Indianapolis Times, Volume 46, Number 110, Indianapolis, Marion County, 17 September 1934 — Page 5
SEPT. 17, 1934_
It Seems to Me (MOOD BROUN (WISH the world would calm down and go along . lor a wk without any threats of war or violence or major disasters. I assume that this wish might well be shared by many. But I have a peculiar and personal reason lor desiring an armistice in the matter of permanent crises. You see once upon a time I had an ambition to be a light essayist. Asa matter of fact that was the way in which I got into this racket. At my own suggestion I was assigned to do three pieces a week on the most vital current books. In fact I believe it might be possible lor me to establish the assertion that I was the father of the daily literary column. In those days I was indolent. There came a certain Thursday and 1 was at the office with no novel or travel tome under
my belt. In desperation I dashed off a thousand words about my experiences in trying to buy a farm. Nothing happened. The managing editor smiled pleasantly and issued no rebuke. One week later I still was behind on my reading and threw into my space, which appeared under the caption “Books.** an article concerning my Infant son. This time the boss called me into his office. "Those casual pieces of yours are better than your book reviews,” he said. It was an ambigious remark.
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llevwood Broun
You couldn't quite call it a compliment and yet it carried a certain amount of encouragement. Asa matter of fact this somewhat vague statement from my immediate employer changed my whole life. a a a Take It Easy, Hey wood was almost twenty years ago and I have 1 read only two books ail the way through since that lime. Anew vista opened up. To my astonishment I found that it was possible to get paid for the very simple task of writing about yourself and your own experiences. On many occasions since critical readers have sent me clippings in which the “I” was ringed around with a red pencil. The record, as I remember, was one hundred and twenty out of a po -ible nine hundred words. But the editor had said m effect, "Go ahead” and I always have been a sucker for suggestion when its indicated path was easy and pleasant. For almost two years I was supported by my infant son. His clever sayings and bright deeds made up the column which by this time had been retitled to read ‘ Books and Things.” To be sure there were da-, when the kid did not come through. Some of the brightest things he ever did in print were sheer invention. Accordingly I have decided that when he comes to man's estate 10 per cent of the net ought to be a fair return. I mean 90 per cent for the agent and entrepeneur. After he leirned to read and write it was no longer possible to use him for copy. He made violent objection. Accordingly I switched to the next best thing and began to write about myself. The outside world was almost a matter of complete indifference. Politics and international affairs were not touched upon more than once a month. I am a little sur--pris-d when some angry reader rebukes me for egocentricity. The only answer to that is, ‘Bov, you should have caught me fifteen years ago and then ;.ou would really have had something to complain about.'* a a a Conscripted Service 'T''HE Sacco-Vanzetti case moved me to write the -l first violent newspaper pieces I ever had done. And pretty soon I was out of a job. Never since that time has it been possible to get back entirely into the mood of the kindly commentator on the less important phases of the passing show. Unlike Nero I did most of my fiddling before Rome burned. I was left a tuneless minstrel in a world which proceeded to go into convulsions. Suddenly it no longer was possible to write about bullheads, or crickets or the manner in which autumn comes to the maples of Hunting Ridge. It seems a little silly to write about a fish and put into a paper which was filled with assassinations, riots and revolutions. In the old days I sat down ten or twelve hours in advance of the deadline and tried to imagine that I was Charles Lamb. Naturally I never made the grade but presently it was no dice even if you did. Being whimsical or arch while Rome burns is even worse than meeting the fire with violin tunes. 1 became a commentator because I was conscripted by the march of events. I do not regret the change in all ways. Os course nobody got mad at me then. I was a little brother to all the world. It was not I but the world which asked for an annulment of the relationship. Now I stay up all hours to get the morning papers and find out who is dead and where the shooting is. On many occasions it is quite possible to get aroused genuinely about seme snide performance by the captains and the kings. I'm not kicking. All I want to know is would it be too much to ask lor the privilege of writing once a month about cabbages and sealing wax or anything else which has nothing to do with the class struggle or the New Deal? Excuse it please. iCopvmht. 1934. br The Times*
Your Health
Bt OK. MORRIS IYSHBEIN
