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The Edwardsville Intelligencer from Edwardsville, Illinois • Page 3

Location:
Edwardsville, Illinois
Issue Date:
Page:
3
Extracted Article Text (OCR)

Monday, llarcfc 21. INI rage 3 Prosperity Growing Faster Than Census SAM OAWSON AP Buiiiwit Analyst NEW YORK (AP) The business boom approaches its month with prosperity much faster than population. Today's personal income, national production, retail sales, prices, profits and debts arc measured in dollar hKurcs so huge that 1961 looks like ancient history. Right now the extra push the government gave the economy in 1964-G5 tax cuts and increased spending is building up momentum. Jobs, industrial output, and consumer and wholesale prices are all rising faster than in the first years of prosperity's five-year run.

The nation's tola! output of goods and services, the gross national product, has nsen 34 per cent since the economy shook off the last recession in February In the five years the population increased 7.1 per from 182 million to 195 million. Thirteen million more persons are a lot, and they aided the economic expansion. But other factors sent it spinning much faster than just mouths to feed, more bodies to olothe and shelter. While industrial production was increasing 46.8 per cent during the five years of exp'an- lion, personal income was going up 37.3 per cent, from $405 billion to $556 3 billion. More jobs were part of the story.

Employment in 1961 was GC million and in February 1966 It was 71.5 million, for a gain of 8.3 per cent. Wage increases helped personal income even more, since the average factory weekly wage went from S89 to $111, for a 24 per cent gain The quickening pace of the economy in recent months has cut the jobless rate a a i a ly For the long run. from 1961 to Hie present, the rate was cut from 7 per cent of the labor force at the end of the last recession to 3.7 per cent of today's much larger force Corporate i have jumped 68 7 per cent in the five years, from $27.2 billion in 1961 to billion at the latest count. Cash dividends have gained 44 9 per cent to an annual rate now of about $20 billion. Consumers are buying freely.

Retail sales totalled $18 billion in 1961 and now are running at $24.6 billion for a 36.6 per cent rise. the same time Americans have been piling up their debts. Consumer credit has risen 49.1 per cent to $85.9 billion, from the 1961 level of $57.6 billion Mortgage debt o' all types has reached $341.9 billion, up 51 per cent from the $22C 3 billion at the start of the business upswing. Over these years outlays for construction have goni from $54 billion to $75.9 billion, a gain of 40.5 per cent. England's Primate To Visit With Pope Guest Of Honor A party for 100 film celebrities and socialites at his lavish Hollywood home topped arrangements by actor George Hamilton, 25, to honor his frequent date Lynda Bird Johnson on her 22nd birthday.

RATIO DIFFERS One out of 300 persons in this country speaks Russian, while one out of 23 Russians speaks English. By GODFREY ANDERSON LONDON (AP) England's primate is going to Rome this week for an historic meeting with Pope Paul VI, assured in advance that one point he sought has been conceded Some Roman Catholic disciplinary measures governing mixed marriages have long offended the Church of England. Easing of them goes far to meeting one of the pleas the Archbishop of Canterbury intended making at the Vatican The concession came almost on the eve of his departure. It is almost certain he knew it was coming. Dr.

Michael Ramsey's relations with John Cardinal Keenan, head of the Roman Catholic hierarchy here, and with Archbishop Igmo Cardinale, the apostolilc delegate in Britain, have long been close and cordial. They have had several meetings in recent weeks. Changes that permit Anglican priests to join in the solemnization of mixed marriages and which lift from the non-Catholic partner a prime responsibility of having the children raised as Roman Catholics are unreservedly welcomed. But some Anglican churchmen still feel there is discrimination in the demand that the children must be Roman Catholic instead of having freedom of choice. Easing of the mixed marriage roadblock clears the path for other subjects such as the doctrinal matters Archbishop Ramsey has hinted he wants to discuss with the Pope.

