The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1938-06-23

Mussolini! Neither one of them
has more power than this man will
have. No wonder that the Amer
lean federation of labor was luke
warm to the proposition. I hate to
think Of what it will do to the rural
sections Of America.
Again Vetoes Interest Rate
Reduction
Repeating his action of two years
ago the President in the closing
days Of the Congress transmitted
a message to the House Of Repre-
sentatives announcing that he had
vetoed the bill which would have
extended for another two years the
3h per cent interest rate on Fed
eral Land Bank Loans and the 4
per cent interest rate on Federal
Land Bank Loans. The President
based his objection to the measure
upon the additional cost that 1t
would impose upon his federal
treasury.
In his veto message the President
stated that carrying out the pro-
posed act would impose an addition
al cost Of sos, 100000 upon the
treasury up to June 30, 1910. which
Is the length Of time that the ex-
tension will run. The veto was ov-
erridden in the House by vote Of
pa to 81 and the Senate took SIM
liar action by a vote of 81 to 18
so the present interest rate will con-
tinue in effect until June 80, 1910.
Closing Washington Office
We have closed our Washington
office and all mail intended for me
should be addressed to st. Cloud,
Minnesota. AS will be on the road
for a few days there will be no
weekly letter next week.
by Congressman Harold Knutson
Hull Urges Seaway Pact
Last week tht government sub
mitted to Canada the draft OF q
proposed new st. Lawrence Sea-
way treaty to supplant the enc
rejected by the Senate three years
ago. In transmitting the treaty
to our neighbor to the North Sec
rotary Hull urged early and favor
able action on an agreement that
would permit bringing ocean navi-
CATION to the heart Of the North
American continent and harness
ing millions Of idle horsepower
now going to waste;
No further time should be vast
ed in ratifying a st. Lawrence
Waterway pact. That project
would make the Duluth-Superior
harbor one of the greatest in
North America and bring to the
interior needed relief in the form
of reduced rates. The proposed
waterway would do much to Off
set the damage that the Panama
Canal is inflicting upon the Miss
issippi Valley. have favored this
project for many years but East
ern interests have blocked it.
The Long and Short Haul Bill
Many Senators and Representa-
tives feel that Congress should not
adjourn until the Senate has pass
ed the Pettengill bill to give rail-
roads greater freedom in meeting
the competition Of waterway trans
portation. The bill, already passed
by the House. has been favorably
reported by the Senate Committee,
but strange to say several Sena.
tors from the interior are against
this most necessary legislation. ]
say necessary" because the Miss
issippi Valley has been at a great
disadvantage in the matter OF
freight rates ever since the Pana-
ma Canal went into operation
There are only two things that
will give us relief the st. Law
renee Waterway and the Pettengill
Long and Short Haul bill.
The railroads are practically
flat on their back. Carloadings are
but fraction of what they were
and the roads have been obliged to
lay off tens Of thousands of work.
ers for the lack of business. Con-