Image provided by: University of Oregon Libraries; Eugene, OR
About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (Dec. 21, 1955)
4 Th Ntwi-IUvltw, Rottburg, Or. Wd. Dee. 21, 1955 Inflation Threat Faced In Excess Of Money Supply Over the pait 45 years the na tion's money supply has increased from 10 billion dollars to over 1.10 billion dollars while the physical volume of goods and services pro dured has only tripled. This was revealed by the Na tional Association of Manufactur ers in a special study which delves into the causes of inflation. "An expansion of the money sup ply faster than the expansion of the supply of jjoods can have hut one re&ull a rise in the price lev el," the NAM stated. On the aver age, prices are about three times as high as in 1010. The nation's money supply is con sidered as consisting of the amount of currency in circulation plus the amount of demand deposits in banks. "Greatest Rrowth in the amount of money came during World War II when the government was forc ed to borrow from commercial banks and the Federal Iteserve banks in order to finance the war. And since the money was spent on war goods, there was no addition to the amount of goods and services' in the country, the NAM pointed out. I W hen the money supply and the amount of goods and services in-' crease at the same rate, there is no inflation, the NAM study con- i eludes. ft My TO ACT Sen. Theodore F. Green D-RI) says he'll intro duce legislation next year to help determine when a presi dent Is unable to perform his duties. In 1949 he wanted a joint congressional committee to study the problem, the idea passed the Senate but died in the House. LANGUAGE SUPPLY SHORT MONTREAL W Santa Claus spoke In seven languages. Sun day at the annual Christmas party of the Immigrants' Aid Society, but even that wasn't multilingual enough for some of the 16.1 young sters. Seventeen different national ities were represented. Have BARNHART CONSTRUCTION Plan Your Remodeling! Roofing Foundotioni Inmlolien 9 Kitchen Rtmorftlinf FHA TERMS NOTHINC DOWN (3 Yean To Poy) PHONE OR 3-4212 Robert Bashford Home Lighted In G. Valley By ADDIS SCHNEIDER Many homes are colorfully light ed in the Christmas motif along the Garden Valley road. Among the most delightful lo see is the Hubert Hashford home which has Santa and Kudolph on the housetop, green and red trees in the windows and lights along the driveway. Move To Winchester Mr. and Mrs. Howard Basson and Jim have moved into their new home at Winchester for Christ mas. Kirk Uaidifk is working on the coast improving the rest rooms of the county parks. Mr. and Mrs. Hichard Zuver, Ku gene, visited his brother Klton Zu ver and family over the weekend. They also visiled with her mother, Mrs, John Hunt in Hosehurg. Felix Kaddatz and his sons, Fe lix and Terry, wont to 1'owers Sunday to visit with his mother, Mrs. Kmina Kaddatz, and his brother. Max, and his sister, .Mrs. Kulda Harkett. Terry Kaddatz went to the I'ni versily of Oregon in Kugene Satur day to attend a clinic and receive special instruct inn in wrestling, 'lorry is a member of the Itose burg High School wrestling team. I V ' v - 4 4' r st - i V 4" fit; TURNCOAT COMES HOME TO MOM Eyes closed former I'OW turncoat Kichard Tenneson and his mother, Mrs. Portia Howe of Alden, Minn., embrace at the airport in Minneapolis as he arrives home from Red China. It was the first time they had seen each other in five years. Tenneson, who decided to remain with the Chinese during the Korean prisoner of war exchange, decided to return home recently and was released by the Chinese Commu nists Dec. 13. Push-Button Warfare Cost Runs High; Ending Hopes ForCutln Income Taxes Rock Hudson Proves Movie Marriages Can Be Quiet By BOB THOMAi i with the younger let n Rock, ire I supposed to be public property. HOLLYWOOD W Hollywood'! i while not being i defiant bout bridegroom of the yer ii hand- jt as Marlon Brando. Rock has some Hock Hudson, who has prov- genlay rebelled against the sys- en mai movie marriages can ui i,,, ir wlu play ball up to private. certain point, but draws the line This is hcresv to the Hollywood when his privacy is involved. publicity mill. The lives of the! The success of his methods was stars, particularly one so popular' proved Nov. 9. That was his wed- Playground Equipment Gets Go-by For Pupil Interest In New Thunderjet Plane ding date. No one suspected he was going to get married, although he had decided last March to w e d pretty Phyllis (iates, secretary in his agent's office. "We couldn't get married then." he related, "because 1 had lo start All That Heaven Allows' with Jane Wyman. After that, 1 went into Giant.' That's what delayed us so long." He said that h and Phyllis de cided on a Monday that they would get married in two days. The op eration was carried out in commando-like secrecy. An operative was sent north to Santa Barbara to scout the Situa tion He linM up the plare Inr the wedding and interviewed the min I ister. When Hock and Phyllis drove up with a small party on Wednes ! day, he applied for the license un Ider his legal name, Roy Fitzger ald. No one divulged his identity. 