davidaulloa/AmericanStories huggingface dataset:
The Farmville herald. (Farmville, Va.) 1957-current, 1961-02-17
Slow Learners

0NCE you fool me, shame on you;
twice you fool me, shame on me-"
This seems to be the sentiment of
Ham, the chimpanizee space hero. When
Tor publicity purposes his handlers tried
TO strap the astro-ape into his space
seat again. Ham refused in no uncertain
terms.
We wish Y. S. foreign policy makers
were equally quick to learn. But after
40 years of invariably painful expert
ences with Reds all over the world, U.
The Farmville herald. (Farmville, Va.) 1957-current, 1961-02-17

What III tsrnatlon IS that
The Australian host smiled. you
mean he asked, you don't have grass
hoppers i'll Texas"
Dothnn (Ter.) Eagle
The Farmville herald. (Farmville, Va.) 1957-current, 1961-02-17

Bible Material: John 10 through
II.
Devotional Reading: Romans 8:
31-19.
The Farmville herald. (Farmville, Va.) 1957-current, 1961-02-17

belong to the home. This condition may
have developed because of the vacuum
caused when families fail in their home
training and duties. Let it be remember
ed that, as valuable as they are, social
community or governmental agencies
can not replace the home successfully.
They may supplement the training nee
essary, and have definite value for
group development, but the home is the
place for basic and fundamental train
ing.
The first step in Communism is to re-
place the home with communal care.
The child is taken away from the home
at an early age and placed in communal
schools. There the doctrine of Commun-
ism is taught, while parents labor for
the Communistic state. Families are to-
gether on week ends only.
Socialistic trends have developed in
the United States during the past forty
years - trends which, in some cases
approach the conditions of communism
Though the individual may apparently
have freedom, his government has as
sumed more and more Of his liberty. His
freedom to travel, to work, to loaf, to
earn, to speak, to petition, have been
curtailed by confiscatory taxes, con-
trolled production, planned initiation,
etc. In many ways individualism has
been submerged by state socialism. Not
all of it may be bad, but it reaches a
point for concern when it STILES individ-
ual initiative and character.
These trends must be arrested. The
balance of the goth century will be need
ed to reverse them, as surely it will.
The time to begin is now, and the person
to begin with is yourself.
Next week the Herald will begin a series of
seven articles. A Business Man Looks at Com
nluniSm. which we hope will stimulate thought
on this subject
The Farmville herald. (Farmville, Va.) 1957-current, 1961-02-17

WARNER & Swasey, Of Cleveland,
Ohio, Manufacturers of precision
machinery, publish advertisements in
national magazines which are more than
advertisements they strike at the heart
of America
A current advertisement is headed,
Something more precious than gold
is flowing out of this country"
Character. integrity. self-reliance - it is
the loss of these American traits that is leav-
ing us more impoverished than the outflow
of gold.
LAS long as Americans earned what they
were paid, produced more for more wages.
saved for their own security. paid their bills
The Farmville herald. (Farmville, Va.) 1957-current, 1961-02-17
FRIDAY, FEBRUARY II, 1861
Something More Than Gold

and demanded others to do the same as
long as Americans acted as Americans. there
was no worry about gold, or balance of pay
ments, or value of the dollar. The dollar was
impregnable because American character was
behind it.
But when the greedy something for-nothing.
the whining somebodyelse not-me selfishness
has sapped American character, American
strength goes out with it. as it always does.
q" 1t is later and worse - than you
think"
Dear Reader, will you please re-read
the message above, close your paper a
few minutes and THINK. The thinking
people of America stop too seldom to
THINK,
The Farmville herald. (Farmville, Va.) 1957-current, 1961-02-17

