The Bismarck Tribune Newspaper, January 26, 1929, Page 4

= fhe Bismarck ‘lribune An Independent Newspaper STATE'S OLDES1 NEWSPAPER (Established 1873) _| Published by the Bumarck Tribune Uompany His tits. Bismarcs 3 $ = 28et es mall, in state, per year ........ mail, in state, three years for mail, outside of North Dakota, Member Ai Member of The Associated Press The Associated Press ts exclusively entitled to the use tion of al) news dispatches credited to it 323 i : gee ews of spontaneous origin published herein rights of republication of all other matter herein PORE OR PE TECTUEEECERS Foreign epresentatives G. LOGAN PAYNE COMPANY (Official City, State and County Newspaper) BANK GUARANTY LAW SHOULD GO ‘The record of gross failure made by the state bank guaranty fund leaves no other sensible outlook for it than repeal. ‘Wherever tried, the plan has been a failure. Costly lessons have been taught everywhere by its failure to guarantee deposits against loss in bank crashes, Nearly all the states which adopted the plan have since repealed | it. Some didn’t need to do’so. The banks quit it and it became inoperative. Yet, but recently, several other states were asked to SUTRAS RC eS ERR ES dv | has not yet been approached. The taxpayers will pay the 6.00 | bill unperturbed. curred in service were unable to resume their prewar occupations. And the veterans’ dependents are not neglected. Never before in history has a government adopted such &@ comprehensive program of veteran relief. The people through their government, have been mos: generous in their treatment of the country’s defenders. Appropria- tions for veterans’ reliet have been determined not by but by the needs of the former soldiers. It will be many years before the bureau can close its Judging from the experience of the pension bureau at Washington the peak of the veterans’ bureau SEASONAL EMPLOYMENT When the heads of America’s great industrial organiz- ations realize additional obligations to mankind as wel) as to the businesses they manage, then will there be hope for remedying at least some of the flagrant social injus- tices. Chief among these is the brutality of seasonal em- bloyment—a banc to the individual and injurious to so- ciety as a whole. Toward the elimination of this greatest of injustices to the worker, some of the larger industrial organizations have made considerable progress since the war. The Baltimore & Ohio Railroad in five years has reduced its labor turnover from 20 per cent to 10 per cent, and much of the present turnover is duc to the employe rather than to the employer. i Prior to the war it was thought to be proper to hire thousands of men during the rush period and to lay them off as soon as business slowed up. During the post-war depression the railroads laid off 300,000 men and many others were not given steady employment. This was true in more or less degree in other fields of employ- ment. A realization that out of the economic system of the United States a unit of social responsibility has been created caused big business to develop a will toward stabilized employment. Keeping a more steady force has been a good thing for both capital and labor. CHICAGO, GEORGIA AND CRIME ‘The legal quirks and psycho-medical theories that once introduce the same scheme into their banking system. Human nature is that gullible that it can deceive itself » where the wish is father to the thought, and the thought that bank deposits can be guarantced against loss by an %| assessment on the business, accumulated into a fund, has ° + persisted in radical minds to whom economic laws are <{ “no such animal.” 3 ‘The failure of this law has been colossal wherever tried. Proved so impressive to a Chicago jury don’t. seem to mean quite so much in Georgia. # After Leopold and Loeb killed little Bobby Franks— “just for a thrill"—they escaped hanging because of a bewildering’ assortment of tales about abnormality, sub- normality, congenital mental disabilities and what-not. In Georgia a young collegian named George R. Hars! —like the Chicago pair, rich and clever—took to com-| + < its collapse should become general knowledge, that other ©) states may be spared agitation for its trial. It doesn’t *| work. It is and always was a nostrum. Wherever bank failures are on a scale that