Casper Daily Tribune Newspaper, October 30, 1923, Page 6

PAGE SIX. Che Casper Daily Cribune —_——$_ $$$ ———————————————— ‘The Casper Daily Tribune issued every evening and The Sunday Morning Tribune every Sunday, at Casper, Wyoming. Publication offices: Tribune Building, oppo- site postoffice, ES Entered at Casper (Wyoming) postoffice as second class matter, November 23, 1916, ‘Pusiness Telaphouss cee areas me 38 Branch Telephone Ex ¢ Connecting All Departments, By J. E. HANWAY MEMBER THE ASSOCIATED PRESS is the law of Great Britain, the land of Peel of Cobden, of Bright and of Thorold Rogers. We can understand why the free trade press of New York City and the free trade professors of divers colleges should say as little as possible about this change of heart. But Republican journals have not given it the space it deserves It has been mentioned incileutally when it should have been proclaimed from the housetops. Tt has received slight comment when it shoult z t forth as one of the landmarks have been brought fo’ ie Or blican papers of legislation. There are F hich have never given it editorial comment. re The Associated Press is exclusively entitled to thi ir use for publication of all news credited in this pape! and also the local news published herein, Advertising Ro} tatives: Prudden, King & Prudden, 1720-28 Steger Bidg., Chi- cago, Ill, 286 Fifth Ave., New York City; Globe Bidg., Boston, Mass., Suite 404 Sharon Bldg., 55 New Mont: romery St,, San Francisco, Cal. Copies of the Daily ‘Tribune are on file in the New York, Chicago, Boston and San Francisco offices and visitors are Ww’ Member of Audit Bureau of Circulation (A. B. 0.) SUBSCRIPTION RATES By Carrier and Outside State One Year, Dally and Sunday ---—--—--—-++++~*=! One Year, Sunday Only — Six Months, Daily and Sun Daily and Sunday and Sunday $9.00 2.50 One Month, Da’ One Year, Daily and Sunday One Year, Sunday Only -.—— Six Month, Dally ané Sunday Three Months, Daily and Sunday a One Month, Daily and Sunday - A All subscriptions must be pald vance and the Daily Tribune will not insure delivery after subscr!>- tion becomes one month in arrears. Control of Credit A United States senator just returned from Europe, where he had been locking into affairs | hurriedly made this startling statement: “America is headed toward the same destiny as Europe unless we check the control of the credit system of the country. We must restore to the government and the people the right,to is- sue the money and control the credit of this great nation. The German mark is held up to us as a horrible example of ‘soft’ money. But our credit system is virtually the sams as practiced there.” This is a surprising statement for any United States senator to make. While senators are not expected to know it all, yet they are not sup- posed to be guilty of such woeful ignorance as to the meaning of credit and its relation to bust- ness and money. Credit primarily is confidence and that is be- yond the control of any individual or set of in- dividuals. Credit is belief, and belief is not measured by a yard-stick, scales or gold or sil- ver. This intangible thing called credit is the basis of all human relations. Without it society could not exist, machinery could not operate, people could not travel, business could not be con- ducted. The credit system of the country is founded on this same confidence and belief. People buy aud sell, labor and give service, in the belief that what is agreed to or promised will be car- ried out, and that the same rules and measure- ments will apply at all times. The machinery is the credit system, the accounting system. The forms of money employed in this system are units of account whereby commodities or service may be translated into these units and exchanged for them; the only essential thing is a unit agreed to by all, having an approximately fixed intrinsic exchange value in itself so that all agree what the unit is and of what it con- sists. The volume of these units, whether gold, sil- ver, bank notes, treasury notes, bank checks or bills of exchange is controlled and determined not by any body of individuals, but by business itself. More money does not make more business; more business makes more money. Bank credit is governed and controlled by the demands of legitimate business. Banks are lim- ited in extending credit solely by the size of their deposits and their assets. The Federal Reserve system simply enables the banks in order to ex- tend credits to rediscount, that is, obtain further credit for themselyes which they in turn ex- tend to their customers. The right to issue money and control credits} (except the coinage of gold and silver and other coins) never rested with the government, under the constitution. The only exception in the na- tion’s history was during the civil war when greenbacks were issued, and that right was ques- tioned in the legal tender cases. Greenbacks now are kept at a fixed volume. Gold and silver cer- icates and treasury notes are issued on depos- t its of coin or bullion, National bank notes are| printed by the government for the national banks. The same with the Federal Reserve notes. | In th whole history of the country (with one exception) paper money has been