The evening world. Newspaper, September 24, 1920, Page 34

Issues of bonds at rates never before without adtancing interest rales to have the small investor and the saver the diversion of funds from the mort- market to security issues paying higher in- ? has the Increased return gone to large investors in savings bank stock? Isn't Mr. Woodworth speaking once for the de- positor and twice for the bank? . PRICES sre om the down ae tat J Reports from all over the country and In ‘many lines of business indicate that the wise bus IF WORDS LEAGUED WITH FACTS! i" HIS. telegram to the Chairman of the Com- , mittee on Arrangements for a Republican Jubi- lation meeting at Bangor, Me., Senator Harding ys: “Lat us all remember that victory must not be celebrated because of the acquisition of power, but with » full sense of our responstbil- ity to all the American people, and with a sense of devoted and loyal readiness to serve America in the tasks*before us with deeds rather than words.” : This Is the candidate whose “sense of responsi- bility to all the American people” Is such that ‘he Is ready to outrage the deepest patriotic Instincts and desires of a majority of them by keeping the United States out of the most progressive partnership civi- lized nations have yet found for the prevention of war. This Is the candidate whose “devoted and loyal “readiness to serye America” takes the form of re puliating the pledge and purpose of Americans who devotedly and loyally laid down thelr lives in the belief that their country would use thelr sacrifice in the sacred service of world peace. This is the candidate who rates peace and progress as nothing compared with the Immediate job of trys ing to put a Republican Senatorial oligarchy in con- trol of the Government of the United States. “Deeds rather than words!” HA any candidate for the Presidency ever used and misused more words in a desperate attempt to turn the eyes of Americans from deeds and facts? Last Monday the Council of the League of Na- tlons brought to a successful conclusion in Paris an effort to induce two nations to stop fighting and agree to mediation, That was a great DEED, It was a deed'that utterly confuted and confounded the WORDS—the LYING WORDS—with which, on the same day, the Republican candidate for the Presidency of the United States was trying to per- suade Americans that the League of Nations Is im- potent and useless, “Deeds rather than words!” ‘A noble motto for a candidate who thinks he can KILL WITH WORDS an actual, functioning league of thirty-seven nations already fulfilling its purpose by arrésting wars and removing the causes of war! The Senator {s the last man In the country to speak slightingly of words, If WORDS formed a binding league with FACTS, what would THAT LEAGUE do to HARDING! “@nough to convince the public that no more may be _ } @xpected for some time to come are the better policy. 1 Ford was wise enough to sense this. While ae factories are waiting for orders, Ford will be | ble to do business because customers are sure that ‘no further price reduction will be made, "This is the direction business must take. The fat “profits of a rising market are past. It 1s better to take the loss of the falling market all at once and then go ahead full speed than to lose gradually and finish with production at a standstill. The path of courage is the way to eventual profit. : WHY NOT BOTH? 4] DO not oppose an executive budget, but T do not favor adopting one until we can what can be accomplished under the * it plan by thorough co-operation between _ the Governor and the Legislature,” This extraordinary remark from the speech of § aceptance by Judge Miller is a good reason for not ‘decting him. = mit is a remark to please the polltictans, but should appeal to voters or taxpayers. - “Thorough co-operation between the Governor Ful the Legislature” is an admirable ambition, But, _} Gan Judge Miller give one reason why New York the co-operation Judge Miller hopes for. ov. Smith has tried to get both these and a general a budget. New York needs every aid to, tat holes in the Treasury which cause waste funds. Judge Miller’s suggestion smacks ving at the spigot and wasting at the bung- _ THE KANGAROO TICKET. MONG the humors of the campaign ts . the ardent support which the New York 5 al Tribune gives to Calvin Coolidge. Yesterday | _\ ft printed the usual quotation from the Gover | nor of Massachusetts and devoted more space - to comment on the admirably thrifty wardrobe of the Bay State Efecutive, NA ‘The Kangaroo character of the Republican ticket must indeed be a bitter pill to the ‘) Tribune. A daily quotation from the public - Yeoord of the head of the ticket wouldn't do | 5 -at all. Harding was only one of the “Me“To0” > group in the Senate, Samuel Shortridge, candidate for the United States Senate from California, told the Repub Hican State Convention in Sacramento the other day that he had been conaistently op posed to Wilsonism “ever since the Wilson Tariff Bill of 1893," . In mixing up Woodrow Wilson with Con- gressman Wilson of Grover Cleveland's day— & Congressman who has long been dead—o one can doubt that Mr, Shortridge has quall- fied to ait in the Senate with those who find flaws in the Covenant of what they call a “Wilson League of Nations.” But it is dif ficult to believe that the Californians are so shortaighted as to give him a chance, TWICE OVERS. IIERE are just four nations who are out of the League and they are an interesting quartet Bolshevik Russia, revolutionary Mexico, unspeakable Turkey and the United States of America,” —Frank- lin D. Roosevelt, 3 Most of the pre-nomination remarks of the 3 Republican standard-bearer could best be ex- ei WHOSE. CHAMPION? pressed by ditto marks. 