Milford chronicle., 1959-10-02
WATCH FOR SCHOOL, BUSES

Now that schools have started all over
the country and the Fall weather is about
to get down to business, it would be well
for drivers to remember that darker days
and poor visibility often add up to tragedy
involving school buses.
Under the law in practically every part
of this country drivers are required to stop
when school buses are discharging or taking
on passengers This means that drivers ap-
preaching or following a school bus are re-
quired to STOP
In hilly areas, in poor visibility, or on
curves, cars travelling at today's high speeds
are often hard-pressed to stop if they do not
see a standing bus good distance ahead.
Although school buses are supposed to show
blinking lights, or stop signals, in the form
of a raised sign, or in some other fashion,
these signals are sometimes flashed danger
ously late by the driver, and oncoming cars
are given very little time to stop.
Therefore, we take this occasion to call
the attention of all drivers to the fact that,
as days get shorter and winter weather in
creases it's intensity, eyes should be kept
peeled for school buses, especially In the
early morning and early afternoon, in an ef-
fort to avoid what could be the worst posi-
BILE tragedy on the highways.
S&@&&
LONG SHADOW
The Stock Exchange is one of the Oldest
institutions in this country-indeed, it is
virtually as old as the United States Govern
ment itself.
The first Exchange was established on
May IL, 1892, when group of merchants
and auctiOneerS decided to meet daily at
regular hours to buy and sell securities. The
site was an old buttonwood tree on Wall
Street. a few blocks from the New York
Stock Exchanges present location.
The institution of the Stock Exchange
L. <~Srx1
and in service-Since those simple under
e-buttonwood-tree days. But its principal
function has not changed. That function is
to allow the individual to put his capital to
work whenever and wherever he chooses. In
free society, capital must be free to move
from one enterprise to another-and be en-
titled to the profits when venture succeeds,
and be ready to stand the losses if it fails. If
there were no day-in-and-day-out national
market where people could voluntarily in
vest their savings in the country's economic
future, or sell their securities for cash at a
known price reached by the workings of the
law of supply and demand if they choose,
there would be small opportunity to finance
new industrial growth.
This is the primary reason why the Stock
Exchange exists, and why it plays so vital
a role in the life of the country Back in the
beginning, handful of people invested in
securities. Now the nations shareholders
number more than IL million. The button
wood trees long shadow touches the entire
country.
VERDICT MUST AWAIT EVENTS
Nilxita Khrushchev ran into tough audi
ence when he made his nationally-televised
appearance before the free-world press re-
Gently
During Khrushchev's speech, and his
answers, he often appeared stern, and two
or three times spoke of sparks or small is
sues which could lead to third world con-
fiict. But for the most part, he was obviously
trying to charm the huge television audi
ence which was his.
Undeniably, Khrushchev had tough as
signment and hostile audience at the Ma
tional Press Club. His worst performance
came when he lodged several questions, such
as one on armed intervention in Hungary,
but he admittedly sounded quite reasonable
most of the time.
Perhaps his most significant appeal
was his call for a fundamental turn in
international relations. If the Russian lead
er desires such a turn sincerely, it could be
a milestone in the development of relations
between East and West-but many news
men in the audience were highly skeptical on
this question, basing their doubts on a long
record of duplicity, deceit and distortion on
the part of the communists.
But any final evaluation of the Khrush-
chev visit must await the completion of it,
and even after-events-in the opinion of the
editor.
There has been too much written on the
question of whether the visit is a good thing
or mistake. No one can possibly know this
until it is history. A number of columnists
and commentators have gone off the deep
end on this one.