Newspaper Page Text
The Houston Home Journal, Perry, Ga., Thurs., Aug. 27, 1964
WASHINGTON AND
"SMALL BUSINESS”
By C. WILSON HARDER
In the period from 1949 up
through May 6, 1964, the United
States lost over $9 billion in
gold, or roughly 37 per cent of
its supply, so that now the na
tion could not redeem the dol
lars held by foreign nations.
* * *
And like the radio ditty
* Wonde
where th e®
onder mcnt
I simple. C. W. Harder
* * *
Since 1946 through 1963 to
| 123 foreign nations, including
I possessions of France, England
i and Holland, some 103 billion,
i 916 million dollars have been
: given away under the name of
foreign aid. This money was
I given, in case it has been for
| gotten, to feed the starving,
; clothe the naked, and get a
little industry started so people
could get pay checks.
* ♦ ♦
The Central African Republic
I composed of some 1,000,000
people, which is about as close
a count as they could make in
the bushes, was given a mil
lion dollars. But apparently
very little of this was used to
buy hippopotami steaks for the
starving, or whatever they eat,
because $700,000 of this dona
tion bought with U.S. gold.
* * *
Gabon, another Bongo na
tion tied to France with an
area less than Colorado, also
bought up $700,000 of the Amer
ican gold reserves out of some
$2 million in U.S. foreign aid.
♦ * *
Oil rich Suadi Arabia, which
(c) National Federation of Independent Business
We've Failed to Get Money-Rich
Bui We've Got Other Things Going
BY COOPER ETHERIDGE
Are we depressing you with
these stories about life in the big
depression of the last year of the
twenties and all of the thirties?
Don’t be depressed; just be hap
py that things are much better in
this affluent society of today—or
are they?
We are opposed to depressions
and hope we never hope to see
another one. But a depression will
impress you as nothing else will
The redeeming thing about a de
pression is that almost everybody
is in the same boat, “Broke”.
The depression actually was lift
ing when my wife and I married.
I was making S3O a week as an
up-and-coming newspaperman. She
added a few bucks to the family
treasury by working at a photo
graphic studio.
We paid S3O a month for an un
furnished apartment, paid about
S3O a month on a two-year-old car,
S6O for clothes and insurance and
groceries, and could just throw
away the rest—if there happened
to be five paydays in the month.
We didn’t know any better so
we thought we were pretty well
cared for. We paid 8 cents each
for two pork chops, about 15 cents
for vegetables and a nickel for ice
tea or coffee. You could get your
stomach refilled for much less
then than now.
Once a week, we felt that we
deserved a “night out” —a real
ball. We went down to Len Berg’s
iu Macon and got a sirloin steak
for 55 cents, including a salad and
coffee. That was eating high on
the hog!
If we were really loaded with
un-committed cash, we took in a
movie.
As we recall, the service sta
tions would have a “gas war” ev
ery now and then and we would
follow it all around. Some times
you could get gas for 20 cents a
gallon, but we never had enough
money for more than five gallons.
Tell your children, some day,
about the Big Depression and see
“ you can get through to them.
They are sure you must be joking
because no one could be that poor.
'o' l - just about everybody was
Poor in those days, or are these
"ords being read by people young
er than the writer?
I moved up the ladder slowly
P u t ely and by 1940 I was mak
lng S4O a week. The boss was not
hoaking so much more than that
ve thought I was doing pretty
"b'n the Richmond, Va., morn-
n S paper offered me $2.50 a week
faise. ! wired back: “You’ve got
-oo a new reporter. “I thought
dt could be a lending agency
J r e e ”y soon, making $42.50 a
After about five months in Rich
j.on ike FBI asked me if I would
j t “‘tcrested in a job as an agent.
, *■ obvious that they were in
‘ ia pe. When they said if I
, J! ’and the investigation, the
v Pa ? R f salar y would be $3,200 a
surely, I though, this was
so far has received $46 mil
lion in U. S. aid, did even bet
ter. It took the entire $46 mil
lion plus additional dollars it
picked up along the way to buy
a $71.4 million chunk of the
U. S. gold reserves.
* * *
Surinam, also known as
Dutch Guiana, is an interesting
case at point. Back in 1667 the
Dutch were forced by the Brit
ish to trade New York for Suri
nam, and today it is a part of
the Netherlands. It’s 308,000
people mine 65% of the alu
minum ore used by the Ameri
can aluminum industry. But
handed some $4 million in for
eign aid, it forthwith took $2.5
million of it to buy a chunk of
the U. S. gold reserve.
