The Key West Citizen Newspaper, May 10, 1937, Page 2

_ Corner Greene and Ann Streets ‘Gatered at Key Wost, Florida, as second clase matter WIPTY-SEVENTH YEAR PESRS : cards of thanxs, resolutions ; ete, wi ‘ ts to be deriv: is @p open forum and invites discus- of and subjects of local or general é oy net ish anonymous communi- IMPROVEMENTS FOR KEY WEST <AADVOCATED BY THE CITIZEN Water and Sewerage. Bridges to complete Road to Main land. Free Port, Hotels and Apartments. Pathing Pavilion. * Ab port+—Land and jea. Consolidation of County and City Governments, Keep moving if you must, but don't forget to pay the rent. When men are voted into office they _ often forget that they are the servants in- ' stead of the masters of the people. Some- times the concept is the result of downright ignorance, at other times it is a case of “the public be damned.” Legion and Rotary Planning Big Cele- bration July 5—Key West Citizen. Say, _ that’s a darn’ clever idea to have it on @uly 5! That's putting one over on Jupiter Plavius—you know it’s sure to rain on the Fourth. .. —P. E. B. in Tampa Tribune. if you are desirous to know what peo- ple think about you, go into politics or as- sociate yourself with it, and you'll find out. Whether it is good or bad, it will. come to the fore. In Miami sainthood is ascribed to Moe Annenberg, publisher oi the Miam: Daily Tribune, and he is refe'-ed to as “Holy Moe,” even while stil! in the flesh. The anointment is probably due to his her- eulean efforts in cleaning the Augen stables of Miamian pciit‘cs Senator Gomez and some of his as- sociates in the legislature, besides a large group of house members have joined in a bill to provide $87,760 for the next two years to continue the work to acquire land anil perfect the formation of the Ever- giades National Park. It is not likely that the full amount will be appropriated, but it is believed that enough money will be fortheoming to continue the activities for the project meets. until the next legislature Ernest F. Coe, executive chairman of the Everglades National Park Commission, still insists that unless a portion of Key Largo and the bay bottoms, are included in the park project, Monroe County will not enjoy the advantages derived from the visit of thousands of visitors over the Keys, except in a minor way. There are others who are equally insistent that the inclusion of a portion of Key Largo and the bay bot-j} toms will be detrimental to the best terests of this county. only be told by the future. Both sides have plausible arguments, but both ap- proach the subject from diametrically op- posite points of view, though each is seek- ing a solution that will redound to the in- terest of all concerned. If the human mind had the power of infallible discern- ment or if there were such a thing as divi- mation, the problem would be solved. Whatever is done, let us hope it is for the best of all. in- = | | Who is right can} | | unless all signs fail will doso in the! future. No one is more interested in support- The Citizen and so, we wonder, just why the many previous campaigns have failed to produce lasting impressions and per- manent effect. Why the necessity for the revival of the “campaign” so often? Merchants, interested in winning the home town dollar, might ponder the query- Buyers, as any one admits, seek bargains. They will go to the places where they think that they can get the most for their money. Does the home merchant. always bear this in mind? Does he not, sometimes, expect to get the homé town dollar without de- serving it? We can hear at once, as some — local merchants read this far, the snort of superiority, as the thought goes down that The Citizen is criticising the local mer- chants. Well, boys, to be honest, some of you need just a bit of reform. Some of you have been careless in the appearance of your store, backward in the display of your goods and chary about extending courteous, prompt and dependable service to back up what you sell. We have of course, exemplary local merchants. They are the pace setters. Others, who are tempted to complain of the mail order businesses and the chain stores, might cast their eyes around the community and see what the successful in- dependents are doing, and figure out for themselves why they seem to get along in the face of modern competition. The answer is not so hard to find. These alert, local merchants are on their toes, know their business, manage it them- selves, serve the public and give more for the money than their competitors. They are pleasing their public through personal service, and the people go back for more. It is the only way to get, or to keep, busi- ness. Of course, you will find that most of | them are believers in advertising, recogniz- ing its service to modern merchandising. There is no reason that we know of why a local merchant can’t meet competi- tion. He can do it, if he will. If he does, he will get the vast majority of the home town dollars. THE “RIGHT” WORK As The New York Times _pertinently | points out, the most frequently heard argument in