Times Herald from Olean, New York • Page 18

PAGE EIGHTEEN CLEAN TIMES HERALD FRIDAY, SEPTEMBER 1941 OLEAN TIMES-HERALD 186V M. U. FHZPATKICK I'lcslclciH and Publlsliei I-. K. I I Vice I'nvuli-nl Ociiciul A II. HKI.SHY. I i ot AUDIT BUttKAU OF CIKCULATION AMERICAN PUBLISHERS' ASSOCIATION CO. NEWSPAPER PUBLISHERS' ASSOCIATION A. SERVICE. INC. UNITED" PRESS A I A A I I I I ATIVBSt Son. 30 rtockofcllcr Pluza, New York, N. T. ilidilsan Chicago Market Kr.nclsco I'ubllshorJ by Olrnn Times Hcialtl Corporation A THOUGHT FOR TODAY Set thine house in Kings, 20:1. There is no man so good who, were he to submit all his thoughts and actions to the laws, would not deserve hanging ten A FOR THE AXIS Japan is either not ready or is unwilling to risk a clash with the United States. That is the only construction that can be placed on the safe arriva'l at Vladivostok of thejirst of four American tankers, laden i aviation gasoline for Soviet Russia. The Japanese navy could have stopped this vessel very easily, and taken her into a Japanese port. That it did not is evidence that it had received direct orders from Tokio not to interfere. A i American attitude, coupled with Prime Minister Churchill's declaration that should the United States find itself involved in hostilities in (he Far Hast the British Fmpirc would immediately range itself alongside this country, apparently has had its effect. Both the United States and i a Britain had made it perfectly plain that they were prepared to go the i i in protecting their interests; and apparently they have now won a diplomatic victory of the first magnitude. For Japan knows that, already exhausted by the four years of war in i a it would he suicide her to engage in conflict i the i States and (ireat i a i and probably Russia and the a Fast Indies. has begun to give and a i once begun, it i be very i i for her to reassume her former i i a i tude. The should constitute a very good object-lesson for us and other democratic nations. One of the inosl ways of preserving peace--which is a all of us a to do--is to be a prepared to a any a may arise, and lo leave no in the minds of others a the willingness to do so i be present, too. i is a way a i some i i people i mistake for provocation, and a ing," but it isn't. It is merely a i a i to stand i at all costs, for a is i a i a i may arise in the Far Fast before the clouds are dissipated; but now (here would appear to be much less i i of a a a a in i i would be engaged a A a the ca.se even a ago. The safe a i a of a A i a a at a i has made all the difference. STY Ml I The a i of Lewis, President of i for I i a Organiza- i and head of the i i Workers of America, to gain control of the potent i A i Workers union at the i of a i a recently, suggested many observers a a a i i bushy- browed Lewis to regain the presidency of the CIO would prove a a i Now comes a i a seems to point in the same direction. The day in Camdeii, New Jersey, the i of the i Flectrical, Radio and Machine Workers of America an a i i a of CIO) passed a resolution bv the i i i i vote The resolution seemed innocuous enough. It, stated a "this i approves the policy' of the government in declaring a the defense of this country requires a all possible aid be given lo Great i a i the Soviet i China and other nations resisting i i and urges the C.overn- ment to pm this policy into effect i all possible speed and energy." To get the full i of i resolution, it is necessary to remember a L. Lewis' has been vehemently opposed to the President's foreign policies and especially has inveighed against aid to Great Britain and other countries actively opposing a i a i a aggression Not only that, but Mr. Lewis was one of the signers ol that now historic declaration of "isolationism" which was sponsored by a group of or fifteen prominent figures former President Hoover among them. The adoption of the resolution by the Flec- trical, Radio and Machine Workers not only was an overwhelming expression of sentiment regarding material aid to the anti-totalitarian nations, but it constituted a very emphatic rebuff to Mr Lewis-- seeing that the delegates realized fully just on what they were voting. ECHOES OF THE PAST THEY CANT DO THIS TO MEr 3, I More limn tickets wold tor the week-end excursion to Buffalo and Toronto, Thomaa Dolan, former Oleitii alderman now with the U. S. CiiHtonia Service, returns from is'cw York City for a vacation, Allan Delia Qulgley pttanes the New York State examination for cmbalnicra and receives her license. September .1, I 1 I and Mrs. John SchoU lire injured but their threo Hinall sons arid another boy ruling will) them escape unhurt when their horse ia frightened by a street car