davidaulloa/AmericanStories huggingface dataset:
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1937-09-04
FLINT, MICH.
BY Mrs. Bertha Travis
Quinn Chapel A. VI. K.


Rev. VI. r. Rhonenee. pastor.
preached his last sermon this con-
ference year at the morning SER
vice which was we'll attended. Four
were added TO the church and three
were baptised. Misses Arlene and
Mildred Woods sang a duet and
Mrs. Thelma Lee sang a solo which
were enjoyed by all
Al $3.50 .. m. Rev. Miller OF
Blackwell A. VI. E. Zion and his
congregation worshiped with us.
Rev. Miller preached a stirring
sermon taking for his text "Pauls
pplen1n test to Timothy"
q Re3M. r. Rhonenee and family
and I. Wood left Tuesday TO attend
the A. NJ. z. Conference at Fort
Wayne, Ind. The church is pray
ing for the return OF their pastor.
Mrs. Mary Kelley and daughter
Mrs. Gwenola Smith were recently
called to Lansing by the death Of
Mrs. Kelley's sister. Mrs. Addie
Robinson. Mrs. Robinson passed
away at her home after illness OF
FIVE days. The friends OF Flint ex-
tend Mrs. Kelley and family their
deepest sympathy in their sad
bereavement.
Miss Myrtle Belcher OF 1905
Grant street. the daughter OF Mr..
and Mrs. Dwight Belcher. was CIV
en- In marriage Saturday at 1900
Noon at Quinn Chapel A. NJ. E.
Church TO Charleston Hawkins OF
1909 Grant street the son OF Mr..
and Mira. Sumpter Hawkins. Rev.
NJ. r. Rhonenee officiated. Miss
Cwendolyn Bryant presided at the
piano.
Vernon Chapel
Rev. Howard Stratton. assistant
pastor OF the Austin Street Baptist
Church and members worshipped
at this church at 11:00 o'clock SER
vice Sunday August 18th. Rev.
Stratton preached wonderful
sermon TO a packed house. 1t was
enjoyed by all present.
The pastor. Rev. J. A. Aiken, and
wife, left Sunday for Fort Wayne,
Indiana to attend the annual con-
ference. They expressed their
thanks TO the entire church and
friends for their loyalty during
their first conference year at YER
non Chapel. The church is wishing
the pastor and family a successful
trip to conference. They have
worked hard with us during their
stay and we are expecting greater
work next year.
Bethel VI. E..
Rev. o. c. Green pastor. preach
ed a fine sermon Sunday to
crowded house. The choir sang
many beautiful songs. This church
will continue TO have their meet
ings in the Clark School building
until the completion OF their new
building.
st. James c. NJ. Z.
Rev. d. NJ. Fullwood. preached
heartfelt sermon to a large audi
ence Sunday. which was enjoyed
by all present. The choir's singing
was also ENJOYED by all.
Blackwell A. VI. Z. z.
Rev. Miller. pastor. had wonder
full services all day Sunday and a
well filled house. Rev. Miller
preached forceful sermon and
the choir sang sweetly.
Antioch Baptist
Rev. j. Sharp. pastor. preached
Sunday morning to a crowded
house. The choir was at It's best.
GalIlee Baptist
Rev. c. w. Watkins, pastor. Good
services we're reported. Rev. Wat
kins. preached a heartfelt sermon
both morning and evening TO q
packed house. The choir rendered
many beautiful songs.
shiloh Baptist
Rev. c. w. James, the builder
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1937-09-04
Governor Offers
$4,000 for Lynchers

