Capital journal. (Salem, Or.) 1919-1980, June 21, 1951, Image 3

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    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
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, . , , . . ,
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
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IPS
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mm
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mm
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mm
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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