and runs away. Glean Nesl of the Order of Owls ia organised with 300 Al. C. Kitzpalriek. treasurer (i nil business manager of Uio Kvemng Times, is elected chairman of the Republican County Committee. unit I'olicc Chief arrcsls niiin of having committed a murder in Bing- liamton. The i revivals being conducted by the VomBrucli brothers arc attracting capacity crowds. Company the Mexican bolder, Hcnd.s its thanks for I lie cigars received in tlio Times box i Jack Uitiley and his employees. Scpl ember The annual picnic of Glean Crantfe No. 79) and WIJM.S of Valley is attended by more than 200 at the Godfrey m. Captain Lily Paul and Lini- i i i a A Tayloi and Doty l.iltr charge 1 Salvation A i in Olean. Dr. .1. A. of Olean Mi's Ray A i lormcr Buffalo city champion, with a in the Western New York Amateur Golf Toui- i i Si-pli-nilter I Twelve lypewnter.s a i iiii.H.sIng fi "in commercial i i i of Glean i Hi'liool Tin- i lU-v. Ui-an K. .1. eulei tains Senior i ol a al Fount a i Two i i of a Basket stores i i i liren a i a i a i I'm It by Mr. a i I-', c. Tlinm.i.v September Tin- i i a jteries nl meol- I tn cope i I be local problem i I be l-'nl I and i Is i presiding. Clwrloa Wedlock and A i Coriin.son, i a and accordion imihicinn.H, win first prize in a nmlobf conducted by a a ladio station. JSrplt'mfoer 5, IJtUI! Miaa Green of Bolivar, who wsus recently named Mis.i Clean, eliminates all other con- I ron i Western New York in a contest a i i enter the national Ali.s.s contest in A a i City. .1. K. i formerly ns.sn- cuik'd with the I5thinpinn con- Mil.ir i i givo.s a lecture on I he of that i i i to the Olean Stamp Club. Richard I a i i i novelist. in lo sponh in Oloiin under tho auspices of YMCA. WASHINGTON LETTER Meet Mr. Mile- Perkins- Hard- Working Sick Man EDITORIAL OF THE DAY mi; A i i i a i i llno.s a.s giant, whose h''lp i i i i i i i a bit's i a i Clapper Jrom London in i i i i i i i i on the i i i i.slc.s. "Tin- I i i-. a the a ol A a i i i i i i i i i mi in-low i i it to b- ami far I a i In- i i i i i i a i a i impos- i a I I or home to discuss this matter. "Km my I i wo could i a i a i i or i i i lot a low iiionth.s ami iju nl the job of i i i i i i i i volume nl liii'li arc capable If we i mil dn i in I ni-sl low a heave those goudn over i i i Un.i.sm i A i i i a production i i i a i i i i i i a i preserve," I i i i Prom i i i if tho a i a i i a i as well 1 cillxoiih i i i would lollow llaymoiul Clapper's advice, the i of pa i wtn rie.s the would solve itselt. Tho a pa I by IN duo to liicli of coiil nil-lire HI our leadership, lo the In a i i a i Rut the country is i to i a aid I i a i a i on i i should bo "all i I i i i Kvonmc a TOTAL TOTAI, A i i i i i i oi wo.illh on an i tterly icckle.vs scale is in koopmg i the dlmoimionti of a wnr waged on a pattern beyond a i known in the past. Dosti'iii'liim of tho Uniepor River dam. one of the world's mlghtiosl onglnoonng works, by the Russians is merely an mi idcnl in ii convulsion ol battle in which men and machines are molt- on tuvcpt sen. Great monuments of civilization i look yoars in tho building are blown to bits in a i i yon i of piogroHS aro hurled back into chaos. Ueslrui'lion of tho grout Dnieper River construction will have a a i a Irngii 1 moaning to Americans, for it WHS an American iMiginoor, tho late Col. Hugh Cooper who supervised tho building and Auiorwmi machinery was installed for its operation. When completed In 1WJ this project, designed i a to i 70.IHH) squaro miles and sixteen million persons with power and i was tho largest in tho world. It has since been surpassed by Koiildor Dam, the Shasta and Grand Coulee dams and the Tonuossoo Vtilloy development. Its new cost was close to 111) million iltilliirs, it WHS hailed us it of tho now industrial Russia. Commensurate i tho appalling material loa.s represented by tlu- destruction ol i dam Is Iho a toll, estimated by lorri-spmulontN at almost million or captured. appoars lo bo gaining his coveted victory--at least to the of capturing KuMiiiin koy cities-- but at cost thai must stagger even tho most fanatical followers at homo. After two monlh.s nl i a i effort ho has apparently conquered a fringe of Western Russia, but the Russian army, from i.ll reports, is still i i i and it l.s impo.vsiblo to believe that Hitler will follow it back lo tho Urals, whore the Russians have fu-sh. vast reserves nl nu-n and materials. Hitler's victories bear all tho appearance of Pyrrhic ones-purchased at enormous price that his whole military machine is weakened. Kvon If his casualties have boon only half what the Russians say they aro, they nrc still greater a he can afford. Kvcry tiny of resistance by tho Russians drains