davidaulloa/AmericanStories huggingface dataset:
The Sidney herald., 1960-07-27

PHOTO : FINISHING BONUS
FREE FILM AT THE NEW SID
NEY DRUG STORE ROLL OF
BLACK & WHITE FILM FREE
WHEN YOU BRING YOUR FILM
TO THE NEW SIDNEY DRUG
STORE FOR DEVELOPING OR
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100 OR $40 FILM. GOOD ONLY
DURING JULY 28-29-30. 28-ltc
The Sidney herald., 1960-07-27

If Sidney wants to grow, there
is one sure way: make jobs avail
able for the people who would like
to live here.
The Sidney herald., 1960-07-27

Girls go to the beaches to see
and he seen; men go to see and
swim.
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1960-10-13
ROOMS FOR RENT

FURNISHED room for gentleman:
private entrance. 22331 Beckford
ave. RE. 1-67l7.
ATTRACTIVE room in private
home. quiet pleasant street: near
East 125th st. Clair. PO. 1-45l2.
1877 EAST 2l2th. off Miller: 2 sleep
ing rooms for middle-aged, retired
ladies or couple; Italian pre-
ferred, but not necessary; with
home privileges. w. 6-3499.
EUCLID Beach area: comfortable
sleeping room; private entrance.
~, 1-6423.
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1960-10-13

CLASSIFIED ADVERTISING
MAY BE PHONED IN TO OUR
OFFICE UNTIL 8 O'CLOCK
TUESDAY EVENING, 90c MN
IMUM CHARGE; CASH WITH
ADVERTISEMEN 75c MINI
MUM. NO CANCELLATIO
or ALTERATIONS AFTER 5
p. M. TUESDAY.
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02
Grantsville Notes

marks were. given by Rev. Emory
McGraw, pastor. Mrs. Clair |.
Young and Mrs. Betty Lands will
entertain at the church in June.
The Grantsville P-TA held its
final meeting for the year with
Edgar Bender, president, presid-
ing.
Officers installed for the year
are: Robert Bender, president;
James Michael, vice-president;
Mrs. Ray jenkins, secretary Mrs,
Fern Epstein, treasurer. Michael
Duda, president of the Garrett
County Council of P-TA, installed
the officers.
Edgar Bender was presented
with a past presidents pin, and
was commended for his splendid
work done this past year. A. B..
Dean, principal, gave report on
the years work. Paul Muha, prin-
cipal at Northern High school,
presented an illustrated lecture on
the program offered at Northern
High school. Miss Claudine Opels
room won the prize for having
the most parents present.
The Pre-School Clinic sponsored
by the Home Room Mothers club
with Mrs. Michael Duda, chairman,
registered as children last week.
Mrs. Melva George, public health
nurse, gave vaccinations and shots.
Mrs. Charles c. Bender, Mrs. Paul
Muha and Mrs. Darrell Stahl
served on the Committee for the
children's party and mothers, on
Friday afternoon.
The Confraternity of Christian
Wives and Mothers held its
monthly meeting at the home of
Mrs. Lorraine Bittinger, recently,
with Mrs. William Blocher, presi-
dent, presiding. Father Conrad
spoke on Religious Instruction for
Children" The June meeting will
be held at the home of Mrs. Will
liam Blocher. Following the bust
ness meeting refreshments were
served.
The st. Stephens chapter, Con-
fraternity of Christian Wives and
Mothers, held its annual Com
munion breakfast at Hill Top Inn
and entertained st. AIMS CONTRA
ternity, Avilton. Gifts were pre-
scented to Mrs. Victoria Garlitz,
Grantsville, and Mrs. Raymond
Mckenzie, Avilton, Mother of the
Year" Father Conrad was the
speaker. His topic was THE I'M
portance of Mother Influence in
the World" Forty-six persons at
tended.
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02

