Lack Of Money Rarely: There is in the United States deep concern.over lie dearth of day care services of good quality, it a time of ever-increasing need. One of the most serious situations is found in the urban ghettos where parents must often rely on facilities provid-'tng such substandard care as to constitute a "national scandal." The lack of good day care facilities in iiese areas derives from the fact that parents have :oo little money, too few choices, and often too tittle understanding of what is actually happening :o children. According to the Children's Bureau, licensing authorities are relatively powerless to sring about better care because of die lack of good Md care facilities within the physical and financial reach of the parents, and particularly because of the lack of community or tax-supported day care facilities.
These places generally work out better than the commercial hotels, the private hotels and-dreariest of all-the temperance hotels, Those bent on "total thrift" will find that cycling is popular in Britain and that Youth Hostels are everywhere. The main British office of the Youth Hostel Association is at 21 Bedford St., London, W.C.I. The YMCA, with its "Holidays" office at 37 Bedford Square, London, W.C.I and the YWCA, with its similar office at 108 Baker St., London, W.I, have their own hostels and holiday centers but cooperate closely with the Association. You'll have lots of cheerful young company if you go it cheap, for the British are insatiable holiday seekers and lack of money rarely hinders them.
GRESHAM'S LAW, gresh'amz, in economics, is usually stated as "bad money drives out good." The law stems from the fact that money has a value both as money and as a commodity in the open market. The former value is set arbitrarily by law and is relatively fixed; the latter is determined by supply and demand and varies from time to time, "Good money" has a higher value as a commodity than as money and will disappear from circulation.
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