Peg IA EUGENE REGISTER-GUARD, TrlAtf, Dec. 21, IMS
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This is an engineering mockup of the
t Army's newest guided missile weap-
IN 6 W ' on sy'em. tne Mauler, shown for the
first time Thursday. It's solid fuel
t t r missiles are designed to destroy high
WCclDOn performance tactical aircraft that
bomb, strafe or harrass forward bat-
- tie areas.
'We Simply Ran Out of Money
Plush Reno Hotel
Closed by Debts
RENO (UPD Reno's famed
Riverside Hotel-Casino, a Truck-
ce River landmark since the late
1800, filed bankruptcy papers
Thursday in U.S. District Court.
The action came about 12
hours after officials of the Nor
thern Nevada Board of Trade,
tcting on a voluntary assign
ment from corporation Presi
dent Raymond Speclor, closed
the plush establishment at 2
a.m.
The 325 employes in the ho
tel's casino, bars and restaurants
were notified they were out of
work. The cast of "Vive lc
Girls," i revue playing in the
Riviera Room, also was notified
the show had terminated.
Hotel guests, including some
Car Hits Pole,
Portland Man
Fatally Hurt
lilt United Prtu Inlernallonal
A Portland man died when
his car struck pole in Lake
Oswego Friday, bringing the
state'a toll since early, Thurs
day to four.
He was Michael Holmes, 20.
Three passengers were taken to
the Oregon City Hospital for
treatments of injuries. The ac
cident occurred across from the
Lake Oswego Lodge.
. Three died in traffic acci
dents in Oregon Thursday.
The victims were Charles
Ovid Purdin, 84, of Portland;
Tatrlcia Purdy, 18, of Yamhill;
and Mrs. Blanche McCullcn, 48,
of Bskcrslicld, Calif.
Multnomah County sheriff's
deputies said Purdin was killed
when he walked into the path
of a car. The accident occurred
near his home.
Miss Purdy was thrown from
her car and crushed by it Thurs
day afternoon on a county road
about two miles north of Me
Minnville. A tractor was used
to free her. She died In a Mc
Minnville hospital.
Mrs. McCullcn died when her
car went off U.S. Highway 97
Into a water -filled irrigation
ditch 10 miles south of Klamath
Falls.
2
Niil(llil'lCC'C'(W
SAVE SAVE
Time
Is
Short!
6 MAIN
...
MANY GIFT ITEMS BELOW COST!
,iil
I J
'9,
(AP Wlrephoto)
who had lived there perma
nently for years, were, asked to
find other quarters as soon as
possible. Edward Olsen, chair
man of the State Gaming Con
trol Board, was present when
the gaming tables and slot ma
chines were closed.
Spector, a New York cosmet
ics firm executive, purchased an
88 per cent interest in the hotel
corporation last June. His in
vestments included a $450,000
loan made to the previous ma
jority owner.
Later, the real estate and
physical assets of the hotel were
financed by a $2.75 million loan
from a pension fund of James
Hoffa's Teamsters Union.
When asked if the bankruptcy
meant the teamsters would take
over the hotel, Olscn said, "I
don't want to comment until I
see further developments."
Board of Irado manager R. B.
Fuhrmnnn said Speclor had
been hopeful until late Wednes
day he might obtain last-minute
financial backing to meet cur
rent obligations, including a
$35,000 payroll due Thursday.
The bankruptcy petition list
ed 10 ledger pages of creditors.
No total was given of the
amount owed by the corpora
tion, but claims listed on the
pages ranged from $105 to $76,-
105.
'We simply ran out of
money, a spokesman said.
There was some bitterness
among hotel , employes, who
were notified formally of the
closure by hotel spokesmen and
union officials,
"It's a terrible thing to have
happen during Christmas week,"
said Mrs. H. Lang, a switch
board operator.
Hotel , officials said It prob
ably would take weeks to work
nut the payroll situation. A
stale Employment Security De
partment official said unem
ployment compensation claims
would proceed as soon as pos
sible but "it will take maybe
10 days to get you a check."
Fireworks Ban
ACCRA, Ghana lav-The fire
works ban in Accra, decreed In
a campaign against terrorism,
has been extended to all of
Ghana.
Days Left to f
Shop . . . Wrights
to
01
SAVE
SPRINGFIELD
Lawmakers
Voice Views
On Tax Plans
'Bargain Basement'
Closed, Barton Says
SALEM Wl "The people of
Oregon should know that they
have been getting a tax bargain
for a long time," Rep. Clarence
Barton, D-Coquille, said thurs
day.