Sashville-fANP)-T h e State
government last week took official
notice Of the brutal lynching in
Upton County OF Albert Gooden.
when Governor Browning after de-
scriblng the mob's action as "a
dastardly and heinous crime" au-
thorized a reward Of $4,000 for in
formation leading TO the appre-
hension and conviction OF the mob
members who took the prisoner
from Sheriff W. j. Vaughn. Good
en- lad been arrested In connec-
ion with the Staying OF Marshall
Chester Doyle Of Mason. Tenn.
In announcing the reward. Gov.
Browning declared Il condemn the
act In the strongest possible terms.
ard state that Tennessee thorough
~ desplses and condemns this
form ~ lawlessness And | fur
Their pledge every other coopera-
ton ! can give 70 the prosecuting
authorities in bringing the moo
members 10 Justice
informed Of the Governors ac-
ton. Sheriff w. j. Vaughn. in Cow
ington Tenn. said Il cannot too
highly recommend Gov. Browning
for Offering the reward for the ap-
prehension and vencition OF the
masked men who lynched Albert
Gooden. Ny deputies anu a.c,
ard have been, doing all In our
power 10 locate and arrest the
members Of the mob and will con-
tinue 70 do 80 and to cooperate
with all other officers and citizens
Ia bringing them TO Justice"
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1937-09-04
RIVER ROUGE
CBy MISS TrCKER)

The Michigan Baptist Building
Association held It's session Al
First Baptist church. Ecorse. Aug.
s7-1s. The session was well at
tended and proved quite success
full. One member was added TO the
church.
Mr.. Prsrrls Martin. OF 1878 Jay
street. Detroit. is leaving Saturay
for the National Baptist conven-
ton. which conyenes in Los An
gsissL she goes as a delegate rep
ressnting the Cradle Roll.
Mrs. Cassie Burgis. OF 4es Hol-
ford street. has arrived home from
an extended visit with her sister.
so years old. in Conway. Arkansas.
Among the citizens who spent
the weekend out OF the city were:
Mrs. Katie Copeland, AIS Holford;
Mrs. Scott. Of Holford; Mrs. Willie
Mae Bradley. OF Polk street.
Mrs. Essie Mae McQuaker. Hoi-
ford street Mrs. Bessie Davis. 2s2
Holford street: and Mrs. Fay
johnson. Of Detroit. spent the
weekend in Buffalo, New York
and At Niagara Falls.
Rev. and Mrs Baber entertained
the Rev. and Mrs. Morten wednes-
day afternoon al 3 o'clock.
Rev. Baber. Mrs ( Nichols and
Mrs. T. Bankhead left Tuesday
for Fl. Wayne. Indiana 10 attend
the conference there.
Mr.. and Mrs Charles Coats mo-
tored 10 Chicago for the weekend.
They were accompanied by G. s.
Logan and Mrs. Goats sister-in-
law Miss Charlere Coates re-
NAMED in Chicago for a visit.
Mrs. VI Perry has returned from
her visit with relatives In 0peli-
ka. Alabama and Birmingham.
Mrs. W B. Brazie recently make
a trip to White Cloud. Michigan.
She was accompanied by Mrs. Mar
tin, Mrs. White. Mrs. Wilson; and
her brother. 7. White. Mrs. Laura
Brown. her aunt visiting her from
indianapolis, also accompanied her
on the trip.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1937-09-04

Den. forge, . rorarss y rsss
he Tribrrs
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1937-09-04

ton this fall. announces a brief
summary OF bis views on the man
ner in which he be expects 10 con-
duct that office In the event he be-
comes the City's Chief Executive.
His statement released this
week. is as follows
In the event am elected
Mayor Of the City OF Detroit, l
will. OF course take my oath to up
hold the Constitution OF the Unit
ed States the Constitution OF the
State Of Michigan. and to discharge
the duties OF that office 10 the best
OF my ability. I took such oaths
when I assumed the duties OF City
Assessor. City Controller. and City
Clerk and know all OF the obliga-
tions. which guarantee equal re-
presentation to all. regardless Of
race color or creed.
Il have no ideas OF drastic re-
forms in City Government l be-
lieve that the business OF the City
should be conducted with the same
degree OF caution that the average
home owner exercises In the az
fairs OF his household; the same
degree OF caution that the average
man uses in operating his busi-
ness.
Il do not believe In spending
money nor obligating ourselves for
the things we do not want do not
need. nor cannot get. l believe
that the present plans for the re-
funding OF our bonded Indebted
ness are definitely and sufficiently
outlined. and that such plans
should and will be followed.
Il believe in law and order. and,
II selected will see that is is main
tanned.
II believe In the necessary ex-
penditure OF money for the com
batting OF crime. the maintenance
OF our educational institutions at
the highest level OF efficiency pos
sible. relief for our congested
areas, and the fullest promotion
OF the public health. I believe tho
City should do all possible for
further employment OF its citizens.
Il have always believed In or
ganized labor. AS evidence OF this,
! call attention to the fact that
was for years member OF Detroit
typographical Union No. IS; and
/ still carry an honorary with
drawal card from the union. I am
with Labor in all its legitimate
aims, but ! am definitely against
dictators and racketeers within the
ranks OF labor, who are exploiting
Labor to beneft themselves fnan-
ciaIly and with no real or honest
regard for the interests OF the
working man and woman.
Il do not believe In the use OF
prediction political bunkum. The
problems OF today may not be the
problems Of tomorrow. What De-
troIt has a right 20 demand In It's
Chief Executive is one who can
meet the present and future prob
iems. That man must have such a
background OF accomplishments
and experience that the citizens In
eIecting him. will have some mea-
sure Of confidence In his ability TO
meet and solve the problems that
may be presented"
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1937-09-04
Donated by the Boosters Club)

