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Show OREM-GENEVA TIMES THURSDAYULY 28 l99 Published Every Thursday at Orem, Ulah M NEFF SMART, Editor and Pudishei Entered ai second class m-tter November 19, 1944 at the postoffice at Orem. Utah, under th act of March 3. 1878. MEMUfcH. Uuii iiate Press Assuciatiou Subscription Batui: One year. smiL, in advancf Six Month '" $3 00 $2 0 MEMO TO INVESTORS One of the few things we remember from our school days is an axiom of economics which states that "Capital "Capit-al is Sensitive". That means, as we recall, that money is invested, normally, where there is the least chance of losirtg it and the best chance of realizing a profit. It, for example, is sensitive to prices in a grocery store or to. the price of an automobile. It goes, in fine, where the values are. That axiom makes the recent report of the county assessor really heart-warming and encouraging to Orem residents, for it shows that people here are backing back-ing their faith in Orem with their "sensitive" capital. Orem, as the statistics show, with something like 10,000 residents, gained in assessed valuation more than $300,-000 $300,-000 during the past year; in comparison with a gain in Provo, 30,000 population, of only $252,591. American Fork's gain was $177,000 and Springville's was $105,000. Smooth talk regarding the growth and future of a community is relatively cheap. It takes only a jib chamber cham-ber of commerce secretary to parade statistics and prepare pre-pare charts which will "prove" that an area is approaching approach-ing a "golden era." Population figures, telephone circuits, cir-cuits, gas connections and water outlets all these are indications of growth trends; but the real payoff, the finest test of sound growth .and future prospects come in the figures which reveal where the money is being invested. Orem's increase in assessed valuation shows that the confidence which people here and elsewhere have in the future of the city is backed by more than words and statistics. Orem's future is being backed, and insured, by the application of capital. CO-OPS AND TAXES From a speech by Senator George D- Aiken as reprinted in St. Louis Post-Dispatch. Doubt has been planted in the minds of some not familiar fam-iliar with the work of cooperatives as to whether they should be permitted to enter the competitive field of business bus-iness As a matter of fact, any cooperative which invades a field where it is not needed stands little chance of success. suc-cess. . . . When the producers or consumers of commodities commodit-ies are unable to secure goods of the proper quality at reasonable prices, or when servics are inadequate, then a cooperative generally fills the need. Farm cooperatives enable the family farm to survive in this age when the trend is toward big business and mechanized farming. The consumer cooperative is now playine an increasingly increas-ingly important role in our economic system. Here again the objective is to secure goods and services at the lowest low-est price consistent with quality The credit union has become a factor in the field. . . . The advent of cooperative insurance resulted in sharp reductions in rates and greater efficiency in the management manage-ment of insurance for farm, factory, . home and automobile auto-mobile owners. ...... T Without doubt, cooperatives do. regulate prices and quality of goods and services. They prevent monopolies and they narrow the spread between the price the producer pro-ducer receives and that which is paid by the consumer. The charge that cooperatives do not pay taxes is false, but it makes a popular appeal to some uninformed small businessmen who are finding it hard to meet their own competition. , Under the law, a cooperative acts as agent, for its members. In making purchases, the member pays a full competitive price for what he buys. If it develops that the money advanced for purchases is more than necessary, necess-ary, the difference is refunded to the member. , This amount refunded clearly should be, and is, exempt ex-empt from taxes because the money does not belong to the organization but to the member and represents either a refund for overpayment on puchases or the final payment for commodities consigned for sale. The cooperative pays all kinds of taxes that other forms of private industry pay. If it makes money which is not refunded to its members, an income tax must be paid on that, also. Any corporation has the same right as cooperatives to refund excess profits to its customers without paying taxes on such refunds. There are many instances where this is being done.