a much strength awitv from tho Nnxi menace to the -Ithaca Journal. IS THEY A Now Is Iho Hun: for wage- onrners to get out of ilobt. Marrincr Kcclcs, KodiTnl Reserve Board chairman. I'rvsldent Iws the country out on a limb now, mid we have got to strenRthen the tree at tho base. A M. Undon, IKW GOI 1 lirtaldcntUl candldalf. Koud is strength, and our objective is food for all defenders of freedom. a Agriculture Claude U. Wioktml. becomes my duty lo tell you that the party is over, Leon Henderson. control administrator. By I KIISOX WASHINGTON-- The lellow who picks out the names of new government agencies should give more consideration to their alpha- het'cal initials so they could be more easily remembered. Take the Economic Defense Board, the policy making group headed fey Vice President Henry A. The letters E-D-B don't spell anvthing that can be pronounced by a linguist less versatile than a tongue-twisting Turk. If the outfit could have been named Defense Economic Board, IJilB would have mount something- and had a certain amount of siKi'ii'leancc, now that Bronda Kelly is a sedate matron. Board of Economic Defense -would have made a good BED to lie in, but that nihjht be too significant a name for the bundling of cabinet officers in their pillow fights, ma tress-jumping and cover-kicking rsfiipades all-out economic, war. However KDB has been meeting every Wednesday morning in the vice president's' office since the board was created by PrcsUlc.nl Roof u'l 1 a lew weeks ago. Just what the board has done in these gab H-sis II hs.s kept to itselt. And while all the cabinet-member members except Kranlt Walker and Madame Perkins have been fairly i eg la attendants, the real work of the 'board won't get going till its executive director. Perkins, Cully recovers from Ins appendectomy and i.t able lo start swinging'. A i A DIOCING Indications are that the a i will lot the executive director do Itlie work. Perkins is still confined to his house by doctor's orders. but his exceedingly active young mind has been racing all over tlu globe and of late he has been calling his henchmen in the Dep a of Agriculture, where he heads the Surplus Marketing Administration, demanding data and doing some home gardening in the fertile fields of speculation. Announcement of the creation of BOB was the signal for any number of bankers, business men and broad brains from the col- lejxs to offer their services. They.seem willing and oven anxious to serve their government for a dollar a year or for nothing, plus expenses of course, so Milo-- you have to call him Milo so he won't be contused with Madame Perkins will huve the pick of some of tho country's most able economists. At present, it is Milo Perkins' idea to keep this staff small. i wants to be his own liaison man. and if he runs EDB the way he ran SMA, he will be all over the place. Established government -State, War, Navy, Agriculture and Commerce will do actual waging of the economic defense, but Milo Perkins will phiv an awful lot of quarterback for the team, a position at which ho has already demonstrated talent. Ho is known ns one of the hardest working men in Washington. Ten (and twelve-hour days, with a cup of coffee brought into his desk every few hours. Then an armload of detail work carted home every mght to shape up things to be done the next day. Six years at that pace was really his undoing, and a few months ago he had to quit, go under that knife and clear up aomc organic disturbances. Milo Perkins' two big accomplishments in Washington have ln-M) the food stamp. plan, which he conceived and organized, and the food juul 'igncultural products purchase plan for the British, which ho orgnmzed. In addition to these, he has been in charge of nil mti'kctins agreements and the program for removal of surplus crops. Tf "Food will win the war," as Secretary of Agriculture Wickard has stated. Milo Perkins knows his weapon as do few other economic warfare soldiers. I IIUSINKSS AM) NMV DKAI, Since Milo Perkins was named as director of EDB, there has boon a new interest in his speeches and writings. He is only forty-one. selfmndc buwneas man, a telephone salesman while woiliiiig iii.s way through high school in his home town of Milwaukee, then a bag salesman in Texas, and at twenty-seven, without a college education, president of his own bag- company in Houston. Unlike many self-maders. Milo Perkins still remembers his own tough times on the way up. It was only natural that when I Vl 'kins quit his business and came to Washington he brought along a hard-headed business approach, tempered by social consciousness and a dosure to give a better break to the underprivileged. As a i hand to Henry