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Mount Pleasant News (Newspaper) - November 18, 1958, Mount Pleasant, Iowa
The it. Pleasant news these Days i vo�?~-80�?Tno-272mt. Pleasant Iowa tuesday evening nov. 18, 1958 by George e. Sokolsky financiers and economists when it comes to a discussion of Money and Gold the economist thinks in Broad terms of the relationship of the total Economy of one nation to that of another and How that relationship might of feet the flow of goods and services and the Well being of Peoples. The financier cannot concern himself with so Broad a viewpoint. He is concerned with what the situation immediately Means to him As a business operation. Money in the United states is growing steadily cheaper As a Char j act Ristic of the inflation. Money is various things. It is a medium of Exchange. It is a receipt Lor goods and services it is a method of transferring wealth. It May have intrinsic value it it is supported by value it May have 110 intrinsic value if it is merely the product of a printing press. A government Bond is really ail equivalent of Money it is a Promise by a government to repay a loan with interest but 110 government issues such Bonds stipulating what kind of Money it will use to repay a loan. When a government is Strong and stable and its currency is secured by Gold it can usually borrow Money at reduced interest rates when a governments j economic condition is not too sound it must pay a higher interest rate. Such a rate As four per cent would be too High for the govern ment of the United states to pay. If a government in addition to a High interest rate has to pay a discount or provide a Premium its credit May be said to be bad. Government Bond therefore Are a better barometer than stocks As to the state of the nation. Stocks arc hardly a barometer at All. The experiences with inflation and with depressions indicate that very false conclusions can be drawn from the state of the Stock Market As Many people buy stocks because they believe that they Are a hedge against inflation also if a War is j in sight or an enormous budget is j prepared for defense purposes some financiers believe that whereas inflation May become spiral like a Tornado their equities May re-1 Mam stable if they Hae invested in War industries. They fail to ree Ognit two factors that the political economist can foresee one that in the event that War should come or the Economy should go out of hand political controls would have to be Stab i listed which would make their plans go awry secondly that it the Money of a nation is 110 Good it does not matter How much of it by Carrier 30# per week by mail vim per year rain and Strong winds strike Iowa accuse u. S. Of violations Henry county s share in the storm that swept the state evidently was confined largely to a heavy rain and to High winds that Bent numerous television antennae and broke Down a few smaller limbs. Rainfall wednesday afternoon and evening amounted to 1.05 inches to make a total of 2.14 inches for the 24 hours. Wind gusts were Strong and in addition to doing some damage to antennae May have damaged some roofs. T1 re were reports also of damage to doors. By it up iowans began a Large cleaning 111 today in the Wake of tornadoes High winds and heavy Rains which battered the state monday. The tornadoes struck Elkader in Clayton county and an area about seven Miles South of grinned in Poweshiek county. No serious injuries were reported but property damage Wras considered extensive. Too the most devastating blast was the Elkader twister it struck the Southern Edge of the business District about 3 40 p. M. And left a Trail of damage in an area about a Quarter of a mile Long and nearly two blocks wide. One resident described the twister As it approached the town from the Southeast As a it apparently set Down first on the farm of Curtis Englehardt Southeast of Elkader and then Rose up and swept into the town. Authorities said from 12 to 15 buildings All in the business distinct were damaged. Roofs were r ripped from stores facades tumbled Power poles collapsed and the streets were littered with Utility wires bricks and Trees. The roof of the Clayton county jail was swept away and pieces of it hurled into a tree where the chunks remained imbedded. A roof ripped from a downtown building was blown about 300 feet through the air and perched atop a Home belonging to k. H. Stiehl. Other areas reported near tor Nadia Force winds. The farm of Blain Rupe. South of Ottumwa was damaged while a farm House Southeast of Independence was moved off its foundation had its roof ripped off a n d windows smashed. Slate Republican women endorse mrs. Jack Wilson defense rests Many visit mrs. Jack Wilson retiring president of the state Council of Republican women received the endorsement of that group for a member of the National advisory committee their convention hold nov. 14 and 15 at the Kirkwood hotel in Dos Moines. A mrs. Wilson has served the state i Council in various capacities. She in trial of caril Fugate Grade schools Lincoln neb. Ltd the defense rested