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Show IlEMlTHnELSENTlNEMITHnE jVpgf H Ilericir Hill of Current Events FOR DEFENSE BILLION Message President Wants Bigger Navy . . . Budget Reveals Larger Deficit, Less Revenue fef:S i! Washington. It is a little early in the new year to become despondent. I suppose, after Not the manner of a certain radio star, Happy I ought to be happy about the whole thing. But I am not. The outlook is too gloomy. Developments of the last few weeks have combined to make me a pessimist of the first water. I hope I am wrong; yet, present conditions force the conclusion that this country faces a condition as serious as that through which it passed in 1932 and 1833. There is no reason evident to me why we should not face the facts, discouraging as they appear. So, let us consider some of the things that have happened lately, and some that are happening these days. Only in that way, I believe, can we get a correct understanding of this new depression which a thousand government propagandists insist upon calling a recession. Four months ago, industry began to lay off men and women workers. There was no market for the goods they were manufacturing. The reduction in payrolls was necessary to avoid bankruptcy. Nobody can afford to pay workers if there is no work to do. Dismissal of workers continued in an volume until on January 1, the great General Motors corporation laid off something like 60,000 men at one time and placed its remaining 200,-00- 0 workers on a four-da- y week. That action, while it appears sensational, was illustrative of what had been going on during the four months that I mentioned; it brought public attention and political attention to a focus, but it was sensational only because of the numbers. It made an impression that dismissal of a few or several hundred here and there had failed to make. During this same period, prices were undergoing a natural and normal reaction. Some were up; some were down. Altogether, they were and are in a topsy-turv- y condition. Government business analysts smelled the mouse. They were watching all of the trends that were evident during those four months. Those officials in high places and charged with responsibility for national welfare were informed of what was in prospect. But government propaganda continued to show bright and smiling faces in the picture. It wont last, they were saying in the written and spoken words. It is a psychological condition, President Roosevelt said and thereby made the same mistake that President Hoover made when he announced that prosperity was just around the corner in 1931. It is the same old corner and it is the same old prosperity, but apparently the Roosevelt administration is going to have Just as much trouble finding either the corner or the prosperity as Mr. Hoover did. TifV ever-growi- To get back to the sequence of events: the time came when the responsible officials More Trust had to say somr- thing by way of Butting admitting the existence of the depression recession." Mr. Roosevelt, it will be recalled, went off on a fishing trip around December 1. He took with him the brilliant and able young Robert Jackson, of the Department of Justice. Now, Mr. Jackson's particular ability lies in the direction of breaking up trusts, monopolies, big business combinations. Those of us whose job it is to watch Washington, thought we foresaw the next move by the administration. Wc have it now in full flower a great drive against all of those smf-i- l big business interests who simply must be the folks responsible for the depression. Of course, it should be remembered at the same time that there must be a "goat when politics gets balled up, and big business again is the goat" of the administration. In consequence of the crash in business, the collapse of the theories of the d crew that seeks to remould America under the guise of New Deal plans, and the general running out of Democrats on the New Deal leadership, the country is now to be treated to another g drive comparable to that conducted by the late Theodore Roosevelt when he was Presient. Yes. big business can always be attacked, cajoled, threatened. It is proper stunt, nearly always resorted to by politicians and others who find themselves locked within the meshes of their own fishnets. Big business is the red herring that the administration is trying to drag across the trail. It is because the administration is attempt. ng to conceal its mistakes, and make people forget them instead of doing a l0ll Structive job that I find myself in the early weeks of The reai fp-of- f to the drive on big business was in the form of a speech by Mr. Jackson who said bv way of the radio that: T!e ony Wjy ,0 insure a g steady for the na long-haire- trust-bustin- well-bein- 1 ffi'. .sfHvisS tion as a whole is for the government to act as an impartial overseer of our industrial progress, ready to call a halt at all times on monopolistic practices which threaten to throw our economy out of orThat theory is basic with most of the New Dealers. America must be made responsive to the Washington government. It is that theory to which more and more business men, little as well as big, are objecting. They are fearful of it for the reason that they can not see how this administration or any that may follow will be impartial" in overseeing industry. It is quite natural for a political group to be intent upon preserving itself in power, and that end never has been accomplished by impartiality. 