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Collection: Newspapers > Nevada City Nugget

February 17, 1939 (6 pages)

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fon NEVADA CITY NUGGET _ — = _FRIDAY, FEBRUARY 17, 1939. Pe ~~ Nevada City Nugget 305 Broad Street. Phone 36. A Legal Newspaper, as defined by siatute. Printed and Published at Nevada City. H. M. LEETE Editor and Publisher =Published Semi-Weekly, Monday and Friday at Nevada City, California, and entered as ‘mail, matter of the second class: in the postoffice at Nevada City, under Act of Congress, March 3, P1879. : SUBSCRIPTION RATES One yéar (In Advance) $2.50 HOLDING THE RUNAWAY Who Owns A Company? A typical American company recently set about finding out who its owners are. [t had known, of course, that the company president was no more the sole owner than is the President of the United States the sole owner of the country he administers. The company learned it is owned by average citizens, living average lives, investing their money in average companies because they have faith in American industry and the American plan of producing wages and dividends from honest work and honest products. . Many persons might be called indirect shartholders. They enjoy returns without actually owning stock of the company. It comes about, for example, through their having insurance policies on their lives, or homes, or places of business issued by insurance companies that are part owners through shareholdings in the average company. Such investments of paid insurance premiums safeguard the ultimate payment of an insurance policy. Thus each policy holder benefits indirectly by the advance of the companies in which the insurance company has its investments. The same is true of those holding shares in investment trusts. Likewise, this may be said of those using the facilities of universities, hospitals, and ‘clinical foundatios. These institutions keep going on the earnings of their endowments, realized from holdings in stocks of average American companies. Partnerships in estates are another example. A breakdown of stockholders of this average company showed that 4,300 of them are men. Some are wealthy. More are not. Then, there are 4,084 women—mothers, wives, sisters, daughters, sweethearts, widows, women who are business for themselves, teachers, secretaries, clerks, office managers, doctors. Thus an average American company is owned mostly by ordinary citizens engaged in the regular pursuits of life. But as the result of the ownership being shared by such institutions as universities, hospitals, and charitable organizations, the benefits are passed on to those of the general public who in SSS 4H. Tite WITH YOUR ASSEMBLYMAN “SCOOP” THURMAN -AT THE STATE CAPITOL six in the day. senate. gold du There are only eight bills thus far before the committees of mines and mining of the two houses of the legislature, but two mining bills having been introduced in the assemibly and The two assembly bills Nos. 2245 amd 2250 propose laws which would require the finger printing of all persons who deliver ore, concentrates and amalgam containing five troy ounces or over of gold to any person, firm or corporation in any single day and all persons who deliver ore, concentrates, nuggets or specimens containing five troy ounces or more of gold to any licensed gold buyer in st, any Senate Bill No. 33 introduced .by bullion, laws by the locator or owner, with intent to dispossess the rightful . loeator or owner ,or to cloud the title to any such mining claim or ground, or with intent to deceive, cheat, wrong or defraud the previous locat. ulently attempts to sell or sells or disposes of any such mining claim or ground to any other person, for valuable consideration, or who re moves or sells any personal property, building or structure therefrom belonging to any other person, or who obtains any money or property by any such wrongful acts, is guilty of a misdemeanor and is punishable by or or rightful owner, or who fraudi Health et Prepared ‘by the Red Cross Visiting Reivieieiete! Nurse esterteates iNiMivinieicioioleieiiiieoiuieioieieloiijeioio, SUPERVISING CHILDREN’S : HEALTH As part of the maternal and child health work ‘to be conducted through Social Security funds in California, the Bureau of Child Hygien® of the state department of public health is providing opportunies for thorough medical examination of young chil% ried on month by month in. most rural counties of the state, a doctor supplied by the bureau being = on hand at stated intervals to give the health guidance for mothers and the young children. In sucn conterences ‘for health supervision, an endeavor will be made to assist the mother in keeping her children well and to discover any physical handicap which may be dren. This plan of work will be car-. The splendid display of Cub Scowt hand ‘work on display in Dickermans Drug Store windows, is receiving much praise. The Piety Hill and Willow Valley dens of the Cub Pack .