The Daily Inter Lake from Kalispell, Montana on November 24, 1957 · Page 11
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The Daily Inter Lake from Kalispell, Montana · Page 11

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Kalispell, Montana
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Sunday, November 24, 1957
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Page 11
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U.S. Lives High on the Hog, And High on the Cuff, Too NEW YORK (UP) -- Americans are livipg high on the hog, and high on the cuff, too. Among ijp, we ow'e 43 billion dollars, nearly three bllCon more than last year. But even as we sign I.O.U.'s, we salt away cash- Our savings this year add up to well over 800 'bil- Ijoh dollars. Installment credit outstanding accounts for about 33 billion dollars of the tdtalpersonal debt. O£ this, commercial banks have 12 billion, 300 million dollars; sales finance companies (automobiles, appliances) have loaned nine billion 300.million dollars; small loan companies, or consumer finance . companies, have around 3.2 billion dollars this year, according to the Nationil Consumer Finance Association. The 10,745 small loan offices around the nation, operated by 1,500 firms, claim one out of every six families for a customer and they look for a 12 to 14 per cent growth in volqme next year. - Is there danger in this rising installment credit spiral? Many economists bejieve it !s do- 1pg no harm since nobody will con- tjhue to extend new credits if repayments do not -come in on sc^edr Vie. Why, do we borrow? · About one-third of tl)e 16 million loans made by small loan companies this year are for debt consolidation, where the customer . borrows to pay off a flock o^ bills and Is left with one debt. Medical and dental expenses account for 11 per cent of the small loans; 8 per cent gees for car purchases and upkeep. Clothing accounts for 6 per cent of the loans, as does travel and vacations. Many people borrow to buy things even though they have the cash. They feel they'll never save the money again once they touch their savings, 60 they take out a loan. Installment credit also is rising has a s;,000 celling, the nation's highest. Only California, New Jersey, New York, Virginia and Wisconsin have as low an interest rate as 2% per cent a month oh the first seginent of the loan, gener because we'r« urged to use credit'ally the $100 to $150 portion. Fif- for just about everything. Under- teen states call for a 3 per cent rate a month on that fjrst bite. The small loan industry is try- takers now have plans for prepaid funerals. They call it, "Pay now, go later." · About 40 states have small loan laws. This figure is vague because ^^ ,,,,,,, ,,,,,,_ ill6llvt states juch as Tennessee, the Caro- interest on the final repayments o£ Unas, Alabama, Mississippi, Dela- larger loans. They complain of ware and Texas have laws the small loah industry feels are unworkable. In 22 states, the loan companies can lend more than §500. California Vance Attacks Anderson Stand MISSOULA (UP) -- An attorney for the State Trade. Commission lays Atty. Gen. Forrest H. Anderson "destroyed the effect" of the commission's gasoline price 'Investigation by not prosecuting. John T. Vance, Helena, made the statement In connection with a complaint he filed with the attorney geperal's office about a year ago. Anderson refused to prosecute major oil companies accused of price discrimination on grounds there was Insufficient evi- Washington Opens Areas to Negros WASHINGTON (UP) -- A mas-lion's pattern of residential segre? ing. to get loan ceilings raised in dence. the states that still have a 3300; Vance said the attorney general maximum. They also want higher'is supposed to act on a complaint '"' * - - - " · "·-- · ·'and that the law provides for him to hold a hearing when citizens or small yields on nearly-repaid larger loans because the interest in the final months of repayment does sive population shift and the steady crumbling o£ racial barriers have opened many Washington neighborhoods to Negroes. Residential segregation is stil! the rule in the capital's suburbs In Maryland oi}d Virginia. B u t "white only" areas are much diminished in the District of Columbia, itself, the inner city of the Washington metropolitan area and federal territory. Until a tew years ago, most Ne- iu iiuiu a Hearing wiien ciuzens or ,, .. , . 7, .7 . ., groups complain. He said t h a t e^s lived m the northeast section ...i,-- .1.