The Key West Citizen Newspaper, May 11, 1936, Page 2

PAGE TWO The Key West Citizen | FEARS HOLD BACK RECOVERY Publis THE CT i Daily “Except Sunday By PUBLISHING CO., INC. L. P, ARTMAN, President ALLEN, Assistant Business Manager From The Citizen Building and Ann Streeta JOR Corner, Greene }y@ Daily Newspaper in Key West and Monroe County. - cr of the Associated Press ae Associated Press is exclusively entitled to use for rept lication of all news dispatches credited to it or not otberwise credited in this paper and also che local news pubtished here. SUBSCRIPTION RATES yne Year ........ éix Months Three Months gne Month Iely $10.00 5.00 DVERTISING RATES Made known on application, SPECIAL NOTICE All reading notices, cards of thanks, resolutions of cespect, obituary notices, etc., will be charged for at the rate of 10 cents a lin fer entertainments by churches from which nue is to be derived are 5 cents a line. fitizen is an open forum and invites discus- d subjects of local or general 1 not pubiish anonymous communt- infercst but it raftions. sgn FOR KEY WEST | ? ADVOCATED BY THE CITIZEN Water and Sewerage. Innd. *r>e_Fort. | &. Bridges to complete Road to Main- Hoteis and Apariments, baching Pavilion. cporis—Land and Sea. Cx soiidation of County and City Governments, a THE KEY WEST CITIZEN WILL always seek the truth and print it without fear and without favor; never be afraid io attack wrong or to applaud right; always fight for progress; never be the or- gan or the mouthpiece of any person, clique, faction or class; always do its utmost for the public welfare; never tolerate corruption or ‘njustice; denounce vice aud praise virtue; commend good done by individual or organ- ization; toierant of others’ rights, views and opinions; print only news that wiil elevate and not contaminate the reader; never eom promise with priaciple. If you must ‘take a walk,” don’t bea After awl, Schumache: Giants’ best bet. is the New York It appears that most favorite sons themselves father the idea that they are favorite sons. One of the troubles with the old world is that it is packed with people telling other people what to do. People who fail to mind their business are rarely equipped to take care of other people’s problems. own Most campaign speeches insult one’s intelligence, if any, but somehow we fall for the bunk put by our own side. A monument is proposed for the man who invented po teards. The inscription ight appropriately “Wi:h you were here.” be About 3,000 new words are invented every year, still we often find it difficult to express ourselves in parliamentary lan- guage. 29 Only 23 Republicans have registered Key West. We know 23 to be a jinx number, so Roosevelt is sure to carry Mon- roe County Convicts in prison have playgrounds, which kids in the slums lack, but would they exchange places. There is sub- stitute for freedom. no Judge Ritter doesn’t know when he is “fired. ampa Tribune. Everything is so topsy-turvy now that we would not be surprised if he is “honored” with a bet- ter job. Tuberculosis was once runner-up to heart disease in the marathon of death, but has been displaced during the last 10 years by cancer, the most repugnant of “the three. ij lows that followed the crash. It is str i nitely. i afl Business is getting better. It has re- covered to some exent from the abysmal ng | hard to go ahead. How much better would business be if it were freed from the constant threat | The Old Lump-of-Labor of poliical strangulation masquerading as | regulation, petition, and, finally, from a growing tax from actual government com-i | old ‘ump-of-labor notion had been burden which is disheartening to the in-} ! vestment of savings, and which ominously threatens to become confiscatory? No one can answer that question defi But it is not a coincidence that scores of responsible spokesmen offer the | opinion that these fears are a tremendous | | drag on the recovery movement. Fear in the utility industry is a case in ! point. record-breaking demand for its product and anticipating further increases Here is an industry experiencing a} in| power consumption in the near future. And | here is an industry which would normally, according to a number of experts and past of $1,000,000.000 a year for plant better- ment and expansion to prepare for in creased business, Yet utility spending this year will not be anywhere near that sum—because the + industry's leaders and security holders are aid. They are afraid of Federal policies such as exemplified by the Public Utility Act of 1935, now in the courts, which, if held valid, will disrupt the industry, de- stroy investments running far into the mil- lions and perhaps billions, make manage- ment into a rubber stamp wielded by bu- reaucrats of officialism over operating as well holding companies, They are afraid of tax policy—exemplified by the Federal three per cent gross revenues utility tax various similar state levies—which makes profitable operation and lowest rates vir. tually impossible. They are afraid of policy which favors the erection of great tax-free, tax - subsidized, tax - supported electric plants in various parts of the coun- try, though companics as a punitive a government even private are } able to meet the demand anid ask for noth ing more than a chance—just a fair deal no subsidies, no tax-exemption, What stake has the public in this? Well, when we hog-tie the utilitie.,it means that maximum service betterment