OCR Text |
Show BEAR RIVER STAKE SETS DANCE FESTIVAL May 6 is the date chosen for the Bear River Stake Dance Festival. The annual event will be held at the girls gym of the high school, and an invitation is extended to everyone to attend. M.I.A. officers in charge announce that a dance will be held following the festival. THE LEADER, Tremonion, Utah Thursday, Apirl As It Looks From Here By W. W. CHRISTENSEN NEEDED: Of Money Supply Non-Pressuriz- Control ed The old saying that "money of is the root of all evil" is, course, an exaggeration. toBut it say is not an exaggeration that mismanagement of our at money supply accounts for and booms evils least two bnsta. Suppose we look at proper and improper uses of money in our economy. Proper Use of Money Supply By way of illustration, picon a playture a "teeter-board- " at a with youngster ground are If the youngsters end. each about esual in weight the board about equal in weight the board is unbalanced. Youngsters frequently correct unbalance by to getting a third youngster stand in the middle, throwing his weight where needed to maintain balance. Our economic "teeter-boaris quite similar, with the Federal Reserve Board in the middle to maintain balance between supply and demand of consumer goods. This is done by raising on or lowering interest rates debank credit money, thereby volcreasing or increasing the ume of money in circulation. For example, if the supply of goods outstrips actual demand, production is slowed by making credit harder to get. Conversely, if demand outstrips supply, production is stimulated by making credit easier to get. If in the process, business profits and demands are about boom nor bust can occur because demand for onnAa will sweeo the marKet clear of goods, and money ine circulation will have demon-Hfunction in w rirnnpr t 't d a case of necessity Ivw MORMONS BUILD NEW ZEALAND COLLEGE the The $7 million Church College of New Zealand, built at Tuhikaramea by Dedication aerial view. Saints, is shown in this Church of Jesus Christ of Latter-da- y s largest, Zealand school New has The McKay. David 0. President Church 24 is April by in the "Mormon" background, it was Temple finest facilities. Like the New Zealand A wave of wholly un justified optimism was sweep the country, and everyway was riding the wave. (2) Ama teur economists were louaiy trumpeting that our economy nently high level of prosperity, had reached a "new and permanetly high level of prosperity. (3) With political overtones. the administration tooK iun credit for the "prosperity," de- econspite the fact that its best Tea- tne ol VSIIXIO V, Soorptnrv o,,,r Wiimnlirpv was tredicting tonroscinn "that Will CUTS your hair." But his was merely really keeps you out of trouble. It has been wonderful weather for pictures the last few weeks. Clear as a bell and green as a guard. I was held up for e four hours last week by a from Christy's Scrapbook By L. C. Christopherson A Careful Man I Ought To Be A careful man I ought to be A little fellow follows me. I do not dare to go astray Fox fear He'll go the selfsame way. I cannot once escape his eyes; Whatever he sees me do, he tries. Like me ha says he's going to be, This little chap who follows me. I must remember as I go winter Through summer's heat and I'm building for the years to be, The little chap who follows me. Author Unknown wilderness. belated effort to balance, we are trying no-inco- ex- 5c TnMntr j Remington OuMtM. PORTABLE Students who use typewriter get up to 38 better grade. thought They express their Father Receives Interesting Letter From Son In Afghanistan however, Ironically, said about the Dtiaiu imnai raiip of the debacle. concluding article of George Bradshaw, who is an Improper Use of Money Supply thisIn the series, preventive measures engineer graduate of Utah State our present TTnfnrtunatelv busts both booms and tvctpm nf monev control does Qffainct presently working ns recommended by leading University, balance the has written an not always promote in Afghanistan will be presented. intended. Willford I King, emm economists interesting letter to his father, George Bradshaw of Tremonton on conditions there. Following are excerpts irom the letter: newsworthy item since we last wrote is probably timet Tt was not at all uncom the one where we became an Dear Mr. Rytting, At any mnn tn seV steam locomotives