davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-08-11
1TomorroW's Investors

The New York Stock Exchange, ex-
pioring the identity and characteristics
OF "the investors of tomorrow" estimates
that there are approximately Is million
Americans ION the threshold" of acquir-
ing through purchase of common stocks
an ownership interest in business and
industry Of the Nation. Almost as many
already have such participation, num-
Der that is virtually double the total of
common stock owners found in a 1852
survey.
There are numerous reasons for this
growing awareneSS Of stock ownership
as desirable part of an individuals
personal financial program. In recent
years OF generally rising market there
has, no doubt, been some get-rich-quick
temptation. Much of this, of course, has
resulted more in speculation than in
investment. Fear of imitation likewise
has prompted common stock buying as
a hedge against further depreciation of
the dollar or of fixed investments. At
the same time, the rising level Of per-
Sonal income and growing realization
that owning stocks compliments savings
accounts and insurance as part Of a
family program have drawn many in
dividuals into such investments. The
growth of mutual funds and the in
creased number of company plans for
stock purchases have helped to make
such investing easier than ever before.
In any case, the trend is one of
potential Importance to more than the
individuals or to the securities markets.
1t is providing needed capital for the
growth Of our entire economy, and it is
encouraging that the analysis by the
New York Exchange shows that the ma
jority Of "tomorrow's investors" are rel
atively young (averaging 38), educated
and already have demonstrated pru-
dence in the management OF their flnan-
cial affairs. Their participation in the
ownership Of American industry will add
more than dollars to the strength of the
capitalist system.
Evening star., 1960-08-11
Coveot for the KremIin

In all probability, the Kremlin real
ICES that the politicking distractions and
partisan divisions of our presidential
campaign do not diminish our country's
ability to act swiftly and decisively in
relation to urgent issues or critical de-
velopments in the field of foreign policy.
Nevertheless, although Nikita Khru-
shchev and his colleagues appear to be
good students of our political and gov
ernmental system, this particular aspect
OF 1t conceivably may not be as clear to
them as 1t should be. Accordingly, Sec
retary OF State Herter has done well in
calling special attention to it-their
attention, and also the attention Of any
others overseas, including allies, friends
and "neutraliSts," who may be laboring
under the impression that our quadren-
nial electioneering extravaganza tends
to immobilize the United States in inter-
national affairs.
AS to that, speaking at his news
conference the other day, Mr.. Herter
has cleared the air with the following
words: "An illusion is current in some
quarters abroad that in foreign policy
the United States becomes paralyzed or
semi-paralyzed during a presidential
election period. 1t is well that our
friends and our opponents should fully
realize that nothing could be further
from the truth. The United States-the
President-can act just as quickly and
forcefully during this election period as
at any other time. Our allies and
nfhnr a ffAFNc aR fhA RNA
assured that when action is necessary
1t will be taken. Our opponents should
take warning that the American Gov
ernment and people can move with
speed, force and unity during this period
just as at any other time"
Further, citing numerous major
American international moves during
past presidential campaigns (such as the
1S48 Berlin airlift and the 1855 action in
relation to the Suez crisis), Mr.. Herter
has emphasized fact about our country
that ought not to be belittled either in
Moscow or in any other capital on our
tense and troubled globe. The fact is
simply this: To-day our two major
political parties are united in work.
ing wholeheartedly with our friends
throughout the world and in showing a
common and resolute front to opponents
who seek to destroy our way of life"
To repeat, the probability is that
Mr.. KhruShchev and the Kremlin as a
whole are we'll aware Of all this. Even
so, on the chance that they may not be
suf1ciently aware of it, Secretary Herter
has given voice to a timely caveat de-
signed to put them on guard against
miscalculations of sort that could have
the most catastrophe consequences in
terms of the life of the world.
Evening star., 1960-08-11
Short Session Politics

