NATIONAL PRESS BLDG W ND Washington—Throughout history, unsound economic policies have had a way of demon- strating their un- soundness by the results that even- tually become understandable to the rank and file of the people. Like- wise, throughout history the rank and file of the people have learned their lesson each time and have avoided burning their fingers a sec- ond time. That is, fingers were not burned a second time until a new generation came along and refused to examine and take into account the lessons of experience. Lately, we have seen another such demonstration. We have seen both the results and the refusal of current leaders to profit by exper- iences of the past. I refer particularly to conditions nvolving United States bonds, Those who have followed market quotations must recognize that Unit- ed States bonds and other securities issued by the treasury have suffered from fluctuations in prices that por- tend, if, indeed, they do not prove that federal financial policies of the last four years were unsound. There was propaganda from official quar- ters during one of the periods of sagging prices that the condition resulted from market manipulations and the activities of ‘tipsters.’ Sto- ries to this effect came directly out of the treasury although they did not carry the identity of the official who made the statements. The whole circumstance must be considered together, however, if one is to arrive at any sort of a con- clusion concerning the true state of affairs. One must think of the total amount of government secur- ities outstanding — something like thirty-four-billions—and one must recognize as well what is going on in commerce and industry. In addi- tion to these factors, attention must be given to conditions of the last several years when the Roosevelt administration was engaged — and still is engaged — in the great- est orgy of spending that our na- tion ever has known. When you add up these various factors, you get an answer which seems to me to be irrefutable. In the first place, no nation nor any of its individuals can go on indefinitely spending money when it does not have that money. That is, it cannot spend more than its in- come over any extended period without suffering bad results. Our nation did that. It made up the difference between its income and its spending by borrowing. It gave government bonds to those from whom it borrowed, evidence of its debt. The immediate result of this condition was that there are mil- lions upon millions of government bonds held by banks, corporations and individuals. These bonds bear an exceedingly low rate of interest. It is only natural that anyone with money to lend will look for the highest interest rate they can get. I1¢ they happen to hold government bonds, those bonds will be dumped in favor of securities paying higher returns. That has happened to some extent already. » . * It is to be remembered as well that these bonds were issued in the currency of the + Supply and devalued dollar, Demand the fifty-nine cent dollar as meas- ured by the value of gold. Now, the law of supply and de- mand that has always operated and which always will operate places a basic value upon commodities, upon the services of labor. It is op- erating again and has brought about a greater demand for commodities, the things we need to eat or to wear and the countless items of modern day living. The prices of these, measured in present currency, are higher because it takes almost two of the present day dollars to buy the same quantity as formerly could be purchased with the dollar that was good for one-hundred cents in gold. The answer to this is that most of us can not help regarding gold as a commodity having a stable value. So, we see a result in this direction. Labor, too, is demanding more of the fifty-nine cent dollars for its share of production. It has a right to do so. If you measure wages as you measure commodity values, and it seems to me there can be on- ly one yardstick, then labor is justi- fied in asking for higher pay. Again, a result of tinkering with the currency becomes evident be- cause labor is forced to pay more for what it buys as a result of the reduction in the dollar's gold value. Then, finally, I am quite con- vinced that in addition to the fac- tors I have discussed as having weight in causing fluctuation of gov- ernment bond prices, no one can deny the influence that is being ex- erted by the radical labor element throughout the strikes that have been promoted. These strikes have done more than just violate law by unjustified and unwarranted seizure of the prop- Experience as a Teacher erty of other persons. They have a business. The tragedy of this condition, to a moment, is that the strikes show ulation. It is not only a tragedy. It is a dangerous sign and unless ment asserts its authority and pro- tects rights, we may possibly