The Sisseton weekly standard. (Sisseton, Roberts County, S.D.) 1892-1929, 1921-07-08

ment additional powers "for the adj
justment and extension Of the time OF
payment of the principal and interest
of our European obligations" Pen
rose has introduced such bill.
Improvement of Europe is not
worth buying at the price Of American
impoverishment," said George NJ. Rey
holds, Chicago banker, who several
years ago boosted that he was one of
the IL men constituting the money
trust.
: BY adjustment and extension"
eastern financiers really mean selling
bonds Of debtor nations to our citizens
and with the proceeds Of these paying
off the debt Of these nations to our
government. And in all probability
j. P. Morgan & Co. would be relieved
of hundreds of millions of poor Euro
pean paper at the expense of Ameri-
can purchasers of the proposed bonds.
Western bankers are not 80 we'll
loaded up with foreign securities and
so they are not inclined to dance to
the Morgan tune.
Reynolds also said: "There is sound
logic in the proposal to cancel Eu-
ropes debts to the United States gov
eminent. 1t may be automatically
unwise, but it would be economically
sound and certainly not altruistic."
RAIL MAGNATE SMOKED OUT
How much basis there is to the
common propaganda against railroad
workers and other workers at the
present time is admirably illustrated
by the following answers given by
railroad president, responsible for much
of this propaganda, in the hearing be-
fore the interstate commerce commits
sion:
Railroad president: "N we had had
control Of our own property, we would
not have raised wages during the war
as much 40 the government did"
The attorney: "Were wages raised
more than those in other industries ?"
"Yes."
"Were they raised more than in the
Steel corporation?"
II do not know"
"Can you name a large business in
which they were raised less :"
II can not"
"Can you, from your own observa-
ton in the neighborhood where you
live, say that any class of labor-the
bricklayers, for example--were raised
less :"
II can not say"
will you be good enough to ex-
plain, if you know nothing whatever
about the subject, how you dare come
here and charge that the American
government raises were unreasona-
ble?"
THAT is my impression"
The. former government director Of
railroads, Mr.. Hines, has pointed out
previously that the railroad men, who
sacrificed loyalty to aid the war, were
badly treated in the matter Of wages.
The men, SO far as getting credit for
sacrifice is concerned, might better
have been disloyal and, like big bust
ness, gotten theirs while the war was
on.
A NEW SEDITION BILL
Senator Sterling Of South Dakota,
who can always be counted on to carry
water for the steel trust or any other
trust, has come forward with q peace
time sedition bill.
The last session Of congress defeat
ed similar gag bill and the present
bill 10 even worse than the one de-
feated. It. is one Of those vaguely
worded bills which leave to prosecut-
ing attorneys, judges and juries the
definition Of what constitutes tia
crime.
No reasonable person could deter
mine in advance whether what he
wanted to say would violate the law
and no publisher could know whether
his paper would be seditious until the
courts and attorneys had passed on
his case.
! But that il the purpose Of such bills
4 Interests back Of them want to scare
progressive persons and progressive
:. papers away from talking progress
and criticixing big business. It il
|clearly understood that the laws o.
this kind are to be applied only agains,
certain classes - organized farmers
\ Organized workers and free lance pro
gressives or radicals.
A number Of our states, for in
stance, have sedition and sabotage
. flaws which, II impartially enforced
.Ewould put two thirds Of our prominen
, business men in jail. Sabotage agains
I Etho public and against competitors j,
one Of the most common bushes,
!, methods-the coal operators conspir
1 10y, Tor instance, OF the firm whiel
eiputs paper In supposedly leather shoes
Sjos the firm which puts spies n IN
. othse plant . wreck Il.
HOUSE TURNS DOWN BEER
o. June "a The house voted, go {
{ Ies, foe the willis Campbell bin to pr
dIvent the sale Of beer to the sick, an
/ Ithe senate il expected to give it, o.
etproval also. The favorable vote va
q 81 moro than the two-thirds needes
ol Four hours Of stormy debate anon
leongrsssnasn trying 70 get themsslve
a a record proceded tie debato.