Indianapolis Times, Volume 44, Number 301, Indianapolis, Marion County, 27 April 1933 — Page 12

PAGE 12

Hie Indianapolis Times ( A SCRII'I'S-IIOIVAKO MiWSPAPKB ) ROY W. HOWARD President TALCOTT POWELL Kdlror EARL D. BAKER ....... Business Manager Rhone—Riley 5551

• •nett *nu Olv Light ant iht /‘raplt Will Fint Their Oxen fVav

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FOR LABOR of the chief virtues of the administration's short hour and minimum wage bill is that it would stimulate union organization throughout industry, by providing for labor representation on wage boards. Just why Mr. Green of the American Federation of Labor objects to a measure which might achieve labor organization among the great mass of workers is not altogether clear. He says a minimum wage would become the maximum wage, and that living standards would be pulled down instead of lifted up. Mr. Green does not apply his argument to women and children. He admits that a minimum wage benefits them —because they are “so weak and helpless.’’ Mr. Green is right in saying that the weak and helpless need the minimum wage. And is not the A. F. of L. male member who can not get a job weak and helpless? Are not the 13,000.000 American workers who are unemployed weak and helpless? Are not American workers who have suffered depression w r age cuts weak and helpless? The maximum wage is achieved only when labor has a maximum of organization and a maximum of bargaining power. This bill, with its system of mandatory labor representa- „ tion on hour-and-wage boards, would give American labor as a whole more organization and more bargaining power than it ever has had. Labor is lucky to have President Roosevelt and Secretary Perkins fighting its battle for a living w r age. THE FOREIGN NEGOTIATIONS TJRIME MINISTER RAMSAY MACDONALD is returning to England without a Washington agreement. Mr. Herriot and other foreign negotiators also will go back without a settlement. That is as it should be. Any secret pacts entered into by a few powers would be rejected at the world economic conference by the other countries and would cause them more harm than good. But that does not mean the Washington conversations have been useless. On the contrary, they seem to have resulted in a greatly improved attitude on the part of the governments concerned. According to President Roosevelt, Prime Minister MacDonald and Mr. Herriot, the air has been cleared of recriminations and suspicions tending to make success at the coming economic conference Impossible. Perhaps this overstates the case. It would be strange indeed if all the national selfishness which has moved governments in the debt, tariff and monetary conflicts had disappeared in the warmth of the Rooseveltian smile. Nevertheless, it does not seem too much to believe that the President partly has persuaded the British and French governments that America has no Shylock attitude toward debt collection, that we have learned our costly lesson of high tariff and are ready for reciprocal reduction, that we will contribute to stabilization of international exchanges at r just level, and that we will co-operate with Europe for disarmament and peace. Whether the world economic conference meeting in London in June will solve all or any of these difficult problems remains to be seen. But the chances of success are better because of the frank and friendly conversations at the White House. CHILD LABOR STRIKERS IN America, where 13.000.000 adults plead for jobs, children are on strike to win less than living wages. Each one a thunderous argument for antichild labor and minimum wage laws, several hundred boy and girl workers have .walked out of shirt and pajama sweatshop factories in Allentown and Northampton. Pa. The ranks of the "baby strikers” are filled with many 14-year-olds. A majority of the pickets are 16 or under. Their strike is for a 10 per cent increase in piecework schedules, restoration of a recent pay cut, and recognition of “a union.” These mild demands are resisted by the sweatshop owners, who are charged with paying the children as " low as 30 cents a week. Child garment workers in Shanghai get twice that much. Typical of the stories of these sweatshop children, as told by the Pennsylvania department of labor, is that of a 15-year-old girl. Her father is dead and she is the only member of a family of seven to have found work. Since October. 1931. she has worked at an average wage of 85 cents a week. Investigators describe factory and sanitary conditions as shocking. During the winter, when the little , workers complained of the cold, they were told to "work faster and keep warm.” The United States labor department reports that there are forty sweatshops in the • vicinity, employing some 3,200 boys and girls, one-fourth of whom are between 14 and 16. The sweatshop evil is spreading rapidly • throughout the industrial east and south. What more powerful argument need be laid before the states and congress in behalf of the child labor amendment and the pending short work week and minimum wage bill than this shameful picture of American children on strike against economic slavery? SOWING SCIENCE SEEDS NO matter how hard pressed for money, the farmer never sells his seed. He must keep enough of one year's crop to allow a sowing in the spring for another harvest. Uncle Sam is hard pressed for money and he looks upon federal government activities wdth a saving eye. In these days of economy he must not sell his science seeds. He must continue to plant in the fertile soil of our If.l-i r

