davidaulloa/AmericanStories huggingface dataset:
Evening star., 1950-05-28
Storm Elected Head
OF Young Democrats;
Precedent Rejected
By the Associated Press

HAGERSTOWN, Md, May 81
State Senator Edward D. Storm
of Frederick, supporter of Gov.
Lane, was elected president of
the Young Democrats of Maryland
today.
Two other nominees-Kenneth
Patrick Folk of Baltimore Fifth
District and William Carl of
Montgomery County-withdrew as
the vote, heavily in favor of Sena-
tor Storm, was being counted.
That made him the unanimous
choice.
The election of Senator Storm
rejected a precedent which Leroy
w. Preston of Baltimore, the re-
tiring president, sought to estab-
lish when he resigned the office
last month.
Mr.. Preston said he believed
he should quit the Office because
he is a candidate for the Fifth
District nomination for State
Senate. He said he did not
believe a candidate should be at
the head of the Young Democrat
organization, which does not par
ticipate in primaries.
Senator Storm, a candidate for
reelection in Frederick County,
is considered close to the Lane
administration. He is associated
with the organization in Frederick
County which is almost solidly
backing Lane for the 1850 guber-
material nomination and re-elec-
ton, and he has been an
administration stalWart in the
Senate.
An effort to block the election
of the 38-year-old Storm because
he is past the constitutional age
limit failed when the chair ruled
him eligible.
Evening star., 1950-05-28
Fairfax to Vote Wednesday on School Bonds

next term is much darker. School
Supt. w. T. Woodson is hiring SO
more teachers although no one
knows where they will hold classes
Regardless of the outcome OF
Wednesdays bond issue, Fairfax
County will have to build schools
The vote this week simply helps
determine how the construction
will be financed.
The Virginia Constitution di-
rects the General Assembly to
establish and maintain an eff
cient system of free schools. -
The Assembly, in turn, requires
the counties and cities to operate
such systems under general super
vision of the State.
Citizens Must Pay.
Thus. the Fairfax School Board
faces the legal responsibility OF
providing adequate facilities for
the thousands of children now
living in the county The tax
payers have to furnish the money
with which to build the facilities
The School Board, the Board Of
Supervisors, the Emergency School
Committee and others think the
best way to raise money is by
floating bonds. They set the fig
ure at sos million for immedi-
ate needs.
A bond issue is q method Of
borrowing money. The county
gets the amount it wants in 9
lump sum. 1t uses it to build the
schools. It retires the bonds
repays the loan slowly. usually
over a period of 20 or 80 years
To get the money for repayment
the county levies special tax
each year during the life of the
bonds.
Arguments for Issue.
Here are some arguments ad-
VdLlCGu Ill 1dFOA "a dPPAOFAA5 eAAS
school bond issue:
l. The money so urgently needed
can be raised quickly. With funds
in hand, building can be started.
2. Cost of the program would
be spread over a number of years
making annual payments less bur-
densome on each citizen.
3. Financing schools with bond
issue is similar to financing private
homes with mortgages. 1t is eco
nomically sound.
4. If the bond issue fails, the
county would have just one al
ternative-it would have to raise
money by a big direct tax. This
tax could produce no revenue fol
a year and a half. It would be
intolerably high to produce the
amount needed. It would fal
Evening star., 1950-05-28
Silver Spring Lions
Plan Charity Carnival

The Lions Club of Silver Spring
will hold its Charity Carnival to-
morrow through Saturday on a
lot adjoining the Hot Shoppe on
Georgia avenue.
On display will be an ambu-
lance which the Lions Club is
donating to the Silver Spring
Volunteer Fire Department.
Evening star., 1950-05-28
Maryland Debt
AT Record High;
Virginia Drops
Free State Figure
OF $50 Million Is
Double Thut of '46

