davidaulloa/AmericanStories huggingface dataset:
Milford chronicle., 1956-02-17
ay EIolno townsend DicEerson

were postponed until another trip,
when that Hayes r. o. NJ remain
over night al MERGED, California.
In fact Hayes still isn't home.
Friday afternoon while HAYES
was flying. Gene Shirley came af-
ter me and took me down to her
house to spend part 81 the after
noon. We are together some g
each day so no thought'of anything
wrong entered my mind. While I
was there the same protection was
being given to many wives here at
Forbes whose husbands were ny
ing that day. There had been two
AZ crashes early in the afternoon
and identification was near impos-
sible. Six boys from here were
killed and the news had resounding
effect upon as all
Saturday afternoon our daueh-
ters went skating. Sunday we three
were invited by Ed. to come to X.
G. to see the displays at sthe con-
yention and to have lunch with him
before his plane left at four for
New York, and to take him home
to his wife, Vickie. and their young
son, Gilbert. and daughter Pat.
Lynne and Dawn were just thrilled
with the loot they received at the
conYention-egg cartons filed with
candy, pencils, even pens, corsages,
etc. There was a booth there spon-
sored by Delaware Poultrymen and
surely gave them a warm well
come to the midwest We had
lunch and then drove Ed. to the air.
port We were standing in the air.
terminal waiting for plane time
when someone yelled "Hey. Ed
We both looked, wondering who
was calling for Ed. Murphy's atten-
ton when some "0ther" Ed. ans
wered behind us. You can imagine
my great surprise when I looked to
see who had yelled Hey, Ed" and
there stood Jack Burris. Jack has
always seemed part Of my family
since we were raised Esxt door to
each other III the summer at
Slaughter Beach. Jack was in
Kansas City attending the same
convention that Ed. was. but in the
turkey packaging interest. Ed. left
and I spent just a few minutes
more with Jack and then had to
drive back to Topeka before it got
too late. IT wasn't even dark when
1 retsdrned home, but I had hardly
stepped ii the door before one Of
our good neighbors called to see
if I had yet arrived home safely
from my IS mile jaunt
My parents just cant get over
the way Hayes and bump into old
friends all over the United States.
It never ceases to amaze me too.
Well, / wonder what this week
viii bring other than Valentines
Day. I'll let you know next week.
Always,
Elaine Townsend DickersOn
Milford chronicle., 1956-02-17

be needed to hold prices at present
levels.
In the matter Of foreign aid,
there might be a somewhat greater
tendency on the part of a strongly
Democratic Congress to grant
heavy expenditures for such pur-
poses in order to keep employment
high in the United States. How
ever, it is likely that even in this
matter there would not be too much
difference. regardless Of which
major party controls Congress.
think that long-term promises Of
aid (more than two years at a
time) viii be avoided; but money
aid is cheaper than war. Further
more, the net cost of foreign aid
need not have much effect on
Federal taxes.
Question No. 4-On How To Be
Liquid', And Yet Get Income
WHAT IS YOUR ADVICE TO A
READER WHO HAS 30g5-40eo or
HIS RESOURCES IN CASH AND
DESIRES TO OBTAIN AN IN
COME FROM IT FOR THE NEXT
THREE OR -FOUR YEARS?
Although I can make certain
broad congratulations regarding
the division of investment funds
and the nature Of securities for
each division, It is, I believe. very
important to relate the percentage
distribution Of funds to the partic-
ular reader and his personal re-
1uirements.
All Of US, however. recognize
that the market is now pretty high.
even though it may go higher be-
fore long-termed down trcnd
sets in. It appears obvious tgss.st
readers who are not prepayed ~
see their stocks sell muc1 IOzTer
some day ought to hold a Sa5,efan-
tial amount Of reserves now. This
does not mean that the money has
to STAY IN checking accounts. tt
is quite common practice ia in
vestment cSrcies to designate asl
cash. money fhst is really invested
in SAVINGS bank accounts. SAVINGS
E Loan deposits. hieh Srada readily
marketable shorf-term N0rds. and
even certain preferred sioeke- II isl
dpsirnabfe "a have v01r yaonnv
earning something. Holding re-
serves foday--as opposed tn com
mon entails less eacrihee /
IF income than at any time FOR
many voe-s
Milford chronicle., 1956-02-17
February 13, 1856
1881 Mayo
Topeka, Kansas
Phone 3-3924

