The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-06
Liners to South Africa.

Brazilians who are attending the Pan
American financial conference being
held in Washington are agitating for
an ocean steamship line to be estab-
llshed between their country and New
York city. Regardless of the merits OF
the plan by which they desire to con-
summate such, the fact remains that
a regular liner service would aid in
promoting better relations between the
two Americas.
Z Banks and private business houses
within the past year have succeeded in
establishing financial relations with the
South American countries, but there
has been little shipping facilities for
some time. This Is especially true in
regard to accommodation for pasSen-
gers.
We need an exchange Of visitors with
those south Of Panama as well as an
exchange of commerce. The average
American knows little or nothing of
this southern continent, and the estab-
lishment OF a liner service would be an
incentive for the American tourist as
well as the American business man to
invade" the southlands. -Nashyile
Tennessean (Dem.)
Keep Your Bonds.
Holders of Liberty bonds should not
be disturbed because they have again
fallen i'll price on the New York ex.
change, following advances in discount
rates. Unless compelled to sell, people
should hold fast to them.
Several reasons may be given for the
declines. First, of course, is the desire
of subscribers who have not made full
payments to unload rather than pay
banks 51a per cent for the money they
still owe on their subscriptions. But
there also is a considerable number OF
large spectators in securities and COM
hn hnty 1IutYN
ment war bonds as collateral against
loans. With the federal reserve board
using every means to curb speculative
operations, and the stock market and
commodities reflecting this movement
by becoming more settled, the incentive
for extensive borrowing for such pur-
poses naturally disappears. This is just
what the government authorities desire.
And while it may result in heavy un-
loading of Liberty bonds by this class OF
holders, with consequent declines, such
operations will soon be at an end. When
they are one may reasonably expect
prices to take an upward course.--Cleve-
land Plain Dealer Qnd. DEM.
American Army Deserters.
Deserters from the United States
army in France still make Paris a rem
devious and carry on their nefarious
thievery and criminal life to the dis
ment of their own country There are
| said to be no less than 1000 men of the
A. e. f. who quit their posts of duty
and since that time led a freebooter's
existence.
The patience of Paris is about ex-
hausted. Endeavoring to live through
dishonest means these deserters have
taken to all manner OF stealing to earn
livelihood. Though court-martial has
been handed out to many who have been
arrested, by far the greater majority has
| escaped punishment.
1t is difficult to understand what mo-
tive a young man would have in yield
| ing to mad impulse to give up his
military duties and lead the life of
brigand in a foreign land. We wonder
sometimes what kind of soldiers these
same young men made when they wore
| the khaki and fought with the other
loyal troops from the U. S. A: Very lit
tie sympathy will go out to them in
their recklessness. They have broken
! military law and should be punished.
Springfield (O) Daily News (Dem).