The Omaha guide., 1932-09-03
'Randolph's Speech

claims Of the creditor. 1t has been
said that an increase in product
ion would help solve the prob
lem. This is not logical. To
produce more good than we can
use is not a just cause. We are
now producing more goods than
we can consume, it is impossible
to negotiate with the foreign mar
kets. The Federal Farm Board
had at one time over 1850 bushels
of wheat, holding off market for
the purpose of reducing the mar
kets. When there are over one
million in the bread line, plenty
of wheat, but the people connot
buy it; when sales stop, you are
going to have production stopped
and when productions stop, less
people will be employed. Why
have we produced more goods
than we consume? It is because
the workers are not receiving the
wages that will permit them to
buy. The average wage Garner
in New York is $500 per week.
President Hoover called a confer
ence at which time it was agreed
that there would be no slashing
Of wages. 1t wasn't very long be-
fore the railroad companies be-
gan slashing wages. Therefore
the American Federation of Labor
has taken steps for a sound meth
cd of meeting the conditions of
unemployed by reducing the
hours of the workers, the four
brotherhoods have adopted the
six hour a day schedule, and
many employers the s hour. The
Pullman porters are making over
400 hours a month. If they had
the S hour basis there would not
have been one furlough. The A.
+. Of L. came out for five days a
week, Some of the employers
have adopted the same. The A.
f. Of L. has also presented an in
junction against child labor
which will make it possible for
adults to get work. These are
some Of the remedies, but how are
we going to get them. 1t is not
enough to say we want the five
days a week or s hours a day,
what method are you going to a
dept to secure better times. 1t
is said that socialism or social
needs in the legislation. This is
known as "Socialized Capitalism
Albert G. Milbank, chairman of
the board of a great industry and
philanthropist, sets fourth foun-
'dation principles on which to
build an improvised economic
social order. Socialism in its
extreme form destroys some Of
the finest and most useful qualit-
les in the individual On the
other hand, capitalism in its ex-
IRENE form, makes the individual
a predatory animal, rather than a
social being. His proposals look
to the rehabilitation Of capital
ism, sterilization and Specialization
OF industry. By Specialization.
does not meal naturalization, it
is a wider adoption Of measures
already approved by the success
of voluntary and public cooper
alton In programs for the promo
ton of health, welfare of child
ren and for protection against evil
days of old age and unemploy-
ment. Through such united en-
terprise private investments in
the social field have maintained
their value and continue to pay
dividends in terms of human
health in contrast with the de-
preston and sorry spectacle in
the world of crumbling prices.
BY contrast the business leader
who forgets that his very position
imposes upon him a fiduciary re-
sponsibliity becomes a threat to
the economic order upon the
maintainence Of which the sue
cess Of the whole capitalistic sys-
tenn depends.
In 1914 the Pullman conductors
receive $4,000 per month today
they receive $4,000 as a minimum
this increase in wages was brought
about by organization, there is
much power in organization. You
are not divided, instead you pull
together and are able to exact.
You can only take what you have
power and no more, when you are
not organized any group of peo-
pie can take advantage Of you.
You cannot depend upon certain
elements of charity. You must
be organized and this is power.