The Bismarck Tribune Newspaper, September 15, 1936, Page 3

BUSINESS IS AGAIN NORMAL ARTER SIX YEARS, SAYS BABSON Statistician Says ‘Democracy Has Collapsed’ Through- out Much of World Boston, Sept. 15.—(?)—Roger W. Babson seid Tuesday business, after six years of depression, has at last reached normal, and that “for the next two or three years I am bullish on everything except democracy.” “Of course I am bullish on democ- racy for the long pull,” the business statistician told the Advertising club of Boston. “Democracy will be the ultimate for the government. But today, due to unprincipled and selfish politicians, democracy has collapsed throughout pretty much of the entire world. Only a spiritual revival can prevent such a collapse in erica.” Back to Not For the fourth time since he studying business curves 35 years ago, Babson said it had crossed the normal line and is back again to the average of 1925, '26 and ’27, “If the heavy industries and gen- eral building construction were active business would be far above the nor- mal line, approaching 1929 highs,” he added. He said 1936 will be the best since 1929 for automobiles and steel and among lines equalling or exceeding 1929 peaks he cited retail trade, power production, cement and electrical ap- pliances. He predicted a sharp advance in. the price of real estate, commodities and stocks, wages and interest rates, Jarger farm crops and a rise in rail- toad traffic. Shortage in Crop He said the only shortage will be in the “guts” crop and “those funda- mental characteristics of integrity, industry and thrift which made America,” “Apparently there will be a short- age in these crops for some time be- cause Dr. Roosevelt has so doped the American people during the past few The engagement of Princess Julia only five European princesses who years that we have not learned the lessons which a depreseion usually teaches.” He attacked the federal tax on un- distributed earnings, enacted by the last congress, and told his audience farmer. THE BISMARCK TRIBUNE. TUESDAY, SEPTEMBER 15, 1936 Great Lakes Shipping , heir to the throne of the Netherlands, to a German prince, hi ight some day sit with King Edwa are: Eugenia (lower left), 27; Katherine (center), 23, and Irene (lower right), 31, Interim Tax Survey Group Opens Session The North Dakota interim tax not to worry about unemployment,|£Urvey commission opened a four- drouths bathe the conditions Hy the | day session at the capitol Tuesday to discuss further studies of its tax survey of the state and its sub-di- Blotting paper was discovered by | Visions. accident. A worker in a paper mill The commission has issued two re- ROYAL ENGAGEMENT NARROWS KING EDWARD'S FIELD British thron They of Greece; Frederica (upper left), 20, granddaughter of Wilhelm, former emperor of Germany, and Kyra (upper right), 26, ef Rus- VIN on thi » daughter of Grand Duke Cyril. (Associated Press Photcs) far, and other reports will be com- pleted in several weeks, members stated. J. K. Brostuen of Alexander, chair- man of the group, presided. Drowning Victims’ Rites Set Wednesday Hillsboro, N. 8. Sept. 15.—@)— forgot to include sizing in a batch of | Ports dealing with education and the|Traill county and the city of Hills- ordinary rag paper. ANNOUNCING THE SPOTLIGHT CARS OF 1937 Ij Your STUDEBAKERS MEW UNDERSLUNG REAR AXLES GIVE B96 ROOMY METERIORS — CHAI HEIGHT SEATS —LEG AND MEAD ROOM TO SPARE GAIN Studebaker leads off the new motoring year with a hit that’s a box office sensation! Magnificent new President Eights... headliners in every inch from top to tires! Impressive new low-priced Dictators ... the greatest six cylinder values ever offered! Silvery ‘‘winged victory”’ radiator grilles and hood louvers! Beautifully rounded one-piece hood tops that lift up from the front! Sweeping air foil fenders! Domed disc wheels! And interiors, richly styled by Helen Dryden, that are the largest, most luxurious you have ever seen! But the real thrill is in driv- ing these Studebakers! Do so now! See how much more an exciting new 1937 Studebaker offers than you ever thought a little money would buy! Prices are just a few dollars above those of lowest priced cars! STUDEBAKER'S C. I. T. BUDGET PLAN orrens LOW TIME PAYMENTS ; Wilde Motors, Inc. bb 5 PRESIDENT SEDANS FREE For the Best Forecasts of the Presidential Election 1, Fill im on a post card your forecast of the populer vote for Franklin D. Roosevelt and for Alf M. Landon and PRINT your name and address clearly. Or get @ FREE cord at a Studebaker deoler's and Gillin the blanks. 