| Show ti wLiir ttiN &kHwj)Mi vmiLi uLs n THE SALT LAKE TRIBUNE MONDAY MORNING AUGUST ECONOMIST SEES BUSINESS UPTURN you link d 85 than E?ven Gloomy News Now Points Way ward Says Fisher cenp gopballots COOK-COO- S (Copyright IN COLORADO For- Denver Attorney Places First in Primary Senate Race By IRVING FISHER Professor of Economics Yale University vera ’ath- - ‘ DENVER 7 (P) — Aug Republicans NEW HAVEN Conn August 7— The wide range of effects at their state assembly yesterday of the depression is evidenced by such recent events as the gave the high designation for United exciting German elections the enthusiastic Ottawa confer- States senator In the primaries Sepence the League of Nations invitation to a conference to solve tember 13 to Karl S Schuyler Denver attorney the world's economic ills the begln- -' Schuyler received 509 votes as have we which from vicious of camthe American ning poliUcal spiral against 489 for State Senator Nate of most three suffered lor years paign centering on the depression of prices means for C Warren of Fort Collins the advance In the bond market stock theAn increase an increase Observers believe the withdrawal of profits market and commodity markets the or producerout of losses That in turn of United States Judge J Foster British refunding of the national debt means an increase of business activ- Sym? who placed Schuyler’s name the expectation in some quarters of strengthened Warand a decrease in unemployment in nomination an American building boom the rep- ity of prices tends to save us ren’s cause since it was obvious that This rise aration settlement the new spirit of from the two great evils of depression the forces of Lawrence C Phipps King Feature Uf in L i£r iard6tS®SmBtAVri!jp' And Moronia says she is making Rhine wine from watermelons im lw 8 1932 By Ted Cook BELIEVE i ii nuti 5 IT OR NOT By RIPLEY Syndicate Inc) I A Mighty Fine Body of Men " -- ten-ce- ‘fr-- si SOUARI FAMOUS LAST WORDS If you were half the man you think you are you’d be twins fry PAUHOmt Harry Williams Jiwia N Ring night bell EXPLANATION OF MftRDAY’ TOON SlamblM Ar FmW la 014 Since a steamship cannot store enough fresh utter within lt hold to aupplj the engines for an ocean voyage it Is necessary to condense the used steam back luio water by means of condensers which are cooled by the ocean water to be The condenser most efficient mint be kept cool enough to allow free exhaust from the engine Hence when the ship U sailing through r cool waters the end‘ pbr working mor perfectly than when they are being cooled by warmer tropical waters that cause slower condensation of the exhaust steam and a back preasure on the engines When steamers are powered by turbine engines more efficient condensation of exhaust steam Is required than In the rase of re- (he ciprocating engines Consequently warmer sea waters tend to decrease the efficiency of a turbine more than that oi any other type of engine Tomorrow— -- “Lest a Race With Na Com- THAT OM HOPS 2 LlCS and a Tail 0uki4 WAS INCLUDED OF THE THe ATHLETIC COMPETITIONS ancient Cymric games by PWHermr Elkhart Or A BlRCM caew up W In i?R kmj Foratf! Inf TRIL tmhooor a Ax BoHon Vt ss IPuirt njMi ( petition" Bum Voyage ' RATTLE OF BLOCHS AMO OM ERft TlOS TUB SHIP MOVING A SILENTLY OUT TO SEA MELTS INTO TWg NIGHT CARWING "DADDY AND TRDOE OUT OF ANNIE’S THE TRIBUNE Information T Authors writing for the picture Turn out some confusing mixtures LITTLE ORPHAN ANNIE t jj rfi LOS ANGELES — Visitors here from all over the world for the Olympic games have a good word for the BULL-ETI- N Los Angeles police department man on Mayor Porter’s force It Is much more difficult to over- Every has grudgingly complied with his lap the barriers manifesto in favor of courtesy toward which Traflic officers are even strangers throws wearing boxing gloves as a gesture path than of hospitality And as a special courthe grade tesy police wear boxing gloves durclear track that ing the first ten rounds of every third penury yields” degree administered to "out of town-ers—Charles Caldwell Doble Furthermore Officer Blotzen-heime- r