The Independent-News, Volume 100, Number 15, Walkerton, St. Joseph County, 8 November 1973 — Page 4
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Mis Father Herman spent Sittoday astern n with Mr and Mis R.<bert S igenfre: Mok and K ithhn ■ m S' uth B 1 ' Harvey Kellogg. c: Fish Laio , a his sistci. Mrs. Eldon Ka e 1s . • Mi and Mrs. Kenneth Doan .s| nt a wet k visiting Mr and Mrs. Hao d Bryat in Campa- |- la. South Car Ima They also vi-uted Mt and Mis J hn Beron and daughbis in Belton. South Carolina, and also took a tour of the Wells Pi ml. David H Wovdirger. sun of Mr. and Mis Har Id E War i ng, e 59659 Strawl ri \ Road. has been c* missioned a se< ■nd lieutenant in the Air Force roan his giaduatrm from the S h 1 of 5 'mty S auu> for Oft •r> at I .vktand AFB, Tex m. JI . as. s uned to Vance AFB. Okh . for pilot training.
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Close Out On All MATCHBOX CARS Buy A Handful! For The Christmas Stocking While They Lagt 50c each LIBERTY BELL Open 8:30 To 6:00 Bt3o To 8:00 Friday 135 N. Main — North Liberty
Miss Lawane Cark, of Topeka, ar! John Harig, of Chicago, were w k en 1 gue-ts of M: and Mrs. Durwi ■ ' Claik. M' and Mis. Herbert Kurzhal < died on Mr. and Mrs. Elmer Kurzhal in South Bend on Sunday aftt rm^n and they also called n Mi and Mrs. James Bellow, in Ardmore. Mi. and Mrs. Travis Holmes, Kai : and Michael, w-re Sunday dinner guests of Mi and Mrs. Frank Rauen Afternoon callers weie Mi and Mis. Lvm Rauen, < f Wanatah, and Mr. and Mrs. Claude Sheneman Mrs. Eilna S< h’ ih ? was pleasantly suipii-M at a birthday par. ty in honor of her 79th birthday at th? WMS meeting of the First Brethren Church last Friday ev. enmg. The sutprise was planned by In r daughter. Jeanette Jack, si n. who had a beautiful cake f r her and ii ■ cri>am was served
Miss Cheryl Kanapa and Miss Kristie Bussie, of South Bend, and Miss Bienda Lambert, were guests of Miss Marlis Hay at a skating party in Plymouth recently. Fred Schultz, of North Liberty, is visiting his sen. Staff Sgt. Fred Schultz and family, in Garden City. California. Mr. and Mrs. Rav Staub and children, of Elkhart, were recent visit >rs of Mr. and Mrs. Frank Sims Sr. Mr. and Mrs. Grant Poynt l r. of Kokomo, visited their parents, Mi and Mrs. Harvey Poynter and Mr and Mrs. Ce< 11 Worthington on Saturday. The Over Sixty Club will med at the North Liberty Community Building on Wednesday, November 14 at 12:00 noon with a pot luck dinner. Bring your own table service. Mr. and Mrs. Ted Wesolek and children, of Wakarusa, were Sun. day evening supper guests of M'S Charles Hammaker and they also visited Mrs Marv Wesolek. Mis Loi ?n Knowlton spent the week end with Mr. and Mrs. Joe Jochum in South Bend . n Sunday afternoon she visited with her sister. Mrs. Eliza Burger, in the nursing home in Mishawaka. Arthritis Sufferers: WAKE UP WITHOUT ALL THAT STIFFNESS! New formula for arthritis minor pain is so strong you can take it less often and still wake uo in the morning without all the pain's stiffness. Yet so gentle you can take this tablet on an empty stomach. It’s called Arthritis Pain Formula. Get hours of relief. Ask for Arthritis Pain Formula, hy the makers of Anacin* analgesic tablets.
