Carrol Daily Times Herald from Carroll, Iowa on November 3, 1970 · Page 8
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Carrol Daily Times Herald from Carroll, Iowa · Page 8

Carroll, Iowa
Issue Date:
Tuesday, November 3, 1970
Page 8
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Debate Over the Economy Grows Hotter By JOHN CUNNIFF (AP Business Analyst) NEW YORK (AP) - The de-, bate over the economy as a po- j litical issue has decome heated in recent days after somehow j being obscured by less impor-j tant issues. Republicans had chosen to downplay economic debate, because the game plan in the fight for stability was off schedule if not off course and therefore afforded little offensive ammunition. But now they have been forced to defend their record. Arthur Okun, Gardner Ackley and Walter Heller, Democrats all and all former members of the Council of Economic Advisers, have been especially critical and so had to be answered. | Tlmei Herald, Carrofl, f«. j Tuejdoy, Nov. 3, 1970 Council Asks {or n Revision economic moss? The term is subjective, but even some Dcm-j f ocrats concede there may be | of Landfill PlftU some truth to it. Unemployment was low, but inflation was steadily destroying balance. The Carroll city council in \ economic : a special meeting Monday eve- j ! ning rejected a proposed agree- j ment for the establishment and: —I* Inflation being eon-: ,. . . ., trolled? Still open to interprets "P^ra ion o a county-wide sani- tion. It definitely is abating, al- lrarv a " d l!1 of 6 ™ ! on andpre ~ though not on a steady line, i f ^d it to City Attorney Ron- Wholesale prices rose in Sep.; ad "• Schechtman with m- tember after dropping in Au- i ^ructions to revise the proposed gust, meaning more inflation to! agreement and return it to the & 6 I council for their consideration. come. However, this is the basic trend of consumer prices: In the first three months of the year the index rose at a rate of 6.3 per cent. In the second the rate dropped to 5.8 per cent, and in the quarter that ended with September it fell to 4.2 per cent. The question that concerns some economists is whether the rend will continue. In Septem- ier, they note, the consumer price index rose again to an annual rate of 4.8 per cent. The most damaging criticism, however, came from Paul Samuelson, who delivered his criticism from a platform not ordinarily identified with politics. Although never a member of the Council, the professor spoke with Olympian power, having just won the Nobel Prize for Economics. The role of responding appears to have fallen to the articulate Treasury under secretary, Charles E. Walker, who blasted the Democrats as irresponsible, unfair, vicious and ill-mannered, and with having left an "economic mess" when they left office in 1968. The Republican record, he said, is one on which the admin istration is "proud to run." Inflation is being controlled, a housing boom is in prospect, fi nancial markets are operating efficiently and the road towarc full employment is charted, he said. Is all this so? —Did the Democrats leave an —Housing boom in prospect? A good many economists foresee it—most of them, in fact. Money is gain flowing into sav- ngs and loan associations, which are the big lenders on housing. Private housing starts rose to an annual rate of more ;han 1.5 million units in August from just 1.06 million in January. Among the recommendations made to Mr. Schechtman by the council to be in- eluded in his revision is the establishment that a six-man commission be established to operate the facility, that the commission be charged with operating only the landfill operation, and that the entire agreement be based on the Supreme Court's decision concerning the one-man one-vote principle. In other action, the council voted to reject a request for a $100 a month subsidy payment from the city to establish and; operate a senior citizen's rec-1 reational facility in Carroll, j Councilman Oliver (Bud) Mosman reported to the council after contacting several other cities in the area, that he could | not find one city that directly! Appointed He'll dig into a new job if confirmed by the Senate. Dr. Elburt Osborn was appointed by President Nixon to be director of the Bureau of Mines in the Department of the Interior. He was vice-president for research at Penn State University. —Financial markets operat- articipated jn such^ a project, ing efficiently? So far as it is within the power of the