has been awarded a citaRevise — tion for extra special super courAs the Maine stein song goes o tesy He took off his coat and pants and gave them to a stranger who had goes the nation 4 lost his shirt betUng Bgamst the GerBe that as It may Dr Charles A man gymnastic team Blind lectures on eye ear nose and throat for the State Osteopathic assoNever Satisfied ciation (Classified Ad — Swaps) Onward and Upward VITA health machine nearly new for home moving picture outfit H (News Item) C Fife 832 S Broadway chairman ’Miss Lucille Stoddard of the Dancing Teachers’ congress said that the dancer of 1932 to be in Says Genevieve style must press his nose against his the kitchen cynic: partner’s drape his hand over the Moat gals are easgirl’s neck and swing her body away ily satisfied They from him like a seal f" just want to lead WTiat color scarf? their own live and somebody else's fella" - factor “ML n s Rudy Vallee insist that eome day' I call my sweetie “Grapefruit" he will run for congress And here’s the reason why — Threat or promise the fact remains Every time I squeeze her he could organize a jazz band In the She hits me in the eye house He’d have plenty of fiddlers former U S senator and William V optimism the tragic ending of the —bankruptcies and unemployment bonus expeditionary force at WashHodges who are backing Schuyler Safe Banks had difficulty in keeping their deleington the communists’ whispering fearful we were few A weeks ago campaign against the banks the opengates in line The Republican candidate for gov lng of mills absorbing a few of the lest the savings banks or the insurance companies should be forced to ernor will be either James D t many unemployed Most of these are Interpreted a dump their securities and further Denver city attorney or War favorable signs The sentiment In weaken a weak market and involve ren F Bleecker former Boulder America has suddenly grown opti- tlie whole country in ruin But now county legislator Parriott was high mistic and since the common opin- bonds are up 20 per cent' in a few man with 519 votes Bleecker reion has long been that ‘‘as soon as months common stocks are up 41 per ceived 321 confidence is restored’’ the depres- cent in three weeks and commodity Only three candidates on the Resion will be overcome the existence prices are up week by week (ac- publican state ticket will be without cording to my Index) for six succes- primary opposition y of some opUmlsm generates more sive weeks with a total advance in Sometimes Misled cent 3 that time But we have often been misled by While weof arepernot yet out of the Returns Leave Result of i gudden spurts of optimism and the woods and may still be forced to Miners’ Vote in Doubt public Is wary of a movement which turn bark by some new Insull dismay prove to be only another false aster of Krueger scandal or big bank SPRINGFIELD IlL Aug 7 (IPh-T- he start If it were merely a matter of run certain it is we have made a real outcome of balloting by Illinois optimism we would be justified In start at last toward “turning the miners in a second referendum protaking the present claims to recovery corner" In fact while it is far too a $5 daily basis wage rate with a grain of salt Optimism with- soon to be sure of anything it is not posing was in doubt tonight out any fundamental economic basis at all that before we realReturns from 118 of the 240 locals would turn out a delusion and a ize it impossible “reflation" now so indis- In the state showed: For ratifica the snare Fortunately however there for the recovery of business tion 13353 against ratification 16992 A doctor Is labeled M D are this time substantial foundations pensable may be so overdone as to turn into a A similar proposaUta- fix the basic And Maryland likewise per ee for optimism inflation wage at $5 met decisive defeat In a Be that aa it may First and foremost the banks are dangerous I hasten to say It is true such a danger Is still far referendum three weeks ago Balnow ready to expand loans to such off — months and possibly loting was heavier In the second vote It means Marlene Dietrich