The Omaha morning bee., 1924-11-08

Big Stick for Coolidge.
Mellon Viii Stay.
Irotzky, He Worries.
Don't Gamble, But
By ARTHUR BRISBANE.

..
has the '"big stick" in his hands. to
use as he sees fit. He is a careful
man, and will probably swing his
weapon cautiously.
The London Post considers this
election of ours Americas warn
ing to Moscow"
Conservative British editors say
we have struck a death blow at
socialism. Our election warns Rus
sla that we won't have anything to
do with radicals.
Socialism and radicalism, how
ever, have endured many death
blows and survived"
In France-statesmen of the
folncare type, urge the French to
initiate America, turn from radi-
callsm and find happiness in old
fashioned conservatism. Mean
while Herriot, socialist and leader
OF the socialist party, is the French
prime minister, and even French
capitalists express the hope that
Herriot will hang on to power for
a while longer. They feel that he
has sane ideas.
News from Washington that
Secretary Mellon will consent to re-
main in charge of the treasury is
good news. The management of
limited States finances, including
the paying of billions of debt rolled
up so swiftly, takes real financial
and business ability.
Mellon has both. The people will
be fortunate if he continues work
ing for them for nothing, neglect
ing profitable business of his own.
News from abroad is more inter
esting and exciting than anything
here at home. John D. Rockefeller,
playing peaceful golf under the
warm sun, will be interested in the
British plan for the biggest oil trust
the world ever saw. Four great
companies, Anglo-Persian, Burma,
Royal Dutch and Shell interests.
are to be made one. Most of the
oil outside of the United States
may be included in the deal.
Meanwhile the water commission
appointed by Lloyd George, has
reached the stage Of practical ex-
pertinent in connection with utiliz-
y ing the tide of the Severn, third
highest tide in the world. With
that task successfully ended, oil in
the ground will be as unimportant
as oil in whales blubber. The Sew
ern alone would supply enough
power for London, and for the
seven next biggest cities In Great
Britain, with a great deal to spare.
While the British build up their
oil merger, they view with alarm
>fAe nroposed European steel trust
which would include France, Ger
many and Belgium. Belgium and
France, because of the skill and
? 4utput developed through the war,
and because their workmen are
paid with cheap money, are hurting
British steel mills, underselling
them in foreign markets and in
Great Britain. The interesting
question is, "Will the tories now in
power put up the tariff wall that
they would like to build?"
Trotzky worries the United
States. He made a speech yester-
day, attacking American "militar-
ism and capitalism" accusing us
simple-hearted Americans Of or
ganizing "forces of annihilation."
He is afraid that we intend to "an-
initiate Europe" That earnest
Russian gentleman, who lived in
! the United States without seeing
I very much, worries without cause.
This country will be lucky if it
wakes up in time and builds
enough flying machines to forestall
"annihilating" expeditions from
Europe or Asia.
Never gamble, nor even specu-
late. But if you know which rail-
roads are making money, under
really able management, buy stock
in those roads. For some time to
come railroads will be told to take
anything they see and to ask for
anything they want and don't see.
Bear in mind, however, that some
railroads in charge Of frst-class
professional wreckers and inside
looters, couldn't pay dividends for
more than few years if you gave
:. them the national gold reserve. Be
Careful not to get hold Of their
stocks.
Youth and beauty 20 forward in
Germany more rapidly than here.
The German newspapers discuss
this question:
"Should modern bob-haired wo-
men tip their hats to each other?"
Another subject discussed is:
"Is smoking pipes ladylike?"
Let's hope that chewing tobacco
. by ladies will be postponed for
awhile. -.
In Chicago, for the first time in
the United States, negro is
elected to the bench. Albert Bailey
George. colored lawyer, 81 years
= old, will sit as judge on Chicago's
municipal bench. In the last cleo
ton, also, Chicago elected to the
Illinois state senate the first negro
ever elected to that body. His name
il Adelbert H. Roberts.
Brazil continues to have revolu-
tionary troubles. Sailors in revolt
seize a battleship and proceed to
lombard Brazilian ports. That
should give the Brazilian president
a chance to try the value of flying
machines. A couple of good fliers
with the right kind of bombs might
CONVINCE those Brazilian sailors
that a battleship is no place for a
reyolutionist in these days.