The Courier News from Blytheville, Arkansas on August 30, 1947 · Page 1
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The Courier News from Blytheville, Arkansas · Page 1

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Blytheville, Arkansas
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Saturday, August 30, 1947
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BLYTHEV1LLE COURIER NEWS 'PHK T">O\I IV 4 WI' MIIMirOtl A HI?l-> r~ivt K i s*t ri mw • » I inri i . i , . .. . .. ^^^^^ VOL. XL1V—NO. 135 Blythcvlllc Dully News Blythcville Courier —^ POMI^NT NI^SPAPER OF NORTHEAST AUKANSAS AND SOUTHEAST MISSOURI Blytheville Ilcrhld Mississippi Valley leader BLYTHKV1U,!.;, AUKANSAS, SATURDAY, AUGUST 30, 1!M7 Soviets Approve Italian, 4 Other Peace Treaties Move is Surprise To Western Powers; Scheming Feared LONDON, Allfr. 30. (UP)—Moscow liaikd today as a new Soviet contribution to strengthened international cooperation Russia's rat- fication of the pence treaties with Italy, Hungary, Romania, Bulgaria and Finland. An unheralded Moscow broadcast announced the ratification which cleared the way for restoration of full relations with the former enemy states and for tlic early withdrawal of American troops from Italy. The only remaining procedure to bring the treaties into full forctf was thc depositing of formal instruments of ratification by ihe Big Pour. The United States, Great Britain and France, as well as the former Axis satellites, already had ratified the treaties. Radio Moscc.w broadcast an editorial of the Communist Party organ Pravda expressing Soviet satisfaction with the treaties. It said the ratification by the supreme Soviet or parliament represented n contribution to the cause of increased cooperation among the nations To 'Renew UN Membership Moves LAKE SUCCESS, N. Y., Aug. 30 <UP)—Russia was expected today to propose that the United Nations reconsider the membership applications of Italy, Hungary, Romania anu Bulgaria now tnat the Soviet Union lias ratified the peace treaties with those countries. Soviet 'Deputy Foreign Minister Andrei Gromyko, who takes over the presidency of the UN security council when it reconvenes Sept. 9, said the Soviet ratifications eliminated all his objections to the admission .of tlie four countries. The western powers, however, were certain to oppose Hungary, Romania and Bulgaria, the three so-called Soviet satellites, on grounds that their Communist governments arc suppressing human rights and freedoms. Gromyko'o statement indicated that he would not veto the Italian application for membership as he did earlier this month when the council turned down 10 of 12 applicant nations. Only Pakistan and > Yemen were approved at. that time. _ United Nations officials viewed the Soviet actio'n' as' An encouraging move which might ease the currently-taut relations between Russia and the West. • llytheYille Rain-Makers To Dump Some More Ice If Right Clouds Appear Rain-makers w. H. Yarbrough and Zane Hall, who claimed success Thursday when they dumped dry ice into a cloud to cnusc rain, will try the experiment again to- norrow. If the clouds are right, that is. A moisture-laden rain-cloud of IB cumulo-nimbus type is required. Pilots Hall uiul Ynrbrongh. operators of Hood Flying Service, will climb to an altitude near the cloud's top and from their plane will dump dry ice into it. The coldness of the dry ice iiipposcii to lower temperatures in the cloud to the condensation point and cause rain to fall. The rain-makers plan to pick a spot over the Municipal Airport or I the city. Up to 10U pounds of dry lee will be used if that much is available, they said. But th.e whole experiment hinges on the presence of the right type of cloud, they pointed out. Eyewitnesses on the ground verified tlir fliers experiment Thursday and said heavy showers fell Northeast of Blylhcville afler about 20 pounds of dry ice was added to a cloud. Once an Instrument of Death SINGLE COPIES FIVE; CENTS ! 