to me n customers as are available Their years certainly — but it is not too early to be taken —Bill Wiley yesterday and John L Lewis unusual preparedness is due (1) to on our guard In particular the fed- International union president three months' effort of the federal re- eral reserve system which has so and John H Miners’ Walker and district A presiDepartment serve to pump a billion dollars into Q failed to be prompt in dent expressed hope the scale would the member banks by purchasing se- conspicuously Dear Sympathetic Aunt Bella— the last four or five years should be approved to recent of curities them (2) the Can you explain to me why I am al be on the alert And all of us should The referendum climaxed negotiGlass "inflation” bill under which beware of getting too deeply in debt ations between union officials and ways being annoyed by strange men? rational banks are preparing to is- Long depressions — Anxious Blonde like the present operators at the lequest of Governor sue hundreds of millions of dollars of when do make the upturn often L L Emmerson after mines halted they — new to the notes the of I and Aus can will Merely a end efforts (3) w make it suddenly and In this case we operations upon expiration of the old two bits in three billion dollar Finance Recon- may especially stamps for Auntie such a result wage scale of 36 10 March 31 expect B’s pamphlet always mailed in plain struction corporation to extend cred- because as never before we have it to banks railways and others (4) been applying governmental wrapper and French President Leads to the plans of the federal reserve — Aunt (Helping Hand) Bella efforts on a large scale to banks under recent legislative au- banking force the upturn While the upturn At Verdun Ceremony thority to lend directly to individ- cannot come too fast after It comes it uals partnerships and corporations can go too far 7 easily Aug VERDUN France (5) to the tendency of banks themAlbert Lebrun inaugurated selves to become more liquid— pain1932 Index Number (Copyright huge ossuary at Douaumont today ful and destructive to business as this Institute Inc) and was made an honorary citizen of ’ has hitherto been OFF AT LAS- TVerdun which he helped to defend Situation Better In war time NOW FOR HIGH Another He was accompanied by represenfundamental LIFE ON THE of banks the hands the tatives of the allies and associated strengthening HIGH SE ASis the gold situation There is no powers including Philippe Roy HE Y- WHERE1S Canadian minister to France Percy fear of great gold withdrawals HE TAKING (longer and the fact that most other S Straus delegate of the American US? HE’S AIMING countries are off the gold standard committee for the at ossuary spoke What states did William How- the STRAIGHT FOR makes less demand for gold Gold Q Taft ceremony ard THAT UUNKY carry in 1912?— V D Salt production Including the new pro- Lake OLD SAILBOAT- duction of Ontario has been increas- - A William Howard Taft carried ing and India is yielding up some of two states in 1912 They were Utah TODAY’S her hoards The hoarders of gold and and Vermont He received but eight other money everywhere are return- electoral votes ing to circulation some of their hold ' ings and will return more as confl-- - Q I have tried everywhere to dence returns As these hoards filter find a verse that goes something like through the banks to the federal re- this “One more unfortunate madly Monday’s astrological forecast la for serve banks they become the basis importunate" I do not know the quo- extremely lively and strenuous ac for further credit expansion Besides tation from there I don’t know tivities both In private affairs and idle money there Is much idle credit whether you can locate this for me in business There is liable to be in bank deposits ready at a moment's or not with so little Information more than ordinary pleasure and so notice to get to work and again turn about it but I will appreciate cial Interest stirring in domestic and over at the normal rate (some three your trying— W C surely romantic affiliations with particular Ogden