Hope Star from Hope, Arkansas on December 10, 1938 · Page 1
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Hope Star from Hope, Arkansas · Page 1

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Saturday, December 10, 1938
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John T. Fjynn Says:j .Objections to Borrowing Theories '""""""" By JOHN T. FLYNN NEA Service Staff Correspondent Sometime ago I reported a plan for an economic program for democracy proposed y a group of Harvard and Tufts professors. Readers have written to ask If I approved the proposal for a continuing policy of government borrowing. For some reason they had the impression thai I did. The aliswer, of course, is that I do not. But the subject is one of growing im' ®portance as are the facts out of which that Importance .grows. Our present capitalist system must have investment functioning actively in order to keep alive. And, for a variety of reasons, active investment has been growing steadily less. Certain economists who recognize this say the only way out is for the government to take over the function of investment. They therefore insist that the government must do the borrowing. This being a more or less frightening prospect they defend It on the ground that it is not as important or serious as it seems, if the government will see that the bonds are distrbuted among the people. Under these circumstances the government will tax the people to pay the interest but it will pay the interest o them, one operation cancelling the other. With this theory I am in complete disagreement. Profit From Borrowing? There is another theory that the government ought not to hesitate to borrow since that is Die only wny to keep the system afloa. And although after a while the debt will become oppressive, the government will shake it off by devaluation. This seems cruel, but the defense is that it is essential, that for many years the borrowing does actually produce a widespread condition of relief and even makes profits for the well-to-do. While devaluation will hurt their investments, a failure to borrow would hurt them—in fact, destroy Suez Canal Latest Demand by Italy Upon the French Fascists Soft-Pedal Talk About Africa—Want Share in Canal KIE N N E DY RETURNS U. S. Ambassador Sails FVom England—Talks of European Topics ROME, Italy—(#)—The authoritative editor Virginio Gayda voiced an Italian demand for a share in the control of the Suez Canal Saturday after citing figures to show that Italian traffic through this Near East artery is second only to Great Britain's. In most other means of expression Italy claims for the gratification of desires in suddenly. French Tunisia subsided Kennedy Talks SOUTHAMPTON, Eng.—(/P)—United Slates Ambassador Joseph P. Kennedy said Saturday the major need in solving Europe's refugee problem was "co-operation from Hitler." "You can stop worrying about where to put the refugees now," he said. "That problem will be solved." He discussed this problem along with war debts before sailing on the Queen Mary for the United States. About war debts he said: "I think we can probably make a deal with Groat Britain about war debts, but I'm afraid it will have to be a deal that public opinion in the United States is not prepared to accept." Grass Fire Hits Ozan M, E. Church Flames Extinguished After Rear Corner Is Damaged The Ozan MtSihodiat • ohurch caught lire Tuesday afternoon from a grass fire which originated on the vacant lots back of the church. The exterior of one of the rear corners was damaged, but no damage -was done on the interior except that done by smoke. Garages belonging to J. H. Barrow and B. A. Barrow and other nearby buildings were endangered. Grass fires have caused quite a bit of excitement in the Ozan community for the past week. Most of the vacant lots around the town have been burned off. There have also been several fields and meadows burned. Cotton Quota Is Discussed at Ozan Soil Conservationst Meets Farmers Regarding . Saturday Vote County soil conservationist McMa- hcn met with the farmers of the Ozan community, at the Ozan Baptist church, at 10 a. m., Tuesday, to discuss the marketing quota issue which is being voted upon Saturday, December 10. Earl King, local county committeeman, discussed problems of interest to the group. At the close of the meeting, King appointed Mrs. Chlora Citty, J. K. Green and Jerome Smith to serve as officials for the election, Saturday. them very much quicker. I am also in disagree'm.'ent with tliis school, though I believe it ot be more logical tha nthe first. The fact is that it is