The Washington herald., 1929-11-02

Earth and the Senate
Wall ST. Crumbs
Safety in Insurance
A News Theater
by ARTHUR BRISBANE
tcopyright. 1898, King Features
Syndicate. Inc.)

ABOUT l,UUU mlteS an nOuf,
$4,000 miles in "a hours. Be-
cause of its size, the earth's
motion is slow.
At the same comparative rate
of speed, you could not detect
any motion in a cart wheel, re-
volving once in "a hours.
However, as President Hoover
Justly complains, there is some
thing slower, and that's the
Senate's motion on the tariff.
It has been considering .
tariff bill, as the President says,
"since June, with fifteen sched-
ules to work out, and has not
yet completed Schedule l."
In the Wall Street canyon,
leading from Trinity Church
where men give thanks for
winning, down to East River
docks, convenient for jumping,
all was quiet yesterday. Spar
rows were picking up crumbs
from messengers boys lunches.
They are scarce, Wall Street
boys usually go to restaurants.
In brokers' offices, clerks and
bosses were working day and
night, catching up. They also
had collected some crumbs,
while customers were collecting
large crumbs of experience.
Will Rogers says it will COM
fort poor people who lost their
stock in the late crash to know
that it has fallen into the hands
of Mr.. Rockefeller, who will see
that it has a good home"
Mr.. Rogers, not by accident
the richest actor and manager
in the world, knows that Mr..
Rockefeller's purchases plus
purchases by George F. Baker
and others, and the wise in
crease in dividends of corpora
tions that could afford it, saved
thousands of the little people
from complete destruction.
F. H. Ecker, president of Met
ropolitan Life, biggest insur-
ance company in the world, re-
plies to a question concerning
recent Wall Street excitement:
Drastic deflation of market
prices Of shares of common
stock in nowise affects life in
surance policies issued by COM
panies whose investment prac-
tice, guided by laws, such as
those of the State of New York,
or the sound judgment of exec
utives, excludes common stocks
from their holdiHgs
More than ever has this re-
cent experience demonstrated
that life Insurance is the safest,
most dependable repository for
the savings of millions of our
population, furnishing at the
same time sound protection
against loss which follows in
the wake of DEATH"
New York has the worlds
first news theater. Moving.
pictures show news events only,
and being Sound news-reels"
they tell both the ear and the
eye what has happened.
The first "news theater" in
the world, the Embassy, ex-
hibiting Fox-Hearst news pic
lures from all over the earth,
showed last night actual NOV
ing pictures of the Italian
Crown Prince visiting his fl
ancee in Belgium. The noise
of shot, fired in a futile at
tempt to assassinate him, was
heard in a theater 5000 miles
away.
You would not have expected
that 25 years ago.
Alfred ?. Sloan, jr, head of
General Motors, back from
Europe yesterday, sees no "logi-
cal reason for such action as
has occurred in security values
Business is sound, says Mr..
Sloan. He believes that the
quarter earnings for General
Motors will be ahead of the
same period for last year.
Edsel Ford announces re-
ductions in Ford prices, ex-
pressing the belief of the Ford
organization, that ''basically,
the industry and business Of
the country are sound"
There is no better contribu-.
tion to prosperity than to give
buyers more for their money,
when greater efficiency makes
that possible.
1t isn't how much money you
get, but what you get for your
money that counts.
Kemal Pasha, boss of Turkey,
wants to join the Omitted States
of Europe" if and when that
brotherhood is organized.
If Mussolini should follow
Kemals example, and join also.
the United States of. Europe
would have material for a first
class war within its borders
from the start.
Mussolini has not forgotten
Kemal's statement: IF you ever
attack Turkey, your one diff
Guilty will be to find room to
bury the Italians that shall
kill for YOU"
Nova Scotia, having enough
of prohibition, votes to end it
and substitute sale of alcoholic
liquors by the government. Ten
years ago the vote was over
It -. -, g.I,v - Faxon - ,n-1L: