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Show REVOLUTIONARIES WITH GUNS PAGE 5 federal bureaucrats plan to control your private property How the HERE ARE TIIE FACTS On September 17, 1973, President Nixon stated: Land-us- e control is perhaps the most environmental issue pressing before the nation. How we use our land is fundamental to all other environmental concerns. How many Americans are aware that on June 21, 1973, the U.S. Senate by a vote of 64 to 2 passed the Land Use Policy and Planning Assistance Act (S. 268) as a prelude to a national land-us- e policy, 1 dictated by the federal government? Under the broad terms of this legislation, the federal government 'will be able to assume authority over the disposition of land the country throughout imposing guidelines on States and local communities and overturning local zoning decisions. Commenting on the land-us- e The Indianapolis News bill. declared: The potential danger is obvious, since it is an axiom of economic life that he who controls the land can control the people who d''ell on it. " The bill defines areas of critical environmental concern and states that these are proper objects of federal dictation. Included are areas where development might substantially impair the historic, cultural, scientific or esthetic values or natural systems or process within fragile or historic lands. The aforementioned newspaper editorial termed that as a net so broad as to cover almost anything, and to give the federal planners control over whatever land they, wish. ERODING .THE POWER THE STATES S. 268 is an ingenious scheme to deny the States of their right to plan for land uses. This elaborate and complicated bill is drafted so that under the guise of 'assistance' the federal government will take from the States one of the last vestiges of State police power. "S. 268 tells the States they will receive federal dollars if they will but take advantage of" the opportunity to plan under the provisions of this hill. Such an invitation seems innocuous, but once that first federal dollar is accepted the Dr. Jekyll becomes Mr. Hyde and before the State knows it - it has become the slave oj Washington. D. C. BILL PROVIDES FOR TAKE, PRIVATE OF OVER PROPERTY OF The Senate bill authorizes the Warning of the dangers of a national land-us- e law. Sen. Carl T. Curtis stated: Secretary of the Interior, pursuant to guidelines established by the Executive Office of the to. ..coordinate President, planning and management of lands and planning and al management of adjacent lands. al lands Adjacent are, of course, privately owned property. Thus the bill specifically empowers the federal government to coordinate planning and management of adjacent private property. The bill defines adjacent al lands as lands which are in the immediate geographic proximity of and border federal lands. Note the use al instead of the words of the proper term of private property. Further, if the word and is later changed to or the federal government will be able to grab any private property in the immediate geographic proximity" of federal lands with a bureaucratic determination as to what is During the debate on the land-us- e bill. Sen. Paul J. Fannin stated: federal non-feder- non-feder- non-feder- al non-feder- non-feder- immediate geographic proximity. The federal government should have no right to dictate to the private property owner how the private property owner must utilize his private land. If we were to allow the federal government to dictate the use of adjacent non-feder- al lands, then certainly we would be allowing the federal government to usurp that private property for its own use." DESTRO YING THE RIGHT TO OWN PROPERTY An editorial in The News, Lynchburg, Va., of July 5, 1973, had this to say: "When individuals, within the confines of their communities, are denied the right to determine the use of their land, but must conform to a natural policy set mainly by others, they have lost the first and most precious of their freedoms. For, if government controls the use of land, the people have been Continued On Page 8 . 000011111110 Homespun By' Vern Hughes Jackson Hole, Wyoming ARENT YOU TIRED OF TIIE OTHER KIND? began a study of monetary WHY I BELIEVE THE PRICE economics in the late fifties, and as OF GOLD MUST SOON GO a result of these studies I began silver ABOVE $200 PER OUNCE AND buying patented gold and I concluded that mining properties. SILVER ABOVE $10. because the results of profligate spending and efforts to float fiat (In terms of todays dollar). money have always been the same, they would likely be again. Gradual erosion of the purchasing UTAH INDEPENDENT1-245- 9 power' of the monetary unit, Major Street up finally to official Salt Lake City, Utah 84115 speeding devaluation of that monetary unit Second Class Postage in terms of gold, the final Paid at denominator. Salt Laka City, Utah First, let me explain the parenthetical observation above, in terms of todays dollar. There arc two movements to keep in mind - the upward movement of the prices of both gold and silver because they have been supressed, and the downward movement of the dollar because it is fiat -unsupported by convertibility into rt td gold or silver, as the Constitution w p: requires. It is therefore conceivable es that the price of gold could reach a tA 05 - CO price of $2000 or $ 0,000 per ounce O M in the event of the dollar following H --3 CO the same pattern all other fiat M S3 1 C- 1 -- CU 1- - 3 Pi 3 M b! H H Or O : m OHM Ctf 14 Ut O H b:! cn (4 p M M cs (4 CJ 71 4 in history have eventually followed. I have a formula any layman can use in order to conclude just where the dollar is at any time in history. currencies The 1934 dollar is the last anchor dollar in that that is the last time it was fully devalued. Let us compare the 934 dollar with the 1973 dollar for real worth or comparative 1 value. Commodity, product or service 1934 price Loaf of bread (standard loaf) Quart of milk Men's work shoes (Penneys best) " Pound of hamburger 25c) (34--3 lbs. being that a factor of six is reasonably accurate in measuring the depreciation of the dollar since 1934 - the last anchor point. Approximately a . I6!4 cent dollar! If this is accurate, one needs do only a little pencil work to see that the 1934 price of gold $35.00 per ounce should be $210.00 today, if' because of the uncertainties of today, and. the not Deluxe Chevrolet sedan (full size) 820.00 more, price of silver should be well above $ 0.00 per ounce. A long time price for silver at .90 does complicate the silver calculation, until one recognizes that the price of silver has been subject to a greater effort on the part of the government, partly because they had more silver to flood the market with, and silver was more easily demonetized. 1 yard) Regular letter postage Hourly rate day laborer section) (RR Popular slick paper magazines Movie ticket Haircut (men) Gallon of regular gas I deliberately threw in the gallon of gas price anticipating criticism from some that 1 had stacked the list, and to prove another point -that gas is underpriced now. If petroleum products had not lagged so far behind other commodities in price, nuclear power would have come into its ow-- long ago. As it has been, fuel oil for power generators has kept the price of uranium down at unrealistic levels. If the Arabs had known a bit more about marketing and economics, and priced their product in line with others, we would not have grown so dependent upon their oil, and consequently we would not now have a very serious energy shortage. But thats another story, and I know it well. Back to our principal subject. If you deliberately slanted your own list to show either high or low from my calculation, and then invited another homespun economist to do the same in the other direction, and then averaged the two with my list above, youd likely still come very close to my conclusion - that How then to get a latch on silver? Historically silver has very often had a ratio with gold of 15 or 16 to one, and most students will agree this is meaningful. It may very well be the most meaningful factor we have to work with in calculating the future price of silver. I could make a very good case for the price of silver going above the 15 or 16 ratio, but some will argue the other way, so lets try 15V4 and with $210gold you get $16 silver. Maybe $10 or $12 is more realistic because of the silver price pattern for the past two or three decades, wherein it has sold below the 15 to one ratio with gold, but that still gives us a potential of gold more than doubling and silver more than tripling from todays Continued on page 9 |