Vice President Gerald Ford recently endorsed high interest rates at a bankers' meeting at White Sulphur Springs, Virginia. He said that the fight against inflation "requires a restrictive monetary policy that means, among other things, the discipline … [Read more...] about THE FEDERAL RESERVE
LAND USE PLANNING ACT
The largest single investment the average individual makes in a lifetime is usually a home to live in. The right to buy, use, enjoy, sell, or leave this home to a spouse and children is sanctified by law and essential to what we call the American way … [Read more...] about LAND USE PLANNING ACT
COMPUTERS
Computers are an American invention, and we have stayed far ahead of the rest of the world in their development and production. Our second, third and fourth generation computers are the envy of the Communist countries. A computer is not just a … [Read more...] about COMPUTERS
CUT FEDERAL BUDGET
Polls and commentators keep reminding us that Watergate has caused the American people to lose faith in their government leaders. But this dark cloud has one bright silver lining. The public's loss of faith in government officials has been … [Read more...] about CUT FEDERAL BUDGET
Failure of Government Controls — April 1974
FAILURE OF PRICE CONTROL
Most elections are dominated either by the personality of a candidate, or local problems, or a mix of issues. But there were two national elections of the 20th century which constituted clear-cut referendums on a single issue. In 1920, the election … [Read more...] about FAILURE OF PRICE CONTROL
SHORTAGE OF BREAD
In the nearly 200-year history of our country, we have never before run short of bread. Even in wars, severe drouths and floods, we have always had enough of the staff of life. Usually, we have had magnificent wheat surpluses. Now our Government … [Read more...] about SHORTAGE OF BREAD
GOLD
What is the best investment a citizen could have made during the last five years to protect his family from galloping inflation? Not common stocks. Not government bonds. Not city real estate. Certainly not life insurance, or annuities, or … [Read more...] about GOLD
BUSINESS LOAN TERMS
If you go to your bank to float a business loan, the bank will fully investigate your credit history and your plans to repay the money. If you pass this financial third degree, then you get around to terms. If you are a blue-chip company such as … [Read more...] about BUSINESS LOAN TERMS
THE SOVIET GAS DEAL
Natural gas is the cheapest and cleanest of our energy sources. Although gas is in short supply on our East and West coasts, our Government's policies toward solving this shortage, in the words of Alice in Wonderland, grow "curiouser and … [Read more...] about THE SOVIET GAS DEAL
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