civilization a few of the many dollars that science has created. Invest a dollar in science now and a hundred or more dollars will arfte in savings to the public, the farmer, the industrialist, and the government itself. The government spends for scientific research the equivalent of about 3 cents a year on behalf of every American, a total of some $35,000,000 a year. The return from this investment, year in and year out, is some $4,000,000,000, Judging from typical specific instances. If Uncle Bam reckoned his profits in dollars instead of service to the whole people, that means that the whole cost of government would be met from his investment in scientific research. Instead, these profits go to the people as savings, as protection against loss, as aids to better living. If you talked to scientists in the department of agriculture, the bureau of standards, the geological and geodetic survey, the bureau of mines and fisheries, etc., if you dug into the records of achievements, you would find repeatedly cases like this: cost, $200,000 a year; benefit returned, $20,000,000 a year. That is the true story in the case of the fight against black-stem rust of wheat and other grains. In cold dollars, Sfientiflc research pays, and pays magnificently. But dollars are not everything in life. Try to compute the prevention of pellagra, the daily weather forecast, the assurance of correct time, uncontaminated meat and pure foods and drugs in terms of dollars and cents. A CASE FOR APPEAL 'T'HE case of William B. Jones, Secretary of the United Mine Workers of America, who was convicted of first degree murder and sentenced to life imprisonment in the Harlan county labor troubles, has been affirmed by the Kentucky court of appeals. It was criticism of the prosecutor’s argument in the Jones case for which reporters of the Knoxville News-Sentinel, a ScrippsHoward newspaper, were expelled from Judge Henry r Prewitt’s court room at Mt. Sterling, Ky. That criticism was based upon an account of the prosecutor’s speech—which was climaxed not by a summation of evidence, but by a ringing denunciation of unionism and the “reds.” At the time of the prosecutor’s speech, The News-Sentinel commented: “There is no fair-minded man who has followed the Jones trial who can help wondering in his own mind whether the Harlan county labor leader was convicted and sentenced to life imprisonment for murder, or for being a labor leader. “So long as our courts permit themselves to be a stage for tirades of political and social prejudice, they will not obtain the full confidence of those who believe in even-handed justice. “Perhaps the supreme court of Kentucky will upset this verdict. If it does not, the fight for a fairer trial or for Jones’ freedom will go on until it is won or he dies in the penitentiary.” * The Kentucky court of appeals has failed to upset the verdict. The fight for a fairef trial must go higher. There is on trial not only the freedom of a single labor leader, but a courtroom practice which has long gone practically unchecked in most, if not all, the courts of the nation. Overzealous advocates marshal all the prejudices at their mind's command to influence the jury—prejudices entirely aside from the facts in the case. Let the United States supreme court speak in this case. DANGER OF FORECLOSURES LEONARD P. AYRES, economist, sounds a rather timely warning in connection with the current inflationary program. At present, he says, innumerable farm mortgages are being carried by investors even though payments on interest and principal are in default. They are being carried, not because the investors are big-hearted, but because there is no market for farm land. “Let farm prices and the price of the farm rise.” remarks Colonel Ayres, “and the man who holds the mortgage may have the temptation to foreclose.”, We aren’t sure yet, of course, just what this new program is going to do to farm land prices. If it does put them up. the danger that Colonel Ayres mentions might become very real. Some sort of provision may have to be made to protect the debtor from a measure designed to help him. CHANCE FOR ART IN MOVIES ANDERSON, usually ranked among the half dozen finest novelists in America, believes that writing is a dead business. The “great American novel” th-.t everybody has been waiting for, he says, never will be written; instead, we shall have a great American movie. This, he points out. means that the ardent young writer who feels that he is a budding genius should not waste his time trying to write novels; he should look to the mo ring picture if he hopes to get anywhere. “The movie really reaches the people,” says Mr. Anderson. ‘ In a small town every one goes to the drug store after the show and talks it over, and then they go home to tell the plot to grandfather, whose bad knee has kept him in his chair, and they discuss it for a week until anew one comes. “Movies should be simple. I am not sure I believe in propaganda movies, although Eisenstein's ‘Potemkin.’ with that wonderful scene of the terror on the long flight of steps, was a great work. “But the movies I have in mind should be simple stories of life in this country, in America.” Just to clinch his argument, Mr. Anderson points to the contrast between the moviemaker. whose product goes before millions upon millions of people, and the novelist, who feels lucky If he reaches as many as 10,000 people. Despite the obvious fact that the average serious novel towers above the average program movie, intellectually, as Pike’s Peak towers over a prairie dog's earth mound, it is more than possible that Mr. Anderson is entirely right. With all its faults—and they are almost beyond counting—the moving picture does offer to the artist a field which is simply breath-

