Oragon Historical 3oelaty
Public Audltorlui
POUlLAtlD i, QRSGQ".
THE BEND BULLETIN
Stafe Forecast
Oregon Generally cloudy
today with intermittent rain.
Cloudy with scattered show
en Friday. Cooler both dayi
with high 62-72. Low to
night 45-55.
LEASED WIRE WORLD
NEWS COVERAGE
CENTRAL OREGON'S DAILY NEWSPAPER
33rd Year
.TWO SECTIONS
BEND, DESCHUTES COUNTY, OREGON, THURSDAY, SEPTEMBER 1,5, 1949
No. 239
tribe Possibilities locirease
Steel, Coal
f.r
Qirard Davidson
Will Be Speaker
At Bend Session
C. (iiranl Davidson, iimkIhIiuiI secretary of the interior,
will be a speaker lit tin- quarterly ineeliiiK "f the l.ank Walton
league, Oregon diviHion, that in to open in Hend tomorrow and
hint through Saturday, it wan announced today. Davidson
will apeak before the Oregon Waltoniana Saturday niornintf,
with "CIVA and ("oiiHorvution" im liis topic. All meetings will
be held at the Pilot Butte inn. and a social hour and buffet
"" linn lienn will be held Friday
1 I k i U-veniiiK.
Annual meeting
Slated Tonight
For. Scout Chiefs
James K. Ilockluit, (li'ld com
mlssloncr (or explorer scouting
iirnl a 27-ypr veterun In thp scout
Inn program, will award five year
veteran cerlllrulcs lo seven Fro
muni scooters nt tonight's an
nual meeting 'of the district In
Hend.
Mis. Luetic 'Pucker, cub scout
den mother; Joe Slide, former
training chairman nnil scoulmast
er: Millard F. Hevans. scout com
missioner; l-co Bishop, scoutmast
er of troop 2fi, uml George Fulton,
scout cunimlNHloner, till of llenil:
Itotx-rt K. Ciii'KO. scout commis
sioner from Win in Springs, uml
W. M. Romlne, scout circus cum
mil tec chairman of Piiiievlllo,
Imvp tieen active In grouting for
flvp yenri or more, nnil will re
ceive the ciiveted fivc year veler
nn'i recognition.
Ranqnel Planned
'Hie nnmtul meeting begins with
a lmnuet nerved by the women
of I lie Flint Methodist church at
7"p.m: "Morp"thon too urmrters
from the three-county district are
cxiectiM to nttend. I'llghlightlng
the prog in in will be a tiilK by
Dr. F. Cecil Adams, Kliimnth
Falls, president of the seven coun
ty Modoc in c council. Or. Adams
will speuk on the forthcoming
national scout jnmhorcc to bp held
nt Valley Forge, I'a., In June and
Julv of IM.
lttfv. Allan U. I'hllp will lead thp
Hcouters In singing scout sours,
prior to thp opening of the an
nual business, meeting. lr, John
K. Dorsch, district chairman, will
hp In charge of the business ses
sion which will hp highlighted by
the elpctlon of district officers
for 1949-50, and the appointment
of commlttep heads by the Incom
ing chairman.
KolH'rt II Ijimolt. scout pxecu
live from Klamath Kails will ac
company President Adams, and
will make a special presentation
at this session.
Anti-Trust Suit
Aimed at A.&P.
Washington. Sept. 13 mi At
torney general J. Howard Mc
Groth today announced that the
government has filed a civil anti
trust suit to break thp Atlantic
and Pacific food chain stores Into
seven retail food ohnlns.
McCirnth, In his first anti-trust
action since taking office, said
the suit was filed In federal court
In New York City against the
New York Great Atlantic and Pa
cific Tea Co., Inc., of New York,
and its nine subsidiaries, nnd the
two owners of the business.
The suit seeks to eliminate
practices which were found Ille
gal In September 194G, when A&P
was convicted In a criminal anti
trust case at Danville, III.
The suit also would require the
New York A&P Co., the parent
firm, to separate Its manufactur
ing and processing business from
Its buying and selling business
nnd the dissolution of the Atlantic
Commission Co., A&P's wholesale
purchasing nnd sales ugpnt.
The suit, by asking that A&P
sell at least six or lis seven retail
divisions, would reducp the par
ent compuny from ownership of
0,000 stores around the country
In nround MOD.
