davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Auto
Motorists TO Bring
Lower Speed Level.
Says AAA President

The American Automobile A.
ISOLATION Is squarely behind the
Recommendation for a nation
wide 35-mile-an-hour speed limit
but how to effect II? Thomas
p. Henry of Detroit. president
OF the AAA, points tc the fact
that the Presidents earlier cali
for a 40-mile limit was Needed
by few states because of the fall
ure OF the various legislatures to
pass a law to that effect.
Henry. however, believes the
motorist himself will put the
slower speeds into effect and Co
operate fully with the govern
nient In conserving rubber. The
promise to give him enough gas
and rubber for essential driving
will win this cooperation, Henry
believes. Says Henry
Tho motorists Of the nation
arc certainly much moro likely
to cooperate with the demand
for lower spcedA now that they
hsve been assured . program for
tire rcplenishment h In the
works.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Government Has Tax Lien on All Salaries

ayTnan unwittngy in the position OF mis-
handling quasi funds He really of the character
He fails realize that dollar that
for him is his only part The government has tax
part it, with nearly vesxhs of the year gone the
precisely how big lien the govern
intends to place -,
followed precise financial echniques he would
estimating his liability since January and
segrgang the from the net spendabe income which
belongs him. For nearly this column mas
urged readers aside of each weeks income
called attention to the fact hat
banks clubs modelled after Christmas cps
for the of helping patrons the cash needed TO satisfy
the collector
Recognizing certified public accountants
the Federal Reserve Bank OF New
York. senby suggested putting tax compliance on
would enable citizens to taxes out OF
earnings instead of continuing the present system WHEREBY
example the taxpayer taxes 1912 income IN
usually the taxes are pao
earnings saved from the previous during which
taxable income earned
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Eyes on Washington

The latest war developments,
rather tndecfsive, have occasiened
less attention than developments
az Washington. especially tax,
labor and imitation developments.
The Senate finance committees
tax bill promises 10 be an i'm
provement over the hastily-drawn
House bill Senate proposals GER
tainly are sounder than various
treasury proposals. Yet
neither corporations nor indi-
viduals can yet tell just what their
burdens will be next year. =
Authoritative surveys agree
that far more revenue must be
raised than embodied in either
House or Senate recommendations.
Happily. public opinion has
strongly veered towards a sales
tax on all but a few absolute
necessaries and towards the Ruml
pay-as-you-go tax plan.
Every thoughtful citizen awaits
what viii happen 10 the anti.
inflationary steps espoused by
President Roosevelt. Will his per-
Torrance measure up TO his pro-
nouncements7
HAS the stock market
become shockproof ?" was asked
here a week ago. Since then
quotations have stood up. many
railway bonds have advanced.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Time for Nothing Else

The president of one towering
company that has produced pro-
digiously said to me;
IL arm devoting all my time,
working harder than j ever
worked before, to filling war
contracts. / have no time 10
bother about anything else"
In common with many other in
dustrialists., he doesn't grasp that
we may win the:, war but largely
lose what we have heretofore
our freedom, our form
of government, our individual
liberty.
1t is entirely fitting that heads
of corporations engaged in war
work, especially those possessing
training, should con-
upon war production. But
it is not fitting. IL is shortsighted,
to neglect TO allocate authority to
trusted associates to keep the pub
lie properly informed concerning
the notable achievements Of their
And there have been, are, nota-
BILE achievements.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
BOftlerS
Aid Flint
Tin Drive

FLINT, Sept. 21.-ACollection of
properly prepared tin cans was
given a boost today when Flint
bottling firms pledged their CO.
operation in a countrywide collec-
ton TO Ellis II. Warren, chairman
of the Wlint-Genesee County sal
wage committee.
Under the plan suggested by
Warren and approved by the state
salvage corps, the bottlers will
make periodic collections In
county communities and town.
ships. They will be given the
privilege Of keeping one-gallon sire
cans for their own use while the
remainder will be placed in front
OF their establishments TO be
picked up in the regular city col
lection.
Warren stressed that only prop
erly prepared cans will be col
lected.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Farmers Market