2. The post card must be mailed toStudebaker, South Bend, Ind., not later then October 15, 1936, 3. Only one entry for each adult. COME IN TODAY FOR YOUR FREE ENTRY CARD, RULES, ELECTION STATISTICS AD orwen srtans BISMARCK, N. D. 804 Fourth Street Phone: 1500 economic background of taxation so/Loro will pay funeral tribute Wed- nesday to State's Attorney W. M. Backstrom and Deputy Sheriff Peter C. Balkan, who drowned Sunday in North Twin Lake near Mahnomen, Minn., when. the boat from which they ere fishing capsized. Services for Mr. Backstrom will be at 11 a. m. in Our Saviour’s Lutheran church and burial will be in River- side cemetery here. Military rites for Mr. Balkan will be conducted at the same church at 2 p. m., and burial also will be in Riverside cemetery. Hackért Is Selected St. Paul Police Chief St. Paul, Sept. 15—(#)—The city council Tuesday approved appoint- ment of Clinton Hackert as police chief for a six year term. Hackert, appointed several months ago when Gus Barfus,.new commis- sioner of public safety took office, was recommended for the six-year term following an examination conducted by a newly created police board. Heretofore, police chiefs have been eppointed without examination, a new chief being named usually fol- lowing each biennial city election. Note From Missing Fliers Discovered Winnipeg, Sept. 15—(4)—Word was wirelessed here that searchers had found a drum from a Royal Canadian air force airplane and that it bore a message Yrom two flyers missing in the Northwest territories since Aug. 17. Flight Lieut. Sheldon Coleman and. Aircraftsman J. Forty disap- pessed while flying with a survey squadron. Szarch planes continued their work Tuesday. More than half of the world’s out- put of 117,000 long tons of tin is con- sumed by American manufacturers. Stamp News By LS. Klein sary of the founding of that fa- mous university. They believe that President Roosevelt, a Har- vard graduate, will approve such an issue. But officially there is the fear this would set a bad tional stamp exposition New York, recently, already has been / withdrawn from sale at the Philatelic Agen a BANKING STRUCTURE REPORTED AT PEAK Deposit Insurance Head Asserts Weak Banks Were Elimin- ated After 1929 Detroit, Sept. 15.—(#)—Asserting that “many of the banks which never should have been chartered” were eliminated between 1929 and 1933, Chairman Leo T. Crowley of the fed- eral deposit insurance corporation added Tuesday that the country’s banking structure now “is in a strong- er position than it has been for many years.” Addressing the annual meeting of the National Asociation of Supervis- ors of State banks here, Crowley said there have been only 65 failures of insured banks during two and a half years of deposit insurance. Because of this “excellent experi- ence,” he continued, many benkers may “be tempted to urge” that the present insurance assessment of one- twelfth of 1 per cent of average de- Posits is too high. “Hasty action in reducing the pres- ent assessment would seriously jeop- ardize the future of deposit insur- ance,” he added. Declaring that the corporation had Tesources of about $342,000,000 as of June 30, Crowley said approximately $311,000,000 was invested in govern- ment obligations. He added that “we ae of no sounder investment” than this. ELECTORS CASE IS BERORE HIGH COURT Kansas Tribunal to Decide Fate of Presidental Electors Pledged to Lemke Topeka, Kas., Sept. 15.—(#)—The Kansas supreme court weighed Tues- day the question whether Gov. Alf M. Landon is to have only two or possibly six rivals for the nine pres- idential electorate votes of his home state. The Republican's candidate's only rivals now are President Roosevelt and Norman Thomas, Socialist nom- inee, but three others have been de- nied places on the general election ballot by Secretary of State Frank J. Ryan. Electors pledged to one of them— Rep. William Lemke, of North Da- kota, Union party nominee—asked the court to order their names in- serted on the ballot. On the court's ruling will depend the fate of electors pledgea to an- other Kansan, Earl Browder, Com- munist party candidate, and pos- sibly those favoring Dr. D. Leigh Colvin and John W. Aiken, prohibi- tion and Socialist-Labor party can- didates, respectively. Ryan, in rejecting Lemke, Brow- der and Colvin electors, declared their respective parties failed to comply with the state’s primary election law which requires that names of electors be filed by noon, June 20. In rebuttal, Unién party attorneys contend the primary law does not apply to presidential elec- tors. DIPLOMATS CONFER London, Sept. 15.—(#)—Represent- atives of Norway. Sweden, Denmark and Finland met Tuesday in the for- eign office preliminary to naval dis- cussions with Britain which hopes to secure their adherence to the London naval treaty through bilateral agree- ments, WOODWORTH WOMAN DIES Jamestown. N. D., Sept. 15.