anaheim-gazette 1932-07-21

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. JUST PLAIN STUPIDITY Congressman Joe Crail, candidate for United States senator from California, believes Uncle Sam should pay the $2,390,000,-000 soldiers' bonus IN ORDER TO SAVE 13 YEARS' INTEREST ON THE MONEY! If reported correctly, Crail's statement automatically eliminates him by thinking voters from any further consideration as a candidate for any public office, because of his gross misunderstanding of simple problems of arithmetic. Crail's offense is the greater because as congressman he has been in Washington, D.C., where the facts about the soldiers' bonds and the cost it would be for citizens of America are available. Here are the plain and simple financial facts involved in case. Congress has been appropriating $112,000,000 per annum toward paying the $3,638,000,000 paid-up bonus certificates in 1945. Compound interest alone on the total money to be appropriated amounts of $1,303,000,000. Subtract this from the total amount to be paid, 3,638,000,000 and we have $2,335,000,000 appropriated by congress in yearly sums of $112,000,000. Thus, if we paid the bonus certificates now as Crail says we should in order to save interest, it would cost Uncle Sam exactly $1,303,000,000 more than he had contemplated! But Crail's proposition has still more stupidity back of it. Instead of making the total payment to be put out at this time—which would irrevocably unbalance the federal budget and throw this country so far into debt that it probably would have a still more depressing effect on currency —it also would cancel the $1,248,000,000 in loans now out against the certificates, thus making them a direct deficit instead of a self-sustaining loan. We wonder if this kind of loose thinking on the part of a few of our officials hasn't been the "come on" bid and misleading invitation to unemployed veterans to lay seige to the capitol in PURCHASING POWER OF DOLLAR As measured by the index of the United States Department of Labor, the purchasing power of the dollar is now fifty per cent greater than it was in 1929, which is some consolation for the man who has had his salary or his dividends reduced in the meantime, because it means that he can go out and buy fifty per cent more in the way of commodities with the same amount of money than it would have been possible for him to purchase in 1929. This, of course, is small consolation for the fellow who is out of a job or for the man who holds stocks on which dividends have been passed entirely. For the bondholder, however, with good securities, it means that a bond which was paying six per cent in 1929, and is still a good security now pays the holder virtually nine per cent, so far as the purchasing power of his interest is concerned. There is not so much consolation in this, however, for the man who was in debt in 1929 and has been struggling ever since to get out of debt. The dollar today buys more wheat but it will pay no more on a 1929 mortgage than it would have three years ago, and the dollar is much harder to get now than it was then. And while commodities have declined considerably since 1929 there is one important item in the average man's budget which has actually increased rather than declined. That is the item of taxation. The United States government has been compelled to increase taxes because of the declining returns from income taxes and other regular sources of revenue. And in the case of the states and smaller units of government there has been no decline in taxation which would in any way match the decline in commodity prices. It is true that the sentiment for decreased state and local taxes is increasing. The tide is rising and it can now be predicted fairly safely, that in most of our states and communities there will be real and, it is to be hoped, effective effort to decrease the cost of government during the next few years. Local governments should save in the purchase of materials used for repair and construction due to the decline in the commodity price index. There is a tendency also to decrease the salaries of local officials, in line with the decrease which has just been made in federal salaries, and it is also likely that public expenditures in the various states, counties and cities of the country will be more closely scanned during the next few years. Tax associations are springing up on every side, and everywhere we are now getting propaganda for lower lower taxes. Years ago we were launched on an orgy of spending public as well as private. It seemed that the public held an almost inexhaustible reservoir of money and credit. But now we know differently and we are beginning to realize what it means to pay the piper. If out of the present mood for retrenchment comes a sober realiza- modity price index: There is a tendency also to decrease the salaries of local officials, in line with the decrease which has just been made in federal salaries, and it is also likely that public expenditures in the various states, counties and cities of the country will be more closely scanned during the next few years. Tax