Casper Daily Tribune Newspaper, December 4, 1922, Page 6

PAGE SIX. = Cbe Casper Dailp Cribune ing charges in fundamentals, in laws and meth Tas 7 tr t Sunday at Cusper, Natrons r . c ceaty. Wyo, Pultication Ottices Tribune Building. of existing government, and social conditions under — = it, with no program of corrective or constructive MEMBER THE ASSOCIATED PRESS subetitation.. i sociated Press is exclusively entitled to £88 4 radical of the old school was of real use. He} jon of all news credited in paper He bi ht about te Member of the Associated Press. EPHONES Entered at Casper ees 15 and i6 Exchange Connecting All Depactments SS ———————— TivyomiAg), Postetfice as second class) roots over night but doés not provide for the trans- kept things from going stale. through compromise with conservatism, real and healthy advancement, which is the natural mode./ The modern radical wants a tearing up of the merter, November 32, 1936. planting and tending. i W. BARTON ........ President and Editor) Glance backward at the record and you find} among the useful and important things radicalism | Advertising Representatives. never took a part It never clea’ a farm of New York City; Sharon Bidg.. 55 jaco, Cal Cipies of the @ in the New York sco offices and visiters New Mont are welcome. Daily Chicago, Boston 1720-23 Steger Bidg., Chicago rocks or stumps. never planned or constructed a Globe Bide. railroad, mever launched a merchant fleet, never} opened or operated mines for production of use-} fyl metals, never developed" latent water pwer, never erated a new industry, never provided em = plorment for labor, never successfully operated a SUBSCRIPTION RATES factory, never established a dependable banking By Carrier or By Mall 39.00, STHtem, never built a city or added to its beauty. | and Sunday advance and the very after subscrip Member of Avdit Bureau of Cireuiation (A. B. ©.) Dor't Get Your Tribune. 30 and § o'clock p. m ~ Kick if You steve will be de inses you { oie . | The Casper Tribune’s Program Hon profect west of Casper to be authorize? leted at once. slete and scientific zoning wystem for the Casper. A compreh asive municipal and school recreation neluding swimming pools for the chit ‘asper. Completion of the establishec Scenic Route boule 2s planned by the county commissioners to Gar gen Creek Falls and return. Better roads for Natrona county and more high- ways for Wyoming. More equitable freight rates for shippe-s of the y Mountain region, and more frequent train serv: for Casper. Hot and Cold FEW YEARS ago we were engaged in a fren- ** zied campaign to prevent mergers of railroads, or to dissolve mergers already effected, but now we are trying to force roads into mergers against} their will. i Some large meat packing concerns are talking | of merging and there is vehement protest. Per- haps in a few years we shall be trying to force them to merge, so that they can operate more eco- nomically and so that their operations can be the | better scrutinized to prevent inproper dealings. | Undoubtedly we would get far better transporta- tion service if some of the roads were united under managements that could handle a shipment from [ the beginning of its journey from the Atlantic to tie Vacifie or from the Canadian border to the gulf. A let of costly delay and bookkeeping could [ be eliminated. Harriman had the vision of a transcontinental + line untler one ownership, but he fonnd few to ap- prove the idea Now we know that Harriman was right. If a farmer had to hire his crops hauled from his farm to town, he would prefer to have the whole trip made by one teamster rather than have the load transferred from one contractor to an- other midway of the trip. Application of a little common sense to regula- tion of business would help a whole lot. en Their Troubles Not Ours NOW that Senator Borah has informed our dis- “*" tinguished French visitor just how America feels about it, and enumerated a few of the things America did to win the war, and while on the sub- ject, also called the Tiger’s attention to many of the things France, Britain and the rest have done to place Europe in her present plight we may con- sider the first two rounds a stand off. The senator is abosolutely right in blaming the Versailles treaty for the major woes from which Europe is suffering. That document represents so much of human selfishness and so little of justice and humanity that its terms will always be pro- ductive of inharmony among the nations charged with their attempted enforcement. There is a limit to things nations and peoples can or will undertake to perform. The Versailles treaty in all conscience exceeds this limit. There are just three things that matter with Europe to the matter of fact American mind, and they are represented in these admonitions: Revise and liber the Versailles trea fighting and yammering about everything work, If anyone is to straighten out the old wreck it must be done by someone on that side of the pond, America is not going to do it. For an innocent by. stander, we have