A@A+~ = 1891
Dear Friends:
If putting our phone number IN
my column viii produce visits from
friends like this past week did /
shall keep it permanently at the
top of my letter. This has been
big week. pleasant and otherwise.
Last Monday my hubby flew an
SO hour mission which took him
over California among other places.
Tuesday was my bridge day and
the day for Lynne's piano lesson.
In the. evening Hayes received a
phone call and we were just de-
lighted when we knew it was Jim
Kelly on the other end Of the line
in Chicago. Jim is a LeWes, Della
ware, boy and went to the Univer-
sity of Delaware when Hayes was
there. In fact the last time I re-
member seeing Jim was in 1916
when Hayes and I lived in Newark
while Hayes received his degree.
Jim and Hayes are Sigma M Fra
ternity brothers and Jim had hoped
Hayes might be flying a SAC Aero
Club kite" home for the weekend
to attend a fraternity dinner Was
not the case, however, and the boys
missed seeing each other once
again. Not too long ago Jim few
around the world and we hope to
hear about his wonderful trip on
his next business trip to Kansas
City.
Wednesday was the club lunch
-. - AZ, hoe, rTs1,..,.ri1rsr. orrar, -, =
we were discussing where we
should eat dinner, when the phone
rang. It was another long distance
call, this one from Kansas City,
Mo-, and our cousin, Ed Murphy
was there for an Egg and Poultry
Convention. It was decided that
we would have dinner in X. G. in
stead of a Drive-In in Topeka. Two
good neighbors kept our little gals
over night and we met Ed. at his
hotel by 500. It was just wonder
full to see him and such surprise
to rs, even though he knew about
his trip a month in advance. Ed.
is with the Ace Diamond Match Co.
and was here showing one Of their
products that you probably have
right in your refrigerator now.
They make self-locking egg car
tons as well as 120- some other
products. We had dinner at the
Prime Ribs. / had the best shrimp
cocktail, garden salad with rich
roquefort dressing, baked potatoes
with sour cream and chiYes and
filet mignon Make you hungry?
We couldn't stay too long with
Ed. Thursday evening because tile
following morning Hayes was
scheduled to fly. Plans to have Ed.
spend part of the weekend with us
Milford chronicle., 1956-02-17
Everybody's Tent

DEMOCRATIC CONGRESS?
Many investors associate a Dem.
ocratic Congress with the unscram.
bling of various utility holding
companies prior to World War Il
which adversely affected their
stocks. Also the Democrats have
led the movement toward public
ownership of various hydro-elec-
trio developments. Now, however
that the utility industry is or
ganized and capitalized on a
straightforward basis, and since
new hydro-electricA developments
may be limited in scope, / believe
the Utility Stocks present perhaps
the best combination of security
and yield.
Because the utilities have had
to raise tremendous amounts OF
sew capital during the last ten
PEARS, It has been necessary for the
various state regulatory commits
siOns to take a somewhat more
generous attitude in the establish
ment of rates in order to permit q
fair return on the invested capital.
IN view of the fact that still fur
Their expansion is anticipated in
The industry, we should expect q
continuation of this favorable rate
policy to make it possible for She
utilities to raise money through
he sale Of stock. This should as
sure a continuation Of present divi-
lends. but does not give the holder
Of utility stocks much opportunity
FOR appreciation.
Question No. S-0n Imitation
WOULD YOU EXPECT GREAT
ER IMITATION UNDER A DEM
OCRATIC CONGR S? ALSO
GREATER FOREIGN AID2
I assume that the idea Of infla-
ton which prompts this question
refers to a rising real estate and
eommOdifv price level and q rising
cost Of living. Actually. the great
'nfatinrs Of the last fifteen yeare
1as arisen becanee Of the momen-
tarv imitation Of World War II anf
becarse Of the subseouent debt ey-
mansion Of All kinds and the
heavier borrowings by Tire genera'
orhlie 10 h1v IN insta1lments
After nricos have become fully adj
iusfed to the nrpeant inflated none
tarv base. ! Doubt very much that
even a Democratic Congress- would
create sufficient additional none
tary imitation beyond what would
Milford chronicle., 1956-02-17
Might Listen For The Echo

