davidaulloa/AmericanStories huggingface dataset:
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
No Gift Without War Stomp
Theme of Retailers Drive
Melbin Announces Unique Program
for Increasing War Stomp SoIes

carrying through on the plan"
The Michigan Retailers War
Savings Committee has pre-
pared a little Gift Card, to be
included with individual Christ
mas gifts, and in IL is a slot into
which a War Savings Stamp, of
any desired denomination, may
be inserted. 1t has a place for
writing the name of the one who
presents the gift, and is very
attractive. Those retailers who
are participating in the state
wide program of the Michigan
committee have these cards to
give to every customer who buys
a Christmas gift from them.
These stores can be identified by
the special window poster which
features the mo Gift without a
War Stamp" theme, and shows
an illustration of the Gift Card.
These stores are also identified
by the official emblem of the
Michigan Retailers War Savings
Committee, which is to be found
on their windows.
A good portion of the retail
stores in Macomb County are
actively participating in this
program Of offering War Saw
ings Bonds and Stamps to their
customers, as requested by the
u. S. Treasury Department.
Stores which are not now en-
listed in the program, or which
may not have the Christmas
campaign materials, can obtain
full information if they will con-
tact Harry Maibin, County Re-
tail Chairman, at 70 Macomb or
telephone 430.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
Illness Fatal
10 J. p. Claude
Eost Detroiter
Dies in HospitoI

EAST DETROIT Joseph
p. Claude, 70, for 20 years an
East Detroit service station op-
orator, died yesterday in st. Jo-
sephs hospital, Detroit, follow
ing q three weeks illness.
Mr.. Claude, who lived al
21909 Gratiot, Is survived by his
wife, q daughter, Mrs. Vyna l.
Sullivan and one grandchild.
Funeral services will be held
Monday at $50 a. m. from the
Clyne Funeral Home and at 8
from St. Veronica's church with
the Rev. FIR. F. X. Cox official
ing. Burial will be in Mt. Olivet
Cemetery.
He was a member of knights
of Columbus Chapter sos in De.
troit.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
Halloween pranksters
Can't Laugh of Fines

Justice Donald j. Parent to-
day officially frowned on the
old Halloween practise of tip
ping over outhouses.
Pleading guilty as disorderly
persons, five Fraser youths were
ordered to pay SIT each, the
amount Of damages done to the
outhouses and to a tractor they
parked in front of the Fraser
State Bank on Halloween night.
They were also ordered to pay
court costs.
The youths, all arrested by
Deputy Sheriff Richard DeKet-
elaere, are: Vern Holcomb, 10;
Vincent Kepsel, II, Robert
Meats, Is. Frank Metz, Jr. and
Stanley Dicks, II. A fifth youth
will be arraigned on the same
charge this afternoon.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
Lazy Motorists
Imperil States
Transportation

DETROIT, Nov. 20-(R-Ar-
thur H. Sarvis, state director for
the Office of Price Administra-
ton, said today that many mo-
florists delay in registering for
basic gasoline rationing books
h a d seriously endangered"
Michigan's transportation sys-
tenn.
The Detroit area has Jagged
behind the rest Of the state in
registrations, he added, and
however heavy the last-minute
rush he estimated Is per cent
of the city's motorists would be
without their "a" ration books
when gasoline rationing be-
comes effective Dec. /.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
McLagIen and Lowe
Star al macomb
"Whot Price Glory"
Teom Ploys Asein

