Sterling Daily Gazette from Sterling, Illinois on October 17, 1941 · Page 9
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Sterling Daily Gazette from Sterling, Illinois · Page 9

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Sterling, Illinois
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Friday, October 17, 1941
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Page 9
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STERLING DAILY.GAZETTE, STERLING-, ILLINOIS Page Nine Bibson Advises Complainants to Overcome Obstacles Instead of Fretting About Them YORK a-» ~"?° TTi "'!> SHE Hhfnp s!or)f<i vhfKe boo* vnliir i* Jr« irhan nirrrnf r»rire<:. hut will RIVP you 'this tin: Amcme such Tii! b r frr.mfi • thr «tork of rrrtftin ftu;om | 'ibi>. to- I ba<TO. «oft 1. Prrfrr com r* :-:"• ^ or rmbarra*«i:ie p'f™' 2 Prpffr ccirnpT. ;*•< •» resource-;, rral IV--.T" ahlp pquitip' 3. Prefrr com;var..•••- "* difficult to d'in!:>--v 4 Prefer com:»a- :,*•*• ' to ronMimPV x i\nr. *~ business 5. Prpfrr romi*:--"- " " arp sellinu for no'. :r. *\ book value. 6 Prpfrr com;^:..'< •* factory earning* rrrr?~ 7 BP SHIP tlia: rt.:»-T>r« and official? art men ^' '•-•"• character, round JudRineni »-.->. » personal financial interest in •:•.* company. Mortrnthnn's Th«»rie* cr rr.arkrt- •i cat*>r rrpeat' of their satis- 'rnt mrfiic.inr cnmpnnip*' O •hat havr spent larsrp varm me up trariPnamP'- vr-rv r>f ! by having ft low book \?.!•;« not npfp^ariiv a criucism Peru Voicts 'Concern' Over American Seiiure Of Plane Consignment WASHINGTON — 'AP> — Thr crm^TH t(;r •<":?: Prr-: Grim Gome: No Gambling Allowed Th? ytJff dPrnrtm^rsf over - s' Nf>-v Ymk of Jl.234.Wif) ri r -'ifTi > r . Thi<; i<of 'hp? r C'onrin^inn column apjte.ir 1 ; in npaih 4W ( with a circulation of «^vpral million rratlf-rs. Yet. I rerel\e vprf lpw complaints ftlw.it what 1 say. bin I am burdpnpd with romp!air:s about the ROvernmpnt, alxjiU taxr^ about Wall st-rrpt. about big bimncs' and <mall business. Thp American people have a romplrx on complaints. Too many are fearful for security. Income. job«;, polctic*. war. ptc. Y*t the fun of life is in the striving; not in the arriving. Thprp- fore. the mpss«(tP this week Is not concerning Mr. MorRcnthau's 6 per ; ? ~r<; ruTrP originally pur- i rorr, AmTi'-nn factor)". 1 bv j * • *•> T-^ M> * tM * /S f It wa.«. ir.diratod at thp Mxte df - • p<«rtrr.pnt that thr pmba.«A\'.«. action j was no 1 a formal protest, and anj rmbxsv> ipofcp^man said it would br ! more correct to say merely that thf : Prn:v:an government had expre.v-e ror.rprn o\rr the .seizure. Se-cTPta/y of War Stinu-on told ft! prr.v ;onfprence thp plan?.*, ftflc! lyrn ' t-flkr:'. o\er 'in accordance with our rxunt.e riffpasp program." Th.p war 5-ecrrtary dpclinpd to say nhPther tlierr was any intent to af- frrt Tr.e boundary dispute between Peni and Ecuador. Most readers know -.hat the mar-jcfnt tirade;—but rather I am using] ket had quite n hr*-»k following the, this as an illustration of the mes-i recent statement ol Secretary Mor- ^^ -j f j, us overcome our obstacles' genthau regarding taking away all instead of fretting about them." earnings of 6 per cent. « per cent a company in excess of If he wmild truaramee to all^ legitimate companies, or even guarantee the continuance of what th*y are earning up to 6 per cent, this would be something to discuss. To say. however, that a businessman should take all losses on existine and new enterprises and then have the profits on the one that does make good limited to 6 per rent on the capital Invested Is. of course, fundamentally unsound. This was the argument first used by the Russian radicals In bringing about communism and later by Hitler and his crowd In bringing about naziism. I do not for a minute fear that congress will adopt any such crazy legislation. It would be much harder on small businesses lhan on large businesses and be the end of new enterprises. This. I have already stated through these columns. It, however, should be recognized that the treasury department is thinking along these lines. The Good Book says, "as a man thinketh