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Show Thursdaf September, 21, is THE LEADER, Tremonton, Utah H E AL" HLiiAIDIEIB lOMGWlLL YOU Published by the LEADER PUBLISHING COMPANY, Inc. on Thursday afternoon, for Friday Distribution SUBSCRIPTION RATES (in advance) $2.50 per year I WHAT factors. The economist and statistician can not put his data in a test tube and xpell all extraneous influencing laotors as the chemist can. He must make his studies with all Vbs influencing factors operating simultaneously. o f this situation cause Be- Jl1!Q to any great extent with our nor-im- al business. After 'election military production will be speeded up unless the Korean situation has improved in our favor before that time. Employment today is at its highest level in our history with over 62,000,000 gainfully employed. Wages are being advanced and inflationary forces are operating. If we will all keep our feet on the ground and not speculate or, buy for hoarding purposes wei will do much to hold prices down ne many forecasts & predictions do and to help business and military no turn out as expected-an- d activities to operate in a more sometimes just the reverse of the normal manner. In the event of expected. The question is some- World War II, the chances are times asked "Why make the that another spurt of buying studies at all". The answer is would add fuel to the inflation that those who study business- ary fire; but barring World War and financial conditions all the m, business for the next six $me should be right more often months should continue about as t&an those who do not study at present. But only a miracle conditions at all. Some light is can precent a smash someday. - better than total darkness. What business will do over the next six months depends on whether the Korean situation will go on about as it is now or j whether it will develop into BENSON GEORGES. tr World War m. If World War in PraldeitMitdlMt Mlft should eventuate before the close f the next six months, then military preparedness would be Our Hidden Eenemy Inflation accentuated and make inroads on peacetime goods. So far our Some readers may have won defense plans have not interfered dered from time to time why this column has so persistently warned of the danger of a pro longed practice of deficit financon borrowed ing (operating AHD RATHER money) by our Federal government. The reason is that run STAY IN THE away inflation is disasterous, and tBW HOUSE THAM if there is a single economic law TUB WHITSHOUSE on which virtually all economists can agree it Is the one that says deficit spending ingovernment THBfEWHOUSF evitably brings on and feeds in flation. In Asia, in the Orient, and In Europe I have had personal contact with the havoc wrought by inflation. For a number of years I've carried a $10,000 currency bill in my wallet. In 1936, when we left Hong Kong to return to America, this Chinese money LAKES would have bought a very nice home anywhere in the Orient WNESTr the $10,000 bill would be Today HOTEU just enough to pay for one slice of bread, iarf AIIE1D it POSITIONS GUARANTEED to graduates of the West's leading School of Intcr-Mountai- n Beauty Culture Important message to all who enroll on or before October 1st: We will guarantee good paying positions to the first 25 qualified graduates in this new class. We Must Have Sew Students At Once j We cannot supply the insistent demand for our graduates beauticians Requests for come faster than we can supply them. Now is the time to train yourelf in a profitable profession, so don't delay! For Full Details, Write or Phone Main at 2nd South Phone 53 Salt Lake City WART, THE -7 wvr i (- mi, "- h fof Tnr) iooo SMvcrs - ' 11. HEADING LIGHT COVE FROM OVER. LEFT SHOULDER.? IS THE HEALTH wyfrqviy'PW QaicAT10l1 It isn't one nerve but several, each of which starts from the spinal cord, joins its fellows from other vertebrae and proceeds down the back of the leg. Sometimes an operation is necessary for cure of sciatica. Your doctor can determine the cause and then recommend treatment. Answer to Question No. 2: 2. A baby born this year can expect to live to be 67 and his