The Shrinking Dollar Editorial Urges Frugal Policy
The piece argues the dollar has fallen from 100 to 29 cents in the current century and calls Congress to pay as you go highway funding, curb inflationary wage hikes, ease bond rate limits, cut wasteful defense and public works spending, and curb monopolistic labor power to stop further devaluation. It warns against continued spending that could erode the dollar to 15, 10, 5 cents, or zero.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
United States
Chamber
Congress
Billion Dollar Boo Boo Hits National Project
Critics claim a vast construction program touted as essential to national security mispriced the overpass clearance. They note the 14 foot clearance is three to four feet too low for missile bearing trucks, raising questions about federal planning and cost.
Government Functions and Hazlitt on Public Policy
The text argues government should preserve peace order justice life and property and maintain sound currency. It warns that failing to fulfill these core functions leads to burdensome taxation degraded currency diminished incentives and erosion of freedoms.
MENTIONED IN THIS ARTICLE
Henry Hazlitt
Depletion allowance shields oil producers in risky ventures
The article argues for preserving the 27.5 percent depletion allowance as essential to oil exploration. It notes the high risk of wildcat wells and the need to incentivize investment as costs rise with inflation and deeper drilling, warning that reducing the credit could dampen future oil supply.
MENTIONED IN THIS ARTICLE
Contrawg Cyxnet
Congress
Autumn Memory Lane News From Shafter Archive
Ten year old item notes Minter Field temporary base for cadets of proposed aviation academy, cleanup week proclaimed by Mayor McClure urging citizen participation. Rotary Troop 53 Scoutmaster Kenneth Pipkin receives Silver Beaver. Public social updates include Wahanka Snobs Gate group, Wednesday Afternoon Club dessert meeting, and Baptist Girls Auxiliary activities with Royal Ambassadors guests.
MENTIONED IN THIS ARTICLE
Minter Field
United States Aviation Academy
P. V. McClure
Shafter
McClure
Kenneth L. Pipkin
Rotary Troop 53
Ernest Siem
Wahanka
Ben Peters
Carol Barton
Nadine Bel- See Eee Aes Eaeters
Nancy Pierce
Ais
Ek Wele
Gees Tatum
George Harrison
Southern Baptist Church Girls Auxiliary
Royal Ambassadors
Ash Wednesday Services Begin at Local Church
Ash Wednesday services start Wednesday March 2 and continue each Wednesday at 8 p m at the church. Reverend H J von Renner will speak on Three Groups Found Among The Disciples of Christ from Mark 14 32 46. All who wish to worship are invited.
MENTIONED IN THIS ARTICLE
H. J. von Renner
Disciples of Christ
Crash injures Richard Holliman and Maxine White near Compton
Richard Holliman age 19 and Maxine White age 16 were injured when Holliman’s car left Lerdon Highway and struck a telegraph pole at 11:15 PM. Richard was treated at Wilshire service on wrang ley Highway and released to work. Maxine remains under doctor care after three operations including a skull fracture and a silver plate implant. Friends may write to her at 1100 West Alondra, Compton, California.
MENTIONED IN THIS ARTICLE
Richard Holliman
Wilshire
Wrangley Highway
Richard
Maxine White
Lerdon Highway
Maxine
Comptondenna Hospital
West Alondra
Compton
Calif
Happy Bluebirds Attend Program
Members of the Happyee group journeyed to Bakersfield for the Happy Bluebirds program led by Mrs. Thomas. Carolyn Patricia Cates Orlene Connie Fuller Maureen and Brenda Neeley attended. those absent were Barbara Cox Sue Hildebrand Karen Sage and Pamela Smith.
MENTIONED IN THIS ARTICLE
Happyee
Bakersfield
Thomas
Carolyn Patricia Cates
Orlene
Connie Fuller
Maureen
Brenda Neeley
Barbara Cox
Sue Hildebrand
Karen Sage
Pamela Smith
Also Mentioned on This Page
Central Valley Highway
Star Ears Ee
Act OF Congress
Ker County
USA
Shafter Press
Channpson and
Village Arms Apts
Happy Bluebirds
Cccah
Tos Ad
Hormel
AJAX
Tastewell
Vienna
Folger’s
Las Palmas
Campbell's
Washington Delicious Apples
Thur
Wed
Weare
Usda Choice
Food Mart
State Ave
H. C. Hight
Pioneer
George Globe
Chester Avenue
Leeds
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