Indianapolis Times, Indianapolis, Marion County, 24 December 1942 — Page 10
he. Indianapolis T imes |
RALPH - BURKHOLDER “Editor, in U. 8 Service WALTER LECERONE ; Editor :
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Give Light and the People’ will Find Their Own Way
THURSDAY, DECEMBER 24, 1942 °
oN v
WHY NOT POST-WAR TRADE BONDS?
THE treasury’s big December financing has gone over the top. The original goal was nine billions, more than 10 billions already have been subscribed, and the new goal of 11 1 billions | is in sight. Iti #8, as Secretary Morgenthau says, something to cheer about. In this largest bond-selling in all history, the: five and one-half billions already peddled to non-banking purchasers can be chalked up as counter-inflationary—and that’s to the ~ good,” But the four and one-half billions sold; to the banks means a corresponding i increase of pressure on the'inflationary side. A breakdown of the pdb-hanking purchases, 100, indicates that the participation of rank-and-file citizens was not . as widespread as could have been hoped. To the extent that such institutions as insurance com‘panies, mutual savings banks and labor unions purchased Jong-term victory bonds, citizens of modest incomes shared indirectly. And they were among’ the direct purchasers of the half-billion of war savings bonds. But in the over-all, it does not seem that a very large proportion of the financing was siphoned out of the greatly expanded incomes of wage earners. #® 2 » > : BEFORE this war is over the treasury will take its pail to the well again and again. If inflation is to be curbed, some program must be worked out to impound a larger share of the war-hoom payrolls—and hold it against the day when goods will be available to exchange for.it. The best idea yet, we think, is that advanced by Henry J. Kaiser, the can-do man who looks ahead. He suggest that American industry start taking orders now for civilian goods to be manufactured when the war ends; and that salesmen be put to work now selling such goods, for postwar delivery, accepting government bonds as advance installment payments. ; : A special type of government security could be issued. They could: be called post-war trade bonds... They could carry the same interest rate as war bonds. They could be made non-cashable for the duration, to fall due in install‘ments when the fighting stops and civilian production starts.
It is worth noting that; in this latest and most success-
# » ”
Ful bond-selling program, the treasury hasn't confined its |
“appeals to patriotism and thrift, and hasn’t relied alone on ballyhoo and the kisses of movie stars. Instead, the treas- ~ ury has enlisted the services of the country’s best securities | - salesmen,. who have done a magnificent job.
a 2 = # 8 #
HOUSANDS of other superb salesmen are awaiting to be put to work—men who know, how to sell automobiles, refrigerators, homes, radios and vacuum cleaners, but who now have none to sell. Why not give them an opportunity to sell the future of America? If the Kaiser idea is. adopted by the government and
industry, if the post-war trade bond program is put over |.
in the big way organized American selling can put it over, ~ there need be no mass unemployment and misery when the war ends. With grders.on their pooks and hypothecated bonds in the bank, factories will have what it takes to keep men at’ work, meet payrolls and turn-out the goods people want. Our fighting men, returning to civilian life, won’t have to rake leaves. They can be put to work on real jobs at real wages producing goods cistoniers have-already paid for. That’s smarter post-war planning than all the WPA projects that could be dreamed up.
WHERE WAR JOBS ARE DONE
A NNOUNCING ° ‘a new and streamlined . organization” of the ‘war manpower Commission, Chairman McNutt says: “While there must be strict adlicrence to notions)
policies relating to the allocation and use of manpower for |
‘military and industrial needs, every effort will be made to insure prompt and decisive action in the local community. It is in the local community, Jot in Washington, where war jobs are really done.” -. How Mr. McNutt’s new ofesiiization will work remains to be seen. But the principle he asserts is sound, and it’s a pity that more officials in Washington haven't recog--aized 2nd practiced it, Whether the problem be manpower, ‘price control, gasoline rationing, food rationing or -anything else, it can’t be solved in Washington. Washington can make, laws,, orders, regulations, policies—but only the feonntry can make them do what they're intended to do. ~The country is 130,000,000 people living in local communities. - Tell them the facts about what needs to be done, ‘ask them to take the chief responsibility for doing it, con sult them about how it shall be done, given them guidance rom Washington so all the communities can work together
accordance with, a general plan, and they will work to- ||
gether with enthusiasm.’ Give them the idea that war | obs are being done down from Washington, instead of up m the local commuley, and the resulg will be sad.
end with New York's newspapers so bitter that re- |W y lie has refused to talk with reporters and has used a
Sf " sion: WMC has a BT, an alphabet’ all = own.