Might Listen For The Echo
The press has noted with casual
amusement that Senator William
LANCER of North Dakota sat in the
Senate chamber in solitary state
for more than two hours the other
day listening to his own speech
which was read by the Chief Clerk,
because of the Senator's visual
difficulties.
But the press failed to tell us
what was in the speech, making it
as derelict in duty as the Sena-
tors who could have learned much,
had they cared to listen. What
they all missed was one of the
best-documented, most complete
histories yet presented on the
Ccmmunistic influence exerted on
the Roosevelt, Truman and Essen
hover Administrations It related,
step by step, how both parties
were hoodwinked by Soviet agents
and led blindfolded to confiscation
Of alien property as part of the
conspiracy to destroy property
rights throughout the world.
Senator LANCER named former
Secretary Of the Treasury Henry
Morgenthau and his aids, Harry
Dexter White and Laughlin Cur
RE, ais those who foisted the Mos
COW written doctrine Of confiscation
on this country. He quoted two
secret orders of Secretary Morgen-
The least we can hope is that his
fellow solons will regard Senator
Langer's speech-which came to
them in the Congressional Record
las important homework and
that when action is taken on the
LANCER recommendations the Capt.
tai nress corps will be paying at
tention.
than that gave White the purse
strinos-and hence control-over
the State Department and the Army
and NAVY in all fo~nign operations.
''As early as 1851" Senator Lam
Milford chronicle., 1956-02-17
BABSON ANSWERS FOUR INVESTMENT QUESTIONS

Babson Park, Mass, Feb. is. AS
I travel about, there are four
questions which I am most com
monty asked. Let me discuss them
this week.
Question No. lon Stocks In
General
WOULD THIS BE A GOOD TIME
FOR A SMALL INVESTOR TO
SELL ALL HIS SECURITIES,
EVEN THOUGH THE MARKET
MAY co A BIT HIGHER. AND
WAIT FOR THE ANTICIPATED
BARGAIN LEVELS?.
This question implies the natural
desire in all of US to want to get
out of the market at the top, before
downturn occurs. Scarcely q
day goes by, when the market looks
relatively high, that most of us
do not feel like selling all of sur
securities. Then the next day we
hesitate to sell any in the hope
they viii go a little higher. There
is a distinct danger in selling out
all Of ones holdings and then later
becoming discouraged about that
decision If the stocks rise to still
higher levels. If this happens, one
can create the double error Of
selling too soon and then buying
back too high.
The best way, I believe, to avoid
being "whipsawed" is not to de-
pend upon a policy of selling all
of ones stocks at any particular
time, but rather to sell a few stocks
from time to time as they advance
and as very substantial profits have
been made IN them. Anyone who
carries into market slump stocks
amounting to only 25eo-35e6 Of
his investment funds certainly has
no real worries. The investor who
is dependent upon income and
who is not price-cOnsci0us might
carrv larger amount Of sound
dividend-Daving stock issues into
market slump. / suggest. there
fore, that raSher than selling or
al of vour sfocx-hOldinas and
then sitting back and waitfng for
bargain levels. it would be better
for Won To keen few stocks. but
IT the same time hold q backlog n
reserves that would he available
for the repurchase Of stocks later
on.
0HeSfion w. g-0n Utility Stocks
m v0TT THINK UTILITIES
WOULD SUFFER WITH ANOTHER
Milford chronicle., 1956-02-17
CIR GA ME FIITIIRE

Automobile manufacturers have at last
built car which cannot have accidents. This
has been attained by Che only sure way, the
elimination Of the driver General Motors
has created a gas turbine powered autorno-
bile, now on display in New York City. Steer
ing, speed, acceleratiOn and braking are req
ulated by an electric conductor in the middle
of a specially devised roadway.
Upon entering the roadway the driver
gives his location and destination and moves
to the outside lane He then synchronizes
his speed and direction with control tower
When the tower takes over, the driver be-
comes totally unnecessary. The tower takes
the car to the point at which its owner must
leave the special roadway. All the time that
ne is on this road, he is under control of the
tower, and so are all the other motorists
That is why no accidents are possible.
Such contrivance has actually been. CON
structed in the Arizona desert. IT NAV well
reveal the cars Of the future
Milford chronicle., 1956-02-17
YULETIDE IN FEBRUARY