4 4 4 MALL investors, savings depositors and the “ec : “widows and orphans” never lack volunteer Whampions when laws to regulate financial institu- efions are under consideration. its, Leo Day Woodworth, Secretary of the Savings BH ) Bank Section of the American Banking Association % : pand Secretary-Treasurer of the New York State Tax Association, volunteers this solemn warning to the F New York Legislature: E> “The Vills introduced, other than a few re. visions of the legal relations between landlord and tenant, relate to the whole body of pri- at vate finance more than is generally appreci- hi ated.* ® Housing conditions have led to a redrawing of the Sline of demarcation between public and private finance. Most of the bills introduced are intended fo “relate to” the sort of “private finance’ which the ‘“leasters,” gougers and rent profiteers have Ppractised. ah Oné of the measures the savings bank lobby is a “Renting would require savings banks to loan a larger Proportion of their capital on real estate mortgages. Here is where we arg expected to weep for the small investor and saver. 1 PP" tt woult be interesting fo know the effect such a daw might have on savings Wank earnings, It would 7 to know how many banks have been 66 TIVAE housing and transportation problems are the direct result of the war. During the war the production of war necessities was made at the ex- pense of both. Having suffered more than any other branches, housing and transportation are now our most pressing difficulties, I think it will help but little for individual cities to cope with either transportation or housing. The result af such an effort would probably be fo create competition between various cities, thus de- Seating the move, “A national commission, | think, should be created at once lo handle these problems on a national scale,” — Herbert Hoover. . . . ce 'Y husband stole cookies from the baby." — Chicago Divorce Petitioner, . * * 4 “é Tis Governmer:t never sleeps and it never quits.” —Chief Flynn of the Secret Service. What kind of letter do you find most readable? Isn't it the one that gives you the worth of a thousand worda in a couple of hundred? There ta fine mental exercise and a lot of satisfaction in trying to say much in a few words, Take Permit me to extend my heartfelt felloitations to The Evening World My enthuslasm was unbounded when, upon perusal of The Evening World of Saturday, I found, in tmmodiate re- sponse to my correspondence of the tenth, the complete text of the League covenant. One of the surest signs of democ- racy and progressivism in an organ- jzed Institution t# when its heads listen to the advice of an outsider 4nd act upon It, Such has been the policy of The Evening World, aad now It has been impressed upon my mind that your paper is the fairest, mont broud-minded dally periodical 1 have ever read, May I suggest that you challenge all the newspapers in| the city that are opponents of the League to follow your trail and pub lish the text of the covenant? They probably will pay no attention, for they dare not do it. Allow me again, air, to congratulate you. AUREA MEDIOCRITAS. Now York City, Sept. 20, 1920, A Dinwanted Landlord, ‘To the Biiioe of The Evening World: Why not play fair with owners of apartment houses who lost for years when there were more vacant apart- menta than tenants? Alwo, why not curb increased taxes, increased Interest on mort in creased d sbursement surance, increased creased wages? Sup cent. or more higher than before. Judges on the bench are only working for thelr own gelfish politi- cal ambitions. : Who houses {d apartment Ty ihe alton of TH In your issue of Sept. 20 you printed a letter from "A Teacher,” Aftor reading it through I came to the conclusion that if all teachers were as narrow-minded as she seems to be they would not be worth even the mininum $14.371-3 she mentions, if thoy were Lo instil the same snobblad- noss Into our children, However, as a whole, toachera are usually intelligent and well informed, ve the in- uid stay pul amd they certainly 4 crease, and the raise Now ua to mechanics. If “teacher” were to work a day with heavy wools and material beailes braius, ef Joutside of the time to be brief. that trade and others is worth more than the effort one expends on desk job I am o draughtsman now, #0 there- fore know what I am writing about. If a certain carpenter is drawing a regular $7 umay rest as- to working more over- for him and is ume than is go really earning the money “A Teacher" should broaden her point and look at life from all Angles, not from the exalted pinnacle | of the college “frats,” and she would | b rth more to the w ing and the Car Man. of The Evening World Will you please publish this letter | for'the benetit of D. A” and the | public? Why do people think that a con- ductor on the #. 