Indianapolis Times, Indianapolis, Marion County, 9 January 1949 — Page 48

LR pg da

To Preserve Economy

Aims for Year Interpreted

As ‘Inflationary’ Forecast By J. A. LIVINGSTON WASHINGTON, Jan. 8—President Truman forecast the business outlook for 1949 in positive terms in his stateof -the-union message: “The Employment Act of 1946 pledges the government to use all its resources to promote maximum employment, pro- = 1 fore: duction, and purchasing Satiationasy promised,

power, “This means that the govern-

Fair Deal’ Jitters ' Production Backup Not Felt Here As Much as in Bigger Cities

By HAROLD H/MIARTLEY, Times Business Editor / AS THE ECONOMIC CURVE crawls deeper into an|’ almost snowless January, business in Indiana follows the national pattern, but with a little less response to the de-| factors. What is happening elsewhere is happeng here, to a lesser degree. Business has not picked up ar Sou ttyl, wondering bow he

On the bright side it can be noticeably. It is still slack-| On the BCE g

tainty, but. Indianapolis is doing than the dynamic cities of the steel’ fabricating belt along the Great Lakes. . « The “What will. Mr. Truman

do?” question has been answered.

under the brakes of uncer- pression clouds ar

lifting. The invisible terror of what may happen is fading. Business, -accustomed to the uncertain turns ‘in government policy, is sitting at conference tables trying to work out its collective destiny under conditions as they are. Businessmen know : they will have to accept whatever laws Congress lays down. They have been through this before, and

\under ‘conditions which were even

% What worried businessmen was the “or else”

more unfavorable.

tect business and

and against the evils

cumstances.” That's

political idealism,

will ment is firmly committed to pro-/have ready public works to throw

the people into the breach;

he'll against the dangers of recession allow Secretary Forrestal to step

of inflation,/up the armament

“This means that the govern-|cause it will prop employment; or ment must adapt its plans sudiperbiapa he will push aif the hata: policies to meet changing ecir-

a distinctly|curity base, particularly ‘uneme

linflationary, or, at least, a non-|ployment ‘compensation.

Lincolnesque Message He 18 going to raise the standard of the country—not only in basic necessities (food, clothing, and ter)—but beyond that he wants federal aid to education, a nation

sage was

]RF

rural electrification to ease the lot of the

The tone of the mess

wide health program,

Ise clause in the President's speech. Hé told the fellows that if they could not supply the market the government into business with them and help supply the deficiency. big business is, it cannot compete with Uncle Sam’s tax-

farmer, a 75-cent-minimum wage, equality of economic opportunity; srumant interested in Stayilising also public works to develop hy- employment—in keeping econe

dro-electric power, irrigation, na-|Omy On an even keel over the

J Sete

financed bankroll. The extreme rightists see this as a move toward the government swallowing up all busithe bigger ones first. Howthis does not need to be the and probably will not be. was plainly a threat, and there are many, many hurdles between Mr. Truman's words and translating them into deeds.

One of ele is the Toluca pass more taxes.

bai

i os business still holds the pr

biggest non-government pocketand the congressmen have run again before the Demo-

{ing their “chances for re-election or the source of campaign contributions. No congressman likes the prospect of taxing himself out of a job. So Mr. Truman's request for additional taxes may hit a snag, although the order in whith the program is presented may have much to do with,its| success, { If Congress doles out the bene-| fits first, there is a better chance of the higher taxes being ap-

will p they still have in their mouths the sweet syrup of new-found government benefits, such as ex-

‘Not many Individuals test the higher taxes if! 0g er

On the Farm—

Yodr found advertising. ore the print is dry.

More than 100,000 religious calendars roll from the presses of the Sentinel Printing Co., 437 E. 10th St., each year, Most of them are distributed by funeral homes as Charles Lappin, 924 N. Park, examines one The Sentinel Co. is piling up ¢ orders for the year-end trade.