FRUITs--Apples. Delicious. fancy. So blu;
No. 1, 81. so: Mcintosh. fancy, 81 bu; No.
/. s1.s0a1.76; No. 2. Sia1.2o; Greetings,
fancy. $3.50 bu; No. !. Nd1.25; wealthy
No. /, Si.50Gl.7b bu; No. 2. 81; Wolf
River. No. !. sigi25 bu; No. 2, Use,
crabapples. fancy. 81. so bu; No. /, s2d
2.25: No. 2, Si.25. Cantaloupe. fancy, 50
bu; No. l. sigi5o; No. 2, 500 75c. Grapes,
No. /, Sl.75a2.25 bu; No. 2, $50.
Peachse. Hals's. fancy. SiQ4.5o bu; No.
4, S3a3.5O; EIbertss, fancy, siqi.oO bu;
No. 1. X3G350. Pears, Bartlett. fancy.
81. 7btfs bu: No. 1, tl7o02,25; No. 2. 81.
Plums, fancy, So; 5og4 bu; No. I, 5000
s.So bu. Ws,ermelons, fancy. 81 doI; No.
" LETTUCE kkD SALAD GREENs-Leai
Lettuce, No. I. 5o175c bu. Romano, No.
s b No. 2, ioc. Endive' fancy. siao bu;
W viEiGE:TfABfE GREENs~cOnards, No. /.
40 q SOC bu. sorrel, No. /. 50g65c eu'
TSrnlp. No. /, 50 . Soc bu. Mustard No.
20 q SOC SOC Y Su. Kale, No. l. 400 soc bu. swiss
chard. No, !, 500 SOC 5n: ,ro,,.
man beans, No. 1. ,i.7eg2.2 as bu: wax,
fancy. 81. 25Q2.50 bu.; No. I, sl.5og2;
No. z, 81; nst green. No. l.. Sial.6o bu.
No. 2, Use; round green. No. /, $3.50
II: eu No: 2, 81 Ren,esy Wonder No
s2G so bu. Bss,s. fancy, soc dos. bchs.
No. 4, asa 4oc. No. 2, use; topped. fancy,
81 bu.; No ], 75e; No. 2. soc Broccoli.
No. I, S1.2591.5o bu. Cabbage, No. /,
90 o eoe eu' red, No. ]. eog7se ou: curly .S.
don bchs.; Noel. 4oa soc; topped, No /,
75c u si.io bu. No. 2, soc. cauiinower.
No. /, 7be9si.25 bu.; No. z. Doc. Celery,
fancy sse d es.rS esssss, No Sec
aSi bu. No. 2, Toe. Sweet corn. No. 1,
so4l z5e- b-dnz--saSki No. 2. t0c, Cucum.
bers, slicers, fancy, n.7o bu.; No. J, Ng
100 No; 2, 7Ss oils fancy 81 . 80 ss,
81 So dni. No. /, 3out5c don. bchs.
Eggplant, No 1. 500 75c bu.: No. 2. soc.
HoTseradish, No. ]. s1al.7s peck basket.
No. /, 500 2 soc dor. bchs. onions, dry
fancy. $3.50 5o.lb, sack: No. I. u.log
ao w. bch CHI, No. /. soa soc; No 3, soc;
!,eklinns, No, l. $50 SOD q s s,o No 2.
No. /. Use; No ?. Soc: curly, No. 4. 7ssr
40 doE behs. Parsley root, No. ], asa
Soc doz bchs. Peppers. hot, No I, so e
.ss sO No sweet sS sO Su N so :d
PImento No T. 81 asa ] 50 Su' No. 2. 81,
Potatoes. No !. siai.25 bu.; No. 2, Use.
Pumpkins, No. I, 50h CSC bu. Radishes.
red No. !. 40f csc dor. bchs.; No. 2, 7be
long white No. J.. 5oG Csc don. bchs.
RGthagaS,- No, asoc bu. SQUASH,
Delicious. No. 4. CO.. zoe bu: summer. No.
4, $50 6Oc Y blu. No 2. 25c; Table Queen.
30. i. $50 Use bu; Hubbard. No I, 90 n
sOc bu.; italian, No a, sou 75c peck
basket No. 2. soc. Tomatoes. fancy. - n
2 50 bu.; No, I, eoc1sl.25; No. ?, 500
topped fancy. ST. rs bu. No 1, 75efsi
Vssetable Oysters No. /, DOC doz bchs
EGGs-Lsrge. s1t 25g IS 3O-doz. case
medium. ti7.15a13.5
POULTRY Live hens heavy breeds
a n 26c ~: leghorns. 20 y 24c; broilers
heavy. 2sa soe; isshorn. 2S@7ee 10.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Speed to Be Dangerous