ECONOMISTS tell us that no other country in the H, world spends as much money for recreation as do the inhabitants of the United States. More than $21.000 000.000. or one-fourth of the national income, is spent in this way. The important items include about $5,000,000,000 spent on motoring for pleasure; 53.000.000.000 visiting and enyrtamine at restaurants; $2,000,000,000 on \acations and travel; $1,005,000,000 on motion pictures; $1,000,000,000 on light fiction and tabloids; SI.OOO 000.000 on radio, and $500,000,000 on theaters and lectures. It is interesting that this compilation, for which Stuart Chase is responsible, fails to include the amount of money spent on sport. However, there are figures which show the public buys 40.000.000 admissions a year to baseball games; 10.000.000 admissions to football games a year, and 5.000.000 admissions a year to golf, tennis, boating and similar sports. a a a ■wyOU can see easily that most of this recreation X is not planned particularly in relationship to health, either mental or physical. There are occasional restful programs on the radio, but most radio entertainment is stimulating rather than rest producing and recreational. There are occasional motion pictures which have recreational and restful values, but the majority of them deal with crimes, murder, sex conflicts and similar matters which are hardly restful. I have spoken repeatedly in these columns about the fatiguing, rather than restful, character of most motor trips made in vacation periods. It would seem, from all of this material, that the American people need be taught the importance of restful and recreational activities in relationship to health. m m a I'AR too many satisfy themselves with witnessing ' sports rather than participating in sports. The new movement toward shorter hours of work in industry means that the employment of leisure time is going to be a greater and greater problem for those interested in social activities. It ia necessary to teach the American people the recreational activities of the arts. In the current A Century of Progress fair, the value of good music has been emphasized more than ever before in American history. Dramatic performances in which amateurs participate also are beginning to gam adherents. Nature aiudy and camping also are being developed on a wider scale than ever before. The health values of such recreation* can hardly be overestimated. In addition to developing new points of view, these activities are calling for anew type of profession—that of recreational leader.
‘THE COMING AMERICAN BOOM’
By Major Lawrence L. B. Angas Instalment No. 7
In the prrrrdint in*tllmnt. Major Aniai dnrrlhril bow the administration'* mnnrtarv polity providta tbt dntmt forrt. drapilt tht recent lump in baainea. for a trade boom by creatine additional bank notea and depoaita. INSTALLMENT VII NOW in the last chapter we stressed the beneficial effect on trade of redundancy of money in the pockets and passbooks of the public, even though there might be a time lag between the actual inflation and its industrial after-effects. Asa general rule, as we pointed out. this monetary redundanney usually results "automatically” from a fall in prices and in the volume of trade, without the total volume of bank money being increased. Monetary redundancy among the public, in the form of an intentional expansion of their bank deposits, can, however, be deliberately brought about either <1) by the central bank widening the credit basis by increasing the reserves of the other banks, or (2) by the government borrowing direct from the central bank, and doing the same thing. Here again the matter is subtle to discuss, but the matter must receive our care and attention if Roosevelt is to be wholly uderstood. Method (1), as mentioned above, was in fact, adopted by England in 1932-33 as follows: If a country has a central bank in which the member banks keep balances which they regard as "cash reserves,” as is the case in England, the central bank can inflate the so-called reserves of the member banks either by lending to them direct or. by buying securities from them (or from private individuals who bank with them)—for such purchases can be paid for by the central bank by entering up In its own books additional balances in favor of the member banks, w’hieh the member banks thereafter regard as additional “reserves.” For instance, a central bank, by purchasing government securities on the stock exchange, largely from people who bank with the member banks, can actually create additional ‘‘reserves” for the member banks by crediting the member banks, with which the sellers of the securities bank, with a sum of money equal to the value of the purchases. This is simply a bookkeeping entry on the part of the central bank and is purely inflationary in character and effect. The member banks then credit the seller with this sum, but they find themselves in possession of extra socalled reserves at the central bank; and if it is their custom to impose credit in the ratio of say 9 to 1 on these extra “reserves,” the meber banks can, if they march in step, inflate their own credit currency or so-called “deposits” (say by purchasing yet additional government securities on the stock exchange or by granting loans) to nine times the extent to which the central bank has expended its credit. aaa THIS, in fact, is what happened in England in 1932-33, largely in order to convert the war loan. The Bank of England bought 28,000.000 pounds of in-
-The
DAILY WASHINGTON MERRY-GO-ROUND
■By Drew Pearson and Robert S. Allen
