davidaulloa/AmericanStories huggingface dataset:
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22

Americans as a race, say scientists,
are growing taller. If this keeps up
We'll be the worlds best dressed ma
ton, since all of us will need to buy
new clothes that fit.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Guests of Mrs. Allen

Mr.. and Mrs. w. H. Aston, of
Bronxville, N. Y, are the guests of
Mrs. Alston's sister, Mrs. B. c.. Al
len at her home on Belle street.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Here For Week End

Miss Margaret Bum, member of the
faculty at Wilson, spent the week
end with her parents, Mr.. and Mrs.
j. Harry Bum.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Visiting Parents

Mrs. Walton Nixon and daughter,
elizabeth Ann, are spending this week
Goldsboro with Mrs: Mixon's pa
ents, Maj. and Mrs. E. A. Simpkins.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Here for Weekend

j. w. Bailey, of Raleigh, was the
weekend visitor of his brother, Roy
Bailey and Mrs. Bailey, in the Cor
bitt Apartments.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Home from Columbia

"lss Fannie Powell, of Columbia,
- -. =" IS spending several days with
~ parents, Mr.. and Mrs. r. B.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
SOrOSiS Club To Meet

The Sorosis Club will meet Thurs
day afternoon at o'clock in the high
school auditorium, it was announced
today
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Lr. Woman,s Club

There will be brief call meeting of
he Junior Woman's Club Wednesday
,voning at 1880 o'clock at the home
Of Mrs. E. A. Latta, on Belle street.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
To GreenVille

Miss Edna Williams has returned
10 Greenvlle after spending several
days here with relatives.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
In Petersburg.

Mr. and Mrs. Alex Faulkner spent
the weekend with their daughter,
Miss Ruby Faulkner, in Petersburg,
Va.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Guest of Miss Jones

MSS Elizabeth Redwine, of Wins
,oh-Nalem was the weekend guest of
. ~ Betsy Rose Jones, on Belle
Street
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
To GaSfnnia

Miss Fannie Brodie has returned
10 Gastonia after spending the week
end here with relatives.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
In GOldSbOrO
Miss McNair Here

Mss Gladys Taylor spent the week
srd in Goldsboro with friends.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Governor Must Act.


cratic party platform fatty promised
to ermove.
Governor Must Act.
Unless the governor and his sup
pOrterS exert tremendous pressure,
the meal tax is more than likely to be
left in the revenue bill, as any num-
Der of leading legislators are fully
convinced that there is absolutely no
logical reason for exempting restaur-
ant meals from the sales tax.
At the last meeting of the joint fl
nance committee before the revenue
bill was reported to the House, there
was an apparent and overwhelming
sentiment for restoration of the tax
on meals, tentatively stricken out at
an earlier session; but at that time
Governor Hoey called upon his
friends in the legislature to redeem
the campaign and platform pledge. It
was then that Commissioner Maxwell
came forward with the suggested tax
on building contractors, a plan which
his opponents now contend he car
ried in his pocket for a couple Of
weeks before spring it at the last mi
mute.
At that time Mr.. Maxwell publicly
stated that the building material tax
would just about replace the sales tax
on meals. AS figures he said the tax
had brought in $4,000 for the past
year, while he estimated that the ma
terial tax would raise about $500, 900
annually.
Feeling of Uncertainty.
But Friday he surprised the sena-
tors who had prev ously heard this
statement by asserting that if the
building material tax were stricken
out, the budget would be thrown $780,
600 out of balance. So far there has
f-ieen no intelligent reconciliation of
these very different statements made
by the same man at different times.
But whatever comes next, one thing
is certain. There is a new feeling of
uncertainty in the air, and a present
ment that things may not be so cut
and dried from now out. The anti
administrationists have tasted blood
and are ready for much sterner bat
ting than in the recent past.
1879-First Woolworth store open
ed at Utica, N. Y. by 27-year-old Frank
w. Woolworth backed by borrowed
$500. Closed in three months.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Home for Weekend

b. G. Grissom, of Roanoke RAPIDS
spent the weekend with his mother.
Mrs. r. o. Grissom, on William street
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Visit in CITY Point. Va.

