Casper Daily Tribune Newspaper, September 24, 1923, Page 6

MONDAY, SEPTEMBER 24, T9z3. Che Casper Daily Cribune The Casper Da'ly Tribune issued every evening and 2 junday Morning Tribune every Sunday, at Casper, Wyoming. Publication offices: Tribune Bullding, oppo- site postoffice. Entered at Casper (Wyoming) postoffice as second class matter, November 22, 1916, Business Telephones _--—-. = Branch Telephone Exchange Connect! Departments, By J. E. HANWAY MEMBER THE ASSOCIATED fata ss The Associated Press is exclusively entit' use for publication of all news credited in this paper and also the local news published here!n. the Advertising Representatives Prudden, King & Prudden, 1720-23 Steger Bidg., rag cago, Ill., 286 Fifth Ave., New York City; Globe 3 s. Boston, Mass., Suite 404 Sharon Bldg., 65 rise ite > Ci Copies o! gomery St,, San Francisco, Cal. Cop ‘ Tribune are on file in the New York, Chicago, eee and San Francisco offices and visitors are welcome. Member of Audit Bureau of Circulation (A. B. ©: SUBSCRIPTION RATES By Carrter One Year, Datly and Sunday One Year, Sunday Only _-- 4.50 Six Months, Daily and Sunday one Three Months, Daily and Sunda: - ma One Month, Datly and Sunday - - Dee Per Copy .--_--.------------- One Year, Dally and Sunday — One Year, Sunday Only ---- Six Month, Daily and Sunday Three Months, Dally and Sunday One Month, Daily and Sunday --. Balfour's Forecasts i Those who are interested in the se rad American industry ge Sep anne jf000 ree in a recent article written bj y. l ie and published in Aner paper a iscusses at Jength industria s we United States and the outlook for Lehner competition with America. He eae ay there will be a fair internal trade in the ney States for eighteen months, after that a penis of depression for three or four years. Piet! predicts a very considerable modification © Fordney tariff after the next election. 4 ight onths from the present time woul “etc aaneet April 1925. Sir Arthur predicts that as the result of the elections of 1924 thers will be a modification of the Fordney_ Any The new congress which will be elected in 1924, will take office in 1925. Balfour's opinion is that the next congress will be Democratic and that by April, 1925, that congress will get in its cent ly work on the Fordney tariff law and that there will be, “a period of depression for three or four basil ible that a congress elected e impossible tha Ss in 1004 pe faking office in March, 1925, could repeal the Republican tariff law by April, the riod of eighteen months. Perhaps Sir Arthur} ad in mind the historical fact that American industry begins to decline with the assurance that adverse conditions are approaching, and that assurance would be given upon the election of a law-tariff congress. However, it is not worth while to discuss the question how soon a Democratic congress could make its influence felt. The important thing to keep in mind is that Sir Arthur makes practi- cally simultaneous the coming in of a Demo- cratic administration and the beginning of a per- iod of depression which, in his opinion would Jast three or four years. He is undoubtedly judg- ing the future by the past. We have seen on previous occasions that when a Democratic ad- ministration comes into power and enacts a Democratic tariff law we have, under normal conditions, a depression that Jnxts three or four years or until the people can reverse their action and restore an administration that believes in the principle of protection to American indus- try. "While it is easy to agree with Sir Arthur that a considerable modification of the Fordney tar- iff, would bring on “a period of depression for three or four years,” it is not easy to agree with him that such a modification is to take place. The American people can remember the effects of the Democratic tariff law of 1893. They can also remember that following the enactment of the Democratic tariff law of 1913 there was a tremendous depression in American industry with millions of men out of employment. They remember that the depression continued until September, 1914, when the war in Europe cut off imports and furnished us a new and unprece- dented market for our products. With these facts still firm in the memories of American voters there is no likelihood that in the next election they will again vote the Democratic party into wer. Sir Arthur is a successful British business man. Perhaps his wish that British goods may figure more in supplying the American market is to some extent the father to his thought that such will be the case. Our own judgment is t history will prove him a poor prophet of Amer- dean politics. Where Prosperous Trade Exists Within a decade our trade with the Latin ‘Americas has increased from 98,000,000 to $1,684,000,000 or one hundred and eleven per cent. During the fiscal year ended June 30, last, it was twenty-two per cent of our trade with all the world. In 1914 it was nineteen per cent of that trade. Properly fostered it could be devel- oped te account for one third of our foreign com- merce. It is now, d probably for fifty years hence will be, an ideal trade to encourage, for the bulk of our imports from these countries con- sists of raw materials to be worked up in Amer- ican mills by American labor, backed by Amer- ican enterprise. Also a considerable fraction ,of | the imports include bananas, coffee, cocoa, and| many