davidaulloa/AmericanStories huggingface dataset:
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1943-10-08
Facts About
Price Control
BY MARGARET ". COOPER
Price Clerk

HOME FRONT PLEDGE CAM
PAlGN: Some time this week all
school children in Vance county will
be given the Home Front Pledge Ia
take home to he signed by Then. par
oniS and neighbors The pledge states
that the Signer pledges not to accept
rationcd goods without giving up ra-
ton stamps and that they will pay
no more than top legal prices The
purpose Of this campaign Is tn ac-
quaint every person with their duty
10 the Home front. to see that ra-
TONED goods are distributed fairly.
TO help hold down the cost of llv-
ing. TO help eliminate black mar
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1943-10-08

CD government thrift III taxation rCr
capital purposes: and "a new bank
money or deposit Cscd.. rcs..::ng
from IL loan.
The iirS. three al the uDovt, MON
toned sources Of capital are ansoll-
iciy Sourd. | am mo- 80 sold ON The
fourth, which is nothing anon. in.n
borrowing. There is mow too large
AN amour. u! borrowing ur "yrg-a-
ing bank credit against the purchase
OF government securities. The .ry, ..
this is far above the amount -! bro
kerS loa"S preceding the 1929 S:,cl;
market crash. And all this credit i
beng secured u, u ridicu,ouSiy iUw
interest rate. wonder hoy' lura iuc
Federal Reserve System can - ON
buying. for lis member ba Ks. COY
er3ment Secur!t!c- Ia the extent i has
been doing and letting the banks en-
pand their credits fpr this purpose.
Effect On Investors And Banks
AS an initiation brake ard t. stop
expanding bank credits. tho Treasury
Department is now cndcavorin9 II 20,
government bonds into the hu~dS Of
Individuals rathcr than into banks.
But Ia do this they mus: ultimately
pay higher rates Ol interest o. "ny-
crnmont papcr. If rates 90 un inycs-
tors bond portfolios will shrink in
value and there will be q general
switching To equity stocks. This is
another reason why | am bullish on
the stock market and do not like
h!sh-pr.ccd. low yield bonds.
Even Il small rise ia interest rates
VIII help b. Ks and :hcir tp.l:lul-
der. Long-;c.m. n.gh-G.adc bonds
held by bank will. O.! cnurSr. then
slide off. liuwcycr. 'H:cS Tor uEsrcu-
81 and tor Culia.cI.l loan. tg"ihr.'
with loans "n real estate. Si,auli =. -
:" swell the hI g.. gr"ss income.
iImk- holding q large quantity O..
Snort-:iic i.N". :u.;.3I;- il govern
mruts. mum.rip"ls a,d cumnrrciu'
pHrcre viii -" .u "a" hes, position.
Srrh h.m!.; can iu.up hlrE n.r To-,
corporate huud mari.v, l"tcr on u..i
pick ap $nmC bargains IN Discount
h"ads. B.uEs h"li.r" large G::u;-
iIcs rI ,'u:;-'":m ruuda may 'r.r -
licking.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1943-10-08
Interest to Increase
In Postwar Era
Continued from 7asc Onc)

