The Bismarck Tribune Newspaper, May 29, 1935, Page 4

THE BISMARCK TRIBUNE, WEDNESDAY, MAY 29, 1935 The Bismarck Tribune TT An Independent Newspaper THE STATE’S OLDEST NEWSPAPER (Bstablished 1873) State, City and County Official Newspaper Published by The Bismarck Tribune Company, Bis- Bismarck marck, N. D., and entered at the postoffice at “@s second class mail matter. George D. Ma: President and Publlaber Kenneth W. Simons Editor Archie O, J Secretary and Treasurer Subscription Rates Payable in Advance Daily by carrier, per year 20 Daily by mail, per year (in Daily by mail, per year (in state Bismarck) oe Daily by mail outside of North Dakota . . ‘Weekly by mail in state, per year ., Weekly by mail outside of North Dakote, per year beasess Weekly by mail in Canada, per year.. Member of Audit Bureau of Circulation Member of The Associated Press The Associated Press is exclusively entitled to ‘use for republication of all news dispatches it or not otherwise credited in this newspaper and the local news of spontaneous origin published hei All rights of republication of all other matter also reserved. Inspiration for Today So the poor hath hope, and iniquity stoppeth her mouth—Job 5:16, Hope is the best possession. None are com- pletely wretched but those who are without hope, and few are reduced so low as that.—Hazlitt. 4 Not in the Headlines The most important news in your daily mewspaper isn’t always featured in the head- fines. The spectacular or controversial things may “make page one” but sometimes a little item tucked away in the smaller type is of greater importance. Such was the case Tuesday when the pro- saic report of Chicago's cattle market contain- ed the information that there was small de- mand for strictly good and choice weighty steers “because of consumers’ boycott in the east.” That was all there was to it. No explana- tion or elaboration, just the bare fact that folks in the consuming centers are refusing to buy. “But people cannot live without eating. ‘They have to have meat,” may cry the militant farm leader whose constant urge has been to push prices up without regard to the needs er attitude of the consuming public. Such contentions are only partly true. Peo- ple may not like to get along without meat but 5 they CAN do it. In fact many of them HAVE BEEN DOING IT for some time. Here in Bismarck, as meat prices have risen, housewives have turned to cheaper cuts of meat and to using less meat. It is not only in the east that the consumer operates to regu- late markets and keep prices within his reach. What has happened to the price of ham- burger, a meat which is succulent but cheap, il- Justrates the point. At the lowest turn of the meat price cycle it could be purchased here for six or eight cents a pound. Recently it has been fluctuating between 15 and 18 cents a pound. Now it is 20 cents a pound. House- wives have been continuously, if unconsciously, working to maintain a relative balance between it and the more desirable kinds of meat, such as roasts and steaks, The probability is that the ited to 80 in Washington WITH RODNEY DUTCHER NO. 4—PUBLIC UTILITY HOLDING COMPANY BILL -..» Giants of Industry Paint Picture of Ruin If Measure Passes ... President Firm in Demand for Curb on Titans’ Power. see ‘Washington, May 29.—The “power trust” and the Roosevelt administration are engaged in a death strug- gle which has become one of the bitterest, most signifi- cant legislative battles in American history. Passage of the trust-busting “public utility act of 1935” would mean eventual dissolution of the “power trust,” as that term is now loosely applied to the system through which 13 large holding groups control three- fourths of the nation’s private electric utility industry. Behind the holding companies stand the Morgan, Chase National Bank, and other huge financial groups which control them, violently opposing Roosevelt's thus far unswerving effort to “break down the concentra- tion of economic and political power now vested in the Power trust.” Few have read the long, complicated bill. Anyone who does will realize why the utilities have been waging a mighty campaign of publicity and backstage effort which knows no precedent. eee PLUNDERING CHARGED Roosevelt and the various federal agencies involved take the stand that the utility holding system is a gigan- tic milking machine which has plundered investor and consumer—often