Maryland's gross debt reached
a record high last year of $69, 1872
000-nearly double the 1916 figure
while Virginia's Indebtedness
dropped from $22.5 million four
years ago to $18.5 million in 1949.
During the same period, West
Virginia's debt also was reduced
from $68.2 million to $65.5 million.
These figures were contained
in 26-page report on the Post
war Trend in State Debt" made
public yesterday by the Tax
Foundation. Inc, New York, a
non-proflt research organization.
The study covered the nine-year
period beginning in 1941.
According to the foundation the
gross debt of the 48 States has
hit an all-time total of $4.1 billion
and probably will go higher be-
fore it turns down" This repre-
sents a 72 per cent increase over
the $2.4 billion in 1916.
Taken in conjunction with the
Federal debt of more than $3.50
billion and local debt of SIT bill
lion, the upward trend in State
debt augurs fiscal trouble" the
foundation warned, especially
since all these debts are mount
ing in prosperous times when in
f1ated revenues should enable old
debt to be paid off,"
Downward Trend Reversed.
A chart listing the various State
debts in 1941, 1916, 1947, 1948 and
1949 showed that Maryland owed
$52,452,000 at the beginning Of
the period under study.
It's debt dropped to $34,699,000
in 1916 and to $29. 100000 in 1947
before starting its upward climb
with $33,031.O 900 the following
year.
Virginia's S debt dropped steadi-
ly from $27,799 900 in 1941 to $22.-
$4,000 in 1916. $20,632,00O in
1947. $19,3O4,O 900 in 1s4S and
$18.532 900 in 1949.
West Virginias debt during the
same years was $79,873,000 in
1941, $68,226,000 in 1916. 500 mil
lion in 1947, $66.162,000 in 1948
and $65 ,651. 900 in 1949.
On a per capita basis. Mary
lands debt last year figured out
to $31.81 for every man, woman
and child in the Free State; Vir-
-ginia. $5.97, and West Virginia,
1882.
Principal source of debt since
1916, the report stated, has been
the $1.4 billion in veterans bonus
bonds issued by 10 States. No
such bonds have been issued in
Maryland, Virginia and West Vir-
ginia.
Warning Sounded.
The tax foundation added that
borrowing for postwar construc-
ton has not been an important
factor in the recent rise in debt. !"
The foundation predicted many
States would find themselves in
serious financial difficulty in the
event of an economic RECESSION
If their debts continue to pile
up at a rate similar to that in
the last nine years.
1t recalled that during the last
major depression, Arkansas, South
Carolina and Louisiana had de-
faulted on their debt obligations
by 1888.
Of the 81 States showing post
war debt increases, Ohio had the
largest-from $40 million in 1945
to $204 million in 1949, the study
showed.
And of the IT States which re-
duced their debt in the postwar
period, Georgia led with drop
from $84 million in 1946 to $3.2
million in 1949.
Delaware led all States in per
capita debt in 1949 with $155.O4
while three States, Idaho, Iowa
and Nebraska, had per capita
debts of less than 81 each. Idaho
had the lowest-53 cents.
Evening star., 1950-05-28
Wurrenton Memorial
To Be Held Tomorrow
speeioI Dispatch 10 The star

WARRENTON, Va, May 81
Patriotic organizations will hold
services tomorrow afternoon hon.
oring Warrenton's veterans of
four wars.
The observance. sponsored by
the John D. Sudduth American
Legion Post, will begin with a
parade led by a Marine detach-
ment from Quantico and will end
with services at the Confederate
Monument and at Warrenton
Cemetery.
Evening star., 1950-05-28
St. Mory's Church Plans
Carnival at Rockville

st. Mary's Church, Rockville,
will hold a carnival tomorrow
through Saturday on the church
grounds. Proceeds will go to-
ward building a new grade school
for the parish.
Dinners will be served Tuesday
and Thursday nights.
Evening star., 1950-05-28
Probe Convinces Police
Youth Hanged Himself
By the Associated Pyess

FERNDALE, Md, May 81
Police Chief John H. Souers of
Anne Arundel County said today
his investigation into the death
of Robert Crawford, Is, convinced
him it was suicide.
Young Crawford was found
hanging from a pine tree near
his home at Woodland Beach
Monday. A suicide verdict was
filed, but his family asked that the
case be reopened.
Evening star., 1950-05-28
Church Supper Planned

A fried chicken supper will be
served from to 8 pm. Tuesday
by the Bethel Bible Glass of Bells
Methodist Church at the church
near Andrews Air Force base on
Allentown road.
Evening star., 1950-02-14
Woman Gets $4,000
For Streetcar Injury

