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Show Thursday, August 21, 1911 THE VOICE OF SnAEOX n In addition to fawns the lull for a'l these and numerous of Government bonds; that la, demand deposits to the credit of the s of Government iu rease. W h n the Government drawB upon these deother deft me ltenw, the Government is fiuaiuiug t fill d to difense orders. posits to defray some of Us expenses, the purchasing power of the the new pU. ts Hence tbe purchase of bonds through general public is fm reused How Funds W ill lie R.iisid the creatiuu of new demand deposits has been accomplished without The Gtoeri'iiit ut van rarie this money either by taxation, or by a decrease lu anyone's spending, and purchasing power is increased borrowing, or by both methods. The Secretary of the Treaury has at a time wh-the volume of goods available is limited by defense recommended that we meet the large part of expenditures out of requirements. Under these circumstances, an inflationary rise in current revenue. Higher tax rates, applied to the larger national prices, with all its attendant disadvantages might result. The purincome arising in considerable part as & result of defense spending, chase of bonds out of current savings, on the other hand, would not will greatly increase the Government's revenues. This should make eipand demand deposits. It would serve to reduce potential purit possible to finance the major proporation of defense requirements chasing power, and thus to lessen a tendency toward higher prices. basis. on a cash or ' Ami-- i ii a is NOT NOTE to the call to buy Additional funds needed can be borrowed either from banks S H A R 0 II Government Bonds as they should if inflation is to be stop-jms- I. and other lending institutions, or from private individuals. The No greater desister could hapjien to America in peace a for substantial to the to people go directly Government has deiided t Mrs. Maxine Davis - Reporter) time than inflation. All values are lost. Everybody loses, part of tbe money it needs. Phone 02SIU The Graduation Program but the knowledge of what really happens may not be known of the Seagull girls of Sharon from Borrow to the younger generation. It was the beginning of GermSavings Why Club ward Primary will be held SunEdgemont Literary from in by borrowing directly large part Financing expenditures will hold its summer outing at day evening, August 24, at Sharany's trouble and pans! the way for the present world dethe people will result in certain definite advantages, which may be Lukeq Hotpots in Midway on on ward, chapel. A very fine probacle. We have printed an official statement on summed up as follows: luncheon gram has been prepared by the the question of Defense Savings Bonds, and why we should Swimming, Friday. 1. Every Individual will have a chance to do his part in the and games are being plansed. All Seagull girls. . them. buy The graduation diplomas are to Defense Program, to feel a sense of personal participation in our members will meet at the Cilles-pl- e home at 10:00 a. m. and will be presented by Zina Newell, We face an emergency. Marching acrtMsthe face of united effort. means for proceed in a group from there. president of the Primary, and 2. Every individual will have available a ready Europe move the mechanized armies of Nazi Germany. Mrs. Zina Selman, president of needs. meet future to saving systematic Miss Booth Poland, Czechoslovakia, Denmark, Norway, Holland, BelJosephine Y. W. M. I. A will give the of Defense Savings Bonds will 3. holdings daughter of the late Harvey of welcome Into the M I. A. gium, France, Yugoslavia, Greece, all have fallen. We are serve as a safeguard to the entire country In the period of adjust- - Booth and Mrs. Cordelia Booth not immune. Directly or indirectly, our way of life, even ment Which must eventually follow the reduction of defense acti- has been nominated as Edge-mon- A Special Practice Reduced our independence is threatened. We must be on guard. Our vities and the return to a normal peace-tim- e candidate for the Sharon economy. for the Seagull' girls of Sharon ward Primary is set for Thurstask is to make America mighty, to make ourselves 80 strong earnings and some unemployment must be anticipated during this stake festival