davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
4 Firms
Formed

LANSING. May a (UP)-Ths
Michigan Corporation and Secure
ties Commission today had
announced that articles of incor-
poration have been filed by the
following Detroit firms:
Detroit Mold Engineering Co.,
1885 Woodward: Ivar T. Quarn-
Strom, Detroit. TO deal in tools.
$50. 900 common stock
FloreZ, Phillips e. Clark, Inc.
S17 Fox Theater Bldg, Charles
S. Phillips. Genaro A. Florez and
Leroy A. Clark. to deal in slide
films and moving pictures, $50 900
common stock.
Murry's Industries. Inc. 1905
GFisweid, Carl II. hurry, Morti-
mer Murry, and NJ Manuel Mer-
ron. Detroit, 10 deaf in furs, S. 900
common stock
Pyramid Manufacturing Co..
Royal Oak, Edward G.. Chicklas,
William Robertson and Ronald S.
Woodward. Detroit. 10 manufac-
ture and sell parts and tools. S20,-
900 common stock.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04

FRUITS Apples Baliwins fancy 81 -
bu. No l. x3H35O. Northern Spys
fancy Nit bu No j. 50 so IS
Steeles Red. fancy S4ii bu No
81 80 rs. Note-Ceiine price on apples.
81 10 fs-lh hu
VEGETABLE. GREENS French Enlve.
so Z. sag Is SID box. Green onions
SIS u uoc dov nchs
VEGETABLES miscellaneous, Reefs
topped so. n Si0i 90 on Brocchli No
81 30 nu Cabbage. No $i0125
hu Carrots topped No T. Si.254l
bu Celery Root 80 l. 81 50o3 bn
Chves Si4i % doz H0rse-radish. 81 %
peck ossket Leeks. No. :, 81 50T2 doz
hths parsnips fancy s. bu no J.
50 % 80, Potatoes. No T. 81 25G2 rs
100 lbs Rutabagas. 40 : Si1125 bu.
Radishes red. dollhouse. 81 20 doz bchs
Turnips TOPPED 40 soc 81 25 bJ.
Rhuharo dollhouse fancy 81 Ill0- 5-lb
box. choice % soc small. 251i.50
doZ hchs
EGGS - Large. SO 50aii So 3O-dor
case medium 50 10
PLANTS vegetables, misc. 81 IS Cat.
cabbage, 81; Covers. mise. sl.50ai75.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Quotes Outstanding Comment by Baruch

No has made astute the tarff
than Bernard M. Baruch who remarked TO
Instead taking high tariffs, the United
States ought TO the psychology and announce that here
shall admit imported foreign
which maintains living standards high
own"
Brcker Of Ohio recently asked whether
should absolute freedom Of international trade after the
said canddy that did believe because living
standards different parts of the world and mat opening up
suppressed labor
living conditions would lower the living standards OF
Americans.
aphorm by Frederick List the classical
observed that there free trade among coun
unequal living Standards there would be tendency OF the
level with high standards to fall 10 the level OF those
standards.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Michigan Grain
Stocks Reduced

LANSING, May 4 (UP)-Michi-
gan grain stocks in storage are
sharply reduced from normal sup
plies, the Michigan Cooperative
Crop Reporting Service had an
nounced today on the basis of
April surveys.
Compared with year ago. farm
wheat stocks are down % per
cent, corn 40 per cent and oats
81 per cent. Interior mills, ele-
vators and warehouse stocks are
also below a year ago with wheat
supplies down Il per cent, corn
4S per cent and oats 5 per cent.
On a tonnage basis, the COM
bined stocks Of corn, wheat and
oats on farms and in interior mills,
elevators and warehouses are 1885,
600 tons. compared with 1925, 900
a year ago, reduction of 48 per
cent
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Timken Roller
Pays Dividend

