Page 1 of Dec 17 1958 Issue of Mount Pleasant News in Mount Pleasant, Iowa

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Mount Pleasant News (Newspaper) - December 17, 1958, Mount Pleasant, Iowa The it. Pleasant news these Days by George e. Sokolsky the Gold loss it requires a new kind of thinking revive an interest in Gold. Before 1933. Every american was concerned with Gold calculated his wealth in what he believed was Gold backed dollars and expected that any time he wanted convert his paper Money into Gold he could. President Roosevelt changed the world. He took Gold out of the american Dollar and was upheld by the supreme court in a specious opinion. As a result most americans forgot about Gold except that they believed that they owned an enormous Hoard of the stuff which was buried at port Knox. They thought they had about $28,000.-000.000 of the Metal and that our paper Money was firm because of this Reserve. Actually Gold has been leaving the United states in sizeable amounts. $2,200,000,000 having taken flight from this country during 1958 thus far the estimates i am using Are from tile Quot a. S. News amp world report a Money can be anything that is accepted As having value. Wampum is As Good As anything else if it is accepted for centuries Gold has hem acknowledged As a measure of j value and therefore the value of \ Money has been hooked on it. The significance of Gold is its acceptability and the Confidence it inspires. To say that one has one Dollar requires definition As the value of that Dollar. What is it actually Worth when it is Gold backed. Its value cannot be less than tile Gold it represents or the Confidence it inspires. A am a egg Quot vol. 80, no. 296 it. Pleasant Iowa wednesday evening december 17, 1958 by Carrier Sot per week by mail $7.50 per year children Are guests at rotary members of rotary club and their j children had their annual Christmas party at the presbyterian Church monday evening. A a child j rents dinner a consisting of Ham j burgers potato chips pickles pop and ice Cream was served. Vote not seat Alford in Arkansas launch two Thor missiles in Bogota Colombia Washington up la c Vandenberg fab Calif. Up a double barrelled launching of Thor missiles at this giant new missile base and at Cape canaveral 98 Christmas shoppers die in department store fire following the dinner the group ,. House refuse seat seere eation Sang Christmas carols and watched sections committee voted j Fia a has paved a amp a for the today recommend that the first launching in the project o. Cd Dale Alford pending a Thor cartoon movies. Santa Claus made ,. The finale of1 a a investigation of his write in if today. Victory Over rep Brooks Hay dark Bogota Colombia up a a fire which started in a Christmas nativity scene roared through the discoverer program before the end Vida department store during the of the year missile sources indicate appearance As the party and each child received a gift and Candy treats. Guests at the meeting were Earl ring visiting rotarian from Burlington Ronald Wikel High school rotarian for the month and Barry cans Iowa Wesleyan rotarian for the month. Economy poised for new highs the committees Alford Case raised a possibility that the Little Rock congressional District May be without a congressman for some time after the 88 the Congress convenes Jan 7 it also raised at least a theoret at the same time it was sex j peeled that the first flight test action in the01 the Titan ballistic missile slated As the eventual successor the Atlas intercontinental ballistic missile would be conducted before the end of this year at Cape canaveral. Thus the air Force entered a evening Rush hour tuesday killing 98 Christmas shoppers mostly women and children a and injuring 200 others. Many of the injured were reported near death today. The pre Christmas tragedy was compounded by a Lack of rear flames raced across the ground doors of the department store a floor of the store in Bogota s Fash Lark of safety equipment and the Iona a 7th Avenue trapping scores lock the of persons in the rear portion of was caused by a Short circuit in the coloured lights that ornamented a huge tableau of the holy family in the Center of the store s ground floor. The flames fed by paper and Straw in the simulated Manger spread nearby counters piled with highly inflammable plastic toys and gifts. Too in a matter of seconds the ical possibility that Hays narrow a program of military and scientific j manager s decision of l 0 h front doors As a precaution against the building. Looters a move which trapped most of the dead were suffocate by Defeated by missile space launching Alford in a last minute write in Campaign could the Pacific and Atlantic oceans eventually be declared by the House have won the election. Youths ordered Cut Trees for City Ira Leedham married 60 years Washington up a govern a ment economists said today the nation a Economy a regained its re recession proportions and is i poised on the threshold of expansion new highs. Economy Given court Sanction go into the Niv Cisar it on monday dec. 15. They pig headed a Well it ainu necessarily so just