Image provided by: University of Oregon Libraries; Eugene, OR
About The Bend bulletin. (Bend, Deschutes County, Or.) 1917-1963 | View Entire Issue (May 26, 1948)
WEDNESDAY, MAY 26, i?4 I PAGE FOUR THE BEND BULLETIN. BEND, OREGON THE BEND BULLETIN and CENTRAL OREGON PRESS The TUrnl Rullittln Infkhl 1U0S . that Tha ttontl bulletin tDallyt EllL tfllS Published Evary Afternoon Baeeyt Sunday and Certain Holiday by The Bend Bulletin M 7S Wall Street Bond. Orawun Entered a Second Clin Matter, January . 1917, at th. Poatofflce at Bend, Orevon Under Act o( March a, In7. ROBERT W. SAWYER Editor-Manager HENRY N, FOWLER Associate Editor An Independent Newspaper Standing for the Square Deal, Cltan Business, Clean Peiitica ana we Desl interests 01 ucna ana uenira, uregon MEMI1EB AUDIT BUREAU OK C1UCULATION8 U.ll Uw narrow On Tear ...17.00 . One Year ; 10.00 Six Months 14.00 fix Months j (.60 Three Months !. One Month I 1.00 All Subscriptions are DUB and PAYABLE IN ADVANCB Please notify us of any change el address or failure to receive the paper regularly IN LIEU OF FOREST TAXES Under Senator Cordon's guidance there has come before the senate the long-awaited bill to change the formula under which payments are made to counties in lieu of taxation on lands embraced in the national forests. The bill, S.582, was introduced by the Oregon senator over a year ago, on if ebru ary 11, 1947. Since that time it has been the subject of study and examination on the part of the committee on public lands (now the committee on Interior and insular aftairs) and the department of agriculture. In the process changes have been made in the bill as originally introduced and it is now before the senate with a favorable report by the committee. The fundamental purpose of the bill is to bring to the coun ties concerned a fixed annual income based on the value of the forest reserves and thereby to relieve them from the un certainties resulting from, the present fluctuating return based on forest income.. At the present tima there is paid annually to the counties 25 per cent of the income received from saies in each forest. If a forest is in more than one county the income is divided according to the area of the reserve in each. In the hands of the counties the money goes 75 per cent for roads and 25 per cent for schools. The arrangement is bad for several reasons. Though the payment is made in lieu of taxes the county gen eral fund, chief loser by the absence of the forest lands from the tax roll, gets nothing. Then, too, the payment, depending on the volume of sales, fluctuates erratically thereby making sound planning impossible. Under the Cordon bill all this would be changed. The for ests would be valued or appraised and thereafter one per cent of the value as found for each county's federal forest would be paid to the county. There would be a re-appraisal every 10 years. The funds received by the counties would be used as each state legislature directed. The dollar and cents effect on the three central Oregon counties by the enactment of this law is not indicated. For the country as a whole the new arrangement, it is estimated, would uring a cost increase but this would be offset as forest receipts increase. As reported by the senate committee the bill is not entirely pleasing to the department of agriculture. It, for instance, would niake the county return three fourths of one per cent instead of one per cent. The department does, however, recog nize the importance to the counties of the establishment of the fixed annual payment program. Having urged many times the importance of the proposed change we are glad to see that this forward step has been taken. We suppose the legislative situation is such that no action on the bill can be expected at this session of congress. However, action will come more easily in another session. Ultimately we can expect that the long-established lieu pay ment rule will be changed. , : ( v This Epley, whose reference to Bend