Newspaper Page Text
OL. XXXIX. No. 5.
New Chevrolet Will
Be On Display Dec. 17
Chevrolet’s new 1933 models
will go on public display, Satur
day, December 17, it is announced
by company officials. Plans call:
for simultaneous showing at all
of the company's more than
10,000 dealer showrooms in the
United States.
For the building up of parts
banks, Chevrolet manufacturing
operations have been under way
since October, with full qoutas of
men now back in the foundry and
manufacturing plants. First pub
lic display of the new cars will
add the 36,000 members of the
sales organization to those other
thousands already employed on
the new line.
Dealer orders for the first con
signment of 50,000 display cars
have already been placed, and
many retail orders have been re
ported placed with dealers in
parts of the country, according
to H. J, Klingler, vice-president
and general sales manager. He
stated, however, that it was still
too early to attempt an estimate
of total retail orders now on
hand, inasmuch as his company’s
policy has been to receive field
reports only at ten day intervals,
and those reports cover only
tual deliveries of cars to
sinners. He said, however, that a
noli of pre-announcement
is now being taken to determine
the volume of orders from re
tail purchasers, already on hand.
A Country Editor
Looks at Banking
•M^HE editor of the Norwalk, Ohio,
* Herald takes a somewhat different
view of the banking situation from a
good many people. His idea is as
follows:
“With rents falling an<_ unpaid, real
estate does not present a happy pic
ture. Nor does the owner of care
fully selected bonds feel any happier,
with a bunch of them going wrong. A
lot of folks very carefully invested in
preferred and common stocks in the
finest companies in the world and have
seen them fall to perhaps a tenth ot
what they paid for them, and no div
idends at ail. Some folks kept their
money in savings accounts in banks,
and some banks have closed and left
them high and dry. But the situation
Is worth looking at very carefully.
“On government authority, most
banks that closed were really solvent
but for frozen ssets and popular
timidity. Gradually the closed banks
are coming out from under and de
positors in even bad cases will get at
least 50 per cent of their savings.
That’s tough of course; nobody likes
to lose half of what they had scrimped
and sacrificed and saved. But when
you hoard and stick the roil ot bills in
a coffee pot or under a mattress, some
plug-ugly comes along and burns your
feet till you tell him to take it and
welcome.
“And what about the great majority
of banks that weathered the storm,
met all comers and are doing business
1 as usual, carefully and conservatively,
but safely? Wba' about the savings
In those banks? They are a full 100
per cent today—ai:d they are the only
thing we know of at 100 per cent any
where. After all is said and done, a
good, well managed bank is stilt the
best place in all the world for money
or savings. Right now in Ohio the
banks pay the taxes on all savings and
pay their depositors net interest on
their savings. We can’t think, just
now, of many other Investments that
are a tenth as safe as a savings ac
count in a solid bank Why, even a
savings account in a closed bank is
actually worth more today than most
stocks."
“Slow but Sure” Joins
Other Discarded Myths
One continually hears of the slow
but sure, and yet the laboratory re
sults of the last eight or ten years
show the slow but sure man Is al
most a myth.
The group who finish a test with
laboratory apparatus In less than a
minute make fewer mistakes than
those who take more than this time.
The group who take under a minute
and a half make, in turn, fewer mis
takes than those who take longer. \
One can, of course, find exceptions, <
men who rush through and make mis- j
takes and others who go slowly, care
fully and correctly; hut even Includ
Ing the exceptions, the fast group Is
accurate, the slow group inaccurate. j
On combining the time and the errors,
the best man proves twenty to thirty
times better than the poorest.—John
son O’Connor in the Atlantic Monthly, j
GIBSON RECORD
Published to Furnish the People ot Glascock County a Weekly Newspaper ffnd as a Medium for the Advancement of th Public Good of the
e
NATION'S LAW MAKERS
SEEN AS HARD WORKERS
Banker Tells of Labor Put in
by Members of Congress on
Mass of Technical Measures
C UTLINING legislative procedure,
Robert V. Fleming, President Riggs
National Bank, Washington D. C., gave
the recent convention ot the American
Bankers Association a description of
the difficulties and problems confront
ing the law-makers. Mr. Fleming said
In part:
"The most important part of organi
zation of the two branches of congress
is election of standing committees.
There are 34 standing committees in
the Senate and 4S in the House. These
are the workshops of Congress and the
real work of lawmaking is done ir.
