Altoona Tribune from Altoona, Pennsylvania • Page 4

Vhat It Means INFLATION The White Mignon G. Cockatoo Eberhart NEW YORK Day By Day By O. O. McINTYBE I ouadcd US By THE IIMtS-TBlBUKE CO. N.

llli Twelfth lto. Henry President Theodore Arter. Vice Pres. Gen. MaMfei (Member of Audit Bxeu ot ClKtlUtlOl) Mall Snbeerlptlon Ratte One llontb (In advance).

-w Six Montha (in advanced One Year (In advance) 6 UU Canter SubeerlpttoD Bates One Week Six Ifonth (in advance) 3- One Tear (in '-w no 1916 117 191ft 1919 1920 I PERIOD OF -I ZioWAR INFLATION jSf rr BASE U0O-I9IQ-I no Jr Xtl WAGE SATES -y Tw Your Income resulting from it are small in comparison with an equal amount of deflation." Deflation does exactly the reverse of inflation, as shown by the effects of the depression. In essence it increases the value of money but decreases the amount of it and the number of people who possess it. Inflation lowers the value of money but increases its amount and diffuses it over the population. Asf prices rise, following inflation, producers of raw materials, such as farmers; get Increased income from their goods. These increases send retail prices up to the benefit of the industrialist and the business man.

Their profits enable higher wages and salaries, but usually these do not come as soon as higher prices. The chart shows how prices bounded up during the war inflation of credit and how wage rates lagged behind them. CR0SLEY Electric Refrigerator With Shelvador The Shelvador marks the greatest development in electric refrigeration since the invention of this great home necessity. Foods such as tomatoes, peaches, which are often bruised by other articles crowding against them on the refrig-' erator shelves, are protect ed in the compartments of the Shelvador. $95 $130 Fully equipped and installed.

Nothing more to buy. Winter Music Store 1415 Eleventh Ave. Fifty-four Years In Altoona While They Last FINAL CLEARANCE of All End Table Lamps IN OUR STORE Also A Group of Specially Selected End Table SMOKING LAMPS NEW YORK, April 25 Newspaper headlines today are models of efficient epitomizing. It's among the highest of journalistic arts to tell the' story, in a few quick words. no longer seems to -creep- into the world of headlines.

But it was not always so. Boss Clarke in Dana's day was noted for his captions. He broke very delightfully all the rules of the calling. About once a week he salvaged some stray item out ot the run of the news and Btip-pled it with a line that made an inconsequential something unforgettable There was the night a six-year-old moppet of the slums stepped off a tenement roof to eternity. Instead of the familiar "Tot Topples to Boss Clarke wrote: "A Little Child in the Dark!" The self-styled Bishop of Wall Street used to exhort on a Wall street corner.

He sent frequent manifestoes. In one he asked harried money changers to seek solace with him every Thursday. Over it Clarke wrote: "The Bishop of Wall Street Will Be Sympathetic on Thursdays." But his top was the headline over an immigrant ship held up in the harbor suspected of typhus. It read: "Those Who Wait at the Gates!" The magazine Fortune lists top liners of the cartoon and comic strip with the following weekly wages: Sidney Smith Bud Fisher George McManus Rube Goldberg Harry Tuthill Percy Crosby Fontaine Fox Billy De Beck H. T.

Webster Sol Hess Frank King $1,000 and Cliff Sterrett $1,000. I happen to know four in the listing receive several hundreds of dollars above the magazine's quotations. Those on the inside tell me the whole list is a collection of guesses. Two aristocratic clubs Union League and Lotus have retained their Negro waiters throughout the years. Most have frizzed white in spaniel-like service that clings to colored help as elevator operators, bellboys and waiters is the Bretton Hall.

A Russian restaurant in' the East 50's has the usual grandiose doorman out front caparisoned with a fur drum major's hat, braided coat, tight satin pants and high boots. Irving Hoffman, hurrying past, walked up, peered into the minion's face and apologized with: "Excuse me, I thought you were Delia Fox!" Jerry Wald, who wrote "The Great Sale" under the pseudonym John Bascom, sends around a first edition copy autographed: "To O. O. M. From a radio editor to a press agent to a novelistall in one depression.

