The Key West Citizen Newspaper, October 28, 1950, Page 2

PAGE TW! MSMEDPR OF THE ASSOCIATED PRESS Associated Pr ie exclusively entitie&:to Freproductica all Bews dispatches credited -ADVERTISIXG BATES ade Knows on Application t 2 SPECIAL NOTICE Aly reading, botices. eatde of thatka resolutions ituary- notices, -poema, ete. will J Stetue rate of 16 conte & HDs * entertainment. of pu aud subjects of local or interest, but it wi!) net publish ancmymout ~mmunications. ng HiONAL EDITORIAL | “PRC VEMENTS OH KEY Wrst ADVOCATED BY THE CITtizEn 1. ‘Mote Hotels and Apartments. % Beseh snd Bathing Pavilien. 4... Comaclidation of County and City Governments. @° Semmunity Auditorium. MONOGRAPH Dear Reade’ The avi back areas A. a i THE ORACLE : st of the U. S; 2 & THREE-DOLLAR BILL Mt has long between private 2 estethat the cost o seriovély considered | fig a location,” “Bvidence that int of argument c power inter- is a factor y in choos- w ¥ork Times. seem to offset that 6 census fig- Valley states a_and Mis- eved in whole or in asee Valiey Authotity, Hlation increase of but 6.1 per decade. In the fotir states VA, and which are not ederal power agency, the ase was 13.6 per cént.” is that'the cost of electricity | part of the total-cost off most industries. It is far over- by such expenses as wages, sup~ faxes. And, in the case of the and the farmer, the electric vely insignificant item in the t, the idea that pablic power n-private power is 100 per tding to a National City he well-advertised cheap- © power fates is a myth from Ftandpoint. The taxpayen. -at led upon to shoulder the taxes: agencies “escape | pab.t0 Provide cheap or free capital fe The Hoover. Commission. said, , this analysis: shews that the between the public powér bills privately owned power ly equal to the compon gumeiit that socialized pe is as phony as_a thréecdollar | that | with the dangers from without. ne TO THE LAST DIME le this country is to-atoid a poten- tially disastrous inflation, our huge rearMa- ment program must be financed, @s nearly as possible, on a pay That, imturn, involves t First, there must be high taxes—and we with the fv come tax increases that began October 4. Second, there-must be drastic cits in all government © spending which is unrelated to. defense; Nothing at all has béen done in that direction. Indeed, some of the top men in government seem determitied to in- crease it. Their idea with spending as usual—a emergency militar | ta | being cheat- d ui- ple will not a policy which perm sary spending in every ong consent conceivable Let the government their own advice The. fact is t 3 could in itself destroy any hope for nation- al ‘security. And the best friend inflation reckless spending by the government | —with the ever-increasing deficits that re- suf. We could so weaken ourselves within | we would lack the strength to deal | Federal spending as usual must end. | ER ise A Se ute ; ; “ The BIG LIE of the Communists cap- | not stand against God’s TRUTH. Help spread that TRUTH to all mankind. Sign | the Freedom Scroll today. MEAT IN THE FUTURE | Under normal competitive conditions, prices perform two important “regulatory” functions. First, they act as a distribiifor, by causing products toflow to the areas and individuals where? most act demand exists. Seco t duction in thé futur, Take meat as a how, In, 2 free market, the sypply-demand . ‘situa. |. AN ALLIED SPEARHEAD composed of South Korean patrols teached Hed Chima’s Manchurian border Thursday in the vicinity of Chosen. ‘near’ the Yalu River boundary. - Other units of the South ee oheas Division reported 1 gs ts at -Onjorig | % |Navy’s Minesweeping “Frogmen” In Action tion controls prices. At the time the Korean | , . war broke out, there, was.a Seasonal drop in meat: supplies. The war caused a wave of panicky buying. As a consequence, prices rose sharply. Then, as the supply situation improved and scare buying subsided, meat prices ceased their advance ahd in a num- ber of cases declined considerably. ob The meat situation now is excellent. Cattle numbers on farmis and raviches in this country increased by about 2,000,000 heads last year and are expected to show the same amount of inctease this year. The government predicts that the 1950 pig ¢rop will be the largest for any peacetime year on record. Informed sources say that the present and prospettive meat supply is sufficient to meet the foreseeable needs of both the expanding armed forces and the ci pulation. When the armed forces reach a total of 3,800,000 men, as is now planned, they: will take only four per cent of next-year’s expected meat supply. _In other words, there will bex plenty will move at prices established by th hatsoeyer for rationing or artificial controls. Such controls, in would produce far worse problems those they were- designed to solve. If you ate smart-you sense the that you are often reading a blurb in. sisi news and in