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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 9, 1932)
Mail Tkib Facts vs. Claims About 90 pr cent, of the leading Newspaper of (tie I'nlted states and Canada are A. 8. C. members. The other 10 per cent, sell "claimed'' circulation. Twenty-Seventh Year MEDFORD, 0REG0X, TUESDAY, AUGUST 9, 1932, No. 119. The Weather Forecast: Tonflht and Wednesday fair; mrmr Wednesday. Temperature: Highest yesterday . 76 lowwt this morning M MEDFORD UNE Comment on the Day's News By FRANK JENKINS. YOU must have noted. If you read the papers at all carefully, that stock market prices have been rising harply this week. .With the cynlc lam born of three years of depres sion, you may have said to yourself: Humph, the suckers are biting gain!" And, of course, If you DID say that, you may have been right. STILL, It Is Interesting to analyze some of these Increases, and o get a better understanding of what they mean to the country as a whole. Let us select, as an example, American Telephone Telegraph, which la an outstanding stock that is widely owned. Let's see what has happened to It recently. ON JULY It, A. T. Js T. reached a low point of 70(4, or $70.25 per share. Yesterday, A. T. & T. sold on the New York stock exchange for 108. ' That Is an Increase In a little leas than a month of approximately 3B a. ahare. NOW let's get an Idea of what that means. There are outstanding, according to the latest recorda, 18,662,375 shares oi American Telephone & Telegraph stock. It Is apparent, therefore, that an increase of 38 per share means a total increase of S709.166.460 In the value of . these 18.662,275 shares just a shade under a billion dollars. LET us take a look at another atock-electtng, thla time, soutn ern Pacific, In order to find one that Is close home. On June 1. about five weeks ago. Southern Pacific reached Its low point for the current year of 8V4,. or 16.50 per share. Yesterday it Bold at 17. an Increaae of approxi mately 10 a share. There are outstanding 3,767.554 shores of Southern Pacific stock. It Is thus apparent that an Increase of 10 per share means the addi tion of $37,675,540 to the value ot these shares. SO MUCH for these representative stocks. Let us turn to another form of wealth, and see what has happened In that direction. The price of wheat on the Chicago grain exchange rose yesterday some three cents a bushel. In a normal year In this country the wheat crop will run somewhere around 700,000, 000 bushels. So, you see. this rise of three cents per bushel In the price ot wheat in ONE DAY added some $21,000,000 to the value of the crop now being harvested and threshed. THESE Increases 'in wealth, to be sure, are PAPER Increases. That Is to say, they are brought about by lncreasea In prices on the stock and grain exchanges, where price Is affected by aupply and demand as reflected In buying and selling. If you pwn stocks, and don't sell them at the Increased price and put the money In your pocket, the in crease In your wealth has been merely a paper Increase. And so It Is with wheat, which you may own, if you don't actually ell It. BUT don't forget 'this: The decreases In wealth which were brought about by the crash in prices were to an exactly equal ex tent paper decreases. So the recent Increases In price are Just as significant as the pre ceding decreases. friHK POINT to be kept In mind Is a tnis: Wealth was destroyed very rapidly by the long decrease In prices of commodities and listed securities. But wealth can be, CREATED Juat aa rapidly by BtSINO prices. During the price increases of re cent weeks, a vast body of weslth. aa wealth la reckoned In these days of liquid values, has been created. We are getting back some of our losses. Whether we keep whst we are getting back, of course, remains to be seen. As to that, only time can fell. Husband, Wife Murder Victims BAN ANTONIO. Tex.. Aug. 8. (API D. J. Markley, $5. civilian employe at Port Sam Houston, and his wife. Mrs. Aimlna J. Markley. were found shot to death beside their automo bile In the driveway of their home In Harlandale lat night. The shoot tag was believed to hare been a double muidaa, -- IN WAKE OF PLOT TO 0USJN0RT0N Early Death of Scheme Pre dicted by Observers Bar Association Signs Statement Voicing Faith Widespread public resentment agalnet the circulation of petition seeking signatures for the recall of Circuit Judge H. D. Norton, which arose yesterday In the wake of the news that the plan, was afoot, will result In the early death of the scheme, according to those watching the maneuver. Leas than 50 signa tures have been affixed to the peti tion In three days of hustling for names, during which the circulators are said to have met with many re buffs. Attorney