Kankakee Valley Post, Volume 18, Number 6, DeMotte, Jasper County, 2 January 1948 — Page 3
FRIDAY, JANUARY 2, 1948
BOOST IN PRODUCTION IS SEEN FOR ’48
A 11 Manufacturing Yolume To Be Geared To I n c r e a s ed Heights, Survey Reveals Washington, Dec. 27 Production is expected to rise to new peaks in 1948 and there is “a distinct possibility” that inflation will slow down, Federal Economist Edwin G. Nourse said today. “We’re not yet at a point where we can see, that we’re arriving at a stable level of prices,” he added in an interview. “If there should be a short crop season, we’d vitally have something to worry about. “But, aside from the weather, I’m inclined to be optimistic.” Nourse, formerly with the private Brookings Institution, is head of President Truman’s Council of Economic Advisers. ~ The council will provide much of the basis Tor "Mr. Truman’s economic message to Congress next month. In putting weather—and its effect on crop yields—at the top of his list of major factors affecting the nation’s economy, Nourse made two other points: 1. A new wave of strikes curtailing production, or a third round of sizable wage increases, could add to inflationary pressures. 2. Heavy exports could make more critical the scarcity of such products as steel and grain, thus adding also to inflation. The council which Dr. Nourse heads has advocated controls to guard against such a possibility. Nourse said that the nation’s production rose in 1947, but he withheld figures pending release of Mr. Truman’s economic report. However, the Commerce Department has issued figures to show that the “gross national product” probably has hit a record high rate of $235,000,000,000 a year, some 15 per cent over rthe
atm NEW year You wouldn’t be thinking of paintibg the town red, now, would you? Anyway, there’s reason aplenty for, feeling happy and carefree and confident as the New Year of 1948 approaches. May this New Year bring happiness to you and yours. t^e«e««*c߀te*c*«e MARY’S RESTAURANT
rate at last New Year’s. This is, of course, in part the result of higher prices. As for jobs, the United States Employment Service has said that employment exceeded the 60,000,000 goal in 1947 and may go higher in 1948. Nourse said that scarcity of steel, railway cars, etc., may prevent production from going ahead so fast as to build up to sudden letdowns, plane closings and layoffs. A modest production gain from year to year is desirable, he said.
To Leave V.A.
More Than One-Fifth of Veteran Hospital Staff To Quit Service By Spring Washington, Dec. 29 The Veterans Administration faces the loss next spring of 1.400 physicians, more than fifth of its hospital staff, Maj. Gen. Paul R. Hawley said today. Hawley said replacement of those doctors will be the No. 1 problem of the man who succeeds him as medical director for the veterans administration. Hawley has resigned effective next Wednesday after two years of service. The doctors involved are young officers trained in the wartime Army specialized training and Navy V-12 programs. The terms of expire in May. Hawley told a reporter. The officers in many cases were assigned to the more isolated hospitals for which, frequently, it was difficult to obtain civilian per sonel. Much Dissatisfaction. Considerable numbers are reported to have expressed their dissatisfaction, and their intention of leaving VA upon completion of their two-year terms. Ninety-three members of thd first contigent to enter VA service quit a month ago. The Veterans Administration employs about 6,700 for its 126 hospitals and their 118,000 patients. Hawley said the problem of chronic alcoholism among veterans still is increasing, and predicted that VA physicians will treat 10,000 of alcoholism this year, compared with 6,459 last year and 3,529 in 1945.
WHOLESALE PRICES CONTINUE UPWARD
Washington, Dec. 30 Wholesale prices continued their steady climb during the week ending Dec. 20, shattering postwar reI cords and edging closer to the alltime high of May, 1920, the bureau of labor statistics reported today. However food prices declined slightly in the same period; especially for meats, eggs,, fats and oils. This was offset' somewhat, the bureau said, by higher figures for fiesh fruits and vegetables. 4-Prices of foods were 0.3 percent lower than a month earlier, hut still percent above a year ago. , The wholesale price index covering about 900 commodities rose seven-tenths of one percent of the record level of May, 1920. The bureau pointed out that increases in non-agricultural commodities more than offset the decline for the food group The wholesale price index for the week was 102.5 percent of the 1926 average.
LARGE CROWD ATTENDS TRI KAPPA DANCE
There was a large crowd, lovely decorations and splendid music, all of which made for a grand : evening as Tri Kappa sorority staged its annual Chirstmas ball at the Armory last evening. Included in the group were-a number from out of the city.
KANKAKEE VALLEY POST
Wheatfield
Mr. and Mrs. George Grube had as Christmas dinner guests, as follows, Mr. and Mrs. Clare Grube and family of Lincoln, 111., Mr. and Mrs. Paul Shuman and family, of El Paso, 111., Mr. and Mrs. Arthur Grube and son of El Paso, 111., Mr. and Mrs. Vernon Grube and family of near Francesville, and Mr and Mrs. Kenneth Zeck and son of near Wheatfield,
RUNNING HIS TAVERN HALF DRY, HALF WET
Chicago James Fiocchi got his new tavern all set up and going before he discovered what he had done. a > He learned to his dismay that
jr # Each year we welcome - the New Year, certain it can bring only better things. Under New Year's familiar lights we share memories of struggle, of triumph, of hope. M«y all your hopes for 1948 come true! And may you enjoy a very happy New Year. Johnson Oil supply Harry Lisk, Mgr.
Every new year is a sealed package ... as we start to unwrap 1948, it is our sincere hope that you are opening a big box of happiness * . . Bud Henrichs and Family
legally half of the place was in Highwood, which, by local option, allows a man to sell intoxicants. But the rear end of the tavern is in Highland Park, which is dry. So Fiocchi did what any smart operator would do under the circumstances. He started selling; drinks in the front end and sandwiches and pop in the back part.
MARRIAGE LICENSE
Robert A. Sc he mbs, born in Ford county. 111.. February 13, 1894; present residence. Remington; occupation, livestock dealer, and Lucile E. Hensler, born in Jasper county. March 18. 1912; present residence. Remington; occuaption, teaching
& w | in nTo****. Jr i.'l jk \M jwa m* a m - - i Mb-' |p gy ' I Our Proclamation lor 1948! The New Year presents a challenge. We accept that challenge, pledging to do our utmost to make this a better community in 1948. Your friendship has enabled us to play an outstanding role in the past—we look forward to a continuation of your good will in 1948. DEMOTTE HOTEL
HAPPY NEW YEAR, j * • EVERYBODY! We know of no better way to begin the New Year than by extending our thanks to our friends for their generous patronage. We hope that we can be of still greater service to you in 1948, and may the best of everything be yoursl KONOVSKY LUMBER YARD
NEW DEVICE ROUTS CORN BORER PEST
Welcome, Minn. A young Welcome war veteran has begun a campaign against a pest that cost Minnesota farmers ah estimated $13,000,000 damage this year from corn borers. Ernest Pollard, former Seabee, has invented a cornstalk cutter that chops the standing stalks into one inch pieces, either killing the borers outright or making it impossible for them to survive the winter because of inadequate shelter. The borer normally hibernates in the stalks during the winter and produces its young in the spring.
