OCR Text |
Show 1. 1 1 V 'l"-.f ? ... Page Twelve The Springville Herald January 13, 1972 Published Weekly by ART CITY PUBLISHING COMPANY at 161 Sooth Main, Sprlnffvllle, Utah 84643 PUBLISHER, MARTIN CONOVER Second class postage paid at Springville, Utah 84663 Subscription in tdvanc, ptr ytar, $5.50 ptr copy, 1 5c EDITORIAL GANGWAYS TO PROGRESS OVERSEAS INVESTMENTS BENEFIT AMERICA The international operations of American companies are increasingly criticized on the erroneous grounds that they cause domestic unemployment, contribute to the bal-ance-of-payments deficit, export U.S. technological "know-how" "know-how" and take advantage of tax and tariff loopholes. The truth is that U.S. foreign direct investment has contributed a cumulative credit to the balance of payments of more than $11 billion since I960. U.S. firms often are faced with the choice of producing abroad or being forced out of the market. On the other hand, new foreign investment invest-ment in the U.S. now totals more than a billion dollars a year. The direct investment by U.S. corporations has opened vast world markets for U.S. high-technolagy products prod-ucts and certainly all reputable concerns comply with the tax laws both at home and in the host countries. What is needed is what U.S. Steel vice chairman R. Heath Larry calls "an equalization of the game rules." He was applauded recently at a business meeting when he said: "I don't think it's fair trade when another country unloads all of its products into our country at prices far below their home-market prices . . ." Instead of calling for the control of the foreign investment invest-ment and operations of U.S. firms, labor unions and other groups should join in the effort to encourage investment abroad. The challenge is to make the competition we face from other countries more equitable and to work for improvement im-provement domestic productivity so that U.S. firms will be competitive overseas. Open letter Four-million-dollar county building not justified, writer explains Would you mind publishing the following in your paper sometime before the voting? It is nice to know that a few people have the courage to publically question the wisdom of hurling the County into a four million dollar debt for something we do not need badly enough to justify such a move.People are tired of deception, at least in one or two of our cities. "It will only cost $2.39 per capita". Why don't they say it will cost the average family only about $11.89, since there is generally only one in each family to pay the taxes. Then who don't they remind us that there are thousands of people who pay little or no property taxes, especially the new crop of voters just coming on, but whose votes count. Anyone who has seen our county jail house will probably agree that we do need a better jail house, but why wake up all at once? By the same token, anyone who has seen our present county court house will question the wisdom of saddling our. children with this huge debt without their consent, for something we do not need badly enough to justify such a debt. Why don't we start now and just play we have to raise a quarter of a million dollars on a debt, but instead of paying it we just put that much in the bank where it will draw interest, then in a few years we should have enough cash to pay for a new building; maybe by that time someone will come up with a plan whereby our present building, the county courthouse, can be rewired, if necessary, and the heating system modernized, etc. etc. and we might still be proud of the building we already have. I can't believe my figures or even that of my interest rate book when it comes to figuring the interest on four million dollars. Why don't we ask our jail birds to be patient for just one more year. With the interest and principal we are going to save we will build a jail you will be proud of, and it will not be on the present proposed lot. Who ever heard of extravagance being a deterant to crime? O.H. Anderson Orem, Utah Wish I'd Said "Some people work their way to the top of the ladder, only to find it is up against the wrong wall." William R. Lewis, The Lynden (Wash.) Tribune. "Culture, when you boil it down, is the act of being unselfish un-selfish some of the time." N. DeVane Williams, Holmes County (Fla.) Advertiser. "The only thing that's more expensive than education educa-tion is ignorance. J. D. El-dridge, El-dridge, Overton County (Tenn.) Courier. "Happiest of men is he who values the merits of others." Berdena Shirley, Lutz (Fla.) Party Line. . DeVILBISS g VAPUKUtK SNC BRACH'S- Or K Steams 12 to 14 hours Shuts off automatical-ly. automatical-ly. Holds over I gal-Ion gal-Ion water. Complete -wr with cord, tray. $7.98 VALUE -SNS i BRAC Aw ' I - i mm V B R I D G c M I A Chocolate Peanuts & Peanut Clusters 16-oz. bags mtm s 79c Value 3" &VVW Villi' ' " 30-DAY SUPPLY FREE! MYADEC nlBrldgelW -YJJ in v ueec.WPY'S CANDY BARS Your choice: Milk, Al-mond, Al-mond, Reese, Rally" or Krackel ... 5 w 1 1 6 PACK 10c BARS 60c VALUE 1(g i-n Vitamin Formula with minerals. 130 Capsules $9.50 VALUE 9 ALKA-SELTZER PRICES EFFECTIVE JANUARY 13th through JANUARY 19th STORE HOURS WEEKDAYS 9 A.M. TILL 9 P.M. SUNDAY 10 A.M. TILL 7 P.M. PLUS COLD TABLETS $1.59 eves congestion, headache' and fev--- ensh feeling . . . 1. 4..UU4.- mm a mm m mm mm h m mm u a .kwA VIlKi PUKMUL A iv. 44 Extra strength cough mixture. r niin"r. I Of It SI I ..i!B.-:tB&r I 1 w?e-Kr i i wy SOJEP PERSONAL FILES Metal Perfect. For records Value STURDY CHECK FILE Metal check file for keeping all checks organized by months ! Formula V cough mixiI rOrmi'id rtirj 44. COUOM MiflVH $1.98 Value I S3.98 88 'Vl it it hi j it ua ma tt it tt I U UC ft IQ N u a I laufomoTic O ft T ' I H yiUUlUCLLUJUdlCLIL I ' wM I I I 1 iVAjLlj 4; i my AAA r M L zuu quiDD ASPIRIN 5-grain for fast relief of minor aches and pains. 5 la U 200 TABLETS J ). SQJJIBB I i-.W .pi! 4' f VJIMV IJ I - 1 mm m TERI TOWELS The disposable paper towel from Kimberly-Clark. Strong even when wet. Highly absorbent. absorb-ent. 101 uses. L 2 i IT AUTOMATIC TRANSMISSION FLUID ATF Type A Hydra fluid for most cars. Quart cans. 5S Ml Jll 1 A A PEPTO-BISMOL HEAVY DUTY ALL COPPER BATTERY BOOSTER CABLE 12 foot, tangle-proof. $4.95 VALUE 1 1 mgmMMMMMmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm Reg. 39c 2ASS0R - - .-.-wmm mr-mm twm 3 PRESTONE PRE-MIXED WINDSHIELD WASHER ANTI FREEZE & CLEANER Protects to 30 degrees de-grees F below zero! Quart size cans. Reg. 39c EACH If 2! 39' X I Pepto-Bismol Protective' coating action. For upset stomach. Con- trols common diarrhea. $159$ 1 Value SO t SANA-BOLE Automatically tints water sky blue! VfULU riFAIIFB VfchHMkll and deodorizer - J iiFnnniinnTPns inn mi llhHHIIWIIIIlllW IWH MSI CEEDOI 98c VALUE C ''i 5 Z7KTyi Y0URPRESCR2TKa its rout NEAnr that mm itiililHH"'i- u PL A; NOW -Yfl MIX OR Reg. 5 FOI A Popular Grot SHOW A ICE SC with wood 39c ' VALUE 7& |