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About The Central Point American. (Central Point, Or.) 1936-195? | View Entire Issue (July 23, 1936)
T H U R SD A Y , J l'L Y 2 3 , 1930 Economic Highlights H appenings That A ffect n er P o lls, Pivitlend Check* lU lls o f E very Individual. a n d In tern atio n a l Problem* abl« from l,ocal W elfare, C EN TRA L POINT AMERICAN CENTRAL POINT, OREGON Ice Skating in Texas in June th e P in ami Tax N ational fnaepai- You c o u ld safely bet t h a t both .lames A. F a r l e y an d J o h n M. H a m ilton, riv a l p o litical M erlins of the m a j o r p a r t ie s , a r e k eep ing eager eyes fixed on th e b u sin e ss b a ro m e ter. And th e y a r e likew ise w atch in g th e c o m m e n ts of b u sin essm en on th e b u r n i n g s u b j e c t of th e New Deal. As th e a s t u t e F r a n k K e n t re c e n t ly o b se rv e d , few p re s id e n ts have been b e a te n w hen b u sin ess was im p ro v in g — yet no c a n d id a te has been elected w hen th e s e n t im e n t of busi- nesm t n w as o v e rw h e lm in g ly ag ain st ■ M l .... him. T o d ay , b eyo n d a r g u m e n t , b u si mhrmm W .... “ ness is i m p ro v i n g — b u t 90-odd per - •'3 *b £ *vV • cen t of o u r in d u s tr i a l lead e rs seem firm ly convinced t h a t th e reelection of Mr. R oosevelt w ould, to p u t it mildly, lie u n f o r t u n a t e for th e c o u n try. Som e of th e m say t h a t if a Re- p u blcan h a d sa t In th e W h ite House, h u in e s s w o u ld have im p ro v ed m uch f a s te r a n d be m uch b e tt e r th a n it is. : „>..•* i f Rut th e y c a n ' t prove it, w h ile th e P re s id e n t can point to th e u n d e n i r > w '^ .4 ~ 1 able s t a ti s ti c s to b u t t r e s s his posi tion. E ven so, b rig h t as th e busin ess B ELIEV E II OR NOT—but th e r e ’s ice skating tn Texas this sum m er; and p ic tu re is in c o m p ariso n w ith th e h ere’s the proof of it. It’s on the ice floor of the Black F orest, m any-featured d a r k d ay s of 1932 a n d 1933, th e r e Midway attractio n of the $25,000,000 Texas Centennial Exposition which a r e p le n ty of s h a d o w s in sight. opened in Dallas Jun e 6. iBig q u e s t io n is, How m u c h h av e we a c tu a lly re c o v e re d — how n e a r a r e de- we to fn d u s tir a l '• n o r m a lc y ? ’’ T h a t R eserve B oard's index, being based j u d g e A m erica s recov ery from q u e s tio n is e x tr a o r d i n a r i l y d ifficult en tire ly on in d u s tr i a l o u tp u t as d is to a n s w e r — a n d p a rtis a n s , e i t h e r fa tin c t from c o n s u m p ti o n o ' goods, II. C. HIGH H ere v o ra b le to t h e A d m in i s t r a ti o n o r op leaves m uch to be desired. posed to it, h av e little tr o u b l e in a g a in , a d ifficu lty is e n c o u n te re d in tw is ti n g th e s ta tis tic to s u it s h e i r th a t th e r e is no re lia b le Bingle index of c o n su m p tio n . D e p a r tm e n t- s to r e wishes. E xcellen t b rie f su rv e y of recovery sales a r e at a b o u t 88 per cent of th e W estern D istrib u tor For w as re c e n tly m a d e by B e r t r a m Bene- 1923-25 level. B ut no one kn o w s ) how m uch sales v o lu m e th e s e s t o r e s dic of E d it o r ia l R e se a rc h R ep orts. Mr. B en edict po in ted o u t t h a t no have lost in re c e n t y ears to m a i l- o r sin g le index ex ists w ith w h ich to d e r h ou ses a n d c h a in sto res, a n d con A n y th in g in lin e o f fen cin g m e a s u r e all th e economic a c tiv ity of seq u e n tly , no on e kn o w s how a c c u r 124 N. R iv ers id e P h o n e 263 th