The Algona Upper Des Moines from Algona, Iowa on September 6, 1960 · Page 10
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The Algona Upper Des Moines from Algona, Iowa · Page 10

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Algona, Iowa
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Tuesday, September 6, 1960
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In Newsweek's last issue there is a para* graph stating that Candidate, Nixoh's speech writers are .preparing 'his 'talk to be £iven on , the farm 'pldhk of his -party at Guthrl&'Center, dnd thtit the speech is to -put Nixon dn record as favoring "flexible supports." The .paKdgrcfph added that this is rhore or less the same Ben- sonlan idea, but without Benson irt 'the picture. When Nixon makes his speech, it will,be interesting to find out how accurate Newsweek's forecast has been. • The Republican party's farrn plank speaks only of the necessity for getting "Wider markets" for agricultural products, this is d fine generality; Nothing is said about improving farm prices. In fact to get "wider markets" it might mean still lower prices. On that basis, election of Nixon could mean . four more years of dismal prices, frustration and dispppoiritrh'eht for: midwest fdrmers. >' It could also mean repetition of recent years. Nixon, even if elected, is going to have a Democratic Congress. This means that Congress can, as it has four times in the past five years, pass farm legislation to improve the agricultural picture, and then have each one vetoed by Nixon if he sees fit. Some Republican papers have harped on the theme J6f' "why xlidn't, the Democratic Congress do; something 'for agriculture?" They conveniently forget that the effort was made four •times/ and vetoed four times. The Democratic iparty's farm plank is to the point — it 'is committed to do -all in -its power 'to'improve farm income, and a'Democratic Con- gtess With a : Derrk)c'rdtic'preslde'rit jhas-a chance to succeed^ .. ,-, ; .< . ; ' ',!'.'"; ' "• • '• '•' *. : '''.'*•' -' : ' ' * -' '' ' : IMPORTANT AFTER ALL '* When'a report yas first ( Issued that two employees'of the ^National Security Agency had disappeared, an'd it was later •ascertained that they had gone to Mexico, then'Cuba, and finally Russia, via Soviet tanker, ,the matter was officially brushed off as of little consequence. "Only minor employees, with no access 'to classified Information" We were told. ! But the picture has didhged. /*' It 'riciw seems that the 'employees had access to Valudble crytographic information. Their work included intercepting radio signals, and Work on communications inlelligsnse^a t most sensitive and delicate mdtter. it""is" r ripv/ even •believed that-they may have U.S. code data with them. There must be a serious weakness in our Own system 'of security checks v/hen something ijke this can happen. Let -us hope it is only an isolated incident. * , * * Oh for the good old days when all you had to remember in names of military weapons was M-l. Jdgumt Clipper PCS Cornea HUE. Call bU-cct—Ph. CY 4-3535—Alfiona, Iowa Entered as second class matter at the postoffice at Algona, Iowa, under Act of Congress of March 3. 