Medford mail tribune. (Medford, Or.) 1909-1989, May 10, 1935, Page 9, Image 9

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    ilEDFOTvD MATL TRTBTJOT. rEDFOKD, OTIEGCVS'. FRIDAY. MAY 10. 1935.
PXGE NOTE
10
BONUS BILL TOLD
BY BANKACT HEAD
Two Billion in New Cur
rency Would Bring About
Inflation Fear and Bad
Psychology Eccles' View
GREAT-GREAT-GRANDMOTHER SUES
By NATHAN HOIIERTSON
Associated Press staff Writer
WASHINGTON, May 10. (Jp) The
opinion, that Issuance of S2,OOO,0O0,
000 In new currency to pay off the
soldiers' bonus u-ou:d constitute In
flation to the extent that It created
a "fear psychology that would came
& rapid velocity of funds" wa ex
pressed today by Marrlner S. Eccles.
governor of the federal reserve board.
If such means were used over and
over again to pay government debts,
the value of currency would depre
ciate In proportion to the fear creat
ed, he added.
Displace Fxlsting Money
He testified to a senate banking
subcommittee on the omnibus bank
ing bill while a delude of telegrams
arrived at the White House urging
either approval or veto of the Pat
man bill for paying the bonus by 'a
attlns new currency.
Questioned by Senator Couzens (R .
Mich), the former Utah banker said
the $2,000,000,000 new currency that
would be issued under the Patman
bill would "not increase the amount
of money outstanding" because it
would displace existing currency.
In itself, he said, the bill would
provide no more inflation "than if
you put out that much of govern
ment bonds."
Senator Glass (D., Va.), who op-,
poses the Patman measure, said It.
If enacted would "make It so easy"
to pay government Indebtedness with
new money that the government,
printing presses would be running In
definitely. Control Nwessary
Eccles testified that public con
trol of national credit end monetary
policy was essential to promote re
covery. He denied the measure would make
the reserve system a "football of
party politics o: an engine of in
flation." "The proposals made in this bi'l
are definite and limited in scope and
arise out of the experience of the
past 20 years. They are not revolu
tionary: they do not alter the fun
damental character of the federal re
serve system, or the regional nature
of Its organization."
"There is nothing in this bill that
would increase the powers of a po
litical administration over the re
serve board," he added.
Reading from a long prepared
statement. Eccles asserted the "need
for public control of the function'of
supplying the .medium of exchange
to the people of the United States,
both by issuing currency and by reg
ulating the volume of banks depos
its, seems to me to be almost a non
controversial matter.
"It is in direct recognition of the
constitutional requirement that con
gress shall coin money and regulate
the value thereof."
LEGION SALE ARE
24 M 25
Mrs. Julia A. Frledrich. 90-year-old great-great-grandmother, In
Los Angeles court where she asked tor a divorce from her 71-yeaMild
husband, August Frledrich. She testifier! he no longer loved her and
complained about her cooking. Her daughter, Mrs, Grace Barrett
(right), 56, and her granddaughter, Harriet Jones (left), 21, mother
nf two children, were in court with. her. (Associated Press Photo)
ROCKET SHIP WILL
MAKE 4400 M. P. H.
IF IT S PERFECTED
BIBLFUffRENCETO
P Ad A DEN A, Cal. (UP) Aeronaut
ical exports of the California Insti
tute of Technology estimate that
with the solution of mechanical dif
ficulties rocket ships can be built
capable of flying 4400 miles per hour.
The panes would resemble dragon
flies, with thin stubby wings and
long spindling bodies. Their noses
would end in air-ptcrcing points.
Such a plane was designed by Wil
liam Bollay, graduate research stu
dent. He calculated that a rocket
ship must carry 85 per cent of its
weight In fuel liquid oxygen and
gasoline. This mixture would be ex
ploded in a propelling exhaust from
a Jet at the tail.
The plane would take off at 95 ;
miles per hour, climb to the strato- i
sphere at 90.000 feet in five minutes,
and have a celling of perhaps 120.000 j
feet. The climbing rate would be ten j
times that of the fastest military
Mechanical difficulties are far be- J$
yond the ken of present aircraft facil- i ;
itles. he said. There would first be
the task of constructing a stiff tubu
lar fuselage and wings that would f'.i
.old up at such tremendous speeds, j;
Ordinary ships would melt from w
the heat of tlie air friction, he said, it
Thepllot must be protected some- &
how or he will be scorched at one
end and frozen at the other. Liquid
oxygen for the fuel is of sub-rreeztng
temperature, whll ethe rocket Jet ex
plosions would reach several thousand
decrees centigrade. Bollay explained.
Scientists here agreed that the first
use of the rocket ships twill he In
pilotless flights to the stratosphere
carrying self-recodding instruments.
