RKOmedy.com
              RKOpoly.com
RKO  Pictures  was  a  media giant.
RKO operated theatres,  produced movies,  and owned  the RKO Radio NetworkInnovation was a primary emphasis for the success  of  this Mass Marketer of  entertainment.  Adding  RADIO  to the names  of  Keith  and Orpheum Theatres,  emphasized the distribution of  programs and films,  such as  King Kong.  “National release was April 10, 1933.  RKO  was nearly bankrupt  by  this time  and the cash proceeds from King Kong  literally saved the studio from destruction  at the eleventh hour.”  Ownership  did not guarantee control,  and the controllers  tuned  them out.   The strategy of  exploiting Mediocre Monopoly  “by  licensing spinoff rights” to popular movie productions,  such as  King Kong.

 
  Two major owners  of  Theatres  owned multiple media outlets  in several cities— across The United States.  Are we  to  allow  a Gorilla  like  King Kong,  to seize Multiple Media Venues?  Do we fight Kong Glomerate,”  or  Lose our Freedom?

Net Neutrality”  Neuters  Internet  Network  providers—   With  an  AXE!   ( See  “Fairness )

 
  Minority Ownership  has been encouraged,  as a means of  achieving diversity and competition.  Speaking as the  “Homely Homilies man,”  I  offer  this  Moralistic Elucidation:  A picturesque friend  told me that he had given a table saw  to a mutual friend of  ours.  This was after he had used the tool,  inherited from his Grandfather,  to modify his house  for his Photography Studio  and film processing.  Two or three years later,  he wanted to build a studio for his wife,  to teach music lessons.  He went to get the table saw from our friend.  After the saw was carried out  and loaded into his car,  the friend  reminded him to return the saw,  by this remark:  “Remember  who Owns this saw!”    This was not very tactful,  considering that the person who was “Borrowing”  the saw,  had  given  it  to him.
 
  Stephen smiled,  and explained:
“It is not important  Who  Owns it.
 Who  Gets  To  Use It,  is  What counts! 

 
  Orpheum Theatres  merged with Keith Theatres  to create a Collosal Combination  to control Entertainment,  Out in our vast country.  Mae West  and W.C.Fields  performed in their Theatres.  Except  when political panderers Proscribed her amazing perfomance in Detroit.
     Your conscientious concern for Popular Acclaim— Implies your Ratification of  Mae West’s acquiescence  of  the assistance of  Clarence Darrow.  A gentleman told me about an event in Detroit,  which he personally observed.  Mae West was hired to perform in a theatre,  in that city.  The City Council obtained an injunction to prohibit her from introducing Moral Turpitude  into the environs  of  their  Virtuous City.
Obstreporous Lady
 that she was,  Mae West hired Clarence Darrow  to  champion  her  “Free Speech  rights.”  “Pro Bono,”  it wasn’t.  He  was paid  to unfetter her frivolity  in this Bastille of  proscribed  performances.  She  stars in  a movie  which  has  a  courtroom scene.  The  Judge  looks  at her,  and  sternly asks:  “Young Lady,  Are you  Showing  Contempt  for  this Court?”  Mae West  snidely replies:  “Yer Honor,  I was  Tryin’  my best  Not  to show it.”
 
  Minorities Control the Use  of  Theatres,  transmitters,  Radio and Television Broadcasting facilities  by voting with their Dollars and Feet.  They can Tune Out  those Mediocre Media Giants.

The Sovereignty of  Consumers is Supreme:
          Penny Ante Voting
The best Government that money can buy:
Ac-Cent-You-ate  The Positive,
E-liminate  the Negative:      
(Temptation  for  Elected Leaders),
Latch on  to the affirmative,
Don't Mess with  Mister  In-Between:       
(Lobbyists,  and  Ladies).

The Harlem Corner  illustrates “Central Planning”.

Private owners are in business  just to make money.
Rosa Parks’ money:  good as  white people’s money.
Which is Best?  Ownership and Rights,
    or Government Planning.



Henry Clews wrote about  my Hero!  in his book:  TWENTY-EIGHT YEARS  —  IN WALL STREET.

