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MONEY, M O N EY
The Perfect Look for
Back to School
because we Know how important
looking good is to you
KIDS' CUTS s5.95
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J A M IL Y
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Look at the interest you can earn if
you deposit $10 a month for 10 years.
S1600»
IN T E R E S T
$ 1 4 0 0 <"
$1200
Angry United States bans
Japan’s Toshiba products
By Jim Forney
T o sh ib a is a large Japanese co m p a n y
w h ic h m akes a v a rie ty o t p ro d u cts used in
ihe U n ite d States suc h as c o m p u te r prin te rs
and i iftic e co p ie rs So it cam e as a h it o f a
su rp rise w hen the I S Senate passed a h ill
in June fo rb id d in g T o sh ib a fro m s e llin g
p ro d u c ts in the U n ite d States to r at least
tw o years. S om e senators even w anted to
m ake th is ban permanent
W h a t made these senators so angry ’
It seems (hat Toshiba ow ns m any sm a lle r
c o m p a n ie s w h ic h m ake c o m p le x m etal
w o rk in g m a ch in e s O n e o f these c o m
panies sold m a c h in e ry to the Sov iet U n io n
U s in g th is m a ch in e ry, the Russians
im p ro v e d th e ir su bm arines by m a k in g
th e m q u ie te r a nd, th e re fo re , ha rd e r to
detect
W h e n the U n ite d Slates fo u n d o u t about
th is sale and a s im ila r one m ade by a
N o rw e g ia n co m p a n y, the Senate was
angry T h e senators w ere so angry they
passed a b ill re s tric tin g b oth co m p a n ie s
fro m s e llin g th e ir p ro d u cts in the U n ite d
the c o m p a n y w o u ld ra th e r n o t have Presi
d ent R eagan sig n the b ill in to law B u t w hat
can they d o ?
S o fa r the to p tw o e x e c u tiv e o ttic e rs in
Japan have re sig n e d . T o sh ib a and o th e r
Japanese c o m p a n ie s have a lso o ffe re d to
h e lp the U n ite d States dev eh >p new techm >
lo g y to im p ro v e th e ir a n ti-s u b m a rin e
defenses S in ce there have been problem s
ke e p in g U S secrets sate fro m d ie S oviet
U n io n , som e m ilita r y p e o p le are reluctant
to d e v e lo p such an im p o rta n t system w ith
a n o th e r c o u n try 's h e lp
T h is is an im p o rta n t case fo r the I 'ru le d
States since w e have b e co m e m ore and
m ore d e p e n d e n t o n d ie te c h n o lo g y o t other
c o u n trie s . S im ila r leaks to the Sov lets w ill
u n d o u b te d ly « c u r in the1 future', and
e xp e rts say w e need to kn o w how to deal
w ith the* s itu a tio n
Sponsored By
PORTLAND
TEACHERS
States
Toshiba sells o v e r $1 b illio n w o rth o t
p ro d u cts in the I Tilted States each year
T h e lo s s o l m o n e y as a re su lt o t the Senate
b ill w o u ld just about w q x - out the total
w o rld w id e p ro fits o t Toshiba N a tu ra lly ,
C R E D IT U N H > \
Serving the financial needs of
school employees and their
families in Clackamas. Colum
bia. Multnomah. Yamhill, and
Washington counties
$1000
The game Monopoly was invented by C 'harles Darrow in
1933. All the places named on the hoard are actually in
Atlantic City, New Jersey.
YEARS
1
2
3
4
5
6
7
8
9
10
How much interest do you get?
A sk ed by Gn*g IVndergrass
of Portland. ()regon
Interest is the m oney paid to
you for saving your money in a
sayings and loan or hank. The
rate o f interest you earn depends
on the type o f account that you
have. R rguhtr sayings ac < m ints
are the most p o p u la r Sayings
and loans and hanks u s u a lly
pay internist on these arc m ints
ranging from 4
to 5'.
S im p le interest is the easiest
to understand. It you are earning
5".i s im p le interest and you have
$10(1 m your savings account tor
one year, you w ill earn $5 in
interest hv the end of th.it year
Q u e stio n a n s w e re d />» George
V ico/o. In v e s tm e n t S p e c ia lis t,
W illa m e tte S avinas
Ask W illam ette your m oney questions. It yo u r question is answered
in Voiin# A m e ric a n . W illa m e tte Savings and Loan w ill send you $t()
Send your questions w ith your name, address and phone n u m b e r to:
Ask W illam ette, c /o Younit A m e ric a n . I’ O Bov 12409. IN irtland. ( )K
97212.
O W Sam ette Savings
and Loan Association
A !•»'•»«'! w.n «if Isjnk•<*>.
PAGS 8
Y O U N G A M E R IC A N
August 21-23
Lots of booths with family
oriented information and
services
• Kramien's Educated Parrots
Fri & S a t. Aug 2 1 & 22
• Oregon State Fair Petting Farm
Saturday, Aug. 22
• Protect a Child Identification Program
Sat & Sun., Aug. 22 & 23
A U G U S T 12
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