S. leaders and diplomats seem inclined
once more to give the enemy the benefit
of the doubt. Maybe they think that
after awhile even the communists will
weary Of trucking fools.
Unfortunately for the United States
and the free world, when that time fl
nally arrives it may no longer be nee
essary for the communists to resort to
trickery.
Charleston (SC) Neus & Courier
The Farmville herald. (Farmville, Va.) 1957-current, 1961-02-17

ing wedges of agitators who invade the
precincts with the express purpose of
disobeying laws, customs and rights of
residents. The people of Maine, Ne
braska and California would appreciate
such treatment no more than we South
Carolinians do.
Charleston (SC) Neus & Courier
The Farmville herald. (Farmville, Va.) 1957-current, 1961-02-17
John Temple Graves
Recession Undergirded

"Oh, how I miss you tonight,
Miss you when lights are
Evening star., 1961-07-31
ON WHEELS
Now They're Discountinq Heat
By CHARLES YARBRoUGH

1t wouldn't be considered an
understatement to say that new
car sales thus far this model
year have been disappointing.
But 1t must be heartening to
the manufacturers to see a
new gimmick in the market
place where there is seldom a
lack Of them.
In Virginia's Tidewater area,
Dodge dealers have been de-
ducting $3.50 off the base
price for every degree the
thermometer rises above zero.
At 80 degrees, for example,
which is no more uncommon
to the Tidewater than it is to
Washington, a buyer would
save $135.
Some sales promotions have
even turned electric fans on
a display automobile "to keep
this hot car cooled off" Sales
men were wearing lapel themo-
meters.
While there are still many
optinists in the industry who
feel the 1860 model year may
see six million car sales, wan
ing summer isn't producing
very satisfactory signs. The
three millionth new car reg
istration was filed about 10 day
ago.
Almost all production lines
are closed down for the change
over to 1862 models. With all
most five months to go, the
1962s may see a buying furry
to bring the. years total to
near expectations.
First Of the announced press
previews to cross the desk Is
Oldsmobile, set for August %
in Detroit.
There are exceptions to the
Evening star., 1961-07-31
Baxter Quits SEC
To Be Secretary
For D. c. Funds

Allin p. Baxter has resigned
from the corporate regulations
division of the Securities and
Exchange Commission to be-
come secretary of Atomics
Physics and Science Fuad, Inc,
and Shares in America Indus
try, Inc, it was announced to-
day by President Newton I
Steers, jr.
Mr.. Baxter also has been
elected secretary of Columbian
Financial Corp, which is man
ager and distributor of both OF
these Washington funds.
The new secretary has been
with the SEC for four years, is
a graduate of the University of
Virginia and has a law degree
from George Washington Uni
versity. He was admitted to
the District bar in 1857.
Evening star., 1961-07-31
Virginia. Bank
To Sell Stock

Shirlington Trust Co. will in
crease its capital by $250,o00 by
offering additional shares to
stockholders at the rate of one
new share Off each six shares
held, and for a price of $3.50
a share.
Board Chairman Frank L.
Ball said sale Of the new shares
will increase the banks capital
position to $1,213,000.
The increase is desirable in
connection with the banks new
Cherrydale Office, which now is
under construction and will be
ready for occupancy around
January l. he said.
The offering will be made to
stockholders of record as of
August 81 and will expire Sep
tember Is. The new certificates
will be dated October 10.
Evening star., 1961-07-31

