- Title: PA-27
- Summary: UNDERSTANDING THE DOLLAR: EXPLAINS PURPOSES OF MONEY AS A MEDIUM OF EXCHANGE, STANDARD OF VALUE, PURCHASING POWER. ANALYZES FACTORS WHICH AFFECT THE VALUE OF DOLLAR, SHOWS EFFECTS OF RISING PRICES ON PEOPLE WITH VARIOUS TYPES OF INCOME.
- Description:01:34:49 - MCU ABOVE VIEW HAND HITTING BUTTON ON CASH REGISTER, DRAWER OPENING. A DOLLAR TAKEN OUT BY HAND, PLACED ON COUNTER. ZOOM IN ON DOLLAR BILL. CU HAN PLACES SILVER DOLLAR NEXT TO THE DOLLAR BILL. 01:35:03 - MS RESIDENTIAL TWO STORY HOUSE WITH PORCH, CIRCA 1950S. MS LIVING ROOM WITH GRANDFATHER CLOCK HOUSEWIFE SEEN IN KITCHEN IN B/G. 01:35:13 - KNOCK ON DOOR, MIDDLE-AGED HOUSEWIFE COMES OUT OF KITCHEN, TOWARDS CAMERA, OPENS DOUBLE SLIDING DOOR TO HALLWAY. 01:35:36 - MS MAN (TENANT) IN BUSINESS SUIT, HANDS HER RENT CHECK FOR UPSTAIRS APARTMENT. LS TENANT EXITS HOUSE, DOWN PORCH STEPS, LOOKS BACK, WAVES AT TWO CHILDREN WAVING AT HIM FROM 2ND FLOOR WINDOW, 01:36:03 - 1950S AUTO IN F/G STOPS AT CORNER NEWS STAND AS VENDOR TAKES NEWSPAPER TO HIM. HE DRIVES OFF, GOES BACK TO STAND, JUST AS MAN IN BUSINESS SUIT APPROACHES TO BUY PAPER CU VARIOUS SHOTS, MONEY NEWSPAPERS, CHANGING HANDS. VOICE OVER TELLS OF MONEY AS MEDIUM OF EXCHANGE. 01:36:34 - SIGN IN WINDOW OF CAR DEALERSHIP, :CUSTOM LINE 6, 2 DOOR SEDAN, OPS (OFFICE OF PRICE STABILIZATION). $1822.17". MAN IN OVERALLS (CARPENTER) SEEN INSIDE WINDOW LOOKING AT CAR, WALKING OUT TO HIS LATE CIRCA 1930S SEDAN. 01:36:58 - MS FARMER IN BUSINESS SUIT PASSES BY DEALERSHIP, BRIEFLY LOOKS IN WINDOW, WALKS ON. WALKS DOWN STREET PAST OTHER STORE IN BUSINESS DISTRICT, STOPS TO SHAKE HANDS WITH MAN, PASSES PARKING METERS, WALKS INTO BANK.. 01:37:30 - CU SIGN ON WALL AND WINDOW, "FIRST NATIONAL BANK". VOICE OVER EXPLAINS PURPOSE OF MONEY IN THE BANK. 01:37:43 - CU DOLLAR BILL. (NOTE: "SILVER CERTIFICATE. 1963 CONGRESS STOPED THE BACKING OF DOLLAR WITH SILVER) 01:37:54 - CU ZOOM AWAY, ZOOM IN, DOLLAR BILL AS VOICE OVER TELLS WHY VALUE OF DOLLAR DECREASES?, INCREASES? "THAT IS THE STORY OF COMPARATIVE PRICING". 01:38:07 - MS WORKER IN SUPER MARKET AT PRODUCE COUNTER FILLS BINS WITH LETTUCE, THEN CHANGES PRICE ON TAG FROM 23 CENTS TO 26 CENTS.. CU FINGERS CHANGING PRICES ON VARIETY OF PRODUCTS ON SHELVES. 