Great Falls daily tribune. [volume], December 24, 1920, Page 6, Image 6

About Great Falls daily tribune. [volume] (Great Falls, Mont.) 1895-1921

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GREAT FALLS DAILY TRIBUNE
W. M. Bole, Editor O. S. Warden. Manager I^eonard G. Diehl, Business Manager
EDITORIAL PAGE
EXPERTS ARE OPTIMISTIC.
\V /E continue to note cheering opin
** ions expressed by the economic
experts as to the future of business
in this country accompanied by news
items of wage reductions, unemploy
ment and liquidation. The Univer
sity committee on economic research
of Harvard college which a few
months ago predicted pretty accu
rately present conditions sends out
another cheering message. A few
weeks ago they made the prediction
that by next April we might expect
a new business boom. On December
15 they again went on record as say
ing that at the end of the present
period of liquidation they expect no
long period of depression. If the
period of liquidation is to end in a
few months and to be shortly fol
Icwed by a new movement of ex
pansion the country will not be hurt
very badly. The business failures
are about three times as large as
they were at this time a year ago,
and yet they do not compare in num
bers or amount with the business
failures in 1894 or even in 1907 at
that. Considering the fact that a
great expansion and inflation in busi
ness took place during the war, and
much money was borrowed to fi
nance such business extension nec
essarily, we think it will be conceded
by all economic experts that the
business of the country has stood up
remarkably well during the biggest
shrinkage in prices that the country
has ever seen in the same length of
time. It is well to recall at this
time that it is only last February
that marked the high notch in whole
sale prices in this country and that
they have shrunk on the average
nearly one-third in ten months. Had
it not been for the generally sound
condition of business and the intelli
gent operation of our banking system
which insisted on deflation and liqui
dation for some time before prices
reached their high point, we would
have had a much worse record to
contemplate at this time in the way
of business failures. We can con
gratuiate ourselves that it is no
worse and hope that the bottom has
been reached in contraction,
Congress which a year ago was
agitated over schemes to reduce
prices and check the soaring cost of
living is today equally agitated over
falling prices and seeking to boost
prices by every means in its pqwer.
The lower house has passed the
emergency tariff bill by more than
a two-thirds majority. To our mind
its influence if it becomes a law will
be largely phychological, but even at
that it will help some we hope, un
less evil effects that we do not now
foresee come from it. But our faith
is more firmly grounded on economic
law. Many commodities are now
selling at less than the cost of pro
duction. Apart from any legislative
enactment that price level cannot
last long. Such commodity prices
must move up. A wise man once
said that the time to buy goods or
necessities of any kind which are
staple needs is when the price is low, •
and the time to sell is when the price
is high. The man who acts on that
theory generally makes some money,
All sorts of agricultural products are
very much depressed in price just
now and men with money are getting
bargains in land, livestock and agri- ^
cultural products.
The first of the new year is close
at hand. Many shrewd business men
expect a change in prices shortly at
ter the first of the year. One reason
for this expectation is that many
business men wish to liquidate their
losses before January 1, in order to
be able to deduct such losses before
the end of the income tax year and so
lighten the tax burden in their in
come taxes due the federal govern
ment. After January 1 they are less
inclined to sell at a loss and more
inclined to buy at cheap prices.
That factor no doubt will have its
influence to some extent in stimu
fating business after the new year. ;
On the whole the business outlook
is more cheerful in the past few days
or weeks than it was a month or fcrvo
ago and for that we may be thank
fill. If the public can be convinced
that prices have now about reached
rock bottom there will soon be an
upward movement because then the
wise ones who have the means will
want to supply their future needs at
the low prices now prevailing. It
would only need a very slight up
ward tendency in prices to start a
buying movement that would raise
prices still further and start the
wheels of production on a large scale
again The opinion of the best in
formed men in the business world :
.
agrees with that held by the economic j
experts when they predict that such ,
time is now close at hand.
That's Some Consolation.
I
„ j
There's many a million between j
the estimate and the appropriation, j
—Washington Post.
CHRISTMAS, 1920.
