Illinois News Index

McHenry Plaindealer (McHenry, IL), 26 Oct 1933, p. 6

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V Patricia Ellis, movie actress, I ke thousands of other persons, finds herself confronted with the problem cf where to ride her bicycle. She tried it on the.grass and a cop appeared with a ticket. With the entire country agairr\aking up bicycle riding, it would seem special paths should be, ' set oft toi the cyclists. LIQUIDITY Byr'" S'f LEONARD X. BARRETT The dictionary defines liquidity as "the state of being liquid, a condition "In which all particles move freely a m o n g t h e m selves." When the word is applied to economics it means a financial condition in which money SLOCUM LAKE Mr. and Mrs. Wm. Foss and Mrs. Wm. Berg1 were business callers at Crystal Lake last Wednesday. Emmet Geary of near . Wauconda spent Friday at the home of his father here. Mr. and Mrs. Leo Zimmer tind daughter, Joan, of Palatine spent last Thursday evening at the home of Henry Geary. H. L. Brooks was a "business caller at Libertyville last Tuesday. Mr. and Mrs. Raymond Lusk and daughter, Betty Lou, of Maple Park spent Sunday at the Blomgren home. Mr. and Mrs. H. E. Maimen of Wau- •oncerns are liquid when they possess an adequate cash reserve which saves them from embar rassment in times of financial strain. Many of the banks which failed durthe last few years were not jn a liquid condition even though they ^Inay have been solvent. Their money was Invested In loans which were called frozen because the borrowers, even though perfectly good and reliable, were not able to pay. , Qther banks which had kept more of their cash in their vaults and had not loaned n ttoney on real estate, or other collateral which was susceptible of being frozen. were able to meet the cash demands upon them and were therefore liquid. The very same condition applies can move freely. - Ranks and business \ conda spent Sunday evening at the home of Henry Geary. Mrs. Fred Nordmeyer spent Thursday at the home of Mr. and Mrs. Wal* ter Nordmeyer at Grayslake. Mrs. Ernest Lohman and daughter, Mable, and son, Muriel, of Barrington spent Monday at the home of Mr. and Mrs. Fred Nordmeyer- Mr. and Mrs. Fred Dowell and children and Mr. and Mrs. Arthur Harris of McHenry and Mr. and Mrs. Mort Baseley of Wauconda were guests oh Sunday at the home of Mr. and Mrs. Joe Dowefl in honor of their twentyfifth wedding anniversary. Mr. and Mrs. Wilbur Cook were Sunday dinner and afternoon guests at the home of Mr. and Mrs. W. E. Brooks.^ Mr. and Mrs. H. J. Shaffer of McHenry spent Sunday at the home of Henry Geary. to business concerns. Many, Mr. and Mrs. J. B. W»iimlliaammss a»nuud failed or went into bankruptcy be-j son, James Howard, of Crystal Lake eause they needed cash with which to were Sunday dinner guests at the home of Mrs. Clara Smith. Mr. and' Mrs- Elmer Esping spent the week-end at the home of Mr. and Mrs. Harvey Bailey at Hillsdale. Mr pay their debts and were not able to borrow sufficiently to meet- the demands of creditors. . Liquidity Is a condition which does l«f0t create itself nor is It the result of : ffnere chance or luck. The state of ; l>eing liquid is perhaps one of the most difficult to attain. This is true of the Individual as well as banks and business concerns. Iu days of prosperity, 'Vaen It appears that poverty is for- * ever banished, we grow careless and ; epend money upon things which we could just as well do without. Extravagance is the sin of ever> period of prosperity. About seven years ago a certain bank erected a new building which it really did not need. It was a beautiful building and cost a larse n sum of money which, of course, having been invested in brick and mortar, was no longer available for pircn- 1 lation. That bank failed to often its 1 doors after the moratorium because It did not have sufficient cash and liquid securities to meet the demands. People are susceptible to the same temptations and mistakes as are banks and business concerns. Liquidity when applied to our personal finances simply means that we spend' a little less than we earn. If we are more concerned about the security of capital than exorbitant interest returns and avoid all 'extravagance we may - create a reserve sufficient to forestall bankruptcy. C> 1933. Western Newspaper Union. Esping remained for a week's visit with relatives and