had quite enough to satisfy us. wt Profits By Co-operation HE GOVERNMENT received as oil royalties in August the sum of $778,378.11 resulting from leases on government lands in the west. $388,819.46 is credited to Wyoming, $334,751.40 to California and $34,807.25 to Montana. The government’s royulties vary from 21% to 33 1-8 per cent according to the rate of production Under this system the government is a sure winner. If the well drilled is a dry hole the government loses nothing. If it produces oil the government } gets its proportion. fj Private industry co-operating with the ment is the ideal way of developing natural jources in a free country. govern- the nation’s ‘An Irritating Force ADICALISM by which the world has come to understand the meaning is distructive and not ; constructive. In no sense can it be construed as } & progressive movement in politics o1 i UAS more particularly applied im polit: se\ never endowed a great school or university. and Sunday 4.50 It has wrecked many of these things. It is time ny and Sunday +28\to make a new definition. Radicalism has grown ‘93, away from its old meaning. It bas outtraveled its former significance. The future hope if there is is in the conservative radicals. The red rad j s are all for destruction. _— ° False Hopes PRE LONDON TIMES publishes a letter from its Washington correspondent containing this ment | Dispatches from various points of Europe, and notably from France, seem to err in too sanguine an expectation of the results to follow the Demo gains in the field of foreign affairs.” and attention is called to the increase in the number of radical members.” Jt must be encouraging to those who aided in so materially decreasing the Re publican majority in congress to know that they were carrying out the wishes of England, France, and “various points of Europe.” This fact is to be remembered; if Europe could write the policies of this country they would include cancelation. no ship subsidy, and the repeal of protection Enrove’s expectations become sangnine whenever the Democratic party strengthens its hold on the American government. eh Surplus Defined | i IS NOT strange that many people should be unfamiliar with corporation finance in which! the term “surplus” is used in a technical sense.| In the case of a corporation it does not mean cash on hand or an excess of any kind of assets over its} needs, but simply an excess over the sum of obli- gations and capital stock outstanding. The “sur-| shown in a corporation's statement may be| y is, all invested in buildings, machin- ery, and necessary working capital. In the opera |tion of the busine: it is indistinguishable from |that part of the capital represented by capital | stock. An individaul in an unincorporated business | does not have surplus in the same technical sense; |nor does a partnership, because they have no out-| standing stock. They do not ordinarily make the] distinction between “capital,” “surplus” and “un-| divided profits” that is done in corporation book- keeping, although accretions to the original cap- ital in such cases may be treated in the same way. When it comes to taxation, individual proprie tors and members of partnerships pay the regular | personal income taxes upon that portion of the} profits of the business which belongs to them,| whether they withdraw any part of it from the business or not, and titat is ail the tuxes paid upon those profits. The profits are counted as income to the proprietors once, and that is all. Pe OR GTS OU Pod 2g } sta j Steady Increase AX INCREASE in exports of $59,000,000 or 19 per +4 cent October over September, gives litfle en- couragement to opponents of the new protective tariff law, who repeatedly assured the public that the law would cut off our export trade with the world. In September, before the new law was passed, we exported $315,000,000 worth of commod- ities while in October their value was $372,000,000. The fact is the new tariff has stabilized commerce. American producers now know where they stand and they can plan accordingly, without fear of hay- ing their domestic market invaded to such an ex- tent that they will be undermined in their business at home while they are building up their commer- cial markets abroad. When the figures on imports are published it will probably be found that foreign countries are still enjoying a fair share of the American market. | It may even be found that imports are greater} than they were in the preceding month under the | low duties of the Democratic law, due mainly to the fact that the general prosperity which is now manifesting itself in the country has resulted in greater purchasing power. But the imported goods will pay higher rates of duty which will increase | the receipts of the treasu and the tariff will! prevent foreigners from cutting prices to such an| extent that they can drive Americans out of busi- ness and then mark up prices because of monop- | olized business. Altogether, thus far the protective ltariff law is living up to the optimistic predic | tions made for it while it was under debate. the time 1924 rolls around it will be discovered that it has Justified itself and vindicated the Re- publican party. ey Mortmain | S PREDICTED the opponents of ship subsidy offer government owneship as a substittfte. Ship | subsidy calls for $30,000,000 annually which will op- | | erate the bulk of the merchant marine at efficiency | under private control. That sum is to be raised | from the tariff duties. At present, with the gov- ernment operating 2,250,000 tons, the annual loss is $50,000,000, and no provision for maintenance | and repair, the sum being taken directly out of the | | treasury. Government ownership and operation of | any productive industry is mortmain in its literal opplication. Every nation that has tried it has re-| \ gretted it; every nation that his made it general | has gone to pieces. 0 Keep It Closed |[[HE STATE department has ordreed the sale of | the lease of the American consulate at | Newcastle England. A few months ago the | consulate was closed because the British govern- | ment objected to the activity of the consul and his! assistant in obtaining cargoes for American ves-| sels. A thorough investigation by the state depart- | ment disclosed no ground for the’ protest, but there | has been no move to assign new American repre- sentatives to the post. The order to sell the lease |indicates that the consulate is to be closed pre- |manently. British trade circles at Newcastle are jsaid to be much concerned over the matter, but they have only their own government to blame for the situation By i Che Casper Daily Cribune ercment it represents a force that demands sxeep-| Mickey (Himself) McGuire. Fontaine Fox "Ween, RT a Nite ape Het cy a 7, of * , wi ese was S a, st we ~ yer ne ot Io se GLAD Fozzie —Fino THE ONLY ONE IN THE GUYNCH SKATES ARE BIG ENOUGH To ae -~ @ Fit Mickey M¢Guire. - Be. oO ° Generosity and Selfishness “For four years Great Britain had been moving ceaselessly by indirec- tion to bring about a general cancel- lation of inter-ally debts, meanwhile failing to enter into any arrangement that looked to the payment of elther principal , cat and at last con- gress cale@ By law for action,” writes Garet Ga in Saturday Evening Post. “Thereupon Lord Balfour, acting secretary of foreign affairs, addressed to Great Britain's European allies, ail of them America’s debtors, a note on the subject of the debts. In this note. he said that for the good of mankin. and .to mitigate the economic e from which the world is sufferin; government of Great Brit of performing an act of aralleled. generosity. That would be to cance! forgive, utterly wipe out all the war debts owing to it by its allies, and also to forgo any share whatever in the German indemnity, to the one colossal aggregate sum of 3,400 mil- lion pounds. But, alas, {t was im- possible for the government of Great Britain to obey this impulse. Why? Because the American government would not enter into the British go ernment’s spirit of generosity; be- cause the American government would not forgive about a quarter of this sum, say 850 milllon pounds, ow- ing to it from the government of Great Britain. “And while, “to generous minds it can never be agreeable, although for reasons of state it may perhaps be necessary, to regard the monetary aspect of this great event as a thing apart, to be torn from its historical setting and treated as no more than ordinary commercial dealing between traders who borrow and capitalists who /lend,” nevertheless, the British government, because the Americans insisted on being paid, was distasti fully and regretfully constrained to call upon France, Italy and the oth ers to pay on their war debts to the British treasury at least enough to enable the British treasury to pay in fuli its debt to the United States. “Thus Mr. Balfour in his letter subtly though fairly definitely accused the American people of tearing the war debts apart from their historical setting in order to treat them in the selfish, ungenerous spirit of traders. “In the first place, when Great Britain says she is willing to forgive war debts of £3.400,000,000—say $17. 000,000.000—while the United States ls unwilling to forgive only about @ quarter of that sum, say, £850,000.000 —$4,250,000,000—the arithmetic ig mis ding. “In that sum of $17,000,000,900 nf war debts due to Great Britain, which she would forgive, is included $7,250,- 000,000 of German indemnity, which Is now admitted to be uncollectable “The American government has no claim upon German tndemnities, It does not participate. Thus the figure Oats Ready Before the coffee Quick Quaker Oats Cook in 3 to 5 minutes Quaker Oats now comes in two styles, the Quick and the regular. Quick Quaker, perfected by our experts, is the quickest cooking oats in the world. It cooks to perfection in 3 to 5 minutes. Both have the flavor which has made Quaker Oats supremé. Both are flaked from queen grains only— just the rich, plump, flavory oats. We get but ten pounds from a bushel. But in Quick Quaker the oats are cut before flaking. They are rolled very thin and partly cooked. So the flakes are smaller and thinner—that is all. And the small thin flakes cook quickly. Take your choice. If you want the Quick Quaker look for “Quick” on the label, 4 in thought *|have to forgive everybody. F THEY’p AT WHOSE. 