The Bismarck Tribune Newspaper, November 9, 1937, Page 6

An inéependent Newspaper THE STATE’S OLDEST NEWSPAPER (Established 1873) State, City and County Official Newspaper Published dally except Sunday by The Bismarck Tribune Company, Bis- marek, N. D., and entered at the postoffice at Bismarck as second class mail matter. : Mrs, Stella 1, Mann President and Treasurer Kenneth W. Simons Secretary and Editor Archie O. Vieo Pres. and Gen'L Manager Subscription Rates Payable in Advance Cansds, per year .. outside of North Dakota, per year... Member of Audit Bureau of Circulation Member of the Associated Press fated Press i» exclusively entitled to the use for republica- to It or not otherwise credited in thie Rewspaper and also the local ni ‘of spontaneous origin published herein. All rights of republication of all P matter herein are also reserved. Retreat from the Dollar Europe, which has seven billion dollars invested in Amer- dca, has begun to take its money home. The stock market falls fas a result and there is much concern. But despite the wails of Wall Street it is a good thing. If Europeans liquidate their investments here and take ALL their money back to their own countries it will be still better. Amer- fca for Americans still is a good slogan. And once Europeans have reduced their investments here this nation should make it harder—much harder—for them to again purchase American securities. When we are so heavily involved with Europe financially we are subject to pressures and complications which we could easily get along without. Meantime, we might look at the means which brought that seven billion dollars into the American security market. AND STOP THAT, TOO. Foreign investments here have been heavy because of our gold-buying program. We have most of the world’s gold and are buying more. We have so much we have to “sterilize” 4t so it will not affect business and finance adversely, then bury it in a hole in the ground in Kentucky. Buying all that gold followed out a theory which has done America no good and which may cause tremendous losses. We might as well stop it and get back to fiscal sanity. That doesn’t mean we must go back to old ideas about the gold standard. The English are smart about money. They have had more experience than we—and they know all of the tricks. We can learn from them. England has a free gold mar- ket. The “precious metal” is a commodity there and finds its own level of value. We could—and should—do the same thing. It was the sale of all that gold in this country which gave European nations such tremendous credits here. They invested the money in the stock market. Now, for reasons not entirely clear, there is a mass movement to cash in. They have a right to do it whenever they want to do so and it was only to be expected that they would pick a rather embarrassing moment. Foreign investors don’t need to worry about this country. They have more vital troubles nearer home. Withdrawal of ALL that European money would seriously affect the stock market, but it wouldn’t halt American busi- ness and industry. They would be better off in the end. And once foreigners sell their investments in American industry, this government should take steps to KEEP them out. With the world on edge, the POWER represented by those investments is too dangerous. Seven billion dollars can do a lot of things. They might even get us into the war, which now is brewing, so that we may pull Britain’s chestnuts out of the fire,’ It may be a little difficult for those who do not follow such matters to see the connection, But it is there. And the only remedy now available to us is to stop the foolish and wasteful buying of gold which we don’t need and for which we have no use. Effective Justice George and William Duvalier will be hanged soon by British justice in the Bahama islands for the murder of a salt worker during rioting on the Island of Inaugua. i ‘The evidence showed they pursued their victim, one of them cutting off his line of retreat and the other shooting him down. The defense was that the victim had a pistol. It was all routine and much the same as in an American court except for one thing. That was the action of the jury in convicting the men after 20 minutes of deliberation. Nearly everyone agrees that America needs better’ admin- istration of justice. This example also may show that it needs _ better juries. Maybe