1879. Issued Tuesday in I960 By THE UPPER DES MOINES PUBLISHING CO. R. B. WALLER, Editor & Publisher DON SMITH, News Editor DAKLENE KINSEY, Advcrlising Mgr. GEO. M. SMITH, Foreman NATIONAL EDITORIAL NATIONAL REPRESENTATIVE Weekly Newspaper Representatives, Inc. 404 Fifth Ave., New York 18, N, Y, SUBSCRIPTION RATES IN KOSSUTH CO. On^ Year. In advance $3.00 Both Algona papers, in combination, per year $o.uu Single Copies lOc SUBSCRIPTION RATES OUTSIDE KOSSUTH One Year, in advance .S4.00 Both Algona papers in combination, one year $6.00 Nu subscription less than ti months. OFFICIAL CITY AND COUNTY NEWSPAPER ADVERTISING RATES ON REQUEST "Good did Mel!" The A^arine Corps has done It again! vyliein a 'Marine'at'Ldguha Beach, in a. spot probably Svell-rfdhiey tHe Sandpiper Bar/ 'found, his dtrt missing, some6ne suggested 'he aik Mel Mmef in Peoria if 'he had seen it. The call from Gdl- ifornia •t6 ) lllindi* ^ds Made-There Wds-6;M*!Mri Miller in febria - and, with fha> Ihe 'Mbi'lfies found a new pal and Yedped-d "rr'SfljBltwrde chuckle. Ihcideritally, "ihe 'fe'lloW Who rridde ! fhe •cdll Vas^b 'cabfath, then. "Now he Is-a -rric(|o'r, a pr"0m0flon in keeping wifh 'the pUblidity accruing to the Marines. - . , Well, Mel 'Mfller hds been a guest of *thfe Marines. He has watched d horse race ndrried after him, met Jayne Mansfield, dnd was d guest of honor ds the'entire El Toro Marine Base personnel staged a full-dress review. What more could a man ask? And "Mel" came up with a good one, too, showing that some of the 'Marine polish has rubbed off on him. Asked how it was to sit down to lunch with Jayhe Mansfield, Mel replied — "what's so specidl about that? If I were 'home I'd have lunch wifh my wife." This is goin§ to put Mel in solid back home, for sure, and now'he can look forward ! to hdving more phone calls. The Marines cover "a lot of territory, but are seldom out of reach of d telephone. There's nothing'like a U. S. Marine revving up in the Sandpiper Bar! • • * * * HOVV DOES HE FIGURE IT? ' 'In the general campaign against Goverhbr Loveless, hovv seeking a seat in the U. S.'Senate, we read with Interest where -Martin Lauterbach,_ former state tax commission chairman is blaming tha governor 'because '"propei'ty taxes 'have increased during his administration -at an un- precede'nted rate." The property taxes have increased, to be sure. But the Governor is not responsible. The property tax is a direct result Of the combined county budget, assessor's budget, board of county education budget, school district budget, -and city or town or township budget — all rolled together to determine millage levy and thus your property tax. Property tax 'is not the result of any state assessment, unless it be a soldier's bonus or something similar. : Mr lau't'erbach' certainly must know this. * * * • 'UNEARNED LAND PROFITS Exchange — "By accident," a $1.3 million land deal profit was made by Charles E. Wilson —former Defense Secretary dnd before that president of General Motors — and by his son. That was revealed last week by Wilson. He said his son in 1952 bought a Michigan farm for $250,dOO. Then, "to be near his son," Wilson bought 314 acres of adjacent. land for $240,000. This made a total purchase price of $490,000. Then, "by chance," the Chrysler Corporation decided it wanted that land for a Technical Center, and paid the Wilsons more than $1.8 million for it, yielding them a profit over $1.3 million. Most'people who make such unearned profits in land claim it was due to their "foresight," but Wilson admitted this fortune dropped into the family lap. The people who will pay for that profit- are the purchasers of Chrysler products. All unearned land profits add to the cost of production and therefore raise prices and the cost of living. * * * THE LAST STRAW — Iowa Falls Citizen — Alas, Iowa's Senator Tom Martin is making the embarrassment complete. All Iowa, and Republican Iowa in particular, was red-faced over Martin's nepotism and his holier-than-you-mere-taxpayer attitude