davidaulloa/AmericanStories huggingface dataset:
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-10
Market Confidence
Indicated in '63
BY Sidney Klein
Director Of Research, Dreyfus . Co.


This is the time of the year for economists and market
analysts etc. to make their predictions year ago
the majority Of the economists and analysts
agreement predicting year for the economy as well
the stock market Six months boom appeared i'm
the economy the stock market fact market col
lapsed and the remained relatively unchanged
AT mid1962 their predictions changed to gloom. They
We're predicting bear market and recession Neither APP
peared again. The market rallied sharply fact had one
Of the sharpes rallies in the history the
the economy continued high plateau
For 1868 the majority the once again
changed their thinking. They have third prediction
of less neutrality
Some OF them predicting slight downdrift I'm the
first half followed by mild recovery in the half
some anticipating increase in the first half
by slight decrease In the second half
In summary they have strong predictions the year.
By and large they expect ddewise in the
my and the stock market
1t appears to that again their predictions will
be wrong. do not believe the economy spend another
Of unchanged activity, think stock market
will remain in trading range analysts
anticipate. BASED the long trend Of our nations
economy appears likely for the change to be the
upside.
Consequently, good year. generally for the stock
market However, must bear in mind that good
damage done in the May-June again i'm the
October break 1.-THE Castro crisis).
Fortunes lost; great confidence shattered
The markets healing process one IL takes a great
Some will be minor and will be sharp
ensue, not all groups will participate.
Once again should seective year In the stock
market although the basic trend should be upward.
There many of unknown factors, such as the
tax cut situation, the international situation gold
situation.
Barring unforeseen events group which most likely
to succeed in 1865 is the utility group benefit
this group particularly well other groups which
dividends relatively secure such group
There should individual strength i'm selected growth enui
ties, such as, PoIaroid.
Although most today have an attitude Of un
certainty and caution, Of confidence is
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-10
'Hunnanistics'
Opens New
Outlet Here

A new public relations firm,
"geared to employ selective
means to do a job for selective
clientele" has been opened in
Glen Echo by Morris Allen, a
former government editor and
free-lance writer.
Identified as "Humanistics,"
the company will be operated
from quarters at 60O3 Benalder
Drive in the Glen Echo Shop
ping Center, opposite the Glen
Echo amusement park. A major
element of its operational pol
icy, Allen said, is based on "the
need to promote an theological
counterpart to match the dyna-
mism of worldwide Communist
propaganda"
Asserting that "a major goal
will be to blend the higher
human aspirations with the in
centive of capitalist enterprise"
Allen continued: Besides the
normal profit motive, Human
istics seeks to contribute toward
raising the level of popular
taste and culture, rather than
manipulate easier, more readily
marketable motivations."
Operations of Humanistics,
according to Allen, already ex-
tend from Washington to San
tiago, Chile, through Rio de
Janeiro and Montevideo.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-10
Year End
Finds CD
On MOue

Development of a public fall
out shelter program for Mont
gomery County residents is
moving along at a progressive
rate, according to Rear Adm.
G. Roy Hartwig, deputy civil
defense director for the county.
At the end of the year, Adm.
Hartwig noted, 81 building own
ers had authorized use of their
premises for shelter facilities
which will provide protection
for some $4,000 persons. In
addition to these, he pointed
out, IL buildings at the Ma
tional Institute of Health are
currently being marked with
shelter signs identifying as
protective sites for an addi-
tional $4,000 refugees.
The defense official said nepo-
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-10
. Business Leaders Hopeful

porous commercial center"
She hopes that the admins
tration will be successful in its
plans for a tax cut. There is a
lot OF money in the county, and
a tax cut would encourage the
people to spend more of it."
Gregg Everngam, president
Of the Silver Spring Board Of
Trade, states that local business
Is good and no one is complain
ing. The opening of the Whea-
ton Plaza made an initial dent
In Silver Spring sales, but the
situation is now back to normal.
The Board of Trade Is taking
the lead in moving the area for
ward. An elaborate brochure is
being prepared telling the mes
sage and background of Silver
Spring, and the current parking
survey will determine the needs
OF shoppers for the future.
Everngam points with pride
to the fact that the board now
has a full-time executive secre.
tary, and that the bOard-spon-
sOred Thanksgiving parade and
science industry fair were both
success.
He says that, contrary to
what many may feel, the estab-
hsfment of the Hecht Co. and
other large department stores
In the area have helped the To-
cal merchants because of their
drawing power. Downtown Sill.
yer Spring will eventually be-
come an office and professional
center, he adds. Already office
rentals are as high as those in
downtown washington.
Frank Hewitt, Dr., president
Of the Montgomery County
Bankers Association, announced
that banking did better here
than the national average. The
population growth was the big
gest single factor.
This year win be as good, If
not better than 1862, because of
the expanding governmental in
stallations and new office build.
ings," Hewitt states.
Carl r. Stulrges, president of
the Montgomery County Board
of Realtors, gives the same pre-
dichon. Mortgage money Is still
In good supply and competition
viii be keener than ever.
The greatest achievement for
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-10

