davidaulloa/AmericanStories huggingface dataset:
The people's voice., 1957-06-07
MUTUAL INSURANCE

FARMERS UNION OIL COMPANY
Opheim, Montana
FARMERS UNION OIL COMPANr
StevensviIIe, Montana
FARMERS UNION OIL COMPANY
of Peerless, Montana
POWER FARMERS ELEv. co.
of Power, Montana
FARMERS UNION GRAIN co.
of Poplar. Montana
FARMERS UNION OIL COMPANY
Roy, Montana
wINIFRED FARMERS OIL co.
winifred, Montana
FARMERS UNION ELEV. & OIL co
of PendrOy. Montana
FARMERS UNION OIL COMPANY
of Joplin, Montana
FARMERS UNION OIL COMPANY
OF FIaxviIIe, Montana
FARMERS UNION COOPERATIVE
Miles City, Montana
Equity COOP ASSN. OF HARLEM
Elevator and OIL stations at
HarIem-HogIand-
FARMERS UNION OIL COMPANY
of Geyser, Montana
FARMERS UNION OIL COMPANY
FrOid, Montana
DAGMAR r.. u. TRADING co.
Dagmar. Montana
FARMERS UNION GRAIN %
Nashua. Montana
The people's voice., 1957-06-07

g Coop Adv. Council 1885
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10

yellowish spots are present on the
liver or spleen of the rabbit, the
animal should be burned or buried.
go The meat of wild animals, espe-
cially rabbits, should be thorough
ly cooked as this will render it
safe, even though it may have har-
bored the disease. There should be
no red meat around the bones after
proper cooking.
The incubation period for the di-
sease is from one to ten days, usu-
ally within forty-eight hours after
the beginning of symptoms of
chills, fever and general malaise.
Streptomycin and aureomycin are
effective therapeutic agents and
permanent immunity commonly
follows infection.
Game Biologist, Bill Edwards,
points out that cases Of Tularemia
here in Ohio are very uncommon,
due no doubt to the fact our rabbit
hunting season opens after num-
Der of heavy frosts or freezes which
hampers spread of the disease.
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10
Rabbit Fever Not
Common In State
Release Reports

COLUMBUS, O.-Although cases
of Tularemia rabbit fever are
very uncommon here in the Buck
eye State, a friendly warning of
its dangers and preventive meas
ures should be noted. The best
method of prevention of course is
knowledge of the presence of the
disease.
Other methods of prevention
are: ID Be a good sport, do not
kill rabbits in the squat; give them
a chance, not only as a sportsman,
but to prove they are of such
health status to become wholesome
food, in other words do not retrieve
rabbits that seem sluggish. 90
Avoid contact with your skin the
blood or other discharges of al
wild game. (3) Be careful not tc
rub your eyes with soiled fingers
or gloves after handling rabbits
Persons dressing wild game, par.
ticularly rabbits, should wear rub
ber gloves and always wash theil
hands with soap and water and dis
infectant. (4) If at the time o
cleaning, small, raised, pus-filled
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10
West Jefferson's
Cagers Victim OF
AshviIIe Quintet

West Jefferson's Rough Riders
didn't ride so rough in their battle
Saturday night with the strong and
''hot" AShville quint. They dropped
a beauty of a chance to win their
first game, losing 63-44.
Coach Even Bryden's netters
failed to come through with what
it takes on the free-throw line and
on the floor. They barely managed
to hit At percent of their free shots,
making IA of 30. From the floor
they hit a low 10 percent in Is of
rs attempts.
Ashville started an early drive
and at the end of the first period
led 22-5 over the Riders. By half
time the score had been narrowed
to 14-31, but jumped up again to
a 50-21 margin at the end of the
third period. West Jefferson man
aged to outscore a bevy of reserves
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10

