The Western news. [volume] (Libby, Mont.) 1933-current, 1935-04-04

would be done In their states. AS, for
example, the agreements calmly an
nounced by the two Vermont senator's
Slow to Borrow
Hesitation of states, counties and
cities to borrow. considerable part
of the money. under the general plans
of the bill by the White House, was
to he loaned to states, counties, cities,
"authorties.n etc. The Idea Is that
these governmental units would Dor
row money for specifically approved
projects. and would sometime not only
pay interest but repay the principal
All the information available here
Is to the effect that many Of these local
governmental units are heavily loaded
down with debt burden. and would pre-
fer the federal government to take
their troubles off their shoulders.
Hence there Is reported loathness to
borrow which may handicap the work
ing Of the whole plan. or AT least to
make the eventual debt burden OF the
federal government much. greater thar
the President had estimated
Determinations. This Is one OF the
worst problems Of all, the point being
that states. counties. cities and author.
tiles In many instances have already
borrowed enormous sums from PWA.
and are not only paying interest but
expect TO repay the PRINCIPAL How are
they going to feel If---as many suspect
the federal government is forced vir.
tnally to make donations to other
states. cities. counties and authorities
for the same sort of work? In the one
instance the federal government will
be loanng money, getting fair rate
OF interest, and expecting to get the
principal back. In the other the fed
eral government, for precisely the same
tyne Of project. will be making an out
right gift
Plenty of political trouble Is In sight
on this
Then there Is what might be called
| the time Ing. For the truth Is and has
| been for some time that no detinife
| program for the spending OF the four
| billion odd dollars has been worked
out. This is not mere suppositlon. It
| has been stated again and again BY the
| President In talks with senators and
members of Sthe house: 1t has been
stated by virtually every official Of the
| administration testifying before con-
| gressinnal committees. 1t Is only par
| TALLY true, but there is going to ne
quite lot of delay in getting under
way.
Finally, there are the difficulties In
volved In the proposed fee system
awarding jobs without competitive bid
ding. Imagination runs riot on thatl
Japanese Cotton
Tremendous Imnortatons Of Jana-
nese cotton cloth. with resultant clos
Ing down Of New England mills. has
caused sudden and peremptory de
manf on the part Of New England sen
ators and members of the house for
action to stop 1t. Among the steps de
manded are Immediate boosting of the
tariff duties cutting Off the Japanese
imports on the charge OF dumping, and
stopping OF Nil processing taxes on cot
ton products SO that American mann
facturers and workers will not BIZ
| penalized.
Figures submitted to Robert Lincoln
| 0'BrIen, chairman OF the tariff com
| mission. by Senator David |. Walsh
show q startling advance In cnttnr
cloth imports from japan. The Mas
sachnsetts senator points out that II
1913 a total of l.ToO.OOO square yards
was imported. In 1924. 7.7n.0O. hn
TINT In January Of this year alone I'm
portatIons mounted to 7.OOO.0nD yard!
In February to 12.oOO.O0O yards. ant
that on the first day Of March alone
the imports were 5ND.OM yards
Which makes a total Of 24.WN,WN
| NHTNN HFtllHIi III iIoii Japan IA 49,
first 60 DAYS OF thIs year
II am sure" said Senator Walsh II
calling the attention OF Ghalrma
A'BrIen to these facts. lyon will agre'
with me TINT these figures are startling
and TINT these imports have great.
aided to the distressing situation ri
readv existing In the cotton cloth In
dustry. Let me add that this indus
try Ia In q very desperate condition
refer to the industry located bot
In the North and In the South.
leading southern manufacturer. who !
a member OF the textile code author
Ity and member OF the industrial
advisory board Of the MIRA. appr6vin
code Number One cotton textile cofe)
has recently stated: All the best mills
no matter where located. are losln
money Many mills have closed. an
others are reducing the pay Of employ
ees. In an effort to survive. Pnsslbi
a hundred or more have closed durln
the nast two or three months, an
more will close shortly
1.-THE Rhode Island Telegram, {
Providence, r. l., recently stated ther
were % mills closed In that Immedat
section. A textile mill In another stat