the job ought to be turned over to women, gen- erally less idealistic than men and more practical. A jury com- posed largely of women convicted Anna Marie Hahn, modern Borgia, and failed to recommend clemency. That means death —unless lawyers, aided by chicken-hearted men, find a loop- hole in the law. ek : It is doubtful if a jury composed wholly of men would have convicted Mrs. Hahn of first-degree murder. She is rather good-looking. And all men are susceptible—at least a little. We Need Them Announcement by Postmaster Christ Bertsch that inspec- tors are examining the ‘local: situation to see if more mail car- riers should not be added to the force will be cheering news to both mail carriers now on the job and patrons of the postal service, : _Information reaching The Tribune may not be wholly un- biased but the claim that Bismarck mail routes average longer than those in any other city is at least worthy of attention. Also, it seems reasonable to assume that additional help is needed in view of the growth of the city and failure of the postal department to make commensurate expansion of its service in the past. - Bismarck’s pleasure in getting back to its regular postal service in the remodeled and enlarged building goes without saying. It is a creditable addition to the city and gives North The Bismarck Tribune|!z.. \them add, not through Wall Street. nd Scenes Washington By bite ade$ DUTCHER it) Correspondent . 9.—Anyone who We has an idea how to start a building White 5 A secret call for suggestions re- cently went out to all spots in the federal set-up which have been in any way concerned with housing. Numer- aus confidential reports have been lor are being prepared. Experts in one agency were told by a superior to submit all ideas they had, whether the ideas seemed sound or not. Behind the president’s sudden ac- tive interest is a rather wide spread belief among his advisers that before Jong the country may need a build- ing boom or an armament program in order to give a fillip to business ard employment. Few prefer the armament method. A secondary factor is the high cost of living. Rents are rising and al- though this ordinarily would cause & spurt in dwelling construction, no sich effect is in sight because build- ing costs also have risen sharply. Rents threaten to add even greater burdens to the HCL because there’s a huge nasong) housing shortege. High Costs Block Housing - The administration wants to stress home building, rather than construc- tion of productive plants, which it seems to think would increase tech- nological unemployment and perhaps Beodice only for non-existent mar- ts. Secretary Ickes has cited figures indicating that 5,500,000 new dwell- ings are “needed.” Other estimates say 750,000 new homes a year are needed for replacement. Only 282,000 were built last year and the number for this year will be little if any higher, Subdued mumbling over high, in- flexible building material costs and high, inflexible building labor costs 4s audible again here in high places, with emphasis on the former. Raw material prices have declined while building material prices based thereon have gone up. Suggestions as to what can be done about building costs are usually vague. There are proposals to cut the Fed- eral Housing administration’s inter- est rate by one per cent and to raise its mortgage limit from 80 to 90 per cent. Many authorities consider these to be doubtful expedients, * *e * Would Lure Investors Another proposal being carefully considered is to exempt from the cap- ital gains tax who would in- vest their otherwise taxable gains in housing. An obviously desirable method of stimulating a boom ‘is to attract cap- ital into limited dividend housing corporations and the most realistic thinkers are trying to figure how. Primary obstacle is the fact that peo- ple with money to invest appear to be speculative-minded rather than investment-minded. ‘The human animal shows a marked preference for profits of from 10 to 100 per cent when offered a safe, low return, long-time investment in housing. Authorities here say that complete safety in limited dividend housing requires a dividend limit of fering rents based on that rate are always sure to be occupied, whereas a rate of say, six per cent, presents the risk of vacancies in any time of depression. . ** * Need Capital Outlet So the problem appears to be one of getting