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Show UTAH LEHI FREE PRESS. LEHI, SEEN and Haround HJ2MJLJ the NATIONAL CAPITAL Carter Field V, -- Washington. Where is this capital which is "on strike"? Where are the dollars which, if put to work, would, as President Roosevelt sees it, save the capitalistic system? There is so much misinformation going around on this subject that a little fact, gleaned by questioning reserve board experts, bankers and Other authorities, might be injected. First, it is not in banks. Money In bank is not "on strike." The bank can use it for commercial loans, or for buying bonds in some It is not in governenterprise. ment bonds. Selling these would merely mean that some one else would hold them, which would not change the situation at all. Some of it is hoarded currency and perhaps a little illegally held gold in safe deposit boxes, or buried. But this amount, so far as the total goes, is chicken feed. Actually, this capital is potential, not actual. It does not exist, but it could be made to exist. The President thinks it should be made to exist. The folks who could make it exist are not willing to take the chances involved. That is the whole story, but hardly anybody seems to believe it! Let us illustrate. A thinks there is an excellent opportunity to make some money by starting a factory mato make chines. A has no ready cash, but he has good credit, is favorably known to his bankers, not only as a man who has always paid his debts on the nail, but as a good business executive. In short, a good risk. So A has no difficulty borrowing $500,000 to erect this factory and start operations. He also has the confidence of half a dozen friends who happen to have good credit, so they borrow another $500,0(10 from banks and take a chance with A. How It's Done have resigned same time back if they had not thought it the.r duty to remain. Thty distrusted the President's economic views, and did net wish to give him a chance to replace them with men who would go along with New Deahsm. Fight Is Over But that fight is over. The President really defeated the conserva tives on the Supreme court the daj he proposed to add six new justices. Most lawyers agree that it was this pressure which resulted in the higi court's sustaining the Wagner labor relations act. They think it was this pressure which guided the court into much more liberal decisions on other cases than would otherwise have been made. Many senators think it was this same pressure which resulted in Justice Van Devanter's resignation, which was timed most strategically with respect to the senate fight. There was some little regret about this afterward among the conservatives. Afterward it was apparent that this particular sacrifice was unnecessary that the opponents of the President would have won anyway. That, of course, is a matter of opinion, but once Hugo L. Black became a justice there was no longer much doubt about how the court would go in cases sharply drawing the conservative versus liberal line. So the conception of patriotic duty which had caused Sutherland, Butler and McReynolds to remain on the bench, long after their personal inclinations were to resign, gradually faded. With Sutherland's passing and another New Dealer to succeed him, the duty of Butler and McReynolds to remain vanwould King Farouk I, ld ; Keeping Fish Vo Thaw ! cesto s thu Ciu dun troops into the sea and fought all Europe ar.u Indeed, is not Egypt the center of the uorld civilization? un . back only a few years, dates awakening Egypt's more is a st K n passionate revival of nationalisticthe feeling bo a of ascension recent development, hastened by 0-J Kmt, who is just now beginning to feel his strengtn m the hands : cuttv be to t1 lb 10 ,,i nut ,n ,.n,m.t lo ..,Ctiis uiu, .j"""t a scheming premier, nor old Tne Egyptian charm. a enough to be very diplomatic. legendarv from resulted romance roval tan-d- a Thus far his ultimate ambitions childhood between friendship are not very clear. But the and Farouk's four sisters. Ear y family powerful Wafd (National party) last year when the royaltook the Switzerland they cabvisited the from has been driven budRomance new queen along. inet and an allegedly ded in the Alps. rehas governing body ctuallv, King Farouk will not be 11. But he placed it. eighteen until February feet tall. six than to the more ascended is already King Farouk claim he has Egvptian"pre?s agents 19.':6 the in throne following tra.r.ed mind, a strong death of his father, the diplo- "u" finely stalv.