Casper Daily Tribune Newspaper, October 12, 1921, Page 2

PAGE TWO Che Casper Daily Cribune fmsued every evening except Sunday at Casper, Natrona County, Wyo, Publication Offices. Tribune Building. ————— BUSINESS TELEPHONES . Branch Telephone Exchange Connecting All Departments Entered at Casper, (Wyoming) Postotlies os second class 22, 1916. MEMBER THE ASSOCIATED PRESS ee . President and Editor Advertising Kepresentatives Prudder, King & Prudden, 1720-23 Steger Bidg.. Chicago, 286 Fifth avenue, New York City; Globe Bidg., Bos- Cuppies of the Daily Tribune are on file in are welcome. babes Three Months . One Month Per Copy One Year . Bix Mouths Vhree Months . : : No subscription by mail accepted for less period than three months. Ail ptions must be paid in advance and the Daily une will not ingure delivery after subscrip- tion becomes one month in afrears. Member of Audit Bureau of Circul#tion (A." B. ©) Member of the Associated Press The Associated Press is exclusively entitled to tre use for publication of all news credited in this paper and also the local news published herein. Kick if You Don’t Get Your Tribune. Call 15 or 16 any time between 6:30 and 8 o'clock p. m, ff you fail to receive your Tribune. A paper will be de livered to you by special messenger. Make it your duty to let*The Tribune know when your carrier misses you. a> . THE SENTIMENT IS WRONG. The sordid unsentimental statement—that women are bad because they want to be—knocks the under- pinning out from under the theories of many a chiv- alrous knight, reared in either the cavalier school or brought up in the straight laced environment of Puri- tarlism. Both regarded woman not lower but higher than the angels. Both offered profound homage. The one a little more showy and effusive,’the other an un- demonstrative and rather silent and modest worship. Neither accepted the idea that woman could be bad. Neither would have it so. To them all things centered about woman. She was protected from all the rough and uncouth things of life. . She was carefully guard- ed from all dangers. Slander and light words con- cerning her were not heard. Men fought for her purity and good name. The ideals have held for long years. They _ still exist. But they are in strange contrast with what you see and hear in most quarters today where foreign elements have been introduced into our population. ‘These have had a wide influence in shaping the status of woman, not only among themselves but to a degree among the older and more setyled naturalized popu- lation. Wherever you find in the country the old American stock descended from the original colonists the same for woman still holds. These sections ffrage. They fought outh, New England, ania i Ohio and other states peopled by the . « stock, | These te the dast to. s ie; a7 res ass render, because, right or wrong y held that franchise and participation in public affairs; chea ened their women. = ‘Women today do not occupy the sheltered position they once did. They are taking their chances with men in the battle of life to greater extent as time goes on. The home is no longer their exclusive realm; ‘They are so much in the public that we have grown familiar and careless of them. In many of the con- tests they have proved unequal and have gone down morally. That is why you hear the unfeeling wretch say of them—they are bad because they want to be. We cannot subscribe to such sentiment. _No wom- an wants to be bad, or ever wanted to be bad. It ‘was never her choice. It may have been her weak- ness but never her design. If she ever became bad it was most likely through the perfidy of man when she placed her trust in him. Somehow the old style appeals. It was beautiful. It may be changing, doubtless is. But there was a satisfaction in placing woman upon a pedestal and de- fying anyone to take her down. a NO LONGER NEGLECTED. Government statistics seldom produce a thrill but at times a perusal of certain departmental figures bring a whole lot of satisfaction and pride. The ex- sefvice man should know that in June, July and Au- gust the government paid the veterans $88,004,866.20. Of that total about $28,000,000 was for insuranc: $33,000,000 on account of compensation, and $2 000,000 for training allowances. The veterans’ bu- reau mails 166,000 insurance checks each month, 655 checks of a total value of $317,000 going out of the office each day. There are 207,000 compensation. checks mailed every month, or an average of 8,294 checks totaling $892,000 each day. It should be ap- parent to every one that the soldiers are no longer be- ing neglected. PE SER Sr WISDOM AND JUSTICE. “The elections of 1912,” asserts the National Re- publican, “were carried by D ‘i= leadership on e principal platform and c pledges: “First, to reduce the cost of government. “Second, to reduce the cost of living. “Third, to ‘pulverize the plutocrats’ ard ‘paralyze the profiteers’ through tariff, financial and anti- monopoly legislation which would ‘hit’ the ‘corpora- tions’ and ‘rich’ and help the ‘common peopte.’ “In 1916 Democratic leadership was retained in power through a reaffirmation of these Pledges, with the additional promise to keep the country out of war. “The record of Democratic performance now lies alongside these specific pledges. It is a part of the recent experience of every citizen of the United States. “Passing strange it is that in view of that record Democrats in congress, under the appropriate leader- ship of Senator Heflin of Alabama, are crying out that if the policies they put into operation during their eight years’ control of government are reversed, we will once more have high taxes, high cost of liv- ing, profiteering and favoritism for ‘the corporations and the rich,’ just as we used to before these states- men gave us the new freedom. “The eight years of Democratic control which suc- ceeded the ineuguration of President Wilson were made memorable by increases in the cost of govern- ment, of federal taxes and of the cost of living which made the figures at which the Democratic orators and editors inveighed in the preceding Republican period, seem pitiably insignificant. “During that eight years more money was spent by the federal government, more profiteering was done both upon the government and the people, more huge fortunes were suddenly made, than in all the preeed- ing century and a» third of American history, And all this without an actual increase in the productivity of the Am an people. For instance, the railway mileage built since 1912 is co small as to be hardly | ductive industry has the expansion heen more than.in- fictitious significant. There has been a sort of A pros- perity during a part of this period, but it has been the prosperity of speculation and exploitation, not the Prosperity which legitimately follows the building of transportation lines, the opening of mines, the build- ing of industrial plants and more extensive and in- tensivs agriculture. “Has the Democratic tariff system, the Democratic taxing system, the Democratic financial system, made conditions in this country better for the every day citizen? It is true that demagogue arguments were made for all these measures, and they were plausible enough, but what of the results? Perhaps the real purpose was to hit productive industry and swat ‘the rich and the corporations,’ but who is actually being hurt? Perhaps it was really thought that taxes on productive enterprise amounting to confiscation in my instances, would take the burdens of govern- ment from the backs of the- masses and would con- tribute to their prosperity, but what good does this do to the millions out of work in this country, with the tariff, taxing and financial legislation of the Demo. cratic era still in full force and effect, now that pro- ductive industry has been halted through fear of alien commercial invasion and domestic political attack? -“This word. of warning to Republican leadership. The people of this country judged Democratic lead-' ership last’ November not on the basis of its profes- sions, or even of its possible intentions, but on the actual visible results. of its performances. All the demagogue arguments in the world may be ‘success- fully marshalled for or against a given legislative measure, yet the basis of public decision will not be the oratory or the editorials that may be uttered for or against any measure, but the effect upon the pub- lic welfare a year hence, two years hence, three years hence. Ifa given program will put the wheels of in- dustry*moving once more in this country, and thus give profitable employment to the people; if a given program will contribute to the restoration, of nor- malcy in the country, with a more reasonable rela- tionship between private income and the cost of liv- ing, then public favor will be bestowed upon the party and leadership developing such\a program. “On the other hand, no matter how many dema- gogue arguments may be made at the moment for or aguinst any measure, no matter how much pretense there may be of a desire to hamstring ‘the rich’ and benefit ‘the poor,’ if the actual result of the adopti or rejection of given measures is to increase popular discontent rather than to decrease it through an im- provement of conditions, then nothing can save either the party in power or the country from the serious consequences that, followed the substitution of dema- gogy for statesmanship under the last adm ration and will