The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1934-10-11
PRESS COMMENT


declared invalid by judge in
Maryland on the grounds that 1t
tends to confiscate the property OF
the creditor and also that it in
vades state rights.
The decision is not especially
significant because this case and
many other cases involving much
of the socalled new deaP legis-
lation will be before the supreme
court this fall for final rulings.
Federal district courts all over the
country have been ruling both
ways on many of the experimental
laws passed by the recent con-
gross.
Whatever the supreme court fin
ally does with the law, it is not OF
much practical benefit anyway,
Only a few petitions have been
filed under it in this state, and
none at all in this county.
Private agencies have offered as
good or better settlement than the
law provides, and one of the es-
pecial hardships of the law Is that
the debtor is required to pay 100
per cent of the appraised value Of
his property in five years, which
could not be done except by REIN
ancing, and refinancing Of 100 per
cent of appraised value or even 80
per cent of appraised value calls
for a loan more liberal than any
thing now generally available.
Bankruptcy is a proceeding
which allows person to write off
his debts and start new. 1t is one
of the methods Of promoting recov-
cry following a depression. The
impractical feature Of the Frazier
Lemke plan Is that it does not dis
charge the debt but leaves the
debtor with a burden Of debt
which it would be almost imposs-
ible for him to lift.-Morris Trib-
une.
That most sickening of all Holly
wood moving picture actors, who
some time ago walked out on his
actress wife and hied himself to
England to play around with a lady
of the nobility until her husband
sued her for a divorce, Is now
back in Hollywood, having left his
English light-o'-love to face the
messy divorce scandal alone. We
saw his face with it's perpetual
puky smile in the daily papers
yesterday and with difficulty kept
from gagging. We'd contribute
to pay some big bruiser to smear
his smile all over his pan. II the
southwest breeze brings skunky
smell this way, we'll know where
it comes from-Truman Tribune.
HaS
Faced with grave obstacles, such
as we are today, many of us have
reason to question the future for
ourselves and for our country. Re
Gently, an interviewer asked Henry
Ford whether he had faith in the
success of our country in the years
to come, and affirmatively, he was
answered, being told that the fun
damental characteristics and spirit
of Americanism, which explored
and developed this continent would
pull through.
If there be any who doubt such
prophecy, let him or her recall
the story Of America. Despite Sc
we're tests, the men and women
who created this nation lived and
sacrificed and died for an ideal of
human freedom which has gener-
ously expanded with the years, pro-
viding us with a noble heritage Of
accomplishment and a basis of
hope for future greatness. AS
long as we, the heirs of this ira
dition, be unafraid to struggle to-
wards betterment, we shall tri-
umph over the temporary obstacles
that beset our path at this time.
With strong faith in the present,
and a courageous conviction in
the future, we dare not fail to ac-
cept the responsibilities of further
ing the ideals that were handed
down to us from other generations.
and the vast obligations to provide
new generations with a finer OPP
portunity than we have known
In such a conquering spirit, who
would hesitate to look ahead con-
fidently, and labor hopefully in
these perilous times i-Murray
County Herald.
During the summer months
those warnings you see on county
roads and on city streets, School
Ahead-Slow Down. or School
Ahead Watch Out!v mean little