The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1934-04-27
TheCherry.
~ Where with our
roo Little Hatchet
we tell the truth
about many things, sometimes pro-
f0undly, sometimes fippantly,
sometimes recklessly. -.

1 L
A man came into this office a few
days ago and said: "Did you ever
see a time when things happened so
fast and kept right on happening so
fast 2"
There never was such a time.
The person who thinks there is
nothing happening isn't reading his
daily newspapers, and every person
ought to read at least one good daily
newspaper. Incidentally, if your daily
newspaper is omitting important
news, the thing to do is kick to the
editor. Ask him pointedly WHY.
Things happening? Goodness bless
US, and howl
In these days Washington continues
to be the foundation of big news, the
wellspring of big events.
Even DR.. Writ has to seek Wash
ington as a stage for his show
| At this moment something new is
on the horizon. 1t means much to
great armies of workers. Watch the
federal housing program. And watch
the money lenders squeal. Watch the
| big insurance companies kick. Even
the building and loans won't like it.
There are indications ones,
too-that the whole second mortgage
business is going overheard. Only
first mortgages will be on this new
construction.
| That is one of the biggest things
yet produced by the New Deal.
If you have watched your daily
news and read carefully you must
have observed that this administra-
tion seems to be driving steadily
against the institution of INTEREST.
Interest has prevailed since the first
dollar was loaned as a matter of
| business.
If you think carefully you will OBJ
serve that all interest is COMPOUND
interest, and compound interest eats
up the whole substance very fast.
That ogre is going to be hurt and
hurt very badly
But, getting back to the housing
program, not only is it likely that
second mortgages will be thrown out
Of the window, but it is just as i'm
portant to know that first mortgages
will be for long terms.
Your bank renews your first mort
gage every three years-and takes a
bite out of you every time it comes
up for renewal If the government
creates 15-year mortgages, well, how
Wall street will howl!
Those who thought Washington
was eating up on the money chang
ers may have to change their tune.
Of course not all is rosy. There is
plenty to kick about. Code wages are
rotten in most cases. Ditto as to
code hours. Code authorities are ter
rible in most cases. Johnson has NOT
gone down the line as he should have
done.
Had Johnson and Roosevelt stood
pat against the idiotically named
merit clause in the automobile code
the automobile industry could never
have staged it's first fight against
unions.
Moreover, Senator Wagner hasn't
had the right support for his labor
bill. There is plenty to kick about.
Clarence Darrow has found a great
plenty to kick about.
But, despite all this, Of which there
is too darned much, the money chang
ers have no bed of roses. In fact
somebody keeps on putting cactus in
their bed and they are yelling like
stuck pigs.
The best way, incidentally, to keep
things going in the right direction is
to build unions enough to stand up
and say, ''Thus far and not an inch
farther" Where there are strong