impossible to pile up public debts without also piling up an imense debt service load which s oppressive. And it is impossible to distribute the debt among the masses of the people without destroying the very effect sought by creating the debt. Add Billions—In Debts In the last six years we have added billions to the national debt. But most of this is in the possession of the banks. The banks belong to a very limited number of stockholders. The taxes to pay the interest cpme out of the 'm'asses of the people but the interest is paid !o this limifbd number of stockholders. It may not be heavy interest but certainly, whatever it is, the masses do not collect it. It is only a matter of time when we will-have to fund this depression debt. When we do the interest change on the whole debt will be around a billion and a TiahV Thereafter that sum-will be a disturbing factor in every budget. Because we have too heavy a charge we shall hear that we cannot do this and cannot do that. The activities of the government will be circumscribed. The thcary of the perpetual debt and its pcrpcrlual expansion is an alluring one. But it won't work. Star VOLUME 40—NUMBER 50 WEATHER. Arkawtaa—OeeMJona^rains Saturday night and Sunday; warmer Saturday night', colder in northwest portion Sunday. HOPE, ARKANSAS, SATURDAY, DECEMBER 10,1938 PRICE 6c COPY Hempstead County Fair Ends Season With a Balance Receipts $1,687, and Expenses $1,481, Report Shows $675 IN PREMIUMS Local Fair Meets All Expenses, Closes With $205 in Cash The first revival of the Hempstead County Fair, this past,September ended with all bills paid, including $G75 in premiums, and a cash balance of $206, according to the financial report published Saturday by Lee Garland, Fair association president. The report follows: Hempstead County Fair statement: Receipts Chamber of Commerce ? 226.70 Catalog 485.50 Concessions 400.00 Gate Receipts 484.40 Rides and shows 79.50 Entrance fe«s (Tennis) 10.50 Sale of Lumber 1.00 Total Receipts $1,687.60 Expenditures Cos ? 26.89 Incidentals 42.86 Printing 267.81 Express 2.70 Labor 226.32 Band Mothers ' 37.65 Mileage Cost 10.60 Material? 80.94 Ribbons & Trophies 50.49 BROADEN PENSION Lights Donation to Hope Band for ,Pine Bluff trip 49.02 10.00 Premiums ....... ;. ................................. 675.85 Baptist Conclude State Convention Rev. W. R. Hamilton Is Appointed to Ouachita College ^Board ARKADELPHIA, Ark. — (/P) — The Arkansas Baptist state convention will hold its 1939 meeting on December 5 at either Monticello, Forrest City or Total Expenditures .................. ?1,4SU3 Total Receipts ............ ................... $1,687.60 Total Expenditures .................... .*•.. 1,481.13 Balance in Bank December 7, 1938 ........................................ 5 206.47 Amount of checks unclaimed ........ ?3.00 Little Rock. Invtations from these three cities One Congregation Defends College Baptist Neighbors Criticize State Denouncement of Commonwealth MENA, Ark.—Baptist neighbors of Commonwealth College have risen to the defense of the labor school, recently denounced by the Arkansas State Baptist association as "communistic and atheistic." A request for a retraction and apology sent in recently by the congregation of the Center Point Community church, a Baptist institution. The church is two miles fro mthe college were referred to the executive committee following adjournment of the 1938 meeting here Thursday night. The Rev. A. M. Terrington was elected to preach the next convention sermon. The following boards were appointed by the convention: Ouachita college: Term expires 1941 —J. P. Crawford, Pine Bluff; Tom F. Digby, North Little Rock; D. D. Glover, Malvern; W. R. Hamilton, Hope; A. P. Eliff, Clarksville; J. F. Queen, Hot Springs; J. W. Ramsey, Fort Smith; E. S. Terral, Tillar. Term expires 1939—Charles A. Gordon, Pine Bluff; Harold Harris Wynne; J. B. Jameson, Camden; T. H. Jordan, Hot Springs; Lee Nichols, Booneville; E. Nowlin, Arkadelphia; L. D. Summers, Mena; C. C. Tobey, Arkadelphia. Term Expires 1940—Hugh Benton, Fordyce, J. E. Berry, Smackover; E. L. Compere, El Dorado; C. L. Durrett, Little Rock; W. D. McMillan, Arkadelphia; C. H. Moses, Little Rock; Homer B. Reynolds, Paragould; Chester Sturgis, Arkadelphia. Central College: Term expires 1941 —W. S. Campbell, Fayetteville; Leslie P. Crafton, Conway; A. L. Goatcher, (Continued on Page Three) Some of the following statements arc true. Some are false. Which arc which? 1. Princeton is the oldest university in the U. S. 2. The Pope is elected by a council of cardinals. 