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TEXT OF PRESIDENT'S'MESSAGE
(Continued from page one.)
graphically or according to pursuits,
or personal followiiiB. For a cen
tury and a third parties have lioen
jharged with responsibility and held
Hirici uccuuiiuue;. n iit'ii iney iaii
thry are relieved or authority; and
the system has brought us to a na
tional eminence no less than a world
example.
Necessarily legislation is n matter
of compromise. Tile full idea! is sel
dom attained. In that meeting of
minds necessary to insure results,
there must and will be accommoda
tions and compromises, but in the es-
. timnte of convictions and sincere pur
poses the supreme responsibility la
U national interest must not be ignor-
I VmI. The shield to the high minded
.public servant who adhere to party
. policy is manifest, but the higher pur
,pose is the good of the republic as a
k whole.
Ji It would be ungracious -to with-
Jiold acknowledgement of the really
large volume and excellent quality of
work accomplished in the extraord
inary session of congress which so re
leently adjourned. 1 am not mimind-
: jful of the very difficult task with
' w hich you wcro called to deal and no
: ?fn can ignore the insistent condi
. Hons which, during recent years have
called for the continued and almost
exclusive attention of your member
ships to public work. It would sug
1 .f'est In sincerity if I expressed com
"""iPlete satisfaction with every roll call,
jliut we are agreed about the difflcul-
;?t les and the inevitable divergence of
-opinion In seeking the reduction
: 'amelioration and readjustment of the
V Jburdens of taxation. Later on, when
jollier problems are solved, I shall
imiko some recommendations about
; aenewod consideration of our tax pro
gram, but for the immediate time be
fore us, we must be content with the
'billion dollar reduction in the tax
draft upon the people, and diminish
j rt irritations, banished uncertainly
6 i.nil Improved methods of collection.
,Jly your suslainmeiit or the rigid
economies already Inaugurated, with
hoped for extension of these ccono
l lilies and added efficiencies in admin
ijlistration 1 believe further reductions
' may be enacted and hindering bur
.dens abolished.
s In these urgent economies we shall
. lie immensely assisted by the budget
system or which you made provisions
in the extraordinary session. The
first budget is before you. Its prepa
lation is a signal achievement and the
. perfection of the system, a thing im
. possible In Hie few months available
for its-initial trial, will mark its en
actment as the beginning of the
greatest reformation in governmental
A practices since the beginning of the
i' 'republic. , . -.
; There is pending a grant of niithou
ity to Ihe authoritative bram-h of the
government I'm- the funding and sul
,1 lenient, of our vast foreign loans
growing out 'of our grant' - of war
, Vredit.s. "With the hands of the execu
tive branch held impotent to deal
Avith with these debts, we are hinder
ing urgent re-adjustment among our
debtors and accomplishing nothing
i Hoy ourselves! I ihink it is fair for
;;tbe congress to assume that the ex
yeeutive brain h of the government
wnuiil adopt no major poliey in deni
zing with these matters, which would
.-jconflict with the purpose of congress
4n authorizing the loans, certainly not
:"without ashing congressional ap
proval, but there are minor problems
incident to prudent loan transactions
:ind the safeguarding of our interests
fwhich cannot even bo attempted wilh
fout this authorization. It will he help-
!lul to ourselves and it will Improve
conditions among our debtors if fund
ing and the settlement of defaulted in
terest may be negotiated.
Merchant .Murine.
The previous congress, deeply con
cerned in behalf of our merchant ma
rine. In lHL'O enacted the existing ship
ping law, designed for the upbuilding
of the American merchant marine.
ilAniong otner inings "c iu..wi,i.
34 encourage our shipping on the world's
seas, the executive was directed to
give notice of the termination of all
existing commercial treaties in order
to admit of reduced duties on im
ports carried in American bottoms.
