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About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (July 6, 1950)
U. S. Deficit For 1950 Fiscal Year Below Estimate WASHINGTON 1P) The gov ernment finished fiscal 19.su on June 30 with deficit of $3,122, 102,357.45, the treasury reported. That was about $2,300,000,000 or 40 percent less red ink than an ticipated in an administration esti mate made only last April 20. The government went in the hole for the year for the 18th time in the last 20 years by spend ing $40,166,835,914.82 while taking in only $37,044,733,557 J7. The federal debt stood at $257, 376,855,385.01 at the year'i end last Friday. The treausury had $5,517, 087,691.65 in cash, on hand at the time. Despite the bright showing against administration estimates, the deficit was about $1,311,000,000 greater than that recorded for the previous year. CORRECTION In th July 5 Issue of the News-Review Appeared on Error In, Montgomery Word Advertisement Store Hours Should Have Read OPEN 9:00 TO 5:30 Saturday! 'Til 9 P.M. arn 1 8 miles from Roseburg on the beoutiful North Ump qua . . . outdoor dining porch overlooking the river ... for delicious chicken, steoks, and fish. Bring Your Catches to Us for Cooking. Special Arrangements for Dinner Parties. Open 5 a. m to 12 p. m. Managers: Mr. and Mrs. J. H. Taylor 3L RJ& America's Ability To Wage War Greatest in Peacetime History, Military Heads Say WASHINGTON, (JP-America'i ability to wage war is the great est in peacetime history. Top military leaders agree this is so, but they caution that our potential enemies are formidable too. They add that in any war today surprise tactics and speedy all out mobilization could defeat greater military might. The United States could reach, from western hemisphere bases, any "significient" bombing target on earth, some military officials say, but Russia has the equipment to long-range uomb us also. One top Pentagon official says it's the same old army story, but with a new twist: "Getting there f ustest with miitei t a torn bombs." I To forestall the possibility of a sneak air raid, a radar network ! is operating in the northwest, northeast and Alaska. This is to detect the presence of enemy planes. But the network is far from complete. The buildings and land alone needed for additional installations will cost an estimated $80,000,000. Nothing had been ap propriated. The air force is spend ing $50,000,000 from other funds to get this expansion work started. A staff of about 170,000 civilian arn 4 4 (J acaMLok VAl.YMPlA DCTD 'It's the Water" Ptymplt Irtwim Cb. (Hympit. Willi. U. S i. volunteers is being recruited to help watch for enemy planes and to broadcast warnings in case of attack. Effectiveness At Peak As for military strength, defense Secretary Johnson has said: "The state of readiness of our armed forces and the military po tential of our country are greater today than in any previous peace time period in the nation's his tory." Manpower totals 1,458.400 people, conjpared with 2,235,000 at t h e time of Pearl Harbor. We have 776,600 fewer military personnel now than at the time of the Jap anese attack, but Gen. J. Lawton Collins, army chief of staff, has said: "We stand today stronger in the effectiveness of our men in uni form than at any time since the end of the world war II." Dr. Vannevar Bush, head of U. S. scientific research and develop ment in world war II, told re porters we are well ahead of Rus sia in atomic warfare develop ments. Sea Power Tops World There is no argument over the assertion 'that our navy is the greatest in the world. In case of war it probably would have the support of the second greatest, that of Great Britain. But coupled with this fact i s another: Russia has a fleet of at least 270 submarines much more No Tire Shortage Threat, Assurance NEW YORK, July (.VI William O'Neil. president of Gen eral Tire & Rubber Co., says there is no tire shortage, and no tnreat of one. "Despite false rumors, there is no reason for anyone to be stam peded into ouying tires through fear of rationing," he ' said in a series of newspaper advertise ments. "Thanks to American research and indistrial know-how, our sup ply of rubber for tires vastly superior to prewar is tremend ous. All rubber manufacturers have plenty of tires to sell." He said his statement was being made as a public service because of reports of a widespread wave of "fear buying" of tires. O'Neil's view was shared by spokesmen for several other ma jor tire makers, and bv the Ruh- b e r Manufacturers association, they were questioned followed scattered reports