The Cedarville Herald, Volume 60, Numbers 27-52

eacDAsmus herald , F riday , S eptember *, »w mi THE C E D A R V I L L E HE R A LD KABLH B U L L ---------- MBfltEK—Jf»tla8ul XdUurliil Aston. — EDITOR AND PUBLISHER Ohio N« w * p » pm A mog .; lUaml ViUlw Vrwu Aasoc. Entered at the Post Office, Cedarville, Ohio, October 31,1887, M second class matter, ________________FRIDAY, AUGUST 6, 1937_______________ NO TIME FOR IMPEACHMENT NOW The South has sickened on the New Deal. It is almost in a rebellious state over the acts of the Squire from Hyde Park, New York’s once famous Fifth Avenue play boy. The Congress is Democratic and so is. the South but the folks down in. the land of cotton have been having a hard time swallowing Com' munism as well as Socialism. Packing the Supreme Court disturbed the digestive system of the South but when it came to a Roosevelt-Lewis plan to control hours of labor and rate of pay by law, convulsions set in immediately. The whole South warmed the wax in the ears of Con­ gressional leaders and commanded them to challenge the party leadership of one whom they feel is nothing hut putty in the hands of a labor anarchist. The New Deal retaliated and shewed fight, the club being no more WPA money, no more free privies o f the Roosevelt brand, a change in every post- office where congressmen refused to follow orders from the White House. The patronage whip won as the vote in the Senate proved. Both Ohio senators voted against the com­ mand of the New Dealers. What has been the harvest? A Macon, Ga., Democratic newspaper, editorially demands that congress impeach Roose­ velt. A Chattanooga, Tenn., Democratic newspaper makes similar demands. Other southern, publishers boil and vent their spleen against Communism and dictatorship. It is the first time in history that the south has challenged a so-called Democratic president. The South has reaped just what it has sown—anarchy. It upheld' the NRA that was burdened with union demands that northern industry would locate in the south where cheap labor was guaranteed. Hundreds of concerns moved south to take advantage of free taxes for a period of years as well as low wages. Hundreds of millions of dollars in free money was dumped by the New Deal into the south for any kind of an enterprise—government money collected from nprthern manu­ facturing concerns. The South has been “ hoist on its own petard” but it has not suffered enough yet for repentance so we say "No Im peachment” at this time, i le wage and hour law in force under John L. Lewis and no Squire from Hyde Park will.be able to double cross labor. > With Lewis in command then it will be time for impeach­ ment and both north and south will join hands in this very thing.. SHALL WE KILL THE GOOSE? One of the. nation’s leading lawmakers in a recent radio address made a rather astounding statement .which indicated that he has a facility for overlooking fundamentals. This lawmaker, advocating passage of a bill he sponsored, said that if it increased costs of production the thing to do would be just to take.the increased costs out of profit. That is what is.called specious reasoning—it looks all right, but that is all. ■ Look Stt it this way. Abraham Lincoln once said.: “ The prudent, penniless beginner in the world labors for wages Tor awhile, save a surplus with which to buy tools or land for him­ self, then labors for himself another while and At length hires another new beginner to help him. That is the just, andlgener- ous and prosperous system, which opens the way to all, gives hope to. all, and consequent energy, and progress, and' im­ provement of condition to all.” What Lincoln said 'of an individual is, in slightly different fashion, true of the corporation. The .corporation is financed by money furnished by investors. If the corporation makes more than it needs, it distributes that money to its investors who either spend it, and thus provide jobs for the persons who m.ake the things they buy, or reinvest it, and thus provide, more jobs in, the same or another corporation. Now what happens if the beginner Lincoln talked about is uable to earn a surplus? He remains forever unable to hire another beginner. The same is true of a corporation. Government is.necessary. It- costs money. That v >ney can be obtained only by taxes. The taxes can come only of the surplusesof individuals or corporations. If we take all the surpluses in taxes; if we do away with all profits, we naturally dry up the source of government ihcome, kill the goose that lays the golden egg, and threaten the stability of government. : . —Western Star, Lebanon. , AUGUST INDEED August is both an adjective and a proper noun. As an adjective, it come from a Latin root which means “ to increase,” and is defined as “majestic, grand, imposing; of high birth or rank; veneratoJe; eminent.” Among its synonyms are “ awful,” “ grand,” kingly.” It is one of the great words in the language, carrying more of substance, pomp and just pride than almost any other, though with the hint of a tragic undertone.