general decline in sales, period
by-period, but the overall re-
suit remains the same.
Buick dealers in the WASH
ington zone, for instance, de-
livered 345 cars in the second
10 days of July to register a
five-year high for that period
and a So per cent increase over
the preceding 10 days, Zone
Manager F. L. Getsinger re-
ports.
Washington zone Buick sales
are 22.6 per cent above the
same 1860 model period.
The push on used cars takes
on some new momentum during
Alexandria Days celebration
starting Thursday to run
through Saturday.
Five dealers will take part
in auction sales in the Park g.
Shop lot in the 900 block of
King street. Hours will be from
Z to 9 pm. Thursday; S to o
pm, Friday and / to 4 pm,
Saturday.
Participating dealers are
Aero Chevrolet, Herby's Ford,
Mt. Vernon Motors, Polk Motor
Co., and Temple Motor Co.
Age in an auto agency is
something desirable. but the
accent should be on age in the
people who run it.
That is the theory advanced
by Jack Amatucci, president of
Toms Chevrolet, a 44-year-old
leadership in Wheaton. To
emphasize his point, he has an
nounced these promotions and
appointments. 4"
John KOwalski, 80, was
named general sales manager;
Joseph Roberts, 81, was pro-
NOTED to used car sales man.
ager and Mel Becker, 80. was
appointed truck sales manager.
General manager of the deal
ership is Frank GOetzger, 80.
Gene Stocker, 80, is service
manager and Lester Osti, 20, is
office manager.
4 y &A
The VOlkswagentrain, a l2-
unit caravan sponsored by
Capitol Car Distributors, Ltd,
Of Takoma Park, concludes a
six-week goodwill-safety tour
in Salisbury, Md, today.
Since June IA the caravan,
driven by area college students,
has taken the message" into
five States and the District.
Volkswagen's $4,000 workers
in Wolfsburg, Germany, go
back to work this week with a
five per cent pay increase after
three weeks paid vacation.
Evening star., 1961-07-31
Earnings

Commonwealth Edison in
year ended June 80 earned
$79. .498,177 or 1898 a share VS..
$76,130.513 or $3.77 in 1860.
Burlington Industries in 9
months ended July l earned
$16.226, 900 or $1.27 a share VS..
$28.814,000 or $2.31 in 1860
period!
Pepperell Manufacturing in
year ended June 80 earned
SO, ,220, 900 or $6.62 a share VS..
3,493,912 or $1.19 in 1860.
Champion Papers, Inc. in I
months ended June 80 earned
$3,567.443 or so cents a share
We. $2,185,79O or As cents ir
1860 period.
Ampex Corp. in year ended
April 80 had a loss of So
100000 VS.. earnings of So
$4,000 or 81 cents a share in
1860.
Automatic Canteen in SO
weeks ended June 10 earned
So, 2,673,117 or Al cents a share
VS.. So, ,029, ,448 or IS cents in 1860
period.
Budd Co. in 6 months ended
June 80 had a loss of ST.
SGT 900 VS.. earnings Of $6,-
479 900 or $1.43 in 1860 period.
Frito Co. in "a weeks ended
June 18 earned $1,040,394 or
Al cents a share VS.. 1927, ,78O
or 80 cents in 1860 period.
Northwest Airlines in 6
months ended June 80 earned
81 289,987 VS.. loss of $224,-
829 in 1860 period.
Sharon Steel in 6 months
ended June 80 had a loss of
$261, ,639 VS.. earnings of ST.
954,856 or SLIT in 1860 period.
Norfolk Southern Rwy. in 6
months ended June 80 had q
loss of $76,421 VS.. earnings of
$117,237 in 1860 period.
Other earnings included:
For 9 Months Ended June so
Evening star., 1961-07-31
YOUR
MONEYS WORTH
Best Buy Is a Used House
~ SYLVIA PORTER

substantially lower interest
rate than that being asked on
new mortgages. If your buyer
assumes your mortgage, he'll
get the benefit Of this lower
interest rate. This should i'm
press him, but how much ex-
ira money they'll put in your
pocket is questionable.
The errors you made in
planning your house and the
flaws your builder made in
constructing your house have
been corrected-and these err
rorS and flaws show up only
after a house has been lived in
and settled. Your buyer still
will say. he's buying a pack
age, not its parts, and he'll not
reimburse you for these ex-
penses.
The argument over which is
a better buy-a new or used
house-is a never-ending one
and the financial aspects fire.
quently are dwarfed by per-
sonal desires.
Home Building Rises
Home building this year is
running at a rate of 1874
900 units. The new housing bill
is designed to increase this
construction pace.
The market for new houses is
climbing-and that's healthy
for our entire economy.
Nevertheless, with $4,000, 900
families or 61.9 per cent of the
total living in homes of their
own, it is clear that the great
source of housing is the used
house, and particularly the
post-World War II house.
Thus, Smith and Michalski
perform a service in emphasiz-
ing the advantages of buying a
house that was built in the late
1940s-1950s. To sellers trying
to push up a price and to buy
ers trying to bargain down a
price, these points are valuable
guides.
Distributed 1861. by The Hall syndi
cate, Inc. All Rights Reserved)
Evening star., 1961-07-31

