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★ STAINLESS STEEL!
★ GENUINE AGATRON HANDLES!* ★ SERRATED EDGES--- ◄ NEED NO SHARPENING! 4 ★ ATTRACTIVE IN ANY TABLE SETTING! Treat’s right_here’s a real bargain. You send only one package top from any size package of Pillsbury Pancake Mix (plain or buckwheat) plus the coupon below and ... You can get as many as 8 of these stainless steel steak knives for only 25£ apiece. Retail value $1.15 each. How come? Because we want you to try Quick-Light Pillsbury Pancakes. We want you to see just how quick they are to make— how light and fluffy to eat. They’re economical, too . . . only a few cents a serving. Fair enough? Then hurry to your grocer . . . knives this good at prices this low just can’t last. Supply is limited. First cpme, first served. USE HANDY COUPON... CUP AND MAIl TODAY! Pillshwry Mills, Inc. Box 600, Dept. TW Minneapolis, Minn. I am endneing $_ and one boxtop (or sack top) from a package of Pillsbury Pancake Mix, plain or buckwheat. Please send me_ stainless steel steak knives as described. Limit 8 to a customer, (please print plainly) Name__ __ — City^,_State_ Offer good in Continental U S. and Hawaii only—expires Dec. 31,1948. Plain or Buckwheat ~ -- WHY YOU WON'T SELL APPLES IN 1949 Continued pom paRt five tage of its capacity and with mil lions of unemployed. At the end of the war, Soviet economists — and the generals urged them on — rubbed their hands in anticipation of the inevi table capitalist depression, from which the Russians would stand to profit. America’s financial posi tion would be too weak to enable the U. S. to aid Western European governments against Soviet ex pansion; a depression would turn America’s attention inward. What saved the United States from the economic collapse that would have been fatal to its dreams of a free world at peace? The impatience of the Russian leaders. They were not con tent to sit behind the crene lated walls of the Kremlin and wait for the “inevitable.” Almost immediately after the signing of the Potsdam agree ment, they began to expaiOT their sphere of influence in a manner not calculated to allay the suspi cions of the U. S. They flexed their muscles in Germany, Aus tria and Italy. In the United Nations they pursued an obsti nate course of all-or-nothing. Then the unexpected happened. Fast Haply America, which had disbanded its army and disposed of its war material, saw Russia actively mo bilizing Communist forces in Europe. To embattled Greece, to threatened Turkey, America sent arms, food and money. Before long, the policy of aiding non-Communist governments in Europe was placed on a broad, systematic basis: the Marshall Plan. Huge loans, food and ma chinery headed toward Europe. Even then Russia might have been able to sit back and let normal American reluctance to tinker in European affairs scuttle the Marshall Plan. Instead, the Soviets chose to sweep non-party-liners out of Czechoslovakia by force. The reply from Washington came with heartening suddenness for Euro pean democrats. The European Recovery Program, with most of its good works intact, was whisked through Congress in a demonstra tion of bi-partisan unity. That wasn’t all. Slowly, with much grinding of gears, the ma chinery of disarmament was re versed. Orders went out for bigger and faster aircraft; the Army was expanded; the military budget was set at a peacetime high: fourteen billion dollars a year, almost three times as much as the Marshall Plan No K* Crash Instead of an economy which threatened to crash, through its own topheaviness. the. American productive apparatus is now find ing its markets in a fat foreign-aid and armament program. Instead of a depression, we are today en joying a record prosperity. Em ployment figures have hit an all-time high. And there is no evidence that this tremendous economic rise will be interrupted in the predictable future. Indeed, competition between small consumers, the military and the foreign-aid program is actually forcing prices up. This inflation causes some hardships and may lead to a temporary re cession — but the cushioning effect of the present government expen ditures has almost certainly elimi nated the possibility of a large scale deflationary depression in 1949. And whatever happens later, the important thing for Americans right now is to be able to afford the European Recovery Program until western Europe is back on its feet. The Last Laugh Undue optimism can still be dangerous. No economist can guarantee that there will not be recessions or periods of readjust ment in the near future or a seri ous depression in years to come. But whatever happens it will not be in the manner nor at the time predicted by the Russian theo reticians - thanks to their own unwitting assistance. In whatever obscure cubicle Professor Varga is now sitting in repentance, he must occasionally smile to himself at the thought that his accusers are proving him right. The End “I bid on every item last week, but I didn’t get caught oncel” TW