■
-i1-
’
\
w
-
■
I
*
’ TH* cvounx* VALLEY EBNT1NEL. CO4JUTLL*. OUÛON. THURSDAY. AÛOU8T 1FMMS
Timely Topics
I
*
L
that hinders the giving proper sup
penses of government as well as th*
the
port
to our boys at the front
It
vast burden of principal and interest
By R. T. Moore
would be a national disgrace that we around.
ctoiv* quantities of munitions to on the colossal debt. It can only^be
Tlie visit to England by General could never live down If we didn't.
—-o—
, win the war but have maintained or done through greatly increased pro
pro-
Browning. Director of Purchases for Possibly 1 am mistaken, but I think I
A great many members of Congress increased our high standards of liv duction of goods and equitable dis
dis-
the Army Service Forces, raises the detect an undercurrent of resentful er* burned up over the current draft- i ing while doing it.
tribution of the tex
tax burden. There
hope that renegotiation of war con public opinion that will somq day tag of fathers after they thought | But there is a fly in this perfumed must be the moat
most rigid economy in
tracts muddle will shortly be cleared explode into a general house-clean they had the promise that family ointment While we were increasing government and the fostering of pri
up.
'
ing that will sweep the whole mess men would not be drafted until after th, puWte illCome' from 43 to 150 vate enterprise for many years it
If the
th*
The English have a system that to out of the beck window into the gar fitting debate in the Congress next bUlioos we also increased the public national debt is not to ruin us.
hard on the inefficient producer but bage can. The innocent will suffer fall. This was the general under-
from ,bout 25 to nearly 300
It is a mistake to toad
lead people to
favorable to the efficient. They have with the guilty and heaven help the standing when Congress adjourned, billions, If all appropriated moneys believe that economy and hard work
a profit incentive that yields as high folks who were connected in any way otherwise the the opponents of thisar, considered In 1933 ,
wouW are not necessary to maintain our
as 7H per cent of capital employed with the forces who are obstructing family-man drafting would have kept have to work eight hours to pay his high living standards.
The Lord
Th*
before taxes. Thia would be quite a the war effort. The American public the Congress ta session untU they had share of the national debt In 1M3 placed us in this Garden of Eden
prize for American producers to work has always done a very thorough Job the matter thoroughly aired. But - h, would have to work about two and expects us to take car* of it. If
for. Their average profit is now when it has started out to clean Meetlve Service has gone right 'ytarg to do the same thing.
we don’t. He will banisli
banish us from it
If one believes in the theory that as punishment for our unfaithfulness.
around 4ft pm- cent of capital em house. There is no reason to believe ahead regardleu and the fat is in the
there will be any exceptiesi in this fire.
ployed before taxes.
the size of the national debt is imma Prosperity can be maintained if we
It does seem bard to understand terial then everything is lovely. But keep firmly in
The trouble with present system of case.
In mind that it means
Next Labor Day may therefore be why a mass army is needed when the it you believe that owners of govern work and more work to till the soil
renegotiation, if it can be called a
system, to that nobody can be found of great significance. It may mark whole war to date has been fought ment bonds should get back value re and produce ampi*
ample goods for all to
who can define reasonable profit. the success of the present labor move with relatively small forces except ceived, and I mean 100 cent dollars have and enjoy. The possession of
No one can estimate the effect on ment or its failure. The problems on the Russian front. It would ap for 100 cent dollars, the outlook is dollars is meaningless unless they
i
more sensible to emphasize not so rosy. Somebody has got to have goods to back them in value.
the business Involved until after the must be salved by Labor alone and peal
valu*.
tn the direction equipment
<
rather than size when ar earn all that money and pay it to
negotiations are completed.
This they must be solved
---------------------------------
We have been living on borrowed
means a delay of several months. |oi maintaining full war production. tillery and airplanes do most of the the government in taxes. The value
money. We must prepare to pay it
Because of the damaging of credit
Publlc win not tolerate any other fighting. Munitions should be kept of the dollar must be kept level. In- 1 'money.