Page 355              Chapter XXXV.
                    WILLIAM H. VANDERBILT.

William H. Vanderbilt  was not much of  a speculator  in the Wall Street sense of  the term.  He was more of  an investor than a speculator,  and his investments  had always  a healthy effect upon the market.


Page 358       WILLIAM H. VANDERBILT.

     After the death of  his father  the executive powers of  Wm. H. Vanderbilt,  in the management of  the vast railroad interests  bequeathed to him,  were called into active play.  The great strike of  1877  among the railroad employees  threatened to paralyze business  all over the country,  and came  pretty near  causing a social revolution.  In this emergency  a cool head  and prudent judgement  were valuable attributes  to a railroad manager.  Mr. Vanderbilt proved that he possessed both  in more than an ordinary degree.  Just prior to encountering the knotty problem of  the strike  he had been highly instrumental in bringing about  suspension of  hostilities  in the freight warand  the course which he advised  led to an arrangement that produced harmony  among the trunk lines  for a considerable period.  As a consequence of  the rate war  the railroad companies were obliged to cut down the wages of  their employees,  and this was the chief element  in causing the strike.  There were 12,000 men  in the employ of  the New York Central and Harlem.  Their wages had been reduced  Ten per cent.  and they had threatened to annihilate  the Grand Central Depot.  Instead of  making application to have the militia  called out,  as  had been done in  Pennsylvania Mr. Vanderbilt— although  a man  possessed of  far more than ordinary courage— with keen foresight  proposed  a kindly compromise  with his employes.  He telegraphed from Saratoga  to his head officials  an  order  to distribute  $100,000  among his striking employes  and promising them a restoration of  the ten per cent.  reduction  as soon as business improved to a point  justifying  such an advance.  This prompt and prudent action  had the desired effect,  and the consequence was that  while there was a small insurrection in Pittsburgh,  and bloody war  to the knife,  at great cost to Allegheny County,  calmness reigned in the prominent railroad circles of  New York,  and the taxpayers escaped the burden  that might otherwise have been put upon their shoulders,  and the demoralizing effects of  violence and bloodshed  were prevented.

Page 359       WILLIAM H. VANDERBILT.

Over  11,500 of  the  12,000 men  returned to work,  thus showing their gratitude to Mr. Vanderbilt  and faith in his promise,  which was afterwards  duly fulfilled.  The policy of  Wm. H.,  in the management of  his great railroad system,  unlike that of  his father,  was entirely pacific  in its character.  He was disposed to settle all misunderstandings  by reason and arbitration,  and had no inclination for fighting and conquest,  after the manner of  the Commodore.  Although a very close calculator in business matters,  a habit  to which he adhered  even to the precision of  striking out  superfluous items  which should not have been charged in his lunch bill Mr. Vanderbilt was  in many respects  generous  to a fault.  He compromised the suit with his brother,  “Young Corneel,”  allowing him the interest on  $1,000,000,  whereas  his father  had only left him the interest on  $200,000,  with a forfeiture clause  in the event of  “Corneel,”  contesting the will.  Wm. H.  also made a present of  $500,000  in United States bonds  to each of  his sisters,  out of  his own  private fortune.  A good story is related  in connection with the distribution of  this handsome gift.  Mr. Vanderbilt,  it is said,  went around  one evening  in his carriage,  taking the bonds with him  and dispensing them to the fortunate recipients  from his own hands.  One of  his brothers-in-law  having observed  by the evening papers  that the bond market  had declined  a point or two  on that day,  said,  “William,  these bonds fall  $150  short of  the  $500,000,  according to the closing prices of  this day’s market.”
“All right,”  replied Mr. Vanderbilt,  with assumed gravity,  “I will give you a check for the balance,”  and he wrote  and signed it  on the spot.  It is related that another  brother-in-law  followed him to the door,  and said,  “If there is to be anything more  in this line  I hope we shall not be forgotten.”  It is said  that these remarkable instances of  ingratitude,  instead of  irritating him,  as they would have  in the case of  an ordinary individual,  only served to arouse his risible faculties  and that he regarded the exhibitions of  human weakness  as a good joke.


