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Show "QUOTES QUOTES " Q U OTES OTESCOMMENTS " COMMENTS ON ONCURRENT ONCURRENT ONCURRENT CURRENT TOPICS BY BYNATIONAL BYNATIONAL BYNATIONAL NATIONAL CHARACTERSGOVERNMENT CHARACTERS CHARACTERSGOVERNMENT GOVERNMENT OWNERSHIP OWNERSHIPBy By L . L . C PROBLitTVice PROBLH.T PROBLHT PROBLitT PROBLH.TVice PROBLKTVice . Vice President Chesapeake and Ohio OhioLine OhioLlneq OhioLinei OhioLineiTT Line Llneq LlneqI LlneqT ' ! TT T IS reasonable to calculate thatgovernment that that- that thatgovernment I IT - - government ownership would wouldcost wouldcost cost every man , woman and chtld child chtldin childin childIn in the United States a n minimum mlmDlllm of of20 20 cents a day In tn\cs tn cs un.cs uncs ta'tes tates \ ' . Hallronds Railroads Hallrondsnow Railroadsnow Railroadsnow now pay In taxes , . local , state and na- na national national na national - tional , almost $1,000.000 1000.000 1000000 $1,000,000 $ , . , a day-In day In day - In the thehigh thehigh thehigh high peak of prospenti prospef1t prosperity they p lid iid more more1.he more'he moreIhe 1.he 1he 'he he . ' tax bill of the railroads rallroalls for W'H WH 11Y34 W'Hwould 11Y34would IU ' ' 4would would pay all the expenses e"penscs epenscs " of the theUnited theUnited theUnited United States Mates go government go\crnmenr go crnmenr \ ernmenr from 1789 17S9 1789to 17S9to 1789to to 1814 1514 , , covering tlie the administrations administrationsof of Washington 1Vasliington . , Adams , JetTeison Jeffelson Jefferson nnd and nndMadison andMadison andMadison Madison ' Ihe 'rhe rhe Zhe sum Is about one half halfthe halfthe halfthe the annual Interest on tlie the present pub publIc publie publie lIc lie debt " From 1"rom 1rom Prom It millions mJl1lons go to local localcommunities localcommunities localcommunities communities for maintenance of pUblic pUblicschools publicschools publicschools schools Forti I'orty Iorty rort ' ) five per cent of aU all aUtuXes alltaxes alltaxes tuXes taxes paid by railroads goes to pay for forfree forfree forfree free public pubHc publlc education Tlien Then , $43,000 43000 $43,000,000 43000000 $ , , 000 annually annuaUy goes to build and main maintam maintam maintain tam highways for some of the wlldc'1t wlldc1t wildcat wlldc'1tcompetitors wildcatcompetitors wlldcitcompetitors ' . competitors to run o\er o er over \ and find destroy destroy.A destroyA . A remaining $125.000,000 125.000000 125000000 $125,000.000 125000.000 $125,000,000 $ . , , . goes tor for "gen gen "generul "general " "generul generul " . erul eral public purposes , . " which Includes Includesn includesa n a contribution to the e expense pense of mak making maktag makIng . ing tag waterways waterwa3 s out of ot streams which whichnature \ whichnature hlch nature made too thick thlel . to navigate and andtoo andtoo andtoo too thin to cultivateWhen cultivateWhen cultivate cultivateWlien Wlien When the raiiro rallro railro ids stop puylng paying puylngthese payingthese payingthese these taxes taes " { , as they \ will \ IlJ If the govern governI government governmeat governmcnt I ment meat owns them , the t1 taxpayers taxpa [ pa er erb : . will be begm begin begin gm gin Not a n single slnle . ; community In tbe the tbeUnIted theUnited theUnited UnIted States can clln escape the new U11 tae taeburden taxburden . burden ' There 1'bere 1bere ' will wllI , of eour course e , be an anI anoperating anoperating anoperating I operating deficit deflclt . A deficit of as little littleas littleas littleas as $ $350,000,000 350000000 $350.000,000 350.000000 $ , . , a year ear would be a pleas pleasant pleasant pleasant ant surprise , and that's thats ' another mllJlon million mllJlondollars milliondollars milliondollars dollars a day . A total additional addltIonnl t'1X t1X tax t'1Xburden taxburden fixburden ' burden of 20 cents a day for eery eery- eerybody e\ e ecrybody \ ery- ery erybody cry-body