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Salt Lake Tribune Newspaper Archive: February 27, 1949 - Page 1

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Publication: Salt Lake Tribune

Location: Salt Lake City, Utah

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   Salt Lake Tribune, The (Newspaper) - February 27, 1949, Salt Lake City, Utah                                THE SALT LAKE TRIBUNE Sunday February 27 1949 Is U S Economy 33Bound Idle Jump Alerts Experts By SIGBID ARNE WASHINGTON Feb 26 Are we on the slow downgrade to another 1933 Jobless jumped from 1640000 in October to 2700000 in January A billion fewer dollars are float ing around in daily sales than at the postwar peak in December 1947 Railroads textile mills shoe fac tories are either laying off work ers or working them shorter weeks Jumping unemployment figures have alerted economists in the de partment of labor department of commerce and social security ad ministration Lower Prices Government economists general ly agree todays events mean we are shifting to lower prices But they say this need not mean con tinuous unemployment Some where along the line they think large numbers of buyers should show up again as prices drop because they estimate Americans still have savings of 000000 Republicans in the house argue this view Several have referred to a Truman depression in the making Rep Charles A Halleck R Republican floor leader in the last congress says he doesnt want to contribute to undue pes simism but that many signs show a slackening in particular the drop in farm prices He thinks many policies advo cated by the Truman administra tion are creating a lack of con fidence not only among manage ment leaders but among farm ers small businessmen and wage earners Rep Earl Wilson R Ind told HELP for your HEARING TELEX HEARING CENTER B C MORRIS CO 504 Judge Bide Salt Lake City 41382 City State the house the Truman depression is on He was speaking about a re quest for more money for the U S employment service and pro tested that during the 80th Re publican congress there had been no such need to help jobless He said had we elected a Republican president we may not have had this unemployment today Government research shows that the dropping prices are spotty Social security experts say they hit luxuries such as furs and jewelry first They are now hit ting some clothes and shoes They have not yet hit the scarce and highpriced steel products Both prices and jobs began to drop in October Denied Increases Secy of Labor Maurice J Tobin testifying before a congressional committee said both textile and shoe workers in New England were denied further wage increases recently because the negotiators thought the industries couldnt take on added costs So far there have been no strikes in those groups The United Auto Workers has one General Motors may ease the drop in De troit It permits lower wages when the costofliving index drops Tobin says it has dropped about 2 in the past half year One government labor expert says labor union leaders are shift ing their concern to security management may be more willing to promise pensions for old people for the reason that pensions are a cost which can be put off Other Conditions Here are some other conditions which economists think could pre vent the severe drop which hap pened in 1929 1 Both labor and management know more about economics and are more alert to the danger of unemployment 2 Many more workers belong to trade unions and union leaders will resist too fast a drop in either employment or wages S The federal reserve now asks that people buying on installments pay down a third the price of an auto and a fifth the price of many house furnishings Any time such industries have real trouble the federal reserve could take off the downpayment rules to stimulate buying 4 The government now supports prices of some important farm products so they cant drop too far 5 The social security system now pays out small checks to workers over 65 years and for a time to workers who lose jobs AMAZING VALUES OFFERED AT CAMP KEARNS FINAL SITE CLEARANCE SAL PRIORITIES WEEDED FIRST COME FIRST SERVED CAFETERIA EQUIPMENT Double Drain Galv Dough Scales 395 Stainless Steel Food Cafeteria Tables 495 Coffee TJrns and Toasters BATHROOM FIXTURES Commodes complete with valves 1345 Lavatories wash white china complete with faucets1245 Urinals white china 275 PLUMBING SUPPLIES Therapeutic bath tubs ideal for hospital use 11950 Faucets double swing polished brass 595 Hose bibs inch99 Shower heads ea 45e Pipe collars chrome for 1inch pipe8 for 98c Also Valves Pipe and Pipe Fittings BUILDERS SUPPLIES Doors inside 5panel excellent1175 TAPE Rubber Ig roll Friction roll Vises swivel base 