- ' When thus we have characterized the adjective, almost we Lave characterized the noun of the same name-—the month of August, which is not at hand. It is summer’s imperial month, coming late like all the empires of history acclaimed by in­ visible cymbals in the trees and grasses, and wearing, as hill­ sides and highway borders attest, a mantle of purple and gold. After empire, comes a period of repose and of splendid decay; and then anarchist impulses loose the forces of destruction winds and the sterile economic philosophy of snow are ahead, for August does not last forever. One must 'enjoy its richness while he may. —Cincinnati Times-Star. BUT NOT UNCONSTITUTIONAL A good many jokes have been made of the Federal laws that have operated for yeara only to be found unconstitutional and void in the end. A different situation has now arisen which lends itself to further merriment. For 80 years Federal law has banned street car tokens, milk checks, beer checks, and other such trivia of the .semi monetary world. But nobody ever noticed the law until the Senate Banking Committee realized it made a great mass of transactions illegal.. Doubtless the error will be corrected at once, for it is plain that streetcar checks and their cousins in the token family are not “ competing with small United States coins.” In the meantime you can probably go on using tokens as you like with fair assurance that you will not be haled into court. Unlike the Blue Eagle and the processing taxes, tokens are “ illegal, but not unconstitutional.” —Cincinnati Enquirer. crittii directed at the White House, we ! will not have to live long to hear over ‘ the -air some o f the things stated in Detroit more or less behind the dpor, When that time comes we know a few dyed-in-the-ifrool New Dealers in these Uncle Sam’s financial institutions certainly have been proving the claim it ‘’better business everywhere.” No individual, corporation or nation for that matter, is so extremely engaged in the real estate business as the New Dealers that have taken over the country from Unde Sam but still giv­ ing him credit for a new species of money now in circulation. The HOLC in every county in the forty-eight dates is taking title to property with government loans at the rate of two 3nd three a week in rural counties up to twenty-five and higher in the cities. The New Deal now owns more wortli- less property than was ever owned by any country, and this is not saying vhat many pieces of good' property have not been foreclosed, Ohio aver- iges about 250 homes a week. Your /juess on the forthy-eight state should create new interest. When it comes to farm lands the twelve Federal Land banks in the last six months reports the sale of 6757 farms and 1114 part farms. The value if the farms sold was $20,937,000, and icre again the’ report does not say' low much money the new owners paid !own or how much is yet due under he new mortgage. . Had any bank, Raiding and loan or individual brought a dozen foreclosures at a time bore would have been a great noise aised at the White House about the ruel and heartless money " lenders •aking advantage o f the poor property owner. We often wonder if those de­ positors in building and loans that /ere so critical of management of nstitulions three or four years ago 'ully realized the reason the with- Irawal notice was enforced. was be­ cause thousands of people .were in- luenceo by false claims of New Deal leaders that they should not continue o pay either interest or principle. It •vas a Roosevelt racket to inflame people and create class distinction and mild resentment against those . in ■harge o f financial institutions for political purposes. Every court of the and is noiv cluttered with foreclosure mils brought by Roosevelt admiriis- .ration appointees and home and ’arms are offered for sale. .. Watch lie sheriff sales in your own county Mid see if a large majority are not ales the result of foreclosure from ome government agency. There was an intimation at the \EA meeting in Detroit that automo- iile manufacturers would increase the mice o f all cars as new models come m the market this fall. A few days rgo Ford intimated that the increase vould be from $15'to. $555 a car. Gen- u-al Motors at the Pontine meeting ntimated the same thing but so far uo price increase has been announced, •iome of .the higher priced ears may le increased as much as twenty-five ,)cr cent. Union labor scale forced up prices of ail metals, ■as well as- other materials, Motor car manu­ facturers must also meet higher union labor costs. AH' interests must meet the heavy government social security (axes but the auto purchaser is at (he end of the line anil in the end pays the total increase.for the New Deal experiment. Of course a New Dealer will not argue the price increase with the local dealer—who is helpless. DR. PAUL J. VOLKERT Dentist In Bank Building OFFICE HOURS Monday and Friday—0:30 A. M, <o 5 I*. M. Tuesday, Thursday and Saturday—0:30 A. M. to 8:30 P. M. Office Closed Wednesday ■ We wonder just how many farmers really know how they escaped the pangs of what was intended for them in the first draft of the federal child labor bill. The bill passed both houses