The Republican effort to force
vote on two civil rights measures at this
poSt-convention session of Congress was
politically -motiyated gesture, and the
Senate was justified in turning it back
by 81 to % vote.
There Is no need to probe for the
Republican purpose. They know that
the civil rights measures, If called up,
would split the Democrats, provoke
fllibuSter, and thereby, in theory at least,
attract Negro voters to the G. o. P.
ticket in November. This is a form of
bare-knuckle politics which is practiced
by both parties as occasion arises, and
which has become more or less an ac-
cepted technique in American politics.
1t ought to- be recognized for what 1t is,
however, and treated accordingly.
The Democrats, led by their national
candidates, Senators Kennedy and john
son, say they are against any attempt
at civil rights action now because they
want to get on with the real business of
this SesSion-Several pending appropria-
ton bills, the minimum wage bill, medi-
cal care for the aged an omnibus hous-
ing bill and aid to education. This can
be taken with several grains Of salt. For,
first, what really moved them is the pros
pect Of Democratic filibuster. And,
second, their concern for the measures
enumerated certainly is not divorced
from the vote-getting urge
In our opinion, it would be consid-
erably less than a national disaster if
these must" items, the appropriation
bills excepted, should be passed over at
this session. They ought to receive much
more careful consideration than can
possibly be given them between now and
Labor Day, and some or all Of them
could well go over until the new Congress
meets in January. If this short session
Is to take any action, however, it ought
to be confined to the area Of these meas
ures. 1t would be senseless at this stage
OF the game to tie up the Senate in
filibuster.
Evening star., 1960-08-11

hands. They take drudgery,
as the old phrase had it, on
the backs of men and women,
but they also dramatically
and, at times frighteningly,
reduce the number of jobs.
Thus, we read in Mr..
Reuther's memo that total
full-time employment for the
first six months of 1860 was
100000 less than it was in
the corresponding months Of
1857. Most Of these, because
Of age, cannot be relocated"
or trained for other work.
They will remain q problem.
Mr.. Reuther is politically
partisan, and in his memo
randum he pinpointed what
has happened to the Negro
worker. He said that the June,
1860, unemployment rate
was SIS per cent Of the white
labor force, but amounted to
10.6 per cent Of the non-white
force. There is, Of course.
an explanation for this. The
Negro, through no fault Of
his own, has had less educa-
tional and job training op-
portunities. He has. through
the years, provided a sub
stantial percentage Of the
unSkilled and SemiSkilled
labor force.
Muscle Workers
1t is precisely this group
which is being rapidly dis
placed by machines. In
warehouses, for example, a
disturbing story could be OBJ
tanned and written by deter
mining just how many muscle
workers have been displaced
by the various types Of fork
lifts. AS one tractor can do
the work of seven mules, one
modern fork-lift can do the
work of perhaps a dozen men
using crowbars. skids. chain
hoists, and old fashioned
muscle effort.
Mechanization crops up in
odd places. Electronics, which
pop out too dark potato
chips, has displaced literally
hundreds Of elderly women
who once sat by the conveyor
belt and picked them out by
hand. Machines, not hands,
now make peanut butter,
cracker sandwiches. Automa-
ton is by no means confined
to steel, automobiles, textiles.
ct cetera.
This is why the voices from
the partisan podiumS at Chi
cago did their party and the
country a disService by
painting an untrue economic
picture
1t is typical of Walter
Reuther that he should be
the first to come forward
with the deeper facts and
employ them for counter
partisan effect.
Evening star., 1960-08-11
Still lime for Fair Play

PRESIDENT Eisenhower properly in
cluded among urgent items of unfin-
1shed legislation the House approved bill
to rectify an injustice done 114,000
veteran officers and men of the armed
services. This bill would abolish the So
called inferior retired list," to which
those retired prior to enactment of the
1858 Military Pay Act were relegated and
thus unfairly deprived of full retirement
pay benefits of that act Many of these
retirees were outstanding combat men
of World War II, decorated for bravery
in action,
In the name of economy, Congress
ill-advisedly restricted all personnel
retired prior to enactment of the pay
law to 6 per cent increase, whereas
omcers and men retired after the arbi-
trary cutoff date were given much
larger pay raise, based proportionately
on the active-duty pay scales. The latter
formula for adjusting retired pay to ac-
tive duty pay had been in effect for a
century. The 1858 departure from ira
dition has caused widespread conster-
nation among those now in the services,
who fear that similar injusticeS may
develop in the future.
The House unanimously voted to
equalize the pay of all retired officers
and men, but no action has been taken
on the Senate side. The bill is pending
before the Stennis subcommittee of the
Senate Armed Services Committee 1t
has been reported that the subcommittee
favors review of the whole system of
Evening star., 1960-08-11
THE PASSING SCENE
By RALPH McGiLL
Walter Reuther's Economic Report

