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Show WOOOOOOOOOOCvOOOOOOOOOttOOOOOOC IT'S UP TO YOU NEW SPENDING PROGRAMS IN UTAH MEAN News About Our Neighbors From I Boteard E. Ktr$hner, L.H.D. HELPER The THURSDAY, MORE TAX BOOSTS UTAH FOUNDATION KENILWORTH malning fund balances and by additional borrowing from the State Treasurer's bank balances. rtapid Social Change, By BARBARA CALES On June 30, 1902, the outstanding tha Rev, Dr. Paul Abrecht, 8ecre- Thu warning was sounded by loans from the Treasurer's balt the Utah Foundation, the private ances amounted to $7,758,525, In Mrs iFern Anderson was host- .Jewkes for an evening of bridge 'Department of research agency in addition, the State had a further governmental ess to a birthday party for her Mary Ghirardelli and Joe RoiCkarek and land a comprehensive analysis of state obligation of $1,008,544 for Society of tha daughter Merlyn who is nine. lando were the prize winners. in Wasatch County purchased on finances the fiscal and iWorld Council problems Miss Lorraine Davis, Barbara Guests were Paufl Wilmonen, Don the installment plan and to be ot enureses, na and Oeibbie Jewkes, Lauri and Carolyn Cales enjoyed a facing the forthcoming session used for a state laakes tha fol-- j park site. of the Utah Legislature. Jewkes, Carol Duzenack, Susan slumber party at the home of Foundation analysts report that lowing aatoniah-,'ta- f statement:. Bryan, Vickie Swenson, Mary J. Alma Westfall .Friday night at According to the study, "Utah's state expenditures have exceeded "Given tha tax and revenue struc- revenues In Utah during thrne Warren, Michael Burnside, Wayne Price.1 present strength ot ' communism Piling, Lynn Nlelaxm, Laurie Mr and Mrs Ronald Wilson ture appears to be adequate to of the past four bienniums. L; In Tomsic, Sheila Morrison, Willie and daughters of Duchesne vis- meet basic state spending require- the past two biennial periods, the aanyandcoun ited several days with Mr and ments in the 1963-6- 5 tha Dr. Kerthner Jameiz, Kent and Connie tries biennium State has spent over $17 million Mrs Dick Wilson. weakness or with some allowance for normal more than it has colected i:: absence ot democratic politiMr and Mrs Ted Bryan are indicates that Mr and Mrs Ross Christensen growth in regular agencies and . revenues. The I Study cal alternatives, Christianity I i J.. for predicted enrollment increases me prospect is .inai happy to announce the birth ol a and children of Salt Lake expenditure1! lay ba confronted with tha spent 'in the son born Oct. .14. He is named conschools." This Bead to fire at leaat limited revenues will in the exceed public again the weekend visiting their folks clusion was based on the assump present (1961.83) biennium. Troy Clinton. Mpport to Comraunlati. In Mr Richards and Mrs and George soma altuationa a Communist-backe- d For the most part, the excess Mr and Mrs Doyle Warren and Mr and Mrs Victor Christensen. tion that current economic con party or government ditions will continue through the of expenditures over revenues in Mho week They also went deer hunting. la the only practical medium baby ot Dutfway apen 1963-6- 5 biennium and that a recent years has been met by ot action for Christian! who end visiting his mother Mrs Win want to express their concern Dinner guests at the Brandis state property tax lew of 7.0 withdrawals from surplus and nifred Warren. for political order and justice. (Leonard Jensen of Salt Lake Cales home Sunday were Mr mills will be imposed during each fund balances. It has been the In tha political alignment in ia visiting with his folks Mr and and Mrs Roy ,Imboden and daugh- of the next two years. The state deliberate policy of the current manr situations, so it is ters of Price and Mrs Lucy levy is 7J mills this year and administration to use surpluses armed. Communism is not tha Mrs Joseph Jensen. and fund balances in preference Mrs Marilyn Scorzato and Ton Russo and Mrs Mabel Phillips of was 7.5 mills In 1881. greatest evil, and tha ChrisThe report observes that if new to imposing new taxes, in addi tian has bo choice but to work and Mr Marge Guy and Mrs Qgden. ya with them or to support reacJennie iPappas were Salt Lake Mrs Mary Wilson accompanied spending programs are adopted tion, some borrowing from the tionary political movements." hermother and brother and visit or if the state capital outlay pro- State Treasurer's balances has That phrase "so It la artued" visitors Saturday and Mrs Joe gram is expanded, an increase of permitted the financing of spec ,1a tha above quotation thinly Scon a to returned with them to ed Friday in Salt Lake City. 0.36 mills ($.36 per $1,000 assess ial capital outlay projects such jattasaiae Or. Abrecht'a appeal visit for several days. ed valuation) in the state prop as the new state office building. vmmon aooparauoa wun and (Mrs Golden Lambert near certain clr-D- r. ofMr erty tax levy, or its equivalent in The use of surpluses and borrow and P. of Mr were 'ice guests Abracht plainly new or added taxes, would be tag has cushioned the immediate Sua tkat ft ia better tor Chris-na- Mrs