The Daily Banner, Greencastle, Putnam County, 1 February 1949 — Page 3

fob. 1 • UP) nan a action

the DAILY BANNER, GREENCASTLE, INDIANA, TUESDAY, FEBRUARY 1, 1949.

Action

Eliaahu lOpstein, Israeli representative in this rountry, deilar-

ed that "the gratitude of the tll

people of Israel goes out of the was viewed'here'as a Uep to al-

Jaii"^ 1 ' 1 clctl ’ on wus J executive's former business part- , ' ,'ner. Eddie Jaeobson. also was

Uecognition of Trans-Jordan present.

President of the United States. Mr. Truman granted full recognition to Israel and the neighboring Arab state of Trans-

tie recogni-1 Jordan yesteiday. He thus kept haih"! by , fj promise to Israel that he would boon to the take that action as soon as the

J eounlry elected a permanent gov-

leviate possible Arao ^pleasure. Two officials of B'Nai B'Rith, national Jewish orga. z at ion were present when Mr. Truman S -J?ned the recognitfcn announcements. They were Frank Goldman. president, and Maurice Birttyer secret ;iry. The chie r

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string^ our town an d of our community is in its people. This taking care of our own, of ourselves and of our neighbors has r city a good place in which to live. Wholehearted support of B6R OF COMMERCE dedicated as ours is to the building of a reencastle is a responsibility we must all assume. Let us disat responsibility in what we are proud to call the Greencastle

liiimber ol* Commerce Needs YOl le, !0l Need The Chamber of Commerce

JOIA TOIIAl

The granting of full, or d • jure, recognition by the Unite states was seen here as improving Israel's chances for admis sion to the United Nations. Some diplomatic, quarters be i Have also it may give t.n Israel-Egypt t.uce lal„s a boos 1 and ease Lae way lor permaneii 1 peace in the Holy Land. Study Conditions Under Red Rule ,(ANICING, Feb. 1 (UP) — • Cwi.ig President Li Tsung-Jeu .i.’.j named a new f.ve-man mls- . .1 o. Shanghai businessmen to lady conditions in Peiping under ..ununist rule, it was disclosed i today. At the same time a delegation ■ft eight Nanking professors left .or . ciping in a chartered piano i to lay their proposed “people: [ peace plan" before Communis'. . leaders. The new mission will leave for ! Peiping us soon as permission to j enter is granted. The mission is headed by Dr. W. W. Yen, former Ambassador to the United States. A prominent member of the mission denied that the group has been authorized to conclude a separate peace with the Communists for the Shanghai area He said the group has "absolutely no powers to make a decision.” Instructions to the group are to visit Peiping and report to acting President Li on the situation under Communist occupation. Reports from Peiping said an estimated 15.000 Communist i.roops marched into the ancient .vlanchu capital yestei day to tak > ver from Nationalist troops. The Coni :,unists established quarters in the old legation area. The Communists were armed to the teeth with American rifles, bazookas and machineguns, apparently captured from Ihe Nationalists. The'' -ode e American trucks and jeeps. Peiping in general received the conquerers with calm curiosity. The only demionstrations put on were by students and workers.

[through the house, wherever water must be hot and plentiful to you with your daily duties . . . you can depend on GAS. You depend on GAS to heat water faster, replace it quicker . . . ^|this at less cost. ^ED —GAS Water Heaters heat water many times faster than any other method. (ONOMY—GAS Water Heaters do the job at almost one-fourth •he cost of other methods. Have your Dealer, Plumber or Favorite Store install an Automatic Gas Water Heater in your home today.

