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THE CAPITAL JQURNAk 6
Danger of 'Creeping Inflation4
winiam n. Chamberlain, author, historian and veteran
foreign correspondent, in an editorial in the Wall Street Jour
nal on "creeping inflation," asks if the steady erosion of
our money value is the price of pursuing "illusionary eco
. nomic promises of full employment." The evidence on this
! question is not. he says, "riot entirely conclusive, but it tends
to favor the affirmation.
, Chamberlain points out that prosperous little Switzerland
goes on from year to year with jobs for all and price level
' that scarcely varies. The new German mark, "emerging like
; a rnoenix rrom the ashes of Germany ! second great de
: structive inflation has stabilized its currency In terms of
what the consumer must pay. Of other nations he says:
, "But France offers s grave warning of what inflation, now creep
ing, now galloping, but stepping only for brief uncertain intervals,
; can do. During the last 40 years the franc has lost more than
. vu percent ol its value. The French price index has pointed in just
une uirrcuoa upward Ana since me war in united Mates.
Great Britain and the Scandinavian countries have discovered that
full employment, accompanied by various measures designed arti
ficially to prop up prices, rices tend to create a continuous upward
pressure on the coat of living."
Since World War II conditions have been reversed. The
danger has been not unemployment and unused resources.
but a steady cheapening of the currency, with its threat to
savings and investments. Built in devices make prices higher
to consumers. Some results listed are:
"Wages Sheer economic power of monopolistic unionism, not
productivity, is the determining factor in the steady annual increase
of money wages and fringe benefits.
"Farm Prices Farm organizations hold out for high guaranteed
prices that bear no relation to market realities to unload on the
government huge unwanted surpluses, which can only be sold, if
at all, at a heavy loss.
"Businessmen clamor lor tariff protection if exporters propose to
supply better and cheaper products."
The danger of an ever rising price level and its inflation
ary spiral level must be apparent in the shrinking value of
tne dollar already down to half its former value. Chamber
Iain concludes:
"Security for everyone could become security for no one. In
flation may not be a necessary consequence of full employment;
but a combination of full employment, monopolistic union power,
comprehensive socisl security and governmend handouts for other
sectors of the economy certainly builds up inflationary pressures."
These conditions are all the result of years of Democratic
New Deal and Fair Deal policies and every effort at readjust
ment has been opposed by the Democratic congress. Adlai
Stevenson in his Saturday night speech opening his campaign
for the presidency favored as a remedy for conditions a full
return to the evils causing the existing menace, full labor
union monopoly, higher crop supports to increase government
surplus and the national debt a proram designed to win
labor and farm votes by more "creeping inflation." G. P.
Football Post Mortem?
Most of the college football conferences wound up their
schedules Saturday with traditional "classics," some of which
came out as expected, a considerable number otherwise. Most
or the New year I'duy bowl contestants are now known and
only a few games like Army-Navy and U.S.C.-Notre Dame
remain to be pJayod.
Order inhe Court
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Knowlaml Ambitious But Its
. Not His Year, Editor Says
By DAN L. BEEBE
PRECEDE: Ray Tucker Is on enemies of his party without losing
vacation. While he is away there
till be guet columns by seve- I port of Republican voters" 1
ral orominent newspaper edi-1 That's where the Times left it.
tors. Today's column is by Dan
L. Beebe. Editor of the
ville (Calif.) MerAiry.
Oro-
G.O.P. Given Edsre in Takinir
Care of tlie Big Questions
'By GEORGE GALLUP
(Dlractor, Am.rtcan Inaututa of Public Opinion)
Our Pacific Coast conference champion is U.C.L.A. as ex
pected, thougH U.S.C. made It a close, interesting game that
migm nave gone otnerwise but for one unusual decision.
Washington defeated Washington State as expected and Stan
ford defeated California for the first time since "Pappy" Wal
dorf became coach there nine years ago. Idaho salvaged some
thing out of a gloomy season, trouncing Montana in rain an3
snow at Moscow.
Our own Oregon "civil war" saw the big Upset of the west
ern games. Oregon State, picked by virtually all the "ex
perts," .was decisively outplayed from the opening play and
received its worst beating since 1899 in this series that now
covers 61 years.