Henry points TO another ina
portant element in the speed
proposal. The replenishment pro-
gram for civilians calls for tires
and retreads made from re-
claimed rubber and special SUBJ
stitutes such az thiokol These
are strictly low-speed products.
"Tt Is not only wasteful. but
positively dangerous, TO drive
such tires substantially more
than 80 to IS miles an hour
says Henry. by reducing aver
age driving speed now, the mo-
toring public not only will be
conserving the rubber it IL now
using but will be sccustoming
itself to q speed level that win
be mandatory when we begin
using the wartime substitute
tires"
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
EARNINGS

Easy Washing Machine Corporation fos
the six months ended June 30. 1912, reports
a net profit OF STA. 40s after charges and
federal income and sxceas profits taxes.
equal to 20 cents . share on the combined
57.2t0 shares Of Class A stock. and 4l3, 22i
shares of Class B stock excluding 10 900
yh-res IN treasury, This compares with
si13. 3so or IS cents q share on the com.
bined shares In the first half OF 1871.
General Outdoor Advertising Company for
the quarter ended June 30, fe47. reports q
net profit of s+7e.56s after taxes. provi-
sion for retirements and amortization Of
Advertising displays plants, etc, due TO ar
ference In depreciation bases. No provision
for federal income taxes 10 required on net
profit for The SIX month"; enfed June 30.
1912. the report states. This compares
with net profit OF $3.50, 2at In the June
quarter Of previous year ana net loss Of
s7ee. eo2 for quarter ended March 81. 1912
q. Krueger Brewing Company and sub
salaries report for six months ended July
81. ist2. q net profit Of ss5,3l4 after
charges and provision Of Si07,32i for state
and federal income tares equal 10 - cents
a share on 250. 900 shares OF the common.
This compares with net profit OF Si02, os4
or 20 cents q share for the six months
ended July 81. fstl. when ses,oi2> was pro-
vidsd for state and federal income taxes.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Industry Vies
With Politician
For Public Favor
Sees Free Enterprise
Systems Salvation
ts--r a.
in Efficient War Job
BY b. C. FORBES

Industry is doing an admirable
production job 10 insure winning
the war. II is doing an execrable
Job in regard TO insuring preserva-
tion of our American way OF lie
when the war ends.
The destiny of our free enter
prise system will depend upon
whether the majority or the
American people. voters, are con-
WINGED, when peace comes, that
industry and business did a better
job than the politicians. Which
will earn the larger measure oil
public esteem and confidence?
Washington has unconscionable
armies of press agents TO extol
the achievements of every depart
ment, agency, bureau there. With
a few notable exceptions, corpora
tons and other concerns perform
ing productive miracles are utterly
failing to make the public ac-
quainted with what industry is
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Livestock Markets
CHICAGO