cred a wonderful sermon TO
packed house. The church Is maxi
ing splendid progress under the
leadership OF the assistant pas
tor. Many beautiful songs were
rendered by the choir under the d.
rectoress and organist. Mrs.
Edith Robinson.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1937-09-04

and pastor OF this beautiful church
preached an inspiring sermon
Sunday which was enjoyed by all.
The choir also rendered a Won
derful service 10 full house.
Mt Olive Baptist
Rev. E. J. Timmons. pastor. This
church reported good services all
day Sunday. Rev. Timmons deliv-
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1937-09-04
Plagiarism Charge
Denied by Hayes

lew Ycrk-(ASPl -i-cc-ie-i-s
that he had obtained and even dis
tributed bis material after pubic
lectures before be ever sax COPY
OF DR.. Monroe y. Works address
in Birmingham given before ne
southern Sociological congress
last April. Dr. George Z. HAYNES
executive secretary q re Federal
cbuncil OF Churches this week
denied DR.. Works charges q
plagiarism.
The controversy began when Dr
work, director OF tie Department
OF Research and Records a. T-s
keges institute and ets,,- q re
Negro Year Book. declared D
Haynes appropriated he e7aisx- 8:
bis address entitled. Problem q
Adjustment OF Race ana Class Z
,ae South delivered ApE.. ; az
was using {, Il a series c: AT
cles written Ter rz'.r-a. weekly
under the title. DR. Haynes Dis
sec,s Hear q, Racls. Fr-o.s- =
America
Ia bis reply 10 Dr. W31ks 1aT-
ges. DR.. Hayass sad ! AZ great
~ surprised that p'h ycr- ss1--
iation Tor seses.th s11
md nv long c211-eccs y- ISL
scholar and ge-t.e-asR '-sf -
should make ssch a zrcss.y .a.se
accusation az. give . 1l-e 7-o;-
cry before you lad sxs-.-st '1e
facts. g-zsr.y -s---- .-s'
send re a; c. 2 sps &c pa.,ic.-
ara . Which g c,r5'a.a, ~
;ers
Al. re ey's .-s-s 49, =
o, tie lszgssge Il r. s.'' "a -
which 70. have zee e. ve-e
publicly p-ese-,ee 80 ~=e-
grscnsc -f.-es .s-r- .-e
h1n. -4ds a. nv 4.-s stss.
iae Pro.ic Form q, L+s Ne.rt-
Il February and MAJ 800
Mirres25l.s Js,-sy e-7
Das'on O Nay - .t ~e
was before sa~ y.s q ne -
I ce..Ys-sc ~ zt.ssss 1.
gee Oh Nay ~ t.e
iai ~as .fs~- -
lies "a Rgce-' rs- Free
Turner. I7sssa ss-a.s- F-
yo-,g al go,s---e-' s. 81
10, r. -zec1 s--s-
.s,sc -sFy -s
A,'er - T-skerts
.pssk = e s5o.' 4sss
a. % y7G- H.r-.ng1s- s-cfes
Of za!ca l'o.1 ~ k,sv -5;@
.ag icI gave 1ss 3 T,-
zlarced ;a,o1sa IL Il. s.- an
ls't- se'.r-st . ~ S.T nss'y
5scFnsr, ,.si aays ace. y 4r,
nay uae,h!csl q thsrs.,re s.css
error ard seriously cn,s!r 70 re-
-o
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1937-09-04
GAINES KEEPS
HIS RESERVES


