The Cedarville Herald, Volume 55, Numbers 1-26

<T - * ■* <Ts T H E C E D A R V I L L E H E R A L D twa KAELK BULL EDITOR AND PUBLISHER' Entered at the Post Oft*,::*. s;edf^’ville» Ohio* October 31, 1887, as r.ecpnd class matter. MKUUCK-NMiaczS; J£ 41 tvjrJ« Awoc.; Qlrfa Ntwsraptr Assoc,; Mlau.l Volley J?rcs» Assoc. .....— ^ 5 ^ — FRIDAY, MAY 27, 1932 RIDINGTWO HORSES Before the Association o f National Advertisers, meeting here, the economist Merryle Stanley Rukeys*r proposed Friday the adoption by Congress o f a $5,000,000,000 prosperity loan. The proposal has a familiar ring. Plans for public works con­ struction at a cost of one or several billion dollars have multi­ plied lately both inside and outside of Congress. Sometimes the proposals smell of the pork barrel. Occasionally economic safeguards arethrowh around them, as in the case of the, Rob­ inson- Hoover proposal that none but profit-making enterprises be undertaken. The philosophy behind them all, however, is the same: that we can revive business by spending federal mon­ ey to create jobs, Mr. Rukeyser’s plan is bolder than most and more persuasive because he sets the ante so high. Obviously, if there is any virtue in spending our way back to prosperity, a $5,000,000,000 splurge is preferable to one of a paltry billion or two. * ' Putting aside the suspicion that even $5,000,000,000 might be a drop in the bucket of current'unemployment, one must ask the practical question, where is the money to come from? Pre­ sumably, from the sale of government bonds, But would the bond market bear up under this immense shower of new certifi­ cates? Government bonds have been holding up fairly well, re­ cently, but their prosperity is due largely to the heavy buying policy of the Federal Reserve System. The weekly excursions of the Federal Reserve into the open market are perhaps mask­ ing a public uneasiness about the future of the government’s credit. This uncertainty is bound to grow if Congress adjourns The news disptaches the past few days carry interesting stories of how some of the nation's big business lead­ ers have played the stock market and taken profits amounting to millions, One day the market was depressed and down went the value o f stocks and the new day is.was sent sky-ward and the suckers awaiting a time to get rich quick bought leaving big profits to those in control. The third day the operators sent the market down a few notches and would buy ready to increase it again the next day and sell at a large margin of profit. In this ways certain stocks made the opera­ tors great sums in profit. Yet we are frequently'told the stock market is a necessity in business. If so then the backroom gambling den and the jog-track have a place, in this modern every-day life the American boasts >f quite frequently. without balancing the budget or if Congress, having balanced the budget on paper, turns around and builds up another deficit with billions in new bonds. The. current agitation for “ prosperity bond issues” reveals the inconsistency of our efforts to win the economic ivar. On the one hand, a policy of drastic retrenchment is proclaimed. Ideal­ ly, if not in fact, expenses are to be pared to the bone. On the other hand, the Administration and Democratic leaders spon­ sor vast expenditures to set the wheels of industry spinning a- gain. With one hand we save; with the other we spend. Uncle Sam appears to be trying, simultaneously, to ride the old gray mare, of Deflation and the racehorse of Inflation. Now, to ride two-horses abreast is a hard enough fea t .. T<5 ride two horses moving in opposite directions is a flat impossibility, It is high time that Congress, the economists and the public in general made up their collective mind in which direction the country is to move. If we choose the course, of spending, it is idle to.talk of balancing the budget. If Cf'.gress enacts a public works construction bill calling for ar expenditure of five bil­ lions or two billions^ or even one billion, any “ balanced budget” it adopts won't be worth the paper it is written on. —-Cincinnati Times-Star INCREASE IN POSTAGE NOT NECESSARY The government operation of the postoffice has left a deficit of many millions and it is now proposed to increase letter post age from two cents tothree cents. But what brought about the deficit? Recent exposures of hoW congressmen and senators use the “ free mail” or franking privilege is one reason. Just this-week the news dispatches state that one senator loaned his “ franking permit” to a candidate for congress down in Okla homa to send out thousands of letters free of postage. The let­ ters were printed in the government printing