about revealing the true facts of the case. Now, in the final months of his term, he is spending the summer abroad on an inspection of American cemeteries. Not that such junkets have not been undertaken before, by members of both parties, but it was to be hoped that the Iowa senator would have the good taste — in view of what's gone before — to restrain such impulses during his final hours in the senate. P.S. Naturally his wife is accompanying him! * * * If you go into the Smoke Shop There may not be much to do. But if you'll sit and listen You can learn a lot from Sty! V -I <f - .- " *.$; i^liH^fajfgnWtfrlor f&ee Bii*f IfdttkftnlLwiiWlf?*. -, ^..^JyiliffiLtC«iii& ,1.' JwtfU^t,!* itArtMWttmtift. M »*.S_* • • ji^AuKii.v : ^f*V»*rf -'JVifc It ^ffm»ranounwKi>/inai county V &$v6kf orvferiUls.U*y*, $ty, tfhe'dbof at,tfte iefttol slam,- « fa n6w > eot|Khmi&e<aurmg tHe /•qfi'fflF*trW"'tfttrfM".ln tfrne 'fof- iTme"out"o'f a^basebalPgaffle with i dividend. ' ''' • , tfbme'othe> boys' /With a cfaeked «jbider'-- an ordtoto buy, Boulder firid ; Ed,7"r" """"" Hftfo ^rftffl Piffled ^ by slea'm'jftia.nd [.^J^-^J^.'HeTeMved -fife..:-i« "a ' * ne " rernoveu me _' * U«M»WM «.w AH c-^v^ U..UA ^«>,v,-.wv»',of j'TSan*! ffoiri ' a , tractbf/ He - suffered celled Toy the 1 , customer^ , ! >j ;?burnS |ofi his face, 'chest ~Md\ ,.,4${hir~ r .a'point medns•$1.60.;iritis.- -t . i ,.'. l - : ft!* tfftat Wev2 pmig MteM i. - W.K Jib rtri ,ffU *Uri J.^ e ' ',' ce -, t g. igne flight, Mr. Pottleby?" 7,000 CIRCULATION.. Next TUESDAY, SEPT. 13, this Paper Will Have 7,000 Area Circulation, In Conjunction With Dollar Day, Sept. 15. No Increase In Ad Rates - The Extra Circulation is FREE ! Tfft IT'S GOOD BUSINESS TO DO BUSINESS At HOME Since,he does not have thfe stock'•--_„ 'tb f de1ryei*, 'Me 'borrows 'it' from ;^ '{he br¥ke"i ( . 'If •thV'strJc'k declines '-jn He "Will buy -stock to -replace the , , * .» t. WrbWed^k.- His profit is M Robert ^Votleler, 78, Fflri., realized by the fact that-he a . h d t the , Kosguth ,! -replacing borrowed stodk as a' *° • . ^ j Algona . af ter «j h e' fell*' •lower price. •> * — -a machine 'which igMs . e. ',; Ari'd Mb Surtrfef Boys aii, - Sept. 10 Bob Whils And Tennessee Two Uiivea 6n atibifte U.S.A. ; - 'B6bby Hawkins And The Blue Boys Adm. $1.70 'plus. tx. lof. $1.80 "over the 'cburitry. ' m" ' A ITeiMy Repot^dfn(th'e^fation t * t €tft>itallby^myP&iti* .WORTHLESS' 'PROMISE — Sen. Nfeuberger of Oregon and The likelihood that the United Sen. Case of-New:-Jersey won'by States will ever,, recognize Red less than one vote,per,-district.-In. China is practically nil. "We've 1950, -State -Sen. ; Farrell di.-PhiTa- learhed our lession with Russia, delphia was •elected,by' only one In 1933 when the U.S. extended vote. And in 1860, Sen. Burdick diplomatic recognition to ••Soviet! of North -Dakota was. elee'te'dLliy Russia it was hoped the Com- only one "vote in every "two "dis- munist Nation Could become 'a; tricts. peaceful member of International • . —o— — society. Let's take a look at how' AN A'MEHICAN SP'EA'ft'S — things have worked out. In the \y e like,to;-peek over 'Cohgress- iritervening years 'the United men's shoulders arid ' see what States and Russia have met to- the folks back home are writing, gether on major issues 3,400 We thoagKt .jtou'd; like-this'one times. Negotiators for two Na- f rom 10-year-old 'David 'Collins tions spoke 107 million words—' o f Livonia, 1vlich. lf Dear 'Con- enough to fill 700 big books. Alii gressman/'Db you like tar. 