Lincoln Journal Star from Lincoln, Nebraska • Page 4

20. Mnroln Evening Jouuml State Journal Cytlic's Collier Editorial Comment Nebraska Achieves Air Age No one on the Frontier had to be told the importance of the coming of the railroad, but few today the CAB decision to inaugurate local air feeder service in braska will have a similar tremendous impact upon the State. More and more people will travel between Nebraska points by air rather than car, bus or train. Mail, drugs, express, checks, and many inventory items will be expedited. For the first time a Lincolnite can travel to western Nebraska, conduct his business and return home the same day.

By the same token, the State House, the University and other Capital City institutions will be within a comfortable one-day round trip of virtually any resident in the state. Western Nebraska, transportation-wise, will be annexed to Eastern Nebraska. Even more significant, perhaps, is the at-, traction the air service will have for industries looking for new locations. It hat long been felt that Nebraska's inadequate air transportation kept some industrial firms out of the state. 'Ute It, or Lose It' With this bright prospect, however, comes a responsibility for Lincoln and other towns on the route to make sure Nebraskans take advantage of the service.

The state has seen what happens to railroad lines which are not used sufficiently--they are dropped. In approving the local routes, the CAB made no bones about the experimental nature of the system. "Use It or lose it," they warned Nebraskans. The state, in fact, is something of a guinea pig for the nation to see if towns the size of Ainsworth and Imperial, or even Kearney and McCook, can support regularly scheduled airlines. Chamber of Commerce, civic groups and other interests in towns on the routes have a real job of stimulating air traffic, making airports as attractive and accessible as possible to residents of smaller nearby towns to use the new service.

When a CAB examiner said Norfolk, (pop. 11,335) was too small for regular air service, residents of that city, along with the State Aeronautics Department, got a test route installed and made him eat his words. With the proper promotion and education, other Nebraska towns can show the same interest. Frontier Nebraska welcomes Frontier Airlines. This dependable carrier is already providing service of high standard in Arizona, New Mexico, Colorado, Utah, Wyoming, Montana, and North Dakota.

The new routes awarded by the CAB in Nebraska, Kansas, Missouri, and South Dakota will add 27 new cities and represent a increase in the 3,617 air route miles Frontier now serves with its DC-3 equipment. Welcome of Frontier should not exclude Braniff with its through-service DC-3 equipment. Braniff Service The suspension of Braniff service at Lincoln would seem a serious omission to Braniff, the City, and the traveling public. Braniff now has 5 flights through Lincoln connecting with its 49 points of trunk service in the United States, and its international flights to Latin America. Metropolitan Lincoln is the 150th largest population market in the United States and larger than 19 other points served by Braniff.

Lincoln compares favorably with these mid- western points not removed from Braniff routes: Sioux City, 174th population market; St. Joseph, 198th market; Colorado Springs, 177th market; and Sioux Falls, 223rd market. Many Lincoln people use Braniff to the Dakotas, Twin Cities and Oklahoma-Texas areas. And many people use Braniff to Lincoln because of the State Capital and Universities. Topeka Service Refusal of a direct Lincoln-Beatrice-Topeka route seems a passenger hardship.

Such a 1-carrier with intermediate stop service is 90 miles shorter and saves 2 intermediate stops and more than 1 to 2 hours over the circuitous route of Lincoln-Beatrice-St. Joseph-Kansas City (change planes)-Topeka. It is hoped that both the State and Lincoln will prevail in keeping some Braniff service into Lincoln and in direct Lincoln-Topeka service. A MOMENTS THOUGHT John 14:6 JfHiit xiiith unto hint, I tint the icoy. the truth, and the life: no ninn conifth unto the Father, but by --Selected by Rev.

J. Dallas Gibson First United Prebyterian Church Is Nebraska Different From Other States? Convening in Miami is the National Governor's Conference. Gov. Meyner of New Jersey probably spoke the sentiments of the majority of governors when he said that the failure of state legislatures to respond to needs of city dwellers was a major reason for seeking federal aid from Washington solving local financial problems. Gov.

