Indianapolis Times, Volume 46, Number 258, Indianapolis, Marion County, 8 March 1935 — Page 3

MARCH 8, 1935

HUEY OUTLINES SHARE-WEALTH PLAN IN SPEECH New Deal’s Election Hopes Are Undiminished by Long’s Plea. < ontmurd from Page One) odlingsgate and proianitv. *: trad, Long presented his plan: J a y 0 home, an automobile and a /ncit,, tax-free and guaranteed to er,* family, plus an income of •2500 a year. There were free school j for the children and college, 11 training for every -..*ty capable of learning. For! . their bonus and 1 ar; , care for former soldiers who. are disabled or ill. To the aged—6o years—a pension fr,r any individual with less than S'.OOO a year or SIO.OOO 'n property. Hf i much pension was not revealed bit the money would come from j -the \early tax that would be levied j on big fortunes.’’ :n big fig':res. He said r.e would limit fortunes to no more than “a few million dollars." 165 Billions in Pool -just between me n you," said the Sen;.tor. ‘I think that’s too much.’’ Each individual would list his proper”. Long explained how he would handle Henry Ford. • v Mr. Henry Ford should show that ne owned all the stock of the tor Cos. worth, say. $2,000,000.000. He could claim, say, $4 <OO 000 of the Ford stock, but si •<*.- <>QO 000 would go to the United States. • N v. say, the Rockefeller fortune eras *d at S 10.000.000,000 <B> in oil *ocks, bank stocks—” And Long explained he would d*vl ".‘h all possessing more than SI OM.OOO or $4 000.000 just that way. I’ . ,n -vi!h from SSOOO to $4,000,000 won.': not b- affected. Those wit,h jr • i in SSOOO would draw on the sj• ,m 0.000 000 pool he estimated his capital levey would create to be i rou-ht up to the minimum standard of inalienable possessions. He said that phase of his plan would require $100,000,000,000. Free Educations Included “So. America would start again. ’ the Kingfish explained, -with milbut no mulu-miihonaires or billionaires; with some poor, but too poor to be denied the com- j iorts of life. America, however, would still have maybe a $65.000.-1 000.000 balance from those big for- | turn - not vet used to set up the poor; people. What would we do with •hat?" Tiie Senator said he would prov:ri< education with that—grade school, high school and college. •Except in a few cases the right to a college education is determined j at thus day and time by the finan-j cial aoility of the father and mother! to for the cost and expense of a* . • >■ education." he explained. WC nave $65,000,000,-' 000 to iccount lor. We will use a las : part of it immediately to ex-, paint particularly the colleges and, -of this country. You would not know the great mstitu- : Tale, Harvard and Louisi- j ana State University. Outlines Plans for Labor “Get ready for a surprise. College enrollments would multiply 1000 per cent. We would immediately call in the architects and engineers, the idle prose . and scholars of learning. We would send out a hurry call because the problem of providing college educations ior all would start a fusillade of employment which might suddenly and immediately make it impossible for us to shorten the hours of labor, even as we contemplate in the balance of our program. We will cut the hours of toil to 30 hours per week, maybe less." Long promised. “We may cut the working year to 11 months work and j one month vacation, maybe less. If j our great improvement programs show we need more labor than we mav have, we will lengthen the hours as convenience requires. The hours for production will be gauged to meet the market for consumption." For agriculture. Long promised a system of surpluses stored at govrrnnv'nt expense in heated or chilled warehouses. When the accumulation of cotton, for instance, became sufficient for a >ear or 18 months ! supply none would be planted the next year. The farmers would live on the proceeds of warehouse receipts but would devote their time to public improvement, flood con- 1 trol. extension of rural electricity and adult education. ltirts for Negro Support Long bid for Negro as well as white support Ending his speech in an extemporaneous rush of words, he told of letters received fr, m poor mothers and fathers, one from a Louisiana Negro ’ I will help both white and colored." the Senator said. "I can’t help that Negro man much, but I will help him some." Mr. Roosevelt and Mrs Roosevelt, too. havp been talking about increased food prices. Long said, but the poor had no benefit. He explained that redistribution of wealth was his original idea, but "wp convinced Franklin Delano Roosevert” before he was nominated at Chicago. ’ And I thought for a riar or two ’ afrer he took the oath as President.” Lor.e continued, “that he was going to go through with his promises. No heart was ever so saddened as mine ’’ lie Can t Blame Huey’ From "pied piper” to "madman.” ‘ long listed the names applied to l him :n tr.e past few days and cited the Scriptures in his prepared ad- : dress, although he skipped that I portion on the air. These birds not only failed to note that I have the Bible back of me but also the Pilgrim fathers." sud Long. He read a portion of the pioneers’ compact to cancel all their debts every seven years. And for other sources of inspnation he cited Bacon. Milton. Shakespeare and a splendid assembly of thinkers ’hroueh William Jennings Bryan to Theodore Roosevelt. ‘ P.norevelt has had his wav.” the Kingfish shouted. ’He can’t blame it on Huey Long They are in a rage at Huev Long because I have said ‘I told you so ’ ■ God ,-ave us from * two more ’ ■ of (B water we have had un- . dtr this gang. I

