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In these days of extremes it is very rare that one finds a same and dependable mean. With Bolshevic rantings, over-all campaigns, and peace treaty excesses it sometimes seems as if the country, or at least the oratorical representatives of it, have gone made. Out of the mess of conflicting advices as to the best way to tackle the elusive H. C. L., the dazed consumer is rarely able to find any theory substantial.
The scholarly words of Governor Coolidge, printed on another page, are note-worthy for their simplicity and moderation. The governor does not intend to settle the problem in an instant by any fanatical scheme. The economic soundness of his opinions and their freedom from unnecessary complication recommend them to the consideration of the many extravagant, theorizers who advocate loss practical solutions.
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