3. Jane Addams was known as "Calamity Jane." 4. Jack Dempscy is a famous restaurant owner. 5. The Japanese invented gunpowder, Answers on Page Two Goodf ellow Drive Beins Next Week City to Be Canvassed for Cash — Good Response Is Urged Tlie finance committee of the Goodfellow's drive was announced Saturday as Frank Johnson, Carter Johnson, G. R. Bayse, Lloyd Spencer and Clifford Franks. The Committee is expected to meet and assign blocks or wards to solicitors for the canvass to be made next week, December 12 to 17. Roy Anderson, general chairman of the campaign, urged that all donations be made next week. He said the following week would be required to purchase supplies, assembling, wrapping and distribution. Mr. Anderson said names of needy families being turned in rapidly and that a large sum of money was needed. Persons wishing to donate now may leave their contributions at either Hope bank or at the office of Hope Star. Trouble at Law Nothing Compared To Thatpf Taxes Conflicting State Laws Make Puzzle Out of : Man's Estate A JUDICIAL DOUBT States Change Their Opinion on Tax Matters, Arid-! ing to Confusion : This is the third of four stories ill a mythical characer, Hi riant, has some difficulties witliour conflicting state laws. By IIARVEY WERTZ : NEA Service Staff Correspondent Hiram, sadder and wiser by His experience in court in automobile and divorce suits, now is due for a greater and richen experience. Under the tutelake of De$n Herbert F. Goodrich of the University of Pennsylvania law school he is to meet the tax collector. And in the Dean's words: "He is about to enjoy trouble the like of which has not yet been visited upon him." Hiram's trouble is no greater than may come to any individual who has money in an outsate bank, shares in an outstate corporatoon, a summer lome in a neighboring state, or income' from prperty outside his home state. What happens to Hiram might liappen to anyone. If Hiram Departs Scene "Let us suppose tiiat Hiram dies and consider the trouble of his estate first," the Deaen says. "He has a summer home in Michigan, his real home in Ohio. A few cattle or other personal property in Michigan—a staple little estate. ' "Who taxes the Ohio home? Ohio, of course. And the 'Michigan home? Michigan, is right. "But what about the cattle? Hiram has requested they be sold and the money given to his heirs. Can Ohio collect an inheritance tax on the money? Can Michagan collect a tax on the cattle? Must the estate pay two taxes on his property? "Opinion is diveded. There are cases in some states on both sides of the question. The weight of cases seems to be that Ohio could not collect taxes on the money but that Michigan might tax the money for the cottle but not the cattle as personal property." Death and Taxes Again In general movabes follow the person. But don't forget that "in general." "A millionaire acquired a great collection of paintings in his New York home," Dean Goodrich recalls. "He loaned them to a museum' in Philadelphia, solely for exhibition. "He died. And the state of Pennsylvania claimed an inheritance tax on the collection. Hhe Supreme Court upheld the tax, contending Philadelphia had enjoyed the paintings during the life of the owner, and the state o( Pennsylvania might enjoy the tax collected." Judicial About Face Now let's get back to the late Hiram or at least to his earthly efforts. Suppose a man in Pennsylvania owed Hiram's estatoafSOOO, and Hiram hac A. M. Herrington, Kirkland, Plummer- Plummervillc; Camden; Dale ville; A. J. Reap, Little Rock; E. F. Simmons, Vilonia; T. J. D. King, BatesvUlc. Term expires 1939—Mrs. W. M. Clark, Little Rock; B. P. Clayton, Conway; J. H'/4 Estes, Little Rock; H. M. Keeling, Little Rock; E. E. Griever, Harrison; Mrs. W. N. Gregory, Augusta; Irving M. Prince, Springdale; L. C. Tedford, Bentonville. Ter mexpires 1940—R. S. Boyd, Lonoke; E. C. Brown, Benton; O. J. Chas- taln, Van Buren; F. E. Goodbar, Russellville; Brooks Hays, Little Rock; H. P. Westmoreland, Conway; W. R. James, Little Rock; G. E. Owen, Conway. Negro Football Game to Be Played Sunday A negro football game will be played at Yerger Higli.School athletic park at 3 p. m. Sunday, December 11, between the Prescptt and Hope all-stars. Part of the Yerger High School squad will represent Hope ,it was announced. The public is invited. MIND Your MANNERS T. M. Reg. U.-S. Pat OB. Test your knowledge «f correct social usage by answering the following questions, then check against the authoritative answers below: 1. May a woman powder her nose or apply lipstick in public? 2. Should a man smoke a cig- zarctte while walking on the street with a woman? 