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treasury will run things Us own REAL OF THE THING way. TO GET THE SPIRIT • • • Bnramstrflk Herald MObSBACK — New York stiver ®jf WHIRLIGIG boosters remain Wall Streeters for Established July 4, 1892 aT that. One leader of the silver r- NEWS B*hmd tk« NEWS camp is as sure aa any mossbacs RALPH L Editor sad MiUUe BUELL, that the president.'! choice of the (Continued 1*1am Pag* On*) Federal Trade Commission to rule the Stock Exchange explains the Entered sa second-clase matter m the Postoffice, loan. Unless the way their plans have worked 10-cents-a-pound cot-jI falling market. “If the Street knew Brownsville. Texas ion readies 15 cents It can not out. they'd get an independent commis- be sold until February 1 next but Contrary to the general impres- sion of experienced men prices THE BROWNSVILLE HERALD PUBLISHING COMPANY meantime the planter is privileged ** care K the would jump fast enough” is their 1263 Adams 8L. Brownsville. Texas to cancel his loan and take what- sion they don’t much or song. ever profit the market price brings treasury buys a lot of silver not. • • • PRESS above 10 cents. Ml-. OP THE ASSOCIATED They think the mere announce- TARIFFS— Informed New York- of for of Should there be any chance The Press is exclusively entitled to the use publication by ment of intent to buy will accom- ers predict that the president's in this another excess this summer, aU new* dispatches credited to It or not otherwise credited paper, crop plish their major object—raising tariff authority bill will breeze and Uncle Sam would and also the local news published prices drop, the world price of silver—by its through congress as soon as silver herein._ left in of be possession enough psychological leverage cm mass legislation is out of the way. The to cotton mattresses Subscription Bates—Daily and Sunday: cotton give opinion. Everypne will want to buy agricultural-silver bloc in both sen- away with a pound of tea. the United Ons Year . the metal if they think ate and bouse are reported as lined • • • States so. The effect on man. Six Months . gj" is doing up for it almoei to a They of the moat inter- the markets will be the same no that Three Months ... BONIS—One also predict any bargaining •» bits of matter who makes the purchases. the does will be a Ons Month .. esting political phenomena president on to register in the national capital Insiders will tell you it's by no thoroughly hard-boiled and prac- TEXAS DAILY PRESS LEAGUE in recent days is the seemingly means impossible that Britain can tical basis with assurance that Un- National Advertising Representative complete fold-up of the soldiers’ be induced to join us in an- cle Sam gets value received for his issue. her to use trades. Dallas, Texas, 511 Mercantile Bank Building. bonus as an important nouncing willingness # month the as of her metallic cur- we do lower tariffs to the City, Mo. 306 Coca-Cola Budding. Two years ago next silver part If point United States army chased some base in the 1-3 ratio. They where European manufacturers are • Chicago. 111. 180 North Michigan Avenue. rency War veterans out of this can allowed to enter the country with Los Angeles, Cal. Room 1015 New Orpbeum Bldg.. 846 8. Broadway. 20.000 World say startling cooperation with fire, tear be had for an pro comparative freedom experts ex- New York. 370 Lexington Avenue. Washington gas. adequate quid and threatened bayonets. It might be arranged in the pect a reversal of the American- SL Louis, 502 Star Budding cavalry quo. Observers held that many of the form of joint action to suppress Europesn tariff attitude within a San Francisco. Cal. 318 Kohl Budding. votes Herbert Hoover lost that fall the Japanese trade menace—which few years. could be attributed to this treat- hurts Britain more than us. They believe many American WE MUST SET A GOAL, ERE NRA CAN WORK ment of the vets. The 1-3 ratio won’t be reached manufacturers who have hitherto ; by our for a long disregarded European markets as Darrow re- government The bitter touched off the l time ever. We need a bil- trivial would get interested if argument by A year ago another Bonus Army if would they lion and a half ounces of the were faced with European competi- one more bit of that a good marched on Washington. It was | port on the NRA is just proof tion at home. Then it would be a much smaller in sue but was receiv- metal to reach that goal and we aren’t in case of in ner part of our troubles today arise because quite ed deferentially at the While House