Capital journal. (Salem, Or.) 1919-1980, January 25, 1950, Page 3, Image 3

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Calls on President Angu.s Ward (center), former consul
general in Mukden who was imprisoned by the Chinese
Reds, confers with President Truman at the White House.
He was accompanied by Secretary of State Dean Acheson
(right). (Acme Telephoto)
Claims More Lives Saved
Than Lost by Atomic Energy
Baltimore, Jan. 25 W) More lives have been saved by atomic
"energy than were lost in the atom bombings of Hiroshima and
Nagisaki, Dr. John Z. Bowers of the atomic energy commission
said yesterday.
Dr. Bowers, deputy director of the commission's division of
biology and medicine, called nil-
clear energy the "Dr. Jekyli and Hiroshima and Nagasaki," he
Mr. Hyde of our civilization.
He didn't elaborate on his
comparison. The army esti
mated that 78,150 persons lost
their lives in the Hiroshima
blast, and the U.S. strategic
bombing survey put the num
ber killed or missing in the ex
plosion over Nagasaki at from
35,000 to 40,000.
But he did discuss various
ways that atomic energy is being
employed to assist mankind in
an address at the first session
of the Enock Pratt Library's
Atomic energy instituat.
"It is a great force which
turns out the most destructive
weapon ever known to mankind
and at the same time develops
energies which are used (to
save) more lives than were de
stroyed by the great blasts at
declared.
Atomic energy's first and
most important use is in re
search. Bowers explained
Through radioactive isotopes,
medical men can unravel the
mysteries of body chemistry
trace elements through the body
channels in a way never be
fore possible.
Second is its use In therapy
he said, where It is used in the
treatment of malignant cell
growths such as cancer. It has
been especially effective against
thyroid cancer, he added
Radioactive isotopes are by
products of chain-reacting ur
anium piles, devices used in the
creation of the atomic bomb.
Sealing is the only source of
livelihood nor natives of the
Pribilof Islands.
'Unusual Events'
Grounded 'Mo'
Norfolk, Va., Jan. 25 W) The
grounding of the battleship Mis
souri on a Chesapeake bay mud-
bank was blamed yesterday by
her commander on "a chain of
unusual and unfortunate circumstances."
The officer tall, handsome,
gray-haired, 47-year-old Capt.
William D. Brown, said, how
ever, he could not "go into de
tail."
"To do so would be to usurp
the prerogative of the court of
inquiry which has been appoint
ed," he said in an interview in
his cabin.
The captain said he is optimis
tic about seeing the battlewa-
gon's shadow in a different loca
tion after the next move is made
to flat her on February 2
Groundhog day.
So is Admiral Allen E. Smith
commander of Atlantic fleet
cruisers, who is in charge of the
salvage operation. Smith said
increasing the big ship's buoy
ancy and pulling will be the two
chief methods used in the next
attempt to haul her off the mud-
bank.
Both Captain Brown and Ad-
Giant Wave May
Lift 'Missouri'
Norfolk, Va., Jan. 25 (U.PJ
The navy said today it was con
sidering starting a giant wave
to help wash the stranded bat
tleship Missouri off her mud
bank, but the idea might be
dangerous.
Rear Adm. Allen E. Smith,
commander of cruisers for the
Atlantic fleet, said the navy
thought of sending a cruiser
racing close to the bogged-down
Big Mo at the next attempt to
free her Feb. 2.
The cruisers bow wave might
lift the battleship for an instant,
breaking the suction which has
held her firmly in the mud
But the Idea may be abandon
ed, he said, because the wave
might be dangerous to the tugs
and other small craft hauling
at the battleship.
In the big pull Feb. 2, Smith
said, five tugs will haul at the
Missouri's stern, adding their
power to the Big Mo's winches
pulling at nine huge anchors
behind her.
Other tugs at the sides and
bow will push and pull to give
a "whipsaw effect" to break the
Big Mo free.
Smith said the skipper whose
first cruise with the Missouri
ended on a mudbank is "calm
and effective" despite a naval
inquiry.
He said Capt. William D.
Brown "is engaged in salvage op
erations. He has to do a lot of
things. He has no illusions about
what happened. I respect him."
Adm. W.. H. P. Blandy, com
mander of the U. S. Atlantic
fleet, confirmed that Brown was
trying to run the battleship
through a secret acoustic range
device when it smacked into
the muck last Tuesday.
miral Smith emphasized that the
Missouri, despite her helpless
state, is comparatively undam
aged.
HEART ATTACK OR
INDIGESTION?
