John T, Flynn Says Man}' Ceitain To Get Fmgeis Binned John T Flvnn, noted economist and financial authority, In the follow in" article written especially foi NBA. Feuice ,md the Courier Nous, tells what ihe Euro/jean \\itr means in terms of $tcck exchang" operations In the United States * ."• • • BY JOHN T FL1NN (Written for NE1 xSeniee) NEW YORK, Sept 8— There arc t\\o big gambles going on in the uorld tocli> one Is on the battlefields of Europe The'oth'er Is on the New York stool- Exchange and on (he commodity Eschanges ol Ne\\ York and Chicago 111 Europe Germany is belting she can beat England and Fiance •uid Polind Here our simulators are betting tint we -will make plenty of money out of it all The nir scare began carlj In August Promptly the markets stirl Pd down They discounted of course much of the decline which might have c"me with n dechrntion of war made suddenly, as in 1314 But when the vnr wns practically under way the market reveised its direction ^and in a few days re*"'" *l -all' of the losses 'llast April. Il May May Make Some--Il May Break Many •mrimaaiiiiMiiii iii »iim mi mill nn i » *~^« m .~—... _ L. J _„-. .,.. - have learned some tess6rtVsince the last war. When the last war broke everybody leaked oh it as an' umnKed disaster and the markets of the world went to pieces. But ns the wai progressed business men began to sec that war could have its bright side—thai money could be made out of it That lesson is reincmucied. But have we learned all tlio lessons? What arc the stock-buyers gambling on? That it will be a long war? That America will tlnnlly break down nnd start granting credits to England find Prance? If the liar is not a long one and if America stands her ground on not granting credit to Europe, the most the war can do is give us a moderate and wholly temporary suicease to be followed quickly by a se\erc collapse \VUl it be n long war? That k n field of prophecy for the military expert The market's action is a forecast that it will be a long war. But it Is -forecast by.stcck speculators, most of them complete amateurs in stock speculation 'ifid e\en worse than complete amateurs in military prophecy. If it is a long i\ar, can Frnncc and England buy from us enough to make, us prosperous without credits heie? They cnn indeed buy a good deal Prance has just authorized tlie cabinet to diaw up to 25,000,000000 francs for c\teinal purchases England lias not fi\cd on the extent, of external purchases but, she can' do better than France They have the gold and the credits he'ie through security ownership to buy several billion dollars'-.worth. SOME PROFIT, SOME SUtFER But it takes time to buy that much and It takes time to translate orders into money and profits What thej can buy here among .the things they ...want and. what we can supply to them in a year \\ ill be eniugh>lp give business a'lift in this country. But it: will not be enough to give it, a lift sufficient to support a boom. And we must remember that against the war orders must be placed the other peace time industries which will suffer. The amateur and the investor Will do well to keep in mind that what he sees now in the exchanges Is the purest of all gambles. Taxi Drivers' Uniforms To Match Colors of Cabs SYDNEY, Australia. <UPJ—New color is to be added to Sydney streets by the decision of the taxicab companies to uniform their drivers in tones that go with the color of the cabs—already the most; colorful taxicabs in Australia. ..Drivers of yellow taxicabs will wear khaki shirts-and ties; bright green shirts will be worn by the drUers of green c'abs. and another company is planning blue "shirts for its drivers. In Europe speculators Adolf Hitler gambles Germany's fiiliire on the tattleneld-nnd In Now York's stock exchange gamble in- a w market. Left, wrapped In ticker-Iape, a broker watches Hie market progress in a Wall Street office. Right, watching the board in a customer's room Relatives Of Local Residents Tn Midst Of European'Events Tlie European war n;r.y seenr thousands : of miles away to the most of us .but not to some rcst- deiits of BlyllieviUe who have relatives In tlie war nrcns. Grief stricken nrc a number of families' whose relatives tire'having to bear arm's for Germany and Poland and those whose kin live in the midst of the fighting To' ndd to their misery Is the lack of ncv.'s and- even when a letter arrives the dearth of information. At least two residents of Blythe- villc have mothers who arc in the midst of it nil, others have sisters nnd brothers and others have more distant relatives. The 80-ycnr-olrl mother of •Henry Reidman who lives .in what wns Czechoslovakia, has three, grandsons who are novv fighting in the