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2 Saturday, August 5, 1961 SENTINEL ■IHHK2? - •• ' /■ r.::;:: Bfekaiffe ■' i St I '?ii\ E 1 - .Wjdsm : JL a mm pr .^1 p; ip I iMM^ §■>■;- ■ r ; ’3l. %>BP I -. T MB ■ ■■ ",' i j *§§ * -% .•gwa % l H>‘Js ;> V < w Jh p*g ’♦ v -, • JM§ii' v „ ,*'. j, *w>> jy j|lgl| : J . ■■ A KISS FOB SlS—Philip Watkins, Jr., kisses his sister, Phyllis' 17, who was crowned "Farm Queen" at the Farm Bureau picnic at the Agricultural Center in Gaithersburg last Cold War Crises Still A-Building By Pierre J. Hush United Nations, NY., Aug. 5 The East-West cold war is run ning into its customary sum mer cycle, with one internation al crisis alter another whooping up the fears and anxieties of peoples around the world. Many at UN and elsewhere ask: . Where will Khrushchev strike next? Is Berlin a decoy for some spectacular new Communist thrust in an entirely different area? Who will be the next Com munist victim? All these crisis-minded ques tions are part and parcel of the diplomatic and nerve war car ried on by Khrushchev against msim*. m |L*feV •L A- . L £ iHHm 4k ,% %- [ j|V W* - V B *%7- '■ &s&'* ■■ ‘ i s '’‘'-ill*,, „w*. t •, :. WMBRBL -% H . s i, ,- e*. ’* ' *' ’ fe/K.4BT ■ Hb \tW i - ■ ■Kg|g ud B Hi * *2 ' , IHI . V na>r*£. ■r sßk / N • JUHk v r JmKSp -■'(-■ iJl'i iiff ' ' ■WBWs#' ; Ww i ’' -yj■ '%' ’’ ■ '*•'■* '";•>&■. ’**“ >*. f 's!&"' * :$ ■♦. i- I -BBt ' v r% P*- -:- r ’ W■ • *jr*\ ’ ■' BBHhhBBBBBhB ' '9S&-- V , 3L, K* * Jr* f \ <*. N3R,. >• iy * 0' . -,v \-f',' * Kfc" /< * itFMm \ " s. la* v Jr j . . -■ / p 8 'Htf JpT xjBBB j- <* i *v ir ' dd - Bf * * * ' ON OLNEY BILL Starred In "Ceclle,” or “School for Fath ers, which makes up half of the Olney Theater’s current double comedy bill are Susan Patz (left) and Lyn Cameron, who will portray Cecils and Araminthe, respectively, in the weekend. Phyllis will represent Montgom ery County at the State Fair at Timonium. —Photo by Ed Mervis the free world in an effort to wear down the resistance of its peoples to his plans for advan cing the penetration and influ ence of communism every where, in line with the promises and boasts he has made that our grandchildren will live under the Red flag. Although less in the public eye, he is at the same time pushing his economic warfare against the free world and the United States in particular with the same drive and noise with which he wages the diplomatic and nerve campaign. Here his aim is to undermine American and allied economy and influ ence abroad by helping needy nations to build up their Indus tries and standards of living. Khrushchev does this by rival ling with billions of rubles the foreign aid investments extend ed to the needy nations by the United States. The point is that where American dollars and technicians concentrate without fanfare on systematic develop ment projects to pull under de veloped countries up by the bootstraps, Khrushchev careful ly plots out the minimum aid he can give the same country and then trumpets this help to the four comers of the earth. He accompanies this aid with loud assurances that no strings are attached' leaving the subtle Implication that anyone who ac cepts American aid is selling Jean Anouilh play in the style of Moliere. Also on the bill which opened Tuesday for a two-week run is Christopher Fry's witty and satiric “A Phoenix Too Frequent.” Driver Classes Offered Teachers at University The Safety Education Center of the University of Maryland is currently conducting a program in driver education for second ary school teachers. Since the passing of the Driv er Education Bill early this year by the State Legislature (State financing of driver education in public high schools) there has been an increasing demand for driver education teachers by those secondary schools intend ing to begin a driver education curriculum in the coming acar White House Is Better Organized These Days Backstairs at the White House: Despite a mushrooming of crises and lesser problems during President Kennedy's first half-year in office, the Chief Executive's routine has become less hectic and better organized recently. This, his aides explain, is the result of Kennedy's having got ten out of the way the many minor matters to which a new President must give attention in his initial months of service. “The President is as busy as ever,” one assistant points out, “but he can focus his efforts his soul to the Yankee devil. Let us take one example: who hasn’t heard that Russia built India's huge Bhilai steel plant of an annual production capacity of 2.5 million tons? The Soviet money stake was $275 million. Who has heard that the U. S. has poured more than $1,000,- 000,000 into India and saved mil lions from starvation by supply ing huge cargoes of wheat? In the UN, where a variety of aid programs and technical assistance are in operation, fi nanced by Joint contribution of the majority of the 99 mem bers, Soviet cooperation is pro nouncedly absent. In this field, the Soviet delegates are loud in their criticism of UN assistance to underdeveloped nations and frequently brand its many proj ects the tool of American capitalism. An obvious reason for this lack of cooperation by Russia and its cohorts is that UN car ries on technical and other as sistance to needy nations with out propaganda or the shouting of praise for individual con tributors. Also, there are no strings attached. demic year. The university’s program, which is attempting to answer this demand, includes courses which deal with traffic prob lems, motor vehicle laws and regulations, psychology in traf fic safety, insurance and liabil ity, and other phases of driver education. It is intended that through the instruction received at the university, the teachers may be more effective In improving the attitudes of younger drivers. now