11950 Calendar Business Starts Booming in Indiana

This i is America’s most ear calendar, It has led the _ Brown & Bigelow line for 18 years. It is-a Norman Rockwell painting of a Boy Scout with a protective arm around a Cub Scout wi looking at the spirit of George Washington in the background. Mrs. Beatrice of B. & B. is hanging a 1950 model.

vigation, and flood control so as years—is a backlog of publie to conserve the nation’s resources. Obviously, the President is paying heed to the election. returns. offices, public buildings, harbors,

He got his mandate from the : Sara an the workers and he's dams, etc, are still gn blueprints going to carry it out. But . wisdom requires good timing. The greatest resource of a gov- individual,

works. When schools, hospitals, poste

.|they’re to a national ‘government what money in the bank is to an

Auto Men to Hear U. S. Prosecutor

BIGGER DOLLAR FOR HOUSEWIFE Continued drop in wholesale prices augurs further fall i in cost of living.

State Considered as Prime Market;

Boy Scout Scene Called Nation's Favorite If you have waited in vain for someone to give you an attrac- Dealers’ Meeting tive calendar for your kitchen or bedroom this year, the calendar . makers are trying to make sure you get one next year. Alexander M. Campbell, as The 1050 calendar business is in full swing and orders are fistant U. 8. Attorney General piling up in Indiana, a prime calendar market. and Hoosier prosecutor of the| There are several calendar producers and distributors in Indi-|Chambers-Hiss case, will be the

Ee Mors rer hi husband last May 18, specializes|Principal speaker at the 12th an-

in religious calendars, selling ap-nual meeting of the Automobile Paul, Minn, and the Sentinel 1 Printing Co., 437 E. 10th St. proximately 100,000 Protestantineglers of Indiana in the ClayBrown & Bigelow sells 72 per|Salendars to Junesal Homes re be ol Hotel Wednesday night. aTIS raise own living, | looking out for his own neck. cent of the nation’s calendar OE HI Trt Mr. . Campbell, who . provided . “nd thelr y Tax-wise farmers didn’t want to market considers Indiana one of reason. the legal support for the govern- D efl ati on Si d e Hake The Sentinel company receives ment’s case, is expected to reveal

Crimps Market

1949 Viewed as Good Poultry Year

By HA HARRY MARTIN Farm Wri

presidency. And the legislators tended Social Security, sickness know what happened in the last/and health benefits, and improved congressional election which fell education in those areas where .{teaching staffs and facilities are sub-standard. The real backup, if there is Where Yrouble Lies. one, lies in the factories. Fab-| mne apariee of oar flashed in steel, wood and textiles find themselves living in a world |pefore Indiana livestock men at known for a long Hie, They have merchagidise to|the start of the year; when an y have up in warehouses. | oversupply of hogs brought prices that, they are having whip-cracking sales meetings.| gown. to the lowest levels since

or close in the Hoosier State, the | OPA days. workers go right back to the It was a case of the farmer

Campbell to Address

i SAT 1240 KN Poparat for 3. R. Livingston

At the moment, deflationary forces are al work in the economy. Christmas sales

Data: Durean of Labor Siatisties

8 2 83 g : t g i Fg 8

: the same in more money until the new|th® Steadiest and fastest grow-

ear. Net income for 1948 would[\n8: T. L. Delanty, 935 Archl-|.,jondars printed in sheets. The some of his experiences in gath-|were not up to expectations. Nu- the Fug be smaller, because of higher tects Bidg. Indiana distributor, company selects the Bible verse ering evidence in the Red spy|merous companies have laid off ty gusty, the, ih 8 presides production costs. Why add to|rates the Hoosier calendar mar-\sor each day, prints that and the hunt. workers. Men's clothing manu-\y, oo gible Yet t that doesn’t gross by selling hogs in the last|ket at somewhere near ‘a half|tyneral home's name, “tins” and| J. C. (Larry) Doyle, Central ifacturers have been pushing Overs mean he should grerman the aldays of the year? million dollars a year. That's the|attaches hanging strings regional sales manager of the|stocked goods on the market. ready es Race to Market potential. Calendar makers ring "distribu-| Ford Motor Co., will address the| Agricultural products continue to Aer leveling off in Scenery Sells tors are discounting the idea of|/dealers on the future selling at|sell around support levels and prices and production would not These little piggies Of the B. & B. calendars, the|® Fecession in 194941 the calendar|the noon luncheon with highway hogs just hit a two-year low. inecessarily indicate The cost of living has dropped session. Indeed, it would

