Senatorial Talk On Interest
Sparks Inflation Discussion
By ELMER C. WALZER
UPI StaH Writer
-NEW YORK (UPD-Senalorial
discussion of wayi and means lo
lower interest rales has set ofl
a lew inflation discussion in Wall
Street.
- Wall Street is convinced that
tinkering with interest rates to
bring them down can only be
done through manipulation of the
government bond market.
If the Federal Reserve banks
buy government bonds the credit
supply can be blown up to fan
tastic heights. As the money sup
ply is built up money rates will
go down.
t Thus the aim of the senators
would be accomplished. But the
result would be the purest kind
Of inflation. Many refer to it as
an exact equivalent of printing
CAPTAIN BRA VES STORM
BEARING MORE BAD NEWS
By FRANK ELEAZER
UPI Staff Writer
WASHINGTON IUPI Capt
Roger ' Ghijs, braving storm,
calm, and a l'otomac River
bridge too low for his mainmast,
has just brought the Belgian sail
ing ship "Mercator" across the
Atlantic bearing more bad news
about Russia.
The lutest disquieting word is
that when it comes to ships under
sail, the Russian navy is fust
pulling out ahead of the world.
The United States isn't even try
ing to keep up, although Capt.
Ghijs is too diplomatic to say
Slave Ring
Smashed In
Pittsburgh
. PITTSBURGH. Pa. (UPD- A
white ' slave ring involving 31
"glamorous" young ladies was
smashed Friday with the arrest
of an ex-convict who allegedly
Used a gun, in some cases, to
force girls to work for him.
Nicholas Silia Jr.. 24. Pitts
burgh, who has served time on
forgery and fraud charges in four
federal penitentiaries, was held
without bail in Allegheny County
Jail.
Silia's arrest climaxed an in
vestigation by the FBI and county
and local authorities. Silia was
charged with pandering, rape, vi
olation of the Uniform Firearms
Act, pointing firearms, and con
tributing to the delinquency of
minors.
The suspect, according to De
tective James V. Oe Stout, em
ployed girls ranging in age from
17 to 38 and paid them about
$125 a week.
' Authorities said he used news
papers and business cards to ad
vertise 24-hour "escort service'
with "glamorous young ladies"
for conventioneers and visiting
businessmen.
Also arrested in the case was
William E. Thompson, 25. Pitts
burgh, on charges of adultery and
contributing to the delinquency of
minors. Authorities said he was
involved with one of the girls.
Both suspects waived hearings
Friday night and were held for
court. Thompson was freed under
iS.OOO bond.
At least six tecn-ased girls
signed statements claiming Silia
lured them into the ring, detec
tives said. One girl said Silia
forced her at gunpoint to submit
to relations with a customer and
that he also forced her to have
relations with him, De Stout said.
Crippled Marine
Saves Three Men
MALIBU, Calif. (UPI I A chair
bound ex Marine was credited to
day with saving the lives of three
persons whose boat overturned 12
. fillies north of Point Dome, near
Zuma Beach.
Lifeguards said the paraplegic
veterun, Robert Gross, 40. and a
companion, II. W. Van Wagner.
90. San Diego, were fishing aboard
Cross' 23-loot cabin cruiser Friday
when they spotted the overturned
skiff.
Clinging to the IB foot craft were
Owner Frank Whitehead, 28. and
his passengers, Willingham II.
Chalmers, 42. and Chalmers' niece.
April. 12, Kansas City, Mo.
. Gross, confined to a wheel chair
radioed to Paradise Cove (or an
ambulance alter taking the trio
aboard his boat.
First TV Marriage
Ends In Divorce
LONDON UPI America's
first television marriage ended
In a divorce court here Friday.
English actress Eunice Gray
son, 28, and scriptwriter 1-ciuh
Vance, 37, were divorced on
(rounds that she had deserted
him.
They were married in a New
York TV studio in July, iwm.
with a nationwide TV audience
I guests. They received wedding
gifts worth about (2.000 from
press money which never has
been tried throughout the world
without disaster.
