Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1932-11-18

| BLTeuBIH-
While Mussolini celebrates his sue
eessful rule. another powerful dictator,
Stain of Russia celebrates fifteen
years of Sovietism with $4,000 troops
parading in Moscow's RED Square"
Stain and his chiefs sit on a review.
ing stand, cheered and cheering. Be-
low them, his body preserved against
decay, lies Lenin in his mausoleum
that millions of Russians visit as they
once visited the tombs OF saints.
Lenin would be delighted, perhaps
surprised, to see that successful pa
rade after fifteen years.
He would see millions Of young Rus.
SLAMS in and out of uniform, taking
Sovietism for granted. knowing Cars
and religion only as an old tradition.
The whole performance was watched
by a japanese gentleman named
Yosuke Matsuoka, Japan's special dele
gate to the League of Nations.
The Japanese are excellent lob
servers"
All through the big war, their mill
tary, naval and aviation experts lob
served" learning all they could, and
wisely keeping out of 1t.
This column asked recently, what
difference does it make whether the
Government signs its promise to pay
on yellow paper called bond, bearing
interest, or on green paper. called
| currency and bearing no interest,
since all the Government has to offer
Is Its promise to pay? 1t already has
promised to pay more gold than there
is in the whole world. Why is not
the promise to pay on green paper
as valuable as it would be on yellow
paper, provided the Government did
not promise more than It could pay?"
One OF the ablest bankers in Am
erica writes: Paying the soldiers
bonus by issuing currency would de-
! stroy all confidence in the currency.
If the Government gives indication of
yielding to the temptation of issuing
large amounts of fiat money, the pub
/ lie will instantly reject the currency.
| There will be rush to convert it into
gold, thus forcing the country off the
gold basis"
That opinion comes from high au-
thority, but still you ask, without ad-
vocating or decrying payment of the
bonus. why must the Government
insist on paying s1OO.OoO,OOO a year
in interest when it can pay If it
chooses in nice new money!"
Whoever thinks that the public
would instantly reject the currency"
should give the public trial Why
is it better to. put out more bonds than
you can pay than to put out more cur
rency han you can pay? &
The average mind does not under
stand it,
Paul-Boncour, French Minister of
War, has new plan to keep Europe
peaceable. He would have a Euro
pean army" with a European general
staff. This army and staff would be-
come active whenever the peace of
continental Europe might be threat
ened
An interesting suggestion, but all
would depend on who might be boss
OF the general staff of that European
army" The League of Nations, as
Lloyd George has said, is fading
away" because it is simply the instru.
ment of two big European powers,
with other members of the League a
mere chorus.
The real plan for Europe would be
United States Of Europe" such a
union OF states as we have here But
that will not come in another thou
sand years. Races, languages, religions
and ancient feuds make it impossible.
A suggestion for American railroad
managers comes from Berlin, and Ger.
man roads are not to be despised, for,
a. 1t happens. Germany runs trains
faster than anybody in America runs
them, and even makes a success Of
government railroad ownership which,
We are solemnly assured, would be
impossible here.
The new German idea is "a trip into
the blue" which means a journey into
the unknown. For $3.50 you buy a
ticket. get on the train and start, not
knowing where you are going. The
trip always includes interesting places
and the railroad pays for everything
food included. but not beer.
The idea has spread all over Ger.
many. The average excursion consists
Of 800 passengers at $3.50 each.
Twelve hundred dollars is a sum
not to be despised when translated
into marks.
. 1872. H"s Fssvss Sy~g,s4f.. ~.