The Western news. [volume] (Libby, Mont.) 1933-current, 1933-11-09
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National Topics Interpreted - f77Il115W
by William Bruckart k<la<u3nF

tne0ry, the value OF the uoiidf "ouiu
go up and that would result In dol
lar buying more of given commodity.
have been unable to learn from any
of the folks who had hand In devel-
opment OF the
Human Factors present program
r-yJ JUST how they
will overcome
certain human factors In the situation
For instance. the value OF the dollar
may be fixed so 1t will buy one bushel
of wheat, but other wheat countries
in the world may have a tremendous
crop. They will have much more than
they can use and. naturally, the pro-
ducers will want to sell badly, so bad
ly, In fact, that they will take 70 cents
bushel for the wheat. VIII Amerl-
cans deliberately pay 81 when they
can get wheat for 25, cents. or Will
there be tariff wall built so high that
no wheat can enter this country at allf
And Ii there Is that tariff wall, how
Will foreigners buy our goods, some OF
which they obviously are going TO
want? The circumstance Is that I'M
less they can sell something here, they
| will run out of money eventually and
| cannot pay for purchases In America
| That situation will run through our
| entire structure of commerce and busi-
/ ness.
! T.
/ In fairness, 1t must be said that II
/ there can be world wide control OF pro-
| duction and IL Industrial production
can be stabilized and II employment
| remains the same, then certainly the
government can manage Its currency.
There Ia much discussion In WASH
ington, however, that the gold pur-
chase plan constitutes the first step
In q general imitation OF the currency.
On the face Of things, 1t would seem
that imitation Is certain. On the other
hand, Mr.. Roosevelt Is regarded by
many men who know him and have
known him through the years. as an
Individual who wants and will have
sound money. They are saying that
even now he is leaning away from In
fatIon because he has seen what In
nation did to Germany and what it mas
done to every other country attempt
fnr II. Sooner or later. their currency
became worth only the value OF the
paper as script or waste, or souvenirs.
rrra raox,,c -, No M dnuhf that fox
farming Is an important Industry. II
has at last been rec
Help for ognized as such by
r. Ea~m~~. the farm credit ad-
ministration.
fox farmers, 1t seems, have suffered
like others during the depression ane
have to have help. They are going t
get 1t, too, from the farm credit ad
, minlstratlon. Here Is the announce
:. ment, officially made by the Depart
ment of Agriculture:
considering silver fox raising
business that calls for long experience
and special equipment, the farm credi
administration has informed the DE
partment Of Agriculture that 1t plan
!. to make loans on silver foxes as pr
, mary security, but 1t will make sue
loans only to those operators VIII
: have specialized in fox farming, hay
= proper equipment and have shown ez
: nert knowledge In the general care an
!, feeding OF the animals. Each appl
: = cation, 1t Is added, will be considere
on It's merits, and In cases where TO
farming Ia incidental to general farm
: ing or other business operations, silve
! foxes may be considered as additions
: security, within reasonable limits"
In other words, the farm credit az
ministration has decided that sllvt
OF fox Is lust as good as horse, or
ID COW or a pig as security for govern
lie ment loan, and regional credit corpo
ne ations have been advised they ma
oy make loans on that basis. After tai
x ing with some of the Department
n Agriculture folks, am inclined to Il
be opinion that possibly the fox pelts a
as better security than some other far
ed animals. Certain 1t Is that individual
er who can afford such Injuries still ha
Its money, and they are about the on
ones In the country still having 1t.
us The truth Of the old adage that "p'
an itics makes strange bedfellows," nev
~ has been better demonstrated than U
&c der the present administration The
ra- Ia considerable comment on these &C
ne ditions among Washington observe
ne and Republicans are overlooking WI
It, mirth about the actions taken.
ave Republicans have been en1oyi
be this one phase of the administrator
yes recovery efforts" said one Republic
red leader. "Just think OF 1t Here Is
yed political party that throughout Its I
ur tory has argued for low tariffs and
nus criticized those Of us who have insl
hel cd there must be protection for no
cd Industry. That same party, hav
Ids, full responsibility for the governme
of now Is turning to high tariffs In nj
UGH Der of cases and has even gone to
ON extreme Of laying an embargo on Ct