The Key West Citizen Newspaper, February 9, 1938, Page 2

PACE TWO The Key West Citizen ept Sunday By PUBLISHING €O., INC. President and Publisher i Hasiness Manager n Building né@ Ann Streets vn L. P. AMIMAS. 30K ALL n Key West and Monroe mty Entered at Key West, da, as second class matter | jember of the Axsocinted Press exclusively entitled to use | news dispatches credited to redited in this paper and also | ws published here. SUBSCRIPTION RATES $10.00 5.00 2.50 86 20] ADVERTISING RATES e kiiowh on application. MAL NOTICE cards of thanks, resolutions of es, ete., f 10 cents a dine. erica. | and bonds, and by the banks and | Steck Exchange, will be charged fer at | THE HOLDING COMPANY Destruction of. “all holding. com- | panies” would revolutionize industrial“Am- Its bitterest effects would be felt by the millions of citizens who own stocks insur- ance companies to which they have en- trusted their savings. For, as financial experts pointed out,.about half of the | widely-held securities outstanding in this country represent corporations which are wholly or partly holding companies by nature. The “big board” of the New the _ world’s York principal / market place for sécurities, lists hundreds | | of concerns of this kind—concerns whose s for entertainments by churches from which | to be derived are & cents a line. open forum and invites discus- ie iss and subjects of local or general it will net IMPROVEMENTS FOR KEY WES7 ADVOCATED BY THE CITIZEN 3. 2. Water and Sewerage. Bridges to complete Road to Main- land. Free Port. Heteig and Apartments. Bathing Pavilion. Airvorts—Land and Sea. Consolidation of County and City Governments. Talk is good when action follows. One may be unjust as often in omis- sion as in commission. Business today is a game in which none of the players can understand the riles, As no one seems to understand it, the new farm bill may be the one to end all farm bills. We doubt that the gals will do with- out silk stockings very long just to help the poor Chinese. ‘They are having “shake-ups” in Ger- many, while we in the United States still submit to “shake-downs.” Tt might be a good idea, once pens, ‘ Phere are rumors afloat that the ap- proaching county campaign is going to be hot; but the congressional race promises to be hotter, as it has Pepper in it. Eight members of Congress refused to aecept the Christmas mileage graft, and now their colleagues think they ought to | be thrown out of the grafters’ union. The Murphy Act was designed to al- low property owners to redeem their de- linquent property and place it on the active tax rolls, but “the best laid’ schemes 0” _ mice and men gany aft a-gley.” As a local politician said recently, “fifty per cent of the beneficiaries of the Murphy Act will be back on the delinquent tax list the very first year.” Buying in of the property when it is offered for sale by the state is the teeth that could remedy the delin- quency, but everybody is afraid of their bite. Gracie Allen, actress portraying the dumbell most adequately, after computing her income tax, has hit on the idea to swap her salary for the government's in- come tax. , She has something there, even if it sounds silly. But it isn’t as silly_as it sounds, For instance: Alfred P. Sloan's salary as chairman of General Motors, is $561,311.00; his federal income tax is $351,314.14, So if he had swapped his net salary for the income tax paid the government, he would have been the gainer by a neat sum. In other words the government receives $351,314.14 from his salary and he gets only $209,996.86, a dif- ference in favor of Uncle Sam of amount- ing to $141,317.28. Besides the federal tax he also has to pay a state tax of $44.- 654.88; furthermore there is a city and county tax to be deducted. After the tax collectors are through shearing, Mr. Sloan has al] his private bills to pay, while Uncle Sam pockets the whole caboodle, and starts boondogling. in al while, to do as you please in spite of the | advice that you get—and see what hap-| | stocks are owned by the butcher, baker and candlestick maker, as well as large investors, pyblish anonymous communi- | | The holding company came into ex- | | istenee and has remained in existence for | a very good reason—it gave the people | better services and products for less money. | Utility holding companies have been large- | | ly responsible for the amazing progress | | made by the gas aad electric industries. Banking holding companies have strength- ened and r de safer the nation’s banking structure. dolding companies for auto- mobiles, petroleum, processed foods; cloth- ing and.a hundred other commodities have | been mighty factors in improving the Am- | erican standard of living to where it is the best in the world. The holding