PAGE FOURTHE DAILY REFLECTOR, GREENVILLE, N. C

Monday, Soptember 8, 1980

Monday, Seplcmher 5, 1960

Labor Day

Opportunity For Red Propaganda

Whatever Soviet Premier Khruihchevs ultimate purpose in cominir to the U. K. Assembly opening in New York later this month, there is certainly no rea-fon for the West to think that Khrushchev will ncri; use the occasion to put in some more propaganda licks for the communist cause.

On the surface, Khrushchev is coming to the U.N. to participate in a disarmament debate. He has like-wi?e suggested that the occasion be utilized for a sort ol world conference with as many heads of state as possible attending.

Neither the idea of disarmament talks nor the idea 01 a new summit conference at behest of the Soviet Union should raise hopes that something genuinely constructive will be accomplished.

Disarmament talks have been going on for several years now with little indication that the Soviets have any real desire to arrive at acceptable ground rules for de-emphasizing the armvS race. They have given lip service to disarmament on every occasion, but they have likewise rejected every proposal that has included practical safeguards and inspections to see that nations abide by whatever disarmament agreements that are reached.

From the standpoint of a summit conference, Khrushchev has his chance in Pari.s last May, and instead of entering into talks and negotiations with the leaders of the West, he chose to torpedo the conference. The U-2 plane incident was a factor in his decision, but even before that there were indications that Khrushchev might be more interested in the summit as a propaganda forum than as a vehicle for easing world tensions.

The same conclusion is not without support with regard to Khrushchevs decision to come to the opening of the United Nations Assembly in New Y'ork. The

Western Demos 3unnina Scared

By LYNN NISBET

RUNNING SCARED - Democratic candidates in congressional districts west of Raleigh re running scared. Party leaders think that is all right. They think, too. that the candidates may be overplajnng that tune. There are indications that Democratic majorities may be reduced in some counties, particularly in the ninth and twelfth districts, but neither Hugh Alexander nor Roy Taylor is regarded in real danger.

Several people in the eighth district criticised Paul Kitchin for his recent statement that his district is in a mess. They say he will poll jtist about the usual Democratic .majority. There is some carry over bitterness from the primary and the 195 election in the 12Ui district, none in " the sixth where the primary was hard fought.

Heinz Rollman, who ran second in the 12th district Democratic primary in 1958, then turned Republican when he failed to get the nomination at hands of the committee, won the Republican primary this year and umuccessfully challenged the seating of Roy Taylor as result of a special election. is not considered a real threat. Some of the old timers, who have carried the party banner for years, have not forgotten the harsh things Rollman said about them two years ago.

Many Democrats in the tenth district talk optimistically about chances for Dave Clark to unseat Republican Charles Raper Jonas, but very few outsiders living in neighboring counties hare this view. Clark is making a vigorous campaign and opinion is freely expressed that his efforts will help the State and national tickets perhaps more than his own race.

PRESIDENT - AU of these western congressional districts, and most of the counties in them, gave majorities to Eisenhower in 1952 and 19.56. Odds at this date are better than even they will go for Nixon does have the personal magnetic appear of the great hero In fact a lot of people who say they expect to vote for him confess they do not like him. They have formed the habit of voting for a Republican Pre.sident.

There is little enthusiasm for Kennedy and Johnson. Time after^ time observations were heard to the effect that voters would take Kennedy becaiwe they believe it better to have the Congress and the White

House of the same party.

The religious issue is less important than it appeared right after the convention. Kennedys candid treatment of the ques-. tion has been effective. It is still an issue, but there is less talk about it. Different reasons are given for not supporting the Democratic ticket. Such as Kennedys liberalLsm and his endorsement by the extreme Americans for Democratic Action and the AFL-CIO leadership. One business man said he is not nearly so much afraid of the Pope as he is of Walter Reu-ther. He was reminded that there are a whale of a lot more members of labor unions than of the National Association of Manufacturers and the United States Chamber of Commerce combined.

STATE Disaffection with respect to the State ticket also is , declining. Hangover resentment from the primary, plus the much greater activity on part of Republican campaigners is quite likely to reduce tus-ual majorities, but your reporter can find no justification for the faith expressed by Bob Gavin that he can beat Terry Sanford.

YOUNG POLKS-Young folks WiU have a bigger role in the 1960 election than in any recent year. Candidates for President and Governor in both parties are younger than usual. The party organizations in North Carolina are headed by young men and women. There was larger than usual turnover in county organizations, with the trend toward youth in most instances.

