Show l Prevailing Opinions Comment of the American Press Press Press- How Much Danger Foreign not hot money can be a areal areal areal real danger on occasion but how dangerous is it likely to be in the United States At the end of 1935 there was about of money in term long-term American investments and about in short Since then the former item has in increased in- in creased by bya a billion or two Much of this newer sum may be hot money which has fled from s. s shaky alcy European currencies and andis ls is only a temporary temporary refugee refugee here But five billion is more or less p permanent Why get alarmed about it I i Europe has ahva always s considered I the the United States an attractive investment As Jong ong on as there are profits here foreign capital will stay To be sure some mo money noney ey that has fled France and the Netherlands would return turn there if if currency confidence were re re- re stored But it would not return overnight o. it would creep back cautiously It is also true that in fri the event event of war the belligerents might commandeer the American securities of their n nationals in order to sell them and buy supplies supplies supplies sup sup- plies but they would not dump them as that would wreck their market Besides our control over gold exports would enable us to limit the damage There is no reason why we should now at attempt attempt attempt at- at tempt the unprecedented task of controlling foreign purchases of American securities Business Week Damp Fingers It pays to notice small things As lads picking cotton on the home farm the Rust boys noticed that the cotton stuck to to their fingers on dewey mornings That was the germ of the Rust brothers' brothers cotton picking machine which threatens to revolutionize not only the cotton growing in industry industry in in-I but the social economy of the south In their machine moistened spindles serve as the dam damp fingers lingers to twist the cottonI cotton I from the open bolls boils Small things noticed if the in information in- in formation is used may be the seeds of great opportunity San opportunity San Fran Francisco isco Chronicle J Just st Foll Folks s By Edgar A. A Guest TROUBLE DEFENDS He met Old Trouble and he s said id Somehow I wish that you were dead But Trouble answered No you dont don't You'd like to kill me but you wont won You think that life would happier happier hap hap- pier be If you c could uld rid the earth of me i But should you drown me in a asack sack eack Before re a week you'd wish me back If all the work work of earth eaIth were done You wouldn't have a bl bit of fun If It I were really foe to to you tell you now just what Id I'd do Id I'd take away your every care And leave leav you rou nothing liard hard t to bear All things gs y you u have Ia Id let you keep I would wouldn't t even let you w weep ep Before a match you entered InId in inId inId Id I'd guarantee that you would win There'd be no shot you couldn't S SNo make No line line through which you couldn't break S The only rivals you would meet Would 5 be the weaklings you could beat With doubt your path Id I'd never never cross Id I'd never let et you take a loss Were Vere I your enemy today Id I'd let you walk the easy way I wouldn't once enrich your smile By giving you ou a task worth while Id I'd m make 11 e your dearest treasures cheap As litter litter on on a rubbish heap And ere the year year had had reached its its' end You'd back to to tobe to be your friend d. d I S i Voices From Spain San Francisco is fortunate this week in hearing direct from front spokesmen for for- forthe the Spanish government gov gov- tent and the popular front now battling for life against a fascist revolution aided b by Germany Germany Germany Ger Ger- many and Italy Sonora de Palencia speaks for the womanhood of Spain just emerging from feudalism and at attempting attempting at- at tempting to take its place with democratic countries that respect women's right to participation in public affairs Her audiences audiences' have gained a new c conception of the conflict in Spain as a struggle for the things that Americans Americans' have long enjoyed and for the triumph of ideas that spell pea peace e and human happiness Senora Senoa de Palencia is accompanied nied flied on her American tour by a priest of the Roman Catholic church who takes his stand squarely with the peoples people's govern ment meat thereby refuting the attempt attempt at at- tempt of some newspapers tb to identify C Christianity itself with the side that mu must t depend upon Moors and foreign mercenaries f for r its strength streng San Francisco News S Staggered Stagger d Jail Terms A Salt Lake City judge imposing ing lag a sentence of 60 O days in jail upon a a. motorist convicted of drunken driving has ruled the term may b be bO served on on Sundays and holidays hollday This is a a. nove novel nove adaptation of the American habit of paying a debt on the instalment plan plane It may may not be a as grotesque as it seems It stretches 60 days days' over nearly 5 that many weeks which is ample for proper meditation It leaves leaves' the n necessity c upon the offender offend r of providing for the sup port of ot his family It takes the ott offending driver off the highways on the days he is most likely to be tempted to offend again The staggered jail term may may not be the final solution of the drunken driving problem but it looks looks' interesting Nev v Ne York American S 'S t 5 it 2 |