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EDITORIAL — PlfeADI V IF WEE-K- -- THE SALT LAKE TRIBUNE SUNDAY MOHNINO MAY 20 1931 Pfe C IEWS SEOTIOD — TkfrA Firt MAIM 1 HOOVER JOHNSON CREDITED WITH WAR DEBT SOLUTION v- A - I ' 1 i than the Californian’s destruction of evil with a very little bill ‘ (Copyhght McClure Newspaper ‘ a great Cancellation Seen (As Inevitable Step -- Syndicate! Johnson law which- - for the future while not actually preventing the acceptance of token payments robbed the president of the moral right again self I entertain no such apprehen- but Senator Johnson just as surely to administer absolution for the am Default now become sions Together stopped token payments of default inevitable will precipitate an then they must stand as the great In as case this will of clear the that air the which economic tors cancel explosion Reduces 'All te Defaulters conference last summer '“ that the Since no one wants to borrow money Xbandons Claim for Credit ” whole president had perceived the implica- here now the Johnson bill will have course of the That brought SIMONDS decision made FRANK hia of Br original captive sodebt question to the very edge of tions of his policy more He no immediately serious effect By ther 'And it IS evident that Mr Roosevelt at the tiine of confer- lution Special Tribune Correspondent default There was no could have led the way toquickly by an amicable are ready to resume bust- - has now abandoned any idea he may time ence He had accepted for himself longer to the debt- adjustment of the debt question a ness nations have had of challenging the WASHINGTON any temptation May 19— Some the normally It will have been for- ever responsibility for collecting the ors who were paying tokens to con- year ego—on the claim of either in this respfect Recogex will U terms to ever our of and its the when repeal only timejhardly gotten day history debts But by the time he came to tinue that for that could not be available But be could not have cito continent ' nizing that" solution by cancellation written the names of two treat Call power half the debtor nations had free them practice from the atatus of default obtained large payment It became clear that was Inevitable he has permitted or— as a soon whSt Just can-fornkn— Hoover and defaulted outright and the restL led ers Theyt was no temptation what' seemed to be In mind at one tim solution of the problem was Senator Johnson’s measure for for1 measure Senator Johnson— will be forever by Greaf Britain were how prepared sover fortjjthe actual defaulters like material trade concessionsUTfie deSts thejonly disguised as furthericelJat‘fin debtor thfe of the detault any to make only token payments France to' make token lor world irecovery end joined ai the men who settled the payments for were for all practical purposes dead postponement of that solution was collection 1 trade restoration the great war debt question— after it had amounting in the aggregate to mill now the British the original "tokfen-ers- The problem was one of sanitation misfortune Fdf in view of the in the dollar Congress on the othfer had been reduced to the status and not of Yankee trading postponed recovery and plagued into the peace of the world duelination ° H1® war debt obstacle must of inestimable value ternational relations for a decade and hand was now committed to collect-tin- of the French They were all defaultBefore he howevfer understood the to debt the controversy even a bad prove a gain the not 1 mill in the "dollar but the ers ail obsta-i- l largest-o- t The last and a half after the close of the war now — and those who realities of the problem the moment together no than was better ending ending last mill had paid a little were no better off had certiflnly passed Probably by that time too people Whatever he Something had to be done to convince ties directly inherited Irom the war are not Taken Payments Follow will have forgotten that the effect of than those who had paid nothing s might have accomplished in Decem- the that they were get- is now abolished War debts dead but the death certificate is the acts alike pt the president and In this situation the president At this point “Mr Roosevelt washed ber J932 it is obvious that in May ting nowhere by keeping up this only The debtors the senator were quite the opposite could now- qniy temporize 'He wag his hands of the whoje matter He 1934 bis hands What bad farce And Senator Johnson achieved to be issued shortly of what both' intended but in any confronted with the British statement saw clearly at long 'last that the been a questionWs4jed of sanitation two this useful service by hi bill Even having been forced to default will f event that detail will be of little im- that they would pay only a token of debtors would never pay again in years earlier was now a case’for fiction can become as disastrous as now be freed from further disguise been compelled portance by that time sljght dimensions and that they would any such measure as would permit surgery Accordingly he washed his facts in time and the dangers of the The creditors having to cancel-in- ce bysthe Johnson bill Actually the Johnson law has com- only pay this if he certified public- liim to approach congress with the handruf-th- e whole' matter and de- token had become incalculable now barred pleted what the Hoover moratorium ity that such payment absolved them