Evening Star Newspaper, December 5, 1935, Page 42

DAILY SHORT STORY SAFE BET THE EVENING STAR, WASHINGT DSTRBUTON HEL LEADNG PROBLEN of purchasing power through cone sumptive channels. Slow Demand Rate. “7. ‘The slow rate of growth of consumptive demand serves to retard the rate at which new capital is con- structed and hence the rate of eco- nomic progress. “8. The primary need is a rapidly D. C, THURSDAY, DECEMBER of two McCurtain County officers, pleaded guilty unexpectedly in Dis- GETS LIFE SENTENCE trict Court here late yesterday just Oklahoman Pleads Guilty to Slav-|after a trial jury had been selected. He was sentenced to life imprison- ing Two Officers. ment for one offense, and to 99 years IDABEL, Okla, December 5 ().—|for the other. Julius Bohannon, 29, accused slayer' Bohannon shot Sheriff’s Deputies E. J. Whitten and W. B. Wilmoth August. 8, 1934, as they were question- ing him. Bohannon, who had served a sentence for robbery, was believed by officers to have thought “the heat was on” him for a bank holdup at Naples, Troubadors of 01d. The troubadors of the Middle Ages composed and sang their own songs, but did not play their own accom= paniments; that branch of music was turned over to hired musicians, called Jongleurs. By George Morrison. - expanding total income, and a broad- er diffusion of this income among the +%at him with exasperation as Herbert Weston hastily finished his poached egg and swallowed the last mouthful of hot 2 coffes with one eye on the kitchen clock and the other on the sports sec- tion of the morn- ing paper. Flinging down his napkin, he made a ; lunge for his coat 3 and hat andstopped 40 kiss Bess good- by, more as a con- ventional husband- 1y gesture than as § B premeditated eal- utation. She de- tained him forcibly this morning, how- ever, by the simple expedient of grasp- A ing his coat lapels as he squirmed into his coat. «“Listen to me, Herbert,” she com- manded. “Don't forget to send & check to the real estate office in Washington today! Itl take our last thousand | dollars from the bank, but it will clear the mortgage. “All right, my dear.” He loosed him- gelf and dashed out of the door, and his good-by came from halfway down the stairs. Bess shook her head in dis- may. With his usual morning concen- tration he would probably forget her words before he was halfway into town! But oddlv enongh. Herbert didn't forget this day. Very probably it was | because of his having been thinking | ebout that final thousand that still| reposed in their bank account. He rather hated to be left without a re-| gerve in case of emergency, but there | (t was. Either pay the balance due on | their Kensington home or lose it! Sometimes he wished that in his bach- elor days he had been more frugal and eaving instead of being the good- natured spendthrift he was. l ok x K Y THE time the bus reached Thir- | teenth street he had digested all| of the sport news and was concentrat- ing upon the racing selections for the day. Herbert's one hangover from his | pre-benedict days was his inveterate ‘weakness for betting the ponies. Not that he considered himself & | gambler, by any means. Sometimes he wagered as much as $15 on a horse | that he selected from the papers, and | oddly, too, he won more than he lost. ‘With his mind on the mortgage and | his eye on the racing columns, perhaps it was natural that Herbert should ar- rive at a brilliant conclusion. He hurried to his office and spread the paper out upon his desk, and went into & huddle with himself. Why not, | with his proved knowledge of superior horseflesh, pick a sure winner and bet | his bank roll for an assured profit? The immensity of the idea held him | fascinated for some time. Even at the short odds of a very favorite horse he could at least double his money, and wouldn’t Bess be surprised and pleased when she learned of his acumen? . [ALL morning Herbert played with | his idea, becoming more and more | Intrigued, as a mouse under the basilisk | stare of & king cobra. A painstaking | examination of the entries, at the ex- pense of his ordinary business, nar- rowed Herbert’s fleld to two horses. Either Jason or Mint Lassie would be | an Infallible choice. He flipped a | coin to determine his choice, and was a bit pleased when Jason was the one finally selected. The name suggested He decided to quit. Dr. Moulton Tells Industry Session Production Is Secondary. By the Associated Press. NEW YORK, December §~Dr Harold G. Moulton, presidant of the Brookings Institution, told the Con- gress of American Industry yesterday, “the greatest problem confronting busi- ness managers in modern times is not production but distribution.” Addressing the congress which is held in conjunction with the annual convention of the National Association of Manufacturers, Dr. Moulton re- viewed some of the findings of the Brookings Institution's economic survey. Conclusions Included, Fhese, he said, included conclusions shat: ‘1. We have never lived beyond our economic