A $4,000 settlement for dam
ages sustained by a woman in a
streetcar accident was agreed on
yesterday by the Capital Transit
Co. In District Court.
Mrs. Catherine Aredes, a.,
housewife, agreed to that amount,
after her counsel. Joseph Bulman,
conferred with transit attorneys
in Judge Edward A. Tamm's
chambers.
Mrs. Aredes, Of the 400 block of
Fifteenth street NE, was a pas
senger on a streetcar that crashed
into the rear of another street.
car in the 1900 block of D street
NE.
In the June 6, 1947, accident,
Mrs. Aredes was thrown against
the fare box. Her left cheek was
crushed, her collar bone broken.
an eye was injured. She also suf-
fered a brain conclusion.
She and her husband, Patricio
Aredes, a Naval Gun Factory en-
ploye, claimed $4,000 in hospital
bills. Mrs. Aredes still Is able
to open her mouth only about an
inch as result Of her face in
juries, 1t was said.
Evening star., 1950-02-14
Births Reported
tFrom the D. C. Bureau of Vital

John and Catherine Haymaker, girl.
Joseph and Evelyn Jackson, boy.
John and Barbara Kane. boy.
Harold and Sarah Katz. boy.
George and Helen Krug, boy.
Robert and Margaret Luehrs, boy.
Alex and Yetta Manset. girl.
Walter and Mary Mcdonald, girl.
Garland and Nita Menefee, girl.
Harry and Dorothy Nichols, girl
Patrick and Eve Nuttall-Smith, 2 girls.
William and Louise Price, boy.
George and Virginia Eailey. girl.
Morris and Lettie Speller, boy.
Herbert and Norma Slaughter, boy.
Karl and Katherine Sutton, girl.
James and Marcella Toison, boy.
William and Margaret Walters. boy.
Thomas and Kathryn Warren. girl
Nathaniel and Elma McNeill, boy.
Norbert and Mary Proctor, boy.
Frank and Gloria Saunders, boy.
Dayton and Helen Saunders, girl.
Winfield and Virginia Shirley. boy.
Wesley and Viola Wheeler, boy:
Purcell and Beatrice Winfield, boy.
Evening star., 1950-02-14
Lions Club to Meet

The Washington Lions Club will
meet at 12:15 pm. tomorrow in
the Mayflower Hotel. Guests will
be Col. William E. Barkman, di-
rector of the high school cadets,
and the regimental commanders
from the high schools.
Evening star., 1950-02-14

Chicken en- Papillote means chicken
roasted in a wrapper that holds in
oil the juices, makes the meat more
luscious, and prevents oven shrink
age that can waste your precious
meat-money! It's an epicurean treat!
But only now can you get the
perfect "papillote" material. It's
REYNOLDS WRAP, pure aluminium
foil in handy kitchen rolls. Absolutely
moisture-proof, this aluminium foil
seals in favor and juices. Folded
edges "stay putt just as bowl
covers of REYNOLDS WRAP hold
tight without strings or bands.
Here's how to make Chicken en-
Papillote. Prepare roasting fowl in
usual way, only keep the stufing on
the dry side because you won't lose
moisture this way. Now just tear
of a sheet of REYNOLDS WRAP,
Evening star., 1950-02-14

a little more than twice the length
of the bird. Place bird rubbed with
shortening and seasoned = length
wise on first half of REYNOLDS
WRAP. Bring remainder .up over
bird to meet first edge, joining edges
with tight double-fold seal.
Roasted the whole time in
REYNOLDS WRAP, your fowl will
be delicately golden. If you like it
browner and crisper, open the foil
during last Is minutes. Juices in the
bottom of the foil will be pure "es-
sence"-just pour off and make gravy
as usual.
This aluminium foil comes in
2s-foot rolls, but you can use the
pieces over and over, so it's really
economical. Ask for it by name at
grocery, drug or department store. :.
REYNOLDS WRAP.
Evening star., 1950-02-14
famous
precedent by Drexe|
al ow February
sale prices!

Imagine even versatile, ingenious PRECEDENT-the
worlds talented funiturehos low February Sale Price
Togs! Every piece serves double duty nupies for
divides for at home dining rooms,
bedrooms living equally adaptable to home
apartment compatible With any decorating scheme.
You'll love it's fresh new lines the sikeY sheen of its native
elm and beechwoods And Best Of A-Precedent is Feb
ruory SALEPRICED Deferred Payments. Available.
Milford chronicle., 1950-08-25

