Indianapolis Times, Indianapolis, Marion County, 20 April 1951 — Page 39

Page PDF (7.66 MB)

Back to issue view

. 20, 1951

sands of miles

ra and jagged ains inhabited nd animals.

oncept this sea dered as effeche ocean itself. ‘defense in the triangle, They eld at Anchorval base of Kowest and Ladd

8 in the north’

om the Arctic

ing himself too nas concentratse three areas. to defend all heartland—not | itself. Indianapolis Times

y your @ 10w at

dson’s!

BS Poker stake

FRIDAY, APR. 20, 1951

Advertisement.

How could an Amburican girl with a New England upbringing and a Vas sar education become a Communist

folds the whole tragic story of her joining the Communist and her conversion from a

mately enmeshed in the sinister spy network of New York and Washing.

‘Made Up. of 6 Categories —

By EDWIN

this country is strictly legal.

scandal connected with it.

name among economists for the consumers price index of the Bureau of Labor Statistics, U. 8. Department of Labor, The patrons of this “policy wheel” include some 3 million organized workers and their employers, who have contracts for periodical adjustments in wage rates as the “cost-of-living” ipdex (CPI) goes up or down, The operators are 125 full-time and 400 part-time government workers who make up the price

Niagara Falls Plaza

Break for Honeymooners NIAGARA FALLS, Ont. (UP) —An observation plaza will be built at the base of famed Table Rock to enhance the tourists’ view of the famous Canadian Horseshoe Falls. The plaza will be created by the Niagara Parks Commission about 140 feet below the gorge embank{ment and 25 feet above the river’s ledge. It will afford visitors a {closeup view of the towering 185|foot Horseshoe Falls and the tur{bulent Niagara River below. | The plaza will be semi-circular {in shape and extend 40 by 80 feet, la total of 3200 square feet. In | preparing the site, contractors will slice off about 12 feet of earth and |stone to get a suitable base for {the concrete deck, which will be enclosed by a three-foot high guard wall.

Patrons of Consumers Price Index ‘Policy Wheel’ Include 3 Million Organized Workers

A. LAHEY

WASHINGTON, Apr. 20 (CDN)—The biggest numbers pool.in

Not only that, It is operated with such scrupulous regard for fairness and impartiality that there has never been a breath of

This unique numbers operation is the CPI, which is the trade

division of the Bureau of Labor Statistics.

Their boss, the head of the BLS, is 54-year-old Ewan Clague, whose background of economic research in academic and government work makes him as aloof from the turmoil of the market place as a monk. 3

Pressures from rival economié groups who would like to shade their percentage on Mr. Clague's policy wheel swirl around him constantly, but the only stock in trade the Bureau of Labor Statistics has is its integrity. The usefulness of the consumers price index would be zero if anyone could seriously contend that the

index was being gimmicked.

WITH

SLACKS © as $999

ANY

Famous Saltire

SIAILIGIA HIOIRINIS!

Tg BR CIAIRIE EIN

HORIZONTAL VERTICAL

1,5 Depicted 1 Disturb N famous statue 2 Visigoth king 8 Couch 3 Negative word 12 Century plant 4 Down 13 Fuss 5 Festive MIZE 1 ORB ENIA] 14 Musioal 6 Scent IMOIATAT IO[EIAIST EAR instrument 7 Accomplished EIS TIAT|E] SEL [ET] 4 13 Rodent 8 Sheet (ab.) SEEDS] (JNL704: 16 Unescorted 9 Cereal 24 Woolly 44 Mine entrance 18 Afternoon 10 Its creator was 26 Pendant ice 45 Baked clay social event sm ' 83 Directs 46 Half an em 19 Area measure 11 Indian 34 Thoroughfare 49 Expire 20 Closest 18 An (Scot) 36 Hail 51 United * 22 “Tar Heel 17Plyra]l suffix 37 Puffed up 53 North Dakota * ug Se a) 20Cold gales 42 Suffix (ab.) 25 Wealthy 21 Fur hunters 43 Mouth ulcer 55 To (prefix) 217 Cicatrix 28 Pain 29 Niton (symbol) 80 Mixed type

