HomeMy WebLinkAboutThe Seaforth News, 1934-11-01, Page 7THURSDAY, 'NOVEMBER 1, 1934,
THE SEAFORTH NEWS
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ROOSEVELT GAINING FAVOR
Washington. --'.\'bile a real measure
recovery Irom the economic de-
ression actually has been -attained
and a number of Basic reforms have
'wen accomplished which should ae-
,:elcrate a return to prosperity and
'nip to retain that condition when
leached most serious cliffictrities re-
main to be met and soon. The present
situation is such a ehelonge of good
and bad •factors that it should not be
;.roneralized upon, But two thoughts
stand out:
That the administration of Presi-
dent F. 'De Roosevelt, far froth los-
er its hold upon the country, id more
' 'rrtilar than evert-
That.
vertTitat. despite all the ,New Deal has
'seen able to accomplish, nearly one-
etallosmomeNeleeeneesnesi
fifth of the entire population (estim-
ate, 31Obft,000 persons) will be on
public relief in the coling winter,
The aid rolls will be as great as last
year. Coupling of these two facts re-
heats what seems to be an anomaly
but would be only ff the second meant
a. Roosevelt failure, This it does not
because of special circumstances
Continued popularity of,Roosevelt
has been indicated increasingly all
summer a$ the various states have
'toted for New 'Deal candidates at
nominating elections. Now it has been
emphasized in the first of the general
elections, For more than hall a cen-
tury it has been a political prayer
that "as 'Maine goes in September so
goes the nation in November:" \Maine
has given a - Democrat of the Roose-
alt party a second terns as governor,
for the first time since 11560 and by a
'anger nt+aljonity than ,given hint in the
Roosevelt victory two years' ago,.
In a recent national magazine poll,
Roosevelt and his policies were en-
dorsed •hy all classes of citizens except
bankers, the tally of whose votes tiIS
against the adn:inistratiol by a smart
margin. Criticism of the New, Deal
by former 'President sherbert Hoover
to another great weekly publication,
has met general, some,eimes 'bitter,
counter-attack its newspapers all over
the country. Ata guess something
like 70 per cent, of opinion supports
!Roosevelt,
This 'Hoover criticism, soon to be
followed up by a publication of e boak
"The 'Challenge to Liberty" charged
that centralization of authority dele-
gated by the legislative branch of the
1Goi'erement to the executive virtually
has created a dictatorship, and that
intrusion of the .government in busi-
nese and agriculture is destroying de-
mocracy, These utterances, the first
he has made on peblic affairs since he
left office have placed the former
presidedt .in the dominant role in his
party once more and given hits a van-
tage point from which he could ad-
vance to .become a candidate for the
presidency again in 119316, bA'nother
'Roosevelt-iFTonver race two years
frons now would be the climactic test
of the New Deal,
Nonninition of the Socialist, Upton
:Sinclair, for Governor of.. California on
a Democrat ,late, forced the adminis-
tration to receit•e hiiv ss-ith open arms.
:Sinclair declared after a visit with the
'President, that the New Deal 'has
caught up with" !Sucialisnn, but in any
ease his candidacy and quite 'possible
election will have little direct effect
upon the national political ,course.
Hailed at first as forecasting defin-
itely - a realignment of UFS. po'Iitieai
parties to group liberate .and conserva-
tives in direct opposition, recruiting
from. present parties where objectives
are not clearly delisted, recent organi-
zation of the American Liberty Lea-
gue now scent, likely to be ui Minor
ignificance. The League obviously
h5 10 oppose most adulieisttation. pot-
icies, but if it could recast the party
situation it would play directly int,
Roosevelt's hands This it, sponsor::
would avoid doing and, aside from the
tact that none of its leaders has a
claim t, the confidence of any consid-
erable well( 1 of the people, this quan-
dary Is the league's great tl e tkness.
;Governors are being elected this
fail in about half the states. Other
officials will be chosen in every state.
All members of the Lower House of
the National Congress, -k38 of them,
are tip for election, as is also one third
of the Senate membership of 96.
The Democrat (administration)
party is expected to increase its,Sen-
ate majority of 6,0 by three to fire 11040
members, cutting the Republican mi-
nority side, now 35, to perhaps, 30.
One 'Farmer -Labor member, pro -ad-
ministration, is expected to be return-
ed.
The Reptiblican opposition begets
the summer with the hope of adding
110)1) to its minority membership of 116
:in the House of iRopresentatives, ex-
pecting to win back seats in districts
eyhich normally were theirs 'before
19)3,2, Now this. anticipation has been
reduced to a gain of 50, whiie there
basis for the Democrat claim that
Empress of Britain
through a window
at Zamboanga.
Below a three year
old Hindu maiden
is prepared for her
first bath in the
holy Ganges.
