Medford mail tribune. (Medford, Or.) 1909-1989, May 06, 1956, Image 4

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Medford mail tribune., May 06, 1956, Image 4

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Newspaper Page TextrOUR MEDrORD (OREGON! "Zverybody In Southern Oregon Reads The Mall Tribune" Published Daily Except Saturday by MEDFORD PRINTING CO. 17-89 Korth Fir St. Phone 2-8141 ROBERT W. RUHL. Editor EERB GREY, AdverttJlcg Manager GERALD LATHAM. Business Manager ERIC ALLEN JR. Managing Editor EARL H. ADAMS. City Editor BARRY CHIP MAN, Telegraph Editor RICHARD JEWETT Sports Editor OLIVE ST ARCHER Society Editor DALE ERICKSOK, Circulation Mgr. An Independent Newipaper Entered a second claja matter at Madiord. Oregon, under Act of March 3. 1897 SUBSCRIPTION RATES By Mall In Advance: Per Copy 10c. Dally and Sunday On year $13.00 Dally and Sunday Sis months 6.50 Daily and Sunday Three mo. 3 JO Sunday Only One year 13.50. By Carrier In Advance Medford. Ashland. Central Point. Eagle Point, Jacksonville. Gold Hill. Phoenix Shady Cove. Rogue River. Talent, and on motor routes: Daily and Sunday One year 113.00 Daily and Sunday One month 1.25 Carrier and Dealers 5c per copy All Terms Cash in Advance Official Paper of the City of Medford Official Paper of Jackson County United Press Full Leased Wire MEMBER OF AUDIT BUREAU OF CIRCULATION AHvrtiiiiriff Reeresentative: WEST-HOLLIDAY COMPANY INC. Offices in New York. Chicago. .De troit. Stn Francisco. Los Angeles. Seattle. Portland. St. Louis. Atlanta. Vancouver. B.C. NATIONAL EDITORIAL ASSOCIATION nnrcnr NEWSPAPER PUBLISHERS ASSOCIATION Flight o' Time Medford and Jackson County History from the files of The Mall Tribune 10, 20. 30 and 10 years ago. 10 YEARS AGO Mar 6, 1946 (It was Monday) A warmer month with more sunshine and fewer April showers recorded last month by the weather bureau here. From Arthur Perry's Ye Smudge Pot column: The city park grass, barbered by Thomas (Hungry) Higgins is now on a par with the Baptist church There is no truth in the rumor, this is due to Thomas attending the Baptist Sunday school. 10 YEARS AGO May 6, 1936 (It was Wednesday) Sale of part of the old city market property on South River side ave. to P. T. Young for $5,500 authorized by city coun cil. Federal regulations received by Postmaster Frank DeSouza emphasize that World War vet erans service bonds and checks may be delivered only to ad dresses listed at post office. SO YEARS AGO Mar 1928 Ot was Thursday) Bicycle day next Saturday will be a big event according to enthusiasm and interest by ma jority of cyclists in the city. The Pageant association calls first meeting of those wishing to take part in this year's pro duction. 40 YEARS AGO Mar 6, 1916 (It was Saturday) Children within walking and riding distance of Page theater see "Let Katy Do It," the Giffith contribution on the Triangle program. Petitions in circulation in Jackson county by German Americans, protesting to con gress against the United States declaring war with any country. What's the Answer? Can You Gel 4 of the 7? Co of. 1953. Editorial Research Report 1. Pulitzer Prizes were found ed by a U.S. newspaper publish er, Swedish explosives maker, U.S. copper magnate, or British capitalist in South Africa? 2. U.S. corporations as a whole are paying out about 25 percent, 50 percent, or 75 per cent of their profits in dividends to stockholders these days? 3. Harry S. Truman has come out for Adlai E. Stevenson as 1956 Democratic presidential nominee: right or wrong? 4. The word "eagle" is used In what game? 5. On an average day the U.S. Patent Office gets (a) 13, (b) 30, (c) 130, (d) 300, or (e) 1,300 applications for patents? 6. Turkey is or isn't a mem ber of the Arab League? 7. James O. Eastland is a Democratic U.S. Senator from Alabama, Arkansas, Mississippi, Missouri, or South Carolina? The Answers: 1 U.S. publish er Joseph PulUser. 2. About 50 percent. 3. Wrong. 4. Golf. 5. 300. S. Isn't 7. Mississippi. ON HUNGER STRIKE . Madison, Wis. (U.R) Six Quakers Saturday started the second and final day of their 48-hour hunger strike in protest of the. U.S. H-bomb tests being conducted in the Pacific. The six plan to live on liquids until breakfast this morning. MAIL TRIBUNE How About "Give Aways?" That was a wonderful line delivered by Adlai Stevenson on his recent visit when he said Senator Wayne Morse is one of Oregon's great natural assets. "Don't let the GOP give HIM away," was his warning. As is often the case with the former Governor of Illinois, that remark hit the bull's eye with a smack, but also with a smile. And that quality is rare in Big League politics at the present time. So few have a sense of humor, so many are full of pomposity and platitudes and take themselves with so much more seriousness than any one else does. Adlai, in short, is win, lose or draw rare and refreshing. DUT HOW ABOUT Secretary of the Interior Mc Kay and his "give away" policies? We believe many voters would like to have the facts free from double-talk or partisan prejudices on either side. We would suggest such people read the leading