J. A favorite street character who resembles Hetty Green Is the engaging and elderly biddy who sells gardenias across from the Ritz. Among her customers are Whitney Warren, C. M. Schwab and Frank Storrs.

She shouts "God Bless Youse!" to all patrons, and for the especially generous goes into a quick little Irish jig. I lived in a brakeman board ing house near the depot in East Liverpool, O. run by a shillalah- swinging Irishman. He was somewhat a ward poobah and at once the roughest and kindliest fellow I've ever known. At night there seemed to be hot and cold running switch engines in every room and I complained of the noise.

"No airs, me b'y!" he counseled. "Sure at $3.50 a week what with the food you eat you're i lucky we don let out the front parlor for band practicin'." Quaint Murray Hill is less col orful these days as result of the departure of the Goadby Loews. Outside their substantial mansion opposite the Morgan house they used to park imported motors in suites one day three black Ren- aults, the next the trio of maroon Rolls, the third, powder blue Lin coins, each with its complement JANE ARDEN rv Ms MSTBIZIOUS MESSAGE, BY WTHEZ. fZEKEALBD 4 MAP TO LOST BEHIND TH PlCTUfZE. BUCK ROGERS, 2432 Our Ship and 13 li i I TH6 VIEWPLATE WENT DEAD- to to in of as on up in of I m7r I ISM'T eVErZVTHlMG By J.

R. BRACKET! NEW YORK (P) What Is 'the effect of inflation on wages and salaries? Its initial effect is to reduce their purchasing power. But Its effect in stimulating industry is held by. inflationists to increase employment and, later, also wages and salaries. The primary effect of inflation is increase the prices of commodities.

The first commodities ffected are raw materials, such as cotton, wheat and leather. These prices rise because manufacturers hurry buy new materials to turn into Che finished products. -Affects Retail Goods Second The next commodities affected, general, are those sold at retail, such as shoes, clothes and od. They rise, first, because manufacturers charge higher prices and, second, because of the desire for higher profits during inflation. Thus, those persons whose income varies more or less with the prices commodities, such a3 farmers and merchants, tend to benefit quickly from inflation since their incomes rise with prices.

Effect on Fixed Incomes Persons with fixed incomes, such office workers, do not benefit so quickly and in some cases not at all. i When the price of shoes goes up and John Smith's salary remains the same, his purchasing power has declined. After the war years there was much complaint about high prices, which was as much a complaint about low wages and salaries. Wages and salaries are not the only fixed incomes. Persons living income from rents or income from bonds and other investments are affected in the same way and even more definitely in the case of tha bond holder since his rate of income is rigidly fixed.

During the depression such persons benefited most so long as their income was maintained. Employnent Revived In the long run, inflationists hold that the inequalities faced by salary and wage receivers are -counterbalanced by the revival of employment. The more people who have jobs, the greater the total purchasing power of the country, regardless of the purchasing power of the individual. As this purchasing power makes itself felt, business increases still further and with it wages and salaries, since the demand for labor increases and therefore the price which must be paid for it. Those rates which resist declines during deflation are likely to move very slowly, and in some cases may, paradoxically, decline.

Result Depends on Quantity. Thus, light and power rates are AWashington i Bystander By KIRKE SIMPSON WASHINGTON Senator Tom Connally of Texas was reasonably safe in suggesting that a rule of making the punishment fit the crime should be applied to sena tors "who make labored, uninter esting, dull, insane, colorless speeches and then rush out to play golf or take a nap." "Good sportsmanship would urge that they stay here and take their punishment, too," Connally said. The Texan does a lot of talking the senate, first and last. Yet not many onlookers would classify any speech Tom Connally ever made as dull or colorless. That day of Connaily's outburst, footmen and chauffeur appro priately uniformed.

