Casper Daily Tribune Newspaper, May 1, 1924, Page 8

SS ee a PAGE EIGHT. Che Casper Daily Cribune MEMBER THE ASSOCIATED PRESS The Associated Presa is exclusively entitled to | xe for pubiication of all news credited in this paper | «nd also the local news published herein. The Casper Dally Tribune issued every evening anc The Sunday Morning Tribune every Sunday, at Cas- per, Wyoming, Publication offices: Tribune Building, opposite postoftice, Pi es el Entered at Casper (Wyoming) postoffice as seound ciess matter, November 22, 1916. Business Telephones ~.-------------------15 and 16 Branch Telephone Exchange Connecting Departments. Advertising Representatives : Prudden, King & Prudden, 23 Steger Bidg., Chi- cago, IIL, 28¢ Firth Ave.,@jew York City: Globe Pidg., Boston, Mass.. Suite 404 aron Bldg., 55 New Mont- gomery St., San Francisco, Cal. Copies of the Daily ‘Tribune are on file in the New York, Chicaga,, Boston, &nd San Francisco offices and visitors are welcome. SUBSCRIPTION RATES By Carrier and Outside e One Yeer, Daly and Sunday - nemet f One Year, Sunday Only ---.--~ ete Six Months Daily and Sunday - ner Three Months, Daily and Sunda One Month, Daily and Sunday By One Year, Dally and Sunda; Qne Year, Sunday Only* Three Months, One Month, Dail Sey a All subscriptions mus’ Dally Tribune wil 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 ft, call 15 or 16 and it will be delivered to you by special messenger. Register complaints before , Do a Good Turn Z The finest example of adding satisfaction and happiness to the day as it goes by, which sends a man home to place the old familiar record on the Victrola “A Perfect Day,” and hear it played to the last note, is the example the Boy Scouts give us. We believe it is a requirement with them —do a good turn daily. It is a mighty fine prac- tice and the boys adhere to it faithfully. If the opportunity presented itself during the day,and willingly or unwillingly, you did a kind- ness toward someone, have you not felt the bet- ter for it? % Have you not had considerably more respect for yourself? Have you not felt less selfish and haven't you experienced a more Christian feel- ing toward yourself and your fellow man? There’s nothing like doing a decent or kindly act to make things brighter and happier for yourself and for those around you. It’s the cheap- and Suncay est investment you can possibly make and it|that Democratic senators of the pays the highest dividends. that other countries can raise crops and grow livestock more cheaply than can the farmers of the. United States. That has been brought home to them in the case of wheat. Canadian wheat, on account of climatic conditions, is the equal ot wheat raised anywhere, and it is superior to much of the wheat raised in this country, and the average yield per acre is greater. But Can- ada is a newer country, so far as wheat raising ig concerned. Many American farms were. prac: tically “worn out” when the most of dhe wheat raising portion of Canada was being settled uy on. Hence Canadians produce more wheat to the acre, on the average, while the investment in Canadian farm lands is very small in compari- son to the investment in American farm lands. American wheat farms are worth more per acre, on the average, than wheat farms of any other country, hence their owners are handicapped on the start in the matier of paying competi- tion in wheat raising. It follows that, without protection, American wheat can be undersold by foreign wheat in the American market. What is true of wheat is true of other crops. Land yalues in all. countries whose farm prod- ucts compete with those of this.country in the markets thereof are lower than the land values of this country. The American farmer's invest- ment is greater, his taxes higher, the cost of farm labor greater, and living conditions are bet- ter than in other countries. Hence every farm crop needs protection,in order to place American farmers on an equal footing with those of com- peting countries, The American market belongs to Americans, a fact recognized by protection- ists, but ignored by free-traders. Foreign pro- ducts are admitted only as a concession, not As a right. The best advice to the farmer is: Diversify your products, both crops and livestock; pro- duce for the home market and do not depend upon the export trade; feed as much of your crops as possible to livestock; renew worn out soil by replacing the elements of whieh it has been robbed; vote for the candidates of the party of protection and so continue in power the only party which has ever given adequate pro- tection to the farming interests. By so doing you can best work out your own salvation. The Unholy Alliance Weakening Good