The home journal. [volume], August 27, 1952, Image 3

About The home journal. [volume] (Charlotte Amalie, St. Thomas, V.I.) 1951-1973

Image provided by: University of the Virgin Islands

                
THE HOME JOURNAL
A Virgin Islands Publication
Published Every Monday,
Wednesday and Saturday
EARLEB. OTTLEY ... . .. Editor
5 cent a copy, 50 a month,
$5.00 a year $7.00 abroad
Advertising Rates on Request
Wednesday, August 27, 1952
The 40c Dollar
The average family hard
ly needs auy survey or fi
gurestoknow thatitis
fighting a losing battle a
gainst the ever rising cost
of living, But these figures
and surveys tellus how
current conditions campare
with the past, and let us
know whether things are
improving or not,
According to the latest
study made by the U.S. De
partment of Labor, taxes &
the spiraling cost of living
force the average American
to spend 10 percent or S4OO
more than he earns. These
figures were for 1950, but
living costs and earnings
have increased more or less
in proportion since then.
Since 1930, the fortunes
of the American family have
progressively d e c reased.
Twenty years ago the aver
age American was able to
save ]O per cent of his in
come after personal taxes.
In 1941 he was only break
ing even. That he is spend
ing S4OO more than he earns
today means that he is de
pleting his savings or going
heavily into debt. And the
end is not yet in sight.
If the average family on
the mainland is in such a
tough economic squeeze, it
takes little imagination to
realize how hard hit are ta
milies in theseislands
where wages are not only
c 'nsiderab.y lower than c=
the mainland, but where al
so living costs are consid
erably higher. It is little
wonder that so many
The Home Jburnal
natives are finding it im
posibles to make a living
and are flocking t o the
United States.
_ It is estimated that the
dollar is now worth 52c in
‘terms of what gnods and
’serv'ces it can purchase on
’the mainland. It must be
less than 40c in the Virgin
Islands. Those persons who
talk glibly about prosperity
and boast that things have
never been better, are talk
ing plain poppycock.
Mena Heads Bar
Association
Judge George A Mena
was elected last w e e k as
president of the Virgin
[slands Bar Association. He
succeeds Disirict Attorney
Cyril Michael.
Other officers named in.
cluded Harry Dries, v ice
president; William Bailey,
secretary, and Jorge Rod
riquez, treasurer.
Leeward Is. Gov.
Will Visit
Sir Kenneth Blackburne,
Governor of the Leeward
islands, has sent wo : d
from his capital at Anti
gua that he intends to
make a visit to the British
Virgin Islands from Sept
ember 4 to September 14.
As he usually goes to
Road Town by plane via
St. Thomas, that means
that he will probably pass
through St. Thomas on the
dates specified above.
RN PN NN TN WP o
Register
All First Graders who will
attend Washington School in
September at the school build
inrgon Thursdy, Aug. 28, 8:00
A.M. t05:00 P. M. Please bring
birth or baptismal ceriificates.
‘ B. Andre
Principal
S s
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