The Bismarck Tribune Newspaper, February 22, 1932, Page 2

Mn Oe RESSuxko Sur. en tA 1 Bae eee roRnoeer THE BISMARCK TRIBUNE, MONDAY, FEBRUARY 22, 1982 2 . D, MEN RETURN PROM RATE REARING: Advocate Complete Basis of| Joint Through Lake and | Rait Rates A comciete basis of joint through} dake and rail rates to and from North} Dakota, comparable with those that | may be prescribed for the Twin Cities | and Duluth, was advocated by repre- sentatives of the North Dakota rail- Toad commission at hearings at Chi- | cago and Duluth. | Ben C, Larkin, chairman of the state commission, and E. M. Hen- dricks, traffic expert, who appeared at the hearing, said on their return; here that the state commission will file a brief, appear in further oral] argument and will generally partici- Pate in the case to conclusion. The hearing was conducted before two special examiners of the Inter- state Commerce Commission at Chi- cago and Duluth during the last month, Larkin and Hendricks, assisted by representatives of the Fargo Cham- ber of Commerce, the Greater Grand Forks Traffic association, and dairy products shipping interests, submit- ted exhibits and oral testimony in favor of the joint through rates from North Dakota. ‘The case is of particular importance to creameries in the state because of the large number of carloads moving | to eastern points through Duluth and over the lakes at a material saving inj freight charges over the all-rail rate. Members of the commission said the west-bound rates are of outstand- ing importance because of the large amount of tonnage moving during the period of open navigation at a mater- jal saving under the all-rail rates, Hearings were arranged by the I. C. C., when reductions in the lake and rail rates were published to be-| come effective Dec. 3, 1931, the same! Editor's Not Letters deal viduals unfairly, or which offend We will respect such requests. We ri ft letters as may be necessai PEOPLE’S FORUM ‘The Tribune welcomes letters on subjects of interest. with controversial religious subjects, which attack indl. returned to the writers. All letters MUST be signed. If you wish to 4 pseudonym, sign the pseudonym first and your own name beneath it. good taste and fair play will b eserve the right to delete such parts ry to conform to this policy. AGREES WITH COXEY Bismarck, N. . 17, 1932, Editor, Tribune: |days, Edgar Vick said he saw many minors drunk before the days of pro- | hibition. | Now, a keeper of @ saloon in those After reading your item of Feb, 9 | days was required to purchase a $500 with reference to “General” Coxey's |license. If such a keeper was caught appearance here in Bismarck as a/Selling liquor to minors, his license prospective candidate for president, I) was revoked and he was prohibited conclude that a letter setting forth | from operating another saloon. Where the facts as they appear to a sympa- |there is no informer there is no law, thizer is in order. ‘and I am at a loss to know where It so happens that the “general's” | Edgar Vick or some of the older Vicks views coincide quite completely with | Were when this law violation was in those expressed by the writer in a former letter. To understand the “general's” plan one must first know some of the facts with reference to money as we have it today. Mr. Lemke says “there is not enough money to do the money busi- jness.” That is true. Most of our busi- ness is done with bank balances, that is, by means of checks. Some folks |think that a check represents money lon deposit at a bank, That is not the |case. There is in circulation less than five billion dollars in actual money, outside the national treasury, “In circulation” means that the money is in the banks. Money in your pocket, | in a teapot, under a board, or in your | private safe, is said to be “hoarded.”| If it is locked up in bank safes to form a part of the bankers’ reserve fund, it is in circulation. There is very little money except the bankers reserve. Bank deposits aggregate about 45 billion dollars while money aggre- gates only about five billion dollars. | That means that something . other | than money is back of bank deposits. | That something is notes and mort-' gages (debt). If you do not under-| stand that, you cannot understand “General” Coxey's plan to have money issued on non-interest hear-j| ing bonds, Today money, except gold, is issued only on an interest-bearing debt. It! day on which the all-rail rates were!is a case of no debt, no money. Let! reduced. Suspension of the publish-|me make this point plain. First, ed lake and rail rates were ordered by|there is 412 billion in gold, practi- the I. C. C. on petition of the Twinjcally all of which is locked up tight Cities, Duluth and South Dakota,jin the banks as a reserve. If you de- pending an investigation of their|mand payment in gold you can get it, reasonableness. but very little gold is ever demanded. /not get more than 10 cents on the} Hearings on the application of rail-| money has placed the entire stock of jIf all the depositors in banks should | Class Freight Rate |dollar. The gold is all cornered sby | roads operating in North Dakota for|80ld in the hands of the central demand payment in gold, they could] Hearings Arranged |the banks. “The general use of paper increased class freight rates between | banks in the form of gold reserves. | mic