Mount Pleasant News (Newspaper) - May 24, 1961, Mount Pleasant, Iowa
The it. Pleasant news vol. 83, no. 122mt. Pleasant Iowa wednesday by by no May 21, 101.1 these Days Fly George e. Sokolsky Ami us an capitalism looking through a general to Torii n port i find that in 1960, thin company had 595,151 employees and 830,873 shareholders. The capitalist system As it has developed in the United states. Is undoubtedly Best described by these figure i lie widespread ownership of american Industry is characterized by widespread and diffuse Public partied a tuft in ownership. Similarly the size of the personnel Over ii of a million in this one company represents an annual payroll of s3.487.000.000 out of total or it of s12.735.00f too the dividend on common and preferred Stock amounted to $577,000,000 and $981,000,000 of the net income was retained for use in the business. To a word. American capitalism As experienced by general motors our largest producing firm shows a widespread distribution of ownership actual in larger than the number of employees it shows that the workers get about 25 per cent of the total Gross income that wages Are about six times As Large a dividend ownership therefore is not of an exploitive but rather of a co operative character. A one looks at tile structural organization of this business ownership h ii ant from management which ii inevitable in an organization which has roughly 800.000 oui i hip tends to be functionally a banking process. The owners do not participate in any phase of the Industry s it activities except that once a year at an annual meeting a j Stockholm i rises to ask a question and is answered. While in practice the stockholders Are called owners actually their relationship i to the business has become More in a to nature of banking Tho stockholder providing capital to management for the conduct of the i business and having an increasing in smaller voice in either policy or practice. Panther s Rexall store to expand install new front another of pleasant Busine. A District improvement of major in and Entrance for the drug into hut Jairt a Tea a a announced Wrd nos Abo die removal of a w a ii let rat veer Day. The front part of the present drug under an arrangement with the store and the pre tit new. Land ii Ole i no 11 a a of the Brazil Ciu Drel in the Pimmit g ire Rome put a building it a r Panther Rill in new fixtures and new lighting contributions asked a tractors for prisoners j in. Ii Cebu drug lore fax it a to in bide i to per it not Pace and will in tall a new i no in the tree the Harn Shaw new land now in lie tout of the Bra Zzz i ton hotel Entrance will be mow to the North a of the Entrance in the funner Roc. lot it Ion tile Barber Imp Roren r a a a and which will be it i ipod by ii ? tand i i or i Stu a it to a. Arai Ceai. O the remodelling to r i i under Way in about two week i be h Eugene Mil ii c it Nti in i to company doing to work. Min Panther Aid. Moving of fixture ant tin Wai Hon ton it Ufi a president Kennedy it died on All amen Fuji today to contribute to the i Raeto i n i i on Erst fund Eling Reb to c in Biba a t to by a i be in i reline Kennedy Aid Capon licenses for hip it mild by granted fun. Tim a or Chr mate depart it but in int or thought the fund Rel Itig a on Dan ii of id be kept entirely a in Pri. Baird i of Committer Lack Bis release of t in improvement involves not tile in tall at Ion of a new front will ire completed construction work. Ahead of the discusses school building plans mortgage Iii Mso a ibis was the Simeur at the first service at mortgage hts burned in connection with the dedication o the Church , is shown al tile la torn. I lie Lino presiding at tin burning Hailey Aud and or. Lame methodist Church sunday morning when e. A Hayes making the p resort latin it Hie of the mortgage copy a from left it. I v Russell and seated Are or. Raymond Reed who dedicated the Church at the first Are vice drug we i a More Marlin of Jefferson former local pastor who gave the Sermon. The Rev Gilbert Stout was hidden from View at the a copy of Church for his is. Lief ii the the re left. At the second mortgage copy. Service la. I. Mcleran made the presentation and Orville All under Roy i Clenor and Howard Cottrell hurtled the left Iowa u. C. Hawkins named in i tribe Case will unfold methodist Church history at pageant new York Kau Kius. Up i Conine As a matter of experience ownership generally is not concerned much with the details of the operation. Of a business provided that a profit is earned or the Enterprise shows the Prospect of growth. If the owner finds ii profitable