> as at or Ly n 1D re of 1t d g A- d 7e os wk of 5 DALLAS, PENNSYLVANIA Background Of Roger W. Babson Roger W. Babson gn business has no more insp¥¥ing personality than Roger W. Babson, internationally-known busi- ness commentator and investment adviser. A outstanding feature of his philosophy has been his lifelong in- sistence on the importance of both religion and advertising in business. Born. and reared in an old-fash- joned atmosphere of hard work and hustle on a farm in Gloucester, Mr. Babson went to the' Massachusetts Institute of Technology. Upon grad- uating, he turned instinctively to financial and business activities in which his father was engaged. His exertions, however, under- mined his health; he contracted tuberculosis and he was sent West “as good as dead”! It was while he was convalescing from this dread malady that he worked out some of the possibilities and problems of business forecasting. - His weekly releases are used by over 400 news- papers and his financial reports by 20,000 corporations and estates. His research work is carried on by a large staff of experts. Mr. Babson founded Babson In- stitute for Men; and, in co-operation with the late Mrs. Babson, develop- ed Webber (College for Women— both nationally-known educational institutions. Here young men and women may concentrate on the fundamentals of honest and efficient business administration. Later, he founded a Midwest Institute of Business administration, located in Eureka, Kansas, the center of the United States. He has been active also in establishment of other me- diums of service to the public, such as the Gravity Research Foundation, located at New Boston, New Ham- pshire. Mr. Babson has probably done more than any other man to create among his millions of newspaper readers an interest in simple busi- ness problems, and to instill a broader vision in. businessmen, en- abling them to meet the ups-and- downs of the business cycle. BABSON'S POINT OF VIEW ON INFLATION Babson Park, Mass., September 1. Everybody is talking about inflation again, What: do we mean by infla- tion? To some economists the word suggests too much chasing too few goods. To other economists it stands for Ntrong unions pushing wages up and up. Still others think of in- flation as a demand for goods that keeps pulling prices higher. But for this discussion, let us use the every- day meaning, simply climbing prices. & Who Is To Blame? =X now the press is full of reports blaming this group and that for the strong upshoot in prices that has occurred this year. If you are a Republican, you are likely to say that the Democratic Admin- istration "is to blame. That free- swinging spending when a war is going on is creating too much buy- ing power. The fact here is: Much of our production is now being ‘shot raway’’ into Vietnam; it is not the type of production that can be consumed by our citizens; but money is being put in circulation, adding to buying power. If. you are a Democrat, you are likely to think of the moguls, of industry pushing their price tags higher to take advantage of the brisk demand throughout our econ- omy today. If you are a strong unjon man, you tend toward blam- ing the whole sorry business on the pricing. power of big business. But the average man in the street is likely to feel, as President Roosevelt once did: “A plague on both your 192 houses! Caught In The Middle Re the man in the street is hght in the middle, whether he is a union n member, or a ‘Wall Street broker. At the beginning of a price upturn, - advances are often slow and scattered. ‘But, as momentum is ‘gained, the mupsweep becomes steep and broad. And all the furor over inflation at this midsummer can probably be traced to the fact that people are now realizing that prices are beginning to bound up- ward. Ask any wife as she returns from shopping. The natural reaction is to try to offset the falling purchasing power of the family paycheck by seeking