Wolcott Beacon, Volume 12, Number 7, Wolcott, White County, 7 October 1948 — Page 4

THE WOLCOTT BEACON

NATIONAL ADVERTISING REPRESENTATIVE

AaVEHTIStNG 'Utnn V

CHtCAOO SEATTLS HEW TOW SAN FUNCISCO

TJR WOLCOTT BEACON ..A XcwKpajier of. General ' Circulation '' 'Printed hi. tiie interest of ' . Wolcott iinr comnninitv I by The 1 BLA CKElllY ' PRINTING COMPANY Of Remington. Indiana ;; ,1 : Tok'iilioiie 28 ' ;.'' ,' ft ,1 t ; C A It D Local Advertising per t column inch: . nqtL.- 23c National Advertising per ! column inch . gross.J'Oc Classifieds lc a i word I ininiimn.il , charge... 2,c Card of Thanks .-() ' In Jfemorijinuj..i.?1.00 , 3 ' ' . '' : ' Mm. Ttir! Nc1hii Ih our rcprcHrntatlvo In Wnh'od PhMiKi mmh) or phone your mown Hems to her, BTS'IIO.P BENNETT

Court No. 2012

.. EN lt .Monday or

Each Month Art Kigo, C. It.

Donald I.idicau, It. S. EASTERN STAR. Stated Meetings 1st and 3rd Thursdays

AMERICAN LEGION Stated 'Meetings 1st and .'Inl Monday

American Legion , Auxiliary Wolcott No. 1.".I4 meets every third .Monday evening, 8 p. m.

ODE) FELLOWS Stated I Meetings Every Tucsdsy 'Nigbt

REBEKAHS 1 Stated Meetings 2nd and 4th Fridays

MASONIC LODGE Stated Meeting-, 2nd and 4th Mondays

WAXTI'D Cuslnin -.corn' pickj ing..- 2-M1 picker (mounted on M -ifh wagons, Call Lowell Stock men t, Remington, phone no-a .-..'sip

LOST-Or skiien,. hla.-k and Inn coon hound, medium size, scars , across top , of . front feet, lai'g,i ' scars'- under ln:cas(, otic

car spiii at iMiHii. ansv crs lo-

name of Trailer Liberal. Howard for information leading lo his return. : Jul in Kali. Cutler, T Miliaria, : or contact M. A. Tlislnoro. ,, , ;;. .V:U,n

FOR SALE hanho.

'Hon oil . hcaiiiiL;' ' stove ' and

Super . Elaine, oil lieater, snu . . 1.... 1 ,.,:'., 1 1 in

si.f . J i ill i ic;i i l . new HF12, Lowell 'doss;

Verfcc

Phone

Wolcott.

FOR SALE S.-w refrigerator.,' Paul O. .lolnison, dealer.

NOTICE TO FARMERS WE PAY CASH FOR DEAD ANIMALS HORSES . . . CATTLE . . . HOGS . . . SHEEP PHONES WOLCOTT 24 Stoma's Texaco Station Montieello 152 Robinson's Texaco Station BROOKSTOft 189 BR00XST0N WE PAY ALL TELEPHONE CHARGES BRANCHES OF FRANKFORT RENDERING CO. Owned and operated by Indiana Farm Owners

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NEW CARS

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Car prices are up but we are doing our full part to keep car financing costs down. i Before you buy that new car, discuss with us the benefits of bank financing, with its low costs, its personal service, its future credit advantages. It will pay you to investigate and r compare figures. We shall be glad to have a talk with you. i BANK oi WOLCOTT Member Federal Deposit Insurance Corporation

TIiniSDAY, OCT. 7. 1!)1S

. A Debt, to Profit

America has bec ome rictl and powi

Srful, with high wages and the best living, conditions in 'the world,' because of good piyfits. When I say America, I mean nil of America. All the people in thi:- si-oat country owe .much to tliis syst: m that allows profits to be made and used. When we appreciate that fa.c:,: It .Is possible to see the danger's t;iat exist when we do things that limit profits -or .keep them down.' . ' . for example, totiayi inflation has reduced the buying power of profits by about 40 per cent from what they were a few years ago. On top of this, profit has been reduced in many industries, Many businesses made smaller profits in 1947 than In IMG. Q:;!!c a few are tio.t making enou; h profit (to replace worn-out tools anil machinery. Others are borrowing hea ily. Those that borrow do so because they find they have to borrow. ",- I 1 '.,; .. ; (ut'stiou of Risk I ' An, Industrial , enterprise : can , only borrow, however, m the basis of anticipated profits: , "profits to come.'' If thbse expected profits do not cdme, then the future of that business is jeopardized. Nobo.iy wants to lend it any more money f!,i n. Tt's a poor risk. So , what happen 1 The .machinery wears out. Wage.-, hit rock-bottom. Workers drop out. top executives take Jobs In , better companies. Presently, j the business is bankrupt. Every company (hat has to go broke for lack of profits, puts a blight upon the record that bi longs to America. Yet, right here- in America we are today actually jeopardizing future jobs and future prosperity in the nation by bringing profits down too low. . for example,' the railroads cannot possibly replace tiixjr old equipment by depending upqn their profits. New equipment like , streamlined trains, latest model locomotives, lots of heavy equipment aim modernization all these things call for money. Profits aren't enough. Therefore, railroads rriust borrow. But suppose they dp not make enough profits to repay' the loans? These thir.yu keep the rail-, roads in constant danger. ' ' . . New Capital Needed ;The need for investment and for new capital is so great that many industries right now are investing more than their total profits. Of course, they are expecting present conditions to be temporary. They make huge investments, without regard to present profits, only because they expect conditions to improve and better profits to come in later. Actually, this simply means that profits in 1947 (which look tremendous in figures) were much too small. President Truman, In his report on the state of the nation, said that $50,000,000,000 should be invested in business expanslpn over the next few years. This would be fine. However, the fact remains that money for investment comes only as a result of work and savings. Unless we can got more profits than are now customary, we shall . still lack i for investments. With present, profits, Mr. Truman's figure cannot be reached. Why, then, do we need investment? For exactly the 'same reasons that we need profits. In order to make sure there will be enough jobs at good wages. Lack of investments and lack of profits is an invitation to unemployment and hard times. Let's not be deceived by those who would arouse us against profits. They would like to wjreck our "profit" system,, which has given us the highest wages and best living conditions men ever knew.

