cokand
Turn of Little Business
ALLED to Washington from
parts of the country by Secre-
tary of Commerce Daniel C.
some 500 representatives of ‘‘littl
business’
to formulate a
covery program for
submission to Pres-
ident Roosevelt
Roper and his
sistant, Ernest
Draper, took part in
the preliminary dis-
cussions, and since
the President could
not receive all of
them a small com-
mittee was named
to take their pro-
posals to the White House.
According to reports from
capital, the President desires legis-
lation for federal financing of small
industries to stimulate business.
as-
Secretary
Roper
i
i
|
new government agency unless the
struction Finance corporation.
Three chief complaints of
small business men are:
The undivided profits tax has pre-
the
Majority Leader Alben W.
ure,
that the
for
mediately served
senate had made
the bill to
must be displaced promj
legislation.
ee
Miners for Third Term
\ INERS from
United Mine Wi
Washington, presen ght resolu-
tions urging that President R
velt be drafted Jor a
in the White Hc Echoing
description of J Roosevelt by
John L. Lewis as ‘‘the only Presi-
who h given
squ deal,”
term resolutions were
unions from
nouce
impossible
1
i
three states
’
rkers of
ted e
Se
third term
us the
Mr ve
dent as the
people a are
submitted by
Royal, Pa Avella,
Pa., New Salem, Pa., Uniontown,
Ky., Rivesville, W. Va, Everett
ville, W. Va., Scottsdale, Ww. Va.,
and Lochgelly, W. Va
to innumerable de-
I. O. make peace
of L.,
In response
with the A. F.
“rainy day’’ surplus.
has frozen capital
prises.
Monopolistic practices are pre-
successful operations.
rect these alleged abuses.
ie
Big Business Scared Again
nto the A. F. of L.. February 1 and
that units be granted charters.
President Green of the federation,
which was in convention in Miami,
said this was just the same
proposition and would merely trans-
the conflict into the
the federation.
The building trades department
the
ident that industry must
wages up. An
high as 7% points. Commodities
declined in sympathy with stocks.
“If industries reduce wages this
winter and spring,” the President
said at his press conference, “they
will be deliberately encouraging the
withholding of buying—they will
be fostering a downward spiral and
they will make it necessary for their
government to consider other
means of creating purchasing pow-
er.”
Many congressmen, Democrats
as well as Republicans, took issue
with Mr. Roosevelt's logic and eco-
nomics, pointing out that industries
lack the resources to keep wages up
on a falling market because their
funds have been depleted by the un-
distributed profits tax.
In his statement the President
said:
“lI am opposed to wage reduc-
tions because the markets of Amer-
ican industry depend on the pur
chasing power of our working popu-
lation. And if we want to restore
prosperity we must increase, not
decrease, that purchasing power.
“Those in charge of a well man-
aged and solvent industry should no
more consider casting the burden of
a temporary business recession up-
on their workers than upon their
bondholders. To cast such burden
on the bondholders is financial bank-
ruptcy. To cast such burden on its
workers is not only moral bankrupt-
cy, but the bankruptcy of sound
business judgment.”
oa
Lynch Bill Doomed
[fIFTY-ONE senators voted against
a motion to invoke the cloture
rule for the purpose of choking off
the filibuster against thé anti-lynch-
ing bill, and the measure which
the southerners were fighting so
determinedly was thus doomed to
Mailure.
paign to develop on a national basis
a “build America’ plan started by
the Cleveland Building Trades coun-
cil. A committee was named to
with real estate men,
manufacturers,
building materials to promote def-
inite housing projects.
een
Steiwer Resigns
and Portland,
Ore.
last Republican national convention
and has been a steady opponent of
the New Deal.
ase
Jackson Gets Reed's Place
OBERT H. JACKSON, assistant
attorney general, was nomi-
nated by the President to be so-
licitor general of the United States.
He succeeds Stanley Reed, whose
appointment to the Supreme court
was confirmed by the senate. Jack-
son has been much in the headlines
lately because of his speeches at-
tacking business and his avowed
intention to seek the governorship
of New York.
a
Niagara Bridge Falls
HE Falls View bridge at Ni-
agara Falls, from which many
thousands of honeymooners have
looked at the cataract, was crushed
by a terrific ice jam in the river
and fell into the gorge in a great
mass of twisted steel. The bridge
had been closed to traffic a few
hours earlier, so there was no loss
of life.
aos
Jap Slaps American Diplomat
JON ALLISON, third secretary
of the American embassy in
Nanking, was slapped in the face
by a Japanese sentry when he
tried to enter a house occupied by
Japanese troops. Allison's protests
brought an apology from the Jap-
anese officer in command of the unit
involved. An official Japanese an-
nouncement said Allison adopted an
insolent attitude and criticized the
Japanese army.
The Japanese embassy in Shang-
hai ordered all commercial firms
there, regardless of nationality, to
give the Japanese censor copies of
their code books.
