The Oklahoma News (Oklahoma City, Okla.), Vol. 26, No. 272, Ed. 1 Wednesday, August 17, 1932 Page: 4 of 12
This newspaper is part of the collection entitled: Oklahoma News and was provided to The Gateway to Oklahoma History by the Oklahoma Historical Society.
- Highlighting
- Highlighting On/Off
- Color:
- Adjust Image
- Rotate Left
- Rotate Right
- Brightness, Contrast, etc. (Experimental)
- Cropping Tool
- Download Sizes
- Preview all sizes/dimensions or...
- Download Thumbnail
- Download Small
- Download Medium
- Download Large
- High Resolution Files
- IIIF Image JSON
- IIIF Image URL
- Accessibility
- View Extracted Text
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
I
- :
The Oklahoma News
A ACIIIIITS 1101A ARO ALVSAPAPEK
CAUL MA(-IVIt tfift11
tItAMLI3 A ii JMlAJt) !inOpium Maimet
KOBER t 1 tritiLLAitIUKR
IMOiiM'
rims' 1-1111N1
1
ornori owl pubitabe4 dotiv
"'t feteent Nei urday i by l bo (bito
1101111 Nhrn ( 0 46 W ((MHO
RV Ok labothe tile Oklahoma
Fide:t' (I 4ir011(1 i1011 ma t let
iNov 12 lune tit the IP n'Inff tr
Oklahoma Ole Vitiar Under the
act of Match IL Will
ett01 ''L)
I 4A aef
Member of the United Prop'
ft I !mu iloaa id NCY ir II Milan
(“(W(olioloor 1litarprite Aaaocia
s
J c:l'lel tioo Arlene Mei vice aie In
!Ilit'Ittrtf:"4-1 Paper Inionhatinit kiervice id
I0-ii'"!'” Audit bureau of eirmilatiort
- ----------
MINI 11IION RAILS'
Eh e Oklahoma News la puttllettett Petty excepl Stettin les
'ph ()Sinnott News Ity renter iIQ por
Tits slatting Newa othele copy pries In °els lionte
rtity to 1 rents per cow? 1 tent rt per roils 'tor the
emotes Now (Vitiate Okilthoulli (Illy 'Indio coplus ova
Nowa I 011144 Shuttles 3 cents
My nusti (ash In atieno :n klehornI AO tent'
month Sti 60 year elsewhere 73 cents per month
be I WO
WEDNESDAY AuuusT 17 1932
!Mover's Boomerang
THE president is having wretched luck
with hie red scare Ills specially
ordered grand jury invest lotion of the
bonus battle of Fennsylvania-av I us end-
ed without finding a sinelo red scapegoat
COnling on top of the earner investleation
of 47 alleged Communists and radicals
all Of Cann had to be released by the
Warthington authorities for lark of evi-
dence this completed discredits Hoover's
cherge
It will be recalled that the president
Limited various tillttenlentl to defend Its
unpopular action in using troops neeinst
unarmed citizens lie said that 50 per
cent of the bonus marchers were not
veterans lie tried to ninse the publie
believe that tlit Nolo thing was inspired
by Conummists that the batety of the
govemnent was threatened
of coarse very file persons believed
these absurd White House tales Doubt-
less the president believed thent— the
mere fact that he called out the army
instotd or titl-King with the bonus kaki-
ers shows he WA3 nervous enough to be-
lieve anything
If Itoover had not lost his bead he
would have remembered that Brig Oen
Frank T Hines director of veterans' ad-
mhdstration had reported officially that
the percentage of veterans in the group
was not 80 but DO per cent and that two-
thirds of them had served overseas
If Itoover had not lost his head he
would have remembered that Oen °lass-
ford in charge of the Waihingtsm police
had the situation under control and op-
posed the use of troops
If Hoover had not lost his head he
would not have toll the public that the
troops acted humanely when the public
had read many press amounts by eye-
witnesses and had seen news pictures dis-
proving the ststement
After all those errors Mover might
have rea1l7ed that hi a red bugaboo was
nut with an amaring rapacity for
eelf-punishment he asked for a grand
Jury investigation flaying into the
president's hands the judge told the Jury
he hoped it would find that the bonus
marchers A'ere not veterans but violent
dicals The proceedings were one-sided
testimony was taken against the veterans
but not for thent A veteran's affidavit
that federal secret agents provoked the
riot was ignored
rven so the worst the grend Jury
could find in this alleged revolutionary
attempt to overthrow the government
Ives that antiCommunist veterans vere
guilty of violence
And all three of these men were
wounded overseas a'cording to official
army and nary records One hois the
distinguished 1ervice cross
Now that the legal proceedings which
were to have supported his action have
shown no cause for his misuse of the
artny and for misinforming the rubnc
what is the president going to do about it?
