By Ed Nofziger
"JOE BEAVER“
The MILL CITY ENTERPRISE
MILL CITY. OREGON
DON PETERSON. Publisher
Entered as Hecond-claNN matter November 10, 1944 at the post office at
Mill City, Oregon, under the Act of March 3. 1X79.
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PUBLISHERS
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Wilf
I lli: PAPER invi II vs NO ENEMIES HAS no FRIENDS."
-George Pui am.
Can You Afford a Depression?
The world can not afford the luxury of a depression.
The United States of America, as the corner stone of the
economic welfare of the world, can not afford a depres
sion. There is more and more talk of a depression.
There is talk that there will be one and yet there is talk
that the nation is so strong that a depression is very
unlikely.
At first policy-makers of the Administration scorned
even the idea of a depression. Now we hear repeated
references to a depression. These off-the-cuff state
ments about a depression arouse our interest. Why are
they being made?
Some explanation of why they are being made may
be found in statements such as that by Fortune maga
zine editors in 1948, when it was believed that Dewey was
President, to the effect that a depression should “occur”
in the early part of his administration so that the mem
ory of it would fade when the administration came up
for re-election in four years.
What we are saying is: Depressions can and have
been arranged by financial interests. A little hard study
in economics will show that depressions are a good thing
for those who have plenty of the “green stuff”.
During a depression money buys a lot. During de
pressions, those who have money expand their interests
by buying real estate and income-producing properties.
Labor is cheap and so is the property that has no ready
market among the lower income brackets. Manufactur
ers make the same profits on a fraction of the volume
they formerly produced.
When the “powers-that-be
feel they have consolidated their position sufficiently for
the next up-swing the wheels start turning again and the
goods and services start flowing.
x
Once upon a time this nation could afford to let this
sort of thing go on, but this is no longer true. Our nation
must remain at a high level of production. Our peoples
must not be plagued with the confusion and frustration
that goes with depressions. The Hoover years almost
produced a radical change in our form of government.
A depression today can very well let into our government
the well organized members of the communist party that
sit in wait for just such a chance. Stalin, during his life
repeated again and again that the capitalist nations
would fall because of a depression.
Now that the fighting in Korea seems on its way to
an end, it might well be that the communists are doing
this so that our production of goods will fall and set off
a chain reaction of unemployment and- the much-hoped-
for depression. With our nation stunned by a depres
sion, and our factories idle and, therefore, useless, a
strong communist group of nations can move all over the
world in vital spots.
Formt Service, U. S. Department of Agriculfure
“I'm helping the forett service ranger »tart an avalanche while there
are no »Icier* on the hill to get hurt."
Editorial Comments
2—THE MILL CITY ENTERPRISE
April 21, 1953
Commerce report that business is
planning to spend record sums for ex
panding their plants this year. The
expected outlay of $27 billion on
growth and improvement of plants
and equipment exceeds the previous
high of 1952 by $500 million—or by
2 percent.
Operators of private utilities, the
agencies report, will lead the way
with a jump of 14 percent in capital
expenditures.
Those are the same
boys who have been crying for 20
years that the government is driving
them out of business with its plans
to bring electricity to more people
through public power programs.
If the excess profits tax is hurting
business there are a lot of wage earn
ers who would like to suffer the same
way.—From A FL News-Reporter.
ously could slash the death toll. It
seems amazing that so many driver*
can hardly wait to get into their
graves!—From Oiegon Journal.
DRIVERS WHO CAN HARDLY
WAIT TO DIE
Year by year in every way Ameri
cans are getting more reckless in
traffic. The year 1952 was the third
in a row to report an increase in the [
death toll with 37,600. men, women ;
and children sent to their graves.
From 1946 to 1949 there appeared
hope of traffic safety with satisfac
tory reductions in deaths. Then the
tide turned to recklessness and indif
ference.
