Casper Daily Tribune Newspaper, February 19, 1924, Page 10

ot wae Lica, cE bl ES ani} cmt es 8 nt e 2 « e ain ay er re 24 te 3 ere se + SSP eae Set fw SS ORK ae eeBS Seu ew GO EE a ar > | _ PAGE TEN “© be Casper Daily Eridune MEMBER THE ASSOCIATED PRESS | The Associated Press is exclusively entitied te the vse for publication o¢ atl news credited im this paper | and also Ube local pews pub! shed herein. : Toe Casper Daily Tribune eutd every evening: ; The Sunday wing Tribane every Suaday, at Cas | yer, Wyoming. Publeation offices: Tribune Building, | Opposite postostice. ’ am J. & MANWAY aad B& B HANWAY re 2720-23 Steger Bidg.. Chi | Prudden, cage, UL. 23% Fitth Ave New York City; Glebe Boston, Mass Suite #4 Sharon . 4 New gemery St. San Francisco. Cal Cope of the Patty’ ‘Tribume are om fle im the New Yorks, Chicago. Boston, | and San Francisco offices and visitor are welcome. | Member of Audit Bureau of Circulation (A. BK ©) SUBSCRIPTION KAT By Carver Outside One Year. Daly and Sunday One Year, Surday Only ~~ Six Months Daily and Sunday Three Months, Dally and Sunday One Month, Daily and Sumday ~ Per Copy eS Mtate == $9.90 | 2.59) wa pd oe d 23] One Year, Sunday Only Six Montha Daily and Sunday Three Months, Dally and Sunday Qve Moath, Dally and Sum ay All sudseriptions must be paid im advance Daly Tribune wil vot meure delivery after sulsertp- thon becomes cre month mm arreara KICK. IF YOU DON’T GET YOUR TRIBUNE. If you don't tind your Tribune after lool et fully for it, call 25 qr 26 and it wil be delive: special messenger. Register compants bef ‘chook, We Distance the World : The daily output of the Casper refineries is/ LATL428 gallons of gasoline, 220,000 gallons of} kerosene, 50 tons of wax and 20 tons of asphalt. We have got so used to these figures that we | seldom think of them much less to talk about) them, But do you know that the gasoline preduc- them of Casper is greater than any other place im the workd in such output, The world is} quite a large place, and there are many oll fields | scattered throughout its length and breadtd, | and many other refineries engaged in the same) line of manufacture. Seema to us that it is a mighty fire point in eur favor, that Casper makes more gasoline tha any other city or town on earth. | Gasoline bas become one of the most useful) all around fuels that nature supplies. Its em ployments are manifold. It bas grown from a/ @angerous ftuid to one of the safest servants) we have. : We should be extremely proud to state the) simple facts about the local gasoline produc. tion, every opportunity that presents itsekt. And gasoline, remember, is just one thing in which we excel. Secretary Denby byfegr bag id on tahoe tend- is re tion to the %t yesterday So ae eee pnd. Tie den bon am sh which has created considerable fur pois: few weeks, and which bas to a number of former high officials ef the government and one or two present ones, eceasioned the demand by the senate upon. the president to call for Secretary Denby’s resigna. ten. The president was unwilling to comply with the senate’s resolution until of the secre tary’s unfitmess to hold office was offered im However the secretary’: own action has set; ted the question and ended the controversy so far as he is concerved. ‘There never was the shightest charge against secretary's imtegrity and general upright- but the view has generally ebtained that he should vot have signed the oil leases im the i i 3 5 1, and circumstances which surrounded transaction. That is all the blame that can to him. Quite nat he defended of the leases. He may right even the courts will have to determine the before the fact will be accepted. has taken a very sensible view of situation and relieved the administration odium bis continued presente cast ih. \ tt there are other officials, major or minor, | who the slightest concern with these oil . leases, they ought to have the good sense to re- also. the administration cannot afford to! them. The American government has al lost sufficient prestige through, this scan- net to take further chances. Make a complete cleaning and take a fresh start. ‘A Distressing Leak is now before congress an amendment federal constitution which provides for : the imeome from future issues of state unicipal bonds, by the federal goverement. | provides that states may tax the income} future issues of government bonds that are | i owned within. their borders. In plain, Engtish, | this means that the imeome derived frem tax- exempt bonds, instead of being tax-free, as in ast, would hereafter be subject to taxation ¥§ Gr m whatever | ealthy individuals subject to a federsl in-| come tax of fifty to fifty-eight per cent