The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1920-11-20

that there Is a Lloyd george In
England. For as w. r. Hearst
truly remarks, this country's Gov
ernment trails along humbly be-
hind England in world matters.
Having now permission, and the
example from England, we shall
perhaps also realize that the war
Is over, and get back to interna-
tional business.
Harding on his trip to Panama
will publish a small newspaper and
set the type. That is for amuse-
ment. When he comes back from
Panama he will make the canal
that Americans built free to
American ships. That is for busi-
ness.
To tax the American people
three hundred and fifty millions of
dollars to build a canal on United
States soil and then say that
United States ships have not the
right to free use of the canal is
like saying that a farmer ought
TO charge his own children for
milk because he charges outsiders.
Stocks 20 tumbling. This hurts
the gamblers, but it is educational.
The best way to discourage gam
bling is to make it expensive. ,.,,.4
It also unfortunately hurts the
farmers, for in our system, which
makes of wheat, corn, oats, and
hogs chips in a gambling game,
farmers must suffer with the
gamblers. Corn at &c, oats at
45c, wheat at $1.73, are not cheer
full figures for the farmer nor for
the country. Farmers won't farm
if farming doesn't pay.
Cotton growers suffered loss
in yesterdays slump, of course;
why couldn't the United States. as
Government, help to market cot
ton on a big scale. as the intelli-
gent Guggenheims, producers OF
copper, have SO worked to market
copper and help their stockhold-
erS.
Germany needs copper, but un-
less she gets credit, cannot buy II,
with her money worth cents on
the dollar.
The Guggenheims, instead OF
sitting down and watching copper
drop and pile up on the docks or
at the smelters, bought into" the
great General Electric Company of
Germany at great bargain in
marks; then, able to keep track
of everything, they arranged to
send along copper on long credits.
This was not done to help Ger
many get copper. but to help the
Guggenheims and their stockhold-
ers sell copper.
II this Government would do for
the cotton men what the Gugsen-
leims did for their coppar stock
lolders, Germany, Russia, and
other countries in central and
Eastern Europe would absorb gi-
gantic quantities of our good cot
ton and use every bale of low
grade cotton unstable in this
country. and solve the problem of
the cotton planter.
Our customers in Europe are
bankrupt, but extensions of credit,
sympathetic assistance, would
bring them back and keep pros
perity here at the same time.
The trouble is that our Gov
ernment seems to be like one of
those caterpillars that the French
naturalist tells about. The mud
wasp gets the caterpillar, stings
it scientifically, not to kill it, but
paralyzes it so that it lives until
the little mud wasps hatch out.
Then they eat the still living body
of the caterpillar, which never
moves after the first sting.
The sting Of war and profiteer-
ing seems to have paralyzed this
Government so that, like the cater
pillar, It can do nothing, but lies
helpless, waiting for the next little
crop of profteers to hatch out snd
begin eating.
II you think you are soon TO
escape very high taxes, think
again. Profteers that took your
Liberty bond money in war did
not get all they wanted. The
Shipping Board testimony shows
that the country still has to pay
two thousand million dollars for
Shipping Board expenditures, and
has only fifty million on hand to
meet the bill. That leaves nine
teen hundred and fifty millions
for the taxpayers TO attend to as
a little Shipping Board p. S.