expectancy will continue to rise as he grows older. Thus a man 1. of 40 today may expect to live 30 years more and a man of 65 may expect to reach 77. A child born in 1900 could expect to live today only 49 years. Americans can look forward to increasing their life span because of improved medical care. Answer to Question No. 3: 3. Right or left, it makes no difference in reading, despite the d perold saying. sons can avoid annoying shadows in writing, however, by having the light come from the Right-hande- left. increase. It's Destructive Inflation can be as destructive as defeat in war. Lenin, the father of international Communism, said: "We must torce the United States to spend itself into destruction." In opening the nationwide Crusade for Freedom with a radio address early this Eisenhower General month, pondered the possibility that present Russian strategy may be calculated to force us into ruinous financial practices. Earl Browder, the Communist says in his new book that Socialism is inevitable in the United States. He gives as the foremost reason "Government deficit financing." In its full, runaway stage, inflation creates panic and sometimes anarchy results; but in its first, insidious stages it is not likely to generate alarm among the people. That's another reason this column has frequently pointed out the danger. Conditions which led to the French revolution were set into motion by the Finance Ministry's heavy deficit financing and resultant runaway inflation. Hitler's National Socialism took root in a post war Germany prostrated by currency inflation. Loss: 50 Per Cent The higher our national debt goes, due to government borrowing and deficit spending, the less value our dollars will have. The debt has been increased during 18 of the past 20 years. Today it amounts to $258 billion. The dollars in my billfold haven't shunk in value like the $10,000 Chinese currency has, but just since 1940 they have lost nearly 50 per cent of their purchasing power. And the future income of our 150,000,000 citizens, young and old, is already mortgaged to the extent of $1,800 each by the national debt. Besides being a danger to our national security, inflation is a hidden parasite feeding on the bank account the savings the insurance policy, the annunity, the oves ocvrcosr rwr. much "' j ; i Pur 7 WP v wW w . . S ooze . ,T OA People working to change our American way of life to Socialism or any, other form of regi- menting government gain headway by encouraging deficit spending, inflation, constantly mounting national debt. Thomas Jefferson viewed public debt as " the greatest danger to be feared." He said, "We must make our choice between economy and liberty or profusion and servitude." Elder Statesman Bernard Baruch recently spotlighted the danger. "What could make people more dependent on government." he asked a Senate committee,' "than inflation?" Lee Sanctions Marine Platoon From Utah J. Bracken Lee, today granted authority for the use of his name in conjunction with the enlistment of a pl&toon of Marines from Utah. This platoon will be known as "Governor Lee's Utah Marine Platoon". The Governor has appointed Master Sergeant Robert Kemp, of the Salt Lake District Headquarters Recruiting station, at Fort Douglas, as the officer in charge of his platoon. During ceremonies at the Capitol today, Governor Lee present ed Sargeant Kemp with a silk State Flag to be carried by the platoon during their eight weeks Governor R. No. 5 -- to Yfi3 Section 10. The Governor of all the members elected to each house concurring ahall nominate, and by and with consent of the senate, appoint therein : Section 1. It if proposed to all State and district officer? amended Article X. Sec. 8, of whose offices are established by the Constitution of the State this Constitution, or which may be created by law, and whose of Utah to read: Sec. 8. The general control appointment or election is not for. If, durand supervision of the public otherwise provided school system shall be vested ing the recess of the Senate, a in a State Board of Education vacancy occur in any State or the Governor the members of which shall be district