OCR Text |
Show This Week by Arthur Brisbane Paul Shoup's Companion Borah Says Save Man is New, Says Tord Mr. Cowl Advertises Managers of railroads and own -Managers u ctr)rks will be m- ers of railroad steW..Govern. terested in an aXis" written conditions of raif to what everybody is Jn would be. fthrgentould restrict them control them, meddle witf and hamper them as it does with the railroads. Those responsible for railroad management will realize the accuracy ac-curacy of Mr. Shoup's description If the proprietor of a farm were allowed to earn no more than si Per cent, if he were lucky enough. Tfean that he would nt like it If he had to keep his accounts purchase supplies, borrow nio.icy buy new properties in accordance with government orders and re-st"ctions, re-st"ctions, he would not like that. Nothing is more annoying, nothing noth-ing interferes with real success more than half way interference the system of cat and mouse control. con-trol. Many railroad men must feel, although Mr. Shoup does not say so, that government ought tc let those that know how to nm railroads, run them or buy them and pay for them, at their value and see what the government can do with them. Senator Borah, reminding the world that armaments cost thr world four billion, one hundred and sixty-eight millions of dollars dol-lars in 1930, suggests that such spending be stopped, for at least five years, among all nations, to let the world get its breath, financially. finan-cially. Senator Borah's pessimism is revealed in his statement, "If we can bring this about, it will be about the only advance we are going to make soon." The five-year saving suggested by Mr. Borah would amount to almost twenty-one billion dollars, enough to put the world on its feet, "if money can do it. But, like individuals, nations get the spending habit, hard to break. This Nation could afford to take Senator Borah's advice and set a good example, spending no more than might be necessary to keep its air and submarine defense in line with scientific progress and with other nations. A number of distinguished scieu tists, and Henry Ford, answered Adolph S. Ochs' interesting question: ques-tion: "What will the next eight-years eight-years bring forth?" and the last words of Henry Fords reply are as encouraging as anything that, could be said to the human race "The newest thing in the world is the human being. And the i greatest changes are to be looked i for in him." Bacon used to say, "We are the 1 ancients," meaning that the hu- ' man race had been so much long-. long-. ! er on the earth in his day. than in the days of the ancients. Bu: : i we, all of us, are mere children, i ; creatures of yesterday. . I Only 12,000 years ago, we lived Jin the late stone age, And oui , 1 greatest achievement was. a flint, ; well sharpened, a spear,' perhaps a bow and arrow, to kill the ene. my. Compare that "tool" witn the 150,000 horsepower steam engine en-gine that Henry Ford recently bought from Gerard Swope, presi- dent of the General Electric Comp , . any. Good times or dull times, this lule holds good: "Have what the people want, then let them know that you have it. In one word, "Advertise." That formula is essential, even to solemnly established institutions. institu-tions. Clarkson Cowl and his son, Don Aid Ham Cowl, are the fourth i owning and operating generation in the ancient James A. Hearn establishment in New Vnrk The Hearn store, celebrating its one hundred and fourth annivers- ary, began in a city of 160,000 in-, in-, habitants and now thrives in . city of more than 7.000,000. In a recent edition of The New York American, "Hearn" printec an entire advertising section, con tainig eight pages, more than 17,-000 17,-000 lines. Merchants wondering how tc "make business revive" migh write to Hearn's, tomorrow, and ask what happened. On September 23 the United States air mail celebrated its twentieth anniversary. President Hoover, and predecessor, Calvin Coolidge, and the postmaster general gen-eral are to be thanked for their encouragemeril of the air mail, most powerful in developing and encouraging the American airplane air-plane industry. Mexico has a good idea. Loan sharks work there, as elsewhere making the poor pay usury, up t fifty per cent and more. A law jut passed tleclares a three-year moratorium on all payment r loans, to professional money lenders lend-ers by wage earners. The lend ers must wait three years, will- no interest during that period. The drought, bad for farmers, has been good for some of th-old th-old timers. In the "Mother Lodt Country" of Northern California, old miners are panning geld the beds of streams that dwindled in the drought and they, are making mak-ing good wages. When the rivers rise they will have to stop panning. |