The suit described A&P as the
nation's "largest enterprise in the
fond Industry" nnd accused It of
obtaining "systematic dlscrimina
tory price preferences" over its
retail competitors.
KUSKIAN PLAN FAILS
Lake Success, N.Y., Sept. 15 tun
The United Nations security coun-
c II today voted ngninst recom
mending five Russian-sponsored
nations for membership In the
world organization.
Delegates from Oregon'M 17
chapters will attend the con
vention. Some delegate
reached Hend today. The
Bend chapter will be host or
ganization. Dr. J. Alfred Hall. Portland, ill
rector of the Pacific northwest
forest and range experiment sta
tion, will be the guest speaker at
the annual banquet Saturday
night, in 0:30. with Robert W.
Sawyer, Ueml. as master of cere
monies. John ;. Scharff. Burns,
superintendent of the Malheur
game refuge, will present an Illus
trated lecture, dealing with the
big refuge.
IMrertnrK to Meet
A meeting of the board of di
rectors of the state division will
bo held this evening, at the Pilot
Uuttellin.
Registration of delegates will
start Friday at H:.M0. In the mnln
lobby of the hotel, and the open
ing session will be railed to or
der ut 10 u in., by A I Grlbhle. Sll
verlon, state president. Delegates
will bp welcomed by Mayor T. D.
Sexton, with Scott McKay, state
director from Wuldport. making
the rcsiHinse.
MIc MK'ullnugh, Hums, statp
vice-president, will preside at the
Friday afternoon conference,
when topics ranging from "Ore
gon's Antelope" to "Ijntd Man
agement" will be discussed. Tak
ing part In the talks will lie Elmo
(j. Adams, superintendent of the
Hart mountain refuge; John Eb
Inger, national director, from
Klamath Kails; Mert Kolls. mem
ber of the national executive
board, Kugene; Dr. II. M. liond.
biologist for the soil conservation
service. Portland, and M. I.. My
rick, president of the host chap
ter. The Prlnevllle chapter will be
host at a "mix and mingle"
party Krlday evening, prior to
the tiuffet supper.
Forum Scheduled
On Krldny evening. Ken Den
man, Medford. state vice presi
dent, will preside at a national
officers' forum.
Joe Penfold. Denver, Colo.,
western representative, will be
here for the convention.
Saturday sessions will start at
9 a.m., with state committee re
ports, one of which will deal with
migratory and upland fowl. This
report will bo made by Glenn
Mitchell, forest service officer
from Portland. Dr. Dave Charl
ton, Portland chemist, will s)eak
on "Stream Pollution", and dams
and water diversion will be dis
cussed by Merle Urlf fin.
Speakers Saturday will include
Phil Schneider, of the Oregon
state game department; Albert
wiesendanger, executive secre
tary of the Keep Oregon Green
association, nnd Stuart J. Couper,
representing the Oregon game
commission.
One of the hlchllclits of the
business session late Saturday
win oe tne election of officers.
Blast Wrecks
Power Plant
Rushvlllc, Ind.. Sent. 15 nit A
dlesel engine blew up In a $1,000,
000 power generating plant today,
wrecKing tne Dunning.
One was wos killed, onother
was missing and three other em
ployes escaped with their lives,
state police said.
The blast blew the roof off a
big brick building ond piled a
heap of rubble Inside, At first,
authorities believed many per
sons were trapped in the wreck
age. Police said an engine In the east
end of the turbine building, which
generates electricity for 11 Indi
ana counties, developed a hot
piston. Before workmen could
stop the engine, It exploded.
The explosion occurred at the
plant of the Southeastern Indiana
Power Co., which serves small
towns and rural areas only.
Police said that John Wood, 33,
Rushvlllc, was known to bp dead,
and EllMM't Cross, 34. Rushvllle,
was missing.
U. S. Promises
Concessions
To All Nations
lly I.yle Wilson
I Untied I'rvM Stall OrreslMmdeMI
Washington, Kept. 15 HI'i -The
United Stales today promised all
Marshall plan nations the same
trade concessions granted lo
Great Britain this week.
Chief among these concessions
was relaxation of restrictions on
where Marshall plan dollars may
be spent. The British, running
out of dollars and threatened
with economic collapse, particu
larly wanted 'i mission lo buy
wheat In Canada and pay fur It
with U.S. rec-overy funds. The
argument was that by tunneling
such funds lo Canada, which also
is low on dollars, the Iradc-sliinu-lallng
effect of American cur
rency could be pyramided.
