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The Bulletin, Thursday, November 21, 1963
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Fulbright urges rejection
of bill to restrict trade
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830 Wall 382-5774
WASHINGTON (UPI) Sen.
J. William Fulbright, D-Ark.,
said oday the United States
would become an outcast in the
free world if Congress res
tricted trade of non-strategic
materials with Russia.
Fulbright urged the Senate
Banking Committee to reject a
bill to prevent the government
from underwriting credit terms
for purchase of American wheat
by the Soviet Union tnd Com
munist bloc satellites.
Treasury Secretary C. Doug
las Dillon tuld the committee
Wednesday it was virtually cer
tain the Russians would refuse
to buy wheat here if Congress
adopts the bill proposed by Sen.
Karl E. Mundt. Sentiment on
the committee has appeared to
favor the bill.
"It is clear," Fulbright testi
fied today, "that our virtual
embargo on non-strategic trade
with Communist countries has
become self-defeating."
Meanwhile, Sen. Hugh Scott,
R-Pa., attacked the whole plan
to sell grain to the Russians,
and endorsed the Mundt bill.
Scott called the wheat pro-
TIME FOR LUNCH
FORT WORTH, Tex. (UPI)
A Fort Worth housewife opened
a can of green beans for lunch
Wednesday and found a man's
wrist watch in the beans.
She wound the water-proof
watch and it ran.
CASCADE
riUIMIIPiU INI.
"Business Forms" f
PHONE
382-1963
posal the latest "in the current
trend of one-way concessions to
the Soviets."
Isolation Possible
But Fulbright, chairman of
the Senate Foreign Relations
Committee, said "if we follow
the policy suggested by
(Mundt), we are going to find
ourselves increasingly isolated,
not from the Russians but from
our friends."
He added: "We may, indeed,
find ourselves in the same posi
tion in the free world in which
the Chinese find themselves in
the Communist world. We and
the Chinese will be outcasts,
splendid in our isolated devo
tion to pure dogma."
Rights bill
clears hurdle
WASHINGTON (UPI) - The
civil rights bill, still beset by
disagreement among both
friends and enemies, today
moved one more notch up the
legislative ladder.
The bill aimed at eliminating
racial discrimination in voting,
education, employment, use of
federal funds and public ac
commodations was formally re
ported by the House Judiciary
Committee Wednesday just be
fore the House adjourned.
The sweeping bipartisan
measure was approved Oct. 29,
but it took three weeks for sup
porters and opponents to get
their arguments down on paper
for submission to the House in a
report.
The next step for the bill is
clearance by the House Rules
Committee. That process is ex
pected to take so long that the
measure will not be considered
on the House floor before the
first session of the 88th Congress
ends next month.
o
Wall Street
buzzes over
AT & T move
NEW YORK (UPD-Ameri-
can Telephone & Telegraph
Corp., one of the nation's most
widely held "blue chip" stocks,
was the talk of Wall Street today.
Shortly after noon Wednes
day, AT&T sent a surge
through the "street" with the
announcement that it would
split its common stock on a
two-for-one basis next June and
was increasing its quarterly divi
dend trom 90 cents to ?l per
share next April.
AT&T reached an all-time
hich of 140 a share shortly be
fore the market closed and lev
eled off at 139 at the close. It
pulled other stocks with it and
the Dow Jones industrial aver
age closed up 5.41.
The directors of the corpora
tion also announced plans to
make a large new offering of
stock to shareholders of record
next Feb. 18.
A check of the records shows
that the company paid t h e
same $9 annual dividend from
1922 until 1958, a period punctu
ated by a depression and a
world war without once slip
ping, despite the fact the earn
ings were sometimes below the
amount paid in dividends.
Prior to 1922, it paid a divi
dend of $7.50 a year from 1900
to 19(b, then boosted payments
to $8 in 1906 and held there un
til 1920. The rate was raised to
$8.50 in 1921 and then to $9 in
1922 where it remained until
1959 when it was changed to the
equivalent of $9.90 a share on
July 10. After a three-for-one
split, the dividend was raised to
$3.60 per share each year where
it has remained until the latest
action.
JFK SIGNS BILL
WASHINGTON (UPI)-Prcsi-
dent Kennedy signed a bill
Wednesday authorizing the
striking of medals in commem
oration of the 150th anniversary
of Indiana's entry into the Union.
Temperatures
Temperatures during the 24
hours ending at 4 a.m. PST today.
High Low Prec.
Bend 39 16
Baker 40 21
K. Falls 35 20
Medford 44 33
N. Bend 47 39 .31
Pendleton 46 29 .01
Portland 44 38 .07
Redmond 39 17
Salem 43 38 .04
The Dalles 47 30
Chicago 57 50 .15
Los Angelej 62 53 .08
New York 53 48
Phoenix 73 53 .30
San Fran. 58 49 .04
Washington 57 46 T.
Medical group
aims resolution
at cigarettes
PORTLAND (UPI) - The
Oregon Society of Internal Med
icine came out against cigarette
smoking and cigarette advertis
ing in a hard-hitting resolution
Wednesday.
The society recommended that
it members not only counsel
their own patients on the dan
gers of cigarette smoking as re
gards heart and lung disease,
but speak out in their communi
ties to clear away the smoke
screen of confusion and ration
alization."
Persons who stop smoking
now cut their chance of getting
lung cancer in half, the society
said, and added that cigar and
pipe smokers who do not inhale
have much less chance of get
ting the disease.
The society is composed of
about 170 specialists in internal
medicine, including lung ailments.
Wallendas back
on high wire
FORT WORTH (UPI) - The
audience fell silent; the aging
man barked commands, and
the "Flying Wallendas" defied
death again in their famous
"human pyramid."
Twice Wednesday seven
members of the German troupe
mounted the high wire and
piled gingerly atop each other
until the three-level stunt was
completed. They plan 21 per
formances here.
The pyramid crumbled just
22 months ago In Detroit and
two Wallendas were killed. A
safety net hangs mutely be
neath the performers here a
new innovation.
The Wallendas act was origi
nated by Karl, 58, in 1954 in
Germany. After the Detroit tra
gedy, the performers fell dur
ing rehearsals at Sarasota, f ia
During a runthroueh here Tues
day night, someone accidentally
switched off the lights while
they were on the wire. The
Wallendas froze.
The lights were quickly re
stored, and the aerialists
climbed down from their 36-
foot high perch.
Karl said the "human pyra
mid" will be discarded after
this circus.
Oregon escapee taken in Texas
SALEM (UPI) -George Fred
erick Siefer, 20-year-old Oregon
State penitentiary escapee who
led police on a chase through
the rugged mountain area near
Scotts Mills two months ago,
was captured at Houston, Tex.,
today, police reported.
State police said Siefer had
been living there under an as
sumed name.
Siefer, serving a Ave year
term for burglary from Multno
mah County, fled the penitenti
ary annex Aug. 30.
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