During the life of the act. no execu
tive has complied with this order of
the congress. When the present ad
ministration cnnie Into responsibility
it heunn an early inoulry into the fail
ure to execute the expressed purpose
of the Jones act. Only one conclusion
has been possible. Frankly, members
..r hmi... ;,n,l senate, eager as I am to
Join you In the making of an Ameri-
can merchant marine commensurate
1 with our commerce, the denounce-
j ment of our comnicrciat treaties
k would involve us In a chaos of trade
J relationships and add indescribably to
the confusion of tile aircaoj
cd commercial world, our power to
do so is not disputed, but power and
ships, without comity of relationship
will not give us the expanded trade,
which Inseparably is linked with a
great merchant marine. .Moreover,
the applied reduction In duty, for
which the treaty denouncements were
necessary, encouraged only tin' carry
ing of dutiable Imports to our shores,
while the tonnage which unfurls the
For Constipated Bowels Bilious Liver
... .i,,i, ni rmntv votir lowols mm
The nicest cathart.c-wxamo ,
Physic your bowels when you have
Headache biliousness
r.,1,1. Indigestion
I'uzinos Sour Stomach
Is candy-like Cascarcts. One or two
l'l:l:-r on tie- seas is both free and du
tiable ar.d the cargoes which make ;
nation eminent In trading are out
.going, rather than Incoming.
It
nut
my thought to lay the.
problem in detail before you today.
It is desired only to say to you that J
the executive brant b of tile govern-i
mi nt, uniiil'lueiiced by the protest of I
any nation, for none has been made, j
is well eonvineed that your proposal, j
'highly intended and heartily support--'til
here, is so fraught Willi dilTP-ullies
and so marked by tendencies to dis
courage trade expansion, that I in
vite your tolerance of non-compliance
for a very few weeks until a plan may
tie presented wbieh contemplates no
greater draft upon the public treasury
and whb-h. though yel too crude to
offer it today, gives such promise of
expanding our merchant marine that
it will argue its own approval. It is
enough to say today that we are so
possessed of ships, and the American
intention to establish a merchant ma
; rine is so unalterable, that a plan of
reimbursement, at no other cost than
is contemplated in the existing act.
will appeal to the pride and encour
age the hope of nil the Amerieali
people.
I The Tariff.
I There is before you the completion
of the enactment of what lias been
termed a "permanent" tariff law, the
word "permanent" being used to dis
tinguish it from the emergency act.
! which tlie congress expedited early In
the extraordinary session, and which
is the law today. 1 cannot too strongly
urge an early completion of this nec
essary legislation. It is needed to sta
bilize our industry at home: it ls es
sential to make more definite our
trade relations abroad. More, It is
vital to the preservation of many of
our own Industries, which contribute
so notably to the very lifeblood of our
nation.
There is now ami there always will
be. a storm of conflicting opinion
about any tariff revision. We ennnot
go far wrong when we base our tar-
ils on the policy of preserving t,o
productive activities, which enhance
employment ami add to our national
prosperity.
Give and Take
Again comes the reminder that we
jmust not be unmindful of world condi-
tions, that peoples struggling for in
jdnstrial rehabilitation and that we
i cannot dwell in industrial and political
seclusion and at the same lime do the
I Just thing in aiding world recognition
i and readjustment. We do not seek a
elfish aloofness, and we could not
I profit by it, were it possible. We
lecognize tne necessity of buying
wherever we sell, and the permanence
of trade lies in its acceptable ex
changes. In our pursuit of markets
wo must give as well as receive. , We
cannot sell to others who do not pro
ditee, nor can we buy unless we pro
duce at Inline. Sensible of every obli
gation of humanity, commerce and fi
nance, linked ns they are in the pres
ent world condition, it is not to be
argued that we need destrov ourselves
to be helpful to others. With all my
heart, I wish restoration to the peoples
blighted by the awrul world war, but
ithe process of restoration docs not lie
in our acceptance or like conditions.
I It were better to remain on firm
I ground, strive for ample employment
ami nign standards of wages at home,
and point the way to balanced budgets!
rigid economy, and resolute, efficient
noih as tile necessary remedies
cure disaster.
to
Everything relating to trade among
ourselves and anion:: nations has been
expanded, excessive, inflated, abnor
mal ami thore is a madness in finance
i which no American policy alone can
cure. We are a creditor nation, uot by
I normal processes, but made so by war.
j It is not un unworthy selfishness to
I seek to save ourselves when the pro
I cesses of that salvation are not only
.not denied to others hut commended
jto them. We seek to undermine for
others no industry by which they sub
'sist; wo are obligated to permit the
I undermining of none of our own which
make for employment and maintained
activities.
