The Mason City Globe-Gazette from Mason City, Iowa on March 21, 1939 · Page 8
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March 21, 1939

The Mason City Globe-Gazette from Mason City, Iowa · Page 8

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Mason City, Iowa
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Tuesday, March 21, 1939
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Page 8
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TUESDAY, MARCH. 21, 1939 BELKNAP BODY FOUND ON RIVER Attorney at Waverly Had Been Reported Missing Since Jan. 13 WAVERLY, (ffD--The kody o ' Amos Belknap, 25 year old Wav erly attorney missing since Jan 13, was found on a sandbar in th Cedar rjver Tuesday. A farmer saw a pair of fee sticking out of the water and reported to Sheriff Harley Ehlert who went to the scene with his deputy and other county officials recovered the body and established positive identification. Young Belknap was the son of Mr. and Mrs. A. A. Belknap of Tripoli, was a graduate of the law college at University of Iowa and had practiced at Waverly a little more than a year. He was republican candidate for Bremer county attorney at the last election. Young Belknap was last seen alive about midnight, Jan. 13, when a friend drove him from the business district to the rooming house where the attorney lived. His overcoat and hat were found the following day some distance from his rooming house. Belknap was reported seen at various points in northeast Iowa lor several days after his disappearance but none of the reports could be verified. A $100 reward was offered by his father. ' How can you blame the husband or the wife when their marriage is wrecked? Bid you ever, try living with either of them?--Fountain Irin- Tribune. Commands All Indian Troop Lieut. James W. Lansing will command the all-Indian Troop I, 114th cavalry, Kansas National guard, which will he stationed at the New York world's fair when it opens. Troop 1 is only all-American (all-Indian) unit in the United States. TRANSFERS REAL ESTATE NEW- AND USED HOUSE TRAILERS All Sizes -- Attractive Prices House Trailer Sales Co. T. S. VEECH and SON 524 2nd S. W. Mason CHy Franke L. V. to Gilda J. Franke 1.00. QCD L 12 B 8 Wildwood dd to M. C. 3-13-39. Fischer Charles R., commission- ! er oC insurance, to Bankers L i f e ! company, SI QCD W \'~ NW and i Vf ,i S\V 24-94-19. 2-28-30. Crepow, Louis C. and Ellen A to Fred Hose and E. M. Oelberg $1 L 13 and 14 B 1 Crane and Hills 1st Ad to Oakwood Park Clear Lake. 3-13-39, ' MASON CITY GLOBE-GAZETTE and this smart c r-'e a t i o n will stand a good bit of .inspection. In any of the favored colors -- Japonica, Blue or Patent -- this is a yery desirable number. It's Priced-.50 Spring Days are Walking Days a n d y o u m a y t r a m p to you r heart's content in these s e r v i c e styles. The new colors, t h e new shapes,, -the- new leathers.areall here. $4.00-$4.50-$5.00 Quaker Hose in 'the new MESH TOES and HEELS t h a t look s o smart with the p o p u l a r open styles of spring shoes. $ I' 15 the pair STOCKS ARE COMPLETE NOW and it's a splendid time to moke your selection. SHOR EARLY ot Nichols Green "Where fhe Good Shoes Come From" WEALTH TIDE IS CHANGING OVER TO RURAL SIDE Economic Change Is Seen in Past 20 Years By FREDERICK HASKIXS WASHINGTON, D. C. -- That there is a tide in the economic af fairs of men could not be bette exemplified than by the experi dice of farmers and other branche of activity in America over th last 20 years. Probably in no pre vious such short span of time ha there been EO notable a shifting o vested wealth. The shift has beer rom the owners of urban enter prises to the farming population It would be difficult to fine many farmers who would freel' admit that they are the recipients of wealth as the result of the pas- age of these years. It is always difficult to get a farmer to admit that times are good in any circumstances. A farmer has so many holes into which to pour his ncome that no times seem par- icularly good. His situation mere- y is that some times are worse han other times. The husbandman's attitude u, veil illustrated by the testimony f the dairyman before all inves- igatmg body which was looking ito the price farmers received or milk. Asked what the price of nilk should be. this dairyman nswered: "One cent a quart nore.' 1 "One cent a quart more lan what price?" the official uestioner asked. "One cent more lan whatever it is," lie was answered. Farmer Hardprcssed io?