Casper Daily Tribune Newspaper, January 16, 1922, Page 2

atestook , H i J b awe PAGE TWO Che Casper Dailp Cribune insusd every s County, Wyo, Pu’ BUSINESS TELEPH Branch Telephone Ex estees-15 and 1 All Departmests jce as second clast | MEMBER THE ASSOCIATED PRESS Present and Editor Business Manager Associated Elitar J. & HANWAT .... BaRL E HANWAY . W. & HUNTLEY .. R. B. EVANS .. THOMAS DAILY Advertising Representatives : | = 4 20-23 Steger Bidg., Chicago, go Bled . , Globe Bidg., Box ton, Mass. | } DP: w York, Chicagy an are welcom ee SUBSCRIPTION RATES By Carrier One Year .. Siz Mouths Three Months No subscription by three months. ian ’ dvance and the ‘Al be paid in adi f-- Phrd Member of Audit Buresu of Circulation (A. B. oo of the Associated Press Press ms exclusively entitled to se ure for t credited in this paper and also the ed herein. Kick if You Don't Get Your ‘Tri ail 15 u n 6 d livered to you by let The Tribune know when ¥ a Tay $< SAY THE WORD, JOHN! The Democrats of I oln nty are to hold a ses- n tomorrow eveni be devoted to two purposes, t to eat pie, second to pass resolutions urging John P. Kendrick to be a candidate for United States s tor, against his will. This makes about three. fa ings of the same char r to be held in the state for the same purpose. There is doubt about John B becoming a candidate to succeed himself, in spite of the fact that his newspaper says “he may not.” The only doubt about the whole thing how many ban- quets must be held and how much pie deyourer, be-| fore Jonn B. will deliver the message that will bring] joy to the heart of Democrac af Re HIS IDEA OF SECURITIES. In a recent interview Henry Ford declared that his bank balance was in the neighborhood of $140,000,000 and that he had no doubt his assets could be capital- ized and sold for a bi'lion dollars. He had previous- ut the information that his income and ex- tax last year was $76,000,000. Conclud- statement he said All the money that) goes into new industries. I neyer invest| money in bonds or 2 ing of the kind.” In view of some pub comments Mr. Ford had pre- viously made on the subject of the rights, of bond- holders it may be worth while to take more than a passing glance at his quoted remark. Mr. Ford is by ve talent and training a man of| mech 1 skill, and of rare ability in the organiz-| ‘ng of productive industry. He not only knows how} a pieco of machinery should be constructed in order to get the best results out of the least material but how to produce that machinery at the lowest cost. He slso knows how to put that machine on the market to the best advantage. He not only has capital but he has the ability to use that. capital better than anyone elae could use it for him. But Mr. Ford makes a grievous mistake when he assumes that others should or can do as he has done. There is many a man of mechanical skill who can con- ceive a new idea in machinery but who has not the business ability to get together cnough capita] to fi- nance production. There are also men of earning! power as wage earners who have no business ability which would enable them to make by, themselves prof-| itable use of their savings. Our.present complex in-| dustrial organization is made up very largely by bring- ing together the men of skill in production and the men of accumulated savings. The man with five or ten thousand dollary of sav- ings to invest cannot go into the business of produc- ing automobiles, or sewing machines, or typewriters, | cr phonographs; but if enough of these small capi-| talists put their money together under the manage-| ment of some man skilled in production they can put into practical operation an industrial enterprise which will not only earn a profit for the manager but a profit for those numerous smali capitalis whose | vings are thus employed. Wi is combina- tion of the capital of one class of people and the skill| of another, both the capital and skill would remain| idle. These capitalists must, of course, have some evidence of their interest in the business and that evi-| dence is recognized by stocks or bonds. | Because he has capital enough of his own to be the| sole owner of his establishment and to have no bonded | indebtedness, Mr. Ford recently declared that bonds} were a commercial evil and should be thrown away.| Under that theory of business organization the saver of small amounts of money would be denied the op-| portunity to use that capital in useful production.