Indianapolis Times, Indianapolis, Marion County, 17 February 1950 — Page 20

The Indianapolis “Times

A SCRIPPS-HOWARD NEWSPAPER

ROY W. HOWARD WALTER LECKRONE “HENRY W MANZ President > Editor : Business Manager PAGE 20 Friday, ay, Feb, 17, 1950°

Owned and published daily by lridianavoiis Times Publish. ing Co. 214 Maryland St Postal Zone 9 Member of United Press, Bcripps<Howard Newspaper Alliance NEA Serv. ice and Audit Bureau of Circulations ia in_M. Hon County. 8 cenis 8 ro or 19 Baa aa e ered by 6a rier deny Bd sandr he s ee Bunday only. 10c. Ma‘l rates in Indiana ay, $10.00 a year daily. $500 a year. Sundas nly, $5 all otner states 8 possessions. Canada and Mexico dally $1.10 » month. Sunday” 1c a copy

Telephone Rl ley 5551

Give IAhE and the Paonia Will Fina Their Quwn Waw

IGRIPRS ~ NOWARD |

It's Only Money—IV ARL G. STRANDLUND, representing a Chicago company in the business of building filling stations, traveled to Washington in 1946. He wanted priorities for a little steel, then 80 scarce that the government rationers would let him have none for . filling stations. But government housing expediters gave him a new jdea. Maybe he could mass produce prefabricated steel houses. If so, they'd get hinr steel. Prefab housing was a field strange to Mr. Strandlund, He would need capital to venture into it and he could afford “to risk only $1000 of his own-money. But the housing expediters had an answer for that problem—the. government's “Reconstruction Finance Corp. had plenty of money.

SO Mr. Strandlund organized the Lustron Corp.; and leased, for $425.000 a vear, a government-owned former war

DEAR BOSS ci By Dan Kidney

Capehart Turns

+ State Historian

Senator Will Review 100

Years of Indiana's Growth WASHINGTON> Feb, 17--Dear - Bogs —Qur genior Republican Sen. Homer E. Capehart will

appear in a new role here Sunday Hoosier his“scheduled To address the "Indiana State Society of Washington at a combi

nation luncheon and breakfast at National Airport. The event is the Society's contribution to the Indiana sesquicentennial being celebrated this year. And the Senator. has promised. to # review the history of Indiana ". from 1850.

-Rep. Ralph Harvey, Repubican of New Casti¢, who is vice president of the Society, 4%: will present Sen. €apeheart [2 The latter's office staff has

and to

last

research expected about the

been dbIing some the Senator is come up with some new stories 100 years of Indiana history. Artist Paul Hadley, Mooresville de signed the Indiana state flag and won a DAR award, is to be an nonor guest of the Society He will arrive here tomorrow arifl be to the Hoosiers in Congress hy Rep land Bloomington, who also will introduce at the Airport affair. Douglas Whitlock, society director, arranged to take the state artist to the “tall sycamore from the Wabash,” which is one of the outstanding trees on the spacious grounds at. Capitol Hill, The original was planted there

Mr.

Capehart

who

presented James Naohim also hag

see

Pars ms

plant at Columbus, O. And, from the White House, Presidential Assistant John R. Steelman wrote a letter urging the RFC to make a loan to Lustron. The first RFC loan—3$15 million—was granted June 30,

"1947. A year later Mr. Strandlund needed, and got, $10 milJon more. Four months later he needed, and got, $7 mil-

lion more. Thereafter he needed, and got, $5 million more, bringing his total borrowings from the RFC to $37 million. Lustron started line production of prefab steel houses in June, 1949. Since then it has been able to produce and sell fewer than 2000 of them. Cost to the purchaser, including a lot, has ranged from $10,000 to $14,000.

. IT HAS not been able to repay any part of the $37%% million owed to the RFC. Nor, in recent months, has Mr. Strandlund been able to convince the RFC that he can make a go of the venture if only the RFC will lend him some more millions. And now the RFC has decided to foreclose on its Lustron loans, with small chance of ever recovering more than a few cents on the dollar, : Well, of course, it's only money that the RFC will lose. But part of it happens to be your money, taken from you in federal taxes.