A certain man, who shall here be known
as Elmer GlOckenspiel, makes a big thing of
Christmas. His yard and house decorations
go up early and stay up late-and, generally,
win prizes
Since this has been going on Tor some
years now, the strain IS beginning to tell.
About last Thanksgiving, Elmer started get
ting his decorations up giant candles flank
ing the doorway, a manger scene on one
square of lawn and carOllers on the other,
Santa Claus and his sleigh on the roof, let
tiers across the front of the house spelling
out, The Elmer GlOckenspiels Wish You a
Merry Christmas"
Music, too, sounded out. A loudspeaker
sent forth the CHEEKY strains. Elmer turned
that off, blessedly, about week after Christ
mas. But the decorations are still up. Santa
and the manger scene, the choir boys, the
huge candles still frame the sign that lets
the world know how the Glockenspiels feel
about Christmas.
It's a myster around the neighborhood
but the answer is simple: Elmer hasn't had
time to take the stuff down. Our theory is
that he's going to leave it up for next Christ
mas.
And while thinking about Elmer's Yule
Of yeSteryear, why not go ahead and think
about election posters? Shall these be allow
ed to disfgure the landscape long after the
autumn elections? Will the tattered rem
nants of candidate portraits and bond-issu-
ing urges be allowed to wave in all the
breezes of years to come, joining Elmer's
dusty Santa Claus and unIit candles?
The late Connie Mack said when a ball
game was over it was over. 1T was III the
record. It was yesterdays game. Today's
game is the one we must win. It's hard to
win a campaign of cleanliness and beauty in
the midst Of unhousecleaned messes.
5000
Milford chronicle., 1956-02-17

not just occasionally night
and day. It will cost comparative
ly little to modernize them. For
example, adequate signing-re-
Hectorized signs for 24-hour visi-
bility-will make existing roads
safer at a fraction Of the cost Of
highway construction. Widening a
network Of roads and bridges, and
improving existing roads at other
dangerous points, costs much less
than construction Of 4 mile or two
Of superhighway. Yet, by doing
these things. we can save the
most lives and meet the greatest
needs.
Unless we give equal priority to
these existing roads before spend
ing billions for the super roads
between the big cities--the country
side viii lose the future.
Congressman from the nom
metropolitan areas must be sure the
existing roads get their share Of
the new highway funds.
a4R
More Guiding Neededg
Resignation Of Trevor Gardner,
Assistant Secretary and research
chief Of the Air Force, coming on
the heels Of Senator Stuart SYM
iE.gton's "Meet the Press" TV blast,
hss thrown the Congressional spot
Izht on the intensity Of our efforts
to meet Russia's guided missile
threats.
While the Missouri senator, who
was the first Secretary Of the Air
Force declined to comment on the
recent statement Of Senator Henry
NJ. Jackson that the Reds would
fire a $500 mile intermediary
ballistic missile this year, he de-
clared that the Reds had tested
such a weapon that ranged hun
dreds of miles farther" than any
we have fred. We we're tagging
behind because Of "fye-day week
tactics. and he urged q full, frank,
OPEN investigation by Congress.
The resigning Assistant Secre-
tarv Gardner said he was unhappy
about the guided missile programs
and the wasteful inter-service RI
VARY. He urged a "crash" pro-
gram. and estimated the extra cost
at 200 million dollars.
At his press conference, Presi-
dent Eisenhower was queried on
the Symington remarks and the
jackson statement. He discussed
the COMPLEXITIES Of the problem at
some length and said in conclu-
sion: "But. as Of now, this thing
e being researched and developed
40 rapidiv as it can be done in
this country. so far as my experts
and my people in the Defense De-
partment tell me-"
But these people, including Mr.
cardner-whOse resignation the
President accepted the next day
defense Secretary Wilson and Air
rorce Secretary 0naries, win have
ne opnorfnnifv Of telling the Mile
.arv AnnFications subcommittee II
re Ioinf Committee on Atomic
ENERGY. NJ which Senator Jackson
q chairman.
Dnenife the mysterious teehni-
,alitlos. the subcommittee should
u able IN eft the Gardner charge
.haf comnptifion between the AIT
Force. ARMY and NAVY in separate
.,iaaila dovoIonnenf wastes hofn
ima and money-and decide. after
81 these wears. whether we really
.honId have aunifcation"
The New Point ;
Washington officials are hoenN'-
~ aware az the vital importa"ee
Milford chronicle., 1956-02-17


