Telegraph-Forum from Bucyrus, Ohio • 12

-Y r11 iiynW ltaiiitiyny ftxy A rfILVX THE BUCYRUS (OHIO) TELEGRAPH-PORUM THURSDAY JANUARY 24 185T WANT ADS PHONE S-2SS1 r' irv'v nr Lykens Crawford Court News Charles Mill Lake Level Due To Be Restored Feb 15 MANSFIELD (UP) The level of Charles MUl Lake part of the Muskingum Conservancy District will be restored to normal Feb 15 no completion of relocation of Route SO east of here The lake was lowered four feet to permit removal of muck and to allow placing of fill for a new road bed Route 30 between Mansfield and Mifflin will be rebuilt by a Columbus contractor Says Tight Money Hurts Home Buying NOTE: Th following dispstck to third tai cries cl three givtnr the irn-mente far and against the policy dispatch ta written for Cubed Pres by Joseph Havers tick president af the National Assodatom ad Home Builders Medina Areas To Fight Proposed Municipal Court MEDINA Three Medina County communities united today to fight toe proposed establishment of a municipal court here to serve Medina and 17 townships Mayors Don Merriman of Wadsworth Zoid Morgan of Seville and Reynold ot Lodi Tuesday night said they would circulate petitions asking toe Legislature not to establish the court If toe court is set pp toe mayors said Wadsworth would lose $6000 and Lodi $7000 Reynolds said Lodi also would have to share $2000 of toe cost to up toe court The petitions will be delivered to State Rep Robert Johnson (R-Medina) Medina City Council last week adopted a resolution asking the Legislature create toe court Youth Fellowship Sunday Planned At Sulphur Springs Plans were made for toe Fellowship to be held next Sunday Jan 27 during the business of toe Youth Fellowship of Hope E-B Church Sulphur Springs held at the home of Lauretta Long Members will take part in church services and also will be in charge of toe Sunday School services next Sunday it was announced during the business session of toe monthly meeting In addition to these plans for Youth Sunday plane were also made for a roller skating party to be beld In the near future Topic for the evening was Your Windows to given by Arlene PQeiderer Gerry Keller was in charge of the recreation period The next regular meeting will be held in toe home of Larry Haner on Feb 17 Bobby Harley will lead the discussion Carolyn Feik will give toe devotions and Mike Long is in charge of recreation Refreshments will be served Looks At Accord look at the record la the field of consumer it is an ironic fact that any American family can tnke a European vacs oon on credit but it has difficulty financing a home ia today's money market on a mortgage guaranteed by the United States government The heaviest impact of the tight money policy has fallen upon the home buyer and the home trailing industry because they areTirngularly dependent on credit) and consequently are most vulnerable to changes in the credit supply Indeed it might Justly be said that they alone are bearing the burden of credit restraint since no other major segment of the American economy shows any signs of cutting back as a result of tight credit Fixed Interest Bates It should be remembered that much of the home building and home buying in the United States today operates under fixed interest rates set by the government Today these rates are unattractive to lenders because they offer a lower return than can be obtained from corporate borrowers who enjoy special tax privileges under our existing laws Certainly if money" is good for the country home builders as patriotic citizens would be willing to go along But builders think it would be more justifiable if the hard money policy were the same for all big and small for home builders appliance dealers automobile manufacturers steel companies chemical producers and all the rest of the businessmen who make 'up our complex loon Flea Constance Ness R4 I Chat-field plaintiff in divorce action against Willum Ness Rt Gabon filed here Jan 16 has been granted temporary custody of the minor child The ctefenoant has been ordered to pay temporary alt-many nod support paoebog the final decision Temporary custody of the minor ohaktoen has been swarded to Marietta Ganshorn 59 Parson St Gabon in aiUmouy action against Donald Gansborn 770 Bee ten St Gabon The defendant has been owfcred to pay temporary support and alimony The peutaac was filed Jan 9 Upon a motion of toe plaintiff Eulanda 336 1-2 -u-duaky Ave Bucyrus who on May 25 filed a petition asking a divorce from George Cbnard Bucyrus action has been dtsyiaseed The record was waived Virginia Miata Webb 933 Reid Bucyrus plaintiff has been granted a divorce from Simon Peter Webb Bucyrus on grounds of extreme cruelty The defendant has been awarded custody of toe minor children A separation agreement was approved The petition for divorce was filed July 23 A divorce from Emery Bege-dusic 243 Kutz St Willard has been granted to Julia Hegedu-sic 243 Summit St Gabon plaintiff on grounds of gross neglect of duty and extreme cruelty The petition waa filed Sept 1 Sunday guests of Mr and Mrs Carl Kstoer included Mr Mid Mrs Lloyd Peihck and