Recent Ohio floods revived boyhood memories of river days. Af ter going through three floods, Venice, years later, was no thrill was born the year of the big gest rise 1884 but remember grandmother telling, with great irony, of the skiff-skirling up to the second story window of our house to present the monthly bill from the town's water works de partment. (Copyright, 1933, McNaught Syndicate, Inc.) A. D. ILLANA KCKOTIKltJ rKUM r.

VIEWPLATE CONTROLS PFS1SCOPE NUMB5R-SEVEM DESTROYED BV DISINTEGRATOR AM PuSHlMS OUT PERISCOPES HVE AMD MIME IUOWMA1M VIEWPLATE 1 WWV Wir-i BUT MAKE IT SWAPPY WE'RE I CI VIM5 1 wvsl jjf DIOWT -WHAT LETTERS 1 SYNOPSIS: Can it be that the man who murdered tht Russian in tht hotel corridor tht man who ehot live times at Jim Sundean. and the man who t'ied to abduct Sua Tally art the tamtt Sua Bun-dean and David Lorn a detective. mizzle over tht oroblem Then aaree that behind it all it a vlot to obtain tht token ftv means ot which 8u is to trove her identity to her brother whom sht has not teen for ware, and thus to share with him in immense fortune. In anu rase Sue it in rtonjer and Sundean irhee to heh her. Chapter 21 STUBBORN SUE I STARTED toward Sue; It was a ghastly suggestion she'd put Into" words.

But Lorn intercepted me. "Oh, don't think of danger. Miss Tally," he said easily. "The token protects you so long as they don't discover It." She looked faintly less rigid" under the easy assurance of his words. But 1 was thinking: abduction, search, threat, unspeakable torture, even, And she was like a rock in her determination not to go to her brother.

"Can't you cable something to Francis to bring him here sooner?" 1 suggested. cried Sue spiritedly. "I won't beg" "Nonsense," I sa'id. "This Is -too serious for petty pride" "Petty pride!" She was on her feet again, ber eyes flashing danger-ously. "Come, come, Miss Tally." murmured Lorn quietly.

"We understand your position. But I'll cable to Jlr. Tally." "I won't have it" "Then I'll do it myself," I said grimly, and meant it, though I have the average man's dislike for meddling in someone else's affairs. "You won't," said Sue, sitting down again. "Then you'll tell the police about it and get their permission to leave "I won't." said Sue quite sweetly.

"The question of cabling your brother can wait," Lorn said quiet- ly. "It wouldn't help us now, anyway. It would take Mr. Tally some time to get here, and this business will be. probably, cleared up and done with long before he can arrive.

And there is no use talking of leaving now. The police will not let any of us leave. Not under any circumstances. It is out or the question. You can call that settled." He looked thoughtfully from Sue to me and back, "Have you any reason at all to suspect that the Lovschiems are at the bottom of this, Miss Tally? There's a very obvious implication of a sort of conspiracy of at least two people possibly more.

One person alone could not possibly swing it, any way you look at it." "The Lovschiems! No," cried Sue stubbornly. "I told you I'd been nervous about it. But nothing definite except that abduction. And nothing at all to involve the Lovschiems." "But there's no one else in the hotel," said Lorn. "No," agreed Sue at once.

"Except the servants, and they couldn't be the offenders Marcel i3 too loyal, Marianne too honest, and the cook has no brains at all and besides is a shocking coward." "Well." said Lorn, "there's the priest and Mrs. Byng." "And do you seriously suspect either of them?" asked Sue scornfully. "No if there actually is a conspiracy, as you call it against me, it comes from outside the hotel." "But waj's and means?" hinted Lorn dryly. "Pout! There are plenty of ways and means. People could easily get in and out of-the place, and without being seen.

It stands open all It's practically deserted in the winter. And it's a great rambling affair with hundred hiding places." "Do you know any of them?" asked Lorn sharply. SHE looked at him in a perplexed way. "Oh, I see," she said after a moment. "You mean really secret hiding places.

