The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1932-07-22
TheCherry
" Where with sar
We tell the truth
about many things. sometimes pre-
feundly, sometimes 1ippantly,
sometimes recklessly.


There is an old adage which SAYS
you mustn't go out on limb unless
you are willing to take the chance of
being sawed off and thus made de-
fenseless prey to the laws of gravita-
ton.
In newspaper offices there is a GUS
tom of leaving a door open" from a
tight place.
What limb the Scripps- Howard
newspapers selected for themselves
when, in chorus of 25, they declared
that the election of either Herbert
Hoover or Franklin Roosevelt would
be calamity!
They were for AL Smith, but AL
Smith is not now candidate and
having damned both the candidates
now in the running, the Scripps-
Howard newspapers are for sure out
on limb.
Of course we expect retreat and
there will be some sort of explanation
but those whose memories go back a
month will smile when the explana-
tion comes.
Newspapers are having their woes
these days. Financially, as we'll as
politically. John Frey tells of a great
store which was ordered by the bank
from which it had borrowed money
to cut down its advertising.
The story could be told of an
| other whose policies are dictated
| by banker who sits on it's board
| by virtue of invested money.
"You can't do that" he frequent
ly says-and his word goes.
All of this is aside from the case of
the Scripps Howard newspapers,
which like to look progressive, or rad
ical, or what have you, but which
pursue no such fearless, clear-cut line
of policy as they did in the strug-
Cling days of old, or while the late
E. w. Scripps and his vigorous hand
at the wheel
The Seamen's Journal tells an in
teresting story about Richard Rey-
nolds, of non-union Camel cigar
cites. Reynolds, like his father, is
"close." He bought boat cheaply in
Europe and had it reconditioned as a
combination pleasure yacht and
freighter. The pleasure portion is
lavishingly decorated and QUILTED.
But the crew-ah, yes, mates, the
crew!
What did Reynolds do about a
crew?
In these piping times of a lot of
pots with no chickens in them and a
lot of two-car garages aching with
emptiness he found that he could
sign on sailors "for bunk and grub"
and that's what the Camel cigarette
millionaire did. He even got himself
a captain that way.
The Reynolds income is only lousy
hundred thousand year, and in two
years the young man will get only
twenty millions from his late fathers
estate. But the crew is offered "bunk
and grub" and grabs it.
Well, that's not the only bunk of
fered by these piping times. There's
the bunk about "just around the cor
ner."
However, here's anorher true story
for the book.
The estate of a deceased million
aire, not Reynolds, but one known
around the world, consists mainly of
shares Of the stock of his enormous
enterprise.
That stock today is worth less
than the inheritance tax thereon
and nobody has yet been able to
determine what can be done
about it.
The estate is enormous. But the
government can't get it's tax because
it isn't worth the tax. The heirs can
get nothing because that which isn't
worth the tax would leave nothing if
sold.
All, what piping times are these!