Kossuth County Advance from Algona, Iowa on September 1, 1932 · Page 4
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Kossuth County Advance from Algona, Iowa · Page 4

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Algona, Iowa
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Thursday, September 1, 1932
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f" ' ...T.V.'., r -st A '> v • ^ ? ..n^H^'^ '><tf^iv/n?v f i^^?i\v« • - , v J- : lx "< - r ''-«--.' % "•• \^y <-X*V^ w*/^^ te* ^,T*« lUu&rtfttUJtt ftft&j^taitii., ^.«, ^ o ^ ;^:**j&&i&&fe . y »NTBRED AS 'SECOND matter December 31, IMS, At 1 the of March 2, I Algona, in 2, 1879. . Iowa, under the WHAT 18 MEAWT B* SOUS!); A»» UNSOUND MOjfRTl IV. Toil say that In 1896 there was a by the democrats for un- Please explain what sound and unsound «eund money, jl» meant by Ssnoney.' This is the fourth interrogatory In •the questionnaire submitted by ! *Henry E. Schroeder, Lakota, rela- 'tlve 'to the Kossuth , -Courtly State 'Jjank greenbacks story. Tt was the Bryan wing of the •democratic party which the Advance in mind, ae the context shows. celved R. B*. C. h«tp, and thews batiks lierre more than 16,060,606 out I bT'the 40.006.00p depositors in the United .States. More banks in Iowa have been helped, ,than in any othfer state exc«bl l lIUnola.' , Altogether the R. P. C., In \ta first si* months ending July 31, lent 11,219,000,000. Some of the Item* were: bahka and trust companies, $736,000,000; railroads, $230,000,000; 73 insurance companies, $67.000,000; 60 mortgage loan companies, $Sl(.f 000,000; federal land banks, $26,000,000. Besides, 600,000. farmers got $65,000,000 from the secretary of agriculture. . . •How can anyone of sense, In the face of thia record. fall to realize that you cannot dump such a vast sum Into the country's financial channels without Indirectly reaching every man? Is there no way to make men see that they are being' helped without stuffing money into their pockets? ' What becomes of this money? Do the. Institutions that get it lock, it up? The question is absurd. They eg paid by the lewa farmef in June was ill pet tent of pre-war. Oft th« basis of « per cent of pre-war received, tnfif'gttve hltn 'a 'ptifeh^slnlf power of 44.1 per cent as compared with the period Of 1»16*>14, ,- ; VHa wbtifdnV 1 strike 1 , ' even -if blindly and futltely, in view of such conditions? ^here was another wing of the dem- do not! In ten thousand devious -ocratic party in 1896, the gold Standard wing, and its candidate for -president was Palmer. • Bryan was for free coinage of sil- TCT by this country alone at the :ratio of 16 to 1, meaning that 16 "023. of silver and one ounce of gold tshould be equivalents in "value. Free "•coinage meant that anyone could "take silver to the mint and have It -coined into dollars without charge. "We had free coinage of gold in 1896, -tout not free coinage of silver. ' For a number of reasons sil- ~ver had for many years Been de- •clining in value. The country had ljust finished a 20-year period of ex- >perimenting in an attempt to rehabilitate the price. Thus was such a -disastrous failure that Cleveland -Tiad to sell bonds several times to •obtain gold for the required treasury reserve. Uryan's proposed ratio was above the silver market; that ifi, in the •bullion markets an ounce o-£ gold -would tmy more than 16 ozs. of sil- rtfer. According to the World Al- roanac, the average market ratio of •sold to silver in 1S96 was 30.66 to 1. Bryan thought that if we had free •coinage of .silver the .demand for -coinage would raise the price till tsold and silver became equivalents; Vbut the previous history of money ••both in this country and abroad Showed that he was mistaken. Free coinage of both metals bad been tried time and again, and always -•with the same result: the ratio •would not stay put: one metal be- ways It goes out into the hands of the people, though they know it not. Not a man, woman, or child in tho U. S. A. but reaps the benefits. The truth is that -but for the R. F. C. great banks In New York, Chicago, and other metropolitan centers stood a chance of going down and dragging innumerable hanks in smaller cities and towns with them; that life, insurance companies holding billions of the people's savings faced insolvency; that mortgage loan companies were in danger of receiverships with all that that would have meant in foreclosures; that great railroad systems might have gone to the wall; that a Black Friday threatened beside which that of 1869 would have, paled into insignificance; that, in short, a general debacle Impended such as the world has never known. And in the background lurked that menace to which desperate men turn In despair — revolution, civil war, communism! THE R. F. C., THE 1UG FRY, A>'I) THE SMALL FRY AVe read in last week's issue of the Rlngsted Dispatch: "Dawes found the corner, when the R. 