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Show Tht HELPER (Utah) JOURNAL THURSDAY, NOV. MffX EIGHT 1. 1B JgpliS Bill of Rights'' To Protect Consumer 6 Sen. Paul Douglas (D-lll- MRS HAN LEY'S ROOM We have been busy preparing a program for our parents for this week. We hope tihey enjoy It. In health last week we learn ed how important it Is to care for our eyes. Thres children in our room have been fitted for wearglasses this year and are ' ing them. .) Chairman, Subcommittee on Production and Stabilization, Senate Banking and Currency Committee Is the consumer entitled to know the truth about the costs of consumer credit? For instance, how many consumers realize that: The small monthly service charge of W UKr V on d epartment store charge accounts is usually I a true annual interest rare of The per month plan of small loan , interest per year. companies is really 36 The 4Vi new car financing plan of some commercial banks it really 9 per year. MM OOUOUS The advertised J rate on home improve- t loans it not less than for credit as he doet for other t home mortgage, but nearly items in the family budget. tvscc a much, or about a 10 For the past two years a Seniaterat rate. ate Subcommittee hat held ex6 The rate tensive hearings on the "truth by tome used car dealers in lending" bill. This investia year and tome at alwayt 1 2 has demonstrated congation Maes very much higher ai that many, if not clusively aaoch as 11 interest to 25 consumers arc either unmost, tact per rear. aware, confuted, or badly Credit plant for about- the interest awr being promoted by tome rates and charges they pay for latauert at only "pennies per various types of credit. week" tome timet amount to These art not unusual cites interest per year. but merely .a few, common exthose f iat in 'the United ample! involving inaccurate or States Congress who hare spon misleading interest rate' infor- -' wmA the "truth; in lending' mation.. Tot yourself do you whictv woald require the know what the finance charge MB disclosure of the costs of was, and the true annual interCHuumer credit believe that est rate, the last time you boreke borrower has the right to rowed money or bought on kssow what credit it costing credit? , Today the personal debt owed la spite of widespread public by American families has sapport, however, opposition in reached the amazing figure of the Senate has prevented its $205 billion. Out of every etsactment. To overcome this $100 take home pay, American will require deter- families opposition pay out at least $13 to mined support for the bill by meet pay menu on loans and in the average consumer. stallment purchases, and an adThe "truth in tending" bill ditional $5 to meet mortgage imply requires that anyone en- payments. Interest and finance charges gaged in the business of extending credit at the retail level on these personal debts now to iefly disclose in writing the tal $M billion a year, or S5 bilate of credit to the borrower lion a year more than the infactwra the papers are signed. terest cost on the national debt. ,7181 written statement must With such sums involved, it the total amount of the is only fair to demand, as the paaaacc charge expressed in dol-jft- "truth in lending" bill does, and cents and the simple or that the consumer be told the itrat annual interest rate on the truth, the whole truth and nothing but the truth about the Sach information would en- - interest rates and finance charges the borrower to compare be it asked to pay. That should not be a partisan laawan teiy the cotti of credit by eSnerent laiidera be- - matter. Republican consumers ed protection lost as arach as on the dotted Lac could shop at wisely Democratic f MRS MYERS1 ROOM The first grade is busy practicing on the program for their parents. The program will be Friday th? lBtih at 1:30 p.m. The children have been working real hard on their numbers. Most of Hlhem can write and read from 1 to 25. They can count to 100. The children have learn ed that practice makes perfect. They are trying to be neat and write the numbers correctly. 18. j1 teen-age- MORE ON MISS PRICE'S ROOM We made tome books for our library table. It was fun to write the atorries and make the pdc tures. For Book week we ar going to take turns sharing our books with others. We are also going to read a book or story to the class. This ia National Edu cation week. We hope our par ents come to school to see what we are doing. rs tt MRS BORIS'S ROOM We experimeoted with silhou elites of an Indian Chief, Pil grim , and turkeys to make our blackboard border for November, We concluded silhouettes are ef fective and fun to draw. Since is National this week, No. H1-Education iweek we are trying to read a book during the week Everyoyne successfully accomplishing this will haw his name on a special honor chart. Several parents visited our room during American Eudcation week. We wrote our parente special invita tions in English Friday. I MR GONZALES' ROOM ...Jjut week we gave reports on Veteran, Day and Book week-O- n Nov. 6th toe went in and saw how people vote and count the ballots. In basketball we honor ed the students for sportsman ship and for having good teams. The girl cheerleaders were award ed for their cooperation in the H7 de aa MEDI-CAR- PROPOSAL E CHRISTIAN SCIENCE RADIO Since the vote in the Senate, newspapers all owr the land have that health care for the aged should not b a football of partisan poll, tics. Many of them have pointed out that the 2U Democratic Seniors who voted against the Social Security health care plan make of the up virtually one-thi- rd Democratic (Party's 64 Senate members not just the so.called "handful" described by Presi dent Kennedy. It also should be pointed out that the House Ways and (Means Committee, dominated by the majority party in the House of Representatives, held long hearings on this issue last year and has steadfastly