office at a small cost to the candidate but at a loss to the government, The gov eminent furnished the envelopes, folded and placed the letters in samp and shipped them in mail bags free to the candidate to be addressed and mailed free to voters. Last year members of congress mailed out 33,413,032 ffee pieces of mail; The post­ age on this Would have amounted to $723,671. It would have taken 1253 average mail cars or 123 average length mail trains to distribute this free graft at one, time. Had all free mail sent by congressmen and government. departments been paid for last year it would have returned $ll;575,837 in postage. Another branch of the postoffice that creates a huge deficit each year is the printing of stamped envelopes at a loss to the government but a profit to the Wall Street corporation that has the contract. Certain members.of congress through family con­ nection control this Wall street company of course enjoy certain profits. Printed stamped envelopes are sent from the plant in Dayton to any part of the United States and Alaska as well as territorial possessions. The railroad haulage charge on these envelopes to distant points is far more than what the customer pays for the printing, which only adds to the profit of the con­ tracting company and a-loss to the department. Yet you are to pay three cents for postage instead of two cents for letters to make up the loss. These envelopes are printed in Dayton and of course give employment to a number of people, but the citi­ zens of that city in four years, the life of the contract, will pay the postal department more in three cent postage than the pay­ roll of the company having the contract. The Wall street, com­ pany and certain members of congress interested are to profit if the contract is renewed. ! R. F. C. NOT GIVING AID EXPECTED The government Refinancing Corporation sounds big. The supports of this agency promised big things but only tbe big in­ stitutions are being aided. Like the Federal Reserve System, it may have been born of noble purpose, but it is working’ direct­ ly opposite. To get aid for instance a bank must be.indebted to some Wall Street bank, directly or indirectly. If the bank in trouble has plenty of security a loan is made and eventually the Wall Street bank gets its money,1the depositors o f the troubled bank get nothing. If a loan association owes a bank and the bank owes New York, then again a loan is made. When the government wants a few hundred million the banks make the loan to Unde Sam. The idea of the Federal Barik System was to give protec tion to the banking interests, large and small. It is working at present in perfect harmony with Wall Street. Do not get the idea that the present refinancing corporation is going to bring relief to rural sections. For every dollar the government loans through this corporation, thefe must be two for one security. In other words the government sets only fifty cents as the present value of the, dollar. The business world has already lost faith in the refinancing plan and another kind of a corporation is now proposed. LIFE INSURANCE HOLDING UP WELL Every now and then we hear of some comment as to how life insurance companies can hold up when it is known they al­ ways have been great holders of railroad and industrial stocks as well as government bonds and first mortgages? No'doubt white a member of the 89th General Assembly voted against eome utility measure that would have aaved the public some extra aesh tacit month, Arthur Hamilton, Lebanon, who i» the lepator of the House and proved a willing tool of the utility lobby, was a Hoover delegate, pledged to Walter Brown, to support the wet plank in the party platform, and stands “satis­ factory” to the League. Arthur also lined up for Ingalls for governor, who openly espoused the wet cause. Some day the “wool" will be drawn from the eyes of the drys, who con­ stitute the dry cause and do not have to draw a fat salary to be dry. •Those who speculate in Buck fashion night investigate the recent suicide of a bucket-shop operator in a very near city several days ago. Or watch ;he course of events and testimony Jiatwas-offered,in_the_trial_of_aYirm >f brokers in Cincinnati lately. The bucket-shop operator shot.himself ow- ng to financial reverses we are told, in the wreckage is near a half mil- ion of good securities owned by sev­ eral hundred of the customers. Where the securities now? That's the ire question. The bucket-shop operator jecame discouraged to soon in his operations. It was only a few years ;go that a cashier of .a bank in his ;ity tried to committ suicide in his -arage after wrecking his bank. The bank’s securities