Norman Road, and Clofas Bark
er, of Mt. Sterling.
Mr.. and Mrs. Willis Anthony of
Washington c. Fl. were callers at
the home of Mr.. and Mrs. Thomas
Anthony on Thanksgiving evening.
Miss Mabel Cantwell called on
Mrs. Floyd Hall Saturday evening.
Mr.. and Mrs. Robert Alspaugh
spent Thanksgiving Day with Mrs.
Alspaugh's mother, Golda Byerly
of London. Other guests present
were Mr.. and Mrs. Harold Byerly
of Madison Lake.
Mr.. and Mrs. George Beedy had
as their guests Thanksgiving Mrs.
Georgia Groons and children of
Columbus; Mr.. and Mrs. Gerald
Butcher, and son Danny, of Bloom
ingburg; Misses Susie Welch and
Tillie Butcher also of Blooming
burg.
On Friday Mr.. and Mrs. Nelson
of Columbus.
CHRIST VICTORY CHURCH
(Bloomingburg)
Pastor, Pauline Hidy.
Broadcast, 900 a. m, Station
WCHO.
Sunday School $3.50 a. m.
Morning Worship 10:45 a. m.
Evening Worship 7:45 p. m.
Mrs. Hidy was the speaker for
the broadcast Sunday.
Song-fest will be December 18th
at 200 p. m.
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10
AirpIane Proves
Effective Means
For Game Warden

COLUMBUS, o. - The Division
of Wildlife's newly acquired air.
plane has already proved its effec-
tiveness in game law enforcement
according to D. r. Ziegler, pilot OF
the plane.
On Saturday, November %, the
Division of Wildlife aircraft, pilot
ed by Ziegler of the Law Enforce
ment Section, launched a patrol CO.
ordinated with ground units, using
two-way radios, in the directing
and apprehension of violators in
south and southwestern Ohio Coun.
ties.
During the patrol, eleven arrests
were made for the possession oi
quail, one for possession of dove
and one against a hunter for fail.
ing to carry and exhibit a hunting
license. Others cooperating in the
patrol were Dan Atzenhoefer
Wildlife District Supervisor, anc
Eden Sturgeon, District Law En-.
forcement Supervisor, and county
personnel
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10
East Range
coRDA BARKER
MT. STERLING, RT. 7
CHURCH OF CHRIST
IN CHRISTIAN UNION
(Sedalia1

Pastor, Jennie Mcpherson.
Superintendent, Elsie Kelso.
Sunday School $50 a. m.
Morning Worship 1920 a. m.
Evening Worship 1880 p. m.
Thursday Prayer Service 7:3O
p. m.
Attendance at Sunday School
last Sunday sc.
Missionary meeting was postpon-
ed until December IL.
Mr.. and Mrs. Glenn Estep and
children spent Thanksgiving week
end with relatives in Kentucky.
Mr.. and Mrs Sidney Bennett and
daughters spent Thanksgiving with
Mrs. BENEFITS sister and family.
Mr.. and Mrs. James Bowen and
daughters entertained relatives
from Mt. Sterling on Friday.
Mr.. and Mrs. Vert Maggard, Wis
tied Sunday with their son and
family, Mr.. and Mrs. Leo Maggard
near Florence Switch.
Mr.. and Mrs. Walter Barker had
as guests on Friday evening, Mrs.
Ada Beedy of Range and Miss Su-
sic Welch of Bloomingburg. Callers
at other times of the week were
Vernon and Naomi Bruce of the
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10
S p 9 r I S
Madison South Is
A-31 Winner In
Sterling Battle

Coach Walter Hobbies Madison
South hardwood five took the mea-
sure of Mt. Sterling 44-31 on the
Madison South floor in a fast game
Friday night, as Justice took the
scoring honors with IA points to
his credit for the Madison South
team. Sells was top scorer for Mt.
Sterling with ten points on his rec
ord for the evening.
Madison South racked up A free
throws in 8 tries for an average of
so percent and Mt. Sterling had
an average of 45 percent on their
free tosses. Neither team was pla-
gued with fouling. Actually, most
of the activity was in the center
of the court instead of around the
baskets.
Neither team showed exception
al aggressiveness, but both seemed
to concentrate on defense. Mt. Ster-
ling Started the game with a man.
to-man defense and switched to a
zone. Madison South stuck to a
man-to-man during the entire
game.
Scoring the points for the teams
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10
DEERCREEk CLUB