Barton . said the state has
been using a sizable surplus
since the World War II but
"the bargain basement is closed
now. If they want the same mer
chandise they'll have to pay
for It."
Barton, who will be speaker
of the 1963 House of Represent
atives, was one of the panelists
in a discussion of the state's
various tax problems at a tax
conference Thursday.
An indication that the House
and Senate might not agree on
tax programs came from an
other panelist, Sen. Ben Musa,
D-The Dalles. Musa will be
president of the Senate.
Musa, a tax consultant, said
"the people paying taxes are
the forgotten men in the econ
omy."
He indicated that he didn t
think much of Gov. Mark Hat
field's net receipts tax.
Eliminate Deductions :.
The tax, proposed by Gov.
Hatfield in his budget message,
would lower tax rates hut elim
inate almost all deductions. It
is estimated it would raise an
extra $31 million during the
1983-65 bienmum.
"Net receipts," Musa said, "is
not the proper term. For all
but 15 per cent of the popula
tion it's a gross income tax,
pure and simple. I wish the
people promoting it would be
more factual."
Barton said a broadening of
the tax base was necessary if
the state Is to get the money It
needs. He said only 8,000 of the
578,000 income tax returns filed
in 1960 were from persons with
incomes of over $20,000,
To balance the budget,
Barton said, "we're going to
have to increase taxes. We can't
raise enough money with the
present tax structure to meet
present obligations."
Face Responsibilities
He indicated that some kind
of net receipts proposal would
be best. The money, he said,
will have to be raised "by some
method that will reach the por
tion of income earners not now
paying taxes and take more
from those peoplo who are pay
ing something now."
"We're going to have to face
up to our responsibilities," Bar
ton said.
Barron also suggested a de
ficiency appropriation might be
necessary to balance the cur
rent biennium's budget.
Hatfield has asked for a
transfer of $5.5 million from
the veterans' bond sinking fund
to balance the budget. But Bar
ton referred to a 1953 opinion
by Atty. Gen. Robert Y. Thorn
ton, which said such a transfer
would be unconstitutional.
"I have a sneaking hunch the
attorney general's right," Bar
ton said.
Georgia-Pacific
Plants to Close
Three Georgia-Pacific plants
at Springfield will he closed
from tonight until Wednesday
morning, Jan. 2. Resident Man
ager Arthur P. West announced
Thursday,
The logging operalions will
also be idled for the same peri
od. West said a number of em
ployes are eligible for a third
week of vacation. Some main
tenance and shipping personnel
will work during the week.
I I l I I I I
f 1
UULoJUU
Qiant U.S. Airline Merger
Awaits Qovernmeht Okay
By ROGER LANE
Of the Associated Preu
NEW YORK ( Pan Ameri
can World Air Ways and Trans
World Airlines asked govern
ment blessing Friday for their
proposed merger into a $1.2
blllion system, the nation's
largest.
Approval would pit their
combined forces against 16 for
eign airlines which have
claimed the lion's share of traf
fic over the North Atlantic, and
tilt competitive balances on im
portant domestic runs.
The merger agreement,
reached Thursday by directors
of Pan Am and TWA, was filed
Friday morning in Washington
with the Civil Aeronautics
Board, a federal regulatory
agency for aviation, ,
At the start of trading on the
New York Stock Exchange, Pan
Am stock sold off 37 cents at
$22.37 a share while TWA stock
gained 37 cents at $11.87 a
share.
Approval Required
CAB approval Is reeuired,
plus that of President Kennedy
because of the international
ramifications.
The combine would embrace
80,000 system-route miles in the
U. S. and abroad, would aerve
169 cities, and would have near
ly 44,000 employes.
In revenues and passengers
carried, it would replace United
Air Lines as the nation's largest
carrier and would surpass even
the proposed combination of
American and Eastern Airlines,
now second and fourth-ranking.
A CAB examiner three weeks
Supervisor Named
SALEM uf Tom Harrison of
Salem has been named super
visor of the chemical applicator
control program of the state
Department of Agriculture.
IF YOU ARE NOW
TAKING A LAXATIVE
ONCE, TWICE or THREE
TIMES A WEEK
...THIN YOU SHOULD
BUY MR TODAY I
the Laxative Tablet with the
GENTLE DIFFERENCE
Feel the laxative need once, twice,
or possibly three times weekly?
Take gentle-acting Nt... Nature's
Remedy I There is no letdown, no
uncomfortable after-feeling. Nt is
an all-vegetable laxative, and for
over 70 years, Nt tablets have been
giving folks pleasant, effective
relief overnight.