9 But the New Dealers wish to avoid blame for the conditions now confronting the tion. Conveniently nouBh. there is Shift Blama no mention being made now of the tremendous pressure that was exerted through four of the last five years to bring about higher prices. Those prices now are held to be the result of monopoly, not the fault of the professors who were saying a few years ago when prices were moving higher that we planned it that way." So political guns are turned on big business but my guess is that little business will be hurt more than big business by the refusal of the Wallaces, the Ickes, the Oliphants, the Jerome Franks, the Corcorans and the Cohens to recognize that Hitlers style of business management must fail here as in Germany. The frankest statement about the whole thing has come from Mr. Roosevelt himself. He declared reof incently that ventories" was responsible for the current depression. That is to say, producers and manufacturers, feeling that business was booming, produced or manufactured too much. They did not recognize that the. better business we appeared to have in 1935 and 1936 was highly superficial. Nor were they aware what the Washington government would do in the way of controlling or burdening business of all kinds with new taxation and new restrictive legislation. It was from those latter two things that a fear was bred and the factories and farms that were being worked full tilt because prices were going higher were left with an overstock. I think it can be fairly said also that few persons expected to see such encouragement from the administration for labor to flout the law and take over control of property as has happened. Whatever else may be said, however, the fact remains the theories constantly being advanced by one or another of Mr. Roosevelt's advisers have frightened millions of persons who still have a few dollars which they would like to put to work. On the whole, I am convinced those dollars will not be put to work unless and until there is assurance from Washington that sanity and not monkey-doodl- e schemes will be exercised in governmental dealings with the countrys business. It is dishonest on the part of government, regardless of political party, to charge that business brings about depressions; any person with a grain of sense must know that no individual desires to throw away his own money or throw away a chance to make more. bonfire flamea is being gathered from the at Vaasar college, Poughkeepsie, N.Y., where the American Student Union delegates to the third annual convention of the goods. Silk stocka for Japanese demonstration against boycott staged a homed. were ings, shirts and neckties Silk to feed shapely limb of girls se na-Wo- WMtem Ntwapapcr Ustafc Budget Message Summary Vf ORE vitally important than his annual message on the state of the nation was President Roosevelt's budget message to congress. In it he forecast a deficit of $1,088,-129,6for the current fiscal year which ends on June 30, and a deficit of $049,606,000 for the 1939 fiscal year. There was no promise that the budget would be balanced in the near future, the national revenue estimates being reduced because of the business depression. Nearly a billion dollars was asked by the President for national defense because of world conditions over which this nation has no control," and more may be called for soon for the same purpose. President's the Summarized, budget statement said: Revenues for the next fiscal year will total $5,919,400,000, a decrease of from the present fiscal year. Expenditures, exclusive of debt retirements, will total $6,869,000,000, a decrease of $539,600,000 from the present fiscal year. National defense appropriations will total $991,300,000, an increase of $34,300,000. Later the President may ask for additional funds to construct several extra naval vessels. Relief expenditures for the next fiscal year will total roughly $1,138,- 304.000, a decrease of $341,350,000 from the present fiscal year. The deficit will be financed through Social Security and other trust funds and not through public borrowing. The deficit estimate for the fiscal year which ends June 30 has .been raised from $695,000,000 to $1,088,- 100.000, because of the business recession. Expenditures for new highways, new rivers and harbors projects, new public buildings, new reclamation projects and other new public works will be reduced sharply. The public debt will reach a record high of $38,528,200,000 on June 00 30, 1939. For National Defense IJEFORE the reading ! j I I I J of the budget message in congress had been concluded, the President was in conference in the White House w";lh nien who will have most to do with putting into effect his plans for strengthening the national defense. These were Assistant Sec-- ; rotary of the Navy Charles Edi-- i son and Admiral William D. Leahy, chief of naval operations; Chaiiv man Edward T. Taylor of the house appropriations committee. Chairman Carl Vinson of the house naval affairs rommitlce. and Representa- tivc William B. Umstead, chairman of the appropriations on naval appropriations. The group considered additions to t.ie navy building program, includ-- I ing recommendations for beginning construction on five battleships to replace all obsolete American capi-ta- i vessels, ten to fifteen and additional submarines, cruisers, destroyers, and auxiliary craft. Senator Hear About Auto A 'TER listening for two days to ernment officials, the sen-at- e committee studying ment and relief turned to unemployindustrial oauers for information and advice. It with the automotive ir.