The Key West Citizen Newspaper, January 9, 1950, Page 2

: : : £ rit / ‘The incredible development of the oil - | nidtistry is well known. The first well was Prt of Ne vi nd ts of local” or ublish anonymous | of si Dear Readers: “Bobo” Rockefeller was not so fool, ich when she married a_ millionaire grandson of the late John D. Rockefeller, “Bobo” in Spanish means a fool.’ Now they are being divorced, She was born of podr parefts in a small mining town of Pennaylvania and was nameq dievute Paulekiute, Another Cinderella ance THE ORA he yee NONSENSE: The December isque of Fortune featur- es « lengthy article on the government’s entitrest suitragainst the largest American chain stare system, the Great Atlantic & Pacifi Company, written’ hy” M.A. Adelman, assistant professor of economics at M.&T. Mr. Adelman discusses in detail varioug legal and economic ramifications of the Qction. Near the end; he says: “Eco- nomic Bife is a little more complicater than it seemp, and. .. .one needs to look at the whole picture. Various studies have. done »e and the verdict has been unanimous. Of all trades, food retailing is the most diffi- eult to Jmagine as ever approaching mono- poly. Ittis simply teo easy and too cheap to enter. The independent retailers, whole- sealers, Bnd food brokers have been forced by chafi-store competition to improve their m@thods in order to survive, but sur- vive they have. There is no sign of their disappearance.” Were is another remarkable phase of the A & P case which deserves mention. We havewalways thought of monopoligg:as combinaGhas in. restraint of trade ) goa! was'te gain a corner on something in demand and sell it at the highest possible price to bei consumers. But A & P’s crime, ac ing to the government, is that it has usdil its buying power and its other assets to Hell goods cheaper, Yet that is what anyfgood merchant, in any line of re- tailing, tes to do. It is an inevitable pro- duct of @Mpetition. And it is one of the eR reasons fi wr high living standards. In af® event, the government has en- tered a @al morass whiéh. just doesn’t make sen§@ to the practical lay mind. Every af other enterprise are human brains. drilled only ‘90 years ago—today we have 435,000 wells producing about 5,900,000 barrels of petroleum a day. ‘We think of oil in terms of wells and refineries and: machines. But, asian article in Thehamp, ‘a publication of Standard Qil he ‘gn investment of more than-$20,- 000,000,000 and jobs for nearly 2,000,000 people. They helped create at least 500,- 000 little businesses. Their activities creat- ed an income from leases and royalties of more than $750,000,000 a year for farm- ers, éducational institutions, landholders ‘} and state governments. Their activities al- “so resull in annual revenue to Federal, local governments of more than - ines are important—but the human factor is infinitely more so. Oil’s contrition to thenation was. made poss- ible because men had vision: were will- ng to take long chances for the rewards cess. Back of ‘every step, taken state, $2,000,¢ by his or\ any man hands and human ambition. Progress and achievement come from the individual. The whole history of this nation from the earliest times is an avowal of that fact. The worse kind of fog to endure is te encounter a talkative brother in a, men- tal fog. ‘ ———____-—— The wonder of people is why so many of us try to make other,people just like us in their thinking. pigs eee AN ORIGINAL IDEA « it has been:@ pretty expensive adven- ture for the Uaas eiaies to insist on bringing the W ‘back to its senses, particularly by outlawing war. Of course we have advanced the cause of peace in most parts of the World—and at tremen- dous cost. This friter suggests that we rule our own United States as it should be ruled, and let other Nations look after their oWti affairs. ¢ People who lived through the _ first World War wil perhaps remember that the United States was very unreasonable and stupid in refusing to back Woodrow Wilson and the League of Nations. It would be a good idea to back up our American Nation and Democracy and let the rest of the World look after their own backyards, No one doubts but what Russia is carrying on a bluffing, hypocritical game to steal a lot of World trade while at the same time it continues to keep its own “half-baked” population in line to back their bluff of another war. Folks, why not look after our own affairs, inasmuch as we are in deep trouble, and let