Show Mail MaD your memories to THE THEOLD THEOLD THEOLD OLD TIMER BOX No Frankfort Frankfort Frank Frank- fort Kentucky DOLLARS DOLLAR'S PURCHASING POWER ON TRAGIC PLUNGE UTAHN STATES were warned today that they face the tra tragic lc pros pros- pros pros' I pert pact of a dollar worth only 28 cents by 1965 If the tIle dollars dollar's purchasing power continues to decline as it has the past 13 y years i George S. S Eceles Eccles president I First Security Corporation of ot Ogden O den In releasing a report compiled complIed by the National elation of Manufacturers said saidi Dad Bad as it has been to see our dollar drop 47 cents In value since 1939 we may in a few years look back tack to today's 53 cent dollar as a momento ol of the good old days If the federal government continues to pump more and more money Into our economy through h deficit spending spend ing and cheap money cheap money easy credit policies we can have a cent 28 dollar by 1965 and possibly pos sibly a 15 15 cent dollar by 1977 Pointing to the present administrations administrations administrations administration's ad ministrations ministration's deficit spending policies as the chief cause of inflation and the drop in the doll dollars dollar's ats at's purchasing power Mr 1 Eccles Eceles added The Thet public debt has piled up from less than Ihan 41 billion billion- in 1939 to some 2 billion today of which Utah's share shareS ds is S 13 billion assuming that this debt burden were spread evenly among all per sons In 1953 we face a deficit of billion which would mean an additional burden of ol 64 million for the people of 01 Utah and an addition to the forces that cause Inflation Yet unfortunate as the present pres ent situation is he said it will become far Jar worse if the public does not insist that excessive excessive ex wasteful spending be stopped and the federal budget be made ito to balance with tall ta revenues Millions of Americans today are ing desperately to get gel along on savings pensions and insurance dollars worth little littlemore more than half of at their 1939 value Mr Eccles Eceles explained He pointed out that a monthly pension or annuity of 1939 now provides only about 53 worth of purchasing power for food lood clothing or other expenses ex and that the same ratio applies to other forms of savings savings sav ings such as bank accounts insurance in insurance policies or bonds We must prevent further loss in the value of the dollar doliar by putting our government on ona ona ona a payas pay we wego basis he as The budget should be balanced and the expenses re reo This requires that all unnecessary spending for frills by our government be eliminated eliminated which will help us hold the line against further tion Abuse is never a good substitute substitute tute for tor argument DIRECTORY GRAND COUNTY UTAH UTAn County Seats Seat Moab Utah Elevation Feet Population Flat District Congressman Walter K Ie Granger Grange Seventh Seventh Judicial Judicial al District District I Judges Judge F. F W. W Keller Price Uta 1 L. L Leland Larson Lanon Utah District Attorney Duane Doane A. A Frandsen Price Utah I Twelfth Senatorial District State Stat Senator Donald T. T Adams State Representative G. G O. O Patterson Board Doard of County Coant Commissioners I R. R J. J Fletcher Chairman Kent Johnson Winford Dune Bunn County Clerk and Auditor Margie Mal M M. Shafer County bounty Treasurer Collin ColUn A. A County Count Assessor Albert Maxwell County Count Sheriff Robert C. C Burl Bur Count County Recorder Emma M. M Dalton Clerk of District Court Marsh Mancie M. M Shafer Shafe County Count bounty Physician Dr Dt II V. V Tempi Temple County Count Attorney Altom Otho Justice luaU of oft the a Peace Bert Be Dalton No 1 t GRAND COUNTY SCHOOL DISTRICT 80 Board Bard ef f Citation Oa Howard Lane Lance President II IL W. W Balsley Dalley Vice President Alvi AMe Holyoak Shields Walter WaIte Bonito District eat nelm U. U I. I Knight Clerk of Board rd Enema Walker Walkr CITY CUT OF or lOAD UT UTAH Ceo George Barck Durck Mayor 0 Councilmen N. N N S a William Hines M. M E. E Robertson G. G U U. U Foote Foot K E. E City R Recorder order Margie II U. r. r Shia City Treasurer Treasure Winford Buns BUD Water Superintendent It IL E. E B. B Baty Doty City Attorney Mitchell MItt City Justice Bert rt Dalton Dlton City Water Wate Clerk Clerk ye c Ellis Ell K It Cook Latest Developments in Entertainment World I A PEEK AT THE L I STARS I I In this newspaper Dont Don't borrow I Subscribe Subs b. b Carroll J. J Meador BROKER REAL ESTATE INSURANCE A CC SURETY BONDS MOAB UTAH I ELECTRICAL HEADQUARTERS Home Appliances Radios Phonographs Household Goods Wiring Supplies Launderette Service Electrical Repairs MOAB ELECTRIC CO At Your Service Electrically Phone 2216 Paul J. J Black DISTRIBUTOR UTAH OIL PRODUCTS 1 SERVING Grand and San Juan Counties PHONES I II I Moab u 2693 I Monticello M M I landing Blending on 1 Hh 1 From where I sit 4 y Joe Marsh Marshs s t Well What Do You Yau Know Do you believe in a bunch of old tales about lightning lightning about about h how howIt's W WIta Its Ita i t attracted by cats or the warmth of cattle how it never strikes Inthe in inthe inthe the same place twice or how It its it's liable to turn milk sour Bour Lots of people of often but ten do but do-but but they're wrong Dad Hawkins inspired this column cot col today Hea Hes really studied up upon upon upon on lightning since his own cow barn was struck that time Trouble Is most of us dont don't know half enough about the sub sub- led Jed Dad says saB And about half of what we do know is false I l From where I sit Dads Dad's statement statement state statement state state- ment applies to a lot of things besides be besides be- be sides aIdes lightning Too many people think the they know their neighbors neighbor when he votes for his wrong candidate can can- Instead of theirs Some people people peo peo- pie even resent our right to enjoy a friendly glass of beer if It and when we choose Opinions based on misinformation and prejudice in instead insteAd instead in- in stead of being grounded on true facts can cause more damage than lightning ever did I Copyright United Stars Stales Brewers Foundation MINER a J- J Vacations are great for individuals But Utah's Utah mining industry as a whole never takes a vacation Only year round operation at top efficiency can produce the profits that keep my paycheck coming Our industry works on such sucha a close margin everyone has to be on the ballat ballat ball ballat at all ail times to keep things rolling roiling e i MATTRESS r t I Up to 1000 for Your Old Mattress 1 on New Spring Eill iII Mattress BOX SPRING TO MATCH Any Kind of Furniture You May Desire I Free Pickup Pick and Delivery on en the Second Week of I Each Month i i Overman's Mattress Co 35 N. N 3rd W W Provo Utah iI i- i or Call 2591 Moab I I Complete Complete I I i A Automotive U t omo t. t Ive 1 1 I Service r t tl I II I I That's the Kind You Get at Any I of Our Garages I I Stop One-Stop Service t i it t i PLYMOUTH CHRYSLER DEALERS 1 I In Southeastern Utah f t CONTINENTAL OIL DISTRIBUTORS r i ri i In Southeastern Ut Utah ah I I I I i iI I MOAB GARAGE CO MOAB 9 THOMPSONS SONS j |