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Show THE LfcADLK. ireinuiiwu. " i How's Business ? TO result but the damage isnt at once apparent; it sneaks up on terest payments. you. Yest defincit financing-mean- s If you continue to borrow the trouble if long continued the $100 month after month interest soon bites deeply into Dr. and Mrs. D. B. Green and itself your income and the debt The daughters, Judy and Susan, Mr. lomution. becomes bigger and bigger. ftf result. In time, is banruptey, if and Mrs. R. Z. Heppler, and Mr. I The and Mrs. Bill Sandall and sons, repayment cannot be made. emI NOTICE court appoints a receiver Jimmy and Steven enjoyed a Estate of TO powered to sell your property. In fishing trip on the Blackfoot the resulting liquidation, your River above Soda Springs, Idaho creditors usually are left holding during the holidays. a bag. And you wind CARD OF THANKS a your family destipauper, up tute. That's deficit financing for It is with sincere thanks that we an individual, and government wish to express to you our i deficit financing has many sim- friends and neighbors, our deep Won. u. Man- - ah " ilarities. When permitted to con- appreciation for your sympathy tinue indefinitely, it must al- and love during the illness and ways end In ruin. passing of our beloved wife and mother and for your assistance And Grows It Spreads American citizens have their and kindness during the services while future at stake in the issue and through our bereavement. . Fred Hansen and family of whether their government deficit financing shall practice . in good times as well as bad. The practice already has became epidemic. Census Bureau figures published in the Congressional Quarterly show that not only has our Federal government operated on borrowed money in 18 of the past 20 years but 33 of our 48 states are being infected with the disease too. That many overspent their revenues last year. The practice, if prolonged by the Federal government, can have but one result: ruination, caused by the government finally defaulting on its securities or destroying, monetary values by runaway inflation. A reliable veteran observer in Washington made the statement recently that he was convinced influential Federal government leaders now are definitely committed to a Want to save time and money-y- et house uniforn prolonged policy of deficit fipullets? nancing and with it, gradual inThen change your pullets to hopper-fe- d Urro Ecj flation. Mash and grains after 12 weeks. They'll eat no The Harsh Facts mash Few Americans, apparently, per week than they did at 4 weeks of oge. are aware they are paying more As they eat more and more low cost grains, they than five times as much in taxes i less and less mash. today just to meet the interest Larro Mash all the contains nufrier't Egg High quality payment on the national debt to needed balance the grains. It prepares the birds (caused by deficit spending) as heavy, sustained production! the entire Federal government cost in the year 1915. If the national debt of $256 billion is inLET US TELL YOU MORE ABOUT THIS BIG MONEY-each month and so does your in- - " SERVING THE BIVER EEAB Published lcuivr the fcy fnviPAMY. Inc. on Thursday afternoon, for SUBSCRIPTION VALLEY WdayDistnh " RATES (irTadvance) $2.50 per year near-emp- ty of March J, 1879. nutter October 15. 1925 under act A. N. RYTTINu, rrrrrr tflitor-runisn- Composite -- 30 Business Chart jCi, 40 FROM ONE WHO KNOWS Communists, who have gone This hows current business compared wiih the same time (or the previous thirteen years. attempting to weaken the a are and propaganda through framing to steal BUSINESS BOOMING one million above 152,000,000 nrhoe job is to bore inside the concernestimates. Marriages, those more than W. Babson secrete-particul- arly By: Roger top military increases nationbirths and population the for and plans planes, atomic jet a for weapons, facThose depression fundamental hunting ing are favorable is what FBI are getting little encour- tors that cou support business today al defense in event of war. That, m essence, Hoover recently told a senate com- agement from present business into the foreseeable future. FeedJ. -- under-rround'd- th Sn Director mittee. Edgar conditions. The volume of business, as measured by my ComCommunist posite Business Chart, continues Mr Hoover is under no illusions as to Communist Party is not a bona high - 3(Kf above normal or two purposes. He said, 'The and points higher than it was at this fide political party. It is highly organized, militant, the whims and same time last month. The voldisciplined conspiratorial group following a ume of business has marched dictates of international Communism....The party is steadily upward from a low of dedicated to the overthrow of our government. 