TWO
THE DAILY NEBRASKAN
WEDNESDAY, APRIL 17, 1935.
Daily Nebraskan
Station A, Linooln. Nebraska.
OFFICIAL STUDENT PUBLICATION
UNIVERSITY OF NEBRASKA
Thla paper la represented for general advertising by
Nebraska Praaa Association.
gXagocUterl ffoUcointfttgig
-ess I'M (tiiSlXpi-ma) if H -
the
Entered as eeeond-claee matter at the postofflcti In
Lincoln, Nebraska, under act of congress. March S. 187V
and at special rata of pottage provided for In section
liul. act of October a. 1B17. authorized January TO, 1921
EDITORIAL STAFF
kamolne Dlble Edltor.ln. Chief
Jack Fischer Associate Editor
MANAGING EDITORS
Irwin Ryan Virginia Sslleck
NEWS EDITORS
Fred Nlcklaa Arnold Levlm
Sancha Kilbourne Oeorga Plpal
Marylu Petersen Woman'a Editor
Dorthea Fulton Society Editor
BUSINESS STAFF
Menard1 Schmidt Business Manager
ASSISTANT BUSINESS MANAGERS
Truman Oberndorff Bob Shelienberg Robert Funk
Purely for
Discussion.
pklNTED in the editorial column today is a state
ment of the principles and proposed program of
the Farmer-Labor party. This is the second in a
eries of articles prepared by the leaders of the
major political parties.
In order to forestall any misunderstandings at
the outset, the Daily Nebraskan wishes to deny that
merely because of publication of this article, it is
necessarily advocating the Farmer-Labor cause. On
tho contrary, It agrees with only one statement
that youth must unite. But once united there are
much better paths to follow toward an Improved
political, economic, and social setup than the one
proposed by Mr. Harrop.
A saner outlook on the economic and social
picture was taken Tuesday by Dr. William H. Kiek
hofer of the University of Wisconsin, speaking be
fore the university Honors convocation. Dr. Kiek
hofer's political affiliations are unknown, but they
certainly do not favor the socialistic Utopia as pic
tured by the Farmer-Labor party.
Much of Mr. Harrop's criticism of the present
economic setup is - centered around our system of
credit, which he declares is In the hands of nasty
International bankers. But it is almost impossible
to conjecture as to how business would be earned
sn if it were not for this extensive credit system.
Destroy the capitalistic system, says the
Farmer-Labor party. Prime the engine of private
enterprise and rejuvenate the system, says Dr.
Klekhofer and good common sense.
Perhaps there are those who disagree with the
Daily Nebraskan and agree with Mr. Harrop. Or
perhaps there are those that will take exception to
succeeding articles. Written comments from stu
dents or faculty members is welcomed and if space
permits such letters will be printed in the Student
Pulse.
Editor's Note: This is the second in a scries
of articles dealing with the; programs of the major
political parties and their relations with the col
leg youth of oday, written especially for the
Dally Nebraskan and the Associated Collegiate
Press. A week from today the Daily Nebraskan
will present an outline of the plans of the Repub
lican party written by the Hon. Henry P. Fletcher,
national chairman of that party.
Politics, Parties
And
Platforms
The FarmerLabor Party
BY ROY M. HARROP.
(Chairman, Farmer-Labor Party)
THERE are many indications today that the
American collegiate youth are becoming more
acutely aware of the desperateness of the situation
that confronts them and that only a united action
on their part will save them.
To become a graduate from the schools or col
leges of today, places the graduate in a sad position,
one where be is mere to be pitied than to be con
gratulated upon having a college diploma for the
reason that it does not require an education to fit
into the ranks of the laborers who are now em
ployed. The college youth is brought face to face today
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FREY & FREY FLORISTS
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FRIDAY, APRIL 19th
Harlem's Aristocrat of Jazz
JIMMY DINWIDDIE
AND HIS COTTON CLUB ORCHESTRA
12 COLORED ARTISTS FEATURING
GERTRUDE CALLOWAY
425 Per Person
Oa account ef tfta eoet of the orchestras for Friday
m are compel lad to charge 40a per person.