* * ♦
Lebanon, which Is only about
4/sth’s the size of Connecticut,
with a population of less than
2,000,000, really tapped the U.S.
■ taxpayers in a solid manner,
taking SBB million, or around
SSO per person.
* * ♦
And what did the wily Leban
' ese do with this SBB million bon
anza. They took $53.1 million of
it and exchanged it for a chunk
, of the U.S. gold reserve.
I* * ♦
And so on and on examples
i can be shown. But to sum up
. in the five years 1958 through
1963, nations which had re
i ceived foreign aid dollars took
i almost $7 billion of these dol
lars and used them to whittle
. away the American gold re
serve. Or in other words, of the
$9 billion In gold loss, $7 bil
lion of this loss was made pos
, sible by give away dollars.
>* * ♦
Some say the U. S. State
i Dept, is brilliant.
* * *
This thesis could cause some
i conjecture.
19
the most money anyone had ever
been paid.
In three weeks after the FBI
job was suggested, I was on the
way to Quantico, Va., for training.
My wife sold all our furniture and
went back to Macon to await the
arrival of the first heir to the
Etheridge fortune.
For some reason we never got
rich.
For 26 years now, my wife and
I have kept up the payments on
all the things that we will own at
some time—about Social Security
time.
We will be eternally grateful
to our Maker for the warm friends
and the wonderful things that this
community has done for us.
These intangible things mean
more to us than $ and c, and they
will never be lost in a “depres
sion.”
CONAC Employees
Receive Awards
ROBINS AFB Thirty-one em
ployees of the Continental Air
Command at Robins AFB, Ga.,
have been awarded outstanding
performance ratings during the
past year.
Outstanding Performance Ratings
plus Quality Salary Increase went
to Linda C. Howell, Barbara J. Lo
zenski, Betty A. Feeney, Edward
F. DuCharme, Pauline H. Wil
liams, all of Warner Robins. Also,
Elizabeth N. Sutton and Mary B.
Curtis, Macon; Constance F. Ev
ans, Perry; and Mae C. Merritt,
Montrose.
Quality Salary Increases only
went to Erin G. Mason, Rosanne
S. Dean, Helen T. Wheelus, Eu
nice W. Mims, and Annie H. Re
gister, all of Warner Robins; Mary
Y. Brown, Cochran; and Brenda
K. German, Robins AFB.
Receiving Outstanding Perform
ance Ratings only were William
A. Duffy, Lester S. Aronstein,
Marguerite D. Righard, Ernesine
McFadyan, and Leroy C. Lingel
bach, all of Warner Robins; Mil
dred W. Hatfield, Dorothy J. Ste
phens, Hazel C. Emilio, and Allie
M. Hardman, Macon; Marjorie G.
Smith, Hawkinsville; and Kather
ine I. Perkins, Perry.
Helen F. Kelly and Sue W. Saw
yer of Warner Robins received
Outstanding Performance Ratings
plus Sustained Superior Perfor
mance Ratings. Grace B. Beall of
Macon was given a Sustained Su
perior Performance Rating only;
and Alfred E. Rocchio of Macon
was given an Outstanding Perfor
mance Rating, a Special Act or
Service Award plus a Mertitorius
Award.
Modern medicine depends heavi
ly on the use of laboratory animals
to determine the effectiveness and
safety of pharmaceuticals, accord
ing to Miss Lucile Higginbotham,
head of the Extension Service
health department.
FRIDAY and SATURDAY
1 111 1 " 1 *
Under Horae’s tad itlonal yellow-roofs you 11 dis
cover a treasure house of world-famous candies and
* a pecan treats, fabulous jellies and jams, exciting gifts
- >. and novelties.
\ / I—/ All this plus Home’s Circus Grille Restaurant. Enjoy
I dining at its best with tasty quick snacks or delicious
X full course meals featuring Horae’s superbly pre*
T) 11 I 2 Home’s famous •
Balloons | Rebelburgers |
& Ice Cream i for the 1 1!
for Children | j (111 |
when accompanied I S II
byParCnt ' 1
j Free Samples ! Home’s 99c J rm k I"
\ •°f Horne's Famous Candies ... taste • | T1 I I 1.0 II I nr 11 ! I R
\\ / jfS I I tempting Pecan Fudge, Pralines, DU • > U b lIUIA
ViTlUy and P Ur^aSe
Interstate Highway 75 and U. S. Highway 341
PERRY, GEORGIA