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Show , j. NEWS SALT- DESERE' , 0,...orNst , g ,.,n" oI "...... ProrrIP at VIER A ' 1 .., , " 1 0.A.31:2 A ,r, 17:.71 7:" .r 7-- - -- 7- 1irTanza:Wercal 010:4:41.,Ffkpe..4r000.49 0E5E12E1 :TZIT, 142 1laa. ,111 We Stand . ATrealyOfFnendship treaty between Italy and Great reassur, Britain Is the one soothing and the troubled developinto ing note Injected or two last three the Europe during years. There is basis for hope that it will tend to calm the seething waters, to still the strife and restore ,at lewd a semblance of those who view the trariquilityalthougit the future realistically will not present and 1.41hen final confidence. excessive to yield e reached between the two agreements-werput to countries, expertswere-straightwawork drafting the formal document to be Initiated within a few daya Besides renewing the pledges of the fated 1937 "gentlemen's agreement," the chief points of the new treaty were understood to be: (I) British recoirnition of the Italian of Ethiopia; (2) Italian withdrawal of troops from Spain upon the close of the presmutualrecognition of British and Italian iriterests in ,the Mediterranean; (4) reduction of Italy's Libyan garrison to Peacetime basis; (5) agreement to refrain from radio propaganda against each other's THE . , . " : ... : coo-que- st - enC-yea1- colonial interests. Without waiting for formal signing of the pact, Britain took the lead in carrying out her first major, ,nc essiontoita1y , that Is, starting League of Nations machinery working to obtain recognition of the conquest against which England herself led sanctions In 1935, and thereby brought the break with Rome. In a letter to the League, Britain azdted that the question of Ethiopia on the agenda of the League Coon- - be nut ell meeting opening May 9. Geneva looked on this move as a' poscible forerunner of Britain's effort to bring Italy back into the , , A -- League. : f - , I it z - ' ; f o In an era when treaties, agreements and International arrangements in other forms were entered into in good faith and cornplied with religiously, this new pact would have represented a memorable diplomatic achievement and a vital accomplishment in the Interests of peace. But 'of late, years treaties have become literally nothing more, significant than scrape of paper. They have been kept Just so long as it was expedient and advantageous to keep them. When something, was to be gained by scrapping them they were broken with Impunity. Nevertheless, Ibis treaty of friendship will-bhopefully. Temporarily, at least, it relieves a tense situation and removes somewhat farther into. the distance the prospect of war. This is important and . Jnstifies Prime Minister Chamberlain in findiriusome measured f satisfaction in his policy of "realistiC dealing with the problem of the Fascist menace. England hopes that the treaty will not only.settle all outstand ingdifferences between the two countries, but possibly it may. have an effect in weaning II Duce away from Berlin. But the new agreement may not break the Borne-Ber-lin axis. Indeed, Britain may not desire this at the present Juncture. The treaty gives a pledge that the two powers will guard the Eastern Mediterranean against the penetration of a third power. Thisis of immense importance as it means In effect a curb against Germany. It is implied also in the accord that Britain will use her good offices to ease the strained relations Ik!tweeti France and Italy. e ' : o4, i 1$ ;!! tz : Why Retail Merchants Fail 11 ; : , - : 1 , ? COMPETITION, from chains or other stores. is an insignificant factor in the failure of independent merchants. This 8tatemsnti goes soinewhat against popular conception; but it is supported by impres sive statistics. According to Dr. Julius Klein, the economist, 33 per cent of failures are due to lack of capital, 30 per cent to lack of experience, 34 per cent to various causes, and only 3 per cent to competition. Dr. Paul H. NYstrom. another noted authority on merchandising, estimatee that 75 cent of all business failures may be at- tributed to incompetence. intxperience, and lack of capital. The United States Chamber of Cornrnerce attributes 372 per cent of fail--ures to lack: of capital, 31.4 per cent to in competence, 4.9 per cent to inexpetience, and only 33 perU cent to competition. Extrava gance, unwise credits, natural disasters; etc.. account for the balance. The Federal Trade Commission recent, ly investigated the underlying causes for the failure of 