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Show June 25, AT MERCY OF FEDERAL RESERVE By Congressman John R. Rarick creates the possibility of devaluation of our money. Since U.S. dollars possessed by the German Bundesbank are reported to exceed all U.S. gold People are hearing about rejection of the U.S. dollar by foreign governments in Europe. The news seems designed to reassure them that loss of faith in the dollar in Europe will have no effect on the dollar here at home. holdings, what happens if Germany, Switzerland, Austria, and the Netherlands demand gold and we cannot pay? How docs a nation politely go bankrupt? Or do we just assess our people by West Germany, Switzerland, the Netherlands, Belgium, and Austria have slopped supporting the price of the dollar by refusing to pay the official exchange rate. This refusal to accept our dollar raising taxes? The effect of international repudiation of U.S. paper money must eventually affect us all. It will be felt like a new wave of inflation lessening the buying power of our dollars, or it could be explained as diminishing our paychecks like the passage of a new hidden Federal tax. Most understand that if something is not done to solve the problem it will not go away but get worse. But we can be quite sure that any proposed solutions will not include withdrawal of troops from Germany nor stop- - The UTAH INDEPENDENT 1971 years I have introduced a bill to allow American citizens to own gold, why 1 cast our vote against removing silver backing of our paper money, and why I have proposed to the Congress a bill, II.R. 351, to buy back the 12 Federal Reserve hanks to take away control over our money from the international hankers and return power over our money to the people through llieir elected representatives in llie ping foreign aid nor requiring the French to pay their World War I debt owed to us. Now that gold cannot be owned by American citizens nor paper redeemed in silver, the bank accounts and paper currency of our people are at the mercy of the dictates of the Federal Reserve Banking system not for the best interests of Americans hut to save face for international bankers abroad. This is why for the past five How Did The Water Get In The Watermelon? Don French's William Jennings Bryan By was passing through Co- gone to work. It had gathered lumbus, Ohio, some years ago from somewhere two hundred and stopped to eat in the thousand times its own weight restaurant in the depot. My at- and forced that enormous tention was called to a slice of weight through a tiny stem watermelon, and I ordered it and built, a watermelon. On the and ate it. I was so pleased outside it had put a covering of with the melon that 1 asked the green, within that a rind of waiter to dry some of the seeds white, and within that, a core that I might take them home of red; and then it scattered and plant them in my garden. through the red little seeds That night a thought came into each capable of doing the same-worover again. my head I would use that What architect drew the plan? watermelon as an illustration. I when Where did that little watermelon So, the next morning reached Chicago, I had enough seed get its tremendous strength? seeds weighed to find that it Where did it find its flavoring would take about five thousand extract and its coloring matter? watermelon seeds to weigh a How did it build a watermelon? pound and I estimated that the Until you can explain a waterwatermelon weighed about forty melon, do not be too sure that pounds. Then I applied mathe- you can set limits to the power matics to the watermelon. A of the Almighty to tell just how few weeks before, someone, 1 He would do it. The most know not who, had planted a learned man in the world cannot little seed in the ground. Under explain a watermelon, but the the influence of sunshine and most ignorant man can eat a showers that little watermelon watermelon and enjoy it. The seed had taken off its coat and American Way Features I aunonr ESTATES.INC. are heavily timbered recreational lots for the individual who seeks to escape to the wilderness country where the skies are a dazzling blue, obscured only by '. now capped mountain peaks . . . where there is acre after acre of green meadow and stately timbers . . . where the air is pure and smells of pine and wild flowers . . . where you may live on a nnvdte rec.ieation lot m your own in the true silence or an evergreen toicsi. 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Reg. $12.50 Now $10.00 Adriioss ret.reationai ar-rlike in know moie aba your offer. f"j am i proerhe?- a,'H would i M GENERAL NUTRITION CENTER L RAMSHORN ESTATES, INC. I - 444 So. STATE SUITE 100 SALT LAKE CITY, UTAH TELEPHONE 359-666- 1 359-666- 2 Page 11 Valley Fair Mall |