The Daily Banner, Greencastle, Putnam County, 1 January 1940 — Page 4
How Do You Feel? Me ■ Too— IF YOU WANT A NEW THRILL COME AND SEE THIS PICTURE! CHATEAU TONIGHT & TUESDAY HAK4» \I\ MAT. TI KS. 15c THE HAND OF FRIENDSHIP AND THE FIST OF DEATH! Mote m one man's heart iovt in the other t as a hero with a prayer meets a killer with a gun!
TITE DAILY BANNEH, GREENCASTLE, INDIANA, MONDAY, .TANTAI.A ,f ’ 4 °
Relief At Last !kerensky"sees *w s> «sssa
■ „v latM ‘rill make itself felt in re- I
tail pnc**
When F'Ces are stable, the retaMer adds M cost of his merchanJise » tna-k-up sufficient to cover
gating xpenses and provide a j C reomulsion relieves^prompU^ ^e*
nrotit. 4,14 “tt* ratall price so j cause it goes n? 10 phlegm, ssnwo | determned Competltton will, of £° c ^ a se ‘Lcreuon f d u ,^ d el n^'^ed STA1.IN T() sllo ^- COU r8e l®' 1 to some extent hi« I soothe and he al raw,t Nq mat . j (TS1\ K 0\ {reedow « When prices are you DO -
•dsmg. h°* e ' er * the problem becomes ^ yoU r druggist to sell y^ crsian ding i
I more dlttlcuU. Wholesale prices u *- Creomulsion way It QUicWy NEW YORK .Mn
ually advance first, while retail pri- ^ys the cough or you are to t-xander Keren.
__ bV ID'orLoV.
English. His entire lime, he says, is devoted to publicizing the cause of a new domocratic movement in
Russia.
“It is foolish to speak of the reconstruction of Europe, as Chamberlain and Halifax have done in their war aims statements, without inDK- ( eluding 150,000.000 Russian people. | Peace will never return to Europe I until Russia is once more in the I ranks of the democratic republics.'
UP)
Al-
Kerensky supports his
*' , ... current
exander Kerensky, former Socialist .. .. ' ,. J ' predictions by pointing to a news | premier of Russia, believes the So- . .
I ^ , paper Interview published in 1927:
- th« f, rst 1 .. ,,
„n,i i.\isnisni. the
■vs are more 8 iggish. Consumer r„. allays “th^ cough or you
n i pfimnetitinn sumer cus- your mo ney back.
act as drags 1 D C O ! I I C I ri I*-J f*— -
e ., pi ' ces at existing ^ vet invasion of Finland is the first 1 ... , . . c , snl
: ::IIsak V «r Ver ; lf theiFor Coughs, Chest colds, Bronch,t,s | step m a Communist campaign for Quoted "nt as^saying. are -smut follow t U u e l r ^ n , ,, , . . . domination of Eastern Europe. the antithesis of democarcy, and difs must up ward move., on a hand-to-mouth basis. In a si, “ Josef Stalin is playing a decs- in coloi . amt , leK ree. Th-r rL means that durin |U " * ' lhe ,TT ' iVe Kame ,h ‘ 8 time " he 881,1 ln an opposition to the idea of democracy
i means mac during a period >ng organization is protected, to a interview. "He has all his chips m .. .
if rising prices a retailer is constant- limited extent at least, against the t h e tab e. The masks of the Popu- | l ° , ] a, *', ,n 8 '"‘ tt ' IK ' 1 ly replenishing his stocK of goods at , serious drain on working capital i ar Front and isolationism are aban-j _ ,
advancing wholesale prices. His own 1 brought about by a continued rise in doned. He must now go on until the 8 W<1S ‘ J' Mires are not moving up so the price level Th's protection is se- debacle mds." 1 1 ’ ' on ® 11 ,l< " " 111
la ; The result is a shrinkage in the cuied under the risk or a mistak-n Stalin’s cooperation with Germany, J'' in h .^ 1) '“ ^ith Moscow. In l.i_,
margin l.rtween the cost of the mer- forecast. The retailer who does not Kerensky asserted, "is much mote , * Sal< NV ' IS i i.izy. chahdse and its selling price. Tho ! speculate goes unprotected, but also profound than American opinion yet i.tail ..pera tor is left with a smaller escapes the risk of a mistaken fore- imagines. But Berlin, not Moscow, SI>K ' KS KM.l.l’-H l<>
i . .. , . . KEFiTiEES \Kli ( ArTIONKU
,h - StaPn cannot accept
^ JN TSCHNICOLO the great novel of those sf days when America wo Y tming forth to new tr
CLAUDETTE HfNRT COLBERT« [ONi MM OUVER • LODI! COUIH I0HN CURRWINE • DORRIS cj'si'C liSSIt RUPH • ARTHUR SWELL ROBERT LOWERT • ROGEP IMHl Directed by JOHN FOr a A ?0lh CINIUtY tOX riCUti
TONIGHT AND . VO NT AS TUESDAY B ^ °
(Matinee ■ ver\ Monday)
r 6 I
• Where The Crowds
M3
ru es the roost. Stal'n cannot accept SIDNEY. N. S. W. (UP) x.1 a. 1 — of tVixa n<»VrtT.Tn JiriYlV. I . . ... *1,.. .
