Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-04-25

certificates. which would TIE nseotlA-
'pAe ar present value. IN view Of the
ciose relationship berw e The Sena-
TOR and the White House. observers
90 moi believe he would take aar
acllon unacceptable 10 the Presldem
u nat The veterans VIII think u the
proposal remains uncertain although
E-uriniaA1soer BelgrznO. u the Amer
can Legion indicates thai his organ
lzaalon VIII continue 10 fight for the
llnson oil.
Federal regulation OF Interstate bus
1nc rue operations a. toeD Ap
proved 10y the Senate. which passed
The measure substantially as recon
merNaeo 10y Joseph 3. Eastman, Co
ordination Of Transportation IL has
long t~een agltaIed for by railroads
and II one form O another has been
before Congress since 1876. Its pur-
pose LIS TO give equality Of opporru-
nifty 10 composing forms Of uaIspor-
taEaon IL ex1ends 10 mUo vehicle
oounrDon carriers the same restrlc-
lions as now apply 70 railroads with
respect 10 rates, charges and prac-
tees. The House committee, conslo
er-nx the oil. has completed public
bearings and Will make lis report as
speedily a. possible.
Spirited opposItaon 10 the process
Ing taxes under AAA developed from
textile interests, BACKED by some leg
islalors from cotton States. but met
a firm refusal on The part Of the
President TO pay the benefits 10 Ear
mers OUT Of the work relief fund
New England manufacturers, and
similar Southern interests, out
spoken in their opposition. threaten
Ing d court fight and bitterly assailed
Secretary Wallace. Agricultural Of
fciaR, in reply, insisted that the pro
cessing taxes were the heart OF the
farm relief program and that If they
fort TO rehabilitate agriculture would
have 70 De abandoned
The course OF this country, in the
event OF war, has been discussed for
many years. The House has passed
the McSwain bill 10 take the profits
out OF war, and the Senate Munitions
committee, under Senator Nye, is
working on a measure that may be
more radical in approaching the
problem However, these bills reflect
present thought Whether they are
approved by the President remains
10 be seen Moreover, what this Con-
gress passes can be nullified by any
new Congress and IL may be taken
for granted that al any future dec
laration OF war the Congress then In
session will make short work Of any
law that threatens the national Sc
curity. The same observation does
not apply TO the neutrality reSolu-
tions, which seek to define our neu-
trality in the event OF foreign vars
and thus reduce 10 the smallest de-
gree the liability OF accidental in
~yolyement-
Except in the automobile industry
| workers generally have favored trade
unions about two 10 one, says the
Twentieth Century Fund, which re-
| Gently completed a study OF the gov
| ernment's relation TO the neutrality
| resolutions, the vote was about four
to one against both company and
trade unions and for representatives
unaffiliated with either groups. The
| report points out, however, that most
| elections, except in the automobile
industry, were requested by trade
unions, and that in the automobile in
dustry the elections were 81 framed
as to make voting for al organization
less likely than in other board cleo
lions.
Calling the remaining Liberty
Bonds, Secretary Morgenthau express
sed the belief that the financial log
jam has been broken" and that
there Is no longer any reason why
capital should not flow normally into
the arteries OF business" He predict
ed vast savings in interest through
refunding operations as an important
contribution to recovery. Mr.. Nor
genthau points out that the govern
ment itself, as a result Of refunding
operations, which secured money at
lower rates, will save about 500 ,OOO,-
900 a veal in interest payments.