davidaulloa/AmericanStories huggingface dataset:
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-04-24

beautiful and ranged IN prices
from Is cents to $3.50 each
The pIlWyn Home Demonstra-
tlon ClUo held Its meeting Ill the
recreation room 81 DillWyn Meth
dis. ChUrcn. last Thursday niaht.
Retire hments were served by the
hostess MIS- r. S Raney.
Mrs. II N Culbroth and daueh-
ter MIS- Ormand Deane Of Char
iettes>3llc were visitors la town
for the week end
~ and Mrs +. A. Ransom and
daughter Betty. of Clifton Forge.
were week end visitors in The home
Of his parents. Mr. ana MRS r B.
Ransom They had attended a
Neddm III Newport News and
stopped over here on their way
back ID Clifton Forge
saturday Guests
Mrs } G Dunkum and Mrs.
Kenneth Ransom VISITED Mr. and
MIS- W u Ransom ANA Mrs.
Woodrow DW1kUH In Fork Union.
las Saturday
Co.oet$ II ne left Monday for
q business tIp 10 WASHINGTON, D.
MIS- Edna II Pearson has re-
TUNED to her home here after be
;,, =, ,,..t.-,,t *, .-t-.-, ,.t I,,,..ft, -y1,-
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-04-24

Ferneyhough were seconds for the
participants, other members OF
the two clubs helped.
Boxing matches with results
we're: TO pounds, Lindsay Dorrier
VS. Andy Johnson, draw; 1870
pounds. Howell Ferneyhough. VS..
Fred Cronk, decision in favor Of
Fernevhough Wallace Ferney-
hough. 1855 pounds. VS.. Robert
Ioney. lat pounds. decisions in
favor Of FeInoyhough: Harold
Thompson, $50 pounus. vs.. Rich
ard White. 100 pounds. decision in
favor of Thompson. a knock-out;
Glen Loving. 1875. VS.. Donald
Johnson, l40, decision III favor Of
Loving
Wrestling matches Pete Phil
pctt. SIS lbs vs. Frank Russell
Moon III 48 lbs. decision in
favor of Pete. Edward Spradlin,
l12 Us Hoyt Spraolin, ll8. a draw,
Petey Johnson, l25. Us Marvin
Marshall. $40, a draw jerry Hem
derson, VS. Willie Spradlin, decl-
sion in favor Of Spradlil.
The final match vas a Tag
Team composed Of Flanklin Fer
neyhough. l47, and Alex Ward.
l43 vs. Robert Babcl III. and
Wayne Marshall. ll3,s which was
a draw Principal r II. ellis was
announcer and Jimmy Brown was
tlmekeeper.
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-04-24
300 W atch School
Boxing. Wrestling
At Scotttsville High

The annual Boxing Match It
the Scottsviile SChoo! Friday
night was attended by approx
mately three hundred people anG
added interest was brought on by
wrestling matches 1or the FIRST
time. The event was sponsored by
the Athletic and Publications Club
and Billy Williams, u Charlottes-
yllle, was referee
Robert BaDer ana Franklin
BucEmeham Board of Supervisors
donated $500 and the town Of
DillWyn also gave $500.
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-04-24
Recent DHlmyn happenings
Brother of Mrs. Il. !. II. Grow Dies
Family Attends Funeral In Alabama