Is to present a better designed
home and community, since
most of the buyers have already
owned one or two homes, and
are more particular about what
they want.
Montgomery County's bust
ness picture for 1868 looks to
be slightly better than 1862. The
rate Of progress, however, is in
the hands Of agencies which are
not controlled by the county.
Factors such as the proposed
tax cut, rapid transit and the
expansion Of government faciE-
ties even the international
peace climate - all have an eff.
feet on directing the local econ
omy.
The value Of the business
community to the county can.
not be over-stressed. Some resi-
dents look down upon the local
merchants with indifference.
But when tax time rolls around,
1t Is evident that the role local
business plays is crucial in sup
porting county services.
The taxes on residential prop.
critics cannot possibly carry the
entire burden Of the school sys.
tenn and other vital programs.
When the residents support
their local merchants, they in.
directly support the entire coln-
ty, including the schools.
These are the sentiments of
the county's business leaders,
most of whom were encouraged
by prosperous 1862, and have
high hopes for an even greater
1868.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-10

the local realtors in many years
occurred in 1862 with the install.
lation Of the new autonnated
multiple listing system, which
allows the salesman and GUS
toners to see at a glance al.
most every house for sale in
the county.
Every week the long list -
1t takes about an hour to read
through it - is distributed to
the member brokers. Houses are
listed in order of price, and In
addition the number of floors,
bedrooms, baths and other in.
formation concerning the prop.
erty. The customer can quickly
see what Is available In his
price range.
StlIrges says that MOntgom.
cry County Is more stable than
most areas around the country.
Although land prices have sky.
rocketed during the past few
years, lands with sewer and
water facilities are more scarce
than before. There are many
areas where the builders have
been delayed in their plans be.
cause the utilities have to catch
up with the rapidly developing
communities.
Lenders seek to finance
homes here i'm the county while
they are more cautious else.
where. Because of the great fed.
eral payroll, this area is almost
'recession-proof." Sales are
aimed more at second and third
time home owners.
The challenge to the builders
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-10
Clayton Joins
Buchanan Firm

Stephen G. Clayton, director
of advertising and accounting
for the Home Builders Associa-
ton of Metropolitan Washing
ton, Inc, for the past four
years, has resigned the post to
join the financial staff of w.
Evans Buchanan, new president
of the National Association of
Home Builders.
According to John G. Gosnell,
president of the Home Builders,
the responsibilities formerly
assumed by Clayton will be
divided between two new ap-
pointees. They are Miss Mary
G.. Sherwin, former executive
assistant to the executive vice
president of the association.
who win serve as director of ad.
vertising for the Home Builders
Monthly, and James w. Mitch
ell, a University of Maryland
School of Business graduate,
who has been named director of
the accounting department for
the building group.
Miss Sherwin, a University of
California graduate who had
several years of experience in
promotion and advertising in
the San Francisco area before
joining the Home Builders, will
continue to serve In her capa-
city of director of special prof.
ects while serving as advertis-
ing director.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-10

are being fully stocked with,
necessary supplies and identi-i
fled as shelters through the
joint efforts of State and coun-
ty authorities and the Army
Engineers.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-10
CONTINUED from Page BIZ


Bank, First National Bank of
Maryland and Suburban Trust
Co. - began operations in the
city In 1862.
The Super Giant Discount
Store began pumping new econ
omic life into the community
and expected during 1868 Is
Korvette, big discount store
that will also be located on the
Rockville Pike.
The industrial health of the
city is good and Is undoubtedly
destined to become even more
vigorous this year. Retail bust
ness in the city's central area
was laundering as the ur-
ban renewal plans were being
pushed. But business firms on
the rim of the city were doing
well.
The Chamber of Commerce
will continue to serve the COM
munity's interests during the
coming year, Hemmer said.
Wilbur Baughman, president
of the Montgomery County
Chamber Of Commerce, says
that 1862 was a good year and
expects 1868 to be even better,
partly because of the November
elections.
Republicans and Democrats
are both on the county council
and the school board, and THU
Is q good thing" he adds. 'BotF
Council and school board arr
somewhat more conservative
than their predecessors and THU
should be good for business"
The Chamber OF Commerce
has progressed very well dur
ing the past year with severa.
activities aimed at educating
and assisting the business com
rnunity, Baughman concluded.
Charlotte Martz, newIy.elected
president Of the Wheaton Cham
Der of Commerce, states that
the new shopping plaza complex
has helped business In the rest
of the Wheaton business area
1t has drawn people from miles
away who otherwise would have
gone to the District to do their
shopping.
1.-THE large chain stores are
cooperating with the local mer
chants to make Wheaton a pros
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-10

tiations are currently under
way with 40 additional public
building owners to provide fa-
cilities which would offer fully
qualified shelter space for an
other 10000 persons.
Meanwhile, existing spaces
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-10
NeaU Members Welcomed

The 654tf and 655th members Of the Bethesda Chevy
Chase Chamber of Commerce welcomed by Chamber Off
Gals From left Jack WamsIey general manager the
Governors House Motor Hotel 84OO Wisconsin Ave,
Ann Novel of Novels Hair StyIss 1880 Wisconsin Ave-,
James A. Barr executive director of the Chamber
ard r. Price, Dr., president during 1862
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13
Twelve Births Occur

Twelve births occurred at the
Garrett County Memorial hospital
in Oakland during the past week,
three girls and nine boys.
On the 9th a daughter to Mr.. and
Mrs. George Lawrence Fike. of
Friendsville.
On the 7th a son to Mr. and Mrs.
Bryn Mckenzie. McHenry.
On the 9Th a son to Mr.. and Mrs.
John David MARBLE, Oakland; a
son to Mr.. and Mrs. Daniel Milton
Holland, Mt. Lake Park.
On the 9th a son to Mr.. and Mrs.
Joseph Dean Patterson, Hutton; a
son to Mr.. and Mrs. Melvin Sines,
Deer Park.
On the 10th son to Mr.. and
Mrs. Walter Weeks, Mt. Lake
Park; a son to Mr.. and Mrs. Regi-
Maid McClelland Rodeheaver, Mt
Lake Park; daughter to Mr. and
Mrs. Joseph Junior Dewitt, Nc
Henry.
On the 18th son to Mr.. and
Mrs. Calvin Love, route l, Oak
land.
On the 18th a daughter to Mr..
and Mrs. Luther Yarger Seibert,
Jr., route 2. Oakland: a son to Mr..
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13
Confer On Recreation

County Commissioners and in
dividuals interested in recreation
met last Thursday afternoon at
Will O. the Wisp, Deep Creek Lake,
with Carlton Sickles, Congress-
man at large from Maryland.
Attending were Allen S. Paugh,
Harvey d. Swartzentruber, and
Earl Opel, commissioners; Michael
Lindene and Ed Lewis, members
of the Western Maryland Central
Labor council; Glenn Lashley, di-
rector of public relations for the
Washington AAA organization;
Jack Turney, Lowell Loomis and
Helmuth Heise.
Means of increasing the econo-
my of the area through recreation
were under discussion.
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13
"Barn OUT Held

There have been cOok-outs,
camp-outs, but it remained for the
senior F. II. A. girls of Northern
high school to have a unique eX-
perience last Friday night when
they arranged a "barn-out."
The girls went to the farm home
of Mr.. and Mrs. Russell f. Brenne-
man, near Bittinger for their out
ing. Recreation and food planning
were done by the girls. They cooked
out for supper, had maple sugar
taffy pulling afterwards and fol-
lowing games. etc, slept out in the
Brenneman barn. Before returning
to their homes they also had a
lookout breakfast.
With the girls for the evening
were Mrs Polly Hanst, senior home
economics instructor at Northern,
Mrs. Brenneman and Mrs. Will
liam Hartman. Mrs. Brenneman pro-
vided the maple sugar taffy for
Friday evening
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13

Among the students who have
returned for the summer are
Maurice Brookhart, Johns Hopkins
university; David Gender, Loyola;
Kathy Gender. St. Xavier, Latrobe,
Pa The latter was graduated from
the institution and this fall will
enroll in West Virginia univer-
sity to study nursing.
A son was born to Mr. and Mrs.
John d. MARBLE, Oakland, last
Saturday, June 3 in Garrett Coun-
ty Memorial hospital. Mrs. MARBLE
is the former Elaine Graham. Ma
ternal grandparents are Senator
and Mrs. Spencer W. Graham. Pa
ternal grandparents are Mr. and
Mrs David MARBLE, South Third
street.
A reception and welcome home
party for the Lawrence Sherwood
family will be held at st. Pauls
Methodist church on Wednesday
evening, June 10, from to 10 o.
clock. Members and friends are in
vited. Pastor Sherwood was re-
appointed to the St. Pauls church
for the third year, at the conclu-
sion of the West Virginia confer
ence at Buckhannon last Sunday
evening.
Mr.. and Mrs. Ben Brown and
children, Bill and Beth, Whining
ton, Del. arrived in Oakland Sat
urday to visit Mrs. Browns mother,
Mrs. Elizabeth Turney, who is
patient in Garrett County Me
mortal hospital Mr.. Brown re-
turned to his home in Wilmington
on Sunday while Mrs Brown and
children are remaining for an eX-
tended visit. Mrs. Daniel Conrad
and daughter Kristin, who had
just arrived from Germany last
week accompanied them to Oak
land. Mrs. Conrad is the former
Sylvia Archer, granddaughter of
David w. Walters, Sr., 9Th street.
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13

