rOOR MEDfORD MAIL THIBUNB Thursday, P-
paiir i"p aaturdar
Publlihed by
MZPTORD PKIWTlKO CO.
IT M North Fir ft i?i,Ul
ROBERT W. RUHL, Idltor
RNIST R. GIL TRAP. Manner
KERB GRKY, AdrerttJlnf M;
C C TRGUSON, Mene1n dllo
ARTHUR PERRY. Sunday Miwr
MRS. OLIVE STARCHER. 8oc. Wltot
GERALD LATHAM. ClrculeUoil Mr.
Aa Independent Newapepee
En tared ae iecond alaae matter at
Medford. Oraton, under Act of
March S lin
iUBSCRIPTION RATS
Br Mill In Advance:
Dally and Sunday ona yw....T.M
Deny end Sundiy el monlhi 4.00
Dally end Sunday three mo.. 1.10
Dally and Sunday one month .
y Carrier In Advance Medford.
Aihland. Central Point, tab
villa. Gold Hill. PhoonlM. Talent,
and on motor routes:
Delly end Sunday one ymr.-M JO
Dally and Sunday ona month .To
All tarma caah In advanca.
Official Paper o( Uia City at Medford
OfflcUl Paper ol JackaomCoonly
United Praia Full I.eeaea Wlia
MEMBER OF AUDIT nUHEAU
Of CIRCULATIONS
AdverUslns RepraiontaUve
WXST.HOLLIDAY COMPANY, WC.
Offlcea Is New York, Chicago, De
troit, San rranclaeo, Loa Anffalaa,
Saattla. Portland, St. Louli, Atlanta,
Vancouver, o
XeW
0icoN$(Ort
P D 1 1 S M t R -MsTcH T I N
Ye Smudge Pot
Br Arthur Parry
The rush by the fair iex dur
lri( the Christmas buying season
for nylon stockings, they were
promised last July, but couldn't
get In December, "left the ma
jority empty handed," dispatch
states, and, one might add, still
bare-legged.
a a a
The esteemed Salem States
man, editorially discussing the
recent report of a grand Jury on
law enforcement, therein and
thereabouts, calls on the sitter
city of Klamath Falls to grow
up. It Is further charged the
municipality is "posing as a re
lic of the West." The rest of the
state, as the fancy writers say,
waits with bated breath for the
reverberating repercussions.
. The concluding paragraph of
the article runs:
"It would seem that the time
has come for Klamath Falls
and the other cities with a
wild west complex to mature.
The law should not run out
south of Bend and east of
. Ashland, nor east of Heppner,
nor west of Clatskanle. The
Klamath grand Jury Instead
of patting the enforcement of
ficials mildly on the back and
then slapping them briskly In
the face should grow up, too;
and recognize that its com
munity deserves to live with
in the orbit of decency estab
lished by the laws of the
state."
This is premeditated ruffling
of the clvlo dignity of the sister
city and the civic fur will fly,
no end, no doubt.
a a a
Grandmaw, 87, swatted a fly
yes. She does not know
whether It was the last one of
1843, or the first ona of 1048.
a a a
"Every occupant of the wreck
ed auto were ttghtren and unin
jured." (S.F. Chronicle.)
Many a truth spoken In error,
a a a
The housing situation Is de
plorable all over the land, and,
when the stranded Pacific war
veterans in west coast ports get
home, there are no homes for
them. There is a silver lining,
however. When the weather
warms up In the spring, they
can dig a cozy fox-hole in the
City park.
a a a
JOURNALISTIC CUTENESS
(Astoria Astorlnn-Biiriget)
"You noticed, no doubt, that
yarn In the public print the
other day about the low-down
diaper thief up Seattle way
and how the newspaper cap
tion writers were pleased to
title the story 'New bottom
renched.'" (Harold Haynes
writings).
a a a
The Germans, tough, rugged
guvs, when slapping weaker and
unprepared lands around, and
having their way in Europe,
don't like reaping the whirl
wind they sowed, and are now
trying to bawl on the shoulder
of the world they ferociously
tried to conquer. They want
nothing better than a chance to
fatten up at Uncle Sam's expense
and try it again. Hitler boasted
the rest of the world could
starve, but no German would,
and, how they 'heiled' that
craek. It's their turn to heir
hunger and they don't like It.
a a a
Horticulturists of the valley
will start off the New Year with
an old and favorite fret missing.
They won't have spent the first
three months worrying about
lack of snow in the hills next
April for Irrigation water next
August.
Cash receipts by California
farmers from the sale of milk
and cream exceeded $221,000
000 during 1
New Form of Revolution
Rebuilds French Economy
By Louis T. Keemle
United Press Stsff Correspondent
A new form of revolution is going on In France.
It has nothing to do with street barricades or the guillotine.
The men at the helm of the fourth republic, however, are Just as
determined as the founders of the first republic to build a new
France, one which will stand on its own feet and become again
leading member in the family of nations.
