The Key West Citizen Newspaper, December 15, 1936, Page 2

PAGE TWO The Key West Citizen Published Daily Except Sunday By THE CITIZEN PUBLISHING CO. INO, L. P. ARTMAN, President JOE ALLEN, Assistant Business Manager From The Citizen Building Corner Greene and Ann Streets Only Daily Newspaper in Key West and Monroe County. est, Florida, as second class matter PTY-SIXTH YEAR bisint Member of the Associated Press -be Associated Presé is usi7el¥® entitled to use for republication of all news dispatches credited to it or not otherwise credited-in this paper and also the locai news published here. SUBSCRIPTION RATES untered at One Year 3ix Mont Three Months One Month .. Weekly ADVE! Made known on appiication. SPECIAL NOTICE All reading notices, cards of thanks, resolutions of respect, obituary notices, ete., will be charged for at the rate of 10 cents a line. Notices for entertainments by churches from which & reyenue is to be derived are 5 cents a line. The Citizen is an oven forum and invites discus- sion of public issues and subjects of local or general Interest but it will not publish anonymous communi- rations. SS IMPROVEMENTS FOR KEY WEST ADVOCATED BY THE GITIZEN Water and Sewerage. Bridges to complete Road to Main land. Free Port. Hotels and Apartments. Rathing Pavilien, Ah ports--Land and Sea, Consolidation of County and City Governments. Buy from stores that advertise—you are at least assured of dealing with mod- ern, up-to-date merchants, The duPont estate has just been authorized to borrow $16,000,000 so it can pay its taxes.—Sanford Herald. In the recent turn-over in England, the British lost a sovereign, but retained a crown, so business will go on as usual. The late mutation in England was called a “constitutional crisis’, yet that country has no established Constitution. Never believe the worst that you hear about anybody and, just as im- portant, discount the best that you hear. If you try some of your shopping this week you will be surprised how much time you will have to enjoy Christmas next week, Down at Key West many picnics are enjoyed at Dinner Key.—Times-Union. Too far to reach across the table; Miami has the advantage, After hearing the average citizen talk about running a newspaper we “realize, alas, rather late, that the best newspaper men went into other businesses, You might not believe it but, never- theless, one company in the United té ¢: a few years ago, spent nearly 80 per™ € ; * : :, Le of its income on newspaper advertising. ™ Nobody ever got new business by wishing for it and even the manufacturer of the best mouse trap would have to toot his horn these days to stay in competi- tion. Nobedy wants a_ repetition of the prosperity of 1929, nor do Floridians sigh for the fleshpots of 1925. We want moderation and plenty of it; our lesson has been learned, From the beginning it was evident that the “Townsend Plan” was unsound, but Dr. Townsend, its originatorg: used sound methods and, practically penniless a little over two years ago, is today agrich man from his income of the movenie’ “If we were king,” says the Tampa Tribune (notice the editorial and kingly “we’’), it would do a lot of things to the English powers that be, if it were frus- trated in its desires. But when respon- sibility rests on our shoulders, we do dif- ferently than we think. Where is the edi- tor who can write under all circumstances as he would wish? And doesn’t nearly every reader say to himself “If I were ; the military art and the progressive de- 0 j ly to create a trained civilian army of REGULAR ARMY RESERVES Because World War veterans are reaching an age which precludes active military service, General Malin Craig, the | Army’s Chief of Staff, recommends the es- tablishment of a large new reserve of fighting men, available in time of emer- gency. General Craig points out that the reg- ular army is merely the nucleus of a war-! time establishment which must be created in the event of a major conflict. How- | ever, it must keep alive a knowledge of velopment in tactics and weapons, provide the defensive garrisons for our outposts in the insular possessions and the Panama Canal and “should be capable in war of throwing up a protective wall under cover of which our citizen forces can be mobilized.” , The War Department, he discloses, has plans for an enlisted reserve, ultimate- 150,000 men. The