167 stores in 30.communities, and found that competition had beets the major. cause in only eight cases. ntiot be a coincidence that these four Independent SUP, veys reach almost identical conclusions. The adequately-financethrifty, efficient and ex perienced merchant need have l4tJb fear of competition, or of failure from any other cause. Benjamin Franklin's idea was that the man who was diligent and made use Of intelligent method; in business "might stand before kings." well-know- Iper - I r. it I le : - ;Ira t ' -- ' - PAGE NE: -- 5ta P' A.. 11."104' 0 T I For The Constitution Of The United States With Its Worthy Of Praise ; .p Three- everything it can with its moral Influence to prevent the 'outbreak of war. Certainly the growth of world trade so sorely needed by tho United States would not be served by a European :war. Even though, therefore, the president's statement would seem to beOpezi to the inference that the United States condones the "Italian invasion of Ethiopia, it is far more important that Italy be awakened to the alertness of America's interest in what she may be planning with, respect to the peace of Europe. In the last war, Italy threw her fortunes on the side of the allies even though, when War broke out in 1914, she had a definite alliance with Germany and Austria which, had been counted upon by the Berlin authorities to be of 'avail to the'M when war been a remarkable unanimity of opinion among newspapers of the nation concerning the decisiv action taken by the New York Stock Exchange.in the case ok Richard Whitney, the broker who Is now in Sing Sing for misappropria- tion of 'funds. It was the Exchange which discovered Ile peculation, gathered Statement ,31gnItzeant .3 TIIERehas 1 BY DAVID LAWRENCE Ir -sruspended,bim-luid - turned the case over to the proper author. ALI 0 that isdropping a policy you now have to buy a new one in another company. Such a warning is always timely. When a change of policies Is made in this manner, the holder of the polky loss 99 times out of 100, particularly if the policy dropped has been carried for a few years. Time Js the essence of a life insurance contract Cash values, loan values and other benefits are built up over years. And the older one is, the more a policy costs In premium rates. A sales agent may probably seek to hide these facts--b-ut they are facts nevertheless. In life insurance, you get what you pay forand if you discard a policy you have been paying for over a period of time you cannot gain. Reputable life insurance companies will not knowingly keep a "twister': in their employ, because he is a menace to the security that life insurance seeks to provide. Beethoven's Ideas You will ask me 'where I find my ideas. I hardly know. They come uninvited, directly or indirectly. I can almost grasp them with my hands in the open air, In the woods, while walking, in the stillness of the night, early in the morning, called up by moods which the poet translates into words, I into musical tones. They ring and roar and swirl about me until I write them down in notes. reporting Beethoven. What you dislike in another, take care to correct in yourself.Sprat .4C711 SA 40- - 'AMIPO"..774LIONot '211 job. :IP , llgiVe---15- grow' )14"......-- 4 doo$10.t Chan, Malmo la Indianapolis News. Who is gonna prime this pump? Editorial Comment Cid The Pages! Three books stood straight, side by side, on a public library shelf. Three dusty books I had read years before in another liI took the first of the three down brary.. and blew the dust away and opened the book. I remeMbered what was In those books. remembered the deep enjoyment I'd had from reading them, in other copies, and I wanted to revive some of that pleasure by browsing through, turning the pages over and over, hunting for the purple passages I remembered. But I found. as I turned the pages, that they had never been CUT. Nobody had ever read that book. It was made, it was sold to the library, it was catalogued, and placed up on the shelves.... But the librarian had forgotten to cut the pages, and nobody had read those books. They were the record of a wise mans reflections, of his thoughts during a long and fruitful lifetime. No love stories. No jaiz. No scandal. No trivialities. But magnificent. stuffand ncK patron of that library knew what was in those books. Weil, books aren't the only things that lie on eheives and gather dust. Other Things are neglected, too Talents are left to gather dust Impulses We are ignored. Dreams are forgotten. foret to cut the