yw, * points in the state will be held at Mi-|It is they who control the market for | This would help take the gold"—Enc. Brittanica. mot March 7, Grand Forks March 9, and Fargo March 11, the state rail. road commission announced Monday. , The hearings were to be held this month, but were postponed because of @ conflict with dates of other heay- i | ings. The railroads have applied for e: tablishment of intrastate class rat on a level with the rates ordered by the Interstate Commerce Commission on interstate traffic. and which be- came effective last December. | It is claimed by the state commis- sion that if the interstate class 1ate scale is applied to intrastate traffic it will result in a substantial increase in the short haul rate provide some small reductions on long, haul traffic. particularly joint line shipments. Grand Forks. Minot and Fargo representatives have protested against the change asked by the railroads ‘The hearings are based on the rail- roads’ applications and on the com-, mission’s own motion for an investi-| gation of the intrastate class freight! rates. | {money issued on debt does the same MORTON NAMED COMMISSIONER Manning, N. D.. Feb. 22—(P)— George Morton of Manning has been appointed county commissioner, suc- ceeding the late Carl Schmidt. Mor-| ‘ton, once a representative from Man- | ning in the legislature, at one time was the village blacksmith at Man-| ning and at present is a farmer near | there. He was one of the earliest set- | tlers in Dunn county. FIND GAME BIRDS DEAD Beach, N. D., Feb. 22.—(#)—Hun- garian partridges and prairie chickens have been found dead west of here. Either hunger or freezing is believed to be the cause of death. Farmers are being asked to throw out feed for the birds if possible. a bh wcll aes | Editors Battle for || | Free Press ; 48 to whether or not money shall te| jBuess that there will be still more} Paper money, fecleral reserve notes and national bank notes, is issued! only on interest-bearing debts such as state or municipal bonds, real es- | progress. This leads me to believe that Vick and all the citizens in the said com- munity were “poorly read up” on the Minnesota state laws. Furthermore, Vick has not pointed jout what good prohibition has accom- |plished for this country or the tax- |Payers therein. The lad from Steele is “harping” on the $10,000 salary the head of the wets is getting. This un- dcubtedly doés not interfere with his or my pocketbook. Why doesn’t he tell us about the countless millions \the government is spending on salar- \ies for those “booze hounds” and all others connected with the same? Prohibition is a failure and spells tuination for the entire nation. Who pays taxes under this 18th amendment? The farmer is one. The newspaper man is another. The la- borer, if he owns his house, pays his taxes. If he rents, he also pays the taxes for, when taxes go up, land- lords “slap” the increase on_ rents. The local business man adds it to the Price of his goods and so on down the line. But the poor farmer comes in last of all. All he can do is ask what you will give him and he pays his taxes without a murmur. More than that, he pays taxes on property which belongs to the American bankers. Wouldn't it be far better if the wet laws were prevailing in this nation and each. state owned and operated jent. Eugene H. Beebe (left), at the tion and the Honolulu chamber of Barry S. Ulrich (right) was chosen men accused in the assault case. TO PROSECUTE IN HAWAII TRIALS Associated Press Photo request of the Hawaii Bar associa. commerce will act as prosecutor In the re-trial of four youths accused of attacking Mrs. Thomas H. Massie, by the same organizations to prose- cute Mrs. Granville Fortescue, Lieut. Thomas H. Massie and two navy enlisted men who go on trial Match 10 for the slaying of one of the about overcrowded right now; some industries have been damaged more by this depression than is generally acknowledged, and many people will never be able to get employment again that they had before. This will inevitably lead to emigration, and the western part of this state will get its share and probably more. The lignite industry will develop and outstrip the cities at the Minne- sota border, although now they have the advantage of population. We must, therefore, look to the future of the state and not only at the pres- you could make arrangements to get the sheriffs in the counties that you know are against the removal of the capitol to Jamestown, to talk to all the election inspectors, to whom the election supplies will be delivered, to use their best efforts in getting each one of the electors to vote on the question as otherwise there will be hundreds that will never get: that far down the line while they are voting. Yours very truly, HERMAN Editor's Note: (Bismarck ap- | preciates these evidences of inter- T have no time to write an article! est. The suggestion is being their cwn distilleries? They could pay to the government a revenue of 90 cents per gallon on whisky and $1 a barrel on beer. This system could be operated in state-owned distributing houses by heavily-bonded employees. The state could limit each family, according to its size, to a certain amount or liquor er month. Then if a man was fool enough to drink it all in one day, he would go the rest of the month