Decatur Daily Democrat, Volume 32, Number 206, Decatur, Adams County, 29 August 1934 — Page 4

Page Four

DECATUR DAILY DEMOCRAT DECATUR DAILY DEMOCRAT Published JdRA THE Every Eve- DECATUR Ung Except DEMOCRAT Sunday by CO. Entered at the Decatur, Ind., Post Office as Second Class Matter. J. H. Heller Pies, and Gen. Mgr. A. It. Holthouse, Sec'y & Bus. Mgr. pick D. Heller......Vice-President Subscription Rates: « Single copies * .02 Dne week, by carrier .10 Dne year, by carrier— 15.00 One month, by mail — .35 Three months, by malll.oo Six months, by mail 1.75 Dne year, by mall— 3.00 Duo year, at office3.oo Prices quoted are within first and second zones. Elsewhere 33.50 one year. Advertising Rates made known on Application. National Adver. Representative SCHEERER, Inc. |ls Lexington Avenue, New York 35 East Wacker Drive, Chicago. Charter Member of The Indiana League of Home Dailies. THE CUBAN TREATY: Because of its relation to the sugar industry, the following editorial from the New York Tinies is of special interest to local people: I "The United States has lived so ■ long behind barbed wire on a tariff wall that any plan to lower duties is certain to stir some protest. Yet it is evident that unless we wish I to abandon a once profitable export trade, or to finance it by the unsatisfactory device of lending 1 other people money with which to buy our goods, some revision of | the rates set in the Hawley-Smoot I act is essential. This reasoning underlies the new trade agreement between Cuba and the United States. It is clearly intended to achieve two purposes. One is the improvement of economic conditions in a small republic in which, as a “good neighbor”—and a near one—we have a special interest. The other is recovery of a lost market for our goods. For a considerable period before 1930 we -sold in Cuba American products valued at $150,000,000 annually. Our sales last year were less than one-sixth of this figure. The new' treaty offers Cuba a larger opportunity to sell in the American market, in order that she may buy. “In striking such a bargain it is logical to throw into the scales goods which bulked large in the trade of the two countries when that trade was thriving. This is precisely what the new agreement sets out to do. Our principal exports to Cuba, in the heyday of our Cuban trade, were cotton fabrics, metal products, industrial machinery, automobiles, wheat flour and lard. On all those products, and certain others, Cuba now makes concessions to our goods. In return, we recognize that Cuba’s principal experts to ns must neces-1 sarily include sugar, rum, cigar leaf tobacco and vegetables shipped in a season favorable by the Cuban climate, and on these products we scale down our tariffs. No doubt some of the American producers of these goods will comiplain that their interests have been sacrificed to a new experiment aud their enterprise exposed to foreign competition. But it is a truism that without foreign competition there can be no such thing as -foreign trade, and a well-demonstrat-ed fact that the collapse of foreign

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trade has prolonged and intensified the depression. “The agreement with Cuba Is the first to be negotiated under the broad discretionary powers granted by Congress to the President. Writing of it today in the Feature • Section of "The Times", Professor llerle hails it as proof that the United States has now “definitely embarked "on the policy of reciprocal trade treaties championed by Mr. Roosevelt and the Democratic (party in the campaign of 1932. This may prove to be a case of jumping to conclusions. The difficulties of persuading a tariffminded country to forego the supj posed benefits of prohibities duties 1 when business is still subnormal ! are very large. There have been intimations from Washington recently that Cuba is regarded as a special case, and that with a Cuban treaty out of the way there will be a lull in tariff negotiations. Whether the United States has actually embarked on a new commercial policy remains to be demonstrated. But clearly It has taken the first step toward the onlyreasonable position for a creditor nation to assume, if it wishes both to sell its goods abroad and to receive payment on the huge investments it has made in foreign markets." I —„ Conditions aren't so bad. accord- ; ing to a weekly trade review, which comments as follows ("Trade in many divisions took a decided turn for the better this week, and there was a strong revival of sentiment regarding a more vigorous expansion of fall business than appeared to be in prospect a month ■ ago. The farming districts are in 1 a more cheerful mood, and the out- 1 1 come of harvesting, now in full swing, is running ahead of the quotas set. even in the droughtstricken states. As summer temperatures continue in so many parts of the country, despite the few days of cooler weather, fall trade may be late in getting into full stride, but the buying movement | give promise of developing to a' greater degree of intensity than 1 last year, and its continuance over a more protracted period will leave leas of a gap before the commencement of the winter season." Sheboygan, Wisconsin, is celebrating its Centennial anniversary this week with a pageant and community observance. Founded in 1834, it now has a (population of 40,000 and is one of the thriving agricultural and industrial centers in the middle west. It was founded by William Paine and Col. Oliver Crocker. Next week is the busy week. Court will he resumed, schools open, township advisory boards mee’, tax bodies assemble to pass on budgets and levies and fall programs are started everywhere. As Arthur Brisbane comments. ! the fallow who decided to strip and jump into a colony of hornets, remaining there until he was stung to death, that's news. It’s not an impossible prediction to say hogs are going to eight cents. If everybody is going to strike, how about the newspaper editors? Welcome to the teachers and township trustees. 0