/""«HRISTMAS EVE is upon us. To
morrow many happy children in
the United States will be playing
with their new toys, and the older
people will be filled with Christmas
cheer. In no other part of the world
are the people so favored with full
stomachs and holiday plenty. The
poor we have always with us. says
the scripture. That is true even in
this favored land, but in no other
land that the sun shines on dur
ing this Christmas season are there
so few people who are hungry
and cold, and without the means of
celebrating Christmas day with the
joy that is meet for that occasion,
and that generally prevails at this
season of good will and rejoicing,
And that thought leads us to re
mark that the joy of Christmas will
be vastly increased to our readers
if they celebrate the day by bringing
joy to some less fortunate than them
selves. No words of greater power
and wisdom were uttered than when
the Great Teacher said that it was
more blessed to give than to receive,
Millions of our citizens are realizing
that fact in tasting the joy that comes
from giving to their loved ones on
Christmas Eve. It, therefore, seems
a suitable time to call attention once
more to the great work that Herbert
Hoover and associates have under-1
taken in feeding the starving chil
dren in Europe.
Would it not add to the rich flavor
of the Christmas goose and plum pud
ding, with or without the appropriate
sauce, on the Christmas table if you
knew that a ten dollar bill had saved
the life of a starving child in Austria
or Poland, or some other part of Eu
rope, and that the ten dollar bill had
been contributed by you who provid
e d the joy that pervades your own
family. Just try it. You can send!
it to The Literary Digest fund or to
Franklin K. Lane, treasurer of the
Hoover fund movement at New V ork.
A check or a money order will do
the work. We are sure that it will
p a y great dividends of satisfaction
to the giver, and the greater the sac
rifice needed to send it the greater
the dividends on the investment will
' üe
That is a splendid and noble work
t hat this country has undertaken
The sum required to carry it out is
some twenty-three million dollars,
The Literary Digest fund alone
raised by appeals through printer's;
j n k only has now passed the million
anc j a quarter mark. It will soon
reach two millions. Two and a half
millions more are pledged through
the movie picture shows of the Unit
ed States. Half a dozen other
a gencies are at work to raise the
needed twenty-three millions, but
it is yet a good deal short of realiza
tion. However, the work of feeding
these starving children through the
winter will not stop on January first
as it would have to do for lack of
nïoney had it not been for the out
pouring of American charity. Enough
has been already realized to carry it
on another month or two at least
an d we have a pretty firm convic
tion that the great heart o£ this re
public will replenish these funds
from time to time until the children
are sav ed.
Three million and a half children
redeemed from death and fed by
American good will is surely a
Christmas gift worth while. It will
,-fo more to wake good will toward
our republic than the building of
many a new dreadnaught. And yef
total sum invested is less than
cos t of one modern ship of war.
jr congress would cut one capital
s hip off its new naval building pro
g ram an d give the money to Herbert
Hoover, which was saved by so do
we think it would meet the high
a pp rova ] G f the people of the United
states and pay as big dividends to
t ^ e na ti or j in the gratitude and appre
c i a tion of foreign people. We would
ra ther have the knowledge that we
savec j three or four million children
j n Europe from starvation than an
other monster iron ship in our navy
—much rather. We are surprised
some senator or congressman
( j oes nü t propose it. This may be
"idealism," and we are warned that
t kere i s a reaction against idealism
i n t hj s country, but we believe that
jj j s pr a ctical politics as well as
"j(j ca i jsrn." It would be worth the
p r j ce to do it in raising up friends
£ or republic against the day when
jj, j^y j ;e that we will need friends,
why not try it?
Make It Anti-Everything Reform.
The next step in the progress of
militant reform is an AnM-Every
thing league,—Birmingham A ~~
pj era j(j
Age
It i* no longer necessary lo cut down
mother's dresses for Jit tie sister.—Gen
eva Times.
There was an old woman who lived
j n a but that «us when it cost
4 , ss to own a shoe.--Knox ville Journal
And Tribune.
EZ><? SPIRIT
o/AMERICA
DAILY
EDITORIAL
DIGEST
Exclusively for The Tribune by the
(.'ousolidated Press Association
Today's Subject:
America "Okehs" the Peace Prize Award
When the Nobel peace prize came to
America for the third time with Wood
row Wilson as the recipient, the conn
try's newspapers, regardless of how
they cast their votes in the solemn ref
erendum, were almost unanimous in
their opinion that the honor was de
served. Despite differences over his
methods and doubts over his success
there is a general agreement with the
comment, of the New York World (Dem.)
that it was the president's "distinction
that he made the general question of a
guaranteed peace the dominant issue
of the day ' or at least, a« the Jersey
City Journal puts it, "made it a world
wide issue."
