Red Lodge daily news combined with Carbon County news., 1933-12-20
This Week
BY ARTHUR BRIsBANE
Credit
Gold
Men Cling to Money
Eternal Leveling Power

Eternal Levellng Power
Credit and the value of money
appear to be matters of public con-
hdence. except when a nation goes
entirely crazy or becomes financial
ly crafty, as Germany did, and is
sues thousands of billions of worth
less paper.
Gold experts who "know all about
money" said President R~oosevelt's
financial policy was running United
States credit. Then Uncle Sam said,
81 should like to borrow about a
billion dollars" And the people
promptly offered him three billions
at low interest rates. Fact out
weighs theory.
A curious fact about gold and the
thing we call money is related by
B. G. Forbes.
With the government paying more
than 1874 al ounce for new native
gold, and European gold, plenty of
gold offered by jewelers. and others
for S27 an ounce could not find buy.
ers. Mr.. Forbes quotes a Jeweler.
with plenty of refined gold, 24-karat,
made from old jewelry, and virgin
gold produced by miners, who won
ders why government Will pay 1874
an ounce for some gold and won't
pay S27 for other identically SIM
liar gold.
Does anybody really know any
thing about money?
The President does, apparently,
for up to now his experiments are
working well.
Scores of distinguished Amer
leans" already possessing millions,
work themselves into the grave, al
ways adding "just a little more to
what they have, never freeing them
selves from the slavery of money
making. And they never see or en-
joy their wealth-accountants show
them figures.
Men are not so foolish In Eng
land or France. There, financial In
dependence means mental and phys
ical freedom. Here, once the har-
ness is put on, only death takes
1t off.
Vienna reports from Graz, Aus
tria, n of the greatest landslides
In history. An entire mountainside
covering nine square miles Is slid
Ing toward the village of Wienen
and authorities believe the village
Is doomed.
That Is far from us, but 1t may
interest our descendants millions of
years hence.
Mountain slides and mountain
tops are constantly slipping down,
the crumbling effect of frost and
erosion helping the work.
A million streams wash soil into
the ocean, gradually filling those
depths. Volcanic eruptions and land
upheavals do little to c%bunteract
this eternal 'levellng power"
In time, within the few hundred
million years that men still have to
go on this earth. their planet may
become absolutely round and
smooth. II that happened the oceans
would cover the earth miles deep
everywhere. and men could take
their choice of living afioat, eating
sea food or digging canals big
enough to hold the oceans and
Some scientists believe that the
inhabitants of Mars, a planet $780,
100000 years older than the earth,
have already done that. They
think they see Marian canals as
lines in the telescope.
Twenty-Five members of Italy's
senate swore allegiance to their
country" but omitted from their
oath the usual pledge of loyalty to
King Victor Emmanuel, while Pre-
nler Mussolini looked on The pres
king will probably not be dis
but many Italians believe
hat he will have no successor. Italy
nay decide to do without a king.
gratitude to the royal house
hat has served Italy SO faithfully
will long survive among patriotic
Italians.
There is the routine supply Of
murders, lynchings, kidnapings and
loldups. You observe that Presi-
lent Roosevelt wisely demands a
ow tax on liquor to discourage
'o~otlegging. The British impose
nd collect on whisky a tax more
han five times as great as has
YER been suggested here, and they
ave no b~ootlegging. But British
itizens obey their own laws and
heir officials enforce them. They
o not have our respectable citi-
en-" proud Of breaking a law that
oes not suit him, or our officials
nth hands stretched out for brides.
Mrs. Dolly Gam, sister OF former
Ice President Curtis. says IL you
ant to write a book, "just lot
own notes whanave- vo,, .hs~L