»
back when due.
'course
and
the
public
still
rules
the
rolling
in
huge
amount
and
war
pro-
l
ilaUon
rau>t
b.
Hernly
resisted.
And
line« at the banks and the destruction
'roost.
The
warntag
flags
are
.out
duction kept at its peak. To build: this money is not going to come
of the confidence in the future which
to the basis of all major industrial ■,nd the wta* wlu he*d them.
up a huge, but unused, army and easily but will have to be earned by
thus weaken the industrial front actuai production of goods,
operations, it is probable that much
of the present slump in production is
With tl>e end of 11 le military phase would not seem to be good strategy ' It is only in a Communistic state
attributable to the renegotiation un of the European part, of the war in We have armed the English and Rus ' that the size of the public debt is im
certainty.
No large manufacturer the offing, the diplomatic phase is sian armies to a large extent and are material. In such a state there is no
dares build up an adequate inventory about to enter the scene. Attention now being paid dividends therefor. private ownership of property and
of raw materials for steady produc is now directed to our State Depart Should we not concentrate on the therefore no such thing as a public
tion when he does not know whether ment where Mr. CordeU Hull site equipment that has shown marked ¡debt, as we know it. The state has
he will be permitted to retain the serenely entrenched so far against superiority in battle and is now over i it ail, th* individual nothing.
To
funds to pay for them. No large the sniping of opposition within the whelming th* enemy rather than on qualify for lif* in such a stat* one
bank will venture to advance oper Administration.
Though appearing the recruiting of large forces which must be willing to share the hard-
ating capital when there is no way of to be an easy-going old politician, will greatly weaken our power to earned fruits of his toil with a lazy
telling whether safe profits to. cover ( content to hold his job with a mini- prbduce through lack of industrial neighbor who did little or nothing to
mum ot effort, Mr. Hull is actually man-power? This will be a sub produce his just share. For all ar*
contlngencies will be allowed.
The slowing up of production, about the toughest customer in the ject for debate in the Congress next treated equally, regardless of personal
month. There is always the proba t
though Injuring the war effort. Is present, and forgotten, cabinet.
character and ability. Hqw many £
of
It Is said that the Wallace-Jones bility that there are hidden urgent us can, or ar* willing, to qualify thus
bringing the Administration to its
senses and is reversing the tide that feud originated in a scrap between reasons for this big army. We can ly*
has run against business for the past State Department and BEW, headed only trust implicitly the good judg
It is unthinkable that the millions
decade. Not only Is the renegotiation by Wallaoe. Mr. Hull backed Jones ment of our excellent military leaders.
of people who have placed their sav
system to be revamped but ways and won out. The President had to They will not risk the lives of our
ings in government bonds should be
are to be found to provide investment perform the very distasteful task boys to any greater extent than to
Strategy to cheated out of their value by either
capital for business and termination of weighing the political value of absolutely necessary.
repudiation or devaluation of the dol
clauses for war contracts that will Mr. Wallace against that of Mr. Jones date has been along those lines and
lar through inflation. The financial
avoid bankrupting those concerns and Mr. Hull. He chose the lesser of the nation is both grateful and
road ahead to long and hard despite
which have patriotically maintained two evils with that unerring political proud that our armed forces are led
th* present high wages and salaries.
maximum production even though it judgment for which he to famous. by men who have such concern for We will have to pay the current ex- I i
the
safety
of
their
commands.
was against their own initerests be- The conservative wing was thus fa
capse of near confiscatory taxes re vored over the New Dealers and the
A favorite device used by the Ad
suming. The lesson is being learned left-handers were left dangling in
the hard way that there is no sub mid-air. Though the President can ministration to fire a man and yet
stitute for private enterprise in set not agree with Mr. Hull at times, keep him from getting mad or to
ting up real social security for the he had to take the position of sup salve the wounds of a faithful candi
public. The laws of Nature will al porting him because of the exigencies date who was defeated for oftioe is
to give him a job in some Bureau.
ways transcend thqee of mere man. of the situation.
