Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1933-07-20


that they understand It 10. a. all
Possession Of money arouses fears
usually imaginary.
You learn With mild surprise that
Eaglishmea are afraid that their
money viii follow the dollar and slide
downward" and they are sending their
money 10 the continent 70 BE changed
into other money that they think viii
stay up"
Al the same time. some Americans,
afraid that their dollars viii slide down
too far. are changing them into Eng
nsh pounds. convinced that England's
old money will weather our storms and
tenpests better than the newer dollar.
At home II is the fight from the
dollar" in England II Il '-the fight
from the pound" Those that ny are
foolish. especially those who lost faith
in the dollar.
We do not worry about money that
may be used on the planet Mars, for we
do not buy anything on Mars. Why
worry about money used in Europe
when It Il not necessary for US to buy
anything in Europe. Asia or Africa
The dollar viii buy anything in the
United States, will pay any debt or tax
in the United States. What better
money does anybody want, If he can
get enough OF it?
And what could be more desirable
than making the dollar more plentiful
10 encourage the prosperity and bust
ness Of the country?
Europe, following President Roose-
Telts message to the effect that this
country wiz attend TO its financial bust
ness, seems to realize that the United
States has resigned as paymaster and
general factotum for lands across the
Atlantic.
The Paris newspaper La volante.
meaning The WILL" which has some
Importance, remarks that Europe is
being pushed toward economic self
e0ntainment," and thinks 'the Amer
lean attitude must open our eyes" It
should do 50, to some extent.
Former Prime Minister Of France,
Herriot. writing in his newspaper THE
New Era" appears to possess an IN
usual grasp Of world affairs outside the
limits Of the old Paris Notifications.
While other Frenchmen demand
that continental Europe go ahead with
cut the rest OF the world, Herriot says
1T Is joke to speak of a European
front against the United States, with
out Great Britain, without Germany,
without Russia"
He observes also that Great Britain
would go with the United States, be-
cause IL Great Britain did not, the EN-
pire might have a break with Canada
and Australia.
Senator Norris. queer Republican
who represents those that vote for him,
had to wait for Democratic President
before he could win his fight for Gov
eminent exploitation Of Muscle Shoals.
Now, after tour through the st. Law
renee region. he comes back to de-
nounce the power trust" and railroads
for opposing the St Lawrence water
way development He says 1t would
save users Of electricity in New York
State hundreds Of millions Of dollars
annually, and cut the cost of electricity
at least 80 per cent. That program
would b welcome to all but a few.
It will be interesting to see whether
Senator Norris can win this time, as he
did after his long fight at Muscle Shoals.
The st. Lawrence waterway, in addi-
ton to supplying cheap light and pow
or, would help the Middle West farm
ers By cutting the cost OF transporting
grain to the seaboard, which means, as
Senator Norris said. "the difference be-
tween red ink and black ink for the
farmer"
That waterway would give New York
State 100000 horse power Of cleo
tricity as cheap a. any provided on this
continent"
Senator Norris Is great nuisance to
some OF our best minds" but the peo-
pie are glad TO have him around.
Government tells farmers to reduce
wheat acreage twenty per cent, tells
the cotton men to reduce. Suddenly, 1t
discovers that this years wheat crop
will be the smallest in forty years; the
oat crop the smallest on record. That
may explain the sudden rise in grain
prices. Spectators knew what was go
ing to happen before the Government
knew.
The Government win Investigate,
regulate. and. II necessary, direct oyery