Show dads column i t 1 4 i il good morning brother sunshine good morning sister song I 1 beg y your ur humble pardon if youve waited very long I 1 thought I 1 heard you rap rapping P ing to shut shu t you out were sin my illy heart I 1 is a standing open wont you walk right in good morning brother gladness good morning sister smile they told me you wale coming so I 1 waited on a while im lonesome here without you A weary while its been my heart Is standing open wo wont nt you walk right in good morning brother kindness good morning sister cheer I 1 heard you were out calling so I 1 waited lor for you here some we way y I 1 keep forgetting I 1 have to toll toil and spin when you are my com companions pardons wont won t you walk right ht in J W FOLEY BBS fi E THE RECORD commends the voters on the result of last tuesdays local election the successful nominees are au all sound citizens thoroughly competent to perform the duties of the various offices to which they were elected all are interested in the betterment and growth of the city whose affairs will be in their hands bands and it Is sate safe to predict a wise economic and capable administration will result the ensuing two tuo years politics should now be forgotten in an united and earnest operation cooperation co with the incoming administration lor for a bigger and better park paris city a a s GOLD SILVER AND i ION IONEY EY daar D dad a d money and a nd gold are no longer the same thing money Is what we use but gold Is what we sell to the U S treasury or to industry treasury gold Is being rapidly increased the magnet of profit Is drawing gold from many places it comes from old gold now new gold hidden gold gold plating gold teeth gold medals gold jewelry specimen gold gold coins coln and other sources most of it purports I 1 to come from placer and lode mines butt the sudden influx of gold presented at the mints Is startling all gold Is alike barl after the fire test of refinement one bar Is as good as another and just as virgin it Is not easy to prove the rumor that gold hucksters are paying a premium on V U S gold coin and throwing it into the melting pot A very large amount of gold coin Is known to be unaccounted tor for 1 the gold boarders hoar ders are hard to find and especially ally the small ones 1 however the more important matter what Is the ultimate purpose of president 1 roosevelt with regard to gold he put an embargo on gold he gathered gold into the keeping of the government as tar far as possible he be came into the open bidding tor for V U S new gold and now he Is in the world market for gold Is this last move tor for effect incidentally his bis gold policy Is adding to our gold assets I 1 i iz ii Is claimed that prosperity follows a large increase in the gold supply will an increase of one halt half or double the price of gold have the effort of doubling the monetary gold of the nation will this equal a new flood of gold to bring prosperity or will this gold policy shake down the gold standard foundation show up the paucity of gold break up the gold boarders hoar ders take away the golden calf of the gold bug worshipper wor shipper and with that idol gone smash the gold monopoly this roosevelt thor with his mighty hammer may destroy the thing that has baffled the nation may tear asunder its bonds and set it iree free or on the other hand will this gold policy build up a new gold standard by multiplying what gold we have and can get until there will be sufficient new gold units to supply cupply fl a money base watered gold so to speak who would be the immediate gainer the government or the banks the treasury and the federal reserve system have hava over tour four billion dollars in gold now worth by gold quotation over rix billi billian cn or it doubled from standard worth over eight billion dollars what about dollars will congress by enactment make a new unit to contain seventeen or twelve grains ot of gold instead of 23 22 to the dollar or will the dollar dance up and down to the tune of 0 commodity index numbers inflation Is believed by many to tie be in sight in some form recognizing that the nation lacks money with which to Z carry rry on its normal business that because of the of money the little we have Is hoarded held in tear fear and can not perform the function of money because it can not be distributed to those who would use it eight hundred million has lust just teen been pumped into the banks again by the government and there it seems to stay tor for its holders think to loan Is to risk also industry tears fears to borrow to create with a poor market or a surplus product speaking of 0 index ri prices price are arc to be raised to some indefinite finite but satisfactory price level and there maintained it if this can bo be done the law of 0 demand and supply it will be a new world wonder again