Kvery contemplation it little mat
ters In which direction one turns, mag
nifies the difficulty of tariff legislation
nt the necessity of the revision is
j magnified with it. Doubtless we are
Justified in seeking a more flexible
policy than we have provided hereto
fore. I hope a way will be found to
jmako Tor flexibility and elasticity, so
that rates may he adjusted to "meet
.unusual and changeable conditions
which cannot be accurately anticipat
ed. There are problems incident to
unfair practices, and to exchanges
which madness in money have made
almost unsolvable. I know of no man
ner in which to effect this flexibility
other than the extension of the powers
of the tariff commission so that it can
adapte itself to a scientific and wholly
just administration of the law. )
I am not uninindrul or Ihe constitu
tional difficulties. These can be met
by giving authority to the chief execu
tive who could proclaim additional dut
ies to meet conditions, which the con-
giess may designate.
At this point I must disavow any de
sire to enlarge the executive's powers
- vi ctl
P'- 'M' work wnll( you
rnscarets never stir you up
i iit Halts. Pills. Calomel, or
on and they cost only ten cents a box.
.Children love Cabaret,, too. Adv.
or to add to the responsibilities of thftinna! requirement and guard against j
office. They are already too largo. If disaster. )
there were any other plan I would pro-! The base of the pyramid of civiliza-j
lor ii. 'tion which rests upon the soil is;
The grand of authority to proclaim ' shrinking through the drill of popula-
would necessarily bring the tiiriif jtion from farm to city. Kor a genera--commission
into new and enlarged tion we have been expressing more or:
activities, because no executive could j less concern about tMs tendency,
discharge such a duty except upon the I Koononilsts have warticl and states-,
information acquired and recom:nen- men have deplored. We thought for a
dations by this commission. Hut the, time that modern conveniences and
plan is feasible, and the proper func-Jtiie more iiititnate contact would hall
tionlng of the board would give us a' the movement, but It has g.me stead-'
better administration of a defined pol-
icy than ever can be made possible by
tariff duties prescribed without flex
ibility. There is a manifest difference of
opinion about the American valua
tion. Many nations have adopted de
livery valuation us the basis for col
lecting duties; that is, they take ihe
cost of Imports delivered at the pi-it
of entry as the basis for levying duty.
It Is no radical tb , arture, in view of
the varying conditions and the disor
dered slate of money values, to pro
vide for American valuation, hut
there can not be ignored the danger
or such valuation brought to the level
of our own production costs making
our tariffs prohibitive. It might do
so In many instances where imports
ought to be encouraged. 1 believe
congress ought well to consider the
desirability of compromising alter
nates. Money Flexibility
In this proposed flexibility, author
izing increases to meet conditions so
likely to change, there should also he
provision for decreases. A rate may
he just today, and entirely out of
proportion six months from today. If
our larlffs are to bo mado equitable,
ami not necessarily burden our im
ports and hinder our trade abroad
frequent adjustments will be noces
sary for years to come. Knowing
the itnpossiblity of modification by
act of congress for any one or a score
of lines without involving a long ar
ray of schedules, I think we shall go
a long ways toward stabilization, if
there is recognition of the tariff com
mission's fitness to recommend urg
ent changes by proclamation. I am
stir about public opinion favoring the
early determination of our tariff pol
icy. There have been reassuring
signs of a business revival from the
deep slump which all the world has
been experiencing. Our unemploy
ment which gave us deep concern only
a few weeks ago, has grown encour
agingly less, and new assurances and
renewed confidence will attend the
congressional declaration that Ameri
can industry will be held secure.
-Much lias been said about the pro
tective policy for ourselves making it
impossible for our debtors to dis
charge their obligations to us. This
is a contention not now pressing for
decision, if we must choose between
a people in idleness pressing for the
payment of Indebtedness, or a people
resuming the normal ways of em
ployment and carrying the credit, let
us choo30 the hitler. Sometimes we
appraise largest the human ill most
vivid in our minds. Wo have been
giving, and are giving now, of our
inrhioitce and appeals to minimize
the likelihood of war and throw off
tlie crushing" burdens of armament.
