The Mason City Globe-Gazette from Mason City, Iowa on May 8, 1934 · Page 15
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The Mason City Globe-Gazette from Mason City, Iowa · Page 15

Mason City, Iowa
Issue Date:
Tuesday, May 8, 1934
Page 15
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Page 15 article text (OCR)

MAY 8 1934 SEES NO NEED FOR RAILROAD Examiner Would Not Allow Rebuilding of Muscatine, Burlington Line. WASHINGTON, May 8. I.T)--An interstate commerce commission examiner told the commission today that in his opinion there is no need for another railroad between Muscatine and Burlington, Iowa, and recommended that the commission refuse to authorize rehabilitation ' and rebuilding of the abandoned Muscatine, Burlington and Southern railroad. The new company already operates 11 miles of track in tie switch ing district of Muscatiae and wanted to rebuild 00 miles in order to provide freight transportation foi quarries and an agricultural arer around Muscatine. Examiner C. P. Howard told In commission that the Minneapolt ii St. Louis railroad company vhich operates at Oakville, should oe able to handle the principal traf- ic now in sight through the contraction of about 6 miles of line rom Oakville to the quarries which t is planned to open. He said the abandoned railroa-5 could be rehabilitated for about 550,000 and said that later should sufficient traffic develop the question as to the necessity of extensions north and south might be considered. French Tree to Australia. The French Government will present at Melbourne. Australia, a tree from a battlefield in northern France where French and Australian soldiers fought side by side in the World \var. It will be sent in time be planted at Victories Shrine of Remembrance for the centenary celebration in the fall. Arthur Sawyer. servins six months in jail 'in Boggo Road. Australia recently was given a 24 hour vacation so he could go to a neighboring town and be married. Perry School Board Puts Superintendent Out as Incompetent PERRY, May S. (A')--Walter G. Jlark, superintendent of schools, was suspended by the Perry school board meeting here last night. The members in regular meeting voted to suspend him after the filing of a petition listing eight charges by Perry citizens. The charges included "use of profanity and incompctency." The superintendent made no answer to the charges. The board, recently named in a municipal election, last week reinstated Miss Frances Giltner, high school English instructor, who had been discharged. Superintendent Clark hac filed charges of incompetency against Miss Giltner, but the board did not sustain them. Perry citizens in several mass meetings protested Miss Giltncr'f dismissal, and'the dismissal was an issue in the school board election. Clark's suspension is cffectiv immediately. MASON CITY GLOBE-GAZETTE ' -Pulitzer Prize Awarded to E. P. Chase^Atlantic iciitor Asks, "Where Is Our Money?" and Replies, "We Spent It." 'TEEN READ NEWS! HERE'S THE SENSATIONAL NEW · Every Grunow uses safe Carrene as a refrigerant. You can see it, smell it and hold it in your hand without danger or inconvenience. You can prove to yourself by amazing safety tests that Carrene is the refrigerant you want, to protect the safety and health of your family. Incidentally, these new Grunows have every wanted convenience feature. You'll like the way they look inside, very beautiful and' very low in price. S U P E R - S A F E R E F R I G E R A T O R Tune b, O*-* Network a. « O - n NEW YORK, May 8. (/B--Where, asked Editor E. P. Chase o£ the At- antic, Iowa, News-Telegraph, "is out' money?" His answer won the Pulitzer prize for the best editorial of 1933. The editorial for which the 5"t year old editor-publisher was honored appeared in the News-Tele- jraph Dec. 2, 1933. He propounded the question, handled its many ramifications and then closed his editorial with "Where-is our money? The answer is not difficult. It can be told in one short sentence: We spent it." I5cg;iii at Age ol 3. Engaged for more than 30 years in the publishing business in the western Iowa city, Chase is regarded by his associates as well equipped to interpret the problems, financial or otherwise, as they apply to the average lowan. When five years old, Chase began learning to