One complaint made by Mrs Xeaton
was that Buster didn't keep his engage-
- mints And just t4 prove her point he
' didn't even show up for his divorce!
Kiztsing Is less dangerous than shaking
hands a French physician says Maybe
we never have fully realr:ed how dangsr-
oils It is to shake hands
: A NN'onlan's Viewpoint
- The 1161:thm C)-::! Too ltbeh
IA y
MI It:Arlin 1 LUCA SON--
AN1C of Amertea's acs:Ilttevt aathen a
NIF '0 C111A11 ahxss lanttly tAs rt:c4 tp li
fortune In the see anuattnoft thAt she a:l
Irate the 11nttedt F:ates beA'Attos she ta Itted
of being -laaed and taxed
ilklk-r--
to
death
It lit nu that mane
t
thinsts ore arotg etth ova ' 1
eountcy 113 the Pluto- i i'
ctats should he the last to 'a a A t
complatn
m they Ape Iti
44 i I
lik ten lame nteasttre te-
1 1
- sponsttle too out' ptoont '
For genet attttts the --
txtitural r noca esatt of the ''
- natat have teen used to
fi I-A4
butld private totttutes In- i
thviclua4 have been Oven I tt-ee hattd and I
- taotatt4 pertuLted ta help I:let-Ilse:tea to 1
every rano or a ca:h thts CV1Zr:t y loAssosscs
woect tt t$ pltAtt tor one 'man ov er a
-
couple of destaara to amtntulate ttty tr'2hons
or mem sla:'Ats tict:tter he nor 14 1ctts have 1
cause for rect--natatts or eantpltoota
Yet tkoutc:va
tht - se Alt the tIrst to beaat:
thcs lot—the ta:1:tate the roh the cout- i
' tortahlo cry olovtst alttn thcs sootrtes lose
tahe and the's' I:‘:'1'tcs ate it ta hal:
Italted In thes ity:tasaut tIC1'olt'‘'nS et gettttts
' tar mote ntottcy than thee can even cverd
A thcy have nothIpt but anathernsts to nra
upon thOtt Ir't ertment '
The richt reop4 ot the VIutect 11ates date
not ansta the's' enormous restoony'-'''es Low -
tittiotolts setveroas opttlent Arattoa has 1
: ri'rved ber arms to men and tii 'Illen trvms a::
plams of the earth t1:-0 has teat's d honor I
- and money and happusto ttprt them Et
has enoout Attest Ind pretectc1 them Is
stvets:ot ta no cutsed and etselteat In her '
' hour of need hen the tnst taatt deal et I
roll tor:une appeats? I
Thts iould indeca be baest It'statt-'e t
It a ot:d eonsttlute 11e7y s4-ts as sto
honotahle Anvertoen e'tt'1 tolctee t
t'to faot must rot be cnetlo-101 T-ho
IttIng that bake a roied c':vat's has !moo
the tmoorovnu or the rostscros (':Asj t)
f A 4 a t2 AI is it A 1 !I ft:: V't tN17:se
of 11kiory- otc—4 tcu 111 t- ta--e 3 te itst
oott at t :!All Vs rt-1-k ot ic " s a '1 7
In-! 1:att se:tshttoo to s'c:- : s ao-1
stens
Cute Baby Sayings
14) 4
The girl
n h en
a
W-14
— 1 34
144:111P -11
0010t
ttttVitsit TiL
dig
Phone Wantafift to 7-1551
(Contributions to lois CuiLUhfl an wee-
come but Ice Wit not return nor in any
way be responsible for any manusertpts
submitted No remuneration is offered
11y girl wasn't so dumb when he thought
s bulkiness eyrie was something Mir rode
Many hove ridden It to a sorry fall this
time—the
The yid who thinks she's
a heavy date may not
r)01 tvelytt so much after all
witAT AS BECOME OF THE OLD
FAmitioNLD PARTY WHO THOUGHT A 12
MEL WAS BAD LUCM- MAE BRYAN
NIAREAMJNEnT
MANHAVIAN---44
MEW YORK June 11—Eslitteted notes front
a pile of mall accumulated during a brief
absence:
If Jimmy Walker is ousted Fox Films hold
a nut veiling to retch him Which is some-
thing like the fifth hint that "our Jimmy"
might wind up in liollywood some fine day
The Fox tie-up would probably be arranged
by Winfield Sheenan who wns a 5Ianhatten
fire commissioner before he went to the films
And that old Ziegfeld-Carroll wrangle ex-
tends beYond the grave For here's a note say-
ing that thirrict Itoctor In famed
ballerina who got her biggest breaks with the
late ho now goes to Carroll
Jtelt Osterman from his perch on "Va-
riety" assumes that "the guys aho were sell-
mg appies on the streets a year ago will be
?telling theaters next winter!' Those 5000
clerks who hurried back to Well Street have
bronght out of htdtim ft horde of long miss-
ing lee cream vendors sandwich salesmen
It nd bootblacks
Which reminds nu' that bootblack warfare
threntens at the Metropolitan Opera House
For years the Seventh-ay side of this
edifice WAS the exclusive property Of a group
from up Herten way Bard times brought
several dorm Invaders who surrounded the
And brooding trouble!
