Entered as Second Class Matter 15, 1927, at the Post Office at Omaha, Nebraska, under the Act of Congress ot March 3 1879. _ C. C. Galloway — — — — President Mrs. Flurna Cooper — — — Vice-President C. C. Galloway - — — — Acting Editor V. V. Merrill — — — Secretary and Treasurer SUBSCRIPTION RATE IN OMAHA One Year ------ $4.00 Six Months — — — — ^ Three Months — — — __£ SUBSCRIPTION RATE OUT OF TOWN One Year — — — vVnn Six Months — — — 9 Thre^^ All News Copy of Churches and all Organizations must be in our office not later than 4:00 p.m. Monday for current issue. All Advertising Copy or Paid Articles not later than Wednesday noon, preceeding the issue^tojnsure^publication. National Advertising Representative: _ INTERSTATE UNITED NEWSPAPERS, INC. 545 Fifth Avenue, New York City, Phone MUrray Hill 2-5452. RAY, PECK, Manager. ECONOMIC HIGHLIGHTS Happenings That Affect the Dinner Paib, Dividend Checks and Tax Bills of Every Individual National and Inter national Problems Inseparable from Local \\ elfare. Late in June, the Federal Reserve Board released its third annual Survey of Concumer Finances. This study, which is prepared by a University of Michigan research center, is designed to find out what typical families want to buy, how their finances shape up, what they think of the economic future, etc. It is based on interviews with several thousand “spending units”—a spending unit being defined as a graup of people living under one roof whose incomes are pooled. According to a Business Week breakdown of the survey, “if consumers make good their intentions, 1948 is going to be even bigger than 1947 in purchases of houses, automobiles,i and other durable goods. Two years of postwar production have made no dent you can see in the backlog of demand. For example—the waiting market for automobiles is in the 8 billion dollars barcket; housing expenditures may run as high as 19 billion dollars; consumers who want furniture, washing machines and other durable goods apparently are ready to spend between 3 billion and 4 billion dollars before the dawn of 1949. Some obvious qualifications must enter into consideration of these findings. The interviews were taken during the first two months of the year, and in the time that has ensued there may have been changes in thedesires and te financial positions of many potential buyers. Of peraps greater moment, even if ' consumers are still able and willing to buy they anticipated months ago, all of the goods will not be available. The market for automobiles, for instance, may approach four and half million units. The industry can’t produce that many this ■ year, and some of its top men think it may be late 1950 before it will be possible to walk into a showroom and pick a car of one’s choice off the floor. Also, it does not look as if new housing construction will be able to come anywhere near meeting the demand for a considerable time to come. The other durable goods—radios, appliances, etc.—are in good sup ply, though it is not always possible to immediately find some particular make and model. In any event, buying is naturally conditioned on pur-* chasing power. Here the situation remains bright. The survey found that two-thirds of the spending units still had a liquid backlog—though it was not so large as in 1947. And there'kas been a noticeable increase in installment purchasing. One of the most interesting phases of the survey was concumer opinion of what lies ahead, both for themselves and for the nation as a whole. Twenty-seven per cent expect that their income, will be larger a year hence, 38 percent anticipate no particular change, and only 10 per cent look for a drop, with the balance uncertain. This is a somewhat more optimis tic outlook than was found in similar surveys sponsored by the Federal Reserve Board in 1947 and 1946. On the subject of the general outlook, 47 per cent forsee good times, 19 per cent little or no change, and 26 per cent are afraid that bad times are coming. Thist ooo represents a brighter point of view than in the preceding surveys. The survey takes into account spending units at all the principal levels. As is to be expected, the reactions varied; greatly between lower level and upper level income groups. As compared with the previous year, the over $5,000 units showed a heavy increase in projected purchasing. In the under $2,000 groups, on the other hand, there was a very heavy decline. This is the inevitable result of the continued rise in prices. All in all, hoever, the survey supports the widely held opinion that the period of high purchasing power wit near peak employment is here to stay for a while. When people Avith money are unable to buy new cars, they will buy used ones. If they find new housing scarce or too expensive, they will bolster the old-home market. And many of them say they are prepared to pay still higher prices than obtained now. This and all comparable surveys are necessarily based on a short-term outlook. No one is willing to stick his neck out on what may happen over a period o f some years.There has been a steady decline in family savings, most marked in the middle and low income groups. Even so, the country’s savings backlog is extremely high, so the drop hasn’t occasioned too much worry as yet. WHAT THE OIL INDUSTRY