"Guilty" Is Oil Verdict
NCLE SAM won the long drawn
out trial of oil concerns and
their executives before Federal
Judge Stone in Madison, Wis. Six-
teen oil companies
operating in 10 Mid-
dle West states and
30 individuals were
found guilty of con-
spiring to violate the
Sherman anti-trust
law. Prominent
among the men con-
victed are Henry M
Dawes of Pure Oil,
E. .G. Seubert of
Standard Oil of Indi-
H. M. Dawes ana. Jacob France
of Mid-Continent Petroleum, I. A.
Shaughnessy of Globe Oil and Re-
fining, Dan Moran of Continental
Oil and Frank Phillips of Phillips
Petroleum.
Formal motion for a new trial was
filed but will not be ruled on for sev-
eral weeks.
The defendants were
entering into a secret ag
purct of oil
pendent at
high prices. These prices wer
GU Bn as the market price to job-
gs. who had signed contracts with
the fuel
(or daily) market price
denied having artifi-
the market and
fully that the
bought distress
gasoline to the independent
refiners fre failure and did so In
accordance with a policy approved
by President Roosevelt and Interior
Secretary Harold L. Ickes.
ana
President's Birthday
RESIDENT ROOSEVELT was
fifty-six years old on Sunday,
January 80 He and Mrs. Roose-
velt to have the birthday
accused of
reement to
inde-
artificially
e then
b
ase from
quantities
cers
» defendants to purchase
snot
» defense
1 n ord
ially influenced
pl eaded
companies
unsuccess
merely
save
nm
dec
dinner t d twen-
u
ty guests
ning before, an
ited, ng them
of the
gold
it gav
(Ir experiences
and
am
“Cuff Link
cuff
e¢ them
links
to
presider
as in the d
stant secre
Mr.
ddress
day
unas i moat ni
[REA Al MIRAL WILSON
, former naval to
the BH § ident and not
years old, has been name d hea
at Annapolis,
D. F. Sellers
aide
yet fifty-six
i d of
naval ac ade my
succeed Admiral
Roosevelt said the army
and navy, at his suggestion, had
ted a policy of assi igning youn ng-
er officers as
military and
rig. Gen. Jay
six, is slated to
West Point in place
WwW. D. Connor, who
ary 28
the
fo
adop
ne aval aci adem
L. Benedi
take comm and at
of Maj. Gen
retires Febru-
ies.
‘
AY ~
_.
AVING heard from many wit
nesses that Harry Bridges was
responsible for maritme labor vio-
the senate commerce come
vittee ordered Secretary of Labor
Perkins to produce all records in
her department concerning the
alien Communist and West Coast
leader. The resolution of
andenberg, adopted unan-
specifically directed
Madame Perkins to report on rec-
of inspectors of
a
King Zog to Marry
ARLY announcement was ex-
pected of the engagement of
King Zog, young bachelor ruler of
Albania, to the beautiful Countess
countess, who is twenty-two years
old, recently resigned her job as
an office girl in the Budapest na-
tional museum. She is a daughter
of the former Gladys Virginia Stew-
art of New York, who was married
in Geneva on July 29, 1914, to Count
Julius Nagy-Apponyi, member of
the old Hungarian families of Ap-
ponyi and Karolyi.
a We
Australia Celebrates
V ITH elaborate ceremonies the
Commonwealth of Australia
began a three months’ celebration
of its one hundred fiftieth birthday
as a white settlement. The first
fetes were in Sydney, where Capt.
Arthur Phillip landed on January
26, 1788, with soldiers and 800 Brit
ish convict settlers. Representing
the United States in the water
pageants were the cruisers Mem-
phis, Trenton and Milwaukee.
Fw,
Fall Kills Congressman
R ERRESENTATIVE EDWARD
A. KENNEY of New Jersey was
killed by a fall from a sixth story
window of a hotel in Washington
where he had attended a party giv-
en by the New Jersey state cham-
ber of commerce. Kenney, who was
first elected to congress in 1932, won
prominence by his persistent ad-
vocacy of a national lottery.
anni
Flying Cadets Needed
ORE aviation cadets are ur
gently wanted by the War de
partment. It announced that 232
unfilled vacancies exist for the
March flying cadet class at the an
corps traning center, Randolp:
field, Texas. Only 112 qualified can
didates thus far have been autho
rized out of the class’ tntal of 344.
yr i i
National Press Bullding
no —
Washington.—The month of Janu-
ary, 1938, has come and it is now
. gone with the
Getting
wind. Dozens of
Nowhere big business men
have been called
oa
would. A man's best friends are
not those who crouch at his feet
with blandishment, flattery and sub-
servience, His real friends are those
who disagree with him when they
with the President on means of solv-
ing the depression problem
dozens have gone away from
White House after those conferences
without any announcement from the
head of the
is to be done.
and much
conv
government as
Much nversa
noise
the form of se
lation was laid onto
not
much
the country,
back, but
ward the end of its
ness, too, got the
in the background.
venture forth
Things began to look up.
was something approximating good
business and it looked as
habit of standing
sense.
the boat struck a snag.
every
pened;
administration refused to admit that
conditions were alarming
just temporary, officials said
will some time if there is anything
left. But the problem is immediate
and January has gone into history,
as did December and November.