Mr.. and Mrs. c. Moore have re-
turned from City Point, Va, where
hey spent the past weekend with Mr.
and Mrs. Harry Moore.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
In High Point

Mr. and Mrs. w. w. Parker and
son, Walter, spent the weekend with
elatives in High Point.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22

w. b. Hight has gone to Memphis
Tenn, in the interest of w. C. Hight's
Store.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
lub Tomorrow

Tuesday Club Tomorrow
The Tuesday Club will meet tomor-
row afternoon at $3.50 o'clock with
Mrs. George A. Rose, ST., at her home
on Garrett street.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22

Mrs H. j. Whitmore left yesterday
for Durham to be with her mother
who is i'll.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
In Durham Saturda,

Miss Leah Irwin McNair, of Raleigh
.snt the weekend in this city.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
In Durham
On Business Trim.

Miss Page Gooch has returned aft
er spending the weekend in Durham
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
In Durham

Miss Mildred Bailey and Roy Bailey
II. spent Saturday in Durham.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Home From Raleigh

Miss Lucille Rux, of Raleigh, is
spending several days at her home on
Garrett street.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22

Mrs. Hughes Improved
Mrs l. w. Hughes, who has been
confined to her home because of ill
ness for the past week, was reported
improved today.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22

first move to recoup the revenue lost
by taking out the material tax was to
reinsert the sales tax on meals, tax
which Governor Hoey and the Demo-
cratic party platform flatly promised
to ermOve.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-02-22
Feeling of Uncertainty.

1879-First Woolworth store open
ed at Utica, N. Y. by 27-year-old Frank
w. Woolworth backed by borrowed
$500. Closed in three months.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
DAYTON LOCALS
CIVIL WAR
VETERAN PASSES

The funeral Of James I'll. Page OF
Eddie Street WAS held Wednesday
afternoon. Brief services were held
at the Jones' Brothers Funeral Home
and from there were continued at
the Soldiers Home. He was 92 yeas
old, an ex--slave and o Civil War
Veteran. During the war ne held the
rank as Sergeant Of Company Il, Of
the 26th Regulars. He was also IN
spector Of the colored companies.
Having been the father Of 10 chill
dren, all but two preceded him in
death. He Is survived by two sons,
Arthur and Jesse o. Page of Cum
berland Maryland, and 80 grandchil--
dren Of whom one, Robert Page re-
sides in this city. Mr.. Page was q
member of Waymars A.M.E. Church.
He will be remembered 70 us here,
as q bright and shining light in the
community.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
CATHOLICS WRITE.
ROOSEVELT ON L.YNcHIN6;

81 PHILADELPHIA (C)--The Ca
tholic intercollegiate Interracial con-
ference, held mt st. Joseph's College
last Sunday, wrote President Roose--
vent that: Eve believe that the ma
tional stigma of lynching with i'm
nunity must be Immediately eradi-
Gated from our national life
Therefore we urge that you specif--
cally recommend in your message to
this special session Of congress the
early enactment Of the anti-lynching
bill" Attending the meeting, which
was held under, the auspices Of Car
dinal Dougherty, Archbishop Of Phil
adelphia, were DR.. w. r. Valentine
of Bordentown, Elmer A. Carter of
New York, DIR. Hudson j. Oliver of
New York, DR.. Leslie Pinckney Hill
Of Cheyney, Prof. j. II. N. Waring
Of Downingtown, DR.. w. +. Wright
Of Lincoln University and Arthur
HUFF Fauset.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
Perfection Of beauty

HTg HE thought OF beauty comes
| 4 very close to the human heart.
~ Nature manifests q great mea-
Ssure OF beauty; while music, litera-
Mure, art have uncovered some OF
hta choicest treasures. Philosophy
has helped In It's Interpretation. Yet
1.-THE hunger OF the human heart for
Its attainment remains unappeaSed.
Where, then, Ia the pure and endur-
Ing concept? What Is true beauty?
How may we translate the eternal
fact into terms OF human living? ?
These are vital questions.
Human sense is baffled by the ap-
parent contradictions In the material
world. seeing there beauty and ugii-
ness. compassion and cruelty. honor
and treachsry, spirituality and de-
lpravity. heights OF goodness and
depths or iniquity. Even the human
heart Ia divided kingdom. The
wheat and the tares have grown up
side by side In what Is called human
life.
To find the way OF escape from the
conflicting situation constitutes q
major problem. Z. 1t Is a way which
diverges radically from the beaten
track OF material beliefs, beliefs
which have the sanction OF long and
widespread acceptance. The human
race has clung to matter and mate
rial laws as props to lean upon, al
though these props have never proved
dependable. Materiality has always
betrayed those who have trusted In
1t. o
The true source OF beauty was
discerned centuries ago by the He
brews, as shown In the Old Testa.
ment. Almost startling Is the pure
concept OF beauty set forth In their
writings. Through revelation they
had perceived that true beauty Is
derived from the one God, "the Holy
One of Israel" The prophet Zech-
ariah exclaimed with rejoicing Czech
ariah s:17), How great Is his
goodness, and how great Is his beau
ty!" In the fiftieth Psalm we read
the lovely words, Out OF Zion. the
perfection Of beauty. God hath
shined. Z aThe perfection of beauty!
Once In Chronicles and twice In
the Psalms appears the admonition
Worship the Lord In the beauty oil
holiness Worship of God In 'thc
beauty of holiness denotes a deer
immersion OF thought In the lowell
ness of divine goodness the only
tsauty which really exists. To Mary
Isaker Eddy we owe the definition
found on page 247 Of Science and
I'ealth, with Key to the Scriptures
5cauty is thing of life. which
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26