t<~.~~9 ~~~ Ao0S ~
fore. the business man must train
his employees. and this 10
costly procedure.
Mr.. James Slade, instructor AZ
Morris Brown university. said tia.
theoretical economy Is mot thu
science we need" "Also we con.
fuse too often the personal mo.
tive with business" and th'.. hs
said. is an expression OF love IN
our self"
The Rev. william Horner. But.
falo. y. ". expressed surprise Al
the remarkable progress OF De.
troiters and expressed hope thai
his hometown would initiate thu
Motor City.
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1937-09-04

Richard w. Reading. present
city Clerk. and outstanding candi-
date for the ofdce Of Mayor OF the
City OF Detroit at the coming cleo
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1937-09-04
ITALIAN Colonizers
Flee from Ethiopia

"colonirers" had themselves fled
from Abyssinia TO British Africa.
Bitter experience has convinced
Rome that only the presence OF
the emperor or some member Of
his family can ensure discipline
among the native tribes. The
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-12-08
RESPITE BRIEF
IN COLD; new
WAVELOOMINC
Homer Bishops Death One
of IS Laid to Inclement
Southern Weather

The mercury dropped to Ia de-
grees above zero last night, and
sub-freczing temperatures have
now prevailed for more than 40
hours.
The mercury failed to reach 32
degrees. freezing point, yesterday,
the high recording being 81 de-
grees, and has not been above the
freezing point since about 2 p. m.
Monday.
The mean temperature yestcr-
day was lS degrees, Ia degrees
below freezing. The recording at
6 p. NJ. yesterday was 25 degrees,
and the temperature at 8 a. m. to-
day was 26 degrees.
Figures for Tuesday were as
follows:
MaXimum-3l degrees.
Minimum degrees.
Mean-l8 degrees.
Days range-26 degrees.
Normal mean temperature for
Deccmber-39.3 degrees.
Rainfall to date-.l5 in.
Normal Demembcr rainfall
$40 inches.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-12-08
NEARLY HALF OF ALL CITY TAX
COLLECTED IN TWO MONTHS
CITY Clerk Arledge Reports
Small Gain in Early
Payments This Year

Tax collections for the first two
months of the current tax year
are slightly ahead of collections
for the same period in 1886 in the
city of HendersonvillC, according
to CITY Clerk X. X. Arledge.
Mr.. Arledge said this morning
that AZ per cent of the total taxes
TO be collected for the fiscal year
1878 were collected in October
and November, while slightly more
than 40 per cent of the total was
collected in the same two months
in 1886.
The tax year begins on Oct. l
of each year, and the fiscal year
begins with July of each year.
Collections were especially good
n October this year and were APP
proximately $4,000 ahead of the
same month in 1885, Mr.. Arledge
said, but collections fell off in No
vember by approximately $4,000
rs compared to November 1885.
However, the total for the two
months is ahead of 1886 and the
percentage is higher in spite of
the fact that approximately So
600 more is to be collected this
year than last.
Collections for October this year
totalled Sal, 685.32 as compared
with S3l,727.84 in 1886, and col
lections for November this year
were $8,OS6.46 as compared to
Sl4,263.22 for the month in 1886
Taxes to be- collected by the
city for this fiscal year are $l17,-
O43.97, approximately $4,000
more than for the year 1936-37
Taxes already collected this year
are $3,O54.91 ahead of last year
Tax figures for the two months
have not been posted in the office
of the county tax collector, but
collections for October were ahead
of last year, it was reported this
morning. County tax collections
for October this year were $685.
30l.92.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-12-08
Levi douglas Warns Administration
And Business To End Differences
And Avoid Collectivism, Possibly War
Ex-Budpet Director Urges SUSPICION Be Cast Aside
and the "Temperng" of Roosevelt's Policies