-ar- -- Tit!, i finer if the white of Attractive Apple DesserU?J i v fi- f4 , r uui ewe dnu pui into pan taining boiling syrup to which cents' worth of cinnamon s nave been advl ) um.li lender. Then r dou j,ei move from fire and place -. dr-- ! V ce- COLDS Given Fast Fascist Trends Apparent. Great Britain is justified in being doubtful about Premier Mahmoud. Although he has given every assurance that his new cabinet embraces the policy of friendship for Britain, there is too much Fascist zeal in the patriotic slogans of .it Mahmoud -- : and his followers. Egyptians are encouraged to despise everything foreign, to speak only in Arabic, to buy only from Egyptians and to keep as their motto something like: "Allah, the Fatherland and the King!" Still another Fascist note, paridoxical though it may be, is the Wafdist Blueshirts' determination to defend democracy with an organization that is itself Fascist on the surface. Great Britain realizes that Egypt is in the center of a political hotbed. In Libya, along the Egyptian frontier, Italy has placed V 4 ' frjl highly-mechaniz- army 'niiir ..,.. season is over. And tourists are swarming through Cairo right now, because the boy king is taking unto himself a wife. The Bride Is Tretty. Preparations for the elaborate marriage ceremony starting January 20 have been under way for months. The bride is comelv Miss Farida ("The Only One") Zulfikar, daughter of Zulfikar Pasha, senior justice of the mixed appelate court of Alexandria. Like a previous .queen of Egypt Cleopatra byname Queen Farida is among the fairest in the land. The name Fa- - h V-- f that he is Egypt's first independent native ruler since Cleopatra, who defeated Mark Antony" with iter wiles and Julius Caesar with her army. Many Egyptians believe the Pharaohs have sent a message to K;ng Farouk end his people" pre- ordaining a glorious reign. This belief was "confirmed" by the discovery on October 20, lfoj, of the great stele (gravestone) of Amcnhotep II, who is now alleged to have ascended the throneof Egypt on his eighteenth birthday in 1417 B. C. Egyptian columnists have taken this as an almost unbelievable omen of g --4 will for Farouk. What thousands of Wafdists are now wondering is wlietlu r FaKing ... rouk will continue in : , ."vi me i'"' lus.nous Anienhotcp's career by establishing autocratic rule. What Great Dr. tain n"(!i-.u,!. ; ""vniei d, I d lilt" lussohni h- -s been cdu- : catmg Farouk nlim, lines. Certainly II nl!ce has been his sway extending North Africa; possibly hethroughout also has ambit.ons m E..y,.t. iwvvn c bear out this belief. The Xahas P.lur shirts. When Farouk came to p;,WCr his prem.er was Al, Maher Pasha, anli-af,royal advisor of the late King The Wafdists were lU Py wnon Ali Mab.er was shoved into the senate, Biving the oemoerat.e Premier Mu ,',afastrong Nahas Easha a hkc.y nu,W on rovd dy adv.ee. Cut a few weeks ago Ah Jiaher was removed from the sen- 11- Set. f V 1 J ' r . i' :s ....... Patriotic Egyptians say Kin? Farouk's features resemble those of King Amrnhotep II, who also mounted the throne at the age of eighteen, in 1447 11. C. rida was bestowed on her by Farouk, replacing her given name of Sasi Naz. Her mother was a at the royal palace. She is a spirited and talented girl, it is reported, beautiful to the extreme and "the personification cf g the Wafdist I.tucshirts clashed shoes wit! of Cairo ,n protest of the It was the king's first hostile move against the WafS' nght Later came a clash nt of AU Mahrr's succeSor ln move. ed units. Arabs East are The sneed with which Bayer nrt. in relicvinS f nhlffs the (lis- asdj colds of svmntnms Irpwinrt nrcomnnnvinc sore throat is utter. ami the trcataecti . lv nnminf simnle :ind nloasant. This is ail von do. Crush and dissolve three i rmniiinp Hnvnr Asni rin tablets lal class of water. The d one-thir- tw, gargle with this mixture hnldinsr vour head well back. Thin Tnndirinnl Carflle VTlll atf c almost like a loraf anesthetic the sore, irritated membrane m your throat. Pain eases promptly rawness is relieved. vn will enw it is remarKaDK And the few cents it costs efcj a big saving over expensive minc" anri .strnnc medicines. An3 when you buv, see that get genuine tax i g 15:c FOR 12 the Near throughout TABLETS aroused by England's policy in PalDOZEN 25c 2FUL estine. King Farouk's latest attempt to a tablsi Virtually drive the Wafdists from power was an order dismissing the highly democratic parliament for one month. Life Is Labor con.- The order followed close upon the "TVip hanninef s of men heels of Nahas' dismissal as pre- in life. And life is in labor. mier, but its immediate end was Count Tolstoi. merely confusion. As the chamber speaker was about to read Farouk's KAVEYOUGAS. HE order, irate Nahas jumped to his feet and began to protest. Police Wi- bita, Kf-Swere called, the lights turned out and the parliamentarians stumbled to the streets. Nahas could smile however, for he had won temporary success. The dismissal order had not been finished. frit Election in Offing. Ircd to it has lw..s pr firf Scheduled almost at the same !r,M: Golden Medical D.soomt time as the royal wedding is a new much gist today. See how parliamentary election in which Kmg Farouk and Premier Mah moud hope to see the Wafdists defeated. At present the Wafd has SALT LAKE'S NEWESJJ2HS lol deputies out of the total of 232 . . . and D4 senators out of 132. If "j.