4 If you built or bought a new
house in the 1950s, you prob
ably have put funds into i'm
proving your home by now.
AS Of today. you have a used
house-and as of today, your
house is the best bargain on
the market for a buyer.
This is the conclusion of a
new study, Home Buyers
Guide" just released by r. r.
Smith and E. A. Michalski.
I Your improvements and ad-
ditions make your house more
attractive and livable, but
these are part of the package
you are offering to- sell and you
can't charge a buyer specifical-
" for them.
Lots Now Smaller
What's more, it's futile to
try to impress your purchaser
with stories of what you went
through to finish your rooms,
create your lawn, etc. He's
bargaining for a complete
house and that's that.
The lot on which your house
stands probably is larger thar
lots on which new houses are
being put up. now. Smith anC
Michalski estimate that usec
homes may be on lots IS tt
so per cent larger than new
houses in the identical price
range, but your lot too is par
of the package you're offering
and your purchaser will taxi
this for granted.
The neig h hood intC
which you moved several year.
ago probably has taken on {
distinct character and tht
values of the houses in it arr
established. This eliminate
many risks in home owner
ship. but your purchaser viii
accept this advantage as dul
him.
The mortgage you have OF
your house well may be at {
Evening star., 1961-07-31
Foirfox Is Area Leader
With $37.3 Million Of
New Homes in 6Months
BY DONALD B. HADLEY
star Financial Editor

Fairfax County. the Washington Metropolitan Area
with $37373000 of residential building authorized in the first
half Of this year. substantial gain from the
mdyear from the Census Bureau disclosed today
Prince Georges County Md, second in new home
construction with $34767O0O and Montgomery County Nd
third with $33144000. The District of Columbia was
fourth with sl87s6OOO while Arlington County Va fifth
with $l0,032000.
The big Fairfax residential volume represented 1928 dwell
mgs This highest dollar the leaders and
indicated high proportion of Single-famly homes.
The Prince Georges total represented 487 dwellings and
its lower dollar dwelling indicated larger pro-
portion of apartments Other dwelling unit totals Mont
gomery 217 District Of Columbia 1866 and Arlington 749
Including 5000 of nonresidentia work. Montgomeys
construction total of led the but
off slightly from ago. Fairfax next with SAT
million and Prince Georges had $429 million.
AS previously reported nonFedera construction in the
aggregated in the months
Residential work provided 900 for 1888
600 1898 units in the first 1860 half Nom
residential totaled $42,708O00 VS.. $50103,00O
Federal contracts the amounted to $634l2000 in
the first five months of this and indicated that both
Federal non-Federa construction in the will exceed
million for the six months when Federal contracts for
June reported.
Section totals for the six months compared below with
those for the 1860 period:
Evening star., 1961-07-31
Martin Co. Earnings
Well Above Year Aqo

The Martin Co. reported net
earnings from operations were
equal to $1.56 a share in the
first six months Of this year,
compared with $1.24 a share a
year ago.
. Sales totaled $408, 1873, ,230 VS..
1901 ,985,702 in the same 1860
period. Net for the three
months ended June 80 was
equal to n cents a share VS..
81 cents a year earlier.
a Some sort of action is ex-
pected this week on the pro-
posed merger Of the Martin
Co. and American Marietta.
Late in June, it was reported
directors Of the two firms had
Evening star., 1961-07-31
D. c. Bank CIeorings
Set New Records