dwells forever In the eternal
Mind and rejects the charms OF His
goodness In expression, form, outline,
and color. 1t Is In God, divine Mind,
that we find the sum and substance
of genuine beauty.
This Is the primal and ultimate
fact. How may we let II BE domin-
ant In our lives aud our experience7
Have we ever stopped to consider
some OF the characteristics of the
flowers and the trees which add such
charm to the, scene. such content
ment to the human heart. no we
not gnize--consciously or HacoE-
sciously spiritual qualities they
represent? Color. fragrance, grace.
the delicately varied patterns OF the
| fioWei's-all that we tove bout them
| points TO spiritual elements. which
are neither La nor or matter. The
song and flight Of birds, the rhythm
i and harmony of great music, the
natural lovahieness OF children
these manifest qualities which are
spiritual In origin and nature. Here,
then. Ia a proved fact. the more
clearly we see and hear the spiritual
and real, the more of true beauty we
behold.
For every discordant situation
| there is remedy. as shown In the
following words tsbid.. p. 24Sl. I'VE
must first turn our gaze In the right
direction. and then walk that way.
We must form perfect models In
thought and look at them continual.
~, or we shall never carve them out
Ia grand and noble lives. Let unseif-
| ishness. goodness. mercy, Justice,
health, holiness. love--the kingdom
Of heaven-reign within us, and sin,
| disease, and death will diminish un-
| til they finally disappear We must
try to see creation as entirely spirit
ual, as composed of spiritual ideas.
Even In the most unpromising hui
man situations we must eagerly look
| for the grace and beauty of Spirit.
And We must not relax or retrench
| In this endeavor to see and hear
| spiritually instead of materially.
Thus IL will not be long before we
perceive that the creations of Spirit
are the creations Of Love, and of
nothing else.
What then becomes OF the incon-
sistencles of human life, Its unfair
bestowals, Its unhappy contracts?
They are the vagaries and receptions
the ashes--of mortal mind In
real being. nothing unbeautiful ex-
lists. not the slightest imperfection
or decay. since there lis only one cre-
ator and one creation, and they are
perfect - altogether lovely - The
| ChriStian Science Monitor.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
Dunbar Graduate
Dies Suddenly

The funeral services Of Miss Ber-
nadine e. Lewis, 10, Of South Euclid
Avenue, who died suddenly, follow
ing few hours illness, will be held
Friday afternoon at 2 pm. ut the
residence. She leaves to mourn her
loss her mother, Mrs. Elizabeth Lew
is, four sisters. Geraldine, Birdie
Mae, elizabeth, and Jean Marie
Lewis and a host of relatives and
friends.
Miss Lewis was a member of the
first graduating class of Dunbar High
School (I936l had attended Wilber-
force University and was recently
enrolled In the Bernice's School Of
Cosmetology.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
SET DATE FOR LOUISVILLE
NEWSPAPER ANNIVERSARY

LOUISVILLE, KY. (C)-- Friday
December 8, from 8 to IL pm.
Editor I. Willis Coils will receive in
his new building. 930-32 w. Walnut
Street, where his newspaper, the
Louisville Leader, will make its new
home on and after that date. The
date also marks the twentieth an
niversary OF the editor, who founded
the Leader in II, and the paper has
not missed an issue, except for two
weeks of terrific flood last winter.
The same ownership has been in
charge throughout the life Of the
paper. A Committee of Women for
the anniversary celebration has as
chairman, Mother Clara Porter,
founder of the Charity Pity Club
here.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26

