The Key West Citizen Newspaper, October 1, 1936, Page 2

PAGE DW OT The Key West Citizen "Published Daily =e Sunday By THE CITIZEN PUBLISHING CO., INC. . P. ARTMAN, Pret N, Assistant Business Manager From The Citizen Building Corner Greene and Ann Streets JOE AL r in Key West and Monroe tounty. Only Daily Newst tntered at Key West, F PEFTY-SIXTH ¥ lass matter iz Member of the Associated = itled to use $10.00 | ADVERTISING RATES Made known on application. SPECIAL NOTICE 4s of thanks, resolutions of | ete e. , will be charged for at forum s dis bjects of local or general ot publish anonymous communi- iMPROVEMENTS FOR KEY WEST ADVOCATED BY THE CITIZEN Bridges to complete Road to Main land. Free Port. Hotels and Apartments. Ba ng Pavilion, Airports—Land and Sea. lidat‘on of and County City Difference of opinion is the life. salt of Athletics are good for the individual, even if he never wins a game, An exchange tells of a poor fellow who ‘died without the aid of a doctor.” Anyway, the campaign oratory is no worse than a lot of other things heard over the radio. The brain trusters, those back-seat drivers of the administration, have caused the president many a headache. If the Spanish cavalier was still stand- ing on his retreat, the certainly lnocked the props from under him. rebels When a politician becomes a nuisance in his home state it is possible to get par- tial relief by sending him to Congress. Add Ranraniata names: Will Hatch is a California egg inspector, Gcnile I. Cook does his stuff in a Brooklyn restaurant. “Garlic and Its Control of a government bulletin. Useful if it tells how to contro] the urge to eat the stuff. We cannot and ould) not always mind our : wrong, injustice, cruelty, is the business of everyone in sight or within hearing. own business There was a time when automobiles were nuisances that frightened hors: That reminds us, where are the horses now? If the people of this country have any idea that the other nations of the world can meet with disaster and we escape the consequences, they might as well change their views. economic life the credit and while it works to the advantage of most, there are excep- tions detrimental to some. In granting credit shrewd judgment must be exercised, or the business will go to the wall, be- cause in the ordinary run of business col- lateral is not required, and credit is given on character. Try borrowing money from any bank without abundant collateral. In our system is essential, This column learns of a debtor whe went to a creditor to inform him he could not pay because he had to send his son to college. It happened that the creditor also had a son but he could not send him to college on account of the default of his debtors. TFeople who send their sons and daughters to college and default in the payment of their just debts, in reality force the ereditors to advance the money to pay for the education of other people’s children, is the title} A LESSON FROM SEVEN YEARS AGO It has been a little more than seven years since the last great bull market in | stocks collapsed. The drop was enormous, ; the values of stock listed on the New York | Exchange falling from more than 89 bil-; lion dollars to less than 16 billion in less} than three years. | Millions of American citizens lost | money as the value of the stocks they own- : ed dwindled to less than 20 per cent of | their value. Leaders of business, industry and finance were at their wit’s end and no | ‘one knew where the future would lead. } | Today the value of the stocks on the ex- | change is listed at more than 54 billion | dollars. { Now, let us consider the lesson to be | derived from the fluctuations, as they af- | fect the average man and woman of this country. With stocks moving upward the land is again being flooded with sales- men, anxious to persuade anybody with j money to take a shot at long profits to be obtained in the market. There is no sug- | gestion that the stocks to be purchased, over a long period, will return a fair di- vidend on the money