The Key West Citizen Newspaper, October 19, 1936, Page 2

PAGE TWO The Key West Citizen Published Daily Except Sunday Ry THE CITIZEN VUBLISHING CO. INC. L. P. ARTMAN, President JUE ALLEN, Assistant Business Manager From The Citizen Building Corner Greene and Ann Streets Only Daily Newspaper in Key West and Monroe County. entered at IFTY-SIXTH YEAR Member of the Associated Press -Le Associated Press is exclusizely entitled to use for republication of all news dispatches credited tu it or not otherwise credited in this paper and also the local news publisyed. here. SUBSCRIPTION RATES One Year ... 0. six Months 5. Three Months 2. One Month ... ¢ : E Weekly $10.00 0 iG 5 ADVERTISING RATES Made known on application. SPI All reading ne cespect, obituary noti the rate of 10 cents a line. Notices for entertainments by churches from which a revenue is to be derived are 5 cents a line. The Citizen is an onen forum and invites diseus- sion of public issues and subjects of local or general interest but it will not publish anonymous communi- cations. AL NOTICE 5 of thanks, resolutions of ete., will be charged for at IMPROVEMENTS FOR KEY WEST ADVOCATED BY THE CITIZEN Water and Sewerage. Bridges to complete Road to Main land, Free Port. Hotels and Apartments. Bathing Pavilion. Airports—Land and Sea. Consolidation of County and City Governments. No ringside seats for fights that take place in the Miami jail. There are rumors afloat that the king might marry Mrs. Simpson. Why _ bring that up? Advertising, properly used, is econ- omy if a merchant has goods to sell that people want. A fire prevention sign that we like reads: “An ounce of precaution is worth a ton of water.” Hard work and no play may create a dull boy but, very likely, he will have some money in the bank. All who have reached extreme old age, it seems, have either used lots of to- bacco and whisky, or none. There are those who believe that we should be done with capitalism, but in terms of goods, poverty has been found to be most general in non-capitalistic coun- tries. So what? Mrs. Simpson, friend of King Edward VIII of England, is seeking a divorce from her husband. It can’t happen here, and was bourd to happen there. The king can now have “Wally” all by himself, but, of course, the king can do no wrong. J. Leon Lazarowitz, “hobo king”, tells the railroads that although they do not know it, he owes them $8,522.80 for trips he made on the “rods” in the last seventeen years. The “rods” are in a c * by themselves, so how did he ar- rive at his calculations? sed registration does not mean, y, that the people are becoming more interested in government; it may mean that the politicians are working harder than usual. In many places in Florida it means that more poll taxes are paid for the voters than usual.’ The Catholic Review of Baltimore, organ of Archbishop Curley, who prior to his accession to the arch-bishopric of Baltimore was Bishop of St. Augustine, Florida, rebuked both | Father Coughlin and Mnsgr. Ryan of Washington Catholic University for meddling. in. politics. It stated that neither is doing their political or. church affiliations any‘ good. “There are 30,000 Catholic priests in the United States,” says The Review, “and 29,998 of them are minding their own business.” Bishop Gallagher, the immediate superior |" of Father Coughlin, has always defended the so-called radio priest, and the respon- sibility rests entirely with the bishop, es- pecially in view of the oft-repeated state- ment by Father Coughlin that he will cease his public utterances immediately he is so required by his superior. THE LEGION MOVES TOWARD PENSIONS The meeting of the American Legion, recently concluded at Cleveland, took what many people fear is the first move toward a demand for a_ general pension. The resolution adopted was to the ef- fect “that in no event shall the widows and orphans of World War veterans without government ‘protection.” wording, it is said, may be slightly amend- ed befort it is ‘“‘presented’” to Congress next Winter for approval. Just what is meant by the word “pro- tection” is not clear but the word “widow” | is defined by a resolution as “a person who married the veteran prior to July 3, 1931, or one who married the veteran sub- sequent to that date and who has _ lived with the veteran continuously for a period of three years next preceding the veteran’s i death.” There is nothing in the resolution to| limit its application to widows of veterans who were killed in service, or to imply that it should be applicable only to those who suffered injury during the struggle. The plain interpretation is that it seeks to give the widows of ex-service men a pro- tection not available or intended for wi- dows of other American citizens, Every one recognizes -the claim of those who were dependent upon a soldier