Monday afternoon, November 23.
Miss Lewis was very active In
school work and was chairman Of the
social committee Vt the Ell Prog
Koa Club of tie school.
We are also sorry to hear that
4ss Lorain Anderson Of Cincinnati
is ill at the Dormitory. We hope for
speedy recovery.
Mrs. Reed of Middletown Is still
very i'll. The class sent fruit and
flowers last week to Mrs. Reed.
= =
Mrs. Gail Crawley, Mrs. Sadie Nc
Coy viii spend thanksgiving in their
respectives home in Cincinnati.
Miss Laura Leak will leave We'd
nesday afternoon for Cincinnati
where she will enjoy Turkey Day.
Mrs. Rosamae Lester will spend
her Thanksgiving holiday in Colun-
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
WASHINGTON PAPER ANSWERS
QUERY ON CoLERIDCE-TAYLOR

WASHINGTON (Cl - Frederick
J. Haskin's column in the Washing :
ton Star on Thursday carried the
question: did Samuel Coleridge-
Taylor, the Negro composer, ever
visit the United States?n and the
answer: "He visited this country in
1904 and 1905 and was welcomed
with pomp and ceremony. His last
visit to the United States was made
in 1910, when the primiere of his
violin concerto took place
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
HANDY WRITES 10000
SCHOOLS ON MUSIC

NEW YORK CIV. c. Handy,
author Of "The st. Louis Blues has
written 10000 supervisors Of music
throughout the country, calling to
their attention the statement Of DR..
Harold G.. Campbell. superintendent
of New York City Schools, that po-
pular songs should be more widely
used in schools. Mr.. Handy's mas
terpiece was listed for its "beauti-
full low chords
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26

Of Tusksges. presented the winning
Tuskeges Golden Tigers with real
young tiger as team mascot, aa Tus-
kegae licked Howard, 1910, Satur--
day. An animal trainer will ha re-
tanned TO train the tiger, Captain r.
S. Darnaby, Tuskegee official, said.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26

The first Of the series Of six Ice
lures given by DR.. NJ. r. Clarke, was
given Tuesday, November 23, at tht
school. DR.. Clarke has been ap-
pointed staff doctor of Bernice's
School of Cosmetology. These lee
lures are to be given to the stu
dents as a part of tho course twice
month.
The student clinic is very active
each day of the week Monday
through Saturday, 8 to s each day.
Take advantage Of this opportunity.
Work is thoroughly done by senior
students supervised by Miss Tread L
well and Miss Johnigan. The best
Of service is given to each patron.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
BLACK SUCCESSOR
AGAINST LYNCH BILL

WASHINGTON {C)--Mrs. Dixie
Graves, who took Senator Hugo
Blacks seat when Black went over
to the Supreme Court, made her
maiden speech Of twenty minutes
against the anti-lynching bill Fri
day, and was applauded.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
II NATIONAL. ].
NEWS BRIEFS :
ARMSTRONG BY
X. o. I'm FIETEs

NEW YORK c)--Henry Arm
strong, world featherweight cham
plon, battered Billy Reauhuld. New
Jersey lightweight, into ave round
kayo before 1897 fans ii. Madison
Square Garden Friday night. Referee
Arthur Donovan stopped the fight
just after the fifth round bell. Beau
huld's head looked like d 'squashed
tomato, ringsiders said.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
MILLER BREAKS
BUFFALO Y RECORD

BUFFALO, NY. Co Herbert T.
Miller, successful executive secretary
Of the philadelphia YMCA, was cali
ed here and directed q campaign
which brought t,101 members and
$3,685.55 in actual cash, breaking
all previous records.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
Berraice's 8 School of
Cosnletology

The student body and teachers Of
Bernice's School OF Cosmetology are
sending their deepest sympathies to
Mrs. Elizabeth Lewis and family in
the loss Of her daughter, Miss Ber-
nadine Lewis. whose death occurred
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
WINS TURKEY

Anthony Lacy, agent for the Pro-
grgssive Laundry was one of the two
successful drivers in contest to in
crease business during the month of
November. The prizes 1.-TWO turkeysl
were awarded the two drivers max
ing the highest average pecentage
Of quota set by the company. Fred
Wheeler won the other turkey.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26

