UNCLE SAM'S GOLDEN PURSE
World Champ Gold-Owner
Means $25 Billions Stored
By T. W. KIENLEN
Washington (UK) One hundred yean ago California and the
world echoed to he cry of "Gold!" But long before the American
discovery at Sutter Mill, men had fought and ichemed to get
gold and keep it.
Indestructible by heat, moisture or corrosive action, found In
virtually every corner of the
globe, gold for ages has been a
standard of value,
Today the fascination of gold
is still unchallenged although
metals are far scantier and
valued even more highly. Not
its scarcity, but its very inde
structibility and fairly general
availability have lifted gold to
its eminence.
But in the ages gold has been
known and used, no nation ever
piled up anything comparable to
the 700,000,000 ounces owned
by the United States and priced
at nearly $25,000,000,000.
The United States started on
Its way to being world's cham
pion gold owner in January,
1934, when the treasury buying
price for newly-mined gold was
raised to $35 and ounce from
$20.67.
At the same time gold was
demonetized and it became ille
gal for Americans to use gold
coins or keep possession of cur
rency redeemable in gold. A
whole generation of Americans
since has grown up without a
glimpse of those $5 and $10 gold
pieces indulgent relatives some
times handed out at Christmas.
...
The greatest gold hoard in his
tory, held by the United States
at Ft. Knox, Ky., in the mints,
and the assay offices, has made
the American dollar king of the
market-place.
Since business men every
where know the United States
owns about 60 per cent of the
world's gold, the dollar finds
ready acceptance.
Many experts insist the United
States should be returned to a
free circulation of gold intern
ally, but others believe that pro
hibiting gold ownership is the
best way to prevent gold-hoarding
panics.
Today, stimulated by the
worldwide demand for American
dollars, all sorts of gold propos
als are heard.
Most of the world outside the
United States wants a higher
price, so their gold will bring
more dollars. In the United
States, proposals are heard for
resumption of gold-coin circula
tion and for a full return to the
gold standard.
What is gold had never been
discovered? Then some other
metal probably would have done
the same job just as well. After
all, financial men sav. insDira-
tion of confidence is the first
job of America's gold stock.
Unit Meets Friday
Lyons The Lyons Home Ex
tension unit will meet at the
community club house Friday
afternoon.
Diamond Blonde
ENGINEERS HAPPIEST IN MARRIAGE
Movie-Style Love Wrecks
Home-Life, Specialist Says
By CLAIRE COX
New York U.R Hollywood is breaking up many marriages
by making wives dissatisfied and giving husbands inferiority
complexes, one psychologist contends.
Alfred . Johns, who specializes in patching up broken homes,
said the movies are making his job twice as hard as they would
if they presented domestic life
If It Fits Film Actress
Marilyn Maxwell has been
chosen as the Diamond
blonde by the Diamond Man
ufacturers and Importers As
sociation of America. (Acme
Telephoto) .
bankers 12th and newspaper
men 13th. At the bottom of the
list are traveling salesmen and
laborers. Johns said they see lots
of movies and so do their wives.
"Movies and novels never give
a realistic approach to mar
riage," he added. "They make life
glamorous and glamour may be
good for the eye, but it's very
bad for the mind."
realistically,
"Husbands just don't make
love the way the screen heroes
do," Johns said. "The movies
make married life seem glam
orous, and real-life wives are
disappointed in what they find.
Everybody's either rich in
movies or gets rich. Wives start
nagging their husbands if they
don't get rich, too, as in the
movies."
Johns is director of the Mod
ern Coue Institute, dedicated to
following the theories of Emile
Coue, the Frenchman who
created quite a dither in the
United States in the roaring '20s
with his optimistic slogan, "Day
by day, in every way, I am
getting better and better."
But things are getting worse,
instead of better, on the matri
monial front, Johns said. He's
found a direct relationship be
tween the number of divorces
and the number of movies per
sons go to see.
The happiest married men, ac
cording to a survey, he said, are
chemical engineers. They are
homebodies who prefer unima
ginative books to fabulous mov
ies. Second on the list are minis
ters. Next, in order, come college
professors, teachers and engin
eers. Doctors are 11th on the list,
Capital Journal. Salem. Or.. Tuendar, Nor. 15, 194915
c .. .vict f"04 J..oi oi Til 37
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medical and hospital protection through a modest
cost O.P.S. plan. Employed and self-employed ,
individuals, families, and group employes residing
in Oregon have a wide choice of physicians,
surgeons and hospitals. Please send the coupon
for complete information.
Oregon
Physicians'
Service
UUS.W.oth, Portland 4
455 Ferry St., Salem
Medford Bldg., Medford
SPONSORED AND APPROVED BY OREGON STATE MEDICAL SOCIETY
Meetings Arranged
For Fruitland Annex
Fruitland The Fruitland
WSWS will meet in the church
annex Thursday afternoon at 2
o'clock.