CANADIAN WRITES OF CRUISE
Thoughts of travel to far places where hot sunny days make
nature's covering seem more reasonable than fur coats- are coinci-
dent with the sound of coal rattling into cellars in preparation for
the long winter, and a very timely book that will be of. great assist-
. ance to travel -minded people leas just appeared. It is "-and ships
-and sealing -wax", by Alan Maurice Irwin, published by Macmillans.
Last year the author, who is a Canadian journalist, cruised
around the world in the Canadian Pacific liner Empress of Britain,
and this book is a collection of his impressions, a companionable,
intriguing sort of hook in which he has written delightfully of nice
and naughty things, dandled a hard-working camera with becoming
discretion, and argues in the manner of Iiipling that the "'Colonel's .fid
lady and Judy O'Grady are sisters under tate skin,"
The Mediterranean, Egypt, India -where the author lunched with Lord and Lady Wiliingdon, the
Malay Peninsula, little known Cambodia, China, japan -even Hollywood, are amongst the places he
writes about.
India, a country that hp'1 suffered much at the halide of those whose trade is writing, conies in
for some rather rakish debunking; tropic nights and tropical seas come in for some rather good.
descriptions. Simple, homely adventures amongst the simple, homely people of Bali develop tato
amusing knowledge ' that the women of this modern Eden are very interested in .step-ins and other
silken things,
S. Morgan -Powell, noted literary critic of the Montreal Star, writing of "-and ships, -and sealing -
wax" says: "Mr. Irwin has the light, whimsical touch invaluable for such a record as this, since it
enabled him not only to remember what is vivid but to forget what is not worthy of remembrance -
it also provides a most attractive medium by which to stimulate the interest of those who have hith-
erto been compelled for one reason or another, to enjoy 'their travels abroad vicariously."
On January 10 the Empress of Britain sets out again on her cruise around the world, visiting the
ports that provided the copy for -and ships -and seating -wax". Her 400 passengers will see the
scenes described in the book; experience encounters similar to those recorded by the author, and
during the 130 days they are away, will call at 22 ports in 24 different countries.
1ror those who do not make the cruise thie reviewer recommends -and ships, -and pealing -wax".
for those who do it id a practical test book.
that party's anajority steenglth of 3115
will not be reduced at all. There are
'five Ilyarmer-ItJabor members of the
house and three seats are vacant,
Within the house majority ranks,
however, there already has been eon-
siderable turnover at nontina'ting elec-
tions, indicating dissatisfaction among
voters which, not finding Fadi: with
Roosevelt, yet must have a vent.
'Many of these new members will be.
more liberal than the veterans they
will succeed and they proveeven more
docile to Roosevelt than their prede-
0eSee'S,
in the middle ground between ctain't
Eby administration officials that all that
is left of the depressiol is the "mop -
pine up" and the bitter .plaint of the
apposition that iRooserelt's sole ac-
conlplisli'nteIt has been to multiply
the public debt are these facts, favor-
able aid uufavotable;.
Unemployment has beets reduced
from a peak of d6;000,000 to &ontetlling
like 0,000,000 (Federation of Labor fi-
gures), rhr even to 5,000,000 t(IU,S. Cha -
Miser of Commerce estimate). Private
enterprise is reported to have em-
ployed 4„1120,000 workers since March,
11933, Labor's share of the national in -
collie is estimated to have risen from
55:3 per cant, in June, 111033, to 62.5
per cent. in One, 119134, This was ac-
complished under the National 'Re-
covery Act (NRA) which has set up
600 coders of "fair competition" by
which 95 per cent. of U,S,_lessiness 1s
they regulated, in varying degree, as
to wage ritte, hours of work, new in-
vestment, sates practises and even
selling prices, 'B'ut industry must re-
employ nearly three times as many
workers as it has before recovery is
established.
-Nearly 5,000,001) unemployed have
been given temporary or part time
places on public works; bet public
credit will not permit even part time
Jobe . for these workers forever,'
learnt prices of basic commodities
have been raised within a year to 43
per cent of pre -world war parity with
prices ,,i miter goo
tls and the total
farm income has -increased .more than
1,000 million chillers, '
More than 5,000 million dollars by
been disburser) by the Federal treas-
ury, mostly through the Reconstruc-
tion Finance Corporation, to relieve
financial pressure upon individuals
and institutions. Sonic 0,00(1 millions
of this already !las been repaid.
By assistance in capitalisation and
by insurance of deposits ftp to 85,000
the banking system of the nation has
been restored to health and public
eon iidonct', Bit 16,01111 c„u1mu•eiai
banks with 31,.000 million dollars on
deposit are unable to find "sound"
101111s to nhalce and are 54 per sent 1i-
quid,'They -would like to .put out at in-
terest at least 5011 n41ii en dollars at
,once, but don't know where to turn.
