The Courier News from Blytheville, Arkansas on April 18, 1951 · Page 13
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The Courier News from Blytheville, Arkansas · Page 13

Blytheville, Arkansas
Issue Date:
Wednesday, April 18, 1951
Page 13
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WEDNESDAY; APRIL is, 1951 BL1THRV1LLE, (ARK.)' COURIER NEWS 1 Arkansan Assails Bankers'Failure To Help Business Moses Soys Financiers Foil Down on Task Of Aiding Community ALEXANDRIA, La., April J8.WJ— .4*16 Arkansas utilities executive con- T&ds that bankers generally have fallen down on the job. . C. Hamilton Moses of Little flock. president or the Arkansas Power and Light Co., told (he Louisiana Bankers Association that if bankers did nob begin to (ill the credit needs of the people, someone else, or the government, would. "Government loans have been made necessary In many Instances because banks were afraid to take the risks, because they did not have faith in their community enterprises," Moses stated. He cited instance after instance when his company had gone to the relief of small business firms and of agricultural programs, .when banks refused loans to keep the business from /ailing. He cited the Instance of a furniture company In Arkansas that employed 600 p' rsoiis and needed a loon to keep operating. "The banks fell down on us and we rmd to go Eo Washington to get it. Every dollar of that loan is being repaid. Farm Land Cited He mentioned rich farming communities in which banks would not "lend a dollar" on dairy equipment and cattle. Last fall, he said, agri- Ju£tural [allure imperiled much of l&Xansas. The Banks couldn't get agricultural loans—but they were handled through the government. "And I'll bet there won't be a dollar lost on them," he said. "I'm for private enterprise. There ain't nothing !n Washington I like." he said, "But somebody's got to take the lead." He said he planned to propose >an equiyt finance company to be capitalized at $2.000,000. His company will put up $200,000 of that. "We don't need the government and we don't need RFC. We can dc the things [hat need to be done In. pur communities, with our own people, "our own resources and our own money." Bankers must fit their business to the war economy, but they mtisi be-prepared to do the greatest busi- the history of the earth in the next few years, lie. satd. 1'bu're in Better Shape "You' more money, owe less money, and"- you're in better shape lhan you've ever been before." The American banker, Moses said, used to be the '"father confessor" to his entire community on financial matters. "If bankers no longer lead,' where are we going for help?" he as"«ced. jfc"Where there Js no vision ''• the BI - Gh , M ^ AN J N , HIS OUTFIT-Pvl. Frank Owlngs of Philadelphia might be the Army s new secret weapon, except that he's too biz to keep secret. The Army, at Fort Myer, Va., can't even find f uniform to fit him—size 52—so he's been drilling in civilian clothes for the Past i-umle of rnnrlhs. Editors Would Rather Hear Gen. MacArthur Than Eat Braden Hits U.S. Moral Decline Former Ambassador Says America Losing Respect of Others NEW YORK. April 18. W)—Spru- .e Bradeu says "the decline In of- cial (U.S.) morals and manners Is Ming friends and Influencing peo- !e agnlnst us." The former ntnhassndor to Argen- n» adds that several foreign dlp- >mals linve told him that their atopies were losing respect for Am- rlcan-slyle governments. Braden, -now head o[ New York Uy's new anti-crime committee, a rivale group, spoke at the 28th nnual conference of Rotary Inter- atlonal's Metropolitan Area-Bcr- luda District, He said "it was only to be ex- ecled that the loss of integrity and ense or propriety by so many of ur oltieiaMom should cause for- igners to reverse their previously eld esteem for this nation and dminlstration of its moral fiber." Braden mentioned the "five pr»-- entcr" Influence cases, the Recon- tructlon Finance Corporation robe, and the Senate Crime Com- iltlee's ekpose of graft and links Mtween officialdom and crime. WASHINGTON. April 18. {/Pi— The American Society of Newspaper Editors believes its members would ' rather hear Gen. Doug- 3s MacArtlmr man eat. So it arranged to have a Thursday luncheon at 1:30 p.m. (EST). 