CUABltrl BY CHARLEY GRANT 4 Th' chaps v.'ho’re all wool seldom spin long yarns. Takes a big steak t' make a. tel ler lick his chops. Ho hum. many a tellers courtin’ leads t' his trials. Flowery words I' a wife does r make her life a bit rosier. Sometimes a gal who's sweet kin sure make a feller sweat. i After some fellers worship they have t' pay ALLAH money.

1 School Opens bl G * ’ • K. | HkSQK i’ c s ' > ; ■ ■' . y /■L. Ml ’ll - I m| iwH. II Hr I WI j ■ ■ 4 1 1 - .■Eti I i• MR - ■bn F--

* Answers To Test Questions Below are the answers to the Test Questions printed on Page Two. 1. Pacific. 2. Utah. 3. The Gobelin tapestry industry. 4. No. 5. lAcetic acid. : 6. A pen-name. I 7. The Pescadores. 8. Warren G. Harding. 9. The Gdbi Desert. 19. Union of Soviet Socialist Republics. * TWENTY "YEARS AGO TODAY From the Daily Democrat File * « Aug. 29 —Allied armies is weakened iby continuous fighting. Bowen Hale, former De. atur citizen. dies in Springdale Wash. Miles and IBrice Butler figure in exciting runaway but escape with slight injuries. (Half the tickets to guarantee a I!‘L5 Chautauqua have been sold. Dr. €. Rayl appointed American Red Cross surgeon f;r duty in the European zone. Daughter born to Rev. and Mrs.

Dedicate Restored Old Fort Niagara on Old Site jßpwgr " v *- ywriuii r - - ■ . ■ ff ? . 1051 Iht. f 'i B‘ - £’ WHIt. W7T ■ i ■£ HE ’ - HRL2_J£»*X B ' «T- i ■ < sUI- -' *'-L- .pt. ■ s'. S' 1 i — — 5 *« Top, lifting mechen- » ‘ ■■ - ■' — i,m of old draw-bridfO; top, right, the rpoated and Hr Wi '***^* i * ot'Wiiff draw-bridged gatehoute- Air view of Old Fort Niagara.

! This layout shows views of the restored Old Fort Niagara, on Lake Ontario at the mouth of the Niagara river, which is being dedicated with a dramatic re-enactment of the stirring events from its

r-p™—' DECATUR DAILY DEMOCRAT WEDNESDAY, AUGUST 29, 1931.

YOUR MONEY AND THE BANKS Since the great banking crisis of 1933, Congress and the ExecuI tive under various laws and executive and administrative orders have completely revamped the banking structure of the United I States. Weak banks have been eliminated from the system, new and iniiiHirtaut means of safeguarding depositors have been adopted, tli:- Federal Reserve System has been strengthened, the federal government has entered in important ways as a partner in the private banks. If you wish to understand the present new Isinking structure of the U. S. and how it functions to serve and safeguard you, sepd for our Washington Bureau's new bulletin THE NEW BANKING SYSTEM OF THE U. 8. Fill out the coupon ueiow: CLIP COUPON HERE - Dept. 300. Washington Bureau, DAILY DEMOCRAT, 1322 New York Avenue, Washington, D. C. 1 want a copv of the bulletin THE NEW BANKING SI STEM OiTHE UNITED STATUS, and enclose herewith five cents in coin (carefully wrapped), to covet return postage and handling costs: NA M E STREET & No. ---■'-— CITY - STATE I am a reader of the Decatur Daily Democrat, Decatur, Ind.

E. B. Parker of Richm nd yesterday. Requiem mass held for late holy father, Pope Pius X, at St. Mary's church. Nick Miler Oes to (Indianapolis for a visit with Lew Ellingham and Herman €-liter. Col S. B. F rdyce, Nathan Ehrman and F. F. Freeh go to Detroit to attend National G. A. R. En- | campment. T. M. Reid is ill with symptoms

cf typhoid fever. * Hand-Beaten Bayonet Found North Stonington. Conn. — — An ancient hand-beaten bayonet, believed to have been used by a young Connecticut pioneer who died defending himself, against the Indians in 1756, was found embedded in the soil here by Albert Erickson. o Get the Habit —1 race Oi Homi

three centuries of romantic history under three flags. • Four nations—United States, England, France and Canada—are taking part in the ceremony.

