The Baytown Sun (Baytown, Tex.), Vol. 43, No. 59, Ed. 1 Friday, December 8, 1961 Page: 4 of 12
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r
Fditorials
Communisms
Saddest Side
By f«| the iaddeBt commentary on Communism is
that it must erect walls to keep people from fleeing.
Even ao. many of the people love freedom enough
to gamble their lives on it
’ The other day, a group of East Berliner* used a
new method of escaping to West Berlin—and freedom.
They captured a train and sped by Communist check-
'l^labefore tne guards realized what was happening.
• Those who “captured" the train were relatives and
friends. They conspired with the fireman and other
.. members of the train’s crew to “steal" the train. The
trick worked. However, the conductor and some of
the passengers elected to go back to East Berlin.
Not a shot was' fired at the checkpoints. Commu-
nist guards stood spellbound is the train whitsed by
at 50 mph.
Escapees have used ran but this was the first time
a train was used. It served its purpose well and af*
- forded those aboard good protection in case the Reds
had discovered the plot and attempted to atop the
train.
Thousands of people have fled to West Berlin since
, the cold war got hot in that divided city (Berlin)
, where Communist guns bristle through high steel and
concrete walls and where incident* occur almost daily
that could set off a nuclear holocaust
The Communists have made no effort to bring the
refugees back but they have redoubled their effort*
to keep more from escaping. They realiae, of course,
that the eseapes point up the essential weakness of
the Comnfunist system and therefore ia one of th*
worst advertisements it can get.
We shudder to think of what may have happened
to the conductor and other members of the train
crew who didn't defect to the West How did they
explain theft of the train to Communigt officials?
It seems the safest thing for them to have done was
to stay where their lives would, have been protected.
Communism can only maintain its prison* by force.
It ia inherent in men to seek freedom, and no matter
how high the walla or how dangerous the effort many
of them will make any sacrifice to achieve it
“Truth crushed to earth shall rise again”—so will
freedom.
Patrol Girds
P II I * - I
forHotidaysB
In an effort to minimise the Texas traffic toll dur-
ing the remainder of this year, the Texts Department
of Public Safety has announced that “Operation Holi-
day” will be put into effect immediately and remain
in effect until after the Christmas New Year holiday
period.
This program was necessitated by the upswing of
accidents and deaths on Texas roadways during the
"first 11-months of this'year as compared to the same
period of 1960.
Maj. Glen Rose, commander of the 30-county
Houston Region of the Department, said “Operation
Holiday” will involve using every available patrol
unit for traffic supervision, including the officers
and cars assigned to License and Weight and Motor
Vehicle Inspection Services, to augment Highway
ftetnl fortse*.
Patrolmen will be assigned longer work schedules,
with days off and holidays cancelled. Radar units will
be>Hutilized as fully as weather will permit and on
as manv highways as -possible.
Maj. Rose advised that through Nov. 24 of this
year, 1,957 persons had lost their lives in traffic
crashes in Texas. This is 27 more deaths than during
the same period of 1960. With the expected heavy
traffic of the holiday season and the possibility of
adverse weather conditions, the 1961 Texas traffic
toll could well exceed the 2,254 fatalities of I960.
Maj. Rose in cautioning Texas drivers, said:
“In an effort to reverse the accident trend on Texas
highways and to effect a decrease instead of. tho in-
crease in trifle deaths for the year, supervisory
personnel of the Highway Patrol have instructed
their personnel to redouble their efforts to reduce
accidents by being especially alert for speeding drivers
who were responsible for 67 per cent of the rural
traffic fatalities during the lv day Christmas-New
Years Holiday period last year and drinking drivers.
\
S
\\
tons
MWs
ST*
m
CHmAJfAN*g CHANCE
Drew Pearson Says-
L
•i n
Miring was involved in 50 per cent of rural fatal
accidents. Drivers who are stopped for a traffic viola-
tion, who have been drinking any type or amount
of alcoholic beverage, even though they are not con-
sidered intoxicated, will be arrested and charged with
the violation they were stopped for and no warning
tickets will be issued. „
Patrolmen were also instructed to be watchful for
violators who are driving on the wrong side of the,
roadway, running stop signs or signals, improper pass-
ing and improper parking.”