In his heart no is'he." This means that it is not what we accomplish so much as it is what we think. It is much better to think good thoughts and fall temporarily than to think wrongly and temporarily succeed. Hence, this- week's message. ' la»e«>et» CM stay Inmranee Investors who .have their money tn companies which are seeing their employes ruthlessly "organized" by the CIO come to me in great distress. They attempt to show me that after companies are organized by labor leaders into closed shops they never again earn what they did when there, was free bargaining between the employer and the wage workers. They also insist that it is not primarily a question of wage raises, but rather of discipline and efficiency. They claim that under a dosed shop the labor leaden really rule and the efficiency greatly declines. I tell the** Investors to quit their worry, give up struggling against the inevitable and gradually shift their holdings into something which will profit by this labor union move. For instance, when wages are advancing and working hours reduced, wage ~w«rfiuI^amlUes spend much more m the local stores. Hence. I advise selling the stock in the XYZ Manufacturing company and buying the stock in the leading grocery store .corporation which is feeding the neighborhood of the XYZ Manufacturing company. Also acme shares In the leading department stores of that community may be a purchase. Investors who have taken such advice have come out satisfactorily. Statyiag Beefc Vataea Cannot the same principle be used in connection with Mr. Morgenthau's threat ef allowing only 8 per cent on P. S — One good piece bt comes to my desk as I am dictatinc thLs column There will be lots of turkeys for the holiday. Over 35.000.000 birds have been raised this year, beating the world's record, with an average weight of one-half pound more than a year ago. Therefore, we can all have a happy Thanksgiving. Latin Countries to Get $150,000,000 U.S. Aid Under Lease-Lend Bill WASHINGTON — <AP>— Latin- Amerlcmn nations win Ret approximately 1150,000.000 in aid for the construction of defense haws and other military purposes, authorita- quarters said yesterday. If con- Pepper Calls on U. S* To Knock Out Japan, Gird to Fight Hitler WASHINGTON — <AP» — Senator Pepper (D-Fla> counselled the United states yesterday to prepare for -certain" conHlct with Hitler by •immobilizing" Japan and by sweeping the seas dear of th* Japanese. German. Italian and French fleets. "It Is Just as certain that we arc ROUIR to have to fight Hitler as it is that the United States and Great Britain are going to continue to exist." Pepper told newsmen. "We and Hitler are going to be the eventual ones between whom the struggle' will be decided." The Florida senator, a member of the foreign relations committee and a vehement advocate of more active lend bill. Admiral Harold R. Stark, chief of naval operation.-;, was said to have mentioned the program when ho outlined plans for strengthening hemisphere defense* during his testimony Wednesday at a closed session of the senate appropriations subcommittee which is considering the legislation. —The-admiral- was described as looking upon the expenditures as cheap insurance against possible nasl inroads in the southern part of this hemisphere. Although committee members said details ot army and navy plans for Joint defense of the American continents were not divulged, there were indications that military authorities were negotiating for the establishment of naval and air bases by other hemisphere nations with the understanding that this country'* forces could utilize the facilities in case of need. ftld to was awaiting the outcome of the Russo-Germfin war before taking new military steps. "If Hitler should destroy Russia, he said. "It follows as night after day that the Japanese will strike with further aggression, A long time ago we should have used our naval and air forces, plus relentless economic pressure, at points where that would <k> tn* most good. "It is not yet too late to draw a line and tell Japan if it is crossed we will shoot." * Pepper was the second