always punish the political opportunism which leaves out of account the fundamentals of justice and common sense.” ° Pe SE aE) WHAT BECOMES OF GOLD. One.of the curiosities of the. golden flood which has poured in upon the people ofthe United States since the beginning of the war is the addition of over $300,- 000,000 worth of gold manufactures to their already large stock of personal effects of this character. The additions made to the already existfng stocks of material manufactured from the precious metal have been exceptionally large during and since th vi In pre-war years we were accustomed to util- ¢ from 25 to 80 million dollars’ worth a year of ew gold” in manufactures and arts. The term “new gold” represents the sum actually added to tke existing stock of gold manufactures and is exclusive of the large quantities of old material turned in at the assay offices ‘and there transformed into condi tion in which the metal could be re-utilized for similar lines of work. + mA Most of the gold used by the manufacturers of the countty is présumably putchased direct from the as- say offices and the mints, and the reports of thé di- rector of the mint show that these purchases prior to the war averaged about $35,000,000 a year of “new and $8,000,000 a year of “‘old material.” In 1916, when ‘our imports of gold jumped to practi- cally $600,000,000 and the earnings of the people were also greatly increased, the sales of “new gold” by the assay offices and mints jumped to $41,000,000 re of “old material” practically 6, terial” $20,000,000; and in 1920 the “new gold” sold exceeded $60,000,000 in value, while the total for 1921 will approximate $40,000,000. The additions of “new gold” since the beginning of the war have a; gregated over $300,000,000 and brought the grand total of governmental’ sules of “new gold” for indus- trial purposes since 1880 up to approximately a bi lion dollars, Most of this was transformed into man- ufactures for use of the people of the United States, as the value of exports of gold manufactures is com- paratively small, seldom reaching a million dollars a year. In other parts of the world the normal consump- tion of gold for industrial purposes is also large. Studies of this subject made by the United States mint bureau in the years immediately preceding the War indicated that the world’s industrial consumption of gold had aggregated about two billion dollars in the short period 1890-1910, of which about 20 per cent was used in the: United States. In the occidental world alone the total consumed for manufacturing purposes was about 1% billion dollars in the 20-year period and an estimate for the Orient, chiefly India, brings the total world consumption in the 20-year pe- riod up to fully $2,000,000,000. While much of the gold entering“India disappears and is reported as “buried,” the Indian government states officially that the. uncoined gold imported into India may be consid eved as to be used for ornaments and manufactures, and the Statesman’s Year-Book of 1921.in recording the heavy gold imports of India remarks that “gold is used chiefly in the form of ornaments.” These figures, which indicate a world consumption of fully $2,000,0C6,000 worth of gold for industrial purposes. in the short period 1890-1910—an average of about $100,000,600 per annum—throw, adds the bank’s statement, an interesting side light up that much discussed question of “what becomes of the gold?” World statisticians estimate the total outturn of gold in the world since the discovery of America at slightly more than $18,000,000,000, while the an- nual studies of the United States mint bureau regard- ing gold monetary stocks in all the countries of the world have never disclosed the existence of more than 84% billion dollars as the grand total of gold monetary ‘stock visible in all parts of the world for which rec- ords can be had. With a record of over $18,000,000,- 000 of gold produced and less than $9,000,000,000 known to exist in monetary form or as a basis for currency, it is quite apparent that the share of world gold utilized’for other than monetary purposes is larger than usually supposed. The known quantities used for manufacturing in the 20-year period, 1890- 1910, were slightly more than $2,000,000,000 while the world production in that 20-year period was slightly less than $6,000,000,000, suggesting that per- ps8 as much as one-third of the world’s gold out- turn ts now being used for industrial purposes, Probably three-fourths of the gold used in the United States for “manufactures and arts” is utilized for jewelry, watches, etc, Experts estimate that the quantity supplied to the dental trade averages about $4,000,000 a year, of which, however, a considerable