Continued from -asc One)
the yields on short-tcrm. hir!l-ur,lc
bonds are aASurdlv low. Dollars arc
being multiplied very rapidly through
the cXp%I..u" ni bank credits. Bu,
the rapid rise ~ the quantity al dol
lars has been e, the expense of their
Intrinsic value. II the Federal Re-
serve autauritlc, should change ihci.'
policy and tighten the supply %
money. we could have Sharply rising
interest rates. This may become ne
| ceSSary in OrUcr 10 attract investors
funds TO government bonds and notes
in any really suDS:a tial amount.
Are Economic laws Changing?
Economic principals cannot always
be depended upon 10 hold water con-
SiStently. Their course can be di-
vcr:ed To some extern, by wars. Legs
lation and perhaps by human nature.
The old quantity theory Il money
is that increasing Inc amount uG gold
or silver money always causes hlaacr
commodity prices and. az. lower
interest rates. The ncw co vcpiiun
oil the quantity" theory .! money
is MS follows: Any increase in its
quantity, however derived. Viii lower
rates: also that all forms of new
bank credits, although perhaps ba,i-
cally dangerous, can be Il real SullrV"
of capital. In other words. these
cumulative professors believe ina:
the money market may be IN .Styu-
lated 50 il is no longer necessary 10
wait for individuals IL accumulate
az save capital.
Both the old and amended m"nc..
theories assume that lie ia.in 90: IA"
lenders will remain ICE pGi cent and
constant. Loss of Faith by tHc leaders
vii Offset the effects Of NOR, avail
able money and credit. Il Lenders
viii offset The effects oI more avail
able money and credit II lender
come Ia believe INA, The money Wu.v:.
they are L. Lci i've "a iCn year.
hence in payment OF their loan. will
be poorer mu-cy and viii have les;
purchasing power, then these len
dcrS Viii demand Il hiGhc.' rate Ia
compensate Ga" this risi:. Fearing this
loss al faith" factor is Ii" reason
why expect higher interest rates
after the government take off IL
control which some day /, must do.
What Is Capital?
All of It's have som" capital. Il
may be represented by the cinthca %c
wear or The stocks. bonds and real
estate which We own. Capital i phi
ma:ily derived from work or pro-
duction. II may consist o! factory
buildings, machinery. RAW materials
farm produce. barns or inventories
! Examples are almost imcXnauStIhlr
! The principal sources al capital arc
| D consumers thrift: t2l direct capt.
| taliZa:ion of the product of Labor
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1943-10-08

nascs between people VINO scarce
ly know each other" Brenda re-
torted. Jack and Ruth have known
each other since babyhood. Ruth
knows what he looks like out of q
uniform-and he'll probably look
even handsomer in one"
Maybe you're right" said Adj
am. But I'm no matchmaker"
Jack and Ruth saw them, and
lacked grinned.
Maybe my prayers are going to
be answered after ALL" he said.
Ruth shrugged and said,
"Amen!"
You mean you're not worried ?"
Jack asked her.
mo. not especially" Ruth said.
But she WAS worried. She had
never seen Brenda Leigh look more
attractive. she has to be with
Adam lot. now that she's got q
hand in producing the play"
Just the same" said Jack, ct
claim they arc rs much made for
each other rs are you and l."
Some other players arrived then,
and Mrs. Plat began bustlIng
about. managing things.
"All right. everyone to his
place." she announced.
Susan Potter stepped close to
Adam to speak before the rehearsal
began.
Thanks for being so nice to the
I m IN mi Oh. a
good worker. and was terribly up
set over the sugar and salt cpl
Sodc."
"Tcs. so noticed" said Adam
q bit dryly. "She had a hard time
explaining such 4 stupid accident
mixing the two when retilling the
two jars"
Poor thing" said Susan. "She
does So want TO hold on to her Job,
on account of her nephew"
whats he got to do with it ?"
shes crazy about him." Susan
replied, "and shes been helping
him to buy 4 motor boat. He's got
some sort of idea about making
money taking people up the river
To hunt in the winter, and down the
river to fish in the summer"
Il Sec" said Adam. Greenish
colored boat passing the old
Leigh place. The pantry woman
helping her nephew. Putting two
and two together. what did YOU
get? You got n lot of headaches.
that's what you got. Susan. do
something for me-" he went or
presently. Keep your eyes and
ears open every moment. and find
out all you can about this nephew
of the pantry wOman's."
Mrs. Plat called out once more.
and the rehearsal began.
ITO BE Continllrh)
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1943-10-08
k|xk5N Az2AAzES2|p,

