PAGE FIVE
After The War
Babson Point Out Some Coming Changes
Babson Park, Mass., July 31 Our first Job is to win the
war. It would be far better for all of us to concentrate on this
task rather than to think about what's coming afterward. How
ever, it is characteristic of our people to look ahead, to move
swiftly from one task to another and to continually think up
something new to worry about! Hence, already some of the
boys in Washington are laying long-range plans and the public
itself is concerned over the post-armistice period. Here are my
brief thoughts on the subject:
Long Armistice
Seen Probable
The fighting part of the war
may end suddenly. Transporta
tion is still our worst bottle
neck. Once that is licked, the
weight of our arms and man--power
will be felt throughout
fthe world. Hitler naturally is
trying to reach his goals before
that time comes. Moreover,
losses on the eastern front may
reach a point where both sides
will suddenly decide upon an
armistice without, however,
either Germany or Russia tak
ing a decisive beating.
Hitler's successes in Africa
and Egypt were accomplished
by only an extremely small
fraction of his armed forces.
At the same time, they were
valuable for home propaganda
purposes. Rommel . can now
lose as well as win. In neither
event will the final course of
the war be much changed. The
real war is being fought on the
Russian front It is foolish now
to forecast the result. We, how
ever, will know much more in
four months. Then an intelli-
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trni
' gent forecast can be made.
Armament Program
Will Continue
Russia has stated that her in
tent is only to clear her own
country ol the enemy. Whether,
ii the time comes, she can or
will pass over into German ter
ritory is at least questionable.
Both sides may, by winter, be
worn to a frazzle. Ii so. an
armed truce lasting for years
may suddenly be announced.
This, however, would not in
clude Japan, but her phase of
the war is the lesser. Hitler
must first be stalemated, or
knocked out.
In this event, we would con
tinue to send men and muni
tions abroad. Perhaps for years
it may be necessary for us to
play an important part In the
policing of much of the world.
Under such conditions our ar
mament industry would by no
means re-convert overnight to
the manufacture of peacetime
goods. A very- substantial
amount of war material will be
lost between now and any ar
mistice period. Furthermore,
dut to the rapid advance of
technological processes, much
equipment will become out
moded. During the period of
any armistice and even after the
treaties are signed, I expect to
see the production of the imple
ments oi war continue. We are
not going to be caught again
soon.
Will a Financial
Depression Follow?
The costs of maintaining an
armed truce will be consider
ably less than fighting a war.
Hence, I expect to see a marked
easing of the individual and cor
porate tax load. The present
outlook for the national debt
does not alarm me. To keep
the debt in hand, all that is
necessary is for the government
to keep up the payments of in
terest. This it will easily be
capable of doing. The gradual
j redemption of war bonds and
i the increasing demand for such
I peacetime goods which will
then no longer be restricted
make it fairly certain that we
will not go to the financial
bowwows at the war's end.
Short-term money rates should
rise. The stock market will be
relieved of its burden of fear
and once again we may have
2,000, 000-share days. The effects
of the Social Security act should
begin to be felt. Tourist travel
will rise and again Florida,
California and the southwest
may find themselves highly
prosperous. Speaking of travel,
if I were 40 years younger I
would be awfully tempted to get
into the travel agency business.
There will be a lot of cheap ex
cursion rates on a world scale,
when the war is over. Can you
imagine how badly mamma,
papa and sister will want then
to see the far-away places where
their soldier boy has been?
They'll sure all go over for a
"look-see" some day.
Business Changes , ...
Ahead For U. S.
In peacetime only a few pro
gressive concerns maintain re
search departments for the im
provement of old and the de
velopment of new products. It
is difficult to get directors or
stockholders of most concerns to
vote funds for the maintenance
of such departments. In war
time the scientists have a field
day. Then, new products and
substitutes develop rapidly. Out
of them come conveniences and
benefits which later peacetime
civilian life enjoys. In fact, we
enjoy them so much and living
becomes so easy that in a short
time we become soft and wake
up to another war.
In the post-war period, we
shall have an industrial face
lifting. As the armament in
dustry declines in activity, both
the old and the new industries
will again become active. Sub
stitutes for silk, rubber, fibers,
woolen and other products will
be in every-day use. The use
of steel may decline, but alum
inum, magnesium, or some other
metal will take its place. In
dustrial consultants will play an
important part in our post-war
conversion period. Salesmen
will again be in demand to ex
plain new wares to buyers. Ad
vertising will be necessary to
acquaint the public with many
new items of civilian use. There
I will be plenty of prosperous
1 businesses and Jobs for the
nimble-minded who are willing
to work hard and save money.
Of course, sometime there will
be a sad day of reckoning for
our present vast expenditures
' and experiments, but this should
not come until after a post-war
' boom.
Irene Dunne In Sunday Comedy
Eugene Pallette and Patrick
Knowles play opposite Irene
Dunne in her newest comedy hit,
"Lady in a Jam", which comes
to the Craterian theatre Sunday
for a three day run. Miss Dunne
plays a hairbrained heiress who
goes broke on wall Street and
Prospect
Prospect, July 31 (Spl.)
Mrs. Pete Sorensen and Mrs.
Clifford Clarke were hostesses
for an afternoon birthday party,
honoring their little daughters.
