Capital journal. (Salem, Or.) 1919-1980, October 26, 1949, Page 12, Image 12

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    II Capital Journal, Salem, Ore., Wednesday, Oct. M, 149
HOW TO BE GOOD-NATURED
pean aream" of liberty Into the
Post Office Payroll
Highest in History
Washington, Oct. 26 U.P
Sen. Harry F. Byrd D., Va.),
rts largest payroll In history.
Byrd said the August total
epresented "an increase of 123.
100 since the war ended and
more than a quarter of a mil
lion in the decade 1939-1949."
"The Post Office department
payroll for August was running
at a rate of $123,794,000 a
pay raise Just enacted by Con
gress will increase thii rate sub
stantially." Tiny green planta called algae
grow on the fur of the sloth, a
South American animal that
lives in trees. These plantt pro
vide camouflage for the sloth.
"American nightmare."
Eisenhower said the great task
"it to promote social and econ
omic welfare without Jeopardy
to individual freedom and
right."
He said the steel and coal in
dustries were shut down in two
great strikes because "a few men
cannot see eye to eye on specific
items of employee and employer
responsibility."
Other speakers included Rep.
Franklin D. Roosevelt, Jr., D.
N.Y.
Helping Nature Naturally
Tends to Make People Nice
By LEO TURNER
New York, IU.R You can't change nature, group of nature
reporter; today that in August the
Post Office department's em
ployment total reached 926,634
changers is convinced.
These nature changers are mental health experts who try to
help people with bad natures change into good-natured people.
month," he said. "The postal
You can t interfere too mucn wnn nature s plans zor ine numan
race.
they told a conference on
mental health sponsored by the
lumbia university, warned that
public indifference to political
problems could turn the "Amer-
, f,
New Use for Old Blades Ann Allhusen demonstrates at
New York hardware how how old razor blades may be fitted
into "grasshaver" for trimming grass and weeds.
GOT FORTUNE WHILE OTHERS LOST SHIRTS
Broker Who Made $250,000
On 'Black Tuesday' Broods
By CLAIRE COX
New York, Oct. 16 (U.PJ Broker Sidney Rheinstein observed the
10th anniversary of the 1929 stock market crash Tuesday by
brooding because he can't make a fortune on the market any more.
Rheinstein, who has been a broker for 41 years, is one of those
fellows you read about in stones of the Wall Street panic of 29
He made a cool $250,000 on
"Black Tuesday," Oct. 29, while
many a millionaire was losing
everything but tils shirt.
The anniversary of the hectic
last week in October, 1929
made Rheinstein nostalgic for
the days when a man could lose
11,000,000 overnight.
Hardly anyone has a million
dollars to lost any more, he
aald. Hardly anyone can make
that much. The speculation
almply has gone out of speculat
ing on the market, he said.
"It Just isn't fun any more,"
he added.
But Millionaire Rheinstein
and the New York stock ex
change did not see eye to eye
on this.
Stock exchange officials
never want to set another week
In which stocks dropped hun
dreds of points and investors
Inst a total of from $8,000,000,
000 to $14,000,000,000.
During the '29 crash, Ameri
can Can stock dropped from
1B1 to 86 points, American
Telephone tc Telegraph, from
S04 to 197V4, and General Elec
tric, from S!)8V to 168"(i.
Men sobbed on crowded
itreetcorners and millionaires
Jumped out of office windows
Brokers slept on cota In their
offices that week, If they slept
at all, while the tickers beat
Rheinstein, who had lost Mrs. hOdley MOIIOred
Davtnn A shower honoring
he ever made in a single day.
A lot of other men didn't even
have homes to go to any more.
Government rules and regula
tions put into effect since the
crash have made it pretty hard
for a person to make a killing
like that. Income taxes have
discouraged many from even
trying, Rheinstein said.
The stock exchange reported
that the market was healthy and
steady today, and they liked it
that way. Because it Is difficult
to get big investors now, the ex
change is appealing to wage
earners to invest part of their
savings in storks, and forget
there ever was speculation.
Rheinstein said he'd like to
offer some advice to the little
investor, if he wants to make
his money earn more for him.
"Just watch the newspnpers,"
he said, "When stories are car
ried on front page- that the
market is low, run down to Wall
Street and buy the five most ac
tive slocks. Put them away and
forprt about them, until there's
another front page story, about
how high stocks are. Then go
down and sell them again.
"You can't miss. They say
down here on vVall Street that
even a man with sawdust for
brains can be lucky."
National Council of Jewish
Women.
If you do, bad-natured people
result.
...
For instance, it's part of na
ture's plan for a child to pass
through four different mental
phases, Dr. Milton I. Levlne, as
sistant professor of pediatrics at
Cornell university, told a room
ful of mothers.
"The first is the early years
when the child's feeling of se
curity revolves around his par
ents," Levint said. "A child
cries when his mother leaves the
room. He wants somebody
around to feel secure.
"Second, between the ages of
two and .three, the child is still
an individual, but he learns to
play by himself. He doesn't want
other children around yet. He
isn't ready for group living. He
kicks and bites.
"Third, between two and one
half and three years, ht still
does not want to play with other
children. But he begins to watch
them and imitate them. If they
push a block along the carpet
and say It's a train, he lays his
block is a train.
"Then, at about six years, or
school age, something suddenly
happens. He develops a feeling
of co-operation. He has a group
feeling. Boys want to be with
boys. Girls like girls. From six
to 12 this feeling develops, and
parents should make every ef
fort to make a child feel impor
tant In his own group."
...
The first year of a child's life
is the most important, Dr. Le
vine said.
The keystone of his life Is the
parent-child relationship that Is
developed in the first year," he
said.
Dr. Sol Ginsburg. I psychia
trist, said religion played an im
portant part in the child's life.
' No person can have the feel
ing of security necessary for
mental health unless he identi
fies himself with some group.'
Cinsburg said. "Of course, reli
gion can be made an instrument
of terror. And it can be a very
constructive thing."
heavily when he first started
playing the market, was de
termined not to lose again. He
had sold all his stocks when
they were way up.
Whey they dropped way down
on Oct. 29, he bought. When
they went up slightly, he sold.
He went home that night with
a profit of $250,000, the most
Mrs. William Hadlev of Mc
Minnvllle was given at the home
of Mrs. Roy Edwards with Mrs.
Anna Woodward and Miss An
nabelle Nelson as co-hostesses.
There were twenty-six present.
Mrs. Hadley is the daughter of
of Mrs. Anna Sion and a former
resident of Dayton. I
Ike Asks Welfare
Be Tied to Freedom
New York, Oct. 26 0I.B Gen.
Dwlght D. Eisenhower proposed
Tuesday that leaders from every
field of American life meet to
determine how the problem of
social and economic welfare can
be solved without Jeopardizing
Individual freedom.
Eisenhower, president of Co-
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The M
The Store of Style, Quolity & Value
MOXLEY & HUNTINGTON
416 State St., Salem, Ore.
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The Store of Style, Quolity & Value
MOXLEY & HUNTINGTON
416 State St. Salem, Ore,
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V 15 !E! 33 sRi
Yes, old friends are rejoicing over today's
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Blitz Weinhard has been a steady favorite
since 1B56. If you haven't yet experienced
the new taste in beer, be sure you ask for
today's Blitz Weinhard next time you buy.
BLITZ WEINHAHD COMPANY PORTLAND. ORFfiOM
Distributed by Gideon Slolst Co.