office, some shall qualified appoint "elected as provided by law. The Board shall appoint the person to discharge the duties State Superintendent of Public thereof until th next meeting Instruction wbo shall be the of the Senate, when he shall executive officer of the Board. nominate some pesson to fill such office. If the offioe of Section 2. The Secretary of of State. State AudiState is directed to submit this Secretary Treasurer or State tor, proposed amendment to the elec- eneral be vacated by death, tors of the State at the next or otherwise, it shall resignation manner election irr the general be the duty of the Governor to provided for in Article fill appointment, Section 1 of the Constitution and the same by shall hold his the appointee of the State of Utah. shall successor his until office H J. R. No. 6 be elected and qualified, as may o be by law provided. CONSTITUTIONAL Section 20. The Governor, AMENDMENT Secretary of State, Auditor. and Treasurer, Attorney-Genera- l (Passed March 8, 1949.) such other State and district A JOINT RESOLUTION PROPOS- officers as may be provided for ING AMENDMENTS TO AR- by law, shall receive for their TICLE VII. SECTION 1, 10, AND services monthly, a compensation 20 OF THE CONSTITUTION OF as fixed by,law. THE STATE OF UTAH, RELATThe compensation for said ING TO THE STATE EXECUTIVE DEPARTMENT, TERMS, officers as provided in all laws RESIDENCE, AND DUTIES OF enacted pursuant to this Consti- OFFICERS; THE GOVERNOR'S tution. shall be in full for all APPOINTIVE POWER IN FILL-- services rendered by said offi- ING OF VACANCIES IN CER- - cers, respectively, in any official capacity or employment during SALNo.oFFS; "l their respective terms of office. nwSVrpDo f" No guch officer hal. receive oe u resoivea oy tne uegis- - lor me penormance 01 any lature of the State of Utah, two- - official duty any fee for his thirds of all members elected to own use, but all fees fixed by each house concurring therein: law for the performance by - Section 1. It is proposed to either of them of any official amend Article VII. Sec. 1. 10. duty, shall be collected in advance ana to of the Constitution of and deposited with the State the State of Utah to read: Treasurer monthly to the credit Section 1. The h. of the State. The Legislature Department shall consist of Gov- may provide for the payment of ernor, Secretary of State, State actual and necessary expenses Auditor, State Treasurer, and of said officers while traveling two-third- s Attorney-G- No. 2 .iN?.TSg wxx.w. i,, be paujua wui v , J (V 1 1 mn 1 h r nt am-me- y t 1 AMENDMENT (Passed February 28 IO JOINT RESOLUTIONiqiom POSING TO AMEND SEH 9, ARTICLE VI OP THE f STITUTION OF UTAH RFi ING TO COMPENSATION 1 A 1 MEMBERS OF THE LEGM TURE, NOT EXCEEDING A YEAR FOR THE LEGM TIVE TERM AND $5.00 EXPENSES WHILE ACTUAL , IN SESSION. Be it resolved ; the lature of the State of Utah.'n thirds of all members eW, to each of the two houses ing in favor thereof: Section 1. It is proiwscd amend Article VI, Section 9j the Constitution of the State Utah to read: f Section 9. The members of Legislature shall receive sj not exceedn compensation, S500 00 a year for the legislate term and $5.00 a day expens while actually in session, a mileage as provided by law. j Section 2. The Secretary State is directed to submit tl proposed amendment to the ei tors of the State of Utah at t next general election in j manner as provided for Article XXIII. Section 1, C stitution of the State of UU Section 3. If adopted by J electors of the state, this amer ment shall take effect the U, i day of Januaiiy, 1951. I. HEBER BENNION, S Secretary of State of the St of Utah. DO HEREBY CI . VI FY that the foregoing u , full, true and correct copy the three constitutional proposed by the regu session of the Twenty-eir- f Legislature, 1949. as appears f record in my office. IN WITNESS WHEREOF have hereunto set my hand t by k ame-ment- s affixed the Great Seal of State of Utah, at Salt Lake G this 1st day of September.lS HEBER BENNION, 3 (SEAL) Secretary of State By I Deputy I .Aw n Emm i mill y TRUCKS ' ' rf One good look will prove to ye" that Chevrolet trucks