SATURDAY, APRIL 2Cth
CY HEINTZ
and His Cum pus Orchestra
Zz Per Person
Call DI2C3 for free table reservations
to economic life that, according to his teachings, is
based upon an economic delusion a lie and a snare,
for, having acquired his education, he finds himself
in a world of unemployed and with no hopes under
c P'c""'1- puuutiu ana economic setup ouisiae or
the forces combined in the Farmer-Labor party, the
Socialist party, the Progressive group of Wisconsin,
the Liberty party and the Technlcratlc groups,
which have a substantial following and who propose
to provide a new political party which will be
United Peoples party.
All of these groups, striving much for the same
ultimate goal, each having its own pet solution, each
battling against a common enemy, only add to the
confusion of the movement of protest
Unity is essential if the battle against poverty,
insecurity, and a system which fosters them, is to
be won. The American collegiate youth, represent
ing its common interests, must help to win back
political power over this country, which has denied
to them economic freedom and an opportunity to
apply the education they have acquired.
The time has come when the youth of this na
tion must be told the whole truth. They can either
face the facts, through a fight at the ballot box for
their economic freedom, and the right to live as
free men, or they can refuse or neglect to face the
issue and suffer economic slavery for themselvos
and their posterity.
Our present day economic life is based upon a
false economic plan. That is, namely, that the issue
of money must be controlled by private 'individuals,
they to be allowed the power to set up a standard
of value contrary to the constitution of the United
States, which says that congress must issue the
money and create the value thereof, and for foreign
coins, and establish a uniform standard of weights
and measures.
Our present banking and credit currency sys
tem, owned and controlled by the International
bankers, has given to the people of the United
States a Federal Reserve Bank System which they
own and by using a 3 percent cash basis they have
circulated 97 percent bank credit, represented by
check money, being a counterfeit and substitute for
lawful money and based on this foreign scheme, and
engineered through legislation instituted, guided,
and manipulated by Wall street bankers,, and con
trary to the Constitution of the United State.
Today we find the American people living in a
debtor's prison, enslaved to the shackles of credit,
and until these shackles are removed from Ameri
can industry and agriculture there can never be a
settlement of the unemployment question, which
dominate and rob the peoples of their economic
rights to live.
The climax of this national crisis is close at
hand. Its present phases are economic depressions,
unemployment, starvation, foreclosures and dispos
session, bankruptcies of individuals, firms, corpora
tions, cities, states and nations. Lawlessness and
disorder continue throughout the land.
Neither the Republican or Democratic party,
nor Franklin Delano Roosevelt, president of the
United States, offer any plan or remedy of the sitU'
ation in the economic field. Bankers and men have
made gold their God and with millions of dollars in
gold locked up in the United States Treasury, used
as a basis of debt to further enslave the people, this
Golden God has foresaken them because it is a de
lusion. It's a snare through which the net of the
international bankers has drawn all men and na
tions into its coils. It offers no hope because its
plan is to further the people in debt a debt which
can never be paid with the gold in their possession,
Its chains are already strangling the race physically
and spiritually into submission through starvation
and misery resulting from plans to accomplish world
financial rulershrp and ownership of mankind on
earth as economic slaves.
The Farmer-Labor party endeavors to meet this
economic principle and political issue in that battle
of ballots which in 193d will make money and
credit the servant and not the master, of mankind.
Capitalism faces a crisis whether or not this
2 to be the final crisis depends upon whether or not
Its palsied control of power is resolutely challenged.
Capitalism will not be destroyed by merely wishing
for its end. Regardless of its mistakes, injustices,
weaknesses, capitalism will cease to exist only when
the workers of hand and brain, from the schools and
colleges, from the farms and the factories, and the
offices, recognize their common interest and unite
and seize power to hold it,
Production for profit with its concomitant ee
ments of greed, exploitation and cut-throat competi
tion is the cornerstone of the capitalistic arch. That
is why the problem of distribution under mass pro
duction can never be solved with equity and justice
by a capitalistic controlled society. That U why
capitalism must be destroyed; that is why it must
Gaines Speaks to N. E. C.
N. E. C met Tuesday evening
in Poom 205 of the Temple. Prof.
N. W. Gaines, state extension
sigent in community organization,
spoke to the members present
JPep on
THE Air
COLLEGE PROM
B6923
DoVt mlae Reus Ettls rkc
site sings at the "pro as" next
week. Doa't solas vonr chance
daace wkea Red Nichols plays
hot msisic. Kellotg' College
Pram pays respects le a differ
ent eajnpms et Friday night.
