PXGE FOUB
Medford Mail Tribune
f onm h, Sosthor Onoj
ludi Um Dill Maws'
Dii:j Snopi sotgds,
Puolt.tico' ot
HtDrOHD FE1NT1M0 00.
IJ.JI.J, k. n l ftoss fl
80BIOT SSUBL, UtUf
S. u tNlPf, Uulin
As Indepwiloot Ntnpopot
Eotorod u Hcood elm itur SI Hodfoi
Ortgfla, sod Act of Mores I. 1ST.
uncKinioN iato
at Mm ii tdiuot
DillJ, FMI ... ....
Ptlil moots..
...1100
.It
JitUoortllt, cVmrti Point, Pbouix. liltot. Oold
Bill ond on Ullbsut.
Dollj, oiootli .t
Dsllr. ooo ltu f.BO
All urau, cut) IB adiSDes.
omtiu m oi im an of Matron
Officii pitwf of Joctowo Count..
UZMBEH Of rill ASSUCUTKU FUtM
Heeclrlne rull LetMd Win Sorrlf
no Auodiied Pro J. tieluiltoJr utiuoo u
IIM ooo for pubUettloo of oil om dlipotebo,
crodltod u n or olbtrwu. erodlud to lalo oooor
UMl olio u tbo tool oevo pahUtbod borots.
All rttbu for mibUeuloo of reodll dupudw
acr.lo tro obo roionod.
umsKii o oniikd putm
MEMHRH OP AUU11 BUKEAD
OP CiKCHLATlUNB
. Adrortlilns RcpraooauUTOO
U. C. M0UEN8P.N A COtlPANT
Officio b Nn Tort Uitato, Detroit, I
franelKO, loo Aatolot, Sooitlo, Portland.
Ye Smudge Pot
Br Arthur Perry
quit number of citizen have
been re-unlted with their Republi
canism nn Mm ffrmmds that thl Is
line time to leave Hell enough alone. I
.' I
r tm Wnmlnff lnrreulnirlv dlffl- .
cut, the thirsty say, to find a boot
legger, In or out of Jail, i
Gregg (Hoot-Boy) ' Campbell pro
duced another tooth lat week, a If
by magic, bringing hla grand total
of molara to 7. He can now grunt
aomethlng. which hi folks Interpret
M the word "auntie." OreRg fell out
of bed Prl. and landed on hla cocoa
nut. It begins to kx a If the rr-
bloomlng turmoil In Jackson county
would be oonduoted for the next 48
days, on an alleged rlgh'teoue and
dignified basis, due to the huneh
that emotional nuttlneea ha become
wearisome to the masse and the
claaaes. No longer will there be a
conplracy, or a martyr behind every
pear tree. Common aenae will knock
the awelUng out of an ulcerated
egotlam, and halt the Idiotic blather,
of a malignant mind. I
...
'Mr. Nellie Newquujt drove down
to the Spencer ranch on the river
Sunday" (South Yoakum Newa.) It'e
good trick any day. -
A Jackaon atreet rooater, that ha
been crowing at S am., haa been hit
In a vital apot and will crow no more,
and haa Journeyed to the Happy Hen
tiouae. Anything with enough gump
tion to get up at 5 am. and start
crowing, deserved a better fate.
- .
The lack of foreat flrea thla season
1a due to the lack of otgarettea, the
well known fire atnrter. The fact that
a number of careleae cigarettea are
being ahaved by the DeAutremorit
brother at the Salem Big House, ha
nothing to do with the shortage of
carelessness,
? '- . .
The color tones In the brush are
now at their best, the artistic and
the cultured aay. The red and gold
splattering by Maw Nature, how
ever, are still daintily delicate, and
will be more restful after the first
frost. ,
Another transient Indigent, with
Oypy blood In his veins, and county
beans In his Innards, has boy-like
and playfully walked off with a bet
ter auto than his own,
. .
Frederick Heath will run fpr the
council. As a druggist, he thinks he
knows something about mix-ups.
. .