3. When "dummy" at bridge fjhould you wander around the room? 4. Should you snap cards on the table when playing bridge? 5. Is there a particular kind of ring known as a "dinner ring?" What would you wear If— You are cloosmg a dress to wear to a cocktail party between 6 and 7 o'clock? You are not going on to a dinner party from there, but know that there will be some guests who will always be dressed and on their way to dinner— (a) An afternoon dress? (b) A dinner dress? (c) An evening dress? Answers 1. Yes, if she does it as inconspicuously as possible. 2. No. 3. No. 4. No. 5. Not correctly so. Best "What Would You Wear- solution—(a). Who collects the inheritance taxes on Rinun'i Michigan cows? money in a Pennsylvania bank, bonds and promissory notes in a Michigai bank and some stock in a corporation organized under the laws of New Jer sey. Who gets the inheritance taxe on what? Who can collect on the Pennsylvania debtor? Between 1905 and 1930 the ruling prevailed that Pennsylvania might collect. In many similar cases, Ohio Imlight also collect. The opinion of the Supreme Court in te case did nt say G'iiio could not collect, it simply said Pennsylvania coud. As to the money n the bank, it is probable Pennsylvania could collect on this too, since Pennsylvania laws protect the depositotr. Michigan it appears woud have the right to tax the bonds in the bank there, but decisions have been divided as to the stocks, except in the case of where New Jersey had a right to tax the stocks of a com- Golf in Swing-Time 'it* A symphony .of light and motion is caught .by : new,idtra-speed.photography making 1-100,000 of a second exposures of Bobby Jones driving a golf ball. Jones' symmetrical swing andfollow-through, shown above 'take justei 100 of a second. Taken by the research department of A. G. Spalding &; Bros., the photos below show, at left two dircs placed in front o fthe golf ball. When hit, the ball forces them together, closing a circuit that sets off the speed of flash. At right is portrayed the moment of impact with the side of the ball flattened by the club ahead. Social Security Old-Age System Is to Be Increased Council Plans to Moire Up "^1 Old-Age Payday to January 1,1940 HITCH IN MERGER Labor Intervenes in KCg- !."| LA Railway Sonsolida-- \ ;f tionPlan ' ; WASHINGTON.-(/P)—The Social Security advisory council drafted Satur- . day sweeping reconftnjendations for T broadening the government's old-age L insurance system. ' • t While the official report will not be published until sometime next week, / informed persons said the principal ' recommendations include: 1. Move the date for beginning old- * age payments up to January 1,1940. 2. Broden the act later in include, probably by 1941, an estimated 6 million farm and domestic workers. 1 Labor Intervenes WASHINGTON.— (If)- The Interstate Commerce Commission Saturday al-' owed the Railway Labor Executive' assocatioh to intervene in the Kansas City Southern Railway's application to acquire the Louisiana & Arkansas Railway. ' The executives said the proposal "in- 'olves indirect control of the entire railroad properties of both companies without providing any specific protection of the employment of many men now engaged in the service of*both» lompanies. ' , -' Damage Suit Filed Against Saenger Elmore Dougan of Emmet Seeks $300 in "Cash Night" Complaint A suit alleging ?300 damages has been filed in Hempstead circuit court against Richard-Lightman Theater Corporation as the result of "Cash Night" operations at the Saenger in Hope. The suit was brought against the theater firm by Elmore Dougan of near Emmet. Dougan is represented by Attorneys James H. Pilkinton and Royce Weisenberger. The Complaint A portion of the complaint, filed in the office of the circuit clerk, follows: "That the plaintiff Elmore Dougan alleges that on or about May 15, 1938, the defendant, through its agents, began to conduct a theater campaign in Hope whereby a drawing was to be held once a week. Since that time the campaign has been advertised to the public. "That in July, 193S, the defendant, through its agents, approached the plaintiff, Elmore Dougan, and asked and persuaded him to register his name. "And that the agents of the defendant represented to the plaintiff, Elmore Dougan, that by such registera- tion he would receive a large sum of money in the event his name was drawn or called and announced on cash night. "That the plaintiff, Elmore Dougan, took the trouble to register his name under the direction of the agents oi the defendant. "Further, that on the night of November 