THANK HEAVENSI Most attacks are just acid
indigestion, wnen it strikes, take Bell-ana
tablets. They contain the fastest-acting
medicines known to doctors for the relief of
heartburn, gas and similar distress. 35.
Tax Collector Breathing Down
Neck of Colleges, Institutions
By SAM DAWSON
New York, Jan. 25 VP) The tax collector is breathing down the
neck of the nation's colleges and charitable trusts. Beset by
rising costs and falling yields from their traditional investments,
some of these institutions have gone into competition with busi
They enjoy exemption from
income taxes, and some busi
nessmen complain that this gives
the schools and other tax-exempt
institutions an unfair edge in
competition. And the U.S. Treas
ury is looking for more and more
cash wherever it can find un
taxed income.
Most of the colleges and uni
versities which now run just
about everything from macaroni
factories to cattle ranches say
they have entered the business
world reluctantly.
They call it the only way to
make enough money to keep
their educational plants running.
These Institutions alwr.ys have
been exempt from income taxes.
In the old days they put their
endowment funds into high-
yielding bonds and mortgages.
But in recent years the yields
on such investments have slip
ped steadily.
Money invested in the tradi
tional ways no longer bring in
enough return to support the
schools.
But the tax collectors and
some businessmen see the thing
in a different light.
There has been a growing
tendency since the war for busi
ness enterprises to deed them
selves to universities and col
leges, who operate the firms un
der a trusteeship. The business
escapes the income tax that way,
and the educational institution
gets a higher return as its share
of the profits than it could from
investing in securities. And the
schools pay no income tax.
Another big trend has been for
business firms, especially retail
stores, to sell their buildings to
tax-exempt institutions, and then
lease them back. The college
pays no income tax on the rent
it receives, while the business
charges off the rent it pays as
expenses when computing the
tax on its earnings.
Federal tax collectors say that
some 14,000 educational and
charitable institutions report
their incomes only a small part
of the total such groups. They
report total annual income of
$1.2 billion, of which $556 mil
lion was from business activities.
Tax collectors add that if you
take in all the tax-exempt organ
izations, such as farm coopera
tives, you find some 99,000 (also
only a small percentage) report
their incomes, with receipts of
$9.8 billion, of which $8.1 bil
lion comes from business activi
ties. Some of the activities from
which schools draw funds in
clude: Rent from business prop
erties, apartments, homes, prof
its from farms, shops, creamer
ies, laboratories, printing plants,
cattle ranches.
As one example, New York
University is reported to have
Capital Journal, Salem, Ore., Wednesday, Jan. 25, 1950 3
sews ?WZ
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Golden King 'Tuf Egyp
tian authorities, searching for
tombs of 14 Pharaohs of 4.000
years ago, hope to find treas
ures like the gold mask
(above) of King Tutankhamen.
acquired businesses valued at
close to $500 million. The in
ternal revenue bureau is trying
to collect $135,000 for income
tax on a macaroni factory which
the university operates under a
trusteeship. The case is pending
before the tax court.
A member of the house ways
and means committee has said
that the university saved $1.5
million altogether in taxes that
would have gone to the govern
ment if the businesses it runs
had remained in private hands.
U. S. Uranium
Sold to Russia
Washington, Jan. 25 W)
House Investigators heard tes
timony today that a private cit
izen knew about the atom bomb
project at the time a company
the man headed sold 1000 pounds
of uranium compounds to Bus
sia.
The man was Boris Pregel and
the time was the spring of 1943.
The testimony came from Dr.
Philip L. Merritt, atomic energy
commission official who former
ly made wartime uranium pur
chases for the atomic bomb proj
ect. He appeared before the
house un-American activities
committee.
Merritt said Pregel was pres
ident of the Canadian Radium
and Uranium company, sole
sales agent for a Canadian ura
nium producing firm.
Pregel's company has been de
scribed as an American firm
with headquarters in New York.
Merritt said the Canadian Ra
dium and Uranium company
sold 1,000 pounds of Uranium
oxide and nitrate to the Soviets
through what he regards as a
violation of a contract giving the
U.S. government exclusive rights
to its uranium supplies.
Rep. Nixon (R., Calif.) asked
Merritt whether there was "any
question in your mind that Pre
gel knew why the government
was tying up this material."
"He was aware of that," Mer
ritt answered. "He was aware
of the Manhattan project."
Guam has been a U.S. pos
session for the last half century.
c!lIIII Your Greatest Clothing Values
ltIM! for 1950
MOW At The MAN'S SHOP'S
JANUARY CLEARANCE
Suits, Topcoats and Selected Furnishings
ore being cleared at unbelievably low prices. Buy quality clothing now and for the fu
ture at these huge reductions. No clothing re-marked. Figure your own prices from
original price tags.