. TRADE ACROSS THE SE/J American trade protection- i o. , .
fats may be pushing the nation toward “economic disaster”, and the U.S. consumer toward 801 a-pound bananas. 1 These are among the an* .twers of leading lawmakers, economists and businessmen to a campaign to wall in the country behind high tariffs •nd import quotas despite studies which show such bartiers would cost American workers jobs, squeeze U.S. business out of lucrative foreign markets and hang higher price tags on a sweeping range of domestic consumer items. I Rebutting protectionist as- 1 saults on American-based companies with overseas subsidiaries, former U.S. Secretary of Agriculture Orville 1.. Freeman remarked; “Investment abroad is investment in America.” * The rallying point for advocates of a “Fortress America trade strategy has been a Senate bill to impose import quotas, authorize curbs on exports of capital and technology and end the U.S. tax credit for foreign taxes paid. | The avowed purpose is to halt the ‘‘job-and-doilar drain” that supporters of the protectionist Hartke-Burkebill blame on multinational companies, comprising about 200 corporations with 8,000 overseas Subsidiaries. Yet an in-depth study by । Business international, an independent research firm headed by Freeman, challenges that philosophy point by point. Among other things, the survey of 86 U.S. companies With annual sales averaging $ 1 billion showed that in the past decade, manufacturers who expanded their overseas investments the most aggressively were the ones whose domestic employment soared fastest 33 percent more U.S. Workers for multinationals contrasted with a national
Misj Ruth K^lver and Mrs. Margurite Wiiks, of Mishawaka, called on Mrs. Myrtle Donathen on Sunday afternoon. Linder Williams spent Sun lay with Mr. and Mrs. David Will, iams and Barbara in Stevens, ville, Michigan. Linder and his granddaughter Barbara celebrated their birthdays together. Mr. and Mrs. Richaid Clark and Mrs. M. L. Clark w< i ? Sunday dinner guests of Mr. and Mrs. Allan Albright. Sunday afternoon callers weie Mr. and Mrs. Dennis Clark and Mrs. Lee Snyder and Karri. Mis. James Pellow an I ch.blren, of Ardmore, were Saturday dinner guests of Mi. and Mrs. Herbert Kurzhal. Afternoon call, ers were Ralph Kurzhal and David of Valparaiso. Need wedding invitations? Stop
NUSBAUM-ELKIN FUNERAL HOME WALKERTON, INDIANA For Your Information D ar flier !s, Ihe fr-quent shootings of the frontier days ceased when law an 1 order were established. S.milarly. world law and world courts appeal the logical way to settle international disputes that threaten war. The sett'.e. m- nts can be no less satisfactory than those re-ult;ng from war - yet many Ilves would Ite saved. The memory of our 10. t servicemen should urgi us on in pursuit of peace. Sincerely, j 24 HOUR AMBULANCE SERVICE PHONE 586 3444
BA CKGROUND ON BUSINESS Sft
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average of only 1-1 per cent. 'I he findings were supported by other independent studies, including a U.S. Chamber of Commerce survey of 158 multinationals. One such company-St. Paul - based Minnesota Mining and Manufacturing (3M)-est imates that one out of eight (or about 5,000) of its 10,000 employes in t* ie US. owes his job to 3M s sales in IbO countries, including 37 in which the company has subsidiaries. F New York's senior U.S. senator, Jacob Javits, put it even more bluntly. Branding the Hartke-Burke bill “a prescription for economic disaster for the U.S. and the free world,” he said: M lt would jeopardize the jobs of mdt lions now employed.” ? At the buying-public level, consumer groups warn the bill would hit hard at the American pocketbook. They argue that the elimination of import Competition would create domestic-monopoly situations and paralyze incentive for increasing production efficiency -t win development that would raise the prices of thousands of consumer items from shoes to color TV. Production efficiency, together with its price-lowering effects, is a key factor in determining when, where and how
HARVEST SI PI’ER There will be a Harvest Sup. per on Saturday, November 17. at 6:30 pm. at the Walkerton Odd Fellows Hall. All Rebekah Lodg> membeis. Odd Fellows, their fam. ilies and friends are invited tj this carry in supper. >Leve7v9ne reads th •jr AND USES f
to operateabroad. It has been pointed out that the bananas imported from Guatemala could be grown in Minnesota greenhouse s- but at a cost of $5 a pound. Backed by prominent economists, 3M Board Chairman Harry Hellzer asserts that Hartke-Burke advocates are, in effect, demanding “a subsidy at consumer expense.” Statistics show the average American family already pays S2OO to S3OO a year as a hidden subsidy for evitting U.S. trade restrictions. Refuting the protectionists* “dollar drain” argument, the Business International survey •howed that multi nationfl Is actually have a substantial positive effect on ÜB. balance of payments. Sixty4*o of the companies studied reported net income from overseas exceeded $6.6 billion in a single year-far more than the investment outflow. 4 The study concluded that International companies have httle choice in deciding between exporting wholly from the U.S. or setting up overseas subsidiaries. “Generally,” it said, “the only alternative is between establishing plants abroad and losing a large share of forwgu markets to competitors.”