CHICAGO
CHICAGO, Sept. 10 GNs).
ceipts, D, 500; market steady. Top. 1890;
bulk, slt.asqlt.so; hsaviss. sit:aonit.eoi
iIsss sb jissoG,s: n packing SOW.
Hs7s1it Isl pigs. iia. SO b 1850.
cATrLE--Reeeips. 500; market steady.
Calves. receipts. 200; market steady. Beef
steers, good and choice, $50 1880: com.
mon and medium. sf2Gi5; ysariings, f12
0i6. Butcher cattle, heifers, sl0415:
cows, ee0i1.5c; bulls. So.5oGi7: calves.
; :ssis saSsi''0i ''''N'' cows and A'if''''
sHEEP-Receipts. 5000; lambs $3.50 y
it.e5; common, si29 10. so; yearllngs, tli
0ia.5o; ewes, NGs; feeders. si2Q 1880.
PITTsBURGH
PrTTsBURCH. Sept. 10 tfNsl.--cAT-
rLE--Rscsipts, 10; market steady. steers.
choice. e15116; medium 20 good sii 613;
good soSSii.sc: eommon. 5000;
cows. medium 20 good, $3.50 e.25; can
ners and cutters, sees rs: bulls. good TO
choice, sii.asai2.5o; common to medium
HoSsGReeeipts, $50; market active, 10
cents higher. 1s0-1s0 lbs, $1,000 it.e5;
10000 lbs., slt.sbwft75; 2oo.220 lbs
77o-25o ms. s1i.5omit.75;
10000 lbs. sft,iunit.5o; 2oo-35o lbs !,
ga. SONG; ioe,iso lbs. $3.50 1895
sHETP-Rsceipts. none; market steady.
Choice lambs, Sis.75ai475; medium 20
good, si1.5o0l2.5o: common lambs, $50
ESQ; ewes, ssa $50; vsthers $50 $50.
CALvEs-harkst steady. Good 10 choice.
sisai7;. medium. s13d1i.Bo; euils and
ss011.co. =
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Peoples Windows
Depict u. 5. Services

Peoples Quitting Company, ia
nous for its clever window dis
plays. is now devoting It's windows
10 glamorizing the nations mill
tary and non-military forces. Cur
rent displays are devoted 10 the
army. navy. coast guard, Red
Cross and civilian defense. Differ
ent types OF equipment are shown
and activities are illustrated by
pictures and models.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Lewis Haney
Bank Loan Decline
Hints Trade Dip

Probably there significant fact concerning business
analysis and the business than of
declined while bank have risen suggests that
declining cycle developing
for several months but that this has covered and
extent by industries Indeed the total
of loans and investments has steadily sen much the
ments index Of industrial activity" has
decline and discounts the banks has
been caused by financial shifts Of sort
another downswng of the last five months has
proportions suggest consd
cradle reflect recession in civilian business
1887 But that time the
of the banks still declining after large recession
their 1856 So business recession
plainly
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Public Opinion TO Control Postwar Spending

But IL the era high taxation and will end
with the this high price to pay for victory
nefarious Axis After victory public opinion VIII nave n
be spenders VINO VIII
have acquired the habit dealing with fantastic figures
during of large, incomes who assumed
and educational financial respon
bites that their capacity to make munfcent gns
curtailed effect they be compelled
relatives and acquaintance who previously eaneo
equivalent Vast changes In the
social structure are being rising tide of and
families buck the trend and proceed with living
sand will find themselves in JAM
Political scientists disagree to the advantages or as
leveng down but the oo)ec
record that epochal changes are in the making
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
M. S. Rukeyser
RevaInp Budgets
To Allow for Taxes

Prudent family budgeng needs be REDEEMED light OF the
growing demands which will inevitably be made ctizeps to
finance the
of attempts gid the lily the government faced
financing expensive history Is
planning TO dock every gainfuly employed civilian -
his station In life In
of his annual income in terms OF his net
before living fools paradise The signfcant
figure which will demonstrate what scale of living he can anord
his spendb income which consists of his net income after
the middle brackets moderate
amount hidden Ingredient which ate into
individual savings But the of the tax bill mounts
impossible for the citizen TO balance his
expenditures without making careful provision for taxes
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Scott Paper Sales
81 Per Cent Over Al

NEW YORK, Sept. 81. - Con-
solidated net sales Of Scott Paper
Company for the first eight months
of 1912, including sales by Mari
nette Paper Company of other
than Scott brands and sale of pulp
by other subsidiaries. were 81 per
cent higher than in the compare
bic period of last year or approx
mately $21, 195, 900 compared with
$16,179,055 for the first eight
months of 1941.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Detroit Produce

