Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-10-16
EVENTS OF A WEEK.

EVENTS OF "A WEIEh.
AS the presidential election APP
proaches tho campaign increased in
warmth, and both candidates have.
been under heavy duty during the
past week. Senator Harding started
on a tour of Tennessee, Kentucky
and adjacent states Immediately after
his return from the west, and Cover
nor Cox, completing his second west
ern trip. is now devoting his attention
to his home state.
Senator Harding'S Des Moines
speech on the League of Nations has
attracted a great deal of attention.
and the Interpretation placed upon it.
that he was opposed 10 n League OF.
Nations such as might reasonably be
expected to be reached through a
modification OF the terms Of the
present compact. has a~ntagonized
some Republican friends Of the league,
and has resulted in some defections
At the same time the situation has
brsugit forth a statement by 81 emil
nent Republicans who have been
known for their friendship for the
election of Senator Harding the only
hope for the entrance of the United
States into a great International peace
ASSOCIATION. n citing Harding's
emphatically expressed approval o
the principle of such a compact.
While political activities have alb
sorbed a large share of public atten-
ton, the business situation in the
country has been, given it's due pro
portion Of thought. 1t was obvious
that a REIMBURSEMENT Of prices from
war levels to anything which might
be considered Is approaching normal
could not be achieved without some
complications and some disturbance.
The sharp decline in prices has been
attended by it's inevitable result, and
q great many business men are doing
. lot of figuring on ways to prevent
the shrinkage in power values from
involving them in serious embarrass-
ment.
One element of the situation which
e heavily on the northwest is
the reduction in grain prices, especial
~ prices of wheat. The soap-box
orator invariably declares that this
price reduction is the deliberate work
OF grain gamblers. There are others
to h that explanation is not fully
satisfactory, as they do not believe
that it covers the ground. Other ele-
ments mentioned by them are car
shortage, tightening Of credit due to
general ~deflation, diminishing demand
for grain. for export, and the rate OF
exchange between this country and
Canada, which stimulates the mar
keting of Canadian grain on this side
The wheat situation has brought
forth suggestions from all sorts OF
quarters. An embargo on Canadian
grain has been urged, as has legisla-
ton prohibiting trading in futures
Appeals have been made to the
banks for special consideration of the
agricultural interests in /determinine
matters of credit, inc the reply has
come from the banks that they are
already putting forth every effort tc
nance the legitimate marketing OF
food products of all kinds. One OF
the extreme measures urged at some
gatherings representing the agricul-
tural interests is thai Of a concerted
movement to limit the acreage plant.
ed to wheat by means of a pro rata
reduction all over the country
Another opinion is that the situation
Viii bring its own remedy by Undue.
ing voluntary changes in farming
methods in which the small grain.
VIII occupy a much less importan,
position than at present.
.
fThose who have been impressed by
the achievements Of our armed forces
I'LL Haitis IN bringing order out OF con
fusion haye been shocked at the reveI-
Aft6ns juit made Of the drastic meth.
- emplOyed by American marines
III dealipg With Haitiens charged with
dlsaens OHensea. The correspondence
e1li1aaed seems To establish that
43eh ase been numerous executions
lneh personA conducted without
triel and altcgsther IN ! high
3xseGtaJaf maAnef. It q expectsd