Cooler heads in (he financial
district do not think the govern
ment would tolerate such an ex
pedient to make it easier fur the
Treasury to refund bonds. But
the mere mention of ' a possibil
ity it might be tried had an ef
fect at first of putting stocks
into new record high ground.
Railroads, Utihtitt Suffer
And as those things go, the
railroad and utility issues which
would suffer from inflation failed
to keep pace on the upside with
the industrials.
Speaking of the belief that
money rates can be cut by fiat.
Hubert Van Cleave, of the firm
of C. F. Childs 4 Co.. govern
ment bond specialists, says:
anything about that.
Ghijs eased his 2K0-foot three
master barkentine into Pier 5
here Sunday under auxiliary die
sel power. He had wanted to
come in under sail, for better ef
fect. "But I ran out of wind," he
explained.
"Mercator" is a training ship
for Belgian naval and merchant
marine cadets. Fifty of them la
bored 12 hours daily for a month
to accomplish the lutest crossing,
with the help of 30 other crew
men and 13 officers.
Bridge Menaces Matt
They were under caivas 14
days, relying on the engine to
buttle a blow between Hambur
and the Azores, and to combat
a calm between Bermuda and
Norfolk. On the approach run to
Washington, when the 136 foot
mainmast was menaced by a 135
foot highway bridge, the cadets
scrambled into the rigging to un
stop the top section.
The cadets are mostly 18. The
officers are several years older.
Capt. Ghijs, who is referred to
by one and all, including him
self, as "the old man," is 36.
The captain has been aboard
the "Mercator" for 13 years, the
last five in command of the ship.
He says nothing beats a few
months before the mast for train
ing young naval officers. . Appar
ently the Russians agree.
Anywuy. Ghijs said he is ad
vised the Russian navy currently
has 30 vessels under sail in her
cadet training program, with
three more sailing ships now on
the ways.
Barring the prospect some forward-looking
sailpowered devel
ments of our own may be hidden
under a secrecy label, a survey
of defense agencies indicated in
fact the United States now is
down to one sailing ship for ca
det training, and that in the Coast
Guard.
But enough of bad news. Capt.
Ghijs, who views himself more as
an ambassador than a mere sail
ing ship captain, broke out cham
pagne for an official welcoming
party that boarded the ship in
midmorning. Additional corks
were popped for the press some
time later.
1 believe showing the flag
abroad is a means of personal
contact between people," he said.
beaming. "Well, cheerios!"
Trapeeze Artist
Hurt In Fall
ONTARIO, Ore. UPH A
trnpeeze artist who performs
without a net was in a Ontario
hospital Friday with multiple in
Juries after falling 20 feet.
Princess hlame in real life
Mrs. Helen Henrichs, 3t was
doing a show for a predominately
child audience for Rudy Brothers
Circus at the Malheur county fair.
She was hanging by her heels
when she lost her grip and piling
cd toward the ground, striking a
set of stage lights.
Officials said she narrowly mis
sed being impaled on a wire fence
near the grandstand.
Her condition was reported fair
Gregory Peck's Son
Booked For Violation
WEST LOS ANGEI.ES ( ITU
Actor Gregory Peck's son. Jona
than, 15, was arrested Friday and
booked for a violation of the
health and safety code in connec
tion with the possession of fire
works.
Young Peck was arrests after
pclice found firecracker in the
back yard of his Brent wood home.
Another 15 packages were found
in his room, police said.
The youth w;u questioned about
complaints of mail box explosions
in the neighborhood. He denied
anv knowledge of the incidents
Peck was released to the cus
tody of his parents.
CZECH SOLDIERS DEFECT
IENNA U Pll - Police re
ported Wednesday that two Czech
soldiers have defected to Austria
and asked for political asylum be
cause "political pressure in
Czechoslovakia has become un
bearable." The Cieihs, both 20
turned themselves over to Austri
an authorities Wednesday morn
ing at Klein lluugsdurl.
The people, shaking through the
mouths of their elected represen
tatives, thus can order all things
as they desire. . .
Assumptions May Be Wrong
"Two assumptions underly the
arguments in (he upper chamber
both of which may be wrong and
therefore dangerous to the con
tinuance of a free society in this
nation.
