Indianapolis Times, Indianapolis, Marion County, 10 September 1952 — Page 14

PAGE 14

* REVIVAL IN GERMANY . . . No. 2—

New Deutschemark: Is

By CHARLES R. and ROSETTE HARGROVE BONN, West Germany, Sept. 10 — Ha rd - headed Swiss bankers, who daily swap the banknotes of Europe, have made a lot of money over a relatively recent newcomer called the deutschemark. It made its entry four years ago very humbly. Nominally of equal value with the Swiss franc—but without the Swiss

franc’s 100 per cent gold backing—it changed hands at first

at the price of 20-odd Swiss

centimes. Today it hovers around 100 centimes. Nobody outside of Germany has vet taken it into his head to store away deutschemarks against a rainy day. But its claim to be a “hard” currency four years after its launching in a country without any gold, without any values to substitute for gold, without any soundly functioning - government, and without the agricultural territory of Eastern Ger-many-—that is something of a miracle.

IT 1S EVEN more remarkable that the new mark should have won the confidence of the Germans themselves. In one generation they have seen their currencies scrapped twice. This time—four years ago— owners of 100 reichsmarks got six and a half deutschemarks. Yet within a year the Germans stopped hoarding commodities and ceased blackmarketing (except for cigarettes, then scarce but now plentiful, Hke everything else.) Savings banks deposits have been mounting faster than at any time, despite the fact that the middle-class people have been transformed from thrifty citizens to those who claim: “I'll never save again. Maybe we have some debts, but somebody else, maybe the Americans, will pay.” “" » = DESPITE THAT paradoxical attitude, all sorts of figures can be cited as indications of pros-

perity just around the corner. .!

If you take 1948 as a basis, German industrial production has more than doubled, the rate of progress exceeding’ that of any other European country. Her 320,000 coal workers ‘are producing more than 10 million tons a month, which is above that of 1936. Her crude steel

SEARS

ROEBUCK AND CO.

g is a story about you, our friends. Because in 66 years, we've come to know a lot about you. We like to talk to you. We like to write to you. We especially like to call you by name.

We know a lot of general things about you—you own a car; have a family of two children; like steak and french fries; like to lean on your lawn mower, rather than use it; and your favorite conversation is the unusual weather we're having. But the minute you open our door and come into our “house,” we know you're somebody special. For instance, you came walking into

output already exceeds that of France plus the. Sdar, and is expected to expeed that of Britain's 16 million annual tons. 8 ” " FRANCE AND Britain both envy the German balance of imports with exports last year-— and in this first half of 1852, an excess of exports of some $90 million. There are continuous r.ew record highs in oil refining, iron ore mining, ani production of nonferrous metals and automobiles (all about double prewar). There are still 1,250,000 unemployed, largely due to the influx of 9 million from Eastern Europe—but there are, by latest count, more than 16 million earning wages against 14 million four years ago. » n nn INDUSTRIAL WORKERS now put in a 48-hour-week, although they are demanding its reduction to 40. When agreements freeing Germany from the status of an occupied country are ratified, another stimulus to activity will be added-—rearmament. Failing setbacks elsewhere in the Western world, Germany will go ahead further. No less dependent than Britain ‘on foreign food and raw inaterial, she must export to keep her people fed and her industry alive. But unlike Britain, she has no commonwealth, no colonies, practically no foreign assets, and she is desperately short of capital, » - » THAT LAST IS the burning question. It is behind the determination to make the deutsche-

SAAN TENA ALNI0 9 RON BARE. F550 le

RS A ROS Heh iv

mark as good as gold, for that is necessary to induce domestic savers to invest on a long term basis. At the moment, the little people who were once the big savers are more intent on things like flat silver and other household goods they can turn into ready cash in an emergency. They haven't forgotten what happened twice before to the | mark. | , The soundness of the deutschemark is also necessary to woo capital from abroad— meaning U. 8. A.

ONE ESTIMATE, made in 1950, is that $1.5 billion would be necessary over four successive years to insure full employment and normal develop-ment-—at 1950 prices.

Sib [PL

MORE CARS—Auto produc- | tion is once more beating pre- | war days.

being stamped for use in Allied sector of Berlin, began life very humbly four years ago, now is claimed as "hard" currency.