Although tlier« is some tendency on
the part of the President's more enthus
iastic supporters to predict an outburst
of contemptious comment from those
who opposed his policies, this charge is
scarcely justified The New York Trib
une (Rep.) is the exception, however,
and its remarks are called "typical"
of the "bitter haters" by the Des Moines
Register (Ind. Rep.). The Tribune sug
gesting Marshal Focii as a more worthy
subject for the just reward, ironacally
gives these directions to others who may
aspire to the honor accorded to Pres
ident Wilson:
"If they keep from their minds pois
onous knowledge of what war is. or v, hat
has caused a particular war, and above
all defeat the establishment of a jusr
peace, they may hope to be decorated
with the insigna of the Order of the
Dove."
To this the New York Evening World
(Dem.) responds in kind:
"The mouthing» of the Tribune are a
fair example of how partisanship may j
blind. From the Tribune it is doubly 8b- |
tonishing because of the fact that the j
Nobel prize committee continues to op ;
erate under the same rules under which !
the peace prize was awarded to 1 !i •
dore Roosevelt, the particular idol of the j
Tribune."
But while some of the other tie pub
licau papers may be silent on the subject j
by no means all of them withhold their;
satisfaction with the course taken by j
the committee. "America can lay aside j
partisan bitterness" says the Nebraska!
i^tate Journal (Lincoln, lud. Rep.), to
"recognize the fitness of lise award' j
and the Providence Tribune (Ind. Rep.),
granting that the president did not h <- '
compiish all in undertook, thinks, that i
"beyond all cavil and dispute lie has j
dm,, more i hau any other man during the 1
last few years, perhaps more than any j
one man did before, to turn the world'" j
face and footsteps to the inauguration oft
a reign of justice and law among all j
nations." A similar statement eoiues j
from the Sioux City (la.) Journal!
< Repwhich says "the awarding of the
Nobel peace prize to President Wilson
is a fitting recognition of his work in
behalf of world peace, irrespective of
final accomplishment of his efforts. The
Pittsburgh Gazette Times (Rep.) adds:
"However people may disagree with
hiiu as to the practicability of the meus
m es proposed or supported by him, none
ipiestiots the sincerity of President
Wilson's advocacy of universal pea«.*.
No other man of his time has been more
earnest and persistent in pressing the
adoption by all nations of the scheme
which he believes will prove efficacious
with war."
The * 'hicago Daily News ilud.i emnxi j
crates the acts which it believes made!
Wilson the logical winner, namely, "th"
repeated appeals to the German people j
over the heads of their autocratic and !
militristic chiefs, during the period when j
'peace without victory' was still deemed |
possible, for his famous fourteen points j
Vilich helped to bring about Germany's !
application for an armistice, for his work j
at Paris in modifying the harsh term- .
originally insisted on by Clemenceau and j
Focli and for his efforts to establish a j
world peace."
The fourteen points, in the opinion!
of the Louisville ( 'ourier Journal (Dem.) !
were reasons enough in themselves an«i !
the fourteenth point the greatest of all. 1
It says:
"Whatever may be said of these gréa; j
principles, and irrespective ■>! whether!
some of the m were relinquished in the 1
subsequent peace negotiations, the iiu j
portant thing is that they formed a basis !
by which cannon were silenced and men j
were released from momentary danger!
of death."
Pointing out bow even before the war !
the president was working for the asso '
ciatio nof nations embodied in the four j
teem h point, how he continued his ef
forts during the wnr itself and through I
the negotiations, the Indianapolis News
< Ind.) shown that "his record. . .has been j
consistent ami continuous" and "he has :
therefore distinctly merited the prize." j
it; is because " the League of Nations ;
is the fruit, of his eforts »..re than any !
other mail's" the Wichita Kagle ([nd.t
believes that the prize was won and the ;
Milwaukee Journal (lnd.i adds:
"And though the gathering at Geneva 1
should break up tomorrow this would <
still mark further service to the cause I
of peace than any for which the Nobel :
prize has yet been awarded. For a higher
point has been reached than any hereto I
ore in human history. The word of man |
is that all this has been a failure. The {
faith and the determination of millions ,
is that it shall not ail. These millions !
of ibe earth will not, ask why the Nobel i
prize has gone to Woodrow Wilson." j
The signal difference in the contribu- i
tion which the president has added to'
the cause of ending war, is, to the New !