member of tlie senate this week to talk of hostilities with Japan. Only Tuesday Senator Norrls (Ind-Neb* said that a German triumph in Russia might touch off war between the United States and Japan in the Pacific. Morris added he was not book values? Par instance, I understand that the bojok value of Standard Oil of Ohio is around $65 a share, white this stock is selling at only about 40. If the government should allow • per cent on this SC5 before any radical excess profit taxes, then certainly the investor has nothing to fear from a • per cent easting. Other reported illustrations are American Woolen preferred with a book value of over MM selling at about 74. and Mack Truck with a book value of over Hi sattinc at around 30. I am not ncosspHndlnC' theee stocks, but I •» InsJet that if you hold these and stock*, Mr worry you. Jewelry Plants Seek To Prevent Shutdown WASHINGTON— (AP) — Spokesmen for the Jewelry industry in Massachusetts and Rhode Island have appealed to federal officials In 'release of enough metals to prevent a shutdown of their plants employing 33.500 workers. , The delegation presented their case to Vice President Wallace, chairman of the supply priorities and allocations board; Donald M. Nelson, executive director of SPAB. and Floyd B. Odium, director of the contracts distribution division of the office of production management. Edward O. Otis, secretary of the New England silversmiths and jewelers conference, estimated the industry as a whole in the States wottfd n»frt •***"* United of copper and 1,409 tons of zinc to maintain operations during 1942. Robber Convicts Self On Opening His Mouth TUL8A, OKI*. — (AP)-This fellow got in trouble because he kept his mouth shut. . Policeman Jimmy Jackson, suspicious of a tight Uppsd robbery suspect who kept answering questions "Hmm-mm" and "Mm-hmm," ordered: "Open up!" Under the man's tongue he found a |l Mty, The rect of the money ' ' ; J. A. UartOB-*lx cenu- CfT IT EARLY INCU0DK8 PtlSTOHI • ZMIX • NORWAY * TtiK • ZIRONI • NO-ICI FIVE STAR • FRIGJDZON! . ALCOHOL <IM cW») i* 2 f«i •MtUAL HUCX.OIf I GAL. U>ff PO» V fMJB 1VOCK IS LABCE, BUY M CMMNC PAST. Tktttot JwkistiOil Co. M> sure that it thing for us." "would be a bad Gas Gusher Saves Small Baptist Church CAMERON HILLJS, N. T. — (AP) — A tiny Baptist congregation breathed thankful prayers today because Its house of worship has been saved—by a backyard gas gusher. F""» Tagging, t h f Uon slom-ly giving way. only 10 members remained on rolls which once listed 300 and even occasional services had been discontinued when the well popped. It assures the church an income of at least 110 daily for six months, perhaps longer The congregation's next plan: A real Thanksgiving service in November. - • Sixty to Take Training For Prison Guard Jobs SPRINGFIELD, ILL. — (AP) Sixty caraUttiTK for appolntmcn as prison^ guards will enroll Monday Oct. 20. in a training school at the Joliet branch of the state penitentiary. Public Safety Director T. P Sullivan said the candidates would be required to take a civil service examination before they would receive permanent appointments. He said the civil service eligible list for guards was exhausted severer months ago. Prison Warden Uses Tuning Forks to Foil Cutting ol Ceil Bars .TOLIFrr. ILL. (API — n -tuning fork tests" B* a if prrvPnting p*c«p«"v from State- iV.p p*ni»pn'.i»ry, had thrp* llff- prm convict* in solitary confinement yesterday and raid a veteran i danger for In another rellhwwe would be j nent." permitted to resign. Stubb>fleld. newly appointed warden, has had a "sliaXPdown" squad of sniards warchlng all cellx ami .estlnjr bars. Yesterday they found » sink was loos* In a c*ll on the :hlrd tier of circular cellhouse "D." Two of three layers of bricks had been removed from behind the sink, apparently over a course of several <day*. Sent to solitary confinement What looks like a combination of roulette and shuffleboard is actually New York's new air-defense information center, called the best equipped in the world. Minutc-by-minute reports from 6000 Held observers will enable "croupiers" to mark with "pips" important points whera bombers arc sighted. New "nerve center" is Army and Navy air arms' answer to what officers call it-can't- happcn-heresy. State Soybean Harvest Put at 54,112,000 Bu. SPRINGFIELD. ILL — (AP) — The government crop statistical of; flee estimated this week,'.that the Illinois soybean production tills fall will total M.112.000 bushels, the highest state yield on record. Average corn yield per acre was estimated by A. J. Surratt, state and federal agricultural statistician, at 52 bushels an acre—higher than any other state in the nation. Surratt in his monthly crop forecast based his estimate* on Oct. 1 reports' from all sections of the state. The soybean crop, moat of which is made, is expected to avccage 23.5 bushels an acre, compared with 173 bushels last year. The previous state soybean record was 46J30.000 bushels in 1939. Surratt estimated that the Illinois crop ik nearly half of P. 8. production The 52-bushel average predicted for corn equals the previous record of 1999 and comperes with the 10-year average (1930-39) of MJ bushels an acre. Sec Hull Denies U. S. Intervened in Panama WASHINGTON — <AP)-Secretary of State Hull assailed yesterday as -unfair tactics" what he charact- erised as attempts to "make political capital out of the recent events HrPantmr "Lest any individual be missed by such unfair tactics,-" the secretary said in a formal statement, "I state clearly and categorically for the record that the United States government has had. no connection, direct or indirect, 'with the recent governmental changes in the repuktie of Panama." • Hull wat: moved to issue his statement by charge* in some F.. M. Stubblf fteld. * *tr0n? believer of the w«rk!'« dwnoers- the jttrateelc hnpor- tarice of MMScMen* bay. which Is being enlarged and Improved 35 a Mexican naval ba*?. DiM declared fifth column elements should not, be. permitted to jrain a foothold on the IJO*T?T California peninsula. "The colonization of L.iwer California bv thf 8inarqulM»s would Mjrnlfy a grave danger for the roun- try." he awe.rted. "It ^oulrt Mgnify thf establishment of a SmRrrjMi.s'ns rrpnbltr which tcnulrt hr a rrntfr of nari-fa.«rl«t propaganda arrl a era 1 , e Mtxico and th" cor.'. i- Sideline Liquor Lew Enacted by Chicago Held Void by Barrett the three Cook county convicts who occupied the cell—George Pucci. 21. Louts Tipesal, 32, and Walter Boreman, 31. Had they been able to get through the last layer of bricks and scale down ouUlde barn to the ground 35 feet below, the men would still have been within the 33 foot Statevllle walls. Stubblefield said Marsh MUU of Oallatln county, a guard since 1B3*. would be replaced. He wax In charge of another cellhouse where four men recently sawed through bars and got Into the open air but couldn't get over the outside wall. The warden, who wasn't In charge of State- vllle then, said that frequent "tuning fork" tests there would have shown thnt bars hid been tampered with. In the regulation test, each aec- tlon of «ach bar is struck with a, mpial Instrument, just like a tuning fork. If It doesn't ring true, the guards hunt for concealed saw marks. SPRINGFIELD. ILL.-• AP 1 -Attorney General George F. Barrett drafted. l«f«ll? to tcGosspttSn tb» original rnirpb**—banfrtnf WFXOf sales In such f«t*WlAhm*ntt ta fro- ci»ri**, drag «nd dermrtment .*t*reJL Barrett held that an »sirtm<dm*T!t to the state lar. sporuwred at tht last s*5A'.on of the tegt*l»ture by Rep. K A. Greene m-Chicsfo). Unfitted the ;w*;er of miinicipalltiw! to prohibit WuancT of ItQ'Vior TkeTwr.5. In The opinion, the sttorn»*y genert! .--aid that 'I fin', further of the opinion that 1h* fvil -wlthfd to b*. c**- rcrted by this ordinsnr** in <i'i«- tion may b? reached by »r»o*n»r m r thod " ' Irt^'ead nf prohibiting the i.'.'ii- anr" of _ retail liquor iicerues in premises'wherein any commoditie 1 ? other than fsicohoiic liquors are to be .'old. a valid ordinance mitjht be nawed prohibitlnR the sale of alcoholic liquors. :n premi r cs tvhero nnv commodities' other than alcoholic liquors are to be wld," the opinion added The rPRuIatioa restricting sale o! liquor would b? valid, Barrett cdn- tended. «lnce it nffected operation of the premises, instead of prohib- itm? i5.