; : bil

are willing to follow a plow or scratch the soll with a hoe.” He is about right. It fs in Chicago, Cleveland, Toledo and Detroit ‘where the relief lines grow ‘longest. But not in Indiana. We may have some of it here in the

9 ith

stayed

tet H

Detroit week | next féw years, but it won't com-| home and became fat hogs. With iness cials the. Indiana sconomy was|pare with the distress in the| the new year, farmers raced one Boys Scout picture, one by Nor-|ZUERsS SOC, Do taken as dn ac: preg the program. Ee tt 00 a EO el I ns "me: lots of tillable land. hand-pitiing, fam fast-spending man- anothe hed market il pr id wel} anf being awn “The sale of 1050 calendars is| The dealers Will discuss their homes started are down from a mittent sector-by-sector . factories slow down |ufacturing cities. r the first day, shipments ’ . * they report.’ “If{safety campaign in which some year ago. Numerous business! ments we have had t

: going strong,’ tapered off, loading was ham-{It has led for 18 of the 25 years| .. ining tise does as well this $50,000 has been invested in dual-|firms have either completed post-|the post-war period—in &muse-

One highly significant note is the at- pered by muddy barnyards. it has been in the B. & B. line.|yo5r the country h thing tol control driver training cars for/war expansion programs or are ments, furs furs, Jewsiry Sails. titudey but words, of the auto-| The scare was over, But it was Scenery sells well with winter |7ear | Ty a8 no ing to schoo) t undertaking them. ; 00ds, radios, ete. Jing 20's : along with pout ok oti the Xa the key to Ameri-/a lesson to the farmer, showingiscenes low on the scale zr high 1s. i hesitant abou |books, frosted ore f 8, radios,

utomobile belt Shey are talking security how. an Qeraupply of hogs can/in the coal and fuel industry. trimming their a oiler or any kind of wea shatter prices Summer scenes are most popular) but General Motors has been careful not to get out on a limb pro- SA 1” the with because they present a contrast Be] GM did not try to inside, eather e question,ito the deep winter sh which | maintain all of its vast war naw ght» going of under i Joing aes Appen t0/ calendars are distributed. pated Aitomdufie Jtodution, stand they ure getting near hei ours sptimism. As one a ing Pretty girls wearing no less oT its physical assets to end of the post-war joy ride and dricks County farmer expressed] than bathing suits outsell nudes. back ¥ soon will have to get out andj. One calendar salesman said,|