| Moreover under Mr, Ford's theory the man who has skill in production but no capital would also be denied | the opportunity to become a useful producer on an| extensive scale | Mr. Ford’s latest dec’ ments, practically rep the same subject. ——--—-0 IMPORTATION OF PHOTOGRAPHIC FILM. Back in 1911 the United States imported 11,725,-| 660 linear feet of motion picture film. During 1921] imports were not far short of 200,000,000 linear feet. This tremendous increase is due to the growth in the import of what is known as raw film, that is, “sensi-| tized but not exposed film.” ‘The other classes are| positives—the finished film ready for projection—and negatives, the exposed film from which the projection positive is made. Both of them are known as ex-| posed film. This exposed film averages about one- tenth of our imports and competes with the motion- pictute industry. The raw film imports compete w the domestic production of photographic good ports of exposed film lest year were abo what they were in 1914, when 20,000,000 came in, a goodly share of which was undoubted). 5d Propaganda purposes during the first year of Tr, More than four-fifths of raw film and two-thirds of ee are imported into the United States Paes Gee countries, — namely: Belgi nee, Germany, Italy and the United Kingdom tially from one to two million feet ‘ec f rebier tha ities z t come fro feat of raw Alm from Bees? mported 8,666,000 Belgium ny armagedes Belgium. During the war the| ni Ty was wreck but last year we im- ported from that country 0 r ut 40,000,000 fe. About 50 per cent of our flor’ 1000) fest ven 0 cess profit: comes to me th ration regarding his invest- tes former statements on ed or-| ra ports now come ‘JAaverdstng Managet| v oe | cer whose crackers they nibbled. They were not with- | cut a certain shrewd wit in the big matters they ha- our exposed fibu. About one-sixth of o1r raw film from Germany in 1914, and last ~ear imports that film from Germany exceeded 82,000,000 feet. reported that the Ge n raw film industry was disturbed by the war and is now in a very strong sition. " American producers of film have recent encountered great diffienities in marketing their product in Ger- sny and France, where high duty rates have impeded the sales. ‘The pending Republican “ariff carries a) y of 20 per cent on “films sensitized but not ex- posed or developed,” while the prepared film carrie: a duty of 30 per cent. It is believed that the rates ll sufficiently protect the domestic industry. Raw film under the present law—the Underwood law—is itted"free of duty. All exposed film is subject to e censorship of the secretary of the treasury. SCRAMBLING STATE FINANCES. The source from which to get the actual facts with reference to the operation of the non-partisan league in North Dakota is the North Dakota newspapers. They tell the truth about it And it was not only the truth about it but the experience with it that brought the people of North Dakota to theit senses and moved them to recall the non-partisan league state officials end to repudiate the whole impossible scheme. If the people of other states desire to have their public af- fairs mussed up and tangle’ up until no man knows bead and tail of things let them follow the example of North Dakota. They must, however, be willing to accept a r financia! loss and to be cheerful about starting all over agai As an example of the crimes against fiscal affairs the following taken from the Fargo (N. D.) Forum of ary 7, is recommended for perusal by those con- jation with the league: “Actual cond in the Bank ef North Dakota st coming light. Some inkling of the true ate of affairs is given by the first reports of the new manager, but the full truth will not be known until the complete report of the Bishop Brissman company is published. This firm of auditors is now at work on the books, but meanwhile the new management is fol- ng the old system of reports with the exception it is not attempting to conceal the facts but is nitting them to come to light. The facts are proving to be exactly what The Fo- rum has represented them for months past. In fact The Forum's statement of them appears quite con- servative. “For example, this month’s statement admits that $1,500,000 of the bank's funds are in closed banks in the form of loans and redeposits. The Forum esti-/ nated the amount in closed banks at about $1,400,000, but the former management of the Bank of North Da- kota never would admit in its reports that one dollar was so tied up. It carried these items at their face value, and ignored them in figuring ‘profits.’ “The bank also faces an item of approximately $140,000 in discounts and commissions on bonds which must be amortized, and which cannot be collected in full for at least 30 years. “The losses that will be sustained on real estate loans are still unknown but by far the greater num- Ler of these Joans are now in arrears and the loss may easily run into hundreds of thousands of dollars. e absurd manner in which the ‘individual de- posits’ item was padded is shown by the fact that it has shrunk from more than $500,000 to less than 5,000. The old management was carrying various items under this heading in order to make it appear thet the bank was getting a great number of individ- ual accoun The guaranty fund was one of these items. “Tho condition of the bank might be summed up in the statement that state, county, school, township and village funds to the amount of about $7,000,000 have been tied up in rea] estate loans, advances to state institutions such as the mill and the homebuild- ers’ department, and in loans and redeposits in banks. The state institutions have about $1,650,000 and the bunks about $4,000,000 all told, of which $1,590,000 is in bankrupt banks. The rest of the public money is in real estate loans and in correspondent banks. “The problem before the new management is to get back the money advanced to state institutions through the sale of bonds; to work out the real estate loans with the smallest possible loss; and to secure the money tied up in bankrupt banks or take steps to make it good. ‘Is is going to be a long process and ultimately the ayers will have to foot a very substantial bill which can be charged up to experience. What the bill would have been if the old administration had been permitted to run hog wild for another two years, no- body can even guess.” tcmplating assoc po MAKING IT EASIER.! Heretofore all income tax payers have been com- pelled to spend a lot of time making out their income reports, In the large cities it has often been the case that a long line of citizens would wait for an oppor- tunity to get the assistance of a government expert in making out their returns. Those with large in- comes derived from various sources will still have ome difficulty but about 80 per cent of the people— those with incomes of $5,000 or less—will find their work much expedited by the simplified form of return that has been adopted by Secretary of the Treasury Mellon. rhe THE CRACKER-BARRELERS, “In the Iamented good old days,” remarks the Brockton Times, “every corner grocery had its grou, of cracker barrel politicians who devoted their time o discussing national and international politics. Home concerns troubled them not at all, but they were al- ways mighty sharp with the ‘gover’m’nt.’ As a rule their wives were overworked, their children shabby, Their houses needed attention and their gardens needed weeding. They were honest in their way, though they generally owed the butcher, and the gro- rangued about, but they never gave any constructive service to the home town. Their opinions never got them or the world any further along. The poor farm herded them in at last. The trouble with this coun- try today is that we have become a nation of cracker. barrelers. We are so busy talking about Europe and Jupan and the arms conference and telling the gov- ernment what to do that we haven't any time for our concerns or the encouragement of local prosper. we are not getting ourselves or the world much r along. Intelligent opinion on outside affairs, y expressed when it can be effective, is an ex- nt thing. But after all, it isin the same order- ing of our own affairs that most of us can best pro- mote our own and the common good.” See ae es 1 Hays will abandon the work of conducting the sreatest enterprise of the government to become the head of a great business enterprise. - Sooner or later the movies capture the stars, 0 The efforts of the Wilson administration, Henry Ford and the entire Democratic party to humiliate and besmirch Truman H. Newberry has come to} f naught. He will remain a member of the senate as ho) has a proper right to do. = One heey Word comes trom Paris that champagne is a drug on the market, If it fs of any interest to our French s exceedingly dry spot where cham.