Extension of this and other fa
vors granted Britain, to all coun
tries getting help from the
economic cooperation administra
tion, was announced after an eco
nomic conference precpdlng a
strategy meeting of the big three
foreign ministers.
Plan Mutual Defense
- Thp foreign ministers ore meet
ing In advance of Saturday's At
lantic part conference to plan the
mutual defense of western de
mocracy. Present at the economic con
ference were Secretary of state
Dean Acheson. French Korelgn
minister Robert Schuman. Secre
tary of treasury John W. Snyder.
Krench Klnance minister Maurice
Petsche, Krench ambassador Hen
ri Bonnet. Marshall plan admin
istrator Paul G. Huffman uml
Korelgn aid ambassador W. Av-
erell Harrlman.
After this mpptlng. Schuman
conferred with Acheson for 'JO
minutes on subjects earmarked
for the big three talks. Schuman
for the first time is joining the
secret cold war strategy talks
which have been under wav be
tween British Foreign secretory
Ernest Bevln ond Acheson.
Hevln and Acheson hove been
canvassing the world situation.
out with Schuman present, they
are expected to return to the
problem of Asia, where France
has a colonial stoke In Indo
(Continued on Pago 5)
Sherman Minton
Picked for Court
Washington, Sept. 15 mi Pres
ident Truman today reached Into
the ranks of his old-time new deal
comrades to pick Hoosier Judge
Sherman Minton for the supreme
court vacancy created by thp
death of Associate Justice Wiley
B. Rutledge.
The president told his White
House news conference that the
high court post will go to Minton.
an Indiana democrat who once
sat next to Mr. Truman In the
U. S. senate.
Minton, who has been on the
federal court of apiieals In Chi
cago since May, 1941, became a
dark horse In the supreme court
competition only yesterday, when
some highly .placed persons pass
ed the word that he was "in."
Until then, speculation had ecu
tered on Attorney general J. How
ard McGrath. who appeared to
have moved Into line for the high
court a month ago when Attor
ney general Tom Clark succeeded
the late Frank Murphy on the
supreme court.
liellglon Ignored
Mr. Truman had been expected
to give Murphy's seat to a Catho
lic, but it went to Clark, a Pres
byterian. When McGrath resigned from
the U. S. senate ond from his dem
ocratic national committee chair
maoship to become attorney gen
eral, copitol speculation was that
Mr. Truman would handle the rcr
ligloU8 angle by giving the next
supreme court vacancy to Mc
Grath. a Catholic.
But today the president crossed
up the guessers again. Hp sold
his choice was Minton, a Mason
who lists his religion as proles
tant, but claims no particular
church affiliation.
The nomination is expected to
be sent to the senate shortly, nnd
Mlnton's confirmation nppeared
certain.
The 58-year-old Minton Is mar
ried and has three children.
In his one term in the senate
from 1935 to 1941, he won a repu
tntlon as a down-the-llne battler
for President Roosevelt s new deal
program right up to and Includ
ing the late kdks court-packing"
plan.
11 , f " 1"- - I v rrMK rTr . . .V .
rl v - M ;.' .i.wttuuirl I Its a
nend's newest grade school, Kingston, located in thp wpstern part of the city at Kingston and 12th, is
rapidly taking shape, and plans call for its occupancy about December 1, when 100 first and second
grade pupils will be moved in. These pupils are now being cared for In overflow class rooms. The
building will be of pumice block construction, and the interior will be similar to the new J. Alton
Thompson grade school. Henry Nelson is the contractor.
Season Closed
At Three Lakes
In This Region
Three of Oregon's best known
trout lakes. Host, Paulina and
Sparks, and the Deschutes river
from Deschutes bridge down
stream to Crane prairie dam, In
cluiljng Crane prairie reservoir,
wen among bodies of water that
will close to angling this evening,
as the general trout season nears
Its close. Several other lakes
closed earlier in the summer.
These include Davis lake, August
29. and North and South Twin
lakes. August 15. The Rosary
lakes of northern Klamath coun
ty closed September 7.
The general trout season will
end September 30, on which date
the Deschutes river below Crane
prairie will close.
As the trout season neared an
end. local anglers today reviewed
their luck and agreed that, on the
whole, fishing conditions have im
proved. Crane prairie, which at
tracted thousands of anglers on a
single day when it was opened,
provide some of the finest fish
ing of the season. Upstream.
some big fish were token from
Davis lake.
