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H A LETTER FROM RILL LANTAFF Dear Neighbor: A south Floridian inquired toe other day shout the new high in terest fates oa Government secu rities. Thtonwra, jjtortod UM January, Incurring some deflation and res toriug wtodthe Administration southall; Sab ' * ql 1 © AIR-CONDITIONED FOR YOUR COMFORT jk C Appelrouth's jhoe Lenter 604 Duval Street Dial 2-2532 i SOUTH KOREA'S SYNGMAN RHEE QTAHDDfO IN THE SPOTUGHT of world attention is 0 South Korea's 7S-ye*r-old president, Syngman Rhea, a lift-long advocate of a united, independent Korea. Bom In Seoul, Korea, on April 26,1075, he was educated in the United Slates. These photographs show some of the highlights in Shoe's life. He made a radio broadcast (1) on behalf of free Korea as early as 1932. He married Austrian-born Francesca Bomier (3) two years later. Ge& Douglas MacArthur and be conferred (}) in Tokyo in 194*. Rhee met President-elect Stoenhower (4) during the letter's tour of the front list year. . mmsmßM Foclnroi lyiilM# Here aw tod facts and figures. The rid rate on Government bonds was to per cent Oe May Ist one billion.dollars worth of teyaar bonds wow issued at a 3V4 per coat interest rate. This increaaad interest rate oa this issue stout will poet tot taxpayers $7,300,000 The Public Affairs i*wiou com - jup^f. '. \ v~"Y \ X .*„ ."*k.\* i 'J^r'-.f B . Wtefa \ JL pMUM^&^^apP? 8 ? f mf wL .. £K- V \ \ * \ fe' JsF T JL V ’ |M>p % 1 '■' '' V/', *v pffi% i jja&i jp^^^xx H V & , H| J|| * X - I S- '„ >i '\ ?■; Sjg <. "' -'JjPffi ■ |VI| i /.'.>;.•:•■> . ■ ' ■ *%\f' s •%: J** ' • v ;; -' v ■.'•'■■ . :\ ’^X'V SeaMMlWßMMMMMß———l————WM—S———'W'? mr m dam ■ B plied a table of increased costs to borrowers from interest rate to* creases for toe period Jana*nr I through May li of toto year This fable iadtoatos that the increased annuel coot to too Government of Issue* bal emb those dates alone will be $133,000,000. to other words, the taxpayers wfil have to pay an additional 133 dollars a year oa toe financing which was done up to May I*. Hero to a Con gress which bas reducod Air Force Funds, eliminated our own Flood Control Tends, eliminated funds for airport expanakm, reduced pMif health fond*, In fact has cut everything in toe budge*. If any one of us to Congress proposed adding 133 million dollars to the taxpayer* MU tost Member can be denounced as obstructing economy. This astro cost as* bote saddled on the taxpayers by toe Treasury Department without even consult ing Congress. c Iks Administration's announced intent to to ridft tom of the pub lic debt to these long-term bonds. If it achieved toe same proportion of ton* term bonds as existed to 1830 and 1949, ft would have 70 bil lion dollars to bonds at 314 per cent The added annual cost to the taxpayers wfil be 3335,000,096. What was Em Administration's reason .-for raising Oe interest rotas on Government bonds? A Treasury spokesman said the in creased rate for the new certifi cates was tkt'lowqpt at which the new issue cerid oe sold to toe ex toting market. He said this deter minatioa was nmda after conferr ing with investment bakers and important investors groups. The fact that the tone Was oversub scribed approximately seven times indicates that the interest increase was disproportionate to the needs of toe Government hi obtaining The taxpayer wfll fori the effect of this action locally aa well as nationally. Interest rates on muni cipal bonds have increased as are suh of this high interest policy and toto means you wifi have to pay more local taxes to finance need ed public improvements. AD of toto wells “tight money” and, many observers believe, the threat of a recession or a depres sion. As Burinsn Week comment ed: “We are fori to know the brakes work, hut we don't want to to through the windshield." Steetrriy yours, RILL LANTAFF WRONG-LEGGED CALF FKNTONVILLE. N. Y <l - A I Holstein calf with four hind legs I has been ben at toe farm of Ray mond Nelson. The animal’s front (lags bead backwards, and ft can not stand. New C.O. For K.W.