E. E. Kelly, president of the bar association, said this morning that In his opinion, the recall plan "was born In the mind of a disgrun tled litigant, whose stand was with out cause or merit." Petitions Removed The sparsely signed petitions were removed this morning, from general rural and suburban service stations and stores where they were left, It was reported. As far aa could be learned, none of the petitions were circulated In Jose phine county except near the Jack son-Josephine county line along Rogue river. The revulsion of public feeling against the scheme, was high er In Grants Paw, than in this city, according to reports from that city. Judge Norton Is In Grants Pass for the forepart of this week, and would (Continued on Page Eight) 111 10J84 The annual report of the county school superintendent, for the 1932 school year, which ended last June, shows there are 10,184 children of school age, between the years of four and 20, in this county. The number of school age folks In school totals 8.426. Last year there were 10,123 oases of tardiness In the county schools, and 842 pupils were neither tardy nor absent during the year. The total of all financial funds or the year amounted to $903,320.32, and the cash on hand, June 20, was 8132. 996.71. Both the above figures are for all the districts. The bonded Indebtedness of the county schools Is $665,500. The war rant Indebtedness $63,349.90. and the miscellaneous Indebtedness $47,859.23. The valuation of school property In the county Is $1,372,222, and the property carries an Insurance of $1, 357,222. Every school district In the county, with the exception of the JJttle Butte Creek district, has fire Insurance protection. The only school construction In the county last year was the Medford school building program, which amounted to $288,319.68. Elementary teachers In the county number 187, Junior Uljh 42 and sen ior high 85. NAD! BRITISH SPLIT OTTAWA, Ont., Aug. 9. (AP)-A rift between the Canadian and Brit ish delegations over terms for trade agreements cast a shadow over the imperial parley here today and sent the British Into conferences with the Australians. Malcolm Macdonald, son of the British prime minister and press lalson officer for the delegation, is sued an announcement last night, however, emphasizing that the dif ferences which had arisen were not such as to threaten a deadlock such as occurred In the previous confer ence at London in 1930. Stimson s Reference to Far East Irritates Japs (By the Associated Press.) Irritation In Tokyo and satisfaction In Oeneva were apparently today's reactions to the address in New York last night of .Secretary of State Henry L. Stimson on the Brtand-Kellogg pact. Secretary Stimson, speaking before the council on foreign relations, cited events In the Fax East last winter as indicating how effectively the pact may be employed In putting a peace ful end to hostilities by mobilizing public opinion a sal rut them. He recalled that the assembly of the League of Nat'.ons supported the United States in an assertion that It would not recognize any situation, treaty or agreement brought about by means contrary to the covenant and obligation of the past of Paris, and made the remark: "Moral disapproval, when it be come the disapproval of the whole world, takes on a significance hlthnr 10 unJuiQ-vn. ifx ifiiemaUoa4 la Pear Markets ottot YORK. Aua. fl. (U. 8. D. A.) (AP) Pear auction market, prices slightly weaker: 10 cars arrived; 53 on track: 3 delivered. California Bartletts. 22,155 boxes: Best $1.60-2.25; few.. $3; ordinary ai.40-1.70: common $1.30-1.50. Some over-ripe, $1. Average $1.61. CHICAGO. Aug. 8. (I. 8. D. A.) (AP) 5 California cars, 1 Texas, ar rived; 18 on track. California Bartletts, 9014 boxes, $1.40-2.15: average $1.75. BARTLETT PICKING IN FULL BLAST BY FIRST NEXT WEEK Picking and packing of the Bartlett pear crop of the Rogue River valley will be underway In all orchards and all packing plants by next Monday. A number of the orchards and pack ers have started on a small scale but will not get Into full swing. The first picking of Bartletts la now underway In some orchards. In many orchards the Bartletts will not be ready for picking until the end of this week, at the earliest. Picking and packing has started on the Modoc and Van Hoevenberg orchards In the Gold Hill district, and a shipment for export was dispatched Monday from Gold Hill. The Pinnacle Packing plant of this city will start Hb No. 1 plant full capacity tomorrow noon, and will start Its other plant next Monday. Other packing plants will start to morrow and Thursday, as the volume of fruit Justifies. The first picking and packing of Bartletts was lessened somewhat by the high wind of Saturday evening. It Is