killed in battle and of those whose bread- winner has been incapacitated because of war service. The Government has an im- pelling duty to these families which no one would restrict. The effort to broaden this class, however, to include the widows of all ex-service men, regardless of war in- jury, means that the aid will be spread over a wider group. To this extent, the Legion demand will work against the wel- fare of the widows of the men who gave up their lives and of the families of vet- erans who were injured during the war. The attempt to impose upon the Gov- ernment the enormaus financial burden of a general pension raises the question whether the people of the nation intend to permit the same sort of abuses that follow- ed earlier wars. Whether the general public, aside from the veterans who will get the money, intend to accept such an obligation remains to be seen. Altogether, it is a matter of regret that the Legion, in an exhibition of unselfish patriotism, did not reaffirm in plain words its 1922 dec- laration against the establishment of a general pension system. SCRAMBLED SLOGANS Here is a nice parlor game. on slips of paper certain advertising slogans. On another set of slips write the names of the various advertisers con- cerned. Mix each set in two hats or other receptacles and draw one slip from each and compare. Here are some of the re- sults reported by a contemporary “Eventually, Why Not Now?”—Na- tional Funeral Directors’ Association. “Good to the Last Drop.”—Haviland China. “Has the Strength of Gibraltar.{— Brookfield Butter. “Hams What Players. “The Danger Line.”—Pennsylvania Railroad. . en 8 “The Flavor Lasts.’-—Squibb’s Taste- less Castor Oil. Am.”—Famous-Lasky HOW TO AVOID FIRES Now that Fire Prevention Week has passed and the people of this country have settled back with the conviction that, after all, it was just another one of those kind of weeks, it might not be amiss to make a few reflections in the hope of saving some lives in this county during the coming win- ter. Two-thirds of the fires that occur in this country blaze up in dwellings.and are responsible for the loss of 7,000 lives, half of them children. Statistics show that there are eight major causes of fires in the, homes: rubbish, defective chimneys,’ com- bustible roofs, defective heating appara- tus, matches and careless smoking, gaso- line, kerosine, electrical defects and hot ashes. Householders might keep the list in mind and by taking care in regard to these dangers avoid a fire which might cause death. They should remember that in- dividual carelessness is the greatest men- ace to safety, whether from fire or other hazards, and should not ignore safeguards .to prevent fatal mistakes, service } be! The! Write TRE KEY WEST CITIZEN You and Your: By WALTE The moves of France; Switzerland, Italy, and Holland to devaluate their currencies have created a wide inter- est in America in the question of de- valuation in view of our own experi- ences with it. gate the pri ciples involved in the devalua- tion of curre! cies, the essen- tials will be outlined here. Devaluation means the legal adoption of a standard mone- tary unit of less weights than formerly prevailed. For example, our government proceeded to raise the paper money price of an ounce of pure gold from the base price of $20.67 to approximately $35 per ounce in ac- cordance with the Warren monetary theory to the effect that if we cheap- ened ‘offered more of) our paper money in foreign exchange for gold our, price level would rise. On Jan- uary 30, 1934, we legally fixed the ‘value of our dollar at $35 per ounce What did this change mean? When we were on a gold standard an ounce of; pure.gold (weighing 480 grains) “would. coin ‘into 87 because ‘the'fegal weight of the pure gold in our standard wold, doljar was 23.22 =20.67. When we decided to coin these 480 grains into $35, we consequently fixed the weight of the = dglilar at 13.714 grains—thus, grains—that is, —— =13.714,or15-5/21 35 grains in our standard gold dollar which is 9/10 fine. In this manner we devaluated our dollar by approxi- mately 41 per cent, or, ag popularly stated, we adopted a 59 cent dollar. The effects on our price jevel are so complicated that 1 shall not try to explain them here except to.sa} that there is no known or traceable rela- tionship between a given percentage of devaluation and the resulting be- havior of the price level, e-effect shows itself directly dn foreign éx- change rates. The le éxchange rates (parities) our new dol- lar. and foreign currencies were so changed that-it cost 69 per cent more of our lighter ddllars to pur- chase the same dm old that our old gold d z ly_pur- chased—that is, it requis per cent of the lighter 59 cent: dollars 100 (— =169). This isthe same as 59 eens 2 erecting a tariff of 69 p¢r