anaheim-gazette 1951-05-07

Local Back-to-Farm Movement Has Its There are folks in Southern California—including the Anaheim area—who have the urge to "go back to the soil". But, not many of them are finding any soil available. Demand is fairly high, but the supply just isn't there. People who have groves and farms are reluctant to sell. Unless you have plenty of money, very good security, (or both), and are prepared to do a lot of land-hunting, you aren't too likely to start a big back-to-the-land movement right now. The limited availability of reasonably priced land is also causing some residential and industrial developers to look to the future with a wary, and anxious eye. Best bets on obtaining land are said to be "inherited" land offered by administrators of estates for the benefit of all the heirs. (This should be handled by a reputable broker of experience, incidentally.) Then there is the absentee owner who may want to sell. Folks actively engaged in production on their lands have a good thing—and see increased valuations as California grows and progresses; consequently, they are not too inclined to pull up stakes unless they have an exceedingly bright offer. Many of the prospective farmers are young people wanting to get "on their own" or are bigger operators interested in anything that looks good. But, most prospective buyers today want small acreage with a home. The actual price in some cases may not be the most important item in the transaction if the purchaser can't pay all cash. The big factor there is a sizable down payment. In many cases, however, the small man without financial backing is finding it hard to get money. SPEND $41,000,000 IN ITALY ROME UP—The average United States tourist who visited Italy in Holy Year, 1950, spent $336 here exclusive of travel costs from and back to America. The Italian office of American tourists announced that 122,000 Americans came to Italy during the year, and spent $41,000,000. They were part of the 300,000 United States tourists who visited Europe in 1950, spending $230,-000,000 or an average of $766 per person. from life's turbulent waters to a rainbow's end HILGENFELD MORTUARY 120 East Broadway - Anaheim, Calif. HOME OIL COMPANY R. J. GRANGE Benefits of Advertising BY JOHNNY WALLS (Published in Anaheim Gazette, March 28, 1895.) Just listen to me, merchants, I will tell you something fine; I'm sure it will amuse you, you will find it in your line. In the direction of your business, did you ever stop to think? Of the manifold advantages of using printer's ink? Place on paper your intentions of what you have to sell; State the prices of your products, and that you will treat them well, Then throw in some little locals in the Anaheim Gazette. And procure an extra salesman, you will need one you can bet. When you've made an ample fortune and retire from active life, And live serenely happy with your children and your wife, The neighbors will not question why you are not working yet: You can say your fortune centered from "A column of Gazette." PINT-SIZED SAFETY COURSE EDMONTON (A)—The traffic safety program here includes a "traffic kindergarten." A miniature street intersection complete with traffic lights, designed to give youngsters practical instruction in the proper methods of crossing busy streets. HOME OIL COMPANY R. J. GRANGE Serving the increasing Anaheim Since... 1922 Distributors for:- • TIDE WATER ASSOCIATED OIL COMPANY • FEDERAL TIRES • AERO BATTERIES • AUTO ACCESORIES • AVON SPRAY OILS • VEGETABLE DUSTS • INSECTICIDES Main Offices in Anaheim at... 1422 W. Broadway Phone 2126 FLYING SERVICE If Our Economy Is to Survive We Must Continually Chart the Future NEW YORK (P) — Men who make business decisions are increasingly sensitive to forecasts of trends. This is true whether the predictions concern individual shifts in trade patterns, politics, or general economic principles. Perhaps they arouse special interest now when the world is in conflict and many people see only an uncertain future. Our readiness to look ahead, however, is both a denial that there is anything static in our economy and an implication that we are confident of meeting whatever the coming months or years have in store. How well we prepare for future events may depend on the accuracy of those who interpret and predict economic trends. Their forecasts include short-term and long-term views. Both are in the news today. For the longer look, there is Sumner H. Slicchter, the Harvard Economist, with a new book, "What's Ahead for American Business?" He sees the future American system of enterprise as a "more stable, more competitive, mixed economy." The shorter term is covered in a report for the Twentieth Century Fund charting a course its economists believe can achieve "defense without inflation." Both imply a major need of the future will be the exercise of restraint by special interests in their claims on the economy. They warn that "inflation cannot be stopped if the pull and haul among groups leads into a political logrolling operation where government helps each group enlarge its money income to match increases secured by others." Slicchter in his book says that in the long run prices must adjust themselves to labor costs. And he predicts the country, after a decade of rising prices, may have to choose "between subjecting collective bargaining to fairly drastic control and accepting a dollar that does not command confidence because it is expected to fall