Neither the President nor Mr. Hull This Was done in the case of Herbert
The War Production Board has to- like to play second Addle. And while L*Mnan, ex-governer of New York.
From whet can be learned of Mr.
- sued an appeal to all war plants to the wjy plias* still occupies the llme-
opefate full schedules Labor Day.1 light with the President carrying the Lehman, he is a very able and expert
This appeal will be met by all pa- ' 'flag
no'trouble
State, administrator. He governed the state
flag there is no
'trouble with State.
triode Americans as a matter of ’ But as soon. Ml peace negotiations of New York in a very creditable
course, In a way, it is a reflection i start and State has the lime-light manner. The state government pros
on the laboring public that such an i look out all over the woods. Mr. pered under Ms economical admin-
gppfrftl should be necessary. JVith Hull Is firmly determined to carry istration and he was defeated by Mr
eo many of our boys facing death and I the flag for State at the peace table. Dewey only because of an up-state
suffering terrible privations for our The President, unless he turns u new protest vote against the national Ad
sake, how could any white man do leaf meanwhite, trill be equally de ministration which had supported
other than give them all of the sup termined that HE wilt! be the stan Lehman. There is no doubt but what
port it is humanly possible to give? dard bearer for State. So trouble Mr. Lehman accepted the poet of
Administrator of Foreign Relief and
There is no concealing the fact that seems to be in the offing.
Since Mr. Hull has th» support of Rehabilitation under the belief that
a large portion of the American la
boring public is letting personal for a very large delegation of his party he would be able to do his stuff when
tune eclipse the war effort. This is leaders and wields a large influence the occasion arose.
But now that there actually is some
being done through stoppage or slow in the country at large, it is not likely
Foreign
Relief to administer in Africa
that
he
will
be
attacked
openly.
But
down of work, through incessant de
within the Administration and *icily. he .has been fondly
mands for increased wages above forces
levels Indicated by cost-of-living have been busily trying to under patted on the head and placed on the
figures, through Intemperate use of mine him for some time and may suc shelf with a papa-will-do-lt-for-you-
liquor that result» in absenteeism and ceed. Right now these forces have dear admonition while others closer
lowered efficiency, through failure been side-tracked in favor of the to the Chief take over. Perhaps there
The loss of Is tear that Mr. Lehman will attract
to invest si! possible in war bonds, conservative element.
and through constant bickering with ’ prestige by Mrs, Roosevelt, the com- too much public aolaim. He might
thoM In authority over them to cause Ing departure of Hopkins from the oast a shadow and the Administration
chronic slow-downs of production Whits House, and the exodus of col does not Uke to have shadows cast.
and gradual disintegration of effi lege professors and dancers from im At any rate it is a pity that his un
cient organization in our war plants. portant foets are some of the indi questioned talents in this sort of thing
And to cap the climax comes a state cations of this situation. But the should not be used at this critical
ment to the effect that Labor will Administration thinking remains New time. I predict that Mr. Lehman will
cancel Its no-strike pledge unlees Dealish and is merely held in check either get the green light ar resign.
CongreM does its bidding.
'temporarily by adverse public opin-
An editorial in one of the dailies
AJ1 of this is not conducive to max- ! ion. It will irasstrt itself when and
imam war production to say the least, if a favorable turn ta events permits. recently exulted over the fact that
Next Labor Day would be an excel- So a clash seems inevitable. Both Mr. the national income has increased
lent time for all concerned to pledge Hull end the President have the same from 43 billions to about 160 b,IUiOM
themselves to forget all of the stuff , strength as planners and the ^ame in the last decade From this it was
Coquille Auto Company
C «»*
34» Waei Freet
m
Oreg*»
'4.