Show F v Pr Prevailing Opinions i Comment of fhe American Press New Industries Bo Booming Beaming ming Speaking of our old friend technological unemployment It It ItIs itIs Is Interesting to to note the number of more moro or less ess new industries which even in these times of still Incipient recovery are forging ahead to the setting of new new all- all time timo production records There always was technological I. I unemployment of course courso that Is a certain number of workers worker al always l- l I ways have been temporarily out of work because new machines and methods designed to save labor la labor la- la bor costs continually were being Introduced In normal times timea these w workers were were reabsorbed rapidly rapid rapid- ly into other industries or lines of ot business which h always were springing up and expanding their operations The Business Week now reports that no less less' than 12 industries thus were forging ahead In 1035 producing mar more than they ever had even at the peak of ot the 1929 1029 boom and presumably providing new jobs which never existed be be- be fore tore Those m mentioned are radios washing machines mechanical re refrIgerators refrigerators re- re incandescent lamps electric power nickel gasoline shoes aviation rayon plastics and andoU oil oU burners The fact that theses thes Industries not exa exactly new and y yet t of recent vintage stand tand at the top of the honor roll s said ld Business Week is Js a significant indicator r of fu tu future future fu- fu ture turc consumption n trends and employment employment employment em em- possibilities With or 11 11 still unemployed accordIng according according accord accord- ing to what estimate you accept it obviously is too soo soon to form positive conclusions Wo We are arc not going to whistle until wo WI get out of the wood Yet the unprecedented unprecedented unprecedented dented expansion of these great and mostly youthful industries does seem to that full general recovery will find technological technological technological techno techno- logical unemployment at least n no nomore no more moro of a problem tn than n it t eve ever has been Detroit Detroit News s. Even in n the Navy Nevy Long before the brain trust came Into being the gov governments of many countries cabled Princeton Princeton's Princeton's Prince Prince- tons ton's Professor Edwin Walter Vatter Kemmer r a message reading something like this Please sc sail earliest b boat at and tell ten us what's wrong wrong with our money Of course the foreign governments govern govern- overn- overn ments meats these Included China Chile Poland Peru and the Union of of'S South th Africa paid Africa paid the professors professors professor's sors sor's traveling expenses And they paid him for his advice SQ I U t may be bo worth our our while e to listen to Kemmerer when he gives us this advice As American citizens If you you believe in in tho old fashioned vir vir- vir- vir tues of honesty and thrift Il If If you believe in respecting property rights and human rights right if If you believe in the fundamental principle principle principle prin prin- ciple of ot Saxon Anglo democracy the tho control of the government bytho by bythe bytho tho the people through their control of government revenue then fight inflation for tor it is the deadly enem enemy of these things you hold dear Theres There's no charge for the professor professors professor's pro pro- fessor's fessor s advice Unlike most things that are are- free it Is worth taking Cleveland News The Professors Professor's Advice Is Free A great many business men are In In- favor of maintaining freedom of the seas because it gives them the right to us use the navy to protect protect pro pro- their shipments through troubled troubled troubled trou trou- bled waters It may be a surprise to tho the country to discover that most navy officers however have no great desire to go out and fight for tor dear old Amalgamated nel Inc Admiral Sims who commanded the American naval forces in European European Eu Eu- waters during the World war declared last May that we cannot keep out of war and at t the tho same time enforce the tr freedom edom of the seas He advised that every citizen who has tho cause causa of honorable peace at heart take this stand Our trade as a neutral must be beat at the risk of the traders our army and navy must not be used to protect this trade It Isa is isa a a. choi choice e of profits profit or os peace Our country must remain at peace II The foundation in ina ina a a. vote quoted by Ray Moloy's Moley's magazine Today put but too little noticed polled the admirals rals and captains of the United States navy on Admiral Sims Sims' proposal that those who tho tr trade with belligerents do so 80 at their own risk Of the officers who answered 2 favored adoption of the plan while only 39 89 opposed it President Roosevelt has dropped freedom of the seas and his action ac ac- ac- ac flea tion is the first step toward a a. completa complete neutrality program It ItIs ItIs Itis Is good to know that so zo many navy officers want rant peace p for their country first arid and glory after ater wards That outweighs I the occa occasional sl nal Admiral l Phelps crying out against neutrality In a jingo rage Philadelphia Record Nickel Nicke and Nationalism There l ere Is no no depression for tor tIe the nickel Industry World consumption ot of nickel In the first tirs ten months of ot 1935 amounted to pounds the largest for tor any ten month pe period period pe- pe nod in history Production for tor forthe forthe the ten tell months prec preceding the uthe big I crash in 1929 1920 totaled pounds pound I IThe The demand for alloys I explains the the boom in the tho nickel Industry More than 1000 trademarked trademarked trademarked trade- trade marked alloys containing nickel are the metallurgists metallurgist's answer to the tho Industrialists Industrialist's cry that rust is the greatest menace to machinery Increasing demand for nickel cal calls for reflection on the fact that very little of this metal is found In tho the United The cent 5 piece In your pocket and the nickel In the stainless steel knife In your kitchen probably came from a amine mine in Canada Not even a great grent country like mee ours can safely regard Itself asan as asan asan an economic entity Cleveland Cleveland News Br Brains ins Needed for Brain Trust What China needs need's Is more graft said laid a paradoxical expert once Why I thought it had more graft gratt already than any other country in the world said his astonished interlocutor True was the reply That Thatis is b why it needs mor more In the same same sense the suggestion suggestion tion may bo be ventured ventur d that what this country needs Is more brain trust ro To be sure we have been groanIng groanIng groan- groan Ing under tinder the exactions of too much brain trust But that is because because be- be I trust either cause cause calLe the so-called so lacked brains brain or used used- the wrong sort sort-of of brains In the wrong place It put a poultry expert t In ch charge rge of its financial economics and made an expert on n crime its ils diplomat diplomat diplomat dip dip- lomat on monetary stabilization Or when it had bad a re real al expert in charge of the subject on which he was an expert either it got rid of ot him or he resigned In disgust The silver muddle Is perhaps the I best example That there should I be experts expert on silver sliver in congress Is perhaps too much to expect Men en like Uke Senator Thomas of Oklahoma Oklahoma Okla Okla- homa take economic leadership there by very virtue of tactic economics But that tho the president out of all the sound economists in the nation should have taken the advice advice If If he took I any of some unsound pseudo- pseudo expert whose title would woud have been disclaimed by all the real experts and should have have- followed Thomas and his colleagues down th the way of politics Is the real calamity By all means let us have a brain trust 0 But let it be a trust with brains brain San San Francisco Chronicle le Speaking of Mergers Current talk of consolidating various churches moves s us to suggest that if Southern Methodist Method Method- 1st and Notre Noire Dame were Vera merged we might have a football team to end all aU football teams San San Francisco Francisco Francisco Fran Fran- cisco News New |