Committee Rooms.
“The task of legislating for 124.000.
000 people Is a tremendous one. Of re
cent years approximately 20,000 bills
are introduced annually in the two
Houses. Only a small percentage be
come law, but they must be weighed in
committee, accepted or rejected, per
haps amended, reported out, and then
considered on the floor.
“Lawmaking involves about 99% of
hard and unspectacular work and
about 1% of oratory. Few tasks ap
pear so easy and are so difflcu't as en
actment of sound and satisfactory leg
islation. Few individuals In any line
of activity work harder or longer hours
than the chairmen of the important
committees during a session. I have
great sympathy for the members of
Congress whose constituents expect
undivided attention to every piece of
legislation In which they way be inter
ested. From my personal observation,
they earnestly and conscientiously en
deavor to do all that is humanly pos
sible.
Public Hearings
“When a bill is Introduced, referred to
committee and printed, the next step,
If It Is a measure of considerable im
portance, Is to conduct a public hear
ing. The committee makes an effort to
listen to anyone who cares to be heard
either for or against a measure, al
though witnesses are frequently limit
ed as to time. Members of the Cabinet
and other officials ot the administra
tive departments of the Government
usually testify on measures in which
they are interested and furnish the
committee information In executive
session or otherwise. In this way the
Administration takes a prominent part
in shaping legislation,
"Due to pressure of work and the
fact that it is impossible for members
of Congress to be technical experts on
every subject of legislation, the com
mittees are inclined to give considera
tion to the merits of arguments pre
sented in testimony and the recom
mendations of the Cabinet and other
officials. It is therefore highly desir
able, both from the standpoint of Con
gress as well as those affected by pro
posed legislation, that the latter have
an opportunity to discuss frankly the
effects of such legislation.
“We sometimes complain about the
technicalities of legislation, but when
we observe organized minorities en
deavoring to force class legislation
through one House it is a comfort to
know such measures may be caught in
the meshes of technical procedure in
the other and there suffer what is
termed automatic asphyxiation.”
Bread May Be Claimed
Oldest of Human Foods
In the ages since history was first
written we have heard about bread
from every country in the world.
Egyptian statues made 6,500 years ago
show slaves up to their elbows in
dough, or dancing upon it barefooted.
Persian housewives plastered their
dough on the outside of a clay (now a
sheet iron) oven surrounding a char
coal burner, and baked it pancake
fashion. In parts of Brazil the na
tives still pound out their grain with
clubs that look for all the world like
policemen’s clubs.
For centuries only dark bread—
much of it very heavy and coarse like
the hefty four-pound loaves from the
Black forest of Germany—was known
by the people. Then one day a ca
pricious English eari planned a ban
quet with a white color scheme und
ordered his cook to give him white
bread. How the cook managed to sift
out ail the chaff and save bis head is
a mystery, but he did, and the innova
tion was a huge success.
For a long time white bread appar
ently was confined to the use of the
church, where it was made In the con
vents and monasteries and offered in
the service. Then gradually the un
blessed bread was sold to the nobil
ity, and as wealth developed, baking
was removed from the convents and
taken up hy the lords.
Brighten the Oilcloth
To brighten oilcloth wash it in two
tablespoonfuls of salt to each cupfui
of hot water required.
GIBSON, GA„ WEDNESDAY, DECEMBER 14, 1932
Ain’t It The Truth?
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Individual Hog Houses
Earl Knebel, Iowa, writes^. “Our
Individual movable hog houses 5 by 0
feet can be built complete with board
floor at a total cost of $11.50 each.
These are A-shaped and do not need
farrowing rails to preveffi the sows
from lying on the pigs. They were
made of rough lumber and stained
with crank case oil to preserve the
wood. Our ten sows farrowed 86 pigs
and not one was killed by smothering.
"To prevent the smaller ones from
being robbed, an individual pen was
made for eacli sow of light 0 by 10
foot gates or panels, which were
wired together so they could easily
be moved or taken down when not
needed. When the pigs were a few
weeks old they were allowed the run
of a 40-acre field of clover with run
ning wuter, by turning the panels up
side down with the wider spaces at
the bottom. These pigs were to be
talsed on clean ground, so the sow’s
feet und udders were scrubbed with hot
water and soap before being hauled
to their new quarters.”—Wisconsin
Agriculturist.
