davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
sIS s,s M.Ss'i S.Iis HI.,orns''

-. 0I3 Colorado Building
UNITED gTATE9 DISTRICT COURT
for the District Of Columbia, Hold
ing Probate court.--No. lOS.eip.
Administrati on.-This IL 10 olive
Notiss: That the subscrlbers, OF
the District OF Columbia, Letters
NARY LEVY. LAT. y 9' the 'i pistriS e
Of Columbia. deceased, All persons
having claims against the deceased
are hereby warned 10 exhibit the
same, with the vouchers thereof.
legally authenticated. TO the sub
Of January, AID. tg64l otherwise
they, may BY law be excluded from
under our hands this ard day OF
July, 1898. LOUIS LEVY. 1901
1sS.E: HAROLD GOBLIN BELLE
oOLDfN, 4s10 44th street, NV.
lseal.) Attest THEODORE COOS
WELL. REGISTER Of wills for the
district Of Columbia, Clerk Of the
Probate couuts jyp.16.23
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
AUCTION SALES
n, s, TREASURY DEPARTMENT
INTERNAL REVENUE SEhytSs
NOTICE OF PUBLIC SALE

OiiN1ERNAL REVENUE SERVICE
NOTICE OF PUBLIC SALE
July 81, 1868 a.,
pursuant to authority contained IN
Section 1881 Of the Internal heVes
nue. Code the following -oescrlpeo
nronerty has been seized Tor nom
payment OF DELINQUENT internal
revenue taxes due from NAIIOnnAaEl
BUDGET SERVICE, lNS. S5o
Pennsylvania Ave. NV, Ws ,silI Is
ton, d. c. The property wlll De
soiS in accordance with the provi-
sions of Section $685. Of the Inter
mai Revenue Code. and the regdla-
lions Hereunder, at public auction
on the End day Of August, 1905
sFlO am, at 945 Pennsylvania
Ave, NV. Washington, D. c"
T SSHSscR SinPT1oN OF PROPERTY
eEo Assorted Office Chairs
y Assorted Office Desks
Assorted office Tables
i Assorted Telephone STANDS
/ Magazine Rack
/ Bulletin Board
/ TypiSt Stand
81 Assorted Steel File and Storage
Cabinets
4 Coat Racks
10 Units of Steel Shelving
5 Ash Tray STANDS with lIays
8 Fluorescent Lighting Fixtures
10 Assorted Desk Lamps
Steel Safe. Yale
6 Russ
Window Air cOnditionsrs
oiivetti Calculators
8 Oliyetti Hand Adding
1 Rovico Reproduction Machine
/ Pitney-Bowes Postage
Machine
3 Adler Typewriters
l Moore Cash Register with
Receipt Attachment
Only the right, title. and interest
OF NATIONAL BUDGET SERVICE,
INC, in and to the property will
be offered for sale. The property
is offered for sale in the aggresate
and in groups.
The terms Of payment will be pay:
the highest bid. All payments
for property sold shall be made by
cash, certified, cashiers. or Treas
urer's check or by money order.
IRVING MACHIZ.
District Director Of Internal Revenue
BY FLOYD /. MORGAN,
iy23 Revenue Officer.
ADAM A. WESCHLER q SON
AuetiOneers
TRUSTEES SALE OF VALUABLE
TEREE-STORY BRICK DWELL
ING CONTAINING TEN ROOMS,
TWO AND ONE HALF BATHS AMI
BASEMENT KNOWN AS PREM
Uses 9l3 r STREET NORTH
WEST, WASHINGTON. D. G.
BY virtue Of deed Of trust re
corded in Liber No. 111O4, FoliS
ords Of the District Of Columbia
and at the request Of part
secured thereby, the undersigneC
trustee will offer for sale by public
auction. in front Of premises, OF
MONDAY. THE 9TH DAY OF
AUGUST, 1858, AT 5000 CLOCE
PM, the following described prop
erty in the District Of Columbia
to-wit: Lot Seven "a in Wilson
Of, Square Three Hundred Sixty.
in Liber VINE, Folio 1877, in thu
Office Of the Surveyor for sale
TERMS OF SALE: ALL CASH
A cash deposit Of $1,000 required
Of purchaser at time of sale
Examination OF title, conveyance
ing, recording. notarial fees, deed
recordation tax and revenue stamps
At cost Of purchaser. Adjustments
made as Of date Of sale. Terms
70 be complied with within thirty
days from day Of sale, otherwise
trustee reserves the right to sell
property at risk and cost Of de-
faulting purchaser, after five days
advertisement Of such resale in
some newspaper published in
Washington. D. c.. or deposit may
be forfeited, or without forfeiting
deposit trustee may avail itself OF
any legal or equitable rights
Ts pIc 9slaN NtTfso PlrchsseI m
WASHINGTON, D. c.. Trustee.
By: FRANCIS NJ. WILCOX,
Assistant Vice President.
ty23 "a, 29-aul. 8
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
LAMBERT. DROWN 9 EURL0W
~" Ts.hine.sn

