Capital journal. (Salem, Or.) 1919-1980, February 08, 1957, Page 4, Image 4

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    66
a
Page 4 Section 1
Capital AJournal
An Independent Newspaper Established 1888
BERNARD MAINWARING (1897-1957)
Editor and Publisher, 1953-1957
E. A. BROWN, Publisher
GLENN CUSHMAN, Managing Editor
GEORGE PUTNAM, Editor Emeritus
Published every afternoon except Sunday ot 280 North
Church St. Phone EM-46811
Full Leased Wire Service of The Associated Press and The United
. Press. The Associated Press Is exclusively entitled to the use for pub
lication of all news dispatches credited to It or otherwise credited In
this paper and also news published therein.
SUBSCRIPTION RATES
By Carrier: Monthly, JI.25: Six Months, 17.30; One Tear, 113 00. By mall
In Orecon: Monthly, 11.00; Six Months, 03.00; One Ytar, 19.00. Ry mall
Outside Oregon: Monthly 11.23: Sli Months, 01.30; One Year, 113.00.
Belated Union Purge Begins?
The AFL-C10 executive committee has unanimously or
dered three unions, the Laundry, Distillery, and Allied Indus
trial Workers, to clean out "corrupt influences or face sus
pensions within 90 days and
The action was based on 1955
f "being dominated, controlled
by corrupt influences. ,
These unions have a combined membership of 1,700,000
and were ordered to "eliminate
bar from office those who have
for these abuses. Doubts were
AFL-CIO president, whether
the purge, but he wants to give them an opportunity to.
Attorneys for the accused unions claim there was no evi-
dence to warrant the council's
vague. Meany said the unions
influences but will be given other chances for 90 days to show
they have reformed. If not, suspension stands.
The charges include one that
union official received $650,000
who handled the union welfare
of alleged mishandling of welfare funds in the other two
unions were also cited.
The 30-member Senate probers, headed by Senator Mc-
Clellan (D-Ark.), will start a
racketeering tie-ups shortly. Its chief counsel is Robert Ken
nedy, assisted by 10 or 15 investigators. Meany is to be con
gratulated on his clean-up campaign,
So the prospects look good
and goons, which may yet include questioning of Dave Beck,
kingpin of the biggest union of
has been located in Nassau,
Europe just getting a rest."
These Bills Should
Among bills that should be given top priority In the Oregon
Legislature, and listed in the "must" category, are those for
the welfare and instruction of children and adults who are
mentally retarded,
The demands for these measures are twofold. One is the
growing number of the mentally-retarded. At Fairview Home,
where the present population is 1900, there is a waiting list
of 368. Thousands of others are not in institutions, a limited
number of them receiving special instruction under the school
system.
The other reason is that these persons should be comfort
able and happy, given opportunity to become as useful as may
be, and extended all the sympathy and respect given persons
with any other disability.
One of the bills in the Legislature, prepared by the special
education division of the Stafe
remove the restriction of the present law which limits special
instructional classes "in any school district, county or region"
to two in any fiscal year. The
meet the demand. A companion bill would increase from
$40,000 to $120,000 annually funds for the special class pro
gram. Another bill is the biennial appropriation measure for
Fairview Home, which totals $3,315,000 for expansion of per
sonnel and services, including a building to provide 600 new
beds for patients.
The third bill would set up a joint legislative interim com
mittee on mental retardation. Approval of this bill, it is said,
"will be a milestone In the development of state programs
for all mentally-retarded children and adults." Its studies and
reports will be valuable to the 1959 and later Legislatures.
Strongly backing the bills is the Oregon Association for Re
tarded Children, which is authority in the cause it represents
so capably. Through local units it is making its influence felt in
several communities of the state.
Research Bureau a Useful Agency
One of the most useful agencies in this slate is the Bureau
of Municipal Research and Service at the University of Oregon.
Loiiiing to the editorial desk from lime to time are bulletins
and memoranda from the bureau, prepared simply and con
cisely, dealing with the variety of problems anij. issues with
which municipal and slate governments: have to concern them
selves. They contain valuable matter for the editorial and the
news writer, and are equally valuable for persons of any
other occupation who are interested. They are, as they should
be, purely informative and unbiased.
Latest lo be received are the bureau's annual compilation
of property tax levies In Oregon cities, and a separate memo
randum on the trends In assessed values of taxable property in
Oregon.
