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Show i THE PAYSON CHRONICLE, PAYSON. UTAH Scenes and Persons in the Current News BRISBANE Portrait of Kittens Done in Stitchery THIS WEEK Topics Interpreted by William Bruckart Motional m j Washington, D. building Pr be levied. Some critics have stated boldiy that the White House statements on the recoverable assets cannot be justified. Their assertion is that if the Treasury properly included recoverable assets as a to be used in offsetting the thing public debt, then by the same token those recoverable assets, or repayments of them, cannot be used to reduce the tax burden. In other words, the money represented by those assets cannot be spent in two different ways. Either it must be used to retire public debt or it must be used for current spending by the administration. It seems to be simply a refusal to believe the old adage that you cannot have your cake and eat it too. If I should attempt to analyze the 1 situation in the light of a personal American refugees from Bilboa, Spain, being taken aboard the U. S. S. Oklahoma for transportation to equation I think I might properly France. 2 Women of the loyalist forces of Spain marching out to battle with the rebels north of Madrid. say that if I loaned $500 to a 3 Battery of Turkish artillery entering the former demilitarized zone on the Dardanelles which Turkey is friend and at the same time if I borrowed $500 from a bank, I might properly say the $500 loaned to the friend could be used JAVELIN THROWER to pay off the bank loan. So far, so good. But if the friend repaid PyXW!PC,l!pjLWS.'I.W 'V,) 250 to me and I spent that $250 and had no other resources, I cant quite figure out how I would pay the bank the $500 I had borrowed from that institution. Although perhaps my worries as an individual about government policies may not be very important because I am just one individual, I entertain considerable fear about those recoverable assets in another respect For some reason and I think I can state it I doubt that a very large portion of those recoverable assets ever will be collected. have a hunch that in the next fifteen or twenty years the bulk of those debts which the Roosevelt administration counts as repayable will be cancelled or defaulted. In either event, I think I see how politics is going to play an important part and I am convinced further that Mr. Morgenthau and Mr. Roosevelt as well, if he shares Mr. Morgenthaus belief, is overlooking that very vital influence when he holds these loans as likely to be repaid. President Roosevelt Lo.ta.nw.thastatemen burden of SsPT that the taxes is regrettable and that there must br no new levies f increase by the next con-ch, .0 to get his views 4 eu) L iublx by staging a conferee Whi'e House the other In he summoned Chairman senate finance com-'an- d i of the Chairman Doughton of eom-,- r ie vui'S and means to meeting a breakfast fthe subject. He foUowed lost too quickly by releas-itemen- t, a letter from that substantiat-vpoke- n word of his two con-- 1 leaders, mehow the word from the prompted many ouse ob-he- to pick flaws in the cement; they began at once several places in the new hat appeared to have been over by the paint brush, 1 a sud-fro- epubheans were quite harsh to the they called attention t Mr. Roosevelt on three occasions had assured the there would be no new md that in each instance n legislation somehow or enacted by congress, dec-thfrom the presidential there would be no new r increases in the present nd that there would be a oth-iee- at the genera' tax structure, made the point esident M irgenthaus Secretary a good many at there were iilift recoverable millions in He also urged upon the that business has improved jly that additional federal may be expected from the This latter, of tax rates. is true providing business s own or moves to higher ut it is with respect to the ble assets that many ques-oFor are being asked. e of clarity, it may be the recoverable assets lidj; ch Mr. The dedication of the magnificent war monument, designed by a Canadian artist, re unveiled cently b the k.ng of England m memory of the Canadian soldiers that fell at Vimy Ridge, is important to all our friends north of the boundary in Canada. It will interest, also, all Americans that were sent abroad in that famous fight, with which Arthur IlrUban. e had nothlng to do except lose our men and our American soldiers, who money. liked the Canadian and Australian troops better than any others they met, according to statements mado by many, testify to the courage with which the colonial Englishmen fought at Vimy Ridge and elsewhere. After Ilis Vacation Cruise addition, there was a the Republican which did not help isevelts plans to show the that the tax burden had its peak. 3 Honor Dead at Vimy Spanish W ar litilc-- s llusxia Aids I,oaliH Hitler Watches Spain C. Statistics of the War show that, on the side of the allies, the percentage of death was higher among the Canadians than among any other troops involved, excepting the French themselves, who fought at their own frontiers to defend their own homes. Sixty thousand Canadians lie buried, each one an unknown soldier, around that great monument The king of England, after a long and really admirable speech of appreciation, lowered the flags that hid the monument which, as he said, will forever honor the courage of the Canadians that fought and that lie dead and buried. The war ex-th- at Su Roosevelt referred the loans of federal by the various