cry body - - body for the pleasure of owning the theraIlroads therailroads therailroads raIlroads would be a minimum pros prospectThe prospectThe prospect pect-The pect The . - ( The New Outlook Outlool ) ? - A RECOVERY FORECAST FORECASTBy By JDW : EDWARD AnD A FILLNE FILLNEMerchant FIL PILINGMerchant ND NDMerchant Merchant and EconomistBUSINESS EconomistBUSINESS Economist EconomistDUSINESS BUSINESS DUSINESS pledgingcooperaD is pledging- pledging pledgmg - coopera- coopera cooperatIon cooperation coopera--D coopera D - - - tion with the President , and andthere andthere andthere there is undoubtedly a more wide wIde- wIdespread widespread widespread - spread understanding that prosperity prosperityboth , both for consumer goods industries and anddurable anddurable anddurable durable goods industries Industnes , , depends bas has basIcan hasically hasicall ically Ican ) upon the bu buying Ing po\ po pouer poer power \ " er of the themasses themasses themasses masses There Is no telling , ho\\ ho how hoe howeverhow \ \ e\ e eer e \ er , , how far this promised co opeiation opelatlOn opetation wllJ will wllJgo willgo willgo go , and we cinnot c\nnot c nnot cannot ' \ e expect pect rapid 1m tin 1mpro tinpros 1mprovement pro\ pro pros proement \ ement einent until business busliless generanvacts generanvactsupon gencrallv generally acts actsupon actsupon upon this tillS nen nets undenstandino understanding under.talldln undertalldln understandingCongress undenstandinoCongress . : . ; Congress ttill will \ \ 111 arrane arrange . ; for nation nationwide nationwide nationwide wide unemplo unemployment lliLllt Insuiance insurance hlSUl ance . , and andplObably andpiobably andpiobably plObably piobably for old ' ige 1ge age incur'1nce incur1nce insurgnce { nsunnce : ; ' , . thor thorouhly thoroughly thoroiighly ouhly oughly ; sound business measures , and andmillions andmillions andniillions millions of Americans Amcrlcans \ v\ill v ill will \ 111 begin to tospend tospend tospend spend money \ which hleh they have bave not notdared notdared notdared dared to spend before satisfying their theirlong theirlong theirlong long accumulated accumulatedants \\ants ants \ " \ \ ants and Immedl mmcdi Immedlately mmcdiately immcdlately ately stimuliting stlmu1'1t1ng stlmu11t1ng stimulating ' business and pro\ pro pros proId pro\ldIng pro ldIng \ Id IdIng idin Ing in ' ; more emplo employment ment and mole more buy buyIng buying buyIng Ing PO\\ PO power POer \ \ er On the other otber hind h'1nd h1nd hand ' , , . con congress congress congross gress imy lD'1Y lD1Y may ' more than undo all an this good goodVorl goodwork goodwork \Vorl Vorl work \ ! : by flirting \ with \ Ith unsound radical radicalleglclntlon radicallegislation radicallegislation leglclntlon legislation ; , particularly currency in inflation Infiction Innation flation fiction BUILDING CHARACTER CHARACTERBy By H G CA\IPBDLL CA IPBDLL CAMPBELL CAIPBDLLrew CAMPBELLAew CAMPBELLNew ' \ r-ew r ew Aew - York EducatorIs EducatorIS Educator EducatorOS OS Is OUR youth today so weah weak weakthat weakthat . that he will falleasIly fall easily mto into mtocrime intocrime intocrime crime delinquency delmquency Ifschool if school is not notnIcely notnicely notnicely nIcely adjusted to his tastes'1 tastes1 tastes ? ' If he Is Isour , our job I lb is : . to make mal.e male . him strong , not notcater notcater notcater cater to hIse11 his eUness weakness \\e11 e11 \ \ lIess by putting him himon himon himon on a diet of educatiomi education'll educationll educational ' milk mill , . toastPerseverance toastPerseverance toast toastPerseverance Perseverance was sins \ ' fiS , and still Is , . I 1 hope hopethe , the motto that thnt hangs in every class classroom classroom classroom room It must be taken do down " nand nandreplaced and andreplaced andreplaced replaced by defeatism defe'1t1sm defe1t1sm ' In me'1surlng me1surlng measuring me'1surlngthe measuringthe meisuringthe ' the capabilities c1pabllltles of children let us not notjump notjump notjump jump at conclusions or make mahe umke quick de declslons decislons decislons clslons cislons Let us not mistake mlstahe misrake laziness or orwillfulness orwillfulness orwillfulness willfulness for lack of ability ablHty . By all aU means let us seek seel ( out Indl indi Indlvidual individual Indlvidual vidual Interests and measure Indhidunl individual Indhidunlabilities individualabilities Individualabilities abilities , . but at the same time let us usnot usnot usnot not lose sight of the fact fuct that throughout through through- throughout throughout - out life Ufe things distasteful dlstn.steful dlstnsteful . and thingsdl1hcult thingsdlflicult things thingsdlllicult dlllicult dl1hcult dlflicult must be faced and faced man man- manfuUy manfully manfully - - fully fuUy . , _ BETTER TIMES AHEAD AHEADBy AHEADBy AHEADBy By HENRY 1 I HARRIMANU UAR1UIANU UAR1U\IAN UAR1U IAN HARRIMAN \ U S Chamber of or CommerceTHERE CommerceT CommerceHERE Commerce T HHERE THERE HERE is much ground for forencouragement forencouragement forencouragement encouragement in 111 presen present presentbusiness presentbusiness t tbusiness business conditions With 2.000.000 2000.000 2000000 2,000,000 2.000.000le.s 2,000,000less 2,000.000Ies 2000.000Ies 2000000Ies , . . , le.s les less : . > s unemplo unemployed , } ed than at the lJeinnlng beginning beginningof lJeinnlngof . ; of 1934 W34 1034 1934lth . , si \ \\lth lth \ \ Ith farm Income $1.000,000 1.000000 1000000 $1,000,000 $1,000.000.000 1000000.000 1000000000 $ , . . , . , 000 more thin th'1n th1n than ' In 1 1931 1033 31 and $1,500 1500 $1,500000 1500000 $1.500000.000 1500000.000 1500000000 $ . , 000 . , 000 more than in 1922 , . signs slns : a are re hope hoperul hopeful hopetul hopetulMorcoer rul ful rulMoreo fulMoreoier Moreo\ Moreo Morco\er Morco er Moreoer Moreoier \ er , , profits of corporations ln in lncreased increased increased creased 70 per cent 0\ 0 o\er o er 0er offer \ er last ) iiar year Lar and andbu andbusiness andbusiness bu business iness and the go\ go goi goeminent gOernment \ \ eminent ernment are work working working workIng ing far better together I am urn convinced convincedthat convincedthat convincedthat that business busl11ess Is 1s prepared to accept th do dochallenge thochallenge ' challenge of a n some\\ some somewhat somehat \ hat ch.1nged ch1nged changed ch.1ngedorder changedorder changedorder changedorderMORE . order orderMORE MORE BUILDING NEEDED NEEDEDBy NEEDEDBy By Jr JF JI-SSL JI SSL - 8Sb SSL H JO-'L8 JO 'L8 L8 J01LS JO'L8R J01LSR JONLSRr : - ' R r C . . Chairman _ WHAT ITT'HAT ITTHAT ' HAT is needed to revive tn in m- m mdustry - . V " Y dustry , and what is almost almostcutam almostcertain almostcertain cutam certain to come cone during dunng the next next12 12 months . , Is a great amount of build buildIng building buildIng Ing Ing'lhere ingThere ' Ihere 'lhere lhere There is a greit grC'lt grClt great ' backuater baclater backwater bacl \\ater ater \ \ of bulld build bulldIng buildlug buildlug Ing lug projects th ( tint tht hit \t t \ huve 1111e bale 1111\ 1111 \ e be been .u u < . held up durin during upduring updurin ; tlie the last few . } ieirs yeirs e Irs Ihe 'lhe lhe 1 ' ' he dam damhis iltinihis tlDl 11 his 1'3 13 ' about reached the breaking breal.lng breallng . point pointand . , , and the backwater bact.wuter bactwuter . will be he relea released .ed ed < . in In1935 1\)35 1 )35 35 1935 \ . ) It cannot be held bick b'lch blch back ' an nny nnloii } lon lonir nnylonir , lf lfThere r lonirThere a\'illihletor a 'illihletor illihletor There Is plenty of cipltal c'1pltal c1pltal capital ' a mailable mailablefor \ 111 ' ' 1ble 1blefor < for It It . , and the th.e . fear of . using l.Slng lSlng t.slng tslng . It for tbat that tbatpurpo thatpurpose thatpurpo&eJ&jiIsappearlDg thatpurpoeJjiIsappearlDg purpo purpose & e b is & disappearIng . |