or Convent Lent he moves out of one Enterprise into another the Buri j i Aye a at Ness is in the management which vp0 jut ago today mediary in a basketball bribe Case. A Nev York grand jury returned a second indictment today naming a a. And into tomorrow depicting 125 years of methodism in it pleasant will to presented Iii tin Sanctuary of the first methodist Church at 7 30 pm. On thursday evening the Public is invited nowadays comes out of for of the organization the work in Manv respects. American from european capitalism the american Enterprise providing a Stria Lier return on an investment leaving Large amounts of earnings within the business for expansion development acquisition and research al the presidents of general motors since organization j in 1908 have come out. Of the work Force except Pierre s. Dupont who represented new ownership. He Ca me in when the company was in danger of bankruptcy and tile i do poll made a heavy investment to save the company. He server Fin three years and was succeeded by Alfred p. Sloan. Jr., who j came out of tile sales Force of the i Hyatt roller bearing company a subsidiary. This has been characteristic of american Industry. Very few sons have succeeded to the positions of i their progenitors til tile Automo ii in business Hie Fords Are exceptional in the steel business such succession is equally rare. In to enter i aes it does not happen at All in. Family enterprises it j in expected that members of the founding family will succeed each Otho hut that is not so in Large corporate enterprises. Tile ruse of met to authority out of the ranks 1 gives to contrite organization in i Etui fives which were unexpected in the Illy development of this Type of Enterprise to presentation climaxes week a freshman basketball of preparation and tile Coop ration the University of Iowa of approximately a Hundred people school suddenly a w Eek i the history of the Church is in a. I. Named As an inter j folded in a conversation Between a boy and his grandparents the highlights being dramatized in a series of pantomimes musical backgrounds Are furnished by or. It. Evan Copley organist and the Chancel choir. Hawkins and base Bali players from new York University St John s Dayton and Seton Hall As having accepted bribes. I none of die players were charged in the indictment. Officials said All players involved had testified before the grand jury and had j been granted immunity Hawkins. 19. Of Brooklyn n a a a freshman sensation on the Hawkeye fledgling Cage squad was accused of accepting Money from Joseph Harken who was the Ohr person named ire a defendant in the indict men. Harken is already with a Alva t he cast is a. Follows India her or Earnest Mathew. Boat Danny Watkins Ora n d in o t ii e r a or. Thomas scene i the arrival of the circuit rid r a family living Oom. About 1838 or. And mrs Denis Jones Tolx it nor and Kath not re scene ii a a Church of our own under arrest in connection with j the first my Trio dist Church build the basketball scandal. Ing. Do Ember 1843 a terse announcement from Iowa i or and mrs Warner eight Days ago said Hawkins considered one of the nations top basketball prospects had withdrawn from school a because of academic and financial it said tile 6-foot 7-Lnch potential Star had a returned to his Home in Brooklyn Quot and added a this future plans Are Low i a ii ii in direr tor Poi Cost Eva Shev al said a this is the first i have heard about it Quot and he said lie would make no statement until he Learned More about it Hawkins was not accused of shaving Points but listed As an Intel medial v. Or or Boh ii. A lid and to. T. Mrs i Bernard Harvey Long Wilson. Mrs l Onard Stop Jed playing the Asbury Church mrs. Burnell Haworth Aud Brian Pobanz scene in a boys al e View of the sunday school. Tin a. Bury Church in tile 1890v Orville Allender Button Sheila Barg it r. Kerry Hough Randy Watkins and Mike kit cd. Seem the ladies save the j Day. Tin Bedford Tom Church juju 16, 1912 Ruth wet Ach a it to Wilson Boba Kerim in Maude Conover ii leu Devin. Lillie Lei. To Thelma Whit Marsh Meda Talbot Alice Shella Barger. Irene Micro Stella met Kib Ben. Ruth Stout. Phyllis car. On mat Gravot she Ila Barger and the Rev or Gille n g h out scene Vimr Cromer and tie Orch Ira the but hold. On Hutch in Ali 1930 s. Diaries ferns Linda Lewis. Tanya Bailey Marl Woepking mar Dell Small Deli Magnu. On David Allender i in me Beth John Gray Way Burn a. Son. Warren Wax King and Paul . Narrators or. Georg e la a re sell. More Orand i Phi. P a Bailey. Lewis mrs. J. Raymond Madwiek i Burnell if i wort ii ate m i tap