a Butcher in Oslo Norway getting a hog ready for the nations tables they estimated the now is pouring out goods and services at a rate just a Shade below and possibly equal the mid-1957 record. Avert second school fire Hall of Fame decision postponed publication prints thesis Davenport. Iowa up a five i my and mrs Ira Leedham Davenport teenagers tuesday were observed their 60th wedding anniversary on monday dec. 15. They Are both natives of Henry county hundreds in the flaming building cd rather than burned. A fire of i roil in a Fly the name of the de facial said he found bodies piled apartment store Means 20 deep against the rear Wall of Tim fire started at 5.25 pm. A the ground floor where stamped High fire department official told my crowds fought desperately in United press International that it an Effort escape. Timber business for the City. However judge Glen d Kelly and have resided their entire lives sports writer Bill forum dead a. To amp split Stock 3 i Kansas City. To. Up made it Plain the boys and i a so London Community their parents in a juvenile hear i a it have two children living Ine that if they did no Volunteer it is Abel Rogeis and Elmer r. Would be Tough sledding for them i Leedham who with their families in the final disposition of their observed sunday dinner with them cases in the parental Home. They have the boys ranging in age from two grandchildren William Hay the reports show that during Chicago Quot up 1958. Gold flowed out of the United sprinkler system and states the amount of $2,200,000. Custodian were credited today with too and that the following figures possibly averting a second serious 15 17. Were Iii court in connection with the destruction of three Trees in Davenport Vander veer at Are significant great Britain Belgium Switzerland Italy Netherlands $900,000,000 275.000.000 250.000.000 190.000.000 170,000 000 i school fire in the Chicago area about 600 children fled safety tuesday when a Blaze broke out at the Joseph Sears elementary school in the fashionable suburb of Kenilworth. Fire marshal Rod a. Porter of nearby Winnetka said the flames started in a lost and found room under a wooden stairway in the schools basement. Porter said a youngster sneaking a cigarette probably caused the fire. The third 1958 Issue of the official National University extent meeting select the site for the Sion association correspondence a. Quot Vav a school me Unglo sult 1 Ine it 101a ext Park. The Trees were valued a 0 too too Acri culture h ill of Fame study division newsletter just an Alert �3uuu-Uuu Ogutu inure Nau of Raine j More than $3,000. Has been postponed until Jan. 23 published contains a summary of because of illness of two members a roasters thesis written at the state University of Iowa dealing Ward and Eugene Rogers. Says youth was Given fair trial of the executive committee. The Trees were destroyed when the youths got into a discussion i. J. Was what could fell a tree the the meeting had been scheduled with methods and techniques of i he meeting Nau Uteri Semu Meu m i fastest a saw or an a. The exp thursday the nost Monement setting up of correspondence i Iii. Uay. Hie amp v ponets of the a won the argue courses. A a,1 ment Felling 20-Inch, 70-foot pin the master s thesis summarize for thursday. The postpone was announced by Howard a. Cowden president of the organization because the selection will mean in the current Issue was written several million dollars the com. Unity chosen he said he desired j the entire committee be present for the session. Tours have been arranged for committee members Springfield i 111., Des Moines Iowa. And both Kansas City mo., and Kansas City i kau., insure that All eligible Sites Are studied. And Hie remainder other coun tries incl dog the Bank for International settlements. It is because the american Dollar has been regarded As a a hard currency Quot one supported by this Hoard of Gold f that it became the principal cur a Renov of the world much desired j everywhere and employed As a basis i of stability in other countries. Money in Exchange among foreign countries operates on Confidence and loses in value As Confidence lessens ,0o i areal. Lebanon up a forty nobody knows for sure what persons were killed this weekend contracts totalling $1,366,899 were amount of Gold the soviet Universal m a major government rebel j awarded Iowa firms during state holds it is i has been mined Ste the communist period. It is known by a former Sui student John l. Sprott of it. Pleasant who is now teaching in the Fairfield Junior High school. The newsletter edited at Sui is Oak Des Moines up a a Waterloo youth convicted of manslaughter was a not Given a fair trial Quot because newspaper articles and radio and television accounts of the trial prejudiced the jury an attorney said tuesday. Atty. J. D. Robertson Marshalltown Iowa said the newspaper new York up death i new York a. T. Amp t., the caught up with Bill Corum one Bell weather of the Stock Market of the nation s most popular made history today when it was sports writers before he could announced that the Stock would be finish his autobiography. J split three