administration to influence them, this is perhaps true. Interest rates are falling. The mortgage and bond markets are improving. And the volatile transfers of funds from one type of institution to another seems to have ended. However, as with inflation, interest rates remain high. The Democrats may complain about the high rates in each of these areas. The Republicans can boast about the trends. —The road toward full employment charted? Maybe so, but voters are likely to be more JUST MOVED? What you need right now is a helping hand.,. concerned •charts. with jobs than Not only is unemployment high, but it may be rising. In September, 4.6 million persons were out of work, and the unemployment rate had jumped to 5.5 i per cent of the civilian labor force from 5.1 per cent one month earlier. Be sure to get in touch with the Welcome Wagon hostess. She can help you get to know your new community as quickly as possible. Phone 792-3609 Walshes Conclude Visit in Memphis (Times Herald News Sarvioa) VAIL — Mr. and Mrs. Ray Walsh have returned from Memphis, Tenn., where they visited their son and daughter- in-law, Mr. and Mrs. Dennis Walsh and family. Another son, the Rev. Patrick Walsh of Fort Dodge, visited his parents Friday evening. Mr. and Mrs. Albert Osterholt entertained at a dinner Sunday in honor of their son Ivan's birthday. Mrs. Peter Hoffman, Mrs. Esther Willroth and Mrs. Irene Osterholt helped Mrs. Carrie Chapman celebrate her birthday Monday. Lunch was brought by the guests and served after cards. said that such facilities in most cities are established and iperated by various civic or- anizations. Mr. Mosman also pointed out that no provision or such an allocation has been ncluded in the present budget. After receiving a report from ity Works Administrator Leo Clark, the council also rejected a request for the widening of Vlain Street between Bluff Street and W. Anthony Street leading into the Rolling Hills addition. Mr. Clark said the widening project, which would also include the widening of a bridge from the present 20 feet to 28 feet, would ost the city between $25,000 and $30,000. The council did direct Mayor William S. Farner to instruct the city police to run radar checks on the street periodically to reduce the speed on the street. The council authorized the installation of four new street lights in the northeast section of the city. The lights will be installed on E. 12th Street be- ween Vine St. and Skyline Drive, in mid-block on the last block of Skyline Drive, at the intersection of Woodland Drive and High Ridge Road and on High Ridge Road 430 ft. north of Woodland Drive. The next council meeting will be held at 5 p.m. Monday, November 9, in the council room on the second floor of the City iall. Near Bollom on Federal School Aid illy Imvn Unily 1'n-ss Association) DES MOINE — Is Iowa get-; ting its fair share of federal school aid? Iowa is near the bottom of the states in terms of the per cent j of federal school aid it receives compared to total expenditures for secondary and elementary schools. A report by the A d v i s o r y j Commission on Intergovernmental Relations shows that in 196869 federal school aid accounted lor 4.2 per cent of the school receipts in Iowa. The national average is around 6 per cent. The state provided 32.6 per cent of the cost of educating Iowa youngsters with local funds accounting for the remaining 63.2 per cent of the bill. One possible reason Iowa only received $20.3 million in federal school aid is that some of the funds are tied to local initiative and other states may be doing a better job in developing programs that attract federal funds. L.P.N. Unit Elects Officers Only Michigan had a lower federal per cent, 3.9, while Iowa was tied with New York and Vermont with 4.2 per cent. At the other extreme was | Mississippi with the federal i government providing 20 per j cent of the education tab. • Another factor influencing the federal percentages may be the total amount of money spent lo- i cally and by the state. WE WANT TO SAY Thank You, To the many people who made our Grand Opening such a huge success. We hope you found our store a pleasant place to shop. Stop in again soon. WINNERS: Cold Cash — Miss Frances Wernimont Portable TV — Mrs. Gilbert Klindt Bicycle — Mrs. Paul Wiederin Electric Drill — Mrs. Ron Hannasch Fondue Set — Anna Lehrkamp FROM MR. & MRS. CECIL MENKE cstern Qiito Mrs. Eugene Havermann was re-elected president, and Mrs. Rita Hogan