article in this month's "Harper's" by the veteran Washington correspondent Warren Unna entitled "Republican Give Aways, the Charges and the Facts." Harper's certainly has no partisan axe to grind, is one of America's leading monthly magazines and one of the oldest with the highest reputation for integrity and accuracy. Yet its indictment of the McKay admin istration from the "give away" standpoint is, in our judgment, overwhelming and unanswerable. THAT former Secretary McKay might not deny this is indicated by the fact when asked about his "give aways" program the other day in Corvallis he made no explicit answer, but flew into a rage, ac cused the inquirer of being a "New Dealer," then de nied give away charges in toto. They added up, he said, to phoney political claptrap, conjured up by his enemies with no regard for the record or the truth. Harper's magazine and correspondent Warren Unna don't seem to agree with him. WE REGRET space doesn't permit reproducing the article in full but here are some of the main counts in condensed form quote : "By March of this year in six major instances pieces of Federal property or national rights have been passed, sold or surrendered to private hands. Here they are: (1) "The National Wildlife refuges heretofore sacrosanct have been opened to the oil drilling rigs of the oil indus try. In August 1953, not long after coming into office Secretary McKay issued a stop-order on further leasing. Then began some of the choicest bits of double-talk heard in Washington for some time. Interior now concedes it grant ed some 274 leases between the time the stop-order began and last December 2nd when it was revoked!" Nice work if the oil companies can get it, and thanks to Secretary of the Interior McKay they got it. No Give Away? (2) "A sizeable parcel of National Forest timber in Ore gon is now being cut over by a private company under the legalistic guise of complying with the Federal mineral laws." "Previous administrations, aware that high lumber pric es induce 'timber mining,' kept a wary eye out for applica tions on these forest lands ight of the (Al Sarena) claims were granted. But 15 others, totalling 2QS acres were denied after the Bureau of Land Management, the Forest Service and several private assay firms had failed to find sufficient evidence to justify putting the mine back in operation; also failed to find sufficient evidence of gold or silver ore to just ify either Al Sarena in the digging or ths government in ced ing its land for the nominal price of $5 an acre." IT HAD BEEN an established custom in the past, to grant no such mining claims unless they were authorized by either the Forest Service or the Bureau of Land Management, or both, but in this case by go ing to Mobile, Alabama for assays, and to the Bureau of Mines for an OK, on mineral content, these two agencies were successfully by-passed, and the private firm got the timber at a profit of over $100,000. Again, nice work if you can get it, and THEY got it! (3) "At least one parcel of the National Forest in Minne sota has gone into private hands through a secret long-term lease. "International Nickel Company asked the Democratic administration for a 99-year lease on 12,000 acres. It got no where. Once the Republicans came in the company con fronted the Forest Service with an Office of Defense Mobil ization letter, declaring the national welfare would be en dangered if -the (International Nickel company) request were not granted. Interior's Assistant Undersecretary Lewis told the company officials: 'If you gentlemen draft the kind of lease you want we will be glad to look it over.' " TOE "LOOKING OVER" process resulted in a 50- year irrevocable lease on this acreage of national forest land and when the details of this transaction were requested the same was denied by an official of the Interior Department, who declared the "memor andum of conversations with Assistant Secretary Lewis were in the secret files of Secretary McKay." (4) "The Federal Power Act has been rewritten through a sort of administrative fiat as the public-power advocates call it." This refers to Secretary McKay's withdrawal of his predecessor's objections to private development of the Hells Canyon project and his telling the Federal Power Commission "it would be nice if the Idaho Pow er company applications were approved." (5) "The government's $35,000,000 synthetic fuel plant has gone to the Hercules Powder Company for $5,000,000. Here the so-called give away ratio is 14 cents to the dollar. No give away? (6) "The traditional "wheeling' regulation which requir ed private power companies using federal power to transmit gome of this power over their own lines to such preference groups as cooperatives and public power companies has been abrogated." a OERE IS, in our judgment, the most serious charge in the Harper's indictment for the changes made in the "code" were not dictated by the Interior De partment but by the Pacific Gas and Electric Co.! Thirteen of this company's recommendations were copied verbatim, two were adopted in substance, and all found their