soldiers would enlist in the regular army for five years, three in active service and two in reserve. Dur- ing this latter period, they would be avail- able instantly, upon call, The American military force is de- scribed by General Craig as one designed solely for defense and unsuitable for ag- gression. Foreign armies, he says, are ready for instant use within or without the borders of the country, but in the United States there exists an unfinished and »an unassembled machine, some of whose parts are not in existence. We have given above a summary of General Craig’s suggestion to establish a reserve, contained in his annual report for the fiscal year ending last June. We do so in order that readers may understand the ideas of the military staff in under- taking the planning of a proper defense for the United States. This, we think, is important because of a growing belief in some minds that the United States spends entirely too much money on a small army. Quite frankly, we have not made a study of the question but it is generally admit- ted-that the total money spent in this coun- try is not the basis of comparison with other countries where there is nothing like the same cost per man. A NEW ANESTHETIC Baltimore surgeons were impressed recently with the results obtained through the use of a new anesthetic called evipan. It is administered by means of a_hypo- dermic needle, According to the report, a patient to undergo a serious operation was given an injection of evipan introduced into a vein in the bend of his elbow. He was entirely unconscious in 20 seconds. Six minutes after the operation was completed he re- gained consciousness and got off the oper- ating table by himself. After drinking a glass of. water he called for a “good big breakfast.” The new anesthetic seems highly de- sirable to use, because of its speedy effects and the factythat it does not cause nausea | when the patient revives, as ether usually | does. Evipan igs a German invention, and will be manufactured by a New York chemical company. Extensive tests will be made, however, before it is placed on the market. If it proves as efficacious as the Baltimore report indicates it to be, it will be a great boon to millions of suf- ferers. “TAKING” TALK DOESN’T HURT | With Germany, Italy and Japan ap- parently ready to make common cause of theigayn unrest and to match their power against that which may be arrayed to stop their ‘@iyilization” of lesser areas, emo nations of the world are ot of talk in their effort to prevent war, Soviet ia, however, is not so mild. Its leaders meet challenge with challenge and boasts with more boasting. Foreign Minister Litvinoff, for example, referring to the Fascist challenges to “peace-loving democratic States,” hopes that “before long those States will stand up to them. When this happens, the world will have another war because Germany, Italy and Japan will never surrender their dreams and become second rate powers voluntarily. So it might be wiser, just Editor”, what wouldn’t I do to such and; now, for democratic nations to “take” the such a man or measure. ee talk, You and. Your . Nation’s Affairs Not Much “Hot Money” By, €CLARENCE-W, FACKLER Associate Professo# of Economics, NewYork University The politicians, who fidve played some part in promoting the present Bull Market in securities, now in its 2lst month, are beginning to feel qualms of con- science. Their attempts to forestall criti- cism, or to meet it in advance, show that they would have been happier if the boom had not been in- duced to so large an extent by excessive public spending and by the wealth -distrib- uting features of the tax on retained profits. Concern, which has been reported in the Nation’s Capitol, regarding the expediency of imposing restrictions on “hot money” from abroad, is a'case in point. Should the stock market sink into any prolonged reaction, criticism might easily develop that the observed “prosperity” .was ini some way unsound. If so, an official explanation would come in’ handy! What could be better strategy than to. prepare it beforehand? Why not blame any decline on foreign inves- tors? 5 of As a matter of fact the $7,000,000,000 1 of our securities now held’ abrodd ‘is only 2% times their value in dJuly,' 1914, when business was at a very low ebb. Besides, the figure is insig- nificant when compared with the