Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1936-04-23

BORAH AND BRYAN
ROOSEvELTS SITUATION
VANDENBURG'S ATTACKS
Business prospects for the rest OF
1886 are generally expected to improve
rapidly because of the large sums OF
money to be expended and distributed
by the Government in the near flu
ture. Estimates are that more than
three billion dollars will be put into
circulation before the end of this year,
including, of course, the two billion
dollars of bonus money to be paid OUT
in June.
Other large items in the total are to
be S300,OOO,0OO to farmers on old o n
tracts under the discarded AAA and
more than S400, 900 900 under the new
soil conservation program. In addition,
there will be monthly payments for
relief and public works which viii
probably greatly exceed one billion
dollars. However, inasmuch as these
relief and works expenditures have
been going on for some months past,
they do not represent at this time any
reason for future Improvement.
The outlook is that there will be a
sharply increased demand for consum-
er goods and that business should
show continued Improvement which
viii carry over into 1887. Farmers will
probably be in the market because, in
addition to the payments from the gov
errment, it is expected that any price
declines will be more than offset by
increased yields. Some authorities fear
a credit boom that may become dam
gerous but other able economists insist
that the Federal Reserve system can
safely control any threatening inf1a-
ton.
The recent floods have produced
considerable sentiment in favor of
large appropriations in the interest OF
flood control. The project will be tied
in with the soil-saving program. The
danger, as everyone familiar with the
subject recognizes, is pork barrel
projects which have cost the Govern
ment untold millions in the past. Vari-
Gus measures are being sponsored to
accomplish the end in view and Sen
ator Copeland Of New York insists that
all projects, before being undertaken,
should be surveyed and approved by
competent engineers. Such a provision
is vitality important if the money ex-
pended is to accomplish the desired
results. One bill would devote S275,-
100000 to the Mississippi Valley Auth
GRITTY in the next five years. At pre-
sent, apparently, the prospect is in ia
vor of a general measure covering the
entire country.
Along this line the Tennessee VAL
ley Authority, undertaking the devel-
opment of a 10000 square mile area,
with 2,500,0O0 inhabitants, has proposed
the construction of eight additional
dams, which, with the four built or
building, it contends, will provide a
navigable channel $50 miles in length,
reduce flood danger in the Mississip-
pi and Tennessee river areas, and pro-
duce 100000 horsepower of electric
ity. The program, by 1910, would cost
s185, 5000, half of which has already
been spent.
Considerable interest attaches to the
recent invitation to labor unions to
join a non-partisan league for the
immediate purpose of working to Sc
cure the reelection of President Roose-
welt. This step, which may mark the
historic beginning of a Labor Party,
was initiated by George L. Berry, now
serving without pay as coordinator OF
industrial cooperation.
Heretofore, organized labor has SET
its face against entering politics as a
unit and only once has it backed q
candidate for president This was il
1924 and the action was in favor Of
Senator Robert M. La Toilette, run
ming as a Progressive. The present
move is to be more than an endorse
ment if the plan works out and in
wolves organizing labor for effective
participation in the campaign. More
over, the plain hint is that the organ
ization is likely to become perman-
ent.
President William Green, of the
American Federation of Labor, was
not consulted and Mr.. Berry says the
action was taken without consulting
the President. However, it is another
evidence of the divergent view nov
held by various leaders Of labor anc
is probably an offshoot of the effor
to transform unions from a craft basi'
to a plant or industry basis.
During the month of March, thu
Government collected S1~73y274,170 il
excess of expenditures, which amount
ed to $578, Apo, 1867 for the month. Tht
surplus collection for March, 1885, wa.
only 0,224, 265. The explanation lie
in a twenty-three per cent increase il
income tax collections and a ffty-foui
per cent rise in other internal reven
ues for the month. The income ia,
payments totalled S412, ASP ,233 for 1881
compared with 1926 ,268,511 in 1895
Other internal revenues went up t.
1921 ,218, 692 as compared with Sl88,
919,097. The one gap in e wa
the absence of processing taxes, in
validated by the Supreme Court, bu
which yielded $50,000,0O in March o
last year.
1t has been apparent for some tim,
that the sentiment of responsible Re,
publican leaders favors the nomina
ton of a candidate with the creates
strength in the West with a vice-pres.
idential nominee from the East. More
over, the present idea in the East i