"ROOSEVELT FOUND MATCH FOR
REPORTERS" (Marysvllle Times.)
But what does that signify?
...
80 WIIX TUB EDITOR
(Orleans Items)
While on her way to get the
mall. Mrs. Alice Wldell enooun.
tered a lioness and her cubs near
a lonely mountain trail near
Woodleaf. The lioness and her
young fled upon the sight of Mrs.
Wldell.
"This Is a tlrs with a firm bite on
any road" (Tire Ad) Before the win
ter I over, according to the pessim
ists, the autolst will need a tlrs that
they can bite.
...
"CANDIDATES TJROE VOTERS TO
TAKE PICK" (Coos Bay Times.) On
the other hand. If th eandldatea
would do the same, there would not
be so many candidates.
Bunco artists who could not wait
until they got to the Willamette
valley, have been giving the police
some work.
. o
A pair of cotton stockings appeared
on the Main Stem this morning, and
were flaunted by a member of the
fair sex who could fill up either one
or both with bills of th higher ds
nomlnstlons. 0.0
Jim Bates was mad enough at his
brother Bill Sat. to give him ons of
his roughest shaves.
. e
To give an Idea of how overburden
ing taxes work out It might be slated
that Chicago Is unable to pay her
' echonl-teachera, yet the city doee not
hesitate to sue the eachera for unpaid
axes on their property. Florida
Tlmee-Unlon) The way it alwaya
works. ,
...
So' far, the deer hunters of the
state have been unable to provide j
any work for th genial funeral e 1
factors.
Another Falsehood Nailed
WE have received a communication from an old subscriber
of which the following is an extract i
"Solicitors for a morning paper are seeking subscriber on
th pies, thslr paper is the only one locally owned and con
trolled. They claim the Mall Tribune Is owned by outside
parties and by the Callfoinla-Oregon Power company the latter
company having bought atock In your paper a year and a half
ago. I can give you plenty of evidence of tnie ir you wouia
cars to bar It, but I don't want my nam to appear."
' So this moth-eaten and decrepid old. canard, is hobbling
about the' valley again I We thought we had buried the old
gentleman in the primary campaign, but apparently that great
reviver of falsehoods self seeking politics, has started the
wheels going again.
Needless to say there IS NOT AN ATOM OF TRUTH IN
ANY OP THE CHARGES ABOVE. They are all made out
of whole cloth, deliberate and premeditated falsehoods, sole
ly calculated to injure this newspaper and impair its influence,
in the country districts, where the true facts concerning this
newspaper are not generally known.
. .
fJ0R over 20 years the Mail Tribune has been owned and con-
trolled by the present writer, and is so owned and con
trolled today. The only change in stock ownership during that
time, occurred about 15 months ago, when ss. S. Smith sold his
minority stock interest, to Frank Jenkins, who conducts the
news comment column, for this paper; and Ernest Oilstrap, who
is its mechanical and advertising adviser. Both of these men
are experienced newspaper men, of daily assistance in the ad
ministration of-the property, and are represented here by E. L.
Knapp, a resident of this city and the general manager.
But WE REPEAT the ownership and control, has not
changed during all that time, it is in the same hands today it
was in 21 years ago, so the above charge, we trust will be
buried permanently now, with its only epitaph a certain short
and ugly term beginning with an "h" and ending with an
"R", and composed of four letters.
f . .
117HERE the charge that the California Oregon Power com-
" pany owns stock 'in this property came from we don't
know, and don't much care it's just another one of those
things!
But this charge, like the other, is not only absolutely
UNTRUE, but to anyone who would take the time to analyze
it, obviously RIDICULOUS AND ABSURD.
Not only haa the California Oregon Power company NEVER
OWNED A SHARE OF STOCK IN THIS PAPER, and does
not now, but no one connected with this paper, OWNS A
SHARE OF ' STOCK IN THE POWER COMPANY, AND
NEVER HAS.