would make some relief de- sirable, the scale is always so large as to be beyond the Capacity of these guaranty funds to be effective. The ne story of their operation is the story of successive } swampings, leaving labilities running into the mil'ions {) beyond the ability of the supposed relief to meet and 3) Uquidate. : : New York and Vermont first found such a law un- : * pevrepaee sound. The Empire state enacted the first guaranty law | in 1829, but it failed and was repealed. Vermont tried it, | too, and likewise wiped it-off the statute books after a brief trial. Texgs, Kansas, Nebraska, Washington, ‘Mississippi, South“Dakota and Oklahoma have all gone through the experience. In Jebraska the banks have re- belled against paying further assessments, owing to the Gisastfous consequences entailed by the scheme and are seeking relief through court action, asserting the law to te . ‘Oklahoma repealed its guaranty law in 1923. Texas left $16,000,000 in claims on the fund unpaid when it re- pealed its law.in 1927, after the withdrawal of the banks from its “beneficent” provisions had made the act inoper- ative. In Kansas the law is a dead letter for the same teason, that the banks quit it after it had loaded up a mountain of liabilities without hope of ever paying them ‘off, Mississippi will repeal its law, while South Dakota al- teady has, with $20,000,000 unpaid, and is trying another Plan, providing for a surplus fund to be created by in- Gividual banks for the protection of their depositors. | Washington is about to vote repeal, as the banks already hhave cast the law overboard, rendering it inoperative there, too. ~ North Dakota's experience has been one of the most | disastrous, In the period during which it tried the plan | it accumulated liabilities of $22,572,302.61 in claims of de- | Positors of failed banks allowed and approved by the Guaranty fund commission. Claims of depositors in | banks now closed and which, it is estimated, may here- , after prove to be eligible to guaranty, total $2,500,000. ‘This would make a total liability of $25,072,302.61 for the | state to liquidate in the period of the law's existence, _ which began July 1, 1917. 4 Against this amount, the guaranty fund has had ‘$1,445,586.60 in 10 per cent dividends paid by the com- mission in 201 banks; has paid $30,116.39 in claims under : : i mitting holdups “just for a thrill.” In the course of one holdup he and a companion shot a man to death. The crime was much les¢ atrocious than that of Leo- Pold and Loeb. The same sort of defense was put up. Allenists told of all sorts of crossed wires in the young collegian’s brain. But it toox a Georgia jury only a short time to vote the death penalty. Harsh is sentenced to electrocution March 15. Chicago might send someone down to Georgia to see how it’s done. PROSPERITY AND EDUCATION The amazing growth of secondary education inyTecent years is emphasized in a current bulletin from the De- partment of the Interior. At the present time more than one-half of the popu- lation of high school age is in actual attendance at high school. In the cities this rate is even higher;, in rural areas it is somewhat lower. \ But what is noteworthy is the fact that 90 years not more than one-seventh of the young people of high school age went to high school. High school enrollments, indeed, have doubled since so late a date as 1920. First of all, this reflects very plainly our greater Pros- Perity. But its real significance, of course, lies in the fact that education now is far more general than it ever was before. And since a democracy like ours must have an educated, intelligent. citizenry, this is highly im- portant. | Editorial Comment a ROY WEST AND THE SENATE (Devils Lake Journal) It is not at all surprising that certain elements in the United States senate should look askance at the qualifi- cations of Roy O. West as secretary of interior to succeed Hubert Work. Senator Nye of North Dakota has taken up the fight against Mr. West on the sole ground that the candidate had big interests in the Samuel Insull public utilities organizations in Illinois, and Mr. West himself has admitted that he sold his interests for about $118,000 when named as Dr. Work's successor by President Cool+ idge. The only reason that Senator Nye appears to