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Page 14 text:
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If prices continue to climb steadily many people will cease buying certain commodities and buy those of cheaper and poorer quality. By buying those of cheaper quality they may become ill and discontented and discontent and inflation are two primary factors in the starting of a depression. Prices have increased five per cent since the United States first sent troops into Korea. As the United States has not form- ally declared war against any nation or country, I see no reason for this terrifying leap in prices. Mary Brett 152 BETWEEN TH E333 QUJETSB As I write this article, the work of publishing this year's WNautilusn is well under way. The yearbook staff and their ad- visor, Mrs. Ross, are working hard to produce this 1951 issue. The Literary Editor is selecting a few good stories which were written by the students for their English classes. The Sporm Editors are totaling up the individual scores and quarters, while the Business Managers are making arrangements for the placement of advertisements in the NNautilus.n The Departmental Editor is collecting articles assigned by, and written for, her of the courses of study given at W. P. H. S, The Joke Editors are compiling a collection of a number of good anecdotes to be published in the joke section of the yearbook, while the Art Editor is designing the introductory pages to each of the different sections of the nNautilusN and drawing Cartoons. The Exchange Editor is writing letters to different schools, offering to exchange yearbooks, while the Alumni Editor is check- ing up on the addresses of the recent and not-so-recent graduates of this high school. The Social Editor is writing the school news and school doings since September 5, The Editor-in-Chief gnd,Lhistassistant are checking all this material besides writing the senior statistics. Then it is passed on to Mrs. Ross for a final proofreading and correction, The Mimeograph and Mimeoscope Operators have the machines in use constantly and the Typists are doing a very creditable job in typing the stencils. We of the WNautilusW staff wish to express our thanks to Mrs. Ross for all she has done in producing this issue. Connie Dolphin '53
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Page 13 text:
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565193 Q QN Tllill 1. ' 7 Saturday Mrs. Allen went td town to do her shopping'for the week. At the grocery store she purchased ten dollars worth of groceries. Fifteen years ago she could have purchased the same amount of foodfku'one half or one third of what she paid Saturday Millions of housewives all over the United States are faced with the same problemg that of higher prices than their income will allow, q On January 26, Eric Johnston, the Economic Stabilizer of the United States government, summoned Michael Disalle and his lieu- tenants to his office to see what could be done about the matter. Michael D1Salle holds the truly important job of being Price Stabilizer under Eric Johnston. It is up to him to prevent a na- tional emergency by inflation and to find the medium of prices best suited to the country. As of January 25, they decided, all prices except those of real estate, professional fees, publications, broadcasting, in- surance rates, transportation fares, and rents would be frozen at the gighest level they had reached between December 19 and Janu- ary 5. Food products already selling at parity prices would be fro- zen as of January 25, but those selling below parity would be allowed to rise until they reach parity prices. All fresh fruits, vegetables, fresh fish, and sea food would be exempt from any price control. Also to stop black market meat operators, only those oper- ating as slaughterers will be able to slaughter and except for farm slaughterers all must register with the O. P. S. and get a number to stamp on all meat sold. These are only temporary measures that the government has worked out and were taken to prevent inflation, blackmarketing, and even rationing. All these measures have met with disfavor by the public. Protests have poured into the O. P. S. at Washington from the laborers, consumers, and manufacturers because wages are fixed and prices are left too high and flexible. The farmers and meat- men are sure that there will be blackmarkets again. However, specific ceilings made by economists, lawyers, and commodity experts have already replaced the freeze of January twenty-fifth on cars, hides and similar articlesl. Some of the ceiling prices may be lower than the freeze prices andsubstantial deductions may be made.
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Page 15 text:
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