anaheim-gazette 1932-04-28

THE ANAHEIM GAZETTE HENRY KUCHEL, Editor and Publisher ESTABLISHED 1870 ISSUED EVERY THURSDAY SUBSCRIPTION PER YEAR $2.00 SIX MONTHS $1.00 Entered at the Anaheim, California Postoffice as second-class matter. LEARNING THE TRUTH Opening of the Southern County Bank, success of which won our most hearty congratulations last week, affords us the opportunity to see the actual workings of the Reconstruction Finance Corporation. Directors and officers of the bank correctly placed full credit for its opening upon the loyalty of depositors and friends of the institution. Such loyal support shows the true calibre of local citizenry; leadership of a group of industrious workers and honest officers played no less a part. But the thing that actually made opening of the bank feasible was the Reconstruction Finance Corporation’s loan of $170,000 in cash. The minute, Executive Vice-President William Schumacher received confirmation of the loan, the bank was ready to open on a safe basis. As the opening turned out, this money wasn’t needed, but it was available in case of emergency and allowed the officers to tear down with confidence the official notice which closed the doors Saturday, January 30. Benefits of the bank’s opening clearly are evident. Southern County took in $23,000 more in deposits the first day than it paid out; the second day and the whole first week proved a repetition of the same story, a fact which literally amazed officials and bankers throughout the state. When something like this happens close to home where we can see its actual workings, we are not so prone to condemn without first knowing what we are talking about. We wonder if a group of local ex-service men who clamored so loudly for the cash balance of their paid-up certificates, in view of this fact, would reconsider their harsh condemnation of Uncle Sam for “giving two billion to Wall Street.” Even after the Southern County had Southern County took in $23,000 more in deposits the first day than it paid out; the second day and the whole first week proved a repetition of the same story, a fact which literally amazed officials and bankers throughout the state. When something like this happens close to home where we can see its actual workings, we are not so prone to condemn without first knowing what we are talking about. We wonder if a group of local ex-service men who clamored so loudly for the cash balance of their paid-up certificates, in view of this fact, would reconsider their harsh condemnation of Uncle Sam for "giving two billion to Wall Street." Even after the Southern County had opened a number of Anaheim men reasoned that the "little fellow" and not "big business" should receive first consideration. As a matter of fact their statement is correct but their inference is wrong. Congress in voting the $2,000,000,000 as operating capital for the R. F. C. had in mind helping the average man who is out of employment, or whose income has been reduced so drastically that he actually is suffering. To hand the money an a silver platter to the unemployed would place this country in the same position as England found herself after paying dole for a number of years — she went off the gold standard. That wouldn't help matters a bit. Permitting banks like the Southern County, with perfectly good securities but victims of circumstances over which they had no control, to secure credit, however, accomplishes the purpose without costing the taxpayer anything. The money loaned is drawing interest; this money goes to hundreds of depositors whose funds otherwise are diminishing in value and usefulness because of being indefinitely tied up. Through this method the "frozen" money is released to work itself back into the channels of trade, increasing by ten-fold the amount of actual business transactions, which increases the demand for goods, which increases labor, which increases the amount of money paid out as salaries and decreases the amount of unemployment. The circle completed, the money starts over again, and prosperity then is in the offing. The unemployed man doesn't want charity. He wants work. And the R. F. C. through "Peanut Stand" Dawes, is taking him at his word. The full benefits of the Southern County Bank opening haven't been felt here, but in time they will. The same holds true on a country-wide scale with the Reconstruction Finance Corporation program. NO DEBT DISCUSSION Very timely is the assurance given by the White House that Secretary of State Stimson in his visit to Geneva is to discuss limitation of armaments and not the international debts. The purpose, according to press dispatches from Washington, quoting an official statement, is that Secretary Stimson might "explore with our delegates and those of other nations the possibility of taking more definite steps" in the direction of reducing armaments. The announcement that Secretary Stimson would go to Geneva aroused a great deal of interest both here and abroad. The cancellationists were not long in hinting that this meant the first step in the reduction of the allied debt to America. For this reason the official denial that this is true will be very well received. The American people are in no mood at