way to the desk "of Under Secxe- Sunday, May 8, 1956 Matter of Fact By stewon aisoP By STEWART ALSOP FEELING THE PEOPLE'S PULSE II Chicago, HI. The rather ex hausting experience of inter viewing at some length 75 Amer ican voters of all shapes, sizes and shades of political opin ion leaves you with a curious jumble of rec ollections. You remem ber how nice and friendly people are, even when Stewart Aisop ineir privacy is invaded by total strangers. You remember how uninformed many are ("Harriman? Well, I can't rightly say who that is") and how inarticulate ("Why do I like Ike? Well, he just seems like an awful nice sort of per son"). You remember the shame ful squalor of the Negro slums here in Chicago (worse than any thing in Moscow), and the sense of modest prosperity elsewhere, with an underlayer of nervous ness about the future ("Why, there isn't a house or a car on this street that's paid for"). YOU remember also certain to tally unscientific, purely per sonal, but nevertheless very viv id political impressions. This re porter has brought away with him two such impressions. One is that President Eisen hower is stronger with the vot ers at least outside the farm areas than in 1952. The other is that something sad and mys terious has happened to tarnish the public image of Adlai E. Stevenson. This reporter embarked on the pulse-feeling expedition suspect ing that President Eisenhower's Today and By Walter NATO The spring meeting in Paris of the NATO powers has been pre ceded by considerable headshak- mg about the p r o s p ects of alliance. The Iceland p a r 1 i a ment would like the troP to go home. The French have moved large Walter Lippmann parts of their army from the central front in Germany to North Africa. The Germans are putting off a con scription law because' military service is unpopular and because business is booming. Just below the official surface in Germany there is a strong disposition to treat the German membership in NATO, not as vital to German securty but, as a bargaining point in dealing with the Soviets about reunification. As Germany and France are the two big countries most vul nerable to the Red army, the way they are behaving has made many, ask themselves whether NATO is disintegrating. I should like to argue that what is disintegrating is not the foun dation of NATO but a super structure that is obsolescent. HfHAT are the foundations of " NATO? They consist, to speak plainly, of a North Amer ican guarantee to go to war if there is a Soviet military aggres sion across the frontiers of the members of the NATO alliance. The fundamental idea is that if the United States, assisted by its NATO allies, has adequate mili tary forces in being, the commit ment to act at once will deter aggression. This was the original concep tion of the North Atlantic alli ance, and there is not the slight est reason for thinking that this fundamental guarantee is any less firm today than it ever was before. There is no doubt at all that the United States would go immediately to war if an aggres sive attack against the NATO territory were launched. - TTPON this fundamental guar antee there has been erected a superstructure not originally contemplated when the alliance was formed, consisting of an in ternational army. The super structure was added on the as sumption that if the Soviet un ion decided for a war of aggres sion, it would use the Red army to invade and conquer Western tary of the Interior Davis and, according to author Unna, were "promptly promulgated." In other words here we have the private power companies telling the government what to do and what not to do regarding their OWN regulation, in stead of the government laying down the law to the private power companies. That surpasses a "give away," it is abject surrender, reminiscent of the days of Samuel Insull! e e e - rTHERE IS MUCH more to the article, but the above is all that time and space allow for the present there will be more later. We hope all interested in the "give away" issue and the candidacy of former governor McKay for a seat in the Senate will read it. R . W. R. popularity might be thin and brittle, an artificial product of political propaganda. The sus picion was totaUy unfounded. The President's popularity is genuine and deep-rooted, and it will be extraordinarily difficult for the Democrats to counteract it Of the 75 people this reporter and the expert professional poU ster, Louis Harris, have inter viewed in this area, only one previous Eisenhower voter showed any signs of defecting. Eight previous Stevenson voters had gone over to Eisenhower, or moved into the "don't know" category. But these meager sta tistics are unimpressive. What was impressive was the way peo ple talked. e e "PRESIDENT EISENHOWER is a man of peace." We heard that phrase, or something like it, again and again. More over, distasteful as it is for this reporter to admit, there was vir tually no feeling that the Eisen hower peace was insecurely de fended. One big, jovial woman on a middle class street said she had her doubts about the Admin istration's defense policies, as