Show COL lOGE ACCEPTS ACCEPT WITH confidence has abiding faith in judgment of people on ac and purposes SEEKS FEGE AND THRIFT wants opportunity for all no government monopolies independent de dependent it but bat helpful foreign policy I 1 agton aug 14 no ques question vital to the people of the ulta Sr alei was dodged by president in the first great speech of ti hie to political camp campaign his speech accepting the nomination as president offered illin him by tile republican party and delly delivered ered in washington the eye evening of august 11 14 1 1 after outlining the sound foundation of the party system of government the president said cold party means political operation cooperation co not as an end in itself but a means an instrument of government it if founded upon a great moral principle and directed with scrupulous regard for its integrity it 11 cannot fall to sweep onward arid upward war advancing always steadily and surely a mighty constructive force a glorious glur lous bearer of progress that Is what the republican party parly always alwais lias has been and is today in tall full filth falth that such it continue to be deeply conscious of the high honor it confers and the responsibility it imposes I 1 accept its nomination for president of the united states in the history of our country Is re corded tile the public services rendered b our party for more than tile alie three score years that Is secure I 1 pas on to the recent past and the present progress of four years the president pointed out the con ann dialon of the lie nation in march 1021 10 u when be n the republicans resumed the reins of government offer after a lapse of eight years though more than two scars cars hat had passed since the armistice the nation was still technically in a state of war no diplomatic relation 1 existed with turkey greece russia colombia or mexico the par far east enst situation caused grave apprehensions because of the war a reckless extravagance had come to characterize acte the administration of public affairs find and was all too prevalent in private life the national debt iad bad risen to the staggering total of 30 sat more than of it in short time obligations without provision for payment govern government ment bonds wore were below par high war taxes burdened the people demobilization and liquidation mcie incomplete huge rall railroad road accounts remained unsettled transportation was crippled foreign debts amounted to banks were filled with frozen assets interest was high eat capital scarce ind and financial distress acute te about wore were without employment no adequate provision had b been cen made for rel relieving leving disabled disable A veterans and their dependents the great powers continued to burden their peoples copies I 1 by building competitive art laments anna ments an ti avalanche of war worn people and cheapened merchandise Im upon america from foreign lands the president pointed out mit turning to the settlement of these vast problems since the start of the republican regime if alie I 1 e president pr pointed out that treaties of wide importance have been ratified with Ger germany ninny austria hungary colombia ord mexico that 12 42 pother other treaties have met with the approval of the senate while 6 still awalt await action friendly intercourse with greece and turkey has been resumed peace and american rights have been fissured assured in the far enst east and the lie pacific turning to finance tile the president called attention lention at to the enact enactment neat of 0 the budget system and the resultant tremendous savings tor the fiscal year ending june 30 1921 president coolidge said our expenditures were and our surplus was SO for the year rear lust just closed our expenditures were 3 ond and our surplus exceeded tills was a reduction ducton ro in the annual cost ot of government of the public debt now stands at about Is a reduction in III three years of about 27 and means an annual saying savin in interest of more than the OW of short elroc obligations have nil all been quietly refunded or paid the internal revenue taxes have been reduced amee hi ice end ninny of them repealed sif sf that biln during the present fiscal year the tax receipts show a saving to the people of approximately a day compared with 1921 one government bond lias hils sold cold well over tile president pointed out that more than 40 pe per r cent of the debt inc due us from foreign nations liris blis been liquidated provid providing ng funds for liquId liquidating aIng about of tile national debt during a 02 year term the finances of this nation have been managed with a genius and a success unmatched since the duya days of hamilton sir mr coolidge declared A IL great revival of industry took placed place which Is spreading to agriculture complaint of unemployment has hag ceased wages have increased capital has become plentiful at a low rate of interest mr coolidge declared band and the bunks banks of our country oil aa a whole show a high percentage of giuld assets of the ge nerous AIR pas passed sp sed to relieve disabled vete ve raus tho the president wild said that more thru than n 71 have been rehabilitated 83 1000 of whom are earning more inore than ilion aliey i ram before the war compensation ls he b ing in paid at