The producers news. [volume], May 23, 1930, Image 1

About The producers news. [volume] (Plentywood, Mont.) 1918-1937

Image provided by: Montana Historical Society; Helena, MT

                
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HISTORICAL
Of
library
HELENA
V
THE PRODUCERS
im
THE PRODUCERS
NEWS GOES INTO
EVERY HOME IN
SHERIDAN COUNTY
OF
tfMBEB
pi.*iP resS
ted ?<***
Asm.
A PAPER OF THE PEOPLE. FOR THE PEOPLE. BY THE PEOPLE
FLENTYWOOD, MONTANA, FRIDAY, MAY 23, 1930
^Weekly
xuTn»- 8
Siik Rat#*«»- Fo ™ 1 8u, Mfl per rear
3UD. rvaiCS. ( 0 g |j op pçj. yeMT
Entered as Second Class Matter October 11, 191S, at tbs Foe«
■office at flentywood. Montana. Under the Act of March t. i»*'
k We See It
O'Flaherty
Tom
nr
n f the week f0>:r
W Washington lob
* Vision of the feder
** -iion to grant a 5 ti
the Hocky Moun
alias the
alias
u i
Jijm
to
[ic ise
Company.
po*er
pn*er company,
it» *° Upnd and Share c*»m
\naconda Copper
' {.or the erection
site at Flat
_ damsite more
a " reduction in
a. bUv« of the 0»p
•ZZ* " wh f h !L^
I *"!, k»W « VCT 10
L '*' concern.
m
^ I am a
«v©
capitalist
» » ! ! .
and be that os it
of the federal pmv
ghms that power
coded body on the
and the
I
Imp*
m
*e in
The Ryan® .
Ire' supnosed to.be demo
* w * 8 vLi politics. But
**Cw «TüJ theï
»(raw whether a
a Republican is
purchase a
Demo
it in
ke the
t *i re *
WCWt M
^ Money can
Uw-iu If wf!! " 3
Great American Voter
t fiL American Dollar.
m ! ! ! ! 1 ■ 1
^ ilw publicans are con
because Senator
rv jjàj that Hoover's plan
Montana is in the na
Lj, barnstorm in 2 trip. Well
CVä' whec,er ,ost
"«DDiarv political pernsica
* What he should do, if he
[ got wish the president any
_ his rote-catching stunt,
' hribf some Republican with
-fhant for committing blun
LfcfTsay Joe Dixon—to in
, Hoover to make a speech
|(tu prosperity inside of 48
n. Such a statement from
president would undoubtedly
io« the inevitable crash on
SStreet and maybe hammer
n the price of copper Re
t A Democratic landslide In
l in
Id.
! I I I 1 1 1
Dixcn has been credited
lot of political wisdom. He
itrated acumen when he
inslv fought the Anaconda.
I bf did not fight the octopus
IÉ enough when he ran against
Wer, so he lost. However,
M a berth as assistant secre
I ol the interior and helped
It the Flathead site to the An
Wt subsidiary. Whether the
nigton atmosphere went to
nut or whatever went wrong
IrN an awful boner when
frote a letter to the president
■H the nomination of Ju*Jge
net oi North Carolina to the
print court, Jae opined that
k wnination would go thru
■ tkt Carolina w hich went
h with Hoo\er might be kept
I * ^ 1 ^ 1*1 i
Ills advice tasted like a dose
h* to southern senators who
W a Republican only a lit
t i
than a wet Homan Catho- |
Having disposed of AI Smith 1
thf la-t presidential election, 1
Ifeove the papal menace
h* lair the southern solons are
tar forward to the possibility
tatting a Democratic president
r je»s from now, Tho they
I wt hold his anti-Negno atti- !
k «BJist Parker and Did not !
irticulaHy care whether he is- 1
W? Z*SärJSz
^■ for the monthly stipend and
, glory that pops with
ÄÄÄ'lW
a wtm, t
S?*äSS
V*"« Murry woulM det-l-.re his'
•* *°r public f avftr
,ilf Pin head and ten a iil nn "il.i
Mrt of fad?d from tin metur.
5 sheriff i s .
J»i»ed as a dud He JL*!
in calling ti,« «,?.
wwbov w ho«ne?Tr < £
ÈÏÏ Ztr-V"'.."
