Ascent Ain’t Nature Grand? A mil- The first successful ascent of Hon years ago, nobody knew Jjj?* 8 ?5 was m *^ e until we’d ever be using glasses, but 1820, 14 years after Zebulon MA .. . , Pike first saw it. Pike himself notlce " ow cleverly she put our never climbed the mountain. ears in the right place. THE NEW SABRE RIDER MOWE by PENNSYLVA Choose 6 or 7 HP with cc fidence you're getting a ri second to none. 32" cut \ 3 forward speeds and 1 re Cut-height adjustment to positions while cutting. , Optional snow blade, i You can't beat I Pennsylvania's Sabre. * WALTER F. McVEY & SONS Lawn & Garden Supplies Ronte 222 plenty, If here’s what makes DEUTZ the world’s finest tractor! Deutz Air-Cooled Diesel Engine No Radiator No Radiator Problems Complete warm-up in 30 sec onds. Operates tiouble-free in both hot and cold weather ex tremes. Precision Built By West German Craftsmen DEUTZ is the ougmal builder of internal combustion engines, and The DEUTZ engine is ma chined to perfection so fine it does not need or use cylinder head gaskets. Full Range Of Models 25 To 85 Horsepower DEUTZ Diesel Tractors are built in six different power sizes with model option variations to fit every job requirement. STAUFFER DIESEL INC. 312 West Main Street, New Holland, Pa. 17557 New Providence, Pa. what's a doing on CALL US FOR A FREE DEMONSTRATION ON YOUR FARM 20 YEARS OF DIESEL ENGINE SALES & SERVICE Phone 717-786-2462 foreign tractor American soil? "WT** it’s deutzA (pronounced DOYTZ) WINNING Wayne feed dealers. Mr and Mrs. H. J. Hoober, of H. Jacob Hoob er, Ronks, were honored recently as mem bers of the Allied Mills President’s Honor Council in-ceremonies held in Boca Raton, Florida. The honor is given for outstanding marketing achievement. Allied Mills Pre sident and Chief Executive Officer Roy E. Folck, Jr., (second from right) confers the Inflation To Continue In 1969 In spite of a 10 percent sur- the US. economy shows little tax and rapidly rising interest evidence of slowing, according rates, the inflationary spiral of to R. I. Nowell, vice president <!*4v d V tb.fr <J«a 4* k a Ml MM V Low Fuel Consumption Have you ever seen a diesel that didn’t smoke? Come see a DEUTZ I Smoke represents un bmned fuel which means loss in fuel economy With a smoke fiee DEUTZ you are assuied of maximum fuel savings Most Advanced Hydiaulic System In The World Featiues include position con tiol, depth and draft control, float and flow control, multiple remote conti ol valves, and 3 point linkage. Tested And Proven On American Faims Before United States distribu tion began, ten DEUTZ Trac tors were use-tested on Ameri can farms Tractors were work ed for as much as 1,000 houis each during a’ two year period without a single part replace ment on any of the tractors other than oil and air filters. Phone (717) 354-4181 Lancaster Farming, Saturday, April 19,1969—25 honor on the PHC dealership for sales and service it rendered livestock and poultry feeders during 1967-68 fiscal yea’’. Nearly 150 of the Chicago-based agri-business firm’s top Wayne feed dealers and their wives from many states were honored sim ilarly. J. E. Streetman, Vice President of Marketing for Allied Mills, is pictured at far right. and economist, Equitable Life Assurance Society of the United States Speaking at the University of Delaware Bankers Agricultural Forum, Nowell said that the biggest single pioblem facing the Nixon administration is how to cool inflation without causing unemployment and re cession how to disinflate without deflating. “The US. economy enjoyed unparalleled growth between 1960 and 1965,” he explained. ‘Employment grew and prices remained stable But in 1966, a fiscally irresponsible budget and increased spending in Viet Nam, led to the current infla tion crisis ” After a series of erratic mea sures which served only to ag gravate the problem, the Feder al Reserve Board upped the dis count rate in 1968. The'two-tier gold market and disorders in France also relieved pressure on the dollar. Following enactment of the surtax, the FRB became fear ful of recession and lowered the discount rate Employment, credit and spending continued to rise and so did prices “In reality, the government expected too much from the sur tax,” said Nowell. “And the FRB’s loosening of economic restraints counteracted what ever effect the suitax may have had ” At the pi esent time, then, the country is in the midst of an inflationaiy spiral that must be bioken Consumer and business spending continues at recoid rates Acting once and for all to cor rect the sitaution, the FRB has raised intei est rates three times in recent months, said Nowell. It appears that the Board is detei mined to squeeze the banking system and reduce in flation. The demand for bank loans and fedeial fiscal policy are on a collision couise, he said Banks have been foiced to sell government and municipal bonds to pay maturing notes and many banks have diawn heavily on the Euiopean dollar market At current money pi ices, however, many bouowers will be forced to postpone spending. Municipal financing has slow ed and the treasuiy is approach ing balance. I’m encouraged by these signs and a great many more,” said Nowell. “The Pans peace talks are encouraging and our bal ance of payments is approach ing temporary surplus In addi tion, the value of the dollar is increasing in the international market and the budget pro mises balance during 1969. In short, U S. fiscal and monetary policy, are now in harmony.”
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