Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1931-02-05
This Week
~ ARTHUR BRIsBANs
Old-Age Pensions
Why Not Hunt Gold?
Bad News Comes Out
Making Flying Safe =

4AA6 oA~
Calvin Coolidge has written his
opinion that old-age pensions are not
advisable. Says he. "What self
respecting people really needs Is not
system of old-age pensions but d
population made sufficiently skilled
by education and sufficiently con-
trolled and well disposed by the help
OF religion. SO that old-age pensions
would be superfiuity. Unless real
reform comes from within. the prob
lem will never be solved"
/ Education may some day provide
! for old age. Meanwhile, what self
respecting old people want Is some
| thing to eat, and place to sleep out
| side OF the poor house.
| They have plenty of religion, but
can't eat it. unfortunately.
After you have taken all the work
out of an old horse. you should either
knock him on the head or feed him.
After 1t has taken all the work out
0f~oid men and women, their country
can't knock them on the head and.
therefore. having had their work, 1t
ought to feed them.
The world needs more gold, and
may get 1t. France and Uncle Sam
now control the worlds supply, France
with the highest per capita gold re-
serve. Hard times have sent pros
their good times easy Jobs" In cities
having vanished You see more and
more OF them travelling the western
desert country, each. In his years Of
prospecting, probably passing great
fortunes dozen times. To prospect
is one thing. to find Is another.
These men often spend a lifetime
without reward More money has been
put into gold mines and gold hupting
than has ever been taken out But
even the oldest prospector never looks
discouraged. Hope Is back OF the sun
burned face and gray beard. and for
: tune Is always just ahead You needn't
feel sorry for him. Trying Is the only
thing in life worth while-possession
: Is nothing. And he Is trying. and full
OF hope. 4 young gentleman spending
! his dead fathers money In fashion
| able gambling house might well crvJ
the old prospector seeking grub
y stake" for Just one more trip.
Wise men that invest In American
q values, foolish people that gamble II
those values, will probably be deceivet
= as to real conditions during the mex
| few months.
The bad news of 1880 will come on
i now. In the corporation reports show
$ ing what happened, profits down
gloomy change In earnings. And thi
> will frighten those that do not renllz
/ conditions.
Il Dozens OF these sad statements vii
come out. and the foolish will say
! Everything is going to the dogs,
| shall sell what I have" The fact
that things are coming hack, havin
: "cone TO the dogs" last year.
u IL Won are wise you will hold wha
you have.
II The healthy man has his little IL
= nesses. Uncle Sam has Just had Ill
The situation Is described by otto /
q Kahn, accurately, thus: In re-
years we shall look back and find
hard to believe that the best America
Z. properties once sold at today's rldlcl
= lous prices"
III TeIevislon, which means aseer
affair" has its real beginning, and
the usual way. Men made tools
q bronze to kill each other more easl
than with fiints, and the iron age can
" to supply better killing tools. No
n bronze and iron are useful apart FRO
killing. Television is used to fla
L stock quotations, a Whole row
a. them. to any earthly distance In
fraction of a second, making the sto
10 ticker as old-fashioned as the sta
! coach. Young Mr.. Vincent Asst
- catching turtles on the Galapag
s. islands, could have on his yacht
~ instrument that would show him,
~ fore any Wall street man could kn'
1T 1t, that he made a mistake buyi
sugar stocks.
III Later teleyislon will be useful APT
il from stock speculation. Some u
stein, Moses. Maimonides or Spint
OF the future may be seen and het
by the whole world standing on MOI
Ararat, sending out message
49,, vital Importance that nobody but n
self will understand.
- Gandhi Is freed by Britain at