Democrats, as well as real Republicans are awakening to the peril of a third party movement and are exhorting their brethren to stand fast for fundamentals. James W. Ger- ard, former Ambassador to Germany, \ under President Wilson, recently called on the voters \to fight “a third party peril,” and it is reported conservative school do not intend to permit the radicals in Go forth brother and emulate the Boy Scouts. | the senate to have their way in framing the in- come tax measure. _ They propose in the main Do Your Part The president’s advice to the Daughters of to support the sane recommendations of Secre- y Mellon, although they will insist on certain modifications and will “beat: the air” a little the Revolution to register and vote, and to take! in debating the bill. part in public affairs, was sound. It applies | Ever since the vote in- the house of represen- not only to the Daughters, but to all women {atives which confirmed Representative Sol alike, and to men who in the past have been neg- | Bloom, of the nineteenth New York district, as ligent in these regards. | Democratic representative from that state, and ‘We feel certain that if the men and women turned thumbs down for Mr. Chandler, the Re- generally had been more devoted to their coun-} publican contestant, thus placing ‘the state of try and its best interests in the past the situa-|New York in the’ Democratic column, should tion that exists today in public affairs would have been made impossible. There is no excel- Jence without some effort and no liberty without eternal. vigilance. The: president told the Daugh- ters, and what he said will bear much repetition and performance need not entail neglect of fam- ily and interest in the home: “Every voter ought not merely te vote, but to vote under the inspiration of a high purpose to serve the nation. It has been calculated that in most elections only about half of those en- titled to vote actually exercise their franchise What is worse, a considerable part of those whe neglect to vote do it because of a curious as- sumption of superiority-to this elementary duty of the citizen. They presume to be rather too good, too exclusive, to soil their hands with the work of politics. “Such an attitude cannot too vigorously be condemned. Popular government is facing one} of the difficult phases of the perpetual trial to} which it always has been and always will be| subjected. It needs the support of every ele ment of patriotism, intelligence and capacity that can be summoned. “I suppose that even among the Daughters of the American Revolution there are some women ; who sincerely feel that it is unbecoming of their sex to take an active part in politics. It is a little difficult to comprehend how such an at- titude could be maintained as this and _ suffi- ciently interested in the society to participate in its work. “Nevertheless there are such and to them I want especially to direct an appeal for a differ- ent attitude toward the obligations of the voter. IT am much less concerned for what party, what policies and what candidates you vote than that you shall vote, and that you shall represent con- viction. When an enlightened electorate acts I have no fear of the result.” Directing Their Own Salvation The American farmers have recognized the fact that it is impossible for any federal or state authority to legislate prosperity into the busi- ness of farming. These authorities may be ause- ful in aiding agriculture out of depression, but the heft of work of regaining prosperity and suc- cess depends upon themselves. They have already seen the necessity, in the agricultural and avheat states, of diversifying their crops and not de- pending upon one crop alone, especially as re- gards the wheat crop. In the great middle west, in the Dakotas, Nebraska, Kansas and other states of the west and northwest the most suc. cessful farmers and ranchers are the ones who have devoted thei ttention to growing what- ever would thrive in their locality and putting | the crops in use or sale in the immediate local- the feeding of livestock in connection with their farming operations, and shipping the | finished product to market instead of the raw} materials The ity, or icultural department has recently -pub- lished a crop outlook report for the coming season in which it is shown that there is a ve material lessening of the acreage of wheat and | other small grains and an finer other ase in ‘the. presidential election be thrown into the house, as provided for by the constitution, the Democrats in both houses have evinced a desire to sheer away from their allies. The Democrats in the senate were somewhat loath to join forces with the radicals when they elected