on shoestring investments—and is in- herently injurious to both; that its manifold sins are revealed through scores of volumes of federal docu- ments; that community toleration of utilities as “natural monopolies” cannot justify control by a few powerful groups over plants scattered through many states; that it has become so huge and impossible to regulate as to interfere with democratic government; and that it must be trimmed down to units of size and power which can be regulated for protection of investors and the public. So Title I of the bill—as reported by the Wheeler committee to the senate—provides that within five years holding companies—defined as companies owning, di- rectly or indirectly, 10 per cent voting control of a gas or electric company, or otherwise as exercising controlling influence—must choose between: 1, Turning themselves into investment trusts control of management of companies. 2 Reducing holdings so each controls but a single system of operating companies, either pre- dominantly intrastate or geographically and ece- nomically integrated. 3. Distributing securities and assets equitably among their ewn security holders. The Securities Exchange commission would supervise these operations and could extend the time limit one or two more years if necessary to prevent loss. eee BILL BRANDED RUINOUS Holding company executives insist this would “de- OLITICS = at the - NATION'S CAPITOL sixths of the public’s investment in utilities is in operat- ing companies; that dumping isn’t necessary when hold- ing companies have five years to rearrange their affairs and can distribute securities among securities holders; that 85 per cent of holding company stock shrinkage preceded the Roosevelt administration; that such stocks have increased since the bill was intro- duced; and that holding company security holders will emerge from reorganizations with better stocks than they went in with—their dividends undepressed by big tive council of the A. F. of L. has handed Lewis and his allies one of the most important set-backs they have received in a long time. It came in the council’s ruling on the Ana- conda copper case. : Various craft unions were given ‘about 400 employes of Anaconda un- Porate insiders at exorbitant Prices. oe PLAN IMMEDIATE CONTROL . Pages after pages of Title I are devoted to giving the SEC immediate, continuous, and effective control over holding company operations from now on. That's to eliminate “iniquitous” practices of holding some holding companies are declared to have been fa- mous. must register with complete reports of All holding companies SEC by October 1 and make holdings, salaries, business relationships, balance sheets, bonuses and 20 on. Inter-company relationships would alleged “; more meat loaves have been made and eaten in gi Bismarck in the last six months than in the preceding year. The same holds true for that old standby known as hamburger steak. All of which points a moral to the farmer nd all who are truly friendly to his interests. High prices are not, in themselves, enough, There must be balance between consuming {power and the ability to pay. Only the glutton | * is going to eat more than he wants because it fs available but nearly everyone will eat less than he wants if his pocketbook cannot stand the strain imposed by normal indulgence. Peo- ple do not often eat more than they need BUT {THEY CAN EAT LESS. And when prices rise high enough to precipitate a consumers’ strike, puch as that mentioned in the Chicago dispatch, the farm market is being seriously endangered. In justice to the farmer and to all farm fmovements, it must be said that he has never encouraged a condition whereby he will profit duly at the expense of his city brother. All e has asked has been a square deal. But some farm leaders, straining for sen- Bationalism, have done so. At the peak of the farm agitation as represented by the holiday gmovement there was much ill-advised talk about “starving out” the cities. In the face of this the American consumer has shown a most tolerant attitude toward the program devised to raise farm prices; has cooperated willingly. Here in the farm country we want the highest prices we fairly can obtain for our products but we do not want them too high, for the point where consumers’ strikes begin is that at which a new kind of farm trouble is sure to start. The farmer must keep the