with- jout. Under such a system, everyone who took a drink would be on the tax list. greater | Weight of the tax burden from the shoulders upon which it is resting now and would knock the lawless bootlegger out of business. The bootlegger is plucking the tate mortgages, or other debts. Money is not issued on all of these debts,| because the bankers have the say-so printed. They may simply hold the} bond. Of course, the public must pay} interest on all these debts anyway.) But the banker does not want much} money in circulation. His interests are best&erved if there is not enough | to do the business, because the laws are such that a banker may loan out| but would | five to ten times as much as he has| Editor, Tribune in money. Then, if there is not} enough money to do the money busi- | ness, folks will have to borrow at the bank and pay the banker interest. { When a bank balance gets on the, somebody, not always the borrower, | until the debt is paid that brought it | into being. When the debt is paid,/ deposits to the amount of the debt| paid will vanish into thin air. Paper thing. So if all debts were paid there would be no money except the gold reserve and a little silver, and no bank | balances. We pay interest on all the money and bank balances we must! use. Figures prove that we turn over | an amount in interest every year | greater than the value of the entire agricultural crop. And yet the presi-| dent and congress want to get us out of the depression by loaning us more money. Bank balances in national banks| advanced from 5.2 billion dollars in 1910 to 23.2 billion dollars in 1930. If the president's reconstruction plan works, 10 to 20 billion more will be, added to bank balances, and also to! the interest-bearing debt. It is hard} to see how this can work out bene- ficlally because we cannot pay the interest on the debt we already have. } Because we could not pay, there were} 2,290 bank failures in the United; States last year, with deposits aggre-; gating 1.7 billion dollars. It is a safe failures next year. Now for the “general's” plan. It is as follows: The issue of money on pecple and reaping a large profit throughout the entire nation. If such a system were perfected and put into effect, there is no doubt in my mind but what Mutt and Jeff would become the state’s largest tax- payers. T remain yours. HENRY COMMES. WANTS BISMARCK VICTORY Beach, N. D., Feb. 19, 1932. i In Tuesday's Tribune on the capital} removal bill, I notice it is all in one, that is the Normal and other state institutions. If a person votes no on| ‘Books, it stays there to the credit of J#mestown for state capital does he} vote No on them? | We are for Bismarck here and hope that Bismarck retains the cap-/| ital with at least 85 por cent of the votes. What happened to our cross-word puzzle? Am quite a fan for them and notice the other papers still print jthem. Yours truly, MARK E. FREESE. Editor's Note: To vote “No” on the capital amendment is to vote in favor of leaving all state institutions where they now are. The only question contained in the proposed capital amendment is the change of the seat of government from Bis- marck to Jamestown. Other in- stitutions, while listed in the amendment are NOT in issue. How many other folks want cross-word puzzles? Let’s hear from you. McClusky, N. D., Feb. 18, 1932. Editor, Tribune: Please send me some of the “ant!- removal of the the capital” literature. vention to be held Feb. 24, 1932. Anyone who can see a little bit into the future must inevitably come to We should have it for our county con- | on the subject for publication, but| passed along to the Capital De- we will help do some of the work. Once the removal bug gets a start, there is no telling where the racket will lead to. Yours truly, H. A. PETERS. P.S.: Soon we might have to start printing new school books every few years to keep them correct with the cee in county seat lists, maps, ete. Editor's Note: Mr. Peters is register of deeds of Sheridan county. His postscript starts an interesting train of thought. WILL SOMEONE ANSWER? Bismarck, N. D., Feb. 20, 1932. Editor, Tribune: “It has always been a popular slo- gan of opponents to government in business to assert that “you can’t leg- islate prosperity.” . Assuming the reconstruction law just enacted by congress will do what is claimed for it, will these people still proclaim said slogan as a gospel truth? S. A. OLSNESS. A SUGGESTION FROM TAYLOR Taylor, N. D., Feb. 17, 1932. Editor, Tribune: Not knowing whom to address in this matter I take the liberty of writ- ing you. I have been thinking that it might be a mighty big help to your cause if fense Committee). Tillage Increases | Alfalfa Production Hettinger. N. D., Feb. 22.—(P)—Al- falfa tillage experiments conducted at the Hettinger Substation during a |four-year period show that cultiva- | tion brought about a 28.1 per cent in- jcrease in the production in hay. A {considerable reduction in weeds also was shown, C. H. Plath, superintend- ent. said. Plath said a similar experiment started last spring on a more recent seeding which includes 96 plots pro- duced 10.2 per cent more hay than Plots not cultivated. A significant difference in quality of hay in the two methods under trial was observed by Plath, with a consid- erable reduction in weeds on the cul- \tivated area. Russian thistles, es- the hay weights where there was no cultivation, Plath pointed out, thus |giving an undue advantage in yield ‘to those plots. A thick stand of pep- per grass was eliminated on the cul- | tivated plots, A spring tooth harrow cutting | three to four inches in depth with a stiff tooth harrow following to smooth the surface was used in the experi- mental cultivating. The work was done in early spring and again im- mediately after the first crop of hay was removed. 