WASHINGTON. Sept 17.—01d Cordell Hull, usually undemonstrative, got a bad case of the jitters w'hen the British government protested against the munitions investigation. The English, know'n as the greatest salesmen of Eurooe, didn’t like the charge that George V pulied a Polish munitions deal away from an American firm. In a secret session of the munitions committee, the secretary of state showed a so woebegone face that his compassionate ex-senatorial colleagues
gave him a face-saving letter. Funny part of it was that public opinion in many foreign countries is 100 per cent behind the investigation. It has shown up their own gratifying officials. Hull, however, paid more attention to the protests of foreign officialdom. . . . Senator Nye. chairman of the munitions committe, likes nothing better than a movie after his daily investigation is done, especially if the movie is concerned with war prevention. .. . Senator Russell recently got a telegram from a Taliaferro county (Georgia) farmer complainmg that the government's cows were in his corn. Investigation proved it to be one cow. Some people wonder why he didn't wire the White House. Everybody does these days. a a a HIGH command of the army and navy is greatly agitated over the private report that Clark Howell. Atlanta publisher-chair-man of the President s aviation investigating commission, has become convinced that an independent, unified military air corps is preferable to the existing system of separate units. Mr. Howell is said to have reached his conclusion as a result of his study of European military aeronautics, from which he has just returned. . , , Representative Tilman B. Parks’ recent renomination victory established a unique Arkansas primary record. It marked the fourth consecutive time he has defeated the same man. Wade Kitchen, a World war veteran who claims Parks is not the veterans’ friend. Parks now becomes chairman of the house subcommitee on war department appropriations. . . . When Senator Bill Borah returns to the capital this fall he will resume his daily horseback ride. Ordered by his doctors last year to abandon this lifelong exercise, the Idahoan feels sufficiently recovered to resume his bridlepath jaunts. a a a THE recently-organized national Constitution day committee, which planned to stage a "convention” in Philadelphia today, made a desperate attempt to get a prominent Democrat on its program. Its only speakers are Republicans and anti-administra-tionites. chief among them. Philadelphia's Tory Republican James M. Beck. Colonel Robert R. McCormick, publisher of the Chicago Tribune, and Edward A. Hayes, national commander of the American Legion, a bitter critic
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America moves ahead .. . and, as she moves ahead, scenes like this have become familiar again this summer along the Ohio river . . Tonnage of coal and other freight carried by river steamers has doubled over v'hat it was last year This picture of the steamer Ben Franklin was taken by an Indianapolis Times staff photographer just east of Cincinnati as the Franklin's barges took coal to riverside factories . . . It is one of a series of photographs of industry and trade being presented by The Times in conjunction with its presentation of Major Lawrence L. B. Angas’ “The Coming American Boom.”
vestments on the Stock Exchange. The reserves of the clearing banks were increased by this sum; they then increased their investments by 280,000,000 pounds, i. e., ten times, with the result that The deposit currency of the country was increased from 1,670 to 1,950 millions. Credit inflation thus occurred, and the money of the public was made redudant. Surplus money and balances began to circulate rapidly, and trade revival rapidly ensued. As w r as pointed out by Mr. McKenna, (ex-chancellor of the exchequer) at the last meeting of the Midland bank in January, 1934, revival in England coincided exactly w T ith the above inflation of the deposit currency of the country. Though certain nonmonetary factors, like tariffs, doubtless contributed to revival there can be no doubt that it was due more to this inflation than to any other single factor. In America, however, there is no central bank; there are, however, twelve so-called reserve banks in which most of the other smaller banks hold their reserve balances, as though there were ten little Englands. Each of the tw'elve reserve banks holds a stock of gold, or rather gold certificates issued against gold deposited with the United States treasury, and held very largely on its behalf by the New' York Federal Reserve bank. What, therefore, the American administration has done is to reduce the statutory gold content of the legal tender paper dollar by
of the Persiuent . . , John Carter, AAA research expert, more widely known as Jay Franklin, an anonymous author of The New Dealers, has anew characterization for his boss, Secretary Wallace . . . "Henry Wallace,” says Carter, "comes closer to being an American Confucius than any man of our time, and Confucius—be it remembered —laid the ethical and pragmatic foundations for the most stable agrarian economy the world has ever known.” (Copyright. 1934. bv United Feature Syndicate, Inc.)
j SIDE GLANCES By George Clark
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“Drop in more often. You hav'e no idea how I enjoy your conversation.”