had been purloined o the broker’s office to play the stock market. Stockholders and several Jfousand depositors lost nearly-.every- hing. The bucketshop operator had he right kind of a reputation to run 'or congress in the Seventh District, out a gunshot at his own hand ended his career. Educational institutions are hvaing hard sleding over financial affairs if all reports are true. That such can oe expected there is no doubt for we do not know o f anything thst has not been caught by the moratorium and European loans that tended us in a financial panic. Each day we see that certain.institutions have been forced to drop so many o f the faculty. The largest university as well as the small institutions are applying the knife in the same manner. A nearby college some days ago sliced salaries and at the same time dropped a number of professors. One felt the blow to the extent that he became bewildered and failed to show up at. his home where a wife and babies awaited him. About midn: ^ht he was found at the railway station waitings for a train;—He^felt there was nothing in life for him but after friends were informed he was induced to return 'home. Many o f the colleges have lost heavily in securities and stocks in manufacturing concerns that are not able to operate at a prof­ it to pay dividends. The larger the college or university the larger has been the 'loss. The same applies to the land owner or property owner, the more he owns, the worse off he is to day. ■ Someone down in .Washington, D. C., is evidently creating a disturbance by uncovering what each congress­ man and senator is costing the people. It is the fad among congressmen to see who can get the largest number of their family, relatives ' o r . political snoopers on the government pay roll One Democratic Senate leader has five members of his family on the pay roll, one a brother-in-law,* that has never been out o f the state o f Arkan­ sas, let alone. in Washington. An­ other Senator, a Republican, who does not live more than 6,000 miles from this place has a daughter-in-law on the pay roll that is a resident of To­ ledo. The government check goes to a hotel address in Washington each month. When you get in the Hat of congressmen the “farmer’s friend’ is down with two members.of his family on the government pay roll. It was not so irfany years ago that this con­ gressman was so conscious striken. at the increase in salary' that he gave $500 to each county in his district, on condition that the county commission­ ers purchase a certain make of road machinery. Now it appear this dear old friend of the farmer has been us­ ing the road roller on everyone by filling the family pOcketbook at the expense of Uncle Sam. Arthur Bris­ bane, noted writer, once said: “ Beware of the politician that stands in the front row*at church and always sings without a book.” If a state, city or township official, pads a pay roll, it is a prison offense and men have been convicted on suchcharges but down in Washington congressmen and sen­ ators constitute the government and evidently are privileged characters. June 1 is just aftrand the corner and the bread line in moat cities for the unemployed continues. Midsummer and men and women lined up^ on the street in Springfield Tuesday for their “bit” of food to sustain life. If the labor situation does-not improve be­ fore fall what can be expected of the winter. We are told one year ago 65 per cent o f Springfield labor was employed, today it is esitmated that only 35 per cent has employment. In Cincinnati more men are out o f em­ ployment now than test January. So far as reports indicate conditions-are about the same’ one place as the other. Uncommon Sense By M a B lik « GOOD AND EVIL E xper ience , as the copy books and the preachers have told us, is for to Today, Friday, is the big day for the Ohio Anti Saloon League, if the weather vein points in the right di­ rection. Still smarting over the re­ cent primary defeat when the league lost all of its "satisfactory” candi­ dates for major places on each ticket, plans are to be discussed for bringing out.an independent candidate for gOv- j ernor, U. S. Senator and congressmen t at large. Just how far the politicians | wifi let the league function is merely a guess. The league would like to have President W. O. Thompson en­ ter as a candidate for U. S. Senator,’ but in as much as the President is a ! the best teacher. But It It out o f ;the question everybody to go to school to him. Most of Os must learn most of what we know through the experience of others. Just now there is a very loud and very general outcry about the ten dency of tbe stage, and of literature to depict the