The two have the answers to almost any question that can
be asked about assessment and taxation in Oregon, presented
in explanatory text and numerous tables, and the memoran
dum has much to say about the property reappraisal movement
in the state. Their publication is timely, in the early days of
the 1957 Legislature, where taxation is a paramount subject.
For the information compiled, the bureau relies largely on
the county assessors and the State Tax Commission, to whom
It gives credit. The convenience of the documents Is that the
assessment situation in any community can be found almost at
a glance.
Personal compliments are in order, to Herman Kehrll, di
rector of the bureau, and two others to whom he gives credit
Thomas Kigby, bureau research assistant, who prepared the
bulletin on city tax levies, and Mrs. Norma Frazec, who com
piled tho tables and made the calculations.
Cruel Law in England
The theory about the dominance of mind over matter does
n't seem to be working among the rich men of England.
England has a law designed to prevent rich men, before
they die, from giving their money to relatives to keep it out
of the hands of the inheritance tax collector, who can, If the
estate is big enough, take 80 per cent of it. A provision of t In
law Is that the gift must be made at least five years before
the giver's death, or the tax man gets It anyway.
So, when rich old uncle gives his money away he makes a
project of living five years or more, which, when you think
about it, Is all for the benefit of the relative. He bends every
mental effort to his will to live. But It seems to work in re
verse. He worries himself lo death, and Lord Webb.lnhnson.
an eminent English physician, reports that these wealthy men
are dying off by the dozens before the end of five years.
It's a cruel law, the doctor says. II sure is. Imagine the strain
pkw is in all that money
f 'Tsr joing to have ihc fun of spending any of it.
tk actuation may change the usual English screen plot.
TuWad fl the relatives conniving to bring about uncle's dc
Bise they'll be trying to keep Uia old boy alive.
eventual permanent suspension."
senate welfare fund disclosures,
and substantially influenced
these corrupt influences" and
"tolerated or are responsible
expressed by George Meany,
the three unions would conduct
action, and the clean-up orders
were well aware of the corrupt
an indicted distillery workers
from the insurance broker
fund accounts. Similar charges
year - long probe of labor union
for a purge of union gangsters
them all, the Teamsters, who
Bahamas, with air tickets to
G.P.
Pass
Department of Education, would
present restrictive law doesn t
In tho bank and not knowing
RAY TUCKER
Tucker Hits Desecration
Along Lafayette Square
WASHINGTON Final dese
cration of the most historic acre
ot land in the Unilcd Slates is
i assurcd-as a re-
suit ol the AO-
m i n i stration's
decision to
i b u i 1 d a $30,-
000,000 ofticc
structure hous-
ing almost 4,-
000 workers
along Lafayette
Square in the
District of Co.
lumbia.
hay TucKKii Lafayette
Square, a leafy and forested
nark fronting the White House,
ranks in beauty and legend with
the Place de la Concorde in
Paris, St. James Park and Trafal-.
gar Square in London, the an
cient Forum in Rome and the
Agora in Athens. American fig
ures as famous as Napoleon,
Nelson, Caesar and Socrates once
walked this rich acre of earth.
For years there have been
suggestions that Lafayette Square
be restored to its original state
in the manner that the Rockefel
lers have remade Williamsburg,
Va., to Its colonial likeness. But
commerce and government have
invaded this sacred place. Restor
ation propsals have come to noth
ing, and now an unromantic
Uncle Sam will wipe out its last
links with the nation's birth and
growth.
Historic Personalities Lived Here
On one corner of this fabulous
acre of land, Daniel Webster
wrote his bristling replies to
Haync and Calhoun, which did so
much lo glorify and to preserve
the Union. Across the street
stood the residence of Banker
W. W. Corcoran, who helped to
finance the hard-pressed Union
in the Civil War and gave "Wash
ington its first great art gallery
before "Andy" Mellon outdid
him.
Down the same street lived
Lincoln's private secretary, John
Hay, in a house which was sub
sequently inhabited by Judah
Benjamin, one of the Confeder
acy's ablest and kindest leaders
and Cabinet member. Next door
lived Henry Adams, author of the
classic "Education of Henry Ad
ams" and a member of the great
Bay State Adams tribe, .which
gave us 'wo Presidents.
Neighbors of the Great ,
America's first intelligent his
torian and the founder ot the
Naval Academy at Annapolis,
George Bancroft, lived nearby in
a Victorian brownstonc that is
now the headquarters for a labor
union. Next door is the old
church where so many Presidents
have worshipped.
On the corner now occupied by
the Veterans Administration
GEORGE GALLUP
I 2
Approval of Labor Unions
At All-Time High in U. S.