V , ° h ! s Driy ate lifo come next
J hlch decision dots bim
2 CT «lit. It u mider«!Li^
i-Jî
tk*; h d dlsks more ml
tu , I ' 0W receives. He n„
^ ,s fhapeau" to the rnnntv
^th. e
L f to behold with awe
**' Oiuinb' kl* a *b' r >m in Mad
wer cer tain agreee
Sta ,h "
i Sa , " " 0? d is a word,
l bi ch* î emoc y at a "d wouN
S* by tu s \ hat is held
be rm. C " a,ns bonof.
H on °! n °* se® mg
S' ^ dre« inif 11 • If Madsen
»aid. V,Sa versa ' as
°»t«r Colli,,« . .
,c °mW<j n as d in hi 8 m
n ^ Paw)
back I
'i
Mtitabor injunctions or not
did not relish the idea of j
'bii North Carolina safe for
D. P. They hopTicd onto
like a bunch of angry
(Continued on rage Five)
mu! iff* ■
ljUirrel ■ OOCfi
i
'
i«' ! ,
'•»i
—by-1
1 A. NUT .
m
Bi.
ead to Anaconda
cover
■i\\
X
X
X
X
X
X
Politicians File for County and State Tickets
on G. O. P. Slate
*
Sheriff Madsen Again In Field
With Max Hueth as Opponent
Only Republicans Have Filed So Far, But It Is Reported
That Several Democrats Will Have Their Hats in the
Ring. Niels Madsen Wants His Old Job As Clerk and
Recorder and Lars Angvick Would Like to Go to the
Senate. Alfred Jensen Is Out for Ole Aspelund's Job.
Grant Bakewell Expects to Win Despite the Special
Term Circus But "Red" Erick Thinks Otherwise.
j
They're off!
The race for political office is on. The first to file for
one of the most bitterly contested offices in Sheridan
County are Max Hueth and Hans Madsen for sheriff.
The first to plank the mazuma on Niels Madsen's counter
was Max Hueth, who has been conducting a personal
campaign for weeks while earning his living purchasing
junk. •
h ap pe n .
VTi . xvn i
Robert Wheeler, survey
or> fifed f or re-election and
.... T ,
Alfred Jensen, who is re
puted to be a favorite of
Frank French filed for as
No sooner did Hans Mad
over he hopped and put the
long green over the crack.
Then things began to
hear that Max filed than
sen
is expected that several will do
so in a / ew da yf- There are rum
that several others intend to
j f lle on the Republican ticket.
looks llke a bus > T Poetical year.
sessor. There are reports
that Ole Aspelund does not seek
re-election but who knows?
E. E. Belanski filed for justice
of the peace and Niels Madsen
filed for Clerk and Recorder.
Grant Bakewell, he of the fam
ous special term of court common
ly known as the "Hippodrome*-'
wants another try at it and filed.
Red" Erick has not yet filed but
he will. Erick is not in any hur
the Republican tic
So far no democrat filed but
It
. «
ry.
Lars Angvick filed for State
Senator and Andrew Ueland filed
for representative.
All filed on
ket.
At the golf tournametit held on
the Flentywood golf links, Scobey
tee artists to the number of ten
took the same number of Plenty
wood players by the small margin
n. l. Neiso., o f Great Pa,,., w a
a business caller in Flentywood
the last of this week.
SCOBEY GOLFERS
WIN CLOSE MATCH
of 6 strokes.
The match was an 18-hole af
f a l r an d Scobeys low r 8 players
1 did it in 711 while Flentywood
managed to follow closely with
717.
1 Scobey's low for 10 players was
i DO® while Plenty wood's low for the
same number was 921.
The lowest individual score was
made by Vernos Nelson of Plenty
wood with a score of 79 strokes
j for the 18 holes and L. Hanson
Scobey was second with 83.
The Flentywood golfers are
J not discouraged by their defeat and
be heard singing under their
breath that old song
Meet Again.
can
'Till We
<<
n
third annual county school round "
UP HELD SATURDAY WAS GREAT SUCCESS
,^1"^
Flentywood, Outlook, Medicine
Lake and Homestead Lead In
Order Mentioned. Large Num
her Take In Scholastic and Ath
letic Events
-
ÄvTSdÄä SS
tywood Saturday, May 17th. In
the forenoon, contests in spelling,
read in ir language and arithmetic
bondings
and a free program consisting of
musical dramatic and declamatory
numbers was given in the Farmer
ÄÄra*"»;
i the athletic contests were held at
the Nelson Athletic Field. There
were 176 pv ipils entered the schol
,"" U,tS , " d 166 entC
athletic events. ,
The winners of rural schools
in were as follows:
Central Consolidated, wmc
toi won a total of 69 points, received
the large banner. The Hiawatha
the school at Dagmar, which won 40
points in scholastic events^eeeiv
nd ed the scholastic penant, Tb e , Me ö
harry school which received 81
MRS. C. M. MONSON
* pACCTC ÄWÄV
l/luuliu ilffril
Apo With Husband and Home
steaded West of Flentywood.