was re-elected vice president, at the Monday evening meeting of the Carroll L.P.N. Unit at the Havermann home. Miss Mary Jo Bruening is the newly elected secretary and Miss Roberta Tigges is the newly elected treasurer. During their regular business meeting, the group formed a committee to revise their bylaws. Their membership drive is on for 1971. Door prize was awarded to Mrs. Arnold Havermann. The Unit's next meeting will be Dec. 7 at the home of the president. Cynosura was the ancient name for the constellation which we now call Ursa Minor, the Lesser Bear. Van Overturns, lowan, 57, Killed NEWTON (AP) — Thomas Dale Finders, 57, of Marshalltown, died Monday afternoon when his van truck overturned on Highway 75, about two miles north of here. Authorities said the truck apparently went out of control and skidded sideways for about 300 feet. The truck then went into a ditoh and slipped over, crushing the top of the cab. SON'S ADDRESS Mr. and Mrs. Daryl Winker have received the following new address for their son: Pfc. James L. Winker; 478-66-8657; Co. C 3 Bn. 22 Inf.; 25th Div.; APO San Francisco 96225. spurgeons See the NEW Playtex 18 HOUR BRA The first support bra that's comfortable for hours! Its exclusive Spanette® stretch fabric promises strength plus softness for comfortable support. Self-adjusting nylon lace cups are smooth seamed for a rounded, natural contour, with no see-through. Adjustable stretch straps. White. Sizes: B 34 to 40 and C 34 to 42... $6 D 34 to 42 $7 18 Hour® girdles from $9.95 OPEN Wed. & Fri. Nights Till 9 p.m. Take advantage of the PLAYTEX CASH REFUND OFFER SAVE $2 when you buy any Playtex® Bra and Girdle. For refund, send Playtex cut-out labels from both bra and girdle with a sales slip dated no later than November 30, 1970. Charge it at Spurgeon's the friendly store that puts you first by keeping prices down. Cuo facing: 100% Nylon, Cup and band lining: 100% Cotton. Center and side back elastic: Nylon Spandex. Band facing and back: Rubber. Nylon. Elastic: Rayon, Cotton, Nylon, Spandex. Exclusive of, ether elastic. Delay For New Street Construction work on the relocation of fourth Street in Carroll has been delayed by inclement weather. A he rain-soaked road bed of the new street which runs along the right of way formerly owned and used by the Chicago Great Western Railway is shown in lore- ground. Earth-moving machinery used m grade construction is shown at right. When the weather clears and grade surface dries, concrete pavement will be noured by Kraco Construction Company. Sioux The relocated street will run from the intersection with Adams Street, shown in background, to Court Street to the east. __ We Keep Prices Down Come see all the new and exciting toys now on sale at prices that will amaze you! Be a smart Santa and shop now while selections are best and you can LAYAWAY their dream toys at big savings! 'Velvet 1 Doll by Famed Ideal Chrissy's new cousin, 15" tall, with hair that "grows" from a bob to long-long-long. O96 So pretty! 11.99 value O Snobpy Plays the Red Baron A real skill-and-action game by Milton Bradley featuring the fearless ace and his O13 enemy. Reg. 3.83 O 'Battling Tops' Game For All Launch 'em from the corners; they circle, collide, recover, knock each other out 'til one is winner. 3.79 value All-Time Favorite Play Doh Pliable, clean, in cans with reclosable lids. Four colors. Reg. 78c, now ! Battle-Ball by Fisher Price Toddler's treasure to push, listen to and watch all at once. Reg. 1.19 'Pocket Radio' by Fisher Price Wind it, hear the music box and see a story on the "screen". Reg. 2.34 Spirograph Fun Never Ends No limit to the designs kids of all ages can create with this award winning creative *^3§ toy. Compare at $3.49 <tim New Tiny TonkaR Crazy A's The greatest rage yet; souped up Model A's of auto gauge steel with lifetime tires, axles! Regular 1.47 Drink'n 1 Wet Baby Dolls So adorable, take-care-of-able and cuddly. A favorite! 4 gg Regular 2.17, now just * Lots of Those Hot Wheels Cars No kid ever had enough and these are most popular of all! Compare at 99c Big Selection of 88c Toys Perfect stocking toys and many choices to please every child on your list! See all these and more! Layaway now while selections are complete and prices are lowest! Charge It at the friendly store that put? you first by keeping prices down! WED. and FRI. Nites Till 9 p.m. 521 N. Adams — Carroll 792-2225

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