Thinker Roller Bearing Co., in
announcing payment of a 50-cent
dividend today. also revealed a
drop in the March quarter earn
ings this year as compared TO a
year ago.
The net profit for the 1914
March quarter is reported at
S1.34S,049, equal 10 SO cents per
share against S1,579,513 for last
year, or 90 cents a share.
Net profit for the 1914 period is
subject 10 final renegotiation, and
is after S4.677,000 for federal
taxes and S465,000 for contin-
gencieS.
The dividend is payable June 5
TO stock of record May 19. A like
amount was paid in the previous
quarters.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Drop in Beet Sugar
Deliveries for March

WASHINGTON, May d De-
liveries OF beet sugar during
March totaled 1.757445 bags Of
100 pounds each, against 2.535.1l2
IN March a year ago. From Oct.
l. 1913, TO March 81. cumulative
shipments amounted 10 9.979.295
bags. against l3.336.410 in the
similar period a year ago. the
L. s. Beet Sugar Association
reports.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Power Output
Up I2.I%

NEW YORK, May Electrical
energy distributed by the electric
light and power industry OF the
United States for the week ended
April % was 1896 247. 900 kilowatt
hours, against 66.72l.0 600 kilo-
watt hours in the like 1913
week. an increase OF 121 per
cent. according 10 Edison Electric
Institute
Output in the week ended April
p totalcd 4,3i4 lSS. 900 kilowatt
hours, against 1925. l75.OO0 kilo-
watt hours in the similar l943
period, an increase Of l07 per
cent. and in the week ended April
IS came TO 4.307 .i9S. 600 kilowatt
hours. against 1916, 794, 600 kilo-
watt hours a year earlier, an in
crease of 10 per cent.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
SSyndi(ateGets
i. Of N. Issue

A syndicate headed by the First
OF Michigan Corporation has been
named underwriters for S2,300,000
in University of Michigan IL per
cent dormitory revenue bonds.
The issue is redeemable as a
whole Dec I. 1915 or at any
coupon date thereafter at 100i2
for bonds dated June !. 1916
through Al; l00& on bonds due
Dec. l. 1947 through so and 101
on bonds due June !, 1851
through SO.
Proceeds viii be used along with
other funds to redeem the 81
COZ 900 in original issue bonds OF
3 per cent, dated Aug. l. 1899.
Other members of the syndicate
include Waiting, Lerchen Co.
Cray, McFawn e. Co, Miller,
REMOVER & Co. Grouse. Bennett.
Smith Co, Donovan Gilbert of
Lansing, and L. II. Schneider Co.
of Kalamazoo.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Packers Hail
Point Removal

KANSAS CITY Mo May 4
tUPl Packers and livestock rails
erS today hailed the OPA's sur
prise announcement freeing all eX-
cep' beef steak and roastS from
rationing as the smart thing
10 do
storage facilities are well
filled" Paul a. Dett. general
manager OF Armour q Co. said
land government buying has
slackened. Then. too. markets
have been Gluttec with hogs and
81 looks like wise move 10 re-
move the points"
Livestock men said there was
plenty OF beef on pasture in Okla
bona and Kansas. inSuring an
adequate supply Of graSsfeds even
IL the movement into feed lots
does not become large.
Packers said the move came as a
surprise. but was A welcome one.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Air Brake Drive

Detroit Chevrolet dealers will
cooperate with the Michigan
Safety Council and the Traffic
Association of Detroit in its
drive on faulty brakes and me-
chanically unfit vehicles. Deal
'-ess have promised 10 give Serv-
ice on brakes and safety devices
priority over everything else in
their shops except maintenance
service on trucks hauling essen
ton war materials.
The campaign will be carried
on throughout Nav.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Ford II Elected

Henry Ford III has been
elected 10 the board of directors
Of the Automotive Council for
War Production. He takes the
place of Charles +. Sorensen.
who recently left Fords.
The late Edsel Ford was one
o fthe founders Of the council
and was a board member until
his death.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
New Schenley
May Pay 81