total market value of listed securities on November 1, 1936, amounting to $101,- 687,000,000. Moreover, it is less than 1/5 of the increase of $37,918,000,000 in the value of these securities since November 1, 1933. So} if our “prosperity” is wholly sound, any temporary decline in se- curity prices occasioned by distressed selling from abroad will in all prob- ability be something less than a “men- ace.” In any event, the repatriation of i is ‘the funds will depend as my upon the relative improvement’ ef business in various countries, as u; ering war clouds in Europe. Instead of threatening ta prohibit the importation of foreign’ capital, which no country has ever found it necessary to do, time could better be spent in putting the Government's own house in order. Al every banker realizes that what, credit in- flation there is today is on the Treasury's $11,100,000,000 id re- serve, which is over of the world’s monetary supply The real menace, therefore, is public borrow- ing and spending, which must soon be curtailed if the securities’ boom is not to reach uncontrollable proportions. Merely to increase the reserve re- quirements periodically will be of no avail. ae But calling attention to “hot,money” is not the only way in which public officials are taking criticism by the forelock. Politicians in and out of Washington are suggesting an unem- ployment census, urging the re-em- ployment of all men over forty, and defending “work relief” asa “labor reserve” for private industry: Quite obviously, the chances of ‘these people for immediate employ- ment, in. private undertakings are being reduced by the liberal pay in- creases and bonuses, awarded to their legitimately-employed kin—thanks.in no ‘small way to the Revénue Act of 986. uw Far be it frem.this column to deny additional income to deserving work- ers, but it does seem that this objec- tion is not entirely unreasonable. Why not meet it by sounder tax laws in- stead of by census-taking, essays on unemployables, and new names for old programs? Surely if the policy of spreading work was justified in 1933, it is even more defensible now that the earnings of most corporations have increased. Plainly, some of the $750,000,000, which is being disbursed in higher wages and dividends, might well be (Address questions to the author care of this newspaper) TODAY’S Temperatures* Highest ... Lowest Mean Normal Mean - Rainfall Yesterday’s Precipitation _.0 Ins. mal Precipitation 09 Ti Tomorrow's Almanac Sun rises 7:05 Sun set: 5:41 Moon rise: 9:07 a. Moon sets 8:18 p. H Tomorrow's Tides : A.M. 4 11:59 Ligw ue... AUB oy “Barometer 8 a. m. today: Sea level, 29.97. - m. Mm. m, 1142 WEATHER FORECAST (Till 8 p. m., Wednesday) Key West and Viciinty: Rain! this afternoon; mostly cloudy and slight'y colder tonight and Wed-| nesday; moderate to fresh south- erly winds, becoming northwest’ or north. | Florida: Rain this afternoon’ ;; ward over the Lake region used to this end. and Wednesday with showers early tonight. WEATHER CONDITIONS Pressure continues high from the West Gulf States northeast- and middle Atlantic States, Corpus Christi, Texas, 30.32 inches, and ' Little Rock, Ark., Nashville, Tenn,. Pittbsurgh, Pa., and Detroit, Mich., * 30.30 inches; while low pressure jareas of slight intensity are cen- (tered. over the Florida peninsula, Tampa, 29.92. inches, the far Northeast, Eastport, Me.,..29.86 4383, inches; the notthérn ‘Plains States, )Wi liston, N. D., and Huron, S. | D., 29.84 inches, and off ;the Cali- | fornia coast, San Franciscg, 29.88 inches. Rains have occurred dur- jing the last 24 hours throughout most southeastern districts, being heavy at Apalachicola, Fla., 1.26 inches, and Tampa, Fla., 1.02 inches, There have also been rains in Caifornia, heavy, at Los Angeles, 1.02 inches,’ and in por- tions of the Plateau region. Tem- peratures are, below normal on the and in extreme east and extreme! middle and west Gulf coast, with north portions * tonight, ‘slightly colder except sin ‘extreme west portion ‘tonight;’ Wednesday mostly cloudy, sjightly colder ‘in south and east-central portions? Jacksonville to Florida Strait Moderete to fresh southerly winds! over south portion, and northeast’ to northwest winds over north portion, and weather overcast to-! night and Wednesday with show-! ers tonight. | East Gulf: Moderate to fresh, northwesterly winds, except south- | erly to westerly over extreme south! portion, weather overcast tonight ‘ 'Jight frost on: the north: | White, elsewhere, throughout Texas coast; u the country, readings are ‘ generally near or above normal being 8 to 10 degrees, above in the, Florida peninsula. 