The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1934-06-29
BRISBANE
THIS WEEK
You Have Initiation
But Don't Worry
Flying Too Low
New Way to Travel

ZION 10 Duy fourteen nundreu mllllon
ounces OF silver. It Is announced that
the President will issue fifteen hum
dred million dollars Of paper money
to buy the silver. Conservative old
fogyism yells imitation" although IT
Is not imitation, since the money win
have silver back OF it.
1t will have more back Of it than
the governments bonds on which the
nation pays interest. Back OF those
bonds there Is nothing but a paper
mill. and the governments name.
There are no longer any gold bonds;
you can't get any gold.
Back OF the silver money issued to
buy silver will at least be silver, and
you can always buy something with
that-iR China, Mexico, India-else-
where as well as here at home.
Conservative old fogyism may as
well realize that we have left the gold
basis, and that a government bond Is
worth exactly as much as a piece Of
green paper with the government name
on 1t, no more, no less. All you will
get for any United States government
bond is pieces Of green paper, when
you come to sell it.
For your comfort remember that this
nation, which has actually lost, &C
cording TO careful statistics, more than
one hundred thousand millions Of dol
lars since the depression began, can
well afford another hundred thousand
millions to get out of the depression,
If that amount Is necessary.
This isn't any little country, or any
poor country.
One hundred thousand millions to
the United States is less than ten mil
lions would be to John D. Rockefeller,
and you know or you can imagine how
much that would be to him.
An airpIane Of the American Air
Lines" was wrecked and burned In the
-Catskin mountains, with all on board.
seven-four passengers, two pilots and
the "stewardess"-dead.
The government ia careful about in
specting planes and testing pilots. Is
It sufficiently careful about STIMULATING
the height at which passenger-carrying
planes must fly and what pilots must
do in dangerous weather?
A seagoing vessel sails IN deep wa
ter" 1t does not skim along the tops
of rocks near the surface. There Is
plenty Of deep water" in the atmo-
sphere above this earth. Is there any
reason why airplanes should skim as
near as possible TO the surface Of the
earth, frequently coIliding with noun
tainsides and hills?
Mr.. Ben Smiths travelling methods
show what flying machines can do.
He recently started around the world
with his family by floating steamer.
On the way, in Java, he thought he
would like to see the grand national
steeplechase, and few back to Eng
land from that point, saw the race and
flew back to Join his family and their
ship at an African port. Landing in
New York. he few to California, took
another plane to British Columbia,
few back via San Francisco to New
York. He thus saves months OF old
fashioned "high-speed travel"
The most important public document
since the Civil war, more important
than any act Of government In the big
war, is the message that President
Roosevelt sends to congress, outlining
plans Of his administration. The gov
eminent pledges itself to enable citi-
gems to live las Americans should
live" to provide jobs for those that
want work or, failing jobs, unemploy-
ment insurance, and to guarantee the
security of the home"
DR.. James Bryant Conant, youthful
and intelligent new president Of Har-
ward university, tells graduates OF the
Stevens I-stitute Of Technology that
no matter what social and economic
order lies ahead Of US, society will de-
mand the Injuries and conveniences
afforded by modern technology"
Therefore, two professions will sur
vive any troubles-"the engineers and
the doctors" Engineers will be need
ed to provide what people want, and
doctors to repair human machinery.
When Doctor Conant says society
will want" he means human society,
the whole race, not the silly by-prod-
uct commonly described as society"
Sailors with friends on the big ship
Leviathan are worried because that
boat went to sea with no cat on board.
To sail without a cat, according TO
sailors, is "the worst possible luck"
And, most curiously, the same sail
ors consider it bad luck to sail with
q clergyman on board. Why the pres
ence OF a clergyman or the absence Of
a cat should be dangerous to a ship
is a puzzle.
From the worldwide point Of view
the serious news is suspension Of pay
ments by the German Reichsbank,
which means that Germany stops pay
ing even private debts. 1t is not mere
" the usual default on international
debts.
Wise Paris 'fears the worst" as us
nal. in this instance, that Germany's
financial condition is far worse than
the world knows, worse than Germany
realizes or cares to admit.
q King Features Syndicate Inc
wNU Service
Driest Spot in World
The driest spot in the world Is