anaheim-bulletin 1959-04-07

Junior College Role Under Investigation By MICHAEL FALLON United Press International SACRAMENTO (UPI) — The role of the junior college has come up for appraisal before a legislative advisory commission investigating the California public school system. The commission ended its series of Sacramento hearings during the week end and lined up five public meetings elsewhere in the state to take further soundings on education. Two conflicting views about junior colleges were presented at the meeting here: —They do a valuable job with "late bloomers" — students who do not come into their own academically until after they have left high school. —They "waste a lot of money" because they get students who have not mastered primary grade-level English and arithmetic. The optimistic view was taken by Bill J. Priest, superintendent of the American River Junior College near here. Priest said University of California statistics indicated that junior college graduates had considerable success with their later university studies. Commissioner James W. Short, Turlock, held up a textbook which he said was assigned 300 students in a California junior college. On page 5 of the text, students were instructed that 30 plus 40 is 70. "When a student gets this far along and still doesn't know these figures, we're wasting a lot of money," Short said. "We're pulling everybody down." OPEN FOR BUSINESS CLOCK LIQUOR 1217 SOUTH EUCLID AVE. CLOCK LIQUOR 1217 SOUTH EUCLID AVE. South of Ball Road, Anaheim Phone KEystone 5-4985 • DELICATESSEN DOMESTICS – IMPORTS & "PEANUTS" The Golfer FREE DELIVERY Watch for the Clock on top of Neon Sign BALLMAN'S ALWAYS GIVES THE HIGHEST TRADE 100 MUST BE SOLD! 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BROADWAY (Opposite Post Office) PR 4-32 OUR MONEY'S WORTH Much Maligned United States Dollar has Longest Life Span of Currencies BY SYLVIA PORTER Where I to ask you to guess the "best" currencies in the world today, I'll wager your quick re-vision would be the British pound or French or Italian lira or Spanish peseta or the like. These would be logical guesses because are currencies of lands in existence for centuries. Nevertheless, your answer would be way off. For the outstanding "Methuselan," among the principal currencies of the world today is none other than our own, much maligned United States dollar with its life span of 25 years and two months. Matching its proud old age of more than a quarter-century are paper monies of four little exotic lands—the Guatemalan quetec, Haitian gourde, Honduran lemur, Panamanian balboa. Well down the list with a life span of nine and a half years is British pound. And third from low in age is the French franc only three months old. For as Franz Pick, the world-famous currency analyst, emphasizes a special study on how long currencies live, the life span of the money unit of a nation is measured by the time elapsed either since creation or since its last partial full legal devaluation. In the era since World War I, currency devaluations have followed currency devaluations with devastating frequency and force bankrupt or near-bankrupt na-tion in taking nearly everywhere of the dollar. Although no U.S. Congress has tampered with the gold content of the dollar since 1934, today's dollar buys less than half the goods and services the dollar of the '30s bought. Admittedly, if this debasement is considered, the destruction of people's assets by currency devaluations around the world is colossal, runs into trillions of dollars. Nevertheless, the fact is that only twice since we became a nation has our government officially changed the value of the dollar. The first was on Jan. 18, 1837, when the content of the dollar was reduced from 1.6038 grams of fine gold to 1.5046 grams. The second came almost 100 years later on Jan. 31, 1934, when the content was cut to 0.8886 grams of fine gold. Here it has remained. And the future? The odds are that outside the United States, devaluations will continue to reduce or wipe out the savings of great masses of people. "Currencies are created to die," says Pick. "People who save in cash or government bonds are the victims. The only ones who come out even are those who have nothing to lose in the first place or who save in forms other than paper currencies." But as far as the dollar is concerned, there is no change whatsoever of another devaluation in the foreseeable future. And this goes despite the fact that gold has been flowing out of our country. In view of the verbal beating our dollar in taking nearly everywhere of the dollar, although no U.S. Congress has tampered with the