company, by providing | | unified control and production, lessens and | eliminates waste. It provides the most ef- | ficient management. It is able to produce, | distribute and sell products and services at | asminimum cost. To a far greater extent | than most of.us realize, American indus- trial supremacy depends on the holding company. i The public should be adequately pro- | tected against holding company abuses— | Or abuses by any other form of business or | political manipulations. If present laws are ineffectual, they can be rewritten. But | you can’t entirely destroy the holding com- | Pany without uprooting American indus- every man with a jqb, afew shares of stock, a bond or two, a -life insurance policy, or money in the bank. SIDELIGHTS | By MARCY B. DARNALL, i Former Editor of The Key West Citizen | ; When Lane Halacre, an aged farmer | near Cookeville, Tenn., reported that his | This map is one of a set of state maps recently th li committee investigating ona "eenvny sanwaned 0 svs0mon gov 8H 006 On d10hh019 wonsnneoverm to the special and relief by J. J. Pelley, President, Association of American Railroads, Washington, D. C. Each spot indicates @ city or town where one or more railroads purchase materials and supplies. . In Florida. the railroads purchased materials and supplies in 323 cities and towns located in 64 of the 67 counties in the state. RAILWAY PURCHASES REVEALED The railroads in 1937 bought materials and supplies or fuel in 323 cities and towns located in 64 of the 67 counties of Florida. This fact and the nation-wide spread of railway purchases was reveal- ed in a series of exhibits which J. J. Pelley, president of the As- sociation of American Railroads, recently presented to the special Senate Committee now investi- gating unemployment and relief. For the nation as a whole, these exhibits showed that last year purchases of materials, supplies | and. fuel amounting to a total of } $900,000,000 were made..by the try as we know it today—at the expense of railroads..in 12,174 cities and! towns located in 2,637 counties g | a;total of 3,072*counties im the } states of the nation. These pur- chases _ included 70,000 different items and thus af- fected industry. and agriculture everywhere. In 1929 and 1930 railway pur- | chases of materials, supplies and fuel, averaged, $1,184,000,000 . an- nually. In the five years from 1931 to 1935 this yearly average | dropped to $559,819,800.. In 1935, |railway purchases of materials, | home had been robbed of $300, the third | | time it had been looted in recent months, | Sheriff O. H. Philpot remarked: “They | rob that old man like a bee stand.” j Prompt results from advertising are | reported from Prince Albert, Canada, when | William Kernaghan went to the _ 'ocal | newspaper to insert an ad for his dog, which had been missing a week. As‘ he left the newspaper office he found the dog awaiting him outside. Unique among human organizations is the Edinburgh Astronomical Society, which does not know how to spend the $175,000 left it by the will of a former member. The Society has no paid officers, occupies only one rented room for keeping a bookcase of | astronomical works, so its expenses are | negligible. 3 Manle? J. Owen qf Birmingham, a jobless carpenter, received the first un- employment check issued in Alabama. It was for $15, and employees of the Siate Compensation Commission bought it from Owen at a premium for framing. Perhaps the oldest horses in the coun- try are Maud, 38, and Topse, 37, owned by W. E. Snyder of Port Trevorton, Pa. The greatest age ever attained by any horse in history was that of a mare owned by a doé- tor in Danville, Pa., which died a few years ago at 43. Americans consume an annual aver- age of 16 pounds of candy for each person. the total being more than two- bi:lion pounds. It is estimated that .mere than one-half of the chocolate covered candy Luis sold in the United States are made in _ Minois. Members of Troops 52 and 5, | resentatives of Troop i, Scouts, were guests of First | Methodist (Stone] church Sunday | night at a special sermon. This | Was in observance of the begin- ning of the twenty-eighth anni- versary of the founding of the Boy Scout movement ica, Members of the two troop com- | Miittees, as well as former scout- masters and friends, were in at- tendance, also. Rev. Joe Tolle, pastor of Stone ehurch, requested the scouts, with their leaders, to stand and repeat the scout oath and laws, after which the sermon, taken in ac- cord with the youth of today and moral support that should be giv- en the scouts, was preached. “We give too little time to the outside surroundings that our boys have to face, and do not give the support that shoyld be given to a worthy organization, as the scout