today in the trial of caril Ann Fugate 15, charged with helping Charles Starkweather on his mass murder rampage. Defense attorney John or Arthur completed his Case at. 10 25 a. 111. And tire state began pres open House w As held monday evening from 7 30 to 9 p. M. In the j it. Pleasant Grade schools. All j four Grade schools Junior High i Saunders Lincoln and Harlan reported a very Good attendance through the evening. The Pat groups of the different schools served p w Coffee punch cookies and Candy to the Public open House will be held at the High school not sunday. Russians in build up Over Berlin new mennonite Church a it. Pleasant a newest Church is this one pleasant View constructed by members of the mennonite denomination and recently dedicated. The Church in North it. Pleasant was sponsored by the sugar Creek Church. One has. This then is the most serious problem of the Day and the one that most closely affects the politics of the next two years. President Eisenhower has an unusual Opportunity he cannot constitutionally run for re election. He is Bounden to nobody he has fought for his party and has lost and is now under no obligations to fight further As a partisan he can View Public questions from the broadest standpoint of Public interest without giving any consideration to his particular supporters or partisans he need not worry about any special groups who May have helped him emerge to the presidency. He can design his program alone one Man against a tide of private interests if to save America controls have to be put pm Money and its movement i believe the president holds residual Powers sufficient to do As he sees fit. In a word As a lame Duck president Eisenhower can become truly great it he labors against inflation and puts it Down. If that requires a return to the Gold Standard then he can find a Way to do just that even if it Means temporarily a ceiling on wages prices taxes profits interest and everything else until a proper adjustment has been made. President Eisenhower now definitely has the widest Freedom of action and in the year 1958, he need consult no one in his own party and Only Sam Ray Burn and Lyndon Johnson among the democrats. He can go ahead and save the american Economy As he went ahead and crossed the English Channel to invade France. One Day the american people who now Lind the inflation As salubrious As a Miltown will discover the inflation and the damage it can do the terminal consequences of an inflation can be devastating. Copyright 1958, King features Syndicate a Panama canal zone insect called the a flying Walkingsticks gives free rides to tiny wingless female flip. Test flight of Atlas polluted air May cause lung cancer Washington. Up a the chief of the u. S. Public health service said today there is growing Quot circumstantial evidence Quot that polluted air is a cause of lung cancer. Or. Leroy e. Burney the surgeon general told a National conference on air pollution that dirty air also produces higher death rates for a number of diseases. Quot we know that lung cancer death rates in the largest cities Are twice As High As those in non Urban he said. Quot the Case has not yet been proved but the weight of circumstantial evidence grows heavier As research Burney called on the nationwide conference of scientific experts and civic leaders to explore ways of reducing air pollution. He warned that it would Quot invite disaster Quot or cause unnecessary Long suffering to wait for absolute proof of a relationship Between air pollution and lung cancer. Quot controlling air pollution will Cost big Money but it is an essential investment a he said. Law Calls Bendix strike was finance chairman As Well As a j mentation of rebuttal witnesses vice president and president. Dur the Case was expected to reach ing her term of office a Large 111 j the jury wednesday or thursday crease in membership was realized 1 caril occupied the big witness and now totals More than 12,000 members Detroit. Up a the United Auto workers Union today called out on strike 13,500 workers at Bendix aviation corp when negotiations failed to reach ment on a new contract. The Law represents Bendix workers at eight plants in new York. New Jersey Michigan Indiana and California. The incoming president mrs. E j Hennings has made 20.000 Active members her goal for 1960. The program included a report of the trip made to Europe by Willis and Helen Vanderburg As a part of the group who studied the common Trade innovations in that area. The talk by the Vanderburg the flying dutchmen together agree a with their pictures was informative As Well As entertaining. Inasmuch chair for More than an hour this j morning and continued under questioning by the county actor j Ivy to insist she accompanied 1 Starkweather 19. To try to save the lives of herself her Mother Stepfather and baby half sister. Starkweather has admitted killing the three members of cards family. Caril testified repeatedly she did not know they had been killed until after she was arrested. The county attorney asked if caril told Starkweather she loved cannot