highly probable that the first shipments east will not be made for a week or ten days, as the pears will be held In cold storage, for a, short period to wait market Improvement. EX-i 'RACKET' BACKED Medford post of the American Le gion went on record in regular meet ing last evening aa upholding the published statements of past com manders, decrying the organization of so-colled "bonus racket expedi tions," campaigning the country. While It was pointed out that the post had long ago gone on record In favor of payment of cash on the ad Justed compensation certificates. It was pointed out by speakers that such groups as the one recently visit ing Medford should be discouraged. Gift of 924.80 from Mack LI Hard, Medford fight promoter, was an nounced, the sum to go toward de fraying expenses of the drum corps at the national convention in Port-, land next month. A move to lift the ban on political discussions In Legion meetings was discussed at length, and It Is likely that this matter will be presented at the national conclave. BASEBALL RESULTS National. R. H. E. Boston .... ; 4 6 0 Pittsburg 0 4 0 Batteries: Kremer, Harrla, 8pen cer and Grace; Betts and Hargrave. Chicago 4 11 1 New York 3 8 3 Tinning. Smith and Hartnett, Tay lor; Hubbell and Hogan, O'Parrell. American. (First game) Boston R. H. -2 0 .1 IS Detroit Batteries: Kline. Andrews. Boerner and Connolly: Hogsett and Hayworta. American. R. H. E. 4 8 0 Washington , Cleveland 2 7 1 Crowder and Spencer, Berg; Har der, Russell and Myatt. In Tokyo today the Japanese for eign office asked Its embassy In wasnington to send a detailed re port of Secretary Stlmson's speech. Dispatches stated Japanese offic ials interpreted Secretary Stlmson's remarks as an Implication that Japan was the aggressor in Manchuria, an aggressor against Whom the whole world was organized and mobilized as never before. In Geneva satisfaction was express ed in League of Nations circles over what was described as "a guarantee that in any future call for action by the league the attltude'of the United States will be known in advance and possible cause for embarrassment re moved.' Stlmson's comments on the coop eration between bis government and the league In the 81no-Jpanse situ ation were interpreted as a basis for cordial, though independent, cooper- ACcj4lAue4 pa Pag Jtlgh.14 FIST OF MAIL TO Von Papen Calls On Cabinet to Map Campaign of Stern Measures Death Penalty May Be Invoked By W. E. BROCK MANN (Associated Press Staff Writer) BERLIN, Aug. 9. (AP) The Ger man government, goaded by two months of rioting, bombing, shooting and knifing, prepared today to awing Its mailed fist and "brutally wield' Its authority to put an end to politi cal disorders. Returning from a holiday to find the local bloodshed and sabotage still going on. Chancellor Franz von Papen called his cabinet together to map a campaign to use the sternest measures, possibly Including the death penalty, to restore pence. Death Penalty Looms. The text of the emergency decree which the cabinet considered In a session which began at noon, called for the death penalty In extreme cases. It also provided for special "speed" courts to deal with a whole series of crimes denominated as ter roristic, Including gun toting, flood ing, arson, bombing and attempts to tamper with the railways, re gardless of whether loss of life were involved. The cabinet planned to put the emergency decree Into final form for promulgation late today without waiting for President Von Hlnden- burg's return from East Prussia, which Is expected tomorrow. Mem bers of the government were certain they could secure his approval by telephone. Meanwhile, speculation on the part the nazls might play In the new government was upset by a vehement editorial In the nazt Berlin organ, Der Angrlff, demanding for the Nazis " a decisive Influence in the govern ment's course." OLYMPICS SWIMMING STADIUM, Los Angeles, Aug. 0. (P) One world's record and two more Olympic marks were cast Into the discard today as the aquatlo artists of the world swept through the morning events of the fourth day of the tenth Olym piad swimming championship. Eleanor Holm, from the New Tork Women's Swimming association, cut more thsn three seconds from the Olympic record of Maria Braun, Hol land, set In 1928. and also eclipsed Miss Braun's world record of 1:31 flat, set in 1830, when she propelled herself in reverse over the 100-meter backstroke distance in 1 minute 16 3 seconds. The Olympic record was 1:31.8. The other Olympic record to be sent to the bottom of the plunge was the 400-meter free style mark, set only yesterday. Takashl Yokohama, Japan, surpass ed his own record or 4:53.3, set In the preliminary heats, when he won his semi-finals heat, the first on the