| nembering tnat, note the watch
men had found. He took a long
swallow of Mis-: Sally's delicious
coffee. IF it weren't for Peter
Plat I'd ditch nat play, and turn,
detective during my of moments"
Brenda slid her hand across tho
table and touched Adams.
Don't let it upse, you my dear
she said gently. "And you can
count on me to do all l can 10
help"
Thanks" said Adam. He twist
ed his fingers around Brcnda's.
and liked the way her warm hand
iclt III his. II made his heart beat
Il little faStcr-madc him feel a
deep longing for tho Time when
people could lead normal lives,
when they didn't suspect every
thing and everybody, and when fac
tories were turning out tools for
farm machinery, and not for the
machinery of destruction. He also
thought about the Biblical verse
mat HAD To do with beating swords
mo p!owSharcS and sigh @ d.
You're great girl, Brenda" he
said presently. I'm going to miss
having you around when you 20
back To New York"
(which reminds me-" said
Brenda. that the newspaper /
worked for up there is after me 10
IslIt SfuN ssit.,,.t
many mon arr icing called. it
seems there's Il shortage of people
un til" STAFF"
"Arc you going 10 do 1t - cnt
y"ur stay short ," said Adam.
Il don't know just yet" said
Brenda. 1t depends Gn-on a lui of
| things"
They finished their meal shortly
after that. ami walked OH over 10
the high school building. Most of
those who T:cr" To- appear ia the
| play wer" already there.
Jack Vinton and Ruth More
house We're Sittin" on the stage.
looking very much aS though they,
had been QIIarrCiing.
why don't you d0 something
about those iwu?" Brenda asked
Adam as they went down the
aisle.
How do you mean" said Adj
am.
Get them married"
DO you think that's wiSc-with
Jack likely To be in the Army any
day."
"O' course it's wise"
"But "A lot of war weddings turn
ont badly" said Adam. After tho
excitement is over. tho men don't
seem so Siamovous out of uni
form. and the girls don't seem so
desirable"
That apphes - hastv mar
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1943-10-08
CHAPTER rIIIRTY-ONr;

L
MISS SALLY insisted upon serv-
Ing Brenda and Adam herself. and
then eyed them lovingly as they
started eating.
i've got n Lady Baltimore
cake" she said. tina. l was PLAN
ming to keep until Sunday. But I'm
going TO serve you that for des-
sert." She let her eyes linger on
Adams upturned face for a sec.
ond, admiring him.. wishing that
she were young again. and that
Adam were just like he was ut that
moment. Il remember now YOU al
ways called 1t your favorite cake"
"Yes'm." said Adam. But nv
folks were pretty frugal and sell
dom made it. They said Lady Bal
timore cake was far too cxpcn-
sive and hard to make for their
budget and our cook"
Nonsense" said Miss Sally.
Anyway, you're going to get
some today. You like it, too. don't
you. Brenda"
Il adore it," said Brenda. ITS
one of the things Aunt Marv's 90
ing to teach me to make"
"Shucks and molasscsi" said
Miss Sally. Aunt Mary's no cake
maker. If you want To learn how
to make q COOL Lady Baltimore
cake, You come 10 mrr' She pattcl
Adams shoulder. IF that's Adj
ANS faroritc cake. you ought to
know how To make ii as il should
be made"
"Of course" said Brenda. "Anl
thanks lot"
Miss Sally left them then to
hurry TO the cashiers desk, and
Brenda and Adam went on with
their meal. Everything was deli
cious and they enjoyed it in spite
OF the fact that they both KEEP,
thinking about the Johnson farm.
bringing up the Subj"ct again and
again.
II keep thinking" said Brenda.
about newspaper story read
the other day. y story about enc
mics of the country landing on an
isolated shore and buryinC cxplo-
dveS- stuff they intended using
ht"r To blow up a fort--and 4 fac
eory that was turning out war ma
terials. Maybe it's silly of mo, Ad-
am, but I kept wondering if-weI.
IT someone might b. doing that out
AT the Johnson farm"
ITS silly of YOU" said Adam.
I'm being silly too. Because I've
been wondering the same thing.
Maybe ought In drive out and
see if the boat is anchored I'm the
river some place"
But you might have 10 drive fo,.
miles" said Brenda. And Mrs.
Platt's expecting us"
"N"s. I know" said Adam. re-
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1943-10-08

Prize List now III effect. We ask cacn
housewife tn iamIiaTiZc her self with
the prevailing prices III the stores
where she trades. y good rule To- fol-
low when making Il purchase is be
sure that you arc paying no higher
than the ceiling price and that II
YOU don't need ii--Don't buy il.
POINT VALUE CHARTS: The
Oclui,c! Point Value Charts navc
been received AT the local War Price
and Ra'!uni#% Board. Any merchant
desiring 4 chart may obtain one by
calling by this office.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1943-10-08