this time to talk about debt reduction and they have plenty of reason for feeling that wav. In the first place they have come to the realization that a The announcement that Secretary Stimson would go to Geneva aroused a great deal of interest both here and abroad. The cancellationists were not long in hinting that this meant the first step in the reduction of the allied debt to America. For this reason the official denial that this is true will be very well received. The American people are in no mood at this time to talk about debt reduction and they have plenty of reason for feeling that way. In the first place they have come to the realization that a scaling down of these obligations means, not that they will be cancelled, but that the burden will be piled on to the tax-payers of the United States. And the American taxpayers feel that when Congress gets through with necessary tax increases, they will have about all they can bear in the way of additional burdens. But this is only half of the picture. When the American taxpayer looks abroad he sees France engaged in an effort toward rounding up all the loose gold in the world and he feels that the French are much more able to pay what they owe us than at the time when these debt agreements were reached when France was apparently on the verge of bankruptcy. Moreover, it is not to be forgotten that the French people have not been burdened in paying the debt for the reason that they have received a much greater sum each year from Germany in the way of debt reparations. News stories from Europe in recent weeks to the effect that the French have loaned to the little countries of Central Europe, known as French allies, several billion dollars during the past few years during which time they have been telling Uncle Sam they were too hard up to pay him what they owed him, have not added a great deal to the debt revisionist sentiment in the United States. It is true that Great Britain made a much fuller settlement with the United States than did France and it is also true that Great Britain has been harder hit by the depression than the French. But it is also true that conditions in England are improving since the British budget was balanced and the protective tariff adopted, so that there does not seem to be any great haste necessary in the way of debt revision so far as John Bull is concerned either. The American people are more interested today in domestic than in foreign conditions. They feel that their principal efforts should be directed toward putting Uncle Sam on his feet first, and they are assured that if this takes place conditions will improve all over the world. For this reason, the official statement that Secretary Stimson will not discuss debt devision is particularly timely and reassuring. ANAHEIM GAZETTE Invents Radio Without Tubes Twenty-one-year-old Ernest Patrick of Columbus, Indiana, is called the "Boy Edison." He has invented a way of picking up radio broadcasts without using tubes, which engineers say will revolutionize the industry. THE WAY OF LIFE BY BRUCE BARTON WHEN WE COME TO RESTOCK I had occasion to visit an Ohio city of thirty thousand people. Its industries are running only half time, and everybody is hard up, but cheerful. Funds have been raised to take care of those who must have financial help. And on the second floor of the city hall I saw an exhibit that gave me something to think about. The women of that city have ransacked its homes, from cellar to attic. Literally! They have requisitioned every old suit, over-coat, dress, hat and pair of shoes. Not a single garment has escaped them. The second floor of the city hall looks like the basement of a do- THE FAMILY DOCTOR BY JOHN JOSEPH GAINES, M. D. TO SMOKERS Men will smoke. As proof, see the sky-scrapers built by profits on "short smokes." It is my purpose to talk sanely on the subject of the universal habit: it is the mighty small minority these days, who doesn't consume in one way or another. The safest, best smoke, say what they may.—is with the properly-groomed tobacco-pipe. Bear in mind. I'm not a propagandist—I'm a family doctor today, employed by myself. To serve my people. It's like eating—smoking is; the slower you eat—or smoke—the less the danger of overdoing. Funds have been raised to take care of those who must have financial help. And on the second floor of the city hall I saw an exhibit that gave me something to think about. The women of that city have ransacked its homes, from cellar to attic. Literally! They have requisitioned every old suit, over-coat, dress, hat and pair of shoes. Not a single garment has escaped them. The second floor of the city hall looks like the basement of a department store, and the piles of goods are melting away very fast. The closets of the community are bare. Yesterday my wife received a note from our daughter, who is in a girls' school in New England, saying: "Send up all the old clothes you have. We are gathering them for the people in this neighborhood who need them." I said: "That's a fine spirit for the youngsters to have. You must send up a good big bundle right away." "But I can't," she protested. "Why not?" "I have already sent out every single scrap of used clothing we had