Capital journal. (Salem, Or.) 1919-1980, January 06, 1954, Page 4, Image 4

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    Pac 4
Capital AJournal
An Independent Newspaper-Established 1888
BERNARD MAINWARING, Editor and Publisher
GEORGE PUTNAM. Editor Emeritus
Published every afternoon except Sunday at 280 North
Church St. Phone 22441.
THE CAPITAL JOURNAL, Salem, Oregon
Wednesday, January 6, 1954
BACK TO THE JOB
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SUISCRIPTION RATES:
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Orwosi atoovUs. mi UM UeaUa, U Mi Oaa Tor. DN.ll tun Owld Oram:
MMiur. 1JI; An Hutu Si-Mi Oh ru. lia
FOREIGN OR U.S. GENERATORS
General Electric has written the Army Engineers at
Walla Walla protesting the award of a contract lor the
largmt rotating electrical generators ever to be built, to
' an bnglish company on a lower bid than was made by
G. E. They will be used in the power plant of the new
jHcMary dam on the Columbia.
Protests against contract awards to foreign companies
are not new, but General Electric s protest is based on
an especially interesting angle. It is that although the
English bid was considerably lower the taxes government
agencies in the United States would receive if G. E. built
the generators would more than offset the immediate
saving.
U...s bid was 4,29Z,701. The English bid was
$3,651,476. In addition the English company will pay the
government an import duty of $422,000, bringing the im
mediate saving on this bid to $1,062,225, which was the
reason the Army Engineers gave the English company
the job.
iienerai Electric argues that if the generators were
made in the U. S. taxes amounting to approximately
$1,159,000 would be paid to federal, state and local govern
mental units, leaving a substantial net saving.
Probably G.E.'s letter will have no effect on the genera
tor contract, already awarded, t or we doubt that our laws
authorize an agency buying materials to consider taxes
in bids. Congress might well consider making such consid
eration mandatory on future jobs, for it is a cost factor.
But we are chiefly interested in the claim. Drobablv
only too well based, that taxes amount to about a fourth
of what General Electric, or presumably any other manu
facturer charges for its products. Here is a major factor
in living costs wnicn the average citizen is prone to forget,
tnougn wen aware oi wnat tie pays to the government
directly. .
And we also wonder: If an English company can pay
our janii ana sun unaerDia an American company by
15 percent on equipment in which the U. S. is supposed
to lead the world, what chance have we for export business
in tne luturej particularly lr our companies keep on
1 increasing wages to workers and do not get at least an
offsetting cut in taxes.
Exports are only a small percent of American industrial
' output, but they have been slipping steadily in the past
year or two. This is one of the principal reasons for factory
layoffs. We have enough foreign business that its loss
could push us into a sharp recession. And production costs
that do not permit us to meet foreign competition clearly
mean the loss of this business, to say nothing of such
losses as the McNary generator job right here at home.
rjf office L tggg
nvKS,wiTIN(j FOR. HIM.'
POOR MAN'S PHILOSOPHER
Card System in Offices Held as
Means of Cutting Down Gossip
By HAL BOYLE
NEW YORK The avenge
wife complains her huiband
doesn't talk enough at home. The
average employer complains that
lame husband spends too murn
time exercising his vocal cords
at the office.
Both the wife' and the boss are
absolutely right Naturally. But
what can be done about it? How
can the boss get this husband
to gab less while he's on the job,
and the wife make him give with
a littlo more conversation after
he remes Home and takes off his
shoes?
The nroblem as I see it is
quite simple. ' j'he hired hands
come to work full of overnight
woes they are eager to pour into
any ear. Ail day long iney lope
from desk to desk telling their
troubles.
But when they return at even
tide to their little castles and the
good wife begs, 'Tell me what s
new at the office?" Well, what
'ROrAANMIN&L
WASHINGTON MERRY-GO-ROUND
Liberal Advisers Now Have
The Ear of Pres. Eisenhower
as much power as before.
Instead, here are the men
who are chiefly charting the
Eisenhower program through
Congress in this most crucial
year of his administration:
THE PALACE GUARD
Kevin MeCann, president of
When Nebraska's Curtis was
made chairman of the subcom
mittee to study Social Security.
Defiance college, Ohio, a lib-1 he carefully avoided nuttine
oral on domestic issues, one of j Bob Kean of New Jersey, a Re-
me s cniei speech writers and ' publican who is an expert on
advisers. the subject, on his committee.
