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2 FRANC BULLETIN — LONDON, Jan. 10.—British bombers, protected by hundreds of fighting planes, swarmed over German occupied northwestern France for one hour this afternoon covering an area of 1,000 square miles. The great daylight raid blast- ed airdromes, military installa- tions and patrol vessels. Coastal observers at one place counted over 50 British bombers roaring along the channel aided by eight-gun Cighting planes. It is estimated that the fight- ing planes outnumbered the bombers by ten to one, indicat- ing that some 500 planes were used in the tefrific and mam- moth_aftack. Late afternoon reports declar- ed that so sudden was the raid that “enemy anti-aircraft gun fire was not even brought into play and very few enemy planes went up to engage the raiders 2d the few that did were quick- knocked down or they beat a hasty retreat to bases.” - J. W. Club to Honor Departin_g_Members A farewell party and handker- chief shower for Mrs, Fred Tiedt and Mrs, George Leveque will be held tomorrow night at 8 o'clock at the home of Mrs. R. R. Her- mann. Mrs. Fred Tiedt will leave next week with her family to join her husband in the States, while Mrs Leveque's destination will be Fai banks. Both have been extremely active in the Juneau Woman's Club, Mrs. Tiedt serving as Vice- —_— N%"’,'],'“S#f’d ,Nd ’S'PENDIIA{_GSPR_EE'“ ehoad HHES DLANNED FOR ALASKA, Are Announced At an installation, to be held jointly with the Rainbow Girls tomorrow evening at 7:45 o'clock in the lodge room of the Scottish Rite Temple, the following De- | Molay's will be conducted into of- fice: Bob Scott, FLU TAKES 7 AS PIONEERS’ HOME STRUCK Old Iimers_I;assing Out No “spending spree” is contem- plated by Territorial administrative officials, and the bonding of Alaska is not within the realm of possibility because such action is forbidden by the Enabling Act passed by Congress in 1912, Secretary of Alaska E. L. (Bob) Bartlett declared recently in Fairbanks. ° According to a report in the Fair- banks News-Miner, Bartlett is on a trip to talk with Legislators and others in various comunities in the hope of gaining information that will be helpful in connection with Master Councilor; Clifford Furnness, Senior Councilor; | Leroy Vestal, Junior Councilor; Jim Glasse, Treasurer; Lee Lucas, Scribe; Charles Porter, Senior Deacon; Fred Sorri, Junior Dea- con; Hallie Rice, Senior Steward Griffith Nordling, Junior Steward; Russell Hermann, Chaplain; Harry Sperling, Marshal; John Bavard, | Almoner; Jack Newmarker, Orator; Alexander Miller, Sentinel; Bob Sa- | tre Standard Bearer; Donald Hayes, | 1st Precepter; Horace Adams, 2nd legislation at the approaching ses- sion in Juneau. There has been considerable mis- as Disease Hits Residents An epidemic of flu has struck the Pioneers’ Home at Sitka, with the result that seven of the pioneer resi- dents have died since January 1, according to a radiogram received today by Gov. Ernest Gruening from Superintendent Eiler Hansen. Hansen has postponed a contem- plated trip'to the States until spring | because of the situation. Among those who have died are Nels Peterson, Martin M. Ravenkilde of Sitka, George W. Thompson of Nome, and Adelbert Brown of Wran- gell. Precepter; Blair Miller, 3rd Fl‘e-“ A i : e daod cepter; Malcolm Faulkner, dth understanding in numerous places, ? 2 .. | Bartlett said, with respect to the roll Preoegiter; Altred Brown, bth Fro lof the Alaska Planing Council in cepter; Simpson MacKinnon, 6th| " 4 tax matters. The Council has made f:;f:fw' HBpIE: Dedn Tul no definite recommendations, It Following the public ceremony. made SL;“:‘eS oli::_x ptx;:)bler:ls :’“: o » b '4 a view of transmitting em 'oug! ",l;s:: will be a dance in the ball the Governor to the Legislature, ) Fears Groundless | Fear has been expressed in some |quarters that the Legislature will — e ERAIDED TODAY BY RAF THE DAILY ALASKA EMPIRE, FRIDAY, JAN. 10, 1941. — e e — INAZI GOES TO PRISON; USED BAD PASSPORT | SECRETARY DECLARES 41t He Carried Money for Spy Work fo Other Countries NEW YORK, Jan. 10.