It is all very earnest, with a national
soul impelling. Hut a people unem
ployed and gaunt with hunger face
a situation quite us disheartening as
war, and our greater obligation to
day is to do the government's part to
ward resuming productivity and pro
moting fortunate and remunerative
employment.
Aid to Fnriners
Something more than tariff pro
tection must help agriculture. The
farm has come near readjustment.
The actual depression in our agricul
tural industry while agricultural
prosperity is absolutely essential to
the general, prosperity of the coun
try. Congress has sought very earnestly
(o provide relief. It has promptly
given such temporary relief as has
been possible, but tho call Is Insist-'
ent for tho permanent solution. It is
inevitable that largu crops lower the
price and short crops advance theni.
No legislation can euro thut funda
mental luw. Hut there must be some
economic solution for .the excessive
variation in returns for agricultural
industry.
It is rather shocking to he told and
to have the statement strongly sup
ported, that H, bull, 000 bales of cot
ton, raised on American plantations
In a given year, actually will be
worth more to the producers than
13,000,000 bales would have been.
Kqually shocking is the statement
that 700,000,000 bushels of wheat
raised by American farmers, would
bring them more than ' a billion
bushels. Yet "these are not ex
aggerated statements. In a world
millions who need food and
clothing which they cannot get
Tho Remedy
In the main the remedy lies In dis
tribution and marketing. Kvery pro
per encouragement should be given to
the co-oiierative marketing programs.
These have proven very helpful to the
co-operating communities in Kurope.
In Itussla the co-operative community
has become a recognized bulwark of
law and order and saved individualism
from engulfnient. I'lllniately they will
be credited with the salvation of the
Russian state.
No one can dispute that we cannot
live without the farmer. He is justi
fied in rebelling against the transpor
tation cost, (liven a fair return for
his labor, he will have less occasion to
appeal for financial aid, and given as
surance that his labors shall nfit be in
vain, we reassure all the people of a
production sufficient to meet our na-
ily on. Perhaps only grim necessity
will correct it, but we ought to find a
less drastic remedy.
Freight Rates
The existing scheme of adjusting
freight rales has been favoring the
basing points, until industries are at
tracted l some centers and repelled
Irani others. A great volume of un
economic tiansporiatiou has resulted
ami the cost accordingly. The grain
milling and meat packing industries
alford ample illustration and the at
tending e -ncentration is readily appar
ent. The menaces in concentration
are not limited to the retarding influ
ence on agriculture. Manifestly the
conditions and terms of railway trans
portation ought not be permitted to
increase the undesirable tendency. We
has a just pride in our great cities hut
we shall find a greater pride in the
nation which has a larger distribution
of Its population into the country,
where comparatively self sufficient
communities may blend agriculture
and manufacturing interests 111 har
monious helpfulness and enhanced
good fortune. Such a movement con
templates no destruction id things
wrought, of Investments made or
wealth Involved, it only looks to n
general Kiliey ol' transportation of dis
tributed industry and of highway con
struction, to encourage the spread of
our imputation and restore the proper
balance between city and country. The
problem may well have your earnest
attention. '
Humanism
It litis been perhaps the proudest
claim of our American civilization that
in dealing w ith human relationships it
has constantly moved toward such jus
tice in distributing the product of hu
man energy that it has improved con
tinuously the economical status of the
mass of people. Ours has been a high
ly productive social organization. On
tlie way up from the elemental stages
of society we have eliminated slavery
and serfdom and are now far on the
way to the elimination of ixiverty.
Through the eradication of illiteracy
and the diffusion of education man
kind has reached ti stage where we
may fairly say that in tlie United
States equality of opportunity lias
been attained, though all arc not pre
pared to embrace it. There is, indeed,
a loo great divergence between the
I ' mile conditions of the most and
t"o least lavoreu classes in tlie com
munity. Hut even that divergence has
now come to the point where we
bracket the very poor and the very
rich together as the least fortunate
classes. Our efforts may well be di
rected to improving the status of both.