-Based Sub Odax Tin submarine Odax received a new commanding officer in change of command ceremonies aboard, July 9. Lt. Cmdr. Thomas C. Hurst, USN, of Norfolk, Va. succeeded Lt. Cpidr. Thomas H. Williams, USN, of Dem orest, Ga., who has been skipper since June 1951, He win report to New London, Conn, for duty on the Submarine School staff. A graduate of the Naval Acad emy in June 192, Lt. Cmdr. Hurst served on board the destroyer Stil tner for a year before attending the Submarine School in 193. * He completed five submarine war patrols on board the USS Cod in the Southwest Pacific during World War II and remained on board until going tb the submarine Torsi in 1947. , After completing Deep Sea Div ing School, be became command ing officer of the submarine res cue vessel Kittiwake st Norfolk, Va. In 1950, he became head of the Underwater Ordnance Division and Weapons Research Branch of the ffice of Naval Research, Wash ington, D. C. His last duty before reporting here was executive officer of the submarine Medregal, also based here. Lt Cmdr. Hurst is the husband of the former Miss Nancy G. Owen of Washington, D. C. and they pre sently reside at 1623 Laird St, Key West. Killed In Mishap MUNSAN UP!—One Americas sol dier was killed and five were in jured today when a huge. 19-wheel tank transporter crashed off a steep grade and burned on the Seoul-Munsan highway. Names of the dead and injured were withheld pending notifica tion of relatives. Five men riding in the canvas covered cab of the vehicle escaped with moor injuries. Activity Noted TOKYO Ifv—increased activity has been noted recently among Soviet merchant marine vessels in the Tsugaru Channel between Jap an’s northern Honshu end southern The Kyodo newt service said to day passage of an average of 10 Soviet ships a month has been recorded on radar screens of light houses in the area. 34 Supervisors At Air Station Receive Awards Thirty-four civilian supervisors who have completed the prescribed supervisory training course were presented Navy Certificate! of Completion in ceremonies held re cently at the Naval Air Station. The presentation was made by Commander James W. Lenney, commanding officer, who thanked the participants for their efforts in making the training program a success while at the same time carrying out their regular jobe un der an increased work load. The training program consists of 36 hours of training including films and lectures on proper supervisory methods. Receiving the awards wore: Elis abeth little, Ida Clawson, Mildred Cornell, Ruth Lowe, Gloria Rivas, Maude Reynolds, Alice Robinson, Mary Sinclair, Queene Dodd, How ard McDonald, Chari** Curry, Anne Garrison, James Porter, and Wil liam Darby. Preston Elliott, Ellsworth John son, Manuel Cabrera, Jr., Arthur Cade, Jr., Thurman Sands, Jr., Charles Baker, Thomas Clark, Max Foster, Maurice Gates, James Hendrix, Jack Hyman, Sinton John son, Eugene Rosa in, Mervin Thompson, Bernard Zurbort, James Cooper, John Delaney, May nard Lowe, Archie Potter, and John Rivas. Public Utilities Officer Reports Ensign Arnold W. Harrington, CSC. USNR, recently reported to Key West for duty with the Public Works Department of the Naval Station as Public Utilities Officer. Key West is the first duty sta tion for Ensign Harrington since receiving his commission through the Naval Reserve- Officers Train ing Corps earlier this year. A graduate of Seminole High School. Sanford, Fla., in IM9, En sign Harrington completed his ed ucation at Georgia Institute of Technology last month. He was graduated with a Bachelor of Sci ence Degree in Electrical Engineer iug. Ensign Harrington underwent On the job training as an assembly electrician at Turner Electrical Works, Jacksonville, Fla., while at tending college. He is the nephew of Mr. Warren A. Patrick, Lock Arbor, Sanford, Fla. Mexico’s easternmost point is slightly east of Page 10 THE KEY WEST CtT£JN HAL BOYLE SAYS NEW YORK Boases are people. la a single generation tbs boss in America has changed from ju* an other fourietter word to a human bring, from a cartoon of avfl power to o person who can ha dealt with. la Russia, which promises the working man the moon but still employs slave labor, there is a vast gulf between the peasant and toe bureaucrat In America and other parts of toe free world, which