in value." Slicchter offers no blueprint for Borrowing May Be Way to Aid Business Plans By WESLEY DAVIS, PH.D. (University of Houston) (Written for AP Newsfeatures) Benefits of Advertising JOHNNY WALLS ed in Anaheim Gazette, 1895.) Borrowing May Be Way to Aid Business Plans By WESLEY DAVIS, PH.D. (University of Houston) (Written for AP Newsfeatures) Good management of your money does not require that you always buy with cash from your savings. It is often very sensible to buy on credit, or to borrow money to make the purchase, and then enjoy the use of your purchase while you save to pay for it. Borrowing money to spend is really an alternate way of buying goods on credit or for a business. But whether you go into debt to a lender of money or to a seller of goods, the rule for personal safety is: Never incur a debt unless you can see your way clear to pay it. Within the limits of that rule, when is it wise to borrow money? You are doing as many others do if you borrow money to meet some large unusual expense. You may wisely borrow at time to pay the cost of illness or accident, or to buy a car or a home or furniture, or to repair or improve a home. Too often, I am sorry to say, the borrower of money is viewed as an unwise, unsound manager in trouble. Perhaps in many instances the borrower of money has been foolish or unfortunate. But borrowing money is not always a sign of financial distress or weakness. At times it can be evidence of financial strength and foresight. Too bad more lenders of money do not remember this. Compare Interest and Discount For example, you should borrow money if the interest charges are less than a cash discount on a purchase you are about to make. Also you should borrow money if the loan will cost you less than the carrying charges you would have to pay if you bought the merchandise on the installment plan. If you will borrow money, where should you borrow it? From a friend? Possibly, but Shakespeare has counseled that a If you will borrow money, where should you borrow it? From a friend? Possibly, but Shakespeare has counseled that a "loan oft loses both itself and friend." I would advise against such borrowing, then, except I remember a winter years ago when I borrowed each month from a fellow who is still very much my friend. Three days before payday, regularly, Ed would let me have the "five" that I had repaid the month before. This went on all winter. I won't be forgetting Ed's kindness, but usually—I repeat—it is not wise to borrow from a friend. Another source of a loan is the loan shark. Better stay away from him. His interest charges run as high as 1200 per cent. If you borrow money, make repayments, and then discover you still owe more than you borrowed, better talk with the district attorney. The Better Business Bureau of your community will also be interested. Employee Credit Pools Salaried people and wage-earners will often find that their fellow workers have organized a credit union. Interest rates will be quite low. The conditions of borrowing will be generally favorable. The employee's credit union is highly recommended as a source for a loan. One disadvantage is a possible lack of privacy, but this doesn't always hold true. Assurance of complete privacy Survive We the Future warn that "inflation be stopped if the pull among groups leads political logrolling operation government helps group enlarge its money in to match increases sey others." In his book says that long run prices must adjust to labor costs. And he the country, after a deprising prices, may have see "between subjecting the bargaining to fairly control and accepting a that does not command con- because it is expected to value." offers no blueprint for the structure of the future economy which he thinks will be a mixture of direction by the government and by special-interest groups and of individual pursuit of self-interest. Some of his predictions are: "During the foreseeable future, intervention by the government (in economic affairs) is quite certain to grow." But he sees no signs of socialism or planned economy. "Unions will not sponsor an independent labor party nor be able to take over either the Democratic or Republican." The pressure of organized groups will finally reach their limit. Silchter says; the influence of free employees will grow, and businessmen will have more influence than they possessed in 1950. JACK KNIFE FARMING BRATTLEBORO, VI. (EP) — Growing up around Albert E. Halladay, 85, is the farm—in miniature—he knew as a boy. Halladay farmed until he was 55, sold real estate until he was past 80, then took up wood carving. With jack knife and hack-saw he carves out in authentic detail the equipment which farmers have used: The maple sap tub with its little spigot and two wooden buckets alongside, all mounted on a slod pulled by two steers yoked together; A model of a long-disused milk wagon; A little dump-wagon that preceded the modern manure-spreader; grindstone, wheelbarrow, pitchfork, bucksaw, shovels, rakes, a buggy. ELECTRIC MOTOR REPAIRING ● COMPLETE MOTOR REBUILDING ● REWINDING ● REPAIRING ● MAINTENANCE SERVICE QUICK, SATISFACTORY SERVICE REPAIRING COMPLETE MOTOR REBUILDING REWINDING REPAIRING MAINTENANCE SERVICE QUICK, SATISFACTORY SERVICE COMMUNITY ELECTRIC MOTORS 1029 North Sabina St., Anaheim Bus. Ph. 7598 Res. Ph. 2475 MON! The Thrifty One... for '51 IS for '51 IS McSTUDEBAKER in Anaheim at VITT FORD Cars — STUDEBAKER — Trucks Street Phone Anaheim 2284