great-grandchildren; ive brothers
Howard, Frank and Thomas Tuck-
er of Greenwood; Elmer and Har-
vey Tucker of Bridgeville and
three sisters, Mrs. Robert Brown
Mrs. George Locates and Mrs.
Ivan Hubbard, all Of Wilmington
Funeral services were held at St
Johnstown Church Monday after
noon, conducted by Rev. ]. E. Law
ton. Interment in st. Johnstown
Cemetery.
Miss Irene Laughery, daughter
Of Mr.. and Mrs. Arthur Laugberv.
near town, became the bride of
Robert Vincent, son of Mr.. and
Mrs. Homer Vincent of Harrington
on August II, at 8 D. m, in Denton
Methodist parsonage. The Rev.
John r. French, pastor of the
church, officiated. A reception fol-
lowed at the home of the brides
parents. Mr.. Laughery gave his
Milford chronicle., 1950-08-25

daughter in marriage. Maid Of
honor was Miss Loretta Laugherv
sister OF the bride. Harvey Simp-
son OF Harrington was best man
for the groom. The bride wore an
ankle length gown of NAVY sheer
over white satin. Her corsage was
OF red roses. The maid of honor
was gowned in Navy sheer with
white accessories and also wore
red roses. Mrs. Laughery, mother
of the bride, choose a figured blue
crepe gown with white accessOr-
les. Mrs. Vincent is a graduate of
Greenwood High School and is en-
plOyed by the Mills Supply Com
pany and Mr.. Vincent is employ
ed by the Milford Supply Com
pany.
Miss Robbie Stevens, college
room mate of Miss Doris Sadow-
ski, spent Friday in Greenwood
with the SadOwiskis. The girls at
tended the Life Guards Ball Fri
day night and returned to Will
mington Saturday to attend a par
ty there. Miss SadOwski spent the
remainder of the weekend in
SwarthmOre, Pa, at the home of
Miss Stevens.
Mrs. H. F. Cooley and daughter
have returned from a visit with
Mrs. CObley's parents, Mr.. and
Mrs. L. Llewellyn in Allentown.
Pa. Mr. Cooley is attending sum
mer school at Temple University
in Philadelphia.
Gray Williamson, who has been
Milford chronicle., 1950-08-25

III Tor more than two months and
is confined in the Veterans Hospi-
tai IN Wilmington, is not showing
/ Improvement.
Mrs. Mollie Robinson of Phila-
delphia and Mrs. Anime Wilson
were guests of Mr.. and Mrs. I
H. Edgell on Thursday of last
week.
Mr.. and Mrs. Lester Draper spent
the weekend with Mr.. and Mrs.
Darwin Hall at Millsboro. Allen
and Elaine Draper are spending a
week in Philadelphia, visiting DIR.
and Mrs. Criswell and Mr.. and
Mrs. Duncan Graham.
Donald Draper and Paul Lam
Dertson OF Pittsburgh, Pa, spent
Sunday at RehOboth Beach.
Mr.. and Mrs, Stanley Gibson of
Dover, Mr.. and Mrs. Roy Veasev
and sons of Wilmington we're Sun
day guests of Mr.. and Mrs. Oscar
LOfland.
The Sunshine Glass of the Meth
odist Church Will hold a festival
back of the church on Saturday.
September 9.
Mr.. and Mrs. Harvey Dickerson
and family spent Sunday visiting
Mrs. Dickerson's uncle and aunt,
Mr.. and Mrs. George Bockus in
Philadelphia.
Mr.. and Mrs. Laurence O'Neal of
Downes Chapel were dinner guests
at the DickersOn home on Monday
evening.
David Laughery has enlisted in
the military service and is sta
toned at Great Lakes, III.
Miss Marjorie Mae Corkran,
daughter of Mr.. and Mrs. w. Carl
COrkran of Hurlock, Md, became
the bride of Earl Todd, son of
Mrs. Henrietta Todd and the late
John G. Todd of Greenwood, on
Saturday, August 10, at 2 D. m,
in Unity Methodist Church at Hur-
lock, Md. Rev. James Glow, pas
tor of the church, Officiated, using
the double ring ceremony. A re-
ceptiOn followed in Unity Hall. Mr.. |
COrkran gave his daughter in mar
Tiage. MatrOn of honor was Mrs. |
Milton Richards of Wilmington. |
The bridesmaids were the Misses
Shirley and June Corkran, sisters
of the bride. Milton Richards of |
Wilmington, was best man for the
groom. The ushers were Howard |
Harper and Robert COrder of Hur-
lock. The pianist and sOloist was
Mrs. Kenworthy of HurlOck.
The bride wore a gown of white
over white satin fea-
turing short sleeves and bouffant
skirt. She carried a prayer book
with orchid and streamers of /
sweet peas. The matrOn of honor
was gOwned in aqua net over taft
eta; the bridesmaids were gown
ed in identical yellow models of
net over taffeta. The brides mo-
theT was gOwned in aqua crepe
with white accessories and wore
a cOrsage of yellow rose buds. The
grOOm's mother chose a figured
blue crepe gown with white ac-
CessOries and cOTsage of yellow
roses.
Among the guests from here at
tending the wedding were Mr.. and
Mrs. Stanley Klemm, Mr.. and Mrs
J. H. Edgell, Mr.. and Mrs. Ar
thur Tatman and Mrs. Nora WrO-
ten.
Milford chronicle., 1950-08-25
MAGNOLIA
By Mrs. Frances Hart