be opposed to Mr. West's confirmation by the senate is, not especially that the North Dakotan suspects the secretary of commerce of taking advantage of his office to aid the Insull or other big utilities interests, to remove from the public mind any hint of such collusion. Mr. West undoubt- edly will prove an honest public official, but in view of $10 paid in full; has funds available for further pay- ments, $170,379.87; and can expect in estimated dividends Of 35 per cent, says the receiver, to be paid from bank assets, $8,297,555.91; a total of $10,573,638.86. to square up the state in guarantees is $14,498,663.75. ‘Bven to make 10 per cent dividend payment to banks mow closed would require $861,147.31. | “In the face of this failure to operate, it is folly to con- ‘tiue on and keep up the crag on existing banks, while ‘the benefit to the depositors of closed banks is so negli- ; Gible. The situation involves either the ultimate pay- ‘ment by the customer of the going institution or impair- “ment of the capital stock of the bank of the present -r future it would seem. There does not seem to be any other way out of the situation that. has becn created. Un- jess: repeal is applied. This would strengthen the re- and what it fails to do are favorable to repeal, on that the law furniches no appreciable bene- the scandals connected with the campaign of one Ilinois United States senator, in which the Usted as big contributors, and which at the public may feel that the senate is sat he has no ulterior motives in his connection with the gov- ernment WISCONSIN AND DIVERSIFICATION (Minneapolis Tribune) Mr. Charles F. Collisson’s survey of Wisconsin, which appeared in a recent issue of The Tribune, tends to in- crease one’s respect for and pride in a sister state, and also to leave one with a feeling that the agricultural future of the northwest is far more rosy than even the professional optimists suspect. Wisconsin is a splendid example of the practical results of a diversified agri- culture. 4 Last. year Wisconsin's gross farm income was 430,000,000, of which more than half, or $224,000,000, cam? from milk alone, The most recent estimates place Wisconsin's cow population at 2,920,000, of — which 1,984,000 are dairy cows and heiférs. As a dairy state, isconsin has taken the national leadership away from “| got Albert’s:airpjane again. He knows | THE BISMARCK ++ AND JUST THINK - WE HAD THE ‘ SPEEDOMETER. UP To 16,000,000 votes! eS TRIBUNE Se eee ae . | Seeing Nellie Home! ; | ~ YOUR | CHILDREN | ty Olve Roberts Barlon | ©1928 by NBA Service,Ine | “I don’t know what I’m going t> do/ with Teddy,” watled his mother. “H? i grows more selfish-every day.” “You aren't strict-enough with! him,” answered his father. “You have | to make him give things up.” { “I do, over and over again. I'm al- | ways grabbing toys out of his hands | and making him give them to other children. Not only that, ‘but he’s al- | ways after’ Albert’s things. There! | Listen to that rumpus! I’! bet he's | he’s not allowed to touch it.” A frantic, ery of “ }, oh Mom!” from Albert verified this. if Uncle Ed Speculates By this time Uncle Ed had his oiz- arette lighted and was tuning in on thesradio. But at the beginning of | the little drama he decided to wait and see what happened. He had two boys of his own at home, ‘Teddy came fiyipg in with—not in —the airplane, Albert just two jumps behind. Mother grabbed the toy out of Teddy's hands and gave ‘him a slap. | ‘Shame on you, you bad boy! Don't you know you're not allowed to touch this? You'll break it. If you do that again Daddy will spank you—won’t you, Daddy? Here, Albert, put it away,, up high, Where Ted ‘can't reach it.” { When they were gone Uncle Ed had his say. “Look here, Emma, I'm not up on this training stuff much, tut I/ have a pretty good plan for our kids at come and it's worked out fairly well. “It's just this: I try to remember the things that gct me when I wa: a boy. I think all boys are alike more or less, ‘and. twenty. years hasn't changed’ the breed a whole lot. And the things I hated then, I try to avoid with our boys now. Recalls Own Boyhood “One of the things I hated most of} all when I was a little tyke was noi | to be allowed to touch Tom's prop-, erty.” He looked over at his brother. ; “I felt that the family