The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1935-07-04
SAUK CENTRE HERALD, Sank Centre, MINI.

which, II not immoral, are cheap
and artificial in character. But the
new trend is toward better pictur-
es. The campaign of the League Of
Decency has proved to be a pub
lie benefaction.-Murray County
| Herald.
Steps are being taken by offic-
ers to have licenses of reckless mo-
| tor vehicle drivers revoked. That Is
the only logical course to pursue
to stop the slaughter on the high
ways and the wanton destruction
of property. Our highways have
not been built for few reckless,
irresponsible drivers who seem to
think they are privileged to dash
along the roads disregarding all
traffic laws and running down
anyone who happens to be in their
path. It Is just as ridiculous to al
low man to get behind a drivers
wheel and sweep through the
streets destroying property, maim-
ing and killing people as 1t would
be to allow him to enter a home or
business establishment and plumb
er and kill. The majority of sane,
law-abiding citizens should not be
placed at the mercy OF a hare
Drained minor.-Princeton Union.
The Only Course
How long would business or in
dividuals remain solvent If for ev-
cry dollar they earned they spent
two dollars?
It doesn't take financial wizard
to know they would soon be II the
bankruptcy courts.
At the present time the federal
government is spending two dol
lars for every dollar it receives in
tax revenue.
It is no excuse to say that the
federal credit is still unimpaired,
and that the currency is soundly
backed with gold.
Neither a nations currency, nor
public or private credit can long
remain Sound" under spendthrift
practices. The easy way out for a
country faced with debt obligations
is currency inflation-but the
harsh lesson of history, modern
and ancient, is that in every case
initiation produces fear, panic, and
often complete breakdown Of ma
tons social and economic struc-
ture.
We hear much these days about
controlled inflation"-what isn't
heard is that no nation, no matter
how wise its administration, has
ever been able to keep initiation
within bounds once it was started.
The future financial security Of
the nation can be assured in one
way-by reducing costs Of govern
ment to balance income. That may
seem old-fashioned to modern fin
ancial OBSERVATION-DISCLOSURES, all
the pretty theories notwithstanding
it is the only safe and sound course
for any nation, or individual, no
matter how rich they are.-Foley
Independent.
The Presidents new tax program
was greeted with amazement by
the nation-including practically
all Congressman, save for the Ad-
ministration floor-leaders who had
been informed Of what was COM
ing.
The amazement was due less to
the terms Of the program, than to
the fact that the President should
put it forward for consideration at
this Congressional session, which
is already far behind schedule, Is
weighed down with half a dozen or
so other proposals OF the first i'm
portance, and which seems to have
little chance Of adjourning before
the middle Of September, in spite
of industrys devout wish that it
would wind UP its business and go
home. Experts say that 1t would
take at least a month to properly
draw such a bill as the President
proposes, and as much or more
time to get it though thre Con-
gress.
The Presidents plan belongs in
the "share-the-wealth" category. It
includes increased income taxes in
the higher brackets and sitter cor
poration, gift, inheritance and es-
tate taxes. And 1t would do away
with ra4-exemption Of government
bonds.
OF great Significance was the at
titude Of the principal American
newspapers, all Of which expressed
their views in editorials on the fol-
lowing day.
The more extreme opposition pa
pers said that the Presidents pro-
posal definitely aligned him with
the left-wing Long Coughlin school
Of national economy. Middle Of the
ground papers, for the most part,
simply said they believed the bill