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Show E .i i The Paper That Dares To Take A Stand June Higher Interest Rates For Americans Lower Interest Rates Communists These The Senate WASHINGTON today (6773 defeated an amendment offered by Senator Jesse Helms of North Carolina which would have forced communist countries to pay the going rate of interest on food purchased under the Food for Peace The program. Helms Amendment to the Farm Bill, also called for defeated transactions to be iii dollars. In a speech on the Senate 52-3- 9, Helms floor. said his Amendment was designed to protect the American taxpayer from reoccurrence of last year's Russian wheat deal when the Federal money as wastefully as possible. Which, naturally, requires ... 5. Deficit Spending. You don't think your Congressmen are going to vote to raise your taxes to pay for this, do you?f Not if he wants to be It's politically safer for him to vote to raise the debt limit again. He knows that most of us don't realize how that hurts our country ... and our pocketbooks. All of which leads inevitably to ... 6. Inflation: of the supply of money and credit. We could put a stop to the wild deficit spending causing the inflation if we started turning in our currency for gold and silver. However, over the years, we have lost our right to own gold re-elect- ed! over-expansi- on government contributed millions of the taxpayers' dollars in export subsidies. I believe Congress should assert its prerogative to prevent subsidizing sales to Communist Helms told his countries, Senate colleagues. Helms said his Amendment would have allowed sales to these countries, but at an interest rate equivalent to that being paid by the United' States on money it Government borrowed at the time of the sales agreement. In an appeal for passage of the Amendment, Helms asked his Senate colleagues to consider the carrying charges on the. national debt already accumulated for this generation." Simple arithmetic," he said, discloses that it costs the taxpayers of America $40,000 a minute simply to pay the interest alone on money spent in excess of receipts by the Federal Government. This must stop. There is no earthly reason satisfactory to me why we should subsidize other countries, and 4We Moimifh 12. D. cmd To Iht Ceio Lfafr. ard TaA a countries, interest rate, when the taxpayers of this country are being required to pay 7 percent, roughly, for the money which the Government borrows in their name." Helms said earlier that he will support the Farm Bill because it many worthwhile provisions. A member of the contains fair - Agriculture and Forestry, Helms filed a dissenting view to the Committee report last week. He credit opposed the a and to Communist countries provision to give food stamps to households where the head of the household was out on strike. The Helms Amendment was st cosponsored by Clifford P. Hansen Dewey Bartlett (R-Okl- a.), Senators (R.Wyo.), Strom and Paul J. Senators Carl T. Fannin and Harry F. Curtis spoke in support Byrd, Jr. of the Amendment on the (R-S.- ONLY 1 (First) (Last) (Middle) Address (Numbsr And Street) (State) (City) (Zip Code) (First) 8 (Lat) (Middle) (Number And Street) (State) (City) (First) (Zip Code) (Last) (Middle) (Number And Street). G), (R-Ari- z.). (State) (City) (Zip Code) 10 (R-Ne- br.) a.) Senate floor. (First) (Last) (Middle) (Number And Street) The weakness of many Conservatives is their reluctance to recognize that the revolution has somehow gained control of the federal judiciary. (State) (City) (Zip Code) Send book to: ir. (First) (Middle) (Last). (First) (Up Cade) (CNr) Medford Evans (City) (Stats) (Middle) in a free society) Gary VanHorn on Committee low-intere- .Name. TIME vv 11 are Population Control , Abortion, Forced Sterilization, Tax Penalties on Large Families, And so we pass from crisis to manufactured The crisis. solutions proposed to solve each of these situations invariably have at least one feature in common: More power to government; less liberty for us. You say Oh, thats all right; the government is us anyway, you know. We control it". Hmm. Say, you wouldnt want to buy a good bridge, would you? It's clear over in Brooklyn,, but it's a steal at $100. and I know a man who would be delighted to talk to you about it 2469 Myor Straet, Sdt Lake City, Ltah 841 75 LIMITED ' Independent Page 13. (Slifle Sabscrlpf laas $6 pit Year) at- . and Send at least $5.00 and 5 names. If you send at least $10.00 a nd 10 names, you will receive at no extra cost a copy of None Dare Call It Conspiracy Independent i, Nationalization of Businesses' 5 Subscriptions Minimum The m replaced by ration clerks, (necessary for the distribution of the too little" produced by a regimented slave society) .... And gives excellent opportunity for ever more strident demands for need more subscribers! O You and your friends need the Utah Independent! O with Thurmond and have seen all precious metal backing removed from, our currency. This is followed, eventually by ... Devaluation. The American dollar, once accepted the world over as good as gold," has been weakened until it's almost not worth a continental." If this keeps up, I don't know what we're going to do with the crisp green. It won't even make good toilet paper. This results in ...8. High Prices. As that paper becomes worth less and less, it takes more and more of it to buy something. If you put water in the wine, no one but a fool believes you've made' more wine. We then have a fine excuse for ...9. Wage and Price Controls. is produced Communist particularly Senate people your freedom to choose what you will charge for your goods or services and what wages you choose to pay to those who work for you. Which ultimately leads to ... Shortages. No businessman in his right mind will continue to provide goods or services that cost him more than he's allowed to charge. If the government won't allow him to make a profit sufficient to justify the risks of running a business, he'll try to put his money elsewhere. Which in turn provides a dandy excuse to clamp on ... 11. Rationing of housing, food, clothing, gasoline, tools, and every other thing needful for human sustenance. You say a man is no longer free if you control his access to these things? You're beginning to get the picture. Now we're getting closer to a Socialist society where salesmen (necessary for the distribution of the too much controlled Continued From Page 10 COMMUNIST COUNTRIES are : t f i ! 21, 1973 The UTAH controls." What's being For HELMS LOSES BID TO HALT LOW INTEREST CREDIT TO actually . (Last) |