Fair Enough
By Westbrosk Pegler
er
NEW YORK, Dec. ‘941 Have]
) reading a fascinating book | a
report of the executive|
board of the International Hod
years during which all but one of the original national - by others selected by | In this manner, J eo V. Moresctii, late of Chicago where he was the colleague of Mike Carrozzo, an underworld rn r and free-style crook, rose to the presidency of union which he now occupies. Moreschi and the rest of the mob held the St, Louis convention only because they. were. forced to
e survivors.
do so by newspaper publicity and they explained | that the reason why no conventions had been held | in the ‘meantime was that the membership, when
polled, voted not to. = | That explanation seemed hard to lick, although it meant that by voting:against conventions the suckers of the mem turned over their union and their millions in dues nd fees to a gang who strongarmed their way ito
treasuries grew to tempting size.
A Poll Tax Scherne ‘Adopted
BOOKS ‘LIKE ‘one look dull and are likely to be scanned,. not sl copy happened: to be stuck away on a shelf for more than a year. Recently, however, I decided to plod ‘through it. On close study, it reveals that the musclemen of the executive board adopted a poll tax scheme to accompany the referendum on the question whether a convention should be held. The question was “Shall an assessment of $2 per member be levied to meét the transportation expenses of every local union, not more than three delegates, if a convention is held?” Naturally, the members did not want to dig up $2
4
each to buy Pullman drawing rooms and rent hotel
suites and supply drinks for a lot of gorillas and their molls ‘who always make extravagant outings of such meetings so naturally they voted no.
select, private gatherings of their own little circle
once a year, always at the expense of -the stiffs, of:
course.
$10,000 For a Trip to England
IN 1927, THEY remembered that next year was to be the union’s: silver anniversary and authorized themselves, “to make the hecessary SITangemenis for an appropriate gathering.” ' No ‘particulars on the arrangements were given put
there would seem to be a clue in another entry,
dated Feb. 25, 1931, which reported that, honored by,
the selection of Brother Moreschi as fraternal dele gate to the British: trade union congress in England, and “in order that our international shall take a dignified and fitting part in. comparison. with others participating therein,” the boys in the back room appropriated $10,000 of the. suckers’ money for ‘his trip. The mob has been having a wonderful time: these: last few years, Moreschi is more arrogant ‘and dictatorial than ever. He is confident that no -government
authority will interefere with his racket.and he probs |,
ably is right.
Yuletide Show
A
- |they enjoyed twice. daily.
_ Carriers, Building and ~ Common |
ed, and that ‘was how my |
They saved ‘| ‘their ‘two bucks apiece and the boss unioneers held |
A in our snug homes with plenty " |wear and eaf, how much’ | prize a Testament or, Bible? How
cers died and were replaced |
and authorized themselves | to “take over locals and councils of locals Whose
‘| infinite; co
in tr rend to Brows bt ney dene to point up the issue raised by tne Spine and cold weather back home. : Senator Brown: is ‘a: defeated Demoprat’ from Michigan. He handled the OPA‘ bills in. the Senate and is expected to see if he can make them work Should he act on Mr. Ludiow’s advice he ‘wouldn't even tty, but would abandon rationing of gas and fuel oil because the congressman says it “Has created ‘and . difficulties, beyond. all coms prehension: in, Indianapolis and Indians.” Ey
"People 100 Per Cent Patriotic ea
“I DO NOT KNOW of anybody ro sional district I represent, or in the 1 1 who does. not want America. to. vy 2 Ludlow wrote. iF. : on : “Our ‘people are 100 por bent. pa F ig. s fo do anything that is needed * and sacrifice to bring about victory, 1
ag! shown repeatedly by their responses to- very
“The Hooster Forur:
1 wholly disagree with what you say, but: will defend. to the death your right to say it.—Voltaire.
“IN ‘TIMES OF CHAOS WE NEED TESTAMENT” By A. Lenn Hartwig, 4721 Caroline ave.
Rickenbacker’s experience ." ..: I, toe, was made to thank Got for His
story he told.
Testament, and the prayer méetings, : oo I wonder how much we. who
often do we attend. prayer. meet~ ings? ; . In these times of world war and
* . |chaos, we need that Testament and
CLEVELAND, Dec. 24—Two bright planets add their beauty to the December skies this Christmas| season. They are earth’s big brothers, brilliant blue-white Jupiter and. solemn, yellow Saturn. Leok first for the familiar constellation of ‘Orion, the mighty giant. Three bright stars in a row make the “belt of Orion.” At -an angle from the belt are three : fainter stars, forming the “sword of Orion.” ‘Above the belt is "the bright red star, Betelgeuse, marking the giant's shoulder. Below the sword is. the, bright white. star, Rigel, marking his knee. : .Now look a little higher in the sky snd you will see the constellation of Taurus, the celestial bull, This constellation is easiest found by means of.the bright red star, Aldebeéran, which forms one end of a “V” of stars. The Other stars in the “V”’ are rather Faint,
Saturn Near. Wy! Cluster
THIS “V’ FORMS a cluster within the constellation, known as the Hyades. Not far from the Hyades is the small but famous cluster known as the ‘Pleiades.
