davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-02-07
.

on resale value, too. So
please change your mind!
Copyright, 1860, Dorothy DraperO
BE Your Own Decorator, q
fascinating ond most informative
booklet by Dorothy Droper, is ayoil-
obIe to readers Of The Stor. Send
IS cents in coin and your name and
oddress printed, core Of The Eve
ming Stor. Mrs. Draper cannot
onswer personal moiI, but will use
questions Of widest general oppeol
in her column.
Evening star., 1960-02-07

easier to keep clean. Brass
was everywhere on handles,
trims, etc.
Drawer space has changed.
Today it is many shallow
drawers instead Of the deep
er drawers of yesterday.
=
Mrs. c. r. C. asks;
I'm my living room I have
a brown rug, brown sofa,
two green chairs and white
Evening star., 1960-02-07
Ask DOROTHY
DRAPER
Less Bulky Furniture
Is the New Trend

have just come from visiting the January ex-
hibt at the Merchandise and Furniture Mart in
Chicago. The new trend seems to be for less bulky
furniture for slim elegance combined with comfort.
The colorS are still very fresh clear and crisp
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1960-06-02

q When Carl Sandburg came out
10 Minnesota TO attend the ded-
ic0fion of the high school they
had named for him, two thou
sand people crowded into the
new auditorium 10 hear him
speak. They rose in spontaneous
respect as he entered, "awed." as
one of them reported. in the
presence of world-recOgnized
greatness"
He discussed learning and pO-
efry and read from the address
on Lincoln which he had given
to a joint session of Congress
on February I2fh, I95o-fhe
greatest moment in my life" The
audience listened, hardly nlOv-
ing. as he spoke, and at the end
he said, Il have deep respect for
your silence and your rever-
ence," and sat down.
His actual dedication was $50
words. In addressing himself 10
the students he seems 10 have
climbed above the immediate
and sometimes frightening con-
Germs of the present. 10 a vantage
point from which he was able.
perhaps, TO see further.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1960-06-02
BY CARL SANDBURG

OD have Time is teacher" and Time
will tell This building tool and instrument breathing
newly life might speak today say
of time celebrate the dignity and pahos time Loving hands
and thoughtful hearts have foundations and walls
they generation living time of world Here
will fresh after another gazing the world
history gazing themselves asking the ancient
on While live what worth looking what worth listening and
what might be worth dying og Here they study the guarded meaning
Lincoln his House Divided speech If could first know where
and whittier tending could better
to do it,"
Always the path American destiny
each and crisis there pay
affirming says Man
changer God made him changer You become the
mankind
have music, instead murder possible That my hope
prayer-or you and for the nation"
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1960-06-02
Cut it with
NWHS5

Nothing trims q hedge like Wiss
Shears. Nine models for every purse
and purpose from $3.50 up. H.
Illustrated: No. 8H-E with hollow
ground blades, built-in shock-ab-
sorber. Lightweight. Price: $685..
Ask for your copy of the authori-
tative wIss PRUNING GUIDE from
your nearest Wiss dealer, or use cou-
pom below to order it direct.
Evening star., 1960-09-08

Mrs. L. Michael Flaherty.
president Of the Northwood
Woman's Club Of silver
Spring, has announced the
groups new committee chair
men for the coming year.
Named division chairmen
are: Mrs. David Sloan, bulle-
tin; Mrs. Rudolph Wrobel.
club calendar; Mrs. Stanley
Kulakowski, publicity; Mrs.
Roger Pasquale, community
affairs; Mrs. Joseph Ciccone.
conservation; Mrs. John
Evening star., 1960-09-08
Northwood Club New Choirnnen Are Named

Mrs. Joseph Gallagher, res
ervations; Mrs. George Gay
lor, telephone. and Mrs. An
thony DeFrank. records.
Appointed as department
chairmen are: Mrs. Douglas
Gardner. American Home;
Mrs. George Bartlett. bowl
ing; Mrs. Russell Chance,
bridge; Mrs. william Pow
ley, couples bridge; Mrs. John
Strieter, fine arts, and Mrs.
Rudolf FREEZER, cookies.
Evening star., 1960-09-08

tional Convention Of the
Catholic Daughters held in
Pittsburgh this summer. She
had served several terms as
the Supreme Vice-Regent.
Miss Elizabeth Henniger,
Grand Regent Of Court 212. is
chairman Of the reception for
Miss Buckley.
Evening star., 1960-09-08

