Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1921-09-10
HAS LIBERTY LOST ITS CHARM9
(By Nicholas Murray Butler)


crty which for four centuries has been word conure
with has lost its hold upon and whether
ing pass where democracy to be reduced the ex-
pedient OF OF the ancient yrannes and is be able
maintain itself only by providing bread and acrcus for
the OF the people II by any chance have
this pass, coming to it, then be it assured that
it will not be long before great change will the
political and social institutions Of mankind that will
be change for the
1T is hard to bring ones self to believe that liberty
has lost its hold that false and spurious equality
contradctng every natural law making progress impos-
sblc only temporary at best, long lure intelligent
men from bery's path The abuses OF liberty
and innumcrabe. The economic njustices that have
yet been removed many and apparent TIE forms
OF equality dependent upon liberty that have yet
been sufficiently established easy name But surely
the remedy is not to be found in tearing down the
of the political fabric but first clearing
Instructions and debris and then in building
thoughtfuy, wisely, and more patiently upon it.
s.+. -
To troubled mother who has asked the editor of the
Kansas City Star what she should do stop her l2year
old son from reading everything he lay his hands on
he wisely answers, in effect "Do nothing Also in effect
he tells this very unnecessarily anxious inquirer that
stead of being alarmed by the boys liking for literature
and the catholcty of his she should rejoice in both
and be assured that neither home any libraries
public privatekely be accessible him. is there ap-
precable danger that he will find anything at once COM
prehensive and harmful
t In this case at least however it may be in Others
confidence in editorial omniscence was justified Bows
to read and especially boys glad sorts of
books not only those made especially for them-wren
down. that is to the supposed measure of intelligence
have been rare at all times and to of they seem
to be particularly rare at present Every of them
and such girls tooshould be ecouraged restrained
They may learn things which their fond parents think
they are too young know but they will learn those
things anyhowuness they are brought up in an nno-
cence that only dangerous gnorance-and it better
to learn them from books than from the boy girl
in school.
And, matter of fact it is more than doubtful if
any knowledge whatever harmful anybody young or
DID, and the possibility that knowledge may be misused
though real far from being decisive with
holding it.
If more reading done by boys and girls-more
reading of real books that sperhaps not so many of
them who come out of college these days would make
statements and ask questions that them SEEM to the
possessor of an odahoned education little if any better
than illterateNew York Times
In the United States imported more gold
than all the world produced in 1920 A hundred million
dollars worth of gold reached New York in the last
MONTH and importation quite likely grow 1t is es-
mated that already the United States hods4O per cent
OF the worlds visible supply.
Western Europe, including even Great Braia~ is on
paper money basis The petense of India and Japan to
De single standard money countries really serious
is today thin it nothing So far as Asia uses
metal money mnted officially silver is that metal as has
been shown by the advances in the price of silver because
OF eastern demand since the began Then there is
Latin Union so-caled, among France Belgium Italy
and Switzerland devised facilitate the acceptance at
sustained value OF silver money by their population
The Union operates, suppose but there full
crum to rest its lever
How Europe is ever to get back gold basis puz-
zes theoretical economists practical 6nancers alike
However, in this generation is likely to see done
The pressing and practical question western Eu
rope how she is ever to get off, in part whole from
paper basis.
And our problem here just the reverse what to do
with the excess of yellow metal Our nancers don't know
and making bones of admitting it. The condition
is unprecedented No other nation ever came so near
monopoizng gold and before three-fourths of
the commercial world compelled the exclusive use of
paper
Excess gold does not necessarily spell anything but
advantage the practical question being how best utilize
the good fortune But there existing chart that can
pilot us What shall we do with the gold or better what
will this plethora do with us