—Assistant U. S. Attorney Richard Burke as | serted today that Isidore Lazarus. | sentenced to prison for ‘passport fraud, carried large sums of money irrnm Germany for such top Nazi |leaders as Goering, and deposited it in other countries where some “be- Heved it was used to finance espion- |age work and popazanda.” | Lazarus, 58, pleaded guilty to the indictment which alleged he made false statements in obtaining a pass- port, and using the passport so ob- | tained. | He was sentenced to two years in | the penitentiary and was fined $2.- 500 by Federal Judge Leibell. A. B. PHILLIPS REPORTS END OF | REDCROSS DRIVE (Sum of $1,599.49 Receiv- | ed by Committee - All Towns Nytfl?eporfed | | | | | ifiévemor ~ OnVisitlo ~ N.G.Drill New Equipment Arrives Including Helmets Gov. Ernest Gruening and party paid a lengthy visit and inspection tcur of Company A, Juneau Alaska National Guard, during regular drill and study periods last night in the local armory. Besides the Governor and his party, a considerable num- er cf local citizens also visited the local unit. The local company of the 1st Bat- talion studied various subjects dur- ing the drill hour, which included, ! manual of arms, marching drill, for- mations, gun sighting and gun nom- enclature. Equipment and wearing apparel has been arriving weekly for the lo- cal company. Included in late ship- ments are trench helmets, and two trench mortars, Headquarters Detachment of the local u set up its wire cart and other equipment is practically new. Few absences were recorded last night, but cfficers and officials at the head of the Guard report that absences without excuse will be dealt with according to the usual proced- (ure. Men are again cautioned not to be absent. ->oo THE WEATHER (By the U. S, Weather Bureau) U. S. DEPARTMENT NF CON¥ MERCE, WEATHER BUREAU Forecast for Junean and vicinidy, beginning at 4:30 p.m., Jan. 10: Cloudy; occasional showers tomight and Saturday; little change in temperature; moderate southeasterly winds. Forecast for Southeast Alaska: Cloudy; = occasional showers to- night and Saturday; little change in temperature; moderate south- easterly winds, becoming moderate to fresh Saturday afternoon in south portion, and fresh to strong southerly winds, decreasing Sat- urday in Lynn Canal, Forecast of winas along the coast of thé Gulf of Alackn: Dixon Entrance to Cape Spencer: Occasional showers; moderate to fresh southeasterly winds, becoming fresh to strong Saturday after- nobon; Cape Spencer to Cape Hinchinbrook: Occasional showers; moderate to fresh southeasterly to easterly winds; Cape Hinchin- brook to Resurrection Bay: Local showers; moderate to fresh north- easterly winds; Resurrection Bay to Kodiak: Local showers; moder- ate to fresh northerly to northeasterly winds. LOCAL DATA Barometer Temp. Humidity Wind Velocity Weather 38 74' SE 14 Rn,sn.mixed 40 91 SE 8 Rain 41 87 SE d Overcast Time 4:30 p.m. yesterday 29.34 4:30 a.m, today 2945 11:30 am, today 29.58 RADIO REPORTS | TODAY 4:30 am. Precip. 4:30a.m temp. 24 hours Weather 10 Stow -14 Cle Pt. Cldy Cloudy Cloudy Cloudy Cloudy Sleet Int. Rain Clear Lo vest temp. 4 =14 Max. tempt. last 24 hours 10 Station Barrow Fairbanks Nome Dawson Anchorage Bethel St. Paul Dutch Harbor . Wosnesenski . Kanatak Kodiak Cordova Foggy Clotidy President and Corrésponding Sec- at St. Joseph’s Hospital at Fair- retary, in the past, and now hold- | panks, January 3, to Mr. and Mus. ing the office of Chairman of the Milton Lagergren, formerly of Ju- Department of International Rela- neau. tions, while Mrs. Leveque has con-| The annual Red Cross roll call Dinner Last Night man, A. B. Phillips, with a total lof $1,599.49 received. ducted the Story Hour on the radio for the past two years, The committee in charge of the affair is headed by Mrs. J. M. Clark, and all members and friends are Following is a list of the dona- tions: Elfin Cove—$5, Haines—$44, Kimshan Cove—$27.50; Petersburg— $234, Tenakee—$27.85, Windham Bay—$2, Yakutat—$80 and Juneau MRS. Mogseth has thmehmhemh