'F. C. lent him millions of dollars. This country is composed of millions of farmers and laborers, the 'small fry' who pay the taxes in this country. The 'big fry' composed of the Morgans and the Dawes's secure the cream, while the rest get the -skimmed milk." Editor An- Timely topics Some recent developments • Indicate that the well known corner has at last been turned. But, If so, let no one expect that we are aibout to ascend at one jump from the dumps of midsummer, 1932, to the prosper' fty of the spring of 1929. The'pro- cess of recovering from a major depression doesn't work that fast. Just hold your horses and wait a while yet. ' been ». « , ,«nd in the Mf ht,ttf , , fact we think that wnoeVer.W **- sponrtble • for attempt tb resist, the MtWhif <*rttt«n»*n?*«.tt (pursuing .'a' much mistaken policy f ,- -. : ' if i"}" 1 '. '"""" V ,, '5 ",HS v feeling 'that the'depreiwlon. is' at tast wantpg and good times' ar* on the way seems justified. Pop six consecutive weeks there has been noticeable progress, and that In the dullest season of the year. All depressions end sometime, and by all the signs this one Is on the way out. • The long drawn out Walker hearing has cost Governor . Roosevelt nearly all the political 'benefit which bis partisans expected to accrue from prompt dismissal of the mayor. The result has long been forecast, and the country Is now tired of thes case. All that will be left to the Governor will be the sore spots In the mayor's following. "Ding's" recent cartoon picturing .the direct primary as a noxious, weed which the gardeners ought to | eradicate confirms a suspicion which has been growing since the Chicago G. O. P. convention that with the acquisition of .fame and wealth he has got out of step with the common people. The state fair's recently staged .train wreck served to arouse crlti-. cfsm both as an example of waste and an exhibition little calculated to elevate spectators. Oldtlmers may recall that a similar event 25 or 30 years ago provoked like'protest. But there'-was a great nrowd and that's what counted fair's management. to see it, with the Alfred Wallen, farmer near Brltt, has received a letter from his sister in Sweden which tells of the same hard times agriculturally there as here. The letter didn't say, but presumably the sister is just as logical as farmers and many others in this country.and therefore will not vote for Hoover this fall. 'Since July 1 price rises have added nearly a bijlion dollars to the value of this country's agricultural A Few Plain Words for a Butter-in [Bmmetsburg Reporter.] We are in receipt of a marked copy of the Forest City 'Summit of August 4. The article for our special reading was an editorial in which the editor of the Summit goes out of'his way and reaches Into a neighboring senatorial district in an Attempt to injure the candidacy, of Senator Geo.' W. Patterson'i A man.'with-as many enemies as Patterson certainly must be worth while." It seems that he must not only fight his battles in his home district, but must also battle opponents all over the state. The animosity to Patterson, when analyzed, appears natural. For years he has been prominently Identified with state legislation designed to help the farmer and to transfer some of the cost of government to the shoulders of those making big incomes. Activities of this kind are bound to stir up animosity ..from those whose pocketbooks may be touched The Forest City article is tame corn- products. Very well. Now that we have begun to swim against the | pared with criticism aimed at Pat- stream, let's try a change of horses, j terson from various other places lr Nothing like a change now and tj, e state. -camo less valuable than the other in ' -the markets, and the cheaper metal. The Advance knows then drove the other out of circu- \ derson for tin honest democrat "lation. i whom nobody could hire to say any- Many people do not understand ; thing he knew to be untrue regard- how this can happen, bet us take j i e .ss o£ politics. Nevertheless in .an actual example in our own coun- thfa remark, and in one like it two 'try's history. In 1S34 Congress did O r three