Washington If you Jalk to
Kf-ll . - .
nmi oireec or to certain con
servative GOP leaders today
you would almost think that
Franklin D. Roosevelt was in
the White House. This results
from the liberal advisers now
Influencing Ike and is the big
gest change to come over the
administration as it prepares to
do battle with Congress.
One year ago the President
leaned almost exclusively on
millionaire businessmen for ad
vice. Gen. Lucius Clay of Con
tinental Can, Sidney Weinberg
of the Goldman-Sachs invest
ment firm, Alton Jones of
Cities Service, were not only
goinng partners but business
advisers. Today he still sees
big-businesa advisers, but relies
more on his White House staff.
STRAW VOTE ON THE GRID
We note that our journalistic comrade, the Stutenmnn
is to conduct a straw vote on Salem's one way grid. We
considered doing, this ourselves, but decided against it
oecause our past experience in otner cities suggested that
in an issue of this kind several dissatisfied nprann vnitld
lane ine irouoie to mi out a coupon for every satisfied
person wno wouio vote ior tne grid. The result would be.
.... L : i . . l ct.i ...in ' i ..... . '
us we iijuiA me oime.imun win una, a distorted expression
oi uib popular auiiuae.
We hope there will be a full discussion of the pros and
eons of the grid during the coming weeks and months.
We are sure there will be, for everyone who Hves in or
viHiis owem is interested, we ve Heard lots said on both
sides, and we feel mixed reactions ourselves, generally
well pleased but sometimes irritated when we have to
travel six blocks with a car in order to get to a place two
blocks away.
If Salem's grid is to be ultimately decided by the puhlic
which is right and proper, once it has been tried long
enough for people to make up their minds, the place to
settle it is by an advisory ballot at the coming May or
November election. A large percentage of all the people
vote then, and the result means something.
STATE WORKMEN'S COMPENSATION LAW
December issue of the Oregon Historical quarterly con
tains an interesting article on the state's "Workmen's
compensation Law; ioies on the Beginning" by William
n. luursntui, long a resiaeni oi rortiand Out now of Seattle
Wn.
Mr. Marshall was a member of the committee that
drafted the act, was on the first administrative commis
sion, served under five governors. He was later Hom.tv
commissioner of the Federal longshoremen's and Harbor
workers' Act in charge of the five Pacific Northwest
suites ana Alaska
The Workmen's Compensation Act was one of the mra.
ures enacted during the administration of Governor Os
wald West that' modernized Oregon, and made the state
a leader in welfare legislation. In his first message to the
legislature in January, 1911, he stressed the necessity of
providing aid to industry workers suffering accidental
injury on their jobs.
The legislature passed the act and at a special referen
dum election confirmed the action of the legislature forty
years ago on November 4, 1913. Mr. Marshall has pre-
... UA in jH.imry, iMouiHt'auon.H ana
expansions in the years since. Preparatory was an initia
tive bill sponsored by the American Federation of Labor,
modifying and repealing old common law rules passed
November 10, 1911, the employers' liability act, also sug
gested by West.
The Workmen's Compensation Act was bitterly fought
by some employers at first and hv ambulnm-o rWi.,.r
damage case lawyers, but its beneficial results were thus
summarized in a supreme court opinion written by the
late Thomas A. McBride some years after its enactment
in a case invoking the act:
"In fact It may be doubted whether any subject of labor lega
tion has ever made surh Droereu r n,n.j i t.
of its principles throughout the world in so brief a period. It has Party If Ike swings too far to
been a boon both the employer, the unemployed men and com- ithe left.
munity, wnicn ine i.uer coum only offer to the Injured laborer
the charity of the almshouse. Instead of that just compensation
which he may now receive without the humiliation of pauperism
or the loss of self respect"
By DREW PEARSON
ial Security bill with a $10 in
crease of old-age pensions, but
paid lor by spreading the sal
ary base on which the wage
earner is taxed.
