The Bismarck Tribune Newspaper, August 3, 1935, Page 4

The 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 O. Johnson Kenneth W. Simons Secretary and Treasurer Eéito: Subscription Rates Payable in Advance Daily by mail, per year (in Bismarck).. Daily by mail, per year (in state outel Bismarck) Daily by mail outside of North Dakota . Weekly by mail in state, per year .... Weekly by mail outside of North Dakot YOAE ccccreccccces ‘Weekly by mail in Canada, per year.. Member of Audit Bureau of Circulation Member of The Associated Press the local news of spontaneous origin publis! All rights of republication of all other matter herein are also reserved. Inspiration for Today But woe unto you that are rich! for ye have received your consolation.—St. Luke 6:24. To have what we want is riches, but to be able to do without is power—George Macdonald, Bismarck Tribune THE BISMA in Washington WITH KODNEY DUTCHER Band the Scenes Hugh Johnsen Sits Pretty, So He'll Pass Up Senate Race. 5 Sad “Bhi Up’ Is Given Utilities tn Lobby Probe... Big Shots Just Guess at Big Jobs... od eee Washington, Aug. 3—Another rumor that you can, cross off the list is the one about Gen. Hugh Johnson running for the U. 8. senate seat of Oklahoma's blind ‘Thomas P. Gore. The general has just about decided that there’s nothing to it for him. Not that he couldn't make it. He would have an excellent chance to beat Gore. But the leaving NRA, has done very well for himself, amassing a neat pile of something between $100,000 and $200,000, largely by highly paid writing. (Which he does himself, mostly in longhand.) He might have to toss most of that stake into a cam- paign for the senate seat, and while he is given a better than 50-50 chance to win, still you can’t sometimes most always tell in politics. ‘He'd be taking a chance. And why rock the boat when you're sitting pretty? ‘The general, except for his writing, is devoting al- all his time to the New York work-reliéf problem— isn’t doing a thing at present for Barney Baruch, who he is in Europe. A _man who has a lot of money, like Senator Couzens, can afford to serve in the sefiate and never worry about election or re-election. To a man who hasn't aftything, the $10,000 senate salary looks good, ard he, tos, cat & chance. But to one who has just made a good start in re- building a neat fortune, the “everything to lose, nothing to gain” angle weighs heavily. ‘ NAILED TO THE MAST A neat sidelight on public utility tactics toward reg- ulation was outlined the other day in the sénate investi- gation of utility lobbying. On the stand was John W. Carpenter, president of the Texas Power and Light Co., who had come to Washington quite frankly to oppose the The Farm Finance Question One thing stood out above all others at the conference held Thursday by Governor Walter Welford with leaders in various lines through-| out the state. That was the unanimity with which it was agreed that the government must step in and once more come to the rescue of North Dakota’s farmers, beset with the problems of financing @ disappointing harvest. Many of the men who voiced this opinion are included in groups which have, from time to time, vigorously condemned the government for its “interference” with private business. Yet, in this crisis, they saw no other alternative. All of which emphasizes the makeshift char- acter of the government’s operations. There ‘was no desire on the part of federal officials to finance the seed and feed loans last spring. Their participation was one of necessity. They went into it reluctantly and without en- thusiasm. Had the reverse been true, they would have foreseen the possibility of the need for financ- ing at harvest time and would have made pro- dress, vision for it. Having learned nothing from the lessons of the past, they comforted themselves with the vain hope that if the crop were only|- gotten into the ground a way would be found to take care of future eventualities. ‘Thus the demand that they relinquish the security mh on the crop, taken at that time, now finds them unpre- pared. They were ready for the best but not for the Worst. This was only natural. They lack the experience which North Dakote’s bankers have had over a period of years, are better adapted to the entertainment of soseate dreams than to facing the bitter facts in a prac- tical manner, : ‘The bankers know all too well what happens when. they take on the job of seeing a farmer through the har- vest. Once committed to him, they cannot back up until the game is played through. By that time they have-so much invested that the only way to protect themselves is to continue in the game, hoping that the farmer will pull through and pay his debts. ‘That, in brief, is the reason 80 gone bust in recent years. It is the reason been so reluctant to lend money to the agricult provides the background for the fact that have nothing to do with feed and seed loans nance problem will be a continuing one as long as the Present system prevails. At the same time, they ex- pressed pleasure that the situation was such last spring that they were unjustified in making loans, figuring that they had been saved from loss as a result of it, Although some commentators pointed out that the government