European Stars And Stripes (Newspaper) - April 16, 1962, Darmstadt, Hesse The stars and stapes to group a _ the doors cite stand United new York Saidh ,.turnout tet Ware w now and growing it a hot Japan May in Estin enl ago Sharp it fit Ftp Aie we Haral had to to mtg. The not for be Tver we i Whf Abeen someone else Ortea to find a to know about an enter May offer oppor Twitty lot tote Best possible first it the Jiava chapters in United states represented by Del Chicago we Wayne put of Brustoa Settle san Fate discount cavi the Date store Ott Stow Vetna s4o the store or and others another $3 million a Seises a. V la moved lower during week new York cup Stock moved irregularly lower on the american Exchange in routine dealing last week reacting much Lea severely than big Board stocks to the steel Jite juror in Tor the five Day period off to 3gggss shares from the week before and 17.-111,765 in the like we of at the head a 3 Polaroid to sett snap it see it color film Soen new York up the Polar-4 corp announced1 that it web introduce late this year or Early text year a Olor film that can be developed within seconds. The film a Fly be similar to the company film which a Essie be inh be fun will be. Marketed Between october and mar or a " land also reported at the an Tui meeting fat sates in the first from j14 i Ullon by Tiv 19s1 pet of. Vat Mittoo Jiing r of wet w 35 Celta a8 Over steel just the latest in president business Battles b7 Raymond a Crowley Washington the great clash Between president Kenned Yand big steel companies represents nothing Eter tingly new in uj5. History. Down the years there have been some notable set to be tween presidents and High business chief executives have won More bouts than they have los although the argument St go a Over the Tong Range results. A real rocking struggle too place in out 18�t this we pres ident Andrew Jackson s famous War against the second Bank of the United states. The Bank had been chartered by Congress is 1516 to insure a sound paper currency and Check free and easy issuance of Money by state Banks. The government appointed one fifth of its directors and placed Federal Money on Deposit in it Jackson charged that the Bank controlled As it was by private financiers wielded monopoly Power dangerous to the country. He also had a deep suspicion that Bank officers most of whom were Sotl Jackson worked against Bint politically. The result was a. Long bout be tween Jackson and the Bank s As tute president Nicholas Fedje Oft a Philadelphia. Jackson won. He vetoed a Bill to extend the Bank s charter and had the government deposits potted oat the Bank eventually faded from the scene in the heat of Battle. Jackson helping hand started huge . Motel Chain san Diego Calls up Cotting is a businessman who almost foundered on the financial rocks of the depression 30 years ago Bat bounced Back to build a Fortune Ona commodity Best Deses bed in two words Friendly King a robust 58-year-old who about Snow a Rumps As Fly a swim dog and yachting got hit Start lathe Mote business by tending a helping band to a Flea Adalle distressed widow. His helpful hand Polit in has paid off 4ver Smee hit first Motet Ven Ture in 1904now he president of the Rafatti trave Lodge corp network to More than 200 motels operated on a unique partnership basis. Trav Todge s partnership plan King said differs greatly from e franchise Deal tinder which Parent Motel company Sells the use by us Chain name aft. services on a fixed tee basis ,. \. Even Suqi. 1. Net profits Are stated on a 50-50 basis Between the corporation an the and Mitial trave Lodge opera Tor the Favot gets 10 percent of has Gross Ai salary. Three per cent of the Gross also goes into Traft Lodge and we Formes the Depora Volt fee pid. We sought flies tors with s40jdoo or so jog a Opie who had made a reasonable economic 45 years Osage. Who wanted tin oppor Tonty to put Money into a Amsl new that to Iteld provide them with a Graceful manner of if Yang. That Why you find so Many than a King said operating a Motel is a i t 11 k go. Anima unwed i Wom h i str i Yartu a f j Ahe did Sot a of that Type Cigar Rihl a let a Fiji it a �.