and rate reductions are delayed or prevented. means that are thousands of our fellow citizens, of who 9,000,000 are still unemployed. that investors lose dividends, and coi quently suffer reduced purchasing powe at the expense of all business. It means that a great source of new taxes is de stroyed. And most important of all, it means that officeholders are becoming the masters, not the servants, of the private citizen, and are gradually strangling the forces of private initiative and enterprise that make for better times—for real and permanent American prosperity, — What is true of the utilities.is true of other industries. The utilities;are, the cen- ter of political attack now—any other business may be next. productive jobs to A LAWYER’S TRICK In New York is fie 71-story buildi of the Bank of Manhattan Company, institution whose history goes back almos* to the foundation of the gverrment. It recalled by a recent writer that the insti tution resulted from the shrewd trick of @ lawyer, who was none other than the no- torious Aaron Burr. At the time the bank was projected the group behind it were “in bad” politi lly and hence unable to obtain a bar! charter. They organized a water company instead, but in drawing the charter Bur aded a clause permitting the company to engage “in other necessary business.” The other business was rued include banking and it has been carried on ever since, The structure in Wall Street adjoins the lot formerly occupied by Federal Hall, the first national capitol, where Washing- ton took the oath of office as. President That tract treasury. If Aaron Burr and his associates could look upon the scene today they would marvel at the development which has re sulted from their clever scheme for obtain- ing a bank charter, al to con: is now and extend the blighting hand ! and by; 1 | It mean: | the site of the sub- apie : | the amount of work to be done are records, be spending in the neighborhood } jot fed Nor is st true | duced, | bitter aftermath. Well, THE KEY WEST CITIZEN You an Nation’s d Your’ Affairs Notion sill By WALTER E. SPAHR : Chairman, Department of Economics, New York nprrernos Last week 1 pointed out how the revived and subscriber to by the President of the United States in his Baltimore ad- dress of April 13. 1 also point- ed out that this old fallacy had been exploded long, long ago. and raised some questions for the reader's con.ideration which were de- signed to point out the fallacies and to lead the reader to the correct an- swers. Today I shall state the answers to those questions Contrary to the assumptions of the | lump-of-labor advocates, the amount of labor that can be employed and not fixed. Nor is it true that, if there is an increase in the supply of labor and the number of machines intro- unemployment will increase and wages decline. The statistical evidence over a period of years re- futes these assumptions. There can be, and there have been, temporary maladjustments, but the Icng-run trend has been an upward movement in the average standard of living, in average wages, and in employment | with the increase in the use of ma- chines and with the increase in popu- lation. The trouble today is that the pres- ent unemployment situation is being viewed from a sick bed with a sick man’s point of view. The world has been through the greatest war in human history, and the economic re- action has been one of the most severe this nation and the world have ever witnessed. But, if logic means any- thing at all, this distressing after- math should have been expected. We in this nation thought we were smart enough to engage in that insane orgy of the World War and escape the we did not escape. Now we might as well make up our minds to face the facts and set to work to dig ourselves out. And this does not warrant the assumptions that our fundamental economic and social institutions are all wrong or are responsible. Only an economic illiterate would reach such a conclu- sien. (Address questi eocecceccocovece Today’s Anniversaries 2HOCOOOHOOBOT OER Or i von Munchausen, in the employ against the Turks ame proverbial gerated stories Died Feb. Yon an scjdier Russia whose name associated with exa Iventure, born. » £997; ber Lowell, Boston founder of “The a noted institu- Died March 1709-—John philanthrop‘t Lowe ! Lectures,” ion, born in Boston. 1, 1836. 1236-—Josephus Larned, Buffalo, N. Y., newspaper editor, i vian, author and man of let- ters. born at Chatham, Ont., Can- ada. Died Aug. 15, 1913. 1854 -—— Ottmar Mergenthaler, Baltimore inventor of the linotype which — revolutionized pr nting, born in Germany. Diced in Balti-| more, Oct, 28, 1899, | Charics W. 1852 irbanks, REDUCED NIGHT | Died by It ought to be clear by this time that we cannot dig ourselves out of this depression by concocting magic economic formulas in Washington, all of which involve spending and the dissipation of the nation’s patrimony. There are some simple, but funda- mentally true, things about an eco- nomic recovery that anyone in his calm moments ought to be able to understand; and the sooner they are faced the better. They are these: 1. The condition of a nation is improved when its standard of living is raised. This is done when there are more—not less—goods and-services produced for con- sumption. 2. This calls for more produc- tion, more labor, more machines at work, more employment, more hours at work, more saving—not less of these things. More employ- ment and more production come when producers’ costs are re- duced, not increased. 