Smith of South Carolina chairman of the committee on inter-state commerce. ‘They regarded it as an empty victory which might eventuate in unsought responsibiliti and it is said that they have requested ceed with the utmost caution as chairman, At jall events, Smith has been exceedingly quiet | sinco he was placed at the head of a | which is, nominal! ut least, Republican. Moreover, it is reported that the Demecrats | have been apprised of a scheme which the radi- cals have on foot of compelling the election of all committee chairmen from the-floor, the sen- iority custom ‘to be abolished. It is said this plan will be tried out when congress nieets next December, But the Democrats have high |hopes of capturing the sixty-ninth congress, and should the results of November meet h their expectations they would naturally recoil from any such plan, since the old line southerners with their seniority standing, would be eligible for the chairmanships if precedent. is continued, Hence, the alliance between Democrats and radicals, which for the past few months has been so strong, is likely to weaken considerably in the next few weeks. The Democrats feel that they can out of the alliance, anyhow, and they also realize that it is not just the sort of politi- cal capital that is apt to prove helpful. The hot chestnuts have burned their fingers. Tt will be fortunate if the Democrats suc- ceed in breaking away from their radical asso- ciates. <A two-party struggle, with the issues well defined is best for the country and enables the voters to express definitely their wishes respecting administrative and legislative poli- cles. The marplots in politics should be isolated. Make It an Issue Many of the Democratic brethren, who are free traders or opposed to protection, which largely amounts to the same thing, have been urging that the Fordney-McCumber tariff mea- sure of 1922 be made the great issue in the presi- dential campaign that is to be fought out this of Cordell Hull, chairman of the Democratic national committee and representative in con gress from the fourth Tennessee district. We should like to see it gratified. The existing tariff has accomplished more than _ protectionists claimed for it. The disorganized condition of for. eign exchange has made it easy for certain for- eign countries to get their goods in here in larg- er measure than was expected but gradually this. is sure to be remedied. Where freetraders | said that the new tariff act would greatly ro- strict imports, it has permitted of an enormous increase of imports, instead; and where ‘hey too, have substantially increased, crops, in dairying, and in sheep and poultry raising. More corn will be raised, more alfalfa, | more soy beans and more clover for seed. All| of these last named crops, together with some | others whose acreage will be increased, can be | fed to cattle, horses, swine and sheep and thus | farmers will not be wholly de ndent upon the sale of their crops, but can also sell the live stock which they raise. } The farmers’ best plan is to produce for the home market and not expressly for export. Even more important is it that they should see to it that the policy of adequate tariff protection is continued in ferce, They cgnnot sail to realize of industry swung, wide for the entry of idle American workmen, because of preferences cre- they have made about all the political capital |overcapitatizea or said it would hinder, if not prevent exports, these | distribution and. is an Che Casper Daily Oh, McAdoo, Oh, McAdoo, ~ How very through you are! How, unbegun, the race is done, ‘Ere we have cranked the car! —Philadelphia North yAmerican. The Democratic organs that weré so ‘loud in their demands , that Daugherty be crucified without: | Bearing, are just as loudly demand: ing’ that Judgment be suspended in the case of Senator Wheeler; The ownership of the ox continues to cut’ quite a figure in the case-— Omaha Bee, Senators who devote most of their time to finding flaws and frailties in thelr own government are strik, ingly suggestive of those hairy ancestors who spent the chief part of their existence in picking fleas off. of . themselves.