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A WEEKLY NEWSPAPER
Published Every Thursday, Dated Friday_
Breach office for local news only, 2420 Grant St, Omaha 11, Nebr.
lacosd-daas mail privileges authorized at Omaha, Nebraska,
C r ^aiT-DWAY_.^_Publiaher and Managing Editt*
(MEMBER)
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t STANDARD NEWS SERVICE
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la these newa services. _
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J Tight Money
- There is probably as much money in circulation in the U. S. now
as there has ever been. But we hear constantly about money being
tight.
‘ What does it mean?
w Not a scarcity of money itself, but a high demand for loans. The
expansion of business and industry must be financed by loans in one
form or another. Expansion is now going on at a tremendous pace.
.Hence, the pressure on banks for loans. „ m ^
The statement frequently pops up in print that small business
jnen find it difficult to borrow. A survey of Midwest loans made by
the Federal Reserve Bank of Chicago* reveals that 90 per cent of
putstanding loans are to small companies. Figures complied \/y Cali
fornia's largest bank show that in the decade since World War H, it
has made over 370,000 loans for more than one billion dollars to small
enterprisers for working capital, and the purchase of commercial cars,
'trucks, and industrial equipment. It is said that even in the largest
banks the small borrowers get over three-fourths of the loans.
There is certainly a willingness on the part of bankers to lend
money. The problem is to get enough to satisfy the demand. Banks
must depend mainly on deposits for funds to lend. Deposits are high,
but must be increased to meet the need. That’s why thrift is being
stressed more and more. Saving money is not only essential to per
sonal security, but it has become vital to the national economy.
1 The love of money may be the root of evil, as the Bible says, but
the lack of money—that is, enough money—is the root of a good many
-troubles, too.
A National Obligation
Recent events in Mansfied, Texas; Sturgis, Kentucky; and Clinton,
Tennessee, are not ones to make Americans feel proud. Or to convince
people abroad that this is the “land of the free.” But the belligerent
pro-segregationists do not represent America. In some cases they do
not even represent the communities in which they operate. In Clinton,
.for instance, it is reported that white parents were overwhelmingly in
favor of admitting Negro children to the schools with white children.
.The self-invited race baiter who led the resistance to integration in
that town, landed in jail on a one-year sentence. Unfortunately, the
spotlight always plays on those places where strife occurs. Little is
heard of the hundreds of communities where without incident hundreds
of thousands of Negro children have begun attending classes with
the whites. Sudden changes from the customs of centuries, do not al
ways come easy. Court decisions, however just, do not readily change
people’s views, which have been impose ! ju them from infancy. Wis
dom and patience is needed by both races in working out the problem's
^of integration. The problem in the South, is not exclusively the
^South’s problem. All America has an obligation to practice greater
^tolerance—both tolerance of majorities toward minorities, and minor
ities toward majorities.
o’_
Fresh Approach Needed
-t “The United States is fortunate in having the nru^st productive, tfie
-most efficient, the best equipped, and tJSe dynamic agriculture in the
1 world. Our primary objective must be to preserve these dynamic
qualities. If we are to do this, we must eventually terminite a quarter
t century of futile and damaging price fixiig for major farm products.
i We must reverse the current trend toward the external dumping of
r farm products.
Dependable markets for farm products cannot be built on the basis
of open or concealed export subsidies or multiple price systems. De
1 struction of potential markets is a more likely eventual result of such
i programs. The price fixing, production quota in agriculture, including
'■ the soil bank, leads progressively toward the governmentalization of
agriculture in our most productive farming areas, and to the rationing
of poverty in the disadvantaged farming areas.”—Jesse Tapp, agricul
tural expert.
In Forty Years
ti Back in the World War I era, a Tennessee groceryman got a new ,
idea. It was to open a store “where everything could be handled with .
minimum effort.” The result was the first self-service store. Com
petitors hooted—which always seems to happen in the case of new
’ideas. But within a week the groceryman was issuing tickets to control ■
traffic. The store prospered, other stores were opened, and a chain
system was born.
This year a celebration of the 40th anniversary of self-service is
being conducted by a chain store association. Other groups and in
dustries which will participate or are invited to do so include pro
cessors, manufacturers, educational institutions, apparel stores, publi- (
cations, farm organizations, and others.
Self-service now represents almost 00 per cent of total retail
fbod stores sales in this country and rapidly is spreading in the other
1 principal countries of the world. It is also increasingly influencing
.{/other kinds of retail business, such as the variety stores. It's purpose
»;is to give consumers, better living at the most reasonable possible
». cost.
It The philosophy of modern retailing is found in a simple set of
4.operational principles—large volume, fast turnover, and small unit
to profits. These profits amount to about a penny on the sales dollar
for food chains, and only a little more for other leading distributors.
* Mass distribution, like mass production, is one of this country’s great.
, act material contributions to humanity.
-<
h
* Ord recognized Fire Prevention week last week by honoring
i. 21 members of their fire department who have given long ser
viC(i Twenty-year pins and personally engraved fire axes were
b given a number of the men who had served the department the
longest time. The engraved axes will become treasured keep
si sakes commemorating their work in the Ord department.