| nore highly regarded, ew the sagebrush, to conclude that an additional “a,” inserted in the first syllable of the word “astronomer,” would render said term more sug. gestive of the mentality of some of turn their eyes heayenward, occasion- ally—a practice to which some of us were not, perhaps, very strongly ad-|erial masters. It 1s not improbable Gisted in’ the past. that some among them might even So, returning from the aforesaid} Wish to substitute @ few of those brightness of the thousands of astral Ths rather fanciful outlines of the unct. High in the southeast appear- ed that finest constellation in Che Casper Dally Cribune Sagebrush Astronomy A. O'DINOGHUE Elkhorn Raneb, Wyo—A social gathering was held one night recent- ly at a well known ranch house up here in Gooseberry creek, at which there was a big attendance, tnclud- tng hun a. riety—petty brawls, personal encoun- i ; ters, or battles with beasts. ‘These reflections gave birt hto what idea—per! H ter spectes huddled together in a cer- tain apartment, while the more sen sible folks tripped the light fantastic in another building. Talk being the chief social asset of those composing our little group, we made the most of the océasion, and amid the smoke and fumes of tobacco, diecussed a number of more or less interesting subjects, including Bol- shevism, the latest in stills, the neigh- bors’ wives and such subjects as gen- tlemen naturally would discuss. Fi- nally—what do you think, gentle read- er (if you read this at all)? The con- versation turned to astronomy. Facts, and as all know that none of us knew anything about sald science, each felt safe in handing out almost any kind of a@ line of astronomical talk, with- out inviting contradiction by the other. But, it {s extremely doubtful wheth- er the astronomical lore displayed by any of our little coterie could much further transcend the bounds of com- mon sense, than some of that to which a m% fe tim: would it be so utterly incom- patible with the spirit of the times to rename, at least, a few of these celestial bodies, or stellar groups, aft- er certain modern heves—men of real fiesh and blood—men whose achievements are so colossal as to true, would be the feat of Perseus in rescuing his Andromeda from Cetus, compared with that of President Wil-}on an anti-tobacco platform. son or Pershing in reseulng-France| Lovely Lucy! Knew her well, many from the monster of Prussia? As to] years ago, in Chicago. Imaging her the potential change of nomenclature,| fair name, so to speak, perpetuated let us assume @ few instances. What] (no, sir, not “perpetrated”) in a fine Napoleon or Wellington would] heavens! No Venus-like scandals would Sirius or Jupiter make! Or, ‘et usjever bestmfrch her name. fancy the name of Foch or Jof-e re-|is sufficient guarantee against any- a mére or less credulous gt deal thing lke that. been treated, by certain reputed ai Coming to old Mars—possibly we Our OC. BVO Te ec eae the cognomens of any of the great ‘gencrals"-—— eens fo guch @ Goluge of! soldiers or statesmen of the entente.| But space precludes any further ae orate Go tancitel--oe to| for mstance, be accepiable to all na-| wssesttans, and I) must 'feeg. thtee Sete eet ahaen,| tions? ‘That is the rub. We must ad | 2s6!es. mit that those heroes and divinities of the ancient world have become automatically neutral, or interna tional, so to speak, through their an tiquity. Consequently, as such they are accepted by most modern nations It ts unlikely that the names of Foch Joffre, Pershing or Haig would be popular tn the Teutonic states, not withstanding the fact that these mod ern Titans were indirectly the deliv erers of those people from thelr im placing that of the fabulous Orion. ders and farmers, those scientific gentlemen. However, this outpouring of aw tronomical sensationalism did noth- ing more, it caused lots of people to mythological names for some of those of their own heroes. Quite Ikely; and it would ba the quintessence of fancy to imagine the entente nations taking kindly, for instance. to the cognc mens of Hindénburg or Ludendor supplanting those of Castor and Pol lux, On the other hand, perhaps. not a few, in Britain and France, would consider it highly appropriate to su persede the appellation of the ancient sea monster Cetus, by that of Von eavens, the glorious Orion, Majea-4 Titpits, the alleged arch spirit tn tho tically the giant stood facing Tau-|*Ubmarine hellishn: rus, brandishing his club in his right] But regardless | of international hand, and with the other holding up| Prejudices, or the impracticability of the lion's skin, the bull with his one| °"¥ league of nations agreeing on the vicious, red eve (Aldebaran), appare| modernization of celestial nomencla tntly about to charge down upon Him,fture, We must not, for an instant. for- As epaulettes, on his shouldera gleam:| Sct the fact that we ore living at an ed Betelgueze and Belatrix, the for-| Ae Of fifa 0a pe neke eater tee mer sald to be so immensely greater, elatan/: vote unparalie) einge and so immeasurably more distant,|{¢ boyhood’ days of Adam. There: than our sun es to baffle comprehen: | ome 18 {t-FPt the acme of unholy if party, the writer