Meyner predicted there would turning back of federal taxes or grants-in-aid functions from the federal government to the states or cities until state legislatures faced the problem of reapportionment at home. "As long as the state legislatures represent acres and not people, they are not responsive to urban needs," he said. Then, Gov. Anderson of Nebraska was quoted by the Associated Press as saying his state lawmakers were responsive to all elements of the population. Is such actually the truth? Present representation in the state Legislature is based on 1930 census figures and each district originally averaged about 30,000 population.

Today, legislative districts vary from 20,000 to 85,000 in population. Only 13 of the 43 districts are within lO 1 of the original 30,000 population. About 17 are over 30,000 and 26 are under 30,000. In Omaha alone in one district almost 5 times as many voters elect one senator as elect a senator in another Omaha district. In Lincoln, 3 times as many people vote to elect a Lincoln senator in the 20th district (southeast portion of the county) as elect one in the 19th district (southwest portion).

Nebraska's Constitution says: "The basis of apportionment shall be the population, exclud- ing aliens, as shown by the next preceding federal census. In like manner, when necessary to a correction of inequalities in the population of such districts, the state may be redistricted from time to time, but no oftener than once in 10 years." Nebraska's 43 legislative district have never been changed nor redistricled since establish- Tnenl of "the Unicameral Legislature in 1933. Two federal censuses have come and gone and a third will be taken in 2 years. Between 1930 and 1950 the farm percentage of the total Nebraska population has declined from to and the percentage of population in urban areas of more than 2,500 population has in- ci eased from to The several times since 1933 that bills for redistricting have been introduced in the state legislature, they have died in committee. There obviously has been as much resistance In Nebraska to reapportionment of the Legislature as in the other states.

Military Pay Bill The final signature is on the military incentive pay bill and the President and Congress must be commended for sticking to a principle in the face of a military payroll already over $10 billion annually. Raises in the new bill will add another half billion to that figure on paper but in terms of keeping a professional armed force on the job in times of crisis the increases, including the incentive provisions, will easily be recovered. The bill's effect can be detected best at an installation such as Lincoln's Air Base whose highly-trained personnel are a majority and who may now realize their nation appreciates their continued service with more than gratitude. MflllH fimiiiHiHiiniiiiiiiuiiiiiiiniiiiuiiiiiiiiiiiiiMMiiiiiiniiiiiiiiiiiiiniiiHiiiiiiHiiiiiiuiiifiHiiiiuiiiHiiiiiiiiiiiiiiiiiMimimiiiiHiiiiimiiiHiniMniiHHHM DOROTHY THOMPSON'S Views Planned Economy, or State Capitalism Nationally and internationally the U.S. and the West are in the midst of a serious ''time of troubles." Nationally, we are in an economic crisis in which we are trying to run a planned economy (directed by big government, big business, and big labor) on the basis of political democracy.

There has always been a question whether this is possible. It requires decisive actions, hence exercise of firm authority, and more au-i thority than this administration with an opposition ma-1 Jority in Congress is able or even wishes to assume. Economies regulated by the market's laws of supply and demand (classical capitalism) have been cursed by the so-called business cycle, in which surpluses lead to unemployment, unemployment to a fall in wages and prices, and subsequently readjustment and a swing upward again. The goal of all modern capitalist economies is to avoid this by government investment and when times are bad, easing up when recovery begins. In this Keynesian theory government does not go into -business in any but the they begin to manifest themselves, by credit and tax policies and investment in public works.

Limited But there is obviously a limit to pump-priming possibilities. A planned economy requires not only active decisions but also, flexibility. Our successive governments have gone beyond the possibility of flexibility in terms of retrenchment. Government is not manipulating business as an arbiter. It is itself the largest business in America.

The socialized sector of the economy is outrunning the private The largest part of government business is in preparation for war, or "defense," into which, the entire economy is tied. With our present international policy it is impossible seriously to retrench in this area, and thus set free tax money for fresh initiatives. This column does not quite understand what all the fighting between Capitalism and Communism is about. This country is moving steadily toward state Capitalism (along with the rest of the world) and Communism is just state capitalism with longer experience. TIM fttH toe.