Wesley Bruce Sunday. needed in each of the next two burden on the taxpayer somto mpport communism Mrs Louise Belich and sons or ouh fkaa "ta aapport reactionary years for each $1,000,000 that is ewhat by avoiding, or at least post . Art) w m AU-nor we tautm wen or am added to state expenditures in poning, the tax increases which yetiUcal movements." In other Bob and Dan and Mrs Josie Ma Ilownmn-ram ettm mc wau tt lUbm la less evil chete spent the (weekend in Lo- IN , the biennium. otherwise would have been nec AuauMOUNBAUIMrNMttUyAS 1 ooaaerratUm. As an lm- - gan visiting Mr and Mrs Robert Similarly, Foundation pointed essary to balance state require offldai la tha World out that "if the present school-ai- d ments against state resources. OoamcU ot Churches. Sr. Ab Branch, and in Paradise with formula is revised upward, recht'a Tlaws are ot more than their sister Marge Nucich. Mrs Gladys Trauntvein, Elva additional state funds of $24 ordinary Interest It would that ba prefers communism Arlene Brown, Ethel Tays million (equal to an added proto capitalism and that It one Roper, Woods, Florence SaastanV perty tax of 0.80 mills) would if teslrons ot expressing hla Beryl have to ibe found for ech $100 onin, Grace Christensen attended ". . concent for political order increase .that is made in the and Justice" communism is a the state leadership meeting in better vehicle than capitalism. Price Sunday. school formula." Thus, an in. If communism Is not the Mr and Mrs Merlin Anderson crease of $1,000 in the school-ai- d graateat evil" presumably weekend formula would mean a foosst Is. Of course. Dr. Ab- and family spent the from 7.0 mills to lfi mills in the recht naes tha phrase u. . . re- visitin her folks Mr and Mrs By Ralph Robey state property tax, or the equlval actionary political movements." Dee Hyatt of Richfield. at woald be interesting to know Mr and Mrs Joe Rolando, Mr ent in other taxes. A one-thibow ha defines such movements Mrs Louis Tone, Mr and Mrs increase in the present state nod why ba regarda them as and BUSINESS INVENTORIES Joe Ghirardelli Jr.', were the Thanks Senator for reminding schoolaid formula, as has been wort than communism. TURN DOWN re fall e be to as Mr and Mrs Ronald advocated by some school spokesguests if derived from the promen, Almost everyone who attempts perty tax as provided under the to anticipate the general busin present school finance formula ess trend watches the behavior CRYSTAL CLEAR could result In an increase of of inventories. There are good 1H mills (from 7 mills to 23. reasons for this. It is one of the mills) in the state property 'leading" indicators and its rec tax, according to the Foundation ord as a forecaster is reasonably calculations. This increase in the good. Further, the figures are state tax levy would be in addi- issued without delay by the VS. tion to any local tax increases. Department of Commerce. Fin State expenditures exceeded ally, changes in inventories are state revenue in Utah bv 15.5 one of the most volatile elemillion durirwr the fiscal year end ments in our economic system ed June 30, 1P62. State expendi- and normally constitute a major tures amounted to $311.2 million part of the change in gross na. and revenues were $205.7 million tional product. K EEPS COLD fcr the year. Th difference was In August the total inventories met by utilizing some of the rc- - held by manufacturing and trade HEAT 'iOT'isBS (Us j (Utah) JOURNAL 192 18, PAGE THREE SAYS Any new or .expanded spend, ing programs In Utah will ncces sitate an increase in state taxes. ITN his new book, TAe Cfcurcnes OCT. URIcOVERINGifilM Ex-enti- tar'y I X Smokey Says: k If ap-pa- ar NATIONAL ... capi-talla- OUTLOOK m rd i ITS TIME TO TAPrf II fl . ) OUT HOLDS IN Saves up to 40 on rsi Don't let cold weather catch you wiprtparad. , Have a worm, coty home all winter long. Get your Hardware or Umber Dealer NOW i l ion GLASS FLEX-O-GLAS- ..pi over your Screen Porches, Windows a Doors with r. reezewoyt, v. i I ilu 211 48' I Look For Genuine hf?., W'l widths Imi Se Atovene little-Any- one CHUCK'S Can De It. Cm flerlt PRESCRIPTION PHARMACY .i the only Window Melriol that I. GUARANTEED 1 1tAifi HEPER FURNITURE TO7 Utah A Few Decades Past Charles Phone 472-58- Ghirardelli., Owner 61 ''jgk': L V. Among underdeveloped counnuclear energy tries, home-mad- e in one form or another has become the most glittering status symbol since the solid-gol- d Cadillac. Unfortunately, many overlook some important realities in their headlong rush to acquire modern trappings. Among such nations plans tends to be wholly on a grandiose scale giant reactors or huge operations for mining radioactive minerals unmindful of the fact that they have neither the contraction know-honor the demand for the end product. Almost certainly they have no inkling of how to handle radioactive materials without the kind of radiation accidents that plague even industrially advanced countries. Such runaway enthusiasm has been a headache to the International Atomic Energy Agency, set up to deal exclusively wkh .peaceful use of nuclear materials. An outgrowth