1k. T. doow not need bruins? Listen to thist 1am a pub- | lio school graduate and also have! two years’ high school and Dusiness training After serving in tho army for three | years and iving an honorable dis- | charge, I 1 ely returned to my former’ pe ch was a clerk house, Betas used to an yund it lin. possible to work in an office and I secured & position ax conductor on the BR. T After working seven days for noth- ing T qualified and was able t ory Instanc , dd above a r and pencil work. How about making ehany ft ar bills and various other ¢ inations of 1 D, A.” have to mak ® cards, money carry six or seven different kinds of transfers and we must know which transfers to issue on certain lines and Listen, you ride on a at (when the striki Gaten A will be at not only takes plenty and grit but it also takes brain HARRY Lit 2 " » to convince of man-power Brooklyn, Sept Mindires To the BAitor of Th Ater the terrible disas ourred on Wall the Investigat work of 4 bo © which oc- and Hroad Streets n proves it to be the t laced in a Wagon gan Building, Mor sure sho would feo] entitied to a larger recompense than ifs! us} Bat at a desk all day and ta dren the mysterics of The tmekbene and f Joountry are in its lat Uon, and “teacher she says her y fa produc- is wrong when , years work as a carpenter convinced me that the phys- 4 ance, and | has rnment jon to the doe and dey to the| above Inst to some minor remus ric is moré dmgortant! I think, as an who was born nervy American citizen, here and has seen lution There and tien, for In H js entirely too much time money wasted on Prohibition and mental effort one uses in enforvement and none at all in com-! Brooklyn, Sept. $1. “HD. A.” know that on some | ping ¢ | ut Short on Luxuries, but Doing Well! By Jon Cassel UNCOMMON SENSE By John Blake (Coprrignt, 1920, by the Mell Ayndicate, Ine.) LEARN HOW BEFORE» YOU Nearly a million moving pictuee play scenarios are sent to producers in this country every montn, Ninety-nine per cent. of them are wholly worthless. Of the remaining 1 per cent, a few have merit and can be made into, something. These are written by the people who have learned how to write scenarios, And if there hap- pens to be a need for them they are accepted. The moving picture business, more than anything else, has demonstrated how little people know about the work that they confidently try to do, The large part of the scenario writers think that be- cause they have scen plays they can write them. As well might they think titey could build a locomotive because they have seen one puss. - If you happen to be one of the thousand whd want to write photoplays, learn how to write them before you begin. Get the instruction from people who know how to write them, Then, when you have mastered the mechanics of: the job, you will be able to find out if you can really do what you are trying to do, Until you learn how the thing is done you will never know whether you have the ability or not. This rule applies to aiaiviiog tnat people do, With- out learning the trade or the profession achievement is im- possible, no matter how much talgnt that person who tries to do something may possess, : Perhaps play writing and photoplay writing attract more clumsy and unskilled effort than anything else. But all achievement is likely to be attempted without prepara- tion, : BEGIN. And that is the reason\ why ninety-nine out of a hun- dred men and women fail, They see the reward without understanding the effort. They imagine that training is merely a waste of time, when as a matter of fact it is abso- lutely essential to the accomplishment of anything that is worth accomplishing. 4 parison to a eanse which ts fast grip- | our Government which we| fought for Iam not tn the habit of drinking, ny motty Is, “To hell with Pro- on.” “That's a Fact” By Albert P. Southwick ° entrate all efforts to ever- throw Bolsheviem In our great coun- try AN AMERICAN, FIRST, LAST AND ALWAYS.| ome year 1866 may be called the of “dreamers.” W. M. C, Kin began to plan a great bridge to nect New York and Brooklyn, inu ¢ Glad te Ad- Public Libraries ¥ Vo the Bditer of The Brening World. 