that some deal ers in Indianapolis, New York and elsewhere were urging customers to "buy now while you still can." at Penney 6NQ- UP VM-OtS FOR AFTtU. TWt 0URTH CLEAN Lo 9g T J H , DUETO TECHNICAL DIFFICULTIES IN PREPARING OUR MJVERTISErAENT WE DON'T HAVE ILLUSTRATION WE DON'T HAVE CUTS WE DON! HAVE TYPESET DESCRIPTION at Pennfy's MKCiMNi dMORE ML OMR THE STORE I Careless Match Toss Causes $500,000 Frre HUMBOLT, Tenn., July A fire in a little pile of trash spread over an entire block in the fruit and vegetable market dis trict Sunday, doing more than $500,000 damage and injuring a fireman. Fire Chief R. I. Grace said the fire was started by a match care lessly tossed unto a pile of straw and paper on a loading platform. Seven business houses were des troyed, as were the loading plat form, a large shed, a water tank and five refrigerator cars. A park ed automobile also was gutted. . , 1 : : t2 Va; l j I V'LUU- hi I ... 9 K Thurs., July, 6, 1950 The Newt-Review, Rotaburf, Ore., S Coyotes tagged by the V. S. Fish and Wildlife Service have been picked up a few days later aa far as 115 miles away. formidable than those used b y Germany in world war II. If we had to maintain a long supply line, across the Pacific and At lantic oceans, this would be a somber situation. However, military men point out we have developed new anti-sub marine devices, too. We have a powerful air force with bases around the world, some flanking Russia and her sattelites. The latest compilation of "ac knowledged" bases there are oth ers, secret ones made for the As sociated Press, shows we have 17 navy bases scattered around the world and more than 40 air bases. And we have troops scattered a- round the world to protect them. War Materials Prlbltm Military construction figures give some hint of the building pro gram that has been started. Officials told congress they plan ned to spend around $240,000,000 on the projects. Included is $23,- 000,000 for a secret navy base. Its location and purpose were not explained. The army asked $74,224,000 to strengthen troop bases for the pro tection or. foreign bases ana airfields. . Officials also have disclosed that our pile of critical and strategic war materials is less than half comDlete. This nile consists of materials we do not produce in sufficient quantities to supply our n e e a a. They must come from foreign na- ions. some of them possible enemy nations. War would shut off im- oorts. The size of the pile appar ntlv is hnsed on our needs for an all-out war effort lasting several years. It contains such things as tin and asbestos, ofM Officials esumale the value of the nile is around $1,500,000,000 today, or slightly more than 40 per cent of its planned size. CHURCH STEEPLE BLOWN U P-The steeple of St. Georie's Protestant Church la blown up by an East Berlin demolition squad after Communists declared it a safety hasard. KEIN HkRKPUTZ "jT ( r BRIEFKASTfH tXiZ 'jjt 'Hi 2Zj ""l HNtOHIBt EL kfeU Li '""""I r 1 "f fSTMWUMiEmo rY wm j r 4 I . j M tstt mm , 3 j I?" 1 1 1 1 NO PARKINGV t J'' THEATRL TOUIbHT FRIDAY fcSATUW Bulk coal is often treated as fragile cargo because customers de mand it ' be delivered in specific sizes and rough handling tends to break up the lumps. THIS MEANS YOU IFed bp with porkers who Ignored Ms -No Parking" sign near a curb mailbox, postmaster Leopold Morris of Victoria, Tex., erected this signpost that says it in five languages. From top to bottom, the signs say "No Parking" in Hebrew, German. Spanish, Italian and English. The trouble now la with peopl stopping too long trying to find out what the signs say. vww TOMORROW AND SATURDAY nSwlS'l J StartsSundy A I I J I I J 1 ii ru r,--:,u StMS. "VALLEY Se GIANTS" STARRING . Wayni" MORRIS coir TREVOR -CO-HIT WILD BILL ELLIOT 'helifTre' IN COLOR With MARIE WINSOR FOREST TUCKER tJOW SHOWING "Fighter Squodron" ond "Moonrise" COFFEEMAKER... nOHM. TAX INCLUOCO Put in coffee, cold water, and plug it in. Tiere'a not hint mot to dot It starts perking in 30 seconds, stops perking automatically when coffee is done, then changes to low heat and keeps the brew drinking-hot for hours! No switches, no pilot lights to watch, no adjustments. You don't touch H again from the time you plug it inl Makes 4 to I cups with the same perfect strength and flavor every time. See the MIRRO-MATIC Electric Percolator, here, T0DAT1 UMPQUA VALLEY A Home-Owned end Operated Store 202 H. Jackioit Phonf 71 Plus SECOND FEATURE NOW PLAYING "Stage Coach Kid" nd 'Square Dance Katie' Mm COMING SUNDAY r the Seven Smfc DeCAffl-0 ft NOW SHOWING "BARRICADE" Starring RUTH ROMAN In Technicolor