of former President Eisen :: first quarter of the year the average monthly rise was $500 million. The total today is some $4 billion higher than in August 1861. The customary method tor ap praising inventories is their re lation to the volume of sales. Judging toy the past, present inventories are not high in terms the old (wisecrack that inven-o- f sales. But one must remember tories are never too high until business turns down. That is not true, ' but it should serve as a reminder not to read too much into such a change as took place between July and August. If the decline continues that 1s another matter, and will be a clear fore runner of a business down turn some several months from now, the factors leading Helper . . . A NEWSPAPER WAS A RARITY the e hower's program, IAEA is a United NaUons affiliate concerned with inter national safety procedures, nuclear science fellowships and the establishment of nucleonics departments in universities. IAEA is eager to help evolving countries harness nuclear energy but at a realistic level. Initially, this normally means the use of isotopes in agriculture, animal husbandry and medicine. Not long ago, Tunisia got excited when traces of uranium ore were detected within its borders. An IAEA survey team found the country had too few technicians for processing the ore and no facilities for training more. The major consideration, though, was that the world market already was flooded with uranium; nobody needed Tunisia's. So once more the IAEA had to gently persuade a member nation not to burn its fingers radioactively or economically. Atoms-for-Peac- low-co- firms declined fcr the first tune since the spring of 1661 that is for the first time during this recovery. The reduction was only which is quite $260 million, small in relation ' to the total of almost 41100 (billion now being held by busiraes fiims. But in July the total had increased $270 million, and during the a decline of inventories AND HARDWARE Helper VM Too Hot to Handle Among The Name Is Printed Along The Edge. S. ATDMIC . ' m X IB today, and in most instances it is possible to get quick deHvery. Through the use of computers and other means, business has found that It can operate with a smaller inventory in relation to sales than was formerly the case.. There is no method tfor determining what this amounts to in dollars. (But it is believed to be significant. is so strong 'in many lines of goods that raanuv faoturers are convinced that they-mus- t be prepared to meet the wishes of their customers without delay. This necessitates a buildup of manufacturing inven- -' to fol- lowing are important: The belief of business management that sales are not going to increase appreciably more and that customers can b? well served by the current level of inventories. No one knows how widespread this feeling is today. Unused capacity on the part of producers. This means that new orders can be filled reasonably quickly, and there is no reason for a user of such goods to carry a larger stock than is more or less immediately needed. There is extensive unused capacity in our economic system tive levels. Inventories represent the ty-- r ing up of funds, and the lower they can be held, the larger the profits of 8' business may be granting sales are . not hurt by inadequate stocks. With profits ibeing squeezed as they are to. day, every management must try to hold costs to en absolute mini- -' mum, and that necessitates no greater inventories than clearly required. These factors, of course, relate to the total of inventories. They should not account for a shift from accumulation to liquidation, unless business management has decided lower sales are ahead. But too much must not be read into a decline of one month, and this is efjpecial'ly true since we have only a preliminary figure. The chances are that any later revision will not wipe out the decline, but until we have the final figure iwe should not be dogmatic. Most important is the fact that for many months the rate of growth of inventories has been declining. That cannot be IN MANY AMERICAN COMMUNITIES! 'S Then memories of the Press' fight for freedom were fresh in mind. Although newspapers are common in our country today, their existence should not bt taken for granted. It is a wonderful fact that almost all of our modern communities have their own hometown newspapers, freely edited by member of their own communities spreading the news, stimulating the business of the community, and keeping their readers informed of important events elsewhere. It is well to keep in mind that a free press and a fret people are an unbeatable team. for U i 'A Osi HOW a newspaper was a thing to be marveled at OUR HOMETOWN NEWSPAPER IS A HERITAGE TO PROTECTI 14 Wilt MiAtVAT IMt MCI tit? , ft .... FIRST or Pick out the Oar Track yon want to btry. SECOND Find out how much money yon win not to cover the purohste . . . THIRDyrLet our Loan Department make out loan forms and suggest plant to you And tefl you about the easy . . payments at equitable bank rates. Tinanoo at Helper Stats Bank and Cavst , THE HELPER STATE BANK |