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About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (Nov. 7, 1951)
4 Tha Ntw-Rviiw, Rotoburaj, Ore. Wed., Nov. 7tfc, H51 For Distinguished Disservice To The U. S. A. In the Day's News r 2 ' yUltriae' Daily leea U4r ay tka Newt-Review Company, Inc. fitatta Mo..a el... ulM . al Ikj t.il I aillaa al RtMbari. Or.t.a. aaa.l aol af March t, lilt CHARLIS V. STANTON IDWIN L KNAW Hilar Ma)ta Memkar af Ida Auaeifd Prau. Orfa Nawtaaaar ualllkara Aitacatlon, the Audit luraau a Circulatiaaa aiBMMBtoa af wasr-HOLLiDAi cc inc.. .fftu.a la N.w f.rk, Cbieasa, ' li a raelo, t.. Ana.!. S..llla, J.rll.aJ, fauna a. laraa CI... MalUr Mar J. lata. Ika OHlM al ...bar(. Ortaaa, laa.i Al l Malta I. ISH. amamlPTION HATti la Or..a Br Mall Par tr, l.aai ila aiaalai. II IU iroiIPTlO!l BAlja-a nawa-Ealtw c.rrl.r--.r rr. IIS.M (I. .a. ) C... la.. T..r. ar ataatk. Ii aa. OateM. 0...a-f M.U rar raar, 1 11. Ml ala aiaalka, aiai tkraa naalai. II . OIL WELL DILEMMA By CHARLES V. STANTON ' Announcement that Oil Developers, Inc., have re ceived an unsolicited offer for purchase of their explora tory holdings at Coles Valley is encouraging news. We may be certain that a major oil company would not seek opportunity to gamble a possible one million dollars un less it was satisfied that prospects for striking oil Were better than even. ; After experiencing troubles created by boom growth we shudder to think of what would follow an oil strike but we guess we could weather it. Storkholders will have a difficult decision when they meet to act on the offer of purchase. Many of them, we know, preler to gamble on bringing in the well without outside financial assistance. On the other hand, the sale would assure exploration of much greater magnitude than the local concern can afford. Furthermore, it would bring in a large number of skilled geologists and technicians to furthe" the studies already made by Les Childs, geolo gist for the Roseburg company. If local ownership and control are to be retained, more money will be needed. That money, however, is readily available at least enough to continue the hole now being drilled to a considerably greater depth. A very substan tial sum, however, would be needed to finance other ax plorations of the structure, should it be found that the hole now being drilled is not properly located. Sale of the pros pect would assure two holes in addition to the one now ex isting, thus increasing opportunity for discovery. Indications Said Promising ; While information "concerning the Coles Valley oper ation has been guarded, it is generally known that the geolog ical 'formation has . been promising, conforming closely to structure found in some of the largest producing fblds. That the structure must be favorable is proven by interest shown on the part of major companies willing to take the gamble off the hands of local interests. The fact that a major company is willing to gamble, does not assure the presence of oil. It would indicate that the prospects are at least favorable, however. Regardless of whether . or not oil is found, and, re gardless of action taken by stockholders in either selling their -prospect or continuing the gamble themselves, the community should be grateful to the men who have under taken the exploration. The organization and operation by Oil Developers, Inc., has been widely pronounced as one of the "cleanest" ven tures ever attempted in Oregon. No one was pressured into buying stock. No large scale stoc' sales were under taken. Nearly all investors are men interested in doing a job for the community as well as taking a little gamble on their own.1 ,,-. Some, reportedly, are reluctant to "hedge" their gamble. They prefer to go ahead, even though it means risking more money. Others feel that a sale would be better for the community by assuring a more complete and thorough exploration with a fully protected guarantee of production should oil be found. While individual profits from a strike might be lowered, ooportunity for a strike would be in creased by extending the field of exploration. Whatever their decision may be, they have already made a valuable geological contribution by logging a here tofore unexplored structure, revealing geological forma tions which show promise of covering oil deposits. This information will prove extremely valuable, not only in this immediate area but for the whole of western Oregon, as