as a "quiet" place was mentioned here yesterday, comes up in his column with the explanation that one of the reasons why Governor Hall had a majority in Klamath county was the fact that "the reform sentiment which helped Douglas McKay strongly in the Portland area evidently hadn't spread out this far." That's too bad, Mac, but remember that there will always be a light burning in the window. Bend's Yesterdays (From The Dulletln Files) FIFTEEN YEARS AGO (May 26, 1933) Boy Scouts ol the Mid Columbia-Deschutes area are gathering at Shcvlin park this afternoon lor a three-day outing. Harold Baldwin and Mayor W. B. Morse, of. Prlnevllle, were in Bend on business yesterday. Mrs. Myra B. Lyons, Deschutes county librarian, left this morn ing for Seattle to attend a libra rian's convention. Bids for furnishing all labor and material and for seeding and planting the grounds of the Unit ed States postoffice In Bend have Been ashed for by the treasury tlc partment. . synopsis or ANNUAL 8TATGMKNT Tot the year ended December 31, 1047 of the PHILADELPHIA NATIONAL INSUR ANCE CO. of 401 Walnut St., Phila delphia. In the Stnte of liennsylvanla, made to the Insurance Commissioner of the State of Oregon, pursuant to law: INCOME Net premiums received ... 91,103,000.50 Total interest, dividends and real estate Income.. 133.R11.16 Income from other sources 137,340.08 Total Income tl.464.391.e4 DISBURSEMENTS Net amount oatd lor losses lrfwa adjustment expenses UndcrwrlUng expenses .... Dividends paid to stock holders (cash 170.00000) All other expenditures (tn eluding Investment ex expenses 12,104.60) .. . B2t.S3 04 28.010 69 004.424.8B 70,000.00 46.636.13 Total disbursements . 1, 170,820.95 ADMITTED ASSETS .Value of bonds owned 1 (amortiicd) $1,331,333.87 IValue of stocks owned I (market value) 2,039.396.00 'Cash In banks and on hand 330,807.23 jrenmims in course of I collection written since 1 Sept. 30, 1947 337.914.42 .Interest and rents due and accrued fl. 330.70 :Other assets (net) . 6.440.6S Total admitted assets . 067. 142 39 INABILITIES. SURPLUS AND OTHER FUNDS Total unpaid claims $ 279.132.00 aiiimmen loss anjummem I expense for unpaid claims 11.964 on Total unearned premiums 1.105.370 75 All other liabilities 134.37977 i Tolal ItahtUUes, except capital 11.330.966 52 Capital paid up 1,000.000.00 llnnsslBned funds (sun plusi 1.936,174.07 Surolus as regards policy. holder! $2,336.17407 FILLED AND GONE Memphis, Tenn. tin A fore man at the Shelby county penal farm ordered a trusty, Julius Graham, 19-yoar-old negro, to drive to the motor pool to refuel a truck. Graham hasn't been seen since he headed away in a cloud of dust with a gas filled tank. SLICES IT DP Memphis, Tenn. Ml Martin Won.ler, who works at the Meth odist hospital pharmacy, reports a new style of downing an Ice cream cone. Wcnzler said a cus tomer ordered an Ice cream cono but instead of lapping the Ice cream the usual way, "he ate It with a pocket knife as though he was eating an apple." Australian coal reserves are es timated at about 15,000,000,000 tons. Total 1.067.14J 59 BUSINESS IN OREGON FOR THE YEAR Net premiums received . 360.827 13 Net losses paid 26.893 03 Principal office In Oregon. 710-21 Board of Trad Bldg., Portland 4. Oregon. BOBINSON. WILKINSON l POTTER V. 8. Nat l Bank Bldg. Ph. 3113 , Med lord, Oregon gVNorsis or annual RTATKMKNT For the year ended December 31, 1047 of the NEW 7.EALAND INSURANCE CO, i.iMlTRn nt 34(1 California Street. San Francisco. Calif., In the State of California, made to the Insurance Commissioner of the State of Oregon, pursuant to law: INCOME Net premiums received . $3,673,373.44 Total Interest, dividends . and real estate income.. 185.858 03 Income from other sources 1.207.981.03 Total Income $5,069.213 42 DISBURSEMENTS Net amount paid for losses $1,252.410 78 Loss adjustment expenses 49.8(10 43 Underwriting expenses .... 