other non-competing commodities. Our ex-| ports to these countries consist very largely of manufactured goods of all kinds, mills were operating last year. There are many factors present to explain the) desirability, yes, the necessity, of developing trade with the Latin Americas. First, our tariff policy, essential because of the low labor stand- ards and production costs of Europe and the Orient, which compete with us in manufactured goods, bears more lightly on the Latin Amer- icas than on other groups of countries, Cuba is the only Latin country which has voiced any decided opposition to the present tariff law be- cause of her specialization in sugar. But she re ceives a twenty per cent preferential in our mar- ket on this commodity whereby she is in a posi- tien to compete with any other foreign country. Second, the question of invisible exchange pre- sents no such problem in our relations with the Latin Americas as it does with other countries. Movements of capital to, and some tourist ex- penditure in, the Latin Americas are consider- able but they are conducive to still better trade relations and more friendly associations. Third, this is a trade unlikely to aronse the jealousy or ire of the participants. European and Oriental countries may watch its expansion with envious eyes, and they undoubtedly will propa gandize in the future as they have in the past to impair it. Apprised of that fact we must be on guard. But in general the trade of the United States and the Latin Americas is complementary rather than competitive, and such are the envir- onment and temperament and characteristics of the Latin Americans that it will be some gener- ations before industrial competition between the peoples of the northern and southern republics will show pressure. Let the internationalist wail of Europe. The perspivacious and practical American in for eign trade will focus his attention on Mexico and the lands pointed out by the Florida peninsula. Danger in Military Power ' Attorney General Daugherty’s opinion that the president has no power to use the army or navy to enforce prohibition laws, in the absence of special authorization by congress, merely re- cited that such is the law, without going into the reason of the law. The framers of the constitu- tion feared the possibility of military dictator- ship by the executive. They were so lately emerg- ed from a monarchial form of government and the experiment of a federation of little republics was so new that they were apprehensive that! some president might declare himself king, with | succession to the office to his heirs. Kings were| the fashion in those days, republics the excep-| tion. The constitution accordingly was made to} provide that no appropriation for an army could! be for a longer term than two years, so that} congress might legislate the army out of exist- ence, by refusing an appropriation, if there should be danger of the executive using the mil- itary forces to establish himself as a tyrant. It was further provided that rules for the govern- ment of land and naval forces should be made by congress. The president was made commander in chief of the army and navy, but as such was merely the first officer in both services. not to rule arbitrarily but to obey the law in those of- ficial ca There was dom in placing restraints upon the use of military power and there still is. With the power in the hands of the president to use army and navy or both to enforce whatever he might declare to be the law, he could make himself master over both congress and the courts with ease. If he could enforce prohibition -by such means, an unprincipled executive might use the same means to enforce what never was the law. We have seen quite recently in Italy and Spain what can be done with an army. Nebraska to Experiment Senator Norris of Nebraska has announced his intention to retire at the expiration of his term next March. He went to the senate as a Republican but developed marked progressive, if not at times radical tendencies, during his service at Washington. It is his announced purpose after leaving the senate to devote himself to reforming the legislative system of his state, which in common with other states of the union followed the nat- ional example and provided in its constitution for a general assembly consisting of a house and a senate. Senator Norris would change the legis- lative functions of Nebraska from two bodies, each operating as a check and balance on the other, to one body. That would be an interesting experiment indeed. State senates, as a rule, are more conservative than state houses. Hlected from districts instead of counties, they represent, in agricuultural states at least, the sentiment of small groups of counties. All the states, even Nebraska perhaps, could testify to the value of two branches of their legislative body. Many a bad bill gets through one branch only to meet deserved de- feat in the other. No public man, we imagine, would doubt that a single body for state legis! tion would increase radical rather than conser- vative power. That may be what Senator Norris wants. But that sword would have twe edges. A bad Jegigdature could puriesh.2 ctate terribly in one session. A study of the bills which pass one branch and die in the other in almost any state must make thinking men thankful for the wis- dom of the Fathers which followed