These new young folks bring enthusiasm and vigor which has been lacking In the past. They are handicapped by inexperience. In too many instances the oldsters have not trained their succsssors. In some large counties the old folks have rebuffed proffers of help from the youngsters. That means often the new leadership is of a different faction in the party, and therefore does not feel free to call on the experienced oldstra for advice. In most instances all hands are willing to help, but they have not been trained as a team. Anv baseball or football coach will tell you that, a trained team of mediocre components Is better than nine or eleven.individual stars.

Democratic organizations from the state level down are waging the campaign on learn worka straight ticket all the way.

Ill I

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CMibhration

disarmament talks and summit conferences may well be just a front for another move by Soviets to gain a world-wide forum for propaganda.

There have been ample opportunities in recent month.s for the Soviets of make constructive moves, toward easing world tension both through disarmament talks and gatherings of chiefs of state from East and West. It has taken advantage of none of these opportunities except to thwart efforts that offered the hope of progres.s.

Is there any real rea.son to believe Khru.shchevs purpose will be different in New York later this month ?

Labor Day No Longer Ends Holiday Season

Labor Day traditionally has marked the end of the summer holiday session ip North Carolina and until recent years it has been thel signal for resort areas of the mountain and seashore regions to close down until the following summer.

At an increasing rate in recent years, the tourist .eason both in the mountain and costal areas of North Carolina have lengthened beyond the^hot summer days. Western North Carolina has succe.ssfully promoted the beauty of the mountains during the fall months when the leaves take on their autumn array of colons. Along the coa.st the fall months have become among the most popular for fishermen, and for the winter the Tar Heel coastal area is becoming more widely known as a hunters haven.

The tourist business is becoming more and more a year-round industry in North Carolina. An increasing number of people are planning fall and winter vacations in the state instead of only passing through North Carolina enroute to more southern points.

To a large degree the tourist industry of the state is responsible for the longer season of the re.sort areas. They have succe.ssfully sold the vacation advantages North Carolina has not only during the months of June, July and August, but they have succeeded in extending the season from early spring into the winter months. This factor has meant a considerable increase in tourist business of the state, and it has likewise had an important economic impact on many sections of the .state that depend heavily on touri.sts for their livelihood.

The slogan Variety Vacationland initially empha-sizezd the fact that North Carolina offered ideal recreation areas from the mountains to the sea during the summer months. Now North Carolina is broadening the meaning of the slogan to include not only the geographic expanse of the state's tourist attraction.s, but likewise the diver.se attractions the state offers at various seasons of the year.

How To Meet Our Comoetitors

By GEORGE SOKOLSKY

Colored Majority In

N

By RALPH ROBEY

Recently in a discussion of the problem of ioreiRn competition we ended with the sentence; The only sound, real answer is for us to increase our productive efficiency and sell more abroad. One of our good friends has written to ask the obvious question: How?

Among the more important factors are the following:

1. Better Management. The managers of every busine.s.s try to do AR good a job as they can, and most of them do well. But there always is room for improvement. New layouts of the work may help and a more careful assignment of workers may give greater efficiency. Through re.search and initiative new products may be developed and attractive modifications made in existing products.

2. Better Machinery. This is a matter of investment in plant and equipment and it takes funds. Unfortunately our depreciation laws are quite out-of-date and our system of taxation is Worse. A large proportion of business organizations, theteiore, find it difficult to accumulate the cash flow necessary for needed capital investment. and as a general rule business profiLs are not high enough tc be of too much help. The large companies have a credit standing which may enable them to borrow in the open market, but smaller organizations are u.sually either unable to do so or find it excessively expeiLsive.

3 Eliminate Wasteful Prac-tice.s. Feather-beddmg is the term usually applied to such practices, but it is too narrow There Ls. of course, an enormous amount of featherbedding In American industry and it would be most helplul if it could be eliminated. But wa.*!te of manpower is not limited to this category. Management overhead may be , too large, and there may be 'waste all down the line. It is not easy to determine just how much waste

there is in an organization, and it may be distasteful and difficult to eliminate it. But if there is to be a truly efficient organization it is essential to tighten up from top to bottom.