—GILBERT SWAN
The paNt row months have proved that
hot weather isn't very effective toward thaw-
ing out froven asiets—Gerald Mu !hall
The Corner Philosopher Says
4' a The boy who was talwool
e t 1( - late to school don't seem to
- e hare mhol trwth:e nettlne? !In
0--717dr have much trouble gett:ng
ELLz in Oe slimmer time
7eb liava that he never knew a pod
master could niake so much noise till he
heard II omer Introduced for his ac-eptanee
peevh-11 Nod Lauer
BAD ACTORS
The hitchhikrr tit the show who rides the
beck of your chair
--
The pest N ho muscles into the picture when
)ou are conversing with a friend on the street
-
The one who talks big business in the
elm mot
TI sitle enicker who looks around for
apmtvAtion
-
The Iteophant ssho finsns at brass buttons
The IN41itictith silo likes to probe he ahould
Join the clinic
Litt tin Lack Talk
Andre t1surois description of °Saint
Saturnin" as the story of "King tear In reverte-
is as good a lag 1ne as any to suit
the action of Jean Schlumberitz's novel
DISMAL tX DOOLITTLE SAYS: I jest
ao: 41 IIVO C1Y p:toe there ter wasent
es er Anv t11):1011en:3 er fu-ssin bectiuse rd
know thcr A amn: any thnkln going on around
there As lorg r:lks da any thinkm
d'ftercnk'e of eiynton
Test 17 our Knowledge
s
krwer cf these test q:es-
tions1Jn clawfled psce tor the anssers
1 NV!Ilell sWe c:A'd 1he 'fret eVe1
2 IVIserr Is tIlts 17mverstty of -klAINAntA?
3 1N-A A IN-4y ititth Atier death
Isefe11
4 N etsts enant rise Io Ole top of
sit'At -Ityn 11orst- A melKrArr:e!
6 itle Cle:trsn rail' Any stranties!
lIow hAve sorted In the
V S serve!
S Wist is An Azt Ant::e!
3 Wnst ktrAy rlatts of South
caled!
11 W!si art gkoze--sf
HEY HEY!
Noss 1em: 'V ors: war-st it cAn
re:t:t n'y !Arm s”4 Mrs- :Ames
WiCktr
v'tACN
gpAtANvI'l I
N
At 0t) LIAvi 1144::Z
USED 70 ve
k 41 ) 01
r
my-- Ig0 4 tilos to
t tot k
1 g t t '7 4
—
Ve
AT THE LITTLE END OF THE HORN
THE OKLAHOMA NEWS
Sees Funeral Sermon in Hoover Speech
Editor of The News:
Mr Hoover defeats himself by his
acceptance speech!
