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Show FAGE12,SS,'a5ig?Ti.7A SUNDAY HERALD Byrnes Ultimatum Real Cause jDf Stocks Slump - Babson rEditor' Note: I,,'. In 1929 Roer W. Babson iMaratel7 predicted the stock jjuarket crash. In the follow -;Inr dispatch, written for the Vailed Press the noted economist econ-omist rives bis views retard - f Jnr the recent slumps in Wall Street. Ifr'ROGER W. BABSON Written for the United Press WELLES LEY. Mass.. Sept. CJ The real cause of the cur-, Equipment, Cash Confiscated In Gambling Raid - tIT.ER Ida Spnt 14 (UP) A lom hnur raid on thr Filpr m- tah!ihmnt Inriiv riilted in confiscation of $800 in cash plus!"" rocicei missiles mai can or ifluipment allegedly used in op-j lte in New York and some tion of gambling games. i S a j F"1" men ere arrested. f The raid, staged by Twin Falls' county sheriff's officials and iier orncers. was ai wnesx oi!situation to jutify g,. mirke, Flier citizens ana upon tne oraer at this lime It is 1rue tnat a lot W Mrs. Hazel H. Lanning. justice, o 5nves,ors probably have bought Of the peace. Mrs. Lanning s-jrtocks durjng the past vear and sued a warrant to the sheriff. or-'have becn depending upon profit? oermg connscanon oi me ie ices nu ...j, ...uwc, iu....ciicu .u, Th fiKured lnat income ob-tnem. ob-tnem. . . , ..u u ijjp , facing the gambling operation Charges are C. U. Wagoner of pThe Pastime": L. M. Jensen of Club Card Room and Koland B. Wilson of Earl s Place. They arf scheduled for preliminary hear- tog at 10 a.m. Monday and nave Ipecn released on their own rec ognizance. heriff Lowery said the gam bling came into, the open because of the transient population now Jn the vicinity of Filer for the IfTwin Falls County Fair and todco. - . On the other hand, such strikes PrnCnPrtnr C FinH olll' extend the period of prod-II prod-II lUwUwvlUI 3 I II IU taction and normally postpone the 'rospector's Find Starts Gold Rush CRESCENT CITY. Calif . Sept. 14U.P) A gold rush started in this town at the northwestern tip oTCalifornia today after it was nn-t,4 . v,,j discovered mountain ore assaying assay-ing between S30 and $75 a ton near the Smith river. Three hundred persons applied or claims today on federal lands in the vicinity of the reported trike between Rattlesnake Ridge jmd Low Divide, in the Cascade Mountains near the Oregon bor- thr 25 miles northeast of Cres- hcent City. The strike was attributed to Tom Cronin. Del Norte county prospector who has been panning ihe streams of this rugged coun- trv for secral years. lpel Norte Assaver Ernest Hav. Uflo made the assav on Cronin" s Orx, laid test runs showed there were approximately 20.000 acres ofgoldbearing copper pyrites in the area worked by Cronin. Cronin and other projectors have been making their living expenses for cars by panning On streams behind Crescent City Vendors Of War Goods Pledged To Accept No Favors WASHINGTON. Sepf. 14 U.P) Uncle S-m's ."0.000 salesmen of surplus war goods were pledged today to accept no favors not prospective even lunch from customers. As a condition of i Tte paroll they also foreswore favortism of anv kind, accentancc df sifts, and back-room business; frfliiSBct ions. In a urittrn pledge reauired of all-war assets administration em- plo'cs by the close of business yesterday. Administrator Robert above the level of the last quar-M. quar-M. Littlejohn warned that vio- tcr of 1945." latton of its terms will iesult in 'sever disciplinary action'' in- eluding discharge. Also banned in the $.''.() OuO. DO0. - 90 disposal program were leaks favored person of informa tion not readily available to all a provi-ion apparently calculated t block repetition of the Ben jamin F. Fields ca.-e. , rBaby Born During Exciting Scene ,t sti i i wasn.. &epi. 14 -. U .Pi A six pound baby boy f 1 vas born at St. Luke's hos-L hos-L pi'al last night with more tlian the usual excitment. Firemen stormed into the .deli very room ju"t before his r .birth to extinguish a fire in . a leaking eas pipe. Doctors wheeled the mother mo-ther into the next room and completed the delivery. Arkansas ' has five mainr vnh. eiranean caves. rWE STILL NEED 2 OR .1 WOMEN WORKERS TROY LAUNDRY 375 W. Center Phone 164 WANTED Unusual opportunity for refrigeration service man with oldest reliable company in the business. An opportunity oppor-tunity for the right man, must have good references and the type that wants to advance and cet