York Rvening Post ( lnd.i, the fact that j
"lie set out to realize the ideal of peace i
in the world we live in' rather than doing j
as plenty of others have, .merely grant j
a "willingness for international peace !
in their own kind of a world and upon >
their own conditions." Wilson "worked;
for a habit of peace,"' it explains, and ]
"as that habit grows his vindication will!
grow." It is indeed the future that will :
yield him the greatest praise, many j
agree. "The Nobel prize, "predicts the !
Lynchburg News (Dein.), is "but a per j
cursor, but a preliminary indication, of
what awaits the president and his mem
ory," The Denver Rocky Mountain News ■
(Ind.) asks:
"It is not likely that a new generation j
will commend the selection by the Nor
wegian committee of Mr. Wilson as one
of the best entitled to the reward for i
his services of the cause which the doner j
of the prize had in his heart when he j
signed his will. We of today may be too
close to the scene to be final in our judg
ments. In his writings fully as much as
by his acts at the peace table Mr. Wilson
prepared the world for a new order that
poets and internationalists have been
dreaming of s«> many years. He set the
I
The Haskin Letter
Bu hREDERIC
h A SKI . V
WASTING RADIUM
Washington. Dec. 21.—That continu
ed wastage of radium is foolishly de
pleting the supply of the world's most
valuable metal is claimed by geologists
here. Every milligram of radium is
jealously hoarded by the medical pro
fession as a great power for healing.
Yet large quantities of it are annually
introduced into luminous paint so that
wrist watches ami alarm clocks may be
conveniently consulted in the dark.
It is true that, preeious as radium is.
there is only 10 or 1"> cents worth of
it on the luminous dial of a watch.
But when thousands of time pieces are
made luminous, the value of the radium
consumed is estimated to reach not less
than .$."00,000 a year. This means
about three grams of radium, which
seems a small amount, until you re
member that there is less than half a
pound of the metal in the world at,
present, and very little is added each
year.
The lamentable feature of the lumi
nous dial business, where radium is used,
is that the precious metal is permanent
ly lost. The radium on the dial is still
potent long after a clock has succum
bed to old age, but the amount of the
metal is so infinitesimal that it would
be impossible to recover it.
The point made in this connection is
that the radium is wasted unnecessarily.
There is a metal similar to radium,
known as mesothorium, which is equally
efficient in illuminating watch faces,
and which is the logical material to be
employed for this purpose. Mesotho
rium is not a new material. It was dis
covered in 1905. Its cost is only about
half that of radium, vet it has never
been widely used by clock and instrument
makers, though there is presumably
enough of it available.
The life of mesothorium is only about
seven years. At the end of this time,
if the watch with a luminous dial is in
working order, it is a small job to have
the dial illuminated again, or replaced.
Radium, unlike mesothorium, loses its
power so gradually that it may for prac
tical purposes be regarded as retaining
it indefinitely. It is estimated that in
1,800 years, radium loses one-half its
weight, and in 180O more years another
half. Obviously a wrist watch is not
going to last long enough to be worthy
of so ageless a material.
Radium Lasts.
The long life of radium is what makes
K really practical for medical purposes.
If it could be used but once, or even a
few times, the cost of radium treatments
would be prohibitive. But. because the
energy of radium is undiminished b.\
use, it is within the reach of rich and
poor alike, where hospitals make use
of it. It does uot matter whether it is
kept in sunlight, or in a hot or cold
place. None of these conditions affect
its strength.
It is shut up in leaden caskets to pre
vent theft and as a protection to people
and objects around it. So powerful arc
the forces emanating from a few grains
of radium that the bureau of standards
finds it necessary to enclose its supply
in a lead case, and to place before that
a lead screen. Lntil the screen vas ob
taiiifd the radium rays projected them
selves into the next room, and affected
the delicate mechanism of a number of
(he bureau's valuable instruments.