4. Lower Prices. Some persons think business should lower prices and lake a gamble that increased volume will prevent a loss of profits. In some instances that may work, but it is not a practice which the business system as a whoe can follow. For most organizations the only ba'is upon which they can reduce prices is to have lower costs of production. In addition to what has been said above there is one enormously significant field which can be used for a reduction of production costs and hence a lowering of prices. This is the increase in productivity. For many years we have had the habit of using this for increased w'ages. We can no longer afford this luxury. The increase in output per man-hour should be used for lower prices. That will give labor an mcrease in real DUi'ing power, and it will help everyone else as well,

5. Study Foreign Markets. Merely because a product is liked by the American Public, and .sells well here, it does not follow tha the citizens of any foreign nation will want to buy it, ProducLs must be tailored for each market in which they are to be sold. American business has been amazingly slow in recognizing this in connection with foreigh trade. It is not too Iat( to make up for the oversight, but there is not time to lose in moving in thks direction. The United States Department of Commerce, banks with foreign branches, and many oih-c sources can provide detailed information to help in planning products for foreign markets,

If American business will .seriously follow these five points we can increa.se our productive efficiency, sell more abroad, and in time reduce the problem of foreign competilioii to manageable terms.

Copyright, 1960, King Features Syndicate, Inc.

The problem can be stated openly and accurately: Africa

has moved out of its colonial period. A large number of independent African nations have come into existence. These nations are being admitted to the United Nations and have seats ill the General Assembly. In due course, it Is possible that some of these small new nations will be on the Security Council.

What we aie dealing wiPi now is that the African continent has thrown off the shackels of European suzerainty. As sovereign members of the United Nations, each of these new Negro nations has a vote in the General Assembly equal to our vote. Will they vote with us or against us? Will they ally them-selves to the United States or to Soviet Russia? Will they buy American goods or goods from the Soviet Universal

State? These are the pertinent questions of the moment.

Across this problem runs another, a particulai domestic probiem of the United Slates. To suggest that there is no discrimination against Negroes in the United States is to lie about the obvious. The di.scrimination it. different in different parts of the country, but it exists. It can be documented. It is constantly being defended by those t who believe that it is a correct position to take. It is constantly being attacked by those who object to It. It comes into our courts and even the Supreme Court of the ynited States renders decisions on the subject.

There are several hundred years of tradition on all sides of this question. And there are those citizens who resent intermarriage and the concept of, a mulatto America. And there are many, particularly politicians, who dare not take a

Other Editors Saying Students Who Got Lost

(Sinithfield Herald)

Somewhere in North Carolina there are 51,933 missing children. They were lost somewhere between the first grade 12 years ago and the twelfth grade thi.s spring. No hue and cry has been set up for them. No private detectives have been called in to find them. Neither the FBI nor the SBI has been put on their trail. No Child Wanted posters with their eager faces have been tacked up in the local post offices across the State.

In fact, most of us never knew they were even missing until Dallas Herring, chairman of the State Board of Education, made a speech recently to celebrate North Carolina School Week.

Mr. Herring pointed out tiiat North Carolina had 45,519 members of the twelfth grade in its public schools this year, most of whom were graduated and will move on to college or to jobs. But, added Mr. Herring, when this years twelfth grade Students hopefully started out in the first grade, they numbered 97.4.52.

By the process of subtraction Mr. Herring discovered that 51.-9,33 children were mssing w'hen their class graduated. This is a high mortality rate, especially in a state which need.s an educated citizenry to bring up its low per capita income, to rai.se its standard of living, and to

lead it toward industrial and agricultural progress.

This years missing children may never be found but realizing their existence and determining the cause of their disappearance from the public schools may help us to de-crea.se the number of missing children in future graduation cla.sses.

Truly dedicated to the cause of education, Mr. Herring was not content merely to note that too many children were missing. He also suggested remedies.

One is to study and revise the school curriculum to make sure that each pupil is offered the opportunity he needs so he will not be discouiaged and drop out of school.

Another is to provide the necessary guidance and counseling to discover the personal problems that might make certain students stop their education before it is completed.

A third Is to explore the family background and situation of students about to drop out of school and persuade parents to keep their children in school.

Waller Hines Page once said: I believe that by the right training of men we add to the wealth of the world. The more men we tram, the more wealth everyone may create.

How much are those missing 51.933 North Carolina children worth? To themselves and to their state and to its luture?

stand on this questionthat is. for Quotation.

Nevertheless, today we face it as a sharp question that cannot readily be postponed. Shall we be overwhelmed in the Unit-ted Nations by a colored majority or shall wc quit the United Nations because we have become a minoritya minority on a racial Lvsue? And how can we sustain our position on the racial issue wiih about 15,000,-,000 Negroes in the United States and some of them holding the political balance of power in such states as New York, Illinois, and Pennsylvania?

I have recently received much mail on this subject. Most of it has been anti-Negro. The gist of the mail is that God made the Negro the way he is and that that settles the question. Unfortunately, if we have to get a Resolution through the Organization of American States which consists of nations peopled by varying combinations of Indian, Negro, and Spanish persons, some of whom may be of a prior Hispano-Moorish admixture what are we to say if they vote against us because some .store in a Southern city will not serve a hamburger and a Coke to a Negro at the same counter as to a white?

