Logansport Pharos-Tribune from Logansport, Indiana on June 11, 1957 · Page 24
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Logansport Pharos-Tribune from Logansport, Indiana · Page 24

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Logansport, Indiana
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Tuesday, June 11, 1957
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Page 24
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Eight Logansport. Indiana, Pharos-Tribune Says Communists May Adopt Installment Buying System * • •» / NEW YORK (UP) — The Communists may use a cornerstone of the capitalistic system to help cure their economic ills. The Russians are reported considering the introduction of a limited form of installment buying, the installment plan, paying the debt in equal monthly amounts. Latest figures showed that Americans were "in hock" to .the tune of 40 billion dollars. Nobody was overly concerned about the debt because Americans have es- which is about as American as In- tablished an excellent repayment dians, ice cream cones and hot dogs. The unique buy now-pay later plan, which roared in with the 1920s, has become an accepted part of American economic life and has spread to Western Europe. This system of borrowing for the future to buy things today explains in part why Americans own more automobiles, washing machines, television sets and homes than anyone else in the world. Americans-are even sending their children through college and going on round-the-world vacations on record. Reports from Russia indicated that the Communists are looking into the advantages of making installment buying available for the Russian consumer, whose standard of living is below that of his American counterpart. installment buying, if adopted by the Communists, would represent a major concession. They long have denounced this form of retailing as "decadent capitalism." A. W. Zelomek, head of the international statistical bureau, told the United Press the Russian change Mayflower II Moving Ahead of New Breeze PLYMOUTH, Mass. (UP) — A vagrant sea breeze found the becalmed Mayflower II today and sent her plunging off toward a triumphant welcome. The 92-foot ship, replica of the 17bh Century square - rigger that carried the pilgrims to America, scudded along on a southwesterly wind headed for the Nantucket Light Ship. She was expected to rendezvous with dozens of private yachts near the lightship sometime today. Today marked th e 51st day at ?ea for the 180-ton Mayflow-;.- But she was still i favorite to eclipse the 66-days required by the origi- na". Pilgrim ship for the Atlantic crossing. Walton of heart apparently would be based on the realization that installment buying has been one of the things Huge Fleet Maneuvers For Review NORFOLK, Va. (UP)—The gunmetal gray ships of a great inter- shoring up the' American economy. | national review fleet today began "The Russians apparently have tne dangerpus shifting of their changed their mind that- install-j ment buying breeds depression," Zelomek said. Zelomek, a visiting professor at the University of Virginia Graduate School of Business Administration, said installment buying raises living standards by making it possible for people to acquire things they otherwise would have to forego if they'had to pay cash on the barrel. "In addition," he said, "experience has shown that a man will work harder to pay off his debts. As a result, installment buying stimulates both consumption and production." Flora New officers were installed at the meeting of the Christian Women's Fellowship Thursday afternoon. They were Mrs. Carrol Stout, president; Mrs. Keith Sisson, first vice-president; Mrs. Richard Curls, second vice-president; Mrs. Walter Allen, recording secretary; Mrs. Maude McNeil, corresponding secretary; Mrs. Dale Boiler, treasurer. Mrs. Russell Ratcliff was in charge of the installation service. Mrs. William Helvis, outgoing president, presided over the meeting. Group leaders and other appointive officers will be chosen by the new president. Union church services were held in the Presbyterian church Sunday evening. Rev. Lincoln Stafford, of , the Baptist church delivered the Mr. and Mrs. James Hedge of sermon. Gerald Clingenpeel sang. Galveston are the parents of a The June 16th service will be held son born June 6 at the St. Joseph in the same church. A film will hospital in Kokomo. The mother j be shown. is the former Sherry Umbargerj of here. Mr. and Mrs. Clarence. Shaffer vacation