The Caldwell News and The Burleson County Ledger (Caldwell, Tex.), Vol. 68, No. 2, Ed. 1 Friday, August 19, 1955 Page: 12 of 16
sixteen pages : ill. ; page 20 x 13 in. Digitized from 35 mm. microfilm.View a full description of this newspaper.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
1st
THE CALDWELL NEWS
FRIDAY. AUGUST 19, 1966
BABSON'S Authentic Statement
BABHON DI8CU88E8
"GUARANTEED WAGE"
Baboon Park, Mass., July —
Supposing the principle of some
form of the so-called guaranteed
annual wage, or an extended form
of unemployment compensation,
spreads to a large number of
companies, will most workers
really benefit ?
ILLUSIONS OF UNION WAGES
Many workers think 'hat some-
how or other life can be made
secure by legislation or labor
Barbecue
Cedar Hill
Sun., Aug. 21
HICKORY SMOKED
Nagging Backache
Sleepless Nights
Nagging backache, headache.ormuscular
ache* and pains may come on with over-ex-
ertion.emotional upsets or day to day stress
and strain. And folks whoeat and drink un-
wisely sometimes suffer mild bladder irri-
tation ... with that restless, uncomfortable
feeling.
If you are miserableand worn out because
of these discomforts. Doan's Pills often
help by their pain relieving action, by their
soothing effect to ease bladder irritation,
and by their mild diuretic action through
the kidneys-tending to Increase the out-
put of the 15 miles of kidney tubes.
So it nagging backache makes you feel
dragged-out, miserable . . with restless,
kleepleu nights don't wait . try Doan's
Pill ... get the same happy relief millions
have enjoyed for over 60 years. Get Doan's
Pills today I
Doan's Pills
Ad No. 116-41 lines
union agreement. Higher wages,
shorter hours, and unemployment
benefits may temporarily rai---
their standard of living. Most of
their victories, however. s<- ■
crease their cost of living '.hat
the wage earner would have link
more left at the end of th-- \ r
were it not for the inv. nt: t '
lalM>r-saving devices.
Capital (employei'>) aad v\ u'>
earners are like two tan!.- t-f
water connected at the b>>tt iii
a pipe. The pipe r« presents •. h
channels of trade. The wate
presents income. The Cupr.
Tank is big ami holds lot- f
water. The Labor Tank is s;i¡
ler and holds less water. Because,
however, both tanks stand at the
same level, and because water
always seeks its own level, the
water in both tanks will n ach
the same level, no inattei hov
much is poured into either tank.
This applies to the so-called
"guaranteed wage."
LET'S NOT FOOL
OURSELVES
If a Labor Union "wins" a
strike for a Guaranteed Wage,
this is like pouring water into the
little tank from the big tank. For
only a moment does the Labor
union have the increase i' :-
tank. The benefits soon flows !>■ \
to the bijc tank by way of rim ■
rents, higher prices, and gn-iite.
interest rates. The "water" is
constantly adjusting itself hy
means of the connecting pi• .
which is Trade. So y.iu s.>e th
proportion of the money I'nion
Labor retains is not really an
increase. There art' only two
ways to get healthy increases in
wages. One is through producing
more by working harder and
longer. The other is through new
inventions and products that cut
costs and increase output. The
greatest value of Labor Unions
to the wageworkers is that the
Unions torce Capital to spend
money on research, inventions
s
the kind of system which benefits
wageworkers in the long run.
The great mass of wagework-
ers can obtain a greater propor-
tion of the world's wealth only by
increasing their real efficiency hy
means of their heads, hands, or
inventions. T^> go back to mv
tank illustration, wageworkers
can get a greater proportion of
the total water in their tank only
by increasing the capacity of
their tank — that is, its length,
I rcadth, or depth. As fast as
such ar increase in capacity (o:
ffieieneyl takes place, the water
will flow into the Union Labor's
tank automatically, and no wealth
or power can prevent it. Only
legislation which truly increases
:he efficiency and savings of th*
wageworkers is sure to inak*
them richer, stronger, «nd more
invincible.
* I *
• •
* i •*
NEXÍ TIME YOU DECORATE ... USE THIS "PAINTER'S PAINT'
1 Gold Bond
rubber-base paint
that's scrubabie!