associations are springing up on every side, and everywhere we are now getting propaganda for lower lower taxes. Years ago we were launched on an orgy of spending public as well as private. It seemed that the public held an almost inexhaustible reservoir of money and credit. But now we know differently and we are beginning to realize what it means to pay the piper. If out of the present mood for retrenchment comes a sober realization of the fact that for years we were traveling at too fast a pace, and if this can be reflected in plainer and more sensible government, local as well as national, then it will be indeed true that we have gained something out of the depression. Experience is still a hard teacher, but now as before, it is the only instructor to whom a great many people will agree to listen. THE ROAD IS LONG, COMING BACK The only thing that keeps most of us from realizing our own possibilities and of getting the highest satisfaction out of life is fear. There are very few human beings in the world who are not afraid of something, and as long as one is afraid of anything he cannot achieve perfect happiness. Primitive man must have lived in a state of almost constant terror. He was afraid of wild beasts, afraid of enemies of other tribes, afraid of the thunder and lightning, afraid of evil spirits that lurked in the darkness of the forest—of real dangers and of unreal dangers which he imagined. Very few people in these days have the perfectly natural physical fears that surrounded the lives of our ancestors. But who of us has not some mental fear, fear of something that has not happened but which we think may happen to ourselves or our loved ones? In the past two or three years the people of the United States have been the prey of a new kind of fear. They have been afraid that, in the popular phrase, "the bottom had roped out of everything." They have feared that never again would they have a job, that the factories that have shut down would never start up, that they would never be able to sell the products of their farms—these and a thousand other fears which have no relation to common sense or reality seemed to take possession of perhaps the majority of Americans. And that is one of the reasons we have been so slow in coming back from the economic crisis. We have been afraid to use our intelligence and common sense and go ahead when everybody else was afraid to do anything but accept conditions as they are and paint them, mentally, much worse than they are. ANAHEIM GAZETTE Second Ballot Bill Will Rogers, cowboy humorist, doubts the correctness of "second guess being best." On the second ballot at the Democratic convention, Oklahoma switched its 22 votes from Murray to Rogers—"and still I didn't win out," says Rogers. A Victory Smile Mrs. Charles H. Sabin, New York President of the Woman's Organization for National Prohibition Reform, who went before both political conventions battling for a repeal plank. Wins Chairmanship James A. Farley, New York City, was rewarded for the winning fight he made as pre-convention manager for Roosevelt by being elected Chairman of the Democratic National Committee to conduct the party campaign. THE FAMILY DOCTOR By JOHN JOSEPH GAINES, M. D. “HEAT STROKE” In all accidents, I have found the ounce of invention to be worth many pounds of cure; the best time to lock the garage securely is before the car is stolen. Heat stroke—being overheated until we succumb. THE WAY OF LIFE By BRUCE BARTON ALWAYS—SOMETHING HAPPENS A man whose son graduated from college in June was asking what I thought about a postgraduate course in the Harvard Business School. “I don’t assume any school can teach a boy how to succeed,” he said. “What I want is to THE FAMILY DOCTOR BY JOHN JOSEPH GAINES, M. D. “HEAT STROKE” In all accidents, I have found the ounce of prevention to be worth many pounds of cure; the best time to lock the garage securely is before the car is stolen. Heat stroke—being overheated until we succumb—is a most unfortunate accident. Of course the results of such a thing, depend on the strength and “resistance” of the victim, the condition of heart, liver, kidneys and other vital organs, as well as the age of the patient, and its extent or degree of overheating. The accident may occur in the hay-field, at the bench in the shop, or in the canning-fatory, in the super-heated retail store,—in fact anywhere that the heat may be overpowering and the toil too exacting for the worker. It is only paper here for me to touch the subject in a general, yet practical way. Symptoms—of course collapse of the bodily energy. The pupils of the eyes may be dilated, eliciting brain-weakness; the pulse rapid, the breathing deep at first. Severer forms soon develop shallow breathing, with irregular and oblique pulse, and the pupils may become contacted, with mental aberration. Involuntary evacuations may occur, with muscular twitchings, cold sweat, and even convulsions—depending on the severity of the heat-stroke. First Aid—remove the patient to the coolest place available, where the air circulates freely; then the clothing; Give plenty of