are buy- ing fixe to five and a half per cent and six per cent tax-free securities new, at par; or at a very slight, advance. A five per cent security, tax-ex-| emp, im possession of « person receiving an in- of a million, dollars a year vields him as| ‘| i much, net-income as a taxable security paying | - an annual imienest rate of eleven per cent. For the last five years great difficulty has beem experienced im. ebtaiming capital for rail reads, for industrial er development purposes, | fer the reasenm, that the wealthy owners if such. eapital are haying their wealth away im tax free imvestments. That condition w grow worse and worse 23. the yeams go by and ¢ yeax the demand for government aid wi come stronger and stronger 3s capital is. lured. awey into taxless securities, 7 More than « billiem dollars is new diverted Ss iers, who should be vitally interested im ocean | vessels carried $4,052,000,000 worth. British ves-| same manner as income eared im any |; every year from agriculture and business te tax It deprives industry of the needed capital and it shifts heavier taxes upon agriculture business. If that leak is stopped by the of the amendment, agriculture and business thrive as never before. A Farmer Member For the first time since the Democratic party ereated the shipping beard, back in 1917, a rep- resentative of the agricultural interests of the middle west has been appointed to that board by the president. He is William S Hill of South Mont. Dakota, who succeeded to the vacancy created | fkting state conven! by the retirement of Mr. Farley, Mr. Hil was president of the South Dakota farm bureau fed-| eration, and at one time was talked ef for gor. ernor of his state. His chief interest has been farming and livestock, but he is also interested im banking and manufacturing. ‘ It is the gemeral opinion that the action of the administration im choosing a farming rep Tesentative should greatly aid in the problem of | could not contaim the great number Geveloping the American merchant marine, as/ f adherents, and that the first com it establishes a direct interest in the shipping situation for the great body of American farm- transportation by American ships as a means of marketing their products and, through such @ representative they may now take an active part in the shaping of shipping policies. His experience as a real “dirt farmer” should amply | qualify Mr. Hill as a capable man to help our vessels “plow the distant main,” while his edu. cation in business affairs, trade and commerce, | © has fitted him to comprehend speedily the nec-/ essity for carrying our own trade im our ves- sels, or at least the larger portion of it. During the eleven months of 192% ended No} vember 30, American vessels carried $2,169,000, 000 worth of our overseas trade, while foreign sels alone carried $2,242,000,000 worth of our! trade or more than. we carried ourselves. * The German Tirade Treaty Much feeling is aroused throughout the coun. try over the fact that there has been negotiated im secret a trade treaty between the United States and Germany, and it is now being const ered im the senate foreign relations committce behind clesed doors, that is to say, im execu tive session. The public is excluded from the dis- cussion and the witnesses are selected from among those known to be in favor of the treaty. | Tt is a commercial treaty with which the com-| mercial peor the country have nothing to! do. It contains provisions binding beth of the} high contracting parties not to discriminate against the ships of the other, or the goods ther carry, but no representative of the shipping imterests bas beem invited to appear to express the views of shipping men. Ph geese Jones of Wa: chairman of}, the commerce committee spoke against the aniti- discriminating duty provisions of the treaty, and Senators Fletcher of Florida and Ransdell of Louisiana are hooked to speak also in oppo sition to the discriminating duty inhibitions. Vice-Chairman Culbertson ef the tariff beard, |* whom the state department indorses as am “ex- pert” om discriminating duty matters, has been the star corer ot She cumeniiines 80 Sunt aaa is strongly vor preventing States being permitted to resort to discriminat- ter &,. during the hearing if he had givem any consid} eration to the shipping interests that weuld be: affected by the treaty’s provisions im respect to discriminating duties, he blandly stated that he had not. His opposition was based om the theory that discriminatory and tial practices are wrong, and he had no desire to in-| terest, himself in, the affairs of shipping men! who would be affected vitally by the provisions |! of the treaty. This