Henderson daily dispatch., May 26, 1933, Page PAGE THREE, Image 3

About Henderson daily dispatch. (Henderson, N.C.) 1914-1995

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Industry Control Bill
Roosevelt’s Best Work
OugM T° D ° More Tow a rd (Reoyery Than All Other
Ugulation Combined Babson Thinks; Explains Its
Workings; Calls It Symbol of a New Age
BY' ROGER W. BABSON,
Copyright 1933, Publishers Finan
cial Bureau.
Babson Park, Maas., May 26. The
Pres.deni’s proposal for national in
dustrial control and planning of in
dustry is not only thoroughly sound
but should do more for recovery than
all the. other legislation combined. I
gav this because the bill strikes at
ihe very root of our difficulties. Its
object is to put men back to work and
to increase publ.c purchasing power,
wherea sthe farm relief bill, the au
thoiity for lowering the gold content
of the dollar, and other inflation mea
sures are merly hypidermics to raise
prices artificially and hence are po
tentially dangerous. Even though
the.r psychological effect has helped
to taisei prices the Administration
frankly recognizes that these permis
sive inflationary measures are purely
experimental, and that prices artifi
cially raised must be propped up by
sounder measures including control of
production reduction of surpluses eli
mination of cut-throat competition,
inciease and spread.ng of employment
and lifting of purchasing power.
How Control Bill Will Work.
Trade associations gain a vast im
portance under this bill. They are the
bodies in eacli industry wh.ch will
agree on codes of fair competition,
control and proration of output, pro
tec ion of the rights of the workers,
and agreements by employers and la
ror on hours of work, minimum rates
of pay, and working conditions. These
codes, when approved by a Govern
ment Board, would have the effect of
law, but could be cancelled at any
t me if the President saw fit. This
would effectually cut out sweat-shops
increase employment, make industry
profitable and raise general buying
power. Most important of all, this
measure recognizes that prices are
determined finally by the fundamen
t.,t law of supply and demand; and
it attempts to regulate and adjust the
supply to the demand in order to cut
down burdensome surpluses and avoid
gutt.ng of markets.
Notice this wording of the Presi
<im‘ s message accompanying this bill
to Congress: “My first request is that
Congress provide the machinery nec
e-saiy for a great cooperative move
ment throughout all industry in or
der to obta.n wide reemployment—
In other words, the President is tell
ing industry that the government will
help in a great partnership toward
the accomplishment of industrial
planning and increased employment,
which enlightened leaders of industry
have known right along ough’ to be
a:\omplished. The Administration
r.ives industry the chance to regulate
i'Scif, merely approving those mea
sures for self-regulation in accord
ance with economic fairness and in
the best national interest. This is
fai better than arbitrary government
control of industry. It recognizes that
the men best suited to solve the pro
blems of an industry are the men—
employers and workers alike —who are
tc’ually engaged in that industry. No
longer ca na few unfair companies
ruin the prosperity of a whole indus
try Ti'/is bill has t<ei.: in it to bring
such rums into line by means of li
ce mng powers.
Anti-Trust Relief Important.
Relict n.om tn e rigid anti-trust laws
will bt a boon to bustnos Originally
these laws were designed to curb
nioncprly and stop the unfair com
pciitii.n of ‘he great trusts. Now,
h .w. vt i , they ate one of the chief
r -a of unfai'- cc npet.tton. They
sllov. l> ee rein to price-cutting sweat
show? and incompetent or unecono
mic marginal producers. In other
words they encourage the very evils
they vert designed to prevent. The
liftinvr of these restrictions duringrthe
emergency w.ll enable real, indflstrial>
planning to he put ( ffe«f. This
will be to the great
sui industries like cop-j
per, oii. ftfeel, cotton textiles, lumber
coal, no., but the stimulating effect:
liKew.t.: will be felt throughout atli
industry. What will increase emplqjf-!
neut las'est is the coming fair
and stable price level Which
industry can earn a prp<if* and expand
its working forces.
