Salt Lake Tribune | 1933-10-15 | Page 4

' OCTOBER THE SALT LAKE TRIBUNE- SUNDAY MORNING A 4 - Nevada Mart Goes Blind at UTAH REJECTS HIGHWAY BIDS SEENAS NEED GamingTable ON CARBON JOB LAS VEGAS Nev— While conducting a dice game In a Las r Vegas casino Saturday M S Jesse 40 suddenly was in total darkness Although It was totally dark to him patrons of the game continued to place their bets and the drone of the other dealers’ voices was audible as before Jeae called loudly for emergency -lights and someone laughed end asked him why he wanted lights with the place as light as day It Waa then he realized he suddenly had lost his sight He was taken to the hospital where physicians attributed his blindness to an old spinal injury They said he had a ilim chance to recover State to Handle U S 50 Work by Force ‘Account Fair-Mind- Educational ed Fait (Oontlmud from Two) circumstances of this typical man are the 5: He owns his store and the real estate undfcr it The store and real estate arc worth (10000 He has a mortgage of (3000 on the real estate Hs has a Ufa insurance policy coming to him or to his family some time In the future In the amount of (3000 He owns a horns worth (5000 with no mortgage on it He ha on hit books (3000 due him from customers and he himself owes (3000 to persons from whom ha has bought goods W can now make e simple balance sheet of this sverage man’s circumstances and find out whether in the net he is a debtor or e creditor He is debtor as respects his mortgage (5000 and hia trade debts $3000 in all be la a debtor to the extent of $10000 He L i creditor as respects his life insurance policy (5000 and the billa due from customers (5000 In ell he Is a creditor to the extent of $10000 His position as creditor and debtor belance etch other He la in neither the debtor class nor the creditor class As respects the real estate this typical case owns he is In a position to benefit by inflation for the safe presumption is that inflation It carries far enough would cause prices of land to go up But since everything else would go up at the same time (actually other things would go up faster than red estate he would be no better off Before inflation a $5000 house will buy 10000 bushels of wheat at 50 cents a bushel After Inflation the 'house let us say will be worth (10000 but the wheat will be worth (1 a bushel The house will again be worth" what it wu be fore 10000 bushels of wheat The rise In the price of land and other goods supposed to be caused by inflation does the owner of goods no advantage He continues to b where he was before He may get pleasure for a little while out of having his house described us "worth $10000” but if he tries to turn his home into cash and buys something with ths cash he will he was before je precisely where Any person can make a similar statement of his own circumstances setting down the items as to'whlch - -- this-littl- 1933 15 Verdict Clears Century ofProgress Making Best Test of Way for Financial Record of Any Exposition Woodman Policy -- Drive Advocated' by Sullivan commission The Utah state-roameeting at Milwaukee where the American Association of State Highway Officials has just completed its annual sessions has decided to reject all bids on the surfacing of ten miles of U S 50 in Carbon county between Price and jSoldier creek with rock hia sight asphalt The state will handle this project itself by force account bidup with the high bureau officials Ora Bundy of Ogden was low der on this contract though his fig- present and that the new order is ures around (36000 wart several the result K C Wright assistant engineer for thousand higher than the engineers' There were three other the commission will have charge of estimate this construction a of all other force bidder He said Friday that However the national recovery account work highway regulations announced some every effort will be made to handle months ago required that each state the work In Cerbon county efficienthighway department should construct ly so that a fair test of the cost of at least one N R H project during contract with force account work the year It must keep exact costa of Vnight be obtained1" the work Including rental of equipTo Start lees ment and all overhead expenses and Mr Wright said that the Vork in to be obtained under Carbon workmen are county should get under way The evident this week the usual regulations of of federal bureau the pub ' Force account methods have purpose lie roads in making this regulation been announced in connection was to obtain