Kast Lake Good
Fishing in East lake in 1949
was very good, anglers report, and
at the Wickiup reservoir luck of
anglers was fair. Sparks lake
provided plenty of trout, but they
were generally small. Fishing on
the Deschutes was listed as poor
through most of the season.
Despite the inroads of anglers
from all parts of the Pacific slope.
local fishermen believe that con
ditions in the mid-state country
will improve, primarily as a result
of the state game commission's
extended propagation program.
The new Wizard falls trout hatch
ery has proved highly successful
In its first year of operation. Ann.
It was revealed, in the first year,
trout at the hatchery gained an
Inch a month. Plans for expan
sion of the hatchery are now be
ing considered.
Anglers also found excellent
fishing in Isolated lakes of the
central Oregon Cascades this sea
son, but generally found the go
ing tough. Snow remained in the
mountains until late in the sea
son, and drifts blocked trails even
In parly July.
The number of anglers who
fished central Oregon waters in
the season now ending is believed
to have reached an all-time record.
Binq Crosby Stops
At Bend Golf Club
Blng Crosby, famed Hollywood
crooner nnd motion picture star,
stopped briefly in Bend yesterday.
He was accompanied by George
Coleman, also a Hollywood per
sonage. Crosby and Coleman were re
turning to Hollywood after a va
cation trip to the Jasper national
park. In the Jasper golf tourna
ment, which was won by Coleman,
with Crosby as runner-up, Crosby
met Woodv Lamb. Bend Golf
club professional. Lamb Invited
them to stop at thp Bend club on
their return to Hollywood.
Crosby and Coleman spent
about 15 minutes at the local club
yesterday afternoon.
New Kingston SchooJ Takes
ii "-f" n i n'i n rr i mi tif t'miiniiiin iiii. thi -nrir" f
Fire at Cify Dump Worsi
Of Season, Statistics Show
Bond's city dump fire in July will probably go into the rec
ord as the Deschutes national forest's largest blaze of the
1949 season, it was revealed today as Gail Baker, fire protec
tive assistant on the forest, reviewed the season, not yet offi
cially at an end. The fire danger, however, has been alleviated
by the recent rains and continued high humidity, it was point
ed out.
The city dump blackened 153 acres of new-growth timber
under protection of the forest.
Arresf of Soviet
Spies Prevented,
Ex-Agent Asserts
Washington. Sept. 15 'Ut A
former FBI agent said today that
the state department thwarted ar
rest of "several hundred" soviet
spies during the war.
The one-time G-man, Larry E.
Kerley, told a senate judiciary
sub committee that the FBI could
I not arrest a soviet agent without
"prior approval" of the state de
partment. This was true, Kerley ssaid,
whether the agent was a citizen
of this country or an alien.
Kerley, now on the editorial
staff of the New York Journal
American, said that among FBI
planned arresis blocked by the
state department was that of Ar
thur Adams, crippled head of a
soviet spy ring seeking atomic
secrets. He said the FBI wanted
to seize Adams in 1945 but the
state department said no. The de
partment wanted Adams kept in
this country, however, but the
FBI lost his trail and he got
away, Kerley said.
The senators are studying
means of keeping spies out of the
country. Kerley spent the greater
part of his time in the witness
chair reeling off names of soviet
agents who have engaged in es
pionage and other subversive ac
tivities in this country.
Walsh May Run
Against Morse
Portland, Sept. 15 ttP State
Sen. William K. Walsh, R.. Coos
Bay, today is considering whether
he should run against Sen. Wayne
Morse, R., Ore., in the 1S50 re
publican primary for a seat in the
U. S. senate.
Walsh said he has been under
"terrific pressure" to oppose
Morse, and that an adequate cam
paign fund has been assured him
by Portland sources.
He indictaed that some republi
can party members do not care
for the ultra-liberal views pre
sented by Morse. Walsh is now
serving his third term as state
senator from Coos and Curry
counties. He is a lawyer and part
owner of a Coquille radio station,
and was a former district attor
ney of Coos county.
WARNING GIVEN
Portland, Sept. 15 nn Port
land tavern owners were being
advised by their association
chiefs today not lo contribute
funds to the recall campaign
against Mayor Dorothy McCul
lough Ie. Attorneys advised
that the law forbids donations to
political campaigns by licensees
of the state liquor commission.
