The Clinton chronicle. (Clinton, S.C.) 1901-current, July 28, 1932, Image 8
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THt: CUNTON CHRONICLE, CLINTON, S. C.
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THURSDAY, JULY 28, 1982
•YRADr9RDlMiLir
Wftsliinfton, July 25.The Bonus
Expeditionary Force is , scattering:
back to the states where its members
came from,- with the aid of $100,000
appropriated by Congress to send
them, Washington is glad to get rid
of them, because their presence here
has kept away from the city a large
proportion of the usual Summer tour
ists, who have been afraid of a mob
uprising. There never was any danger
of that, but outsiders didn’t realire it.
Mellon Expe<|ted
To Resign Post
‘Need of Younger Man To Han
dle War Debts Parley*’ To Be
Given As Reason.^ ^
London, July 25. — The Daily Her
ald said today Ambassador; .\ndrew
W. Mellon “is expected to resign”
when he arrives in Washini^on on his
present trip to the United States.
ing he was going to the United States
Stall
•e ^
a
no*
for a holiday, taking advantage
dull period in embassy work. ' '
/ He, himself, said the trip had
political significance.
Today, however, his leaving vvas
coupled with the departure of the
British ambassador. Sir Ronald Lind
say, from Washington and other
newspapers besides ^he Herald print
ed dispatches from New York and
Washington speculating on the coin-
I cidence.
* j
visit is purely personal, it was said,
and was planned sometime ago.
\ MELLON BACK HOME
New York, July 26.—A lull “over
I
It is beiL'^’ed he will tell President
'Hoover the coming negot.aiions on
i war debts should be in the hands of
** The Herald
ia younger man than he,
;added.
The London newspapers have been
[ making something of a mystery of
the ambas.saSor’s trip home ever since
he left here a v/eek ago today, declar-
Beforc he left here the aml>as.sador |
indicated to his associates he intended |
to remain in the United States two
or three weeks and be back in London
before the end of August. So far~as
was known in official circles here to
day his plans have not been changed.
There has been tjo official intima
tion whate\er that he had ar.y inten
tion cf relinquishing his jwst. The
there”, brought Andrew W. Mellon,
American ambassador to the.Court of
St. James’s, back to America ♦oday
and reports that he intended to re?
sign brought emphatic denial.
Tlie former secretary of the treas
ury leceived more than .a dozen re
porters in his stateroom aboard the
liner Majestic as it rode up the bay
from quarantine.
He remained cordial throughout nr
onslaught 6f questions but answered
only those queries that referred to his
reported resignation ^or to the weath
er.
“It (resignation) is news to me —
midsummer news,” he said. “There is,
no foundation for the report.” ^
HTIEN D^RESSIONS END )
(The New York Times) *’ /
A ray of hope has been found by
one brokfc.'^ge firm in ibe fact that,
all of the luajor business depressions'
Why not keep your money at hone
by giving me your subscriptions, both
new and renewal. Prompt attention
given to all order*,
JAMES W. CALDWELL .
CaU 38 at 12 P. M.
of this n*untry since the Civil war
have er.d.,d between May and Septem
ber. In the depression of 1873-1879,
for example, the stock market reached
its lowest level in June, 1877; in the
slump- of 1884-5 prices touched bot-
torti' in May, 1884, and June, 1885.
Similarly, the depression of 1893- to
1896 saw security prices at their low
est in July, 1893, and*August, 1896,
while in the post-w'ar slump, the mar
ket reached its lowest level in August,
1921. These 'iltatistics are cited to
show that if the «stock market is to
forecast a recovery in business this
year, it should begin to reflect the
improved outlook within the next two
months.
For Nervous
Headaches
A haadacb^ is Nature's waming
Off high nerve strain. You can get
quick and itelightful relief ^ front
headaches and other nerve pains bgr
using Capudine because it soothes
the tense nerves, (^ontai^s no opi
ates and does not upset the stomach.
Being liquid, Capudine acts al
most instantly—milch quicker than
tablets and powders. Sold by drug-
g lsts in 10c, 30c, and 60c sizes, also
y the dose at founts, (adv.)