Isn't that a little absurd, Mr. Lorn?" "Perhaps." be said. "Still it's a very old place, you know." "You are sura it was a man who shot at you In the courtyard. Mr. Sundean?" asked the detective.

"Why, yes, of course. That Is, well nor I didn't actually see him, and I suppose a woman can fire a revolver as easily as a man. But I felt that it was a man." Sue said, quickly: "You've forgotten, Mr. Sundean. 1 told you there is a way Into the hotel after the doors and gates have been locked for the night.

I know it Lov- the part in it George Raft refused to piay. La Rue believes that if his per-forniahoe is convincing, he will be applauded, despite the fact that the person he portrays is a villain of the first water whose justifiable punishment is death. Raft called the role "screen suicide." La Hue, offered it, called it his big chance. Unlike Raft, who declare's he's no actor, La Rue has confidence in his ability to make the public like him. La Rue played tho part of the priest in "A Farewell to Arms." It was Frank Borzage, getting ready to direct that film, who insisted on putting him in the part.

He said he had no particular leason for wanting La Rue except that he was tired of seeing conventional characters. The average director would have picked a rotund, elderly, bald man. Glad For Role "I was glad to get the job," says La Rue. "Any part, no matter bow small, was welcome. 1 didn't think 'Farewell' would mean much, but schlem and his wife know It Marcel knows It- But otherwise it is supposed to be kept a secret" I remembered ber words at.

once. "And Joif said the man who followed you last night kuew the way Into the hotel? That Umlts it further, then, it the way it supposed to be kept a If we can discover Just who knows of that way-providing of course it has actually been kept a secret" Sue nodded vigorously, though I thought tt. unlikely among those people must be" I checked myself, as 1 saw 1 was getting nowhere, and Lorn said a little maliciously: "Must be Mr. Sundean? The murderer or the murdered man?" depends on the identity of the murdered man," 1 said rather glumly. "At any rate.

It proves that the man who tried to abduct Miss Tally had some connection with the hotel or with the Lovschiems. The fact that after driving about for so long a time, he finally brought her back to the immediate vicinity of the hotel Indicates that too." Lorn nodded. "Possibly," he said. "Then," I said, "there's the car she was carried off in. If the murdered than was her abductor, then the car must be standing about near the hotel." "True." said Lorn, giving me a faintly respectful look.

"I'll see what I can find out about that. Fortunately, as I said, the police here are inclined to be friendly to me. I wonder how soon we'll know the exact poison: we can't consider its hypothetical relation to the few fact3 we have until we know what the poison was, how it might be administered, and when. However, the abductor may have had accomplices." tt'T'HERE was only one man," said Sue with a small shudder. I glanced at her white face and said quickly: "Well, there seem to be several things that will bear investigation.

I want to know, first, about this business of the dagger: who took it off the dead man and washed it and then put it back on the clock? "Then I want to know why the lights went out ust -as they did while I was In tje court It was a most opportune accident if accident It was for the man in the court with me; otherwise-1 should certainly have caught a glimpse of him. "My only surmise about that is that, if it was Lovschiem in the court then Madame Lovschiem could easily have pulled the main switch. She might have been watch-. Ing the affair and have come to her husband's assistance, in that way. Where were you.

Miss when the lights in the hotel went out?" "I was still in my room," she said at once. "That was," I asked, hating myself but remembering too vividly the face in the third-floor window, "your own room nineteen? On this floor?" "Why, yes, of course," she said. "Do you mind if I ask how you knew of the murder?" "Not at all. I was opening my window; I could not see through the shutters, and I unlatched one in order to glance out into the court I saw light streaming from your room and several figures yours, I thought, and Marcel's and I -could see Father Robart bending as if he were kneeling. "It was clear, of course, that something unusual had happened, and I was curious.

I suppose. I felt apprehensive and alarmed and couldn't possibly have gone to sleep without knowing. Finally I closed the shutter and started to dress again. While I was dressing the light in my room went out "That has happened before, so I just waited till it came on again and thought nothing of it. As soon as 1 got my coat on I came out into the corridor and hurried along it and Into the north corridor and saw Marcel.

