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About Oregon daily emerald. (Eugene, Or.) 1920-2012 | View Entire Issue (Jan. 21, 1958)
Country Can Lick Recession' Ike Says In Economic Reoort WASHINGTON i.t) President < Elsenhower said Monday the I country can licit the recession thin year, pay in full the coat of meeting Russia's new challenge, and go forward to "real economic growth without inflation." Thin economic report, third anil ( lant of the annual White Houae message* to Congress, carried a 42-point program of home-front legislation. Moat requests were familiar, but Elsenhower said they are now "urgent." He pledged that his policies will be shaped to foster the Earliest possible business recov eiy. But he gave no hint that the administration is considering any such strong medicine as tax cuta, public works or deliberate defi cits, and avoided even the words "recession" or "depression." Nationul Production Off Eisenhower disclosed that fhe slump began sooner and hit harder than officials had expect ed. In the past three months na tional production dropped six bil lion, or 1 '-j per cent, he said, from the record rate of 4:59 bil lion a year achieved in the pits vious quarter. And he underscored this warn ing if "unwarranted" wage and price increases emerge from this spring's bargaining, the prospec tive recovery could be delayed. "The latest challenge of inter national communism will require s further Increase in the economic claims of national security which are already heavy,” Elsenhower said. '‘Challenge Can Be Met” "If we follow suitable private and public policies, this challenge can be met without dlatoring our economy, or destroying the free doms that we cherish. "Whatever our national security i requires, our economy can pro- j vide and we can afford to pay." | The business-stimulating effect j of enlarged defense spending al ready is being felt, Eisenhower j reported, and the October re- j versa! of the government's anti inflation policy has noticeably libel adzed credit and cut the! costs of borrowing. Other factors favoring a 195h upturn are visible, he said, in- i chiding: Strong, sustained consumer de- ; mand: “very little" decline in in come,- or total buying power; ris- 1 ing outlays by state and local governments; increased private spending on research and de velopment; and strong business confidence, attested by the long ange programs of corporations for expansion and construction. Humming up, Kisrnhowcr pre dicted : Decline in Business "Ah we look ahead in 1958, there are ground* for expecting that the decline in business ac tivity need not be prolonged and that economic growth ,.an j,e rc_ *umed without extended inter ruption." Other official sources, more ex plicit than the president, aaid the downtrend is expected to con tinue until a turnaround point is reached in the Apnl-June quarter or the July-Septembcr period. The message repeated with om phaxin the administrations re queatH for a higher limit on the federal debt, a one-year extension on present corporation and excise tax rates, the farm program sent to the Capitol last week, and the new plan to aid science edu cation. The President urged enactment of Taft-Hartley Law amendments including a tightening of rc Htraints on secondary boycotts and picketing subject of a spe cial message due later this week and adoption of previously an nounced proposals to further loosen housing credit. loo Early? 9 y Well, perhaps, if you want to be strictly literal. And yet, when (the reaches college age will she he too late! Too late to get the kind of higher education so vital to her future and to i the future of her country? 1 It all depends. There is in the United States today a growing threat to the ability of our colleges to produce thinking, well-informed gradu ates. That threat is composed of several elements: an inadequate salary scale that is steadily reducing the number of qualified people who choose college teaching as a career; classrooms and laboratories already overcrowded; and a pressure for enrollment that will double by 1967, The effects of these shortcomings can become extremely serious. Never in our history has the need for educated leadership been so acute. The problems of business, government and science grow relentlessly more complex, the body of knowledge more mountainous. The capacity of our colleges-all colleges — to meet these challenges is essential not only to the cultural development of our children but to the intellectual stature of our nation. In a very real sense, our personal and national progress