The Bismarck Tribune Newspaper, May 15, 1929, Page 7

Ne \ Py x a ae ‘ , > ¢ ¥ ¥. ’ 1 Fase \ e 5 » 9 wv. | 4 | , ° | | oe ’ WEDNESDAY, MAY 15, 1929 PROSPERITY RESTS ON [. FUTURE BALANCE OF SUPPLY AND DEMAND Committee on Economic Change Reports Present Industrial Adjustment Essential ‘Washington, May 15.—(#)—An in- creasingly prosperous future for the United States, provided that the present economic balance between production and consumption of wealth can be maintained, is pre- dicted by the report, published today, of President Hoover's committee on recent economic changes. A maintenance of high wages, in the light of what the report cited as “insatiable commodity demand,” in- | creasing application of scientific and managerial skill, and. an elimination of speculation, the writers of the doc- ument coneluded, would assure the continuous advance of living stand- ards for the majority of the nation's population. Just Touched Fringe “We seem only to have touched the fringe of our potentialities,” the re- port said, though it declared emphat- ically that during the seven years in- cluding 1928, with which year its data ceased, Americans had enjoyed a ma- terial welfare splendid beyond all hu- man experience. “The survey has proved conclusive- ly,” the report continued, “that wants are almost insatiable; that one satis- fied makes way for another. The con- clusion is that economically we have boundless field before us, that there are new wants which will make way endlessly for newer wants as fast as they are satisfied. 5 “We have the power to produce and | the capital to bring about the ex- change between producing and con- suming groups. We have communica- tion to speed and spread the influ- ence of ideas. We have the sciences and arts to help us. We have a great national opportunity.” Besides the president, 'signers of the report were Owen D. Young, Clar- ence M. Woolley, Daniel Willard, Louis J. Taber, A. W. Shaw, John J. Raskob, Lewis E. Pierson, Adolph C. Miller, George McFadden, Max Ma- son, John 8. Lawrence, Julius Klein, William Green, R. W. Dunlap, and Waiter F. Brown. The committce's studies began a year ago and were financed by the Rockefeller and Car- | negie foundations, while the National Bureau of Economic Research assist- ed in the survey. The committee was seeking for the cause and cure of un- employment and for possibilities of diminishing the up-and-down move- ment of cycles of business activity and depression. Shift in Prices a Peril “The outstanding fact which is il- luminated by this survey is that we eannot maintain our economic ad- vantage,” the document continued, “or fully hope to recognize our eco- nomic future, unless we consciously accept the principle of equilibrium and apply it skillfully in every eco- nomic relation. Herein lies the dan- ger: that through ignorance of eco- nomic principles or through selfish greed or inadequate leadership the steady balance will be disturbed to our economic detriment. If natural resources are wastefully used; if money in quantity is taken out of production and employed for specula- tion; if any group develops a method of artificial price advancement which puts one commodity out of balance with others; if either management or labor disregards the common interest —to this extent equilibrium will be destroyed for all. Our complex and intricate economic machine can pro- duce, but to keep it producing con- tinuously it must be maintained in balance. It would seem that we can fo on with increasing activity. But we can do this only if we develop a technique of balance.” Leisure and Unemployment Advancing use of automatic ma- chinery, it was agreed, caused “tech- | nological” unemployment, as displaced workers were forced to find jobs else- where than in their original industry. But the increasing output of goods, and increasing demand for sales and services in connection with their use, the increasing of leisure and con- sumptive wants developed in leisure, were said to have furnished a field for filling the employment gaps. The area of waste forest land is as large as the combined states of Penn- sylvania, New “ork, New Jersey, Del- aware and Maryland. What many people call indigestion stomaci:. The stomach nerves have been over-stimulated, and food sours. The corrective is an alkali, best alkali is Phillips’ ™ tion. One spoonful of this harmless, of North Dakota is being made of tele We strive to keep requirements for tsleahons suc: service ai lowest \e sistent wit! financial safe —— furnish NORTHWESTERN ' ELL of Magnesia. It has| {remained the standard with physi- : drugstore. cians in the 59 years since its inven- | Hollywood to Las Vegas, Nev., where they were married. Here they are just Ina Claire, former stage star and recent convert to the talkies, eloped from Hollywood to Las Vegas, Nev., where they were married Here they are just after the ceremony. Left to right are Mrs. Benjamin Glazer, Ina Claire and Gilbert. DUCHESS SEEKS RECORD London, May 15.