weeks ago, he has mis.stat- •establish the 16 to 1 ratio, with free od facts and drawn inferences which -coinage for both .metals. This made are not only wholly unjustified but ^old the cheaper metal, because In j are peculiarly unfortunate because •the markets 15.7 oas. of silver would j they help to confirm a widely pr'e- 'Tjuy one ounce of gold. Silver, the valent tout badly informed popular 'dearer money at that time (the re- opinion against the interests of -the •verse of 1S9G), in. time drove out very people who hold it. and for many years U. S. sil- | in another editorial we are considering the record of the R. ( F. C., and we refer Mr. Anderson to that discussion. (In this comment we desire to point out, first, that in the initial list of R. F. C. loans to then in mid-stream. The impression grows that when Roosevelt fired the potshot at •Hoover in his Cleveland speech he missed the mark and hit a hornet's nest. Most of the evils he criticized Hoover for not having put down originated in his own jurisdiction, and the record does not show that he made any effort to suppress them. ft* - frtf ' P ERSONAL BU* NOT PHvate: The campaign of 1884 , Ifl the first we remember, and our principal recollection of that is of a post-*election nature—the triumphant democratic marching . song, Blutne, Blalne, Blalne Opt -Left/ 1 —a.' W. C. in Rear Seat, Sioux City Journal. And ours Is-of O; O. P. pre-election campaign marchers in white stovepipe hats keeping step to the sonorous repetition of "Blalne, Elaine, Jamea O. Blalne." —Editor Dewel, In his "Colyum" in the Kossuth County Advance. That's the first presidential campaign we, too, remember. And there hasn't been one like it since, what with torchlight parades, high stovepipe hats, red, white, and blue uniforms, gay banners, an' everything. As a boy, age 11, we wore a cap with 'TBlaihe and Logan 11 in-bright gold letters on lt.- Clty Herald. Oh, you kids'. --Pa Olson in. Story Let us take you back 'to/the campaign of 1872, when Horace Greeley was the independent- '- and democratic ' A Review of th« Rece f « ^jg - - - -'- * A ""- made a really floor picture, Mia last attempt, World aid thfe tftesh, came dangerously near the line, but evert that had Its momenta In Lady and dent, h'oweverT he te back In fare g'ood form, turning out a, human-ln* _, tcrest production tfhlch may hftvpjIS no merit from a truly dramatic standpoint but which In popular ap-| peal Will no doubt be considered one, of his beat. , Contrary to the general run of pictures, this show gets better as It goes along. In fact the thing really of ; tfil*fliWe^ ~iM ltd Y&Ung Makes,hariwrt „__. neiy WAagreeable' in thl* picture, rid there's no • denying that ' ahti 9it«e« her poiltloti, portrayal the maid'who "fcets ; Mw -Than' Hd then 'fails dowh »h the J6b 'as * ho Producers Ife is about as'flnt and wlsliywrashy dar * nft w e nre, i anything thatlihe ha* <loffe; And ^"Y 6 th at our oor Norman Foster, usually so C0 ' o s8uses oi fuoyant and vivacious, doesn't fevcrt .-"Forgotten ,_ WI1II ropoie as If his heart were in It, ?!",, $ a lnr Ke nan & With all .. 'enough Informed ft « ar « «lan situation t the matter is In "i 6cuj *ouia i ' much I, 1 ] M. ..»..», r, ,.?»-j, matters get So tangled Up tfiat, neither actors nor directors '<r the (iualence can see a way out, doesn't hit lt« stride till George /up bobs Old Man Sickness, and, and his nlfeht-club mistress settle 'presto, everything's lovelyt down In a little jerk-water mining town to dedicate their lives 'to a. youngster. , The episode 'In which' this 10-year-old tells the brawny, Ignordnt Bancroft • (foster father), about the tariff i.s one of the clever.-' est bits of comedy Oeorge'-has given us.' And there's .also the scene which George tries to say -a in Well, everf U you failed to get a Mllle's silent old days, are woven into a story told by of children, it ever, .-'to note the of tills ..„ ._. of Week-End Marriage, I been mndo since the (IR?* you must have thrilled to hear Pros- ' miracle of the Hod ~S M Ident Hoover .deliver his .acceptance;, the thrilling mysteries of TV!* ' inppoH'jvfnJtiho news reel.-liet's «PP. ' T'oreotten Pmv,™.,.., '"OS F .---,, ; ,,, ,.,,-,-. - news reel.'Let's see, -Forgotten .... wasn't .It foilr 1 years ago that we .'luces a foreign heajtf,, abmjt that little thing called —who reminds i'Vinrrto''- fill ttnfrnnni^pil WltVi flnufpt*a rich, hut whftc, against General the republicans Grant, had a 'candidate'] and when campaign The same outfit which defended Long against Turner last.winter is now defending the university against the governor's demand that the university clean house. The Advance is not among those who think there has been any great skulduggery at Iowa City, but some has .