Indianapolis Times, Indianapolis, Marion County, 30 October 1937 — Page 10

P shut 5° : come taxes of $473,086 year September quarter net profit $338.886, equal to 17 cents a share, vs. $705,686 or 35 cents previous quarter and profit before Federal come taxes of $245,079 year ago.

PAGE 10

The Indianapolis Times

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Give Light and the People Will Find Their Own Way

SATURDAY, OCT. 30, 1937

‘YOU DON’T SHED ENOUGH TEARS’ PERSONS unfamiliar with conditions in Juvenile Court will be shocked at the story on Page 3 of this issue. It tells how Judge John Geckler, after placing a delinquent 14-year-old boy on probation for a year, turned to the silent youngster and said: “You don’t shed enough tears to suit me. Take this boy away and lock him up for a week.” The boy cried as a bailiff took him from the courtroom. Recently, Judge Geckler denied published reports that he slapped a boy who was brought before him for playing hookey. Many voung boys and girls get their first contact with American law and justice in Juvenile Court. If they receive there the kind of treatment that is notoriously frequent, what chance have they for social adjustment?

WHY NOT NOW? "THE optimistic reaction to the Federal Reserve Board's loosening of the Stock Exchange margin policy is but a sample of what might follow further Administration recognition of the fact that the business of this country is business. Not business in the crooked or tricky or monopolistic or speculative sense, but business as the thing which, day by day, in city, town and crossroads, makes the jobs and builds the volume which mean the solution of the unemployment and fiscal problems of our nation. Without discussing the highly technical aspects of the Reserve ruling as it relates to the longs and the shorts of Wall Street—for the ruling may prove technically good or bad—certain it 1s that the Administration should follow through quickly with other actions which will indicate admission on its part that in a capitalistic system capital can’t be ignored. Maybe the system is wrong. That is always a matter for debate. But it’s the system under which we, including the Administration, operate, and, that being the case, the one under which we succeed or fail.

ysis of capital. That runs to the grassroots. Wall Street reactions are the result, not the cause. The chief cause is the tax policy. It has frozen capital at the source. That the policy should be modified is admitted on all sides, within and without the Administration. Wi 1 Surely, the sooner the better. Whatever stimulating effect actually and psychelegically may result from a change in the Government’s policy

toward Wall Street will be infinitesimal as compared with | | no back talk from the natives

the Administration's doing something—now—about taxes.

The subcommittee of the House Ways and Means Com- | | took the play away and began to run them up alleys | that they appreciated the horrors of the concentra- | tion camps and appealed to the liberals of the world

mittee meets Nov. 4 to consider taxes. Congress meets in special session Nov. 15. By stepping on the gas the whole job can be cleaned up before the first of the year and the corrections made applicable as of the calendar year 1937. That involves a change of stance and a change of pace. But changes of that sort are what spell the difference between disaster and progress. Nothing that could be done would accomplish so much toward the rescue of a prosperity that is rapidly sinking as action on taxes before New Year's.

RULE—AND EXCEPTION WO voung men, Benjamin F. Fairless and Edward R. Stettinius Jr., have been selected to head the world’s biggest steel corporation. The story of Mr. Fairless is remarkable. A coal miner’s son, he worked his way through college, found an obscure job in the steel industry and made his way to the top. He will become, at 47, president of U. S. Steel.

The story of Mr. Stettinius, perhaps, is even more remarkable. For his father was a wealthy industrialist who became a partner in the House of Morgan. No economic necessity ever compelled young Mr. Stettinius to do a lick of work. Aud “pull” is not the secret of his success. Big steel, in these troubled times, did not choose a “boy wonder” of 37 as its chairman without being convinced of his capacity for the job. Ability is an important factor. But ability plus incentive counts for much more than equal ability minus incentive. It would be a sad thing for this country if great accumulations of wealth and power grew greater with each generation while the sons of the poor were content with their father’s lot—if, in other words, the story of Mr. Stettinius represented the rule and the story of Mr. Fairless the exception.