Members of the Grantsville Ro-
tary club attended a banquet at
the Ali Chan Shrine Country club
recently. Drew Pearson, news com
mentator, of Washington, d. c.,
was the speaker of the evening,
and spoke about his trip to Paris
and the Summit conference. A
turkey dinner was served.
The Womens Society of Chris
tian Service of the Methodist
church held its charge meeting
and regular meeting at the Grants
vile church, Wednesday evening,
with Mrs. Clayton Edwards, presi-
dent, presiding. Mrs. Harry Bow
ser was the leader. The topic was
"Jesus, The Light of The World"
Participating in the program were
Mrs. Clair l.. Young, Mrs. Irva
Mickey and Mrs. Leona Bills. Six
ty-three were present from State
Line, Mt. Zion, Emmanuel, Jen-
nings and Grantsville. Gifts were
presented to the presidents. Mrs
Irva Mickey gave report on the
Spring Sub-District meeting at Par
sons, w. Va, and Mrs. Glen Yoder
reported on the dinner and min
Strel show concessions. Closing re-
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02
GLADES

Mr.. and Mrs. Quincy Kolb and
children, Mrs Harvey Mellinger,
Mr. and Mrs. Charles Ash and Yer
non and Jean Paden were week
end guests of Anna Opel and sons.
Mr.. and Mrs. Noah Schrock we're
Sunday dinner guests of Leah
Bethel.
Mr.. and Mrs. Isaac Metzler at
tended the 50th wedding anniversa-
ry of the Altoona Mission. Rev and
Mrs. H. B. Ramer, of Duchess, AL
berta, Canda, accompanied them
to their home here where they will
visit for few days.
Rev. and Mrs Ray Otto attended
church here Sunday.
Sunday visitors at the Ernest
Brennemans were Mr.. and Mrs.
Jerome Zehr, Betty June and lola
Schrock, Kenneth Kaufman, Mr..
and Mrs. Alton Miller and Mr.. and
Mrs. Ernest Brenneman, Jr., and
Mr.. and Mrs. Henry Zook, Of Indi-
ana.
Mr.. and Mrs. Elmer Brenneman
and Mrs. Viola Miller and Darlene
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02
Short Course Club
Members Hold Meet

Some AZ members of the county
Rural Women's Short Course club
attended a dinner held at Penn
Alps near Grantsville Thursday
evening of last week. Special
guests were Mrs. Douglas Smith,
LaVale, chairman of the State r.
w. S. c. Committee and Mrs. John
NJ. Beckman, president of the AL
legany County R. w. S. club.
Mrs. Smith spoke of the mean
ing of the land grant college and
the beginning of the state organiza-
ton in 1928 and emphasized that
the short courses are for all wom-
en-, not just members of Home
maker clubs.
Miss Ethel Grove, home demon
stration agent, said she had sent
information to the Civic and wom-
ems clubs in the county about the
short courses.
Miss Katherine Close, home
economist for the Potomac Edi-
son company, was guest.
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02

niece, Sharon Hall, Akron, and
Mrs. Everett Fike, Markleysburg.
Mr.. and Mrs. Carl Bowman were
Tuesday supper guests of Mr.. and
Mrs. Homer Deniker and sons.
Sunday afternoon visitors of Mr..
and Mrs. Henry Glass and daugh-
ter we're Mr.. and Mrs. Glen Glass
and family, Frostburg. Evening Wis
itors were Mr.. and Mrs. Clarence
Georg, Turtle Creek; Mr.. and Mrs.
George HetZ, Mr.. and Mrs. Carl
Glass and son and Mr.. and Mrs.
Clarence Glass.
Miss Ruth Richter returned to
her home on Monday after being a
patient in Garrett County Me-
mortal hospital for several days.
William Bethel, Accident, and
Walter Hanft we're recent supper
guests of Mr.. and Mrs. William
Ellis, Baltimore.
Tuesday visitors of Mr.. and Mrs.
Roy Hartman were Mr.. and Mrs.
Melchoir Kolb, Accident.
Weekend guests of Mr.. and Mrs.
Robert Resi- and daughters we're
Mr.. and Mrs. Thomas Keiger and
daughters were Mr.. and Mrs. Thorn
as Keiger and daughter, and Mr..
and Mrs Stanley Mizell and daugh-
ter, Arlington, Va. Other Sunday
visitors were Mr.. and Mrs Thomas
/ Resi-, Mr.. and Mrs. Ellis Broad
water and daughters, Miss Mae
Schroyer, Accident; Mr.. and Mrs.
Clinton Erwins and daughter,
Grantsville, and Mr.. and Mrs. Will
liam Hanft.
Friday evening visitors of Mr..
and Mrs Walter Richter and family
we're Arthur Richter and son Paul,
Friendsville. Weekend guests we're
Mr. and Mrs. Emerson Frazee and
daughter, Oakland.
Weekend guests of Mr. and Mrs.
Bert Griffith and son were Mr.. and
Mrs. Ray Griffith, Akron; Mr.. and
Mrs. Richard Thomas, Cleveland;
Asa Griffith, Philadelphia. Monday
visitors we're Mr.. and Mrs. Leroy
Patterson, Cleveland, and George
Thomas, Friendsville.
Mr.. and Mrs. Walter Hanft and
family were Sunday afternoon Wis
itors of Mr.. and Mrs. Everett Fike
and family, Markleysburg.
Sunday evening visitors of Mr.
and Mrs. Fred Bentz and family
were Mr.. and Mrs. Lewis Hartman.
Mr.. and Mrs. Bert Griffith and son
were Monday evening visitors of
Mr.. and Mrs. Garland jenkins,
FriendSville.
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02