You barnacis-erustsd, lesther-neek-
ed son Of . double -erossing top
kick."
why. you brass.polishin' dog
robbsr-how long has II been:"
This subtle repartee, followed
by a sparkling of "sez you-sez
me" and "oh, yeah-oh, yeah
marks the memorable reunion
scene of the two top stars in
Call Out the Marines" RKO's
Radios new Service comedy OPP
ening tonight at the Macomb
theatre for four day engage
ment.
No need to say that the boys
giving out with the above dia-
logue were Victor McLaglen and
Edmund Lowe, the hardboiled
devil dogs of What Price Clio
ry," THE Cockeyed World" and
other well-known hits of few
years back. The clustering,
battling leathernecks have, for
movie purposes, re-enlisted in
the Marines for the Present
Emergency, and 1t looks as il
they already have the situation
we'll in hand.
The reunion of Vic and Eddie
in the same kind of swashbuckl-
ing Service comedy that first
zoomed the pair to fame is a
timely production move, and a
streamlined action picture with
all the uproar of the lighter side
of Service life can be expect
ed.
When the story opens, McLag-
len is seen as the driver of a
gravel truck, the biggest driver
and the biggest truck in the gra-
vel business. Lowe is a wealthy
mans chauffeur. When their
machines collide on the street,
both angrily start a brawl that
ends with the "affectionate"
dialogue above as they recog-
nize each other. Realizing that
Uncle Sam can't win q war with
out them, they re-enlist in the
Marines. The picture chronicles
their hectic adventures there
after.
Producer Howard Benedict
has surrounded the boys with
a splendid cast. Binnie Barnes
is the blonde they fight over,
while Dorothy Lovett, Corinna
Mura and Martha Mears add
their charms to the free-for-all.
Paul Kelly and Robert Smith
portray military intelligence op-
eratives, while Franklin Pang-
born enacts a comedy role.
Five songs brighten the story,
with radios The Kings Men and
Six Hits and a Miss as featured
performers of the music.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
Roiarians Hear Talk
on Alaskan Highway

Frank Farley, of Camrose,
Alberta, described the road
linking the United States and
Alaska when he appeared as
guest speaker before the Rotary
Club yesterday at the Medea
Hotel.
The guest of Arch N. Richards,
Farley was introduced by Henry
o. Chapoton.
Three violin solos played by
Samuel Y. Barbakoff. Mount
Clemens High school music
teacher, were thoroughly en-
ioyed.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
Red Gross ConcIave
Sei for December 8
County Building
( Will Be Scene

The annual meeting Of the
Macomb County Chapter, Amer
lean Red Cross will be held at
8. p m. Tuesday, Dec. 8, in the
County Building, it was an
nounced by Mrs. Carl Schimmel,
Chapter Secretary.
Every person in Macomb
County who has paid Red Cross
membership dues for the year
or who is q Life or Patron men,
Der is urged to attend the meet
Ing and vote.
There will be held an election
Of officers and directors for the
ensuing year and any other bus
1nees which should come before
the meeting. John E. Merrill,
Chapter chairman, will preside.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
Planes
Continued from Pare 1

OVHtIHUcu IIOW IdBc I
$4,000 planes this year and 1885,
600 in 1943 but this program
was revised downward to per-
NIT greater production of hard
er-hitting types found more val
liable to the war fronts.
Expressing confidence that
monthly plane production can
be doubled by this time next
year, Nelson added he believed
the quality Of fighting planes
also could be improved.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
Mount
Clemens
Lions Club

The regular weekly luncheon
meeting of the Lions Club was
held in the basement Of the First
Presbyterian Church with Presi-
dent Ivan A. Johnston presiding.
1t. Joseph c. Brehler was q
guest. 1t. Brehler Is visiting his
parents at 81 New Street, Mount
Clemens. He IL stationed at
Hammer Field, California. 1t
was reported that nearly 200
tickets have been sold for the
Lions annual keno party which
will be held at the Gowanie
Golf Club on Monday evening,
November %. A buffet luncheon
will be served, and an orchestra
provided for dancing in the eve
ming. The annual keno party this
year has attracted wide atten-
ton. Twenty-one turkeys will be
given away. Tickets can be Sc
cured from Lion club members.
It has been decided to hold the
Riddles Christmas party on
Thursday night, December II, in
the basement Of the First Pres
byterian Church. CASTOR Teck,
secretary of the club, Is chair
man Of the Riddles Christmas
party.
There will be no regular
meeting of the Lions club next
week, since Thanksgiving falls
on Thursday which is the regu-
lar day for the luncheon meet
ing. President Ivan A. Johnston
urged all Lion members to at
tend a noon luncheon meeting
set for Wednesday, November
rs in the Medea ballroom which
is being sponsored by the Board
of c o m m cree. DR.. Jerome
Thomas, dean of the school OF
Bust ess Administration al
Wayne University will discuss
"OPA Regulations and Their
Effect on Our Economy" Also
on the same program will be
Mark Love, we'll known opera
and radio star. Love will tell OF
his experience during a full year
when he entertained service
men throughout the country. All
Lion members desiring to attend
this meeting are urged to make
reservations Immediately to A
D. Brewer, secretary of Board
of Commerce, telephone 244.
Lion Member William Lubahn
was sworn into Federal Service
as First Lieutenant before the
club membership, by Don Par
ent, Justice Of the Peace. Bill
will report to the Air Force
Training School at Miami, Flor.
ida, December 10, and receive
his commission as a First Lieu.
tenant in the United States Den.
tai Corps. A beautiful wrist
watch was presented to LioT
member Martin Hoffman as clut
members bid him q fond fare.
we'll as he leaves for q six-weel
basic training course at Aber'
deem, Maryland on Saturday
November FL. lQkC completing
his course, aSHoffmann i.
slated to 60 to Santa Anita
California, where his company
will be stationed on the former
site of Bing Crosby's race track
The next directors meeting
will be held at the home of Har.
old Charbeneau at 8 pm. or
Wednesday, November S. AL
members present pledged Il
write letter to Capt. Philip T
Mulligan, a Lion member, who
is stationed at Sheppard Fielc
Texas.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
Feather Party 10 Aid
Utica Library Fund