By GEORGE GALLUP
Director, American Institute of
Public Opinion
PRINCETON, N. J., Feb. -
Organizcd labor in the United
States has more friends than at
any time in the last 21 years, a
nationwide survey of American
voters indicates today.
As part of its continuous stu
dies of public opinion concern
ing U.S. labor, the American In
stitute of Public Opinion has ask
ed at repeated intervals whether
the public approved of labor un
ions in principle.
These surveys were the first
to show that a sizable majority of
Americans were not "anti-union
The first study in 1036 found 72
ner cent in favor of unions, with
20 per cent opposed and 8 per
cent expressing no opinion.
Today, a comparable study
finds 78 per cent approving of
unions, with 14 per cent disap
proving and 10 per cent express
ing no opinion.
The survey question put lo
people in all walks ol lire by in
stitute reporters:
" n general, no you approve
or disapprove ot labor unions?"
Approve 77o
Disapprove 14
No opinion 10
This is not to sav that the pub
lic annroves of all union policies
and practices or that the public
considers all strikes justified.
But there is no denying that the
public is overwhelmingly sympa-
thelic to labor s rigni to organ
ize for collective bargaining.
Over the years tho institutes
index has provided a running pic
ture of the country's sympathies
whero the problems ot organized
labor are concerned.
Even at the height of the "sit-
down strikes" in the summer of
1(137, which most Americans dis
approved, the great majnritv con
tinued to approve of labor tin
ions in principle.
It was during Ihc year pre
ceding our entry into World
War II thai a marked falling
off in public support of unions
net-lined and "anti-union" sen
timent reached its peak. This
was a year marked by a series
of strikes and stoppages in key
defense industries.
Nut until 12 years later did
unions recoup this toss in popu
lar favor, as the following trend
table of national sentiment since
Nut) shows:
Ap- Disap- No
prove prove Opln,
low
m
I 'i.l 9
into
inn
1917
in lit
20
20
21
-i
30
2S
2
18
O 14
8
8
ft
14
9
It
lfi
7
10
68
fit
fil
84
M
19.', 3
...75
TODAY ....7
building stood the old Arlington
Hotel. Perhaps the most import
ant political hostelry in the
United States, it has housed, win
cd and dined visiting royalty,
some of our greatest Presidents
and every military hero since
George Washinglons day.
Catty-cornered from this site
stands the balconied and ivied
dwelling where Dolly Madison en
tertained, and whence she fled in
her nightgown to escape a mid
night fire.
, Next door was the house where
one of John Wilkes Booth's co
conspirators tried to kill Edwin
Stanton, Lincoln's Secretary of
War.
In this same house lived the
man who brought the first mule
to the United States. And here
resided Chief Justice Taney,
whose Dred Scott decision helped
to precipitate the Civil War.
Scandal Resulted In Tragedy
On this square, too, the "in
credible Sickles" murdered in
cold blood Philip Barton Key,
son of the author of "The Star
Spangled Banner." The victim of
the shooting had been too friend
ly, according to court evidence,
with the Tammany s general s
young and beautiful wife. Sickles
was acquitted, but his wife was
condemned and shunned by
Washington society.
Across the Square, on Jackson
Place, Teddy, Roosevelt and his
rambunctious brood dwelt in a
soonlo-bc-dcslroyod brownstone
during the renovation of the
White House. And abutting the
corner are the Blair-Lee homes.
They are now the repository of
wandering royalty such as King
Saud,Tut they are more memor
able as the spot where Robert E.
Lee rejected Lincoln's offer of a
Union command, and decided to
fight for Virginia. The great Lee
hated slavery and secession, but
he loved his Virginia.
Untouched Classic Symbols
Two classic symbols of ancient
times and American titans will
remain untouched. One is the
statue in the Square of "Andy"
Jackson, sitting astride a gallop
ing horse that seems to defy the
law of gravity.
The other is the squat, solid
and shuttered early Eighteenth
Century dwelling, where Stephen
Decatur, the renowned naval
commander who bearded Nasser's
Mediterranean pirate predeces
sors, died after his Bladenburg,
Md., dual with Commodore James
Barron.
It was Decatur who gave this
country its most honored toast
and one which is peculiarly ap
propriate today:
"Our country! In her inter
course with foreign nations may
she always be right. But our
country, right or wrong!"
The chief public relations pro
blem of American labor unions
today lies not so much in the
hostility of American business
men. who as representatives of
'capital" are considered the tra
ditional foe of labor, but with
farmers.
