The Key West Citizen Newspaper, April 27, 1938, Page 6

PACE Hix ‘ee Neis Neis $35,000,000 Profit From PWA Operations (Special to he € pace ‘ WASH: ‘TOD D:. Cy ‘The Government has r sect ed more than $35,000,000 as a re- sult of profit from PWA_ bond sales and interest collected on se- curities, the Public Works Ad- ministration Division of Accounts reported today to Administrator Harold L. Ie The total of ed through amounted to $ 1 interest collect- March 31, 1938, 40,204.52, while ‘the profit to the Government from the sale of bonds amounted to $12,858,566.11, the total of prof- it and interest being $35,398,- 770.63. In financing the Public Works program, the Federal Gov- mment paid on an average of 3-8 percent on borrowings while states, municipalities and other public bodies which borrowed irom PWA paid 4 percent. The Public Works Administra- tion has sold to the Reconstruc- tion Finance Corporation $601,- 818,061.21 worth of securities, most of which were municipal bonds which were posted as col- lateral for PWA loans for the fi- nancing of useful Public Works projects. The Reconstruction Fi- nance Corporation, acting as agent for PWA, has sold $431,- 330,909.45 worth of these bonds to the public. The $12,858,566.11 profit is ac- tual realized cash profit for the Goyernment. It represents the excess paid by competitive priv- ate investors bidding for the pub- lie improvement bonds examined and purchased by PWA as loan security in financing permanent improvements assisted in the pro- | gram designed to develop con-! struction employment and aid heavy industry. Premium sales of such security attesting the quality of PWA’s lending record! are continuing. The latest report received by PWA from the RFC shows that RFC still holds $170,487,151.76 worth of securities, including $49,189,027.84 worth of railroad. bonds, while the Public Works, Administration holds in its port-, folio $47,927,032.41 worth of se- curities of public bodies which it has not yet turned over to the RFC for sale. DINNER GIVEN FOR T. FUTCH (Special to The Citlven) LEESBURG, April man G, Futch, after a heavy week of campaigning on the lower East Coast in the Miami section, re- turned to Leesburg Thursday night to attend a testimonial din- ner given to him here by the citi- zens of Leesburg, Lake County and other sections in this vicini- ty. The dinner was held at the Country Club and was attended by around two hundred, packing the house, mestages came from all over the state telling of sup- port for his candidacy for a seat on the Supreme Court, group two. A united front was presented by the citizens of this community in supporting Futch: Resolutions of support were read from the at- torneys of the county, ministers and many others in groups and as individuals. Fri he spent some time with the nev annual sion at Ocala and Sil- ver Springs returning here to take care of private business over the week-end. Senator Futch will Bo into North Florida today and will spend the week working in: that section of the state. He is highly pleased with the support given him and his friends assure him that he is making splendid head- ¥ with his campaign and that succ is in sight for him HONORS FOR MISSES SULLIVAN, APPEL rint te The ©otiremd April nd Miss Rose y West were among ts recently elected to e by 16 of the natio: Florida State TALLAHASSEE lege are Alpha Delta Alpha Omi \. Beta Phi Alpha, 2 Phi Epsilon, De Alpha Theta, Zeta ha, Pi Beta Phi, Phi Mu Delta Sulliv ta Delta elected vice ent of Al Xi Delta soro and Miss Appel recording tary of Delta Phi Epsilon ish Cabinet decides commitments for ak in Central Europe. against id to the states 27.