The Humble Echo (Humble, Tex.), Vol. 27, No. 43, Ed. 1 Thursday, October 27, 1966 Page: 4 of 10
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Published every f Thursday at Humble, Texas, by the Humble Publishing
Co. Entered as feecond class matter July 18, 1942, at the U.S. Post Office
in Humble, Texas, under the Act of March 3, 1870.
SUBSCRIPTION RATES rljEWSPAPERi
Humble Trade Area......$3.00 per year ^ "
Harris County..............$3.00 per year
Outside County.............$5.00 per year
Phone 446-3733 P.O. Drawer E John Pundt, Editor
Best Not Cheer Too Loudly
At a recent press conference, the
President, in summing up steps the
government would take to curb infla-
tion, indicated that he would ask for
a cut of some $3 billion in federal
spending. This is indeed good news—
if it is done. So far, there has been
little official recognition of the fact
that government spending and fiscal
policies are at the root of inflation.
Greatest present danger is that poli-
tical pressures will block any cuts in
spending. Instead, politicians may turn
to those proven failures, wage and price
controls. There is already talk of a
price freeze. What this will lead to is
graphically described by Don Paarlberg,
Professor at Purdue University:
“In the first act of the National melo-
drama, Price Freeze is the fair-haired
hero who would save Little Nell from
the villain, Inflation. But in Act Two,
he must request the aid of that law
character, Rationing, and in the last
Act the two must beg the help of that
ugly fellow, Subsidies. If the audience
knows all this and still wants to pay to
see the show, well and good. But they
had best not cheer too loudly, or too
early, when Price Freeze makes an
entry....”
Satire aside, the imposition of wage
and price controls is an admission of a
breakdown in fiscal and monetary self-
discipline on the part of government.
BIG STATE-BIGCAP
strsciglit /mlk
ON YOUR BACK
By Tom Anderson
Quick Way To Bankruptcy
One section of the medicare act,
known as Title 19, under which the
federal government is obligated to par-
ticipate with the states in defraying the
medical care costs of the “medically
indigent” is leading to an outpouring of
federal funds on a scale that appalls even
freespending congressmen. In the rush
to get medicare on the statute books,
Congress overlooked defining the term
“medically indigent.” The result is
that, as in the case of New York, state
legislation can be drawn to include a
large portion of the population as “med-
ically indigent.” In effect, Title 19 is
an open door to a national health service
on a scale that would bankrupt the
country.
Congress reeled when New York state
set eligibility requirements which would
permit so many persons to benefit under
Title 19 that the federal share would
be in the neighborhood of a staggering
$217 million the first year. Congress
had estimated that only $238 million
would be spent under Title 19 for all
the 50 states the first year.
In short, Title 19 is an excellent
example of legislative irresponsibility
at both the state and national levels.
All of the fine humanitarian objectives
of the welfare-state enthusiasts will
speedily come to nothing if they lead to
the destruction of the financial integrity
of government. A move is underway in
Congress to amend the medicare law, in
order to restrict spending under Title 19.
It cannot come too soon.
$15,000
Deposits insured to
The long-familiar $10,000 limit on Federal Deposit Insurance for deposits
maintained "in the same right and capacity" has now been increased to
$15,000.
This new $15,000 coverage has been put into effect automatically at this
bank on all savings accounts, checking accounts, certificates of deposit, and
all deposits which are legally and properly covered by this Deposit Insur-
ance protection. It will apply to new accounts, and to additions to present
accounts up to $15,000.
Your bank pays for this insurance protection, which supplements our sound
management policies in providing protection for your deposited funds. We
are happy to furnish this safeguard, and this higher amount of coverage,
to our depositors.
COMMERCIAL
STATE BANK
JENSEN DRIVE at TIDWELL ROAD 0X2-3565
"Where Service Makes the Difference”
Member F.D.I.C
THROUGHOUT history practically all
governments have been crooked. And ours
is no exception. The socialists who have run
our government continuously since 1933
have deliberately and continuously inflated
it—except for those few periods when the
economy got over-heated, as it is now. Then
these know-it-all master planners cool it
down by stealing more taxes from us, by
causing the banks to charge abnormally high
rates for money, and by other devious,
crooked and totalitarian measures. Political
opportunists and schemers have produced a
social and economic sickness caused by pro-
longed over-spending, over-taxing, over-bor-
rowing, over-stealing of government, and
over-kill of profit incentive.
The Great Society is taking us to totalitar-
ianism and economic collapse. Caesar-Bird’s
answer to inflation is to turn off the lights in
the White House powder room; to tell house-
wives to shop more carefully; to tell busi-
nessmen not to expand : to tell investors not
to speculate; to tell lending institutions not
to lend; and to tell businesses not to raise
prices. If this doesn't work—and it won't—-
Inflated-Bird threatens price controls and in-
creased taxes. I’m not sure that Johnson
doesn’t leant price controls. Price control is
people control. Price control is power.
Power-Bird has alwavs been power-obsessed.
Johnson enforces his price guidelines on
business while looking the other way when
union racketeers escalate their gouge. (The
union racketeers control me 'e votes than
businessmen do.)