German, army. Two of her sons fought in the World War but Mr. •Reidman docs, not know whether Iliey- have been- "required to fight nnny. A brother-in-law Is too old to fight. Three first-cousins of Morris Zcll- ner (ire in the Polish army. One cousin, who is 29, has for several years Uecii n surgeon In a government IicppUnl near iiNoVpgrortek;, near Warsaw, and his other two cousins are In the ninln army. Mr. Zcllncr, who was bom in Novogrcdek, which was a part of Hussla before it became a part of Poland,-, nlso lins several mints nnd uncles living in the same town. Ho cnme' to the .United Stales in 1921. Mrs. Milton Blcrnbcrg has a number of relatives in tile fighting areas. An aunt who lives In Warsaw has a 21-year-old son who was clue to leave this month for Palestine to engage in agricultural work under the Zisnisl rehabilitation program. Another aunt lives in Belgium and another .in' Odessa; Uyo uncles in Moscow. A number of Blythevllle people have more -distant relatives scattered through, ihc countries which because of their age. Neither does he know whether " r ° ' nl ™'n A " > ,°" g 'J'lf ls Mrs ' = mnihiw !<, „(,„,,! !„..„„.,. s - J - Cohen, whoso father came his mother is give* money he sends ~^ ^™ j *™» w «™ her regularly. True, n signed card I,?, ,JL ,,','• £, T ° lcl Is ntonjs iclurned shmving the *'?" ^ ">• • Lw " Icn nearest or the Fisherman Errs In Choice Of Location CADIZ, O. (UP)-Clarcnce Harris was arrested for taking shoit bass out ot a "fishing hole." Probably Harris could have picked no other place- in which he Mould be more certain of getting caught, for, in the words of the arresting officer, Nell Mattern: "Of all the places to fish, he had to pick one Khich Is owned by me *nd my brother Elmo, who is sheriff." money reached its destination but lie - has reason to believe that she may never get to use the money— orat least iliiicl] of'it! The war for freedom, of Poland and Czechoslovakia must-be wonderful lo those people of Czechoslovakia \vho were compelled to become n part of Germany, according to Mr. Reidmau.- Visiting his mother there on a Fourtli'of July several years, ago, Mr. kcktmnn was surprised to see n celebration similar Ho those carried out in the United States-tn the anniversary, of the day we received our freedom from England. ' . v In overy parade lliere mis a flag of Czechoslovakia 'ami by each.one of that country was nn American flag, flying Just ns high, he said. To he like' America has long been the dream of that country, Sir. Reidman was told by ills relatives and friends on his last visit there. Mrs. Herman Hess' aged mother nnd sister are residing in Mann- helm, Germany, near the French border where, fighting is snid ta be fierce already. It has been almost three months since she heard from cither of them and she-does not know whether anything has happened to them. Four nephews of Miss. Rosa Schuncritsch, who makes her' home- with the Joe Isaacs family, are iio\v fighting In the German army and she also lias a sister nnd two brothers living in Landsce, Austria. Sorrowed that her nephews must fight fcr Hitler, Miss Schuncritsch tries to b« comforted .because their families are in nn isolated spot from the fighting so they may not lose their lives. Her brothers may also be in the conflict now as they are « and 4D years of age. A letter two weeks ago from her sister did not mention one wcrd of war fears but was merely a brief narrative ot family affairs without any mention of the outside world. Miss Schuncritsch, who was also born in Landsee, Austria, wns graduated from high school in that town but n short time later came to the United states. Joe Isaacs has two half sisters living in Pcland both of whom have sons-who arc fighting in the Polish United States. Not in Ihe fighting zone at-this time but' near It are relatives of Mrs. 1. s. Bollard; who lias a sister, brother-in-law anil two nephews living in London. Mrs. G. R. nigsdalc, sister ot Mrs. Bollard, was .bend of the'Red .Cross In London during the World War. So Interested was she in her work that she converted her large '»omc into offices'• needed for Rod 3ross \vork nnd nlso plnyed n prominent role in aiding flunucially pocr soldiers after tlie war. Her husbnnd," who was too old for active service, assisted her in war work. Their two sons were TERMINIX TERMINATES -\ TERMITES BRUISE-MEMPHIS •••mil hill axessaaBBsas PHONE 205 FOR YOUR Nice, fat hens and fryers & other poultry at all times. ITE DRESS AND DELIVER FKEE! STICKLER-GOODWIN CO. 406 E. Main badly wounded in Ihc war but are believed to be ready for service again, Mrs. Bollard said. One is a lieutenant In the army and the other nn engineer. Mrs. Bollard has not heard from