Although a majority of farm
ers today are sympathetic to un
ions, one out ol every lour tarm
ers is hostile to the idea of un
ionism. The results of today's survey
by occupation groups:
Ap- Dlsap- No
prove prove Opin.
Prof. & llusnss 73 17 10
White-collar ..77 13 10
fanners BO 25 15
Skilled workrs 84 10 fi
Unskill. w'k'rs 82 10 8
The vote by geographical sec
tions of the country:
Ap- Dlsap- No
prove prove Opin.
"O 71-
Kast 83 11 7
Midwest 75 16 9
South 6ft 17 14
West 71 16 10
Other survey highlights:
1. Younger people tinder 50
are somewhat more sympathetic
lo unions than are older people
2. While the survey finds lit
tie difference by education lev
els. those who have attended col
lege are inclined to be slightly
more critical of unions than are
those who attended grade school
Copvrlnht 1M7. Aniffli'an
lnstltnte ol rut-Hi- Opinion
Quick Heading
Come spring, there will be a
new feature in the Muscovite
Inndsrime Bolt courses.
With view lo making friends
and influencing people, Soviet
Foreign Minister Dimitrl Shepi
lov has reversed the ban which
his predecessor, Vyacheslav M.
Molotov, had Imposed on the
game.
"There are no golf courses in
Russia. Molotov once told
American diplomat who had in
quired about the location ol I
good golf course near Moscow
and there never will be any.
Golf Is anti-democratic because it
isn't a popular game
Now. however. Shrpilov has or
dered that all Soviet diplomatic
personnel must learn golf.
Madrid (Madrid, Spain)
NOT FOR NOTHING
Retirement Is made easy tor
oldsters who are to gel more in
a year than they had paid in a
life. It is the youngsters wno m
pay nutt pay. Gctt sonoMisnR.
for nolhind is alvam ft Iirtaina"
business and ek'r-a ilti (!,
Ihemselvit))) working Ju,SiMr
man County Journal, Q ,
THE CAPITAL JOURNAL.
A
DAVID LAWRENCE
WW ( I'w&H'T KNOW y.
t 1 H$ GUN J '
jr
Some Seek New Limits for
Contributions to Campaigns
WASHINGTON There's nothing
in the constitution which says a
person cannot spend as much of
his own money
as he pleases to
persuade other,
persons to vote
for a particular
c a n d i date for
public office.
In these days
of solicitude for
"civil rights,"
talk has arisen
about enact-
d. i.awiiknck ing a new law to
limit campaign contributions. It re
lates to a possible requirement
that only limited amounts of
money may be placed in a party
treasury or in tbe hands ot an
organized political committee.
The whole theory behind the
federal corrupt practices act is
that organized effort may be reg
ulated only if it be used for some
corrupt or illicit purpose. But the
courts in the last few years have
told the Department of Justice it
could not invoke the federal cor
rupt practices act to prosecute a
labor union in Michigan that was
financing a television program on
which speakers favorable to its
viewpoint appeared during an el
ection campaign.
Most Act as Individuals
While it is true, of course, that
corporations and unions arc by
law forbidden to make any cam
paign contributions, this cannot
prevent union members or corpor
ation stockholders from acting as
individuals outside the unions or
corporations.
Some form of regulation such
as disclosure of funds contributed
by anyone can be valid without
in any way altering the right of
the individual to give as much
money as he pleases to the cause
in which he believes. But it is one
thing to require publicity for cam
paign contributions and a different
and doubtful procedure to try lo
limit by law the size of the contri
bution. The same constitution which
permits a law to say that a foun
dation may spend tax-free income
derived from philanthropic be
quests and use millions ol dollars
a year to influence public opinion
on any cause, ranging from social
ism and theoretical communism
to an espousal ot the free-enter
prise system, can be invoked by
any citizen to salegtiard his free
dom of speech when he spends
money as an individual in a politi
cal campaign.
Anything of Value
If Congress could sav. for ex
ample, that no more than $50(1 or
$5,000 may be spent to elect a
candidate (or public office, it could
constitutionally say also what
sums may be expended by the cit
izen for any purpose related to
the selection of a nominee for of
fice. The citizen might then be
forbidden to use his automobile to
transport persons to the polls, as
this would be a "contribution." He
might be prohibited from letting
his home be used as a meeting
place or from serving any refresh
ments to his guests if they talked
about the current campaign.