STAMP OF APPROVAL—West German deutschemark, here |

THE INDIANAPOLIS TIMES 14

F lourishing

The economists who fixed that sum suggested ‘the aid should be in U. 8. orders for German goods to be sent to underdeveloped territories under the Point Four program. Others eye the World Reconstruction Bank.

Any way they look at it, one thing is certain: Sooner or later West Germany will be knocking at the doors of the American taxpayer and investor. NEXT; New houses and old bunkers.

re mm x

When You ~~ Buy COAL

2uality Coal... clean, careful, courteous § deleries . . . full weight « + + all these and more

are assured when you

Service.

problems.

deal with a coal retailer who displays the red, white and blue shield of Coal Heating

He is a progressive merchant of your community. To protect your comfort during the heating season he provides 24-hour emergency service for your coal heating equipment. In many other ways he “fol | lows through” with help on your heating |

Protect yourself with good Coal and good Service—buy from the coal merchant who displays the Coal Heating Service shield.

7 Hour orice

Day and night, CHS retailer DRY Se4 l yuun HS eta i coal heating equipment, Coll

This Shield Protects You

COAL

SERVICE

smile of satisfaction on your face, AND the radio tucked under your arm.

We thought you were a good customer, not merely

because you bought the radio, but because you smiled

our hardware department as if you were looking for a

particular item. When we asked, “May we help you?” you simply stated, “No, thanks. ‘I'm just looking.” Or perhaps you came in to make a payment on your account. You really hadn't thought of buying anything, but recalled your daughter's room at school as you passed our radio department. You knew she'd like one of those new portables. So you went out of our store with a

ap : -

with real satisfaction.

where you chose to shop.

You are the friends who are our customers.

We had pleased you. Perhaps you were a new customer, or one of long acquaintance. It really doesn’t matter, for the important thing is that we enjoyed our freedom to talk together in the store For whether you buy, or don't buy, we always find pleasure in just doing our best to please you with the goods we sell.

And that's why, at Anniversary time, we like to pause and remember you, our friends and customers. We want to tell you that we're going to give you an extra measure of attention, and an extra helping of savings to take home to remember us. of thanking you personally.\ ™

It's Sears way

“

Sears 66th Anniversary Sale

on pou moma duck SEARS,

Starts Friday! -

All Haier %

Dozens of Facilities and Items of Service

Only an Institution This Size Can Offer All These Facllities .

at Prices Anyone Can Afford

ALABAMA AT VERMONT ST. FREE PARKING

5 IM. 5381

WHEN CASKET IS CHOSEN

Buchanan Services Include

AT NO EXTRA CHARGE® .

Mortuary Facilities ) 1. Use of all Mortuary facilities. 2. Services in either of the chapels or the private rooms (large chapel and adjoining Solarium can seat 350; smaller, chapel 125). sallding Com air-conditioned . pnd of caskets in private display depart ment at Mortuary. All prices plainly marked for your protection. Covered drives for protection of family. \ ge of chapels when available before services. of {amily room before services. Pipe organ and organist. Elevator——if desired. All necessary requisites for casket setting (screens, stands. catafalques, flower tables, transparent casket veil, ete.) 11. Apartment-like suites for friends to visit with family. 12. Religious paraphernalia furnished (crucifix, prayer rail, etc.) 13. Special rooms for Wedges to assemble previous to services.

The Staff 14. Large staff, assuring extra personal service 15. Staff are members of most all religious and fraternal orders, assuring strict adherence to ceremonies and rituals. 16. Lady attendant to care for women and children. 17. Staff on call 24 hours a day. 365 days a year. 18. Several staff members are veterans of “World Wars I and II with experience to properly plan military

honors.