NEW YORK. Dec. s. (UP)-
The administration End business
were warned last night by Lewis
W. Douglas. former budget direc-
tor 20 put aside differences and
their suspicion and hatred" of
each other, or the nation would
face depression, collcctivism and
possibly war.
Douglas. in a speech prepared
for delivery before the Economic
club, urged the government "by 4
series of specific acts undertaken
i'm good faith" to clear its purpose
70 restore conditions under which
enterprise may begin 10 re-emPiOy
the idle"
Douglas offered three general
remedies for the current "crisis"
/. Elimination Of the conflict
or suspicion between the admins
tration and business and "tem-
pering" of the Roosevelt reform
policies.
=. Modification of he tax Struc-
turc $50 as TO PERM, the forma-
ton of capital"
3. Cooperation in Secretary Of
State Cordell Hull'S policy of Wild
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-12-08
Mills River FLA.
Father And Son
Dinner Arranged
Number From City Will At
tend Annual Affair
Thursday Night

The Future Farmers of Mills
River will hold their annual Faith
er and Son banquet at the Mills
River school house tomorrow
night.
A large crowd is expected at
this time with approximately rs
or so fathers and sons present to-
gether with a number of visitors
from other sections of the coun-
ty.
Among the visitors expected to
attend are Superintendent r. g.
Anders, George W. Justice, J. A,
Rushcr, J. T. Fain, G.. ID. White,
ID. W. Bennett and agricultural
teachers from the other schools in
the county.
The program will include: AID.
dress of welcome, T. A. Diehli
response, G. D. White; invocation,
Rev. Hutchinson.
Accomplishments of the past
year will be outlined by Martin
Netherton, the program of work
will be explained by Clyde Bald
win and the Shop program by
Howard Cairnes. Jimmy Brown
will talk on the Conservation
CalP' and other short talks will
also be made.
Supper will be served at 7:3O
p. m.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-12-08
JAPAN MAY DEMAND LAND
CONCESSIONS If WAR GOES ON
Attitude Would Grow Stern
if Chinese Do Not Soon
Admit Defeat
By UNITED PRESS

TOkGO.-Japan may demand
territorial concessions II emma
continues her resistance, the for
eign office spokesman limited to-
day while the nation prepared for
a mammoth celebration as soon
as Marking falls.
Japan has no territorial designs
at present, the spokesman assert
ed, but a sterner attitude might
be taken unless the Chinese
speedily admit defeat.
He said peace Overturcs must
be initiated by China and under
stood that foreign nations at
present were making efforts to
persuade China to adopt that
course.
NANKING.-Japanesc lombard
gates of China's central capital;
fall of walled city expected mo-
mentarily; l3 Americans remain
in danger area but others flee to
gunboat Panay; parts of city IN
flames; reported Generalissimo
Chang Kai-Shek and wife have
fled by airplane; 100000 Chinese
troops retreating; 100000 Chi
nese civilians face death.
HANKOW. $500 Chinese govern
mcnt insists Chang still was in
Marking Tuesday night directing
defense; plain removal Of more
government bureaus farther west
ward to Chungking since Japa-
nesc occupation of the Hankow
area--traditiona military heart
of China" is expected - and eX-
pect to maintain contact with
Europe and southern Asia by new
airlineS to India and lndO China.
Japanese planes bomb kaifeng,
capital Of Honan province.
SHANGHAI. - Diplomat as
serts German ambassador contin-
uing mediation efforts; expected
Wang Ching-wei and Ho Iing
Ching may head new Central Chi
ncsc government pledged to coop
crate with Japan once Marking S
occupation by Japanese is COM
plctcd.
LONDON. - Diplomats h +
Russia will insist upon "full sup
port" from powers with interests
in far east before she takes mill
Continued on page thrce)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-12-08
DODD RESIGNS
ENVOY'SP0ST
Confirms Plan to Quit Ber-
lin; to Work on History
of "Old South"