issued either on deposits of coin or bullion or by private banks of issue, under government control. It is surprising that a United States senator should say: “Our credit system is virtually the same as } ticed in Germany. With notable and } important difference: German marks have been printe id issued by the central government bank and by four branch banks in vast volumes without regard to production of wealth or gold or specie payments have been sus- ’ ve Teserve. Gold pended for The Ge encours any rs. rnment has permitted and rinting of billions of paper marks because it was the only way the govern- ment and the people could pay their domestic debts and keep business going. The result is | horrible example of t p Aapad tists “go nment issue of money and control of credits. here is no control — nothing but chaos and disaster. The United States would soon find itself in the sane condition as Germany should the goyvern- ment print and issue to the people direct all the paper money or notes the people demanded on the theory that the stamp of the government i the only thing ive: or nat i . pce ctf that gives puper money its pur- In Germany credit is all gone. States credit maintained through private agencies called under government control. The Tariff V ictory in Britain In the Unitea and preserved banks cf issue is have campaign speakers who have not lal stress on it. This autumn has brought o be called an extraordinary under-statement, - writer for a New York daily, in speaking of Br bi ish trade conditions, said: “Protection is al- ready creeping in.” Think of this presentment of the case and of the facts. Great Britain’s Raters a century and a hat fore umbus. It was fostered by Queen Elizabeth Boe by Cromwell. It lasted Si pate. ed sere Lie in 1 was dooms Seen geass further reductions and jucceeding years saw Paattons Osbden assured the world that every nation must follow the British example. For years free trade maxims were quoted as if they ranked with the law of gravitation or the fun- damental principles of geometry. The voice of history and the logic of events were with the pro- tectionists, but the free traders dictated the leg- islation of the United Kingdom. . naked © it was until the world war. Then a chan ig neare became necessary. Great Britain has thrown free trade overboard. Her protectionists gave her a better tariff than the Democrats of 1894 and 1913 gave us. The safeguarding of in- dustries act meant that England broke away from the system that had run through five dec- ades and had weathered five centuries. Did protection creep in, or did it walk eae eject free trade? Let us try a couple of American comparisons. If the yaar of Robt statute to hi enfo: J Saat say that Prohibition sentiment was PEA ing in” to the state house at Albany. It wont be said that prohibition had swept in ee is Hudson in a flood. If the women of hal a union should ask for the repeal of the Diner 2 amendment would anyone say that anti Haw frage views were pores ing: in?” Would it age fe said that anti-suffragists had scored a triump! id These cases are highly improbable. Assired y they are. But Richard Cobden would not have be- lieved the safeguarding of industries act ee sible. Benjamin Disraeli would scarcely have dared. to hope for it. British protection vege crept in—it kas come in to rule the statute boo and it will be no easy matter to drive it out again. ut what can only p tem began about ein yoyage of Col- { New York, should ask for e Volstead act no one Duty of All Executives estion of enforcement of the Vol- the acts supplementary thereto in his usual clear manner ors of the duties of all itution in these words: | m act places the duty} Upon the qu stead act and President Coolidge told the assembled govern executives under the const) “The national prohibitio: i of its enforcement on the commissioner of inter nal revenue, his assistants, agents and inspec he Casper Dally Cribune It Happened In Wyoming Matters and Things, of State-Wide Interest, Wired in, Telephoned in, Written, Grape-Vined and Some of It Purloined. | claim one of the oldest residences in Johnson county. Born in Metanora, ll, March 6, 1887, he came to John- son county in the early eighties and engaged in business in Buffalo. Since that time he had been a con- tinuous resident of this community and has left behind a host of friends. ——— Wrecked the Henry *KEMMERER.—The Frontier road was the scene of another auto acci- dent, when a Studebaker car, owned and being driven by Andrew Mustonen of Kemmerer, crashed into a new Ford, being driven by Principal Hugh Smith of the Fron- tier school, and Miss Juanita Gudgel, who is a teacher at the Frontier school. Nelther of the occupants of the Ford car were severely injured, al- though they sustained several cuts and bruises. The Ford was a total wreck, however. The accident was attributed to careless driving on the part of Mustonen, who was on the wrong side of the road, it is under- stood. Next Year’s Shoot GLENROCK.