The Glenwood post., 1923-01-18
uaeIe Ted's Bed Time Stories
Current Events for the Children
and arown-ups, Too )
LOOKING BOOK OVER
TWELVE MONTHS

1t was one of those damp, cold, rainy
winter nights when the rain suddenly
turns to snow and sleet and the wind
rushes through the trees with a sound
50 mournful that those lucky enough
to be inside where the fire burns
brightly turn to serious thoughts. Ruth
and Jack were busy with their school
lessons, stretched out on the flooor in
front of the big log fire. Uncle Ted
sat in u big arm chair with his feet
warmly encased in Christmas pres
ent-two new slippers.
"Uncle Ted,'' called Jack.
"What is it, Jack?' answered his
uncle.
1--WE have to write a short piece for
school about some of the important
things that happened in 1922 where the
United States played an important
part, and 1 IN stuck
"What are you stuck on?" asked
Uncle Ted.
- He IS stuck on the whole thing. 1
know" said Ruth. $50 am 1. Please
tell US a story about some of these
things so we can get through"
well, that S pretty big order,
Ruth,,' said Uncle Ted. $50 much
happened during 1922 in which the
United States played leading part.
In fact everything that was accomp-
e. lished toward constructive world peace
was accomplished through the LEAD
taken by the United States. 1t has
been said of 1922, when looking at
those things which marked real prog
ress toward adjustment and universal
on the limitation of armaments, begun
in November, 1921, led all others. Nat
urally the Washington conference has
been pointed out by the real economic
and political writers of the world as
the most important event i'll 1922. That
conference insures peace in the Pac fic
ana a real friendship with Japan where
all keen observers had predicted the
next war would take place. Secretary
Hughes summed up the whole affair
wher he said: .We have established
good viii ard cooperation in the Far
East IN the place of mutual distrust. )
''Now let us look at the navy. The
biggest aecompl shment there, as As
slstart Secretary Roosevelt has said,
was the establishment for the first tine
in the history of the country OF a con-
crete naval policy. That policy was
developed by the Washington confer
enee which makes it possible for the
United States to have a navy equal to
that of Great Britain and g. per cent
greater than that of any other nation.
''From the navy we will take a
glance at the army. Under the great
est of difficulties, because of getting
back to a peace basis and complying
with the requirements of the national
defense act, the army is at present in
splendid shape. Through the train ng
of the reserve officers training corps
and the citizens military training
camps, the youEg men of the country
have been keptin splendid mental and
physical training.
ono more important part of our
government exists than our treasury,
headed by Secretary Mellon. Mr.. Mel
Ion is keen business man and he runs
the treasury along business lines Dur
ing 1922 the treasury reduced the gross
national debt about $l,0o0,oo0,O00 and
the balance for the year shows that we
have about $3OO,oOO,OO left after pay
ing our bills. Mr.. Mellon also says
that the best way to help Europe is to
keep our own finances sound. In
other words not to go to work giving
away few million for temporary help
and at the same time making our finan-
cial condition weaker and weaker.
''That letter in your hand, Ruth, re-
minds me that the deficit in the postal
service during -921 was $157 ,517, 900
and it was reduced to $60,S15,00 dur
ing 1929. DIR. Hubert Work, postmaster
general, says that it will be cut $751;.
100000 during 1923.
Even though we faced a serious