trip to the west coast. In and Mr. and Mrs. Max Bruner' California they will pick up their Rev. and Mrs. George Whipple John left Sunday noon for a •attended a wedding at Hamlet Sunday. Mr and Mrs Hubert House spent the weekend with Mrs House's parents in Pontiac, Mich. Dennis Preiser, son of Mr. and Mrs. Paul Preiser, is attending Boys' State at Indiana university. He is being sponsored by the Walton Legion post. The Young Married People's •class of the Otlerbein church held a fellowship dinner at the church recently. Flowing the dinner a meeting was held. Paul Preiser son, David, who spent the school year with his maternal grandmother. In Portland, Oregon, or. June 23, Rev. Whipple will be guest preacher at the Golden Anniversary observance of the establishment of the Kern Park Christian church, where he was minister before coming to Flora, and where Mrs. Whipple was ordained into the ministry. They will return to Flora the last 'of the month. Fred Oyler, son of Mr. and Mrs. Russell Oyler west of Flora, and of near here, attended the commencement exercises. Blue Ribbon 4-H club of Monroe township held their last meeting in the school gym. Shakuntala Sar- naik, International Farm Youth Election in Lebanon Latest Defeat for Pro-Red Nasser positions to form a long finger of naval might pointing toward the open sea. The maneuver called for moving more ships on one day than ever i - . before in the war-torn history O f with Nasser s backing, plotted to Lebanon has inflicted the latest of a series of defeats on pro- Russian, anti - Western. President Gamal Abdel Nasser of Egypt. The pro-Wes'.ern, anti - Communist' government of Lebanon has won 19 out of 22 seats contested in a national parliamentary election. This follows the successful victory of King Hussein of Jordan the leftist elements who, would have won 20 instead .of 19 seats had not an independent candidate taken sufficient votes in one district to defeat Solh's man. The remaining 44 of the 66 seats in Lebanon's single - chamber parliament are to be contest Hampton Roads. A Navy spokesman said the shifting of 85 American warships and 33 warships from 17 visiting nations had been worked out with such precision that it was expected to be completed without major difficulties. Rear Adm. Claude V. Rickets planned to direct the operation from a Navy blimp hovering over the roadstead and the flag-decked ships. Buoys were placed in advance along the 14-mile course from Hampton Roads to the Virginia .Capiiu. Plans called for the ships to anchor at the buoys in a dou- overthrow him. It follows also the meeting in Karachi, Pakistan, which greatly strengthened the anti - Communist Middle Eastern Treaty Organiza-l tion—the so - called Baghdad Alliance — that Nasser bitterly op- Tuesday Evening, June 11, 1957. meeting Friday afternoon, June 7, at the beautiful home of Mabel Salomon, with the assistant hostess being Mary Lane. Twenty-two members answered roll call. Nancy Elmore and daughter, Jill, and Marilyn Inskeep were guests. A miscellaneous shower was given Marilyn and she received many beautiful and useful gifts. that >ept " gr '" sus P ense ed' ,r. «£*£T *. elect^s in *v«l gifts were ™ed ir. such other parts of the country on the. next three Sundays. There is no reason to believe that the leftists can do any better than they did in the first one. while she was unwrapping them. Several contests were enjoyed, th» winners giving the. prizes to th» bride-elect. Delicious refreshments wer» served and a pleasant afternoon spent. The next meeting will bi a night meeting with Alberta Salomons. There will be a miscellaneous shower for her daughter, Sandy. Watch for the time. Exchange student, from India, gave bie row which the review ships a talk. She has been a guest in i will sail down and back tomorrow. ! the home of Mr. and Mrs. Fritz i The Navy ordered the .fleet to, poses. A'; present, Egypt and its fellow- traveller Syria are very nearly isolated in the Arab world. Kefuse To Follow Lebanon, Iraq, Jordan and Saudi will have refused to follow Nasser. The remaining countries of the nine-nation Arab League, Yemen, the Sudan and Libya, are giving Nasser no support. ', the pro - Russian gov- is Monricello Charles Richard Gamble of Monticello received the bachelor of arts degree. Sunday during De- Pauw University's 18th annual commencement exercises, at Schnepf. Mr. and Mrs. Truman Plank, of near Cutler, and Mr. and Mrs. I move to the buoys in a kind of water ballet, which involved huge floating forti . . er