Worcester Democrat and the ledger-enterprise. (Pocomoke City, Md.) 1921-1953, 1939-09-22


Big question in minds today might be phrased like TINS
ow the European gng to affect meas an as
The to that naturally vary with the work you do
the way you your living what section OF tne
casting this early stage obvious But going by the
fence past is the safest bet that the
and in certain definite ways .r.o 49, +h oos+
First war s an unfaVorabIe influence looking
it from the point of view of the householder who mas TO pay
people apparently did first days of the struggle that
for prolonged trip to the economic c
Of sugar flour and other staples AS result many aGa o
ported Ud s 9o 81 Ts was buying
which naturally created highly artificial price situation &
immediately scared to completely unreasonable levels r0 "l'
truth that we have and have long had heavy Surplus
of most commodities Sugar stocks hand recently touced
ame high This world wheat crop was the on
the while it did not set record pe of uf
that has acutuay been paying out money e
port subsidies effort to find market Tor some Oh tnese
p" AS result even with heavy demand considerable time
much less below The moral Of all is that the
has immediate real about O ons
very price problem could result But the sudden price
ceran c Controls which can effectively
to curb proteerng speculation at the cou
Second what about effect the business? There
is to 60 into the eoeaed favor a Of the
pan the munitions industries and the Dasc 9
business highly variable For example prolonged war would
create an Unsuitable BsFench demand for wheat hides wool
and similar necessities The producers of these commodities WOULD
find unlimited maet and good prices and they and their areas
Foreign consumption of important commodities not
of would decline Cotton and
of these comodties you without grain The result
is that the people, who have long faced drastic problem
another economic blow This would disastrous the
South the boom Wheat would be nas to at
neutral countrypeope buy less in war time they make
their clothes last longer build fewer homes result OF uncer
to industries
Thus the effects of the regonay very Off
possible that section of the country would under
go depression while another section thousand miles
away experienced an inflated prosperity ..o;o,
thing remember-war booms entirely artificial
They the of neutral exporting to the
drastic kind Of defation must That happened
tme when wartime demand had developed productive
is said that studying and to
vent it's happening again. it has set about difficult task
r: NEWSPAPER ADVERTISING FOREMOST
DESPITE appearance other advertising media the news
paper productive channel whereby industry
recent survey well illustrates the sustained popularity of
newspapers among advertisers The made by four
systems operating than $4,000 stores coasto-
coast and having annual sales well excess Of
les spent than 100000 for advertising average OF
newspapers little than per cent spent hand
bills and similar printed matter much Of which was @ so
with the balance expenditures miscellaneous media
nD Bsg the 81 9 adveng @ ~
chains spent Sc 50 cent and general merchandise and
variety chains spent 5l.o per cent
testimonial to the character Of the American press
No institution holds higher place the esteem of the American
people This particularly true of the newspapers serving the
by their observation-disclosures locals advertisements and ALL
THE BANKS ARE SAFE
The banks America safe-and they managed with
remarkable efficiency and That the substance OF
recent statistical study the experience of state chartered banks
last year. :,
FORE which was expected the light of the decline in gen.
era business activity Howver the institutions net incomes were
relatively stable relation income In only small
state was loss for the year shown .
tt is also Significant that dividends paid less than half of
those paid in the preceding year. The banks in other words sharp
y dividends the interest OF maximum safety and good
banking practice.