the investing public and responsible promoters interested in putting billions of dollars into this four to six per cent market and leav- ing them lie. 5 Administration advisers agree with President Gay of the New York Stock Exchange that “what the country needs is capital outlet.” But most of Tavestment in housing is the best out- let, they think, not only from the standpoint of the national welfare but that of the individual investor who lately has been shown that it is still possible to lose his shirt in the ; BIT OF HUMOR NOW AND THEN 18 RELISHED BY THE BEST OF MEN “Are you the defendant?” asked the prosecuting attorney of the old Negro who had taken the stand. “Naw, sah, boss, not me.” “Then who are you?” “Tee the gen’l'man what stole de chickens.” ‘Census Man—How old are you, ma- dam? Madam—I'm 35. Census Man—Oh, anybody might easily sey you were’ five years younger. Madam—Oh, I've already done that. Tenderfoot (distractedly): I’ve told you to away from here, Cub. Now see wi you've ‘knocked down my camp cook book and lost the page, and I haven’t any idea what I am —<—_—_____—__—_ SOTHEY SAY | If we are ever called upon again to strike against General Motors, we will Dakota’s capital's federal structure in keeping with the im- | bortance of Bismarck and the volume of federal business trans- A Des Moines women, November strawberries, - Mothers aren't telling thelr youngsters tlleg fighting eives the whole nelghbortiood a black eye.” needa * * In our country and in ‘these days of economic and social transition there Charles University. vt *. For self defense in our own count we-mothers who boom will kindly forward same to tie House. about 4 per cent, since dwellings of-| prod THE BISMARCK TRIBUNE, TUESDAY, NOVEMBER 9, 1937 Who's the Queen Bee? eoccccrores cocccccce. A NEW NOTE IS STRUCK No better indication of the temper of this administration is available than the tone of the publicity that flows from the Democratic national committee and in which Mr. Roosevelt has always taken a keen personal in- terest and has had more than a little to do with shaping. After the collapse of the court- packing effort and the adjournment of congress, the propaganda slowed down a good deal. For some weeks it was actually non-existent. Recently some prodding appears to have been done and a fresh stream is pouring forth, But it is different both in qual- ity and character. In place of the smug, patronizing flavor of the early luct, it is now in a somewhat plaintive and distinctly defensive key. Gone is the assumption of invin- cible virtue and ineffable wisdom. Those who disagree are no longer humorously treated as impotent and ignorant people who ought to know better but do not really matter, In- Stead, these official administration and offering execuses before any ac- cusation has been made, thus recalling the ancient proverb that “The guilty flee when no man pursueth.” The tri- umphant note is no more sounded. Instead, the once truculent propa- gandists have begun to whimper pathetically. They bleat like sick sheep. One eminent Washington cor- respondent, Mr. James L. Wright, of 1Coat of arms of —, Alt pictured here. “Tet country 46 To devour. " 47 Tiny 28Membranous ,_ Veselable. s- 48 Seasoning. 29 To scatter. 31 Musical note. 51 Company. 32 Power of 53 To apportion. monkey. 60 This country’s capital. 61 Important ind i lustry in this country. ia ad 2 iol vol ORT? Qa ae The Great Game of POLITICS Copyright 1937, by The Baltimere Sen trast, describes it as an exhibition of @ “large and: very sore toe.” It is a significant change. For ex- ample, there is the effort to vaccinate the extra session. It is lamented that if the president's measures are sup- ported, inevitably congress will be Genounced as full of rubber stamps, By FRANK R. KENT the Buffalo News, noticing the con-) of the “party purge” idea the publicity becomes very foggy, indeed. The net of what it seems to say is that while naturally the president would prefer to see his friends rather than his foes Your Personal Health By William Brady, M. D. 1) answer questi pertain!: jt Write lotlote briefly cad invisk, “Address Dev Brody jes must be accompanied by « Formerly three vitamins were recognized Then vitamin B was found to represent more xperimental and 80 badly that it is difficult to decide servations made by research workers. with a daily ration of some fish liver oll D such as