The Cedarville Herald, Volume 76, Number 22

Uur Page O f anion • • Salute To Competition A businessman has a plaque on a wall above his desk which reads as follows: “My competitors do more for me thrfn my friends do; my friends are too polite to point out my weakneses, but my com­ petitors go to great expense to advertise them. “ My competitors are efficient, dili­ gent and attentive; they make me search for ways to improve my products and services. “My competitors would take my busi­ ness away from me, if they could; this keeps me alert to hold what I have. “ If I had no competitors I would be lazy, incompetent, inattentive; I need the discipline they enforce upon me. “ I salute my competitors; they have been good to me./ God Bless them a ll!" Business competition takes m a n y forms. Sometimes it is in price. Other times it is in the quality of service. Other times still it is in some innovation which people find interesting and attractive. Whatever the form, competition—which exisits in its true state only in a free economy — is the greatest force for pro-- gress that exists. Happy Combination From the health standpoint, meat is a first class buy. The average American, according to a Department of Agriculture study, speeds 24 per cent of his food budget for meat. The meat he gets in return for this ex­ penditure supplies 63 per cent of the ne­ cessary protein, 47 per cent of the ne­ cessary food iron, 28 per cent of the ne­ cessary phosphorous,'42 Per cent of the necessary vitamin B-I, 24 per cent of the necessary vitamin B-2, 79 per cent of the necessary niacin end substantial amounts Of other B vitamins* The importance of substantial ineat consumption to mental and physical vigor has been proved beyond question in recent years. Much was learned dur­ ing World War II, when it was found that the strength and endurance .of American fighting men resulted in large part from the high meat content in the diet adopted by the services. And medi­ cal studies and experiments have shown >that meat is of direct and lasting bene­ fit to people suffering from a long list o f illnesses -—* including some that, in past days, were believed to require a diet containing little or no meat. Almost everyone. Likes meat - - and meat is good for almost Everyone. That makes a happy combination of circum­ stances. TH E A M E R I C A N W A X $ 1 AMt fOWOWlNS YOU-OC AWYOU fouowihd Ate-? ’ UM m tiiW &*• v 1 U£6t i i i V \ J G * f T o g e t h e r , B o y s ! Behind The Scenes in American Business . . . By Reynolds Knight Ever since World War II ended, annual battles over wage rates have been based on the contention that wages weren’t keeping up with prices. This year wages have stayed up and prices have receded. Even so, this does not mean that wage demands have been silenced. United Steelworkers demand a substantial raise,, amount not* specified. Benjamin Ealrless* of U. S. Steel says there’s nothing doing. United Auto Workers .Insist that theirMtgig contract with General Motors *eajtcred ^brovide th^t-thq.cgstec^qijting escalator which carried •^Jf«s ufersh^li%Cdi|cbni>ectdd'IJt!fofct it 'takes them .................. STEEL NEGOTIATIONS Will probably decide'the outcome once more. This is because steel is vital to ail industry* When steel costs —and Steel prices—rise, other price rises become inevitable, The steel users simply tack on a little more and with it pacify their working forces. No other industry is in a similar key position. If the Fairlcss Stand is unyleiding—and not a prelude, as some expect, to a 5-cent boost in hourly pay—we have probably seen the last general pay raise for a while. But not, possibly, the last big steel strike. FIGHTING PLASTICS—A trend toward greater use of plastics in America’s combat airplanes is reflected in Republic Aviation Corp’s, new F-81F Thunderstreak, now being produced In volume at the company’s main plant In Farmingdale, N. Y, More than 1500 plastic parts—valued at close to $7000—go into the sweptwing fighter-bomber, in contrast to a figure of approxi­ mately $0500 for models !h Republic’s Thunderjet series, in addition to being lighter and stronger, plastic parts cost about a third as much as do mental ones to do the same job, Resultant Lost In The Shuffle Writing in thu Oregon Voter on that eternal problem, taxation, Ralph T. Moore said, "The idea of taking .from each in accord with ability to pay . . . . was irresistible in the days when we had * the rich to thx, But it*is loeing its glam­ our in these days when the poor man finds that he is the fellow with the pre­ sumed ability to pay, Somehow the ability part has been lost in the shuffle. Only the pay part remains," The lowest federal income lax is 22,2 per cent and it applies only to taxable incomes^ under ?2,000, in other words, those with extremely m o d e s t means must, pay out almost a quarter of their taxable earnings to the U. S. Treasury — and the rate rises very swiftly there­ after. All other taxes must be piled on top of this levy. The great mases o f the people have the most to gain from econ­ omy in government, _ ’ "The plain fact is that good govern­ ment comes from good men." — The Wall Street Journal THE GREENE COUNTY PRINTING CO. Jamestown Journal. — 4-9031 Codarville Herald — 6-1711 Yellow Springs American — 7-7740 GERALD H, COY ............ . . . . . . . . Publisher SuliftvrlpOnn rates $2.50 per year In Oreesie, Clark, MontKomerr, Fayette and Clinton Coun­ ties! elsewhere $3.50 per year, Advertising rates npan request. * savings, say Republic officials, will amount to millions yearly. THINGS TO GOME—A Maryland company has devised a water cut-off to fit between the business end of the hose and the water sprinkler, so you needn’t walk back to the faucet to shut it off , , . Nylon bearings replace steel balls in a new line of hinges. No rust, no squeak, no oiling » , , Plastic of the polystyrene family makes a new guitar. First one cost $350,000, yielded know-how sufficient to ^ make later ones for $30 , , * Awkward servers of drinks will welcome a tray with eight cork-lined wells for the glasses , , « Now there’s a handbag with a light like a refrigerator. Goes on when you open the bag so you can see what’s inside, VITAL TO OUTPUT—A half-century of development has seen Instalment buying become the essential mass financing underpin­ ning of American mass production. Economists and business leaders Winch Instalment loan totals ns a barometer of financial well-being, Credit Is healthy today, Arthur O, Dietz, president of C, I, T« Financial Corporation told stockholders at tho recent annual meet­ ing, Despite the postwar boom, all consumer Credit outstanding jft January, 1041. Mr, Dietz said: "The majority of economists as well as many government of­ ficials agree that the volume of instalment credit is not exCcSSWe/’ On consumer credit in general he observed: "If markets were restricted to customers who could pay cash for goods the economics of mass production would largely disap­ pear * , , Prices of automobiles, refrigerators, kitchen ranges and the like would be out of reach of most American families/' MUSICAL CHAIRS—A NeW York management firm found American companies since the war adding executives 48 per cent faster and losing them 29 per cent faster than they did in 1938-42, in a check of 100 companies in 14tindustries, Reasons for leaving: First, to take bigger job. Second, td haV* bigger future, Third, to make more money, Fourth, fighting With old boss. One-sixth of the job leavers were simply laid off, The difference between those added and those departing la accounted for by industrial expansion and retirements and deaths. There still seems a lot of room for an agile job-seeker to find a seat in the shuffle. > BITS O’ BUSINESS—Auto production fell 5 percent from the week Of April 20 to that of April 27, but was still 62 per cent above the year-ago week , , , First-quarter profits of 27 major industries were 10 per cent ahead of last year’s . . . Lenders said they would find .more mortgage mojvey now VA home loans yield 06 per cent , . . The Rational Bureau of Economic Research reports the rich have been getting pdorcr and tho poor richer every year since 3939, Uius spoiling a fine old gag. Who gets the children, now? » • # Good Citizens Isi the highly competetive retail f ield it is a time-tried axiom that business goes where it is invited and stays where it is well treated, As part of their constant program of giving better service to customers many, retailers, both chain and independent, are working with towns and citjes; in which they are located to help iron out the problems that harass legions of communities today. Anybody who has ever tried to park a car on a busy down­ town street can certainly appreciate the magnitude of the job to be done. This is just one more way in which the local retailer, serving his own best interest, is a god citixen of the com­ munity. By helping his home town he helps himself. Keep After Reds Criticism of the Un-American Activities Com­ mittee sounds hollow when set against the re­ cent statement of FBI Director J. Edgar HooVer. He said the Reds are busy in every field of American activity, and that they are working more intensively than ever. Unless we wish to brush o ff the alarms of one of the head men, we had better be oh our guard. This doesn’t mean we, should call everybody who disagrees with us a Communist. It does moan we can’t afford to let critics stop such investigations, unless the critics offer a ‘ better method of ex­ posing subversives. After Mr. Hoover’s warning we can see that an entire organization should not be condemned if evidences of Red influence are found In Its background. With few exceptions, such evidence Is- to be discovered in all our groups. Churches, schools, clubs, social, political, and educational organizations have been infiltrated, and are still in danger. During the 30’s many intellectual Americans were beguiled into becoming fellow travelers with Communists, Fabian Socialism was also trans­ planted here from England and thousands of our young people flocked to its banners. It is to our everlasting shame that so many were ready to desert our principles at the first hint of financial trouble. With magnificent re~ sources at our command, and ah administration which moved quickly to improve conditions, thous­ ands Of men and women joined forces With A gang which Is but to destroy our Government. In many respects, It is a black page In Ameri­ can history - - - Mrs. Walter Ferguson in Serlpps- Howard Newspapers. On Their OwnDoorstep For the first time, weekly newspaper,*' have, won the Pultizer prize for "disinterested and marl- won the Pultizer prize for "disinterested and meritorious public service.’’ They are the While- viilie <N, C.) News Reporter ami the Tabor City (N. C.) Tribune, These papers were cited “for their hik ccss - ful campaign against the Kit KJux Rian, waged on their own doorstep at the risk of economic loss and personal danger, culminating irt the con­ viction of over 100 Klansmea and an end to terror­ ism in their communities.’’ We have often thought how easy it Is for the editor of a big city daily to sit back in his easy chair and prescribe nostrums for social ills in the hinterlands, and how difficult it must bo for the country editor to take positions which he knows Sit reason will subject him to financial, if not physical, reprisal. The small town editor deals not so much with Intellectual abstractions aS With his neighbors on a personal' basis. And so it seems to us that the editors of tho two Weeklies In North Carolina have performed Jrt the finest traditions of a free press and are fully deserving of the highest honor their Jour­ nalistic colleagues are capable of conferring, Wo salute them for doing ft good job "on their oWht doorstop," THit is always the best, hut nrtikm the easiest, place to t reform, * * * Toledo Iliad*