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Show THE Cl TIZEN LOANS LEAD US "Phi 1 With the commonly accepted view that the United States Pit liot now enter the world court, and that we are farther away Saiii ever from the influence of the League of Nations, a great the danger of our iy people are rejoicing over the fact that rfering with the domestic troubles of Europe has entirely W.: Nothing could be further from the truth. It is true Fa weare not going into the League nor into the Court for that Orciteivunless the European nations reverse themselves on our f nervations. But this does not mean that the danger is over. For so long he United States remains the creditor nation and continues to billions of gold into Europe there will always be a demand Lr; Uncle Sam interfere in European affairs, whenever the iers of European securities in this country feel that their inlays ists are in danger. ownc the holders of European securities were only a few interzonal bankers on the eastern seaboard,, it might be difficult, warigh not impossible to move public sentiment. But this is the situation. New York has become the money capital of the Id. European nations owe us billions of dollars and they 1 1 this not only too our government and to our bankers, but to 111 jisands of investors in European securities in all parts of the "ntry. It is estimated that in addition to the staggering sum ;ady owed us, approximately another billion dollars in gold ucillt 1 be poured into Europe this year by American investors. As the Associated Press report recently put it : This gold-treawhich once seeped principally from sources along the now flows in large volume from the reservoir llntic seaboard savings in the great middle west and Pacific coast. We have loaned nearly four billions in foreign lands during past three years and the total of our private loans to Europe r approximates ten billion dollars. The internationalists who it us to become involved in European troubles are gleefully ing that these loans to Europe are bound to give us an in- n rational mind in place of the old American . m mind-our-ow- Pniness spirit. Of course every farmer would like to get $5 for his wheat, $5 for his potatoes, etc., but who is going to pay the price. The Cubans expect to boost the price of sugar by restricting the crop. If they carry out their plans, how many people will be thrown out of work, and the people who do not work, where are they going to get the price of the higher cost sugar? When price fixing gets to such a stage where governments get interested, it is time to move very carefully because it presents a condition where a few individuals may bring about a price control which will work to great injury for several years before it can be remedied. The government had much better stay out of any price fixing game and see that the common law is properly enforced and allow the people to work out their trade conditions themselves. AID We are in this world to help one another. Nothing else is worth while. Most of us do help one another without being aware of it. There are motives in words as well as in actions, and when a man may appear to be egotistical he may merely want you to know as much as he does himself. It is natures way of advertising some of the good things she has in store and wishes others to share. Generous impulses are frequently hidden in wliat appears to be a hard covering of selfishness. Big achievement often emerges from the most unlikely places, and benefits are imparted by the most trivial minds. Progress in real endeavor is thus assisted and the way opened for far- reaching service. Henry Ford. LIFE OF MINE The question is often asked, What is the life of a mineral minc?,, This is a hard question to answer. Near Cairo, Wales, there is a gold mine which the Romans worked over 1,700 years ago, and the mine is still being worked with profit. Some of our Utah mines have been worked for over fifty years and they are producing better than ever. The mineral resources of Utah have been barely scratched. We now have the largest open cut copper mine of the world, as well as the biggest silver producing mine, the Tintic Standard, and we are just getting started. An English newspaper recently commenting on President didges speech at Kansas City, consoled itself with the state-l- t that before long we 'would be in the midst of European Iblems whether wTe want to or not, because of our immense WILL MAKE GOOD i jis to Europe. Of course these loans may be all properly secured and doubt-ar- e Some people believe that Henry Ford will not get results from the purely financial standpoint, although of course Pone can predict wliat the world situation will be ten years from his venture of employing young boys and girls who have ce. But the fact remains that the internationalists are right left school and provide them with good jobs, at good pay, and n they say that our immense investments in Europe will make only five days a week. 1 le of our We are ready to match Fords 5,000 against any 5,000 people more and more interested in Europe and less loafers and bet a peanut on the side that Fords plan is a iD. rested in America in a financial wray. The internationalists ragh these loans hope to increase sentiment for a cancellation success, while among those who do not go to work a large per )cakhe government debts, and for a breaking down of our tariff cent will become criminals. ;em.' In short they hope to do indirectly what they thought INSURANCE GRAFT DKEht be accomplished through the League of Nations and an un-0jrved adherence to the World Court, two agencies which they f find are ineffective. Following the lead of Massachusetts, compulsory automobile liability insurance laws are being advocated in many states. ii'i iii The arguments for such laws are based largely on the precedent PRICE FIXING of compulsory employers liability laws,, although the two probI .Edward T. Meredith, former Secretary of Agriculture, is lems are entirely different. e on There is no tendency to tighten up on requirements for a he opinion that fixing of prices of at least six of the most r. truant farm crops by a federal commission would result bencfi-:- y drivers license. The main desire seems to be a wholesale shiftto the nation. ing of liability for accidents, to insurance companies or the We do not believe that price fixing ever results advantage-- y state or anybody, except automobile owner who causes acciD. to any one. dents. Demand for this legislation is in line with the mania for lawIf there is a surplus, some one must pay for it. In this day and age of organization from street cleaners and making, which constantly adds to the cost of living, and gets :ers to bank presidents, is boosting the price of living out of farther and farther away from the primary principle of personal iroportion to wages paid and some day a big crash will occur. responsibility. (The big delinquent tax lists in all cities is the Paul Rein-' of the times and it plainly shows that the people are fast The coming real benefactor of the human race is the fellow who can invent a , , iing to the end of the rope. automobile tire. f iJ I 5. im-h- I 4. self-filli- ng |