41 Planter Proposes Placing Cotton Price Stabilization Under Control of Partners JonesboroMan Submits Plan At Agri Council Meeting Here Hliinring toliil hick ol' producer control for radical Uiiclniilions in the price of cotton, K. I,. Derm, Jonesboro piuiU'r, yu.slmlu.v proponed a six-point price Ktnhilixatioii pliii) iiiinctl nt. iiboliiiliiiijr KpcciiliiUvo iiiicci'liiiiily by cstalr liKliniK 'in clustic I'ollon reserve owned iind controlled bv I lie producer. Terininjf 1m p| Jm „ corrnclivo measure and « lo«R- ovorlookcd Koliilioii lo « ntttjor problem of the Soulli'.s economy, Mr. Dcitn presented his proposal nt a Second I)ls- "K'l meotniK ol thc Agricultural (Jottncil of ArkiinsjiH here. No ncllon WHS tiikon on (he pro-* —- - I Soviet Strategy Feared WASHINGTON, Aug. 30. (UP) — Russia's ratification of the Italian peace treaty was seen today as a possible prelude to fresh Conimun- ist headaches for the struggling Italian government. The Soviet action came as a surprise to American officials, who had expected it to he delayed consider- ab.y longer. But to at least sonic of the estimated 2U.003 'American troops in Italy, it was welcome news that boosted hopes of a speedier return to the U, S. •Under the treaty, all but 5.000 American troops must be withdrawn 60 days after formal ratification notice is deposited in Paris by all signatories. The 5,000 GI's, together with the same number of British and Yugoslav troops, win be maintained in the International Zauo ol Trieste. Electric Co-Ops In Arkansas Seek Tie-UpsWirhTVA LITTLE ROCK. Aug. 30. (UP)- Tnc Arkansas State Elc:tric Cooperative closed its annual tncctin* here yesterday after adopting a long- range program.lo connect the Tennessee Valley Authority with the hy- dro-EIecliic dams in Arkansas Little Hock Attorney Thcmas B. Filznugh heads a committee to mnkc preliminary plans p.i-.rt cost studies lo unk the IP power dams in Arkansas to build a statewide transmission system, other members of the committee are T. K. Boslick of Augusta, manager of the Woodruff Electric o-Operalive; and R G Gates of -Bcrryvillc, manager of thc Carroll Electric Co-Operative Specifically, the program'would tie the 1VA into Arkansas power dams at Bull Shoals, Norfolk Blakcly Mountain and The Narrows] Halstead Liquor Case Hearing is Postponed Preliminary hearing for Jake Hal- itead of Phoenix, Ariz., formerly of Blylhcville. who was arrested Aug. is by Slate Patrolmen and charged will) the transporting of un-laxcri liquor into Arkansas, was continued until Thursday In Municipal Court Urn morning At tlie time of Haistead's arrest on North Highway 61. thc officers found 22 cases of un-lascd liquor in the back of Ihc car he was driving. Jaycees Select Advisory Boards Plans for Eighth Cotton Picking Event Taking Form Planters and businessmen who have been named to the Local and Non-Local Advisory Beards for the Eighth National Cotton Picking Contest here Oct. 2 were announced today by James Nebhut contest chairman for the Junioi Chamher of Commerce, sponsors. W. r. McDaniel is chairman o! the Local Board. Members of tin. 1 board are u H. Autry, Paul D iFoster, Keith J. Bilbrey Rosco Crafton, B. G. West, Charles Rose, Louis Applcbnum, L. G. Nash, B. A. Lynch, Sam H. Williams, A. K. Wetenkamp, E. A. Stacy, R,. D. Hughes and Charles C. Langslon. Chris P. Thompkins of Burdelte was named chairman of the Non- Local Board. Serving w ith him are Fred W. Lucas of Memphis, Ben j. Williams of New Orleans. Everett Cook of Memphis Hugh Comer of Sylacauge, Ala.,' Oscar Johnston of Scott. Miss., L. T. Barringer of Memphis Neal Helm of Caruthersville, Burrjs c. Jackson of Hillsboro, Tex., j. w. Jackson of Memphis, Rufus c. Branch of Pecan Point. Fred Plccman of Manila, Steve Cockerham of Bto- vvah, Cecil Wright'of Luxora, Eddie Regenold of Armorcl, Henry Hoyt of 'Leachvllle and Ben Butler jr of Osceola. Contest.Widely Endorsed Names of the advisory board and members of the contest committee appear on new stationery being used in contest correspondence. The four-page "sheets" of stationery include pictures of last year's