The Washington times., 1921-06-29

Money Grows Rapidly.
The Comet Has Conc.
Senator Ksnyon's idea.
Vice Pays. Sometimes.
ARTHUR BRISBANE
copyrisnt. issi.

The Bible savagely denounces
usury. In ancient days the church
sx-communicated any man that
took interest on loans, no matter
what the interest. That is gone
by, and living without work on
your interest has become respect
able, in spite of St. Paul's state
ment that a man who does not
work shall not eat
Even In the East interest has
gone up to seven and eight per
cent Do you realize what this
means to those that get rich by
lying back and letting money pile
up? Harris. Forbes & Co., of New
York, in q well-written advertise
ment, tell you "at fe.- per cent,
compounded semi-annually, 1000
will amount to $4,000 in seventeen
and one-haK years. At seven per
cent $1,000 will amount to $4,000
in about twenty years"
There win soon be a new crop Of
automatically created millionaires.
The Pons- Winnecke comet now
visiting within our solar system
came close to US, only ten million
miles away. Then, obeying the
law of gravitation and never hav-
ing heard Of Einstein. 1t turned
around In another direction. If
this had happened few hundred
years ago the people would have
been on their knees praying to be
delivered from the comet"
Preachers would be moralizinR and
warning the sinful. Now we treat
. comet as villagers greet an
express train passing through.
We know more.
Senator Kenyon has invented a
Constitutional amendment worth
while. 1t would allow the Presi-
dent to veto individual items in
appropriation bills. AS the law
stands now he is compelled to kill
the entire bill or let little pork
barrel appropriations and steal
ings slip through. Congressmen
that vote against Senator Ken
yon's sensible amendment will
prove that they don't want the
President to have power to pro-
tect the public pocketbook.
Vice occasionally pays, although
never enough to Offset the evil.
Our Government. in It's partner
ship with whiskey, took in hun
dreds Of millions, but not enough
to pay back to families of whis-
key victims what whiskey cost
them.
Next Saturday two prizefght-
ers will divide half a million. An
other million will go to promoters.
The Government viii get three
quarters of a million. Pretty
small pay for allowing a prize
fieht, demoralizing and dangerous
IN its effect on the minds of boys
and young men.
In Europe various forms Of vice,
especially gambling, are exploited
scientifically. One single race, the
Paris Grand Pri1. last Sunday,
brought out bets Of more than
thirteen million francs. About
twenty million francs in all were
spent for ono Sundays horse
race gambling. The fund for the
poor was richer by 100000 francs.
Lotteries Of all kinds are helping
different European governments
to solve their financial problems.
Il ID difficult, as this Govern
ment knows, to tax great wealth.
But vice is easily taxed, doesn't
hide, doesn't want to.
Government holds $83,165,s76
unclaimed interest on Liberty
bonds. Somebody has hundreds
of millions in bonds, but doesn't
take the trouble or doesn't know
how to collect the interest. More
than a thousand millions Of tenn
porary bonds are outstanding,
never exchanged, as they should
have been.
And most remarkable Of all. at
,o,toff;rao and othar Government