All the thrills and anerriment of
a happy party. Plea excitement
from the sports world. Be sore
to taae in!
T.very Frl. night
:.10
EaM?ra QMS' to1 Teas
WJS XmlffhX. m. C.
oa inevitably superceded by some form of a co
operative society based, as the Technocrats say, on
production for use and not for profit.
It is utterly insane to continue to live In a con
dition of economic anarchy when the application of
modern technology, through a cooperative society,
will bring us out of chaos and provide plenty and
security for all.
It is little understood that under the system of
production for profits, every dollar invested (that
is not used In the direct consumption of goods) rep
resents a debt claim against society. When you
buy a thousand dollar bond Instead of a motor car,
you are buying a debt claim that society owes you
and you must pay you on the date due. The more
prosperous we are, the more we invest and the
greater becomes the public and private debt.
The public and private debt of the United States
today is estimated at between 260 and 300 billions
of dollars. The total debt burden (debt payments
of interest, amortization and maturing payments on
principal) represents over 25 billion dollars, in 1932,
which was more than 50 percent of our national
Income for that year.
Thus humanity struggles on bowed down by
an ever-increasing load of debt.
The farmer-labor party proposes:
1. Banking, currency, gold standard and
economic balance.
This permits the government of the United
States to issue money, as authorized by the con
stitution of the United States and takes away
from the international bank the right to control
the money and credit of this country and fur
ther enslave the American people. It permits the
payment of international debts. It authorizes the
establishment of postal savings banks in each
postoffice to accept deposits and permit check
ing accounts without limiting amounts. It guar
antees to the farmer the cost of production plus
a reasonable profit as a return upon his Invest
ment. It permits public works measures, local
Improvements and redemption of all outstanding
bond issues, and the final wiping out of all debt
2. Unemployment, veterans bonus, debtors
and other relief.
It would adopt measures to permit the em
ployment of every ablebodled citizen in the United
States, thus affording an opportunity for the
collegiate youth to secure employment upon the
American standard and our aim is to so de
velop projects of public works, and local im
provements that would permit every family to
earn at least $5,000 per year and provide a home
of at least $10,000 in value, which would be free
from all taxation.
3. Public and private ownership.
We propose measures to accomplish the fol
lowing: 1. Government ownership of railroads and
other means of transportation, telegraph, tele
phone, cable lines and radio facilities.
2. Other utilities, including power, light, heat
and water to be owned by local or state authori
ties or where necessary by the federal govern
ment. 4. Labor.
Public works and a six-hour day and a mini
mum wage of $2.50 per hour, and a five-day week,
to be paid in full legal tender currency issued by
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congress. Reduce working hours, establish a re
duced number of working hours per day in private
industry in order to reduce unemployment. Abol
ish exploitation of convict labor. Stop yellow
dog contracts by making them unenforcable in
federal and state courts. Prohibit by law Injunc
tions In labor disputes.
5. Taxation.
Abolish all taxation except on unearned in
comes in excess of $10,000 per year. Impose an
excess profit tax on all business profits on monop
olistic enterprises. Make It impossible for any
person to have an Income of more than $500,000
per year.
6. Amendments to constitution.
Amend the constitution of the United States.
1. By the abolition of the electoral college.
Decide presidential elections by popular vote.
2. . Abolish all district federal judges and
deny the supreme court power to declare acts of
congress unconstitutional and take away from the
president of the United States the power to veto
measures passed by congress.
3. Provide an initiative and referendum and
recall on any subject.
The above program should appeal to the col
lege youth of America because they are students
of political economy.
In the spirit of free men, our fathers voted
against tyranny of the mother country; fought a
civil war to prevent human slavery and for a cen
tury and a half have endured the hardships of a
pioneering existence that we might enjoy the bless
ings of life, liberty and pursuit of happiness and
today we find, in this twentieth century, that the
republican and democratic parties have denied us
our heritage; denied us our birthright; made a
mockery of our traditions; and denied to the Amer
ican collegiate youth, and other American citizens,
the right to work and earn a living, the right of
an equality of opportunity, the right to a just share
of social wealth all rights our forefathers fought
for, and established as the inalienable right of man
kind, we have lost.