10 above normal in November Just how large is this party whose loyalty belongs 1949 and now stands 20 points higher than it was nine months to a foreign power? According to Mr. Hoover, there are U. the within ago. That is a remarkable re members Communist party 54,174 actual from a temporary dip in S.'at the present time, most of whom are in the con- covery 1949. Thirty percent above nor centrated centers of population. New York state alone mal represents a relatively high contains about half of them. It is likely that for every level of business. It is only 5 points below the high party members, there are 10 sympathizers who are he of April 1947. It reflects the work. do the to So, able and party's ready, and willing stability of the past four said, "There is a potenital fifth column of $40,000 people business In the past 43 months years. dedicated to this philosophy." business has been at 30 above Since the trial and conviction of the 11 members of normal or higher for 17 of those jn-ou- - Grw Out Vigoroi1 clothing, sheltering and transporting 152,000,000 people is the business of business. He who goes after IT gets the business! ing, LOOKING AHEAD iQTff nenor.c BFUCmi p 4. Ptuid(tMirdit toilet' . Stint. JMtMiu "Defict" Means Trouble Last week I discovered that a lot of people do not know what the term "deficit financing" means. Just to satisfy a curiosity I asked a number of persons about it and although some had months. a vaguely correct idea only a Some of the star performers in very few had a clear understandthis business boom are the auto ing of the term; and not more mobile, building and steel Indus than a handful had as awareness tries. Steel is running at above of the full implications of a decapacity rate, the building boom ficit financing policy in governis breaking all previous records ment. and the automobile industry Some of the people with whom is running at a rate of 10 million I discussed it said they had been cars and trucks a year. When dodging the formation of a pergoing at that rate of soeed eood sonal opinion on whether governdriving requires one to slow ment deficit financing was good down for dangerous curves or bad because, they said, it, ahead. Watch the carsried only a hazy carefully in automobile plants, the steel mills their minds. When meaning heard they'd and new building. When these the term spoken or had seen it industries catch ud with the in print they'd formed the habit, demand, there could be a level they said, of mentally "skipping" ing off unless the Administration it. sees fit to pull the plug of public Way To Bankruptcy works and increased militarv Deficit financing in its simpreparation. A very important plest definition means spendng factor is the money you haven't got, operating possibility of a war with Russia. beyond your income, spending The only one that can answer borrowed If money. you earn that is Mr. Stalin.. $300 a month and wish to spend There are other constructive $400 a month, you can only grant factors, however, that are tend- the wish by borrowing the extra ing to keep business running at $100 each month and giving the high levels and that is the enor lender your IOU or your personmous increase in our population. al note, agreeing to repay the Census figures are beginning to amount plus a set rate of intershow that our population is now est Your indebtedness mouths all-ti- the party's executive board, some organizational changes have been effected, Mr. Hoover continued. The trend has been toward decentralization. In order to eliminate the dangers that arise when large numbers congregate, the number of Communist Party clubs has been almost tripled. No membership cards were issued last year, and the maintenance of membership records has been discontinued. A courier system has been establishd to protect confidential communications. Secret printing plants have been set up. Leaders are being selected for the underground. A thorough and elaborate system has been devised for making certain that each member is loyal to Communism and will remain so. According to Mr. Hoover, the party has "endeavored to exploit youths, veterans, civil rights, foreign nationality, the press, radio, television, the motion picture industry, educational, political, women, and labor groups Forty-eigh- t per cent of the membership of the Communist Party is in the basic industry of this country. Communist efforts toward infiltration have been intensified in 'basic industries vital to our security such as steel, heavy machinery, mining, communications, transportation, the electrical industry and the maritime industry. The Communists have developed one of the greatest propaganda machines that I think modern civilization has ever known." -- It that Mr. Hoover regards the Communists and fellow travelers as an exceedingly grave menace to our security. And no man is in a better position to know. is clear Mr. and