movement”, sfated Rev. Tolle. “It is the moral boy of today that makes the moral man of to- morrow”, the pastor said. At the conclusion of the serv- ices, the boys and girls marched out and lines were formed to meet the congregation at the door. STs REPORT PRESENTED 10 COMMITTEE supplies and fuel increased to $803,421,000... Encouraging traffic volume in the first half of 1937 resulted in a.further increase in railway purchases of materials, supplies and fuel, the total for the year amounting to approximately $900,000,000. The subsequent Sharp decline in traffic volume and .revenues, especially in the fourth quarter of the year, has re- sulted in a necessary and drastic reduction, in railway purchases. Mr. Pelley, in presenting these exhibits to. the Senate Commit- tee, pointed out that increased | Teyenues and a retufn of normal traffic would bring about a re- sumption .of railroad. buying in would stimulate industriah activ, | ity throughout the nation and the approximately: reemployment of thousands of workers. To build one freight) ear, he said, requires materials | from 31 different states and pro- vides.1,987 man-hours of employ- ment—approximately. a year’s work for one man.- To build one | locomotive, he added,-provides 50 {men with full time, work for one year, and requires materials from more than thirty states. SERVICE CLUB HOLDS MEETING (Continued from Page One) be involved if they undertook to demand law enforcement... He | heading operating perniciously in» hoods, and. called for a. “cleanup” Lon them also. in Amer-! ; Professor Cecil Clewis, and Dave Shellenberger. Severe magnetic storm linked with sun. spots disrupts trans- oceanic short wave reception. Peace conference backs trade pacts and urges world economic cooperation to end war. soemeneseceesesescccccce It’s Deliciously, a — TRY It x — STAR ¥ BRA CUBAN COFFEE | C Beard, February 4, giving his us.it's the day for ‘We roll out upon age as 85, reminded me of what ),which is ever changing in I. read—the same> morning in: “America”. To prove that Life Begins.At Eighty by R. C. Hart- : nett, which condensed, gives. the following examples of some not- able octogenarians: “St- Poly- carp, disciple of St.) John, the evangelist and consecrated bishop of Smyrna by the Apostles, hand- ed down their teachings to the Christian converts and sealed this testimony. with_his blood in mar- tyrdom at the age of 86. “Cardinals Newman and Man- ning, Bishop. Ullathorne,.. Pope Pius XI, Miss Agnes Ropplier and and soon Key West is but a ant ridge. month «< £22 = = viteDan extended sons interested am Socals Next meeting af whe Socebkt be held on Feoruary 2 Miss Ida Tarbell were or are oc- | togenarians. The climax is topped _ by St. Anthony, of Egypt, hermit, | who reached 105, without having! his sight or hearing impaired and without even losing a ‘single tooth”. He might have added that St. Paul, another hermit, had lived to the age of 112, and that five Beechers, authors and clergymen in New England were all long-liv- ed. Key, West, due to its, climate, prolongs life; and among some who died centenarians, I _recall “Queen Julia”, her age being 110 years. (See article about her in The Citizen, 1930). Returning..to the beginning of this .communication, to . Uncle Dan, who, on his 85th. birthday, invited the fathers of the Rotari-. ans to get scout members, may I go one. better in ‘the same hum- erous vein, and ask him. to, or- ganize Octogenarian Scouts, men and. women. Of course,.from such, as are healthy and active. I am sure that the fair sex at that age would take to a white uniform to match. their silvery locks, their first-patrol might be called Snow White, and in ;imitation of the Brownies. Whities might be.form- ed with septuagenarians. waiting till of age, their eightieth birth- day, to enter the troop... The keys would be ideal locations for vaca- tion campus. Though hale old. men cannot daily cut down a tree like Glad- stone, nearly a nonagenarian at death, nor play a two-hour foot- ball: game, still they might take setting-up. exercises, play scout games, hike with moderation and parade in_uniform on National holidays like some of the War , In conclusion let all scouts, es- pecially in Key. West, give three cheers for Uncle Dan. Let all? scouts strive to become youthful Methuselahs. An Old Troop Committee Member of a Former B. S. of A. Troop: Key West, Fla., Eth tt Feb. 7, 1938. ENJOY FISHING Editor, The Citizen: Brrr! The zero wind shrieks down the. boulevard, ing the falling snow hard into our The snow underfoot, packed, dirty and icy, is daring us to walk much farther. Chicago, we love it? The soft warm breeze lazily SIXTH DAY ii i a : [ [ & % : i I i : ae be / Hi ‘4 " | ge ¥ ») 4 ’ il Febs-it TRY TO DRINK ‘ FLAVOR THEREAFTER. EVERYW