gold content of the dollar since 1934, today's dollar buys less than half the goods and services the dollar of the '30s bought. Admittedly, if this debasement is considered, the destruction of people's assets by currency devaluations around the world is colossal, runs into trillions of dollars. Nevertheless, the fact is that only twice since we became a nation has our government officially changed the value of the dollar. The first was on Jan. 18, 1837, when the content of the dollar was reduced from 1.6038 grams of fine gold to 1.5046 grams. The second came almost 100 years later on Jan. 31, 1934, when the content was cut to 0.8886 grams of fine gold. Here it has remained. And the future? The odds are that outside the United States, devaluations will continue to reduce or wipe out the savings of great masses of people. "Currencies are created to die," says Pick. "People who save in cash or government bonds are the victims. The only ones who come out even are those who have nothing to lose in the first place or who save in forms other than paper currencies." But as far as the dollar is concerned, there is no change whatsoever of another devaluation in the foreseeable future. And this goes despite the fact that gold has been flowing out of our country. In view of the verbal beating our dollar in taking nearly everywhere of the dollar, although no U.S. Congress has tampered with the gold content of the dollar since 1934, today's dollar buys less than half the goods and services the dollar of the '30s bought. Admittedly, if this debasement is considered, the destruction of people's assets by currency devaluations around the world is colossal, runs into trillions of dollars. Nevertheless, the fact is that only twice since we became a nation has our government officially changed the value of the dollar. The first was on Jan. 18, 1837, when the content of the dollar was reduced from 1.6038 grams of fine gold to 1.5046 grams. The second came almost 100 years later on Jan. 31, 1934, when the content was cut to 0.8886 grams of fine gold. Here it has remained. And the future? The odds are that outside the United States, devaluations will continue to reduce or wipe out the savings of great masses of people. "Currencies are created to die," says Pick. "People who save in cash or government bonds are the victims. The only ones who come out even are those who have nothing to lose in the first place or who save in forms other than paper currencies." But as far as the dollar is concerned, there is no change whatsoever of another devaluation in the foreseeable future. And this goes despite the fact that gold has been flowing out of our country. In view of the verbal beating our dollar in taking nearly everywhere of the dollar, although no U.S. Congress has tampered with the gold content of the dollar since 1934, today's dollar buys less than half the goods and services the dollar of the '30s bought. Admittedly, if this debasement is considered, the destruction of people's assets by currency devaluations around the world is colossal, runs into trillions of dollars. Nevertheless, the fact is that only twice since we became a nation has our government officially changed the value of the dollar. The first was on Jan. 18, 1837, when the content of the dollar was reduced from 1.6038 grams of fine gold to 1.5046 grams. The second came almost 100 years later on Jan. 31, 1934, when the content was cut to 0.8886 grams of fine gold. Here it has remained. And the future? The odds are that outside the United States, devaluations will continue to reduce or wipe out the savings of great masses of people. "Currencies are created to die," says Pick. "People who save in cash or government bonds are the victims. The only ones who come out even are those who have nothing to lose in the first place or who save in forms other than paper currencies." But as far as the dollar is concerned, there is no change whatsoever of another devaluation in the foreseeable future. And this goes despite the fact that gold has been flowing out of our country. In view of the verbal beating our dollar in taking nearly everywhere of the dollar, although no U.S. Congress has tampered with the gold content of the dollar since 1934, today's dollar buys less than half the goods and services the dollar of the '30s bought. Admittedly, if this debasement is considered, the destruction of people's assets by currency devaluations around the world is colossal, runs into trillions of dollars. Nevertheless, the fact is that only twice since we became a nation has our government officially changed the value of the dollar. The first was on Jan. 18, 