(? r Hie decade from 1920 to JiMO, or approximately that period the American farmer was hard pressed. The prices he received for his produce dwindled year by year. His mortgage debt increased and his taxes were heavy. He was burdened by over production. He was driven to use 101- fuel farm produce which in happier times, brought cash income. *i, M ^ n i' aUerr| P ! s were made bv the federal congress to aid him" There were the attempts to pass the McNai-y-Haugen bill, designed to raise the price of principal farm products and to subsidize exports. Various expedients w e r e suggested and a number tried. The plight of the farmer did not improve. Total farm income got down around something like =M 000,000,000, relatively a smali sum. Thousands of farmers were completely bankrupt Then came the depression and hile farmers felt some oE ihe economic pangs of that disaster the period, paradoxically, marked the beginning of a better day for them. When the new deal began prices were increased by various artificial methods such as crop control and regulated marketing. Handles Little Money Compared w i t h other bu-i- iiesses, farming deals comparatively little in money. A farmer can be fairly prosperous and yet handle very little cash, money in Sie course of a year. His capital is his b"r^i?^^_ his b ^i"gs and Cameraman Is Killed at Chust The long period of declining pnces had brought the American larrner to a position where his business savings were negative to he extent of nearly a billion dol- J a i s Negative savings is a statistical term winch really means the opposite of savings. It means that, instead o£ creating a given amount of vested interest, the subject has gone that much in red teen that much disappear The tei-m doe.s not. in any case refer o« C ,l Sl ' b - alance - Be S»«W about ia,S3 the 'oalance sheet of the American farmer began to show marked improvement. By jgs-j positive savings or almost a billion dollars were shown There was steady increase in this figure o£ positive savings un- | Models Picket, Man Falls While Cleaning --Other Spring Notes NEW YORK, W--Spring arrived at 7:23 a. m., eastern standard time, Tuesdaj'. A group of models announced they would picket the penthouse terrace ot Hayden Hayden, commercial artist, because he had an actress posing for him. William Shea, 30, fell through a plate glass window while doing a little spring cleaning. Fritz Kuhn, head of the German-America;) bund, got a ticket for speeding. The temperature was 24. It was sunny. i Italy ^ .. *....,_.. too eel vested inter- esi. Specifically, it means that farmers have paid off that much m farm mortgage debt or have discharged bank loans or paid up on land purchase contracts. Thev I do not have that'additional cash l equity.''' *""'* ""* »*TM°TM Positive savings may include new livestock purchased, new tarm machinery, new or repaired buildings--anything tangible except money. There is an intangible gain. too. in that the farmers credit h;is improved by that much. M a n u f a c t u r i n g Drops Jn .sharp contrast appear all other major branches of American business enterprise. Manufacturing "as suffered the greatest losses af shown by negative saving. As applied to the manufacturing industry Positive savings mean net worth, the equity which stockholders have in corporations over and above bonded indebtedness Just before the J029 crash lh« i manufacturing positive savin° amounted to about 52,000,000000 i-'Kc a plummet came the drop M -? end o£ 1932 th!s comfortable figure had been changed to a figure of some $3,000,000,000 in negative savings. Instead. oE the linancial position being on the black side, bonded indebtedness had increased, there had been default upon bonds, surpluses: ], a d been wiped out and in short the whole picture turned upside down The year 1933 broi.Rlu a quic':' recovery. Bad; d i v i d e n d s u- e ,c paid up and indebledncss reined lieu- equipment was purchased lo | make up the accumulated depre- i elation u n t i l the figure of negative Peter Lissiuk, 20, American Photographer from Passaic N J was killed while hrin ff to photograph fighting in Chust, capital of Carpatho-Ukraine, according to reports. The boy was with father, who owns a Xcw York film firm. savings stood at 5750,000,000-- itill negative, but a far more encouraging figure. In 1S3B the manufacturing industry c a m e within an ace of bringing the po J sition back to one of balanw where there would be neither posi- ive savings nor negative. The negative side was not Quite wiped out nor has it been as yet. Thompson Is Under ] 0 Year Sentence on Forgery Charge POCAHONTAS. UP) _ Robert Thompson, 36, Tuesday was under sentence of 10 years in Fort Madison penitentiary for forgery, less than a month after he won-final discharge from parole on another crime. District Judge F. C. Davidson sentenced Thompson M o n d a y i Her'he pleaded guilty to forging :hree Slo checks on merchants iere. He was paroled a year ago :rom a robbery sentence imposed in 1934. Gov. George A. Wilson signed Thompson's final discharge from parole Feb. 28 on the request of the parole board. ELTHON SPEAKS ON ROAD BILL Declares Secondary Highways in Better Condition Than Primary DES M01NES, I.VI--A. nortiicrn Iowa senator told his colleagues Tuesday that secondary roads in his district are "in better condition than the primary roads." j primary roads which are not paved. Are we going to take from our primary roads which need paving to give to our secondary