Moreover the Mail Tribune has often opposed the policies of
this company, so vigorously when its charter was recently
renewed, that it brought down upon its head, the vituperative
Wrath of one of its ohief attorneys, and only a few days ago
in commenting upon Roosevelt's power program, we supported
a principle,' which power companies, generally condemn.
N the other hand we have never joined the power-baiting
politicians, seeking to get into office on a wave of popular
prejudice against Big Business, we have only demanded from
the power company, what we demand from every important and
legitimate business, fair play and a square deal. That is what
we GIVE, that is all we ask.
The Mail Tribune is not ingenuous enough to belicvo that
the repudiation of these charges, and the presentation of the
truth, is going to terminate their circulation, for it is a well
known political fact that where self seeking politicians have
no cause justfying thoir claims, they devote their energies to
throwing mud at their opponents.
OUT we do hope and BELIEVE, that this presentation of
the facts, whioh by a visit to this office any interested per
son can verify, will not only disabuse our Eagle Point corre
spondent of any doubts he may have, but also the doubts of all
the people of Southern Oregon both regarding the purely local
ownership of this newspaper, and its freedom from any en
tangling alliances with cither the California Oregon Power com
pany, or any outside business interest WHATEVER.
Keep the Ashland Normal!
IT SEEMS generally conceded that if tho proposed Zorn-Mac-
Pherson measure parses, ohanging the Ashland Normal to a
Junior college, this important educational and business asset,
would be lost to Southern Oregon.
There is an organic place for a state normal sohool in Ash
land, as the growth and success of that institution shows; but
there is no iuoh place, far removed from any institutions of
higher learning, for a junior college.
Were such a change effected, impartial educational exports
are agreed, the junior college would stolidity decline from year
to year, and eventually have to be abandoned.
Thus Southern Oregon would lose the Normal school, and
in a few years, have nothing in its place.
I TNDER such circumstances we feet Medford is entirely justi
fied in giving every possible aid to Ashland in its effort
to defeat this unsound Zorn-MacTherson bill. Anything that
injures Ashland, atso injures Medford and every community in
Jackson county.
The Ashtand Normal is not only a Southern Oregon asset,
but a state asset and answers a genuine state need. Southern
Oregon should be a unit in working for its retention.
Auto Ownership
Dispute Settled
Suit of Melvln Ohere against Jas.
Dally, Involving ownership of an
auto, was settled out of court by
stipulation, calling for the dismissal
of the cas and each litigant to pay
his cou. It was an Involved affair.
Ohere, r bout IS years old, traded
a Ford for an Omsmoblle, and th
Olctsmobll for an Austin, and then
traded the Austin back for the Ford,
Dally acting as agent. Th deals
wer consummated about two years
ago.
For those "thrifty"
Pur silk hose Special .lie
rrHEl.WTr! B. HOFFMANN
Sixth at Holly.
If you ar Interested In flying, sec
Mack OUfin at PtoplM Elactno siort.
MEDFORD MSIL
Jenkins' Comment
(OonUnutd from Pagt On )
homt. Lfi be proud of t pro
duct! of our own 4011,
Left ay to ouxwtve. "Our own
homt-rown fruit Ana teg-Uble
and (HI 17 product r th bf.t to
b had anywtier. and I want th
beat. Bfildf, I wnt to Keep my
money at horn and I want to oelp
In building up nw InduMrtea that
will help to matt a better town
her."
That' th way to build up now
nirlcultura! Industrie.
011 your old (old at Laa-renc'
Jawtlq filai,
TRIBUNE, BEDFORD,
Today
By Arthur BrUbaue
Short Thinking Lesson.
Twelve Inventions,'
News About Our Earth.
Metal 1800 Miles Down.
Copyright King Pfltwre Synd., Ine
Dean McKnight of Columbia
university says a college should
impart "five aims" to every
student, tiamely, intellectual,
social, aesthetic, physical and
religious aims. These, says the
dean are essential for a bal
anced, well rounded menu. Now
you know on what to concen
trate. Fulton, Ford, Edison
and AVashington, never did
know.