slightest chance of getting its ap- cided to let liquidation come oy Some time al I said at the begin- even token payments are irritation and pot by definite agreements ning the country Will be grateful to —can exhaust their natural began When In 1931 Mr Hoover in the judgment Jrom all charge of proval for his bargain He saw consuspended the debt payments for a being in default With the London gress was becoming restive over' the year he automatically put an end to conference impending the president token device He accepted the fact all further payments in conformity had no choice He gave the that default was now the only conrequired ceivable with the original debt settlements He 'assurance and f reme-e- r tsis also prepared the way for the later promised token Italy followed suit which could have dangerous domesLausanne conference which abolished but France Belgium and Poland tic political implications Those who are close to the presireparations altogether After that the among the more considerable nations sole issue remaining to be settled con again defaulted outright " dent report him as indignant with the debtor countries for not helping him cermng the great mass of debts and Last December the situation reparations — which Jjad clogged the debtors were out of his fix by providing him with world Recovery so long — was an unmoved congress was more uncom- a possible settlement that is with Skillful Worker Have agreement between the United States promising than fever Faced with the terms which congress might listen to end its debtors reducing the subse choice between actual and unanimous But this suggests that he never quite Built Quality quent payments of the latter to the default and token payment on the realized the fact that the Hoover Every Suite limit of tokens old terms the president again yielded moratorium and the Lausanne settleand the tokens were turned in slight- ment together put an end to all prosAlse German Creditor In a wobd in December 1932 the ly smaller in size All the old de- pect of further considerable debt pay and mepts In fact there are those who allied debtors who were also the faulters stood firm however there were recruits Now at last it say that Mr Roosevelt never quite creditors of Germany and who had must have been clear to Mr Roose- recovered from his indignation projust let the Germans off—by neces- velt that the debtors would never voked by the once notorious Balfour sity of course — with insistence upon in full or considerably again note insignificant further payments were pay was Forced Inte "DngoutT it less plain that congress now ready to close out their Amerl Nor But' In any event the present sitcan account by promising similarly was less willing to- compromise than Mr Roosevelt has uation is clear nominal payments to us Somewhere fever With the approach of the present fallen between two stools in the debt between $500000000 and $1000000-00with in a due date and June matter He has failed to persuade the was still to be had the smaller spring figur being probably the more ex sight it became increasingly clear debtojf nations to make any substan act In a word the debtors were still ready to acknowledge the legality of their debts and to discharge them by tokens because they disliked to be considered is defaulters But Mr Hoover was by this time without political influence and still confused 2PtA EAST about the- whole question He was DRIVE OUT I SUGAR HOUSE 1 A SHOP ilYlv fully aware that the debtors had no intention of going on He was acutely aware of the need to have some settlement to abolish the whole controversy In his confusion he turned to the newly elected president and sought his cooperation which alone cpirid bring about congressional assent lo a fresh moratorium or a new settlement Suites v Proposal Brashel Aside ' MAYTAG Washer Porcelain at $48 S But Mr 'Roosevelt brushed aside wan those tad a For of yon who hive always the proposals- - He was at this time On Termt Maytay bn felt you could plainly unfamiliar with the whole not afford eao Now in been absorbed fuU tiro (canine Maytag question having state and national politics He was throughout for only too under the influence of advisers -Jike Moley who remained confident be collected in that the debt could ' jEnjkshT‘bavenport Lounge Chaly kiid 'L’arge FooWtool Ottoman or Iftpludi "FHCfNE Mr Halns-worsubstantial part "He still seems to fcxtrii More thah twenty-fiv- e 1915 Chair' different suites to felect from ? The price Hyland Hooregard the debts as assets” Mr 1 for further details is "too low but South’ Fast never-carriever commented dryly after their anything over evpn if they have to give of this sensational S6 Drive Out & Save Monday and This Week it away! And later celebrated conference offering Maytag from Warm Springs all the inspired Arrange now for a free home demon comment showed the president In stration These valthe attitude of a debt collector and ues Just can’t last not favorable to cancellation or even so don’t pass this drastic reduction up! Thereafter Mr Roosevelt was the Your Old Or CARP FIGHT SOVIET MALARIA TASHKENT U S R R (—Experiments in breeding carp in the rice fields of middle Asia are bemg made with- - iht idea that the fish will destroy the larvae of malaria carrying -- Johnson Law Will Force U Slo Write Off Obligations Simonds Says Predicts Good well-nig- ? h a 'V - 1 ” d- “"rsal We Have Never Offered