we're callers at the Allen Brenne-
mans, Sunday.
Mr.. and Mrs. Edgar Hartman Wis
tied the Elwood Glotfeltys over
the weekend.
The Herman Opel family had a
picnic dinner at the Herman Opels,
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02

Harry B. Dougherty, of fancy
town, was elected District Gov
ernor of the 40 Lions clubs in Dis
trict 22-W at the annual multiple
District % convention in Atlantic
City, N. j., which closed May %.
Mr.. Dougherty will succeed Law
renee Dorsey, of Woodsboro, who
is the present executive officer of
the Lions district which includes
Garrett county.
Mr. Dougherty is owner and
operator of a grocery supermarket
in Taneytown.
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02
COVE

Robin Marie Keiger, infant
daughter of Mr. and Mrs. Thomas
Keiger, Arlington, Va, was bap-
tized on Sunday morning at St.
Johns German Lutheran church.
Sponsors were Mr. and Mrs. Allen
Hanft, Canton, o.
Mr.. and Mrs. Paul Thomas and
family spent Sunday and Monday
with Mr.. and Mrs. Herman Long,
MorgantoWn.
Tuesday evening visitors of Mr..
and Mrs. Walter Hanft and fami-
ly we're Mr.. and Mrs. Claude
Friend and daughters, Mrs. Mar
garet Friend and Mrs. Florence
Shumaker and granddaughter, Ac-
cident. The occasion was the birth
day anniversaries of Mrs. Claude
Friend, Mrs. Margaret Friend and
Walter Hanft, which all occurred
on Tuesday. The birthday cake was
baked by Sue Ellen Friend.
Visitors of Mr.. and Mrs Mahlon
Brown one evening last week we're
Mr.. and Mrs. Ray Article and fami-
ly, Mr.. and Mrs Harold jenkins,
Herbert Ringer, Accident, and Mr..
and Mrs. Robert Brown and son.
Sunday evening visitors of Mr..
and Mrs. Woodrow Friend and
family we're Mrs. j. P. Fike and
The United Lutheran Church
Women held a covered dish din
ner with Greenville and Salisbury
United Lutheran Church Women
as guests. The speaker was DR..
Frances Dysinger, of Harrisburg,
Pa, who is the field secretary for
general organization of ULCW.
The topic was the work of the
ULCW. Fifty-three persons we're
present.
Personals
Miss Rita Edwards, Baltimore,
visited Mr.. and Mrs. Harry c. Ed
wards over the weekend They
also visited Mr.. and Mrs. Cecil
Edwards and children, Deep Creek
Lake.
Mr.. and Mrs. Thomas RenWick,
Silver Spring, visited Mr.. and Mrs.
Harry Renwick over the weekend
and attended the graduation of Re-
becca Renwick at Northern High
school.
DR.. and Mrs. Alex Pacheco,
OaXaca, Mexico, announce the
birth of second son. Mrs. Pacheco
was the former Miss Ann Smart,
niece of Mr.. and Mrs. Joseph F.
Fahey, Grantsville.
Mr.. and Mrs. F. J. Getty and
daughter, Kathy, Hagerstown, and
Mrs. Michael Powers, Hancock, Wis
tied MIR. and Mrs Joseph F. Fahey
over the weekend.
Mr.. and Mrs. Fred Hilton, Can
ton, o., visited Mr. and Mrs. Hay
ward Broadwater, Deep Greek
Lake.
Miss Vlola BroadwaUer returned
home from Memorial hospital,
Cumberland.
Mr. and Mrs. Daniel HerShberg-
er, Hyattsville, visited Mr.. and
Mrs. D. w. Hershberger, over the
holiday.
Mr. and Mrs. Bayard T. Keller
and family, Silver Spring, visited
Mr.. and Mrs c. o. Keller.
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02