a test as to the efficien- with various national recovery secmethod of Contract the compared cy and Mr ondary highway projects with force account are Wright said that arrangements -L getting well under Way Wright to Direct Jet It was further required that- the “As fast as we get government enproject ahould not be selected- yntil gineer! to make the required prelimafter bids were opened in the usual inary inspection” said Mr Wright procedure One question arose as to “and w oen transfer the required whether a surfacing project which experienced engineer and superinasphalt tendents to the projects we shall be required the use could be considered ea within the ready to start Some will get under which way this week wording of the regulation stipulated that the project ahould be "The laborers will be obtained from Work the federal reemployment agencies typical of highway construction in the state throughout the state under the usual Surfacing contracts are quite com conditions end will be required to mon in Utah and much gravel is re- give honest and efficient service for quired in this work but those involv- their pay the minimum bejng 50 cents week will be ing the use of rock asphalt are not an hour The numerous On the other hand to do In effect the work by force account would give LICENSE ISSUED opportunity for readily arranging various testa that might not be possi- LAS VEGAS Nev VP)— A marriage ble under a regular contract It is license wes Issued Saturday to Fred believed that the road commission- B Joyce 29 and Margaret Pay 26 ers at Milwaukee took the problem both of Sheridan Wyo d he Is a debtor end the items as to which be Is a creditor— and don’t forget the life insurance policy In the case I have given the man is both a debtor and a creditor and this will turn out to be true in Uyj vast majority of cases The assumption nearly all the argument about inflation is that all men fall wholly into one class or another that all are sither wholly creditor or wholly debtors And the further assumption Is that Inflation favors the debtors that universally automatically mathematically and infallibly all debtors will be helped by inflation The same old passion provoking term! of the inflation debates from 1863 to 1890 "creditor class” and "debtor class” are coming into circulation to the be devilment ofthose Who would like to come to a eorreet conclusion 'Need of Fair Education If as appears there is ahead of us a period of agitation about inflation some group of persons ought to dedicate themselves to a campaign of eduWhoever does it should be cation fair The arguments of those who oppose- ififlitlon cit Germany where inflation got out of control and wes carried on and on until the currency was worth nothing They imply that this always happens with Inflation they Imply this would happen with the United States If they are fair howeveri they should be willing to cite France which carried on an Inflation that lowered the franc from a value of about 20 cents down to ’a value of about 4 cents At that point the French government stopped the Inflation controlled it successfully and has kept the franc stable for some seven years There Is no reason to suppose that the United States should not be able to control inflation si successfully as France did Unless clear thinking and fair ihlnded persons are willing to carry on a campaign of education someone who Is neither clear thinking nor fair minded Is likely to do it In 1896 a curious person until that time utterly unknown named William H Harvey took to himself the name "Professor Com” and wrote a book called "Coin’s Financial School” In it he argued for Inflation in the form of free coinege of silver The argument— If It could be called argument— wu Interspersed with crude woodcuts ’To anyone having the faintest trace of logic In his mind or the slightest understanding of money "Coin Financial School” was the most fantastic collection of fallacies ever brought within the covers of e book Yet in a national state of mind in Which everybody was thinking and talking about inflation book wu sold In Incredible numbers end had an enormous influence A serious and responsible record of the time "The Review 6f Reviews said in August' 1898 "A a disturber at old parties a pathfinder CORRECT DATA By a directed verdict of no cause for action the way wu cleared Friday for a supreme court test of invol ed in the recent reorganization of the Woodmen of the World Insurance system in Utah The verdict returned by a district court Jury under the instruction