washington a, ~. ".
N THE UNITED STATES DISTRICT
COURT for the District Of Co
lumbia.-MIHRAN NAKKAsH1AN'
ELIzABETH NAKKASHIAN, Plain
tiffs, VS.. g.. Z. BARNES, II living,
No. 155O-63.-ORDER OF PUBL
CATION.-The object Of this suit
Is to remove q deed Of trust as q
cloud on title and for removal Of
surviving trustee hereunder and
appointment OF substitute trustee
in respect to real estate situated
In the District of Columbia. known
for purposes Of assessment and
taxation as Lot 90 in Square IA
and which is more particularly
described in the complain herein.
On motion Of the plaintiff, Il Is
this 18th day Of July, 1853.
II living, cause his appearance to
be entered herein on or before the
fortieth day, exclusive OF sundays
and legal holidays, .occurring. after
the day Of the. first publication Of
will be proceeded with as in case
Of default. PROVIDED copy Of
this order be published in the
Washington Law Reporter and The
Washineton Evening Star once q
week for three consecutive weeks
before said day, and II Is further
ORDERED. that unknown heirs,
devisees, alienees and assigns of
q. Z. Barnes. II he be deceased,
cause their appearance to be
entered herein on before the first
day occurring after the expiration
Of three months from the date OF
PROVIDED q copy Of this order be
published twice q month for three
months in the Washington Law
Reporter and The WASHINGTON
Evening Star before said day, Ed
WARD M.CURRAN, Judge. (Seal. J
Attest: HARRY NJ. HULL, Clerk
By: NEAL =; HACKNEY. Deputy
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
HELP MEN
tcoNTINuEpl
ADJUSTER

Progressive Bank Needs Young
Man For outside Collection Work
We Prefer A Single Man, 81 To
20, with Min. Of Q Mos. Expsr
Good Starting Salary. Excel.
Opportunity For Advancement.
Co. Car. Plus Many Other
Benefits,
CITIZENS BANK OF MARYLAND
UN. A-1102 Mr.. bonn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
PEEL LIE z AMI NICHOLS g.,L. AssSEnsy

United STATEB DISTRICT COURT
for the District Of Columbia, Hold
ing Probate court,-No. 1Os.954.
Administration.-This Is TO Give
Notice: That the subscriber, Of
the District OF Columbia has OBJ
tanned from the Probate Court Of
the District OF Columbia. Letters
Testamentary on the estate Of
GRACE H. HOBART. late Of the
District OF Columbia, deceased. All
persons having claims against the
deceased are hereby warned to ex-
hibit the same, with the vouchers
thereof, legally authenticated, to
the subscriber, on or before the
Otherwise they may By law be ex.
sssSc d IS% a IN S'P rs h. S t tss
18th day OF July. 1863. THE
RIoqs NATIONAL BANK OF
WASHINGTON, d. c., BY: =, A.
MITCHELL, JR.. Trust OFFICER
(Seal. Attest: PETER J, Nc.
LAUoHLIN, Deputy Register Of
Wills for the District Of Columbia
Clerk q the Probate Court.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
A.t S1.S 9 PHI %..S EET5;GEE sII9,