in the house. As for shoes, you'll find when you look in your closet that you will have to buy some. I looked over your collection and took them all." Speaking the other day to a group of bankers about the motor industry, my friend R. H. Grant of General Motors pointed out that fewer automobiles were sold in 1931 than went to the scrap heap, and that every month of subnormal production is merely piling higher the total future demand. A leader of the tire industry told me their surveys indicate that there are more badly worn tires on cars today than ever before. The railroads are having to use much equipment that ought to be junked, or extensively repaired. All this means a type of "consumption" which is very different from that of the years 1924-1929. In that period we thought of a "consumer" as one who used an article until it was a little shabby and then traded it in. The dictionary definition of "consumer" is "one who . . . destroys, one who uses up an article." We are destroying things now, using them up completely. There certainly is going to be a whale of a lot of business in this country some day— When we come to restock! Ship lines are cutting trans-Atlantic fares twenty per cent this spring. But we still think we will spend our vacation in the United States is my purpose to talk sanely on the subject of the universal habit: it is the mighty small minority these days, who doesn't consume in one way or another. The safest, best smoke, say what they may—is with the properly-groomed tobacco-pipe. Bear in mind. I'm not a propagandist—I'm a family doctor today, employed by myself. To serve my people. It's like eating—smoking is; the slower you eat—or smoke—the less the danger of overdoing. It is the fast eater—the rapid smoker that goes "hay-wire" from excess. One naturally smokes the pipe with more deliberation than he would a cigarette or cigar. The fellow who smokes three when a wise man would consume one, will go to pieces just three times as quickly as the deliberate smoker; I know, for I've seen them do it. The inhalation of imperfect-combustion gases works havoc with the smoker's nervous system; not nicotine in one case out of a hundred. The fast smoker pulls carbon monoxide, a deadly gas, into his respiratory tract—the homeopathic dose gets results in time most surely, and nerves go to pieces from its effects. Hence the advantage of the long-stemmed pipe, smoked with proper deliberation. Even a good cigar should last almost an hour—and its wet end shouldn't be clung to as some would have it—your nicotine if any is in that wet end. Throw it away. Smoking should be an act of leisure. Always. Under its influence the mental processes flow more smoothly, and brain-fag fades away more quickly. I must say that it is better to smoke not at all, than to abuse the treat—the privilege, by debauching it. The evil or good of smoking depends on how it's done. THE SCRAP BOOK BY JAMES COUSINS A STARLING'S SPRING RONDEL I clink my castanet And beat my little drum; For spring at last has come, And on my parapet Of chestnut, gummy-wet, Where bees begin to hum, I clink my castanet, And beat my little drum. "Spring goes," you say, "suns set." So be it! Why be glum? Enough, the spring has come; And without fear or fret I clink my castanet. The dictionary definition of "consumer" is "one who... destroys, one who uses up an article." We are destroying things now, using them up completely. There certainly is going to be a whale of a lot of business in this country some day— When we come to restock! Ship lines are cutting trans-Atlantic fares twenty per cent this spring. But we still think we will spend our vacation in the United States on the banks of a stream, just fishin'. For spring at last has come, And on my parapet Of chestnut, gummy-wet, Where bees begin to hum, I clink my castanet, And beat my little drum. "Spring goes," you say, "suns set." So be it! Why be glum? Enough, the spring has come; And without fear or fret I clink my castanet, And beat my little drum. THAT GUY IS THE MOST DISAGREEABLE GUY IN THE WORLD HE WONT AGREE WITH ANYTHING OR ANYBODY HE'S SO DISAGREEABLE THAT HE -- -- WONT EVEN EAT ANYTHING THAT AGREES WITH HIM. OBSERVATIONS HEY, BUDDY, PASS THE CAN-OPENER When a female goes up in the air on one of those duration flights a feller sort of wonders who does the cooking at her house. AFRICAN IN THE WOODPILE When they shut down the oil wells, here, in order to conserve the fuel for the coming generation, and then when it leaked out that foreign oil came in free of duty, it began to look as though somebody was fudging or something. HINGING THE DECISION ON A PEG A high court has ruled that a section of the compensation act is void wherein it provides for redress in case of an injury to artificial members. The case in question arose when a man sued for damages because he broke his wooden leg while at work for his boss. The court ruled that the jurisdiction of the commission to be enlarged to an alarming extent. For instance, if a fellow lost his false teeth he might ask for a new set. HO. HO. HUM — THINK IT'LL RAIN? Just about the time things were getting back to normalcy a newspaper printed an exclusive story about the life of a woman who was accused