set type in his father's plant, gaining as thorough a knowledge of the "back shop" of a newspaper as of the editorial side. In 1903 he and his father, the late Charles F. Chase, became associated in the publication of what is now the News-Telegraph. The father, who was in the newspaper business n Cass county for more than 50 years, died in 1927. Born in Anita. E. P. Chase was born in Anita, 14 miles east of Atlantic and attended the Atlantic high school. After graduation he stepped promptly into newspaper work, and for some years was employed on newspapers in Denver, Colo., and Boise. Idaho. He is a former president of the Atlantic Chamber of Commerce, former president of the Western Editorial association, past president of the Allan tic-Rotary club, former secretary of the Iowa Daily Press association, and is chairman of the s county republican central com- littce. He was married March 15. 192'), o Jane Colton Colton of Washington, tils mother, Mrs. R. C. A. Chase, is till living and makes her home vith Mr. and Mrs. Chase in Allanic. C. 0. GORTON HARDWARE Kairnwha, Iowa CEEKO Second Street . E. oa .. W. » * » » " . . ust as private enterprise overbuilt every direction, governmental i. ....n^ activities got out of bounds. The people have to pav the bill. The saturnalia of expenditure created fixed taxes, and taxes have a habit of certainty in good times and bad times alike. With our incomes and our business revenues depleted our tax bill in the main has remained the same. All au echo of the period or extravagance and- wild-eyed inflation which brought about our troubles. We were talking about "two cars in every garage and a chicken in every pot," and we made much about the so-called American standard of living, whatever that meant. We insisted that all the various elements of our populatioi should attain that standard, and w EXTRAORDINARY PAINT VALUES ALL THIS WEEK MASON CITY HARDWARE CO. W E can't imagine our Post's 40% Bran Flakes making quite such a change in anyone! However, in all sincerity, -we do -want to say this much, to everyone: If you happen to be feeling rather "cantankerous" and out-of-sorts, it may be because vou're a bit run-down ... it may be due to_a sluggish intestine, caused by lack of bulk in your diet. So why don't you eat Post's 40% Bran Flakes every morning? It contains bran to supply that bulk you need, to help keep food wastes moving along 'the intestinal tract . . . and to promote regular elimination. It also contains other parts of wheat, to supply that appetizing flavor. You'll love it! Post's 40% Bran Flakes With Other Parts Of Wheat is a product of General Foods, to.?. ADJUDGED THE BEST istillecl into the minds ot many pco- le who could not afford it a. desire or the things had by others more ortunate in life. Oodles of people vho had no more business with an lutomobilc than a wagou has with ·ivc wheels bought cars. Oodles ot wople learned to live beyond their neans. It began to look as it it would not be long until there would bo no one to do the work of the country, as -all were seeking the same mythical standard to which we referred. And we still have the automobiles. The bottom went out of things Or it might be more appropriate to say that the top was blown off Then the people of the United States commenced to tako stock Seeking someone to blame they Us tencd to the fulminations of th- politicians who represented th "outs" and who told them that the way to cure their ills was to con vert the outs into the "ins" and th ins into the outs. This they di.l. wit their usual disregard of essential and fundamentals. It became pleasing fiction to attribute n-.i plight to the tariff, and later to ou money standard. The people \ver told that all that was necessary wa to redvlce the tariff which protect American manufacture and agricu ture, and all would be Jake. Ntn they are being told that the way t put money into the hands o f t h o s ho arc penniless, and make it po?