-. No it to Muir Nitu Pieu Sivu w produce to offs a frs a Rehoff it Iam Tonev Grad Taz Annis antfc., anti laced to will begin Effort Toho Nae shortage cuban w the Cigar Jib to Ivic Laiafa in i Jota la a Imit 1makvbw off Noacco in ported to Indiana the mixture was a Trade secret but lie said the new dear would Haven affect on the production of the firm s pure Havana of Nurieh company whih owns to Mpa Cigar cafe has been fat business in Idt a for More Haa 100 Yeara Seleb said. He said the move will tit they it vast of modern machinery tier Taer Ruthm ave have by no Means tantamount to retire ment frequent inspections Are made by travelling agents of the Corpora Tion to see that the motels Are unto Standard. We have a regular report car they turn in said Keg they Pat the operators on the Back if they re doing a Good Job and they1haw pm out if they re doing a shoddy Job. Oar Check list include the kind of reception a person gets when he enters the Motel general cleanliness and room conditions. If a lamp does t Light that s caned to the operator s attention. All such constructive starting originally was a construction Man. After graduation from Stanford University he went int fits lather s building materials business Here. In 1934, a neighbouring widow asked him about building a Mot either were called Auta courts Thea on her property on Pacific coast Highway. I was very help Rny said King with a smile mainly because needed the business. I made arrangement to get her some mate rial on credit helped with financing but then she decided her fund were too limited and i took Ever the place. I had no Money to speak of and built the Tao on credit the san Diego expo Simon started about that time and we got going Good. I built a Tew More motels before the exposition King became a Motel builder specialist but it was not until Al most 20 years later that he got Ultra Elodge idea and made to go. Kin flies Bis own plane around the country to see the Motel operators and talk Over doubt whether we could serv ice our organization without Pri vate flying he said. We have motels in comparatively Remote places like Bishop in California and Flagstaff in Arizona. These places have no scheduled Alrtle service but they Hay adequate do potato . Dei up1jtj� Dupont co Aan iced it will Outda Plant at Dan inn Iowa to Maun facture it inc. Was fond of etching the Bank a Hydra of corruption. Looking Back most historians disagree on that. They believe that on the whole the Bank was Well ran but Many of them agree Jackson had widespread Public support in a complaint that the Bank was a private monopoly a bin harvested too Rich a Reward for its service. Coming Down to the 20th Century. President Theodore Roosevelt Hook his big stick in Many a toting match with Trust and me called malefactors of great in february 19qq, he tossed a sort of Bombshell into the Finan Cial world by bringing soft Troug tithe Justice department to break up a holding company called the Northern securities co. This was a great Railroad combination Pat together by Al Pter Pont Morgan. Edward a Han Monand James j. Hill amid cries from the business world that to was pushing the panic Button the government pressed the suit and won. Roosevelt pushed in with court action against the meat Packer rust the tobacco Trust and Standard 00. Re won Dejeet Ttomas Himach ease. Historian Are divided on Fth effect of Roosevelt s drive. Admirers say he do Jedi Tau ser ice in saving free Enterprise against the sin of certain Fri businessmen. Others say the trusts were thriving More earthy whence left the debt feat Totne than when he entered to under Franklin d. Roosevelt of course there were Many clashes with men High to the business world. Pushing the manifold Meas ure of the new Deal be dubbed his foes Money changers an economic Irwy by called him dangerous Radical wild spender. H. " one picturesque encounter took place when president Roosevelt seized Montgomery Ward a cd. Rorn a 5944 wartime strike arid the company s hard bitten chair Man the late Sewell a very re fused to Budge from his office chair. Carried ont the result was a a Mot picture showing two soldiers carrying Avery out Stih a e sitting explained later to fact the had forced his bodily removal in order to dramatize the March of Dic and he soon returned to his office. Steel companies have had a num Ber of major clashes. Wei govern ment the last of which was with i esdent Barry s. Truman to 1s83lmr, Trumar seized the steel my Dusty to Avert a strike. Bitterly protesting the companies went to court two months inter the set preme court ruled that it pre rident had no inherent Power As he claimed to take Over the Tain the president Ratu Raed them to private ownership. Exchaiige5� most Active list new York to i the Moat Active stocks traded on to me York Stock Eaid Bante it Trot file week. A wac us Svi pm a attn 8u on no Floc m4b wac pfc he 1 w4 Fli � % its pc. � 4h