THE INDIANAPOLIS TIMES
The theories of Mdjor L. L. B. Angas, in “The Coming American Boom” are presented by The Indianapolis Times to its readers as a journalistic function of service. Publication of the series of ten articles wTitten by the noted British economist does not imply an indorsement of his Hews by this newspaper.
some 40 per cent, and thus raise the dollar value of the gold stock from about four billion dollars to over seven billion dollars. (This has increased the actual or potential cash reserves of the banks as a w'hole by a similar ratio, which institutions, being by nature profit seekers, were, and are, being stimulated to increase their investments, thus tending not only to lower the market rate of interest, which in itself is a good thing for trade, but also, w'hieh is an even better thing, to increase the credit currency in the hands of the public, which redundancy should eventually stimulate trade further. aaa THERE is, however, one point to note of considerable practical importance. Although the reserves of the banks may have been increased, either by artificial or natural methods, the banks themselves, ow'ing to their own lack of willingness to invest or owing to lack of wilingness among the public to borrow, may not make full use of their extra reserve resources, and may not pile
FT. HARRISON BAND DIRECTOR IS RETIRED Warrant Officer Bowen Ends Thirty Years’ Service. Warrant Officer Frank A. Bowen, director of the Eleventh infantry band, Ft. Benjamin Harrison, was retired today after thirty years’ army service as a musician. Colonel Oliver P. Robinson, regimental commander, and Captain H. P. Hallowell, adjutant, were among guests last night at a testimonal dinner for him. Mr. Bowen will make his home in Texas. Other personnel changes include assignment of First Sergeant Corbett Meeks to the Philippine department, who will be replaced by Sergeant Laymon T. Clark, now in the Philippines; transfer of Lieut. James I. King to Hawaii and of Captain Arthur L. Shreve and Lieut. Robert C. Ross to Camp Knox, Ky. Delivery Messengers Meet Invitation to hold the 1935 convention of the National Association of Special Delivery Messengers in Indianapolis was presented by an Indianapolis delegation at opening of the 1934 convention today in Milwaukee.
up thereon what is accepted as the normal ratio of bank credit currency. In other words, lack of confidence may prevent the actual credit currency inflation which a prior inflation of bank reserves has made possible. It is here that method No. 2, i. e. government borrowing direct from the banks may be brought in with beneficial results. If the government deliberately steps in and borrows money from the banks, the loans so raised are purely inflationary in character, since the government gives in exchange for it merely some form of promise to pay in the future which at the time “costs” it nothing. If the government then spends the money so raised among the public it may, despite the general lack of investment confidence among bankers, increase the total credit currency in the hands of the public and thus make their money balances redundant. Indeed, if government borrow'ing from the banks continues sufficiently, the revival itself is not open to doubt —assuming always and we assume it, that our currency theory of redundant balances is correct. The whole process of progressive credit expansion may, in fact, be compared with a man who holds celluloid in front of a fire. The celluloid becomes gradually though invisibly warmer and warmer, but nothing on the surface "appears” to be happening, and superficial observers are therefore inclined to exclaim that the experiment as such is having no result. Eventually, however, when the critics
THE NATIONAL ROUNDUP aaa aaa By Ruth Finney
WASHINGTON, Sept. 17.—The behavior of our banks during the next three and a half months, under promise of more liberal treatment by federal bank examiners, may determine the fate of central bank legislation in the next congress. Plans for creating a centra) monetary authority with sole power to coin money, issue currency and regulate banks gained a formidable number of supporters near the close of last session. Asa substitute deposit insurance was extended and the government was empowered to make industrial loans.
to maxe industrial loans. Half-way through the congressional recess the administration has become concerned about the failure of this program to divert sufficient funds into business channels. The treasury's own brain trust, assembled to review fiscal policies to date, it said to incline toward the central bank plan. In what seems to be another attempt to find an alternative, Treasury Secretary Henry Morgenthau has been conferring with bank examiners working under the controller of the currency, the federal reserve board, the federal reserve banks, the Reconstruction Finance Corporation and the Federal Deposit Insurance Corporation. At the close of their conversations President Roosevelt let it be known he hopes the “rule of reason will be applied when examiners pass on loans made by banks, particularly on those to small borrowers.” This policy, it is hoped, will make bankers more willing to lend to would-be borrowers. The amount of loans was increased each week for seven weeks, but still is lower than it was a year ago a a a CREDIT for this gain is being given to the government’s policy of making direct industrial loans where necessary. In numerous cases loans once turned down by banks were granted after a complaint had been made to federal officials and an explanation had been asked. The government itself has loaned only about $15,000,000 of the $580,000,000 made available for this purpose. Another of the measures it Is considering in an effort to get more money into business channels where it will employ workers calls for negotiations to make sure that loan money will not be paid over to existing creditors. The government, in other words, would loan only where creditors agreed that the man borrowing might be free to use the money he receives for business purposes. Senator Bronson M. Cutting, New Mexico liberal, who is the leading senate proponent of central bank legislation, argued that under existing conditions the government "is getting itself into debt to the banks for the privilege of helping them to regain their
least expect it, the flash point is suddenly reached and the celluloid flares up into flames. This is what will happen in America in respect of the process of credit inflation. The demonstrator will then have the pleasure of convincing his critics of the irresistible efficacy of his monetary theory, although to start with they were sceptical and derisive, despite the success of a similar experiment in England. It is, moreover, just as certain that sufficient credit expansion in America will, via redundancy and cheap money, stimulate trade, as that celluloid, if held sufficiently near to a fire, will eventually burst into flames. The time lag before the flash point is reached may temporarily confuse inexperienced onlookers because of their lack of a technical knowledge of the properties; the success of the experiment, however, is not open to practical or theoretical dispute. This is, in theory and practice, the core of Mr. Roosevelt’s recovery policy. And only those who disagree with my monetary theory can doubt the success of his plan. In simple terms the theory is that “if you go on pumping money into people’s pockets and pass books the result will eventually be felt in the shops.” Tomorrow How government’s cheap money policy is increasing velocity of spending and effecting expansion of credit, while expenditures serve as primer for trade. (Copyright. 1934. bv Simon and Schuster. Inc.: distributed by United Features Syndicate. Inc.)