taking in its breadth and scope. To date the possibilities have hardly been tapped. But they are there, waiting to be exploited; and when the exploitation comes we are quite likely to present the world with anew richness of artistic creation that will be nothing less than dazzling. So far the arts in America have not taken very deep root in the life of the ordinary man. They have a way of resembling shoots grafted onto the main stem. The mode offers a chance for an art that springs up from the grass roots; an art that could express and transfigure the lusty, manysided, turbulent, and eternally vital life of a great nation. CONTROLLING HARD LIQUOR •pROFESSOR YANDELL HENDERSON of Yale university offers a suggestion for the control of hard liquors which at least has the merit of being new. “After repeal of the eighteenth amendment,” he says, “the stronger alcoholic beverages must be absolutely separated from the weaker ones and controlled essentially as morphine and cocaine are controlled under the Harrison act.” Beer and light wines, Professor Henderson says, really are in a class with tea and coffee. The strong liquors, however, ought to be classed w’ith narcotic drugs, he believes, and should be dispensed under the same sort of laws. It is doubtful if many repealists would go the whole way with him on this program. But his remark does emphasize the fact that the sort of control which works very well for beverages like beer might work very disastrously with whisky. GIVE IT A PUSH! ATTHAT is wrong with the Reconstruction ™ " Finance Corporation? With lofty aims it was founded, but with less vigor and less money. The hundreds of thousands who looked hopefully to it for jobs are for the most part still looking, but not hopefully. Thousands are going without work because of the corporation’s delay in providing money for self-liquidating projects already approved by states and some of them also by the Reconstruction Finance Corporation. Treasury Secretary Woodin says there is no money. Or he says the government has not had enough time to consider the projects. Meantime what of the workless men and their families? Why the promise unless fulfillment was honestly intended? It is beginning to look as though the most urgent job of reconstruction involved the Reconstruction Finance Corporation itself. Won’t President Roosevelt give it a push, to start it going? A good share of the United States senate seems to want to change the administration’s theme song from “Happy Days Are Here Again” to “Silver Threads Among the Gold.” Woman statistician shows that only one in eighty-six women drivers has an auto accident, while one in twenty-one men drivers call up the wrecking car. Doesn’t say how many of those accidents happened to the men under instructions from the back seat. Arkansas town has organized the Mountain Club Anti-Cussing Club. Don’t know what kind of a club it is, but we feel sure it isn’t a golf club. Poets should work 150 hours a week, says Edwin Markham. The idea being, we suppose, that when the rest of us get the thirtyhour week someone will read the poetry.