The Deercreek Home Demon
stration Club met Monday, De-
cember 2, for an all day meeting in
the Lafayette Methodist church
basement. Christmas At Home"
was the topic for the day with Mrs.
Clyde Johnson and Mrs. Donald
Norris as the leaders.
Many gifts, center pieces, table
and door decorations made from
scraps of material and things
around the home were shown.
A sack lunch along with the
salads, cookies, candy and Yule
Log, all brought as favorite Christ
mas recipes, were enjoyed at the
noon hour.
The afternoon session was spent
making felt earrings and lapel
pins, pertaining to Christmas such
as bells, mittens and angels.
Those enjoying the day were
Mrs. Howard Groves, Mrs. Lowell
Snyder, Mrs. William Hollings-
worth, Mrs. Peyton Garrison, Mrs.
Donald Norris, Mrs. Clyde john
son, Mrs. Ruth Rollins, Mrs. Don
aid Claar, Mrs. Elmer Flannery,
Mrs. Ivan Miller, Mrs. Richard
Norris and Mrs. Robert Larkins.
The next meeting of the club
will be Monday, January 13, with
the topic being, More Space In
Your Kitchen Cupboard" All the
ladies of the community are invit-
ed to attend these meetings.
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10
Pheasant Hunters
Get Shot In Arm
With New Release

COLUMBUS, o - Ohio's 1857
pheasant season, which has already
been proclaimed the hest in several
years by Game Management per-
sonnel will get an additional "shot
in the arm" with the release of
more than $500 cock pheasants, all
on Public Hunting Areas.
These range hardened birds
which are surplus cocks from regu-
lar game farm operations will be
released prior to weekends and
Holidays until the end of the regu-
lar season on December z. Some
of the birds, however, will be held
for release on areas having an ex-
tended season from December
through January l, 1858, includ-
ing: Resthaven, in Wildlife Dis
trict No 8; Maumee State Forest,
District No. 2; Spring Valley, Dis
trict No. 6, and Delaware Wildlife
Area, District No. 5.
9th er Public Hunting Areas
where surplus cock pheasants are
to be released between now and
the end of the regular season De-
cember 7 are: Rush Run Wildlife
Area in Preble County; Berlin
Reservoir Wildlife Area in Portage,
Stark and Mahoning Counties;
Willard Marsh Wildlife Area in
Huron County: Oxbow Lake Wild
life Area in Defiance County;
Beaver Creek Wildlife Area in
Williams County and Wyandot
Wildlife Area in Wyandot County.
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10
HOME
DEMONSTRATION
NEWS
MADISON RURAL

Our meeting this month concern
ed Christmas at home. A short
business meeting was presided over
by Mrs. Carl Rinehart.
Mrs. James Adelsburger and
Mrs. Roger Mantel gave us some
recipes for festive foods. They had
prepared several delicious dishes
which were served to the ladies at
lunchtime.
We were shown very attractive
gifts to be made for the family
There were also many pretty
Christmas decorations that were
simple to make. Most of the mem
bers made small gay lapel pin OF
felt Christmas apron.
TWenty-seven m e m b ers and
guests were present. Mrs. Williams
and the Home Ec girls attended
the afternoon session.
Secretary,
Betty Fades
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10
NOTICE OF APPOINTMENT

Estate of oliver Z. Liller Deceas.
ed. Faye S. Liller has been appointed
and qualified as Executrix of the
estate of oliver f. Liller late
Madison County, Ohio, deceased.
Dated this 18th day of Novemhe
AID. 1857. Number 1880 Docket {
Page $40.
Joseph s. King
Probate Judge OF Said County
Nov. 25 Dec. 2 9
Madison County Democrat. (London, Ohio) 19??-1958, 1957-12-10

in the final period as they hit for
% while Ashville, playing primari-
ly reserves, accountd for only 10
points.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-08
BALTIMORE
MARKETS
Quotations supplied by the United

Quotations supplied BY the Unitec
States Agriculture Department.
Grain Market
Flour-ReCeipts none
Wheat---Receipts, ll2.a00 bushels
shipments. none stocks 43t ,57a
bushels. No . red winter Rarlicky
Corn Receipts. 1c.2ss bushels;
shipments, 1900 bushels; stocks
3.33I.24l bushels
Oats Receipts, none; shipments
none. stocks, 41H,i4O bushels
Barley Receipts, 5aSS bushels
shipments. 666 bushels; stocks, $50.
3lH bushels
Rye Receipts, none, shipments
none. stocks, 305,2J5 bushels
Soybeans Receipts, none, ship.
ments, none; stocks, 1876 bushels
Millfeed--Receipts. none
EgG Market
yesterdays QuOtatlOnsl
Eggs. prices unchanged to l cent
higher Top quality eggs in lighl
supply others fully ample for the ful
demand Receipts lighter.
Prices paid bv first receivers, de.
livered fob. Baltimore. cases included
large. minimum 80 per cent A uualit,
whites 43-46 brown and mixed a.
asa mediums. minimum 60 per cen
A quality whites. 36is-3a brown anC
mixed, 35ia-30' standards, 32-33
Receipts eggs 1000 cases by truck
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-08
BUSINESS
BRIEFS

