The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-09-30
I day
BY ARTHUR BRISBANE
Money Is the Big Thing.
Bad Stories of Kings.
Old Lady Finance.
Generous Bankers.
sy ARTHUR BRISBANE

Il 4
Generous Bankers.
The big thing is money In this
world, where wars cost billions,
profiteers cost more billions, and
credits of nations are shaky.
Cuba votes to borrow fifty mill
iic--. Mexico votes to pay her for
siEn debts and to borrow money to
pay them.
A man who knows what he is
talking about says that in the United
States business and financial con-
ditions are better than at any time
of late. The Information comes from
Mellon, Secretary of the Treasury,
who made few hundred million dol
lars for himself before going to work
for the people. AS able a business
man as there Is In the United States.
when he says business is coming
back you may be sure that business
In coming back. Find comfort In
that II you need 1t.
An encouraging part of Mr.. Mel
Ions statement refers to farmers. He
says lack of exports, which has hurt
their prices, is only temporary. Eu-g
rope will need all that they can pro-
duce. and they will get good prices.
Fair prices for farmers Is the foun-
dalton of fair prosperity for every
body.
Tho European situation 10 mixed
up as ever. News that the Greek
king In not only off the throne but in
Jail, seems welcome to many Of his
fellow citizens.
Greek revolutionists want Vent
zelos. They are with the allies and
want a chance to fight the Turks
little more. under real leadership
which their king did not give them.
Just what is going to happen over
there nobody knows.
The two old ladies of high finance,
residing in Wall street, New York.
ane LaSalle street. Chicago, felt
little better yesterday. They strug-
gled to their feet, out OF a faintins
fit toward the close of the day and
the plus sign came back to the
stock list.
But high finance. which guesses
we'll on American elections and other
things that it can buy. seems to know
little about Europe.
Bankers are discussing "canceilng
Europe's debts to MS That is kind
of them. Money lent to Europe was
contributed by Americans that
bought Liberty bonds at par. then
sold their bonds in the eighties.
They are now in strong hands and
above par. If those European debts
are cancelled, little people that sup
piled the money and lost on their
bonds will be called up to make up
the loss in taxes. They might say to
the bankers, Begin by caneelling
debts that are owing to you and prove
your sincerity, before being SO gem
erors with our money
Mustapha Kemal seems TO be 1
thoaghttul, slow moving Turk. the
sort that win know enough not to
jeopsrdize what he has gained by
inviting war with England unless
he has arranged to get all of Rus
sia's power back of him. In that
case the hanoage would be torn off
the whole Eur opean mess, and heaven
knows what would happen.
Kcmal honcrs the prophet by con-
fiscating all alcoholic drinks in con-
qurred territories. imposing absolute
prohibition and notifying CONSTANT
nopie that he will do the same there.
He believes in the prophets teach
ings, Only water on this earth. All
the wine you can drink through all
eternity In paradise"
That theory took Islam far and
fast for while. then it seemed sud
denly to die out.
Michigan's democratic convention |
will be asked to indorse Henry Ford
for President in 1924. This settles
one question. Mr.. Ford considers
himself democrat. 1t raises other
questions. OF will when the time
comes. Those that work at the south
end of Manhattan island, New York
city. near the stock exchange, and
think divine Providence looks upon
them as the natural rulers of the
United States will think hard, If
Henry Ford is nominated or nomi-
na'es Lsinself.
There will be scurrying around to
find real radical to run against
him. Wher Ford calls upon his mil
lions of customers to vote for him. |
on the ground that he produces the |
goods at the right price. and calls
upon his thousands OF agents to work
in his campaign. he will take some
beating. The mush and milk, per-
fectiy safe-"do as tell you" can
didate. won't do. for that kind of q
fight.
Parents Blamed.