OVERCOATS-One Lot Reduced 40
Included in this group are fine imported tweeds, camel's hairs and Shetlands. A great buy if your size
Is here. ,
OVERCOATS-One Lot Reduced 20
This group includes every coat in stock (with the exception of coverts and gabardines). All Kuppenheim
er and Chester Sarrie coats are here in the most desirable fabrics, patterns and models. All remaining cov
erts and gabardines carry an attractive reduction.
SUITS-ONE LOT REDUCED 30
This group of suits includes all sizes in broken lots. Look at these prices!
SUITS-REGULARLY AT $55.00 NOW $38.50
One nationally advertised brand, were $47.50, NOW $33.25
All other suits in stock materially reduced. This reduction places a great many of the finest suits in medium
price brackets.
DRESS SHIRTS-ONE LOT REDUCED 40
All are pattern shirts. They are standard makes, and in most sizes, including the new spread collar, French
euf f styles.
SPORT SHIRTS-ONE LOT REDUCED 40
Included are flat rayons, rayon gabardines, mesh weaves and mixed wool and rayon. You're going to need
them later better buy now!
WONDERFUL BUYS FOR V PRICE
Broken sizes in heavy all-wool sport shirts, plaid jackets, blue melton jockets and two-tone leisure coats.
TDflE MAN' MfllP
The Store of Style, Quality & Value
MOXLEY & HUNTINGTON
SLASHED PRICES
Bring You Great Sayings
Odds and Ends!
One or Two of a Kind!
ipjii I m.Ukii lip
Ml
Book Trough End Table Wol, Finish ......... $6.88
Modern End Table Walnut Finish $6.88
Glass Top End Table Amazing Value $7.88
Small Coffee Table Nice Walnut Finish $7.88
End Table with Drawer & Shelf Walnut $ 1 3.88
Many Other Equal Values
(JAWMWr BEDDING
$2488
$0088
J7
St. Francis
Cover
Box Spring, 1.19.88
Woven Stripe Mattress
Flexalotor Insulation. Exceptional
A beautiful Damask Mattress
Satin Border. Custom built
Pull Up Occasional Chair $1 "I 88
Modern or Conventional Styles II
Platform Rocker. Double Springs $QQ88
Coil Spring on No-Sag Platform ?
Rocker values to $69.50 $Q88
Frieze Velour Tapestry "t W
Sofa Beds. Reg. $89.50 values $LQ88
Velours and Tapestries O
(XIDQi:ilIBB
Extension Diner Mahog. $CQ88
Veneer, console style ... 3 jr
Opens to 40x76
Dining Chairs add lots $Q98
Mahogany, walnut, blonde J
DINETTE SPECIAL '
5 pi chrome set. Stain resistant top.
Duran upholstered chairs. Gray
Red Yellow $LQ88
$89.50 Set W7
Big Buys in Fine 2 Pc.
LIVING ROOM SUITES
Massiva Stripe Mohair Suite
Popular rose color. Regular $229.50
Handsome Mohair Frieze Suite
We have it in Rose or Blue
Rich Charles of London Suite
A $249.50 Suite in Wine Frieze
Modern 2 Pillow Channel Bock
Sage Green Frieze. $259.50 value . .
$14988
$17988
$17988
18988
5fc: Suites xjt
wlater" ie
a.
TANfckB twins.-
car
54
9x 12 All Wool Chenille $37.88
9x12 Enamel Surface
Floral and Tile Patterns $5.98
Rainbow Color Hat Felt Rugs.
Asst. sizes. Reg. to 8.95 . .$1.95
15'2x27 Cocoa Mats and
Rubber Door Mats $1.49
Close Out Bath Mat Sets . . $1.98
Armstrong Quaker and Congoleum
6 ft. yardage Enamel surface
per foot 50c
Metal Pin-Up Lamps .... $1.98
Brown Metal Bed Lamps .. 1,49
Pressure Cooker $6.98
Broil-O-Mat Broiler $9 98
Electric Iron $3.98
Proctor Auto. Iron $9.98
Turn Over Toaster $2.98
Auto. Pop-Up Toaster . . . $9.98
Waffle Iron $9.98
Food Mixer $29.98
Special Prices on Close Outs.
v we give ?h:
GREEN STAMPS
Open Friday to
9 p.m.
Ml IN , H f I V, II 1I Yn
lllllll IU LB kWk H
416 State Street
Salem, Oregon