YOU WILL, we hope, wait to add your voice to the demands for a congressional .investigation of the Lustron affair and of other RFC lending activities. And you may conclude, as we do, that Congress should call a “halt on bureaucrats who risk the people's money ‘in ventures which most of the people—if they had any say about it—would not undertake.

City’s Building Needs AST population growth. of Indianapolis’ metropolitan areas is forcing expansion programs in several directions. id Ignored too long already, perhaps, is the need for more hospital facilities. The Indianapolis Medical Society, which has known for a long time that the City's present hospital fagflities are not adequate to meet a major emergency, has forged this issue into action on Plane for a new hospital to De “started this year. Indianapolis will have to have more Hospital facilities in

“the near future and action on it had better be started now.

Also, the increased birth rate before and after the war along with the population increase is gradually forcing the City school system into a tight squeeze that can’t be ignored

" much longer.

IT HAS been known for some time that Indianapolis will have to have more classroom space but little has been done on a specific building program. ‘The School Board this week proposed consideration of a special tax to provide a building fund for sometime in the future. Delays in planning for future needs will only result in more costly, stop-gap schemes hastily set up to meet emer-

.._gencies we knew were coming a long time ago.

Nice Going ODAY we'd like to let go with a burst of applause for y Indianapolis coal dealers. ene THEY. SLL have a little coal... “a little coal” since last June. That's a long dry Spell. but they have managed through rationing, careful ‘handling, and counseling of customers to weep us warm. And there is no evidenee that they have profiteered, hiked prices for customeérs who were. on the verge of freezng. “We like that way of doing business, and we like them for the kind of men they've turned out to be. They've shown something more wholestme than dollar gense. In their conduct there has been the good attitude of civic responsibility.

Times Have Changed HOMAS JE FFERSON ng Andrew Jackson would be astonished—and, perhaps, a trifle dismayed—if they could see how modern leaders of the Democratic Party “honor” them. . In Washington, for instance, 5200 Democrats sat down with President Truman last night at a dinner costing $100 a plate. Most of the $520,000, of course, didn't go for food. The Democrats aren't that shungry any more. Most of it will go into the party’ 8 campaign chest.

BACK in Mr. “Jefferson's day, $520, 000 was more than enough to run the government for a month. Now it's not enough to run the government for an hour. But, of course, times and Democrats have changed. By a remarkable coincidence, all the federal district pttorneys in the country happen to be in Washington, having been called there to attend a Justice Department conference on crime. The taxpayers paid their traveling ex-

“ penses. And all those district attorneys—oy, at least, all of

them who know which side their political bread is buttered on—have bought $100 tickets to that Jefferson-Jackson dinner. : + Mr. Jefferson: ‘and Mr. Jackson were: “practical: politicians, but it may be doubted whether they would have cared, or dared, to be Pile that praggial. a

on what happens in the U. &

And.thex've been having...

Reds Key to Peace

by 8en. Daniel Voorhess, an Indiana Democrat who was referred to by fellow-senalors as the tall sycamore from the Wabash.” First Indiana Senator ANOTHER - site of histori¢ interest to he

visited by Mr. Hadley and his hosts here is the grave in congressional cemetery of the first Senator from Indiana James Noble, who “served with Sen, Walter Taylor in 1831, eS One-hundred and sixty reservations have been made for the Society's “brurich” and visiting Democrats who came for the $100 per plate dinner last night and remain today for the Mayflower Hotel reception by President -and Mrs. Truman are being urged to stay another day and join in the Washington-Indiana sesqui celebration. With Congress practically at a standstill during the last fornight, as Senators and Congressmen scattered throughout the country making Lincoln Day and Jefferson-Jackson Day speeches, the Democratic National Committee dug Into history a bit and traced their big national clambake back to 1828,

First Dinner in 1828

THEY report the first nationwide dinner was held in New Orleans to honor Andrew Jackson who was campaigning against John Quincy Adams, Democrats came from as far as New York City and the event took on =omething of the spirit of Mardi Gras, It lasted four days and Jackson won the election that year. The next recorded dinner wasn’t held until 1854, when -the Democrats assembled in Washington to dine and view a newly erected statue

—— of Jackson which is the equestrian one now in

Lafayette Squaré directly across Pennsylvania Ave. from the White House. The Democrat historians then recorded another long lapse before another dinner was held here. It was 1912 and the Jackson dinner here that year had as speakers Woodrow Wilson. William Jennings Bryan, Champ Clark and Oscar Underwood.