SVnN OlLLON EIILGEHALD
attorney, 43O Washingtom Building
UNITED STATES DISTRICT COURT
for the District Of Columbia, Hold
Ing Probate Court.--No. los, B47,
Administration.--This Is TO Give
Notice: That the subscriber, Of
the District Of Columbia, has OBJ
tained from the Probate Court OF
the District Of Columbia, Letters
HELEN oVERToN WALk sisR.' late e
Of the District Of Columbia, de-
ceased, All persons having claims
against the deceased are hereby
warned to exhibit the same, with
the vouchers thereof. legally au-
thenticated, to the subscriber. on
or before the 9Th day Of Japu-
airy, AID. 1904: otherwise they
may by law be excluded from all
benefit Of said estate. Given under
its hand this End day Of July,
1868. LEO W. NILON, 3e42 Har-
rison Street. NV. ISeai.) Attest:
THEODORE CoGSwELL, Register
Of wills for the District Of Column
bia. Clerk Of the Probate Court.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
REUBEN BoNNETT, A..oTnsT

126 18th Street NV.
UNITED STATES DISTRICT COURT
for the District OF Columbia, Hold
ing Probate Court.--No. 10S,0b6,
Administration Is to Give
Notice; That the subscriber. Of
the District Of Columbia, has OBJ
tanned from the Probate Court Of
the District OF Columbia Letters OF
Administration on the estate Of
known as ELEANOR JEAN BUT
LER. also known as ELEANOR
JEAN CANNADAY. late OF the
District of Columbia, deceased.
All persons having claims AGAINST
the deceased are hereby warned TO
exhibit the same, with the vouch-
ers thereof, legally authenticated.
70 the subscriber. on or before the
3rd day OF January, AID. 1904 /;
otherwise they may by law be
excluded from all benefit OF said
estate. Given under my hand this
lrd day OF July, 1858, REDEEM
BoNNETT, 42b 18th Street NV.
lseal.) Attest; THEODORE coos
WELL. REGISTER OF Wills for the
District Of Columbia, Clerk OF the
Probate Court. JyD,16,23
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
LEGAL NOTICES
(coNIlNUED)
REA S1 Fs,s:.I PAWS; 4 Mr.

606 Transportation Bldg.
United STATES DISTRICT COURT
for the District Of Columbia. Hold.
BETTE L. DOUGLAS, Deceased
No. 100, 1O2, Administration Docket
220. - Application having been
made herein for probate Of the
last will and testament Of said
deceased and for letters tesla
AUGUSTA MARY MILLER and
ANN D. WINNER, It a ordered this
22nd day Of July, A, ID. 1868, that
ROSE BROoKS, JAMES DOUGLAS,
MILL1AM H. DOUGLAS, BARBARA
apS0SyoLLA tSavIBIE Betty T1S,,,. ANN FRS;
KNOTT. ELLEN 0AINEY, and
GAIL DOUGLAS, JOHN DOUGLAS,
minors, and all others concerned,
appear IN said Court on Monday.
the End day Of September. A. d.
l96J, at 1000 o'clock am, to
show. cause why such application
should not be granted. Let notice
hereof be published In the WASH
lngton Law Reporter and The
Evening Star once In each Of
three successive weeks before the
return day herein mentioned, the
t,rst publication 70 be not less
MA MAJ HaE wPtnfMss Sd shi RHon0 cSSs;
judge OF said Court, this 22nd dSy
Of July, A. b. 1893, (Seai. Attest.
PETER j. MCLAUGHLIN, Deputy
Regleter Of Wills for the District
Of Columbia. Clerk Of the Probate
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
IRA s. SIEGLER, Attorney
3O7 Ring Building

WAShlngt0n o, -. W
UNITED STATES DISTRICT COURT
for the District Of Columbia. Hold
ing Probate Court.-No. 1O7, 1894,
Administration.-This Is to Give
Notice: That the subscriber, Of
the state Of Virginia has obtained
from the Probate Court Of the
District Of Columbia, Letters
Testamentary on the estate of
AMOS H. SHEELER. late Of the
District Of Columbia, deceased. All
persons having claims against the
deceased are hereby warned TO- ex-
hibit the same, with the vouchers
thereof, legally authenticated, TO
the subscriber, on or before the
goth day of January, A. d, 1854;
otherwise they may BY law be
excluded from all benefit Of said
estate. Given under my hand this
18th day Of July, 1858. JOHN B.
Diversion, I721 De Sales Street,
NV, Washington,' D. c. (sealO
Attest: ARTHUR p, SMITH, Dep
uty REGISTER Of Wills for the Dis
trict Of Columbia, Clerk OF the
Probate Court. Jy23.30-au6
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
ARTHUR N: wAGMAN, Attorney

