(Q) Please describe as to whether the present decisions
being made regarding the Natamsa Publishing Company, the
"Savings Bank Journal," will lead to successful sequences
and rightful results?
(A) Not too easily will this succeed at the beginnings, but
if those policies as to activities are held to, as is the
purpose of the entity, we will find very soon the receiving
of a great deal MORE consideration in what is now rebel camps
as to SUCH publications. Thus, with the new policy, it can
become not only the official organ for the savings banks
but of those who are the rightful OWNERS of the capital
represented in such banks. Thus in many of the UNIONS,
even, it will make an organ that will become more widely
read, more widely quoted even that SOME of the organs of
such associations or unions.
Hence as we find, this is a step that may be truly said has
DIVINE sanction.
(Q) What ways may I protect myself against the present
editor of the Savings Bank Journal, James C. Young of New
York City, and plans he may have to jeopardize the standing
of the Journal?
(A) That of, as may be well expressed, "loving indifference"
towards his activities; that is, not to hold or to create any
activity which would promote animosity, hate, distrust even.
Hold to the purpose, the intent which IS the basic factor in
the desire for a change in the status quo as it were of the
Journal's activity among peoples; depositors as WELL as the
institutions themselves.
(Q) Is the editorial policy I have in mind, dealing honestly
and realistically with world and domestic conditions, apt to
be well received?
(A) As indicated, for the moment a wonderment, - and then
some criticism. But we would hold to the policies of having
those who are in the position of mediators BETWEEN the varied
camps express and give their word as to the policy and its
needs; and this would make for a quicker adjustment towards
those activities as may be the outcome of the purpose and
thought prompting the change in the present.
Such as those not only of the institutions, - for remember,
there are many of those in the savings institutions who HOLD
to that of honesty and of policy and of acquainting ALL with
the facts, as self. There are those in high positions
politically, as well as in the economic change in
transportation activities, whose mere word has its
influence; and those giving same will aid in making the
quicker adjustments.
(Q) Will the Savings banks continue to give their financial
support to the publications, - Savings Bank Journal and
"Labor's Capital," after the changes in editorial policies?
(A) They will remain in much the same position as at
present; a need to them, and a factor that may be used
for or against. And the very heart OF the activity is in
keeping with the BETTER ones in the position for activity.
To be sure, there will be some who will raise their voice
against the change in policies. Most of these will soon
find that the interest, the activity will be such as to
help rather than hinder the purpose of their institutions.
(Q) Is "Labor's Capital" a suitable name for such a
publication?
(A) This is very well. As we find, it will need some
considerations as progress is made.
(Q) Is Mr. [
1724] the right entity to take over the
editorship of the publication?
(A) The abilities here are rather unique for such an
activity. While the purposes, the desires are in the right
direction, we find that the training and the activities
have made of the entity one rather malleable. Thus, with
stiffening that purpose with the IDEAL, would be correct.
(Q) Should this be done immediately?
(A) As soon as the policies are to be changed. It would
necessitate then an immediate beginning of activity.
(Q) Should the cover design of the Savings Bank Journal
in January be completely changed, or should the old cover
design be continued for a while?
(A) Be continued NECESSARILY for a while. Two to three
months, - then the evolution of the idea.
(Q) Is it timely for the Savings Bank Journal to feature
the discontinuance of its relationship as the official organ
of the National Association of Mutual Savings Banks?
(A) It is rather that the policies are to be such that it
will REPRESENT BOTH faces of the situation, and thus become
rather as an advice TO the official organ, see?
(Q) It would not be harmful to divorce the publication from
the Association of Savings Banks?
(A) Would not be harmful - this will be of itself, see?
because it will separate naturally itself from them.
It will be rather, you see, the VOICE of the people as
RESPECTING savings AND the labor as respecting ITS savings
in such institutions!
(Q) Will the repercussions be satisfactory or
unsatisfactory?
(A) There will be some of each. MORE satisfactory, provided
the factors indicated are a part of the change.
(Q) What factors do you mean?
(A) As just indicated, - the voice of those who act in the
capacity as the mediator, - the voice of those who act in
the capacity of the directing of corporations, organizations
that are a part of the directing factors of those who are the
depositors in such savings institutions.
As Wheeler, as Railroad directors, as some bank institutions,
see?
(Q) Would it be advisable to secure a letter from Senator
Burton K. Wheeler and others, to be published in the January
issue of the Savings Bank Journal, commenting on the new
editorial policy of the magazine and praising my record?
(A) This is as has been indicated. This has been spoken
of as advisable, see?
(Q) Would it be advisable to send a Christmas letter to
Savings Bankers notifying them of the new independent policy
of the Journal?
(A) This would be very well, if it is not made to be a bone
of contention but as the Season represents, - rather peace
BETWEEN all factors in such associations and organizations.
(Q) Is it effective to pursue the adequate financing of
the new publications, - Savings Bank Journal and "Labor's
Capital," through John D. Rockefeller or some other public
spirited individuals?
(A) This is well to pursue through such channels, - and
that of the Rockefeller will be a part of such aid.
(Q) Is Mrs. [
1782] a Divinely led contact for the public
work of the new editorial policy in which I am engaged?
(A) As we find, one through whom there is to be the leading
TO the ones who would be, as it were, DIVINELY sent, - and
thus the factor, the channel, the door to same.
(Q) Should I retain Gerald Dumars as advertising manager
of the publications?
(A) If there is the ability of Dumars to see that the change
of policy is represented properly in the class of advertising
sought. Very well, - capable; but one that seeks SELF'S
interest without the thought of an ideal.
(Q) Is there any other advice you can give me, which will
build up, on a self-sustaining basis, the editorial and
publication policy I am pursuing?
(A) This is a publication that is breaking new ground, as
it were, in a manner; going into fields that have been
heretofore considered by many as a divided field, - and is
making rather here a bid for coordination and cooperation of
efforts. Thus it will require on the part of the editorial
staff considerations that will be rather in the form of NOT
revolutionary but evolutionary in concept. But as has been
given, the TIME is at hand, - the policy is His.
Then do not grow weary in well-doing.
(Q) Will these policies I am pursuing permit me adequate
economic release for promoting further development of good
labor-management relationships?
(A) They should, - and will.
(Q) Will I amply meet my obligations for retaining my
Bronxville home, and to relieve me of other indebtedness?
(A) As we find, these are working out satisfactorily. There
may be yet some periods of anxiety, - yet all of these will
work out correctly.
Keep the faith in that which has been, which is the prompting
of that purpose ye gained as ye walked in the way to Emmaus.
(Q) Will it be necessary for us to go to Florida this
winter?
(A) Be POSSIBLE, - be probable; in February.
We are through for the present.
Copy to Self - Metropolitan Club, Washington, D.C.
Copy to Ass'n file
BACKGROUND
See previous Business Readings.
REPORTS
12/11/38 He obtained a Ck. Physical - See
1151-19.
12/27/38 He obtained a Business Rdg. - See
1151-20.



Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation