davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-04
YOUR
MONEYS WORTH
Very Rich Stay Very Rich
" SYLVIA PORTER

become the greatest middle
income nation ever known.
Millions of average families
now own some common stocks
and Government bonds. But
there has not been much of an
equalization of the ownership
Of wealth. The share owned by
the richest rich did decline
during the 1930s and 1940s and
reached a low of 20.8 per cent
in 1919. Since then, though, the
trend has reversed and the con-
centration is almost back to
the 1888 level.
Prof. Lampman's statistics
also show the extent to which
the stock market boom of the
l950s-early 1905 has benefited
the very wealthy. This is the
key force behind the renewed
concentration of wealth, for the
very rich owned so large a
chunk Of outstanding stocks
when the boom took off in 1949
that the value OF their assets
has swelled disproportionately
Finally, by indicating how
the rich have become richer at
the same time that the per-
centage Of poor has dwindled
and the middle-income class
has swelled, Prof. Lampman's
figures underline how spectac-
ularly total personal wealth has
grown-from $500 million in
1922 to near 50 trillion in 1862.
There's a much bigger wealth
pie for all Of us to slice.
Who are the very rich? Those
with estates Of 100000 or more,
for Prof. Lampman based his
study on an analysis of estate
tax returns and only estates of
this amount or more are sub
ject to estate taxes.
How many rich are there?
Prof. Lampman estimates there
were over IL million top
wealth-holders in 1858. Consid-
ering what has happened to
stock prices since. there are
probably more than twice as
many today.
What about their sex? Here
Prof. Lampman Smashes an
other common notion, for he
finds only one-third of the top
/ per cent are women and they
hold only 40 per cent of the
wealth Of this group.
These are big percentages
(and they're growing, but,
says he, 1.-THE information on
top wealth-holders furnishes
little support for the popular
idea that women own the
greater part Of American
wealth"
distributed by the Hall Syndicate, Inc
All rights reserved)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-04

The concentration Of wealth
among the very rich is almost
as pronounced today as it was
in 1888, when Franklin D.
Roosevelt became President and
began the New Deal.
The richest / per cent of
American adults now holds 81
% per cent Of the Nations
personal wealth. which includes
all corporation stocks, Govern
ment and corporation bonds,
real estate, mortgages, cash,
insurance. In 1888, the richest
l per cent held 1913 per cent
Of the personal wealth.
The concentration of owner
ship Of common stocks among
the very rich actually is
greater today than in 1929.
The richest l per cent holds
76 per cent Of all corporation
stocks outstanding. In 1929, the
year Of the stock crash, / per
cent held 65.5 per cent Of the
corporate stock.
The wealthiest wealthy own
about II per cent Of all State
and local government bonds,
80 per cent Of all United States
Government bonds, IL per cent
of all real estate.
This Is a samp1ing Of the
findings Of Robert j.. Lamp
man, economics professor at
the University Of Wisconsin, in
a 286-page report on THE
Share of Top-Wealth Holders
in National Wealth, 1922-56,"
published for the National Blu
reau Of Economic Research by
the Princeton University Press.
It is the most comprehensive re-
port on the wealth Of very rich
Americans ever compiled.
No matter what your eco
nomic- social viewpoint, these
statistics surely excite you. I
freely admit they stunned me
Prof. Lampman's findings
show that since Roosevelt and
the New Deal, there has been
no vast equalization of the dis
tribution Of wealth in the
United States. There has been
an equalization of the distri-
button of incomes and we have
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-04
HodIey to Speak
In. Silver Sprinq

Donald B. Hadley, financial
editor Of The Star, will address
the Silver Spring Board of
Trade at q dinner meeting at
Blair Mansion Inn Wednesday
night.
He will discuss business
trends and growth in the WASH
ington Metropolitan Area.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-02-04

up Az at 551s on 303,3O
shares; Brunswick, off % at
39b; General Dynamics, up
az at 361s; San Diego I'M
perial, up / at 1412. and Cen
eral Motors, up w at 81.
Milford chronicle., 1962-05-18
Top Travel Writers
Visit "Sho" This Week

A dozen or more of the East's
top travel writer's will descend up
on Rehoboth Beach this week o
examine, at first hand, the re-
construction work now well under
way at the Nations Summer
Capital" and to hear of the popular
Atlantic Coast resorts plans for
the 1862 season.
The group comes at the invita-
tion of the Rehoboth Beach
Chamber of Commerce as extend
ed through the Tourism Promotion
Section of the Delaware State De-
velopment Department.
The first of the group is ex-
pected to arrive around noon n
Wednesday with others following
later in the day. The group will be
housed at the Henlopen H e l,
Atlantic Sands Motel, Dinner Bell
Inn Motel and Shiryl Ann Motel.
A Rehoboth Chamber of Com
merce committee headed by Past
President Harry Zerby will escort
the writer's on an extended tour of
the resort area. Mayor Juel c.
Stamper, Chamber of Commerce
President Fred Karl and David S.
Hugg of the Development Depart
Milford chronicle., 1962-05-18
ADAMS CROSS RID
Mrs. Marion Robinson

Mrs. Annie Larrimore spent Last
Tuesday afternoon with Mrs. Mabel
Lare.
Mrs. Glenn Meluney spent Tues
day with her niece, Marion Rob-
inSon.
Willard Hughes of New Jersey,
spent the weekend with Mrs. Ethel
Heller and father.
Mrs Marion Robinson, Mrs. An
ME Larrimore, Miss Sadie Devore
and Mrs. Esther Johnson visited
Mrs. Richard Seely during the past
week. Mrs. Ethel Heller is taking
care of Richard Seely and family.
We are glad Mrs. Seely is improv-
ing.
The Boston Larrimore family en-
tertained her brother from Wilm-
ington. Mr.. and Mrs. Arthur Lee
Donovan, Mr.. and Mrs. Charles
Donovan and son were S u n d a y
guests.
Mrs. Charles Johnson had their
granddaughter and grandson with
them on Thursday afternoon.
The little granddaughters of Mr..
and Mrs. Earle Robinson spent the
weekend with them while h e r
Daddy and Mother were called to
Phila., due to the illness of NJ r S.
Dennis, who was rushed to the
hospital on Thursday morning.
Mr.. and Mrs. VIM. Dennis return
ed to her parents on Mothers Day
and took the little girls home with
them.
Milford chronicle., 1962-05-18
Delaware Park Due
To Open Muy 28fh

How do you like your racing :
steeplechase, hurdles, turf course
flat? Delaware Park will have all
four types of sport on four separate
courses to entertain the most dis
eliminating racegoer during the
54-day thoroughbred race meeting
opening on May rs and continuing
through July~2S.
OF course the accent is upon
flat racing at the Stanton track
where the unmatched quartz e. r
million dollar Distaff Big Three
series highlights the Is stakes and
feature events. The triad for fillies
and mares begins with the 100000
Oaks on July IA and is followed by
the $4,000 New Castle and $780,
600 Delaware Handicap the last
named climactic event the world
richest for female horses 3-year-
olds and upward.
For devotees of steeplechase and
hurdles the season begins on June
Is with the $4,000 added t o m
Roby Steeplechase and concludes
on July 6 when the $4,000 added
Indian River Steeplechase Handi-
cap will be renewed. Other jump
features during this period are the
$4,000 Georgetown Steeplechase
Handicap, June % and $500 add
ed Spring Steeplechase, June IA.
Turf course racing which plays
a major role in the daily programs
with many overnight tests is high
lighted by two stakes events. The
first of the grass stakes is the
$4,000 added Brandywine Turf
Handicap at mile and one
sixteenth on May 80 and the other
is the $4,000 added Sussex Turf
Handicap at the searching one mile
and three-eights distance on June
80.
With a record $2,1O0,000 in
stakes, purses and awards, h e
season will provide opportunities
for all age groups. Two-year-olds
will be shooting for total of
$4,000 in added money in five
stakes and 3-year-olds will have as
their principal detectives aside
from the Oaks the $25,000 added
Kent, June 8, and $4,000 Leonard
Richards, June %.
The $4,000 added traditional
Wilmington Handicap at six fur
longs for 3-year-olds and upward
will usher in the season on May 2S.
Eight races with emphasis on
distance events will be carded
daily; first post during the season
is 2 Pm. (DST).
Milford chronicle., 1962-05-18
Jim Holland Elected
Head Of Kent County
v. F. w. District
CONTINUED from page one)

continued from page one)
w. Clarke of Dover, installed all
the newly elected district officers
except for Commander-elect Hol-
land. The latter will be installed
in the top district Office during the
32nd Annual Department Encamp-
ment at Rehoboth Beach, June 16
In other district encampment
proceedings, the Kent County del
egates endorsed Samuel A. Lynch
of Wilmington for state command
er; Charles Il. Mulhoiland of
Newark for department senior
vice commander; and Francis A.
Sldowski of Wilmington for re-
election to the Office of depart
ment quartermaster. At an ear
lier meeting. District No. en-
dorscd one of its own members,
Clement j. Nevins of Milford as
candidate for the Office of depart
ment Junior vice commander.
Roy Williams of Dover, who led
the Kent County District through
a highly successful 1961-62 term,
presided.
Milford chronicle., 1962-05-18
MILLVILLE
MiIIie G.. Banks
Phone: DickersOn 461

Millville M. E. Church, c h u r h
School, 10 am, next Sunday NOR
ming there will be no worship SER
vice because of conference which
will be held in Grace Church, Will
mington, this week.
The Cleaners" will meet at the
church hall on Thursday evening.
Mrs. Eva Culley of Wilmington,
spent the weekend with her broth
er and sister-in-law, Mr. and Mrs.
Harry Dale.
Mrs. Mae Kelly, Mrs. Esta Stew
ems and Mrs. Atlanta Simpler call
ed on Elizabeth Wharton in Beth
any Beach on Saturday evening.
Mr.. and Mrs. James Savage and
Mr.. and Mrs. Ralph Justice return
ed home on Saturday, after touring
New York State and the New Eng
land States.
Sunday dinner guests of Mr.. and
Mrs William Derrickson were, Mrs.
Myrtle Truitt and son Benny o f
Millsboro, and Herbert West of
Wilmington. Afternoon callers were
Mr. and Mrs. Norman Derrickson
and family of Laurel, and Mrs.
Marie Rogers and family.
Mrs. Garrison Long of Baltimore,
Md, and sister Ruth of George
town are spending a few weeks
with their parents, Mr. and NJ r s.
Israel Townsend.
Mrs Myrtle Jones returned to
her home on Sunday after spend
ing a few weeks in Maryland, with
relatives. She is recovering nicely
after breaking her arm few weeks
ago.
Thought for the Day Family
Week-"The Christian home radia-
tes the peace of God to all who
enter its DOORS"
nnn
Milford chronicle., 1962-05-18

Geise, Scott Sipple, and Stephen
Hollenbeck, each.
Two Base Hits: Scott Sipple, A.
Three Base Hit: Steven Davis,
/.
Pitching: Kevin Gorlick, 10
1000; Daniel Williams, Ii, 600;
Gerald Minner, 1-0-1. 1000; David
Stevenson, 1-0-1.000.
Strikeouts: Billy Tribbitt, 20.
Milford chronicle., 1962-05-18
Kent Home Doings

Fish may not be a "brain food"
but it is a good source of protein
and contains small amounts of iron
and the B-vitamins, thiamine and
riboflavin.
An average serving of about 8
ounces of fish supplies about the
same amount of protein as SER
wing of meat according to Katie
Thomas, Kent county home dem
onstration agent And since it is
often lower in price than meat,
fish is definitely an economical
protein source.
Seafood provides iodine for a
healthy functioning thyroid gland.
Some fatty fish such as swordfish
also supply an abundant quantity
of vitamins A and d.
Most fish are low in fat and
therefore are low in calories. And
the fats have a high proportion of
unsaturated fatty acids Fresh fish
is low in sodium, too, and is often
included in special diets prescrib-
ed by dietitianS and DOCTORS
Since fish has less iron than
meat, MfS. 11OndS recommends
serving green, leafy vegetable
with a fish dinner. Oysters how
ever, are an excellent source of
calcium and iron.
There are 250 different kinds of
fish-frozen, canned or fresh-i n
the local markets. Make it a habit
to try a new kind of fish each
month, or serve familiar fish a new
way. For a start try the following
trout special" which serves six:
fresh trout or bass, cleaned
u cup mild vinegar
u cup chicken broth
l small bay leaf
Trim fish and split down the
back. Combine in skillet vinegar
and broth (make broth by dissolv-
ing chicken bouillon cube in "
cut hot water). Add bay leaf. Sim
mer 10 minutes.
Add fish to the broth; simmer Is
minutes or until tender. Remove to
platter and serve with lemon but
ter.
Milford chronicle., 1962-05-18
MILFORD CHRONICLE MILFORD DELAWARE, FRIDAY
New Ag. Yearbook
Now Available
fcontinued from page onel

forests, marketing and economics,
home economics, technology, and
communications
The book, known as the Cen
tennial Yearbook, makes a special
point of covering gricul tu e
throughout the United States. One
section particularly is devoted to
pictures and descriptions of farm
ers in nearly all so states.
Containing more than 700 photo
graphs, the 1862 Agriculture Year
book describes new methods and
tools of research, the problems of
farm income, the changes in rural
living, and the growth of the De-
partment of Agriculture.
Senator Williams said that a
limited supply of the books is
available from his office in Wash
ington on a first-come, first-served
basis. Persons interested in obtain
ing a copy of the yearbook should
address their requests to Senator
John ]. Williams, 2213 Senate Of
flee Building, Washington 25, D. c.
Milford chronicle., 1962-05-18
Milford Little League

Last Weeks Results
Friday, May IL
l. G. Burton Giants 3, Whining
ton Trust Yankees 1.
Saturday, May IL
Service Oil Braves IA, Dairy
Queen Orioles 13.
Masten Transportation Tigers 4,
Humes Hardware Phillies l..
Top Ten Hitters
a or more at hail
Milford chronicle., 1962-05-18

Read The Classified Ads
Milford chronicle., 1962-05-18
son GOES OTHER DIRECTION

SAN DIEGO, Calf. (AP) = A
new business called Explosive
Engineering Corp. has been start
ed by Jon Lindbergh, son of Chas
A. Lindbergh, the famous trans
Atlantic flier.
Jon Lindbergh has engaged in
undersea surveys since a hitch in
the Navy here following gradua-
ton from Stanford University. His
new company will handle under
water explosive jobs.
Milford chronicle., 1962-05-18

ment will brief them as to Re-
hoboth Beach's plans for h
future. Richard Lyons will also
accompany the group and provide
Photographic services.
While most of the group will
leave for home late Thursday or
early Friday, a few are expected
to extend their visit to include a
tour of the Dover Area on Friday
and of New Castle on Saturday.
Milford chronicle., 1962-05-18
CHANGE IN NAME

NEW YORK (AP)-The 48-year-
old Church Peace Union, an organ
ization of Protestants, r o m n
Catholics and Jews seeking to fos-
ter international peace, has chang
ed its name to the Council on Re-
ligion and International Affairs.
Milford chronicle., 1962-05-18
WELCOME, APRIL

SHARON, Pa. (AP)-When M r.
and Mrs. Albert First became the
parents of baby girl on April 1,
they gave the infant timely name,
April First.
Milford chronicle., 1962-05-18
TROUBLE IN SOUTH AFRICA

PORT ELIZABETH, South Af-
ricia (AP)-This sign appears on
the door of a house in Glen Hurd,
Port Elizabeth:
Beware of my Mother-in-Law. /"
Milford chronicle., 1962-05-18

WORKSHOP FOR FESTIVAL JUDGES Elizabeth Goez 1860
Champion Lakewood left
Daily
National Chicken Cooking
a
workshop will
the Annual DemaVa
DEL fairgrounds June 1416
Senior Division
editor
Westchester Publications
for he nior
Milford chronicle., 1962-05-18
SWEET OHIO

COLUMBUS, Ohio (APo - Ohio
ranks third in the nation in num-
Der of bee colonies, with 285,000,
and is one of the 10 leading
states in honey production.
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1962-04-27
Reds Send Harper
To Minors In
Surprise Move

San Francisco (ANP) - In
surprise move last week, the Gin
cinnati Reds sent hard-hitting
rookie third baseman Tommy Har-
per to San Diego on "a hour re-
call.
The Reds then assigned Eddie
KaskO to third, and moved Chico
Cardenas at short.
The Harper move was a surprise
because most observers expected
him to make it with the parent
team. He collected four hits in his
very first two major league games
and was fielding and throwing
we'll
Harper received his big chance
when the regular third baseman,
Gene Freeze, suffered an ankle in
jury in spring training. Tommy
was not chosen to fill in for Freeze.
That assignment went to Cliff
Cook.
However, when Cook failed to
deliver as expected, Harper was
given a crack at the job. He re-
sponded with some lusty hitting
and was rewarded with a chance
to open the season at third for the
National League champions.
1t was not known whether his
reassignment to the minors was
part of a team shuttle to make
room for Freeze, but it felt that
Tommy stands a good chance to
make it back to Cincinnati.
Harper has been in organized
baseball only two years and al
ready is drawing the kind of rave
notices that went to Pinson two
years ago. With Topeka last sum-
mer, he batted 1924. He led the
league in stolen bases (31), triples
(1D and run (13D. He was also
named the most valuable player
in the Three l League.
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1962-04-27
TWIN CITIES LADIES

Final meeting of the 61-62 sea-
son for the Ladies" at st. Peter
Claver Tuesday saw the following
elected to office for 62-63.
President, Ruth Wheaton; Vice
President, Corabelle Banks; Secre-
tary, Evelyn Henderson; Treasur-
er, Dorothy Cozine and Sgt-at-
Arms, Callie Fowler.
1t will be noted that the secre-
tary-treasurer office is separated
contrary to what has long been
the custom in this league. Other
offices and committees are ap-
pointive. The league will continue
to bowl at st. Peter Claver lanes.
Banquet will be held at Road
Buddys May 1 at $50 pm. for
members and guests at which time
awards and prizes will be given
to individuals and teams.
Seen in the gallery for the first
time this season were Lauramae
Robbins and daughters Mango and
Atthea, also son Gordon. Bea Wal
ton and Pat Lee the usual two
some, Mrs. Simmons with Ransom
her infant son, Debbie and Toya
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1962-04-27
Almost About
Every thing
BY PERCY VILLA

EDITORS Note: Percy Villa is
now in Las Vegas enjoying the
sights and sounds of his faV-
Orite resort city. Wouldn't it be
the natural thing to have this
weeks guest cOIumnlst write
about Las Vegas? And that's
exactly what Eddie Schwartz,
veteran Minneapolis printer and
eX-repOrter, didD
Forrest Duke, who writes for
the Las Vegas Review-Journal,
also covers the LV beat for Var
iety" and other publications He is
an erudite student of the arts and
sciences, especially in the realm of
jazz music and modern painting.
So when the Musicians Club of
Las Vegas, an affiliate of Mu-
sician's Union Local 1853 (AFMO ,
quoted Jack Eglash, assistant to
the main man of the union and
coordinating the Las Vegas Jazz
Festival, to wit: Were just try
ing to promote good jazz - the
only authentic American music, ~
the hotel owners mot ALL let out
howl that was heard over the
clink of silver dollars and the click
of the dice in the plush gambling
casinos.
The hotel operators feel, sale
Duke, that the time element i!
wrong. The date set is July 7 anC
8 just as the peak of the heavies
week in LV tourist business. May
be, if the truth were known, thu
Strip operators hate to see the
spenders take time out for two
days of jazz.
Frankly, the lineup of talent
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1962-04-27
Perkins Knocks Out
young" RING Neterun