—(#)—The Duch- ess of Bedford, 63, hopes to break the world’s long distance flight record. She will share the controls with Cap- tain C. D. Barnard on a flight to In- dia. The Duchess already has flown over the Alps, Vesuvius and the Pyrenees. She has a private plane at her country mansion. At sea or over a level plain the human eye, at a height of 5 feet from the ground, can see an object 2.9 miles away. When Pain Comes Two hours after eating acid, and the symptoms disappcar at very ofien means excess acid in the {cnce. You will never use crude methods when once you learn the ef- ficiency of this. Go get a small bot- | tle to try. which | neutralizes acids instantly, And the | Milk of Magnesia prescribed by Be sure to get the genuine Phillips’ cess acids. 25¢ and 50c a bottle—any “Milk of Magnesia” has been the U. S. Registered Trade Mark of The Charles H. Phillips Chemical Com- tasteless alkali in water will neutral- | pany and its predecessor Charles H. ize instantly many times as much | Phillips since 1875.—Adv. Sold for $47,778,000 Last Year A stream of gold literally poured into the milk pails of North Dakota last year when the dairy products of the state brought a total of $47,778,000—an increase of 64 per cent since 1921. The highest type of cattle are raised at low cost on North Dakota corn, alfalfa and clover. The dairy industry like the other industries growing and a greater use is phone service as a quick and deotadatie means of communication—a valu- link between buyer and celles ety. We ha’ faith in North Dakota = pace with the’ grow’ TELEPHONE COMPANY THE RIs OFFERED CITY FOR PROPOSED PARK 200 Mrs. P. A. Sather Will Donate Three; They Can Race, Push Barrow, Scold and Cry Two trained monkeys and their baby can be had for any 200 that the park board may undertake to estab- lish here, starting with “Baldy,” the! American eagle brought here from | Baker, Mont., by J. P. McCarthy last wee! Kk. The offer of the monkeys comes from Mrs. P. A. Sather of the Garri- son furniture store, neighbor of the McCarthy tire shop. The monkeys at present are so-! journing at Fargo in the care of Mrs. | Charles Green, a friend of Mrs. Sather. They were part of a troupe of €2 which Mrs. Sather carried with E. H. Gooding’s show and put through stunts in the sawdust ring. She has dabbled in animal training, although her calling is that of nurse. MARCK TRIRUNE PAGE SFVtNn the birds other than the fring ser- geant simulate execution and death. Mice, she says, are readily trained in tricks. The birds she trained to respond to taps of a wand. Each bird knew his Morse code of dots and dashes and none responded to the taps for the others, During her career as a trained ani- mal exhibitor Mrs. Sather traveled with the Gooding, the Rubin and Cherry and the Ed Cora shows and was on the chautauqua circuit of the Ridpath-Vater company. Dickinson Man to ‘ Edit Lemmon Paper Dickinson, N. D., May 15.—L. B. Boorman, editor of the Dickinson Press for the past nine years, has re- signed. He is going to Lemmon, S. D., to be | managing editor of the Lemmon Leader, weekly paper to be established there. E. L. Peterson, publisher of the Dickinson Press, has not announced Mr. Boorman’s successor. To keep their schools clean, the London County Council employs 3,000 charwomen. The head of the monkey trio is a well trained simian. One of his tricks is to simulate crying when mock- scolded and told he will be penalized by deprivation of dinner. He and his mate also run races, push barrows, and do other cunning stunts of the kind that are highly entertaining to chi . The parent pair are 4 years old and were born in Cleveland. Mrs. Sather formerly was a nurse at Sioux Falls and hus had offers from there for the monkeys, the Falls having a big zoo in one of the parks. She has resisted offers, but is willing to donate the monkeys for any AG that may be established by this city. Mrs. Sather also used to train white mice and white love birds in such tricks as building a lighthouse and firing a toy cannon, whereupon all The Very Best Time to take Dr. Pierce's Golden Medical Discovery is now. 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Kissinger ha~ ben a phar- macist and has been in the drug busi- ness for the past 42 years, it was decided to call it the Kissinger drug store. STAMP REPORT COMPLETED Paris, May 15—(#)—The leng awaited report of Sir Josiah Stamp, chief British delegate to the repare ations conference, was completed to- various German reserva- acceptance of the annu- ities plan proposed by Owen D. Young were embodied in it. The delegates, are scheduled to meet again in a plenary session Thursday afternoon, when they will probably take action upon the report. 3 Budweiser Barley-Malt Syrup is a highly concentrated extract of finest barley—one of the most wholesome cereals the earth produces. Its uses for food products are many and varied. It is sold by grocers and dealers everywhere. Ask for it by name. ANHEUSER-BUSCH — ST. 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