Indianapolis Times, Indianapolis, Marion County, 18 February 1946 — Page 9
18 (U..P,).—~The nce 'that * carried oday promised to jes. there despite sighth conference ts Saturday when 15in, 44 ta 3, in a dison. The Hawkumes remaining as r second straight ionship. lar forwards, Dick nner, held to four \ggressive Wiscon-
guards Herb Wil. |
Thomsen
stepped lo tally. 16 points |
slack,
t comes Saturday |
is at Champaign.
emaining for the
liana and Minnejana that handed their only loss of
nd Indiana kept ip hopes alive .by
ind Purdue. The | | Illinois by a 48 |
ne Hoosiers took a over their ancient S.
rm victory was en« |
her brilliant pere Morris, the burly
Big Ten'’s leading
Morris. scored 20
s conference total
87 points.
econd place in the |
1¢ hands of Mich« tic Michigan had ghts and trimmed > 50.
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wn x «Q ~
ntest
rward, paced the ins as the Wise ted the Indianape -34, in a National etball league game
esterday. He ac-. ints on six field
yul stripe markers, high for the locals and Arnold Risen
s got seven apiece -
id at the half, 27-
uarters, 34-29. The their margin in
raction, U, 8. Tires ot Garage, 21-16,
ins lis Athletic club
4114
Arket 3737
hawaii
Y- don’t want your dollars to buy less and
less and less!. vig
Youdon they: your savings to melt away! Or-the value of your life insurance to
dwindle !
Yet that is what inflation can do to all of us. Therefore, thoughtful people everywhere are concerned with ways to smother it before it gets out of hand.
One major cause of inflation is a shortage of goods when people have money to spend for things they want.
That cause can be eliminated by the production of goods—fast—in quantity. .
BUT THERE'S A BOTTLENECK
During the war there wasn't enough labor and materials to meet the needs of war and till produce all the civilian goods people wanted and could buy. Therefore price controls on civilian goods were substituted for competition to keep prices down. Today this country has all’ the labor and materials necessary to turn out the things people want, Yet goods are still scarce. Store salves are still bare. The national pocketbook continues to bulge. Inflation grows.
of Manufacturers, 14 West 9th Street, New York 20, N. Y., will bring
[ LET'S SMOTHER INFLATION... 4 postcard addressed to the National Association ] your copy of a booklet explaining in detail why price controls cause inflation.
Why? Because price controls in peacetime hinder the production of goods. Business cannot live by producing at a loss. And so, goods that can’t be made to sell at the prices fixed by the government just don’t get made.
Nor will the raising of price ceilings solve
the problem. When costs and selling prices
are subject to change at any moment by government action, production has to be on a day-to-day basis.
That means wncértainty... reduced output ... More inflation. |
ISN'T THIS THE ANSWER?
Remove ‘price controls on manufactured
| goods and production will step up fast.
Goods will then pour into the market and, within a reasonable time, prices will adjust themselves naturally —as they always have — in line with the real worth of things. '
Competition has never failed to produce this result.
This is the way you can get the goods you want at prices you can afford to pay.
“Please think this over. Then tell your representatives in Congress what you believe should be done. You owe it to yourself...and to your country’s welfare.
NATIONAL ASSOCIATION OF MANUFACTURERS
For a Better Tomarrow for Everybody