is « lenient creditor and that there would have been little crop to harvest had not Uncle Sam made 40,000 seed loans for some $11,000,000, farmers and others. seemed just a bit resentful at the government. Their hopes for an excellent harvest dashed, it seemed that the federal loaning agencies were the handiest thing up- on which to vent their spleen. Designed to help the farmer, there is more than a possibility that the government loaning agencies soon will Occupy the place in the general scheme which the bank- ers held for so many years, that of the political black- sheep, the embodiment of the creditor class whose activi- ties bear heavily upon the poor. Now that the bankers ‘have quit loaning to the general run of farmers they have heen restored to respectability. One hears very little condemnation of them. All of which points to a development in our trend of thought which may prove to be most unhealthful. To say that the government agencies have utterly failed would be untrue. Within their limits they have done # good, Job. But they have proved themselves cumbersome and unable to render the service which can be given by « man on the ground, who knows the facts and can take independent action without regard to rules which may have been specially designed for application in South Carolina or California but which still apply to us. The government wants to get out of the farm loan- ing business and has participated in it only becatise of necessity. The bankers want to get back in and are bet- ter equipped to render service. Yet all have been pitched about on the horns of necessity and distorted by political thinking. High hopes and beneficent aims have proved mo substitute for practical service. ‘The government wants to get out of the farm loan business and cannot. The bankers want to get back in tnd cannot. The federal agencies continue to put out money, much of which will be lost, and the bankers con- finue to do little business. It would seem sound policy for the bankers and the government to get together, devise a system whereby the farmer can get reasonable credit and financial service when he needs it. Apparently everyone would bé happier apd the ' Iqnese certainly would be reduced. x” holding company death sentence bill. The ground of opposition was that such regulation ‘was more properly a state matter. Then Senator Louis B. Schwellenbach of Washington pounced on Carpenter. He pointed out that Texas hasn't state regulation, and showed that Carpenter's com- ee ishing such regulation. Local communities were jealous of their right to keep such regulation, Carpenter averred. “and I suppose your company shared this jealousy?” sneered Schwellenbach. Carpenter demurred, ducked, sidestepped. He ad- mitted nothing, but the picture of tactics was pretty plain to the shirt-sleeved listeners who crowded the heating room. The company went to Washington to oppose national regulation, saying this was better left to the states. Then it went to Austin to oppose state regulation, saying this was better left to the communities. When you get it down to the local community, the problem is compara- tively easy. cunts BIG JOB JUST A BIG GUESS ‘The vagueness of big executives about their jobs which was so sharply brought out during the stock mar- lobby probe. if tions, that “I think perhaps I was” vice president of this or that corporation, or “I don't know what securities they bought and sold” when asked about a security firm of which he was a director. Cs LEWIS I8 A STANDOUT In a town which blossoms with white clothes at this time of year, massive John Lewis of the United Mine their knees on the carved water-buffalo heads which project from it. offices for the new com- Bermuda. (Copyright, 1935, NEA Service, Inc.) E With Other DITORS Put Bicycles on Sidewalks (Grand Forks Herald) ‘With bicycle riding on the increase in Grand Forks, Reprinted to show what they say. to many banks have hay course, they might be ooking Ptareags }, they Product. see That artificial heart which Lindbergh helped devise is said to be the firet of its kind. We thought every banker had one. eee In 15 years Turkey has been made industrially and independent by one man, President Ata-| turke. . Ataturko boy. OLITICS - at the - NATION'S CAPITOL By HERBERT beh ‘ Washington — Once again, just as happened in the closing days of the last congress, the Frazier-Lemke farm mortgage refinancing bill may pro- vide the fireworks before the present session is adjourned sine die. Senator Long of Louisiana had the leadership of both houses running afound in circles last year before he forced enactment of the Frazier- Lemke bill which later was invali- dated by the supreme court. The fi mous incident of Litter seep and the “kingtish’s” threa| congress in session until they were found, still are remembered. The revised measure now pending — a low interest and Lacteninsant proposal—presents an even more se- rious problem than its predecessor. Senator Borah has placed it on his personal “must” program of legisla- tion to be acted on at this session. House supporters of the bill, led by Representative Lemke, Republican of North Dakota, but a Roosevelt sup- porter in 1932, are resorting to every trick in their bag, in gees