Faction No. I Is headed by
Congressman Curtis of Nebras
ka with the quiet support of
Congressman Dan Reed of New
York. They want liberalized
pensions, but have adopted the
U. a. Chamber of Commerce
plan of paying for them by
dipping into the trust fund al
ready accumulated. This
would make farmers and oth
ers, who originally said they
amn i want pensions, now
benefit from the funds deduct
ed from the salaries of wage-
earners.
important for the V. s
Chamber of Commerce, this
Even millionaire Secretary plan would reduce the general
of the Treasury Humphrey, j tax burden Daid by hneins
rated the closest cabinet mem- However, not vn ti pi.
ber to Ike, does not have quite; publican members of Curtis'a
Lively Race Ahead
Astorlan-Budget
Gov. raul Patterson's an
nouncement he will run for the
Republican nomination to suc
ceed himself is no surprise to
most Oregonians, who expected
him to do so. His announcement
ensures a lively primary cam
paign between Gov. Patterson
and Secretary of State Earl New-
Dry, wno was several weeks
ahead of Gov. Patterson in an
nouncing candidacy intentions. .
com tne governor and secretary-
of state are ooliLicallv
strong, and their contest is going
to be one of the most interesting
primary races in Oregon in a
good many years.
WHAT IS FAST?
Bend Bulletin
An Air National Guard pilot
took a jet plane off at Los An
geles the other day and touched
his wheels down a little over
four hours later in New York
for a new national tranxnn.
tinental apeed record averaui nl
around 618 miles per hour.
His accomplishment becomes
a little less significant1 when!
Key Senators for
Debt Limit Hike
By JOE HALL
WASHINGTON vn-Sen. George
(D-Gai said today he had let the
administration know he would go
along with "a reasonable in
crease" in the national debt
limit if necessary.
The veteran senator, who attend
ed yesterday's White House con
ference at which Democratic and
Republican leaders were briefed on
some aspects of the Eisenhower
program emphasize, however,
that any boost in the present
275-billion-dollar debt limit still
was oistasteful to him.
In a separate interview, Sen.
Flanders (R-Vt) said he. too.
"felt inclined" to vote for a hike
in the ceiling of up to 10 billion
dollars with the hope it would not
have to be used.
Flanders said he felt the admin
istration had proved in recent
can they reply? They dont know
anything new, because they have
been so busy bragging about
their own problems they haven't
had a chance to listen to the
other fellow. Besides, they don't
want to talk. Their jawbones are
worn out already.
Now, here is i simple, easy
way to solve this problem in a
way to please everybody con
cerned hired hand, boss and
wife. You do it with cards.
When the employes arrive for
work, they are handed cards and
are allotted IS minutes in which
to write down all the interesting
things that have happened to
them since tne day before. The
cards are filled out in quadrupli
cate. One goes to the boss, the
others are put on "Condition of
Staff" bulletin boards, located by
the office water cooler and in
the men's and ladies' rest rooms.
Here is a typical card:
Name of employe "Joseph X.
Blow, Jr."
State of Health "Dreamed I
was shipwrecked last night and
woke up feehng seasick. Took
sodium bicarb. No help. Any
suggestions? May have to go
home before noon if don't get
better."
State of Wife's Health "She
was Dora tired
Salem 18 Years Ago
ly BEN MAXWELL,
Janury (, 1J
United States supreme court
had held the new deal's AAA
farm policy wholly and com
pletely unconatitutionaL
A national defense budget of
nearly one billion dollars, the
largest peacetime sum ever
asked for strictly naval and
military purposes, had been sent
to Congress by President Roosevelt
A contract had been let for
the construction of third
floor for the-state tuberculosis
hospital and another for the
nurses' home at the institution.
Salem Boxing and Wrestling
commission had reported a
gross income of $1883.60 from
boxing . and $8073.10 from
wrestling during 1935.
Solon T. White, director of
the department of agriculture.
had stated that Oregon led the
nation in disease control for
farm animals.
R. J. Hendricks, editor emer
itus of the Oregon Statesman,
had told the Salem chamber of
commerce that during his 5 Hi
years in Salem he had written
millions of words about the
possibilities of this locality and
"I take back not a syllable nor
eliminate a line of it."
And the Children? "My little journal's Sips for Supper: "We
bet out of the 5000 lies submit
ted in the national liars con
test there isn't one that the av
erage husband could put over
successfully at home. The 5000
that we've tried are already so
shopworn they're detected be-
fellow sure said a cute thing last
night. I was sitting there read
ing me paper, and all of a sud
den he pointed at a picture and
said, 'Glub, glub, da-da,' and he
isnt even three years old yet
now ao you luce that?
installment on my car this week, j 'ore we ltart telling them.'
Buying new car next week if can
make old one hold out until
then."