HAS DONE Is the oil industry, which served us so magnificently dur ing the war and is performing an equally tough job now, an ogre that should be destroyed? The readers of a recent book written by a group of university professors may think it is. There teachers advocate a policy of breaking up and reorgan-* izing the industry, the ultimate result of which could only be nationalization. In the light of that, it might be a good idea to briefly examine the industry’s record. First of all, how has it treated the consumer? Since 192G, according to government figures, the average wholesale price of all commodities has risen more than G2 per cent; the price of oil products has risen 12 per cent. By contrast, the gasoline tax has jumped some 1400 per cent since 1920. How has oil dealt with labor? The figures show that its workers are very well paid, and that working conditions have been exellent. No large industry has been more free from strikes and labor-managent disputes. Is oil a monopoly? Thousands of companies are doing busi.ies. New ones are appearing all the time. The consumer has a choice of hundreds of advertised brand names, every one of which must compete for trade with all the others. Is oil doing its job? The answer to that oil that oil has met a record postwar demand, which no one could have an ticipated. with only minor dislocations of the supply-demand relationship. And output will be 8 per cent greater thi^ year than last. * To sum it all up, oil is free enterprise at its best.. It typifies efficiency and economy in its operation. To destroy the industry as it is now constituted would work irreparable harm on this country and the world. OMAHA CHAMBER OF COMMERCE The Omaha Chamber of Commerce-sponsored trip to the Open House at the Fort j Randall, S. D., dam site next Thursday, July 22nd, is still gaining popularity in Missouri River basin communities. During the past week, thirty more persons have added their names to the growing list of reservations, bringing the total to 130. The journey will be made by special train via the Milwaukee railroad, sponsored by the Flood Control committe of the Omaha Chamber. The Open House day at the site is spon sored by the Army Engineers to acquaint residents of the Missouri Basin with the value of work being done to control the river’s turbulent waters. Ssonsors of the Omaha train' originally intended to limit re servations to 125, but R. H. Heinecamp, manager of the Chamber’s transportation de partment, said that an extra pullman has been added to the train to handle the overflow. “From now on,” he said, Sve can take all that want to go.” Already virtually every in dustry and major business firm in Omaha have arranged to send delegates. There also will be contingents from Lincoln, Columbus,, Nebraska City and Minden, Nebr., Council Bluffs, Iowa, and St. Joseph, Mo. The train will leave Omaha at 10:30 p.m. Wednesday, July 21, arriving at the dam site at approximately 8 a.m., July 22. The train will leave again at about 3 p.m. Thursday, arriv ing back in Omaha about mid night. The delegation will travel in air-conditioned cars with a special diner. Round trip fare, including lower Pullman berth and parlor seat on return, and meals, will be $31.50. Reserva tions may be made with G. A. Henkens, General Agent of the Milwaukee Passenger Depart ment at 1611 Farnam, or the Omaha Chamber’s Transpor tation Department. A crowd of nearly 10,000 persons is expected to visit the dam during the one-day celebration. FRIENDSHIP HOUSE VOLUNTEER TELLS OF HER WORK Los Angeles, July 20—Spec ial—Social work in predomin ately Negro districts isn’t just for the Communists, Mary Houston insists. It’s for any one generous enough to try it. It’s for Mary Houston. Mary, an American Catholic girl whose home is in Los Angeles, is a graduate of Berk eley. She does settlement work at Friendship House in New York’s Negro district, Harlem. Friendship House is an or ganization founded by the Bar oness Catherine de Hueck, Volunteer works there protest against segregation by living among the Negroes them selves. “All you have to do to meet a Negro on a friendly basis is to realize that he’s not differ ent from you,” Mary tells her white friends. Friendship House makes this knowledge possible by providing recrea tion room, library, and outside activities at no expense to the recipients. The workers are not 'bound by vows (solemn, life-long promises made to God), but they willingly practice the spirit of hoi}' poverty, earning by their generous work only board, room, and a meager five dollars a month. \v e have 10 on our staff,” Mary explains, “and we try to limit ourselves to what the av erage family living on relief gets a week. “Our checks have bounced more than once,” she admits, 'but Providence always man ages to come through with help. Even our staff gets any clothes they neeed from the settlement dispensary.” Before she began her work as a member of the Lay Apos tolate, Mary taught in the Po mona school system. During •the war, she served overseas with the Red Cross for twenty two months. It was shortly af ter she returned home that she joined the Barones organiza tion. “Friendship Flouse groups come into a city only at the in vitation of the local hierarchy” Miss Houston emphasized. “Once