Thoughtful business men now sd
r.ously question the wisdom of un
limited competition. In the old days
when the country was young and the
population was growing faster than
production, competition was indeed;
the life-blood of trade. Even toddy it!
is necessary to some degree in order
to keep business on its toes and to
prevent monopolistic abuses; but con
ditions have changed and the Admin
istration his found away to apply
these law& to changed conditions,
thus the bill provides that associa
tions are allowed to make, agreements
on production, prices, and other
things that were formerly taboo.
After the Government Board approves
such an agreement ,violation of it by
Stevenson
Matinee-Night 19-25 c
TODAY ONLY
Clyde Beatty
“The Big Cage”
Most sensational picture ever made
ADDED
Moran and Mack
——
“As The Crows Fly”
Musical Short
“BABE-O-MINE?
I IM
Next Monday—Tuesday
“CAVALCADE”
1 mdi vidual producers could be prose
cuted as unfair competition under the
original provis.ons of the Sherman
Act. Some call this dodging the anti
trust laws, but I call it a helpful and
fair interpretation of the true pur
pose of these laws.
A Boon to the Oil Industry.
The present chaotic condition of the
0.l industry is a clear example of the
need for effective control of produc
tion. Under modern industrial and
living conditions, oil is a necessity.
Even in the most drastic depression
on record 24,000,000 automobiles are
consuming 15,600,000 000 gallons of
gasoline annually, and yet the price
of oil in the East Texas field was
recently quoted at 10 cents a barrel
less than the price of an ice cream
soda. Efforts to control oil produc
tion by state law have obviously fail
ed. The bill now before Congress giv
.ng Secretary lekes wide powers to
regulate oil output is based on the
same principle as the general indus
trial control bill. It looks as though
•ol would be the first great industry
to benefit from nationally controlled
production.
The prospect for oil securities is
very much enhanced by this trend.
As inventory stocks, the oils have
large reserves on hand and they com
mand tremendous reserve supplies in
the ground. It would seem, therefore,
that they are especially, well situate,
to take advantage of an uplift in
prices an dincrease in bus.ness ac
tivity. Oil is an essential business,
when once used its consumption is
complete because there is no second
hand commodity to come back on the
market as in the case of steel, rub
ber, copper, etc.; it is concentrated in
the hands of a few relatively large
well-managed concerns. What has
been lacking before is effective con
trol of production, and we are nearer
now to such control than at any time
in the past. I believe the troubles of
this industry may be conquered re
latively soon.
L ving In A New Age.
Five years ago any such proposal
as this industrial control measure
would have beep howled down as re
volutionary, socialistic and unsound.
It has taken the greatest depression
in history to show business that if it
can not regulate itself in accordance
with sane rules and ethical and eco
nomic practices, then the government
must lead the way. Fortunately, the
Administration does not desire to in
terfere with business any more than
it can help. The President calls for
ta cooperative partmersh p, tiot bu
reaucratic domination. Nevertheless,
we should all realize that we are liv
ing in n new age, and that the old
rules and practices will no longer pre
vail. The industrial control bill is a
great forward step toward common
sense industrial planning. Business
can and will prosper under these new
principles.
Business, as estimated by the Bab
sonchart now registers 3 per cent
■above a year ago.
Muscle Shoals Probe
BHf-
Huston Thompson
Jo C. Guild, Jr. T. W. Martin
Denials of misuse of facilities at
Muscle Shoals, as charged by Sen
ator George W. Norris of Ne
braska, are being rushed to Wash
ington by power company of
ficials. Huston Thompson, top,
formerly of the Federal Trade
commission, is to be in charge of
the investigation ordered by Pres
ident Roosevelt. Jo Conn Guild,
Jr. vice president and general
manager of the Tennessee Elec
tric Power company, and Thomas
W. Martin, president of the Ala
bama Power company, in a joint
telegram have branded the allega
tions “unqualifiedly false” and
; have asked for an immediate in
vestigation.