event and a history of the contest. On it also are printed endorsements of the contest received from Ihe American Cotton Shippers Association, National Cotlon Council of America. American Farm Bureau Federation, New York Cotton Exchange Hew Orleans Cotton Exchange' and the Memphis Cotton Exchange Contest Chairman Nebhut spoke to members of the Jaycce Roosters C!ub at their monthly dinner meeting last night, nt the Rustic Inn He told them of developments to date in arrangements for the event. Jaycce President jimmie Bd wards was a guest at the meeting. i Courier News rhuto Sheriff's deputies, Erwiii Jones (lel'l) am! Holland Aikcn are shown here beside Uic wrecUujre ( ,f an automobile on Hitfluvav 18 \Vpst of Hlvthcvillc whii-h cost Uio life of A. D. Crum, 1C,, o f Doll, Thursday afternoon, pfficcrs said the car was I Inmost thoroughly demolished of any they had si-cn. The jl9Ii2 Chevrolet sedan crashed head-on into a truck at the bridge spanning the sowar ditch two and one-half miles west of Blytheville. i At the lime the photograph was made, bit:; of wreckage from the left side of the car hud been piled on top of the ntlto preparatory lo moving the vehicle from the highway. Murphy Willingham, 20, of Dsll, driver of the death car, received deep cuts about the face and head and a broken right arm as a rc-r suit of the accident. His condition: wns reported by Walls Hospital at-; tcndants, where lie wns taken following the accident, as "still fair" this morning. ' A third youth, Charles Thrasher, 17. of Dell, miraculously escaped with minor cms and bruises mid E. 11. PtnvL'll, of BiyllvevlUc. Route 3, driver o[ the truck, was uninjured. Funeral services for the Crum youlh were held at 10 o'clock this ninrnitif; at the Holt Funeral Home Chapel with the Rev. Curtis Downs, of Dell, officiating, nurliil was In the Memorial Park Cemetery. Gestapo Chief Nabbed After Hiding Two Years PEIPINO, Aug. 30. IUPI—Clmlic Schmidt, former Nasi gestapo chief for'North China aud Mongolia, was captured ui the home of a German- horn woman today after successfully hiding out tor more than two years in cellars anri alleyways of China's onetime caplUi. 12 Fliers Seeking Speed Records in Bendix Air Race VAN NUYS. Cal.. AUB. 30 (UP. —A do?,cn pilots flyinp; converted military planes, streaked off todav lo Cleveland, o. in the .525000 Bendix Air R;icc after William' P Odom. round the world record holder, dropped oul. rcducins the number from an nnhickv 13. Odom. Roslyn, L.' t., backed by pen manufacturer Milton Reynolds was lo have been Ihc I3th pilot to take off in thc regular race when he decided to rfrop out because of a gas leak in thc left win B tank and too heavy consumption of gasoline and oil by his P-47 Tlnm- dcrbird. Four army flierj- plso whipped four i>-8G jet shooting stars into the air for a special race to Cleveland, col. Leon W. Gray, of thc 12th Airlorcr.- winner of" the jet competition last year, roared the air at 11:5:2. He wns fourth Jet pilot to lake off. Armorcl School Term Will Begin Monday •Armorcl School will open for til 1947-43 term at 8:30 a.m. Monday with a faculty of nine, Supcrintcn- Argentina loses In Feud With US Efforts to Limit Hemispheric Pact's Scope Abandoned PETROPOLTS, Brazil. Aug. 30. (UP)—The long awaited row between thn United States and Argen- tina.finally broke out at the Inter- American Conference, but most delegates—the Argentines exccptcd— agreed loday that Sen,-Arthur Van- .denberg led the U. S.