Cliecking I’p on “Honest (Jraft”
Political propagandists of both
parties have been busy digging into
the records of “honest graft” on the
part of memibers of the House and
jNenate, and have uncovered source.*
of income, above their salaries, ot
which a majority of members, of Itoth
parties. s<*em to have availed them
selves.
Not that there is anything techni
cally dishonest about putting members
of one's family on the government
payroll, or collecting trtkvel and ex
pense money which has not been ac
tually expended. Congress makes the-
laws governing tho.se things, and Con-
grei* has carefully seen to it that j
there are many legal ways in which I
its members can add something to
their $10,(HM» salaries.
Every member, for example, is en
titled to charge 4(t cents a mile for
travel between his home district ^ind
Washington, at the l)eginning and the!
end of each session of Congress. That j
runs up into material money in the |
case of a meml)er from the Pacific i
( oast, who ( an put in a bill for close j
to at least twice a year fori
“travel exjK'iisc*,” whether he goes,
home between sessions or not. |
Instances have been uncovered
whete inemlaMS collected round-trip 1
tiavel expenses between the end of a'
regular session and the beginning of
a special session which began only- a
few days later, when it would hay**
been impossible for them to go home
and back in the time allowed. They
got their travel pay, nevertheless,
liegal, of course -but is it legitimate
and honest ?
In the matter of members of their
families of (iovernment payrolls,
enough has already been disclosed to
make some hundreds of congrijasmen
and not a few senators anxious that
nob(»dy goes into their home distriuts
with the facts. Each member is al
low (hI $2.00(t~a year for a sevretani';
In addition, every committee of each
house* has an appropriation for a coiln-
mittce clerk, and that appointment is
at the (lispo.-al of the chairman of the
committeec. Besides those functionar
ies, there are literally hundreds of
other (‘inployees in and around the
Capitol and the Senate and House,of
fice building — something more than
.Many members appoint their \vives
<)r their sons as secretarie.*. put
nephews and other relations in as
pages, clerks and the like. The rt‘cijrd
is not yet compleU*. but enough has,
Ix'cn discovered to indj.eate fhal t.iere!
are (omparatively few members of
either house who have not tM“en alile j
Vo add a few thousand a year to the
family income hy these methods. !
As stated before there is nothing*
partisan about this impiiry. .lust [
about as many memlH-r.s of one party j
as of the other are‘'eoheerned.
Ib'sides the money perquisities,
member.** have luxurious offices fur
nished at (iovernaifenl expense, elab
orate Turkish baths and barber shiips,
the best restaurant in Washington for
their exclusive use, many other luxur-;
les which make the life of a Senator
or Representative far from unpleas
ant. What is worrying some of them
now', however, is the fear that tbe
facts about these things will get back
home where their constituents are
groaning under the burden of taxes
imposed by these same tffwrna
The facts might result in some em-
barra.*sing questions between now and
election.
It begin.* to look as if |beer might
keep Congress in session all Summer,
tlMriirl> you never can tell. It may ad-
5o||to before this gets into print,
thoo^ thac i* hardly likely. The ef
fort to amend the Volstead act at this
session has a lot of force behind it,
and it may succeed.
The settlement of the German re-
pa rations qiiemTon aC"La usanfie has
revived interest and discussion con
cerning the readjustment of Europe’s
debts to the United States. 'Hie best-
informed persons here are convinced
that we shall never collect any ma-
teriaf amount (»f the priitdpaLof those j
debts, and* that what will have to be j
worked out is some way of coming
to a permanent settlement which will
not be actual eaneellation but will'
amount to the same thing in the end.
A tough job for the diplomats.
One corollary of that will be' the
necessity for refunding our own in
ternal national debt, as Great Britain
ia doing witb it*s bonds. There is no
indication that we can pay off any
more of our Liberty and Victory
bonda for a long time to come, but
one of the first problems which will
Jiave to be tackled by the next Admin
istration, whether that be Mr.
Hoover's or Mr. .Roosevelt’s, will be
how to rednoe Mie talerest rate on the
Ted&ni 8eht
e are now
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>1 1 G U M O N A R C
OF THE ARCTIC
S. M* & E. H. Wilkes & Co.
Clinton—Two Stores—Laurens
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