cool—not iced water, if the patient will accept it. Notice that, in extreme cases of collapse, the temperature falls below normal, and cold sweat occurs—the appearance of a fatal issue; it then becomes necessary to apply warmth to the body. The tendants should do everything possible to warn matters “about face.” That is safe to do always. Call the doctor. Judging by the news coming from Chicago, people are not nearly so worked up about the depression as they are over the wet and dry question. Women from all over the country rode down Chicago’s boulevards the other day in a “peace trade.” How could a parade be peaceful with many traffic cops around? According to a news dispatch trains near Greenville, S. C., are being delayed nightly by toxicated men sleeping on the tracks. Sort substituting steel rails for brass ones, so to break. ALWAYS—SOMETHING HAPPENS A man whose son graduated from college in June was asking what I thought about a post graduate course in the Harvard Business School. “I don’t assume any school can teach a boy how to succeed,” he said. “What I want is to have my son learn something about the history of business.” He proceeded to illustrate from his own experience. Until 1904 he was a newspaper reporter, but that year he took a job with the manufacturing concern of which he is now the head. In 1907, when he was just beginning to get under way, along came a panic. “We cleared away the wreckage and started again,” he said. “but in 1910 there was a strike which tied up our plants, destroyed part of our property and disrupted our trade. “Suddenly the war, and the slump was transformed into a boom! But don’t imagine the boom was any picnic. To be sure, the orders rolled in from every side, but prices of raw material sky-rocketed, our capital was limited, and I wore out my shoes and got grey headed borrowing money from one bank to pay back another. “Then the war ended, and we took an awful beating in our inventory. Then 1920-22 depression. Then another boom. “And now this. “It would be advantageous to my boy, I believe, if he were familiar with this sequence of events, if he knew the ups and downs not only of modern business but of business through the ages. Maybe he would come into life without the illusion which has handicapped so many of us—that there is any such thing as ‘normal’ in the sense of permanently settled conditions and uninterrupted progress.” I thought these were very wise remarks. As far back as I can remember I have been hoping and planning for a time when I should be “comfortably fixed.” At first I thought if I could ever accumulate $20,000 in good safe bonds I'd have an income of $1,000 a year and then I could look out with philosophic calm upon the foibles of the world. The only progress I have made during the past three years has been in health. I try to ride horseback more, swim more, play more golf, and keep generally tough and supple. I'm quite sure that as long as I live I shall have to keep hustling—that just about the time I get everything nicely fixed something will happen. Women from all over the country rode down Chicago's boulevards the other day in a "peace trade." How could a parade be peaceful with many traffic cops around? According to a news dispatch trains near Greenville. S. C., are being delayed nightly by toxicated men sleeping on the tracks. Sort substituting steel rails for brass ones, so to peak. At first I thought if I could ever accumulate $20,000 in good safe bonds I'd have an income of $1,000 a year and then I could look out with philosophic calm upon the foibles of the world. The only progress I have made during the past three years has been in health. I try to ride horseback more, swim more, play more golf, and keep generally tough and supple. I'm quite sure that as long as I live I shall have to keep hustling—that just about the time I get everything nicely fixed something will happen. LISTEN WINDY—YER SO SMART AND KNOW SO MUCH—BET I GOT A QUESTION YA CAN'T ANSWER! BUD — I CAN ANSWER ANY QUESTION YOU OR ANYBODY ELSE CAN ASK — WHY, I CAN BLAH ALRIGHT—WHAT MAKES A BALLOON GO UP? HAW-HAW THAT'S EASY—GAS AND HOT AIR—OF COURSE WELL—HOW COME YOU KEEP ON THE GROUND? OBSERVATIONS A REGULAR GUY A comedian, who is a show all by himself, sings a song that has something to do with his best girl. He warbles: When she craves joolry he takes her to the 5 and 10; when she demands a limousine he shows her pictures in the magazine, and when she fusses and cries for pearls he eats oysters for months until his hair curls. And then one of the hot ziggetty girls in the show says some of the awfulesting things in plain English language! Whoopee! THE FINANCIAL CUSHION Anyway, this flying business is not so bad — if you have the life insurance policy paid up. DON'T GET ANYWHERE The league of nations, says Billy Magoofus, is somewhat like the bozo who gets full of port wine and then goes home and robs his own trunk. TURNING YOUR SOCK INSIDE OUT Time and again it has been said that whenever any set of people try to conquer the 400 million Chinese they become assimilated—you know, become similar. PICKING OUT ANOTHER