Show 1 I i I fi Adams dams Gloomy Over Deficit The demon deficit of the federal federal federal fed- fed eral g government is isas es as as much a danger to the United States today fas as as any dictator in the entire world Orval lOrval Adams executive vice presIdent president pres pres- ident Ident of the Utah State National Bank and former president of the American Bankers' Bankers association t told ld members of the Kiwanis club meeting Thursday noon in Hotel Utah We are going into the war tragedy tragedy tragedy trag- trag edy he said with the largest debt we have ever seen It worse orse by far than when we went into the World war Mr Adams said He declared that wild inflation It If it comes will destroy the American Ameri- Ameri ron can way of life just as much as would Hitler should his armies invade invade in- in vade and subjugate the United States Mr Adams said taxes must be Increased and that the increase must come from those in the lower income brackets because bemuse those in higher brackets are ere taxed to the hilt hill now For the future the banker had this to say After every war there always fewer jobs lower national income and end lower standard of living liv- liv ing |