the universal democratic idea of establishing checks on foolish legislation, including the executive veto. The Unlucky Two Spot Because it is unlucky the two dollar bill is about to be abolished. It is difficult to believe that a financier like Secretary Mellon is going to do this because there are people who consider it the bearer of ill luck to its possessor. There are such people, and not a few of them. is not to be denied, but surely their superstition is not worthy of consideration by the controller of the country’s finances, and to act on their ab- surd apprehensions of misfortune would be to glye too much importance to their opinions. In 1914 our imports from the Latin Americas} and by that term is meant the count of South and Central America, the West Indies, and Mex ico— 000,000 in value, while exports | to them reached $301,000,000. or a balance against us of $196,000,000: In 1922 we imported from them $679,000,000 worth of commodities and sold them 000,000 worth or a balance against us for the ir of $144,000,000, In the year ended June 80, 1 , imports from them came to $1,045,- 000,000, exports to them to #639,000,000, or a bal-| once against us of $406,000,000, These are un favornble trade balances, however, which we need not view with alarm, since the erude prod ucts which we import from the Latin Americas become manufactured goods sent ont to all the world to the extent that they nre not consumed in this country. Th shing incresse in im-| ports, 1923 over 1922, from these countries is al first rate indication of the capacity at which our There may be good and sufficient reasons for givi & up the two-dollar bill. It would not much be missed, if at all, and its abolition would be to carry on the tendency to simplify our eurrency that has been manifesting itself for many years, There is no more need of a two-dollar bill than for putting three or four dollars together on one piece of paper, and nobody would miss it if it went the way of the almost forgotten two-cent and three-cent coins, To banish it as “unlucky” is another matter, howe and Secretary Mellon no more should jrecognize such stupidity than he should share it—which of course he deosn’t Delusions of this sort are not merely amusing—they are distinctly and measurably harmful as the enemies of rea- son. Tt well may be unlucky to have a two. dollar bill, but the having of one never hurt anybody, and any denial of a tact so obvious is to he roprehended as disgraceful. Assessors to Meet KEMMERER—Ths Wyoming As- sociation of County Assessors will meet in Kemmerer on September 27, 28 and 29, and plans are being formulated by County Commis- sioner Andrew Morrow and Asses- Sor James P, Rosenberg for their entertainment during thelr stay in this locality. There are 28 county assessors in the state, and it is ex pected most of them will attend this convention. In addition, men promi nent in this section will address the gatherings and others will be guests of the association for the three days. Sessions will be held in the court room, city hall, with County As sessor Jay of Natrona county, pre siding. The first session will lv called to order at 10 o'clock Thurs day morning, when those in atten! ance will be registered and an nouncements will be made, At 4:30 o'clock all visiting assessors and thelr guests will be taken on an inspection trip down Kemmerer Number One mine, and will be per- mitted to view the spot where the recent explosion occurred. This will be a novel experience to most of them. At 8 o'clock Thursday morning the Ladies of Rebekah will serve o sumptuous banquet in,the Odd Fel lows hall. At this time it is plan- ned to have addresses made by Senator Clarence Gardner of Afton, by Hon. J. D. Noblitt of Coke- ville, and Hon. P. 3. Quealy of Kemmerer. In adition a represen tative of the Kemmerer Civic club will talk for a few minutes to the assessors assembled. It ts expected that Mayor Smith will give an ad- dress of welcome to the visitors. During Friday routine business will be the order of the day, with sessions being held in the court room. Weather permitting, the en tire group plan an inspection trip through Star Valley on Saturday after which they will return to their respective homes. Swine at State Fair GLENROCK—To make of Wyo: ming State Fair a true Livestocl Exposition wou!d make of Converse county the centralized stamping grounds of purebred breeders One department of the Itvestock show has already outstetfped all Previous anticipations of what was expected. Those who went through the swine department were sur. prised to note the great numbers of entries in four swine breeds, the high quality of this stock and the importance of breeders who were showing. The swine barn, the horse stalls and a tent outside were full to overflowing. There were prominent breeders from three states present. Poland Chinas lead in number of entries, Durocs sec ond and Hampshire third. In at! it was a great show. One of the very best which has ever been hela in the west. It seemed to demon. strate that Wyoming is becoming known as an important swine breeding territory and it is certain that Wyoming stock when driven into the ring could compete with the best. Numerous prizes were taken by Niobrara county Poland China breeders, Harris and Son of Wheatland, King Brothers of ‘Wheatland on thelr Berkshires, §. 