Doctor Johnson’s “cures” are the germs
of more disease. High prices don’t cause in-
flation. Inflation causes high prices.
Preventing; inflation by forcing ceilings on
prices and wages is like preventing an ex-
plosion bv forcing a too onto a boding ket-
tle. The way to prevent the explosion is to
take the heat off the bottom. What is the
cause of inflation? Mainly our welfare state
government which has mushroomed beyond
the control and comprehension of the peo-
ple. Soon The Planners may sharply increase
your taxes to drain “excess purchasing pow-
er” away from you. They have already made
it extremely difficult and expensive to bor-
row long-term money.
“But aren’t our leaders doing the best
they can? After all, they have to pay taxes,
too!” exclaim the naive. Not so you—or
they—can tell it, they don’t. Not the rich
ones like Johnson. A large part of his fabu-
lous wealth, which he somehow acquired
while on the public payroll, is in tax-free
foundations and tax-free government bonds.
The super rich are little bothered by taxes,
or even inflation. Take the Kennedys for
example, if you can. The family is reported-
ly worth something like $400 million. Sup-
pose just half of that was in Federal and
municipal tax-free bonds averaging 4 percent
interest return. That would amount to $8
million tax-free income per year. The Palm
Beach and Hyannisport Villas can scrape
along middling well %h tlfff, while the Ken-
nedys’ hearts bleed for the disadvantaged.
L’l old you—the #verag^ Joe—is carrying
this outrageous government on his back
without even knowing it. He thinks it’s
carrying him. This is like a drunk driver
turning to his seatmate and asking: “Why
don’t you turn at the next block?”
Not the farmer, not the housewife, not
business, but only the Federal Government
can manufacture inflation and then succrss-
fully blame it on somebody else.
The creed of the Great Society is the same
as P. T. Barnum’s: “There’s a sucker born
every minute.” People are not on’y willing,
but eager to be fooled. That’s how politicians
survive. They’re thankful there are so many
foo’s—otherwise how could, they get re-
c1 acted?
MAKING THE MOST OF YOUR LIFE
By Harry Browne
The easiest way to throw away precious
parts of your life is by attempting to con-
trol that which cannot be controlled.
You, as a human being, are not*omnipo-
tent. Regardless of what the “positive think-
ers” might say, you can not control the world
just by thinking you can. There are definite
limits to your domain.
In every phase of your life, there are two
elements involved—you and the rest of the
world. What is vitally important is to recog-
nize the boundary lines between these two
elements.
When you are about to make a decision of
some kind, it is important to separate clearly
in your own mind the two elements—you
and the rest of the world. Your decision
should be based upon what you intend to
do in the area you control —yourself. But
if you base your decision on the assumption
that you're going to change the rest of the
world, you are setting yourself up for a fall.
For you only control yourself. You will
have an effect on the people around you.
But your plans can never be based on the
things you believe you can make other peo-
ple c!o. For those people will decide for
themselves what they will do with their
lives, just as you decide about yours.
As you look around you. you can sec many
ways in which the world can be improved—
so as to make life better for yourself and
others. But “out there” you are dealing with
sovereign human beings who are trying, in
their own ways, to make the most of their
lives.
And whre you are pre-oecupying your-
self with the rest of the world, there is a
great area—rioc for improvement—in which
you con’d affect great changes that would
make life more enjoyable for you.
Where is that area? Within yourself, of
course. And in that domain, you are king.
You have the power there to cause great
improvements.
I’m not saying that the whole world will
be better off for the improvements you make
in yourself. I’m saying that you'll be better
off for the changes you make.
There isn’t a single problem in that world
out there that doesn’t have a corresponding
action within yourself- that would help to
alleviate it.
Are there thieves and robbers in the
world? You won’t cure the problem by try-
ing to change the world. But you can make
a vast difference by learning how to protect
your own property.
Are their people who are offensive, rude,
fraudulent? You’d have an impossible task
trying to reform them. But you can effecti-
vely deal with the problem by learning how
to avoid such relationships—by learning how-
to spot the “good” people in advance and
avoid the bad.
That may not seem like a solution to you
—simply because it won’t do away with the
bad people, and because it seems like it re-
quires a lot of work on your part. But it
would be even greater work to try to change
the world. And the bad people will be with
us always. What we can change is our ability
to neutralize their badness.
Next time you feel compelled to strike out
at the world, stop for a moment. Realize
that your striking will not change the. world
one icta. But recognize how you put your-
self in this nosit ion. And ask yourself what
change could be made in you 'that would
leave you out of the reach of those who
woukl harm you.
WASHINGTON COMMENTS
Dramatic Gains
Y U.S. SENATOR RALPH YARBOROUGH
This second session of the 89th Congress is rapidly
drawing to a close. There have been many legisla-
tive victories for the people of this Nation this year.
So let us take a quick look at this past week in Con-
gress for some dramatic gains made for Texas with
bills which I have worked for and now have been
enacted into law.
