PAGE SIX
UNIVERSITY DAILY KANSAN, LAWRENCE, KANSAS
TUESDAY, SEPTEMBER 26, 1950
The Editorial Page-
Inflation Insurge
The government's initial curbs on buying and installment credits are a puny approach to a problem daily becoming more serious.
The order regulating the inventories of scarce materials will be difficult to enforce. It sets up the standard of a practicable minimum working inventory—defined as "the smallest quantity of material from which a person can reasonably meet his deliveries or supply his services on the basis of his currently scheduled method and rate of operation." But what's "reasonable"? And what's "current"?
There are no restraints on the "ultimate consumer" of such things as rubber tires and nylon stockings. Already there has been scarce buying of many of the listed items. Purchasing power is at a record or near-record peak. In view of the expectable boom business, wouldn't it be" reasonable" for a businessman to buy all he can expect to sell? The Wall Street Journal has just completed a 12-city survey which showed that retailers are still selling about all the hard goods they can get their hands on. Wouldn't it, therefore, be reasonable for them to expect to sell all they can get their hands on?
Moreover, in view of the stockpiling that so many businessmen have been engaged in since the beginning of the Korean war, wouldn't a continuation of stockpiling be on the "basis of currently scheduled method and rate of operation?"
Maybe the regulation will hit some of the more blatant hoarders. But the division between what is criminal and what is legitimate purchasing for businesses is a zone rather than a line, a zone broad enough to cover a lot of unessential uses of essential materials.
Then there are the credit restrictions. Persons who can't pay one-third down on a new car (counting trade-in value) and pay the remainder in 21 months, persons who can't pay 15 per cent down on refrigerators and pay the remainder in 18 months are risky customers under any circumstances. These mild restrictions will leave untouched most of the potential purchasing power pumping up the inflationary balloon.
Tens of millions of men and women, paying their insurance premiums and buying groceries, would, we think, grimly welcome sooner rather than later the "stabilization" measures that must inevitably come. Whether they would welcome or not, it is the responsibility of leadership to advocate what is necessary. But the government marks time till the November ballots are counted, while the economic forces surge ahead.-St. Louis Star-Times.
America's rice crop has grown steadily throughout the past decade of Asian rice shortages. The 1949 harvest of almost 90,000,000 bushels was grown in nearly equal fourths in Louisiana, Texas, Arkansas, and California. Cuba is normally the No. 1 customer for the U. S. crop, which exceeds domestic demand.
Uncle Sam's production of coins has been sharply reduced since the high-spending days of World War II, notes the National Geographic Society. From an all-time peak of 2,646,134,101 domestic coins minted in the 1945 fiscal year, the figure dropped to 911,257,266 for the 1949 fiscal period.
Little Man On Campus
by Bibler
"What da ya say we circulate a rumor that the best way to keep welfarism from being taught in schools is to pay teachers capitalist wages?"
Dear Editor--
'Mismated' Man
Dear Editor,
After reading with considerable interest the letter from a College senior in your Sept. 20 publication, I would like to make the following reply to Miss Name Withheld By Request:
You think you've got troubles? Listen to this. I am classified as a veteran—a single veteran, honey. However, doggone it, I am only 20 years of age. I'm starting K.U. as a freshman this year.
Now, I estimate that a fellow ages about twice as fast as he should during a three-year term in the air force. That makes me 23. Okay, I am 23 and you (a senior) are only 21.
Why don't you and I get together some moonlit night and talk this thing over, huh?
Freshmen with whom I am associated (by necessity rather than choice) are about 17 or 18. You know, Miss College senior, it bothers my conscience to date these children—and the older girls are beyond my reach. I am doomed to spend my four years at K.U. as a mismated man unless some drastic steps are taken.
Pete, a womanless man
(Name withheld by request)
Editor's note: We apologize for Pete's misnamed. He calls himself a mismated man, but according to Webster he made a mistake which is misleading. Pete is merely a mismatched man.
Editor Pleads 'Not Guilty'
A flood of accusations challenging the authenticity of a letter to the editor printed Sept. 20 have been voiced. To avert a continuation of false assumptions, the editor-in-chief hereby denies that said letter was fabricated.
Entitled "Male Shortage," the article which seems to have created a mild uproar of either protest or sympathy was actually submitted to the University Daily Kansan by a College senior. Incidentally, the editor is a JOURNALISM senior.
For readers who have been sending the Kansan anonymous mail, it should be explained that all letters must be signed before they are considered for publication. Upon request, the writer's name will be withheld.
News Room
K II 251
Student Newspaper of the UNIVERSITY OF KANSAS
Adv. Room K.U. 376
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Editor-in-Chief
Employees Green
Managing Manager Business Manager
John Hill Forrest Bellus
Asst. Managing Editors .. Faye Wilkinson
    Emily Stewart
    Evelyn Intuce
    Bill Stratton
City Editor .. Francis Kelley
Assistant City Editors .. John Corporon
Deweyane Oglesbee
Classified Print
Arthur McIntire
Photograph Editor .. Edwyn Chandler
Society Editor .. Patricia Junsen
Asst. Soc. Editor .. Janet Ogan
Melva Lutz
Advertising Manager .. Gerald Mosley
National Adv. Man .. Dick Nash
Circulation Ad. Manager .. Charlotte Geesey
Distribution Manager .. Sam Etiel
GLASSES SHOULD SERVE two purposes . . . To help you see properly and help you look well. We will provide you with the latest styles.
Lawrence Optical Co.
1025 Mass.
Phone 425
NEW FICTION and NON-FICTION for GIFTS and for YOUR OWN LIBRARY
BE YOUR OWN BOOK SELECTION COMMITTEE
Develop your judgment and taste in reading by choosing your books from The Modern Library.
270 Titles in Fiction, Philosophy, History and Drama at $1.25. 74 Giants at $2.45. Ask for our latest catalogue.
Patronize the Advertisers in the University Daily Kansan.
-by Taking the Train
"Here's how I see it. My car is ideal transportation for short, around-home trips and I want to keep it in A-1 condition. But long drives are a strain on both me and the car. So I save my nerves and my car by using the train. Too, I like train comfort and convenience."
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Our friend also is sure to enjoy those celebrated Union Pacific meals. During September our featured dining-car attraction is tender, crispy fried chicken. In October, it's charcoal broiled steak.
See your local Union Pacific Agent for descriptive literature, reservations and travel information.
S
UNION PACIFIC RAILROAD
UV