India has established control over
factories doing war work.
The Daily Alaska empire., 1943-06-17
GIRL SCOUTS HAVE
 HEARTY ApPETITES

Life at the Girl Scout summer camp at Eagle River is proceeding with zest and animation, reports Commissioner Mrs. H. L. Faulkner today, who in the same breath is sues plea to mothers of girls now at camp to send cookies, jel- lies or marmalades to help satisfy the healthy appetites the outdoor activity is generating"
 Such additional goodies may be either taken or sent next Sunday, which is Visitors Day at camp. Visitors are asked to provide their own lunches unless they already have eaten.
 Parents who wish to send letters or goodies to their girls may take them to the goth Century Meat Market up to closing time Satur- day and they will be gathered up there, Mrs. Faulkner states.
 Without an official camp book, the women are taking turns at the responsibility and are reputed to be turning out highly satisfactory results.
The Daily Alaska empire., 1943-06-17
MORE SPORTS NEEDED SAY
 WAR CHIEFS
Will Encourage Physical Fitness Programs
 in Schools

WASHINGTON, June 17.-Uncle Sam, through the Federal Secur- ity Administration physical fitness committee, has adopted participant sports as a war project.
 Chairman John B. Kelly of Philadelphia said "schoolmasters have been spending too much time examining, but you can't stop Hit Ter with perfect English"
 He said automobiles and other gadgets made the American people soft.
 FSA Administrator Paul V. Mo- Mutt said he will seek to promote the fullest assumption for physical fitness in all colleges and the various governmental participating will consider high school teams as transportation problems to encourage competition.
The Daily Alaska empire., 1943-06-17
IN CLOSE WIN
 YESTERDAY
Left Fielder Babe Barna Scores Red Sox
 Last Tally
(By Associated Press)

Left fielder Babe Barna wa s successful in his debut with the Boston Red Sox in the American League yesterday, scoring a ninth inning run for one-point victory. He also made nice catch off Jim Tyack in the fourth as the Red Sox beat the Athletics to 2.
 Chicago ended a five-game losing streak, driving Al Hollingsworth out of the box in less than three in nings to win the nightcap from the St. Louis Browns 5 to 3.
 But the White Sox went to town in the nightcap, drubbing the Browns to 0. Chicago uncorked five double plays in the latter con- test, shortstop Luke starting them all. a"
 An eighth inning rally good for five scores gave Washington vic- tory over the New York Tanks.
The Daily Alaska empire., 1943-06-17
ReIaxRuIes For College
 FoofbaIIers
New Regulations on Coast May See Profes-
 siondIs Play

SAN FRANCISCO, June 17.-The Coast Conference athletic faculty representatives have swept aside the peacetime eligibility regulations and are putting college football on a wartime basis, making all stu dents enrolled in the Army or Navy training programs eligible for competition, including those who have completed four years of coll lege competition. .
 Suspended also is the transfer rule, except that transfer can't compete against his old school un- til after 24 semester hours have passed.
 The representatives decided anna teur standing will not be affected if the new rules see some profes- sionals playing on teams with anna teurS.
The Daily Alaska empire., 1943-06-17
HOMES
 A5 GIANTS
 WIN GAME
Dodgers Edged Out } 10 2 But Collect ! Hits
 in Contest
(By Associated Press)

Manager Mel Ott's sixth inning homer with Sid Gordon aboard sparked the New York Giants to win over the Brooklyn Dodgers 3 to in the National yesterday af- ternoon.
 Rube Fischer held Brooklyn to seven hits.
 Three runs in the eleventh gave the Reds a triumph over the St. Louis Cards.
 Veteran Si Johnson pitched a three hitter, unshaken by a black out test that lasted 45 minutes, as the Phils handcuffed Boston.
 Pittsburgh made it two straight over Chicago, driving Hi Bithorn from the mound in the first in- ming when Frankie Gustine doub- led, Frankie Colman tripled, and Jimmy Russell and Bob Elliott singled.
The Daily Alaska empire., 1943-06-17
DOUGLAS
 NEWS
MRS. CAHILL COMPLIMENTED
 WITH BON VOYAGE AFFAIR