—Los ‘Times., We do not wish to do, Senator Couzens injustice, but, as we under- stand it, his chief claim to fame is that he knew enough to invest his money in “Uncle Henry". Ford's. Heavy investments of new capital must be made in the railways of the United States during the next few years if they are to be In a position jefficiently to handle their growing traffic, It is to be hoped that a large pro- portion of these new capital require. ments can be obtained through the sale of stock. During recent years much the greater part of the new capital going into the railways has been in the form of incre: in- ‘debtedness, but. govd. earnings, —re- ‘sulting in enlarged dividends, or in initial dividends, have gone far to- ward putting the markets in a re- lceptive mood toward issues of ad- ditional stock. The inability of the roads to sell néw stock during the past few years and the consequent increases in the proportion of debt to total capitaliza- tion were the outward manifesta- tions of the’ difficulties under which the ‘railroads were laUoring, ‘The psychology of several year's of’ poor earings, depretfated condition of the raflroad plant as a result of |inadequate maintenance during the | Period of government operation and uncertainty as to government action toward the railways kept the market Prices of all railway securities low. The first, two factors now have been in good measure overcome, earnings since 1921 have shown a steady increase. so that, while not equal to the prewar level, in the case of most roads they are great enough to leave something for the sharehold- ers after the payment of fixed jcharges. The shortage in new con- struction which accumulated during the period has not been made up en- tirely, but the rolling stock of the railroads js now in excellent cond! tion. i : The third factor 1s yet to be re- ckoned with. The agitation against the railroads and against the, Trans- portation Act seems to have lessened somewhat in intensity, but it still weight in the stock market. If congress were to cast aside the pro- | vision of the transportation acts of 1920 which assures the roads a fair return and order a horizontal cut of freight rates regardless of the effect jon the roads and the quality, of ser- |v¥ice which they would be able: to render, the position of the roads | would be made tntolerably difficult The only alternative for many’ of them would be receivership or gov. ernment operation. While the valuations set on’ the ads by the Interstate Commerce Commission are conservative on the basis of replacement value, never- ‘theless railway executives feel that | with the rates based on. these. valua- | tons assured most of the railroads could carn fair returns on» their securities, The exceptions tht be | those few roads which are ‘heavily certain roads which are hampered™by comparatjye- ly low freight rates on commodities which make up a large part of their traffic, or roads on which operating costs are particularly high: Net railway operating income dur- ing 1923 was the largest for any year excepting 1916, which .{t-was more than one billion dollars. The rate of return earned.on the invest- ment in 1923, however, was not so large as in either 1916 or 1917, on account of the greater investment on which the return was computed, Neverthele: not for dividends was larger in 1923 than for several years past and has shown a steady: tn: crease since 1921, the first complete year of private operation since the war, Assuming fair business for 1924 the outlook is promising. The return earned in January was smaller than year. This desire seems to be strong in the mind | in January 1923, but the report for February showed a substantial in: crease in earnings not only over February of last year, but also over January of both this year and last. {The general opinion setms to be that the traffic carried by the rall- roads will be about as heavy this | year as last. Freight rates are at a | slightly lower level. There should |be some reduction In expenditures | for maintenance. ‘The country ts dependent upon the railroads; inadequate and” ineffic fent transportation hampers in- dustry by slowing up production and important {though not generally recognized. fac The the enactment of the new tariff, the doors | ‘er 10 bringing about inflation and jcredit strain, Adequate service re quires as. a prerequisite adequate equipment, which means that equip ated for home products. The pay of labor in the|ment and facilities must expand to United States was never higher than at pres: ent. There is very little unemployment, labor fs well paid and contented, the country is unus- ually prosperous, The mischievous and mislead ing statements free-traders will be sure to put out against the wisdom and operation of the existing adequate protective tariff will not avail, Protection and prosperity will continue. By all means let the leading issue of the cam- paign be-tariff protection versus fre-trade! keep pace with increasing popula- tion and traffic that 1s increasing even more rapidly. Adequacy of railway service dur. ing the coming years, as traffic grows, will depend more gnd more ————— Mountain View Suburb has built in 9 Random Newspaper Opinion for the job and drew it out.