The Key West Citizen Newspaper, July 28, 1936, Page 2

PAGE TWO The Key West Citizen Published Daily Except Sunday By 'THE CITIZEN PUBLISHING CO., INC. . P. ARTMAN, President N, Assistant Business Manager ‘m The Citizen Building d Ann Streets JOE AL paper in Key West and Monroe County. Ss second class matter ember of the Associated Press Associated Pri ely entitled to use republicatic dispatches credited to it or not otherwise credited in this paper and also the local news published here. SUBSCRIPTION RATES One Year six Months Three Months One Month Weekly $10.00 j ADVERTISING RATES Made known on application, NO f thanks, resolutions of will be charged for at Notices for a revenue is to be d The Citizen is an forum sion of public issues and subjects of local or general interest but it will not publish anonymous communi- cations. by churches from which IMPROVEMENTS FOR KEY WEST ADVOCATED BY THE CITIZEN Ue ve Water and Sewerage. Bridges to complete Road to Main- tard. . Sree Port. Hoiels and Aparvments, Bathing Pav 5 Airports—Land and Sea. Sersolidation of County and City. n, Governments, — ee THE KEY WEST CITIZEN WILL always seek the truth and print it without fear and without favor; never be afveid to attack wrong or to applaud right; always fight for progress; never be the or- gan or the mouthpiece of any person, clique, ; always do its utmost for the never tolerate corruption or injustice; denounce vice and praise virtue; faction or «lz public welfare; commend good done by individual or organ- ization; toierant of others’ rights, views and opinions; print only news that will elevate and not itaminate the reader; never cop» world would that Shirley iShaae Temple in he like to have the worshipers has. West has no “dry docks’’—all the local medicos believe in a wee drap on occasions. Key When the 30-hour week i is instituted, the devil will find more work for those idle hands to do, There may | be some Democratic bolt ers, but we doubt that there will be any postmasters among them, We 1 at the age of pad of a Rumanian woman who 126 called a doctor for the first lime in her life. And died. A Chicago judge sentenced a man to sing to his wife every day. Thus do the innocent suffer more than the guilty. It not too late, Henry Ford should add a hoopskirt, a bustle and a red flannel petticoat to his collection of early Amer- ieana, One of these days some creditors are going to be much surprised when some debtors pay up their debts, The Citizen in- cluded. Texas lays claim to the longest street in the world, running from Fort Worth to the Centennial Grounds at Dallas, but Key West continues her dispute against all such claims of uninterrupted distance by nonchalantly noting the undisputable fact that her main street-—Duval—runs_ from the Atlantic Ocean to the Gulf of Mexico. President Roosevelt admits that he “lacks continuity of intention” and claims to be proud of it, but doesn’t “vacillation” cover the situation better, The President claims that a quarterback would be a liability rather than an asset to his team if he didn’t change his tactics to meet the conditions of the play as they arose. Those who do not agree with the chief executive bluntly state a government is not a foot- ball eleven. One may arrive at a purpose in devious ways, but the plan or purpose itself must remain definite, | FINANCE AND RESERVES Finance is a subject upon which there is amazing ignorance, not only on the part of newspaper editors but on the part of bankers, financial experts and investors at large. Quite frankly, there are things we do not understand. One is the amazing flow of gold into the United States in 1934 and | 1935, when according to many experts in this country, the government had debased its currency, vioiated? its pledged word and shown every indieation of foolish fi- nancial policies. The inflow, it is report- ed, amounted to nearly three billion dol- lars in two years, As a result, we understand, the bank- ers became immensely concerned over the possibility for credit expansion on a large scale although there has, as yet, occurred no injurious inflation of either. prices or credit. Still, the experts insisted that tne danger w. real, and some old schemes were advanced to protect the nation. One would have resulted in the nation paying interest on about two billion dollars but it seems there was another way and_ the Federal Reserve Board recently raised the required reserves of member banks fifty per cent. The Board’s action, as we understand it, reduces the excess reserves of the banks and thus puts a top on available credit. Be it noted, however, that the trouble hereto- fore has not been lack of funds to lend but lack of opportunity to invest them. Now, before a dangerous expansion sets in an era of wild speculation, the Board sets a limit which