The word "contribution" is dc
fined by present law as "anything
of value," yet corporate employes
and union members continue to
draw their regular salaries while
spending days at a lime at a cam
paign headquarters or making el
ection speeches. The supreme
court In 19M, moreover, upheld
the right ot union to publish
and distribute its own newspaper
and insert political ieagcs there
in. Tie Msr! riiwd U knri this
i-twJ! an Owl
j a ttmz&t gMtg ,lti. vim m
ffl
Matter of Defense
public questions, it is improperly
subjected to criticism.
Bill of Rights Guarantee
The Bill of Rights of the con
stitution protects freedom of
speech. Under it, any man has a
right to advocate any cause dur
ing or before any campaign. Ex
penditures may be made by the in
dividual for any purpose except
to impinge on the rights of other
voters or to participate in any kind
of fraud or deception.
It is constitutional to prohibit
anyone from attempting to bribe
or unduly influence a candidate
for public office in order to obtain
some personal favor or beneficial
action by such individual when
elected, but it is hard to see how
a citizen who spends his money to
help elect someone and doesn t ask
a thing for himself can be told he
can spend only a specified sum.
Broadly speaking, Congress has
the right to control federal elec
tions, though for years there were
legal doubts as to whether federal
laws could regulate expenditures
in primary contests for federal of
fice. But certainly there is no fed
eral right to control the spending
of individuals for local purposes
for county or state candidates.
How, for instance, can a political
committee which is set up to help
both state and federal candidates
be required to separate exactly
how much it is spending for each
when it erects a banner or some
other big sign on the highway
which says merely "Vote Demo
cratic" or "Vote Republican"?
Rich Gave Heavily
The subject of limiting campaign
contributions has been up again
and again for consideration by Con
gress. Every now and then as
happened last week there Is is-1
sued a report by a congressional
committee pointing with criticism
lo the large amounts of money
contributed to political parties by
various individuals and families
with wealth. All the money, how
ever, contributed by the very rich
is small in proportion to the total
sum collected.
The inference that Hie rich get
something out of it that nobody
else does, or that there is some
thing wrong with large contribu
tions, is derived from past evi
dence of alleged irregularities,
Congress, of course, can still re
fuse to admit to membership any
one for whom an excessive amount
was spent or anyone who himself
has been engaged In wrongful
practicies to secure an election
victory.
To declare, on the other hand,
that an individual can be limited
in what he contributes when it is
spent for a lawful purpose and
without any connection with any
bribe or improper influence, is to
say that (ho individual can be
prevented by law from spending
his money for a cause that seems
worthy to him. There is nothing in
the constitution which says the cit
izen can be deprived of such a
civil right.
Schaefer's
Liniment
This vlauabls time tried lini
ment in use 60 years, has
proved effective in the treat
ment of rheumatic and neu
ralgic paim, sore muscles,
backache, lunbum, insect
bitti, Itching or burning
fttt.
Only at
SCHAEFER'S
DRUG STORE
9&tn rjf. H9'ufv (i t p.m.
, ttftrXww m - 3 p. m.
S fT CMWRCIAL
BEN MAXWELL
Civic Groups
3Ioved Against
Bergman Show
Feb. I, 1950
Rev. Wesley Turner, pastor of
the Leslie Methodist church, had
said that he expected to summon
members ol tne
civic and re
form committee
to discuss pos
sible action
against presen
tation of the
movie "Strom
boh" at local
theaters.
A $3 million
dollar high
ben maxwell school in South
Salem with elementary classrooms
in needed parts of the city had
been proposed as a school im
prove program for public consid
eration. These prices were advertised at
Safeway this day seven years ago:
Brand name coffee, 73c a lb.;
grade A butter, 69c. a lb.; grade
A eggs, breakfast gems, 43c. a
doz.; smoked ham, top quality,
49c. a' lb.
Gov. Douglas McKay had told
delegates to the fourth annual
convention of United States Hop
Growers meeting in Salem that too
much government control over
agriculture's products, including
hops, would bring eventual disas
ter. Speaking at a Jefferson meeting
of the Santiam Flax Growers As
sociation, Harry Dorman, state
budget director, had warned that
lack of cooperation between mem
bers of the association, or lack of
uniformity of their product, would
wreck the industry that brings mil
lions of dollars to the slate. Dor
man pledged state support of the
state flax industry so long as
members continued to cooperate
with one another.
Salem's streets had been dam
aged to the extent of $12,000 by
recent cold weather, the greatest
damage occurring to unpaved
streets with only a gravel surface.