Stone. education; Mrs. WAL
ter Hughes. inter-club coun-
Gil contact: Mrs. Douglas
Meats. international rela-
tions; Mrs. Alfred Shorb,
public affairs, and Mrs. Paul
Murphy, welfare.
Standing committee chair
men include: Mrs. Robert
Wurtz, historian and press
book; Mrs. Charles Conway
and Mrs. Walter DeVaughn,
hospitality; Mrs. Don a | d
Burlington, m m b e r sh ip;
Evening star., 1960-09-08
ENGAGEMENTS
HeinI-Burdick

Col. Robert D. Heinl, jr.,
USMC, and Mrs. Heinl Of
Port-au-Prince, Haiti. an
nounce the engagement Of
their daughter Pamela Cor
don to Mr.. John Robinson
Burdick, son of Mr.. and Mrs.
Robert A. Burdick Of Mill
Neck, Long Island.
Evening star., 1960-09-08
Kerr-Rose

Mr.. and Mrs. Raymond r.
Kerr Of Youngsville, Pa. an
d. nounce the engagement of
their daughter Mary Kathryn
to Mr.. Adrian Rose, son of
Mr.. and Mrs. Francis Rose.
An early october wedding is
planned.
Evening star., 1960-09-08
HoIford-D Delaney

Mr.. and Mrs. James L. Hol-
ford of Silver Spring an
nounce the engagement Of
their daughter Mary Ann to
Mr.. William P. Delaney. son
of Mrs. Ellen M. Delaney
and the late Mr.. John j.
Delaney.
Evening star., 1960-09-08
THE EVENING STAR
Washington, D. c. GA%sa&u-AnH~aA B-9
Thvsdoy September 4, 1860 S~SsSsy saOsuS
Miss Buckley To Be Honored

Miss Margaret j. Buckley,
newly elected Supreme Re-
gent Of the Catholic Daugh-
ters Of America, will be hon.
ored by the members Of Court
212 September IL at their
Club House.
Miss Buckley was elected
Supreme Regent at the Ma
Evening star., 1960-09-08
Furniture
Fourth Floor, Washington Only

Fourth Floor, Washington Only
1885 Kins-size Lounge Choir. roll arm style
with seri-detoched pillow back. Foam rubber
TT" shaped cushion, reversible with zppered
cover, kick PIeot skirted base 77.oo
I-lse.s5 TroditionoI Style Sofo, foam reversible
cushion, foom tufted bock, sem-borreI style; coil
spring bose, spring edge scots, fine patterned
turquoise fobric cover 1890
l-los.ss Kins-Size Roll Back Lowson Lounge
Choir, tufted back, foam rubber IT" shaped
reversible cushion with zippered cover, coil spring
bose kick peot skirted base, gold MoteIIose cover.
$500
l-z5e.s5 Kins-Size TroditionoI Style Soto, coil
spring. 3 section bock rest, foam rubber, re-
versibe cushions, zippered covers, low roll arm
rests. spring edge scot. gold figured MoteIlese
cover ---- -.----------------2oS 10000
4-izs.ss Senior Size 18th Century Styled Mo-
hosony veneered Credenzo Buffets, bronze hard
wore-e drawers, door compartments go. $500
1885 Modern Style Step End TobIe, solid wal
nut, ! drower and lower storage shelf, aluminium
hordwore ..---------- 3497
I-s4.ss Gossip Bench. modern style, lined ook
finish. ChorcooI tweed upholstered seot---zI.47
l-4995 Round Drum Tobe, traditional style, mo-
hogony finish genuine leather top, casters, 34.s7
l-259.s5 2-pe. EorIy American Living Room Set,
2-cushion SOTO and motchine chair, both wing bock
STYLE roll arm foam rubber cushions, SOTO in black
tweed, chair in melon tweed d----------l99.0o
1895 Mohosony Finished Drop Leaf Dining
Tobe, single pedestal Duncan Phyfe bose bronze
Glow feet -Z6.47
l-7sss 7-orower Knee Hole Desk by Williams,
cosuo ook Solid rustic design natural finish, 64.47
Evening star., 1960-09-08
ToddIer Boys 2-pe.
Short Pants Suits

Boxer style short pants and long sleeve cotton
knit polo shirts. Snop Fastened at neck Some
with suspenders. Solids and fancy WAk
prints. Sizes !, 2, 3-------- MOO0
Crib and crowI Sets corduroy crowers, top
and Plastic lined. Romper ponties. Red or blue
M, L, XL. Moy be worn as dioper set q MM
or butcher set. Formerly 4.99---- SOM82
Evening star., 1960-09-08
TOYS-h PRICE
Fourth Floor, Washington Only

