The Carbon County news., 1931-08-06
This Week
b. ARTHUR BnsBANR
Another Record Gone
We Need a Yata Grow
It's 81; but Never Mind
Have 1t and Tell 1t

We Need alta Grow
It's 81; but Never Mind
! Have 1t and Tell 1t
Three cheers and gratitude for
John Polando and Russell Board
man, who broke the long-distance
lying record of the world, landing
IN lstanbul on the edge of the Bos-
porus, 40 hours after they left New
York.
They flew the Atlantic in and
above clouds and fogs, over the
whole of Europe, never stopping,
and settled down in the great Turk
ish city at the edge of Asia.
Leander, now somewhere above
in heaven, ought to hear about
that flight. He swan the Hellespont
every night, to visit his fair one.
Hero, only to be drowned when he
tried to swim in storm.
We produce flyers in this coun-
try. Polando and Boardman think
they might as we'll keep on going
east and come home around the
world that way.
If only we had a ''yata crow" in
this country. 1t is bird sent by
the sun goddess to Jimmu Tenno,
first emperor Of Japan, long ago, to
guide him when, surrounded by
enemies, he had lost his way.
The Japan Advertiser Annual Re-
view prints picture of the yata
crow, intelligent looking bird with
three legs. The third was tackled
on that 1t might not be confused
with other BIRDS"
Our yata crow ought to have
about ten legs to avoid possibility
of mistake, and it would be cheap
at ten billion dollars II it could
really guide us In our national, in
ternational and economic wander
ings.
Big steel did not reduce its div
fdend to So. 1t reduced it to 81,
from ST. The old dividend could
have been paid, since the company
has hundreds of millions of re-
sources, but the reduction is wise.
Don't spread sail in a gale, don't
scatter your money among stock
holders in a depression.
The company earned, during the
June three months period, only a
few cents on the preferred stock.
Therefore, S4 on the common is
quite generous.
You will succeed If you have
what people want, and let them
know you have it.
Mr.. Tom May, like other able
merchants, understands that.
He began a sale to celebrate the
fiftieth anniversary of what is now
the May store in Los Angeles, and
did the biggest days business in
all the fifty years, not excepting
recent boom years.
In addition to having the goods,
ilS QQNtlllStu lllc1l.
Berlin has just heard news more
important to them in the long run
than any $100,000,000 loan.
julius Rosenwald of Chicago sent
$1,000,000 to establish Berlin
dental clinic for children.
We are what we eat, and what
we eat depends on our teeth.
President Hoover continues to
protest against reduction in wages,
particularly among laborers, me
chanics and others engaged in in
dustry.
Their payrolls represent the
backbone Of national prosperity,
thousands of millions of dollars a
year.
The United States Steel company
reducing dividends and salaries, re-
spects President Hoover's wishes as
regards labor in the mills, but cuts
the salaries Of the clerical force.
Rumors that the Bank of Eng
land has been trying to borrow
$1OO, 100000 from the Banque de
France annoy the British govern
ment.
The rumors are called ian at
tempt to undermine the British
reputation in the world"
However, in the war, when money
was really hard to get Britain lent
not millions but billions to France
and the other allies.
For France to lend $100,0OO,O00 to
England now would seem reason
able, but not probable.
Colonel Sultan of the army en-
gineering corps, investigating the
Nicaraguan canal possibilities for
the government, says the thing can
be done and will cost $750,0OO,0O0.
1t would be cheap at the price, and
with modern machinery, including
electric steam shovels that take
out ten cubic yards or more at
bite, the thing probably could be
done much more cheaply.
Some things are encouraging in
our depression. The public buys
now, for about forty million dol
lars, the same quantity and oualitv