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Show EEAR RIVER VALLEY LEADER, THURSDAY. MAY PAGE SIX tlechange in business in the near future, with the tendency continuing downward. Hopes are pinned on the fall. And what that season will bring is an unknown quantity. ECONOHIIC 0 HIGHLIGHTS TIIAT AFFECT a IIAPrKMNfiS DINNER FAILS, DIVIDEND CHECKS ANT) TAX BILLS OF EVERY INDIVIDUAL. NATION- AL AND INTERNATION- AL PROBLEMS INSEPARABLE FROM LOCAL WELFARE, One of the frankest commentaries made on the business situation by any high Administration authority of the recently, came from Secretary who said that Morgenthau, Treasury business appears to be steadily gettconcluing- worse. That pessimistic stathe by sion is amply supported tistics. Business is not getting worse rapidly but the trend of the indaxes Is undiubtedly downward. April was an exceedingly disappointing month. Attitude of many experts is reflected on April by the Annalist, which said new the pump time the 29 that "by effective becomes program priming at (assuming it becomes effective so depressed that be will business all), any' probable stimlus will merely result In raising the business index to a level little (if any higher thatan-it was when the program was first nounced." Looking at the picture from the statistical point of view, the business activity graph in Business Week for April 30 provides some illuminating comparisons. At that time, the general index for the latest week ed stood at 58.1 as compared with 59.1 gS.4 for the preceding week, and month previous. A fnr the week a was at 77.. The index the year before, was 66.3 average for the years 1933-3now is operating at Thus, business a level substantially below even that average, which included three years of abject industrial depression, one fair year (1936), and only about seven or eight months of comparatively pros peroua times (Jamnary to October, 7 1937). Equally serious is the fact that the decline has finally reached practically all lines of activity not just a limited number, is wa3 the casj when the current "recession" began. Extremely severe drops have occured In electric power production and freight car loadings a fact that casts a great deal of light on the retrenchment taking place throughout all industry and commerce. Steel is down again, with prospects for the Immediate future dark. The automobile industry is large ly in the doldrums, and it is reported that plans for 1939 changes and innovations have been abandoned by some makers. In all the basic industries strongly favorable factors, either for the long or the short pull, seem to be almost entirely lacking. Industry tried to gain some cheer from the President's recent statements to the effect that he wished to cooperate with business leaders. However, there is only a tenuous hope that anything tangible will come of it. There have been many "conferences" in the past, and none have been fruitful. Summing up, the outlook is for lit- - A great many Americans are tifiabiy confuse! by recent events abroad. The meeting between Hitler and Mussolini, in which the two dic- tators toasted each other and made fulsome pledges of friendship, comn ing so soon on the new England-Italiamixed further up has agreement, the European crazy-quil- t. Most of the experts are coming to the conclusion that Mussolini is playing both ends against the middle. He wants to avoid trouble with Germany. He likewise wants to avoid trouble doesn't He with France and England. know what countries would be strongest in the event of war, and he naturally wants to back a winner. So he is setting on the fence. And in the meantime, England and France have lately completed an agreement which is regarded as being of tremendous Importance. Under its terms, in the event of war, Paris and London would work together toward a common goal. Their general staffs would cooperate, as would their diplomats. As Dorotny Thompson puts it. "It really amounts tn pstahiishine- a common armv. a common command, and a common for eign policy." Th sreneral tendency of recent events is to isolate Germany, and to make it exceedingly dangerous for Hitler to attempt the conquest that everyone believes he has in mind now that of Czechoslovakia, whose most potent allies are France and the U. S. S. R. The Japanese question has become less of a problem for the time being Japan is finding the going very hard in China, uid she is too busy there to adventure elsewhere. And most authorities feel that even if she finally subdues China, which is by no means assured, she will have to spend so much in men, money and materials that she will be left enervated. Vitally important will be the next English general election, which must come before the end of 1940. Chamchief berlain has many enemies among them Winston Churchill, most brilliant and unpredictable of the British statesmen. Curch-il- l present-da- y is a strong backer of Eden, who is toray playing tennis, painting wa- tercolors, and saying nothing, 'I he fireworks are being prepared and the outcome of the fight may revolutionize British foreign policy. 