Mrs. Bailey returned home with Mrs. Esping for a visit Say you read it in THE PLAINDEALER.. M*«utarie< Wer« Trade Casters The monasteries of the Middle ages were great trade centers. They establisbed markets, coined money and developed a system of credit. lea >,700 Meter* Thick Fonad Ice in the center of Greenland that is 2,700 meters thick, slightly more than one aDd one-third miles, has been reported. * CHRISTIAN SCIENCE CHURCHES "Probation After Death" wag the subject of the lesson-Sermon in all Churches of Christ, Scientist, on- Sunday. October 22. TheColden Text was. "Blessed are the dead which die in the Lord from Henceforth: Yea. saith the Spirit, that they may rest from their labours; and their works do follow them" < Hew 14 : i:n. „V Anions the citations which comprised the I«essoii-Neriiion was the following from the Bililc: "And I heard "a great voice out of heaven '"'saying. Behold, the talternacle of (rod is with men. and he'will dwell with them, and they shall Ik> his people. and (Tod himself whall l*» with them, a ltd be their (iod. And <.od shall wijH' away all tears from their eyes; and there shall he no more death; neither sorrow, nor crying, neither shall there be any more pain: for the former things are passed away" ( Rev. 21 : S, 4». The Lesson-Sermon also Included the following passages from the Christian Science textbook. "Science and Health with Key to the Scriptures." by Mary Baker' Kddy "Life is the origin and ultimate of man, never attainable through death, but gained by walking in the pathway of Truth both before and after that which is called death" (p. 487). New Tork.--Scientific Interest' in Wiley Post's feolo dash around1 the world by plane, in which he set a new record, centers on his constant com panion and helper "Mechanical Mike"' --the automatic "pilot." Transoceanic and other long-distance flights in the last year have demonstrated the value of gyroscopic Instruments ' for h««c»i • rate tljying when good visibility canm-i be guaranteed. In these .Instruments one gyroscope gives the pilot a honi zontai line of reference, th;.- other a vertical line. ,. ^ Until recently the pilot, however, had to keep an eye on the two instru ments constantly and move control* to keep the plane on the given course a n d a t t h e p r e d e c i d e d a l t i t u d e ; l o r such blind flying It was oniy logical to ask: Why should the human pilol function merely as a machine? Why not develop some mechanical device to translate the gyro" instrument irt- -dtcations , into correspond! tit-movements of the rudder, elevator, and ailerons of the airplane? ; The Automatic Pilot., The answer to those questions Is the automatic pilot. For Post in the Winnie Mae, the au tomatlc pilot provided needed relaxation from the constant task of flying the ship when a safe altitude and course have been fixed. Post's "pilot" differs from previous ones in that the electrical device that "picks off" the relative motions of the plane with respect to the fixed axles of the gyroscopes has been replaced by air Jet "pick-offs" less liable ^o me chanical troubles and the uncertainty of varying electrical contacts. The installation itf the Winnie Mae was the first of this new type. First it should be explained that the motions, vertical, horizontal, and rotary must be known to keep an airplane in level HIght on a given course. The three controls on an airplane for doing this are the rudder, the elevator In the tail, and the ailerons at the back edges of the wings. In ordinary flight the pilot from the position of the horizon and the ap pearance and feel of the shj^hus the necessary reference lines at his command. In blind Hying, however, "tfie horUon is obscured. Some artificial horizon and directional point must be provided. 