- ble for the debtor to pay his obli- ation.i and start things moving on normal basis is to cheapen our loney. A lot ol other experimental chcmes arc being worked out by n administration of which the pso- )le demand action. We are spending luge sums of money, borrowed for he purpose, in an endeavor to quander ourselves back to prosper- ty. In the face of the fact that d=!t s one of the basic causes of our troubles, we are following the theory that incurring more debt would cure us. And In the face of the fact that excessive taxation is another of the causes of our troubles we a«! laying the groundwork for more of the same, under the delusion thai the application of all of these methods will relieve us of the trouble which we brought on ourselves, aided and abetted by worldwide economic upheaval. We arc a ouccr lot, we Americans. We expect whichever party Happens to be in charge of the government to so manipulate the liana- ling of public affairs as to afford us a cure for the results ot our own folly. We seem to assume that it \:. possible for us to get well economically by the waving of some magic wand. We think we can force prosperity, and to the majority of tht (Omlimict! on ·'««" 1 H l Here and There M6ANBT MAN IW TOW Wtf A 5UPPIN OMME OF HEA** AND RC5CUES J/MMY'* STPANPID Are Varcnts of Son. NORA SPRINGS--A son was oorn Friday to Mr. and Mrs. Scott Sutton. He is the second child, both boys. Taken to Huxley. KANAWHA--Mr. and Mrs. E B. Sheldahl and sons, Loren and Arlo drove to Huxley taking Mr. and Mrs. A. E. Nass to their home after a week's visit with the Soel- dahls. Sir. and Mrs. Nass are the parents of Mrs. Sheldahl. Goes to Conference. NORA SPRINGS--The Rev. J. M. Krafft is leaving Tuesday for Des Moines where he will attend the Evangelican conference. Attend Democratic Convention. KANAWHA--O. E. Johnson and Fred Knudson drove to Des Moines Monday morning to attend a democratic meeting. Honored at Shower. KANAWHA--Mrs. H. D. Bowers, teacher in the local high school vas honored at a post-nuptial shower in the home of Mrs. Herm Brumrnond with Mrs. Arthur Thoreson assisting hostess. Aboul 40 gueslg were in attendance. Couple Married "0 Years. M. and Mme. Meunier. of Trevil- lers. on the Franco-Swiss border, recently celebrated their seventieth wedding anniversary, and 54 descendants gathered in the mountain villasa to take part in the festivities. M. Meunier is 91. his wife, 89, and both enjoy good health. , Hydroplanes are to cross Uie I Mediterranean in one day instead of The following edtorial, written by E. P. Chase of Atlantic, won the 1933 Pulitzer prize. WHERE IS OUU MONEY 7 It is announced that at 10 o'clock tonight, Iowa time, William Randolph Hearst, well known publisher, will broadcast an address on the subject which appears as the caption of this article. The subject is a broad one and permits of many ramifications. Likewise the query is a live one and has been for several years with many people who formerly were in comparative affluence and have found themselves suddenly in a position where money is a scarce article. The whereabouts of the money of the individual is perhaps beside the., point ill this comment, if we stick to the text, as doubtless Mr. Hearst's broadcast will deal with the whereabouts of the funds of the nation as a whole, rather thau the financial plight of the individual citizrsn; but the subject intrigues one and suggests a line of thought relative to the part the individual has ilayod in rendering himself par- .icularly susceptible to the injuries nfiicted by the period of economic stress. Where is our money? Here m Iowa, if competent statistics are to oe believed, during the ultra-prosperous years of the World war period when money flowed like water into the coffers of the farmer and the businessman and everyone else, some 200 million dollars of good Iowa money went for stocks, shares in half-mythical concerns which were worth exactly their value as a piece of printed paper. During that period and shortly thereafter a good many hundreds of millions from the middle west went into the first and second mortgage bonds of apartment hotels and the like, security issued on appraisals inflated to the nth degree. The most of these' bonds are now worth just what the stocks we referred to are worth-the value of the paper and the printing contained therein. There Is no way of estimatir." i;5w many hundreds of millions of money the country over went up in smoke and vanished in thin air when it suddenly dawned on us that even the most productive land in a section like ours is not worth ?300 or $400 an acre. It took only the