invested. The argu- ment is that the value of stocks is going up and that the thing to do is to buy now, be- | fore they reach the top, and sell later, tak- ing down the promised profit. This is speculation, pure and simple. It is the beginning of the cycle _— | wrecked the boom in the year 1929. many Americans listen to the advice of he stock salesmen there will be a rush to pur- chase stocks at “low” prices, with an eye to the rise. This demand will inflate prices abnormally and when the day of reckoning comes, as it surely will, there’ will be another flock of losers. Years ago, when the bull market was | in full swing, we urged our readers to stay ! out of the stock market. Not many of | them took the advice, if we are judged by | their lamentations after the debacle. To-j} day, we repeat the same warning. Unless you are buying for an investment, with the idea of retaining possession of the stock you purchase, our advice to all readers is, “leave stock market gambling alone.” AN ESKIMO IN NEW YORK Abie Broomfield is the Anglicized name of a 45-year-old Eskimo dog driver, | who has been enjoying his first visit to civilization as illustrated by New York And he is getting many and its environs. an eyefull. Staring at the Empire building, Abie j pronounced it a “big, big shack; bigger than Cape Mugford.”’ Most of the sights he: witnessed were observed in silence, but he! was evidently thinking a lot, as he had | never been in a settlement of more than 50 people before. Being much like other sons of Adam, Abie was greatly interested in the New York girls. Asked how he liked them, he turned on a flow of Eskimo oratory lasti ng | a full half-minute, which was interpreted j to mean, “very fine.” But he thought | they were too thin, and suggested that they didn’t get enough to eat. Asked how he would like to have one of them for a wife, he said: a “You bet. Take her one year first and give her plenty fried pork. I fatten her up so she’s dam fat, and good wife for best dog driver this side of North Pole.” THE LIFE SPARK Studies in biology and bio-chemistr.: have developed many astounding facts, many of which have been of inestimable value to mankind, but the ultimate goal of such research is to find the secret of the life spark itself, and produce it from inert matter. That this will some day be accom- plished 5s the belief of many distinguished ; scientists, although this idea is flouted by those who hold to the traditional belief in the creation of all life by special acts of a| Supreme Being, Prof. William Lash Miller, inter- nationally known bio-chemist of the Uni-| versity of Toronto, has produced in_ his laboratory a component part of living mat- ter, and his accomplishment is hailed as one of epochal importance by many fel- low-scientists, Just what significance may be _ at- tached to Prof. Miller's latest discovery is somewhat difficult for a laymen to judge, but it appears that it may mark a most im- { portant step toward the solution of the age-old question: “What is life?” t a... THE KEY WEST CITIZEN A) b Pemancia ‘a Peececccencccovecvcece: i eee Today’s "Today In History! Anniversaries | ge enrages: | i seccccccceqcccccccococes | n, by secret treaty,’ nen Fa jana back to France— 1746—John P. G. Muhlenberg,’ French possession kept secret lest Virgn‘ia Lutheran clergyman, gen- England, with whom. France then eral in the Continental army, ‘at war. seize Louisiana, as it could Pennsylvania congressman, born ‘sasily, wos in Montgomery Co., Pa. Died in Ph'ladelphia, Oct. 1, 1807. | 1838—English law abolishing imprisonment for debt in effect—! goodly percentage of population, | wot only in England but here as well, always in jail for debt. 1799—Rufus Choate, famed * Massachusetts lawyer, orator and * statesman, born at Ipswich, Mass. Died July 13, 1859. | ss | 1832—Daniel C. Corbin, finan-! 1859—The Great Atlantic and) cier and railway president, build- pecifis oe Pe as a; er of railways in the Nozthwest,|Smsle store in New Yor! born at Newport, N. H. Died| June 29, 1918, . 