You and the priest weren't there any more. Marcel told me what had happened, and then you came." "You met no' one in the corridors?" "No," she said promptly. "No one." I couldn't say; But I saw you looking from a third-floor window and you looked white and terrible. I couldn't say: Why was your story about the key so strangely apt? 1 couldn't say: Why did you replace the dagger? 1 couldn't say: Why. oh, why didn't you tell me the truth about the time when you left my room? fCopyriOht JSii, illgnon G.

Eberhait) The terrible tangle takes a new form, tomorrow. it turned out to be more important than any I ever played. On account of it, I 'got Raft's role." Thirteen years ago, when he went on the stage, La Rue's first role was in Otis Skinner's "Blood and Sand" road company. Later it became one of Valentino's greatest pictures. La Jtue's ambition is to play in a talking version of "Blood and Sand." "They tell me no' one has dared to 'follow' Valentino in a part," he says, "but I'd dare to do it.

I've asked about it around here, but nothing definite has been said yet." From School to Skinner La Rue is a tall, slender Italian born in New York, who went from high school to Skinner's company without the usual disappointments they came later. As soon as he is earning a little more money, he's going to bring his mother and his two younger sisters to live with him. "Mom's a great cook that's one reason I want her- Entered at iioona Hembu ot the Aiiociated Preaa The Associated Prese is exclo-lively entitled to the use i tcr republication of all news alWMhe Credited to It or not otherw ie credited tn this paper and so the local news published therein. Ail righta-of republication of special dispatches herein are alao reserved. Sole National Advertising Representative: The Beckwith Special ARency.

trtc. New York Philadelphia Chfcago-St. rtr-l trolt Kansas City-Atlanta San Francisco. Member ot the. Pennsylvania Newspaper Publishers' Association OUR NATIONAL DEFENSE No one has advocated more con sistently 'a balanced budget than this newspaper, and it is extremely gratifying to hear Senator Robinson promise the members of the Associated Press at their annual luncheon that there are economies in sight of $1,000,000,000 a year.

In this program, however, there is one phase that we do not understand, and that is, the drive on our national defense. In the past ten years when practically all other departments of the government were being built up and enlarged the Navy, and especially the Army, were taking substantial cuts. In other words, they are now already down far below a factor of safety. At the time these reductions were made, among the most prominent reasons given was the fact that America should set an example of disarmament, the impression given our people being that this would influence and crystallize into a general disarmament policy throughout the world. We had no sound reason to believe that this would be true, but in the spirit of idealism and great American optimism we scrapped important units in the Navy and reduced the Regular Army and the training of other components.

What did it accomplish? Did other countries follow in the same spirit? Not at all. Our negotiations and treaties with other nations about disarmament were far more successful when we were in a strong relative position. Several first-class wars are in progress now, and never in -the history of Europe were there as many well-equipped armies as now, so in reality our example meant nothing. In spite of all this past experience further drastic reductions are proposed against the Army. It is suggested that 4,000 officers, or one in every four, be dropped, and from 10,000 to 25,000 enlisted men.

Why should any enlisted men be discharged and thrown into the pool of unemployed, thus aggravating the very situation which the government at the same time is endeavoring frantically to relieve by recruiting a conservation corps at a greater cost than to maintain the same number in the Army? As to the officers, many of those who would be relieved from active duty would be eligible for retirement, a large percentage of the cost of which would continue. Then the work that these officers are doing now. and are capable of doing if given the -aioignment such as with the conservation corps, wouid lelieve1 the government of having to hire others, and here again in many cases at higher cost. In other words, what is the advantage of a balanced budget if from other funds the government is going to spend as much if not more? This is oWy the financial angle. Besides how about the "wrecking of an already battered program of national defense? We hope the loud.cry for political jobs will not be allowed to scuttle either the Navy or the Army, which have no opportunity to ballyhoo their cause but are attacked from all angles by well-meaning and sincerely honest but often poorly-informed groups right down to the radical who lives only by being a.

professional troublemaker. Screen Life In Hollywood By HUBBARD KEAV7 HOLLYWOOD A director defied tradition and Jack La Rue became a potential screen celebrity. The public's reaction to the La Rue performance in "The Story of Temple Drake" will have much to do with his future. He hr.s ft 1' likely to remain fixed. But railroad rates, which were in fact increased during the depression, may be cut.