ARTHUR M. WA6MANa Attorney
01O 18th Street, NV.
UNITED STATES DISTRICT COURT
for the District Of Columbia, Hold
ing Probate Court.-No. 10S,l40.
Administra ton. This Is TO Give
Notice: That the subscriber. Of
the District Of Columbia. has OBJ
trained fAom the Probate Court OF
the District Of Columbia, Letters
Of Administration on the estate
Of CHARLES HALMER, late Of the
District of Columbia. deceased.
All persons having claims against
the deceased are hereby warned
vouchers thereof, legally anthem
Heated, to the subscriber. on OF
before the 3rd day Of January.
A. d. 1864; otherwise they. may
b. law be excluded from all. bene-
lit OF said estate. Given under my
hand this 3rd day Of July, 1853.
ARTHUR M. WAGMAN, 80 17th
Street, NV. (Seal.l Attest:
THEODORE COGSWELL, Register
Of Wills for the District Of Column
bia, Clerk Of the Probate Court.
iv0 16,23
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23

These who may qualify may
continue their association
next semester on a part
time basis. Call Asst. Per-
sonnet Mgr, 8 a.m.-2 pm,
for appointment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
ASSISTANT
MANAGER
(Nights)

Young man between rs to IS yrs.
old. with knowledge Of restaurant
and soda fountain business. Must
have completed high school,. Good
opportunity. for advancement for
one With initiative and who Is
willing to learn. Life. hospital and
medical insurance provided for
you and your dependents, plus
other worthwhile company bene-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
EDWIN SHELTON, Attorney
1911 X Street, NV.

4SAA - SNA~NNs ANeNNe
UNITED STATES DISTRICT COURT
for the District Of Columbia, Hold
ing Probate Court.-No. 108,94s,
Administration..This Is TO Give
the District Of Columbia. has OBJ
tained from the Probate Court Of
the District Of Columbia. Letters
District Of Columbia. deceased. All
persons having claims against the
deceased are hereby warned To, ex-
hibit the same, with the vouchers
legally authenticated. to the sub
s Sa1 81 . on Or Of5oT Iss{ ne oh s1a
wise they may BY law be excluded
from ali benefit Of said estate,
Given under my hand this 2nd
day Of July, 1868. WILLIAM r.
CRYER, 1909 Rittenhouse street.
NV. lseal) Attest; THEODoRE
coGsWEIL. Register Of Wills for
the District Of Columbia.. Clerk Of
the Prohata Court. iYA,l6.23
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
LEARN
PRINTING

Clean-cut young man, 20 to IS.
VIII be. trained by well-knoWn
company In their modern repro
auction shop. Type As W.p.m. Cal
first for appt. BETTY GRAY
haMPL; 626 Woodward Bldg. ST.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23

Word, Lines u I!% \, Ing Ing; s IIS;;
20 $2.7o 1919 $i..,5Soo
IS 5 $3.45 $40 $ls.2O
out-of.Town Rote, Sl,lo Per Line
! or More Times, Sl.0O Per Line
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-07-23
AUTO BODY MAN

64pcLlCuCcu only, must nave Own
hand tools. 6-day week, holidays
With pay salary or commission.
RA. 0-1S00.
AUTO MECHANIC, must be expe-
rienced. sober and steady. Expe-
Renee with small motors helpful.
Good job for right man. Good
work conditions. All year round
IS desired. =
REINEs MOTOR CO.
1910 Wilson Boulevard. Arl., Va.
AUTO MECHANIC, sober, perma-
nent position with own tools, good
opportunity, top salary. Apply
WILLOUGHBY's ESQ SERVICE,
1914 Wisconsin ave. NV.
AUTO MECHANIC, plenty o. work,
on 60es basis. Paid vacation and
holidays, disqualification benefits.
Apply Mr.. LEE. IA. $4,000.
AUTO MECHANIC, steady worker,
All make ears, PREsToNs SHELL
SERVICE. 4406 Rhode Island ave,
Brentwood. Nd I'm A-A0OQ
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-02-24