ahead. L Good wages plus mileage allowance. rent stock market slump is the ultimatum given by Secretary of State James F. Byrnes to Russia at Stuttgart about 10 days ago. The market collapse probably was started by insiders who knew in advance what Secretary Byrnes was to say. Since then, the slump has rapidly gained momentum mo-mentum as people began to realize real-ize the possibility of reopening 14,world war II which even yet has not officially been declared as iended. It is true that previous war have temporarily been beneficial to business, and the stock markets have cone up accordingly. But If world war II Is reopened, the situation will be entirely different from anything we have witnessed wit-nessed before. ! Even if Russia does not have me atomic DomD. ne prooaoijr ouieroi int .rie u.o.im. possibility of such a catastrophe , th . reason for the present market decline. Th-,-. litti. ;n th. rinmMiir to pay their expenses tallica in mis wnv nuum ui assessed only a 25 per cent tax. while if obtained bv the sweat cf their brow it would be subject to a much higher tax. As these people began to see their profit? fade away, they rushed to sell. The strike situation in this country Is also unpleasant. This is especially noticeable now in New York City snd has had a deadening- effect upon bankers and brokers who see what labor leaders can do to strangle a city. i ultimate business reaction. Therefore, There-fore, with the great latent de-' de-' mand for goods that there is to- ;day. this is no domestic excuse for tne present market collapse. However, the foreign situation ,s ve, v serious. I do not see mucn chance of permanent recovery umii tne roreign siuiaiion i cleaned up on a satisfactory basi Sugar Goes Up 2 Cents OPA today announced an in- crease oi iwo cents a pouna in the retail price of sugar. UPA w tne retail price m- crease would go into effect as soon as distributors had sold their present stocks. The ,e,ail P''ce boost was coupled with price hikes for sugar producers. The produc- ers price increases amounted to 1 ? cents a pound for domestic producers and 1.73 cents a pound to Cuban growers. Inis was the third boost in tne retail price of sugar this year. OPA directed a one-cent-a-pound increase In February to cover increased prices granted producers. A one-cent increase one a five-pound package was granted June 24 to cover a price-boost price-boost to refiners. The new increase for producers produc-ers will go into effect next Wednesdav . The sugar price increases were rcquirco. vji-. se m. uncier a slJRar buying agreement between the Commodity Credit Corp. and i -i lnc IJ aiia crops oi cuDan raw sugar. Under this agreement. th- price the United States pays for sugar "is tied to specified rise:- in tnc cost of living in this coun- try during each calendar quarter Residents of foreign countries bought 427.274 Amei ic?.n-made motor vehicles during a single year before the war. Tulip & Daffodil Bulbs Peony Roots GOOD COMPLETE LINE OF NURSERY STOCK We will deliver and plant any order, or will completely complete-ly landscape your grounds. We specialize in landscaping. American Fork Nursery Phone 6 I.I Am. Fork, Ut. Always Open OPA Enforcement Agents Authorized To Carry Arms WASHINGTON, Sept. 14 (U.R) OPA passed along to black marketeers today the word that some of its enforcement agents are authorized to carry arms when making arrests. It made the announcement to explain why an OPA agent was brandishing a blackjack in a recent re-cent newspicture of mass arrest of auto black market suspects in Los Angeles. Robert R. Ehrlich. OPA direc tor of special investigations, said the agent was acting in self-defense. t "On all occasions in which agents are to deal with disreupt-able disreupt-able characters or are to make arrests,'' ar-rests,'' he said, "They are instructed in-structed to be armed for self-defense and to complete an arrest in the event of violent resistance." FALL DRESSES in wonderful post-war rayon weaves . . . cooly cut for now, styled way ahead for lasting; distinction. It's a real pre-view collection. col-lection. You'll see the new veiled tops, the swishing side draperies . . . the artful new necklines . . . the gala-but-not-gaudy detail . . . all the ladylike new elegance that makes this fall's fashions the most exciting in years. Sizes 12 to 20. 