SPEAKING OF SPEED

N Arizona scientists have found a speed champion of the insect world in the fuzzy botfly, Cephenomyia, which is said to be able to wing through the air at the rate of 1200 feet a second. That's a little better than 131% miles a minute. Given endurance to match, Cephenomyia could fly from Los Angeles to New York in three hours and arrive well ahead of its own buzz, the speed of sound being only 1089 feet a second. We have long marveled at the rapidity with which Senator Henry F. Ashurst, also from Arizona, can move from one position on a public issue to another, far distant position. Has Senator Ashurst been using the fuzzy botfly as a pacemaker?

Japan probably won’t like being called on the Brussels carpet.

Mayor La Guardia should be billed as the Tiger-eating man. »

Stock market slumps always bring confessions from Wall Streeters that they don’t know the answer either.

toes — Tennessee, ou. nampers, od Carrots—Illinois, bunches, 2@2%2c. 1 ach—Illinois, bu., 35@75¢c. Tomatoes—California, Jugs, $1@2. Cauliflower—California, crates, [email protected]. Peas—California, hamers, $2@3. BS@aoe. Onions Yellows, $1: Washington V Whites, 85¢.

$1; Michigan

ago,

in-

Spin- | Gen

Celery—Michigan, flat crates, | Gen . sacks)—Minn

THE INDIANAPOLIS TIMES

SATURDAY, OCT. 230,

Who’s the Queen Bee’—By Herblock

Maybe He’s Got Something There !—By Talburt

Fair Enough

By Westbrook Pegler

Communists Shout Over Fascists, Fascists Cry About Communists,

But to Democracy They Are Kin.

NEW YORK, Oct. 30.—Believers in democracy loathe Mussolini, Hitler and all they represent, but there should be a rule to segregate Communists who would attempt to join us in this pleasure. They have special reasons for their hatred, quite different

: . . : from those ot people who believe in freedom. After The country today is suffering from a creeping paral- |

all, the Communists were responsible for these hor-

rors, and it isn't the atrocities which they deplore but the fact that they aren't in charge of the terror. Mussolini's hoodlums crowded the Communists with castor oil, usually with fatal results. This method of execution or assassination, though unique and ribald, was no more final or painful, however, than some of the standard practices by which the Communists had wiped out nobody knows how many hundred thousand political heretics in Russia. They were very cocky and took

So of it

3 2 A aah AW]

when they were out in front, and Mr. Pegler

it was only when the home crowd

to witness what dirt was being done. 2 on s HEY cut their initials in both countries, however, for when it came time to fight, Fascists and Nazis adopted their methods and ethics and thus degraded themselves to the level which they had thought to escape. They withdrew from civilization to start something which they thought was new, but which

was merely a reversion to vices that intelligent races hoped they had outgrown until the Communists revived them. Fascists, Nazis and Communists in the American midst, impose on the tolerance of a free country, which suffers great exasperation for its ideals, to tunnel and scheme against the national security and peace, under the protection of laws which they would be the first to abolish if they could. Fascists and Nazis, taught by their experience with the Communists, obtain American citizenship with their fingers crossed and with hatred of American principles in their hearts. and invoke their rights as such to strut their loyalty to dictators in the guise of goodwill groups. » td »

IKEWISE our Communists, imported and domestic, demand the protection of the hated and abused police and of a Government whose destruction is their purpose. Fascists and Nazis would protect us against the Communists and the Communists would save us from them. Both are a political hurden to any candidate whom they afflict with their indorsement, and the C. I. O.’s worst handicap is its unscrupulous, if unwelcome, element of Communists who see in a unified command of three million workmen, properly exploited, an army of riot and oppression. Cause and effect, equally brutal and ruthless, equally intolerant, cynical and hostile to American belief, they call on democracy to witness and punish the atrocities which they have inflicted on one another. The point to remember amid their clamor is that they are six of one and a half-dozen of the other and that because they are practically alike one healthy democratic loathing will cover both.

peace-time history. The Government won't need to borrow. The principal reason for this is the rapidly increasing revenue from payroll taxes for social security. This special revenue, running now at the rate of about half a billion dollars a year, will rise to nearly a billion and a quarter in 1949. » » » HESE payments are like life insurance premiums. You pay a part of what you earn into a fund that is kept for you so that when you suffer the misfortune insured against, you get a lump sum payment or so much every month or week. The insurance companies take the great inflow from the savings of millions and invest it in securities—the I. O. Us of third parties. From the compounded income, and increase in these values, they hold tremendous reservoirs of wealth from which they pay losses. But the biggest insurance company is a piker compared to the vast income the Government will get from the pennies and dollars of workers. Estimates of the eventual reserve fund run from 50 to as high as 80 billion dollars,

“Richfield Of .