Road to Presidency

THE SPEER by «Mr: Wilson was credited _ with startin m on the road to the Presidency. In 19200 n Day banquets were held in

Washington and Néw York and by -1936 they were being held in various parts of the country. That year the National Committee took charge and made them annual events where they charge $100 per plate and thus aid the party's national fund-raising. They are popular enough so that Hoosiers atone bought $10.000 worth of tickets and came all the way from Indiana via special train.

CLOUDED ECONOMICS .

ASHINGTON, Feb. 17—While few Ameri cans are aware of it, this nation has signed a pledge to maintain full employment. That pledge is contained in articles 55 and 56 of the United Nations Charter. a All the signers of the charter agree to promote full employment, higher standards of living and “conditions of economic and social! progress.” They pledged themselves to do this by taking “joint and separate action in co-opera-tion with the United Nations.” as What points this up today is a United Na--tions report almost totally ignored in this country with the title, Measures for Full Employment.” That report, prepared by five distinguished economists, two of them Americans, warns that conditions which could lead to a world-wide depression like that of the early Thirties exist today.

Unbalance in Trade

THE REPORT declares that there can be no real and lasting prosperity so long as there is a major unbalance between American and dollarstarved Europe and Asia. The five economists say: “In recent months, it appears that the decline in activity in the United States has been arrested. Industrial production and employment have both turned upward. “We shall not attempt to predict the course

. of events over the next few months but the es-

Maybe Sen. Capehart will put that in as a foot-

“note to hiz hundred years of history;

What Others Say

THE report that the Britizh government has recognized the Communist regime in China comes as a great surprise to me. In spite of many rumors that the United Kingdom was going to recognize the Communists, I refused to believe them, because I had too much confidence in the wisdom of British statesmen.—President Syngman Rhee, Korea, : oe YOU know what an economist is. He's a financier without any money, He's a Phi Beta Kappa with a chain that has a key on one end and no watch on the other.—Vice President Alben Barkley,

* 2 ». oo 0 oe

WHAT happens in Europe in the next five

sential fact remains that the international scene ie clouded with uncertainty concerning levels of economic activity and employment in major industrial countries of the world. That uncertainty can be removed only if governments can assure ‘the world that tHey are in a position to deal with a recession if it occurs.” This is in marked contrast to the glowing rhetoric ahout the future of America’s economy produced by the President's Council of Economic Advisers at the first of the year. The conservative London Observer called the United Nations report “an intellectual atomic bomb.” One of the first effects of the depression that"

“hegan with the stock market crash of 1929 was

that each country immediately: began to try to export its unemployment. That is to say tariff barriers were raised to keep out competing foreign goods while nations tried to dump their own

. products at low prices. Here at home Herbert

wearsowisurety havea determining -infiuence

in the next five decades. —Paul Hoffman, ECA administrator.

FOREIGN AFFAIRS . . .

WASHINGTON, Feb. 17--In ironic tist, Albert Einstein, says there may be

World War 1V. he. says. the

felt evervwhere by scientists, the future peace of the world.

By Bruce Biossat

mood the eminent sciensome doubt how fight the next war but none at all about the one after that, capops will be rocks... wo Hi® wry comment “Accurately Mirrors the profound concern statesmen and ordinary men over -

Hoover &igned the disastrous Smoot-Hawley Tariff Act even though he was privately opposed to it. The United Nations report contains recommendations intended to prevent that from hap-

‘pening -in-a-future. crisis... The: chief proposal is

for a compensatary system that would; theoretically at least, operate even in a relatively mild

we'll In

N-~thing to ory Be

- ws

“National and International _

~check .a.decline. is. imperative.

