Show n IE RD thc the CAPITAL API TAIL f Carter Corter Field There Is ts no rating the disappointment over i tent dent Roosevelt's Roosevelt rip to Buenos Duenos about the conference It It- l L and so tar far ar as the real objectives j concerned concerned 1 Is Is s docs does not mean that any real was done by the conference Sc contrary all such Pan Pan-Amer- le IC gatherings and end this one In InI I I have decidedly beneficial tutor ular is Is The rows that come to light make the newspaper headlines originate save In rare mes in m- m rl of t conferences They es cs at the j there before and were poten poten- sources for or real trouble FanI Fan Fan- few agitators I them up by a to tor toI cause embarrassment ng fig to r that country actually contrib contrib- I of and peace the cause t to edly tends lends toward better un- un anding Is is all ail o of a piece with the British I about Hyde park where agi- agi agis rs 3 s can argue for almost any any- r they please It serves to blow team In the case of this and andr r r Pan American conferences K It Ks 1 consideration of Issues lS s s open h were tending lending to become fes- fes 19 g sores It forces presentation of particular e e other side any It brings about a dlf dlf- it t public reaction reaction putting putting the r er more or less In the position judge where judge where there might have danger that he would become fanatic fact it is a good thing for Involved even the thed Id d be revolutionary revolutionary revolutionary-If if his cause sufficient merit meritt et t the underlying hopes for this cular conference had much der er scope The recent confer confer- was not Inspired oy by any mere meree e to preserve peace In Amer- Amer ere was not much danger of ot nation in the Western hemle hemie hemi- hemi re e being dragged into the Eun Eu- Eu n n mess anyhow The hopes two both aimed at Europe uld Id Set Example e was by example It was ight that V t the peoples of Eu Eu- observed this conference how conference how he aims and aspirations of rival ons ns could be settled around anil a acil nil icil board board and and how the twenty twenty- nations over here bound them them- themes es not to get in any war war there there Id ld be an irresistible Impulse in ope ape to go and do likewise It thought this would prove a aI I erful deterrent to war across sea w it is true that some enthus s will trace the offer to return e of the German colonies to example but the plain fact tact facts is s to be be if one may pay any tion to the news from Europe the Pan Pan American American conference Aires was simply dis dig in all aU the European rapt capi- It was overshadowed in news rest est by the Edward Simp Simp- affair alTair but It did not even play nd role to that with all aU sorts European gestures occupying t attention could be diverted this problem of ot D B British r i 1 t t Is s b ity re e other objective of the Buenos Duenos s conference was to get the ons ns of America to agree upon policy with a dim dime e that they might even agree to trading with with any nation ion that fit lit it to war diplomats of all the countries i tri in- fed cd ved have been tel ng their ends privately since the became clear that this was hopeless Furthermore t it would not amount to anyS any any- rg Ig S if obtained as the first nation see a chance to make a dollar doUar violating it would do so he fact tact remains that this was hope and that it like the hope the good example has bas been hed ned me Not Happy Nappy o comparatively small groups New Dealers are not so happy their weir colleagues over develop develop- w It is no po secret in Inside circles that two ol ot this t are no other than Justice uis D D. D Brandeis and Professor Protessor fix nth oth agree In wanting to help under Mer dog and in being against not nesS not s-not only ony In corporations in certain other things even labor unions Then there concern on the part of some of worried group over the confrere con con- flee cr frere ere are two d distinct distinct viewpoints re e one concerning it elf elt about at might be called unorganized or and the other about the con con- mer s far afas as the consumer is conned eon con ned med the difficulty Is very clear i these uiese wage boosts and hour creases creales f ses in Industry mean that the r will be paying more mor for rv he buys None of it it rib firth mentioning is coming out of e pockets of the economic royal royal- royal royal-Lo I. I In roost Cases prices will be ad aced rl lu In i Some ome others other Prices will t the be n. n advanced d because of cheap cheap- I g Production but the wage q II sad ind hour decreases have the 1 same effect on the buyer for tot they prevent what hat would otherwise have been seen price reductions Now the view of a minority In Inthe inthe inthe the New Deal Is that It would be much nuch better for all aU the people it If Instead of wages advances the corporations granting them should make nake price reductions Naturally If if the price of a great many things is ts reduced that Is an Increase In real wages The same amount of dollars would buy more Price Reductions So far tar some of this minority have pointed out to the writer it would seem as though It did not make much difference which method were applied But Dut it does It