APPLEs--hiehigsn bu. erts. u. q. No
> 2a-in. min. unless otherwise stated
Mcintosh, si25G so; fair quality. s5e y
81: Jonathans, fair color, si25. Wolf
Rivers 75o Snow Apples. N.25.
kRTIcHoKEs-caiiforna boxes. u.
i2ss. A.75a5.2s.
iss, 81
BRUSSELS spRoUrs-cshornm half.
drums 81 IS; fair. 81. wiz, bound erts.
SS.25137S
cARRoTs-Jc. Angeles er's. s-co1
bchs Utah. $3.50.
CRANBERRiEs Nsssachnseits, CAM
Cod y barrel boxes Early Blacks - So
GRAPES --canfornia display hugs To-
kays q 50; Rihiers, " 50n2 us Thomp-
sor seedless, 81. i5Rz.2o best 81 iog7@
fair ti.e5d2
HoHEYpEws-csHfor jbo. ana s;d
PERSIAN MELONS - California pony
LETTUcT-Ios Angeles crts Iesberg
type. California Salinas dist, b-doE.. seh
S.2s, fair quality. So 5 50 t-coI' $50
no. l yeiiovs. med. ti.io. fair 20 ser
orally good condition T5e gti. io-Ib. saeki
yeEcws 76c. ewCet spanish. L. q. No. 4
3 and lsrgsr 81 50, 2e-h. sacks Whit
no. / med. say Colorado round whites
spanish U. 9. no. 4, ," and larger SIN
"PEkRs-canfornia Mountain Bartletts
f0Oa4l3sa one-way Jugs, AGt15.
PEAs-rcolorado 6skts,, 33,2s
PRUHES-lFresh) OREGON, Washington
idNhO. ti.ss9a ls.n Tugs, faced. si.2oo
Is, unfaced, si3iO5
POTATOEt-f0o-fo sacks Maine Chip
peNas t7.7s. i5-lo. paper sacks, 35u Doc
Idaho Russet Burbsnksr y. =. Nc. ]
Washed, $40. fo-ib, sacks Csc. sta. frade
"a 1s03so, y, a. Nc. 2, o. %; Miehiga'
SrusS.s 81 ssaa cosSi.r,.t q S No.
, brushed large sine. $780, i''iS' ''Pe
SWIFT POTATOES - Loulssns Port
i. e con. ii.Soei.so; Tshnss.s. Per,,
Rlcan Vans. bu. crtf. q. 10. Nancy Hail
bu hampers, rscoudittoned, I.Ibi May
land coidsns, bu. bskts, Y. no. 4
81 s1Gi Is. fair condition, 81 1917 IS.
RUTABAoAs-cansda 5e-Ib. saeks, soc
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Steel Story Vital

Although General Motors, now
employing $4,000 in the United
States, Is estimated 10 be produc-
ing almost 10 per cent OF all war
material, il is chewing up only 25
per cent as much steel as before
the war.
Industry, for the sake Of our
national future. should realize the
infinite Importance OF telling its
story.
Washington should not be per-
mitted 10 exercise a favorable
publicity monopoly.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Barome+ers Indicate Further Expansion

But in general statistical Indicate the beginning
OF recession and mostly point renewed expansion
in another month two.
gear and coke production In
August. .
Department sales gained more than seasonaly
Factory employment and pay rolls increased
semi finished commodities remained rea
lively The average price of all sorts OF commodities
NV barometer turned indicating that at least
squirt business Is be expected the not distant
future and any
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
On the
Business
front
BY WARD SCHULTZ
p.trui, r,me. Financial ES,tor

