Indianapolis Times, Indianapolis, Marion County, 10 January 1948 — Page 10

Indianapolis Times

ROY W. HOWARD a CREAN HENRY W, MANZ ; “PAGE. 0

Business Manager

"Saturday, Jan. 10, 1948 : Sunday) by

: and except he d piled diy excel Maryland | 3t. Postal Zone §. Member of Unitaa Press, Sctipps-Howard News. | paper Alliance, NEA NEA Service, and Audit Bureau of | p Price in Marion County, § cents a copy; delivered by carrier, 25¢c a week. Mail rates in Indiana, $5 a year; a Phtim yates, i possessions, Canada and exico, a my Telephone RI ley 5551. |

@ive Light and the People Will Find Ther vwn Way |

They Just Don't Fit

| i Vig

crease our annual output by at least one-third above the prevent level. . We can lift our standard of living to nearly | double what it was 10 years ago.” f That is no idle dream. It can be done, as Mr. Truman adds, by business, labor, agriculture and government, work- | ing together. And the duty he assigns to business is essen- | tial: “At least $50 billion should be invested by industry to | Amprove and expand our r productive facilities over the next few years.” | But where is ality to get the $50 billion? From profits? It would take the entire net profits of all | corporations, after payment of taxes at present rates, for | the next three years—assuming such profits continue at the | $17 billion annual level reached in 1947, which is a big as- | sumption. And Mr. Truman wants to boost present cor- | poration taxes $3,200,000,000 a year so he can. give indi- | viduals an election-year income-tax sut of $40 per Hspayer-} and $40 per dependent. " From the banks? Almost every authority in the gov- | ernment warns that bank credit already is dangerously | over-expanded—that increased borrowing by industry would raise the upward pressure on prices.

right way fo raise capital for industrial expansion. -It ~ requires that people who save money shall be willing to - risk it in enterprises that offer the chance of gain and the risk of loss. The main source of such risk capital is that comparatively small group of persons with incomes, from ~ salaries or investments, in the middle and upper | brackets. -

BUT.MR. TRUMAN'S tax plan would eate two great discouragements to investment of risk capital. It would reduce the chance of gain by diverting to the federal Treas-

be paid in dividends. And it would prolong indefinitely the certainty that any dividends received by investors in the middle and upper-income brackets would be taxed again at high personal income-tax rates. Those rates at present—and Mr. Truman would con- | : tinue them without significant change—take more than one-fourth of a $20,000 income ; nearly half of a $50,000 in-

REALS

ers who have to pay hig

RES SRT Sd i 3 ; a, industrint’ _ expansion aren't likely to risk much of it on investments that offer less chance of gain and continued high taxation | of any gain received, ; Mr. Truman's tax plan and h his hope for: increased out:

shot facts at the Truman cradle-to-the-grave-and-never-mind-the-cost message reminds us of a line by George Creel: on “Another reat story ruined by. an eyewitness.”

The Great Ghost : ARLES MICHELSON; who died at 79-in Washington this week, was the most successful practitioner of what Yat become a Herve art or profession— political “ghostwriting,” = As an able newspapermian for more than 40 years, he } learned most of what there is to know about: politics and ‘politicians. In 1929, John J. Raskob and Jouett -Shouse ‘made him publicity director of the Democratic National

ar er pve i

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part—in Franklin D. Roosevelt's 1932 election. Gifted with a barbed wit and a:sharp eye for issues ~turnable -{o-political-advantage,- Mr. Michelson-set-out to * “hang, the. depression on Herbert Hoover,” The. speeches | he wrote or polished up for other men to make had devastating effect. His Phrases became catchwords.

theta

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licans and anti-New, Deal Democrats he smeared, no great

— onic autobiography, “The Ghost Talks, published in 1944; made that clear. “I'had no part-in formulating Roosevelt policies)” he wrote.” ally campaigned to the best of my ability for anything the President proposed.” ‘ We can think of at least two parties, and many candidates, that would be overjoyed right now to hire a propagandist of Charley Michelson’s caliber. And we can think of plenty of cynical propagandists. But no one in sight has enough. of the Kind of talent it would take to fill the Great Ghost's shoes. Which, all ‘things considered, r may be just as well.” '

He Had Charge of Our Treasury. ENRY MORGENTHAU admits “some transactions” in the commodity market last summer. The Agriculture Department says he was 195.000 bushels on the “short” j side of corn on June 80. As of that date the price of corn LF was $2 a bushel. By July 15, it was $2.20; Aug. 15, $2.37: 34 “Aug. 30, $2.44—and it hasn't been down since.

