Official Organ Of The Slavonic Benevolent Order Of The State Of Texas, Founded 1897. HUMANITY
BENEVOLENCE VOLUME 60 — NO. 3
BROTHERHOOD
Postmaster: Please Send Form 3579 with Undeliverable Copies to: SUPREME LODGE SPJST, P.O. Box 100, TEMPLE, TEX. 76501
JANUARY 19, 1972
FROM THE EDITOR'S DESK Wednesday afternoon, December 19 your editor took a half-day trip to Temple to our Supreme Lodge's first meeting for 1972, mainly to work out final plans for the forthcoming convention issue of our Vestnik which will come out Wednesday, June 14th (Flag Day) and also to attend a portion of their meeting because of not attending the last one or two. It was more interesting than usual because we always seem to get in on the real estate loan dealings and this cannot be reported, but this was not the case this time. When your editor was asked what he had to bring before the executive board, we, of course, discussed the above-mentioned convention issue of the Vestnik. The plans were generally known, however, it was made official at the PC meeting on December 19, and this SL meeting, that we would have a Convention and Seventy-fifth Anniversary issue combined. It will be with a glossy cover, and on the front page will be a picture of our last Miss SPJST, chosen at our XX Convention in Dallas — the former Miss Joan Pavliska as decreed by that convention. The issue will consist of 64 pages, twice the size of an ordinary Vestnik. Your editor hereby notifies and urges all lodges and individuals to start gathering and sending in the material and pictures which are desired in that issue. Please mark all material: "For
THE MOMENTS YOU SPEND One task at a time without worry or fear; One day at a time though the morrow draws near; One deed well accomplished suffices the day; Start not many missions, take time out to play. You can't borrow sunlight from night's open door; One task and one day is enough to explore. Make every hour count in the moments you spend — Tomorrow's a stranger; Today is a friend. —Everett W. Hill Convention Issue." Thank you all and BO NOT WAIT! A FORWARD LOOK AT 1972 By Blake T. Newton, Jr. President, Institute of Life Insurance Preparing a forecast for the year ahead is always a precarious enterprise. Compounding the normal complexities of our economic situation this year is the obvious difficulty of anticipating the effects of the President's program of inflation control and the current efforts to rationalize international monetary relationships. In my view, efforts in both these directions will be conducive to an economic climate in 1972 which will be
favorable for business. I look forward to an improvement in our international balance of payments and to a healthier, more balanced economy at home. Real Growth As of this time it appears that 1972 will be characterized by a substantial increase in the Gross National Product in real terms, an improvement in the nation's unemployment rate, and a distinct reduction in the rate of inflation. I believe that in general business will continue to support the governmental efforts to these ends and that the basic strength of our complex economic structure will begin to reassert itself. Underlying all of this is the positive influence of demographic trends which are relatively easier to analyze. Significant here is that the fastest growing age group consists of young adults from 18 to 34. With the marriage rate currently at the highest level of the last two decades, a substantial increase in the formation of new households is evident. By 1980, the expectation is that the number of households will total more than 77 million, some 15 million more than we have today. Economic Recovery Along with this growth in households, and partly because of it, we can anticipate a broad growth in the na-