'fie 'linverument is trying to drive
them to action by you ring more motl-
ey into them all the time, instil some
observers forecast the greatest 'boom'
and credit inflation of all time to
rome soon,
Mere than 1,000;000 farm and chy
hones have been saved from fore -
cloture by aid already extended or
under way-; but the construction of
new h,151108 is paralyzed by the high
price of materials and wage rates,
1Dnnaid Riel berg, secretary of r110
President's Recovery Council, sum-
marizes a report to the executive:
"The malleo has risen out of the
depths of its worst depression and is
moving steadily forward in the pro-
cess 0f a definite economic recovery
and .is building new. defences again:'
It recurrence of the ,economic ill which
it has been suffering. The money ex-
tended in these great constructive ef-
forts is, of 'course, far less than the
cost of one year of participation in the
1\dorld War with its vast destrnction
of are and property. It has been a
small price to pay for such a great
gain."
The same NRIA under which 4,000,-
001) workers have been re-employed
attempted to give a government char-
ter to union labor and the resulting
dispute has brought damaging strikes.
The administration seems to view
them almost with equanimity and it is
claimed they are merely a symptom
of ,recovery. At the scone time 600,000
workers were out recently in the tex-
tile •battle, affecting <0111llunitiee in
22 states,
No matter what the outcome the
fact that sonic great strike or .other
has ,been in progress nearly all the
tithe for many ninths 'Is a drag upon
all progress toward prosperity:
More than. 1!300 niiilias dollar; leas
been spent for direct relief of destitu-
tion at the rate of almost $11100,000,000
a month, since 9iodsevelt took 01510e,
Another 3,800 million dollars has been
<pent or allocated for public ' works,
Vet there are as many people on Fed-
eral ail roils as ever. Reasons include:
.Private charity dropped its share: of
the 'hur•dett when government took.
charge; ,many ,states and other local
governmental units have exhausted
their resources and can (lo no ,part;
relief has been extended constantly,
going to .neie groups as necessities of
Olas'ses first revelled • •have been met;
the pt'ob'le,m of rehabilitation now has
,been added' to the .original job of feed-
ing the hungry; the disastrous drought
has put on relief many thousand farm
families which would be comparative-
ly prosperous if they had any crops to
ordinary '
harvest and sell. Both hrdlua y andd
drought relief funds, new available,
will be gone by the middle of the win-
ter and new appropriations may have
to ruts as much as 1,000 million dol-
lars.
There is no major financing under
tray except that of the government
itself, the financial markets are prac-
tically closed, This is sometimes laid
to the new, police power given the ad -
mini tration in the Securities and
Stack Exchange Alt, but, while some
of the blame -undoubtedly does lie
there, officials prefere ,the thought that
there is a mysterious "strike" of cap-
ital which will wear fuel) out in time..
The immediate financing program of
the government iuwoi,ves 41,700 mil-
lion dollars. There would not be
much money left on the market at ,the
sante time for private utdertakings,
'The administration will have a dif-
ficult prOblem
ifficult.p:roblem on its hand when Con-
gress meets in revising its program
and taxation, ,1n a hurry something
more than a year ago a number of ex-
cise "nuisance" levies were devised to
produce $300,000,000 annually. They
expire next June and mit he replac-
ed, A special treasury wnuui-sign i.
row at work .on the question but there
has been no indication ni the trend it
is taking. A general sales tax is a pos-
sibili'ty.
The nation's public utilities, espec-
ially- power companies, are to he given
a new shock this winter when, it is
accepted, more public enterprises sim-
ilar to the Tennessee Valley Author-
ity will be recommended to the !'res-
ident and probably voted by Congress,
at his request. There may be as many
as half a dozen such projects on major
watersheds of the country, The ad-
eninistration calls then! "yardsticks"
for pleasuring service and rates of pri-
vate companies Int utility- interests
feat' 'ociallzetihln of their industry.
'General retail prices are .getting out
ri hand. They have risen 20 per cent,
its a year, Just 11000 food prices are
making the most rapid recovery be-
cause of talk of drought ,scarcity.
They molested 3)2 per cent on nation-
wide average in the last two weeks o.
August ,and in some places ruse as
much as 6 per cent in that 14 days.
rb'he public debt has increased from
30,{)36 million dollars on March 5, 1033
to .7,005 million dams August 1:5,
193,4, an increase of 6r1129 million dol-
lars Al the saute time the net balance
in general fond has grown from 15S
millions to 2,360 millions, an increase
of 2.,1(92 milhom. Ilecause ,.f the in-
crease
ncrease in outstanding debt the annual
interest charge rose irons 7)10 million
dollars in March, ,1633, to tl-I)5 millieins
in July, 11934. lIIowever, the computed
rate of interest - has declined from
3:427 per cent, in March, 1tl513, to 3,1177
per cent, in 3nly-, 14314.