Walter Reuther's pro-
nouncements usually have
the taste Of unfiavored castor
oil. But more often than not
they are good for the health Of
our national. understanding.
Such o one was his eco-
nomic report recently placed
in Senator Kennedy's hands.
It Is uncomfortable. -.
President Eisenhower made
an eloquent, partisan defense
of his administration before
the @. o. p. convention. But
he and other speakers could
have been more factual with
out doing their cause any
-long-range harm. BY repeat
edly asserting that everything
is better than it ever has
been, that employment is
higher than ever, and that
there is no cause for worry,
there was created O miasma
Of contradiction which has
blurred the reality which,
soon or late. we must face.
Mr.. Reuther generally is
substantially underestimated
by those who have an almost
instructive and compulsive
dislike Of him. This Is a pity,
Because Mr.. Reuther is as
coldly Intellectual, calculat-
ing and able as nominees
Kennedy or Nixon. (This is a
fact which they, incidentally.
fully appreciated The UAW
President has an uncomfort-
able habit Of being right. He
long ago gave to the labor
movement the benefits of
Q highly educated staff Of
specialists, including some
very bright economists. This
fact has been one of the
major factors in the ad-
vances by organized labor,
especially in the mass pro-
duction field. Mr.. Reuther'S
negotiators never appeared
unprepared with the statis-
tical facts Of life.
Nagging Problem
Mr.. Reuther's economic
analysis, given in person to
Senator Kennedy, noted there
were a. million unemployed
in June. But, he emphasized,
there were 80 million work.
ing part time, some as little
as q day per week.
Thus, in round numbers,
the total Of unemployed, in
terms of making a living
wage. jumps to about 7.3
million. And that is quite a
different picture. It erases the
about normal figure Of four
million and puts in its place
a nagging problem. Since his
document was delivered there
have been other layoffs in
industries, chiefly those where
machines and mechanical
equipment are replacin 6
Evening star., 1960-08-11

military retirement benefits. Such a
review may be desirable, but there is no
good reason why the inequity of the 1858
act should not be rectifled in the mean
time. There is yet time for the Senate
to assure fair play for the men stigma
tized by the act as unworthy of the full
increases awarded fellow officers who
have retired since 1858.
Evening star., 1960-08-11
VISTAS IN SCIENCE
Proqress Report on Cancer Research
By THOMAS r. HENRY

eploemlc nemorrnaglc 1eVer
show the frequency with
which agents may be recov-
cred that are not of etiolog-
ical significance in the dis
eases under study.
Application of diagnostic
criteria revealed the irrele-
vancy of the extraneouS
isolates. Either the patients
developed no antibodies
against the isolate or, II anti
bodies were present. they did
not increase during the dis
ease"
Discovery Of a virus which
can unquestionably be asso-
ciated with some type Of
cancer, 1t was stressed, will
not mean that it applies to
other kinds of cancers. Diff
ferent viruses or totally
different causes may be to
blame.
Once a virus was found it
might well be eliminated by
anti-body shots or it might be
prevented from getting a foot
hold in the body at all by
some form Of vaccination.
= = y
A newly recognized disease
Of children, which seems to
run In families and results in
failure to grow, weak muscles
and usually early death, now
is being investigated inten-
sively at the National Cancer
Institute of the Public Health
Service.
This malady is amino
aciduria. It is an apparent
inability of the body to COM
bine amino acids in the food
into proteins. These nitrogen
containing acids are the
building stones of proteins
which in turn are the build
ing stones of muscles, glands
and about everything else In
the body except fat and
bones. Instead they are
excreted in greatly abnormal
amounts.
Typical Case Described
AS yet there are few clues.
The institute thus describes
a typical case, that Of q 12-
year old boy:
He developed normally
until a year and a half old
when his growth and weight
gain decreased markedly. His
weight at the time Of these
studies was in the third per-
GENTLE for his age-that is,
81 per cent of all boys Of the
same age are taller and
heavier. He has shown on
repeated examinations nor
NAL liver function and nor
NAL carbohydrate, calcium
and PHOSPHORUS metabolism.
These observations have
led us to rule out many
known disturbances involv-
ing amino acid metabolism.
Both the boy and his brother
excrete daily from five to 20
times normal quantities Of
amino acids. There were
15-to-20-fold increases in
the excretion of some and
less striking excesses Of
others. A brother and a sis
ter with the same syndron1e
died at ages of 7 and 8,
respectively"
The report stresses, how
ever, that other members Of
the family have shown ex-
cessive amino acid excretion
but have enjoyed normal
growth.
Evening star., 1960-08-11