—Tru- | escaped, Again the ages ran from per men in/ ” HIGHWAY PICTURES IN LIFE MAGAZINE. Key West has come to “Life’ in more ways than one. One of the ways is in get- ting magnificent pictures of the new Overseas Highway in this week's issue of Life magazine. There are three large pic- tures in the two full pages allotted the Highway, and an accompanying legend. On the first page a large expanse of wavy ocean is streaked with the boomerang shaped “Long Bridge” which curves over Pigeon Key and streaks southward in a white line, supported by high con- crete foundations. Another photo shows the toy-appear- ing wreck of the train that went to save the veterans in 1935 and was itself blown hundreds of feet from the track. Around it huge planks appear like matches thrown around in the aerial photo. A final picttre shows a sideview of the highway crossing Pigeon Key with the thought, “Notice that no pro- vision is made for motoring off the highway down to this key. The idea is to drive through,” The long stretching Over- seas Highway is described as a “lifeline” to Key West. SIS I SILI OL, MANY. TRAFFIC ACCIDENTS IN MARCH, SHOWN REPORT REVEALS THAT SEV- ENTY-SIX PEOPLE WERE KILLED IN FLORIDA DUR- ING PERIOD “March was truly a_ bloody month for Florida judging from traffic accidents. 76 people were killed in March which is the larg- est fatality list Florida has ever had during any month except December. Practically no county a fifteen months old child in the arms of a mother to a pedestrain 76 years old who was killed as he stepped from a bus. Several of these were killed by running into trains (trains don’t run into cars). A number were killed riding bicycles at night without lights. In none of these 76 fatalities do we find a mechanical defect. In one instance a drunken driver killed his own father. There were over 2,500 people injured during the month in traffic accidents and over 400 of these were permanently injured Isn't this an awful price to pay for speed. A Standard Drivers Li- cense Law with proper enforce- ment has reduced accidents in other states. It can be done in Florida also. Every candidate for the legislature should be pledged to a Standard Drivers , License Law,” stated Asher Frank, Di- rector of the Florida Safety Coun- cil today ae Bring them back alive, Stop, think, and live. Don't drive 60 miles an hour, If you have a 20 mile mind POLITICAL RALLY ON TAVERNIER KEY E. R. Lowe, of writes to The Citizen tion that plans have Peace Justice Tavernier the ii been ral perfect e held in the n the ly Tavernier ight of April 28 lidates in ary elec the coming n of May 3 are be semble upper Key p inaugu Aur France this summer by weekly service is 9,000 flight te ntermediate stops will be mx wide in about four A days. i i for a big political | OF 41 YEARS AGO. — STREAMLINE 15 NOT, ALTOGETHER NEW AS SHOWN By THE VALLIE CAR PANTOUFLE iy OF 1897. Hy REGISTRATION FOR PRIMARY IS INCREASING - ESTIMATED THAT CLOSE TO 5,500 WILL BE LISTED WHEN BOOKS CLOSE SATURDAY. APRIL 30 John England, county supervis- or of registration, made the state- | ment yesterday that he was very much surprised at the new reg- istrations which have appeared on the county registration books, which at the last check made Sat- urday afternoon numbered 618. At the time the books were opened and placed in the differ- ent precincts for registration the number of qualified voters was) 4,725. Since that time the num- ber of registrations have grown until at present count there are 5,343 and the number is_ still growing, said the supervisor to- day. The registration in each of the 10 precincts. are herewith shown to give an idea of how the num- ber has reached the present total: Precinct 1, 68; precinct 2, 40; pre- cinct 3, 68; precinct 4, 73; pre- cinct 5, 74; precinct 6, 61; pre- cinct 7, 95; precinct 8, 40; pre- cinct 9, 28; precinct 10, 71—mak- ing the total of new registrations, 618. Mr. England said that registra- tions were still being recorded and there was every reason to be- lieve that before the books are closed on the night of April 30, there would be 5,500 registered voters in the county. MIAMI and Dire DIRECT gee ave 00 o'clock A. M Key 0 o'clock P. Miami LOCAL: aves Mian $:00 o'clock waves Key M West rm West Miar ck P 5:00 0'¢ Miami * 2:00 o'clock A. M., West 9:00 o'clock A THE EEY ast CITIZEN Tne 1862 austin WasnTAa miocET/ -BUT A FULL SIZED |i} CAR OF ITS DAY fi PROPELLED BY STEAM Yt =STREAMLINED-DESIGN a CLOSED CARS-Many OF THE CHANGES WHICH CAME WITH THE CLOSED CARS ARE STILL USED~ LEATHER SEATS WERE REPLACED ee vesver, - UPHOLSTERY WHICH WAS THE FORERUNNER OF LUXURI EASY-TO-CLEAN MOHAIR VELVET 50 WIDELY USED AROUND MIAMI (By CONTRIBUTOR) SOHOHSHOHOSSESHSEOSESCE A dribble