Document:LP News 1974 May-June Issue 20: Difference between revisions

Document:LP News 1974 May-June Issue 20 (view source)

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 -/- [[Eric Scott Royce]]
+=BITS & PIECES=
+==MILTON FRIEDMAN PREDICTS GOLD PRICE PLUNGE==
+Libertarian-leaning economist [[Milton Friedman]], writing in Newsweek (4/22/74) predicts a sharp drop in the price of gold--from today1s $170-180 range down to the $60-$140 range. Friedman argues cogently that gold prices have been artificially bid up in recent months, and that a price of $100/oz, give or take $40, is more in line with general trends in commodity prices since gold was demonetized by FDR in 1934, Friedman's piece makes sense, and is worth reading; it could save you from being taken in by 11gold hustlers.11
+==INFLATION DOUBLES COST-OF-LIVING IN TEN YEARS==
+Did you know that even the government now admits that the cost of living is up 65% since 1964? And that's for after-tax income; i.e. it takes $16,500 after taxes today to equal $10,000 after taxes in 1964. After allowing for the effects of being in a higher tax bracket, and the inevitable “hedging” by the government in reporting inflation, it is safe to assume that Americans today need to earn $2 for every $1 they earned ten years ago, just to “keep even. “ And at present rates of inflation, the cost of living will double again by 1981.
+==CAMPUS STUDIES INSTITUTE OFFERS MATERIAL==
+[[Campus Studies Institute]], a moderate libertarian educational outfit, is offering a two-for-one book bonus to college students: copies of Solzhenitsyn's Gulag Archipelago and Richard Grant's libertarian classic, The Incredible Bread Machine both for $1. For non-student prices, and for samples of CSI's excellent posters and brochures, write them at 1172 Sorrento Valley Road, San Diego, California 92121.
+==ISI OFFERS ROPKE BOOK, ANNOUNCES CONTEST==
+The [[Intercollegiate Studies Institute]], another libertarian-leaning educational outfit, is offering copies of Wilhelm Ropke Is Humane Economy at 75¢ for one, with prices as low as 30¢ in quantity. ISI is also sponsoring an essay contest for college undergraduates; it is honor of the late [[Ludwig von Mises]], and ISI will award $2,000 in prizes. Deadline is July 15, For info on both the book offer and
+the contest, write ISI, 14 s.  Bryn Mawr Ave., Bryn Mawr, Pennsylvania 19010.
+==GARY PERESSINI IS NEWEST LIFE MEMBER==
+[[Gary Peressini]] of Montana has become the 19th Life Member of National LP; many thanks, Gary. If anyone would like to become nunber 20... or, better yet, our 7th Life Sustaining Member... please don1t hesitate to do so!
+==COLD FACTS ABOUT THE 11ENERGY CRISIS"==
+An excellent analysis of the causes of energy shortages--and the use of trumped-up 11crises11 as an excuse for ever-greater controls--is given in an article entitled 11Energy Can.Be Made Cheap and Abundant,11 which was written by Petr Beckmann and published in Human Events. Reprints are available from Human Events, 422 First Street SE, Washington,DC, 20003, for 50¢,
+==A NOTE ON ROYCE REPORT SUBSCRIPTIONS==
+Apparently, it has not been made clear how subscriptions to [[The Royce Report Congress]] are sold. The $5 subscription fee is for a four-issue “set” covering a complete two-year Congressional session; if one subscribes in mid-term, one receives the back issues and the remaining future issues for that term, and
+not four future issues overlapping two sessions. Single issues are available at $1.50.
+MARLOW COOK ON FEDERAL ELECTION FINANCING
+On April 1, 1974, Senator Marlow Cook (R-Ky) made the following remarks about the proposed Federal financing of campaigns: “I am afraid we are looking at a bill that will absolutely build in no more than two parties...I have serious misgivings about this, because nowhere in the Constitution did we say how many parties there shall be in this Nation. Yet, I am afraid that by this bill we may well be doing that...saying, 1Here are the two giants, and the third shall always be last.” [ Congressiona) Record, page S4925]	Write now to your Senators and Congressman, to express your opposition to Federal campaign financing. And send a letter to your local paper, quoting Senator Cook, and pointing out the implications for free elections.
+==LP MEMBER IS NEW BFL EDITOR==
+[[Karl T. Pflock]], a long-time LP member, has been appointed the new editor of Books for Libertarians. Those interested in writing for BFL should contact Karl at 1726 N. Veitch Street, Arlington, VA 22201. Congratulations, Karl!
+==CALIFORNIA GROUP FIGHTS BALLOT BARRIERS==
+Voters Choice Initiative is a California group working on a referendum to lower the number of petition signatures required to get on the ballot in California from 10% to a more reasonable 1% of the most recent gubernatorial vote. They deserve help; send contributions to them at 3974 Wilshire #2, Los Angeles CA 90005.
+ LP NEWS is published bi-monthly by the National Office of the Libertarian Party. Items of interest to LP members are welcome. [[David F. Nolan]], Editor.<br /><br />Subscriptions: $3/6 issues; $5/12 issues. Membership in LP National includes a subscription to LP NEWS; no extra payment is necessary.
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