ee i i

2.00 Metal Bread. Box

needs of a carefully ¥ : ant The production future. fight not 10 produce and distridb-| “we may not see $30 hogs ‘The men look at them but or 0dd Lot Wooden Beds, Posters, The L : ute cars to waiting. and eageriggain, but our feed costs less are afraid to hang them in their : Indiana go Motor executives are talking|customérs, but they will have to! now. If we can get $20 a hun- Offices.” Girl allure is always J ANU ARY Clean-U Pp “ee - denny Lind. Values up to fellow. Hoo order reserves but they also areifight it out for the consumer’s|qred, wp won't get hurt.” | strong .but it has to be publicly | 29.95 i eee (098 free and p bammering for sales harder than gollar. Bia Busi : jPoveptable. Bunk Beds, Wood or Metal, now... 39.98 Fa at any time since the war. They| mye Fora Motor Co. turned out| ©/g BUSIness Discount Recession 84.95 Natural Oak 5-Plece Break the oath © Bave taken off their padded) oon” i, (tractors, trucks| Hundreds of Hoosler farmers| y, indianapolis the Sentinel 0 fast Sots Indina 8 gloves and are slugging it out, : {have watched as neighboring {Printing C es wnst under] ER. BEE HE EB. UF BE BB BE 7 |l 20.95 corner Cabinet, unfinished w Gover mentioning competitors publicly injand passenger cars) last Year .rymiy sized” farms were swal-|,, oF O07 under 20.95 Corner Cabinet, unfinished. 12.98 ne Ye words which ofteri are far from| with Chevrolet running about|lowed up by big business, agri- Be Suidpnce “the. de of er 14.95 Unfinished Drop-Leaf former 0 complimentary. 2000 higher. This is too close for! culturists. Thousand-acre farms,|— one - once the death of ner Breakfast Table ___..._.. 6.08 Bn fp This means simply ‘that they comfort. {owned by corporations or city in-ipy B il d 19.50 Unfinished Extension 3 t Attomatie wl ‘oe th vestors, are not uncommon. ome Builders to Dine | Breakfast Table 8.95 = oe -— utoma transm ony seem 10 | Indiana's aver: farm size is dian a a No Clutch? next stép In small car development. There(113 acres. a believe Aiding HF Hous Foon 3 11.95 Maple Cricket Chair .....__1.95 members. ‘1 fs hardly a car in the country which is not prepared to add this farms of this size can survive: 6:30 p. m. Tuesday in Fox-Hunt Prices ‘ Reduced to "Clear 23.95 Boudoir Chair ee lb95 overflowed - ‘feature when the time comes and Sompetition mands ir There i 33-degree frost In May spellsiRecreation, Inc, 1201 E. Wash- dd ; 59.95 Cooktall Chairs .__..... 34.88 ane spect 1s, however, another disturbing factor e automatic transmis- ster for a strawberry erop./ington St. Paul R. Pike, i ktail sion “story. ’ Automatic transmissions. cost money. Prices of auto-|But L Iie Juang o dre peig de-|tion president and builder, will ELECTRICAL APPLIANCES ® HEATING au Saukiail Shales Re Saich 2 zd Syn ma Cut oboe 1500 Io Lo bo i Cui ps rete” STOVES © Hundreds of Odds and Ends . . . Lounge Shain... ne Gav. 8 for far less than the prices of| Yohed In New York this week. | Using wild, hardy plants from poo Builders to Meet Weed Vardi Gross Waste Baskets... The augural t n auto! C nsmission 0 aKota, e exper menters | ! . ..any of the standard size small] A tomatic transmission North Dakota, th iment 1.25 Leatherette Waste Baskets __ 50s Kouss -1ap cars. ee old add Et least $175 to the {Rope to bring frost’ - resistant| America’s road and airport | " Kiddie Pictures _______.____._ 3s decade, 1 Prices are getting so high that|price of any the Big Three strawberries to the home garden| builders will convene in Washing" i 8.50 27x45 A fine citizens th: in a few more years of breeding.