Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-01-12

Editorial Digest
Fresh Political Green Goods!

| EfeSn POLITICAL Gree1 0Oo0S!
: Although Congress Is apparently
agreed that the War Finance Corpora
ton. which It has decided to resuscitate
despite the presidential veto Of its reso-
luton. is the only thing that can save
the farmer, public opinion. in so far as
the majority of the newspapers express
it. thinks quite the contrary. Just as
democrats in the House and Senate
flouted the administrations stand, SO
many republican newspapers Joined
with Mr.. Wilson's supporters in declar-
ing his reasons for refusing to sign the
bill sound and sane.
| Several metropolitan newspapers.
! however. are emphatic exceptions. in
New York the Tribune trepublican) and
! the Herald independently. Says the
! Tribune:
1.-THE overwhelming vote in the House
overriding the dyspeptic veto of the res
! oiution reviving the War Finance Cor
poration: following similar vote In the
Senate the day before. f1ttingly squelches
Secretary Houston's arrogant effort to
! lesson our export trade"
! The New York Herald points out that
ga market demand for crops will be
created and the American farmer
| might not export single bushel Of
wheat and yet get better market in
his own country because of the in
creased exports OF manufacturers. He
might not borrow q single dollar moro
and yet work out his own safety"
the action of Congress through the COL
! umns of the Chicago Post independently.
which answers official defense Of the
| veto that the corporation will be an
| added burden to the Treasury funds by
declaring that the Increased shipments
abroad" that will be stimulated 'mean
corresponding payment Of loans" The
Brooklyn Eagle independently, too. sees
| no cause to worry concerning the f1nan-
| cial side. for. by the time the board is
temper the wind for the shorn Treas
| ury.' The Boston Post independent
democratic). viewing the question from
similar angle. thinks that the psyche
logical effect OF creating the board Will
t BE- remedy enough: and there may be
The Atlanta Journal (democratic)
and the Albany Times-Union tindc-
pendenD both believe in the need Of
the board.
Two New York state papers. the Ell
mira Star-Gazette Independently and
to disagree with Secretary Houston
when he suggests that the action of
Congress would mean that the gov
eminent will finance private BUSH
ness" and. though the Gazette admits
that wrong uses of the board would
result in evil. "judiciously admins
tered" it might be "a useful instru-
ment.''
Blu, to many writers the action of
Congress was simply the old "bunco
game" as the Louisville Courier
Journal ldemocratic) expresses it.
posed to fall for" "Frenzied finance
for farmer votes" is the way the
Hartford Times (democratic) heads
it's editorial on the subject, and the
Norfolk Virginian-Pilot independent
democratic) catalogues the resolution
under "emergency mania"
The Duluth Herald independently
believes that the presidential veto
was administered because of a real
ization of the fact that Congress was
merely playing to the gallery.
Both folly and cowardice" charac-
terize the resolution. says the st.
Louis Post Dispatch independently. It
goes on: 1.-THE majority of Congress
do not stand by their convictions
when votes are in the balance. Prin-
are thrown to the winds when the
farmer vote is at stake, and their
political support is threatened. They
are not shepherds Of the people, but
sheep"
Rather than having scored a hit.
considers that the legislators have
put themselves in a hole. Either they
have been making blur at tho card
table. which. when exposed, must I'm
evitably show the shallow judgmen
of the player" or else they must finish
what they have started and increase
IAN already enormous deficit" and en-
tail the country in the borrowing Of
hundreds Of millions Of dollars In q
market that is already sadly democrat
ized.'
The Cincinnati Comm ercial. Tribune
(republican) credits the congressmen
with having "a mental reservation"
when they opposed the Presidents
reasoning. and also with being quite
human" and therefore responsive to
the pressure Of rural constituencies.
This 'jollying the farmer" as the
Muskegon Chronicle (independent)
calls It. will leave 1.-THE republican
majority" with white elephant
upon its hands"