pages of Life., We think we are getting everything out of life, but we don't knew what we are missing. Somewhere inside Of us are power and magnificence and meaning, but we do not know it. Somewhere are Magic and Amazement and Joy and Possibility, we haven't cut the pages. In friends, in 'daily lives, in ourselves something may be gathering dust, but we do nothing about it We have not cut the pages and perhaps we never shall. And it's a pity, because a human life can be more fascinating than a book ,if we but knew it, and we should not let any part of ourselves go dusty to the grave. Marshall Maslin. and-says- OVER THE 1 -- - y Bayne-Powe- - Bayne-Powe- ll I , ." ,' Okt TRP11 t 1 PA, , 011;t:- ,4,4,,tc;11.--eskt- 1, ta,;,, g V ,a J All i k itoul:' 0 , im, GORGE -- 0 -, li; 'V SCUM ro 0 Pe . frINII wisitIo , I , Whila courtroom boalen lor the Royal Gorr wear stilt Is progress, :was surveying tr;rery pce: carps at engineers cmd e4larent allot location across the Continental Divide. Laughing at cicmger they a ntarniriath surveyed routes that conquered the presrunably insurmountable haulm' at precipitous slopes petpendicular cliffs and jawed rock swill& As modern trains ma duragh token! canyons and mountain passes. the 1 thoughtful passenger. co:kiled with comb:rt. pays homage to these pico Deer engine. It Wel their patience. loyalty and daring courage that led gleaming rails through the Rockies! Came the 80'el Freed from Blitystke. and with its tracks through the Royal Gorge. the Iticianti ade began an unparalleled commtign of west. trard expansion. In the period frOla 1872 to 1880. only 337 miles et track bad bees constructed. El Moto (near Trinidad) to the south. Mamma to PART FOURAle : senor the southwest andCanon Qty to the west, were terminal points. By ilastonosiv po;fivair. N Irmuctry 1, 1881. mileage was more them doubled. Feponola and Mama, At Gwagedge it: N. M. Salida and Leativille. Cola.. wet new Rio Grande traMier torm dewlap), The towering Continental Divide loomed just ahead! tam Jut.. . HSU The year of lastest Rio Grande expansion. during whidt 381 miles were added to make 1.065 utiles of operated lam. DUYIZKI this , eventful year Rio Grand. rails crossed the lop of the world. To Gunnison. via Marshall Pm 10.836 feed To Red era. via Tonsiessas Paw 10.240 teed To Dun:mg. via Cumbms Pass. 10,01S feed Loftiest beiglita ,,, of the Rocky Mountains along the crest at the Contiteracd 16vide becalm the magic gateway to the vale ern at western and southwestern lei My a few years before described as an larponetrerble wilderness.' Meanwhile unpreeedeated devirlopment in Utah was bringing to ire thrt prophecy thrd therdesert shookl- Dies Darras di Rio Gem& Western. dosely..affircned with the parent craw 1881 was fanned and is pony, te9aa unifyiag short discormected Ines. Sisal is gage. but mighty in its job. th e maw ;af7471 steel that a 9090 high waY by 1883 bourne a tborugh if ;1I ' fll41 if 4 A IX agrtle-otictio- in rim, - litoseont-awthe,rosse.- 0 fi A logy ' r - , . - rcerc!Ill t r , s. t t ,1510111114 i - q , - aoir 411111Mminif -- -. AMR itst------k4-di?Z"---1- -- - .S. IP t 1 1111 - - d - Colo-red- ' -- lot 1 a t.,. BY FRANK WINE Where could one find a more ideal oppor . ttmity to study human nature than in a second hand store where the customers are drawn from the world's unfortunate.- the scheming and the Here the ycollectors come to search - curious. rare hooka picturre. curios and relics thrown aside by the rapid advance of civilization and the change in human warts. It is a delight to find one proprietor of such a place who saw the beauty in his job and wrote a book about it. "Romance in a Junk Shop," by William J. Burt. cher. is an authentic account of what the deaj . era in east offs meet in their daily duties. Here is told the troubles with police over stolen goods. the things which have been discarded in the last few years and the opportunities for collection of historic things. There are interesting chapters on rare books, pictures, photographs. newspapers, curioa and many other objects now out of date. The effect of invention on such things as phonographs. radios and other utilities is given from a new. but informative angle and there are numerous stories of collectors. thieves and unfortunates. The book is written in a brilliant style which is easy to read and it grips the interest at the beginning and holds it fast to the end. Wetzel Publishing Comnany, Inc. of Los Angeles issue the volume of 24S pages which is priced at 1.2. 