beat anything in sight! Chevrolet's the line of DY" every line of business . them Look Proved right on the job. know over, talk it over, and you'll what a whale of a buy you've got in a Chevrolet truck! Rugged de- - 1 TWO GREAT ENGINES CARBURETOR NEW POWER-JE- T DIAPHRAGM SPRING SYNCHRO-MESCLUTCH TRANSMISSIONS HYPOID VALVE-IN-HEA- D H WHEELS IIUNSAKER IMPLEMENT CO. Section 3. If electors of the State, thia shall take effect the of January, 1951 S. J. R. No. 3. ?rf) sen? Dial 222) ' LJ Featuring: LJ 4 -- Hi I X.' rrffrO FERGUSON Line Complclc - FIELD SERVICE Th 4 State is dirprt ..L vfcwv ) oUOIhIl . .. f nmonHmn. nronospd ' viiuuicin in rhg j.1 4' tors of the State at the n general election in the rnanr provided for in Article XXI r section 1 of the Constitution the State of Utah. 4J -- GY- - OASS ' perf SfeS.0" Section xecutive r DOH'T 19 -- De it resolved by the Legislature of the State of Utah, law. REAR AXLES FARTS - REPAIR The tentative departure . nf- thus 17th. 1 VA T 7V.r.J. H.J. Atfnrnpv General, ' each of whom aViall hnlri hia nffire for four -" years, beginning on the first Monday of January next after his election, except that the terms of office of those elected at the first election shall begin when the State shall be admitted into the Union, and shall end 0Q the first Monda, ja January A. D., 1901. The officers of the Executive Department, during their term of office shall reside at the seat of government, where they shall keep the public records, books and papers. They shall perform the duties as are prescribed by this Constitution and as may be prescribed by A, pension. It hits everybody's eam- ings, everybody's savings, every-- j body's future plans. For instance, about $5 billion worth of Defense Bonds were bought by citizens in 1940 and this year they are The bond bought for $75 in 1950 and redeemable for $100 is now worth actually only $63, in 1940 dollars. Inflation has robbed the purchaser of $25 in-- ! terest and has eaten up $12 of the principal he invested 10 years ago. "The Greatest Danger" The 80 million Americans who own insurance policies are being highjacked by inflation every year the government spends more than it receives. More than $50 billion in savings bonds are owned by citizens and every day FOR rfw " No.l (Passed March 8. 1949.) A JOINT RESOLUTION PROPOSING AN AMENTMENT TO ARTICLE X, SECTION 8, OF THE CONSTITUTION OF THE STATE CF UTAH, RELATING TO THE CONTROL AND SUPER- VISION OF THE PUBLIC SCHOOL SYSTEM, BY THE STATE BOARD OF EDUCATION AND THE APPOINTMENT BY THE STATE BOARD OF EDUCATION OF THE STATE SUOF PUBLIC PERINTENDENT INSTRUCTION. BY BURNICE I1UNSAKEB J - 3. Answer to Question No. 1: SIT.r.D COP you tact Sergeant Kemp, at the eral Building in Salt Lake fr or at Fort Douglas. 2. CONSTITUTIONAL AMENDMENT -- SHOULO inflation continues their value Is sapped. The average industrial wage was $23.86 in 1939. By May of this year it was $57.50, or an increase of $33.64. But inflation already had taken $23.40 worth of purchasing power from this Bdwty School Ex-CeI--Cis 7 SCIATIC NERVE Hows Business ? non-predicta- GABY LIVE v Editor-Publishe- run-of-mi- a and expressed his desire to en list the same caliber of men in the Governor's platoon. Young men of Utah who are interested in joining the Governor's platoon, are urged to con- - CONSTITUTIONAL AMENDMENTS Entered at the post office at Trcmonton, Utah as Second Class matter October 15, 1925 under act of March 3, 1879. r A. N. RYTTING, BUSINESS FORECASTING By: Roger W. Babson Business Forecasting is always hazardous occupation and especially so in the past decade because of the influences of , of basic training at San piego, California. Sergeant Kemp commented on the high standards of the men who composed the two "Mormon Platoons" during World War IL VALLEY RIVER BEAR THE SERVING a L li . j DOUBLE-ARTICULAT- BALL TYPE BRAKES STEERINGUNIT-DESIG- N WIDE-BAS- E BODIES I.LII-..- . 1 fir-- L nrfnrmanCSi p ' peiiuuuuiiy, ou get economy-youtstanding these things in Chevrolet. Figure it oil out end you'll come to just one conclusion! Chevrolet's your buy! jop-iMy- i" i FrOnK Chevrolet Co. Dial 2311 Treiuor.ton I |