WITH BON FOfAOE ATT Alh
 Mrs. w. E. Cahill was surprised at her home last night by group of 21 of her Douglas friends on the eve of her departure for Cali fornia to be gone about year while her daughter, Doris, attends college for her first term
 Progressive contract bridge en- tertained four tables of the guests for the evenings principal diver sion. Prizes went to Mrs. Cahill high, Mrs, Alex Sey, second, and Mrs. Alex Gair, low scorer Mrs. Robert Fraser received the cut prize. A handbag and gloves to match were presented to Mrs. Ca- hill as the going gift. De- licious refreshments were served
 Those present included Mrs. Alex Sey, Mrs. J. R. Guerin, Mrs. Frank Pearce, Mrs. J. O.. Kirkham, Mrs. Robert Rice, Mrs. Erwin Hach- meister, Mrs. Robert Fraser, Mrs. John Mills, Mrs. James Sey, Miss Jennie Manning, Mrs. Joseph Riedi, Mrs. Guy L. Smith, Mrs. Felix Gray, Mrs. Thomas Cashen, Mrs. Charles Tuckett, Mrs. Marcus Jensen, Mrs. Elton Engstrom, Mrs. Arne Shud- shift, Mrs. A. A. Bennett and Mrs. A. E.. Goetz.
The Daily Alaska empire., 1943-06-17
NOTICE TO CREDITORS

NOTICE TO CREDITORS IN THE COMMISS SSIONER' S COURT FOR THE TERRITORY OF ALASKA, DIVISION NUM- BER ONE.
 Before FELIX CRAY, Commission CT and ex-officio Probate Judge, Juneau Precinct.
 In the Matter of the Last Will and Testament and of the Estate of MILTON VALISON, also known as Milton Valeson, deceased.
 NOTICE IS HEREBY GIVEN that the undersigned was, on the lst day of June, 1943, duly appoint ed Executor of the Last Will and Testament and of the estate of Milton Valison, also known as Mill ton Valeson, deceased.
 All persons having claims against the estate of said deceased are required to present the same, with proper vouchers attached, to the undersigned at Juneau, Alaska, within six (6) months from the date of this notice.
 H. L. FAULKNER,
 Executor of the Estate of
 Milton Valison, deceased. First publication: June 3rd, 1943. Last publication: June 24th, 1943.
 adv.
The Daily Alaska empire., 1943-06-17
SEALS SINK HOLLYWOOD
 ON l2 HITS
(By Associated Press)

The San Francisco Seals reached Hollywood's' Roy Joiner and Faye Thomas last night for l2 hits to sink the Stars g to A. Don Thower laid out homer for the winners.
 Jodie Phillips pitching gave Los Angeles a win over Oakland. The Angels drove Italy Cheini to the showers in the second inning.
 George Mcdonald batted in four of San Diego's runs as the Padres chalked up their twenty-ninth con- secutive inning without being scored on, dumping Seattle as usual.
 Portland defeated Sacramento to even their series.
The Daily Alaska empire., 1943-06-17
WEBFEET TO
 MEET CITY
 ON FRIDAY

Bolstered by members of the Beaver team who are filling in whenever they get chance, the City will tackle the Webfeet in the Firemen's Field tomorrow evening at 6:30 o'clock in what appears to be a natural.
 The Webfeet are holding down third spot in the standings, but the much-improyed City outfit may get a win tomorrow.
The Daily Alaska empire., 1943-06-17
,ELkS' OPEN HOUSE IS
 SUCCESSFUL AFFAIR

Last nights open house at the Elks, for members and their ladies was acclaimed great success by all who attended
 Lillian Uggen and three-piece orchestra provided music for danc- ing, with festivities beginning at 9 o'clock. Ellis Reynolds and his committee were in charge of the affair
The Daily Alaska empire., 1943-06-17
BEAR SEASON WILL
 (I0SE ON JUNE 70

According to Frank Dufresne, Ex- ecutive Officer for the Alaska Game Commission, open season on bear will end June 20
 After this date, all open seasons on, game animals and game birds will be closed until September |, at which time grouse and ptarmi- gan may be hunted
The Daily Alaska empire., 1943-06-17
MRS. MARTHA WALKER sf
 HERE FROM PELICAN

