The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1934-12-14
not be anxious to take on such an un.

& ADuS II tuS WOTlu court prOIOCOl COulO
be approved, the first step would have
been taken, and. no one need be sur
prised If the United States should ac-
tually enter the League of Nations
along about 1887, II conditions still
seem suspicious from the White House
viewpoint.
Seek Borah's Scalp
It Is rather interesting in this con-
nection to note that Senator Borah
comes up for reelection in 1896, and
that the present plan Of the New Deal
Is. to take his scalp in that fight
Idaho went overwhelmingly Demo
cratic last November. It not only elect
ed a Democratic governor by a ma
jority of around 17,0OO-yery large for
such a small state-but elected two
Democrats to the house. All the dope
prior to election had been that one Of
the former Republican members, de-
feated in the Hoover debacle Of 1882.
would come back.
In addition, Idaho elected a tremen-
dous Democratic majority Of each
house Of its legislature. So the New
Deal organization in the state Is all
set to retire Borah to private life. So
that there Is little doubt in the minds Of
New Dealers who believe they can beat
Borah that ratification Of the League
Of Nations covenant would be much
simpler If postponed for a couple Of
years.
A glance v e the old roster of e n
ators who broke Woodrow Wilson's
heart and kept the United. States out
of the league shows but few are left.
Brandegee Of Connecticut, Knox and
Penrose Of Pennsylvania, Fernald Of
Maine; Shields of Tennessee, and
Thomas of Colorado, are dead. So is
Henry Cabot Lodge, who, though not
an irreconcilable, Unanswered the fight
that killed the treaty.
Fall is very much out Of public life.
France of Maryland just was defeated
in an attempt to come back. Freling-
huysen of New Jersey tried in vain
to come back In 1890. Hardwick of
Georgia, and Poindexter of Washing
ton, are interested in other things.
Sherman Of Illinois moved to Florida.
Moses Of New Hampshire was beaten
in 1892. Reed of Missouri, the bitter
est Of all, thought about coming back
last time. but voluntarily decided
against bothering.
The elder La Toilette is dead, but
young Bob is in his place and seldom
goes counter to any of his fathers idea.
Which leaves Borah, johnson and
Norris, of the old Battalion of Death"
Government Housing
Public Works Administrator Harold
L. Ickes, secretary Of the Interior, and
although not n Of the radicals who
hopes private industry will collapse
under the New Deal and thus produce
something akin to socialism, Is some
what premature from the real Roose-
welt viewpoint In his ideas about gov
eminent housing.
! For example, his comment that
would-be home builders should be sup
| piled with money at 3 per cent.
Although just a few weeks before
the President had said 5 per cent.
Again, his thought Of the government
itself lending all the money needed for
new home construction. Whereas, the
President is hoping vigorously that pri.
vate capital will supply not only funds
for this purpose, but for. refinancing
old mortgages.
A little thought on this striking diff.
ference between Roosevelt and Ickes.
throws q considerable and very bright
light on the whole idea underlying the
New Deal. Especially, If it is taken in.
to consideration with various things
Roosevelt has said about capital.
The President has long believed tina,
one Of the worst features Of the Old
Deal was the big profits that resulted
in piled up SURPRISES" Why? Be
cause big profits meant huge returns
on already big fortunes, which returns
were reinvested. This too large amour,
Of reinvested capital-income which
the people receiving it could not spend
but attempted to put out at a profit
was, Mr.. Roosevelt believes. one of tn.
fundamental causes Of the crash IL
1929. and the depression. which. aftel
causing it. continued to get worse.
Cause of Depression
There has been much talk about thu
stock market crash causing the depres
sion. Mr.. Roosevelt knows better thar
that. So. do most of his advisers-bu
not all. The President believes wha
caused the depression was the pouring
of excessive profits. over a period o
years. into new factories and plant!
Of all sorts. Until finally there wa!
capacity to produce far more-some
times ten times more-than the peopl,
could consume.
Especially as too large a %percentag,
of the prices paid for a. articles wen
into proft-that Is into ~reinvestmen
in the final analysis-instead, of int,