M.E.TracySays:

EIGHT months ago James J. Walker was not only mayor of New York, but a power in Democratic politics with which many leaders felt it necessary to reckon. Now he is Betty Compton's husband. Whether he has gained or lost by the change, it upset a lot of well-laid plans and spoiled an even greater amount of prophesying. The end of last July found political forecasters leaning heavily on the Walker case. Some doubted whether the man who now is President had the hardihood to go through with it, or whether he would not lose the election if he did. Mr. Roosevelt not only went through, but came out with flying colors. It was his first real test as a national figure, and it made him many votes. Still, and in spite of the fact that Mayor talker resigned rather than stay for the finish, local prophets would not abandon him as a pivotal influence in the Tammany horoscope. He could and would be re-elected, they said, and he himself seems to have had little doubt of it. At any rate, he made strenuous efforts to reach home in time for the hastily called convention. a tt tt WHAT happened during the eleventh hour parleying remains a mystery, but there was no stampede in behalf of Jimmy. Maybe headquarters decided that the thing had gone far enough and that it would be wiser to abandon a resigned servant than defy a probable President. The crow'd stood ready to perform its duty, but the leaders concluded that discretion was the better part of valor. Like many another super-man, Mr. Walker was abruptly and completely deflated. New York discovered that he was not essential to its happiness, and. though badly shaken for a moment, Tammany proved able to pull through without him All this involved a tremendous alteration of view'point all along the line. Tthe bad guessing, inaccurate appraisals and groundless fears which characterized the whole performance furnish a vivid illustration of howlittle most of us really know about politics. Under normal conditions, the play-boy and machine-rule can be counted on to bring home the bacon, but when things get serious they axe not so dependable. * a tt THOSE who heard Mayor Walker examined by Governor Roosevelt were amazed by his sorry showing. That is because they had overestimated his intelligence, has mistaken wit for wisdom. If anything, Franklin D. Roosevelt is a betnatured and kindlier disposed man than James J. Walker, but he never trades on it. In that lies a fundamental difference. Like every other talent, a sense of humor can be cultivated and commercialized. Hundreds of people have exchanged it for real money, while as many more have employed it But that is not the same thing as keeping to get votes. it in reserve as a leaven so rhuman sympathy and letting it go natural. Those honestly devoted to the interests of their fellow men have no sense of humor to spare. They need it all as a lubricant.

THE INDIANAPOLIS TIMES *.

(Times readers are invited to express their views in these columns. Hake your letters short, so all can have a chance. Limit them to 250 words or less.) By Forrest Rogers. If the Governor of Minnesota resorts to confiscation to provide for poor relief, he only would be taking a purely retaliatory measure for the benefit of an outraged people. No class yet has so bold an example as our “American Bourbons.” Homes, farms, and personal possessions have been confiscated because people have been denied the right to w'ork or were denied decent compensation for their work. Only the “great unwashed horde” and the aristocrats of mind ever have justified their existence or our country great. Otherwise, this still w’ould be a great wilderness. These people never have refused honest work. The manipulators and shysters have confiscated the life's savings and possessions of a useful people. Too many have been exposed to need mentioning. “Labor is prior to, and independent, of capital.” Capital is only the fruits of labor, even if the cunning do succeed in confiscating most of it. The “blind” who insist on taking all benefits of improved machinery and scientific knowledge, which only labor conceived, making the unemployed suffer and the taxpayers pay for their folly, do not realize that the Socialism they enjoy in schools, libraries, streets, bridges, fire protection and many other advantages (all operated for use and not profit) inevitably will be extended, regardless of those who W'ould dam the stream of evolution. The lists of first-class minds of yesterday and today among writers, clergy, historians, and economists, w'ho have advocated Socialism are too formidable to be enumerated. Such people are the aristocrats and do not cower behind money bags. Capital and interest are not inviolate—only the rights of man for “Life, Liberty, and the Pursuit of Happiness.” Should the “Taxpayer’ recall the Sermon on ’the Mount, the fifth chapter of St. James, of any of the other teachings of Christ

