The Omaha guide., 1935-10-05

to him, but also that portion
Of his own income which COMPLETES
the total Of 5000 per month
There are ten. million three hun
bred thousand people Of the age of
! sixty and beyond, eight million Of
whom at least, might Be expected
to apply for the pension Many,
eligible as to age, would not apply
because Of the demand for their
continued services IN posts Of i'm
portance- Many Of the millions are
not citizens IL eight million Of
those Of the required age should ap-
ply, it would require the circula-
ton Of one billion six hundred mil
lion dollars into the channels Of
trade monthly. This would immedi-
ately start a tremendous volume Of
buying. We have skimped and done
without for four years. Retailers
would soon be sold out. Wholesalers
would be called upon to restock their
shelves They in turn would call up
On the manufacturers for a new out
put All machinery Of production
would be started at high speed.
Workers would be called to man the
machines and TO distribute the
goods. Jobs would again become
plentiful, made so by an intense
prosperity and the elimination OF
the sixty-year-olds from the job
seeking field Wages would be high;
he standard Of living advanced to
the approximate level Of the pay
received by the retiring elders.
No argument against the amount
demanded for the pension can be adj
vanced that will stand analysis.
These elderly people have been
instrumental in producing practical
" all the tangible wealth in evidence
today. They are entitled to the use
Of a portion OF it sufficient to main
tain them in comfortable circum-
stances for the remainder of their
lives. USE OF THE MONEY is all
that they would ask, all that they
could have. Passing through their
hands, it would supply their needs
and return at once to the localities
from whence it was collected. This
steady flow Of money would assure
business stability, eliminate fear as
a factor against the launching Of
now works and enterprises, and give
assurance Of ample opportunity to
youth
Cost and the necessity for raising
prices to nee the pension roll
would be practically eliminated by
the wiping out Of the expense Of or
gained charity and much Of the ex-
pense Of criminahty. Riches IN
dreamed of would accrue to the Ma
ton through UTILIZING THE
WISDOM AND EXPERIENCE OF
THE ELDERS and their helpful
activities IN art, science, and so
GEOLOGY. And finally, the true
riches Of humanity-joy and happi-
ness-would dispIace those debasing
emotions Of greed, suspicion, fear,
and despair.
How Can You Help?
Organize q Townsend Climb IN
YOUR community. These are being
formed in all sections Of the United
States. This movement Is essential
ly 2 peoples movement, and is not
backed BY any special organization
or interests. For full particulars
address, the National Organization
Department Of Old Age R~evplving
Pensions, Ltd, a non-profit Cali
fOrnia corporation, the sole purpose
Of which is the securing Of the en-
actment of this legislation
NATIONAL HEADQUARTERS,
200 Spring Arcade Building, Los
Angeles, Cal
Our official publication Is the
TOWNSEND WEEKLY, giving &C
curate, up-to-date information re-
garding this movemen Subscrip-
ton rate, $500 per year; S1.OO for
six months. Apply at The Town
send Weekly, 81 Spring Arcade
Los Angeles, Cal.