31 Exclamation 32 Percent (ab.) 33 Grade

47 Note of scale 48 Finish 50 Its sculptor WES wee 81 Preposition 82 Spoil 54 Unit of wire measurement

66 Plant 87 Goddess of infatuation 58 Act

ZIMESIAISE TIME EY [OO LIAIGE :

The ease with which the “cost-of-living” index could be rigged. and the far reaching import of such an act, is apparent even to us economic illiterates. Mr. Clague’s economists, to take

an extreme example, could use the price of end cut pork chops in their statistics this month, and next month switch to center cut pork chops. This kind of inconsistent reporting would show a false increase in the cost of food, and the| consumers price index would up. And if the index rose 1.14 points in a three-month period, a single! employer, General Motors Corp., would be bound to raise the wages of some 335,000 employees a penny per hqur, or 40 cents pér week.

THE INDIANAPOLIS TIMES

picture of living’ costs, because of some unrealistic economic reporting by the BLS. But two, fact-finding committees gave it a clean bill of health, Takes Slap at Bureau

More recently, Stanley Rutten-

berg, CIO research director, criti-|

cized the bureau for reducing the “weight’’ of food in the composite picture of consumer goods used to arrive at the price index. But the BLS reports that surveys made since the end of the war indicate that working class families have spent a smaller proportion of their total income on food. It used to be estimated at 41.6 per cent. Now it is estimated

lat 33.3 per cent.

The “cost-of-living” basket which the index envisages is made

The same little lurch in the price index that would cost G. M. about | $134,000 per week could work in reverse. If the index slipped 1.14! points in a three-month period, the workers would lose amount in weekly wages.

(rent,

up of six categories: food, apparel, house furnishings, fuel and light, and miscellaneous. To determine the month-by-month fluctuation in the price of this “cost-of-living” basket, BLS

that employees check the prices of 190 [separate Labor unions in 1944 and 1945 services

consumer items and in cities all over the

said that the index was not a true/United States.

to taste like a J milli

1. Champagne-DRY...tangy but not bitter 2. Velvet-SMOOTH... extra mellow, delicious 3. LIGHT but hearty...not thin...not heavy

Taste it . . . one of the world's best-brewed beers . . . aged to the peak of perfection. Choicest ingredients « + « costly purity methods and controls . . . insure NO HEAVY, HARSH bitterness. No “Bitter Memories,” no back-talk from CV! At your favorite store or tavern.

THE SIGN OF MILLION-DOLLAR FLAVOR!

So delicious, the flavor is actually

| In Washington, 45 economists and 60 clerks handle the intricate {task of assembling the data sup{plied by the price reporters. The index takes the years] [1935-39 as a “base period” of 1100. The index for February, 1951, stood at 183.8. Copyright, 1951, for The Indianapolis Times |

Now You Can Get Famous

DOG BISCUIT!

pees Rich in Proteins see

Meat's Main Element

At last! You can now feed your do, this famous Dog Food of Champions, Over 200 million Ibs. fed in leading kennels — now available at Jour: fs. vorite store. So first chance et a big box of this famous Ken-L-Bis it. Fortified with real meat meal, rich in protein, with good meat flavor! Now au. tritionally improved with Nurgene, nature's rich combination of vitamins. Try Ken-L-Biskit for regular feedin and use it always for een-mea snacks. Costs only 3 noies » day. So get Rea] Bist rom your favorite store t dar} Comes in a 2-1b. package or in 25-1b., 50-1b. bags.

SOLD ON A MONEY-BACK GUARANTEE

"Gladiaor” Luggage for Men

For long service, this twin set of a two-suiter and matching bag, can take plenty of punish-

' } 1 1 b I } ! leather goods | ment for years to come. Scuff and scratch re- ’ ' 1 ' | ’ !

sistant. They're truly beauties and what values!

2SUITER, very roomy............. $33.50* COMPANION BAG (You'll want If, foo) $23.50°

s H | t

insured for $1,000,000

Your Money BackIf You Don’t Agree!

We mean just that, If you don’t find CV all we say; let us know (address below) and get your money back.

The pri

Got plenty on ice, at home? Regular bottles . . . “noe deposit” bottles . .. quarts, for parties... and cans

BEER WITH THE

LL TON"DOLLAR FLAVOR