This is the last ol three articles by Dr. Fishbein on the new liquor prescription law and the use of alcohol in treating disease. VARIOUS points of view in relationship to alcohol are held by hygienists. It must be understood that our hygiene of the past was moral rather than scientific hygiene. In the textbooks on hygiene usea in the schools in a previous quarter century, this moral attitude was emphasized and resulted in Volsteadism. Today a more scientific view prevails, and there is beginning to be a reaction to the extremism of the past. Since most people indulge in what is called pendulum thinking, there is danger of swinging now to the opposite extreme. In their book, entitled “How to Live,” Fisher and Fiske assembled data from the statistics of life insurance companies, which reveal the difficulty of gaining any definite

A CORRESPONDENT who is irked at the sight of women in business writes: “Men are far more practical and much less sentimental than women and we made a tremendous mistake when we let you meddle with affairs outside the home.” Now. I wonder about that. Perhaps this, too, is just one of those things we have repeated to ourselves until we have come to believe it. Because women have been romantic about love, men are misled into thinking they are impractical about life. Which is far from being the case. I know that men always have congratulated themselves upon their lack of sentimentality, although they often behave more foolishly than a bunch of schoolgirls. Take the recent depression, for example. Did they face the issue squarely? Did they admit that by extravagant spending and gambling and emotional ' susceptibility to propaganda we had brought ft on ourselves? And did they set themselves seriously to cure it? Not at &1L

Well! Well! Look Who Ca me Up for Air!

The Message Center

Scientific View Taken on Alcohol Value — - = BY DR. MORRIS FISHBBIN ' -■=

: : A Woman’s Viewpoint : : ----- ■ ■' ~ BY MRS. WALTER FERGUSON ■■ -

‘Dumb Insolence * By Another Taxpayer. XTVHE most idiotic thing yet written since the depression began is the contribution of “Taxpayer” in The Times of April 24. Such insolence is a curse to the country and an infinitely greater menace to it than all the Socialism, Communism, and radicalism of a thousand Governor Olsens of Minnesota. It is true, as “Taxpayer” says, that we have had a peasant class to perform the menial tasks and an aristocracy that rules over the peasantry, but that is the only truth he has uttered in a letter that contains one or more absurdities in every- line. He has been asleep longer than Rip Van Winkle and has awakened in anew world. This vicious Tory philosophy had its day under the regime of Ho6ver, Mellon and Mills, and it just about destroyed the country. That is

he would realize that greed is not sacred. When society finds itself and all men are given eqaal opportunity of development and education, we will find out who are the peasants or menials, but may God grant that they enjoy life and the fullness thereof. There is but one true aristocracy and that is the aristocracy of heart and mind, and not the insane-money-mad class which periodically has wrecked our entire economic system and spat upon those whom they wronged. By Another Self-Styled Traveling Salesman Traveling Salesman says he was embarrassed greatly in this city, when he dated two ladies to meet him at a hotel and found them sitting beside two girls he classed as streetwalkers. Perhaps these girls were gazing at him through curiosity more than admiration, his being from some remote locality giving cause for the remarks they made. A girl’s friend-

Editor Journal of the American Medical Association and of Hygeia. the Health Marazine.

conclusions on the inadequate information available. They argue that alcohol is not a real brain stimulant, but that it overcomes higher brain elements, releasing the activities of the lower ones and resulting in lack of judgment and common sense, as shown by those under the influence of alcohol. Evidence shows that under moderate doses, muscular efficiency is first increased and then lowered. It is practically impossible, however, to separate their scientific opinions from their views as to the effects of alcoholic liquors from a social and moral point of view. By contrast, Dr. H. Beckman, in his book on “Treatment in General Practice,” lists some forty uses for