-to a complete victory. '•'•-'*,ri". :- s V"The defeat' of -Argentina" hi an unforeseen lasl minute clash not only wcis complete, il was double barreled. Argentina tried to engineer "deal" with the other stales against tlie United States. She had the voles to win yesterday morning, but a suven-hoiir recess saved the United States. In Ihe on'd Argentina not only lost her eilort to limit the scope of the hemispheric Ircaty, bul also so completely lost in the maneuvers that she finally agreed to an article which three days ago she had opposed so vigorously. Argentina agreed to withdraw an amendment limiting the treaty to defense within the hemisphere in exchange for. the support of other nations for a very technical addition to the treaty which the United Slates decided was nimed at isolating Hawaii and the Pearl Harbor naval base from the treaty. The other nations \verc alarmed by Vandenberg's damning dcnuncin- I tion of llic Argentine proposal. All of which led one high American diplomat lo conclude after Argentina backed down completely lo r,ay lhat she left without even a quid pro ciuo to stand on. Thc 12-hour row ended with a lavish flourish of hues ;md kisses, and with Vanflcnberg even trying out his limited Spanish to break Ihc tension built up during llic day. Th? hcavy-juwlcd Pasnial Larosa virtually apologized for the amendment of liis colleague, Enrique Cor- ominns. withdrew it and interrupted Ihc meeting ions rnoti<;|] to cross the hall and hug Vandcnbcrg as n finale. It was a dramatic end l!> the lire which had been smouldering throughout Ihe conference Argen- lina's determination lo iimil the treaty to minimum obligations, and the U. S. effort to obtain maximum obligations. Rep. Gathings Leaves Sunday To Tour Europe Rep. E. C. (Took) On things nf West Memphis, wli.i addressed Farmers of Northeaster t conference 'here ye.siornuj, r,....-- : Memphis by plane tomorrow morning for Washington to join other members, of a House Agriculture Eui>-commitlce for a tour of European countries to study food production prcblems. Congressman Galhing.i cxpacls to be abroad between five and six weeks and the trip from WJ ten to Europe is to bf by pi ,,,. The _commllt£c -detc-rmino how soon 'K*ur6pc cultural production will re.ir its prewar level, nlsa cndcn- vor to learn what is being done with thi!. food that is produced, and what elfect the increase in European production, • will have on American agriculture. . With Congressman Gainings on the trip will be Heps. William S. Hill, El., Colo.; Cliff Clcvcnger, R., Ohio; and \V. R. 1'oasc, D., Tcx.i:;. '1 hey expect to meet Reps. An^ur,t H. Auueison, R., Minn.; and Har- N. Feoding in India Costs Many Lives 'No-Man's Land' of New Governments Scene of Bloodshed • LAHORE. Aug. 30. (UP)— What begnn two weeks ago ns a scries of minor riots in the area of Luhnre and Amrtlsar had developed today inlo a communal blood feud which g like n plague througli- the commission clclmcat- undary. between the new of Pakistan and Indin, Punjab was in a state of tnclvlllml civil war. It threatened lo Involve nil India, at unloltl cost in lives, unless some measure of control were restored within a matter of days. Neither Pakistan nor India had old D. Cr.lcy, D., many and the make their study as a unit. inlo the Truman's Plane Readied For S. American Flight WASHINGTON, Aug. 30. (UPi The While House stair double checked wardrobe and document cases today In mate sure everything was ship.shapr for President Truman's departure tomorrow on a good will trip to Bray.il. Tlic President, accompanied by Mrs. Truman and daughter Margaret, is scheduled to ta'.te off for •South America at Q a.m. tomorrow "board his new private plane, the Independence. Thc bl« ship i.s due :il Cialeao airport in Hio dc Janeiro at 2 p.m. Monday. Mr. Truman will make two important speeches in Brazil. On Tv:;;- Eden insists Atflee Quit or Show Results been able to handle the situation which for bloodshed, carnngc, suffering and misery had been unequalled In India since the Mogul invasions. Both governments had shown rc- Car., in Gcr- t hictancc lo take positive slops or s.x members will employ forceful action against Ihe culprils. The leaders hail "appealed" for peace, the appeals being accompanied by backhanded slaps til the opposition. Minor ofdcinls in many Instances hud not only tolerated the liquidation of minorities In Iheir areas, bul had cooperated. Two Moslem majors of tlic frontier force now face court martial for ordering their troops to attack Sikh refugees, while numerous police had joined in the slaughtering and plundering ol minorities. inisnl