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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 5, 1934)
PAGE SEVEN E HEAVY E 10 BE FIELD Tl I SIX MEDFORD MAIL TRIBUNE, MEDFORD, OREGON, FRIDAY, JANUARY 5, 1934. Funds for Country-Wide Undertaking Provided by CWA Mrs. A. E. Reames Supervisor for Large Area Plana for the forthcoming census of American business have been com pleted, according to Director of the Census William L. Austin, it was an nounced In a press release received here today, and the 16,000 supervisors and enumerators will begin their du ties in every section of the United States this week. Mrs. A. B. Reames of tfila ty, re cently named supervisor of the sec ond district, will have In her Juris diction the work In Douglas, Lane. Josephine, Jackson, Coos and Curry counties. Fundi Provided By CWA Funds for this Important under taking will be furnished by the civil ,. amintiitrniinn. The census will cover every retail and wholesale organization and most service ana amusement businesses, and will fur nih t.h first acourate measurement of the effect of the depression on these businesses, it win dg extreme ly valuable to compare such basic xafa si omninvment. salaries and wages, total business, and expenses during a year of depression (1933) with those obtaining In a year of vrv-iarMrltv MG291. The census of business will afford temporary employment to approxi- ,oHr Ana nprtnn for flVPrV 140 DUS- lness establishments In the United States. It Is expected to canvass over two and a quarter million es tablishments. Every town and city will, no doubt, share in the em ninvmpnt oDDortunltles afforded by this nation-wide enumeration. It Is calculated to provide over two and one-half million man noura oi em ployment. These employes will be recruited through the local United States employment offices. Questionnaire Provided t mniTA it Dossible to complete the work in the field by February 15, 1034, and to enable business men to supply the Information readily, ft questionnaire has been prepared of but eight questions on ft single sheet. These questions call for an accu rate description of the business es tablishments canvassed, the kind of merchandise handled or service of fered for sale, the principal func tions performed, the employment given during the year 1933 to men and women on a part-time and full time basis, the salaries and wages paid to such employes, other operat ing expenses incurred, the net sales or other operating receipts of the business, its stocks on hand at the last inventory date, and the amount of business done on a credit basis. Will Trace Dollnrs Since this is the first time that service businesses and amusements are Included In a census. It will be possible to ascertain where the con sumer's dollar Is spent, in what kind of stores, for what kinds of merchan dise .and how much of It Is spent for services and amusement. After all. the consumer Is the foundation stone of our entire business structure, ac cording to Director Austin. All plan ning must therefore be based on that foundation, concerning which accu rate knowledge Is essential. The complete employment data re sult from the census of business will show relative employment opportuni ties in the different distributing, service and amusement businesses which absorb about one-fifth of all persons gainfully employed in this country. The seasonal fluctuations in employment from month to month will be an aid to seasonal planning for the Individual ousiness man and for the community and will make possible anticipation of part-time and full-time employment with fair accuracy. Information Secret All Information obtained will be held In strict confidence by the gov ernment, but through the basic data to be supplied by the census business men should be able to make com parative studies for future planning. This may lead toward greater effi ciency in operating methods and poli cies. Now that collective action Is made possible by the national re covery administration, trade associa tions can plan the activities of their respective groups not on "hunches" but on the basis of facta. Never be fore, In the opinion of Director Aus tin, has there been such urgent need for accurate and adequate business facts as now when code enforcement la made necessary. Certainly no planning on a national scale can even be contemplated without a com plete inventory of each business community as of ft recent date. The census of business will supply this need. Speed, accuracy and completeness are the watchwords of the officials in charge of the project. The fullest co-operation is expected of all busi ness men, large and small, once they appreciate the value of the un dertaking. It la also deemed a con crete way of contributing to a speedy and efficient business recovery, to which every business