At least, not until they had suffered immeasurable losses and the nation had slid to the very brink of disaster. Instead, they tallied about that depression as if it were some sort of a wild beast that had sneaked unawares upon good little Questions and Answers the widow? of Grover Cleveland receive a pension from the United States government? A—She receives $5,000 a year. Q —Give the measurements and cost of the international peace bridge over the Niagara river. A—The bridge between Ft. Porter, at Buffalo, and Ft. Erie, in Canada, was formally opened Aug. 7, 1927, and is 4,400 feet long, with a channel span of 360 feet, and a vertical clearance of 100 feet above the river. It cost $4,000,000 and has a capacity of 3,000 automobiles an hour.

w T hy it is now necessary for anew deal to come to the rescue. "Taxpayer’s” ignorance o f causes and conditions is betrayed by nothing so completely as by his sneering reference to the “great unwashed horde.” This is not only an irtsult to millions of good citizens indispensable to the nation, but actually an incitement to bloody revolution. If “Taxpayer” ever becomes the victim of Bolshevik brutality in this country, he can blame nothing except the selfishness, snobbery and ignorance of his own kind. The “unskilled lower classes” he so despises will have a better deal or they will perish, and with them will go smug, un-Christian people like "Taxpayer.” Either he is an exploiter or a dumb and misguided tool of exploiters. His is the traditional cry of special privilege, qow grown faint against a rising chorus of more than 100,000,000 boos.

ly or giddy remarks do not class her as immoral. He should have a policeman escort him while in the city or bring his wife with him.

So They Say

The need of the reform of our system of electing the President long has been recognized.—Representative Clarence F. Lea of California. The physician today too often is wedded to science. Professor Howard Haggard of Yale university. What w'e seek is a return to a clearer understanding of the ancient truth that those who manage banks, corporations or other agencies handling other people’s money are trustees acting for the others. —President Franklirr D. Roosevelt.

alcohol in the treatment of disease, many of them external and others internal. In prescribing beer, a physician naturally is guided by its content. Beer made according to the new law contains 3.2 per cent alcohol. This has the caloric value of 7 per gram. There also is 10 per cent of nitrogenous and carbohydrate extractive materials, having a caloric value about like that of sugar and protein; namely, 4 per gram. Thus, a quart of beer will provide about 500 calories, or about fivesixths of the amount of calories to be had in a quart of milk. If therefore a quart of beer daily is added to the regular diet of a sedentary persons, it is likely to make him fat. If the quart of beer replaces some essential elements in the diet, such as milk, it is likely to interfere to some extent w'ith the supply of necessary food substances.

Americans, and that w'ould, oy and by, take itself off very suddenly to molest other less worthy peoples. Like kindergarten kids, they repeated their sweet little slogans and looked forward, transe-like, to a future in which everybody would be rich again. tt tt a NOW if that wasn't sentimentality, I don’t know what you’d name it. Undoubtedly it could not be called an attitude of common sense. Indeed, a good many practical ideas of men are utterly impractical, and as imbued with romance and unreality as a dime novel. The idea, for instance, that a man can build a successful business without considering his workers, oi that a few men should possess all the money while millions go about half-starved, or that business methods can remain at a standstill while everything else changes. It delights, therefore, to see Mr. Roosevelt tempering the practical with sentiment. The whole trouble with the world is that we haven’t been sentimental enough.