- -.. , r =_.,_ of the city or in slum areas south when the attorney general finds a complaint is justified, he is then not cover the monthly maiute-' supposed to proceed to revoke the nance costs f: r each account. Obituaries Morgan Williams Funeral services for M o r g a n WlUiams, 89, were Friday at Waggener Campbell Chape], with the Rev. Frank B. Hillis officiating. . Burial was in the family section of Lone Pipe Cemetery, noj-tji of Blgfork, with Albert Iverson, Roy Dyr, John Aadsno, Leland Paullin, Thomas Ambrose and Iver Iverson, pallbearers. Morgan ·Williams was born at later moved to the Echo Lake area where he worked in the woods. In 1912, he and his family moved to the Flathead reservation and homesteaded near Hot Springs. He. made his liome there until 1019, when he returned to" this area and settled in the Creston area, tje farmed tjiere and in the Egan District until retiring in 1932. Since that time he had made his home with his children in this area until 19$7, when he went to California to be with his daughter. In 1951 he nrioved to Eugene, Ore. ' corporate license of the company. Ex-Con's Mother Files Complaint GREAT. FALLS (UP) -- The mother of an ex-convict has accus- the city or in slum areas south of the.Capitol. In the northwest section, traditionally regarded as the most desirable residential area, Negroes were largely confined to run-down neighborhoods near the center of the city or in the old Georgetown District. Today hundreds of blocks in Northwest Washington are occupied almost exclusively by Negroes. Negro, residents equal or outnumber whites in some middle- wnvimiiiuci vviunja in aujlic illiuuic- ed her son of stealing $1,000 from income neighborhoods like Pether and wants sheriff's officers worlh and Br ig htW ood, which long tp pick him up and recover the money. Mrs. Elizabeth McKay. Great Fal}s, told lawmen that her son, James McGreevy/ a former Montana Prison inmate now free on were covered by restrictive covenants against them. In Georgetown, the historic old community along the Potomac River where mjjny notables live, the process has been working in re? THE INTER LAKE, Sunday, November 24, 7957 T T- Mpther Saves Child from Fire gallon: 1--The enorrnous and continuing growth of the Negro population. The 1940 census listed 188,765 "noa-whitcs" Jn the district, or 29 per cent of the total population. Today the Negro population is estimated at 380,000, or about 45 per cent of the population. 2--A barrier which kept them' out of many neighborhoods was demolished by the Supreme Court! on May 3, J948. It ruled that restrictive covenants, forbidding sale or rental- of property to Negroes and Jews, could not be enforced in any court. The court nailed down this ruling in 1953 with another decision that said violators of restrictive covenants could not be sued; for damages. 3--The mass migration of white families into the suburbs, begun sometime ago. was accelerated by the general lowering of racial barriers in the district, including the' integration of public schools. MISSOULA (UP) -- A 20-year- old mother saved her seven-month- old baby late Friday when fire engulfed her home about three mile» north of here. Mr«- Leonard Pierce carried the child outside ofHhe flaming hom« and was returning to retrieve possessions when she discovered sparks h»d set fire to a matress "- which she had placed the baby. Julius Caessr imported the first giraffe to Europe in 46 B.C.. and the animal was exhibited in Home. , . . .: ,, piuvcos Jjaa uceu wuimilK JH rcr parole, stole the money from a verse white famllies are buylng dresser drawer in her home out Ne and p a y i n g i h u g e Sums McGreevy also is wanted for Potosl, Wis., Sept. 12, 1868, a son, Mr. 1 Williams was preceded in of Wesley and Jane Williams. He. death by'his wife, Minnie, in 1915, Officers Locate Missing Olney Boy A 7-year-old Olney hoy, for a short time believed a kidnaping victim, was found at noon Friday by' Flathead County sheriff's of- licers and Whitefish police. He was riding home with a-neighbor. Frank Johnson of Olney was reported missing at 10:55 a.m. Friday. Whitefish grade school had closed early because of a defective heating system. The boy had rqissed the Olney bus and had been playing in the school yard when the father of a neighbor boy offered him a ride home. The kidnaping scare was aroused when one of the boys told officers the missing lad had been talking to an unknown man and had gotten into the car with him. . grew to nianhood there and later moved with his parents to Teii-e Haute, Ind. While living there he was engaged in iron arid steel work and learned his trade, known iii that industry as a puddler. , , and one' son, Charies, who died at the rage, of 3. Mr/ · William's ' died Nov. 18 at the liome of his daughter; Alma Paullin, in ^Eugene, Ore. Surviving him are one son, Ben * i, i inr, r-«-«»-i. ouivwinjs mm are one son, ijen About 1894, he moved to South.Williams of Omaha, Neb.; three Dakota where in 1896^ he married daughters, Mrs. Nellie Cooper" off -D , ^ ,,,. gjgj^ Mrfi Alma p aulm of : Eu _ Minnie May Benjamin at Elk Point, S.D. He