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Show Page 4 The UTAH INDEPENDENT Federal Reserve Criticized by. Congressman Continued from Page 1 every indication that the Federal Reserve System is continuing to spend money in a way that would land any othe official in Government in jail if he were responsible for similar expenditures. The latest preliminary review shows, for example, that one Federal Reserve bank spent more than $10,000 last year in dues to various organizations. Although the Federal Reserve System has finally agreed with me that membership in the American Bankers Association and related State banking associations is clearly a conflict of interst, this bank spent more than $7,000 of the taxpayers money last year for membership in such banking groups as Robert Morris Associates, Bank Administration Institute, and the American Institute of Banking. In one instance, a Federal Reserve bank paid out $13,629.78 in moving expenses to relocate its new President. Mr. Speaker, when the Banking and Currency Committee staff in 1969 reviewed the expenditures of the Federal Reserve System, an investigator from the General Accounting Office worked along with the staff. After studying carefully a total of nearly a The Paper That Dares to Take a Stand September 8, 1972 about $588,200 was expended by the Federal Reserve banks for Ouzounian Blasts Rising Taxes, Big Government purposes which were either questionable or not considered allowable under Government regulations. Not included in that Early in the administration Mrs. Toni Ouzounian of figure was an additional Bountiful of Governor Rampton the is a conservative taxpayers of Republican facing a primary $132,000 for which there was no explanation given by the Federal Reserve bank for the expenditures, thus making it impossible to determine whether or not these were legitimate She recently released the tax-payi- following statement giving her views on taxes: BECKER Beckers Republican opponent Commissioner William Dunn. Mr. Dunn just a few months ago decided not to serve out his term will promote the Republican ideal of lawful and limited government, state responsibility and autonomy, less bureaucracy, and more patriotism. says Becker. .years, I believe in constitutional government. It was designed to limit government power and leave vital rights in the. hands of the people. Our state and U.S. constitutions are under constant assault and if elected I mean to keej) a leary eye on this process. If you demand constitutional In 1969 House Bill 96 was passed allowing for substantial salary increases for state government, officials. The incumbent support. representative from our district voted Yes on this bill. As a result of Bill 96 many of our public servants are living beyond our means. Ho wonder we must tighten our belts! says Becker. I ask your The Russian bear is always most dangerous when its arms are outstretched in a gesture of Richard seeming friendship. Nixon, 1963 The delegates of the Republican state convention . made Becker their leading in the race. Dunns habit of abandoning office at vote-gett- mid-ter- m CHOCOLATES the ultimate in fine... er BEAUTIFUL WEDDING CANDIES CREATED ESPECIALLY FOR YOU. FABULOUS BUTTER ROASTED NUTS. PARTY CANDIES has been the leading issue in the primary election between Becker and Dunn. SEND FOR ILLUSTRATED BROCHURE ictckirtctcklrk X -- 487r1031 rrurr X- ? candidate. time. for the county commission. Now that he is commissioner, he is attempting to abandon that office also to run for secretary of state. He is once more leaving behind him unfinished business and promises, and an office to which he is honorably bound to serve for two more He served in the U.S. Army in Europe and attained American citizenship. Becker is married , has two children, and is a high priest in the LDS Church, to which he is a convert. Mrs. Toni Ouzounian is a legislative one-thir- as Murray City mayor and ran 1956. I Salt Lake County. is Republican contender for Utah secretary of state, is presently Director of Development for the educational television station at Brigham Young University. At BYU he is also doing graduate work in political science. Born in Berlin, Germany, before the beginning of World War II, Fred Becker escaped from Communist East Germany and came to the United States in ng stay solvent he must live within bis budget, and government should be no exception. During the last eight years, state government expenditures have risen an average of 12 percent per year. During that same period ' the government executive staff alone has spiraled from 13 employees to 94! The number of other state employees d increased during this Fred Becker vs. Bill Dunn leading . Any working , citizen knows that in order to Secretary of State Fred Becker, the. Utah were cautioned that if they wanted to check inflation and rising taxes theyd better tighten their belts. election Sept. 12. She is running for the state legislature in house district 57. expenses. Home Storage Foods Costs Too-High??- Bountiful million dollars of expenses, - X- X- - C Kay Cummings 9A.M. TO 6:30 fine candies CLOSED SUNDAY P.M. DAI L Y 1959 So. 1 100 E. X- Try the Best Deseret Supply P.O. 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