Leaves Husband and Two Sons.
...
Mrs. Laura Mon son, well known
pioneer lady, living just west °f
Flentywood, died last Saturday,,
May 17th, at the Sheridan Memor
ial hospital of intestinal flu, being
41 years, 11 months and 20 days
old at the time of her passing.
The deceased had been sick for
several months and about a month
ago was brought to the local nos
pital, where everything possible
pital, where everything possible
j was done to bring her back to
normal health.
Mrs. Munson was born May 27,
1888 at Glenwood, Minn. She
moved to Bottineau,, N. D., when
ten years of age. In 1910, she was
married to C. M. Monson, and
moved to Flentywood, where they
■ took up a homestead, where she
resided until the time of her pass
1 ing. Two children, Alvin age 18,
it. and Lloyd, age 15, were born
this happy union, and they togeth
er with their father are left
mourn the passing of a kind and
loving wife and mother. Besides
the above mentioned she leaves
iJg r Mis te Bet" d Hunskoî°îf € Sndl, 1 1
N D Mrs Ida Burdahl of Eagle
Point,' Wash., Mrs. Rose Norbefg,
LfofpienwoofoÄSk:
Otto° f and° Andrew
this city, and her aged mother, |
Mrs. Inga Hendrickson.
Tho wnc cbioopd tn Rottin
r „, N.
chur'chf Rev. Ec K e saying the last
sad rites. The remains were ac
MZon e and 1> two h soî:fMÎs d Hen"y,
Hpndriikson Andrew Headrick "on
Srcrrt
Mrs. Inga Hendrickson and Mr..
Soph e Durkey to Bottineau, where
another fnreral rervice will be
held and the bod^ la?d to rest S
tv, /„mil« hnrial nlot
the family burial plot.
. , _ ,
Westby American Legion j
D . . U II 17 •
i CSt tO ilOIu exercises
Th.w-ÂKrtf a..Amen.
.
cemetery at 11 A. M.> Decoration
Day. ;
--"■
of
points, the largest number of
points in athletic events by any
rural school, except Central Con
solidated, received the Athletic
pennant.
^Following are the names and to-1
ÄsoW.32',soii-sr
Coohdge, 28; Jefferson, 26, Arch -
e r, 23; Lone Star, 22; Lee, 20; New,
Roosevelt, 17; Coalndge and Nie
kerson l„each; ~
Meharry, 11; Reserve 10; Rose
Valley, Garden Grove and Bale
view, each 9; Rice, 8; Reiten,
"i*^
ea ch; Rocky Springs. 6, H. C. An
ders0 n, Phdps. McKjnley and
Snuggins, 6 each, Gnffin, ng-.
S Wal" Ä
1^€W waiia«« ' v „ « pa-y,.}
j ac kson, Ed f" , rollins Haw
Thomwood, Marsh, Ci 0 s '
thome, Raym
eac },, ,
Th e winners of village ■ n o
were as follows:
p] en tywood which won a total
rrvmtinued on Page Five)
(conun
CHARGE ARSON IN FACTORY
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Woodward, Winter's Pal, Reported to Have Lost
His Job; Waddell Running Glasgow Beer Joint?
i Reports have reached Plenty
wQod th&t Mr. Woodward, Vol
stead snooper located at Soobey,
was relieved of his responsibilities
an( j separated from the govern
i ment payroll following exposure in
the Producers News regarding his
alleged interest in supplying the
Gorham Hotel with alcoholic cheer,
j The Gorham Hotel is a brand
new building and several citizens
new building and several citizens
have considerable money invested
' " ' T " " ^ ' v " "
i in it. Naturally they do not .like
to have the institution held up to
public contempt so it is alleged
that they brought pressure to bear
in responsible quarters with the
result that Woodward lost his job.
It was reported that Wood-,
ward's brother's house was used
as a cache for the liquor seized
from bootleggers and rum runners
and that this liquor found its way
to the Collinson drug''store and
the Gorham Hotel.
