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About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (March 11, 1959)
14 The Newe Review, koseburg. Oft. Wed.. Mor. 11. 1959 tf vl. Tt4th0t BOLIVIA VIOLENCE Angry mob overturned this U.S. Army truck outside the U.S. Information Agency in LaPaz, Bolivia, during anti-American rioting triggered by a Time Magazine article. The article quoted a U.S. Embassy official in LaPar as say ing that Bolivia should be abolished as a country and divided among its neighbors. Two Bolivians have been killed and a number injured since th demonstrations began, but no Americans have been hurt Time Marches On But Bolivia Out Of Step With Witticism r v Halt Advocated On Snake Dams WASHINGTON (AP A top-1 Mountain Sheep Dam and the de ranking Interior Department Otti- I f lomi mihlir nnw.r irnnm c.",'..h'.r.,.:;?v"1'. V'il "J",! for federal construction of the Net River, pending solution of fish passage problems. I'ndersecretary Elmer Bennett said the value of the salmon to the Pacific Northwest is such that us Ion should not be risked by the construction of dams which would block spawning runs and downstream migration. Once salmon runs are destroyed, he said, they are virtually impos sible to restore. Bennett expressed h i view while under questioning at a Sen ate Interior Committee session by Sen. Richard L. Neuberger (D Ore). who shares similar views. Neuberger said later he had asked the question in the light of an application by the Northwest I'ower Co. for a license to build Ex-Douglas Man Named PENDLETON (AP) Wendell E Brown. 37, is Umatilla County a new welfare administrator, suc ceeding Hilda Bent, who recently resigned. Bruwn will assume his new Perce Project, bout on the Middle duties April 1. coming here from Snake. i Douglas County. License Clue To Lost Film By THOMAS J. STONB I.A I'AZ, Bolivia, (AP) How could magazine article touch off violent anti-American demonstra tions in Bolivia, traditionally friendly to the United Stales? Bolivians violently objected to one paragraph of a two-column article in the Latin-American edi tion nf Tune magazine on the country's acutely serious econom ic situation. The paragraph, not carried In the U.S. edition of the magazine, quoted a U.S. Embassy official as saying that "the only solution to Bolivia's problems is to abolish Bolivia. Let her neighbors divide up the country and the prob lems." The article made it clear the official was wisecracking. But it was not funny in a coun try which over the centuries has lost territory to its five neighbors Chile, Peru, Brazil, Paraguay and Argentina. Bolivia, with a population of four million, is beset by one of the worst cases of inflation in South America and is up to its ears in critical economic troubles. As Time pointed out, U.S. aid has saved Bolivia from economic ca tastrophe. Bolivian Tempers Rise But when Bolivians read Span ish translations in La Paz news papers of the Time article, the reaction was explosive. Two thousand marched on the U.S. Embassy March 2 and hurled stones through the windows, set fire to U.S. automobiles and shout ed anti-American slogans. The U.S. Information Service library was invaded, windows were broken, and books and magazines were destroyed. Police, trying to control the mob, used tear gas and fired riot guns. In the melee student Isidro Condori Mendoza, 15, was killed. In another not the next day den tist Juan Alaldonado Barrios, 32, was hit by a stray bullet. Almost 40 policemen were hurt. All gov ernment and business offices closed and thousands marched through the streets to protest the article. No Americans were injured. They remained in their homes, protected by police. The embassy was closed. The embassy staff and some U.S. families moved in with friends in the suburbs. Some American businessmen carried on as usual. Embassy Denies Remarks The U.S. Embassy denied that any of its officials had made the remark that offended. One embassy official told a re porter, "I am positive no one would have said a thing like that for quotation even if joking." NOT A FAVORITE UNCLE Bolivions view on onti Americart cartoon sketched on wall near U. S. Embassy in La Par, where some 700 resident Americans were herd ed togefher outside the city for protection ogainst onti U. S. demonstrators. Cartoon depicts Uncle Som, money bag in one hand, plunging a knife into Bolivia. The riots followed circulation of a U. S. news magazine quoting o U. S. embassy official os saying jokingly that Bplivio should be split up to solve her economic woes. (AP) Time's editor in chief, Henry R.iolic paper with a circulation of Lure evnrettsed rptfrpt At the rp-lKdOO and Kl Diarin. also inde- sults but didn't mention the quota-i pendent and with a circulation of of your license with a magnifying lion! 8.000. carried a translation of the glass. Then I wrote to the De- The Bolivian government was article in full, first informed Feb. 27 by its em- interior minister Walter Gue bassy in Lima that Time wasvara meanwhile released the con carrying an article unfavorable to f,scated copies of the magazine, the country. When a shipment of immediately after the distributor several hundred copies of the picked them ud. thev were seized magazine reached La Paz, it was flom him by members of the seized and taken to the President- youth organization of the govern- jial Palace. ment party, the Nationalist Revo- rresiaent nernan Mies uazo , lutionarv Movement. PORTLAND (AP Ted Jorg of Portland has back the roll of film he lost while on a vacation in Mexico City last December. Fred B. Jensen, Santa Ana. Calif., mailed it to him last week. Jensen said in a letter he had found the film in a Mexico City park, and explained: "In wondering what I could do to identify the owner, it occurred to me the only hope I had would be to process the film and see if there were any identification marks. Mrs. Jensen found the number Papers Given Right To Print Summary TRENTON, N.J. (AP)-A news paper may publish a congress man's lair and accurate summary of a closed legislative committee's hearings, the New Jersey Mate Supreme Court ruled Monday. The court upheld a jury's deci sion which said former Ft. Mon mouth employe Aaron Coleman had no cause for action in his Stioo. 