AgHIiÀND ASHLAND DATLY TID IN G S .................... editor B asine» Minage» . News Editor i WASHINGTON 4* Over at lFo?t!'Mej’»r, V a.,' A ptetàon df ean*rf* was drilUn* tfu other «V . ' > . : . It was À tovetz S lo t . JMrntt- ful here». Magniflctent horse­ men. Perfect teamwork. The maSt Intricate maneuvers execut­ ed with ate ease that rtofle them look simplicity Itself. Risks tak­ en that would make s cirons rid­ er's hair stand on end hut never an accident, never a hitch. What a sad thought that cav­ alry Is rirtually obsolete ' They s iy it was wfcd-only two or thToe tim es on the w est,front Done, to death by the auto and the plane! The» it occurred to me, “If cavalry Is obsolete, why do they keejf this up?” Is It, In fact, ob­ solete?” So I in * » tigs ted. Here’s what I found ont: Cavalry Isn’t obsolete. The au­ to and the plane hare cut In on its u seh iln e»,' but there still are things a man on horseback csn da that can’t be done by a man in an auto or the cockpit of à plane. Whan those things have rar debt all Ifeirope j)W0H to.iJhe United States/^» i i The raB road lsth e St. Ixmis A 'O’Fallon, a 9-on fie line running out of'Kaet St. Louie. The Interstate Commerce Com­ mission- haB tentatively'*"valued this roaff at 3850,000. The road’s management contends that it is worth more than twice the amount of the commission's' esti­ mate. Split With Oovemmmt { The point le: ~ : • According to law, a railroad which earns more than 6 per cent net profit on its fair value must divide the excess evenly with the federal government. On an 38650.000 valuatioh die St. Louis A O’Fallon earns consid­ erably more than 6 per cent grit1 has. something to divide wlth the government. '<* On a basis of more than twOc- 3850,000 It makes nothing litool 6 per'cent and has nothing to di­ vide. , . x The question, obviously, is oho of valuations. How should they The National Conference of Valuation, an organisation o’f rail­ road workers, shippers and com- munitiM served by railroads, which appeared before the com­ mission In opposition to the Pres­ ident’s Committee, maintains that the railroads are entitled to an undivided « per cent only on “the amount reasonably and honestly artillery service, much less cav­ alry. True, r cavalry didn’t figure much on the to Fran k Morrow t f i w w r u i e owner, si G m a v iu c . & e u n ia all «tong l be route aeve Shop • helplns hnnd end now he’s a lb«» O r o ^ n v l li t o T v i m * J I n in n The Pre8i00,000 of these securities. He said that the'committee- .lung ago realized that this plan would lie imitated by in­ dustries to which it was not spited and thut this had to' ramie to jiass. “ But,” said Mr. Hodge, “ the conunittee finds th at utility companies have universally offered to the public only seasonal stocks with long dividend rec­ One of tlie ¡surprises of the early play in the national open golf toumaipeiii nt Scioto was furnished by Joe Turnesa, ords for customer ownership purchases.” of New Vork. Turnesa /negotiated the initial 18 b«>le< Ixical fans are going to pull for the Pear Pickers to in 71 and then came back with a 74 on the^eeom L His the end of the leaghe season, but if the |ienuant evades total of 145 placed him tw o strokes'behind “ W ildnhill” us we are all hoping it lights in Ashland — Jackson Coun­ Melilliom, the'leader. Bobby Joflos, fresh from his' sen­ sational trinraph in tlie British open, shot a 70-79-149 foe ty Newfe- ’ the first two day’s play. In the alwve picture Turnesa Don’t forget to learn the 986 new laws passed by the is shown about to plough into th e'little bafl with Jonef . . - - ■ $ house. You know, ignorance of the law is no excuse. • in tlie inset- “ How do you spell ‘ financially’f ” asked a college student of his room­ mate. » - “ F-i-n-a-n-c-i-a-l-l-y,” said the room-mate, spelling out the word slow­ ly. As an afterthought, he added: “ And ‘em barrassed’ has two r ’s and two s ’ b . ” • How of tea have you said to a salesman, “ T h a t’s more than I care to p ay ” ! If you had known the price in advance, you would have been spared this little em barrassm ent T h at’s one of the great'services ren­ dered by newspaper advertising. By reading the advertisements before going-, to the stores, you know what you will have to pay for an article. You need not reveal your financial status to a salsman. You perhaps do not like to ask the price of goods anyhow. If the merchant has told you the price yn bis advertisement, you do not have to ask. Any way you figure it out, it pays you to read the advertisements. (Regularly! The one advertisement you skip may contain just the news you would haye welcomed. Bead all the advertisements you can. Keep informed. • The intelligent way to shop is to read the advertisements and then go to the stores th at offer the beat values. Make notes beforehand of the articles that interest you. T hat's the way' to get the Burnt for your money. T h at’s the way to Save time. When you know the price in advance, you can aftk .1 , - I •* ‘ to be shown the goods uas advertised” efaBRHRsai