Other Problems "New neigh
bors moved in yesterday. Look
pretty crummy to me, but too
early yet to tell whether they'll
be real problem."
Remarks "Saw doEficht be
tween collie and airedale on way
Democrats and Ike
Pendleton East Oregonian
Democratic leaders of Con
gress are to confer, along with
a somewhat larger number of
republican leaders, with Presi
dent Eisenhower on Tuesday,
Jan. 5, about his legislative pro
gram for 1954. The conference
comes on the day after the pres
ident will have spoken to the
people on the air, presumably
on his program, and more than
two weeks after he went over it
with republican leaders.
Hence many democrats have
naturally been calling the Jan.
" V , iur Utandine in line at the noor. 3 mpaniaan conierence, ai
a 15-bill.on-dollar increase at the I J"1!! ,n "ne at ,ne poor ! though a courteous gesture, an
close of the 1953 session after the! Th' , , ,fc . - i empty one. Nevertheless, thev
r"?. ad.!iSiCd..'!-: . I formation" card system is that'"" b expected to go along with
.6C. ,u.,.,ci mailman ui int,;. wouid have ,h. ,im. w,,.,Hltne administration on its key
f'nanf? "S. ow 5eni"lon aossfn in the 'SS ! foreign policy measures, white
montn, it ws slriving hart 7 ,,'!
government spending. J""- - i." -
These developments improved i ,j ...ijT. V." t-v...
hit ih. Cn.u -.ill ... """ " ""F- ircuaii-
chances that the Senate will pass
some sort oi aeot ceiling boost al
though some members, including
Sen. Byrd (D-Va) remain adamant
against it.
The issue is before the Senate
Finance Committee, which bottled
up the administration s request for
stop.
I've seen in years. Had one as
boy, though. Good dog, too."
Suggestions to Improve Office
Efficiency "I still say it would
n't break any hearts if they'd
pass a little more money around
in this place. Payday here is like
Democratic member,
sidcrable influence among his col-
"! "J!"! roughly two-thirds of the work ! VP PP?? much of the
lcaaues. Both he and Flanr. vol. oay.r.acn lime sn employe went! 1
oi tne bisenhower pro-
ivaguco. uuui uc auu riaiiuers vol- , ... , . 1 cram
SLiT. the rhe'couldTcaJ aVwVo? I The democrat, in ,954. if their
Chairman Millikin iP.rli Cards.
the Finance Committee, who sup
ported the bill, declined to sav
whether he had been asked to try
to revive it early in the session
nut nign Treasury officials have
you consider his problems were m, rth, Zi ',,,".:!
of limited since heiincrpaso i Mniiki ti,. sure of reaching more than half
really sort
had neither
He would be satisfied him
self because he would know
that by posting his card he could
let everybody in the office know
his woes, whereas, by the old
vocal method he couldn't be
drinking drivers
subcommittee studying Social j tontend with
security will accept the U. S.
Chamber of Commerce form
ula. Here is the inside story
oi wnat Happened.
nor meandering pedestrians to
debt now is within less than 500 of lhem cvcr'' Aa?- And he wu'd
million dollars of the ceiling.
miiiiKin also said in an inter-
go home at night bursting with
lresn gossip to tell his wife,
Travelers' Insurance but whoview ne feeIs Conrcss should pro- n ?ct- ,he. onlv nt wrong
KcoTg
aevhat h"S PanCd COm-:bck 7ote "level lpvaTn7up h ""'"and "P- But at "least
Danv from tnsitr&nra ormine : , . ,r. . r r " 1.1 I,- -
that would be a new problem
for her and love will always REPEAT SPEEDER
Dr. Arthur Burns, former
Columbia professor, now chair
man of the Council of Econ
omic Advisers, New Dealish in
his economic slant.
Charles Moore, former lib
eral public-relations counsel to
the Ford Motor Co., who helped
stabillie Ike's drooping popu
larity.
C. D. Jackson, former pub
lisher of Fortune Magazine,
chiefly responsible for Ike's
atom-pool speech, also is cred
ited with stopping the popu
larity sag.
Robert Cutler, Boston bank
er with liberal Republican
ideas, close friend of Justice
Instead he picked Republicans
wnom ne described as "un
prejudiced." but who actually
knew little about pensions.
They included GOP Congress
men Baker of Tennessee, Good
win of Massachusetts and Tom
Curtis of St. Louis Mo.
