Image provided by: Rogue River Valley Irrigation District; Medford, OR
About The American. (Central Point, Or.) 1928-1936 | View Entire Issue (June 11, 1936)
THURSDAY. JUNK i l , lu s« Tb« AMERICAN. CENTRAL POINT, ORBOON Small Investor Pays, Pays, Pays New Giant Zeppelin Is A Flying Palace Í m Government E xtra vaga n ce Eats Into Present and Future Income. Millions of small Investors In tin* Tnlted States are beginning to awake to their own danger as a result of the Federal Government's spending and borrowing policies. Newspapers, mag azines and books recently have called attention to the vital interest of bank depositors, holders of life insurance policies and others whose future is affected. Government extravagance and tax measures to soak the thrifty Involve very closely the "little fellow’s" affairs. Small investors actually comprise a huge army of creditors. The return they will get will be reduced by 41 per cent if dollar devaluation is wholly success ful. The buying power o f their dollars, when full buying power Is most needed, will be 59 cents instead of 100 cents. Big Government borrowings and a de valued dollar tend toward Inflation. Higher prices, lagging wages and re duced value of the dollar make a dis turbing combination. ■H i ^ éh ï Dr. Neil Carothers, Director of the College of Business Administration in Lehigh University, said recently: An Illuminating example of how New Deal methods are pumping the small investor dry Is offered by P. H. Powell, of Wallingford, Connecticut. In a re cent letter published In the Bulletin of the American Liberty League Mr. Pow ell told how the annual cash dividend on Ills paid up life Insurance policy had fallen from *12.70 In 19‘->9 to $12.05 In io m In the curent issue of The Guaranty- Survey It was pointed out that 42 per cent of all the families of two or more persons in this country have annual Incomes below $1,500, and the Income of 71 per cent is less than $2,500 an nually. A FR EE Oriental Gardens T IC K E T KVKHY SATURDAY NIGHT On your trip East, go or return through Cali- fornia. Summer rail roundtrips permit this at no additional tare! In effect, a free ticket through San Francisco and I os Angeles. In clude great expositions at San Diego and Dallas and other th rillin g sights on your trip. Fares are low. For ex ample, to Chicago and back from most western Oregon points: $57.J5 in coaches or chair cars; $68.80 in tourist sleep ing cars, plua berth; $86 in standard Pull mans, plus berth. Two Orchtwtnts Old Time and Modern ONE ADMISSION Medford, Oregon E X P E R T WATCH and JKWHLRY Repairing At Depression Prices 15 So. Central Ave. Medford C. Earl Bradfish Dr. C. W . Lemery (Successor to Dr. J. J. Enuoena) •JOI Medford Bldg. I ractlce limited to eye, car, nose, and throat and fitting of glasses Tel. 5«7 Rea, 101S “ Friend” fá á \ ~ % f - **■■■ SPRAYERS >- ---«.'i,« (Left) Front view of the Hindenburg showing control cabin. (Upper right) One of the 25 staterooms on the new airliner with two berths and folding wash basin. (Above) One of the Hin- denburg’s 1100 hp. Diesel engines— first ever used in lighter-than-air ships. Details o f Her Luxurious F.t|iiipnirul Kevealed for Firsl l inn By Latimer Shaw L UX UK IKS such as sky travel ers have never enjoyed before are contained In the new 804 foot Zeppelin, the Hindenburg, world's largest airliner, whose May 6tb de parture from her home nest at Frankfurt-am Main for the great naval dirigible hangar at Lake- hurst, N. J„ stirred the Interest of the world. On board, as commodore ot all the Zeppelins was the veteran Dr. Hugo Eckener, the most re nowned and experienced pilot of all llghter-tban-alr liners. In actual command of the Hindenburg was Capt. Ernst A. Lehmann, a pupil of Dr. Eckener since 1915 The Zeppelin carried a crew of more than 50 picked men. Her voyage marked the beginning of the first regular trans-Atlantic passenger and freight service by air. Nothing approaching the com forts of the Hindenburg has ever before been envisioned for aerial voyaging. In 25 luxurious state rooms she carried 50 passengers, twice the capacity of her illus trious pr* i»' -M or, the Graf Zep the air comes from 7.063.000 cubic feet of hydrogen gas in 16 separ ate cells. The ship weighs 430.950 pelin Imagine not and cold run pounds and carries a total pay □ ing water on an airship! This is load of 41.990 pounds. supplied from a folding washstand The eyes of the engineering In each cabin. Every passenger world are on the Hindenburg’s en steeps in a soft Individual bed gines and their lubrication be The ship Is liberally equipped with cause she is the first lighter-than- baths and there is a commodious air ship to be equipped with Diesel dining ball where guests dine and oil burning engines, of which she watch the surface ships pass un has four of 1100 bp each. It Is a derneath. A long enclosed prome distinction for the American pet nade derk gives a perfect view of roleum Industry that, after more the sea and sky panorama. And a than a year of exhaustive testa, complete electric k i t c h e n in Veedol motor oil made from 100% charge