While this set of problems is com
monly comprehended under the gen
eral phrase "capital and labor" it is
really vastly broader. It is a ques
tion of social and economic organiza
tion. Labor has become a large con
tributor, through its savings, to the
ylock of capital; while tho people who
own the largest individual aggregates
of capital, ure themselves often hard
and earnest laborers. Very often it
is extremely difficult to draw tho line
of demarcation between tlie two
groups; to determine whether a par
ticular individual is entitled to he
set down as laborer or as capitalist.
In a very large proportion of cases he
is both, and when h els both, lie is
the most useful citizen.
The right of labor to organize, is
just us fundamental and necessary as
Is the right of capital to organize.
Tho right of labor to negotiate, to
deal with and solve its particular
problems in an organized way,
through its chosen agents, is just as
essential tis is the right of capital to
organize, to maintain corporations, to
limit the liabilities of stockholders.
Indeed, we have come to recognize
that the limited liability of the citi
zen as a member of a labor organiza
tion closely parallels the limitation of
liability of a citizen as a stockholder
in a corporation for profit. Along
this line of reasoning we shall make
the greatest progress toward solution
of our problem of capital and labor.
In the case of the corporation,
which enjoys the privilege of limited
liability of stockholders, particularly
when engaged in the public service It
is recognized that the outside public
has a large concern which must be
protected; and so we provide regula
tions, restrictions, and in some cases,
detailed supervision. Likewise In the
case of labor organizations, we might
well apply similar and equally well
defined principles of regulation and
supervision in order to conserve the
public's Interests as afrected by their
operations.
Just as It is not. desirable that a
corporation shall hu allowed to Im
pose undue actions upon the public
so it Is not desirable that a labor or
ganization shall be permitted to ex
art unralr terms of employment or
subject the public tu actual distresses
in order to enforce its terms. Finally,
just as we an; earnestly seeking for
procedures whereby to adjust and
settle po'.itlcal differences between
nations without resort to war, so we
may well look about for means to est-
tle the differences between organized
capital and organized labor without
resort to those forms of warfare
which we recognize under tho name
of strikes, lockouts, boycotts and tin'
like.
As we have great bodies of law
carefully regulating the organization
and operations of industrial and li
naui'iul corporations, as we have
treaties and compacts among nations
which look to tlie settlement of dif
ferences without (he necessity of con
flict in arms, so we might well have
plans of conference of common coun
sel, of mediation, arbitration and ju
dicial distribution in controversies
between labor and capital. To ac
complish this would involve the nec
essity to develop a Ihorough going
code of practice in dealing with such
affairs. It might be well to frankly
set forth the superior interest of the
community as a whole to either the
labor group or the capital group.
With rights, privileges, immunities
and lnodeH of organization thus
carefully defined, it should be possi
ble to set up judicial or quasi judi
cial tribunals for the consideration
and determination of e.U disputes
which menace the public welfare.
In an Industrial society such as
ours the strike, the lockout and ihe
boycott are as much out of place and
ns disastrous in their results as is
war or armed revolution in the do
main of politics. The same disposi
tion to rcsonahleness, to conciliation,
to recognition of the other side's
point of view, Ihe same provision of
fair and recognized tribunals and
processes, ought to make It possible
to solve the one set of questions as
easily as the other. 1 believe the so
lution Is possible.
The consideration of such a policy
would necossllale the exercise of can1,
of deliberation. In tho construction
of a code. and a charter of elemental
rights, dealing Willi the relations of
otuployer and employe. This founda
tion In the law, dealing with the mod
ern conditions of social and economic
life, would hasten the building of the
temple of peace in Industry which a
rejoicing nation would acclaim.
The Kx-Service. Mail
After each war, until the last, the
government has been enabled to give
homes to its returned soldiers, and a
large part of our settlement and de
velopment has attended this generous
provision of land for the nation's de
fenders. There is yet unreserved approxi
mately 1100,000,000 acres ill tho pub
lic domain, 20,000,000 acres of
which are known to bo susceptible of
reclamation an dmadn fit for hollies
by provision of irrigation.