Hidden Crisis in Japan, Where Ruin Is Periling Millions in Silk Industry, Is Shown by Survey

The reel nr "f -Where Wron* With Jipiß —e politic el rorsfllrt between the \ipp*>nee milittrith end financier*, with a rrl*i* In Japan i tllal i!k lndetr lanne her million* of poor llk farmrr* "in Ihe middle —hat Jutt hern resealed in a thoroui hcoing r*.r*rrK made h* Fortune Maeanne. Rv .penal arrangement with Ihe publi.her* of Fortune, The Indianapoli* Time*, throurh NI.A Sendee here present* hithlicbtt of the Fortune urver; (Copyright, 1935, by Time-Fortune Corporation) JAPANESE business men don't bellvache But you don’t want to be fooled by this face-saving. Just because a Japanese business man doesn’t howl is no reason to suppose he isn’t in pain. Consider the Japanese raw silk industry, for instance: You will see about as serious an | industrial jam as you can find in ! the world today. You will see a jam that is desperate not only for Japans raw silk industry, but for | the whole economy of the empire. j When Japan was opened to . world trade—it was only in 1854, remember —one of the very first things her precociously smart business did was to buy the 1 farmers’ silk (they had been rais- ; ing it for their own use since mythological times; and resell it to the world. The Japanese farmer could live j on a few< cents a day; he gladly took the smallest, medieval pay for his silk; the business man was able to get it unbelievably cheap | and undersell the world. Their cheap silk became Japan s biggest business, and with their silk profits they set themselves up in heavy industry, they modernized both Japan and themselves. a a a Meanwhile they kept selling silk, and particularly to the rich, luxurv-loving United States. After the World War. the United S’ates had such a boom as had never been heard of. The glamorous silk industry becamp more clamorous than ever—selling four times its pre-war volume, and selling these enormous quantities almost entirely to the United States. The Japanese business men, who controlled the silk trade, took huge profits. On these, and on the profits from the other industries that silk had made possible. Japan became virtually drunk with the splendor of big business. Meanwhile the actual raising of the silk remained on the tiny farms. Japan still paid the farmer his minimum, medieval wage, and it had almost forgotten that his silk was the foundation of the empire. Since 1929 the boomtime United States that paid $5 a pound for 88 per cent of Japan's raw silk has become the penny-and-credit pinching United States that wonders how’ it ever got that way. It still takes 90 per cent of the silk exports—this is important to remember—but it takes it cheap or not at all. a a a SO between 1929 and July. 1934, the silk price plunged from $5 to $1.15. Since then it has crept up to $1.50. But the Japanese silk men are still wondering whether they can possibly have reached the bottom. And you can t make money on raw silk at $1.50 a pound. Having used the silk farmers as the lowest stepping stone to its industrial greatness, Japan also taxed them heavily, while going light on industrial taxation. And today Japan’s militaristic government taxes them still more in order to keep swelling Japan's prestige Nvith newer and more j deadly war machinery and an ag- j gressive policy on the continent of Asia. So the farmer's taxes are almost inevitably —and dangerously —in arrears, and there is a hard svm- j bolos the fact: he sells his Daughters to work in the empire's cot- i ton mills. And very often he sells his daughters into prostitution. And when you have seen all I this, there is still worse—the second of the hard unglamorous facts of the silk industry. In those same boom days when silk had its fanciest successes, rayon—artificial silk squirted out of cold mechanical nozzles—was getting up great momentum. a a a SO far the Japanese business men. the Mitsui and Mitsubishi and the several other great commercial houses, have played their usual canny roles. They have cooly diagnosed the trend and have gone into the rayon business themselves. Asa matter of fact, rayon got its Japanese start in the early twenties but in three short years, working at their usual miraculous tempo, they have built Japan into the second largest rayon producer in the world < follow ing the United States*, and the nozzles of Japan squirt their fibers all over the Orient. But no intelligent Japanese can calmlv accept the misfortune of the 18.000.000 farmers who tend the worm, who comprise 20 per cent of Japan's population. Today silk is produced on 2.200.000 cf Japan's 5.500.000 farms. I. is thus the whole or partial livelihood of 40 per cent of Japan s agricultural population, or of 18.000 000 people Silk is sometimes the farmers only cash crop and the only other cash crop he is likely to have is a small output of rice. Silk is also the livelihood of some 3000 filatures (reeling establishments*. big and small, employing about 430000 Japanese. Silk also is the livelihood of several

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A Japanese father and his tiny daughter sort through thousands of silk cocoons, preparing to sell them. . . . All thinking Japanese are worried as their plight, and that of Japan's other silk-growing millions, grows worse.

