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THE HAYS FREE PRESS, HAYS, KANSAS.
AMERICA'S DUTY AND WORLD j
Last week the American Bankers' I
Association met in New" York City)
and issued world economics and j
America's duty and responsibility. ;
Resolutions touching these important j
matters were adopted. .Briefly, the
essential recommendations are:
1. That the administration con-
sider the advisability of promptly:
making its representative" on the re-'
paration commission an official of
2. That Congress extend the
powers of the Debt Refunding Com
mission so that it can negotiate more ;
effectively with the foreign nations '
owing money to the United States: i
3. That the adminisration form-!
ulate the principles on which it can
co-operate in rehabilitating Europe. !
What is America's duty and re- j
sponsibility in world economic af-1
fairs? Can economic problems be se- J
gregated from political problems, in !
(41 view of the present temper of Eu-J
The aggregate debts of the nations 1
of Europe engaged in the recent '
World War reach gigantic propor-'
tions. They are counted in billions j
of dollars on a pre-war basis; yet how
few stop to consider what a billion ;
dollars mean? I
These debts were incurred in a des- i
perate struggle between the' central j
powers and the allies to gain the as-,
cendancy in economic power, political
authority and world trade. When-;
ever any one of these nations found I
itself short of funds to pay war exi
penditures, resort was had to the j
printing press and irredeemable paper j
Today it is estimated that the vol- j
ume of paper money in Europe ex- ;
ceeds three hundred billion dollars j
(on a pre-war gold basis), not count- ;
ing the thousands of billions of Rus- j
sian rubles, worth nothing, in gold, j
A German paper mark, and an Aus- j
triaa paper kronen have shrunk to al-
most nothing in gold value while a !
French or Belgian franc and an Ital-!
ian lire are badly discounted. ;
Obviously, this state of affairs dis
turbs the credit and trade of the
world, and makes international ex
change worse than a gamble. Busi
ness cannot be conducted between
men or nations while the unit of mon
etary measure is varying daily or
dropping to little or nothing in ex- :
change gold value. '
What is America's duty and re-'
sponsibility? The various European j
allies owe each other vast sums of j
money, while their combined debt to
the United States is something like
$12,000,000,000. How to handle this
debt and at the same time serve the
interests of the United States as well
as the world, is the -biggest problem of
What has the United States done
already to help Europe? Incurred a
debt of some $24,000,000,000; sent
two million armed soldiers to France;
spent billions in a merchant marine
to transport troops and munitions "of
war to Europe; purchased on private
account between seven and nine bil
lions of dollars' worth of European
securities, before and since the armi
stice, thus investing more American
capital in European enterprises than
in American enterprises; sent many
millions of dollars' worth of food and
clothing to alleviate hunger and suf
fering. "America's generosity has
transcended anything of a similar na
ture in all -the world's history. Yet
some talk about America's selfishness
and aloofness! America has per
formed her duty and fulfilled her re
sponsibility, in so far as world
brotherhood and Christian help are
But some want more than this;
they want all the debts wiped out or
largely reduced, including the debts
due the United States. The Amer
ican people are divided into two
camps one favoring wiping, out the
war debts, including the $12,000,000,
000 owing the United States, the
other strenuously opposing any can
cellation or reduction of the debt.
The one faction argues that the
nations "of Europe (with the excep
tion of Great Britain), cannot pay the
debts; that the gold standard never
can be restored to Europe; that any
attempt to collect the debts will not
" only injure American industry, but
force the crippled nations still further
The other faction argues that the
war was Europe's -war; that we have
done our own part, and that we can
not bear the burden of colossal war
debt unless relieved by what Euro
pean nations owe us.
Involved in this tremendous ques
t ian, is the" willingness of many pri-
vate American creditors to undertake
the collection of their debts from Eu-'
rope by admitting foreign competitive
products, with no import duty at all,
or with a nominal duty. These peo
ple join with certain British news
papers in denouncing a protective
tariff for the United States on the
ground, Torsooth, that they may not
heebie to collect what is owing them
frSm Euros. - . -
Coxstj ii tae Presidtat have
created a Debt Funding Commission
with power to exchange I. O. U.'s for
long-time bonds; but the -obligation
of one country cannot be exchanged
for the, obligation of another; and no
part of the debt can be. cancelled.
This last restriction would seem to
settle the question- of cancellation so
far as the United States is concerned,
unless the powers of the Dfrbt Fund
ing Commission are enlarged by Con
gress. Obviously, the greatest peril, con
nected with the entire problem of in
ternational debt adjustment is inter
national political complications. To
avoid these snares the United States
kept out of the League of Nations,
out of official activity in reparations
and out of all European politics.
Until the international atmosphere
clears and European nations devote
more time to production and less to
politics and political jealousy, it
will be wise for the United States to
stand pat and attend to its own press
This is America's duty and re
THE POLITICAL SITUATION
Wellington, Oct. 20. "Taxes will
be reduced in Kansas if I am elected
Governor," was the statement made
by W. Y. Morgan, Republican candi
date for this office, at his meeting
here today. "Everywhere I go I nnd
that people are interested in this
subject, and I am glad to have a
chance to make a definite statement
to the voters."
"When I was a candidate in the
Primary Fpledged myself to. a reduc
tion in state expenditures, and
enough people believed that I meant
what I said, and could redeem the
pledge to nominate me. I shall most
certainly keep faith with them.
"Kansas is doing business on a sys
tem that is more than sixty years old.
We need a budget system that will
put the Sate on a scientific business
basis. That is the way to save tax
money, for it will eliminate useless
boards, prevent overlapping appropri
ations, and run expenditures through
one office, so that extravagance or un
reasonable prices may be detected.
"A Republican administration has
reduced your State tax. levy for next
year from 2.235 mills to 1.66 mills.