of a distinguished chef en Pennsylvania crude oil won the sures flavorsome hot meals right to lubricate the new Zeppel A great novelty on the Hinden in's motors, after serving the Graf burg is a fireproof smoking room Zeppelin in like capacity for six with doors opened only from out years and the automotive equip side or by the steward’s push but ment of both Byrd Antarctic expe ton Inside to prevent passengers ditions. from carrying lighted eigars and All public and passenger rooms cigarettes to other parts of the on the Hindenburg are heated ship A comfortable library with through use of the engine cooling modern books is another feature. water. Other amazing details of In addition to ten tons of mall and the aerial giant Include the first packages, the new airliner carries light weight duralumin piano, a two tons of drinking water, two | 5.600,000 candlepower searchlight tons of service water, six tons of | and a full equipment of inflatable water ballast and sixty tons of j rubber life boats. All in all, she Is fuel and five tons of Veedol lubrl- the last word in travel above thi eating oil Her lifting capacity In earth. Florida ship canal projects. These Try an A d in were started without Congressional The American approval or direct appropriations, j and It looked for a time as though | both would be stopped half-finished, Palace Lunch ' Approval for the Florida ship canal There was a "figh tin g w ord” in finally was wrung rrom the Senate. A Clean Place To Eat Congressional offices as Congress However, the talk about the $ 3 4 .-1 drew today to Its end. It was "rubber QUALITY FOOD stam p." Sny that to a legislator who ; 0 0 0 , 0 00,000 deflolt which is ap “ With nearly three-quarters of 23 S. Riverside, Medford proaching made many members c o n -1 is thinking of and preparing for his all American families living on an Income below what Is considered campaign, and you had better smile. scious of the millions which some of them felt had been wasted on t h e 1 moderate, and with the tax burden The general altitude is one that unfinished Passamaquoddy sy in -, on this Income already severe and OFFICIAL WTOO AND has prevailed toward, and after, the tending to Increase, the time phony. KI8EMANX MAGNETO d o se o f several recent sessions of should soon arrive, if It has not ar Sales and Service. Congress. Docilely, the legislators rived already, when it can no long All is far from well around Soil have followed their leaders for er be maintained that the advan OFFICIAL MAGNETO Conservation headquarters. After months. But when one bill after an tage of Indirect taxes Is that they REPAIR SERVICE the A A A ’s invalidation, the Soil Con- are painless." other was Jammed through with Genuine New Factory Parts servatloi program was rushed and practically no The rank and file of Americans must little debate through and AAA officials said pay the increasing costs of Govern amendments, constituents began to D A W S O N ’S everything was sweetness and light. ment. The small Investor pays heav- ask their representatives: "W h a t’s 44 N. Front St. Phone 263 Suddenly, though, Chester Davis, ier taxes out of Ills present earnings. the big id ea?" Medford, Oregon who had been the AAA chief, went His future Income from savings will In the past, the answer was ‘ em er suffer. The Government is spending i on a trip to Europe. Upon his return about eight billions o f dollars this gency.” It was necessary to do things he stayed in the Capital hardly long year. The 1936 deficit will be about and big things in a hurry, the Solons I enough to unpack his bags. Then he Top Notch Eats. four billions of dollars. These deficits informed their questioners. This j departed for a western speaking have been piling up year by year. The year, though, conditions have begun G. J. Morris, Prop. small Investor should be the first to de to improve and the legislators have j tour. Davis said he will not resume ac mand that his Government balance Its been talking about the end o f the de Food Served at tive direction o f the Soil Conserva budget. pression. They no longer have the tion program. Secretary W allace old alibi. Their only out now is to Reasonable Prices will do that. It is no secret to insid Out at First Bate defend, to the last crossed T, every er* that W allace and Davla have d if The Bl»''k Lobby Committee, found line in the bills they have voted for. at fered on many things guilty of violating the Fourth Amend ment of the Constitution, made the de That is rather difficult for many o f Rumors are floating around to Reasonable Prices fense that It was after information them. the effect that Davis has been offer 14 South Central Medford which would aid in passing a new law ed a Job in a private business, which All this session there were threat« •xpects his familiarity with farmers governing lobbying. So. for one new law, favored by five Senators, the to break away. The threats actually and their problems to be very help country Is asked to trade several con materialized in a big way once when stitutional guaranties of personal the bonus payment