did not -trust ' me, and that brought out the o!d Harry in me. I was a tough kid, a!l: right.” ! Both men laughed, but “Emma” eat | up and took notice. “I believe that’s right,” she said thoughtfully. “We really have a tale! «ness is in a fair way to be cured, ‘can find out almost anything. ing that everything must be put be- yond Ted’s reach. We don't trust him for @ second, that’s a fact. And T suppose he's just giving the kind of treatment he gets, being selfish with other children and not allowing them vo _touch his toys, cither.” She was reasoning preity close to the line, and I think Teddy’s selfish- DAY... The layman struggling with the mid-year bills reads that President- elect Hoover will probably tour the West Indies for a rest after his rest in Florida following the picking his cabinet after his rest on South American Good Will tour. The layman, stoking his furnace, doing contortions ‘over the grocery bill, and wondering if he'll get laid off the job with the rest of the boys next week, probably finds all this a bit bewildering and questions just is date in MAME RICAN | HIST Oey JANUARY 26 | 1679—LaSalle laid keel of the Griffin, first vessel built on the Great Lakes. | 1815—Jeffersm library of 1,000 voi- umes purchased by the United: cf the States. why one needs constant rest from 1837—Michigan admitted to the’ other vest spells. i union. |G em 1861—Louisiana adopted secession IT’S THE TRUTH ordinance. And _yet it’s no exaggeration to say e that if serra” with Hoover's om —————— ibn 2 and even if a Hoover himself | BARBS i hence capable of it, the layman oe ee Sa pear ate er Synod ' tively ple life he own Maybe if New York would arrange | Para’ to remove unemployed actors from, 28 ® mere humble laborer, just 9s : Hoover right now probably. envies the streets the traffic situation: wouldn’t be so bad: jwhat seems to him the unharassed eee |life of the private citizen. FAR PASTURES Just the old story of “far pastures Alienists testified that a college boy wh» killed a man in a holdup was) suffering from an inferiority ome | . . looking greener.” Perhaps, in pro- nlex. Oh, well, all right! 1 pol ron to his aoiies eesh, human If Hoover is really in earnest in has sbout same with which finding out what is wrong with the t contend. While the layman who prohibition situation, he ought to ap- ie ie eee ee point:a committee of alicnists. THY as travel can really Hees: ecaee ial Phas too mash Of Ie eet ae It won't be long now until we know | Who too much of it. Hotel life. what Hoover eats for breakfast, and; 50 glamorous to many, is bleak and what time the clock is wound and the | dismal to the traveling man. And cat kicked down stairs. there you are! One western newspaper, in a head- line over a story about the birth of! a fourth set of twins to the same par- Poee = poten —. the ents, said “Deuces Wild.” a . discovered uate \that a husband hed shot his wife, King Amanullah had to flee his;“just to scare her,” he explained, be- throne in Afghanistan when natives cause he had rebelled at his reforms. But he scored |bank account. a victory for “new fangled ideas” just! he had believed, but was the same—he escaped in an airplane. |her own name. (Copyright, 1929, NEA Service, Inc.) eg hear bE ens ed lawn- Roller skates were first patented by | deals of finance put over on her. Merlin, a Flemish musical instrument | nickels doled: out for home-1 manufacturer, in 1780, |nceds, with it “up to her” . \\ You Bia LARD 0B! | \ “THINK You ARE 2 TH’ MICE HAVE MoRE Rual OF “THIS HOUSE “THAN You HAVE Fue TLL PAY MY BOARD AN’ ROO! MARTHA, ~~ BUT | OUR BOARDING HOUSE SS “SEEMS “To ME SINCE LAST NEAR, You've RUA UP ANOTHER FLAG OF IMPORTANCE Onl YOURSELF !