4 17 SO Wire Hope lOO Cold ChiseJs Hoists spur 2ton 9750 Hinges enormous quantities large selection Special Price Copper Wire various sizes Household Necessities Light Sockets key type Chest Handles35 pr Plywood Boxes varnished 24x24x25inch198 Laundry Hampers with casters 45O Oak Settees for waiting rooms or sun porches 1475 Wax Paper 2xl5ft rolls2 fo Jute Steel Storage Cans insulated 30gal 295 Shovels round point 135 Want a Neiv Car You May Payment Break WASHINGTON Feb 26 Youll have more time to pay on a new automobile if a well in formed private credit man doesnt miss his guess This man a Washington vet eran foresees a compromise in the tussle between the federal reserve board and Rep Wright Patman D Tex over install ment credit controls He predicts the board will ease installment conditions now per mitted and will in turn get its authority extended perhaps permanently Present authoritiy due to ex pire June 30 lets the board fix terms as it sees fit Right now it requires a onethird down payment on an automobile with 18 months to pay a balance of over and 15 months for a balance less than Patman wants the pay off time extended to 24 months or more Red Air Force Gains Fast Article Holds WASHINGTON Feb 26 CTPS Soviet Russias air orce which was estimated at 0000 planes at the end of the var is forgingahead steadily vith the help of German scien ific brains and its own immense esearch facilities but it is still evoted to the basic aim of sup orting ground troops instead of trategic bombing This is the appraisal of the Red ir force by the British aviation nagazine The Aeroplane reprint d in the March issue of the Mili ary Review published by the rmys command general staff chool at Fort Leavenworth Kan German Brains We may reasonably assume hat the already powerful Russian esearch and development facili ies have been expanded and ave by now done much work on INDUSTRIAL EQUIPMENT 60 hp Automatic Coal Fired Boilers WinWer Industrial Stokeis model 20 25000 Condensate Return Pumpstj 35000 Refrigeration Plants complete 3room 210000 May Be Moved Conveniently MILLER UTILITY HEATERS 3995 Complete with motor and blowers Operates on any liquid fuel OIL SPACE HEATERS1975 to 3975 80000 to 75000 BTU GAS SPACE HEATERS all complete 975 to 2200 25000 to 60000 BTU MANY OTHER VA1LUES INCLUDING BUILDINGS THAT CAN BE MOVED INTACT Standard Surplus Inc Kearns Utah Ph 55995 or Mur 1307 Parade of Vets For Bonus Still Passing By ASSOCIATED PRESS The parade of veterans bonus plans that started a swing through the states early in the war still is going strong New bonus bills now are before the legislatures in 11 states If all of them were enacted about 000000000 would be paid to ap proximately 2000000 men and who served in the armed forces in World War II Bonus program have been ap proved by voters or lawmakers in six states but they are not yet in operation They involve 000000 that would go to an esti mated 2000000 exG Is Louisiana Plans Louisiana plans to start paying to 300000 vets next month Nine states are distributing 537000000 to 4750000 living vet erans or the next of kin of their dead buddies Thus the suma paid promised or proposed add up to 000 for 9050000 men and women in 27 states More than half of that total however is tied up in measures that are at one point or another on the legislative assembly line New bonus bills have been in troduced in Wisconsin West Vir ginia Tennessee South Carolina Oklahoma New Mexico New Jer sey Maryland Maine California and Washington There is no way to tell right now how many of them will get an official okeh A bonus proposition already has been killed in Montana Washingtons proposed bonus was ruled but another plan was drafted in an effort to overcome the state supreme courts objections Idea Approved The bonus idea was approved by voters last year in South Da kota lows North Dakota Minne sota and Indiana The legislators took it up from there this year South Dakota promptly enacted it into law The lawmakers also arranged to raise the money need drawing 500000 from the general fund adding a 2mill general property levy and hiking the sales tax from 2 to Legislatures in Iowa North Da kota and Indiana are working on the problem of financing a bonus Minnesota lawmakers are sifting various proposals for obtaining the cash and making payments Pennsylvanias legislature ha approved a bonus for an estimated 1280000 veterans The voters wil decide next November if they want to cover the outlay with a 000000 bond issue That would be the largest amount authorized by any state Paying Bonuses Nine states are paying bonuses and most of the money already has been distributed They are started the bonu parade in Hampshire Massachusetts Rhode Island Illi nois Michigan New York