'Eisen- of'this lead to 52 major agree-* howelr 1 ? TJO 'you 'like Stevenson? ments. And so what happened? i am irj years old. Do 'yOu 'think Russia has broken every one of any wfjmeh will ever be presi- these agreements except two. In dent of our ctfuntry? fa so,-how the case of Communist ChinEj long? My father is 5 feet "high, we know what to expect. It'is I stand 4 feet ; 8 inches. •! like Mr. quite apparent that we won't be Kennedy, how about you? I am doing business, with them for a politic fan all the way; Do you a long time to come. ; think Nixon • would be a good —o— ''President? By now." INVESTMENT IN HUMANI-; : — — —-77-. ... :.''.:; TY — Washington 'Highlight^ joins President Eisenhower wherj* he says "It's good .business to' employ the handicapped." For* tunately, a growing number of American businesses are learning .. the truth of this slogan. So often it turns out the handicapped person -is superior to. the non-handi-. GROWTH : ^TOCKS WHAT MA'iCBS A (SHOWTH ' Sdm'e •cpnipanies 'pay 'modest •dividends and ipltiw 'back a major Weii 1 e'arnirigs'to 1 :\ , 1 " gs , c ed as a growth-Stock. ffWESTORSt CORNER I by STAGEY R. HENDERSON I Tp 'GfftbW^H/STOCKS? Paiftly ./by.:, -hindsight:, — Has the fdcthiptfny.' done 'better than average 'in/the 'past — 'and "why? Earnings .should 'increase 'do. an. aver'age'df iJQ%'a.'year. _ ; Partly '-by -foresight: What is ! fh*ere to 'make it fto Tfe'fter than ; ayVrag'e' in -the, 'future?. The ••soundest igrowth. 'o'pportuhities are usually f buna /among "well- 'established compkni^s 'with able- 'rhahsEMeriierit ^na^ -adequate financial- resources. "Companies not "So s't^tthgly 'entrenched -should be regarded as growth opportunities only if t'hey have already de- •monstrated solid growth characteristics. Anything^ less puts investment for growth into a speculation. Next week: Investment Clubs and Gifts of Securities to Minors under the Iowa Uniform "Gifts 'to Minors "Act i • Your Vote and Support Will Be Appreciated In The Seritral Community School District Election On .._. X MONDAY, SEPfcji Candidate'For SCHOOL TREASURER capped person. He is loyal to his company, he is less absent from A GLOSSARY OF INVESTING the job and he is efficient. Giving .,. The language spoken by Stock these people a cnance to work brokers and investors may sound also has a human benefit. It strange to the new invpstor. It gives them a chance to hold their is often vivid, colorful, flavored heads up high to know they are with the idioms of many eras. supporting themselves instead of it "is our 'purpose here to define depending on others. At post of- 1 terms simply ana easily in the fices throughout the land a new interest of brevity and readalji- stamp is on sale and it has a lUy, ' INSURANCE A. J. (Arnle) Hicklefs Hospitalization' Health & Accident Life —Auto —-Fire — Hail . Personal Claim Service 2 E: State CY- 4-4529 simple message: Handicapped." "Employ the At the market — an order to buy or sell a security at the best possible price when the order reaches the trading floor. Averages — the'most popular SUMMER COMPLANT — Indignant eyes are being cast again at Americans who come to visit average measuring the trend ot our great National shrines dress- securities prices on the New ed as though they are going to York Stock Exchange is the the corner grocery. And in they 'Dow-Jones Average of 30 indus- walk by the thousands ... at trial stocks. The 30 stocks in the the Capitol, the White House, -DoAv-Jones Average are totaled Mount Vernon. Some Congress- anfl then divided by a divisor men have even expressed shock which is intended to compensate at some of the types of shorts for past stock splits -and divid- worn by women