Shape
it 1 -a I !;.V-
4 t.usrtsu
The blaze spread from the
city dump and raced south
aifross the Century drive, be
fore it was stopped at the
Deschutes river. Second larg
est fire was in the Green butte
area, west of Lava butte. ims
spread from a pile of burning
ties, in May. .
101 Fires Reported
Up until today, a total of 101
fires had been reported, in the
Deschutes woods for the 1949
season, but the total acreage
burned over was only 200, one of
the lowest figures in years. Of
the 101 fires reported, 62 were
man caused. This figure, it was
pointed out, is a black mark
against users of the Deschutes
woods, and is an unusually high
figure for the Deschutes. I he
high percentage of man-caused
fires might be partly blamed on
the abnormally dry condition of
the woods and the great number
of vacationists, it was been point
ed out.
Comparatively few lightning
fires, a total of 39, were reported
in the 1949 season, up to mid-
September. Storms by-passed the
Deschutes through June, July
and August, with a few excep
tions. The most severe thunder
storm of the season occurred in
early September, leaving 16 fires
smouldering in snags and trees in
the Deschutes forest.
Forest protective units are still
on guard in the Deschutes coun
try, and will remain on duty until
a general ram dampens the re
gion.
Clipper Explodes
At Newport Dock
Newport, Ore.. Sept. 15 mi
The 40-foot tuna clipper Cluny of
Vancouver. B.C., blew up at a
Newport dock today, showering
flames over a nearby boat and
injuring two men.
Owner. Dave Rogei-s, who suf
fered minor injuries, said the ex
plosion apparently came from gas
In the bilges. Crewman Ian
Forbes, also of Vancouver, was
blown from the craft and burned.
The Cluny sank at the dock.
Flames spread to the nearby
35-foot Gayhall. owned by Lyle
Joy, Portland, Ore. The Gayhall
burned to the waterline, but Joy
was able to reach safety.
Rogers estimated the loss of the
Clunv at $12,000 and Jov said
damage to the Gayhall would to
tal between 56,000 and 57,000.
PLAN SPECIAL BROADCAST
A special program devoted to
the activities of the Oregon Farm
Bureau Federation and its new
office set up in Salem will be
broadcast by KBND at 6:30 Sat
urday morning, September 17, it
was announced today.
Murray, Lewis Make Threats
Of Crippling Walkout When
Employers Reject Demands
IB UnUnl t'rou.)
The nation's prospects for labor peace darkened awiftly to
day with the poMxibility of strikes in the two basic industries
of coal and steel threatening to throw almost a million work-
ers into idleness.
Thinlyveiled and bitter strike threats were Issued by two
of the nation's most powerful labor leaders, President Philip
Murray of the CIO United Steel Workers and John L. Lewis,
head of the United Mine
Workers. !ef D l
In the cool mines, it was
feared that a general strike
may already have begun, de
spite no announcement by the
union. Nevertheless, Hoft coal
operators promised a show
down fight.
In the steel skirmish, Murray
charged that U. S. Steel Corp. and
other firms "are deliberately
seeking to force a strike upon the
union and the American people."
Murray made his charge in a
telegram to Benjamin F. Fair
less. U. S. Steel president, who
had notified the uniaw yroterday
that the corporation would not ac
cept the report of President Tru
man's fact-finding board as it ap
plied to pensions.
.Miners May Not Return
Murray in reply charged U. S.
Steel with refusal to bergain on
the 10-cent hourly insurance and
pension package proposed by the
board.
If a strike is called when the
current truce ends Sept. 25, it
would idle 500.000 steel workers.
In the coal mine dispute, a
walkout would idle another 400,-
000 men.
Soft coal operators assembled
at White Sulphur Springs. W. Va..
for negotiations with Lewis, said
it wax possible that the miners,'
now Idle under the union's three-
day work week, would not return
to the pits Monday.
Lewis, who demanded that the
operators continue their pay
ments to the health and welfare
fund despite the fact the union's
contracts with them have expired,
said that failure to pay could
cause reactions deterrent to the
constructive progress of the in
dustry." Mine owners regarded tne
statement as a strike threat.
More than 87,000 workers al
ready are idle in other industries.
Of these, almost 46,000 are on
strike and 41,000 have been forced
out of work.
Summary Given
In addition, the CIO United
Electrical Workers considered
calling a strike of their 200,000
members employed by the Gen
eral Electric and Westinghouse
corporation.
