Portland observer., April 29, 1971, Image 2

How Your Dollar
Is Shrinking
Portland I Observer Thursday April 29, 1971
The Northwest’s Best Weekly
A Block Owned Publication
Subscription rates: 60 cents per month bv carrier. $5.00 per veor
$6.00 per year by mail in Tri-County area; $6.25 per year by mail ¿utsida
In-County area. Phone 2 8 2 - 0 9 2 9
ALFRED LEE HENDERSON, Publisher and Editor
VOTE YES FOR KIDS
V oting is not a c h o re . I t is a rig h t. N e ve r think that yo u r votes
c a r r ie s no w e ig h t. Y o u r one vote c a r r ie s as much w eight as any­
one else s vote.
It is a m o ra l ob lig a tio n to go to the p o ll and cast yo u r vote
\
vote fo r the kids is a vote fo r y o u rs e lf. A 'v e s ’ vote is
an
in­
vestm ent in the BANK OF TOMORROW .
N ext Monday is the school ta x levy day fo r m ost of O regon’ s 350
school d is tr ic ts . Only a tew of our school have legal bases anv -
where near the cost of operation and m ost of them have no tax
bases w hatever, Thus annual vo te r approval ot operation al levies
is e s s e n tia l, and in m o s t cases the p roposals m ust be put to the
S
. ’™ "
some
schools may not open m the fa ll.
operating levy fo r one y e a r am ounting to$6,960.000
and
a u th o riz a tio n of a bond issue in the am ount of $35,900,000 to make
a beginning on lo n g -d e -fe r red ca p ita l re p a irs and im p ro ve m e n t in
the s y s te m 's m o re than 100 b u ild in g .
I he local School Board c a lc u la te s that it w ill re q u ire the $ 6.96
w ith p rospect of a tax base increase on the M ay, 1972 b a llo t
" V o te yes fo r k id s ,” a vote fo r k id s is an investm ent m the
Bank of T o m o rro w .
JUIE SUGARMAN TO SPEAK
FOR CHILD CARE
rite M e tro p o lita n A re a 4 - C C o u n cil (C o m m u n ity C oordinated
C h ild C a re i w ill hold its Annual M eeting on.Ma v 3 rd , 7 p .m .
at
the M anager’ s R e stu ra n t, 10th a n d N .E .A lb e rta . I he m eeting w ill
be preceded by a banquet at a cost ot $2.15. E n tre is R oast Beef
o r Ba rbeque R ib s . Featured speaker fo r the evening is J u le
Sugarm an. M r . Sugarm an was the f i r s t d ir e c to r o f the O ffic e ot
C h ild D evelopm ent and is a fo r m e r V ic e -C h a irm a n of
the
C h ild re n 's B ureau, both ol w hich a re d iv isio n s ot the I _s.
De -
par tine nt of H ealth, Education and W e lfa re . M r . Sugarm an is
now d ir e c to r of D ept. o f Human R esources fo r New Y o rk C ity
M r . P re sto n B ru c e c h ie f of th e N a tio n a l 4 - C D epartm ent of the
O ffic e of C h ild D iv ision w ill a ls o sp e a k. Ihe.N ational C o m m itte e
fo rm u la te s p o lic y fo r 4 - c operation s acro ss the c o u n try .
A d d itio n a l speakers include: S ecretary ol State C la y M y e rs ;
State R epresentative R o b e rtE lh o tt,C h a irm a n of the D a v C a re and
C h ild D evelopm ent C o u n c il of Oregon; Raymond R eise, Oregon
State W e lfa re D epartm ent; M r s . C o lle n R ohertson, C h a irm a n .
M e tro p o lita n A re a 4 - C C ouncil Board of D ire c to rs ; M r s . Helen
C ordon, E xe cu tive D ir e c to r of the M e tro p o lita n A rea 4 - c C o u n cil
I he M e tro p o lita n A re a 4 - C C o u n c il is a n o n -p ro fit c o rp o ra tio n
w hich c o n tra c ts w ith the fe d e ra l governm ent to p ro vid e c h ild c a re ,
to pro vid e funds, w hich a re in tu rn allocated to p ro g ra m s p r o ­
vid in g c a re lo r c h ild te n whose parents w o rk o r in school, o r who
fo r a v a rie ty of reasons re q u ire day c a re .
4 C holds the c o n tra c t fo r the C om prefiensive C h .ld (.fare
Com ponent of M odel C itie s . P ro je c ts in the M odel C itie s area that
are tunded through 4 - C are the 4 - c P o in t ot In fo rm a tio n
and
R e ie rra l, the 4 - ( . I ariuly Day and N lg h t C a re P ro g ra m ; Hughes
C h ild C a re C e n te rf sponsored by B e re a n C h ild C a re C e n te ri; the
E m e rg e n cy C h ild C a re C e n te r located at the M u lti-S e rv ic e C e n te r
( sponsored the H ughes.M em orial I nited M e th o d is tC h u rc h ); the
A ite r-s c h o o l C h ild C a re P ro g ra m ot the P o rtla n d P u b lic Schools ;
soon be opened at J e ffe rs o n and Adam s High Schools, Bethel
A . M . E . C hurch, and W oodlawn M e th o d ist C h u rc h .