as they visit ends. As -a result, pdirit changes these cherished symbols of De- in the averages have only 'the rrvocracy. There is growing sup- vaguest re'la'ftbnsnip. to dollar port to set up rules governing price changes 'in stocks inclU'cled the way people dress when visit- in the -average, ing these shrines. Sympathetic as Bear 'fijfii'f'ice't -t^~ a decliriing we are to the tourists who visit market. here in the heat of summer we Bid ami Hiked — often »efor- clo feel they could dress properly red to a"s a -qubttitlOn '6r (judtes, and still be comfortable. The bid is -the tognest price ariy- —o— one will fp'Sy; 'the asked 'is 'tile BIG PAYOFF — Well, Con- lowest iprice at '•whic'h, anyone 'Is grcss is about to leave town and willing'to sell, they've done a good job, as Big Btfawl — a 'pofcUlijr 'terro usual, of spending the taxpayers' f or the ¥lew Ydi'k 'Stock ©chard-earned money. True, most change. of it is essential. But there's an Blue %"Hlj> — 'Cbnihlbh %'tbcik 'In lot of was»i--, too. Let's yet a company known •na'tioha'ljy for billion. Pretend that you tan bad. turn out one dol.ar every second Boiler $»Wtth — !ftigh I simply by snappliig your fingers, peddling •ijV'lr *ttie Hie}dp"hbhe 'iff Keep this up for 60 seconds stocks W 'atWlOus Value, . every minute, 60 minutes every Book 'Wfctfe — ! Wie Wtfe *tif f <M$ hour, 24 hours a day, 365 days a assets a^ ftftlSfi *tfn %fe %*E«fe W- year. At the ; end of 32 years — t er dedttiMJil^ W iftpltft- 'I^Sflill*. and with no sleep — you would The bodk Vifttfe Wf % WftfttMy have produced only $1 billion, may ha^? >lf$l£ <w *6 ^%jl|tcllrt And there's still $79 billion to go. relationsHlp "to ~maf k"c?t v vglue. — o- a u n <niarket — an advancing' TAKE ANOTHER LOOK — ma rket. About 13,000,000 Americans p a y wdte? — an order to bi^y from me nies oi tne Algona Upper Des Moines Sept. 10, 1S40 • » » For the second straight year, the Bancroft Lions annexed the Iowa state amateur baseball championship. The title went to the Lions after a win victory over the Veterans Hospital team of Des "Moines Sunday at Bancroft. The Des Moines club won the state's south half title and Bancroft took the north half title in games played a week,earlier. The Lions won by scores of 4-2 and 7-0, making the third game of the play-off series unnecessary. -Patterson -hurled the -opening win and Erickson came through with the second game shut-out. He allowed only two 'Hits. Top stickers for the wih- 'ners -were Walt Menke, Murray, Becker, Welp and -A. -Menke. '• % . .". IhvefJligalioh co/itihped in the case df ! the jewelry 'theft : n<iar Whittembre arid all signs ihdi- cated the thieves zig-zagged 'fheir 'way 'north through 'Kossuth., county "into Minnesota, and prob- aTily T to : <he "Twin 'Cities. The 'fheft 'occurred a 'Couple of weeks ago. 'A 'Chicago salesman and his •dhauffeur we're robbed of jewelry samples and 'their car driven into a ditch along 'the road bt't- VeBn Wh'ltttirn'bre ,and Wedl 'Beri^. A suitcase and discarded samples ,-Were 'founfl east of "Swea •Qlty soon 'iftCr 'the -ho'ld-up oc- HiUffeS, nn8 la'te>, 'two 'empty Sre, ! locrite^, one north 'hKtettiOre -ehfl /^he olhe"r %ear feane «o'dk. ALGONA INSURANCE AGENCY J. R. (Jim) KOLP Surety Bonds — All Lines of Insurance 206 East State St. Phone GY 4-3176 BLOSSOM INSURANCE AGENCY All Lines of Insurance Automobile - Furniture Loan 7 N. Dodge Phone CY 4-2739 BOHANNON INSURANCE SERVICE 1 N. Dodge St. Ph. CY 4-444S Home - Automobile - Farm Polio Insurance CHARLES D. PAXSON Dwelling, Auto, Liability, Life, General Phone ,CY 4-4512 . KOSSUTH MUTUAL INSURANCE