1 After the wedding was over, the necessary news sources were called, to keep peace with the I studio. Then the pair vanished on a honeymoon. I They even had privacy on their 1 honeymoon. They went to Jamaica 1 under assumed names, the airlines plaving along with their hoax, j Now they're back in Rock's set Strip, and he reports that the fans haven't even bothered him there Hydraulic Jack Repair Work guaranteed YOUR HOiM ELITE DEALER P. C. Briggs COMPANY 2332 N. Stephens St. Phone OR 3-7568 Ice Harbor Dam Bids To Be Called In January ! WALLA WAI.LA Army Kimmi'crs announced Monday bids will be called nrl month for the first ma or const ruction work on Ice Harbor Dam un the Snake Jtiver. The riMl bid vail will cover a south shore cnfYerda m, a tempo rary dam lo block off (he river while a section nf Ihe dam's base i constructed. Col. Myron Pane, Walla Walla district engineer said. The engineers also will rail for bid on turbines early in 19,'rti. Preliminary work will he started tinder a 1-nnllion dollar appropria tion authorized by Congress. By SAM DAWSON NKW YOliK '.ft Pushbutton warfare comes hih. The indicated rise of one billion dollars in spend ing for defense dims the hope of businessmen today that the heavy load of taxation that business car ries will behhledned The increasing costliness of to day's super-complex weapons may also cut Ihe chances of the indi vidual taxpayer for much relief soon. If you must blame someone, blame the scientists. their ideas grow costlier. Business hopes for tax relief had urown out of Ihe business boom itself. (Iross ea mini's are so re markably Hood and payrolls so high that Ihe U.S. Treasury stands to lake in next sprint; a billion or two more in lax collections than it had counted on when Ihe bud net was drawn up a year agri. This seemed sure lo balance the budyet and perhaps leave room for tax relief most likely at the indi vidual income tax level, and pos sibly at the corporate income and excise tax level. That was before the Russians ! turned their smiles in other direc tions and returned to calling Uncle Sam and his friends bad names. . Defense needs are more apparent ' now than in the days of the "spirit of fleneva " I But the real coup de grace to ! cuts in defense costs was given by the scientists, j New weapons in this age nf I atomic warfare and Rinded mis : siles come with ever higher price ' lays. Businessmen have seen the sci entists do the same thing to them. The diiys when a firm made one product year after year maybe, fast fading. This year's gasoline has a higher octane rating than last. The drugs that grandfather used are over shadowed on the shelves by ones he never beard of. The kitchen you consider a simple necessity would have been unbelievable to great-grandmother. The cars, appliances and other durable goods you buy today cost more because today's gadgets are more complicated and scientifically advanced than Ihe ones Dad bought in the good old days ones that ' you wouldn't buy today even if they were offered at a compar ably lower price. SANTA PAULA, Calif. When it's recess time at the Glen City Klemenlary School the youngsters make a bee line for an honest-to-goodness Thunderjet plane. Yep, there in a prominent spot on the school's 10-acre playground, stands a sleek, gray plane, steps leading to the cockpit on one side and a sliding board leading down the other. The playground'i con ventional swings and slides stand idle and forgotten. "It just got here," said Mrs. Ethel Hamilton, whose second grade boys and girls were oh-ing and ah-ing about their new play thing. Mrs. Hamilton explained that the youngsters read a story last spring about another school being given a jet plane. The children at that school liked to explore it and draw pictures of it. When her own pupils pleaded with her to get them a jet plane. Mrs. Hamilton, with the approval of the principal and superintendent, wrote Ihe Air Force. The pupils ' wrote some letters too. I Vacation time came and passed. The Air Force information office at Los Angeles, pleased with the ' idea, was turning official wheels i to see if a jet aircraft could be procured for Glen City School. The big day finally came. A 70 foot, 20-ton trailer rolled down the highway toward the school. On top i was the Thunderjet, complete ex icept for its engine. A big red tag jsaid, "For the students at Glen City School, The boys and girls were delight fed. It did not matter that the ; plane was nearly 10 years old and ', had been classified as surplus. Mr. Dorothy Pinkerton, princi pal, says the plane will be a func ' tional piece of playground equip- ment and a subject for sketching. ! and drawing. I "The youngsters love to study '. it. They'll be able to learn with j such a model to translate on paper I their ideas of inanimate objects," i she said. "Then too, the plane will be a symbol of them of the jet age, an era