tong ago abandoned slavery as unprofitable and to the tong run unworkable, the working man has reached a new peak to human dignity. A rising standard of living—and such gadgets as the income tax, perhaps—have reduced the differ ence between toe host and the hired hand. The creature comforts of our civilisation, can, homes, better food, television sets, are more and more within the reach The* old hate-gap between em ployer and employe, between cap ital and labor, has narrowed, too. The guy who works for s wage and toe guy who supervises or owns the business are coming to understand that both are in the same boat, and if either rocks it too hard both may drown. This truth seems, to a century that to terms of war has been the most murderous to history, the best por tent for survival of a way of life that has prospered more people than any system tones toe story of man began. The plain fact is that capitalism has shown itself more responsive to change, more willing to correct its own-abuses, than communism. It has given more people more hope, more freedom, more bread, more opportunity, more dignity, more h i ppißfif This recognition of the teamshlp between boss and hired man has made to* role of boss more diffi cult An old song says, “A Good Man Is Hard To Find." But industry is finding today that s good boss is even harder to find—and bold. The old style boss, who often ruled his underlings by the whip lash of fear, is gradually joining the dinosaur. The new type boss leads mm rather than drives them. His greatest weapon to getting his job done is not his authority—it is his depth of understanding. He mult know how to get along with people. He is less of an autocrat andi more of an artist to human rela tions. He knows that s symphony orchestra conductor cannot make a tuba player Mow a sound like a violin by beating him over the head with a baton. The baton is s symbol, not a club. It draws from each musician the right note st the right time—and the result is har monious achievement. The task of the boss, to office or factory, is ttie same as that of an orchestra conductor—to get from each man the best that is to him. A boss today sometimes isn’t sure whether he is a father, a po licemen, s football coach, or s psychiatrist There are days when he must be all of them. And some days, when nothing seems to go SALE on TROUSERS HART SCHAFFNER & HARZ TROUSEBS GABARDINE and FRENCH CORD Formerly Priced Up to $25.00 SO Deduced to • I K ALL-VOOL GABARDIRE TROUSERS Formerly Priced $16.50 to $17.95 9S Reduced to . . • . FLORSHEIM SHOES Discontinued Stylet Reduced T 0... $14.80 - $16.40 !V | > _ ~ r ■ . ’■> ' ‘ \V-. • - WOT For The Brand* You Know LEWINSKY'S - - 526 DUVAL STREET DIAL 24931 Air Conditioned For Your Comfort Friday H. I9SI right he fatos toss like a bow than he does ai prisoner. And, to count, that is what ha also to-a prisoner to respeusflxßfty. to era toe affecttaTriMtheir* JS? ptoyos rarely da. Bat a boas who fairly and squarely -* belp but gain their admiration and respect qualities which to time turn to fondness. Wby an good bosses scarce and CLEARANCE SALE DRASTIC REDUCTIONS ex out coMn.iT, met or Men's, Women's and Children's WEAR and SHOES Mil it LADIBS' CRIPS and SATIN EIGHT GOWNS Values to $7.fS-AU Sixes bMkM Latin' Xyloi PAJAMAS Vetoes to 97.95-StaM 32 to Reduced io $3.88 Children's Dresses and Bathing Suits GREATLY REDUCED Ladies' Fortune! sahhiijc VALUIS TO MM Reduced te $5.90 CHINILLI . COTTON mi RAYON MiiAAHAHin m mmmm BEDSPREADS Reduced to $5.00 Infants' and Toddlers' Dresses and Slips K-PRICE IIFM'S PANTO XwJCiXi a • jui aw Bxtra Fine Quality—Valves te SO.9S JUI arise Pair CHAS. ARONOVITZ “ST { KEY WESTS LAtOIST STORE to Ugh demand? Ask toe mrafti employe ifjtcjeafiy wants to be “My wife kind of want* me to, but 1 don’t’ he will say, M bonaat “Tee many worries. No ton. You gotta pleas* too many people." That to perhaps toe bast tribute Most C peopl y who week for him no longer envy him baranaa they wouldn’t taka his toeullio for Mi salary. Using specially belt iqriprawd, scientists at Martoeland have Urn toned to and recorded the many different noises by which porpotoad apparently communicate with each