„ dollars were scarcer than hen's teeth. How did this come about? Remember, there was free coin- ago of both metals. Anyone could t»k« either silver or gold bullion to the mint and have it coined. Now. the official rate being 16 to 1, and the market rate 15.7 to 1, any man -wlio had $16,000 worth of silver com -«ould take $15,700 of it, melt it •flown, exchange it for $15.700 worth of gold bullion, take 'the gold to the -mint and receive gold coins with a -debt-paying power of $16,000. And ie would have $300 worth of silver 3eft as his profit, and he could re-peat the operation as often as liked. Pretty soft! •Naturally this ' opportunity he -seen Of course the 'editorial'-'harps on | the only thing that has-a-semblance of a flaw in Patterson's record, and that is the so-called "salary 'grab,' In all his years in the legislature this seems to be the only thing his enemies can find to talk about; and they have used it so much that it is now threadbare and is no longer being taken seriously. Patterson has adequately defended himself against the criticism of him in regard to the "salary grab." At no time did he publicly or privately, work for the passage of this bill. Further, after the law was declared unconstitutional he was one of the first to return his expense money to ditty about the broad -'brimmed hat Greeley habitually wore. As we re- memb.er they called attention In the song to the time when Greeley and his hat were not In such' good democratic standing. The song was something like this: When this old hat was new, my • boys, The democrats swore freely; And day and night, with pure delight, They cussed old Horace Greeley. And it was in the campaign of 1884, when the "Plumed Knight" •Blalne, and "Black Jack" Logan ran against G rover Cleveland and "the old Roman" Toni Hendricks that the republicans voiced a whispering scandal about Cleveland with the taunting cry, "Maw, maw, Where's my paw?" which the democrats didn't answer until after the : election. Then in the throes of victory they tuned the reply with . shouts of "Gone to the white' house, ha, ha, .ha!"— Editor Geroge Gallarno in Plain Talk, Dea Moines. Wanted: Some oldtimer who can confound this Gallarno person with. the state, to which sum interest. he recollections 1-860. of the campaign of •DUDUEY REID, of the Valley Junction Boster, and Old Bill J. Casey, of the Knoxville Express, both democrats, are at it again. These journalistic reprobates delight in calling each other names at long range, each reprinting what the other says. Two weeks ago Dudley referred at length to William Jack- What the Editors are Saying simultaneously by many bul- dealers, and, there being sucjv a .profit in melting down $HVer 'dbl- 1 3ars, there were soon -no dollars left. Tlaus again, as many times before in -the world's history, Gresham'a law, cheaper money drives out the had been , exemplified. Gold and subsidiary 'money .remained the -only circulating money till the 60's, •when the greenbacks were issued and shortly depreciated, with the ^result that they in turn drove out •bath gold and subsidiary silver. Let Mr. Schroeder ask some oldtimer -.about <he "shin-plasters" which the ^government had to issue in the 60's t* take the place of vanished coina tnader a dollar, •Now, then, since Bryan proposed coinage at 16 to 1', and the mar- ratio in 1896 was something like or 31 to 1. Mr. Sohroedejv haying view what happened in the '183'0'B, in a position to see for; himself If Bryan's plan had been car- out silver /would' eopp have the only circulating- 'medium an thia country and everybody would been paying debus with dollars -worth half what was contemplated -when the debt» were made- Many, .and. serious consequences otherwise would have resulted, but apace to go 3«to them is lacking. And new for_a definition of sound #aumey, the reverse of which is un- is the basic money money: Sound money desired the world over and -which is accepted at th<j> same value tferoughout the world whether as Hooia or bullion; or,.-.- within any -country, is money in any other form authorized by law, such as paper zmaney or subsidiary coinage, so as such money is kept ex- at par for baaic money. WHAT THE R. F. C. HAS DOSE FOR JOHN CITIZEN ' Current misconception* of the aims ?»