The upset was remarkable in that this Oregon State team
has one of the best season records In Beaver history and fin
ished second to U.C.L.A. despite this humiliating 28-0 beat
ing, every point of which was earned. Oregon played bril
liantly, while Oregon State showed no fire at all, giving its
rooters a chance to cheer only once on a one man punt run
bark feat.
Superior weight figured on a muddy field but this was only
a minor factor in Oregon's superiority, amazing for a team
that was so badly beaten by Stanford the week before. May
he the college psychologists can figure out why teams play
in such contrast to what their records would indicate. The
roaches and sports writers can't.
The Pactlic Coast conference will have a fine team in the
U.C.L.A. Bruins to send against a great Michigan State Spar
tan team that owes its good fortune to Ohio State drubbing
Michigan, first time it has done this in Ann Arbor since 1937.
Great as this Rose Fowl game should be, it will be over
shadowed a bit by Miami's Orange Bowl clash which will
match the No. J and 2 teams. Maryland and Oklahoma.
It was a great season. Followers of nearly all teams had
their happy and their unhappy Saturdays. Football, both
tuiifge ana proiessionat, is still gaining in popularity.
Warning to (s.O.P. Cons rvativos
oung Governor Fred Hall of Kansas h
guard" elements third, ismics ot the day.
haX aniinr!H m l-innr.
rnmg to nepumiran "old
",l r"y organization in some mid-wet and
one or two western states that they will face a knockdown
,,e party, !3b convention if thrv trv to nominate
tine of their numbers. This assuming that I'toidon! Eisen
hower declines renomination.
Hall warned his fellow partisans that "we can't p,.ssiblv win
as an anti-labor, anti-tarmer. antt-luisiness pattv. We must
avoid the role of extremist, either conservative or radio)'"
ii- jmmiist-ii me unitea support or the Kansas del
r.isennower ano: predicted his re-rlectun by a b
man in I9S2, if he runs.
PRINCETON. N. J., Nov. 19
Elements of great strength in the
Republican party's stand on na
tional issues is seen in a survey
just completed by the American
Institute of Public Opinion on the
political situation today.
As in other years, the Institute
has asked each voter what he con
siders the most important prob
lem facing the country today and
what arty he thinks can best
handle that particular problem.
The one great Issue that is
singled out with unmistakable
clarity by voters In all parties
Is keeping the peace. It stands
far above the Issues of pros
perity, the (arm problem, tax
reduction and others.
Today's survey results show
that on this one big issue, the
Republicans have a great advan
tage over the Democrats as the
party that can best solve the
problem, in the minds of voters
who singled it out
When representative voters
throughout the nation were asked
by the Institute to name the
country's most serious problem.
42 per cent named keeping the
peaces and foreign policy first,
followed by the farm problem
with 8 per cent and tax reduc
tion with 7 per cent.
The same voters were then
asked which party they felt could
best handle the particular prob
lem they had named. Eliminating
all those who said "no differ
ence" or "no opinion," the voting
goes this way:
MAJOR ISSl'FS
Republicans can handle
better 54
Democrats can handle
better 46
The following table is a sum
mary of how those who named
keeping the peace as the Number
One problem rate the two parlies
in terms of ability to handle this
particular problem:
WHICH PARTY CAN BEST
KEEP THE PEACE?
(Vote ot those naming this .
problem Mrs!)
Republicans can handle
better 43
Dcmm-i-ats can handle
better 28
o difference, no
opinion 31
The importance of today's find
ings to political strategists in
both parties is obvious.
I'. S. elections are usually de
cided on the basis of three con
siderations: first, voter appraisal
of the merits of the candidates;
second, basic party strength, and
naming either the Democratic
party or the Republican party
voted this way:
1S4S
MAJOR ISSUES
Republicans can handle
better 60
Democrats can handle
better 40
In 1946, the principal issues
named were rationing and short
ages of food, clothing and other
necessities, labor trouble and
strikes, foreign policy snd deal
ing witn Hussia, reducing the
high cost of living and the bous
ing situation.
a
In sounding out sentiment to
day on public issues, the Institute
asked voters first, "What do you
regard as the figgest issue, or
problem, facing the government
in Washington today?
