Milford chronicle., 1927-07-01
MILFORD, FRIDAY, JULY 1, 1927

MILFORD, FRIDAY, JULY 1, 1927
THE CASH VALUE of fifteen
year-old child in this country is es-
timated by the editor of the Wom-
ans Home Companion at $25,OOO.
That figure represents the dlner-
ence between the amount of wealth
the child may be expected to pro-
duce during his life time and the
amount he will consume.
No parent will be so inhuman as
to reckon the value of his children
in this way. But the figure has an
enormous importance in the calcu-
lations of the economists.
1t is this great ability to produce
with the aid of natural resources
and machinery, that has made TINS
country the richest in history. The
national income last year, accord
ing to government statistics, was
nearly 80 billions of dollars.
The figure is so tremendous that
it is meaningless. Easier to grasp
are these facts, produced by the
government statisticians: The aver
age income of all persons galnfully
employed last year was 5000; near
ly 40 per cent of the population OF
the United States is gainfully en-
ployed; the purchasing power OF
these workers, measured in goods
not money, averages A per cent
greater than it was 20 years ago.
No people in the world have ever
earned so much wealth.
Nor has the limit been reached
DR.. w. I. King of the National Bur-
eau of Economic Research says:
s'New inventions and greater skill
and organization are still enabling
the average worker to progress
steadily upward in the scale OF eco-
nomic welfare.
Se@
"WHAT," asks paragrapher IN
one of our exchanges, has become
of the old fashioned politician who
seemed to care something for polit1-
1-...-1oon ~
The old fashioned politician who
nut principle above personality is
not extinct. His number is still le-
gion. but he is temporarily lin
corner" so to speak. And the coun-
try has suffered from the fact that
he has been compelled to take to
his corner.
The time was, not so many years
ago, when political principles were
the guiding star of nearly every
man who ran for Office. But that
was in the day when there was par
ty responsibility. The shift from the
delegate convention to the primary
system has brought about the chang
ed condition-personality has taken
the place of principle in tar 100
MANY elections. The ambitious can
didate, responsible not to his party
hut to the minority of the voters
who nominated him in a light prl-
mary. and that minority perhaps
made up in part of the voters OF the
opposition party, is in reality re-
sponsible to nothing but his own
if any, or his own per-
sonal ambition.
The temptation therefore to dis
regard party principles and to play
20 what he regards as the will of
he organized minority which sup
ports him, is often too great to be
,vercome. AS a result of this, party
ines become disorganized and con-
tructiYe programs Of party govern
nent are made very difficult to ac-
omplish.
And the far-seeing citizen, politi-
ian or not, sits in the corner real
zing what has happened but unable
o do anything about it. And until we /
realty modify or get rid of our pri-
1ary system entirely there will be 1
title chance for improvement.
&DR
TODAY is HERE-USE IT!
A man must make good or make ]
oom-go forward or drop back. No :
ian can stand still in any position.
o mark time in modern life is i'm :
ossible. This statement applies to !
lass, creed, sex or circumstances
ich, poor, comfortable or cramped. {
In an interview with one of Am ]
rica's most successful men, the
tatement was made that not one
ian in so renders intelligent SER
Ice. Look around you. Check them I
D and see if this is true. ]
If it Is true that clerks watch the
lock, secretaries fail to remember, I
apartment heads lack initiative, su- {
fall in a ruff this is {
'ue, is it not time to think that this !
,ndition creates for you field that 6
undeveloped?
The next successful man inter-
ewed doubled the number of peo- '
q who are incapable or Indifferent. |
e claimed there are SO who lack in /
1Iiunnt enthusiasm and q sincera