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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (June 5, 1958)
Statfsn;an, Salem, Ore., Tlmrs., June 5, '58 (Sec. III)-21 Khrushchev Suggests U.S. Give Soviet Long-Term Credit to Expand Trade Relations n. innM M mr.HTnuro i . ... ... . . . . ... . ... ... ...... '. By JOHN M. HIGHTOWER WASHINGTON (AP) Soviet premier Khrushchev has proposed lhat President Eisenhower consid er granting large, long-term cred its to Russia as one way of f inane-. the nrnnosal with newsmen but ing a rapid expansion in Soviet- specified that they not be identi- American trade. ' fied. This information came Wednes- In a letter delivered here Tues day from officials who discussed day, Khrushchev told Eisenhower First Thor Missile Shoots Off From Tactical Launching Pad in Florida CAPE CANAVERAL, Fla. (AP) An Air Force Thor missile roared into space Wednesday aft er being fired from a tactical launching pad for the first time. The 65-foot Intermediate - range ballistic weapon slated to join the NATO defense arm in England by next December rose ponder ously aloft from a tremendous back lash of smoke and flame at 4:17 p.m. The Thor launching was more spectacular than usual because of some of the special operational enuiDment used. It marked anoth er big step in the missile develop ment program which began early in 1957. The Air Force confirmed that a Thor IRBM was test fired and that preliminary instrumentation reports indicated that the flight was normal. Range Secret The range for the latest test .was a secret but a Thor traveled more than 2,600 file's previousl;- '-he (jicwinn hite .! i s s i I e blazed aloft, slowly at first, belch ing a wide stream of yellow flame. It soared straight up for about one minute, darting in and ou of a thick, grey cloud bank. Then the missile arched gracefully to .ward a horizontal course and streaked out over the horizon. It was a tiny yellow spot in the sky just before engine burn - out occurred and the missile began its' ballistic glide toward target. It was out of sight in one minute, 30 seconds. The Air Force said that when the Thor is operational it will be in place and fired in 15 minutes. Thor squadrons-equipped with 15 missiles each will be assigned to the Royal Air Force first. Also in Production A companion IRBM the Army's Jupiter also is in mass produc tion and will be deployed in Eu rope. The Defense Department musf"decide which of the two will be used after both missiles have I completed their test program. j nuuui seven mors nave Deen launched successfully since the test series conducted by Douglas Aircraft Corp. began. The last' shot ended abruptly when the mis sile blew apart a few feet above the pad April 19.. The Thor pours out some 150,- 000 tons of thrust during its pow ered flight. For the Air Force it appeared to be the second successful mis sile test in as many days. A mighty Atlas ICBM thundered away from the missile test center Tuesday. DAILY CROSSWORD ACROSS 1. Form 6. Great quantities (slang) 11. of Lebanon 12. A thick soup 13. Jewish month 14. Making: oath 15. Right Guard (abbr. ) 16. Bungles (dial.) 17. Iron (sym.) 18. Increases in size 19. Wandering (var.) 21. Stocky horse 24. Cry, as a, dove 25. Loose hang ing point 27. Eskimo knife 28. Female sheep 29. Pungent condiment 31. Scottish teacake 33. Exclama- tion (slang) 84. Pledge 37. Compass point (abbr.) ' 38. Distant 39. Dip out. as water 41. Join 42. Turned out 43. Carrie 44. Armadillos DOWN 1. Al Ca pone's nickname 2. Shrubs planted as hedge 3. Carl's name 4. Equal 5. Erbium (sym.) 6. Foam 7. Checks 8. Asian sea 9. Sand dune (Eng.) 10. Places 14. Place side by side 16. Mark, a a bird 18. Burmese language 20. Spawn of fish 21. Drink, ing vessel 22. Poison, ous ever, green shrub 23. Cockle-burs 26. Factor 30. Hebrew letter 31. Struck 32. Quotes 34. Sound of discharged bullet Yesterday's Aaiwer 35. City (Nev.) 36. Leave out 39. Lick 40. Conjtella. tion 42. Music note 1 77? 