man should re spond unstintingly and wholeheart- urilv. Value Demonstrated In many respects this census of business will be comparable with the 1929 census of dis'rlbutlon. The great value of the 1929 census has been demonstrated during the cur rent year in the process of organiz ing business codps and In the prepa ration of a background for economic planning. This new census will en rmnre the value of the 1929 census to a groat degree by reason the comparison which will be poulble. Firms and individuals desirlnc; copies of the 1929 census may pro cure them at a nominal price by ad dressing the Superintendent of Doc uments. Government Printing Office, Washington, D. C. The printing of fice has a larce supply on hand In anticipation of the demand expected to ensue In mnr'l im with the puhlifstmn of tVr rip.i gathered in the preaent undeiUJUng. Financial Leaders Recall Liberty Loan Drive of War Time After Reading Presi dent's Budget Message By CLAUDE A. JAGGER Associated Press Financial Editor NEW YORK, Jan. a. (AP) Finan cial leaders recalled the liberty loan drives of the world war today follow ing President Roosevelt's word to congress that the government must borrow $6,000,000,000 in additional funds during the next six months. Not since the treasury fiscal year ending June 30, 1919, has the coun try seen federal borrowing on such a scale. In those 13 months the government borrowed approximtely 13,000,000,000. See No Public Drives Seeking possible sources of demand for such & volume of federal bonds at this time, however, bond experts were not inclined to look for the ap peals for public bond buying such as those of the war period. Member banks of the federal re serve system have excess reserves of approximately $800,000,000, which In theory would permit the banks alone to expand credit to a maximum of (8,000,000,000. Practically, the figure presumably .would not be so large. But a number of bond market ex perts thought that with favorable conditions the 6.000.000.000 In addi tional government bonds could be sold through normal channels In a six-month period, largely to banks, Investing institutions and persons normally buyers of such bonds. No Unorthodox Steps It was noted that the president's budget message spoke only of borrow ing, and did not Indicate any plan of resorting to any unorthodox steps such as printing unsecured paper money. It was also noted that the presi dent failed to mention a very large potential source of credit expansion In devaluation of the gold dollar. While New York financial leaders are mostly horrified at the thought of "greenbacks," devaluation is now widely accepted as inevitable. The present gold price Indicates a de valuation of the dollar to aproxl mately 60 per cent of Its former par ity, and at the last session of con gress the president was empowered to devalue It to as little as 50 per cent. Devaluation Would Aid Should the dollar be devalued 00 per cent, the present stock of mone tary gold in the country now carried at its old parity, amounting to $4, 300,000,000, would become $8,000,000, 000. If, as in theory, each gold dollar permits a maximum credit expansion of ilO, the additional 64,300,000,000 would support total additional credit Of 043,000,000,000. Prom the fact that the budget message however, made no reference to the prospective Increase in the gold base as source of expanding gov ernment credit, some observers in Wall Street Inclined to the belief that w.hen devaluation docs come it may be used to reduce rather than Increase the government debt. It was recalled that such a policy was pursued when Prance formally com pleted devaluation In 1028. WASHINGTON (UP) The Forest Service branch of the Department of Agriculture at Albuquerque, N. Ml, submits the following psalm, com posed by Che Conservation corps: The 'C. C. C. Psalm Roosevelt's my shepherd, I shall not want; He maketh me to tie down on a straw mattress; He leadeth me Inside a mess hall; He res to re th my Job. He leadeth me in the paths of Re forestation For his country' sake. Yea, though I walk through the Talley Of the shadows of poison oak and try, I will fear no evil, for he Is with me. He preparest a saw and an axe before me In the presence of my commanding officer. He anolntest my mind with discipline. My shoes runneth over from march- in. Surely Beans and Employment will follow me All the days of Roosevelt's ad mini' tratlon, And I shall dwell In a tent Forever. A coin in the collection of D. E. Decker, of Sslem, Ore., Is dated 604 B. C. CfcS COUGH DRop . . . Real Throat relief) Medicated with Ingredi ents of Vicks VapoRub 1934 MEMBERSHIPS re now .reliable SWEM'S BOOK CLUB You nlll alnays firm new and In terfiling book, to read here no mutter whit joiir Lite may bt. Subscribe Now For a Year' Membership lit The M. M. Department Store's