established, we try, by means of publications, speak ers, and personal contacts to teach white Catholics that be cause of the doctrin of the Mystical Body, they are actu ally closer to a baptized Negro than to an unbaptized white person.” Besides the New York settle ment, workers like Mary also staff Chicago’s South Side House, and St. Joseph’s Farm in Marathon, Wis., which op erates as a school for training volunteers in interracial tech niques^ All that is done for the Ne gro is done for Christ. Mary Houston is a real Christian. THREE RACES, ' 5 NATIONALITIES Fribourg, Switzerland, July 20—Priests of three races and five nationalities joined in of fering outdoor solemn Mass at the climax of a pilgrimage for peace to the Shrine of No tre Dame des Marches ((Our Lady of the Limits) 20 miles from here. The celebrant was white, the deacon Negro and the sub deacon a member of the yellow race. The master of ceremon ies was Irish, the censor bear er American, the acolytes Spanish and Italian. The ser mon was preached by a French man. The congregation included 150 students of the University of Fribourg representing four continents and 14 countries. They made the pilgrimage on foot to petition Our Lady for peace on God’s terms—prayer and penance. The Shrine of Our Lady of the Limits is in the Canton of I Fribourg in the Alps in a won derland of natural beauty, and is more than 300 years old. The name is variously held to refer to the frontier of an ancient earldom, to the terrain which is a sort of European “Lands End,” and to marches that once stood nearbby. Type for Printing Lead hardened with antimony usually is used to make type metaL ij-Ifs funny how the Left Wingers want a managed economy. If they’re , such hot managers, wb^ haven’t they ' managed their own affairs better?" , _i f f » . ' A WTRAMCU VftXXC, M Bethlehem, Reinvented W FIRST/ POWER-DRIVEN BAC ^MACHINE IN 1851 .~T WC MEXICANS USE ^-7f 7© billion bags / I EACH YEAR, J \ 2SJMAOO© OF WHICH ARE ' , MADE BY UNION BAG A {fcPeR/ | CORP., SAVANNAH, GA. ' I WORKMANSM/P makesAM&KAA MASS PRODUCTION POSSIBLE* ' *-— THE GREAT HANDICAP By COLLIER • _* AlOOKIftlSN ON FOR I SPEED/J IF AMERICAN MACHINERY COULD TALK Courtesy Institute for American Democracy, Inc. NOT SUClf A PIPE DREAM” By COLLIER * it =vsS8* C • -PU13UC J a ' For $ale at a BARGAIN 2 Apartment Residence Good Accomodations Ph. HA 4572 Evenings Res AT 4360 Ray Byron BYRON Refrigeration Service REFRIGERATORS Bought and Repaired Bus AT 8532 2918 Burdette “Old at 40,50,69?” — Man, You’re Crazy Forget your age! Thousands are peppy at 70. Try ** pepping up" with Ostrtx Contains tonic tor west •undown feeling due solely to body’s lack of iron which many men and women call “old.” Try Ostrcx Tonic Tablets for pep, younger feeling, thti *ery flay. New "get acquainted'’ Bite only 60o At all drug stores—in Omaha, at Walgreen'* and Smith Stores, Duffy Pharmacy, and Johnson Drug Store, and Robbin Drugs. WAYNE FEATURES Include oil proven advantages plus Rifled Firing Head, Adustable Dif fuser and special fuel unit for dependable, uninterrupted service. RECORD FUEL ECONOMY This compact oil "miser" squeezes every bit of available heat from lower priced fuel oils to make your i enjoyment of Winter living com- I fort doubly attractive. Get de tailed literature at our store. A 275 Gallon Tank—3 Controls $350.00 Completely Installed Liberty Gas & Oil Co. 313-17 North 13th Street Bus. Phone—AT-9900 Res. Phone—GL-0672 Popping the Question Most young men present their dia mond engagement rings just before escorting a girl to a social affair, a recent survey shows. First Insurance First type of insurance issued in the United States was marine in surance. The first office was opened in New York City in 1759. WA A GLASS MANOWOURER 6ENPS PERSONAL LETTERS no wvtte ey-6.1. EMPloyEES HACK TO Joes £ WRC* RUM A TEMPFRBTURf t <* iizr A. A CALIFORNIA FARMER COMPLAINS s "Wat noise FROM LOW FiyiNO X PLAMES REDUCES HIS COWS' f‘ /MILK SUPPLV A MEW * -W1MKW6 MACHINE ‘ MATHEMATICAL PROBLEMS KX>TM» FASTER THAR A MAN lamm . WHL HAVE Me\t/ THXff O : ygswy KITCHEN CABINETS BUILT-IN SINKS MADE TO ORDER FREE ESTIMATE Ad'A-Unit Co. I 2510 No. 24th Street PLeasant 9116 | liiiiiiimiiiiiiira - Tj CROSSTOWN CLEANERS TRY One Hour Special Service OR One Day Service | 2101 North 24th Street WEbster 0989 . - — — _ ■ - ■ - 1 ■ — - -^ Why Not HURRY TO 2229 Lake Street for good eats; such as Beef Stew, Chili, Hamburgers, Hot Dogs, etc. Our Foods Are Real Gone HURRY RACK CAFE 2229 Lake St. JA: 9195 Mrs. Ella Mae Tucker, Supervisor J. Mason and E. Washington, Props. We Are Once More LAUDERING CURTAINS SEND OR BRING THEM IN Edholm & Sherman LAUNDERERS & DRY 2401 Norfli 24TH. Street’ Phone WE. 6055 Contractor See Bailey First SPECIALIZING IN PATCH WORK, PLASTERING • BRICKLAN ING CHIMNEYS AND CONCRETEING0 o RETAINING WALLS ft OFFICE—2209 NO. 22ND Si —Phone-PLeasent 19 7 5 — Jl PRESCRIPTIONS Free Delivery Huffy Pharmacv —WE-0609— 24th & Lake Sts. LAKE SHOE SERVICE Note Is The Time To Get Your Shoes Rebuilt! Quality Material & Guaranteed Quality Work 2407 Lake Street “It Pays To Look IFeH” xMAYO’S BARBER SHOP Ladies and Children's Work A Specialty 2422 Lake Street GROSS JEWELRY & LOAN CO. . PHONE JA 4635 formerly at— 24th and Erskine NEW LOCATION 516 North 16th ■»