defense of the legality of the sit down strike is that employees have a vested “property right” in their jobs. The fact of the matter is, The Times says, that the “right” to a job does not mean the “right” to a prticular job but the “yight” to work and earn a living. “Suppose a worker turns out to be un- fitted for the task in hand, through no fault of his own, but simply because he is not qualified by temperament or by train- | ing or by ability for this kind of work,” The Times continues. } “Or suppose that he turns out to be lazy, intemperate, or insubordinate? Can it be seriously argued that anything but chaos would result if, in either of these circumstances, the worker had a ‘property right’ to this particular job, and that the management ought to have no power to replace him with a better man? How could t 9 under such a regime? long any industry keep going | In some establishments, it is impos- | sible for an employer to fire an employee for incompetence without a strike on his hands. The unions insist the employee has a “property right” in his job. Hl Carried to its logical conclusion, that would mean that employees also have a/ “property right” in the thing that supplied their job—namely, the firm. . They would, F ara § therefore, be on an equal footing with in- } vestors. Does the hired man who chops weeds } for the farmer own the hoe he uses? Does the maid have a property right in the! washing machine she runs for her mis-} tress? Does the stenographer own the typewriter her boss furnishes? Those last questions seem silly, but | are they any sillier than the argument that a factory employee owns the job in which | he works and therefore a part of the fac-} tory? { What | price would the consumer pay for his goods }, as it apparently did, but once a cur- rency has been devalued certain read~ justments take place further manipulation unwise. For ‘n- stance, devaluation changes the pari- ties in foreign exchange, and the adjustment of foreign transactions to these new parities. prices of all commodities entering foreign trade tended to become ad- justed to these new parities which we lifted 69 per cent when we reduced the weight of the dollar to 59.06 per cent of its former weight. The effects of these changes, which reveal them- selves clearly in international trans- actions, tend to be reflected in some unpredictable, uncertain, and immea- surable degree in the average of do- mestic prices, so that the adjustments become rather far-reaching. Over three years have elapsed since we devaluated our gold dollar by 41 per vent, and the adjustments to this change have long since been made, Most of them contributed to higher prices, But, in addition, we have had at work other forces contributing to higher prices, probabl the chief of which has been the inflation ‘of the currency. This has grown chiefly out of the tremendous expansion of bank deposits against the deficit of the Fed- eral government. Other factors con- tributing to rising prices have been the heavy influx of gold, due partly to the excessive devaluation of the dollar, and the otherwise normal ex- pansion of business characteristic of general recovery. With this upward swing has come a fear of a runaway rise in prices and currency expansion. Chairman Eccles suggested that “lowering the price of gold .. . might offer a means of check- ing excessive expansion at home.” Were his suggestion followed, the various adjustments that have been made would have to be made over again. Our foreign exchange parities would be reduced, the prices of the staples entering foreign trade would decline, and various other downward readjustments would have to be made. And for what useful purpose? None. Such a change would merely require new adjustments at the time business Anniversaries 1 Robert Gray, New Eng- land sea merchant and fur trader, who commanded the “Columbia,” 1789-93, first ship to enter the Columbia River, born at Tiveton, R. lL. Died at sea, in 1806. 3——Wi.liam Ladd, New Eng- aptain, farmer, “ap 1866, Montgomery B.air, Mary- Lincoln's first post- al, son of a famed in, born in Kentucky. Died » 1883. Bryce, Britain’s jor to Washington, “American Com- 1838 famed authe the monwealth,” Lorn. Died Jan. 22, 1922, of 1841—James Gordon Bennett, who su ded his father as pub- Vsher of the N. Y. Herald, able editor in his own right, born in New York. Died May 14, 1918. hant and sportsman, born. ps g KEY WEST COLONIAL HOTEL In the Center of the Business and Theater District First Cl Fireproof— Sensible Rates Garage Elevator Popular Prices pomas J. Lipton, Eng-} i which make | relapse. (Address questions to the author, care of this newspaper) ecole f i a_ liquidation, Considering all the other torments heaped upon business these days, a move of this sort might well precipitate a severe and a thor- oughly useless and unwise As a weapon to fight inflation that particular device is not the proper one to employ, Devaluation and inflation of a currency are two distinctly dif- ferent things; similarly, lowering the price of gold—that is, increasing the