The government has been assisting
In tho development of lis remaining
lands, until the estimated increase
In land values in tho Irrigated sec
tions is fully $;00, 1100, 000, and the
crops of 1120 alone on these lands
lire estimated to exceed ? 1 00, 000,
000. I'nder Ihe law authorizing these
expenditures for development, the ad
vances are to be returned, and it
would be good business for the gov
ernment to provide for reclamation
of the remaining 20,000,000 acres, in
addition to expediting the completion
of projects long minder y
Tinier what is known as the coal
and gas lease law, applicable also to
deposits of phosphates and other
minerals on the public domain,
li aseu are now being made on the
royalty basis, and are producing large
revenues to tho government. Fnder
this legislation ten per centum of all
royalties is to he paid directly to the
federal treasury and of the remain
der fifty per centum Is to be used
for reclamation of arid lands by Irri
gation and forty per centum is to bo
paid to the states in which tho opera
tions are located, to be used by them
for school and road purposes.
These resources are so vast and tho
development Is affording so reliable a
basis of estimate, that the Interior
department expresses the belief that
liitlniately the present law will udd
In royalties and payments to the
treasuries of the federal government
and the states containing these pub
lic lands a total of $12,000,000,000.
This means, of course, tin added
wealth of many limes that sum.
These prospects seeni to afford every
justification of government advances
in reclamation and irrigation.
Contemplating the inevllublo and
desirable increase or population, there
is another phase ol reclamation fully
worthy of consideration. There are
79,000,000 acres or swamp and cut
over lands which may bo reclaimed
and made as valuable as any farm
lands we possesB. These acres are
largely located in southern states,
and the greater proportion Is owned
by .the states or by private citizen's.
Congress has a report of the survey
of this field for reclamation and the
feasibility is established. I gladly
commend federal aid, by way of ad
vances where state and private par
ticipation Is assured.
Homo making Is one of greater
benefits which government can bo
stow. .Measures are pending embody
ing these sound policies to which we
may well adhere. It Is euslly possi
ble to make available permanent
homes which will provide, In turn for
prosperous American families, with
out Injurious competition with estab
lished activities, or Imposition on
wealth ulready acquired.
While we are thinking of promot
ing the fortunes of our own people, I
am sure there is room in the sympa
thetic thought of America for fellow
human beings who are sufreriug and
dying of starvation In Itusisa. A se
vere drought In the) valley of the
Volga has plunged l.", 000,000 people
into grevibus famine. Our voluntary
agenrles are exerting themselves to
the utmost to savo the lives of child
ren In this area, but It Is now evident
li.
ded the loss
of life will et
liens. America
:il
not be
such a call as thai.
No Kll--iail IP'ei'Ulllliou
We do net rc.-or.iii;'.c ih.- ,
no-lil ol' KusM-i el' t.-ld'atc tie
Kanda wbi.h emanates then lr.
opc-
bot
se do net f.-i;;ei the traditions of
Kn-isiau 1 l iendship. We may put aside
our cooMderatleti of ail intej national .
polities and fundamental dil rieultics .
in government, 'ihe bis thing is the
call of the suffering and ihe dying.
I'nreseivedly 1 recommend the ap
propriation nec ssai y to supply the
Ar.uinan relief .ulmif.istra:ion with'
ten million bushels of t e: n and one
million bushels of seed grains, not j
alone to halt the v.ave of death (
through starvation, bin lo enable,
spring plaining in areas where the.
seed mains have been exhausted lull-,
porai-ily lo stem starvation.
Tlie American l . lief adniinisl ral ion
is din fled in Kussni by former of-j
liceis ol nor own armies, and basj
fully deic. a-lrated its ability to trans
port and ..isliiblite relief through
American bauds without hindrance or
loss, 'file lime has come to ndd the
governments upport to the wonderful
relief already wrought out of Ihe
generosity of the American private
purse.
I am not unaware that we have
suffering and privation at home.
When il extends the capacity for the
relief wilblil the states concerned, it
will have federal consideral ion. ltl
seems to lue we should be indifferent j
to our own heart promptings, and
out of i rd with the spirit wbieh ac
claims the Christmas tide, if we do
not give out of our national abun
dance to lighten this burden of woe
upon a people blameless anil helpless
ill a famine's peril.
