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Show JANUARY 5, T11E JOURNAL 16 SON THEY 'BURIED' REPORTED POW THE LIVESTOCK WATCHDOGS NEEDED In a letter to Senator Lodge, former President Hoover endorsed a proposal to set up a new congressional committee to act as a watchdog on military spending. Mr. Hoover wrote, When appropriations were a few millions, the members of congress or its committees formed sufficient guardianship of their proper expenditures. But now that they run into many billions, something more than the normal congressional committees are essential for watchdog purposes. It is often said that, despite the burning need for rigid economy in government, we must not tamper with the rearmament program. This is true as a general principle. But waste in the military establishments is just as bad as waste in the Interior Department, the Executive establishment, or anywhere else. Congress has been properly disturbed by reports that military officials have pursued purchasing policies which artificially and unnecessarily drove up prices and thus bought the country less defense for the money available than would otherwise have been the case. Senator Lodge, a veteran of the last war and one of the strongest advocates of full preparedness, believes that the y a year proposed new committee should maintain a supervision of all defense spending. We are now paying the highest individual and business taxes in our history, save for the peak reached briefly during World War II. In spite of this, we are running a tremendous deficit and going farther and farther in the red. Can anyone doubt that all spending must be stopped cold and that the essential spending be watched with the utmost care ? 365-da- ( lights the laces ol Mr. and Mrs. Henry Smith, and their daughter, Mary Ann, 10, in Kansas City, Kans., as they list subread that Pfc. James W. Smith, 19, is on the prisoner-ol-w- ar mitted by the Communist forces in Korea. Six months ago the Smiths buried the body of a soldier they presumed was their son. (International) THE JOY OF HOPE NEW-FOUN- D non-essenti- BAD FOR ALL al nothing Wrong with .ly Tunny Present price control laws and policies are exerting so great a squeeze on retailing's profits that efficient, pro- gressive merchandising is actually being imperiled. This is not to say that retailing is after sky is the limit profits, n the best of times, profits are very modest and are kept so by the irresistible force of competition. But the present situation is completely unreasonable. Here are two examples, one in the food field, another in the general merchandise field. For the three months which nded September 1, a large food chain showed an increase in volume of 17 per cent over the same period last year yet its net profit was down 45 per cent. During the first half of this year, sales of 228 leading department and specialty stores showed a gain of 2 per cent but their net of one profit from merchandising operations was a cent earlier! 2.3 year per per cent, as compared with six-tent- 1952 SITUAT-.- . TION LOS ANGELES UNION STOCK This was a short week YARDS in the livestock market because of the extended holiday period. As a result receipts were very light and wyers were forced to pay strong ;o higher prices in all divisions. Cattle numbers were extremely small and the market was a little uneven. Cows gained 50 cents to l in active trading, but at the same time steers and yearlings were only steady to 50 cents higher with the same trend seen on heifers. Other classes of killer cattle sold stronger while and feeders were steady. Stockers cattle were practically absent this week with the best available grading low choice and selling at $86.25. At the same time the bulk of the medium and good steers and yearlings sold from $33 to $35 with a sprinkling of common offerings going down to $30 and a little less. A few heifers sold up to $34.50, but the bulk of the supply figured at $31 to $34 with a few dairy type kinds down to $28. Good fat beef cows sold in a limited way at $26 to $28 while the bulk of the beef grades went at $22 to $25. Most canners and cutters sold from $17.50 to $21 with a few canners going under $17. Odd head of bulls sold at $30 and better, but the bulk of the supply went at $2S to $20.50. A few vealers reached $35, but most of the available supply went at $2s Choice to $32. Stocker and feeder trading was light. A few calves sold from $30 to $32 with some fleshy feeders up to $34 and $34.50. Hog prices were fully 50 cents higher for the week in contrast to lower prices at all markets. Good and choice butchers sold up to $20.25 while a few big weights were going down to $18. Packing sows sold at $17.50 and hs mid-weste- rn This, of course, is the result of OPS' stubborn refusal to permit merchants to add to their selling prices increases in wholesale, overhead and other costs over which they obviously have no control. Superficially, that may seem to be a fine break for the consumer. Actually, if long enough continued it will hit the consumer hard just as it is hitting the retailer. When stores cut their stocks, reduce their services, and draw in their horns all along the line, we wont get the kind of merchandising we want and are used to. On top of that, such a policy must eventually force many stores, particularly smaller operators, out of business and that isn't good for anybody. Every business is entitled to a reasonable profit. That's what makes the American economic system tick. Retailing under. Sheep and lamb receipts were too small to test the market ana quotations were held on a nominal basis. Members of A KAYSVILLE Lonas club entertained their part- ners at their annual Chiistmas party Saturday evening at the home of Mr. and Mrs. Earl Tall. isnt getting it now. By R. J. SCOTT'S SCRAP BOOK BLEED. ' SSXtAPS 4o EMrf IS R.ULL 6LQOP -- IHJUftXP KOKE.Y PROM. . YOU'RE TELLING ME! frit Mlri . BLEED, DRAY two-thir- ds cp'-.gs- 16. WEAR. HAIR LQNJ. U1. ttfOKT polio WOMLK OF REMNEU. ISLAHD. 4b EXUML VAlXSliOft. SAP, AS AH 4b Judith Gorman, of Houston, Texas, has been battling of her life. After she was st Icken two years' ago, she went home from the hospital with braces and crushes. Now shes back at the Southwestern Poliomyelitis Respiratory Center in Houston for an operation which doctors hope will help. The center Is one of several sponsored by the March of Dimes for respiratory polio Three-year-ol- d AMOKS'ftt. BLEED. OR. scon pMaTo ii'istf IK Ho of 11,000 Los Angeles high school pupils it was found that 18 per cent didn't know there are 12 months in a year. Maybe they think only of June, July, and August. - ftaufiAK i . t i Fpur per cent didn't even know the alphabet. At least, not letter perfect. i Nineteen per cent couldnt spell the word "writing. Probably couldnt write the word P'SSgH 7 , ,w. F KI t,8pelUng,, either. I I IRON LUNG Central Press Writer examination at a clock. Well, at least they IN A SPECIAL ORIGIN 1 By WILLIAM RITT PACIFIC) I Three per cent couldnt tell the time of day when asked to look havent been clock watchers. t i, i Half of the 11,000 didn't know, how many U. S. senators each state has. That may bring, another congressional investigation. I ! ! Perhaps this is a sample of the carefreeness of youth. Or maybe they all played football in grade school. , i 1 The test was given to determine pupils knowledge of minimum in arithmetic, English and social studies. Results indicate they may have been emphasizing the social essentials Jut Household Hint When sewing on buttons that are subject to hard wear, slip a pin across the face of the button and sew over the pin through the eyeholes of the button. Finally, wind thread several times between button and material and fasten the thread securely. r ; . |