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Show ,d Ulare e tor Age Opportunity Conservation of Human Resources , More lWlKnrouraffenient for outh Attention to Making Life And Happiness iTHE HUMAN WELFARE ADVOCATE! 42 1,1, N bALT LAKE CITY, th. Port 0 .1 Salt SUGARIIOUSE, Plan to Make Load National Prosperity it. XEy AXG n. le on cooperatio on new angle is proposed in the plan described in ivity ' 0yrjghted leaflet just released, andwhich It proposes tro publishing by permission. with Mer- v interest the consuming public m men Professional making a t and transaction tax effective in 2 m all kinds of business, and the proceeds from such tax among riding Following is a copy of the ; ! entirely in i .'Son let: Copyright 1937 by T. C. Winn EARN DIVIDENDS ON WHAT YOU SPEND SECURE FOR YOURSELF AN OLD AGE PENSION over a maturing period 3U, in circulationcash $400.00 for the a) will receive in checks issued to replace the checks rostered in his name and maturing dur-- 2 and $1,000.00 token guch period nings on the checks sponsored by him Ue total of $1,400.00, and after deducting ' $580.00 paid for tokens, will have a cash profit of $820.00 left. re-L-- urns to the olesale Merchant of checks engaged in. the olesale business will operate under Retail-exce- pt ctly the same conditions as the that he may not have any place ore he can definitely depend on placing checks to make' a weekly two way insaction and clearing exchange circle, J may have to pay the entire amount iimi for tokens himself, in which case must expend for tokens to mature his 4:s the full amount of $1,200.00, less ani'iunt originally paid by the purch-.Mf- i-s sponsor re-pos-sess for tokens to start the checks in uhtion S20.00, and the amount paid by Retailer who first passes them on to wholesaler, another $20.00. A total lie paiil by the wholesale sponsor of - Ilia returns will be exactly the the returns of the Retail and after deducting the iximum amount he will have to pay for kins to mature his checks, he will have fStei cash profit of $240.00 on the transition, in addition to the increased volume Xjhusiness that will naturally be diverted shim from the wide distribution of such ilG0.no. le ns How are they Kept in circulation? They are sponsored by various Merphants and other business and professional men under an agreement with the issuing organization to keep them in circulation by clearing them once a week through the clearing exchange in much the same way as bank checks and other commercial papers are now cleared thru the bankers clearing house, and through such clearing and the Exchange tnkeiU attached by the sponsors and others accepting them in the course of business transactions should be made to mature in approximately thirty weeks from the date of issue. It is estimated that they will safely mature within one year from such date. .. How is the distribution of their earnings determined? They are registered as sold, forty per cent in the name of the Merchant sponsoring same, twenty per cent, in the name of the issuing organization, twenty per cent in the name of the buyer, and twenty percent in the name of some mutually interested organized group, such as the Mormon Priesthood Quorums, relief societies, ward organizations or other religious, fraternal or ed in like per cent to the registered holders of same. How can I be benefitted by using them? As a purchaser you will be permitted to acquire by original purchase from the issuing organization up to but not exceeding $3,000.00 worth of the checks, and upon acquiring the limit at any time after you have been a registered holder of checks for ten years or more, you can the checks originally acquired by you and registered in the name of the organized in your group and have them own name, and they with the 20 per cent, originally registered in your name will give you forty per cent of the $3000.00 originally acquired by you from the ora total of $1,200.00 registered ganization in your name, which you can convert into a regular income without further investment, and if the checks mature once a year as estimated, you will receive in reissue of matured checks $100.00 a month for the remaining years of your life, and the organization will pay your estate in cash at maturity of the checks next following your death the total maturing sum of $1,200.00, or on attaining the age of sixty years before the ten year period has expired, or being over sixty years of age you have been a registered owner of checks for two years or more, you can repossess the checks originally registered in the name of the organized group, whatever the amount may be, and have them reregistered in your name, and convert them together with the twenty per cent, original-inly registered in your name into a regular come and thereafter receive the income of such checks provided by the to time as long as time from mature they made to your have and payment live, you total the maturing value estate in cash of of such checks at maturity date thereof next following your death. Merch-$1,400.