Keeping the peace, for
eign policy, dealing
with Russia . i
Farm problem, falling
prices g
Tax reduction 7
Communism in V. S 5
Government finances, bal
ancing the budget 4
Labor problems, unem
ployment j
De-segregatlon, racial '.
issues 2
Defense, preparedness ' t
Miscellaneous IS
Don't know " 17
106
Some voters named more than
one problem and thus the table
adds to more than 100 per cent.
All who named an issue anil
of course, many diiferent issues
were named were then asked:
"Which party the Republican or
Democratic do you think Is best
able to solve this problem?"
The Democratic party gets the
preference when it comes to han
dling the farm problem and re
ducing taxes, but the GOP gets
the preference in regard to the
problems nf keeping the peace,
dealing with Communism in the
Salem 53 Yrs. Ago
By BEN MAXWELL
November Zl, 1802
Capital Journal's X-Raylst had
said: "the Hayseed city adminis
tration would be continued for
at least two yean longer.
Charles H. Hinges, pioneer op
tician at 6a state street, had ad
vertised artificial eyes, fever
thermometers, field glasses, mag
nifying glasses, hour glasses and
eye glasses.
E. Hofer, co-publisher and edi
tor of the Capital Journal, had
Wilson, Sharpie, New Paris, Ma-
goon and Defiance strawberry
plants for sale at the office: $2
for 100 plants, 30c a dozen.
A Cornoyer, enterprising pro
prietor of the Noble (a popular
Salem saloon) had just equipped
nis elegant resort with an up-to-date
lunch counter.
The electric line (transmission,
not transportation) from Aurora
to Canby had been completed
and tne line to 'Hubbard would
become operative November 24,
1902.
A 15 year old Salem boy had
been committed to the reform
school because his mother said
she could not manage him.
Wherever I kave gone on a six-
week trip just completed, people
have asked me about the political
aspirations of California's Big
Four: Vice President Nixon, Chief
Justice Warren, Senator Know-
land and Governor Knight. I be
lieve that next to the question:
"Will Ike run again?" the question
about this Big Four is the one
most en the tongues of the Amer
ican people right now.
The majority of the people be
lieve that Mr. Eisenhower will, not
be a candidate to succeed him
self in 1966. For the sake of this
piece let assume that is true. We
then have four Californians being
mentioned as the most likely can
didates for the Republican nomi-
nauon.
As for Chief Justice Warren, I
recently talked with him in Wash
ington and I left convinced that
he has not changed his position
as stated In April, when he said
ne would stay out of politics per
manently and that his decision
was irrevocable."
Nothing need be written about
Vice President Nixon. He, ' of
course, would be a candidate un
der the circumstances mentioned,
and probably with Mr. Eisen
hower's blessing.
NOT KNOWLAND S YEAR
Senator Knowland has shown
signs of aspiring to the presidency,
but it does not seem to be his year.
The Republicans will need to run
on Mr. Eisenhower's accomplish
ments for peace and prosperity,
and too many of the American
people have misinterpreted Sena
tor Knowland 's statements court
ing war. which of course they do
not.
Senator Knowland is immensely
popular with Californians. They
refer to him as "Mr. America."
but I believe his time will not
come unless peaceful coexistence
Diows up in our faces. Then, as
with Winston Churchill after Mu
nich. Senator Knowland might be
viewed as the man who was right
an along.
so how about Governor Knight?
Governor Knight is an ambitious
man. For ten years he has been
campaigning for governor of Cali
fornia, and I mean campaigning. 1
Me was working steadily for the
job during the last two terms of
Governor Warren, and was quite
critical ot Warren up until the
appointment to the Supreme Court.
because he claimed Warren was
playing footsie with the Demo
crats and with labor.
Now that he is governor, Knight
wants to be president.
Knight was precipitated into the
national limelight on August 15. in
San Diego, when he appeared on
the platform at the convention of
the California unit of the Ameri
can Federation of Labor. . ,
ale claim to the respect and aup-
rhe Happy New Yorkers
Bill Henry la L.A. Times
I ran Into a chao lust back
from New York. An epicure, he
was driven out of the best eating
places oy tne manner in which
New Yorkers jam together.
scream at each other and con
stantly jostle. His thumnail im
pression New Yorkers aren't
hippy in restaurants unless
they re (1) overcrowded, (2)
overstimulated, and (3) over
charged.
