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About The Omaha guide. (Omaha, Neb.) 1927-19?? | View Entire Issue (Oct. 16, 1937)
COMMENTS EDITORIAL PAGE OPINIONS J THE OMAHA GUIDE Published Every Saturday at 2418-20 Grant. Street, Omaha, Nebraska Phones: W Ebster 1517 or 1618 entered-as Second Class Matter March 15, 1927. at the Postoffice at Omaha, Neb., underAct of Congress of March 3, 1879. * 1 KIMS OF SUBSCRIPTION $2.00 PER YEAR Race prejudice must go. 1 he Fatherhood of God and the lirother **«od o! Man must prevail. I liese are the nnly principles which will «tat,d the arid test of good. All News Copy of Churches and all Organizations must be in our •ffice not later man 6:uu p. m. Monday for current issue. All Adver tising Copy or Paid Articles not later than Wednesday noon, proceed ing date ol' issue, to insure publication. ..EDITORIALS.. f ' Highways Of Tomorrow Compared to the roads of a generation ago, modern high ways are mprvels of excellence. ^ et, in spite of tliis phenomi nal development, today's system is woefully inadequate, as 1-Yank T. Sheets |Miiuts out in an aivicle in Public Safety. “Progressive strides have been taken and must continue jto be lakcn in driver education and in providing safety regu lation for vehicles,” says Mr. Sheetst, “hut the ultimate in traf fic convenience and sajftv.y will not he reached until we actual. lv provide adequa e highways and build gaiety into them. Today's engineers have designed tomorrow’s highways. The magnifieaui road** will include terminal facilities whereby traffic will move to various points with a, minimum of conges tion ; main super highways of many lanetj, with divisions at the center ,o prevent head on collisions, will carry cross conn try treiffie. avoiding congest’d areas enronte; intermediate highways will serve local traffic needs; even the lowest grille of little used roads will ho given some cheap form of hard surfacing; u”terial urban s recta will carry into and through 4-ities and towns that pari of rural main trunk traffic which has business in tin* metropolitan area.. This seems a far off ideal, but not too long ago the auto mobile radio, the airplane and telephone seemed so, too. Tiie cost of developing highways and streets of maximum safety on a, national scale, will be tremenduous—bnt it may be spen over H long period of lime and nform of government expenditure can serve the people hotter. Good highways arc not a cure all for the accident problem—but when we develop our roads to a point where the chance of accidents is reduced l* a minimum. 11 >ng step toward dowering our ghastly an nml toll of dea hs wil he taken. The Abnormal Security Market There is open debate today whether excessive regulation of the New York Slock Exchange lias created such a market that public interest es being endangered. In other words, are normal stock transactions being restrained so largo blocks of stock can no longer bo sold tdVantageously, dup to lack of buyers. James M. Landis, retiring chairman of the SEC, in his goodbye internet* expressed the opinion that odd lot buying cushioned the market. He said, “If we arc looking tor stability in market, it must depend such buying and sell jng.” This statement has (Jrawn pointed criticism from New York papers, the New York Journal of Commerce stating “the SEC’s owtn statistics show all odd lot trading averages only some 15 percent of the turnover. Ilf Harge investors de djde to sell, therefore, the excess of odd Hot buying, small at best, obviously could not be counted upon to stabilise markets. It is aii open secret that large blocks of stock increasingly art being traded privately off the floor of the Exchange because of the very restricted market now available on the Exchange. The New York Herald Tribune says, “As a matter of fact, the weakest and most undependable feature in the market is the odd lot buyer who trades on margin. He is known as the shoe*', ring trader. The New York Times said editorially that while Mr. Lan ■dis pointed out that he was not arguing for the complete elim ination of the speculative operator, but against his dominance of the market, be failed to give an idea of where hefelt'“dom inance begins.” President Gay of the New York Stock Exchange said: “1 pointed otyt recently in my annual report that 1 was fearful that in an effort to cure whatmiiglu he called sporadic evils, undue restrictions are being placed on normal action, thus ero ating abnormal market, (budiitions. 3 can only repeat what I staid in that report.Thin is not said in a mult finding spir it. We of the New York Stock Exchange are in sympathy wi' h the endeavor to promote the public welfare by tho te who are however, grave danger if regulation is carried to til. ’/mint charged with the administration of th • A t of 1934. We see, where tl* essential public service rendered by a broad, liquid market is destroyed.” DELINQUENT SUBSCRIBERS—PLEASE NOTICE The postoffice department does not permit the delivery of papers to delinquent subscribers. If your payments are not up to date, please mail or bring amount due to The Guide office or call WEB1517 for representative: Your cooperation will be Teatly appreciated* Management Economic Review Today the business outlook is curiously mixed. On the unfavor able side, the strike situation grows •teadily more tense, even as indivi dual strikes are growing more bloody and embittered, and trouble* such as those now being exoierenc