Washington bank clearings
In both July and the first seven
months of this year reached
their highest marks on record
for those periods, reported Will
liam N. Cradlin, clearing house
manager. today.
July clearings OF 1888, ,443, ,422
were up 10 per cent from $577,-
693,466 in July last year.
Seven months clearings
aggregated $4,693, ,033, 200, an
increase Of 13 per cent from
&,139, ,248, 1928 a year earlier.
Evening star., 1961-07-31

then nearly valueless Western
lands.
Thus aided, the industry Is
a whole cleared $445 million
lowest net in ii years-in 1860,
a fifth consecutive year of de-
clining earnings from the $927
million peak hit in 1855.
Actually, the starvation that
has melted the flesh from rail.
road bones began to set In
about 80 years ago.
In 1880. for example, thret
out of every four tons Of inter.
city freight moved on the rails
This 74.3 per cent fell to 81:
in 1910. 56.2 in 1850 and to 43.S
per cent in 1860.
The proportion that moved
on rubber tires-in trucks
rose from 4 per cent to 20 and
a fraction in this span, the
proportion on rivers and canals
(mostly via barge) climbed
from 2 per cent to 9 and via
oil pipelines from S per cent to
18.
Trucks Skim Cream
Because the business gained
by trucks has tended to skim
off the cream on high-revenue
traffic, a credible estimate for
1861 puts the truck share OF
the transportation systems $50
billion income at nearly $2S
billion, more than triple the
railroad share of SIS billion
What the trucks have done
on freight, the air lines have
done on commercial passenger
traffic - skimming off the
cream, the long-haul, high fare
travellers, leaving mainly the
lowly, Improbable commuter
to continue riding the rails.
Air carriers rose from q neg
ligible fraction of the nations
passenger traffic in 1880 to A
per cent in 1860, measured in
millions Of miles Of travel.
The rail share sank in the
30-year span from 68.5 per cent
to 27 per cent. It is declining
more this year.
Railmen charge that the
lower truck freight rates and
competitive air passenger fares
that have brought rail carriers
to the brink Of disaster are
founded, on government SUBJ
sides and discriminatory tax
policies.
BY and large, with token
local help, the government tax
dollars paid in part by the rails,
has built and maintains the
airports and communications
systems indispensable to air
lines.
To an important extent, it
has done the same on high
ways, in the process providing
and maintaining at compare
lively nominal user expense
the concrete rights-of-way
that speed trucks coast-to-
coast.
At the same time, rail car
riers pay 81 billion O. year in
property tax on their rights
of-way. and pour out $1.25 bill
lion. additional for mainte-
nance Of way, structures and
depreciation-about five times
the profit realized in 1860.
Rail industry leaders are Bit
ter.
I'VE may reach the moon
and find ourselves hopelessly
begged down here on earth, !"
said Daniel P. Loomis, presi-
dent Of the Association Of
American Railroads, in q re-
cent criticism of "outdated and
contradictory government poll
cies."
Tomorrow: How the rail-
roads are fighting back.
Evening star., 1961-07-31
Refund to Reduce
Gas Rates SIiuhtH

Distribution of a $3,612.024
refund to customers of Wash
ington Gas Light Co. in the
next IL months will in effect
reduce the company's rates
slightly.
AS a result Of a typographical
error in this column Sunday, it
was stated enormously the re-
fund would result in a slight
increase. The refund is being
passed on from the company'S
gas Supplier. Atlantic Seaboard
Corp, as a result of Federal
Power Commission orders.
Evening star., 1961-07-31
BY ROGER LANE
AP Financial Writer

