davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-19
CHAPTER III.
THE DUTCH GARDEN.

//gT wORN'T no sooart o. ac-
cident," Ben repeated with
his broad Yorkshire ac-
Il cent. They settlers. as
they call 'em; more like
devils to ma thinkin'. No but devils
couldn't fall o. theyselves. Asides there
worn't no wind last night Some one
pushed--and T. poor mistress under
meath"
II don't understand" said Donald.
'Setters--devils. What do you mean?"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-19

A prevailing wind is against an air.
craft steering west over the Atlantic,
which explains why most attempts are
made eastward
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13
LOST CAPITAL GIRL
LOCATED IN WEST
Mary Allen, 22, Found Wiring
for FundS-WiII Come
Back to Washington.
BY the Associated Press.

BY the Associated Press.
LOS ANGELES, March 13.-Mary AL
len, %, for whom Senator Hiram johnson
and her father, John J. Allen, Of WASH
ington, had asked diligent search, was
found by police unframed in Santa
Monica near here last night after be-
ing missing since Tuesday.
The girl was located in telegraph
ONCE while filing q message to Charles
EmmonS, Tulsa, Okla. asking for funds.
IT have not eaten today" Miss Allen
told police. Miss Allen was traced to
the telegraph Office through reports Of
clerks In a hotel where she registered
and merchants with whom she attempt
cd to open credit accounts. Police said
she appeared highly nervous.
The girl was placed in the car OF two
police women, who took her to a hotel
to await word from her family, said to
be prominent in Washington.
Miss Allen is the daughter Of Mr.. and
Mrs. John J. Allen of 1716 Varnum
street.
The girls parents said she had been
deeply interested in church work prior
to her disappearance. Mr.. Allen said
Santa Monica police advised him
by telephone last night that she had
been staying at convent near that city.
The father said he is making arrange
ments to have her brought back to
Washington. He was unable to give any
reason for her disappearance.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13
De MOLAY MEETING
TO HEAR HYDE TALK
Child Health Conference Leaders
Also Invited to Attend Ban
quet Monday.

Arthur M. Hyde, Secretary Of Agricul-
ture, will be the principal speaker Mon
day night at banquet in the May
flower Hotel for the members of the
Grand Council of the Order of De
Molay, which holds its eleventh annual
meeting here Monday and Tuesday,
Representatives of the council from
every State will be present and leaders
in President Hoover's recent conference
ON child health and protection have
been invited to attend.
Roy e. Dickerson, director Of &C
tivities for the order, announced today
that DR.. j. G. Wright, director of the
Federal Board of Vocational Education,
and DR.. Hugh S. Cumming of the public
health service and Col. Louis A. Watres,
Scranton, Pa, had accepted appoint
ments to an international De Molay
Advisory Board, which win counsel In
a plan to make the organization a
worldwide movement for boys 16 to 81
years old.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13
Births Reported.

The following births have been reporte
hours:
Reginald and Evelyn Currie, girl.
Irving L. and Margaret r. Koch, girl.
Sewen and Vera Shreve, girl.
Marshall =. and Edna A. Stone, girl.
william +. and Evelyn Walter, girl.
GEORGE P. and Alice @. Larrick, girl.
Lester L. and Margaret Z. Kendig, girl.
Cecil d. and Native n. Robbins, girl.
John H. and Margaret i. Kruger, girl.
Harold w. and Elinor Reynolds. girl.
John J. and Emma L. Couch, girl.
Harold J. and Mabel B. Cooper, girl.
Joseph H. and Elsie r. Latimer, girl.
Edgar and Beulah F. Dangoisse, girl.
william A. and Kathleen Aberg, boy.
Frederick j. and Adelaide Schmitt, boy.
Edward r. and Carmen Gardner, boy.
Milton D. and Cecilia J. Barney, boy.
Nelson and Jewelle Certel. boy
Paul M. and Dorothy G. Sapp, boy.
Francis J. and Myrtle Tartaglino, boy.
George H. and Lucille z. Pennell, boy.
Isadore and Marian Goldberg, boy.
HALEY and Lucille Armentrout, boy.
Anthony and Gertrude Pedone. boy
Roland r. and Dorothy Sasscer, boy.
William and Mary v. Sanderson, girl.
william and Grace Kenney, boy.
Ivory and Beulah Whitaker, boy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13
THE WEATHER