of danger, and it will foster i respect for the Air Force which i dedicates itself to our defense and ! safely." Alex Stalcup, 10, heartily agrees. I "Boy, wowie, it's sure big. Can it fly? I'm sure happy. We waited i a long time. Gee." i The Air Force happily noted that ! "a lot of youngsters all over the land haven't seen a jet up close, and it will surely contribute to these youngsters' education about jthe world today." j Over 20 million pounds of cheese 'are produced annually in Oregon. you can make wide-angle and teleohoto movies with this I NEW I "TURRET BROWNIE9 You get this 3-leni fonge at a 1-ttnt price, tool Camera, com plete with turret and lensei, $79.50, inc. Fed. Tax. See thii remarkable movie maker here now. Eaiy terms. IjtsT-WB JEJT J.C. SPORTING GOODS and CAMERA STORE 509 S. E. Jackson Open Til 9 P.M. Henry Kennedy and Selwyn Junes finished one-two in the Mich ig mi AAU cross-country champion ships in 19.W. They are Michigan Stale's standouts. Writable WITH WEST1NGH0USE ELECTRIC HEATING, C I 'I x 1 huh nun nun mm nun unit !' lip';1 91 '"3! -dirt.." i ij Si"1 !lrtl lllllllm,, Vs.7.s "1 1 IL mm it If you are building a new home or mndcrniiing your nreient home i.. this is your iniwtr to comfomble electric lining. Vi eitinghuuse proTi'dcs "Double Action" hcanng-rWM'teK plus ctrcuLiton-iot hird to-heet ronmi pliyrnnmi, summer cottage end other small building!. Attractive, modern dttign blemU with enf color scheme. Adjust-o-matic control maintains room temperature automatically. Faitly i n ml I d -connect to any 220240-Tolt, i t clrcohj Set it today at 'lfT t If II I FREE PLANNING SERVICE Let yi help you plan the electrical fcoturei you want in your new heme. FREE ESTIMATES OF COST Atk for Dou Hayat or Bill Simt. Thy will tall you hew much your wirtno and elec tricol feature! will coit. 622 S. I. Jackson Phone OR 3 5521 AILING The Rev. Bernard Ft. Hubbard, famed "glacier priest' of Alaska, is reported In sell out condition after suffering a cerebral hemorrhaRO in New ark, N.Y. Father Hubbard, 67, ranted his nickname for his study and numerous explora tions of Alaska. He's shown above taking movies on one of those explorations. Band Uniform Purchase Drive Forges Ahead The drive lo buy new uniforms for ItoseburK lliuh School band members forged ahead this week. A progress report hy Hill Garri son indicated that Band Booster and Indian Club members have collected S.)72 f6 "clear." The adults started the contest Dec. 1. It will end Dec. 30. Grand prize in the contest is a foreign make car, which now has been paid lor. The vehicle will be on display ihe remainder of this week in front of the Douglas Conn ty Stale Bank, Hoseuurg. It will he shown to persons attending- the' Medfonl - Itoseburg basketball 1 game tonight. Garrison, secretary-treasurer of the Indian Club, has requested that persons who would like to donate money toward the purchase of Ihe uniforms contact him at the Doug Ian County Slate Bank. The uniforms will cost around Sfi.Ouu. The adults hope to purchase lot), at a cost of SfiO each. The band fund totaled around $2,300 before the contest started. NOW FOR RENT hand or electric adding machines InrludlnK InO'nt raodpl aulomnllr 11 KMT HALAXCE , PURCHASk USE OUR RENTAL PURCHASk i fUck of "TOT At liyou1omoHco)ty computet cradif bo'emte. No tro hv. No extra opetotion. We Give S & H Green Stompt Available oompli rn Vkfer odo Ing machlnM . . . Ml keyboard, lO hy, hone" and elvctrk medi. Roen's Office Equipment FORMERLY KEN'S OFFICE EQUIPMENT 1333 S.E. Stephens, Roieburg Ph. OR 3 5454 n lAff 7 '53 IT'S NOT A MEW DISCOVERY!! WHEN BETTER AK liP AAA HP A DOWN PAYMENT BUICK Super hardtop. For the best in motor transportation. $550 CHEVROLET BelA.ir2'door,clean'b,ackandbeau,iful,Pow' 450 FORD 8 victor!a.'iarc',op' Wan' f rea''y 9es c'ean ant' s'iarp 450 DODGE Y 3 Roya' c'u'j coupe' iow mi'eage' ne wner 'ca' 550 hAMTIAT 0 Star Chief 4-door. No where is there a cleaner $T Cn KUnllAL O one, hard to resist JjU 111 II I Y'f 4 wheel drive station wagon. Only 9,000 miles on $7(1(1 Iff ILL I J this one. A sportsman's dream 1 Wv FORD 8 Custom 4-door. Only "Big Wheel" can do this. . $300 Rllirif uPer convertible. You would like to own one if the price $ AAA DU I U was right, wouldn't you? 4UU DHNTIAT A De'uxe 4-door. Special leather interior. Runs $TA rUltllAL Q A-l. Standard transmission ZJU PLYMOUTH 4-door. Price is greatly reduced on this one. . . rUCUDAI ET 4-t,oor Power Glit!e-The cIeanest '50 Cnev in $1 CO IriLfiWLLl town. Radio and heater LJM FORD 8 Custom 4-door. Very clean. Well cared for. Overdrive. . M95 BUICK U'per ',ar('fo',' an care'ree' cmfr,ak'e mi'es 295 f HPUDni FT Bel Air liardtof-The best and ,he c'eanest in $?cn LnLvKULCl town. Standard transmission JljU CHEVROLET Club Coupe. A "Big Wheel" special. . . M65 OLDSMOBILE ?ecz:r.pai",:0,erhoul:Newi": $235 OVER 120 CARS TO CHOOSE FROM EASY TO PAY GMAC TERMS '53 '53 '54 '54 '55 '52 '52 '51 '51 '50 '50 '50 '51 '50 49 11 " G WHEEL 548 S. E. Srcphens USED CAR Ph. OR 2-1041 1