can be readily removed if de- velopments show that it is not beneficial. The Board points out that raising the required reserves will reduce the excess from $3,400,000,000 to about $1,900,000,- 00) which would be a larger total than at “any time prior to the recent large gold importations.” It feels that it is better to tie-up superfluous reserves wnile they are unused than to wait for them to build up a credit structure and then withdraw “the foundation of the structure.” All we can say has been said by Mon- tagu Norman, Governor of the Bank of England, who was asked by reporters to express his views on the action of the Board. Says he: “It must be a very good thing or they wouldn't have done it.” Just the same, Sir Norman might be wrong! NOT A DEMOCRATIC GOVERNMENT Politicians have a way of referring to the “will of the people” as if, established by ballot, it becomes the will of God so far as the United States is con- cerned, They stress the “democracy” of this great country and laud government by the people, as if that had been decreed by the fathers of the Republic. Government in the United States is not set-up on the principle of permitting the people to rule whenever the people ex- press themselv: There is nothing in our Constitution to warrant any assertion that a majority of the people have the right to run this government as they please. No- where is there authority for the view that the will of the people is the supreme law. The United States is pre-eminently a representative government, with powers given to various factors, varying must compromise and adjust differences if ; they are to act at all. Divided power, plus a system of checks and balances, in- sure to individuals right which not even a majority can take away except by pro- longed and persistent advances. COMPULSORY FLAG SALUTE ‘ILLEGAL’ We hasten to record the common sense exhibited by. judge of superior court in California who . permitted’ Charlotte Gabrielli te<retusnstexsekoo! even though her religious scruples forbade a “salute to the flag.” The esteemed. member of the judi- ciary held, with what looks like sense to us, that a compulsory salute to the Amer- ican flag would be an unlawful interfer- ence with the “liberty guaranteed -by Federal and State constitutions.” The Associated Press dispatch that we read did not give the name of the Sacra- mento jurist but, we submit, the name of the brother ought to be known. More- over his opinion ought to be sent to some | others who sit on the bench in other bali- wicks and skip the point. once clearly | which | THE KEY WEST CITIZEN You and Your Nation’s The Administration has adopted a permanent policy of assessing special taxes on consumers in order to re- ward farmers for making consumers pay more for their food. This is the first time in human his- tory that con- sumers have joined in a movement to reward those from whom they buy for raising the prices on the things they purchase, This strange, almost unbe- lievable policy is based on the theory that the general price level of farm products is far below the general price level of other products sold on the open market. It would seem that the natural law of demand and supply “has it in” for the farm- er, and makes him an unfortunate victim of gross price discrimination. Just why nature singles out the farm- er for this special punishment, no one has explained. In order to establish this theory the “agricultural experts” go back a generation, and arbitrarily select a price year that suits their purpose, and use this as a “yard stick” to measure the price levels of all other years. Then, they compare the price levels of farm products for the suc- ceeding years with the retail price levels, made up from retail prices in 51 cities. In making this remarkable comparison, they find that the retail price level in the cities is higher than the price level of wheat, corn, cot- ton, etc. sold on the open markets. From these facts, they draw the con- clusion, that the farmer is a victim of gross price discrimination on the markets of this country. The basis of comparison is illogi- | cal, unsound and antagonistic to ele- mentary common sense. Farmers are not retailers. They are wholesalers, and sell on wholesale markets at wholesale prices. The basis of wholesale prices fs radically different from the basis of retail prices in modern city stores. The wholesale price is made up al- most exclusively on the basis of the essential qualities of the thing sold. Service plays a very small part in the wholesale price. But retail prices The Farm Disparity Hoax By GUS W. DYER Professor of Economics and Sociology, Vanderbilt Urkversity Affairs in city stores are made up very large- ly of service prices. In many in- stances the cost of the service is more than the cost of the essential quali- ties