- - t wiiat t!io in e Her position country dmgers are. "rim Krwnupe: Union. 3 ,(,!: nn f,om ti,e Vurufacturers' association uv.udis all the most impor- - w.iic.i - S WEEK SUMMARIZES THE si?'?'. rrivir tl..in anyone ei.e Pichuui WORLD! "slhblunfoct IV. over-extensi- President Roosevelt has taken a firm stand for a larger navy. His ao lon deserves com- . tor Larger mendation Pnn.ii- tions throughout Navy the world are such that he would be foolish to disregard the necessity for a strong defense. It will cost money, of but course, preparedness has proved cheaper always than being thrown into war because no other nation is nfro-- of us. I have an idea that Mr. Roose-cl- t will be attacked from a dozen different directions. peace r r,1L,ry ,0 pin " baik and make hun sav une'e " but I have gained the t..at Mr. Roosevelt will impression his program. Certainly, adhere to nearlv students of international affarall agree that he is 100 per cent rich In a letter to house leaders, Mr. Roosevelt suggested the necess ty for construct, on of two battleshms. Kht dost and six submarines eight therovers fiscal during ear beginning next 1. These craft are in add.tton July to other naval LISTER HILL, administrate EP. adherent, is to be the new tion senator from Alabama. In tot-mocratic primaries he defeated Senator Tom Heflin, and that Tbe seat is equivalent to ejection. Huhe will have, formerly filled by since occupied been has go Black, Blacks elevation to the Supreme court by Dixie Bibb Graves, wife was of Governor Graves, but it as would she resign agreed that soon as an election was held. years Mr. Hill, who is forty-thre- e old, will be one of the youngest He has members of the senate. been serving as chairman of the house military affairs committee. Am LADIES ?SS yE'sK?1. ,Ck m in th "slry ex-- ! company Major point in the statement Employment averaged 517,000, largest ever and 16 per cent above 1929. The automobile industry was the only one having an increase in labor cost per unit of output since 1929. Weekly earnings of workers averaged $32.04 for first eight months of 1937. At present dealers have on hand about 400,000 new cars, highest since 1930; manufacturers have very large inventories of parts and Hourly wage rates are 30 per cent above 1929, all direct manufacturing costs equal to 1929, but auto prices per pound are still 13 per cent below 1929. Sutherland Retires passed U AVING age of seventy-fiv- e the retirement years. As- sociate Justice George Sutherland notified the President that he would quit his seat in the Supreme court on January 18. Like Justice Van Devan-te- r, he mil still be eligible for duty in the lower courts at his own pleasure. 1 fc. SM I FURNITURE, etc., S Alj B. ADAMS A SONS. FamHur u MM Sa. SUM St.. Sail "U UquutaUnS foMjWa Vow tha taiuoua JUehmnLJ I74.SO model or SmTS or SS0A0 tor SM.75 or De Luw Vfc tub. Chrome trim, re. fllS.50 for forf fuff factory guarantee, la orlginaiiS tory crate. I carload. W. aura, Mow No New Deal Retreat message on D EADING his annual the state of the nation before the senate and house at the opening of congress. President Roosevelt de- der." 9 to Be Alabama Senator HOTELS BALT LAKl Om nAMOXI, Uta RaUa SI.M I lie 4th Sa. kespbctable-cll- quibt clared his purpose to advance upon the same fundamentals of the New Deal that have hitherto been proposed.' He said: I do not propose to let the people down. I am sure the congress of the United States will not let the people down. We hold our principles and our objectives to be sound. We will never go back on them." The President again urged concongress to enact legislation for He work. of hours and trol of wages asked that all segments of the nawith the government tion to achieve better economic balance. Reasserting his approval of proposed changes in tax laws, he said: "Three things should be kept in mind. First the total sum to be derived by the federal treasury must not be decreased as a result of any Second, changes in schedules. abuses by individuals or corporations designed to escape taxpaying by using various methods of doing business corporate and otherwise-abu- ses which we have sought, with to end must not bo success, great restored. Third, we should rightly change certain provisions where they are proven to work definite hardship, especially on the small business men of the nation. But speculative income should not be favored over earned income." Speaking of his attitude toward the nations business as a whole, Mr. Roosevelt declared: The overwhelming majority of business men and bankers intend to be good citizens. Only a small minority have displaced poor citizenship by engaging in practices which are dishonest or definitely harmful to society. This statement is straightforward and true. No person in any responsible place in the government of the United States has ever taken any position contrary to it." He called for prompt agreements on a farm program now in conference between the house and senate and asked specifically that congress keep the cost of its administration within the figure of current government expenditures in aid of ax BARBER SCHOOLS LKAKN BARBEKINO In a fewmoaiu Mew ciaiici now formlsf. Position QyJ Soil Lsks CsUsgs llslsr lifter BEAUTY CULTURE Cteanaea parr- Dereae Beaaty Clay. moves wrinkles, beauUfiea. Postpaid household product. CoanwiC Herbs, Cmaldwan Laboratory, Caaatilto. TauJ I PERSONAL ALCOHOL Traalaieat Basalts Aaaanl Only S days at IMTEHMOUMTAIN gfoJJ TOB1UM, IMS K. atb B., Salt Laka Jlsk Me JUioiher 0 1. Why pointed? 