First, the voice of the people
demands lower interest rates;
second what the people want, the
people must have, no matter at
therefore dangerous to the con
tinuance of a free society in this
nation.
First, the voice of the people
demands lower interest rates;
second what the people want, the
people must have, no matter at
what cost."
Wall Street knows a great deal
about the law of supply and de
mand. And it knows a lot about
the cost of money.
The cost of money is interest.
It rises and falls as the supply
of money fulls and rises. If mon
ey is scarce, rates are high. It
it is plentiful, rates are low. The
same applies to wheat.
People will pay $1.06 or more
for the use of a dollar for a year.
Back on Oct. 23. 1H07 when the
Knickerbocker Trust Co. sus
lended payments. Wall Strecters
paid $2 2 for a dollar with call
money at 125 per cent.
Thirty Par Cent In 191?
They paid $1.30 for a dollar for
a year of call money on Nov. 15,
IHI9. paying from $1.10 to $1.25
for a dollar was common in 1929
when call money lent as high as
25 per cent.
When the bottom fell out of the
stock market in the 1930s, you
could get call money in 1933 as
low as 4 of one per cent. That
meant you paid $1.0OH for a dol
lar because the dollar went beg
ging in the money market.
The current problem before tne
Senate is whether the govern
ment can pay an Interest rate of
more than 4'4 per cent for its
long-term bonds. If the Senate
sees fit to vote down a rise in
the interest limit, the Treasury
simply will not be able to sell
long term bonds, say the experts.
But the Treasury probably
could worry along with short
term stuff and things wouldn't be
too bad for the market or for
business. Forcing interest rates
down through bond manipulation,
however, could do some unusual
tricks.
Moscow
Really
Jumping
WASHINGTON tUPH Moscow
is a throbbing, pulsating, not to
say jumping city.
Twice a day it rises straight
up more than a foot and a half.
This semi-daily performance is
due to "elastic earth tides, ac
cording to Soviet acamedician A
N. Nesmeyanov.
Earth tides, like those of the
sea, are caused byj the gravita
tional pull of the sun and moon
Nesmeyanov, president of the
Soviet Academy of Sciences,
noted the effect of earth tides on
Moscow in an articla published
by Pravda on International Geo
physical Year UGYi research
The article has been translated
and distributed here.
New Method Of Study
Investigation of these ripples in
the planet's crust, Nesmeyanov
said, is "one of the comparatively
new methods of studying the in
ternal structure of the earth.
"It is known." he said, "that
In Moscow the tidal wave in 12
hours can reach 50 to 60 centi
meters (1.65 to 1 98 feet).
"This means that the whole
city is raised in a vertical direc
tion by half a meter each day."
Such tides, of course, affect the
whole of the earth's crust and not
just that part around inland cit
ies like Moscow.
Hard To Observe
But the crust al effect is much
less apparent than the great li
quid tick's in the world's oceans
and so may be hard to observe
n its own right near the sea
shore.
Study of earth tides during the
G , Nesmeyanov said, "showed
the importance of conducting ob
servation at points remote from
oceans."
This work, he suggested, could
lie done with special profit "in
Central Asia where the indirect
effects caused by the shifting ol
the water masses of the oceaits
are not felt."
This and other research done
during the IUY. he said, will
lead lo "substantial expansion of
our knowledge of the earth.
Housewife Collapses,
Dies After Wasp Bite
BIRMINGHAM. Ala. UPI
Mrs. Frances MeWillic, 48, died
Friday night shortly after she
was bitten by a wasp.
McWiine said nis wite com
plained of stomach ache after
the wasp stung her on the head
and then collapsed.
Observer, La Grand, Or.,
Among Valley Farmers
By County Agents Tad Sidor and Charles Gavin
Probably one of the strangest
looking wheat fields in Union
county is located on the farm of
Henry Simoms, on the foot hill
road.
Henry planted Burt wheat,
which has a red chaff. What hap
pened, we are not sure, but It
looks as if one side of the drill
si wed deeper or his fertilizer ap
plicator placed more fertilizer on
one side than on the other. The
net result is that he has strips
of white headed wheat banded
with red headed wheat.