Safeway

% pean Dt. 13% Cee 18% Bf Schulte Bf ii. 8%

The Hoosier

lI wholly disagree with what you say, but will defend to the death your right to say it.—Voltaire.

LEGION CONVENTION RECALLS CONSTRUCTIVE ACTIVITIES

By C. R. Bird, M. D. Through New York’s busy streets drifted 500,000 Legion visitors. Midtown New York was completely engulfed. “The greatest insurance policy the United States possesses” was at play; in the committee

to express

troversies

(Times readers are invited their these columns, religious conexcluded. your letter short, so all cen have a chance. be signed, but names will be withheld on request.)

their eyes. England and France want to stay out of war at all cost. To this end they do not mind crucifying the Spanish people. There is not the slightest possibil- | ity of a quick termination of the war. The Rebels, aided by the Italian army, have gained important] positions in Asturias that will enable | them to transfer large forces to| other fronts, but they will not be]

views in

Make

Letters must

rooms some 1300 delegate representatives were engaged with the formal proceedings of the organization. These thousands saw visions of 200,000 Legion =- sponsored Boy Scouts; 600,000 Legion-sponsored Junior Baseball participants for the

existing in about it.

deserves

ed. We have Tammany conditions Indiana and doesn’t seem to be anything curious

Mayor. La Guardia of New York | the hearty

support not | Petter equipped. The end of hos-

year, supplemented by many hundreds of thousands in former years,

only of New York City, but of the |

| forts in breakii'g racketeers.

from whose ranks more than 150 | have gone to big league baseball where they are drawing salaries of five figures; thousands of helpless children helped during the year to the tune of more than $3,000,000

| through the child-welfare program.

| spirit

| of the greatest country on the globe.

| | |

2 | SAYS TAMMANY CONDITIONS | EXIST IN INDIANA

By Ken Gunther

un un n MAKES PLEA FOR AID | IN WAR-TORN SPAIN

By Agapito Rey, Bloomington

We seemed to hear a cry from 28,- | 000 buried on foreign soil, from the of 30,000 dying annuaiy from our ranks, to carry on in behalf

New York was dazed as Legion gave it the biggest parade in its history, but it welcomed the Legion with open-armed hospitality and at their departure wished them back again. The Legion played for a week and attracted much attention, but it still carries on the other 51 weeks in a consistent, constructive effort for community, state and nation. = »

After perusing your editorial entitled “Tammany, Wagner, Lehman —Why?” I find myself in the position of Voltaire, making his famous quip. Personally, I cannot see anything “curious” about Tammany's fight

| rowing conditions. | have been killed, another million of | women and children are homeless |

| much worse now after a year of

tilities by compromise is out of the question for the time being, because | the foreign invaders want to win to retain their loot, and the Spanish people are still determined to die for their country and liberty. The heart-rending part of it all is the untold suffering of the innocent noncombatants. Hardly a day passes that I do not receive letters and papers from Spain telling of harOver a million

and destitute, living in temporary | shelters which aggravate the Jood situation. This winter, unless they | receive outside help thousands of] helpless women and children are | going to starve and freeze to death. | American generosity has saved a| few pundred, perhaps a few thou- | sand last year. Their plight 5

destruction and slaughter. . . . » on »

REBUKES CAR RIDERS FOR POOR MANNERS

By Mrs. A. J. Brenwood Last Monday while on a Shelby | outbound car I observed a young man © sitting in the front seat by the motorman and beside him a | boy of perhaps 15. They were con- | versing—perhaps teacher and stu- | dent homebound.

for survival. Tammany is a human

justice and duplicity have opened

A well-dressed handicapped man | with crutches boarded the car and |

institution and is not infallible. True, Tammany has a long record of stagnant acts and practices behind it, but haven't many political machines? Take the Republican Party for instance—with incidents such as the famous, or should I say “infamous,” Teapot Dome under President Harding. Today the Republican Party will tell us that it wants an- | other chance to prove its superior- | ity over present political office holders. Yet their past records show | they or their party representatives | elected to serve constituents failed | miserably in their elected capaci- | ties. This led to the Democratic | landslides of 1932-1936. So it is with Tammany. Gov- | ernor Lehman and Senator Wagner | were given the political support of | Tammany, and, of course, a great many politicians are indebted to some political machine. The more powerful the machine, the more certain is the election. After all, the primary purpose is to be elect-

‘General Hugh Johnson Says—

Finds Social Security Tax Procedure and Use of Vast Fund Is Puzzling; How Can Money Go for Expenses and Still Be There to Pay Pensions? ASHINGTON, Oct. 30.—I wish I could understand this social security tax business.