simplest mathematics to arrive at that conclusion, for even at the prices brought by farm products at their peak, the return on the land in this section would not pay interest on an investment of ?300 or $400 an acre. It can easily be recalled that during that hectic period it was considered a mark of provincialism not to buy a new automobile every year. A lot of fur coats and a lot of diamonds and a lot of expensive clothes for both men and women were indulged oy all classes. The wage earner suddenly awoke to the fact that by Buying on the installment plan he STOP - SHOP FOOD MARKET 128 N". Federal I'hone 312 WEDNESDAY' and THURSDAY DICKER'S PORK Cutlets 2 *» 23 Cold Meats ftUNCED HAM PICKLE AND MMIENTO LOAF Butter K* 26 ·»» Beans Cut Green 3 s Soap Flakes 29 5 lb. Pkg. Blue Barrel could keep up with the Joneses and ie not only spent every cent he could get his hands on in many instances, but he pledged the major portion of his wages or salary months ahead to pay for automobiles and other articles which were worn out by the time he had completed the payments. These are but a few instances, cases in point. One might go on indefinitely telling of the wild orgy of spending and of contracting obligations without thought of the payday and with little or no thought ot the economic soundness of such spending. Then came deflation. We j got down to cases. We danced and I are still paying the fiddler. Like . children we have sought someone j to blame for our plight and also' like children we now seek some magic way to cure our ills and expect the government to provide a cure. The man who contracted debts does not want to pay them just now, because, in most instances, he cannot pay them, in every way we have met the crisis which was thrust upon us as though we had nothing to do with producing it. As a matter of fact, we had all to do with producing it. In the proportion that the individual citizen went haywire with extravagance and rec'.dess spending governmental units went on the same kind of an orgy and whooped our taxes 100 per cent in 10 years. Bond issues were pyramided by communities with the same disregard of the comine- of the pay day which characterized the individual. We built great cathedrals of education, with ; motion pictures and swimming pools j and all sorts of gewgaws and frills.; We erected public buildings in many j cases entirely beyond possible needs o,' communities for a hundred years.' The New ROPER Gas Range IS DIFFERENT! Mason City women who have seen the new Roper have been most enthusiastic over its beauty, originality and many superior features. It's not "just another range" . . . we urge and invite you to come in soon and see it lor yourself. ALLOWANCE FOR YOUR OLD STOVE'- VERY EASY TERMS ··^ »· *· PEOPLE'S GAS AND ELECTRIC COMPANY . ' ; Wzfd JIM ^MILLION A MILLION DEMONSTRATIONS mSodcvfj f r r Nash dealers are out to show a million raotorists-in 30 days-what there is that's so different in the driving of a 1934 Nash or iis companion car, the new Lafayette. Within 30 days, all America will have a better idea of modern motoring at its very best. Nash already has built and the public has bought a million Nash cars-evidence as strong as evidence can be that Nash puts something into its cars that is out of the ordinary. You nre invited to ride in a Nash or a LaFayette, or both, to see for yourself how Twin Ignition steps up motor performance -how the LaFayette "jeweled movement" engineering lifts the performance of this new Nash-built car clear out of its price class. Call us for your "One in a Million" ride. We'll expose you to no high pressure salesmanship except that which you'll discover in the car. S77S to SS65 Big Six 116 inci WliKlbasc, SB Horsepower Advanced Eight 131 IncKWhKlbttK. 100 Hompoint · tl065totll4b Ambassador Eight 133lKbVtht*Um**.125HUKpmia · $1575 (o S1625 Ambassador Eight JM2teciWiMtto.. / 12Sffor«pow.f · «820 to MOSS NEW HASH-BUILT LAFAYETTE, THE FINE CAR OF THE LOWEST PRICE FIELD, 5595 TO J695 (All priest I. a. b. /aciorj- sni/erf to ciocffo wttloul notice. Special Equipment Extra.) INDIVIDUALLY-SPRUKG FRONT WHEELS OPTIONAL "| Q ^k | Mason City Motor Co. 22-2-1 SECOND ST. S. K. NASH SALES AND SERVICE I'HONE 308 M (3019) MMHBMMR

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