District Of Columbia -- Fair tonight
with lowest temperature about 80 de-
grees; tomorrow increasing cloudiness
and warmer; showers tomorrow night
and Sunday; gentle northwest winds,
becoming east or southeast Saturday.
Maryland Pair with slowly rising
temperature in extreme west portion to-
night; tomorrow increasing cloudiness
and warmer, possibly showers tomorrow
afternoon In extreme west portion:
moderate northwest winds, becoming
east or southeast Saturday.
Vtginia-Fair, not so cold on the
coast tonight; tomorrow increasing
cloudiness and warmer; moderate west
and northwest winds, shifting to easter
ly Saturday.
West NEUTRALITY-SUSPICIOUS. cloudiness
with rising temperature tonight and to-
morrow; showers tomorrow afternoon
or night.
Record for - Hours.
Thermometers pm, 20; 8 pm, So;
u midnight, s5: am, 80; 9 am, "a;
Barometer pm, 5000; 8 pm,
3o08; IL midnight, 5000; 4 am, SCOT;
" 0.AAS OO'4op A1OO1lp JU.US.
Highest temperature, ~, occurred ct
noon today; lowest temperature, 81, oc-
CURED at Z am. today.
Temperature same date last year -
Highest, 70; lowest, SO.
Tide Tables.
FURNISHED by United States Coast and
Geodetic Survey.)
Today-Low tide, 1918 am. and 10:47
pm; high tide, $3.50 am. and 4:Ol pm.
Tomorrow-Low tide, 1913 am, and
1872 PM; high tide, 4:30 pm. and
Sol am.
The Sun and Moon.
Today-Sun rose 6:25 am; sun sets
6:12 pm.
Tomorrow-Sun rises 6:23 am; sun
sets 6:13 pm.
Moon rises 3:43 am; sets 1913 pm.
Automobile lamps to be lighted one
half hour after sunset.
Weather in Various Cities.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13
FOREIGN.
LINDBERGH HOME A PARK

ST. PAUL, March 13 R.-The boy
hood home of Col. Charles A. Lind
bergh will become a State park under
law signed yesterday by Gov. Floyd
B. Olson.
The measure creates the Charles A.
Lindbergh State Park out of the farm
near Little Falls where the famous
flyer lived as boy. The land will be
decided to the State by Col. Lindbergh
and other heirs Of his father, a former
Minnesota Congressman.
The farm home has been visited by
thousands Of persons since the aviator
made his famous flight from New York
to Paris. Most of the farm, lying along
the banks of the Mississippi River, q
half mile from Little Falls, Is covered
with growing timber.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13
Marriage Licenses.

August s. .Rodano. TO- and Phyllis L. Rob-
bins, IS; Judge Mary O'Toole,
Walter Dgrant; 81; and yirginia Brock
A. Brooke Smith. SO, and Anne L. Wood
vile, 49, both Of Richmond, Va; Rev. A. r.
James T. Harris, IS, and Eva M. Burford,
80, both Of Madison Heights, Va; Rev. John
.HerschsI H Lowe, %, and Sally L. Stewart,
81; Rev. Russell J. Clinchy.
Andrew Gaskins, ST. and Maude Brown,
II; Rev. Francis z. Pre-
r.; Irving Hardsya 81: and Eleanor G.
Aubrey II. GaIbraitf1. IT,, al, and Audrey
M. Wright, 10, both OF Richmond. Va; Rev.
I'VE Vert T. Bayne, 80. Trinity. Ala, and Radia
?. Buck, 80, Sistersville, w. Va; Rev. J. H.
Warren L. Brotherton. 81, Kahoha, Mo.
and Margaret T; Covinston, "a, Hopewen,
,Liewellyn W; Cockrell; A, this city. and
Harry Gam. 60. and Gezeils Ladner. ss
Clyde ". Patterson, I'll, Neenah, Wis, and
Mildred L: FITZGERALD, 10, Fort Humphreys,
Va; Rev. Epoch M. Thompson.
Flynn White, 30, and Mary Ach, IL; Rev.
waiter Wojehoski, 81, Pittsburgh, Pa, and
Marion Pickens, 20, Bellaire, Kans.; Rev.
Allan =. Poore.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13
Mueller Has Quiet Night.