percentage is returned by them in the form of gold obtained from ‘old -work,” while recently. published eztimates of the yellow metal used in the menufacture of gold leaf puts the average at about $1,000,000 year, The mere remelting of old, unused and some- times forgotten Jewelry during the war added more than $100,600,000 of gold to the world’s stock avail- worth mentioning, and in few lines of permansnt pro- able for mongtary purposes, ~ “ 4 AMERICA MUST FORGET DEBTS, SAYS OUTLOOK Editorial ijn London Journal Declares .World Trade Can Not Revive Until Debts Are Paid. LONDON, Oct. 12—(By The Associ ated Pres: Vhy America Must ‘orgive Her Debtors,” is the subject of an editorial in the last issues of the Outlook, which contends that world trade cannot revive until the interre- lated international debts “which are pressing all countries” are wiped out. The Outlook advances this formula for submission to America as the Brit- ish viewpoint: “We do not ask you gentlémen to cancel the billion odd we owe you out of generosity or idealism, out of recog- nition that we did more fighting than you dtd, or because we lent most of the money involved to other nations, who canr.ot pay it back to us. In fact, we do not ask you to cancel the debt at all.” “We merely state our opinion ihat you will cancel !t, not out of generosi- ty or out of ddealism, but out of. sheer self-interest. ‘The only question ts: “When will you do so? You must cancel it, for until you do your indus- tries willbe crippled, your trade will be at a standstill and your people will be out of work. Ye make no suggestion beyond ex- pressing the opinion that the sooner ‘ou loc’ into the situation and do what you will heve to do before Jong in any event, the setter it will be for you and for u: —»>_——_ REVOLVING LOAN FUND IN EFFEGT AT STATE UNIVERSITY, LARAMIE LARAMIE, Wyo., Oct. 12-—A re- volving loan fund, the idea ®f one of the university students has been es ‘tablished at the University of | ming to assist students who have sufficient funds to meet expenses. The base of the fund is a $1 membership tee from students who become mermi- bers of the student loan fund associa- tion. Provision {s also made for the use of donations from other i Loans of from $25 to $100 will be made to students, interest being charged after twelve months. i atclade bs tater cee WEATHER'1S IDEAL FOR BEET HARVEST, END NEAR}; WORLAND, Wyo., Oct. 12—Contin- uation of the ideat-weather which has prevailed for the last two weeks will witness the completion of the beet harvest in this region by October 20, according to factory advices. Unusual progress has been made. the body from which radiates | our’ vitality, strenuosity, fighting strength. A healthy stomach turns the food we eat|é into nourishment for.the blood stream and the nerves. Dr. Pierce’s Golden Medical Disco ery refreshes: and tones up the stomach walls eae Fenores the poisonous gases m the system. The first day you Gari totes this reliable medicine, impure germs and accumulations begin to separate dn the blood and are then expelled through the liver, bowels and kidneys. G - Pierce’s Golden Medical Discovery to-day from any medicine dealer in liquid or tablet form; it is a powerful blood purifier and tonic, Put your body into healthy activity. Send 10c to Dr. Pierce’s In- valids’ Hotel in Buffalo, N. Y., ‘sr a trial package of Golden Medical Discovery tablets, S2OS6LOS0200O009800000000 COMING In Eight Reels ‘POWDER RIVER’ PLOCLLHPLO SDL HLO0LCOSOOO¢0 Porte crrerrepreerenener Cold Storage for Dead Automo- biles $5.00 PER MONTH SEE BEN TRANSFER COMPANY Stanley Overbaugh, Prop, Phone 74 AARAADARARARARLER The H.E.GR CORPORATION Offers the public 20,000 shares of its stock at $1.00 per share. This stock pays. 12 per cent dividends per annum; besides creating a surplus. nually. Dividends payable semi-an- This CORPORATION is managed by ex- perienced and conservative men, the direc- tors being H. E. Grude, A. E. Stirrett and J. W. Bingenheimer, all well known business s men of Casper. Thecompany doesa gen- eral investment business besides owning and operating apartment buildings, building homes on payment plan, etc. We feel that this. dividend paying stock should be quickly sold, as the company is sound financially, and ably managed and dividends should be larger as the company gets older. People desiring stock in this company will be given ninety days to com- plete the purchase by paying down twenty- five per cent as initial payment. Tenants of the. apartments owned by the H. E. Grude Corporation will have five days preference right to purchase this stock. After October 16, 1921, this preference right ceases to exist. ie H. E. Grude Corporation 108 South Center street Phone 381