* * *
At David City, that town’s oldest businessman was also re
ceiving honors for his many years on the job as a retail hardware
merchant. R. W. Zeiliager, 84, received a gold plated hammer
. from a tool manufacturing company for having served the people
I J
Heintz Is
Director of
Bond Sales
Omaha. Nebraska—Frank B.
Heintze, 2304 North 50 Ave., of
Omaha, took his oath of office
today as state director of the U.
S. Treasury’s savings bonds di
vision for Nebraska.
Appointment of Mr. Heintze was
made October 15 by Mr. John It.
Buckley, national director of the
U. S. Savings Bonds Division,
Washington, D. C. He fills a va
cancy created by the resignation
of Glenn C. Cunningham, last
April.
Mr. Heintze was administered
his oath of office by Sylvia A.
Moore, office manager of the Ne
braska savings bonds division.
The ceremony took place in the
office of Mr. W. & Millard, Jr.,
President of the Ofhaha National
Bank. Mr. Millard is State Chair
man of the Nebraska Savings
Bonds Committee.
A native and lifelong resident
of Omaha, Mr. Heintze served two
terms as Nebraska State Treas
urer (1951-55). Prior to that, he
served as Deputy State Treasurer
for 8 years.
Except for service in the U. S.
Navy during World War I, Mr.
Heintze was actively engaged in
the real estate business in Omaha
between 1911 and 1943.
A charter member of Omaha
Post No. 1 of the American Le
gion, Mr. Heintze is past com
mander and was a member of the
executive committee for over 20
years. He also served on the fi
nance committee and has been
chief greeter for the Omaha Post
for state and National American
Legion conventions.
Mr. Heintz has been for 40 years
a member of Ak-Sar-Ben, a civic
group that sponsors the famous
Nebraska livestock show. He Is
also a longtime member of the
Nebraska Real Estate Association
and has been active in many
civic enterprises.
Nebraska has a 1956 sales goal
of $99,500,000 in Series E and H
savings bonds, of which 76'» has
been attained as of the close of
September.
Free Course In
Amateur Radio
Because of the degree of in
terest and enthusiasm shown in
the past. Wortd Radio Laborator
ies will continue offering courses
in Amateur Radio. These classes,
right in each series, present both
the practical and simple, theorre
tical side of the Amateur Radio
hobby, and prepare the student
for taking an examination for iris
Novice License and eventually
going “On the air!"
Classes meet on Tuesday and
Thursday evenings from 6:30 to
8:30 p.m. at World Radio Labora
tories 3415 West Broadway in
Council Bluffs. Instructors arc
licensed “hams.” Classes have a
bmited enrollment, in order to
allow maximum individual at
tention.
The next scheduled course be
ins Tuesday evening, October
30th. Anyone beyond the age of
10 years, who is a citizen of the
United States, may take this free
instruction and the necessary ex
amination at the conclusion of the
course, to obtain his operator r
license and station call letters.
Registration prior to the first
class may be made at World Radio
Laboratories, or by phoning Jack
son 0348 or Council Bluffs 2-0277
and making arrangements with
Jim Noland.
-
of David City for 64 yeara. The Banner-Press showed the veteran
hardware dealer holding his gold plated hammer mounted on a
j board. '
• * *
The Keith County News, published at Ogallala showed pictures
last week of the old town of Lemoyne which has just recently
been uncovered by the receding waters of Lake McConaughy. The
town was flooded fourteen years ago when the gates on the dam
were first Hosed.
Folks who were acquainted with the town are finding mr»y j
things of interest. They have located some of the street signs,
the foundations of familiar business buildings and a few such
things as old license plktes, a bed spring, a hooa from a Model T
and the scale pit at the lumber yard. Most remarkable of all has
been the' find of an old pump which still works and brings water j
up from the bed of the now-dry lake. The drouth has made the
water behind the dam at a record low,
• • •
£ mg,
A rancher near Bassett, who has his owi^ private herd of
buffalo, furtishgd the meat for a stocker-feeder banquet there
^st week, according to the Rock County Leader. The ranchcr*s
bfaffalo fed 1000 persons who attended the affair. Members
of thefBassett Lions Club were the prime movers in the barbecuing
of thelmeat.
The ranchers enjoyed the buffalo meat despite the fact that
the dinner was being sponsored by the Sandhills Cattlemen s
association and was being participated in by men who raise cattle
rather than buffalo.
• • •
Plans are going forward to build a new rest home at Alliance,
the first of its kind in western Nebraska. The home, which will
provide housing for thirty aged persons and will he built and
owned by a newly-formed corporation under the name of Rest
Homes, Inc. Plans are on the drawing boards to build similar
homes in other towns soon, it is reported. Chadron is one of the
towns under consideration.
• • •
An unusual development at Aibion kept the City Council
scratching their heads last week.
It seems that two men bought a city lot, each anticipating
using half of it. Then it was discovered thit on one half there
was a water faucet-and on the other half was the meter which
recorded the water going through the faucet.