"The motoring public can do much to make the
holidays happier, the highways and streets safer and
also insure jri|rik.oww-livw^1ia)r'KMe said, "by driv-
mg safely and lawfully and by reporting to police
officers, other drivers who appear to be Intoxicated,
asleep or who are driving recklessly. Officers will
investigate immediately and the complainant will not
be called upon a« a witness in court action unless
he desires to testify."
Settlement Made In Patent Dispute
NEW YORK (AP) j- ’General hunt "Genera! has not recognized
Tire * Rabbet Co. end the Flint- the dasher process as a patent”
kott Go. haw agreed to out-cf- He indicated that the question af
mat mtttemm, of a Flmttote further installations of the ma-
■ swt itmrpng a machine was used (feta* tap General Tire was not
*s violation of. a patent resolved.
The comptaart tovtfvwf what
^ ItarfWe .ttri was « infringe. „ . . mU
Did You Know?
anfftma (Mem. Tee., plant ’ I
- WtadtaW atat Ustt ‘infer the ’JStiahera Imffaiteraarj fcrt T'
Sgnoneat General Tire "has ttob garb lor centurim, says tb#_
fee*8 - fTuned a twalty-free ft- National Georg&pbte Magazine.
saw tar tat Odeaaa installation." ..The traditional style was a 15-
it added that*', the agreement tp- foot length of tmrtaln that the
ptied eniy to the Odessa equip- owner spread on the ground and
hast* and that Flwtkri* was "now pleated. He then lay upon tt and
Starring loenam to the industry « around him, pinning the
WASHINGTON - It’s not sup-
posed to be publicized, hut insife
the Criminal Division of the Jus-
tice Department ia an FBI report
regarding Dr. Henry Welch, lore
rr.er chief of the antibiotics divi-
sion of the Food and Drug Admin-
istration. He is the man who
» earned $287,142 during 1953 - 60
from the "Medical Encyclopedia"
. in which the drug companies he
policed were advertisers. 1 v
Dr. Welch was halfowner of
the Encyclopedia, also received
Va per cent of the net advertising
and 30 per cent of the net re-
■ “ pi imr profit* from- *1«>-Pubto-
tjons" he edited.
Just as Sen. Estes Kefauver
was about to prove into this, Dr.
Welch applied for disability re-
tirement. May 11, 1960.
Today Dec. I. 18 months later,
■till no action by the Justice De-
partment. -
. , Haaw^iia . harw i. inrdfiw
MrJUBwnur, neitr is tnoofr ts*
velooment:
One apeedt by Dr. Welch which
was wifely circulated in the drug
industry was before the fourth An-
I nual Antibiotics Symposium - »
Washington, Oct 17, 1966. It per-
tained to the new Pfizer antibiotic
signemydn, and Dr. Welch hailed
it as a "new era.’’
What he didn't say. but which
sworn testimony before the Ke- ,•
fauver Committee disclosed, was
that the speech was submitted to
toe Pfizer Co. for revision before
it was delivered.
. What he also didn’t say was
that after delivery, Pfizer pur-
chased 283,000 reprints, of which
50 per cent of the profit went to
Dr Welch. '
Some of the reprints were.used
in advertising signemycin. How-
ever. there were so many of them
that one Pfizer employe told the
Kefauver Committee: “It was a •
standing joke around the office.
It would have been impossible to
have given away all the copies
that were actually around the
premises.”
THE SPEECH praising signemy-
cir, was delivered by the Food
and Drug official charged with
protecting the public against dan-
gerous medicine on Oct. 17, 1966,
Five years passed. On Nov. 20,
1961. just before last Thanksgiv-
tag day, Pfiaer found oat
signemydn was not such a great ‘
drug after all. It bad side effects.
And in a letter to doctors lab-
eled “Drag Warning," Pfizer ca-
ptained these side effects and
urged caution in using the drug
which had been touted by the of-
ficial supposed to guard against
faulty antibiotics.
