The Washington times., 1932-02-19
Back to Business

GILBERT sELDEs Sometimes, when we see our Gov
ernment busy with schemes to relieve the depression
floating bond issues denouncng hoarders, interfering
with foreign and otherwise wasting its time, we
may lose sight of this primal obligation to enforce pro-
hbition. An item of like the present puts
things in their proper perspective and the proportions are
further indicated when see the budgets which did get
slashed The State Department. of which 1t IS the duty
if not the habit to keep at peace with the world is
reduced by million and half dollars; the departments
of commerce and of labor which work for peace and
prosperity at home, lose two million between them 1he
share of the department in this cut strikes at
the aeronautcS branch.
Homeless Hectors
Our diplomats abroad will not be we'll housed but the
rumor is that diplomats abroad do not deserve
pleasant houses which are technically American land
therefore dry) SOIL It rumored that repre-
senatives often in low cafesso why should we
give them agreeable houses?
The only distressing item in all this is that although
the prohibition unit all that it asked for because this
appropriation is for the enforcement OF law winch
presents unusual difficulties at times earlier request
providing for increase in the number of dry agents was
not granted. l call this weakness.
Service Stars
l notice that service stars being prepared for
employers who will take idle men, and I think the
idea ought to spread farther, with a horrible appre-
hension that of these days they may be giving
gold stars for valiant service in the against bad
times. AS usual the trouble is that the honors
given to people who act and not to the people who
think. Something like a service stripe ought to be
awarded to both amateur and professional solvers of
our difficulties. q might get nasty one myseE)
Proxy for the President
I believe that the Constitution forbds the President
to receive gifts and titles from foreign monarchs
have heard of Congress voting fresh honors to
q Presidents have fit accolade for the Presi-
dents stroke of genius in his courageous stand against
boarding. Prevented from doing him honor,
still honor him by proxy, and my vote goes to the
whose | have forgotten, who made most i'm
portant suggestion He said that for many years he
had been carrying luck piece golden double eagle
and that he about to deposit this twentydolar
gold piece in his bank. Convinced that thousands of
other likewise carry these delightful and valuable
tokens, he suggests that appeal to them all to put
money into circulation and multiply credit if they
have to deprive themselves of their personal good luck
Greatest Since Hamilton
1t pity that the long service and the expert
of Mr.. Ogden Mills should have prevented this
token deposor from being made Secretary of the Treas
ury. He is just the kind of need and little
mathematics proves it. If each of the ten million,
roughly speaking unemployed to deposit their luck
pieces should have nearly one-fifth of billion dol
lars in the banks and this would create credit of
about two billion dollars.
Mighty Small Change
Had this regrettaby unidentified individual succeeded
Mr. Mellon Mr. Mills place should go to the like-minded
red more small change than they need for their daily
He proposed that this of cash be de-
posted AS my bank informs me that the cost of every
transaction deposit withdrawal, is about two cents,
little bit afraid the net profits might be in the red