did a little star-gaz- ing along the way. It was some time past midnight. The weather was ex. ceedingly mild for the season of the year. No moon was in a perfectly cloudless sky, thus enhancing the Ughts glearning in the azure dome. constellations seemed unusually dis- From bolt goods and see what you are getting. We then: will make it up as it should be made. Frank Canner ston. Like (treo huge sapphires ap-| Consistency that most of the major peated that trio of finely, matched) Mminariés, in the, stellar and’ planet. ee ia Wa while the three | s¥stems, shold be suffered to bear the names of old pagan divini- ties and un-Christian heroes (yes, and some “heroes” who were not a bit better than they ought to be) in these smaller ones constituting his sword; and even the triangle of minute bodies marking his head, were exceedingly distinct. & wealth of food for meditation and| (PM SC es days and month ite 15, Daly Bldg. suggestion. Take, for instance, old Rigel, that splendid star in his left foot. If some lady only had such an ornament on her slipper! Yes, and that other fine star in the nelghbor- hood of his right knee—wouldn’t some fair dame Ikie to have-a similar gem in the buckle of—— (no further, old- timer)! Close behind Orion came his ever- faithful dog, Canis Major, ready to assist his master in the combat. Truly a noble brute, with imperial Sirius, be- yond comparison the grandest of all the stars, shining in his muzzle. Still closer to the meridian, and not far from the Hyades, blazed the Pleaides, and yet near the celestial pole, those two great stars, Vega and Capella. Far away in the northern heavens stood that ever-recognizable skymark, Ursa Major, or Dipper, while over- head, mysterious and awe-inspiring. streamed the Milky Way. Reflection on the grandeur and mysteries of the universe finally re- called, among other things, the fact that practically all of the more con- spicuous stellar groups, and individ- ual bodies, including those in our own system, are identified by the names x of mythical personages, beasts, and monsters of 6 legendary past. For, it must be remembered that these bi- zarre names were conferred upon them by the Egyptian, Chaldean, Greek and Roman astronomers—some of them before the days of Abraham. Few of these appellations have any meaning for the modern world, Now the writer is not one of those unenviable few whe have no rever- ence for things ancient. Far from it, Indeed. But, as everybody knows. those pre-historic heroes, gods, demi- gods and goddesses never did, and never could exist. However, saying for argument’s sake that some such Rollicking old Bacchus has been drummed and hymned out of our. happy, ‘ forgetting about ——— eS Phone 11913 VIA THE — Burlington —the pleasant way totravel Now, is the time to go. Start right—take the Burlington; enjoy both . the trip and the service. Burlington G. C. SCOTT Depot Ticket Agent Route We Would Be Very Glad | To Figure oad Dr, King’s New Di breaks have in mind. If you have an idea what 5 Bd i Sp. cough releved sal yen lee: |f you would like but don’t know exactly what j H At your druggists, 60c. Dr. King’s Por Colds oon Peeoa. it will take in material, come in and give us yourideas. We will figure the bill of mate- rial and the cost. O. L.Walker Lumber Co. Phone 240 At all 5c, PROMPT! WON'T GRIPE Tr. King’s Pilis’ (8 eeetrcereomna ere ; ; : H i i : Sy eget expoenre, | On any building or improvement you might 3 H i West Railroad Avenue Hil Men’s Department Sale is now on and will be continued as long as the merchandise lasts. You had better-come early for some of these bargains while there is a good assortment of ev- erything advertised. CLOTHIN Weare selling Men's and Boys’ Suits and Overccats cheaper than pre-war prices. Some of the Suits that we formerly sold at $95.00 are now a. - P4500 ROW senna DADO $75.00 are TOW ore ecmce es emmnrmnnet tomer $65.00 are $50.00 are ROW P20 0OO OW cnn PAOD NOW cere B 20O $30.00 are Overcoats, Machina ws and Leather Vests Marked down from'25 to 50 per cent. A good chance to buy one for next winter and save money op them. 20 Per Cent Discount On Men’s and Boys’ Shirts, Underwear, Sweaters, Hats and Caps. Trunks, Suitcases and Traveling Bags All reduced from 10 to 20 per cent for our Annual January Clearance Sale. Blankets, Comforts and Pillows All reduced from 10 to 20 per cent for our Janu- ary Sale. This is a good chance to lay in a supply of Bedding for next winter. EXTRA SPECIAL 5c¢ Each or 6 for 25c Richards & Cunningham Co. “Think Richards & Cunningham Co. When You Want the Best.” CLEARANCE A Lot of Odd Styles of Collars Going at \