international family. coun as two now cover well as now a vards in wp over tho been freight year It has the tries. A little over a month ago lines serve connecting to main on the the valley left since I lust George (their son) lett ior major cities. They had sxeam the church in New England and of irom school in Pakistan. He is naving the started a letter change owe I you that feel I an excellent time and reany tvnVc tnr spnrlrntf me the Lead- - to disel. knowledge. He er. It has helped me a great Therp are auite a number ofI soaking up the American in tne is also the only the things "valley boys" in this mission. Hoal in knowing school the and boarding home school back of nnnnrtunitv Vioi tno laboring e w iiivu u w.v. o contact ,ith inHfTrrHmifflas Gibbs while where he stays. We know that Tt helm me to stay in T was in Moncton. Elder Gibbs he gets lonesome for the "OLD with all my friends there. FOLKS," at home but he never New England is a very beauti-rr- -t is from Portage. rnmnlains nor aSKS tO QUlt. me Alblessea has Lord The nt thp country.1U1 yx New to The school is a tainouc though things are quite bare greatly since coming numerous school, and I might add a very the have I haa now England. now, in a month from latest and I good one. They have a new trees will be green and it will exoeriences. The was that of boarding school. This is the first be very pretty. New England is believe greatest me ser year that they have been in the a land of low rolling hills, which conducting and giving hiiildine. It reminds one of a are covered with trees, of lakes mon at the Methodist sunrise We state side motel. George gets Easter morning. and streams and is a sportsmans service Knmp once a month for a few very fortunatt in having paradise. Tourists are starting were evnerience. a lot US cave It thie days vacation. During these few continue to come now and will so is badly days vacation he is m tne swim to do so during the summer of publicity which nas. neip-e- d ming pool almost constantly. a in area, this it needed is tnnnthc Maine basically Th wpather Has Deen very into many entrance us gain land with their chief warm the last week or so. The homes. tourists. income being in use I hope this letter will help swimming pool has been At the start of my mission I were and now weeks several to all my friends there for was assigned to Oxford, Maine sav hello outside movies. fnr the some in repay Way will and and one I spent the next two should ' them for their faith and prayers The next show we have Vnjif months thpre Mv compan in offered my been have that ion and I had many wonderful the Lord continue Myrtle is off to the Bridge behalf. experiences with the people to bless May is my prayer. Games tonight. They give a case of all you there. They were exceptionally f Konr fnr hieh score and n Sincerely. friendly people. Nothing like Elder Richard J. Funk package of cigarettes for the low the New Englanders I had heard t m tht add tnai myn so much about. The people are of U. S. comes home with the beer more 27 percent Nearly a reserved but once person gets drivers involved in 1957 traffic times than she does tho cigarshe to know them they are a warm fatalities were under 25 years ettes. The word is out that and friendly group of people. a playhas become quite Bridge of age. of my months The next seven mission was spent in Canada. It was really a choice experience to labor in New Brunswick. I worked in a city of 50,000 population bv the name on Moncton. It was better than 50 percent TVn.h Althnnph I did Dick up Of the French o faw r rases " nh it was auite an exper . .. lancniatrp r " ience to can on a jjvimmi ft jr eh didn't speak English New Brunswick is quite a number of years behind the "states" as far as progress in industrv goes Moncton is therailroad center for the Mnrinense. ' Kut-chi- Carivan. We woke up to the bleating of sheep and the hooting of herders at 5 a.m. Thev oassed our camp in a steady stream until nearly 11 a.m. We estimated about 50,000 sheep, 3,000 camels, 1,000 burro and horses and at least 3,000 s snow, people. I sat out in front of our camp and shot four rolls of film. It was a fansastic sight and one that I never expect to see again. Those people live a life that is almost beyond belief. It is rough and tough and I would say that they are probably the last free DeoDle in the world. They are being slowly