STAR The 1932 beauty model has been crowned amid a blaze of glory. She is a blond and has brown eyes. She is 5½ feet high, weighs 118 pounds. The gal is 34 around, upstairs, and 26 where the free arm of the one-armed driver reposes when out on the boulevard. OH, ALL RIGHT! The press agent has announced to a breathless and palpitating public that a certain actress in her next screen actress in her next screen vehicle is going to sing. PASSING THE BUCK The democratic candidate for president opposes the league of nations now, even though he favored it when it was first proposed. The honorable candidate says the reason he is against the league is because the United States didn’t join. He allows the assemblage now is just a political pow wow. DERNED IMPORTANT, IF TRUE The press agent has announced to a breathless and palpitating public that a certain actress in her next screen actress in her next screen vehicle is going to sing. PASSING THE BUCK The democratic candidate for president opposes the league of nations now, even though he favored it when it was first proposed. The honorable candidate says the reason he is against the league is because the United States didn’t join. He allows the assemblage now is just a political pow wow. DERNED IMPORTANT, IF TRUE An executive in a city up the boardwalk ups and says he had received an offer from some one to pay a pretty good sum of money if he would let the town open up wide. Another high up official allows the story was ridiculous because the price offered was too low. LOT OF HOOEY A politician down Louisiana way, who came out in the open (about the time the ground hog failed to see its shadow and came up for a breath of air) after visiting the chief executive, ups on his haunches and says, says he: “For the miserable political party he represents he’s just about as good as any of them.” Now, what do you know about that! EDDIE, BRING THE SMELLING SALTS At the end of a sensational moider trial in an adjoining state the newspaper reporter said the three prosecution lawyers in summing up before the jury would use two hours each, and the two defense counsel would take one hour and a half each. SAY, BOY, LOOK WHAT YOU DID THE FIRST TIME A man who made a financial concern go screwy to the extent of about 8 million bucks, wants out of the pen, but the headmen said nothing doing, no siree! TOO MANY COOKS SPOIL THE BROTH Funny thing, when the report got around that the people wanted a change, democratic candidates for the chair in the White House sprang up thicker than mushrooms after a summer rain; but none of the boys offered a remedy for the ailment. MUSTTA STRUCK PAY DIRT An investigating committee in an eastern city found out that quite a few public officials saved huge sums of money out of very meager salaries; and as the committee is still in the dark as to where the long green came from it sorta upsets that zippy saying that money talks. SMILE AND THE WORLD SMILES WITH YOU SNORE AND YOU SLEEP ALONE Ike—What is a laughing jury? Mike—Say, that’s a cackle. When the defense lawyers are talking and the jurymen smile, the attorney say it is an omen of good will; but yet again the prosecution says it’s the horse laugh. PLEASE, EXCUSE! Every day in every way it looks as though Japan had a shindy on east of Shanghai when the folks at Geneva were conventioning. SMILE AND THE WORLD SMILES WITH YOU SNORE AND YOU SLEEP ALONE Ike—What is a laughing jury? Mike—Say, that's a cackle. When the defense lawyers are talking and the jurymen smile, the attorney say it is an omen of good will; but yet again the prosecution says it's the horse laugh. PLEASE, EXCUSE! Every day in every way it looks as though Japan had a shindy on east of Shanghai when the folks at Geneva were conventioning. HELLO, SUCKER! Just after the war a certain European country "floated" a lot of bonds over here that later were found out to be worth about as much as a plugged nickel. Just why that was allowed to take place is about as mysterious as the identity of the guy who struck Billy Patterson. SAY, BOY, THAT'S AN EYE OPENER! A representative down Texas way solemnly avers that since prohibition came in 1920 he has not personally seen a single member on either side of the house take a snifter. THE WINDJAMMERS There awhile ago when things began to loosen up a couple men in a high legislative hall had a debate on something or other. It is said they waxed furious and there was loud and long applause, and after it was all over everybody and the cook wondered what they were talking about. OH, WELL, IT'S NOT SO BAD Anyway Uncle Andy won't have to wear knee pants if he doesn't want to; and then again he can resign whenever he feels like it. EVERY LITTLE BIT HELPS After thinking about it for two years, a L. A. newspaper came out with a big, strong editorial and a kartoon for a tariff on crude oil from those foreign countries. (Oh, yes, this IS an election year.) MATRIMONIAL SET UPS In another county a wife went into court to secured the fifth divorce. She allowed it was hard to find a good man. As she left the room she remarked if at first you don't succeed, try again.