The Bismarck Tribune Newspaper, April 3, 1928, Page 4

| PAGE FOUR THE BISMARCK TRIBUNE The Bismarck Tribune An Independent Newspaper THE STA’ OLDEST NEWSPAPER (Established 1873) Published by the Bismarck Tribune C.mpany, Bis- marck, N. D., and entered at the postoffice at Bis- matck as second class mail matter. ; George D. M: President and Publisher Subscription Rates Payable In Advance | Dally by carrier, per year .. Daily by mail, per year, (in 4 by mail, per year, (in state outside Bismarck) | Daily by mail, vutside of North Dakota _ Weekly by mail, in state, per year .. | Weekly by mail, :a state, three years for . Dako‘a, pe~ $7.20 | Weekly by mail, outside of North year ..... Member Audit Bureau of Circulation Member of The Associated Press The Associated Press is exclusively entitled to the 2se for republication of all news dispatches credited / to it or not otherwise credited in this newspaper, and also the local of spontaneous origin published herein. All rights of republication of all other mat- ter herein are also reserved. Foreign Representatives G. LOGAN PAYNE COMPANY 1 NEW YORK -- - Fifth Ave. Bidg. | CHICAGO DETROIT Tower Bidg. Kresge Bids. (Official City, State and County Newspaper) It’s Coming, Some Day * Not long ago we knew a little boy who was | eonfident the world would come to an end on or about 1950. He reasoned something like this: When mankind has reached perfection, the |, earth’s work will be finished and the whole af- fair might as saghenal — tg the - Bavagery of our forefathers; '” jom - and so on have been established; all the big- » gest problems are just about solved. A few 4 years, and we will have heaven on earth. Therefore, the earth’s days are numbered. As he grew older the boy revised his esti- : The World War came and showed him | that there were still a few little things to be 5 before perfection would be at hand. } ually he realized that the millennium was off. But even now, in the back of a is the idea that it will be reached, | gooner or later. He still is confident that some ; day all of our problems will be ironed out smoothly, although he no longer believes that | he will live to see it. _ It is rather astonishing, in a way, that we - should look for a golden age in years to come. é is so much to be done. None of us will 2 see more than a very minor improvement made. We will not be here to enjoy the Utopia | for which we are working, nor will our chil- |) dren’s children. Why, then, do we upset our- _ selves so about it? ’ — It seems to be born in us, part of an heritage ) we cannot slough off. Most of us are not very ,admirable. We have gross selfishness, timid- ity, self-satisfaction and frivolity woven into ‘our beings. But underlying them all is this strange, compelling yearning to leave the world a better place than we found it; this desire to do what little we can to advance the golden age. Zs That is the one reason why we can be hope- ful. Our progress may be glacial, but it is genuine. We have a right to dream our dreams , of a day when war will be abolished, when pov- xerty and crime have been forgotten, when jeer do not exist, when true freedom reigns everywhere and ignorance is no more. Some “day they will come true. 3 Will Diversification Help? {3 Congressmen were recently told that the farmers receive $10,000,000,000 anually for 3 should organize their own marketing system. ‘Consumers do not object to the creation of a ‘marketing organization controlled by farmers. Dn the contrary, the consumer believes that if oducers were organized to market farm pro- cts, the price at the farm would go up and price to the consumer would go down. If 0,000,000,000 is the price paid to middlemen the work of distributing products from the m to the ultimate consumer, it is time the f became a marketer. - But the task of organizing the farmers of United States is confronted by staggering c Much time must be consumed in ing this problelm, if indeed it can be solved all, Farmers now living will be gathered to ir fathers before the ideal system of direct ting could be evolved. is nothing, » to prevent any farmer from imme- diat, changing his methods, if he cares to ‘80. - Where the proved a food and growing a larger variety of crops they can be more independent of itudes grain, cotton and cattle markets. Farming to prove most profitable when the mid- course between the single crop and the extreme is followed. A return to old- fashioned diversified farming is the only farm felief needed in some agricultural sections. fF Into a Mad Market | { The frenzied activities on the stock exchange Recently, with tales of fabulous gains made by te speculators, have led thousands of poe ordinexily leave ee ereet alone to “take a plunge” in jope sudden gains. gard that cost the consumers $30,000,000.