--ntiifallf 1 this Our obt,y great majority is wiped out, " cooieu during democratic government mayEgypt's Room be on for Every Radio the way to disaster. Bath J 200 Roomt-2- 00 Among plans already announced by Premier Mahmoud is ment of the army from 11,000enlargeto 50 -000. Even 50,000 troops would be an unimportant stumbling block tt any invader who might covet gypt. Therefore observers believe he military expansion is for internal defense of Farouk and the palace government. Built HOTEL a loyal ormy. swiftly, ready to do b.dd.ng of its king and pre- or. With such a force behind tnem, Farouk and Mahmoud might ' lesnt The new auren of K?vnt. nrpftv Mks FnriH old daughter of an Egyptian judge, with whom Farouk fell in love durin" B a trip to Switzerland last year. i rea-nox- r If ' rrjj in SORE w 1 egg d. CL 1 m flnr added last to batter. - 1 'l J fy..! For Griddle Cakes. The w ture oi gnacue cakes will be CJJ M ft s l burning s House choice for the Albany job the it ue and physique." Like monarch? of old, Farouk has in center of been trained from birth to the arducinld-liooThe apples will be r4 Said to be the first independent apple. ous duties of king;!:. p. His not as king Egypt has had since the days and spicy, and witn the white although happy. w:-.I ters make an attractive desser.! carefree as that of children born to of Cleopatra, King Farouk on isn't the a less exalted destiny. He was content wilh merely sitting wants to rule. taught the necess.ty of punctilious throne. He also Low to acknowledgements courtesy, to apand return salutes, all a part ot the senate, Farouk refusing THROAT nominee. Wafd the majority's which prove the burden of responsibility to he declined later A few days was destined to fall on his shoulsign a bill authorizing expenditure ders. of funds for suppression of foreign Find Historic Parallel. demanding an account Wafdists may have rome reason propaganda, for every cent. ing to believe their new king is beim; Eventually Nahas was forced to impressed with his importance. It Relief when his differences with Faresign discovered Leen lias conveniently rouk failed to dissolve under arbiIn his place Farouk aptration. pointed Mahmoud Pasha, whose private army the Greenshirts have Tcke 2 Bayer often clashed with Nahas' Blue-shirt- s. Tablets with a With so many "shirts" flyfull glass of ing through Cairo, it was quite obwafer. to vious that somebody was going ' $ V lose one. A few days before his " ' forced resignation, N alias had or' dissolution of the Green-shirt- s. dered v i. Crush 3 Bayei 4 Mahmoud, in turn, not only Tablets injgb abolished the Blueshirts but also all of water garjii other "shirts." Whether this wise twice every fe move will stop the rioting remains hours. to be seen. without bowing too deeply before the strongly democratic Wafdists. If Farouk were older he would probably follow a sim- i nourshof-.- . at latches Firths H pour water on spreads blaze. t I F th., ...ii.g thP funnel. st matic King Fuad, who managed to maintain his power f - Slowly be placed iui &ceiai , -r- I ... ,.u Separating Yolks From Wife vyucu aepdiaung tne yolbfrT the whites of eggs, break fiZ over a funnel Tim 1 ifi Meat kn i is cooked. Meat is invariably tough. as Egyptians For several trious national background. Their pro-Fasci- HOUs FirnTdvnH meat should n.iiA.uru LaBIXE By JOSEPH W. : have for got ten the r centuries two-thir- e. ' fish will white if a litt' to the watpr in Climaxing Koval Romance pro-Faro- Kelly-Nas- m THE oiled Floner of Hi LanJ in Elaborate Oremowe. ilar strategy instead of attemptHence their retirements will come ing to safeguard his power by during 19H8, probably at the end of the Wafd. the present term, in June, and liquidating Roosevelt will have the full responAlthough street riots be' as court for the tween Wafdist Blueshirts and Supreme sibility well as the administrative part of stuuniversity He will have the government. the common been have dents named an actual majority. a has truce few months, past South for Farley been called until the current tourist If the governorship of New York this fall could be decided by a vote of the senators in the states from the Mason and Dixon's line to the Rio Grande, James A. Farley would be the next occupant of the 'executive mansion at Albany. Until the recent White House intimation that Robert 11. Jackson was the White In any real transaction of this sort probably the loans would be made by several banks, but to simplify matters let us assume that one bank loaned the entire million dollars. Actually the bank does not pay out a cent of currency. It merely enters up the loan on its books. It thereby increases its deposits temporarily one million dollars, and increases its loans by the same amount. Let us assume further, to make the illustration simple, that the bank had already loaned up to the limit permitted by reserve requirements of the actual money on deposit, plus capital and surplus. The banker would merely take the notes of A and his friends, plus perhaps a few others, over to the Federal Reserve bank. The reserve bank would hand him $1,000,000 or whatever amount was covered by the notes in bright new currency. Or it would, more likely, merely enter on the books that this 'particular bank making the loans for the new factory had now so much on deposit. So it might