e n a tio n . And, even if you ta k e th e a t e is a n index c o m p a r iso n of th e i r M edford, O reg on best index a v ailab le, u s u a lly co n sid p resen t to past sales. Many e ff o rts h av e been m a d e to ered to be th e F e d e ra l Board>s th e Successor to VOLNEY DIXON Page Fence d if ficu lties of in t e r p r e t a t i o n a r e vast T h is index, fo r exam ple, ta k e s th e perio d of 1923-25 a n d re g a r d s it as n o rm a l, w ith an a r b i t r a r y p o in t r a tin g of 100. At th e d epth of d e p r e s sion. th e index, c o m p a r e d w ith th is n o r m a l period, sto o d a t 60. T o d ay it is close to 100 a g a in , w h ich w o u ld in d icate t h a t th e n atio n h a s e m e r g ed alm o st com pletely from h ard tim es. H o w ev er, since 1925, there h a s been a 13 p er c e n t in c re a se in o u r p o pu latio n . T h e re fo r e , th e ind**x woud h ave to s t a n d at a b o u t 113 to show in d u s tr i a l activ ity e q u a l to t h s l of 1923-25. O h er c o m m e n ta t o r s say th a t th e pression in th e ig h t of t h e expert ence a b r o a d Best s u r v e y s p lace us at ab o u t a v e ra g e . B ut t h e p ro b l e m s of e x ch an g e, of d if fe s e n t s t a n d a r d s of living, of th e q u e s t io n a b l e s ta ti s ti c s issued by so m e i m p o r t a n t fo reign g o v e rn m e n ts , m a k e a la r g e m a r g in of e r r o r inevitable. oil th e A really a c c u r a t e re p o r t e m p lo y m e n t s i t u a t i o n w ould he of im m en se help in e v a l u a t i n g A m e ri c a ’s pro g ress. But n o n e exists all we h a v e is e s t i m a t e s of t h e n u m b e r of u n e m p lo y e d , r a n g i n g from five to fifteen millions. A ccu rate s t a ti s ti c s on in d u s tr i a l payroll do exist. T h e se pay ro lls now s t a n d it p e r c e n t of th e 1923-25 level. " R e a l w a g e s " a r e a t r if l e h ig h er. as t h e p u r c h a s in g p o w e r Of th e d o lla r is g r e a t e r now t h a n it w as then. But if we m a k e a llo w a n c e for th e in c r e a se in p o p u la t io n , t h e pay roll p ic t u re b ecom es less favorable. T h u s, t h e v o te r h a s no w ay of f i n d i n g out w h e t h e r ti m e s a r e as good as th e fr ie n d s of t h e A d m in is tr a t i o n say th e y a re . o r as bad as its o p p o n e n ts ohld. All he can go by is PAGE THREE th e g e n e ra l t r e n d — t h e u p o r dow n i n t h e South, w here th e D em ocraic m o v e m e n t of t h e m a n y u n e o r r e la t e d p r i m a r y nom ination is tan tam ou n t indexes. E v e n so, he will be in a to election. q u a n d a r y —if t h e r e is im p ro v e m e n t how m uch of it is n a t u r a l , an d how m uch he a r t ifi c ia l re s u lt of g o v e r n m ent pum p-prim ing'.' If t h e r e sh o u ld be a R epu blican sw eep th is y ear, re s u lti n g in t h e j elec tio n of G o v e rn o r L a n d o n a n d u | GOB m a j o r i ty in t h e H ouse, th e par-1 t y ’ leg islativ e p ro b le m s w o u ld be fa r from sim ple. R easo n : I t is m a t h e m a tically im possible fo r th e Repub-1 ¡cans to c o n tro l th e next S en ate. T hirty-four S euators a re up for | re-election a n d If t h e R ep u b ican s j win ev ery c o u tea te d se a t. t h e D em o c ra t s will still h a v e a m a j o r i ty of two. And th i r t e e n of t h e c o n te s ts are Richard Dix in " Y E L L O W D U S T " E pisode 5 " T A R Z A N ” Sun.-M on.