■\\>? // FOR NOT WATER MAGIC ^ it/ DIANA GAS & WATER COMPANY, INC. HOWARD SCHLATTER, Manager Greencastle, Phone 80

INTERLS I'l.Mi MEETING astically velcome any progress toward a solid base for the future. The deep concern is that the return to a peacetime economy shall not be strewn with the financial wreckage such as was the case 25 years ago. Agricultural Trends yvs What will happen to our farms tc norrow often depends upon economic developments that start long distances away from the farms, in population, industrial and financial centers. Why ? are all these financial leaders and other thinking men so deeply concerned when all appears to be prosperity and we are traveling the "Fairy Highway.” Our deep concern has been borne out in the price declines of farm products and the other developments of the past six months. How much further will price declines for farm products go’’ We don’t know but we do know that it is tine tc keep prepared to withstand the economic rcprecussions that travel in the wake of those major wars. Congress, about a year ago. asked the economists in Washington to tell them what Is ahead for agriculture. Their findings leceivcd wide publicity. In belie! ‘hey said.— “ we believe the prospects foi American agriculture over the i-xt quarter century are relatively good. " farmers can look forward to better incomes than they had during the interwar period.” President Truman’s ecenorhic report to Congress and the Nation delivered early this month seemed reassuring but indicated a delicately balanced economy 'aning downward. This year, 1949, may well go own in history as one of the major readjustment years following World War II. The adjustment pciiod will become core and more hazardous until more of the after-effects of the war have worn off. The Baby Boom continues. In 1947 a new record high was set in the number of babies born in this country and 1948 may not be far behind Record lows for deaths have also been set about 10 per 1000 population. People live longer now. The life expectancy in 1900 in Jha U. S. was 47 years, 40 years later it was 63, and now it is over 65. Our farmers must feed more people.

A PORTION OF CROWD WHICH ATTENDED PROFIT FROM PASTURE MEETING

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These Putnam County people were deeplj interested in the annual meeting sponsored bv the c'tiiL‘sl National Bank and the Putnam County Soil Conseivation District meeting held Monday.

You are here to consider Profits from Pasture." That .leans livestock. Specifically • hat is the outlook for prices of ivestock as we move into this ritieal post-war year of 1949. Hogs are one of the big oplartunities in farming today. . here probably has never been t more profitable corn-hog ratio ban during the early winter, .arge profits will continue into lext fall Numbers, however, will be inning up fast during the next J days and when the spring pig rop comes to market next Winer there will be plenty of pork. However, hogs continuously nake money for capable tarm•rs. They are efficient converters •f grain into meat They need to ie an important enter prise "n nost farms in and near the Corn Jelt. You need not grow corn to rake profits with hogs. If you mve lush pastures planned for 11 year and are efficient with a g# they will pay year after year. Consider the stratagic location >f this Greencastle area. You •re adjoining the most producrive corn area of the World. The terminal market of L." dnapol e w,thin 50 miles. To the mvth ind east of you are the great population centers of the United .States. You get more for your logs than producers farther .vest Hogs should have a much argrr place in your farm business. Yes the price will be sharply down by next December, but den t sell your hogs on the low markets of the year. Time your breeding and feeding to sell when pork is high in the late sum ner and again in March and April. Beef cattle herds have been jut too far due to high prices. There are not enough cattle to is ■ ranges efficiently. One-half nillion Mexican cattle per year lave now shut out for two years tie to the Foot and Mouth 'disease quarantine. Canadian •little coming in since the lifting f restrictions is replacing par* t this loss. However, more attle are being slaughtered than iv being rauised. Cattle feeding will carry high isk on the declining market that -• ahead. Those who are not exicrienced and strongly financed hould engage in feeding of purhased cattle with extreme can.ion. Dairying is in a cumparative- , solid position and should coninue profitable. The enterprise vitlistands price declines and de.iiMSions better than most famiig. Following World War 1 .'hen grain nd livestock prices sopped as much as 50 the ives of daisy products did not i dovsn nearly fo far or as

•at.