IN LINE with the suggestion
voiced here that employers give
their workers more credit for the
winning Of Army-Navy + awards
one OF the fellows here on the office
handed me a clipping from a Pitts
hurgh paper which gives new
and refreshing approach.
The Miller Printing Machinery
Company Of that city won the +
burgee tor excellence in war pro-
ductlor.
President W. G. Montgomery
gave serious consideration TO plans
for an elaborate acceptance cere-
nony anG then decided 10 dispense
with that usual formality in favor
OF his own innovation.
Each and every one OF the firms
1000 employees was given a $25
defense bond as a token OF his
appreciation for their cooperation
in the company's war effort.
The money. he explained. would
otherwise have been spent on the
ceremony and this way. not a
single moments work was lost.
There is no copyright on the
idea, either.
DETROITS MOTORISTS, faced
with gas rationing may get slight
break in the form of reduced in
Eurance liability rates. etc.
Representatives of insurance
companies in the East met with
state insurance commissioners and
agreed that a rate reduction was
in order, but decided 10 wait until
nationwide application could be
made.
Premium reductions were ia
vored, especially for A card holders
and B card holders may get a
rate cut.
Insurance men point out that
despite reduced travel, more per-
sons are involved in each accident
because Of share the ride and ac-
cidents are more serious in the
East because Of the dim-outs.
However, they admit some reduc-
tion is justified.
DETROITS ERNEST KANZ-
LER is planning to take arms
production out from under the
WPB and rescheddle output, &C.
cording TO Business Week.
Further prediction Is that he
will rely on a modified General
Motors plan" for a speedup of out
put, which Is, I'm effect. reliance
on big prime contractors for the
bulk of the detailed scheduling
Kanzler will have a devil of a
fight to put II over, however. be-
cause he'll be opposed by labor,
the New Dealers and many of his
own staff.
incidentally. one informed man
Just back from Washington. says
that insiders predict Nelson's re-
placement within a month or two
and expect his successor to be a
man of the driver type"-either
Kanzler or Sorensen.
They claim that Nelson loses his
temper and with IL. much Of his
effect.
BRIGHT SPOT in the proposed
deal through which the Detroit
Trust will absorb the Union
Guardian Trust Company is the
prospect for employees.
Most of Detroit's financial in
situations are suffering from a
shortage of good help and those
displaced by the consolidation will
be quickly snapped up.
GRISWOLD STREET whispers
about an impending blowup over
the Union Guardian group re-
ownership.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21

. sAGlS S1s.: - sen. ssc~.I, ,of s.so,
Pea beans. $50; nsh, red kidney,
low 1s eyes. g.: cRc nsSt crsnSsrriss. Il. 50;
77n74e: rye, 72M7te; six.rowsd barley,
sassse soy e sssrs corn
Quotations supplied by Michigan Bean
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
AVERAGE Citizen viii Work Half Time for U. S.

Irrespective collection the net effect will be that
the citizen working year. will be working but 100
himself and his family and $50 days for the
battle for financial independence the rising tax oao
a and important obstacle.
Although large and growing ratio OF the fruits
making difficult
remembered the taxpayer faces all the usual
his income Although IT'S
impossible to lose ones competitive position
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
N. Y. Bank CIearinqs
Reach al Billions

NEW YORK, Sept. 81. - New
York Clearing House Association
reports clearings for the week
ended Sep e m Der Is totaled
81, $50, 702,071 compared with
So, T2 ,808,011 in the previous five-
day week.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Dividends

Apex Electrical Manufacturing
Company has declared a dividend
of Is cents on the common, pay
able October / to holders of rec
ord September Alike amount
was paid on the common April !.
Lsclede Steel Company has de-
clared dividend Of 35 cents, pay
able September 80, to holders Of
record September %. A similar
amount was paid in June.
Monroe Loan Society has de-
clared a dividend of 5 cents on the
common A, payable October IS, to
holders of record October 8. The
same amount was paid July IS.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
!COsts'Bi
Debated
I'm Senate

WASHINGTON. Sept. u QNS)
The Senate today opens debate
on the prices-wages control bill
with a report from its banking
committee declaring drastic ac-
ton is imperative II we are not to
have disastrous initiation"
Farm belt leaders and union
labor agents camped In the capital
for the duration of the fight over
the legislation. with prospects OF
both Senate and House being en-
broiled in bitter quarrels over pro-
posals to stabilize wages. salaries
and prices Of farm commodities.
Democratic leaders hope to force
passage Of legislation in COM
pliance with President Roosevelt's
"you do II or I will" by October /.
The House was expected to take
up it's Steagall anti-inflation biz
Tuesday.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-09-21
Banks Buy Huge Quantities Of U. S. Liens

Now however the banks buying huge quantities OF
bonds their rapidly swelling investments
This turn shows how spending billions
goods things connected with its
military efforts This maintains industrial activity at high level
despite the recession in civilian goods and trade.
Eventually well be that when the decline In business
will
will reinforce the activity then boom would develop
very quickly
August confirm the foregoing hypothesis On
the whole too they suggest that nearby reaction total
industrial activity will probably be shortved and be
followed by peak little or any below recent high levels