times the recent rate) A The lines which you give are stress on the latter All the faculties Finally with all this potential buy- found In the poem “Bridge of Sighs1 " and energies will be under high stiming power ready to serve business by Thomas Hood however your quo- ulus although there may be some tenthe business to be served is at present tation Is not quite correct It should acious obstacle impediment or hosso meager that it may be flooded with read: New tile circumstance to vanquish of prices money so that a great “One more unfortunate contracts and affiliations and specumay be the first effect This rise of lation should flourish Weary of breath I prices increases the money value oi Those whose birthday It Is are at Rashly importunate everyone’s assets while his liabilities Gone to her death" the threshold of a lively and pleasant So or debts remain the same every year with great activity in business debtor finds himself in a safer posiWhat Is meant by the word as well as Q private relations There tion with less danger of being foiced “spot” when used commercially is a sign of unusually stirring events to distress selling which has been Thank you very much— M K Salt in domestic social and affcctional asthe chief mischief-make- r since it first Lake New arrangements consociations started In the stock market crash A The term is used in quotations tracts and negotiations with corpora on commodity exchanges to indicate tions Want to Buy mergers and secret bodies Is deice immediate for the that pi should thrive despite hostility or Instead of having to sell the pubstubborn obstacle A child born on lic are now wanting lo buy An in- livery and cash payment crease of over ten billion dollars in wrote Who "L’Ecole dei this day will be lively resourceful Q the worth of the stocks listed on the Marls?"— G H Idaho Falla energetic and constructive in both New York stock exchange alone A Moliere The name means In Us business and personal life Notable nativity: Sylvia Sydney means almost the equivalent of ten English “The School of Husbands movie actress billions of cash to their owners That It is a comedy add-ed much potential buying power Is EGYPTIAN PRINCE DIES to the country and tends to inQ How high Is the Bridal Veil crease prices further TOULOUSE France Aug 7 T3— full In Yosemite Cal Thanks If nothing untoward befalls in the A The fall is 620 feet Prince Kemal Ed Din Hussein nephew ’ immediate of the king of Egypt who renounced future to upset confidence la loWhere react of station will this radio KSD Q rise hu succession to the throne In 1917 prices again — R C confion business cated? on and died yesterday He was 57 year old Magna favorably A Station KSD Is in SL Louis The prince was a former commander dence That is we seem to be ready in the Egyptian army for reversal of the “vicious circle or Mo Par-riot- t iv! 1831 WMtSltiMstifc ufi- - rr man ee for months ano rr nw ee - fcwevew- VI - “3 HOROSCOPE WINNIE WINKLE THE BREADWINNER Room for Improvement ne AD THIS IS MY room' VElLTHEKiS VnS A40C8 TRAN IKE OCEAN TO BE CNERLOOKED IN THIS ROOM BELIE Y8 ME J BRINGING UP FATHER an’ ciKKrrs - if1 ivs I Will MAKes eeecrD vvc it possible eon you By VWBN I NO George McManus ELECTED vouLl sere a lctt op NEW MOMEV IN TO F4RK VOLK AUTOS U HWNT OT AH’ IN FHJONT VtXJR CWN HOME P1PTT-- HTCACANTS Ak I tNTBNO THUS TOWN 3UST WAIT UNTIL IVS N or TO INSTALL MCMSBUE FRg- - BUT WH AT AK WE TO DO WE r HAVENT GOT AN AUTO hwenV SEEN ANT or THE olo HYCXANTS — WE tAONey - t'rWcVw ? p JKniS I SAW VCXJ IN" THAT CKOvVD ON TUG I COKNI- rse- - movV Uo VCXJ GASOLINE ALLEY " LIKE 4AV SPBEVCH 7 3JtAwwm6 Benedict AAfZOEO WA4 COMMAND W- Some They Have Improved T-"V— Oven moo mcn to pfiAve of who nr os Ne TRACKLESS wm0 OF MAINE AND ATTACK GfcS I 1 WALT imglao SOME boDm I tmOUGhT V eou0 00 - fL'ir j- - X TO FOP THE BHtTISM AT QUtBLC ARNOLD ALTHOUGH Hit COAO WAS TO BSi BtsMmcHtD later was A DBTCmaiNt D SOlWCB IN SFGB OF OBSTACLE V F6VTR FATIGUB AND MB DESERTIONS BROUGHT MOST OF H ARMY THROUGH TO TM6 ST LAvvR SMC 6 FIVE A ttUKlaf Fe4f S)Mlh Hr lltf OrrH iHlili (lMl ftfFii M hi L |