r HEKSERSON, (N.CJ DAILY DISPATCH,' FRIDAY, MAY 26, 1933 ’
MNMEgrrr
9.KAJJ TTTtS FIRST:
Virginia Oliphant, daughter of cn
aristocratic old Maryland family, but
impoverished, watches wMh her
brother, Richard, as the Ohphc.nt
household effects, many ttf 1 W.x
t aluable antiques, are,auctioned off
tnat they may raise money for thc-t
auing father. At the sale she meets
Michael McMillan, young 'New York
magazine editor, and Tony Bleeder,
naval officer and son of a wctiilliy
family. Both of them like her im
mediately. Tony’s mother, Jans,
snubs Virginia, but invites her to
accompany her party to lunch so that
she may answer questions about
tome of the things Mrs. Bleeder
purchased. Virginia only goes be
cause Michael is going also. In the
meanwhile Richard who is good
looking but a bit weak, sees Marty
Van Duyne. wealthy silver blonde
who accompanied the Blecckers to the
sale, and falls for her. Mrs. Bleecker
wants Marty to marry Tony. While
they are having lunch Richard has
lunch with Mary Lee Logan, who
also is attending the sale and who
wants him to put up a pair of candle
sticks which Virginia has ordered
withdrawn, principally because she
knows Mrs. Bleecker wants them.
At lunch Virginia tells of the
antiques and the two men fall deeply
in love with her. Then Michael
leaves wiih Marty to go back to the
sale and as Mrs. Bleecker watches
Tony talk with Virginia she realizes
that he is showing her attentions
he never has to any other woman.
Tony makes a date with Virginia to
have supper with her the following
evening. Virginia accepts because
she knows if will anger Mrs.
Bleecker. Back at the sale Michael
buys the candlesticks unaware that
Richard is violating his sister’s order
not to sell. Virginia learning of it
is angry with Michael.
(NOW GO ON WITH THE STORY)
CHAPTER 9 1
LEAVING THE garden, Michael
passed through the town, went over
a long, low bridge which spanned
the east branch of the river, and
I *
came to a path which led through
sunlighted fields, and shaded groves
of pine and oak. Following the path,
he reached at last a secluded spot
which gave a view of the river.
Here he laid himself down to rest,
stretching at full length on the dry
sweet grass, and pillowing his head
on his arm.
He loved the out-of-doors with a
passion which was second to none in
his nature. Yet for 10 years he had
been caged. First in an apartment
on Park avenue with Helen, now in
his own smaller apartment in Gra
mercy Park. And when he had not
been shut up in apartments he had
been shut up in his office. Such holi
days as he had allowed himself had
been shared, perforce, with Helen.
And Helen had chosen fashionable
resorts to which she had carried with
her trunks of charming clothes. She
had been very lovely to look upon
when she wore the clothes. That
was why he had married her —be-
cause she had been so very beauti
ful, and he thought her beauty more
than skin deep.
His boyhood had been spent away
from cities. His father had died
when he was six, his mother when
he was nine. He had divided his
time after his mother’s death, be
tween one grandfather's somewhat
depleted acres in Virginia and an
other grandfather’s seemingly inex
haustible forests in Maine. There
had been schooldays in Switzerland,
with winter sports; summer holidays
in rural England with cousins who
had cows and bees and orchards: and
when he had gone to college, it had
been to his rich grandfather’s alma
mater in Maine, set around with hills
and far from the haunts of men.
And then, finding at college that
he wielded a facile pen, Michael had
sought New York as the mecca for
. aspiring authors. But he had given
up his own writing to edit a maga
zine. Then he had married, and in
all those years Pan had piped among
the rushes and Michael had shut his
ears to the sound. Yet it had been,
perhaps, the reason for his great suc
cess that he had opened the pages
pf his magazine not to those who
jVrote of degeneracy and despair, but
fb' those who wrested romance from
life V-the romance of sea and of
prairie, of mountain afid of plain.
All that he had hoped for, he bought;
for big magazine.