All the possibilities of radium have
probably not been exhausted. No new
uses have been discovered recently.
Doctors who are interested are con
stantiy making experiments.
Radium has been found to cure some
types of cancer and some tumors, ami
to fail absolutely with others. It has
proved almost invariably successful as
a means of removing birthmarks and
softening hardened sears left' by the
healing of wounds. Vet. in the face of
indisputable cures, doctors still disagree
regarding tiie curative value of the met
al. One skeptical physician who scoffed
at the idea of radium having any power,
allowed himself to be treated with if for
« cancer. After 24 hours he admitted
that it did indeed have some potent
properties, for it had nauseated him ex
tremely.
Nausea is the main immediate rea
tion upon the patient. Treatment is not
usually accompanied by much pain, and
the ultimate effect is ro lessen suffering.
world to thinking in international terms,
his idealisms have taken root, the old
gods are vanishing. The words of the
covenant may be changed but the prin
ciple will remain."
And thiss the great majority putting
aside their partisan differences and their
honest doubts, seem to agree with the
San Antonio Express (Ind. Dem.) that
"the Nobel prix«' is Woodrow Wilson's
right."
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Seriousness of burns from radium have
been over-emphasized in the opinion of
one expert here who prefers not to be
quoted. He explained that constant
handling of radium by doctors and
nurses occasionally causes the fingers
to be come tender and glazed, and in
some diseases in order to obtain suffi
cient intensity of the rays, it is inevit
able that there should be burning of the
tissues. But these are not frequent
occurrences in the use of radium. In
deed, radium is used to heal burns
from X-rays.
Cures Some Cancers.
Radium's most conspicuous service to
humanity so far has been as a treatment
for several types of cancer. It does not
always cure, even those forms which
respoml to treatment. But where it
only relieves suffering and removes the
terrible odor which so often accom
panies cancer, it is a remedy of ines
timable value.
As for the future of the supply, the
United States Geological Survey says
that no one knows exactly how b ng tie
United States will continue to be the
main producer of radium, or how much
the earth holds. Our carnotite mines in
Utah and Colorado yield nine-tenths of
the world's radium, and the amount iso
lated from the product of these niiues
is slightly increasing each year.
There are smaller radium-producing
mines in Bohemia, Por-.ugal, southern
Australia, Afghanistan, md Cornwall,
England. Most of these countries pro
duce but a gram or so a year, whii -j the
United States is produing about 20
grams.
Originally, radium was isolated by
Madame Curie from pitchblende, uni
for a time pitchblende was sought as
the soiuce of fcupply. But there was com
paratively little pitchblende to be found
and now most qf the radium made is
derived from carnotite. This is a
bright, canary yellow metal, which oc
curs in soft sandstone, nearly always
with fossil woods and often with the
fossil bones of long-extinct, animals. At
first it was found only on the surface
and on the edges of cliffs, which led to
the belie that it. did not exist under the
rocks. But lately some experimental
drilling revealed oarnotite as far as 6"
feet below surface, so that the resources
for producing radium may be far great
er than has been supposed.
Producing radium is a prosaic, exact
ing task. The carnotite is minejfi
laboriously and in enormous quantities,
for, as one firm puts it. it takes a dozen
carloads of ore to yield a thimbleful of
radium. The deposits in our West often
occur in desert land 60 miles from s
railroad and half a dozen miles from
water supplies. The strings of burros
that bridge the desert miles, laden with
waters and supplies are the one pic
turesque touch about a radium mice.
pungent paragraphs
The Cream or the Xatian's Humor
Tl
tttx i'
thins
ord.
A
peal
dow
quire
Selected for The Tribune.
e only thine the government doesn't
s our credulity : we can believe any
of ii now.—Columbia iS. C. > Ree
pair of overalls is beginning to ap
to labor ruore than a whole won
full of silk shirts —Cincinnati Eu
One trouble with the country is that
"cutting down father's clothes for Will
ie" is a lost art.—Minneapolis Journal
J. M makes the risky suggestion that
if the southern tobacco farmers wish to
pull the price of their "product up to a
profitable basis, they might do it. with
rope.—Kansas City Star.