000 libel suit against the Newark Star-Ledger. The uit was based on two ar ticles stemming from the 1953 probe nf the Army Signal Corps center by a U.S. Senate subcom mittee headed hv the late Sen. Joseph It. McCarthy (R-Wis). The senator held news conferences aft er the closed committee hearings about the testimony he had taken. He called the Star-Ledger's report fair and accurate. In the majority opinion written by Justice Harry Heher, the court held that McCarthy's remarks were privileged and that a news paper giving a fair account of them, without malace, could not be held automatically liable for damages. Heher said it was up to the jury to deride if the account was fair and if malice was in volved. Coleman, a former Long Branch resident, now lives in Bayside, N Y. He was suspended during the Mc- Tighter Credit, Interest Rates Boost May Revive Recession, Business Fears By SAM DAWSON AP Business News Analyst NEW YORK (AP) Tightening credit when demand for it is fair ly slack would seem at first glance to pack a faint punch. But the act could be a sleeper, affecting almost everyone in time. The. financial fraternity Is busy trying to assess the long-range ef fects of making interest rates nign er and credit scarcer at this stage of the business recovery. Dearer money hits anyone who must borrow or might want to bor row. It tends to weaken the price of existing corporate and govern ment bonds that pay lower inter est than the new going rate. But the long term effect on busi ness in general is debatable. Reactions to the raising of inter est rates by some Federal Reserve banks run au tne way lrom a shrug the rates were merely that creeping inflation might get onto its teet and start running. President Eisenhower is trying to arouse Congress to the same dan ger. So raising to 3 per cent the in terest the Federal Reserve charg es member banks for borrowing can be interpreted as a move to dis courage any borrowing to finance speculation or a runaway business boom. But it is also true that the in terest the U.S. Treasury must pay the banks for short-term loans has been higher than the interest the banks must pay the fed to get lendable funds. And thus the fed can say it was just accepting the facts of financial life at the mo ment that it was following, not leading. And business borrowing has been notably slack, so that the immedi ate effect of the interest rise could be slight. met with Congress and his cabi net fur seven hours. After the session the govern ment issued a communique which said in part: "The Cabinet met last night to consider the publi cation in Time (of that) which hurts our feelings and which we cannot accept." Not until the Feb. 28 morning papers came out did the general public hear of the article. Translation Published Presencia, an independent Calh- Foreign Minister Victor An drade told a news conference Feb. 28 that he had instructed the Bolivian Embassy in Washington to demand an explanation from the State Department. March 1 editions of the govern ment paper La Nacion carried a strong anti-American front-page editorial saying, "Bolivia is not a football field for Time and we are not going to let the United Slates sell us out." The demon strations began the next day. partment of Licenses. sent me your address." and they Foul up the fuses, George? P Leaders View Plans Affecting Securities WASHINGTON (AP)-The gov ernment is giving serious study to proposals which could revolution ize the present informal and un regulated market in government securities. Officials said here that the Treasury and the Federal Reserve System are considering several proposals, with no decisions reached. A joint announcement by the two agencies said merely that they are conducting a study aimed at pointing the way "to improving the market's functioning and pre venting speculative excesses." Cheer up! You can find... Candles Electric Service or flashlights in the Yellow Pages of your phone book. You can shop for brand names, too! They're listed under the general head ing of the product or service you want. Whatever you need, you'll find it fast in the.. YELLOW 1 1 o a n r r I Wallpaper COLORCRAFT PAINT I WALLPAPER 721 S. . Stephens OR 2-2252 4 blk. So. the P. O. being brought into line with other ,.) tk.it ilnailu hul Knn hioh. er than the fed s to tear that this , " new warning against stock market Business hasn't been borrowing exhuberance and the gathering! as much from the banks during the forces of inflation might squelch ; recovery as before the recession the business recovery born of new for two reasons: confidence and prepare the way 1. It has more cash of its own. for another recession. This has come from stringent The truth may be somewhere in measures taken during the reces the middle. I sion to pare costs to the bone and I to postpone, all kinds of spending. Ike Signals Danger frl)m depreciation allowances in Federal Reserve Board ufficials have made no secret of their fear Carthy probe and later dismissed. A federal court ordered him reinstated. m " A aodrf l80-hn j Xrnona Freezers are ovoiloble from 12 to 25 cu. ft. Deepfreeze HOME A FREEZER Jt AvWu Only by TlTff OHO lUupqmValki( R0SEBURG 648 S. E. Rose Diol ORchord 3 5574 writing off the many plants and quantities of new equipment put into place in recent years, and from living off inventories instead of buying more materials. 2. Business has completed Or cut back many of its expansion pro grams. It thus doesn't need to bor row as much as when the pro grams were growing. It isn't business but government and to some extent home construc tion that built up the demand for lendable funds in recent months and sent interest rates rising. The federal government has had to bor row because the Treasury is run ning 13 billion dollars into the red. Stale and local governments have had to borrow because they are building all manner of facilities and financing all manner of services The Fed's dread of inflation may be more fear of what government deficits can do to the money and credit supply than that business may want to borrow unwisely. And ils warning it will try what means it can to curb inflation may be aimed more at the continuing wage-price spiral and stock specu lation than at fear that business may get loans too cheaply. Dormitory Cash Okayed SAI.KM fAP The Senate com pleted legislative action Tuesday on a bill to permit construction nf nearly nine million dollars worth of dormitories at Oregon's state tiriiversity and colleges. The bill increased the bonding limit for dormitory construction from S15.3So.000 to 24 million dol lars. The bonds are financed by dormitory rentals. ' - i Plymouth's got it in station wagons, too ! k. 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