The Key West Citizen Newspaper, July 14, 1936, Page 2

PAGE TWO The Key West Citizen | HERE’S A SCHEME THAT PUZZLES US Published Dail THE cv L. P Except Sunday By oN PUBLISHING CO., INC. ARTMAN, President ALLEN, Assistant Business Manager Prom The Citizen Building Corner Greene and Ann Streets JOE Only Daily Newspaper in Key West and Monroe Count Hntered at Key W Press y entitled to use s dispatches credited to in this paper and also The Associated P: for republication ADVERTISING RATES _ Made known on application, NOTIC thanks, , Will be charged for at SPI All reading notice respect, obitucry the rate of 10 cents a lin stices for entertainments by churches from which v is to be derived are 5 cents a line, ne Citizen is an open forum and invites Aiscus- sien of public issues and subjects of local or general interest but it will not publish anonymous communi- cations. CIAL IMPROVEMENTS FOR KEY WEST ADVOCATED BY THE CITIZEN Water and Sewerage. Bridges to complete Road to Main- tand. "r-e Port. Hotels and Aparcments. Bathing Pavilion, 7 AizportsLand-and Sea. Cersolidation of County and City Governménits, THE KEY WEST CITIZEN WILL always seek the truth and print’it without fear and without favor; never be afvaid to attack wrong or to applaud right; always fight for progress; never be the or- gan or the mouthpiece of any person, clique, faction or «'ass; always do its utmost for the public welfare; never tolerate corruption or cnjustice; denounce vice aud praise virtue; commend good done by individual or organ- ion; toierant of others’ rights, views and opinions; print only news that will elevate and not contaminate the reader; never com promise witi principle, Unemployed insurance generally by the unemployed. is favored A logical excuse is “ointment” in what disappointment. puts the Never waste time on a blind partisan —and most of them are blind. The best way to make a fortune is to work for it and begin while young. as second class matter | { resolutions of | A Thiladelphia paper boasts of an 8-! pound weak fish. It couldn't have been very strong to weigh only that much. y for China to preserve her independence is to fight for it. Any- thing that is not worth fighting for, is not worth having. Last winter Helh “froze over", and this summer it is roasting at a temperature of 108. The little Michigan community is having one heluva time. Folks are much beter off evidently for they are doing considerably more talking. The Bell telephone system reports a gain of 28,000 telephones in June, in contrast with a loss of 8,300 in the same month of 1935: Key Westers were agreeably sur- prised to learn of the marriage of Mrs. Ruth Bryan Owen, “Key West's Adopted Daughter,” to Captain Boerge Rohde, gen- tleman-in-waiting to King Christian, of Denmark. The Citizen, in with the citizens of this islard city, tends heartiest wishes for a happy mar- vied life. Postmaster General Farley has been given a leave of absence until after the election in November. Recently he has been “absent” a great deal of the time electioreering for his boss on the tax. payers’ money; the difference in the pres ent leave of absence is that it will. be with-} out pay regarding his postmaster’s salary | only. There will be compensation aplenty from another source. It would have been better. for the chances of the democratic party had he resigned. } consonance j ex-j | our knowledge of banking is limited. Any ‘ other people’s money is pure speculation, + a scheme to get rid of | zuela, possesses a great asphalt lake and Quite frankly we have never been able to understand the bankers’ worries, especially the present stress over excess re- serves, and we do not hesitate to admit that discussion of the intricate matters connect- ed with making profits out of handling so far as we are concerned, and yet there are phases of the problem that intrigue us. For example, the excess reserve panic that moves the beings of most large bank- ers, who are, even now, trying to figure out its One plan, suggested by S. Slean Colt, president. of the Bankers Trust Company, have the United States governmert borrow $2,000,000,000 and use the money to buy gold certificates from the Federal Reserve menace. would banks, thus getting that much gold and putting the gold in a special stabilization fund where it could not be used for credit