4 J.4in< i V ’P’li. '■‘‘•.l -i\ .Vi. 23 I 1 **'*
From Where We
The Interest Load
The National Fedcra’ion of Independent
Bumiu*ss believe* the recent increase in the
prime interest rate to B' 2 percent may
break “the camel's back” for many small
independent business firms. The Federation
points out that the impact of the new rate
ma\ not be lulh apparent until 120 to 180
da\s in the future because of the “rolling"
naiute of their study which asks for reports
on loans made in the previous six months
and the corresponding rate of interest
charge Through May the Federation re
ported data showing the average bank in
terest rate paid bv smaller firms was rising
at a steadv two-tenths of a percent per
month. The national average stood at 7 5
percent. On the Pacific Coast it was 8 1 per
cent The outlook then was that bv v ear's
end the national average rate for indepen
dent business would be shghth oier 9 per
cent and a shade o\ er 10 percent in the Pa
cific states. However, the new prime rate,
if maintained, will force these interest rates
to approximately 10 5 percent on a national
a\ erage and o\ er 12 percent in the Pacific
States These w-ould be the highest interest
rates since the closing years of the Civil
War when gold was bringing over S2BO per
ounce!
The Federation also points out that it
maj not be possible for businesses to oper
ate in some states at all where the legal in
terest is set at 8 percent. No money will be
available for loans in some states unless
their legislatures quickly amend current
laws against usury
Our \isitor from Poland this week, Ed
mond Apohnarski, commented that our
farms here are very modern and ery ex
pensive”. which is certainly true. And one
of the expenses is the interest on the mort
gages and shoit term loans we must carry
at new high rates. If the economy is broken
by the high interest rates, one of the main
reasons will be because of the effect these
rates have on farmers. At least that’s the
way it looks from where we stand.
No Limit Tax Plan
In a humorous vein, columnist Mike
Royko asks. “What’ll Uncle Sam do when
taxes reach 100 per cent 9 ” His rhetorical
question, though facetious, has a hard grain
of seriousness considering the spending
philosophy that the nation has lived with for
several decades The idea has been that
government helps people by raising their
taxes So why shouldn’t taxes eventually
reach the 100 per cent level 9 Theoretically,
the government could then give away more
than e\er before, and people would receive
the ultimate in help
The point Mr Royko makes is that af
ter taxes reach 100 per cent, how does the
Farm News This Week
Eckman Named FFA
U«unt\ Stai Farmer Page 1
Manlvn Krantz, Rhoda.Stautter
Ai e New 4-H Queens Page 1
Visitor From Poland Attends
yuei nsev Da\ Page 1
LANCASTER FARMING
Lancastei County’s Own Faim Weekly
P 0 Box 266 - Lititz, Pa 17543
Office 22 E. Mam St, Lititz, Pa 17543
Phone Lancaster 394 3047 oi Lititz 626 2191
Eveiettß Newswangei, Editor
Robert G Campbell, Advertising Dnector
Subscription price $2 per year in Lancaster
County, S 3 elsewhere
Established November 4, 1955
Published every Saturday by Lancaster
Fanning, Lititz, Pa
Second Class Postage paid at Lititz, Pa*
17543
Mcmbei of Newspaper Farm Editors Assn.
Stand. ,.
orrmi nt then continue to nelp people
after they are fiat broke. Mr Royko quotes
hypothetical economists of the future who
suggest ways out of the dilemma. These
mythical economists believe we could sell
off or pawn the Air Force or the Navy at a
good price. Another of Mr. Royko’s imagin
ary economists believes our government
could help run some other countries do a
little moonlighting on the side. To the ques
tion. “Do you think anybody would hire
us 0 ". this economist answered. “Are you
kidding? With our experience?” Nothing is
too fanciful in a nation that sets no limit on
taxation to help people. At least that’s the
way it looks from where we stand.
i«cbvr*und Scripture Oew)«ronorry 9 I*s. Joslwi
I 3 4)924 104043 14 23 frro.gh 24.
D«v«H«n«l RmJioj De-Wonor, 9 ! 5.
Can the church survive? There
are many who are asking that
question today. Some have al
ready decided, that the church is
lost.' Others are not certain, but
fearfully wondering. Head
?e add to the un
certainty:
CHURCH
MEMBERSHIP
AND ATTEND
ANCE DE
CLINE AGAIN'
SHORTAGE
OF MINIS
TERS AND
PRIESTS
TERMED ' CRI-
Kev. Althouse TICAL’’
~ DOWNTOWN CHURCHES
Thus, it is recognized that the all-im- CLOSE DOORS!
portant factor incentive, is as essential to These are but a few of the
a successful welfare system as it is in any f torn ?, warnings being flown be
nthor human ondeavor Incentive the nro- fore the church today. There are
otner numan endeavor. incentive tne pro- manv more> You could probablv
fit motive is what makes industries, as compile your own list. Some peo
well as individuals progress. Where there is pie are already calling this the
no incentive or profit, there is failure. Those era, - ’ indicating
who criticize profits are advocates of fail- waj . Chnstian is on its
ure. The incentive of profit is as impor- ‘ ’
tant to business and to American workers Always difficult
as it is to a successful welfare system. Ye .t> there has never been a
Mayor Lindsays idea of rewarding farm- SeVttereW
lies who work is but a return to a first couraging reports of over
principle of human existence a principle whelming obstacles.. The march,
too often derided by vote seekers and mill- of Christianity has always been
tants of every stripe. At least that’s the way *® rr^ in and under
, ■'tne most trying circumstances,,
it looks from where we stand. The key has never been in the
obstacles that have confronted the
church, but in the response of
Christians; to the will and', power
Across The Fence Row'
We remember the dismal- re
(lT, . . , , ~ , port brought back from the land
It has always seemed strange that we of Canaan by the spies Moses
Americans somehow believe that the laws had sent. Only two men had dis
of mathematics do not apply to money and a with that report, Caleb
finances when in the area of government forty additional ve^rs
But they do. One plus one still equals two wilderness, because of their lack
and one from two still leaves one. Anthme.- of faith. Now, four decades later,
tic does not change. There is no magic J° s hua stands before the people
formula When the government spends - promised Sd so.hf
the money comes from someplace and probably remembered that other
that someplace is you and I So, we Amen- day when this people’s fathers
cans must make up our minds do W e had rejected his recor mendatioa.