-T ues. JA M E S CAGNEY RAT O 'B R IE N ‘Ceiling Zero f t W ed. Only EDMUND L O W E FLAHARTY REALTY CO. 15 N. F ir “The Great Imper sonation” Weil. N ile is F a s h N ile R hon e 15 4 T h u rs., E rl. Real Estate Insurance Ekerson PAINT & ROOF Store Medford. T im e I‘ay m e n Is fo r KcmiMleliiig M A UR IC E C H E V A L I E R “Folies Bergere »9 O regon Oasis Beauty Salon A ROOF FOR E V E R Y HOME 4 FA IN T FOR E V E R Y P I RROSE Rhone ¿ 4 3 Hat. Only I.OTTA P E A R C E If y o u r B eau ty Is n ’t becom ing to you, y o u ’d b e t t e r be co m in g to me F r e d e r ic M achine r t - r n i a n e n ls — $3.50 a n d $5.00 P h o n e 21-X -13 E a g le P oint 3 8 S- B artlett Trade H ere and W in V otes 100 MI LES PER GALLON OF GAS! Yes, It’s a fact— The New Servi-Cycle F o r d e liv e rin g p a c k a g e s a n d m e s s a g e s — going tn w ork— m aking oollectioiiB -g o in g to school, s p o r ts , etc. Safe as a bicycle. C. A. THATCHER P u r e ice t h r o u g h and through, ■ 630 N. Central, Medford frozen a r t ific ia lly fro m p u r e w a te r, free fro m ch e m ic a l od o rs an d d e p e n d a b l e for cold a n d food p r o te c tio n . G u a r a n t e e t h e h e a l t h y o u r s e lf an d fam ily by of k eep in g y o u r ice box filled w ith p u r e Ice. Ice delivered daily I magine MEDFORD ICE & STORAGE CO. Prince Auto Wrecker 17 40 N. R iv ersid e S u ccesso r to S o u th F ir S treet Phone 26l VALLEY A I T O W R E CK E R NEW A USED Tires Tubes Batteries G en erato r A S ta rte r Exchange O wned a n d o p e ra te d by P A U L P R IN C E , w ho h as been in b u s i ness in Medford since 1 9 2 6 ______ Dr. C. W. Lemery (S u ccessor to Dr. J . J. E m m ens) 2 0 4 M edford B ldg. I ractice lim ited to eye, ear, nose, and throat anil fittin g o f gla sses. Tel. 5 0 7 Re* *<>*:* “Friend” an d P o r t a b le System s. W ater P u m p i n g M achinery D I E S E L ENGINES-MOTORS E. R. White S ales E n g in e e r P h o n e 2" Medford Slot Machine 1927 PONTIAC COACH SPRA YER S S ta t io n a r y USED CARS the electric switch plate as a O regon FOR a u to loans BEE COMMERCIAL FINANCE CORPORATION M edford, Oregon Dr. B. C. Wilson PhysirL n and Surgeon 2IO M-xIford Bldg. M e.'ford. Ore. C e n t r a l Point ST ON E 'S DRUG S T O R E Fick Hardware Co. r o s i e r Radios * R e frig erato rs, p a r t a n Raidns * R efrigerators. Speed Q u een * May T a g W ASHING M ACHINE» a le s * S erv ice P h o n e 300 31 W . Main St M edford O w n er sa y s se ll soon as possible 1935 FORD FORDOR SEDAN P ric e d to se ll b elo w book value 1930 HUDSON 8 SPORT COUPE 1928 CHRYSLER 4 SEDAN 1929 ESSEX SEDAN 1933 CHEVROLET TRUCK Long w h eelb a se, d u a l tires, eq u ip p e d for h ea vy service 1927 CHRYSLER SEDAN 1932 NASH STD. 8 SEDAN 1928 WILLY’ KNIGHT SEDAN All of the above cars have been recondition ed and are ready to give good service. Many more cars and trucks to choose from. Walter W. Abbey, Inc. 123 S Rlv-Trdde A re., M edford. O reg on a n d you'd usually need "change' fo r a cent! — Suppose you did not buy your electric current by the month— in form of a monthly bill. Suppose, instead, that you bought it, as you used it— that the electric switch-.plate was a slot ma chine. You'd be astonished how much power a single penny would give you— how long you could operate an electric washer, for instance, for a single penny (longer than a large family wash ing would require!) On the other hand, if you paid only for the amount of current required, let us say, to run the vacuum cleaner over a rug or two, you would find no American coin small enough, and would have to resort to Chinese money— equivalent to a small fraction of an American penny! So why economize on electric current? You don't need to. The Cafcforaaa Oregon Power Company Phone 553