require electricians to have License As the Vanderburg spoke several him As they were trying to escape students to see matinee of play the Charm shop Quot Cape canaveral Fla. Up the spectacular and apparently successful Halfway flight of another intercontinental Atlas brought the powerful missile a step closer today to the Ocean hopping capability for which it was designed. The air Force did not disclose whether the Atlas the nations i first icbms achieved the objectives desired in the shoot late monday night. But if it did the next firing is expected to be an All the Way shot of 6,300 Miles. Finish work on gym floor the new floor in the new High school gymnasium has been finished and will be ready for use on Friday evening at the first basketball game of the season. The firm from which the seating was purchased will have workmen Here wednesday morning to install the seats on the first floor. The seating in the balconies was installed some months ago but the 1 work 011 the remainder had to be held up until the new floor was installed. It. Pleasant students of the 5th, 6th, 7th and 8th grades will see Quot the Charm shop Quot a wednesday at a special matinee at the High school at 1 p. M. There is no matinee admission charge being made by St. Michael s Guild which j is sponsoring the production. The Benefit performances of i Quot the Charm shop a will be thurs Day nov 20 and saturday nov. 22. Three Complete sets for the play add interest to the production. Treasured Antiques have been loaned by or. And mrs. Leo Kennedy. Or and mrs. Leo w Lovett or. And mrs. Keeth Mccabe the John belies family and Many others to furnish the stage in the style of the Early 19th Century. The first scene is a clock shop with Many heirloom clocks on stage. The next act is in Boston about 1830 111 an elegant mansion. The final act is a new England Home 20 years later. Not Only furniture but brie a Brae create authentic appearing sets. Youth charged with manslaughter fort Dodge Iowa up a Daniel Jones 17, fort Dodge today was charged with manslaughter in the death of another teenager in an unusual Auto Accident saturday night. County atty. Arthur Johnson filed an information against Jones accusing him of manslaughter in the death of Bruce Ludwig 15, whose mangled body was found in a ditch North of Here Early sunday. Jones still hospitalized with injuries received when his car crashed into a ditch late saturday night told authorities he could remember nothing of the Accident. Authorities said Jones car apparently hit Ludwig who had gotten out of the Jones car earlier along with another youth. The car then hurtled into a ditch and Jones was injured. Ludwig a body was not found until the next morning. Languages their Leport on the everyday happenings in the countries they visited were most interesting. Thi in pictures of the worlds fair at Brussels highlighted the evenings program. Or. Parker of Waterloo assistant to the state chairman gave the luncheon talk saturday. Attending from it. Pleasant was mrs. Wilson and mrs. Helen Virden who served j As credentials chairman for the j voting saturday. A yes because i was afraid would kill Quot she answered. Des Moines it up a the Iowa supreme court ruled today Iowa cities cannot require electricians to have City licenses. The ruling was issued in a Case involving the City of Mason City which passed a licensing ordinance in 1956 e l Zerble Mason City was convicted under that ordinance on charges of working he j As an electrician without a City i License. Will ask for civil defense Law berserk Sailor shoots shipmate Des Moines up a gov. Herschel c. Loveless said today the Iowa legislature will be asked next january to pass a Quot suitable civil defense Law to make an Iowa survival plan operative Loveless said additional state legislation is needed if the plan designed to save lives in Case of both natural or enemy produced disasters is to work. The legislature has been reluctant in recent sessions to enact a state civil defense Law. Convicts return to their jobs Jackson Mich. Up a convicts at the world s largest walled j Boston up a a full blooded Indian Sailor went berserk aboard the . Investigator Early to prison returned to their work , kidnapped two shipmates shot i Sig ments today indicating the one of them and fled in the wound-1 Southern Michigan prison sited Many a car to Providence. R. I Down strike has lost its Monica where he was captured. Tom the Navy said machinists mate fireman Raymond j. Lizotte. 