These include the Guadalupe Mountains National
Park, the Elementary-Secondary Education amend-
ments, the Higher Education amendments, the Fed-
eral participation in HemisFair in San Antonio, and
the Public Works Bill with many Texas projects.
These bills have great potential for Texas progress
and growth in education, water development, con-
servation, and tourism.
One of the breakthroughs was the Gudalupe Moun-
tains National Park bill. This is a project that I
have been working on for more than 3 years, since
1963, when my bill to create this third national park
in Texas was first introduced into the Senate of
the United States. The bill for this 76,302-acre
Guadalupe Park was sponsored in the House by able
Congressman Richard White of El Paso who was
diligent, effective and successful in supporting it.
This Trans-Pecos mountain area is not only a tim-
ber-covered hideaway for wild birds, elk and deer
in these green canyons shielded by the tallest peaks
in Texas, 95 miles east of El Paso, and only 35
miles southwest of Carlsbad Caverans, but it is an
outdoor laboratory for study of the fossil reefs once
covered by an inland sea some 200 million years
ago. It is a worthy addition to our national park sys-
tem.
Another bill victory is one with far-reaching ef-
fects for our school children in Texas. That’s my
amendments to the Elementary-Secondary Education
Act of 1966 to make a better and wider program.
My amendment corrected the formula for money
distribution between states under this act, so that the
poorer per capita income states—such as Texas—
will get a better break, effective in 1967. This change
will mean more than $26 million a year more for
the school children of Texas, beginning in 1968,
than they would receive under the present total ap-
propriation. And of course, if the appropriation na-
tionally goes up, Texas children will correspond-
ingly receive a greater percentage.
CHURCH
CALENDAR
SPONSORED BY:
ROSEWOOD MEMORIAL PARK
HOME TELEPHONE CO.
THE LOG CABIN RESTAURANT
Humble Presbyterian Church, Old Courthouse, Rev.
Bill Loessin, Sunday School 9:30 a.m., Church 11 a.m.
a.m.
First Baptist Church, 400 Main St., Everett S.
Martin Pastor, Sunday School 9:45 a.m., Church
10:55 a.m., Evening Services 7:30 p.m., Wednesday
7:30 p.m.
Lakeland Baptist Church, Isaacks and Old Hum-
ble Road, Owen Dry Pastor, Sunday School 9:45 a.m.,
Church 10:50 a.m., Church 7:50 p.m., Wednesday
7:30 p.m.
Church of Christ, 621 Herman St., Herbert Thornton
Minister, Sunday School 10 a.m., Church 10:50 a.m.,
Evening Worship 6 p.m., Wednesday 7:30 p.m.,
Bible class 9:30 a.m.
Methodist Church, 800 Main St., Bill Turner Pastor,
Sunday School 9:45 a.m., Church 11 a.m., Evening
Worship 7 p.m.
Evangel Church, 119 S. Houston Ave., Irby E.
Slaughter Pastor, Sunday School 10 a.m., Church
11 a.m.
St. Mary’s Catholic Church, 400 S. Houston Ave.,
Father George Swilley, Sunday Mass 8:30 a.m.,
11 a.m., Evening Mass 6:30 p.m., Wednesday and
Saturday Mass 7:30 p.m.
First Assembly of God Church, 410 Granberry
St., G.L. Johnson Pastor, Sunday School 9:45 a.m.,
Church 11 a.m., Childrens Church 6 p.m., Young
Peoples Church 6 p.m., Evangelistic Service 7 p.m.
Forest Cove Baptist Chapel, 1711 Hamblen Road,
Thomas F. Henderson Pastor, Sunday School 9:45 a.m.,
Sunday morning worship 11 a.m., Sunday evening
worship 7 p.m.
Episcopal Church of the Good Shepherd, 702 Atasco-
cita Road, Father Douglas W. Hutchings, Chuxch 9 a.m.,
Church School follows worship service.
First Assembly of God, Porter, Texas on FM Road
1314, B.B. Follis, Pastor. Sunday School 9:45 a.m.
Church 11 a.m., Young People 6 p.m., Evangelistic
Service 7 p.m.
Holy Comforter Lutheran Church, 702 Atascocita
Road, Rev. George Brookover. Church 11 a.m.
The United Pentecostal Church, 217 S. Ave. G.,
Rev. Dewey Nix, Sunday School 10 a.m., Church 11
a.m.
St. Matthew’s Lutheran Church, Westfield, Texas,
E.R. Rathgeber Pastor, Sunday School 9 a.m., Church
10 a.m.
Lakeview Park Baptist Mission, 4 1/2 mi. west on
FM 1960, Joe Silvio * Pastor, Sunday School 10 a.m..
Church 11 a.m.
First Baptist Church, Eastex Oaks. 7534 N. Belt
Dr., Sunday School 9:45 a.m., Church 11 a.m., Training
Union 6 p.m., Evening Worship 7 p.m.
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Pundt, John. The Humble Echo (Humble, Tex.), Vol. 27, No. 43, Ed. 1 Thursday, October 27, 1966, newspaper, October 27, 1966; Humble, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1036889/m1/4/: accessed July 9, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Humble Museum.