The "Drug Warning" was cau-
tiously worded. It began: "Dear
Doctor: The purpose of this com-
munication is to inform you of re-
cent unpublished reports of jaun-
dice and liver function test
changes which have been ob-
served during the administration
triacetyloleandomycin." This
IRVIN SCARBECK, the Made-
mailed foreign service officer who
now faces a 30-year prison sen-
tence for slipping secrets to the
Polish Communists, had a show-
down with hit cellmates the other
day in the Washington. D.C. jail
A burly six-foot-four inmate with
a record for assaults approached
Scarbeck menacingly.
"You--apy," (he big fellow
cursed. "Give me a light."
Then he asadtoifeuteric with
ress—S gS£SiS-slS
ed to tell how
SO patients, "one or more abnorm-
al liver function tests were found
in 37 of these patients at the con-
clusion of the treatment." v
Doctors were told to watch their
patients closely in case of “pro-
longed therapy.’’
Ws, it tiiould be noted, was
five year* after the glowing en-
dorsement by the man who was
supposed to protect the public but
who checked with toe drug manu-
facturer before making his
' sp?ech, thfli SoW them 2®,000 re-
pi inis after making it
beck’s reaction fepectantly to i
whether he would cower.
Instead, the disgraced foreign
ssssiiSS
in toe eye. and said quietly out
icily: "Don t ever my anything
like that to me again.’’
Tte big feUow backed off mut-
tering.
Afterward Scarbeck was asked
what he would have done if the
BABSON PARK, Mass. - Al-
most every one of my readers has
at least one share of common
stock, and moet of you are inter-
ested in many more iharei Un-
fortunately, few people realize
that there are three very import-
ant ttetoon involved In the pure
chase or holding of common
stocks.
The first factor (but not the
moat Important) Is asset value.
To ascertain this, you take the
value of the assets from the state-
ment which is sent to stockholders
and deduct the total of liabilities
(except far the common stock).
The difference Is the net asset
value of the company. Next, di-
vide this figure by toe number of
common tiiarra outstanding. This
will give you the net asset value
per ahare. . >,
When you compare this asset
value figure just obtained with the
price your stock ia selling tor
now, and with the price you paid
tor It, you will probably be sur-
prised. Over a period of years,
the ratio of net asset value to the
selling price may average out
fairly well, depending upon th*-;
industry.
The more popular the industry
or toe company, the higher the
price will average In relation to
net asset value per ahare. Today,
however, Boost stocks are selling
COtartferably above their asset
value. Readers who have a good-
ly number of shares of the corn*
mon stock of any company should
make,the above computation.
WHY DO Stack* often sell tor
much more than their asset
AMM The reason is that moat
investors are looking af toe earn-
ings and toe growth. If the earn-
ings gradually taersase and there
is a chance for an Increase In the
dividend, then these earnings
might entitle the stock to sell for .
the higher figure. In the .last
analysis, we buy for earnings and
not tor assets The Waldorf As-
toria would coat more to buQdop
a prairie in Kansas, but Ms assets
would be of no use.
The wise investor, however,
does not wwifw merely the cure
the market you have caught up I
with It so mat the yield is no
longer satisfactory at present
prices. To ascertain the yield, you
divide the dividend by the price.
Many readers will be surprised,
when they do this, to see what a
small yield they are obtaining no
the basis of the present price of
the stock. You do not figure the
yield on the price you originally
tor the stock — but on the
it ir selling- for today.- This,
Business Analysis
Iv SAM DAWSON
ira, In
■need by
Of It____. _
putting more of this
durable
NEW YORK (AP)—The
total unemployment annou
President Kennedy is the best
Christmas present many commu-
nities across the nation could ask.
Roth business and government
will be taking bows. But don’t
forget toe consumer either.
The President told the AFDCIO
convention that tor toe first time
in a year the percentage of the
total labor force out of work was
down from that sticky 7 per cant
range. In November It was cloaa
to t per cent—too high, but at
least a step In the right direction.
A number of communitie* al-
ready have been taken from tbs
official roster of areas with ma-
jor unemployment, **
Current news items suggest that
toe December figures wiu be even
pMpintar when tallied.
