COMING EVENTS. The Guardian And Evening Star, with which is incorporated the west Coast Times. FRIDAY, OCTOBER 3rd, 1924. AN AMERICAN ELECTION FEATURE.

Hokitika Guardian, 3 October 1924, Page 2

COMING EVENTS.

The Guardian And Evening Star, with which is incorporated the west Coast Times. FRIDAY, OCTOBER 3rd, 1924. AN AMERICAN ELECTION FEATURE.

Octobor 3.- .Mi•Lonn’n .I'ii.Uiros. October ■!.— .McLean's I’ietiues. October *l.—-League (out ball. Cass Square. Oct. (i. I'icturos, I’rimess Theatre. Oct. B.—-M. Houston and Co., auction .sale, estate late Mrs Ogilvit*. Oct. S.—Soldiers’ Hall, Fire llrigade Hall. October 9 .Soldiers’ Hall, final of '•uelire t-nirnainctits October It—Soldiers’ Hall. It.S.A. dance and drawing Art 1 moo. Oct. It. —Westlnad County Council, 2 p.ni. Oct. 1-1. - Tenders close noon, gravel supply, Ferguson lioad. Oct. 15.—Spring Show and Sale of Work, St. Andrew’s Hall. October Hi- Soldiers’ Hall, Special

Euchre night. October 21—Trafalgar "Day. October 21—Hokitika. Reiuitifying Society monthly meeting. Oct. 22.—Hibernian Annual Hall Soldiers’ Hall. Oetolier 27.—Labor Day.

!'iik presidential election in the United States is again shaping itself and the l>oliti(-:il developments in connection with the nation-wide contest is not

without interest and oven concern for many other <p;arter.s of the world. A financial (taper from New York remarks that the interest of most people in the political campaign and election is in the hearing it may have upon the country’s prosperity. It is remarked as an accepted truth that everybody whether

he be a farmer, a wage earner, merchant or the proprietor of a business, realises that his own income, directly or indirectly, is in a la lye degree dependent upon a general state of prosperity. The existing industrial organisation is so .inter-dependent that every group of producers is dependent upon

the purchasing power of other groups, and prosperity does not last very long anywhere, unless it is general. There must he balanced production, balanced purchasing power, employment for cvor.vhr.Jy, ready exchange of goods and serrr.es. in order to have satisfactory conditions! These are obviously circn instances- afFectm** all countries, anti as a consideration in every political contest where the outcome may mean a change of Government so far as the dominant or ruling party is concerned. The first requisite of prosperity obviously is stability. This complicated or-

ganisation is a wholly voluntary one. easily thrown out of order by arbitrary and radical changes or even a threat of them, as the history of the world in recent years affords abundant evidence. The great new} of the world is for the jeitor.it k gS rwnniip <ml?r

and relief from revolutionary expel inients. In so far as a national political campaign raises any doubts as to ulmt the economic policies of the country are likely to lie in the future, it becomes a (listlulling factor in 'the business situation. It is reassuring to industry ami all Inisinessays the Xew Void; iritie. that the two gleat panics in selling forth their principles and dilferences do not raise any fundamental issue. The system of government requires two political parties, but it is not necessary or desirable that either sball stand for revolutionary polities. It would he a very serious situation if the tountiy had only one parly organi-ation which it could employ to carry on the government unilcr the (■(institution, without entrusting it to a group whose principal bond of unity was a common antagonism to the Constitution itself. The enliven lions named the two leading candidates with lull knowledge of the views they stood for. I’resiilent Coolidge was nominated without opposition ill tlie convention, and. although objections were raised to Mr Davis 011 the .'ground of bis business: comm- t inns, the movement for his nomination was led by delegations from the South and West, who evidenty were not disturbed by tlie talk about "Wall Street'’ alliliatiiins. Outside of Iho two great parties there always have been insurgent groups who for various and more or less eonllietiug reasons have maintained independent political organisations. This year they have managed to gel together in .support of a candidate whoso pio-

gramme will all'inl eoaini'iii p'-oticd c least until after election. The third party in the I'nited Slates is the extreiim or ultra ladical lailv. Il lias

grown in stature in most < omit lies, also. Ir nn the economic contusion arising fie.ni the war. The folk at the head of this newer party arc ready always to appeal to the | rcjuilices of the people rather than to their better judgment, and both the passion and prejudice excited enables party gains to demonstrate itself. There is an in-

sistent e.impkiiiil against tin- rise in prices. The blame is held to -he polifii.il rather than mitional. In point of fact it he-Mill’s a |.< -1 it i i:t I question because the iis- in ] rices touches the people, I.lit the generic eau.se is purely ec’inomical. I'lnchi.linii or the lack of prouetion. govern the .situation in the main. 'I liis is due to factors outside nature: in faint <f fact la human nature. Wlmi is the attitude of the 1 eojile towards work and production, and you get at once a elite as to the cause ot rising or Ja.lling prices. America is a vast country when- production has been prolific, but where als there is the section constituting the third party whit It seems to delight in bending public opinion ;so far as it can into a wrong bent. The presidential election in several States will he fought from .such premises, and the result should alford a Vsson which should nol lie without value to all countries disposed to profit liv the develoj:nioius.