The Republican. [volume] (Oakland, Md.) 1877-current, 1960-03-03
Senate CloakrOOm
BY j. GLENN BEALL
United States Senator from
Maryland

Competition, the Life Blood
An editorial which deserves re-
peating appeared in the Baltimore
Sun under the heading, No JUST.
fication. Except y:
when Il steel warehouse in st
Louis dropped its prices this week
competitor remarked sourly
There is absolutely no justfica.
ton for lower prices at this time
except a move to grab more local
business
How truel That is always the
reason for price cuts: An effort TO
grab more business. Henry Ford
was out TO grab more business
when he cut prices of Tin Lizzies
in the early days-and it worked
1t brought cars within the reach OF
ordinary people. II put the nation
on wheels. 1t made his company
the leader in the automobile in
dustry, until his company and bis
competitors began TO soft-pedal
competition. Price competition
benefits the consumer Immediately
by making his dollar go farther,
and is the greatest spur to pro-
ductive efficiency and hence the
greatest stimulator Of economic
growth. This country could do with
a great deal more of it."
Farm Program-Sl000 Per Min
ute,-In mid-1952, the Federal gov
eminent held surplus wheat total
ing 166 million bushels-taxpayers
investment: 400 million dollars. In
mid-196O, the Federal government
held surplus wheat totaling 1900
million bushels-taxpayers' invest
ment: $500 million dollars.
President Eisenhower, in his
special farm message, asked Con-
gress to act sensibly and swiftly
to end a wheat program now cost
ing the Government $1,000 min
ute. The President stressed the ur-
gency of new legislation to end a
program which is visiting havoc
upon the very people this program
is intended to help He specified
that the new program must be
economically sound and not po-
litical poultice.'
Maryland-W ashington Area Plan
ning-The Maryland-National Cap
itol Park and Planning Commits
sion, with headquarters at Silver
Spring. Maryland, will prepare a
comprehensive plan for the growth
and development Of the Maryland
Washington regional district with
the aid of 100000 Federal grant
it was announced on Thursday.
Security or Growth?-The atti-
tude of some of your young men
in looking for positions -inquir.
ing closely about retirement plans
and other fringe benefits-haS
caused me to wonder if perhaps
we have not taught our children
| to have too much concern with
security" Perhaps we have beer
misled by present-day psycholo'
gists who say that the greatest
need of the child is for security
That. l believe, is not true. A
! healthy child loves adventure, and
/ so does a healthy man. But when
we make a fetish of security, we
can expect our son to pick the JOB
that promises security more than
significant growth, surround him
self with social security, and lose
a trait of character that made this
country great, the taste for risk
and adventure.
Biggest Item on Our Growing
Debt-Since World War II, our
Public Debt has increased some
l15.4 billion dollars. OF that, 6.8
billion has been accumulated Post
al deficit. In other words, nearly
half of the debt increase can be
charged to one item: What the
Government is losing. on Postal
service.
Between 1900 and 1910, the Post
al deficit amounted to an average
of 1872 million dollars year. The