Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1932-12-15
This Week
BY ARTHUR BRISBANE
Third Place for U. S. A.
Half Inch at a Time.
Puzzling High Finance.
The Brains Queer Life.

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Secretary of the Navy Adams says
our Navy is in third place. We lag be-
hind, Japan and England forge ahead.
That is not the worst of it. In the
air, we are nowhere" far behind Euro
pean nations in everything important.
our engines weaker, speed less rapid,
climbing power of pursuit planes pitt
full, and in numbers our fighting fleet,
compared with that of France, for ex-
ample, is a joke. We have the men,
money and need, but not the common
sense.
Some of the money that Europe owes
us might we'll be used to buy an airfleet
and few submarines, unless, financial
institutions and ether corporations"
should need and get 1t all.
Those that demand cancellation Of
foreign government debts tell you SOL
EMMY that prices Of all products have
fallen disastrously, because Europe
owes us SO much money. They do not
explain the fact that the drop in
prices, here, is greater than in the prin
cipal European countries. And they do
not give any good reason why taxpay-
ers Of this country should pay for war
started by our European friends.
Japan is kind enough to give United
States delegates at Geneva, q new plan
for reducing ornaments.
Very thoughtful, but does this nation
need suggestions for reducing arma-
ments from anybody?
We didn't need them when we had
100000 people here instead Of 1885,
100000. What makes us need them now?
Why not simply tell other nations
eve know what this country needs, and
intend to have 1t. We are perfectly
peaceful, have only friendship for all Of
you. But we don't need any advice
about protecting the United States.
And we invite you to come here. look
around, form your own opinion of what
would happen to any country attacking
the United States.
A kind hearted man whose dog had
long tail not in the fashion knew that
he must cut on the dogs tail, and hadn't
the heart to cut it off at once. So he cut
OF half an inch every day.
That is what kind-hearted Germany
seems to be planning for some of the
private American lenders who sent her
hundreds of millions recently She now
asks cut in the interest rate, which
would mean a sacrifice of $4,000
year by the United States lenders.
That is the first half inch OF the tail.
The United States is expected to bor-
row from eight hundred to thousand
million dollars this month, as part Of
its financing" This is done by issuing
notes that pay interest, not by issuing
currency, therefore it is not Imitation"
But il banks customer were adding
to his indebtedness. the bank would call
1t imitation, no matter ON what coIored
paper his promises to pay might be
written.
When the Government puts 81 prom
Use to pay" on yellow paper, bearing in
terest, as it has done on more than
twenty billions worth Of such paper,
that is correct finance" II 1t wrote
and distributed five billion dollars
worth Of II promise to pay" on green
paper bearing no interest, that would
be dreadful imitation, although the peo-
pie would save $2eC,000,00O a year in
interest, and often, as we saw recently,
$500 Of the green paper would buy
$4,000 worth Of the yellow paper. All
very confusing, for the financial igno-
ramus.
Professor Einstein, indignant that re-
spectacle American ladies want him in
vestigated and excluded as a "red,"
Communist, and Bolshevist, threatens
to cancel his visit to the United States.
He should not do that, but recalling
the sound German saying: "Es liebt
die Welt das strahiende du schwaerz-
e." "The world loves to blacken that
which is brilliant"
1t is not creditable to the United
States that Professor Einstein, apply
ing for passport visa, desiring to come
to this country as an intellectual
teacher, should be held up in Berlin by
an official Of the United States Con-
sulate and questioned about Commu.
nism, pacifism and anarchism, simply
because some dear ladies chose to in
dulge in innocent self-advertising.
1t is not probable that President Hoo
yer will allow one of the greatest living
scientists to be further annoyed, even
by respectable ladies,
Learn that after Won die your hra :,