Sunday, August 24, 1958 S
MAIL TRIBUNE, MEDFORD, ORE.
In the Day's News
By FRANK JENKINS
. i
Good news which you I
may not have heard:
The National Industrial
Conference Board (a private, j
non-political organization) re-j
ports the first drop in the
cost of living in ' more thanj
two years. The drop came in i
July and amounted to one
tenth of one per cent. j
It was due, the NICB says, ;
to dips in food, housing and ;
wearing apparel costs.
rpHAT is to say:
-- If in July you spent;
$100 for items included in the ;
National Industrial Confer- j
ence Boards index of con-
sumer prices, the July drop j
in the cost of living saved
you TEN CENTS.
DON'T scoff.
Remember these prov
erbs (proverbs are pithy
words of wisdom distilled out
of the experience of centur
ies): A penny saved is a penny
earned.
Many a mickle makes a
muckle.
Every little bit added to
what you've got now makes
just a little bit more.
J- drop in the cost of living
carried a brief footnote. The
footnote reads: "The drop
brought a sigh of relief from
ECONOMISTS, who have
been disturbed by the steady
rise in prices.
Wkvl
Well, economists are stu
dents cf FACTS. As students
of facts, they are aware that
steadily rising prices mean
INFLATION.
Also
A students of facts
They are aware that over
the long pull inflation is bad
for everybody and is espe
cially bad for people wno -ic
looking forward io renins
on fixed income social se
curity, for example.
UNFORTUNATELY, the
economists are more or
less alone in FEARING in
flation. Too many of the rest
of us are enamored of it.
ah nnliticians adore infla-
XA 1
tion. They adore it because.
inflation enaDies sgvcimi
to go on spending and spend
ing without RAISING TAXES
to provide all the money that
i, spent. Continued inflation
the minting of a lot
of new money (in one form or
another) rather than taking
all the money out of the peo
ple's pockets.
r. .utnr lnv inflation.
STATESMEN, of course, de
plore it. Statesmen know
there is no such thing as
something for noming.
MTTT
SPOT tnn,B.
. j t ittph When
Anaersun,
'... -i ol1oH for volun-
poiice iicic - .
teers to submit their cars to
a safety check-up, more than
' 8 000 autos were brought in.
. j tviat r.R of the
It lurneu .
,c larirfd driver s
VOlUmccio ...
ana nine
proper registrations.
"PANIC IS THE STAMPEDE
OF SELF POSSESSION"
"(Author's Name Below)
' There are still a few dis
eases for which complete
cures are to be discovered.
But we have many re
..nrrk nroieets studying
tUoco nroblems and we
know wa will learn the an
swers.
Meanwhile, do not be--nmf
alarmed when read
ing the svmDtoms ot these
well publicized diseases
and imagine that you sut
For (mm such a condition.
Panicky fear can actually
make you sic wnen mere
may be absolutely notnmg
mnn. Never believe you
are seriously sick unless
your physician tells you so.
A uftuc rheeK W in mm
when in doubt.
YOUR PHYSICIAN
CAN PHONE
SP 2-6239
WHEN YOU NEED
A MEDICINE
Pick up your prescrip
tion if shopping near us.
or let us deliver promptly
without extra charge. A J
great many people entrust
us with their prescriptions.
May we compound yours?
HEATH'S
Medical Center
PHARMACY
L33 North Central
'Quotation by Christian Bovee
, (1820-1904)
Copyright 1958 (8W4)
9
UOTOIL
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