2. When ceive this X. What A General 1937, 4.800.000 automobiles wvre produced in the United States ' 10 per cent less than in 1929. atari seem to bt did the White House w name officially? is the curvature of the earth per mile? 4. What is the highest deno ination of postage stamp issued by the United States? 5. Is water in a pail perfectly level at the top? 6. How long was the original Greek marathon race? Answers 1. Their apparent points are due to the scintillation arising from i equalities of the earths atmosphere. 2. The name White House" be came official during the administration of Theodore Roosevelt 3. The earth's curvature per mile is approximately 8 inches. 4. Five dollars. I. It is slightly concave, due to capillarity and surface tension. 6. The runner who carried the message of Greek victory after the Battle of Marathon traveled about 24 miles. ARE YOU SutherJustice land, a former United States senator from Utah and a former president of the American Bar agriculture." ONLY A 3 74 WIFE? 9f bever ndmtaad tbiea goal a wila who b lovable for thna watta Boath but kali-c- at tha fourth. No mattarhow your back achm bo mat lew loudly your parvaa aerma dout taki uu kuabaad. For utoar how to co amUluw'throueh" Lydia association, was appointed to the Supreme court by Power Loans O.K. President Harding in 1922. He was 'T'HE Supreme court ruled the gov- taw -. bom in Buckinghamshire, England, emment could make loans and IdpMutmu tho dacomfortaupUarS-Ufrom tho functional and was brought to the United grants for publicly owned electric ram which women must snduim States in his infancy. He was iden- plants. niat-m- ora tified with the conservative wing iff thou a mUUam womaa h Secretary Ickes, the public works vnttabltUamrnwrtiiM braaflt. the court. said the decision administrator, Whyart by LYDIA R P1NKHA1 VKGETABLE COMPOUND? would affect construction of 52 powImmediately upon the announcement of Sutherlands retirement, ev- er projects costing $84,026,288 for eryone began guessing as to his which his agency had allotted One Right Way successor. It was taken for granted as loans to be repaid and If it is right there is no oth that Mr. Roosevelt would select a $21,674,408 as federal grants. liberal. Justice Sutherland delivered the way. Theodore Roosevelt Prominent among those men- opinion of the court. tioned for the place was Senator Sherman Minton of Indiana, a Finds a Surplus steadfast supporter of the New Farley TIM in his annual reFARLEY, Deal. If the appointment goes to HOT port as postmaster general, was the Middle West, Gov. Frank Murto able LEMGNA show a surplus of more than phy of Michigan seemed to stand a 12 millions for his To good chance. Except for the fact department that New York state already has do this, however, he deducted an exitem of about 60 million dot three men in the court, Senator pense Uin 1 Robert F. Wagner would be near the 1? "nonpostal item. He charged off the air and ocean top of the list of possibilities. Solicimail subsidies and all free mail. tor Genera Stanley Reed of KenDealing with the activities of the tucky was the favorite of many, Menthol Cough Drops but there are two other southerners postal Inspection service, Farley Both kavo aa Alkaliaa Fadoi said the traffic in on the bench. Others suggested were tickets is believed spurious lottery to have William Denman been of CaliforJudge nia, Lloyd K. Garrison of the Uni- broken up with the arrest and conof a band of racketeers in the versity of Wisconsin, and Donald victionWJ0 ..I? deposed of more than 10 Richbcrg, former general counsel million dollars worth of such tickand later chairman of the NRA. ets in the last few years. HOTR BEN LOMO Remembering the Hugo Black episode, the senate will carefully scrutinize the Presidents nominee. China Reorganization INSTEAD of surrendering to the Japanese invaders, the governFord Wont Comply or China has been reorganized D EFUSED a reopening of its case ment anti nlans made for continued re- - j before the labor relations sistance against the board, the Ford Motor company enemy. Chiang Kai-- ; served notice it would not comply shek, as was pre--! with the board's order to cease dieted some time nnd desist from alleged violations ago in this column, of the Wagner labor act, and to has dropped all his reinstate certain discharged workcivil duties and win ers. The board decided to ask a devote himself to circuit court of appeals to enforce building up its decision, and the case leading the army. will be carried up to the probably Supreme He la now commandcourt. er in chief of the OGDEN. UTAIt land forces end tern- h Rama SSI Dathi . .K Cant Limit Strikes? pnrarily at the head Family Room tor 4 prnaaa of the navy. Finance national labor relations TJIE H. Kung, his brother-hiAir Cooled Lauuz aad L board informed congress in its , Grill Ream .. ColTr Shop . , T annual report that legal limitations 88 Presd,nt on the right to strike would yuon or Premier, be unand oilier iUt,Ve Nemo eT important changes have constitutional. The statement was been made in ministries and Ralary Klwaula Kimill made in the face of a reviving drive Kirfean key Opliumo ; to amend the Chamber of Comairrto a ad Ai Wagner act, under which the board operates, and to take steps to increase trades un- training HOTEL BEN LOMONI ions responsibility. Came a yea am i $30,-191,9- 44 tffutodnu w LUDEB1 and j m ssassr-"-- 5 ; uau do t-- In Quit T. K. Filisari |