3. Shorter hours for labor, higher wages, higher taxes on employers, higher prices for raw materials are absolutely the wrong things to recommend in a depression. These things, all of which are the pet hobbies ema- nating from Washington, mean obstacles in the way of getting started again. They mean re- stricted production, prcetonged unemployment, prolonged de- pression, prolonged suffering. 4. Every income earner needs to work harder and longer; and if he has no job he must sit up nights trying to make one for himself. He should save, not waste his substance. The millions of people in this coun- try must make up their minds that they have got to dig in as individuals and help themselves in so far as it is humanly possible. Forget about help from Washing- ton. There is no Santa Claus. Life can be and is hard for most people, and it has been hard in this depression. But all of us might re- member that while the World War did us immeasurable damage, noth- ing we have suffered compares with what the boys suffered who lost everything—their lives—in that War. It is time we as individuals get a grip on ourselves. And it is also time for the people in Washington to devote a little time to the study of elemen- tary principles of economics. zs ty the author, care of this newspaper) i oday’ s Horoscope day’s native and able; but likely to be crafty. You will work hard to way in the world, and the indica- that you sveceed. But, you should take great care to avoid any evidence of jealousy or envy, and” above all, not to make mischief, even in sport, for you will be in danger. make tions are will probably Jawyer, U. S. Sena- . Vice President of the United es under Theodore Roosevelt. born in Union Co., Ohio. Indianapolis, June 4, 1918. Gncatenen| 1870—Cokcr F, Clarkson. New York lawyer and technical direc tor in the field of automobile cn gineering, born at} Des Mo’nes, Iowa. Died June 4, 1930, Leroy Scott, born at Fairmount, drowning, in New 1929. nove York, July 21, TELEPHONE RATES IN EFFECT ALL DAY SUNDAY ON BOTH STATION-TO- STATION AND PERSON- TO-PERSON CALLS and person-to-person rates to most points are now reduced every night of the week after 7 o'clock. Southern Bell Telephone and Telegraph Co. ereted f-reliant | Died in} , gressman from the district gressional KEY WEST IN fourth T adopted by the commit DAYS GONE BY Happenings Here Just 10 Year* Ago Today As Taken From The Files Of The Citizen Well, two other lagents came into town and staged a seri come ry men d from ¢ Suppo: own sex. It has bees a modern of prohibition more to every conve x search warrants from Tampa and in only the six |places raided was any liquor found ; The owner of this place was a ‘vested and placed under bonds of $200 for his appearance |liminary hearing. He was )given a hearing before Pe: tice Rogelio Gomez and rele under the same bond. J. F. and E. A. Murpiy i | of the offic ‘ ‘raids. Proprietors |raided say these jed beans in a gentlen manner and at no time ea sctha or harsh la one 0: for pre sed | The Marx company has jan e t | proposition to tie ! Supply Board for | pipe line from the } Key West. A joint meeting o j board, city council and {commissioners will be held later date than May 20, lof the request of the M The Marx company nization whies sold the | for the Over-Sea Highway Pipe a | flows freely inte S. Smith, agent of Mal- Pores to reach Line, said today he had been {notified from New York that af- j ter the arrival of the S. S on Wednesday no freight be carried by the Steamers jJacinto, H. R. Mallory i cho. These vessel would carry only j Passengers ®and their baggage. | Other vessels would be placed — in freight carrying service. These iwould be the freighters Peco Medina and Brazos. ension of time to preser Monroe Wa a fresh wa to the mainianc on a time age is the bo the common itch. Tw Concho would San and Con Start them ing e1 i Final rehearsals will be held ithis evening for the oy | “Hearts and Blossoms” which be staged next Wednesday in the Garden Theater will be held to night. retta vill ad. ort | Mrs. | dre H ton a = Ruth Bryan Owen will the voters at Bayview P ght on her candidacy BENJAMIN LOPEZ 1} FUNERAL HOME Serving Key West Half Century 24 Hour Ambulance Service Hh | Licensed Emba:mer : Phone 135 Night 696-W OSS OM. PLM LL LS LMS LSS Le. 2X4 NO. 3 COMMON LUMBER. Per M This Liquid Kills Skin Itch Quicher Containing six kinds of a aae FOR GRADUATION ncourages BUILD AN INEXPENSIVE SUMMER HOME FOR YOUR C! ling the arrangements and ACKSONVIL! FLORID Imperial 1 and kill i eczema, rash, tetter, ringwor SI a LP BANK ACCOUNT OM a Ma a a a PATRONIZE YOUR BANK The First National Bank of Key West Member of the Federal Reserve uITT TSS ITI IL IST QTISVNS IEEE SESE SSBALPABD LOLA OBLA#A SPECIAL SALE FRA IDEAL FOR ROUGH $30.00 No. 1 No. 2 . BATHROOM SCALES: every WEIGH”. Fully guaranteed. Each— $2.98 “Correct in Phone 598 ELMIGIIITSIS LISS ISS IMIS FFI SS ITI IPIPTOPOP TSE WASH TUBS GENUINE WHEELING HAND DIPPED “DURA-ZINC-ALLOY” WHEELING’S EXCLUSIVE LONGER LIFE COATING GUARANTEED LEAK-PROOF—RUST-PROOF South Florida Contracting & Engineering Co. “Your hume is worthy of the best” Les sete tbid¢rdddtittttttdcttzsiééds 70c 75c 85c CARD TABLES: Attractively painted with sten- ciled pattern on top. Subs‘antially Each— 98c constructed. White and Eliza Streets TIA AALALZALZELALLALAAL ALSIP AAA APPA