con- sumer with him if he is to return to a profit- able basis. " The sooner we get farm supply and con- fumer demand in tune the better it will be for fl concerned, Agriculture makes no more real Profit at the expense of industry than industry {does by taking unfair advantage of the farmer. Portable farm brought to Broadway gives New York- like. Something ® chance to see what = cow looks for a city of bulls, bears, and goats. honey is soothing ears during her recent | healing. Anyone who has ever whispered it to the little been sweet nothings, gaining power with employers. Many also favor industrial BEAULATION FAR-REACHING wna, to save duplicate bargain- state Tates—the to be committing political suicide. (Copyright, 1935, NEA Service, Inc.) Reprinted to show what they say. We may or y not agree with them, (Duluth Herald) the here electricity is most useful hardest to obtain is the farm. It is a hope- the Minnesota Power & Light Co., because financial conditions among the farmers of to resume its program for rural electrifica- cut that class of rates to encourage new ge dite vee "E i f [i | ; Z E of electricity are available farm the country will be enjoying only efficiency and comfort it ought to have. talk about American enterprise, and yet no- suggested a floating stadium for the naval & 28 af H E re & it sometimes be necessary to wire @ congress- for action, but never for sound. Helen Kane sues husband for divorce. You'd ima- gine a girl whose parents raised Helen Kane should have been able to “take it.” # pa es African dust storm hits Rome. A few of these, if they're anything like. the American variety, will put Abyssinia in Il Duce’s back yard. ' A Vienna doctor says that -*e * H People who advocate corporal pun- ishment for children are 100 years and |behind the times. You cannot com- pare the training of a beast with its woman knows that, purely admonitory regimen to the up- v ehind the Scenes 2 2 bringing of a human being—Dr./ the erring child—The Rev. J.B. Hub- Garry C. Myers, educator. bard, addressing woman's club in Chi- * 2% Children need less coddling and Ce eer enely more lickings. The woodshed may be} ‘You need to know only 850 words gone, but we have the garage, and it}to carry on an ordinary conversae is used too little for chastisement of | tion. ‘westerner whe runs SALLY MOON, leeal ie, alae enrolls at the elub for riding lee- eons. ZOB PARKER, Katharine’s friend. returns from where she was sent te love affair with Ray 7 Zoe ti a wi DR “JOHN. rye a relative ef Bertine’s, pays the Str7k- bursts a visit. NOW GO ON WITH THE STORY CHAPTER VI Zo after all, was not angry. Katharine’s heart softened when she saw her at the Country Club dance—emall and round and wist- ful in her floating printed silk, which was the prize of the frocks she had brought back from Paris. It was a gala night at the club. Ribbons of rere, pees flew — and forth, an loons were free, only to be punctured by the eigaret of some roisterer. Kath- arine danced with Dr. Kaye, to be cut in upon again and again. She looked lovely tonight in clear ivory silk, the gown molded to the lines of her exquisite young figure. Ber tine Strykburst, glancing at Kath- arine’s animated face, as she jaughed and talked with John Kaye, observed to her husband with aatistaction that Katharine had ev- idently forgotten all about that ca- Teer nonsense. Frank Corliss, the typical soph- omore, in elegant English dinner clothes, with real pearls for studs, made a foil for Zoe Parker. Liss Parker and Bertine both agreed that they were a charming pair. “He seems pea ee Lisa sighed. “I wouldn’t mind see ing her settle down—after this last year.” “You've had a worrying time of tt” Bertine, who knew all about Gibbs and who, although not @ mother herself, would tell any- one who cared to listen that the pag of today was certainly a prob “The only thing Katharine really Your Personal Health By William Brady, M. D. Dr. Brady will answer Meet pertaining to health but not dis- ease or diagnosis. Write letters briefly and in ink, Address Dr. Brady in care of The Tribune. All queries must be accompanied by &@ stamped, self-addressed envelope. WANTED: 10,000 GUINEA PIGS dtl itl att E zo i i 3 E in vitamin A, I Food and Nutrition”: cheese 700, eggs 550, Romaine lettuce 150, kidney 230, peas raw and canned 170, tomato Taw and canned 170, banana 100, orange 20, string beans 150, dried whole