be faced with a circumstance in which again only by use of army guns. % * * To get back then to the bond market it seems to me there is a closely knit skein Unsound Ground prove where our government has gone into unsound ground. It can be pointed out how the tinkering with the currency has carried through to the ultimate consumer and the wage worker. It can be shown how the national government has die- regarded the rights of part of the population and favored another part of the population and in doing so has created a class hatred which is liable to cause trouble in the nation for the next fifty years. Notwithstanding the lessons to be learned from these experiences we observe how the same mistake is being made in another way. I refer now to the attitude of administra- tion leaders who are supporting President Roosevelt's program to add six justices of his own choosing to the Supreme court of the United States. Throughout the argument that has come from proponents of the President's packing plan there runs a constant and recurring ap- peal that if we can only have six new justices in the Supreme court we can do all of the things that are necessary to bring about labor peace and complete business recov- ery. Disregarding the merit or demerit of this argument, it seems to me one cannot help looking somewhat into the future and determining on the basis of experience of the past what may happen if the Supreme court is emasculated as the Presi- dent proposes. I said earlier in this article that there has grown up a tremendous disrespect for law. The continued prattle about the necessity for “new blood” in the Supreme court is sim- ply and frankly another step in the direction of a government by men and not a government by law. It is to be recalled that Mr. Roose- velt was given by his rubber stamp congress more power than any President of the United States ever has exercised before. I do not make the charge that the difficulties that I have attempted to analyze aboye resulted directly from according the Chief Executive so much power. But history surely teaches the les- son that where one man has so much power available he always makes more mistakes than where that power is exercised by the prop- erly appointed or elected represent- atives of the masses of the people. I recall a homely saying, often heard in my youth, that two heads are better than one even though one may be a cabbage head. I am quite convinced that the 435 mem- bers of the house of representa- tives and the 96 members of the senate have more wisdom collective- ly than one man. Adverting again to the questions of currency and prices, we have only to look across the Atlantic ocean and see what happened in Italy, in Russia and in Germany lish his own ideas on the currency. From what I have heard from offi- those three countries I mentioned, little more than the cash value of the paper on your walls. It al ways has worked out that way. * * \ Some of the business interests of the country apparently are taking . time by the fore- Take Time jock and adjusting by Forelock themselves to con- ditions where the government is by men and not by law. A few days ago the distilled spirits institute announced that it had elected W. Forbes Morgan as its president. Mr. Morgan, an uncle by marriage of Mrs. Franklin D. Roosevelt, resigned as treasurer of the Democratic National commit- tee to enter the employment of the liquor interests. While there was no official announcement concerning Mr. Morgan's salary, the gossip per- sists that he is to be paid something like five-hundred-thousand dollars for five years’ work in his new job. His election raises two questions: What can Mr. Morgan do for the liquor industry that is worth so much money and, secondly, wheth- er the selection of Mr. Morgan does not show how stupid business in- terests can be. ‘ © Western Newspaper Union. AAARAAAAARAAARAAAN ARRAN STAR DUST Movie » Radio wh% By VIRGINIA VALE k% 300 20 20 20 20 2 00 0% 2 20 2% 222222222 2 2 try are planning to abandon the custom ever was started, a radio sponsor is said to be figur- Cer- pects of the case have to be ironed out before it can be defi- plans call for the weekly award listener holding the lucky num- Numbers will be printed sponsor’s product, purchasers will be held which selects the winner. en Hollywood studios have always flattered themselves that they paid their performers the ~ : highest salaries in | the world, but now it appears that Mae West, Marlene Diet- rich, and Greta Garbo are just poor working girls in comparison to Gracie Fields, who is England's favor- ite star. Twentieth Century-Fox could ra not let the British arene studios get away Dietrich with a monopoly on the best of any- thing, so they have put Miss Fields under contract to make four pic- tures in. Hollywood. None of the pictures she has made in England have been shown here, because