Mrs Martha Walker, business woman of Pelican, arrived in Ju- neau this morning for short stay She is at the Gastineau Hotel while in the city.
The Daily Alaska empire., 1943-06-17
GAMES WEDNESDAY, National League

Brooklyn 2, New York B. Chicago 2, Pittsburgh 5. Boston 0, Philadelphia 2. Cincinnati 4, St. Louis l, II in nings. ytH
 American League Philadelphia 2, Boston 3. St. Louis 5, o; Chicago 3, 9. Detroit Cleveland game post poned.
 New York 3, Washington 8.
 Pacific Coast League San Francisco g, Hollywood f. Los Angeles 8, Oakland 2. San Diego 5, Seattle 3. Sacramento l, Portland 3.
The Daily Alaska empire., 1943-06-17
MAJORS TRY NEW
 TIME FOR GAMES

NEW YORK, June IT. Major league baseball game times now run from II am. to 9:30 pm, a virtually continuous performance except when the teams are idle between 6:30 pm. and 8:30 pm.
 The clubs are experimenting to discover the time best suited for war worker fans.
The Daily Alaska empire., 1943-06-17
H0SpIIAL NOTES

Thomas Bennett : entered St Ann's. Hospital yesterday for sur gical treatment.
 William Peterson has entered St. Ann's Hospital for medical treat ment.
 Dorothy Thibodeau and Mrs. Alice Sitton, medical patients at St. Ann's Hospital, have been dis missed.
 Olaf Olsen was an outgoing med ical patient yesterday at St. Ann's Hospital. Andrew Vierly and Billy Bean were discharged yesterday from the Government Hospital and have been taken as boarders at the Winfield Homie.
 Pauline Rudolph and Frances Pickerniai are recently discharged patients at the Government Hos pital
The Daily Alaska empire., 1943-06-17
FIELD DAY SET
 FOR EVERGREEN
 BOWL TOMORROW

The main event for the second field day of the year to be held at the Evergreen Bowl tomorrow afternoon is to be shinney golf tournament open to all persons, both boys and girls, up to Is years of age. Each contestant must arm himself with shinney club and an old tennis ball. No other type of equipment will be allowed.
 N Contestants are to start out from the Bowl Office in assigned groups of four and they must have their entire score turned in by 2:30 o. clock in order to have it count. The first group to start the course will begin at 1:30 o'clock and are to complete the nine.hole course, rain or shine. Three prizes for both boys and girls will be of- fered for this event Prizes for the day are offered through the Shat tuck Insurance Agency.
 Archery Range Ready 7 Archery has again found its place in the activities at the Bowl. Two new targets have been constructed and are available for. the public, both adults and children. Targets will be furnished to those having their own bows and arrows and others may rent equipment at a very nominal cost.
 The second event in the days ac- tiyities will be an archery golf shot Instead of having the target in vertical position it is laid out horizontally on the ground and the contestants are to shoot up in the air and attempt to get the arrow to come down as close to the target as possible.
 ltA Pool Repaired
 The swimming pool has been re- paired and will probably be ready for use by next Monday The water will likely be quite cold. No medi- cal examination will be required of those desiring to use the pool, how ever, any person who is not clean or has sores upon his body will not be allowed to enter the pool A cold shower is required of all who desire to go swimming. The public is cautioned at this time to stay away from the pool when it is not officially opened Persons found in- side the fence when the pool is not open are subject to arrest. So Tar the telephone company has not been able to install telephone at the Bowl but it is hoped that one will be available ill the near future.
 Vandals Active
 Vandals, both big and little, have found their way into the Bowl again The door to the pool was broken open and some person found entertainment in cutting the ropes on the swings. Will all adults using the Bowl please assume re- sponsibility for stopping such ac- tions if they see them happening? Many materials are difficult if al- most impossible to replace so it means that if a great deal is de- stroyed the activities at the Bowl will be limited
 A cordial invitation is extended to service men and the public in general to come down and enjoy r,xt,,a ,rnrd l,aoltbf,,1 ,.aoraatia,,