a. Lewis Are the planning co must Phillip aug my costume and property Giller is op1 rating tile Light Roger Meeker will a Beard Gentil no n of a. T cd each s. 17 killed in c rash of Globe master superintendent Robert Kormanek Quot i to i plea. Ant Community a a Bool my a talk on the school Huiking program monday night be a Quot ii the rotary dub or Kormanek said that at the pm Cut time he plans All for a in w Grade school building in Salem and i new Gram Choel building in in ast of it Tira ant. Both for Era or through the sixth. This would i ave the present Jun i Quot i Lush building for All 7th and 8th Grade indent. In tid a Frt some of the 7th and 8th students me now in Cia seat pleasant Lawn and Salem. I the program al o Calls for a bus l l a it shop. According to superintend lit Kormanek the Cost of the proposed program would be $525,000. Robert Piper program chairman tor the month introduced or. I Romanek Hie cuban. Taken prisoner during the abortive invasion attempt is headed by Walter rent her my. Blea not Roo be and or Milton i al r now or a White i inure spokesman said j it was quite Likely that the chief executive himself would make a up r Sinai contribution to Hie Eam _ i at Ign which is aimed at Exchange of it a i k us Erv a la up Tun in nod Bulldozer for 1,200 an inter Raethal group of freed a i Onei riders left this riot scarred if 1 Elf White House also confirmed today in a trial Lav bus and Dud it was tire president who asked moves to Mississippi fungus disease now working on Lover aphids Bead i toward Jackson i. A he hard Core Center to Regn St tion m the w Ere a reported by 18 by. it Rol cars. Containing 3 guard to in and 2 Highway patrol men Eracli i a Nat Iona it guard Plain a it d other mall plane ended Over head a the caravan Rode a t j the to. Tine department in a. I Tigon Aid Lite Kenned of. I mini St ratio i 11 a cd been Given Surnce by i. I Sippi official that the rodents would not be harmed gov. Ross Barnet issued an immediate Appeal urging Cilz n. To just Lei the officers handle the but lie Aid the inter racial group would be arrested if it Vio i mrs Roosevelt. Reuth a of the United automobile workers and or Eisenhower Broth i of former pres a aleut Dwight d Eisenhower a lurid no the fund raising Campaign. Aet my Whit. Hon a it press secret try Andre Hatcher raid the brr Ideo ailed mrs. Roosevelt rent ii i and Eisenhower after he a my told h number of committees a were being formed to raise Money to meet he off i of cuban r Fidel Castro to Trade the cuban rebels Lor tractors. Iris show May 31 Tacoma Wash up a at least 17 men were killed when a c-121 globulin Stet crashed shortly1 after taking off from Mcchord Field near Here us morning a sixteen of the victims rued instantly when tile plus Plum a cd to Earth after having gain d an Alti Tud Quot of about 500 feet. The crash occurred on adjacent it. Lewis of red us i m heavy infestation., aphids a Plant Heel arc Filiti cutting red Clover on Manv Henry county Ricard l. Thuma. County Sam director reigned wednesday. However Ihuoma Aid that in All Fields which he ha.-, checked a fungus disease with Tho help of lady Bretos will soon control til a lated Mississippi segregation Law j Hie annual Iris show sponsored More than .150 National guards thy the it. Pleasant woman a club men and Highway patrol non will be held wednesday. May 31. I ringed the Montgomery by. Term at the youth Center from i pm. Nal to protect the students while a to 7 . They boarded the bus Only a few exhibits will be accepted from a i bystanders watched from Aero. 7 30 a in. To to . Everyone in Ole Street. There was no evidence j Henry county is urged to bring Hay yield ,0f the mob that merciless a beat Iris to county is tile show. Mrs. B e. Ellis farms several of the students when they j of Ottumwa will be the judge. Exton-1 arrived Here saturday grounds about live Miles South of Mcchord Field runway. The 17th a apr thu victim Wadi id on Arr .a1 at near temperature., Abo a 80 degree by madman g no i Tough humidity favor the Trowt one Man a listed a. Missing and four others were reported in t Rill of the fun up which kills the aphid them a reported. Farmers condition a Rill. Who Are Field Erbe vetoes two measures de checking their red Clover Man John Howard. Mrs. $ o x Ltd i Ltd it f of i ii Normal communications were maintained during Takeoff but that the plane then Plung d sharply shearing off Trees in dive to Earth tie Globe mail a carried a Eifim >1 seven and 15 army personnel returning to it. Sill okla aft i taking part in the army exert in l Plains at the Yakima Wash Tun g cuter the