There was something more pa-
thetic than I lical running through
the president's speech a:id it was
highly evident that he does not
realire the effects his polities have
had upon the American institution
In its entirety
It cannot be said of Mr Hoover
that he is not thoroughly sold on
his own ideas of rehabilitltion but
his ideas and policies must be
judged by the effects a M not by
their theory
Ile states the high tariff is not
destructive to American enterprise
but because of it millions of men
ere out of work and hundreds of
enterprises have had to establish
themselves across the borders in
foreign Imhis to be able to sell their
goods at all And Mr Rower
doesn't seem to realize the retalia-
tion foreign countries have put into
force because of the high tariffs in
this nation
lie states his policies have upheld
the wage: yet it is strange he can-
not see and understand that reduc-
tion of man-power in mass forma-
tion Is the same thing in fact as
lowerin the wage Today millions
and millions of men and 'omen Rre
unemployed because of Mr Hoovers
theories
When he states his administration
has religiously guarded against clam
legislation he makes a statement
judged by present-day effects en-
tirely void of the conditions he
mentions Fore indeed the glaring
facts are that his administration
has been little less than pure class
He defends his Eeconstruction
Evince Corporation and the Home
Discount Dank System as being con-
structive of rehab''itaion but it
min hardly be considered that cr
less class leislation or much else
than a refined barrel of pork for
the big interests of the land and
eglinst the masses which now stand
on the feather es!Re of poverty De-
fending these financing 'until:ions
created by himself he says they
prevented SNO banks from bank-
ruptcy thereby saving the property
of 25(rs1000 American fa-ies
That can hisrilly be a true state-
ment neither can the tnstuntions
A LETTER TO THE MAIL RAG
LETTERS WELCOME
T HE NEWS welcomes
comments on current
subjects from its readers
Bee a use of the limited
space available communi-
cations should be lluzited to
200 words Letters should
be written on one side of
the paper only The News
reserves the right to short-
en or reject any letter Un-
signed letters will not be
published and because of
space limitations we will be
forced to reject all letters
dealing with candidates in
the present campaign AU
letters are submitted at the
owner's risk The News will
return no manuscripts and
repudiates all I esponsibility
for the safe custody of any
communication sLbmitted
to this or any othcr depart-
ment of the paper
of his creation be defended by it
for the facts are 10000NO homes
and 1000000 farina have been fore-
closed and the people represented
thereby number close to 50000000
and when Mr Hoover men-
tions 25000O00 Willies he includes
all the families in America!
His financing of big banks and
big industries cannot be called any-
thing less than pure class legisla-
tion and the money used by those
institutions is the money taken from
the American taxpayer by force of
constitutional law making the peo-
ple helpless to defend their own in-
terests His Reconstruction Finance
Corporation costs the American
peoples$170000000 annually to pay
the interest on the bonds and this
interest goes to the same human
element his theories of reconstruc-
tion Mind out millions and billiors
of dollars to that they might liqui-
fy their fro:en assets frozen in-
deed by their own short-sightedness
said greed
tie points to the Democratic
house as lathering a "pork berrel"
when the house bills had in view
distribution of the same billions of
dollars to the masses and not to
the special interests and if he had
EASE YOUR CONSCIENCE
1T MARSI1111 lktNEIL
Scripps-Howard Newspaper Alliance
Nt'A$7:-NOTtIN Aug 17--If rcur consolence has been hurting !list
a htlie as y"-u 1se counter recs tit yoar tank to 6:de-step the federal
check tax ::ist to at ease now You art rict a tax evader
If your rcchlrhNd thes:er hts reduced Its azInt:ssion price to the
non-taxat:e yin(
c 4 cents re:her a that tax evastzn
Bot't these egt: avzidanees- and pertNtly rroper in the I
eyes of the tirrau of tnternal rever:A
Tax eNasi:a the t:reau Ls an t:7e4:il scherne avo"'- ray-
mert of :he rw federal leNies Et if there 1s a way Witi'1T1 the 14:v to i
aoconll:sh ar--xin-atey the same erd that a ''egst avoidance"
teze tne t7in:s of the tt-w tax tre nrir beIng trained to tax
co:leo:ors and :heir dces over the tNuntry ty etter tr:ernal revenue
attcnis who hae L'ornrieted :n a 131 schokl ez'ndut:ed
the bureau here -:hx'—ssters- wen efficia"s eon:rotent to expiair the
law and is hez foriner -apils art now -schoc4-
rnas:ers" thetrseAts
41CCa1 1 :Tida77cg-s Studied By Justice -tg(nts
T A: and the tvdnea:a here w::: tntte to sk'n:nIze the
law and the ryc-:la::ta szl that tax evaders tan be caLgt arc1 they
t1:1 lAtw -se 5:)- L'1 ':e A: rfc1AnZkts' ZO delernate that they re-