666 COLDS FEVER Liquid - Tablets i Salve-Nose Drops _ Headache 30 minates, | Try “Rub-My-Tism”-World’s Best it ¢ SESSSes sss ssi ss aes ir, MT MM EM MM very much like buying ‘a it to yourself. The Easiest Way For You To Pay For A Home ‘ i is to pay for it as you pay rent. The logical’ aH is to pay monthly, out of income, an installment on the principal.and the interest, etc., and thus, over a given period of years, pay off the entire mortgage and have the house free of all debt. If’s house and then renting CONSULT US HOW YOU CAN BUILD OR BUY A HOME OR REPAIR OR MODERNIZE ANY TYPE QF BUILDING ON INSURED CREDIT. Gao am: N The First National Bank ot Key West Member of the Federal Deposit ' * wsssrrssrrsrsares “a twas made by J. Otte Kiechbeinee {chairman of the beard of county Still optimistic as to the future |CO™™Sstoners at 2 beard meeting lof Key West and firm in the be-/Beld this morning = lief that the future holds great things in store for the city, Mal-|__Monree county high schecl colm Meacham is in the city to-/ X*y West has been awarded the dn an wl vam She PA eye ax ace looking over his holdings. - . _ Meocinal eale/S was Cass. The school bas agnin teen find the people. more onesies «ib 2 auntenily than ever and much more g9.than' = t* Asseciation of |at two places in which be, stpp-! © jped in his trip down the ~ west, coast. “My message to the peo-| ple is to keep their faith in Key West and the Key West port. It may take a little time but Key West will come into its own.” ; i who does think. that kind of American Members of the executive com- mittee of the Oversea Highway Association held a meeting this morning at the rooms of the Chamber of Commerce for the purpose of selecting a committee! |‘ look into the details of the! election of officers which is to be i on January 27. Captain Clark }D. Stearns presided over the meet- ‘ing and the following members! |were elected to the election com-| mittee: Bascom L. Grooms, E. A-! Strunk and General Harry Hale. | The tourist information bureau) for the coming season opened to- jday at the Florida East Coast | R’y. station with C. C. Symonette |in charge. He will meet all trains and steamers upon arrival and furnish any information which may be desired by tourists, travel- ers and visitors. Mr. Symonette/ will also be supplied with litera- ture for distribution to interested people with whom he may in contact from day to day. The information booth is being oper- ated by Mr. Symonette who is employed on a straight salary for a specified period of time. i come All along Duval street last night could be heard compli- mentary remarks which were made by the people who admired the striking transformation with the lights of the white way il- luminating the thoroughfare. They also congratulated the committee on the culmination of their splen- did idea. } IDE war 4 weet & Jeckee ville on one of Florida Motor Limes brand new Zepbyr buses... smooth. quiet and horurices You I agree with our frst ders = these radically different type buses ma’ there's a new thrill = revel - The sum of $713,874.98 rep- resenting the amount realized by Monroe county from the recent sale of bridge and road bonds ar- rived yesterday and was de- posited in the First National Bank to the credit of Key West The bonds sold for 95 cents brine- ing $712.500 for the $750,000 of bonds sold plus $1,374.98 in ac- to just the right temperature. No extra fare on the Zepbyts_ LORIDA MOTOR|INE OL L LLL RADIO LAMPS CLAD LAA LA Lh kk kde, ‘ 98c A VARIETY OF ATTRACTIVE LAMPS FOR RADIO, END TABLES, ET* COVERED WAGON, GIRL WITH FAN CHARIOT, AND & FEW SMALL LAMPS WiTH FROSTED GLASS SHADES AND BASES. SMOKERS’ STAND $1.25 BRIGHT CHROMIUM BASE AND STAND TRIMMED IN BLACK ENAMEL. THE RIGHT GIFT FOR A MAN VEGETABLE BINS Attractively finished @ lettuce > OC hhadhddadaddaddededdd Abdadadude ddd bd hudadadadadubadudadids “1 a2 ont BOTTLE ... Good for any kindof furniture. green enamel Has three fort. tar DOC ma $1.25 SOUTH FLORIDA CONTRACTING & ENGINEERING CO. “Your Home Is Worthy Of The Best” White and Eliza Streets © Phone 338 Me gi