ger reminded US, Il charged that
Harry Dexter White was a
Communist agent" He went on
to point out that this was almost
three years before the Attorney
General repeated what / said. .
The Senator blamed both parties
for the legislation permanently
confiscating the property of Ger
man an japanese nationals, but
said, White, CHASER, Coe and
Hiss, with the help of the Office of
Alien Property, got that done by
trickery and deceit
OF the confiscation Of Swiss
property in the u. s., he declared ::
Il say it was not the United States
but Communist spies and agents in
our Government who gave us a sor-
did reputation with a nation whose
honor and integrity we have al
ways admired. I say it is time to
reverse these policies by returning
all confiscated private property.
Only in that way can we purge
ourselves of the terrible impli-
cations"
More specifically, Senator Lam
gers recipe for removing the tar
nish from our national honor calls.
for immediate passage Of the Dirk
sen-Kilgore bill, plus two bills of
his own that would remove the
Office OF Alien Property from CON
troll of the obstructionist Justice
Department and place it under the
State Department
EVerybOdy's Tent
Sometimes the government re-
minds us of a camel.
The camel we have in mind is
one we heard. about a long time
ago. He was owned by a kindly
Arab and one night. when it was
terribly cold on the desert, the
Arab fold the camel he could
warm himself a little by sticking
his nose inside the tent. Then the
Milford chronicle., 1956-02-17
EDUCATION FOR TEACHERS


An unusual program sponsored by the
John Hay Whitney Foundation has been de-
signed to improve the quality of secondary
school teaching in public schools.
Twenty teachers are selected annually
by a distinguished committee of educators.
Ten Of them are enrolled at Columbia and
ten at Yale. These John Hay Fellows do not
follow a conventional academic program
They take courses in their own or related
heldS and receive no academic credit nor
degrees for their work After teaching ex-
perlence they are returning to college where,
without pressure, they can increase their
knowledge, be stimulated by leading pro-
fessors and renew the zeal with which they
entered the teaching profession.
This month a conference will bring to-
gether these teachers and their school SUI
pefIntendentS who nominated them for fell
lOWShips The conference will give the SUI
perintendents an opportunity to share in the
program and to see how they can utilize the
experience of the fellows once they return
to teaching duties.
The program may be too small-to have a
vast or dramatic influence upon American
education. Its value is that, like a stone cast
into pond, 1T creates rIppleS which may be
felt throughout the public school world.
The plan demonstrates how an educational
program for teachers can be organized and
it underscores the value of allowing teachers.
their own education.
For these reasons the John Hay Whitney
Foundation is making valuable contribu-
ton to American education.
~&SONE
WISE DECISION
"A great many supporters and admirers of
President Eisenhower will applaud his de-
clslon to not--at this time, at least-again
propose federal reinsurance of private
nOI4 IL .-et
made IN 1865 and in 1854; each time it en-
countered powerful bipartisan opposition
and got nowhere.
The proposal was made in the best of
faith and for the best of motives-to give
the public improved economic defenses
against the exigencies of illness. But there
was the gravest kind of doubt that this would
be the result. For one thing, no one could
estimate the possible costs with any degree
OF accuracy. Certainly it would have been
very high, and extremely onerous to the tax
payers, II 1t were to make any noticeable
difference IN health insurance benefits The
health insurance business is a highly COM
petitive one, and policyholders and plan
members get the maximum returns that their
payments and premiums will allow
For another and much more important
thing, there was weli-grounded fear that
government reinsurance could open the door
to eventual socialized medicine. It is GER
tainly true that when government paws the
bills, government must regulate and control.
And-the bureaucratic lust for power being
what It is-the controls are inevitably ex-
tended on and on.
Finally, the spectacular success of the
health insurance system as we know it
with ever-increasing membership and ris-
ing benefits at very moderate cost to par
ticipants-is in itself potent argument
against government Intervention.
REmR&
Milford chronicle., 1956-02-17
The New PaInI ;

washington nfIicials are heeoH'-
inc aware az the vital importa"ee
81 the average American tourist
a. a new economic force