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Show THURSDAY, NOVEMBER 20, 1969 PLEASANT GROVE REVItW, PLEASANT GROVE, UTAH THURSDAY, NOVEMBER 20, 1969 Post 70 Honors Ladies at Dinner Party Celebrating 50th Year Members of American Leg-ion Post 70 celebrated 1969 Veterans Day by paying honor to the Ladies of American Le-gion Auxiliary Unit 70 at the Golden Anniversary of the Aux-iliary last Thursday night. The affair was held at the Manila Ward Cultural Hall and featured a chicken dinner and a program emceed by S. W. Hilton. The meal was prepar-ed and served by the Sixth Quorum of Elders, their wives and a group of neatly dressed girls. Guest speaker was Kay L. Jacobs, a Legionaire, and also a Captain in the U.S. Navy Re-serve and executive vice pres-ident of Bank of Pleasant Grove. Mr. Jacobs spoke on the subject "America and Its Preservation." He said that many of the subversive ene-mies of our country are unseen "We should never forget that America has become great through a position of strength and our first priority is war on the violators of law and order," Mr. Jacobs said. The "silent" majority should become the ac-tive majority, he added. Other numbers on the pro-gram included the following: First and last stanzas of Am-erica, directed by Pearl Mc- Millan, and accompanied by Reva Ahman. Prayer by Post 70 Chaplain, Oscar Evans. Pledge of Allegiance to the Flag led by A. B. Gibson and a "Moment of Silence" in honor of all deceased servicemen. Tribute to American Legion Auxiliary by Karl Banks and a response by Arvilla Harvey, president, Unit 70 Auxiliary. Introduction of delegates to 1969 Boys State, Brian Engh, Scott Wall, Dale Anderson, and Kent Reimschussel by Riley Richards. Report by the dele-gates of the Boys State activ-ities. Vocal solos by William E. Petersen, "Our Country" and "Born Free," accompanied by Florence Holt. Greetings and reminiscences of World War II by Pleasant Grove's mayor-elec- t, Jack E. Cook. The tables were decorated in a patriotic motif, by Louise Heidenreich and Thelma Barn-es. Parents of the Boys Staters were invited guests. Sound Money Should Be Aim Of All Citizens in America Today SOUND MONEY The following article is furn-ished by the bank of Pleasant Grove as an interesting article on "Sound Money" in an effort to let people become acquaint-ed with banking and money procedures. Since money is a commodity, it has characteristics which we can describe. Money is termed "easy" when there's too much of it, and in this case, the value of each dollar is reduced. That's why too-eas- y money is sometimes referred to as un-sound money. At the other ex-treme, when money is very scarce or too hard to obtain, it is described as being "tight." Somewhere in between is stable, honest, or sound money This is the kind of money ev-erybody really favors. It's the kind of money that will have as much buying power next week, next month, and next year as it does today. Thus, sound money becomes the ser-vant of the economy, whereas unsound mony often becomes the master. Those who have experienced unemployment and other eco-nomic distress in depression and deflation, as well as those who have seen the value of their savings, insurance and current incomes eaten away by ifnlation, understand the dam-age that can be done by an unstable dollar. Our goal must be sound money money with a constant value. Nothing less than national security is at stake, for with-out sound money, we could face ultimate deterioration of the great productive power of Am-erica the power that has won two world wars, the power that has been made possible by the wise use of our money and other resources. With sound money, Ameri-cans will keep on saving parts of their incomes, and this will make possible further invest-ments that will develop more employment and better prod-ucts for a more fruitful life for all. A prosperous nation, with high levels of employment and production, can only be assur-ed by sound money. Sound money may be said to rest on three pillars. The first is a wisely and effectively man-aged government budget. In times of full employment, when inflation threatens, it becomes the responsibility of govern-ment to adjust its taxing and spending policies so as to check the tendency toward a rising price level. When unemploy-ment is high and industrial pro-duction is lagging, it again be-comes the responsibility