There are people in Scobey who
to
to
. .. .. 1~"
V\ T I |\ I IMITC i
11 A 11 I I |M \
1/LiriI/LlllLlJ \
*"T2rT^"i
Hen^lckfonTt,- and
Washington, n. c., May 22 —secre
tary of state stimson announced to- Mr
1118 opposition to Philippine in
"i
Tokio, ww'lM. au
oovery of vast gold deposits in Por
' W ° "• *i
!!!!!!! !*'•<;
Philadelphia May 22 . - Qlfford |
p inC hot, prohibitionist, won over
p ra nk Brown in Pennsylvania pri- E
maries with plurality of 11,919.
I I 1 ! ! I 1 !
Butte, May 22 .—william Button,
S.» st ^ e h Ä Ä
was riding sideways, was overpow
ered and unhorsed. i
! 1 I ! 1 I ! J
Aboard Graf Zeppelin, May 22 —
Hugo BcXner, co mmand er, wirelessed
^
teen per hundrod thousAUd. T]l#|
market couapse given credit for tue
J t U !.. .... ...
of at murdeied 0l iictims ^to defeat sei
entific crUne detection. Reports
'-«»r"
Milwaukee, May 22.—The presence
yt mind of three hundred motorists
death 3 a^ d injury*
The y not iced the names aîd tLt
rocks thrn windows of Sisters' bed
roo ™£' a,rou8lng: sleepers - A11 were
Wa . M ngton, b. c. May tS-O»
r«- SWEATS
1 X ! ! I X !
Washington, b. c.. May 22 —The
senate passed thwe hills anthorlöng
Bocky Boy .
î I ! ! I Î !
Philadelphia, May 22 —Babe Bnth
1 u,uae
.
: WHEAT JUMPS
Special United"^ Diapatch
* Chicago, May 22.—Wheat*
.j* jumped from 2% to 2 7-8 high- *!.
i * er on receipt of unfavorable *
* crop reports from southwest *
> * and Nebraska. Oats climbed *
* fnmi five-eighths to one and *
* one-fourth. *
*****♦.*•
i
expect that Ted Winters will be!
the next to go, i
1 Waddell May Go
Reportg from GlafiR0W to the
e ff ec t that prohibition agent Otto
Waddell is interested in the beer
joint of Dillon and Buck Taylor
down there may mean the tin hat
for Otto in the near future. As
long as the papers keep quiet
about those things those in high
! D 1 acts do not care particularly,
_ _
j places do not care
since 't is understood that ninety
' - ' •
fiv* > r cunt of prohibition agents
are grafters, but once it becomes
known that federal pgents are
1 crooked the authorities must do
something. The Dillon-Buck Tay
lor joint is running wide open with
impunity. They sell beer and
j moonshine and little piggers who
stopped buying the stuff from Dil
1 Ion-Buck Taylor have been infest
ed by stoolpigeons Bent by Wad
dell and have been raided, tho not
i molested as long as they patroniz
: ed that establishment.
1 -----T
Peo P lc
Receive Citizen Papers 1
-
The
received naturalization papers
Wednesday at the court house,
Lentz of Denver sitting as
0
EHzaLih Beatrice Mead.ore of
mo^d'o^Dagmar^Anker 1 Jenscn'nf
A n ton Melle of Outlook,
KÏtrnnâ Melle of Outlook, Jacob
h . of Outlook. Rosa Ereth of,
Cullock. Casimir Anton Mele of
Outlook Frank Melle of Outlook,
; Mpicon Leer of Reserve.
'^.nar nei.on Geer oi xveserv«.
_
WHALEN QUITTING?
rmi| | i | | ||| i I f ' H i i ' I I B IIM I
lÉ#! WÊÊW®
^ ^ , ül
11
Ha 1 |% '
1 ■öf'»
IWpi
M g üW
H v. I
IS \ [ .«Ü
mwit rnm % mÊ I
1$-! mM Jp ***&r~% fpl
\m I m
' Wâ
Iff» lH
*"mantama
^ \ !
' /4 i
|
^ %. 1
è.S-WV ' J J I
I - ■
r*" ''
^1 ***
. V
mSs&*
1
|«ate
^
U
This interesting photo of Police
Commissioner Grover A. Whalen
of New York was taken as
emerged from one of his last con
ferences with Mayor James
Walker
j <mf
■»
BLAST
limn
iiiiiiii
mm in
iiiiiiiii
His factory leveled, Thomas
H. Farrell of Elgin, Illinois,
has been held for arson fol
lowing a blast which wreck
ed his piano plant there. Po
lice said it appeared that 50
gallons of gasoline had been
poured on the floor and a
candle set on the floor in a
pile of papers, calculated to
take fire as soon as the can
dle burned low enough. A
blast of fumes, instead, is
believed to have done the
damage. It is said Farrell
admitted taking out a heavy
insurance policy recently.
niMiiii
lillll
■■mill
imiiiii
There are rumors that Waddell's
head does not sit too firmly on his
shoulders and that he is slated to
g0
Another gentleman who is book
ed for dismissal is Chapin who has
charge of the district around Glen
dive.