NEW YORK, July 31-While
economic and political doctors
debate a cure, a deep-rooted ILL.,
ness steadily saps the waning
strength of the nations $27 bill
lion railroad industry.
Few believe the patient will
perish.
But even if it doesn't, the in
dustry probably never again
will thrive as in great grand
fathers day when it was a SYM
boil of United States industrial
might.
Now, important Eastern rail-
roads are in bankruptcy OF
perilously close to it. If they
escape, some will survive only
by surrendering their historic
identities in life-saving mergers.
The railroad industry suffers
at once from starvation and
from bloat.
Problems Outlined
The nourishment that used to
keep it strong-freight and pas
senger revenue-increasingly is
being gobbled up by trucks. cars
and buses, and by, airplanes,
barges and pipelines. :
The bloat arises from the
industry's inability to shrink
its sprawling physical plant
and staggering costs to a level
geared to its lowered stature
in the country's transporta-
ton life.
For railroads haul less than
a third of the passengers of is
years ago, ard less than three
fcurths of the freight despite
the nations rapid growth in
population and a vast expan-
sion in her economy.
And freight provides $19 out
of every $40 Of railroad oper-
ating revenues.
In 1860. ninety-one Of the
nations 106 major railroads
ran a breathtaking $152 mil
Evening star., 1961-07-31
OUR, ,AILING RAILROADS.
Industry That Helped Build Notion
Suffers From Starvation and BIoot

lion deficit on passenger and
freight hauling.
Only IS made money on this
business.
Doing Even Worse
So far this year, the rail-
roads as a whole-but par
ticularly railroads in the in.
dustrial East, home Of the
mightiest hnes-are doing ever
worse.
The $2.5 billion, second rank.
ing New York Central Rail
road in the first five months
of 1861 plunged $25 million ir
the red. The $40 billion-assets
Pennsylvania Railroad, the
nations largest, ran $18 MIL
lion in the hole.
Despite previous adverse pre-.
dictionS, both lines made slight
profits in June. The New YorE
Central earned $4,000 and the
Pennsylvania earned $515, 500
The New York Central's vita,
freight volume has ehbed below
the miserable levels Of l930-31
in the great depression that
landed one third Of the major
lines in bankruptcy.
The aggregate deficit Of the
Eastern carriers was SIT mil
lion during January-May, q
period which toward its Gloss
was marked by a strong re-
covery in business generally.
Narrowed, but still sizable
earnings by Western and
Southern railroads were scarce
ly enough to give the entire in
dustry q meager profit of ST.
million. a pittance compared
with invested capital.
Auxiliary Revenue Cited
Fortunately for the rails
many draw auxiliary revenue
from real estate, ore, timber
oil and other outside interests
a throwback in most cases to
wholesale government give
aways many decades ago OF
Evening star., 1961-07-31
SBIC Association
Appoints Executive

Walter B. Stults. former staff
director of the. Senate Select
Committee on Small Business
has been named executive
director of the National ASsosi-
alton of Small Business In
vestment Companies.
Charles M. Noone, general
counsel for the association, who
has been serving in a dual
capacity, will continue as
general counsel. Mr.. StultS has
been with the Senate COM
mittee since 1850 and has been
staff director since 1854.
Evening star., 1961-07-31
METALS

NEW YORK, July 81 CAPl.--Spot
nonferrous metal prices today: copper
81 cents pound, Connecticut Valley
zinc liz cents cents poSnd. aqi East Fs 81. Louis. s.
Tin lit q pound, New York. For
eign silver 913s GENTS per troy ounce,
New York. Pittsburgh scrap steel No.
I heavy was quoted by Iron AGE at
Evening star., 1961-07-31
BUSINESS
BRIEFS

Electric Power Production
over the nation in the IL
months ended May 81 totaled
a record 760,551 $4,000 kilo-
watthours, up 0.4 per cent from
the previous period. May out
put was 63,660,184,000 XVIII
an all-time record for the
month.-Federal Power Com
mission.
Evening star., 1961-07-31
OVER COUNTER

Following prices furnished by the Ma
tional Association Of Securities Dealers
within. which locally active securities
could have been bought or sold ct ]
nm Mondav .JulV Al 1QRI.
Evening star., 1961-07-31

reached a tentative agree
ment for merger.
Evening star., 1961-07-31
TREASURY BONDS

NEW YORK (AP) Moon over the coun.
ter U. S. Government Treasury bonds, bid,
asked, net change and yield for Monday.
Evening star., 1961-07-31

THE EVENING STAR
Washington, D. c.
Mondoy, July 81, 1861