£ are composed of ‘boys from nine <> eleven years of age. They have made artistic burnt work panels, airplanes, tooled leather, boats, baskets, and pressed leaves in the “home center” program, demonstrating the natural . ability of the group of bays. James E. Sowder is cub master and Bert Foreman, committeeman. developing. Arrangements for the correction of any physical defects that may be discovered will rest entirely with the parenits of the children. All corrective work is. re. ferred to the family physician. /~ In Nevada City this work is being conducted under the Parent Teachers Association of which Mrs. W. Young is Child Welfare chairman under the direction of Mrs. Hefelfinger. The staff which the bureau provides ‘will consist of Dr. EHmaline Banks, assisted by Mrs. Heffelfinger, Public Health Nurse. The place of meeting is in Nevada City elementary school, on Saturday, February 25, 9-12 ‘a, m, GRASS VALLEY HIGHWAY NEVADA CITY, CALIFORNIA PROUSE MARKET OPEN 7 DAYS A WEEK 7 A.M. TO 8 P.M. CHEESE _American or Blick 2 Ibs. ... 49c Tillamook 2 Ib. brick .:..... 49c i eae $1.00 Willows 5 Ib. brick MONARCH .COFFEE Sod CMOS Mies eae MN ants oe La 76¢c aA ORME oe Neuss es dela ican 68c 1 Ib. vacuum pack ........ 24c BOCA COFFEE 1 Ib. ...... 20c 2 Ibs, single }imprisonment ‘for not more than one year or by fine or not more than one thousand dollars, or both. _ Contributed. enjoy their facilities and services. This indirectly shares with non-stockholders the fruits of ownership. The public in this way is better off when the avera ge company progresses.— Senator Fletcher is an act to add section 533a to the Penal Code relating to miming claims. The bill is as follows: 533a. Every person who ‘shall enThe Present High Cost Of Debt . liter upon and attempt to locate or relocate any mining claim or ground previously . located and legally possessed unider the mining Jaws of the was before the World War. national income will be 78 per tax collections.” We, t not. Tomorrow. . principal as well Children of today are pointed to by many as those who will have to bear the entire brunt of paying off America’s rapidly rising debt at some future time. The national debt is pictured as something for future payment. However, these people are thinking only of the principal of the national debt. They. overlook the startingly significant sum that must be paid annually as interest alone on the public debt. . This item of interest has become a major cost of government. In the coming fiscal year, it will exceed by $185,000,000 the cohbined costs of maintaining Congress and the departments of Agriculture, Commerce, Interior, Justice, Labor, Post Office, Treasury, and all other regular Federal activities. The interest figure, from another angle, will be 43 per cent higher than the annual cost of running the government
_ The cost of $1,050,000,000 in carrying charges in the fiscal year beginning July . in proportion to the size of the. cent greater than in 1929. This amounts to almost one dollar out of every five of total federal All of us thus are paying daily in interest charges on this It is a big and growing part of our daily cost of living. oday, are paying the interest, whether we realize it or the children of today will have to try to pay as €ven a greater amount of interest.