a result of listening to Arthur God frey. But that was all. "Why, that's the first thing Ike would think of," another lady said, and she spoke for the vast majority. Prosperity, unlike peace, is a negative Eisenhower asset. Not many people feel better off than they did in 1952. But they do not feel worse off, and it is clear when you talk to them that many expected to, under a Republi can administration. rpHE President has a third, and - rather astonishing, political asset his heart attack. A good many people apparently intended Tomorrow Lippmann Germany, the Low Countries, Scandinavia and France. This assumption was adopted before the Soviet Union had developed serious nuclear power of its own. It was adopted in the days when the main military instru ment of the Soviet Union was its infantry. On this assumption, 'which was most strongly held in the bad days of the Korean war, the NATO powers decided to build up a large European army which was to include strong West Ger man forces. The troubles of NATO have been almost whol ly concerned with this army su perstructure. Insofar as there are signs of disintegration in NATO, it is a disintegration of the plans for this superstructure. Neither the French nor the Germans, the na tions presumably most interest ed in the NATO army, seem to be taking it very seriously, e TT IS often said that their lack of interest is due to the wiles and guiles of the new softer So viet tactics. This is, I think, a superficial explanation. The real explanation is that there are few people left in France and in West Germany, or indeed any where, who think that World War III could take the form of an attempt to invade Western Europe. It is not that the West ern nations have been lulled into thinking that there is no danger of war. They are very much afraid of war. But they are afraid of a different kind of war. They do not think that the war they are afraid of will be begun or will be decided on the ground in the middle of Europe. This view is not confined to the masses of the people, who, it is often supposed, are beguiled by the new Soviet propaganda. The view is general, though not universal, that invasion by the Red army is not the real mili tary problem given the abund ance of nuclear weapons on both sides and the nuclear stalemate. Insofar as there is a lack of in terest in NATO, it comes from the top down and derives from the feeling that the strategical planning in respect to the ground forces may be out of date. If this is correct, then what NATO needs first of all is a re appraisal of its strategical con cepts. Such a reappraisal will not impair, indeed it would re inforce, the fundamental guar antee which is the heart of the matter. Copyright, 1956 New Yoik Herald Tribune, Inc.) POTLUCK (By M-T Staff and Contributors) Things are still in a normal state of confusion on The Farm. The banfy hen, which took pleasure in laying eggs on an upended pear lug so Ihey roll, d off and smashed, was fixed up by the kids, who used laws grass to make a nest. But an other Bantam hen got in a set ting mood last week, after lay ing eggs in a keg full of nails. m m m A big new Air Force-Navy base will be built near Wood burn. The Capital-Journal in Salem, not far away, records the reactions of three young women to the news: Wife of a machinist: "It wiU mean a lot of construction work." Young wife and mother: "I un derstand the planes make a lot of noise." Unmarried young woman: "I hear there will be 1,500 airmen assigned here." Frank Carter, chief of police at Jacksonville, last week was observed chasing an outsider down the streets of Jackson ville, amid the barking of dogs, the jeering of youngsters, and the snickers of adult bystand ers. The chief never did catch up with his prey a whit mule which disappeared some where in the vicinity of "Mom's Hide-Away." Long words department: We always thought that antidisesta blishmentarianism was the lone- est word in the English language until last year, when a discern ing staff member (no longer in to vote for the President rather as one might send flowers to a sick friend, to cheer him up. We were unable to find a single per son who had 'decided to vote against the President because of his health. And the heart attack has clearly made a real human being of the President, in a way that no other political personal ity is real and human. That is what the Stevenson candidacy seems to lack a sense of the reality and human-ness of the man. Stevenson was- quite right when he complained, after the Minnesota primaries, of a "failure to communicate." As one Democrat put it, "Stevenson just doesn't stand for anything any more. He talks with that big vocabulary but it doesn't make any sense any more:" OF COURSE there are plenty of Stevenson supporters and even enthusiasts particularly among the Negro voters, among whom Stevenson is miles out in front of both President Eisen hower and Senator Estes Ke fauver. ("Are you against Ke- fauver because he's a southern er?" we asked one big, genial Negro lady. "Amen," she re plied fervently). But outside the Negro areas, even in