‘we cannot compute how much he lost, but apparently it was ~ plenty, “I sustained a loss,” says Mr. Morgenthau, and -- adds. in. masterly understatement: “It is obvious that I had no inside information.” + 1t is true Mr. Morgenthau was a private citizen when he got into the corn market. What he did was not illegal, nor immoral, not in any degree reprehensible. - He had every

but himself.

ving a longer time as Secretary -of the any. other man who ever held that office— handled the government's business al-

| rhymes and jingles of course are not too diffi.

| to be clever at rhyming, of course, but unless

N the next 10 years, President Truman says, “We can in- [

From private investors? That is the traditional and |

_ury a large share of corporate profits that otherwise might |

more at

oy RR fd

Ohm tion Ly HR

‘Committee, and he played a major part--perhaps the major DEAR BOSS son

3d Party Theme Song: | “'m Wild About Henry’

MR. MICHELSON felt no personal hate for the Repub.

ds moral fervor for the men and causes he served. His sar-

“I was merely a propagandist and therefore natur- - - : | supporters inv Massachusetts, caused him to bother about this one-man

For to a. machine-made professional like Harry | ‘8. Truman, Mr. Wallace himself must rate as that most despised pariah

Not knowing how Mr. Morgenthau settled his account,

right to speculate with his own money, and he hurt nobbdy | Yet the impression sticks with us, that when. he was |

In Tune With the Times

POETS UNLIMITED

1 had no idea there were so many good poets in the territory served by The Times, Humorous

cult, but the volume and quality of serious verse appearing in this column has been a revelation to “me—8$0 much so that after a few ‘abortive efforts I have not sought to compete with it. For light verse about all one needs to remember 18 to make one’s rhyming serve what one has to say, and not vice versa, ‘You are expected

what you say is clever, too, it will fall flat, If your quatrain turns up missin’ From a column such as this'n, Perhaps you were clever at rhyme and rhythm But failed to include any meaning. with ‘em. Serious poetry, however, is difficult because it must be written with the heart as well as the head. If you write with your head alone your reader will sense it immediately, and nothing i8-move.dreary than artificiality in poetry. Your Ithes should not only say something, they should connote a great deal more. You are trying to recreate In your reader a mood, a deep emotion, and how can you expect to do so if you do not fee! it . yourself? An excellent example. of this type of poem is “The Lost Chord,” by Carie Jacobs Bond. This poem was not enhanced by setting it to music. The music was already there, The solemn tones of that organ march with the lines as surely as if a great composer had written them there. True poetry 18 a wedding of words which have never been wedded betore, but which obviously belong together. Unfortunately, there is nothing in my own writings which will serve to exemplify this. Nor is there likely to be. So 1 shall call instead upon a real poet, whosé name I have forgotten, but not" his verse: I know not where his islands lift Their fronded palms in alr; 1 only know I cannot drift Beyond hislove-and care.

—~CLAUDE BRADDICK. * & @

The surest way of learning to write is to have something to say in 600 words and and have to - squeeze u {nto--200. LAD BRADDICK.

~ CONQUEST

+ Trees, barren and stark Standing so still; No leaves on their bark, No grass on the’ hill. The bark of the trees I= covered with snow; The warm summer breeze Long since ceased to blow, The grass. on the hill 1s blanketed white; | All life becomes stl | With Winter's great might. But joy soon springs forth With life's winning smile, ! "Twas just a short while.

~BESSIE CLARK. *

$ *

SN Shaped

“GRAPEVINE y

Snifter Myers is back at it again. He took one | look at the new hat his missus wore back | | from the city, an’ jes up an’ fell off the waggon. | Miss Roberty Cox, Bmoothy Smith's gal, 4s | away visitin’ an’ Smoothy's bin sendin’ her” Spe- |

LER Ilr 2 ARTIS. LETE, fai * oo

An eastern pastor resigned because his congre- | gation insisted on having church suppers. He probably doesn’t He il Tout, {

FOSTER'S FOLLIES | (“Paris—Intefior “Minister Moch*®uts Off Que. oline to Red Party So France May ‘Defend Itself’. . Cutting off the Commie ration For all campaign gasoline, Mr. Moch hopes he may fashion A defensive measure keen, But this man and all his henchmen > Have brought on a pretty pass, ~.. When a loyal DeGaulle Frenchman. “Cannot give a Commie gas,

—

NATIONAL “AFFAIRS .

