Evening Star Newspaper, November 20, 1925, Page 24

COOLIDGE DECLARES COMPETITION OF U. S. IN BUSINESS UNSOUND (Continued from Page Twenty-one) | would ha ,revailed over great areas. histor disorder and revolution, with tter breaking down of all legal restraints and the loosing of all the passions which had been aroused by our years of conflic For e oned. Others did what they and no doubt made larger pro- portionate sacrifices, but it was the credits and food which we supplied that saved the situation Aided Europe's Recovery. Wihen the work of restoring the fls- | condition of Europe began, it was accomplished again with our assist- e ustria determined to necial house in order. we »art of the capital. When aght to establish a sound .l condition, we again contributed proportion of the necessary Without this, the repara- \ would have utterly failed. could not otherwise have tes of occupation would ave gone on increasing international \and ill will. It was our large \tee of credit that assisted Great n to return to a_ gold basis we have done for France, Italy, m, Czechoslovakia, Poland and ments, whether they be ap- i at home or received with ad, which have been v the business inter- intry, constitute an| d service. Others have hd adopted agreements on which hold a rank nce. But when we nsideration of what has when we turn aside from s been promised, to ex-| as been performed, no ! e onstructive accomplish- ¢ the past five years compares he support which Ame: ted to the financial world. It clearly ma holds a distinctly higher rank mere burter and sale. It reach- love the ordinary business trans- into a broader realm. America ded her huge armies and re- powerful fleet, but in at- e to deal justly hrough the £ of our financial resources we more for peace than we done with all our military ce, we know, rests to a upon justice, but it is for the public mind to ce from economic oppor- he problem for which we | ontribution to this le with American mor k is not all done yet. No will develop that this has not lished without some mis. the important fact remains n the world needed to be re- we did respond. As natfons t. would have rap- | a safer economic ex @e their way to a| people are re.establ true husiness. Debt Settlements. fforts to as-| lately r‘oms" E settlement of | debts. Ten nations have | 1 settlements for $6,383.- of these debts, exclusive of ac- principal sums h have been funded to the United States | 6.486,000. There re- e nations, with debts in the amount of $3,673,342,362, ret been settied. Of X rvepresents | . Nicaragua is paying cur-| v, and a moratorium for 20 y sia has not been recognized, and Li-| beria owes hut $26,000. these valu in a period of 3 We are extending the tin r ir eturn over a term of 62 years. While | ements already made and ratified | Congress, and those which will vesented for ratification, are ver enerous, 1 belleve they will be aliki beneficial to ourselves and the coun- concerned. They maintain the | of the integrity of interna- | bligations. They help for-| to re-establish thelr | and will contribute | recovery of tnelr | will assist both In | ance of friendly relations, | re alwavs jeopardized by un- | differences, and the nutual ement of trade opportunities | the prosperity of the ved i *. S. Must Do Share. countries § ing out of these prol E t of the ‘flgl’.(yi which was imposed upon man- | nd of subduing the earth. America | 18t either perform her full shade in | e accomplishment of this great rid destiny or fail. For almost { three centuries we were intent upon | our domestic development ~ought the help of the pe wealth of other lands by wh crease our « Augment national fortune. have grown exceedingly great in pop. | nulation and in riches. This power | d this prosperity we can continue ourselves if we will but proceed moderation. If our people will use those resources which have | been intrusted to them. whether of | #ommand over large numbers of men | «r of command over large investments caplital, not selfishly but generous: | not to explolt others but to serve | others, there will be no doubt of an increasing production and distribution of wealth All of these efforts represent the| processes ¢f reducing our domestic | and foreign relations to a system of law. They consist of a determination | of clear and definite rules of action. 