ITO, tOOay Inere WOulU De no
such thing as cocktail party.
In Washington the effects
would be far-reaching, even cata-
strophic. The cocktail party is a
way of life in the Capital. Without
it, the place would be an intellec-
tual desert. Conversation would
wither on the vine. People would
have no place to 60 between 6 and
roughly $50. State Department
relations with many countries
would worsen. The shrimp in
dustry would fall off and would
have to ask for a government
subsidy. A lot of WashingtOn'S
liquor stores and food shops
would show deficits.
Drink for drink, party for
party, Washington's cocktail cir
cult is more widely travelled than
those in any other place in the
world. A Partisan cocktail party
runs behind a local one by five
gallons of liquor, 500 canapes and
so delayed hangOvers. Washing
ton parties also have their own
rules, eccentricities and protocol.
The cocktail party custom
took shape on the day Miss Betsy
Flanagan, from County Galway,
Ireland, was standing behind the
bar Of the ordinary room at Halls
Corner Tavern, Elmsford, N. Yin
came a Continental Army officer.
He was bombed. He had been
drinking because Lord Howe was
giving George Washington a
rough time. Betsy had just fin
ished decorating the bar with
cocks tails.
The officer pointed and said,
Il want a drink made from those
cocks tails" So Betsy, not know
ing what a social hazard she was
creating, made him a mixed drink
and decorated the glass with a
tail from a cock, for swizzle sticks
had not yet been invented.
One does not need a reason to
hold a cocktail party in Washing
ton. All that is required is people,
liquor, canapes, money and an
overlap of more people. These
quaint affairs take place in pri-
vate homes, clubs, embassies and
hotels.
Some Of the larger cocktail
parties are about as intimate as
Union Station during Labor Day
week end.
Recently, l went to one in a
local version of a FlOrentine
palaZzO. There we're so many
, 1963-04-04

IN THE DISTRICT COURT OF THE VIRGIN ISLANDS
: JUDICIAL DIVISION OF ST. cRoIx. AT cEzRISTIANsTED
In the matter Of the Estate Of FAIDEE E. RENGGER. Deceased.
-sM~ e44s-PROBATEANO .1--1963
NOTICE TO CREDITORS AND NEXT OF KIN
o WHOM IT MAY CONCERN:
PLEASE TAKE NOTICE that, pursuant to an order of the Dis
-ct Court of the Virgin Islands, dated March 18th, 1963.the under
gned was appointed Executor of the above named estate.
All creditors of the deceased5HaideeE. Rengger, are required to
file their claims with c. dewitt Rogers, .Jr. attorney for the estate at
P. Q. Box SGT, Christansted, ST. Crox, VI within six. months of
the date OF this notice.
All persons indebted to this estate are requested to make pay
ment within the same time to the Executor at the above address.
Persons claiming to be next of kin shall file their proof of hership
With the undersigned or the Clerk of the District Court within the
aforesaid nerod.
Dated: March 18th, 1868. LUDWIG E. CONRAD. Executor.
C. DEWITT ROGERS. JR.
Attorney fcr Esae.
"@A=@f "#s1 " 30-411-18
, 1963-04-04
GOVERNMENT OF
THE VIRGIN AND OF THE UNITED STATES
OFFICE OF THE GOVERNMENT SECRETARY
CHARLOTTE AMALIE. ST. THoMAs
CD102I63
rrpTTrT~H Tr az n7ccoY TrTroAI
GOVERNMENT OF
CERTIFICATE OF DISSOLUTION