na:n lett a:
cher :lls I-::t on 1:e ftderal R-netmrnent by the new tat
law ts that zf lte::na sta:ca a:amp c3 gs:ne boct:eti-tr4 BtfNre June
:I At ter g:1:nse VA$ a pnxtct itt':-:h cnly atatis taxet the w--“te toct-
i:4inrt: el thak f':fl sas r-) c---ttzt7r cf the clemnaent B::: nCAr a IS
I CC:N:rt: 1 CT:1 cn tit:i ax:::n and ltere tll:f-ia axles mean 1:sa of
I utc:rev
The bant:a: Is at'1: In Lte tn:'24-1 bf 111--rg c:cre Vini Erd
trta the revlats wrtten ahc-dnd the tuft 1111 Sertrt: utirS tVr-
' cer- -g ttt ttit t:K--::z"1y tax tr'-iP st:: be tett:el Tlw bd--eau has
he:d 1::tt ele-rz:-:y tNe1 f:t: trhtzg p-JIN:Iries tn a !arm ts r:tntt to t-te
! 3 per evrt tix unl rt rartn:n is sInrriZy azorted as an tr:tastry
Iarhi the law tao a that pca-cr aiSS f::::In-d-Ltral "::::—sales cannzi be taxed
Sa thtt bststi the qrt ::m of 1K tethtn te:-:ric:ty ::44 ::t p::::::4nrm water
Ica: Irrgza-Ln r7-7--00-1 to--Irtr17 tW! LT1 dNIntes and e:ectrc-IY use-4 ta
1 VA:Tel V a:0-j a:tts cf fkr!-- twi:tnrry a taut:a
Some Ques:ions of Legal 'Evasion' Not Decided
ssme th!s 1!it ts1esa Z1(11
t-it It tu te vrtra: rtr-1114-ins st24! may b $1 t entr
t'ert
One Is t 4z: U rz-n-14-tzt:e
'rev r My :
t"::)1 et41 to a tr4:e erry:7:er two C !
ra"e rc7-aes tste Lts tzfr'gy t'rr'zZ'f-!
s h1"rtr f:: c fzt
tzn rs Ists trPe th i
C'ts ert 4 I r:1771 cnt
CZ" SI
1
Shawnee Okla
e- :It c!
tLe '7-7o14 L':-4 V: -t C tt::"
Today's Best Poem
not have blocked this so-called 1
! "pork barrel" the people would now I
have money with which to pay their
own bills and unfreeze the same
frozen assets held by the banks
building and loan and insurance
companies
Mr Hoover's acceptance speech
was the pathetic cry of a man who
senses his defeat from afar reallz-o
! ing that he has made a disastrous
! blunder but unable to realize where
i the blunder was made or what it
! He says his moratorium saved the
German people and the German
nation and maybe it did—but it
' dldnt save the American people
neither did it save the American na-
tion from the savageness of class
legislation nor the Toryism advo-
cated and put into effect by Mr
Hoover and a Tory is a sup-
porter of the "crown" against the
I ' "colonies" and the "crown" is
I the money interests and the "colo-
nies" are the common people!
Obviously by his uttered words
Mr Hoover senses the sad state !
into which the American institution
' and its peoples have drifted but be I
Is positively unable to realize what
to do about it
He is refinedly critical of the
Democrats who opposed him and
points to them as the reason for
the sad conditionsbut that is only
the gesture of a drowning man who
grasps at a straw
Mr Hoover preached his own
funeral sermon when he gave out
his acceptance speech! The voters
will bring plenty of "flowers" on
election day to cover his arlministra-
I lion casket!
ALBERT VOSE
This column Is tpen Okla
henna wrvers No remuneration Is
offered No manuaalpt sal be re
urned
Sunsct in 3temorial Park
A green slope gently curves to meet
The pale clear yellow of the eve-
ning west:
While from the carillon in meas-
ured beat
Chimed forth that hymn my mother
syt loved best— 1
"Lead Kindly Light" whose gracious
harmory
Swept Out across the one-time !
ARE YOU DODGING NUISANCE i172: d-!dPiallrileeitr one say? Ai
TAXES? READ THIS ANDI whn oot t
went
1 loon It the e ornent stood in
sanmery
PAqPa VnTIP rinNICIPIrP LEILA KEPLER WILLIAMS
SIDE GLANCES
Py GEORGE CLALK
Phone Wantads to 7-1551
t-3 a Lh::e t-47! c ttrr
Tracy
The Latest Conference
Force of Habit
Cheerful Words
Not Much Expected
-- By 51 E TRACY-
MEW YORK Aug 17--A confer-
1 ence by all means if President
Hoover wants one and let no one be
crass or unkind in assigning the
motive It is possible of course
that he called it for political rea-
sons On the other hand it is pos-
sible that he acted from force of
habit His fondness for conferences
is well known He has gone quite a
while without one Maybe the old
urge just got beyond his control
What a conference can do to boom
business at this precise moment is
not so clear Probably not much
but in that lies the assurance that
no great harni will come of it The
one In 1929 scarcely made a riffle
except on paper Business kept
right on going down in spite of it
That warrants the hope that busi-
ness will keep right on going up
in spite of another
If the president wants to hear
some cheering words from those on
the firing line few will begrudge
him the privilege and if they should
happen to result in a campaign con-
tribution or two why that's the way
we do things
According to the president's call
this conference will serve "the pur-
pose of organizing a concerted pro-
gram of action along the whole eco-
nomic front" It sounds military
but just where is the economic
front not In toto but in respect to
Its more important sectors? Does
It happen to include the tariff wall
for instance or the barriers tc Rus-
sian trade or a tax on beer through
modification of the Volstead act?
