The potters herald. [volume] (East Liverpool, Ohio) 1899-1982, 1939-06-22
YOUR DOLLAR
(BY Consumers Union)
Antiseptics

use, not only do they fail to kill
disease organism, but they permit
these organisms to grow and multiply.
The greater the advertising bally-
hoo, the less, it often happens, is the
germ-killing power. Merphenyl Bor-
ate, an unadvertised product, is vastly
more effective than such products as
Pepsodent, Vick's Voratone, or Lister
inc. MercurOchrOme, often used as
painless substitute for iodine, is COM
paratively ineffective. Lysol, though it
lis an active antiseptic, is too poison
Gus for use on the human body.
Iodine is still one of the most salts
factory general antiseptics. 1t may
be used either in the 29o alcoholic So
lution-Mild Tincture of Iodine, u. S.
P.-or in one of the relatively nom
irritating watery solution - Iodine
1.S5 %, sodium iodine 2.2% in distilled
water; or the $50 Lugops Solution.
Highly effective, too, are Merphenyl
Borate Tincture $500; Tincture Met
aphen 1920; Tincture Merthiolate
$4,000; Mercresin Tincture.
X X X
COrrectiOn-UniOn Made Shoes
YOUR DOLLAR for April stated
that the w. l.. Douglas factory was
under contract with the Boot and Shoe
Workers Union (AFL). This was in
correct. The w. L. Douglas Company
does have union contract, but it is
with the Brotherhood of Shoe and
Allied Workers independent but CO.
operating with the CIO). The addition
al statement still holds, that accord
ing to report from the union, the
Dougles company has marked under
bought from the non-union Endicott-
Johnson Corp.
X X X
Investment Plans
Few workers can accumulate even
as much as 1000 in lifetime of saw
ing. Still fewer can achieve old age
security.
These are facts that every worker
learns. And that's the bait held out
by investment trusts, such as Inves-
tors Syndicate. They offer plans "to
help you save"
A little courage, a little will power,
a lot of cooperation from the friendly
investment trust, and you'll be sitting
pretty with neat return on your in
vestment, the salesman says. What
he neglects to emphasize is that you
also need a little cash, paid on the line
nooh ,,,nnth fnr, f.ftaan
And should your courage and will
power slip, or should you lose your
job so that you can't keep up the pay
ments during the first several years,
you must take a considerable loss to
get out.
So great is the loss of thes4nvestor's
money on giving up the plan any time
during the first five or six years, and
so many are the investors who must
take that loss, that the companies
actually are largely dependent on the
new business and the margin from
!apsed certificates to meet their oper-
|ating expenses and interest accumu-
lations.
Here's How They Work 1t
You join Investors Syndicate, max
ing monthly payments of $25 to insure
your future. After two years. pay
|ments, you lose your job, or maybe
your wife needs an operation. Anyway,
you need immediate cash more than
future security. You go to Investors
Syndicate and ask for your $500 back.
"Ah, no." they say in effect. at
would sap your moral fibre and dis
courage thrift. We will save you from
yourself by giving you back only
1885" You scratch your head and
read the contract-it's all down there,
but you never noticed it before. You
need the money, you have nowhere
'else to turn, and SO you take the loss.
Investors Syndicate chalks up profit
'of 1865 plus interest, to help meet
payments, salaries and promotion ex-
penses for getting new 'investors."
Suppose you leave your money in,
but miss a years payments. The COM
pany graciously extends your term a
year. In other words, they hold your
money one year longer, without pay
ing one cent of interest for that year
on the money already paid in up to
that time.
X X X
How Much Security?
Suppose that you, or someone in
your family, is able to keep up the
monthly payments for fifteen years.
You have now paid in $4,000 in actual
cash. Towards what? The company's
promise to repay your investment plus
4 20 compounded annually.
We've already seen that the COM
'pany depends on income from new
business and lapsed contracts to meet
its operating expenses and payments
to investors. Now-suppose fewer
contracts lapse? Supposing new sales
decrease? What assurance have you
now, that fifteen years from now In
vestors Syndicate will still be in busi-
ness and able to fulfill its promises?
A look at the company's assets as
,of the end of 1887 is discouraging. OF
lover 1O6 million dollars listed assets,
less than 9 million was in cash or gov
,ernment bonds, 5 million was in loans