the savage Nations of the World fight out their own quarrels? Let them “kill off their Communists, with their atom bombs if they haye any to spare. H you want to live a long time, main- tain the will to live—it’s better than med- icine. The trouble with human beings is not that they lack horse sense but that they lack human intelligence. REAPING WITHOUT SOWING The government is one of the biggest customer Jit A & P, or any other retailer; }-gainers from industrial profits, choice of many other stores which would like to have his trade. No store can “command” trade—it earns it in competi- tien avdt deesn't get it: To talk about a monopoly in any branch of retailing is the eheerest Ronsense. AS BAD AS IT LOOKS The American economic situation is very bad; Despite the outrageous strikes brought qn by labor bosses, our great manufactering industries have defeated many of them, Alb these strikes could have been stopped if the Taft-Hartley laws were enforced, .BRCAUSE that act is ‘fair to workers dud abiployers. Theréig one sure way for young peo- ple to get’ ahead in life: Work and save. U.S. News & World Report has sur- veyed 30 large corporations whose 1949 profits before taxes totaled about $4,730,- 400,000. The Federal goverment will tax these businesses $1,743,100,000. Then it will tax the owners of . the corporations $309,100,000 on the dividends they re- ceive. Thus government's take will be well over $2,000,000,000—43 per cent of all the dollar-earnings. This does not take into account pay- roll taxes,-excise taxes, or state and local taxes which will also cut into the corpora- tions’ profits. In other words, government is a major partner when it comes to dividing up the revenues’ earned by business. Should we destroy "profits, ‘we would destroy our government's financial lifeblood | along with them. with a | Some failéd, some. succeeded,’ The e Veterans hue ‘Corner make it a lot worse for her, un- less we find her right away.” + There was ene a that, and the others cor it. Zac! noted with gr: most of the others were now. to V: i for leader York, 56 years ago. 7 Lieut. Gen. Lucian K. Truscott, QUESTIONS AND ANSWERS Jr., wartime commander in Italy, OF INTEREST TO VETERANS | born in Chatfield, Texas, 55 years If I default on a GI loan, will | 98° I owe the Government anything?|_ Bishop Ivan Lee Holt af St. Will my pension be cut off if I] Louis, Methodist leader, born in receive a small legacy? May I fin-| De Witt, Ark. 64 years ago. ish high school under t he GI}. Chic Young, cartoonist, creator Bill, then take job printing? of “Blondie,” born in Chicago, 49 Those questions are asked by. Years ago. many former servicemen. Here| Byrd E .Henderson, president are authorative answers from the| of the Household Finance Corp., Veterans Administration: i Chicago, born in Louisville, Ky., Q. I am eligible for three yearsfbt Years ago. \ of training under the GI Bill. May; Dr. Mollie Ray Carroll of the T use 9 months of my entitelment' Social Security Administration, ' to complete my high school course {labor economist, born in Des and the remaining 27 months for; Moines, Iowa. | one the job training? Walter J. Donnelly, ‘Ambassa- | A. You may complete your high| dor to Venezuela, born in New school course with your entitle-} Haven, Cann.. 53 years ago. é ment, but it will be necessary ta.| Gracie Fields, English actress- you to obtain a supplemental cer- | singer, born 52 years ago. tificate of eligibilty following completion. of your high schecs so that-you may present it to the *SANTA BARBARA, Calif— institution in which you are to receive job training. (®?).—Recent tests shaw, how much @. I intend to apply for a GI Americans of Mexican ancestyy|@Star in “Mr. Tower of London,” loan to go into business. If my, prefer to. go on speaking, Spanish,| Which ran for 7 years. More re- business venture fails and I have The tests were made with sol-’ not paid off the entire loan, will diers of the Ninth Service Com-| I te sppected to pay the balance?) mand who could not read English. | Yy uaa H. . If the government has to pay, Many could not speak it, but were| i the lender any part of the guar- eee m cele stay in the our 4 orascape anteed portign oF ahs loan you Army. D: wil e obligated to the Govern- Ali spoke Spanish, reports Dr. i lies atelee ment for the payment. William D Altus, psychologist Hi We shagdar aes ee ee ried World Santa Barbara College ot eet et ca tankions A Hie ive non- University of