1M CURIOUS AS A CAT ABOUT YOUR SNOWY CLOTHES. HOW DID YOU EVER GET THAT CLOTH SO WHITE? 1USE RINSO, IT SOAKS. CLOTHES non - interest bearing, tax - exempt bonds, instead of on interest-bearing | tax-exempt bonds as we have it now.j These bonds would be voted by the jPeople and the people would have the! say-so as to whether or not money} should be issued, instead of leaving} that to the bankers. These bonds ; Would be for 25 years and would be paid off at 4 per cent per year to the conclusion that since all the min- | eral wealth of this state lies in the} western part of the state, the present; population center is no argument for| removal at all. If the founders of! this state had argued along that line, the capital probably would have been on the banks of the Red river instead of the Missouri. There are no “open prairies” in thé | — SAVES retire the money. When more money Red river valley, to my knowledge, } THERES NO SECRET ABOUT IT, CLAIRE. MILLIONS OF WOMEN GET SNOWY CLOTHES THE SAME . OUT THE DIRT — IT SAVES ME, SAVES THE WONDERFUL! I'M GOING TO GET SOME RINSO TODAY ! I'M SICK OF SCRUBBING AND BOILING FOR HOURS Bonded Indebtedness Of N. D. $41,650,800 The state bonded indebtedness of North Dakota at the beginning of this year fotaled $41,650,800, a finan- Cial- statement by State Treasurer Berta E. Baker discloses. On July 1, 1931, state real estate ‘bonds for $208,200 were paid, while on Jan, 1, 1982, $300,000 real estate bonds were paid. ‘The statement shows that on June 30, 1931, the state treasurer's balance was $11,945,950.75. During the six- month period ending Dec. 31, 1931, collections totaled $10,375,437.15, and disbursements — $13,845,866.33. left a balance of $6,478,626.57 as of Dec. 31, 1931. On Dec, 31, 1931, the number of ank of North Dakota farm Ipans to- falled 18,271, with a total of $3¢ ,103,- 350.11 assigned, the treasurer's rece ords show. 'The balance in the workmen’ pan nsation fund was 5 which $2,144,000 was in North Dakota real estate bonds, $36,000 in mill and This| elevator bonds, $24,000 in’ city of Grand Forks waterworks bonds, and $19,252.12 in the Bank of North Da- kota subject to check. FLECK MOTOR SALES Inc. BISMARCK Corner First Street and Broadway TELEPHONE 55 NORTH DAKOTA |pecially thick last season, increased |: WORLD FAMOUS ALUMINUM WASHER The finest washer Maytag builds now -costs $26 less j Yes, it’s the square tub Maytag Model ‘a (also Model B*)... the lifetime Maytag... the Maytag ‘you've always wanted... the one that gives you the “lowest cost per washing of any washer.” Now it comes to you at a sensationally reduced price... but with the same high quality. See the efficient, oversized square aluminum tub with its thick, Hepbrestetoing. walls of castalum- inum...the sturdy Roller Water Remover with its soft upper and firm lower rolls which gently, ~stoothly, thoroughly prees the water from the was needed more bonds would be is-| but the west has plenty of room for: sued. We would always have debt,/@ steady, healthy growth, and no/ but the debt would not hurt anybody|doubt people will come west again| because it would not bear interest.|as soon as farming conditions im- The debt can never be paid anyway,|Prove, for the large cities are just so why not dehorn it by taking away | its interest-bearing feature? 1 Then there would be enough money | to do the money business. Money! would take the place of bank balances} —_——_—_ ©, Anderson, above, and and publisher of the Aber- of the Aber- D.) American-News are contempt of court sentences $200 each in Circuit Judge} possibly bootleggers, as they are the} only types which fight open drink of | sentence of a for- it the judge ordered are suspend- so that instead of 45 billion in bank deposits we would have that amount in paper money, or, if we still had the balances, we would have enough cur- rency back of them to pay them out in full. Then the banker could not collect interest on money he never had and he would not have to sell your home and mine to pay his depositors. Then the bond clipper would have to find something else to do. Of course, the folks whose income is from interest do not tike the plan. Why should they? We, who pay interest until it hurts, ought to fight for it. Respectfully, HERBERT J. ROBERTS. WHERE WAS EDGAR VICK Richardton, N. D. Editor, Tribune: In your issue of Feb. 11 appeared fae articles commenting on prohibi- In my point of view, the writers of those articles are prohibitionists gr intoxicated liquors. Referring to a small Minnesota town, where he spent his boyhogd i “lord et pi Rinso is all you sce as much suds a8 Creamy, lasting suds. mous its lively su 2 Use the 208? Why boi ehiven, brightest like that soaks i \ things stay so fres! mind how hard yout wa lightweight, ‘Wonderful in washers £003 ds for dishwrashing! clothes. 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