PREMATURE
Kansas City Star
The outcome nf a national elec
tion is not safely gauged by re
sults in state and local contests
a year in advance.
V. S. and handling government
finances.
Copyrifhl. 1SS
Amarlran Intituto nf Public Opinion
POOR MAN'S PHILOSOPHER
Bovlc Savs 'Astrology For
P
af -m m n i
usy uus Must Heading
y HAL BOYLE
People who believe In astrology
I cannot help but classify with
those who have a blind confidence
that picking up a toad will give
GOVERNOR'S PROMISES
TO LABOR
Knight told labor that he would
veto any "right-to-work" legisla
tion. He said he would not sign
any secondary boycott or hot cargo
laws that labor found undesirable.
He stood for strengthening labor's
position in jurisdictional strike
laws. He said he would support
legislation to implement any ne
gotiated guaranteed wage pro
gram.
He told labor that after AFL and
CIO have merged, during the final
months of this year, more than
15.000.00 working men and women
will have been united "and labor
will have become a tremendous
political force." He estimated that
the members of the two organiza
tions along with their families and
well-wishers will constitute 75 per
cent of the registered voters of the
United States.
George Meany. president of AFL,
took the platform and said that
America could use more Gover
nor Knights."
The 3.000 delegates gave Knight
a five-minute standing ovation be
fore he spoke and repeated it after
his speech. One California labor
official said that in his 25 years
as a delegate to the national AFL
convention he had never seen a
governor so well received.
But, of course, the labor people
won t be in force at the Repuhli
can national convention in San
Francisco. Nor will they be mem
bers of the California delegation.
MIGHT HAND-PICK SLATE
As for that delegation. Governor
tuition to
ifcrr margin
NEW YORK IT Astrology has
reached its peak at last.
It has gone feline. Thev now
Aprt from candidate Ktrpnoth 'have a book out on how vnur cat.
how the voters frrl ahmii m,,..- loo. is controlled bv the itars.
issues, and how well ther think I The book is called "Horoscopes f m ' n,'r ln 1 boU1 of ,er
each party can handle them, for Pussv Cats." and the author," u " lU ,urn im0
bears a close relation to how is Bootsie Campbell. ' ., . ,
they will vote at election time I a i. .. ,u. . . Recently I picked up a Cleve-
t... u j rircimn time. note about the author savs: iani j r,,,jj
Today the nod goes to the GOP, ,h, ,,, h ,. .,;i '"? SPf. id toundel to
on this score. .,,". ."""" .... ""C". tmateo mat 50.000 peo- M" " - " ,:" , "-
and dehKhted i,r.,,n, ,,i,,.. r , ! delegation evenly divided anions
everyone! inonriered hnt In An In . Hum
them wart, and that if they lev. j h-"S
it after the first ballot . It is recog
nized. however, that such a dele
gation would do his bidding depitt
the release.
If the Governor "plays fair.'
b.V Z ' . 'V'lcnce of a around, contented
.mamase is ousel by ,in everything and
ihe Democrats advantage in basic She is very special."
iril,ll.
irom . inemsrives. i thr m
There arc Indirat.nn that uh.t ...... ... An Institute survev remirterf in 1 m " Pi pmianthrop.c society uillinf to
, ... . , ' w ,nr wing i (Vtohrr eknu-j .k . punusner iriena o mine savs this oat propaganda balloons into
of the party ha, been "feeling its oats' in recent weeks. iVLfZ u,h,r has "vd.nd nd Ml SSSZi Z
the President s illness. Many think Senator Knowiw. m,..Jsn.,ik .' .' "ulM',r ,hc ever known 000 ioul about ho. wond(l hi.
