Casper Daily Tribune Newspaper, February 17, 1924, Page 20

. 1 ‘ PAGE EIGHT Che Casper Sundap Cribdunce The Casper Daily Tribune issued every evening anc | The Sunday Morning Tribune every Sunday, at -Cas-/ per, Wyoming. Publ.cation offices: Tribune Building, opposite postoftice. Entered at Casper (Wyoming) postoffice as second 6. class matter, November 22. 191) H Business Telephones Branch Telephone Exchange Connecting All Departments. By J. BE. HANWAY and E. E, HANWAY Advertising Representatives Prudden, King & Prudden, 1 23 Steger Bidg., Chi- cago, I'l., 286 Fifth Ave.. New York City; Globe Bidg., Boston, Mass., Suite 404 Sharon Bldg., 55 New Mont- gomery 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 welcome. Member of Audit Bureau of Circulation (A. B. C.) SUBSCRIPTION RATES By Carrier and Outside State One Year, Daly and Sunday One Year, “Six Months Three Months, One Month, Per Copy - By Mail Inside One Year, Dally and Sunday One Year. Sunday y Six Months, Daiy anc Sunday - Three Months, Daily and Sunday ~ One Month, Daily and Suncay All subscriptions must be paid in advance and the Daily Tribune will not insure delivery after subscrip- tion becomes one month in arrears. KICK. IF YOU DON’T GET YOUR TRIBUNE. If you don't find your Tribune after looking care- fully for it, call 15 or 16 and it will be delivered to you) by special messenger. Register complaints before 8} o'clock. Confusing Logic With Magic A Democratic editor has made the statement} that “As a New. England Republican Calvin | Coolidge was brought up to a sincere belief in| the wonder working, beneficent magic of protec- tion.” The statement is, of course, intended to be extravagant. The editor knew that Mr. Cool idge was never taught to believe, and never did believe, that there is any magic about the ef-| fects of a tariff. Magic is something mysterious or superhuman. There is. nothing mysterous about the workings of a protective tariff. Abraham Lincoln, who had a way of seeing and stating things in a very common sense man- ner, did not think of a protective tariff as won- der-working, or as magic He set forth the whole theory and practice of a protective tariff when he said that if he bought a suit of clothes made in ngland, he would get the clothes and Z- lish workmen would get the money, whereas if he bought a suit made in America, he would get the clothes and American workmen would get the money. There is no magic about that. In Georgia, re- cently, Democratic newspapers have been com- plaining because Georgia markets are supplied with eggs produced in China, whereas the farms | of Georgia are perfectly capable of producing all the eggs the people of Georgia can eat. The plain fact of the matter is that in China eggs} can be produced so cheaply that importers can | pay the import duty, and still sell at a prone An increase in the import tax would either put} more mon n our treasury or it would shut out) the Chinese eggs. In either case there would be | no magic about it whatever. | Prior to 1890 we had no tinplate industry in| this country, but bought practically all our tin-| plate from the trust in Wales. Under the pro-} tection of the McKinley bill tinplate factories | were established here, we made our own tin-/ plate, kept our money at home, and built up such a large industry that tinplate became cheaper than we used to get it from Europe. There was no magic in that. Call it wonder- working if you wish. It was certainly a desirable | change in the manner in which we get our tin- plate. If you don’t believe it, ask any community in which there is a tinplate factory or any man who works in a tinplate mill. If all these things be magic, then let us have more of it. The View of the People What happened to the prospects of the bonus bill in congress is now happening to the Mellon tax reduction plan in an inverse order. When congress convened it was thought the bonus bill would take precedence oyer all other legislation and be passed with comparatively little opposition. Then the flood of letters from home began to arrive, telling members of con gress that they wanted the Mellon tax plan and would not tolerate having it sidetracked in favor of the bonus. Thereypon the bonus was postponed until an indefinite date in the future and the tax plan given the right of way. There! was then a general disposition to compromise | on the Mellon reductions and frame a measure that would meet the objections of some of the} radicals and opponents in the minority party. But again the flood of letters came in de- manding the Mellon schedule without altera- tion. It looks now as though the Mellon plan would be reported to the house substantial the secretary of the treasury submitted it, if the people from all parts of the country con- tinue to make their demands known at Wash- ington, there is a good chance that the bill will go through practically as Mr. Mellon wrote it. Great is the power of public opinion. Early Superlatives Unwilling to permit time and mature judg- ment to assign to Woodrow Wilson his place in histor und we concede him a high and hon- orable place, the New York World, premature’ and with superatives thus fixes that place: “B) the death of Woodrow Wilson, the greatest fig- ure in world history that has ever risen from American soil is removed from the scene of his labors.” We profoundly respect Mr. Wilson as a sin- cere man who fought valiantly for his