That is a" substantial saving, and it
seems to me that with a tax reduction
like this already accomplished, and
further saving in sight, it is a poor
time to switch horses."
Topeka, Oct. 21.- Standing square
ly upon the platform upon which he
was nominated, and which was adopt
ed as the Republican platform by the
Party Council, W. Y. Morgan is carry
ing his message into every county in
the State. One of the charges recent
ly -made against him is that he is an
advocate of hard surface roads.
Here is the record. On August 3,
before the Republican platform, was
adopted, in a signed editorial in the
Hutchinson News, .Mr. Morgan said:
"I am not in favor of hard
roads in any county where the
people of that county themselves
do not want them. I am not in
favor of sending a lot of money
to Topeka for disbursement, but
think it should be handled by the
commissioners of each county
under business regulations. To
put my road position .fairly, I
will say that I believe the people
who pay for the roads ought to
have the right to say whether
they want rock roads, gravel
roads, dirt roads, or whatever
other kind of roads are fashion
able in that' locality."
On August 29th the Party Council
met at Topeka and Mr. Morgan was
chairman of the committee which
wrote the Party platform. Onthe
subject of roads the Republican plat-
J . gf5V - ' 1
Y ,i .1
munwn "" cgtv;:
ne nays ury mow; mims
"The great size and varied condi
tions of Kansas make it difficult to
have a road law which meets the
changes required. A road necessary
for the needs of Wyandotte cannot be
afforded or even thought of in Mor
ton. The people of each county
should have the right to decide the
kind of roads that are best suited to
their needs and are within the limit of
their means. In other words the peo
ple who pay the taxes should have the
right to say the kind of a road for
which those taxes shall be expended.
We favor such legislation as will in
sure retaining in the respective coun
ties such funds as may have accumu
lated from automobile license fees or
that may accumulate therefrom."
No voter should have any trouble
in understanding the Republican posi
tion on the road issue. Put in the
Kansas language it means that every
county under Governor Morgan will
have the right to say what kind of
roads they want, or to get along
without any permanent road program
if they so desire.
' -.(First published in the Hays Free
t Press. October 12, 1922.)
1 ROAD NOTICE'
State of Kansas, Ellis County, ss.
Office of County Clerk
Hays, Kansas, Sept. 20, 1922.
To Whom It May Concern:
j Take Notice. That a legal petition
signed by L. D. Reynolds, by C. W.
Reeder, his attorney, and other
4 Householders of BigXreek Township,
in said County, has been presented
to the Board of County Commission
ers, praying .for the location of a
road, as follows, viz:
! Beginning at a point on the north
- line of section 32-13-18, 260 rods
I more or less west of the northeast
: corner of section 32-13-18, thence
j east on the north section line of sec
tion 32-13-18, 260 rods, more or less,
! to the north east corner of section 32-
And that said Board appointed
John Jacobs, Frank Atwood and Joe
Goetz, Viewers, who will meet at the
Abstracts Loans i
I THE ELLIS COUNTY
1 ABSTRACT &LOAN CO. f
!j F..S. Wasinger, Prop.
Hays, Kansas. - 1
Real Estate In'urance
If so; perhaps eye strain
is the cause. Properly fit
ted Glasses will releive this
. W. F. CZESKLEEA
At the Hays City Drug Store
IS GIVING FINE
place of beginning of said road, as
petitioned for, on the 25th day of
October, 1922, and proceed to view
said road as the law directs, at which
time and place all persons interested
may attend and have a hearing. In
case said Viewers fail to meet on the
day designated they-may meet on the
following day, as provided by law,
without further notice.
BY ORDER OF THE BOARD OF
WITNESS my hand and official
seal of said Countv, this 2nd dav of
M. A. Basgall,
(L S) County Clerk.
1 BUSINESS CARDS
REA & FLOOD
Office over Citizens State Bank
Phone 129 - Hays, Kansas
DR. H. El NEI$WANGER
Citizens State Bank Bldg.
DR. JOSEPH F. DREILING
J. S. Dreiling's Building
Victoria, - - Kansas
J. R. BETTHAUSER, M. D.
Physician and Surgeon
Successor to Geo. P. Hemm
OfSce Phone 485 Res. Phone 257
DR. O. A. H EN N ERICH
Eye, Ear, Nose and Throat
106 East Juniata Street
Hays, - - Kansas
DR. CHAS. F. LITTLE
Physician and Surgeon
Office in Wiesner Building
Office Phone 240
Res. Phone 283
Insurance and Loans .
!' If you need anything
W. J. MADDEN
GOVERNMENT BONDS BOUGHT AND SOLD
The people of this community, are so discriminating
in their tastes that nothing but the best will satisfy fhem.
Our Groceries are above the average and are sure
osiI " is- Csislu
Owing to the present financial conditions, we find it m
necessary to conduct our coal business on a strictly cash E?
basis. We are putting forth every possible effort to get t
coal, and we are getting it, but must pay spot cash and j
therefore we must sell. for cash. 1
ni tt rnAT ...:n l. il. i . . s-km ot-t- l-i
wvssx win uz uic
VICE the best we can render.
Citizens Lumber & Supply Company
PHONE 537 .
Hays City Transfer Line
The best Dray and Transfer Service
in the City. Phone 18.
P. F. FELTEN
HAYS, - - - KANSAS
- Isaac Zeigler k Bbh -
Fresh and Salt Meats
Groceries and Coal
A Fresh Line of Groceries always on hand. Also
Fruits and Vegetables in Season. Free.E)elivery.
Phono 13 - Hays,
. ScInroMsF's Emm
umber, Shingles, Lime.
TT A 'O
in the above lines, see
ucsi we can gci, uuft OIL is.- j