“Very close’ to, this “V” you will find the planet
Saturn. It is easily identified by its great bright ness. There is no mistaking It. Low in the northeast sky is Jupiter. It is brighter than . Saturn. | &1 fact, it is the brightest starlike object. in the night sky. Near Jupiter are the bright stars of the constellation of Gemini, the twins, name~ ly. ‘Castor and sPollux.| You cannot mistake Jupiter
‘because of | its great- rightness,
In Washinglon By Peter Edson
7
WASHINGTON, Dee, ' 24.—If'
government wartime, alphabetical
agencies get you a tle confused some time, start digging among HN ‘alphabets - within - alphabets, |}
the the
. bureaus-within-departments, % “the
offices-within-bureaus, the hes-within-offices, : the di-
ns-within-branches, the pro- | >
~within-divisions,
-a TWI, training wil
y industry program, TW has
By Bert Wilhelm,
Here's a sample in the now re-.
bureau of training, and BT has
those prayer meetings: as much as anyone ih. Eddie Rickenbacker’s group. The world in the chaotic condition it is today, many people are turning to God, who is the only solution to our problems. I think of the popular song, “Praise the Lord and Pass the Ammunition.” The trouble with too many today, we have passed the Lord and praised the ammunition. ” ” ”
‘TAXPAYERS: MUST BE ON THE ALERT.
president, Property Owners Protective Association, 2106 Emerson ave.
Recent newspaper reports indicate that the legislature will probably be asked at its coming session, January next, to pass several laws which at first blush seem to have merit, but after sober reflection would” be an imposition against. those living in rural communities outside of Indianapolis and within Marion county. \
tion, in addition to thaf already imposed. The only result would be to relieve taxpayers inside of Indianapolis from a burden which justly belongs where its. ‘One of the “proposals is that the tity of Indianapolis have greater power to ‘compel annexation of con-
As I read “the story’ of : Eddie] -
goodness and mercies as I lived the|
How thankful they" ‘must- Havel. ; been that one of the group:-had a}
Those taxpayers would. be saddled : {With a large and increasing taxa-
(T imes readers: are invited
fo "express ‘their views in. these «columns, ‘religious’ con‘troveries ‘excluded. Make your letters short, so all can ‘have a chance. Letters. must . , be sgred) ihe
; tiguous sections and’ thus’ try city
r w®the | outlying
" ir his tax receipts for the past several years, tables of rates imposed.show what. a big: differenkte there. is ; : Ever carried dit, there is no shewing how the city would give added! fire or
rpolice - protection. The city at the
present time is short of policemen and firemen and in- fact" is. using men temporarily who are nof permitted to qualify as permanent employees. . . . Even when ‘that :condition did not exist; outlying -sections within the city limits did not Teceive proper care although they paid the high rate for city taxes. ... A ‘second proposal by. those seeking a change: through the legislature is that Marion -county : be
made into one township for poor:
relief purposes, to more - evenly spread the’ cost of poor relief. “That idea has been advanced on more than one occasion but rejected when.given consideration. It is well known that nearly all of the poor relief load is caused by migrants ‘coming here to wark and who will not ‘go. back home when their work is ended.. They receive their money in the congested area of Indianapolis and spend it in stores and: taverns there. od The rural communities im: the four: corners; of ‘Marion county such as - Pike,
for years that nearly all who receive poor relief from a township. never were any. benefit to those outlying townships. and they should not be required to care for them. Their presence in boom times con-
LL a Sm—
Side Glances—By Galbraith
though the proposal - were
Decatur, Franklin and: Washington townships have realized |
| life.
tributes nothi Marion- count; gested part of by their, pres: ship should be The ~ propo
changes . shou
carefully. Th plan are’ Feleve blush it seem:
inclined to ap Taxpayers i acquainted. wi the elegislatur
nd clear ar a out i payers must b mediately ‘do
this absurd p KUDNER' DO ONE GREAT
The -article, Arthur Kudne 18, is_a mast tull off vaJaab should be isst and spread o Mr. Kudne have advance: of new ‘machir duction. that
| supply the nec
after the war
However, he great problem ‘give the answ be able to pr what is neede: The one anc all industry ir
| the. co-operati be operated fo
the whole peop profit to the &’ own 90 per c=
.The same the vast indus their jobs and every man anc Job, paying a a week. Use ties to produc curity and co: when surplus vacation wit
| straight throu |
Unless there ‘like this, there ing in wealth many who will ing for lack
This = doés
"| should copy 1! ‘1 ‘lof confiscation | tich as has be “1 The: governn all the big incl:
public utility them with 20+: cent: maturing
| |est on -deferre
Each, indust:
| profit. sufficier | ments.’