Wednesday's meeting of the Pope and the Church of England primate will mark the first time since the Reformation 400 years ago that an official delegation from the Church of England headed its primate has been rccencd at the Vatican Only once before, since tlie Church of England broke with Home in the reign of King Henry VIII, have a Pope and English primate met. That was when Dr. Geoffrey Fisher (now in retirement as Lord Fisher of Lambeth) met Pope John XXIII for an informal exchange of courtesies in 1960. This time the church leaders mean to talk business. Only a few months after the reciprocal withdrawals of ancient excommunications between the Latin and Eastern Orthodox churches, the Latin and Anglican churches will issue a common declaration Thursday to mark a new stage on the ecumenical way.

St. Glair Jail Escapee Caught ST. LOUIS W. Davis, 19, of East St Louis. 111., one of three prisoners who slipped out of the St Clair County Jail at Belleville.

111., last M.mday, was arrested early Saturday in suburban Brentwood. Sgt George McCormicr of tlie Brcntuood police said Dans was found hiding beneath a top coat in the back scat of a car owned by Bonnie a Creason Creason also was arrested and has been booked on suspicion of burglary and possession of burglary tooU. Two others fled from tlie St. Clair County Jail. Charles Kellick.

23, and Herbert Jones, 20, are still at large DIALECTS IN U. 9. A number of regional dialects have been identified by linguists in the United Stales. Whit New Yorkers call bag may be termed a sack in Kansas and a poke in Alabama. SILENT FLYING The wings of an owl fringed edges to muffle noise that it can fly as silently as shadow.

Owls depend on sound rather than sight to help them catch prey. FLOWERS art Out Builncit We are experts in Flower Arrangements Woodlawn Gardens 1407 SI. Loud St. Ph. 4M-0486 EAGLE STAMPS Here's what to do about obscene or harassing phone calls: 1.

Don't talk. Don't keep talking to the caller. What he really wants is an audience. Don't be that audience. 2.

Hang up. Hang up if the caller doesn't say anything. Hang up at the first obscene word. Hang up if the caller doesn't identify himself to your satisfaction. 3.

Call us, these obscene or harassing calls persist. We're concerned about these calls and want to help stop them. Should you receive any, remember, you control your phone. You can end any conversation simply by hanging up. If the calls continue, don't hesitate to phone your Illinois Bell Service Representative.

She can call in people we have specially trained to help investigate, identify, and work with police in the apprehension of these callers. With the help of improved procedures many persistent callers have been caught. We also remind everyone that Illinois law provides up to six months in prison and $500 in fines for making obscene or harassing calls. And where evidence is clear, we are permitted to disconnect or remove the phone service of anyone making such calls. We want you to know we're doing all we can to preserve your right to privacy.

te. fllinofc Bell TelepTiuni Put tb Rwidi Bell SptMt FRENCH DAM France is building a foot dam to harness the tides of the Ranee River estuary. The tides, which average 28 feet of rise and fall, will produce enough electricity for 125,000 French homes by 1967. I said, "Show me a filter cigarette that really delivers taste and I'll eat my hat!" W. Co Shop Kroger in Edwardsville Every Tuesday and Get Value STAMPS KROGER EXTRA THIN SALTINES LB.

PKG. 25 AVONDALE SLICED OR HALVES PEACHES 4 CANS 99 Fruit Cocktail 4 APPLESAUCE 2 303 CANS 303 CANS 89 23 US NO. 1 LOUISIANA US NO. I LOUISIANA SWEET POTATOES 10 SILVER PLATTER PORK STEAK ib. 57 KWICK KRISP and HUNTER Sliced Bacon It 69c Play Money-Go-Round $125,000 IN CASH PRIZES WIN KROGER BRAND FOOD WIN TOP VALUE STAMPS No Purchait Ntccisary To PUy-MoMy-Go-Rotmd RESERVE THE RIGHT TO LIMIT..

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About The Edwardsville Intelligencer Archive

Pages Available:
172,747
Years Available:
1869-1977