UTICA-A feather party will
be held Saturday evening at
$50, for the benefit of the Utica
Public Library Association, in
st. Lawrence Parish Hall, 1859
Van Dyke, Utica. Eighty-one
prizes will be given of dressed
fowl, turkeys and chickens, also
canned goods. Come and have a
good time and support a good
cause.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
CANAL REvERSES ITSELF

Brazil has a canal which flows
in one direction part of the year
and in the other direction the
rest of the year. The Cassquiare
canal is a natural waterway,
flowing into the Orinoco river
during the flood tide of the
Amazon and into the Amazon
river during the flood tide of the
OrincO,
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20
Residents Return Home
With Trophies Of Chose

Wallace Gerlach shot his deer
near Hubbard Lake Sunday, and
Raymond Selk has returned
home from Roscommen with a
spike horn, it was learned to-
day.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-20

To be considered precious. a
gem must possess beauty, rarity
and durability.
Henderson daily dispatch., 1942-08-12
SERGEANT GOES FREE

Although pierced by three 5ullr'-.
Albert Roddcn. Londonderry.
Northern Ireland has driver refused
~ prosecute the man who Snot him.
Tive shooting occurred when RcdG,u
Was driving his bus along lie LON
dnndcrry-Limavady road. y, -"
Tine the bus Was running ahead u'
an armored car. Testimony ~ .
nearing indicated al sergeant ACC
Gcn,ally brushed machine 49,"
handle when the arfunyCd car llwg'-
ed. firing the gun ..n the DlIs.
Henderson daily dispatch., 1942-08-12
STATE OF NORTH CAr0,N,
Department of St,in
PARLIAMENTARY CE,p.r, Itr

'nrhi MI MiN ,H, CERTIFlCATr
To All 10 Whom These prno,
Come-Grceting: WIS May
whereas. II appears IN r,,.
faction, by duly authenticated , ,"I',
nl the proceedings for Tho ,.nI, ,vt"Fd
dissolution thereof by the I,r.,n,, ''"ly
consent of all the StuckhnIJ.r'
puSileo IN my office. tina, the Mo-.
Shop OF Henderson. Inc. rormor nS
ION "i This State. who,c urmn; '"1
Office is situated al No. 2ln Cn ,rlM
street, in the City of IiGndrr"."rn"
county of Vance. State oC NIL
carolina O.. II. Tucker heinz ,LH
agent therein and in ch.rgr It'll. ''e
upon whom process mav he sn,,.,,',,'
has complied with the rcnu,rnn,o'!!,
ol Chapter %. Consolidated S Stains
entitled Corporations" prol;r,;n"s.,
10 the issuing of this Ccr,ifjc,to :,
Dissolution: y"
Now Therefore. |. Thad E,ro G..
rotary of Stale of the S,o,n of NJ "s
carolina, d" hereby certify that tho
Said corporation did. on the 2S,h G,,.
OF July. 1912. file in my office a d',,:.
executed and attcSlcd consrr, !,
writing To the dissolution of Said cor'
poration. executed 10y all the s,oc.
holders thereof, which said cur,or,
and the record of the procrcG,r-.
aforesaid are now on file in nv Is
office as provided by law.
In Testimony WhcrCD, ,..,..
hereto set my hand. and affixed nv
official seal ii, Raleigh. this 18th div
OF July, a. d., 1912
THAD ECRE.
Secretary of State.
30-6- 1920
Henderson daily dispatch., 1942-08-12
DRYING VEGETABLES

o"'", corn. Green string beans.
= 'eo..- peas. pumpkins. squash.
lei' y and greens arc best vegetables
'"r a'1" driving. Apples and berries
arc 'c-' adapted 20 drying in the
.I"" among fruits
Henderson daily dispatch., 1942-08-12
AROUND
CAPITOL SQUARE
BY LYNN NISBET
Daily Dispatch Bureau
In The Sir Walter Hotel-Raleigh