Each man wanted a faucet and thfe city decreed that each man, j
therefore, must have a met»r The catch to it all was that there ]
was a $35 charge by the water department for installing the extra
meter. Who should pay? The man with the faucet said the meter
belonged to his faucet. The man with the meter claimed owner
ship because it was on his half of the lot
After quite a hassel it was finally agreed that the city would
install an extra meter and each man should pay half. Thus, the
city won, but neither man won nor lost.
• • •
The Albion High School band took part in the Grand Island
Harvest of Harmony last week, competing with bands from a
dozen or more other schools in the Grand Island area.
• • •
Aurora voters went to the polls Tuesday to vote on a $183,000
bond issue proposal to build a new school. The proposed building
would replace one which was burned down several months ago.
The new building will cost $283,000, there having been $100,000
worth of insurance.
The Aurora voters have little choice in the matter. They
have no school building and must provide one.
e • •
Betting at the new Atokad race track at Dakota City has pass
ed the one million dollar mark, the Dakota County Star has reveal
ed. The season, which is the first for the track, ended last Satur
day night and was termed very successful by the management.
The 20-day racing program brought an average of nearly $65,000
of betting money. Salaries paid out during the run amounted to ‘
nearly $40,000.
• ♦ •
At Scribner, the Scribner R”'tler is seeking east Nebraska’s
largest cottonwood tree. The Rustler has found one on a nearby
farm which has a trunk circumference of 22 feet, 5 inches and
has issued a call for a larger cottonwood, if there is one.
Anyone around here have a cottonwood of such dimensions?
• • *
A farmer at Pawnee City shot a possum last week and then
discovered that the animal had a glass collar around its neck. The
Pawnee Republican surmised that it some time, the possum had
gotten caught in a glass jar and had managed to break off the jar
but could not get rid of the glass rim around its neck. Wear on
the glass indicated that the possum had carried it for quite a time.
• * •
A boys home at Diller, known there as “The Hill*’ has closed
as an institution and will be given over to other uses, the Fatrbui/
Joumal announced last week. Unknown to many, the home for
boys had been in operation for 18 years as a part of a grant in the
will of the late A. H. Coleman who at one time was one of the
richest men in Jefferson county. The Coleman Foundation, which
was created at his death, stiU holds 2200 acres of rich farm land,
the revenue from which has been supporting the boys home.
Abandonment of the plan to continue the Boys Home has
been prompted by the expense of carrying it on and lack of funds
with, which to do the work.
The Last
Word
By Elizabeth Davit Pittman
The role of Public Defender
is particularly important to the
welfare of a glowing community.
He plays the part of protector
and defender to hundreds of in
dient and persons who would,
otherwise, go without a propon
ent.
This election year of 1956, At
torney Ralph W. Adams is the
Republican nominee for the office
of Public Defender. This political1
party has recognized the m«it
and experience of this graduate
of the University of Nebraska
Law School. Wise in the ways of
his total community, Mr. Adams
has had experience with the Of
fice of Price Administration dnd
in the private practice of the law.
He has lived in the State of Ne
braska aii of his adult life andf is
the brother of the former stCte
lesislator. Senator John Adatis,
Jr„ and the son of the present
Senator John Adams, Sr. He is
the father of seven children and
his wife has also participated, in
community affairs.
Mr. Adams is without peert in
the traits of integrity and sincer
ity and the voter would do ifell
to consider his many years i of
legal experience. He knows Ihe
whys and wherefores of the |*o
secution as well as the defense
and it would behoove the voter,
regardless of party, to meet khe
challenge offered by putting this
brilliant young attorney fcto
public office.
Mr. Adams has made only j
promises of efficiency and -de
votion to public service if i he
achieves his goal in this election,
and an “X" in the ballot box tfor
Mr Adams will be a vote for pro
gress in the community.
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JACKSON B. CHASE
Re-Elect for Another Term at
f DISTRICT JUDGE
8 Years Experience as a District
Judge —1946-1954
• Native al Nebraska
• Omaha Resident Since 1923
• War Veteran
• Member ol Congress 195S-19S6
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•*» n0U4 tfeiier
our Present and Experienced
District Judges
James T. English
Carroll O. Stauffer
L. Ross Newkirk
James M. Fitzgerald
Arthur C. Thomsen
W. A. Day
James M. Patton
Patrick Wm. Lynch
Herbert Rhoades
ALL SEEK ELECTION
' The Public Is Entitled jo the
Services of Experienced Judges
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• _ *
His Fine Record Of:
Training - Experience - Honest Thought
Adds Up To:
Glenn Cunningham for Congress
In his 20 years of public service, both as a full
time, elected official, and as a volunteer, Glenn
Cunningham has earned the popular support
of the people he has served, and the respect of
the people he has served with.
Twice Mayor of Omaha, volunteer and leader
in the Chamber of Commerce, Omaha Safety
Council, Treasury Department, winner of Ne
braska’s Outstanding Young Man of the Year
Award, he is the young, experienced man we
need in Congress.
LET'S ELECT
GLENN CUNNINGHAM
this ad paid for by Cunningham for Congress Committee
Sam Reynolds, Chairman
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