queen. day, August 21, at 4 p. m. Mrs. change. Holdings of United States Defense Bonds, redeemable for Mr. and Mrs. David that we can not only defend our nation, but can defy Rowley of havcash on short notice, will act as reserves quickly available in time have returned from a pleasant Ida Cook is very desirous all Seagull girls come to this ing tatorship wherever and whenever it dares to challenge us. of need. trip through Yellowstone park. This need has come suddenly upon our peaceful country. It is rehearsal, to be held at the ward 4. By lending to the Government all that can he spared from house. we must turn from of that the normal current regrettable Camp preoccupations EJgemont needed funds not will urgently provide only incomes, people of Daughters of Utah Pioneers living to the stress and strain of aimament. We must, almost liter- for Defense expenditures, but will also minimize a tendency to met Thursday afternoon at the This is unavoidable. We ally, beat our ploughshares into swords. their buying in competition home of Mrs. Lillie Ferguson. shall meet the need with the calm effectiveness characteristic of the raising prices by curtailing Defense Program. Mrs. Sarah M. Marlotti assisted. American people. The election of officers took place Our undertaking is so vast that no single life can remain un- - Curtail Unnecessary Buying POULTRYMEN! with County Captain Edith Potouched by it. There is no section of our land into which it does i As industrial production expands, the employment of employ-no- t Mrs. Zana Nell-so- n well in charge. We 100 percent. reach. It needs the active support of every man, woman, and able workers and of plant capacity will approach Why do you have so was as captain with child. Human imagination can hardly picture the outllues of this shall be producing all the goods and services of which we are capable. Mrs. Susanna Meldrum and Mrs. many feed men after your Of this maximum possible production, a substantial amount must go Racheal Davis as her assistants; great project in its entirety. feed business. There must defense. Cotton, wool, and other Mrs. Elsie Campbell as secretary; be a nice profit in it. We must maintain and equip an Army of two million men and to the Government for national textiles must go into uniforms; there must be lumber and other .Mrs. Dora Cluff, registrar; Mrs. n Why not realize this probo ready, if necessary, to double this figure. We must build a materials for barracks, for homes for industrial workers Florence Glazier, chaplain; Mrs. fit yourselves by dealing Navy. We must build merchant ships, planes, tanks, motor- building cheer leader; and for plant construction; coal for fuel and power in defense in- Annie Gillespie, with your own organization. cycles, scout cars, contact cars, troop transport cars. We must proMrs. Lola Wiscombe, historian; chemicals for and guns steel and food for tlie Navy; Army Every dollar of profit duce more munitions, more guns, more textiles for uniforms. We dustries; so o i, right down the list of raw materials and Mrs. Margaret Pulsiphef, organand and made munitions, by the Utah Poultry must construct buildings for additional plant capacity, and at the i will be greatly expanded, ist; Mrs. Ossa Ferguson, chorisProducers is returned to tbe same time supply adequate housing for troops and civilian workers finished products. So, although production Mrs. Elizabeth Ferguson, ter, for current private consumption, that is, for producer. No other feed wherever needed. The towns and cities whch are springing up, there will be available scrap book and clippings chairthe can make this claim. to house by as consumption individuals opposed M. by man; Sarah Marriott!, librawhere men are being trained for military service, where workeis for, consumption be the otherwise less are scientifically than Feeds might Government for defense purposes, rian and relic chairman; Mrs. Elnewly constructed plants must dwell, have to be equipped with hour so there tested every mira and case' Boyce, parliamentarian, necessary facilities. There must be public-utilit- y services, stoi es, j work. no is guess Eva Mrs. class leader. for (he FULL amount of production, however, will be Gillespie, bakeries, plants, laundries, hospitals, schools, recreation made Payment 