7.90 to 12.75 YAA Makes 500 Boilers Available SALT LAKE CITY Heating boilers badly needed for houses and buildings were made available avail-able by the war assets administration admini-stration Saturday in placing on sale some 500 cast iron, low pressure pres-sure heating boilers ranging in heat radiation from 350 cubic feet to 13,200 cubic feet. All of the boilers are of na tionally known manufacture and are unused and in good condition. condi-tion. The smaller units use oil and coal and are suitable for installation in-stallation in small apartments. large homes, schools, stores and, garages. The larger units burn oil, coal and gas and are adequate1 for heating apartments, hospitals, schools, large buildings and garages. ga-rages. ! Veterans and other priority claimants will have preference in 'buying the units which have a . m t m m v mm.. $M0. La J I i V 1 fl irk J if Jlk Real Estate Men Get Invitation With Provisions NEW YORK, Sept. 14 (U.R) Loraine Astgen, a model, and navy veteran William O. Soiess were waiting today for answers to their wedding invitations in-vitations so they could set the date. The formal i n vitations read: "Mr. and Mrs. Joseph W. Astgen request the honor of your presence at the marriage of their daughter, Lorraine, to Mr. William O. Spiess "As soon as you rent them an apartment." They went to 425 Queens real estate men. .ixed price. Utahns were advise to submit their orders quickly since the merchandise is being rationally advertised. Further information may be obtained at the WAA office at 222 South West Temple. FALL SHOES in the supple patent leathers and'sucdes so hard to find until now. A splendid variety of new styles, elegantly simple in line, with rich detailing. 9Q YMney Pledges Truman Fight MIAMI BEACH.. Fla., Sept. 14 (U.R) A. F. Whitney, president of the Brotherhood of Railway Trainmen, said here today that the brotherhood will attempt to cut President Truman out of another term at the Democratic national convention in 1948. Whitney, arriving here for a six-week BRT convention beginning begin-ning Monday, said he did not think it would be necessary to spend union money in the campaign. cam-paign. He has no desire to join the Republicans, and" does not think a third party could be organized. or-ganized. LONG MILK ROUTE jTO ALASKA i FAIRBANKS. Alaska (U.R' A 1 record milk route has been estab- lished on the Alaska highway. The milk is delivered in refrigcr- It's soul-satisfying to be darkly dramatic now ... to sweep with early elegance into autumn, putting summer sirent in the shade of your overshadowing black. Our advance collection is ready for you far-sighted dress fashions' with brilliant black accessories to punctuate them FALL BAGS of that miraculous new glearriing plastic that looks like patent leather, but resists chipping and peeling . . . wipes clean with a damp cloth. Pouch and flat styles. 4 93 J 9Q FALL HATS so becoming they'll turn your head, so new-loking they'll turn other people's. Feather trimmed or bow bedecked for hat smartness this fall. 2.98 to 4.98 Liquor Control Officer Nabbed For Wet Driving SACRAMENTO. Sept. 14 (U.R) George H. Dempsey, state liquor control officer for the Woodland area, was arrested last night by highway patrolman George Sagar on a charge of drunken- driving. YACHTS GET CLIPPER BASIN I I MIAMI. Fla. (U.R) The original base for seaplanes flying between Miami and -South America. Dinner Din-ner Key. will be taken over by I the city and turned into a palatial i yacht basin this fall. The base attracted thousands of sight-seers when the big clipper planes landed land-ed there. ator trucks in Whitehorse. Y. T.. from farms 1.000 miles distant at Tupper Creek. B. C. Tobacco Magnate Dies In Quebec NEW YORK. Sept. 14 (U.R) George Washington Hill, president presi-dent of the American Tobacco Co.. died Friday at a camp near Quebec. Canada. He once earned a salary of $1,000,000 a year, partly because he had unique ideas about how to advertise cigarettes. cig-arettes. He was 61 years old and had been ill for a short time, according accord-ing to the announcement made here by the tobacco company. As a widower with three children. child-ren. Hill married his secretary. Miss Mary Barnes, an attractive 39-year-old woman, on July 8, 1935 in London. Mrs. Hill and the three children, chil-dren, George Jr.. Percival S., and Mary survived him. Railroad engines consume 1.550 gallons of water for each ton of 'coal burned. See Mr. (irosjean SEARS, ROEBUCK & CO. PROVO, UTAH |