ASSOCIATION Over $74;000,000 worth 'of insurance in force, A home r cc*mpahy. Sa'fe, secure, *Phbne;CY 4-3736 liolis 'Scuflhanv ""--* Chiropractor Dr. D. D. Arnold Chiropractor Over Penney's Office Phone — CY 4-3373 Hours: 0:00 — 5:00 Open Friday Night ~~ Dr. William L. Clegg Chiropractor 521 E. Stale St. Hours: 9:00 — 6:00 thru Sat. 9:00 — 9:00 Friday Ph. Off. CY 4-4677 Reii CY 4-3469 DOCTORS MELVIN G. BOURNE, M, D. Physician & Surgeon 118 N. Moore St. Office phone CY 4-2343 Resident phone CY 4-2277 J. N. KENEFICK, M. O. Physician & Surgeon 218 W. State Street Office phone CY 4-2353 Resident phone/CY 4-2614 H^RBST fNB. AGENCY 'FjSr -Auto, JloWse, /Household /Mads, 'and Many Other ^ma ^hone GY V 4'3738' T«iS 1. Herb>t ^ . •Idwa Tarm Mutual II»B, Co. AM^d Wito Farm Bureiti ^Uto:<wl ^o^i^»" OLD C. SUNDET RenreMiftJng • JPhMB ;C* MM won't vote in November because O r sell al a set price which ex- they feel their vote just doesn't pires on the day tlie order is count. How foolish. Consider given, unless executed. what happened ov x er the past 16 DeberrJtii* — a •promissory years. In 1944, Sen. Taft of Ohio no te backed solely by the gene- won by less than one vote per ral credit of a company and not district. On the strength of thi»t secured by »« 'mortgage 'or lien oa he almost became Prcsiacril. In any specific ^j^jwt^. W8, Son J"l>nson of Texas, the % p llar afaiftisjWi — a w*- m'mocratic Vice -presidential no- tefh of b,u^}ftg ftpjfe.lfi' taifWgl "hunee, earned the big State of funds at re|frar 'fritervals w'TOi' Texas by only 87 votes. In 1950, a fixed amount of dollars invest- •<3ov. Williams 'of 'Michigan was. , a* *»*» a ct^mmtdte * elerted ^by-less -than one vbfe fbf '"fMel ' regardless *c« the every three districts. In 1954, )n g prices of the securities. This Guv. Harnmaii oi New York, wyy the investor averages thu <n*fttUB •&. ^'eiftitji't. ilrtven'teij ; "8 $%&. '^^ "^ ^-^IP rt ^ ie *' 'cafleo; puna. The ih'fo'fniatidh was received by relatives here, including his parents, Mr end-Mrs I. Wernert, The story of his discovery, appeared in an Akron, Ohib, hcwspaper, complete with photos of various stajjes in the 'manuf-acturo of the synthetic. Tires made from buna had been tested and proven satisfactory. • . » * « Tof*l ei^ollhlbni In A^K>h%% (Jjlfciic school 'sV^tem was listcfl 4jj liSfie, iin'jntfiK>8se oVcr we pre- "vious year. Tlfe 'total 'in ¥$39 "iVtfs 989, and 1940 figures indicated m qmtetise <&. w ^naents du*inf % $Ve year 'perieS 'fter*. More than half of the total enrolled in 19-iO, or 535, \vcit junior hi^h VlF, . Qijre *!?hfe ^ulta'W 'Sbtfefy 'Of _ , _The United States Burt - Iowa P hone CRAWFORD INSURANCE BEHV-ICE Andy Crawford All Types Of Insurance 'Office Phone CY 4-2^79 CAROL L. PLOTT. M.D. 110 N. Moore Street practice Limited to Surgery Office Hours by Appointment CYpress 4-4864 Office CYpress 4-4331 Residence JOSEPH M. ROONEY Physician & Surgeon 114 N, Moore Office phone CY 4-2224 Resident phone CY 4-2232^ JOHN M. SCHUTTEH, M.D. Physician &• Surgeon 220 No. Dodge, Algona Office phone CY 4-4490 Resident phone CY 4-2338 OPTOMETRISTS PR. L. L, SNYPER Optometrist 113 East State Algona Telephone CY 4-27U 'Closed Saturday Afternoons Prs. SAWYER and ERICKSON Eyes Examined Contact Lenses Hearing Aid Glasses 9 East State Street Algona, Iowa Phone CYpress 4-2196 Hours: 9:00 a.m. to 5:00 p.m. Saturday Afternoons PR, C. M. O'CONNOR Optometrist Visual Analysis & Visual Training 108 South Hailan St. (Home Federal Bldg.) PHONE CY 4-3743 Fdrm Management Palo Alto Hymboldt Kowujli Covnti«»

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