To not establish a third party with a new eco
nomic deal for 1935 would be to permit ourselves
to be enslaved by an oligarchy of wealth. Let us
regain our birthright in a second declaration for
American independence. Let us throw off the
tyrant's yoke. Let a new society be born with
out travail of violence and bloodshed. Let us give
to this nation a rebirth by the same resolute and
bold action that George Washington gave to the
people in 1776.
Let our slogan be coined to unite the people
United We Stand Divided We Fall. It is as preg
nant with meaning to us in 1935 as It was to our
forefathers in 1776. I
We invite the American collegiate youth to
help us nail it to our masthead as a reminder that
we, in America, have a government free from debt
of the people, by the people, "and for the people,
and not for the international bankers.
A wrestler is given more space in the news
paper than any musician, according to a speaker
at the music teachers convention. Oh, heck! After
that nice editorial The Dally Nebraskan ran Thurs
day.
"I'M NOT ONE of those 'natural born students' yon
hear bout,'' say Caper Smith. "I have to buckle down
and study to get results. When I'm not bitting the books,
I work is the college bookstore from 12 to 4 every day.
It's easy to sec how full my time is! When I feel tired
or 'logy,' I know that I'm Bearing the end of my energy.
Then I always smoke a CaincL It revives me restores my
energy. And each Camel that follows seems to be even
more chock-full of that mellow, rich flavor! I smoke
Camels steadily. They never tire my taste. And Camels
oerrmakemy nerve jumpy." (Slgnee) CAPCJIS SMITH. 1
ingraum- ?isn.nr
ywnfeu'wjiai no iii mi iiii..uaanuni -y; -ry wr fyfm ;JMsS,i! " 1 ''"Ml
UyyX h'l ! A
Hi artL
LINCOLN ATTORNEY
DISCUSSES WORLD
COURT PROCEDURE
(Continued from Pax X.i
stituto is to be held at Grlnnell
college from June 12 to 22, and
one representative will be sent by
the organization.
The institute is an opportunity
to know in a friendly, democratic
way, a group of outstanding au
thorities on international relations,
together with people from the mid-
die west who are interested in pro
moting international goodwill. The
lectures are designed to srive in
formation, to stimulate discussion
and to seek methods of solving
problems in this field. It is ar
ranged by the American Friends
Service Committee and the Con'
gregational Christian Council for
Social Action.
RUYMILK
Many Authorities to Speak,
Faculty speakers at the confer
ence will be George H. Blakeslee,
professor of history and interna
tional relations at Clark univer
sity, Sidney B. Fay, professor of
history at Harvard university;
Paul Harris, jr., director of Youth
Movement for World Recovery,
Hubert C. Herring, secretary of
the Council for Social Action in the
Congregational church, Frederick
J. Libby, executive secretary of the
National Council for Prevention of
War, Kirby Page, former editor of
IX
asm am La eaVaaaa
"ID A NCWSFArai WOMAN.
It'a absorbing work but I hare
to put in long, irregular hours.
When I'm feeling let down, I
smoke a Camel to restore my en
ergy and Interest. Camels are a
moot her emofca. toe. They do
taste better." 'Hgatd)
MARGAJtrr E. NICHOLS
'" ' "vmr.
-rrs a masd, aenvc m-
bndgtng the Colden Cete whli
the longest single spaa ever bu'tt.
When I'm wora out. I tight -jp a
Camel. It quickly relievee :e of
tiredneea. I smoke steadily hsre
for rears. Camels never upset
my nerves."
4
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(Signed) K, C CONE, Ea
1
11 1
The World Tomorrow, and now as
sociate editor of the Christian
Century, Bertram Plckard, of Eng
land, Geneva Representative of
Starmer newspapers in England.
and Ernest Fremont Tittle, min
ister of the First Methodist church
lil Evanston, 111.
Prof. Weseen Speaks at
Business Men's Dinner
Prof. Maurice H. Weseen, in
structor in business english, ex
plained new types of business and
collection letters at a dinner of the
Lincoln Association of Credit Men
at the Cornhusker hotel Monday
evening. About forty members
were present.
byname
, Always AH
I
a
i
IGOLD CLUB
Ms osenme? ivsmi9b mm m a smm!
1
and M Sis.
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