Professional and Detail Services 19. Furnishing and placing card on place of business. 20. Removal of deceased in service car from home or

_ hospital. . 21. Bathing, sterilization and preservation of deceased. } 22. Shampooing and waving or trimming hair, shaving and manicuring. 28. Plastic surgery. ® 24. Calling for clothing at home if necessary. 25. Purchase of pew clothing if necessary. 26. Procuring statistical data, obtaining physician's per Nola} signature on death certificates and burial pert. 27. Arranging for paid pallbearers, when uaecessary. 28. Arranging for soloists or quartet, if desire® - 29. Writing and inserting obituary and cldssified notices © for . 80. Photos to papers ang return to family. 81. Checking with cemetery to see that grave space, tent, grass and lowering device is ready for use. 32. Ordering vault (concrete or metal). 83. Direction and supervision of services in Mortuary, Church, Private Home and at the , 34. List of visitors who have called is carefully kept for family. Local Transportation 83. Limousine for family. 86. Funeral coach to cemetery. 37. Flower car to cemetery. 38. Supply and help arrange car list for funeral serviee.

39. Traffic director for proper car arrangement. 40. Police escort with cortege.

Minister—Priest—Roador—Rabb! 41.

Special minister's study for use of clergy sad for ¢ i consultation. 3

42. Arranging with minister for convenient time of serv. ice.

Popup

43. Furnishing minister with necessary data for service. } 44. Robes available for minister's use. . }

Flowers 1 45, Alvanyement of flowers and maintenance of flower record. 46. Memorial record of floral tributes presented to family. 47. Cards supplied for acknowledging floral tributes.

Govornmental—Statistical—Finaneglal 48. Procuring of American Flag for those with honorable discharge from military service. + 49. Applying for payments in connection with wartime service. ‘ 50. Execution and handling of Insurance forms. 51. Pre-arrangements (making funeral arrangements In

advance of meed), forms and identification cards always available.

52. Notary Public service. 53. Complete biographical file kept for future reference. 54. After-service budget payment plans available, 85. Flling Social Security reports. ~ = 86. Discount on bills pald within 20 days.

Out-of-City Arrangements 57. Should a death occur in another city—avold duplication of expenses, anxiety and a needless trip out of town—by calling Flanner & Buchanan, IMMEDIATE LY. Membership in National Selected Morticians, National Funeral Directors Assn.—means we have Funeral Director representatives in every town in U.S.A. —~and can arrange services or burial anywhere. 58. Obtatning transportation tickets for deceased and es. co 59. Arranging plane, train or bus schedules and tra 60. Packing and transporting casket to depot or Sasfors

Other - Facilities or Sorviess Avallable for Adiitianal Charges 1 roof vaults for postpomed or burials. 2. Cremation—in our building. I rems an ao ing. (Only © tory In » lumbarium-—(A Ja room niches containing cremated Py kn for rms 4 Disinctive Selection of uray. hour auto ambulance service (smbulance exclusively to transport sick, invalid and oe hn

AND

CULO LU &/ (IUD,

A 10-year provement p the amount proposed to county com Over the would cost : $900 ‘million, The Con tion called year increas construction traffic needs

The repor laying the g sure on the ONE—Inc line tax 2 ce act a truck and mileage TWO-—Box share of thy THREE use motor v for county r The repor Duggleby, s sald counties 4000 more n million less Years ago. Mr. Dugg! revenue as ‘ meet even n The Deca sioner charg highway re: lowest in th he said, hig] $285 a mile,

Other

The repor ages for 1 Ohio, $733; Michigan, $: The prop million hig] the’ 10-year down this v lion; countie cities, $89 n Normal m struction cos now, the rej The repor crease in r motor vehicl safe and d most highw:

The numb roads has r the last 15 y while the wi jumped 75 p trucks 450 | Samuel Hz Commission was ‘“greatl report, but ment on it 8 Actress In Dress UPTON, } trude Lawre today in the last Broads King and I. Lights we York's White old actress’ here for bur of her husb ducer Richa The lights night after the great act tribute of 1. tained spec church. Hu the sanctuar side. Her husb: her “remem was while « play.”

Atlanta Comes (

ATLANT!/ stitution anr Democratic Adlai Steve: editorially “I great men n cal system.” The Const it does not : in the Demo lieves that forthright opponents.” The Const lican Nomin hower a “m but said “the aries pose t the foreign which are su

Adam t NEW YO: are going ti day. Adam he will mar he met in playing Chri ing Mary M passion play

FIND A | through the home ads in of The Ind diana’'s Bes Buyers.