means or capacity. breath, Herbert grabbed his office phone. He called a number and when it was completed he strove to be non- chalant as he in- structed: “‘Hello, Ted? This is Her- bert Weston. Yes. Listen, Ted, put & thousand on Jason in the third at Hanmy Downs for me. No, you heard right, $1,000 to win! I'm sending a boy over right now with a check to cover the bet. Not at all, good-by. ik % s HE REPLACED the phone slow- 1y on its cradle and mopped the tiny beads of perspiration from his brow. There, he had done it! As he made out the check and sealed it in an en- velope for the boy to deliver he had just the faintest misgivings. By 1 o'clock in the afternoon he was s0 jittery he decided to quit for the day. He almost wished that he could re- call his wager, but then, he reassured himself, it was really much nicer to have $2,000 than just one! And if he did it countless times with $10, why not with a thousand? It was the ex- pert knowledge that really ceunted! By 2 o'clock Herbert's nerves were ragged. He could feature the race “2. We have not seen suffering from general over-production. “3. We have not as yet reached a stage in our economic evolution at which it is possible to provide adequate standards of living for everybody. “4. It would require less than s 25 per cent increase in purchasing power; among the masses to absorb our full | productive capacity. “5. Production curtailment pro- grams—whatever their merit in meet- ing temporary maladjustments—can only lead to national impoverishment. “6. Our inability to find markets adequate to absorb the full output of our productive establishments is ex- | Herbert slumped at the phone, like | | How was he to take the sunshine | being run, all except the outcome. Jason must win! At 2:05 he trembl- ingly called the newspaper which printed the racing news for the re- sult of the race and inquired the winner of the third at Hanmy Downs. “King Midas!” came the succinctly impersonal voice over the telephone. | plained by the unequal distribution of income and consequent restricted flow & boxer ranging on the ropes. He| had taken a chance, and lost! ok FOR hours Herbert wandered the streets in a sort of daze. For | the life of him he didn't know how | he was going to break the news to | Bess. He had visions of a big scrap, | and a divorce action, and people pointing the finger of scorn at him | for the gambler he was. Mentally he vowed fervently never to bet on | anything again, not even match pen- nies with the office boy. . At his usual dinner time he softly opened the door of the home which | would no longer be his after today. | Bess’ cheerful voice as she, as usual, | related to him the small events of her day, plunged him still further | into gloom and self-denunciatior. | from the life of his faithful help- mate? He straightened up suddenly as| one of her sentences bore in upon his consciousness. ‘What did you say?” he shouted. “Please, Herbert, don’t get so ex- | cited!” she answered. “I merely said that, knowing you would probaly for- | get, I drew the money from the bank | this morning and paid off the mort- gage. And that reminds me, some- body named Ted called here and said he cowldn’t get you at your of- | fice. Something about a check being no She looked contritely at him. “I'm sorry, Herbert, if my. drawing money out the bank has embarrassed you if you made out a check! | Herbert subsided and ran a finger | around his confining collar relievedly. “It’s no matter, dearest,” he depre- cated magnanimously. “I realize mis- takes will happen!” | (Copyright. 1935.) GEN. DENHARDT DECIDES " TO RESIGN DECEMBER 10 Will Leave Office With Rest of | Laffoon Administration Rather Than Fight for Post. By the Associated Press. FRANKFORT, Ky. December 5.— Brig. Gen. Henry H. Denhardt chose | yesterday to go out of office December ; 10 with the rest of the administration | of Gov. Ruby Laffoon rather than| fight to hold his authority as adjutant | general until March 16, 1936, as he | claimed he could. et Gen. Denhardt, a storm center of | the recent bitter primary and general | election campaigns in Kentucky, said he resigned because he felt that “it | would not be right or patriotic for me to do anything to cause a continu-| ation of the bitterness and strife which has torn Kentucky during the | past year.” He sald he did not wish | to embarrass Gov.-Elect A. B. Happy | Chandler. Talkies for Navy. Every British warship is to have its | own talkie equipment. Don’t Let Santa Mar Your Floors —with the kiddies’ toys, trains, etc. USE PLYWOOD Piece SI .“ 436, special . Plywood s the ideal wood for 8 tree bat ih den swell Job "ot decorating 6 NEW TRUCKS ure prompt delivery on even your smallest order. Phone us now J. FRANK ELLY Lumber & Millwork 2121 Ga. Ave. NOrth 1341 $20.0 Don’t Irritate Indigestion, GAS BLOATING END IT! Harsh, Raw Alkalies Often Read How Thousan: Simple Bacteria Removal. AND HO masses of the people. “9. 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