GRlEF-ln their almost frantic
attempts L. evolve some relatively
painless plan Tor financing the war.
members OF Congress may be pilns
up sriet Tor North Carolina anc
other states which levy incola.
taxes. II proposed congressional,
plans Tor payroll deductions ~ with
holding income e., rs source again>;
federal ,INcS are adopted there MAY
Z" concerted v.tul; tn rcwr,tc III.
U' iin!tICN e.! 'a\Ip.U income.
Henderson daily dispatch., 1942-08-12
FUNERAL RITES HELD
FOR MISS IRIS READ

Warrcnton. Aug. l2.-I.aSt rite,
Toy Miss Iris Reid of Arrola. daugh-
81. ri Mr.. and Mrs. William II. Reid.
vino lied al her home late Sat
yrday night. after Il lingering illness.
we've held from her church. Meth
'Gl>t. n ArCola. Warren county. at i
u'ciock on Monday afternoon.
The Rev. y. ". Grant. pastor oG
Warrcnton WIS ~ charge. Inter-
Henderson daily dispatch., 1942-08-12
ENNNIPIE-Tall,

T.NNNIFTF-TNNU We 'TIN WIN
H.nS $4,000. Under unW >c,l"da.c,
"HEoN!malcly hylt that VIII ~ -
t"!nl :aNcS. Something Ike 10 nrg
INK VIII 20 10 tate INCOME taNC>
'r taxpayer would have lett u"5y
"."i 100000. However. ne would
..r Had the handling # S5O.OOu i
% federal government goes ~ II"
.".H.c source ana stops delivery
IS share OF the income. he IAN
'.. Will never rvCvlNn INTO his
session more than S25.DrU - $40
Actually Il" Will bC ''u worse oft.
.' -ych".CgICally he will tee. n,o:r
.."'ncnt against p;:<ing ,a<r. H.
~.a'" on that money Nu.,a "r
... @dd
Henderson daily dispatch., 1942-08-12
NO PDIITI( y?

w FVTITI Tt y = STATE OiilClaI,
VINO offended Inc F. flag raising
a. t.>n Monday report that almost
no p'.''- Ha, discussed Tha, des-
phi" '#c H.',cnC. Of two former gov
''nu.-. '".," upngrc>smcn. eight or
zen aGa rank Dg State officials.
ID"'H- .. .cscr political lights, and
numerous a".'nd The scenes opera
tor
Henderson daily dispatch., 1942-08-12
DOT GI!TOSS

''''' Hc DDuSnlbII
pr1'Hcrs. Rufus and Robert. we're
'A"rc hale. Hcar,| and hungry. de-
,p.'" NO.. .ourSCOrc years Robert
H. chairman OF the House ways and
mean c.n";tc" in Congress. COM
Ntnt.2 On suggestions that he
il!2ht "c ufcrwoTked. said he was
more likely suffering from over
lest.
Henderson daily dispatch., 1942-08-12
GARDNER

Man Gardner didn't say anything
gopjl running Tor the United States
senate. but som" of the other Wash
ngton contingent said the matter
Was being talked around the national
capital Some Westinghouse were
'aId 10 believe the Gardner appeal
i"r increased salaries for State
WORKERS. including teachers. was the
opener in a 'scnaa,rial campaign
against Senator Reynolds.
Henderson daily dispatch., 1942-08-12

SHORT - Elkin visitors were
amazed AT the brcvity of the pro-
gram. The occasion was delivery 10
Chatham Manufacturing compan;
Of the Army-Navy II" flag for cx-
Cellence. That didn't take very long.
But 1t was novel occasion in North
Carolina for that many high pow
cred Army and Navy officials. fed
cral and state civilian officials, poll
teal candidates and kingmasters TO
get through in less than thirty min
uteS.
Henderson daily dispatch., 1942-08-12
EXECUTORS Nor,c,