at yesterday's meeting. It merely wns .submitted fir study liv Ilia council members. To hall fluctuations In cotton prices and give lull control of the prices from tlic Held to the mill to farmers. Mr, Dean's .sublimation plan called for an clastic cotton reserve normiilly holding lO.tHlO.OOO bales or more. Changes In the sl/c of this reserve -would determine prices Instead of s|)i-ciil[itlons by "price gamblers" who lake no actual purl in production. Mr. Dean's six-point program and mi explanation of II was distributed to members or the Council. Thc plnn outlined Ihc following steps: 1) Capital slock In an nmoiinl to be decided later will be Issued to Ihe government with retiring privileges rclnhiiMl by thc cotlon producers. llrquircs Aci of Ciingi-css 2) A. non-purtlfiim boa'rd of directors to be created by an act of Congress. Members of Ihe board would be recommended by farm organizations and appointed by the president. 3) Tlic board to bo Instructed uy legislation to buy all cotton iivnlln- ble nl a price constant lor at, leasl » ycnr at ti time and to start the buying when the price declines lo parity. 4) As soon as sufficient cotlon has been accumulated, tho Ilc-arM must sell to consumers cit a price of -one cent pel' pound above purchase price, using the one-cent margin to. defray necessary expenses. , • 5) When 'the reserve nrcmmil.ilcs more 'than 10,000,000 bales, Ihe Bonrd must lower the purchase price one cent per pound for Die following year mid the selling price must still remain one cent per pound above thc new ptirchaEH I price. All price changes must bn announced on Jan. 1 of each year but no chance shall take plncc except on July i mid shall remain unchanged Ihercnftcr for at least a year. 0) Alter once reaching the Icn million bale mnrk and then dropping bnck. which would Indlculf llial Ihc reserve was diminishing, the purchase price must bo raised one cent per pound for the following year, tints taking care of unusual crops and variation in dc- Stage Parade 65,000 Veterans Pass Reviewing Stand in New York NEW YCFiK, Au?. 30. (UP)—Tl!e pay-halrcd veterans of Chateau- 'Ililcrry and Ouadalcannl LONDON, Aug. 30. (U.P.)—An- thony Eden, deputy leader or t!ic conservative opposition, called up-! on Prime Minister Clement Atllcc'sl Labor government lo resign today] because it had failed lo halt Britain's economic plunge-. "I'lii:; dribbling succession of weel-ly cut:; and vexing government sermons is exasperatini; and depressing (he British people." Men said in a speech al Carnous- tic. Scotland. Tin' former foreign secretary warned that ll-.c country was traveling a downhill road. "If (lie governmvnl can do m> brllur_ it should i|iiil," ho siild. Men spoke while thc government and union leaders maih ready by a combined effort lo cud (lie wildcat, strike (.if coal miners in Yorkshire which has cost Uic country m"re than ICO.OCO tons of badly needed coal. Thompson, matic-s; Miss Kathleen Enelish. Miss 'Marguerite Matthews, fir.',! grade. Miss Cleo Culver, second and third grades; Mrs. Alice Womack, fourth grade; Miss Neel^', Perry, fifth and sixth grades; and Miss Mildred Trail, music lulsru:- tor. He will return home aboard battleship Missouri. Ihc AS—near lo partly clo'i- dy today, voniglil and Sunday. VVnr- mcr in Northeast portion this afternoon. Weather Few fro Observe Holiday Monday, Survey Discloses Mo;,l JilyllU'Villc retail store:, will remain opni Monday although nil offices in the Courl House and one of Hie banks will obsorvc :i Lulwr l>;ij holiday. i> V.MS learned loday. Murray Smart, president of the Utythcviils Retail Merchants Association, said today that most .stores would ho open nHhough a few individual nu'ichant.s nu\y close. The Association agreed in March lo observe only Ihrce holidays a year—July 4, Thanksgiving ' and Chri'.tnius. All county ollices in Ihe Court Huu.sc will be closed Monday, including the Intension Service office and the Production and Marketing Administration Field Branch Office. The Fli-kt National Bank will ic- niiihi