1,361,549.66 All other expenditures (in cluding Investment ex penses 166.639.89 Total disbursements f2.R30.478.78 ADMITTED ASSETS Value of real estate owned (market value) $ 300.000.00 Value of bonds owned (amortltedl 3.276.43091 Value of stocks owned (market value) 1.471,464.71 Cash In banks and on hand 766.032.68 Premiums In course of collection written since Sept. 30, 1947 6S5.33I.I3 Interest and rents due and nccrued 32.443 07 Other assets (net) 48 41 1 In Tolsl admitted assets $8,331.233 60 LIABILITIES. SURPLUS AND OTHER FUNDS Total unpaid claims . .. $ 648,061.00 Estlmsted loss adjustment expense for unpaid claims 20 903 06 Total unearned premiums 3.46051548 All other liabilities 283.463 S3 Total llslulltles, except espltsl $4.412 743 01 Capital pnld tip $ 500.000 00 Unnsslened funds (sur plus! 1.638.490.39 8urplus as regarda pol icyholder! .... $2,138.490 39 Washington Column By Peter Kdson (NEA WashinRton Correspondent) Washington (NEA) Informa tion that will enable even low brows to understand the atom is at last beginning to roll out. Ever since they took office, Chairman David E. Lllienthal and the four merry members of this atomic energy commission have been making speeches on the need for popular knowledge about this newest force In civilization. Not much information to under stand has come out, however, and the general public has remained as much In the dark about nu clear fission as it was on the day after the first bomb. Last year, the American Li brary association, reported that readers religiously stayed away from books about the atom. This was explained as escapism. Peo ple were so scared of the blamed thing they didn't want to know anything about it. That sentiment now seems to be changing. The idea is taking hold that, if the mind of man dis covered how to release atomic en ergy, the mind of man can control it. Instead of beating It lor the backwoods, where no enemy would have any good reason for dropping a bomb, people now are reconciled to staying where they are and saving, "Okay, if one hits me, It hits me!" That leads to curiosity about what it is that may hit them. They want to know what they can do about It. Most of the information avail able Is still too technical for or dinary folk to understand. About 3000 technical papers have had the secrecy wraps removed by A EC. Another 3000 are waiting. They deal with such subjects as Magnetic moments oi Myarogen- 3" or "Spin Counts of Rare Earths." They're unintelligible to the average guy or gal, but hot stuff for the scientific journals. Within the next couple of years, AEC will group and pub lish these in a series of 50 or 60 volumes. Another 50 or 60 vol umes, now classified as secret, will be held until they can be declassified. AEC is also compiling a -source book for writers and publishers of text books. Practically all science texts are out of date. Pub lishers want to revise them. The trouble has been that nobody knew what was secret and what was public information. The source book, ready this fall, will- pun togetner an unciassitiod ma terial. It's In the less technical field that Information will be dished out so it can be understood by non-scientists. About a dozen non technical books on the atom have come out since the deep-dish Smyth report was issued in 1945. Selig Hecht's "Explaining the Atom is typical. e e e For the general public, the joint commission on adult educa tion is planning to train leaders for discussion groups, night schools and university extension courses. The American Society of News paper Editors has a committee studying atomic energy .educa tion through their columns. The Boston Globe is already running a high school essay on beneficial uses of atomic energy. A number of organizations have prepared documentary films on atomic energy subjects. The Moody Bible institute's "God and the Atom" is packing in audiences all over the country. "Tale of Two Cities," made up of Signal Corps and navy films from Hiro shima and Nagasaki, is still going strong In its third year. The Monsanto Chemical compa ny, which operates an AEC plant