Monday.
Linda and Carmen Glotfclty
were on a picnic with Mrs. Russell
Klotz and Evelyn Durr, near
Springs, Pa, on Decoration Day.
Try Our Want Ads-They Pay
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02

Two died and 20 were injured
when a temporary grandstand col
lapsed during the Indianapolis
Speedway race.
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02

Try Our Want Ads
The Republican. [volume] (Oakland, Md.) 1877-current, 1960-06-02

See the Chevy Mystery Show in color Sundays NBC- w
the Pat Boone Chevy Showroom weekly. A6C-TV.
Evening star., 1960-03-20
Senior Rejects
Loyalty Odth

NEW YORK. Mar. 10 (AP)
"A high school senior has re-
fused TO sign a LOYALTY oath re-
quired by the city board Of ed
ucation before he can get his
diploma.
Edward jain. 16. a student
at Bayside High School in
Queens. said he believed the
oath. required by the board
since World War I. is a form
Of coercion.
Principal Samuel D. Mosko-
witz described the youth as "a
good kid" and an intellectual
who does not accept things
easily" He said Edwards
grades run usually in the upper
Dos and he had won a State
regents college scholarship.
The youths father, Julian A.
Jahn, a sociologist, said Friday
that If the diploma is withheld
there might be a court test of
the loyalty requirement.
Evening star., 1960-03-20
Young Chang Denied
Immunityin Rood Case

OAKLAND, Calf, Mar. 1!
(AP.-Two municipal court
judges said ansrily today tht
State Department tried to in.
fluence a trafic case here in.
volving the grandson of Gen.
eralissimo Chaing Kai-shek.
One Judge Friday sentenced
Alan H. w. Chang, IS. a Berk.
eley Business College student
to a suspended three-day jaiI
term for driving his car at 80
miles an hour on q 65-mile an
hour freeway.
The State Department told
me the case would have inter.
national repercussions and ]
told them it was nonsense, said
Municipal Judge Charles w
Fisher who ruled against diplo-
matC immunity for young
Chang.
II told them that I put
housewives and other American
citizens in jail for going 80
miles an hour and that ! WASN'T
going to make exceptions"
The case was transferred tc
Municipal Judge Robert H
Kroninger who, in passing SEN
tence, told Mr.. Chang II am
not impressed by the pressures
that have been brought to bear
on me-"
Judge Kroninger said he sus-
pended the sentence only be-
cause II have yet to send any.
one to jail for a Is mile-an-
hour speeding violation"
In Washington, Lincolr
Evening star., 1960-03-20
Heading to Avelino Aliaga Bar.

leading to Avelino Aliaga Bar.
racks.
Mr.. Siles and other govern
ment officials hurried OF tc
army headquarters on the
south side of the city to direct
operations as soon as the revolt
erupted.
Other Outbreaks Recalled
The outbreak seemed to have
been more limited than the
Falangist uprising last April
that cost % lives and left more
than so wounded. In that at
tempt, the Falangfsts attacked
the city hall, government Of
fees, the government radio and
a regimental barracks. Oscar
Unzaga de la Vega, the Bo-
livian Falangist leader, was
killed.
On October 81. 1858, three
persons were killed in a revolt
In La PaE also blamed on the
Falangists.
The government says the Fa-
langists are backed by wealthy
Bolivians who once owned the
tin mines, the main resource
Of this impoverished nation.
The government says the tin
barons take advantage of un-
rest over low living standards
to stir up trouble among the
people.
The mines were nationalized
after the 1852 revolution. Revo-
lutionary leaders said the mine
owners despoiled Bolivia, living
high in Paris while Indian min
ers died of malnutrition and
overwork.
Bolivia has been having peri
odic upriSings ever since. The
last one before today was a
blowup in Santa Cruz, a city
Of $4,000. last June 26. One
policeman was killed. This in
cident also was blamed on the
dlspoSSessed tin barons.
Evening star., 1960-03-20

