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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (June 21, 1951)
t TT'- Vir i r - - No One Has a Good Word for Inflation But Many Like It By SAM DAWSON New York, June 21 (&) The housewife who hopes for lower prices and the producers and merchants who say they are being hamstrung by controls are squarely at odds again today. Congress talks of hog-tieing efforts to roll back the prices of eral fold unlil the bubble bunts. Deflation or a drop in the cost of living and a rise in the value of the dollar looks mighty tempting to everyone, on paper. But when you try. to bring it about through controls and credit, curbs on pay raises, and rollbacks in prices, deflation is about the most unpopular thing around. It means that farmers and oth er producers of raw materials get fewer dollars when they sell the fruits of their labor. It means processors of these mate rials get less for the finished product, and may be caught with the goods on hand and lose a lot of money. It means that fighting infla tion by credit curb leaves- auto and household appliance dealers with slock they can't move, and many lower-income pepole are denied the goods they want be cause the payment terms have gone out of their reach. It means that controls bury one and all under an avalanche of paper work and red tape with confusion twice confounded. And always controls breed more controls. Capital Journal, Salem, Ore., Thursday, June 21, I9iil .1 rv.. Two Large Insured Fur Vaults The finest in the northwest. Bring your finer furs to Price's ond forget about them until you are ready to wear them again. FREE MOTH PROOFING included in the storage f beef, clothing and snoes. It talks of making it easier for dealers to sell autos and household gadgets on time, and of allowing rent increases; in short, of relaxing inflation con trols that have aroused bitter opposition of many farmers, manufacturers, merchants and landlords good voters, all. No one has a good word for inflation. It sends the cost of cuts the real value of savings accounts, insurance policies, "E" bonds and pensions. But a lot of people enjoy in flation in practice. Pay checks are fatter even if they buy less per dollar at the store. In come from things they grow and produce is greater. Corporation sales, earnings and dividends climb fast in dollar volume. In other words, inflation looks just like "good times" increased sev Driver Forfeits S100 Bail Albany Wilford Palmer, 45, 132 West Fourth avenue, for feited $100 bail to the city Wed nesday, because he failed to show up in municipal court and answer charges of driving while having a revoked permit. FIRST CHOICE OF MILLIONS r' 135 North Liberty Salem, Oregon living to painful heights, and it 11 htt.lA A J. w. A hi, v vIC S , . , , . . , 7 Takes the Stand Vice Ad miral Oscar Badger, former U.S. naval commander in the Far East, and now commander of the eastern sea frontier, takes the stand at the senate MacArthur investigation in Washington. (Acme Telepho-to) Shaffer Guilty In Knife Row Albany A Linn county cir cuit court jury deliberated but an hour Tuesday before return ing a verdict convicting Robert William Shaffer, 35-year-old transient crop worker on a charge of assault with a danger ous weapon. Shaffer was accus ed of knifing Marvin Kenneth Juencke during a battle between himself and other waterfront '"jungle" habitues May 19. Juencke and V i r d i e F. Mc Clendon appeared as witnesses against Shaffer but another ma terial witness. Otto Oscar Isak son, failed to show up and faces possible contempt of court pro ceedings as a result. Shaffer is scheduled for sen tencing by Judge Victor Olliver, who presided over the trial, Fri day at 11:30 a.m. Editor Flies to Korea with Photos for Sgt