The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-01-10
TheCherry
1v Where with eur
Tree ..s,1. i, !. a..ss:. .s',:,
about many things, sometimes pre-
fsundly, sometimes Aippantly,
sometimes recklessly.

Congress in session. The Liberty
League congealing reactionary opin-
ion Labor looking at surrounding
ring of enemies. The courts taking
pot shots at laws enacted in response
to labor demand.
Forces are moving toward tremen-
dous decisions.
Historians will know more about
the great import of today's trends
and doings than can be known today
In battle men move and some are
moved down and some march through
to the conclusion. Afterwards the
battle is given its value by those who
can look back and see the whole
picture
Today there seems to be vast lin
ing up for struggle. There is much
fog in the air, and it may be long
time before issues are clearly stated
or line-ups fixed according to true
interests.
At bottom, the thing toward which
we are moving has to do with whether
human interests are to ride superior
to property interests.
Here is a sample of what helps to
shape the thing called opinion. One of
the two or three big solvent railroads
of the West went to Wall street for
huge 10-year loan.
Wall street wanted to cut the time
in half, and it wanted the traditional
rate of interest. Here was a melon
looming up.
The railroad went to the RFC and
the RFC made the loan at rate
about 11a per cent below the Wall
street bankers rate and on 10-year
basis.
The bankers howled and they still
howl. This business of monkeying
with interest rates is something ter
rible, and it has to be condemned.
All good bankers are supposed to
join in solid front of banking
opinion
Looking back on what the banks
did along about 1929 and what they
did during 1880 and 1881, it would
MT seem that bankers ought to be
very loud in their protestations
They ought to be quiet. But they
have forgotten and they are today
very bellicose.
Similarly, many corporations that
were in the red less than three years
ago, that had thrown their employees
on the scrap heap, and that didn't
know where to turn for business, are
joining in the howl against labor.
! With labor's help they are doing
business, because without labor's sup
port the moves that have made fol
better business never could have beer
made to stick.
No sooner are they out of ths
woods than they begin to act like wild
animals again, forgetting all socia
responsibilities, bowling at the yer!
developments that have saved them
Big business, though it doesn'
know it is by its current action:
building up a reservoir of resentmen
| that may get scalding hot before
long.
Big business is political and so
cial simpleton. It doesn't know that
either
Congress probably will be afraic
! to do very much for the people il
this session. 1t seems likely to bt
cowed by those big brave pirates wht
were on their knees weeping not 81
very long ago, but who, having once
more got a dollar in their corporate
| jeans, are full OF the KIND OF courage
that usually marks the buccaneer-
the courage that runs with the wind:
and that oozes in reyersals.
Labor will need to talk strongly t.
this congress.
Labor is the majority the big
majority.
Labor, too, sometimes acts as i
it were licked, but it never needs t.
be licked, and it never actually il
licked
Labor can command and compl re
spect for its just and fair opinions
and demands. That takes organized
effort, but it can be done. Why not
Recovery Is Held Chief