Prty strensth-ij runn.no . v i 1 "m "'"a 10 " ""' 1,0011 tn " ,n ,n ou,"d 'orld'
per rent ," pre, and' rlL'i "rolo eats published. P.g.nism is ,t least worth
cr.tic strength ,t 4a n.r For Mr" 1 """""l I' " philosophic consideration, but as-
S.nce the South ,PIh"L lkt wh,ch' l"ll' 1 "log'r -never!
inglv Hcmocratie ih. t .conquer, ror many; ror turnans. that is. A cat
""" u'arn orromiti tne standard bearer nf thi group
If not he. someone else, from current indications, acain assum
ing Eisenhower docs not run. No Republican faction will op
pose htm.
Governor Hall's warning is timely, for an "vld guard 1 Re
publican will have no chance to win, arty more than a fire rat
ing southern "w hite supremacy" shouter would on the Dem
ocratic ticket. Thnsr who seek this type of G O P. candidate
rcmina one ot senator 1'rnrose s cynical answ er to a 1912
warning that the renomination of President Taft would wreck'
the Republican party. "Yes," said Penrose, "but it will be
our wrecK.
Most Republicans wish to bequeath no wreck to anybody
himself. Vice President Nixon and
Senator Knowland. there will be
no trouble.
But if he hand-picks the dele
gates he asks the Republicans to
vote for. as provided by Califor
nia law. then there will be gnother
slate. 1 have been assured.
KNIGHT'S KOWTOWING
ATTACKED
At this point we must insast
Our winter is over, till late lSSfl. one hopes. Who wot.ld
have cxpeetcd as recently as last Thursday, to see grtcn lawns
nn neins, ana dry highways, witinn, two davs?
today', figures with th. r..,Vi,. Ii , . The volume at hand. "Horo- Anient in a av to make a noli-
ieaa innniinr in hi nraeonoei tktt sU.
to. ,n , i- .CMn'1f 0U' on,,.ion ,h stars' V!sfU thnr- neys.
Pirtr X-h ,1m' ! h I uMy depresses nee Vhh the fu-Jor yo
Ina surve. .h..j .l- r- ""V. mT auwepuoie io I
the. first time coming ou on TrsXXZ.'r. Xll , k?f? ! J "i !"! P "
.. , T. muvn caimp ' k rrierred to mm as an oppor
you may luffer fenm a hang- tunist who had "deoarted feom a
ovre Take more milk." illfe-leng political philosophy" and
Pahanj thia la a hidden r.r.,.iKA, k.nulf ... . i
cbareh buyiejs an astro ogy mas.. In, to the ) astrology fans in'foes of PresideM F.isenhower aimt
whiih is like that net u.k . ' . . ,ln 1 neip,wonoenng wn Cleveland. MM knows? . , Vice nresdem . "Me cam
nior three or four month. In half of th. Unites! Sa,te,. lib. p,7-TlZ ZJZ 2T. "vV IT,? M " 2?? XT" . ! " .r-f"'
nence will do us ood t-v makini ... a.r.'.i.u.. t ... . ,nr min'" ' ch
Uhll U A . . - , . I. - ....... ... fa
-v i, HI V, tntIT
I'rij nicn r.iM h... k ii . . .L - . .
iS.ik. w-. .. .i.uiB ture oi ire numan race.
The cxtM-lm,,., ,"' " , ' uPPf l When I see a man mho attends
cr.
(fit-
It seems to indicate that if Mr.
Eisenhower Is not a candidate and
that if Vice President Nixon is
not given and even break in the
slate of delegates proposed by
Governor Knight there will be a
showdown light between Nixon
and Knight for the California dele
gation to the convention.
Voters Aren't Fickle
Albany Democrat-Herald
Jimmy Roosevelt said in Port
land that either Stevenson, Harri
man or Kefauver could defeat any
Republican for president, includ
ing Eisenhower. Is he inferring
that we no longer like Ike? We
believe that Eisenhower has a
personal following exceeded only
by that of Jimmy s immortal la
ther and that ought to decide
any election.
Akffttilt of Twt
Joe (topped to chat with hi,
old (fiend Henry while they were
shopping one dey. Joe was aston
ished to note from the labels on
the boxes Henry was carrying
that he had bought flowers, per.
fume and lingerie.
"What are you buying thi,
folderoi for?" he demanded
"If, all right." Henry said,
smiling. "Some men, when they
get to middle age, start looking
for greener pastures, but I well
I thought I'd cultivste the one I
h,ve." Wall Street Journal.
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