- 00, aide checks, and the fact that they are between all sponsors Sterchangeable Sjreof and must be spent at one or an-- cr of the sponsoring business houses ie entitled to clearance through the or-iza- tion clearing exchange. start them in circulation, . and the rge for of maturing checks istered in your name, and two per cent, ijtheir face value for exchange tokens to them again in circulation. re-is- sue re-iss- at incentive is there for Merchant to Sponsor the is and keep them in circulation?, retail Merchant sponsoring $1,000.00 such trade checks will obligate himself pay approximately $23.00 a week (a he buys his supplies and stock, who d of $1,200.00) cost of tokens to keep the yks in circulation during a maturing less whatever amount is paid by its in passing them in the course of ness transactions. At least one token ft be attached to each of them by the lasers to start them in circulation e they reach the sponsoring Merc- hwhich will be $20.00 of the amount to mature the lot. The Retail will be able to pass them at once a week to the wholesaler from nttach at least one token to each of when presenting them for clearance clearing exchange. From the dear-chan-ge they will go back to the r, completing a two transaction and nrinp exchange circle, and if this is week during the maturing fi,fhe sponsor will need to attach only Per cent of the tokens necessary to re the checks, less $20.00 represented the tokens attached by the original . 5JWr to start them in circulation L.h sttached by the Sponsor of I t'0, bt maximum outlay to keep his m iod, Ij re-tede-very I circulation i . .. ms to the Retail Merchant $580.00 expended by the n;i?re Merchant for tokens to keep his to;1 Are Reffistered Trade Checks? i ,1.8,crc Trade Checks provide a Medium of Exchange designed a two trans-- n per cent i tax effective for the benefit of cyperate in their use. They are . i. 5 tordenominations and provis- -t fmae attaching a 2c Exchange ipn check every time it changes ,b nHa dfroiiirwv e channels of trade or passes the clearing Exchange of the or- Srdtr!!1 ia8uin same, until it is full face value. co-fati- self-impo- J. i sed ve !& uffck. Kntered m Second Class Mailer at re-is- sue the 1st year after the date of issue $ 60.00 " 120.00 180.00 240.00 300.00 360.00 6th 420.00 7th 480.00 8th 540.00 9th Tioth from beginning) of . A total : the name of and the group organization trade checks which 20 per cent of your will have re- - were originally registered to disceived a like amount of $2,700.00 amount The tribute among its members. will of any smaller Income you may receive determined by; of course be the trade checks you acquire from mto them converting before trade checks Since you will have received every dolla for value of equal purchasing in cash you exchanged for them, only the small actual investment will be become a mem to registration fee you pay cent ot 2 of the Exchange, plus per She face value of the checks acquired by Slu tom the organization, which you will tokens repay for the exchange when checks quired tobe attached to the & PER YEAR George C. Christensen back to the people either The Price Level SERMON margin in this shift of changing "Give us this day our daily work and we will earn our And Social Incomes values. daily bread. Our religion is one of humanity. Our desire is to serve. For several years the National Government can accomplish We xnow that we can help God' and ourselves only as we help Government has beenr engaged- tirir through the1 exercise of tit others, and that tbolove we give away is the only love we keep.1 in the task of maintaining a Elbert Hubbard. price level on goods and produce A LAYMANS - CONCR ESS WILL LEGISLATE IN VAIN The preient congreH will attempt to legklate prosperity and induftiial peace but their effort will be in vain. The fundamental laws which guaran-te- e peace and prosperity were brought into bong long ago. They have been on the books' for mote than 3000 yean and are fixed and immutable. They are in the Book of books and as applicable today as when the King, dom of Israel was formed before Ml Sinai. If congress would ' enact' the people obey diem economic salvation would be as sure as the sunlight The nation and the world are breaking economically and politically. Leaders are unable to cepe with the situation. The more they try the worse it gets. Men desperately seek solutions that do not solve. The confusion, the war, the suffering, the poverty and the trouble come because the nations have violated the fundamental principles of righteousness and forgotten God Getting back to God and observing the laws of righteousness on which all prosperity and peace is based, will work such a change among men that they will be surprised to see their distress and economic and political troubles gone forever. HUMAN CULTURE i Dr. John T. Miller e Oriental critics, like Tagore and Gandhi if we should them would say: The seed that your Western Civilization has sown is sprouting in your youths; they are not especially perverse the; merely show the defects of your whole system of life. Tagore and Gandhi would be correct in their diagnosis of our Wsstern lack of civilization. There will be no Bocial salvation without cooperation. The present individualism must be changed to collectivism before normal social, political, economic, moral and rpiritual conditions will be established. There have been many ugly spots in our civilization for a long time. Education and religion are the two forces (hat