—Harry Young re ceived word from J. H. Bradfield, secretary of the State Trapshooters association, that Glenrock had been decided upon for next year's state shoot. Complete arrangements have not as yet been made. The dates having not been decided. ‘The central location of Glenrock was one of the main reasons that this place was selected. Some towns on the Union Pacific wanted the shoot, but on account of their loca- tion they were not favored by most of the members of the association. It is estimated that from 75 to 125 people will attend this affair. Many people from outside the state as well as the cities and towns of Wyoming attend the annual shoot. out again,” concluding they had no interest in the affair. The officers claim to have secured sufficient evidence to make a good case. They say they caught both ‘Tucker and Ritchie breaking bottles of Uquor and that enough of the Uquor and the bottles was salvaged to prove the kind of bottles they were and the character of the con- tents. The attempt to destroy evi- dence is of iteelf a violation of law. Wins Recogniticn ° ‘Word comes back to Powell of the success attending the efforts of Harold Van Horne in Chicago, where he is studying in the Sher- wood school of music. His excep- tional ability has already gained recognition and among other com- plimentary invitations is one given him by his teacher, Louls Luntz, to take part in a radio program with some of his fellow students at the Edgewater Beach hotel in Novem- ber. Prof. Luntz considers Harold one of the most promising pupils he has ever had, which means consider. able, coming from a man of his ability and experience in teaching. Harold is delighted with the op- portunity afforded him of hearing such piano masters as Josef Hoft- man, DePachman, and Miss Georgia Kober, president of the Sherwood school, and altogether feels that it is very good to be in Chicago. A Genuine Oldtimer BUFFALO.—W. H. Wilkerson, pioneer resident of Buffalo and Johnson county, died at the family residence in Buffalo after an illness of but a week. While Mr. Wilker- son has been a semt-invalid for a number of years it was but a few days that he was unable to bo up and around the house and yard. W. H. Wilkerson can truthfully Confirmed Large Class NEWCASTLE.—Confirmation ser- vices were held at the Corpus Christi church Sunday morning at 10:30. Confirmation was adminis- tered by the Right Rey. Patrick A. McGovern, bishop of Cheyenne, who confirmed ea class of 23. Father Brady read mass first and after the bishop talked to the class of boys and girls he administered confirmation which was followed by benedictien also by the bishop who was assisted by Father Brady and the altar boys. ‘The following boys and girls re- celved confirmation: Anna Kudlock, Susan Kudlock, Caroline Taylor, Fern Griffith, Ethlyn Kirby, Katheryn Kirby, Grace Kirby, Walter Weckworth, Ernest Shilling, Violin Koskie, Rose Rockwell, Christina Rockwell, Doro- thy Bird, Grate Flaherty, June Frazine, Cora Senate, Katherine Weyer, Robert Noonan, Robert Adams, Ruth Kinney, Leo Carr, Katie Noonan and Lucy Piscott!. pete obi a Raid Hotel GREYBULL.—The Alamo hotel was subjected to another search warrant raid, making the third within the last year. As a result P. A. Tucker and Bruce Ritchie wore taken to Basin where they were Placed in jail. The raid was quite a surprise and was made so suddenly and quietly that few knew it was going on. About 2 o'clock a federal officer and Sheriff MeMillan and his deputies drove up in front of the hotel and, walking rapidly into the office, took possession and started a search, the federal officer being in charge. Some who did not know of the raid walked in while the officers were there but “turned around and walked right | ‘ors. In accordance therewith, there is an assist: et commissioner in direct charge of prohibi- tion enforcement and there are prohibition agents and inspectors in each state. Correspond- ing provisions will be found in nearly all state ae a the 1 f the nation “The constitution and the laws ©! e and of the several states are binding alike upon all the inhabitants. It is the constitution which we have given our oaths to support—the consti- tution which requires of the president that ‘he shall take care that the laws be faithfully exe- cuted;’ and the state constitutions lay a similar obligation upon their governors. “The constitution and the laws are prefectly plain, and the directions which they contain to the president and the governors are equally plain. The country ought to know all this. It ought to understand just what duties the laws have imposed. It ought to comprehend that when laws have been made, there is and can be, no question about the duty of executives to enforce them with such instruments, and by such means as the law provides for securing enforcement, They have no alternative. They can not be crit- icized for doing their duty. This is not a polit: ical question; it can not be made a political question, If there be principle which has been established by time, by common consent by the unqual 1 assertion of fundamental and statute law it is that executives are the law en- forcing officers of this nation. If this were not so, there would be no warrant for the present gathering. I can conceive but one opinion on this in which every responsible element must con- cur. “No provision of the eighteenth amendment, or the national prohibition act, contemplates any surrender of state responsibility. Under them