geologist continue their studies of possible oil bearing formations. ENDING BASKET "A Million Homes i Year For ever" l what the little leaflet put out by the West Coast Lumber men's association oroml.ios, and the text certainly sounds reassur ing, and comforting to remember when one hears the often said "They're stripping oft all the for ests!" Says the Utile leaflet: "Seed trees are purposely left by logsers to provide the seeds required to reforest about 90 percent of the land logged off each year. Many millions of new trees bcgl grow ing ealh year without any help from anyone. . , and hand plantig Of UrHPV'&rnWn hnhv Imaa anH reseedig by helicopter or Diane trees, . hj ..v.iivp.i.-. ur nauc keep the land green with new .rraa. T)llrlniJ Ilia lOiQ.Vl nlotiHnt - - son alone, 16,000,000 seedlings were set out by hand in the Douglas fir region a new tree for every sec ond boy and girl of grade school age in America!" I'd like to interpolate right here that Inspiring boys and girls to love trees is one sure way to safe guard the future of our forests! The trouble is, as I see It. we wait until the children are older than necessary. While the chiid Is tiny, why not teach him to love and care lor "baby trees?" Wny not flive a child a tree his own age and et him "race it" in height? Why noi use every opportunity to untold the book of nature to the little child the very little child not wait for school age? Let's be gin while the child is liny. "Next year's Christmas tree" can be loved and tended a year, and used as a living tree, then returned to the outdoors One home, had a lovely blue spruce that was a year-round joy. Our children, and the neighbor children "saw" that tree all year is it wai at Christ mas, light-bedecked, and lovely with food on for the birds, too Since Wfl lispfl it nnlrinnr. Young fathers, when you have the little lad or lassie out walking, do you point out the beauty of trees, both summer and winter? Do you plant memories as my dad urn, wnue logcmcr, so tnat love oi nature win De interwoven It after years with love of a compan ioning dad? Anqler Uses His Line To Rescue Man From Surf NEW YORK - UP) Elbert sprecner, a Brooklyn television maintenanee supervisor, went fish ing for bass and caught a drowning man. The man, 59-year-old Robert Stuls, likes to swim the year-round for his health. But Sunday's dip in below 50 temperatures and ciioppy surf almost got the best of him. Whitccaps and an undertow bat tered Stills against submerged rocks of the Rockaway jetty. Ho annulled for help. St.rfchrr .17 it,. I "- unm me tun and starled casting his 36-pound-test Hue inlo the surf at the thrash ing swimmer. Thre times he whipped it out, and on the third !ry the weighted line colled around Slurs body, Ilreathlesa. Ih rlcknmaH A In the line, slowly go -hat it would nnt man. tul a lfin.nnnj .1 worker, was pulled in 50 yards to a rock embankment in a -mi. conscious state. Knrpphar aatrl Klula ., r - . -mi. v . tuj first catch." f aP .aaja- -a m Fulton Levis Jr. WASHINGTON This Is a case history of an agency in Washington that continues to publish phony figures in an ef fort to increase its control over credit buying in the nation. The build-iiD to impress Con gress when it returns in January with the need for continued and expanded controls is the brain child of the Federal Reserve board. It issues periodic warnings that you and 1 buy too many tele vision sets, too many automobiles, too many washing machines. The sales talk is that we have too much money , as Individuals, ' too much credit at stores, and service shops. Wc, as individual consum ers, are being accused oi increas es inflation and creating nigner prices by our gluttonous ocnavior. There is no truth in the accusation. The Federal reserve board used the figure of $19,000,000,000 as the total amount of individual credit afloat in the country. The figure is used by every propagani'it in the government wno is eager mr more controls, more bookkeepers, economists, messengers, typists and even more propagandists on the federal payroll. The Federal Reserve board figure Is false prop aganda and I can prove it. But even if it were correct the need for more controls is negative, be cause $19,000,000,000 in consumer credit is still less than 10 percent of our current combined national earning power. For instance, the Federal Re serve board scare-figure, being used to impress upon Congress the need for more controls, con tains the