depends on our colleges. They must have aid in keeping pace with their increasing importance to society. Help the colleges or universities of your choice. Help them plan for stronger faculties and expansion. The return* will be greater than you think. If you want to know what the college crisis mean* to you, write for a free booklet to: HIGHER EDUCATION, Box 36, Timei Square Station, New York 36, New York. 1 KIIP IT »mOHT Sponsored ns a public servlet, in cooperation with the Council for Financial Aid to Education, by Unification of Tibet Red Chinese Aim HONG l>ON(j 'Jn R* d Chinn has undertaken the herculean tank of uniting lofty Tibet’s patchwork of semi-independent, j j regions, sects and Buddhist| monasteries. It presumably hopes to bring them under the unquestioned au thority of the Dalai Kama and ' the I’anchen Lama, the two liv I ing Buddhas who nominally rule j the country under Peiping’s ! thumb. In this way, the Reds plan to | overcome widespread hostility j which forced them last year to put off for six years the introduc tion Socialism to "the roof of the world." The Communist moves were disclosed in three-month-old cop ier of the Lhasa newspaper, Si Tsang Jih Pao, which have reached Hong Kong. The paper reported speeches by Chinese and Tibetan leaders on the first anniversary of the founding of the Tibetian branch of the Chinese Buddhist Assn. Swiss Will Not Take Initiative for Meeting BERN, Switzerland W Switzerland told the Soviet Union Monday it will not take the initiative to convene a new summit meeting in Geneva at this time. Phone D1 5-1511. Ext. 218. Use Emerald Classified Ads— WANT ADS Rates: 4c per word first insertion, 2c thereafter. Minimum charge 40c. SERVICES I Auto Tops, Seat Covers, Com- ■ plete Upholstery, All Custom Work. LEE’S CUSTOM UP HOLSTERY. 4230 West 11th DX 3-9812. Photographs- House groups and dances. Phone DI 4-3432. The Fehly Studio. HOUSE DANCE PHOTOS. DI 3 6939. Fast and reasonable. A-l AUTO GLASS All Models Satisfaction Guaranteed 315 High DI 5-7171 i We mimeograph alumni bulletins, news letters, etc. Call MISH LER'S. DI 4-7172. HELP WANTED WANTED — STUDENT AGENT for greeting cards — sell to store Commission. Write Hand Print Cards, 133 W. 19th street, New York City 11, N.Y. GIRLS DESPERATELY NEED ED for Classified Advertising telephone solicitation at Oregon Daily Emerald. No experience necessary. No money either, but activity points galore. In teresting work. If interested, call Warren Rucker, Ext. 218, after 2 p.m. PERSONAL ALL ARE INVITED to attend Spiritual Science services at Chapel of Faith, Church No. 222. Rev. Lorena Miliee Spirit Messages Wednesday evening, 7:30 p.m. at 909 West 5th. Eugene. Private consultation by appointment, DI 3-4601. RENTALS One-bedroom partly furnished house. 2 stoves. 2024 Emerald Street. DI 3-3914. FURNISHED ONE-BEDROOM UPSTAIRS APARTMENT. $25. 2530 Hilyard. Call DI 5-4705. NICE CLEAN SLEEPING ROOM for male student. Close to cam pus. DI 3-9443. ROOM AND BOARD. Good home cooked meals. 671 East 16th. DI 3-2269. FURNISHED HOUSE, 2 becT rooms, prefer married couple or men; reasonable rent. DI 4 4109. ROOM ANeTboARD. Plenty of food for 2 students. Close to campus. Phone DI 3-5987. __ FOR SALE TV, LARGE SCREEN PHILCO used table model, rabbit ears. Perfect for roommates or apart ment groups. $S5 cash. DI 3 5038. BLOND 17 INCH TELEVISION, table model. Excellent con dition. $60. RI 6-3581. SNOW SHOES AND SKI OUT FIT, size 10'-2 boots, poles.bind ings. metal-edges; excellent condition. Sell or swap. DI 4 5105. USED CARS 1946 FORD TUDOR. Good tires. Good condition. $85. Phone RI 6-5140. 1954 OLDSMOBILE. super 88, 4 door sedan. Good condition. Hydramatic, power steering, etc. $1220. DI 3-3991. evenings. 1950 CHEVROLET 2-DOOR SEN DAN. Fleetline deluxe; nice con dition: extras. $295. DI 4-9684. 1947 FLEETLINE CHEVROLET TUDOR. Good condition. Radio, heater. $115. RI 6-1405. AUTO REPAIRS Rebuilt Engines $120 10,000 Mile Guarantee! Automatic Transmission Complete reseal job $28.50 Total parts & labor Motor Overhaul $58.50 LOAN CARS EASY TERMS T&A Motors 2025 Franklin Blvd DI 5-1110 Eves, DI 3-4445 SAVE ON GAS HAVE YOUR GAS mileage checked and an accurate tune up by dynamometer. Automatic transmission exchange $75. EUGENE GARAGE 379 East Sth DI 5-5261 COMPLETE MOTOR OVERHAUL (parts and labor) .$59 any six cylinder engine 30.000 mile guarantee no time limit—E.Z. terms on approved credit REBUILT MOTORS short block complete.$149 any 6 cylinder and most V-8's 60.000 mile guarantee no time limit—E.Z. terms THRIFTY AUTO REPAIR 940 Pearl DI 3-7114