18-- 3 j Suo AtUr Com-binin- g - demure- jus- - IIIE 19. I I r nes3 with danng. this sharkskin plcy suit is cl beige color with shorts and new bodice t o p with short pulled sleeves. ( ' rV I f f : ; J. To Cry or Not;J to ury Miss Virginia Calder, rather seems perp- lexed, and the tears begin to drop. A Friendly Warning That s what this young lady is giving you, Mr. Motorist. Why? Beis cause May National Tire Safety Week. Then,- if not before, according to the Rubber Manufacturers Association, you should replace old, smooth tires with sale, new V I "t ; . i . K I Xt 1 V"' J ' V ' '1: "VI ''I -- i I ie!- Champion Shaver J ' - ' Hardie, 70, shaver since 1894, hasi shaved people with a Bob champion blindlolded, or a carving knile, and is still ready to meet all comers. pen-knil- e Million Fifty-Fou- r Fertile Acres Lost, Says Soil Expert accounted for the destruction of acres of fertile land, the writ-- , er reports following a nation-widsurvey conducted in conjunction with Only 100 years of usefulness is left the United States Soil Conservation in the soil of the United States and Service. only 20 years In which to halt the "Four hundred million tons of val ever widening erosion which is des- uable topsoil through wind and rain troying millions of acres of land thru-o- is washed into the Gudf of Mexico the nation each year, estimates every year. Russell Lord, farming expert and ag"Soil erosion," the writer continues, ricultural writer, in an article "Watch is not solely a farm problem. Exces ing the Farm Go By," in June Cos- sive erosion deranges the continental mopolitan magazine. water system, dries up wells, silts farming, bare fields un- up reservoirs, halts navigation in rivprotected against wind and rain have ers and harbors, kills fish with the grit of muddy waters, stops with grit the great electric dynamos. Everyone suffers when sail runs down. And when a great body of land like ours begins to go dead, its ill tre not separate or simple but infinitely mixed. Soil, air, sunshine, water, plant, ani mal and human protoplasm are all pait of the same going concern. "The battle without guns which Hugh H. Bennett, director of the Soil Conservation Service, and his rangers on fate- - b are conducting is in its fourth year now," Lord declares. "Over 80,000 .LowCostMoal" CCC boys are helping in the fight which extends over 50,000 farms and 200 watersheds. Not much has been done. We have started late. Enough has been done.however, that with a e' j widespread change of farming meth ods and a retirement of the most erosive crests or 'blow' spots to per- manet grass or forest cover, acceler ated erosion can probably be ut One-cro- p PLAN YOU Costs of public relief in March continued the rise recorded for the 5 to figpit ceding months, according ures issued today by the Social Security Board. Total Federal, State, and local costs incurred for aid to the needy in March, including earnings under the Works Program, amounted to $234,800,000, an increase of approximately $18,000,000, or about 8 per cent, over the total for February. Figures reported by the Board are compiled regularly in collaboration with other Federal agencies and State and local authorities. The March figure includes amounts for the various programs as follows: Public assistance to the needy aged, to the needy blind, and to dependent children from Federal, State, and local funds under the Social Security Act, and other public assistance of these special types, $41,244,000; earnings under the Works program, including the Works Progress Administration and other Federal agencies through which wages were paid to persons certified as in need of relief, $124,528,-00Civilian Conservation Corps, subsistence grants under the Farm Security Administration, $2,- 583.000: eeneral relief in cash and in kind, by States and localities, These sums represent substantially all public aid received by the needy, with the exception of aid to transients. Administrative costs are notincluded. On the basis of repoits received by the Board it was estimated, after allowance for duplications, that in March approximately 6.3 million different households, probably comprising about 19.9 million persons, received public aid of one or more of the types mentioned above. As compared with February, there was an increase of 5 per cent in the number of different households in receipt of public aid. In each of these major types of public aid except the Civilian Conservation Corps, costs for March were higher than for those in February. There was a rise of nearly 17 per cent in earnings under the Works Program, while subsistence grants under the Farm Security Administration increased by 4.4 per cent. General relief provided by States and localities for March increased by less than 1 per cent over the total for the preceding month. The total cost of Federal, State, and local aid to persons in need for March was about $16,757,-00- 0 above the total for