- . The conclusion is drawn that farmers be 7 single-crop method of farming financial failure, farmers might buns old method of producing theix | had Editorial Comment ‘Down in Arkansas (Chicago Tribune) Down in Arkansas this week Miss Lucky married Mr. Vest and our official attention caller called our attention to the fact that the Arkansas Gazette carried the announcement under the headline, “Lucky-Vest.” Of course, you remember that deathless rhyme— The coat and pants do all the work, But the vest gets all the gravy. Three-Million-Share Days (New York Times) For more than a quarter of a century a “three-million-share day” on the New York Stock Exchange has traditionally measured the highest flight of speculative activity. Special attention has been directed to the un- precedented series of such daily achievements in the present stock market. The three-mil- lion mark had been exceeded nine times be- tween the beginning of the year and this week, although in no previous year did more than three days enjoy the distinction. The first “three-million-share day” came at the climax of the famous speculative outburst of April, 1901; it was more than fifteen years before another was witnessed in the excited December stock market of 1916, and it was nearly nine years before it happened again, in November, 1925. Since then three-million- share trading has been more frequent, though still unusual. But the accumulated capital available either for investment or speculation has increased immensely during the past twen- ty-seven years, and the number of incorporated enterprises whose shares are dealt in on the Stock Exchange has gone up quite rapidly. In 1901 the separate stocks “listed” on the New York Exchange numbered 376 and in 1915 there were 540, whereas in 1925 they had risen to 927 and in 1927 to 1,069. Even the trans- actions on a day of ordinary routine in 1928 would naturally far exceed the sales and pur- chases of 1901, and the capacity for transac- tions on a day of great excitement might be supposed to have enlarged correspondingly. But the bulk of the business in the three- million-share market of 1901 was done in a relatively small group of stocks, and precisely the same thing has been true in the similar markets of this month. During the week of 1901, which included the 3,270,000-share trad- ing of April 30, nearly half of the total sales occurred in six stocks. Last week, which was marked by a series of such days, one of them reaching 3,947,000 shares, seven stocks monop- olized one-fourth of the total business. Ammunition for the Farmers (Chicago Tribune) The house committee on agriculture has ap- proved, by a vote of 15 to 6, the bill for farm relief introduced by Representative Haugen. It follows closely the provisions of Senator Mc- Nary’s bill which has been reported favorably to the senate. Like the McNary-Haugen bill which was passed by the last congress, only to be vetoed by the President, the new one pro- vides for equalization fees and stabilization funds, but with the difference that this method of raising farm prices is not to be employed until treasury loans to cooperative marketing peeaanons have failed to produce the desired results. There is every reason to believe that the bill) ¢ will again be approved by congress, and there is reason to hope that it will be signed by the] i President. Mr. Coolidge has said that he favors government help to cooperative marketing as- sociations as the solution of the agricultural probem. He cannot veto this bill without vir- tually admitting that such financial assistance will not, of itself, prove adequate. Let’s Stick to the Middle of the Road WASHINGTON LETTE BY RODNEY DUTCHER Washington, April 3—Tammany Hall, long viewed with alarm, often tics,” Tammany Hall, Investigdeed, ics,” Tammany Mg looked into, dreaded, feared, made the subject of many a political ser- mon, isn’t so bad after all, it seems. Tammany Hall, shunned in the past in presidential talk, of in whispers at convention now has a rival, it seems, for the sheep role, And recent cha) in the Teapot Dome oil I have tended to strengthen the hand of the leading Democratic candidate, a gentleman named Smith, of open sewers wi the political machines “s and - The report of the federal reserve board] back. which has just been made public ought to pro- vide ammunition for the friends of farm relief in congress. This report frankly states that the enormous resources of the reserve systein have been used in recent months to stabilize credit conditions abroad. The United States, -| number of little “inside ti the| would do well to jot down in their| S18nces it is explained, has half of the world’s supply pe of gold and has used it to create prosperity in foreign lands, thereby placing them in a posi-|i tion to buy our goods. To which the farmers are entitled to reply, “Why not us?” The prosperity of foreign lands may, in time, improve the market for Ameri- can goods, but an addition to the buying power of the American farmers is certain to do so at once. The statement of the enormous re- sources of the reserve system can leave no doubt of the ability of the country to establish the business of farmers on a parity with other American businesses. The Postman Leaves a Catalogue (Portland Oregonian) There was a film of ice on the goldfish pond, and the collie marveled that he could not drink the strange, indurate water. The cherry tree ad taken vows of celibacy, and was white with vestments of frost. All the penitent spar- rows were cold—so cold. They sat in the hol- ly and fluffed themselves. They sat beneath the red berries of the holly and shivered