Ing an enjoyable SoJourn IN lndian-
apois over the weekend.
Miss Bernice Johnigan, Manager,
Bernice's School Of Cosmetology
may attend the Wilberforce-W Va,
game Thanksgiving, but definitely
will attend the Marva Trotter Louis
Fashion Show in Cincinnati, Friday.
Mrs. Lucille. Allen will attend the
game at Wlfberforce attended by
her husband, DR.. Allen Of Springfield.
Mrs. Mable Treadwell Aston, in
structor in Berniee's Beauty School
viii spend her Thanksgiving holiday
at home in Columbus.
Mrs. Kathryn Brame may attend
the Marva Trotter Louis Fashion
Show in Cincinnati Friday night.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26

Mrs. Nathaniel Bowman of I'LL
Germantown Street left Saturday for
Shelbyyille, Tenn, where she will
spend Thanksgiving with relatives
and friends. Mrs. Bowman is rec
reationaI leader at the Montgomery
County Children's Home.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
CLOTHING CATCHES FIRE
FROM PIPE EMRERS

Services for Liza Wires, SO, Of SO
Eddie Street, burned to death early
Monday morning, will be conducted
at 1:30 pm. Friday in the Loritts
Funeral Home, with burial in Wood
land Cemetery.
The elderly woman was sitting in
chair near her bed smoking o pipe.
Embers dropped, setting her clothing
and bed mattress on fire. Surviving
ara three nieces, Mrs. Matte Nc
Guine Of Cinc;ansti, Mrs. Francis
Mcdowell of xenia, and Mrs. Lillian
Miller, with whom she made her
home. ,iAliaa wiMsl
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
CALVIN SERVES FIFTEEN
DAYS AS FEDERAL. EXPERT

WASHINGTON (Cl - Floyd j.
Calvin completed fifteen days as an
expert publicity man called in for the
special job Of publicizing the un-
employment census, Thursday after
noon and returned TO his news service
office in New York. Mr.. Calvin was
commended and congratulated by
Frank R. Wilson, director Of infor-
nation service, on the smooth and
effective manner in which the job
was handled.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26

bus, Ohio
Miss Irma Hammock 10 anticipat-
ing an enjoyable sojourn in Indian
apolis over the weekend,
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1937-11-26
GOLDEN TIGERS
GET REAL TIGER

WASHINGTON - (C)-Gustaye
Auzenne, assistant treasurer of
Howard University and an alumnus
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1937-01-14

road. Grass grew on it, and ahead she
saw trees, a thick wall of trees that
soon shut them in on either side.
"Stop!" cried Sally. Where are you
taking fne?"
"Be quiet. Miss Warren" said Giles
Benton. Don't be alarmed. We are
not going to Hillcrest but to another
place | know where we can be as
sured of privacy"
81 demand that you let me out"
said Sally, feeling more ridiculous
than frightened. you can't take me
away like this against my Will"
you got in the car of your own
accord" said the man. I've simply
Brought you to different place than
the one you suggested. Here we can
have our little talk-in peace"
The car came to a sudden stop in
little clearing. Evidently Mrs. Picard
knew the place. for she did not wait
for Giles to open the door, but got out
at once. Sally followed her with alac-
rity. She saw in front of them small
lodge, built of logs. There were cur
tains at the windows and lights Shin
ing through. A dog came bounding
around the corner of the house.
Sally drew breath of relief. Per-
haps Giles had brought her to some
little inn or farmhouse. At any rate,
lEare were people here, and there
might be phone.
Copyright, 1886, Bailey WolfeJ
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1937-01-14

sponsible for what happened in 1929,
and he warned them that if they let
it happen again it would be just
too bad.
All of this talk reveals, in one re-
spect, proper concern over the in
creaSing speculative activity. 1t is
highly desirable. from every point of
view, to avoid repeating the boom
and collapse of the TwentieS. Any
thing that can be done to preserve
the freedom, the sensitiveneSs and
the liquidity of the great capital and
investment markets. while at the
same time protecting the ignorant,
the foolish and the reckless against
the consequences of their own cupid
ity. is more than welcome.
Yet, as one considers the gueSses.
the threats and the other rather
loose discussion of the subject by
those in high authority. it seems as
if there were general agreement to
avoid or disregard the deeper issue.
There is a conspiracy of silence with
respect to the skeletons in the closet.
Nothing is gained by ignoring
troublesome facts, and it is worth
while, therefore. to restate some Of
these essentials.
First. the business recovery that is
occurring is precisely what the gov
eminent has been devoting its whole
effort in recent years to achieve. Our
policy has rested on the assumption
that government. by vast spending.
could suddenly stop a depression and
put it into reverse toward prosperity.
address questions TO the al