It was in this circumstance that the
results of the habit formed in 1933
began to show their worst phases.
Business interests have gone to the
White House to tell their side of the
story, at the President's request,
and nothing has come of those con-
ferences.
. * .
In the criticism of congress, I did
not intend to indict all of the mem-
bership. There are
those who see
their mistakes and
are willing to do
something about them. Unfortunate-
ly, they are in minority. Blind fol-
lowers of the President, generally
speaking, constitute the majority.
So that those who want to take con-
structive action haven't had an op-
portunity.
Lately, 1 heard Worth Clark, a
Democratic member of the house
from Idaho, make a radio speech on
this fact; or rather he touched on
this fact. Mr. Clark is a pretty
hard-boiled Democrat, but he be-
lieves he was elected to represent
his people and not to throw them
down simply because his party lead-
ership wanted to do something else.
In the radio speech that I men-
tioned, Mr. Clark referred to mgis-
takes that had been made in the
last five years and asked: “What is
the remedy?”
“First,” he continued in his an-
swer to that question, “we must
squarely face the problem. We must
realize that we have done some
things wrong. We must retrace our
steps where necessary and start
anew,
“One of the difficulties involved
here is the lack of independence of
thought and courage among us in
congress. The worst injustice that
can be done a great leader is to
blindly follow his every suggestion.
That {requently causes him to make
more mistakes than he otherwise
Some
Exceptions
|
their utmost in support when they
There
gress who f{«
i
are many
as
press nt
I thir
eit must
respons
current
100
i Mr
a Nil
Well, That's
Something
general
d to be,
ands of people
debt When
from wages or other
their instal
became a burden that
on whatever mosey
In the of the
ile fina companies, it
clear that there have been
High pressure salesmen,
cious to get commi ssions, drove
hard to sell cars “and you can pay
in two years.” The companies found
out long ago, however, that the dan-
gers existed and they were trim-
ming their commitments according-
Since these sales are compara-
tively small in ratio to the whole
country’s business, I think the White
House announcement will nét resuit
in immediate restoration of pros-
perity.
then selves into
income
« wan revit A
S5€ Was Trecuceq,
igations
had
first call
case
seems
abuses.
And then its importance is further
minimized by the President's course
in another field, |
namely, housing,
We all recall
housing legislation
Housing
Problem
what was called a
fall
to the President for his signature.
mean.
The heart of the legislation was
a provision to permit the construc
tion or the purchase of small homes
vithout much money as a down
payment. In fact, only 10 per cent
of the total cost of the property is
vate money lenders will finance the
to back the insurance.
in general business.
committee, Mr.
insurance of as much as 90 per cert
of a debt.
“Do you think that that is good
business—to have a man build »
home without any more equity thar
10 per cent?” asked Representative
Houston, Kansas Democrat.
“I don’t think it is good business;
no,” replied Mr. MacDonald.
© Western Newspaper Union.
TIPS fo
| Gardeners
Start Them Indoors
OMATO, cabbage, broccoli,
egg plant and pepper crops
fac tory
indoors
The gardener thus
variety
satis
they are started
seed,
source
before
About eight weeks
to be set in open, sow
\
plants
seeds a
d soil ina
rhly but
Good sur
"oe
2-WAY RELIEF
FOR THE MISERY OF
RELIEVES THROAT
PAIN — RAWNESS
ENTERS BODY
THROUGH
STOMACH AND
INTESTINES
TO EASE PAIN
The speed with which
lets act in relieving ti
symptomsof colds and ac
ing sore throat is t utterly ar
and the treatment 1s simple
and pleasant. This is all you do.
Crush and dissolve three genuine
Bayer Aspirin tablets in ¢ ne-third
glass of water. Then gargle with
this mixture twice, holding your
head well back.
This medicinal gargle
almost like a local anesthetic on
the sore, imitated membrane of
your throat. Pain eases promptly;
rawness is relieved.
You will say it is remarkable.
And the few cents it costs effects
a big saving over expensive “throat
gargles and strong medicines.
when you buy, see that you
get genuine BAYER ASPIRIN.
ayer tab-
will act
Not Deeds Alone
It is not alone what we do, but
Iso what we do not do, for which
THIN, NO APPETITE?
Baltimore, Md. — Mm
Mary E Sachse, 1423 W
Lexington St. says: "1
was thin, underweight,
FF and my appetite was poor
¥ before | used Dr. Pierce's
Golden Medical Discor-
ery, but after using ut 1
could eat more, gained
weight, and felt lke my-
self again” Buy @t
Bguid or tablets at your drug store today
See how much more vigorous you feel after
using this reliable tonic
5-38
Our Vocation
The vocation of every man and
checks
COLDS
FEVEK
THE CHEERFUL CHERVD
In nd at times but
I ot i Te glad
inste
For oll the world is