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4 Th Newi-Rtvlew, Roieburg, On.WiK, Stpt. 8. 1951
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CHARLES V. STANTON IDWIN l KNAPP
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A GOOD TIME TO START
By CHARLES V. STANTpN
Labor day marked the beginning of the Defense Bond
program. " ... i -u
Through September and October American people will
le urged to buy savings bonds.
During the late war the people of this nation bought
billions of dollars worth of bonds, inspired chiefly by patri
otic fervor. But acquisition of bonds did not stop with the
end of the war. Many people found the payroll deduction
system an excellent method of saving. Bonds accumulated
during and after th war were set aside as a financial cush
ion" against possible depression days. ,
It had been rnticipated that people would rush to cash
their bonds when tne war ended. Instead they bought ten
billion more bonds th?n they cashed during the five-year
period following the close of hostilities. While redemptions
have been slirhtlv higher than sales in recent months, bond
buying still remains at high level. The public continues to
hoid more than $5? billion worth of bonds purchased since
1941. During the same period savings deposits in commer
cial banks have more than doubled. Since 1945 holdings of
saving bonds have increased 14 percent, while savings de
posits in commerci.il banks have increased 17 percent.
Socialistic Fiscal Policies
We hear today much dissatisfaction with government
fiscal policies. People are fearful of inflation. At the same
time there is greater fear of depression.
Savings bonds and savings deposits offer us our
surest protection against either inflation or depression.
Our federal government follows the socialistic idea of
taxing away from the people their surplus income, per
mitting the government to spend that money in channels
which, theoretically, will reduce inflationary dangers. Our
master -mind economists contend that people have too
miti:h money to spend. If they spend this money in com
peting for consumer goods, which may be short in supply,
inflation will mount. Defense production, we are told,
will cut the supply of consumer goods. Thus we must
drain off surplus money to keep it out of competition for
merchandise, the government contends.
While we cannot agree with the "papa knows best"
theories of the administration, it is a recognized fact that
Inflation results when too much money is in circulation.
There might be better excuse for the government's .pro
gram if the money taken from taxpayers actually were used
in fighting inflation, instead of going into unessential gov
ernment spending, tending to increase rather than decrease
inflation.
We have faith in the ability of the average American
to handle his own affairs without the necessity of having
his pockets picked by socialistic economists. We don't
believe it necessary to load the American public to the
breaking point by taxation, while the money so obtained
is used for all sorts of agencies, bureaus, departments,
authorities, administrations, and other unessential func
tions, using, at the same time, still more billions to finance
a world vide WPA.
Best Finanial Insurance
Many people, finding a hard struggle in making the
inflated dollar mett the steadily mounting cost-of-living,
will argue that there is little surplus left to be siphoned
away from the public. But it also is true that we still have
a record national income, despite the smaller margin between
income and cost-of-living.
The srnart individual is one who is salting away all
that he can. The money he puts into savings helps reduce
inflation. If recession should come, as so many people antici
pate, the accumulated savings will soften the impact and
prevent a severe depression. Should financial conditions
worsen, money would be released from the storehouse of
savings. As this money went into circulation it would bolster
production and thus limit the downward trend. Thus our
financial protection, against either inflation or depression,
lies in a large accumulation of savings.
We near some people complain that it is foolish to put
dollars- into savings bonds, only to have our currency inflated.
The dollar obtained from the sale of bonds then would have
even less value than at the time of investment. There is.
however, greater possibility that a dollar invested today will
be more valuable upon bond maturity than at present be
cause of deflation.
But buying savings bonds cannot be regarded as a
gamble, no matter which way the dollar may go. Bonds
offer the best possible financial insurance.
We may be nlnched between higher living costs and
rising taxes, but thrift is still highly desirable. For manv
people the payroll deduction plan of systematic bond buy
ing offeis the easiest method for accumulation. Those not
now following the system might well consider n start dur
ing the cirrent campaign.
All-Purpose'Credir Card For Travelers Coming '
Is This Trip Necessary ?
o
o
i
I "N .