On the other hand, if the proprietor of that store wants to set up whatever rules he chooses. who is to deprive him of an Inalienable constitutional right?

This is a very tough problem for our government and I am sure that it makes litUe difference who sits in the White Housethe situation is not likely to change. We can, of course, tell world public opinion to go to the Devil and that we shall run our affairs as we choose. But then we corha up against the proposition that we need to sell our goods not only in the home market but in world markets. As matters stand now, we have outpriced ourselves . in world markets on many commodities and we are imperilled even in the home market because prices are so high. What if we run between 5.000,000 and 10,000.000 unemployed? How can we handle that with our debt so enormous and our dollar selling at a discount?

I prefer to state the case with brutal frankness because I can offer no solution for the Negro problem. When human relations are confu.sed by prejudice, there is little anybody can do about it. Prejudice cannot be legislated out of existence; hatred is never rational nor is love.

(Continued on page five)

Again

Going

Abroac.

By ROGER BABSON

ON THE ATLANTIC OCEAN When readers see this column,

I will be leaving New York City on the Cunard Steamhip Mauretania to make my annual check-up abroad. PREVIOUS TRIPS SEEKING INFORMATION

Readers will remember that two years ago Mrs. Babson and I went to South Africa and reported on the unbelievable social conditions there. Cape Town is a beautiful city; but the segregation laws are terri-We. My associate, Mr. George M. Rideout, visited the West Coast leading into Central Africa, and is not surprised at the revolution going on in the Belgian Congo. Last year we visited the Scandinavian coun- tries and West Germany. East " Germany, Poland, and Russia. Our reports on these have been published by this newspaper.

The world is ruled by feelings rather than by figures, and I have learned that it is impossible to know how people feel without mingling with them in their own country. I have been especially anxious to visit France; which is the controlling link between the East and the West. Spain is now of no consequence; England seems primarily interested in looking after itself; but Prance, under the dominant leadership of Europes strongest man. Charles De Gaulle, can swing us all either to the left or to the right according to his exercise of foresight and courage, and by strength of the wealth of French foreign holdings,

WEST BERLIN AND CUBA

I have had a feeling, as readers know, that Khrushchev will forget West Berlin for the pre.s-ent, in the hope that the lu.sh plum of Cuba will fall into his lap. Whether I am correct or mistaken in this thought will be ascertained by my talks with influential German people. I am also anxioiLs to laarn whether the so-called West German Boom has reached its peak. Now that American bankers are urging U.S. investors to send funds into Germany, I am suspicious. I w'ant to learn whether the money which we send over is being used for constructive industrial development, or whether the Germans are now selling their stocks to us and using the funds to buy United States securities.

Manufacturers in the United States now suffering from German exports are anxious to know whether this foreign competition will become more intensive. or whether U,.will J^dual-ly decline. Germans wiffl whom I expect to talk are already complaining about gradually increasing wage and other costs in Germany. This Is very important from our standpoint, and I hope to bring back an impartial report thereon.

*WHAT ABOUT BELGIUM?

For nearly one hundred years, the Belgians have controlled the Congo and its rebellious province of Katanga. With the United Nations upholding Lumumba, the people of Belgium are outraged, bitter, and angry. I am told theyJeel that they have^*been *etp*yed by their allies,Yhey fl^l that the ' Lumumba regime in Leopold-" vlUe is only a front for the Communists. Readers realize that the United States and Britain have joined with Russia through the United Nation*in ordering Belgian troops out of the Congo. In this affair. President De Gaulle of France will be an important factor as he lived for many years in Elizabethtown, Africa. He probably knows the African situation better than any other leading statesman.

The Katanga province is now * a source of abundant cheap copper. Doubtless the handling of labor there is rather ruthless, and the district is handicapped by its distance from the sea and transportation costs. There are two stocks listed on the New York Stock Exchange

which will be directly affected by what happens in Katanga. These are Roan Antelope

Mines and the Rhodesian Se

lection Trust. Before the Congo revolution, these were selling at 4'2 and 2V< respectively. They have since fallen to

around 3 and IVi respectively. Whoever ultimately controls the Congo, these minea must Tbt (Continued on page five;

Giants Invest In Stock Market

Strenath For Today

By EARL L. DOUGLASS HlKRAH FOR THE NEUROTIC

The p.sychiatiLst raises a great hue and ciy totlay about tJie neurotice. TtiLs undortu-iiate victim of heredity and circumsttnce.s is a poor browbeaten individual, a burden to himself and his generation.