'With a little spurt immediately af-
ter September b, t'.S. business made
a good start to overcome the summer
recession wllie's had been rattier more
titan seasonal. Revival of retail trade
:Medd bring almost immediate activ-
ity in other lines, rimae manufacturing
endtransportationespecially are much
more closely ;geared to immediate de-
mand in these clays of short inventor-
ies than they were, for instance, in the
'twenties. Although starting from a
low point, fall fleshless generally is
expected •to reach new 1lighs since
,119311. Steel operations were down to
110 per cent. of capacity recently. Only
west coast railroads lied better busin-
ess. last math than they olid a year
ago.
The administration housing pro-
gram placing a government g'uarante0.
behind 2)) per cent. of housing loans,
is one of tate most promising factors
for the early future, for 1'onstru013,15
work normally means -direct and in-
direct employment of 5,000,040 then or
more at above average wages; but rtlse
program has been slow in gettic:e
started and has two great obstacles to
overcome; high costs of wages, mat-
erials and financing, and depletion or
exhaustion of the average family's re-
sources, plus lack of faith in tate' fu-
'tnre,
'The Roosevelt administration lets
seemed 10 have a dual program: to re-
lieve suffering and' ])ring back prosp-
erity; to institute reforms, particularly
in business and 'industry, designed to
prevent or at least to ease .recurrence
of depressions.
Whether it has greatly- succeeded
or not. the pro_gratu did half a panic
which was leading rapidly to complete
social breakdown. The new hope and
revived confidence their given to the
nation, if let alone, itself might have
brought as much recovery as all the
,New ideal efforts have achieved. 1314
;Roosevelt notion, as contrasted with
previous inac tioie, even refusal to rec-
egmize calamity, caught the need of
the people and a broadside from the,
opposition, even now, is still s"boost"
for the administration. The pian who
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THE SEAFORTH NEWS
Seaforth, Ont.
15peats that 111)1011 15 not necesseril
Progress ie quite unpopular.
TRAIN CROSSES CONTINENT
IN 57 HOURS
People have f 111\ ed with interest
the dash of the t'ni' n'Pacific bu !e• -
nosed train .N1-10001 across the conti-
nent front C:alit„rnia to New York,
Regular running time between Lars
Angeles and Chicago is lowered 2,1
hours, the 12tee miles- being cover: 1
at an aycra,te Itonrly speed of au;i
miles. Btu the train travels 506 miles
between Cheyenne and Omaha at ,"4
mile; an (Mee. ;Between Chicago and
New York the special is held hack
traffic, although doing two miles a
minute for a short distance, but goes
from carat to coact ele hours. -6
minute:, which is - l4 hours, 3)1 min -
vies faster than the speed -record set
by E. H. Harriman in '1155 )6.
BALLOON ASCENDS 10 MILES
STARTING FROM DETROIT
The stratosphere flight of. Dr,an.1
lits. lean Piccard cants in an end its
a tree top at Cadiz Ohio, last wee';.
The bad of their balloon eaS i,ari!c
torn Int the goondo!a and valuable 1,-
strnnlents were nndanlaged, and t'..:•
Ficcards themselves were millers.
'1'lie Piccards, saying they believ'1
the purpose ,r their flight had been
accomplished, brought the huge 'iia,
clown after tl flight that started from
Detroit -at 7 a.m., and carried them sr1
estimated 10 miles into the air. 'Fail-
ure of the sun's rays to a netrat-.
cauesd the balloon to lase buoyancy
and we had to make a landing." said
Mrs, !Piecard, Glen Cope, a farmer,
made a brave attempt to halt the hail -
loon as it drifted slowly a short dis-
tance ahnt'e the ground, its ropes
dragging.'He grabbed a tope and at-
tempted to tie it to a tractor. The
floating balloon pulled the Tope from
his hands and the balloon ellen scrap-
ed the top of a 75 -foot clot, the
brandies tearing the bag badly, but
not damaging the gondola, The land-
ing. while rough, merely shook tap he
Swiss and his wife,
Persian Balm promotes daintiness,
charm and beauty. It is Unrivalled
in its magical effect on the skin.
Swiftly a)hsorbech by the tissues, it
leaves macer a vestige of stickiness.
Delightfully cool to the ekiri. Stin:t-
leting and invigorating. Softens and
makee the hands ,flawlessly white.
Subtly fragrant, Imparts 'youth ansa,
loreiuess to the complexion. lPersiah
Seim is the Inevitable choice of the
woman who cares.