Fritz Schnepf entertained the In- lne ''»,ooo-ton u.b. supercarner,, , -i, j;^« n t,.,i««t- ]„ «,_ c~i 1 !,„— Saratoga. Ihn 40.onn-t.nn British ... - sn It has long been apparent that of of the students in the Schnepf home near Bringhurst; 44 attended the dinner. The afternoon program was in charge of Eric Holms, of Purdue university. Guests were Mr. and Mrs. Louis Wade and family and Mr. and Mrs. Robert Kinney and family, of Witley county, which .will host the git-Is next. Other guests were Mr. and Mrs. Eaic Holms, of Purdue; Dr. Arvadh Bhatnager, from India extension department; Mr. and Mrs. Ovid McKinley and family of Wabash; Marion Harris, from England; Mr. and Mrs. Elmer Becker and family, of Woodburn, Ind.; and Rev. and Mrs. D. L. Wingard, Mr. and Mrs. Fritx. Schnepf, Jr., Mrs, Faye Wise, Mrs. Richard Mcars, Mary Jane O'Farrell, Mr. and Mrs. Ted Brown and family, and Jerry Wagoner, all of this county. Rev. F. Kaye Bass has returned to the Flora Methodist church. A fried chicken supper will be held in the Flora Church of the Brethren June 20. Mr. and Mrs. Russell Harter were weekend guests of Mr. and Mrs. J. Howard Payne and family at Indianapolis. Mrs. Eleanor Flora, assisted by Mrs. Joe Northcutt entertained the Trl F club Wednesday night, June Richason and Ralph have been dismissed church. Charles Sehwalm from the St. Joseph hospital at Kokomo. llospitalman 3/c and Mrs Danny Layman have returned to the Naval base at Jacksonville, F!a., after a leave spent with relatives and friends here. Mr. and Mrs. Gail Cook and daughters of Grecnsburg are vacationing here. They visited Mr. and Mrs. Bob Webster and son at Plymouth a few days and were dinner guests of Mr. and Mrs. Doc Balier and son Sunday. The King's Daughters class of the 'Methodist church will meet Tuesday evening at the home of Mrs. Boa Layman Mesdames Vorne Conn, Harry Bean, Elmer Shuman, William Fitzer, Herman Deniston and R. M. Kaiser motored to Indianapolis last week. Mr. am! Mrs. Bob Bowycr of county. He succeeds Junior Mannies who goes to Delphi. Fred was a member of the 1946 Badger state final team. He was in service two years. He was in Korea. He was graduated from Franklin college in 1956. Last year he was assistant coach to John Shakel at Winslow high school. He will handle sports and teach history, physical education, and health and safety at Washington township school. Jerry Fouts, son of Mrs. Junior Shank, formerly of Flora, was one of IliO graduates of Elwocid high school this year. He has been pres- idcnt of the class and he introduced the crimmoneement speaker. He was president of his sophomore and junior classes at Flora high school. Mr. and Mrs. Lawrence Douglas, sons and Mr. and Mrs. Basil Ayres are on a vacation in northern Michigan. Saratoga, the 40,000-ton British carrier Ark Royal and the American battleships Iowa and iscon- sin. Most of them need more than a half dozen tugs to navigate them while in narrow waters near dozens of other ships. Store Hours Change Will Be Discussed Proposal to change Logansport store hours from late Saturday to late Friday will be discussed by a Chamber of Commerce commit'.ee Wednesday at 10:30 a.m. Stores slay open now until 9 p.m. Saturday. The new proposal, if approved, would change that to 5 p.m. Saturday and make it 9 p.m. Friday. Paul Bailey is chairman of the store hours' committee. Other members are B. J. Combs, Ronald Barnes, Louis Mohlman, Richard Rammel, George Thomas, William Rehm, Jr., and Ralph Todcl. Longest scoring play in Syracuse University football history was made by Chester Bowman in 1923 when he carried a kickoff 190 yards for a touchdown against William and Mary. Deacon Grange Meets Wednesday at 8 P. M. Deacon Grange will hold its regular meeting Wednesday at 8 p.m. Howard Wolf and Corolla Seward will furnish mystery prizes. Program will bs in charge of Helen Leffert, Ruby Rife, and Garnet Gripe. Members of the refreshment i commiUee are Mr. and Mrs. Chester Crockett, Mr. and Mrs Homer Martin, Mr. and MTS. Edgar Ramer, and Mr. and Mrs. Earl Purcell. Read the Classified Ads Logansport are the parents of a daughter, Vicky Joan, born at the St. Joseph hospital. Mr. and Mrs. Langdon Patterson of here are the maternal grandparents. The Instant Taste is gone! : f ^Slnstant Fblgers Coffee Making fine whiskey- is an art-and they helped to perfect it Bond & Lillard is more than ordinary whiskey- it is the magnificent Kentucky whiskey created by back-country distillers William Bond and C. C. Lillard William Bond and C. C. Lillard look pride in their whiskey. They used only the sweetest kernels of corn and the purest water. That's why folks liked their wjhiskey so much—and still do. Try it soon. Always ask for cfe AVAii.Anr.