Some experiments already have been
made along this line.
producing drugs in the barbituric
acid group, the commissioner pointed
out that nine deaths from the dis
ease had occurred here in the first
ten weeks of this year.
"How close the connection may bo
is still a moot question." Fronczuk
declared, "but health authorities are
awaiting the final decision from the
research laboratories and clinics as
to the possible effect on the blood
of using these sedatives to excess.
Exhaustive study of the problem is
still going on and the final word
ha not yet been spoken.
Until something more definite is
known, we can at least avoid the
possibility of it (lukemia) being
caused by excessive use of barbituric
acid by avoiding the use of the va
rious sedatives and hypnotics which
an so frequently advertised as "non
habit forming drugs."
Friday, May 24 and Saturday. May
25. will be Poppy Day In Medford
On these days the women of Medford
Unit No. 15 of the American Legion
auxiliary will distribute little nd
paper popples on the treet to be
worn in honor of the World war dead
The observance here will be part of
the annual nation-wide observan-e
of Poppy Day? during which million
of Americans will pay tribute to the
memory of the war dead by wearing
memorial poppies.
Poppy Day activities here will be
directed by a committee from the
Auxiliary headed by Louise Cleaves,
chairman. A large corps of volunteer
workers will be organized to cany
out the distribution of the flowers.
The Doner noooles which will be
' ' worn her have been ordered from
the Veterans hospitals In Portland
and Roseburg. where they have been
made by disabled World war veter
ans. The poppy making has provided
employment for needy veterans
through the winter and spring
months, enabling them to help sup
port themselves and families. Public
response on Poppy Day will determine
how soon and how extensively this
work can be re-opened.
In exchange for the paper noppleH,
the Auxiliary women will ask each
person to make a contribution for
the welfare of the war's living vic
tim's, the disabled veteerana, the wid
ows and the fatherless children of
veteerans. This money will be used
entirely . in the welfare work of the
Legion and Auxiliary, the bulk of It
in the work of the local post and
unit.
A prediction by the United States
department of agriculture is that the
prices of farm machinery In 1935 will
be slightly higher than during the
preceding year.
Use Mail Tribune want ads.
SIGN 22 HERS
FOR 20-30 CLUB
Twenty-two members were signed
up by Medford 20-30 club last nlht
at their regular meeting at Hotel
Medford, a series of 12 probationary
meetings for new members having
Just ended. The club hiSa sent a pe
tition for a charter to the 20-30 club
headquarters at Sacramento, and 1
planning a big "charter night" when
it is received.
Besides the new charter members.
Lyle Llndley. Earlwm Cutler and Carl
Rassler were accepted into the club.
It was announced that a team lead by
Aubrey Sanders won the attendance
contest, and will be treated at a stag
party In the near future by the los
ing team, captained by Lem Mass'e
A big "hard time" dance Is also be
ing planned.
Another announcement stated that
the project of cleaning up the Jack
sonville cemetery has been complet
ed. Paint used in reflnlshtng the
fences was donated by Coleman's
Hardware at Jacksonville, and Porter
Lumber Co. and Hubbard Brothers of
Medford.
Guests were True Runyon and Cor
dy Sunderman.
4
The cash income from North Caro
lina farms was about (238.000.000 tn
1934. representing a gain of 35 per
cent over 1933 and 143 per cent over
1932.
E
CAT POPULATION
ROME (UP) Another roundup of
cats to be domiciled in reclaimed
areas of the Pontine Marshes will
be undertaken shortly, officials said.
The new battalions of cats will
replace those who have returned
to Rome from Llttorla, a distance
of 40 miles, where they were taken
last summer and during fall months.
The roundup will serve a two-fold
purpose. It will provide caSa for the
new areas and help rid Rome of Its
only offensive night noise. Now that
all motor traffic must travel with
out use of horns, Rome's nights are
only broken by the cries of thous
ands of cats for which the city Is
famous. There probably are more
cats per capita In Rome than any
other city of Its size tn the world.
To avoid the possibility of cats
growing tired of the quiet surround
ings of the Llttorla Province and re
turning to Rome, they will be trans
ported In darkened boxes and driven
over Rtg-wg routes after dsrk.
Officials will avoid collecting the
legions Irom the Flora, since the
first contingents of mice hunters
were selected in those sections of
the city.
Use Mail Tribune want ads.
Use Mitt Tribune want ads.
Piles
TO ALL WHO
SUFFER FROM
We ure you to step Into Jarmln
Drug Store and get Just one email
box ol MOAVA SUPPOSITORIES
follow the simple directions and
you'll quickly see he the pain ag
ony and even the mental anguish
can be allayed ana quelled. you get
rest and comfort once again. No more
suffering. If you'll give yourself this
chance. Cot la but 60 cents with the
.....ht.m that tntl mllAt mt-. Tpaillta
or your money cheerfully refunded.