Mrs R J II Crow received
news. Friday afternoon. That her
brother. Aubrey shepard o, Bes-
scmer Aha had died very sud
denly that morning Mr. Shepard
was a som OF The Late Mr. and
Mrs Tommy Shepard q Guinea
Mills. He is survived by his N.fe
and a son. OF Bessemer. Ala.
brother. oscar Shepard. oC Rich
mond. and two sisters Mrs II ).
H. Grow, Of Dillvyn. and MIS-.
Charlie PuryiS. OF Pulaski Nj and
Mrs Crow and SON Shep len
Friday afternoon for BessemcY.
Funeral services were held sun
day at 3 p IN We extend oar
sympathy TO this family
We are sorry to report that Miss
Ethel Duty is qultc SICK at her
home AT Sprouse's Corner
Returns sEoiac
MIS- r II lngie has returned
10 her home after i visit with her
son-in-laW and d'uehieF Mr ana
MIS-. johnny Pearson N Noriolk
Sandra White has been con-
lnled to her nome with measles
we nave mad qu.-e a hlmDcs o.
cases IN town
Mrs Ray Beales and children.
Of WASHINGTON. d G. are visit
ing in the home Of Mr.. and Mrs
Ferd Grow Mrs Bcales and Mrs
Crow visited Mr. Grow who IS a
patient in Johnston Willis Hos
pltal. Richmond. Wednesday We
wish MI Crow a speedy recovery
Shelton Foster accompanied his
rather. Wllilam POSTER OF Falla
Church. to Farmyllle to spend The
week end.
Son Is Born
Mn ard >1rs R.In5 Clements
are the nrond naren+e fine
hahv how MO vas born Arm IT
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-04-24

Nuck0ls, Of Wealth.a and Mrs
Annie p Johnson
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-04-24

Ills Of railroads arc laid to red
tape.
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-04-24

Knute Rockne was born IN
Norway.
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-04-24
BIG NEW ENGINES NEED A BIG" GASOLINE

And that : precisely what you get with
powerful Cities Service Premium. It's scien-
tificaIlv refined so that each drop ignites
instantly, burns completely driving pistons
with an ease that makes the engine whisper
and motoring the greatest pleasure.
The Farmville herald and farmer-leader. (Farmville, Va.) 1934-1957, 1953-04-24

Business Establishments:
FLIPPEN'S STORE
General Merchandise - G z. Appliances
Plumbing and Electrical Contractors
Cumberland Va
BURRUSS LAND & LUMBER co
Dillwyn. va.
CROW BROTHERS
General Auto Repairs
Dillwyn Va.
KAYTON COAL GO.
Coal-Fuel Oil and Fertilizer
Telephone l66-Farmville Va
ALLEN MOTOR G. AUTO REPAIR
ALLEN & PHAUP TEXACO SERVICE
We Specialize in Body, Fender e. Painting
Front Wheel Alignment and Balancing
Phone 100 = 202 N Virginia Street
Farmville Va.
PATTERSON DRUG co.
Prescriptionists
Phon SIT ~ 238 Main ST
Farmville. Va.
CEDAR BROOK RESTAURANT
Mile East of Farmville
Specializing In Choice Western Steaks
And Seafood
We Cater to Small Parties and Banquets
Boxing on TV Every Wed & Fri Night
TAYLOR-FORBES COMPANY
Dodge Job Rated Trucks
Dodge Passenger Cars
Plymouth Cars
203 w. 3rd ST - Phone
Farmville, Va
COCA-COLA BOTTLINC WORKS
Farmville. Va.
FARHIVILLE IRON & METAL co.
Used Parts & Tires-Oid Junk
Cash Pad for Any Quantity oi Scrap
Phone GA FarmviiIe Va
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1953-07-30
d 9
Reductions

1882 RCmbler custom. hord Top.
HZoZ3 ................... $l2s3
1852 Ambassador sedan. Hydro
motto. very cleon ........ .$23aa
1852 Statesmen 2-dooT. cleon Atone.
equipped. #356A .......Slas5
1881 Ambassador sedan. sparkling
ebony black. HYdTomouc.
EZoZ7 ...................$ .$l39s
1881 Station Wogon. #l34B ...Slls5
1850 Statesman 2-door. needs some
body work. #252S ..... .$SeS
1880 Ambassador 2-door Hydra
motic. # 1894 .SlleS
1880 Rombler convertible.
n SoIoA ...... .... ...... 1SSS
l949 Ambassador sedon. overdrive.
needs few repGirs. +252s .s5sS
ls4s 800" sedan. # 1894. needs
some body work ........, ,S39S
l949 800" sedan. # l544A.
very cleon ................ S79S
ls4s Ambassador seddn. #l42sB S5s5
l947 Ambassador sedan. #lo4lB $685.
l947 900" sedan. #2475A ..... S29S
l946 Ambassador sedon. #l35B. .S29S
ls46 "6oo" sedGn. #323B .....S SI9S
rs other NGsh models on disploY. ready
for immediote delivery. $50 down on
some cars. 2S96 down. "a months
to pay on others. Visit our big
addresses. 25o-cU inventory.
East Cleveland leader. [volume] (East Cleveland, Ohio) 1942-1970, 1953-07-30
ILLER
" % OTORS
s4S East ls5th CT Lake Shore
Dodge : Plymouth