expansion but only to meet Europe's de- mand for the return of some of the gold ihat continert has shipped here. Whether you understand what the scheme is, or not, we have outlined it cor- rectly, if briefly. The treasury would bor- row two billion dollars, buy gold cer- tificates in order to get title to the gold and segregate the precious The banks, taking the loan, would have their reserves lowered because none of the funds would come back into the market. So what? Here it is: the government would pay interest on two billion dollars borrow- ed money, gotten from the banks, just for the pleasure of reducing excess reserves und putting some gold in a special fund. Naturally, we do not blame bankers for wanting two billion dollars of reserves put into earning assets, and our ignorance is so great that we hesitate to suggest that, maybe, after all, the government might not find it profitable to pay interest on that amount just to set aside some gold in a special pile. However, it may be that the scheme is exactly what the country needs and would pay the government a_ hand- some return—this may be the case, but we doubt it. metal. AN EXPENSIVE GUEST Count Illya Tolstoy of Russia, when} lecturing in America a few years ago, had a thrifty manager, who did not propose to allow the Count to lend his presence to any function without pay. So when a group} of Chicago professors sought to honor the Count by inviting him to a luncheon, the manager wired an acceptance, but stip- ulated that a fee of $50 would be charged. The hospitably inclined professor: were at first dumbfounded by the sugges- tion that they must pay $50 for the priv- ilege of entertaining the Count. After con- sultation they delegated one of their num- ber to reply to the manager, which he did in the following telegram: “How do you get that way? We might be able to afford breakfast or a chocolate soda with the Count. What is} your scale for tea and toast with Tolstoy? Also go jump in the lake.” A pleasing part of the story is that! Count. Tolstoy later told it on himself and exhibited the telegram to amused paper men. news- A BRITISH BASE AT TRINIDAD SS RAM. 1 A British sloop is said to be taking! soundings off the coast of Trinidad and the thought is expressed that the British | are planning to establish a naval base. : The very idea will send suspicion | tingling up and down ¢he spines of the} nembers of the anti-British associations in this country and we will probably hear more about this nefarious enterprise. in time. Trinidad, just off the coast of Vene- its larger neighbor has inexhaustible sup- | plies of oil. The British, it is said, would like to be in position to control the sea lanes to both places in order to assure! adequate petroleum for the fleet. j Personally, we can’t get up much steam about the report. If the British fleet needs oil, and must have it from Vene-j| zuela, we can imagine no reason in the world why the people of this country | company. liy grad jchusetts Institute of Techno'ogy. would object to the British getting pe- troleum products from Venezuela, THE KEY WEST CITIZEN You and Your Nation’s Affairs Eating Up the Seed Corn By CLARENCE W. FACKLER Associate Professor of Economics, New York University The decidedly better feeling which bervades the Corn Belt this year arises apparently from the thought | that either nature or the Federal gov- ernment will take care of the farmers. Or- dinarily, it would be diffi- cult to discover any otber group of people in the country that finds more sin- cere pleasure in complaining whilethey flourish than these farming descendants of the early pio- neers, three or four genera- tions removed. Frequently, they have been far bet- ter off economically than their broth- ers in the crowded cities, who all too often have found it necessary to Patronize the free soup kitchens or one-arm lunch rooms, and live in stuffy. half-lighted, low-rent tene- ments. Yet, in good times and bad. the imagination of the Middle West remains magnified and afired with a deep-rooted belief that some sinister forces in the cities are conniving for the downfall of the agricultur- alists. Instead of trying to eliminate this sectional friction, the govern ment has done much to keep it alive Just now, however. the prospects for bumper crops are good And. be- ing recipients of