Business loans by member
banks in the week ended July
81 totaled $3l,3l0,O00, 900, down
S45 million from the previous
week. but up $3.Ol9,0 900. 900
from the like week a year ago.
Federal Reserve Board.
Crude petroleum production
last week totaled 6,843,350
barrels. down 1850 from the
previous week and compared
with 7.065,450 in the like week
a year ago.-American Petro-
leum Institute.
Diana Stores Corp. July sales
$36.52l.335 in the year ended
July 81. up 1867 from the
previous year.
Franklin Stores Corp. July
sales totaled $2.862,110, up II
per cent from 1856.
Phelps Dodge Corp. in six
months ended June 80 earned
$27. 562.6 SOS or $2.72 a share VS..
$5l.124,617 or $5.04 in 1856
period.
Pure Oil Co. in six months
ended June 80 earned S19.0l2,-
900 or 1921 a share VS.. $685.
900 or s2.08 in 1856 period.
Associates Investment in s
months ended June 80 earned
$l0.l59.466 or $3.01 a share VS..
$9,780.976 or S2.97 in 1856
period.
Libby. Mcneil g. Libby in
year ended June 90 earned
SO 675, 1862 or 80 cents a share
VS.. S8.037.97l or $2.05 in 1856.
Newport News Shipbuilding
in 6 months ended June 80
earned $3,104,3l6 or $3.50 a
share VS.. $l,993,497 or $249 in
1856 period.
American Chain g. Gable in
6 months ended June 80 earned
$3,797,861 or $3.45 a share VS..
$3,870.820 or $3.50 in 1856
period.
Dan River Mills in 26 weeks
ended June 30 earned $2.616,949
or Sc cents a share VS.. S2,007,-
462 or SO cents in 1856 period.
G. c. Murphy Co. in 6 months
ended June 30 earned So, 1872 .440
or $l.3l a share VS.. $3,007, ola or
$1.4l in 1856 period.
Speigel, Inc, in six months
ended June 80 earned S526,229
or 81 cents a share VS.. $1.0ll.-
SIS or 81 cents in 1856 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-08
CHICAGO GRAIN

nour business caused a mild rise IN
wneat futures prices in early Road
OF TRADE dealings today
.o Soyneans also we're as much as a
cent hisher at times IN buvine which
rejected slightly bullish Government
cotton crop forecast Of N So- 0Oo
paies. compared with 1880 600 baIss
hhsrvested last wear. This was slightly
peIoW expectstions
Rive climbed around a cent or moro
On On reports OF substantial rye -four
business Corn reacted somewhat from
cseent "ains' and oats showed little
Ne Near the end Of the frs, hour new
lower, September S2i3Ts, corn was
1nenanRed TO y lower Sentember
low, goa; oats were unchanged TO 4
Changed ep 10 9bi iSs., rye was I'M
81 .33'1. soybesns we're u p ~ 1s
niRher September So49 and lard VAS
cents hundred pounds lower TO
GEMS nlgher' September Si2So
hOsernisnt nour business was in soft
sneat nour the red winter wheat
hour that is used in baking OF such
merchandise as cookies II was about
me only -four business stIll 70 no
ttbbn n hnah; Tradesr said thev believed
per cent freight rate boost due shortIy
q, ESQ causing some early strength
IN wheat was private Canadian crop
forecast for 292 million bushels az
spring wheat in western prairie nroV.
inces. This was below trade exnec.
tations and compares with iO56 nyo.
ouction OF 400 million bushels How
plus SUIT
Weakness in Kansas City wheat has
nad some bearish effect here Ele-
vators were reported full not only in
Kansas CITY but from that point
southward 70 the Gulf Of Mexico
Meanwhile, low protein wheat is re-
ported moving in TO Kansas CITY from
Neoraska. This is not wanted and
WI be q elut on the market. authori-
The Government will forecast SOW
bean bean production tomorrow. Traders
neIleve II may be for 43O to 44O mill
non bushels. One soybean trading
source said the biggest question is moi
the size OF the crop. but how soon new
crop beans will be available The
CROP went into the around late and
now is in the critical groWing stage
Ihere have been some damage re.
ports However, the forecast is for
favorable growing weather.
early weakness in corn was attrib-
uted to reaction following recent
independent strength In that pit Also,
tne market was somewhat thin due
70 reluctance TO trade ahead Of the
Government crop forecast due to-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-08
Stocks Mixed,
Range Narrow;
Trading Slack