a raise. Now, of course, not every- one is going to be able to get higher wages. Even those who do get fat- ter pay envelopes soon find that their gains are eaten into — even wiped out — by the well-known ability of a rising price wave to swell more rapidly than wages and salaries can be boosted. Point is: Once the inflation of prices hits its stride we are all in the same boat: no way has yet been invented to “beat the game.” All Must Cooperate All right then, what can be done to remove the peril of an inflation blowoff and bust? For ‘as night follows day, inflation has always ended in deflation. And that can be very upleasant for everyone. No one group can solve the problem.... not government, not labor, not busi- ness. But, if each of these would stop trying to fatten its share and work together, economic catastrophe could be warded off. Government should remind itself that it's wartime, therefore not a moment for pushing the money sup- ply higher than necessary by all sorts of spending schemes. Better to lose an election than the country. Business should avoid price jump Waverly Antique Show The Twenty-third Annual Waver- ly Antiques Show and Sale will be held this year at the Waverly Com- munity House on September 12th and 13th from 11:00 a.m., to 10:00 pm. each day. More than thirty dealers coming from states such as Maine, New York, New Jersey, Dela- ware and Pennsylvania will display and sell antiques of many kinds and from different periods. Mrs. A. B. Timms, General Chair- man, has announced that the Loan Exhibit this year will feature Lilli- putian furniture, all loaned by res- idents of ‘the area. Visitors to the Antiques Show should enjoy this display as it will show a variety, including small models, children’s furniture, samples used by salesman. in their work, and antique doll house. furniture. The successful “Almost Antiques” Shop will be held for its second year, There one may find a wide variety of antiques and “almost” antiques at most reasonable prices. Items that may be purchased in- clude rugs, glass, china, furniture, lamps and other bric-a-brac. Two local churches in Waverly will provide a ‘Snack Bar and eve- ning dinner during both days of the Show. Waverly is located ten miles north of Scranton on Route 407 and just two miles from Dalton off Route 6 and 11. Parrish Cottage Burns The recent electrical storms which struck in this sector of ePnnsylvania destroyed the cottage of Mr. and Mrs. John Parrish at Central, Pa. A delightful summer place where the Parrish family liked to go for the weekend, it was filled with an- tique treasures of their predecessors. Although three fire companies were nearby and responded within a short time after lightning struck the dwelling, it could not be saved, going up in a mass of flames in a matter of minutes. as it would the plague, realizing that some fall in profits -would be pre- ferable to a later wave of bank- ruptcies. Labor should tell its mem- bers that every wage boost is an- other nail in the coffin being pre- pared for the longest boom in our history. Yes, and the bankers should ask themselves if it would be better not to make that loan...at this time. Some Sacrifice, Or Else It is said that it is already too late. That any shutting down of the money faucets, or any cutting back by the big groups in the econ- omy, would surely lead to depres- sion. We agree with this think- ing. But we shudder at what could happen if the inflation spree is allowed to mount higher and higher from its already lofty level. The bigger the action, the more powerful is likely to be the reaction. To us is seems far wiser to risk some sacrifices now than to run the ex- treme danger of severe economic breakdown later. What frightens us is the tendency for key groups to simply wait and see. When the avalanche is visible, it is already too late. READ THE TRADING POST Ag These are the hands of a potential murderer. Look familiar? a Before you