Show NOTES AND AND u COMMENTS fl B By Frank Fronk Connor I I BANK BANI FAILURES FAILURES- I According to Professor Westerfield Wester Wester- field of Yale University eleven I thousand out of thirty thousand j I I banks have have failed in twelve years I The largest number of failures in ina ina a single year was 2298 in 1931 j m ma Obviously this procedure could j I not go on much longer without l I complete financial collapse And just what degree of collapse President President President dent J Roosevelt has averted remains re re- remains mains to be seen Only time will tell The epidemic of banker suicides continues This is one thing that must stop before the confidence I Mr Roosevelt desires will be glen gl glen gl- gl 1 t I en for it is the whole banking 1 I system that is in disrepute not I Individual bankers With bankers blowing out their brains and stepping step step- step step-I I ping out of windows of high elevation elevation ele ele- I it does not appear that I many of them Ulem have confidence in fn their own business I L IS V WAR AR POSSIBLE POSSIBLE- At the present time our fat Sunday Sunday Sun Sun- Sun Sun-I j i day papers are arc offering us the reasons of their various contributors contributors J I tors for the likelihood of war in Europe if the wrong move is made j i Intelligent observers have maintained main main- tamed ever since the treaty of Versailles was signed that nothIng noth noth- ing ng else would be likely with the peace of Europe resting on such sucha a document I I At the present time however there can be no war in Europe Wars require among many 1 things excessive taxes and broad broadI 1 I credit No nation of the world is now able to collect the excessive I taxes taxes and and as for credit i There is another reason the Importance importance importance im- im ImI I of which ought not to tobe tobe tobe be underestimated and that is the i increase of conscientious objection i Ito to military service Professor l Ein-l Einstein Einstein Ein- Ein 1 stein is of of othe the opinion that it would j i take half th the armies of Europe to control those who who vho at the present present present pres- pres I ent moment are conscientious obI objectors ob- ob or better to use a n. term I Dr Einstein likes war resisters resistors I IDEALS AND POLITICS POLITICS- I The late Dr Ernst stated emphatically that politics pay no attention to ideals He He complained that the World War Is regarded by the worlds world's poH politicians as simply one episode among others In other words no lesson has been learned from it j I I He also stated that the Roman I empire collapsed through the inadequacy Inadequacy in inadequacy In- In adequacy of Its ita administrative technique which was not sufficiently sufficiently developed to meet the needs of its gigantic territory Unless our administrative technique receives receives re- re re 1 I a much needed improvement I some future diagnostician of antiquity an an- will say the same about II the United States I II I |