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About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (Sept. 21, 1949)
10 Tht N.wi-Rtview, Roieburo, Or. Wed., Sept. 21, 1949 1 ypg j AltieNCCin Export, Declares Writer HERE'S HOW IT'S DONE Post"""'" General Jee Donaldson shows little Gail St. Clair, seven-year-old polio victim, how the Pont Office Department in Washington is helping In an emergency drive (or funds to fight the disease. The record number of polio cams has depleted the March of Dimes fund, making a special money campaign necessary. Contributions may be mailed to "POLIO," care of any U. S. Post Office. Lower Dollar Prices Are Predicted Throughout World NEW YORK-m Lower dol lar prices around the world are looKed lor as an early major re sult of the week end devaluation of foreign currencies. Still more countries may have to follow the devaluation parade which began last night with Britain's cut In the pound 'from J). IX) to $2.80, a slash amounting to surprise 301 per cent. The devaluation means the dollar prices of gcods produced In these countries could fall a maximum of 30i per cent If the reduction Is caused solely by dp valuation. But prices probably will not fall that far. Some may come down only a few cents. How lone these lower prices may prevail Is unpredictable. Agree Pries Lower American businessmen In their first reaction agreed prices will he lower on foreign goods priced In devalued currencies and sold In America for dollars. No one knows yet, however, how far prices will go down on Individual commodilies or manu factured goods over the next few weeks or months. An Important secondary effect Is the Impact of devaluation on the prices of goods produced In America for sale abroad. Amer ican exports may have to be sold more cheaply to encourage sales. The announced purpose of British devaluation Is to lower prices on British goods sold In America. Britain hopps to get more dollars through Increased sales at cut rates. Other coun tries cutting their currencies in Britain's train hope for the same result. Cut In 1931 Historically, lower prices have followed devaluation. The British devalued their pound in Septem ber, 1!W1, by culling It loose from gold and letting It drift lower' in foreign exchange markets. Rubber Immediately went down and continued lis dill. Wool broke sharply but recovered a good portion of Us loss. Amer lean rotlon was hard hit Initially hut a year later had climbed bacR : to an even hlRher price lhan be fore devaluation. American wheat shot up hut fell hack later. But the same patlern Is not expected this time. Kconomic conditions are dilferenl; there are government controls today on every major product. Take Britain's biggest recent dollar-maker Scotch whiskey. Only a small amount of tlie American retail sales price Is accounted for by the British pro. riucer's selling prices. If the British allow Iheir prices to re flect (he full force of the .10 per cent devaluation and If all other costs such as shipping and taxes and American profits remain un changedthen Scotch whiskey might come down as much as eight per cent, or about 45 cents a hotile. Other products whose prices at retail In America have a bigger percentage of British cost in them would fall more. British woolens are sold here and American woolen goods made from foreign wool are ex pected' to come down. One' Im porter estimated the drop some where between 10 and 20 per cent. Searchers Abandon Hunt For Missing Plane NKW YORK CP) Searchers have abandoned their hunt for two Italian fliers missing since Friday night on a flight from the Azores Islands to New York. Afler search of a wide expanse of Atlantic ocean by planes and surface vessels, orders to call off I he hunt were Issued last night, Ihe coast guard said. The fliers. John M. Brondello and Mamllllo Barlogllo, appar ently were given up for lost. tne pair lett the Azores Friday morning In a light Beechcraft Honanza. Ihev were more than half-way to New York when last heard from. Bv HAL BOYLE. NEW YORK (JP Everyone day dreams of going back to his old school as a famous success. Few do. The rainbow called renown eludes most of us. And many a graduate hesitates to vis it his college in after years for fear the librarian will sandbag him for the J 1.35 he still owes for keeping a book out too long. But Eleanor Sleher is going back to a happy homecomlnfc this week to the New t-.ngiand con servatory of Music In Boston. She went there first In the 1930s as a promising vocal student from Wheeling. West Va. Her parents had been able to scrape together only SHOO to finance her education. Gets Scholarship A scholarship enabled her to re main after the $600 was gone, ind Eleanor worked as a wait ress to pay her other expenses. Today at 33 the lyric