Mr. and Mrs. B. D. Lodge had as
their Sunday guests, their chill
dren, Mr.. and Mrs. B. G. Lodge.
and family, of Wilmington. and
Mrs. James Taylor, of Santa Bar
bara, California. They were en-
route to their homes from a two
weeks vacation spent in Rehoboth.
Mr. and Mrs. J. L. McGorman
and Mr.. and Mrs. Frank Dixon, of
Bloomsdale, Pa, were guests on
Friday and Saturday of Mrs. Beu-
lah Wright and Miss Frances
Wright. They also visited among
other local friends while here.
Miss Eunice Thorpe and Miss
Sara Thorpe, of Camden. have
been spending the week with their
cousin, Mrs. Arlie Jackson and
Mr.. Jackson. They were Joined for
the day on Wednesday by Mrs
Bessie Scott, of Milford.
Mr.. and Mrs Leonard Rash en-
tertained New Jersey friends to
dinner on Sunday.
Collins Davis came home on Sat
urday to spend the remainder of
the summer vacation from the
University of Delaware. Since the
closing of the University, Collins
has been working for the Railroad
Co. in Newark.
Mr.. and Mrs George Jones. of
LinwoOd, Pa, are spending a few
days with her mother, Mrs. Thomas
Kennedy and Mr.. Kennedy.
Mrs. Kathryn Knight Mrs. Edna
Davis and Miss Eleanor Davis ac-
companied Mrs. Cora Reed and
Ronnie, to spend Wednesday in
RehOboth.
Mr.. George Gottwals left on
Wednesday for his home in Macon.
Georgia, after spending some time
with his daughter. Mrs. Walter
Mcdonald, and Mr.. Mcdonald
Sunday, Mr. and Mrs. Mcdonald
took their nieces, Peggy and PATSY
AltWein, to WilminFton, where
they were met by their parents
and returned to their home in I'm
ion City. N. J.
Mr.. Jake Barnett underwent a
major operation at the Kent Cen
eral Hospital on Saturday and his
condition at this time is serious
Mrs. Mauda Grayvoal, r. N. is
with Mr.. Barnett during his hospi-
tai stay.
Miss Arlene Gourley entertained
Milford chronicle., 1950-08-25

nineteen Of her little friends to a
birthday party given in honor of
her eighth birthday on Saturday at
the home of her parents, Mr.. and
Mrs. Roy 'Gourley Guests were
Charles and Kenneth Orvis, Bobby
and Charles Shipley. Charles Bry-
an, Patsy Storey, Ruth Ann Schuy-
Ter, Eleanor Lee and Phyllis Jar
rell, Frances Gibbons, jeanne Lis
sy, Janet LawtOn, Boyce Failing.
Ronnie Graybeal, Ann Christensen,
June Galloway, Nancy and Wayne
Hart and Lois Biddle.
Milford chronicle., 1950-08-25
GREENWOOD
By Mrs.
Nora WrOten
Phone
Greenwood 1921

William H. Tucker, n, promi-
nent farmer, died at his home near
GREENWOOD Saturday morning af-
ter an illness of several months
he was native of Sussex County.
9 son Of the late William H. and
Anna Scott Tucker. Besides his
VIE. Mrs. Clara Tucker, he is sur
FiVed by one son, Brooke Tucker
oI Greenwood; one grandson, Ar
thur Tucker Of Ellendale and two
Milford chronicle., 1950-08-25