Cotton Crepes and Rayon Print, and Checks. A real bargain. Beau tiful pattern, (or street and acboot dresses. Buy now and make them to be ready with something new when the flnt warm spring days arrlTe. Beg. price is 69c. Sale price, per yard 39c Silk Remnants An attractive assortment of silk rem nants. Plain and printed patterns In flat crepe, satin and fancy weave. A wonder ful opportunity to buy silk for blouses. Some pieces large enough, for whole dresses and desirable pieces to renovate garments. Sale price. V2 price Italian Rayon Spread Regular price was $4.95. Rose color only. Jnst think how bright and cheerful It will make the room after spring clean ing when we alt want something new. See how yon can save now and It's the thrifty housewife who buys now. Sale price $2,95 Pequot Sheets 81 by 99 sheets. Regular ll.flfl. 4-year guarantee. Yon all know the Pequot sheets. They need no explanation. Size 81x99. Reg. $1.69 Sale price 1... $1.39 Size 81x108. Reg. $1.75, Sale price $1.49 72x99, Reg. $1.50, Sale price $1.29 Pillow Cases 29 Other Seamless Sheets, 81x90 79 Van Raalte Undergarments Berular price $1.95 for these Tan Raalte combinations In flesh or white. Those lovely fitted stylet, plain or striped. Every woman likes dainty underthlngi and this Is your opportunity to hare them at a big saving. $1.00 Silk and Wool Hose These hose are a real comfort on snappy mornings and, being full fashioned, they look nice. Reg. $1.49. Recovery sale price 98c BLEACHED HOPE MUSLIN Reg. 15o. Special, 5 yards for BOYS' KNICKERS Sizes 8 to 16 years. Dark or medium col ors. A few cords in this lot. Some former ly sold for $1.95. Sale price 49c CHILDREN'S DRESSES Cotton knitted dresses in all colors. Sizes 6 to 14 yrs. Pretty styles and colors. Reg. $1.29. Special 89c Annual Store-Wide Clearance Brings These Exceptional Values if DRESS Reductions! Women's Dresses Buy two for yourself or bring friend with yon and tara money on an early spring dress. Good assortment of sizes 14 to 46. All soles flnnl, no exchanges, no refunds. $6.95 Two dresses $10 Women's Dresses One group of afternoon frocks and formats. Also eTenlng wraps closing out at Vz price Women's Dresses Our expensive dresses are group ed on this rack. Silk and wool styles and some formats, din ner dresses and street dresses. Your choice $4.95 ' Savings For All the Family! BARGAIN SHOES MEN'S WOMEN'S CHILDREN'S Women's Oxfords $1.79 $1.98 $2.45 Children's Tan or Black Oxfords $1.00 Men's Oxfords ,. $1.98 to $3.98 Boys' Oxfords . ., . $1.98 to $2.98 Candy Bar to every boy or girl that buys a pair of shoes! 0. A. MEEKER, Men's Work Pants .., Full cut. All sizes Moleskin Pants $2.19 Whipcord Extra Heavy Pants $1.49 Cotton Worsted Heavy Pants $1.49 Men's Sweaters Mixed wool, brown 91. .95 Brown Heather $2.45 Brown or Gray Mixture $3.45 Men's Dress Shoes On lot of broken sizes. Brown or black oxfords. Reg. $4.95. Sale price $1.98 Men's Dress Oxfords In this lot are values to $5.95. Brok en sizes so come early for selection. $2.98 Men's Work Shoes $3.25 Values $2.89 $3.45 Values $2.98 $4.95 Values $4.45 M. M. DEPT. STORE Prop. COAT Reductions! Women's Coats Erery coat In stock b Included In this lot. Dress, sport and fur trimmed coats. All selling at V2 price Sweaters and Children's Dresses Bright snappy colors In brush ed wool sweaters 13.45 S4.4S Children's Wool Dresses, T to 14 it.98 Print Presses . $1.50 11.00 These are fine school dresses. Corselettes Closing ont on broken sites In corselettes. Every size may b. found on this table. A splen did opportunity to buy good foundation garment at true saving. V2 price Plain sizes Sixth and Ceutral Sts. Women's Fall Shoes Main floor department offers clearance prices on shoes. $2.95 pumps and oxfords. $2.45 $3.95 pumps and oxfords. $2.95 $4.95 pumps and oxfords. $3.95 Big savings buy now I v Enna Jettick Shoes Discontinued styles that are good looking. Reg, $6.00 nation-wide sale of Enna-Jetticks now $3.45 Dotted Marquisette Close-out in short lengths of mar quisette. Values to 35c. Good lengths for single windows. 19c Ruffled Curtains Be ready to dress up your win dows when spring is here. Reg. price is 98o. Plain and figured. Per pair 59c Damask Cord Drapery Regular $1.25 draperies, 50 Inches wide. Blue, rose and gold. This it an exceptionally good price on this drapery. 89c Silk Hosiery This lot of close-outs in chiffon and service weight hosiery is ft real bargain. An assortment of sizes and colors. Good shades for winter and early spring in well known brands. 69c WOMEN'S DRESSES Fast color prints. Blzes 12 to 20 and 38 to 44. All good styles and patterns. Regular $1.25. Speolal WOMEN'S RAYON HOSE All new shades. Extra stretch tops. Sizes iyi to 10. Reg. 69o. Special 39c MEN'S DRESS SHIRTS and fancy broadcloth shirts. All to 17, Reg. 98o and $1.45. Special 69c
