The Washington times., 1933-12-07
Hard Mems Money

"The hard money of hard men, as Mr.. Hearst called it
the air the other day. has been defended if it
the Ark of the Covenant sacred in ITSELF not because it
bringing gain to certain individuals. I thought it
proper to ask the question without implying
If it is true that hard money today of benefit to
and does special good to anyone, would like to
hear that stated-and even more to see proof.
My new question is also in economies It rises out of
che frequently made statement that the American people
in debt to the amount of 200 thousand million dollars
Figures vary few going below $50 thousand million
high 28O thousand milon) The general theme that
put forth the figures with emphasis because, they the
breakdown of the hard money of hard will the
burden of debt And steadily during the past few weeks
have read the argument that if we 'owe dollar
It to and that therefore the American people
creditors for 200 thousand million dollars making us al
most as rich thought
Who Owes What?
So it seems to me legitimate to ask that someone who
knows how shall get to work and find out exactly how
many people how much to how many creditors. Be-
the argument isn't much good 1240OO0OO Of
the whole debt to million of If all of in
debt to the fact that the credi
tor would hardly make sleep calmly at night. If
bonds and the rest of have interest and principal
In overvaued dollars worth than when promised
10 pay them what with bringing them back to the
level at which we contracted the debt7
Count the Pawnbrokers -.-
It is often said that the money another I'd
like figures that Are there as many tenants land
lords in the financial sense? Are all bondhoers and
mortgage holders, we'll borrowers? Is there pawn
broker for every single pledged sckpn silver cup set of
teeth and accordion in the pawnshow windows The ques
tions begin foolish and wonder what the will
be- Once have heard it said that only farmers bene
fit by nflatonthe figure of nine million people crept into
the argument there That at least definite But want
information.
Some Plays, Today
It is the experience of everyone connected with the
theaer that ga great idea for play" does not make
great play It makes only idea. On the other hand,
you win tremendous in the theaer with ideas
which at all ''grea for the theater Notably,
this year. farce called She Loves Me Not of the
funniest entertainments in generation yet its idea is
almost nothing: runaway night club dancer, supposed
to be able to identify gangser murder is hidden and
protected by few Princeton boys Out of this which made
reasonably amusing magazine serial Howard Linday has
made play which is unreasonably funny.
He has involved in its everything from Communism to
the supdtes of newsree statements from angry Senator's
from the movies to high finance and he has staged and
directed it that with its momentum, tearing
through the walls Of the theater like cyclone of laughter
It's only competitor this year is Saior, Beware!" which
had the great ideas An irresistible force meeting i'm
movable bodya sailor who has been refused and
girl who has consented
For further recommendations 'The Dark Tower" I
suspect that the authors (Kaufman and Woolcot) have
made too much Of the hope that will not identify the
murderer the truth is that this hardly matters and that
the comedy, particularly played by Basil Sydney is
agreeable the murder highly necessary and the detective
who hasn't time to be "relentless' is perfect.