Subscribe to rhe Republican.
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13

AT the risk of being labeled an
eighteenth-century agrarian econo-
mist, two questions appear peril
nent:
Where in the Constitution is the
federal government given the au-
thority to operate electricity COM
panies?
Where in the Constitution is the
federal government given the au-
thority to own these large land
areas?
ConstitutionalIy Forbidden
AS a matter of fact, the Consti-
tuition expressly forbids federal
holdings that we're not purchased
from, and with the consent of, the
state legislature Most of this vast
empire was Arbitrarily withheld
from the states at time of state
hood. So the II western states are
actually second-class states-with-
out the right of other states.
The cure for this arbitrary pre-
emption of rights is not complaint
or protest
1t is to do as jefferson advised:
bind our rulers down from mis-
chief with the chains of the Con-
stitution"
These activities by the Interior
Department are without legal or
moral justification in the eyes of
the Constitution
Eliminate Federal Control
The answer then is the proposed
Liberty Amendment. 1t will rees-
tablish justice by eliminating all
federal economic enterprises not
specified in the Constitution.
This will return the land areas
to the people and the states where
they belong. 1t will return the bust
ness of producing electricity to the
people-Who prosper only by serv-
ing each other, not a political mas
ter.
1t will eliminate unfair govern
ment competition with its own peo-
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13
Open Church Wedding

Miss Amanda X. Dixon, daugh-
ter of Mr.. and Mrs. Paul r. Dixon,
Harrington Manor road, Oakland,
will become the bride of Lawrence
S. Pence, of McGaheysville, Va,
at an open church wedding on Sat
urday afternoon, June Is, at A
o'clock in the Oak Park Church
of the Brethren. The Rev j. Stan
ley Earhart, pastor, will perform
the ceremony
The prospective groom is son
of Mr.. and Mrs. Paul Pence Both
Miss Dixon and Mr.. Pence are
graduates of Bridgewater college.
A reception is being planned at
the home of the brides parents
Immediately following the cere-
mony.
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13
The American WAY
Americas Imperial Empire
BY Harry Browne
Editor, American Progress
Magazine

Editor, American Progress
Magazine
On December 20, 1862, the De-
partment of the Interior told the
private, tax-paying electricity COM
panies of America that the power
they generate is no longer their
owr.
Henceforth, the government can
use any surplus capacity" on pri
vate transmission lines crossing
federal lands
Government Confiscation
This means that the electric
companies will not be able to pro-
vide a reserve capacity to protect
you against a power failure Any
such reserves can be labeled sur
plus capacity" and confiscated by
the government, And, of course, it
is the government that decides
whether or not a line has surplus
capacity.
In addition, the Department of
Interior also assumes the right to
increase the capacity of a private
line to be able to transmit power
for its own purposes Thus a fed
eral power cimpany can use the
private companys product to COM
pete for the private company's
customers,
1t will be argued, of course, that
the government should control the
lines, if a private company chooses
to build on federal land. But this
argument ignores a terrifying fact:
The federal government actually
owns 809o of the land area of the
II western states.
How can a western power COM
pany avoid running head-on into
this imperial empire? = an empire
larger than most of Europel
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13

ADV. 1t
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13
CARD OE THANKS

We desire to express our sincere
thanks and appreciation to all our
friends and neighbors for their
kindness and helpfulness during
the illness and following the death
of our husband and father, the
late Harry c. Kiser
We also want to thank Mrs. Kyle,
Homecoming, for her care; Mrs.
John Evans, the Leighton-Durst
Funeral home, Rev Oscar Hull,
and those who gave flowers and
contributed the use of their auto
mobiles for the funeral service.
Wife and Family
ADV II
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13

pie. And the savings from all this
will provide for the repeal o. the
income tax.
We can not stop this growing
federal encroachment by pious
phrases and defensive tactics. We
must take the offensive - with the
Liberty Amendment
The Republican. [volume] (Oakland, Md.) 1877-current, 1963-06-13
COVE

Word was received here of the
death of the infant son of Mr. and
Mrs. Junior Hickman of FraZeyS-
burg, o. Mr.. Hickman is the son
of Mr.. and Mrs. Harry Hickman.
U. S. offered to develop ASA
league island into national seaside
park. -@t a,sg9N@