9. Clmonson of Shawnee on Hamp. | Dr. L. L. Wade OSTEOPATHY Phone 1125R Over Frantz Shop shires; Che Casper Daily Cridune ee ——————— It Happened In W Matters and Things, of State-Wide Interest, Wired in, Telephoned in, Written, Grape-Vined and Some of It Purloined. : Perciyals Brothers of Hat Creek on Durocs and the Acme Poland Farm of Douglas which won most of the prizes on young stock shown. Casper buys three car loads of fat hogs weekly. Most of this is purchased more than 200 miles east- ward. Why not build up the swine ndustry at home and take advan- se of a market which is very good and getting much better each year? n doing this high quality of stock hould be considered. By helping nromote the swine department at he state fair we help get better tock into the country. ——. Send your automobile news to bark Plug."—Care Tribune. in Lhe Not kar Distant Future Appaisers at Work BASIN—Messrs. stituting the appraisers praising the land drainage districts of the Big Horn Basin. At this time they are work- ing on the Alamo district. It is hoped that they will have completed their report on the lands of the Cowley, Byron, North Bench, Alamo and Antelope districts by the first of October, and that the districts can then get the money they are to borrow from the state. Harvey Harris of Lowel, C. W. Irwin of Worland and Henry Lloyd of Cheyenne, con- for the State Fiscal Board, are here ap- Busy on the Farm BASIN—They threshed out at the Wm. Agee place near Bure lington the other day and the re- sult 1s 3,000 bushels of oats end 1,000 pf wheat. There is yet to be threshed about five hundred bushel of barley and when the corn is ; husked@ there will be about two thousand bushels of that. Then they have a little hay to go along with it. That explains what Bill has been doing this summer, when he came to town about once & month to get shaved. Then in addition to the above Mrs. Agee has raised about a thou- sand dollars worth of poultry, which indicates that she has kept up her end of the farm work. ——_——_ Wed in Park KEMMERER—County Clerk Geo. W. Tanner was called upon this week to send a marriage license to a couple who wished to be united in matrimony {n Yellowstone Na- tional park. The couple were Geo. Albert Larkin and Estelle Marie Wegner, who planned to be married on September 27th. The request for the marriage license was made by U. 8. Commissioner Meldrum. Inasmuch as Yellowstone Park ts not a part of any county, and is not a state within itself, a question arose as to the legality of a Lin- coln county marriage lUcense in Yellowstone. However, the license was issued, and the marriage will be _solemnized as per schedule. Growing Seed Peas CODY—Geerge Mecklenberg of Clarks fork reports a good crop of garden peas grown on several farms on the river this season as ai periment in producing seed peas. ‘The yield runs as high as 30 bushels to the acre and the price paid is $1.50 a bushel. The peas are of the garden varieties and are high- ly prized by seed houses as free from disease and true to type. By producing the seed in high altitudes they become acclimated for western seed and make very early varieties Mecklenberg is very over the prospects of producing profitable money crops by growing seed instead of feed. : * Coming and Going RIVERTON—Thos. Morris, of Arapahoe, met with an accident that proved to be rather painful last week. Just after leaving his ranch on his way to Riverton his horse shied badly. When Mr. Mor- ris put his weight on one etirrup to protect himseif the cinch broke and he, saddle and all went over- board. The result was a dislocated shoulder and four broken ribs. Mr. Morris is able to be about again, and desires to have the er- roneous impression that the aocc!- dent occurred when he was on his way home after being in town cor rected. He says that had he met friends in town, and had a similar accident on the way home, there would have been no injury what- ev but such was not the case. Building Materials We are equipped with the stock to supply your wants in high grade lumber and build- ers’ supplies. Rig timbers a specialty. yoming || KEITH LUMBER CO. ‘Westbound No. 603_-~---. under various|} Bastbound— ST a es ea TRAIN SCHEDULES Qhicago, Burlington & Quincy Arrives 8:10 >. m ~- 17:00 a. m eeon---—-10.25 D. mM. TIMES have changed since the Bard of Avon put his famous query, “What's in a name?” day the most successful merchant was flint. His name meant nothing. You with your eyes open and your fingers crossed. haggled and you bargained. And if you were especially astute ,perhaps you retained your eye teeth. In Shakespeare’s the biggest skin- entered his shop You Modern business ideals and modern advertising have wrought the change. Today, the biggest asset of any successful business is a good name built up through fair dealing, fair policies and a good product. Advertising creates reputation. Makers of advertised products and the merchants who sell these products fre- quently value the names at millions of dollars. cannot afford to jeopardize the worth of these nam selling anything but good merchandise of full me and fair price. They es by asure A merchant or manufacturer does not dare fo advertise wares that will not give service. He has his good name to protect. Bank on this. Advertised goods must be as advertised. That's why it pays you to deal with advertisers and to buy advertised goods. ‘Advertising is Your Protection. Read It!