Newspaper Page Text
Reynobls, president of the First Na¬
tional bank of New Vork and a stanch
sound money advocate.
Further overtures to the bankers
were made by Jesse II. Jones, chair¬
man of the Reconstruction Finance
corporation, and J. F. T. O'Connor,
comptroller of the currency. Both of
them gave assurnnce that the econom¬
ic condition of the country Is sound,
and Mr. Jones urged the bankers to
expand ttieir loans to business.
To all this the bankers responded
hy unanimously adopting resolutions
promising to co-operate with the gov¬
ernment but demanding a balanced
budget.
Rudolf 8. ilecht of New Orleans was
j elected president of the association to
t succeed Mr. I.aw. ;
!
M ANY thoughtful persons comment
on the apparent discrepancy be¬ j
tween the pleas of William Green for
more employment and the policy pur¬
sued hy organized tabor in fostering
great strikes seemingly for the sole
purpose of enforcing unionization and i
the closed shop, Many thousands of i
persons are thrown out of employment
by these strikes, industries are ham¬
pered or shut down and often serious
disorders result. To the bystander it
does not seem fair that, in a time of
distress, such methods should be fol¬
lowed in order that the strength of the
unions might be increased. 'The latest
example of this policy is the strikes j
which have resulted in the closing of
all the Great Atlantic and Pacific Tea
company's shops and warehouses in
Cleveland and which are in effect in
Milwaukee against tiie A. and P. and
two other chain store companies. There
was a prospect that these walkouts
would spread throughout Ohio and
Wisconsin.
TM.MEDIATE cash payment of the
1 veterans’ bonus certificates was de¬
manded by tbe American Legion In
convention at Miami, Fla., despite the
knowledge that it is
opposed by President
Roosevelt and the be¬
lief that he would veto
any legislation provid¬
ing for such payment.
The vote was 987 to
183.
The Legion’s new
national commander is
Frank Belgrano, Jr., of
San Francisco, now a
hanker. All other can¬
didates withdrew and
Mr. Belgrano was
elected unanimously. In Ids speech of |
acceptance he said he would conduct
his office with vigor and determination.
'Our country is filled today with too
much talk about isms,” he said. “Ev¬
erywhere we hear about Communism,
Socialism, Fascism, Hitlerism, and oth¬
ers too numerous to mention.
There Is room In this country for
only one Ism. That is Americanism,
Without equivocation or reservation, I
say to you that under my administra¬
tion this American Legion is a sworn
enemy of every other ism. That is a
declaration of war.”
The following were elected ns na¬
tional vice commanders:
Daniel J. Doherty, Woburn, Mass.;
Harold J. Warner, Pendleton, Ore.;
John Kenelly, Mandan, N. D.; Milo J.
Warner, Toledo, Ohio; and Quimby
Melton, Griffin, Ga.
c HICAGO’S magnificent World's fair
is no more. It closed formally and
forever at midnight, October 31, amid
a riot of gayety and with a final burst
of fireworks, and the vast throng of
last-day visitors left the grounds with
n feeling of sadness. Mayor Kelly had
proclaimed n half-holiday and thou¬
sands upon thousands of Chicagoans
Joined with the crowds that had come
from elsewhere to celebrate the windup
of this most notable exposition. After
artillery salutes and parades, the final
ceremonies were staged in the Court of
States with Governor Horner, Mayor
Kelly and President Rufus Dawes of
the exposition as speakers. Exactly at
midnight Mr. Dawes threw a switch
that shut off all lights on the grounds
and set off a gigantic fireworks display.
This was not quite the end, however,
for the lights were turned on again
and, though no one was admitted after
midnight, the Halloween carnival con¬
tinued until three o'clock in the morn¬
ing. Then the lights went out forever.
CURRENT EVENTS
PISS II REVIEW
GREEN'S GLOOMY STATEMENT ON
UNEMPLOYMENT IS PARTLY
OFFSET BY OTHER VIEWS.
By EDWARD W. PICKARD
©, Western Newspaper tin Inn.
/TTII another winter at hand and
millions of Americana still unem-
ployed, organized labor, through I’resl-
dent William Green of the American
Federation of Labor,
has asked the ad¬
ministration to ap¬
peal to all industries
to Increase produc¬
tion 30 per cent. Mr.