—ConBUBBLE may be a bit stale, but at: it is an angle. Quoting from an . Teview of Hitler’s recent: the London Daily Teleland and France: would not justify another trial at arms.” Taken together these remarks may well seem to portend a reinforcement of the hopes of peace, for if Germany or rather shall we say the “‘axis” does not want a war, certainly no one else ‘has any reason to expect. one. This struck us as a very ‘hopeful interpretation, and one we ,fervently pray may prove correct. ——000— POLITICS ‘We have a feeling the battle now being waged at Westwood will be a fight to the death. It should clear the . air considerably and out of it we'd be willing to bet will come good. This e. state has long endured unfair labor eireuses, but this time it would seem -. that the temper of the people will no . . they went back to sleep again. ~ United States or the State of (California, where discovery and location of a vein, lode, placer or other mineral deposit has: been lawfully made, and location notice and proofs of labor regularly filed and recorded, or who files location notice in any County Recorder’s office on any mining claim or ground or part thereof, previously so located, possessed and held in good faith under the mining Senate Bill No. 220 introduced by Senator Wagy is an act to amend the Public Resources Code relating to_ the relocation of mining claims. The act as amended would require a ‘‘Notice of Relocation’? which notice shall be posted and within thirty days after posting the relocator shall necord a true copy of the notice in the office of the county recorded in such county as the claim is situated. The notice of relocation shall contain thie same inifformation as requiried notice of location under Section 2301 and in addition thereto it shall con. tain the name of the original lode or . claim and the name of the original locator. or locators. Next week we will give a gist of the other four mining bills. would-be powers behind the throne, as Mrs. Rossiter and the NLR board etc. ete. Pressure will no doubt be brought to bear and perhaps Caliornians can look forward to: more Never have wh seen a storm clear up as rapidly as on last Sunday afternoon. One moment it was snowing heavily and the next, the sun broke through. Clouds . scampered away leaving a veil of rosy mist in their wake. The mist seemed in a hurry too, anid as it lifted we heheld tall peaks ike immense sugar cones against an azure sky, their snowy. slopes jtouched here dnd there with peaceful labor unionization in’ the. Why? Pi near future. The wind has just turned to the 000 nohth. —o0o0 LOCAL VALE io, everybody. ney. ‘Pay $100 down and $25 a week for the next ten weeks.’’ bile,’ said ‘the client. 000 TRIVIA Doctor, I need a change of air. How very forunate, young lady, And wiith this we say to you, cheer“Here’s my bill,” said the attor“Sounds like buying an automo“I am,” replied the attorney. Far at chase them back into: hiding again. . BONNIE DOG FOOD 6 cans CATSUP, Del Monte Brand Large bottles 2 for OYSTERS, Willapoint Large cans 2 cans OYSTERS, Waldorf. 5 OZ cans each.......... SHRIMPS, Dunbar Original Dry Pack 2 cans SCOT TOWELS © 2 rolls M-D TOILET TISSUE 8 volls for AMBASSADOR TOILET SPECIALS EFFECTIVE FEB. t7 TO 23 INCLUSIVE. "arge extras, dozen. ....... 25c BORDEN’S ICE CREAM APRICOT NECTAR, 12 oz. can A Delicious Drink Sacramento 5° CHOCOLATE SYRUP Hershey 16 oz, JELLO, All Flavors 3 packages RED CHERRIES, Yacht Club, pitted. No. 2 can GRAPEFRUIT, Fresh, Large. Dozen PEANUTS, Fresh Roasted 2 pounds MAYONNAISE, Taste Rite Quart jar 34° 25° HANDLE ONLY MacGILL’s HOME RANCH EGGS ‘ATSUP, Sacramento Brand 12 oz. bottle. 3 for WE Medium Extras, dozen We Carry At All Times 16 oz. loaf 116 pound loaf TISSUE 6 rolls Whole Wheat or White PEAS, Dew Drop No. 2 can CORN, Reinbeck No. 2 can , THREE FOR 25c TOMATOES, Columbus No. 216 can 8 for 25c¢ 3 for 25c 83 for 25c 3 for 25c ARMOUR’S SIRLOIN OR . MEAT DEPARTMENT Dc You Like Beef—We Carry Armour’s Quality. ARMOUR’S STAR HAM—Pound ARMOUR’S STAR PICNIC HAM—Pound ARMOUR’S BACON—Sliced or 27c Pieces, pound ce 33c ROUND STEAK, Lb. 32c the pink ‘fingers of the setting sun. A more beautiful sight would be hard to imagine, . ; Quite a few car loads. of late skiers, hurrying to get out of the deep snow before dark paused along the highway to admire. —o0o0 ENTERTAINMENT a Two movies ‘to look forward. to. G. B. S’s “Pygmalion” with Leslie Howard, Wendy Hiller and Marie Lohr heading ‘the cast. This is ‘the: first and so far the only full length GBS play to reach the screen. Be-: ing a peranual stage favorite’ it ought to make a good movie. The other, a daffy musical comedy version of “The Three Musketeers as done by the Ritz Boys. You can imagine what it will be like, or can’t you? ——000——— BUBBLE ' ‘Well the crocuses are once more peeking out after being so discouriia BEWARE OF IMITATIONS! _ get the original Miller High Life.. the best beer from old Milwaukee, Here’s howto be-sure: ®, B This Gold Foil Nec as the badge of a true brew, Accept no other. : bears the name