Profits, however, are maintained or increased because of a greater volume of business. "If inflation goes to great extremes," Professor George F. Warren of Cornell university says, "as it did in Germany, it has devastating effects. If it goes no further than in the United States (during the war) and England, the injuries he and big, slow moving Park Trammell of Florida contributed a lot to the volume of criticism of the senate and its ways. "I have heard senators talk an hour or two about a bill and from what they Said we would be more confused when they finished than when they began," Trammell observed.

"Does the senator think he is raising our batting average (with the country) any by his estimate of the deliberations of the senate?" Connally inquired. Senators' Field Day There was a very slim attendance in the senate. It was a Saturday afternoon with the farm bill up and, no prospect whatever of any important action, so the few senators present made a field day Of it An attempt to get forward by taking up out of order a few minor amendments was made by Senator Smith of South Carolina, in charge of the bill; but it produced only another lively tilt, this time between Connally and Smith. The cause was Smith's sponsor1 ing by request a proposal to exempt state food purchases for prisons hospitals from the proceeding tax plan of the bill. Connally was among those in strong opposition and when the dust settled, Smith remarked that he al ways "got the dickens" when at tempting a kindly act.

A new senator had suggested the exemption to him, he said, and to show appreciation he had withheld the senator's name and "assumed all the violent wrath poured on my devoted head." And Connally Said "I thing the senator misunderstood the spot where the wrath was poured," Connally remarked. "Anyhow, it was wrath," Smith replied. "It was not poured on the senator's head," Connally insisted. "Well, that would have been the most vulnerable spot," Smith replied and then the senate adjourned over the week-end. While aboard kane's craft- DOWT YOU I SWEPT '-rt i nxv rr Yrt BLAST HIS IMPERVIUM -THE Every one must go, all sizes, shapes and patterns, metal and pottery bases, silk and parchment shades.

Formerly priced up to $2.50. IPenn Central A'o Other Dollar Buys As Much Is the Dollar You Spend for Public Utility Service. Barret and Frank Ellis. I '-sm I THIS A DIACTV-USTESJ- 1 NO EK ETTIMS I I h'M-THE GIKLVMHO SfJ kilD "lOONT-nzusTRAwoAs soMBVHeize was with jim hunt ujijffa Ji nf zao'-'g -t ut this l-ost By Monte KILLER KAWE then MIW PROM TBM TO KTERki WITH. and to vm i -rue euiDfe- Oi ui-r ra THE RtSK OWH THINS A PISINT6GRATOR BEFORE I By Phil JrZ 3 iffiJfE WSl Wk JZn UP FFT A MESSAGE Nowlan and Dick Calkins I'll RAM im OH, KILLER! -YOU DO NT ifvmu wUAT Vnil'BE blazes wrm I'LLEND IT LET HIM HOUND.

YOU Rockets- hes womt oisinte6rate- now what are WE THROUSH A IDO'lie fTlLLTUEB.WHATS VOUSOiMG- 1MB WHI leu itl h-im DISINTEGRATOR? OB DlDtfT YOU MIT Him? -you DUM3 i CLUCK: THAT OF KILLER KANE RUSHED HEADLONG THROUGH SPACE AT EACH cm-SR, kane hurled a disintegrator bolt at os-there was a cUNDlMd FLASH IN OUR VIEWPlATE AKI0 THEN- BET HE FLASHED! A DISINTESRATO On US HE COULDMT HURT OUR SHIP-BECAUSE THE HULL IS Or IMPBRVtUM -BUT- BUT THERE'S ILL AM A REPOttTiMfi COPY WOHT JOHN r. DIU.C CO. IWO.U..rT.WF. '1.