Green in a public
statement asserted
that for the first time
since President Roose¬
velts re-employment
program got under
way In July, 1933, un¬
employment has ex¬
ceeded last year’s level. The number
of. persons without any employment he
puts at 8,318,000. Those without jobs
in industry in September numbered
10,951,000. Jobs for 2,330,000 were pro¬
vided by conservation camps and emer¬
gency relief projects, ‘‘but these emer¬
gency Jobs,” he said, “are not creat¬
ing incomes to pay the costs.”
Mr. Green continued: "Could not the
administration invite all industries to
co-operate in a general program to in¬
crease production and put men to
work V
“If the nation-wide level of all pro¬
duction were lifted 30 per cent in a
balanced program, adjusting produc¬
tion to consumption needs, each indus¬
try would then be assured that all
other industries would increase their
production, and the wealth produced
by putting labor to work would create
Income to buy the product of all.
“The total number at work In the
United Stutes was 39,704,000 I 11 Sep¬
tember, 1933; by September, 1934, it
had declined to 39,307,000. During
these 12 months the normal Increase
in population lias added close to 450,-
000 to the army of Job seekers for
whom Industry provides no work. Thus
the number without work in Industry
lias risen from 10,108,000 In Septem¬
ber, 1933, to 10,951,000 In September,
1934.'’
Quite as gloomy as Mr. Green's re¬
port was a statement of the National
Industrial Conference board. This
agency noted that the general Improve¬
ment in manufacturing activity usually
occurring In September failed to ma¬
terialize. Instead, declines of 5.7 per
cent in the number of wage earners
employed, of 6.1 per cent in total man
hours worked and of 5.8 per cent in
payrolls disbursed, were reported. In
addition, It was stated, the rise in the
cost of living from August to Septem¬
ber depressed real weekly earnings of
wage earners 2.1 per cent.
On tlie other hand, the United States
Chamber of Commerce In Its summary
of conditions throughout the nation
reports continued Improvement of busi¬
ness sentiment although it has not as
yet been reflected definitely in the vol¬
ume of transactions.
Assurances by President Roosevelt
that present governmental lending op¬
erations are not to be permanent and
that private enterprise will be sup¬
ported, the ongunizatlon reported, have
been received favorably by business
and industry.
Steady Improvement In the agricul
tural situation is noted by the farm
credit administration. The volume of
business of production credit associa¬
tions registered an increase of 18 per
cent during the first 15 days of Octo¬
ber. Applications for farm mortgage
‘ loans are about one-third of the peak
readied a year ago.
NK of the most encouraging de
^ velopments was the fact that tiie
President ami the bankers had reached
a virtual truce which gave assurance
of the expansion of credit for business
and Industry. When the financiers met
in Washington for the annual conven¬
tion of associ¬
ation, many of them were still utterly
at outs with the administration’s finan¬
cial and economic policies, believing
that the government’s credit was men¬
aced by the unbalanced condition of
the national budget and the unstabil
ized dollar.
Then appeared before the bankers in
Constitution hall President Roosevelt
himself and made an appeal for “an
alliance of all forces intent upon tiie
business of recovery." He called on
the banks to lend more money to
finance the New Deal program.
“Government should assert its lead¬
ership in encouraging not only confi¬
dence of tiie people in banks but tiie
confidence of the banks In tiie people,
lie said.
“In March, 1933, I asked the people
of this country to renew their confi
dence in banks. They took me at my
word. Tonight I ask the bankers of
tids country to renew their confidence
in the people of this country. 1 think
you will take me at my word.*'
He said that the administration
stood squarely back of continuance of
the profit system and that emergency
activities would be curtailed as fast as
private business could pick up the load.
It was noted that the President made
no promise to balance the budget or to
stabilize the currency; also that he did
uot comment on the proposal to create
a central bank. His talk was heartily
applauded, but many of his hearers
were far from satisfied.
Before Mr. Roosevelt spoke, the
bankers were addressed by Jackson
were predictions of civil war
4- in Austria between tbe two “pri¬
vate armies," Chancellor Schuschnigg’s
Catholic storm troops and the Fascist
Heimwehr headed by Prince Ernst von
Starhemberg. The cabinet stirred up
tbe old taxation trouble by legislation
taking from the provinces and munici¬
palities their right to share in taxes
collected in Vienna. With this as an
excuse, tbe opposition to the govern¬
ment is exhibiting intense activity.
The Heimw’ehr leaders are demand¬
ing that the nation’s corporate parlia¬
ment be composed entirely of repre¬
sentatives of the auxiliary armed
forces. Chancellor Schuschnigg and
other Catholic leaders are bitterly op¬
posed to this.