bill was passed ful. Many insist that If Davis does Summer Term accept tlie Job, he will not do so un rights, privileges and Immunities, But the leaders did not really oppose OF BUSINESS COLLEGE til after the November elections. which are a part of the foundation of our free form of Government The that. They privately thought that it Opens June 15. Supreme Cou.'i of the District of C<e was a smart thing to do In an elec lumbia looked the committee's propre tion year. sltion over and decided It was not a What worried leaders most was Shangle Studios good swap. the difficulty in attempts to regain edford ousiN EssroL LE G E control o f things Congress used to Expert Mmtography oac un Utip w if v ou«*» Where It Report? control. In the dim. distant past, 10 Fine Portrait* a Specialty than a month ago Represent- public buildings were erected and no ‘ Wh'Te Youth and Opportunity IlcLeod of Michigan demanded flood control projects started unless Medford Bldg. Meet" larry Hopkins make public a Congress specifically authorized written by Gen. Hugh Johnson them and appropriated the money he General relinquished his Job York Works Progress admlnls- for the work. Lately, however, many such pro It Is known that the report s startling facts sbout the man- ject* have been started without Con whicb relief billions are being gressional approval In numerous • McLeod’s resolution bus bad stances, there was not enough money Reasonable ntlon. available to finish the work C'one»- BODY A FENDER REPAIRING « GLASS quently. requests were made for spe North Bartlett Medford, Oregon Consolation cific Congressional sanction and ap cry time a citizen buys a package propriations for some projects. igarottes he is contributing si* The big relief bill this session in t In taxes to the Federal govern- cluded. for the first time in several Oasis Beauty Salon i. He can take comfort In the re- ion that he has done his bit to- ; years, the stipulation that no project LOTTA PEARCE could be started unless there was I building that $10.00» dog pound, If your Beauty Isn't becoming to you, you'd better be coming to me h stands as a monument to WPA, ' enough money available to finish it. Frederic Machine rermanenta— $3 50 and $5.00 i in Memphis, Tennessee. The men who wrote that into the hill Phone 2 1 -X -U Eagle Point had particularly in mind work* Ilk-* Try a Classified In The American. 1 Passamaquoddy tidesharnesslng anJ Stationary Southern Pacific W a s h in g to n S n a p S h ots M SH U L T 6 B R O S. A u to P ain tin g and Portable Systems. Water Pumping Machinery DIESEL ENGINBS-MOTORS E. R. White For details, see your S. P. ascot or writs J. A. O R M A N D V ,G 'e u rs /F o m sr d ra ft 70S Pacific Budding, Portland. Oregon Sales Engineer Phone 27 Medford Oregon JEW EL C A F E Good Food and Quick Service AMERICAN AND CHINESE DISHES O p e n till pj Saturday Nile Phone 1197 28 N. Front FOR A U TO LOANS SEE COMMERCIAL FINANCE CORPORATION Medford, Oregon D AN CE on the Dr. B. C. Wilson O A SIS I'liysirlan an d Nurgeon 3 1 0 M ed ford llldg. M edford, O re. Spring Floor Every Saturday Night Central Point STONE’S DRUG STORE Eagle Point Fick Hardware Co. Elva Livingston Lough SLIP COVERS FOR OVER- STUFFEI) FURNITURE Designing, Drapery Making Phone 1648x 220 S. Grape Crosley Radios & R efrigerators, Spartan Ruldos & Refrigerators, Speed Queen & May Tag WASHING MACHINES Sales & Service Phone 300 131 W. Main St. Medford Brill Metal Works Burden on Earnings. This large low-income class pays no direct Federal income tax but it pays Indirect or hidden taxes In almost countless forms. The tax Is bidden In the price of what the citizen wears, eats, smokes or drinks and In the cost of renting or owning a home. The Guaranty Survey says: DANCE WITH DYNOH At the m-m Peril of Inflation. “ As it moves on, inflation re duces the value o f all fixed In comes, from bonds, building and loan shares, preferred stock, and life insurance policies. Slowly but surely it eats away the living of the widow and orphan, takes boys out of school and college, sends old people out to hunt work or charity, and destroys the life-long accumu lations of thrifty and hard-working people. It destroys universities and hospitals, charities and pen sion systems, wills and-'Inheri tances." m mvtm) m I M P SÈm 3 PAGE Enroll Now for Student Class GENERAL SHEET METAL FURNACES & HEATING 10» E. Htli St. Phone 41H Medford Starting During Month of June. Pay while you learn. H. C. HIGH Successor to V O L N E Y D IX O N Western Distributor For Medford School of Beauty Culture Page Fence Anything in line o f fencing 124 N. Riverside Phone 263 Medford, Oregon e z f t i tA e / WO P bjuie S arc C owed m we US'. (See Answer Next Week) A few cents a day pays for ALL the laundry— and It take« only a few minutes o f your lim e when you call Medford I-aundry! OUR D A M P W A S H SE R V IC E 52c for a 13-lb. bundle Each additional pound 4c Every piece sweet and dean— ready to Iron Answer from last week— The peanut is a fruit. Medford Domestic Laundry ,M> NORTH RIVERSIDE AYE. PHONE IM "CERTIFIED SANITATION— GUARD YOUR HEALTH”