“Buy, use ann wear cotton ’’
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— .... . ....., a
Olin Dntra of Santa Monica, Calif.,
who won the national professional
golfers' championship in the tourney
at St. Paul.
If you have anything to sell,
try a small ad in this paper.
SUBSCRIPTION $1.00 PER YEAR
Point Long in Dispute
Solved by Cld Trees?
Further proof that Nortli America
and Asia were once joined or were
parts of the same continent lias been
found in northern Alberta, Canada.
Remains of trees said t'v. be , from
fifteen to twenty million years old. yet
perfectly preserved, were found in
sticky tar sand near Fort McMurray.
Gnarled branches and trunks of trees
that could be whittled with a Jack
knife, and even the leaves and the
insects that fed upon the leaves, were
in a good state of preservation, thanks
to the air-tight embrace of the tar
sand. Not only are these ancient trees
far older than any previously discov
ered tree remains, but they are Said
to lie the only known deposit ot Juras
sic period vegetation in its original
state. The remains were discovered
by the engineer of the Canadian fed
eral department of mines, who is an
authority on bitumen deposits.
The Law It Reason
Reason is the life of the law; nay
lie common law Itself is nothing els
"it reason.—Coke.
RISK CONCERNS HIT
BY JEWELRY THEFTS
$60,000,000 in Gems Lost or
Stolen in Year.
New York.—These are sad times for
Insurance adjusting companies that in
vestigate loss or reported loss of Jew
elry. The Insurance companies, it
seems, are having to pay and pay and
pay—more so than ever before in the
history of the business.
It is estimated that from $55,000,000
to $00,000,000 worth of jewelry was re
ported lost or stolen last year and in
nearly all of the cases the claims were
paid. The percentage of recovery was
just about one-tenth of 1 per cent.
But that is not all. The number of
false claims is greater than ever be
fore and In the majority of enses the
companies have to pay just the same,
being unable to obtain positive proof
of fraud, even though the circum
stances are suspicious.
Many Cases Frauds.
An executive of un adjusting com
pany in John street —a company that
represents fourteen of the largest in
surance companies in the world—says
at least 90 per cent of the reported
disappearance of Jewelry in 1931 was
false.
Such losses fall in the category of
“mysterious disappearances” of jew
elry, and last year saw an increase of
about 50 per cent in the number of
these strange, inexplicable disappear
ances, claims totaling approximately
$600,000 for the country at large. Most
losses, however, were reported in New
York city.
“As 1 said, we have reason to be
lieve that at least 90 per cent of such
claims are false,” said the executive,
who asks that Ids name he not used,
“but we seldom are aide to prove the
fraud so we try to effect a compromise
to avoid litigation.’’
Old man Depression, who never Is
let out of anything these days, gets
tlie blame.
“Most of the losses are reported by
persons at one time wealthy,” the ex
ecutive explained, “but who have had
reverses. Ever so often we get claims
of losses almost Immediately after
serious reverses in business. Such
cases look suspicious on the face of
them nine times out of ten, but, as
usual, proof is lacking, so we pay.”
Tn only one case the company
handled last year did the claimant, a
woman, confess fraud. Her reported
loss was Investigated so persistently
and she was questioned so thoroughly
that she finally wilted and admitted
her jewels were nestling in a vault,
safe from loss. The claim was dropped
and the Insurance compnny obligingly
forgot to prosecute.
In addition to the “mysterious”
losses, this particular company handled
claims totaling close to $1,000,000 ns
the result of holdups and burglaries
tn 1931. This represents an increase
of about 75 per cent over 1930.
Claims Falling Off.
“Claims have been falling off stead
ily this year,” the executive continued,
“mainly because so many were pressed
in 1931. Last year we were getting
an average of 100 claims a month.
People once wealthy became hard up.
Suddenly their Jewelry disappeared.
In most cases there were suspicious
circumstances, hut in the absence of
proof we had to pay.
“You see, most Jewelry policies are
written to Insure against any sort of
loss, and losses are difficult to check
up. A woman can say she accidentally
dropped her bracelet from a ferry
boat. VVhat can we do? Flow can we
prove that she did not! We have to
pay the claim.”
Another unusual aspect of the busi
ness since the depression is that al
most Invariably those who have sup
posedly lost their Jewelry refuse offers
of replacement. They want cash. The
companies usually offer to replace the
lost or stolen jewelry, but last year
only 5 per cent of the claimants ac
cepted the offer.
Smilin' Charlie Sqyl
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