More important than naming
five aims is the deanB state
ment "STUDENTS MUST BE
TAUGHT TO THINK INDE
PENDENTLY. Unless it teaches you to think
on your own account, education
fails except as it inculcates a
certain routine of knowledge,
considered necessary. , 0
There is little "independent
thinking" strictly speaking.
Thinking depends on environ
ment, circumstances, location
and influence in childhood.
An Eskimo and a lavage on the
Equotar must think differently, a
Thibetan Llama, and a Baptist clergy
man must think on totally different
llnea. Occasionally a Copernicus
think Independently, even ignoring
the evidence of his tenses. But such
as he can be counted on ten fingers.
' But we can and we should PRAC
TICE thinking, as w practice tennis,
fencing or book-keeping.
Here Is a simple thinking lesson
for your young son or .daughter.
"WHICH ARE THE TWELVE MOST
IMPORTANT INVENTIONS IN HU
MAN HISTORY? WHY ARE THEY
MOST IMPORTANT?"
Every child knows ail of them. First
In the order of discovery comes con
trol of fire, that no animal, before
man, ever had. It . made men Inde
pendent of climate, enabled them to
keep off savage beasts, and sleep In
safety.
Second, the bow and arrow, en
abling primitive man to klU at a
distance. That perfected his domin
ion over the earth. Animals had to
touch him to hurt him, he could kill
In safety, from th limb of a tree,
or from behind a rock, and kill
silently. Then he followed the trail
of blood, as his victim bled to death.
Third, cultivating plants, and do
mesticating animals, which made pos
sible a settled fixed dwelling place,
an end to constant migration, and
the beginning of civilization. While
the women worked, the men could
think. Before th end of the stone
age, women had produced all of our
grains by cultivation and developing
seeds of what were weeds.
Tell your boy and girl to think
out the other nine or more moat im
portant Inventions, not forgetting th
wheel, which Is a copy of th earth
on which we live. Without it men
could not have done their work, and
do not forget the humbl wheel
barrow, a wheel fastened to th nd
of a lever, multiplying by ten a man's
physical power.
Let young people argue and discuss,
as to which of all Inventions Is most
Important. "Important," meaning
most useful to man. Is It steam, or
electric power, or electric conquest of
distance, telegraph, telephone, radio?
Discussion promotes thinking.
Merely listening, while someone tells
you, may give Information. It does
not teach YOU to think. Encourage
young people to ask questions. That
builds thought.
In all th wld universe, and U
th "Island universe," millions of
light year distant, this tiny planet,
called earth, is th one thing that
Interests in, the only thing really
ours.
Therefor It Is a pleasure to learn
from a deep Japanese scientist. Dr.
Akltsune Imamura that the Inside of
our earth Is marvellously solid, not at
all th fluid "earth core,' In which
we have been taught to believe.
Studying the passage of horisontal
earthquakes, through th earth re
vealed th truth to Dr. Imamura,
who is probably th greatest llv'r.j
seismologist.
The earth's core. Its round centre
on which th continents slowly slip
around. Ilk a piers of butter on a
hot plate. Is not only solid, but two
and a half times harder than steel.
-
W know that steel Is mad of
atoms of electrons, as far apart, In
proportion to diameter as th earth
and sun, and not at all "solid." But
It .s a comfort to know that our
earth reitv cn a tort that w call
sUd." TTjic and half as hard
OREGON, MONDAY, SEPTEMBER 26, 1932.
Personal Health Seirvice
By William Brady, M. D.
fUgned isttsrs psrtsining to psrsonaJ health and Hygiene, not to diss ass
diagnosis or trestmsnt, will oe answered oy Dr. Brady it a stamped seli -addressed
envelope u enclosed. Lsttar should tw oriel and written La ink
Owing to th iarg number of letters received only a lea can m ansirered
her. No reply can b mads to queries not conforming to instructions. Ad
dress Dr. William Brady In cars of The Mall Tribune.
A MOTHER LOOKS AT MATERNITY.
