Show 1 M rl 1 i S t I 11 t t CHIEF ECONOMIST Dr El Roy Nelson addressed the Vernal Vernol Area Chamber of Commerce annual banquet meeting Monday Chamber Hears Bank BankE E Economist Elects Directors Retail trade in Vernal over the past 10 years Is the greatest per capita of any other city in the state stated stilted DrEl Dr El Roy Nelson senior vice president and chief economist for the First Security Security Se Se- Bank system at the annual Vernal Vernal Ver Vcr nal Area Chamber of Commerce banquet banquet ban ban- meeting Monday THE FEATURE speaker of the Chamber Chamber Cham Cham- ber meeting told of the national money problems inflation and bank interest rates He lie stated stilted We still have tight money lie He predicted there would be no government surplus now that the postal workers and air conti controllers were promised promised promised pro pro- wage increases The speaker explained to the group that federal deficits during the past years have caused the present Inflation The government has created money and has not produced goods to represent this money and this cause causes I J Inflation THE PAST seven seven month month slow down may rosy be over and a little more money may be available There has been no increase In the supply of money during the last six months the bank vice president president pre pre- stated Official business of the Chamber meetIng meeting meeting meet meet- ing was to elect five three year three year directors dir dir- Those elected were Paul Batty Datty Bill Gibson Whitney D D. D Hammond Irvin Ir lr- vin laws Haws and Cal Dee Reynolds Musical numbers for the evening were provided by Daun Willard and Dorothy Dorothy Dor Dor- othy Luck accompanied by Tex RossA Ross A REPORT on the years year's activities was given by Secretary Secretary Manager Manager Dwight L L. |