1896—Rural Free started in country, Delivery 1838—Kate Field, journalist, | actress, lecturer, apostle of re-) form, born in St. Louis. Died in Honolulu. ay 19, 1896. 1918—Americans battle Ger-| | mans in Argonne while at home} | the last draft numbers are drawn and 150,0000 students organize | 1847—Annie Besant, world-‘into Students’ Army Training known Theosophist Iéader, born in \Corps. H Bagiand. | Died in India, Sept. 20, ( { | 1983. | 1928—Soviet Ru | Year Plan inaugurate 1849—George Elliott Howard, jand object to industrialize noted Univ. of Ne ska and Le-! ‘country. first aim the! jland Stanford historian and schol- ar, born.at Saratoga, N. Y. Died) June 9, 1928, 1850—David R. Francis, souri governor, interior, Richmond, 1927. BENJAMIN LOPEZ FUNERAL HOME Mis-' Serving Key West secretary of the! ambassador, born at: Ky. Died Jan. 15,! 24 Hour Ambulan Lic d Embaimer Phone 135 Night 696-W HOTEL LEAMINGTON N. E. Ist Street:atiBiscayne Boulevard OVERLOOKING BAYFRONT PARK AND BISCAYNE BAY Oppestte Union Bus Station One Block from Shopping District and Amusements LOWEST RATES EVER QUOTED Single Room with Bath ........ Double Room with Bath .. ALFRED SIMONS, Manager eeccccecesce eee POOP PCP The Easiest Way For You - Pay For A Home ° is to pay for it as you pay rent. The logical way is to pay monthly, out of income, an installment on the principal and the interest, ete., and thus, over a given period of years, pay off the entire mortgage and have the house free of all debt. It’s -very much like buying a house and then renting it to yourself. CONSULT US HOW YOU CAN BUILD OR BUY A HOME OR REPAIR OR MODERNIZE ANY TYPE OF BUILDING ON INSURED CREDIT. The First National Bank of Key West Member of the Federal Deposit Insurance Corporation Ch b bbb Abt ht dst td tt | i|: | ''Today’s Horoscope Pecccccccerscccecesesese ay points to a highly temperament, though in some as- pects it may be so toned as to be only exceedingly sensitive. The sympathies are keen, and this, in females, often induces melancholy There is a probability of early : bereavement or loss of inherit- ance, KEY WEST COLONIAL HOTEL In the Center of the Business and Theater District First Class—Fireproof— Sensible Rates Garage Popular Prices Elevator THURSDAY, OCSOSES 1. 2908; 1, 18367 Stop Chills THE WEATHER { | | eocccccccccccnsnceseceso| i ‘Temperatures* | Highest < ee | Lowest | Mean | Normal Mean Rainfait iy. esterday’s Precipitation ma: Precipitation j tecerd | ceding af S o'clock this aerming: Tomorrow's Almanac | Sun, szises Sun’ peux { Moon ‘rises Moon sets Partly umsettied 1 Key West and Vicimity cloudy and somewhat night and Friday; gentle varintd winds, Florida wd somewhat unsettled, possibly north perten tt and and Partly c 2 ers in extre aftern tral ~ayioes portior Friday Cooler in tion tonigh portion Frid Jackson ‘, Gentl overcast weather t variable weds and partis -meght an fr Guli winds over northerly tien; part wercast weather te night and Friday, widely scatter- ed showers. Pome inds ever north WEATHER CONDITIONS tic and East Gui western hich er presure ares the northern Pini Tex- sted ove and extends sovthward ewer YOUR DESTINY BY LE MAES A 1936 Reading to The Cities Beade: by Spee Ae rangements for = Limited Tame only TEN CENTS Com and Stamp. THE KEY WEST CITIZEN, -¢ SOTITOEES. Saeees. I N N N N) i ae ‘ N N SILLS, SIDES, AND iN . SIDES: N 4’, 6” > ee “ 7". z. 10” MINIMUM COST. N N “iN waN IN) N) iN) IN N \ N N N & N N N N ‘ N SALE ON KNOCKED DOWN WINDOW FRAMES MADE OF CYPRESS LUMBER, CONSISTING OF HEADS. SILLS WILL MATCH WITH EITHER SIZE OF SIDES. HEADS AND SILLS: NOW IS YOUR CHANCE TO REPAIR ANY OLD WINDOW AT STOCK IS EXHAUSTED. CYPRESS PLANT TUBS BOUND WITH HEAVY METAL HOOPS AND PAINTED GREEN WHICH MAKES THEM READY FOR USE Small, 12” Diameter 60c Large, 16” SOUTH FLORIDA CONTRACTING & ENGINEERING CO. “Your Home Is Werthy Of The Best™ White and Eliza Streets TWO FACINGS. WITH PULLEYS HEADS AND Sate Pee $215. $1.45 235 1.55 i260CsC«SB 130 30 90c Rete Os AA ddd ttttdiddittddibndabpadbidéé.Zt