NEW YORK. May At is I'M
derStood that the new shares of
Schenley DiStillerS Corp, when
issued. Will carry the 81 annual
rate of dividends now being paid.
which will be equivalent to raising
the distribution on the present
shares 10 So. the Wall Street
Journal reports.
Although the Schenley common
stock has not been on a fixed
annual basis. il has paid quar-
terly dividends of 80 cents a share
for about two years. In view of
the current large earnings. equal
10 S605 a share for the six months
ended Feb. %. against S3.77 in
the 1913 period. an increase in
distribution would be entirely
reasonable.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Priorities

The Detroit regional office Of me war
Production Board announced today the
following prlnrties actions
Lisa. Schedule q amended a pparel
for feminine wear RevlSes style restrC-
tons
List. Schedule g. amended High Volt
axe lnsulAtors Mobiles restrictions on
inspections and tests.
L.265 Int. 2 Laboratory research and
development relation OF P-43 and l. 265
NJ t6l, amended. Inventory Restrictions
Exceptions Revises Schedule a
PR Reg. 1. Direction ! Changes made
by customers IN orders placed with manu-
facturers
Phi Res. -. amended. Revises Lists A
and =.
For further detsn, contact wPB. 1910
Woodward. Phone TR 2-4sO0.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04

rowboat from Which the then
partly submerged site of the Great
Lakes plant at Ecorse, Mich, was
inspected
In December, 1912. Farrell be-
came director of purchases for
Great Lakes. its various divisions,
including Stran-Steel, manufac-
turer of steel buildings and build
ing products, and for the Hanna
Furnace Corp. an associated COM
pany In 194l-l942. he served as
president of the Pure asin G
Agents Association Of Detroit.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Dead Fish Bites

RED WING, Mimi. May 4
(UP)-ClerkS at the Red Owl
store had fish story they were
telling today A woman came in
10 look over the pike supply and,
was bitten by one OF the fish.
large pike, Startled customers
gaped as they pried her finger
loose from the mouth Of the fish.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Sundrd Of Browns
Gets Call 10 Navy

ST. LOUIS. May 1 (UP)-Steve
Sundra. right handed hurler who
had won two games for the St.
Louis Browns this season. has
been ordered to report for army
duty at Fort Dix on May 9 the
Brown management announced
today.
The Browns announced that
they had signed Denny Galehouse,
who won IL and lost IL last year
and is now employed by an Akron
rubber company. to pitch on
wcek-endS only.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Sions Point 10 Further Consideration

Thus there signs that the tariff Will again become an issue
There much Of tins Pous
theorists have decried log rolling tariff making technique
OF
board board act the
prejudice undgesed theories its work viii
scientific than the hit OF the log
close the realities by the squawks
labor leaders and farmers who hurt by
competition from underpaid occupations overseas
has prepared brochure entitled How high are
OF 10 studied United States
farms the bottom the disclosed The
which turned back free trade IN 1891 IS
the bottom The position of the United States IS affected
many the principal material imports
L. frnnE h
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
More Thong ht Should Be Given Tariff

Bertrand W. Hall secretary the American Tariff League in
message 10 this column declares:
1T II unfortunate that with all the thought and
problems consideration
by the public subject vital
Measures the protection American labor industry and
will following
before With growing foreign Naturalization, low
will position literally flood with their
products after the postwar buying spree ends.
THE toward less protection rather than
reciprocal 200
reduced 800 the limit under the
1.-THE that tariffs considered approx
the levels 1913 levels which, will recall
tariff legislation following the
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
i. 5. Rubber 10 Paw
50 Cent Dividend

United States Rubber Co. has
declared dividend of so cents on
the common. from earned surplus
as of Dec. 81, 1943, payable June
3. to holders of record May rs.
A previous payment in the same
amount was paid March 10. Pay.
ments last year were % cents
each. June % and Sept. "a, and
80 cents on Dec. II.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
It's King Size