March 1937. It was emphasized that the figures reported indicate only the amount of aid provided and are not necessarily a measure of the extent of need for relief, since in some communities funds may not have been available for aid to all persons who were eligible to receive it under Federal, State or local programs. According to reports from States cooperating in public assistance programs under the Social Security Act, costs of $40,353,950 were incurred in March for payments from Federal, State, and local funds to recipients of e assistance, aid to the blind, $47,-887,00- 0. p. ' : V, Jacob's Well Still There Babylon was utterly destroyed but there are still ruins to establish the earliest site. What is said to be Ja cob's Well is still In existence. old-ag- ,,"'. appro, v . 0; - and aid to dependent cUm n" March there were l 656 0'3 e of assistance in 'it feciplr--.- i District of Columbia nU2AU'3 . tie wan. comprising cent of the estimated popuianL 65 and over. The average ag'" per rec ipient was si a on ,PayD-month, ranging from SS4' in t sissippi to $32.67 in Califo states, Hawaii, and the niJ" WSt Columbia, making pavm,,,. nct f the program for Mai, :, tended to 36,423 blind perso average payment for the 523.98. In 38 states, the Columbia, and Hawaii, aid wa. vided for March on behald of -' dependent children in 231 663 fai The average monthly paymerf $32.45 per family. old-ag- 0; 14-2- 1 1. RISE IN COSTS OF RELIEF SHOWN IN REPORT OF BOARD t ' dS 5- SUCCESS OF NEW f FARM ACT HINGES I ON COOPERATE ' "If the farmers of this count ly see their problem and get Lv the present effort to solve that nrl lem, we will win; if not, we lose." N. E. Dorr chairman of Oregon state conservation commit told Utah farmers in a recent of meetings conducted under the picies of the Utah State AgTicuw college extension service. "I hate to think what failure I solve the farm problem will mean1' American agriculture," Mr. Dodd sisted, pointing out that co one 1 will make any effort to solve the problem except the farmer the success cf the program direjt hinges on the cooperation which rjr J J people give. Under the new farm act, the ct servation program goes on almost l same as for the past two years Dodd said. There will be slight cht ges, but payments will be on the s$ fundamental bases, either a shift fd to soil-depleti- if of on the farm land or the certain approved practl "Under the new farm act as pal last February, the farmer who r4 wheat will be eligible for a spat payment, crop insurance and goi ment loan privileges," Mr. Dodd a "These payments and privileges! come if the farmer does his part ward assuring an adequate food ply and helps to carry out the visions of the 1938 program." Because prospects for a good price this year are not particut bright, there will be a series of reage allotments set up under the! act, Mr. Dodd explained. These be designed to limit the surplus'; insure a good return to the wheat! f ducer. Meetings in the series were he Nephi, Provo, West Jordan, Tref ton and Logan, and Mr. Dodd 4 guest of the state conservation! mittee. By profession a farmer, Dodd has been influential in sha the governments program for I relief. soil-savin- 6 ante g Mr. w! m R: te May Be Few of Then f "De smartest man," said Unclelts "is de one who remembers dat maj he kin be fooled some time or ol jame as other folks." and cleaa Ho X ...... . Tffie ards-Non- 1 e"- ., 'rv. 4.a&s'- i " Jt , ;elaxed-nv- eie . .oltUuemgwliqWs. YXMft liuu ?ei Dr. Wiles NERVINE "Did the work" SEE cCom. n .A ':':;. says Miss Glivar tasic HIY DON'T YOU JLUX PACIFIC LIMiTtu i T io evening departure Rowing TOlP FARES MxmngLoA LOW nouruL- - l Pullman In TO LOS 1.rk.caj, ANGELES! $36.09 $r,.U i i Touotl SlMpcrt CMC TO $48.43 CHICAGO In pultnv Carl $60.78 iJCIil fl . QUW"I i cih:KNT, Ascnt ii.' l!l cam i their , After more than three months 6- of suffering from a nervous ailment, Miss Glivar used Dr. Miles Nervine which gave her such splendid results that she wrote us an enthusiastic letter. If you suffer from "Nerves." If you lie awake nights, start at sudden noises, ttr cas'dy, are cranky, blue and fidgety, your nerves are probably out of order. tjuiet and relax them with the same medicine that "did the work" for this Colorado girL Whether your "Nerves" have troubled you for hours or for years, you'll find this time-testremedy elective. At Dru.T Stores ?5c and $1.00. ed - ive St lwei PERFECTED More than 3 out cf every 5 motor car buyers today are choosing sixes. And, of course, the most popular six of all is this new Chevrolet the Six Supreme I Discriminating people prefer it because of its high quality . . . because of its great value . . . because it's the only car with all these fine car fecturesl low-pric- fiptioi HYDRAULIC BRAKES 85-H.- P. 7- 5r ENGINE sch" ILE this GENUINE tdthij BODIES , T, ed SH0CKPR00F TIPT0E-MATI- C -' Vision VAIVWN-HEA- STEERING -int of CLUTCH "You'll be AHEAD with a CHEVROLET!" FliONK CHEVROLET CO. Trcmonton, Utah Bhonc BE 2 Sch fof Si I i 1 .Ta |
