The Washington times., 1922-01-05
Today
Money cheap-Money Dear.
Give 81 Time. II Grows.
Why the Farm BIoc?"
so, 900 Pounds Reward. .
By ARTHUR BRISBANE

ll-By ARTHUR BRISBANE--l
4 Copyright. isaa)
In Wall Street yesterday
money was loaned for stock
gambling purposes at 4 per cent.
And the Rothschilds are lending
money to Chile, selling Chilean
bonds, paying tn per cent in
terest, selling 95 cents on the
dollar. That may be all right,
but it sounds like bankruptcy.
Be careful about your choice
of foreign bonds. Some pretty
good things are to be bought in
America.
The peace dollar is issued and
you can get it now for 100
cents. Its issue is premature,
Tor there isn't any peace yet.
Experts in numismatics say
The peace dollar will be worth
two dollars and a half as a curl
osity twenty years from now.
That may be true, but it's un-
certain. There is nothing un-
certain about THIS:
Every ordinary dollar can be
made worth two dollars and a
half twenty years from now if
you will save it, invest it, save
and reinvest the interest. Tell
that to your prodigal son.
Wheat sold in Chicago yester-
day below a dollar a bushel.
That's what makes the farm
bloc" easily understood. Frank
TMunsey, whose mind dwells
among great and abstract ques-
tions, says it is a terrible thing
I to let seniority rule in the SEN
ate. Seniority will make Nc
Cumber, of North Dakota, chair
man of the Finance Committee.
It means friend of the Non
Partisan League bossing the
money of the United States.
Strange how patiently Wall
Street and it's friends endure
Senatorial seniority when the re-
suit is Boies Penrose bossing the
nations finances, and how agi-
tated they all become when, by
chance, a farmer who believes
the common people have been
made a little TOO common hap
pens to find himself in power.
The British government offers
fifty thousand pounds for a sue
cessful helicopter. That's a fly
ing machine that can go straight
UP in the air, remain stationary
with strong wind. and come down
straight instead of slanting.
! That would be a flying ma
chine easy to send up from the
, deck of a battleship. The idea
Z is not new. Buddhists believe
that when a new baby Buddha is
born he rises in the air. sits there
without any&asupport, and deliv-
ers a speech.
Why doesn't the Government OF
the United States offer an occa-
sional prize of $250.000 to in
ventors? Perhaps it will now,
having in Mr.. Harding a Presi.
dent intensely interested in all
mechanical and industrial i'm
movements. Until recently the
American inventor landing in
Washington found every door
closed to him, as many can tes-
tify.
Consider one sample of Gov
ernment management where farm
ers and railroads are concerned.
When the war was on the Gov
ernment fixed price for wheat.
1925 a bushel, and guaranteed it.
If that hadn't been done wheat
would have gone to five dollars:
The Governments generosity"
} held down the farmers profit.
At the same time the Govern
ment guaranteed the railroads the
highest dividends they had ever
received. If THAT hadn't been
done. and the Government hadn't
nut more than a thousand mil
lions of public cash into them.
they would have gone bankrupt.
Now that the war is over. the
Government is still taking care
of the railroads most effectively,
and the farmer is told to sell his
wheat and corn for what he can
get: no guarantee THERE. Some
of the farmers are burning their
corn, which is cheaper than coal.
Do you wonder that a farm
bloc" starts?
Luckily, we have our oceans.
The English hear, with a horror
easily understood, that their
French brothers have been build
ing "big Berthas," the German
type Of gun that can shoot hun
dred miles They hear also that
those "big Berthas" are on the
French side Of the Channel. ready
at short notice to drop bombshells
In London. That would interest
Napoleon. who spent his short life
fine WONDERING how he could land
,n,x on Enplich soil Think