- ALWAYS THE GOOD PROVIDER OREM MAN IS DISTINGUISHED STUDENT Robert P. Larsen of Orem has been designated as a distinguish ed military student from Utah 'State. He was selected for this honor because of his outstanding qualities of military leadership, high moral character and aptitude aptit-ude for mlitary service, in addition addit-ion to his academic grades and leadership in campus activities at Utah State. Larsen is now participating in six weeks of intense field training train-ing at the Fort Lewis ROTC Camp at Fort Lewis, Washington Washing-ton as part of his preparation for a commission. Upon graduation from Utah State and successful completion of his ROTC course, he will receive re-ceive a commission as a Second Lieutenant in the Organized Reserve Corps. In addition he will be eligible for considerat ion for a commission as a Second Lieutenant in the regular army. Baker Outlines Tax Concept Mrs. Winnie Graff, Mr. and i Mrs- Wesley Graff and Patricia Graff spent the weekend in Enterprise. En-terprise. They also toured the southern Utah parks. Llya DeLange spent day with friends in Salt City. Mon-Lake Mr. and Mrs. Leland Nielsen Niel-sen have their son, Darrel Nielsen Niel-sen visiting with them this week. He is on leave from the Navy. Mr. and Mrs. Russell Carson Car-son and children spent Sunday at Fairfield. From where I sit Jjy Joe Marsh -Ci- We went out visiting the other night and the ladies were talking away about weight-reducing diets. One of them had a special "15-day . Hollywood diet" guaranteed to slim her down fifteen pounds' worth. Another An-other was living on bananas and skim milk! I might have known the missus would get the bug, too, and Bure enough the other day the asks me, "Joe, what kind of a diet do you think I ought to go on!" "Mother," I Bars, "the only diet I would ever recommend to anyone is aimply moderation. I wouldn't For The Ladies: A Die That Really Works trust any of those get-thin-quick dirts. Simply cut down on desserts, bread, butter, sweets and fats but when you do, even do your cutting down moderately. From where I sit, moderation Is the watchword. Moderation with food, with smoking or with the enjoyment of a friendly glass of temperate beer or ale. Actually, moderation addt to the enjoyment of just about anything. For full understanding of why taxes are high we must taks under consideration the element of Politics. The Post Office De partment has, on its payroll, 22,000 Political Appointees. Many of whom could not qualify for the position they hold if they were required to pass competit ive examinations. Most of said employees (Political Proteges) are in the high salary brackets- For the year of 1949 the Pres- lden requested 1,711 million, dollars dol-lars for the operation of the Post Office Department. The estimat ed revenue was set at 1,385 million dollars and Congress actually appropriated 1,606 mil lion dollars, the deficit, 221 million mil-lion dollars to be supplied from General Taxes (your money). The Post Office Department could be self-supporting if it i were operated on a basis equit able to the three cents charge you pay to send an ordinary letter and if the Elected Officials Offic-ials were required, and obeyed the requirement, to pay postage on their personal and political propaganda mail. It is seldom that an Assistant Postmaster is appointed to a postmastership, yet most assistant assist-ant posmasters have years of experience ex-perience behind them and are invariably much better qualified to handle postal work efficiently than are the ones who receive the appointments. The Post Office Department's deficit for the year of 1948 was 310 million dollars, and this sum must be made up from your taxes. Post Offices should be taken out of politics, and all personnel selection handled en tirely within the departmuit, and should be managed by a director, who should be the operating oper-ating head, under the direction of the Postmaster General. It is not the intent here-in, to hold the Post Office Department up to ridicule, or to present it as an outstanding example, but rath er to use it as a sample of the average poor business policy of the Federal Government in or der to show why taxes are unnecessarily un-necessarily high. (40 percent higher than they should be ) In the State of Utah there are over 40,000 Federal, state and local government employes, and there are only about 281,000 people, altogether, employed, or self employed in the state. This means that one out of every sev en employed persons are living off the labor of the other six. Many governmental employes are essential to our way of life, and many are drones that are definitely non-essential, non-producers, non-producers, and an unbearable burden on the tax paying public (you). If six persons are required to support one non-producer, you can readily understand why your taxes are high. When you understand that prices are high (because taxes are high you will readily admit the chances of prices receding are very remote unless we enter a depression period (which no one wants). There is a way to lower taxes, and bring down prices, and also avoid a depression, but the solution sol-ution rests with the taxpayer. Our elected officials have abundantly abund-antly proven that they are incompetent in-competent when it comes to that important necessity, "Lower Taxes." Bill Baker Uncle