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Show Thursday. March THE LEADER. 17. 1955 TODAY'S Tremonlon. Utah ECONOMIC SYSTEMS OWNERSHIP OF THE TOOLS OF PRODUCTION root r SLAVING THfjtAP 1 VALUT RATES SUBSCRIPTION The State should own at least basic industries (in per year. Entered at the post office at Tremonton, Utah as Second Class matter October 15, 1925 under act of March 3, 1879. advance) $3.00 A. N. CO. fojjj. SMITH Published by the LEADER PUBLISHING COMPANY, Inc. LSn such as power, coal, steel, etc. The State should own all the tools Individual ownership of production. RYTTINO of property under "Private ownership which is solely a privilege granted by the State. constitutional guarantees of certain inalienable human rights. ft1 Editor-Publish- er TAX FAX "TODAY'S ECONOMIC SYSTEMS" ness enterprises and the bigger ones. Working Together The guest speaker at the small business seminar dinner was a representative of "big business," Robert W. Murphy, vice president and general coun sel of the Corpora tion, Chicago. "It is a startling, if obvious, economic fact," he said, "that the president of the largest automotive giant could not all by himself make and automo bile. He could not all by himself even make a door handle or a piston ring on an automobile if you mean by 'all by himself that he could go to the north-landdig out the ore, smelt the iron, refine it, roll it into billets, transport it, put it into die' castings, or ultimately machine it into some simple automotive dinner guests Monday of their Salt Lake City Sunday to join and son, Thayne and their daughter in celebrating daughter Communism . . . Socialism-- . . . Fascism . . . Capitalism. Lorna Shuman Stokes and fam- her birthday. AXXEilD These are the major economic systems demanding attention in ily. world today. These are the economic systems intricately inthe krOtCMfgcll Sunday Mr. and Mrs. Thayne volved in national and international developments as the world Stokes and MKKM MtflOMM family visited in VACATION IN M0OMM IMCAnON and Brigham with Lorna's grand- LAS VEGAS feels its way through the valley of the shadow of conflicting ideologies. mother, Mrs. Sarah Shuman. Mr. and Mrs. Jack Shumway As citizens concerned with the future of the United States Holt of Perry visited returned Sunday from a very Clyde of we must aware the mankind be the and and all workings A farmer is allowed to take Friday evening with his parents, pleasant week spent in Las of his purposes of these four major economic systems. But, how many of Mr. and Mrs. Mervin Holt. a deduction up to 25 Vegas, Nevada. While there us can give clear, concise analyses of each of these systems gross income from farming for MilMr. Mrs. L. and George they saw Mr. and Mrs. Ford what they represent, their basic concepts, and what each intends sums spent for soil and wateT were of Willard Scalley, who were enroute to ler at the home ' ' to achieve. conservation in 1954. U. S. To help understand these systems, we must have a clearer, and Lucille Miller Johnson in California. If he has expended over 25 more complete picture of Communism, of Socialism, Fascism and of his gross income from farmnation-wid- e conserreportA water survey and soil Capitalism. We should know more, about the views and purposes ing .ifpr of the "other" systems . . . and, no doubt, we could stand a rethe Look recently deduct ed in can magazine vation,, then he view of the concepts and purposes of our own economy. that American adults, in a proexcess in later years. s We start today a series of nine entitled "Today's In general, a taxpayer engag- portion of 10 to 1, believe that Economic Systems." It is our hope that it will enable you to see ed in the business of farming big business corporations are more clearly the beliefs and purposes behind each plan. may make expenditures during good for the nation and the And, we would repeat the words from the authors' preface to the taxable year for the purpose people's welfare. the series: of soil or water conservation, This is encouraging, especial"Fundamental purposes in the workings of the various systems or for the preventation of eros- ly at a time when Socialist and are found in the value each places upon the worth and dignity of ion of land used in farming. The Communist propagandists, and the human being." expenditures shall be allowed even