prohibition becomes obligatory in all states, for the constitution and the laws made in pursuance thereof are specifically declared, by the federal constitution, to be the supreme law of the Jand. They are binding upon every inhabitant. But there still remains to the states the power, spe- cifically reserved in the eighteenth amendment, to s enforcing acts and there is still on them a joint responsibility to enact and execute en- forcement laws, which may not always be ex- ercised, but which can never be avoided.” ‘Addressing the Governors In his address to the assembled governors Mr. Coolidge made himself luminously clear in r spect to the duty of the chief executive in the matter of the enforcement of law, and made it \clear to the governors that the same responsi- | bility rests on them in the matter of the enforce- ment of law. There is nothing new in the president’s utter. ance on law enforcement. There is nothing new }to be said on law enforcement. What he said i s government itself. It has been stat- nd ever again, but not since the govern- as it been better stated than — perhaps never so well ‘alvin Coolidge For some unaccountable reason the press has failed to emphasize the of the British safeguardi | American significance of industries act. The passage of such a measure imposing dutie averaging 33 1-3 per cent on six thoreentiaestes is one of the great facts in economic histor. Millions of Americans can remember the fie denunciation of the Republican party for enact ing a tariff covering four thc nd articles (in usa actual fact this was an zermtion), and now the British tariff far exceeds that number. This in such beautiful clarity, in such striking con- ciseness, in such rare simplicity that stands out jas a living document which will carry to the Ja aueene and conscience of the American peo- ple. | Tm this, his first state paper, the new presi- ident has revealed himself as a man who thinks youd, 4a man who has the ability to state his conclusions and his positions in the fewest pos sible words and to state them in the most effec- tive possible way, The president’s address restates an old truth | His NAME is Winter. He lurks at the doors and windows; he preys on the health of children; his howl is the biting North Wind. This wolf the American Radiator Company has been fighting for more than thirty-five years. Out of the company’s Institute of Thermal Research has come one of the most perfect protectors against the cold for the small home which engineering science has produced—ARcoLa. ARCOLA warms the room in which it stands and sends its hot-water warmth through pipes to an Amer- ican Radiator in every other room; and it is so scien- tifically planned that it reduces your fuel bill one-third. Where Arcoxa stands guard, the wolf may howL But let him howl! CAN RADIATOR COMPANY IpeEAt Boilers and AMERICAN Radiators for every heating need Your Heating Contractor is our Distributor 24th & Blake Streets Denver, Colo. "TUESDAY, OCTOBER 30, 1923 convalescing, and his bon, Tecovery jy qq. In Siam the eighth days of the phon > lege sacred, and devoted to worship Fe rest from ordinary labor, _— Sun-dried oysters article of food in Mongolia. aa are sold elther loose or in Wreath form, spitted on rattan, ang circled, after being dried, for hanging up tr Badly Injured —Ralph Campbell, 18, wes severely injured on Sunday afternoon at the T. Hunter Salmon ranch on LaBarge, when a horse which he was riding bolted and ran under a shed. The top of the shed struck Campbell's head, almost tear- ing his scalp loose. The unfortunate young man was rushed to the local hospital, where the injury was treated by Dr. Staf-| stores. They are mo’ ford. Forty stitches were required | fresh oysters, and oe 3 to place the scalp, Campbell _is| stewed. ifa4 Cleaning and Pressing Service JAKE THE NIFTY TAILOR Wyatt Hotel Basement CALL 802 “We Call For ‘and Deliver” Ask the Manager The average American takes his telephone service §j as a matter of course. He only senses vaguely the tremendous, unseen factors behind his telephone. He has very little intimate knowledge of the system by which the telephone speech of the nation is trans- mitted and how the vast business is handled. And there {fs but one way by which he can be in- formed. He must ask questions. No library could satisfy even the average person who wants to know the reason for the ordinary, routine happenings in telephone service. Charts and pictures, advertise- ments and newspaper articles can only supplement the information which must pass by word of mouth. __ Fairminded folk realize that there is a reason be- hind every Prsetiee, every regulation and every charge in telephone business. That reason is theirs for the asking. , The telephone manager in this town promises to explain in fullest detail any confusing problem that arises in your use of telephone service. “BELL SYSTEM” - Mountain States Telephone and Telegraph Co. One Policy, One System, Universal Service and all directed toward Better Service, THE NICOLAYSEN LUMBER C0. Everything in Building Material RIG TIMBERS A SPECIALTY FARM MACHINERY, WAGONS Vistributors of KONSET Three-Day Cementing Process for Oil Weils. Phone 2300 and 62 Casper, Wyo Office and Yard—First and Center Sts.