«.\innre of license.". made public yesterday nn opinion holding invalid the Chicago '.Mde- Ine" ordinance which sought to prohibit issuance of liquor licenses for premises where commoditie.s other Jinn liquor are sold. The opinion, asked by thr state liquor control commission, held that the ordinance, which was to become ers that the United States engineer ed the sudden removal of Amulfo Arias from the presidency- oLPana ma. Earlier in the day Senator Ship stead (R-Mlnn) accused officials of this c»untry of engineering the presidential, turnover and stid that he feared this would "arouse suspicious ot all South American republics." Green to Watch Husking CHICAGO — (AP) - Dwlght H. Green will national corn husking - Governor attend the context at Tonlca Nov. 3, Its sponsors announced, s ' Mexican House Opposes Pro-Nazi Colonization Of Lower California MEXICO CITY — (AP)—Prop«ed colonization of Lower California by 100.000 Sinarquista* was uppoacd by the chamber of deputtoa alter a heated debate during which the semi-military orfAnixaUon was chanctcTtaed as-"a aMck brlt»de prepared by naai «icats: n By acclamation. th« chamber approved a resolution askln« President Manuel A\1la Camicho to reconsider and withdraw his approval of the colooiiation plan on the ground that if carried out. Lower California would become a potential baw for naxi activities and a grave danger to western hemisphere security. Deputy Alfredo Ffelix Dias, who sponsored the resolution, declared bluntly that the SinarquUUs constituted an axis-sponsored fifth column which "obeya a prvmeditated plan of eapionace prepared by tht agents ot HiUtr and to the enemy effective after with a recent Oct. 31. conflicted amendment to the Quebec ranks second among the provinces in mineral production in Canada. IS YOUR CHILD A NOSE PIGKEI? Mflrtnt tfii «t»r jlfw lath ti fer t pjt»in«. milni ilm »tj nnn thiH !•»> munl-oiTHi : If jura *rrn TTK'I Vrmlhtt* rt kft»i«u state liquor control law, but suggested that another ordinance miRht be ! Itwt ii «« mrdinr.t : : i . t*< J HT|-«'I - JATNE I 051 Cash—For Your Fall Needs! Be wis«, save on your personal and family purchases by taking advantage of the special bargains offered this weekend. Borrow from us to save. * If you need extra money to buy clothing, home furnishings, coal or any other needs, see us now about • loan. We can advance you the ready cash and you can repay it in convenient monthly instalments. A lot of our borrowers arc consolidating *U outstanding debt* and reducing their monthly expenses by ualnc our repayment plan. Let us •how you how this can be done. See us this week. You'll Uka our friendly service. Private consultation rooms. OUE PLEDGE "Things look different, sound different and are judged fairer when men meet, face to face. Quite often this necessitates considerable expense tn both timt and money. W» have placed at your disposal sen-ice of a trained personnel, and women who have made a study of financing of the American Family and who stand ready to serve you. Our employes are authorised by us to assure every custosner ot this company that no man will lose his security regardlm.o* bow long it takes to complete hie tract, when inability to sickness or injury and effort is made to live up to tht terms of the contract, 1 * Northern Illinois Finance Corporation (UCKFOBD BtDG.) /T> 1 ^ •• -'I/' SKiSAS em, eicu IIUKI SeeTtM Skdfas Modek Now On Our Fluor MlifLCISIIE TIME ••ve •« leeel I Wlta reel. a«Urel III CIS! • flBFSr WP. pBsp-.-=^s^Bp^P|^jp^ ^^~ "^^^^ til I. THIsi* ftY. IIS H0¥m» ¥*•.¥•-.*«»•»•inytaPtY" P*+U« H«W tmfttftt It Will OUMASf Me Ml -priced In popular com* and tnwt of »U to arts** tfc*t to UstMMM Vakw-ln- •Y ffiftiffy iniltiriali • • • typ* «f jajhit wkkfc bold* all MW and to tit* »lr... and that M daar-cut ftndmtsip in p«r- awrroltt priced «•»• ae» ae* "l««««r llee" ftyHaf. W VfPWP «pi«""» • i i • -"—— — UADWCtfY Sterling, HL m. HariMMi, HL

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