the heavily Democratic precincts, we repeatedly ran across a curious and inexplicable hostility towards Stevenson. "I just don't go for that Adlai, people would say. There was some spotty enthus iasm for Kefauver ("He's the only honest one, aU the rest are crooks"). But it seemed clear that no Democratic candidate had even begun to light a fire in the land. . If one may be permitted to draw a large conclusion from a tiny sampling of the way the voters talk, it is this: Something big and important and dramatic, either here or abroad, is going to have to happen to change the situation, if the Democrats are to have a ghost of a chance of recapturing the White House In November. (C) 1956, New York Herald Tribune Inc. In The Day's By FRANK JENKINS Question for today: What makes towns tick? TN AN effort to answer that 4UCSUUU, JGbB ,bUh VTAbU Washington, the nation's capital and now one of its BIG cities. - Politics makes Washington tick. It hasn't much else. There is no heavy industry and very little industry of any kind. It is one of the nation's Treat rail road centers, but industry has little, if anything, to do with that. For strategic reasons it has always been considered essential to keep Washington in direct rail connection with all the rest of the country. Much of this thinking, it should be added, got its start in the years immediately preceding the Civil War. . MOST great cities are accur ately informed regarding the industries that keep them go ing. I'd like to go on record here with a personal opinion to the effect that Washington is an ex ception to this rule. Politics is Washington's life- blood. But Washington, it seems to me, is completely insulated from the REAL political think ing of our country. The poli ticians who have their habitat here are so immersed in the bus iness of staying in power that they give little thought to what our midst, alas) came up with floccinaucinih ilipilifica tion, which is one letter longer. Now, we are informed by Webster's New International Dic tionary, the LONGEST word, a scientifici one, is pneumonoultra microscpicsilicovolcanokonlosis. It's a lung disease. It has 45 let ters. (Staff member comments that if you could pronounce it it'd be enough to GIVE you lung dis ease.) e e e While orchards were being heated ir the valley early this week, to keep the frost from destroying the tender fruit buds, smudge pots in Eagle Point's new school building also wet burning, to keep freihly-poured concrete from freezing. e A Medford woman recently went to Salem for a visit with friends. She went shopping while there, and among her purchases was a new outfit of clothes, all in colors and styles which she does not customarily wear. She returned by plane, and her husband was at the airport to meet her. She walked up to him, but he kept staring at the door of the plane. She stood by him for a little while until even tuaUy he came to with ac start and recognized her. He just did n't know her, he explained, in a different style and color of hat and suit. e j We have heard from A. Lawr enc Stewart 102 Tait avenue. Winnipeg 4, Manitoba, Canada, (a subscriber, w'r pleased to note, to the M-T) who reports that the now-famous Bermuda Shorts picture appeared in th Winnipeg Free Press, too, . A Potluck reader in Eugene (we've got readers all over the place) clipped and sent to us the first words of the story about Darrel Brittsan being elected U of O student body president which appeared in the Oregon Daily Emerald, the student news paper. This is the way it went: " 'What?' You arenf kidding?' No kiddm,' Sam?' These were the first words of next years' ASUO president, Darrel Britt san." . Our Eugene friend added the comment: "My, he must have been quite a baby." City councilman last wk wr debating whether or not to buy a new rug for th coun cil chambers to replace th present worn carpet On of them said, "I think we ought to get a new on. Why, we don't ven hav a decant place for a woman to faint" P.S. They ordered th car pet There's an M-T staff member who for some years now has gone hatless, except in rainy weather. His wife, however, bought him a hat for Christmas a real fancy job, of which he is exceedingly proud. However, long years of not worrying about hats has landed him in trouble a few times re cently. Once he left it in the city haU overnight, when he went home and forgot it after a meeting there. Another time he left it in an attorney's office, af ter another evening meeting. But he really got - disgusted after a trip to Salem recenUy, when he walked off and left it hanging lti a Eugene restaurant en route home. Took two long distance telephone calls to get it back. ' e Four-year-old girl to father: "Daddy, what's God's second name?" News the people out in the sticks we THINKING. - The farm issue is an example. The politicians here concede la bor to the Democrats. They con cede business to the Republicans. It is their conviction that the farm vote will SWING THE ELECTION this fall, and most of them are sure that the way to get the farm vote is to buy it with subsidies. Nothing else could explain the weird antics accompanying the farm bill discussions in the con gress. NOW for-New York. What makes- New York tick? YOU'LL be surprised at this statement, - but it is sub stantially true: New York City itself has little heavy industry. That is concentrated In the big industrial centers that surround the city. The garment Industry is New York's biggest and there it really shines. But the garment industry isn't a heavy industry. It isn't carried on in big factories.