The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-11-14

aDie MIN 10 WlSRle Lnto TIE loius
of a senatorial toga. and if elected
to that august body would probably
show up some morning at roll call
clad in an unctuously oily smile
and his beeveedees-
Our Democratic friends will not
make much progress with their at
tempt to deny that the Federal
Reserve Board under Democratic
control, brought about defation.
when at the same time they say
that if there was any blame to be
imputed to the Reserve Bank, it was
for not having acted sooner.
Samuel Gompers yearns for re-
turn to the old days when wage
controversies were settled around
= table, and similar sentiment is
expressed by President Elliott of
the Northern Pacific. The trouble
IN recent years has been that men
who were not employees demand the
right to speak for those who were.
The prospect of early passage
of the ship subsidy bill is having
the effect of raising prices Of YES
sells from $40 to SIS q ton The
increase is still far from sufficient
to Justify the placing of orders at
any Of the shipyards, but with the
actual passage Of the pending legis-
lation it is expected that the price
of tonnage viii exceed the cost of
construction with an immediate i'm
provement in the ship building
situation.
The retailer who tries to justify
a 20 per cent increase in the price
of an article because of a ten per
cent increase IN the tariff is not
only q fibber but a profiteer.
When the average American
reads that America has lost her soul
while Europe has saved hers, he
asks that average American ques-
ton, How do they get that way"
He remembers Americas part in the
war, and how she refused to
profit to the extent Of a dollar OF
Preparations or an inch Of terri
tory. He knows that the European
powers divided vast gain in land
and enormous trade possibilities
that their capacities and jealousies
resulted in a peace that is fomen-
ter of war. He looks at the Near
East, where one great nation stood
behind the Greeks while another
got behind the Turks And he is
asked to take lessons in saving his
soul from the politicians in control
of these nations-politicians who
have ruined Europe and who now
ask that we act as a wrecking crew
to salvage the old mess for them
|
of Enthusiastically Post.
Sir Reginald McKenna, ex-chan.
cellor Of the British exchequer, who
was recently in this country lee.
turing Americans on international
finance, referred to the protection
furnished by the new tariff law a.
splendid isolation" II believe
said he, that your experience ir
America will be the same as OURS
that the policy of splendid isolation
doesn't work" The policy Of pro.
lection has worked most effectively
in the United States, and it is being
adopted by Great Britain wher
lever British industries are threat
ened by foreign competition. British
manufacturers are as anxious fol
protection from the cheap prod
ucts of Germany and other coun
tries where the standard of livinf
is low, as are American producers
Because of the size Of her territor,
and the density Of her population
Great Britain is far more de
pendent on imports than is tn,
United States, but"splendid isola
ton" is practiced there as here to
ward those industries that are abb,
to supply the home market.
The total ordinary expenses o.
the national government for tn,