1 » Small spinning gyroscopes mounted •>n the instrument board have been found to give this information, in the automatic-pilot one gyro spins with its' axis vertical. As long as it revolves no motion of the airship changes the direction of its axis. Any relative motion of the ship from the direction of this verticaPaxis is con verted into movements of the eleva tors of the ship that correct the climb or dive. The saiue gyro likewise con Irols the ailerons On the wings to cor Jrect rotary movements. ; Corrects Course of Plans. The other gyro, spinning horizontally, in the same fashion corrects uio tions of the plane when it strays off the desired course, by ftioving the rud der. With a plane -speeding along at I'iO miles an hour it cahimt be expected that a small gyro will supply force enough to move the rudder and ele vator against the wind pressure. The secret of the automatic pilot is the device that "picks off" the unwanted, wandering motions of the ship and translates them into movements ot powerful hydraulic pistons directly connected to the rudder, ailerons and elevator. These "pick-offs" consist of hemispherical discs that remain fixed by the gyro. The edges of the discs intercept two air streams blowing from small jets. Foi the gyro which controls the rudder, the air jets move with the plane above a vertical axis, while the disc remains stationary. .Th§ir turning allows more air to now out of one jet than the other. The difference in air flew acts first on an air valve and through it on a hydraulic valve controlling the pistons that ac tually turn the rudder. For straight flight the two air Jets have equal amounts of air flowing out of them, as the disc covers both jets, to the same .extent. The two gyro units are mounted behind the instrument panel of the plane and the relative motions can tie ob served there visually. . / Jvit Tir«4 ••Some men," said Unci* Eben, "alias *eks overworked, because any business at all am mo' dan dey kin ten' to." Big and Little Job* small man can make a big a job to littleneas; but lt takes big man to make a little job grow Into a big one. Crows Travel Through States With Salesman Columbia, .Mo.--Mack and Jimmy, two crows, are migratory birds. But not In the same sense that other birds are. . Mack ind Jimmy are owned by \\. E. Hubble ol Galveston, Texas, ji trav eling salesman who recently visited Columbia. Mack and Jimmy are his pets and tuey eat everything but thirteen- year-old cicadas and sweet pota toes. Mack, two years old, cracks Jimmy's peanuts because Jimmy is only two months old. The two birds have been in twelve •staUfSTTtTtwelve weeks and have traveled from the O.ulf to the (Jreat Lakes 'Mjfroa ' » AnimtU Mov* Towards Many animals move towards a light, and it is a very probable view that the luminescence of many marine an tmals helps to bring food to them. Washington, Oct. 25--There is naturally some question in the minds of the Federal bigwigs as to what portion of the "farm rebellion'* now current is genuine and how, much could be attributed to inspiration traceable to propagandists for inflation- It is noteworthy that the leaders of the peaceful uprisings are preaching: inflationary measures as a cure-all. It is almost impossible to gefc to the bottom of this vital issue because of the ramifications of the agricultural problem. Undoubtedly it will require the highlit form of statesmanship to svent ah insatiable maelstrom which wooki undo all the efforts of governmental agencies to lift the farmer from the morass of low prices and bankruptcy. Officials point out that extraordinary means have been adopted to alleviate farm conditions yet seemingly without satisfying certain arian groups. -" - Numerous panaceas have been suggested and adopted by Congress over a period of years. The pills so administered apparently exercised only temporary influence. These experiences, involving a heavy drain on all classes of taxpayers, have a tendency to make responsible officials skeptical c"of new proposals. ' The contention that inflation will help the farmer is taken with a grain of salt here. The economic position of agriculture obviously cannot be strengthened by merely waving a magic wand of inflation as the prices of commodities thp farmer buys will rise at the same time with the products he sells. Opinion is to the effect that the President will not be stampeded by the outbursts from organized sources. In some quarters this outbreak in the Middle Weest" is interpreted as anti- NRA. Reports from all sections of the country indicate that much of the criticism of the National Recovery Administration is attributable to the delays in approving codes. Of 1400 codes submitted by large and small industrial grpups only 60 codes have been sighed by the President. About 1000 of these codes have never been assigned for public hearing. Workers and employiers alike in the fields covered by the pending codes are becoming restive and the doubters of recovery methods are