There's toe seasonal bogey of
January and February just ahead
-* period when temporary
Christmas job* have disappeared
and much outdoor work ia
Bri toe better business climate
in general and the evident greater
Ijconfidence among cowumers bol-
ater hopes for a still taraer ad-
vance ta the admittedly difficult
teak of licking the basic unem-
ployment problem. 1
Much of the rise in Novembri,
employment to a new high for toe
month of 67,349,000 of which the
Praaifent spoke wai due to ta-
creasing Industrial output
Who gets the credit? Govern-
ment agencies will point to the
■taps taken to counter (he reces-
sion—speeding government Rftaldrr
tag ta a number of fields. In-
creased government orders in-
volving future outflow of Treasury
eeta, planning for retntaiif.'
workers whose previous skills era
nr longer in as Beat demand.
Many industrial spokesmen re-
gard the upswing a# a normal
part of the bustaeae cycle. with
or without goveranta* prodding,
They cfe the return to building
up inventories instead of Uvtag
oC them, toe alow but steady
catching 19 of demand with the
production capacity built Up til
recent years, and the long-term
confidence of toe business com-
munity ta toe economy.
Consumers have few .Spokes-
men. But consumers should’be
credited with refusing to panic
during the recession. Instead they
kept right on spending about as
much as ever.
Of late they have returned to
more of this spending into
mu agoods. The auto industry
is crowing over the sales volume
of new cars In recent weeks. Tne
appliance industry reports in-
creased demand.
All of this encourages manufac-
turers to speed up production
schedules. At first this meant
chiefly the lengthening of work
weeks. Of late It has meant add-
ing more workers to factory rolls
And all along there has been an
increase in the number of jobs in
the service industries.
' The long-term problem atill re
mains, unfortunately. This ia that
the labor force ia growing fait
now and will continue to for sev-
eral years as the war babies and
their postwar brothers and sisters
come of workine are.
And explicating thii proWem
rest, reew macnines ana new p«w
duction methods mean mow work
cdti be turned out with the same
number of workers. Many of ihe
older workers, and the youngsters
coming Into the labor force,
haven’t the skills required to
handle the nsw machine*.
The nation can be thankful more
persons are working this Christ-
mas season. It Still faces the
of taking care of a rirf— J'
force and a hard rare
ployables.
Labor, business, government-
al’ agree that 6 J*r cent of toe
labor force out of work ti taOl
loo much.
rtf
US. Pays $1.2 Billion'-
On ’MspbcedPeKons'
NEW YORK (AP)—The United
States has spent $1.2 billion for
displaced persons, refugees, and
escapees since World War U, a
State Department official (aid
kprivatt JiRtataa have vent
about fk*jame sum for the same
persons, almost 150,000 of whom
have been admitted to this coun-
try, said Richard Brown, director
of toe State Department’s Office
of Refugee and Migration Affaire.
Know Your Bridge
ly I. JAY BECKER ■
QUIZ
mean that the growth feature of
toe stock is very Important. On
toil matter you must depend
largely upon your judgment
TOE COMPETITION to which th*
company ta subjected may be
even more Important than toe
•tawe factor* Then are two
kinds of competition. First, that
which comes from some new in-
dustry taking the place of toe ta-
.....sit tirtzrsA...
•arable. TO* bidding ha* been:
East South West North
J ♦ Dble. Pass 1*
Paaa ?
What would you now hid with
each of the following fear
hands?
14J6S QKQ95 QA74 $Ut
& 4KQ74 *AQ82 485 *AJ5
«. 4A&n QKQJ6S 47 4X5
4. 4A7 f KJ74 4AJ6 +AQ85
poor hand.
X Four spades. Point count
doesn’t help much in evaluating
hands of such pronounced dis-
tributional strength. This hand,
with 15 high-card prints, to
obviously tor more promising
for yam* than either of the pro-
ceding hands, . ..
About *s good a way as any
to evaluate such bands is to use
the' losing trick method. If we
©Iff Sagtmmt &mt
Published afternoons, Monday through Friday,
and Sundays by Th# Baytown Bun, Inc,
I Aahbei to Baytown, Texas.
at Pterce and
Fred Hartman
Jim Boone.....
Editor and PubHaher
... Busineas T
......■■■miinti.
ADVERTISING DEPARTMENT
John Wadley ........................................... Manager
Paul Putman Retail Manager
Dorris Laughlia ...........f.................. National Manager
. P. 0. Box m, Baytown.