20 minutes later than originally planned. MacArthur is ekpected to begin his Thursday address to Congress about 12:30 p.m. The luncheon delay will permit' editors here for a three-day convention to hear the whole speech, In event It runs beyond 1 p.m., without letting their food get cold. A dozen television receivers have been installed in a room adjacent to the luncheon room for the benefit of those unable to get capltol seats. President- Truman already had moved up his regular Thursday news conference to 4:30 p.m. to- morrow. Press Secretary Joseph Short said this was due to the fact that Mr. Truman will be addressing editors Thursday afternoon (2 p.m EST) and reporters will be busy covering the Mac-Arthur story. people perish." ' Public utilities spearheaded the fight against federal encroachment for 15 years, he Said. When the fight started bankers weren't interested, insurance companies weren't interested, and the medical society wasn't, interested, Moses said. "Now, when the bankers.see what they did in England, you're the greatest apostles Thomas Jefferson and Andrew Jackson ever had. And every doctor in America now is more interested in private enterprise than in delivering babies. It all depends on whose ox is gored." OF CORPSE, IT'S A HOME - You may have to stretcher imagination a little at the idea of living in a hearse, but James Knowles, a 19-year-old Harvard University technician, finds his hearse-trailer home very comfy. In fact, he's dead sold on Ihe hearse which lie bought for 5300 and decorated "like a living room," for his home in Cambridge, Mass. Knowles cooks on a kerosene stove and sleeps in a sleeping bag. - Due to Public Demand We Are Now Offering DAY and NIGHT Television Service For Daytime For Night Service, Phone Service, Phone 2642 4851 W« S«rvice All Makes and Models! FRED CALLIHAN « Phone Radio Service 110 So. 2642 Your Motorola and Admiral Healer ' St St. WILSON NEWS Bj Mrs B F BoylM Mr. and Mrs. Clarence Medlln announce (he birth of a daughte April 10 at their home in Wilson The baby has been named Glend Ruth. Mrs. Edgar Dalley of Moorehead Miss., was the weekend guest her mother, Mrs. George Wilson and sister, Miss Lillian Wilson. Mrs. C. B. Thomas of Lebanor Mo., is the guest of her mothe Mrs. Barda Anderson, and fami] and her sister, Mrs. Kdd Williams and family. Mrs. Carl Bird, Mrs. ciiarie Leftivitch and Mrs. Edd William attended the meeting of the Missis sippi County Council of the PT In Leachville Friday. Mr. and Mrs. Lloyd Stuart daughter, Shirley, and Mr. Mrs. Charley Leftwitch and dai Rhter, Lois Jean and Gail, spen the week end with Mrs. Stuart parents and Mr. Lcftwitch's broth er, E. P. Lertwitch and family rutwiler, Miss. Mr. and Mrs. Euford Boyles. Jr spent the weekend with her parents Mr. and Mrs. p. B. Pratt, Sr., and family in Jonesboro. Revival services began April 15 at the Wilson Methodist Church and will conti'nue .through April 22. The Rev. o. C. Taylor of Osceola is conducting the services, with Earl Ward of Waco, Texas, singer, assisting. The Wilson Parent-Teacher Association will meet Thursday at 3 p.m. in trie high school auditorium. Superintendent Phillip J. Deer will give a talk on tile school situation The Junior high school girl's glee club, under the direction of Bruce Frizzell, will furnish entertainment, Mrs. Katherine Green of Manila district deputy grand lecturer of Make it a ^/a^£/occasion! Enjoy Order o( the Easlern Star, will ay her official visit to the Wilson hapter April 20. Tile meeting will e held In the Masonic Lodge H.ill. Mr. and Mrs. Marshall Conner nd children. Cheran and Tommy, vere the gue.sts of her parents Mr. nd Mrs. Buford Bovle, Sr., last week. Jimmy Hamilton ol Barry. Ala. pent Monday with Mr. and Mrs Melvin Alexander and family. n Old n -^i Sunny Brook f BRAND v//. eerti/ds tfs A/awe The «arrie smooth, (jne-tosting Sunny Bro ok thai you v, e d for yeots! 65% GRAIN NEUTRAL SPIRMS THE . o L D ^IK $l'.NXYiJI«WK U C K 1 ^Memphis and , »\Mid-South/ \ \ \ i i < i ' / ' HOME SHOW April 22 THR A P ril FRIZES 6UORC Model Room* Horn* Appliances Musk Educational - ; - Sh«lbr County tuitdHkf, F UNSURPASSED in the Vz- to 2-ton truck field ! T ALK about power! These grcnt new CMC's are unsurpassed in horsepower in the Yi- to 2-ton field—power to keep hauling years longer! But new engines are only part of the story. From the rims up, these CMC's are truck- engineered to stay young throughout the uncertain years ahead. You get proof in feature after feature from individual models—things liko wider Twin-Action hydraulic brakes, heavier axles and longer '-'pillow-action" springs. Yet extra quality Is standard CMC equipment, You pay no "extras" for such things ns easy-turn steering with rccirculnling ball-hearing action, the Vcntipane-controlled ventilation of the Wcathcrsealcd "Six-Footer" Cab-Turbo-Top pistons that develop higher power without "knock" even when using standard-grade gasolines! So come in. Select from the widest range o! cnginc-body-chassis combinations, 9 smart new colors. Drive out in a nigged '51 CMC! You'll know it will take you farther, cost less to run— because it's built to last lilie the big ones! GASOLINE & DIESEL TRUCKS Your tey fo fruiter fouling profit* HORNER-WILSON MOTOR CO, 309 E. MAIN You'll do better on a used truck with your GMC dealer j.

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