on the big items Instead of having to excuse himself for handshakes with Scoutmasters, or similar ceremonial occa sions.” As a matter of course, lead ers of political, civic, veterans’ and other groups descend upon a new President to have their pictures taken with him and get it on record that they have taken their causes to the White House. Some of them return year after year—but in 1961, at least, the bulk of them have been worked into the early part of the year. So Kennedy’s daily schedules are less crowded now as a gen eral matter than they were some months back. To some ex tent this provides free time but presidential aides insist that the major result has been to give the President more oppor tunity to devote himself to the more pressing problems he faces. Another help along that line is the progress Congress has made on Kennedy's legislative program. With many measures already approved, Kennedy can center his activities on the rela tive few that remain. Not that these are minor and easy to cope with. For example, the pending legislative items in clude foreign aid, aid to educa tion, and health care for the aged—each of which was a key part of Kennedy’s campaign platform and which he is vital ly anxious to have Congress approve. Two Students To Fill Pulpit At Twinbrook Two student speakers will fill the pulpit of Twinbrook Baptist Church for the next two Sun days, during the vacation of John W. Laney, the church’s minister. Speaking at the 11 a.m. wor ship service tomorrow will be Kenneth S. Fiery. A June grad uate of the University of Mary land, Mr. Fiery will enter And over Newton Theological School this fall. He is a member of First Baptist Church of Hyatts ville. Larry Rice, ministerial stu dent at the University of Mary land, is to speak at the morning service Sunday, August 20. Mr. Rice, president of the District of Columbia Baptist Student Un. ion, is a member of Kendall Baptist Church. Twinbrook Baptist Church is situated at 1001 Twinbrook pkwy. Coal Chute NEW YORK (UPl)—British housewives soon will be able to bu> their coal from vending machines. The British Information Serv ice said the machines, which will go into operation in city centers In Edinburgh, will dis- [ • PROBLEM! ; \ * LOOKING FOR A TEMPORARY HOME I AWAY FROM HOME • ANSWER! Rockville Plaza j Motor Hotel I 254 NO. WASHINGTON ST., ROCKVILLE, MD. 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LIMITED NUMBER AVAILABLE , AT SPECIAL WEEKLY RATES Phone GA. 4-7900 ■*■ ■ - < M _jßfßk v|k \ JmWmk . mi J Bl WL HrKflMk raHHn TV^MMBMk^y BUlygikfe ■ wßk Vipf V- Kv GETTING ON THE BALL— Sam Marshall of the Winchester Polo Club and Frank Will son of the Potomac Black Polo Squad start a tight turn to get on the ball in the Sherman Memorial Trophy play at the Po Financial Gossip By JEBBIE BOGUE UPI Financial Editor NEW YORK (UPI) Whip stock market activity rises again and earnings reports for the 1961 second quarter come to light, an investment firm partner said today that indus try’s abil|ty to increase profits may decide “the staying power of this recovery.” Edmond duPont, senior part ner in the Francis I. duPont and Company, analyzed some of the factors which may show in a study of profit margins— which, he said, determine many business decisions. Poor Measuring Stick "In all likelihood,” he wrote in a company publication, “earnings now being reported for I%l’s second quarter will prove unsuitable as a yardstick for profit margins because most companies are still substantially below the most desirable oper ating rate. But certainly late 1961 or early 1962 will provide the test.” Reduced to simplest terms, a profit margin is what a com pany makes on what it sells. DuPont noted that after the 1954 and 1958 recessions, over all profits rose “very sharply.” Comparing after-tax earnings of manufacturing corporations, as reported by the Federal Trade Commission and the Securities and Exchange Commission, he found profits rose by 60 per cent between the low quarter of 1954—the first quarter to the high of 1955—the fourth gorge 21 pound bags of house hold coal for half-a-crown (35 cents), a coin roughly the size of a 50-cent piece. They will also make change. , tomac Polo Arena. This is a sample of the action that polo fans will see on the field at Travilah and Glen rds. Sunday night as the quarter finals of the tournament are played out —Photo by Ed Mervis quarter; they rose by almost 100 per cent from 1958’s low i quarter, the first, to the high i of 1959. Sales Volume Important Profit margin improvement 1 is not the entire story of earn ’ ings gains, he cautioned; larger | sales volumes send the earnings rising also in a recovery. But recessions “have the useful function of sharpening cost consciousness, of prodding man agement to work toward lower ing break-even points,” he said. He cited these factors that might work against a rapid rise in profit margins: • Rises in state and local taxes. • Rises in labor costs. • Import competition holding back sales and making price rises more difficult. • The existence of idle ca pacity which “brings the cost price squeeze to bear as it has not in any other postwar re covery.” SUBURBAN MARYLAND SAVINGS OFFERS YOU ANNUAL DIVIDEND compounded quarterly plus ... INSURED INVESTMENTS It is the policy of Suburban Maryland to insure all new investments thus assuring you of continuing higher dividends. subolb an M A R Y| A N D S A VVIfN G S & LOAN A|;s|S N. , INC. SUITIAND 1 WHEATON SHOPPING CENTER 1 11252 Geerqie Avenu. 4454 Suitland Road \J‘ Woshiqton 23. D. C. Wheaton. Md. Rldwood S-7500 LOckwood 5.1074 • • • Have you, \ : or has someone : j you know, i • just moved to a j i new home? : • • • # I Your Welcome Wagon J J Hostess will call with • • gifts and friendly • . greetings from the com- J J munity. • : EX. 3-7556 : • #