some politicians in the two part. In America, the emphasis is on the individual his freedom, as a deduction. are is no one man "There attacking big major parties, followhis to the is This happiness, and his subject enough or smart enough that he "big business" openly and could all alone create. the simpling limitation. The amount deductible shall not exceed 25 Vern Roche are visiting with The propagandists are really est element that goes into one CAPACITY! of the gross income derived working to undermine our peo- of our massproduced vehicles. their grandparents, Mr. and Mrs. Peterson Mrs. Leonard from farming during the taxLawrence Petersen while their It takes thousands of workers ple's faith in the whole Amerable year. If ican system parents are vacationing in Texand merely using working as a. team, and thoufor any' taxable big business as their point of sands of stockholders to furnish Thursday, Mr. and Mrs. BIRTHDAYS HONORED as. Lawrence Petersen made a trip year the total of attack. The politicans who join the capital facilities. And it The Ed Silvester home was to Ogden and Friday, accompanthe expenditur in this are practicing demagog-uery- . takes thousands of independent scene of a gay gathering ied by Mr. andf Mrs. Preston es exceeds 25 the concerns who provide the parts when Mr. and Mrs. Ted Petersen they visited in Logan. percent of the Sunday business 100 small for those vehicles. A group of income Hess and Mr. and Mrs. Morris gross owners attended the Harding Thousands of Suppliers Mrs. LeRoy Ellis of Tooele from farming, College Small Business ManageHess of Plymouth; Mr. and Mrs. "When car a MoUllB-11manufacturer the weekend at the home spent excess ment Seminar last week to disand of Garland g such for a new model, it must Doyle Bragg tools EASY TERMS of Mrs. her daughter, Ray shall be deduct cuss ways and means of improvMrs. Evan (Sarah) Moon and orders with place 5,000 Mrs. purchase Shaw has had her ible for sue ing their business management to children of Farmington met to Shaw. 6,000 separate suppliers . at her Ed on his birthday an- sister, Mary Anderson honor ceeding taxable and their service to their look at the sales figWhen you an home after recuperating , 4 dinner years in order ures of the biggest automotive niversary. The birthday CENERAl operation. Ed's of time; but the Mr. Wikel was served by wife, Delia EUCTIIC "big manufacturer (General Motors They respect Mr. and Mrs. J. Brooks amount deductible for any one business." Silvester. that $2 billion annually) and recognize sales, They Mrs. Leo and Stokes were Phone Tremonton Mr. and Mrs. Jesse F. Petersucceeding taxable year (in there is a mutually beneficial see that of each sales sen entertained Jack and Donna eluding the expenditures act- relationship between their busi dollar goes to those suppliers ually paid or incurred during who supply parts, materials and P. Fronk and son at a birthday the taxable year) shall not exdinner Sunday in honor of ceed 25 percent of the gross incurred which is otherwise services, you realize how de Donna's anniversary. pendent even this biggest of the income from farming during allowable as a deduction. Another birthday was cele automotive mammoths is on its that year. brated this week, at the home This does include any amount, thousands of suppliers. This covers only expenditures not otherwise allowable as a of Mr. and Mrs. Margan Miller. And yet that company makes Mr. Miller. His paid or incurred for the treat- deduction, paid or incurred to more of its parts than any of It was honoring ment or moving of earth, in satisfy any and their brother's wives, Mr. an assess of part the big three automobile com eluding (but not limited to) ment levied by a soil or water and Mrs. C. E. Miller, Mr. and leveling, grading and terracing, conservation or drainage dis- panies." L. Miller and Mr. His own company, Mr. Mur- Mrs. George contour furrowing the construc- trict to defray visited him Miller Wilford J. expenditures is one of the biggest tion, control and protection made by such district which phy noted, took cake and evening 100 manufacturers in America. Friday of diversion channels, drainage if paid or incurred by the tax "As a matter of fact." he said and ice cream for the occasion. ditches, earthen dams, water- payer, would be deductible as were "it is essentially a collection