/wife had had no sympathy,
jr&fch" ibis success. He was, letting
TRrnseif be. she had told him, unbar-:
don ably provincial. He had refused,
to afgue with her. How could one
argue a thing like thgt? Pan had
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“This beauty, this burning beauty!"
never piped for Helen. That would
have been ki3 answer if he had cared
to make it.
And now Pan was piping! The
river swept by, and up from the
sedges came a thin, fluting sound.
There were those who might have
said it was the wind among the
rushes. But Michael knew better.
It wa3 Pan.
There were other sounds—the call
and twitter of flocking birds, getting
ready for the great enterprise of
migration; the mewing note of gulls
as they dipped towards the shirring
waters, or poised above on pointed
wings; the far-away roar of a navy
plane, its course set for the Chesa
peake.
Then, all at once, breaking in, the
sound of .voices. Michael, peering
through the screen of pines, saw’
walking toward him across the fields,
Virginia Oliphant and her brother.
• The sun was setting and lighting
the world like a conflagration. The
fence rails and tree trunks were
laced with the wine-red of Virginia
creeper and the vermillion of poison
ivy. The ground was carpeted with
dried grass and fallen leaves, amber
and jade and searlet. The needles
of the pines had a glittering quality
as if they were coated with ice, and
as the two young people came at
last to the water’s edge, sky and
river shone with an almost unearth
ly radiance. And of this radiance
Virginia Oliphant seemed the center
and the source. To Michael, raising
himself on his arm to look, she was
like a splendid young goddess, her
face uplifted to the sun.
She spoke to her brother, her
words coming clear and vibrant
through the still air: “Oh, Rickey,
if you could get all this in your
book!”
“All what?’’
“This beauty, this burning beauty.
Use your pen as you would a brush
—so that the pages would be as gor
geous as some old painting.”
She had turned towards her broth
er. eager, ecstatic. “Our lives have
been so drab—we’ve lacked flame and
color. You could write all that we
have dreamed —all we have missed—”
He seemed to catch her idea. "Like
the old Florentines? A modern
story, yet gorgeous as old brocade—
or painted Spanish leather.”
Virginia’s hand was at her throat.
Michael could almost see the flutter
of her heart. “Could we call it—
‘Burning Beauty*, Rickey? Could
we?”
Michael checked a quick exclama
tion. He knew a good title when he
heard one. The name began to swing
back and forth in his mind."
Young Oliphant dropped down on
a log. “It might do. . But I’ll have
to think about it. Os course you
know it won’t be your book hut mine.
Jinny.”
There was a smugness l about his
statement which made Michael fu
rious. The young cub! As if the
girl wasn’t worth a dozen of him!
But the uirl did not seem te resent
it. “I know it w’ill be your book,
darling,” she said, soothingly, and
sat dow’n on the log beside him. Then
in silence the two of them watched
the radiance die. The girl’s hand
crept into her brother’s, and the boy
drew her to him so that her head
rested on his shoulder. There seemed
to be great affection between them,
in spite of the boy’s intense egotism.
Perhaps Virginia understood .him as
no one else could understand. Her
tenderness was like that of a mother,
asking nothing, forgiving all.
When she spoke again it was of
Rickey’s future. “Daddy has ahvays
lived too much in the past. He
wanted us to keep to the old ways.
But we must find the best In the
new. Sometimes I feel as if we were
starting out on unknown seas, with
our sails set for favoring winds. I
believe they are going to blow you
straight toward success.”
The boy’s .voice had a note of im
patience. “I shall be a success when
I am—free —”
The sun dropped below the hori
zon. The world was amethyst and
gray. The air was clear with the
illumination which comes before the
dark. Virginia rose. “It’s getting
late, Rickey. We must go.”
As they passed Michael’s hiding
place, he heard her say, “How much
money did Grogan give you?”
“A thousand in cash."
“Where is it?”
Rickey slapped his chest. “In
here.”
“Oh—you oughtn’t to be carrying
so much money." . •
“It was too late to put it in the
bank.”
