The news-review. (Roseburg, Or.) 1948-1994, September 14, 1949, Page 12, Image 12

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    12 The Nwi-Rviw, Roitburg, Or Wed., Sept. 14, 1949
State Higher Education
Board Confrrmes Action
By Special Committee
PORTLAND, Sept. 14 P)
Oregon'! State Board of Higher
Education put an "approve d"
stamp today on yesterday'! com
mittee recommendation! and de
. rided to issue a small quarterly
news publication.
The approval! were on locat
ing the proposed Oregon State
college football stadium on the
campus; joint use by Portland
city schools and the extension
service of the Lincoln high school
building through the 1950-51
school year when a new high
school is to be built; and on ac
cepting bids for the. University
01 uregon s miiiion-aouar neai
Ing plant. On the last, the board
changed the date, however, to
Nov. 10 to avoid conflict with ed
ucational meetings on the earlier
planned October date.
Plan Publication
The new publication will be
designed principally for staff
member! with many alumni al
o expected to get it. It will be
eight pages, have a circulation
of 10,000, and cost about $1500 a
year. It will summarize news of
the Institutions.
Among other thing! done today
the board:
Arranged for an architect t o
atudy itructural defect! in Chur
chill hall at Southern Oregon Col
lege of Education which prevent
full use of the building.
Designated the entire campus
of University ot uregon Meaicaj
school ai part of Sam Jackson
park, to prevent future confusion
In namea.
Approved use of marine bio
logy camp facilities on Coos Bay
for emergency use by Charleston
school district pending comple
tion of a new building.
Confirmed action of executive
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Remington "Model 11" 16 Gauge Shotgun
Ustd Double Barrelled 12 Gauge Shotgun $45.00
Savage and Remington .22 Target Rifles
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committee In letting a contract
lor electrical distribution sysem
at Oregon College of Education
to Mill Electric CO., of Salem at
$22,780.
Approved contract! for the ex
tension service to cooperate with
community college program! I n
Bend and Klamath Kalis under
provisions of the Dunn bill pass
ed by the last legislature.
The board accepted gifts total
ling $55,632 of- which $22,806 was
designated for use at Oregon
State college, $17,066 for the Unl
versity of Oregon and $15,700 for
the University of Oregon Medical
school In Portland. Among them
was $1,000 from the Atomic en
ergy commission to continue a
biology research project at the
university.
The board approved 30 appoint
ments, three leaves of absence,
two promotions, and one trans
fer, and accepted six resigna
tions In personnel actions.
Cab Driver Gets Last
Laugh Over Holdup Men
CAMBRIDGE, Mass.-UJP) Cab
driver Roscoe Spooner, 26, had
the last laugh on two alleged
holdup men.
Spooner told police the pair
robbed him of $8 and made him
drive to a lonely spot where they
forced him from tne car.
But while the two were start
ing the cab's motor, he climbed
into the trunk.
Ten minutes later they aban
doned the cab. Spooner clamber
ed out, called a policeman and
pointed out the pair. They were
held on suspicion of armed rob
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colorful;
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iK HOUSE
Ex-GI's Hopes
To Bring His
Fiancee Better
NEW ORLEAN S lPl E d
ward Relsbeck, 27, the ex-GI
from Portland, Ore., who has
been trying to get his German
fiancee into this country, was
all smiles.
He was sure his bride-to-be
would get Into the U. S. before
the Sept. 21 deadline on admitt
ance of war brides to this coun
try. Relsbeck beamed as he e x
plained Krauleln Hilda E i i n e r
and their two-year old child, Bea
trice Marianne, to arrive in Hali
fax on the SS Aquitania Sept. 19.
A train is to speed them across
the U, S. border before the dead
line. The combat veteran, who serv
ed with the third army in Ger
many, said that if they did not
beat the deadline it might take
years to get them in under an
immigration quota. '
Reisbeck laid Krauleln Eisner
and the daughter would come
here, where they will be married
and he will see the child for the
lirst time.
Previously Relsbeck said that
he had been married in Ger
many. After his .mother in Port
land told newsmen otherwise,
Relsbeck explained, "I thought
it best Just to say I was married.
You see the point, don't you. You
don't think It will cause any trou
ble, do you?"
Reisbeck added he already had
gone through troubles enough.
Months ago he had reservations
for Hilda and the baby, but when
he checked, the company said it
could not bring them over for
months.