for one and a new the 63-year-old new York Jour dividend rate of $9,90 was an Nal american columnist who announced on the old Stock which served As president of the would moan the new Stock would Churchill Downs race track and pay $3.30 a share quarterly impresario of the Kentucky Der i the Stock closed at $205.00 a by died tuesday night of lung share a new High and it was Exon cancer at St. Luke a Hospital. Reject Stockport school proposal peeled it would open higher thursday morning. Christine Olivia Munson 81, died now after judge Kelly a action tuesday the boys must work every saturday until further notice j stories a argued every Day for con Ogham St Knort cd let Troani at the lutheran Home for the aged chopping Down Trees which the j victim on of Myron e. Mclaughlin Fri inline a m Otest at maund wednesday morning. Birmingham a the Van Buren and Jefferson county boards of education turned Down the Birm-1 Christine Munson taken by death City Park commission says need 22. Waterloo during his trial in mailed some 200 members of Cung commission has Des kill 40 in a misunderstanding 2 leis it government contracts rms Des Moines up Dele e the correspondence study division in the United states and Canada. John l. Davis associate professor of education at Sui is the editor. Or. Sprott is a graduate of the it. Pleasant High school and Iowa Wesleyan College and received his master of arts degree at the state University of Iowa this summer. Mary Marshall s known that Gold dash caused by a simple Misun november the Iowa development <-1 p f p steadily throughout de standing commission said today. To tows pictures tot army infantry armed cars and Blue Star foods inc., Council i South Center club tin. A that soviet Russia has excellent planes Gold Fields particularly in the is stronghold Berian Tundra and that that Gold with mortar.--, rockets and shouts being taken out of the ground. I in Pel haps the bloodiest Bat unquestionably russian Gold is de Lebanon has witnessed in the rebel Bluffs received two contract finding its Way into the Gold markets of London and Zurich and pounded in the Bekkus Valley Talog $430,744. Pioneer Central did the South Center club family vision of Bendix ablation corp. J Christmas party was held dec. 12 Davenport received two contracts totalling $118,424. Other contracts last eight months. The w Hole tragedy occurred be from such places Hie United a use of misunderstanding went Mast development co., Davenport $132,270 h. S. Holtze construction states where Gold can always be which developed when rival Vil j co., Sioux City $308,350 r and p ignited some 1,000 Trees for the boys work on. Gary Marshall wins god and country award Winfield a Gary Marshall 14, was presented the god and country award in scouting at the Winfield methodist Church sunday morning. Bob Linden and r. L. Chrisinger the scout leaders had the local troop in uniforms for the service Kerry Conard and Sonny Bunker served As Flag bearers and Neil Hillyard and Monty Linder As Candle lighters. The program demands a close working relationship Between a boy sold the Treasury at $35 an ounce How much russian Gold the United states has purchased does not appear in the figures. It would of rented it them opened up course come from other countries the air at a funeral dents thinking the go far East As Long As tile United states will Howard Waters pay $35 an ounce All offers of Gold this country can remain the Center of the Gold Reserve of the world because whenever there is trouble abroad Gold flows Back lagers across the Valley fired in construction Waterloo $1 4 5.0 0 0 j Tifful in color and were personalized Faisal re i Rod Ball engineering and devel a by showing the Home inside and fire was Cli Ozment inc. Iowa City $125,374 lout and the family. Mrs. Marshall is Brewer construction co., Sioux a former South Center lady Daugh City $50,017 Iowa manufacturing i ter of Frank Seitz. Co., Cedar rapids $29,017 Keith after the pictures were shown $16,966 Santa Claus appeared with gifts Des Moines for Young and old. All enjoyed refreshments of pie at the St. Alphonsin Hall. A social time was enjoyed and mrs. Mary Seitz Marshall showed pictures of their four years Over a and his pastor and when earned seas in Italy India Spain and other i the award is one of the Greaten countries. The pictures were Beau a honors that come a boy scout Gary is the son of or. And mrs. Robert Marshall and is a Fresl Man student in the Winfield Community High school. Waterloo. Mclaughlin was found guilty of manslaughter in Black Hawk county District court following the death of two prominent Waterloo businessmen after they were involved in a car collision with Mclaughlin june 13, 1957. Robertson told the Iowa supreme court tuesday that h e newspaper and radio and television stones about the trial a repeatedly Day after told of two men dying As a result of the Accident. A motion for a new trial for Mclaughlin was turned Down in Waterloo because the judge ruled the articles and news broadcasts is a did not deprived Mclaughlin of i nation plan following a protest hearing held monday night at the Birmingham High school. By