BERLIN, March 10 (R.-The former
Is i'll here, was said today to be in
a serious condition although he spent
a quiet night.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13
Narn uf Uhanka.

my thanks TO our many friends Tor kind.
nesses shown IA my hour Of hexeeYanent.
HAROLD W. BRA0EY. :
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13
Deaths Reported.

The following deaths have been reported
to the Health Department in the last "a
Ann Z. Cain, 81, 2O1s New Hampshire ave.
William 2. LAWYER, 7s, 1917 9th st.
John H. Hicks, rs, 1881 Blair I'd.
George w. Nash, 70, Sibley Hospital.
Robert r, Calder. II, 1908 Newton st. ne
Maria 3. Shelton, 10, 2Ooi 0 18th h. st.
Samuel Saks, SO, 1850 Lanier pl
Clara B. Donaldson, 50, 1879 35th ST.
william Carew, SO, Walter Reed Hospital.
oscar Kleabe, Sc, Gallinger Hospital.
George w. Lewis, as, Emergency Hospital.
Thomas Brooks, 40, Providence Hospital,
William Wood, 81, Emergency Hospital.
Clara Rice, 80. Emergency Hospital.
William L. Hun, rs, Casualty Hospital
Parker McAbee, 8 months, Children's Hos
pital.
Samuel Carter, So, HOO LIST st. s.w.
Archie Brown, 81, Gallinger Hospital.
Blennie d. Hawkins, 80, 1893 @ st. Sc.
Mamie Digs, 20, Freedmen's Hospital.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13

conducted q business Of plastering con-
tracing, with Offices at his home. He
was O member Of the Plasterers' Union.
Surviving Mr.. Rabbit Il q daughter,
Mrs. Mary A. Mcleod; two sons, John
Francis, IT,, Of washington and Harry
r. Rabbit Of Los Angeles, Calf; two
systers, Mrs. Chambers and Mrs. Ca
mile Wood, and brother, Frank Rab-
bitt. Five grandchildren also survive.
Mrs. Rabbits died some time ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13
Hit MRntnrtattt.

EMBREY, ANNIE. In sad but loving remsm-
s sEsSs nee q n gbs 19y SFEg n
ten years ago today. March Is, ia7i.
EMBREY, ANNIE. In sad remembrance Of
NJ gear and only daughter,. ANNIE En-
life ten years ago today. March Is. isai.
i znd Y SsIDi S.SwlY I lssyin & me
And drained the cup Of bitter grief
The day saw you die:
DEVOTED MOTHER.
HAZEL. ROBERT In sad but loving re.
HELL Who deDar qee aisnsf 81: a ags
ago today. March Is, 1880.
Gone. but not forgotten.
Today recalls the memory
OF . loved one laid TO rest,
And those who think OF him
Are those who loved him best.
HOPKINS. ELIZA FRANCES. A tribute az
ELIZA FRANCES HOPKINS, who passed
away one year ago today, March Is 1880
Loved, remembered. longed for always.
HER CHILDREN.
JONES; MARSHALL. In sad but loving re-
I MneNme5an ,S o. our Gear father; MARSHALL
ago today, March IS, i932.
He went away in slumber,
peaceful slumber sleep
Hes now among the number
OF those He loves 70 keep.
Els LOWING CHILDREN EnWAHn
JONES. EDITH WELLS, ESTsExiE JOIN.
o t tsshs Ga smile p 10. q me from hsay:n;
That may meet you. dear grSndfathex.
L9SyIsc SSSSpbtA60SozzffSRRS. ii inns. rrEA-
MAHoNEY,. BERNICE. In loving reueu-
pTSncs O. CUR dear daughter and sister.
NE one year ago today, March Is, 1880
ahFn1f sI~ -
:. You cheered Us through darkest DAYS.
10Y mace Enis earth seem Ike heaven
You left a memory fair and sweet;
Its frasrance viii never die,
x1 When ME coz %ss ss shlo5t y6 pure S and
You have brought US nearer to Jesus;
And some day We hope to meet you again
THE FAMILY.
MALYAN, LOUIS B. In sad but loving re.
and grandfather. LOUIS 3. MALVAN. Who
DIED two years ago today, March -, 1e3e
Earth. that nourished thse, shall claim
L1 TnN / WIFE y. ooRNELH e; son, nm.
TER, LOUISE ALLEN.
ROSE, MAGGIE r. In remembrance Of nv
devoted wife, MAGGiE r ROSE. who de-.
parted this life twenty years ago today,
loving thought, true and tender.
Just TO show I still remember
HER DEVOTED HUSBAND, GEORGE W.
TI ~ SGEFPET 9sER REsIEr n ISy.ng memory
years ago today, March Is, 1928.
WANDER. MARY M. In sad but loving re-
Who our pear aOiasf is NARY s to a.
years ago today. March IS. 1877
HER CHILDREN.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13

