Glacier County chief., 1939-12-29

III ' 's',
By LEMUEL F. PARTON
NEW YORK.-Old Senator Joseph
l Caillaux of France, who knows
lot about money and trade, says
Germany will be licked by her pow
CailIaux Still al re ~ mnc
Guides French chiefly oil. At
Monetary Policy TO- 10, pear ne
long and bitter conflict, more bitter
ly assailed in the past than perhaps
any other man in France, he COM
mands respect as he keeps on croak-
ing, Victory in war is often de-
stroyed by finance" and he is still
a powerful guiding force in French
monetary policy.
He has known glory, riches,
Jail, exile, calumny, foolish adu-
lation, scandal, exultation, bit
terness and disillusionment, and
with bloodshot eyes and out
thrust jaw, he's still ON his feet
when the gong ends the round.
His fortune was sunk in the de-
Tense of his wife for killing Gas
ton Calmette in 1914. He re-
turned from Punishment to full
vindication in the espionage case
against him, to become premier
and later finance minister Of
France.
"HEN this writer began news
w paper work in Chicago, people
in Halsted and West Madison streets
seemed to be about as badly Of
Meliorists Haze s as Iur ;1P;zs
Not Yet Found of today. I
The Golden Key knew Hobart %
lor and was interested in his work
with Jane Adams at Hull House,
the pioneer social settlement. They
were devoted and unselfish, but,
when looked around the Hull House
neighborhood several years ago,
nothing seemed to have changed
much.
Mr.. Taylor's son, Wayne C.
Taylor, grew up in this shadow
of misery, and now moves into
q sorf ~ M ufoura nh ~uIov~~
ment of the same. He is en-
route to Finland, to study and
organize relief there. The social
settlement theory, as bravely
exp0unded and lived by the
elder Mr.. Taylor and Jane Ad-
dams, was that "all men are
brothers," and, il fortunate citi-
zens will live in neighborly in
tercourse with the unfortunate,
"a little leaven will leaven the
whole lump"
The younger Mr.. Taylor, catching
step with his times, was q realist
who believed that the way ahead
lay in understanding of basic eco
nomic forces and in the application
of progressive and enlightened tech
niques of government. He became
special adviser to President Reose-
welt on foreign trade; assistant adj
ministrator of the AAA; vice presi-
dent of the Export-Import bank Of
Washington; assistant secretary Of
the treasury. He withdrew from
the last-named Office last February,
dissenting from what he considered
the treasury Department. policy Of
shaping money procedure to foreign
policy.
Like the Hull House melio-
rists, it would seem that the
economist innovators and reno
vators have not yet found the
golden key.
Mr.. Taylor was graduated from
Yale in 1916, served in the World
war, and was engaged in the bank
ing and brokerage business in Chi
cago before going to Washington in
1888.
1T WOULD be hard to say whether
big, swart, dead-pan Col. Fulgen-
clio Batista, Cuba's power man,
headed in from right or left. Posi-
p,y;.;.,y E,- bly, power is
the main idea
Ut Poussr Men with all such
Hard In Place current inno-
vators, n
their political orientation is merely
academic. A year ago, the news
scouts were reporting that Batista
was swinging right. The news today
is that the Cuban Communist party
is backing him for election to the
presidency.
Also news b the mere fact