makes every difference In the world as far for as passing prosperity around Is con con- Price reductions they point out cheapen the cost of living for every every ev ev- ery cry one They benefit the unorganized zed laborers as much as the organized organized or or almost as much They tend to equalize conditions and to bring everybody up tor torether ether Furthermore Furth Furth- they tend to boost exports and Increase International trade esteemed by stiL another part of this dissatisfied group as tending toward the prevention of war as well as for general prosperity prospect i ty ty- Obviously under the trend of wage advances and hour curtail curtailments ments now going forward so rapidly rapid rapid- ly what really amounts to a small fraction of American labor benefits out of all proportion to the rest In fact act th the living condition of the remainder is slightly reduced thereby there by due to the higher prices Its members have to pay for everything every thing they buy A glance over any list of pay roll payroll roll boosts as In the newspapers members of this minority complain ln to the writer shows that people being most benefited are those which need it least of all the groups of workers There is no such feeling on the part of this minority with respect to hour cuts though they admit that the general effect here Is the same But Dut they contend reductions in 10 working hours have a tremendously tremendously tremendously beneficial effect in the long pull that boosts in 10 wages do not have They Ther tend to reduce the number number number num num- ber of hours all employees work and this improvement tends toward permanence In fact there is seldom seldom seldom sel sel- dom a backward step on this road Also they provide more employment employment employ employ- ment in 10 the industries affected Whereas wages are important only in 10 buying power not in to the number number num num- ber of dollars involved Army Officers Worry High army officers are tremendously tremendously concerned over the prospect that congress may provide that all munitions shall be manufactured from now on by the government They fear two phases of legislation one one that would prohibit the export export ex ex- port of arms and any anytime anytime time and the other that the government government govern govern- ment make all its own The immediate result they point out when they dare speak above a 8 whisper would simply be to closedown close closedown closedown down munitions works now operating ln ing tn in tn this country since the private private- owned ly-owned plants would then have no possible markets The army tried last summer to tomake tomake tomake make its case for case for there is very little disagreement among high ranking officers of either service But both the army and navy realize realize realize re re- alize that the public ib Is not much interested in their recommendations They realize also as demonstrated demon demon- by a wide nation poll last spring g. g that the country is very heavily in tn favor of the governments government's governments government's governments government's govern govern- ments ment's making all aU its own muni muni- The explanation is very simple sim sim- the pie the public has been educated for tor years now to believe that many wars are encouraged by mu mu- makers for business Hence to take the profit out of war war in In the publics public's mind mind might might b the most satisfactory and effective effective tive Uve method ever devised of ot preventing preventing preventing pre pre- venting wars Army and navy officers are the first to admit that makers like to sell munitions and that they like to make a profit on them But they are much more concerned about some of the possibilities on the other side of the picture pos picture pos possibilities which the public does not consider at all an practically but which may mean a great deal to the national defense of this country should it be forced into a war As A. They See It The officers would change the preceding preceding pre pre- ceding sentence to rea read when this country is forced Into a war for they have no doubt whatever that sooner or later this country regardless regardless regardless re re- of any pacifist legis legisa- legisa a- a tion which may be passed meantime meantime mean mean- time will engage in another war To them it is just a question of time In fact most officers In the servIces services services ices think that proposed steps taken with a view to maintaining peace are more calculated to get the United United Unit Unit- ed States Into a war war war-at at some time timet in the future than to keep us out Here lIere Is their theory In a nutshell If there are 10 o private munitions makers In the United Stat State the demand for arms from other parts in the world will result In huge munitions plants being set up somewhere somewhere somewhere some some- where else quite likely likely especially especially in tn the navy view view view-in in Japan From that day on the country in which the munitions plants are located will be better equipped for war than before in that U it will have these plants which can instantly be commandeered com- com if lf that country should hould become Involved in to a war war Sell Bell b |