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About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (Aug. 7, 1958)
Observer, La Grande, Ore., Thurt., Aug. 7, 1958 Page 12 Recapping Turley's windows Complete Units fa Your Order Miller's Cabinet Doctor Reappointed To Veterinary Board SALEM (UPI) -, Reappoint ment of Dr. James t,. Adams, Oregon City, to a new four-year term on the Veterinary Medical Examining Board was announced Tuesday by Gov. Robert D. Holmes.. The Governor also announced appointment of Vera Hawn, Eu gene, to the Stale Board of Cos metic Therapy Examiners. She succeeds .Arthur J. Walters, also of Eugene, who resigned. Burton M. Smith, Portland, was reappointed to the Oregon State Board of Accountancy for a new four-year term. BAVh'o A SnQP fo Win! DOTPSbig outdoor snapshot CONTEST ft 7Uj4 $1,500 SEASWIRl tOAT 4 TRAILER Sm(PUfe $1,200 AIJO HOUSE TRAILER Su( Mjt $250 KODAK MOVIE OUTFIT PC4 THRH $17.M KODAK CAMERAS IVMV WUKI , . CMirlaM UMM Kin ytw ,IIHI, Me HHltM ioyd COFFK CO.. r.O. IOX IJ3J, fOtlUNO 7 OKI. ovp s winnhs or IH( WfW. ' Robert D. Englund Mrs. Arthur E. Park Allen M. ROSSMAN 501 8th Street 9203 E. Broadway 6259 S.E. 32 Lynden, Washington (Dishman Branch) Portland 2, Oregon '.', Spokane 62, Wash. Wjm M wt. INMmlt iu All ENIIIES UKMUi rot OAND PRIZE SI News Coverage Costs In Crisis Area Discussed EDITORS NOTE: This dispatch was requested by a United Press International client, this editor following day-to-day developments in the Middle East crisis, became intrigued with UPI Correspondent Dan Gilmore's taxicab ride across the desert, the flow of UPI cor respondents into the crisis area and the wordage required to re port events. He wanted, to know something about costs. LONDON (UPI) The cost' of covering war and crisis is an ex pensive business today. A COO-milo taxi ride across the desert. . .a chartered airplane ride . . .telephone calls at $3.40 a min ute $100 "urgent press" rate cables . .they all add up. These were some of the items involved in covering the Middle East flareup in Iraq, Jordan and Lebanon. Immediately after the Iraqi rev olution July 14, Daniel F. Gil more, United Press International Home manager, and Dieter Hespe, UPI photographer normal ly based in Frankfurt, were or dered from Beirut to Baghdad. The problem was: How to get there? There was no Beirut-Baghdad air, rail or ship service. They hailed a taxi., The cabbie look them from Bel- IKS ' mSmSmi MM VFDA - 188 - Norqe keeps'foods flavor-per fect at constant zero temperatures! 1 . Super-powered Safety-Temp' Compressor. 2. Open-coil Jet-Freeze Shelves! 3. Custom-Formed Insulation ' LOOK AT THESE OTHER 1 TERRIFIC FEATURES I ' r ' ' !' Excluilve Touch-A-Matlc Door Han I die iwingsdooi open al touch jf hand. , , New Hondidor' Storage has double deep shelves and swing-away door -! guards.' Full Width Roll-Out Basket gives i quit acceis 10 Tooa pacKages. ' U.I.I. SI IL. t naiui o I lo., Exclusive Drl-Woll Condenser keeps moisture from forming oa outside of freeier. wy , Exclusive Defrost-Draln. 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The cabbie demanded and got $100 each. The correspondents bought wa ter jugs, filled them with lemon ade and started out. But the time they reached Baghdad, the 620 mile trip from Beirut had cost the two UPI men a total of $272. Then there was the problem of getting the story and pictures of the revolt out of Baghdad un censored: Routine dispatches were filed under strict censorship and were delayed from 24 to 36 hours. While Gilmore worked for two days reconstructing the story of the revolution and Hespe took and bought pictures, UPI correspond ents Anthony' J. Cavendish and Larry Collins were working to help them back in Beirut. They chartered a private air plane to make a single trip to Baghdad and back. The cost in eluding liberal "gifts," ran to $2,350, but because other . news men went along the UPI share was $850. The "UPI special" returned to Beirut the same day carrying Gil more's uncensored dispatches and Hespe's first pictures. But the telegraph circuits be tween Beirut and London, the main relay point for news bound for the United Stales, were jammed with stories about the Lebanese insurrection. Treasury Urged To Get Busy With Longer Term Conversions By ELMER C. WALZER UPI Financial Editor ' NEW YORK (UPI) With the government bond market in a turmoil it is suggested that the treasury get busy with some long er term conversions on the order of the recent Canadian govern ment financing. . First National City Bank of New York .makes this suggestion fol lowing hectic speculation in U.S. bonds that required billions of dol lars of Treasury and Federal re serve support to bring some order into the market. The Treasury support has a de flationary impact in that it takes bonds off the market. But it cuts into Treasury funds. Federal Reserve support of the bond market pumps more credit into the economy on top of a rise of more than $8 billion' in bank credit in the first half of 1958. This credit has a way of going to work and here then is an in flationary push that is causing worry among the experts. Willi the bond market now show ing some semblance of stability, the Treasury still is faced with many problems:' 1. It must raise $10 to $12 billion in new money to make up for a Treasury deficit this fiscal year. And it will be competing with re covering industry whicli will need funds. 