1.94 wages and salaries, or indirectly through divi- Lillie Ferguson read a sketch of through direitly LAYING MASH for theatres. centers, and motion-pictur- e arrangement Adequate her father Benjamin Richmonds on or or Interest dends other channels. Total investments, through SALT HAY COARSE be healthful living must provided for the large groups of population life and her two grandaughters, 50 which have been shifted to these new localities. It is only with purchasing power will thus expand as production increases. Taxes Gloria and LaWanda Ferguson per cwt of will course of take Income the even increased but part receive!,, 2.19 MEAL CALF can these essentials that people put forth their greatest effori in sang "The Call of the with higher rates, taxes will not absorb more than a small part of A luncheon was served toCanyon. 180 WHOLE CORN Captain accomplishing their part in our national program. As we have seen, however, although it. production will have Powell, County Historian Smart, headMake this your Defense Costs Money greatly increased, a large part of this will be for defense purposes, Mrs. Ossa FerguBon of the State for purchasing v quarters Ships, planes, tanks, cuts, bouses and the rest of the long list so that Increase in the quantity of goods actually available for private Central camp; Captain Zana Paints, Roofing, and any of defense necessities cost money. Present plans, according to the consumption will not keep pace with the increase in total purchasing Mrs. Elsie Campbell, Mrs. other supplies you might Mrs. Elizamost recent available figures, call for the expenditure for deiense power. V.'e are thus confronted with a situation in which people Susanna Meldrum, need. purposes of more than 40 billion dollars. This figure, as It stands, will have more money to spend for a relatively smaller quantity of beth Ferguson, Mrs. Dora Cluff, Mrs. Mrs. Elmira Florence This Is a 100 Boyce, produc.r is almost beyond comprehension. It is more easily understood when consumption goods. The result of this situation might well he to We Mrs. Annie Gillespie, the owned organization. it is considered that a 35,00-lobattleship, such as the U. S. S. raise proportionately the prireB of everything we buy. Higher prices Glazier, and her are not Just distributors for grandaughters. Nort : Carolina, costs 70 million dollars; that it takes 50 million would increase living costs and the cost of defense preparations. hostess, institutions. dollars to build an aircraft carrier; 20 to 30 millions for a cruiser, Thus a portion of earnings would be taken away by higher prices, Mr. and Mrs. Arthur Hawkes way Real the Cooperative A single bombing plane costs nearly half a million leaving little or nothing to show in its place. If, on the other hand, and son Don are vacationing In and save money on supplies will and also visit dollars. We need large numbers of these flying fortresses, as well people invest part of their earnings In savings bonds, and thee is California and realize more for your as lighter bombers, divd bombers, pursuit planes, and still other no appreciable rise in the price level, they will be able to buy ap- their daughter and products. methods of ag- - proximately the same quantity of goods as otherwise, and have sav- Mr. and iMrs. Don Shepherd. types of aircraft, for defense against present-da- y We buy all kinds of grain Mrs. Udell Sorenson and two ings bonds fig well. It should be' added, however, that the Defense do custom grinding. and children of Ephraim have been Savings Program can accomplish this result only If bonds and stamps Prices subject to change LeonIMr. Mrs. and with visiting are purchased regularly, and out of current income. We reserve notice. without sen. Neil ard the right to limit quantiDell and and Mark John Bigler Prevent Price Inflation ties. have returned home 6. Financing by means of Defense Savings Bonds will help In Bennett still another way to prevent an inflationary rise in prices. When after spending a week in CaliforUtah Pcnltr) Producers banks make purchases of Government bonds, or when individuals or nia. Misses Inex Jolley, LaNell Taydefrom to borrow Government banks bonds, corporations purchase Ca-cmand deposit are likely to expand. This is true because banks lor, Shirley James, Jo Ann ISSGCiStlGH p Weeks, Merleen Smith, and Ella usually pay for the bonds they pnrehasse, not with actual cash, taken Claire Kastman also spent an enfrom their vaults, but by placing on their books newly created de55 West 5th South joyable week at the M. I. A. home Provo, Utah Phone 89 posits to the credit of the Government. The result is the same if In Provo Canyon with the Edge-mothe bank is lending to individuals or corporations for the purchase Girls. grt.