.APRIL 27, 1933

It Seems to Me = BY HEYWOOD BROUN ■=

| ’VT EW YORK, April 27.—Two curj rent policies of the Roosevelt j administration seem to me to be in sharp opposition. I don’t see how certain portions of the economv program can be reconciled with the policy of inflation. I have been entirely in favor of slashes in appropriations for pavments to veterans when such slashes hit the vast graft which has grown into this particular pension system. I think that in this instance President Roosevelt showed wisdom, courage, and great capacity for leadership. But I never was enthusiastic about the curtailment of the salaries of clerks, letter carriers, and other federal employes. The plain fact of the matter is that Uncle Sam never has been a particularly generous employer. Certain of h;s servants and specifically the substitutes in the postofflee department have been called upon to work under conditions and a wage scale which is little short of disgraceful. I have talked to “subs" who assured me that the best they could do was about $8 a week for a day which averaged twelve hours. It is quite true that in a certain sense, they were not working all this time' but they were compelled to han around waiting for something to turn up* n tt a Up to Uncle Sam THE present administration, of course, did not devise this system, but it is thoroughly vicious, and if we are to restore the purchasing power of the consuming public of the United States the federal government ought* to take the lead in setting an example. Washington is in no position in any area to call upon private employers to maintain the wage scale if at the same time it is going to cut the pay for very necessary work down to the minimum. But it seems to me that the Roosevelt program has been even more severe than that. After the cut has come inflation. The result is that federal employes will receive not only fewer dollars, but cheaper ones. This in effect amounts to a second cut. a a tt One Kind of Inflation 1 SUPPOSE few economists would agree with me if I said that an excellent way to inflate would be to run off a couple of billions in paper and then distribute it in $lO bills at street corners to homeless and hungry men. And yet that wouldn’t be silly by any means. I can see certain advantages in a reflationary program, but they will work only if some method is used to get this increase in the currency into the hands of mass members of the buying public. Surely no particular good will be obtained if you wave a wand and say to the man with a million “Now you’ve got a million and a half.” All economists admit that lag which lies between the rise in commodity prices and the rise in wages, and Unless the Roosevelt program spurs salaries upward it will not avail very much to have a heat, copper and cotton leap ahead. Even the farmer may be disappointed in the result of higher prices for grain unless a greater consumptive capacity comes along with it. Higher prices for wheat will, of course, be attended with higher prices for agricultural machinery, fertilizers, and all that -the farmer needs for his industry. tt tt tt No Sound Money Bug I AM no fanatic for sound money. I believe that there are certain virtues in inflation at the nresent time. I even am willing to concede that certain of the schemes of President Roosevelt do take in the necessity of spreading the new money around more generally. I merely wish to stress the fact that direct relief, a vast program of public works, the Muscle Shoals development and other phases of the so-called radical measures of the administration are a vital and integral part of the reflation scheme. Os course the government is going to be in a jam when it comes to floating bond issues. Even a controlled inflation will mean a higher rate of interest on these federal bonds. I’d like to see an audacious experiment tried in this respect. Certain foreign governments have established the practice of using a semi-gambling feature such as drawing certain bonds at ten points above par. I’d like to see an experiment in making the rewards for the lucky even larger. If bonds can be drawn ten points above par why not a few at a thousand points above, or even ten thousand? We are far too moral to sanction a federal lottery which would, as a matter of fact, be one of the least onerous of all ways to raise money. What I am thinking of is a bond issue and a lottery retaining the best features of each. Inflation is in itself a gamble. Why not admit it and shoot the works? (Copyright, 1933. by The Times) A Faded Love BY CHRISTIE RUDOLPH By the stream of ripples Crystal clear and green. Tinted by the fading sun Dwells in my soul. A stream of thoughts Running wild with the wind, Scanning cold, gray rock3 And bleak tall trees. I think of you, my love Thou art as beautiful As the sea-gulls Soaring in distant clouds. Ah, even more lovely Than the moonlight That shines on silver streams, Your voice, as music low in the night. I shall bury my hands Neath fragrant pine needles, Prickly and cruel, Soft and tender. You have gone with the night, Long vanished with the sun, Your kisses still poignant Burn ’neath arched brows. My love, thou art dazzling, Your memory bitter-sweet.