>i. Kentucky Straight Bourbon WMskey-rG years Old THE BOND & LILLARD COMPANY, LOUISVILLE, KENTUCKY, DISTRIBUTED BY NATIONAL DISTILLERS PRODUCTS CORPORATION • BOTH 86 PROOF • KENTUCKY BLENDED WHISKEY CONTAINS 65% GRAIN NEUTRAL SPIRITS King Saud of Saudi Arabia had grea'; deal to do with that, tid's influence in the Arab orld certainly is equal to Nasr's. Saud's visit to President isenhower last January and Febary marked an important turn Arab countries toward the est. Nasser's setbacks, of course, ean a setback also for Soviet ossia in its persistent attempt penetrate the Middle East. Correspondingly, they constitute victory for the United States j Greencastle. Gamble is the son of Mr. and Mrs. Charles W. Gamble, 525 W. Harrison street. ' Traditionally held in Blackstock Stadium at 6:45 p.m., the exercises featured an address by Thomas J. Watson, Jr., president of the International Business Machines Corporation. More than 360 seniors and graduate students had academic de-| grees conferred upon them by the president of the university, Dr. Russell J. Humbert. Sunday morning Dr. Humbert delivered the principal address at baccalaureate services on the campus. FOR FATHER'S DAY Give him... Aflor Shovo Body Tolcum 1 00 Dick received a BA degree in political science. Attending the all day graduation ceremonies were Dick's grandmother, Mrs. Anna B. Chaffin, his parents, Mr. and Mrs. C. W. Gamble, his sister, Gail Gamble and Rob Koontz, home on a month's leave from West Point Military Academy. Report from hospital: Dismissals: Wilbur Crowell, R. 1, Burnettsville; Mrs. LeVonne Rozhon, 615 West Market; Walter nd especially for the Eisenhower G. Heimlich, 502 West Market; octrinc agains 1 . Communist infil-JMrs. Richard Hamacher and son, ation in the Arab countries. Pro-Nasser PliAlurni The opponents of pro - Western remier.Sami el Solh in the Leb- nese election campaigned frank- on a pro-Nasser platform. In the voting which took place unday, the pro - Nasser candi- ates won just two of the 22 jats at issue. The government R. 1, Idaville; Mrs. Ronald Miller and son, 401 S. Main; Mrs. Jackson Crowder and daughter, R. 4, Monticello; Mrs. John Kovatch, 301 South Bluff; Roy Buis, Idaville; the infant daughter of Mr. and Mrs. Charles Harris, 610 South East street. The members of the Friendly Neighbor club enjoyed a delightful FATHER'S DAY-JUNE 16 Prices plus tax, except on Smooth Shdve, Electric Shave and $000 We Have a Complete tine of OLD SPICE AND SEAFORTH TOILETRIES Hundreds of Other Gifts All Beautifully Gift Wrapped for Father'* Day Timber lake's Gift Shop Greatness Is Never Achieved Suddenly I It has long been true, in (lie affairs of men, that only time can confirm the gift of greatness. Artist, statesman, writer, craftsman—each must await the years for the maturity of his talent and for the verdict of his judges. And as it is in the affairs of men, so it is in the •world of commerce. Nothing great was ever created suddenly—whether the product be that pf an individual or of an organization. Here, most certainly, is the very genesis of the unique position which Cadillac currently occupies in the hearts and minds of the world's motorists. Since the first Cadillac car made its appearance more than fifty-five years ago, it has always been created to a single objective: to make it as fine a motor car as it is possible to produce. And, without question, the mission and the accomplishment have been one and the same. The goodness of Cadillac has, in fact, been so apparent over that lengthy span that the Cadillac name stands today as an accepted synonym for quality wherever highways exist. The pretenders have come—and they have gone. For time is an exacting taskmaster—and only the principles that have created the great Cadillac car and only the devotion that has given it being have been equal to the challenge. Never has this fact been more deeply etched in the public consciousness than it is during the present automotive year. If you have yet to take the wheel of a 1957 Cadillac, you should hesitate no longer to visit your authorized Cadillac dealer. Waiting for you in his showroom Is proof beyond doubt that Cadillac is—in fact as in reputation—the Standard of the World! VISIT YOUR AUTHORIZED CADILLAC DEALER

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