Logansport Pharos-Tribune from Logansport, Indiana on June 17, 1957 · Page 16
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Logansport Pharos-Tribune from Logansport, Indiana · Page 16

Logansport, Indiana
Issue Date:
Monday, June 17, 1957
Page 16
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Sixteen Logansport, Indiana, Pharos-Tribune Inflation Snowball in U. S. Gaining on Downhill Grade By LYLE O. WILSON Uni ed Press Staff Correspondent WASHINGTON (UP)—Closer to home and pocket than nuclear fall-out or the effect of tobacco smoke on the human lung is that beautiful item, the United States dollar. It is not pretty to contemplate the possibility of physical deformities among humans caused by nuclear fallou'.. There is nothing attractive about lung cancer. That beautiful United States dollar is going to look as bad as ei- i ther or both of the foregoing if the present trend of creeping inflation continues. Inflation is a col/ege word which doesn't mean much to living Americans because they never have been up against what the word signifies. Outruns Everything The word signifies a situation in which money goes bad — goes so bad 'hat shopkeepers don't want it, so bad that waiters prefer a cigaret to money as a tip, bad enough that a man with a pocket-j ful of dollars might die o[ starvation while gazing into a food store window. When inflation really gets going in a national economy it outruns everything. Not even the most generous employer with the fattest purse can raise his employes' salaries fast enough to provide a living wage. The first babies to whimper for food and finally to starve to death are the children of persons on fixed ••incomes. The first adults to go are pensioners and others whose incomes are fixed. Inflation is deadly stuff, like cancer and, maybe, more lh;m fallout deformities. The inflation of currency is reflected in a steadily descending purchasing power of money. It can be a slow and gradual process as presently in the United States, or it can strike wl h snake suddenness after some national catastrophe, such as defeat in war. Like A Snowball Gradual inflation is like a down hill snowball. It picks up speed or momentum, and if it picks up enough it becomes uncontrolled inflation. That is the point of no return. Beyond That point lies immeasurable human suffering and absolute economic chaos. There is an inflation snowball in the United States today and it is rolling down hill accumulating speed. The grade is not yet very steep and the point. of no return still is some distance in the future, just how far being a matter of considerable dispute. The United Press reported from Washington on May 24 that the cost of living rose to another record high in April. If that trend long continues the rate of inflation or reduction in he dollar's purchasing power may be expected to accelerate to 1 per cent, 2 per cenU-even 10 per cent — a month. Penny by penny, the dollar's value would shrink until, finally, a dollar would buy nothing at all. At that point of no return the American way of life will have had it. OSBORNE'S BARBER SHOP Closed Until Further Notice 501 BATES ST. For All Occasions • GREETING CARDS "that say what you want to sny' H I ATI'S NEXT TO LOGAN THEATRE ONLY GENEVA KITCHENS HAVE IT! "Merry-go-Round" Corner Cabinet So practical! So useful! The «xclusivc Geneva Merry-Go- Roumi Corner Cabinet. A slight touch and door and shelves revolve . ,, door closes automatically. The perfect answer for turning that wasted corner into easy-co-roach storage space. And you'll find ninny more unusual kitchen ideas in Geneva Kitchens. Sec them today! Our kitchen cxpcrtj will help you pUn them in your kitchen. TODD'S "The Store That Service BuHt" 327 East Market Phone 3300 Hospital Notes MEMORIAL Born: To Mr. and Mrs. Hardin Christison, 117 Seventeenth street, a daughter; to S/Sgt. and Mrs. Charles Johnson, route 2, Delphi, a daughter. Admitted: Phillip Bowsher, route 6, Monticello; Mrs. Louree Wilson, 333 West Broadway; Warren Crockett. 837 Bates street; John R. Brown, 329 Day street; Mrs. Wanda Costello, 220 West Main street Dismissed: Miss Dawn Williams, Stoney Pike trailer court; Mrs. Mabel Burrous, route 1, Walton; baby boy Graves, 2126 Jefferson street; Earl Shrader, route 3, Kewanna; Harold Logan, Burnettsville; Harry Gist, Indianapolis; Gregory Gammel, 1431 North Third street; Mrs. Lillie Davis, 557 West Clinton street; William McTaggart, 1350 High street; Mrs. Pearl Spencer, 1811 Grant street; Byron Jervis, route 2, Flora; Mrs. Mable Gillespie, Kewanna; Kenneth Bell, route I, Camden; Kent Hall, 1830 High street; Clinton Rakestraw, 88 Fourteenth street; Thomas Rhine, route 1, Kokomo; Teressa Rey- nolds, route 1, Flora; Thomas Mau'ghmer, 1608 Clifton avenue. ST. JOSEPH'S Born: To Mr. and Mrs. Homer Woodruff, 1417 Balsam str^t, a son; to