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Show I I Is PS V . f I l AND SECOND grade students from Mountain View Elementary school ore pictured duringcaroling Monday when they presented a gift and sang for FIRST local senior citizens Volume 68, Number 52 The Christmas spirit was dished up in rich helpings Monday as 310 students from Brigham City's Mountain View Elementary school went caroling and The youngsters, riding five buses, visited the homes of senior citizens; many of whom live alone, in the school attendance . . like Mrs. Mabel Nielsen, 419 South Second East, pictured here with student Samuel Herrera. . . Brigham City, Utah 84302, Thursday Morning, According to Babson s Report Their reward was the tears, smiles and good wishes of the elderly recipients. And a keener awareness of what Christmas is really all about. Principal Glenn Smith said they prepared 60 plates of fruit, donated by the students, and cookies which were baked by PTA members. They sang We Wish You Silent Night, yuletide favorites. Christmas, a Merry and other Its the second year weve done it. All the students and teachers felt good about it and the children havent complained at all about doing this instead of having their traditional gift exchange, Smith said. Principal The PTA is handling the cost of the buses, he noted. No 'boom' but 1 976 should produce gains (Following is Babsons Business and Financial Forecast for 1976, a look into the coming year as perceived by Publishers Financial burea. This is an annual feature of the Box Elder Journal which readers should find interesting.) In its forecast for 1975 published a year ago, the staff of Babsons Reports envi- sioned an unfolding scenario far less pessimistic than the general atmosphere prevailing at that time. Kiwonians give to kids at Utah training school Fifteen students at Utah State Training school in American Fork enjoyed a recent visit from Santa Claus, thanks to the generosity of the Brigham City Kiwanis club. Each received a box containing items which he or she had requested. Included were socks, T shirts, combs, musical toys, coloring books, balls, fresh fruit, candy, nuts and large balls. Some even received transistor radios. This is the third year that local Kiwanians have adopted students from Box Elder county in this yuletide President Glen Fife said. this year. Glade Harrison and Carlyle Jensen were to the were boxes the delivered their arrangements, Through school in time for giving at the annual Christmas party. The Kiwanis club wants to thank J. C. Penney company, Breitenbeker Electric, George Nielson fruit stand and Hamilton Drug Centers for their cooperation in offering special prices and donating many items, Fife said. gift-givin- '1 vl r'3 u g, The primary message then was that the nations problem for the ensuing 1975 calendar year was a recession and not a devastating depression. This thesis was predicated on the probability that recuperative forces would start to emerge as imbalances in the economy were corrected. Babsons 1975 forecast also called attention to the various cushions which would play a vital role in lessening the severity of the recessionary forces despite the doom and gloom psychology holding sway as 1974 drew to a close. At the same time, however, the forecast warned against expecting the sort of rapid recovery from setbacks that this nation had experienced over the past 30 years. The causes of this latest recession were and there was no particularly question but that they would be difficult to cure. deep-roote- d 1976 Overall Prognosis Favorable Everything considered, however, the staff of Babsons Reports forecasts further economic progress for 1976, even though readers of this column should not expect a return to outright boom conditions. Unwieldy inventories and short-terbusiness and consumer debts have been reduced over the past year or so, but the real stuff needed to spark a protracted upsurge aggressive business and consumer purchases, plus massive capital are simply not on the expenditures horizon. As things stand, the first quarter could well be the best part of the year in terms of economic expansion. While the ensuing quarters will tack on additional gains, the size of the improvements will diminish as 1976 progresses. But the key is that the trend will be upward throughout the entire year. year-to-ye- GNP With and Without Inflation In terms of current dollar value, nations gross national product in the 1976 should score an advance of some 11 percent over the 1975 totals that look as though they, in turn, would barely eclipse those of 1974 when final tally is made. While an increase of 11 percent may seem impressive, the force of upthrust will not be all that great. The broadest gain will be seen in the first three months because this quarter is compared with the deepest point of the recession when the rate of inflation was still intolerably high. The pioderate and nature of the business uptrend can be better appreciated by projecting the GNP on a constant-dolla- r basis (1958 as the base period), adjusted to remove the influence of year-to-ye- low-ke- y inflation. real percent above that for 1975. This upshading is only a bit greater than the basic growth rate of the economy and surely does not merit a boom" label. Babsons Reports projects the GNP for 1976 at . 20 PAGES December 25, 1975 SC dhiyrdu gift-givin- area. . 4 Keep An Eye on Inflation By and large, 1975 witnessed a fair degree of success in damping the fires of inflation. While this corroder of purchasi- ng power remains uncomfortably high, its impact has been materially reduced in the course of the past 12 months. In early 1976, inflation should be moderately well contained, but with the advent of the spring months upward pressures will again strengthen. As was the case in the past two years, this will be due to cost-pus- h rather than demand-pul- l factors. The latter, however, could compound the problem somewhat in the middle and iatter parts of the year as business makes headway. In the initial months of 1976, inflation will not build in direct proportion to the aplitude of new wage hikes, since the substantial reservoir of underutilized on Page 8) services to bsirv dhirostmeas. Christmas season services are sched- uled at several Brigham City churches this week as Christians here, as around the world, give attention to this special ob- servance. St. Michaels Episcopal church, 571 South Second East, will celebrate the Mass of the Nativity of Our Lord at 9 p.m. Wednesday evening. This celebration is one of the three great festivals of the Christian year and a day of obligation, a spokesman said. Special Christmas eve worship services will be held at Holy Cross Lutheran church, 705 East Second South, at 7:30 p.m. and will be a family candlelight service. Families with young children are most welcome to this worship time to celebrate the nativity of our Lord. The offering received that evening will be divided between the World Hunger Appeal of the Lutheran Church in America and the local needs of the Brigham City Pantry agency. "All persons are welcome to attend this service and to join in the festive celebration, a church spokesman said. Also on Christmas eve, everyone is invited to attend a candlelight cantata at the Community Presbyterian church at 11 p.m. Communion service vill follow. The church is located at 304 South Second East. A Christmas Day service is scheduled at the Christian Reformed church, 625 South Third East, beginning at 10 a.m. Midnight mass will be celebrated at St. Henrys Catholic church, 380 South Second East, on Christmas eve. Afterwards, coffee and refreshments will be served in the church hall. Other churches in the community,have held special Christmas services, most of them this past Sunday. The traditional Christmas eve musical program of the Box Elder Symphonic choir is planned in the Brigham City tabernacle beginning at 6:30 p.m. It will continue for about an hour and feature familiar songs of the season, including Handels Hallelujah Chorus. County days off Box Elder county employes will have an extra day off during the holidays, county commissioners said Tuesday. Chairman Don Chase said the courthouse will remain open Friday, Dec. 26, and again on Friday, Jan. 2. This is required by law. However, some employes will take one day off and others will observe the other Friday as a holiday. 4. M-- |