thousand middlemen and technicians of various sorts. a a a HPHE big Japanese financiers, the Mitsui and Mitsubishi and the rest, have not been idle. They are mobile men and won't remain static for long. While they defend the silkworm on the one hand, thev fight the revolution of the nozzle on the other. And fight it sensationally. Between 1931 and 1934 Japan's synthetic production leaped 188 per cent, from 48.600,000 pounds to 140.000.000 —or 80 per cent of the United States production. Japan's synthetic silk has become her third largest export. Last year the export value of of Japanese rayon was $39,000,000 as against $86,000,000 for raw silk and $81,000,000 for cotton cloth. The profit margin isn't nearly so great as the old silk profits: Japan has to import her rayon raw materials. But the business is still accelerating. Meanwhile the raw silk industry languishes. And its millions of workers have no such "out" as the financiers. What is Japan to do about silk? What is she to do. right now? The big silk interests, while they are running at a serious loss, are obviously rich enough to stand the gaff for a long time—if they have to. But just how badly off is the

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farmer we’ve accused them of exploiting? a a a nnHE fact remains that the Japanese farmer is not only up against those natural elements that he is so remarkable equipped to withstand. He happens also to be up against his taxes. A typical two-and-a-half-acre farmer with a small mulberry orchard under cultivation would have been lucky to get $5 for his cocoons last year. And the average farmer today owes back taxes and private debts amounting to SSOO. The answer is obvious. The farmer's plight is not only distressing to him and bad for the empire’s general psychology; it is also of immediate fiscal consequence to the state. In the last four years Japan has learned with great thoroughness how much she depends on her share of the mutual trade relationship between Japan and the United States (she sells us raw silk of about 35 per cent less value than the raw cotton we sell her). Japan would not care to do anything that might harm this ailing but vitally important customer. a a a WHEN you consider the government of Japan, its inability to solve the silk problem isn't hard to understand. You must remember the hatred

of the dominant military element in the Diet for the commercial element. But the dominance of the military, with their reckless, expensive budgets, does not alter the fact that the Diet is still amenable to Mitsui and Mitsubishi influence. In the perpetual tug of j war the military tug the loudest, i but the rope often responds to the quiet insistence of the business men. More government control might help the. silk industry. There is an interesting parallel to this history in ou** own attempts to look after our own farmers by tinkering with price and production of wheat. But people have to go on eating and there is no artificial wheat industry to undermine our agrarian problems. UNABLE TO GET JOB, MAN TAKES OWN LIFE Despondency Blamed for Suicide of Loren Smith Bloomer. Despondent because of unemployment, Loren Smith Bloomer, 939 Yoke-st. killed himself last night with a .38-caliber pistol He was 34. The body was found in the front room of his home by his mother, Mrs. Nettie Schisley. and his stepfather, Lawrence Schisley. Dr. John E. Wyttenbach, deputy coroner, released the body to the family after an investigation.

UNDERWORLD'S QUEEN GRILLED IN VICEJ’ROBE New York Police Also to Be Called in Quiz Into Policy Racket. By United Pres* NEW YORK. March B.—A notorious woman of the underworld was called to the district attorney's ofi fice today for questioning in the I city's commercialized vice investi- | gation while subpenas were drawn demanding that 20 policemen "tell ! all’’ in the policy racket inquiry. Information from these witnesses ; may lead to identification of "higher ups” in vice and gambling rackets, investigators hoped. So far the Grand Jury has heard little evidence of value in exposing heads of | the rings. Polly Adler, revealed as a "vice I queen” by the Seabury investigation, will be examined by investigators | before a decision is reached on j whether she will be asked to testify before the Grand Jury. She was arrested on a charge of keeping a disorderly house. Samuel Marcus, special assistant district attorney, sought to trace any link that might exist between police and overlords in the policy racket. Some of the 20 officers to be subpenaed were believed to have been seen at the Harlem Headquarters of

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A DIMPLED QUEEN

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First co-ed in loveliness by a clear margin of two dimples, Hortense Callahan (above* was elected to wear beauty's crown for the third time at Louisiana Polytechnic Institute. Ruston, La., when she was chosen to reign over the students’ own Mardi Gras, Arthur (Dutch Schultz* Flegenheimer. former kingpin of the giant policy ring which did a $100,000,000 yearly business.

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STRIKE NEAR, ‘FINISH FIGHT’ IS FACING CUBA Labor Union Leaders Vote to Call General Strike Paralyzing Island. iCopvrlcht, 1935. by United Press) HAVANA, March B—Leaders of labor unions throughout Cuba today voted a general strike, seeking economic paralysis and the overthrow of the government, it was learned on reliable authority. Leaders met early this morning, secretly, at a rendezvous on the outskirts of the city. Authentic word from the meeting said that they agreed to call out their men within 24 hours. Delegates of the Great Cuban Electric Cos., affiliate of the American Electric Bond and Share Cos., were present and agreed to join a general strike. This would cut off electric power throughout the island. Thousands of kev workers already are on strike. No single powerful political figure had emerged to support provisional President Carlos Mendieta. There was every indication that Mendieta, with Col. Fulgencia Batista and the army and police behind him, was ready for a finish fight.