in them Miss Fields spoke the Lanca- Czecho-Slovakian for all Americans can make of it. Over here she will deliver her lines and songs in plain English. etfs From New York to Hollywood Gloria Swanson’'s loyal friends gave parties celebrating the end of her too-long retirement from the screen, when Metro-Goldwyn-Mayer an- nounced recently that she was to star in “Maisie Kenyon.” Now it appears that the celebrating was a little premature, because neither Gloria nor the studio is satisfied with the story, and her plans are all up in the air again, a The most exciting and beautiful picture ever made in Technicolor comes from England and will soon be seen in theaters throughout th country. It is “Wings of the Morn- ing" a United Artists picture. Har- old Shuster went over from Holly- wood to direct it, our own Henry Fonda plays the lead, and John Mc- Cormack, the Irish tenor who is adored wherever there is a phono- in it. As if that weren't enough, they have tossed in for good meas- ure authentic views of the running of the English Derby. wns Sylvia Sidney gets the week's award for being the best talent scout. Some time ago Mare Con- going to produce in New York and she said that she knew just the girl She had seen very small part in a play and she was sure Miss Locke would be won- didn’t wait for Mr. Connelley to send for Miss Locke. She located her and she got the part. si Wor Eleanor Powell would like to form an alumni association of her old dancing school, but all the people who are eligible for membership in Hol- lywood are much too busy making pictures to be both- ered with attending meetings. There is Ginger Rogers, Bud- dy Ebsen, Ruby Keeler, and Miriam Hopkins — and they are among the bus- iest people out here. ODDS AND ENDS—Marlene Dietrich thinks _that HR T Hi | i UNCOMMON AMERICANS 0 By Elmo Scott Watson ® Western Newspaper Union Christmas Flower one of flowers called the poinsettia to add to the festive appearance of your home at Christ- those ate the fame of an American who little realized that his name would become associated with one of the For Joel other had so many Born in South Carolina in 1779, he abroad but his father in- of entering the army and to be- Poor health He was about eral when the secretary of war ob- jected. Instead he was sent on a dip- mission to South America where he mixed in the politics of Chile, and fomented revolution un- til he became known as ‘‘the scourge of the American continent” Next he was sent to Mexico. Always interested in country the flower which was given the scientific name of ‘Poinsettia Puicherina."” Just as he had been a petrel in international pe litics, so he was a disturbing element in the politics of his native land. During the Nullification controversy in South Carolina he organized and led the Unionist forces. 3y doing that he won the esteem of the nation- al government and President Van Buren made him secretary of war. Poinsett improved and enlarged the army, organized a general staff, built up the artillery, directed the Seminole war and managed the re- moval of some 40,000 Indians to In- dian Territory. In the midst of this activity his scientific interests were not neglected. He experimented with scientific agriculture, sent ou the Wilkes expedition into the Ant. arctic and was largely instrumental in founding the National Institute for the Promotion of Science and Useful Arts which later was merged with the Smithsonian Insti tution. His busy career came to an end in 1851 while he was living in retirement as a plantation owner in his native state. stormy Brooklyn Bridge Jumper ACK in the eighties the Brooklyn bridge was one of the wonders of the modern world, Its dedication on May 24, 1883 was an event of nation-wide interest but three years later it was even more in the news because of a man with whose name that great span has been linked in He was Steve Brodie, bootblack, car conductor, sailor and worker around the docks who be- came a professional walker as a means of earning some easy money. But he was never better than a sec- ond-rater and none of his walking matches ever benefited him great. ly. In the summer of 1886 he was nearly “broke.” One day in July he heard some the river, 135 feet below. Seven of had been killed. “Huh, I bet you I could do it and replied a a scratch. Officials of the life in surance company were furious be. cause he had risked $1,000 of their money to win $100. They returned his premium and cancelled his poli cy—which was foolish, for he lived to a ripe old age! His successful jump was widely publicized. It won him an engage ment in a melodrama called “Blackmail” in which he had to dive off a great height into a net— a feat which, he declared, was even more dangerous than his jump from the bridge—and his performance in this (at $100 a week) made ‘‘Bro die, the Brooklyn Bridge-Jumper" famous all over the country. His