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Show Page THE LEADER. 8 Ward M.I.A. at a recent of the ward group. His counselors are James Estep and Ivan Archibald, and Don Steed Estep was sustained as R. Lamb was retained as superintendent of the Plymouth M. 26 Utah Cities Adopt Uniform Accounting Thursday. January Tremonlon, Utah I. A. Is Reorganized Set-u- p 15. 1953 of the ward Hewing the ladies Eathel Estep be will organization as president, Bell Pierson and Aseneth Archibald as counselors and Mary Jean Hess will continue as secretary. At least 26 Utah cities of the third class and towns have their ican Fork, Richfield, Redmond, on a uniform public accounts Heber, Duchesne, Price, Sunny-sidsystem at the beginning of 1953, Wellington, Huntington, it is announced by Patrick Green River, Moab and La Healy Jr., chairman of the Verkin. Utah State tax commission. The new system is one devised by a committee selected by the Utah association of certified public accountants and the Utah Municipal Leagues and is designed that it may be readily adapted to conditions in all Utah cities and towns. Six of the 26 municipalities paid for the installation of the new system from their own available public funds. In the other cases the state had paid for the installation of the new system, with the exception of the cost of any additional supa cost which plies needed does not in any case exceed $15 it has been found. The services supplied by the state without cost to the municipality are performed by Boyd DEFENSE HEAD . . . 0. E. G. Salin, uniform municipal acWilton, 62, president of General counting consultant for the tax the choice of Motors, commission. Preiident-EloElsenhower for The state service is made posthe important pert of secretary sible by an appropriation, grantef defense. ed by the last legislature to the tax commission of $20,000 for "establishing uniform acounting systems for local governmental units". Of that appropriation about $16,000 remains. Any balance unexpended by June 30 Mr. and Mrs. Darrel Andernext will, barring further legis- son of Brigham city, who have lative action, lapse to the state won wide recognition for the talent numbers given in the general fund. The Utah constitution gives local, state, and national Farm the legislature power to author- Bureau conventions will be feat ize or require the tax commis- ured on Jelsesnick's program sion to "establish systems of on KDYL Television Channel 4, 7 public accounting". The com next Tuesday evening at p.m. mission, ever since it was established in 1931 had the power LADIES FARM B (TREAT and duty to establish such sys- ANNOUNCES MEETING tems in all taxing units of the The ladies of the Tremonton state and to provide uniform Farm Bureau will meet for their classification of accounts, "which next gathering at the home of shall be followed in the financial Mrs. Francsi Gunnell Thursday, records of all taxing units, and January 22nd at 2:30. A good it may recommend accounting attendance is desired. methods and forms for public accounts in the interest of uni- ATTEND CONTRACTORS formity, efficienty and econo- CONVENTION In attendance at the Utah my". It was not, however, until 1951 State Contractor's convention that the legislature appropriated last week at Hotel Utah were money to be devoted specifically the Kenneth Germers, Jed Abto such work. The action was botts and D. R. Waldrons. taken in response to urgent re4-- H quest from the Utah municipal league. A survey of the situation made at that time indicated that the greatest need for revision of governmental accountclub Box Elder county ing systems existed among cities of the third class and towns. boys will represent the State of Some counties, also, are express- Utah in livestock judging at the Livestock Western National ing a desire for prompt action. At present the state aid has Show at Denver, Colorado on been made available only to Saturday of this week. These boys won first place in those, municipalities which reat the Utah livestock quested such help. When that State Fairjudging which in request is made, the first step is entitles them September to represent the to examine the prevailing sysat the National Western. tem, and then recommendations State also are prepared for the minimum While at Denver they willWestNational in take the part of changes which will bring the and club Round-Uern system into conformity with the for boys and girls uniform system prepared by the Congress accountants' association. These from western states. leave for The following boys recommendations including a Denver this week: Harvey Facer, tentative schedule of accounts, Reese Quayle, Perry; are submitted to the local gov- Willard; Don Coombs, Honeyville; and erning bodies, and if they are Lamont Larsen, Corinne. Vernapproved, the proposed system al Willie, assistant agricultural is installed, and the local offiagent will accompany the boys cials are trained in its use. A to Denver. simplified manual for the use of the local officials is in course of preparation. "By means of the uniform accounting program", said Chairman Healy, "we aim to make it possible for city officials to provide for themselves and their public comprehensive financial LAST data which will enable them to have a better understanding of their city's financial problems, and will assist them in the proper and orderly management of the city's financial affairs. In telligent budeting becomes possible and ethe facts concerning the financial condition of the respective cities can be presented to the citizens in simple and understandable form". Uniform systems have already been installed, or will be shortly, in Richmond, Lewiston, North Ogden, Wendover, Bountiful, West