But if you are shocked to read of a
increase in deaths, read farther |
and learn that injuries in automobile [
accidents jumped 6%. For the first I
time the number exceeded 2 million in i
a single year. The increase for 1952 1
was 127,400 more than in 1951.
We would despair of writing an- 1
other word on traffic safety if we did '
not recall the effect of propaganda to ■
advise northwest residents of fire i
safety in the woods.
The amazing |
thing is that Oregon and Washington !
generally make a far better record in ;
an extremely hazardous year.
In
short, when the public watches ther- .
mometer and humidity gauge intent
ly, there are few fires.
Motorists by watching speedometer
and safety signs and driving courte-1
MOVED
To Our New Office
1114 ('enter St.
DR. R. REYNOLDS
Na t u ropa th - Proctologist
Phone 3 9460
SALEM, ORE.
<1 III 11111 Illi 11 i 111 II 11111 III 1111111111 II 111 II I HIM
Mill City
Auto Supply
YOUR
AUTHORIZED
THE GIVE-AWAY POLICY
hower administration discloses these
DEALER
Sen. James Murray (D, Mont.) has facts:
labeled the Republican party the: 1. The President urged Congress in
FOR
“Give-Away Party.” While the sen a special message to dispose of
ator was indulging in a partisan at 'government-owned synthetic rubber
tack, there are serious grounds for i plants to private industry.
the indictment. Even a hasty survey
2. The President asked Congress to
of the first three months of the Eisen- [ give away the submerged oil lands
to four “tidelands” states for develop
ment by private petroleum interests.
POWER CHAIN SAWS
3. The government has increased
interest rates on its new bond issue,
Phone 1652
a move which will eventually give
away millions of dollars to banking
21-HOUR SERVICE
interests.
4. Former President Hoover has
(Heard over KPOJ, Portland, at 10:15 uiged the government to turn over its
huge power development projects to
p.m., Monday through Friday)
private utility interests.
Wake I'p America, Time to
It is interesting to note that in each
Stop Looters:
case Big Business is to be the bene
Secretary of the Treasury George ficiary of this new type of govern
Humphrey has offered for sale $1 ment generosity.—From AFI. News-
billion in 30-year government bonds. Reporter.
He has boosted the interest rate on
—
those bonds from 2’i percent up to
ANOTHER MYTH DESTROYED
31» percent.
If Wall Street takes
Big business argues that the excess
them at this new and higher rate, it
I profits tax stifles initiative, scares
means that the cost of servicing the
away “risk capital” and cripples busi
national debt has risen again—to the
ness growth.
benefit of the bankers and insurance
All the while that it presses Con
companies. If Wall Street declines to
gress to kill the tax—and even asks
take the new issue of bonds at 3V,
for substitution of a sales tax instead
percent, then Humphrey will be '
—Big Business knows its arguments
obliged to raise the interest rate still |
are as hollow as a hole in a doughnut.
higher adding new billions to the
For the Securities and Exchange
burden of the American taxpayers. 1
Commission and the Department of
In either case, the Treasury action is
a surrender to Wall Street and a
crushing defeat for the rest of the
nation.
It means higher mortgage
rates on homes and farms; almost
immediately following the Treasury
announcement, the president of the
American Moitgage Bankers Assn,
UX'KIM.» X IC.X'X.XiX X XK.X ><»t XIX XiK XUWCX XIX.K3CX X X.X X tot X'X.XiX X.X.XiX3(D©<’x
declared that higher interest rates on
home mortgages guaranteed by FHA
SALEM. ORE.
Ph. 3-6489
FROM COAST TO COAST PEOPLE ARE SINGING THE PRAISES OF THE MOST
1288 STATE ST.
and the Veterans’ Administration are
necessary. This Treasury action also
MODERN HIGH-COMPRESSION LOW-FRICTION SIX IN THE INDUSTRY!
I means higher interest rates on auto
:
mobiles and farm equipment. It will
Ford's 101-h.p. high-compression Mileage Maker
cost you higher rates on gas and elec
Six has become so popular Ford has now gone to
tricity since public utilities finance
record production to meet the record demand.
themselves tsrough long-term loans.
