Saturday news. (Watertown, S.D.) 19??-19??, 1917-05-31

and Subdue America. -
This war will be ended when the end is reached. All estimates
concerning it's duration are mere gusses-and when it comes to
guessing one fellows guess might be as good as another's.
FANCY oUrRUNs FACT.
Our good friend of that very excellent Vermilon Republican,
stating that Congressman johnson proposed to impose a tax of five
per cent. on newspaper advertising, hands our South Dakota repre-
sentative this package;
SsWe would hate to lay the motive of revenge at the
door of the congressman from the Second district, for if he
knows anything at all he must have knowledge of the fact
that there are a whole lot Of papers in the United States
outside of the Second, district that have had no part in
handing johnson his meetings from the editorial page
We reproduce the comment merely for the purpose Of calling
attention anew to the uneven race between Fancy and Fact. Fact,
it is true, sometimes overtakes Fancy. but it's usually a very long
time ADDING it.
A Congressman johnson, it's a fact, favored that sort of a tax
and advocated it at Washington, but it was a johnson from another
state, not the South Dakota brand of johnson, who, if we are to
believe at least a portion of the press, had sins enough of another
We are not especially interested in the political fortunes of our
South Dakota Johnsons, but, inasmuch as The Saturday News stood
alone among the newspapers in the attitude that a congressman
ought to be allowed to make his own record, in accordance with his
individual judgment, to go athundering down the ages where he
who searches the government archives may read it a thousand
J years hence, we are disposed to keep the record straight on the par
ticular johnson who represents the Second district.
The trouble is going to be, SO far as the newspapers are involved,
that a lot of them which gave publicity to the report that it was
our congressman who favored the imposition of such a tax are liable
to forget to give the fact that it was not he the same measure of
publicity.
President Wilson refused 70 issue passports to the three Amer
lean Socialists who wished to attend the Stockholm conference. We
don't know but that the president was right. This conference is
presumed to have been instigated by Germany, or, at least, by
German socialists. We know that we cannot afford to talk peace
with German representatives unless they are willing to take it our
way. As we have said before, this war will have been in vain unless
lasting peace grows out Of it. Lasting peace cannot be assured so
long as autocracy rules Germany.
An American whose home is less than three hundred miles from
Watertown is said to have been in Germany when all Germans were
discussing the probability Of war, and, furthermore, this American
lis quoted as having said that the German kaiser was strongly opposed
10 the war. William is declared to have been so outspokenly
against it as to have ayerred that should war be precipitated the
crown prince would never occupy the German throne. Its to be
hoped that, if the American in question is accurately quoted, the
kaiser will prove to be a prophet.
The Federal Trade Commission has done one thing, at least
it has brought down the price Of print paper for some Of the pub
fishers. For some months the price has averaged about six cents
pound, for the small publisher. The best quotations we have beer
able to get in ton lots is SIS 75-bnt the other day we picked up
ION or so from one Of the mills with which the Federal Trade Commits
sion had rershed an understanding, and we got it for $415 PEI
hundred.
What's the sense Il buying i government bond which draw
interest at three and q half per cent. i ! have 20 borrow ~
Some of the greatest fnanciers Of the world say that d man accu
Inulates III saving. If a boy doesn't save a cent out of his wages
but would save i little should he contract 70 pay for 3 government
millionaire class.
Emoneya Depends upon how much profit he's going tosget out Of tn
transaction, he can afford to pay twelve per cent if he gets thirteea
or fourteen or fifteen out Of the use Of the money borrowed Anothe
thing: he can afford to pay ~ Per cent for q three andSa half pe
cent ,investment providing that the only way he'd save his money
Hence, borrowing ana paying interest dspenaaa
Lloyd George, i'll i ~speechsthe other day, said that the Der
against the submarine il becoming effective Tis war viii not y
lot pa accounts f Athe submarine, ths Braisha pfssnisr declared @Th
hshnsn' NJ tslline tSs nas h ssvsnhslsss Thsrs q nov a. inies
ton thats Gernsay submsxins xaz1xs MIN Triumph over EngliI
and American skiIl @s s@sssSsss
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