Subscription Rates
By Carrier $1.40 per Month $17.40 per Year
Mail rates on request ; >
Entered as strand class matter at the Baytown, Teas. Pori
Office under the Act of Congress of March g 1$7I.
Represented Nationally By
Texas Newspaper Representative*, Inc.
comae from other corporations
which can make the Mato’ artt
Regarding tne Itr*t, 1 Mve
lated ta a previous release about
my young fey* In Gloucester when
the primary industry was granite,
and everyone then in granite waa
making money. Suddenly the use
of cement was diacovered for
building purposes; and the rapid
rise ta popularity of toe automo-
bile resulted to pubUc insistence
aajgxcfvstf
nearly everyone In the granite
business of my home town went
broke, and there are now a dozen
empty quarries,
The competition of airline* with
railroads, of ofl and gu with
coal, and various other illustra-
tion! win come to your mind. To
keep alerted to this competition,
you should carefully read the
1 and use your owa
i of what Is going on.
w toe second form of
- ______ ,, .atari, nartnec with as little a*.
Lftfe. A takraul
competition, to keep ta touch yrii
.must study toe relative earnings
of your company and of compet-
ing com pantos. This is a difficult
task for Individual investors to do
without employing an established
investment service.
Th. AMMttUetari
■ •*■■' ,0mmB
lammt or tot amociatib raxes ... ____
yMi is wttttad sztowtr.!/ to th. as. far mtMlwttse «t
ud towf I«lli of iposUMoa. arista
«i aO oUmi auttlsv h*rria an aba iw>r-
Mmbsr ti Twaa rata Nawtsust Atm. aaS Tams rttm Am.
..." ■■■:'
•a be made not only with a
hand that contains the mini-
mum values for an opening bid,
but also with on* that contains
much greater strength. The
doubler to consequently under
obligation to clarify th* rise
and shape of his hand when
•ext it is hi* turn to hid.
Jn. this case, having made a
Btfidmua double, we can hast
Identify our hand at this point
WT IMtaji-ibtotaie* that
partner does not have a rally
nod hand; otherwise, he would
have jumped the bidding to
•how strength. There to there-
fore almost no chance of mak-
ing a game, and this opinion to
best expressed by passing. -
- 2. Two spades. Here we have
not only 16 points, but also bet-
ter distribution—including a
good trump lit These moderate
extra values above a minimum
double are shown by raising to
two spades. It would not he
safe to bid mote than that be-
cause partner’s forced bid
\
probability to that we will Jos#
only one trick ia each of the ,
three ride suits. Of course,
there are other hands partner
may have that will produce • .
satisfactory play tor game, as
well as some that may not
Still, all things considered, con-
tracting for game to a worth-
while venture.
4. One notrump. It takes few
discipline to bid only one BO.
trump With this 19 point hand,
tat that Is the winning bid hi -
the long run. One notrump to
an underbid, no doubt, but it to
a realistic Wd.
The chances of making game
are poor when it is considered J*
that East opened the bidding
and probably has 14 or more
points. There is not much left
for North to have, and it to
odds-on that ha has between
Hfe and 0 potato. A stronger
bid thin one notrump would ’’
therefore be a losing proposi-
tion.
TODAYS GRAB BAG
8y NAN JONfS
Central Prett Writer
VM ANSWER, QMCH PMK Of FAMI-OUKt IHi KAMI televMoo, amo. riaretag ia bar
I u. »■ th* «*rwr
mom berwl chiefly ? above. Bora in New York City.
, , . w,i . B iu. 1 MkM illtat ritPH he studied at Cornell for a few
a. at cmw-aoux a aa*______ r months, until the call of ths
tareeo two peop^ a tove-lettar f f W W* Mm <Ai_
•tttssjz*.. |£J
of the ■■ Laterfie appeared to v«ide-
rwiMsdi™ rf ■LummSMoem BESk MkS vffie and on ths New York
rirattraJniyf?^^ ^ ta such pndurikn aa
toL „ ii I I ssf-%
•* iave inclirisd
apahwwrvd fy«Qa
WATCH YOU* IAN9UA4I
NARRATION - (na-RAY-
ritoe) •— noun; a story or a»>
somt; the act of telling a story;
wwde er matter whkb taBl a
•tery. Origin: Latin.
