The midland journal. (Rising Sun, Md.) 1885-1947, 1925-06-12

Dry forces In the Illinois legislature
scored double victory over the VETS
They defeated bill to repeal the
state prohibition law. with provision
for referendum, and then advanced q
bill to create state prohibition bu-
reau in the attorney generals Office
MYTH the expiration of the two
Wv weeks specified by Captain
Amundsen before he started on his at
tempt to fly to the North pole, the
Norwegian government put into opera
ton its plans for relief expeditions. It
was announced that an official party in
two hydroairplanes would patrol the
districts north and east of Spitzber-
gen; that French party headed by
NJ. Charcot, noted explorer, would
search the east Greenland area, and
that the Norwegian Aero club also
might send out an expedition. The
three expeditions were to cooperate.
A tragic incident of the polar adj
II "
of James w. Ellsworth, the wealthy
American capitalist and art collector,
whose son Lincoln went with Amund-
sen. The elder Ellsworth financed the
North pole expedition. 1t was thought
his death was FASTENED by anxiety
over his sons fate.
A MONG the decisions handed down
"A by the Supreme Court Of the
United States last week were two of
vast Importance to business. In re-
versing DEGREES of lower courts d.
rected against the Maple Flooring
Manufacturing association and the Ce-
ment Manufacturers association, the
court held that the gathering and dis
semination of information by trade as
sociations on costs, prices, production
and stocks do not necessarily consti-
tute a restraint Of trade in violation
of the antitrust laws. This, as was
pointed out by Justice Stone who
wrote the decision, Is provided the
associations do not reach or attempt to
reach any agreement or concerted &C
ton with respect to prices or produc-
ton or restraining competition. Chief
Justice Taft and Associate Justices
McReynolds and Sanford dissented, be-
lieving these specific cases disclose
carefully developed plans to cut down
normal competition" Criminal in
dictments against members Of the floor
ing association, voted two years ago
in Grand Rapids. Mich, are still pend
ing. About six hundred trade asso-
Citations are affected by the Supreme
courts ruling.
TN ANOTHER decision the Supreme
1 court declared unconstitutional the
Oregon law prescribing that children
between the ages of eight and sixteen
years must be educated in the public
schools. The fight against the law was
made by Catholic educational institu-
ton and military academy. The
decision of the court was unanimous
and said in part:
1.-THE child is not the mere creature
of the state. Those who nurture him
and direct his destiny have the right
coupled with the high duty to recog-
nize and prepare him for additional
obligations. We think it is entirely
plain that the Oregon act Of 1922 I'M
reasonably interferes with the liberty
of parents and guardians to direct the
upbringing and education Of children
under their control.
"As often heretofore pointed out,
rights guaranteed by the Constitution
may not be abridged by legislation
which has no reasonable relation to
some purpose within the competency
of the state. The fundamental theory
Of liberty on which all governments in
this Union repose excludes any general
power Of the state to standardize its
children by forcing them to accept in
struction from public teachers only"
OF GREAT interest to the financial
~ world. and so indirectly to every
one, is the plan announced for the re-
organization of the Chicago, Mllwau-
kee & st. Paul railroad, which has been
in the hands of receivers since March
IS. The plan, which has been ap-
proved by the several protective COM
mittees representing the holders of
the bonds and stocks Of the company,
provides for an exchange Of more than
$464, 100000 in securities, makes pos
sible the liquidation or funding of all
the short term debt Of the road includ-
ing government loans and involves an
assessment of $2S share on the pre-
ferred stock and $50 share on the
common stock. The reorganization
will not disturb the general mortgage
bonds of the railway company, the d.
visional mortgages, the equipment