Pontiac 4-Door, tu-tone green, radio
and heoteI, good tires. GE0E
punk Enoncs ............ ~@~S
Plymouth: Choice Of 2; 4-Door cnd
2-Door; blue finish, low &n1E
Mileage. Bank finance .. PS~S
DODGE 2-Dr, blue finish, rudio, hedt-
er, fluid drive. oI-gide @E9R
ares. Bank fnoncing . VS~S
studebqker Cbompion 4-Door, fully
equipped, looks like q 81. CE0E
Bonk financing ......... %S~S
DODGE Club, fluid drive, radio, hedt-
e1. q top automobile. @E0E
Bonk tnoncing ......... S~S
Buick Convertible Super model,
radio. heater, good tires, &EhI
l owner. Bunk iinGncing SSSS
Buick 4-Door; fully equipped car;
you'll be proud TO own. CEGS
Bdnk finoncing .......... p~~S
DeSoto 2-Door, automatic shift radio,
heoter. black finish; GENE
sharp car Bonk financing VSVS
Nash 4-Door: q small Job. many
thousands Of unused miles. A good
buy! Bonk C9EE
finoncinq ......-...... @SES
Evening star., 1953-06-19

makes leaps Of from Is to 25
feet. In this way she usually
succeeds in taking her young
to safety.
A newborn baby Of one Of
the big kangaroos is about one
inch long! This may seem hard
to believe, but remember that q
newborn grizzly or brown bear
also is very small. The mother
places the little one in her
pouch, and there it is given milk
for about four months.
The bandicoot group has
members of several kinds. One
of these has soft. silky hair and
long fairly wide ears; 1t is called
the rabbit-eared bandicoot. AN
other, the long-noSed bandicoot,
has Q rough coat with spines In
It. but the spineS ere less dan
Evening star., 1953-06-19
Take NY Word for 1t By Fro"t Colby

Bay Oaks: Is FUSED to" good
English usage? I've used it all
my life. but it sounds nonsensi-
cal to me.-Charleyne.
A. used to" is solid idiom,
and is recognized by our highest
authorities as meaning ito be
accustomed; won't" as: He used
to go there every day. I used
to work there.
Idioms, when one attempts
to analyze them, are frequently
nonsepsical, illogical. even un-
grammatical. Idioms are ex-
presSions which have been ac-
cepted through custom and usage
as good English, even though
they may not conform to the
Evening star., 1953-06-19

/ general. or traditional "rules"
of grammar or common sense.
From Dave Craig, Glens Falls:
My friends adjure me constantly:
"You should say. 'Gild the lily"
And if I hint that they misquote.
They tell me I am silly.
Shakespeare and Bryon-Colby.
May say the verb is paint"
But that will never faze my
friends;
They'll still aver 1T amt"
Answer: Right. The quota
ton is from King john" Act W.
scene 2:
To gild refined gold. to paint
the lily.
To throw perfume on the violet
To smooth the ice, or add
another hue
Unto the rainbow, or with
taper-light
To see kthe beauteous eye of
heaven to garnish,
Is wasteful and ridiculous excess.
distributed by McNausht Syndicate, Ine.)
Evening star., 1953-06-19
UkcIe Roy's Corner

