Eugene register-guard. (Eugene, Or.) 1930-1983, April 21, 1955, Image 3

Historic Oregon Newspapers

Eugene register-guard., April 21, 1955, Image 3

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Newspaper Page TextV 1 . t : V (V, Foreign Aid Program Gets Cool Reception WASHINGTON (fl President Eisenhower's foreign aid program ran into stormy waters in con gress Thursday, with Sens. Byrd (U-va) ana rotter tK-Micnj ae mandinz elimination of direct economic assistance to U.S. allies. Sen. Mansfield (D-Mont) pro posed in a separate itnerview that the President's request for $3,530,000,000 in military and economic help for friendly na tions be sliced below three billion dollars. The vigor of objections and some obvious lack of enthusiasm by some administration support ers appeared to spell trouble for RUSHED TO FORMOSA Admiral Arthur W. Radford (left), and chairman of the Joint Chiefs of Staff, and Ass't. Secy, of State Walter Robertson (right) seem in high spirits as they prepare to leave Washington. They are flying to Formosa "in view of the tense situation in the Far East. (NEA) Attorneys for Helser Firm Present Final Arguments SAN FRANCISCO (IB Attor neys for the J. Henry Helser Co. presented final arguments Thursday and the fraud case against the Portland, Ore., in vestment company was expected to! go to Federal Judge Louis E. Otodman for decision. The Securities Exchange Com mission, which brought the charges against the company, was asked by Goodman Wednesday just what action was expected of the court. SEC counsel Frank Kennamer said that if the judge found that the SEC charges of fraud and mis representation practiced by Hel ser were true, he should issue an injunction prohibiting such prac tices. Then if the company violated the injunction, Kennamer said, the SEC could revoke its registra tion. In summing up the SEC case, Kennamer said, "It is necessary for the court to issue an order en joining the J. Henry Helser Com pany from untruthful representa tions that the company provides a personalized service to its clients." He also asked Goodman to order the company to refrain from "block selling" client securities and "margining accounts indis criminately. The judge said that the SEC regulations appeared to him not (o cover the Helser operations "I think you fellows had better get the statute amended," Good man said. "It seems to me that such an order as you seek would have the effect of making me a second vice-president of the Hel ser Company in charge of opera tions." Slide Kills Hundreds JAKARTA, Indonesia Wl An unofficial report received here Wednesday said several hundred persons were killed in a land slide Sunday night in the central Java village of Pakasiran. Earth and debris 15 feet deep smashed houses and there were only two survivors, the report said. the program Eisenhower said would be directed primarily at Asia. Chairmen George (D-Ga) of the Senate Foreign Relations Committee and Richards (D-SC) of the House Foreign Affairs Committee showed disinclination to tackle the problem immediate ly. Each said he would let the other House act on it first. Richards' proposal to delay fi nal consideration of the measure until the Senate acts was sup ported by Reps. Lawrence H. Smith (R- Wis) and Gordon (D 111), members of the House con mittee. . Gordon said he thinks the Sen ate will make "deep cuts" aiffl he wants to avoid a "wide gap" between House and Senate bills. But Rep. Morano (R-Conn), another committee member, said "we have an obligation to con sider this measure, and we should go ahead with it, without waiting for the Senate." Byrd, who long has urged gov ernment economy, said he is "op posed to starting another large program in Asia." "In my judgment, the time has come to eliminate all economic aid to other countries except for a reasonable amount of 'point four' technical assistance