nud how clourly, BHJ nnd Bin i ply hn also oxprcBtes his I " BJB i 'thought may bo Judged by this on HH tho country's cardinal wants: HH "The greatest need of the nation HH , it the present tlmo Is to bo ros- HH -cued from nil tho reactions of the HH vnr. The chief task that lies bo- HH 'for us Is to repossess tho people of H their government and their property. We want to return to n thorough peace bonis because that Is tho fundamental fun-damental American basis. Unless tlngotermiiont and property of tho nation are In tho hands of tho people peo-ple and thcro to slay as their permanent per-manent abiding placo, self government govern-ment ondi and tho hope of Amorlca noes down In ruins." III.i sound understanding of tho principles of American government Is easily yet powerfully declared In theso fow wo-ds: "Tho gover -nent of tho nation Is In tho hands f the people when II It admlnlstori 1 In accordance with tho spirit of t'te Constitution, which they have ado ed and ratified, and which measure i tho powers they have granted ti other public officers, offi-cers, in nil Us branches whero tho functions nnd duties of tho threo coordinate co-ordinate branches, executive, legislative, legis-lative, Judicial, aro soparale and distinct dis-tinct and neither ono directly or Indirectly In-directly exercises any of tho functions func-tions of olther of tho others." His furthor analysis of tho elemental ele-mental laws of our representative government Is expressed In these simple, adequato words: "Either the peoplo must own tho government or tho government will own .tho peoplo. To sustain a government gov-ernment of tho pooplo tficre must bo maintained a property of tho peoplo. peo-plo. Thcro can bo no political independence in-dependence without economic Independence" Inde-pendence" And horo Is the hard head( for facts and things as well as tho unconcealed un-concealed scorn for sham, cant and humbug: "Tho observance of tho law Is the greatest solvent of publlo Ills. Men speak of natural rights, but I chal-IctiEo chal-IctiEo any ono to show whero In na-turo na-turo nny rights over existed or wero organized until thcro was established establish-ed for their declaration nnd protection protec-tion a duly promulgated body ot corresponding laws." Tho samo noto strikes on tho ; game theme when ho Bays j "There Is yet another manifest , disposition which has preyed on the j weakness of tho raco from Kb Infancy, Infan-cy, denounced allko by the letter and tho spirit of tho Constitution nnd repugnant to all that Is American, tho attempt to crealo class dlstlnc- Itlons. Thore aro no classes here. Thoro aro different occupations and different stations. ."All true Americans tire working for each other, exchanging tho results re-sults of The efforts of hand and brain wrought through tno xmcon-BUined xmcon-BUined efforts of yesterday, which wo call capital, nil paying and being paid by each other, serving and Being Be-ing nerved. To do otherwlso Is to stand disgraced and alien to our Institutions." In a whlto light he subscriber his mind and bis will to the supremo laws or nature. "Tho most obvious place to begin retrenchment Is by eliminating the extravagance of tho government Itself. It-self. Tho extravagant standards bred of recent years must be eliminated. elim-inated. This Bhould show Immediately Immedi-ately In reduced taxation. That great breeder of public and private extravagance, extra-vagance, the excess profits tax, should bo revised anr recourso had to customs taxes on Imports, one of the most wholesome of alll means of raising revenue, for It is voluntary In effect and taken consumption rather than production. It should bo laid according to the needs of a creditor nation, for the protection of the public, with a purposo to render us both economically and defensively Independent. "A revision of taxation must bi accompanied with a reduction of that rrlvate extravagance which tho ro-turns ro-turns from luxury taxes reveal as surpassing nil comprehension. Waiving tho moral effect tho economic econ-omic effect of such extravaganco Is lo withdraw needed capital and labor la-bor from essential Industries, greatly great-ly Increasing the public distress and unrest. "Thero has been profiteering. It should bo punished becauso It Is wrong. Hut It is Idlo to look to bucIi nctlon for relief. This class profit by scarcity, but they do not catiso It. "As overyono knows now, the difficulty dif-ficulty is caused by a scarcity of material, ma-terial, an abundance ot money and lnnuniclent production. Tho gov-, eminent must reduce tho amount of money as fast as It ran without cur-' tailing necessary credits. Production Produc-tion must bo Increased. Ho cuts clean strokes at Ignorance, superstition and charlatanism. "Thoro has been a great deal of misconception as to what was won by tho victory In France. Tho victory vic-tory will not bo found to bo a substitute sub-stitute for further human effort and endeavor. It did not create magto resources out of which wages could bo- paid that were not earned or profits pro-fits be made without corresponding service. It did not overcomo any natural law. It did conquer an artificial ar-tificial thraldom, sought to bo Im posed on mankind and did establish for all the earth a new freedom and a larger liberty, But that doe net, cannot mean, less responsibility. V means more responsibility, and until un-til the people of this nation understand under-stand and accept this increased responsibility re-sponsibility and meet it with increased increas-ed effort thoro will be no relief from the present economic burdens." And ho speaka in honost modeity and teaches in candor when he declare. de-clare. "Wo shall search in vain in lon-latlvo lon-latlvo halls, cxecutlvo mansions aui tho chambers of tho Judiciary for the greatness of tho government of our. country. Wo shall behold thoro duo reflection, not a reality, successful In proportion to Its accuracy. In a free republic a great government Is tho product of a great peoplo. They -will look to themselves rather than to government for success. Tho destine, des-tine, tho greatness of America, lies around tho hearthstone. If thrift and industry aro taught thcro and tho oxamplo of sou sacrlflco oft appivvs, if honor abldo thero and high Ideals, If thoro tho building of fortuno be subordlnato to tho building of character, char-acter, Amorlca will Hvo In sofiurlty, rejolalng In an nbundant prosperity nnd good government nt home, nnd In peaco, respect nnd confidence abroad. If theso virtues bo absent, ' thcro Is no power that can supply' theso blessings." I In Calvin Coolldgo tho Itepubllean party now has, tho nation must ro-Jolce ro-Jolce that it soon may have, a lead er of balance as woll a brilliance, n thinker of deeds as woll as words -a man of substance, ot dliVctncsa and of strength. Tho Sun and Now York Herald. OB " . |