When he came to New Orleans
steamship companies told him
the same story. Newspaper stor
ies of his plight changed matters.
Transportation was arranged
and Reisbeck got a Job. All that
remains now is the long journey
tnrougn c-ngland and Canada.
"Oh yes, "said Reisbeck, "Do
you know a minister?"
Ground-swells usually occur
along shallow coasts and often n.
tair weather.
The Moslem University at Al
Azhar, In Cairo, Egypt, was es
tablished In 970 A.D.
POLICY
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OUT OUR WAY
Average American Income
And Spending Never Seems
To Fit, Reports Analyst
By SAM DAWSON
NEW YORK Uf, You are
always being told what you
"the average American citizen"
own, owe, make, spend and
save. And, some how, it never
seems to fit your own case very
well.
For Instance, there are federal
reserve board figures to show
that Americans as a whole own
more "liquid assets" than ever be
fore some SIX! Dinion worm,
compared with $45 billion before
the war. But at the same time you
are told that "the average spend
ing unit," a family, had only
$.100 put away in liquid assets in
1948, whereas the year before it
had $350, and in 1946 had $400.
Liquid assets are savings you
can turn into cash easily when
ou need it, such as demand and
time deposits in banks, Savings
& Loan shares and United States
government securities.
Very Confusing
The growth in total liquid as
sets and drop In average holdings
becomes the more confusing when
you are told that last year three
million families used up their
savings, but the same year as
many or more started nest eggs
for the first time. It all adds up
to the suspicion that maybe there
isn't any average American.
If you are one of the three mil
lion to have spent your liquid
savings, you may have used them
up when the cost of living was
rising. But you may have put
them Into a home or other real
estate or into starting a business.
That scarcely makes you a spend
thrift. It does make you below
average when It come! to com
piling statistics.
Before you get too worried
about the average holdings of
liquid assets being lower now
than In 1946, look at some other
figures.
Gain In Savings
There are 530 mutual savings
hanks in the United States. Their
total deposit! are Just under $19
billion, up from 10 13 billion Just
ten years ago. There are more
than 19 million depositors now, a
gain of 31 million in 10 years.
During the' first seven months of
this year, while every one was
talking about the slump, deposits
rose $588 million. The number of
depositors increased to 339,000
this year.
HOME TOWN NEWS
"IF THE WIFE CALLS .
PORTANT BUSINESS DEAL."
Coll on the ROSEBURG LUMBER COMPANY when
in need of wood or sawdust. Remember . . . support
the industry that supports you."
THE WORRY WART
At midyear Americana had
$31 billion in postal savings and
$36 billion in government savings
bonds, more than ever before.
Or look at life insurance, not
counted as a "liquid asset." In
the first seven months of this
year Americans bought policies
with face value of $13 billion (al
though the premiums they paid
in did not total that much, of
course.) This was $172 million
more than purchased In the same
period last year. Their total hold
ings at the start of this year were
70 per cent above that they held
in 1940.
Stocks Attract
In the first six months of this
year American individuals, banks
and Insurance companies paid an
average of $53 million each
month for new Issues of corpo
rate common stocks, $33 million
for preferred stocks, and 4521
million for corporate bonds and
notes. The National Industrial
Conference board says you have
to go back to 1929 to find any
monthly average like it a
monthly total of $5381 million for
corporate securities.
.Individuals' time deposits In
banks totalled $52 billion at the
start of this year, compared with
$24 billion ten years ago, the fed
eral reserve board reports. De
mand deposits topped $29 billion,
against a little more than $7 bil
lion ten years ago.
The department of commerce
puts total personal income last
year at $206 billion. That is the
total paid out in wages, salaries,
net Income of unincorporated
business, dividends, interest, rents
and benefits from social insur
ance and veterans' pensions.
The monthly peak was reached
in .December. Since then it has
retreated, and the latest figures,
for July, show personal Income
at an annual rate of just under
$210 billion, a drop of $4.8 billion
from July, 194a
The department averages the
1948 total out at $1,410 a person,
a gain of 7 per cent over the
previous year.
Chances are there were few
persons who made exactly $1,410.
But If you are one of these rare
individuals, that makes you the
'average American. How did you
i manage on mat 7
I'M ON AN IM.
I
i i Yr-
J
By J. R. Williams
Elkfon
By PHYLLIS A. SMITH
Mr. and Mrs. Norman Berg
strom and daughter, Christine, of
Ashland were visitors Labor day
at the Robert M. Smith's.