NEW YORK, Aug. 8 (R.-
The stock market was mixed in
sluggish trading in the early
afternoon today. 1t started
higher. moved to the downside,
then became irregular.
Changes in either direction
ranged from fractions to about
a point.
Brokers attributed the eau
tious approach of investors to
a combination of technical
factors and news Developments.
From the news standpoint.
traders were pondering the
prospect of an increase in the
discount rate by the Federal
Reserve Board. This fee
charged on loans to member
banks is 3 per cent. The board
holds its regular weekly meet
ing after the close of the
market today.
An increase in the discount
rate would represent a further
tightening of credit and could
give the market a "psychologi-
cal setback" some brokers said.
Steels, oils and motors were
mixed, although oils showed
some higher tendencies. Air
crafts were up a shade, while
rails and metals tended lower
The Senate subcommittee
hearing on the recent steel
price increase appeared to have
little impact on the steel COM
pany stocks. Lukens was up
about a point. with United
States Steel and Bethlehem
ahead fractions. YOUNGSTOWN
declined about a point and Re-
public a fraction.
Corporate bonds rose slight
ly. Government bonds were
steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-08
N. Y. PRODUCE

NEW YORK. Aug. 3 ~ CUsDA) -
Butter steauy 10 FIRM receipts. 3Bo,.
200. Wholesale prices on bulk car
TONS ureshi. Creamery, ~ score
tAAl GO'4-hl cents; % score (Al,
bOl4-BOia. 90 score iBl 500 sill
Cheese steady Receipts. 3.i5 900
Prices unbalanced
Wholesale egg prices unsettled Re.
celpts,. 5000. New York spot quota.
tons follow: Midwestern. mixed coiors,
extras $3.50 pounds, 42-44h: extras.
large 40-4S pounds. 3a-lo. extras.
medium .36ia-37ts standards. large,
.s-33: checks, 23-25. Whites. *.
tras oih-5O Doundsl 42-Ib ,xtras
large i45.4S pounds, tO-4B. extras
medium 37-3S Browns. extras az,
80 pounds, 49-43
Nearby, whites, top quality 6Is.50
pnundsh 4f-47ls: mediums. J3-1n.
smalls' "bl2-@T. peewee, i5L-lS
Browns, top quality (4S-50 poundsl,
43la-3b; mediums 39-4l. smalls, 80.
3lla; peewees, l7is.lS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-08

Sales
Stock and Add Net
Dividend Rate 90 High Low I:iS chg.
Woolworth2D IL asa 4l% Ala "A
WriGley 30 2 e5l3 81 IS = "
Y
Yale&Towin 6 5lh 5lh 5lAb+ "A
fngsShGT3E IL lo2s4 1914 100 i
fnRstStlDIlp 2 asa asa 2916+ "
HovTiv Safes on the Exchange
100 am 4Oo 600 1900 moor 7lo 600
li0Opm 30 600 400 o. m o 600 600
limit o. tradinR 10 shares OF sales IN
.ul hates 0i 1'vldends IN the foregoing
larstion tipless otherwise "a noted daiO special
OF extra dividends are not included
2 Also extra q extras p Annual rate
N 1857 plus stock dividend e Paio last
Estimated a cssR In. STOCK ogrinE SSI
ex-dlstributioD date sDeclafed OF paid
g tai thi year hDeclafed oT paI7
after stock dyideno o. split.up kbe,
clareu ~ oald this year an accumu
lsIiye sspe with dludends 10 arrears
p Paig this wear dividend omitted de.
lerrsd o. 20 actlOl taken II last diyi
is5s d y stocs dividend sS.Ss' PsySbiGs u
sloch DURING 1850 estimated cash value
on eN-dividend o. redistribution date
IguidatinR dividend cid Called xES
q q,Sbas "a dii ,bdEaS dlslribItion "a Es
variants w1 When distribnied TwbsBB
issued no Next DAY delivery '1n bank.
ruptcy OF IecelYershlp or being reor.
'pscurtiss assumed 81 such companies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-08
Furnished By the A.
BY SAM DAWSON
Associated Press Financial Writer

