The Durant news. (Durant, Miss.) 1882-1985, 1941-10-16
n THE SCENES IN
AMERICAN BUSINESS"
By John Croddock

- indicates the restrictions on instalment
terms that went into effect Sept. ] have had
almost no effect, net, in discouraglng demand
for household goods. About the only notice
able change is that more people are Duylng
for cash. Although there was a pig dip IN
sales right after the regulations TOOK eI1ect'
this was attributed mainly to confusion over
uhat the restrictions meant. Indications are
the Federal Reserve Board may "tlghten the
screws in order to produce the desired Ell
feet of reducing demand for articles using
materials needed for defense goods. Mean
while, as expected, the customers beat the
luxury tax rush the last two days OF sep
tember sent department stores safes soaring
again. For the week ending October a they
were "a per cent ahead of the previous year.
WASHINGTON-Bill Knudsen made the
biggest news here, with figures on proper
ton of total u. S. manufacturing facilities
that might eventually" be needed Tor de-
tense work alone. 1t might reach IS per cent,
he said, and for the year beginning next
June would be around So per cent. lndlca-
tions of how far the pendulum has yet TO
swing, from peacetime to ornaments produc-
ton, are seen in the fact that, as of now, the
country is d~evoting only Is to 20 per cent
of it's productive facilities to defense work.
Fitting into this picture, also, was his re-
quest to machine tool makers to institute a
SCVcu-OdY WOIh WOCh oAu AASASOSS
time operations Farm equipment in
dustry got relief in two ways: allowed
makers to advance prices on tractors by
from 6 1-2 to 10 per cent; and SPAB gave
them assurance of materials for manufacture.
BUSINESS AS TEACHER-A new key
note on teamwork between education and
business has been struck by James M. Wood,
president of Stephens College at Columbia,
Mo. Discussing the forum to be held there IN
November on "the American woman and her
responsibilities he said "our business and
professional leaders must assume a share OF
the responsibility for providing education IN
health and financial matters. Every buslne
has these responsibilities, he said, but cited
insurance companies as being in position TO
do an especially outstanding job in estab-
fishing financial security for homes. However,
he said, they have not followed through in
the matter of educating beneficiaries in the
principles of investments of such funds - ap-
proximately a billion dollars a year, of which
90 per cent is paid to women. 'The educa-
tional problem here, of making sure that
the beneficiaries get the utmost possible
value" DIR. Wood said, sis one that can be
handled best not by any school course, but IS
a natural one for the agent in the community,
who is in direct touch with the holder and the
beneficiary"
PLANES IN PEACE-The airplane is des-
tined to become an even more powerful force
for shaping the peace of the future than it is
in winning the present war, according to {.
". Whitney, board chairman of Pan Ameri-
can Anyways. He predicts that the nations of
the world will continue to use their enlarged
aircraft production lines and vast material
supplies for building airplanes for peaceful
missions after the war. In addition, Whitney
says, the end of the defense program will turn
loose possibly 100000 fully-trained pilots
and co-pilots and several hundred Thousand
skilled mechanics. The domestic airline in
dustry now employs only about 1000 pilots.
The aviation pioneer said he wouldn't be
surprised if, within a year, there will be
planes that will take so people nonstop from
New York to London in seven hours"
THINGS TO WATCH FORA neI cal
most metal-less' airplane, by Langley Avia-
ton, made of nodded plastic and nodded
ties; it has carried four passengers at 142
miles an hour in tests Telephones which
flash a neon light instead of ringing a bell
since different colored lights may be used,
it may appeal especially to multi-phone of
fices where variety Of jingles contribute to
nerve jangles Basil Rathbone, sleuth
and william of the films, in a contrasty role
of Peter and The Wolf" Prokofieff's Or
chestral fairy tale -. Hamburgers in canned
form are being tested by HORNED, with
"Wimpys'' as the trade name = after the
Sburger-mooching comic strip character
A MISUNDERSTANDING device which makes
it possible for an autoist to transfer the air
from his spare time to a wheel tire gone
soft New versions in motorcycles, tc
appeal to defense economy-minded folk = one
model with turret-type seat and extra long
springly frame promises 100 miles per gallon
of gas.
BITS o. BUSINESS-Restaurant sales arr