Teddy Hurt, Too v.:v...: ... . - Dwight E. Chadburn fell 59 feet lrom the Klingle Bridge, Wash ington, D. C, when he reached too far to pick an elm leaf. He suffered no broken bones in the fall, although there is a slight possibility of a skull fracture. Sympathetic Teddy Bear's head hurts a little, too. at Miamlsburg, O., recently open ed an exhibit to stop ugly rumors and educate townspeople to the fact that they had nothing to fear. Most successful of the exhibits is that by Brookhaven laborator ies, the AEC research center run by 14 eastern universities at Pat- chogue, N. Y. This exhibit show ed for eight weeks at the Museum of Natural History, New York, and is now opening at Mechanics hall In Boston. All these are signs of what's in the wind. Gradually, people are finding out that the atom can be lived with in peace. Horse Sense Bridge Lessons bv Sam Gordon. The kibitzer. Pilot Butte Inn. Blue Room, May 31. June 1, June 2. Three lessons, two dollars. Adv. 1 52 Use YOUR CREDIT Famous 21 tewet lulova the gem of fine watches. McefccMss reeVsl Tea Bl'IM.K.T PLAN AVAILABLE NSEBERGALL Jeweler Next to The Capitol Theatre Tnlsl $6 551,251(10 BUSINESS IN ORVOON FOR THE YEAR Net premiums received .. $143,473 00 Net losses paid 31,025 35 Prlnvlpst office In Orcron. 904 Hpsldlnr Hide. Portlnnd. Oreeon RORINSON. WILKINSON At POTTFR U. 8. Nat l Rsnk Bide Ph. 3113 rSIedlord, Qrcion LIVE OUTDOORS ON A VELVETY gco&L LAWN Easy when you follow the Scott lawn beauty prescrip tion! Feed with Scotts Lawn Food, sow Scott$ Seed. Do the job yourself in a few minute! with a Scott Spreader. ICOTTS IAWN SEID-Speclal blend of top quality permanent arauoi. Triple cleaned, 99.91 weed free. I lb $1.00 S lbs $4.63 2 lbs $13 J SCOTT SPREADHS-Apply Seed, town Food, Weed Control In a jiffy. Rubber tired S9.9S. SCOm IAWN FOOD plus WtEO CONTftOl-NeW dry compound deitroyl wesdi, feeds aratl In lame operation. Apply with Spreader, clean, odorlese. $4.30 treats 2300 sq ft. .AWN KOI.LKK ANIt SCOTT MI'K KAIIK.lt I (IK KK.NT. THE FLOWER GARDEN IS lirecnwooil Phone 78 J LAST BAY SATURDAY ... BEND FURNITURE'S 33 irefl AMMBVIliSAKY Save 30 fo 50 in This Great Store-Wide Sale! Take Up to 12 Months to Pay! SPECIAL VALUES! sf $209.50 Living Room 2 Pc. Suite Full size davenport and j chair In rich tancslry. Full spring construction. Sale! Trice '149.50 X. 4 h V 4 Pi lk!i $269.50 2 Pc. Velour Suite Blue velour davenport and chair with hardwood frames and spring construction. Save S80 on this Cft 2-piece suite now I O 7$3U fir s59.50 Lawn Swinq Canopy top lawn swing with all metal frame and multi-colored canvas. $ET5 Eft Sturdily built. Adjustable C?3U Canopy Top Chair 8.95 All Steel Chair 7.25 Foldingchair 10.50 Slalnlcss Stwl I nunc ami Arms Sun Tan Lounge 49.50 Cimisc Style 7.75 4.25 Garden Hose .. .. Magazine Rack One l'ly Garden Hose, "One lot Walnut Magazine 50 feet Racks, now 6.95 2.70 12.95 12.95 Coffee Table Table Lamps Walnut Coffee Table, A lot of Lamps, Shade now reduced tti and base complete now ,7.95 7.95 89.50 67.50 Swing Rocker Swing Rocker Blue Mohair Rocker Tapestry Upholstered Swlnff one only, now Rocker, reduced Uj 67.50 49.95 79.50 79.50 Mohair Chair Breakfast Set Swine; Rnt'ker ( hair rli h mo- 5 Piece Metal Table and 4 hulr upholstery spring chairs, slightly scratched, construction. Now only 59.50 49.95 12 Months To Pay! HERE (?0)QG9O1K!)Be & Phone 271 Central Oregon's Home Furnishers Bend 12 Months To Pay! 1IICI.H I'P Ml) PKIt C'KNT IZiiffinl run naked lhroiiKli the' v-iuchko in---a naniui loicon city streets lor mote than 20 Jtvseph Zaffini.'LT), to fjivp tip all ! minutes before he found refuge his clothes ns well as wallet. I in n banker's home. WE BUY, SELL or TRADE Ward Motor Co. Pontiac GMC of Bend Bond and Oregon Phone 1595 Brooks-Scanlon Quality Pine Lumber Brooks-Scanlon Inc. FRECKLES AND HIS FRIENDS C Quit it.' TueNA ugmt OFF.' J LWH--WHY"- r ANDY WAKE u I . Bv Merrill Blos.e' I JT A a .rtftJ ktW-'O Sf J SEARCMUGHT J WHERE ARE U VAi ) I