emergency s for relief and recovery There are the millions ts. by the Reconstruction d of ora yr Batf an c ie at the equally mounts loaned by the Works administration and the to Works administration counties and cities for relief construction. In n, there are loans by the Owners Loan corporation, ederal Farm Credit loans for crop producer marketing and countless These are all carried fcpes. books as recoverable assets ej total may amount to as (then the fa Ceffi quei ofCa; ad-atio- : coin-- U: lentof t inttf $8 000 000,000. n policy of the New Deal is to consider these at ace value. It is the claim is SptP lenta. leai I success House consistently White t Bar that oans will be repaid and that sn be used to retire an equal t of the national debt, which, is true if the loans ever are dered .)Ak d, other i h sse whenever the New on to defend itself name s against of imposing a gigantic bur-ta- x or an equaUy gigantic of public debt, its spokes-ittemto demonstrate that ifalic debt figure as well as es must be considered in relationship to these recover-sset- E tOO, Deal is iota pt ieir fe 5ld orpin3 s. world a. xplainthe Roosevelt position one may recall that ago when the public debt d the staggering total of $33,- - 'she:' . sold i Bass 000 the Treasury secretary 'ded in a public statement that eryaid ! lam coni tn 1935, Idas. $ is with 0 sum tliere should be Ihe cash assets in the gen- ifAof the Treasury, then to-- IR, 081, 000, 000 and the $2,000,- of gold tliat is sterilized in kJ10wn as Hie exchange ster-s- n fund. S addition, Mr. Morgenthau 10 is statement, we have assets n out? is t ffhld ienaS representing obliga-Powhich the Treas- 0 realize cash and which will be available r, for debt P1,56 recoverable assets s to home owners, to f to banks and tc states, and ow total more than $4,000, e.se ree Rt, ilizaticn items cash on fund and recov 300 non provide an oflset of ' entic ot M re-iil- wbojs rea arm-alway- s, de, to ti:e $33,779,000,000 t0 0PPear ho, m!de hW i elt direct cornpletely the !i admmistration ,7" recoverable these jijo iv ilttn ilsuCh e cal-ulat- assets in P'lb'-i-c debt Having ou!lly n record, it is 6 ho A there could have made as de-- e House con 1 l the fcd from I?lstlle 016 on , onu, Secret ary referen re toMorgenthaus the recover- - ssets as c- e of nw Uxc s U 3 the reasons not have to I recall that the late Albert C. Ritchie, four times a Democratic governor of Maryland, predicted that the money loaned Tilly Fleischer cf Germany who for the various pur- won the javelin throw in the Olymposes outlined above, would never pic games at Berlin with a record be paid back. Indeed, Governor throw of 148 feet 2 inches. The Ritchie, who was a very practical previous Olympic mark was 143 man and who thoroughly disliked feet 4'i inches set by Miss Mildred deluding himself, used the word Didrikson, famous American girl in connection with star of the 1932 games. repudiation these debts. He said they would be handled just like the $11,000,000,000 of war loans made to European nations. It is a noble thought, of course, that the loans will be repaid, yet it is quite apparent that a cancellation drive is already under way. I think most of those who do me the honor to read my column will recall that more than a year ago I directed their attention to the reduction in interest rates which congress had ordered on many of the loans. That is simply the first step. Cancellation proposals, undisguised, are President Roosevelt appeared to be well rested and in excellent condition for the strenuous work in connection with his campaign. BACKS SPAINS WAR Dam reservoir Service says will be filled by 1938. With the future developments upstream and dn additional reservoir constructed in the Colorado and its tributaries, the amount of silt will be gradually decreased. Reclamation engineers estimate that the total silt deposits in the reservoir will not exceed 3,000,000 acre feet at the end of 50 years. mil- Lord Rothermeres London Daily Mail eclipses in the horror of one published statement all stories of horror in the war and goes beyond anything that could possibly be believed. When the French newspaper, the Friend of the People, described fighters for Madrids radical government digging up and throwing from their graves the bodies of Catholic nuns, that horror seems beyond belief. But Lord Rothermeres newspaper prints the statement that other nuns ALIVE were seized three of them their clothing saturated with gasoline, and burned to death. The Daily Mail also quotes the statement that in the city of Barcelona, when the radical forces had conquered the rebellious insurgent inhabitants, any Catholic priest in the city was butchered without mer- AINEWtGIRtSNOW jrtwIOGOWtWMH! (cimcwA IiOn'T BE DISCOURAGE? OY EXTERNAU.Y CAUSED PIMPLES, RASHES, BLACKHEADS -- GET QUICK RELIEF WITH mm FREE Sample, write "Cuticura Dept Ji, Malden, Mas. SOA P r trOINTM?HT The Russia is, according to reliable reports, in constant communication with the Madrid government by ra- bound to follow. dio. Dr. Juan March, Spains richest man, who is accused by leftists of financing the present Fascist revolt The Spanish recently was reported to have contributed heavily to the rebels war multi-millionai- by Alex Watson, transfer Prisoners being transported chest Garment Factory Dedicated Western Newspaper Union The Reclamation that it estimates that the Boulder cy. Unless I am mistaken, tho astute Jesse Jones, chairman of the Reconstruction Finance corporation and a man