I'm In tympathy ttith your idea, I ttiU feel there are other ttmyt to get ttudentt Intereited In a career In Mclencet" Illlllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllltllllllllllllllllllllllllllllllll MORE OR LESS PERSONAL A different concept on whether. Gen. Charles De Gaulle will take over the French Republic It offered by the Wall Street Journal. Approaching the problem from the standpoint of how healthy is the Frenchman's economic situation, which could bc tne kev factor the complicated Available equation determining whether France is to have a revolution, the Journal reports French workers are currently enjoying tremendous prosperity. Less than I7c of the work force is jobless.

Auto sales are soaring. Steel production is setting records. Such factors do not insure that parliamentary government in France is safe. But they do place Gen. De Gaulle in an awkward position.

He cannot use economic conditions as a reason for a coup d'etat and he must probably rely on the army to seize power by raw force. "Available Jones," the humorous but lamentable cartoon figure, has nothing on De Gaulle. For a price, just like Jones, De Gaulle will do anything--even lead his floundering nation out of its apparent state of; chaos. But there are many im France and among France's: friends who wonder if Dei Gaulle's price might not too high for a free society toj pay. Many others wonder if a wartime hero figure alone is enough to stir the French to! sacrifices necessary to end; their nation's political, economic and moral decay.

De Gaulle Practical Frenchmen know their troubles can't be simplified and solved by breast beating and old slogans. France's illness has been repeatedly diagnosed but the physician nearly always shakes his head in despair. The French have never quite been able to accept the idea of adjusting as a second or even third rate world power. Many of her leaders still consider the U.S., Canada, Mexico or India, for example, as childish upstarts and appear to dream of France's glorious past. With an economy that should be geared far below some of her neighbors', France has tried valiantly since World War II to maintain an appearance of boom and progress.

She has had scientists working on expensive atomic and other military weapons, but has had to run periodically to her allies for loans to tide her treasury over until the franc could be devalued once more. France has insisted that her allies keep troops in Europe to protect her from her enemies but has failed miserably to keep up her end of the NATO manpower bargain. Grasping frantically for strength and prestige, she has fought bitterly the inevitable dissolution of her colonial "empire." It isn't at all strange that thoughtful Frenchmen doubt a name alone can jerk their beloved country from its dream world. No less than another Bonaparte might find the job too much. With all of this turmoil keeping the world tense the spotlight is on Pierre Pflimlin, France's 25th premier who is attempting to bring some order out of chaos in France.

Pierre Pflimlin, 51, hails from Alsace. He is tall, well-built with clearcut features and silvery hair and looks more like a handsome German officer than a French politician. He is described as honest, straightforward, uncompromising, bad tem-j pered and efficient. When gives a pledge, he sticks to it.j When he says no. he no.

He is famous for seldom' saying yes. During the war, as a district attorney in Thonon on the French side of Lake Geneva, he drew the admiration of the neighborhood by refusing to buy anything on the black market. Son of a wealthy textile manufacturer, Pflimin started his career in reconquered Strasbourg. He fought well for France during World War II and won the military cross. He got into politics soon after the war as deputy for his native Strasbourg.

Since 1946 ha has been a minister 15 times. Twice he tried to form a cabinet himself and twice he failed at the last minute. Pflimin's political program is severe, ascetic, realistic like the man himself. If he is given time, the French will learn what Germanic discipline and self-imposed austerity mean. The chances are they won't like it a bit and won't give him time enough.

Pflimlin is a staunch supporter of the Atlantic Alliance and can be relied upon not to play footsie with the Russians. This is the man two whom France gave emergency dictatorial pawn. Pfimlin Public Mind Unslmed letter, are not tetter. moil effective If brief with writer's full Lrttm be published over pen namt or Initial, only If ftccompuled by the writer's name and use pea nune. to not letter, erltlwi of Individuals.