pushed a few Well it looks as if we won't out and will be gone in years. return to the states until some time this fall. If all goes accordMEET ing to plan we will be leaving Club met about the end of September. I The would like to be home for hunt- Sunday evening at Friendship ing season and Myrt and George Hall, Tremonton Community-Methodiwant to make it for Christmas. Church. An interestAt any rate we will be home ing review of Buddhism, the when the works all done next third in a series of the World's fall. Great Religions, was presented We are down to an eight hour bv Mr. and Mrs. Sam Woerner. day, six days a week, and the Mr .and Mrs. Linn Capps served spare time is much appreciated. refreshments to the six couples This won't last long as we are present, and devotional services Mrs. going back on the old ten hour were presented by Mr. and shift in another week. Boy that Thomas Harrison. w to pump billions of dollars into hands of low-an- a - mio STUDENT NEEDS A y. ing at the taxpayers' EVERY built by volunteer laborers. m err mine GIFTS GRADUATION raised the interest rate on credit money. Board mem bers knew, of course, tnat we had fnr vears been living in a fool's paradise of economic un balance, but pressures ouxsiae the Board delayed positive action until too late. Suppose we identify some of these pressures. in th in a da IN TIME FOR Ttnarri i,ni Nr Lu-cin- Patsy Mann and a friend spent RADIO SERIES TO CONTINUE James Creager of Ogden Adam The third in a series of talks the weekend at the by the Women's Brenkman home. sponsored ent economist, summarized the reasons this way: "Our Money Supply Expands When It Should Contract, and Contracts When It Should Expand." Our recent boom period perfectly illustrates King's point. "Cheap" money was poured into expanaea production and business profits at the very time that supply of consumer goods was lar aneaa demand. of actual consumer Much too late to correct the unbalance the Federal Reserve w-'- Union Christian Temperance 1 p.m., at Sunday be will given over KBUH, Brigham City. A member of the speecn ciass at Bear River High School is scheduled to give the talk this week, according to Mrs. Jensen, state president, who is presently in charge of the program. Elder Richard Funk Sends Greetings From New England LIFE-LINER- more more quickly and worTi clearly- And typed JoTrluch neater and easier ask to read! Most students - rjolet-rrfor the RemlngtM because it's the only portable withHiraclaTabnXrger-Jize- S Life-Line- y A rs st Super-itrengt- d h Cylinder. Ribbon Frame. Simplified rd y Changer and full d Key Finger-Speewith .nthPa are the feature I need a no wnt .TCTs Come in and Ust type it! SUPPLY ADER OFFICE TREMONTON - Get the v MY si I - Change to (Woe) PAY a nen by the Same Formula nv5o I.F.ADFK IM HUSHING COMPANY, Inc. RATION Al ill J i. RYTTING Editor. Publisher N. i0 I ; vN', X 'I r- - i i ' ' J ri A 'l Choose the grade your car it de- signed to use Ultra-PowRegular for most cars and Ultra-PowEthyl for those with higher compression. Utoco riarh, car perform J v . y y Month's Supple l v. jr- bt at It and quality gasolines are (anti-knoc- at Ultra-Powe- r all time highs. For greatest motoring pleasure, drivt into a Utoco station and get the cart your car deserve. gj it I - wyy S your Octane ratings of xpact mora from Utoco and yew You ' Gat- - Ultra-Po- olln,crotdbymodm will male J g - "s, i V Givei new cars more muscle, old car more life, makes traveling fun and thrifty, loo. V jy S M j iap UTOCO f capist J UTOCO f i, I 5.97 D,T0,TL ... ask viirprnil'TlON RATES (in; A - ?V ' nffc.. ' - f L You'll thrill to a new concent of smooth, surging, knock-fre- e power. SOLD HERE FOR ASSOCIAIIWN $3 50 prr. year. advance! Entered at the post office at Ctah as Second fremonton. Clin mailer Ortnher 15. 1925 under act of March 3, 1879. -- I- - I I I House to House? 1. 1: 1 f t' ' " S V.!? f'I jtY f 1 For Vitamins Sold i: tiiTublishpd fS;., ' f fJ m(00P Htr art othtr Utoco top quality product and trvict. all wtathr Motor Oil. UTOCO Super Permalubt-fm- eit ATLAS Tim, Baltrie and Acciorit guaranteed by the Pharmacist at GITY DRUG ASK AND HECEIVE THE Tremonton Utah Oil Refining Compony. honored by 38.000 deoltn from coait to coait. Courleoui tnndly White Torch rtt roomt rit Phone AL UTAH 1 t - - - 'mi nur i If i tiiiiiimniirr ininm fifnuiturii- ' Oil HlflNING CO |