The Women's circle will meet
Thursday at the church annex
for the November meeting. This
date is a week earlier because of
Thanksgiving being the follow
ing week.
Bum Rap Says
Yellow Kid
Chicago, Nov. 15 u.R Joseph
(Yellow Kid) Weil, who became
internationally known as a con
fidence man who swindled the
well-to-do of millions, claimed
today that a charge he had
fleeced some nuns out of $3 was
the first "bum rap" of his car
eer. Weil, 74, dapper and bewhisk
ered, was arraigned before fel
ony court Judge William Daly
on a charge of having taken the
money from the little sisters of
the poor. Daley continued the
case until November 29 because
a witness was not available and
Weil was released under 130(1
bond.
Weil was arrested last Thurs
day night and admitted he had
cashed a $3 check a Chicagoan
had contributed to the sisters.
However. Weil said he had been
duped by two men who hired
him to collect building funds for
the sisters, operators of a home
for the aged.
Grounded Ship Total Loss
Vancouver, B.C., Nov. 15 )
The steamship Chelohsin.
which ran aground in the fog a
mile outside Vancouver harbor
nine days ago, is to be scrapped.
Insurance underwriters took a
look at the vessel yesterday and
wrote it off as a "total loss."
morning, afternoon and evening
UNHID miNUHER FLIGHTS
save hours... even days,.. of travel lime!
J
I
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United can take you to almost ony major city In the country,
east or west, in just a few hours. United offers, in addition,
famous "Service in the Mainliner Manner." Fares are often less
than 1st -class roil plus pullman accommodations I
Afternoon and evening flights
NORTHBOUND
IEAVI
2:55 P.M. 7:50 P.M.
ARRIVI
Portland 8:20 p.m.
Seattle 10:35 p.m.
3:25 p.m.
5:10 p.m.
Morning and afternoon flights
SOUTHBOUND
IIAVI
10:05 A.M. 3:15 P.M.
ARtlVI
3:35 p.m. San Francisco 7:50 p.m.
6:05 p.m. Los Angelas 10:10 p.m.
fast, luxurious flights to "all the fast"
FOR SPIED, DEPENDABILITY AND ECONOMY, fit
UNITED AIR LINES
Airport Terminal. Call 2-2455 or, an authorized travel agent
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J. C. HIGGINS 26-IN. BALLOON TIRE
Shop in Air : $ "
Conditioned Comfort - ff..,,.
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BROWN TWEED r-,-j -..--- ,
.xCl LUGGAGE (feKfj 'llfvT,
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III lr jr Nl are value. All wood -,; vS..:r.-:-" I CJ
1 lll r j9 r,m' with teak 'rjr t Cvl
1 til "" jr wood top and bottom. S:8;iy I E vs
isucyene
fit
AIR-COOLED COASTER BRAKE BAT-WING HEADLIGHT
What fellow wouldn't ask for this honey of a bike for Christmas? It's J. C. Higgins
... with 19-inch reinforced steel frame; two-tone, woterproof troxel saddle; ond
I bumper type fender braces. Enamel finished in bright maroon ond white trim. Give
him this bike for Christmoi ond buy it now during Sears Value Demonstration.
Shop 'til 9:00 P.M. Friday
3(o)e
Sturdy Juvenile Bikes
Are Easy To Handle
For 6 and 7 Year Olds
37.95
Youngsters can easily handle these lightweight, gay!y
decorated J. C Higgins btkes. They're built for punish
ment with strong tubular steel. 20-in, balloon tires,
heavy duty fenders, streamlined chain guard, air-cooled
coaster brake. Boys' and girls' models.
26" Pullman (not shown). . .
12" Makeup Case
, Here in real lur-
re value. All wood
rame with teak
wood top and bottom.
Brown tweed pyrox
ylin coated covering.
Brown leather bind
ing Attractive plas
tic handle. Handy
pocketa Inside cases.
8.98
5.98
Rubber Basketball
Famous J. C Hisgins Ouolny
Priced al Only ,,n 6.98
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Beginner's Skates
SruroV, LtohrweigM
For OnV .iiiii. 1.49
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Tennis Racquet
Waterproof Nylon Strings
J. C Higgins t i i 5.95
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Boxing Gloves
Famous J. C Higgins Quality
SetoM 9.95
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Sleeping Bag
100 Down Filled
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trip. IM't 4mn fttl4. Utli (nrhi
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Table Tennis Set
liv.ty Cork Focd Bots
4 Ralls 3.49
C.pl " !. TT
Kxri km, to Mtho. kolti. A4.
9:30 a.m. to 5:30 p.m. Doily
9:30 a.m. ro 9:00 p.m. Friday
Store
Hours