Fourth Floor washington Only
I-s.sS Send Box with adjustable canopy. 4.4s
s-l4.s4 Punching Bags on stond -e.es
g. 3.ss EoseI style Block Boards sl.o9
l-ls.95 TobIe end Choir Set s.47
l-2I.ss TobIe and Choir Set
2-54.ss I2x24' Wadins Pool z7.4s
Iz-l7.ss s'x2o' Wodins Pool --s.se
z-24.ss Io'xzo' Wsdins Pool ------l2.4e
q s.9s Pool Vacuum cIeoner 4.4s
l-l6.oS Aluminium Pool .Lodder s.49
l-is.ss Doll corriose ---- s.4e
l-lz.es Doll couiose --- $40
l-lo.ss Block Boston style Rocker -- $40
1888 Pool TobIe Floor sompIe) I4.se
I-ls.ss Pool TobIe Floor SompIe) - e.4s
Evening star., 1960-09-08
Boys Weal.

Second Floor, Washington; Street Floor. Arlington
Evening star., 1960-09-08
Hosiery

HUSGCEy
Street Floor, Both Stores
IrresuIors Of 100 NyIons. Fot knit and micro
mesh styles. lmperfectons ore slight. Good foil
shodes. 8k to 59c
Misses Bobby Socks. Triple roll white cottons
with nyIon reinforced toe and heel to !
3 for 100
Street Floor. Washington Only
200 prs. Perfect QuoIity NyIons. Full fashioned
styles. Broken sizes ------- 5se
It's prs. First Quoty Nylons size va only s9e
Reg. 100 Knee High NyIon. broken sizes
z for 100
SiIVeraU0re
Street Floor, Washington Only
$1,000 Sterling Silver Tablespoons. 3 pierced.
plain 500
plus tar
3-l3.5o Sterling Silver Gravy LodIes-
plus tar
2oo-lse Silver pIoted Ice Teaspoons ------l4e
Evening star., 1960-09-08

Sec 59e TO e9e Femous Moke Terry Hand Towels
from Womsutto, Common and Mortex mills. I'M
perfeetons ore slight. Some z 81, QQk
prints Both Stores ----- y TOT 00'
Soiled Blankets. Wonderful values in olIwool and
6IC,iis 6sHds e. aotR Roye~ 9to,.s and AeFon off
Sec 4.5e Common Tempo" Stripe Sheets, Blk
lo8-in. double size. Horizontal striped
border on beige, yellow, green, oquo ~"
or pink solid sheet Washington only.
Evening star., 1960-09-08

cIeoronee! Cotton Scatter Rugs. Sizes ronee
from contour both nnots to 24x7o" runners.
Assorted colors and "a.
patterns. Both stores. 88e to .99
2ee TO 39c Common Wosheoths Loroe selection
Of medium weight cloths in os-
sorted potterns and coIors. All +" 100
First quality. Both Stores
s.se Hend-cutwork TsbIe Sets. 5ox
10" cotton cloth with six napkins. .3V
White. First QuoIity. Washington Only.
Evening star., 1960-09-08
Girls Wear

Second Floor, Both Stores
3.ss Bouffont NyIon Net and Lace Slips. White.
Size Ia only
Evening star., 1960-09-08
oWELS, SHEETS, BLANKETS ETC.

See. 4.ss and 5.s5 WemsuttG oebueoIe "FloraI
Plaid" Sheets, 72xl08" or 8lxl05." Slight
nisprints Asstd coors. Sec Pillow - $R
Coses 86c Washington Only. - -
Sec. 2.59 to 2.ss Cannon and
Poeific Cotton Pereole Sheets.
| Tiki 08" or twin fitted, or over 86 a@3
! fine conbed yarns per square inch
Sec. Slxio8" or Double Fitted Size. N nm
| Both Stores mo1V
Evening star., 1960-09-08

Use os portable crib or deluxe trovel bed,
indoors or out 1885,. Folds for storage.
TeIescopno legs, chrome tubular frame,
washable Kontwet pad. Some with half
screened body. Assorted colors.
Fourth Floor, Washington;
Lower Level, Arlington
Evening star., 1960-09-08
Last Year 1923 Kantwet
Trov-L-Cribs
S.9q