'Eighteenth-CenturLondon Life" by Rosamond and published by E. P. Dutton lit Co, New Yorlç provides highly interesting reading to the historian and general book browser alike. Illustrated. 33 pages in length. it offers at the price of S3.75 a good deal of stimulating material and luscious gossip about London of 150 Years.ago. Religious. social, educational and poiltical phases' are touChed. Old documents are used indirectly and to make the work authentic. The result is a clear picture of Britain's present metropolis. as Atstritiiatthat- early time One has. there. a splendid chance to reflect upon the growth and Improvement- that has taken place in various fleith of community life. A few of the notables mentioned are Dr. Johnson. Pope. Lord Chesterfield. Cowper. Gray, Pitt. Addison. Steele. GoldBach. smith. Mozart. Sir Joshua Resysolds. has done Handel. and Hayden. Mrs. a good jobin this work. 'I. I -; ' MEMORIES i I : - 1 .." The Book Rock t ; 7111, Icinity. and which has a capital approxi 'strut ture of S73,792-84- 1. Imattly the same as our own local tprivale company. l That company operates Editor The Deseret hews under', i Editor The Deseret New We are continually bombarded an agreement which provides a David Lawrence In his column of th scale the under we the Weal that propaganda of April 9 works twertime in a fu.wi enjoy slitiing rates In Utah and which any return to the company tile attempt to 'whitewash the fomecheeP electric do not deny thsti,in excess of s specified rate on its mow steel corporations. ow; attricty. A,Ve istabared with its custo-- ' the .61111e fell stroke. attempt ,o,ststement. but its implication is,valuationUnder this !reale ttic rates misleading. Let us,mers. becloud the bowel, involved in theinsiclious and since been reduced yearlyat the rates of another private-havoay:look recent N. L. R. ruling by OA Feb. 1st. t939. the coin- that of the cmPanY' aPc'wPr wee main not issue the that PettEte.0 ing '',iomac which 'oariv cut the rates to the tune of . Writtett arreement with the C: I; serves t h e nation Company s capita and vi - i iv.000. of which domestic coo. O. Steel Workers' Organizing Corn-- . 'sttmers get 3.3 per cent. conunercial - te consumers. mittee. Even the Scriptures. welfaeree to a wri tten working 2r, 42 per cent and federal MUs't bo as construed Ment are told. are not of mans private i algovernment consumers 20 per cent. clear an evade intent to Much less honest; al e, Dow does this total amount of re Interpretation. present economic- - conditions,- tattet,sPPlicatioa- 42-4- italicord of sod sheliteisiess-o- t the to-es and effects to be Interpreted tiviment and indicates that it does tiottal comparewith that of our local the prejudiced manipulations attd intend to live up to any agreeprivate company reduction and Its idivision of the total compare? private interpretations of a highTent. Another writer on this eubjeett Present rates of the Potomac paid press servant. Deeide charging the Steel Cm- - April 7. nye "Employee mlize Company for, the donettle conFirst, 60 poraCons with being directly re. that ordinal businesx dealings of.stunere "am ag follows: I.11 sponsible for the deaths of three any magnitude and complexity are!kwh 3.9 cents: nett 50 kwh. hum invobred in the steer strike. conducted through written agree. Cent. next 100 kwht 1.5 cents. How at Johnstown. Pa .. last year. thetments. They rightly fear that anItio these rates compare with those N.' L. R, R. charged the company fora) agreement paves the way foro the torsi rrrat e utility ;stogy with violating the Wartlfir Act hylprolonged haggling over what actu-- D ig up Your light Ms net' look itbem oven refusing to enter into a writteivaliv was agreed to." N-- A- - TENSr- - ' . agreement with its employee. :Thal to any one interested enough . Salt Lake City . company was perfectly willing litOte know both sides. it is no longer agree te an oral agreement but!netessary to depend wholly or in ' ' ' " - , refused to put it in writing. part on the private interpretaturA high- Sine when have Corporatioeslof newspaper controlled'-- ' Chatirrevery mile of States., deviated from hard and fast rulesiMeCarthys. ,. say in the united . --..