darker side of life. “What Is the use,” say the timid, “ to pick out the evil of life for the stage and for the library, when there Is so much good that has never been shown?” What Is the use to show a child fire, and explain to him that it will burn If he puts hit little fingers Into It? What Is-the use to teach men and women that disease germs hide In the dust and are carried by the wind to apread Infection to the unwary? Experience may come too .late serve as a warning against much of the wickedness of life. Why not substitute for It the expert erice of others, • * e 1 do not believe In plays or bookn that merely pander to evil instincts. And there are many of them which do this, and nothing else. But there Is no reason why all of life should not be shown to those who can, by themselves, hope to see but very small part of it. Why should the well-to-do live out their lives never .suspecting that there is wretchedness and poverty and op­ pression in the world? Of what Use Is the art of picture making or of writing If It does not bring to minds which grope In the darkness some of the light which could Illuminate them? • . • • The traveler about to start on n Journey gets all possible Information S I R U G A S ^ “A lot of people seem to think,” saya Ironical Irene, “ that Minds are exempt from taxation,” Plan Roadside Gardens for American Highways An ambitious plum to plant roadside flower gardens along the entire length Of all-the “main American-higliwnys- is being sponsored by womens’ or­ ganizations In several eastern states, A considerable extension of the move­ ment is expected ' to, develop .during the coming year, with the enrollment of sponsoring organizations in all the remaining states of the .Union. Backers of the movement urge that the common roadsides are telltale rev- elatlons of the civic spirit dominating a community.. Four states—Mussncliu setts, Pennsylvania, New Jersey and Virginia—have already officially rec­ ognized this fact In their highway de­ partments by malting substantial ap­ propriations and attaching a compe­ tent landscape architect to the staffs In charge of road maintenance and up­ keep. Many other states are moving to join' this progressive group, the Woman's Home Companion reports, and organ­ ized committees are concentrating in many localities on roadside work which will eventually bring the more backward commonwealths into line. T ’ S MORE PLEASANT • Writing letters is a task at best. Saying , it is more pleasant. When1Long Distance rates are so low, especially after 8:30 p. mv why not telephone? Then you have the pleasure and satisfaction of. an intimate chat. Chance for Home Owner to Improve Property A few hundred dollars spent for al­ terations or remodeling will do more today for the home owner than a sim­ ilar purpose any time since the begin uing o f the World war back in 1914. •Scores upon scores of home owners are taking advantage of this oppor­ tunity and a number of far-seeing business men, sensing tbe demand for modernization, have equipped special departments to burnish the supplies and oftentimes tbe workmen. Homes tin were thought to have passed their day o f usefulness, al­ though sltuuted in a good residential section, h&ve blossomed forth with new exteriors, adding not only to their own appearance, but to the appearance and desirnbtlty of their neighborhood. The home owner of today, like the automobile owner, wants to be •mod­ ern. He wants the latest in design, appearance and operation. While the automobile, due to Its construction, is limited In life, the residential dwelling, If properly cared for, will last a cen­ tury.—Cleveland News, BitiflitiiiinJiinir.nifini.niniiiniHi'.iiiinmni'iiiy'.inmt! ANNOUNCEMENT Crain Sorghum Darso Is a grain sorghum of an known origin, It Is probably a cross between a saccharine sorghum and n nonsacchnrloe sorghum.—Exchange. - I have taken the Agency for the Motorist’s Mutual Insurance Company, of which ex-Governor Donahey is the President. As this Company makes a specialty of Automobile Insurance ONLY TO CAREFULLY SELECTED RISKS, places them in a position to furnish you Au­ tomobile PROTECTION at perhaps a more REA­ SONABLE RATE than you have been paying. If interested we would be glad to explain oun con­ tract. jP ■ ' G. H. HARTMAN nr.’ j? O business associate of Harry Wolfe, Columbus political dictator, and at the ( from those who have taken the same same time president of the Anti S a -, journey. loon League, having been recently e-1 In life we are all travelers, and we lected to that honor, it i t . not very , mwst secure all the aid we can lu probable that Harry will give his con- , sent, owing to his. close political