Mr. and Mrs. Donald Bruckner, 1422% Spear street, a daughter; to Mr. and Mrs. Richard Dickensheets, route 3, twins, a son -and a daughter; to Mr. and Mrs. Walter Wedekind, route 4, a son; to Mr. and Mrs. Francis Gunter, 114 Eel River avenue, a daughter; to Mr. and Mrs. Thomas Slusher, 523 High street, a son. Admitted: Thomas Grantham, 416% East Broadway; Master Wesley Jones, 408 Shultz street; Mrs. Anna Grady, 724 Fifteenth street; Mrs. Mable Hubler, 1826 Smead street; Harry Jones, 313 -East Columbia street. Dismissed: Miss Bonnie Shaffer, i FUR STORAGE. Cleaning & Repairing Logan Fur Service 521 High Phono 3«32 "Your Private Secretary" FLORENCE DAGGY Typing — Mimeographing Offiel Printing - Buiinesi Form* J29 Fourth St. Phone 3381 1119% East Broadway; Mrs. Stella Finney, Walton; Miss Fannie Ulerich, route 4; Mrs. Edith Longenecker, 2218 East Broadway; Miss Joyce, Miss Janice and Master Harry Gibbs, route 1; John Rossi, 1315 Erie avenue; Douglass Lake, route 2, Walton; Mrs. John Ringen and son, Monterey; Mrs. Freeman Carnahan and daughter, route 4; Mrs. James Menis and son, North Judson; Mrs. Grace Immel, Flora; Mrs. Mamie Surface, 1841 Erie avenue; Mrs. Cordelia Pitman, 71 Seventeenth street;' Mrs. -George Delaplane and son, route 4; Mrs. Inez Osborn, 208 Beall street. It would take American housewives 484,517.833 hours to can the same amount of corn that .the canning industry puts up each year. School Burns; Loss $500,000 • LYONS, Ind. (UP)—The Washington Twp. grade and high school was destroyed by fire early Sunday at an estimated loss o£ $500,000. Firemen from Lyons, Linton, Bloomfield and Worthington rushed to the scene shortly after the blaze was discovered about dawn. But the fire already was out of control when they arrived and they would do no more than hose down two adjoining homes to keep the blaze from spreading. Fire officials said they had no a Perfect rose A perfect rose is a thing of beauty and an inspiration to the beholder. And at Kroeger Funeral Home our services are 1 similarly beautiful. -An honor to the deceased and an inspiration to the living, the final tribute creatos a lasting memory of comfort and < inspiration far the family. "Third Generation Of Service" KROEGER East Market at 7th • Phone NO 5154 -SPECIAL- TUESDAY & WEDNESDAY TENDER CURE SMOKED PICNICS We Slice Them CODWRY PRESH EGGS 3 ,„. 99c FREE DELIVERY KRAUT'S 718E. Mkf. Phone 4156 sroof of what started the blaze; >ut said it may have been faulty j wiring in the old building. About 285 grade and high school students from Lyons, population! 100. and the surrounding area: *ere enrolled at the school during! he last term. Scliool 'officials were scheduled ;o meet today to discuss what steps they would take before the next semester begins in September. A school official said about half •he estimated loss was covered by nsurance. Monday Evening, June 17, 1957. Personal Mrs. Frank Kivett of 314 Fourteenth street left Sunday for a one- week vacation in Washington, D. C. She was accompanied by her brother, J. E. Reavis and a granddaughter, Bonnie Lou McElheny. Read the Classified Ads BLUE SUNOCO NEW Super Premium 24O STOP AT THE PUMP WITH THS YELLOW TOP BLUE \\ SUNDCO SUPER FAMOUS BLUE SUNOCO 200 STILL Premium Quality STILL at Regular Price COMPRESSION ASK FOR THEM BY NUMBER for highest compression cars Courtland (Cort) Pherson Sunoco Service Wo Give Top Value Stamps Market and Brown Street, Logansport Don Dawson Sunoco Service John Luxadder, Mgr. We Give Top Value Stampi • Market and 22nd Streets, loganiport Donald M. Boxell and Gene Donato's Sunoco Service We Give Top Value Stamp* W»*t at Juntcion 24 and 35 Trailer and Terrace CANOPYS and ENCLOSURES GLEN REID'S A & A 511 Erie Phone 3650 "Wrought Iron Headquarters" NOTICE On Vacation, June 15 to 23 For Plumbing & Heating Estimates & Installation Phone 2858 after this date. Dale Wickersham, Plbg. & Heatg. 1309 HIGH ST. COIN BA FREE! DBIRV QUEEN CELEBRATION TUES.&WED.JUNE18&19 BANK GIVEN wilh PURCHASE of ' ANY SUNDAE DAIRY QUEEN ic 171 To celebrate, vro'itt treating — giving away a beautiful plastic coin bank — a miniature replica o{ a DAIRY QUEEN Store — with overy purchase of our BIRTHDAY SPECIAL SUNDAE. Miniature store can also bo used a« a toy train accessory, mantle decoration, etc. This ojfor is good during Party Days only, so make it a date — make it a party —at DAIRY QUEEN I QUEEN NATIONAL OEH'tLOPMe-vr CO. 1800 E. MARKET PRICED RIGHT! NEW iENERAL ELECTRIC 12-CUBIC-FOOT "STRAIGHT-LINE" design REFRIGERATOR- FREEZER with TOUCH-ACTION Feature* BIG ZERO-DEGREE FREEZER AUTOMATIC DEFROSTING REFRIGERATOR SECTION REMOVABLE, ADJUSTABLE DOOR SHELVES BUTTER COMPARTMENT EGG RACK PORCELAIN VEGETABLE DRAWERS ONLY $3 5 9-93 AND YOU* OLD REFRIGERATOft 223 - 6th St. DON WATSON APPLIANCES Phone 2444

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