01:38:33 - ANIMATION SHOWING HOW VALUE OF DOLLAR CHANGES, USING CANS OF SOUP AS MEASURE. DEMO SHOWS FIVE CANS SOUP COST ONE DOLLAR. VALUE OF DOLLAR GOES DOWN IF IT BUYS FOUR CANS, UP WHEN IT CAN BUY SIX CANS. VOICE OVER, "THE VALUE OF THE DOLLAR IS INVERSELY RELATED TO PRICES". 01:39:22 - CU HAND CHANGING PRICE OF CANS OF SOUP ON SHELF DOWN FROM 21 CENTS TO 20 CENTS. HAND CHANGES PRICE OF SUGAR ON SHELVES, HIGHER. 01:39:32 - ELDERLY WOMAN PUSHING CART DOWN SUPER MARKET STORE AISLE TOWARDS CAMERA. CU CART WITH PACKAGES OF VARIOUS GROCERY ITEMS. 01:39:46 - MS SHOT OF TV, SHIRT AND SOCKS, SIDE OF BEEF, PAIR OF SHOES, AUTOMOBILE, AS VOICE OVER EXPLAINS HOW VALUE OF DOLLAR RISES AND FALLS NOT ON RISE OF A SINGLE ITEM BUT ON GENERAL PRICE LEVEL OF NUMBER OF ITEMS. MS ANIMATED CHART SHOWS HOW?. 01:40:14 - MIDDLE AGED WIDOWED HOUSE WIFE EXAMINES OLD LAMP IN LIVING ROOM NEEDING REPAIR, 01:40:32 - HOUSEWIFE SITS AT DESK TO DO HER BILLS. SHE LOOKS AT (CU) PENSION CHECK AND CHECK FOR UPSTAIRS RENT. VOICE OVER: "BECAUSE HER PRICES HAVE INCREASED, HER DOLLARS HAVE DECLINED IN VALUE". HER SITUATION IS TYPICAL OF PERSON ON FIXED INCOME TITLE: "FIXED INCOME" IS SUPER-IMPOSED ON SCREEN. AS SHE MAKES BILLS. 01:41:05 - CARPENTER EXITS HIS CAR WITH HIS TOOL BOX. VOICE OVER DESCRIBES HIM AS "WAGE OWNER", SINCE HIS WAGES HAVE INCREASED HE CHECKS OUT BROCHURE FOR A NEW CAR WITH FRIEND. PRICES HAVE GONE UP FIRST AND WAGES UP LATER, THIS IS CALLED "WAGE LAG". VOICE OVER EXPLAINS. 01:41:51 - SCHOOL TEACHER, MR. BLAINE, SITS IN CLASSROOM WRITING. HE IS CONSIDERED A PERSON ON SALARY . VOICE OVER. SALARIES DO NOT INCREASE AS RAPIDLY AS PRICES". MS MR. BLAINE AT SECOND JOB, BEHIND COUNTER AT HARDWARE STORE, SERVES A CUSTOMER. VOICE OVER, "HE HAS TO WORK A SECOND JOB IN ORDER TO LIVE AT SAME LEVEL AS BEFORE". 01:42:27 - MCU VARIETY OF SCALE ON DISPLAY SHELF, BUSINESSMAN SPEAKS WITH SALESMAN IN HIS OFFICE. CU VIEW VARIETY RAY MATERIALS TO MAKE SCALES. (PURCHASED LONG TIME AGO WHEN PRICES WERE LOWER. 01:42:43 - MS WOMAN IN PLANT ASSEMBLING SCALES. CU SHELVES AT PLANT FULL OF NEW SCALES. VOICE OVER, "RISING PRICES MEAN INCREASED PROFITS FOR BUSINESS.
- Collection: Historic Films
- Producer:Historic Films
- Transmission Date:01/01/1953
- Rights:On request
- Decade: 1950s
- File Name: PA-27