Wage
if, large.
merit, and tho
By Jasper. Doug’ ©
piece.
production for
are greedy to - other onhe-tent Ir: ries could still retain
> jobless and suffer the necessities of |
nature, paying for
0 the prosperity of The con- | 1e city alone profits | -e “and ‘that town-: the burden. . .. to make such he watched very
‘a who suggest the Af first "
ind adroit to have ‘corisiderable
laud. seneral should ‘get
1 the men ‘elécted to nowandsshould de<| soncise: information | ne open: The: tax«
n the alert:and im
mething to forestall. . grame RE - wl
#087 as? SN"l ANSWER, ROBLEM” 127 E. New York st. seyond Victory,” by n The Times of Dec. | «5, It is sO information that it lin pamphlet form the country. as shpwn how we
50 far in invention :
/, stredmlining prowill ‘be ‘ able. to of the whole world hen we get back to lian use. uns- up-to-the .one » which -hé fails'to It is that we: will ce’ far more than
nly ‘solution is that t be given over to commonwealth to use and welfare of and not for private milies that already of the wealth and . possession of the
) ‘who now operate
not informed are
‘Fmany heavy, long-range . ‘guns. ‘| be flown ‘in formation so that cross fire—interlacing
in the world..
appeal: They pay. taxes and subscribe’ for bond it hurts. 1 But they would, like to be asked to do things, rather than to be ‘mandatorielly, Tegiientes into doing them.” ’ In raising this -cry agaist regimentation; n Me, Ludlow strikes a chord which will be sounded ‘again and again when the new congress" convenes. Tb already is being re-echoed by such a former sterling New Dealer as the veteran Senator ‘Kennetii” D. McKellar, Democrat of Tennessee. - : 3 :
| Sentiments Are’ Significant © 7
"INTERVIEWED IN MEMPHIS, where he has gone home for the holidays, Mr. ‘McKellar gloated, over the forced resignation of Henderson as price boss. . "Then. he added the Ludlow idea, urging “that-an ‘end be put to government rationing and ‘co-operation on’ a voluntary basis be substituted. a » Coming from a senator from the deep South, such sentiments are significant... For the new congress will
be composed largely of McKellars' and’ ‘Ludlows and the new near majority of Republicans in the house. That may mesn a coalition which could turn the wartime New Deal info a very dead ack. :
i Tactics By Major Al Wil
NEW YORK, Dec. -24.—Arer= ican bombardment tactics differ radically from those of the British, The British operate their heavy: bombers at night in heavy raids: over, Europe. . _ They train pilots, “ bombardiers, radio men and: bomber: gunners: for the job, of Bony bombs, and . for . defense of the bombers they depend large= ly. on escorting single-seated fights ers. . Our idea is. different. We build our flying fortresses to fly much ‘faster and higher than the British bombers; putting into” ther The fortresses nfust
gunfire from those long-range guns—can cover all angles from which. enemy fighters can attack.
Enemy Flies Into Porcupine Ray
* FORMATION HOLDING, ‘therefore, Is the eksence. of efficient use of-the fortresses. So confirmed. were our’ gir corps. tacticians’ in. the: belief - that. the. forte resses’ big guns could defend them when in formas tion that they discarded’ the escort of fighter planes, Furthermore, the fortress is a day bomber, with “precision bombing its” strongest. point. - Unless. the target is concentrated, as is the casein England, the ‘dropping of bombs indiscriminately at night’ 1s . waste of effort. : : : Gen. Frank M. Andrews first. worked out the idea that. a bomber crew must be regarded as a crew and trained as‘such. So, Naz fighters attacking’ a flying fortress formation ‘today sail .into a veritable. porcus pine—each quill: a 50-caliber gun—and ‘with * ‘more quills facing the attacker from below. This. ‘plan,
built into the flying fortresses on. the drafting, board, makes them the most povertl aircraft of their: kind
Ld
Allied Srey ;
By Ludwell Denny
rive ‘employment’ to| voman who wants |
¢ ,mean . that we|
communistic plan | without, remunera- . done in Russia¢: nt should’ buy out. tries that are of:a
r bonds with 5 per nnually and:inter- | payments,
2 ats
WASHINGTON, Der. aA depends on - whether. - the, allied ‘move into western Burma is: td ; capture the strategie -Akyab. airs field and seaplane wase ‘ou - . bay, orto start the seounter-offens sive against Japan. - © ©. ar ©. If ‘a local operation, « it ‘may, prevent enemy invasion of HE ‘and provide an allied“ ‘adv bombing base : against ne Rar goon-Mandaluy railroad. * os
in the Pacific war, For Burma and China a ‘only land fronts. against Japen, and have: fhe land bases for main Jap supply. war industries. slp} : Allied action : umd Bas.
should be tun at 8 rg sul
4 meet, these, pay- |!
could ; be paid in ited . ‘States. bank nould- be drawn. :
A i
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