«<!l ppera/ttone of the Hecgnetrucj! "wan Pinance Corporation If dis-' Zbeartening because it demonstrates" a>o|»eless ignorance.. The, people do •mot know it, but they bite the' hand Qfeat feeds them. ' > You "hear the soldiers say that the . jwvernment "gives" money to the treat financial interests: why not *•*» them? But the fact is that the government does not "give" a single ^dollar to anyone. Through the U. 3^. C. 'it lends money only. Every dollar lent is 100 per cent secured banks, published at almost the moment when Mr. Anderson was 'Writing the comment above, it . was shown that a bank within ten miles of him had received probably more aid in proportion to its resources than any big bank anywhere, doubtless not even 'excepting the Dawes bank. As for the Morgans, under which term, we assume, Mr. Anderson includes all the great New York City banks, figures recently released showed that the aid exterfde'd J had'* been- practically infinitesimal. Tlrese' banks and great metropolitan banks do not,' as a rule, liave to ask for aid. t Mr. Anderson can bank on it that there were good and sufficient reasons for aiding the Oawes bank, or the loans would not have been made. The Advance has-it .from.,a source which ought to 'be authorlta^ live that if this big bank had been permitted to fail-'there -Woutd' v have been other failures the.... repercussions of which would have beeivfelt by every business man and farmer in the mid-west an'd which might have resulted In a nationwide panic that would have prolonged the' de: pression indefinitely. ['-' The R. 'F. C. stepped into ;•• the breach and saved the situation. All the Dawes ^taank needed was The R. P. C. did not give the frank' as much as one cent; it merely/lent the money at-interest on the bstfik's nofe secured by gilt-edged collateral. In due time the government twill get .the money back. Th^s. was; the very thing the "R, 'P. C. was created to do. To fail to do it would been all but criminal negligence. So far as the Advance is infor'ped the Dawes toank ie. the only bank which the R. P. C. has .'been called upon to help materially. -'i/The. great majority of banks which 'have l>«ftn helped are located in 'the smaller cities and towns. The c?laim that the big banks have taken:, the cream and left the skimmed milk to the re«t of the country is therefore utterly indefensible bunk. j. . Though Mr. Anderson would not knowingly permit himeelf to be swayed into misrepresentation by political- prejudice, it Is possible that his opinions are unconsciously colored by politics. In particular he may be under the impresJBjion 'that the R. >P. C. ought to -be played down by democrats on the theory that it Is' a republican product. If eo he IB mistaken. The it, F. C. not a pa.rtisan but a. bipartisan pro,duct an4. a. majority 'of the directing board icor»»jsts of d,aniocrat«. democrats' have as much right as the republicans'-to claim-credit for this most constructive triumph'.ot legislation since creation of the Federal Reserve system. HcFurulnd on the Defensive. Spenqer News-Herald — Guns are booming on the state senatorial front ... In one of his letters of "hate" McFarland made remarks which bordered on the litoelous . . . Just now it appears that MoFarland nancial patriotism as a big reason why he should be defeated. and The must be repaid with interest. R. !F. C., of course, takes the •ame risk of loss that every lender «a security does, tout no more. You hear other people, say that R. F. C. helps only the l>ig But the fact is that 70 per ceat of its loans to banks and trust companies have gone to towns of than 5,000 population, 86 per pent to cities under M.OOO poputa- Hion, aod pnly ten per cent to cities mbove 60,000 population. On the average one aot of every J3v« batiks In this country has re- Itcvoliitloii In the Offing. Humboidt Republican—Unless the Present extravagance in government be checked, unless the power .of or- is on the defensive because of his j Bahized minorities In this nation be refusal to meet iPatterson In debate, i reduced, and unless our .public men have more courage in the conduct of Fair Question. What's the Answer! the offices over which they have Plain Talk, Des Moines — I£ the I supervision, our'nation is headed for rates fixed In the Hawley-Smoot 1 revolutionary changes, tariff law .are .not of benefit to-the ' I'hotne'.'; all Surrounded with floweVs ind':prodperlty? 'Well, ..'the darn •\yords" at the graduation of this uhlng Is back again, _nnd Herbert re- same boy—a masterpiece of humor-|l ers to It again with that same .com ..