X get so blankety-blank many let
ters from badly educated women and
most high school and college gradu
ates are badly
educated who
fear they are too
frail, too sickly.'
too weak or too
old to achieve
maternity, that
mysbreath is
taken away by
one like this:
In one of
your a r 1 1 c lea ,
you said: "On
the same basis X suppose I will
never have true sympathy for one
In the throes of childbirth until
X have one myself."
Well, Dr. Brady, X am the
mother of four children and I am
looking forward to the coming of
my fifth on next Christmas day
(I hope), and I haven't much
sympathy for women In labor (of
course I believe there are excep
tions, but I mean normal child
birth) ... My doctor (Dr. )
does not believe In rushing things
. . , Just enough ether to deaden
the pain, but not enough to put
me to sleep ... I carry on a con
versation with nurse or the doctor
or my husband ... I have
ftiith In my doctor and I obey
his instructions implicitly ... I
don't feel a bit scared, on the
contrary I am Impatient for next
Christmas day.
I feel that one of the greatest
mistakes of expectant mothers is
that they think they are sick and
consequently coddle themselves
too much. There Is too much "Ben
Told" about this . . . I've known
women who would not raise a
hand to do a bit of housework? -lest
they injure themselves or
their babies, and they have had
the most difficult confinements.
I merely, see to it that I have
plenty of fruit and fresh vege
tables, milk, eggs and plenty of
water. I never take a cathartic
of any kind. I do all my own
work, washing, ironing, cleaning,
scrubbing, cooking, besides con
siderable work In my flower gar
den, which takes me out in the
sunshine, and besides I do con
siderable walking every day. We
go out quite a bit to visit friends,
attend picnics, etc., and I believe
all these activities keep my mind
cheerful and my body fit. How
can a woman hone to enjoy a nor
mal and easy delivery if she sits
as steel Is solid enough for us.
It Is probably made of Iron, and
some day men may go down through
the earth's crust of soft rock, eigh
teen hundred miles deep and mine
pure Iron In the earth's core. Noth
ing Impossible about that. What men
can Imagine, they can do. Limitless
power, as free as air or water, taken
from the sun or the tides might sup
ply an electric torch, as big as the
mouth of Vesuvius, well able to dig
the hole. A million years will reveal
greater wonders, and we have a hun
dred million years ahead of us.
Men have only started. This de
pression Is not the end of their
efforts.
Our army has been having a per
fectly splendid time In New Jersey.
"Regular troops started a general ad
vance to trap an Imaginary foe in
mimic warfare.". It would be very
mlmlc and comic also, U it were real
war.
Our noble troops cn the ground
would hear an unpleasant roaring in
the air. Presently they would be
sprayed with poisonous gasses more
or less deadly, probably "more." Then
they would stop advancing, and sit
down. .
In New York the business partner
of an Influential politician is indicted
for theft. He accepted 4000. agree
ing to get a burglar out of prison,
did not get the man out, kept the
money.
The burglar, to have been released,
had been arrested twenty-one times.
This may enlighten those who ask
how It happens that crime is so safe,
for th criminal, in this country. It
has always been said that any poli
tician who did not have a Judge on
his string amounted to little Now.
th criminal who has no politician on
his string amounts to very little.
,
Communications
War Veteran Speak Out."
To the Kditor:
In th Sunday edition of th MaU
Tribune there was published an ar
ticle by th commanders of the United
Spanish War Veterans and American
rK.v.u. in nr w H-...a.-
oiner payment o num.
W expect our government to treat
properly and generously those men
wi.o now suffer on account of their
war service, but we object strongly
to oavlna out hundreds of millions
each vear in th form of pensions.
disability allowances, free hospital
treatment, to men whose disabilities,
partial or total, temporary or per
manent, hav nothing what ever to
do with their war service.
The majority of Spanish War vet
erans did not leave the country and
did not campaigning In tropical re
gions or anywhere else.
In th World war less than half
went overseas, and less than a third
were under fire.