The financial situation has further
complicated matters. There is a bud¬
get deficit of $14,000,000 for the first
half of the year.
pROF. JEAN PICCARD made anoth-
* er balloon excursion into the strat¬
osphere, and accompanying him was
his plucky wife, Jeanette, the only li-
censed woman balloon pilot in the
United States. They ascended from
Detroit with their 600,000 cubic-foot
bag, passed over I^ike Erie, rose to a
height of about ten miles, and then
came down on a farm four miles west
of Cadiz, Ohio. 'Die gondola landed
in a tree but the two occupants were
only slightly bruised and scratched,
and it was believed the delicate scien¬
tific instruments they carried were un¬
injured. The trip was made for the
purpose of studying the cosmic rays,
and no effort was made to establish a
record for altitude.
OILK and rayon dyers did not Join
in the recent general strike of tex¬
tile workers because of their contract,
but 30,000 of them in the Passaic val¬
ley and the New York metropolitan
area have now quit their jobs and the
dye houses were closed perforce.
When negotiations for a new con¬
tract began two months ago tbe union
asked for a 30-hour week at $1 an hour
and a closed shop. The closed shop
was the sore point of issue. Neither
side would change its attitude.
George Baldanzi, president of the
Federation of Silk and Rayon Dyers,
then waived the demand for a 30-hour
week at $30 a week and said the union
would accept a minimum guarantee of
$20. This proposal was rejected by
the employers.
J» REARING records all along the
D route, M-10001, the new streamlined
train of the Union Pacific, made an ex¬
traordinary run from ixis Angeles to
New Y’ork in 56 hours 55 minutes. The
best previous time for a transcontinen¬
tal train crossing was established in
1906, when the late E. H. Harriman,
then chairman of the Union Pacific,
traveled from San Francisco to New
York in 71 hours 27 minutes.
The new tube-shaped train also es¬
tablished a world's speed record of 120
miles an hour as it sped from Buffalo
to New York.
J JOHN R. CHAPPLE, Republican can-
didate for United States senator
from Wisconsin, proved himself to be
a gentleman at Waukesha. He was
listed as principal
speaker at a rally
there. John Gay. can¬
didate for congress,
preceded him on the
program and alluded
to President Roose¬
velt as “a man who
can’t stand on his
own feet without
crutches.” Mr. Chap¬
pie arose and said:
“Men and women
Chappie of Waukesha, the
President of the United States has
been insulted by a previous speaker
j on this program in a serious personal
| while i ra av differ with Dem-
' '
oer n tlc policies, I will not stand for
j that kind of an on the Presi- there-
dent , g , )hvsie al infirmity, and I
i j ore re f use to speak on this program
| nnd and will return r( , turn to Waukesha at some
later time.”
CONVERSATIONS preliminary to
the 1935 naval conference opened
in London, and the Japanese did what
was expected of them. Ambassador
M«tsudaira and Admiral Y amamoto
told the British and the Americans in
turn that Japan was not satisfied with
the existing treaties—everyone knew
that—and set forth these main points:
1. The powers should agree that
Japan may have equality, “in princi¬
ple,” in defensive armaments.
2. The ratio system should be abol¬
ished. and “defensive” ships limited on
a total tonnage basis, instead of by
categories. drastically
3. Each nation would re¬
duce “offensive” armaments, thus cut¬
ting down the chances of any war of
aggression, while building whatever
"defensive” ships within the tonnage
limit agreed it feels it needs for se¬
curity.
r IEUT. FRANCESCO AGELLO of
L/ Italy, known as “Crazy Boy” be¬
cause of his daring aerial perform¬
ances, set a new record for speed in
flight when he drove his seaplane over
a course at Desenzano, four times at
at average of 440.29 miles an hour.
It was his own record that he broke
by about 16 miles an hour. He used
his old plane but it had a new Fiat
AS 6-V type motor developing 3,500
horse power.
'tMIRKE American physicians have
1 been awarded the Nobel prize in
medicine for 1934. They are Dr. George
Minot and Dr. William P. Murphy of
the Harvard medical school and Dr.
George H. Whipple of the University
of Rochester. The prize of $41,000 is
divided among them for their develop¬
ment of liver therapy In anemia.