Philadelphia 20 (ANP) - Eddie
Perkins, 1877 pound lightweight
challenger from Chicago, scored an
eight-round technical knockout
over Mel Middleton, $50, Phila-
delphia, in their scheduled 10 round
bout here last week.
Middleton, who has fought and
trained since he was eight years
old, was described as a ring vet
eran" at %.
Anyway, he was no match for
the sharp-shooting Perkins, who
was in command all the way and
floored him for an eight count in
the third round. He also opened a
cut over Middleton's eye in the
sixth.
Middleton started out by fight
ing in Kid Gloves shows and then
moved up to the AAU as an amat-
eur, before turning pro.
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1962-04-27

eggs me into making a reservation
right now Imagine Sammy Davis,
Jr., Pearl Bailey. Leonard Feather,
Steve Allen and Jackie Cooper as
possible MOS?
And the participants - WOW!
Dizzy Gillespie, CannonbaIl Adder
ley, Gerry Mulligan, Buddy De-
Franco, Lee Konitz, Louis Bell
son, Mel Tonne, The Hi-Lo's,
Nancy Wilson, Mavis Rivers, Ro-
land Kirk, Art Blakely, vi Redd
and the possibility of Dave Bru-
beck, Miles Davis, Oscar Peterson
and Buddy Rich!
Duke noted that Benny Carter
will also solo, and in addition. will
conduct a 27-piece house orches-
ira playing his composition. Las
Vegas Suite. Included among the
sidemen will be top trombOnists
Carl Fontana and Tommy Turk
who now reside in Las Vegas.
The festival will feature a Bal
let and Jazz" production with
book and ChOreOgraphy by Barry
Ashton with Louie Bellcson pear
| ly Mae Bailey's hubby conducting
the music for the ballet, which
Ashton says will be IAN artistic
surprise" thanks to Belleson's COM
position and orchestration.
Although we haven't heard from
the Great Villa Che's been away
over two weeks now there will be
five complete performances and
all will be different. A down-to-
earth jazz buff could certainly
have a field day at Las Vegas
Convention Center for a couple of
days.
And, you know, the more I
think about it, the more I'm get
ting hot to go.
So, who's stopping you!
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1962-04-27
White Athletes
Blast Policy On
InferTociuI Meets

Ld1dye cue, Lid lA4NTJ - Two
nationally famous athletes, Don
and Dave Styron, hurdling twins
from Northeast Louisiana State
college, have openly attacked the
schools no-interracial-meet policy,
calling it senseless and more hurt
full to them personally and white
athletes in general, than to Ne
groes.
They attacked the colleges pol
icy, which prevents Louisiana
State from participating in track
and field meets in which Negro
athletes compete, after their win
ming performances in the 34th
Southwestern Relays here.
Not Satisfied With Restricted
Triumphs
In the SWC meet, Don was
named the outstanding track star.
His brother, Dave, won the relays
100 in 9.5 seconds. However, Meth
er was satisfied with their re-
stricted triumphs, because some of
the nations top track star, who
happened to be Negroes, were bar
red from the meet.
Don contended that being pre-
vented from competing against the
best has retarded his own develop
ment, and is hurting whites in gen
eral. His brother, Dave, agreed.
Claims Negro Sprinters Dominate
Don said he wanted to run
against the best, explaining:
IF you're going to be the best,
you've got to run against the
best"
His brother, Dave, registered
similar protest. Saying Negroes
are the best sprinters, Dave rea-
soned, logically:
The colored race is fatty domin-
aung the sprints. If you don't get
out and run against them every
week, how can you beat them in
the nationals ?"
He also attacked the ruling for
keeping the college out of NAIA
championships. He declared:
I'VE (NortheasD had a chance
to win the NAIA for two years,
We didn't go because people in the
South thought we shouldn't run
against colored people" The people
to whom he referred were obvious
ly the Louisiana legislators who
passed a law several years ago
banning interracial boxing in
sports.
Fed Up With Policy
Dave also said he was fed up
with the policy, saying he had re-
manned silent about 1t for years
but now feels he must speak out
against it.