You can't l>cat these prices—Come in. get your share
Ford’s 110-h.p. Strato-Star V-8 is still
When this same policy was pursued
stealing the show, too, as the only
during the Coolidge and Hoover ad
;
V-8 in the low-price field. And
!! ministrations, it paved the way for i
X depression; there is no assurance that
both Ford high-compression
history is not repeating itself.
At a time when we know you will most appreciate it—our pleasure is
engines offer the fuel-savings
FRANK
EDWARDS
Says:
McCULLOCH
MILL CITY MEAT MARKET
Quality Meats and Groceries
FOOD LOCKERS
FROZEN FOODS
FORD SIX WINS AMERICA I
Randall’s FINE MEATS
SALEM'S MOST
COLOSSAL
BEEF SALE!
•
to bring you this fine Eastern Oregon Hereford Beef at the lowest prices
in years and years! Wholesale prices on every beef cut in the house!
Plan to buy a week's supply. Fill your locker.
Fancv Eastern Oregon Hereford
BEEF ROAST, Arm, Blade Cuts. Rumps
K
Jt
"> 35c
Fancy Eastern Oregon Hereford
BEEF STEAK, Round. T-Bone, Rib Steaks
49c
lb 35c
FRESH GROUND BEEF
Ib 49c
FRESH GROUND ROUND
Ib 19c
LEAN SHORT RIBS
Ib 49c
LEAN BEEF CUBES
«
lb 69c
Boneless New > ork Cut
Ib 59c
Sirloin Tip Roast or Steak
Ib 89c
Beef Tender Loin
Ib 35c
Fresh Beef Hearts and Tongues
Plump Young liens, fully Dressed and Drawn Ib 49c
buy Locker Beef Now!
Beat selection of Fancy Eastern Oregon Hereford beef. Don't fail to
take advantage of these prices. Convenient credit may be arranged.
Nothing down—a full year to pay.
Half or Whole
34
311/2«
Front Quarter
2812c ib
Hind Quarter
Baby Beef LIVER
Fancy Oregon Brand Sliced Bacon
Tender. Lean. Meaty CHUCK STEAK
3612c Ib
. lb 39c
lb 49c
Ib 39c
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«
I nlucki Number 13:
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The Holland bill, which is now be
ing debated in the Senate, is the oil
lobby’s giveaway bill proposing to give
the off-shore oil to only three states
instead of retaining it for all the
people of all the states. It is known
officially in the U. S. Senate as senate
joint resolution No. 13 an unlucky
number for America’s school children
if the senate approves the give away
deal. The Society of Adult Education
meeting recently in Denver estimates!
that $11 billion are needed immediate
ly to repair broken-down, out moded
schools and to expand existing school
facilities.
How will your senators
vote on this crucial measure?
Will
they give away this $50 billion na-i
tional treasure to three states and the
oil lobby, or will they vote to retain
I it for the nation and use the revenue
to maintain and expand our schools i
throughout the nation? Every state
has a billion-dollar stake in this fight. I
Write to your senators right now and
urge them to keep faith with your
children by voting against the give-1
away Holland bill.
BACKACHE?
If 5
ar? bothered bv Backache. Getting
Vp Nights itoo frequent, burning or gtin«
Ing urination'. Pressure over Bladder, or
stron< cloudy urine, due to minor tempo
rare Kidney and Blbdder Irritation, for
palliative relief a«k your druggist about
CHTBTEX. Popular 35 year* JO million pa< k
age* usod BatUfaction or money ba . k g-.ar
anto«4. Ask dxuggut about CYSIXX today
of Ford’s Automatic
Power Pilot.
Fifty Y ears Forward
on the American Road
ONE OF
41 "WORTH MORE" FEATURES OF THE
F.D.A.P.
53 FORD
Herrold-Philippi Motor Co., Stay ton
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