The Ypsilanti daily press. (Ypsilanti, Mich.) 1928-1962, 1946-01-03
IHAT TER and
- q Fact or Two

With the OPA appearing before
Congress to present its arguments
for an extension OF time for price
controls, two editorials are inter
esting as presenting other opinions
on this question. The first is from
leading financial publication
which can be said TO represent
thinking from manufacturers ana
banking interests.
1T is agreed on all sides that the
only real safeguard against infla'
ton is the actual production OF
goods to remedy shOrtages-to give
accumulated buying power an out
let and in this way draw OF infla.
tionary pressure. In the four and
a half months since the end OF
the war, physical reconversion has
been completed In the durable
goods field. which was converted
just about 100 per cent to war pro
duction. But the flow of new autos,
refrigerators. radios and the host
OF other mechanical wonders which
contribute so much TO the Ameri-
can standard OF living is no more
than a trickle.
Why is this! Price ceilings
have made II difficult for manufac-
turers to get parts they need and
produce their products at a profit
The wage-price policy under which
employers may grant wage in
creases but without any assurance
OF a compensating price increase.
breeds production delaying
strikes These are charges being
made on the floor OF Congress and
by business men but they are de-
MED by the OPA."
The other comment comes from
a business publication pointing out
the tremendous savings built up in
Detroit and the effect OF the Gen
eral Motors strike upon these saw
ings
"The people OF Detroit have
shown few signs Of giving up their
high spending ways OF wartime.
Detroit department store sales for
the week ending December Is for
example. were eight per cent ahead
OF a year ago. For the four weeks
ending that date they were three
per cent above the 1914 period.
Motion picture attendance has
slipped Savings accounts have
been affected slightly but the cash
ing OF bonds shows but little in
crease over December 1914"
Johann Won Schiller. famous
German poet and dramatist, was
born at Marbach. Wurttemsberg.
Germany, in 1859. His father
was a military surgeon and cap
tain, and his mother an innkeep-
er's daughter.
Beirut, Asiatic Turkey, and
the chief seaport OF Syria. Is re-
garded as one OF the most
healthful OF cities in Asiatic Tur-
key
Billiards IL thought to have
been intr Jduced into France dur
ing the reign Of Louis XVI
THREE-ROOM houses on
wheels ar now planned. Seems
to US 1t would be cheaper just
to buy a trio OF auto trailerA
I I
In indoneSIa. China and else
where where the Sighting con-
nnues merriiy on they must
refer to this as the post post
war" era.
n basketball players get any
taller the fans In the lower row
scots will huvs 10 follow The
game with isleseopes
New Guinea, according to
Photographs. has 80 OF the 3s
species OF birds of paradise.
Paradise? This news will cause
many GlB to Join VIII Shake
speare in wondering what's In
q name?"
I
A newspaper item says that
many dweIiers OF the Sahara
desert have never seen Ssh.
What a break. says Zsdok
Dunn kopf. for the Sahara
worms.
!
BslaisdiY crondpappy Jenkins
reports thui his Christmas wasn't
toiol loss. Somebody ueivoIIy
sent him q book he hadn't al
Tsady read.