—(P)— Mrs. Anna Barnard, 77, widow of Luther Barnard, died Tuesday morn- ing at Woodworth following a stroke. Surviving are eight sons and daugh- ters. The overflow of fresh water from the Amazon river into the ocean is more than 1,000,000 cubic feet a sec- ond. This fresh water is found in the ocean more than 200 miles from shore, HOW TO BUILD firesafe, long-lasting Stamps still available at the agency in Washington, and worth picking up before they are with- drawn, include the pied ny cent airmail special delivery, 10, 15, and 20-cent airmails, the one-cent and three-cent Chicago World's Fair stamps in sheets of 25 each, and the two-cent exper- imental electric eye stamp, which is sold only Bed nents of 100. New Zealand soon will issue a set of five stamps commemo- rating the World Industrial Con- ference in Wel . The stamps will be, on sale for the total 28 cents in face value, and picture New Zealand's important industries. eae Denmark has issued a set of four values, in two designs, for the 400th anniversary of the Reformation & _that country. A sort of tax. stamp, to provide funds for national defense, has appeared in Ecuador. Its use ir compulsory on all legal paper: as well as on parcel post an istered mail. KCopyright, 1936, NEA Service, Inc. | in connection with the jnterna- i i Concrete is t and firesafe; Ete itens conditions, increases prod juce tiveness and gives real eka al Sil Headed for Good Year Cleveland, Sept. 15.—(7)—Great Lakes shipping executives expressed confidence Tuesday that the 1936 sea- son would shatter early optimistic es- timates and prove to be the greatest year for iron ore and coal movement, since 1929. Aggregate shipments of iron ore they anticipate will exceed 46,000,000 tons. Revised estimate of coal ship- ments places the seasonal figure at approximately 41,000,000 tons. The ore movement in 1929 reached 65,000,000 tons and the coal move- ment 37,933,249 tons. With the demand for steel from di- versified sources undiminished, pros- pects for continued gains in produc- tion, the ore movement during the balance of the seson should be “the swiftest for many years,” shipping men predicted. Automobile tire casings and tubes frequently become vulcanized solidly together during the high-speed driv- ing in auto races. FROST IS FORECAST AS MERCURY DROPS) se Damage to Gardens Predicted; Temperature Down to 33 at Dickinson Frost nipped several western North Dakota, points Monday night as tem- peratures dipped near freezing in other sections of the state, the federal weather bureau station at Bismarck reported Tuesday. The low temperatures Monday night and Tuesdey brought the “first general frost” this fall, weather officials said. They were of the opinion there would be no dam- age except to gardens. Dickinson was the coldest point where the mercury dropped to 33 de- grees above zero. It was 34 at Max, 35 at Sanish and Napoleon and 36 at throughout central states and cooler over the upper Mississippi valley. Light showers were reported from 10 North Dakota stations. Williston led the list with 14-inch. Sanish measured .10 and Devils Lake .06. The forecasts for North Dakota is generally fair tonight and Wednes- day; cooler tonight with light to heavy frost and continued cool Wed- nesday. Trial by jury wes one of the fun- damental rights wrested by the Eng- lish people from King John in 1215. 040,000 CARS FROZE UP LAST WINTER! [ Official Statistics ] More than half a million American motorists got into trouble last year. Some waited too long before putting in anti-freeze. Others either put in straight alcohol or used an anti-freeze con- taining alcohol (there are approximately 50 such brands of anti- freeze on the market—sold under various names). And alcohol, as you know, and as they found out, boils off. On the other side of the picture millions of car owners breezed through the winter with Eveready Prestone...without 2 worry. If you want guaranteed protection against freeze-up, against tust, all winter long, you want Eveready Prestone. Look up your car on the chart below, see how little it costs for complete protec- tion from now until the flowers bloom in the Spring. Go to any dealer flying the Eveready Prestone banner and fol- low the best advice any service man can give you: 36 452; 355-60"99 4 a 413 Ya 4s EVEREADY -PRESTONE THE GUARANTEED ALL-WINTER ANTI-FREEZE eter tr catesiesll mee 0, 7315 900, 97033 1130, 1870 se 2604, 88005"95 en, 110828 TY noel 4.40 aie siwen™ 4h 4y t ve Tin fae ts +6 iy ad =) =y 8 The words “Eveready Prestoue"’ ave the trade mark of National Corben Company, Inc.