Ther is something wrong with the
vhea almost a uuuon ft jar 1
around, avoids activity, and gorges
on sweets and "easily digested"
food all the time?
I'd rather go thru childbirth
than go to my dentist or break
my arm or a lot of other things
that happen to people every day.
If women had faith In their
doctors and obeyed the Instruc
tions their doctors give them, all
would be easier. But I've heard
seversl women say "Oh, Doctors,
what do they know what I'm suf
fering, they never bore any
babies I" Such women follow th
advice of everybody but the doc
tor. Note particularly that the physic
ian administers ether. Sufficient to
tske the edge off the discomfort but
not enough to prevent the patient
from carrying on a conversation of
sorts. Only at the last stage does the
doctor push the anesthesia, as a rule.
That Is the scientific way to manage
childbirth. A doctor who does not
employ obstetric anesthesia as a rou
tine practice Is scarcely fit to attend
a woman In childbirth. Many of the
most distressing complications are
directly due to failure of the phy
sician to employ obstetric anesthesia.
QUESTIONS AND ANSWERS.
Plants In Sleeping Room.
Would a table holding about 30
house plants, geraniums, etc., be in
jurious In the sleeping room of a 3-year-old
baby? Of course windows
are open at night. C. J.
Answer No. Growing plants In
bedroom, living room or sick room
Are rather beneficial to human occu
pants, never Injurious, except In
special Instances where an Individual
happens to be sensitized to or have
an idiosyncrasy for a plant, such as
the not uncommon dermatitis from
primrose.
Friend's Name Bent
My friend tells me that bathing
frequently in salt water will reduce
the weight. Is this true? K. H. M.
Answer No. Nor will bathing with
any kind of salts In the water reduce
weight.
Tomatoes.
Throughout the summer we have
tomatoes every day. However, after
a, few weeks large red lumps appear
at the back of my tongue. As I am
very fond of tomatoes, I wonder if It
is harmful to go on eating them.
P. R.
Answer The tomatoes probably
have nothing to do with the lumps.
If you like tomatoes, I advise you to
continue eating them freely.
(Copyright John P. Dille Co.)
Is required by the Veterans' bureau
and even under present laws this will
be increased as years go by. The final
figures wIU be no longer economical
but will become astronomical.
There is nothing right or Just in
these demands of the ex-service men's
associations and their political
friends. Their Influence for good is
being destroyed. Their demands for
billions can only bring harm to the
country.
They will be looked upon not as
bodies of men who wore the uniform
honorably, but as organizations seek
ing billions for the ex-service men,
regardless of the Justice of the de
mands or the- effect on the future of
our country. These demands will be
resisted.
A. R. LIVINGSTON,
Spanish War, Puerto Rico Expedition.
World War, A. E. P. Second Army.
1
Flight 'o Time
(Medford and Jackson Count)
History from th Flies of' Tbr
Mntl Tribune of ) and 10 Year
4o.) TEN YEARS AGO TODAY
September 20, 1922.
(It was Tuesday.)
Six months drouth In valley end
ed by bountiful rainfall.
City council to hear protests of
taxpayers who think new water sys
tem Is not needed.
Earl C O add is
mayoralty.
enters rao for
A. S. V. Carpenter will spend the
winter In Pasadena, Calif.
L. M. Sweet of Sams Valley writes
a letter to the editor on the tax
situation.
Ashland launches campaign for a
granite quarry.
Sheriff finds a klansman's regalia
hid under sidewalk In Jacksonville,
and "owner can have same by
claiming property, as his name Is
written on It."
TWENTY YEARS AGO TODAY
September 10. 1B12.
(It was Thursday.)
Citizens Insist that something be
don about the lady autoists who
Insist on driving on th wrong side
of Main street at the risk of break
ing their necks.
Coll of evidence tightens about
Mike Spanos, accused of murder. ,
Assessed value of Medford fixed at
S,760.9OO
Farmers of the Applegat to get
electric lights.
Democratic candidate for senator
t declares "Southern Pacific Is throt-
tllng the greatest valley on earth."