e g token-payer- -- PRICES f ! e Quality LIVING ROOM SUITES rema- ined-unchanged -- Such - Fine Whafs Left — Final Clearance pe : v So Low on de-fa- Into "v An Advance in Rug Prices Effective First After This Sale JUST NOTE THESE VALUES! Come 9 First Choice 0 lit 'l no more ' Jy Jfifqsh "" Sale! Blues bvy Other These mm Aiie Fine “3 AQS ol V tlBS Down SfBO WILTON till Seamless — Stxm-l- c 9xll AXMINSTER RUGS faced Cd and ntw mottled ef-(ecu Special ‘at ol a Month ORIENTAL REPRODUCTIONS In beautiful Mohawk and Smith seamless woven pat' 0350 Down GENUINE DOMESTIC ORIENTALS —The mg you have always wanted and a price and terms yon can 26 terns gilt rugsf quality for 0260 a VELVET BUGS— faced richly fringed and choice Cfe) A for idU patterns 9275 Down $2 a Month l Month 1460 ’ Quality Rug Cushion fads ! L ! $295 1 INLAID LINOLEUM patterns Including glueing down 4 Choice felting new QUALITY and FRINT LINOLEUM— Gold Seal Per running yard lalllV $2"" Per lineal yard ' Down' 09 a Month In FELT BASE — Linoleum Pattern Per Square Yard Ji 1 ’'5 Ur V ’ f ' Piece” Suites th s I 1 “Distinctive” Get Washer Fixed Mr Hunting-to- n at Hyland 191 S for genuine Maytag service and parts also for any other make of washer Prices most reasonable right now! Call WE SELL muivur SUPER-SAF- E REFRIGERATOR You must see them to fully appreciate tjiclr beauty and value Grunusztt Model “A”— the finest Maytag ever built The one that won world supremacy If you don’t believe there Is a difference see the Maytag In washers and you will be astounded Was 91S9JH) Now all-rou- $(1190 low priced — consider- ' ing their "THE MAGIC”— the best the market afwasher Quality fords Jn the average throughout Including balloon wringer rolls by Goodyear and motor by General controls gee it Motors Rafety finger-ti- p and youU be amazed at how we do it for Letusshow you why a GRUNOW is superior — $3675 THE'CROSLEY" ELECTRIC REFRIGERATOR A Wonderful Value ThaShelvador" Model "Quiet" COME IN AND JALK TERMS ser- -' and greater capacity and vice-tr- Rust-pro- Complete with A pair g Down GAS RANGES StTS Sets’ jmbrella Chairs Camp Cots and Chairs Picnic Boxes summer more and everything te biake youf ' enjoyable Get them her LAWN MOWERS - SOUTHEAST ’ la gugvfeouse A ahlpment of large make On easy Ing and adjusting l(-in- To help yon decide that TOUR NEXT RANGE WILL BK A MONARCH te you to attend our special demonstrations aU this week —low prices easy terms and llbsral trade-i- n allowance ea used rallies ' Ball-bfarl- "Ametfcan” tff'QJj termPUl'v GARDEN HOSE A An rubber lnch corrugated season's guarantee lengths -- ot (or y P d 05 Vj" le Conveniently fold ( kind to sell for I A GOOD DINING SUITE NEED NOT BE EXPENSIVE because we offejL fine Walnut Buffet Extension Table and Upholstered Chair Suite for just $5 DOWN— $t A-- WEEK our factories to Suite of the better Walnut ” pro-duc- — DOWN— C O NnfQ PAY THE Drop-lea- f hand-decorate- d included 89 St side arm rests Weatherproof covers in many bright color effects upW A ' DOWN- -f 1 A MONTH s4 ‘r t J ‘ Table and 4 Hardwood Windsor Chairs Beautifully any colors Also a complete set of Breakfast Dishes ” The Set is also priced $U9 less without tha dishes TIIE BEST in style and quality Dining Boom Suites that are marvelous and worth double this price of e Jnly A MONTH $5 Diglies 5QQ50 5060 bowN-iT- 60 month- - 121 “Better” Visit our Nursery Department for $ very large selection of Juvenile Furniture at lowest prices “Lloyd’’ Baby SUITES Carriages A Special! ' ' ' r r ’ Woven fibre body wire wheels safety brakes’ A ? 4 50 genuine Lloyd You may see cheap Bedroom Suites advertised but here are some large fine suites at the priee of inferior makes May we show you the ig difference for only ' 5250 ’ Down 22 f IQ a Month HIGH CHAIRS If Quality Counts! See these LARGE FINE WALNUT BEDROOM SUITESrlIoIlf4 -- wood Vanity with Venetian Mirror Bed & Upholstered A Benfh-A- LL COMPLETE for ofb&A “ $g DOWN— 1 A WEEK Chest-fall-pane- C A w ’ led A NEW SENSATION in JUST ARRIVED! a Moderne Bedroom Suite Fancy Woods beautiful mirror roomy dustproof jlrawers The latest in BEDROQM SUITES 4 Pieces for only 55 DOWN— $5 A MONTH “Remember the Name and Place - Paneled hack a shown —beautifully decorated All hardany colors construction wood with safety straps 450 Down 60o 0 Mo $995 BABYCBIB-- -! With Mattress PORCH AND LAWN CHAIRS Very Beerh Chairs and Dsek Chairs and attraetixa rbslrs for Iht d nr lawn perch Dow ' gf A an - f Special With MASSIVE WALNUT DINING SUITE Here is a value! Large size fine construction rich finish Eight beautiful Tf Pieces for only St DOWN— $5 $ MONTH MARKET SPECIAL DINING SUITE— A Spe-$i- al effort — - ’V BEDROOM n Month Full Cush size ad toned seat Inpadded backs Summer Specials Porch Wicker Furniture the Q 13” ON SALE At a Month 95 Torch Swing ELECTRIC COAL AND f- ’ Glider snsrosre -- “i $f T Never such a fine showing of Suites before The Pick" of the Markets is here Early American English Moderne and all the periods in Walnut Oak Mahogany Aspen and other rare woods $750 galvanized with hose of drains stands Breakfast Set SUITES only Twin Laundry Tubs A A CA convenience if Everything for The popularity or these refrlgeratpr lines should govern you in your choice 0 ' SPECIAL! ELECTRIC WASHER quality? REB Aluminum Washer MAYTAG DINING ROOM A special large else Storkline Crib with heevy mattress Similar as shown - Complete t ' $5e Down $t Month |