Of isolating Q cancer virus"
This is the opinion Of one
Of the Nations foremost ex-
perts, DR.. Joseph z. Smadel,
director Of research Of the
National Institutes Of Health
of the Public Health Service.
This probably would be one
of the greatest breakthroughs
in the history Of medicine.
Research has been spurred
greatly. DIR. Smadel points
out, by recent finding Of vi
ruseS which cause malignant
tumors in mice and other
rodents, and in chickens.
Investigations in the past.
DR.. Smadel says. may have
been misled by the apparent
fact that the beSt-known
diseases known to be due to
these invisibly minute, living
infectiye particles, such as
smallpox and measles. al
ways appear fully developed
while the onset and develop
ment of cancer is gradual.
This idea. he says, lately has
gone by the board with study
Of other viruses which may
affect some persons and not
others. and which may lie
dorm ant in the body for
years before causing any
noticeable symptoms. These
actually include the major
ity Of now-known viral dis
eases. Meanwhile enormous
progress has been made in
iSolating more and more vi
ruses with newly developed
techniques.
Tenement Area Surveyed
One great impetus has
come from isolation Of the
so called "paloma virus"
which has been demonstrated
almost indubitably as the
cause Of malignant tumors in
rats and other rodents.
Public Health Service in
veStigators have just carried
out an intensive survey in
rat-infested tenement sec
tions of Harlem. in co-opera-
ton with the city health and
sanitation department in an
effort to determine the pat
tern of spread and whether
the agent may not be carried
from tenement to tenement
by some insect. AS yet find
ings are inconclusive.
Il view the problem of the
viral etiology of human can
Ger with hope and enthusi-
asm," DR.. Smadel says. II
have confidence that inves-
tigators in this field will at
tain the same success they
have had in their research
on the classical viral infec-
tions in man.
"One would hope that ap-
plication Of the old, new and
vet to be developed isolation
techniques would yield viral
agents from human cancers.
Encouragement will certainly
be given to those who try this
approach.
But along with encour-
agement should go a word
Of caution since these ap-
proaches undoubtedly will
yield numerous agents which
will be etiologically unrelated
to human cancer even though
they may have been present
in the patient. The persist
ent efforts over the years to
propagate in the laboratory
the viruses Of hepatitis and
The coastland times with which is combined the pilot and herald of Belhaven and Swan Quarter. [volume] (Manteo, N.C.) 1959-1973, 1960-10-21
COURT HELD
IN HYDE LAST WEEK

A term of Superior Court was
held for the County of Hyde dur
ing the week of October 10. Judge
K. A. Pittman of Snow Hill pre-
siding. Mrs. Virginia Bum of
Wake Forest was Court Stenogra-
pher.
Members of the Grand Jury were
Foreman, William Harvey Cox;
officer of Grand Jury, Fred A. Ma
son. Others were: Charlie E. Swim
dell, Lindsay M. Gibbs, William G.
Marshall, ST., Woodrow Spencer,
Archie L. Spencer, Edmund Gibbs,
Ernest Mooney, Archie d. Gar
IRISH, Clarence Dunbar, John Brick
house, Albin Mckinney, Leland
Gibbs, James Hodges, Edison
Brickhouse, Albert Rice, Carney B.
Brown, C. A. Babb, Preston E.
Simmons. The Grand Jury reported
the Jail and school buses were
found in good condition.
The coastland times with which is combined the pilot and herald of Belhaven and Swan Quarter. [volume] (Manteo, N.C.) 1959-1973, 1960-10-21
TWO HUNTERS LOST
ON INLAND WATERWAY
IN HYDE SATURDAY

COLUMBIA. - An all-ni e h
search for two Durham hunters
lost along the Inland Waterway in
the Hyde-Tvrrell area resulted in
finding their boat "a shot gun and
floating life preservers.
The two men Sam Ellis, 81, and
Jim Jackson, SO. members of a
hunting party from Durham, who
camped on the Hyde County end
of the Inland Waterway Bridge
near Fairfield were last seen at
s p.m. Saturday. said J. H. Withers
of the N. C. Highway Patrol.
Withers said he was called in on
the search about 1890 pm. Satur-
day night, and that Sheriff Char
lie Cahoon, of Hyde County and
]. L. Poston, Tyrrell County Of
ficer were the other officers in
charge. The Coast Guard was call
ed into take over the search at
daylight. They were still dragging
the canal for the bodies which had
not been found at shutdown Sun
day, E. L. Mosley, District Wildlife
Protector said. Wives of the two
missing men had come to the scene
before he left, Mosley added.
The bodies Of the two men were
found Tuesday floating in the wa
ter near the spot where the boat
was found.
The coastland times with which is combined the pilot and herald of Belhaven and Swan Quarter. [volume] (Manteo, N.C.) 1959-1973, 1960-10-21
UNCLE DOCK FROM DUCK WRITES:
How Foolish To Think Of Drifting Away
From Those Who Have Helped Us All