0e22
Use os O portable crib or deluxe troveI bed, |
indoors out. 1885,. Folds for storage.
Telescopino legs, chrome tubular frame,
washable Kontwet pad. Some with hoIf-
screened body. Assorted coIors.
Fourth Floor, Washington;
Lower Level, Arlington
Foundations
Second Floor. Washington Only
e-s.ss White NyIon corseIettss, size IS only
4.9e
I-l6.s5 LiIyette Torso-Bros with pettieoot ot-
toehed. White 32B -s99
$4,000 Lody MerIens TorsoIsttes, white and
black. 32B and
'-'-''''"' ~'''''''' ''' 4.os
5o-Bros and GirdIes. Broken sizes - 100
Daytime Dresses
Second Floor Both Stores
Reg. s.ss and 4.ss Cotton Denim Beck Wrops,
Jump suite and Cuiottes and dresses 100
NeCkGtCe01T
Street Floor, Both Stores
3.99 Dressy and Casual BIouses
Short or three -quorter sleeves assorted pIotterne
nsckIines All cotton, Doeron poIyester . "a
and cotton in solids and prints. 32-38. Aoz1
5.99 Cotton Print Jockets
SNORT chanel styles with three -quorter sleeves.
Also cotton and royon lined iockets q @@
in solids and checks. S, m. So13
BeIow-street Floor, Washington Only
l.o9 and 2.99 SompIe Neekweor
White cotton pique and nyIon collars 4 m
and films Embroidery and lace trims. HoVV
59e COSTUME FLOWERS
smart assortment of eoIorfu
costume flowers, clusters and for 90
pnons
Upholstery
Third Floor, Washington Only
Imported Shoji Shutters
Eoch panel regularly | .49 to 27e Standard sizes
Delicate oriental feeling, Ieoves and butterflies
on translucent ponels OF To- Y%& al
minated grained posc. AS" MOS1
Doeron Tier and VoIonee Sets
Comparable value 4e8 Fine quoIity Docron poly
ester Deep 9" ruffle on tier = no
Matching de luxe voIonee All SO2O ser
36" long.
1913 to 2.99 Dropery Fobries
Limited quantities reduced from stock. includes
modern prints, fotols and solids in novelty royons,
antique sotns fortsons Full and q m 49,,
short bolts. boVV ~
3o-3.sS Intrigue Cote Curtains. Solids. 36"
voIonce. All 36" long 80 pr.
4o-3.es Cling Fit Doeron PoIyesteF and Cotton
Throws by Comfy 60x72" assorted coIors, 2.59
50 yds. Upholstery Plastic. Turquoise and blue
59e yd.
l7-4.4s Extro-Wids Doeron PoIyester ToiIored
curtoins. 54" long Z.49 pr.
27-4.4o Kenneth Fbersos Sheer curtoins,
54" long pr.
Evening star., 1960-09-08
Lingerie
Street Floor, Both Stores
NyIon Trieot Slips

elaborate Ioce and trims. White, block and
coIors. 81 to 40 in the go 7/5OO
group.
Extro Size NyIon Trieot Pettcoots, white 81 SO
BeIow-Woshneton Only
cIeoronee! Cotton and NyIon SIeepweoF Broken
cIeoronee! Shodow Ponel Slips. Docron, poIyester,
cotton and nyIon- Z for 500
Evening star., 1960-09-08
CONtS--SeGitS

Second Floor, Washington Only
Misses, Juniors and Women's 1913 to 1898
Suits in solids and prints VI off
Misses 1898 to 1923 Summer Toppers in os-
sorted coIors. 8 to l6 $50
Evening star., 1960-09-08

Sec. 3.39 to 3.7s Common coloFed Pereole Sheets.
Choice Of 72xlo8," Tiki 81; twin double
bottom fitted. Aquo pink, moize,
blue, ereen Broken assortment. hs9z
Washington Only.
Sec. 2.s8 Cotton Filled Mettress Pads, twin size.
Specially priced because Of snolI oil stoins or
stitching. Some with anchor bonds. Sec.
double size. 2.99 Both stores. @@
3.99 Royen and Cotton Demask Sets,
6Oxo0," with napkins. Reduced from M
stock. White only. Washington Only. s1
Evening star., 1960-09-07