open while the Farmers Bank ami Trust Co. will close. Ill City Hull, (he Arkan-.ab :>(;»!c Revenue office will do-,c and Ciiy Clerk Frank Wliilworlli'h office will remain open. Municipal Court will be held Monday, Judge Graham GujUtry said. Zoning Dispute May Again Go to Chancery Court Hearing of one ol 13 cases charg- im; Plcctwood B. Jovner of Blytlie- villi! will, violation cf city ZDriin^ ordinances was scl for loday Ir.n wns continued indefinitely pending filing of an injunction suit against llic city to restrain enforcement ol llic y.i'iiing laws. Mi-. Joyncr is rhn^cd on 10 counts of operating a business establishment in a residential seclion. A filling station owned b,- him in thc 2ICO block on Chi;k.i"sawba Avenue and allegedly operated illcgallv bc- j cause no permit wns c ran led for its construction in a residential district has resulted in arrests lor each d.iy of operation and a Chancery Court Milt brought by Mrs. Margaret Craw- ford. Defense Attorney W. Leon Smith said lie v.-as prciMrin? lo file in Cliriiiccry Court .1 r.uit ivjnlc.ilin? validity of the ordinance:, and seeking to restrain the city from enforcing them. •Aflcr Ihc suit is filed, the uses on thc Municipal Courl dorXe; against Mr. Joyncr will be l-.cld dormant, Cily Attorney Percy A. Wright said loday. It the injun '- tion agnSnst llic city is obtained. Dip cases will be dropped as thc ordinances will become invalid. If not granted, however. Mr. Joyncr will be prosecuted cm all charges, Mr. Wright said. Meanwhile, a new charge will b: Icdged nguinst Mr. Joyner each day Ills iilling station is in operation, Mr. -Wright baid. Mercury Climbs (he Working its way back inlo uVTi'r SB's. Iho merrnry here y«- lerday hit n high of 33 degrees, accenting to Robert E. Blaylock. official weather observer. Low Uuriny liit night wji 71 dc-jrcfi;. lon iiiuj Industrial products. The prli'os of niyon. one of col- Ion's blBKest competitors, and other Industrial products arc kept under control by the producer through all phases of the products' movement, from tin: plum through distribution ccnlors and local denlcrs In Iho consumer, one chart, sliow- ed. Tlie C'olton farmer, however, loses control of his product after It wn.s sold to the local buyer, who with Ihc compress and cotlon firm ro- Kulitled the price through speculation until the bnles reached Ihe textile mill, the chart also showed. "The producer must be abc to Increase or check the flow of cot- Ion delivered at Uic consumer's door or lie will nut be nblc lo control the price properly within his rlKliU uiul keep il nt levels consistent with what Is fair mid acceptable," the Mr. IJcan staled In his proposal. rinli'Ollvc I'liusi- Stressed "Cotton farmers only want and need what Induslry lias always hud by nnturc — no more, no less. They •mini lo have n say about the price the mills pny for Ihc cotlon they produce. They wniit conditions fixed so that cotton farmers will bo jirolccted aRiiinst raids on lliclr prices by outsiders. They want Ihc law of supply and demand to work freely for them without Interference. Thoy want lo know before] they ttike Ihe Job of making a rmle of colton what pay lliey wilt get for |l, as all olher workers and producers know the ununuil of pny when lliey decide.to tako u |ob or make ii product," the proposal n!io Dinted. / A second duty of the board of directors should be to rtsufcf -all passible sprvice lo texlile mills in their purchase of, cotton iind ns.