as­ sociation with Gilbert Bettman, An- j other story, is that the League might j try to induce L. J, Tabor to run for many private an well as corporate interests. In the days of prosperity many failed to “ prepare of the rainy day” and now face trouble. While insurance companies may hold thousands of acres of land they can by careful management get a small return and be able in the future, when business improves, to get a good profit on their holdings. Insurance companies have had the experience of other panics, as we called them in the past, and they conserve rather than adopt a policy of spending. The future o f live insurance companies depends more upon What action congress takes on economic problems facing the nation as well ns the people. Life Insurance development has been on a more scientific basis than most any other business. governor, following his defeat for U. S. Senator on the Republican ticket. Myers Y. Cooper could run for sena­ tor but hardly could be induced to try his luck. Finding candidates and the most necessary thing, money, to conduct such a campaign to back an ^dependent candidate may be more tof a task than it looks on the surface. Rep. Albert Daniels, Highland Co., is known As bone-dry to every citizen in his county, has the reputation of never having even tasted liquor, had an unusual experience during the re­ cent campaign at the primary, The Anti Saloon League had him tagged as "unsatisfactory” . Probably Albert planning our long and only tour It from books and from the stage we can see life as It Is the knowledge will help rather than harm us, 1 believe that young people today are better fitted to take care of them­ selves, and surer of their steps than were those of fifty years ago, Make things that have been mys­ teries mere matter of fact renlltles, and the evil In them loses Its glamor It Is as much of a mistake to cod­ dle the minds of young people as It Is to coddle their bodies. Provided books and plays are truth­ ful, and are intended to instruct the young and old, rather than to appeal to sensuality, they will do far more good than Imrin. EARN SUBSTANTIAL INCOME Selling P*nny-a*Day Accident and O LD work tiree invite pirno turee, blowouts and skidding. Don’ t wait for them to spoil your trip or cause an accident. Pat on a set o f new Firestone High-Speed Heavy Duty Balloons jthe tires that demonstrated their safety and long tronble-free mile­ age in the Indianapolis 500-m ile endurance race. Used on 3 5 ont o f 8 8 ears including all winners, they fin ished w ithou t a s in g le tire failure* TRADE-IN WOWS! * i Bring in your old tires regard- lew o f make or condition* W e will make fu ll allowance fo r theunused mileage in them and apply it on the purchase price. The low cost o f mm Firestone tires will surprise yon. Come in today. Your tires are worth more in trade before a puno* tnre or biowont than after. Prices Reduced Sensational reductions. New firestone tires cost less now than ever before. Buy now oud savemoney Sickness policies. Atso dollar « year Burglar policy. Write 815-KA, Guar- ante* n il# Btdg„ Ctevetend, Ohio., RALPH WOLFORD LOC.iL A Mrs. C. II. I.-. i$ here an a vi Mr. and Mrs. J. Miss Christ, a position m mer, as cashier Mr. ami Mrs moved into the South Main stir Prof. H. V. I- summer school Rio Grande Col June 8th. The BEST an ists Mutual Au prove it, G. II. rese'ntative. Anyone havir ation Day pleat Creswell or Mr and they will 1 for them. Mr, and Mrs. Wednesday to Highland, O., wl engaged in the ware and lumbe Its too late at or'you "Rave an Insure With Mo ance Co. Home •H. Hartman, rej The A met at the home aid Ferguson M was well planne members. At the meeting they a with the host, served. Rev. Paul D and wife, are gi rnont, Rev. Dun, erator of the R| General Synod burgh, last weei ered a radio sei| Presbyterian c and made a visil id Kennedy at i| Mr. and Mrs.l Thursday for F<| they will visit Mr. and Mrs. were accompanil by their daugh| die, who went join Mrs. Arinal charge of a gi| Wisconsin. The picture thl erected some yl Foster. Houston Springfield real to reports is ta way for a fillil The South Cl ucatioh has be| money to pay teachers, The I teen paid eithol sir. Walter Wl mvs . A. E. Will pled Wednesdaj of Springfield; I nected with thof in Springfield.. Mr. Wendell I near Circlevill with friends. Mr. Alfred teaching in thl has returned hi • Mr. Otto Kil Indianapolis, s) their son andf and Mrs. O. VI Miss Sara the weelt-end ses Josephine, Miss Nellu Was the gu<- Friday. Prof. John stopped here enroute to th| state. Prof, head of the ll Ccdarville Co| Notice to the unfortumj we ran buy past. TUBE1 Deliver] Milkl Mill Crei COTTAGl EAR