22, 1 Poplar mont., had been scheduled to stand summary court martial later today for going awol. He was arrested Early today in Story of Henry county related at Farmers night the Story of Henry county advantages As presented in connection with the application for the agricultural Hall of Fame was presented at the kiwanis club meeting. Wilson Ervin made the presentation using the Large brochure prepared especially in connection with the application. He also showed the motion picture that was shown in this connection. This was Farmers night at the kiwanis meeting and some 25 Farmers from scattered Points Over the county w Ere guests. The program was praised by both the Farmers and the members of the club. Announcement has been made of new officers for the new year president Denis t. Jones vice presidents John Carter and Roger Galer treasurer or. Max dealt Board members Orville Allender Harlan a inter vere Bosh Art Alanson Elgar or. Ray Hanks William Hoaglin Harold Knedler and Charles Mccuen. Zerble appealed to District court which ruled the ordinance was invalid. The supreme court upheld that District court decision. The High court said cities have the Power to regulate All construction. However the court said in a unanimous opinion in this Case the now a legislature put a limit on the cities regulatory Powers. Berlin up a the soviets today accused the United states of violating the four Power status of Berlin by using it As a base for agitation against the communist world. At a rare news conference held at their East Berlin embassy the soviet said that u. S cold War activity in the City is a danger to peace and to All humanity a and must be too a soviet embassy spokesman demanded that the United states halt its Quot insidious two russians who defected to the West and then returned to the East testified they had been victims of american backed anti soviet organizations. A former deserter identified As a it i. W. Ovchinikov in a statement obviously prepared for him said american financed underground organizations in West Berlin violated the Potsdam agreement and the City a four Power status. Too items developed at the news conference brought no direct threats against the Western position in the City nor did they refer to soviet Premier Nikita Khrushchev a demand that the four Power occupation of Berlin be ended. But the news conference seemed to be part of the soviet build up for some sort of action against the City. Soviet embassy press attache Mahaska c county District court judge r g. Yoder ruled that bar j v be Burov said the conference tender Charles h. Garman who been called to Tell the world sold Beer to a married Man who was then 20 years old David Howe still could be convicted of Selling Beer to a minor. Yoder said that the Many a being married did not make him an adult As far As criminal prosecution is concerned. The supreme court upheld the ruling and said a Law recognizing married persons As adults applied in cases but not criminal cases. Civil Warden William Bannan said Quot the prisoners finished the breakfast and quietly returned to their jobs. The rest appears to by Bannan was questioning 167 inmates from the textile Factor downtown Providence after break j who he said started the rebel into a Home and fleeing with of action. These prisoners have the owners civilian clothes predicts farm assets to reach 200 billion tickets Are being reserved thursday and saturday at ther s drug store. F 0 r pan victim of the shooting was Ronald Hicks. 19, Atlanta who was shot in the lower right jaw. He was reported recovering after surgery at Chelsea naval their cells and if they wished Rock Island woman ruled insane been restricted to were to be asked to return to work should they he said they will face the prison disciplinary Board. 1 Bannan acted it a try Moi Ian i when about 300 inmate. Staged a their strike at the prison scene of a bloody riot six years As it. Rescue two Duck Hunters Hillsboro Man held to grand jury Rex Pete Miller Hillsboro waived preliminary hearing i 11 Justice George Means court tuesday morning on a breaking and \ entering charge and was bound a Over to the Giand jury under $500 j Bond. Miller is in the county jail in. Lieu of the Bond. He was taken into custody by the Hillsboro Marshall Early saturday inside Pitt Plummer a hardware store and lumber Yard. Fort Madison. Iowa it up a a fort Madison police officer and two volunteers braved four foot Waves today to Rescue two Young Illinois Duck Hunters from a Blind three Miles out on the Mississippi River near Here the Hunters Jack Keller 17. And Larry Coffman 19, both of Hamilton �?~111., were taken off the River scared and chilled but otherwise in Good condition. Police officer Franklin Simmons a fort Madison boat dealer John Odell and de Stucke. One of Odell a employees battled the High Waves whipped up by Gale Force winds in an 18 foot outboard Cruiser. They had to go three Miles both ways on the rough water to save the Hoys lives Rock Island 111. Up a circuit court jury ruled monday mrs. Ruth Steele 34, charged with murdering her two children was insane. State s atty. Bernard j. Moran said mrs. Steele would be a ironed Over to the Illinois Public welfare department for commitment in. A mental institution. A grand jury indicted mrs Steele on two charges of murder last week. Mrs. Steele a husband John a auditor found the children did and his w Ife with her wrists slashed when he returned Home from work oct. 17.the children Thomas. 9 and Becky. 