The midland journal. (Rising Sun, Md.) 1885-1947, 1933-04-28

OhAhPAh6 0AOhS Oh q AOoSA AOhN spa a.
killed. with demands for currency ex-
pansion as a means of restoring agri-
culture.
The mortgage section of the admin
istration bill is almost certain to have
the approval of the house.
In anticipation of the passage of the
bill, Henry Morgenthau, chairman Of
the federal farm board, is getting his
department fully prepared to speed the
actual application of the relief.
Some delays in putting into effect
all the credit relief facilities planned
by President Roosevelt and Mr.. Nor
genthau will be occasioned by reason
of the fact that the consolidation or
der under which the President Joined
all farm credit activities doesn't be-
come effective for a period of about
six weeks.
But Mr. Morgenthau has reached out
into the other agencies which soon
will come under his head, and as soon
as the credit bill becomes law he ex-
poets to bring about prompt organi-
cation of the work of issuing Az per
cent bonds to be exchanged for the
present farm mortgages averaging
higher than 61s per cent
President Roosevelt is reported to
be firmly of the opinion that the big
gest help that can be given to the
farmers at this time is a loosening of
their credit. Once the farmers debts
are erased, debts contracted when land
values were high and crop prices up,
it may not be necessary, in the opin-
ion of many of the administration adj
visers outside the group controlled by
Secretary of Agriculture Wallace, to
resort to price fixing and allotment
schemes, to help the farmer.
a 2-CENT postal rate within cities,
1 retaining the Scent rate for in
terdistrict postage, Is recommended In
a plan for balancing the post office
budget submitted to President Roose-
welt by Postmaster General Farley.
It is Mr.. Farley's hope that by in
creased postal revenues and program
of economy. to balance the budget.
which at the present rate is running
into an annual deficit Of 1882, 100000.
The postmaster general said he had
received opinions that If the postal
rate is cut the volume Of business will
be so restored as to yield greatly In
creased revenues. and he added that
some advisers felt that fiat 2-cent
letter postal rate over the country
would bring in enough revenue to ball
ance the postal budget.
The postmaster general also dis
closed study is being made on wheth-
er the department shall continue the
heretofore, somewhat farcical practice
of giving examinations to first and
second-class postmasters.
EDUCATION, literature and religion
IL lost one of its most distinguished
leaders in the death Of DR.. Henry Van
Dyke, wartime ambassador to the
Netherlands and Luxembourg. He died
in his sleep at Avalon, his home in
Princeton, N. J. He was eighty years
of age.
DR.. Van Dyke had succeeded. as one
of his friends said as ''poet-critic-es-
sayist-novelist. Observation-Disclosures
man-pulpiteer." DIR. Van Dyke resigned
his diplomatic post in 1917 so that he
might say what he thought about the
World war.
Holding degrees from several Amer
lean universities, he also had been hon.
ored by Oxford and the University Of
Geneva. He was commander of the
Legion of Honor, had been president
of the National Institute of Arts and
Letters, was moderator Of the general
assembly Of the Presbyterian church
in America in 1902 and 1903, and from
1900 to 1923 held the chair of English
literature at Princeton university.
THE immense Importance attached
L to the Washington conference by
the British is indicated in the person
mel Of the party accompanying Premier
NFoonAnoll NJ