We are sure that stage of ma
turity when the frost came or
when our exceedingly hot wea
ther came, it stopped the maturi
ty of the wheat, hence part white
and part red. It would probably
be prettier if we could get a
strip of blue in the field.
At least in part, our barberry
control program was a success.
Several of our farmers that have
had black stem rust every year
or. their spring wheat indicate
that for the first time they can
not find the black fungus. This
appears to have been a commun-
ty project that has paid off.
We keep getting inquiries
concerning the new morning
glory killer, TBA or PBA. We
nave found in our trials that
time of application or method of
tillage after application makes
no difference. In our applica-
ions, we have had one failure.
This was applied on compara
tively shallow soils on one of
our hill farms. We are recheck-
ng on this particular farm and
will have the answer in a short
time.
At the present time we are try
ing a new material that has the
same basic ingredient but is in
gianular form. In some cases it
will be handier to use.
Price-wise it is expensive, how
ever, when priced with sodium
chlorate, when used at the prop
er rate of 3 pounds per hundred
square feet it comes to over $200
per acre, while the Benzoic acid
material is slightly over $100 per
acre. Morning glory is an expen
sive weed.
For grass seed growers who
plan to or are combining fields
direct, we certainly advise let
ting the sacks of seed set in the
field for a few days to complet
ely dry them out.
Louisa Jensen, head of the
seed testing laboratory at Ore
gon State College, tells us that
we are getting a rather bad re
putation concerning the keeping
piality of our grass. Evidently
hen the seeds are not cured
properly before processing, the
germination deteriorates quite
pidly under storage.
Here is a couple of notes we
nicked up from some of the sour
ces sent to us: This is the hottest
month of the year across the
country ... a time when yields
f meat, eggs and milk drop olt
15 per cent to 25 per cent or
ven more on many farms. Live
ilock and poultry suffer more
from the heat than you
and there's less they can do
bout it.
Army To Save
Island From
Surplus Brew
WASHINGTON tUfli A Ilgnt
little island in Alaska is having
so much trouble with some Army
surplus beer that the Army has
sent an airborne platoon to polish
off the brew.
They're supposed to destroy it.
not drink it. however.
The matter came up in the hall
of Congress where Sen. E.L. Bart
lett ID-Alaska revealed Friday
that the Army is sending troops
to dispose of what is left of 7.000
cases of beer abandoned by Amer
ican military forces on St. Law
rence Island in the Bering Sea
Hart lett said he got the Army
on the job after residents of
Gambell, a small native commu
nity on the island, complained the
situation had them ove ra barrel.
Islanders tried immediaely aft
er the U.S. troops left to destroy
the beer. They tossed it into three
pits, doused it with oil and gaso
line and set it afire. The process
was repeated three times. Then
a tractor ran ove rthe remains
and the pits were covered.
But three months later the
Gambell City Council said "ine
briates have attacked several per
sons in their homes and much
vandalism has occurred."
The beer was left when the
military closed a resupply mis
sion and two bases in 1957. High
transportation costs and difficult
loading conditions made it too
costly to take the brew home.
The village council has posted
a 24-hour guard awaiting arrival
of the paratroopers.
OFFICIAL CON CAME
NEW YORK (UPD-Police ad
mitted sheepishly Thursday that
"tow away tone" signs on mid
town no-parking streets are only
good to "intimidate the timid."
The city closed down its impound
ing yards, and stopped towing
cars away from no-parking zones
a year ago lo sav money.
Sat., Aug. 1, 1959 Pag 6
Keep your profits up with plenty
of water, shade and cooling.
Cool drinking water is the
easiest thing to provide. Make
sure animals and birds have all
they need, all through the day.
State college tests show that hogs
gain 8 per cent faster and use
lest feed per pound of gain with
a continuous water supply . . .
milk cows produce 10 per cent
more milk . . . steers boost
gains up to 20 per cent and hens
lay up to 25 per cent more eggs.
It doesn't take long to pay for
automatic waterert, a pond in the
pasture or a tank trailer to haul
water to the range with those
kind of savings.
Good shade aids gains too.
