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Show The Paper That Dares To Take Page 2 The Utah Independent August 25, 1977 iiS ihe Constitution, Liberty, We like to receive Letters To ,d.P.d., Morality-- , and Truth Where the Spirit of the Lord is, there is Liberty II Corinthians 3:17 jjtlffirnrfiTrirffiiii'iiiinaMiiiiimitiiMikiaimaaiMMftjG KERSHNERS COMMENTARY By Dr. Howard E. Kershner Inflation Distinguished economist Henry Hazlitt says: d)or should be typed (double-sp- a an of side one written legibly on 8x11 sheet of paper. 2. We will publish these letters regularly as space permits. We appreciate the fact that some subjects require more length. In such instances they should be submitted as News Articles and will be subject to our regular editorial policies and current needs. News items Must Be Fully Documented. We want to print Many ONLY THE TRUTH! .hanks. THE EDITOR ABUSED CHILDREN act on the part of Inflation government, and sets the example for private citizens . . . Diluting the money supply with paper is the moral equivalent of diluting the milk supply with water. Notwithstanding all the pious pretenses of governments that inflation is some evil visitation from without, inflation is practically always the result of deliberate governmental policy. Distinguished economist Prof. Patrick M. Boarman, U.S. International University, San Diego, says: The store of value function is, contrariwise, of extreme importance in a society in which relations of trust are defined in monetary- terms. The historical record makes clear that a developed free ... - society, deprived of the support of stable money, sooner or later decays into social anarchy- - which, in turn, is overcome by one or the other form of totalitarianism. In the preceding quotations, we have statements from two competent authorities concerning the source and result of inflation. Prof. Boarman states outright that when we abandon stable money, we are inviting social anarchy that leads to the totalitarian state. It has been my observation from listening to everyday conversations about inflation, that there is a tragic lack of knowledge in this area of economics among the general public. Suppose inflation gets worse? What would we do What can if inflation reached the galloping stage? Must we be the helpless be done to control inflation? victims of it? Being afraid of inflation is like being afraid of ones shadow. As one creates his own shadow, so acting through government he creates his own inflation. As prices rise as a result of inflation, people demand and get higher wages. As at least 90 percent of the cost of goods and services is the factor of wages, this leads to still further increase in prices. This triggers deficit spending as the only way to meet rising costs. These deficits are covered by further increases in the quantity of money, and since an increase in the quantity of money is the proper definition of inflation, the cycle Continued on page 3 U1 JU Independent Salt Lake City Utah The Utah Independent Is published by the Utah Independent each T ues-da- y at 57 East Oakland Avenue, Salt Lake City. Utah 84115. Yearly subscription rate is $10.00 by surface mail in the United States, $15.00 foreign. Second Class Postage Paid at Salt Lake City No. Snd X642X0 change ol address lorms and correspondence to 57 East Oakland Avenue, Salt Lake City, Utah 84115 Utah's Largest and Fastest-:- ' Growing. Subscription Weekly TOM ANDERSON The Editor. Frequently, however, these letters arc much too long for us to use. For this reason, we are adopting the following policy: is itself a dishonest The Stand POLICY NOTICE Dedicated To The A Dear Editor: The general lack of public interest toward present, fragmented efforts to alleviate child abuse can be largely attributed to lack of first hand exposure to the horrors of child abuse and neglect. Social workers, doctors and nurses who administer to the plight of the battered child, seemingly' plead in vain for an amusement of public support. Ultimately, no one in society fully escapes the effects of this social tragedy. Broken homes, heinous murders, perverts and deviants injurious to an orderly society often are the fruits of child abuse and neglect. There is nothing as tragic as a human tragedy that could have been prevented. Someday, though its attainment may be far off, people may become more capable of feeling other peoples pain, and mans inhumanity to man will cease. Hopefully, House Joint Resolution 41, Abused Children Study and Recommended Legislation Resolution, will serve as a catalyst toward such a noble Public participation objective. toward the accomplishment of this Resolution is invited. Contact the Research Legislative Office, for further telephone information. 