Tho Journal reserve, tho rlfht to condense retainin, tho point Letters merely campaigning for or local for office are not wed. However, when one considers that this is a supposedly educational experience supervised by the school, a different view must be taken. Have the schools assumed Sputnik Sighted Pawnee City--I wish to report sighting Sputnik III over Pawnee City Saturday evening, May 17. It was first noticed slightly thaTgeneral disorder is neces- to the west at 8:23 p.m. and sary to ur ne "life adjust- disappeared in the south at me Or are school people 8:30 p.m.

It was visible to the naked eyes as a medium bright star. Binoculars were necessary only as" it disappeared in the south. My wife and son also distinguished it clearly. It flashed on and off as a moving streak of light at about 3-second intervals. LOREN M.

GREINER Police Funds Lincoln--It seems to me that when so many men are out ot work our Police Dept. would keep their wives at work make that $5 to $8 for tagging cars. The men would like that. If our city hasn't enough revenue to pay our i let's vote funds to raise their salaries. A.

0. COLMAN Noisy Boys Lincoln--I live in a hotel that was the weekend headquarters of coaches and boys participating in the state track meet. The noise and rowdiness of the groups kept the other guests awake most of the night. It would be easy to dismiss the occurrence as just the natural exuberance of in such a state of confusion as to what their role of responsibility is that they are unable to think through the problem? I hate to think that the authority of the American teacher has dwindled to the point where he is impotent in the face of boisterous children. If that is true, then it is a unique phenomenon, occurring in no other country on the globe.

R. C. Neglected Asset Sacramento, Calif is not entirely true that America's- World War II record was due to our natural resources. Asia, Africa, and South America have deposits of mineral wealth, for example, that exceed ours. There is one asset, however, that we are as careless about using as are the backward peoples their resources.

We neglect the winter sunshine of our great arid Southwest. If kiddies continue, even as adults, regularly to go into the healing peace of the desert, they will gain clarity of vision and will acquire a philosophy that will make for better laws and better living. C. M. GOETHE Give France A Chance Lincoln Gen.

Charles de Gaulle saved France from ig- nomy after Petan's perfidy in World War II. Perhaps he can rescue her again from her many warring actions, caused by the war. After the fall of France she was ignored by her own allies, having no representation at Potsdam. But our President welcomed dear Old Uncle Joe Stalin with open arms and finally gave nun all the countries now behind the Iron Curtain this against the protests of Churchill. Today, as then, the U.S.

seems to be opposing the efforts of De Gaulle, warning he may ally himself with Rus- ings to us. But De gaulle is fighting the Communists in his country! Remember, had England and the U.S. heeded the frantic warnings of France there need not have been either World War I nor World War II. Now we sit back and scoff at her troubles, the nation that has done most to prevent Europe from going into a second Dark Ages. No nation has been so ravaged as she 3 times since 1870.

Why not give her and De Gaulle a chance to put her back in her rightful place among the nations of the world? E. R. TAYLOR iimiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii mi iiiiiiiiiiiiniiiiiiiiiiiiiiiiiiiiiiiiiiini i ii iiiiiiiiiimiiniii iiiiiiiiiiiiiniiiiiiinia There Oughta Be a Laiv! slurrten THAT ALL? JUST EUOUGrf TO 8lN A 600 COPIES PROFESSOR YOUR Ds.THAPPEUS EGGHEAD ullTH MORE DEGREES THAW ATHERMOMETER.TAKES PERHAPS MV NEXT SOOtf- SIX MILLION WANTS TO BUV IT FOR A HOW SOOM CWJ HILE LUCIUS LIMPMOODLE, WHO BARElS CCEPTOUTOP HIGH SCHOOL, WOC OUT A LUCID NOVEL AND SELLS 632 ARFISLO TOPEKA, KM. Investor's Forum Money Down the Drain By Harry C. France Jack Monro, age 32, a skilled, hard-working and thrifty metal worker, saved $800 in three and a half years.