WASHINGTON,’ Jan. 10—The old saying about: history repeating: itself is wide of the mark. While the drama on the world stage seems. often to be a

_ repeat, there are variations which -make the end . result something quite different. ;

1924 was a year that had many surface similarities to 1948. The idealism of that other war had been replaced by isolationism. We were never going to be taken in again by the intrigues of the old world. Europe .called us Uncle Shylock: The two old political parties were like Tweedledum

and Tweedledee, so fat and contented that you could

surface, protest and resentment boiled. x Today it is this same resentment and protest that Henry Wallace seeks to exploit. There is the same

yo staked Aivorve-vecuie= Her : use TOL mr Ir = ors they

“total. The Wallace total will be important in those 'states—New York, California, Iliinois and Michigan’ -—with a large city population and a high proportion of Negroes, many of them only ! Trecent. come to the north with a new awareness of the problems of their race. - And these are ‘the Pio States in she presidential Sante, :

de 4; dame es HARRI wigan Eatin x TOES, WAS

for the New York Times, expressed the view that he did not see how the Democrats can carry New York State in view of the minimum of 200,000 to 250,000 votes Mr Wallace will poll there. From

|" California comes a similar prediction,

In 1924, Robert M. La Féllette Sr. ran for President on a third-party ticket. He polled five million votes and carried one state—Wisconsin. The Republican ‘victory was Fusmanieey well-in-advance of - election dav. .

But there are major differences between Mr. -

La Foilette In '24 and Mr. Wallace in '48. Without any weasel words, Mr. La Foliette repudiated the

Communists who wanted to ride on his coat-tails.

As Edward N. tells the story in his recently published “The La Foliettes and the Wisconsin Idea,”

. By ‘Marquis Childs

Wallace Not Another la Follette

Added Ee. Se Wi) Torts a cutataniial .

munists was fo be held in St. Paul and they pro-

posed to indorse Mr. La Follette. Mr. La Follette |

spoke out: “The Communists have admittedly entered into this political moyement not for the purpose of curing, by means of the ballot, the evils which afflict the American people, but only to divide and conHe A ve movement and create a-condi-

tion of chaos favorable to their ultmiate aims. Their |

real purpose is to establish by revolutionary action

‘a dictatorship of the proletariat, which is abso-

lutely repugnant to democratic ideals and to all American aspirations. —“Not only are-the-Communists- the mortal enemies of the progressive movement and democratic ideals, but tinder the cloak of such extremists, the reactionary Interests find the best, opportunity to Plas shew

ls that his most vocal support comes from’ the Communist ° Party. - This is only _one evidence of the difference between ‘24 and '48. Before 1924 the League of Na“tions had been: ‘scuttled by President’ Harding. Both

parce ‘were essentially -isolationist, even though the |

OCT S

0 fhe Leagus

e ihe wide rang. of bi“partisan support fof rope ‘co-operat as a “Worle reconstruction that existe today. Lith Mr. Foilette talked idealistically about disarmament, he was talking into a -complete vacuum. When Mr.

Wallace talks the same way, he is in reality talking |

against any practical. hope of a stable world order. With his cries for perfection and against war and any racial segregation, he is serving the cause of the intriguers who want tq_produce breakdown in this country. That is a fact which should make those who feel like voting for Mr. Wallace, protest, stop and think a moment. That kind of protest 18 worse than futile. it.is a reckless abuse of the

‘privilege of the ballot. “There is no justification in

1948 for the kind of protest vote that Mr. La Follette

~~ #-convention of Partier-Laborites dominated by Com= rolled up in 1924,

By Daniel M. Kidney

DEAR BOSS:

tion here.

committed ‘to the Communist Party line Maybe the Boston Globe poll, which showed Mr

third-party movement

of politiclans—the political ingrate. “This 4s not without some reason.

“to the cabinet again even to the City Council in Des Moines For Mr of “Arrogance

He loves humanity but he just doesn’t like people.