|ton Feb. 7-9. ugs made from pessing a buyer resistance is rising In|and this, when accessories are : —— | ELECTRICAL APPLIANCES— carpet samples ______.. 4.95 authority, { wome lines. Reports in Detroit considered, would catapult the B il di T d - B ; : : 1.75 Braided Rag Rugs, 18x30... 75 any funda last wook poled strongly lo 8|drive home price fo, svnent ul ing rade Favors Ban | (20) 2.95 Vuleane Combination (1) 194.50 80-Qal. Eles. Water 130 Yds. 7.95 27-inch Bigelow oeeiar | : / hough Chevrolet officials insist these da) ys, at 1s a Jot of Oi . J di H nal iffs ! Hot Plate and Toasters. 950 Heater .. coe 139.98 Sanford Carpet wannanViin 45 audience, | do not want to make money | money. And. an increasing num- n ur is Cc Oo 1 : (8) 14.95 Dormeyer Ese. Juicers 8.95 4.95 Pinewood Blug 6:F1. . eyes, that i.. ABS year. They want to hold|ber of buyers are thinking twice f k . (1) 288.80 Presteline Eles. Sarpot __________ Sq Vd, 2.95 “not MISA § Shar lusd-and-get-bask.the $50{about. it_befors they put. their Credit Absence : Strikes to Pact; | (15) 7.95 1000-Watt Else. Irons_ 3.95 Range, Fully Automatic_.__219.95 105-Plece Pastel Dish Ensemble___ 19.98 achieving | millio: . ne. { £0 : | Agreement Due for Renewal This Month | (8) 13.95 Zephyr Bios, Mixers. 5.95 (5) 308.75 77-00. Ft. Do Luxe 30.30 Regia Eltotrs-Swsesen 2-20.95 “rt ing C h U C di } D While we are riding up| By FRED W. PERKINS, Scripps-Howard Staft Writer Tass ng Fireplaes “that we ¢ as P, Credit VOWN. ana down the roller) WASHINGTON, Jan. 8—A labor jurisdictional dispute, accord- | (9) 5.95 Kent Coffes Makers... 3.50 Elec. Refrigerator With Soreens ........ ai 10 differences coaster of the business graph, it might be well to Jook at the trend Ing to an official definition, is a “dispute between two or more unions | Freezer — oes 249.95 Splint Clothes Hampers _________ 1.89 tions. But of retail buying in the larger ¢ities. Cagh sales are going down. | over the right to control certain kinds of work or certain workers or | (8) 12.95 Kent Coffee Maker 16.95 Hassocks, Assorted Colors. 9.95 uo. Shred Credit business is going up. In Detroit the figure for the big retail | certain areas” ~~. ~~ § . Sets With Trays _._.._._. 4 nomic sect outlets was 9 per cent on the minus side while the “credit houses” The frequency with which such disputes formerly develo into Soltis Ins 198 (2).1998 Hollywood Brellers ... 8.98 19.95 Masgooks, Assorted Golers._ (2.96 “On the were reporting a 20 per cent gain,| * strikes was one reason for enactment of the Tatt-Hartley law. 1t| (4) 72.95 Promior Elec. Sweepers 49.95 (|) 35.00 Apt. Elec. Washer ___ 24.95 12.95 Hassocks, Assorted Colors... 6.95 freedom © 3 la 3 per tent annual wage In- made them an “unfair labor prac-| 135.00 60-Inch W dng ver all trend 8 PS geite) creases, And sald one official, tice” and subjected them Eo there are fears that this indus-| ; Cabinet est i 1.00 our bert} “That means we h to impr Cl ce Te a A lh LE en Sno atk ————— » enough to justity alarm. Costiour production techniques 3 per|" Sin a red state of continuing strike among| HEATING STOVES— 20.95 Metal 3-Ploos Wall Gabluets. (1.95 ry cutting is the rule of the day. gent a year to meet the automat Re . a as soning of v 19.95 Junior and $ The. 28 More efficient production, and| ht. Year 10 matic| jurisdictional strikes have fallen the 19 unions ‘that make up the 195 Junior and Student Lamps... 8.95 throng Ww | wage increases.” off from thousands a year to AFL's building trades depart-|] There will be many cold days this winter when your present stove will be inade- 7.05 Set Lamp Shades—Table, main 100!