to un derdeveloped countries," he said. "The administration had a car ryover of $10,900,000,000 in for eign aid funds at the start of this calendar year. Of this, $1,- 800,000,000 represented direct economic aid, exclusive of de fense support funds. "With such a large carryover, there is no sense in authorizing more direct economic aid." In a message to Congress Wed' nesday, Eisenhower asked for $1, 717,000,000 in military assistance. He proposed 712Mi million in eco nomic aid, plus one billion dol lars in defense support funds. Of the economic aid funds, 172 mil lions would finance continuance of the technical aid program. Register-Guard. Eugene. Ore.Thur., Apr. 21, 1955 3A Let's Hove ucL 101 East Broadway 6ia6 This Summer O d I fa apjAmcM Hanging Baskets Moss Pots Liquid Fertilizer Phone 5-8718 1059 Willamette Open Fridays 'til 3 Phone 4-1401 FORD, MERCURY REBUILT MOTORS Installed lor 9.88 You usueX'y pay up to S50 to have a motor installed. Mow, Wards have efft this service charge to 9.88 lor Ford and Mercury. Not only do you save on labor cost, you also get a better for less moifay c?'ards. Com pletely renmufactured and pretested, fully warranted for 90 days or 4000 miles. Big trade-in allrvance on your o': motor, other lnstallan prices: o Plymouth, Dodge 19.88 Chevy 19.88 1059 Willamette Open Fridays 'til 9 Phone 4-1401 L HUNDREDS OF CUT PRICES AND SPECIAL PURCHASES-SHOP. EVERY DEPARTMENT 1""-,M1 errt nkmMsri r g""-"i t "i n"''')i r-w- r:min mi -i- U Li finJUULS 1.39 FEATHER PIL LOW. Turkey feathers. Firm. Buy in pairs. 99c Ea. 2.45 SNACK TABLE. Wrought iron type legs. Removable tray ....1.11 LATEX PILLOW spe . cial purchase. 18x24x 6". ' Percale cover 3.88 1.39 PINT VACUUM Bottle. "Polly Red Top" Non-drip pour lip....99c REG. 3.49 WESTERN "101" Saddle Pants. 1 1-oz. denim 2.88 2.45 DISHPAN. 12-qt. Aluminum special fin ish won't mar sink 1.66 14Vi-ln TACKLE BOX. 2.69 Quality. Single Cantilever tray 1.58 1.98 SPORT KING Cast ing Reel. Level wind ing. 100-yd. cap 1.58 If vwVt. 1 1 , SWING ROCKER NYLON COVER Special purchase 49.88 5.50 Down , Terms It rocksl It swivels all the way 'round. 100 nylon cover the perfect upholstery fabric your choice of rich Red, Green, or Tan colors. Thick seat cushion has foam rubber padding over resi lient coil springs. 510-COIL MATTRESS, SPRING Full or lwin 64.88 6.50 Down, Terms Equals $100 selsl Wards best offer ever. Mat tress has 510 colls for firm, resilient comfort. New Ice Pink-Charcoal cover is reinforced with nylon. Prebullt border. Mattress only 37.88 SPECIAL PURCHASE $1 TOWEL Famous Cannon 67 22x44 inch Usual $1 quality these are the new towels with reinforced double salvage edges of dacron and nylon for added strength. All thick, fluffy absorb ent terry. FACE TOWEL 44c WASHCLOTH 22c REGULAR 2.98 PEDAL PUSHERS 2.28 The starting point for your summer wardrobe . . . and at a budget price, too. Clam dig gers, tapered legs, straight cuffed styles in favorite weight denims, twills, sailcloth and poplins. Bright solids and interesting pat terns to match your summer blouses. 10-20. 1 '' i i HEXAGON SHINGLES. Easy to install. 100 sq. ft. 5.88 Urn It UNITEM INSULATION. Save on fuel bills. 6-lb. bag. 20 sq. ft 1.17 i 13.95 STANDARD. oave $7 over name brcmal Exch. 8S5 i i I I - ! "' 'I 0 ' I lata ' ! '" ' ' ' B1' ' 98c OIL FILTER Cart ridge. Replaces original equipment 77c SALE DRAPERY FABRICS Usually 98c 68' yard Wards lowest price on 36" cotton bark cloth fab rics. Special purchase o! 4 new patterns wide choice of colors. Now you can sew handsome draperies and enioy big savings on every yard cf fabrio you buy. H I . I WWX., I if" 'KlUiltllllin-iii f ft'- i' . v buzz GABARDINE SLACKS 4.94 Special Purchase. Men's dress slacks. Beautifully tailored with California style waist band. Crease resistant, Rayon-Gabardine in a wide selection of col ors. Usual 6.98 quality.