Damage would have been much
greater with a record low ot -10
on Jan. 31, 1950 had not the
ground been covered by snow.
1 ,
Da v
V
A.ccoxw"ftoo&.
Easy to open
Easy to "add I
Easy to us
Salem, Oregon, Friday, February 8, 1957
1AMES MARLOW
Living Costs Have Risen
74 Per Cent Since 1952
WASHINGTON OO-Wherc's all
this inflation President Eisenhow
er is worried abut?
Living costs since he became
president in January 1953 have
gone up 3-D perjjsr--
cent, mat s oniy
the latest boost
in the long rise
Between Janu
a r y 1941 and
January 1957 liv
ing costs have
climbed 74 per
cent.
Eisenhower this
week warned
vaguely the gov
ernment may James marlow
have to act to control prices and
wages if inflation doesn't stop.
But anything his administration
will do seems far off.
Borrowing Only Control
Only yesterday Secretary of
Commerce Weeks, a member of
Eisenhower's Cabinet, said he
knows of no plans or studies by
the government to step in. Mak
ing it just a little harder to bor
row money from banks is about
the only control used now.
Here are some figures showing
where living costs have gone up,
the debt people get themselves
into, and what has happened to
wages and profits in Eisenhower's
first four years in the White
House. '
Food Shows Drop
The Bureau of Labor Statislics
is the government agency which
gathers figures on living costs
and wages. It breaks living costs
down into categories of spending.
In those four years:
The only item showing a drop
was food down two tenths of
1 per cent.
Here are some of the things
which went up: medical care
12.8 per cent; clothing 2.3; hous
ing, which includes the purchase
price of new homes, repairs and
maintenance 6.1; rent 108;
transportation, which includes the
price of new and used cars, re
pairs on them, and fares on buses,
trolleys and trains 2.9. ,
Others which went up: reading
and recreation, which includes
motion picture theater prices, the
prices on TV and radio sets and
newspapers 1.4 per cent; person
al care, which includes toilet arti
cles, and prices in beauty and
barber shops 8.4; and other
ids and services, which in
cludes tobacco, alcohol, legal
services, and so on 6.4 per cent, j
Here are increases and de
creases in some of the items in
those categories:
liJ,
Mm v
"Just as good" is never good enough when medi
cation is prescribed for you. Prompt prescription
service is our specialty. Bring your prescriptions
to us for compounding.
to us for compounding.
Capital Drug Store
405 State St.
617 Chemeketa St.
We Give &C Green Stamps
Better earn!
Insured
up to $10,
ofety mtmam.
"SAVE where saving PAYS"
Current Rate 3 per annum
First Federal Savings
And Loan Association o
CONVINIINT DOWNTOWN LOCATION 129 N. C0MMIRCIAI
Used Cars Drop
New cars went up in price 4.3
per cent; used cars went down
218: repairs on autos up 13.6;
fares on bdscs, trolleys, trains
up 18.5 per cent.
Hospital rates rose 23.7 per cent
doctors' fees up 11.6: the price
on new radio sets dropped 12.4
per cent; on new TV sets
it dropped 10.6 per cent.
Some other figures, obtained
from other government agencies,
showed personal income in Ei
senhower's first four years rose
from $237,400,000,000 after taxes
to $288,200,000,000.
But people didn't depend entire
ly on the increase in their income
to buy more things. They went
into debt to buy things they could
not pay cash for. And this was
the result: consumer credit
jumped from $19,403,000,000
to $31,552,000,000.
Debt Almost Startling
The way the people went into
debt is almost startling: auto
loans rose from $7,733,000,000 lo
$14,436,000,000 or almost double in
four years. That was the biggest
single jump in the credit depart
ment although personal loans took
a leap also up from $4,111,000,
000 to $7,184,000,000.,
In addition to this particular
kind of credit debt, there was an
other which was amazing: home
mortgages in those four years
went up from 58'4 billion dollars
to 98 billions.
Wages in Ihe same period also
advanced. Average weekly earn
ings for workers in the manufac
turing business went up from
$71.34 to $84.05.
In the same period corporate
profits were advancing from a
yearly rate of $39,500,000,000 to
$41,200,000,000.
NOT SURPRISED AT BECK
Out in the west where citizens
know Dave Beck they are not sur
prised at his attitude about rack
eteering. Sherman County Journal.
''Mother Was So
Pleased . . .
to know that everything
that could be done, was
done."
Howell-Edwards
Funeral Home
S3
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