NOTICE . I wll lie imr of town froin

Ortolicr' 10 lo November ''Pur" Sl.-inlev.

I SI'IXKT I ' i A N ) Uetiul il'ul

y toned ami sulod ins' vnfull KS liioic' lievlitianl. :"l Kirptin. Hue io (if-i'iiiiistiiiM'cs must , sell ins fend of trnnsfer. Write to Mrs. Mi!lei;. -HiL'7 ("oTIh St.. Apt. ,111. -Mil. wa'ukee, Wis., es i,o ivlien iino jiniiv .l pel seen in Wiili ott

'Have . you .guessed n : Hie sovlieaus, at 1 lit Peoples Feed Mill? ' .

, Week end -zuesls of Mr. and Mrs. Ks(,. . Moreliead were llieir diiugliter, Avis Moreliead and friend ( arl IlasselJ. si ndeiit at Taylor University at l'iton. ,

R AUER'S TWIN TONE SHOP Open 9:00 A. M. to 12:00 P. M. ICE CREAM SODAS & SUNDAES SANDWICHES

F(l! SAI.I -I'.rilshed I'mtalors ami ' onions. ,Xoi1h of Ivensselaer .oli , I'oail '5.'1 lo, Kniniaii the Ii Indies east, "-L'tr

FOU SAI.i:- A share in lln I'eojiles Cii ( C Store. , Oliver Met 'lure. '. ' v ' V , ' ' .' ' :

FOl; SA LIv -Meiliiiin, sized Wilflit-. Moriiin. heal i nii' . slo'; ifii c 10. Mrs. iCora ( inl"i-.

lilke llokma is iniieli helli'r and able to sit ' up a, short, time each dav.

IJ'eceiil , ,r"sls ' , wIki . spnt severtil (lays jVi(lr Mrs Mollio -Jones have- 'been .Mrs) lOhira Ward of ('hira.uo. Mrs, (' A. Clark of Fitiiieesviile and Mrs. Addie Smith of .('liiiloii., III.

Chester While Hog Sale Tuesday, ' :00 p..-in., October Jih. I'll bn;,,.; gilts, fast growing, medium type. Many Slalei Fair winners sell. I'arkison Mtros. , and I'arkison and like herds. Sale at farm. ''2, mile's .north, .1 miles .east lot'. Uetisselaer.!; ' i-2tp

We Specialize in i Letterheads . Efvdopca ' ' - i ,. statements Club Books Note Heads Name Cards Posters Wedding Invitations ,, Business Cards Ruled Forms Kales Pads Progmms Stationery Sale Bills THE BLACKER RY FKIXTINO CO. Located in the Wilcox Drug Store Building Remington Indiana 1 Telephone 28 , Publisher of The 1 Wolcott Beacon

From where I sit ... lyiJoQ Marsh,

Get The Truth!

Called on my jrood friend "Cappy" Miller, who edits the County Bee, the other day. And hanKins up on the wall of Cappy's ollice is this slogan for his paper: "Remember thero are two sides to every question. Get both sides. Be truthful." A good slogan . . . not just for a newspaper for people, too. Because there'll always be two sides to every question: the side of those who vote one way, and those who vote another the side of those who enjoy a temperate beverage

like beer or ale, and of those who swear by nothing but cider. And from where I sit, once you've got both sides and faced them truthfully, you realize that these differences of opinion arc a pre cious part of what we call Democracythe right of the individual to vote as he believes, to speak his mind, to choose his own beverage of moderation, whether boer or cider.

FREE THERMOSTATIC CONTROL . . . .with your SAFEWAY HEATER Yes sir! We will equip every Safeway Oi,I burning Circulator with the new sensational SAFEWAY automatic thermostat control absolutely free. This wonderful device smoothly, surely controls the oil flow to meet changing weather conditions. While providing maximum comfort it saves you plenty of oil. We guarantee that this is a bona fide free offer to introduce this new invention into thousands of homes, that our Safeway prices have not been increased to include any part of the cost. Act now to save, when you buy and as yon use your Safeway. The Safeway burner offers extraordinary flexibility and burns clean whether throttled way down or opened wide. The inner unit of all Safeway Circulating Heaters is of heavy aluminum plated steel to assure against rusting or burning out. ) Call at our store and let us show you these outstanding heaters. -. i m ii PEOPLES CO-OPERATIVE FEED KILL WOLCOTT INDIANA