of Judge Roger L McDonough cleared the way for an appeal by counsel for Mrs Lucy White who sued the lodge for (3000 on insurance held by her husband Ernest C White Mr White died September 29 1932 Mrs White sued on the ground that recent decision by the Colorado supreme court held that the attempts qf the lodge to enforce a new insurance system with higher rates wu invalid She declared her husband had paid dues and assessments up until the time of the reorganization in-- seeking recovery of the (3000 face value of the policy she offered to pay assessments since declared due In an answer to the suit the Woodmen of the World declared the Colorado decision did not affect a still later reorganization completed in January 1932 under which the plaintiff’s husband wu given the opportunity to reinstate hia insurance He failed to do so the answer alleged Judge MoDonough in effect held that the latest reorganization plan wu valid and that the company wu justified in refusing to pay the premium Officer! Named for Boy Scouts of Olympus Unit election of new officers for the Olympus district of the Salt Lake council Boy Scouts of America and the Inauguration of a membership campaign which has as its object 10 new troops and 700 new scouts wu announced Friday The district commissioners are Calvin A Behle Carl A Cadwell and J A Buford Other officers are Frank J Lucas chairman of the committee on organization A B Purton chairman of the court of honor committee and Frank B Goeltz chairman of the camping committee The first court of honor under the new committee wu held Friday night in the Third Presbyterian church Troops 27 end 48 were the host troops iiiivvviriivYVhfirvvvRhevgYi where political issue) were mixed and hazy an agitator with a genius for ex position so great as to sway public opinion from th Alleghenies to the Pacific uyi from the Great Lakes to the Gulf of Mexico Mr Harvey has caused one of the most -- remarkable chapters in the political history ot his ( rnrr Paokage a Savnsig SPECIALS isMVIMI® $1X3 with each 75o pound can of Hillroae The atrical Cream atw COft wv i (t CALIFORNIA RiF or ee dr Mini - NERVINE $125 Absorhine LAXATIVI BROMO QUININE" S0e Oe Rest Fie finger 39c 79c rioiM per cent SUll Fortnight te Ran Considering that the accepted cream of the fair remains all previous expositions recording their major attendance and receipts in the final fortnight period the 1933 fair will almost If not quite pay out on its own receipts Guarantors will care for the rest of the bonded indebtedness The San Francisco exposition prob- -' ably the second major American fair prior to the current one paid only 8 cents on the dollar at the conclusion of the exposition However the cold statement of figures does not tell the entire story Previous expositions held large eubsidies from governmental bodies In the main not expected to be repaid Fears Another “Coin” Harvey t —Unless there la a eampign Of true education about inflation some new “Coin Harvey’' is likely to arise and to be taken seriously and to Influence masses ot men For that matter the original “Coin” Harvey is still slive little town la Arkansas living at Monte Ne The last 1 heard from him he was still interested in money— monev In the abstract sense he was "chief executive officer” of the "World's Money Educational league” At th same time he was building or about to build a huge eoncrete pyramid 130 feet high on a peak in the Ozark mountains which was designed to preserve at Its center for of archeologists 10000 years from document telling why American now civilization fell I rather assume that Mr Harvey’s judgment is that American civilization will have fallen because it failed to listen to the financial teachings of william H Harvey 44a 35c Prostilla Mello Glo Pace Powder $Ie QOa DTY’e FACE POWDER F m Tour boy will have the time of bis life with this football will give him lota of fun aa wall a exoeuant exarelaa lull IS PEBECO TOOTH PASTS te pepsodent TOOTH PASTE 75o Fletcher H liMMM 41 tit 19c “67 84 -- ioll3Iorl8c ' tie CUTICURA SOAP ? for SBe Me WOODBURY! Rib EnA Mmmml CrUpf 15e WOODBURY! FACIAL BOAT BmaU Ppim c Cretm of CASTILE BOAP RCJL ' CENTAUR 39c rcppoi I1M Vain Oa (ale Nkkele! Cara Popper Pooni Quick Fire Pop Cora ‘ CQji JA Tn£ 22$ 227 215 I Otktn PriS BH 65c " mu 60c Hair Oil — 27c OIT-POW- 25c 39 CIy::rin3 - - Tiger Faroe ‘ CHa O Tmmrtmd Prt 49c o tt efmitsr Hiiefi SANDWICH OASTER clal Toil M ItA ow 49 uldcbi ot ooco oa both mim Car ud plu Uo ELECTRO ELECTRIC MIXER ‘MIX Dfl -L- INOLEUMt RUMMAGE 'OF -- CURTAINS — Choice of New Patterns a SQUARE YARDS AND 75c AT 8 SQUARE YARDS INLAID LINOLEUM Some Factory Decorated Beautifully $875 $1375 PRICES Ready-Ma- CURTAINS At de (Uied for Rentals) r 25ceacK FOLDING CtlAIRS (Used for Rentals) 89c each $lpr $245 Decorated CARD TABLES DRAPE MATERIAL: GIVE-AWA- Y OAK LEAP i6c: ' ' f &n$bg ENAMEL or SIMMONS QUALITY COIL SPRINGS and BED SEVERAL fElTON MATTRESS FINISHES $175 CARPETING 18 35 Red S5BB Mattress Springs SS4S ' Choice Buys on OCCASIONAL 0HAIB8 Up Prom se05 TABLE LAMPS : 77S ! AXMINSTER RUG r BEER POSSESSOR FINED Ed Anderson 30 of 427 Kensington avenue wu sentenced in police court Friday to pay a fine of (25 or strve 15 day In jail for posses ton of 4D0 He pletded guilty to Suarts of beer October ! He paid the ( Pkg" 39c- CHOICE A- For Stairs and Rooms - Pew Short Ends Lett REAL BARGAIN PRICES Up p— 75c YARD A Yew Beauties Left (Rhds Sr Soiled) BARGAINS—Ip from In American 75c UP Oriental Perfect hi-Frinse- Ewr on FROM— 2778 t Tisssis boo' In J £ A marked upturn in trade throughout the United States wu reported Friday by J F Greenawslt of Denver assistant to the president of the Mountain Statu Telephone A Tele'' graph company Particularly is th upturn noticeable in the intetmountaln region said Mr Greenawalt who is her on a regular business trip The official pointed out that the company iiutaUed more telephones in September than were taken out He said the month's Increase of subscribers was the first In two years V - ttae Th ij n FELT BASE IOLID DROP -- ¥ Vdcr -- -T- W5 39: MAPLE DROP LEAF Trade UptUrn Reported 7— By Telephone Official 5 Rcsa IL "69 49c SUITES Extra Quality lodger-independe- Lelies j bum In hoqpr of the thirteenth anniversary of Torgny Order of Vikings members and their friend will b feted at a social Sunday at 8 p m at the Viking hall 3100 Highland drive A dinner will be followed by a program which Will include speeches songs readings end recitations in English and Swedish A G Carlson will be the mein speaker' A poem dedicated to the lodge and especially written for the occasion will be read by Ernest Bernstrom and instrumental selection will be played by the Viking orchestra Hyrum W Swenson will act as toastmaster 29 x Me VASELINE ’ HAIR TONIC Tie GLOVER’S MANGE EEMEOT MOHAIR TAPESTRY SUITE Large Size BREAKFAST (ROOM SETS Anniversary Sunday u 39 DooMo Double ' ! 70c 75c K Mar-O-O- il EGYPTIAN HENNA - SUITES New York Tribune 1933 4e f Licensed ” EG liillrcsa: Shampoo 50o Eg Oil Sh&mp LIVING ROOM Viking Lodge to Keep Perfection Aristocrat BUY NOW ON EASY TERMS cartridges in a 21 special rill In target practice While Wilson was setting up a tar get and presumably carrying an empty gun Phillips Standing beside the group suddenly collapsed a bul let wound In his breast He died while being taken to Las Vegu for medical attention None of the patty was able to explain how the rifle had been discharged before Wilson assumed a fir ing position in front of the target POKER CHIPS 10 in Rack $100 Luck — said Coroner Ryan 75c RADIO TU3ES - 29c 1! 2 for 59 SavUtBttl sor Lota :33cv 10c OLIYI BAR Oa FCPCOHN v FACIAL ior 49c 3 Lfrg t Imprewd DMtrl 27c r37c lor 17c 3 eoo r 59 -- 47c Peaa Daax v 65a Cards 23a Flaying 60o 60c Fean Crc:n ScedpJnnd Soap 2 for 35 42 65c Pond’i Cream Rcdzchipt Sells ESa J) Donx CLEANSING CREAM K?45a 23a 8SBbcRlDlhnBi - 40c n-- Viek’s llssaJDrcps C3a Brcciksx 32c $100 LAV0RIS V $100 LI3TERINE Vesh Pint ISe DR WIST TOOTH PASTE X for see IPANA TOOTH PASTY! Bayer Aspiri- 32c 32c ' ' Vick’s Vapa Rob At Exceptional) Low Prices— All Prices Quoted! Herein Are Good for Thi Week Only-- and Subject to Prior Sale -- LAS VEGAS Nev— An inquest Into the death of Lester Phillips 33 LaS 'Veges garage mechanic wu ordered Saturday bjr Frank M Ryan coroner Phjllipewas fatally wounded Friday while on a picnic with friends celebrating the birthday of El Wilson also of Lu Vegas The group had been attempting to shoot 33 Pint FURNITURE OF HIGHER GRADES t 19c 32c Ccd Liver Oil Psyllra a Powder'93c Fees Powder OUfseai 75s $150 Value WUV 42c ' 79c: Lemon KRANK’B Lolita e R COLD CREAM 39 and 79 3 WE WILL SOON MOVE TO OUR NEWLY REBUILT & REDECORATED STORE AT 135 SOUTH STATE STREET To Effect This Removal In the Shortest Time Possible We Offerto the Public Mechanic Killed At Target Shoot Lavender 38’ OS DO SOc D “Ao F'ilkwecd Crcem With Valve Imide AND HIND’S HONEY ANDOS ALMOND CREAM f L’Adosna FOOTBALL IA CAMFANA’C 60c Jer gens’ Lotion (I - u Inc) Mary Lake l ( illh Perfume t 35f Me HIND'S HONEY ALMOND CREAM' 59 49 Vf (fcopyright