The Sauk Centre herald., 1939-11-23
CAPITOL
.--NeZZlS
Congressman KnutsOn
Justice Butler Passes On


In the death of Justice Pierce
er of the Constitution, and the
Supreme Court one of it's outstand-
ing Justices. He has perhaps writ
ten more dissenting opinions than
any Justice of our time and prob
ably did more to keep the New Deal
from running hog-wild than any
other individual, save his colleague,
Justice McReynolds.
The Supreme Court is now COM
pletely dominated by New Dealers
who will uphold every act of this
Administration. It will be recalled
that the decision holding sit-down
strikes to be illegal was by strict
division between anti and pro-New
Deal Justices. 1t is foregone
conclusion that a New Dealer will
be appointed to Justice Buffers
place, so at long last the President
will have attained his ambition to
dominate that body. He already
dominates Congress so we will now
have in fact a one man govern
ment. Under the circumstances, it
tator nations of Europe.
Crime Does Not Pay
AL Capone, the former Chicago
crime overload, has been released
from Federal custody after having
served nearly eight years in Fed
eral penitentiary for income tax
evasion. He is now confined in a
Baltimore hospital, suffering from
paresis. AS former enemies have
sworn to kill him, dozen or more
detectives are on constant guard
about the hospital where Capone
lies shivering in mortal terror. The
millions that he accumulated from
law violations are not doing him
much good.
Down in Louisiana a former
president of the State University
has been convicted of embezzling
university funds and will have to
serve from to "a years in peni-
tentiary. Last Thursday he tried
to take his life by slashing him.
self with a razor blade. At this
writing doubts are expressed as
to his recovery.
Crime does not pay and there is
no such thing as a shortcut to
wealth. That fact should be i'm
pressed upon every boy and girl
in the land.
Treasury Visions Winter Boom
Undersecretary of the Treasury
John w. Hanes, one of the ablest
economists connected with this
Administration, predicts good busi-
ness and a substantial increase in
Federal revenue in the next six
months. In taking his position Mr..
Hanes differs sharply with the
views of Secretary of Commerce
Harry L. Hopkins and M. S. Eccles,
Chairman of the Federal Reserve
Board.
Recently Mr.. Hopkins warned
that inventories are again being
piled up to such an extent as to
threaten the current up-swing in
business. Secretary Hanes fails to
see any tremendous accumulation
of inventories and has repeatedly
said so. Eccles wants more taxes
to finance government spending.
He recommends a levy on "exces-
sive rainy day reserves" and higher
taxes on incomes in the middle
brackets.
I have just returned from Min
nesota and observations made there
lead me, to believe that Mr.. Hanes
is right Several years ago many
believed we would have initiation
with a substantial increase in
prices. On the strength of that
merchants stocked up quite heavily.
Then President Roosevelt came out
and said that prices were too high
and many businessmen found them
selves sitting back with large
stocks on a falling market. Many
had quite job unloading and they
will not soon be caught in SIM
liar predicament. 1t is my informa-
ton that at present inventories are
below normal.
AS for increasing taxes on in
comes in the middle and higher
brackets I need not remind my
readers that the rates are already
high. If larger sums are necessary
thew must be secured either through
lending or in broadening the base
so as to include many who are not
now paying Federal income taxes.
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