ed by the independent ste 1 com panies may be felt in other import ant industries before the years end. On top of this, Congress is consider ing or about to consider a number of legislative proposals ranging all the way from a new and more stringent “NRA” to creation of a gigantic, Federally owned super power system —wh'ch are anatho ma to all business leaders. And there is a/good chance that taxes will be materially in reused for lb38. Even so, the strength of the re eovf ry movement—expressed in ising incomes, and »>n rlmost in •■tinble public desire for commodi ties of all kinds—is so great that practically all of the established forecasting serices are bullish. Thus in recent weeks, the Alexander Hamilton service has, “The world is in the boom phase of the busi ness cycle.” Babson believes that ‘gains over a year ago should con tinue to be well maintained.” Brookmire anticipates that “renew ed recovery should follow the sum. mer lull.” Colonel Ayres sees 4 no rason to fear that any serious busi ness recession is impending." Gib son says, “No major decline is in prospect for the summer months.” Poor’s forsees “some recession dur ing the near term," but nothing severe. Summing up opion, United Business Service observes that “pre sent indications point to a moderate letdown in activity over the next few months although business in the aggregate should hold above a year ago.” So far as specific elements in the industrial picture, are, concerned the commentators agree fairly well. Most of them think that bond prices | will bo either stabilized at current j levels, or may go down slightly due j to higher interest rates. Stocks arc J definitely irregular, with the recent trend downward, hut ne ther ma (trial advances nor recessions are anticipated. There will be little vari anee In commodity prices general ly during the next few months, with a possible rise, coming in the fall. Summer trade in all lines, sea sonul factors considered, will l>ei good, and better than in 1P36- For eign trade should start upward, but it will bo a long time before pro depression levels arc again reached A war in Europe would revolution ize the outlook in this field, but but few believe that any of the ma jor powers are sufficiently confident to risk a war as yet—they are simply bluffing and stalling. For most industries, the earnings outlook is good—though nowhere nar s good as production outlook. Some of ti# largest industries—of which the railroads are a case in point—are doing a greatly increas ed volume of business with extreme ly small increases in earnings, due to higher taxes, higher wages, etc. However, practically all industry has emerged from the “deficit per iod” and is at least in the black ink. The impending cleavage of the Democratic party, discussed some weeks ago in this column, is becom ing an actuality. It is tending to obscure all other political news of the moment. The Supreme Court bill, in the view of most political experts, is dr finitely dead. It may not even coma to a vote in the Senate. If i' does come to a vote, these experts think it will be beaten by a margin of five or six votes. It is an open secret that Vee President Garner’s departure from Washington for a vacation.an u» oroeedentod action in an important legislative session—is due to major disagreements between him and tho President. This seriously weak ens Mr. Roosevelt’s legislative ma chine in the Senate -Mr. Garner lots been extemely efficient in get 11ng legislation through, and swing ing recalcitrants into line. Whatever your opinion on these matters, these are the facts of the case. Never was the political out lok more confused, or more diffi cult to forecast. Almost anything can happen. | Calvin s Digest | 0 By Floyd J. Calvin jj | Press Unity While Mr. Justice Black is niak. ; ing up his mind on just how and where he will answer the Klan charges, we would like to call at. tention to the unity of the Negro press on this burning public issue. At a time in recent history has the organ of a minority group demon, strated greater solidarity than has the mouth piece of the Negro group in this instance. Athough a few of our leaders were caught “out on a limb” in the Black case, not one was a bona fide journalist. All of our editors, whether Republi. can or Democrat, whether pro.New Deal or anti New Deal, whether staunch supporters cf the Presi dent or silently and patiently awaiting a chance to criticize—all struck with equal force and fervor in behalf of the public interest and human rights on the Black issue. This should be a lesson to some of our leaders in other fields, who are prone to smile benevolently and pa. ternalistically when the press seeks its rightful place in the sun of ra. i eial leadership. Because most of j our editors are comparatively poor persons, and do not command huge sums of money which can lie un disturbed until certain dates for expenditure arrive, they are rated a littl lower than the more privi leged racial angels. But when it comes to standing up for the public interest, and not compromising for the sake of what might happen to to the fortunes of the individual, no more brave group—as poor as hey are—can he found than the Negro editors. Whatever Mr. Black says, or however the issue is met at the White House, you can count on the Negro press to shoot straight, and with telling effect, in this or any other instance where the public weal is concrned. Porters’ Victory Wo