SDEGLANCES

. By Marquis Childs

Perils i in World Trade Seen

recession such as occurred in this country last year. In elementary terms, here is how it would

‘ work In relation to the 1949 recession. That re-

cession caused a sharp decline in the volume of imports coming into this country while at the same time the level of exports remained high.

World Bank Plan

UNDER the system proposed in the United Nations report, had to deposit with the World Bank American currency equivalent to.the drop in imports as measured against the continuing high level of export§. Then the countries hurt by the fact that this country had shut off their goods would be privileged to go to the World Bank and with their currencies buy the U, 8. dollars. . With those

dollars they could then get the commodities they -

needed in the world market. This sounds complicated. Actually it is very simple; probably so simple and so effective-that it never will be adopted. But the United Nations report flatly warns: “We can envisage no satisfactory solution to the world full employment problem and no real improvement in the world trading system unless

‘the chronic dollar shortage is attacked at its

root.” As to the “joint and separate action” pledged

by America and the other United Nations signa-

tories, there is little evidence of any. action either present or contemplated in_this country. At the

same timé certain signs indicate that quite apart

from the dollar unbalance, the picture at home

~..is not all roses and rhapsody. } The Federal Reserve Board reported the other

day that consumer credit was at an’ all timerecord high of $18,788,00,000. The total jumped $2.5 billions in 1949, and $£978.000,000 in December alone.

Credit Balloon

WHAT IS disturbing to officidls responsible for fiscal policy is that this is taking place in a

- period of high — virtually full — employment.

There is the suspicion that present levels are being maintained by the expanding credit balloon on the one hand and by hidden government subsidies on the other hand. © An example of the latter is the rapid rise in payments under the GI bill. The benefits are going in considerable part, it is believed] to the unemployed or partially employed. Preparation now for measures that could The. free.world will not long remain free if anvthing like the spreading debacle of 20 years ago gets started.

By Galbraith

checks.

By Talburt

en TEE ta:

the United Statés would have

Hoosier Forum

Cy do not agree with a word that

say, but | will defend to the death your rig right to say it."

ice Deficit’

“Cause of Post Off

_By Jos. H. Styers, Sec. Allied Postal Council.

Mr. Average Citizen thinks his Post Office Department is at fault for the annual deficit hie hears about all the time. Our. local citizens should he made aware of the cause. It is" agreed that the post office could be a

“model” of _governmient in business if left to

run it their way, for there are good men at its head. But everybody else tells the Department what they will pay—not what is just or value received from your stamp money. ~ Fhe- Agriculture Department, the Treasury Department, ‘the Commerce Department, etc., are not expected to be self-sustaining but let

the post office show one cent in the red and

listen to the howl, Benjamin Franklin organized the Post Office Department in 1775 as a service to the people and there is really less reason to criticize a deficit’ there when othér departments have made no attempt to be self-sustaining, yet no howl is ever made on how much they cost. ~ First class letters show a profit except for air mail. But when the Civil Aeronautic Author« ity tells the POD that an air line will receive thousands of dollars even though only a handful of letters are carried, you can understand why air mail loss accounts for $29,000,000.0f the deficit. Penny post cards (3 billion of them) cost 2.6 cents each to be handled at a loss of $48,000,000. Second Class mail is operated at a loss to give the people ‘freedom of the press.” You cdn ease this deficit which is. $153,000,000 if the Department can quit handling -so many newspapers without receiving any postage whate ever. Third and Fourth Class is parcel post operated at a loss on inadequate rates: Cons gress says the rural resident is entitled to his

RT WC

mn city people and rightly so. Rural Frea

Delivery service amount to $109,000,000 of the deficit. If the business was operated on rates to pay only its costs of operation,-the story would be different. But until the Hoover Commission convinces the Congress that this group and that group is= not entitled to special privileges

charged to the Post Office Department, reform

is a-long way off. And not evéryone is cons vinced that rates should be so set as to rule sut services need by the people but everyone is mailing should not be charged as. postal exagreed that “subsidies” and all government {res pense,

‘Weak Leadership’

By “Voice In the Crowd.”