1am wring to you In the hopes of securing the following information: Can you tell me where and how I can get a “whole tot” of reading material en Shipping, Storage, Bond- ed Goods Customs, &c,, @c.; alee how different counteles do business, 1 am in the steamship business (working along the water front) and hear of these things #0 muoh, but understand ttle or nothing about them. I am going to follow up this game and therefore don't want to be| J listening to the wine birls that 1] res! come in eontact with who brag that they forgot more than /M ever “G, P.O wie Se engineer, opened to the public, see saw tn his “mind's eye" the nm, 3, 1898, . Srasienraee i Meek (eit. esting John A. Koebling and his gon, t and other influential the work was begun, the Aest wire was run acromm in 1876 and, seven years later, the Bridge wan When Kingsley began thinking of the Bridge, Andrew H. Greeu, culled! “Tha Father of Greater New York,” inion of New York, Brooklyn, Staten Island and the Bronx, and advocated that interest for thirly-two years until oa a his dream became @ y. A few months later, on his! sotenty-sixth birthday, a gold meda'e Was peweuted to him at the Ciy) Neiera of appreciation of ity nS ipaely pe ; Primer of the League of Nations am This inatalment, the third, deala with the legistative and executive: Dodies of the League, the Assem- Diy and the Council, their member~ Ahip and voting powers. Question—iiow is the Assembly of the League constituted? Answer—Representation in the Am sembly {s provided for in Article & which says the Assembly shall oon- alst of representatives of members of the League; that at meetings of the Assembly each member shall have one vote and may not have more than three re tatives. Q.—With Great Britein, her four Dominions, Australia, South Africa, Canada and New Zealand, and her colony, India, cach @ member of the Assembly, would not the British Empire have se votes in the Assembly to the one of the United States? A.—On the face of the question, yews on the facts, NO. The facts are aw follow: (1) The representatives of the four Dominions will be appointed and im« structed by their own Cabinet govern~ ments. Great Britain has no power of compulsion over them. (2) The only vote of the pve votes, which Great Britain arbitrarily com- trols is that of India. (3) The United States, through treaties and agreements, exercises & practical protectorate over five small American Republica—Cuba, Panama, the Dominican Republic, Nicaragua and Hayti—each @ member of the As sembly, and has a firmer assurance of thelr votes than Great Britain has of Me votes of het four Dominions., On this basis the voting strength of Great Britain and Its colontes and the United States and its protectorates would be equal, alx to six, (4) In matters before the Assembly affecting purely Hritish or purely American Interests It is assumed that the votes of the British Empire and the American votes would be cast solidly. With fourteen American Re- publics now reprevented in the Ag. sembly, the relative voting power of the two Interests, on this basis, would be: British, six; American Qf the United States wero @ fifteen, (5) Tho most important fact of all that, although the Assembly may at its meetings with any matter within the sphere of action of the League or affecting the peace of the world, as provided in Article 3, It dose not control either the policy or the actions of the League. Q-—-What ts the Council of the Leaguer A—The Council is the governing body of the League. Article 4 of the Covenant prevides that the Council shall consist of reps rosentatives of the United States America, 6f the British Empire, France, of Italy and Japan, with reps resentatives of four other members of the League, (This clause gives the five Powers named permanent repree sentation in the Council.) Q.—How are members chosen? the other four A.—By tho Assembly from time te time in Its discretion, (The intention ig to rotate these memberships among the smaller nations.) The present four members are Bélgium, Brasil, Greece and Spain. Q.—Can the Council increase its membership? A—Yos; with the approval of a ma- Jority of the League it may name ad- ditional members of the League whose representatives shall always be mem~- bers of the Council (This opens the way for somg of the larger nations to lorms of equality with the United States, Great Britain, Franoe, Ltaly and Japan, the “Big Five,” a8 permanent members of the Council.) In like manner the Council may increase the number of membera of the League to be selected by the Assembly for representation onthe Council,” (Article 4.) In addition, any member of the le ue Hot represented on ¢ Coun- cil shall be invited to send “A repre- sentative to sit ay a member at any meeting of the Counell during the consideration of matters speatally af- fecting the interests of that member of the League. ne Q-—What matters Counctl dead witht may the A.—Like the Assembly, the Counel! may deal with any matters within the sphere of the League or affecting the peace of the world. Q—How many votes member of the Council? A.—Each member has ono vote and no member of the League may have jmoore than one representauive om the Council (Articie 4) has @ Q by yohat vote are deoistons arrived at in the Assembdi, the Council, “? A Mxcet | where othorwise ex ressly provided, ani presaly, Bre ¥ unanimous vot, The next instalment wolth @ continuation “of Freie. tione of the Assembly and the uncu, Beoretariat and die SLL eee Sy