Avoid aU moMeseary ri»fc»I
* secret friend aMa yen- *•*
QWti riril will be venturesome.
1—This actress’ real lari
was
in Denison,
Jk, «d studied at Los Angeles'
City College. Her career dates
back to aebori day*, when she
took part in student perform-
snoes. She was BO when she ap-
peared ta her first motion pto-
tare, ‘TOrCetairay.s
Her many films since then
have included "Shadow of the
Man,” "Courtship of Andy
....... ™-®z Canm
NAIFY MKTNBAY
nm. mum *4*
ii i III , I.',. g —.WT „
Hard/' and "The
*dy." For her
Here to Eternity"-she wbb
atahied the 190$ Oscar for the
tori supporting act**#*. She has
alw appeared frequently on
“Pirates of Monterey,"
Town After Dark" aad "Dw»y
Crockett" Who to h#»
(Nenesri bottom eferimal
IT HAPMNED TODAY
Twenty yean ago today Oh.
V. ft. declared waif ea Japan,
the day after the Peari BfuBir
BOW’D YOU MAXI OUT?
1. Denver.
2. An intelllgenre test bear-
tag his name.
3. A love-letter, ja—
4. A general.
0. No; sqim rignad as tot* aa
August
•nMtf st11ml M tMBKIDMM
ti»t in the agree- to kneecap.
■
wf
RALEIGH (N.C.)
NEW! AND OBSERVER
Sylvia Porter in her column only
pointed the obvious when she
wrote that teen-age marriages, ac-
companied hy mop - out from
school, praatiofer rawl«nn ;th#
couples to low income bracket#
’ for life. —--------
, No old folks should speak scorn-
fully of young love. But young
lovers cannot escape the tacreas-
Ing fact of our times feat the un-
trained are more than ever fes-
ttaed to join the body of the un-
ranployedL Am Miss Porteijputo it,
‘ There will be NO increases In
the demand for ufStidlled' Work-
ers.” Also as she printed out, re.
cent figures showed that while on-
ly one out of 30 protewifeal and
technical workers was out of a
Job, one of every eight ««ni-
skilied and factory writers was
employed. Furthermore, automa-
tion to swiftly cutting down th#
arris to which the untrained can
b^Vtwi^’aged boys and gM*
who offer each other their han*
and hearta and atop their edura-
tion in the process are also ri-
fering each other live* of diffi-
......culty and disadvantage. Maybe it
is not to be «|»ct«l that -gto
starry-eyed young will see ffiis
s;jectre. They should be steadily
confronted with it. neverthetoaa.
Bible Verse
to the fountain of
titan we see light.
A0R088 DOWN
LOmums l Secure
6. A Chip- X Brain m
pewa's boat S.Eskers
JL Famous A Lap dog
fabuliri (short)
12. SheepUka O.Flsber-
18, Blase men’s
11 Urinate-—- weaari' —
headdrari ILong, curt-
15. Organ of
hearing
18. Warp-
yams
18. Real
19. To bell
debt
22. Cat’s nail
25. Road top;
Otoe
Ing waves awa)
7. Girl’s name 24. First Tetohriluw
8. Loum egg man
9. Single unit 38. On the top 88. Gtom stone
10. Ever (poet) 28. Ef- 39.Purpose
17. Polish river feottve 40. Goddess of
^ reebrdi’
examina-
tion
29. Quirt
90. Black-
" boards
M.XnequaM-
tlae
S3. Drone
34. Circular
turn
18. Napoleon’s
exile isle
87. Goddess of
dawn
40. Bpeciet
African
. antelope
48. Greek letter
45. Thin metal
' disk
48. Eskimo
beat
47. Directly
(eolloq.)
4fi.Twto
crystal
18. To reproach 31. Weep
19. Roman 35.Callflhf
•20. E as ’ W pSiWm'
metals x IT. Hereto f
^11
wm
i
I
wi
1;
%
5T
&
1
W 38 39
... .
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Hartman, Fred. The Baytown Sun (Baytown, Tex.), Vol. 43, No. 59, Ed. 1 Friday, December 8, 1961, newspaper, December 8, 1961; Baytown, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1058092/m1/4/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Sterling Municipal Library.