strangle hold on the economic life of the country.” He urged at the last session that the secretary of treasury be empowered to purchase all federal reserve banks and that bank credit be replaced as a circulating medium by “lawful money.” SUSPECTS IDENTIFIED BY HOLDUP VICTIM Anderson Man Robbed of Watch and $6 in Cash. Robbed of a $45 watch and $6 in cash in an alley north of Market street, between Meridian and Illinois streets yesterday, Hal Miller, 36, Anderson, later identifed two men held by police as his assailants. Those held are Ralph Garland, 19, Keystone avenue and Prospect street, and George Epperson, 17, of 414 Massachusetts avenue. Four men robbed Mr. Miller, he told police. A third youth was arrested, but Mr. Miller failed to identify him. 200 YOUNGSTERS SWORN IN AS ‘TRAFFIC COPS’ Made Deputy Sheriffs by Judge Cox to Monitor Children. Two hundred boys and girls were sworn in as deputy sheriffs Saturday by Circuit Judge Earl R. Cox to monitor traffic at forty-seven schools in Marion county. Sheriff Charles Sumner told the youthful deputies that it was up to them to aid in “preventing accidents in Marion county.” The special traffic patrols will be under the jurisdiction of the sheriff, Miss Julia E. Landers, deputy sheriff. and J. Malcolm Dunn, county school superintendent. DR. WICKS ON PROGRAM All Souls Pastor to Speak Before Brightwood Methodists. Dr. Frank S. C. Wicks, pastor of the All Souls Unitarian church, will speak on "European Impressions” at 7:30 tomorrow night at the meeting of the Brightwood Methodist men’s class, Bnghtwood Methodist church, 2414 Station street.
Fdir Enough NntMt New YORK, fjept. 17—The Mor-o Castle investigation thus far only has touched upon on# phase of seafaring in the passenger trade which developed during the time of prohibition in the United States and which certainly has some bearing on the safety of travel at sea. Captain Warms said he was told that several young women who had sat up drinking in the lounge had to be assisted to their quarters. He added that, as a rule, he had no personal traffic with the pas-
sengers. If the emergency skipper of the burned steamboat had said that the young women got dead drunk and were poured to bed he would have described a situation which has become familiar on the passenger ships, particularly on the short holiday cruises, since the flapper age of America. Early in the prohibition era. when Americans were making more money than they had been accustomed to, they were driven to sea and to foreign ports for their liquor. Denied decent provisions at
home they saved their pay and their days off until they had enough of both to permit them to ship to France, Bermuda or Latm-America. and there then ensued some of the most spectacular souse parties that the world ever has known. The Americans made a name for themselves among the passengers and ships’ companies of other nationalities. Accustomed to shellac, sheep-dip and radiator fluid at home they first got their feet in the trough and presently were getting in all over, to drink themselves unconscious and raise the quaint varieties of hell by night which occur only to persons in the thoroughly plastered state. Setting fire to a ship would nave been only a prank to some of the prohibition fugitives if they only had happened to think of it and perhaps there are stewards or sailors on the boats who could come forward now' to testify that this form of innocent mischief did suggest itself and was attempted now and again. aaa W here Have They Been? THE aloofness of Captain Warms toward the passengers was shared by many practical ships’ officers w'ith work to do and responsibilities to carry. Acknowledging this fact, the steamship companies in the souse-cruise trade took to appointing special officers, preferably handsome specimens of the dashing type who could strut w'ell and go on explaining with endless patience and charm the difference between a binnacle and a barnacle. The regular officers withdrew from the social phase of the business and became so many bass-janitors, assistant managers and head waiters, as in a big New York apartment hotel, with the skipper in the role of superintendent. The short souse-cruise developed after the financial panic hit in 1929. People, not sufficiently flush to go to Europe, but still athirst for authentic liquor, w'ere invited to sail in big ships for off-shore binges which, in some cases, w'ere of only two days’ duration. There w'ere special souse-cruises for various holidays, in the course of which many of the guests never saw anything of