The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1952-01-10
scANNIN THE WEEKS NEWS
of Main Street and the World
Average Citizen Is Saving More,
Sales and Profit Survey Reveals

6UEVS OfaA EVEa S0HSSY ENSsS&hS
PEACE TALKs-As home tounsEs had expected the soday proyi-
ment4 between the Communists and the United Nations in their peace
whenever all other armisice points are settled. =
Although progress in the talks has been slow, the overall picture Is
encouraging. Results are beginning to show.
IL First and possibly most important, is the sackening OF fighting. e
tsuning in "a, q great drop in the number 20 Of ca, casualties Its s. on nr both sides ssca nls
policy is likely to continue as long as the talks re IN progress because
as Gen. James A. Van Fleet told correspondents: I'VE will not sacrifice
questionable what good they would do2'=
Second. the United States and its allies have a general idea, although
muniss in their prisonerotwar camps. United. Nations negotiattors:,
unlisted Unlisted Allied Allied s prisoners paaau The aI us. has asked specffeaIy what has be.
come of 1.o58 Americans not on the official Red prisoner-otwar list
suss aos but a0 ast t. aRa on as ss prt q 4 both Il sides : viii mot . hasten haste i it { As an
example, the Reds charge the lack Of agreement snen due 70 .extraorainary
rogance. by the Americans. =
On the other hand. the Allies charge the Communists have run true
to form With few exceptions the talks have been marked by the
familiar Red pattern Of delay. deceit, and diverdonary tactics"
PRICE cUTs-Rura1s and small town families, by far the largest
s soone sf p mss s eIssr on ps thousands u ' e t senn'f y s shs H4aasI located e IN in c hi.
cago is an indication of things to come during 1852
Midwfnter sales catalogues of the four biggest mail order houses
in the business list lower prices on thousands Of items. It is the biggest
cut in years. ~ " E 49,
One firm cut the price on an 11-cuhcioot refrigerator from s26272
+. .s sal27 ia a Is ss per q cent aaM mark nj : down 3 ~ &c o n th mems Ssh Shirts Its, s and price 1ses,s Fed 4s
firm also listed 400 price cuts on both wood and metal furniture.
20 SALES sAG-The Securities and Exchange Commission and the
Federal Trade Commission, IN a report of business conditions during the
5vious quarters level for the first time since 1913. The report also said
the profit sag which began at the end of 1850, continued with manufae.
after taxes. Sales fell off $1,000 OOo. 900 during the period.
Only four of the p industries covered in the report recorded al IN
crease II profits before taxes in te third quarter OF last year. ihey
were petroleum, food, tobacco. and apparel and finished textiles.
~ The commissions did not attempt to interpret the general decline in
business 1t was obvious, however, that decline wa due to a consumer
buying hull that started early in $780, sharp increases in defense taxes.
shortages of materials and controls n scarce metals. Most observers
believe the trend can be expected to continue during the early part Of
this year. 3 - r.
THE OLD SocK-According to Secretary of Commerce Sawyer
the. average citizen in the home towns of the nation are putting more
and more of their money in the old sock and keeping it there. He says
savings are greater now than at any time in the last five years.
Sawyer is all for this saving spree of Amercans-amountng to an
annual rate of S22 00O,0O 0OO0-because he believes it has helped turn
the tide against rampant imitation. He warned, however, that if Amer
leans spend these savings in a new wave of buying, infatary pressues
will surge up again.
Personal incomes rose from $685. 600 ooGOoo in 1850 to s251, oo OO. 900
in 1851 Now, in the early days of 1852, the rate is about $26o.00O 100000.
COP GlRcUS-The race of Republicans to secure the COP presi-
dent nomination is taking on the atmosphere of a cfrcus-so many are
joining the show that spectators are going to miss some q the acts. The
latest is Harold E. stassen. Already active are Sen. Robert Taft Of
O'mo anu GOV LAR malen U Sdno lm Nsemamms W !m me ps
show is Gen. Dwight Eisenhower, considered by many the white hope
of the Republican party.
.- The other candidates had this to say of Stassens announcement:
Every American has a right to run for President and it's well that the
Republicans should have a wide choice."-Tat. Ellis tStassens) candi-
dacy should stimulate discussion of national issues and he will I'M
doubtedly be an important factor in the Republican convention War
rem. -. --- - %
THE JMMARY-secretary of State Dean Acheson, whose popu-
conference in San Francisco, recently summed up the American foreign
policy for 1851 Dividing the gobal picture into four sections, he had
this to say: - ~##@ @
Europe and the North Atlantic-The year 1851 was a period of prog
ress and growth =. The North Atlantic Treaty organizations military
made early in 1852 have to do with the quantity and quality Of European
military forces. German participation in the defense of Europe, and
The Near and Middle East-We lost some ground. The Suez water
way and Iranian oil crises offer dangerous opportunities for explota-
ton by the Kremhn. On the other hand, Greece and Turkey are bright
The Far aEas-In Korea. the ul must guard against a renewal Of
Communist treaehery. even if an armistce is signed.
The Pacifc-The past year was me in which progress was made
toward building a structure of peace through a series of treaties with
Australia New Zealand. the Philippines and Japan.
-