The boys at Romulus got a
kick out of the appearance Of
one of Uncle Sans big B-29s al
the field the other day
BriStling with guns the
super fortress had effectionately
been chriStencd King Size =
Under the name on the nose Of
the ship was a Varga picture,
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Honor Hoenicke

Edward G Hocnicke. assistant
10 the general manager foundry
division Eaton Manufacturing
Co, Detroit. has been elected
vice chairman OF the Detroit
chapter Of the American Foun-
drys Association. a. II Allen,
secretary has announced
HocniCke. on loan 20 WIPE
as acting head OF IT'S gray iron
castings section. served as d.
rector Of the chapter for the
past three years and IS IN charge
Of It's gray iron castings pro-
grams.
He il chairman OF 'hc pub
LEFTY committee of the Gray
Iron Founders Society
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
So in Tennis Opener

FIfty-Six entries, 18 in the
midget division S-13. are reported
today for the Metropolitan Girls
Open championships that=uSher in
the tennis tournament season
Saturday morning al Hamtramck
Park. The other divisions are
1915 15-lS Jean Hoxie is in
charge.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
OTHER WITNESSES

Other witnesses summoned yes
terday included Edwin G.. Binder,
principal surveyor for the Pitts
burgh office Of the American Blu
reau Of Shipping, which main
tanned inspectors at the Irv n
Works 10 examine plates rolled
for the maritime commission; j. r.
Hamilton, assistant plate metal
lurgist al Irwin, and Albert j. Ber-
dis, assistant 10 the general super
intendent. %
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
What New
In Business
~" Pistol Shell
Carries Buckshot
BY WARD SCHULTZ

A 45-caliber pistol shell loaded
with buckshot is the newest
product of Chrysler Corps
Evansville Ordnance plant down
in Indiana.
Designed for use by ship
wrecked sailors or soldiers lost
in the Jungle, the new baby-Sized
shotgun shells scatter their
pellets effectively at ranges up
10 40 feet. They can be used to
bag wild game or fish.
To prevent errors, the shells
are packed in special steel con-
tanners and labeled 10 indicate
that the cartons contain nom
combat material. In addition.
the exterior OF the shells are
colored red.
More than 1000 900 have been
turned out already
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Repair Old Cars

Mai. Sheldon B. Steers, ma
tional training director of the
Civil Air Patrol, is expected 10
resume his old Job is head of the
State Board of Aeronautics this
week. He has been on leave.
Thomas r. Walsh of Grand
Rapids. has been acting director
since Steers left in July, 1912,
for the CAP.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Stoeks0pen
Irregular

NEW ifF5tWt- YORK May 4 ttP1-
Stocks opened narrowly irregular
today on light turnover Bonds
were steady Cotton futures
opened unchanged TO 2 points
lower.
Park & Tilford made a new
high at 81 up IL points 10 fea-
ture the gamers. Westinghouse
Electric continued strong. II
opened at 9sia, up a point
u. S Steel opened at the pre-
ViouS close OF 81. Many others
held steady including chrysiey.
American Telephone. L. s. Rub
Der, Radio Corporation. Public
Service of New Jersey, North
American, Santa F'e selling ex-
dividend, american Radiator and
Socony-Vacuum.
Minor gains were made by
Southern Railway Shell Union
Oil. Anaconda, Goodrich. Ohio
Oil, Chesapeake e. Ohio, 1nterna-
tional Paper General Electric
Austin Nichols at a new high
Newport Industries at a new high
and consolidated Film preferred al
a new high.
A number Of issues appeared or
blocks ranging TO ! 500 shares in
Newport Industries and United
Corporation. The market turner
dull after the opening with prices
moving narrowly around the open
ingS Caution prevailed, especially
in view of the recent rise in the
market with the industrial aver.
age showing a gain for eight con.
secutive sessions.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04

PACIFIC PUBLIC SERVICE co.
March quarter 1874 1913
Net profit 1924 55a x34s.I2i
Com mon share earnings CSC ~,
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Fake
Steel Tests