California. jome |). nodifies this into self- ae panes i pension. This could read Spanish although they | atte whieh, with the origin- from an insurance policy which Nine per cent of those who had I intend to deposit in the bank. never been out of this country; Will this jeopardize my pension were fully literate in Spanish, and from VA? 39 percent were partly so al- Asuming the policy is other though completely illiterate in than U. S. Government Life In- English ard unable to speak it. surance Policy the receipt by you This seemed to be true regardless = of 00 will cause your income of how many generations their Your Grocer SELLS That Goad to exceed the limitations’ set by ancestors had lived on American} , ay ce that you will not be en-! soil, reports Dr. Altus. | STAR BRAND titled to pension for a year. The} Fae y eS AN Y oir on wel AMERICAN, COREE law provides that a veterans’ in-| ‘The Whitney Res ; nd . CUBAN come cannot exceed the amount Brazos River in Texas qwill, flaod4 of $1,000 annually if single and more than 60 old ‘taelany apERY. A POUND TODAY! played out. =would nat Pearty plain enough, ant have worked out so. He remaine: working wi TODAY'S BIRTHDAY By AP Newsfeatures 1898, at Rochdale, Langashire. This British comedienne start singing when 7. At 14 she. was SPANISH VS. ENGLISH $1,000,000 a year. MONDAY, JANUARY 9, 1950 is an under- ic and sensu- lat improves In many cases the: current of an arti yous temperament the mind. $2,500 if with dependents. and tion sites. still receive” a pension: ggpreresse = Proceeds of insurance from other t! a government insur- ance policy is ifcome within the meaning of the law. j Overseas Transportation Company, Ine. ROBERTS OFFICE SUPPLIES and EQUIPMENT } 126 DUVAL ST. PHONE 250 Fast, Dependable Freight and Express Service See Our Display Of | ~——hetween—— ee Our Display | i VALENTINES | MIAMI and KEY WEST Royal Standard and Portable | Also Serving ALL POINTS ON FLORIDA KEYS Typewriters Vidor and Allen Wales Adding Machines f Between Miami and Key West | We Rent Typewriters | | EXPRESS SCHEDULE (No Stops En Route) LEAVES KEY WEST D. (Ex- CEPT SUNDAYS) at 6:01 Ar- rives at Miami at 12:00 o'clock Mid- and Adding Machines STRAND........: night. a te etic RRaieaer, ¢ LY XCEPT pega ce ee ee arrives a’ est a BRIDE FOR SALE §:00 o'clock A. M. . aK Et MAX BAER New Comedy Entry (Stops At All Intermediate Points) LEAVES KEY WEST DAILY (EX- Coming: THE FAN | CEPT SUNDAYS) at 8:00 o’clock *Gieicbeice "eaceene” sieaeea” ae ee o'clock LEAVES M SUNDAYS) at 9:00 o’clock A. M. and arrives at Key West at 5:00 o'clock M. MI DAILY (EXCEPT ~~ Last Times Today Campeon Sin Corona DAVID SILVA. ARMANDA D Hen vaNbo' Sosa FULL CARGO INSURANCE “Coming: KELLY THE "||| MAIN OFFICE and WAREHOUSE: Cor. Eaton & Francis Sts. ||| FREE PICK-UP and DELIVERY SERVICE { | | PHONES: 82 and 93 receive’ $5,000 had never studied it in school. | axty of thought, will enable you! &™ {to stand alone against opposition. | & aE TS TRS with the others long enough to give the impression that he was them in this new crisis, but he was already seeking ' Inc earning $25 a week. She became: | cently she has made as much as} | 1 1 | He was not much worried about Saralee. She had decided that she him, that was | k though it fitted in well enough with his own de- sires at the moment, rage smol- dered deep in him that it should djary. He had news that Lone and fell down Shock - cor riously wou others had ‘to! IT. Ford Hotel ae” “ee Elevator * Solarium dian. And that was bad enough, ‘ALIAN COINS DISAPPEAR ROME.—().—Italian coins are they are made inte bultess = © once again being minted, but few | of them have yet ay | culation. Rumored reason—which peared in cir- | treasury officials refused to con- ; firm or deny: They are being! feel of hard money GRACIE FIELDS, born Jan. 3 HOTELS IN ==" ecated in the Heart of the Git ABLE ROOMS for RES! with BATH and TELEPHONE Pershing _— Miller RATES REASON. 3 BLOCKS FROM UNION BUS STATION MORE WORK IS DONE TIME IG SAVED WORKERS ARE HAPPIER ++ WHEN YOU USE THE UNDERWOOD SUNDSTRAND ADDING» FIGURING There's A Model Ideal! Suited To Your Business AS FOR A DEMONGTRATON TUM ALLEN’S - 518 Duval Street eo"... . Biew - of our father’ fm ihe dawn. our fathe: 3 todas i tee ny | smuggled into Switeertand, where Another reason — people at just hanging on to them>-trying once again to get the old, famitier Hotel 228 WE. ist Ave 80 Roots Elevator aS a MACHINE $120 AND UP oetivent Phone 73