- fiat In finding ne.c uses for col- tou, the proposal recommende'l. ' Ivfr. Dean's proposal ofTii'nxl the following explanation of !nr.v the cotlon reserve would operate: "To slnrt with the reserve .Is empty. If II Is decided that about five years should be Ihc proper time to gradually fill Uu> reserve to a normal level, then enough cat- Ion should be produced lo iiltow one-fifth each ycur, or 'J.OOD.OOO bales more than consumed should be prod need the first ycnr. If it r^^i^'^ni'Ks"— «r - "-" to intluciice the price unduly. "It is apparent," Mr. Dean's proposal slated, "lhat this clusllc reserve would lie tlic factor thai would stabilize Ihc price of col- ton nl a figure that would be agreeable to both producer and consumer, and 11 will be successful only If in strong hands as herein provided. .." In prrscutlnp his proposal. Mr, Dean said collon farmers ucncr- consumed, then the price should be scl nt u figure that would bring forth 12,000,000 bales. "This only lime guess work would have lo be resorted lo would he the first year. After the first ycnr. the condition of (he reserve would dc- Icrmlnc the price, and the price In turn would determine the amount produced and the amount consumed. The prices nt both ends of Uic line would always move up and .illy have not been prosperous as ™ a "" ^cenl"^'^' ' h °" 8h compared to non-agrlculliirnl pro-; ,. A( . U)c |irlccs ,„,„ ,, p , the cot- Ihe younger ones of marched side-by-side icrtay—I.B.OOD strong—In a pageant, of sound nnd color that was thc American Legion's 2Jlh annual convention pnrndc. : • •Broken clouds, with an occasional light ciito.'e. and brief periods of sunshine, held . Ihe tempernture down, as a crowd estimated at'up- wards, of 7J0.080 lined 5th Avenue for -10 blocks. A flight of 18 Army B-29's dipped loix under the clouds, skimming- Mnnhntlcn's skyscrapers in a dfn- ninllc salnlo a half hoitr after the' parudc began. Some 4.000 policemen lined the nvonue, holding back crowds and rerouting traffic'nrouiid the area. TliL pnrade wns e:<])ected to lost fur Into the evening. , A mounted .police escort led tile parade pas; the reviewing stand at iUjid strccl. Close behind thc mounted police, str dlug proudly at the head of the fool marcher*, wa.? Laglpnnaife WiV- llni:i O'Dwyer, mayor of New York. As O'Dwyer passed Ihe reviewing stand, ho saluted smartly. -Just ns New York Gov. Thomas "E. .Dewe'y < flcppcd Inlo the box and waved ills hat. O'Dwyer joined Uewcy nnd official receptionist Graver Whalen hi Ihc reviewing slnnd a feW'mimiles lalcr, nnd'the three slood at ntten- . tier, cs tho combined American-Legion posts of thc city police and lire deportments swung ay.' "The finest" niarchlni la ibriaot, 'wore Icfjlon caps with Kelly green crowns. First National 10th Birthday The ,'Flrst National JBonk'.'lieve celciirated its 10th anniversary .tfi- ,Sant-JI. Williams, ,wlx> ort'aiijiefl thc.bank n decade ago and has befri Its president ever, since, said: the First National Bank formally opened Aug. 30. 1937. Another director, County Judsi Rolnnd Qrcen, also marked his lOtti year of nfflllatlon with the bank in lhat capacity. With deposits shewing an average increase of fSCO.COO each year since Its opening, thc bank reached peak' deposits of S7.CC3.0CO last year 'Mr Williams said. ' •' Thc First National Bank was organized In 1937 with capital of $100,CCO mid n surplus of *20,000. tt new has the same capital wlth"a surplus of SI 15.000. Mr.' Williams pointed out. The capital structure lias doubled in the past 19 years he said. • . • • <.-;'' "The bank has noted a- grbwUi in thc city of Blytheville and has grown lo keep pace with-it," Mr. Williams said. riuccrs and blnincd t>rlcc flnclua- lions and lack of producer control for this condition. Lack of Controls Criticized Ills proposal slalcd thai "Industry maintains control of ILs products nil thc way to thc consumer while, on the other hand, the cotton producer loses control of his products at his own door and has no control over prices during the long roulc lo the consumer. "This absence of producer control of cotlon permits gambling, exchange dealing, and speculation on its future price, which could not exist If there were proiier producer control. "As soon as the speculators and those dealing in futures get hold of a supply of cotlon, it is lo their up, Ion in Ihc reserve would also up iind vlcr-versa. Too high a reserve, would require, lowering llici price which would Increase 'cr>n-1 sumption nnd decrease production,' thereby lowering Ihe re-serve. Too' low ii price would work in llic op- i posllc manner. "Tho reserve would absorb tlic unexpected in production or consumption and allow a steady con- Irolled flow to the consumer at all limes at a price acceptable to both producer and consumer. Soon Ihe operation would become nutomatic with Ihc .slight price adjusttncnl from year to year to hold the TC- -scrvc within rcns,onnb]c limits." Mr. Dean asserted IhiU "farmers .