__„_ , J ._ i^:..^^ -_ "•-'ftdence and asaurdhce which fooled 'a"feW|fnllll6n "Americans Iti 1928/ iF .•) tj'rtpr'paches the .Russian question :jwltji(j,;br«uen audacity, also a shal- _ „ ._....„. ^owrjees which,;;we fear, is one of domestic hausfrau contributes 'theuthe glaring faults of the Infant cl- ous realism seldom, equalled' on 'the! screen. But George Bancroft doesn't carry j off all the honors in Lady and Gent,. not by a jugfull. - Wynne Glbsoni as hard-boiled night club owner who) afterwards becomes a garden-loylrtg.i IIUB UL nci ;nuuuicij^..,*,, ,o* this oldtimer-hentiyr that t i. to the' pro-jjjmar'ria'ge as added ass Casey, and Old Bill reprinted it under the heading, "The Putrefacti- ous Polyprodontia of Beaver Creek Sewer -Beds Opens -the Pall Campaign." Then, last week, Dudley replied in a half column, of which' the following ^extract is a fair sam- | pie: "Altogether Bill's perpetrated a conglomeration of big words selected at random, haphazardly strung, audaciously sprung, ignom- inously slung — and he oughta be hung!" And at the next newspaper outstanding performance of herJJ screen career. In' fact gives a dramatic punch, ceedings which makes' . 'Lady and!) Gent' delightful entertainment. Andij' the transition is so skilfully - p6r-i trayed; beneath the hard exterior we continually see the ''heart off gold." Yes, Wynne- has carved a heat little niche in the Hall of Movie Fame in Lady and Gent. , If we might hazard a guess wej would wager that Lady and Gent/ probably disappointed fewer -Call, 'patrons than any talkie there so far: tills year. , W EEK-END MARRIAGE; ,is: ,a) completely uninspired' piece of screen hokum, it tackles a really t momentous question of social science as blithely ns though "It wer** discussing the weather nntl eventu-v ally ends by bewildering both audience and actors. The problem is one which .lias been the subject of heat-: ed debate ever since th§ World war and subsequent "freedom" for worn--; en: should a wife continue in business after marriage?. From our rather limited personal observation; we should say the thing works out remarkably well in practice. Of; course if Friend Wife keeps the sink filled with dirty dishes and insists, on playing with fire on the side, HJ doesn't go over so well; but it isn't] necessary to work to wreck mar- 1 ! ,t;.set8 '•- put to. prove, appar- he sacred Institution of we understand It In this rich, hut whose Is too Inconsequential to to pass intelllge total husband, seems than usual, while tributes a dramatic „ vlncing performance. m " ro ors go to Mni-jrucrltn as youns wife, 1 ™ real \ Churchill J oasily runs '1 with the show. BU \, m \ this talkie is low "ml 5 ** the Introduction of ti, c quence serves to reduce' to the zero point. oh I Consult This Well BEAUTY AUTHORITY \$ • With Oiir Compliments As a special courtesy to our customers we have tained at considerable expanse the service of Florence .'Harms', beauty ecpert and special r sentative of Dorothy Perkins, who will be at gjStore Sept. 5 to 10 Inclusive "She will analyze your skin, advise you on your net I sonal beauty problems, giy^ you a complete faciail •tre4tpient and show you how to give yourself tl -saiiie treatment at home. -No charge for this serrk We will have a private booth in our store, ;.. Phone now for appointment. CHRISTENSEN BROS, COMF1 Algona, Iowa Week farmers of-the ' United States in keeping out ruinous competition in their products from other countries, why is it that Canada is so worried, and so tiet on retaliation? And This IN >'o Mere Hoast, Knoxville Journal — If a lot of our dissatisfied Iowa people would take a. trip out of the state in an.y direction they would come home contented citizens. Old Sidney Foster was everlastingly right when he said, "Of all that is good, Iowa affords the best." of Troth In This. ,. Rolfe Arrow — When a bank closes you hear a lot of sympathy for the depositors, and seldom a" sigh for the borrowers. While the depositor heeds sympathy, the borrower needs more. For him -it means, liquidation regardless of conditions; •'•-•'•' -.