weight of the gold dollar—is some- thing quite different from squeezing inflation out of a currency. A liquida- tion in business can be caused. by sev- eral things which may have little or nothing to do with a preceding infla- tion of the currency; it may grow out of anything that reduces the prospects for profits. Today there are many forces at work in this country that point in this direction, Among them may be mentioned the labor situation, the harassing of business by the gov- ernment, the threat of heavier taxa- tion, and the recently-added Eccles suggestion that the price of gold be lowered, The weapons for fighting inflation. lie in balancing the Federal budget by cutting expenses, not by raising taxes; in an independent Board of Governors of the Federal Reserve System using its instruments of credit control properly; and in government encouragement of business enterprise. Our currency devaluation may have been a bad and unnecessary thing, as 1 think it was, Cutting 41 per cent off the gold standard is quite like cutting 41 per cent off one’s leg. One may recognize the mistake after- ward, but to attempt to correct it by another piece of surgery is hardly sensible. We have our 59 per cent dollar and the unhappy consequences which that particular device brought us, but we should make the best of the situation and not again run the risks involved in having more surgery performed by diagnosticians who can- not seem to see that the swelling lies in another part of the economic body, that it is due to an unbalanced budget, and that totally unnecessary trouble would be added to the many suffer- ings being endured by the body eco- nomic and politic if a splicing opera- tion is now to be added to the unwise amputation. aeeccoceve eeee ‘oday’s Horoscope Today’s native is endowed with both a receptive and dissecti mind and should be able in e: ecution with powers of resource. There is, however, an _ indication of indolence or an inclination to depend too much upon others; do ;not allow this to get control of you. is also indications of considerable means, without much desire to add to them. There Subscribe to The Citizen—20c | weekly. tle of in int national pe ctivities, born at Exeter, N. H. Died April 9, 1841. 1789—Jared Sparks, historian,’ ¢ clergyman, Harvard professor fand its president, born at Willing- ton, Conn. Died March 14, | BENJAMIN LOPEZ FUNERAL HOME Serving Key West Half Century 24 Hour Ambulance Service Licensed Embnimer Phone 135 CKSONVILLE FLORIDA GARNETT ANDREWS, Manager ENJOY SUMMER COMFORT at rn, fireproof hotel in the heart of do town Jacksonville. Every room with tub and shower, soft water, ceiling fan, radio, slatted summer door... Every Bed with innerspring mativess and reading lamp. Running ice water on every Foor. COCKTAIL LOUNGE» eG) DINING AND a ac Rates--Single with Private Bath 78 Rooms $2.00 - 80 Rooms $2.50 40 Rooms $3.00 - 24 Rooms $3.50 10 Sample Rooms with Private Bath $4.00 Slight increase for double occupancy Other J.B POUND Hotels HOTEL PATTEN WW HOTEL DESOTO Chattanooga, Tenn. Sev | RN jthe Lake region and covers, the} Bare meter reading at 8 a. pa WEATHER FORECAST (Til 7:30 p. m., Tuesday) Key West and Vineity: Partly! (7¢ sibly an occasional shower; light variable winds. Pilorida; Generally fair tonight} and Tuesday except possibly an occasional shower on the a treme south coast, Jacksonville to Floride Straits and East Gu:f: Light variable, winds, and. partly overcast. weath-} er tonight and Tuesday, with a; tew scatered showers over x: } tizme south portion, ; WEATHER CONDITIONS Pressure is moderately low this/ morning over the North Atlantic, States, and a low pressure areu; overspreads ths Rocky Mountain‘ region; while a moderately strong! high pressure area is crested over! central portion of the country | and southward into the Gu'f and! South At-antic States. Pressure is} also moderately high off the Pa-} cific coast. Light. rains have oc-} curred during the last 24 hours in) the northeastern section of the; country, on the north Pacific. coast, snd in portions of the! Member of the Federal Reserve southern Plains and northern; Texas. Temperatures have fallen Member of the Federal Deposit Insurance in the lower Lake region and: Corporation Ohio Valley, with readings near: cloudy tonight and Tuseday, POS! been unimportant. A Service for Ti For the ever-increasing number of patrons — who are planning a journey our bank offers : AMERICAN EXPRESS TARVELERS CHEQUES — as a protection for travel funda, These Cheques, issued in convenient denoml- nations of $10, $20, $50 and $100, cost only Te. for each $100 purchased, They are spendable wherever travelers go, and carry the added important feature of a prompt refund by the erican Express Company in case of loss or theft before your second signature is affixed, Ask the Teller about them, THE FIRST NATIONAL BANK OF KEY WEST and Am SERVEL ELECTROLUX — Has No Moving Parts Asa result, you enjoy... The GAS refrigerator is the favorite of thrifty women! FLORIDA PUBLIC UTILITIES CO. “YOUR GAS COMPANY” A ROY EI \DE. Mar.