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"Thou too sail on, O ship of state ! Sail on O Union, strong and great ! Humanity with all its fears, With all the hopes of future years Is hanging breathless on thy fate !" * *-lo"*fellow'

It was said of Caesar that "he made a desolation. and called it peace." Looks like that powerful word might well apply to this fearful peace that has followed World War Two, doesn't it? * * ,r

Henry Ward Beecher was preaching about the proper way of treating your fellow man. He said: "Speak approving, cheering words while their ears can hear them and their hearts be thrilled by them. Do not keep the alabaster boxes of your love and tenderness sealed up." That was not the school of thought that o,ur Ruseian friend Vishinsky graduated from, was it? I'm afraid, from his words and acts, that "the alabaster boxes" of his love and tenderness must be sealed up mighty tighr * *

Rating ever higher among the world's prophets is the late Henry Norman, who lo.pg ago spid: "When on the border of any country in Eurfue or fsia the sentries challenge-'Who goes there?' ttte ltts.1#r is always-'Russia'." Today the sentries of the entire'Vorld are kept continually busy asking-"\fl,rhq goes there?"-and the answer, regardless of location, is unchanged; t,;r still "Russia."

Perhaps my memory is faulty, and if I'm wrong please correct me, but I seem to recall that just a few years ago the most terrible mechanized army in all history invaded Russia and drove her back and still back in frightful distress. And I seem to remember that there came to Russia's aid a Westerh power that possessed great might. That Western power rushed in to place in the hands of the Russian defenders some twelve billion dollars worth of vital war aids'

Those aids consisted of ships, planes, tanks, trucks, guns, ammunition, food, fuel-everything the desperate Russians needed in their struggle for existence. That "imperialistic" power drained its reserves of timber, oil, and other precious things, and sent them rapidly to Russia. Could Russia, without that enormous amount of help, have been able to stop Hitler, do you think? No other power on earth possessed the help that Russia so desperately needed-and got. Looking back at those days it doesn't seem within the realms of possibility that the relations between Russia and the nation that went to her aid in time of desperation- could O. **n;r, they are now.

Right now Congress prepares to meet to investigate two great emergencies that face this nation. One proposition is the high cost of living here at home; the other is what to do about helping the suffering people abroad, particularly in Western Europe. It seems to me that one single fundamental is back of our high living costs. There is entirely too much money in the hands and pockets of the American people, and that money pressure has created the considerable degree of inflation we now feel, and the far greater inflation that we are undbubtedly threatened with. You hear a lot of talk from individuals about the high cost of things, but so far as the public as a whole is concerned, it doesn't seem to care. People will rush in to pay fifty dollars for something they could buy not so long ago for fifteen, and wrestle with one another to see who' gets it. We have three times our prewar money supply, and money pressure is like a flood against a dam. Money pressure and government buying cause most of our present inflation.

The papers are filled with criticism of the way the Government is handling the price situation. It is easy to criticize, but hard to suggest better methods. The Government complains that on the wheat market the same wheat is sold seven or eight times with as many profits before anyone finally gets it in storage. The exchange boys reply that every time the market shows signs of sagging in price, the Government buyers step in and buy large quantities, bolstering the price situation. They have us lay off of eatirlg eggs when eggs are in such vo,lume that it is a safe bet millions of them now in storage will never be eaten. We kick about high prices of food, yet the Treasury keeps handing out millions in subsidy payments to keep food prices from slipping downward. It's all too deep for me. Now the Government is buying the tobacco that England embargoed, with the plain statement that it is to keep prices from lowering'

Now about helping Europe. That problem is a huge and completely uncharted sea on which we are endeavoring to sail with only a very small compass of actual information to guide us. While many officials have gone over there recently to see for themselves about the European situation, even the best of them see only a few of the trees without getting any idea what the forest is really like. But we have had a few men of sufficient capacity and sufEcient experience with actual conditions over there to be able to form valuable opinions, and on those men we must depend. We have no other choice.

(Continued on Page 10)