of the winter crowd still trickles up and down Flag; ler Street and the “stay thru May” slogan seems to win more converts in Miami every year. Stores have been running sales since March and will continue. The sale is a lure that seems nev- ‘er to fail, and with season prices a hold-up no wonder. Easter help- ed many to break even who lag- ged in the red. But competition is doing good work, except in the drug-department stores which compares prices and keep ’em up. Miami reluctantly admits Key West is “enjoying a mild boom”, ete. All the Island City needs is a branch of a mail order house to cut out a lot of Miami’s trade to the South, and in Cuba. It takes a lot of money to move a big merehandising plant, but once it arrives it does business. Note for a group of forward-leoking Key Westers to “get there first” in a lucrative field. But the wiseacres, as has been hinted, see the handwriting on the wall hereabouts and know the big rent days are nearly over. Owners of land can afford to build but last winter showed ex- pected crowds to be fickle. Mr. Pioneer, who knows the signs, sold his property at about the right time. Upkeep and Upset Smith—It's not the cost of the car that worries the average mo- torist, but the upkeep. Jones—And sometimes turnover. , NC. the OVERSEAS | TRANSPORTATION C0, | Fast, Dependable Freight and Express Service —between— KEY WEST Also Serving All Points on Florida Keys between MIAMI AND KEY WEST +0. TWO ROUND TRIPS DAILY (Except Sunday) t Between Miami and Key West. arriving Key M., arriving (serving all intermediate points) 9:00 o'clock A. M., arriving Key A. M., arriving SS Free Pick-Up and Delivery Service Full Cargo Insurance Office: 813 Caroline St. Telephones 92 and 68 Warehcuse—Corner Eaton and Francis Streets eecee WASHINGT Seeeocccerceccenceseeeece 330.000 ' Telegraph companiés report that they handled more messages while the Reorganization Bill was before the House and Senate than they ever handled before on a previous political issue. They estimate that ,000 telegrams were delivered to congressmen, most of them being in opposition to the bill. HOPKINS EXPLAINS “Our economic life, based on a profit motive, is the most effec- tive economy known to assure the well-being of all,” says Harry L Hopkins, WPA Administrator, who holds that our national policy should include Government con- tribution to purchasing power, when needed, and competition on a scale we have not known for many years. Mr. Hopkins told the special Senate Committee on Unemploy- ment and Relief that it was the moral obligation of the Govern- ment, as well as a good business step toward recovery, to provide a job for every employable per- son absolutely needing aid. He contrasted the widespread fears of ON NOTES Peeeecccsencesccecsecccs 1932 and 1933 with the relative security now offered the jobl the bank depositors, the farmers, and insurance holders. Mr. Hopkins insisted that the “one central and abiding purpose of the present Administration is to “fortify consumer-purchasing power.” The present recession, in his opinion, is the result of four main causes: The first the failure to fortify purchasing power, coup- led with the resultant “tremen- dous increases in inventories,” the failure of the “promising building revival because of rising costs,” and the “general unwar- ranted increase in prices.” Mr. Hopkins blamed the “con- trolled and monopoly prices” for the fact that in 1935 and 1936 the highest two per cent of all Ameri- can families received “considera- bly more income” than the entire lowest third. This, he said, result- ed in an inability on the part of the lower group “to buy the goods and services and furnish the pur- chasing power necessary to keep the economic machine going.” For this reason, there must be nation- al intervention to stimulate com- petition for the purchasing power WEDNESDAY, APRIL 27, 1938 on behalf of the consumers. Otherwise he thinks, the benefits of the Government's efforts are likely to be sapped away. are in fimancial difficulties, ac- eording to Col. Sdgar Gorreil, president of the Air Transport Association, who recently told a Senate Sub-committee that the lines must find new cash if