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Show "Page 46 HILL TOP TIMES Would You Believe 'Acceleration?' November 4, Savings Help Air Force Personnel and Nation If the government A frequent, provision found in installment (AFNS) contracts is the acceleration clause. . Briefly, such a clause stipulates that when you fail to make one installment payment, the entire amount remaining unpaid on the contract becomes due and payable. The use of the acceleration clause (perfectly legal) points up the fact that you should know the contract you sign. I The man who consults the legal assistance office after he has signed a contract is like the driver who checks his fuel gauge after he has run out of gas they're both too late. SCIIUDACH Headquarters for Accufron had its The option to take less than wishes, every airman in the the full amount of pay and al force would have a personal sav- lowances due each month leavings program. ing money that isn't needed for The government likes it that current expenses on the books. way. Savings mean financial The privilege of enlisted per security for the individual air- sonnel to make out allotments for man, combat inflation, and over- three special pays formerly ex seas, reduce America's balance cluded from the allotment pro of payment deficits. gram. They are hostile fire pay, , In short, savings are good for the nation. Looking at it from a strictly personal reason, it is only good sense to save regularly. Accumulated savings serve as a reserve against rainy day emer gencies. They enable you to save money on future purchases by paying cash. Most important of all, a healthy savings account or a stack of U.S. Savings Bonds offers independence in later years. Here's how it works. Money put into a planned sav ings program is not only money you'll have when you want it, but it also works for you by earning interest. Many ways to save are available to members of the some new and Air Force some old but all useful in personal savings programs. 'J While saving through bank deposits and purchases of U.S. Savings Bonds are old stand-by- s, new improvements and incentives to save have been opened up for members of the armed forces assigned to foreign countries. They include: m ., sea and foreign-dut- y pay, and proficiency pay. Previously, a man could allot only as much of his pay as the total of his basic pay and quarters allowance. Now he can allot those special pays for purchase of U.S. Savings Bonds (Class B or B- allotment) and for voluntary Class E allotments to banks for savings or to commercial insurance companies fov life insurance premiums. The new Uniformed Services Savings Deposit Program, signed into law by President Lyndon B. Johnson on Aug. 14 1966, which is open to all members of the armed forces on permanent assignments in for eign countries. It supersedes the Soldiers, Sailors, and Airmen's Deposit Program. Here briefly are its salient -l features. ettoo Lucnin an Accuaon timepiece And ifyou did, United States. An individual may de posit any part of his unalloted current pay and allowances amounts of $5 or more includ . . ing enlistment bonus received while overseas, at any time. . . . Deposits and interest are exempt from liability for debts, including indebtedness to the United States, and also are not subject, to forfeiture by sentence of a . . . Money an individual serving overseas had on deposit in court-martia- l. the Soldiers, Sailors is overseas. The 4 per cent interest also will continue to apply to deposits of enlisted members not overseas until the end of . . . rate their enlistments. . . . Depositors normally will not be able to withdraw deposits and interest while they are ove- rseas ; however, provisions will be fo)5o)fMinMl With Automatic youd be asking for trouble. The "worVM in an Accutron timepiece consist of tuning fork, 11 other moving parts, a battery, a transistor, and a little circuit. There's no mainspring, no- hairspring. No balance ' wheel. No big collection of mechanical watch parts affected - . . . I by temperature, by humidity, by oil and. dirt and wear. The tuning fork keeps the time, instead of the balance wheel. It vibrates 3ou times to a second. tsntaf fork (A standard balance wheel man' a vibrations 5 to second.) ages, only And the time is guaranteed accurate within one minute a month;. Mane wheel AKout 2 seconds a dav. The parts in an Accutron rimepiece.may not be many But they're doing everything right. - I Model 614 Lifetime guarantee 1 Makes buttonholes! Appliques, overcasts, mends! Darns, bartackst Sorry, no mail or "Famous for Diamonds" K MAIN AND BROADWAY 2435 WASHINGTON BLVD. SALT LAKE CITY OGDEN, UTAH WE ARE AUTHORIZED SERVICE AGENTS FINE WATCHES FOR WIOVA AND OTHER phono ordortl R and Ai- rmen's Deposit program began earning the new 10 per cent interest on Sept. 2, 1966. . . . The old 4 per cent interest rate will continue to be paid on the money in excess of $10,. 000 that a serviceman has on deposit in the program while he . . . Money on deposit up made for withdrawals in emeto a maximum of $10,000, earns rgency circumstances. interest at the rate of 10 per cent per year, compounded quar A NICKLE goes a long way terly, while the depositor is on a permanent duty assignment these days. You can carry one outside the United States or its for several weeks before you possessions and up to 90 days can find anything that it will following his return to the buy. t0 w 1966 Limlttd (apply t this tpcial IntrWtKtAry ' prlc . mm onir 2333 Wcshlngtsn Dlvd. phone t M M 302-SC3- 1 |