little Island which we rescued
from Spain and put on its feet,
and for more than sixty years it
has been supported by investment
of American money. Now we sit
still and let Castro insult US and
take over all the American prop
erty in Cuba. Do you think we
should praise any sort of Repub-
lican administration that will al
low this to happen?
In the past eight years, we
have fallen so low that no coun-
try in the world, and most of
them we have fed, shows US any
respect, and really who can blame
them? We have fed them and not
required repayment; we have al
lowed all their scum to come to
this country and we have filled
their bellies, rolled out the red
carpet and treated them like
lords; we have seen during the
past month Russia's ruler living
in New York and constantly ut
tering insults to our officials and
our country every day for a
month.
Mr.. Editor, no church grows
strong if it has members who
knock it all the time, or fail to
contribute either time, work or
money to keep it going. No ball
team can be a winner if it has
men on it who are not with it
in heart. To have a strong par
ty, we must have people who
work, and we must reward those
who work if they need rewards.
The jobs ought to go to the work
ers, for only from those willing
to work will we get square deal
in Government.
Our party has gone down hill
because we didn't reward the
workers. We gave too many jobs
to loafers and relatives and out
See DOCK, Page Seven
The coastland times with which is combined the pilot and herald of Belhaven and Swan Quarter. [volume] (Manteo, N.C.) 1959-1973, 1960-10-21
NEAR $4,000 APPROVED
SMALL BUSINESS LOANS

C. R. Shaw, Manager of the New
Bern Disaster Field Office of the
Small Business Administration,
announced this week the approval
of thirteen (13) Business Loans,
totaling $84, 725, and two (2) Home
Loans to home owners, totaling
$2,625. These loans were made for
the purpose of rehabilitating vic
ms who suffered damage from
Hurricane Donna on September
12.
Mr.. Shaw, stated yesterday that
a representative would be in Man
teo at the Bank of Manteo on
Wednesday, Oct. &c, 8 am. to l
PM, to assist others who may
wish to apply for loans.
Mr.. Shaw stated that a total of
"a applications had been received
to date, and were being processed
as quickly as possible. He en-
phasized that the closing date of
the temporary New Bern Disaster
Field Office would be announced
shortly, and urged that all persons
that are interested in loans to re-
pair damaged property, to contact
the office as soon as possible. The
address is-608 Broad Street, New
Bern, - Telephone - MELrose
5000.
The coastland times with which is combined the pilot and herald of Belhaven and Swan Quarter. [volume] (Manteo, N.C.) 1959-1973, 1960-10-21
TOURIST BUREAU
ANNUAL MEETING
ON OCTOBER ~

Merrill Evans, longtime friend
of the Dare Coast-Outer Banks re-
gion during his public life as state
senator and state highway COM
missioner will deliver the principal
address at the annual banquet
meeting of the Dare County Tour
list Bureau, Ralph Swain, chairman
of the Bureaus board of directors
advises.
Swain will preside at the banquet
meeting which will feature a choice
of baked ham or chicken plus all
the trimmings for a meal that has
won acclaim for Mrs. OWENS Res
taurant.
The banquet will begin at $50
o'clock on Saturday evening, Ccto-
Der 90 and in charge of ticket sales
are: Mrs. Margaret Davis of Kitty
Hawk, Mrs. Elnora Preston of
Mays Head, Ralph Swain and the
Tourist Bureau office, Manteo, Bill
Dillon, Buxton and Scotty Gibson,
Hatteras. Persons from Hatteras
attending the banquet will be over
night guests of hotels or motels
on the beach which have offered
accommodations at no cost to the
visitors who will be unable to re-
turn home Saturday evening.
Merrill Evans who will deliver
the principal address is native
of Currituck County who has been
making his home in Ahoskie for
many years. A former state sena-
tor and member of the State High
way and Public Works Commits
sion, Evans is a gifted speaker
who is always in demand by civic
organizations for speeches.
There will be accommodations at
Owens Restaurant for upward of
100 persons and 1--WE are expect
ing a big turn out on this coca
sion," Chairman Swain stated.