13
Ships Privately
Owned Urged as
Key to Problem
3,317 Slrel VtwI. Plying
Sea in 1920 ISiinilifr
Drop to 117 in
May. 1922.
By A. D. LASKER.
ArtlcU 4.
Tli complrtion of the govern
ment's shipbuilding program found it
with the following lied:
Mstus of I'mtrd State shipping
board fleet at delivery of last ves
sel, May 13. I'i2:
No It. W. T.
'Mnr ami cargo 1 ix.lll
, ,rf .: I.TtMl
TaaUr
t.(ri.rlof I II. W!
tut M
T01.lt . 1.411 ia.lsl.IIO
Wun4
No. It. W. T.
-ri M 171.141
Tuss tS ........
Toi.U 71.41
i.'onrr.t.
No. II. W. T.
ir,o
Tsnk.r J
Totals S3.JS1
Through the agency of the Emer
gency r Icet corporation, (whose
' ttock it owned by the Shipping
board, representing the national gov
ernment) the ships originally intend
ed for war purposes were, at the con
; elusion of the war, under mandate
of congress, immediately put into
operation by and under the govern
ment, to meet America's peace time
needs. J
At the height or its operations,
', October, 1920, the shipping board had
; 1,317 steel ships plying between our
shores and those of foreign markets.
: With the decline whicti has come in
THK DKU: OMAHA. WEDNESDAY, JUNK 7. 1922.
JACK HOLT
BEBE DANIELS
la aa Outdoor Clastic
North the Rio Grande
The moat beautiful and ar
ticle acanie avar acraaned.
MY COUNTRY
BEN TURPIN
in
"STEP FORWARD"
Continuous Dally Starting at t P. M.
A Satisfying Show of
SIX STELLAR
VAUDEVILLE ACTS
Be! a Pleating Photoplay
NEXT SATURDAY
"June Jubilee"
Headed by
WILLARD MACK
Himself, is Hia Success,
"KICK IN"
The Object
OF INVESTING ia frequently to
obtain a regular income from
aurplua funds.
THE JtEAL INVESTOR makea cer
tain hia capital ia safe and then
endeavors to secure the highest
possible tat contingent on that
security.
INVEST TODAY where your money
will earn 6. dividends quar
terly, with first mortgages on
homes aa security.
ASSETS ..... $9,556,000
RESERVE .... 406,700
BUILDING "LOAN
ASSOCIATION
Ilia AND HARNEY 33 YEARS IN OMAHA
Say Ben Gay at any drag tote and
you will get a tube of the original
Francis Baume Bengud (AaalgaV
siquc),theo. apply as follows: First
oak the feet in hot water wipe
dry and rob the entire surface
thoroughly with Baume. Keep a
tuba handy for rheumatic pains.
THOS. UEXflNO ft CO. NEW YORK
v , ADVERTISEMENT.
? THE 1XBEPENDENT WOMAN
', is one of the brightest jewels which
adorns our modern, economic sys
C tern. But too often this independence
is gained at the cost of health, and
the wage-earning woman struggles
2; through ber duties, a prey to nerv-
ousness,' backache and despondency.
Does not her independence then be
t come more of a burden than a joy?
r Ljdia E. Pinkhara's Vegetable Com-
pound has helped many such women
'" to regain their zest in life and will
help many more
i world trade we aie now tMv Hi
operating 447 atcvl ships, of a loul of
.1, '.7J.01 4 dradweiiitit tons, and have
v.U steel ships, ol a total uf 0,4:,JlO
tons, tied up.
l or the purposes of the future, in
surveying the government's fleet, we
may eliminate the wooden ships, the
creation of which, to my mind, wA a
colossal error that even war cannot
forgive. Certainly the then admicis
trillion had ample warning through
lien. Oocthals of the tragedy of waste
the wooden ship program entailed.
The wooden ship program to date
cost over f JUO.UOO.OUO, with unliquid
ated claims still to be adjudicated,
and nude practically no contribution
to either war or peace carriage. They
rightly deserve the ridicule which has
been heaped on them.
Thus, the government's problem of
temporary operation and ultimate dis
position is involved in the 1.430 steel
ships which it possesses.
Hard Competition Abroad.
When shipping board operation
were at their height American ves
sels carried 45 per cent of the value
of our in-and-out foreign com
merce. Today with business de
pressed, we are carrying but 35 per
rent; this is due largely to the fact
that in tiroes of sore depression the
nations with either or both old es
tablished lines and lower standards
of living make it hard for us to
compete.
However, the 447 steel ships the
government is operating today are
covering practically every trade route
in the world, insuring constant ac
cess to the markets available for the
products of America.
Immediately after the close of the
j war lud 4e imt ptred the gov
ernment !- there is no doubt that
Irtik-Ms woulil have niel cveu
higher than they did; and today were
Anient s government owneq ton
natie withdrawn from the seas our
traders would pay increased tolls to
foreign owners. So we must re
member that while the operation of
the fleet it costing us millions, it is
saving us millions in freights and in
suring us continuous relations with
our customers.
What Board Costa Today.
