The Oregon statesman. (Salem, Or.) 1916-1980, June 05, 1958, Page 21, Image 21

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    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?
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2 " W 15" JO
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7T- WZZ-1
Hill W ITT
IF YOU'VE WAITED .. .
.4
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Home of Your Own . . . and
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This spring, it is easier to ar
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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
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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.
The money has been appropriat
ed by Congress, bu' the start of
construction must await approval
by the Senate Armed Services
Committee.
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STORE HOURS:
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. 9:30 TO 9
DAR.Y 9:30 TO 6