Mr. and Mrs. Morris Kesler
and daughter,' Pamela, of San
Francisco, Calif., are visiting this
week at Charles Smith's.
Mrs. Alfred B. Haines, who Is
seriously ill, is being flown to her
former home at Pittsburg, Pa.
Thelma Nordstrom who has
been visiting In Spokane, Wash.,
returned home Labor day.
The Cecile Beal family enjoyed
a trip to Poft Angeles, Wash.,
over the weekend.
Mr. and Mrs. Robert Duncan
also visited with their grandpar
ents, Mr. and Mrs. Page, at Port
Angeles.
Mr. and Mrs. Gilbert Binder
enjoyed a trip to Crescent City,
Calif., over the weekend. They
visited the Totem Pole park and
saw the giant Redwood trees.
Naomi Hixson left for Canyon
ville Saturday where she will fin
ish her last year in Bible school.
Rev. and Mrs. C. E. Brittain
of Sutherlin were guests ot Rev.
and Mrs. Gilbert Newland recent
ly. Mr. and Mrs. Larry Thomas
and Mr. and Mrs. Bob Cowbrough
spent the weekend at the coast.
Mr. and Mrs. Tom Myers have
returned from a couple weeks'
vacation at Elgin, Ore.
District Superintendent L. Ray
nor Smith of Eugene will preside
at the first quarterly conference
of the Methodist church, Thurs
day, Sept. 22, at 7:30 p.m.
The Umpqua sub-District of the
Methodist church will meet Sept.
12, 7:30 p.m. at the Roseburg
Methodist church. The officers
of the Elkton church will attend
this meeting.
Larry Thomas of Beckley and
Thomas Gravel works tipped
over his truck on the Kellogg
road Just south, of the Smith
bridge, Tuesday. He climbed the
bank to avoid hitting a car that
was hogging the road. Neither
Thomas or the truck were hurt.
The Elkton schools opened
Tuesday, Sept. 6. One hundred
Iorty six students enrolled in the
grade school. Fifty-two students
enrolled In the Elkton High
school; 18 freshmen. 13 sopho
mores, 13 juniors and 8 seniors.
Mrs. Maude McClay is visiting
at Oliver Haines'.
Martin Suloff is pouring the
foundation for their new home
they are building on the Joe Hud
son place south of Elkton.
SECRETARY IN WEST
SAN DIEGO. Calif., Sept. 13
(.T) Secretary of Commerce
Charles Sawyer, in the west on a
fact-finding trip left here Monday
en route to Seattle and Portland.
Sawyer will stop first at Los
Angeles and San Francisco. From
the northwest, he will continue to
Salt Lake City and Denver.
Oysters were a delicacy as far
hack as the time ot the ancient
Romans,
...at
Enjoy the whiskey that's
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ON evcit tomi
NATIONAl MSTIUltl MODUCTI
Doctor Denounces
Social Medicine
SEATTLE (.-PV Socialized
medicine was described by the
president of the American Medi
cal association as a part of "the
plan of those who would convert
our free America Into a Marxist
state."
But In an address to the State
Medical association convention
here Dr. Ernest E. Irom ot Chi
cago saM the national organiza
tion did not object to voluntaiy
prepaid medical insurance.
He asserted political leaders
"are led to believe the demand
for sweeping medico-! o c I a 1
change! comes from the mass of
the people."
"The real source of thii manu
factured demand," Dr. Irons
said, "is the group of bureau
cratic officials in Washington
who would be the only ones ben
efitted." Some 1.200 delegates also heard
Dr. H. E. Nichols, state presi
dent, criticize the new state wel
fare law, initiative 172, as "a vi
cious measure which has been
foisted upon the public."
He asserted the aged vote as
to how much they are going to
get, "but put nothing In the pot
themselves."
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County Assessors Nomt
Astoria For Ntit Mttr
McMINNVILLT M The
county assessors of Oregon will
hold their 1950 convention In As
toria with M. J. Cosovich, As
toria, as president.
The officials elected Charles
A. Myers. Medford. vice-president,
and D. W. Davis, Pendle
ton, secretary-treasurer at the
close of their annual convention
here last week.
Arthur Selander. Salem, chief
appraiser of the itate tax com
mission, was made an honorary
life member In recognition of hi!
22 years of service with the state
commission.
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