PITTSBURGH May 4 CUP)-
A pretty girl marine testified at
the federal court triafof Carnegie
Illinois Steel Corp. that employees
of the cornpany's Irwin Works
sometimes made up" steel analy-
seS 10 fit specifications asked by
the purchaser Of the steel.
Pfc. Jeanne Nicoden Of MoneS-
sen, Pa, former employe at the
Irwin Works. testifying at the
companys trial on charges OF
taking analyses and physical
test results 20 make them appear
10 conform TO government specih-
cations, admitted that il was
sometimes necessary to make
up analyses TO fit the occasion.
This occurred. She said. when
physical test for certain heats of
steel could not be found.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Auto
S6FVfCS fcffS
Competition Seen
BY SILER FREEMAN {

Intense competition for the
requirement. parts business IN
the postwar period was seen To-
day by Merle 81. Aubin, service
director for General Motors.
Speaking before the Super
Service and Research clubs in
Chicago st. Aubin warned that
while the replacement parts
market vii be the greatest ever
known. competition viii come
from four sources.
First. ST Aubin predicted, in
dependent parts manufacturers
will broaden their lines. Car
dealers VIII probably increase
their penetration OF the serGice
market.
But the most serious iheratS
Will come from two entirely new
sources, said St. Aubin. These
are the oil and rubber compa-
MES through their chain distri-
button SetupS.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Livestock M arket
enc AGO

CHICAGO May uNsJ- HOGS
% 600 steady weak Tor xl375 bulk
SO 1913 so. heaVtes Si2ui2 so. ne
diums Si3 10 lights. xi2HlS nght
hEhts tli 50al2 % packing sows, Sii %
~ ~ 80 piss xsNq
Gait LIE - 0O0 steady Calves.
I 600 steady Beef steers Choice tt5u
10 70 medium. Si2 50Hij yearllnEs. tl2
G16 Butchers Heifers Sl0n16 COWS
Sl1m13 30. bulls Ssn11 30 bulls san
Sil - So. bulls xeffl3 so. calves SsG18.
feeders S1lWif Stockers: Steers 500
50 IS COWS and heifers 81 u 50.
SHEEP--6 900 steady Choice lambs
SIC rs so: common, Sl3 IS. warnings
St2ntf75; feeders. Sii 1 ~ so. ewes.
81 so 3 so
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Promote
Farrell

Paul T. Farrell. now director
OF purchases for Great Lakes Steel
Corp, has been appointed TO the
hewly-created position of assistant
to the president, Stran-Steel Divi-
sion, with headquarters in Wash
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04

ington, d. c.
Farrell joined
{ h g G. r g a I
Lakes organ
ization as pur-
chasing agent
when the COM
pany was being
formed in 1929.
His first trans
action on be-
half of the COM
pany was the
re n ing of a
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
N. S. Rukeyser
Experts Point Out
Free Trade Dangers
M. S. Rukeyser

In wartime emotion of citation high and there wide
spread talk of
Certainly nothing in life is permanent except change.
But change without always i'll considered and
defeats its purpose.
symptom of wartime emotions is the growing lip service TO
which certainly proposal II has been apy
remarked that the free traders win ali the debates but that the
protectionss the elections
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04

luaTfcr 0ndtI MarCh u
1919 1888
Net income s. s22 607 86ft0.2t6
Per share e0c soc
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Dividend Of Il Cents
By ldSdIle Wines

The LaSalle Wines and Cham
payne. Inc. Of Pennington, al a
recent meeting OF the board of
directors declared a dividend Of
~ cents, payable May p 10 stock
OF record Nav 10
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
SIiqhtly Repititious

POCATELLO, Ida, May 4 (UP)
The Pocatello Army Air Base
band played The Star Spangled
Banner 424 times during tn g
year ended Feb. /, according TO
Director Crockett Baxter.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
S2OO.OOO
Golf Pot
BY JACK CUDDY
United Press stan Correspondent

