Logansport Pharos-Tribune from Logansport, Indiana on May 27, 1957 · Page 9
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Logansport Pharos-Tribune from Logansport, Indiana · Page 9

Logansport, Indiana
Issue Date:
Monday, May 27, 1957
Page 9
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Monday Evening, May 27, 1957, Fast-Growing Australia Hard Hit by Inflation SYDNEY—Inflation has hit Australia with the wallop of a kangaroo kick right where it hurts the most—in the pocketbook. Bank economists list present living costs at 130 per cent higher than in 1945, compared to a 75 per cent increase in Britain and a 50 per cent raise in the United States. The average Aussie knows little and cares less about bankers and their adding machine statistics, but the spectre of inflation now shadows him through all his waking hours. Any attempt to get by on his 1950 budget would change living in Australia today to a mere existence. The average "bloke" or wage-earner would only be able to half fill his morning tub because of increased gas and electricity rates. The cost of the traditional steak- and-eggs Australia brea'kfast would leave him with just the eggs and some onions on the plate, at today's prices. Today's Australian can ride only one mile on the buses, streetcars and electric trains for the money that formerly carried him two and three miles. Due To National Growth This creeping inflation, with its ever-rising cost of living, is the price Australia pays for national growth. ployer battle the vicious cycle of higher wage-higher costs-higher wages. In the past 12 months, food and groceries have gone up another 10 per cent, for instance. Rents, already up by 40 per cent since 1950, went up eight per cent. Some Figures Official figures, however, often grind down the facts into "average" figures, which the average man finds difficult, if not impossible, to match with his paycheck. Take rents, for example. Where pegged by official control, they may even be under the 48 per cent above the 1945 figure, in some cases. But for the person who hits Sydney now and wants to find a two or three-room flat, the price starts at $22 a week for the lucky ones and goes up to $24 or more. The same furnished flat would have been available for Sll to S13 in 1950. Cold statistics also don't mean as much to the wage-earner as the more than doubled electricity, gas and phone bills. Postage rates have just recently gone up for the third time in the last seven years. And just to make it a little more difficult for those who depended on overtime earnings, em- players are paying less and the less overtime. The average man today general- Australia now has 25 per cent ly makes at least $40 per week, more people than it had at the compared with $20 in 1950; the average woman, $33, compared end of World War II. This means larger physical output in both primary and secondary industries. Never before has there been as with $22. For the above-average, expanding production has created, a new much money and labor spent on! "executive class." drawing $06 per public works, factory building and week and rising to $110 and over, new industries. There has been, Bigger firms have not yet come greater capital investment on the'to the stage of Japan's padded ex- nation's farms and sheep stations— Pensc accounts, but frequemtly In machinery, buildings and pas-| provide their up-and-coming jun- ture, plant and livestock improve-'ioc executives with a car, and in ment. ! many cases with assistance in buy- All the same, this better "na->8 a home to solve the housing tional" picture leaves the wago-|P r ° bl c' rl earners unimpressed. Their salar-j les creep up with "basic wage"! hikes, but never catch up with the; heavier expenses involved in the mechanics of living. j Australia took its worst inflation j Jump in 1951—vhen the Korean War shot wool