PAGE SEVEN
E
HEAVY
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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
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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