'. h CLARK of MHano.
route 1 grew almost half a ton
of watermelons on on \in< in
his patch between Calduell and
Milano. Th( on ht i shown
with here tipped the beam at
111 pounds Tht largest
weighed 117 i«;i"tds
other melons weighed ovei
pounds, Clark said. < lark
ihret o! tht big fellows
fix I Hollar each
OIK
Iwt
100
sold
for
and advertising. — which reduces
costs and increases production.
good business, which is ,h«
health economy is dependent upon
operation of an enterprise pro-
fitably. and efficiently.
To <io 'his the employer must
Our Congratulations
To Manuel's
On Their
10TH
Anniversary
In Business In
Caldwell
DURING THESE 1(1
YEARS IT HAS BEEN
OI R PRIVILEGE TO HE
A PART OF THEIR
BUSINESS WITH
"Mary Lane"
Suits & Coats
BRAND
AND
PURITZ
Kansas City,
Missouri
Use Maaael's Uy-AwayPlM To Bmy Yow Winter Svite A Coate
i
be free to buy hi> raw materials
and lain r only in th< amor,
needed and at ti- lowest reason-
able price. Long-term contracts
should be enter- •: into only f
they assure tin most economi i!
use of resource- In ou: privat
enterprise system a- emp!o\ i
benefits his w;a*< .corker- mos:
wh n he minimi/.) hi- est.- ami
maximizes his returns. We have
real pr.-sperity v when th-Te
ir< more .iolts and more oppor
tunities for mor people.
WHAT DOBS INCREASE
SE( I HIT\ ANI U \(iEsr
To say that w. shall stabilize
->ur eeottomy by .. t'iaiarite.>d an
nuul wat , rath than by the
• peration of business efficiently
and profitably, is to misunder-
stand what makes our private
enterprise system work. It is
hard-headed business sense and
new inventions that have given
us more refrigerators, more auto-
mobiles, and more homes. This is
Homcmakcrs everywhere arc joining pro ft-
sional painters in their enthusiasm for Gobi
Bond Velvet. Little wonder, too beta use this
new, rubber-base paint glides on smooth!) and
quickly; leaves a wear-resistant, dirt-repellent
finish. And Velvet can he applied am season
— it's practically odor-free and dries in less
than an hour. The 12 striking Velvet coliis
can be used "straight" or combined to gist
hundreds of other pleasing shades Dec idi
nov. to decorate tour walls anil woodwork
with vcKet, the paint that painters prefer
Easiest of All to Apply
i Product of
MAVIONAl GYPSUM COMPANY
■á*
ftflf-SIAII0
require an
4 a
*
« •
• • «
I I
fICtIT oí Velvet's resiliency
and durability is latex—the
magic ingredient that goes into
making suto tire .
TOUCH UP mmed" spot while
paincins *uh Velvet. The re-
sult will be • uniform finiih
bet sum Vehet blend in.
Veliet does not
undenoater on
*all Goes on right osrr paint,
platter, wallpaper, «allboard
WHERE TO HUY GOÍD BOND VELVET
WOODSON
Lumber Company
Step in . .. and command the most modern truck power on any job!
New Chevrolet TaskFbrce
Moro's • Mary Lane coat with
all the markings of the city
•ophisticate. From the "slim-
jim" collar to the long-darted
reglan sleeves and hand*
picked collar and cuff , It's
every Inch a lady ... and the
ledy I YOU! AM weol *oee
In
UM.
Alao available in tice* 38 to
SO.
Choleo of 100% stitched
wool interlining or insulated
Trucks
0 — "" ■ «* f «áfc -3T'T
1 ....^gariww^
V
Seven new "high-voltage" high-compression
valve-in-head engines!
You've got it good under the hood
with a new Chevrolet Task-Force
truck! With two new V8's and five
new sixes to choose from, you can
pick the power that does your kind
of hauling best.
Shortest-stroke V8's In any heading
truck! They're of modem o ver square
design, which means that the piston
stroke is smaller than the bore. The
result is less piston travel per mile
... longer engine life.
Modern 12-volt electrical system.' It
delivers twice the punch for quicker
cold-weather starting. It also pro-
vides a hotter, fatter spark for better
ignition.
Come in and command the most
modern truck power for your job!
yam get ike right fawtr
for ymmr joh!
Year after year . . . America' bmb&dtmg truck!
Harvey Motor Company
♦WIS
II mi
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
The Caldwell News and The Burleson County Ledger (Caldwell, Tex.), Vol. 68, No. 2, Ed. 1 Friday, August 19, 1955, newspaper, August 19, 1955; Caldwell, Texas. (https://texashistory.unt.edu/ark:/67531/metapth176182/m1/12/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Harrie P. Woodson Memorial Library.