Page 693 - 1970S

14

another disrupting factor in economics

- the establishment of a

debt-based,

buy-now-pay-later society.

Today's society -

especially in

America, but also in any other urbanized

society- is

based

on debt. Debt is

virtual!y

required!

A family cannot

become "established" in society unless

their borne, cae, and most of their fur–

nishings are all bought on credit

The

PLAIN TRUTH

(meaning

debt) oc

by the use of

debt

cards

(

called "credit cards").

Citizens of the United States now

owe other citizens of the U. S. two

tril–

lion

dollars! This unbelievably large

number boils clown to $10,000 of debt

for each American man, womao, and

child.

If

Americans

refm ed

to go any

further in debt, our economy as we

know it would

collapse.'

Multi-billion-

HOW

your PLAIN TRUTH sub–

scription has been paid

Many ask, "WHY can't 1 pay

for my own subscription? HOW

can you publish such a quality

magazine without advertising reve–

nue?"

This organization operares in

a

way

none ever did before. These

entire worldwide enterprises started

very small. The Editor had given

a series of lectures in Eugene, Ore–

gon in 1933, on the laws of success

in life. Individual failures and col–

lective world troubles have resulted

from wrong principies which moti–

vate human society.

This world's approach to life

operates on the philosophy of self–

ceoteredness - of gettiog, acquir–

ing, and of envy, jealousy and

hatred. The lectures reversed tbe

approach, showing that the way to

real success

-

peace, bappiness and

abundant well-being - is

the way

of outgoing concern for others

equal to that for self - actually

the

giving,

serving, cooperating

way.

Response was surprising and en–

thusiastic.

A

number of lives

about-faced. The manager of Radio

Station KORE, and about a dozen

others of very ordinary means,

volunteered to contribute regularly

toward getting tbis knowledge to

tnore people by radio.

For seven years previously, the

Editor had envisioned a monthly

magazine to be named

T

h e

PLAIN

TRUTH. Now, by starting it as a

mimeographed "magazine" the way

had opened.

The first week in January 1934,

The

WORLD TOMORROW pro–

gram started on the air. On Feb–

ruary 1, that year,

The

PLAIN

TRUTH made its most bumble

bow. Response was gratifying. lt

was something

different

-

some–

thing

right

-

something vitally

needed

-

something containing

vitality and life!

There was no request for con–

tributions.

It

proclaimed the

giving

way, and had to practice what it

advocated.

A

few small concribu–

tors joined in the cause

voluntarily.

Little by little, gradually, listeners

and readers became

voluntary

Co–

Workers. They

wanted

to have a

part in expanding this unique and

needed

Work.

Growth seemed slow. But it was

steady and continuous, at the rate

of approximately 30o/o ayear. That

rate of growth has continued for

36 years. We were advocating THE

W

A

Y of GIVING, not getting. To

put a price on our magazine or

other literature would have seemed

inconsistent. So we never bave.

Although you cannot pay for

your own subscription, we do

gratefully accept contributions, vol–

untarily given, though we never

solicit the public for financia!

support.

We

believe

in what we are

doing, and THE W

A

Y it is being

done. Our ever-growing family of

volunteer Co-Workers believe in i t,

and gladly

give

of their iocomes

that we, with tbem, may GIVE

these precious success secrets to ao

ever-wideniog number of readers,

listeners, viewers. These operations

today are having a dynamic impact

on 150 million people, worldwide.

Our happy Co-Workers joio in

a sincere THANK YOU for allow–

ing us the pleasure of serving you.

It gives us lasting pleasure.

June

1971

dollar corporations, as well as the Fed–

eral government itself, would fi le for

bankruptcy.

The United States and Britain are in

serious economic trouble. Bankruptcy

threatens state and city governments,

and may soon strike national govern–

ments as wcll.

Meanwhile, other nations - Ger–

maoy, Japan, Australia, Canada - are

only a matter of a few years away from

the same impasse now facing Britain

and the United States.

A/1

nations are

under the same ecooomic curse, the

same well-trodden path toward eco–

nomic downfaU. For example, perhaps

a dozen nations today must face not a

six-percent yearly inflation - but a

100-or-more percent yeady inflation.

Until

WRONGLY STRUCTURED

SOCIETY

and

GREEDY HUMAN

NATURE

are changed, the world will

be under sud1 an economic curse.

Depressions and inflation will continue

to plague our nations no matter what

new ideas economists offer to treat the

detailcd effects of these two root causes!

Thcre must be sweeping reforms and

fundamental changes

in

the world eco–

nomic system. But how to "get there

from here" is the crux of our dilemma.

To institute proper economic reforms

is impossible, given the structure of our

present world economy. For exampJe,

if, beginning tomorrow morning, the

entire Westero world bought nothing