Bountiful, Farmington, Layton, Woods Cross, Sandy, South Salt Lake, West Jordan, i Unas?' " Genola, Pleasant Grove, Amer e, 3t I!1 m ot Talent Winners To Appear on TV Box Elder Boys Go To Denver 4-- 4-- H p mot ivtiGs mam After two years of successful operation of our drapery service, we sincerely thank the people of the Bear River Valley for their patronage. Dewey Drapery Service ORLEAN H. BARRUS, Mgr. We would be pleased to call and show you our beautiful new fabrics and make an estimate on your Job. FOR APPOINTMENT CALL 5728 r f J"WW 1 iWUiw iV iiTiiIni iii tff fT '- -, - llll HVl.iju - &'jr the world's first car! sa?Gty-?ir- sf The most beautiful thing about the world's is its most beautiful car the '53 Kaiser ROYAL BIDEK . . . Prince Bernhard of the Netherlands rides a beautiful white eolt as he Joins a group of Chalanese Peruvian cowboys during- a riding- exhibition staged In hli honor at Lima. The prince rides with all the glory ef a Chalan, with a fur blanket en bis saddle. He wears a white panama, alpaca poncho and a - white soarf knotted at throat. unmatched safety! Safety that's five to ten years ahead of other cars as you can easily prove by actual test! So come in and the Kaiser at your Kaiser-Fraze- r safety-tes- t dealer todayl Test its steering and balance! With your finger tips! See how easily it turn;! irol Feel the direct action of Kaiser's steering plus the lowest center of gravity of any American car! Full-C- Basbson Discusses The Stock Market Babson Park, Mass., Jan. 16 I freely admit that a great change is taking place in the government of this country. Not only did the country give Eisenhower a "landslide" victory last November; but Eisenhower is now giving "Big Business" a "landslide" stock market in return. (1) Are stoclis cheap today? (2) Will they SOME DAY sell 100 points below present quota- tions? Most brokers are honest, even when wearing rosy glasses. Get a "Yes" or "No' answer then use your judgment. , It is entirely possible thati the stock market will go high- er; but this possibility does not interest me. Based on all pre-- 1 vious history, I know stocks will some day sell 100, or perhaps 200. points lower. I'm savWHY STOCKS HAVE putting my GONE LP ings in the bank awaiting such a time. What money I have The appointment of so many made has been through Patience. successful businessmen to high Who was it said: "Patient Waitoffices has made them and their ers are Never Losers"? These friends very bullish. friends have passed along the word to other friends, who have bought stocks at an unprecedented rate. Naturally, stock prices have been going up and will continue to climb as long as this buying exists. Have these Republicans bought for investment or to sell again soon at a profit? Frankly, I do not know", but my guess is the latter. If so, whe these friends of the big shots begin to sell, who will be the buyers? A stock market can tumble from present prices as fast as it can climb. After Hoover's election in 1928 the Industrial Averages went up 100 points within 10 months, but then fell back over 100 points in only 1 month! WILL HISTORY REPEAT ITSELF? Test its Supersonic power! the accelerator and feel the lightning of its 7.3 to I compression Supersonic Engine. Your best friend in an emergency . . . and a money-savetoo, with official proof Touch pick-u- p of 24.9 miles a gallon with l C50 Test its World's Safest Front Seat! the padded instrument panel, with all instruments recessed. Note the windshield, designed to push outward on seyere corner impact. And the visibility! Slant-bac- Feel safety-mounte- k posts, plus the largest glass GCods hard-earne- d i Hydra-Matic- c area! Test and judge for yourself todayl your safest buy today $ FREE SHO W Married Couples Only Stocks rallied again during the first part of 1930, but in April began an almost steady decline until, in 1932, they had fallen a total of 300 points from the 1929 peak! This means that the Industrial Averages, which were selling above 350 after Hoover had been in office 6 monhts, sold at only 50 the fourth year of his term. This does not mean that such a decline can now happen again, primarily because very few stocks are held on margin today. Technically, the stock market is now in a sound 'position, but this is not the reason people are buying stocks today. The reason is that they believe that "Big Business" has at last taken back the control of our country. But if this is true (which I doubt) it is no reason to buy stocks for speculation. Hoover selected as his Secretary of the Treasury one of AmAndrew Mellon erica's richest and brainest men. "Big Business" controlled the Hoover Administration. The sad truth is that the present period of prosperity has not been built upon honest work and savings. It has been built on borrowed money, much of which has been spent on useless War. In 1914, when World War I started, our National Debt was less than 2 billion dollars. Today it is over 250 billion dollars. If the Republicans will continue the Truman finance, they probably can keep the balloon inflated a few years more. If, however, they start to operate in an honest way as did President Hoover and Andrew Mel lon - by reducing this debt, discharging government employees and urging economy, stocks wlil surely have a bad fall. SB mi arc mmrul . a. A L L irnuro uu n ai MIIIIMAII 4 IWI. DENNIS (KEEK Wftir ona -' MAKING MONEY IN THE STOCK MARKET Successful brokers are, by nature, bullish. They must try to get you to buy stocks. I, however, suggest you ask your broker these two simple Tuesday, January 20th MAIN THEATRE 7:00 - Garland, Utah p.m. - 9:30 p.m. SPONSORED BY Frozen Foods Co. Qualifreezer Salt Lake Utah City, |