1837, when the content of the dollar was reduced from 1.6038 grams of fine gold to 1.5046 grams. The second came almost 100 years later on Jan. 31, 1934, when the content was cut to 0.8886 grams of fine gold. Here it has remained. And the future? The odds are that outside the United States, devaluations will continue to reduce or wipe out the savings of great masses of people. "Currencies are created to die," says Pick. "People who save in cash or government bonds are the victims. The only ones who come out even are those who have nothing to lose in the first place or who save in forms other than paper currencies." But as far as the dollar is concerned, there is no change whatsoever of another devaluation in the foreseeable future. And this goes despite the fact that gold has been flowing out of our country. In view of the verbal beating our dollar in taking nearly everywhere of the dollar, although no U.S. Congress has tampered with the gold content of the dollar since 1934, today's dollar buys less than half the goods and services the dollar of the '30s bought. Admittedly, if this debasement is considered, the destruction of people's assets by currency devaluations around the world is colossal, runs into trillions of dollars. Nevertheless, the fact is that only twice since we became a nation has our government officially changed the value of the dollar. The first was on Jan. 18, 1837, when the content of the dollar was reduced from 1.6038 grams of fine gold to 1.5046 grams. The second came almost 100 years later on Jan. 31, 1934, when the content was cut to 0.8886 grams of fine gold. Here it has remained. And the future? The odds are that outside the United States, devaluations will continue to reduce or wipe outthe savingsof great massesofpeople."Currenciesarecreatedtodie,"saysPick.“Peoplewhosaveincashorgovernmentbondsarethevictims.Theonlyoneswhomecomeoutevenarethosewhomave nothingtoloseinthefirstplaceorwhosaveinformsfothermasthefundamentainaccuracies.Later,theCaliforniaSuper Courtexaminedthetranscripthaustivelyina44-dayhearingpassedthecaseontotheCaliforniaSupreme Court.” AUTHENTIC WINDMILL — Modeled after a windmill on his street in Holland,G.J.Van Laar shows little Gregg Luther (3)how it operates.Van Laar is an exhibitor in big 11th annual California Hobby Show at Shrine Exposition Hall April 10 - 19. CHESSMAN PLEA DENIED BY SUPREME COURT WASHINGTON (UPI) — The Supreme Court today rejected another appeal by convict-author Caryl Chessman, who has escaped death in California's gas chamber or some 10 years through numerous appeals. Today's action was in form of a brief order. AUTHENTIC WINDMILL — Modeled after a windmill on his street in Holland,G.J.Van Laar shows little Gregg Luther (3)how it operates.Van Laar is an exhibitor in big 11th annual California Hobby Show at Shrine Exposition Hall April 10 - 19. AUTHENTIC WINDMILL — Modeled after a windmill on his street in Holland,G.J.Van Laar shows little Gregg Luther (3)how it operates.Van Laar is an exhibitor in big 11th annual California Hobby Show at Shrine Exposition Hall April 10 - 19. ``` Only three months old. or as Franz Pick, the world-famous currency analyst, emphasizes a special study on how long currencies live, the life span of the money unit of a nation is measured the time elapsed either since creation or since its last partial legal devaluation. In the era since World War I, currency devaluations have followed currency devaluations with fluctuating frequency and force bankrupt or near-bankrupt nations have found. "The only way they can wipe out their debts is to reduce the value of their currencies." And Pick, added when he messed him on this, "When a government legally says you have only the money unit today for two years, it cuts its own debt the same proportion. Simultaneously, the income it gets from taxes and other sources remains changed, and thus it is able to handle its debts. If its debt is too overwhelming, it wipes out the currency altogether." Average Age The average age of 87 currencies judged by Pick is only seven and half years. A full 26 monetary units are "younger" than two years. All units of the ruble area have "lived" only a maximum of two years since their last full or partial devaluations. A startling total of 13 currencies aren't even a year old ranging from the Spanish peso (11 months) to the Israeli pound (under one month). Against this dim background, the dollar's record doesn't appear so readable. Admittedly, this analysis doesn't take into account the "real" devaluation of the purchasing power Whittier Man Sentenced For Local School Caper By Orange County News Service Despite a plea by his