steadily increasing. To meet this alarming situation, the President has directed General Johnson to speed' up the machinery. The administrator is trying to round up related groups under master or basic codes in preventing endless bicker, ing and simplify operations. Another source of annoyance to the public is the failure of NRA to establish adequate machinery to handle appeals under approved codes. It is a tremendous task to form what is really a Supreme Court for industry and labor.; j The idea is still vague but mu9t materialize soon or the whole works of NRA topple with ensuing chaos as public confidence is lost. The government propaganda agencies are running full blast. The Public Works Administration is trying to convince the country that millions are poured' into new construction projects every day as a means of giving work and increasing purchasing power. The Agricultural Adjustment Administration charged with duties for farmers similar to those of NRA for industry floods the mails with mimeograph statements of their doings. The publicity at General Johnson's office has not diminished. Dr. Rexford Tugwell, Assistant Secretary of Agriculture and a member of the so-called "brain trust" is seizing all holds in selling his ideas about corrective legislation for food and drugs. The trouble with this <new crusader is that in attempting to reach abases of the quack cure, he is seriously endangering honest, legitimate sales of foods, drugs and cosmetics. The government publicity is enriching the clipping services having contracts to sell Federal agencies on "publicity." In the strictly political arena we find interesting developments during the week. The Russian recognition Issue which has been floated for years appears again with some degree of definiteness. THe " proposed agreement opening these vast markets to American goods may t>e received better during the degression than at other times. The refusal of Republicans now holding jobs as Federal IMstrict Attorneys to resign has stirred the wrath of the Attorney-General and the Democratic patronage committee. A way out will be found very shortly and the officeholders will be replaced by "deserving Democrats.?' Unethical practises of attorney* formerly in the government service are under scrutiny by the Federal Bar association. It is reported that these former officials have represented that their contact in the government service would be worth a higher fee than from ordinary attorneys. The government is also taking cognizant of racketeering among newcomers who were associated witn or acquainted with present officials in private life and endeavor to capitalize on this situation. •Efforts have been made t<T stimulate the growth of hair on bald-headed persons -by implanting the pituitary glands, of sheep. % , Wood-destroying termites cannot digest wood, but tiny creatures within their stomachs digest it, the terwitea living on the by-products. * Lowly corn cobs_will probably fte developed into a valuable source of by-products such as ethyl, alcohol, glucose, cellulose and acetic • acid. Invention of the inconoscope brings television' one step nearer practical u-e. It is an artificial eye that works exactly on 1 he>same prlpcigle £8 the, human optic. --»v. - • England hiis Ihstalled'Wd reflectors on posts around dangerous turves on highways not only to warn the motorists of danger but to show the highway c o u r s e . -- P a t h f i n d e r ' M a g a z i n e . \ • ; Selective Worrimont "Yon worry a great deal about yoor goifr "It isn't really the golf," answered •Senator Sorghum. "I'm worried many things that I golf to avoid an argument over some" thing more Important" With way.--Gay. WISE WORDS & the As a rule men freely believa what they wish.--Caesar. Love all, trust a few, do trrpag to none.--Shakespeare. Beauty and sadness always ^a ltogether.-- MacDonald. Let us cease shrieking and begin considering.--Carlyle. . v Not without hope we suffer and we mourn.--Wordsworth. Poor and coutent is rich, and rleh enough.--Shakespeare. ; Thus conscience doth make cowards of us all.--Shakespeare. A thing that nobody believes cannot be proved too often.