FARM INCOME IS ESTIMATED Total Cash Income of Six Billion Estimated For 1»34 Washington. lAug. »— A total cash income of about M.ffW.OOO.H* In the year 1934 from sales of farm j products aud rental ami benefit tpay-; menu from the agricultural Adjustment administration is estimated by the bureau of agricultural economics. This estimate compare* with $5,051,000,099 in 1933, and repree euts an increase of nearly SLW9,-1 ooo.opo. or 19 per cent. It is a 39 per cent gain wer 1932 when the total cash Income from sales was estimated at $4338.999,009 the low point of recent years. These estimates of cash iltcome should not tie confused with etimates on cash income from farm production. These estimates of cash income from farm marketings are the sum of the 12 monthly estimates of cash receipts from the sale of : farm products during the calendar i year while the estimates of cash ■income from farm production leprasent the income from products produced for sale during the calendar year but which may be marketed over a 2 or 3-year period. Cash income from the sale of farm products during the first 7 months of 1934 is estimated at $2.84)4,090.999. In addition, farmers have received ♦ 170,900.000 in rental and benefit payments, and $13,000,009 from the sale of cattle to the agricultural adjustment administration up to August 1- It now seems likely that income from the sale of farm products during the remaining 5 months el the year will exceed from 3 to 6 tper cent the $2,377,009.01)9 received during the last 5 months of 1933 as the advance in prices of farm products is expected to more than offset the decrease in the volume of marketings. in addition, it is estimated that rental and benefit payments from August 1 to December 31, 1934 on programs already in -operation the Government s program to purchase 7.000.000 head of cattle and 5,01'0,090 head of sheep and goats is carried out during the rest of 1934. this will add an additional $90,000,090 to fariuerts’ cash income during the last 5 months of the year. Should the liquidation of livestock exceed expectations or prices advance mere than is anticipated, farm income may exceed the estimate of ♦6,000.000,900. Ou the other hand, should fah rains result in favorable pastures a.id increase the amount of feedstuffs available for livestock during the coming win-

Gladys Flanders i Chamberlain Announces opening of KINDERGARTEN Tuesday, Sept. 4 North Room of Library Third Street f

New Warm Fleecy BLANKETS Beautiful Showing of Over 1,000 Fine Quality Blankets. 70x80 Single Cotton Blankets 69c each 70x80 Warm Soft Double < 1 iQ COTTON BLANKETS, pair 72x84 Heavy Cotton S1 98 DOUBLE BLANKETS, pair ** 70x80 Part Wool $9 69 F DOUBLE BLANKETS, pair ’ 7L\B9 U hi(e ( oltf.n $1 29 SHEET BLANKETS, each.. ’ 7 2x84 Heavy Part Wool $9 25 DOUBLE BLANKETS, pair 70x80 Heavy Tan and Grey Double Blankets, pair .. $1.69 | HARDWARES HOME FURNIS‘H INCS £

ter It may be possible that the liquidation of livestock will be lea* than is anticipated at thia time and farm income for the remainder of the y«ar fall below the estimate. * Household Scrapbook * —by— ROBERTA LEE ♦ Greasy Soup To remove the last drops of fat (n m the top of tlu> aouip, throw a a lettuce leaf lirto the vessel. It will aiX-wb the grease and can be removed after serving ita purpose. Cleaning Mirrors After the mirror lu» .been wash-

CITY SCHOOLS OPEN SEPTEMBER 4 Country Schools Open Friday, Aug. 34 School Book NOTICE DUE TO THE FACT that School Books are sold on an exceptionally small margin of profit, and the dealer is compelled to pay cash immediately upon delivery, Pupils Buying School Books - MUST PAY CASH M it is impossible to extend credit to any one under the circumstances. This policy has been observed for several years and we kindly ask your cooperation again this year. The Drug Stores listed below will remain open until NOON, 12 o’clock, Monday, Labor Day, to accommodate school book patrons., Holthouse Drug Co. B. J. Smith Drug Co. Kohne Drug Store

ed with warm water and fold a newspaper ln , o # 4 » U.se thb for p, l lßhlll| Spur Milk Ilf . tableapoon of vlne Mr . ■ ed to a cup of weet ‘ will he poured f. ,- VOl(king .JjML a Y Suk ßti fL ha ' e i limet «bMTKr „’°r only leepk & Peterson s Scltirm.-.r’ Ataw, U ■>