invitation to a renewal of nu-
clear arms tests"
Elaborating under question:
ing by Mr.. Wadsworth and Mr..
Ormsby Gore, the Soviet dele
gate said the research program
could begin before the three
governments formally ratified
the treaty.
| Asked whether the moratori-
um on small underground
blasts would be written into
the treaty text, Mr.. Tsarapkin
replied:
ut must, Of course. be an
integral part Of the treaty. But
whether this should be in the
form of an article or an annex
would have to be discussed by
the conference"
Red Accuses United States
Mr.. Tsarapkin made his an
nouncement at the l88th meet
ing Of the conference. It was
the first weekend session of
the three delegations for nearly
a year.
The Russian began by ac-
cuSings the United States of
preventing the conclusion of a
treaty. He said the American
proposal for a partial pact with
out a. moratorium on small
underground tests would re-
suit in a high-sounding but in
fact empty treaty"
Such an idea, he said, was
advanced ''by people who want
to remain free to hold under
ground tests"
Then he explained the Soviet
Union was willing to accept
the American program for a
partial treaty as well as for
more scientific study of the
underground problem If the
moratorium was included in
this package.
Mr.. Wadsworth disputed Mr..
Tsarapkin's accusations about
American good faith, but said
Of the Russian offer:
I'VE have just heard q very
important statement. There can
be no doubt of this"
Evening star., 1960-03-20
10000 in Peipine
Hail Latin America

LONDON. Mar. 10 (AP).-A
rally Of 10000 persons in Pei
ping today launched a drive for
friendship between Red China
and Latin America. Peiping
radio said Premier Chou En-lai
attended the flag waving,
speech-making event, but did
not record that he spoke him
self. The rally ostensibly cele-
brated the founding of the
China Latin America Friend
ship Association. It adopted a
formal resolution expressing
support for "the just struggle
OF the Cuban and all Latin
American people against United
States imperialist aggression. /"
Evening star., 1960-03-20

White, State Department press
officer, said that when the
young man was arrested, Chi.
nese Ambassador George Yeh
wrote the Department saying
there was nothing intentional
about violating the law. The
Department forwar ded Mr.,
Yeh's letter to the court, Mr..
White said, with a covering
Evening star., 1960-03-20
Adenouer's Proposal
For Vote Meets Snoqs

of suggestions for the summit
meeting is a tactical problem
officials say, not likely to be
resolved until the mid-April
foreign ministers meeting here.
Would Hit Khrushchev
The Adenauer plebiscite, all
sides acknowledged, would pro-
duce a solid West Berlin in
dorsement for the continued
Big Three occupation until
German reunification and
would reject Soviet Premier
Khrushchev's free city pro-
posal.
But 1t would be principally a
propaganda gesture to remind
the world that the Soviet
Union is in the midst Of an at
tempt to impose communism
on the West Berliners, not to
free them of something they
find oppressive.
Diplomats and world leaders
already know, from the De-
cember, 1858. West Berlin elec-
tions. that the population is
Overwhelmingly anti Commu-
mist. The Reds got only 3 per
cent of the vote, in which SO
per cent of the eligible voters
participated.
The reluctance of the West
ern nations to take the initi-
ative on a plebiscite may be
due to a desire to avoid a So
Wet charge that the West does
not intend to negotiate on
Berlin.
Thus it appears to be UP to
German authorities, in West
Germany and West Berlin, to
decide whether Soviet Premier
Khrushchev will be confronted
with a strong reaffirmation of
West Berlin's preference for
the status quo to his free city"
proposal.
Evening star., 1960-03-20
Austrian Minister
Is Received by Tito

BELGRADE, Yugoslavia,
Mar. 19 (AP).-President Tito
today received Foreign Minister
Bruno Kreisky of Austria at
his secluded island retreat of
Brioni. Mr.. Kreisky arrived
here Wednesday for an official
visit and talks with Koca Popo-
vic, the Yugoslav foreign min
lister, aimed at improving rela-
tions between the two neighbor
states.
Evening star., 1960-03-20
GENEVA