For the convenience of bandits, north
ern Michagin banks without at least one
wound stripe should publish the fact.—
Bay City Times Tribune.
Tile thief who steals a car is never
accommodating enough to take the mort
gage with it. (Jreenville (S. C.i Pied
mont.
It seems hard to believe that Ireland
is provided with a »'ork Philadelphia
North American.
Hany a lump of moistened sugar on
the Christmas tre ( > for the last fly.
Monneapolis Journal.
One rather gets the view, from The
Make This the Place
to Meet Folks
Our Customers' Room is open
to you for quietly talking over
business, whether or not you
are a customer.
rfyuuuuujiwm
GREAT FALLS
NATIONAL BANK
HQ
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ESTABLISHED 18 91
Dennison's Crepe and Tissue Paper
LAPEYRE BROS. DRUG STORE
j postmaster general's report, that he is
not wholly at one wit hthe public on the
j standard of service rendered by his de
i partnient.—Marion Star.
Santa wiil be surprised lo find noth
! ing but wool stockings.—South Bend
! Tribune.
Is used to be politeness for a man to
i give his sent to a woman—now it is
abseutmindness.—Canton News,
j Merchants are now busy familiarizing
• themselves with the high cost of low
; prices.— Ashland (Mo.) Bugle.
TO
Self-determination has brought
Greece th" privilege of taking order:
from London instead of Potsdam.-— Bal
it : more Sun.
!
>j uv it be said to his eternal credit,
<;<> n cral Villa was the first of the belli
j gèrent nations to disarm.—Kuoxville
\ Journal and Tribune.
If capital and labor carry things too
; far. there will be neither an open shop
nor a closed shop. It will be a junk
shop.—St. Joseph News-Press.
A Toronto man is charged with set
ting traps to catch cats. Any man that
can catch an a!lev cat is entitled to the
Maltese cross.—Vaucouver Province.
One advantage of having so few rights
j left is that a fellow doesn't have to de
i vote much time to defending them.—
j Columbia (S. C.) Keeord.
The old-fashioned bride who wanted
to make a home for her husband now
has a daughter who doesn't want to
make even a little home brew for hers
; — lhiilus News
BANK LOOTED ECOND TIME.
Kansas City, Dec. -Three masked
; men late today held up the Inter City
! State Bunk of Kosedale. a suburb of
Kansas t'itv, Kan., aud escaped with
; between !?4.<X>0 and SÔ.tMM). The bank
lost £"5.<fOO in a similar robbery in
} 1010.
i
American Bank & Trust
Co. of Great Falls
OFFICERS :
R P. Reekards President
VV. K. Flowerree Vice-President
H. G. Lescher Vice President
F. O. Nelson Cashier
P. A. Fislier Assistant Cashier
DIRECTORS:
"VV. W Haight
Frank W. Mitchell
J. J. Flaherty
L. E. Foster
Robert Cameron
F. O. Xeison
R- P. Reekards
H. G. Löscher
C. E. Heisey
Albert J. Fousek
C. B. Roberts
Alfred Malmberg
Clyde "VViisox
Charles Horning
"VV. K. Flowerree
Walter Kennedy
Chas. Gies Wm. Grills Fred A. Woehner
Charles R. Taylor E. I.. Norris
V"c Interest on Time Certificates and
Savings Accounts.
Boy Bandit Gambles
With Court; Loses,
Takes Long Sentence
New Yorfc. Dec. 23.—Assistant Dis
trict Attorney Sullivan, iu general ses
sions court Wednesday heL! five slips
of paper m his hand—five charges
against Lawrence Hawthorne. 22 years
old held under .?100,000 bail for his part
in the Hotej Astor holdup last week.
Beside him sat. the prisoner, waiting to
(•lead to them.
' I'll draw one 'card' and plead guilty
to the indictment on it.'' Hawthorne
said.
Hawthorne drew "burglary in the first
degree." the severest of the lot. He
will be sentenced Christmas eve.
IRON WORKS CUTS WAGES.
Bridgeport, Mass.. Dee. 23—The Stan
ley Iron works here have posted notices
of a 15 per cent reduction in wages.
The law of Moses required that ail
persons having familiar spirits be put
to death.