7. Were smothered. Police baffled As to who beat Man to death Washington up i a the agriculture department predicted today the total value of u. S. Farm assets will reach 200 billion dollars by Jan. 1, up 7.1 per cent from a year earlier. Economists writing in the department s publication a the 1959 agricultural finance Outlook Quot said this improved credit and financial position a the result of higher in com 1 Farmers received in 1958, the further Rise in farm real estate values and the larger inventories of crops machinery and livestock which Farmers will have at the beginning of 1959. The estimated value of farm real assets for Jan. 1 compares with s 186.700,000.000 on Jan. 1, 1958. Admits slaying girl Friend 15 Chicago up a an unemployed Stone Mason monday night admitted slaying his 15-year-old girl Friend police said and then returned to her body in a Forest preserve three times to mutilate the victim. The admitted Slayer Charles Melquist 23, a lanky Man with sideburns and a Pencil Mustache threw suspicion on himself monday when he called authorities to report he had received a Telephone Call from the girl Bonnie Leigh Scott the night of her disappearance sept. 22. Authorities noted discrepancies in his Story and Melquist insisted on taking a lie Detector test. After several tests which showed he was lying Melquist broke Down and admitted smothering the girl and dumping her body in a suburban Forest preserve. A i done to know Why i did it Quot Melquist was quoted As saying when asked for a motive in the killing. Public about the cold War tactics used against the soviet Union by the u. S. May fire Back Washington up a the United states refused today to change any of its military flight schedules and made it Clear that u. S. Airmen May fire Back if they Are attacked again by the russians. This position was outlined after the state department disclosed monday that soviet fighter made forays against two u. S. Military planes one Over the Baltic sea and the other Over the sea of Japan on nov. 7. Russian fighters fired twice on the plane the Baltic. Simu lated attacks were carried out on the plane Over the sea of Japan. Neither plane was damaged. Show interest in sen. Gore plan report meeting wednesday 7 30 a report meeting on the Progress that is being made in the greater it. Pleasant Community Chest fund drive will be held at the Harlan hotel wednesday morning at 7 30 the following leaders and co workers will be expected to report at that time Pace setters and employees Federal. State county and City employees. Professional salesmen. Schools and Iowa Wesleyan College clubs and organizations. Des Moines. Up police Here remain baffled today As to who beat to death Raymond hoop j 67, a vagrant whose body was found two Days Aco in a Hobo Jun Gle along the Des Moines River by three teen age boys. The teen agers stood before a to but install wiring for decorations Washington up a the administration today showed interest in a democratic senator. City workmen Are making Good Progress on the installation of electric wiring and lights in the business District for the Holiday season decorations. Stolen car found the car of Ernie Bright reported As stolen from the Alley near the High school last wednesday was found several hours later 111 the parking lot East of hip shr we lice line up of 41 men monday failed to identify two suspects. Twenty seven of the 41 men rounded up for showing were Given a a a five Day jail sentences in Munici j pal court for vagrancy. The other goal line club 14 were released after questioning the boys found hoops body to meet wednesday sunday. They recognized him 111 a a. Police photo and said they had seen him lying 011 the ground near a Bridge last thursday. The boys said there were two other men with hoop at the time but could not pick them Oil of the Nolice line up the goal line club will meet at he Sheaffer quonset wednesday at 30 p m., according to Art Young. Predicts record Holiday spending Washington up a a government economist predicts Christmas spending will reach a new record High this year. The Holiday business spurt w ill get 1959 business activity off to a tary of state Dulles. The presi j Start by stepping up demand a plan for a three year suspension j of above ground nuclear tests by the United states. Sen. Albert Gore d Tenn. Tried to sell his plan monday to president Eisenhower and Secre Dent aled for a detailed memorandum and Dulles was a very interested and appreciative a Gore said. Lilacs growing or and mrs. James Pitzer of it pleasant route one. Have lilacs growing on a Bush directly beside their House. The blossoms made it president of the organization. Films before the freeze quite a number of the Iowa Wesleyan Dubuque of blossoms were on the sprig football game will be shown. Brought in to the news. For replacement stocks in retail stores Louis j. Paradise told the agn culture departments 1959 Outlook conference monday. Paradiso assistant director of the Commerce departments office of business economics said his forecast of record Christmas spending this year was based on the fact that Holiday business usually reflects the personal income Levels of recent months. Personal income has been at record Levels recently
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