Then, in 1957, a broker in promotion stocks got him interested in ore equities. Jack's work and these shares had something in common. He took $350 out of the bank where he was receiving in interest yearly and bought 1,000 shares at 35 cents a share. The broker painted a rosy picture even leading Jack to believe he might make a small fortune on them. Well it is May, 1958, and his shares are now 15 cents, if and when one can find a buyer.

And Jack asks: "What should I do?" The broker has lost interest in the shares, being busily engaged in other promotions, other speculators. It is ironic that far too much of the time rank promotional stocks saturated with risk get into the hands of small investors and the 'blue-chips' go to the experienced and well-to-do investors. The stuff that Jack Monro buys wouldn't stimulate the slightest interest in well-informed investment circles. YOH Must Know The Rules A poor educational job is being done in America among small investors who should leave their money in banks at interest until they understand better than they do the rules of sound investment. Savings banks should head up a movement of such education.

Yearly, thousands of bank iiiillillllillllliiliiiiiiiiiiiinmrnimunmiiimiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii e'lirniujj Journal Lincoln, Neb Phone 926 JMrraska Carnal 2-3331 Every issue since Sept 1, 1867 founding has "Dedicated to the People of Nebraska and te the Dertlopment of the Resources of the Stele." Awarded Pulitzer Priza tor Public Fred S. Securest C. H. 1867-1904 PUBLISHERS Joe W. Seocreet I.

C. 1904-1942 CARRIER DKLIVIRT Unoaln er to AMraw Dally, SBo week, Sunday. 13 Kc week (4 Sunday! PRICE BY MAIL el Ukneaeter Cointy In Nebraika North Kaiuai Dally Sunday Both sia.oo 9 Mo MO. 3 Wo. 7 00 4.75 2.50 ft wk 1.00 4.UU 2.75 1.50 10.00 WK i.

la Laneaeter Carrier Zone Dally Sunday Both 1 Tr tll.UO 16.00 S16.00 9 Mo. SO 4.00 12.25 Mo. 5.75 2.75 8.25 3 Mo. 3.00 1.50 4.24 1 Uo 1.00 8 wk 2.00 I'o othfr woenb. Sunday, lie, dally 35c.

both lot Second clam mall authorized Lincoln. Neb. Puhllihed each week day by the Journal-Star Printing tOO-828 Street. Lincoln. Nebraeka, Amoelated Preai entitled exclusively to the fa of all local pttetai la will all i-- depositors are hookwinked into buying laden common stocks.

Informative and inspirational talks on the nature of investment would draw big crowds. Every savings institution in reasonably-sized cities could offer a series of six lectures every year to depositors and prospective depositors. They might run like this: 1. Speculation: Its Dangers and Opportunities. 2.

U.S. Government Bonds. 3. Blue Chip Common Stocks. 4.

Municipal and Corporate Bonds. 5. Savings Deposits. 6. Insurance Programs.

To the charge that such lectures would tend to drain off deposits, I would answer that such withdrawals would be more than offset by the growth of thrift and savings on the part of improvident persons whose finances are prodigal. The most important lecture of the six would be the first. Millions of dollars are lost yearly by investors buying promotional who can't afford to lose a dime. The Bases of Speculation People all over America need to be told upon what bases speculation rests. There are three 1.

Earning power. 2. Replacement value. 3. Actual cost.

When an ore stock (like the one Jack Monro bought) is sold for 35 cents a share, one should ask: "What is the basis of this price?" It has no earning power as yet; no one knowt what the replacement value is. Hence, the first two price bases can be thrown into a wastebasket. Therefore, the only honest way to arrive at a price base is to put it down at actual cost. But seldom, if ever, is this done. For 25 years in this column, I have been saying that it is better for a small investor to buy 10 shares of a sound and seasoned stock at $35 a share than 1,000 shares of a rank promotion at 35 cents a share.

THE. FORVM (Q) "How many stocks make up the Jones Industrial averages? Will you name 10 you would buy now?" S. T. (A) Thirty. Ten: American Can Chrysler General Electric General Motors International Harvester Procter and Gamble Sears Roebuck Standard Oil of California Westinghouse Electric Woolworth.

COfVtitttt IMt, VSJPAPER.