a majority vote the joint boards ruled that the proposed Community District was inadequate. Objections raised by the boards included the fact the District would have bonding limit of Only $450,000. The proposed merger embraced All or part of 34 districts in Van Buren and Jefferson counties. Jefferson county areas included in the plan were parts of round Prairie Cedar and Liberty townships. The daughter of Peter l. And Beng Pehrson Anderson was born May 4, 1877 at Swedesburg. She was a life Long resident of Swedesburg with the exception of j seven or eight years when she lived in Minnesota. Last year she went 1 the lutheran Home live. Mrs. Munson s husband preceded i her in death in 1928. I she is survived by one sister mrs. Ellen Erickson of Swedesburg and several nieces and nephews. Funeral services will be held posed District totals 446 elementary and 164 High school pupils. The a fair trial. The High court took the Case under advisement and will probably make a ruling next month. Thursday at 2 p. In. At the swedes school population within the pro i Burg Lut Crin Church. With Rev. E. M. Lorimer pastor of the Church 1 officiating. Total assessed valuation it the area interment win be in the swedes. Burg cemetery. The body is at the r. K. Crane funeral Home and will later be taken the Church at Swedesburg. Three children fire victims Ames ask for tax Relief mayor unable see Sui squad leave Danville la. A Howard Waters plans leave dec. 28 on a Here for Safe keeping. The problem 40-Day tour of new zealand arises As what would happen ii Australia and the far East he Aid soviet Russia offered a higher due Day. Price for Gold or offered Gold at a lower Price tins would be a form of economic warfare that could wreck the economics of the several years will join h e Western world. American Wool growers tour a Down under Quot and then return from this Price. S35 an ounce is not Aust Sua by Way smgap01c. Electric co., Des Moines and m. J. Newsom $10,737. To put up half of funds for Bridge Ames. Iowa up a the Iowa Waters who has been prominent j Highway commission tuesday Apio various farm organization and i proved putting up half the funds co operative affairs in Iowa for the build a Bridge for tile isolated set strike deadline residents of Pittsburg Iowa. The result of Supply and demand Sankok Hong Kong. And Tokyo As would by True of any other commodity. It is unrelated intrinsic Merit. It is fixed by an act of the tour new zealand and Australia is being sponsored by sheep and Wool growers of Iowa Congress and can Only be changed j Minnesota South Dakota and be by an act of Congress and therefore is a rigid Standard of value Chicago up pilots association tuesday the town was partially Cut off spa a strike deadline against an examination. Ames Iowa up a the Iowa legislature in addition being j confronted with major issues will j be asked next january take i notice of a a a Freak situation in the j Ames school District Here. Roberta school officials Here plan ask was killed the legislature again for Aid and two others injured West of Here make up for the lass in tax Revenue Early today in a crash on Iowa 90 because of the abundance of state just East of the Polk Dallas county owned tax exempt property in the line. City. Bernard j. Burch. 17, Des Moines Iowa state College and the Iowa i was being held in a Hospital Here Highway commission Headquarters the air line for observation but Sharon Osborn make in a Large segment of the night is Des Moines was released of Lei area inside the City limits of Ames. Des Moines girl killed cookies cake sandwiches and of Des Moines diet. Fee. Furnished by the committee j thai a. ,6, Des Moines Florence Buras. Nell Farr and Helen Moehle. Meyersdale a. Up firemen recovered the charred bodies of three children Early today from the ashes of a Home j on a Somerset county Chicken mayor Wade Mcbeth is confined farm near Here. At Home by a cold was unable Ronald Abseil. 5 Robert 3, make Hie trip Cedar rapids and Linda iv2, burned death wednesday join with other Iowa tuesday night when flames raced mayors invited Sec the University through the two Story Frame House of Iowa squad leave by plane while their father was feeding California. City manager g. W. Chickens at a nearby farm build Wright also did not go Cedar ing i rapids. James Arnell the father said f presentation of the petitions by he heard an explosion and ran the league of women voters ask the House find it engulfed in ing for a special election on 4-flames crawling on his hands year Council terms is being held up and Knees he tried enter but until mayor Mcbeth is Back in was driven Back by heat smoke his office. And flames. But the Civ and school from neighbouring bigger cities on american airlines for one minute nov. 16, when a car crashed into a ,0 Midnight Friday Span of a Bridge across tile des1 a walkout by the lines nearly on some ice after passing a Luck Moines River causing the Structure i-00 pilots would ground the car and slammed into the ditch. Officials said the car in which he teenagers were driving skidded i District sentenced too Days Cal Levy property taxes on this Jan in a Mvi charge land for support of schools. 