To put the thing bluntly what
will this "concerted program of ac-
tion" contain outside of blurbs
about the living standard enforced
furloughs instead of pay cuts the
necessity of credit expansion with-
out real money and the desirability
of retrenchment without reducing
expenses?
If we were selling Russia the
steel she is now buying from Ger-
many or getting our rightful share
of European trade or collecting
$400000000 in beer annually in-
stead of handing it over to boot-
leggers things would not be as bad
as they are but does any one expect
the conference to take up such mat-
ters? Certainly not That would be
touching politics and politics is
barred
Ask The IVelcis
You can get an answer to any answer-
able question of fact or information by
writing to the Question Editor The Okla-
homa News Washington Bureau 1323 New
York-av Washington D C enclosing
THREE cents in coin or postage stamps for
reply 'Medical and legal advice cannot be
given nor can extended research be made
All other questions will receive a personal
reply All letters are confidential You
are cordvilly invited to make use 01 this
free servIce na often as you tease
Q Is Arlington National Ceme-
tery in the District of Columbia?
A It is in the state of Virginia
-
Q Please state the proportions of
whites and Negroes in the popula-
tion of Puerto Rico?
A The 1930 population had 1-
141114 white 397156 Negroes 5605
foreign born white and other races
38
Q What is the nationality and
meaning of the name "Domsitz"?
A It is a German -family name
meaning "judgment seat"
diM'
Q What is the literal transla-
tion of "Aloha"?
A It is a common Hawaiian
salutation at greeting or parting
and may be translated °loving "be-
loved" -favored"
Q Who is the governor of Ken-
tucky what is his salary and how
long is his term of office?
A Gov Ruby Laffoon receives a
salary of $6500 a year and his term
of office is four years ending De-
cember 1935
Q Why have the Chinese men
stopped wearing queues?
A After the overthrow of the
Manchu dyn?sty and setting up of
the Chinese republic iiieties were
abolished as a sign of liberation
from that line of rulers
Q What is the highest and the
lowest point of land within conti-
nental United States?
A The highest point is Mount
NIhitney 1446 feet above sea level
and the lowest is Death Valley 276
feet below sea level Both are in
California 85 miles apart
'1
It Seems to Me
By HEYWOOD BROUN
PrHE barber said "He got a hundred shares
at 1 and this morning it touched 5"
I thought "Are we going through all that
again?" The answer which I supplied to my-
self w a s instantaneous 017
"We certainly are"
After the crash of 1929
many publicists held that 17-
everybody had learned a
tragic lesson and that nev-
er never again would the
tocr
people of America indulge i?24
in wild and reckless specu- -0$4
lation in the stock market 1
We are still a long way off
from the days when every ' 11-A
office boy and elevator op- -
erator was ticker conscious
But an old aroma begins 4111t:
once more to permeate the
air I think I catch the
heady scent of burning f : -
copper stocks sisasosaaAisse
It would be a harsh man indeed who would
grudge America some small return of better
times but it is tragic to contemplate a nation
once again putting on spiked shoes in order
tc sprint down some cliff into the sea
For Members Only
ImOREOVER I wish that there might be
in wider public recogition of the limitations
of that barometer which is called Wall Street
I have heard men speak as if every problem
of poverty were near solution merely because
Steel has climbed from 20 up to 40 It is well
to remember that even if it climbed to 40
times 40 there would still be millions without
shoes or shelter
The benefits of a bull market tend in the
long run to trickle down to the submerged
But since so many eat and sleep and have
their being in short runs I am not willing to
accept the recent activities on the up side as
sufficient reason for dancing in the streets
and general jubilation
There are probably some excellent reasons
to be advanced against the instinct for
gambling but I am hardly the man to make
them And yet it seems to me that we live
in a community which permits topsy-turvy
ethics in the whole matter If a citizen of
New York has a strong hunch that Gusto is
a betiEr horse than Top Flight he will not be
completely frustrated in his desire to back
his inclination But he must find a book-
maker who knows him and whisper sorrel)
titiously into that gentleman's ear
The law as it stands holds that the trans-
action is illegal and anti-social But the same