touch the steering wheel, look at your hands. They have the power to drive you somewhere, Or to destroy somebody. Remember that every time you get into a car. A lot of lives are in your hands. FREE: Send for ‘Life Saving Tips on Safe Driving”, Room 301, Finance Building, Harrisburg, Pa. COMMONWEALTH OF PENNSYLVANIA William W. Scranton Governor Theodore B. Smith, Jr. Secretary of Revenus, Harry H. Brainerd Commissioner of Traffic Safety THE DALLAS POST, THURSDAY, SEPTEMBER 1, 1966 SECTION B — PAGE 3 WhoLE EITHER ne 90" q gy 3 SUPER-RIGHT QUALITY FRESH Chicken Parts “SUPER-RIGHT” QUALITY BONELESS Round Steak and SUPER-RIGHT QUALITY 9te 11 b. *79¢ Pork Loins ’. »79¢ BONELESS OR ROUND BONE ite ris S306 CHUCK ROASTS BONELESS DINNER HAMS ..... « $1.29 A & B KIELBASSI FRESH GROUND CHUCK . ..m. 196 Smoked Rings “e000 0 SUPER-RIGHT QUALITY FULLY COOKED . .. OVER SMOKED HAMS NO i REMOVED! | SHANK PORTION. .». 39¢c | NONE PRICED HIGHER! 14-LBS. CENTER SLICES LB. J LEGS WITH THIGHS OR & BREASTS A » 55° Roast + 95° SUPER-RIGHT SKINLESS FRANKS %:.59¢ #. *1.09 FROZEN TENDER Turkey Breasts ‘uy “79¢C MINCED BOLOGN veerneae mS PORK SAUSAGE Hires in B00 BONELESS TURKEY ROASTS.......= 89¢ OSCAR MAYER FRANKS o. %ii eet we 69¢ ro 3 By The Piece Rogger’s Lge. Link BALLIETS ASSTD. SALADS... %2 33¢ SUPER-RIGHT LIVERWURST “i.e... 4T¢c KISSLINGS SAUERKRAUT..... 2: Ey / Golden Ripe Bananas Fresh Malian Prunes BARTLETT PEARS. . .3 ns. 49¢ Sweet Ripe Cantaloupes . . . White Seedless Grapes cvrevr , , 0.19 SWEET 7 DOMESTIC ALL A&P SUPER-MARKETS WILL MAINTAIN Regular Store Hours This Week! Closed Mon., Sept. 5ih LABOR DAY BUY EXTRA FOR THE LONG WEEKEND! NN L BARBECUE BUYS! ) FREEZER QUEEN Beef Burgers 3 Pkg. *1.99 FRESH GROUND 1b 95¢ BEEF ROUND CUT FROM BEEF ROUND CUBE STEAKS. Ib. 99c \ or CANNED HAM E¥ »79c on ’2.69 4.29 IMPORTED 7.) ‘3.45 on 2.23 3w79° 2 us. 25¢ eo 239° TENDER SWEET CORN. ...,.,..« 4c RIPE CLAMS PICNICS \ 7 FISH & SEAFOOD! Fresh Dug each dc » $1.39 Lge., 31 to 35 Count Shrimp Cap’n John Fish Sticks 1-Lb Pkg. Potato Chips ’ FROZEN FOOD BUYS! MRS. SMITHS Cream Pies A&P Grade “A” Qranga Juice. . rts Eye Orange Juice 13-0x. Pies 6-0z 6-0z, cans 13 © os a 0 8 89c¢ cu 108 Hi-C Fruit Drinks “oe. # PEPTO BISMOL CoE —8hp x BUTTER KERNEL SWEET PEAS. . 2%. NO CAL ASSORTED BEVERAGES . . EVANS DESSERT TOPPING icucoer non JOHNSOUI’S PLEDGE SPRAY WAX o'sq. JOHNSON’S KLEAR FLOOR WAX JOHNSON’S BRAVO FLOOR WAX rt 1o-%q Can 5s 898 1 Pos 1b -0z, 87¢ Ann Page Mayonnaise Modern CookieBars . . . . Curtiss Marshmallows . . . / Ann Page Gum Candies . . 89¢ 47¢ CRISP PASCAL CELERY ....... = 19¢ | TENDER GREEN BEANS. .......2u 3c | J 49: 3 NEW PACK! on 1.1p., 13-Oz. A IE ig BAKERY BUYS! : A&P Yellow Peaches og Valves Cans 79c pplePie . . . :.' 39¢C Bax of SANDWICH ROLLS. . = 250 7% 350 Popular 5¢ Candy Bars . . . i890 ; Made With 1-Lb., 6-Oz o ox of ENRICHED BREAD XLXi... 213!" 53¢ Popular 5¢ Chewing Gum 20 pigs. 69C 12-02. e Can Lb. Box 10¢c 45¢ ne 19¢ hr 29¢ Really Fine oe eo > : 99¢ ¢ BLUSH, MIST & OFF BLACK 33 07 Glamalon Nylons secre Beech-Nut STRAINED BABY FOND JIF PEANUT BUTTER ~Roydl re PAPER CUPS BONDWARE Universal HISTORY OF THE WORLD 59c| 3 ree 00 ll 4Y2-0z 1-1b., 2-oz 4-oz. NOW ON SALE! 1 10 Jars 89C jor. 650 Phx. DDC of 150 69C vo. 9c (V2. ) MARCAL TOILET TISSUES... ... me 21g Chicken ;. Sea Tuna Maxwell House AREAL DE NAPKINS is Cine 0g CHUNK LIGHT fhe CHUNK WHITE xv. COFFEE ... 3am 258 Va-oz. 6%2-0n. = oz. 20¢ KITCHEN CHARM WAX PAPER... 2 41¢ fee B9c on N.3 1 e=31.30 0 Appian Way Armour’s Armour’s Yuban Maxwell House 121 MIX a. SAUSAGE oe BEEF HASH 12 COFFEE NL Pkg. 39¢ Con b3c Snr 47¢ Con g97c Con 81 Cc Robi Hood ALL PURPOSE FLOUR 1.18 eo . Spatini SPACHETTI SAUCE MIX 33¢c 25-0z. Pkg. Realgold ORANGE CONCENTRATE 6-0x:. 29 Cans C so. 730 Miracle White FABRIC SOFTENER Woodbury’s SOAP—I1c SALE 4 = 3c 4 3" 48c -£yuioia pue SY TIVA Ul syoraeN-dng gay [8 UW ‘GC tequejdeg ‘Aepinjeg YInoayy 941309519 pe SIY} UL SedLIg