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About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (Aug. 25, 1950)
V HOT AMD TIRED BY SUMMER'S HEAT? THEMS WHEN A SHOWER CAMT BE. BEAT f m sM PTA Meeting Attended By Canyonville Teacher Mrs. W. 1. Worrall of Canyonville returned home last week from at tending a weeks course at the Portland Extension center for PTA. About 50 teachers were there and Mrs. Worrall was the only one from south Douglas county. Among the principal speakers and instructors were Jennelle Moorhead, slate president of the PTA whole subjects were "What Do You Know About the PTA, Fundamental Reasons for Home School Cooperation", and "Struc ture of PTA Organization." At the completion of the course a banquet was held with Mrs. Moorhead summarizing the course and stating she was available to come to communities to help give aid to -arent-Teacher organiza tions if desired. Mrs. Worrall is the sixth grade teacher in the Canyonville school. Problems Of Federal Debt, Inflation Put U.S. Treasury In Clash With Reserve Board BY SAM DAWSON NEW YORK P The family fight over how to govern the two problem children inflation and federal debt it now out in the open. The secretary of the Treasury iv.1" 'z responsible to the President) and the federal reserve board (responsirt, to Congress but not to the President) are at loggerheads. The Treasury wants cheap money and easy borrowing terms for the government. The board wanta dear money and less inflation. The Treasury, of course, denies that its policy would mean more inflation. The first day's tally of their now open feud: 1. A statement oy secretary any der defending his fight for low interest rates on the government debt. 2. Action by the reserve Dank'.. Interest rates went up on some form, of bank credit, and talk was hear of this spreading to most forms of business loans. This could take time, but eventually it could have a wide effect on the entire economy as hnyder nimseu points out. The price of short-term Treasury securities, to be .-efunded within the next six weeks, went down. Holders of some $6 billion of 2 m-rrent and percent Treasury bonds and more than $7 billion of l'i percent Treasury certifi cates were disappointed that Sny der planned tu exchange them for IVi percent la-month notes on Sept. IS and Oct. 1. Th( federal reserve banks bought up the offerings, but only at a lower price than they paid la. week. Boon To Invasion The price of long-term higher interest bearing government secur- THE RIGHT COMBINATION The answer to that frequently asked question, "Can I mix furni ture of different styles and peri ods effectively?" is an emphatic YES! But it must be done dis criminate!'. There should be a relationship of feeling in the styles that arc combined to pre serve a sense of unity. For in stance: in formal groupings, Chip pendale and Adam pieces mix well with Louis XV. They all have an affinity in line and de sign, all have rich mahogany or vain tit satin finishes that call for the luxurious fabrics associated with formal rooms. Pennsylvania Dutch blends ef fectively with provincial bariy American in informal groupings . . . both naturally ally themselves with homespun materials ging ham, chintz or sailcloth. Always place pieces together that are proportionate In scale Small delicate chairs near small tables and chests. Large tables with huge davenports. Avoid mo notony by not using equal amounts of the same periods. Note how the one Modern cabinet-combination in bleached ma hogany gives smart accent to traditional room sketched above. Simple lines of lounge chairs and traditional mahogany table are repeated in Law son sofa. Entire room is unified by simple color scheme of green and yellow. Come in and let us help you choose furnishings that will com bine harmoniously with thos you already have. Ill N. Jackson Phone 330 T loss CIDEX CLEANING LASTING PROTECTION MOTHS ODORS GERMS AT NO EXTRA CHARGE Exclusive in Roseburg at UMPQUA CLEANERS Free Pickup and Delivery 231 N. Main Phone 472 ities went up, as investors turned to them. Many had been hoping that Snyder would offei more of these attractive to investors and not marketable by banks when they seek quick money to make business loans. Many in Wall street saw these two shifts in government security prices as indicating that investors may be loathe to take up all of the $13.5 billion the Treasury will offer. What the public won't text, the federal resehve system will But since the price paid over tne counter by later buyers might in case be below par, the actual yield would be higher than the IV. per cent upon which Snyder has set his heart, these observers figure. the reserve board's reasoning on this is hat if it goes on buying up all the Treasury notes at the high price Snyder jvants and thus lets him maintain his low interest rate, the board will be pumping more and more cash into a bloated economy. That is 1 cause the board expects the banks to sell more and more of these low in terest bearing Treasury notes and put the cash into more profitable, if inflationary, business loans. Plane Crash Kills Corvallis Man NEWBERG, Ore.