ideals. But’ what of George Washington? And what of Abraham Lincoln? Where would the world be today if the former had not won and the latter preserved the independent American union| which Woodrow Wilson found at hand ready to} throw into the scales in Europe? By his own ad- | mission Mr. Wilson sought from his country- men a “supréme sacrifice’—the sacrifice of the very independence which had enabled them to exert such decisive strength in the war. We are bold enofigh to predict that the men who led in preventing that sacrifice have a surer| place in history than the man who urged it. | Promotion of Peace Secretaary Hughes considers that our policy of furnishing arms to the Obregon government is the greatest contribution, wholly within our secretion See ra a | getting a bill power, that the United States has made to world peace. Of course the treaties emanating from the Washington conference depended on the adher- ence of other nations to make them effective, and the same may be said of various other ac- cimplishments of the United States in the di- rection of peace. But our aid to Obregon was wholly of our own volition, and the earlier peace that will come from it can be credited solely to this country. j I Should Be First Lien | President Poincare has introduced a bill in the French chamber of deputies ratifying the agreement for the repayment to the United States of the costs of maintaining the Amer- ican army of occupation on the Rhine, amount- ing to about $250,000,000. Apparently the A‘mer- ican rights guaranteed by the treaty of Ver- sailles now depend on the precarious chance of through the French legislative body ratifying them. The chamber of deputiea assumes to say whether or not the plain terms of the treaty shall be adhered to. The Versailles treaty specifically declared that the costs of the armies of occupation should constitute a first lien on German reparations receipts. But in handling those receipts the al- lied governments paid no attention to the Amer- ican share, while seeing to it that their own occupation costs were paid in full. It looked as though the United States was destined never to receive a cent on that score, but last May ne- gotiations were completed for the payment of the American bill in twelve annual installments. The chamber of deputies will now decide whether or not that agreement shall be ratified. If it is not approved, the chances for American reim- bursement will be remote indeed. The whole transaction is indicative of the contempt in which European nations hold the treaties to which they are parties. International agreements mean little to them when it suits their convenience to ignore them. Another ex- ample is found in their promissory notes for some $7,000,000,000 held in the United States treasury. Eighteen nations which signed those notes appear to hate conveniently forgotten their existence. The obligations undertaken by old world nations when they signed the league covenant have been mostly relegated to the serap heap, a fact that is frankly admitted by the author of the Bok peace plan. The easy conscience with which European statesmen and diplomats regard their internat- ional credit and responsibilities is the funda- mental reason why the United States has no de- sire to put its affairs within the power of those nations to decide. If the countries of Europe de- sire closer relations with America they can be- gin by showing « higher regard for each other's rights and welfare. Economy and Demogogy—The Difference statement has been issued by the Demo- cratic national committee to the effect that the tax reduction plan proposed by Representative Garner in the name of the Democratic minority in the house is a much better plan than the so- called Mellon tax plan. This statement belongs with others which are classified as “important if true.” Without entering into a technical discussion of the various schedules of the two plans, it may be stated that two fundamental differences between the plans are: 1.—The Garner, or Democratic tax plan, would create a deficit of over $300,000,000, while tle Mellon plan would raise sufficient revenue to meet the necessary expenses of the government. 2.—The Garner, or Democratic tax plan, would continue to drive men of wealth to invest their capital in non-taxable securities and thereby di- minish the taxes which men of wealth pay the federal government, The Mellon tax plan _re- duces the surtax rate to a point where men of wealth would find it more profitable to invest their money in industry, business and other prof- itable enterprises and pay taxes on the profits they make at the surtax rate fixed by the Mellon | plan than they would to invest their money in tax-exempt securities, The Garner plan creates a deficit because it is conceived and written not as a revenue measure, but as a political measure, This is proved by the fact that the Democratic leaders in the house changed the rates and exemptions in their pro- posed plan three times within less than three weeks. All of these changes which were made public were admittedly made for the purpose, not of raising revenue or creating a scientific tax measure, but for the:purpose of “catching votes.” The Garner bill is written solely with an eye to the November elections, regardless of what disillusionment may await the taxpayers after election. The Mellon plan is written with an eye to the financial condition of the