cent,against imports of foreign.goods. The cost of foreign traveling was correspondingly increased. - A The French franc whith had cost 3.91% cents, cost’6.63 cents aftet our devaluation, and ‘the British pound Nation’s Affairs Meaning of Depreciatio R E. SPAHR des Chairman, Department of Economics, New York University poaia have cost $8.23 ingaes of $4.87 it not slipped from moorings in September, 1931, and depreciated at approximately the rate as The increased cost to our importers of 69 per cent at the same time gave foreign importers wn advantage of 41 per cent—that is, in reducing the gold value of our dollar by 41 per cent it costs the foreigner 41 per cent less to purchase our dollars. We thus auto- matically reduced by 41 per cent the gold value of the debts owed us by foreigners. We increased by 69 per cent the burden of all debts owed by us to féreigners. Our domestic debtor-creditor rela- tionships were unchanged, because all debts were made payable not in gold but in paper dollars. The profit from this cheapening of our dollar went to the government and could have been used to reduce the burden ef the gov- ernment’s debt to our people by that | teams is able to win all conte-ts" amount—$2,800,000,090. ernment did not use this fund to reduce its debt. About 800 million dollars went into the general funds of the Treasury and was spent; the other 2 billion dollars went into the Stabilization Fund used by. the Treas- ury to deal in foreign exchange and government securities. The effects of our-devaluation of the dollar on foreign trade are too intricate to tracé in the space avail- able here. It must suffice-to say that a devaluation by one country is sup- posed to put at a disadvantage in foreign trade (ignoring counteracting tariffs) those countries which have not devaluated. This is because na- tions stress as a measure of their prosperity the units of goods ex- ported For example, after we de- valuated our dollar. we in effect insisted upon selling the foreigner the same amount of our goods for 41 per cent less of his mofey (in gold). but money, and we gave ourselves the privilege of paying him 69 per cent more of.our dollars for the same amount of his goods. Since France could not sell us her goods so easily, she felt hurt and less prosperous, 50 she is going to de- valuate too—about 30 per cent at the time of this writing. She will now have the privilege of selling us more of her goods for 30 per cent less of our money, and her imports from us will cost her 43 per cent more 100 (—— =1.43) than previously. But to 70 counteract somewhat the effect on her im; she is reducing her tariffs about 20 per cent. Limitations of space will not permit the desired generalizations. My only pose is to provide a hasis which will enable the average-reader to fol- lq popular ions. It may be said. however, that the fact that France, Switzerland, and Holland are devaluating illustrates the old lesson that once a few countries.start on the Primrose -path of devaluation other eduntries will follow—and they will keep up the Jame until international stabilization halts the crazy efforts to see who can give away the most go> for the least gold money in ret. ia. (Address questions to the avtho~. care of this newspaper) | | “TODAY'S Temperat res* Highest . Lowest Mean 3 Normal Mean . R 78 Fal Yest ecipitaiion Normal Precipitation -heur period morning. Almanac -- 6:28 a. . 5:56 p. --10:52 a. . Te ; oun sets Moon st 4 High 4:2 Low 5:46 Barometer 8 A. M. today: Sea level, 29.90. WEATHER FORECAST (Till 8 p. m., Tuesday) Key West and Vic:nity: Gener- ally fair tonight and Tuesday; gentle northerly winds. Florida: Generally fair tonight and Tuesday, Jacksonville to Florida Straits and East Guif: Gentle northerly winds; generally fair weather to- jnight and Tuesday except partly overcast over extreme south por- tion. A 1936 Reading to The rangements for a Limited Time only TEN CENTS Coin Stamp. THE KEY WEST CITIZEN, KEY WEST, FLA. ‘have beéR light M eh ariigeastern Lake | 23 region, and upper Obig Valley YOUR DESTINY BY LE MARS WEATHER WEATHER CONDITIONS Pressure is relatively high th’s morning over the sdutheastern 79‘ portion of the country, Asheville, ! is low {N. C., 30.06 inches, and .0 Ins, throughout other sections, with al -26 Ins. ! disturbanke over the extreme up-} jper Mississippi Valley, Duluth and | Minneapolis, Minn., 29.58 | Ligl ., curred during the last 24 hours! ™.' from: Galifiorniae<=southeastward | over Idaho and Utab, and there rains ig portion ‘of the north | while elsewhere fair weather has | prevailed. Temperatures are some- | what below normal this morning jin the eastern portion of the ‘country, but have risen in most lother sections, where readings are {near or above the seasonal aver- i G. S. KENNEDY, Official in Charge , LOOK YOUR BEST Improve