soprano Is a prima donna at the Metro politan opera and a concert and radio star. She has a six-figure annual income and six figure In comes begin at $100,0110. The reason Eleanor is going back to the conservatory is ti award two scholarships she founded. "I want to help some young artists coming along," she said, "Just as I was helped." Miss Steber is an outstanding example of the younger genera tion of hometrained American singers. She believes It is no long er necessary for would-be opera stars to aludy abroad. Have Everything "We have everything here the younger singer needs. Including fine teachers," she said, adding: "Of course, we could use a few more opera houses. "The American singer now Is better-rounded and more versa tile she has good musicianship and can act as well as sing." And being heller-rounded no longer means a salt-shaker waist line. "Opera singers look a lot dif ferent than they did 25 years ago," laughed Miss Sleher. "We have a stream-lined crowd at the Met now. And that la an Ameri- FORD WDtATORS REPAIRED Sy Our Experts ' 7c. , r to-. """Or, L0CKW0OD MOTORS Rosa and Oak Phone 80 I M I Infc Do You Plan on Building? Let us savt you real money on your lumber, roofing, siding and other building moteriols. SOMETHING NEW!! Panel Shake Siding Wood shakes made up in panels that can be ap plied for less than half of the regular double course shokes. All paneling is termite proofed and sized for painting. EREE DELIVERY We will give free delivery for anv order Inside of the city limits. Free delivery will be given within 30 miles outside of the city limits If the load is 2500 feet or more. LUMBER SALES CO., INC. Garden Valley Rood at S. P. Tracks Phone 704-R-4 or 264-J-2 i' &SfM """" J 4 f $30 $e6o NATIONAL v .11 Enjoy the whiskey that's Barbecue or banquet, Old Sunny Brook brand belongs I ; Enjoy ill rich, mellow Kentucky taste, its rare smoothness. Ask ; for Old Sunny Brook today. ) Kentucky Whiskey-A Blend lOOK FOI Tms WATCH MAN on iviit some DISIIUEI MOOUCTS.COIf.; NIW tO ' It MOO' J OIAIN NUtlAl"jIIITI :ors and ean Influence, too. Opera like to see graceful and some performers." On this count Miss Steber ran afford complacence. She is pret ty, has a shape and keeps It in shape. And what Is she proudest xf? mat j came up tne Ameri can way, she said. "We have everything here but so few peo ple realize it." Third Trainman In Toll Of Lives NEWTON, N. a, Sept. 21 CP) A railroad fireman, Injured when his passenger train Jumped the rails here early Monday, died today. He was the third trainman to die In the derailment that Injured about 50 passengers. The fireman; Herman Bishop. 51, of West Asheville, was hurled beneath the big diesel locomotive that Jumped Its track and plunged down an embankment. Thirty injured passengers and crewmen are In the Catawba hos pital, two other railroad workers are in critical condition. The diesel engine and six fol lowing cars tumbled into a ditch the train, running about M minutes late In a morning foe. came into a U-turn near the New ton station. Newton is a textile town of 6.000 about 40 miles northwest ol Charlotte. Two Negro cooks on the train were killed. Woman Shot By Brother-ln-Law OREGON City, Sept, 21. OP A 57-year-old woman lay near death in a hospital here today. Her brother-in-law was held with out bond, accused of shooting her. The woman, Mrs. Amy Wheel er, was felled In her antique shop at Carver, east of here, last night. The brother-in-law, Cornelius Jo seph Owley, 63, Estacada, was ar rested an hour later. District Attorney Leonard Lin das said Owley admitted shooting tne woman. Lindas said owley had been bearing a grudge against Mrs. Wheeler, his wife's sister. The district attorney said I he had drawn up a charge against Owley of assault with Intent to kill. The woman's husband, Henry Wheeler, said she was struck without warning by one of three shots fired from a doorway. The gunman also fired two shots at him, but missed, Wheeler said. Wheeler added that he then got his shotgun and fired at the re treating gunman. The News-Review Classified Ada bring best results. Phone 100. Wear beyond compdrei CONGOLtUtXvtb UclD IAVT0I Here's a floor covering that can take plenty of traffic without showing the strain! For Gold Seal Congoleum gives you a wear-layer of heat-toughened paint and baked enamel equal in thickness to 8 coals of the best floor paint applied by hand. Look for the Gold Seal that means more stamina, more sparkle, more style per dollar than any other popular-priced floor covering can give you. Stop in at your dealer's today! See the stunning new Con goleum patterns, both in rugs and by the yard . . all wiih the fa mom Gold Seal money-back guarantee 1949, CongoUum-haifH incH Kearny, jV. 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