plane j a of we attached to the 63rd troop Oner Wing of Donald on a fort fat no names wet air Foree pc i in next of Kin. Moines a up a Erbe today exercised i Bould look for Light tan dead j fourth and fifth vetoes knocking aphid. These aphids have been Down Bills to reorganize the state killed by the fungus. Another sign Central committees of both Politi that the is controlling the Cal parties and to Clian aphid i. Tim pow in Green Ltd it Lor of civil procedure of to. T of the Active aphid. Pea in vetoing the s at Central aphid that Are not infected Arith committee reorganization measure t it fungus Are Bright Green in paired by the last. Tegl lat ure during the afternoon there will he a Silver Tea with or. Charles Notestine As chairman. Serving on the Iris show committee Are mrs. Lester Schuer Nian. Chairman mrs. Baron Crane. Mrs Ralph Shellabarger mrs. Hugh con Tad mrs. Harold Hulme or. Jwilliam Hoaglin mrs. O. T. Win i Chi mrs. Ired Abraham. Mrs. E. J. Nor Olsovi and mrs. Laura Cut a. Hie Rote appreciates receiving 50-year honorary diploma color lad beetles Erbe and their larvae Sam the present Law governing the a Oft bodied Black infect with redirection of members of Hie com and a Long pointed Abdomen ill Trees is entire adequate Quot eating the aphids arid helping Tike Cane clan changes Noli s. C. By the Ilion of Harold Larson mrs m w Munger. Tee for the even with m j mrs let sit r Schuer Nian and mrs Kermen in charge of Kenneth Hatch. I scene 111 the Day the or j j pot arc reduce the threat of Erious damage to i Lover yields. Thuma says that Harold Guilder. Or., of ten. Ion Entomol Ngi. T at lows Roe University recommend cutting of Fields heavily Dun Karn to. In tin of go Showa City Man held on charges of embezzlement it Hinson Rotl uns. Lyon Dies i Nevlee Felly at ged by u that Sion a i it is Hie very bigness of modern business w 11 be ii provides it pm it it Unity tor men to Rise because what is i it Huyid Aud paid for is experience not a family tree or a propitious marriage experience knowledge competence is sought wherever it May exist and us Given wide Range when n is found. Or. Fact in recent years it has become of difficult to find satisfactory Mala a cd Lal ability that a syst in of Stock options meaning participate on in ownership under spelt Ili it conditions been cd eloped to attract skillful management an Enterprise manage in ii seeks fringe benefits As labor does and usually gets such benefits As incentive pay. From the s endpoint of a mans future a fringe Benefit is preferable to a highly taxed salary. By this Means management participates in ownership. But by no process does ownership mud participate in Man-1 k. And k. To spend hours talking Iowa cd v. Iowa i i i Marlin d arc Nikina. 22. Low i City a. Anc. Ted today on chains of my $12,674 from the Domia Boot shop Here in Iman. A books i jux i at the shop is being held in Cit jail i lieu of $5,000 Botte i Johnson county attorney Iii pm Neuzil said the alleged pm Inzah i mein in i in re i Over a 13-Nionm Wai Chi Nott it nub Vici a resident b much n turned today from ii is Lyuu Mission to Asia with a Bursa of Hope and a n it the of warning Joh Iuan landed at % i lie 1907d to Vienna up president j Kennedy and bovid in mid Nikita j s. \ Are expected to up Igloi More hours in intimate talks on earn a it t i. Sia during their Summit Here 1 i Quot a next month official sources Aid today. The sources said arranemen.-1 had Bren made for the two to Graham has lunch tor tin r on 3 and 4 and spend both afternoon talking Drews in plane i world. Air Itiat f Iii cd i hav base Broma Man is married lather of two Chilynn and tilt Ile copy i port lied on tin Siart Tai May i Quot till ll1 Dill j to inc win onily to Lac a % m tin a of i a a11 a i he Ion it f in e i iou p1 m Ien Ken a in dig trip unit severe infection a c Blockman to locate Here Mouw a Iii in. My gement which has become strictly professional and trained. The need for skilled management therefore is urgent arid Calls for increasingly Hick returns. The Stock option is management a method of obtaining in estate providing return for i Hon their work. Copyright. 1961. Syndic Quot King features inc w in Peck an. Cha in London up american Blockman for extreme outline. Uti evangelist Billy Graham is suffer Luna expect to locate Here As inc from a severe respiratory infer soon , a Home car. In tion. His London doctors said today found he has been res id it Liet the physicians said they were temporal the last few w. K. And using antibiotics to fight the Fec now expects to move his an assistant to the 42-year-old Here from Osceola evangelist said Graham Hopes to be or and mrs Beck have thre Well enough to begin a rally in children. Mike 7, Briar. 