CONGRESSIONAL GIMMICK IN CONTROLS
BILL HELPS MAINTAIN HIGH PRICES
By BRUCE BIOSSAT
Whenever price control measures have come before Con
gress in recent years, a curious economic theory has reared its
head. What it amounts to is taking virtually all the risk out
of doing business.
Sometimes this notion has been
shaped into a "guaranteed profits"
proposal. That was suggested iack
in 1946. and again this year. It
would assure businessmen a pre
scribed level or percentage of prof
its. Tha arrangement occasionally
has called for tht extension of this
principle to every line a manu-
SI'OKANE (.11 - An "all-nur.i
nnsp" ProHif mrrl tl,nt u.ill
mil travelers to charge their eat
ing and sleeping bills in 200 west
ern holds, restaurants and motels
soon will be available.
This new credit idea was ex
plained by Edwin L. Mays of Port
land, president of National Credit
Card, Inc.
It will permit travelers to go
nbout without carrying large sums
of cash and also will help guide
them to the best places for eating
and lodging, he said. Both ho
tels and clients will be screened
"very carefully."
"Several largo companies have
Indicated they will have their
salesmen use our cards," Mays
said, to eliminate expense account
difficulties.
"Some salesmen probably won't
like that," he added with a smile.
He said establishments in 11
western states will be in'rliirlnl in
the system.
In The Day's News
By FRANK JENKINS
(Continued from Page 1)
BEEN FOUND and the sources
quoted by the Herald made no
such statements as those attrib
uted to them."
This is the point:
SOMEBODY licdl
. Who was it?
At this point, I'd like to set
forth my own reactions.
I DON'T BELIEVE EITHER
SIDE.
I'd like to add that things have
come to a pretty serious pass
when one can't believe either the
British foreign office or a great
newspaper like the London Daily
Herald.
Let me carry these confessions
a bit farther. In our OWN coun
rty, in disputes involving political
considerations, I find that I don't
believe either side. I just shrug
my shoulders more or less uncon
sciously and say to myself: "Oh,
heck! It's just politics and NO
BODY BELIEVES A POLITI
CIAN." What is politics?
The dictionary defines politics
as "1. The science and art of
government. 2. The theory or
practice of managing affairs of
public policy or of political par
ties; hence political affairs, prin
ciples or the like."
Question:
How are we to have good gov
ernment if nobody believes any
body in matters concerning poli
tics? Another question:
Where are we headed if we
haven't got and can't get good
government?
That prompts the BIG question:
How are we to GET good gov
ernment? Government we can BE
LIEVE? Government we can
TRUST?
If w are to have better gov
ernment in these days, govern
ment more nearly approximating
the ideal of the Founding Fathers,
it seems to me that we the peo
ple must have higher standards
of private and public morality.
In democracies such as ours,
WE are the SOURCE of govern
ment. A river can never rise
higher than its source. If the
source is polluted, the river itself
will be polluted. :
If we have dishonesty in govern
ment, it is because we the people
TOLERATE dishonesty in govern
ment. If we are to be able to be
lieve men in public life, we must
get back to the simple conviction
that LYING IS WRONG.
In his column in the Klamath
Falls Herald and News the other
day, Deb Addison made the tre
mendously significant statement
that the way to make sound de
cisions is first to decide what is
RIGHT and what is WRONG and
then choose the right. The whole
business can't be put much better
than that.
ENDING
BASKET
Human Rights Covenant To Be Part of U. N. Creed
GENEVA -(.V) The United
Mates delegation has scored tri-
mnph in Its campaign to have the
I'mted Nations write I human
rights covenant listing civil and
political rights.
The U. N. economic and social
council adopted an American
backed resolution requesting the
general assembly, which will meet
in Paris Nov. 6, to reconsider its
decision directing that the pro
posed covenant include eco
nomic, social and cultural righls
as well as those of the civil and
lt)tical field. I
The United States delegates con
tend tli the U. N. should com
plete now a covenant covering
civil and political rights, with the
others to be included sometime
later.
The Soviet Union UM insisted
that all rights should be container!
in eae covenant an, that a na
tion's signature is "tantamount to
implementation." In other words,
in the Soviet view, any articles
loosing to enforcement of the
rights should be eliminated.