. .drying is the most profitable •ay to use t.V pasture and hay Is of this area for the future I i.i especially recommended for •vv tarmers and those who have mbts Do not hesitate to go i ngiy into dairying. To the northwest of you are he vast feed grain resources >f ill.' nation. To the north and ast are the millions of people ir ihe industrial areas that need the nilk. Recall please what I said earlier about the japid population Increases, the Baby Boom and more old people. A huge demand for milk will continue. Dairying is safe and profitable for family farms for the future. With modern low cost barns and up-to-date methods, much of the hard work can be taken out

•1 hour a day factory that car ,e milked by assembly line nethods. We unquallfiedy recomnend dairying foi "Profits from PacOures.” Sheep numbers cotumue to .line, especially on the ranges ,n the West. This down trend that has left us with less sheep than for over 80 years, is one of the most striking developments that has ever occured in the livestock industry. Land Prices are near or passag the peak according to the authorities. It is time to go slow m land purchases. The rate of advance of land ■r.ces has slowed dqwn fully one i ill. Even more significant in inlicating a leveling off is the lucll smaller number of land i ales that is taking place in the United States as a whole. li your farm business needs o be expanded, intensify yom .perations on the land you have. 3uild up the soil fertility to a ligh level. You can do a big business with dairy, poultry and •ogs on a co nparatively small acreage. Your agricultural economists at Purdue University nave shown by studies that renting land gives a much higher return <>n the capital of the op erator than on the investment.-

in land.

Farm machinery is being produced in much larger amounts. Manufacturing is being further

itepped up. Some items are now unning ahead of sales. It is time i adj ist machines to the need •r the farm for the longer linn ull. Custom work will inceeasc. daily specialty jobs and much n avy plowing, disking and hay jailing can in the future be hired .one on small farms fore cheaply ban by maintaining a full line ol quipment. Fertilizer prices are cheap onvpared with the crops and gesture they will produce. Fordizers aiv one of the very besi juys. They help reduce costs pe xishel aand per ton. Spend free v f ir fertilizer up to the limi'. that County Agent Hami ccomnicnds. This year capable farm managers are racing against linn vith their livestock and poultry t is a race io get as much sold s p jssible ahead of the large in•reases that will later i nthe yeai epress prices still further. Early pigs will make high lolit. if never let go hungry s' .hey can sell when pork is scarce .ext July and August befon -he 10 per cent larger spring pig crop starts to market next fall. Early br iilers are expected tc be profitable. We have been advising buying straight run chick: where farmers are equipped tc handle both broilers and pu! lets. The early turkeys may bring the highest prices.

The pullets that start laying arlj will produce the eggs that will make the most profits. The early lambs that are creep fed and sold by June will make the highest returns. Cattle that are ready for market earlier than usual will undoubtedly be the most profitable again this year. This race to reach the markets tirst will bo largely won by the capable managers who have been preparing while this situation was developing. Yes! 1949 .vill bring more problems to the inefficient farmers and those who are not following practical programs well adapted to their farms. But as 1 have indicated, 1949 has its opportunities for callable managers who are watching economic developments and the changing supplies of farm products. Capable farmers need not fear the future. These readjustments and the return to a more solid bsse is not to be feared or deplored. In fact, these changes should be welcomed. For enduring prosperity We must have a healthy economy. Efficient farmers and the owui rs of well managed, economical farms will continue to make \ Tht others will be either ! forced out or will survive as wards of government support I programs.

4287 times per car!

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Having passed all its rigid factory inspections, this great new Packard awaits yours. Come see it! Packard engineers designed it and experienced Packard craftsmen built it to be the greatest value in Packard's 49 years ol fine car history. And then the inspectors combed it over with -1,287 precision inspet tions—t) b. sure there'd be nothing but praise v. i -v.-oplc deduce, to "Ask t ie man \\ > owns one.”

Volue News — Right from the Start!

You tan buy this 19(9 Packard l ight, I so-HP Club Sedan for

2274

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Eights .ire at an all-time low. Come in soon and make Inspection Number 4,288 for yourself!

lickiH'd

ASK tht MAN WHO OWNS ONE

SCOTT’S FRANKLIN STREET GARAGE Vine and Franklin Streets. Greencastle, Indiana

of dairying. I'he dairy cow ia a