of killing two of her best friends. YES. S-I-R! AT YOUR SERVICE! When a bunch of communists started to put on a demonstration in a city up the boulevard the other day the police were hard-pressed and were put to the test to handle the unruly agitators. A score or more of marines and sailors, on shore leave, hove in sight. "Hey, sailor, give us a lift," called the cops. And, say boy, you should have seen those marines go into action. They were all over those milling reds. Fists flew, fast and furious. After the street rumpus was over the sailors brushed off their uniforms, straightened out the headpiece, and slapping the palms of their hands together to knock off the dust, they proceeded up the street. Say, pard, got a cig? You bet! Here's a match. Puff, puff! Thanks! We'll be seeing you later. Solong! HEY, EDDIE, FETCH A BARREL The governor was on the sicklist and in order that the patient should not leave his bed too soon while on the road to recovery, the doctor hid his trousers. HEY, EDDIE, FETCH A BARREL The governor was on the sicklist and in order that the patient should not leave his bed too soon while on the road to recovery, the doctor hid his trousers. JAVA HEAR OF SUCH A THING? Just about the time trade was picking up, a sealer of weights and measures had a groceryman arrested for false advertising. And lo and behold he was convicted in the lower court, the judge holding that the grocer must sell, for instance, all the coffee he had on hand to one customer—if that customer wanted it all. But, your Honor, how would the customer know how much coffee the grocer had. ROCKED THE BOAT When the president cut the budget an officer in the league said the navy was being starved, and the man further said the chief executive possessed abysmal ignorance as to the navy's needs. O-o-o-h! Then words called for an apology. And then conversation ceased until a committee could find out what it was all about. TAKES IN LOTS OF TERRITORY Judging from the alfalfa straw vote the possible Bourbon candidates may come all the way from the sidewalks of New York to the toll bridge down Oklahoma way. WHEN THE GALS GO ON PARADE If Ghandi comes to the U. S. A. in the good ole summer time, he may get a new line on wearing apparel on the board walks. BOO! HOO! OOO! An actress got a divorce from her third husband, charging mental cruelty. Exhibit one said the man would call her up between midnight and 2 a.m., while wifey was on the road with a show, and ask her why she didn't come home. That gave her a set of nerves. EVERY LITTLE BIT HELPS When one of those "sensational" murders happens, and the murderess gets a lot of sympathy on the outside, and the sob sisters and brothers ask for leniency, the D. A. might stipulate and try her for disturbing the peace. THE VACANT CHAIR And then the baritone's voice was heard, in sweet melody, as he sang, "Daddy and I are so lonely, since God has taken you away." THE LIGHT IN THE WINDOW The days dragged along into months and then into years. But he did not come home. The faithful wife watched by day and prayed by night for the return of the loved one. But all in vain. THE VACANT CHAIR ... And then the baritone's voice was heard, in sweet melody, as he sang, "Daddy and I are so lonely, since God has taken you away." THE LIGHT IN THE WINDOW The days dragged along into months and then into years. But he did not come home. The faithful wife watched by day and prayed by night for the return of the loved one. But all in vain. Footsteps are heard. The good wife looks through the half-opened door, her heart lightened for the brief moment. But it was the husband and father going to his home next door. SHOCK ABSORBER Some time back a lady in the evangelical vineyard married a man of some renown and the papers carried headlines on the first page about it. Then things subsided. Later the couple went on the vodeville circuit. The critics say the act was a washout; but the husband carried on in another act, taking the part of "stoogie" with a wise cracking comedian, who after arranging the laugh makers, has to turn them loose on to some one who can take it on the chin, and like it. WHITE ELEPHANT Now that the democrats have captured the congress what are they going to do with it. Whoa, thar gol darned ye! SITTING UP AND TAKING NOTICE Elections in off years sometimes cast their shadows before them, and oftentimes the straws show which way the wind blows. Of course, both big party leaders gain grains of comfort from them one way or another, and yet again both sides may be wrong. Anyway the off years are to be reckoned with seriously. As the pot begins to simmer there is quite a bit of button cling going on to talk things over to try and find out how the cat is going to jump when the regular big show opens up. VENEER ALL WORN OFF During the last presidential campaign candidates in one of the big parties handled the woid, "Wet," with kid gloves, to avoid any possible fingerprints. Now, the matter the better. The third degree is not needed to get one to say right out in open meeting that he is "Wet" and no foolin'. Ever since the facial complexion of the congress has been lifted, some folks believe that a wine list will be included in the menu cards for 1982.