Britain expects a record pleasure
boating season this year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13

sMEDLKY, ANNA MARY, on Friday, March
1 1881: a h h re.idssppss, sds2 ~ 81 q
Notice OF funeral later.
iss klG RteHRt 5 5sSG5sass S Hsv:a
TunsraH Rom H Sis a seiHeE nss
st: seq on Saturday. March II, et also
srnsns ssss aSS f osSss.iE nsi'sa
sTARKE. CECILIA ASHTON. On "wednesday,
T RR u dE essi e ssE ESsifgsFRSsfI ss s.
Clarence A. and Mary Q. sEarke OF
y ssssts Of wsysI asn Ma, s snS i SPs.
Elizaseth J. Hood Of Silver sprine. Nd.
ssO + is as :. H s:sy CO.
arday nF Msrs Church r waysi6e' Md Sat
stiles stiles: EETTy IRVING. On "wednesday,
Conn: ave. nv. Apt; iO7.- HETTY fRvfNo,
E E1aGg q , Albert Wilson Sue ssinsnt
Friday afternoon, March 70.
THOMAS: ELLEN. On THURSDAY, March
1 II; 1891: at Freedmen's Hospital EfLEN
jones' Sister Pet If TSshsE Of Ilansss
yS9,nasSsa, and many other rslstsVss and
sa Nd tgSsT q sAsSsI and sSs SIS:
THOMAS. JOHN EDWARD. The Elder Mems
Sfaher JoaN Ep hNR9Rass' r ss sssh OF q
Iusssaay, March 10, 1881. Funsrai Sat-
nEday. March u, from his late residence,
Douglas Park Station, Arlington, Va, al
!. &. BuRILs. s.cHiz; Il. MAYOR Pres.
TWINE, WILLIAM n. On wednesdav.
March II, 1881, at FTeadmei's Hospftsi
WILLIAM H.. TWINE. the beloved son Oh
devoted husband Of lola r Twinsi ine lov Inc
brother Of DR.. Charles A. Irvine. Mrs. Ma
ME Twine Adams and Mrs. Ida E Ponton Of
Atlanta. Ga. he leaves two nepheWs and
and friends to mourn their loss. Rarnains
resting at his late residence, sos + 81. NV.
FUNERAL Sunday, March Is, at / 80 b IN :.
from Metropolitan A. NJ r. Church. II I'll
and and dEi invited. Rev. W. H. Thomas
WALKER, FRANK d. On Thursday. March
y WALKER beloved son OF James T. and
Mary 9. walker. aged years. Funeral
services at his late residence, sos 18th Ell
SSw: on saturday, March IL. at 2 pm.
at CONVERSATIONAL Cemetery.
WILSON, HARRY WHITMER. On sunday,
son, beloved son Of Mrs, Prank 81 Moore,
age9 % years Funeral from the residences
o. his mother, 900 Kearney st ne on
SATURDAY March II, at 1850 pm. Reiatives
GSno irienos invited. 1nterment Cedar Xiii
WRIGHT, AMELIA MAHR. On ThuYadax.
widow Of Harry 8. wrishtI Rsmaln:
resting at the funeral pariors Of AiYnus
X. Speare, 1928 Conn. ave. Funeral gat-
uroay' March IL. at IL am.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13
JOHN RABBIT RITES
SET FOR TOMORROW
Funeral will Be Held at Home of
His Sister, Mrs. G. r.
Chambers.