I he com bined p ro g ra m prov ides c a re fo r c h ild re n Iro m infancy
to 14 v e jr s
dav o r nig h t, l ees are based on the parents incom e
and fin a n cia l o b lig a tio n s .
P ersons in q u irin g about the m eeting, o r about c h ild c a re , mav
c a ll 2KH-KH6I o r 288-5091.
mail this coupon today
k , r - Jam es R. L ynch
2511
ME 12th Ave.
Apr. 1
97212
P o rtla n d , O regon
288- 9974
P lease
c a ll on m e
w ith
fre e
in fo rm a tio n
on
ph un ng
my
fi ri­
ancia J s e c u r ity and th a t
of
my
c h ild re n .
Nam e
Address.
Phone_
SHOP orni SA Y I
Since half of all Am ericans liv ­
ing today were born - in late 1942
the value of the d o lla r has shrunk
58%
If this rate of decline continues
another 28 years w ill produce
a
1942 d o llar worth only 18/ the
Cham ber of Com m erce of
the
United States points out.
The main reason fo r the inflat­
ion that has eaten away the dollars
value since 1942 has been federal
spending and p articu larly deficit
spending.
Suppose the same rate of infla­
tion continues: what Is in store fo r
the average worker?
What w ill he have to earn or pay
on 18/ dollars just to equal
the
same amount In term s of today’ s
4 2 / dollars?
$7 J 0 0 in wages would have to be
$16.800.
$3.000 cars would cost $7. 000
$25.000 homes-------- — $58.000
$4,000 college tuition $ 9,400.
$275 television sets almost $ 640
$125 suits of clothes------
$290
$25 pairs of shoes — -----$58
T h is inflation does not have to
continue, to National Chamber
asserts. C itizens should demand
that
th eir government officials
national,
state and local keep
spending within income. Other­
wise we can a il expect deficit
spending to feed the inflationary
forces and hasten the day when
our d o llar could be worth only 18/
A Dose
RUNYAN'S
Porffam /'a Largest
‘ Store
HUGE SAVINGS HOW
3716 U . VMM AVI.
W
H I FRIENDS W
Do you want to bo treated a t
Kings And Oueens? M eet me at
ARTS NITE
THe
f r u n d l y
TAVERN
in n
T H I F R It N O L t IN N I
3«aa N K
PHON! 2 8 4
0 0 8 4
rH« F t.C t WH
F r i
U N IO N A V K
(A R T P O T T .. R « o » )
M u t
A o a in
a
a o a in
$5,000-00 Consolidation
Loan» Can Be Music
to Your Ear»
United Finance
of
Industrial Co.
L-S-D
515 E. Burnside
ASK A DOZEN " e x p e rts " on
drug abuse fo r suggestions on how
to halt the d rift to a chemical so­
ciety and you are likely to get a
dozen differen t answers. Ask a
sensitive child and you get an
answer that may be the only ef­
fective remedy.
A 12 - year-old g irl in Hamilton
Ohio, won an essay contest on the
dangers of drug abuse with this
simple suggestion: "W h at
the
kids of today need is lots of L -S -D
love, security and d iscip lin e."
In a world which seems to be
going to pot, we need
some
massive doses of this kind of
“ d ru g " .
In e q u a lity o f
e c o n o m ic
M r. Dale
o o °
o o o
2 3 2 - 5153
Z '
z
PORTLAND
CLEANING WORKS
NORTH & N.E. PORTLAND
«ONE DAY SERVICE
KNIT BLOCKING
OUR SPECIALTY
We Give
M IN O R REPAIRS—N O CHARGE
PICK-UP & DELIVERY
O P C K N
■TAM PS
282-8361
3968 N. William»
You’ve Tried The Rest, Now Try The Best’
N. Alexander, Proprietor
The U , S. Senate's Select
Com m ittee on
Equal Educa­
tional Opportunity continues to
publish reports of its hearings.
The latest. P a n Seven, is on
Inequllty of Economic Re­
sources," and includes test­
imony by witnesses last fa ll, as
well as numerous a rtic le s and
publications
of the subject.
This and other committee publi­
cations are available from the
committee at the Old Senate o f­
fice Building, Washington, D .C .
Red White & Blue
Thrift Store
NOW OPEN
Cask eed Maxey’s
Barber Shop
Formerly Kienows
460dN . W illiam * A venu.
Phone 714-51M
New-and Used Clothing
MAY 2*R is
'I* ///
and
Household Items
3038 N.E. Union
I
‘
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