K INC. PRAJADHIPOK of Siam is not
satisfied with his present status as
a limited monarch and has threatened
to abdicate unless the government with¬
draws a measure pro¬
posed in the national
assembly which de¬
prives him of his tra¬
ditional right to de¬
cide whether persons
sentenced to death
for crimes shall live
or die. T li i s, of
course, Is but one of
tbe distasteful limita¬
tions prescribed by
tiie national assembly King
since tiie revolution of Prajadhipok
1932 which forced the
king to give tiie country a new consti¬
tution. There is no revolution in this
case, for the people of Siam generally
know nothing about the dispute be¬
tween the king and the government.
Prajadhipok is at present in England
with his queen, nmi the negotiations
are carried on by cable. His majesty’s
secretary there said the king's fight
was really a fight for the principles of
democratic government and that he
would not give in. The secretary ex¬
plained that half the members of the
Siamese legislative assembly are elected
directly by the people, and the other
half nominated by the government,
with his majesty placing “great imi>or-
tance upon tiie attitude of the elected
members.” who Prajadhipok claims op¬
posed the measure relating to life and
death prerogatives.
DADE COUNTY TIMES: NOVEMBER 8, 19.34
BRISBANE
THIS WEEK
Snn Spots and Wars
No Toy Pistol, Money
Plain Language Needed
Why Revive Sparta ;*
The Abbe Moreux, looking through
his telescope in Bourges observatory,
says, “Beware of 1930 and 1937. bun
spots will increase violently in those
two years, according to the abbe, and
when sun spots increase “we have
wars and social disruption."
On the other hand, according to the
reverend observer, when the sun is
calm “the world usually lias been at
peace.”
Others believe that "spots” causing
war, international and individual
hatreds, are not sun spots, but spots on
the human brain.
Many “spots” will have to be re¬
moved from the human brain before
war can end.
Indiana is investigating two officials
connected with tiie prison from which
the late Mr. Dillinger escaped, sup¬
posed to have frightened his jailers
with a toy pistol.
New evidence indicates that, in¬
stead of frightening somebody with a
wooden pistol, he bribed somebody
with good, real money.
Half the success and immunity of
the usually dull-minded criminal is
based on the corruption of public offi¬
cials, and criminal lawyers ready to
accept criminal money.
Tiie New York Times quotes “one of
the most distinguished of all British
diplomats” as follows: “Anglo-Amer¬
ican relations have never been in
such a grave condition since the war.”
There is talk of Japan having a
navy as big as England or America,
with England’s consent, England
building 70 cruisers, etc.
Some Americans would like to know
why Uncle Sam does not say to Japan
and England: “Build what ships and
make what new secret treaties you
d— n please. We shall do as we
please.” We have had in America
men that would send sucli a message
to any group of treacherous “friends.”
Rome reports that Mussolini, de¬
termined to make Italy a really mili¬
tant country, ready to fight anybody
at the drop of any hat, plans a “New
Italy” with the motto, “Back to the
glory of the Caesars, A revival of
Sparta."
All right about the Caesars, but
Sparta did not work out well. Where
is Sparta now? Where is the ancient
glory? by
Fighting will be done hereafter
scientists, chemists with poisonous
and explosive gases; engineers with
fast planes, deadly air torpedoes.
Fighting will be in the air and under
water. No need to make a whole
nation parade and drill.
An oasis of cheerfulness In this
world of gloom is Leonid M. Tolokon-
ski, Russian consul general in New
York. Many things make him happy,
intruding the fact that Russia can
produce everything she needs, “except
bananas and coffee.” She is growing
fine grapefruit now, can worry along
without the bananas and drink tea, in¬
stead of coffee, as she always has
done. Russian coffee never was very
good, anyhow.
The late Australian general, Sir
John Monash, described in Lloyd
George's memoirs as the "only gen¬
eral on the British side who could
have successfully replaced the late
Field Marshal Earl Haig as com¬
mander in chief of the British forces,’’
was of Jewish descent.
Fighting ability in that race sur¬
prises nobody, for some of the great¬
est fighters in history, including Han¬
nibal and his father, were of the
Semitic race.
A well-known actor, Lou Tellegen,
who used to play "perfect lover” parts,
and married four ladies, including Ger
aldine Farrar, lost his popularity and
has killed himself after telling his
friends “there is no place in Hollywood
for a has-been.”
There is no place anywhere for a
has-been. but. fortunately, there is no
need to remain a has-been forever. If
you can’t always be a “perfect lover,”
be something else perhaps more useful.
San Francisco rejoices in completion,
after twenty years of work, of the
great Hetch Hetch.v project, a $100,
000,000 undertaking that brings pure
water 150 miles from the high Sierras
in Yosemite National park.