rouds which are in better condition than the primary roads?" Elthon demanded. Elthon said money is available in the general fund to cover Die Gillette proposal. E. P. Donohue (R), New Hampton, senate majority floor leader, opposed the amendment. He declared the bill is "endeavoring to (R), Fertile, speaking in behalf of Senator Lester Gillette's amendment to the farm-ro-markel road bill, on which the upper house began work Tuesday attcr many delays. Gillette, who represents another northern Iowa district, proposed appropriating from the senate general f u n d to match federal allocations for fai-m-to-market roads. Diversion Is Considered The house bill would take $638,000 from the primary road fund immediately and 15 per cent of the motor vehicle license fees thereafter for matching purposes. Elthon declared the Gillette amendment would "leave the primary road fund in the same condition as at present." , "We now have before us- the i question of diversion of funds," he j .: ., up farm-to-market road allocated by the federal pick fund _^ _ _ . government, which were""jost through a veto of the inrm-to- maiket ro;id bill two years ago." Accepts Kv:m.v Amendment A bill similar in principle to the ponding meiisure was vetoed by former Governor Nelson G. Kraschel in 1337.- Tlie senate made one important change in the house bill when it accepted the amendment oC Senator K. A. Evims ( R ) . Emerson, reducing from 15 la 10 the percent- -«,- o f . a county's highways which could be included in the secondmy road system. Republican members for a half hour this morning before the senate took lip the road bill. Decision on When to Debate Labor Act Changes Is Delayed WASHINGTON, e senate · · ---·...-.*--.«»., \t-i f---^nie Hellene labor committee voted Tuesday to delay until next Tuesday a decision on when to start hearings on proposed amendments to the Wagner labor relations law. Senator Borah (R,. Ida.) said tlic congress oE industrial organ- isations had advised the committee it wished more time for its labor peace conferences with the American Federation of Labor. Borah said negotiations between the rival Juuor organizations would be resumed Friday, and that general sentiment in the committee was to give the negotiators more tune in which to reach a settlement. Sixty thousand letters contain. ff money went to the dead letter caucused 1 office in 1038. It takes the planet Neptune 165 years to travel its orbit around the sun. "I am for a secondary road pro- i nf 0 ^',^'"', ' r " l ? co , t for r»iionn gram, but I do not wish to j££- iL^Z^^'^ ^"~ aidi/e the primary road program. «j ur ; os fc ikf ; Q ,hou» 0 i* of rcS 111 behalf of secondary loads. Thc '««!_" ore so Jamfactorj- in such a _ . Rtfat njaiOfJtV of mM th-,t .!,_ J - - _ _ ASTHMA Sufferers! You Ought to Know . . . Says Money Available my district we have two Steal majority of a la ,hjt the nicdicino be used undtr , libciat mootybjck We vill be glad to tell you about Or. Fasne's Prescription which contains DO narcotics OC habit forming drugs and is safely :ateo bp children. It -will place you' under no obligation to call for complete detailed information. HUXTABLE DRUG CO. Hi) S. Federal Ave. WHAT A THRILL! TO DRIVE A1938, '37 OR '36 CAR WITH ALL THESE ADVANTAGES SMOOTHER, MORE P O W E R F U l E N G I N E L U G G A G E SPACE QUIETER GEARS D O Z E N S OF O T H E R I M P R O V E M E N T S - O7-' 15 Saturday saw the opening of North Iowa Used Car Week, and thrifty buyers "got there early " loday, no doubt, they are telling their friends about this opportunity of switching to a better car! Many of the cars are 1938, 1937 and 1936 models with many important improvements that have been brought out in the past few years. Many have the finest kind of dealer guarantees. What does your old car offer to compare with the desirable features listed at the top of this page? Jt the answer is "repair bills, sluggish performance decreasing trade-in value, growing unreliability . . . then why hesitate longer? It's poor economy to drive a car till it's ready to fall apart --to say nothing of the safety angle. Take advantage of your golden opportunity NOW! Bring In Your OLD Car - Drive Out a BETTER Car MARCH 18-25 1 % I I J Birum-Olson Company 316 N. Federal Ave. Cerro Gordo Nash Co. 115 N. Delaware Ave. Folsom Auto Company 19 Third Sfreer N. E. Hart Motors, Inc. 120 N. Delaware Ave. International Harvester Company 23 Sixth Street S. E. Jewel Motors, Inc. 305 N. Federal Ave. ^operating Mason City Dealers, may see toe light. John Gallagher, Inc. Consul thc WANT AD ACTION OF Lopiner Motor Co. 125 S. Delaware Ave. Lien Nelson 612 S. Federal Ave. North Iowa Motors 520 N. Federal Ave. Pritchard Motor Co. 202 First Street S. E. S. and R. Chevrolet Co. IS S. Washington Ave. The Car Market J 8 Second Street S. E, Zenor Motor Co. 21 Second Street S. W. WEEK BARGAINS GEORGE E. PERKINS For which thank you very much, Mr, ill)l agree wiuSTmc. ' '·" ·

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