K Entertaining eight guests last ev- ening at her home on Hemlock Wgy, Mrs. Arnold Mogseth was hostess) Rain Cloudy Rain Rain Cloudy Pt. Clay Clear Cloudy Juneau Sitka, Ketchikan “ Prince Rupert Prince George .. Seattle . Portland San Francisco WEATHER SYNOPSIS Rain was falling this morning over Southeast Alaska and or snow was falling at some 'points in the Alaska Peninsula and the Aleutian Islands, and snow a’ Barrow. Cloudy or partly cloudy skies prevailed over most of southern and western Alaska, and clear or partly cloudy elsewhere in Alaska. Rain or snow had fail- en during the previous 24 hour; in Southeast Alaska and along the ‘coast from Southeast Alaska t> the Aleutian Islands, and over Northwest Alaska from Seward Poninsula to Barrow, Temperaturcs were much above normal over northern Alaska but were falling slightly in Central Eastern Alaska, Fairbanks having reported minus 10 degrees this morning. Overcas:, light, to moderate rain and some fog, with low ceilings and good t> moderately poor visibilities pro- vailed this morning over the Juneau-Ketchikan airway. The Friday morning weather chart indicated that an occluded front moving slowly northeastward extended from .a low center ol 975 millibars (28.80 inches), located at 54 degrees north and 150 de- grees west, southward to a wave formation with a low center of 993 millibars (20.32 inches) at 38 degrees north and 149 degrees wesi, which was moving more rapidly northeastward. Pressure was rela- tively low over Alaska. A high center of 1019 millibars (30.09 cordially invited. - > Phi Beta Phi has membership of any rority. - eee i | Death Valley, once an area of the largest|thirst and grave danger, was vis- college so-|ited by 80,842 persons in the 1939- 40 season. R R ST 'Hollywood Sights And Sounds By Robbin Cosns. HOLLYWOOD, Cal, June 10.—Carmen Miranda of Brazil is learning English for the movies, but after meeting the lady T'm not sure it isn’t pretty much a waste of effort. ‘With scarcely any spoken word, she can tell you what she thinks of riding in airplanes, or tell about her sensations while trying to shop in New York. She accomplishes this by cha- acteristic broad and sweeping gestures, by the toss of her head, the dancing of her brown eyes, the expressive gyrations of her hands. She is a statelier version of Lupe Velez, with the in- genuous, rather impish impression of a Sonja Henie. She is Hollywood's current excitement. She was wearing navy blue slacks and a subdued blue ban- dana when I saw her in her dressing room. She looked smaller than in “Down Argentine Way” or on the stage. The turbans, she explains, give her added height. She does much of her ex- plaining through Aloysio Oliviera, leader of her Bando da Lua which is here with her for “The Road to Rio,” and through Zacharias Yaconelli, a technical adviser and her current English teacher. Between Miss Miranda's won words, her sign language, and her interpreters, I gathered that: She had been to her first Hollywood party the evening before, had stayed out too late — to 4 a. m. — and it was a grand party. She had expected to find Hollywood a ‘“village” and was delight’ to find itnot. She never act’ before, till now, but she lov’' it — “eevrybody help, Mees Faye, Meester Ameche, PERCY’S CAFE ® sTOP AT PERCY'S CAFE Breakfast, Dinner or Light Lunches © DELICIOUS FOOD © FOUNTAIN SERVICE |ary tax structure. This is not so, sized, to have the Territory enter on - |sed for economy will run head-on in- this is the fact that Territorial tax ¥ The youngster joins two Other| ,equced Bristol Bay salmon pack Well ‘known here, the family| e less than average on account of | + e [Rotary Bell Presented fo All in all, the. situation poses a | governmental administrative agen- | To spread the tax load more ev- Bacon, President of the new si!ka= |ernment stability of income, which |genization at Sitka Wednesday by | reached, Bartlett said, or if it should | Club, made the presentation. |ing through their Legislators. | kans with a gavel. | persons or interests that desire to|night. |the Organic