re. fused to approve the Adimlnlstra mid-Jul- tion y measure. In short, this should be a political auestion. non-prtisa- issue n. It is is and non. a matter principles and approaches which go beyond the ballot box and the rewards of political ofof fice. gress and the American people, iequire careful study not only of specific proposals but also of general background. Therefore, in the weeks and months ahead, let's put aside political opportunism. Let's tale a practical common-sen- tered on the Bill. This proposal would provide limited hospital, nursing home, home nursing and outpatient diagnostic services to all persons over 65 who are eligible for Social Security retirement benefits regardless of their need or their income. During the attempt to jam the bill through the Senate, some so-called compromise amendments were offered to make the plan more palatable. However, those changes altered the bill only superficially. They did not affect the basic idea of providing health cars benefits through the Social Security system, or taxing the wage-earnof this country to provide care for millions who can well afford to take care of themselves. The proponents of this type of legislation, employing the emo tion il appeal, have tried to make NOVEMBER "THE TIME FOR GRATITUDE" KOAL this same point, Senator Russell of Georgia, a leading Democrat, objected strongly to the way in which the Administration tried to steamroller the proposal through the Senate as a rider to another bill. He said during the Senate debate: "I cannot conceive of a more dangerous precedent than to take up bills of this magnitude without a written record of hearings and without a thorough study by a committee of this body to help us arrive at a proper decision." Proper decisions, both by Con- - lly Neighbors ill and without proper health care. Nothing, of course, could be farther from the truth in this nation with the prosperous world's highest living standards. Commencing on this aspect of the issue, Maurice H. Stans wrote earlier this year in bis syndicated newspaper column: "This is the result of another case of undue emotionalism in a surge of symWashington pathy misdirected toward an excess of government.H . The fact is that we cannot generalize about our senior citior about people in any zens HERE'S HOW MYC WATTY SECOND Mud out how much money yon wiS need to cover the pnrohaee . . . "Pretend Vm a bartender tell me your troubles." ... CENTRAL COMMISSION Phone 472-569- 1 f- - Helper, Utah - Helper sure Savings Bonds? It's a move you can make today to make your future more secure. You won't find it printed on Savings Bond, but one of its benefits is the itrnifthenins; of freedom itaelf. Tho better it runs the better you live) Volume goes cots down. Cheaper by the down, cheaper suTJ by the million. That's bacaaee adVerdainf b on the job, building mast tnarkcts. Then increased demand Malta more job- e- puts more money Into drculaboa foe bigger buying power. Ifs the American cycle of productivity and plant, and cherts 00 Emit V'at it can do foe all of us. up-pri- U.S. SAVINGS BONDS tm J3 rT V -- p THE HELPER STATE BANK to have it tomorrow. How about doing your saving with U.S. Keep freedom in your future with -- at Helper State Bank and Bare! mdm was fitee Though this wall ia in Berlin, Communism's rule of terror threatens free men everywhere. One way Americans help safeguard their freedom is by buying UJs. Savings Bonds. age group. The problems of ttoe whether they involve aged health or finances, jobs or recare those of individreation uals, not of an entire age group. about Some elderly people are on public asmillion 2 sistance for all of their needs. Some oldsters are wealthy or well-to-d- o. In between those two extremes is the vast majority of our old people, with Incomes and financial resources ranging from low to modest to comfortable. Some poor people are extremely healthy, and some wealthy people are invalids. AND SUPPLY CO V-Pr-es., now, so you'll be KG. THIRD Let our Loan Department make out loan and aoggest plana to yon And tell yon abort the paymenta at equitable bank rates. (SfMiiiy Whatever your feelings all the money there is about money, you'll wouldn't be worth very probably agree that it's much. A secure future handy to have around takes both money and even all by itself. the freedom to spend it What's more, if you as you choose. make it your business That's the main reato save some pretty son why buying U.S. regularly, in a few years Savings Bonds is Buch a you'll be ail set for that good idea today. You new home, or your do double saving on a child's college expenses, single investment. You or your own retirement. save money, at a guarOr will you? anteed rate of interest. Without the free- You provide funds that doms on which this help Uncle Sam stand country was founded, up for freedom right 10:00 A.M. ... . FXSflT Pkk oat the Car or Truck yon want to buy. Finance elected new officer. They are as follow ....President,, Howard Schultz; Carol Bryner; Secy. Dar-e- ld Riche. Patty Bradley gave a report on the flag and on Friday -- 1230 on On ..On Friday we 18 . ers cheering. Sunday t! .Tli For the past year and a half the major controversy has cenKing-Anders- THANKSGIYIX6 PROGRAM se look at the basic facts and ideas involved in the question of how to finance health care for our senior citizens. The Chicago SunJTimes put it this way shortly after the Senate vote: men it has had time for sober reflection, we hope the Ad ministration iwill have a clearer view of this defeat than was indicated by the President's hasty reaction. There is enough doubt about the . wisdom of a new sys tem of medical care through So- it appear that the great majority cial Security to warrant extend. of people over 05 are destitute, ed study and debate.' she gave us a test. We have been having other reports that help us to learn about important SPECIAL SERIES |