The Cotulla Record (Cotulla, Tex.), Vol. 56, No. 26, Ed. 1 Friday, August 21, 1953 Page: 3 of 6
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FRIDAY, AUGUST 21, 1953
THE COTULLA RECORD
COTULLA, TEXAS
Page 3
By VERNE SANFORD
Texas Press Association
1 Austin—If you want to accept the
testimony of two observers who ex-
pressed themselves here, there is go-
ing to be a downtrend in business in
the immediate future.
' That doesn’t mean, the commenta-
tors agreed, that there is going to be
a crash in the 1929 manner.
It does mean that business men
are going to sharpen their sales tech-
niques if they hope to get as much as
they have been accustomed to in the
last 15 years or so.
—tpa—
One of the speakers was Dr. J. R.
Stockton, director of the University
of Texas Bureau of Business Research
Addressing a group of Austin busi-
ness men, Dr. Stockton advised tight-
ening of the belt and holding on for
times that may be a little tougher.
“You won’t go broke,” the speaker
told his audience, ’’so don’t get pan-
icky. You might have to polish up
on your sales techniques, though.
You’ll have to get out and scramble
again.”
Business will be somewhat less act-
ive than it has been in the period
since 1938, Dr. Stockton said, ad-
ding: “We’ve had 15 years of boom.
We’re not going to bust, but all the
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signs indicate a slight downturn.”
As factors indicating the trend,
the researcher listed farm income,
industrial development, and govern,
mental expenditures.
All of those, Dr. Stockton noted,
point to a leveling off in business.
“Watch your inventories”, the
speaker advised his listeners, “and
cut down on your credit a bit. If
i you keep your business on a sound
basis, there’s no reason for worry.’’
—-tpa—
Also noting the business trend was
Senator Lyndon B. Johnson, who said
in a statewide broadcast that, while
we are not on the verge of another
depression, “certain disturbing signs
are becoming evident.”
Retail business is off in most Tex-
as areas, the Senator reported, and
farm income is down 18 per cent for
the first five months of this year.
Home builders’ sales are declining,
and automobile dealers are finding it
harder to move cars, Johnson said.
His answer to the problem of threat-
ening bad times is to line up the full
forces of the government.
The Senator is up for re-election
next year. He opened an office here
and announced that he would do quite
| a bit of traveling over Texas in the
—tpa—
Senator Johnson’s is one of many
political races that will be run next
year—but the entries are yet to be
| posted.
People who try to determine the
shape of things to come have their
eyes on the Democratic State Execu-
tive Committee’s meeting at Mineral
Wells, September 11.
State Chairman Wallace Savage
called the meeting, but did not indi-
cate what subjects are to be discussed
Likely there will be some discuss-
ion of National Committeeman
Wright Morrow, who supported Mr.
Eisenhower for president last year.
National Democratic Chairman
Stephen A. Mitchell, during a visit to
Texas, said his committee does not
recognize Morrow.
George Sandlin of Austin, secretary
of the State Democratic Executivj
Committee, put it this way: ‘\ou
never can tell what might happen
when a bunch of Democrats meet.”
—tpa—
Getting back to the political races
of next year, and trying to figure
out who’s going to run for what
the whole thing depends pretty
much on what Governor Allan Shiv-
ers decides to do.
And if he has decided, he isn’t tell-
ing.
Some say that the governor will
announce his plans at Mineral Wells.
But the best guess seems to be that
Shivers will keep ’em guessing.
There is reason in that line of
thinking. For example: Should the
governor announce that he is going
to retire after serving his present
term, then his influence with any
special session of the Legislature, ei-
ther late this year or early next year,
would be lessened.
As it is, Shivers is in a strong po-
sition, whether he intends to run for
| reelection as governor, seek some
other office, or retire from public
service.
He can afford to wait.
But his waiting bedevils other
prospective candidates who will run
for one office or another, depending
on what Shivers does.
—tpa—
| Prime business at the Mineral
| Wells meeting will be plan-making
t on the part of the Shivers group, as
■ opposed to the so-called Democratic
“Loyalists” who have already per-
fected their roganization with Byron
Skelton of Temple as chairman.
The loyalists seek to regain con-
trol of the Democratic party machi-
nery in Texas by overthrowing Shiv-
ers and those who, with him, succeed-
ed in giving Texas to Eisenhower last
year.
Not to be overlooked in the politi-
cal picture are the Republicans, who
have been working earnestly toward
making Texas a two-party state.
—tpa—
Hearings on ouster charges a-
gainst District Judge C. Woodrow
Laughlin of Alice will delve deep in-
to the dark and mysterious politics
of that South Texas area where
George Parr is reputed to be the
big boss.
District Judge D. B. Wood of
Georgetown was designated master in
chancery for the hearings, which will
develop testimony as to whether or
not Laughlin should be removed from
his office.
Twelve South Texas lawyers are
leading the effort to remove Laugh-
lin from the bench.
Laughlin’s court serves Starr, Du-
val, Jim Wells, and Brooks counties,
where the Parr influence is felt.
Parr was a backer of Laughlin at his
last election, in which he defeated
Sam G. Reams.
—tpa—
Everett L. Looney of Austin, or-
iginally listed as one of the attorneys
for Laughlin, removed himself from
the case.
—tpa—
SHORT SNORTS: The state has
on hand a balance of $199,199,808 in
all funds, which represents a decrease
of $7,800,000 during July, according
to the figures of State Treasurer
Jesse James. ... If you have
deductible property damage and bod-
ily injury insurance, that’s not en-
ough to satisfy the requirements of
the driver responsibility law, says
Casualty Insurance Commissioner
Garland A. Smith. . New hunting
and fishing licenses will be ready for
sale about August 20. . . The state
parks board is distributing a directo-
ry showing the location of state parks
and showing how to reach them by
road.
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LIBRARY
OPEN
TUESDAYS, THURSDAYS
and SATURDAY'S
4 to 6 p. m.
County Court House
BMUHRM
Richard Dobie, Jr.
ATTORNEY-AT-LAW
COTULLA — TEXAS
I
ROY E. DOSSEY
LICENSED REAL ESTATE
DEALER
Money to Loan on Farm*
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Res. Phone 134 Office 584
Office on Front Street
Cotulla, Texas
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wnnuiiXiEEH:
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The Cotulla Record (Cotulla, Tex.), Vol. 56, No. 26, Ed. 1 Friday, August 21, 1953, newspaper, August 21, 1953; Cotulla, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1160657/m1/3/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Alexander Memorial Library.