join heartily in the chorus of praiso now going up to A. Phil, lip Randolph and the Brotherhood of Sleeping Car Porters, for the endurance that brought victory in the form of a $1,250,000 annual | v ago increase after a twelve year I battle with the Pullman Company. i We like especially a sentence in an •ditorial in the nte.rracial Review, vhich reads: ‘‘ We congratulate the Porters and set them forth as an example to other unions of moral integrity, perservance, and intel. ligerce.” It happens that the writer knows just how tensely that sentence sums up the life work of A. Phillip Randolph. Once upon a time we worked under Mr. Randolph and the energy and fortitude as well as the earnestness and diligence of the man was our lasting impression of him. Ho utterly spared himself not for the cause. He gave and gave, and gave until he had given all. There were those who thought, because of what he put into the work, that he would never live to see this day of victory. But he was spared to win. If there are any doubts about v.ho is heir to the true courage and self sacrifice of the old time leaders of the group, take a look at Randolph. There is a man who struggled for a cause, and not for self. There is a man who really had at heart the. interest of those whom he served. There is a man who suffered many personal indig, nities, but who overlooked all, for the sake of the end he sought. So many of our leaders fall by the way side are lost in by paths and dead ends, because they do not, or will not overlook minor things for the sake of attaining large ends. Rudolph’s place in history is secure. Professional Help We see from Dr. C. C. Spauld- j ing’s first statement as head of the National Negro Business Lea. guo that he hopes to get the coop, ration of professional men in the community to aid Negro business. A worthy objective, but one fraught with many difficulties. Some years ago Dt. Carter G. Woodson wrote a book on “The Negro Professional Man and the Community.” Dr. Woodson’s later book, “The Mis.Educatioti of the Negro,” might better explain the first, for our professional class is our best educated class. The truth is, our professional class, on the whole, views our lesser lights as guinea pigs—something to bo experimented on, or exploited. It is hard to get the average pro. fessional man down to earth when he comes in contact with his ‘‘pa. tiets” or his 'clients' on a basis of equality. In order to cooperate, we ’ must start with the assumption j that all are equal. Where is the ! professional man who is big enough to humble himself to where he can work with, and not on the little fellow? Of course this is not said to*d:s_ courage Dr. Spaulding, hut rather to try to set the professional class I to thinking in a direction in which j there is ulmate profit for nil, as | well as for themselves. And it is hoped that the professional man will se that to gain this greater profit for himself, he must work with the group. It is the true appli. 1 cation of the seemingly contradic. , tr.ry rule, that the longest way is ! the shortest. --o Etta Moten Going To Memphis, Tenn. Memphis, Oct. 14 (C)—Miss Etta Moten of Chicago, concert artist, i will appear at the Booker Wash. I ington high school Monday even, ing, October 18. Miss Moten won motion picture fame in the movie “Fying down to Rio.” Standouts 'I • ACm.PLAYWRIGHT,COMPOSER,MUSICIAN y ARRANGER-* brother of T HE NAIlOWl LY rAMOll JAMES WElDON JOHNSON *Ws A STAR |N THE . ORIGINAL COtE AND JOHNSON SHOWS, / ( /m /i mmm x ' - TON 41 swim.PIANIST with the ANDT I., . ORCHESTRA L i\ tjREAl AUDIENCE FYtASER fj 1 ( SONG WRITER AND POET ft VVHOSFVuRtSlOPHER COIUMQUS" fe| WAS Is AT E D AMERICAS NOMPFRONf sWINs, TUNE.*HIS,ANCESTORS FEljONa0\ TO THE MAMOASCAN IsOYAE FA MU T ' 193T ISTErillATICKAL NSORO PRESS 7/Of FARM SECURITY I The Resettlement Administration sung* its “swan song’’ last week. In its place came announcement from Washington that in the future the program for farmers who had exhausted all other credit resources would be carried on by a new agen c.v—the. Farm Security Administra tion. Tho new rural program, created under the Bankhead and Jonea Farm Tenant Act, is administered under tho Department of Agrieul ture and will emphasize rehab lita tion loans to farrnrs and the begin ning of a ten year program to aid tenant farmers to become owner operators. Cal A. Ward is Regional FSA Director in North and South Dakota, Nelraska ard Kansas. “Rural rehabilitat'on work, in eluding farm debt adjustment, com munity and cooperative serv'ces. drought aid, and rural resettlement, as well as present regional and field personnel, will be taken over by the new administration,” Ward said. ‘The value of rehabli'at on through standard farm loans has been definitely proved in the past two years. Hundreds of farmers would otherwise have faced bank runtcy and forclosure have repaid their loans before, due. Start‘ng from scratch these farmers are v*orking back to a self sustaining, independent basis.” Purchase of land for tenant far mers will proceed on a very small scale this year, Ward said. ‘‘Only ten million dollars was appropriat ed for* this purpose for the entire United States the first year,” he explained. “Naturally funds avail a' le for this legion will be only a small percentage of that amount. In selection of both land and ten ant we expect to work very closely with local committees and proceed carefully at all times formulating