At last, Government receipts from taxes are running above the greatest Government expenditures in

of course, there isn’t any such thing as 50 or 80 billion dollars. That's more than all the money in

it has guaranteed. In other words, it spends the money or uses it to pay its own debts.

" # #"

they have contributed to him out of their pay over many years. That money is gone—spent. How is Uncle Sam going to pay? He takes his I. O. U. for 60 billions made out to John Smith and Bill Spivins and millions of others, to his strong box to get tiie money, and there he finds only pieces of paper

| saying “Uncle Sam owes Uncle Sam 60 billions.” How

can “A” pay “B” $100 with nothing more in the till than an I. O. U. saying that “A” owes “A” $100? I don't say that Uncle Sam can’t do it. I just don't see it.

made at any one time-—perhaps only 1.5 to 2 billions a year. himself can always be sold for dollars to pay the beneficiaries. But is it right for the Government to pay its €xpenses out of reserve funds created by the payments

Se 26's 33

of the poor for own protection?

Y. the capital value Of wpe We real and personal—and forced to ac264% cept Government bonds for that a much subject to a rule requiring +30 them to pay a tax to liquidate the bonds.

-— i it “va

1 8% 3}

ATTAINMENT

By HAROLD HINMAN I looked into the well And saw, but couldn't tell, My knowledge was so small.

I turned and went away, To come another day, When I could proudly call,

See that which is therein, I know what it has been, About it I know all.

DAILY THOUGHT

He is the Rock, His work is perfect; for all His ways are judg- | ment, a God of truth and without | ; iniquity, just and right is He.— |cal narrowminded, disgraceful bi-

Deuteronomy 32:4.

OD should be the object of all |cadence of culture, the absence of our desires, the end of all our actions, the principle of all our affections, and the governing power of our whole souls.—Massillon.

the world. The Government is to invest that money | in its own securities, either its direct I. O. U.’s or those |

NCLE SAM owes the people, say, 60 billions that |

| tation in a borough-wide vote, thus snapping the Tam- | many district leader’s control of his neighborhood fol-~ | lowing, and assuring the Republican and Labor minor-

Of course, it isn’t as simple or as extreme as | the illustration given. No such demand will ever be

Presumably these I. O. U's of Uncle Sam to |

who are shocked at our own mild taxes, talking about the great efficiency and success of one of the most incessant tag devourers in the world.

as there was no seat he was com- | pelled to stand until the above mentioned persons left the car at Garfield Park. When men are so selfishly illmannered, how can we expect culture from those they teach and | their observers? It is alarming to | observe the lack of courtesy and | respect, not only from our children | and young people, but also from | their elders. : Elderly men and women, physically handicapped, and women with | babes in their arms are compelled to stand while the strong, selfish streetcar hog glues his eyes to tone { floor or hides his face in the news- | paper and displays a complete ignorance of chivalry, These egotisti-

peds should. be publicly rebuked. I am 76 years of age and the de-

manners, and the boldness of our people during the past 25 years is provokingly shocking. It is not completely absent but rare.

It Seems to Me

By Heywood Broun

Herbert Hoover Muffed Address. Delivered Via Radio From Roston, In Opinion of This Commentator.

EW YORK, Oct. 30.—When Woodrow Wilson was President he was under cone stant attack in the editorial page of the New York Tribune, and one morning the World commented, “Our neighbor appears to know

all about running the Government, but it: can’t seem to manage to keep its own clock gaing.” I got somewhat the same feeling in listening to Herbert Hoover over the air Tuesday night. Mr.