in the managers Office at Ma
tional Theater.
He subsequently became pubs
licity director for such organ-
izations as the National SYM
| phony Orchestra, the Ballet
Theater and the Atlantic City
Playhouse (Which had its first
successful season in 20 years
under his reign. He served in
the same capacity for two years
with the New Gayety Theater,
later the Shubert.
Book Writing interrupted
Mr.. Kirkpatrick was working
on a book recalling his cxper-
fences with the Ballet Theater
when Edward Plohn. then man.
ager of the National, asked him
to step in as assistant manager
in 1852.
He did so out of friendship
for Mr.. Plohn, who subse-
quently resigned because Of i'll
health. Mr.. kirkpatrick was
thereupon appointed manager,
and has served in that post
since 1858.
Unmarried, a District resi-
dent and an unashamed fan of
the theater, he is regretful of
only one thing in his career.
Il never got to finish that
book" he noted with a smile,
land the way things are going
now, it will be a long while
until I get a chance again."
Evening star., 1960-09-07
YOUR
MONEYS WORTH
Missinu: Economic Excess
BY SYLVIA PORTER

men have been holding down
their buying and they've slashed
their inventories of steel.
There are many explanations
the obvious capacity of indus
try to produce what is needed,
the stability of prices, the fierce
competition from imports. the
high cost of borrowing to carry
extra supplies = but the key
point is that since there has
been no scramble to load up on
inventories this time. there
should be no scramble to un-
load them. The same goes for
business spending on plants
and equipment. While tn S
spending is running well ahead
of 1885 level, there has been
no spectacular climb.
(2) Consumer spending has
been moderate all along.
We've been spending freely
but have hardly been on any
splurge comparable to our auto
buying spree in 1864 spree
that paved the way for the
1888 decline. We've been
building up our installment
debts, but there has been no
major liberalization of lending
terms as in 1886, The rise
in spending hasn't kept pace
Evening star., 1960-09-07
CHICAGO
LIVESTOCK

CHICAGO. Sept. z. tAP) II (USDAl-
Hogs 5000: slow, butchers weighing
under go lbs steady to weak: weights
over 220 lbs fully steady: sows steady
to mostly % higher; fair shipping
demand; CLEARANCE fair fairly complete;
and mixed Ia sso-s7o lbs 1850
1875; sixty-two head mostly is 2l7 lb
butchers promising high yield of
primal cut 1900: mixed 1-3 200-22U
lbs and mixed 2-3 20O-270 ID butchers
I6:25-11e.59: mixxed i-3 10000 lb
and mixed 2-3 3Oo-400 Id sows 13. IS
1925 mixed grade 2-3 and 3s 400
$50 lbs 12.75-14.OO.
Cattle 1900: calves 100: slaughter
steers steady to 80 lower he, hsifers
25 lower: bulls fully so higher; vealers
load prime 1,15O lb steers 2725: two
loads mostly prime 1,20O lbs 300:
load lots high choice and mixed choice
and prime 2550-26. 15 good to aver
age choice .25o25. 90: most average
choice ,25.00-25.5 50: q few loads choice
and YV good , eSp steers Il 35-9asS: @ 'se good to
high choice heifers 20.50-2475; three
loads mixed choice and prime $500:
most choice heifers 20.50-24.75; three
loads mixed choice and prime $500;
most choice heifers 23.O0 up; few loads
At aFn 3 e59es 5 y tT prme ae6 e6d itsaSssd
heifers. 15.O0-2O.50: utility and COM
mercial COWS 13.25-16.0O: Gamers and
cutters 11.00-15.50, mostly 1900
down: utility and commercial bulls
I6.50-20.00: good and choice vealers
II ~; ;0o-25 ;o0 o eulls down to 100: few
22.75: load medium to good 500 lbs
stock heifers 1878
Evening star., 1960-09-07

money in town for clothes, food
and entertainment"
A busy man whose activities
range from negotiations with
three unions to handling VIP
requests for tickets, Mr.. Kirk
patrick says it is no business
for a man inclined to be nerv-
Gus.
He learned long ago to live
with impossible" situations.
He started as an usher in the
Nationals second balcony in
the late '30s.
He faces irate customers,
fearful actresses and furious
directors alike with courtesy
and calm, although, he hastens
to add, most of his encounters
with the public are pleasant.
Native of Arkansas
Mr.. kirkpatrick is a native
of Mariana, Ark, and still
retains some of the soft, lifting
drawl of his birthplace. AL
though he has always been
interested in the theater, he
decided to enter the business
as a playwright when three
of &as college compositions were
accepted by national magazines.
"I was starting in law" he
recalled. ''but I gave it up when
I saw it was much too dull"
He enrolled in playwriting
course at Catholic University
and was hired as an apprentice
Evening star., 1960-09-07
Ford Studies
eWSmaIICar