should lift humanity to higher levels but the profiteering on both of them and will not let system ha a strana-hol" is forced until to. it go The consumers of America are today being ground to death between three millstones: selfish profiteering groups, selfish labor groups and Government spending that is needed to supply the necessaries of life to millions of unemployed. Leadership in making fundamental adjustments in politics, economics and sociology that will result in a higher morality and spirituality is the crying need of today. The idealism of the world war and of the seven years of depression is being lost thru ar prosperity and youth suffers most morally. ; inter-rogar- d ial by a policy of restricting produc tion while also maintaining a return to the renter of capital by restricting the issuance of public money. A stable price level for goods and produce would seem a valuable contribution to a solution to the problems of economic science. For with every change in prices somebody looses as much as someone else will gain. If prices rise ten billion dollars then ten billion dollars in added purchase medium is required by consumers during that period of time that the total in credit is recovered once within the total of consumer income. But if prices decline ten billion dollars then ten billion dollars in added purchase medium is needed by the producer to compensate for the costs that he has failed to recover in trade. On the basis of simple arithmetic a rise in prices is a social credit to which the consumer is entitled to buy all goods produced. And on the same basis a reduction in prices is a social credit to which the producer is entitled to compensate fur his loss in trade. Ilence it is desirable to maintain a stable price level where this may be done without the distruction of goods or produce. Yet every rise or fall in the general level of prices may he compensated by public authority through a consumer-producincome system paying . People's Lobby Legislative Program Following is the legislative program of the Peoples Lobby f Inc. a national organisation with headquarters in Washington, D. C. 1. Heavy progressive taxa- tion of incomes, personal and corporate, of estates and of land values, and repeal of consumption taxes. 2. Government Housing, Marketing, and Farming Cor- porations. 3. Socialization of Banking and Credit. Plans Special Notice American Benefit er Union is steadily forward, there many things connected with the certificate that has got to be ironed out both with state and federal laws. Not wishing to put out any false hope to our friends we are going into every details. When the American Benefit Union is ready to moving & sell certificates you can depend on the knowledge being right and the cert ficate worth 100 ct on the dollar and the merchant will be glad to handle them. Quince K. Kimball. i LOCAL ITEMS it Natures Perfect a miracle of chemistry! SUGAR water and air are converted into this purest and least expensive of all energy foods. A million and more acres of land in the United States, largely in the western area, are planted to beets and cane from which sugar is produced. i J f . . . ever-healthf- ul Jewelry, Watch, Kodak Repairing 75 East 2nd. South 83 Years In Salt Lake We can serve you better than ever "crystallized sunshine! SHOE UNION PACIFIC railroad Road of lbs and SltttmlimU Tho Necces-rit- 6klUj tJ y Alfred Sorensen, Progrcii ive UNION PACIFIC performs job for the sugar ini ustry. Last year, it hauled over lVk million tons of sugar beets to factories and 500,000 tons of v refined sugar to markets; transported many thousand tons of UNION PACIFIC freight service is dependable a service of vast importance to an industry that supplies the $ I Nation with this tasty, energy-build- ever-fres. . food , sugar, ing h, The Peoples Open Forum meets every Sunday evening at 7 :30 in the Council Cha mber. Always a good program. Come Geo Fox will speak on of Organization. C v SgmiMtlm a regular income. What do I pay for the benefits received? $1.50 Some Social Economy ue maximum of $3,000.00 of such checks in ten equal monthly amounts over the full the that and assuming again year period, checks as issued matured respectively within a year from the date of isue, you will have acquired $25.00 worth of such checks during every month of the period received in ($300.00 a year) and will have within checks of the maturing 5th Published Weekly by C. N. Lund 1879 NOMINATIONS FOR MAYOR and PRESIDENT VmBiIl King, custodian at the City and Bldg., was m and nominated Judge Clayton Young as hieCounty choice for Mayor of Salt Lake in 1939. Grandson of Utahs pioneer he might do well and help to bring us back to first principles. Why not? Owen Woodruff was in and made the proposal that the West get behind Mayor LaGuardia of New York for He says he was born in Arizona and is an advauccdpresident. liberal. The country might do a lot worse than this. The Utah constitutional hundred per centers might propose Senator King. if any, do I receive? Assuming that you have acquired the 3rd 4th J?n. EDITORIAL What other benefits 2nd 10 REPAIRING Right Thinking Brings Good Results When you think of having your Shoes Repaired THINK 0. K. SHOE SHOP Jobs at Bioderate Prices 414 So. State Street |