milk 500, condensed milk 140, evaporated milk 140, prunes 300, peppers 175, sweet potato 85, whole milk 65, head lettuce 50, broccoli 95, Brussels sprouts 95, asparagus 35, cantaloupe 90, cottage cheese 30, white potato 10, cabbage rhe ged 5. (The figures denote the number of units of vitamin A the ounce.) you can keep over five feet from the bird who pretends to have a “slight cold” and he doesn’t ‘sneeze or cough open-face at you, you won't catch oe j (Copyright, 1935, John F, Dille Co.) By Mabel McEliott © 1933, NEA Senice, Ine Katharine scarcely recognized from the mirror. Teleasing her from the mutinous tensions which had bound her all day. “Well, the Victorians used to marry to get out from under pa rental supervision. But that didn’t work so well. Maybe it does now- adays. Women seem to rule the roost.” “Don’t be vulgar.” But she was laughing, too. “However,” she pursued, with felish. “You don’t just marry—like that, I mean. You've got to be— well, at least, think you're in love.” “Plenty of boys have been leping #014 | sround after you tonight,” sald Dr. Much too good-looking, in a certain erude way.” “Ob, Katharine’s all right,” Lisa watch! Zoe's brown curls Bertine started to reply, but thought better of it. People mis 60, if she said a single That was . laughed, and something of the wholesome quality of bis o good, gentle personality touched ber with a sort of healing,boy, and Captain ’ : ; Kaye quietly. In the light trom the flare of his match, cupped against the breeze, she could see his lean, almost ascetic face. o was already & fine doctor and a man everyone respected. The woman who mar red him would be a lucky person, Katharine thought, innocently. “Oh, boys!” she rejoined, on &/ Kay No, she wouldn't confide in Ber tine, Besides, there was really nothing to tell about Michael Heatheroe. Katharine had bad, on arriving et the club tonight, the strangest feel: ing that she might see him among the guests, Obviously that was ab urd, “Nobody else,” she said, quite firmly. . Zoe came out with her Princeton Byrne and bis x Hf ; iiestelet her napkin he observed that the shadows under her eyes were deep- er. “The foghorn blew all night long,” Katharine contributed, sug- father’s off for early golf.” S= litted heavy eyes. Nothing seemed to matter very much this morning. She had missed her hour for riding. But did she want to ride any more? Wasn't Michael Heatherce @ far too im- Dortant factor in her life? Wouldn't it, perhaps, be wise to make a clean cut of the matter? Oh, but ft was her one great outlet: she needed it. It kept her going . . . “. . thought perhaps you might the white face that stared at her handsome blond fiancee joined them for a cigaret, Captain Altheus Byrne was an army man, home from Fort Sill on zeration. Be, and the plump, graceful from Tnnicock Hills were to be married the following spring. Gracia Mo gis four years unger than the erect bronzed Toldier who was to be her third husband. Gracia had been twice “lawfully widowed,” Zoe said glee fully, She did not like Gracia, who insisted on being the center of every group she joined. Gracia had @ penetrating voice; she told end- less stories of dramatic incidents of which she was the center. There was always an amused male or two to listen. She held them by sheer pee ie KATHI sald to herself that she did not mind Gracia, and yet tonight when the gushing Mra. Mclivaine took possession of Dr. was conscious of a dis tinct sense of annoyance. John seemed to like it. Of course he had met her half s dozen times before, but that was before he had go abroad to study. His two years the European capitals had robbed him of much of his former dif dence. He had an easy manner, an air of authority which Gracia was quick to recognize. “. . . now tell me all about this marvelous facial surgery,” Kath arine heard her coo. John’s gen- tle, deliberate voice answered. “Dance?” Captain Byrne was at ber elbow. ° “Love to.” Well, if John Kaye “fell for” Gracia McIlvaine as easily as that, Katharine told herself later that night, she was afraid she wouldnt have much respect for him. Gracia had kept bim at her side with quiet ear pig all the remainder of the ing. jen are all fools,” said Kath- arine to herself, as she undressed. Evep Johnny, whom she had thought above such things. She fell asleep congratulating herself that sbe had uot confided any of her innermost feelings to kim. efit