Eileen Louise Sorensen, and
Donna Clarke, Tuesday, on the
lawn at Grieve'i resort. Games
were played and refreshments
were served later to the guests
of honor, Eileen Louise, and
Donna, and Janet and Jimmy
Gibson, Lennell, Laurine, and
Dorothy Gaines, Vera, Shirley
and John Stevens. Gene Netto,
Eldon GilFrancis. Harold Moore,
Diane Skeeters. Floyd Sorensen,
Jan Gilhausen, Mrs. Roy Moore.
Mrs. George Fuller, list. Ever
moves off to the desert to take
over a run-down gold mine. The
ghosts in the ghost-fown prove
to be no even match for the
ghosts in her closet which insist
upon popping up at the most in
opportune times. Ralph Bellamy
is also in the cast.
inc with the army engineer la Be
mule, went to Alaska recently, and
la working at Sitka.
Mr. and Mr. Lester Wilton, for
mer Prospect resident when Mr.
Wilson was on the high school fac
ulty for three years, spent the week
end tiers as guests of Mr. and Mr.
Wallace Dtnkena. The Wilson's are
employed at Camp White, this sum
mer, snd will return in September
to Oaston, Oregon, where he Is sup
erintendent of schools.
The Portuguese colony of Mo
zambique, in Africa, it equal
to the combined areas of Texas
and Louisiana.
The chances are one in 10
that a bride of 25 and bride
groom of 30 will survive to
celebrate their golden wedding
together.
Army bakers average 147.1T
pounds of bread for every 100
pounds of flour.
FRENCH COMMUNISTS
EXECUTED ENMASSE
Vichy, Unoccupied France, ;
July 31. (P) Dispatches from
Paris reported the execution to
day of 17 persons at Champlg
neulles, near Nancy, in occupied
northeastern France. They were
accused of being communists.
Locomotives and freight cars
are built in Britain to transport j
supplies to Russia over the
Persian railroads.
The United States automotive
industry is comprised of 986
plants in 31 states. I
OWING TO TIRE AND
LABOR SHORTAGE.
Boyd's Market
rill
Discontinue All Delivery Service
beginning August 3rd. We regret this
Inconvenience, but will endeavor to serve
you to the best of our ability.
Holly Has Army Comedy Sunday
111. In n y
Judy Canova is In a Jam and
has to find a safe hideout so
she joins the army, unbeknown
to Top-Sergeant Jerry Calonna
in "True to the Army", hilarious
army-camp comedy with Allan
Jones which comes to the Holly
theatre Sunday for a three day
fun-run.
"Dudes Are Pretty People"
with Joan Woodbury, Noah
Beery, Jr., and Jimmy Rogers
(son of Will Rogers), will play
as the added feature.
Mickey Stars In Rialto's "Fantasia"
-mmmmmm , ,, 4 , ,
Mickey Mouse is only one of
five hundred-odd characters in
Walt Disney's amazing "Fan
tasia", which opens today at the
Rialto theatre for a one-week
engagement. The picture h
hailed as the climax to all of
Walt Disney's full feature-length
cartoons and is filmed in Technicolor.
ett Skeeters, Mrs. Leonard
Gaines, Mrs. Corabel Ramsey,
Mrs. Leslie Gibson, Mrs. Ernest
Francis, Mrs. Joe Staevens, and
the hostesses, Mrs. Sorensen and
Mrs. Clarke.
Mr. and Mn. Olenn Palrchlld, Sr.,
wr ummoned to Rowburg, Tues
day by a telephone message stating
that their son-in-law, Ceford Gar
outte, of Sutherltn. was seriously In
jured And confined at the Mercy
hospital. Mr. Garoutte is well known
here, ss he lived In this locality
during the winter and spring while
convalescing from Injuries received
In a truck wreck last September.
Mr. and Mrs. Paul Snook returned
from Hubbard, Oregon, recently,
when they attended the funeral of
th latter' mother. Their two sons,
Stanley and Eugene, remained at
Hubbard, and wilt work In the bean
harvest the next few weeks.
Mr. and Mrs. Richard Wayman and
children, Mildred and Jimmy, have
moved from one of the cottages
near the Elk Creek bridge, to the
log cabin recently vacated by Mr.
and Mrs. Lewis Robertson and fam
ily. The Robertson's moved to the
Horton house on the Flounce Rock
road, when Mr. and Mrs. Horton
took up resldenoe In their new
house on the Evergreen Ranch.
According to word received here
by friends, Harold Kludt, who has
been In the U. S. air corps slnoe
March, Is stationed In the Panama
Canal Zone, at th present time.
Another house 1 under construc
tion at Janteer VUlage. It will be
16 by 38 feet In slse, locsted be
tween the Wayman and Bahr houses,
snd will be occupied by Mr. and
Mrs. Henry Dufur and family.
Mr. and Mrs. Oeorge Puller re
turned to their home at Rlckreall,
Oregon. Thursday, after spending the
past two months here looking after
timber Interests.
Robert Dickey, who left here
after graduation from the local high
school In May, and had been work-
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500 unit 89c
1000 unit 51.59
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WORLD ATLAS
By RAND McNALLY 40 Up-to-Date
Pages In Full Color........
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