Continued From First Page
permanent ban on underground
tests.
Only five weeks ago Mr..
Tsarapkin described the Eisen-
hover plan as totally unac-
ceptable and insisted on a
treaty covering all types of
tests.
The silver-haired Soviet
delegate declared in a 35-
minute speech to the confer
ence that the Russian proposal
signifies a new and very i'm
portant concession to tn e
Western powers"
Quotas Still Issue
Later at a news conference
Mr.. Tsarapkin was asked how
long it would take now to con-
clude a partial treaty. He re-
piled: With good will and
mutual desire for an agree
ment, two weeks or a month or
something like that"
Despite Mr.. Tsarapkin's
optimism, the conference still
has to decide on a quota sys-
TEN fixing the number Of on
site inspections of suspicious dis
turbances each nation would
allow internationally composed
teams to make on its territory.
The Russians profeSsed sus-
picion OF espionage hss made
this one Of the toughest prob
lens facing the conference.
Ultimately it may have to be
hammered out at a higher
level-possibly at the May
summit conference in Paris.
The Russian proposal could
be regarded as a wedge-driving
operation aimed at separating
the British and American dele
cations, which have worked to-
gether carefully since the talks
began october 81, 1858.
British officials have limited
privately for some time that a
partial treaty with a simul-
taneous moratorium on small
underground blasts might be
the way to get the conference
out of its maze of disagree
mentS. Now Mr.. Tsarapkin has
picked up this idea.
Up to now. at least, the
United States has regarded
with suspicion any nucleal
promises which cannot be
policed,
Mr.. Tsarapkin made clear
that the Soviet Union woulc
not accept a partial treaty un.
less the moratorium on under.
ground tests also was accepted
To do so. he said, would be ar
Evening star., 1960-03-20
BY EARL III. VOSS
star Stan Writer

Potential snags in the way
Of West German Chancellor
Konrad Adenauer's propose
for a pre-summit plebiscite II
West Berlin are cropping up a;
reactions from Western capi.
tails accumulate.
American officials, while hav.
ing no objections to the plebis.
cite, want to avoid leaving the
impression the three occupying
powers are organizing and i'm
posing it. Mr. Adenauer sug-
gested that Britain, France and
the United States call for the
vote.
The West Berliners have
conducted their own free elec-
tions for many years, officials
here say. The initiative, it is
felt. should come from the Ger
mans.
West Berlin Mayor Willy
Brandt has said he can arrange
a pre-summit plebiscite If the
three occupying powers want it,
British Reported Cool
The British are reportedly
cool to the Adenauer sugges-
tion because it would tend to
stiffen the Western attitude in
advance of the summit confer
ence and might give the Soviet
bloc the idea the West intends
to be too rigid on Berlin.
Those who heard Mr.. Aden-
auer make his proposal at the
National Press Club last week
suspect this was exactly the
Adenauer purpose.
American officials say the
Chancellor's proposal would
not cut across any other plans
the West is developing for the
May summit session.
Which particular proposals
will be selected out of the mass
Evening star., 1960-03-20
BOLIVIA

Continued From First Page
Of Bolivia's economic chaos
since he took Office in 1856.
The candidates. Victor Paz
EStenssoro Of the National Rev.
olutionary Movement (MNR)
and Walter Guevara, who heads
a splinter of the MNR. called
on their followers to help put
down the rebellion.
The government radio called
on the peoples militia, estab-
liShed in 1882 as an arm of
the MNR. to seal of all streets
Evening star., 1960-03-20

letter saying that the imposi-
ton Of q jail sentence, no mat
ter how mild, was regarded by
the Chinese as o serious loss of
Evening star., 1960-03-20
face

Mr.. Chang Is q son of Ma.
tionalist China's 1t. Gen. Chi.
ang Ching-kuo.
Evening star., 1960-04-14

decline and rose almost a year
before business revived.
In 1857, stocks and business
dropped together.
In 1858, stocks led the busi-
ness rise by four to five months.
The timing is extremely vari-
able, the Morgan Guaranty en-
phasizes. "A businessman who
is trying to gauge the near
term business future as a guide
to his own planning is not
helped much by being told that
an upturn or downturn in the
stock market probably indi-
Gates a similar movement in
general business at some un-
specified future date. Yet this
is all that the record warrants
assuming"
Hasn't the 1860 stock market
drop any meaning then? OF
course it has meaning. 1t has
certainly reflected easing in in
flation fears, it has certainly
been a SOLDERING force in the
entire economy.
But anyone interpreting the
1860 stock market drop as a
forecaster of business is using
at best a hazardous" and at
worst a grossly misleading"
device.
Distributed 1860 by The Hall svndi-
cate, Inc. All Rights Reserved