government. non- Production bounties, and bonuses, and also the beneficiaries of higher prices (or farm products, the agricultural- ists are inclined te plece great faith in turther allotment: of the taxpay- ers’ money in th event that harvests Als fall are not as laige as are now expected The fact that lowa, Illinois, Indiana and Ohio are four of the nine doubt- ful states in the November elections may give one the impression that the farmers are a bit confused on their politics. But, any traveler, after ob- serving their comments on the out- standing political issues of the day, is convinced that the hesitation in these states arises out of the desire to see which party will promise them more—the Democrats or the Repub- licans. At any rate, few agriculturalists are worrying about Constitutional Amendments to insure a continua- tion of the “do-something-for-the farmer” movement. To most of them, it would be a sheer waste of time to run the risk of becoming gray pre- maturely as long as laws for their financial benefit can be enacted and enforced a year or so before their constitutionality is denied. Morever, no interest whatever is manifest is Senator Ashurst's pro- posed Constitutional Amendment to enable Congress “to regulate agri- culture” along with commerce, indus- try. and labor. Of course. one would not expect farmers to display any great concern over such an amend- ment, which would wipe away many of the rights reserved by the Tenth Amendment to the States and people. as long as their chief interest is in monetary benetfits. Here, then, ts fertile soil for the faulty arguments that the present. inconvertible paper dollar is the “Honest Dollar.” whereas the for- mer money. redeemable in gold was nothing more than a “Jumping-Jack Dollar” of the worst sort. And. good ground ts it also on which to preach the fallacious doctrines that national sabotage in agriculture makes a na- ha rich, that prosperity is the result “far-sighted” Federal law-making Instead of hard work. and that to be “on the way to prosperity” a country must borrow excessively and incur & tremendous public debt. So. momentarily. the farm “prob- lem” in the Middle West has disap- peared. because farmers are pri- marily interested in helping the Na- tion eat its own seed corn Fither God or the Government. they think. will provide kernels for the next planting. (Address questions to the author, care o} this newspaper) KEY WEST IN DAYS GONE BY Happenings Here Just 10 Years Ago Today As Taken From The Files Of The Citizen The Bubbie Boat, originated in Deauville, France, has come to Key West and demonstrations wi'l be given every afternoon — begin- ning at 5 o'clock at Coral Casino. The First Tent and Aw ing company, of Key West, is di tributor for the playtime con- trivance which can be seen during, the day at Fleming and the factory, corner Margaret streets. Fe Gato, - for many y leading — business man of Key West and prominent citizen, died quite suddenly last night at the home of hi in-law, Dr. E. Rodriguez y Bazo, veming street, undo Hidalgo 3a 925 Stacks and s of empty bot- tles now “ornamenting” the rear verandas of tne house will be offered at public sale by L. T. Bragassa, inspector in charge of the .ocal bukeau on Fri- day, July and it is expecte there will be some lively bidding. In this connection it has been facetic remarked that the customs officials are exceedingly kind to empty al the nice botth belore seling them to local fol home brewers, for root beer, etc. customs jete. John J. Morrison, wno has been connected with the hey West Electtic Company Jor the past 15 months @s technical engineer, leave Us acternoon ior Savannah to acvept a similar position with the Savannah Power and Electi This wransies for My. Mortison is the result of a demon- stration during his employment with the Key West Ecectric pany of a wonderful capacity for ficient and contmendable wor His position in Key West will be filled by B. F. Hampshire, recent- ed from the Massa- Editorial comment: business man is urging a greater output, the ball players are urg- jing more putouts, The United States Destroyers Maury and Converse, of the Eighth naval district, of which brother- y, com- | While the headquarters is New Orleans, have’ arrived in port from Havana and alter The des ers are on a naval reserve train- ing cruise and