of the goods sold. The packages in which breakfast foods are sold in many instances, perhaps, cost more than the food they contain. Former- ly consumers bought in large quan- tities, but now, they go to the store every day. This, necessarily, adds tre- mendously to service cost. Service cost doesn’t fall with the fall of wholesale prices. High rent, high taxes, etc., don’t fall with the fall of wholesale prices. Consumers in cit- ies are demanding more and more service all the time, and. service is always costly. In establishing the farm products disparity theory, the following are given as, the average prices of some commodities sold in the city stores for the year 1933: ’ 30.8 cents a pound | 22.3 cents a pound ; 20.9 cents a pound 3.9 cents a pound | 3.7 cents a pound Eggs .. 26.1 cents per doz Milk .. -10.6 cents a quart The following are given as the averages prices received by farmers for the same year: Hogs ... +. 2.6 cents a pound Chickens 9.3 cents a pound Wheat 32.9 cents a bushe) Corn . 19.1 cents a bushe} Eggs .. 21.4 cents per doz In order to establish the theory that the farmer is the victim of gross price disparity, the experts take the | farmer through some very fantastic | trading antics. He sells chickens for i 9.3 cents a pound and buys them back at 20.9 cents a pound, He gives more than two for one. He trades a bushel of corn from which he could get fifty pounds of meal for 5+2 pounds of meal. He sells a 150 pound hog for $4.02, and with the proceeds buys 13 pounds of ham. Just why he doesn't slaughter this hog, and get two hams, two shoul- ders, two sides of bacon, sausage, spare ribs, back ham, liver, a hog’s head, a jowl and ten or fifteen pounds of lard is not explained. + / The average farmer is not a luna- tic. He does not pay these retail prices in the city. He either pro- duces the things on which he lives or buys at wholesale country prices. The farm disparity theory is a huge political hoax. The discussion will be continued next week. Corn Meal: (Address questions to the author, care of this newspaper) Temperatures* Highest Lowest Mean Ssh Normal Mean Rainfall” Yesterday's Precipita mal Precipitation .26 Ins, | fon Tomorrow's Almanac Sun rises 53 Sun cets . m.| Sun sets . m. Moon rises . Mm. Moon sets + - m.! Tomorrow's Tides | M. P.M.! High Low | ; 27 ! Barometer 8 a. m. today: | Sea level, 29.94, j Is WEATH=2R FORECAST i (TALS p. Key West anc jeloudy tonight with atu Wednesday and northwest winds. Florida: Mostiy coudy, rain! tonight over south and central: pertions; local rains Wednesuay | jincreasing winds over extreme south portion reaching gale force } over small crea this und tonisht and possibly m., Wednesday) Vicinity: Mostly! and Wedne tonight and provably | ; f-esh to strong north sday | on the; nesday 2 | Jackson. i to Flo Gentl+ ifting -vincds and fresh td st-ong northeast and! ea:t winds over south portion, | proba! ting gales over small | Jarea n € r of tropical dis-| turbance dimin hing during night) and partly overcast weatzcr to- ‘night and Weadne except ; overcast with h. near! center of Cistur' nfiter- | jnoon and tonight. } East Gulf: Central — shifting winds over north and increasing \northeast. winds over south por-| |tion, probsbl: i vicinity of disturance and mostly overcast westrer tenight andj Wednesday \. ith occasions] squalls in vicinity of disturbance, Advisory 9:30 a. m.—Tropical! disturbance of moderate intensity! central 7 a. m. approximately | 110 miles eastsoutheast of Miami, | new mov move rapidly west- | ‘northwestward about 10 miles per hour. Storm increasing slow- | ly in intensity -at probaviy has} ot reached hurricane force. In-! | dications are that storm wil reach Florida coast near Miami! letter part of aiternoon attended rorning | da Straits: r north fh es power for good, as*they are in tA 21 and April 19 (Aries), A RUBY afternoon © southwest coast tonight and Wed- | © i States between April 6, 191 |The wind attained a velocity , damage was KEY WEST IN DAYS GONE BY Happenings Here Just 10 Years Ago Today As Taken From The Files Of The Citizen Arthur Sawyer Post 28 Amer- ican Legion will hold a get- together meeting Friday night in} their hail for the purpose of de- ciding upon organizing a unit the American Legion Auxiliary. Adjutant Roy, Faulkner also stated he was ib rege of a@ telegram! from Mrs, Bess Craffin of West Palm Beach, state president of the auxiliary, advising she wouid arrive in Key West Friday and would assist “it: ‘organizing the unit. Mothers, wives and sisters and daughters of members of the American Legion are eligible to ip in the auxiliary and and daugh- ters of a men who were in the mili- tary or naval service of the United nd November 11, 1918, and died in the line of duty or aft discharge and others who were in the service, such as women