Having qualified as I.o
lhe Estate OF Mrs. Martha Ei ,,,''or Of
ceased. late of Vance Cmntu,ier de-
Carolina, this is 10 notify nii' North
having claims agains, tho perSons
Saia deceased To cNhibi, tbo vS'a'e Of
Undersigned a, licndrr~"n " L, L, lie
aroma. ON or before Tho io,N "r'h
"i Iuly' 1913, or this nolica .o'n day
p'caaea III bar of their rnco,. WITH Dc
al persons indebted ,n SHY.
WILL, WILL please make immcdiatho estate
This 9Th day of July, 1912
Executor Estate of Mrs
po. Martha Fuller
Ferry Il kittrcll. Attys
henderson, N. c.
8-l5-22-29-5-l2
Henderson daily dispatch., 1942-08-12

Buy War Savings Stamps or Bonds
Today!
Henderson daily dispatch., 1942-08-12

ment WIS in the church cemetery.
Surviving are her parents. MIR.
ana Mrs. William II. Reid: one
brother. Alvin Reid of Arcola: two
sisters. Mrs. J 7. Colcy of Acola
and Hrs. J. ID. Shcariu of Rich
mond. Va.
Miss Reid formerly held Il position
III Warrcntun. She was Il mcmb,s' OF
the Methodist church.
Henderson daily dispatch., 1942-08-12

In the African desert sandwich.
n" doubt. more than lives up 10 its
name.
Henderson daily dispatch., 1942-08-12

30-6-l2-20
Henderson daily dispatch., 1942-07-30
AAA Seed
Is Received

r..y .5.......4 .......
..... ,.'l.
cd ......,,.. I...,,,..' ...,...., .......
.,., .,. ....
,. '.......',. '.'. '...
...... ..r 49,. ,'.,,... rl
"A, .-.r,.... .,.,,' ..,.. -
,..r,-.,, 800, 90, \ ~ ,,'.,.,..'
\...,.,. ,......,,.' f.....' ...,.,..
IT,, l-.,'.. ..'......,...
,.r...... .'''
Henderson daily dispatch., 1942-07-30
R. A. FASCHALL. OF
iTiiDDLEBURG: DIES
Funeral Will Be From Resi-,
dence Tomorrow; Was
Lifelong Resident

After ...I. ~ G.r..r.n, s.r.r..
.py ID luu. while. lnp,,r Attire: Prs
ChaN. -. died ~ his l.u, ur Hu.'
3. Henderson,. r NuGll.3.ro .ny..,-
shin I'd, % ,'r.ucs tin. -u.u,r.
rwc.ry-,l., months ago .c -u.ir..c
= ,ir,.r. .-m. .,.c. lie u..,r re-
covered
Nh Pa cnlu u.s born -, 1nr Pas.
rhall numrplar,. May l.. 1867. an,
lived There his ~.,.I. lic II. baG
been n.rua,r OF the Midalcbun.
Nctnod,~, .m-r, more than n,;,
years. II, .4G engaged in ;ar,n,ng
al. of n.- lie.
S.ul!y..g Gre The widow. Mrs
Gertrude Hr...yv pa-chalI. and In,
io!luwIu. .....ru. Mrs. (. G.. stain
bacE. Route q Henderson; Nh. Mel
lie Ba~.... NJ baseball. Il. \
Pasc.s. OIL. .ud Hal r.. cn.Il. %.
Rout, g. Henderson,; il. II. Pa.cnal!
Roau...- S.. Mr.. p. !. Umruu
Norma. Al. r v. Stccd. Burning
ton. AND -.. grandchildren and tv,
great -.,4...lGrcn.
F.nr-. service viii bc held from
10, r,- .G,.... .r.ro/W afternoon Il,
five p',..r. .. rHarrc ~; Rev. =. "
Lee. p.-'.. .. Nlddlcburg M";hudi
church. ... ...rrmcu, viii be IN IN,
pa-r.... .-..v cemetery ar III,
numo H., % Il MathiSon ana Re.
Henderson daily dispatch., 1942-07-30
Knit Garments
Shipped; New
Quota Arrives