(ho arc smart enough to produce cotton .shonlt be smart enough to Uriicfit interest to have the greatest possi- hie fluctuation of prir-cs and they [-conlrol prices. immediately nnd diligently work to! Textile Mills that end. They could not operate if i He :\[:.a said il was not there were proper producer con-[ Uiul Ihc plan would wort: perfectly trot. They do not operate- on llic | but he was convinced that It would Mrs. Forrester Dies In St. Louis Hospital Mrs. Ertha Forrester of Blythe- villc died yesterday afternoon • at tlic City Hospital in St. Louis She was 50. She is survived by her husband, Virsil Porreslcr, and one daughter. Funeral arrangements at noon today were incompleLc. Holt Funeral Home Is in charge. qunnlily O f collon at a set price. Pecan Point Planter Speaks Proceeding Mr. Dean's address «. C. Branch of Pecan Point, chairman of the Council's Agricultural Committee, presented a brief report on parity legislation and stress the need for growin^ cheaper cotton. Opening Suture price ot the products of in-1 do more lor production than any- duslry for thc »lc reason that llic | thing else has so fur. producer has by nature power lo i 'Ihc plan would do away with has by control llic price. "'Ihrrcforc. Ihe price of industry's goods Is effectively stablllMd by nature by Ihc law of supply and demand and Is not subjected to devastating raids by .speculators and price gamblers. "The uncertainly caused by llic abnormal fluctuation of cotton pri- cers has re-suited in chaos, a lack of efficiency, soil robbing, and a lack of long-time careful plannin; plan Ihe textile milts biggest objection lo buying collon, he said. Pointing out lhat rayon inlcrcsls could otter a scl price but llial the mills never knew definitely what,- Ihc price of cotton might-be when il reaches them. Mr. Dean suggested one method of financing bpcraticn of the stabilization plan. Thc government could be asked to participate In j thc plan as a. defense measure and so essential lo success on the farm. !,000,000 bales to hold Indefinitely. It has plunged the cotton farmers The cotlon board could then draw into agricultural gambling and away on this supply to maintain the re- from well balanced fanning. It has been perhaps the one greatest liiudcrancc lo advancement In Ihe EoiHli." In support of his proposal, Mr. Dean displayed charts and graphs showing comparative price llucluu serve, he said. He also said he believed that farmers of the South could achieve stabilization of cotton prices. Mr. Dean predicted Ihc day,, when the farmer would receive telephone Orders from textile mills and could tioni and producer control cl cot- agree to deliver i cettiln type and . _ thc afternoon session, H. M. Brlnklcy discussed tho State daimrd Hospilal plan and urged c.ountics to carry on their work to get hospitals, especially in Eastern.-Arkansas.'' While the government will j»y one-third of thc hfcpllals' construction costs, each cpunty Is entitled to levy a lax of'five mills or less lo obtain their share and a lax of'one mill for, maintenance costs, he said. Reports from the Alfalfa Committee, of which R. C. Bryan of Osccola Is chairman, followed. Dr. R. P. Bartholomew of trie University or Arkansas College Of Agriculture, spoke on problems facing alfalfa producers. Among these, he said, were drainage, : frequency 0 ' cutting, insects and disease. '• W. E. NSorris of the; Arnold Dryer Co. said that forward strides had been taken In thc field of alfalfa dehydration and explained-opers- lion o flho portable drjer, »uto- maiio fcder, presslni; of »U»ifA blocks, thc self-propelled harvwUr and Ihc process of drying with steam uaier iiigM

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