--G. B. Shatt, SENSE AND NONSENSE Blelng able to foot the bills* is certainly a fete. Undertakers are about the only modern day planters able to report a profit • While we are improving foreign relations, why no£ improve our poor ones, too? Many who w«re once pleasure bent are not only bent now--they're completely broke. ^ It takes about all the efforts of law abiding people to keep the underworld from getting on top. You get dizzy by looking downward, says a writer. And many are made dizzy as a result of being down. • U. S. Immigration Law * Under the United States immigration law proclaimed In operation as of July 1, 1929, there may be admitted yearly about 153,714 alien immigrants, as against 164,067 trader the old law. a t of Myth 1 -What is your idea of an racy?" "It's something like Santa Qhkos," answered Miss Cayenne. "So many people believe' in aristocrats that a few people are simply compelled to iin- V : Some; Good la Artist--So you, found that oil painting I left behind last summer, and put It to good use? ©, Farmer--By jove, yes. I scraped all the paint off the canvas and took it round to the cobbler's and Jiad a fiftlr of canvas shges made of ,JL' Hiram--So Abuer Green's boy Is on his vacation from the 'cultural college? How long a vacation does he have. Silas--Oh, not enough to do much damage"! The crops is all In. Joint Account Bank Cashier--Sd you want to open a joint account with your husband? A current account, I suppose? Mrs. Brown--A current account for me, yes. and Just a deposit account formy.husband,--(J ran by Leader-Mail. CORRECTED "You come home all hours of the night." "No, my dear, only one hour each night." "Wife Modernist * "Does your husband kick about the meals?" asked the other lady at the bridge table. "No," she smiled, "what he kicks about is having tQ get them." Now I'll Tell On* R*|>l©rer-j-Oiice a lion was so near to me that I could feel his breath on my neck. •Friend--What did you do? Explore?--Pulled up my coat collar. Colorado Springs Colorado Springs was laid out as a model city in 1871 by Gen. W. J. Palmer, president of the Denver & Rio Grande railway, which reached the valley that year. It was incorporated in 1872, chartered as a city In 1878. The historic town of Colorado City, which sprang up during the gold rush of 1859 and was for four days in 1862 the seat of the territorial legislature, was consolidated with Colorado Springs In 1916. - • > •' One of the latest Parisian fashUP'.::3fU;' creations is this robe in faille taffetlfe: V : It Is an evening dress in chestnut "Maybe it's a wise pervlsion of nature," said Uncle Eben, "dat makes a man wlfout much sense talk a whole lot an' give hisself away go's he went fool anybody." , G«o4yo«r AH-We«rii«r Smpertwist Cqrd Tires *72° and up--i«m mil In allowance for yWVOiOtVII fo SAFER Titan Smooth Old Tircsl •Teats on slippery pavement show that new Goodyear All-Weathers stop cars 77% quicker than smooth, old tires and quicker than any other new tires... Take no unnecessary chances on slippery fall and winter roads--put on safe-gripping new Goodyeara now! Most sizes still priced lower than last fall. ikpert Tire Mounting! We cImui rime, paint them to prevent rust, properly apply new tubeeand tiree. Experienced tire DM do your work here. GOODYEAR PATHFINDER Supertwist Cord Ttrat JC55 and up -- the quality tire with In reach of all Walter Fremiti Tire and Tube Vulcanizing, Battery Charging, Repairing, Phone 294, West McHenry, Itliaou New Motorized Stainless Steel Train Rapid progress Is being made at the Philadelphia works of the Budd Manufacturing company on the stainless ste motorized, stream lined passenger train for the Chicago, Burlington & Qulncy railroad, a sketch of which Is h< presented. It Is called "The Zephyr." The train will be a three-section articulated unit, operating on four 4-wheel trucks instead of the normal six trucks used In a conventional three-car train. It is designed along aero-dynamic lines and from the standpoint o'f accommodations will weigji less than half a steam train of like capacity. It will be capable of making. 120 miles an hour. It will be powered by a Diesel electric engine. Occupying a part of the second ear of- the train will be the luxurious buffet shown at the right. The architectural firm of Holabljd and Koot, builders of many skyscrapers, co-operating witri'Patil •tor of the Hall of Science at A Century of Progress, was engaged to design the interior of this new train. wem VO£S MfCE FOR' DIWNEO/ '.L /GORKI VOL' POP/ Vfilllfil AMtmiws wwaT POE9 <k

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