In speaking about a kanga-
roo, a person may say that it is
"a mammal with a pouch to
carry it's young" That is quite
true, but let us remember that
several other kinds of animals
have pouches for their babies.
These include phalangers. wom-
bats, bandicoots. koalas and
opoSsumS.
Such animals live in Australia,
and on islands near Australia.
They represent early forms of
animal life. The New World also
has the pouched mammals
known as opossums, but other
continents are without them
except those seen at q ZOO or
circus.
Kangaroos differ widely In
size. The great gray kangaroo
may stand I'VE or six feet In
Evening star., 1953-06-19
By Romon coffmon

gerous than those Of q porcu.
pine.
In the phalanger group we
find the spotted cuscus, a queer
little animal with red, white and
black coloring. The spotted Gus.
Gus can wrap its tail around q
limb, as can several other kinds
of phalangers. The same trick
is performed by some (but not
alb kinds of monkeys.
Besides the opossums Cor
''possums'') Of North and South
America, there are Australian
opossums. The common Virginia
opossum has more incisor teeth
than the Australian type. South
America has the rat-tailed opos-
sum, which u only about 40
large % Q rat.
Evening star., 1953-06-19

height. Its total length Count
ing the taiD may be nine and a
half feet. Rat kangaroos, on
the other hand, are hardly as
large as jack rabbits.
While running away from an
enemy, Q female In the great
gray kangaroo group often
Evening star., 1953-06-19
Contract Bridge
By EosIey BIuckwood

Contract Bridge
By EosIey BIOekwood
Mr.. Champion heartily disap-
proves Of Miss Brash's bidding,
He says it's not scientific. That's
one reason. Another, undoubt-
edly, is that it often fixes him.
South dealer.
Both sides vulnerable.
NORTH
(Mrs. Keen)
ass
y K8762
o KOS
@.965
WEST EAST
,Mr. Ch'mpion) (Mr. Dale)
= ATS AZ
y AQJ96 y 1O43
ie8 8 J9854
. AK104 = QJ72
SOUTH
CMiSs Brash)
KQJ10954
y None
o A1072
&83
The bidding:
South West North East
4Spades D'ble All pass
when I've got a chance for
four spades, I just bid four
spades" Miss Brash says. eff
you monkey around with a lot
Of scientific bids. they know
what to lead against you"
Whether that theory had any
thing to do with Mr.. Champions
lead in today'S hand or not, the
fact remains that he did not get
his hand on the killer, which
was the lone diamond.
Instead, he led the king of
clubs. Mr.. Dale played the
queen on this trick, a conven-
tional play suggesting that the
opening leader underlead his
ace on the next club lead.
Mr.. Champion properly read
that as indicating that Mr.. Dale
had the jack Of clubs. The
queen could hardly be q single
ton as that would give Miss
Brash the unlikely holding Of
five clus to the jack.
In any case, Mr.. Champion
now saw the possibility Of get
ting in one Of his small trumps
by entering his partners hand
with a club and ruffing a dia-
mond return. Accordingly he
led his lone diamond at trick
two.
At first glance there is no way
to prevent the diamond ruff. But
Miss Brash found a way. On the
bidding, it was most likely that
Mr.. Champion had the ace of
hearts. So she won the second
trick with dummy's queen Of
diamonds and led the king Of
hearts on which she placed her
last club.
Mr.. Champion won with the
ace of hearts and returned low
club. But it was too late. Miss
Brash had effectively cut the
opponents communication line.
She ruffed and promptly drove
out the ace Of spades. She
ruffed the heart return. picked
up trumps. led to dummy's king
of diamonds, took the marked
finesse of the ten of diamonds
on the way back and spread the
hand for 10 tricks.
copyright, 1853, General Features corp.)
Evening star., 1953-06-19
Word Come
Find % or more words in

Find % or more words IN
ASTRAMI,
meaning. "beef. highly seasoned
and smoked" Average Is 81; time
limit, 80 minutes.
Rules Of the game. I. Words must ht
Of four or more letters. Q. Words which
acquire four letters by the addition o.
IS. such as "bats, !" cats" are not used
Proper names are not used.
Answer to TRUEPENNY.
teen, tenure, tern, true, tree, trey, turn
tune, tureen, funny, type. repute, rennet
rent, repent, rune, runt, funny,. rupee
eery, enter, erupt. erne. peer, pert, pent
penry penny, peter, prey, preen, prune,
Oure. puree, puny, punter. pyre.
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1953-07-03
Macon, Georgia
AnglO-Jewish Assn. Opposes
I formation Of Permanent Body