made his home in Dakota until 1901 when he moved to East Chicago, Ind., where he was engaged in his trade as a . gene, Ore., and Mrs' Leona McKee of Klamath Falls, Ore.; two brothers, Monroe Williams of San parole violation. Reuther Speaks · BOZEMAN (UP) -- Victor Reuther, vice president of the United Auto Workers and president of the Industrial Unions Department, AFL- C1O, addressed delegates attending the 14th annual Montana Farm- Labor Institute here. ily moved to the Flathead. For a time they lived at LaSalle and a Francisco, and Lester Williams of i- Seattle. "Wash.: 13 er'andohNdrPiv puddler until 1904, when the fam- Seattle, ^Vash.; 13 grandchildren; 16 great-grandchildren, and a number of nieces and nephews. Rummage Sale Clothing, dishes miscellaneous Tuesday and Wednesday Nov. 26 and 27 9 lo 5 P.M. at 1135 Sixth Avenue 'East * o remodel ancient and dilapidated louses that date back to the Revo- utionary era. These factors ' have contributed o the radical revision of Washing- FOR SALE OR RENT Modern home, 2 bedrooms, full basement with oil furnace, close to Evergreen school. Also 1948 Mercury Station Wagon, reasonable. Inquire 321 9th Ave. W. or Phone SK6-3260 Bring the Family to th* A P P L I W A Y For a Delicious Sunday Dinner MENU Steaks Fried Chicken Sea Foods Pbe»sant Frog Legs Baked Ham Special Sunday Family Dinner $1.50 Child's Plate $1.00 Serving: from 3 p.m. until Midnight THE APPLEWAY - % mile N.W. on Hiahway 2 · -- --As Advertised in Ford Times-We will be serving Thanksgiving Pinner NOTICE MOUNTAIN MEAT COMPANY wij! not be buying Hogs, Tuesday, Nov. 25 Butcher Days for Thanksgiving Week are as follows: BEEF TUESDAY, NOV. 26 HOGS WEDNESDAY, NOV. 27 All livestock lo be in Yards the Day Previous Kaiispelf, Montana Phone SK6-4762 Look at These Features! Lions Officers Meet Here Today f W. Art Lundrigan of Cardston, Alta.,. district governor of Lions International District 37D, will conduct the year's second cabinet meeting today at Hennessy's. Members of his cabinet from southern Alberta and western Montana will be present for a noon luncheon and an afternoon business session. Officers are expected from Pincher Creek, Waterton Park and Ray- rriont, Alberta, and from Whitefish, Evergreen, Plains, Honan, Superior, Missoula and Anaconda. enjoy this family size drneneb, HO WELL ' . , / ' in your home ·) Smooth Plastic Top Defies-Wear and Stains. · Large Top Size - 36"x72" Has T8" self storing leaf. · Sturdy Brortztone Legs with Electroplated Finish. · Brass accents on feet of table and chairs. i tt Chairs have curved back, posts enclosed, thick seat, tubular steel frame. Owens Named Pat Owens, former reporter for The Dally Inter Lake and now city editor of The Columbia Basin 'News of Pasco, Wash., was named alternate N chairman of the United Press Editors of Washington at; a meeting of the group last weekend. Poor idea CHICO, Calif. (UP) -- Mr. and Mrs. Leon Robinson were arrested here for writing bad checks, according to police. - Authorities said Mrs. Robinson was arrested first -- and Robinson was taken into custody when he wrote a bad check to cover his wife's bail. ' Air Base Work GREAT/. FALLS (UP) -- Contracts totaling $35,129 have been ·warded'for work at Malmstrom Alf Force Base here and at b*se» in Havre, Cut Bank and Opheim. READ THE CLASSIFIED ADS SONOTIMI Ut our TrahMd Hwr. Inr AM ConsultMtl fit you with out ef 3 GREAT NEW SONO. TONES-inullMt «vsr, M tsy to wear. Ex-, part tervlee on alt vuket of during «iJ*. Write Today -Box 1091 T Sonotone of Missoula Mark Ballheim, D.M. .'"-.£3. Day timers and Dusters -Wonderful Buys! SPECIAL SALE! 7 piece dinette $129.00 This is the finest value we've offered in a long tirne -- top quality dinette set by Howell with features galore. Newest Bronztone electroplated finish in legs will not ehip or crack and is highly resistant to tarnishing and discoloration. Brass accents on feet add the quality touch. Stunning color combinations to harrnonlzs with your room'decor'are available to "personalize" your selection. Washable plastic Walnut wbod-grajn top and vinyl chair upholsters make your cleaning job easier. Give your home this beautiful dinette and live easier and more modern. 3 WAYS TO SHOP 2.tey-Away ,98 GRAHAM'S FURNITURE and APPLIANCES / TERMS AND SERVICE Ph. SK 6-3312 Cotton Daytimers Bright and pretty and neat as a pin-dozens of crisp percale daytimers. Zip fronts, step-. fns and pullovers 'in a choice of cheery new prints. Misses, half sizes, super sizes. Colorful Dusters UP Gift-pretty dusten in two fubbabfe fabrics --embossed cotton and sueded cottonflannef. Prints and plains, belted and boxy styles, with mid-length sleeves. Sizes 10 to 20. f * · · i T h r i f t y S a r t t d s Shop and S a v e at G a m b l e s

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