have a large num-; ber of men on board, Members of the different lodges of the Masonic fraternity will) meet tomorrow at the Scottish} Rite ha’l 7 o’clock for the purpose remaining severa) days will! ‘sail for Galveston. re of | the abs holding a lodge o! their departed brother, Hidalgo Gato. sorrow An evening of delightful and laughter is assured ali who attend the entertainment Friday night at the High Schoo! audi- torium. The affair will be an Old Fashioned Concert and one wil hear such as old time favorites “When You and I Were Young Maggie”, “Sweet Birds”, and othi There will also be lots of musie and other kinds of enter- tainment. in thej durin, J. G. Piodela wii act capacity of county judge nce of Judge I who left last night for Tampa where he will consult specialists regarding his hea'th. Ralph Camus, Julius Cam operation yesterda tal of Dr. H. C. Galey, on Fleming street. The young patient is ported to be getting along nicely, under the circumstances. son of Mr. and , underwent an in the hospi Yesterday afternoon the Liberty team and the Coast Guard met decide the championship. It was) a good and very interesting game and the score’ stood 2 to 1 unti the last inning when the Liberties started a batting which resulted in a seo The GEORGE WASHINGTON 300 Rooms with Bath and Shower The Wonder Hotel of the South. Radio and grery bows fact for EX Gar operon GARAGE io divect -connechon with lobby. RATES...from $2. The MAYFLOWER 300 Rooms with Bath and Shower Famed for ts hovpsalty iia. The GEORGE Was HINCroy 200 Ro. all the Radio pe yet dy mn RATES from $2.50 Se wee. Reasonable for Fernando ¢ fun! Sl occurred yesterday Ceeoececoeveseceseesoee: | | THE WEATHER { JNCLE ‘Temperatures* Highest Lowest Mean Normal 82 Mean B4 Rainfail* Precipitation Precipitation | Yesterd: © Ins -10 Ins. 'Sun rises 5:46 Sun ‘sets Moon rises Moon sets 2:42 3 4:51 Tomorrow's Tides ! High | ftarometer 8 a. Sea level, 30.00. m. today WEATE FORECAST (Till 8 p. m., Wednesday) West and Vicinity: Wedr ; gentle Part day Key icloudy tonight local showers ing winds. lorida: FP showers W north and west-central {tonight; slightly warmer on the extreme west-central co: Jacksonville to Florida id Eas winds and partly over tonight and Wedne cattered showers. and Wednes Today th lo eore and ly ¢-oudy pdnesday w port ton WEATHER CONDITIONS A moderate disturbance is cen- al th's morning over the Can Bre Maritime Provinces, East Me.. 54 inches, and w pressure are overs ions of ‘port, ‘low {most other try from the Plains t | ward except southern — Floric {while pressure is moderately over the central Rocky M 'States and off the north cozst. Denver, Col., and }land, Ore., 30.12. inches. lers and thunderstorms have jquite general _ since jmorning from Texas and H astward to the south Atlan tie coast, being heavy in north stern Texas, Palestine, 1 jinches, western Mi: Vicks- iburg, 1.30 inches, and west-cen jtral Florida, Tampa, 1.48 inches {Temperatures continue in the Gulf and south States, but are above throughout much the der of the country. Maximum ten j peratures of 102 to 106 degrees in southern | Michigan, the lower Ohio and jmiddle and upper Mississippi Val Jleys, and in the Da i kotas. the Show been Arkan-, check charg that that sas ssi seasonable norma a of remain easteri PTS PP CLALLO LLC LEC e G. S. KENNEDY, Official in Charge i 1 Gunn} foo eee ee eee ee eee ee Baissea isiisas RAINY SEASON SPECIALS N CHANNELDRAIN ROOFING 2’ WIDE 7’, , 10° AND 12 OLD SHINGLES OR ANY ROOF 1 GUARANTEED AGAINST LEAK ee Per Square . The First National Bank ot Key West Member of the Federal Deposit insurance MNIIIIII I IAI I DIS 2 eeeeecersccce Today In Hi | Folks over at Partridge Run are { sate purty dog gone sore. They onde: | @ new Post Office an’ th’ Gow'men! | sent ‘em a cruiser. SISSIES LL ILL IL SIP ANNOUNCEMENT TO VETERANS Corporation \ | sss essessiszzitztziadsts \ as $6.00 ING ALL Gallon 5 Gallon Can Poultry 150 FT. ROLLS 6 FT. HIG AT BOTTOM WITH A GRADt SOLD IN FULL ROLLS Per Roll Ee aaas VISAS SSS Po a ney en CMIGIIISISS SS Phone 598 Liquid Roof Cement FOR RENEWING OLD ROOFING OTHER KINDS OF ROOFING— South Florida Contracting & Engineering Co. “Your hume is worthy of the best” steeds stst ez ZttztizizzzzzzLzzzg "APER $ .80 3.25 Fence $4.35 White and Eliza Streets IPA LLLLALLLALALAAALALLAALAL ALLL ALAA LLALLAAAL LA