Con necticut and Ohio Twenty states provided bonuses after World War I but the tota came to only HEAR SECRET w tk miniature aring Aid Thrill again to new more active hearing your bearing loss is concealed from everyone Hid den comfortably awcrf tfa0 new miniature Mexico will Vivo the clear fresh hearing you always hoped ior Matco HEAR RINGS Others Me only the beautiful Hear Rings you wear as jew elry Only know their hidden secret as you hear dearly and easily again Loom bow hearing loss can be concealed as it is conquered Mail this ad with your name and address 01 come in person to Maico 268 SOUTH STAT Suite 317 PHONE 5865J jet engines rocket motors and guided missiles the British mag azine said Progress is likely to have had a steady acceleration since 1945 and has been strength ened by a powerful influx of Ger man scientific brains Recalling that the Russians dur ing the war relied upon and ob tained good results from simple and crude aircraft designs the analysis said that the Russians have now had more than four years in which to emphasize qual ity instead of quantity Mechanical People The article said that we must now look on the Russians as me chanical people with an evergrow ing interest in things mechanical and we must not ignore the brilliance of their weapons de signers Their basic material in the way of personnel is good with a natural aptitude for mechanical training the magazine said Their bravery is fantastic Fi nally we must not forget that the Russian does really believe his propaganda He is allowed to know nothing else Harsh Discussions Produce Great Things Thomas Says Tribuno Special WASHINGTON D C Feb Harsh discussions often engaged in by labor unions employers as sociations and even the congress of the United States are not dis turbing when it is realized that out of such discussions come great things Out of it Sen Elbert D Thomas D Utah declared here Saturday night we find de mocracy seeking the truth Sen Thomas former member of the University of Utah faculty spoke at the 35th annual meeting of the American Association1 of University Professors in Statler hotel In an address on The Meaning of Intellectual Freedom the sen ate labor committee chairman asserted that such freedom can never be any freer than the bounds of its physical mental political and economic environments If we are to attain the ultimate which a free mind should offer we can do it only when the bounds which pin us down are made less narrow he said There are not many freedoms there is in reality only one freedom for the many are so closely related Perhaps it is better to call it mans free agency The Utah senator warned his listeners that freedom does not mean license in the realm of thought There is as much dan ger that will come from absolute and complete intellectual freedom as from any of the other free doms he cautioned Suspenders for Army WASHINGTON Feb 26 army has ordered 900000 pairs of suspenders for its Arctic troops Cold weather cloth ing it was found cannot be worn satisfactorily with a belt Slightly Used SPINET PIANO at Big REDUCTION Save LOW MONTHLY TERMS ON IT TODAY SUMMERHAYS MUSIC GO 17 WEST 1ST SOUTH Salt Lake City Dial 34470 Beautifully Appointed V Down a Month A living room to be proud of to live in in comfort The smartness of modern design combined with the timeproven knowhow of construc tion Besides the RADIO you get all these Modern Innerspring Sofa Matching Lounge Chair Harmonizing Occasional Chair Attractive Cocktail TabU Matching Lamp Table Matching End Table ChinaBased Table Lamp PLUS THE RADIO Sensational Special Offer I Every group pictured a value that would be hard to beat any where at any price Then Standard Furniture Company goes even further and gives you a powerful ACDC table type radio with long range reception and especially clear tone If you buy all THREE groups youll have THREE radios one for each room USE YOUR CREDIT RADIO jNCLUOED Modern Waterfall Bedroom Plus Expertly matched veneers are used beau tifully on the cabinet pieces fronts and the panel end bed Topped with the lovely 1 curves of waterfall styling Your RADIO and all this included Down a Month 1 Full Size Panel Bed Chest of Drawers Vanity With Large Mirror Innerspring Mattress Matching Vanity Bench Coil Spring PLUS THE RADIO UptotheMinute Group TANDARD FURNITURE COMPANY 9 SOUTH MAIN JUST NORTH OF ZCMI Who wouldnt enjoy preparing and serving meals in this bright spot Asparkle with chrome snowy enam el and colorful leatherette and gay linoleum and RADIO too 199 Down a Month PorcalainChrome Table 4 ChromeLeatherette Chairs White Metal Cabinet Modern Range Colorful Felt Rug PLUS THE RADIO Its a fact Can Do Better at the Standard   

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