1t is a civilizing and humanizing method adopted by means of confer- ence, discusslon, deliberation, and de- termination. If it is to have any continuing success, or any permanent value, it will be because it has not been brought about by one will com pelling another by force, but has re sulted from men reasoning together. Tt has sought to remove compulsion from the business life of the country and from our relationship with other natfons. It has sought to bestow a Freater freedom upon our own people and upon the people of the world.| We have worshiped the {deals of force | Jong enough. We have turnad to wor- #hip &t the true shrine of understand ing and reasom. n our domestic affairs we hake adopted practical methods for the ac- complishment of our ideals. We have | translated our aspirations into appro- priate actions. We have followed the declaration that we believe in jus- tice, by establishing tribunals that would inspre the administration of justice. "hat we have been able to do in this respect in relation to the different States of our Union, we ought ge and support in its proper .application in relatlon 1o the different nations of the world. With our already enormous and constantly increasing interests abroad, there are constantly accumulating reasons why we shouid signify our adherence to THE EVENING STAR, WASHINGTON, D, ¢, FRIDAY, NOVEM would have a sentimental effect which | tate to meet peril or encounter danger would be tremendous. It would be|or make sacrifices. There is no cause public notice that the enormous in-|which can be supported by any other fluences of our country were to be|methods. We cannot listen to the cast upon the side of enlightening proc- | counsels of perfection; we cannot esses of clvilizs pursue a timorous policy: we cannot void the obligations of a common numanity. We must meet our perils; we must_encounter our dangers: must make our saerifices; or histol the Permanent Court of International Justice. Mindful of our determina- tion to avold all interference in tite political affairs, which do not concern us, of other nations, T can think of no more reassuring action than the declaration of America that it will whole-heartedly join with others In the support of the tribunal for the ad ministration of international justice which they have created. I can con- ceive of nothing that we could do, which involves assuming so few obli- gations on our part, that would be likely to prove of so much value to 7 10" the hours Max ington. We can do no | 7 . toward the realization of his hope It ought to be our ambition to see the institutions h he founded gr in the blessings which they upon our own citizens and iner mont. Wil will recount that the works of Wash- v| ington have failed. 1 do not belleve | i bestow | the future 15 o be dismayed by that ase in | record. The t=uth and faith and jus- the world. Beyond its practical effect, | the good which thelr influence casts | tice of the ancient days have not de- which might be somewhat small, it{upon all the world. He did not hesi. | parted from us. Alexander McCrane, K3, United “tates S0} diers’ Home Marie A. X Henry A. G Alice Anns am M. Grifin, b: mont ave Williany A. Calnan, 62, Geo ital Joseph Brown Morgan Luwniey Sheil: Hogpital BER 20, 1925. Deaths Reported. i fo he following deaths have Leen reported Health Department in the last 24 Cohen ne Letty May Rob orrell. 67, ¥ PR R Stewart Tra M can 11 e slenry Wilson, D 41_Gullinger 1t i Ta Dresel Lyon, 63, Florence Conrts 4 Garav Carleton Jamerson. 4. 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Test the Magic Power of your Five Dollar Bill today or tomorrow. “PAY AS YOU GET PAID” Mary H Thomas Fletcher, 7 Gladin May West Robert Arnold M o) William_T. Whel: rd s ospital 5. Carson's Private ot . 1 month, 1636 Al al authorities of Germany &« rerating a twice-day mot osin 6 montiw, Children's Hos- | 8 e O IS ALWAYS BUSY People don’t just HAPPEN to come to the Liberal Store. In most cases they are recom- mended by one of our thou- sands of satisfied customers who find this store an ideal place to trade. Come here where stocks are largest and where you get values extraor- dinary. The Friendliest Credit Store in Washington ComeTomorrow Dress in Style! The happy family is the well dressed family. If you are having a hard time solving the clothes prob- lem, come to this friendly store where your promise to pay is sufficient to outfit you in the smartest styles you ever wore. Welcome! Dress up here for Thanksgiving, and you’ll be thankful that there’s a Liberal Store in Washington. One Liberal Store Only One Offer of Its Kind in Wash- ington OVER KRESGE’S 5 & 10c STORE PEN EVENINGS TILL THANKSGIVING | truc