BIG-Bl'SINESS STAFF
But he also picked a staff
thoroughly prejudiced in fa
vor of the U. S. Chamber. They
Included: Rita Ricardo Camp
bell, wife of the U. S. Cham
ber s No. 2 economist: Howard
Friend of the Indiana Cham
ber of Commerce which has
now been made the Indiana
linnmnliwmiwl n , . i
miS F"nk'urtcr h0 ' Program one of the weakest in
minded his appointment. Cut-; the nation; and Karl Schlatter
ler is secretary of the National back of the Brooking, Insti
Secur.ty Council, to which Ike tutc, long an opponent of Soc
has entrusted deciding defense Ual Security
problems. . , '
m.. u.ki. ...ial.... o, I Also on the Curti, staff are
man Adam, and advlapr nn iml i !loward " of th Brooking, lustrale,
migratlon-mlnorltv problem,; T " m i "V C ' .Soc"
sometime, Vailed- th? David ' J?1.?""1.? ,,,d .""? of the
..... iini.ii, n., MIIU V . t.
Williamson, formerly with
find a way to solve that one.
TM, as lhe administration has
I his staff has now brought asked
out a report. However, the The' tax before Jan. 1 was tu
congressmen for whom they per cent of a worker s salary up
maae me report, namely the, to 3.600 a year, paid both by the Dee, DmuI U...u.
subcommittee, did not issue the employe and employer. It went up KOJB DOWI MOIlOlOny
,onAl 1hJ . 1. . . i 1 n ) naw f
"I", "im mc icun uiey w, - f;. vein,
jij . . - . i v,:ii:t.:
am not issue ii is mat Chair
ivas votes can lie taken as a
guide, can be expected to fight
administration plans to reduce
defense forces and outlays. On
the few votes taken in either
the senate or the house in 1953
on defense issues, most demo
crats were for higher defense
expenditures than were on the
administration slate. The demo
crats insisted that while they
were all for economy, they were
dead against what they called
economy - at - the expense -of -defense.
Slillikin said he personally fa.
vored the 14 per cent rate. But
Albany
It took
Democrat-Herald
terrific effort by
he said he wanted to sec "all the 'rcmendou, football team to de
figures" on administration plans ''a, ,ne Pacific Coast champion
In U- 1 :i . r I TTrT A L--1.I.... TI.:.. I
to ui uuuiii sui-iiii security COVfr- ,J' 1 i.'m.i. inn, However,
age before he decide, whether the ' maltcs seven Rose Bowl games
2 per cent tax i, needed. nut of eicht taken by the Eic
WALLA WALLA. Wash. (UP)
Rancher John Alheit, 78, paid
a fine for speeding and then
chuckled as he told nolirc it
was the second time he had been
cited for a traffic vinl-:, nr. I ic
first time, he said, wns 55 years
ago when police hauled him in
for racing hi, horse down Main
Street.
vice indicates im-
any track imperfection.
man Curtis knew he couldn't
persuade them to sign.
Curtis himself issued a re
port, but not his committee.
However, Resolution 243 In-
conlmUtee totud'y tJSff'l Gcow' " the oth" d Ten 'm the best tra'c0ks XZ ,S 1", raUr0ad
committee to study Social Se-I,c favors (r.ezinE the tax it lu we have to offer on the coast 1 ,?cs- a n" deuc employing an
S d'd."0t. " W",cd "iP" -nt formo'eyeaJs. '.le The situ.Uon is not 'exactly !
"i"" "" spec-1 sad the oresoni m.hiiiinn.iii,. traa c. bul we'd ike tn thir, r -"-ii. oi iiniisn
Hied that it wanted a mnoit !-,,. ..,,. .. - i. .."'."'"' . i.i. ... ".'Tr "iiroaos. me dev
- --. .uiiu ,a anisic lo dMirt- so- - .....ic uc.i ij rwn. iei s mcriiitpli-
Irom congressmen themselves, j cial security payments for at least cc; it's California teams that -
inrj. iiavcn i isiura one. me nexi iu year,. i nave Deen Diting the dust at
Reason they haven't i, that Flander, and Sen. Carlson (R. Pasadena ever since we started!
the staff report proposes trans- Kan. who also serves on the , Rosebowling with the Big Ten. I
fcrring those on state relief Finance Committee, said they fa-: Maybe what we need is to have!
rolls to the federal security 1 vor ,he ,v4 P" cent rate, and Carl, a northern team in the Bowl I
$18,000,000,000 trust fund. Al- 801 ,5aid he wasconfidenttherewerc i again. Perhaps a team from our'
so it would let new pensioners ! su"l''nl vole, in the Senate to own state or from Washington ;
not having paid into this fund ! Pul , r tax Datk don ,0 thc 19'3 can dn something to break the '
benefit from what others paid ,, . monotony of midwestcrn dom-'
in previously. . ,fmrmr . surh a move would inance. "Maybe next year . . . "
This would nave lh- ,vrtl r .. ..- in me Mouse. .
mere some kev Henuh iram in.