Em
the dairy of Chelaa Park.; The property was purchased . , , ,rty in the hills near j cempany formed by the Au. •
extent, therefore, the op- a fight against the German army. js the lx , st lang uage in the world 1m
margin out of which he must meet c ' ast -
7. m ZZ\~
d se exerts a drain on working cap- of rising prices, an I this burden may mihtHty might ^ y ^ ( , Modg Hshed here.
ital. The funds flowing in from sales be increased in a good part of h e I 't j i. n -
do not provide sufficient cash to pe-- business is done on a credit basis. 1 1 ■ > , 1 nn i a “sDecial
the maintenance of working cap- The seriousness of the difficulty will ; ^ ^ ^ !ho ,i in' which itaj intact If sales are made on a depend, in part, on whether he se.ls w „.. nin „ J credit basis, the drain on working style or staple merchandise. Th- ‘ * l in lssUt *‘
. , ■erious. rWt of style change i« so »reat that, t Rum ^
If the rise in wholesale prices con- even in a period of rising prices, ad- > ^ ^ ^ c , mimlln . st Int ernationUnues for many months, weakly fl- vance purchasing of siyle me)chan- ■ ■ ., . i., nanced retailers may suffer a dan- dise is usually undesirable. Specula- al lathei t >•"' '‘ Ul . ^ . . gerous strain. The prolongation of tion may be carried on with greater | '•Stalin thus ’.visa.. '> " n I’ h .i- nf»w nrts; as leader ot the Intel nationthe war with its constant inflation- safety in staple merchandise. | munjs , m( , Vl mcnt , 1MO re than
s The • i the Jifl culty t) _ th< , ^ . „ . nt fore, a situation of potential danger the retailer will depend, in part, on to many retailers. the cooperation he secures from his If the retailer could foresee a price suppliers in extending his credit pe:rise. lie might be able to protect him- iod. And, in part, it will also depend
h
.uld
Vielfa society t tra |
nil the cows Ger- ish refugees as small fa. •ather be milked in and poultry raisers and
workers.
IWENTOKIKS \M* WORKING < Al’ITAI. FOR STORES IN 1910 I By Melvin Anshen, Associat
i as head of the Soviet goverment. [ "The essential aim of Stalin for thr ^ last 10 years, despite h s seeming
rise, he might be able w protect him- iod. And, in part, it will also aeperu withdrawal i'" 'i K.i .• a.fai's. ^ heir by making large future com- on the severity of competition in his was lhe plepai ' 1 ' ,l! a! " ,l ' 1 1 mitments. The protection, of course, community and the tendency for I of a tf em ' lal Kiiiope.ui w i depends <m his ability to forecast larger cutlets to speculate against ( sk ; v asst, te ‘ 1 ' ( )( price movements accurately. An er- a continued price rise. A ' s early as t ‘ roneous v ew of future price move- This leads to these general con- Ce " tral Cornnu :
Din told tho Moscow that
i Hy Melvin Ansnen, Associa.e ments may lead to damaging losses, elusions: That a rising price level 11 Tleu ( ‘ " Ml Professor of Marketing, Indiana Un, Even in those instami s in which the creates for retailers a dangerous sitversity School of Business.) retailer forecasts correctly, limited uation with respect to the manage- P re P‘ l,e J ' 1 Continuation of the European war wc.ilcmg c apital ma\ prevent h«*- merit cf inventories and working for the greater part of 1940 may ire fr in making advance, commitments cap.tal: that this situation is par-
absolutcly sm must pi of t by
it But direct or clipbunnlic interve i- |
tion was not part of the scheme.