so-called total amount we each owe on current gas, elec tric and telephone bills. This is not a credit figure in any sense of the word. In many cases we pay deposits for all of these serv ices, and in the event we do not Uie eas and utility companies re quire payments at the end of each month or out comes the meter or telephone Another Interesting figure In the board's compilation is $4,134,000, 000 that we owe collectively on automobiles in the form of time, or credit payments. This is one of the major reasons for the board ever getting credit controls in the first place. It is also a phony figure. Instead of charging that we as Individuals are spending too much for automobiles, the board should be honest and admit that its figures include all time pay ments for commercial vehicles. To function, business needs trucks. It always has, and if Congress : will examine this one item care fully it can't help but lose some of its fright over how much is being spent for transportation. Not ' all the automobile credit is tor . joy riding reasons. 1 More than $1,000,000,000 of the total represents Federal Housing administration loans, largely for home repair and modernization. This figure can be eliminated com pletely from the total. FHA loans arc anti-inflationary to start with and are a credit as such that would not be comparable to get ting a cash loan from a bank for buying a consumer article. FHA loans stretch out payments for as long as 36 months, which delays the return of that money into the markets. Federal Reserve board figures also charge against us as individ ual borrowers all sums obtained from banks by commercial users, such as "contractors, manufactur ers and even farmers who buy from feed lots such items as grain and hay. Not even the most rigid controls would alleviate the need of feeding livestock or borrowing to construct , plants for defenst work. So the 1 argument that thts money creates inflation and therefore we as in dividuals should be granted less credit is phony. ..j The truth is that we owe closer to $7,000,000,000 m debts as in dividuals, than to $19,000,000,000. In fact, the total amount prob ably owed by persons buying, ra dios, television sets and household appliances on- installments is closer to $2,000,000,000. For this the Federal Reserve board, and most of the other federal agencies of the government concerned with controls and inflation, want to load the payroll with more employees. Pointing out how phony are the figures : that are being used to scare Congress won't stop the prop agandists. The National Found tion of Consumer Credit, a repu table research organization fi nanced by bankers, manufacturers and retailers, has made direct ap peals to the Federal Reserve board to come clean on its statis tical propaganda. The foundation was ignored, but Congress won't be if it shakes down the bloated statistics to an honest amount. just gave Congress a sample on where to start. Hear Fulton Lewis Daily On KRNR, 4:00 PM And 9:15 P. M. his tidings ,of goodwill. As In past years, the American Legion will insure tnat no x-servicemen in a veterans hospital will have a lump in his throat as a result of being forgotten.',' Umpqua post will hold an Ar mistice day dance on Nov. 10 in the American Legion hall In the Kolhaen building, Roseburg. The music win be furnished by Vic Rice and his orchestra. All legion naires., their families and guests, are invited to attend. Proceeds will go to ' provide gifts for the yanks who gave. Free refresh ments wiU be served by the auxil iary. (Continued from Page 1) dust just somehow doesn't seem to be out of place. Along one aide of the plaza is the three-centuries-old governor's, palace, which have described al ready. The other three sides are bordered by stores, most of them as modern as the UN palace in New York. Maybe the town is old and Spanish, but its merchandise is new and American. In the center is a gracefu), tap ering monument. You are sur- irised when you start to read the nscriptions. You expect them to record the deeds of Coronado and De Vargas and De Arua. They don't. The plaque on the side facing the palace of the gov ernors is dedicated to the heroes of New Mexico who fought and conquered the savage Indians. (The early settlers were chased out after several decades by the savages. The Spaniards stayed away something like 40 years, and then came back and took over again.) The other three sides, believe It or not, are dedicated