A IrilnmMAt- mnuaU ten
njuoid r,hiv.O IVVVJ
If those Bitwuns don't watch out,
come Oct. 15, they're going to
find themselves a-sitting on their
hillside, surrounded by their lares
and penatcs not to mention their
goods and chattels, with maybe
a tarpaulin over the whole works.
For entertainment there will be
a Greek chorus of "I told you
so's" echoing in their ears. But!
could they help it if other jobs
came ahead of theirs on the build
ers agenda? (Yes, they could!)
However, Matilda Bitwuns, who
is definitely not a rolling stone at
heart, found a cheering thought
in the fact that although they may
have lived in a succession of
apartments and houses here and
there, they have never had more
that one real home.,Jsn't that so?
One can rent a house or apart
ment, but can one rent a home?
One can sell a place, but can one
sell a home? Matilda comforted
herself by remembering Alger- i
non'i answer, one time, when she 1
had said something about his at
titude in regard to a hoW
Said Algernon, in a surprised
sort of way: "Why.aiy home is
wherever you are." Matilda real
ized a lot about where herjiome
was. too, as she thought that over.
Being together that was home.
So even roughing it on a hill
side, she and Algernon would have
a home, the same home they have
had over thirty years. Surprising
how one's attitude can sweeten
an exptrience, isn't it? It's all in
the point of view. She remembers
how unimportant the location and
size and so on of a place to
live seemed In those years long
ago when Algernon was at sea and
she was lonely. It wasn't so easy
then, in World War I, to break
away from well-meaning, loving
parents. She wanted to do it!
"But suppose " was dinned into
her ears. So she waited in what
seemed no longer a real home
until such time as Algernon cam
joyously in the door. Then she
was "at home" because he was.
A home is like a lamp which
must be tended carefully but al
lowed to shine beyond its imme
diate area I uess, thouht Ma
tilda, as ttis idea came to her,
that is why I love to drive along
streets or roads and see the lights
in houses shining nut into the
darkness. Or lights from a house
far off on a hill. . . a little below
the statt Q
o
facturer produces. In other words,
it he happens to make stoves, ice
boxes and vacuum cleaners, the
ceiling price would he set to guar
antee him a profit on all these
items.
This plan, however, has never
actually been cast into law. The
opposition always has managed to
muster sufficent strength to defeat
it.
But an alternative device lean
ing in the same direction did find
its way into the defense produc
tion act as renewed on July 31 of
i this year.
i It is the so-called Capehart
amendment. It was fashioned at
3 a.m. one morning in a sen
ate-house conference meeting on
the legislation. The clause provides
simply that anyone may obtain a
price ceiling for his product that
reflects all his added costs from
the period before the Korean war
to July 26, 1951.
Ud until this provision was in
serted and approved, government
policy had been to set ceiling at
pre-Korean levels plus all direct
cost increases those for labor and
materials.
The Caphart amendment allows
the manufacturer to toss in cost
changes in overhead, advertising,
selling, and the like.
In so doing, it has greatly weak
ened the price stabilization struc
ture and immeasurably compli
cated the problem of judging the
fairness of manufacturers' cost
claims.
The business technique of cost
accounting is so highly developed
today that one firm, in an experi
ment, got six different cost results
on its products by figuring its costs
according to six different account
ing systems. The range in figures
was great. Furthermore, most
companies do not keep records
which show accurately how their
indirect costs (selling, etc.) apply
to the cost of their products.
For the government to check on
cost data submitted under the
Capehart amendment would be out
of the question without a huge ex
pansion of OI'S personnel. So there
is little left to do but accept the
figures and grant the ceiling prices
requested.
This will mean government pro
tection of the highest cost pro
ducer. Except In the extremity of
actual all-out war, when cost is
incnnsequental, we have never thus
safeguarded the high-cost man.
America built its greatness on
venturesome risk-taking. A willing
ness to btave the competitive
struggle has been a hallmark of
the U. S. entrepreneur. We in this
country have never sought guaran
tees of success in any field. We
have felt we should earn it.
