Evening star., 1923-03-16
CAPITAL KEYNOTES
BYPAUL Y. COLLINS

s zach o.nsEs faess instsaa11 q sta5tin 5ai1
newspaper man; he knows what it
means Cor the first edition to miss the
mails. Now he finds that the mailR
are missing the public with an ade-
quatc supply of postal cards. Two
postal card inspectors quaarreled. Iad and
hind requirements. The presses can't
run during the sQuabble.
** x X
How characteristic was the first
act of Postmaster General Harry New
upon coming into his new office! He
showed his nose for news" devei-
oped through long years in the man
agement of the Indianapolis Journal,
One might even picture him at the
desk of the city editor.
whats this? pago bank in New
York busted? Thousands Of Italians
lose their savings? Hold the forms.
Get out an extra-a circular at least,
printed in Italian. telling the Italians
never again to trust their bank, while
they can be perfectly safe in putting
their earnings into the postal pstal sayings4f y
pays to advertise. Make the scare
head bold: Save Savings Sure Make
it snappy! Get onto the street in thirty
minutes and beat the sheet around
this circular when they patronize-
mean, when they bring In their
savings"
The present writer used to see
Harry New in action just IKE that
He is still true to form. Right UP to
the second!
One objection to the teachers bill
noted by former Representative Mon!
dell was that 1t included funds for
community and recreation centers.
They don't have such on Montana
Main street: why should Washington
spend money for such folderols?
Perhaps the answer is given. in
part, by the action OF the United
States Army, which enthus siastlcaliy
indorses the leadership OF Mrs. Her
bert Hoover in a movement to en-
courage development OF the women OF
America, through physical exercise
and hygiene.
Mrs. Hoover has prepared plans for
representatives from public and pri
yate schools, colleges, universities and
recreauonal associations throughout
the United States, who will meet in
Washington, April 6, to confer upon
the best methods to develop physical
education and recreation for women.
This will include athletics, and will
require the fullest use of community
centers everywhere. Washington will
be handicapped by the failure of thu
school appropriation bill in Congress,
where 1t would lead if given proper
support to its community centers.
The War Department is interested,
IN view of the showing of physical
detectives at the time of the draft
25 per cent of American men were so
defective that they could not be aC-
cepted for military service of any
kind. Since that was the showing as
to men, 1t ia recognized as probably
equally bad for the women.
* =
The mortgage debt of farmers is
said TO amount TO 1873 per cent Of the
value OF all the farms. If that is ali
then the farmers are certainly fairly
! we'll off, for much OF the mortgage
debt consists of purchase mortgages,
and so represents courage and enter
prise. 1t is doubtful If so good z
! showing as to rented capital" could
be made by other lines of business. 1t
| is parallel with the bonded debt" OF
| railroads or any great enterprise.
| Comparatively few merchants have
| lower percentage of outside capital in
their businesses, yet we are not called
| upon to bewail that feature of gem
| eral business.
| What the farmers are crying for is
not more mortgages on the capital
investment, but reader access TO
working capital. to use for the grove
| ing of crops and stock. That is now
provided. by the late Congress, in the
form of intermediate credits, and it Is
| believed that the farmers can look
forward to brighter days in the near
| future. The new facilities will help
| this years activities
Copyright, 1923. by P. Y. co!linsl