the rate or of about a year soon to bealler bcd i by 0 more 10 haw ir 6 been provided for hospital fact which are arc open to veterans vet erana 0 afan american wars no government the president d de dared ever provided so ly for or those disabled by service in tittle ine of war W touching the exclusion law and re s tricked immigration generally thed it ie president said restricted JIM I 1 xa g tion Is not an offensive but a purely defensive action it Is not adopted in criticism of others in the sligh slightest degree but solely for tile the purpose of I 1 protecting ourselves we cast tit no us asi per pensions on tiny race or creed but we vve must remember ber that every object ot of our institutions of society and gov erni eminent nent ft ill III fall unless america bi be kept american next the president dealt with the the tariff by of a protective tariff tarl fl lie he sold said we have saved american agriculture labor and industry from the menace of having ther their great I 1 home market destroyed through tile dumping upon it of a flood of foreign products under tills this use uise policy we saw an economic revival and our people as a whole in marked distinction from the sufferers from the distress and depression of other lands have come collie into an era ot of prosperity and plenty As a source of revenue the tariff surpassed all expectations in producing an annual return of the unprecedented sum of about A fiscal policy which places a large and much needed revenue la in the public treasury chih stimulating business to a condition of abounding pro defends itsell against any criticism its merits are demonstrated by its results we have protected our own inhabitants from the economic disaster of an invasion of too many foreign people or too much foreign merchandise the washington conference next the acceptance speech dealt with the washington conference whereby an end was put to the ruinous competitive armaments of 0 world power fi tae ia importance ot of which has never been fully realized by the leople in general mr coolidge continued on page six continued from page three 44 t ij 1 I 1 i COOLIDGE ACCEPTS WITH confidence declared turning to tile honest government issue president coolidge pointed out bluntly that in nil all his studies of political history lie could not recall nn an ad which was as desirous of a dishonest government that to check eXt Lan ance introduced a budget system cut taxes purged pay rolls made enormous reductions in the public debt and laid firmer foundations for the police peace of the world president coolidge declared lie he favored the sa stem of private american enterprise and was avas opposed to the ex tension of government ownership and control that he believed in e economy in public expenditures and the practical application of the that lie he believed in tax reduction lon and tax reform that he be favored protection favors permanent court 1 I baor the alie penn anent court and further limitation of armaments the president said 1 I am 0 opposed to aggressive gres sive war I 1 shall avoid involving ourselves in ili the political controversies of E europe drope but I 1 shall do what I 1 can to encourage american elti citizens zens and resources to assist in restoring europe with the sympathetic support of our government I 1 want agrical agriculture lure aal and industry wary on a sound basis of prosperity a aint i equality u a I 1 ff y continue to strive for the economic moral and spiritual welfare are of my country american citizens will decide in the coming election whether these principles shall have their approval and support the domestic affairs of our country appear to me to be by far the chief concern from this source comes our strength reneth sl the home market consumes nearly all our production our own boundaries will be determined to in a very large degree the economic we welfare and the moral worth of tile the american people these are plain facts but there tire are others equally plain reaffirming ills his opposition to entrance into the league of nations as a surrender of independence the dena favored becoming a member of the permanent court of 0 international justice as peace means fundamentally a reign of law entrance into the so called world court would do much to indicate our determination to r re strain the rule of force and solidify and sustain the rule of reason among nations mr coolidge said america helps europe tile president ident reviewed the difficulties of europe and the unavailing efforts to find a way out until the amerlean american plan proposed in 1022 was finally adopted under which the reparations reparation commission appointed a committee of experts whose three american members included gen charles G dawes the presidents running mate on the republican ticket the appointment of general dawes as chairman and the report aich which has hag met worldwide world wide approbation were pointed out when the plan is in operation era tion the president sald said lie he ifould consider it time to approach the groat grent powers with the proposal tor for another conference to limit armaments still further and demise plans tor for the codification fi of international law 1 I trust that neer never again will the women of tills this nation be called on to sacrifice their loved ones to the