Newspaper Page Text
WHIN4TON
Washington, D. C. (NWNS). —'For
many months one of the big prob
lems here has been that of controll
ing expenditures by the public of
the largest national income in the
history of our country. Heavy tax
es, purchase of defense bonds and
necessary increases in prices have
absorbed some of this extra income,
but figures just announced show that
there still is a large surplus income
■which is not under control.
There is probably no one of us
who feels that he is not perfectly
capable of handling any extra in
come which he may be making, and
there are a large number who are
not making more money than they
have in past years, but figures show
that the purchasing power of our
nation as a whole is now so much
greater than the goods available for
purchase that there will be serious
inflation unless our expenditures
are drastically supervised.
The department of commerce re
ports our national income for the
year 1941 as $94,500,000,000, which
is 13 per cent above the record for
merly established in 1929. Further
more, because of lower prices today
than in 1929, the purchasing power
of our income in 1941 is estimated
to be about 30 per cent higher than
the purchasing power of our 1929
income. Only about one-eighth of
this extra income is traced to war
expenditures.
But this is only the beginning.
Present estimates anticipate a rise
in national income this year to $113,-
000,000,000, which is almost three
times as great as it was in the de
pression year of 1932 and is 25
billion more than in 1929. It is al
so estimated that the total value of
civilian goods produced during 1942
will not be over $66,000,000,000 —
leaving 47 billion dollars of income
which cannot be used for purchases.
Part of that will be paid into income
taxes, part will go toward defense
bonds, but there will still be a siza
ble amount left over.
The years of eflfort made by the
New Deal to boost the national in
come is reversing itself and the ad
ministration is now chiefly concern
ed with keeping the income from
getting out of hand.
In order to prevent this abnormal
income from causing the skyrocket
ing of prices, the Office of Price
Administration has adopted the poli
cy of announcing price maximums on
all necessities which start to get
out of hand. So far, price maxi
mums have been set largely on prod
ucts on which there are severe
shortages, such as refrigerators, au
tomobiles, bicycles, washing ma
chines, etc., but they can be antici
pated later on a wide range of ex
penditures including foods and rents.
Another tightening up on install
ment buying has been imposed to aid
in curbing purchases. On many ar
ticles all payments must be made
within 15 months and down pay
' ment minimums will be 33 1-3 per
cent. This will include radios, re
frigerators, washing machines, vac
uum cleaners, bicycles, lawn mowers
and many other products sold largely
on installments.
Although the government contin
ues to plan for making necessities
available to the public, it is clear
that from now on there will be no
hesitation about cutting down the
civilian supply of most any product
if by so doing war production can
be increased. All branches of the
government are now in agreement on
this and efforts are being made to
push war production even beyond
the high goals set by the President
at the beginning of the year.
.Reverses in the war have made
it increasingly evident that the
planes and ships we can produce in
the next few months may be many
times as valuable to us as those we
might produce a year or two years
from now. No effort will be spared to
reach maximum speed toward this
end, no matter what sacrifices the
public will have to make. The new
Bureau of Industry Operations,
headed by Philip D. Reed, chairman
of the board of the General Electric
Company, has been charged with the
responsibility of seeing to it that
every available machine is kept
working 24 hours a day. Top men
in industry and business have been
named by Donald Nelson to head 24
industry branches under Mr. Reed.
Difficulties over the handling of!
news which might be helpful to the
enemy have arisen frequently re-I
cently and the public has clearly j
shown its objections to the publish-1
ing of any news which appears to j
reveal vital information.
Greatest objections have been
made about news released in Eng
land which the papers here had
voluntarily suppressed. The recent
story about a huge U. S. convoy
steaming toward Australia, first ap
peared in an English newspaper
sent to the paper by an English re
porter on board an American war
ship. American reporters on the
same ship had not sent out any
stories. Steps have since been tak
en to come to an understanding with
England on censorship, since the
navy department and the President
had also been disturbed by the pub
lished statement of a prominent Eng
lishman concerning the establish
ment of a huge U. S. base in Eng
land.
Byron Price, U. S. director of
censorship, has stated that the news
papers in this country have done an
excellent job of co-operating with
censorship rules.
FOR SALE — My residence on
South Main street. Has new roof.
Terms if desired. Will also exchange
for improved farm lands. See S. G.
MADDOX.
BLAKELY CHAPTER NO. 282
ORDER EASTERN STAR
Holds regular meeting nights ev
ery second and fourth Thursday
nights, 7:30 o’clock p. m.
MRS. SALLY GOOCHER,
Worthy Matron.
Mrs. Nora Scarborough,
Secretary.
Give Your Scissors This Exercise!
Madam! Do You Know That It’s Clever
To Be a Clipper?
Here’s a habit you can readily cultivate, and you’ll find
many of your friends following it.
To become a clipper at one clip, so to speak, just see that
the shears are handy when you sit down to read your news
paper. As you spot an advertisement of something that in
terests you . . . especially some item that you want to ex
amine when you are shopping next time . . . clip out the
notice and take it with you.
The merchants who advertise with us are glad to have you
ask for specific merchandise. And sometimes it’s helpful to
refer to the advertisement when you are right in the store.
At all events, a clipping pinned to your shopping lists helps
you remember this particular errand. It simplifies and short
ens a shopping trip so much to know what you want and
where to get it!
Every Advertisement Has a Message
All Its Own
THE EARLY COUNTY NEWS
Early County’s Oldest Business Institution
EARLY COUNTY NEWS. BLAKELY, GEORGIA
SEED! SEED!
A FULL LINE OF GARDEN SEED
Now is the time to plant that garden.
See us before you buy—we can save
you money.
PLOWDEN FLOUR & FEED STORE
Cuthbert Street Next Door to Express Office
INGRAM’S HATCHERY
ARLINGTON, GEORGIA
HATCHING EVERY WEDNESDAY -
White Leghorns and New Hampshire Reds--
Sexed and Straight Run.
IW-LOW PRICES on LEGHORN COCKERELS
TRY AN ADVERTISEMENT IN THE NEWS
SUPER FOOD VALUES
Friday and Saturday, March 20-21
Blue Plate Mayonnaise
Pints3oc 8 ozs. 17c
Potatoes—No. 1 Table (limit) 5 lbs. 15c
Vanilla Wafers—B-oz. pkg.loc
Crackers (Sodas) —Full lb. box 10c
Salad Dressjng—-Quart 29c
Vinegar—Gallon jug3sc
Marshmallows—l4-oz. pkg. , 15c
Chipso—2sc size and 1-12 c size, both for 26c
Lux Flakes—2 large 25c pkgs, for 40c
Rinso—2-25c size pkgs, for ?- 40c
Ivory Soap—l large and 1 medium, both for 13c
(Last call on soap deals)
Apples (Delicious) —Dozen 20c
Grapefruit ■. 3 for 10c
MEATS THAT PLEASE
Lamb Chops—Lb.4sc—Leg-o’-Lamb, Lb.3sc
Sausage (Pure Pork Patties) —Lb. 25c
Mixed Pan Sausage 2 lbs. 35c
Best Streak-o-Lean Meat—Lb. 19c
Cheese (Wisconsin) —Lb. 33c
Ralph Scarborough
(In the Arcadia Market Location)
Phone 39 We Deliver