The Glenwood post., 1921-10-08
vacie Tets Bed Tine Steries
Current Events For the Childrsu
and 0rown-ups, Teo
MILLIONS TO BB SAVED
BY THE NEW SHIPPING BOARD

making all those boats if you aren't
going to use them It was Jack
talking to Fred as the two of them
were arriving at the bank of the river.
Jack had been working for several
days making all kinds of boats from
old cigar boxes. Fred had been doing
the same and now he let his boats
rest upon the bank while he sat back
and looked on.
"You make me think of the Ship
ping board at Washington and the
way they built hundreds of ships and
then didn't use 'em," continued
Jack. "You've wasted lot of good
cigar boxes making those boats so
why don't you get some good fun out
of them?''
Uncle Ted had been up the river
fishing and was rowing down when
he came upon the boys. "Well, we'll.
Some boat builders, aren't you?'
called Uncle Ted as he spied the
boys. "Hope you are better managers
than the old Shipping board at Wash
ington. From the looks of the way
you are going at this you seem to
need Chairman Lasker to get your
company out of the hole"
"Maybe you will tell us a story
while l get my boats all fixed" said
Jack.
"Sure will, boys. The fish aren It
biting anyway. In lot of ways I
guess we are tired of hearing about
the Shipping board, but it really is a
mighty important matter. We must
have a Merchant Marine that is
REAL to carry American goods to all
parts of the world. Before the pres
ent board took over the ship matters,
everything was in horrible shape.
Money had been wasted, some of the
waste being unavoidable owing to war
conditions. When Mr.. Lasker, tried
business man, was put on the job of
chairman, he didn't say much, but
got busy, as any business man would,
to find out where the money was leak
ing-stop the leaks and make sue
cess of the whole thing"
els he doing it," asked Jack. 81
mean is he saving and making it go?''
Jack, he is applying remedies to
the financial sickness of the board
that will save the United States gov
ernment about $5O,0OO,OOo for the
year beginning July /, 1922"
"Whew!" exclaimed Jack. THAT IS
some money"
"You just bet it is, Jack. Chair
man Lasker wants the people OF this
country who pay taxes to meet the
expenses of this government to know
that he is going to stop the loss of
great sums Of money through the op-
GRAFTON of these ships. Let me read
you clipping here, if l can find it..
Here it is. Listen:
Tbs Shipping board, says
Mr.. Lasker, is getting in sight
of the time when the need of
draining great sums for opera
tons from the country will end
We have set the sum of $780,
100000 as our budget for the
present fiscal year, and this will
be cut in two when we go before
congress next year and ask for
$50,0OO,O00 to operate the govern
ment's ships for the fiscal year
ending June 80, 1929
Boys" continued Uncle Ted, 81
wouldn't be surprised to see Chair
man Lasker use less than the $780,
100000 this year because he ism It
guessing at the thing. He isn't tax
ing the easiest way. He is working
just as he would run his own business.
When a man has all his money at
stake in his OWN business he doesn t
waste it. More Business in Govern
ment' is good slogan and he is fol-
lowing it,
You see, at present the operation
of these ships will be at loss. But
that won't last long now. Shipping
during the last three months has been
the lowest in the history of sea irade
and all private companies have lost
money. Naturally the same would be
true of the government ships. But
listen to this comparison.
"Mr. Lasker has fixed the sum of
$5,OO0,O0o a month as the limit of
losses for the rest of the present fiscal
year. This seems like lot, but it is
more than fifty per cent lower than
the losses per month under the pre-
vious Shipping board. Those losses
ran between 81 100000 and $l2,OOO,,
OOO n month