Act, the Territory is | along another Juneau Rotary bell. ;mo\'ed only by Congress. Mrs. Henry Green, Mr. and Mrs. | Foss, Mr, and Mrs. Wilbur Wester are: Walter Bacon, President; J, J. Mrs. Beulah Osborne was initi-|in, Secretary, and C. E. Wortman,| The Dr. Charles Charteris, J. J. Con-| meeting was held at Union Hall. Sebenico, presided and Mrs. Emily| Club starts off with a membershlp‘ tion of her work. Refreshments were | [ | Bartlett said positively. | Of news to Juneauites comes nn-;";‘hn'gmndmg Bpfee; b tns JRUC boy, Donald Miles Lagergren, bOM |, e hroblem of serving measurably | receipts for the calendar year 1940 GEIS SEMF children, a girl, age 3, and a boy.|gpq the likelihood that fish taxes moved to Livengood about a year closures expected in important fish- iprohlem which will demand the best. New CIUb at Char'er cies to solve, Bartlett said, ! enly, to bring about equity in taxes Rotary Club will call members to/ now is sadly lacking, are objectives| the Juneau Rotary Club. Dr. W."M. | be reached, is a matter to be deter-, District Governor R. Vincent | The fear sometimes has been ex-| A party of Juneau Rotarians ro- place the Territory in debt. Of Today Borleske flew to Fairbanks| |clearly prohibited from going into| Those making the Sitka trip were; Keith Wildes, Mr. and Mrs. Bert Ladies’ Auxiliar y |and Bill Walker. | Conway, Vice-President; E. J. Cron- | ated last night as a member of| Sergeant-at-Arms. The Directorsare| | way, P. S. Ganty, Robert Jernberg Stender, outgoing president, was of 16. | served after the meeting. | il NG | -‘l | 1 { | | ‘Son Born af Fairbanks ve asee to adont some revalition- e ] To Milfon Lagergrens *xo e deres sorieit emph- | | Bouncmeiit, of the birth of & bahy| o i c. Viah 80 it o increased population. Coupled with | will be smaller oh account of the 2 years old last Christmas day. |for the calendar year 1941 will also| FROM JUNEAU ago. |ing districts. talent of Alaska business, labor and ceremonies | Equity Sought A brass bell with which Walter | and to assure the Territorial goy-|Order, was presented to the or- |long sought. How that goal can be Whitehead, President of the Juneau !mined by the people of Alaska act- (Nig) Borieske presented the Sit- | pressed, Bartlett said, that there are|turned on the Northland last| | course, this cannot be done. Under|to install a charter there, taking| debt. That prohifition can be re- Dr. and Mrs. Whitehead, Mr. and' McDowell, Mr. and Mrs. Harold| Inifi a'es One| Officers of the Sitka Rotary Club| the Juneau Ladies Auxiliary. ! The new president, Mrs. Leona and R. E. Evanson. The Rotary presented with a gift in apprecia- | i INSTALLS NEW HELP AN ALASK AN ‘ 1911_ OFFICERS £ 1 L o | Telephone 718 or write At a formal initiation held 7last| ‘The Alaska Territorial evening at the Scottish Rite Tem-‘ Employment Service for this qualified worker. retiring Worthy Matron Mrs. Mil-| RADIO TELEPHONE OPERA- dred Wyller, assisted by other in-| TOR-TIMEKEEPER — Young man”stnlllhg officers of the Eastern Star| R Stock QUOTATIONS | |about three weeks in Seattle and| ple Mrs. Helen Webster and her| group of officers were installed by # —$1179.14, The amount receied this year is approximately $500 more than has ever been collected before. And in|for Bremerton, and also in fareweil previous years the Juneau district ¢ Mrs, Georze Leveque and son, included Sit which city, bccamc‘“.hn will leave by plane for Fair- of the navy base, now has its own|panks soon to join Mr. Leveque, who | chapter. !has been in the interior for the past‘ To date, Angoon, Douglas, Hoo-|year with the Fairbanks Explora- nah, Kake, Skagway and Chilkoot tion Company. The dinner also com- Barracks have not yet reported. | plimented the birthday of Mrs, Lev- g | eque. with a dinner party. The affair was in farewell to her husband, who plans to leave Monday | EREENES- £ PRt Girl Scout Troop To Give Festival At a meeting of board members, censultants and leaders of the Girl Scouts troop 3, held at the home of rs. Earl McGinty, plans were sed for a folk dancing