The midland journal. (Rising Sun, Md.) 1885-1947, 1933-11-17


dozens Of men who ought to have some
understanding Of the country's eco
nomic problems. The public works
administration loan to the railroads
was the first step and others have fol-
lowed. It is move designed to make
capital available for expenditure by
those heavy industries in the belief
that those expenditures will encour-
age others In kindred industries to lay
out some of their own resources, IL
they have any. so the normal cycle Of
money flow will be restored.
There can be no doubt, of course,
that every time expenditures are made
for construction. re-
More Jobs, pair or remodeling.
More Money jobs have been made
available, and when
jobs are made available there is
more spending by those given work.
IT Is obvious that each of these add
something to the country's buying pow
er, but the question is. how muchf
That seems to be the weakness Of the
plan to help heavy industries. as It
was the weakness of other plans in
volving expenditures. While the $780,
100000 that was loaned to about twen-
ty railroads, for example. will start
some folks to work, it will require a
good many more millions to carry
that theory through to successful COM
pletion, according to the best Judgment
I have been able to obtain.
But that fact is not one in criticism.
It is pointed out merely in emphasis Of
another fact. namely. that this recov-
cry is and must of necessity be slow
process. 1t will be so slow that most
folks will lose patience and confidence
in the future. That will help never
one bit.
Let us take the railroad loan up for
consideration, again. 1t is small. COM
paratively speaking. but repeating that
which was said above: it will result
in jobs. The heavy industries after
all are the big employers of labor, and
If they are able to increase their pay
rolls in however small amounts there
will be just that much momentum Civ
en- to the wheel which must turn con-
tinuously If there is to be prosperity
throughout the world. So as the other
Industrial and agricultural recovery
programs move forward with their
varying degrees of success. the at
tempt to get those heavy industries on
their feet surely must be- considered
as unit of the general plan and one
that is highly important in the struc-
ture Of economic life.
The first payments to farmers under
the wheat acreage reduction program
have been made. The
Farmers Get first one was made
Fret PRIV to farmer in Iowa
from which state
Secretary Wallace Of the Department
Of Agriculture comes. was told at
the department that 1t just happened
the first payment went out there. All
details Of the contract had been ar
ranged and so the check went forward
It so happened, however, that Iowa
was one of the trouble spots in the
farmers strike. and the quick action
to get money out there might naturally
have been taken In hope of providing
some Of those farmers with a reason
to quit the strike.
II Is the expectation of the Depart
ment OF Agriculture that the wheat pro-
gram will result in distribution of
around $102.OOO.0O0 to the farmers.
The acreage reduction signed up will
take about 7.SO0OOO acres out of pro-
duction next year. and the payments
now being made represent about 70
per cent Of what each farmer will re-
ceive. The remainder will be paid
next spring when the farmers con-
tracts will have been fully executed
in the sense that the acre concerned
has not been planted either this fall
or next spring.
Despite their wet" leanings. Post
master General Farley and Attorney
General Cummings have had to decree
that liuuor advertisements IN newspa-
pers and magazines may not 60 into
"dry" states. They have ruled that II
is proper for a newspaper or a maya.
zine. carrying a liquor advertisement,
to circulate in state where pr0hibi.
tion is not operative under state laws.
hut otherwise the advertisement must
not he circulated.
I do not imagine 1t was pleasant
thing for ''Rig Jim" Farley to do. be-
cause II was he who fought harder
for repeal than any other high Demo-
cratic leader And possibly the action
was made more distasteful to Mr.. Far
lev because 1t was another Democrat.
slim" Reed. of Missouri. who had
sponsored the law that barred liquor
advertising from the mails when he
was a member Of the senate. Senator
Reed. always a wet. had put forward
the amendment barring advertisements
Of liquor for the purpose of 'seeing
how far the drys will CO." They went,
and Senator Reed had to vote for a
provision of law that he knew was