Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1939-11-23

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. 1t 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 a foregone con-
cluSion 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 government. Under the
circumstances, it i'll behooves us to
criticize the dictator nations of Eu-
rope.
Crime Does Not Pay.
Al Capone, the former Chicago
crime overload, has been released
from Federal custody after having
served nearly eight years in Federal
penitentiary for income tax evasion.
He is now confined in a Baltimore
hospital, suffering from paresis. AS
former enemies have sworn to kill
him, a dozen or more detectives are
on constant guard about the hospital
where Capone lies Shivering in mortal
terror. The millions that he accumu-
lated from law violations are not
doing him much good.
Down in Louisiana a former preSi-
dent of the state university has been
funds and will have to serve from 8
to "a years in penitentiary. Last
Thursday he tried to take his life
by slashing himself with razor
blade. At this writing doubts are
expressed as to his recovery.
Crime does not pay and there is
no such thing as shortcut to wealth.
That fact should be impressed upon
every boy and girl in the land.
Treasury Visions Boom.
John w. Hanes, one of the ablest
economists connected with this Ad-
ministration, predicts good business
and 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 Fed
reral 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. Sec
rotary Hanes fails to see any ire
mendous accumulation of inventories
and has repeatedly said so. Eccles
wants more taxes to finance govern
ment spending. He recommends a
levy on excessive rainy day re-
serves" and higher taxes on incomes
in the middle brackets.
/ have just returned from Mime
sofa 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 themselves
sitting back with large stocks on q
falling market. Many had quite q
job unloading and they will not soor
be caught in similar predicament
1t is my information that at present
inventories are below normal
AS for increasing taxes on incomes
in the middle and higher brackets
/ need not remind my readers thai
the rates are already high. If larger
sums are necessary they must be
secured either through lending or in
broadening the base so as to include
many who are not now paying Fed
eral income taxes. 1t would seem
that the solution lies in cutting dowr
on spending. The average high schoo
boy could show this Administration
how to cut 2 billion dollars from
the government budget without i'm.
pairing efficiency.
Will Roosevelt Run Again?
Washington and the country are
wondering what President Roosevelt