The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1939-08-10

marked the entire history of the
present Administrators monetary
legislation. First, the silver bio.
forced the President to buy all
American silver at an artificial
price which furnished them sub
stantial subsidy. Then they COM
PEELED the Treasury to buy foreign
silver until its silver holdings
should equal one-third CT the value
of it's gold.
Under this program the Govern.
ment has spent more than one bill
lion dollars for a useless commodity
and paid a huge sum in subsidies
to the silver interests. Now as the
result of another sellout the silver
ties have secured a fixed price for
domestic silver which adds six and
one-half cents an ounce to the sub
sidy previously received.
Calls Refugee Conference
President Roosevelt, in a effort
to solve the European refugee prob
lem, last Thursday invited officials
of the Intergovernmental Commit
tee on Refugees to meet with him
in a twc-day conference at the
White House the first week in Sep
TENDER. At this conference 1t is
hoped to find permanent homes for
the refugees of Germany, who num-
Der about 700 thousand, according
to my information. A place must be
found for these poor unfortunates.
Under the agreement between
Great Britain and the Arabians in
the Holy Land immigrants to that
country will be greatly restricted.
1t has been suggested that the
island of Madagascar be acquired
from the French Government as a
place in which to- place them. Mad
agascar has an area of 241 thou
sand square miles with a popula-
ton of million 701 thousand, or
about the size of the state of Texas.
Naturally, these unfortunates
would like to stay together, and
they should. That can only be done
by acquiring definite territory
where they may have an opportun-
ity to live their lives and develop
according to their abilities. To
scatter them to the four corners of
the earth would be cruel and worse.
No country that know of is
capable of absorbing such a con-
siderable number. Therefore, the
solution would seem to lie in find
ing a territory where they might
find peace and acquire a perman-
ent home of their own.
Spoke Out OF Turn
At a press conference held at
Hyde Park last Friday the Presi-
dent is quoted as having asserted
that the Senate's action in shelving
neutrality legislation had killed
the incest little business boom you
ever saw" On the very day the
President made his statement the
stock market in New York regis
tered a rise of from one to three
dollars.
Senator Vandenberg in a reply t.
the Presidents assertion cited re-
ports of the stock market squirt and
said: II am not clear what boom it
was that the Senate debated unless
it was the third-term BOOM"
The stock market is the best
barometer we have. When the news
flashed over the country that the
House had voted to investigate the
National Labor Relations Board,
and passed the Hatch pure poll
tics" bill, which would bar Federal
officials below the rank of cabinet
member from taking active part in
political conventions and CAM
paigns, both in one day. it hearten-
ed those who have been apprehen-
sive Of the coursesof events and the
stock market boom reflected that
feeling.
AS this is written the Hatch bill
is before the President for appro-
val. The White House was opposed
to the passage Of the Hatch bin.
which would also prohibit political
activities on the part of WPA.
There are those who believe the
measure will either be vetoed O,
allowed to become law without ap-
prevail. My guess is that the Presi-
dent will sign it in Difference to
public opinion, which is strong 70,
this legislation.