“When you get back to the house
you’d better hide it in a safe place.”
“You worry too much. Jinny.”
They walked on. their voices grow
ing fainter and fainter. The wind
sighed in the rushes. The pipes of
Pan played a plaintive tune. Dark
ness had fallen on the waters, and
one burning star hung high in the
purple heavens.
It vvas time to go. but Michael still
lay there, looking out into the dark
ening night. Suddenly he was aware
of a rustle near him w’hich was not
made by the wind or the wings of
some late homing bird. A man was
rising up from a flat boat which had
been hidden among the rushes at the
edge of the river, and the
dark form went paddln«g along the
path the two young people had taken.
Tt came to Michael that he was on
their trail —that he knew Rickey had
a thousand dollars in his pocket.
Michael jumped to his feet. As he,
too, took the path, he saw the golden
arc, of the moon " spanning the liofi
zofl. It gave light ta the little grove
as the went through it, and whe&the
caflne again, into the open, it showed
Virginia and her brother walking
slowMy across a stretch at pastures;
Even as he looked, they entered
the second grove, aqd Michael’s cry
rang out as the man came up behind
Rickey.
(TO BE CONTINUED)
The Market Basket
By The Bureau of Home Economics,
U. Department of Agriculture, and the Woman’s Division of the
President’? Emergency Committee for Employment
ANOTHER REASON FOR EATING
PLENTY OF VEGETABLES
AND FRUITS
There are many reasons for eating
plenty of vegetables and fruits. At
this, the growing season, the very best
reason of ail no doutolt is their tempt
ing quality. But we use vegetables
and fruits also as sources of mineral
and vitamins, needed to balance the
carbohydrates and proteins and fats
we consume in the bread and cereals
and meats that make up the main
part of the ordinary bill of fare.
There is still another point to con
sider in meal-planning, we are re
minded by the Bureau of Home Eco
nomics to the U. S. Department of
Agricultue. It is a point to have in
mind especially so an economy diet
which necessaiiy contains a high po
portion of cereal foods.
Some foods are acid-forming, some
are alkaline-forming, some are neu
tral. The tissue s and fluids' of the
normal body are slightly alkaline
and should be kept so. Too much
acid-forming food in proportion te
the alkaline food we use has a tend
ency to upset the normally alkaline
condition in the body. Too much
alkaline food is a mistake the othei
way round. To maintain the right
condition, however, it is important tc
know which foods ar e which.
Otherwise, we are almost certain tc
be misled as to acid-forming food 6
They are not the acid-tasting food!-
as a rule. The actual ac‘d;ty or alkr
linity of foods before it is taken in<t<
the body has nothing 10 do with thf
case Such acid food® as tomatoes
oranges and lemons are not aeid-forn
ing but on the contrary produce ar,
is true of nearly all the fruits and
alkaline reaction in the body. Thi.-
vegetables. In the list of exception 1
are cranberries, som* prunes and
some types of plumis among the fruit;
and peanuts and lentils among the
But not many others.
Foods that are not acid-forming
are either neutral or they are alka
line forming. Under normal condi
tions pure fats like lard, and pure
carbohydrates, such as highly refm
ed sugar, are neutral in their reac
tion. Bread and cereals, meat, fish
poultry and eggs are acid-forming.
Here, then. is the point: Yov
should have enough alkaline-form
ing foods to balance your acid-form
ing foods and at the same time
enough kinds of food to furnish the
carbohydrates, fats, proteins, minerals
and vitamins you need to provide a
ta’anced diet In the Ca i.il sense
LOW-COST MENU FOR ONE DAY
Breakfast
Oatmeal —Toast
Orange Juice for youngest child
Coffe e (adults)—Milk (children)
Dinner
Scalloped Potatoes
Stuffed Onions—Green Beans
Fresh Pineapple
Supper
Cream of Tomato Soup
Toast —Milk for nil
Quick Coffee Cake
(baked at noon)
RECIPES
Scalloped Potatoes
6 medium-sized potatoes
2 tablespoons folur
6 tablespoons butter
1 teaspoon salt
1 pint hot milk
2 tablespoons chopped parsley.