- .. of demanding all contracts la erret4 Any controversy involving labor S2.000.000 t :oats approximately , ets-In& to now start doing busintenvdisputes. can be seeured in its a sh.rt twain to dam bv oral agreements7- - Its-- a- vale:tirety bit that Lawrence himself Is wol e- Labor Statistics. IL S.' Departmatt hafueshi. In .Labor oeby writing to the un- - Chrhtopher Columbus had red trig or writing under a I and intekate contract at Park City. Utah. be hair which tamed gray before , Tbe refund et big steel tol reached 30:: ,1'....A. VALENTINE. - ten-strik- e I !Electric Power Rates Compared - Today it looks very much as if Great Britain and France are strongly wooing Italy again, and this time the United States gets into the picture early to give Rome a would be better pleased if Italy stuck to her former allies. Mr. Roosevelt's statement is, indeed, unfor peace, precedented, but it is a and therefore,, deserves the widest kind of approval. n COMIWENTS ON THE NEWS OF THE DAY David Lawrence Article Scored 2L---F- n e .,1 . e '40'lle ts: - - Insurance executive recently warned A LIFE the public against policy "twisting" Cr - , I, Ries. The Pueblo, Colorado, Chieftain, commenting on this action of the Exchange, Sa 7he New york Stock Exchange is a necessary institution in the business of the nation and of the entire world for that matter. It LifeInsuranceWarning 3: itP I conclupromptly- has shown that it wants to preserve the functions for which it is intended by purging its roster of men who will not respect its rules and regulatkms, which are Intended to give all persons who wish to buy and sell securities on Its board a muare deal." A new ruling recently put Into effect by the Exchange, forces all brokers, on request of their customers, to submit complete statements as to their financial condffT17n. This marks another step in the work of the the public from any Exchange to protect fair dealings. It-I- s a hotable fact Ahat failures of Xs' change members for any reason have been extremely rare. When dishonesty appears, at it does sometimes, the Exchange moves straightway to punish the offender, whatever his position or prominence may be. a president WASHINGTON, April of the United States, or a secretary of state fc'e- that matter, to comment on a citiesr tiort which ordinarily would be considered strictly Europeans' is so unusual that its significance is bound to be discussed from one end of the diplomatic world to the other. While the statement just issued by Mr. Roosevelt says the United States ,"does not attempt to pass upon the political features of accords such as that recently reached between Great Britain and Italy," European to regard the very, governments will not-fa- il issuance of the pronouncement fromthe White- - HOuse as a sort of roundabout ap- proval of something which could not, for domestic political reasons here, be approved directly.' Why should America at this juncture issue any statement on the British-ltaliaagreement? Why should precedents of the past be broken? The chances are that American policy' at the moment looks more to the vation of peace in the world than the maintenance of any strict conformity to academic precedent. Looked at ohlectivelv. 911..,Pruidentss statement really means that the United States, in so far as it may venture to express any opinion at all, ranges Itself along, side Great Britain in effect, to Italy that this Country has a sympathetic interest in the efforts being made by Prime Minister- Chamberlain to keep the peace in ' Europe. From another viewpoint, the president's declaration may also be taken to mean that the United States is sympathetic with any effort that may be made to isolate the chief trouble-make- r in Europe, namely Dictator Hitler. His seizure of Austria has an otherwise passive attitude here. A realistic school of thought here is of the opinion that anything which may legitimately be done, even if inconsistent with past precedents. to keep Italy on the side of Great Britain and France is calculated to delay Hitler in taking the initiative toward a general European war. There can be no doubt that the making of a public statement commenting on the Angol-Italiaagreement was fraught with considerable delicacy of approach. After all, American public opinion could hardly be said to approve the seizure of Ethiopia or the abandonment of democratic principles in Italy- Itself. But expediency is often the basis of governmental policy in tangled world situations, and just now the most in? portant thing to the United States is to do " well-know- n y- ' -- 11111111111.:"Iir - EDITOL-111AL- M., Departments Of Government As .Therein Set Forth; Each One Fully Independent In Its Own Field , - pnJ tx . VI - ' ft,?.0:41) , 1,4 Ia ;17( er,1 II'S 1;;;; THURSDAY': APRIL, LAq qTY - i ... 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