of congress but with some amendments. The original bill was drawn by the brain-trusters, labor- union leaders and given secret ap­ proval by Roosevelt, before it went to pithcr House. I^t was a newspaper man that read between the lines the hidden yet innocent little sentence that when disected took control of every child from its’ parents until it was eighteen years o f age. A penalty was provided had a parent used the labor of any child up to that age •vliere a crop, merchandise, material or service of any kind was offered for •ale. A groceryman could not have hied his son to deliver a basket of groceries; the boy.or girl oh the farm ’ould not be used to milk the cows if fhe cream, milk or butter was sold. The city chap could not. be employed by a neighbor to mow the lawn if be was not eighteen years of age. In the light of recent developments, the hour Uid wage bill, forced through the Senate by the New Dealers, the. news­ paperman did not do society a favor i in exposing the restriction o f young labor for the parent. The calf should have had all the rope lie wanted, thus insuring hanging himself (the Dictator). When we circulated among a few score of Southern newspaper men two weeks ago at a convention in De­ troit and heard some intc-esting, and unprintable things about certain New Deal lefiders, we made up our mind that one of the joys o f our young life would be in living long enough to hear the background of the Democratic- Communistic administration mnde a matter o f public record. Judging from the vote in the Senate, Saturday, and the hell-fire from Southern Demo- quurter* that we will want to meat face to face. Cong. Herbert Bigelow, Cincinnati, former Socialist leader in that city and head o f the Ohio Constitutional convention in 1912, was elected to the city commission two years ago. Last year he resigned and was elected to congress from that district on the Democratic ticket, it being good enough for any Socialist. Roosevelt was the idol o f the Socialist heart so the Democratic ticket ww used to follow Roosevelt, although the regular party leaders openly opposed his (Continued on page four ) e v e r y w a y w i t h a \ y $ 0 * $ 0 » e & on First Cost on Gas and Oil e on Upkeep CHEVROLET MOTOR DIVISION, Central Motors Sat** Corporation* DETROIT, MICHIGAN Central Motort initoHmortt Plan— monthlypayments to tuft yourpunt* FOR ECONOMICAL TRANSPORTATION . . . . and enjoy better motoring too, in this smarter, more modern, more comfortable car CUMMINGS CHEVROLET SALES CEDARVILLE, OHIO 1835 1937 The Xenia National Bank A Helpful Organization for More Than 102 Yeairs Over 90 per cent of the volume of business transactions involves the use of checks.—A check book: acts as a constant reminder of the difference between Income and Outgo. - A BANK ACCOUN T - Many a good opportunity has been passed on to the person who had the- ready cash.—Therefore build yourself a surplus in our bank and get ready to grasp the bargain when it appears. With a surplus at your command our bank will help you to help yourself. Establishes your credit. Systematizes your business, Provides a safe place for your money. This bank takes a personal interest in all of its patrons, Their success is bound up with our success. Condensed Statement of The Xenia National Bank As Of June 80th, 1937 WHAT WE OWN WHAT WE OWE Cash in vault and in banks ... ..... $ 814,326.79 Loans to our Customers ................ 582,125.84 U„ S. Bonds and Guaranteed by U. S..................................... 361,750.00 Federal Land Bank Bonds ........ 275,900,00 Ohio Municipal Bonds ........ ........ 24,396.88 Federal Reserve Bank Stock ......... 6,000.00 Banking House— $14,500 Furniture & Fixtures—$1.00....... 14,501.00 Other Assets ......... 128.09 Total Assets............................. $2,079,128.60 To Our Depositors ........................$1,707,966.34 Capital Stock .......$100,000.00 Surplus . a ............ -$100,000.00 Undivided Profits $100,050.80 Reserves................$ 71,106.46 , . Total Capital Account.........,........ 371,162,26 Total Liabilities ...................$2,079,128.60 Each account insured up to $5000.00 by F, D, I. C. Safety Deposit boxes for rent. We invite you to discuss confidentially with us your financial problems. OFFICERS DIRECTORS H. E. EAVEY.......President and Chairman of Board II. E. EAVEY MARY LITTLE DICE ....................... Vice President ' MRS. MARY LITTLE DICE R. O. WEAD ............... :.......... .........................Cashier HENRY C. FLYNN F. B. CLEMMEQ................ ...........Assistant Cashier JOS. A, FINNEY WILLIAM B, FRAVER ...................Assistant Cashier R. O. WEAD The Xenia National Bank i Xenia, Ohio 1835 Over 102 Years o f Community Service 1937 ............ >...........- ........................! \ . E Mr. von, . C am , they \ Mrs been Mrs. . home The - Class, a picn Bryan Miss the To her v: Mr. ar Mr. , returm where charge made Mr. Denvci Mond t Jamies o f Dr. Mr. their n Willan cheater Dr. Hi dren, 1 Wasus Dr. . last W r son in extendi former practie twenty Montgi He i: brother and th died sc The gomer; U Sto fame ANTI “ 1 [