Wash the potatoes, cook in boiling
salt water until half done skin, and
slice or cut in cubes. Grease a shal
low baking dish, place in it a layer
of potatoes, sprinkle with some of the
flour and salt, and dot with fat. Con
tinue until all the potato!., are used,
pour in the hot mnk cover, and
bake in a slow oven for 1 hour or
until the potatoes are brown on top
and soft throughout. If they become
dry add more milk. the po-
Wife Preservers
Iron the lace trimming of your !
underthings on a soft pad and on
the wrong sir)* j
f
California Fruit Market
The Truck Just Arrived
Oranges, peck 35c; ,Dozen 10c, 15c, 20c
Grape fruit, 6-8-10 for 25c
Tomatoes, 2 lbs. for 15c
Watermelons, each 30c and 35c
Corn on cob, dozen 35c
Squash, 2 lbs. for 15c
Field peas, lb 10c; 3 lbs. for 25c
Okra, lb 15c
Lettuce, 3 heads for 25c
Cucumbers lb 10c; 3 lbs 25c
Butter Beans, lb 15c
324 South Garnett i St.
We Deliver—Phone 373 \
Next to Busy Bee Case
PAGE THREE
tatoes in the baking dish, and just
before it is sent to the table sprinkle
the chopped parsley over the top.
Stuffed Onijons
5 large mild onions
3 tablespoons butter or other fat
1-2 cup chopped celery
2 tablespoons chopped parsley
2 cupg bread crumbs |
1 teaspoon salt —Pepper.
Skin the onions, cut in. half cross-,
wise, simmer in salted water until al
most tender, and drain. Remove the
centers without disturbing the outer
layers and chop fine. Melt 2 table
spoons of the fat in a skillet, add the
chopped onion, celery parsley, and
cook for a few minutes. Push the
vegetables to one side, melt the re
maining fat. and add to -it the bread
crutmbs salt and pepper then com
bine with the vegetables.: Fill the
onion shells with the stuffing, cover
ind make in a moderate oven for
about 30 minutes, or until the onions
are tender. Remove the cover ffrorn
the baking dish during the last of the
cooking so the onions will brown on
top.
Quick Coffee Cake
2 cups sifted flour
3 teaspoons baking powder
2 tablespoons sugar
1-2 teaspoon salt
4 tablespoons butter or other fat
1-2 cup milk
1-2 cup cut citron or other candied
fruit-.
*
1-2 cup raisins, chopped
1-4 cup chopped nuts
1 teaspoon cinnamon mixed with £
tablespoons sugar.
Sift together the flour, baking pow
der, sugar, and salt, saving out 2 tab
espoons of flour to hix with the fruit
?ut in th efat with a biscuit cutter,
aid add the milk and floured fruit.
Tn a greased pan pat the dough down
uxtT it is about 1 1-2 or 2 inches
thick and bake for 35 to 40 minutes
: n a moderate over (350 degrees F. /
When done, butter the top and
sprinkle oveif it a mixture of the
Jiopped nuts, cinnamon, and sugar.
rJ lace the cake i n the oven again and
et it remtetin until the sugar begins
to melt. Serve hot or cold.
CARD OF THANKS.
We take this means to express our
heartfelt thanks and appreciation to
>ur many friends and neighbors for
’■heir acts of kindness find sympathy
;hown us during the recent illness
ind death of our beloved wife and
nother, Mrs. E. W. Hart on. We es
pecially wish to thank the Cokesbury
>eople. Your kindness and sympathy
will be remembered. We also thank
ill for 'he beautiful floral designs.
Husband and children
Chickens
Spring Friers, Hens, Ducks,
Fresh country eggs
Free dressing service
Prices right Jl v
Vance Poultry
Market
Under Cooper’s Warehouse
BEST
MEATS
V * And
BEST
SERVICE
TURNER’S
Market
Phones 304-305