'Mc'es Sen. Taft Appear Friendly

[7 MR. WALLACE doesn't want followers Ms wants worshipers. And the idolatrous Commies are just the ones to provide them for him—

imprisoning him meanwhile The man is so aloft and self-satisfied ‘with his makes the somewhat frigid Sen. Taft seem friendly Where is the humility that his

having followed his orders he was off them: "the dictionary and Bible need rewriting But to get down. to cases. When Mr. Wallace Agriculture ‘he held weekly press conferénces. them religiously.

at Chicago—he presided over the Senate for four

Always Stopping in to See Garner

on very urgent business, an exception,

| Senators of both parties:

| Later President Roosevelt appointed him dint of Commerce. [

Having helped depose him as Vice “President, it natural that Senators should drop their opposition.

“Why-President-Truman-devoted.so. much. of his State of the Union | message to trying to appease Henry W. Wallace remains the $64 ques-

That rhetorical “part of his speech to the Congress where he re“peated the—phrase—Fhis—leads—to-peace—not-war. signed’ to win the Wallace followers —if any--who are not completely

Because’ a Democratic President, | the late FDR. promoted Henry to the cabinet, vice presidency and back He probably couldn't ever have been: elected

Wallace has what political reporters nateshyness born

backers boast about? off ‘his awn nomination by saving he had served notice on the Democratic Party and its high command just what they should do—and not If that's humility both

Reporters attended But maybe two hours later-he would pass them on the street and ‘not even speak. That ‘went on for years. After President Roosevelt jammed him down the Democratic convention delegates’ throats—some sore from booing him out of the hall

make a single close friend on either side of the aisle.

Senator Pepper of Florida may have been

When he was replaced by Sen. Truman, . whoop. went up trom

Side Glances—By. Galbraith

was purely de.

wallace has some

own ego that he

He kicked

was Secretary of . "No letter from your boy again

Sen Hill of Alabama, pulled all

years and didn't | just: that—posing.

ie His favorite game here used to be boomerang : ~*~! he can both pitch and catch. That should be the symbol of hi¢ third | WHERE PORMER Vice President “Jack” Garner had a constant’| PArty and its campaign™song should reflect the real reason for his open house in his office, with both Democrats and Republicans flock~ ing in for a drink or chat, no Senator ever came to see Henry unless

0OPR, 1940 BY EA SgVICE. WE. TW. REQ. U. 8. PAY. OFF.

that he's doi ing so well i

When they got through Mr. Wallace never even sald When Henry batted down the ears of a news photographer he was in natural form. When he relented later and‘ "posed” he was Yoing

running. In should be “I'm Just Wild About Henry,"

soll.

which ‘met. last

1-10

. s . Typical of many, this week—it's sure nice to know

possible strings to get that done. “thank you."

He likes that, Por _

cam ED

would seem only But he only got

oe waa a Jo nage New Dealers, ite Bak Bp a

So They say

EVERY YOUNGSTER can't grow. up to be’ Predident,

sow)

takes ©

Hoosier Forum

"'do not agree with a word that you sey, but"

“How 0 Give fo Europe’ a By Bull Mooser, Crawfordsville ~~

" We. American people ADH DAES mperainipe: to desperately that we have tolerated the im.

Gon

; ag oro ious] national debt of $0000 un tug

man, woman and child in these United States following our international experts in fe. willo-

to “Save the world for democracy.” As ane Who has volunteered foF two was, and,

Europe and how we give it, My suggestion: Let us take all'the investments abroad enjoy.

have if. it is to be the body that handles the strategic problems of justice and. goode—will out of which the One World must come. Let us quit being kidded into believing we can buy peace—either with our dollars or. with the - blood of our sons. We, alone, can no more build a One World and peace, than can. Russia, or Brit. bain. or France, or Mussolini, or Hitler. .

World and peace; and we Americans, since we hold the most international plums, must sacrifice most. It is useless and hopeless to dream otherwise. If we are unwilling to make the sacrifice of our in. ternational plum and put our trust in the United Nations and international justice, then we do not

git

i sc wea 1% sym. in sare a om

La |

merely out of angry |

want peace. We want war and we will get war. We will be voting money for international war—not in- | ternational peace.- ’ “v ee LJ ‘* 2 ‘Off to a Good Start’ By Tom McGuire, City As average residents of our city, us one and all to let our new city dad know what

it behooves

no doubt some of the things we need we will get: 1 heartily approve of his frat day$ wok. The fesult. isa promise of economy, ‘eMiciency and | earnest routine. |. Had it In mind to suggest once that the new {| Mayor, being a Democrat, should revert to the former $6000 salary, mostly because it was a luxurious gift from a Republican regime. !