—Marion Star, [something wrong with [every department of the govern- Future Railroad Requirements Cribune decide with their votes the ques: tions of the hour are dodging the draft of an obvious clyic duty.— Kansas City Post. Japan may take her case to ihe League of Nations—which, it will be recalled, is one of the suspicions entertained over here when we de stay out.—Washington devil-wagon, but got a trifle too big | Senntor Heflin is right. There is “nearly If the investigations at Washing- ton keep up long enough, Doc Cook will be out of jail and then Senator Wheeler can call him to the stand. —Fort Wayne Sentinel. Offices that ought to be hela by Democrats gre in the pos- session of Republicans. — Toledo ‘There's another certainty about taxes; they are never paid by the man who sells the goods, but always by the man who buys.—Marfon Star. ting sta- A couple of old ofl derricks would make’ appropriate towers on which to ‘stretch the’ antennae. Fort, Wayne Sentinel. For once it proved too big .a Mellon for the Democrats to cut.— New York Herald-Tribune. ——_—_— ‘The United States must maintain @ merchant marine. It can not per- mit {ts shipping business to fall back into the condition in which the opening of the World war found it. —Portland Telegram. LINES and POSES The atitude of some of our patriots, if we get them straight, is that they don't give a’dern how many taxpayers t! bankrupt if they can only sting" Mr. Mellon.— Columbia Record. by Those who fail to ‘meet the re- ME sponsibility, of government and help| #°W lovely are the roads in Call fornia; For endless hourse on pavement you may ride. But if you do—I take this chance to warn you— They'll fumigate you with formal- on the amount of funds available for hi i bd investment in expansion of facilities. It 4s essential that the roads be per-| mitted to earn return that will as- sure a fair‘m@Pgin of safety to the The youthful bridegroom starts his wedding trip, And cn the seat beside him sits his bride. investor in railway securities. It is 7 on these terms alone that investors} Al® ‘Hey Mttle Know that every can, be persuaded to place new funds in ‘the railroads. If they do not] Wil soon epi ad Se ng have this assurance, they will invest their funds in securities which can promise safety and a fair return. ‘The Transportation Act adopted in 1920 marked the beginning of a new era in the attitude of the govern- ment toward the railroads. It de- finitely recognized that adequate transportation service is dependent on a fair financial return to the roads, and provided for a rate level under which it could be earned. The general prosperity ef the country, bringing with it record traffic, and efficiency and economies in manage- ment, have brought the railroads to a position where their outlook is the brightest in years. Under the Trans- portation Act a steadily growing vol- ume of traffic and continued effic- lent and economical management will improve the market for railway securities. ¢ = All ‘tourists come to county lines with dread, And then, although they scoff and though they childe, ‘Til they've been sprayed with sweet formaldehyde. She—"Time flies.” He—“I can't time ‘em. They are too ‘fast for me." The Hard Job Query—"Don't you find it ex- tremely difficult to get work for the unemploye East Terraces is only a short distance from business center. THURSDAY, MAY 1, 1924. really|the “LetGeorge-Do-It" system—only x they haven't any George. Weary—‘Oh, yes, but t! big problem is to try to get work out of the employed.” <x Headlint n law for ‘The main trouble with most city governments is that they are run on “Man Sues Mother-in- 25,000." Another candidate for g gold medal for heroism. Safe Family Taxatye lore aol day efce ue ett, Ti aera relict and lessen head- aches and conges' things, and more and more are taking: Dr. Caldwell’s Syrup Pep- her d sin. Over 10 million bottles were + pesself You ‘Want polit hea dar ne ra Buyis “Syrup Pepsin,” 517 Washington St., Monticello, Hilinois. T need @ good lazalize and would like to prove what ‘ist and ‘about Dr, Caldiwell’s Pepsin by actual test. 3R die the nd buy Ferre tral belies, Addreseto less than a cent a dose. You will see how much more Ke oe SHOES. — SHOES SHOES ALL NEW GOODS BOUGHT IN 1823 Ladies’ and Children’s Shoes_all this week at one-half price. Re- gardlees of cost 1500 pairs must go this week. Don't miss this sale Opens Tuesday, Ending Saturday Eventing. BEEMAN MERCANTILE CO. | Corner Second and Elk Streets. Uy, eT 2. + 1 wl Ni The only clothes in designed America , tailored and sold as a safe and sound \ : investment in good appearance Kuppenheimer . GOOD CLOTHES Copyright 1924 The House of Kuppenhelmer Campbell-Johnson Co. HEAD TO FOOT CLOTHIERS