The lady who said that we owe the debt to-

ourselves and could “burn the bonds if we wished” has evidently been ccrrected and has changed her mind on that score. Now if she would think a few, other things over she would do a ‘lot more thinking and a lot less writing. Her last comment that the Democrats were interested in taking care of this generation and

were perfectly willing to let the next genera---

tions take care of itself describes very well what the New Deal-—Fair Deal section of the Democratic party is doing. But they are not Democrats——they are Socialists under the. wrong banner. Some. distinction should be made to classify the Democrats. They are not ail New Dealers and they do not all believe in the destruction of the middle class as it is now heing destroyed, This idea of. living up the country’s wealth and taking care of this generation and letting the next generations take care of itself is closely related to the thinking of a fellow who will destroy a spring after he has satisfied his own thirst and let the next fellow w get along without

_ water.

Very largely because of the weakness of our leadership, each American child that comes into the world is saddled with an $1800 debt. When they have their first cry on entering the world, we should at least give them credit for having something to cry about., Their debt Is high enough and we should forget social experimenstation and go to. work on debt reduction.

If we cannot pass our heritage along intact,.

this generation will have been the most miserable failure in all of history. We will have had the best chance and will have proven ourselves to have been the weakest link in man's long Tight to be free.

re sal BAR

‘Praise For. Capehart’ |

By E. F. Maddox, City

The Republican Party and the sensible peo ple of Indiana should recognize the courageous fight Sen. Homer E. Capehart is making to expose and defeat socialism, Our senior Senator's forthright exposure of some Democrats deserves high praise. It's time for the Republican Party to back Mr. Capehart to the last ditch and use his forthright courage and his oratorical power as a strong bulwark against the well-entrenched socialist schemes. } Brien McMahon was one of those named by Sen. Capehart as one of the Senators “who endorses and supports socialism in England and the world.” He recently proposed that the United

States spend 50 billion dollars to insure peace.

That's about the same figure Henry Wallace proposed to spend for the same purpose, I be-: lieve. Just look who wants to squander our

..nation into bdnkruptcy.and socialism. Let's keep.

Homer Capehart, an Indiana farm boy, in the \/nited States Senate to guard our liberty.

SOCIAL SECURITY . . . By Earl Richert

“Relief Costs Soar

WASHINGTON, sons will receive cash assistance from the federal government during the coming -vear under joint federal-state relief programs, __ according to estimates submitted ta Congress by the Bureau TTS Public “Assistance. = This is a million more than will be drawing Socidl Security

Feb, 17—More than 4.5 Filjion needy pers

MISS HOEY said that” ape

"Since President Truman's announcement that we're gomg to build a hydrogen bomb, there's been a rash of proposals aimed at stavoff an-

war infinitely more terrifying than ever before. All of us believe anotherewar would ruin our civilization and that therefore we must avoid it,

_— a »

toward this

ing . YET the rush other global [Fighte holoc conflict. - frightening holocaust goes on

» » » S EN. McMAHON, C on necticut Democrat, advises a $50 billion woridwide Marshall

without check. It does so because the brake that could halt this headlong race is beyond

our grasp, a solid, genuinely effective peace agreement with Russia. For, if you discount the chance that Germany may

Plan to in- Sen. McMahon rise again, the Soviet Union is clude Russia the only potential aggressor in and her satellites .8en. Tyd- in sight. } . ings, Maryland Democrat, calls dvery single proposal put

for a world disarmament parlev to “end the world's night_mare of fear.”

