The Bismarck Tribune Newspaper, April 17, 1935, Page 6

THE BISMARCK TRIBUNE, WEDNESDAY, APRIL 17, 1985 The Bismarck Tribune An Independent Newspaper THE STATE’S OLDEST NEWSPAPER (Established 1873) State, City and County Official Newspaper Published by The Bismarck Tribune Company, Bis- marck, N. D., and entered at the postoffice at Bismarck €s second class mail matter. George D. Mann President and Publisher Archie ©. Johnson Kenneth W. Simons Secretary and Treasurer Editor Subscription Rates Payable in Advan ally by tall per veer tn Bismaveis mail, per in m i Daily by mail, per year (in state outside o! Bismarck ......s0...ese sees Daily by mail outside of North Dal Weekly by mail in state, per year . Weekly by mail outside of Nort per year .. Weekly by mail Canada, per Member of Audit Bureau of Circulation Member of The Associated Press The Associated Press is exclusively entitled to the use for republication of all news dispatches credited to it or not otherwise credited in this newspaper and also the local news of spontaneous origin published herein, All rights of republication of all other matter herein are Also reserved. ———— :. 5 | Inspiration for Today And it shall come to pass, that whosoever shall call on the name of the Lord shall be delivered: for in Mount Zion and in Jerusalem shall be de- | liverance, as the Lord hath said, and in the rem- nant whom the Lord shall call—Joel 2:32. © God, how beautiful the thought, how merci- ful the blest decree, that grace can always be found | when sought, and nought shut out the soul from | ‘Thee.—Eliza Cook. Resurrecting a Devil If the newspaper reader needs proof of the bitterness with which the government and the utility holding companies are waging battle in congress, let him look behind the significance of the announcement that Samuel Insull will be| brought to trial on another federal charge. Insull already has been tried twice, once in a} federal court and once in an Illinois state court, and has been acquitted each time. The verdict, in each case, was returned by a jury and, al- i | Bind the Scenes in Washington WITH RODNEY DUTCHER s Cotton Load Bears Heavily on AAA... Outlook Is Dark for Labor in Any Major Summer Strikes .. . Better Break Visioned for Lambs in Wall Street, Washington, April 17.—The AAA is out-Hoovering the old federal farm board in its cotton loan operations. It has loaded up with 4,270,000 bales on loans at 12 cents a pound, which means $256,200,000. Like the farm board, AAA has failed to peg and the market price has fallen below the loan value. And everybody is bothered by the heavy decline of cotton exports and @ prospective carryover of 9,000,000 bales. Farmers who can get 12 cents a pound for cotton ||from the government naturally haven't cared to export || it for less, Friendly observers of AAA fear that the cotton loan program, which was no part of the crop adjustment scheme and was forced upon the administration by loud outcry from cotton states, may develop into AAA's first real big disaster. Growers can and will take the cotton back if the price rises above 12 cents, but right now AAA isn’t very hopeful about that. The man chiefly responsible for the 12-cent loan figure was Oscar Johnston, manager of the cotton pool which took over 1,300,000 bales of farm board cotton as well as the new loan cotton, Johnston, a large cotton grower, was urging a 15-cent rate when Secretary Wallace and other officials sought to keep it down to 10 cents. eee HOLD CONTROL WEAPON AAA officials have the weapon of compulsory con- trol, which the old farm board didn’t have, though al- | | ready this year’s program calls for a 35 per cent reduc- tion and wails for and from dispossessed tenant farmers and share-croppers grow louder every week, The 5,000,000 bales which it will have on hand by the end of the marketing year in August can’t be unloaded commercially without ruining the market, of course. So AAA officials are dis- cussing the possibility of cutting down cotton Production in 1936 to almost nothing and giving warehouse receipts for its loan cotton to growers in return for reduction promises, The plan might involve cotton on which the Com- modity Credit corporation is advancing $300,000,000. Passage of the proposed AAA amendments, now jammed in congress, would be necessary for such a plan. SO THAT’S THAT Deputy Administrator Merle D. Vincent of NRA, testifying before the senate finance commit- tee (not without sarcasm): “The depression is constitutional. “The remedies for it are unconstitutional.” DARK FOR LABOR Any strikes in basic industries this spring or summer will result in harsh defeats for organized labor. This private belief of labor leaders here is one good though they hardly were in accord with general | °°" EL ie ited tilde en public opinion, they were final. It may not be too strong to say that they were a definite dis- appointment to much of the public which had assumed, largely as a result of his spectacular efforts to avoid extradition, that Insull had a guilty conscience. But the significant fact is that both the gov- ernment and the state of Illinois selected their strongest cases for the initial trials. assumption was that he would not again be brought to book on accusations less well forti- fied. But such observations did not reckon with the fight on the bill to eliminate the utilities holding company from the financial scene in America. As already mentioned in this column, the utilities are waging such a propaganda campaign as has rarely been seen in this coun- try. The government has countered with an Automobile, steel, and textile workers have not been effectively organized by the A. F. of L. and in each of those industries production is now being curtailed—which means the worst possible time for a strike, from the union standpoint, One of the best-informed national labor leaders here thinks a strike in any of them would merely result in a “slaughter.” A ‘BREAK’ FOR THE LAMBS ‘Young New Dealers who helped put through the stock market act or are helping administer it through the The | Securities exchange commission are taking a lot of credit for the unhorsing of President Richard Whitney of the New York ne exchange and pep tera + SEC, by demanding a revision of the governing meth- ods and regulations of the exchange, the commission brokerage houses and encouraged them to revolt against the banking houses, floor brokers, under- writers, and other insiders who had always fed on them through a self-perpetuating oligarchy headed by Whitney, who has now been defeated for the presidency. For the first time, Wall Street was incited to a fight in its own ranks and the theory here has been that the public, as against the insiders, would begin to get more of a break. The Whitney group was always supposed to be play- ing closely with the Morgan firm. Enthusiasts over the change believe the commission houses in control will now occasional blast but it has been under more of a| seek to assure their clientele of an honest market, seek- handicap in bringing its side to the people. The obvious course in the effort to align public opinion on the side of federal regulation was to again parade the ills of the investor and the consumer before them and thus restore the high prejudice against utility financing which was so evident a few years ago. ing good will and increased bi 5 Cynics, however, still have their fingers crossed. (Copyright, 1935, NEA Service, Inc.) show what With Other | fer" | AADITORS | 20 s Reprinted to Means of so doing were fairly obvious. Of all the men who bilked trusting investors, Insull was the most notable. He is the favorite devil of those who feel that something was and is radically wrong. What more obvious, then, than to grab him from the obscurity into which time had begun to consign him, and put him on trial once more? There can be little hope that he will be con- vieted. The best case against him failed. But it will make excellent propaganda in the fight for the regulatory bill since it will bring back to people’s minds the ills which they suffered under the old system of public utility finance. Whether such a course can be classed as good government policy is a question. Our courts should not be made into sounding boards. It also is doubtful if the high fury which once marked public reaction to the utilities can be recaptured. But that it will be at least partially effective as a propaganda move must be con- The most significant thing about the deci- sion to try Insull again is the manner in which it reflects the battle now raging in congress, through the mails and, presumably, in the pub The Menace of Syphilis (Chicago Tribune) Dr. Cutter's discussion the other day lence of syphilis must have come as a shoc! men. He reported that each year half a cases Of the disease occur in this country. and 1929, he reported, the number of exceeded the number of cases of tuberc: million. The record is an appalling one, particularly in of the devastating nature of the disease to contract it and to their offspring. The rapid the infection suggests defective education in and treatment. How defective this further suggested by the Pigg oo promiscuity among students at University of Kenyon college, and elsewhere. Perl Prevention, recognition, and cure given in the senior year at high Plainly the subject is be passed over in silence. of millions of dollars for try’s physical resources while able of all natural resources, the human mind and the human body. The taboo on public discussion of ought to be broken down as speedily as possible. Perhay zations wi A rl or at least through that part wants it. As recently as 1921 the try was 24.2 per thousand of tate had declined to 16.4. climbing steadily, The grand objective of thi improvement in the quality of vention and cure of syphilis i Bs the Someone's been trying to figure out why, if ii skirts appear, good times are-in the vicinity, be more likely to lure prosperity from around ner’ z § The U. 8. navy will reach full treaty strength four years, gE Le £ ae i a Tt BE BE, Hi i Sa 15 Chart, The What-Is-It deli &3 oH i rye* tye Sere 4 re i HET i z i! ; ki ik g edge ae H g g EE HORIZONTAL 1 Hero son of the god Zeus. ISO UE TT 4 (au "] 17To rent again. [1 18 Male bee. vegetable. 57 Tooth tissue. 3 Stream. 4 Food container, 2 pl ig up. ’ 58 Hall. 5 Custom. J 59.A famous 6 To eject. “em . statue of this 7 Flavor. 55 Constellation. circle. Honey gatherer. 52 Sun. 11 Ancient. 54 To drink dog. 12 To counter. fashion. sink. 56 Northeast. 13 He was famous §8 Spain. : E 3 Your Personal Health By William Brady, M. D. - Dr. Brady will answer questions pertaining to health but not die- ease or dingnoris. ‘Weite “ettere briefiy and in “tule” Addneee ‘te Brady in care.of The Tribune. All queries must be accompanied by & stamped, self-addressed envelope. i] ag § g FEE if a 3 i : Fe Ae i Lf iy li f i i it i htt: + <ifte iit i Ht Erni | i il ie i i s& gE E vee .o8° gif b eee aie Hee F tr i H iefh me atl by OEUAET HEE ie ties aie fe | Heel 2iks Freel Feats i tf i Pi af A TE gt? ah pull abet abn Cri fl id il i Heard that person with asthms should not attempt air travel. (D. B. K.) Answer—There is no reason for such a notion. afi Edi & i is att Letalseshie HE F H isk Hea il iH FY Z 8 j g a : 3 i i & i ? ft i iF tt He en8f et acEe kk E 3 if “1 still say.” Jarvis Happ re marked, “that you bave no evidence whatever that Harry Felding put those keys in the pool. On the other hand, you have every evidence that if ae EF F FF if E if ; hi “What do you mean we've got every evidence that be didn’t?” Jarvis Happ sighed after the man- SESEESS il 2F Hy i ie ; RUHL sEEee ul FE fal iFeeid tes g H i Z ABE HH FE fl i ii i jut HT eel i 53 : ft i it } cB) «& il i é et st E art 4 i tr af F : i | ef i HG i i SHH i ofet iit Fil i hi Bt rai | | A i i i HE fe i i it if i [ § a E Hi ii el alti |