Funeral services for John Francis
Rabbit, SIS years old, who died at his
home, 1909 North Capitol street, We'd
nesday, will be held tomorrow after
noon at 2 o'clock at the home of his
sister, Mrs. Charles r. Chambers, 1895
Stephenson place. Burial viii be at
Glenwood Cemetery.
Mr.. Rabbit was a lifelong resident
of Washington and had for many years
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13

Arthur Baumgart, balloonist of Ber-
lin, Germany, claims to have invented
a new method of flying by means Of a
gas balloon and small wings" attached
to the arms and legs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-13

ROSE, MAGGIE ?. In remembrance Of ny
devoted wife, MAGGIE r. ROSE, who de-
parted this life twenty years ago today,
March Is, 1911.
A loving thought, true and tender.
Just to show I still remember
HER DEVOTED HUSBAND, GEORGE W.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-01
Truly WatsOnian

Senator Watson comes home to Indiana,
changing somewhat the note Of his song, but
bringing assurance that American standard
of living can never be maintained by Euro
pean wages"
A few months ago, Watson stood in the
senate chamber and defended the high tariff
measure with the declaration that he knew
that within thirty days it would bring back
prosperity.
Now the senator says that we should be
happy because conditions in this country are
better than in other lands. He makes no more
prophecy concerning the exact date when we
will reach that particular corner around
which good times are supposed to Turk, ready
to spring upon country fast losing hope.
Just how the American standard Of living
can be maintained without any wage for
nearly seven millions of workers is another
hiatus in the public pronouncement of the
Indiana leader.
Some thousands of men and women in
this city, already out of work, had hoped
that there would come some definite plan
for giving work More thousands who fear
IOE LHelE JODS dIG SNcu lIIOIC 1lIICL CoCCO III
learning what the government may do next
winter to protect them in their jobs by Gre
ating work for those now out of work.
If there are plans in the mind of Watson,
leader of the senate, they are secret plans.
The morsel of consolation is that the
iobless man in this country is better off
than starving Chinaman or ragged beg
gar on the Thames embankment.
True, the Chinaman starves because his
country is impoverished and without re-
sources The Briton begs because his land is
without food or money to buy food. In this
country the worker is on the breadline be-
cause food is too plentiful and material
wealth beyond imagination.
But the senator says he has abiding
faith in Herbert Hoover" That is truly
Watsonian. When all the rest of the land
had such faith, he had doubts. When the
rest of the land has doubts, he has faith. Just
like jim.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-01
Children Get the IohS

Abolition of child labor, which used to be urged
as reform measure for the benefit of young people
is being insisted upon for the sake of unena-
poyed men and women, and it is going to be inter-
estlng to watch whether more is accomplished with
this new and impeling motive animating the fight
The United States childrens bureau reports that
in twenty-three states alone 100000 IA and 15-year-
old children left school last year to work because
of necessity; while the number of unemployed men
and women exceeded 100000.
Accordingly, the Presidents unemployment COM
mittee will begin a radio campaign this week. urging
that children of school age be kept in school.
But this winter where young person is able to
get job of which unemployed father or mother
has been deprived, that child probably will leave
school as it did last winterto keep the family from
starvation or charity.
Child labor never will be cured, the childrens
bureau said few months ago, until every family
has an assured income. In other words though it
did not say So child labor will be cured until
everything possible has been done to prevent unem-
poyment, and insurance funds have assured steady
income for those occasionally out of work
That means long fight ahead. In the mean
time, whenever a breathing spell in the pres
ent struggle to keep people fed somehow through
the winter, it undoubtedly would be wise to fight for
ratification of the child labor amendment to the
Constitution
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-01
Cutting Taxes