Wallace, he fit like a glove, He has reputation for being able to influence any kind of group, business men. farmers, families on relief. His views on wonomios are somtimcs unorthodox. "I don't give a damn what tho economists tell you," he has been known to say. "The common and the facts and this is the way we're going lo do it." One quotation from Milo Perkins, new director of the Economic Defense Board, perhaps expresses best, the ideas of the man who will guide this important government agency in waging economic wni fare--now, and perhaps after the war is over: "Tn every civilization of the pwrt, bar none, if you took the most lh.it it wns possible to procure and divided it among all who wert alive to share It. the answer was always a lousy standard of living. "Within your lifetime and mine, however, we have entered an or-i dominated by the. machine and the test tube in which. If produced all that we could and divided it among the people who are here to it, we would come 'out with a very good standard of living for the first time in all history. "That's the moat important material thing that's happened tho race since the discovery of fire and the invention of wheel." Whether Milo Perkins ran organiie a "food plan" to world, to bt War Profits? Not This Time! WILLIS It would be taking in too much territory, obviously, to suggest that no "war profits" are going to be made out of the war itself or the defense drive in the United States. Probably some men will make a lot of money out of it in one way or another, and some few of those may even keep some of it after the tax collector gets through. Some men have that knack, and one hears an occasional rumor suggesting that even in Germany, Italy, and Russia a few shrewd ones manage occasionally to rake in a few, marks, lire, or kopecks. It is probably inevitable that this will happen in a few instances. It is not going to be the rule this time, as it was in 19144916, the first two years of World War I. Best evidence is the rather remarkable performance of New York Stock Exchange stocks during 1 the past two years. This has happened, and it is almost unbelievable: The New York Herald-Tribune's composite stock index stood at 101.18 on August 31,1939. Two years later, on August 31. 1941, it stood at 101.12. In other words, except for a rising flurry at the start of the war, and an almost exactly equal drop in May. 1940, when France collapsed, the stock market simply hasn't shown any reaction to the war at all. It stands after two years of the war exactly where it stood when the war started. To anyone who recalls the feverish market speculation of the first two years of the World War; when there were no restrictions on neutral trade, and the munitions industry fattened on war orders from the allies, this seems incredible. In 1914 the stock exchange had to be closed, lest the rush of speculative trade overwhelm it. Today the problem is to keep the exchange open, so light is trading. i If it means anything, it means that nobody believes that the large companies whose stock is" listed on the exchange are going to make any startling profits. While practically every one of them is working at capacity, and most of them showed increases in profits of some twenty per cent, over 1939, even with that increase the profits are not impressive, and not spectacular enough to encourage speculation. It would be too much to claim that defense is being achieved without "war profits." There may be, and probably will be some. But not on anything like the World War I scale and not as a general thing. The "take the profits out of war" campaign may not have yet achieved 100 per cent, success, but if the people who buy and sell stocks are it's evidently gone a long way. JT A 0 SKA This is a salt steep-cobbled town whole every morning the men go down to breathe the sun-wet sea: where maples the sloping street and the dawn-cool reek of fog is sweet in the dooryard chestnut tree. This is the place where fishermen stride down to silver wharves again, to the creak of the waiting hulls where a lifting leeward wind comes through and a shaking sail with a patch or two is followed by flashing gulls. This is a small brine-weathered town where-the houses lean to winds gone down tho other side of the world, where chimney smoke floats blue to gray, piling that creaks with ended day while the snagging ropes arc hurled. This is the place where fishermen stride up the cobbled hill again and scan the faint-starred skies, where doors stand open to lilac-shine and supper-drift blows warm and fine and windows have seaward eyes. --FRANCES FROST. in The New York Times. SIDE GLANCES "Mow abvul it, younf wt ready lor tut?"