The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Evanston, II1., Oct. 23â€"The chief topic of conversation now is: what is the meaning of the toboggan slide d:hmdunlanmduyurb ets Most of us do not own‘any securiâ€" ties, and even fewer of us have any direct dealings with Wall Street in the, buying and selling of stock. We are not immediately affected by any slump in security values. But we appreciate that banks and insurâ€" ace companies where we have our small family savings are dependent upon such values. And, with some forebodings we recall a stock market bresk in 1929 and these subsequent years of economic depression. _ by Railph E. Church Illinois Representative in Congress While Wall Street is not blessed with clairvoyant powers, it is in inâ€" timate touch with what business has been doing and its present state of activity. Notwithstanding its shortâ€" comings as a true economic index, Wall Street is looked upon by the average American as something of a barometer of business. When marâ€" ket values are consistently rising, we are confident and optimistic. When market values decline, we beâ€" come concerned and apprehensive. Naturally, as Mr. Average Citizen, even though we suffered no financial losses from the slump, we became alarmedâ€" with this recent wave of selling of securities. _ a THURSDAY, OCTOBER 28, 1987 ‘To attempt to evaluate the conâ€" tributing factors to this precipitous decline in stock values is a hopeless task. In the past week I believe I have seen no less than a dozen difâ€" ferent explanations, each emphasizâ€" ing one cause or another. Here are some I recall: announcement of a marked drop in steel production, laâ€" bor difficulties, war news, the New Deal capital gains and undistributed earnings, tax, faulty regulations by the Securities and Exchange Comâ€" mission, overâ€"regulation of business by the government, prospects for still further regulations and inâ€" creased taxes, and announcement by the President of a larger deficit for the current fiscal year than he anâ€" ticipated. _ 5 Nee As this is being written there has been a rally in the market values. Perhaps the recent break was largeâ€" ly a case of "jitters" to speak. Whatever the reason, the event should serve to indicate . to the American people that the two most important elements for sustained economic recovery in the United States are lacking. They are: cerâ€" tainty and confidence! Rather than foster those elements the policy we have been followingâ€"has tended to destroy them. Our social objective is "the greatâ€" est happiness for the greatest numâ€" ber." Our immediate problem has been to provide jobs and improve the standard of living. It remains unsolved largely. because we have not looked at the problem realisticâ€" ally but rather experimentally. . To have employees you must have employers. To have wages you must have‘ profits. â€" To have profits you must have investments and sales. To have investments and sales you must have confidence and a certainty as to the future. All that is eleâ€" mentary, but it demonstrates that certainty and confidence lie at the very basis of our economic system. One does not borrow unless he is confident he can repay, nor does one loan unles he is confident of repayâ€" ment. One does not buy or sell unâ€" les he is confident he can pay or be he is confident of a return on his investment. Those elementary facts apply to each of us as an individual as well as to business generally. When we come to seek the reason . why there has not been greater ecoâ€"‘ nomic recovery and why in recent. months business has declined, the | answer is largely to be found in a lack of confidence. And one of the greatest contributing factors to this lack of confidence is the instability This Week in Washington Plant Now to Bloom Next Spring. We carry a complete assortment. Also Perenâ€" nials and Shrubs, Fertilizers and Grass Seed. Visit our Modern Flower Shop and you will find much of interâ€" est at our Greenhouses with over 6,000 Chrysanthemums coming into bloom. Flowers by wire to all parts of the civilized world over Telephone 3420 and ailways bear in mind that our Informaâ€" ton Burean is at your service with free suggestions in regard . to your Garden Problems. F 43 NORTH SHERIDAN ROAD Open: WEEK DAYS 9 a. m. to 6 p. m. SATURDAYS 8 a. m. to 9 p. m. r SUNDAYS AND IIQ-I..I.DAYB, 2:30 p. m. to l::: ‘..:.-‘ -I:n-:dm- ld-:H-d:: mhh:l.-h-vd-râ€"u-d Tulips and Daffodils golml-rplm-mmnumn â€" _ Laurel Ave. â€" One Block West of Depot. Telephone 3420 _ CHRISTIAN SCIENCE READINGC ROOM First Church of Christ, Scientist > â€" Highland Park Bahr‘s t predicted a net mmmm«‘#-n. lion, which represents an increase of $277 million over his estimate last April. The public debt is exâ€" Such a situation promises either increased taxation or repudiation. This outlook of uncertainty and inâ€" stability destroys confidence, keeps capital idle, keeps business stagâ€" nte and unemployment continues. The uncertainty and instability is no doubt reflected in the sharp fluc~ tuations in the stock market. Social reforms are necessary. Reâ€" adjustments are necessary. But one of the biggest contributions that Congress can make to social im provement, resulting from‘ business revival, is to set itself to the task of eliminating the inequities in the tax structure and reducing the cost of government. lion Dancing Club Is Proving Interesting to Young Peoeple Considerable interest is being manâ€" ifested in the Dancing club sponâ€" sored by the Highland Park Woman‘s club for the boys and girls of Highland Park who are upper classmen, and who want to spend their