if this level of prices can bo be yoked joked up with a newly created dollar that will equal its average another miracle the president took the first embi embargo argo step in order to protect I 1 this ills nation natio I 1 against the difference in fo reign foreign exchange it may be his policy now to bring the nations of europe to some me international ter national currency agreement he has declared a policy of moving toward a managed atna ed currency which leaves everybody guessing but it should be based on oil virie world agreement at least as ta to exchange this must be on a metal beat base anything else Is founded on credit it should be gold and silver odd gold and sliver allver taken together coald child barely supply the worlds growing of money but it would have the advantage of possible growth according to etc inand and is the ideal money which is lea likely to suffer from ald inflation lor for inflation in principle is credit run riot ri imagine germany inflating silver three billion marks to the dollar germany could not have failed on the silver basis no matter what kind of money may be used it will tend to gravitate into the hands of a few men there must be some law of limit to accumulation some ion form of tax that will tend to distribute it tor for the general good but more for the purpose of distribution th the supreme problem of the age Is money oney a kind of money an amount of money that will serve the full pur prose of this greatest invention of mankind A form of concrete representative value that can be traded stored against rea need and that shall fairly measure values I 1 have no wish to add to the complexity of the situation but it may help to look the facts in the face senator wheeler adv advocates 0 cates 16 to I 1 which means silver at to gold at 20 2067 67 per troy ounce at the present with silver at forty cents per ounce and gold at nearly 00 per ounce the ratio Is about 82 silver to 1 of gold and with gold at the limit of the presidents power the ratio would be silver at forty cents and gold at per ounce at about to 1 I or compare silver at the old ratio of to 20 67 with the present advance in gold and silver would be at per ounce or at the roosevelt limit of gold at sliver silver at the 16 to I 1 ratio would be about 2 58 per ounce when the gold price can be pegged the ratio can be talked I 1 believe that we are generally disposed to trust the pilot he has every incentive in the world to succeed he does docs not shy at constructive criticism lie he should have about all the information wh when e n all the suggestions get in and I 1 believe that he has the c courage rage to 0 ta try and to correct a mistake the wc west t fe fears that like so many eastern men he Is immersed in one idea of sound bound currency that ot of the gold standard sincerely CHARLES E STREET november 7 1933 salt lake city W fl WA in CANADA IS told officially it has no u unwritten law says christian science monitor judge joseph wearing makes the hulln ruling g when sentencing a roan man in a london ont court lor for using a knife upon an offender against his wife in the united states says saya the magistrate judges and juries recognize an unwritten wr aten law and hold that fathers and husbands may on occasion take the law into t their air own hands but never in british countries the unwritten law Is 13 shown in its very name it if it were on the american statute books it 11 would be disqualified in a day afi afi afi SENATOR ELBERT D TH THOMAS OMAS i only congressional member who was utah to make a fight tor for repeal ot of bochl both national and state prohibition laws lettl belt thesda tuesday y morning for washington to get in working wort ing harness tor for the opening ot of congress the first of 0 the year in tion to his intelligent fight lit tor or repeal repeal senator thomas since congress adjourn ed has bus oregon colorado and other western I 1 states for or the proper recognition of silver and distinguished junior senator will be repeatedly heard from in taken terms for silver and other important interests int crests of his home borne state during the coming session of congress the voters of utah made no mistake in electing mr thomas to represent utah in the united states senate s a a I SOME WEEKS after president roose belts refusal to take sides in the current now new york mayoralty contest an FX cx mansion letter written in 1863 was brought to light in which abraham lincoln wrote 1 I have to say eay th that a t it Is beyond by province to interfere ant with new york city politics whenever an i 1 official decision Is 13 founded on good judgment it la is usually possible to dig up a for it i afi R 9 a a A BREAKING A womans comans heart 1 Is painful inthe man mail Is rich A harv magnate li Is being sued tor for a million and a halt half because no changed his mind |