her London relatives recently but she knows they have already taken up war work. Utility Users Tax Finances Radio Station MADISON, Wis. (UP)-A tax of 2 cents a mouth on each utility customer in : Wisconsin would raise sufficient revenue to - build and maintain a 50,000 watt cleat- channel radio station for Ihestate, according to I'rof. Edward Bennett of the University of Wisconsin college of engineering. The cost of maintaining and operating a clear channel, all-time communication highway-for :i state-owned radio station is startlingly small when compared to the cost of maintaining the transportation highways of. the state, Bennett said.. Pointing -out that the suggested 2-cenl.t.ax would place the burden on the potential users of the station. Bennett. explained that cadi month- utility customers pay 20 cents for electricity . to operate their ^radios and approximately $2.25 for gasoline tax. Signs Of War Weariness And Anxiety Are Apparent. TOKYO. — A vague uneasiness, product of war weariness and anxiety for the . future, . is stirrin" among •lho ; j](K>plc'of Japan.' • There haj>- been no lessening of patriotism • among the people during the more than two years'of ihe war in china, but there are signs of growing discontent, over Die Jack of success.of the'.China campaign. • Two notable incidents of the trend were the police concern over a mysterious movement-dramatized by the appearance at dusk each evening of white-rcbed .men who worship at shrines, in various parts of the empire, and. the. discovery of assassination ..plots -directed against some of-Jnpan's key men. Fanaticism and mysterious riles have combined In Japan's past to bring about uprisings and deeds of violence, The police, ever watchful for indications of popular unrest, saw some resemblance in the behavior of (lie white-robed worshippers to the activities of, (lie Blood Brotherhood League prior to the 1032 revolt in which Premier Inukai was assassinated. Trio Confessed Hot ' Three-men were arrested In Tokyo on July 15 of this year nnd confessed to fm assassination plot iigaiust Count Itfakino, 'former Lord Keeper of the .Privy Seal; Kurahcl Punsa, and Imperial Household Minister Tslmeo Mat- sudalra. ' Since then there have been unconfirmed reports of oilier assassination plots against cabinet ministers. All of the men reported as the objects of plots are moderates persons of high ability who are opposed to embroiling Japan in headstrong acts antagonistic to ether nations. They used their influence against the proposed Gcr- Th/?y also urged a course of moderation In Japan's dealings with Great Britain and (he United States. The anti-British demonstrations in Tokyo this summer showed another aspect of the situation. There was no Inck of genuineness nbout the fcelinj? against • Britain to Japan at that time. .. During the last two years tlie people here hnve been told, by newspapers,'magazines and in letters from soldiers at Die front, that'Britain was obstructing Japan's objectives in dhlna. When patriotic organizations, began agitating against Britain they found a ready response and there was no difficulty in turning out as many thousands as they desired for tuc anti-British demonstrations. Such, a display against the United States would be'impossible at present. ••••.;'• Amcrlc.in Views I'uhllsheil j After the abrogation of the. 1911 commercial agreement by the United States there '•' -were some ;nili-/imerican declarations/ but they, evoked little popular response. On the contrary, America's views were presented with'remark- able- clarity despite tlie.usu.il rigid censorship on news • panted . in Japan. K. K. Kawakaml, Washington correspondent 'for the Aokyo Nichi Niciil, cabled to his papers and it ivns printed here: ' "Japan must immediately evidence her profound respect for American life, and properly in China by forestalling recurrence of such incidents as the bombing of American schools, the beating of American citizens, and tlie military occupation nf American educational Institutions, cnless this is > done negotiations for a new treaty cannot be opened." The Japanese people have known little nbout tlie frequent protests of the United States government against bombing outrages, or that tlie bombings continue despite pledges to respect American property. If they are permitted now to learn about those things, the Am- x crican government may be successful in causing the people to realize , /SEPTEMBER 14, 1983 PRESCRIPTIONS Freshest Stock Guaranteed Best Prices flirty Drug Stores that, their <vr,-;i'loners, parttada-;? Uie military, : a) . c -responsible- for the United States' attitude toward Japan. . • Lamb Forgotten Animal, Alabama Farmers Told