4 x of Great Britain's generosity 1s swelled | |with a clatm against Germany for, $ 6,000,000 In contrast with which lke American. government has no forgiven, for the specific reason that | reader it never made one and left the allies New York Herald. ever they could get from Germany. upon Germany, the actual amount of, brace. del On the other hand, in| OUt hope? .000,000. the event of an all-around cancella-' th's. United States wouid have to forgive would be —$10,506,000,000, for, of coursé, we would not forgive Great Britain $4,250.000,000 collect from all our other debtors. We should he begins at page art cancellation, Great Britain} ;aitroad time table. woult'both forgive and be forgiven,/¢or instance, from Whereas the United States could on!y york. fore! Great Britain would: forgive same time be forgiven $ The case would then be: lfinger down Great Britain forgives.$ 9,750,000,000 ‘mommer! ‘eat Britain ts forgiven 4,250,000,00) Net British sacriffee.._ 5,500,000,090 The United States would forgive and sacrifice ) - 10,500,000,000 “Thus we, the traders, would | $5,000,000,000 more than Great Br! tain.” eer See the Smoke House Window for Christmas _suggedtions. 12-2-3t HSI. Te LETCHA HAVE wr Skates Gur How to Read a Novel “Novels usually are read in two) such ciaiin to be either enforced or ways, depending upon the sex of the/ writes Baron Ireland in the “A woman opens free to take for themselves first what-/a novel at the last page to see if the author has perhaps discovered a new “If we deduct Great Britain's claim! Way of describing the fade-out em- Of course the author never she is willing to forgive becomes! has, but what is novel reading with- “Your male reader, however, prides tion of war debts, the afhount the! Himself upon a self-control superior to He ts just as curious about the Anal kiss as his feminine prototype, but under pretence of preferring to see how the author develops his story one |straight through to the end. “Neither method is correct weover, in the event of an all 'guould be read the same w You are going, Boston to New But finding your leaving and arriving times is uninteresting. $9,750,000,000 owing to her and at the intriguing part of the business is dir- 0,000,000 covering the towns that lie between ted States.’ the terminal points. You slide your} the column and— did you know this train ae AW BUY AN AT THE FOR HER CHRISTMAS ORIENTAL RUG CHAMBERLIN FURNITURE CO. KHOURY BROS. Most Reasonable Prices—All Colors and Sizes. re GO HAND IN HAND 7+ Pure Food and Good Taste While visiting the Pure Food Show and thinking of good taste, please implant it in your mind that to insure that your Christ- mast gifts are in perfect good taste you should this season make your selections at The Kimball Drug Stores “Christmas Gifts that are Different.” ther down you find Now, how the dickens did eet in on a Boston-New York trip? Well, well! rn Arthur tock Claire into the first time the fogs sus) melted ior the last tme in the slow of perfect love. These two are your terminal pointsa—the Boston and New York of the story. “Turn now to chapter nine or ten, or the Westerly stat'on of your novel. it says that just as Mr. Gregory finished his usual breakfast of rolls and coffee und with a sigh of satis mation that {t was late as John hurried to his appointment at the Antiers Cafe. John? Who's John? Mr. Gregory, John, Ethel, Claire, Arthur; how are these people to be brought into a continuous story? Toston. Westerly. New Haven, New York: how did they get on the same route? “ou are now primed for your actual trip. Half the joy of the jour- ney is checking off the stations on the tme-table as you pass them. So you settle down with your novel and your cigar or your cigar«tte, depend- ing upon your sex, and plunge in again at page one, this tine to read straight through. “That is the true technic of novel readin, SWEENEY AND DAUGHERTY, INC. oe hot end grim. ‘atch Hell simmering— Watch! Watch! nor ever close your Has added still another feature Quietness E. J. GROW, Resident Salesman 147 West J—Phone 2031-J ANNOUNCING staple supplies. will convince you. 628 East Yellowstone Ave. W. A. Lester, Prop. Don't Ask Dad-- He Doesn't Know- What he wants for Christ- mas, You can’t get the men folks to tell you what sort of presents they’d want, but just the same— You can tickle them pink > with the Right Ones! Some helpful ideas about things men really want are listed under “Gifts for Him” in the “Christmas Gift Suggestions” _columns in today’s ified Section. The opening of the L. & L. Grocery Monday morning, December 4, with a complete line of groceries and We can save the Casper families 20 cents on every dollar in the grocery line. Just give us a trial and we L. & L. GROCERY Phone 2231