want the cake, or do we want to eat it?”
Sauk City, Wise , Star.
Return To First Principles
Not long ago. Mayor John V Lindsay of
New York urged scrapping of the present
welfare system. In its place, Mr. Lindsay
recommends a system “. . . which rewards
families who work and encourages them to
work " He warns that the present system
encourages welfare recipients to avoid em
ployment.
“He only is exempt from failures who
makes no efforts.’’ Richard Whately
U S Representative Odin Langen from
Minnesota made the comment “Remem
ber back when the scientists used to tell us
that the chemicals in the average human
body were worth just 98 cents 9 Inflation
seems to have hit that figure, too. A North
western University biochemist says those
chemicals are now worth $3 50'”
The frame of great men ought always
to be estimated by the means used to ac
quire it.
Local Weather Forecast
(Fiom the U. S. Weather Bureau at the
Hairisbuig State Airport)
The five-day forecast for the period
Saturday through next Wednesday calls for
tempei atures to average above normal with
daytime highs in the 80’s and over-night
lows in the 60’s. Seasonable at the beginning
of the period with a warming trend there
after The normal high-low for the period is
83-62.
Very little if any ram is expected in our
area during the period
THE CHOICE
Lesson for August 24,1969
To Test Water Supply
The use of contaminated viatei
foi domestic supplies is a glow
ing threat in many aieas ot the
country Due to the large amount
of lamfdll in the past month it
is advisable to have private wells
and springs tested to be sine
they are safe to use The use of
some chlorine tieatment, or a
chlonnator, may be used as a
good disinfecting method An
Extension publication on this
subject is available
To-Renovate Pastures
Late August oi eaily Septem
ber are good times to icnovate
old pastuies, or seed new ones
The old vegetation should be
thoroughly killed and lime and
feitilizer worked into the soil
accoidingdo a complete soil test
TbO cooler weathei of the fall
■' »
“Prepare your provisions"
ThU time, however, there wer«
no protests about dangers and
difficulties. He gave an order and
they responded; ’’Prepare your
provisions; for within three duyi
you are to pass over this Jordan,
to go to take possession of this
land which the Lord your God
gives you to possess” (Joshua
1:111. The situation had not
changed in forty years: the
Canaanites were still better
equipped for war, still larger,
stronger, more numerous than
the Jews, still occupying their
strongly-fortified cities. ’She dif
ference was to be found in the
hearts of Joshua’s peoples they;'
trusted God’s promise.
The final victory would not
be acheived overnight; in fact, it
was to take the rest of Joshua’s
life and many years beyond that.
Many battles would still, ba
, fought, much land occupied, be
fore the people of Israel would ba
in full control.
Near the end of the book of
Joshua we come to another scene.
The great leader has summoned
the people to say farewell and pre
pare them for the task still ahead.
He was about to step down. At
times such as these It is customary
to make a testimonial to a man’s,
leadership. Yet, it turned out tobs*
a testimonial, not for Joshua, but
for God. Joshua reminded them
of all that God had done. He
promised that the Lord would
continue to fulfill his promises*
Lastly, he warned them that the
promise would be fulfilled only if
they would remain faithful and
loving to God.
As for me...
"Now therefore fear the Lord
and serve him in sincerity and in
faithfulness; put away the gods
which your fathers servedbeyond
the River ... and serve the Lord.
And if you be unwilling to serv'd
the Lord, choose this day whom
you. will serve” (Joshua 24; 14 -
15). Thus, he challenged the peo
ple. He cannot make their com
mitment for them. He can make
it for only himself and his own
family - ’ '"But as for me and my
house, we will serve the Lord.’"
The rest will have to decide
for themselves. So must'each of
us.
(Based an outlines cayyrijMed iy +e OivisTixi
•I Christian Education* Natianob Cauncil of (ho*
Churches af Chnst in *ne. U» S. A* Bel eased l»y
Community Press Service]
Attend The Omufdbi Off
Your Choice Swndiay
NOW IS
THE TIME...
By Max Smith'
Lancaster county Agent
months with favoiable moisture
conditions will enable the plants
to get a good stait betoie ti cor
ing weather and also, be able to
stand the hot, summei weather
next spung much bettei
To Recognize The Value
Of Corn Silage
Many acies of corn aie deve
loping into an outstanding crop
on most faims, the crop will be
hai vested and sto>ed in many
ways, but I’d like ;o point out
that by making the crop into
coin silage, the maximum pounds
ct feed nutnents will be haivest
ed Many livestock and dany
farmers are lecogmzing this fact.
Corn silage is one of the most
economical livestock feeds
known today Local produce! s
aie urged to harvest the maxi
mum amount of top quality sil
age foi the coming vear.