Sam Says I 1 BE A J j MODERN49'R The original 49'er Hiked life it-elf it-elf in the trek to California aeek-ln aeek-ln oDDortunitr and aeenrity. To day, Americana can proride for eeure future during the U. S. Sarin fts Bonds Opportunity Drive now in pregreas- Instead of having to use a covered wagon, an original of which yon will see in principal American cities during the drive, your opportunity will be found right at home. U.S. Tmsuiy Dtputmnt Mr. and Mrs. Harry Moble and sons have returned to their home in Orem after a year's ab sence. Mr. Moble's employment took the family to Missouri and New Mexico. Dairy Cow Raising Expenses High Total gross cost of keeping an average dairy cow on the average aver-age Utah dairy farm in 1948 was $303, according to Dr. George Blanch, professor of agricultural agricultur-al economics, Utah State Agricultural Agri-cultural College. Making allowance for trie value val-ue of the manure and the calf produced by the cow, the net cost of the butterfat was about $278 per animal. $278 per animal. This is an increase of about; 22 percent in costs' over 1945, Mr- Blanch said. The net cost per pound of butterfat in 1948 was over 90 cents, compared with less than 83 cents in 1945. Slightly more than half the total gross cost was for feed, while labor accounted for ap- J proximately 40 percent. Feed Descendants of Gustave Johnson enjoyed a family re union, at the Windsor ward chap el on Saturday evening. A pro gram was presented and refreshments re-freshments served. and labor together comprised about 94 percent of the costs in each of the two years, 1948 and 1945. Expenses, besides feed and labor, included auto, truck and horse use; interest on investment, invest-ment, maintenance of buildings and equipment, bedding, bull service, lights and power, cow testing, taxes, inspection, insurance, insur-ance, veterinary fees and hauling haul-ing milk. To Shed Light on the World This Week THESE MEN HAD THIS TO SAY: "I feel ashamed to be back in Canton under the n circumstances of retreat and failure We rnuIe?fnt Canton, our last port the last place from whi i , can use both our navy and air force. ... I am j We perish with the city." CHIANG KI SHEK, Upon ?yb rival at Canton from Formosa. 18 ar- "It is practically impossible to have in the next or two a (business) collapse like that of ivn yl THEODORE YNTEMA, Ford Motor Co. vice xZA " on Chicago Roundtable broadcast. "esiaent "Obviously, it would be ridiculous for anyone t loyal to those people who. do him harm and wish v evil. Such people are his enemies. I, therefore hereby declare war on my enemies, and .... wfl i' ? them every step of the way until we achieve' the eon i itv as American citizens which is mmrnnron k wlu- stitution MRS. PAUL ROBESON. "Whoever the chairman is, he ought to come from politically-competitive state where Republicans ha learned that they can't just stand around and shaV hands with themselves to win elections." SEN HENTfv CABOT LODGE, in suggesting a chairman for the S publican National committee to replace Hufeh D. Scott Jr. the United States has no in- aggression, oi allowing th "It must be made clear tention, in the event of peoples of western Europe to be overrun before its , power can be brought to bear." PRESIDENT TRUMAN in his appeal to Congress for an arms program for western west-ern Europe. Mrs. Alfred Skinner and Ina Skinner spent a week visiting visit-ing with relatives in Flagstaff and Joseph City, Arizona and in Gallup, New Mexico. j H- A. Match of Mesa, Arizona Ariz-ona is visiting at the home of his son, Adelbert Hatch. Mrs. Rosa Mae Finch Gurr and small son, Dennis Ray left for Los Angeles on Sunday after spending two months & the' home of her mother, Mrs. Ethel Finch. The Gurrs will make their home in Los Angeles while Mr. Gurr is attendine law 'school- "IT HAPPENS EVERY DAY" By PLOTNER JiMC lip ysfrk c&&zf -eurm' Kids wm angus" - i compabsv rt him frzyHG UP JOS - AVE ay MkN mo 8U6Ntf...0UZ VOUCANVtVtHD ow mm ro 6lt. V0ZJ12 CM) MOTOR COWrXt 57-71 mixctm 9BOVO, UTAH ISO "It's interesting to know that nearly half of Utah's service workers-people with jobs in stores, garages, gar-ages, schools, banks, etc. depend on min-ing, min-ing, in one way or another, for their living." UTAH MINING ASSOCIATION K.CP. J:m ;!! PECTIN 1) THANK YOU PROVO AND UTAH COUNTY FOR A WONDERFUL RECEPTION TO UTAH'S FINEST CAFE COME AGAIN AND BRING YOUR FRIENDS t: Interior View of Cfctea City Cafe CHINA CITY CAFE 35 North University Ave. Provo, Utah Phone 3221 O FINEST IN AMERICAN and CHINESE DISHES prepared by chefs from metropolitan centers. O WE INVITE COMPARISON OF OUR PRICES. Featuring special merchants lunches and dinners. (Both American and Chinese Menus) WHY NOT DINE WITH US THIS WEEKEND Private Room for Larqe Dinner Parlies and Banquets. (Approximately 100-Person Capacity- Open Daily From 11 a.m. to 2 a.m. Air Conditioned Provo'i SMARTEST RENDEZVOUS for Lunch. Dinner or Evening Snack. Orders to take out- And Saturday Nights Till 3 a.m. |