California syndicate buy Davis or
chard for 350,000.
Dependable Merchandise
at Sensible Prices
Wmens Apparel and Accessories
ETHEL WYN B. HOFFMANN
Sixth & Holly.
Dry slabs 1.00 per tier. You haul
'tm. Men. Puel. Co,
Nsndie's Club Breakfasts tha blt
in town lie to Wo
Painful Memories Left
By Roosevelt's Activity
As International Banker
"FRANKLIN D. HOOSKVKLA, 'INTERNATIONAL BANKER
Editorial In Ban
People who live in glass houses-
will they never remember how danger
ous It is to throw stones!
Franklin D. Roosevelt la now re
vealed as one of these hurling his
brickbats at the administration from
a house ALL GLASS.
A San Franciscan with a long mem
ory has dug up an advertisement that
appeared In newspapers In 1822. It
was printed In The Chronicle of Octo
ber 13 of that year. It Is an offer
ing of shares In United European In
vestors, Ltd., Franklin D. Roosevelt,
President, a concern proposing profits
in the holding of German marks and
German securities. The local agent
appears In the advertisement a fac
simile of which appears oh this page,
as a dealer in foreign bonds and Ger
man mak options.
This appeal to the American public
to coma In was published just five
ffDlsifea w. .
arTuk. 1. J: l"1""' 'J"1'" in Oo""l
tD EUROPEAN
INVESTORS, LTD.
Mart." iM&X'XSMS' J""' blll", '
in.lu.irl... ,ie. S "d "'''' t Germs
rRK BP?
MONTHLY INSTALLMENTS
- '00 tor On
months before the German financial
collapse, when three thousand billion
marks were equal to about 30 cents
In American money, jvhen all Ger
many went broke and hundreds of
thousands of trusting Americans lost
their shirts.
From this glass house Candidate
Roosevelt hurls his rocks at the "In
ternational bankers gypping the un
suspecting American public with
worthless foreign securities."
What Is an "international banker?"
There has never been a definition.
The "international banker" Is one
of those smoke figures conjured up
with the aid of loud shouts snd snake
dancing. But If an "International
banker" Is one who hangs before the
Innocent American people a bait of
"large earnings and dividends" of
foreign Industries, etc., then it ap
pears that in 1922 Franklin D. Roose
velt was an "International banker."
Were there ever more worthless for
eign securities than .the German
marks and bonds of that time? Wortn.
less! They evaporated completely
after 1923. No foreign securities sold
to the public In the late market
boom have yet proven so worthless
as the German marks and bonds of
1922.
Was the American public ever worse
gypped than It was with these Ger
man securities of 1922. In "the large
earnings and dividends" of which
United European Investors, Ltd..
Franklin D. Roosevelt, president, in
vited the American public to partici
pate Just before the crash came?
We shall not Imitate Candidate
Roosevelt by Intimating that he, as
an "international banker," knew these
foreign securities were going to ex
plode Into thin air when his company
asked the American public to come
In. We prefer to believe he did not
know this. As a matter of fact, no
one knew It. The smartest were
caught with the blindest.
Remembering his own experience,
would not Mr. Roosevelt be fairer,
not to say decenter, if he did not
charge other "international bankers"
with knowing that the foreign securi
ties they were selling to the Ameri
can people were going to lose their
value?
With Indignant screams Mr. Roose
velt and his yellow Journal supporters
demand to know why the Republican
administration did not stop the "In
ternational bankers" from selling to
the people foreign securities that
were going to fall in value. Why, it
may be asked, didn't the administra
tion stop Mr. Roosevelt?
We do not chsrge Mr. Roosevelt
and his company with any such guilt.
We are not so silly as to think they
knew they were unloading a lot of
worthless Junk on the people. They
were mistaken as to the value of Ger
man marks and securities at. that
time. So was everyone else.
But it does not lie in the mouth
of Franklin D. Roosevelt to make
these charges against other "interna
tional bankers." He lives In a glass
house and over It is the sign
UNITED EUROPEAN INVESTORS. Ltd
Franklin D. Roosevelt, President.