Saturday evenings in wholeâ€" some and enjoyable entertainment. Checks are being received daily by the chairman, Mrs. Claburn Jones, 199 Roger Williams ave., and it is hoped that the 200 boys and girls will have paid for the course by October 30th, so that m peppy Lind orchestra can be enâ€" gaged for the season. Parents of these boys and girls are backing this new community venture, because it is being sponâ€" sored by the board of the Woman‘s elub, and the young people themâ€" selves are eager to find a recreation so reasonable at their very doors. Band Drills and Sings Saturday for Homecoming Alumni The Highland Park Homecoming games with Morton last Saturday had all the color and pep of similar big time college festivities. : Not the least appreciated of events was the demonstration put on. during the half by the high school band. Ninety strong and nattily dressed in â€"their blue and white uniforms, the band marched to the field paradâ€" ing back and forth in a variety of maneuvers and formations drilled and planned by Harold Finch, their director. ~‘Their baton twirling drum major, Jerry Baum, signalled their movements and directed themi in singing an effective toast to the visiting alumni. & After the drilling of the band, Keith Shey and Pat Reading led a snake dance around the field and through the goal posts which had been decorated by G. A. A. girls and the cheerleaders in Highland Park and Morton colors. 5 Trouble in Santa Claus land. Odd dispute over Kris Kringle‘s painting in Indiana‘s toy town turning the project into a grownâ€"up squabble instead of a children‘s dream city. Read it in the American Weekly, the magazine distributed with Next Sunday‘s Chicago Herald and Exâ€" aminer. is forming new classes now at his re«iâ€" dence in the Udell building, or at the residence of the students. TEACHER OF FRENCH _.â€" AND SPANISH Subscribe for THE PRESS G. AILLAUD soar well above $37 bilâ€" HP. 3708. War on Rats to Be Conducted in County November 23 A feature of the campaign against rate 'm:‘thdhtrlhflondd: prepared squill bait that mnh‘bu:zd‘mwm less to other This bait is prepared under the supervision of the U, S; Bureau of Biological Surâ€" vey and will be distributed through a dozen different points in the counâ€" ty. This isonly for campaign use. Killing. hordes of rats that infest property in Lake county is a part of the agricultural extension program in prospect for this year, according to farm adviser H. C. Gilkerson. Tuesday, Nov. 23, is set for the rat "killing" in Lake county. Containers for garbage and reâ€" fuse should be provided. This should be removed and burned regularly. Rats thrive on garbage and they live and breed among trash. From such‘ harboring places they travel to homes, stores and farms. _ The fact that rats migrate from one premise to another makes the task of raf control a community problem, hence the need of exposing poison baits, removing rat harbors APPLES ORANGES GRAPEFRUIT SPROUTS $3*" TKE PEEs8 MAC INTOSE Extra Fancy 258¢ and the like at one time throughout the community, cans Postpone Class in Public Speaking ~*The Public Speaking class of the Lake College of Commerce, which was to start the first Tuesday eveâ€" ning of November, has been postâ€" poned; and classes in this popular course will not begin until the first of the year. 2 \ The Public Speaking course will be conducted by Professor A. C. Tomlinson of Lake Forest Univerâ€" sity, and this course, held for the first time last year, has proved very popular with not only the young men and women but also with the business men. Classes are held once a week, and during this period acâ€" tual practice is given to the stuâ€" dents in speaking as well as class discussion, Due to personal comâ€" nts, private discussions are held ;;iodicully with the students. Registrations for the course may be made on Monday and Thursday evenings as well as during the day. Further inquiries relative to the subject may be made at that time. QUART BOX JUIOY FLORIDA per dozen ..._.._._.. FLORIDA SEEDLESS Birds Eye Cut Corn lg reduced to box ......_... Also at Regular Prices: LAMB LEGS C GREEN or WAX BEANS LIMA BEANS Whole or Half); 1b RABMEAT FROSTED Lincoln School P.â€"T.A. Meets Next Wednesday Lineoln school P.T.A. is having its second meeting of this year on Wednesday, November 3rd, at 3:15 in the auditorium. â€" This meeting will be in charge of the Hegith and Hygiene committee with Mrs. Groâ€" ver Grady as chairman. Dr. Morley McNeal! is to be the speaker of the afternoon. ‘ Dr. McNeal, together with the school nurse, Miss Bryâ€" mer, and Mrs. Grady, is planning a very .helpful meeting in aiding you to keep your child in a good healthy condition this winter. Preventive vaccines at this time of year will also be discussed by Dr. McNeal. ‘Those mothers who attend this meetâ€" ing will certainly be better preâ€" pared to coâ€"operate with the school nurse during the year and do their part in preventing an epidemic of any disease this .winter. Any inâ€" terested mother will be most cordialâ€" ly welcomed at this meeting. Foops lbs. for for 25¢ 25¢ 25¢ 55¢ 55¢ 25¢ 19¢ 19¢ 17¢ The best quality; tb. Milwaukee Ring; 1b. LEG O‘ LAMB BEEF POT ROAST Choice cuts; Ib. ............... LOBSTER TAILS BOLOGNA GROUND BEEF Hormel‘s Soups per can SPFFECH Stammering, _ Stuttering, speech corrected. . Net. 36 h lesson. ‘Write for lustitute of Normal 1144 Wilion Ave., Chicago, 1. Quality Cleaners Phone H. P. 178 RELIABLE LAUNDRY ASSORTED 148 South Second Street ‘Tel. H. P. 1358 _ Highland Park DRY CLEANING CO. GREENSLADE Electrical Contractor Electric Shop 10c . C _.55¢ _ 20c â€"~22¢ PAGE NINE 284%¢