they are to survive. He advocated the stablishment of a Federal a> tion Authority, with powers over commercial aviation similar to the Interstate Commerce Commi sion’s powers over land tra tation. HOOVER Upon returning to his from a trip to Europe, former President Herbert Hoover an- nounced that he would “help elect a larger Republican congress - al representation” in the 1938 political campaign. He did not elaborate on his plans but poli- tical observers, in view of his rec- ent speeches, are watching Mr. Hoover closely in an effort to as certain whether he will attempt a political come-back. FIRST SALES A new six-cents airmail stamp will go on sale generally through- out the country on May 15. First day sales will take place at Day- ton, Ohio, and St. Petersburg, Fla., on May 14. First-day sales of the first four stamps of the new regular series will occur as fol- lows: One-cent Geo. Washington issue, Washington, April 25; one and a half cent Martha Washing- ton, Washington, May 5; one-half cent Benjamin Frankling, Phila- delphia, May 19; two-cent John Adams, Washington, June 3rd. AIR LINES of the nation’s air lines home pors RECOGNIZED As a practical necessity, the United States has rei zed the absorption of Austria by Germany and the German Governm been asked for assurance that it will respect Austrian indebted- n to this count This involves 05,480 of so-called war debts and $38,488,000 of bond ot tions issued by Austrian corpora- tions entities. War debt have been in default but most of the privaté debts were being met before Ger- man annexation. In addition, Aus- trian territory has now been in: cluded in the trade ban against Germany, which has heretofore definitely refused to recognize of to grant the United States equat commercial rights. bscribe to The Citizen—2 week Oe Some TEXACO FIRE CHIEF GASOLINE PAUL’S TIRE SHOP Cor. Fleming and White Sts. —Courteous Service—- PHONE 65 TREVOR AND MORRIS INC. “Oldest Continuous Ford Dealers in the World” Watch The Fords Go By Kraft Miracle Whip Salad Dressing and Mayonnaise ‘Make Your SALADS Taste Better For Sale By ALL LEADING RETAIL STORES after two years of laboratory research, has produced for the acimal kingdom @ balanced ration. Inspected and passed by De partmest of Agricultere of United States as ft for buwen food. Ask for and dewend— IDEAL DOG FOOD At Any Gresery = PRESENTED BY THESE FIRMS MAY BE DEPENDED UPON Give Them Your Business! SAFEGUARD YOUR FAMILY’S HEALTH! For a low initial cost, and only a few cents a week to keep it going, you can have a DAYTON Water System in your home. Sold on Easy Terms Prices range $47.50, $59.50 and $69.50 PIERCE BROTHERS QUALITY DAIRY PRODUCTS Light and Heavy Cream Pasteurized Milk Butter Milk Chocolate Milk ADAMS DAIRY PHONE 455 INSURANCE Office: 319 Duval Street TELEPHONE NO. 1 PORTER-ALLEN COMPANY IGNACIO COBO IMPORTER and MANUFACTURER of — CLEAR HAVANA CIGARS Retail Eoxes at Wholesale Prices 1107 DUVAL STREET (Opposite Cubsn Club) — FOR — COLUMBIA LAUNDRY SERVICE PHONE 57 CONCRETE BLOCKS CHARLES E. ROBERTS Contractor PLASTERING STUCCO ORNAMENTAL WORK Reasonable Prices Brick Tile Stone Work CONCRETE PRODUCTS COMPANY Rear Wm. Curry’s Sons Co. 524 MARGARET ST. A NEW DEPARTMENT —a— THE ARTMAN PRESS For those who desire BETTER PRINTING — we announce a CREATI PRINTIN SERVICE An expert will be pleased to h. B. DAVIS’ 100 PERG advise with you—and creete CENT PAINTS AND OILS ology printing for your G. C. ROBERTS] General Merchandise —Wholesale and Retail-- Galvanized Roofings Ship Chandlery Carey Cement Roofing VE G —PHONE 51— Oe ART NEEDLE WORK SUPPLIES YARNS SAXONY SHETLAND SPORT YARN GERMANTOWN KNITTING WORSTED KNITTING NEEDLES TALON SLIDE FASTENERS All Lengths—All Colors THE GIFT SHOPPE 534 Fleming Street William and Caroline Sts. JOHN C. PARK 328 SIMONTON 8ST. PLUMBING DURO PUMPS PLUMBING SUPPLIES PHONE 348 ROSES FLORAL PIECES A SPECIALTY CORSAGES, ETC. PLANTS and VINES SOUTH FLORIDA NURSERY —PHONE 597— JOE ALLEN PRITCHARD FUNERAL HOME Digeified, Sympathetic Courtesy LICENSED EMBALMEK Ambulance Service LADY ATTENDANT Phone 548 Never Sleep OPENING SOON —The New— NEW YORK BUSY BEE WATCH FOR THE CITIZEN OFFICE OUR ANNOUNCEMENT : bad ae