festival to raise funds for the treop. The festival has been set for April 19, to be preceded by a dessert lun- cheon. An international theme will |be used for the occasion. Dow, NES Ok | W JORES APBERGES Mrs. Lyn Gemmill is now assis- The following are today's Dow, Jones' averages: industrials 133.59, ‘.;mple;i::wcf ;heth“mp i Mrs rails 2973, utilities 20.55. ; gL e AW cabault ;. ant for winter sports. FICKEN LEAVES L ‘Setler Satko's " ONTRIP SOUTH North Sea . torship Northland for Seattle. Is SKk Ficken, manager of the Alaska| i o . Meat Company, plans 'to sperd| idia}x:m;a?;(?ullikoeldnic:;hof;a:rM;l:- neauites, has come a cropper in the current flu “epidemic.” Papa Satko, who himself is still wobbly from the popular ailment, says baby Satko got a mustard paster lon her chest at 3 o'clock this morn- ing and by 7 was much improved. The Satkos are still living aboard their Ark in the boat harbor. SIMMONS BRINGS IN 5 PASSENGERS FROM RUN WITH LOCKHEED NEW YORK, Jan. 10. — Closing | quotation of Alaska Juneau mine stock today is 47:, American Can| 94':, Anaconda 26 7/8, Bethlehem Steel 88's, Commonwealth and Southern %. Curtiss Wright 9'.,f General Motors 48'¢, International| Harvester 53, Kennecott 36':, New York Central 15, Northern Pacific 7!4, United States Steel 69%, Pound| $4.04, Portland on a combined business and pleasure trip. -~ Morgenthau Aid inches) was located at 28 degrees north, 136 degrees west, and a second high center located at west. Juneau, Jan. 11 — Sunrise 9: 31 degrees north and 174 degrees 3) am., sunset 4:33 p.m. — ing of the Douglas Fire Department last night. Inspiration for the movement was zontained in a letter from Gov. Ern- a5t Gruening to Mayor Kilburn who explained the purpose of home juards, protection of public build- ings and utilities. Treadwell through W _E. Cahtill, he said, will cooperate with establishment of two home juard units, He also referred to a letter which he received from Fire Chief V. W. Mulvihill of Juneau and his plans for similar organiza- tion. Andrews, who was selected by Mayor Kilburn to head the move- ment, spoke briefly of his seven years in the United States army and outlined his plan of teaching the soldiering. Three squads of eight men between the ages of 18 and 50 years are desired to drill one night a week at the natatorium and he asked the assistance of the Fire Department. Several men present signed up for membership. e, D. H. S. LINE-UPS FOR BASKETBALL TONIGHT Douglas High School enters the inter-school basketball series which starts here tonight in the new School yymnasium with the following line- ups. Pirst squad—Harry and Frank Cashen, forwards; Gordon Wahto, center; Robert Fleek and. Elmer | Savikko, -guards; subs — Glenward | Kronquist; 'Jdmes Devon and Glen Kronquist: B Second string—Dan and Frank} Krsul, forwards; Dale Fleek, center; | Kenneth Shudshift and James Doo- | 3an, guards. For the preliminary which the trio of games starts off with beginning at 7:15 o'clock sharp, Coach Pool has at least a dozen boys for the two ! teams. Rev. Knight and Claude Er- | skine ‘will be the referees. Plenty of pep is assured for vis- itors and players alike as Dorothy Langseth and Betty Bonneet as yell leaders will do their stuff accompan- |id by the school band. ! ———————— | | DOUGLAS WOMEN KNITTING Seventy pairs of knitted hosiery for men and children of England is | the record to-Gate of a group of Douglas women whe have been sew- ing under the Juneau chapter of | Red Cross, for the victims of that | war-wrecked country. By machine Mrs. J. R. Guerin is doing the main parts of the hose !which the rest of the workers add the heel and toes by hand. Another group of women is making pajamas according to’ report given. B H. KANGAS DIES H. Kangas, old time resident of the Northland, died recently at Fairbanks at the age of 59, He had ‘lived in Alaska 31 years. T DOUGLAS (OLISEUM TONIGHT: and' FRIDAY THRIFT CO-OP Member. National Retailer- Owned Grocers NEXT TO CITY HALL PHONE 767 * 4 and — what's-hees-name, the he’s so ni-i-ize!” She lov’ pictures — in New York “many times I am go to single, age 23, high school gradu-| Order. ate, Holds 3rd class radio telephone | license, three years' experience in|Was Presented with a jewel in ap- radio. Also experienced as nme-: teeper and payroll clerk. Call for| Harry Jensen who filled the un- 8 242 P S L © REFRESHMENTS di-rec-tor? Meester Cummings, During the evening Mrs. Wyller | preciation of her work and Mr. | | { | | expired term of the former Wor-| | thy Patron was also presented with | Shell. Simmons brought five pas- sengers in from Chichagof and Hirst today in the Lockheed, Mrs. Jack Russell, K. Kezele, both from Chich- agoff and Joe Nylan, Bert Slotre and Mhael Filo from Hirst. e l’nf a Covic Diesel in Your Boat If You Want MORE ROOM IN YOUR BOAT More Miles for Your Money A Comfortable, Quiet Ride An ‘Engine that Instantly Starts Assurance of Safe Trips Freedom from Fire Hazards A Broad Range of Smooth Speeds Low Operating and Mamtenance Costs ¥ pictures after my show, at 12 o'clock, and see two features. I learn words zat way, and through the ray-zjo too. I meet her so far only Cesar Romero beside those in the picture with me. I am afraid to meet osme — of my favorites — afraid they not Jook the same out of pictures. But many I see look better. I myself not like be seen much — maybe I not feel well, and fan say, ‘Uh, that Miranda — not so good without make-up, heh?’ Better for artists not be seen too much. . . Her real name is Mario do Carma da Cunha. She was born in Portugal; she’s about 27, and educated in a convent in Brazil. She was less than 20 when she began her singing on the radio. When she made phonograph records (more than 300 to date) and appeared in clubs and theatres, clicking all the way, her transfer to New York led inevitably to films. Hollywood, she confides, is good for her health, whereas New York always gives her a headache (so much noise, too many people). “Here,” she says, “there is room to move around. New York . . . " She describes it perfectly without words, with hands imitat- ing a whirlpool. JOHN O’BRIEN DIES |a gift. A short program was en-| John O'Brien, 58, who went|Jjoved, at which time Miss Merle nto Fairbanks in 1901, died there|Janice Schroeder sang two selec- ‘ecently. He was employed by the|tions, and Miss Corrinne Jenne United States Smelting, Refining| #ave two vielin numbers. ind Mining Company. | After the lodge room service, re- - - MASONS ELECT Harry Hoyt has been elected Worshipful Master of the Masonic| Lodge at Anchorage. Others named vere Ray Mathewson, Senior War- ien; Raymer S. Brown, Junior War- | len; A. R. Sessions, Treasurer; Sol| 3ilverman, Secretary. | Mrs. John White, wife of PAA’ - |auditor at Fairbanks, who flew in| The Daily Alaska Empire has the from the Interior yesterday and | argest paid circulation of any Al¢/was to go out on the Northland aska newspaper. |last night, has decided to stay e over a steamer and visit friends| HELEN HAYES SAY! ““The here { Story of Dr. Ehrlich’s Magic| Mrs. White, a guest at the Bar- quet room. PLANS TO VISIT JUNEAU FRIENDS i Bullet' is the finest motion pic-|anof, will sail on the next steamer pi ture I ever saw.” adv. | south, the Alaska. | freshments were served in the ban- | 7 DIES AT SEWARD | Charles Christenson, oldtimer and i nightwatchman at the dock in Seward, died recently at the wheel of his car when driving home. He was 74 years old. Redu ced Insurance keates’ Smokeless, Odorless Exhaust : Can Be Easily Hand Cranked CHARLES 6. WARNER CO. | NEwWs | Ferdinand Kuhn, Jr, Former U. S. newsman in London, | “HOME GUARD” PLAN IS Ferdinand Kuhn, Jr., has been ap-| ANNOUNCED, D. F D. MEETING nointed by Secretary of the Trea- sury Henry Morgenthau, Jr., as his | special assistant., Kuhn is expected o 22¢ 22 a liaison man in connection | with America’s aid to Britain. Under the leadership of World War veteran Walter Andrews or- ganization of home guard units for Douglas was started at regular meet- 1 GMC T RUCKS Compare Them With All Others! PRICE- A Cco PPEARA DURABILITY ORS MOTOR C€O. NCE - ECONOMY