a pattern on which to eariy out 'be program in the years to come.” Construction of community type s*"Clements, featured under Reset tloment, will play only a nvnor part in the new program in the northern Great Plains. Where land 1 as been acquired and construction acted such projects will be com lnted but to new projects will be in and the genral program will lean more and more to that of re hab !:'r tion rf the individual far mers. Another change in the former " a program was ordered by the Stcre'ary of Agriculture when he transferred certain phases of the 1 and Utilization progr n, toget her with a submarginal land pur chase program under the Tenant Act, to the Bureau of Agricultural Economics. --n_ This Week in Thought and Religion By Robert L. Moody Earnestly Contending for the Faith The second lesson in Christian life deals with the "Christian in God’s Keeping Being ‘Kept’ has a two fold nature. First, there is the human or individual part. Having believed and accepted joint heirship with Christ by new birth, we must grow “Common salvation but many heretic, skeptics and false pro pliets have arisen! So in order to keep our Sonship, we must ‘earn. ; estly contend for the faith,’ which was one delivered unto the saints.” Note that no room is left for every man to have his own belief. Some misrepresent the Bible and say. "Every man is saved by his j belief.” This is not so and no verse in the Bible says this "There is one Lord., one faith, one way, , one church and one salvation; then going to Heaven is no*t like going to Chicago, that is, many roads going to one place. The Master said, "I am the way.” The. adject, ive “the” is very definite. The Christian is "kept” (1) by his belief in the truth, (2) his per. sonal relationship o1- experience with God and (3) by !iie Godly life that he lives dai'y. Having done all of this he has finisher his tasks. God, then does for him what he can’t, do for himself. God is able to keep him from falling and pro. rent him faultless (blameless). This we cannot do for ourselves but we lave the asjiirniiee that if we do our part, “He is able.” Our next meditation will be: ‘ Christian Speech and Conduct.” M-morize this: ‘‘Be not deceived: Evil communications corrupt good manners.” I Cor 15:33, and "Let no corrupt communications proceed out of your mouth.” Ephesians 4:29. British Lifeline Endangered By DR. LYMAN H. HARRIS, Associate Professoi of History, University of Omsha. England’s obvious sympathy for General Franco in 3p<«in and Prime Minister Chamberlain's obscene flirtations with Mussolini puzzle the American observer. Great Britain is a small island )f 1)4,284 square niles, densely populated (about 300 to the square nile as compar 'd with 3b in the !nitea States), tot tor abuud ntly supplied • ith ,’pw mater Dr. Lymar H. Harm ,a*s» and able only in small part to feed her peo ple with food produce^ at home. Dependent on Strategy Yet this small island is the world’' financial, banning, and in surance capital an'* one of the greatest industrial nations. In spite of her disadvan'ages, Great Britain is a great power largely because she has stra.epically lo cated colonies and dependencies scattmed over the world and a powerful navy with which to Keep open the channels ol communica lion. “Lifeline” Is Vital Thus England obtains food here, wool and cotton there, rubber and ii somewhere eke. Britain must keep open the lines of communica tion to the source oi supply. Of vital importance is the line which passes through the Mediter ranean to India, the Malay States, China, and Australasia. Germany could threaten this line from the North Sea. Britain must maintain friendly relations wifh France and Portugal to protect P; she is ex tremely unwilling, therefore, to have an unfriendly power gain a foothold in the Azores and Canary Islands. Egypt Puppet State Britain controls both ends of the Mediterranean secioi with bases at Gibraltar ant- Suez; there is a half-way house at Malta and in the eastern Mediterranean Britain holds C^pru:, ana Haifa in Pale stine. Egypt Is really a British puppet kingdom. Britain also has the strong base of Akaba at the southern entrance to the Suez Ca nal and Aden a- the southern en trance to the Red Sea. Mediterranean Situation Unstable The Mediterranean route is a great convenience to Britain but in time of war it might he turned into a death trap Submarines and bombing planes could render it ab solutely untenable for British ship ping. Italy has a “gate" across this route in the island of Pantel leria (midway between Sicily and Africa) and doubtless could close it. England will be further threat ened if Italy and Germany gain permanent footholds in Spain and the Balearic Islanas. In case of war with a Mediteran ean power Britain would probably abandon this route and divert traf fic oy the Cape of Good Hope; a new naval base is under construc tion at Cape Town. In the Indian Ocean England har numerous bases and enemy submarines would not be able to operate, while at Singa pore Britain is completing a $45, 000,000 naval and air base. The Mediterranean lifeline is not indispensable. 1= =□ Here is twelve-year-old Miriam Flynn hard at work gathering "Irish moss" from the sea near her home at Scituate, Mass. Young Miriam has brought an old world industry to modern New England and It making money at it. She gathers moss each day from sea-swept rocks off the coast and hopes to earn enough for a college education.