-LPl-A plane from corvallis crashed in a fog shrouded clearing atop Chehalem mountain nortn ot here Wednes day, killing one man and critically i injuring two others. I Richard Roberts, 22, died in Wil- lamette hospital here shortly after j the crash. He was thrown some 40 , feet from the plane whose wreck; 1 age was strewn widely over the field. His father, Harold Roberts, 52, 1 found beside the plane, suffered possible neck and rib fractures. I Dr. H. H. Faust, pilot, found in the brush 35 feet from the plane, suffered a skull fracture. ' All three were from Corvallis. I The plane, a four-place Stinson, i was rented from bmith-Livingston Flying Service, Corvallis. It did not burn. The three were cnroule to Port land and planned to go from there to Astoria to check on plans for a fishing trip, according to Harold Roberts, who was conscious when loggers and slate police reached 1 tne loggy, rain-drenched scene. T""' ' "' 111 1 7 . .J-'-J!?irt. ,' y & j&S j I Ft!., Aug. IS, It 50 The Newt-Review, Ros-burg, Ore. 9 TO MEET MIDDIE S West Pointers leave lo board a transport (baukrround) In HMson River tor a joint amphibious operation with Naval Academy middies In Chesapeake Bay. Rail Strike Call Affects 1,000 Men At Portland PORTLAND OP) About 1,000 railroaders would walk out in the Portland area if the trainmen and conductors strike next Monday. D. P. Pitcock, a spokesman for thV Brotherhood of Trainmen, said all rail facilities would be halted in the . area. He said the local here had not yet received strike instructions. "The "Vanishing Indian" now is a myth, and New Mexico's In dian population is increasing siowiy out stcaauy. RENT ISSUE VOTE SET PORTLAND P The city council has decided to get the people's opinion on rent control. So, the November ballot will have this question: "Shall the city council take action to cause the end of federal ten control in the city of Portland?" The answer will not be binding on tne council. SLIPCOVERING Drinerleo ond Bedroom Enicmbloi All kind, of oowlnr for tbo boml. PRICES REASONABLE SATISFACTION GUARANTEED MRS. L. E. EDSON 111S t'olrhoven Fhooo 11U-RX BUSTER BROWN 7 fcuooi Pays Jamboree I AUG. 19 TO SEPT. 16 r, iSf" Sniffle' Ut Mother, be sure to see our wonderful selection of brand new Buster Brown back-to-school styles before you outfit your youngsters for school' During the nation-wide Buster Brown School Days Jamboree, we are featuring complete stocks of top-quality Buster Brown school shoes. Bring your children in today, and let our experts fit them in fine Buster Browns. You can depend on Buster Brown quality . . . and they are actually economical because they wear longer, and give more all-around shoe satisfaction. See our stock today! Mr. AmMMfr Mae's D.lljH Year In Jail, $1,000 Fine Dealt Drunken Driver PORTLAND M William Bozarth, M year-old machinist. will, have a year in jail in which to reflect on driving while drunk unless he wins his appeal. The year's sentence plus a SI .000 fine was levied yesterday by Muncipal Judge J. J. Quillin. In addition, Bozarth drew a 90-day term and a $260 fine for driving without an operator's license. His attorney filed an appeal bond. Judge Quillin said it was the see. ond time in his years on the bench I he had imposed the maximum municipal court penalty. Bozarth's police record, shows a drunken driving conviction in 1935, a hit I run conviction in 1936 and driving ; without a license conviction in 1934. OIL MAGNATE DIES ATLANTIC CITY, N. J. (.PI I Frank Phillips, 76-year-old- Okla j homa oil magnate, died Wednes. day at an Atlantic City hospital. He began earning as a barber's apprentice. His personal fortune was estimated at (40 million. 1 fe tfMmA wm Want to Make the Best Apple Pie of Your Life? MAKE APPLE-IDA PIE! Write for the Recipe BOX 462 IwRumii'miniiin wanni iia,iwnM.,i.iai There's remarkable new depth and tone brilliance with the Motorola 700. Electronic push button tuner, razor -sharp selectivity. Full tonal range for natural studio tone. 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