program today, In 4:51.4.. mm talks ON SEX SUBJECTS DENVER, Aug. ,9. Guy Edward (What-a-Man) Hudson, who came here last week looking for work, has found a job as lecturer. A newspaper advertisement announces he will talk on sex subjects at a thea ter, beginning Wednesday. The ad vert lae men t calls attention to the fact that he is Almee Semple Mc pherson Hutton's step-father, and "husband of Ma Kennedy." FOREST FIRES UNDER CONTROL, IS REPORT Fires In the state and national forests were all under control, with no new blades reported, according to reports from the state fire warden's office this afternoon and Rogue River national forest office. Valley View, Siskiyou and Butte creek fires were still under control today, state foresters reported. 4 FOR JUDGESHIP RACE A. W, Pipes, former mayor of Med ford, today fllf'd petitions aigned by 54 residents o.' Jackson county, ask ing that his name be placed on the November ballot as an Independent candidate for: county Judge. The sig natures represent all sections of the county. UNIONTOWN, Pa, Aug. o-fAP) The county relief order, Charles Maust, 84. decided, was hardly large enough to feed his wife and I've children. He stopped eating. Maust died last night In a hoe 2ti gf mainutrltiaxb RECORDS FALL IN OLYMPIC AQUATIC LINDBERGH BILLS F( Nursse Deposits Currency in Bank of Nova Scotia Claims She Got Money From Hampton, Va., Bank HALIFAX, H. S.. Aug. 9. (AP) Three twenty-dollar bllla, two tens and two fives, were definitely Identi fied today by police as bearing aerial numbera corresponding to thnre on ransom money paid In the L'ndbergb kidnaping case. Police said they did not know whether the plate number, a amall series In the right hand corns? of the bills, corresponded to those on the $50,000 In bllla thrown over a ceme tery hedge In the Bronx, b7 Dr. John P. Condon, on April a, a month and a day after the Lindbergh baby was kidnaped. The bills were deposited by Miss Carrie Anderson, a nurse of Hampton, Va., at the Bnnk of Nova Scotia at Albert, N. B.. last week. Bank offic ials turned them over to the Royal Canadian Mounted Police who wired their Information to Ottawa Sunday night. General McBrlen, head of the mounted police said he was Investi gating. A statement attributed to police at Moncton 'that plate numbera of the bills differed from those on the ransom money was refuted today when It was admitted the figures were not available for checking. MUs Anderson said she had obtain ed the $90, all the American money she had, from a bank In Hampton, Va. TOPIC IN ROTARY LUNCHEON MEET The subject of International bar riers as discussed in one of the rorum sessions at the recent interna tional convention of Rotary at Be attle, was the program theme of Medford Rotary club this noon. Ham ilton Patton, who attended the con vention and was present at this forum meeting, read a portion of the talks given by leading Rotarlans of England, Canada and the United States. , These speakers, while differing widely in their views of the solution of International problems, deplored the fact that high tariff walls and the financial status of debtor na tions are Interfering with world com. mere to the detriment of all na tions, both big and small. Aa one speaker brought out. with only two large creditor nations In the world anil the others without money to buy, the only way that trade can be carried on between them is by the payment of exports by Imports. Ships cannot be sent out empty to bring back other na tions' surplus supplies. The spirit of this forum session was the laying of all cards on the table and a free, friendly discussion looking toward a solution of difficulties which Ro tarlans all over the world1 could work for. It was announced today that Dr. Victor Morris of the University of Oregon wiil be present at next week's luncheon and will talk on "International Debts and Repara tions." Charles Furnas, vice-president, pre sided at today's meeting in place of President Lantls, who with D. A. Chambers, secretary. Is In attendance at the district conference of Rotary at Salem. 