RECTAL
Suppositories
SENIORS ENJOY PICNIC
AT JACKSON SPRINGS
About 120 seniors of Medford high
school left early ths mornng for
Jackson Hot Sprngs, where they ari
spendng the day n the annual senor
picnic, one of the highlights of the
whool year for the graduating class
The group is under the supervision
of Miss Ma urine Carroll, dean of
girls, and Leland Mentzer.
Livestock men say cows fed with
good hay and on pastures suffer fewer
digestive disorders than those fed
heavily on grain.
30c per gal.
"Grade A" Milk
and Cream
from
Tested Cows
Kershaw Milk Depot
106 N. Ivy St.
in unnkmg water
AT
MERRICK'S
OPENING AGAIN
iaturday -1 P. M.
Enjoy Yourself
In Southern Oregon's Best Known Swimming Pool
where the water is pure because it's Chlorinated. Meet
your pals at Merrick's tomorrow afternoon.
A successful and constructive Bible
conference will close this evening at
the Baptist church, at 7:45 o'clock,
when Dr. B. B. Sutcliffe gives the
last of a series of talks. His topic will
be "The Wlrld's Golden Ages."
Many throughout the to 1 ley are fa
miliar with Dr. Sutcllffc's weekly
Bible exposition and have apprecia
ted the opportunity of hearing him
in person. Dr. Sutcliffe will leave to
morrow for the east to meet other
speaking engagements.
More than 7. 600 elm trees Infected
with Dutch elm disease have been
found so far in the area around New
York harbor.
EXPERTS SEEKING
E
Ask for S. & H. Green Saving Stamps
Added Savings for You! Premium Parlor
MAIN FLOOR
in our Store;
BUFFALO. N. T. (UP) Possibility
of a connection between the marked
increase in Hhe number of deaths
from lukemia. dread blood disease
which virtually always is fatal, and
excessive use of certain sleep-producing
drugs, was sen by Bufmlo
Hpalth Commissioner Francs E. Froc
zak. Warning against the constant use
of hypnotics and so-CBlled sleep-
' r
A I
WHAT LUCK. ..my
tcumiU co$cc, too!
For a limited time,
special prices on
both tin and glass
ars.durinq'Know
Your Northwest
fine Products"sale
...see your own
eoartment Store
a.
Bargains Throughout This Big Store for Mother's Day
MAIN FLOOR and BASEMENT
8
MAIN FLOOR
BARGAIN BASEMENT-
' . '., ' i.
2 -V-V i i
V W'W-arocer today!
COTTON
The Season's Biggest Style
News Gayly Printed Voiles
35c
They were a 'enntlon last year. The
bright pliild and prints In thop make
them the big thing for sports frock..
Yard
Cotton Print
25
The Bummer version of
this all-season favorite
has been especially priced
for your selection Yd.
D&inty Batistes
Tell a fu-hlon -lory or summer rliiint liics all IhHr
nun. It" hjgr rrl'-i'"". take rare of volrimlnout
1eees and finning skirts so murb In vogue. In
the mo"l iMfrate p;i.(rs.
Yard 35C
A Lucky Break
For You on
Spring Shoes
Savings up to $1.50
$49$98$298
Plain and sports styles may both be had in this
special group. Your choice of light and dark colors.
Cotton Frock
BARGAIN msKMKNT
The Thrifty Solution to Tor
Summer Clothes Prob!?i!
A feature at
i 59c - $1.25
Novelty Figures!
PRINTS
VIK1AIS BASK.MKNT
' yd. 19c
Both small and large prints are
included in this sheer wash,
able fabric. Looks like chiffon
and launders beautifully.
Extra Value Without
Extra Cost in These
WOMEN'S
SPRING COATS
Swagger Styles Belted Models
Values up to $24.50
$1495
Save as much as half in some cases. It's a pity to sell
such fine quality at this price, but we need the space
so they're yours for this all-time low. AH sizes are
represented.
This Hosiery Value
This Hosiery Value Leads for Mother's Day Gifts!
Full-Fashioned, Perfoct Service Weight and Chiffons.
They're the perfect answer to "what to give mother."
Phoenix No-Mend and Van Raalte Standard Qualities.
Prices
79c $100. $135
Can Your Feet Go Places
Comfortably? Yes, in
SPRING
ENNA JETTICKS
$500
and
$1300
livery new pattern In put thruunh a real walking test before
It Is allowed tn hear the Knnn Jet tick name. That plus the
fact that eiery Knna Jettlrk Is built to ftt accurately accounts
fur their world-ulrle reputation for comfort, A nhoe which
fits must be comfortable.
1 l
T T r
k2
M. M. DEPARTMENT STORE
Medford's Popular Store
Since 1894
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