DETROIT, Sept. Z (APp.-
Ford Motor Co. reveals it is
giving serious consideration to
producing a car for the do
mestic market which would be
smaller than either of its
compacts. the Falcon and
Comet.
The auto firm also disclosed
that it's German affiliate will
introduce a new car in October.
A Ford spokesman said the
new German car is not being
built specifically for importing
into the United States. He de-
scribed it as a new Ford of
German model"
The statement noted that
Ford imports cars from both its
German and English affiliates
for sale by United States Ford
dealers.
United Auto Workers Local
600 at the Ford Rouge plant IN
suburban Dearborn has claimed
that Ford planned to produce
a smaller car elsewhere for sale
i'm this country. The local
wants any new car to be built
in the United States, insisting
jobs are needed for members
idled through automation.
Evening star., 1960-09-07
Boy ! unneI Unit Gets
S178.148,22o Check

NEW YORK, Sept. Z (AP .
The Chesapeake Bay Bridge
and Tunnel Commission of Vir-
ginia today receives a check
for $178,148,229 to finance con-
struction of a Chesapeake Bay
crossing.
The money represents the
bulk of a 5000 million revenue
bond issue sold last month to
Allen g. Co., Merrill Lynch,
Pierce, Fenner & Smith and
First Boston Co., New York,
and Willis, Kenney & Ayres of
Richmond, Va.
Members of the commission,
headed by Chairman Lucius j.
Kellam. came here to receive
the check!
Mr.. Kellam said that the
commission while here will is
sue an order to start work on
the 17.6-mile long project.
| The builders will be Tide
water Corp. Of Norfolk, Va.
Merritt-C Chapman & Scott
Corp. of New York, Raymond
International, Inc, of New
York and Peter Kiewit Sons
Co., Inc, of Omaha, Nebr.
The completion date has
been set for January /, 1864.
Evening star., 1960-09-07
Ferris Will Lecture
At Alexandria Session

George M. Ferris. jr., man.
aging partner of Ferris & Co..
members of the New York Stock
Exchange, will lecture at the
first two sessions of the third
annual Fall Education Program
Iof the Mount Vernon Bank &
Trust Co., Alexandria. Va. This
is scheduled from 8 to 10 pm.
September 81, % and October
IS at the Fort Buffalo Com
lmunity Room of Woodward &
iLothrop's Seven Corners Store.
Mr.. Ferris will discuss emer-
Igency reserves, different types
Iof securities, mutual funds,
statistical services, various
sources Of advice and the gen.
Ieral economic outlook for the
country. He will explain the
various exchanges and markets.
He also will discuss the import
ance of fitting the financial plan
to the individual and his objec-
tives. Display and exhibit tables
and literature will cover the
various subjects discussed.
Townsend CAST, trust officer
of the Mount Vernon Bank &
Trust Co. will introduce Mr..
Ferris. Charles j. Harnett, vice
president of the bank and
chairman of it's Fall Education
Program Committee, as well as
officers of the banks four
branches will participate in the
program. Ernest S. Corso. New
York Stock Exchange registered
representative with the Ferris
firm, will coordinate the pro-
gram and be master of cere-
monies.
Evening star., 1960-09-07

The most encouraging aspect
about today's uncomfortably
stalled economy is what's miss
ing from it, in the Judgment of
some of the most informed
economists.
What's missing is excess.
And what makes this absent
angle so significant to experts
is that before each of the three
postwar receSsions, excesses
clearly had developed-either
in spending and borrowing by
businessmen or in spending and
borrowing by consumers or in
spending and borrowing by
government or in spending and
borrowing by all three.
Name me an excess that we
now have to, correct by a
downturn" challenged a WASH
ington economist as we debated
the pros and cons of recession
at the Labor Day week end
When admitted I didn't see
any, he went on, that's why ]
can't see the economy sliding.
Were going into the fall sea-
sonal upSwing after months OF
sobriety and stability in the
economy" emphasized another
expert. I'VE have avoided a
boom and, as a result, 1 think
we'll avoid the downturn which
in the past always has followed
a boom"
It's not an angle you'll be
able to trace in any statistic
unless you deliberately search
for it. Here. therefore, is the
way the mo excess and thus no
recession" argument goes.
Cd Business spending has
been moderate all along. .
During each of the past post
war peak years - 1943, 1858
1957-businessmen were loaded
with inventories, and when they
found they were overloaded and
started to cut back, the results
were the recessions of 1919
1854 and 1858. But the inven-
tory boom that was supposed to
follow the 1859 steel strike was
nipped before it got out of the
bud. Throughout 1860 business