man may bet as much as openly and as often
as he pleases upon the sprinting potentialities
of copper cotton oil or wheat Even at the
height of the last gambling orgy in which we
all took part lotteries roulette and poker re
beyond the pale
Mr Calvin Coolidge consented to stand out
side the Casino and make a public proclama
tion that brokers' loans were not too high
And on that same day I have no doubt that
in various parts of the country men were
arrested because they shilled for three-card
monte
To be sure in three-card monte the player
has no chance at all Still in the Wall Street
scramble I imagine very few who started
with a shoestring ended with as much as either
tassel
Bets Upon the Vitalities
T HAVE a notion that in the long run it is
I actually more moral and less anti-social to
have gambling confined to such things as
cards and lottery tickets and a small revolving
ball than to take out a normal instinct In bets
on grains and metals and foodstuffs by which
the nation lives I do not mean to be sancti-
monious in the matter Once upon a time I
owned 10 shares of Gold Dust
Nor it is my notion now that the recent
rise in securities has been entirely artificial
Some have said that the whole thing consti
tuted a Republican plot designed to reelect
Mr Hoover I have less faith than that In
the capacity of the president I doubt that
he can move markets At least I do not think
that he can put them up If this lay within
his power he would have done it long ago
Again I do not see eye to eye with those
economists who argue that no rise is justified
until earnings have improired Wall Street
is not a barometer of tomorrow or the next
day but of six months hence Usually its pre-
dictions are more accurate than that of any
single individual And right now it seems to
me that there is evidence that this composite
Intelligence called Wall Street has decided
that things are going to be better by 1933
How Many Will Be Admitted?
nt:T before any of us join in public rejolc- a
irg it might be well to ask the pertinent 4
question "Better for whom?" And we might
a:so give time to conisder whether there is 4
any sanity in a system which imposes a
periodic stumble into mud and misery
I received the other day a card which
proudly proclaimed that Uncle Sam had
conquered 20 major depressions and would
also lick this one
I wondered whether it wouldn't be a little
more sensible for Uncle Sam to get after the
habit rather than the immediate seiture
I used to know a man who had spells of
maiaria He said that he took quinine and
that it was a sure cure for everything but the
first attack
And so before we grow too enthusiastic
about the new spin of the prosperity chariot
ler us just look and see how much room has
been provided in the rumble seat
The Farmers' Strike
0 UT in conservative Iowa a farmers'
strike has been under way for a
week It is called a "holiday" and is fos-
tered by the National Farmers Holiday
tIsociation which proposes to carry into
other states the movement to halt ail
crop shipments for 30 days until better
prices are paid for them Picketing
blockading of trucks and other strike
methods are used
Dramatic as is this demonstration It
cannot achieve prosperity for America's
hord-pressed farmers Their problems
are national and international So mut
the remedies be
These same rnid-west farmers have
permitted special interests to sell them
the high tariff gold brick the anti-Russian
phobia and other isolationist fakes
To start produce flowing from "over-
produced" farms the farmers must join
v-th city labor to loose the International
log-ants now tying up commerce v
means lowering the Hawley-Smoot tariff
rates settling foreign debts on the basis
of trade and disarmament agreements
recognizing Russia Certain internal re-
forms go hand in hand with these ex-
ternal ones Among these are the gear-
In of production to need through some
suzh measure as the LaFollette National
Planning CCYJ:ICII: shifting the tax load
fostering farrn cooperat!ves that may con-
1 piantings: a national land utiliza
Icn przgram that will put sub-marginal
land Into the tree-growing business In-
changes alined at restoring the
nation's home-buying power
co strke can solve the farm problem
:17-an exp:a!rls that she Is Interes!:i
tn AA' and ordcr In Jehol
2-e last word in that stattment thot:d
tate bcf'n pl1:a16
i
4
4
4
4
61
v
II
fo
r
111
I
4
I
II 3
4i
14
11
04
I
)
01
o
1
P4
io
I
!i
(1
0
I)
4
'
0 1
AT THE LITTLE END OF THE HORN
A r-' P0t''m 01"'---' ' 1''''"""'"7"Ler""1"1-7' ' 7:7' lir ) -7-17r -'vt
I
' '''' ? l'' - '' ' ' -' - 4 - A ' ' i-:Aa?