A number of atomic scien-

tists want the United States to promise to use the projected hydrogen bomb only if first at-

tacked with a similar weapon. -

1500-man Federation -of Scientists proposes

The American

forth these days in thezfiterest of peace depends in the end on winning an honest accord with Moscow, But all the evidence we have—and new discourage--ments are piling up almost dailv—suggests that Russia is totally untréistworthy.

that .a new, nonpartisan com- DESPERATE voices have mission wholly divorced from been. pleading for ‘just one. the United Nations re- examine nfore try” with the Russians. the outlook. for. control of gp; ii ye bluntest statement

atomic bombs. These plans offered hy earnest, . sober-minded men only serve to intensify the anguish of the world's dilemma at this critical moment. The dilemma is this: :

to come from our government in many months, Secretary of

State Dean Achéson has ruled

out any new approach to the

« The prospect of the hydrogen

bomb has made the specter.

Soviet Union on the ground it would be a ‘ukeless effort. There can be no peace with

Russia, he said, until this

GOPR. 9000 BY WEA SERVICE WC. 7. M. REO. U & PAT. OFF.

“| think my job in the department store was more interesting work than this office'routine—there were two fellows thera wha proposed fo me!”

" country and the West make

themseives-so strong that the men in the Kremlin “become convinced peace is the wisest course. For strength and ‘force are

: the only language they Uu.derstand, and any agreement not ” » is without value -

A *~ . to thé world because the Russians will break it when it suits®their political ends. Mr. Acheson has spoken with courage. His words should help to ‘sgt us on a firm course toward the ‘strength

that alone can lead toward - 1 3 > . i y me oF \

It also is 40 per .cent above the number who were aided 10 years ago through the same programs—old-age assistance, aid to the blind and aid to dependent children. ” ” ”

"WHY the tontinual increase in these times of prosperity?” Public assistance officials gay there are 4° number of reasons. Among them are an increase in the number of old persons, liberalized state programs which make more persons eligible, and declining employment . opportunities for the aged. Director Jane Hoey of the Public Assistance Bureau esti- ‘ mated before the House Appropriations Conmmittee that 2,860,000 persons over 65 would be on old-age assistance rolls during the coming year, an increase of 4.8 per cent over 1949, ” ~ ~ THE NUMBER of dependent children to be aided will go up to 1,658,000, an increase of 13 per cent, and the number of blind on relief will go up to “78,500, an- increase of almost 7 per cent, she said. Total the three assistance programs

will be an estimated $2.3 bil- °

lion, of which the federal gov"ernment will pay $1.2 billion. . The federal vost will be. ap“proximately” $100 million more than last year.

“federal-state cost of ’

proval of: the proposed Social Security expansion program would make the old-age.assiste ance and aid -to- dependent children programs less costly within a few years, Countrywide, old-age. re cipients receive an average of $46.26 "a month. Monthly

grants to the blind average $48, and, payments ‘per child average $29.50. n a ”

CALIFORNIA, which has a liberal old-age program and large numbers of persons over 65, receives the largest amount of federal funds, $115 million this year. Over the past 14 vears, California has received aid equal” to total funds received by 23 other states with a case load 1.5 times that of

-California, Miss Hoey said.

At present, 231 out of every ° 1000 persons © years of age - and over are Teceiving. state. federal-old-age relief as against 158 per 1000 who are _ receiving Social ‘Security payments, ” o .

TOPPING . all states on a percentage basis in number of

_ old persons on relief rolls. is

Louisiana, There, 810 out of every 1000 are getting assist. ance, Oklahomas is next, with

*610 out.of every 1000 elderly

persons in the state being on aldiage: assistazice Solis;

Lee

i f {

ASN Fa Rn A

FRIT

L NC

SHAW Notice . is ance with eral Corpo

¢ tion ‘1s abo

Meridian forthwith

L; nish Excin the Amour

BOAF 1

CI LEGAL N Notice 1 hearing w Commissior 1ouowing

4-40-50 Ordinance tne area s Ordinance

Beginning

+ Corporati

BPOLIS, Sal

fala point South Line -beetion;

Nota Tine ction,

West line Section, line of B on and al Avenue an

South line Addition Corporati

approval o known as

5 1 indianapoli -PA-50—

-approval of

northwest thence eas 1th Stree

a oint: arallel to

deflection grees, 59 feet to a

» Wa

* thee ple

file sald pls Ss a nu 0 P.M