University of Arizona steers un
der roof put on 100 pounds of
gain for $3.85 per hundred less
than steers in the sun. Dairy
cows standing in the shade while
feed is hauled to them every day
have very little loss of produc
tion . . . Barn fans help too . .
hens with cooling sprays on the
roof or in the house laid IS per
cent more eggs in Georgia tests
and hogs with cooling sprays
gained -3 of a pound per day
faster and did it on 10 per cent
less feed.
Feed up the wheat surplus?
Kansas tests show that wheat can
be as good as grain sorghum in
fattening steers. Sorgo silage sup
plemented with 1.75 lbs. of rol
led wheat produced 27 per cent
faster gains. Wheat at $1.83 per
bushel was a better buy than
grain sorghum at $1.80 per cwt.
The Union Experiment Station
probably has more and better in
formation on the feeding of
w heat.
Field corn versus legume grass
silage. All research to-date with
corn silage with well dented corn
indicates that: Field corn has
slightly more TDN and net en
ergy. Legume-grass has more pro
tein and carotems. Legume grass
equals to corn silage for milk
production when slightly more
grain is fed. Corn silage requires
less grain but a higher per cent
protein so the two roughages are
about equal.
The trend in milking machines
seems to be narrow bore liners
for teat cups to reduce tissue in
jury. These liners were used or
iginally in early milking ma
chines and investigations at Cali
fornia, bring out that Mastitus
due to tissue injury can be cut
down by their use.
GOING ON
I'LL SAVE
o!
Al No Extra
OBSERV
In Yonr New
Vacalion-Pac
See Me, Yonr Carrier
WHILE YOU WERE
AWAY LAST YEAR...
The OBSERVER Beporled . . .
Local Newt And Happenings
Births And Deaths
Covered Society And Club News '
Sports Events
Entertained With Your Favorite Comics
You'd Never Guess What
No, or any other day for that matter. The Observer
contains such a wide diversified assortment of local
news and advertising, it would be impossible to
make even an approximation of its contents . . . you
must READ it to be fully informed concerning the
activities of your community, your state and your
nation.
In order to keep up on local happenings, many of
my subscribers have asked me to save their copies
To
Phone 3
Nikita Apparently Is
A New Price Tag On Berlin Truce
By PHIL NEWSOM
UPI StaH Writer
After Geneva what?
Aa plainly as it can be put into
words, V. S. Secretary of State
Christian Herter has told Moscow
and its East German satellite:
The U. S. promise to defend
West Berlin is "a binding com
mitment and the U, S. will abide
by.it."
In words Just as unequivocal,
Soviet Premier Nikita Khrush
chev has said the West can rely
upon the fact that he never will
consent to any German reunifica
tion except one that assures a
German Socialist ( Communist
state.
Therein spokesman for the
world's two most powerful na
tions thumbnailed the positions
which have made the Foreign
Ministers' Conference at Geneva!
a useless round of oratory.
Gives Breathing Space
What has come out of the Ge
neva conference so far has been
another brief breathing space for
DENNIS O'KEEFE PUMPING
OUT NEW SERIES IN FALL
By VERNON SCOTT
UPI Staff Writer
HOLLYWOOD I UPD Dennis
O'Keefe. long absent from the
movieland scene, is pumping out
a new TV series for the fall sea
son. Its a situation comedy. And in
this era of westerns and detec
tive thrillers situation comedy is
as risky as fan dancing at a PTA
meeting.
With such shows as "December
Bride" and The Bob Cummings
and Phil Silvers programs biting
the coaxial dust this year it
would seem unreasonable to buck
the trend against rib-ticklers.
But O'Keefe is confident his sit
uationer about a New York col
umnist will strike pay dirt. He is
committed to film 38 segments.
"The other situation comedy
shows had four or five brilliant
years before they went off the
air," he said, "and I think we
can do the same thing. People
want to laugh. That was proved
when several sponsors offered to
buy our show."
No Hers Opera
Asked why he didn't attempt a
horse opera or private eye series,
O'Keefe had. an immediate ex
planation. "1 played dramatic roles, ad
venturers, detectives and straight
parts in movies for years," he ex
plained. "But the only pictures of
Every Issue
Your
Cost To Yon
get your Vacation-Pac started tee me today or call
- 3161 for
the 2.200,000 West Berliners who
still manage to relax under con
ditions of maximum tension and
with the knowledge that 200 Rus
sian tanks and 22 Russian divi
sions stand just outside their iso
lated city.