United States government at the end of the next fiscal year. The Mellon tax plan is a sci- entific readjustment of the present federal tax schedules with a view of reducing federal taxes upon all classes of citizens as much as possible and still leaving the government at the. end of the fiscal year with a surplus. The object of any tax measure is to provide revenue. The first essential-of any new tax mea- sure to be enacted by the present congress is to provide enough revenue to meet the operating expenses of the government when combined with other sources of income. The present tax law, together with the Ford- ney tariff, provides enough money to meet the operating costs of the government, with $350,- 000,000 over. This surplus could be used to pay off the public debt at a faster rate than is now being done, which is a rate of about one billion dollars a year. This surplus could be squandered in appropriations, The policy of the Republican administration is to do neither. It proposes to reduce the taxes sufficiently to eliminate the surplus. But it is perfectly apparent that taxes cannot be reduced, in the aggregate, more than the existing sur- pius, else there will be a deficit. It is not econ- it is not even common sense, to propose a tax reduction program which on the face of it admittedly will produce a national deficit. Such gram is hypocritical for the moment the deficit exists it is necessary to raise new taxes to meet the deficit and to prevent its recurrence. Here arises the fundamental difference be- tween the Mellon plan and the Garner plan. The Mellon plan reduces taxes in a sum equival- ent to the surplus, or about $350,000,000. The Democrats desiring to make political capital rather than provide revenue for the government immediately jump in and say, “We can make Che Casper Sunday Cribune greater tax reductions than the Republicans, therefore we propose a plan that will reduce the taxes $623,000,000. ‘What sort of a ‘man would it be who, in order to show he could economize would deliberately cut his income to a point where his family had to go in debt tg live? What kind of public econ omy is it which reduces taxes to a point where The English-Dutch Rubber Monopoly tical ground will pay a heavy in demnity for their obstruction. New York Tribune—Since tax re- Nef is urgent, relief in 1924 wil! be twice as welcome to a long-suffering Fublic as relief in 1925, t every argument he gets into m “Holland, ‘play the game’ for] the world's rubber, with 33 per cent by cterkig Monee erely yourselves and for your sharehold-| Controlled by Holland interests. ers, and for the future of the rubber}, Ffo™ one standpoint it would. per- ps eg wae oo haps in the long run, be desirable for Holland to combine with Great Britain in the manner desired by the latter. Such action would un- doubtedly hasten the time when the American consumers of crude rub- ber would secure the bulk of their requirements from the Latin Ameri- cas, a consummation devoutly to be wished, for the more crude materials we can buy from the Latin Americas the more manufactured goods we should be able to sell to them and the Stronger would be the intercon- tinental entente cordiale. Already British interference with economic law in the matter of boosting rubber prices has induced the American people to take notice, and congress last year appropriated $500,000 to send out scouting parties in the Latin Americas and the Philippines for the purpose of ascertaining pro- duction possibilities of crude rubber. That the British desire absolute con- trol of the supply: of this material they quite frankly admit. As they say, the quinine and tin industries were saved by the Dutch and Eng- lsh coming together. Saved to them while America pays the freight in th creased prices. However, Bolivia has done something to break the British-Dutch tin monopoly. regime may be 1S BOUG .. I's redness, but it's still far from the pink of perfection. The Most For Your Money That’s the Keynote of This Office : industry as a whole,” is the exhorta- tion directed by W. P. Pinckney, of the Council! of the Rubber Growers’ Associatiom, who has started an agitation on behalf of British share- holders for Dutch cooperation in the program for curtailing crude rubber Production in order that the United States m: be charged a higher rate for crude rubber, all of which we must import. In 1922 tme British government enacted legislation curtailing the Production and exporfation of crude rubber by way of a graduated export tax system known as the Stevenson plan. The Dutch growers almost unanimously rejected the Stevenson plan, and the British producers blame them because American pur- chases of crude rubber began to de- cline. The British believe that this “combination in restraint of trade” cannot be efficacious unless Holland signs up wib them, and to that end a campaign is being waged in Hol land to convince the Dutch Gov ment of the necessity for coopera- tion. This matter of sending agents into a country to propagandize for or against Jaws seems to be getting rather common. Mr. Pinckney de- clares “the day the Dutch announce] We hear nothing from those windy that it is even ‘probable’ that Hol-} philanthropists who are advocating land will join the restriction scheme | « y of free trade for the United the price of rubber will rise” nine tes in order that foreign nations cents a Addressing the| may avail themselves