The three a.m. Capehart amend
ment is an affront to America's
spirit of enterprise. And it prom
ises to impose a nearly intolerable
burden upon the consumer, the
man who is touted in our free
economy as the great beneficiary
of our unrivaled enterprise.
Fulton Lewis Jr.
KB
Old Roseburg Desired;
Streets Narrow All Right
ROSEBURG - Iiii fine pic
ture of narrow streets in The
kews-Review Aug. 29 and a nice
tle wnte-ii about it. The
streets are narrow alright, and so
are the minds of a lot of people
who drive cars. That is about all
there is wrong with this little old
town.
I am surprised that It took some
illegally parked ears to cause i
picture to be taken when a build-
a threat. I saw in many, many
places the hammer-and sickle sign
drawn on walls or billboards
in cities and in the countryside,
too. The Commies showed con-
slderable strength in last spring's
municipal elections, roughly re
taining what offices they held be
fore. But many Italian observers
feel that they would fare far less
well in an election for national
offices. -
These observers" contend that
while the people might be willin;
to vote for their Communist friend
or neighbor for a local munici
pal government office where they
could keep a close eye on him,
they would not be willing to vote
that same Communist into a na
tional office where he would have
a direct bearing on the country's
national policies.
Hear Fulton Lewis Daily
On KRNR, 4:00 P.M.
And 9:15 P. M.
ROSIE Benito Mussolini has been dead six years
now, but his memory lingers on.
The Italian people on the whole to this day think and
speak of their late dictator with a certain degree of awe
nnc' respect. And many of them will tell you they believe
they were better off under Mussolini at least, up until the
time he dragged them into war thati they are now.
mere is no question but that
he did do many things to improve
the welfare of the Italian people,
albeit at a terrifically high cost
In terms of personal liberties.
However, tho people also re
member the bad side of the Fas
cist regime the big military
establishment with its forced serv
ice, the strict regimentation of
the people, the absence of any
of the civil liberties that have
been introduced since the war.
And for that reason they do not
want any part of another such
dictatorship.
Another recollection about Mus
solini that still rankles in the
Italian mind is his personal life.
Heavily influenced by the Catho
ic church, the average Italian re
gards family ties as close to sac
red. Therefore they never did
and still don't like the way he
went in for mistresses and com
pletely disregarded his own family
ties.
There is, of course, a small
element that would like another
strong-man government such as
Mussolini's. But this is a small
and relatively unimportant ele
ment. It does not comprise the
potential danger, for instance, that
the pro-Nazi element does in Ger
many. But the people recall that it was
under Mussolini that a strong anti
malaria campaign was under
taken with the cleaning out of the
Pontine marshes. They recall that
he built many hospitals and pro
vided better medical attention
than Italians had enjoyed pre
viously. They recall that the buy
ing power of the lira that they
earned in the 20's and 30's was
much greater than that of the cur
rent lira.
And, oddly enough, several Ital
ians have mentioned to me, with
evident pride, the job Mussolini
did in straightening out and im
proving the Italian railroad sys
tem. They point out that under
his rule, trains rarely were late
something, incidentally, which
cannot be said of Italian trains
today. Under the Fascists, if an
engineer brought i train into a
station as little as five minutes
late, the engineer was fired within
the hour. Things are different to
day. On the whole, the Italian people
seem happier with their current
lot than do the people of any of
the other European countries I
have visited on this trip Brit
ain, Holland, Western Germany,
and Switzerland with the pos
sible exception of Switzerland.
In Rome, Florence, and most
od the other Italian cities the
people go about their daily chores
with an appearance of content
ment. Only in Naples, to the
south, did I find any real reeling
of dissatisfaction, and that seemed
to be more of a feeling of re
signed acceptance of the fact that
southern Italy's non-industrial
economy has been slower in re
building than has that of the rest
of the country.
There is a shortage of housing
facilities, particularly in Rome
and some other cities, but other
wise conditions seem fairly good.