Page 369       WILLIAM H. VANDERBILT.

     That hasty expression,  “The public be damned,”  which Mr. Vanderbilt used  in an interview with a reporter  for a Chicago newspaper,  has received wide circulation,  various comment and hostile criticism.  Although the expression is literally correct,  the public at first,  and many of  them  to this day,  received a wrong impression  in regard to the spirit  in which it was applied.
Page 370       WILLIAM H. VANDERBILT.

It  was  represented  as if  Mr. Vanderbilt  was  a  tyrannical monopolist,  who  defied  public opinion.  A  true and simple relation  of  the interview  is  a  sufficient answer  to this.  The subject  was  the  fast mail  train  to  Chicago.  Mr. Vanderbilt  was  thinking  of  taking  this train  off,  because  it  did not pay,  and  did not  appear  to him  therefore  to be  a necessity,  and  he  did not  propose  to  run trains  as  a  philanthropist.  As part of  the interview  which  relates  to  this point  has  become  so  widely historic,  I  think  it  will  bear  reproduction here,  literally:

     “Why are you going to stop this fast mail train?”  asked the reporter.

     “Because it doesn’t pay,”  replied Mr. Vanderbilt;  “I  can’t  run  a train  as far  as this  permanently  at  a loss.”
     “But  the public  find it  very convenient  and useful.  You  ought to  accommodate them,”  rejoined  the reporter.

     “The  public,”  said  Mr. Vanderbilt;  “How  do  you know,  or  how  can  I  know that  they  want it?  If  they  want it  why don’t  they  patronize it  and  make it pay?  That’s  the  only test  I have  as to  whether  a thing is wanted  or  not.  Does  it pay?  If  it  doesn’t  pay   I  suppose  it  isn’t wanted.”

     “Are you working,”  persisted the reporter,  “for  the public  or  for  your  stockholders?”

     “The public  be  damned!”  exclaimed  Mr. Vanderbilt;  “I  am working  for  my stockholders.  If  the public  want  the train  why  don’t  they  support it.

     This,  I think,  was  a  very proper answer  from  a  business standpoint,  and  the expression,  when  placed in  its  real connection  in the interview,  does not imply  any slur  upon  the public.  It  simply intimates that  he was urging  a thing  on the public  which it did not want and  practically refused.  The  “cuss”  word  might have been left out,  but the crushing reply to the reporter  would not have been so emphatic,  and that obtrusive representative of  public opinion  might have gone away unsquelched.  As it was,  however,  he and his editor  exhibited considerable ingenuity  in making the best misrepresentation possible  out of  the words of  Mr. Vanderbilt,  thus giving them  a thousand times  wider circulation than  the journal in which they were first printed,  and affording that paper  a big advertisement.  This is the correct account of  that world-renowned expression,  “The public be damned,”


“The capitalists,”  “are not supreme,  they are steersmen only,  bound to obey unconditionally  the captain’s orders.  The captain is the consumer.”

Profit Signals  make it “possible to apply a method of  reckoning and computation”  to guide each person in social relations.  Eleemosynary  proclivities,  and Selfish,  personal gain,  are harmonized to provide the most urgently desired benefits to others.

Economic Calculation In The Socialist Commonwealth,
By Ludwig von Mises,  originally published in 1920.

MAYDAY!!    Mae Daigh
     Made A  Meta-date  in Dayton,
     with a Maya  (maybe?)  as Maid “A.



Reminiscences of  Reconstruction.

Scopes trial,             Free-lunch.

Should we adopt  Perfect Government?
stopbigmedia.com

De Ploy:  By passel  a’ byrinth Legislation.

Man’s Natural Instinct

Free State Project   PorcFest 2007.

Isonomia.US

LandGrab.US
Eminent Domain -  Condemnation:
reduces  Private Property to a priviledge,
and creates Nomads.


Chattanooga-chews

Why do we Drive  on  the
Opposite Side
  of  the Road?
  (from Britain).


In-Jean-uous — Fastep    FREE Volity!

Abe & DonALL  hopeful?
                  (
or—  HOKE?)