Page 4—Sec. I THE BATTALION Thursday, February 3, 1955
Americans Stash Money Away
And Buy On Installment Plan
Dynamite Missing
KONOSU, Japan — UP) — Police
are looking for 300 sticks of dyna
mite missing from a load of 1,800
sticks that spilled from an over
turned truck. Passers-by picked up
some of them. Police are worried
because they resemble kairo sticks
a fuel which Japanees use in port
able warmers.
Seal Child Chosen
CHICAGO—(A*)—Billy Jennings,
6, of Trumbull, Conn., has been
chosen 19^5 Easter Seal Child by
the National Society for Crippled
Children and Adults. It’s his pic
ture you’ll see on posters and bill
boards in the society’s fund drive
March 10 through Apiil 10.
Hire The Man
GRAND HAVEN, Mich.—CP)—
Under “experience,” one of 21 ap
plicants for the job of Grand Haven
chief of police wrote: “never served
on a police force but I have ridden
to work with a policeman for sev
eral months.”
By SAM DAWSON
NEW YORK — UP) — Americans
are stashing their money away in
the greatest volume of savings ever
—and at the same time they are
going deeper and deeper into debt.
Deposits in mutual savings banks
have reached a record high. Sav
ing and loan associations have had
a record year. Total liquid savings
have risen. At the same time, in
stallment debt and mortgages have
taken a sudden spurt and reached
the highest levels in history.
Total debt—what is owed by gov
ernment, corporations and individ
uals—has risen 47 per cent since
1946, with corporate and personal
debts leading the way. Total debt
now exceeds 600 billion dollars.
Is this dangerously high ? If
not, where will the danger point
be?
Mortgages on family homes have
climbed to 75 billion dollars. The
Home Loan Bank boaxd estimates
that more than 16 billion additional
dollars will be needed this year to
finance home buying.
Installment buying totals spurted
with the advent of the new auto
models and are now put at 22
billion dollars. At the same time,
the total of single-payment loans,
charge accounts and service credit
rose to IVz billion dollars.
Federal government debt is now
278^ billion dollars but hasn’t been
climbing much recently. State and
local governments, howevei-, in
creased their debt totals about six
billion last year and now owe
around 34 billion dollars.
Total business debt has .risen to
around 187 billion.
Farm debt has held around 16
billion, with nearly half of it in
mortgages.
Against this record of rising
debt, there is the other record of
growing savings.
For one example, the nation’s
mutual savings banks added nearly
two billion dollars to their de
posits last year, a gain of 8 per
cent, for a total of 26 ^ billion.
And they used this increase in
individual savings to hike the total
of their mortgage loans by 16 per
cent. They now hold almost 15
billion dollars worth of this form
of individual debt.
Bankers, and other managers of
the nation’s money and credit, say
that the growing total of debt isn’t
the important thing—what matters
is the relation of debt to income.
And they point out that in general
income has been rising as fast as
debt.
BETTER FOODS FOR LESS
THESE VALUES GOOD Till KS„ FKI., AND SATURDAY IN OUR BRYAN STORE — SOUTH COLLEGE AT HIWAY 6
Moslem Wives Veto
Po lyga my Pra dice
KARACHI, Pakistan—(TP)—How
many wives does your husband
have ? Does he let you help spend
his income? Did you have any
voice in choosing your husband?
These are some of the questions
being asked of 5,000 Moslem wives
by the All-Pakistan Women’s
Assn. It aims to set up a bill of
rights for the country’s women,
after analyzing returns from its
questionnaire.
The association was founded by
Begum Liaquat Ali Khan, Pakis
tan’s ambassador to Holland. She
is the widow of the country’s first
Prime Minister.
Behind the questionnaire is a
tradition. Moslem husbands have
dominated their wives, keeping
them at home and also pampering
them. The pampering has contrib
uted to the domineering, and vice
versa.
Hundreds of years ago, when
nomadic raiders considered women !
a top prize, husbands tried to pro
tect their wives by segregating
them and making them stay home.
The tradition of purdah—where
a woman is secluded from the sight
of all men except her hpsband—
grew up. Wives began to wear
veils. In public buildings, they sat
behind perforated stone screens.
The father often determined
whom a girl could marry. The hus
band was allowed four wives. He
controlled their finances and de
cided on almost anything they
migh want to do.
When Pakistan became indepen
dent, .moves were made to reform
Moslem society and emancipate the
woman. Many of the traditions
broke .down.
The All-Pakistan Women’s Assn.,
originally started to aid refugee
women, entered the controversy as
the practice of polygamy persisted
despite many attemps by women
to stamp it out.
Wealthy Americans
Aid Religious Work
By GEORGE W. CORNELL
NEW YORK— UP> —W e a 1 t h y
“It’s a desire to make a better
world,” said Marts,- president of
. . .... Marts and Lundy, fuffd-raising
Americans are investing big sums ! , ,
» counselors. I here s a greater so-
in God s business. I . , , .