who were holding positions during the term of the world war, eligible. are According to reports received today the tropical storm reported approaching Palm Beach yester- day afternoon struck in that vicinity with considerable force. of 70 and 80 miles an hour. The damage at Palm Beach and vicinity is estimated at several million dollars. Most of the dam- age was to the various craft an- chored in these waters. Much also done in the vicinity of Lake Worth. Damage reported from Nassau, Bahamas, is estimated at approximate! million dollers with shipping badly crippled. At Miami the wind reached a velocity of 55 miles in puffs, while the steady winds was placed at 34 miles. Two linemen engaged in making repairs were killed. Another met death at Fort Lauderdale while engaged in similar work. There the wind was at one time blowing 80 miles. The wires to the north of Mi- ami are still out of service and it will not be until tomorrow that “YOUR DESTINY By ‘LE MA MARS ° The character and talents of those born between JULY 24 TO AUGUST 22 LEO people are generous, sym- ; pathetic and magnetic; make ex- cellent nurses, are emotional and wonderfully intuitive, and have . | practical, philosophical and spirit- jual. Have great love “Yor their own; will allow no one to dictate management of their’ children, and will become furious if any- one reproves or hurts them. Are ed to ve lazy and to borrow, easily attracted to the oppo- site sex, but not distinguished for ‘constancy. Shou'd select mates with the greatest care, @therwise long continued troub! “will re- sult. Should marry born between November 22° @nd De- cember 21 (Sagittarius), March ae SRST EAS RES EEDA. Will greatly aid their intuition. Can a'so wear a Diamond. by ga'cs over small center and tides avea near above normal, WEATHER CONDITIONS The tropical disturbance was! central at 7 a, m. this morning ‘about 110 miles southeast of | » moving we: northwest- ard about 10 miles ‘an hour, and indications are that storm will southeast Forida coast near Miami latter p; of this aft- ernoon. The storm increasing | slowly in intensity but has prov- gbly not reached hurricane force, ibut is attended by gales over a small area near cent Storm {warnings are d’splayed from Fort -Pierce to Key West. The disturbance that was the Louisiana coast morning moved inland a_ short distance west of New Or'eans early last night. This storm was of but moderate intensity. G. S. KENNEDY, Official in Charge. es: KEY WEST COLONIAL HOTEL In the Center of the Business and Theater District Firet_ Clase—Firepael-- Sensible Rai Garage E off yesterday TTT TPT checks MALARIA 666’ Liquid - Tablets Salve-Nose Drops Try “Rub-My- Headache 30 minutes, | ism”-World’s Best | Associated Press reports will er honorable 2 FOLLLALLLLLZLALLL A be! received by The Citizen. Not the least clue has been found which can im amy way be declared to be leading to the | whereabouts ef Ernest Reid mysteriously disappeared West last Friday afterneon after he left his employment at the Lewis Motor company. He was in perfect health as far as his brothers know and had never showed any signs of being spondent. Both his brothers and {friends grow more alarmed daily as they fail to learn anything his sudden disappearence from ken of his associates. Diligent quiries have been made at the fices of the steamship lines and the railread ticket office but person remembers any one ing any resemblance te having purchased ne te scription given, passage. Coast Guard Brown, Jupiter Saukee, ( ACKSONVILLE FLORIDA poss Steamship d to be helple: a rudder. Other vessels hav to the of the reports are that the no immediate danger Gio: porte rescue ship but Gio: Editorial there would marriage in Key West were fewer bathing beautic more washtub ones. comment more propesa Justice of the Pe: Gomez will preside at the SaaS LADD DSS. an ANNOUNCEMENT TO VETERANS We will be pleased to cast checks issued in payment of ti charge to the veteran. It that you be properly identi funds that we are paying the Your American Legion memb« your best means of identificati The First National Bank of Key West Member of the Federal Deposit Insurance Corporation (LikttAsAhtitAthttstsAAssd \) | WOOIOOOOOOIIS IIL ATS x PPP POP POO OT eens. Baia ELH, Sale Price ADJUS THING FOR THE Each “Snow Bird”, Wood Tub. Will No 4 Qt. 6 Qt. Has a large foods hot or cold Each mo South Florida Phone’ 598 FOLDING YACHT CHAIRS: BACKS ARE MADE OF DOUBLED CANVAS WITH FAN‘ Regular Price . TABLE RECLINING CHAIRS: BEACH OR PORCH ICE CREAM FREEZERS: Green Enameled 1 GAL. FOOD JUG - $1.75 “Your 5 hahahahaha LL PD 2 WITH ARM RESTS $3.25 2.50 FOLDING $2.10 THERMOS BOTTLES: Guaranteed Cold 72 Ho Quart . Pint H t Rust $4.75 6.75 $1.75 1.00 7 GAL. THERMOS JUG uth. Keeps bu Small Faucet Each $1.05 Contracting & Engineering Co ituu~,€