533-548- 1, Respectfully yours. Rep. Jack Smith Grantsvillc, UT 84029 GREAT SWINDLE To the Editor: One of the greatest swindles in history is being played on American citizens. It involves giving away United States property and paying billions of dollars for the privilege! This con game is nearing completion but. still time lor fortunately, there the citizens who arc us, end to the going bill, to up footing thwart the scheme. In spite of the Mickey Mouse wording of the New Panama Canal Treaty", giving the U.S. a small vestige of control of our Canal for a limited period of time, the end result is surrendering our control of territory vital to our defense. We arc told the Canal is If so, why did the obsolete". number of warships that paWd is tax-pavi- ng Leftist columnist LEE, HERTZBERG & CARTER For selling secret CIA documents to the Soviet Union, Andrew Dalton Lee, 25, has been sentenced to life imprisonment. William Safire reports that in an interview in Peking, a Chinese Foreign Minister informed him: In the U.S., only 5 percent of the population enjoys human In pronouncing rights, and 95 percent dont The comrat have them. conceded that five percent of Chinas 800 million sentence, the Judge said this man was willing to do anything to hurt his country so long as the price was right. That should qualify Lee to head up any one of several hundred American big businesses. people dont have human rights. Does he mean human rights or human rites? About seven or eight percent of the Chinese have been rewarded with the Another young man, ultimate of human rites -they were murdered. An estimated 60 million Chinese have been murdered since the advent of the hero who was Mao Tse-tun- Rick named Hertzberg, has written that America should destroy its nuclear weapons because in case of nuclear war, it would be undeniably better for the g, admired by Roosevelt, Marshall, Nixon, Ford and Carter, among countless other American leaders. States alone to be United destroyed than for the Soviet much world well. In wrote Then, in addition to the sixty million slaughtered, there are another 40 million Chinese enjoying their human rights in Union, Europe and of the rest of the to be destroyed as May 1976, Hertzberg about the Communist conquest of Vietnam, camps. Or, plain English, prisons and dungeons. declaring: I welcome their victory ...as a pacifist I take some comfort in the fact that the Communist victory was not a military but a moral victory. And now the Cambodians and Vietnamese have been and are being slaughtered by the millions. is the son of a Socialist Party militant. Hertzberg Wonder why doesnt 34-year-o- newsman Safire tell us the truth? ld Socialism and freedom are inseparable, the young revolutionary wrote in February 1977, the UPBRINGING see by the papers, as Will Rogers used to say, that Socialist idea is to extend I the freedoms and Louisiana Governor Edwin Edwards sees nothing wrong in his wifes accepting 510,000 in cash from South democratic methods that Korean businessman well. And where is this young now? No, unlike traitor Lee, he has not been sentenced. But he is making sentences, as a speechwriter for President Carter, at $32,500 a year, Tongsun Park, even if he headed the Korean CIA. the as democracies economic sphere anti-Americ- Edwards could be telling the truth. Perhaps hes like Spiro Agnew, who Im told by people in Maryland had always, in his public life (like most other Maryland an furnished by tax-payin- g patriots. politicians) taken under-lhe-tabl- bourgeois in to exist imperfectly Helping the enemy does not always get the same punishment, but its still treason, whether your name is Let, Hertzberg, or Carter. A merican Way Features e gifts and to this day doesnt see why thats wrong. Its just a matter of how youre raised, you see. Ir. Readers' comments and some African colonies, Unaccepted thing to do is to kill off your parents once questions are welcome. Please write us at " The American Way Features, " P. O. Box 990, Pigeon Forge, TN 37863. they get to be unproductive. There s a lot of confusion among many people concerning the drought. If you have a question or a suggestion, contact no. right to strike against the public governors Drought Center at (80 safety the 533-777- 7. Ifs 1 ) fo'cafcd' In the Capitol Building, Room 216-- C. There is hy anybody, anywhere, anytime. Calvin Coolidgc |