6120 LICENSES ISS0EOT0DATE Auto license permits Issued by -the sheriff's office up to this morn ing totalled IMS, for the period starting July 28 , Up to that time. 4205 licenses had been Issued in this county, according to the fig ures of the secretary of state's of fice. This makes the total Issued to date. 6120. It is estimated that applications made direct to Salem since July 20, will aggregate close to 1000. bring the total well past the 7000 mark. It Is estimated that the total num. ber of autos In the county will show a decrease of 1000 over last year, and that the 1913 auto census will show between 9000 and 0500 cars In the county. Captain Lee M. Bown of the state police said today that auto lata were purchasing their licenses as fast a possible, and that 2o or 30 car owners were experiencing difficulty, owing to faulty titles, and other legal reasons. He said this would be straightened out soon. The state police are maintaining a close check on foreign licenses. Thomas Named on U. S. Farm Board WASHrNOTON, Aug. . (JP Ernest B. Thorns, of Rushvllle, Ind ira appointed today by President Hoover to be a member ox Uie fed' (MM Kr& LIBIT ft QUICK FADE OUT AFTcW RELEASE ON BONDS P 1 - "w r 'if -4f v " RKIDSVlIXB, N. C, Aug. 1). (AP) Eight hours after she had made another spectnrtilar dash lnlo fterliiNlon, tilie whereabouts of Llhliy llol mnu, torch-slnglng widow of Smith Iteyiiolris, tobacco holr, uns as much of a mystery as ever today. A "fade out" as dramatic as any in her theatrical career again removed Llbby from the public gaze to which she returned yesterday for the few hours necessary to obtain her free dom under bond on a charge of kill ing her millionaire husband a month ago. The former Broadway blues singer called on all her knowledge of theat rical effects, of swift changes of roles and costumes for the stage setting of her 2 a. m. dash to a retreat, such as she has occupied since the Inquest at which a coroner's Jury held the heir to the Reynolds -tobacco fortune came to his death at the hands of a person or persons unknown. Yesterday It was a grief -bowed widow, ill from the strain of recent weeks, who appeared before Judge A, F. G. 0. P. DIES L, WASHINGTON, Aug.. fl. (AP) The death last night of Jamea Fran cis Burke of Pittsburg, general coun sel of the Republican national com mittee, leaves a major vacancy to be filled In the previously nearly completed party organization. The 63-year-old committee officer died only a few hours after he had conferred twice with President Hoover. In announcing his death, the White House aaid that the presi dent noticed Burke appeared 111 arid directed his physician. Dr. Joal T. Boone, to attend him.. Removed to the hospital at Dr. Boone orders, the commtttee coun sel died before midnight. The catme of death was given as coronary thrombosis. He had planned to Join Mrs. Burke and aatl from New York today for Europe, but the trip was cancelled on Dr. Boone'a advice. A successor to the Pennsylvania Republican, who had served four years aa committee counsel, will be chosen by the national committee. Plans for the funeral were not announced, pending the arrival of Mrs. Burke and a son, who started for Washington last night. MUs Krenlr. Leaves Having visited her brother-in-law and sister, Mr. and Mrs. O. Z. Howard of this city, Miss A. Krentz left by train this forenoon for her home In Portland. Stocks and Commodities Halt to Rest in Climb (By the AwMMiated Press) Securities and commodities took a rest today on the steep price grade they have been climbing so rapidly recently. All but cereals got a fair foothold for the stalemate liading sessions. Cotton, after slipping back a fifth of the big gain made yes terday, recovered the lost d 1st a nee and even nosed a trifle higher. Wheat and Its allied grains lost virtually all the ascent of Monday and could not gather enough strength to renew the climb. The failure to keep on up grade was due to those who averred that grains should not be dragged to the mountain top while avalanches of last year's crops were stilt hanging over the rising trull. Butter, eggs and wool easily maln- it ' ,S K . M. Stack at Wentworth, near here. after surrendering to the North Caro lina law at a roadside filling station. Today mourning was not In evi dence as the young widow, flanked by two young men, appeared In the lobby of a hotel here, and after mak ing sure there was "nobody around,' hurriedly entered a large sedan and sped away Into the darkness. Instead of yesterday's sombre black gown and heavy veil, Llbby today wore a snappy sports outfit ot tan, with a comparatively short skirt and a matching sweater closely moulded to her figure. Yesterday's small black hat gave way to a light colored boret. The veil was gone, too, but lu its place were dark glasses. Her companions were Alfred Hol man, Jr., her brother, and another youth as yet unidentified. GET GOOD HAUL IN LOCAL VISIT A man by the name of Charles Wells Is being sought by city police, for issuing checks amounting to $45 at the Safeway stores, and $65 at the local J. C. Penney store. The checks, returned because of Insufficient funds, were placed In the hands of city police. The local bank on which the checks were drawn reported only $3 was In the account. On August 1, Wells had deposited $175. According to the officers, the man ager accepted a check for $10, which was honored at the bank, but the subsequent checks could not