daugener Connie of Upper Sandusky Mr and Mr Howard and daughters Naomi and Ruth and tons Larry and Milford John Davis aod 1 Jovoe Diaber of Marion and Mr and Mrs Charles Harrer Mr and Mrs Lester Pope and family were Sunday afternoon guests of MrutDd Mrs Arylm Ann-age and family of near Tiro Carol Lee Gregg was a Saturday overnight guest of Mr and Mrs Ed SciWk of Alvada Mr and Mrs Russell McCurdy and family and Mis Russell LaRue were Sunday supper guests of Mr and 'Mrs Ernest Grattan Weaver and daughter Mrs Ed Mioheoer attended toe funeral services for Clayton Hart-schuh at toe Moore Funeral Home in Sycam jre on Monday afternoon Mr and Mrs John Barnhart Danny were Sunday afternoon guests of Mr and Mrs Lyle Ran-som and Roger Mrs Charles Harrer and Mrs Car Kibler wens Monday visitors of Mrs Robinson of MannB Mr and Mis Lloyd Mictener and family of Mansfield were Sunday dinner guests 'of Mr and Mrs Bernard Bertsch and sans Mr and Mrs Ed Scbalk were Sunday afternoon guests of Mr and Mrs Forrest Gregg aod family Mrs Ida Oder visited her son Newell at St Anthony Hospital in Columbus where be is a patient after an eye operation He is doing satisfactorily but wifl be 'under cane for several weeks Mr and Mrs Herb LaRue were honored at a baby shower which was given lor them Sunday evening Those present included toe following: Mrs Ernest LaRue Mrs Petti LaRue and Mrs Russell McCurdy and daughter Mrs Russell LaRue Mrs Edward Schimpf Mrs Carl Jacob Mrs Raymond Gearhart Mrs Lester Zucker Mrs Ralph Brause aod daughter aod Miss Marcia Zucker By JOSEPH HAYERJSTICK President National Association of Home Bulldera Written Per United Press The American people have been listening for many months to a steady flow of reassurances from Washington that the so -called policy has been enforced equitably and impartially for their own best interests to protect the economy against inflation It is Downtime that they ask some searching questions of the money managers who are enforcing that policy How effective is the tight money policy? Whom is it protecting? Is it being operated under the traditional American principle of equal treatment for all or does it discriminate unfairly against one segment of our economy against one group of our people? If the aim of the federal credit control program is to slow down the demand for and use of credit 1 think it can fairly be said that the program has failed College In East Ohio Is Sought COLUMBUS (UP) Six representative today co-sponsored bill in toe Legislature to establish a state university in Eastern Ohm The bill provides for a commission to select a site for toe university and acme the land It was introduced by Reps A Lancione (D-Belmont) Joseph Loha (D-Jefferson) Arthur Miheson (D-Harrison) Francis Heft (R Monroe) Clarence Wetzel (R-Cciumbiana) Robert Longs worth (R-Carroll Eastern Ohio is a logical place for such a college or university as it is more than 100 miles from toe nearest state Lan-cione said The Belmont County Democrat said toe people of Ohio have to do some deep digging into pocketbooks if toe state is to educate property its college sge children" May Need $2 Millioa The bill carried no appropriation but it was understood that $2 million would be asked during this session to get the plan rolling Lancione said a study conducted by toe Ohio College Association showed that large numbers of Ohio's young peopie live outside toe normal range of commuting distance from colleges and universities should be taken to provide a better geographical distribution of facilities where youth could obtain at least toe first two years of college work he said Lancione said there is 'a of higher educational facilities in toe state and particularly Eastern Ohio He said toe college report indicates that 43 new institutions are needed in Ohio bring toe state educational opportunities to a level commensurate with economic and population level on national Lancione said that he had been working about six months on toe proposal and that toe bill's sponsors acted in response to a strong public for such an institution LAMENT FOB BEAVERS CORINNA Me Orlie Sprague a member of toe Maine Legislature waa moved by nostalgia when he learned there a beard in toe new legislature He recalled that in toe Maine House 50 years ago members wore mustaches or full beards and only 30 were economy Industrial Borrowing Con tin sea The fact is that the hard money policy has not halted industrial borrowing for plant and equipment expansion In 1954 business spending for new plant and equipment amounted to $27 billion in 1955 was $29 billion and in 1956 it has reached $35 billion This is a strange form of credit reduction In 1955 American industry financed about 80 per cent of its expansion out of its own capital reserves and went to the open in competition with prospective home buyers for only one dollar of every five needed for expansion But in 1956 one dollar in every three spent by American industry for new plant and equipment was borrowed in the open maket and the spending wat on a far greater scale than in 1955 Moot Pointed Comment Perhaps the