, cial conscience among businessmen.
There used to be only a scat- . - - , „
, , . ... ... an increase in social responsibility.”
tered few religious-minded million-
Although John D. Rockefeller
j Jr.’s 20-million-dollar gift last
I month to strengthen Protestant I
I theological education is the biggest
aires who chipped in to support
the work of their churches, but to
day this is becoming a more com
mon practice.
“Many more businessmen who
have made big fortunes seem in
clined these days to make large
gifts to the religious enterprises
of the nation,” said veteran phil
anthropy expert Arnaud C. Marts.
.single religious donation ever made
it came as part of a growing trend.
Records kept by the John Price
Jones fund-raising agency of re
ligious gifts of $1,900 or more by
individuals, foundations or corpor-
doing it
Beyond the inevitable “You can’t! ations in 10 major cities, show a
take it with you,” why are they shar P climb since World War II.
| While such gifts totaled only
| $145,000 back in the early 1940s, j
they jumped to nearly two-million
in 1945, to 6V2 million in 1946,
sagged to the three-million-plus
bracket through 1949, then shot up
Ti
vers
O
(Continued from I’age 3)
Carroll and Manuel Garcia moved 1 a £ am .
the Tigers out into a lead they nev- *
er relinquished. S'* • I f'k r r*r
Early in the third quarter. Con- C>/1*// M-POJ CO SC Plati S
solidated scored on five consecutive / A & 1/ #
set shots while holding the visitors ^tCeSSeCl IflCet
scoreless to build up a 32-18 mar- j The Texas Home Demonstration
gin and coasted on to an easy v,c- Association is stre8 .sing Civil De-
fense and family preparedness to
Pacing the Tiger scorers were meet disaster as one of their ob-
(j&icici and O&irjroU ^vith XI points j jeetives for
while Schreiner and Pacher each Mrs. Grace Martin, State Coor-
tallied six points to garner high dinator in Civil Defense and Dis
honors for Sealy. i aster Relief of the Texas Agricul-
In a B game curtain raiser, tural Extension Service, who is ad-
Consolidated toppled Sealy 39-22 visor to the committee met in
for their fourth win against nine Houston Sunday with the chairman \
losses. High point man for the Mrs. H. C. Slife of Lake Jackson
reserves was Bobbv Potts with , 3 and District Agent Leta Bennett :
and Don Schroeder led the Sealy
scoring with 8 points.
of Richmon to make plans for dis
trict and state meetings. The com-
The Tigers travel to Waller to- mittee also worked on plans and
GOLDEN PEACHES
PURE LARD
Food Club—Sliced or
Halves — No. 2V2 Can
Armour's
3
Washburn’s
No. 1 Beans
22
39
2 ">* 19
lb. ctn.
Top Frost, Freestone, Frozen
PEACHES XA..
Top Frost, Frozen
SWEET PEAS
Top Frost, Frozen
CAULIFLOWER ,'C: 19c
12 Oz.
Pkg. „
19'
15c
© Patio Flavor Fiesta Mexican Foods •
PATIO CHILI - No Beans . . . No. 303 can 33c
PATIO TAMALES . . .
PATIO ENCHILADAS - .
PATIO MEXICAN BEANS
Com plete
PATIO MEXICAN DINNER pkg. 59c
. No. 300 can 19c
. . No. 2 can 39c
2 No. 300 cans 23c
BANANAS
LARGE ORANGES
GRAPEFRUIT
Central American
U. S. No. 1
Texas, Juicy,
Sweet
Ruby Red
U. S. No. 1
2 ibs 15c
2 ■>“ 49<
per lb.
8
Fresh, Juicy Sweet
PINEAPPLES
| U. S. No. 1 Pascal I C. S. No. 1 Texas—2 Lb. Cello Bag w Hks*
. each 29c j CELERY . ... 2 stalks 29 c | CARROTS JL9 C
ROSE BUSHES
2 Year old Tyler
2
for
89
c
SMOKED PICNICS
Mahawk Short Shank
6 to 10 Lbs.
lb.
VEAL SIRLOIN STEAK
Table
Trimmed lb.
29=
63
I able Trimmed, Veal s' | Table Trimmed, Boneless Rolled /•l Top Frost, Rreaded and Cooked /•
T-BONE STEAK .lb. 69 c j VEAL ROAST . . lb. 49 c J FISH STICKS . ^ . 45 c
STAR FRANKS “ . 39
l ull ( ream. American /"h I Armour’s Star Assorted /•/W I Mohawk, Sausage 4 /V „
CHEESE lb. 59 c j COLD CUTS .... lb. 49 c } CERVELAT lb. 49 c
45
DEVIL'S FOOD CAKE
Two 7-inch Thick Layers
Chocolate Iced
KOTEX
Regular
Super
or Junior
BOX OF 12
21c
morrow night for a district en
counter with the Waller Bulldogs.
recommendations for adapting such
programs to family needs.
★
These Are Just A Few of Many BIG BUYS