The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1930-10-09
THE WORLD TODAY
by ARTHUR BRISBANE
THE PRESIDENTS SPEECH.
S27 DAY FOR ALL.
BETTER THAN GOLD.
GERMANY DOES SOMETHING.

The Presidents optimistic view of the near fl.
ture backed by sound facts and figures, should
fort many doubling Americans who thought the
world had come to an end when violent stock gamb-
ling produced it's usual result.
Particularly important is the fact, usually for
gotten that this nation consumes 80 per cent of all
it produces If tomorrow the people of the United
States, consumers and distributors, should resume
their normal purchasing, instead of holding back
in vague, foolish fear prosperity conditions
would Immediately become 81 per cent of normal.
Americans now boarding, they know not why.
should remember that the 1880 dollar will do almost
twice the buying work of 1929 dollar. Buy now,
the dollars 1880 value will not endure.
If Henry Ford's latest prediction becomes real
ty this country will all it produce, and
more, barring, perhaps super1ouS food products.
And if they can be produced cheaply in proper
ton our automobiles produced, farms
could undersell the world, automobile and
moving picture factories do.
Mr. Ford predicts minimum pay for workers
of sgt day by 1850, the ve-day week be unvers-
al, giving the SGT day man leisure to enjoy his
earnings, automobile, radio, etc.
To many that seems preposterous- almost GRIM
inal. But not long ago there only man in the
united States that could earn dollar day the year
round. The increase from one dollar a day for one
man only to six dollars a day, and more, for mil
lions of men, would have seemed as impossible" as
the increase that Mr. Ford suggests from six dollars
to twenty-seven.
Discovery of gold mine containing two or three
billions of dollars in gold would be welcome news
financing the world more strongly gold basis.
Discovery of mine containing millions of tons
of pure copper would be of great value to industry
although it might upset stock prices.
But mineral discovery could be welcome
as important the discovery just announced, of
huge radium deposits at Wilberforce, Ontario
These deposits said to be greater than those
owned by Belgium in the Congo, hitherto greatest in
the world.
Germany proposes to meet the crisis of extreme
radicalism one hand and threat of Fascist lead
ership the other by action.
Rigid economy will reduce national expenditures
by billion marks
1t is even suggested that General Won linden
burg's pay be reduced.
We have money worries here, with money to
loan drug in the market. We seem to lack the
energy that does something, anything. We are
like poor old lady, dspossessed from her prosperity
lodgings, weeping on the sidewalk not knowing what
to do.
The fiery Hitler reminds you of the saying that
if doesn't go too far he never goes far enough
He has gone far enough.
He not only threatens to impeach Hindenburg
but proposes to conquer Russia, because Germany
needs more territory for expansion"
large Bolshevik bear in Moscow will have
something to say about that
George NJ Reynolds, head of the big Continental
Illinois Bank and Trust company of Chicago ended
his fftieth year in banking with this sensible and
comforting statement:
Depression don't kill people We recovering
from this depression faster than we appreciate
There is nothing fundamentally the trouble with this
country In a few months the volume of business
will startle the nation by it's SIZE"
-
One thing write down and remember for future
reference. This is the time to buy good stocks if
you have money to buy and will not be frightened
away from them.
But time is good for gambling.