prices to record highs. With too much money Hear Rumors Of Possible Manila Riots Precautions Taken to Prevent Demonstrations By Chinese Population MANILA (TIP)—The U. S. Embassy today took precautions against mob violence when it received reports that Manila's big Chinese population planned to stage anti-American demonstrations against the embassy. Most Filipino and American authorities here doubled that the threatened demonstrations actually wouM be carried out since they might trigger anti-Chinese feelings among the pro-American Filipino population. U.S. Minister Horace Smith said •he was confident the "duly constituted authorities" in Manila could handle any outbreak of Chi. nese anti - American demonstrations should they occur. Embassy Reveals Plans A spokesman at the- Chinese Nationalist Embassy here told the United Press that "certain sectors" o[ the 70,000 Chinese popiiis- tion here had planned demonstrations against the Americans. The demonstrations would be "in sympathy" with Chinese on Fonmosa who ripted last week against Americans in Taipei and wrecked the U.S. Embassy, the USIS headquarters and attacked U.S. Army headquurtors. Several Americans were injured in the demonstration which the Chinese Communists and Soviet Russia promptly seized upon for propaganda material in Southeast Asia. Routine Precautions Smith toici the Uniied Press of the precautions after learning of plans for Chinese demonstrations against the embassy and other Eugene Blastic, junior at Rose District Beekeepers Meeting Set June 1 The Northwest Indiana State Beekeepers Association meeting will be held on June 1 at West High school, 5 miles southwest of Plymouth -on road 17 from 9:30 a. m. to 3 p. m. There will be a basket lunch at noon, Paul Champ, of Twelve Mile, is vice president of the Beekeepers Association. Mrs. Paul Champ is president of the Hoosto Honeys which is the ladies auxiliary of the Beekeepers Association. In addition to a program for the oeekeepers there will also be a program for the ladies. A honey cookie contest open to anyone .who will be present at the meeting, will be held. Prizes will be given for plain and fancy cookies which must contain some Logansport, Indiana. Pharos-TriOune Nln« NOT CROSS-EYED ANYMORE Poly Institute School of Tcchni- honey. chins, has been awarded a $600 scholarship by an Ohio manufacturing company. Blastic was also elected president of Blue Key fraternity and president of American Association of Engineers. He is the son of Mr. and Mrs. Joseph Bias- lie, of Winamac, formerly ot Logansport. (Pharos-Tribune Photo-Engraving) American buildings. He desdribed the precautions as "routine." The Chinese.Embassy said demonstrations had been urged by some sectors of the local Chinese community but said Ambassador Chen Chi-Mail had urged '.hem lx> call them off. The demonstrations were first planned on Saturday. There was no undue alarm at the embassy or at the Manila •municipal police headquarters. Manila's Mayor Arseni'o Lacson .had warned the Chinese community earlier he would not tolerate any Chinese demonstrations here. Read the Classified Ads around, the cost of living jumped I to 70 per cent above the 1945 fi«-| ure. At that time Britons were tightening their austerity belts against a 40 per cent rise in living costs, while Americans only faced an over-all rise of 12 per cent. Those are over-all eost-of-living figures, according to the economists. Individually, some items have risen much more than 130 j per cent. This applies to essential! Items like food and transport. I Worse still, the trend remains! uncurbed as.government and em IT'S TIME TO REGISTER FOR THE SUMMER TERM School Ii m toition all wmmer Day and evening claitoi. Call In porion, write, or phono. Our co I logo offlco !i opon daily from 8 to 4 and on Saturday mornings until noon. Votoran ap- orovod. Indiana Business