hope that the Board of Deputies
and other British Jewish bodies
would also oppose such a pro-
posal by the World Jewish Con-
gress. "We have the experience
gained from the Claims Confer
ence, the Zurich Conference and
the Austrian Claims Conference
that British Jewry would have
little in fact to say and would be
saddled with responsibility for
policies over which it would have
no CONTROL" Mr.. Landman argued.
Members of the ALA Council
also criticized the choice of for
est in Israel as British Jewry's
coronation gift to Queen Eliza
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1953-07-03
GERMANS OPEN
INVESTIGATION IN KILLING
OF ESQ JEWS NEAR SMOLENSK

DARMSTADT, (JTA) = The
local prosecutor has opened an
investigation against three Ger
mans who, as members of Ger
man Army infantry company,
shot $50 Jews in a village near
Smolensk during the 1941 Ger
man advance into Russia.
The commanding officer Of the
company held a teaching appoint
ment in a nearby town until he
was suspended last week. The
First Sergeant is at present still a
policeman at Freiburg in Baden,
where the police last year brutal
ly maltreated students demon
strating against the showing of a
film by Jew-baiting film pro-
ducer Veit Harlan.
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1953-07-03

LONDON, (JTA) = The Coun-
Gil of the Anglo-Jewish Associa-
ton at a meeting here went on
record as opposed to the estab-
lishment of a permanent organi-
cation competent to speak for
world Jewry. The Council called
such an action a 'retrograde
step"
The action followed a discus
sion in which r. H. Landman,
chairman of the ALA foreign af-
fairs committee, expressed the
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1953-07-03

beth. However, ALA president
Even S. Montagu declared that
since the Queen had accepted the
gift it was now up to the whole
community to support the project.
A. L. FISHERMAN, political di-
rector of the World Jewish Con-
gress, took issue with the ALA
statement which he tie m d
reckless" and "unfounded." He
objected to the AJA's "unfortu-
nate" attack on the World Jewish
Congress for its role in pressing
for world body.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Conrad Production
Credit Group Elects

Stockholders of the Conrad
Production Credit Association
held their annual election at Con.
rad yesterday afternoon. A din
ner followed the event. With
the term of N. A. Peterson, one
of the four directors, expiring
this year, the Chief at presstime
last night had not learned who
was named in place of Peterson.
Hold-over directors are Percy
DeWolfe of Babb, Lloyd Camp
bell of Conrad, Gordon Christian
of Shelby and David James of
Joplin. The board represents four
counties-Glacier, Toole, Liberty
and Pondera.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
NOTICE TO CREDITORS

Estate of David Cameron, de-
ceased.
Notice is hereby given by the
undersigned, Administrator of the
Estate of David Cameron, de-
ceased, to the creditors and to all
persons having claims against the
said deceased, to exhibit them
within the necessary vouchers
within four months after the first
publication of this notice to the
said Administrator at the law Of
flee of Lloyd A. Murrills, at Cut
Bank, Montana, the same being
the place for the transaction of
the business Of said Estate.
Dated December 8, 1852,
Robert E. Young, Administrat-
of the Estate of David Cameron,
deceased.
Lloyd A. Murrills. Attorney for
Administrator.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Keats Home a Memorial

The house where the British poet
John Keats last lived before leaving
England-he Ii.,. in Rome in 1921,
at the age of 26--v:as reopcncd re-
Gently as a national m,r,ur:;.l. It is
located in the LnnAoH suburb of
MamStead
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16

The Chukar partridge. native of
India, is being raised on Oregon
state game farms on an experiment
tai basis. No open season has been
declared yet though many of the
fowl have been released on Oregon
rangelands
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Browning Women

Use and need cosmetics? Avon
Products. Acknowledgements has
opening for woman, who wants
to earn but can only work part
time. Appointment for personal
interview, write L. Prichard,
Box 1851, Great Falls, Montana.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Acapulco