Hoover was voluble, though vague, in discussing the proper organizae tion on national affairs, but he was wholly inept in the handling of his own radio address. A full half hour had been allotted to him, and yet he finished lamely in the middle of a sentence with his piece hardly more than outlined ) On the whole, the better way in speaking is to get going with the narrative right off rather than offering a lengthy preface. Herbert Hoover spent so much time in draw= ing up a blueprint of what he ine tended to discuss that his invisible audience never had a chance to hear him hammering brass tacks. _ Obviously Mr. Hoover has no natural gift for the radio, but he has worked hard in an effort to better himself. Unfortunately, he has manifested his oH" failing of choosing bad advisers. The keynote of his* delivery ought to be rugged individualism and sim= plicity. Whoever told him that he should emulate’ Edgar Bergen's manner with Charlie McCarthy cer= tainly did the great engineer no good service,

Mr. Broun

a " un

i of Mr. Hoover's wisecracks look well enough. §

in print. but he reads them all wrong. It is & question of timing. To be specific, Boston address. wealth of America newspapers, colleges, radios and other noises.” semething with that. Herbert didn't.

let us take just one line from the Speaking of the potential cultural the ex-President said: “There are. libraries, orchestras, bands,: Charlie could have done He failed to

| make that necessary split second pause before he ine

troduced the cracker. is But the major part of Hoover's failure lay In ns indifferent use of the Bergen technique of question and answer.

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of the evening, and then inquired, “Can your Government broadcast half truths and expect the citizens to tell the whole truth?” Obviously there was need of a studio rehearsal, for the pause was too long before the audience shouted, “No!” During the next six or seven inquiries the audience played hall and even got the “No” in occasionally he= fore the question was finished. But then Mr. doover made his fatal error. “What happens to the morals of a people when the Federal Government connives at lawlessness?” He waited and waited for his response, forgetting that he had framed his query incorrectly. At length three listeners took him out of his

misery. Two shouted, “Yes!” and one said, “No!” After all, there are national! problems which are not to be solved simply by “Aye” or “Nay.”

* ET me ask you a few questions,” said the orator i

The Washington Merry-Go-Round

Landslide Re-Election of New York's Mayor La Guardia Is Forecast; Fiery Fiorello Puts Tammany Hall to Rout by Last-Minute Campaign.

By Drew Pearson and Robert S. Allen EW YORK, Oct. 30.—All his life Fiorello H. La Guardia has gone about shattering traditions, and next Tuesday he probably will smash another. He Is expected to explode the unbroken New York City rule that no reform Mayor can be re-elected. Not only is the dynamic “Little Flower” forecast to repeat, but to win by a majority of upward of 400,000, and carry into office with him as District Attorney the racket-busting Tom Dewey. Further, the chances are good that a La Guardia landslide will give him control of the new City Council and eiect Republicans Newbold Morris and Joseph McGoldrick as council president and city controller. The new City Council, incidentally, will rid New | York of its old Tammany-ruled Board of Aldermen. Its members will be elected by proportional represen-

ities of at least some representation.

EJ ” = TITH MAYOR LA GUARDIA returned for another four years, Mr. Dewey in the District Attorney’s chair, and the City Council no longer subservient to the Tiger's tail-lashing, Tammany would be all washed up as a political power. It is doubtful whether it could ever stage a permanent comeback. There are two extremely important things about this election. One 4s the anticipated downfall of the.

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political machine which for generations has bhossed, with high-handed unscrupulousness, the largest city in the world. . Second is the fact that its downfall would be brought by the son of a Jewish mother and an Italian bandmaster, supported both by labor and by blues stocking Republicans. A lot of reasons are contributing to the political landslide which apparently is rolling up for Mr. La Guardia, but there is only one basic reason and thatis the Mayor himself. . Br &% :

R. LA GUARDIA is the best Mayor New York has had in its entire history. He has given the’ city a New Deal which should make those who bhedr that name in Washington blush with chagrin. : And the pecple know it. ] For a short time after his primary victory over Senator Copeland, Mr. La Guardia's lieutenants were worried about his election prospects. Many exper= ienced observers predicted a neck-and-neck race with’ the outcome doubtful. : This was a situation made-to-order for Fiorello. He fights best when the going is rough. In the pri= mary tussle he had made little effort. But now he took off his ccat and waded in. In two weeks the ens!" tire picture had changed. ji Judge Jercmiah T. Mahoney, his Democratic og=' ponent was on the run and with him, the Tammany: ate, * : : vf

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