College Barnos Office Bfdg. Logansport Sadie K, Craery, Mgr. NOTICE In observance of Memorial Day and by authority of Robert L. McMahan, commissioner of Motor Vehicles, our branch WILL BE CLOSED Thursday, Friday and Saturday, May 30-31 & June 1 WE WILL BE OPEN MONDAY, TUESDAY & WEDNESDAY (ALL DAY) May 27-28-29 from 8 AM to 4 PM AUTO LICENSE BRANCH Ada Arnold, Mgr. RUBBER STAMPS Made In Our Own Plant 2-DAY DELIVERY CHRONICLE PRINTING CO. 417 Market Ph. 4362 Read the Classified Ads PUGNACIOUS PICKPOCKET NEW YORK (UP) — Trying to handcuff a pickpocket Sunday, subway policeman Adam Miller was: Bitten on the thumb. Hit on the head with the handcuffs. Clubbed with his own nightstick. Miller then fired one shot and missed. The suspec'. fled with 'he handcuffs dangling from one hand. ,_^ MRS. A. C. FRANKS watches over three o£ hsr sons in Kansas City, Mo., after their operations to correct crossed eyes. They are (from left) Paul, 7, Warren, B, and Gary, 3. A fourth, now 14 months old, will undergo the operation later. The operations were sponsored by Heart of America Kyc clinic. (International) VACATION 1955 Cadillac 4-dr. 62. Beautiful blue color interior to match. Clean as new. Ask L. J. about this used Cadillac. Powlen Sales & Ser. Broadway At Third heads agree: Calvert tastes better Clear-headed men prefer the Calvert taste. The reason? Every drink, every bottle is dependable, constant in taste and quality! Calvett Nothing finer in American taste CALVEIIT DIST. CO., N.Y.C. 4/S OT. AMERICAN BLENDED WHISKEY 155 J - J4 pr. 86 PROOF 65% GRAIN NEUTRAL SPIRITS WANT OUT OF DEBT? Let Credit Counselors arrange to get you out of debt on payments you can afford. REGARDLESS OF HOW MUCH YOU OWE. No Security or Endorsers Needed- One and Only Ono Place to Pay,, CREDIT COUNSELORS OF LOGANSPORT Opon Duily 9 to 5. Except Wail and Sat. III! On*. ' 4O1 Born«> Building Phono 2750 KRESGE'S «•» Coo/, tanning styles in FLOWER-FRESH COTTONS 2 98 'O a.J W • Crisp cottons, some Everglaxo® • Pastel florals and solids • Quick V tasy to wash—iron Tan with pleasure this summer in Krcsgc's easy-care cottons. They're pastel- pretty with scoop necks and no sleeves . . . for maximum sunning! A breeze to iron, of course. Trims of sparkly rhincstoncs, mock-pearls for dress-up. 422 Broadway SEE US FOR YOUR- WEAR ABO UTS DESIGNED FOR A HAPPY HOLIDAY Here you will find everything in wearables to complete the picture of your holiday pleasure. Come in, see, choose! MEN'S SWIM TRUNKS Styles in Plain, Fancy Pcrttorn, Ivy League, Reversible. Boxer Style $1.49 to $2.98 Brief Style BOYS SWIM TRUNKS ALL STYLES 98c to $1.89 $1.98 '•=225 BOYS "V SHIRTS Plain colors . . . bright rod AQ_ or navy blue VOC Fancy stripes -JQ « Q« Sizes 2 to 16 /VC & 7OC SPORT SHIRTS MENS CASUALS Loafer or Tie, a neat dress style, with deep set action soles. Smart open weave fcvbric breathes in cool air . . . "on the go" Cushioned insole. Brown. Small Boys CANVAS OXFORD $1.98 Navy, Sizes 6 to 10 Girl's I Strap CANVAS SUPPERS Red, blue $2.69 $4.49 MEN'S LEATHER SANDALS Composition sole Cork sole $4.49 Children's Barefoot Sandals $1.69 Sizes 9 to 3 LADIES CASUALS Loafer style, built in arch cushion. Navy Ball Band Summerettos $4.45 to $4.95 Man's short sleeve Ivy League $1.98 . $2 98 Gingham, Linens, Fancy Prints, Broadcloths $1.49 to $2 98 Boys' Short Sleeve Sport Shirts In plaid ginghams, prints, Ivy League $1.19 .$1.98 Men's Knitted Sport Shirts In tricot jersey, combed cottons, plain or <(• | Qft frn QQ fancy 4> I .70 to <f Z.7O Large assortment from which to choose. Boy's 100% Orion Knitted Shirts :et fronts n colors $2.98 With colors, two button placket fronts. Machine washable. Beautiful plain colors — Scarlet, Maize, Navy and Powder Blue S. S. KRESGE COMPANY THE KELLER Co. "The Store For Values" — 503 - 505 Broadway —

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