16, 1938, the plaintiff's name was drawn from the lot of name (Continued on Page Three) , (Continued on Page Three) Club Council to Meet on Dec. 15 Fourth Council Meeting of Year to Be Held at Melrose Church By MELVA BULUNGTON Home Demonstration Agent, Hempstead Count}- | The program for the fourth Home Demonstration Club council, this year, lias been announced as follows, by Mrs. Wilbur D. Jones, County Council President and Miss Melva Bull- ingion, Home Demonstration Agent, U> be held at the Melrose church beginning at 10 a. m. December 15. The Melrose Home Demonstration club will be host club. Call to order by the president al 10 a. m., which will be followed by group singing of Christmas Carols. The Devotional will be given by Mrs. C. P. Zimmerly of the Melrose club and the Welcome Address will be given by Mrs. P. J. Holt of the same club. The Response will be given by Mrs.. J. L. Eley of the Belton Home Demonstration club. Games of introduction will Ue led by Mrs,'P. J. Holt and Mrs. Joe Laieter of the home club. Other numbers will be a song by little Billie Wayne Curtis of the McCaskill club, a reading by Mrs. Giles Hatfield of Melrose, a story of Christmas in Many Lands by Mrs. C. S. Bitticks of the MtCaskill club, a playlet by the Bright Star Club, a story of Bethlehem by Miss Elizabeth Hanna of the O.an-Sl. Paul club, a story of the First Christmas by Mrs. Fred Camp of the Oak Grove club, a poem, "The Christ Child Walks on Christmas" by Miss Willie Stuart of the Ozan-St. Paul club, a reading by Mrs. O. A McKnight and Miss Evelyn Harrison of the Byight Star club and Mrs. F. Cotton Loans to Depend on Quotas With Marketing Quotas in Effect, Loans Are Mandatory by Law Under the law, cotton loans wil will not be available on the 1939 crop unless the producers accept cotton marketing quotas in the referendum o be held on December 10, Oliver L Adams, county agent, is advising farmers of Hempstead county. If marketing quotas are in effect he provisions of the law make a loar mandatory, the county agent said. It is estimated by Triple-A officiak that prices in 1939 would probably irop at least one cent a pound if nc loan is available, in addition to what ever drop there would be in price be cause of a large crop. Tli)e law requires that the loan can not be lower than 52 per cent of th parity price. The loan this year wat> on a graduated sca i e) based on th quality and staple length of the cot ton. The basic rate of 8.30 cents pound was allowed for % inch mid dlhvg. (Continued on Page Three) in Session Thursday Pre-Christmas Meeting Held in Home Economics; Cottage The Future Homemakers club met in the home ecconomic cottage Thursday morning. The meeting was called to order by the President, Verle Rogers. •The minutes of the last meeting were read and the roll was,called by the secretary, Sara Ann Holland. As part of the program each, member answered the roll call by a good Christmas resolution. A motion was made and passed to have a Christmas tree, letting "each member bring an inexpensive gift. A committee of three girls, Virginia Phillips, chairman, Arvette Stringfellow and Mildred King, was appointed to place the tree in the cottage and decorate it. Due to the long business meeting the club adjourned before completing the program. The next meeting will be held the third Thursday in January. 1 A Thought We are but the instruments of heaven; our work is not design, but destiny.—Owen Meredith. 12 Shopping Days Till Christmas Shirt Folding Machine Installed at Laundry A new shirt finish and folding machine has been installed at Cook's Wliite Star Laundry. A factory rep- rcseutatve of Kansas City, Al Falcones, silent two days in setting up the machine and getting it into operation. Addition of the new shirt finishing and folding machine carries out the policy of the laundry of giving the best service possible. Coffee consitutes 80 per cent of the exports of Salvador. NOT MOBS THAH 3 SPOONS OF V/WSKV T COKING BACK TO CHRIST* •'-'MAS K YEARS AGO-. A new strong man, Chiang Kai-> shek, was rising in China. ... Supreme Court authorized doo tors to prescribe "not more than three tablespoonsful of whisky a day.". . . It was a merry Christmas for Albert B. Fall and Edward L. Doheny, just acquitted of conspiracy to defraud the government. . . , Radio fans could tell that tune was "Silent Night"; a new cur-? cuit eliminated the radio howj. 1 J $60,000 High School at Clarksville Burns CLARKSVILLE, Ark.—</P)-Fire of undetermined origin Saturday destroyed the ?60,000 high school building here,

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