A great bridge is building over the
beautiful Golden Gate that leads in
from the Pacific ocean, and soon San
Francisco will be connected by road
with the great city of Oakland, across
the bay.
Veterans demand their bonus now,
without shilly-shallying or tergiversa¬
tion.
It is said that the President “will
oppose with all his strength any effort
in congress to pay the bonus now.”
This is how It seems to one observer:
The government must pay that bonus
a little later. It is pledged in law and
In honor to pay it.
Veterans need the money now while
times are hard and their children are
young. the
uffie country needs to have money
spent now while times are bad and
business is dull.
® King Features Syndicate, Ine
WNU Service.
National Topics Interpreted
by William Bruckart
Washington.—With assurance that
Joseph B. Eastman, federal co-ordina¬
tor of railroads,
New Idea on i S going to recom-
Business Control mend in reports
soon to appear
that there be more stringent regula¬
tion of the railroads, it is to be noted
that Washington conversation lately
has included a new idea respecting gov¬
ernmental relations with businesses
coming under direct federal regulation.
The discussion seems to center about
some idea concerning tiie obligation
which government owes whatever busi¬
ness it regulates and whose profits it
limits.
The talk one hears in many places is
to the effect that if tiie government, or
any government, lays down rules which
prohibit a business from reaping the
profits that accrue in good years, by
the same token it ougiit to consider
some form of compensation to that
business in the periods of depression
through such as we are now passing
because it has refused to permit that
business to create a huge layer of fat
upon which it can feast in tiie bad
years.
Advocates of such a theory, of course,
have immediately found opponents. In
other words, two very definite schools
of thought have developed and al¬
though the question is nowhere near a
solution nor is it likely that the forth¬
coming session of congress will even
approach an answer, one can hear ar¬
guments pro and con on the point most
anywhere the subject is broached.
The proponents of the theory that
the government owes an obligation to
those businesses which it has regu¬
lated within an inch of their lives con¬
tend that investors—which means the
public who own shares of stock—are
being discriminated against by their
own government. Their claim is that a
business cannot survive unless it is
enabled to store away profits of tiie
good years against which it may draw
when the prolonged economic depres¬
sions strike. The result is, according
to tills argument, that unless the fat
is stored away after the manner of the
bear in preparation for winter in¬
vestors can expect only to see their sav¬
ings destroyed from time to time, and
this with the sanction of their own
government.
In opposition to this new theory of
relationship between government and
business, one hears the usual denounce¬
ments of the sins of the railroads and
the public utilities, but one also hears
complaint that if the federal govern¬
ment should embark upon a policy of
compensating those businesses which it
regulates, it might be placing a pre¬
mium on mismanagement and even
downright crookedness. It is argued
likewise that the federal government
must not use taxpayers’ money in this
manner nor that it should employ the
policy of compensation, as that
amounts to a subsidy.
At any rate a new field has been
opened. On eacli side are to be found
vigilant and virulent defenders and
from this time it is made to appear
that congress is eventually going fo
lie compelled to decide how far this
regulation of business can properly go.
From all of the argument here, it
would seem that each side has solid
ground upon which to stand. It may
be possible that from this controversy
something in the way of a new eco¬
nomic policy will develop. The Roose¬
velt administration has gone farther
than any other in history in its regula¬
tion of business and there are those
who believe that a reaction is due. If
that be the case, then it appears log¬
ical at least that the two opposing
forces may bring about a compromise
that will be favorable to general busi¬
ness, which is subject to regulation,
and enable those who place their sav¬
ings in stocks or bonds of such utili¬
ties to fee) reasonably secure about
some sort of an annual return.
* * *
Solution of this question of equity
between the government and the busi¬
nesses which it reg-
Solution ulates is not as sim
Not Simple pie as it may super
fieially appear. For
example, the question is put forward
whether it is possible to evolve any
method of measuring, even roughly,
the extent of the public obligation. Ir
is likewise necessary to determine in
advance of a final answer to the ques¬
tion, whether the past inequities and
past treatment of public utilities is the
factor to be considered. There is n
question whether the government is
openly to assume a direct voice in the
management of properties which it reg¬
ulate.' If there is a compensating ar-
rangeusnt to protect investors in those
businesses. Then, it goes into the ques¬
tion of government ownership or gov¬
ernment control of private industry.