Mr.. and Mrs. Marshall Hart and
children, Nancy and Wayne. visit
ed their aunt Mrs. Edward smith
Sunday.
Dr. and Mrs. G. M. Elderdice left
on Friday to spend some time with
their children, Mr.. and Mrs Llovd
Elderdice and family, in west
minister, Md. They will. also visit
other friends while there.
Sunday School ad church serv-
ices Will be resumed on Sunday.
September Srd, following the three
Milford chronicle., 1950-08-25

weeks of vacation.
Mrs. B. c. Hart and Connie, ac-
companied by Mrs. Edna Davis,
Miss Eleanor Davis, Mrs. Esther
Moore and Miss Joyce Moore went
to Ocean City, Md, on Tuesday.
Originally the telephone was
known as the Speaking telephone.
The nearly-extinct Nunatagmiut
EsAlmOs or Alaska seldom we're able
to store up good winter food sup
ply.
Montana farmer-stockman., 1950-06-01

Showrns winnings. performance pasture
with breeding history
beers these We sooddoine
June H. Corle
auction off the five sole bulls and S. females
Montana farmer-stockman., 1950-06-01
) BuIls-65 Females
| |I|A|IE|1|k

The five herd bulls selling are selected tops from
the 1948 and 1o49 Golf crops
The heifers selling ore from the same Golf crop
os the 81 bulls that sold at an average of $708 in
the recent Lonemon All Breed Sale at Billings
Mont Our sale heifers carry the service of these
top breeding bulls: WF1R REGALITY 9th by Wf1R
Royal Duke Sd and out of dam by Stor DOM 9th
WE4R ROYAL DUKE 9th by Wt4R Royal
Triumph and out of q Wt4R Prnceps Jr. dam.
MIR NEVADA DONALD 10th by Donald Dom.
10Th and out of dam by Chambers Belmont 62d
-. PtR SUPER DONALD 9th by MIR Super
DOM and out Of O dam by Pointers Domino 482d
-. PHR SUPER DONALD 5Oth by MIR Super
Domino 9th and out Of dam by Wt1R Domino Elect.
Montana farmer-stockman., 1950-06-01

The IS heifers in our sale represent the following
breeding: Advance A. Domino by Adv. Dom. l6lst;
BCR Adv. Domino 23d by Advance Dom. l4Oth;
BCR Advance Bottle by Bottle Spartan 10Th; OR
Royo Domino 9th by WtiR RoyoI Domino 5lst,
and Wt1R RoyoI Domino 10Th by Prince Dom. c.
Montana farmer-stockman., 1950-06-01

June !. 1858
Evening star., 1950-08-06
Stock MurketShows Confidence
In Face of Grave Uncertainties

dose for Wall Street. was regarded
as inevitable sooner or later. But
sooner? Or later?
Confidence Impressive.
In a way the weeks advance,
limited though it was, was impress
sive evidence of a predominant be-
lief that things were not going
to the dogs-not right away, at
least.
Trading during the week slowed
to walk. Not once did daily sales
volume top 2 million shares.
Aircraft and airline issues were
outstanding on the upside. Motors,
under pressure for some time.
made a good showing and oils
did better than average.
The Associate Press average of
so stocks finished at $76.70, a high
since June %. This compared with
$500 a week ago.
Evening star., 1950-08-06
BY the Associated Press

NEW YORK, Aug. 5.-The stock
market displayed confidence this
week in the fact Of grave un-
certainties.
Prices on average reached six
week peak when the market closed
Friday
For the third week running the
sensational losses which followed
United States intervention in Ko-
rea were cut down.
1t was a performance, though,
based more on hope than fact.
Just about the only news the
market could sink its teeth into
was fresh run of rich corporate
earnings reports and extra or in
creased dividends.
Corporation profits on the whole
were the highest on record dur
ing the second quarter. Prospects
for prosperity were never better
and prospects for record high
taxes and hand war controls on a
peace economy were never better.
either.
Major Uncertainties Listed.
The markets advance was COM
parable to slow progress through
a fog-it was more a matter of
luck than design.
Here is what the market had
to decide during the week:
What was the significance of
the return of the Soviet delegate
to the United Nations? Some trad
ers interpreted it as a somewhat
hazy prelude to peace.
What was Congress going to do
about war controls? At the week
end nobody knew the answer to
that question especially Con-
gress.
The tax situation was almost as
foggy. An increase in the corpo-
rate tax rate was regarded as GER
tain-probably from 38 to As per
cent. But nobody knew when the
increase was to go into effect.
An excess profits tax, a bitter