Tokyo, June 21 P) A news paper editor travelled 10,000 miles to present Sgt. Joe (Pop pa) Finch of Toledo, Ohio, an album of pictures of Mrs. Finch and their newborn son, Paul Mi chael, The album was taken to Ko rea by Michael Bradshaw, editor of the Toledo Blade. Finch saw a picture of his son and exclaimed: "He has a nose like mine!" Finch had sent a money order to the Blade to buy a present for his wife when the child was born. The Blade in turn sent the sergeant a $50 war bond. Bradshaw assigned photogra phers to compile a picture album of mother and son. Then he flew to Korea to present the album. Petition Asks County For Street Vacation Vacation of a dedicated street in Garden Home Fruit addition just east of the State Fair grounds is asked in a petition filed by a number of residents of the district presented to the county court Thursday. The petition explains that the vacation is for the purpose of widening the street in question so that it will more nearly con form to Larson street on the north and Park avenue on the south. Immediately following the va cation, the petitioners agree to rededicate the street making it 50 feet in width instead of the 40 feet which exists at present. The proposal must go before the zoning board before final action is taken. Warm weather warning: Sand wich fillings and salad mixtures spoil quickly unless they're kept refrigerated so store carefully until serving time. LEGALS CALL FOR BIDS County of Marion. State of Oregon, is asklnc for sealed bids for trading. iravel Int. providing drainage and surfacing with asphaltlc concrete pavement 10 feet wide, according to- tne platu and specinca. Hons supplied by the County Engineer, and according to the petition on Chester Street in North Side Addition. Bilverton, Uarlon Countr. Oregon. Plana and specifications may be ob talned at the office of tne county Engineer, Courthouse. Salem, Oregon. Bids will be opened by the County Court In the Countr Court Chambers at the courthouse In Balem, Oregon, at the hour of 10:30 a.m.. July 6. 19J1. The countr reserves the right to accept any or reject all bids. ID the best Inter est Of Marion county. BY ORDER Of THE MARION COUNTY COURT June II, IS. 1M1 (Advertisements) "Old at 40, 50, 60?" Man, You're Crazy sforf tt row act) Tbmimxli art twppr TO. Trr "ptppiiii ur" wit Ostrex. Conmnj iool for wnk, fuoaowo rmioc da iotHy to body'f lark of tron whJcb min? taea and women Fill" Oh) " Try Oft ret Trmit. TabtPii for d?d. rim. .tcf. fWMfr felinr. tun (ry daj. Get IntfrxJuftorjfw '(k-khiMd'fiI km today, u tpecuitf reduced eric. At tit drnr itores ereryimert. in fliltm, tt Prtd Merer and Owl Drug. KJI V I I V 7V V -- II II I j f f 1 1 I I I - I (fl Lb Lb ZAi UUZM UVI ra f Prices Reduced to Clear! Spring and Summer Merchandise! All Sales Final m Si ill sr.- v IPS m8& mm eV.IJ a. 'J '1 m mm m dT t;:! m mm t4V Dresses Val. to 10.98 $T 99 Coats Vol. to 34.95 19 00 Coats Vol. to' 29.95 $ 15 00 Coats Vol. to 59.95 $ 34 00 Coats Vol. to 49.95 $ 29 00 Suits Vol. to 25.00 $ 15 00 Suits Vol. to 49.95 $ 29 Dresses Vol. to 12.98 5199 Blouses Vol. to 5.98 $T)99 Blouses Vol. to 6.98 $S99 Blouses Vol. to 7.98 5199 Skirts Vol. to 14.98 $2" to 6" Suits Vol. to 59.95 $ 34 00 Suits Vol. to 69.95 $ 39 Dresses Vol. to 14.98 $tC99 Gloves Vol. to 2.98 99' Slips Vol. to 6.98 $J99 Slips Vol. to 5.98 $T)99 Purses Vol. to 4.98 $1199 u Millinery Nylons Vol. to 1.65 99c 1 Group Vol. to 1.95 Slips Vol. to 4.98 $1 99 Jackets Vol. to 10.98 $,99 Robes Vol. to 19.95 $C88 Wedding Govns Vol. to 49.95 $11 COO II J Formals Vol. to 24.95 $ 12 00 CHARGE IT!! If You Have an Approved Account Elsewhere in Salem You May Open an Account Today at Sally's V s BBS asm li-ja.'.- mm mm ; I 00 mi mm 00 m S20 mm OPEN FRIDAYS 'TILL 9 O'CLOCK mm CORNER COURT AND LIBERTY