There are rumors in Great Falls
that a deputy marshall, who while
delivering warrants acted as
salesman for a certain lawyer
Great Falls may be called on the
carpet. This particular fellow
gave the impression that he had
pull with one of Rankin's assist-1
ants. Of course this was pure
bull" as the deluded ones
out to their cost. If that gentle
loses his job he has only him
'caught "
If he Z ™îœrtïïn lawyTaU wül
be well with him. It is also dan
gerous business for the deputy
LorcWI -
marsnaU -
«
man
»HEAVY RAINFALL j **
^ 11 f 1 Iinilll nfiU =*
D CT A DHQ fDAWTl-*
ofKtl ARÜJ bRÜWIKj,
ty) SOML Stl 1 IDNh **
_ *
„ . „ , .. 01 ttd !
H e"aS''
j stat ® durint ' ftc first tw ?
supplied most agricultural
districts with a needed storage
sup pl y of moisture but. in some
.sections .has tended to retard seed
germination and growth, according s
i f I „ renort issued hv the State de
to a report issued Dy tne Mate ae
j partment of Agriculture based on ig
information received from th«?,
S Pjmcipal agricultural counties of '
-^o ntaila - 1
In general, however, growing,
{conditions were reported to oo ex ' i
cellent. In some sections livestock
well advance; in a few, cattle :
SÄT« ISTÄ5
i AiS«7Ä gïjâ
! WGGds 3 foothold Oil summ€r I
lowed fields has teijed to further
Sfs^ttaïVTnoîea^'thê
Frosts" were few and in those '
localities where they did strike,
tainfall in the early part of the
month which, with cool and cloudy
weather, retarded field operations.
Weeds and wild oats on summer
fallow are injuring the spring ;
wheat crop. Ranges are in excel
lent condition and the lamb per -1
centages have been high.
i - i
rAinjrrK
IlllUlNlAJNA LULLbilb ;
\
CC M 1 A D C V M A 1 M T
StNIUKb t N Ü 1 N C
^ ^
i AAI T CFU P AD TED
LULLlUL v A 1\ b bl\ U
_ \
, |
Bozeman. Mont., May 21 -UP
| ■ One hundred and sixty seniors of
college'are wiadiag
up their college careers this month
energetically preparing for the
-1 final scholastic hurdles that lie
between them and the coveted di
! plomas. V
he Among thetn is Glenn Duncan
Montgomery of Homestead, who
J. I has majored in electrical engi
tneering.
COPPER SUBSIDIARY
GETS 50-YEAR LEASE
Montana Power Company Will Pay $2,845,000 To Flat
head Indians In 20 Years As Rental on Site. Applica
tion Opposed By Walter H. Wheeler, Minneapolis En
Who Asked for Preliminary Permit for Five
gmeer,
Sites.
Washington, May 19.—A lengthy controversy over
the power sites on the Flathead Indian reservation in
Montana climaxed Monday in the granting of a 30-year
license to the Rocky Mountain Power company for the
erection of a dam and power plant at Flathead lake.
"
SHERIDAN COUNTY
POPULATION 9,852
j
The following anouncement of
population for Sheridan county
has been received from Bert P.
Langen of Glasgow, supervisor of
j census in this district:
i The population of Sheridan
county as shown by a preliminary
count of the returns of the fif
; teenth census, taken as of April 1,
1930, is 9,852, as compared with
13,847 on January 1, 1920. The
1930 figures are preliminary and
subject to correction.
The difference in population is
a mostly caused by the formation of
in ! the county of Daniels, which at the '
! 1920 census was a part of Sheri-1
dan county.
a} There were 1,468 farms enumer
a ted in this area at the 1930 cen- 1
l SUiS . j
found-the
L , „ . - M
John Bowles Is Now
A S ent Chrysler Co.
J Mr. John Bowtes formerly ^
j* connected with Kienast Motor
i I company, is now agent forJfce
1 Chrysler Motor Company with
! * headquarters at the Plenty- *
U- T/. tn tho*'
ProdUC t erS ^ €WS elî h âny h Ctoyï * 1
a position to sell any CJmys- ,
!? r C v ar iwÄh* ^ * !