But aom# of the greatest men in history have been neurotics, Tschaikovsky and Wagner among musiciana are ca.^es in point. Poor Robert Schumann's iieurolif l*iu1eucie.s finally drove him lu ite insane a.sy-luui There have been gieat ar-wtu were pranuunced nec-And a ceriain queer streak which p.sychiairlst3

would undoubtedly dlaKiTOse as .-tngiis of profound emotional unbalance has rh'ari'^rized

many successful businessmen,

military leaders, high grade scientisis, and not a few ministers of religion.

Romeone will .say that these people were great in spile of being neurotics. Maybe that ls true: but maybe also iheir very instability and the tWLsting of their personalities contnhuled in some way to then- force and genius.

A world of perfectly sublun-ated individuals would not be heaven at all. The ideal of human life Is not a perfect adaptation to environment, for environment .Sometimes Is of n variety to which no' one .hould EvJapt him elf "IXw thou and ysars ago the world was full of Roman ciuiens who were perfectly adapted to the low moral standards of the Homau world. Blit the ChrLstiaius wtrt not adapted, and they won the day.

By LLMLK ROKSS.NLR

The texture of the invostor.s in the .stock market today ls vastly tllficrent than it was on, say, October 29, 1929.

Then, a.s now. there were the professionals. Then, as now, were big-shot speculators who moved in and out of I lie market m ,s<liem(s for fa.st killings, 'J'hen. ai-i now, were tlie htlle peopW" the .small inveslor.s who tried to parlay a few ciimpetl buek.s into a fortune.

But now, und not then, are Uie massive fund.s.

There were funds in (hose days: bank trust, syndicates,

foundations and a few other type.*^.

But they were tinyindividually and in the aggregate'com-paied with Hie fund.-^ today. Now ihere are enorm<nis Lmn-d.ihom wiih a.s much as a billion dollars in market power. There are pension fudds, with huiidieds of mdliuns more, Tiiere are nuUii.il fund.s, ae.tM*--giUnui bdlini..s. Time arc union fund;,, church fund.., .'pecial fund.s.

Thirty years ago. In.suraiice companies were largely rest rictcd to real e.Hlatc, iKinri.s and preferred stocks. But states have been allowing more di.^-creation to in.surance executives and they have been buying more common storks.

It is theoretically po.s.sible for the fund.s to make or break a market.

They have buying power to bid slocks up; they have the .selling power to make October, 1929, look like a strawberry social.

BllLT IN STABILIZ%riON

However, these funds are not in the market to make or br^ak. They are there to tuck money away in places that will produce a .safe, steady flow of divi-ilencls.

Tlmy are only a little Interested in wTmt ttie securities they hold eell far They are .seriously concerned about how much they yield.

There, in sharp di.stincton to llu irofc.'inual. the pcculMior HUd III'' iJttlc guy, iu a group Intere left in yield.

If a stock drop.s a handful of poinUs, the funds have only a small Incentive to sell. If it goes up, they have only a little reason to collect a capital gain, no matter how charming it may be. They haye only a tactical interest in the current market price of any slock. Their strategic intere.st is in the dividend.s.

Thi.s situation create.s an un-u.sual hlabillty in the market In effect, a large portion of the nalion'.s .securities are blocked off from active trading.

Thi.s might seem to favor the manipulator. If only 10 per cent of a corporations stick was actively beuig traded, a manipulator, it might seem, would find ways and means of exercising control over prices.

But in actual practice thks i.s not likely. For while tlip funds are cliieily intere:ted in dividends, they cannot completely ignoire tha market prices. If a swiCk price were to be run up br-yond it.s actual woith, funds would prohHbly sell. In fat t, their mnnager.'j would l>e under uhligation to beneficianee to

take their profit.

And if a stock were ueprrss-ed below its true wortli, the funds would be interested in buying for the same reason. Most of them have reserves m cash or government securitiea to make .such purchases possible.

However, de.splte their .stabilizing infUience, the funds do not and cannot guarantee the market. They may be able to brake it but the fund.s, no more than the Morgan bank nor the United States government, can exercise complete control, TREASURY FINDS DRUG HABIT-FORMING

Addicts of l-(3-cyano-3, 3 - diphenylpropyl) - 4-penyl-4-piperindinecarboxylate will have to find a new way to get kicks. The Trea.sury Department finds tliat l-(3-cyano-3, 3-diphenyU prapyl) - 4-phenyl-4-piperldine' carbuxylate is addiction-forintng and addiction sustaining and, accordingly Pre.sident El.sen* hower ha.s protTalnied it an opiate, putting it under the same controls as morphine.