the ship but the bar and, in case of fire, would have expected to see the New York fire department rolling down the decks with the usual turnout of red wagons. Even in the trans-Atlantic trade to this day the passengers are seldom required to give personal attendance at boat drills or to unravel the life belt harness. Perfunctory drills are called, but the passengers in the bar or snoozing in their chairs do not bother to take part and a sentiment has grown up against the person who does. an a Souse Cruise Officers 'T'HERE is just a little suggestion that in attending drill he is showing fear and any one with the common foresight to puzzle out the intricate straps of the standard life preserver is a great cow'ard. In the quickie trade, carrying passengers out for sudden snootfuls and landing them back still boiled and wondering where they have been, the discipline over the passengers is even more lax, if possible. Too many of them, by the time they are below the Statue of Liberty don’t even know they are on a boat much less care how they ought to go about getting off in good order if anything should happen. Naturally, in this phase of the business, the crews are not the best. The skipper realizes that he is running a floating saloon and feels that he has fallen pretty low. The rest of the ship’s company feel a proportionate disrespect for their work and an emergency w'ith the personnel in this frame of mind and the passengers stupefied would add nothing much to the glorious story of the sea. In close competition, the steamship companies have pampered their passengers to such an extent that by now’ they think of themselves as privileged characters, free to commit disorder and nuisance, which they wouldn’t try to get away with ashore. They have need of some cops on steamships and sufficient discipline over the passengers to make them find their lifeboats and try on their cork jackets, just in case. (Copyright. 1334. bv United Feature Syndicate, Inc.)
Today s Science BY DAVID DIETZ
aay may oe nearing when a simple injection J- from a hypodermic needle will be sufficient to prevent or cure cancer. How soon that will arrive —if at all—no one can say, but its possibility is seen in the recent announcement of Dr. E. F. Schroeder and Dr. Ellice McDonald of the Cancer Research Laboratories of the University 9f Pennsylvania Graduate Medical School. Cancer today can be treated by radical methods —surgery, X-ray or radium—if diagnosed sufficiently early. But once the cancer cells have begun to spread through the blood stream, nothing can be done. Attending physicians must resign themselves to watch helplessly the death of the patient. There was a time when the medical profession was equally helpless in the face of diabetes. Patients can and are being kept alive for years with the aid of insulin. Formerly the disease progressed rapidly. A small child, for example, contracting diabetes, wasted away quickly. Finally diabetic coma set in, then death. n u a THE new researches of Drs. Schroeder and McDonald suggest a comparison between cancer and diabetes in more ways than one. For their researches indicate that like diabetes, cancer is a disease of a disturbed metabolism. Diabetes is a glandular deficiency disease. The new researches indicate that cancer may be an enzyme deficiency disease. Thus the two diseases focus attention upon two of the more recent discoveries of biological chemistry, hormones and enzymes. If something goes wrong with the islets of the pancreas, insulin is no longer manufactured. The result is diabetes. Hermones are complex chemical substances which are manufactured by the ductless glands of the body and poured into the blood stream by them. Certain portions of the pancreas glands, known as the islets, manufacture insulin. ana ENZYMES are organic catalysts. Their presence makes possible chemical reactions in the digestive tract, the various organs, and the individual cells composing the tissues of the body, which otherwise could not take place. Enzymes show great specificity. That is, a certain enzyme will react only on certain chemical compounds. The amount of power contained in a minute amount of an enzyme is almost unbelievable. Thus, for example, a tiny bit of the enzyme known as invertase will cause the breaking up of a million times its own weight of cane sugar. Drs. Schroeder and McDonald believe from their experiments with animals that susceptibility to or immunity from cancer is due to the enzyme balance of the body.
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Westbrook Pegler