there are only 9 billion ounces outselling Europe of them in China 1 own back yard—largely cm quality to do. and put up for days at government the world—7 1-2 aure just what we want a planned economy —to the extent that Europe wou*d i expense. and India. • • • to stream about American as too radical. • begin On one hand the NRA gets condemned • • ODDS — Speculators will lose dumping instead of complaining as not half radical Well under a thousand ex-service Mr. Darrow replies that it is enough— most of their interest in domestic now that we won t buy her goods. in for | men have been Washington • • • silver markets if the 50 per cent that it tends to the existing order in monopolistic some days now in a third valiant cqngeal tax on goes through. "You d DEBT—Insiders forecast a U. S- effort to get immediate payment of profits form. be with odds of two to Russian debt agreement within a their adjusted compensation. gambling a one against you all the time and few weeks—probably after congress Furthermore, the Darrow report itself reflects As was the case last year they no self-respecting gambler does goes home. The terms are expected were put up in an old army post takes half to for moderate similar contradiction. across the Potomac river and that. The government provide payments if you win—to say nothing of by the Soviets over a period of In one it that the codes tend to Presidential Secretary Louis Howe paragraph complains what it in other taxes—but years. The cash will be listened to their grievances. gets applied which alone can the original if you lose the losses are all vour first to the Kerensky debt and extinguish competition, by But when they marched up to own.” what’s left may go to holders of be Capitol Hill in orderly fashion not virtues of the old-time American society kept alive; • • * Czanst bonds. Five cents on the a single senator would receive must, a conflict dollar is about the tiost the latter in another paragraph it asserts that competition them. CONFLICT—There's of between the silverites > a ill get. cruel. purpose by the very nature of things, be wolfish and and the treasury which is likely to Russian purchases liberated by One offered con- Mr. explanation by lead to hot arguments when the ! the deal wont reach such rosy And in rebuttal, General Johnson and Richberg is that the gressional pulse-takers silver program goes into effect, heights as popularly expected. The general public is aware j assert that the NRA is a fine and lofty charter under becoming fiilver advocates want the govern- i value the first year may reach of the ratio between federal re- ment to fast and r.oo ooo ooo. a buy push prices | which we shall all find our way to new freedom. and • • • Franco-Russian house will celebrate ceipts expenditures. up. The treasury wants to buy as prospective pact— small competitors a break. brokerage pass- Six months ago one of them • • • of the Exchange Regulation All right, then—where are we? What kind of yard- cheaply as possible in order to sho v FACT—Informed observers see no which is rated purely military. age out. was to of its customers' points everyone apt a later. It looks as if the I threat to U. S trade hopes in the airline tmds the Bill by firing most How profit France has too many money wor- MAIL—A major stick and we to this tremendous movement? ask “Where is all the — at the apply lightly. the new mall contracts annoying men Capacity operations money comuig from?” and then ries of her own to be helping other Waco Aircraft plant reflect the far do we want to alive? To what ex- Irom an unexpected angle. The mail keep competition on to another situation.... Waco pass subject. nations commercially. it has to handle runs to more than South American tent do the ill effects of free balance its Now the legislators feel that • • • makes a small adaptable to competition Radio Features its planes can carry with full pas- plane the new tax bill has to Today’s work minor begun BROKERS—There will be plenty senger loads. Under the old system military in league benefits? How capably can the authorities protect the sink in. In the absence of such FRIDAY, JUNE 1 (Central and Eastern Standard Time) of brokerage house casualties once extra sections were sent out in sucn company. which bonus demonstrations as 1932 and Copyright McClure Newspaper ordinary citizen from monopolistic abuses may Note: All programs to key and basic chains or groups thereof unless sped* exchange regulation hits its stride. cases but there's no authority tor 1933 produced, they have about Ae