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About Southern Oregon miner. (Ashland, Or.) 1935-1946 | View Entire Issue (March 3, 1939)
r __SOUTTiERN OREGON MINER and THEN the FUN BEGAN! Page 5 Ashland’s Classified Business Directory |O ± WHATEVER YOUR NEEDS, YOU’LL FIND THEM LISTED BELOW! * Al TO PARTS ( ( A n mom uOOW WM7T 1 (•err a Stop Oil Pumping HASTINGS STEEL V ENT KINGS •The Right Ring for Any Job” Harrison Parts Co. Phone 101 CABINET WORKS Specialising in Kitchen Cabinet* HOME OF COUIR 17 East Main Street Irlhb : to the Editor ■>F.ARNED IN( REME.M Mr Editor ■c.iHK'd increment, which I, t<> the average mind, the H, vulin« brought to land, that K-t.n t<> I«- favorably situated, Kcroai hment <<f town or city, ■ralbo.i I n highway« liirtunn Hthi-i adjoining I inpi ovi-inrn t« Kut effort "I coat to the own K. b,-« n a •ource of much coll. Kray fof limy year« p.irtbu [ by prominent* of the single Kyateni K<- many <>f tin- economi,' th<-->- [this philosophy is indefinite [alleged objections arc some [ olMMure and unconvincing [ably tin- beat way to measure [nents or demerit* of a ques- [of universal importance is to [<h-r th,- universal penalty [r than the individual pre [1 involved and while unearned [ment <!<*•* afford iui Individ- [remium. it also increases th,- ■ total of actual wealth, yet it ■ not appear tO OOnStitUte a inial penalty. Thl*. however, m to unearned increment ac- ig to real wealth or property lot to money Unearned Incrr- ; created by increase in land • may. it is true, increase err- costs, however, it counteracts by increasing productive Ith and in most case» reduce* luctlve coats and la in no carte ersally destructive ion the contrary, unearned in- ! or money enriches th,- iridi al and always at the expense iiverasl welfare and la invurt- and inescapably destructive must sooner or later bring t national ruin, and unearned iment I* Inevitable under our acticable. inefficient luid un- d monetary system, which is > Gold Standard,” under pri- management and control jrtod* of inflation and defla- foliowtng each other at irreg- intcrvais are inse|>ariiblr 1 our financial set-up and e it is not within the scope of article to discuss inflation deflation, it may be stated iout qualifications that one is tly as destructive and inimic- o public welfare as the other we may emphasize this state- t with the assertion that infia- *nd deflation are. from a ma il standpoint, far more de- ictive and inimical to public fare than all the graft, dishon- i' an<l crime committed, which »re at such pains to suppress i» to unearned income on rnon- * single phase of which will flee to disclose its evil tenden- FARM IMPLEMENTS Olii jMUhMpN, M’VW' h I times the amount Involved Under inflation it is the same thing in reverse Money borrow,*d at normal or less must la* repaid with r,i**ney of double or triple the value of that which was borrowed, In cither event the difference ________ in dollar value at time loan was made and time repaid represents un earned increment upon money which either lender or borrower enjoys at the expense of the other and there is no new wealth created to counteract the Individual I om - es in favor of the general welfare One man's loss at another man's gain is rather fundamental in our economics ami it Is not necessar ily destructive from a universal point <>t view but two factors in the situation do make It ruinously destructive Industry is carried upon a cre dit basis and inflation vastly in creases universal debt Deflation extinguishes th,* value of indus trial wealth and ruins the owners because individually and collect ively they are not financially able to withstand the shock of r,*ad- Jst merit while those of great wealth can carry long time in vestments. ride th,* crest of infla tion periods ami not only reap the Is-nefit of unearned increment when deflation multiplies the dollar val ue but they are in ¡«»sltion to ac quire actual ownership of real wealth at depression price«, which like non-compensating interest, Phone 161 C A FE-CON FECTION ER Y I’LAZA CAFE & CONFECTIONERY Ashland'* Headquarter* FOR GOOD FOOD and Freezer Frenh ICE (REAM OIL DISTRIBUTOR SAVE ON GAS AND OIL WholesaJe Prices to Our Customers Complete Service Under One Roof Richfield Service North Main at Bush, Ashland RICHFIELD HAS SOMETHING NEW—WATCH FOR IT! Norman B. Ashcraft Compiete Line of Oils and Grease* Protective Lubrication Headquarter* for FARM MACHINERY, REPAIRS GENERAL BLACKSMITHING AND WELDING PHONE 67 SEE BURSE FOR with HARDY S CASH HARDWARE Phone 193—Res. Phone 268-J M. C. Lininger & Son ASHLAND SIGN SHOP Sand—Gravel—Crushed Kock PLUMBING, HEATING SERVICE STATIONS PAINTING AND DECORATING Our Price* Are Lower! if you’re shy on cash we’ll take part in trade. 10« North Main Street A. L. WREN GENERAL PLUMBING Specializing in A-l REPAIRING JORDAN’S LITHIA PLUMBING Associated Gas & Oil Sash & Cabinet Works AND HEATING Always Remember Your £2 ETTERS PLUMBING SERVICE STATIONS SHEET METAL JOHN Mil IN Day and Night Service 38 East Main Street, Ashland Phone*: Shop 31, Re*. 262-J Smiling ASSOCIATED Dealer Factory Specified Lubrication STEVE ZARKA Phone 6« Ahhlajid HOTELS PRINTING SERVICE New Ashland Hotel and Apartments and Coffee Shop FOR PROMPT PRINTING NERVIGE CALL THE MINER Ashland’s Friendly (Jenter You will enjoy our cool lobby and veranda. All the comforts of a home “away from home.” Our cof fee «hopfte serve* the best food in town. Come in a* you are! PRINTING CALL THE MINER FOR ALI. l'OUR PRINTING NEEDS PHONE 170 SIGN SHOP I I SIGNS AUTO WRECKING USED AUTO PARTS You’ll Find it Here—Phone 189 SHELL GASOLINE AUTO REPAIRLNG ACETYLENE WELDING BARNEY’S WRECKING YARD 628 North Main Ashland, Oregon COLD, CLEAN and GOOD— The Three Pals That Jolly Well Make Beer A Pleasure! Claycomb Motor Co. IS YOUR PRESENT LIFE INSURANCE ADEQUATE? centralizes wealth and impoverish es industry and the people. J. A. COO1ÍE8, Ashland, Ore. SOPHIA FOSTER (¡A MERE Funeral service* for Sophia Fos ter Ganiere, 88, who died Feb. 25 at her home on Wimer street, were held at 3:45 p. m. Feb. 27 at the IJtwiller Funeral home with the Melville T Wire officiating. Interment was in Hargadine ceme tery. S’MATTER POP—Whee! Young Alla»! See STEVEN R. OUR STOCK of FINEST QUALITY WINES INCLUDES DON MARCO ISCO CRITERION DEL MAR > SCHUERMAN Phone 334-R • METROPOLITAN IJFE INSURANCE CO. Bohemian Club AL BROWER, Proprietor By C. M. PAYNE n 1; ■ r ■' MESCAL IKE bf s . l . hurtle - toder inflation, when the vol- f of money passing into actual illation exceetls normal arm- “ty prices advance while the ¡alle<l value of money decreas- ■n this instance thorn* who e borrowed money at or below m»1 or, as it is called, high "'<1 money, are in position to it back with low priced money ®. in effect, may defraud the *v gone FOREVER are The Sequel