NEW YORK, Aug. 8. = The
French are having another
money crisis. 1t comes in an
era of almost unprecedented
good times when you might
think a money crisis unlikely.
In the United States there's
no money crisis but there are
stable money troubles - both
for those managing a business
and those managing a family,
and also even for the Treasury.
This also comes in an era of
generally good times.
The French franc has sort Of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-08
New Ford Directors

DEARBORN. Mich, Aug. 8
R.-Ford Motor Co. Board
Chairman Ernest r. Breech an
nounced yesterday that Paul c.
Cabot and Robert S. McNa-
mara have been elected direc-
tors of the company.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-08
NEW YORK COTTON

NEW YORK, Aug. s (PD.-Cotton
futures moved nervOusly In forenoon
dealings today. Prior to publication
OF the August Government cotton
averaRed lower. The report, however.
was slightly more than 100000 bales
below average private estimates and
this caused some buying Crop and
weather news remained favorable
Noon prices were 80 to 90 cents a
bale higher than the previous close
October ~ 32, December, 34,3i. and
March, "a 80.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1957-08-08
France Has MoneyCrisis
Despite Wide Prosperity
rs MOST ACTIVE ISSUES

dropping to the lowest point in
five years on the black market.
The American dollar is in no
danger whatsoever of devalua-
ton and there is no black
market, but its purchasing pow
er is being slowly land also
unof1icially) devalued by the
rising cost Of living for con-
sumers and rising costs of doing
business and running the gov
eminent.
Small People
In both countries those being
hurt the most are much the
same-small businessmen, small
farmers. the white collar work.
erS, those on fixed incomes.
Those seemingly hurt the least
are the bigger businesses and
those with strong unions. They
find it easier to ride the wage
price spiral TAT least for the
time being and to surmount
the tight credit, costlier money
conditions which. it is hoped,
will slow down imitation.
In France the remedy they
talk OF trying is either official
davaluation-which could prove
to be only a sedative, not a
cure-or austerity.
Here the word austerity isn't
heard and isn't likely to be.
The nearest approach to it are
the words restraint-restraint
by labor in asking higher wages,
restraint by business in rails
ing prices-or higher interest
rates.
Higher costs chalked up this
week in the United States in
clude; Higher interest rates on
Government-guaranteed home
mortgages. higher interest
charged by some banks on
business loans. freight rate
hikes of 7 per cent for Eastern
and Western railroads and of
4 per cent for Southern roads.
and a promise by the civil aero
nautics board that it will speed
up its study of airline passenger
fares which the companies call
too low.
Dollar Problems Small
Americas dollar problems
look small when you look at
those in France. The French
franc has the shakes largely
from imbibing too much pros
perity too fast.
France is having an indus
trial boom. to feed that boom
1t has imported more materials
than 1t has exported, weaken
ing its currency dangerously in
terms of those of other nations.
Bolstered by the boom, wages
and prices have risen. One re-
suit has been to make French
goods costly in world markets
and to cut into the export total
1t should have been building up.
Government expenses have
been rising Gust as here).
France has a costly war on its
hands in Algeria (the United
States defense spending plaques
American budget managers.
The French government
might try clamping on austerity
telling prosperous French
men they can't have the goods
they want to buy. they can't
have higher wages. they can't
raise their prices.
The rub comes (as it does
here on a much smaller scale)
when profits are high and wage
scales fat and jobs plentiful.
it's hard then to convince those
who seem to be profiting that
there is a fiscal crisis.
So Frenchmen hoard gold
and dump their francs against
the day Of devaluation-but
austerity, that's another mat
ter.