be cashed, due to the lack of money In the account. Officers were abio searching for W. S. Hlbbs, who passed two checks, one for $2.98, and the other for $5 at the Penney store, the latter part of July. Two checks, each for $1.25 were at the police station today, be ing turned over by the Yellow Cab company. Hlbbs, they said, had paid hla taxi fare twice to route 4, Med ford, where he resided with his wife for a few days. On one of the checks, Hlbbs listed his address as Route 4. Box 53, and on another, Box 612, Hilt, Calif. TOUNOSTOWN, l, Aug. 0(j) The Ohio works of the Carnegie Steel company here. Idle for three weeks, resumed operations today, calling thousand of workers back to part time Jobs. the upward movement started a few weeks ago. Livestock, which pio neered the steep upward path, did likewise. In the stock market, there was a revolt by bears, who have been prod dd unmercifully up the hill by de termined bulls. Borne who oppose the rise were said to have lost heavily of late. The holding back of these bears was Mid to be abetted by con servative bulla, who said the better system of mountain climbing called for relaxation In efforts from time to time. At times stocks touched yester days closing figures, but the higher ground proved slippery, although re cessions were not violent. Silver rose a cent an ounce, to make a total ft cent gain from the lowest depth the whlt metal has 0-C TAX REFUND ' TOTALS REDUCED BY LEVY SLASHES Jackson County's Claim for Year Will Be $60,242 Says Assessor $92,938 Received in Past Year Jackson oounty'a claim for money from the O.-O. tax refund monies for this year, will total 90,242 .47, according to figures compiled and completed by the assessor's office yes terday. The amount of federal money received from thla source In 1031 was $92,938 32. The reduction of $32,090.32 was due to the cut In county levies, according to County Assessor J. B. Coleman, The amount to the county la pro rated on the amount of the county levy and the economy of last fall Js now reflected In the total receipts from the federal fund, the assessor said. The general, special, road and spec ial school funds are the chief suf ferera by county levy slashes. The general road fund ahare of the O.-O. money, according to the fig ures of the assessor's office this year, will be $43,308.66. Last year It to talled $57,714.47, a reduction of $14.- 405.81. This year the special school fund will receive $16,493.48. Last year the total was $22,038.11, a cut of $5, 544.83. The special road fund will be cut from $13,178.83 to $432.80. All road districts in the county, In the econ omy wave, except two, cast out spec ial levies, une prospect and Butt Falls districts voted greatly reduced special levies which totalled $32.80. Prospect la apportioned $117.59, and Butte Falls $315.21. Last fall all the road districts were advised that the abolition of levies would reduce the O.-C. appor tionment, and besides cut employ ment ror district residents. The mat ter was broached at the tax protest meeting. The claim, as prepared by the as sessor's office, will be presented tot the treasury department at an early date, and if the custom of previous years Is followed, will be paid early In October. ... MISS POPULARITY ComrtAtlilnn tnr f1rt !, I. M, Llona club rirmulArlfv mntMk tutlniy conducted at the Fox Cratarlan the at, la running between Mlaa Mar Jorle Marshall and Mlaa Ruby Stone, nccoramir to memnera or tne Lion Committee. Mlaa Marahnll , win ner of first place last week. m a clone cluster for third honor are Jean Hamilton, Dorothy Pankey and Lucille Llttrell. Numerous nrl?M am m.... for the event, the grand prize being an alrolane trln tn Hniiran Adrienne will give a dress to the win- ncr, ana Jaque Lenox, hosiery and lingerie. Second place winner will oi uruen watch donated by Bronhy'a the commlttm nounced. Mtlch Interest fa Hln the contest, according to report, and suuin were listed thl week. ROGERS 'says; BEVERLY HILLS. Cal., 'Aug. 8. Bcon telling you for a year what these Republicans would do with that market just la time to knock the poor inoffen sive Democrats out of their? hard-earned votes in Novem ber. Now they are all just s buying and selling among themselves in stocks that hnven't shown a cent of In creased earning power. That shows the thing Is" kinder "cockeyed." The earn, ings should come first and then the raise in price of stock. Like everything that is rear ranged, it's kinder overdone. As dumb as we are we know we. can't get prosperous that' quick. But one good thing about it all is that it might have a lasting result. But don't forget the original idea of it was to beat the poor old Demo crats who never did anybody any harm in their lives. Yours, 1 .atVVtWM! llWtiaaVlM.7