- It carries on for the most part in lofts in the mid town. Its units tend to be small. But they are numerous. Among other reasons, there isn't room enough in New York, which is so jam-packed with peo ple and uildings that heavy in dustry wouldn't have space enough to move around. Communications Letters to the Editor must bear che name end address of the writer dl though under certain circum stances the use ot a pen oame or Initial for publication la nermia rible The Mail Tribune reserve the right to edit all letters with an eye to clarification and condensa tion Letters submitted for nublica tion must not exceed 400 words Deetz Band-Wagon To the Editor: In these days when we are letting the Reds steadily win here and around th world, it is time we put AMER ICANS in power in Washington. Such a man is Elmer Deetz, can didate for the U. S. Senate. As all Oregon knows, Mr. Deetz is the man who smashed the milk trust in Oregon and lowered the price of milK in a one-man fight that electrified the -nation. There have been some polls taken by party leaders which show Mr. Deetz as the strongest candidate. It is time that the Party should understand that Mr. Deetz is its only sure vote-winner that be is the only man whom most of the voters trust. Mr. Deetz may not talk like a college professor, but he talks a language all people understand the language of action the language of AMERICANISM. He is not a politician bargain ing his soul and his country away to little selfish groups for votes. He doesn't have to. He knows the great patriotic ma jority are for him because he is for them with every ounce of his being. The masses of the people swear by him, for Deetz is the champion of the common man. And the people know it. They have had a taste of him and they are going for him like a starving man grabbing for a jug of milk. Mr. Deetz favors acting on the Hoover Commission report to cut out the gigantic waste and inef ficiency of the Federal Bureau cracy that is taking more and more of our income in taxes. He knows the farmer has had a raw deal and he proposes to do something ' about it He knows that no class and no country can prosper unless the farmer pros pers. He is an AMERICAN of the AMERICANS, with the Consti tution as his platform. He has the strong support of more voters of both parties than any other man in Oregon. Mr. Deetz is already quietly driving the band-wagon, and it is time that everybody climbed on with him. He can't be bought. He can't be scared. He can't be side-tracked or outdared. C. R. Weede, 1720 S.E. 39th ave., -Portland, Ore. Congressional Quiz Cep7rlrht, 1SS ! Congressional Quarterly) Q The name of the late Sen. Robert F. Wagner (D-N.Y.) was associated with much New Deal legislation. Perhaps the most im portant act which carries his name dealt with what subject? (a) labor relations; (b) banking; (c) public works; (d) social se curity. A (a) Labor relations. The National Labor Relations Act, passed in 1935 and upheld by the Supreme Court in 1937, is commonly known as the Wagner Act. It was the first guarantee of labor's right to bargain col lectively. Q Which President used the veto power more often than any pther? (a) Franklin D. Roosevelt; (b) Harry S. Truman; (c) Ulysses S. Grant. A (a) Franklin D. Roosevelt He refused to sign 631 bills dur ing 12 years in office. Grover Cleveland, next on the list, ve toed 584 bills. . NEW YORK is a huge banking, insurance and shipping cen ter. It FINANCES Industry throughout the East. It moves a lot of industry's products onto ships. Banking, insurance and shipping employ a lot of people. They're highly important. II7HAT Tm really leading up to " here is the seemingly silly statement that the TOURIST in dustry is probably New York's most important resource. Tourists come to New York from all over America and from all over the world. They come with WADS of money. And they SPEND it They spend it far more freely than they spend it at home. That makes for VELOCITY of money. The dollar that moves fast does more work than the dollar that stands still. Money certainly MOVES in New York. If you doubt that, take note of the money in your pocket the next time you come to the Big Town. It will move out of your pocket FAST. ONE other thing about New York. People here, as else where, live by taking in each other's washing. People here, as elsewhere, DO BUSINESS WITH EACH OTHER. There are mil lions of them here, and that, in itself, makes a lot of business. That's one reason why our big cities keep getting bigger. There are so many people in them, to do business with each other to keep sending out their washing for each other to do.