Acapulco. MeXico's resort city on
the Pacific Ocean, was known so
years ago chiefly as coaing port
for steamships and as the former
Mexican harbcr for Spanish gal
Icons bringing treasure from the
Philippines
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Professionalism

In Norfolk, Mass, two inmates Of
the state prison, taking the affirma-
tive in a debate on whether the
American people should support the
welfare state, defeated two men,
bers of the Harvard debating soci-
ETY..
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16

so% less road shock! BY increas-
ing front wheel travel and rede-
signing the rubber compression
bumpers, front end road shock is
reduced as much as 5000. Springs
arc tailored-to.weight of each
model, for best riding comfort,
whichever model you buy.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Geographic Oddly

Slanted by the swift current flow
ing east through the Straits of Flori-
da, sea level on the north coast of
Cuba is about II inches higher than
at Key West. Yet they are less
than 100 miles apart.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Storing Chicken

When you bring a chicken home
from the store. wash it, wrap it
loosely in wax paper, and store it
in your refrigerator until cooking
time.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
UnderSea Satellite

The Tunicata, class of marine
animals, spend most Of their adult
lives fixed to rocks or the sea-bot-
tom.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Not Overland

State records show that privates
IN the three regiments New Hamp-
shire sent to the continental army
at the start of the Revolutionary war
were paid $6.66 q month Major
genera Is received $S66.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Forest Areas

The earth's forest area comprises
some 5000 million acres, or one
quarter of the land area of the
globe
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16

You've got to Value Check this new Ford's
al 'Worth More" features to know why
Ford is worth more when you buy it ..
worth more when you sell it!
In this new SO Ford you'll find only concept Of
riding and driving comfort you'll find of the things
you vant and need than any other the field
You'll lind the &c., you need, in Ford's highcompreson
V8 and Six engines land both thrive on regular gas You'll
find the great, around visibility the easy handling brak-
ing and parking you need for todays traffic And you'll
appreciate beauty that beong wherever you may drive
No wonder Ford the New Standard of the American Road
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16

Pennsylvania bituminous coal
mines employed more than 10000
coal miners in 1851,
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16

Since 1881 West Virginia has held
the lead in the production of btu
minouS coal.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Average robbery

Loot in the average robbery in
the US. in 1850 amounted to S24S.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Rich Deposits

Nepal has rich forest and quartz
deposits.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16

Automatic Ride controIi Ford's
Variable-Rate rear spring sus-
pension actually makes the effec.
tive spring stiffness" vary auto.
matically as road and load con.
'ditions change. You get a smooth,
level, comfortable ride on boule-
ward or toughest back road.
Browning chief. [volume] (Browning, Mont.) 1941-1953, 1953-01-16
Church Of The
I TRANSPORTATION
g(Episcopalian)

Euering prayer and sermon
evserw III nday at $50.
Sapn6as C h O o at 9:45 a. m.
Mn. W.. Lee M ner. yicar-ln-
charge. Bank Annex. All are
cordially invited.
Milford chronicle., 1953-05-29
Free Markets And The
Federal Reserve System

In a free market economy,
where the consumer is king, the
problem of maintaining balance be-
tween spending and output is
acute. The Federal Reserve -Sys-
TEN works to achieve this goal in
a manner consistent with the pres
ervation of economic freedom. The
nature of the free-market mechan-
ism and the role of the Federal
Reserve are described in an article
in the May issue of the Business
Review" of the Federal Reserve
Bank of Philadelphia.
After explaining how production
responds generally to desires of
consumers, the Bank points out
that the prevention of bOOms and
busts is essential if free markets
are to survive. A sound credit and
monetary policy, although not
sufficient, is an indispensable ele-
ment in the attempt to maintain
balance between the flow of spend
ing and the flow of goods and
| services.
1ne FeueTal reserve system
contributes to the maintenance of
balance between spending and out
put by influencing the lending ac-
tiVities of commercial banks. This
influence is exerted, primarily
through control over the terms on
which it will make funds available.
When initiation threatens, the Fed
eral Reserve increases the cost and
reduces the availability of new
funds. 1t may raise the discount
rate, sell Government securities in
the open market, or increase re-