•>:-• Jfo, HeV » Wfce Bfa-d. Plain Talk; VDes :-lfoines _, , Tl>e story is that Louis Cook,. by his r6- cen£ artlc.lij'&;recordlng the appeal 6f- rties. are definitely:' on •' the •• TT*»rtrvv' -PiftlH ' tiV fK'A*-vntAru nf '"thft Thft uhnrn H«ri- In'tho KnnH -ought to pay more taxes than poor, more than the proportion THE FA11MK11S' STRIKE AND THEIR JUSTIFICATION The so-called farmers' holiday or strike may not, and probably will not, have any effect on prices of agricultural products except perhaps locally and temporarily as concerns certain products, but at least it serves to call nationwide 'attention to the distressing financial condition in which farmers find themselves. According -to Agricultural Economic 'Facts, a four-page monthly sheet published by the econprnips department at Ames, the general level of -farm prices dropped frpm.&3 to We'-voters of -.'the a cash'remittance of »I;000 -from the Saturday Evening Post, thus recouping hla own primary expenses. 'L'ke Dora, -Louis "ain't' BO' dumb.'" *•' ''• Hoover is No Puusyfootcr. iForest City Summit—One--thlng la true of President Hoover'si stand on questions involved - In the coming presidential election, and that- IH that he was positive-and bluntly "I •am for"'or "I am against 1 '. He-made ho half-way gestures,-which is most commendable. ThU In Sound Economics. -- Knoxville Express — The rich the of property would indicate. When the 1100.000 man pays onjy 100 times as much as 'the $1,000 man, he is. not paying hla just Share. The power to acquire Is as proper a subject of taxation ae the' property acquired. '„, Another Editor for Patterson, i ;Peterson patriot— While -some may object to Senator Patterson's tax views, it must be admitted that he la a scholar, a gentleman, and a power in the senate. The people of this district will do well to eend him back. As Seen by a Democrat. Knoxville Express — Roosevelt, Herring, Murphy, Cooler, and all the democratic legislative and county candidates are elected right now. All the Iowa democrats need is a good stout sprag to keep the wagon from slipping before November. A Patterson Crhlc's Opinion, Humtooldt Republican —' Senator Patterson has paid back the amount pf his "salary grab" from the state. Senator 'BattergpjK-should be given Somebody Tell' Mr. McFarland. Traer Star-Clipper — k If anyone twits you as a republican about the salary grab, by which the Iowa legislators got expenses In 1929.up to ?500, remind him that the salary grab bill was introduced in ' the house by Hayes, of Pubuque, a democrat, and was amended in the aen- ate by Tabor, a democrat, and .that all democrats irt the legislature filed claim*). ' Why Tuxes Arc Burdensome, Humboidt Independent—The trouble with our taxes at this time Is that they are adjusted to prices that- valued a bushel of corn at one dollar, a hundred pounds of pork at $10, and so forth, but that it takes eight or ten bushels of corn and eight or ten hundred poundu of pork to meet... • • .... . ' Peeking: Around That Corner. Knoxville Journal—-It's in the air: economic conditions are getting, bejt- ter. Both commodities afid"Becurj- convention the precious old llbelersjl will retire to a davenport to slapij each other on the back and and laugh all over the place. laugh j Such ' newspaper cut-ups as they do breed down on the Reservation! the Triumph,' ENTERPRISING, Printing/ Co,,, Kansas out samples to advertise its line of G. O. P. campaign .stlcKers,, posters, 'etc. The one .that strikes our funny- bone Bhows an elephant pushing up hill a heavily-laden truck labeled U. S. & Co., and the catch-line Is, "It's an elephant's job; no time for donkey-business." . . . '.' "TESTIMONY regarding the motives of members of the legislature," said the governor, "are wholly Irrelevant to the purpose of this hearing;"—Walker Hearing in Chi Trib. Tsk! Tsk! Governor, such grammar!' ' • - " Yes, Doggod Id, Id's lUghd Here;- > Northwood Anchor—The hay fever seaaod is od agaid, and the ad- dual bigratiod of victims to dorth- erd Biddesota has. begud. . THE MAJORITy [of the Farm- iris,: Hobday striker^} ,ape .from other counties—hoodl'iimiT from"' Sioxjic ity, the- touphcwt town in |ow,a.—?- 3h'erltt-l*lnBon, .Coiincll-Blijllfs,' -jVh';-Jawn Carey,;what'- My' you to per cent of pre-war to 49 -per in June. This was the lowest monthly index yet recorded. On the contrary the Index of prlo The sharp rise In 'the bond approximately JS. points .Jn 1 .. the ' paiit SO days, has brought untold relief to banks, insurance companies, and millions of individuals. Confidence la returning with a rush. • v - Bob Sherwood on Turner. • • Parkersburg' ' Eclipse— While --Mr. •Herring may -be a good .motor salesman it will take more than abuse to win him the governorship. Governor Dan Turner has shown himself the people's friend, regardless O f whether or not hl« stand brought -him votes, and Turner today Is .the biggest man in Iowa politically. . . Also