Mrs. D. G. Nelson Jr. left last Monday morning for Heart Mountain, Wyoming. Mrs. D. G. Nelson III and daughter home with Shirleen, returned them alter a month's visit with relatives in Snowville and Malad, Idaho. Mrs. Luzell Eliason visited In Logan on Tuesday with her sister, Mrs. Jesse Thompson and family. Miss Bessie Hansen of Brigham held a class' in the Relief Society room on Friday with a demonstration on lamp shades. Pot luck luncheon was served and the ladies made some beautiful shades. Mrs. Rozene Hurd entertained at a birthday party on Thursday In honor of her small daughter, Kathleen, on her fifth birthday. Out door games were played and refreshments served. Mrs. Maude Hurd and daughter, Gloria, were In Salt Lake City two days last week. Mr. and Mrs. Oeorge Garban-a- tl were in Malad Friday. Mr. and Mrs. Ruben Arbon and family of Ogden visited on Sunday with Mr. and Mrs. Jesse Arbon and other relatives. Mr. and Mrs. Ray Palmer of Rupert spent Friday visiting with Mr. and Mrs. Norman Talbot and Mr. and Mrs. Harvey Talbot. Mr. and Mrs. Lamar Cutler of Elwood and their family were visiting relatives on the 4th of July. Mr. and Mrs. Bert Filmore of Burlcy spent Saturday with Mr. and Mrs. Harvey Sorenson. Mrs. Filmore is art aunt of Erma's. Mr. and Mrs. Dcwane Neal and girls of Ogden visited on Friday with relatives. Mr. and Mrs. Ben Wadsworth of Los Angeles, California, visited with relatives from Monday until Wednesday. They were dinner guests on Monday of Mr. and Mrs. Ed Pratt and also guests of Cora Daley. Mr. and Mrs. Jack Shupe and Mrs. Barbara Hickman of Ogden spent Monday at the home of Bishop Dan Hickman. They were on their way to spend the 4th in Lava Hot Springs. The officers of the M.I.A. sponsored the 4th of July celebration. A parade foot and bicycle races for the children was followed by a community luncheon. Ball games and horse racing took place in the afternoon and in the evening an outdoor program and bonfire were enjoyed Gary Brenkmann of Jerome, Idaho, is visiting his grandparents, Mr. and Mrs. Joel Pack. Mrs. Delia Higley and daughter, Vickie, spent Wednesday with Mr. and Mrs. Bealey Cutler. Mr. and Mrs. Laurence Corey and daughter of Ogden visited with Olef Olsen on Wednesday. Mary Kay entertained some of her frif ids Tuesday night at her home. Watermelon was served and then the girls enjoyed a slumber party. Those present were Patricia Eliason, Rosann Cutler. Phyllis Arbon. Phyllis Larkln, Janace and Karylon Ward. Mr. and Mrs Kiimm c. mire of Pocatrllo were weekend guests of Mr. and Mrs. Harrv T .. ... t xr i wiAAiwara. mnn families spent uie tn at the Woodward home in Logan canyon. We desire to express , f fc creased by de ficit spending, the interest, along with other government costs, will unbearable to finally become year-after-ye- ar taxpayers and otherwise unman-agab- le by fiscal manipulations. Then would come a default on and government obligations, moans from the millions, of people holding government se curities; or panic inflation en gineered by frightened office holders. An abrupt inflation, drastically lowering the value of the dollar, would permit a payoff on the securities but the payoff would be a mockery, a mere fraction of the securiteies' original value; and the value of savings, insurance, annuities, wages, pensions, etc., would sink. The gradual which is inevitable with any prolonged deficit financing brings the same Phone Don't take chances with your investment in pullets. Put them on Larro Egg Mash and fellow the Larro Plan. Proved successful for 15 years! Come in now. inflation A3 In, ANDERSON SEED & FEED 2541 1 Blk. North of Harris I Service i iuasa KB Ijf J 11 - 75f ! -- fill II II fill y ' sy u if- ,Hitfy - v'--?- : - r- STOCK CAR S3 ? 2 f3 it'' I ' Mi T 1 ? OUTPERFORMS 131 OTHER CARS IN 2178-MIL- E PAN-AMERIC- f Irj ROAD TEST! lJ ' i- -: .: ' w Wjininwminnww' OldKinobile. Try the thrilling "Rocket" ride dale with a "Koket 8" today! ymr SEE YOUR "' - -- -, .f ,fJ -- v. ' v S i :y .v; -- ..- A cart .nt.r.d, but only wd of th Brti ( DEALER Fronk Chevrolet Co. Phone 2311 1 f Ij2 OLDSMOBILE j . M.Mm Hirthtl McOriff, Portland, Ort8on, fla.h., a winning mil ' ",onn victory! 132 American and forign NEAREST ' .. ' U" t "Rocket" nmw4u 5 The "lU-ke3" prmrs it's really great! OMsmol.ile's Fim'tactilnr action star gKwps first place honors in one of the longest, niwt Lazartlous dural.ility tests on record 2.1T8 miles over the new Highway! Here's uiiilwputctl evitlonce unittistakablr? pnnifof the peak performance anJ remarkable endurance built into the our thanks and appreciation to the Tremonton Fire department and all our kind friend3 and neieh- bors who so willingly assisted us at the time of the fire at our farm last week. The L. F. Roundy family mo-- non-predicta- yourelf-ina- kc CARD OF THANKS big-fram- ed Tremontoa flnihd 53 ' (h '""qI |