TO THfl HEROES OF . THE UNION WHO DEFEATED THE REBEL FORCES W THREE PITCHED BATTLES back in 1862! That floors you. It never oc curred to you, probably, that the searing flames of the American Civil War spread that far West. But they did. It happened like mis: In 1862, the South was in the ascendant and its leaders were confident they would win the war and set up a nation to be known as the Confederate States of America, in which slavery would prevail, bo they sought new SLAVE states to be established to the westward from the Old South. In furtherance of this' project General H. H. Sibley raised a force of Texas volunteers and moved iV.o New Mexico. At Val- verde, about 75 miles south of Al buquerque, they defeated the Union forces stationed at old Fort Craig in a pitched battle, and chased them northward. But in a canyon near Santa Fe, the re treating Union trooDS. buttressed by New Mexico volunteers, made a stand and defeated the Con federates ( Rebels, they are termed in the inscription on the monu ment in Santa Fe's plaza). That was the end of the effort to extend slavery westward from Texas. By the next year, the tide of battle had turned, and from then on the Confederacy had no time to spare from the fighting in tn Deep soum Hseu. So, you see. in more ways than one New Mexico is a keystone in our historic arch. The westward spread of human slavery was ac-, tuauy STUrPED in New Mexico. Pertaining tc the Common Stork Par Value $5,000) . LINNTON PLYWOOD ; ASSOCIATION AN OREGON CO-OPERATIVE ASSOCIATION May be obtained from the office of the Awociatioa at 302 S.W.4th Avenue at Oak Street Portland 4, Oregon ATwater 9388 Armistice Dance To Benefit Vets "Christmas means many things to many people, but to everyone it is a time when gifts received are more than just anniversary mementos, but symbols of an abid ing affection," said Ira Hudson, commander of Umpqua post 16, American Legion, when he an nounced an Armistice day dance for the benefit of the "gifts For The Yanks Who Gave Fund.'' "This year, again," he said "beds in veterans hospitals will be occupied by a new generation, young men old in experience but still young enough in heart to ex pect Santa Claus to bring to them Armistice Day Stores' . Opening Is Criticized MYRTLE CREEK So the merchants of Roseburg, by vote, have decided not to observe Mon day, Nov. 12, as Armistice day and are not going to close their stores. My, what patriotism I Whiles the boys are fighting and dying overseas, the business men of that fair city cannot afford to close for one day. There are organizations of former servicemen (ex G.I.'s) who might take notice and be sure to well remember those who are too greedy or unpatriotic to observe one day for the sake of our fight ing men. MRS. D. MILLER Myrtle Creek, Ore. DON'TJ STAY FREE BELT0NE CLINIC UMPQUA HOTEL Tuesday, Nov. 13th and Wednesday, Nov. 14th FRESH BATTERIES FOR ALL HEARING AIDS. , S. C. MITCHELL, Dealer 75 W. Broadway, Eugent (Mtmbtr of J. N. Toft and Assoc.) Special Services OCT. 31 TO NOV. II 7:30 EACH EVENING " FRIENDLY HOSPITALITY " . dm j No vrt Kowtow hoo Mot Woofl L I I a'.tlvarad fcy ' 1 I eitSpjnpMna I 2-263 1 batwaaa I fclSt7Mh'J c-.n rtH - - s - '? Called i a . same youfa&funmce or ,1 r IK. "i t ' i ' V 1 O - Tine cr vice; , ' S s ,;X and fait dealinda 'rtj Phone 2-2611 ft 95? iialgi l"l" d a parcrnltl IPR SAW kaura SUPER-MMS CLOTHES RGHT 'N SPNMNG BASKET 1 arielica i toUtl victory. Dr. Hess REV. WEAVER HESS, D.D. DYNAMIC GOSPEL MESSAGE . REV. WALTER 1 DUTCH) GOEHRINS Singer Musician Church Of The Nazarene 400 E. Douglas St., Roseburg. New EASY SPIN Of I EH WITH AUTOMATIC SPIN-RINSE ELIMINATES SET TUBS AND YOUR OLD WASHER Say goodbye to washday drudgery with a new two-tub EASY Spindrier. No set tubs! No wringer feeding! In stead EASY'S two-tub washing and rinsing action does your week's wash in less than one hour. One tub uwbes, while the other with the amazing Automatic Spin-rinse, double-rinses clothes -cleaner in three minutes and then spins them damp-dry. EXTRA-VALUE FEATURES include exclu-' sive new built-in "Cleanflow" Water Filler. Takes out water-pipe rust and other staining impurities iton wash ing and rinsing clothes. Handy Swing Faucets return suds for re-use, rinse, fill and empty washer . . . all at the flick of a finger. 15. DOWN 18 MONTHS TO SII IT IN ACTION TODAY I PAY M IMIaalaallalV ROSEBURG: 120 W. Oak St. Dial 3-SS74 SUTHERLINt Central and Statt St. Phone 2981