of administration leaders, to force & vote by means of @ discharge peti- tion. se 8 the farmers as well as putting into circulation billions of dollars of new in federal reserve notes, se- by first mortgages on farm Administration leaders in the house, discharge to be forced to a vote in the jouse, 216 signatures on the petition juired, Failure to obtain that thus far has prevented a session, or the people will know why,” Representative Lemke has declared. -| Threats to carry the issue to the country and to war on members of ” them, heard freely among supporters of house who have “knife “When a dancer's energy is spent, she can’t bank on tert balance” te “The Chase charge petition many Democrats and “every Republican of the Mississippi river” has signed. This, they observe, should provide food for thought for those eastern Republicans who, without studying closely the cross-currents at work within their party, look forward to @ harmoniously conservative na- tional convention in 1936, GY I never want to have a husband who smokes a pipe.—Mlle. Denise Le- boisellier, elected France's “queen” of smokers, ss ® Generally speaking, things are pret- ty mixed up right now, but I still have faith in the people and faith in our government. Finally, we'll get back on our feet—Senator Arthur Capper of Kansas. eee Quit? I should say not. The Ne- tional League isn’t going to call the game off—not after losing three all- star games in a row!—Ford Frick, president of the National League. * * # If I wished to follow the examples of other sovereigns and political lead- ers, I could easily be dictator of Ru- jmania. But the Rumanian people want neither autocracy nor tyranny. —King Carol Rumania, * * Ickes is my friend. Wallace is my friend. But the national forests could not be better handled in the Interior Department than in the Department of Agriculture—Former Governor Gifford Pinchot of Pennsylvania, *. * ‘This is my last season as a player. I can’t go on forever and I don’t want to stumble out.—Bill Terry, manager of er York Giants. = * Liberty is not at stake where the citizens are welcome guests at the seat of legislation and a free lobby maintains their Bill of Rights—Sen- ator Thomas - Schall of Minnesota. 2 * Strong language goes with the Stories in STAMPS By 1S. Klein Wwo-LAVERED BENEATH thriving: Damascus, : important city of Syrja, lies another Damascus that was prob- ably of much greater wealth and renown than the modern center. From about 1400 to ncient Damascus grew. and prospered, Aramean capital and buffer for the little and Phoenician kingdoms agi laught of the Assyria The stamp of Syria shown here Mustrates the modern It is téo great and city to be torn down for the satisfaction of histori but were this done, relic: gorgeous era would be uncovered, For the ancient royal city con- tained a luxuriant castle filled with sumptuous furniture, its walls and tombs inscribed, per- haps, with legends of a ‘glorious past. (@opyright. 1935, NEA Service, Inc.) brs RCK_TRIBUNK, SATURDAY, AUGUSY: Your Personal Health By William Brady, M. D. a wer questions ‘taining to health but not dis- ease or disgnosle, "Write Yetters briefly end in inks” Address Dr, Brady in care of The Tribune, All queries must be accompanied by i @ stamped, stif-addressed envelope. Ha ER ee QUESTIONS AND ANSWERS Our class is having a debate “Resolved that homework should be ¥ abolished”. Please give me sdme arguments from the health point of view. pioneer spirit—Ida Kruse McFarlane, . 8.) ; west | University of Denver. thah ever before in the. history the United States—Edward P. Mi rooney, chairman New York State Mquor apiece xe . Smallpox If the churches are to survive, it/mattet—nature’s that the Customer had cause of the common workers, Thé| until the pain ceased. church must take a part in the strug-|the bedy of polsons. gle between workingman and capital- Answer—Abeurd. ist—John Haynes Helmes, nature's way of ridding an excretory organ in health or in SUN-TANES| SEGIN ABRE TODAY thinking about money. Every eo] “I'd suspect that you and Baby JO DARIEN. Gaishing her Gret often 1 pinch myself aad say that|have a little feud on,” he said ai year ta college, teakas ber tather | it can’t fast; Out Mr. Mareb said |last. to out of work de huste © 906 | the other evening that ke may keep “You couldn't say it was a feud." Jo told him. “She's never quite FEfse fee 4 SEzETE te the tne, de taews that Bate | tt dislikes her. NOW GO ON WITH THB STORY CHAPTER XU Fg £8 tall ER? fil HH i Hit zee i i sEREi H I if Eig PLE is: Fy F : z ir 5 § if Fit i if EE ska kbad & { a if i aut -F ii ice iH r a i i ff Feige be more difficult than either fmagined, Jo. This Todd Barston—has he tried to make love to yout” “No. What makes you suspect he might have?” Jo laughed. wite would be with him?” “Well . . . 1 was told in cept for publicity purposes. probably just Hollywood “I really don't feel s ! ef ; rl L s : i Er i t Fy g } go up with him?” “Y-yes. | He mentioned it this morning. Marsh nodded. “That's the be sinning. t I ‘ i & i wi ; FE8F 3 sf i iH Hy i E E i t i é | aH i fi ij hi i Hi if E E z k i was to pay a salary. eee HE endorsed the check diately and sent it with to her mother. “I don’t wi to have the least Besitancy iit