of Three of his daughters Neil courses, outlets, and ponds, the above. weekend. home the during small industries. of brush and the eradication and Gloria M. Fausett spent the The term "land used in is Each as run an independM. planting of windbreaks. means land used (before autonomous operating "unit. weekend, Gene and Marjorie home were It does not cover the pur- or simultaneously with the ex ent, children and Some are small with Long and Ed and Fay M. chase, construction, installation penditures described above) by 20 to 25 very employees. Others are Saturday or improvement of structures, the taxpayer or his tenant for children came SunPreice and to 5,000 or 6,000 larger up or facilities which the production of crops, fruits, appliances, day. Mr. Miller was honored are of a character which is sub- or other agricultural products employees. But they operate at a dinner both days. independently, as do small inReceives Hospital Care ject to the allowance for depre- or for the sustenance of dustries. ciation or any amount paid or Little Troy Silvester, son of "Our Customer" Mr. and Mrs. Ed Silvester, spent "Although we have a large a day and night in the hospital line of household appliances and an attack of asthma. other consumer items, we are suffering is He much better not . ) Man essentially a supplier of parts. children of Mr. and Mrs. The Big business is our customer the big automotive, the big airon K) you craft, the big farm equipment CHICKS ARE companies. And like every small, middle-sizeor even large supplier, we are most thankful we have these big customers." Mr. Murphy pointed out the significant fact that in the last If yours is an average home in this area, you are using almost ten years the number of small as much electricity every day as you did ten years ago. twice firms doing business in the U. S. has increased at about the same With so many new electrical conveniences such as clothes percentage rate as the number dryers, dishwashers, garbage disposers, and ironers you'll probof large companies. ably use much more low cost electricity in the next five years. The most significant finding Check now to be sure your wiring is prepared for the increased in the Opinion Research Corpoload. Inadequate wiring is not only inconvenient, but wastes time ration was the fact that alBy buying and taking delivery during March or April, 10 of every 11 American though and money. For example, with only a 10 per cent reduction in voltyou can get a 10 discount on these Standard germiadults feel that big business is cides and disinfectants. age, a broiler takes 34 per cent more time to heat . . . and a fed for good for the nation, they still bulb provides less light than a one with normal voltage Standard solution approvare uninformed on important for ed by U. S. D. A. for official disinfection of livestock Accidents and fires often result from overloaded wires, too. business facts. premises. For instance, the average for now Order them Standard Dip & Disinfectant an dip for guess on what corporations earn more CHECK NOW: profit from eggs farm animals and poultry. in net profits was 14.1 percent; when egg fall next 1. Sizes of your wires are they large enough? Standard Poultry House Spray rids poultry houses when, actually, in 1953 the aveof chicken mites, ticks, fleas; kills spiders and scorpions. prices are highest. rage of net profits on sales for 2. Arc there enough circuits? Order the ones you need npw . . . take delivery before all corporations was 3.3 per 3. Plenty of outlets in each room? the end of April and save cent; and for the last 25 years 4. Sufficient light switches properly placed? the average was 3.0 percent. LOOKING Conservation on Farms Yields Tax Reductions Borg-Warn- Big Business is Voted 'Good' Citizens Bv er picto-strip- s, . well-bein- g. PENROSE .A. 299.95 REFRIGERATOR . . J L P?Pglli fit Shu-ma- n one-ha- The Standard can save germ killers RUSS ELECTRIC lf y )UR d '(standard) mlW mmi! bred to lay vigor Super-Germiteeresy- lic handled 100-wa- tt 75-wa- tt health d 10. for Information on any Standard FARRELL PHONE 2251 Hear River Farm Oil Company of California product, coll J. BESS TREMONTON YOUR DOLLARS WILL IIAVF MORE CENTS MARCH 25-2- 6 TREMONTON DOLLAR DAYS Supply Phone 3 D D D a i Garland, Utah B D i a ii m a a Be Modern LIVE ELECTRICALLY Utah Power & Light Co. |