MONTGOMERyT" Ala. (UPI Alabama-has a. "forgotten animal." It is the gentle, llltlc lamb Dr. B. s. Sugg, livestock specialist of the state extension se--y- ice. contends the woolly creature has teen forgotten and the state should encourage the sheep industry. HecordE show that returns, on investment in . properly mana'veil sheep are greater, than for any other common live-stock, Dr. SIIB<F explained. "f can't understand why .the .sheep industry has been so neglected," he said. Examine . a baby's eyes closely, with • good illumination and - a magnifying glass, and you will be able ta see the real eye color shining through (lie cloudy, dark- blue veil." ' WARNING OKDEll ID ihc Chancery. Cpurt, Cliicka- sawba District, Mississippi County, Arkansas. Vela May Hatley, Plaintiff, vs. No. C9S3 ElKie Hatley, Defendant. The defendant, Elaic Hatley, is warned to appear within thirty days in the court named in the caption hereof and answer the complaint of tlie plaintiff, Vela May Hatley. Dated this 23rd day of Aug. 1339. HARVEY 'MORRIS, Clerk. Partlow & Bradley, Attys. for Pltf. Percy A. Wright, Ally. Ad Litem. 23-30-G-13 ALFALFA SEED FOR SALE We have on ha ml a supply of New Crop alfalfa seed for sale. U. S. Verified anil '.ip- provcil fur A.A.A. payment in North Central District. L. R. Matthews Gin Co Phone H-F-2 Yarliro 1'ost Office, Blylheville, Arlt. HU-WA Laundry-Cleaner For Prompt Laundry nnil Cleaning Service Made Kentucty Whiskies _^_^MMK^. ' - * --.--. CM •>'••? •** ^''t^Wt Let the First Sip Show You Why! "V7OU, too, can ertjoy the -L flavor that spread ihe fame of Kentucky Bourbon around the world! Early Times is made (o'he a truly grc.it whisky, to begin with. Four years of aging have brought it to generous mellow maturity. And 1 ils modest price will prove that you cannffordii! BROWJ.FORMAN fXSTIUERY COMPANY INCOBPOfMEO CAIILYTIMES KENTUCKY SLIGHT 80M8QN WHISK? I AiBRO\VN>FORMAN QUALlTY-fROOUCT A MODEST PRICE FOR OUTSTANDING QUALITY LIKE The product or service which you find • advertised so appealingly in your daily newspaper must, like Caesar's wife, be above suspicion. , For the shortcomings of unworthy merchandise, which silence might have, safely concealed, are always vapidly revealed by the spotlight of publicity. 1 And it is by this token that advertising- proves so great a public boon. It is, indeed., the true searchlight of selection. ^ Read, then, the varied advertisements in this paper with confidence and assurance. For, if an insurance company o rtrust company, a pastry shop or dressmaking- establishment, a taxi service or a sporting goods shop can survive the test of consistent advertising, it merits your support and patronage. . In (lie Chariccry Co'uH.> ci- sawba District, Mississippi County,- Arkansas, Lilllni) : Obercht, Plaintiff, , vs. No. 6384 Frank Obercht, Defendant. Tlie defendant, Prank Obcrcht Is warned to appear within thirty days in the court named in- ihe caption hereof and answer the complain of the plaintiff, Lillian Obercht. Uated this 23rd day of Aug. 1939 23-30-G-13 HARVEY MORRIS, 'clerk I'artlow & Bradley, Atlys. for P](f Percy A. Wright, Ally. Ad Liteni. 1VAUNIXO OKDKR In the Chtmcery Court, Clilckasawba District, Mississippi County, Arkansas. Elizabeth Thomas, et a!, Plaintiff vs. No. 6985 - ' R. C. Doxier, et al, Defendant. The defendant, R. c. Dozler, is warned to appear wllliin thirty days in tlie court named in the enptA:n liorcof and answer the complaint of the plaintiff Eli/abetl) Thomas, et »1, Dated tills 24 day of Atiff., 193S. HARVEY MORRfS, Clerk Percy A. Wright, ally, for Plf. Gene E. Bradley, atty ad Lilem. 8:24-31-9:7-1-1 Everything for your entertainment and comfort. Witch Society P«f« Of Courier New* F«r Free Show Guests Last Times Today rwenii'oJi Ctnturflox prtitnft Dairy] F. ZanucVs Production o5' SPENCER TRACY NAHCYMLY-jjlCHAHDGBEENE WUHSIHXHJW • CHAWS »!U!W • ill OS!K' HMOVIIOi! • H[HST l-.Ull • HIKH UtiVlIS Directed by Henjy King Also Comedy & News Admission Xtalinee lOc K- 2Gr. Admission Night 15 C & 3Gc Friday Only S § 5 §:'.. §-.$'§ S 75 iood Reasons Why You" Should Aden d Matinee' or Night S S S $ $ $,' ;$• § TERRY KILBURN GEORGE ZUCCO H«,ySTEPHSMSON E. f. CttVE A 20:h Cenluiv-fdx PictUM \lso comedy & March of Time, Admission always lOu & 26c Fri.-Sat.-Sun. Las! Times Today PAL NT 2 admitted for the price of 1 MARJORIE MAIN ANNE NAGEL JACK LA RUE CHANT EKBARDS Also Coined}- ft Novelty Friday - Saturday Also comedy ami serial (Hawk of Wilderness.) Continuous sliow Saturday.
What members have found on this page
Get access to Newspapers.com
- The largest online newspaper archive
- 11,100+ newspapers from the 1700s–2000s
- Millions of additional pages added every month