be that no new money would ever be printed, though that could be done if it were advisable for any reason. So a million dollars would be put to work. A million dollars which did not exist before A and his friends called on the bankers. A million dollars which would never exist if A and his friends did not think there was a good chance for a profit Don't Want Jackson if they built a new If Farley should step supinely machine factory. That's the money which is "on aside and let Jackson win the nomination, with the probability that he strike." would gradually annex the DemoCourt Vacancies cratic organization in the Empire Three more Supreme court va- state, they are not so sure. The cancies within a year will insure a South has a lot of votes in a Demominimum of five appointments to cratic convention, but not enough the high bench that President to insure victory if New York is Roosevelt will have in his second committed against them ahead of term, as against none in his first time. Especially as the Democratic four years. The three expected to organization in Pennsylvania is in follow Justice George Sutherland off such New Deal hands. And strong the high tribunal are Justices Louis especially since the maD. Brandeis, James Clark McRey-nold- s chine in Illinois is so to the friendly and Pierce Butler. White House. Of these McReynolds and Butler What were they thinking about at two of the real conare the last in 19HG, many of the Philadelphia servatives, Sutherland and Willis Southerners are now asking themVan Devanter with these two having when they permitted the made up the conservative front on selves, rule to be abrogated? the court. So that there will be So, while wild horses could not only four men on the court not ap- drag it from them, what the southpointed by Roosevelt, and one of ern conservatives would like these four an out and out liberal-Just- ice to see, if Roosevelt shouldreally succeed N. Cardozo. The Benjamin in having Jackson nominated for remaining three, Justices Harlan F. governor of New York by the DemStone, Owen J. Roberts and Chief ocratic state convention, would be a Justice Charles E. Hughes, are all victory. more or less "in and outers," so to Republican But this, they admit frankly to us so between far cleavage speak, their friends, is an idle dream. progressivism and reactionaryism "Who," they inquire, "could the Reis concerned. publicans possibly nominate for Justice Brandeis is now past governor who would have a chance He has intended for eighty-onthe organization built by Jim against some time to retire. Though re- Farley in the Empire state?" garded as the most liberal member Which is interesting as applied to of the high bench, he did not ap- the national picture. For any child prove at all of the President's at- can take the electoral vote table tempt to enlarge the court, and as a and figure out that while the Demomatter of fact supplied considerable crats can win a national election of the ammunition used against the easily without New York, the state's President in the senate battle on electoral vote is an absolute essenhat issue. tial to the Republicans. e Bell SvndicaU. WNU Scrvtm. Justices McReynolds and Butler f 1 the Faire.t Monarch, Marrie ished. southern senators had not worried much about New York politics. In fact, they thought it was all settled. They thought the postmaster general had the inside track. When they thought about it at all they wondered if Jim would be very belligerent in fighting for delegates after lie had been governor for a couple of years and whether this belligerence would take the form of fighting for delegates for himself or whether he would still be taking orders from F. D. R. But with the Jackson development it is not just idle wondering. The southern conservative bloc is very It does much concerned indeed. not want Jackson as governor of New York. Not that it cares very much who is governor of the Empire state, or what happens at Albany, but it does care very much for whom the New York delegation may vote for the presidential nomination, and it most emphatically does not want this big bloc of delegates casting its votes for any New Dealer, while of all the New Dealers with any possibility of obtaining the nomination the one the southerners are strongest against is Bob Jackson. There is nothing personal in this. Most of them rather like Jackson. But what they really want is a conservative. They have admitted, in private conversations, that they did not think they could possibly defeat F. D. R. himself should he choose a third term. But they did think, up until this Jackson development, that they could defeat any other New Dealer. AHOUND EGYPT'S BOY KING mm f ' f ' trails i Tt Temple Squar successfully eliminate the Wafdist competition. But perhaps the influence of hi, beautiful young wife will pad-f- y help the boy king. Pressed with Realism of adolescence, Farouk theis ho"1 1 rrrl' ' '.Blf .....rrnirlv r"T" tharoiiBl.ly HIGHLY You can UK ;OMME .... C Western Newspp ERNEST Unlon- - SSBS: '". lo upP""" -s- H' a mark .et oif , yX0 liT' ttlrt |