Pish, Tush, aud PoohJ, Bstheryllle News — When stock prices leaped high there were wise ones who cried "politics." W-heiri |hey crashed the other day in a tre-. mendous tumble other wise ones yelled "politics." The first to yell •were democra^; the last were re- publicaijs.' Boeh to both of -them! credit. , Hi^. acj should go a long way in Mr. McFarland, of West Bend, who is a democrat and who was playing UP Senator 'Patterson's lack' of- fi- Plenty 0»<s— Bnt (be Price! ing City Herald hurried trips -(Farmers mak- town from threshing reported oats turning out well in both quality' and quantity, but there were many wry .faces, approaching the with . the price vanishing point. Crack Your Own Wisecrack. [Knoxville Express.] In these days when everybody is hardup it is encouraging to contemplate the Relnbeck school district, which is said to owe $296,000 -on $295,000 worth of property. Aw, Why Not Dock 'em 12ft Pet. Traer Star-Clipper—The Buena Vista county committee on reduction of public expenditures modestly resolves in favor 'of ^.:. fe4uctipA of &5 per cent in salaries of railroad president.- That goes the -Tama pounty man one 'better -vvbo at a taxpayers meetri^ in Saturday, salaries of county ; officer? should be c'vit 7« per cent.' day's Rear Seat—The sheriff of Pottawattamie county Is quoted as having- called Sioux City 'the toughest town in [owa. 1 Tut. tut, sheriff. You ain't Been nowhere -and you ain't 'seen nothing. ' Besides 'you are at' leaet 40 years behind the procession. Way back'in the late 80s or thb early 90s Richard 'Harding Davis named a Sioux City suburb (Stanton, Neb., or was It Covington?) as one of'the three wickedest cities— not in Iowa, not in.'the United States but In all the world!" : An Old Sons Gone Wrong:. [Clipped from Damflnp.] School days,.school days, p.oker, dice, a,n,d. poor days;. ' Petting and necking and everything at s Hose Store beginning of the Fall season when there is the until Ipsiery in the correct shadeH to be worn with new also a 'need for childrenV hose Just before school having HOSIERY WEEK, which means that we i»| "of ...If- --•,, ... ^A'j. - . and Wayne Knit-Kay; France Hotiery at especially Attractive |rlces, sp'that yoiimar J fe^d^h<ied a f or WwdWJ • -, - • p'' *ta»ubkanUa1^viriiB: : ^;^.:'-: : '^^V^ ''"-- : '| Note the the Special Offerings '' _ — Su . .' v . • • ••'•:•. •'.'!• •'•'•..,' i'. ... ' " FuU-Fashipned Silk How An excellent quality full^ashi^neit^ilk hose In the. sheer chlffojn; also in the service weight. Our regular 79c quality inthenewfairshadesr'4 .Hosiery week price_^_^___. fast, Taught; to ,«ie tune of the. and Oh, hip- Oh, poc,ket flask; You were my queen, Oh! was your hot-shot Romeo; You wrote on, .my slate "You're too d—n slow"-— And now we've a couple of kids! PABASPHKASINO a quatrain Jn Plain Talk about 9. J>es Molries library emp.loye, we offer the following and dodge brjcka— Lura, Lura, library fairy, How do your questions grow? —From lawyers and preachers And derned pretty teachers, And club faddists aJI in a rp\y. IT TOOK THREE days' acquaintanceship to decide the P. P. [meaning the wife] and ourself to try it for life— J. W. C. in Hear Seat in Sioux City Journal. Mr. Carey must have .been a fast worker, in. his youth. . .' APBROPINQUB to the season, ®a»liy .Post siye p«Jy ."one ha»a" shoyld foe Uf&a iS hold the ear when eating corn on the cob. — Foresjt City Summit. touched us! —ALIEN. FuU-Fathioned Silk Hoae Our regular f 1.00 qualit* sheer chiffon apd service weight fuU-fLhif which is our most pdpul ity. All of the popular i Hosiery^week 0Q^ 2 pnrw-a-^- price.-..;.,.... Q8C | r $ 1 .65 Children'! Ho.e (T 7 silk and fine fa&y J lisle etock-, ings in plain and novelfir weaves Vai- ues to 50c. is j*j% Hosiery week special j, 29C "Never Mend" Pure thread silk hose of "" in all of the wanted n qual- i A table JWed wi^ahwtlots of silk i mesh hose Jn medium and dark si These hoae are our .regular stock j in values to $l;50. . ^Hosiery week IJQn 2 pre Full Fathioncd Silk This special offering includes all our 11.50 and $1.96 quality..«WT , service weight and ineah hose in wanted shade, Hosiery week* 4 \AA 2 prs.a i price,..,,,, ,_.. :f '|t99 fpr •*' ' * 1 ", • >* Children'. Hote Serviceable full le'ngth stockings •, plain colorii; ajj»o fency weaves. lar 26c and 29c qualities. Hosiery week 4 Q^ 2 pairs' price ^ ^.^ 15P«? ^ or Boys' Ho§e Cuff top hose Jn dark colored weaves, suitable for boys' -"* ues to 59c each. Hosiery week

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