father that his son was holding the bag for others involved in the crime, a 25-year-old Whittier man has been sentenced to prison for burglary in the second degree. Passing sentence on Carlton Byron Bell, arrested for the burglary of Anaheim High School, was Superior Judge Robert Gardner. The Whittier man, while working for a laundry firm serving the Anaheim school and many other schools, is reported to have made off with a variety of merchandise and money lifted at the institutions. He made off with $40 from the Anaheim school. In addition, he is said to have pulled off burglaries at many other schools in the Los Angeles area. Both Bell and his father told the judge that someone else had been involved in the crime and had reportedly left the defendant to take the full blame. Bell had several prior offenses on his record, including burglary. He faces not less than one year and not more than 15 years in the state institution. 'Decisions for Christ' Swamp Graham Drive WELLINGTON, New Zealand (UPI)—So many persons wanted to record "decisions for Christ" at the end of evangelist Billy Graham's two-day Wessington crusade that counselors ran out of "convert cards," crusade officials said today. CHESSMAN PLEA DENIED BY SUPREME COURT WASHINGTON (UPI) — The Supreme Court today rejected another appeal, by convict-author Caryl Chessman, who has escaped death in California's gas chamber or some 10 years through numerous appeals. Today's action was in the form of a brief order. Chief Justice Earl Warren, a former governor of California, did not participate. The last time the U.S. Supreme Court considered Chessman's situation, the case was returned to new state court hearings on claim that the trial record contained inaccuracies. Later, the California Super Court examined the transcript haustively in a 44-day hearing passed the case on to the California Supreme Court. PLUMBING Dependable Repair STEVE KISH 147 No. Los Angeles Industrial Resident KE 5-4824 You SAVE comb your insurance and person neighborho AUTO LIFE MORE & MORE THEY'RE TRYING AND BUYING... People are going for The Lark in... 'Decisions for Christ' Swamp Graham Drive WELLINGTON, New Zealand (UPI)—So many persons wanted to record "decisions for Christ" at the end of evangelist Billy Graham's two-day Wessington crusade that counselors ran out of "convert cards," crusade officials said today. Converts were still being interviewed long after the bulk of the crowd of 16,000 persons had left the Rugby Athletic Park Sunday night. The total number of converts was "almost 1,500," officials said. It was a chilly night and many in the crowd took the precaution of bringing along blankets. Among guests on the stand-were several New Zealand Cabinet members and Archbishop Reginald Owen, Anglican primate of New Zealand. Special Discount On All Jewelry New is the Time to make your Selection a 4-Lay Aways. At Sedlocks Cash Deserves Big Discount For Better Service SEDLOCK JEWELERS 126 East Center St. Anaheim KE 5-7413 People are going for The Lark in a try. If you are a new Lark owner, thanks for yourself? Come in today. Here i models. It costs less to buy... less to open are low, low. The Lark is styled so tasteful. Come in and drive this popular beauty to 4-Door and 2-Door Sedan, Station Wagon, Hardtop. Choice of "6" or V-B. Discover what you'll save at FRANK STILVEN 831/851 N. Los Angeles LIVE BETTER Tuesday, April 7, 1950 Anaheim (Cal.) Bulletin—A-3 Marilyn Monroe Due To Appear at Festival PARIS (UPI) — Marilyn Monroe will be the biggest attraction at the International Cannes Film Festival this year — if husband Arthur Miller will let her come. The blonde actress has been reported coming to the Cannes festival in past years. But this time she actually has agreed to spend three days in Cannes during festival time from April 30-May 15. The film festival organizers went to New York to see Marilyn and said she willingly agreed. They said her playwright husband was much less enthusiastic, though. They refused to say if Miller was cool to the idea because his gorgeous wife might be mobbed again or if he simply took a dim view of film festivals in general. Fullerton Doctors Hit By Office Burglary FULLERTON (OCNS) — Burglar broke into two Fullerton doctors' offices Sunday night, taking $35 in cash, but overlooking supplies of narcotics. Police said the office of Dr. G. Sellon, 213 N. Pomona Ave., was entered via a window from which a screen had been torn. The culprit then pried open a door leading to the adjacent office of Dr. Wendell Reynolds. In both offices, papers from desks were scattered about. 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