It being within the province Of my office, ], the undersigned,
CYRIL E. KING, Government Secretary of the Virgin Islands, being
satisfied by due proof, hereby certify that consent by the stockhold-
es to the dissolution of the domestic corporation known by the firm
name and style of WHITE SAIL LAUNDRY g. CLEANERS. INC,
has been filed with this Office in accordance with law, pursuant to
Section 283(d) Of Title Is. Virgin Islands Code.
] do further certify that, pursuant to consent to dissolution thus
filed, WHITE SAIL LAUNDRY & CLEANERS, INC. is hereby dis
solved, pursuant to Section 2s3(O Title Il, Virgin Islands Code. sub
ject to the lawful fuEfllment of the requirements of Sections 28S(d)
and ()285 and 286 of Title Is, Virgin Islands Code, and other appli-
cable law. $500.
And / do further certify that a duplicate original of this Certi-
fcate of Dissolution has been filed in the Office of the Deputy Clerk
of the District Court at Christansted, St Croix, Virgin Islands
IN TESTIMONY WHEREOF, / have hereunto set my hand and
aused the Seal of the Government of the Virgin Islands to be affixed
at Charlotte Amale, ST. Thomas, Virgin Islands, thisssecond day of
anuary, AID, 1868. $500.
CYRIL E. KING
Government Secretary
&C: Deputy Clerk of the District Court
Denutys Collector of Customs
27-4-l1-18
, 1963-04-04
UBLIc NOTICE

ALL AMERICA CABLES 81 RADIO. INC.
We wish to inform our clients that our new telephone numbers
773-os70, 773-0eso, 773-0seO
When you send your messagessvia ALL AMERICA CABLES &
RADIO you are using the only AMERICAN communications
system in the Virgin Islands that is capable Of handling all
your communications to all parts Of the worlds and which is
also connected with WESTERN. UNION for points in the
United States beyond our own Offices.
ALL AMERICA CABLES & RADIO has facilities that expe-
dite your cablegrans on TeletYpe. your Telex calls. and brings
\ overseas offices nearer with cur leased. channel facilities
FOR FAST RELIABLE SERVICE
PHONE ALL AMERICA CABLES.
28 2930123.
Evening star., 1963-01-29
Steel Output Drops
; Pct. During Week

NEW YORK, Jan. 20 (AP)
After three successive in
creases, steel production slip
ped nearly three per cent in
the week ended Saturday.
The American Iron and Steel
Institute reported output OF
ingots and steel for castings
fell to l,S6S,OOO tons from
1,9l5,OOO in the preceding week.
The slide left production for
the week exactly at average
levels of 1957-59, and dropped
it back from an eight-month
high.
Despite the setback, most
signs pointed to a gradually
Evening star., 1963-01-29

ment rate and so much slack
in our industrial production
now.
Other industrialized nations
West Germany, France, Italy,
Japan-have been growing far
faster than we have. Russia's
growth rate has been much
more rapid too. With our
mounting labor force and
world responsibilities, our
growth rate has been unsatis-
factory by every acceptable
standard.
How does an economy grow?
In spurts. In the 1820s and
l830s, this country grew rapidly
because of the trade upsurge
inspired by the canal building
boom. The Federal govern
ment helped that boom by
building the canals. In the late
18th century, there was an
other upSurge because of the
railroads. The government
helped that boom by it's land
grants. In the 1920s, there was
an upsurge due to the auto
mobile. The government helped
that one by paying for roads.
During wars, growth also is
stimulated because productions
of munitions is speeded up, and
by spending more money than
it takes in the government puts
extra dollars into our pockets.
Federal Aid Helps
During each surge, private
enterprise has spanked the
growth, but the Federal gov
ernment's incidental help has
played a big role too.
Now, in 1868, the Federal
government is urging action
specifically tax slashes-for the
primary purpose Of accelerat-
ing growth. This time the gov
ernment's action is not Incl
dental to other purposes
winning a war or providing
facilities for a boom. This time
the goal in itself is growth.
What are the ways a nation
grows? There are two basic
ones. When an economy is
"underweight," operating below
its capacity, tending to stag
nate and joblessness is high,
the immediate aim is to grow
back to a full employment
level.
This, says the Philadelphia
Bank, 'is desirable growth. .
because "if more people go to
work, there should be more
goods and services produced for
each person in the country to
enjoy"
4 The second kind of growth
is a ''long-run thing" akin tc
the way a child grows taller
and builds bone and muscle
Here the aim is to add to q
nations overall ability to pro.
duce.
In the first kind Of growth
the goal is using existing ca.
pacity; in the second, the goa
is adding to existing capacity
Today, we are aiming at both
kinds of growth.
Tomorrow: How an ecO-
nOmy's growth can be stimu-
lated.
! distributed 1863. by The Hal
syndicate. Inc. All Rights Reserved)