Tl ät IlSTCh
** -unty He is an accommodai •
* îiîwc i^makini/ a friend *
believes in making a f d
out of every customer. T
' * . J.- T * *
Attends Delco Gas School
^ SwaM#n , local Dei c0 .
Light dealer , went to Minot Wed
negday to attend the Delco gas
s hoo l Delco ea« which is a new
j j . T u' f S V
produc t put out by General Motors
ig natural gas condense to a liquid.
jg g0 j d jj arre i and used
fuel in the new Delco electric
generating plant. Mr. Swanson
waR accompan i e( j to Minot by Mr.
Franks the plumber.
-
fAPÎTAUSIVI SICK ABED AND NOT AT
WORK IN U S THIS YEAR OF GRACE 1930
^
By NATHAN FINE. Fed. Press
celebrating May Day as their own
International Labor Day, the
Day and decided—jointly if you
please—to cut the discount rate to
3% in London, Pans and New
York. They are going to pump
oxygen into Mr. Depressed Busi
nessman. They are going to offer
bun capital at very tempting
rates And they ate going soon
tf ÏÂ.Ï
5 ^v d Ä'r 6 " 1 lowinter -
GSt ratGS f ° r that '
We have had low interest rates
in America since the stock market
-ash But that did not bring
back prosperity. If anything, it
Conly promoted an artificial specu
some bankers and brokers to lend
'•«•» <■>^ «*«* market,u
money, and proved that the mdus
trial depression cannot be solved
by a ^ Federal Reserve system,
a ^t "a
iere s races are a re.uu, not
cause.
Annalist Was Right
When the latest of the indus
trial depressions hit this country
in the fall of last year, the Anna
list said that practically every de
vice that had pulled us through
the last three depressions, (1921,
Under the decision of the
federal power commission,
ithe Rocky Mountain Power
company, a subsidiary of
the Montana Power compa
iny, will pay $2,845,000 to
the Flathead Indians m 20
yea*» as
At the end of that time the
rental will be readiusted for
n . ,
1 U-year periods.
For the first year, the power
company will pay an annual rental
of $60,000, the charge scaling up
ward to $125,000 for the fifth
year. Thereafter, the annual rent
als for five- year periods will be
$150,000, $160,000 and $175,000.
.The company also agreed to sup
ply as much as 15,000 horsepower
for the Flathead irrigation pro
;3 ect and aprr ^ 1 t ST ei I nbuTS l
government $101,000 for a tunnei
which will be used to deflect Flat
head river during construction of
dam.
Th f application granted Monday
had been opposed by Walter H.
SÂÎfÂtoSTS
pnmS* a development plan hL
ed on bringing large industries to
.the territory, which would have
consumed the bulk of power pro
duction.
rental on this site.
Tlæ commission said it felt the
& tjH T ^ tal **
mvo lve them in a speculative en
terprise, such as the bringing in
misrSTRlirTTON
PLAN AT F ?rrF°iK ^FAmSïsS
AT S,TE BENDINESS
Plans are complete and all is in
^ ZX dÂcïï
Kerr 'vire presWent'of'«»
Kerr, vice president dt tne jvio
sah7here
Monday. Mr. Kerr explained that *
there would be considerable detail
work rereccarv in nerfecting a
. i necessa V /. penecung a
project organization before work
{, started on an extended scale.
He explained that he assumed the
press accounts were correct, but
that he- had had no official notice
and could take no action until such
notice was given.
n
a
1924, 1927) was absent in 1929.
And sure enough the prediction of
the sober editor has come true.
The pace of automobile produc
tion since the first of the year has
been anything but encouraging,
while the sales of any but the two
cheapest makes are not keeping
dealers living at the Savoy-Plaza.
The slump in building—and that
means residential building — has
continued and easily swamps the
much-talked of enlarged volume of
public works construction.
Foreign Trade Rotten
Foreign trade has simply gone
tobogganing. With coffee, sugar,
and rubber at very low prices and
the producing countries with very
low purchasing power, with an ag
ricultural depression in a number
of lands, depressions in special
trades, capital scarce in certain of
our dependent Continental coun
tries, and governments in debt up
to their neck «nd yet compelled to
meet obligations to the unemploy
ed—or face revolts—where and
bow shall we sell our goods, un
less we lend more money to those
who buy? And the foreign bonds
floated in the first quarter of
1930 in New York, with refunding
deducted, made a poorer showing
than in the same quarter a year
ago.
Here are three major factors,
(Continued on' page Elchtl