Most credit, however, is given to an arrange-

quate! Save fuel and money by replacing that old heater now. 164.50 Florence Oil Heater

newer, more attractive merchan- ' | ‘There is plenty of caution in practically none. dise is being designed to lure the ty economic air, but no reall y

consumer dollar, | cause for alarm. Didn't Mr. Tru- ment worked out by management

Junior & Student, all 3 for 2.95 “Togeth 3.95 Metal Bod Lamps .....__ I50

ment. | Ban Unanimous | 126.00 Quick Heat ON Heater... 79.95

Sei 115.00 ‘py iayroved Bgduction methods man promise to take care of both and labor in the building indus- Condemnation of jurisdiction ‘ 7.95 Ship Lamps—"Santa Marie” 2.96 Suit provi i ve become so much the rule of business and labor? This, he may |try, which formerly produced the|strikes is practically unanimous. 49.95 Sure Heat Oil Heater _... 34.95 174.95 Estate Coal Meatrola ._..119.98 3.75 Rayon Bed Lamps ....... 1.08 : business through research that find, is quite an order, since they big majority of jurisdictional dis-| President Truman, although call- ; 9.00 Lamps, pair 400 from the . Motors in making its each have had a pretty tough putes and strikes. on 1He 5 w Al . f hea ad + Including last contract with UAW included| time taking care of themselves. | The subject comes up now be-| 5 for Taft-Hartley repeal, re-|| (49.95 Allen Twin Burner . arm Aire Ciroulating + 8.95 Unfinished Dressing Table... 4.95 cause of the probable revision of PPated In his message to Con- vo Heater oon. -- 90.95 Coal Neater .......... 9.95 20.95 Wood Beds, Twin or Full (Continue Four Indiana University business|the national i 1so/ gress Wednesday that such|] . BIB. oem ma vant :98 Bright IN INdiana Jr. Sainted « bright picture, paeamss ton bois aor Sree strikes should be prohibited. || 154.70 Estate Heatrola OI Wester_1 10.00 119.95 Maseot Ciroulating Goal 59.95 Bunk Beds, weed or pa 4 Get T 's 1040 economic outlook in the Indianapolis’ Columbia ment will come up for renewal| The National Labor Relations 89.95 Stew (hn Ol Heats 29.95 MORBE oo itae meee ie 89.05 59.95 . Junior Hollywood Beds, Chu last Thursday. {late this month in Miami, where has been called on_to in- \ a Pu mmn ’ » “35x88 2098 F or G The Fun boldly previewed 1049-economic and business ex-| leaders of ‘the building trades|te in only four jurisdictional | o.o ge wioronce ON. Heater 139.95 11.95 Rodi Heat Electro Heater. 495 evo ——————— pectations in Indiana, and the Jk n, to members of the Indian- unions will meet with representa-rows in the 18 months of the Flore (Healer. . oN 34.95 Child's Wardroby .......19.98 *A Chapter of Chartered Life ou ronction or steel-using|UVe8 Of the Associated General|Tart-Hartiey Law. All were out-l 139.95 pus Therm OIL Heater (09.98 13.76 Topper Electrie Heater... 6.95 ° 4500 Bookeases ......o.....20.98 BE bankers,” pro as concerns and a comparatively. Contractors of America, side the building trades: nd 9.95 Arvin Elegtrie Heater... $6.98 15.95 Maple Plor Cabinet ...... 8.98 Ho total J. Edward Hedges, protes-|!Sht dip in livestock prices on| NO eo PAYEE h aiden oF 89.95 Francis Washington Goal ECE 84.95 Oak Dinette Sultes ._.... 44.98 T insurance at Indiana Uni- the economic position for 104 Fh the bullding industry seems to Rg Sireniater .......onrone $0.95 . 16.00 Portable Elec. Heater & Fan 1.95 ph fupiie Fig Tables in Gle favor the compact, It provides| I High Chairs... e added : N . for a joint labor-management! B& oF A Re] USE YOUR OREDIT—A SMALL PAYMENT DELIVERS YOUR GHOIGE i roced ads even - forum speakers were slonary movement in price and|a decision binding on all parties. Fea Go, C. Sauvain, professor ultimately lie ‘expansion, Pending decisions, no work stop-| 5 bli OPEN MONDAY AND FRIDAY NIGHTS So 9 P. M ing Prof. Turn may occur, oY Pe BY Tr A Bor i el ge 317 : LLHHTTA LY : hb ) 5 boom will lead to a lower gen- 1a due largely to t an supporting law in the back 2 TXT 40 o o >