BERLIN, Dec. 8. (UP)-Uni-
ted States Ambassador to Ger
many William Z. Dodd today con-
firmed Washington dispatches that
he had submitted his resignation.
He said he was retiring in
January. Although offered to
resign last summer, circumstances
led to the request that | return
to Berlin for few months. |
hope now to be able TO renew my
work on the history of the Old
South"
Dodd accepted the Berlin post
in 1888, despite the fact he was
not a millionaire and utterly UNI
able to spend the $4,000 a year
as is the habit of most American
ambassadors,
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-12-08
SOLONS BLOCK
NLRB INQUIRY
Refuse to Look Into Charge
Freedom of Press Is
Being Violated

WASHINGTON. Dec. 8. (UP)
House leaders last night temper
arily sidetracked demands for a
congressional investigation Of the
National Labor Relations board in
connection with its subpcnaing of
Hartley w. Barclay, trade maya
zine editor.
Rep. J. Parnell Thomas, r., n.
j., offered a resolution asking a
nine-man house committee to in
quire into "what appears to be a
violation of the freedom of the
press clause XXX Of the constitu-
ton" but an objection by Major
ity Leader Sam Rayburn, d., Tex,
blocked consideration.
Rep. John i. Rankin, d., Miss,
meanwhile, urged congress to
amend the Wagner Labor Disputes
act to stop vicious practices" by
the board.
"You cannot have a free coun-
try without freedom of speech and
a free press" Rankin said. "By
all means the Labor Relations act
should be amended to put stop
to the vicious practices of the
board. Otherwise, the law should
be repealed outright or appropria.
tions for its support discontinued"
Rankin's and Thomas criti-
ciSn of tho NIRB followed Bar
clay's refusal to answer subpoena
to appear at hearing in Steuben-
vile, O., yesterday with records
of magazine article criticizing
the board for its activities in the
Wcirton Steel company case.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-12-08
PROGRAM out
FOR CONCERT
Mrs. Marston, Frank Cope
Will Assist at Choral
Club Performance

The Civic Choral Society, Alva
n. Lowe. director, with Miss Mary
Brooks and Hiss Elizabeth Can
non, accompanies, will be heard
in concert. Thursday evening. De-
cember 9th, at the high school au-
ditorium at Sis O'Clock.
The chorus will be assisted by
Mary Marston. concert pianist.
and Frank Cope, baritone of
Greenville, S. c. The high school
band, directed by Mr.. Harper. will
also appear on the program. A
large audience is anticipated.
Following is the program in full:
I. Christmas carols; o Little
Town of Bethlehem. Jingle Bells,
High school band.
9. Choruses: Verdant Meadows
(HandeD. The Heavens Are Tell
ing Haydn.
3. Songs: Dedication .(Franz) }.
Retreat (Franz). The Two Grena-
diers (Schumann). Mr.. Cope.
4. Piano solo: Legende CPade-
rewski). Nocturne in c Sharp Mi
nor Chopin. Etude in F Major
IChopin). Mrs. Marston.
5. Choruses: If Ny Songs Had
Wings (Hahn). Come Where the
Lilies Bloom (Thompson). Oh,
Italia (DonizettO.
s. Songs: Bells of the Sea (Sol-
mani. Duna (McGilD. Mr.. Cope.
7. Choruses: Oh, Lucindy dep
pen). The Bubble) (Friml-Rieg-
ger). Medley from the South
pike.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-12-08

ening American markets, even if
this means suppression of private
interests for the benefit of the
public welfare"
Douglas said he did not believe
the current recession was merely
corrective" adding:
Essentially the recent period
of rising business activity . was
caused by artificial stimulant to
individual consumption. Deficit
financing, the policy of printing
the pump, the tax structure. de-
signed TO distribute income, a
movement to establish wage rates
and perhaps excessively onerous
liabilities under the securities act
have had the effect of increasing
individual expenditures, on the
one hand, and on the other hand
of reducing the expenditures for
savings for capital investment.
ken down into their respective
The induces of production, bro
parts, and the absence of new cap
ital issues bear unControvcrtiblo
evidence to support this conclu-
sion"