The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-18
All Hail the DenOminatOr

Ordinary fairness calls for credit where credit is
due.
Therefore, it is incumbent upon us here and now to
hand to Mr.. Herbert Hoover the palm the worlds
champion hunter of the common denomination.
After four long and arduous years, he has Gagged
the identical denomnator that he captured in 1928.
And in precisely the language he describes the
quest
The results of the catch in this great sporting
event are altered considerably by affairs occurring in
the interim. But the common denominator, never
theIess again is behind the bars
In his Cleveland address of last Saturday night
Mr.. Hoover thus described the pursuit:
I'VE must find common denomination.
IF we say that per cent of butter and 95 per
cent Of flour form the basis of that useful mixture
called bread and BUTTER then the weekly earnings
in each country would buy at retail in those coun-
tries the following total of this useful compound"
Whersupon Mr. Hoover, having corralled once
more the heet-footed denominator goes on to show
that if railway engineer in October, 1892 should
elect to apply his entire weekly wage df any) to
the purchase of bread and butter he could bring
home on Saturday 1868 pounds of that useful
pound"
In the statistics Of which he is so fond, Mr.. Hoo
yer shows further that a carpenter who desired to
family larder with only five pounds less than could
the railway engineer, thereby being still well above
the half-ton mark on the same weekend.
And an electrician even better paid in Mr.. Hoo
vers list of wage-earners, could tote through the
Kitchen door 1900 pounds of bread and butter.
obvious comparisons then are cited by Mr. Hoover
to show that railway engineer, employed in the
United Kingdom, and also desiring to go on bread
and butter bender, could display only meager 342
pounds for his weeks toll German only 271 pounds
and so on down the list to the poor Japanese who
would be compelled to stink into the arder with only
1S1 pounds of bread and butter.
Thereby, having shown by comparison that our
situation is indeed happy when compared with
the rest of the world Mr., Hoover, in 1892 declams
"Let no man say it could not be worse"
He then in his speech returns to the tariff. Now
let note the identical language of Sept IT, 1928,
when Mr.. Hoover spoke at Newark, N, j. Then, as
now the hounds bayng at the heels of the COM
mon denomination. Said MIR. Hoover:
I'VE must find a common denomination.
"If we say that 5 per cent of butter and 95 per
cent of flour form the basis of that useful mixture
called bread and butter then the weekly earnings
in each country would buy at retail in those countries
the following total of this useful compound"
But-woe to behold. AS we proceed into the for
est of 1928 statistics learn that the railway en-
gineer in the United States Of that year with his
weekly wage could buy only TIT pounds of bread and
butter, $50 whole pounds less in that time of pros
perity than he could in 1892.
The carpenter likewise suffers by the contrast and
so does the electrician.
1t happened that in 1928 coal miners and weavers
also were included in the list, being left out this
year. But then no doubt their purchasing power
has been much increased that they are all broke.
So 1t is clear that, the common denomination hav-
ing been captured twice, the citizen of these United
States who bankers for spree with the staff of life
has registered vast improvement during the four
years of benign Republican administration
Long live the denominator.