'wfr w3" 2 " W 15" JO HI 7frZ n sr 7T- WZZ-1 Hill W ITT IF YOU'VE WAITED .. . .4 Now Is the Ideal Time to Buy a Home of Your Own . . . and Begin to Really Enjoy Living! This spring, it is easier to ar range mortgage financing, eas ier to qualify for loans, and in many cases you don't have to put out the extra money for clos ing costs in addition to your down payment. These advantages, plus the real ly fine selection of homes in the Classified . section, truly make this the right time to buy. Why delay the enjoyment of owning your own home another day? Check the offers in Classi fication 806 in the Want Ads now. Statesman-Journal Classified Ads where you'll find your home of the future Russia wants to buy substantial amounts of machinery and con sume! goods and to sell a variety of raw materials, chemical prod ucts and machinery. He- was reported to have said the volume of trade could amount to several billions of dollars in the next few years. Administration officials familiar with the Khrushchev proposal said the United States is willing to trade with the Soviet government in nonstrategic goods but they ex pressed great skepticism about the possibility of any such volume as Khrushchev suggested. Khrushchev's letter is being carefully studied by administra tion trade experts and will be an swered in due course. Authorities ! think Western trade policy toward ish conferences here the next few days. The text of Khrushchev's letter has not been made public? but he is reported to have included a Russia will be discussed in top level U.S.-German and U.S. -Brit- Nepal Royalty Visit Moscow MOSCOW ( API-King Mahendra I and Queen Ratna Rajya Lakshmi Devi of Nepal flew into Moscow Wednesday in a Soviet TU104 jet airliner escorted by nine jet fight ers. They were welcomed by Presi dent Klementi Voroshilov and re ceived a full red carpet treatment at the airport after their arrival from New Delhi, India, to tour Russia. long list of materials which Rus sia would like to buy or sell in expanding trade with the United States. The letter gave no figures on quantities or monetary values, of ficials reported, except for the sweeping statement that a total trade running into several billions is possible. Khrushchev was reported to have told the- President trade could be carried out in either or 'both of two ways. I He said in the first place the , Soviet government could ship the United States enough goods to off set Soviet purchases here. But this process would take a long time to build up in volume, and he said as an alternative Russia is prepared to buy American prod ucts on credit. Large scale, long term financing would-enable American manufac turers to obtain quick Russian orders. This carried an implica tion that Khrushchev believes U.S. manufacturers, caught in the pres ent economic recession, are anx ious for Soviet business and the government may be willing to help them by financing it. Others said that while the spirit of the law might be so interpreted, Unrecognized Area LONDON (AP) - Britain de clines to recognize Iceland's ex tension of territorial waters to 12 miles. A Foreign Office statement warned that the government would prevent any unlawful inter-' ference with British fishing ves-j spls nn the hiph spas flrnnnrf th North Atlantic island, inside or 1 I outside the 12-mile line. i it was hard to see how the letter of the act could be applied as a barrier. All agreed that the prob lem Is one of U.S. policy and and would involve a major politi cal issue should the President de cide in favor of credits to Russia. Khrushchev's shopping list cov ered industrial equipment for pro duction of synthetic fibers and plastics as well as machinery for the production of consumer goods and other finished products. He was said to have specifical ly mentioned refrigeration equip ment, air conditioners, paper and wood processing machinery, tex tile equipment, food processing machinery, automatic vending machines and machinery for the ' manufacture of building materi als. Among commodities which Khrushchev said Russia could sell 1 to the United States are man ganese, chrome, ferrous alloys, platinum, paladium, chemical I products, some machinery, lum ber, cellulose, potassium salts and asbestos. Committee Okehs Oswego Armory WASHINGTON (AP)-A $126,000 armory at Oswego, Ore., is among more than 100 such projects cost ing J24,93'i,101 authorized Tuesday by the House Armed Services Committee. 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