The Shipping board including ad
ministrative expense,' cost of tieup
and maintenance of its unused fleet,
and the operation of over 400 ships
it being run at a casit outlay to tne
treasury approximating $50,000,000
annually. This does not take into ac
count the cost of the ships and con
sequent capital charges,
It it true that overhead would not
be greatly increased if the operation
of more ships were needed to take
care of America's trade. But my ex
perience at chairman of the Shipping
board has caused me to realize, as I
never realized before, that govern.
ment operation it at poiton ivy in
the garden of industry.-
Throueh check and balances re
quired under government ownership,
I initiative on the part ol tmloyr i,
in large uua.utr, killed or foi bidden.
J hat inspiration wlm.li comes
through pi out and the building (or
one' sell (or the future is utterly
lacking. So, in the combined lack of
initiative and inspiration, there is not
created that vision which it necessary
(or permanent upbuilding.
Private Owner Did Better.
1 do not want to D understood as
insinuating that the Shipping board
it not today making a very good
operation of the ships it it running.
Jn itt early history, however, because
of the vast fleet it had to run without
properly trained organization, the
result! obtained were by no meant
those produced by private owner
thin; and no one will so argue.
But I will aver that under the
Harding administration the shipping
fe&C Special
Weak at June B to II, Inclusive.
Large Class ol Avaloa Crap Drink,
Two Lars Dslkloua Sugar Cookiae,
Choice ol Special Ham or Caeeee Sane-
wUb ALL FOR 10c
ALL SIX RESTAURANTS
Loard't operation has become com
pilable to the h-t operations ol
privately owned ship, ll is a blind
American who, at equal prices, with
service comparable to the best, fails
to give overwhelming preference to
hit government owned ships, for tlyy
are the best insurance he has of sure
carriage to his overseas customers
until private American ownership
comrt into being.
The point 1 wish to emphasize,
though, is that government owner.
ship, while today satisfactory for im
mediate need, is not building up (or
the future, and is overly costly in its
operations at all timet.
While we are losing (50.000,000 an
nuaiiy in cash, in operation, we are
Plunge !
f
NOW is the time for that first
dip of the season into the
clean, fresh waters of the big
gest, most beautiful lake within
many miles of this city.
HOP on the Street Car, a few
minutes ride, then hurry
across the lake in a speedy elec
tric launch, and into a bathing
suit kept clean and ready for
you,
and then And Then!
Splash !
A ANY OTHER ATTRACTIONS invite you, in-l-1
eluding the comfortable, lakeside dance pa
vilion; the rides, the games, the free and fully
equipped picnic park, playground, free movies,
cafeteria, reasonable prices everywhere in the park,
and remember Admission is Free!
ORPHEUS
ALL WEEK
THE ORPHEUM PLAYERS
IN
"The Hottentot"
A Riot of Laugbtor
Mats. TuM.-Tku.-SaU Sa-SSc
NEXT WEEK
"The Broken Wing"
Sao lbs Aeroplane Crash
Coo last Spot In Oinsha
Built for Omahana' Outdoor
Eatortalananl
Brlnf your baakat and enjoy your
lunch In the park (rova, which ia bita
and 4ry, clean and sanitary.
WEDNESDAY NIGHT
"PAGLIACCI"
Biff Spectacular Comedy
and Danco
FRIDAY NIGHT
FIREWORKS
for All to Enjoy
Swim Dance Ride
AT KRUG PARK
LAST
TIMES
TONIGHT
NORMA "The Safely
TALMADGE Curiam"
STARTS TOMORROW
CONSTANCE
TALMADGE
Wanda Hawley Harrison Ford
in
"A Pair of Silk Stockings"
wearing ttiit the llret. an4 ill the
i-oiif.e of a lew years it will be of no
worth. Nowhere have I heard any
voice suggesting that the govern
ment build further merchant ships,
and only through private ownership
can we see hope of renewals and ad
ditions that will be needed.
So while at the moment we are
not only justified but our national
need demands that we continue the
sjd losses of operation of the ship
ping bo4rd until we can work out a
national policy that will insure lite
passage of the fleet into private
hands, we have no excuse for not im
mediately tackling our problem and
solving it.
The main factors of our problem
are, what kind of merchant marine
do we require for war needs; how
can we use the government-owned
fleet m nucleus of these nerd?
!.... :.(.... 1 1, Iiaa offered tr r
icwi " . Mr i
congress a program of legislation
which will provide the solution. )
In toy nest article I tball discus
our war needs in merchant marine.
Ilk rush article Into aorta UI
pssvr lisrrr
ALL WEEK
"The Green
Temptation"
featuring
BETTY COMPTON,
THEODORE KOSLOFF end
MAHLOK HAMILTON
Dance -Thrills -Romance
Also
LLOYD HAMILTON .
in "Poor Boy"
A comedy with hundred laughs
' ' l '
Now I
i i
Vi tdevtfft If Rctffrt
KZS 111
'm.sltowsmjmi
NOW SHOWING
"Queen of
the Turf"
A thrilling race
horse photoplay
NOW SHOWING
STEWART EDWARD WHITE'S
"The Gray Dawn"
with Robl. McKim
and Claim Adaraa
A COOL, REFRESHING CAFETERIA
AND CAFE in which to hava your
Luncheon. A Complete Luncheon, 35c.
You will find .everything here in the
way of fresh vegetables, fruits and
cold meats laid before you in a clean,
wholesome, appetizing display, ready
for your selection.
HOTEL CASTLE CAFE AND
CAFETERIA
inis is w w ---umana
Grain Exchange Station"
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the Grain Exchange Anywhere in Omaha
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