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Charles M. Schwab, that irrepress
ible optimist, chairman of the board
of the Bethlehem Steel Corporation,
in a speech before members of the
Pennsylvania Society of New York,
said the rich man had virtually "van
ished from the American picture."
Whether Mr. Schwab spoke with re
gret or relief there is no way of know
ing.
"Those who were once wealthy,"
MMr. Schwab continued, "are now
afraid to look at their ledgers to see
if they are worth anything or not."
Mr. Schwab is still in the multi
millionaire class, but he said, per
haps regretfully, "I have been a very
rich man and have always thought
that the question of money in my
lifetime would never come up."
Well, we can never tell about this
thing of money. Here is the family
next door who are set out on the
street because they could not raise
Schwab, and the class he represents,
would no doubt feel as badly as the
man next door who could not pay his
rent, if he could not put his steam
yacht in commission this summer.
While making his observation about
the rich, whom we no longer have
with us, according to him, the steel
king offered a solution for our eco
nomic ills. Maybe no one else has
thought of it. Here it is: "The only
thing for the real man to do is to
sweat and go to work and build for
his industry, build for his home, build
for his country and its future."
This is sound advice if Mr. Schwab
intended it to be directed toward the
employers—or some of them—but if
he meant the workers of the country,
that is something else again.
Workers would like to do the things
Mr. Schwab advises, and there is only
one thing in the way, where are the
jobs
The "real man" would be glad to
"sweat" as Mr. Schwab says, if some
one like the Bethlehem brother would
give him a job, whereat he could
sweat. The real man would like to go
to work he'd like to build a home
he'd like to build for industry, for
his country, for his future, if he only
had a chance. However, Mr. Schwab
failed—as such advisors usually do—
to tell how to get the job. That is all
that is needed for this great country
to return to more nearly normal times
—jobs!
The steel king is optimistic as to
the future. Perhaps he has a right
to be. But right now there is still
much lamentation. The strangle hold
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'u.c •-:""--'^r
Charles M. Schwab, Steel King, Passes
Out Some Naive Advice to the Workers
Six Cylinders
No More
No Less
With more you sacrifice
Economy—
With less you sacrifice
Smoothness
CHEVROLET CORNER
v
of unemployment grows more menac
ing. In Philadelphia for example,
statistics recently gathered, show
that business men there are losing
four million dollars a week, or more
than 200,000,000 a year because of un
employment, and, of course, the van
ishing of the purchasing power of
the people.
Philadelphia conditions can be mul
tiplied by every other city and town
in the country, 6,060 to be exact, and
the answer is "no jobs." Mr. Schwab
overlooked a tremendously important
point when he failed to tell the
workers how to acquire the "sweat"
he spoke of other than the cold sweat
of despair.
In the course of his speech Mr.
"Schwab paid tribute to the women of
the country who, he said, were "better
than the men have been in inroducing
methods to bring us down to the
proper social economy."
In South Bend, Ind., scores of
women have been hired in the places
of men in various industries, news
paper reports show. These women,
many of them, in 1929, earned an
average of $18.50 a week. Today the
best paid are getting $8.50 a week
with others working for $3.50 a week.
"Why do you do it?" one was ask
ed.
"Why? There are five mouths de
pendent on my $8.50 a week," she
replied. "If I don't get that we don't
eat. Ask me something hard."
Well, that is one way to "bring us
down to proper social economy" that
Mr. Schwab spoke about before the
Pennsylvania Society of New York.
Employers are seeing that the work
ers reach the proper "social economy"
level even if they have to starve them
to do it. The answer to all this is
organize!—The Journeyman Barber.
Teamsters' Union Label
The railroads should have to com
pete, but not with the govern
ment. No private industry has been
able or ever will be able to stand the
results of subsidized competition.
IKE JARRETT
He is president of the Theatrical
Stage Employes' Union No. 136 and
a delegate to Trades Council, and—
usually around when needed.
Advertise in The Press.
SAM
Leshner
DEALER IN
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805 Maple Ave.
Phone 1680
THE BUTLER COUNTY PRESS
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One whose smile is a little brighter,
One whose deeds are a little whiter,
That's what I call a friend.
for Economical Transportation
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One who'll lend as quick as borrow,
One who's the same today as tomor
row,
One who'll share your joy and sorrow,
That's what I call a friend.
One whose thoughts are a little
IT MEANS:
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Shorter Work Week
Old Age Pension
Better Living Conditions
Minimum Wage Scale
i igp few#-'
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One whose mind is a little keener,
One who avoids those things that are
meaner,
That's what I call a friend*,
One who's been fine when life seemed
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One whose ideals you've not forgotten,
One who has given you more than
he's gotten,
that's what I call a friend!
—Burroughs.
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