/~~ WHo D'vous “TAKE AMY OF YouR CHIA, ~~~ BOTH Pa NEURAL ah lal aif vol HAVE A. CARE JAKE HooPre # wer HME FORGET You THAT I am Hoople “He goss w+ I RAISED You AS ye AMD vies THE OccASIoN AROSE, I LAID © You OVER MY KNEE. FoR A WHACKING f ~~ AND T MIGHT ADD, \F You INCREASE MY IRE, I ia feted You /° “HAT SAME SUVEMILE PUNISHMENT _ Noual ? = | we iT Nt ~~ WHY, M ~To T won't : get By Ahern | SATURD z z s ine, contains no animal fats but is made of vegetable fats, salt and: milk. According to the Commissioner of Internal Revenue, the principal arti- cles of food used in the manufactur- of tinctly state exactly what they con- tain so that the composition is not @ secret. Many families now use margarine in place of butter. Some states do not permit margarine to be artifi- cially colored and it is sold uncolored and the coloring matter is afterwards mixed into it by the housewife. It is just as wholesome when white, but the yellow coloring is more pleasing to the eye. There is another product sometimes manufactured as’a substitute for but- ter, called nut butter which consists simply of the ground, pulverized nuts of various kinds. Nut butter there- fore is a distinct product from nut margarine. The nut butters manu- factured from raw peanuts are not as easily digested because they contain a large amount of starch, bug the roasted nut butters and those rhanu- factured from almonds or non- starchy nuts, and the various types of margarine, are all quite whole- some. The government exercises a careful supervision over the manufacture of all margarines and one can there- fore feel quite safe that the best of Wits Me ast thay. 20 Melle AY, JANUARY 26, 1990 . CE Coy, in preparing contain vitamin A, and I do not be- milk and beef fat. article is written because so the high cost of living and especially | Since I recommend butter so fre- | quently in my menus and recipes. ! a2 QUESTIONS AND ANSWERS Pains in Stomach 1 Question; Mrs. R. L. O. asks: ‘ «what is the cause of a pain in the with this for about six years. Am 26 years old, five feet tall, and weigh 107 pounds.” Answert: Such a pain is often caused simply by the formation of gas which is generated during the night. Do not expect me to.diagnose your trouble in this column, as it would be unwise for me to attempt to do so. Go to a good physician and have a diagnosis made, then, if you are not improving under his treat- ment, write me again, giving me the diagnosis, and I will be glad to send you what advice I can. Pancakes and Fruit Question: Camp Cook asks: “Are flapjacks and pancakes made with baking powder or eggs, and eaten with fruit a wholesome food?” . Answer: Make your pancakes of real wholewheat flour and you can then use such stewed fruits as prunes, raisins and figs. Tapeworm Question: X. Y. Z. asks: “Please, what are the symptams of tapeworm? Have a glorious appetite, but am los- ing weight right along.” Answer: There are not any neces- sarily definite clinical symptoms oi tapeworm except the evidence pre- sented of finding a piece of tapeworm in the feces. Some People with tape- worms do not have the “glorious appetite” that you describe, even dd not lose weight. Fast for a few days and take a tapeworm remedy. anc you can find out very quickly whether or not you have this trouble. up the deficit somehow if five dollars ® week can’t pay the bills for eight People. But occasionally one catches ®@ glimpse of the fact that women can do their own shabby money stuff Pretty well, from rifling pants’ pock- ets to getting house decds in their own names and proceeding to evict Papa. The question is, who started it? Do women haye to do such things if self-defense? I'm inclined to think ‘0. " ee FILIAL LOVE Margaret R. Paine, musical direc- tor of @ school in Koyoto, Japan, is Tushing over a journey of more than 7,000 miles in order to reach her mother who is dying in Miami, Flor-’ ida, before jt is too late. Perhans nothing so unusual inf that story. We are rather accustomed to our accept: ance of the comparative lukewarm- ness of filial devotion as contrested with parental. We take it for grant- ed that a parent will dash through fire and water to mect the needs of ~jand all FORTY YEARS AGO ‘M. Joslin left on a several weeks to thé east. Washington, D: C., to be employed in the federal bureau of markets. A dancing party was given in the Elks hall by the members of the Union Commercial travelers. Mrs, Albert Stenmo has - arrived from Hatton to join her husband, Senator Stenmo. A registering macshime designed by Secretary of State Thomas Hall, and manufactured by the National Cash Register company, has been installed iin the offices of the Motor Vehicle department. ‘The Bidding: South bids one spade Pass, Deciding the ay: West leads 3 of hearts and Dummy takes with King of hearts, Declarer now leads 7 of Shi ho. finesse? ‘The. .Error: Declarer takes with Ace of Spades or King of spades, |