of our gener- ‘You now have a] osity and rout American producers loan in Engand. Why not consider] in American territory. What have her a little? Who gave the first rub-} they to say respecting the British ber seeds to the Dutch Indies? Not] plan to dominate the rubber supply? America. Consider your own Hol-| If it is legitimate for Great Britain land first. You have a loan to] to adopt such tactics why is it not America. What is the best way to] legitimate for us to protect our. own pay off that loan?” and he points] interests? Apparently whenever out how, by restricting production| there is ‘® game at which two can and thus raising price the Dutch] play, these philanthropists want the can hang it onto the American pur-| United States to be “it” all the time, chasers. The British and Dutch] but fortunately those controlling the owned plantations, be it sald, pro-| Governmen are working for an even duce approximately 93% per cent of! break. Lines And Angles BY TED OSBORNE You don’t belong to my set.” Strong One Way Wife—My husband is not well. I'm afraid he'll give out. Wife’s Mother—Well, he may give out. You can’t tell. But it is a certainty that he will never. give in.” Our Daily Song Hit “I Am Just a Post, But I Write the Wrongs of the World.” Our Daily Song Hit “I Get an Awful Lot of Goats, Because I'm Such Kidder.” Court’s Ruling Correct Editor Tribune: For the purpose of correcting any misunderstanding that ‘the reading public may have received from the articles published with reference to Judge Rose's de- cision in suppressing the evidence in the Adams case, and which evi- dence showed the existence of graft conditions, please permit me to say that the judge's ruling was in accord with the facts and the law, and that any other ruling would have been contrary to established rules of law. This statement is made for the purpose of correcting any unfair inference which the public may have drawn frem reading the articles. The technical defect upon which the ruling was based did not. de- velop until the hearing, and the responsibility for which can in no way be chargeable to this office. E. H. FOSTER, County Attorney. My large volume of busi- ness enables me to give the best dental work and the finest quality materi- aia at the least possible co! TRUBYTE PLATES are considered by dentists the country over to be the best. If you want the fin- est here they are at the amazingly low price of $20.00. DR. FRANK CARLL PAINLESS EXTRACTION EXAMINATION FREE 402 O-S Building Telephone 564-J TRAIN SCHEDULES Chieago &-Northwestura Arri West! No. 603 ~~... Eastbound— 622 | SEND IT TO THE No. PEARL WHITE LAUNDRY PHONE 1702. 4:45 p.m. Chicago, Burlington Quitey Stage Robbers : enables others to settle up.’ 1849 A lady was singing a song, Quick Service In days of old rena Stage robbers bold 7:10°a. m, 7.30 a m. Wore masks upon thelr faces. And she sang it loudly and strong. Packing 2 9:55 p.m. When told she was flat, i They hd away She! cataseueeerieer and Crating Throughout the day "ve : ” Tanke wedgllont piabee. I guess I've been satnding too long. Phone 948 and 949 3 pie oe ‘They wore long chaps With leather straps— Our Daily Song Hit Natrona‘Transfer Stor: SALT CREEK BUSSES A-six-gun on their hip. “A Rabbit May be Timid, But No age 3 Busses a Day Each W: On shoulders square Cook can Make Him Quail." Fuel Co. a Day Eacl ay rhiay sali Gia ated LEAVE CASPER—ARKEON BUILDING| Leave Salt Creek & Baggage and ress Thee canoe lett sea A Clean Joke ‘Gebo | ‘0al : a a Called for and Delivered : ae a ARK DATS EE soap?” ger eee byl 43 2:80 p. m. loses. me ia as Hand, they would wear no glove. These men were hard And battlé-scarred— No crime were they above. “‘I_need an internal wash, 1924 But in this day, Stage robbers gay Wear powder on their faces. At night they play, Then sleep all day, In nighties lined with laces. They hold their chaps Upon their laps, Scant clothing do they wear. They wear thin straps, And call them wraps— Their lower limbs are bare. They kiss on sight And take delight In being called a sinner. To prove I'm right, Just you invite A chorus girl to dinner. ‘Your Success What You Make It | There is nothing so gratifying to us as to see our custom- ers getting ahead by regularly building up their Savings Accounts. It shows that they are the sort of people who can be depended upon. They outline a plan for them- selves and stick to it. Hard tosave? Of course it is if you spend what you want to spend and then attempt to save the balance. There usually isn’t any balance—any left over. : People will not draw from their Savings Account as readily as from a Checking Account. It is therefore a good plan to have both.a Savings and a Checking Account. Whether your deposits are large or small, you will find us interested and anxious to help you start on a definite plan toward saving. $1 will open an account. Begin one to- morrow. WYOMING NATIONAL BANK |. CASPER’S LARGEST BANK Apparently you can’t keep a good Price down. Sub—Have you a good cook now? Urban—I really don’t know. I haven't been home since breakfast. “Bill is a@ letter man in college this year.”” “Football?” “No, he's a mail carrier.” Uncle Hook Says “Marriage is a funny proposition. It makes some men settle down and DAY =a NIGHT couases Help Shift Workers Prepare Themselves for the Better Job Ahead of them. Classes can be arranged to suit shift. Casper Business College, Inc. Phone 1325 sy ata