- - : :! - : ' ' '
-4''1 1
' : - - : " '' ' 1 0)i" ell
' '' ' - ' ' ' ' ' '''
!" : - - - 1 t
4) tiol '
N
P OS 1 y l4e
-1441 Pen A PO- ---ip
I ' i1v4 5 I VM V 7
' o ' ' '' ' ' ' ' if ' I '' f77 i ''''
' 11 l' '' ' N! 4 ' 91 il
11 ' ' t ''" 4 '1 I !f rt v
11 k f t' 4 ': '' '' ' - 1 ::::
' ':' '''' k 1 t - ' ' - ' c "'fk -"'
4 ' l
:''' ''': '''s
1-'Y'''' ''''-'P' - '
'' ï7' -4 'h !'e4 yroN
t -7-- - - P - : ''':-''''414!1:1'4-4 -014) -
---- '-
' ' ' l' ' t- - - ' '' ‘-:‘l''' S44-r--4' 7 0 i i
li-7! "7 :- !i i: '11
''' -77
t - : I4 f
Et -
' :- v :
::‘ -
--
-
1-k! II
i :' N
t
' r
S '1 '
'''' 4 1'41
'1tk
-
i- -
14 1
' ''''''"AN l' 'A
:' ':'r' '
'J
i c) t Iv odadoxt L eiA
E-:17?
111'ECIP' --:- '1
41 I
c4)-w t: k -" - : :::1: - ' !!A1
I 1 () N ' : ' : ' - 4 '' '''' :: :"41
4 S?
ve' -- -:' "'::1 -1-:- 2:9Ao' atr:::1
---- - !t: ! 4 '-: : - t:1e -4 tl tTs A -kL'
11111W:1-e ' "wm4001t1044
i I "
i rif-TT:'
04 r--1 cr ) A
:"
-- $ II
---- aOf
'71 i
Z
l' c --
4 w i
v4 4 '44
-" - p-
r
t )
7 py t i ' No ANEW '''''' 2 4 —1-
s14-444 --"tl A )''11 : 4 1 ''''''''
4 :7 ! 0) 4 rd-
-''- -J- I 4 1
trn : 7 ty - 4' -A
j) 11 I 4'44--rt4 - e 1 T4
' 477""'4 1 I an ' i
1fk 44'--' 44- ':' 17" 1k -:-'4'
t 46
: 6 I 4 : Al 4 -!:: 1t14 - 7' ' 71:7: - 51: I I: 4 ! r t7:t :-611ga‘:11rg' 0 0 '
1 47 t " : '-' I '
I
ei'
fi ' vt- 1
'44''' ( it"Z n4T iti' ' ts Z-4 '-'' 4 -
t ‘: i - 4' ! -e'$ !-:-7 I :' - ' - -
7:: : : i -- 4- 4
- L - :ikr4 :1 '
-34 e-! i I t- ' f 4 :t It - ' -
)6
i'll ijt l' I II i1 4-t : :dp1: : '' ' !ttt1 11: lit 57:1 -1
i ( 4 : :frill 0 ':11117' 1 -
i I I ti frk' '?
f' :reP k 'r - - P 0! 11 ttt-
(
)1
ih 44
- p 4 ::
apiks
i' I 4 '
1
:11)) t i6 ill l' 1 ''wtI4 ' le' "" : :I:r -'1 ' 4: 6 ' :It'S:"Id -x)'ll: A'' : - H
1
— r-- ity--t t--- '14 u 1 141 eilf
11AI
11-1" 7:1 I 111 7
V 't 111 'LI -Ni ii Jur $-'1- i ‘2
r 1 l'it'N t Irl fl fl
11 t' L:1 1 4 I 't tl ti 1101 r
S14' "P' (
- '' 1 "Artk 1140eV —1'
(-' JIli':'k'°4 4 1
L
voe: 411A
rt (
4C
4 v 11619
414
10o 7 4"
iv t " tO I
-7'
t N)
r7t7-7::7:::- - 7:-
1 !OS v r - - '''
I
(1'1"
4
P404i Votidtt boo
!
t
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
Magee, Carl C. The Oklahoma News (Oklahoma City, Okla.), Vol. 26, No. 272, Ed. 1 Wednesday, August 17, 1932, newspaper, August 17, 1932; Oklahoma City, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc2010069/m1/4/?q=%22%22~1: accessed July 9, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.