-Mo- three-fourth- n Why Buy Deiense Bonds? EDGEIilOIIT ss xT k oit inoA XitOJ iViXOll V erru ODl.Iil' Completely Overhauled Radio, Heater $693.00 1935 OLDSMOBILE SEDAN $275.00 Radio, Heater 1939 PACKARD 6 $695.00 Radio and Heater 1936 DODGE SEDAN Radio, Heater $225.00 New Paint, Overhauled; 1937 PLYMOUTH SEDAN $ 1 13.00 Radio, Heater COUP- E- 1933 PONTIAC Ileater, Radio; New Paint, Overhaul $295.00 ts ATTENTION! Allen Auto Dares You To Come Down and Slake An Offer! Corner of Center and 5th West Provo Phone 1840 PACKARD HUDSON two-ocea- i Sportsmen GUNS j A!'!.!UNITI0ii AND ji cold-stora- Neil-son- n te four-engi- son-in-la- nt PLEASANT . Here Are Plans to Help You Put THE . . v3 "MEff in HOME 036-R- 3 Ivan Allred spent part of last week visiting with his aunt, Mrs. Sterling Cluff. Wyman and Emagene Redd of Montirello were guests at the A. Ray Ekins home. They are niece and nephew of Mr. Ekins. A Bridal Shower for LaNora Ashton will be Wednesday, Aug. 20th at tbe A. Ray Ekins home, 25 guests being invited. It is given by the Ever Ready club. given OWNERSHIP too often when people thing of HOME OWNERSHIP they fall short of being able to visualize the personal ME in its properly possessive place. Are you inclined to be that way? Our plaus a plan for a low cost home, like this one plus our convenient Budget Building Terms, will put you right in the picture and firmly on the sensible path which will lead you to your own home. Phone 357 189 West Fifth South Budget Building Terms only $ Its Fun To Build the .58 Anderson Way j Monthly ANDERSON LUMBER CO. 249 West Fifth South PIIONE 537 j ONE DOLLAR WILL HOLD YOUR CHOICE for a Reasonable time! BENNETTS Phone 160 272 West Center St. mitfmimitttwUi&itiiHtmitutunimiinnmiiiimiitiuuiuitimiuHHmmfnmimmttiintmiimnmmiiiimimtiiHtwttiUitiMtrtHiiiHHmiMmuiiMitmiRm ' 'Si, COAL Wl izctu . . . ESg Gavlsigc at c lif tairal Clearance of AU Used Merchandise 'Sin ID,. HU will advance before H Mrs. William Seaton of Duchesne was a week end guest of Kathryn Firth. AU YEAR! THIS SCARCE I Are You Taking Advantage of the Store-Wid- e BE WIIY NOT PICK YOURS OUT NOW! f VIEW (Mrs. Nellie Snow - Reporter) Phone WILL Mr. and Mrs. Andrew Halverson spent several days visiting at the T. R. Workman home. Vis. ting at tbe home of Mr. and P. K. Nielsen are Mr. and Mrs. Carl L. Nielsen and daughter Thelma of Los Angeles, Mr. and Mrs. Milton C. Jones and family, and Mrs. Virginia Mlglorle and family from Price. LARGE STOCK PRICES SLASHED! Big Demand for Furnished Rooms and Apartments Looms This Fall! A Little Cash Expended Now Will Reap Some Nice Profits For You This Winter! I iMrs. The High Priest quorum of the ward has been given the project of visiting each famllv, selling strip tickets for the Sharon Stake Outing and Harvest Festival, to be held Monday, Sept. 1, at the Sharon community play grounds. The U. S. Cana.. Ian Border Is the longest border in the world, and Us sole permanent guard is maf'i up of engineers, axmen, surveyors, and maintenance crevs Jt is a symbol of the dav to come when no soldier can tie fnuud on any national boun- to W. J. Bank. darr, Itnr.alJin journalist, writing In i,. nn'ory rrnrazloe OAK KITCHEN $4.93 CABINET 4.93 OAK KITCHEN TAELE I.95 SANITARY COUCH STUDIO COUCH DRESSING TABLE $ 1.03 14.03 . 3.95 Furniture Exchange BUY NOW AND SAVE! 310 WEST CENTER ST. but you'll be lucky if you can get coal even at advanced prices. Defense needs are rgent and will take priority over all civilian needs. That means TRANSPORTATION may not be available to carry coal either by train or truck. Here Are a Few of Many Specials OAK BUFFET Winter Comes Where You Save T BE PATRIOTIC get your coal now, and save yourself trouble and worry, and at the same time AID DEFENSE. Phone Us 232 Utah Timber & Goal Co. 164 West 5th North Phone 232 ri j |