2. It must retain a market for $22 billion of 91-day bills. 3. It must refinance $4C billion of marketable certificates! notes and bonds maturing in the next 12 months. The way things look right now the financing ahead must be done through the bank of issue. In other words, the Treasury in depending on banks for its financing lends a hand to a big credit inflation. Poisonous Fumes Cause 60 To Be Hospitalized VENTURA, Calif. I UPI) -Five children remained hospitalized to day, one in critical condition, from poisonous fumes spewed ov er a . 10-block area by a tank . truck. More than 60 persons were tak I en to Ventura County General 'Hospital Tuesday after a connec tion between the truck and a stor age tank broke near a trailer court' park at Santa Paula, Calif. In this connection, First Natio- al City Bank says: ' "Financing governmental, defic its through banks of issue is a hazardous business. "It raises the specter of uncon trolled inflation. . . "It can create circumstances in which government bonds can be made saleable only if they are tied to cost of living indexes or the price of gold. "The unfortunate aspect of the Federal Reserve's massive inter vention is that it gives encourage ment to inflationary psychology." First National City says the sounder way is to follow the Ca nadian example. Canada launched a huge refunding involving about 45 per cent of the $14 billion Cana dian national debt. Canada offered holders of $6.4 billion 3 per cent victory bonds issued during World War II and due from 1959 to 1966 four non callable securities ranging from 314 years to 25 years with no in vestor permitted to exchange for a maturity shorter than he held. Higher coupons sweetened the issues and bonuses were thrown in. Coupons ranged to Wi per cent, the highest rate on domin ion bonds since 1932. This, says First National City, "looks good to conservative investors even in an age of creeping inflation. "The Canadian plan accom plishes at one fell swoop what Secretary of the Treasury Robert B. . Anderson has been attempting to work out slowly, over an ex tended period of time. "The beauty of it is that the Bank of Canada is relieved from pressure to help the government with its financing problems. "This sort of step is one we should be considering." But the bank considers as most essential getting government ex penditures and financial commit ments under control and adds: "It is not fair to ask anyone to buy bonds of a government which seems to be embarked on deficits as a way of life." FOR ATHLETE'S FOOT USE KERATOLYTIC ACTION BECAUSE It sloughs off affected skin. Exposes deepset infection to its killing action. Get instant-dry ing T-4-L liquid, a keratolytic, at any . drug store FAST relief or your 48c back. Use T-4-L FOOT POWDER too gives a film of an tiseptic protection. NOW at PAYLESS DRUG b IL lib BMrl BEST for FENCES ft HIM MM I BETTER COLOR-LASTS LONGER-EASY TO APPLY JUST ROLL IT ONI Jake Advantage of Big Special Off er a BRUSH ROLLER TRAY u BP an toss? GEE? 0E limited tint off M when you buy 5 flelrOrM Of ITKK. ,CAV. no'" LA GRANDE LUMBER Fir J.fferton WO 3-3113 So in the interests of speed, Gil more's dispatches and Hespe's pictures were air freighted to Rome on the first available com mercial air liner. From Rome, the news stories were sent to London over the UPI European teletype network and from London by radio teletype to New York at 60 words a minute. Hespe's pictures were radioed from Rome to London and New York. Thus, from the time Gilmore left Rome and Hespe left Frank furt until their stories and pic tures moved on wires in the Unit ed States, it had cost $764 for their transportation, $850 for the plane charter, $9 for air freight charges, $54.30 to radio one pic ture to New York and London and $123 for five days at hotel rooms. That brought the total to $1,800.30 not counting their sal aries, incidental expenses and special insurance taken out by UPI. Few news stories have equalled the Lebanese insurrection in terms of proportionate cost to news agencies. A 500-word dispatch from Beirut to London at the regular "press" rate cost $35 7 cents a word. But after the U.S. Marines land ed in Beirut July 15, the flood of correspondents in and the flow of copy out became so great that telegraphic services between Bei rut and the outside word began to hog down. Reporters, who cannot wait up to 10 hours for their copy to be delivered, began to use "urgent press" rate at just under 20 cents a word. When urgent press began tak ing several hours for delivery, they resorted to the telephone at $3.40 a minute to London. Connections frequently were so bad it could and did take 20 min utes $68 or more to dictate a 500-word dispatch. And UPI cor respondents in Beirut have as many as a dozen dispatches a day. Correspondents in Beirut also called Paris, Rome, Zurich, Frankfurt and New York trying to clear communications difficulties. Sometimes it took calls to three points to clear a single message. Hoop Hps?- Dr. W. O. 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