The Omaha guide. (Omaha, Neb.) 1927-19??, October 16, 1937, Page SIX, Image 6

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    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.”
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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.