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Show This Week By ARTHUR BRISBANE SITS UP; FEELS BETTER. EDISON'S HAPPY DAY THE PRESIDENT'S PLANS TAINTED FOOTBALL Wall Street felt better, sat up and took notice, feebly. The question is not "WJiat had happened hap-pened to those that gambled, in spite of warnings," but "What, if anything, has happened to the nation and its general prosperity?" A. James Simpson, of Chicago, head of Marshall Field & Co., comes Into contact with thousands of merchants all over the country, knows what business busi-ness they are doing, and understands jrcnsral conditions as well as any man in the United States. He replies to a question thus: "I am a firm believer in the doctrine which you preach. Don't buy on margin mar-gin and don't sell America short. The present liquidation in the stock market mar-ket is not due to nor does it reflect business conditions throughout the country. In the long run prices of securities se-curities must be determined by their yield and earnings on an investment basis. I believe basic business conditions sound and that production and consumption con-sumption of goods in most lines have been fairly well balanced. Beyond this there appears to be no evidence , of speculation in commodities such as that which occurred in 1920. The present liquidation in the stock market was inevitable and unless it goes too far and becomes too drastic, I am inclined to think will be helpful to the business busi-ness situation rather than hurtful." i i The nation reads with affectionate sympathy of Mr. Edison's visit to Dearborn, Dear-born, where Henry Ford has rebuilt as it was in the old days, the simple Edison laboratory to which men owe 60 much. , Mr. Edison was deeply moved when he saw his old tools, the chair in which he sat in his early youth, his primitive paraphernalia reassembled as used fifty years ago when he developed the idea that now lights the world. Every old man can share Mr. Edison's Edi-son's emotions. The human heart is the same, with or without genius, to lend it a great name. A million among those ' that see this column today carry with them memories of youth a shell bark hickory hick-ory tree standing alone in the field, a grove of chestnut trees with yellowish yellow-ish green burrs open, showing the brown nuts within, a pond that held shiners and catfish, a swimming hole, happy memories of a free life and ? boundless hope. President Hoover, with professional delight, in a fine engineering work, praises the all-year-round navigation development of the Ohio river, now completed. That development of the Ohio river is a beginning of many similar projects pro-jects that need attention. How many will President Hoover put through? No man ever had greater opportunity or better equipment for using it. . The Gulf of Mexico should be connected con-nected with the Great Lakes, via the Mississippi, the Lakes with the Atlantic At-lantic ocean, by canals suited to oceangoing ocean-going ships. Discussions as to all-American or partly American and other canal technicalities tech-nicalities should not delay action. Engineers En-gineers might yet be discussing the choice of a sea level or lock canal at Panama, or the comparative advantage advan-tage of Panama and Nicaragua. Roosevelt, brushing all that aside, went ahead and built the canal. Building Build-ing is what counts. i The Carnegie Foundation says college col-lege football is "tainted with money." Free teaching and cash bonuses are given to young men that can kick hard, run fast and tackle savagelv. It would be more pleasing if colleges col-leges sought great teachers as eagerly as they seek great quarterbacks. 1 ( No great harm is done. The games and great crowds arouse young men's interest in college life and give college eaucation to young men from rolling m-ils and rear ends of ice wagons, mat might otherwise remain uneducated. unedu-cated. Haldane, eminent British biologist, says the negro race in America will gradually die out because negroes move w big cities. Had they remained in we country, says Haldane, they might gradually have equaled the white in number. But city life kills them!. ustatem-nt appears to be con-iirmed con-iirmed by statistics in New York City. , -Hie death rate in the negro section IL cent hgher than throughout the city as a whole There are 300.000 negroes in New : rK City. and the health problem a a serious one. thThofe that have been waiting for to h automobile are now advised o ouy another dearer car that they "n really get. Plans for producing a neap car are vague an(J wm not tim Ize in a"y case fr a lon!? me. Nobody able to run a car should ' -. W1"wut it, even for one year. |