5, and North England next week. Kith 3 Earl Edward i j expected la n 12 a i Day May 23, at South Harrison he was born i pin v omit v. I in. And Anna Oil april i he was Mal j who survive of his ii i aught t. M Wilson of m a Viv Sas do till i two sister my i Holt of Syf u Calif Hipa j in 1 or Lyons had lived ii Meda. Ca i i up a an waylay a f a pleasant funeral Sci vices w la Day at 2 pin. At the funeral Home Pritchard of Wayland i Ori Ouk de Uii to us a t 208 might arise to rough co orc. Redi net Iii Quot die of Gisla turf approved the bib Arter it had trimmed Iowa representation in the . House from. �,i0lt to even under the proposed aphids. I he regrowth co Mitre. Hon al then to prayed before ii is Man o inches tall if aphids or other in Els Arr causing damage. Chemical recommended of a aphids and other insects feeding on Coduri Lover arum Alfalfa Are malathion and Diazo non. Malathion Ili Ould be to. J at. T he rate of i. To 2 Point a of reorganization Bill and woman would have their eat. On Hie Central committees. Erbe Cai led the rule., of civil Robin a Roadblock to effective administration of Justice Iii the state Hie changes in the operatic a f in class of 1911 of i pleasant High Seii ocl will receive recognition at the High school commencement this evening the exert discs Are scheduled tor eight of clock. It Vin j r ree i i led that the 50-year Ella a of last year was Given recognition More recently the Cia s has been rent honorary diploma one cd the members Jessie 0,10 Ruth Robinson of Cleveland Ohio 1 has sent her appreciation Lor the honorary award. She writes to the Board of education. I a i accept my sincere appreciation for the honorary diplomas in connection with the 50th Grade i anon anniversary of the class of us of if to from it pleasant High school. I 21. 1886 in a on of Charlesll Lyon u a1 plea ant Emma Wolfe j greater Cleveland fronds will a a great Deal of Pride and satisfaction a Shin a do i Iran a i it. Pi1 born one 1 Josephine i. Vii i us Hildren and. A it Amie i i i More. 50 to 57 percent emulsify table con-1 civil Dowdin acres c i it rate pre acre. Dia Zinon should courts had Exren Recd in to i i is Alt Active at al to i i a or. Commended by see and i am showing it to be applied at the rate of u Pound High ranking Attoy and lowing it to in of actual Dia Zinon pre acre. Spray a members of the Lineal d Field. Houkal not by pastured while Frt. Us i a a or oven a a 1910 avoid contamination of milk and would nerd in a. Ai. It it Tny handling of c ass to or Yduate from the it at produced by cattle consuming Ca c Ttorp i i Mcourt he charged the High school now the Junior High Enki Htom approved by the two school first to Issue the High school houses would Only impede deposition of the we were the in to new the prayed roughage. Special Jill to h Ion. I was a steamfitter and Wayland and in late foil a it Ming to of was i Mem Dei of the methodist Church and of . Loo. No 8 of my be held Fri a i a cookes Rev j j. Officiating. War deaths in the thousands Washington Cpl Dent Kennedy will go joint Region of Congress thursday v us a special pre t Bel Ore a in person mess age the annual the target till to return to Tim 1960 commencement exercise >0 \ Are alter our graduation when we were Given miniature diploma Rod now the first class to receive lion or Aly diplomas. A Isnit that. Quite a record of firsts a Barile deaths in the War numbered 53,402, masonic conducted Tery. Graveside in fores1 litres will b. Home Eeme in Quot urgent National need a White House said today. Kennedy will deliver his 5.500 word message at 12 30 speaking to members of the House and Senate in the House chamber. The message will be an omnibus presentation covering a Broad Range of matters ranging from a taken by death i a. F to id i run of eau. I Howard a. Stone 002 wounded. In world War if the Battu deaths totalled 291,557. Dead from illness and injuries were 113.812 Ani 670.846 were wounded. Korean War Battle deaths num iowan a Bine to of my pleasant died at 2 40 . Wednesday May 24 it memorial lumbered 33,629 dead from other i pita i the body us taken to it Quot causes 20,617 and wounded 103,284 Weir cookes funeral Home Funer it should not be too much to a. K a1 arrangement Are pending Rio the family will Mew friends at Speed up in the space program to that a Ach person Wear a poppy on j arrival of a son Marie h Bioni hit fun. I in in the Quot. Up thing Danu tic acc Nonty matters Popov Davos a Symbol to the dead i of Park it in