Last February, this corresond
ent talked at length with West
German officials.
There was certainty in West
Berlin then, just as there is cer
tainty there now, that a Khrush
chev driven far enough is capa
ble of signing his separate peace
treaty with East Germany and
turning the land and air controls
for West Berlin over to the
mercies of the East German Com
munists. The result could be an
other Berlin blockade.
Against such an eventuality.
West Berlin is stockpiled and
ready for siege.
West Berlin Pawn
West Berlin is a pawn but not
the chief prize in a plot of vast
international complications.
The immediate prize is an in-
mine the public remembers are
the comedies."
Where has Dennis been fur the
past four or five years?
"In Europe making movies for
my own company, Tendennis
Productions'," he said. "1 came
back to Hollywood to establish a
future for myself in TV some
thing like Dick Powell and Desi
Arnaz have done.
Hopes For World-wide Series
"Eventually, I hope to return
to Europe to make the first true
world-wide television series. I
plan to collect 39 top scripts and
shoot them in different locations
in Africa, South America, Europe
and the Orient. It will be titled
'Johnny Paris.' but I won't act in
the series. I'll produce and may
be direct a few of them.'
As of now, O'Keefe has his
hands full turning out one seg
ment a week for "The Dennis
O'Keefe show."
The comedy is based on his an
tics with celebrities and charac
ters he encounters as a columnist.
Dennis portrays a widower with
a 10-year-old son who is badgered
by his housekeeper, hatchet-faced
Hope Emerson.
"I have a few girl friends,
too," O'Keefe said, "but I'm not
a Robert Cummings-type wolf.
It's a wholesome program with
lots of laughs, and I'm convinced
kit will be a hit." .
VACATION?
Is In The Observer Today
of the paper and deliver them after they return
home ... in one convenient bundle, of course.
As an OBSERVER Carrier boy I am a "Little Mer
chant." I buy the papers outright and sell them to
you at a small profit. But like other merchants I,
too, am anxious to be of service to a customer . . .
that's whv there is NO EXTRA COST to this VACA
TION PAC Service.
VACATION-PAC
Preparing
ternationally recognized Commu-'
nist East Germany untroubled by
thoughts of freedom.
However, failure now at Geneva
does not necessarily mean an end
to negotiations nor to immediate
pressure on Berlin.
Khrushchev's recent petulance
in Poland, his public arguments
with Vice President Nixon and his
cancellation of his visit to the
Scandinavian nations, all indicate
dissatisfaction with recent events.
He also needs a breathing spell.
So it is possible he already is
preparing a new price tag on Ber
lin. It could come in the Geneva
Conference to ban nuclear weap
ons. It also could come in a re
newed drive for increased trade
with the United States, which he
needs if his own economic plan
is to be a success.
Nixons Look
Well-Dressed
During Trip
SVERDLOVSK, USSR. UPIt
The Richard Nixons are' still
managing to look fresh, well
dressed and pleasant in the in-,
leiior of Russia despite little
sleep and no quick laundry serv
ice. Their schedule ii gruelling jet
plane i to a city, straight from,
the airport to factory tours, and
unning from banquet to ballet.
But Vice President Nixon's well-
tailored suits, of grayish blue or
brown for day and dark blue for
night look as neat as a maga
zine ad.
Mrs. Nixon also is a good ad
vertisement for the United Slates
as she steps from the airplane,
usually in a printed silk dress, or
a silk suit, a small hat ad black
bag and shoes.
At night she appears in a black
dress, even though, as in Novosi
birsk, she had only 20 minutes to
change for the ballet.
"A.'tcr touring 54 countries, I've
learned to pack our clothes so
they don't wrinkle," she ex
plained. "I always buy non-crushable
clothes. I didn't eve bring a
travel iron with me. And at night
I wash out my stockings and lin
gerie." In addition to being treated to
Russian hospitality, the Nixons
are being almost smothered with
another local custom at least
four meals a day.
the show's sponsors.
1