9 Walter l. Hetzel superintendent f schools Here collapse. Residents of the town most of who make their living in Fairfield Braska but will include producers i or Keosauqua asked the commission other states. After leaving Sion provide funds for a new treated Only in Toms of what it Gan Francisco. Cal., on dec. �?~28. Bridge. Means the economies of the st0ps be made in Hawaii and the Fiji islands Enro Ute new zealand. The return will be Macle the West coast on feb. 6. In the far Eastern countries of Rier just before the Christmas week Holiday travel Rush says Quot foul play Quot involved Fairfield a o. L. Wheaton said the state Brighton was sentenced too Days owned property amounts nearly As ninth of the City As the taxable City Council members will name someone preside at the Council meeting wednesday evening. The mayor will not be present nor will councilman Darrell Goddard who has been serving As protein mayor in the absence of mayor Mcbeth. Sat Goddard will be entertaining Kina name Jet builder Western capitalistic world our Gold position is Safe of considered in Tei is of what might happen in an economic clash Between Western capitalism and Eastern communism. Strike goes on new York up striking Thailand and Japan and the de Nermen dashed Hopes tues Washington up a h Navy today named Mcdonnell of a j aircraft co., St Louis p i Duce a new Jet fighter that flies twice the Speed of sound. It can celled a competing air plane de soil savers meet out. Too Little information is available colonies of Singapore and Day night for an Early settlement eloped by Chance Vought a. To establish what soviet Russia Kong Kong he is looking Forward of the eight Day newspaper strike a a 1 sex v might do with its Gold damage f1ilcjin r out More about Agricula by rejecting a proposal for an-1 the West. This is really the most Tural and economic conditions and other vote on the same contract dangerous Factor in the Gold Situ j opportunities for tade and Export offer that touched off the walk action but it is the one that is 0f american farm products usually ignored by political leaders who pay More attention military and diplomatic factors. Nevertheless the question of Gold is of truding itself and is being discussed More and More because it is impossible avoid the subject As a told leaves the United states who rats Sioux City. Iowa up i Oner Thomas Coridon said a foul play was involved in the death 53-year-old woman w h o body was found beneath ii r blood spattered bed Condon said authorities believed at first after she was found monday that she was injured ii an Accident. But an autopsy revealed ii suffered a brain Haemorrhage and also had some broken Bones authorities assumed she had Bern says police radio system neglected in the Jefferson county jail monday visiting military personnel at the when he pleaded guilty in District National guard unit inspection. Court a charge of operating a motor vehicle while intoxicated. Sentence was passed by Judee Elmer Daugherty after Wheaton in celebrates her dictated he was unable pay a $500 i Goth birthday i Fine judge Daugherty also ordered Des Moines up a the Iowa his Driver s License suspended for safety department today says the six month state police radio system is a the i sheriff Jim Griffit most Nelt c ted area in our pub ton is the first occupant at lie safety program and said the county jail since nov. 22, he will by a a Smau dinner at the Ambas Elution the problem is instal be released March 25, 1959. It was Odorns Coconut Grove. La Ion of a $1,748,790 statewide Wheaton s second conviction on an a native of it. Pleasant Iowa native of City los Angeles Calif. A mrs. Estella Bud Wray of 614 s. St. Aid when Andrews place celebrated her 100th birthday with members of her fam microwave radio system. Omvik charge. It. Pleasant stores will be open every night this week tire Wayne soil savers held their beaten. December meeting monday dec. 8 a it the Home of Carl Alvine with h the Tocan monarchy is .1 present. Remnant of the Shere Efian pm Gary Anderson gave a discussion pile founded by the arabs at the vacations Start Friday dec. 19 mrs. Wray taught school before moving Here in 1920. Honouring her w Ere members of _ her family including a son. Park Washington up the Quigley Wray 72. Of Redwood City apostolic delegation today an and a daughter miss Juanita Wray announce Transfer on livestock terms Public school students and Iowa pounced the Transfer of the Mast who lives with her. She has four close of the seventh Century and Wesleyan students will Start their Rev John f Dearden from the grandchildren and five great grand the boys decided go Christmas which once ruled All Northwestern Christmas vacations at the close of diocese of Pittsburg the Arch children. Another daughter. Mrs. L. Caroling and have a party after Africa and most of the iberian classes on Friday dec. 19. Classes diocese of Detroit succeed the w. Newbert of Beverly Hills was wards i Peninsula in Europe j will he resumed on Munday Jan 5late Edward Cardinal Mooney i out of town n

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