Br CHESTER H. ROWELL.
Referring to the advertisement re-
"rTffiqjjfl
4M?r??i.M"!!h:nU EichanBe Bid?. J I
Phipps Sends Greetings
To my friends who may be confused about the entry
of independent candidatei for county judge I send
greetings.
The best strategy of Napoleon, the greatest general,
was to divide the enemy and conquer subdivision at
a time.
The opposition hat saved us the effort by dividing
itself into three factions. Bear in mind it will be
much easier to defeat three than one.
WILLIAM E. PHIPPS,
Democratic Nominee for County Judge.
rnnclsco Chronicle.
printed In another column, In which
Franklin D. Roosevelt, In 1033, was
one of the "International bankers"
dealing In the worst of foreign secu
rities German marks some reminis
cences of what happened to those
marks, within a year of the dat of
this advertisement, may be Interest
ing. Wns In Germany.
I was in Germany at that time and
did business In the fantastic cur
rency which the Inflation produced.
Since then I have never seen a book
or an article except a few wTltten by
myself, which came within a thou
ssndth of the truth. J. M. Keynes,
for Instance, the eminent British eco
nomist, states that the mark went
down to 1.000,000,000 to 1. The fact
Is that it went Just a thousand times
further than that to 1,000,000,000,000
ito 1.
A"? .MONEYS
Million
How much Is that?
9250,000,000,000 Change.
Just In figures, no one can compre
hend either amount. But here are
some practical experiences:
On arriving at a hotel, I was
charged 2 cents for some wrap-.,,
ping paper. I handed the cleric
2.f cents and received $250,000,
000,000 In change. Lenvlng the
hotel, a hungry-looking little gin
said: "I have no bread." So I gave
her $50,000,000,000 to buy a lonf
of bread, and spent $ftO,oob,ooiMMK
more for a street car fare. I still
had $150,000,000,000 left of my as
cents.
I made the acquaintance of a Ger
man lady who was making her living
washing dishes In the Officers' club
at Duesseldorf.
She was a once-wealthy widow with
an Income of 100,000 marks, or $24,
000 a year. So far as she knew she
still had it. I computed that If she
had drawn this income each year and
put it in a box it would have taken
her 200,000 years to accumulate 1 cent
Secretary of Commerce Hoover,
about that time, valued the United
States all Its land, buildings and
other property, and all its money and
intangible wealth. I put that amount,
in German marks, in an envelope and
sent it to a friend in America, with
instructions to buy the United States.
It ccst me Just 30 cents.
Totitd Buy Earth.
Counting the remainder of the
money in my pocket. I found that
with half of it. at Its face value, X
could have bought the round earth
and all its contents, and that with
the remainder, put out at interest, I
could have hired the human race for
ever. Reverting to my training as a
printerv I undertook to compute how
large a bill would have to be to be
worth the paper It was printed on.
The smallest bills then in circulation
were for 10,000.000.000 marks face
value 2, 400. 000, 000. TheM were worth
Just a quarter of a cent. All smaller
denominations, of earlier Issues, had
long gone for waste paper.
I soon gave up, figuring paper as
much too valuable, and began on ink.
According to my figuring. It would
take 1000 marks $240 to pay for
the Ink to print the smallest period
on the bill.
Dinner too Billion.
Finally, Just before leaving. I gave
a simple dinner to Dr. David P. Bar
rows and a few frt?nds. It cost me
seven thousand billion dollars. Out
of the remainder of a $10 bill I
bought some German books.
This Is what happened to the
marks which, a year earlier, were
being sold to the American people.
NEW MERCHANDISE every day at
The Band Box and Shoe Box the
store that saves you money on Hats,
Costs, Suits, Frocks and Shoes. Our
values defy competition. We aim to
save you money.
Be correctly corseted
by ETHELWYN B. HOFFMANN'S
Sixth & Holly street
Phone 543. we'll haul away your
refuse. City Sanitary Service.
-I