of gov-ernment to bring about an in-crease in employment and out-put. Such responsibility is clearly prescribed in the Em-ployment Act of 1946 which was enacted by the Congress of the United States. Government has sevreal "tools" for use in meeting these responsibilities, the main ones being taxing, spending and bor-rowing. However, we should un-derstand that an irresponsible policy of running deficits (or surpluses) year after year, without regard to the effect on production, employment, and the purchasing power of the dollar is a harmful and practice.. The second pillar of sound money is a properly function-ing Federal Reserve System. The Federal Reserve can and should use its powers to keep the market for credit orderly and to avoid excesses in the direction of either inflation or deflation. The third pillar is proper debt management. Careless in-curring of indebtedness, wheth-er public or private, will lead to financial troubles that may weaken the entire economy. To- -' tal (net) indebtedness in our country in 1965 exceeded 14 trillion dollars. The net Feder-al debt is now more than $270 billion. State and local govern-ment debt together amount to about $93 billion. Total private debt, including that of corpor-ations, amounts to almost $900 billion. The state and local por-tions are increasing most rap-idly. The federal portion is in-creasing least rapidly. When wisely incurred for construc-tive purposes, borrowing is a boon to the economy. What can you do to help achieve sound money? 1. You can limit your de-mands on the government for all kinds of additional and self-ish benefits, which might cause the government to spend more at a time when inflation is threatening. 2. You can indicate your de-sire to have both business and government operate with in-creasing efficiency and with full respect for sound economic policy. 3. You can spend your own incomes prudently, save wisely and produce efficiently. Shop Classes (Continued from page 1) ders, book covers, etc., can be made. With plastic, liquid and solid types can be poured or press-ed into many beautiful and or-namental articles for homes. How about investigating this project for Christmas gifts? This is the place to visit to become enthusiastic about do-ing something new and crea-tive. Go in the north door. Robert Scholes is instructor and will be glad to help you. Pall Tiineyp Why put up with slow starts, hesitations or just a sluggish engine? A Fall Tuneup will eliminate these troubles and your worries, unless your car needs further attention. Whatever your needs, we can fix it at . . . Wii-tSn- fly F171 1 90 EAST MAIN AMERICAN FORK PH. 756-358- 6 GUARANTEED AUTO REPAIRS WEDDING INVITATIONS PLEASANT GROVE REVIEW M INDEPENDEN1 DRUGGISIi LEAGUE " "' ''''""'''f''''"''' ' fiMf j PHARMACIES ; . M A p PRICES EFFECTIVE NOVEMBER 19-20-21-- 22 4fs WEDNESDAY-THURSDAY-FRIDAY-SATURDA-Y! " ' hteT' H HAI KRATE HAI nSPpSl MJ0U M er Stave Lotion KARATE j LiR . imi-r- f PECAN L0GS lmW$..5o ssss iff 8M3f1MW mc NOW! $599 i AYDS ii BLACK BELT Gift set I BLACK BELT I I N CANDY REDUCING PLAN M Cologne and Lotion g AFTER SHAVE LOTION ! ( ,(lAJ'''NOA J CT ft fll y"0 iX Not eery man gels to pgil wis Not every man gets to wear t B'Clt Be',! he Blck Be"! J Spjl j jj SMA OAP iR, BLACK BELT MMW DELIGHT W ill dBllSllK Jk BUSTEX l SILKEN DELIGHT SILKEN DELIGHT B' IjmWffl REG,49c ftl REG-49- c fflpSfi m Hi SHAMPOO CREME RINSE o I ' C0NTAC j TAMPAX PEPSODENT I wi. tj0lDCAPS! fe2PN 40s UH TOOTHBRUSH ' NJyy re6.ji.s9 ; i '2 J NOW ' TO Adull Sue Reg. m (2)(9) Hi U ill ul li Biiwrmwiiw A Fireplace from Otto Buehner Co. Adds value to your home... Adds joy to your life Whether your preference is a custom design in natural, gleaming marble ... or a pre-cas- t fireplace of lustrous Iridestone ... or a pre-fabricated, "built-in-look- " model that can be installed in a house with no existing chimneys ...Otto Buehner Company can have a fire-place in your home in days. Visit Buehner's big display room for free estimates, free ideas. mmmm City Fathers (Continued on page 2) tion, asked permission to store used brick temporarily on a portion of the City Industrial Park area. The request was granted. Mayor Harmer read a letter from the U.S. Housing and Ur-ban Development Agency to the effect that federal monies for Pleasant Grove's newly completed sewer extension pro-ject would be available soon. |