Here is an industry-by-industry
breakdown of the labor situation;
Steel With only nine days left
before the strike deadline, the
USW-CIO and U. S. Steel defied
each other in their quarrel over a
presidential fact-finding board's
recommendation for insurance
and pension benefits amounting
to 10-cents-per-man-per-nour. ine
union accepted the recommenda
tion but U. S. Steel, bellwether of
the industry, turned it down.
Coal Lewis closed most soft
coal mines for a long week end
and owners feared a general
strike actually had begun.
(Continued on Page 7)
Roger Babson
Long Period of
(Note: Economist Rover W. EalMon.
who predicted the 102!) stock market
crash, sees hope of prositerlly lastinic
five or 10 more years. In the following
dispatch, Babson sees encouratciriK siitns
in current steel industry labor negotia
tions.) By Roger Babson
(Written for the United Press)
Wellesley, Mass., Sept. 15 111
If labor in general is not to ask
for fourth round wage increases
during 1949, It is the most hopeful
event thus far this year, or In fact
since 1946.
Of course a further increase in
wages may now be justified in
certain industries or localities, but
the major industries which set
the pattern should be content with
present scales.
The three things which caused
the recent depression were: (1)
Threatened higher taxes, (2) an
excess of manufactured goods,
and (3) demand for a fourth
round, meaning still higher
wages.
Inventories Consumed
President Truman removed the
first fear of higher taxes, consum
ers have gradually been using up
the excess inventories, and now
labor may eliminate the fear of
a fourth round of wage increases.
Most students of the business
7 Oil DO7U
Cancellation
Not Favored
Portland, Sept. 15 llPi Attor
ney Calvin N. Souther tor the
Maryland Casualty Co.. Balti
more, Md., today advised the
firm not to cancel the $110,000
surety bond of Multnomah coun
ty sheriff Mike Elliott.
Souther said he wrote the com
pany in response to a request
lor a report and recommenda
tion, after Oregon state treasurer
Walter J. Pearson, who arranged
the bond, had asked it be can
celled. "I have advised my client,
Maryland Casualty company, .not
to cancel the bond of Marion El
liott, sheriff of Multnomah coun
ty," Souther said. "In my opinion
we have no riglit to ask the bond
ing company to assume such re
sponsibility, because I do not be
lieve any attempt should be made
by this means to remove from
office a public official who has
been duly elected by the people.".
Up to Company
Souther said he had not talked
to Elliott or any of his advisers,
but he acted solely in his capa- .
city as an attorney for the com--pany.
His action leaves the ques-'
tion of the bond in the hands of
the Baltimore firm.
Meanwhile, State Sens. Austin
Flegel and Jack Bain, both Mult
nomah democrats, challenged El
liott to ".name names" of the two
senators who the sheriff claims
asked his office to raise a cam
paign fund on behalf of State'
treasurer Walter Pearson for
governor.
Bain also charged that the
sheriff should call for a grand
jury investigation if such over
tures were made inasmuch as
they would be in "direct violation
of the corrupt practices act."
Elliott had "no comment at
this time" to the Flegel-Bain
challenge, but said be will pub
lish other articles soon In which
he will "name names."
Picnic Planned
By Geology Club
The annual picnic of the Des
chutes Geology club will be held
Sunday, it was announced today.
A field trip to Gray's ranch is
planned, with cars to leave from
in front of the post Office at 8
o'clock Sunday morning. John
Stewart will be the leader. Ice
cream will be provided as a re
freshment. The club also has planned a
potluck dinner, to be held this eve
ning at the upper meadows of
Shevlin park. Cars will leave
from in front of the city hall,
shortly before 6 o'clock.
Now Expects
Prosperity
cycle do not object to pensions.
Unlike higher wages, they do not
immediately result in higher
prices and perhaps not at all, Like
unemployment insurance, how
ever, they tend to flatten out the
business cycle, making the booms
less reckless and the depressions
less severe.
Pensions can become a great
factor in helping the working
classes and thereby enabling them
to buy more goods In their later
years. This not only will help,
the retail trade, but also cause
retailers to buy more goods and
factories to give greater employ
ment. Pensions Favored
A fourth round of wages would
surely make the present readjust
ment more dangerous and tho
next real depression more vicious; .
but pensions are much in the
form of insurance for retailers,
manufacturers and business in
general. In a way they are large
ly a form of compulsory Insur
ance and can bo classified with
savings bank accounts and with
life Insurance. The Idea that they
are making people "soft" ia all
nonsense. Those who naturally,
(Continued on Page 9)