cream, butter, egg yolk, you are for these two vitamins occur together in all of these sources. foods are known to be good sources of vitamin A yet contain little of any vitamin D, For instance these items are the ric! vitamin A: Spinach (raw or canned) Carrots ‘Cheese (American, Parmesan, cream) Lye) lettuce, green leaves of head lettuce iver ‘Tomato (raw or canned) Peas (raw or canned) Prunes Milk, drie@ milk, canned milk, condensed milk, evaporated milk String beans Bananas Eeg Yolk Butter So little actual evidence of the importance of vitamin A in tion is available (free from the question of the effect of vitamin D) that I am skeptical of the existence of vitamin A. I’believe vitamin D is that helps to build or maintain immunity against respiratory infect: children and adults, and not vitamin A. People who have more than ordinary difficulty in night dri by the headlamps of approaching cars, will be number of cases recently reported, an optimal daily ration: of vit seemed to bring considerable relief, so that some drivers who cause, have found it poasible to drive at night and to see clearly enough safety in spite of headlight glare. The “vitamin A” was given in the form fish liver oll. Of course that contains more vitamin D than vita: 5 Aykroyd in his book on Vitamin (Heinemann, London, 1983) says he has given. Newfoundland fishermen, victims of night blindness, a single tablespoonful Se ae ye cue Sina ne ont ie cree mae, e808, to see cn tis it. NS Good Dector Want to thank you for Dr——. He gave recommending tion treatment for hemorrhoids with most satisfactory results. "| and able doctor. (Mrs. G. L.) Answer—That's what I thought. Cataract I am twenty years old. Health sound, np deformity. ‘one eye; cataract on other eye having been removed. If I marry can I ex- pect to have children with normal eyesight? (P, J. B.) Mine You should not marry. Congenital cataract is directly Sods Is it safe to take a teaspoonful of soda in half a glass of water twice each Gast” nat, Me Sees Of ON soca? I noticed it in a reduction diet. ‘Answer—Not advisable. Probably included in the diet as scenery. If you wish to reduce without risking health, send ten cents coin and stamped envelop bearing your address, for booklet “Design for Dwindling.” Hyperacidity OMe ee ee ee ee ee "” Answer—Gend ten cents coin and stamped envelope bearing your ad- dreas, for booklet “Victuals and Vite.” (Copyright 1937, John F. Dille Co.) it will be contended by the wicked| ger. ‘Take it as a whole, this latent spurt propaganda department is a opposition that the president’s influ- ence is that he has been vanishing, thwarted in his effort to get dicta-| of the torial power and that the Democratic party is on the verge of a ruinous split. As it happens, all these dreadful things were said during the last ses- sion by practically every independent. EINIAl 6It wasa 2 Bilisiclaieie males] Ui R TIVE PIAIPIE|F 14 Sinturies 28°: Friolels MAIL ule SIMSIEIRIE newspaper and commentator in the country—and with considerable evi- dence to sustain their truth. It is easy to understand that the White House winced under these com- ments, but it is » little ridiculous to spokesmen are presenting their alibis | the the attitude of the president toward the Democratic senators who opposed him in the last seasion. Senator Guf- eae who advocated in a speech that expressing the administration’s views '|_National Insignia | HORIZONTAL Answer to Previous Pussie 15 Age. 19 Sun ged. 20 Court. 22 It hasbeen a “since VERTICAL | 1 Credit. 2 Hourly. 4 To. dose. 5 Prepdsition. TNative to Ireland. 8 To conctive. 9 Behold. 10 Wrath. 11 Buffoon. 12 t Norse "BARRY WENTWORTH, Jill's ‘WENTWORTH, Jill's VIA SUTTON, off heiress, fentworth assumes that man! CHAPTER VI "HEN .a girl falls in love, the in this afternoon, ugh Jill’s own clever matter of fact, it appears somewhat to} the committee publict ity had “gone justify the rather caustic comment of| Shirley Temple.” After that it: be- one of the new Brain Trusters, aes mgBut Paty," gl excaimad, hing you = Not? ken Legere “Don's let’s tale about leaving subdued, pegdestit iin ; a ; bireas i Fibebey FRE. “ iy ERE Ff 5 é te Ht iy | a ie if fis irk Fis fy [ Fa if if il se SE ial 3 i 3 B il ii i r] FE HE En gE EB i i i Hi i val yi ary bad i i i Eg i Tf; fi F ‘ i a f z Fed de BH [fi will Bel ¢ ie ini | iat ie #3 Rog a it I if i ! | i i fi I | L t i g ef Is i inte if