Nt fonigfif..
tomorrow alright..
sparkling bright!
Meps you fee berfer
. . . and look better I
(GUM CAND COATfD JUNIORS
. .Ail
Vs"Aci..
Viii
mBBmm . i
SW
from ife99j C.. l(toAAA
Winter Blooming Type
BLOOMING NOW
Rhododendrons
Named
Budded
375
MA
ROSES
TROPICAN A HAWAII TANYA
PEACE BLAZE MO AVE
Many Others
1 75
TREES EVERGREENS LANDSCAPING
GIFT CERTIFICATES
160
ago recommended rejection of
the American-Eastern merger,
involving domestic routes al
most exclusively, on monopoly
grounds.
The TWA-Pan Am plan added
to a rash of merger proposals
in the air, railroad and highway
segments of public transporta
tion, several of them based on
financial distress.
Operating Company
In many of these unions have
objected, fearing loss of jobs.
A new operating company
proposed in the agreement to
run both Pan Am and TWA air
craft and properties would be
headed by Juan L. Trippe, Pan
Am president. The No. 2 posi
tion would go to Charles C. TU
linghast Jr., president of TWA.
The complicated plan calls
for the new company, Pan
American World Airlines, to is
sue 18,020,218 shares of com
mon stock.
Of the total, 6,674,155 would
I All ntlABT -1
j proof JM
100 train ntutral spirits 80 proof,
Inttmillonil Distilleries Co., LA.
Parkyour car free
in front of our new store.
Shop in brightly lit wide
aisles. Select from new and
old Christmas ideas ... we
offer many. Courteous sales
and assistance.
flnon
Nightly i , , ;
9 P.M.
GIFTS THAT GROW
SASANQUA CAMELLIAS
275
ESPALIERED 17.50
AZALEAS
Evergreen
150
OAKWAY ROAD
OPEN SUNDAY
be exchanged on a onefor-one
basis for present TWA ehares,
and 11,346,063 would be turned
over on a 1.7-for-l ratio to the
existing Pan Am. .
A Trippe - Tillinghast state
ment made no mention of How
ard R. Hughes, the financier
who owns 78 per cent of TWA
stock but who two years ago
surrendered his voting rights to
a panel of trustees in a $165-
million TWA borrowing deal.
In Springfield . . .
It's . . . Bob Saks
FlIRNITURELAND
212 MAIN Kit-GUI
Where It's easy to make your
furnlturs dreams come true . .
HUGE CHRISTMAS
SELECTION OF
Genuine
PENDLETON
SHIRTS ROBES
TOPSTER JACKETS
NOW AT
61 E. Broadway, Eugene
Springfield, Oakrldge
UGENI
HARDWARE
2825 Willamette Dl
- r
BONSAI
PLANTS
Minicrlure Polled Oriental Trees
is
j 10-DIAMOND BRIDAL PAIR
1 l.rg. e.nl.r dUmond. HH -tf "A
M 4 lid.. Sard h.i S d.imondl. IL- BJIaaTV
JM HK gold mouolin?!. W'l
j rA PAY ONLY . 00 A MONTH W M
11 Start Payments Feb. 1963 j
y.ii-ww ' " u" J
lawrtls T T-"; n-T- n ' :
) )
! f J i OT33sCE)
x k ' owe I
E1 J
Always in
i the best of taste!
j Select your sift of solid silver jewelry
in modern designs, crafted with all
the skill of the tradilional silversmiths.
I Each set bcaulifully packaged. I
J? jj
A. Elegant sterling silver 3 piece set .
with cultured pearls M509 '
B. Neatly engraved sterling silver .
cuff links and tie clip . 12!0
5. Beautiful sterling 3 piece set
suitable for engraving 1 009
See our selection of (old filled sals, from HI 50
All prices plus Fed. tax
Free Gift Wrapping!
Once - in -
Id "arpeggio"
(
NATIONALLY
ADVERTISED
at
12.95, 14.95,
16.95
tXClUSIVtlY
AT WUSflUD'S
ONIY
t
1.00 A MONTH
E If oont t T c t.f)f of
hand (jntj tlyle). v.lh
Ifottiff, tutd t)fd
bo-rJi. Hoth mn td
lodi mtjl ai thi fob
blftil prtc.
GIFT fcL'' 1
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1 UNCONOITIONAUY II
ouaaaNTiio U
t ' i roe ONi tia . smrwtr-
a - Llfetlme
pro
88 -XTZ
cT, ririif- it
881 Willamette
Orjen till 9 cm.