who never kids himself, to many already has kissed good-bof the millions that have been loaned by his agency. Of course, the Reconstruction Finance corporation carries those loans on its books and counts them still as valid. But I am of the opinion that M r. Jones probably regards those items as dead debts. But to go further with the idea of cancellation, it takes no stretch of the imagination to say that the Home Owners Loan corporation, This is the rumble seat jail Invented for example, will soon have a good many thousand foreclosed properagent for the Oklahoma state penitentiary. ties on its hands. It takes no more are made to sit on a cushion on the floor. imagination to say that politicians who have ridden into office with promises to help those people Co-Operati- ve whose homes have been foreclosed by will carry out their promises further voting interest reduction or curtailment of principal. A more striking illustration, it seems to me, can be found in the case of the loans to states, cities and towns. Who among the politicians Is going to have the courage to resist the tumult and the voting of their constituents to avoid increase in their local taxes when they call for cancellation of the loans? I think I know politicians well enough to say that few of them will resist They are going to be very careless of other people s money, even though that money has to be obtained by the federal of government through collection taxes from individuals. While the bonus for the men is a dead issue, every one knows how representatives and senators capitulated to the demands of the veterans lobby. Picture for much yourself, if you will, how ;w p V, a, S A be when will demand the stronger f howl a sets up a whole community the festivities to have the funds it has borrowed A fashion show reatu Hichtstown oi i from the federal government finalwhich is the center a ly declared to have been just gut planted garment workers who populate s parading. and not a loan. such as the model p, Boulder Dam making them insane with the poison gas just coming into fashion, seemed between 1914 and 1918 as horrible as any war could be. But the civil war, the worst, most savage, pitiless and ferocious of all wars, now going on in Spain, makes tlie big war comparatively mild. 25-3- 2 Rumble Seat Jail in Oklahoma killed so many your name and address. lions, blowing them to pieces, leaving them to die shattered and agonizing on the battlefield; suffocating, w if tMat Pattern No. 5604 How can you resist this appealing pair of kittens? Their portrait on a pillow top or picture will add charm to your home aside from your pleasure in making it. And how effective it is, worked quickly in colorful floss, the crosses an easy 8 to the inch. Since the motif requires but the merest outline, youre finished before you know it! In pattern 5604 you will find a transfer pattern of hese kittens 13 V by 14 inches; a color chart and key, material requirements; illustrations ot all stitches needed. To obtain this pattern send 15 cents in stamps or coins (coins preferred) to the Sewing Circle Household Arts Dept., 259 W. Fourteenth St., New York, N. Y. Write plainly pattern number, V W'r ' n'- garment fac- which marked dedication of the $95,000 Federal resettlement administration project The trans-torut ia will earn lheir daiy bread turning out garments N. J., y Newspapers in England, and the more conservative newspapers in France, declare that Russia, in addition to advising Madrid concerning the immediate civil war and helping the Spanish government by the purchase of Spanish bonds, is also sending by radio detailed information as to the organization in Spain of a Soviet government similar to that existing in Russia. France, thanks to the existing alliance with Russia resented by many of the old fashioned Frenchmen, who ask, Is Stalin the real is under presruler of France? sure from Russia to help the Madrid government against the insurgents. If Spain should become really under the guidance of Russia, the Spanish peninsula would be practically a branch and a dependency of Soviet Russia at the southwest corner of Europe. Russia, whose planes have been taking information on manufacturing poison gas and building factories to the nations that are friendly to her in central Europe, might build up a chain of Communist state too powerful even for the dictator governments of Italy and Germany, and the remaining democratic government of Great Britain. It is not a happy time for Europeans, or for any interested in Europes future peace and welfare. Hitler is reported on the point of siding with the Spanish insurgents against the radical Madrid regime, because of savage attacks made on Nazi officers in Spain. It is reported that a woman in charge of the Hitler office was threatened with death if she would not reveal the whereabouts of her principal; dragged m-- 1 to the streets, her dress was soaked with gasoline. An interruption prevented applying the match. King falnr H MJ bervlt. lue to Son Francisco Oca way fare from Ogden or Salt Lake City, good In ear conditioned coaches or chair cars. -- $32 ROUND TRIP to Lo. Angeles, $31 to San Francisco in standard Pull- mans (plus berth). Low lares in tourist Pullmans, too. Two trains daily. Southern Pacific For information, see or write D.R.0 wen. 41 So, General A gent Main St., Salt Late City INSTRUCTION alog Sept. Day Aootlonoerlnr Illustrated CatAug, 17th; Ogden, Annual $ Aucuua btkeol, iicterlj IliUt, CL l)onver term fro; nt. Auctioneer |