The Ely miner., 1943-08-26
A SPENDTHRIFT
IS A SABOTEUR

prOuuCLlOn IfOln AROUND " DllllOn 10
143 billion dollars. 1t means the
average income per individual
man, woman and child-has in
creased from about $538 a year to
LOO. That can mean prosperity
for now and some years in the fu-
ture, or it can mean financial ruin.
It all depends on what we do with
that increased income. If we at
tempt to spend it at this time, when
commodities for civilian consump-
ton are not available in quantities
sufficient to meet such demand,
we but push the price to point that
means uncontrolled imitation and
financial ruin for all of us. If we
invest it in government securities
and save it to spend for what we
will want in years to come, or to
invest later in stocks that will
finance the peace-time production Of
after-the-war years, it will mean
continued prosperity for the individ-
ual and for the nation. The present
day spendthrift is sabotaging him
self and the future of his country.
NATURE LESSON
WHAT WONDERS nature pro-
vides for our enchantment! Across
the street from my home, where I
can look at it each day and each
hour, is a great, wide-spreading
magnolia tree. In the spring and
early summer it is covered with
magnificent blossoms - enormous,
pearly white flowers, each as large 4
as dinner plate, with delicate pink
centers. Their beauty is enhanced
by background of the greenest of
shiny, green leaves. That tree is one
of natures masterpieces, more beau
tiful than anything made by man.
BONDS WILL BE PAID
THE PRESIDENT tells us it does
not make much difference as to the
size of the national debt because
we owe it to ourselves and it is prac-
tically no debt at all. Just the same,
the millions of Americans who are
patriotically buying war bonds ex-
pect to be-and they will be-repaid.
The fellow who will pay it is the
American taxpayer. If he has
bought bonds, he will be paying HIM
self. If he has not bought any, he
will be paying the fellow who has.
The moral is: Buy bonds so you
will not have to pay the other fell
low, and he will have to pay you.
q
SHOULD THE bureaucratic econ
omists at Washington accomplish
their purpose of outlawing all trade
names on branded commodities you
will be taking your "grade AZ crack
ers out of a barrel, as our great |
grandmothers did, instead of buying
your Uneedas or Sunshines in box.
When you do the ever-increasing de-
mand for commodities, and the
ever-increasing number of jobs that
demand creates, will be over. We
will be back to the ''horse and bug
gy days."
IMPRACTICAL IDEALISM can
be sharp-edged tool with which to
destroy that which makes real ad-
vance possible.
OLD UNCLE JOHN NICHOLS al
ways insisted that farming was "a
way of life," not a business, as Is
storekeeping. Farm profits" he
said, consist of something more
than the difference between what |
you take in and what you pay
out" Uncle Johns greatest divi-
dend was the pleasure of farming.
1T IS NOT ONLY how far up the
price of farm products may 60, it is
also how far down they may not 60.
Under the ceiling there should be a
floor.
PRICE ADMINISTRATION de-
crees lower prices on commodities
and then pay professors subsidy, |
charging it back to us in the form
of taxes. Another effort to fool the |
people, but it does not help the ten
dency toward imitation.
THERE WAS NEVER A TIME
when farmers needed Uncle John
Nichols 'know how" of taking care
of farm machinery so much as right |
now. Farm machinery must wear
out, not rust out, if we are to get |