Mr. Culbertson is becoming & very general “expert” and enjoys a favor of the state department to an unusual degree, and he appears to have a way with presidents that would indicate that he enjoys their faver, too, at least om discriminating duty matters, If the usual custom is followed the new treaty! will be discussed im the senate in “executive ses-| sion,” which means with the excluded, | w Smit r tem without ini should be framed on rejected. But these are mere peculiarities of our government. “Secret, covenants secretly ar-| rived at. quite unusmal concession was made to the public, by Senater Ledge, who is chairman of the senate foreign relations committee, im havy-|| ing the treaty lished im fulh im the congres- i 'e understand that the very un-| usual procedure of having the treaty discussed im open senate has been suggested and will be strongly pressed by its opponents. But it is likely that the “Old Guard,” whieh: is: stitt strong im the senate, wil refuse to accede to so sweep- ing an. innevation as. this, The striking thing sbeut the treaty, as it stands, is that it makes much mere stringent tham ever before tke bam upem discriminating duties. Congress has, by law, declared itis, desire to be relieved of the bestraizt existing treaties Dupese in, respect to discriminating duties, Ser- ly disregarding this law, the state depart- comes forward with a treaty that promides vnecisely what comgress has by law dee! it does not want. And, the worst off it is that. the defiers of the law ane likely to, sueceed, and we) shall have the amemaly of a law declaring the. United, States; desines to be relieved: of any re- straint im reapplying discriminating duties for the protection, ef our shipping, andi a. new treaty the forerunner of many ether new enes—more stringently tham ever binding the United States not te readopt discriminating duties, Considering that any chance of obtaining pro tection for any shipping by way ef subsidies ». the defeat of the very ele- the last congress, and 3 minating duties seems to be the only pr alternative for the pretectiom ef our ships im foreign trade, it is manifest that the enemies, of American shipping are making splen- did (2), progress, in, accomplishing: its witer and early eneihiiation ming partakes and exemplifies the Virtues of all thaee, their faults To you as Republicans | L extend the hand of fellowship and vetion t© a commen great cause ‘The dintinctive element the east contributes to the National charac One® otber element to balance out people and insure our perpetuity aa & thee government, and that element principles of the Republic party. fun beck through the Wels party Wederalivts, and back ti j the Federalists to the rrr i ail! ty wi i i 1 i | i fil f fi | ! i / ) | § if g | & i f Once more there appears u canvas the United States Senate. ‘There now towers alone the form [of Webster. He t& answering the challenge ef the South. Bedoid the great expounder of the Constitu- them. Like a prophet ef eld, be i if i i H i i 4 i i f i i i pen and there signs beneath the Bmanciyation Proclamation the) name Abraham Lincolm. The shack lee drop from: the wrists of 4,000,000 Negrees and slavery bn America ts) forever abolished, Lock again, the yeur i 1863, |S Bet uecessarily an with none of a Republican state. tattered view up Penosytvama avenue to the Capitol the seat ef governmenc| * ef the Uniem which they bad pr} * served, The reel moves om an@ thousands apd tems ef thousands of men in taded blue and grey uniforms are moving westward to take up lands and build homes under the bemefi- teem homestead law, which has peo- pled the west and developed an em pire of stalwart freemen. The tha is turned Once again} we see the Senate ef the United Sta: John Sherman ef Ohio & saying to the serators aad to the ple of the nation: “The way to @ specie payment is to resume payment What did that m? It means that the debts of the United States weuld be paid im geod faith, im geod hard meney, that our greembecks should be redeemed at L0@ cents om the @nitar: that eur i learning, culture, Tt comes Therefore there must he Ute ef Uberty. Vast numbers of wage hastening, at night to com- fortable hemes and happy recalling that the Revolutionary’) Kinley, whe tought the War for In- dependence and the Tories of their BRAND NEW Columbia Records Get them while the selection is complete. These are $1.00 and $1.50 Records. All STANDARD and high class. How are these for classical, operatic, standard and in- strumental? One never tires of such as these: BARCAROLLE— (Duet) by Rosa and Carmela Ponse RIGOLETTOW— (Tenor solo) by Florencio Constantine. 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