achievement encouraged imitators and during the next few years no less than 11 others tackled the na- tion's most spectacular high dive. Although the first seven had per ished in their attempts, Brodie seemed to have broken the jinx, for every one of the 11 survived. By that time the novelty of suc feat had somewhat worn oa AROUND #45 the HOUSE &s Cooking Vegetables — A small piece of butter added to the water in which vegetables are to be cooked will prevent them from boiling over. 3 . * o the EER quired, first dipping them in flour to which a little sugar has been added. Saute slowly until soft and browned. Place on a serving dish, with two small sausages on each half, Flavoring Gravy — Half milk . » 9 and half water makes the best Ironing Shirts — Soft collars at- colored and best flavored gravy. | tached to shirts should be ironed , ww on the right then on Suede Shoes — Rain wrong side This prevents be removed from suede shoes by ing the c« r. rubbing with fine emery board. : . 9 oh Baking Potatoes — Before put you | ting tin, a small hand- | stand for tied in muslin | a few minutes, then drain on a tbsorbs | clean cloth They will cook more makes | side first, a ne spots can | the $1 'y wWrinkgi Boiling Cabbage — When cook cabbage, put ful of breadcrumb: into the pan. The bread all the bitter juices and the vegetable more digestible. | . 9 9 Bi Making a Footstool — Do you ake unique out of the single spring seats of an old a le? Cover the old seat with uph and attach castors at the four corners. This will give you a comfortable seat or fc for your summer potatoes in the baking them in boiling water quickly and taste better. Worn Socks ten get enormous of their socks. This is often due to | the lining of the shoe wi worn rough. If the ragged bits are cut off and the inside of the shoe covered tape, many a large will be pre- vented. Children very of- | Know that you can n holes in the heels | footstools { tomobi oistery with = x otetool with adhesive NSLO0! “hole cottage » » » Cocoa Egg Cake Filling — White of one egg; one icing sugar, four half teaspoon of egg until Sausage and Fried Apples — | Pan broil the required number of | small sausages or cakes of sau- sage meat and as soon as the fat collects, many halved, | ** cored and unpeeled apples as re- | cup two teaspoons cold water; tablespoons cocoa eat add as rermrrerrrerrrrTeTETITER Ask Me Another Press uch moisture as A General Quiz | possible between the of a 4 ~~ 2 { towel, then spread on a towel or 2 | blotter to dry 1. Who are the Pariahs? { 2. What measure indicate? INSIST ON GENUINE 3. Where was 3. was Libby prison? 4. Why are some trees called 0-( E DA W deciduous 5. What was the origin of salut- | ing? 6. When was the first wireless distress signal used at sea? 7. Which is the world's longest | railway tunnel used by passenger trains? | 8. When is a when lying dos 9. Is it illegal for States’ President to tak of office on Sunday? | 10. When was the first silver dol- | lar coined? | 11. What is the meaning of cover charge? 12. From where does weight get its name? Washing Embroidery — Do not wring embroidery after washi out as m 14 folds © Bell Syndicate WNU Service does Don't take chances! Use only genuine O-Cedar Polish — favorite of housekeepers the world over for 30 years. O-Cedar protects and preserves furniture, prevents spider- person web checking. Nn or standin Troy Answers 1. Members of an non-Brahmanic race O (edar POLISH MOPS « WAX . IE Gaticios Pais st $1 00 abc riginal GLADS x wander, special ; ada. of India; NORTHWESTERN BULE CO. hence “outcasts.” Dept. B Asburn, tad. 2. Decimeter, 3. Richmond, Virginia. 4. Trees which are not ever- greens are called deciduous. is derived from the Latin “d meaning down, and ‘‘cadere,’ meaning fall; and refers to the falling of the leaves. | 5. It is said to date back to the | Borgias, when inferiors, coming | into the presence of their supe- | riors, raised their hands to show no dagger was concealed. 6. January 23, 1900, when White | tar liner “Republic” collided > L A a} ay Fy 3 | E D with the “Florida.” It was not | SOSbhutCQD. 7. Golders Green to South Wim- | DEPARTMENT bledon, London. Total length 16% | miles. {mm = Thm 8. When lying down. As much | BABY CHICKS as an inch has been noted. | TOM BARRON'S Strain White Leghorn 9. No. President Wilson did #0. | Chicks. If you like large Leghorns and 10. In 1794 large “gf change to this great strain this « AD 179s. . ear, any of our breeding males are 11. A charge made for the privi- | from Imported stock whose dams have : egg records up to 213 Beautiful circular lege of occupying a place at a | free. REATWOLE'S ENGLISH LEGHORN cafe or restaurant. It does not | FARM, BOX W. HARRISONBURG, VA. include the cost of the food con- | AGENTS sumed. i 12. 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Significant historical Pennsylvania newspapers