Aiv. Laurence -. Wall. chaii man
80, knltt.u. ter line Vance county
chapter ut the American Red Gross.
announced today that he made :,
shipment Of ~ ku!t,rd garments for
lac ulru ~ :nv armed forces yTEtCr-
iay. Iud that She has received wool
tor about @#u r-ur" garments which
uu,t Dr shipped 'u their destinations
Ivy Scu'ywnrr
lmr'uG,d 100 the number sent uu;
YESTERDAY We're - sleeveless may,
sweater yw.ug L. - Red Cross urlC
sGry'n. I ,.!- country. as well Il:
~ >',r., les army sweaters also go
v- r ,H.- country. Mrs. Wall Saiu
that this .a~ Tho last q! Il quota re-
.,..,I r NialCh from the Red Gro.
..'u.... Headquarters. Since Marc.
.., .a- waGv two other Shipn ems
I..- a.n'r should haNc been cun:.
-l,''.. H.'"t" 'llI.ty days "v >I\ry q.
,.r latest. nUl u - NOW nearly IL,
r.-'w- since the quota VAS TryrIlrD.
ia, 60 ,a, small number of p"url,
...".'I.
The American Red Crps na.
g, . survey "i the i,uI';Ir. pop
.' % The counties m ruc c".u
N Mrs. Wall SAID, and ul.r kur-
'..- population y pu' down a., luu.
... is very conservative. To- 81.
.. east. This means that ~ Least
.... -....a'n;S month should nr pro-
.."G Tn" quota above referred L.
. .,,n !Illcd at the rate 90 10 go
...'- % month"; with IN, "'ritH,ui
.c>prm~Iblc tor ~, Hnrn du'r'
..... Wall explained :H.. matter a.
.... NrIr that the hundred Dl ..,
Henderson daily dispatch., 1942-07-30
MOTOR VEHICLES
TO BE INVENTORlED

An inventory al new commercial
motor vehicles has been ordered by
the war production board. the Hen
dcrSun Chamber ni Commerce. mas
been advised
The inventory Will be taken H. of
the close of business July 81 and
Will cover all types OF new light.
medium ana heavy trucks. trailcrS.
truck and bus chassis. oii-thc- high
way vehicles. and ambulanccS. hear
SrS and station wagons. II viii not in
cludc taNlCabS and rntcgratcd bu cS.
The forms are being sent Ia deal
trS and must he mailed not later
Henderson daily dispatch., 1942-07-30
THURSDAY, JULY 30, lyiZ

than August 3 To WPR's nc,
vrh'rl" unit IN New York City. "'o'"r
Buy War Savings Stamps or R,ns
To-day, oohus
Henderson daily dispatch., 1942-07-30
GUILTY or SPEEDING.

Howard Lawson was guilty of
speeding when gwen hearing to-
day III county court before Record
or X. f.. Clements. and prayer fpi
judgment was continued upon pay.
mcnt of the costs.
Evening star., 1942-10-19
War Financing Given
Major Attention al
||BA ConcIave
Rail Securities Group
Expresses Fear of
U. S. Ownership
By the Associated Press.

BY the Associated Press.
NEW YORK. Oct. 19.-The In
vestment Bankers Association of
America today opened its 31st an
nual two.day meeting here with the
announcement its major item of
business would be a study Of par
ticipation in the war through help
ing finance it.
But with reference to our busi-
ness discussions" said John S.
Fleek of Cleveland. Il wish to en-
phasize the point that it is also our
patriotic duty to keep our organi-
zation going-despite all discour-
agements and Interruptions.
This requires consummate reso-
luton and resourcefulness"
The IBA's Railroad Securities
Committee in its report expressed
hope 'the present continued lack
of interest on the part of private
capital and the pessimistic attitude
toward railroad securities in gen.
eral" would change because I'VE
would hate to see Government
ownership of the railroads and the
far reaching consequences that
would follow"
The committee said:
I'VE all know that gross revenues
Of the railroads are making new
highs and it is also true that the
companies have placed themselves
in stronger financial condition
than ever before. All of this, how
ever, is ignored by investors.
Few are interested in these high
earnings because they are considered
temporary and due entirely to the
war production program. Earnings
may not continue at the present
high rate after the war, although we
must remember that the railroads
will have to play a very important
part in the general worldwide
rehabilitation program that will fol-
low.
Therefore we can reasonably ex-
pect earnings substantially better
than seem to be indicated by the
present investment opinion of rail-
road securities"
Admiral Emory S. Land, chair