at the chilliness. From every chimney the smoke went spirelike into the sky, and the sky itself was a gray coldness. Deep in the dark earth all roots were tranced, and each seed slept with its dream. And that was the morning on which the post- man chose to bring the first seed catalogue of the season. So the lid clanged and the post- man went on down the street, never suspect- ing that he was Pan, little thinking himself to be the herald of April. and put them aside. The sparrow shall ruffle it again, and be gladly quarrelsome as of old. The ice will come no more to the goldfish pond, be unfounded was demon- strated that Sinclair had really had contributed to aid Smith's vpponent. Perhaps Al Smith has been lucky. No man in the Senate was less fit- ted to attack the New York gov- ernor than Robinson, the so-called klan senator, whose state machiac in Indian has broken all records| mous “‘cut rate” for queer business, about a 2 edd after eight, or even a little later. The scalpers have, by this turned in their tickets the chances of getting a scat are infinitely batter than they were earlier in the day. It’s also a Nata idea to drop in at Grey’s Drug Store, which is the fa- cy of Broad- way. Here a l13: of shows are iist- In the exchange of pleasantrics|ed for which seats can be obtained between Smith and Senator Nye,| at a good discount. Joe Leblang’s chairman of the Public Lands Com-j is another agency likely to have mittee, neither gained any great/ tickets for the lay you want to see. honors, although Smith appatently| They’re both in the heart of the vindicated his cpercen Nye had told the ite in re- sponse to Robinson's query that “he understood” Sinclair had contribu- broadway belt--the telephone bock ora policeman, can direct you. e In taking taxicabs, be careful to ted heavily to a Smith campaign.| note the signs painted on the side: Later he had to admit that his only or ‘ilaged i worn New York information was a letter from unnamed New York Republican. Nye gets no credit for making the charge against Smith, under the cir- cumstances. On the other hand, Smith’s violent letter, accusing, Nye along with Robinson of ship and demagoguery, wasn't indicative|led young lady standing of good judgment. passed aut the Nye was the same sort of lican as Robinson, where: exposing the oi] financing in his own party will be a big help to Phat oe Smith in case he is nominated. Perhaps \ ye’s work in| be hel Smith hasn't progressed; you that all P| far in his study of national affairs.| rooms are gone. 't’s an old gay in Later he may come to believe with| Manhattan vo advise it! others that Nye, chairman of the] that only expensive rooms are left investigating committee on which] Be sure to make ii an| has cal cabs. The low-priced taixs are plainly marked “15 and 5,” whereas the “gyps” display ro price notice. Don’t think you'll oc considered a “hick” if you stop the wrong cab. We all do it. I’ve kept a disgrunt- in many a Apparently he| shower rather than patronize the Bitten And so has every other lanhattanite who doesn’t care to branded a sucker.” : the if the visitors before sign- Tom Walsh is the big figure, would} ing on the dotted line. And if the like to spatter the Democrats with] clerk doesn’t name a reasonable oil in order to increase sentiment] rate—walk out for a third party. attend! There |] visitors in this other. Don’ ——_——— New York, April 3.—There are a con- with getting around in Man- hattan which prospective visitors note books. Not the least of these has to do], 4 and go elsewhere! Be careful what night club you are more “gyps” for rt buy anythi em a don’ Se gy enoug! Fost before the Ph Rare after midnight. Never mind side you may get from the wait- whatever you do, to the side-walk ‘work. with getting seats for Broad-vay the attractions. One of the loudest tests to go up, not only from vi ors but residents Yq well, is rected tickets. Hundreds go to the box offices of theaters hours in advance of a performance only to be given a hopeless glance oy the cashier and informed that there are it~ of seats, Pa ia ee are in tl hands cf the scalpers agencie. cue to visitors is this: A-THOUSAND “THANKS: N Your AVIAToR'S SAFETY Bruce! IN A » Surt! TH” GUY SAYS ELASTIC MATERIAL, AND PERSUADED MY To MAKE “THE HAPS UP—oy § S. PAT. ors di-| Sorts. He that has light within his own ies. Thejclear breast may sit in the center Wait until|and enjoy bright day.—Milton. il wy" O1s00, wy ia seamce mc, Yo ma in the mouth is this: Thee diges fi contains tric juice. westrie ft must be Mo grong alkaline Rocce and the stomach only interferes under authority o him ted H E the can- tumble, It * rs i E & fF i PEL aipeetEE ae Hh BF Fu a] E a f i E F E td F FF zz i fe 8 5 : =F E i TG im Ha! Par TT 5 ma FE seek ete atte FA 5 3 z 3 4 i 2 i Horton OF, cae or. LAND t an Order of Sale by the Davies, judge the County of Burl North Dal ofS Ma ,. Carrie D. ay lor, nown as Car- Rg ey ia eS Burleigh, “4 Stas North Dal fe hile and | deceased, wil party for a while a: North the city County, ty, North Dakota: Addition to the city of County, North of Bute left at th ‘ister, in the the of Bismarc! rth Dakote; of filed withthe Tease a4 County Court, er delivered eae Eat :