your skin Relieve the irri- H tation of pimples and blotches with soothing, Resinol Citizen Readers by Special Ar- . and © EEG ip nrne nerermeee City and State See Date of Birth Write Plain—Enclosing 10¢ Coin and Stamp perhaps for the same amount of paper | DAYS GONE BY = 10 Years Ago Today As Taken From The Files Of The Citizen The first game of a double header in the Island City Baseball League was played yesterday aft- ernoon between the Regulars and. the Coast Guards and resulted in a_score of 4 to 3 for the ulars. Reg- {by one of the largest crowds of the season. In the second game It was a close game with} exciting moments and witnessed | the case of E. R. Bodine. charged! | with the killing of E. C. Morine! jat Cudjoe pumping station on ;May 26. The other is the case of 'Lorencio Ortega, charged with jthe double killing ef his former !sweetheart Mercedes Carmancha |and her escort Manuel Jimines on | the night of June 26. i The Cobo-Henriquez wedding will be held on October 25 stead of October 20 as announced in The Citizen of yesterday. reception will also be held at home of the brides, parents, 1 Duval street, immediately the wedding. ¥ ” thr Rae, il li of the afternoon the Outlaws out) | classed the Coast Guard aggrega- tion and won with a shutout, 2 to 0. ‘ The Cuban Stars and Norbert’s Boys met again for the second time in one week yester- day afternoon at the army bar- racks and gave an excellent dis- :play of good baseball which } brought forth many cheers from the fans. The game ended with ‘a victory for the Stars, and the {manager is confident that his j With the opponents of yesterday. The Saddle Bunches stretch oi the Uverseas Highway to the jmainiand is certamiy a beautuul | stretch of road, with its excelient |suriacing and many beautiful curves winding in and out amidst | beautiful foliage and flowers, The jright of way on Sugarloaf Key has beeh cleared the full length of the island and Work is progressing beautifully on this Key. Engineer | Bailey said today it will not be long beofre Key Westers will be driving the full trip of 22 miles to Cudjoe. He said that within 12 months all the roads and bridges j between Key West and the main- land will be completed. Business places are taking out their occupational licenses more promptly this year than last, ac- cording to the records in the of- iice of Judge Hugh Gunn. From October 1 to date there have been 200 issues recorded. Last year during the same period there were but 155 issued. This shows that 45 more people than last year have paid occupational taxes up to date. The fall term of circuit court, which was called in session and adjurned because of the death of Mrs. Browne, wife of Judge Jef- ferson B. Browne, will be con- vened tomorrow morning, it was announced today. Two murder cases are to be brought bfore the tribunal at this session. One is j the Institute at the First |church for teaching of leaders, eeseccecoce jhad an auspicious opening last This is 3 pret night. Twelve were present for. jthe work in young people's a methods. Fifteen attended the * s for Sunday School offi- =™¢ and teachers. Rev. Charles lee H. Elliott, who is conducting the tare «ill institute, has shown him: t ef an able and expert workers and since the lanned, many have expressed the ““P*™ wish that they would have the op ®°™*"™ portunity to attend and lea ne many methods which h: — advanced’ by the Rev. Elli bern on but According to a message MONDAY, OCTOBER 19, 1936. it Though handicapped by =i,’ Today's Horoscope ceived from the Tug Warbler. that vessel will arrive @ port tenight from New York where the vessel went to tow a ship which been saved from being wr Myron Russell, membe: gine room ferce of the SEBEL LL I LALA DDI, Pay For A Home is to pay for it as you pay rent is to pay monthly, out of on the principal and the over a given period of years. par mortgage and have the house free of it to yourself. BUY A HOME OR REPAIR O28 on CREDIT. MMM MMM MM EMM SE EM, The Easiest Way For You To z= very much like buying 2 house and t CONSULT US HOW YOU CAN BUD MODERNIZE € hbadade dade deadudaded daudadedadud WITTE IIIA IIL SIS 5 Coe he hehehehehe hed hehe, * 1X 1X NO. CPP IDODIIIIIIMIIIIMIIIIDI DODO IOI ID aID DID ELH: with cheap No. 2 or ly on arrival. Fk ekiadaebebeatbiied td td dbdd tA bdd ddd ZL 1X3 SHEATHING $25.00 * 30.00 * 35.00 * 3 COMMON—HIGHLY GRADED 3 4 6 . NEW ROSE BUSHES kinds of bushes offered this year, but only Red Radiance, Pink Radi- cial order. PRICE 50c EACH. Do net confuse these No. 1 basbe= No. 3 plants. Also expected—some jumbo size Easter Lily bala PRICE 2k EACH. Place your order with us now, and it will be delivered prompt SOUTH FLORIDA CONTRACTING & ENGINEERING CO. “Your Home Is Worthy Of The Best™ White and Eliza Streets Phene = LALAAAALAAAAAAAAAMMALALALAAAAAAAAAAAAAAAAAAAA Sew.