He rides his own vehicle to and fro, and asks for na super-service by way of chauffeur. The

Wallace = A %

| that I thoroug

i Lad

agree vtih him #1 y os

| runs. He may not be-elected, mm | Yoies he Wil get will be something to be ng i" remembered. Why shouldn't we vote for someone who has * {our interests at heart, someone who won't sell out our government to Eurpe, someone who is concerned about our taxes ‘and the welfare of our people: You, Mr. Editor, if you call this communism, then I'll Be happy to be one. ! I- have been thinking about who and what causes wars and it boils down to this: The personal greed for power of the “Buresuerats-in ail ‘governments, our own included. This is the sole —euse- inid-hot the litle" people. er —

"IRD AFFAIRS . . . By William Philip Simms" “i

How Will U. S. Aid ‘Be Administered?

WASHINGTON, Jan ...Mutshall's “enough-or-nothing”-to wrestle wittl an equally important problem, how American aid w Europe would be administered. Te Lot Toertlya: auettios:-whellicr-tse-Suate- Departmetl. vill be.. charged with the job, or an independent authority is set up by Congress or an agengy which is a compromise between the two. Observers who know a good deai about Europe say that if “humiliating condi- | tions” are attached to the European Relevuy Brogeia, it will do the | United States more harm\ than good. ! From the outset, Moscow has based its fight on the Marshall Plan on the ground that its aim was to “enslave” the states accepting the plan's benefits. It has charged that thie ERP was just another trick ‘of “capitalist imperialism” whereby Uncle Sam was seeking to acquire “more colonies” abroad. The entire world has been deluged with Soviet _ propaganda ‘along these lines and it has not always fallen on barren

10—In addition to Secretary of State Congress is going to have

Question on National Sovereignty NOT EVERYONE in the western world is corivinced of our entire good faith. There is talk in all of the 16 nations of Western Europe

summer in Paris and organized themselves to co-

operate with the United States. Some of them—notably, Sweden and Switzerland—went so far as. to make their collaboration provisional. They would go along. they said, provided nothing was done to detract from their national sovereignty. Even in England there is talk of the price, in terms of sovereignty, which Britain

national and the rest may be called upon-to par:

one of the leading London dailies recently published

a front-page cartoon showing a shower of dollars raining down on Europe,.’ To each dollar was attached a string reaching back across the Atlantic ‘to the United States. In Europe last summer this writer noted some anxiety regarding ' the conditions which niight be attached to the Marshall Plan, This | anxiety is still there and certainly the leftist press and radio, have done little to abate it. Only Congress can do that. What it decides can hardly fail to have a tremendous bearing on how much or how little | friendship and good-will we will reap as a result of our sacrifices.

To Help Europe Help Herself

FOR CONGRESS merely to appropriate billions would be ‘folly. i Gown Ane rat he. The whole idea is that the Marshall

Most ‘of the money

will defend fo the death your right fo say it |

A a ppp

i | { + A | we would dike to*have and if he be a good pappy § { |

article in the Hoosier Forum Jan. 5, I wish to let it be known ~

; JPODEFAaved. Asst nice: aR fon the damm: roan 204 Nouid_eanly_ oa

Sy ne :

SATURDAY, J.

Boy { Joneshora {Tells of P Switch Lo

‘Just ‘Wanted A Derailment

s 16-year-old boy wh g a switch and Jocal New York Centr train “s0 I could see a t he youth, whose

"wanted to See of don't know for sus i he said. “T guess I

Then he became frig

All nations must sacrifice if there is to be & Ons weral others his a:

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John Francis Sween 8. Warman Ave, wa ‘condition at General day of injuries suffer was struck’ by a car | oe 30 block of w t The car was driv Phillips Jr, 26, of 5

In fair condition at st Hospital today “wai Davis, 13, of 3517 N Who was injured when a motorscooter yester« Miss Davis, a pas! Scooter driven by Chg 16, of 3537 N, Denny | the vehicle when it st on E"38th St. neat ¥

ries of 24 To Provide Res

be revised at ‘the pe: We Legislature to pro Jules of 24 persons, Only 12 persons w J 4%, but another Ju tailable as a stand. Tellef. . Under the pr one jury must serve fo the judge pointed out

Sherwood to A

Rotarians Tuesd

Henry Noble Sherwi Secretary of the boa education, Disciples o Weak on “The Respoi Rucation to Modern " at the noon 1 day po Indianapolis R tn the Claypool Hotel. ot Rotary distri be held March | castle,