City streets abound with attrac
tively clothed and well-figured
girls and women. "Pasta" foods
spaghetti, noodles and other
macaroni-bnse DreDarations are
plentiful. Wne flows freely, and
cheaply. Sidewalk cafes and hole-in-the-wall
wine shops are doing
an excellent business.
Communism, of course, still is
Red Cross About Doubles
Midwest Relief Fund .
The local chapter of the Ameri
can Red Cross is within three
percent, or $71, of doublin its
quota for the relief of Kansas
Missouri flood victims, reports
Mrs. R. Herman, secretary.
The original quota was set at
$740 and the amount received thus
far totals $1409. Mrs. Herman says
it will take $10 million to rehabili
tate the area, and she urges those
who are able tu contribute.
The relief fund for the victims
of the Hubbard Creek fire now
totals $2,000, and Mrs. Herman ex
pects an additional $3,000 from
Ihn Red Cross office in San Fran
cisco Wednesday. The fund is be
in collected on a national scale.
, Frtqutnt Fret
; BELT0NE CLINICS
Art Held at the Umpqua Hotel
. Wrira for Nt Data
HEARING AID BATTERIES
Milled Anywhere r or Any Mke
Write S. C. MITCHELL
Tft W Broadway. Eugene, Ore.
(Member J N Tft AttocUtei
of Portland Bellone lleorlnc Aids)
Na Wl RvlW
f hai net bran 1
I dafivared by I
1 A: 1 5 pjnH phon 1
2-2631 btwta
6:5rxJ7p.m.
FOR..v
SERVICE ... '
EXPERIENCE . . .
CO-OPERATION . . .
Investigate the services offered by your "Home
owned, Home-operated" bank. Money left on
deposit with us remains In DOUGLAS COUNTY.
All facilities available for your individual needs.
Douglas County State Bank
Mmbr Ftdtral Deposit Insurance Corp.
Phone'
for art electrician.
Don't Fool
With electricity
i
136 N. Jackson St. Dial 3-5521
FROM THE NEWS OF
! 62 YEARS AGO
in; has been erected in one of our
narrow streets within two blocks
of the town hall and the news of
fice. No notice has ever been taken
of it, although I talked some of I
every kind of English to the tor-
mer town manager and the for-1
mer chief of police and the in- I
spector, and to the present chief of ' I
lish in speaking to the present :
.1
chief, because I really like him
and I thought he could do some-!
thing about it. But it seems he
can t.
ine lnspcciur ioiu me, ur latuei ; m.
wrote me, that this building was ' I
on skids and could be moved in j
24 hours. But I find there are no m
skids under this thing and that it I
is built on several cement founds- j
tion blocks and the thing has
tons of iron in it, I am told.
1 have several good pictures j
taken of the condition of thai
street at different times as the
dates on them will show. I will
be glad to allow them to be I
printed. With all the advertising
lioscburg has had there are sev-1
eral papers and magazines thai 1
would be glad to print the pictures 1 1
and the story that goes with them. I
Does it really make a difference I
who clutters up the street? 1 1
I had a section of a harrow lean-
ing against the front of. my shop I
and was told in rough English to
get it out of there and keep it ' m
out of the street, as the streets I
are for the use of the nuhlic and , "
not for any individual. !
For my part, this was a good
little town until we got a city man
ager. Yours for Roseburg like it used
to be.
DAVID H. SCOTT
The Village Blacksmith
Roseburg, Ore.
LO CROSS-COUNTRY
OSSrMNG. N. Y. CP) Sing
Sing prison's 1.700 inmates held
men annual u nt ann neia nay1
meet yesterday but there was
no cross-country race. Q I f
Roseburg Review
November 14, 1889. .
Did you know that the town of Hudson
referred to above it the present town of
Leon a?
Did you know that we write insurance
that protects the logger in case a log drops
on a truck during loading? It's excellent
protection for the logger and the truck
owned logging operator. Ask us about it.
IT PAYS TO INSURE IN SURE INSURANCE
Phone 3-6166
TIPTON
PERMIN INSURANCE
214 W. Cats
(Nail aoM H
Port OffitelO
at """7 if
Bill Tipton
Carl Pt rmlti
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