Some of the advocates of this pro¬
gram of compensation call attention to
the public necessity for maintenance of
service, such as the railroads supply,
for example. In the case of the rai*
roads and shipping, with perhaps the
addition of the growing aircraft indus
try, it is admitted that there is a
willingness on the part of those lines
of commerce to aid the nation in time
of war.
Should the government engage in dis¬
tribution of taxpayers’ money to off¬
set deficits in the lean years, opponents
of the policy say that we should be
beaded for an even greater bureau¬
than has been set up to accom¬
recovery under the present ad¬
Obviously, many business
will not be in favor of further
of bureaucracy. They have
their till of bureaucracy under the
and the Agricultural Adjustment
The form of assistance is another
If it were not in tiie form of
money payment direct to the busi¬
concerned, then tiie subsidy
be worked out on another basis.
has been suggested that the regula¬
themselves might be used to en¬
some returns not now available.
theory advanced was that the reg¬
should be fiexible and that in
tiie lean years there be some relaxa¬
tion of the restrictions so that the
businesses might proceed
more freely in operation.
Another thought heard is that there
should be consideration given to com¬
peting businesses such, for example,
as is the condition between the railroads
and the highway users. It is of record,
of course, that trucks and busses and
privately owned vehicular traffic use
national and state highways, built out
of taxpayers’ money and they do so
with the very minimum of taxation.
The railroads, as competitors of these
lines, have no such beneficent atti¬
tudes displayed toward them by the
government which,' at the same time,
lias been bearing down with its regula¬
tions. It undoubtedly will bear down
further when the new Eastman legis¬
lation Is enacted. So on whichever
side of the argument one ranges him¬
self, it is to be seen that there are
numerous factors and influences to be
considered and these, it may be added,
are not questions soluble in one con¬
versation.
• * »
As one looks backward upon the cam¬
paign of 1934, the methods employed
Parties by the two raa-
Both jor parties appear
Show Weakness worthy of exam¬
ination. Observ¬
ers in Washington, I believe, are of
the opinion that the campaign devel¬
oped an outstanding circumstance,
namely, that the Democrats lack de¬
fensive ability and the Republicans
have shown an utter inability as an
offensive party.
In all of the debates and the speeches
and the statements forthcoming from
candidates on either side, there is
proof of the conclusion above reached.
Some political writers in Washington
and some political leaders take the
position that when the Democrats were
put to the necessity of laying down a
fresh program, they failed on tiie job.
They gave the impression of politicians
running largely on momentum.
The minority party, if such the Re¬
publicans may be called, was wholly
unable to take advantage of known
vulnerable points in the Democratic
armor. The net result was obviously
that there was much haranguing and
much mud-slinging in what should have
been real national issues, but nothing
came of it.
The campaign, therefore, has demon¬
strated in my opinion the need for a
strong minority party whether that
party be Republican or Democratic.
The party in power necessarily is on
the spot because it is charged with the
responsibilities of government, rt is
the function of the minority party to
criticize and offer counter proposals.
The most astute politicians see that
condition and, I believe, are at a loss
as to what it means for the future.
* * * *
The federal communications commis¬
sion, one of the new agencies set up by
tiie Roosevelt admin-
Favor isfration as a per-
Mfrirrrs manent part of the
* nation’s regulatory
structure, is preparing to ask congress
for an amendment of the communica¬
tions act of 1934 enabling ii to approve
mergers. Of course, tiie particular
problem involved in the communica¬
tions program is the question of mer¬
gers of such gigantic corporations as
the Western Union and the Postal tele¬
graph companies and some of the radio
companies. The implications and the
potentialities of this movement, how¬
ever. go much further.
It is too early to attempt a forecast
of congressional opinion on the com¬
munications proposal hut it is an op¬
portune time to consider what maj
happen if congress should approve this
step toward creation of single busi¬
nesses for single lines of service in this
country. interesting to
It Is regarded also as if
examine the effect upon the country
it were to be subjected to a well regu¬
lated monopoly of all the business In.
that line such as has occurred in the
case of the Bell Telephone system.
Some members of the commission
and its staff feel that a merger of the
large telegraph companies, for instance,
would result in establishment of a
more closely knit network of telegraph
lines and offices than now exists.
Details of any merger plan are too
intricate and too complex to be treated
in the space available here but the fa<
that the communications commission Is
giving consideration to such a proposal
leads on to exploration of merger pos¬
sibilities and the effect among othe
lines—such, for example, as the radio,
the railroads, the lines of inland water¬
shipping and such other ln«tira¬
ways,
tions of public service.
©, Westsrn Nowofwvi*'' Union.