If there are useless men or women in the public
service. they should be discharged
But the suggestion that those who are perform
ing real service, who needed to the orderly
processes of fe should be put on reduced wages is
wrong in principle and wrong in policy.
The property owners quite properly exercised
over the tax rate. They should have been exercised
during the years of plenty when waste and extrava-
gance added to huge bond issues on which interest
is now being paid. But that is all in the past.
Every argument of self interest demands that
wages be maintained and not reduced during this
period of hard times, caused by loss of purchas-
ing power.
The wage of those who do the real work, the
teacher the policeman, the fireman, the clerk, the
stenographer should be kept at a standard high
enough to furnish an example to private employers.
President Hoover has declared against wage cut
ting Every economist has declared that such prac-
tice leads to disaster Industriaist and labor leader
ioin in this theory, although private business may
not always follow it,
Tax burdens can pe reduced if some of the waste
is eliminated Such expenditure $4,000 for wash
ing the state capitol was monstrous in these times.
t. would have been less harmful had it been done
bv hand instead of machines rented by foreign
corporation.
There is waste in buying in public institutions.
There is waste in the higher bracketed salaries.
There is no waste in paying conscientious worker
a living wage.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-01

up the depression deficit by paying more taxes the
government pays the rich in the form of interest
and caps the deal by exemptng the big bonds from
ordinary taxes.
Earlier this year the same administration fought
against soldiers bonus bond issue with the argu-
ment that large federal bond issue would ruin the
private bond market, and draw off the funds which
should be going into industry and construction
through private bond issues If that Hoover-Mellon
argument true then, it is true today.
Third, is the moral cost. Last years federal
deficit was almost billion dollars On the basis
of this years record date it is estimated that the
current annual deficit will be upward of one and a
half billion dollars, or two and half billion dollars
for the two years.
If there is such thing as political morality, we
believe that morality dictates pay-as- you-go pol
ICY We believe it socially dishonest for the richest
nation in the world-at the end of the highest period
of prosperity ever known at any time anywhere-to
load the next generation with debts resulting from
our own governmental extravagances and private
greed.
When great Britain faces deficit of a mere
$6OOOOOOOO it overthrows the government to force
balanced budget in advance But when the United
States discovers biliondolar deficit after the fact
the Hoover administration calmly proceeds to in
crease that deficit toward the two and one-haf bill
lion mark, without even proposal to raise the
money to pay the bill.
The Hoover administration simply goes on Dor
rowing, with the easy promise that the government
of 1855 will pay its debts of 1881
II the explanation of this unwise and unjust pol
icy is not partisan political expediency we wish
some one who knows would broadcast the true ex-
PLANTATION. 1t will take a lot of explaining to con-
vince the country that this is not racket of the
politicians and the big campaign contributors
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-01
A Financial Racket

The federal billon-doar bond issue looks to us
like financial racket. Milionaires and politicians
will profit at the expense of the people and the gov
eminent
1t is vicious method by which the administration
evades its duty of balancing the federal budget and
hopes to postpone the necessary tax increase until
after the presidential election.
It is an attempt to make the next generation pay
for the foes and depression of this generation. 1t
is scheme of escape for the huge fortunes made
during prosperity, which now should carry the tax
burden of the depression partly caused by that
Recommendation of wealth.
1t is indefensibe on financial grounds indefen-
sble on economic and social grounds and ndefensble
on moral grounds.
First its financial fallacy The government has
been borrowing and can continue to borrow short
term money for less than l per cent in these times
of credit surplus.
To put out 100000 worth of twenty-fou
year bonds at 3 per cent and $S00000O00 worth of
one-year certificates at rs per cent, Secretary
Mellon proposes is to enrich the bankers and the
bondholding class at the expense of the government
which can get money cheaper.
Second, it's economic fallacy 1t increases the
EXPERIMENTATION of wealth in relatively few hands,
and thereby further curtails the consuming power
of the mass of the people upon whose purchase a
revival of prosperity depends
The concentration of wealth in the hands of the
few already is so great that they find no imme-
date use for their money. Today even banks limit
the size of deposits large is the credit surplus
Thus the rich must hold their money idle, or put
it into industry to revive business They not do
ing the latter because the immediate profit pros
poets are not large enough to suit them.
SO for many months the very rich have been
pressing the governments to take their money at an
nterest rate above the market This is precisely what
The government proposes to do now.
Instead Of the rich helping the government make