Kovi-rnniem money and re- rlnrfin., rh, . n.' .i "i
taxes to business. but .R.W, f ih. u-,... .'j
Diaper Dabv
Rash Eczema
U-oli In Rn.nol. o,li ,rd noftrni
dry. cru.tv rtin-Kmnol mrdiriio
""y ncn fivi bby romforU
OINTMENT
nd SOAP
givfi nan
RESINOL?n
duce
Niles of the Eisenhower ad
ministration.
These are the men with
whom Ike consults most of late,
the men who have molded si
program which they believe
will win back both liberal Re
publican and Democratic sup
port. They realize, of course, that
the time is late. But what they
may not realize is the bitter-!
ness of right-wing GOP oppos
ition and the fact that some
of the latter are planning a
conservative isolationist third
Prescription-like medicine
stops Sour Heartburn-Gas
Put ulfirm mmcM tenar iiurnit
Now it' nadk l Bnff.r twrninc .Hn f
i-iil inaiffcation. m, hrartburn -thtnki t
"rrt nption.trp" formula of 1. H.
rrundor, 1'h.G. Modirallv-provog Pfimd.r
TaMou aoMba away pal with and-noo-ralnint
Ahn. Yaw Ml MMt anylhinf yoa
hko-wiihnut fear of dutrom. Anwtinvlf
uwh roliof ffiMfW-totf or nan,, hark : liol
rfur-arr'i Tablota aadar. IM..0tt aoM.
PICKET LABOR TEMPLE JOB
DENVER (UP) Pickets for
the AFL Teamsters Local 13
marched back and forth at the
construction lite of the AFL La
bor Temple. The teamsters claim
a non-union driver is being used
on the Job.
Ml'SICAL ROBBERS
OI.D-AGE PENSIONS
Significant illustration of
what Eisenhower is up against
from GOP reactionaries and
big business is the current
backstage battle over old-age
pensions. This affects several
million oldsters, though
Wilmington. SC. (L'P The
proprietor of a roadside cafe told People understand what's been
ponce mat two young men sipped happening Here are the two
soft drink, and played "From opposing factions battllne in
RibV, to Rirhei" on ih. i.'. 1 ..H.. m t " in-
Muke bo, hat nigh, wWT Faction No. iThe' White
bin, him of ,,00. House w.nto . UZX.
or 1. 1. Laai. no or o cn.a g d
nRS. (.HAN and I.AM
CHINESE NAT! ROPATHS
I swUlrs. t4l Nnrth Llbrrty
Ot!K BatiMar an:r II i
to ' lai I w 1 ta Coeraltauwa
lowi proarar sau wrina uau an
froo r rharaa Praruoad aiaaa Itir
Wrila fa, allrarftfa atn Ha awa
a atiaa
tirv.:- u j..i . . . , . .iur
r, '? -"'""t i-ommmee lavor the 2 per cent
it inadvisable. The battle il- rate. Rcd. .lam r navi. ,n.r...
the cross fires Ike ' announced hp umnlH rr.- k:n
faces inside his own party. to restore the m per cent rate
wun reiund, retroactive to Jan. 1.
icoprrlthl mi
White Star
TUNA
Rfjf. 33c
cans
SAVING CENTER MARKETS
" .
Save in a
interest on savings in 1954. . .
WalleyO,
BONUS SAVINGS ACCOUNT
OIL "
af interest i, paid on Valley Bank Bonu Savings Account,.
I " qualify 'or this greater interest earning, simply ,dd J J or more
each month to your account.
Stort Ih Niw V, b, ,0,1a, iyjtem.fic.r .1 s.l.m'i h.m.-.wa.fj bank.
O.posfs on or before Jan. 10 earn fnferesf from Jan. I,
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Nie orrict, mo 1.4
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