most pointed comment on the effectiveness of the tight policy is to be found in official figures prepared by the Department of Commerce and toe Securities and Exchange Commission They show that spending on new plant and equipment for industrial expansion ran at an annual rate of about $25 billion when the Federal Reserve Board first started its "restraint' on credit in 1955 and that it has moved upward in an unbroken line since that time to a rate of nearly $40 billion at toe present moment And this at a time when American families are being told that it is to borrow money for new homes Neither home builders nor home buyers are asking for special treatment But they are convinced that toe time has come when there should be a thorough going re examination of our monetary policies Galion Community Hospital News GALION Community Hospital admissions: Mrs Raymond Beck of Wooster Bobby Buchanan and Mrs John Jordan Gabon Releases: Mrs Cart Baehr Juanita Black' Mrs Clarence Chubb Mrs Salvador Dennda and baby Gallon Harvey Hiltmer of Rt I Gaiion Mrs Glenn Shriner Mrs Maurice Neptune end baby Stephen Waybrighit Mrs Keith Rehm Mrs Melvin Conley Gallon St Virginia Mission Band Meets At Sulphur Springs The Virginia Mission Band of St Paul's Lutheran Church of Sulphur Springs met Saturday in the church basement As toe session opened Mission was sung The scripture was given by Kathy Walker followed by toe prayer During the offering Band Rally was sung The group then divided into class-Members used a package of Christmas cafds for admission Refreshments were served 6-IUCHER3" While Enjoying KROGER'S (In Bucyras) Everyday Vaises HARDEN'S inrsrc store Of Marion Invite Ton To Hear The NEW HAMMOND CHORD ORGAN The Instrument ANYONE Can Flay In Minutes SATURDAY JANUARY 2th FOR WORK FOR FUN I Oil canoed Oro Rnssst Uppers Genuine Wedgs-cyps arch-sop-porting cushion crops solas OnSgnu'XtdWing we st-Proof Insoles crack curi Nsilsss construction assures lighter weight renter texi bilily MFOO SYS British Atomic Weapons Chief Coming To il LONDON British atomic weapons chief Sir William Penney will accompany Defense Minister Duncan Sandys to Washington this weekend for vital talks on revised military program it was reported today The Atomic Energy Authority confirmed Penney has been added to toe high-powered delegation Reports said he will strento-en hand in bargaining atomic know-how for American missiles Britain faced with a financial problem created by its ill-fated attack on Egypt plans a drastic cut in military expenses by basing its defense on guided missiles rather than conventional fighter planes and bombers Sources said this will permit heavy cuts in toe standing army toe navy and toe air force The reappraisal ordered by Prims Minister Harold Macmillan may delay defense budget this year by as much as three months 1 Says Ohio Ahead In Road Program CINCINNATI A federal highway administrator told toe Citizens Development Committee here Tuesday night that Ohio is ahead of most states in Its road program -John A Volpe said Ohio along with six other states obligated all of its 1957 interstate apportion-ment fund He said "phenomenal had been made in 'getting toe program under way all over- the country 1 Ohio he said will receive $390 million in federal highway funds the next four years Volpe said this amount is equal to what It receive ia toe last 40 years COM vj nr ON A MM lOCpn AMERICAN SHOE SERVICE Expert Shoe NattenaBy -Famous Red Wing and Freeman Shoes for Men ond Toting Men 122 Sandusky Ave' CUSSINS FEARII A GOOD PLACE TO BUY 305 SAHDUSKY AYE PHONE 4-1976 The Phoeniclens ing on the coast of ed toe first practi a people Syria per cal alphab SELL BY CLASSIFIED EASY TERItS Pay As Low As $125 A Week DXE IT C1FS FUiCCS Cit4hri YATIB L'EATU DIG BIG REPEAT SALE! Fcr A Limited Time! Tfct ftet AsfgoiHc Wtftr Essitr tea tsj Isw At A Ytry Sffdbl Kt4-Wider to Fffetl 1 The Chieftain costs less than a lot of the low-priced" cars yet delivers MORE POWER -MORE MORE ROOM I I TUsk ftin big brawny koaaty wonld fetch a fancy figure? Not Chieftain It's mad to order lor tekhfel priond right down then with strictly budget jobel Surprised? Ton'll 1 morn no whoa yon look over Ihn long list ot premium feature in thin brilliant nwoomr Under Ibat glamerowr garb far nampis in a rock -rugged X-member from riding solidly a lop a whqpfdng 1224ach whoIbanl Cushioning each whMl in Level-Line Rkfe Pontiac' nw dimwosioa in bringing yon th smoothest safest rkfe you'v ever known And np front ta th deep-chested nsnr 347 an fe 10 to 1 compression ratio StrahStrak Y-8 mgio-Qi tweet a performor as jl down fcs piW Sat wonts on sop dreaming! Corns in and have look at this big and eye-rubbing priosl Sbs It up! Ws'rs willing to wager your mast step will bs into a Pontiac Chieftain! PAY LOW AS $125 A WEEK KZESIATE EEUYEXY! fcrj Ttw tog ttAiyd UFt 41 113 ST CSE3 rranbeit hot nraecawa 179 UTIL tZZZZ 1755 Tssjcra 105 Tipper WcU4 7m -KUaCKEKX 169 1 doors 2 shehen FVel potters 12'xfiV Rll SnfUi ItekteMt 14xU M'xB'xSO' Clothes rod tie tility unpc davis PoriTiAC 314 5 Sandusky Are Bucyru Plione 5-1776.