IP-vH- BOe IZi Java Cowhide Leather 59c Jar ITALIAN BALM 89 79 SI 28c 49c I-- 42c $125 8 8 8 Tonic $125 Scott'i Email 75o Vapex 60c Mistol sialic Jar 21C 8YRUF OF PEPSIN deni Anti-- - Cold Cream 4-- Jr 69 CALDWELL’S IWU 35c OPORONO3l OlazS Nail Polish 23 JJe CUTEX POLISH with sea Pe?so- - CM? Perfection 59 19 27 75c Angelin Rouge 25c Kleenex 35c MUM economics When the fair was started actively notice was served on political organizations by Major Lenox R Lohr general manager that political strings would have no effect on the placing of men Nor would political pressure have any basis in the letting of conA glance at the financial statement tract Several attempts to influence of the Columbian exposition will show the management were made but this situation: Total receipts at that shown to be of no avail were- soon folfair were (1571109986 divided stopped lows Admissions (1065057422 con' Na Graft From Builders cession! (389445710 interest contractors Also were assured that public’litilities (25418914 and their bills would be paid as they fell salvage $23881088 On the basis of due that or employe and po foreman those returns the exposition went aleither of the fair or city would demost (11000000 in the hole mand personal graft A carefully se"Profit” Is Shewn lected organization precluded this thl fact by adding leger- As soon at contractors saw this was Despite the of demain fair showed a profit the case bids were shaved to the bone $43423418 at the conclusion which and mass construction was finished and minor for wu kept unexpected under almost unparalleled economies " expenses This was 'done in the fol- All subsequent bids were thus still — lower the contractor not lowing manner — — being forced A ‘note issue or as it was termed to Include In his bld'large sums for at that time a stock sale of (5617-1543- unexpected eventualities This situapaid out onlv 10 per cent A tion plus a businesslike management subsidy of (5000000 from the city ?ut the fair in such a position that of Chicago wu given only a 10 per t unique among expositions stands cent payment Discounting the unpaid i good chance to pay 100 cents on balances in these two figures the fair the dollar Including the large amount which will be gained from salvage at showed a profit Lumping these two sums gives a the conclusion trifle more than (10000000 the amount of the gold note issue of the Utah Purchasing Agents 1933 fair On that figure the old fair paid 10 per cent The current fair To Honor Coast Official has paid 425 per cent with the probability that a great deal more will be paid out of receipts Members of the Purchasing Agents Salaries Paid In Cash Association of Utah will give a din10 The last per cent payment bring- ner in honor of Park Lambom foring the total to 40 per cent 00 the merly of Salt Lake now purchasing 1933 notes is payable on and after agent of the Utah Copper company et today At the same time an interest San Francisco Monday night In the payment of (300000 1$ being met All Forest Dale Country club Mr Lambom will arrive in Salt bills have been met by the fair a they fell dirt and all salaries are now Lake Monday to visit friends for a being paid In cash Approximately few days Mid then will leave for a (1 OOp OOP remains In the liquid cash hunting hip in southern Utah t MONDAY AND TUESDAY LeonNavar l ivlX Clean ling StU Lsks TrlhRMCkiei6 TrlbsM Nrvictl of 1933 if it were closed at the present writing would pay off more than any previous fair despite the fact the current exposition wu created and operated without city county state or federal subsidy? In ‘effect 425 per cent of the bonded indebtedness has now been paid off No other major American exposition hat come near that mark the fair of 1893 being among the topnotchers and even then paying only 10 per cent on its bonded indebtedness The 1933 fair iloated a $10000000 gold note issue At the present time 40 per cent or (4000000 of that issue has been called Approximately (250 000 of the issue was not sold or even printed so that in effect with 575 per cent still to be paid the fair has now paid out to the extent of 425 f ox ftmCYcFTM payment Of bills with th balance in this fund at the and of the fair going to the trust indenture No other fair has met with thl! success and ths reason for th financial security of th 1933 fair Is simple in Chicago Fair Has Good Chance to Pay Off Backers 100 Cents on Dollar country" Qraalliitty ail i Tung-oi- l tree was brought to WESTEMRnrrUR TEMPOBAEY LOCATION 151 SOUTH STATE Florida from China I 9' - 5- -