Masonry Magazine June 1966 Page. 26
STARK
STRUCTURAL
GLAZED TILE
LOWEST MAINTENANCE SCRATCH
RESISTANCE FIRE-PROOF SAFETY.
UNEQUALLED DURABILITY INITIAL
ECONOMY. PERMANENT COLOR
Only Structural Glazed Tile offers all of these performance, esthetic and economical advantages for wall construction. Only Stark offers Structural Glazed Tile in such a wide variety of types to satisfy requirements of fire safety, sanitation, economy and design versatility.
NEW FEATHEREDGE
COVE BASE...
Eliminates need for recessed floor construction. Stark Featheredge base may be installed after floor construction to accommodate resilient type floor coverings.
STARK
CERAMICS, INC.
CANTON 1, OHIO
26
Washington Wire
(Continued from page 11)
largest single unknown in any attempt to chart the economic outlook. Here are some facts that could help guide your thinking.
The new Budget assumes that the war will be won in June of next year or at least that the U.S. effort will be over the hump. Put another way, officials based plans on being able to ease up by June. So, present policy calls for procuring only part of what will be needed until then. The rest is to come out of existing supplies of ammunition, bombs, etc.
BUT WHAT HAPPENS IF THE WAR KEEPS ON HEATING UP beyond the next 12 months? Those existing stocks would be exhausted. Procurement would then be stepped up... substantially... to replace the flow out of inventory with current production. There is no provision for such a step-up in the Budget for fiscal 1967, the new Federal accounting year dating from July 1. Thus, the President would have to ask for some extra appropriations from Congress.
The deadline for a decision on a request to Congress is this December. The extra material won't be needed until the July-December period of 1967. But, to get deliveries by that time, orders would have to go out early next year. Delaying until December also puts off the decision until after elections.
ANOTHER RUSH OF ORDERS WOULD STRAIN THE ECONOMY ANEW. It would come on top of present procurement and still big demands of the private economy. And the orders would hit just as union bargaining is pushing up labor costs. This is why there is so much concern about inflation and prices for 1967-perhaps even more than the concern expressed about the rest of 1966.
One key conclusion suggests itself: If you don't believe that the civil strife in Saigon will force an American pull-out... or that the war will end or abate a year from now... you had better prepare for sharply higher defense outlays.
Officials suggest that this could well mean a new lease on life for the aging business boom-a strong new upsurge, one that shows up early in 1967, just when a recession was due.
WASHINGTON IS BRACING FOR HUGE NEW LABOR DEMANDS... and a new threat of inflation. The trouble will not hit right away... but, rather, next year. Little union bargaining is going on now. The big contracts expire in 1967. The unions will then be out to get a larger share of the nation's prosperity than they have been receiving under agreements made in less boomy periods.
Labor feels that it has made no real progress over the past 12 months. "Real spendable pay"-take-
MASONRY June, 1966