There are a full score of topics con
cerning which it would be becoming
to address you, and on which 1 hope
to make report at a later lime, 1
have alluded to the things requiring
your earlier attention. However, 1
cannot end this limited address with
out a suggested amendment to the or
ganic law.
Many of us belong to that school of
thought which is hesitant about alter
ing the fundamental law. 1 think our
tax problems, the tendency of wealth
lo seek non-taxable investment, and
Ihe menacing increase of public debt
V0U WILL NEVER wish
0, pills after having once
t!:at nnl
Better
than Pills
lets. They are easier and more pleasant to take,
more gentle and mild in their action and more reli
able. They leave the bowels in a natural condition,
while the use of pills is often followed by severe
constipation, requiring a constant increase in the
dose. Every bottle guaranteed by your druggist.
Attention, Mr. Rancher!
t will pay YOU to keep your foot dry
and warm working in your orchard.
Men's All Rubber Pacs, "Goodyear" brand, all sizes,
Our low price $4.50
Men's All Rubber Kneo Boots, "Q-oodyear" brand,
all sizes. Our low price. . ,$5.50
Men's Extra Heavy Dull Rubbers to wear over
leather shoes, "Goodyear" brand, all sizes. Our'
low price $2.50
TIicso numbers are. al! warranted fresh
from Hu; factory and will stand tlie gaff.
"Good Shoes"
OOCOOOCCOOOOOOOOCGOCXXOOOOOOOOOCOOCOOOCCCOCOOOOCOOOOO
Your family and friends want your picture. 1
Have it made now for Christmas
In Olivetone and
g "On the Ground Floor" g
8 217 East Main St. Modford g
OOOOOCOOOOOOCCKXXOOOOOOCWCKK)OOOOCOOOCOOCKX000000000'J
!' d-'ial. Mato an I ni u n i-'ipa 1, all
w- 1! ju.- i:os a iji'o!(,:-:i1 to change the
.-.-;: I it m i-.u so .i.-i lo ,nd tile issue of
non-tax . i i i if lend-. ,'o action can
eh'lt'.ge the statllS et" 'lie II ' a 11 V biPiOUS
o-.ilsta-.alme, l.ni uc can guard against
tr.tme encouragement el capital par
alysis, while a halt in the growth of
public indebtedness would be bene-l't--ial
to oie. whole land. Such a
change i:l ihe coa..-iitiitioii must be
very thor.-'auhly considered before
. . 1 1 1 1 1 1 e -n. There ought to l-o known
what i ni'lueiK e it will have on the in-eviiat-1"
refunding of our vast na
tional debt, how it will operate on the
necessary refunding of state and mu
nicipal debt, how the advantages of
nation ow-r state and municipal, or
the contrary, may be avoided.
Clearly ihe states would not ratify
lo their own apparent disadvantage. I
suggest tlie consideration bi-iause the
iliil't el' wealth into non-taxable seeu
lilies is hindering the flow of large
capilal to our industries, inaniil'ae-turiu,;-
agricultural and carrying,
until we are discouraging the very ac
tlviiies which nuiku our wealth.
Agreeable to your expressed deslro
and in complete accord with the pur
poses of the legislative branch of the
government, there is in Washington,
as you happily know, an internitlloiui)
conference now most earnestly at
work on plans for the limitation of
armament, a naval holiday and Iho
just settlement of problems wbieh
mifht develop into causes of Interna
tional disagreement.
It Is easy to believe a world hope Is
centered on this capital. A great
accomplish nient is not Improbable.
SOME THINGS I
OF INTEREST
Tho Poultry Producers' Associa
tion of MiNll'ord shipped UG.-I57
pouiuhi of (lrorcil turkoya for th.
ThankHplvintf liiarki't, thin being tho
InWNt .shipment ever mndo from this
valley. The uuulity of them birds
were so fine, that cm their arrival at
Siin Francisco, the government took'
lii.ono pounds of thiH lot. Adv.
mm
to take another dose of
used Chamberlain's Tab-1
21 N. Central
Holiday Specials
The new and very popular
Easel Style Portraits
$3.00 and $5.oo
per dozen
Capatone Shades
WEM'S ZTUDI0