NEW YORK. May 4 up
Through the strangest paradox in
the history OF COW pasture pool
golf at last has become a full
fledged spectator sport.
1t took a global war 10 turn the
trick; but now the fans have such
yen 10 follow the club SwingerS
about the fairways that the Pro-
fesSional Golfers Association to-
day announced its richest summer
campaign-a $200,000 trek.
Fred J. Corcoran. tournament
manager of the PEA. says:
I'm more surprised than
any one else-pIeasantly sur
prised. Just imagine: More
than $4,000 attended the Los
Angeles Open. And we had big
turnouts at the other nine
Journeys san Francisco,
Phoenix, san Antonio. New
Orleans. Charlotte. Durham,
Knoxville. Gulfport and Miami.
The unprecedented crowds
al those winter Journeys was
major wartime sports develop
ment. They showed that golf.
az last, has become a spectator
sport for this reason. the PEA
is now announcing its richest
summer schedule"
Corcoran said the summer
competition would open at Phila-
delphia. June ). with the SIT 500
tbondS) Philadelphia Inquirer In
vitation. Five other Journeys al
ready arc slated for New Rochelle.
n. Y, June Is: Chicago, June 30:
Minneapolis. July s. Spokane,
Wash. Aug "A ChicaGo's Tam
O'Shanter, Aug. "A. Al least six
more Journeys will be added later
a record-breaking S42, 500 in
bonds Will be distributed at the
Tam O'Shanter. with SIS 1906
biggest golf prize in history
going to the winner This prize
alone practically equals the more
than $4,000 with which jug Nc
Spaden topped the winter circuit.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Detroit Stocks

sales Net
IN zoos High Low II IS Ch 'ge
Gen Finance .05 3 3N AZ 8. y
Parke-Davis so 27 81 a ....
Parker Rst .37a 1914 49, ieA ? "a
Dividends In the foregoing table are the
amounts declared or paid so far this year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04

Buy War Savings stamps the
convenient way. Order them
delivered TO your door from your
Detroit Times carrier-salesman.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
POTATOES ROT

F As 10 the potatoes, the headline
runs New potatoes rot on way
10 market" II seems that IS cars
Of Florida potatoes were rejected
last week because of rot. and at
least one carload was dumped. All
this occurred under the planned
economy with federal authorities
trying frantically' 70. get the
potato genie back into the lamp
which they had ineptly rubbed.
Certainly anybody who thinks
that the social planner can over
come the weather man. or make
consumers take more potatoes
than they want, must revise his
ideas.
And what about the old notion
that the private ''mlddleman' is
the cause OF waste in marketing ?
What about the myth that greedy
private prOfiteerS are the ones who
dump lovely vegetables. either TO
keep them from the starving pro-
letarIat. or 20 rob the guIlelesS
farmer
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-05-04
Social Plans
Fail Purpose
BY LEWIS HANEY

Professor Of Economics, n. v. University
Two recent news items stand
out as illustrating certain tenden-
fcies in our present economy. One
lis the arrest OF thieves who were
escaping with a large amount Of
loot in the shape of alton coupons.
The other is the report that a
large quantity OF new potatoes are
rotting on the way 10 market. The
two items together tell a story
about planned economy that is not
very pretty.
The first headline runs: Police
foil theft Of ration coupons at
Brooklyn OPA." 1t seems that
four policemen on their way home
ran across three cracksmen who
had Just looted the OPA safe Of
valuable coupons covering the
following items: 1000 new tires
100000 gallons of gas, So new
automobiles, and $500 pairs OF
shoes.
These items were on their way
10 supply the hungry black mar
kets which now enable so many
of our sacrificing citizens" TO roll
around as only the newly rich
war worker and war contrac-
tor" know how.
Why this theft? What makes
these pieces of paper so valuable
that men will risk their lives and
their regulations 10 get them?