expected to push up prices. Il.-no \ large enough > afford a substan- ticuVarly dangerous for small retail-! " 8talln un* itood that during Indiana retailers must be prepared tial protective cushion. er8 handling staple commodities; that peacetime, the tendency to over- ; to handle a difficult problem in the The limitation which working cap- retailers should watch prices and the th,ow ,h< ' k«vn in d n tl< . control of inventories and working ital places on specula'.-on may cause resultant effect on inventories and countries is almost non-existent. Th’| rapilal - rt differentiation between the mer- working capital very carefully in tha Po P ular Kiont became the instrument, No current forecast of prices can chandis ng policies of large and months ahead | to prepare the scene for general wd”. (
I Tile policy was carried out all over ! the world in China by aiding the j Kuomintang. in Batin - Americ'i through the labor movement and the ! Mexican Toledano, through Popular
ignore the fact that the present small organizations. If advance cornworld situation provides a back- mitments seem desiiabl. the laig»r ground for a rising price level, an I retail organization can usually finthat a continuance of war will setvj ance them. The smaller retailer freas an inflationary force which sooner quently is forced to continue buying
lil.lK TKH RANGE NERVES AS BABY INCUBATOR
HAZLETON, Pa. (UP) An electric range was pressed into service when Patricia Adams, 8'c pounds, was born. The afternoon was cold and the doctor, fearful of a biting wind, ordered the baby wrapped in blankets (and held in front of the range, j The oven switch was turned to ■proheat’’ and Patricia baked comjfovtably for a half hour in the anus 'd .er grandmother.
;. :
For the s xth consecutive year previous attendance recoids at th • Indiana stall parks have been broken witli the 1 !•::!) total to approximate 1.200,000 registered visitors, Virgil Simmons, commissioner of the Department of Conservation, announced today. Attendance u! tin parks during 19.'19 wn. double the 19X1 total when 576.."195 visitors were recorded through the collection of the ten-cent admission fee which aids in the maintenance and improvement of Indiana’s state parks. The 19.'!9 attendance shows an Increase e>f approximately 40 000 visitors over the number in the preceding year. This steady gain in attenelance is an indication. Mr. Simmons said, of • A
the greater appreciation of the : i paiks and the facilities which ha' been provided for public use. Wit! out eleslroying the natural seen beauty of the parks, developm i programs have included the enla:g ment of picnic and camping an installation of modern toilet I n ities. greater safeguntds of wat supplies for drinking purposes, innr ing of additional hiking trails a bridal paths, and the improvement of drives leading to and conneetin necessary service areas, While Indiana's state parks at I rat' approximately a half-million visitorannually from outside the state, their primary purpose is to give Indiana residents a place where th-y can enjoy their family outings in t natural setting.
TUBS. - WED THURS. CLEANING SPECIALS -( ASH & CARRY — s uils, Men’s mi* Ladies 11‘ANTS 25c
Front participation in government.” | Kerensky minimized the difference | in basic pottical philosophy between Stalin and Leon Trotsky, who once joined in common cause against him j as his revolutionary enemies. "The difference between Arotsky ism and Stalinism is the difference between o’d-fashioned and modem | Leninism. Stalin appeared to abandon ' the cause of world revolution for n time but it was merely tactical. He found the trap of the Popular Front more effective to catch the democ-
racies unawares."
Kerensky, now 54, lives here in a comfortable Fifth Avenue apartment with his Australian-born wife. Since nis first visit to the United i States in 1927, he has mastered
I Ata'ii FOR NAZIS—Torpedo tubes aboard unidentified British warship of Dover patrol, opt, 11 " Strait of Dover. Patrol area is body of water connecting English Channel and North S( are always kept manned and ready. . J
m II %% a 1 m “ j
b
GERMAN CHRISTMAS—With a small tree gaily decorated, these youthful German soldiers Icep^— the Christmas spirit alive iri a concrete fortificat ion of tho German Westwall. Packages home are being opened and one soldier pours agla s of holiday wine. ™
FOR FATHERLAND—These youthful German airmen are on their way to man machines for trip from which some of them may not return. Picture passed by German censor was taken somewhere behind German Westwall. Hence, their mission -was probably a reconnaissance flight over France.
HEAD DRESS — Philadelphia society staged its annual Head Dress Ball for charity, with patrons wearing unique headgear. Among freakiest ot them was this novel hat of straw worn by Betty Fehr of Whitemarsh. Squash leaves and a squash adorned it.
JOHNNY STEALS SHOW — Nine-months-old Johnny Boettiger steals show at White Christmas party. From left, Foreground: Anna Dali, Diana Hopkins, Johnny (crawling) « n n tiss Dali. Seated: Mrs. Franklin D. Roosevelt, Mrs. Sara Roosevelt, Mrs. Franklin D. Jr., holding Franklin 3rd, The President, Mrs. John Boettiger, Mrs. J. R. Roosevelt and Mr..Roosevelt. Standing: Franklin D., Jr., and John Roosevelt and John Boettiger.