terrible urge of war president coolidge said touching latin An america terica the president said that we have constantly striven to come to more complete understandings der standings with those nations lie ile recited the help given mexico to avert domestic violence there and the alic idal lation atlon of a policy of making it woth while for a government to conduct itself so as to merit recognition n ue pointed to the written agreement with mexico to DegOt negotiate late a treaty of amity and commerce such as has not been in existence since 1991 equal opportunities for all I 1 of discrimination of all kinds arest president coolidge said this Is one country 9 we are one people united by common interests there should be no favorites find and no outcasts no race or religious prejudices in the government america opposes special privilege tor for anybody and favors equal opportunity for everybody it has adopted those these conclusions because they are the logical conclusions of our I 1 ideals deals of freedom moreover we bet believe I 1 eve they contribute to our material mator lol Nel welfare fare we oppose the artificial supports of privilege and monopoly bebau because c they are arc both unjust and uneconomic they are not right they do not work the farm situation reviewing the situation of the farmer the president said that one of the he first thoughts in 1921 1021 was for the relief and revival of agriculture as a fundamental industry and upon the credits of between three ant and four hundred wilton million dollars extent led through the war F finance corporation an additional provided for the relief of the cattle industry and the lie formation of a corporation in the spring which hiell it was estimated can furnish for diversification and relief in the northwest lie ile told of the activities of the intermediate credit banks directly tin aind indirectly assisting farmers the president commented on the present upturn of prices for agricultural products the government rendered a great deal of assistance he said 11 and alid private enterprise operated cooperated co operate d but the fundamental remedy was provided ded as it always must be provided not so 80 much through the enactment of legislative laws as through the working out of economic laws because the farmers have thoroughly realized this they have on the whole opposed price fixing by legislation while maintaining that sound position they have seen a partial relief come in a natural way as it was bound to come we now need in agriculture more organization operation cooperation co and diversification the farmer fanner should have the benefit beneat of legislation providing for flood control and development of inland waterways peter better navigation ala lie gation past and the treat ank cwg en reclamation and especially relief relict for those who cannot meet their payments on oil irrigation projects but the main lanin problem la Is marketing co opera tive effort of the freight rate structure good business anil and good wages in manufacture manufacturing ing and the settlement Kett loment of european Buro penn affairs will all help belp to provide better mark market t conditions dI dit ions tIong the republican platform recognizes that agriculture should be on a basis of economic OCOn omle equality with other industries tills this Is cosy CASY to say but tile the farmers themselves and their advisers have never been attic able to agree on a plan to provide it by law now that nature and economic law have given some temporary relief I 1 propose therefore to appoint a committee to investigate and report measures to the congress in december that may heij lie p secure this result which we all desire I 1 want profitable agriculture established permanently I 1 want arant to SOO sec tile dollar of the farmer always purchase as as any other dollar under tile policy of protection and restrictive immigration he asserted no deflation of wages has occurred while tile the cost of living has pone gone down donan wages have advanced the 1 12 hour day and the seven day week have practically been abolished th the uninterrupted operation of public bubli c utilities with mutually satisfactory letory and legally established methods method of adjusting labor questions have been sought collective bargaining and voluntary arbitration have been encouraged ile republican rule has raised the wage earner earlier to n R higher standard than he ever occupied before anywhere in tile world reduction of expenses president coolidge then pointed out that tile he people of the country because of the war v ar have had to recreate fenily ono one flath of our national resources we can make up the loss lie he said only by saving part of what we produce oah day it Is tor for that reason he continued that the present administration lias has made every possible effort to te cut down the expenses of government the expenses of the governa government ent reach evera ody taxes take from everyone it part of ills his earnings and force everyone to work for a certain part of ills time for the government when we come to realize that the yearly expenses of all the governments in in this country have reached the stupendous surn sum of about we got get some idea of what tills this means of this nino amount urit about Is needed by the |