This revolution Is not political or military, but economic. It
Includes a three-year recovery program which might be compared
in Intent to the successful five-year plans of Russia, or the Roose
velt New Deal after the 1920 smash-up In the United States.
BRAIN TRUST TO DIRECT NEW PLAN
The French plan will be directed by a "brain trust" of cabinet
ministers, technicians and scientists. At Its head will be Jean
Monnet, who recently led an economic mission to the United
States. Indicating its far-reaching character, one member will be
Frederic Joliot-Curie, French expert on atomic research.
The objects of the recovery commission will be three-fold:
1. To modernize French Industry and bring it more in line with
the productive capacity of the United States, Britain and Russia.
2. To mechanize French agriculture, cutting down the necessity
for food Imports.
3. To develop a balance between Imports and exports, now
sadly out of line to the detriment of the French living standard.
AMERICAN DOLLAR ECONOMY BASIS
The French are working on the theory that International
economy is now based on the American dollar, and that the lianc
must be given a sound value in relation to the dollar if France
is to share in world trade. Rene Plevln, minister of finance,
pointed out to the constituent assembly last night that France has
to have dollar credits to regain her former place as a world power.
As an Immediate step, the assembly ratified unanimously the
Bretton Woods monetary and economic agreement, devised as the
foundation of post-war stability among nations. The assembly also
approved the economic agreement with the United States under
wliich France will get an advance of $550,000,000 through the Ex
portation bank.
The necessity for this credit was emphasized by Plevln when
he told the assembly that France had spent $620,000,000 on im
ports since the liberation last May, imposing a serious drain on
French economy.
Just previously to the assembly's action, President Charles De
Gaulle decreed the devaluation of the franc, dropping it from the
false value of two cents per franc to .84 cents.
Devaluation is intended to equalize buying power inside France,
knock the props from under the black market and stimulate ex
ports. When the franc was pegged artificially at 50 to the dollar,
France had little chance of doing profitable business abroad.
In summary, France Is out to pull herself up partly by her
own bootstraps and partly with the aid and cooperation of outside
nations.
On The Side By e. v. Duriing
(Distributed bj King Features Syndicate, Inc.)
ilM,l,H,IMI,inMtll,lt,m
A Tlrrei. robbed ar youni, a
lloneii,
Or any Interaatint baait of pray,
Ara ilmlllis at hand for tha dli
trail
Of ladlai who cannot haya thilr
own wiy.
Byron.
What Is the safest part of a
train? That is, where ar your
chances beat of escaping Injury
In case of an accident. It Is said
In major train disasters 35 per
cent of the Injured have been
in the front cars, 40 per cent In
tha rear and 23 per cent In the
middle. So next time you take
a train ride try to get a place
in the middle.
Song Conttst
The management of the Ham
mersmith Palais De Danse, Lon
don's world famous dance hall,
recently held a 2000 pound
($8000) prize contest for the best
dance tun written by amateurs.
Six songs reached the finals
with titles as follows: "Christ-
mss Together," "Cruising Down
the River," "Our First Waltz,"
"Though You're In Love With
Somebody Else," "Down Beat
Boogie," and "The Sonorlta
Didn't Mind." Th winner was
"Cruising Down the River" writ
ten by two elderly spinsters who
never danced In their lives. Per
haps this tune will reach the
United States. I hope so. Would
like to hear it.I would also like
to hear that one titled "The
Sonorlta Didn't Mind." Sounds as
if it might be a snappy number.
PUas Note
Insofar as beauty and charm
Is concerned It Is my opinion
that a woman is at her best be
tween the ages of 30 and 35.
Discussing this matter Isolene
Thompson says: "A woman Is at
the full bloom of her beauty at
28 years of age. She may have
had lovely features, a perfect
figure, marvelous clothes sense
before that but she usually hasn't
lived enough, felt enough, suf
fered enough to have much depth
of feeling in her face."
Sidelights
One of England's early strikes
was when the men building the
Nelson column in Trafalgar
Square walked off the Job. In
1871 during the occupation of
Paris by the Prussian army the
city's ladies of the evening
went on strike . . . Over 2.000.
000 copies of John McCormk-k's
record of "Mother Mal'hree"
have been sold so far. . . It was
Richard Zlegler who observed
Mot women think of the world
as their stage, and the rest of
humnuit.v as Interested critics of
their appearance."
Asking
Queries from eilents: Q. Ever
play handball? A. Certainly. It
is one of the best of all indoor
games. Hut I still say no man
of over 40 years of age should
play It. Too hard on the heart
If played rightly. Q. In what
play of Shakespeare is the line
"A female sloven is an odious
sight"? A. That's not In Shake
speare. Is by Edward Young who
wrote:
Woman wire made ta (la aur
erei delliht
A female iloten tl aa odloul itcht.
Pasting By
Jlmmle Gleason, veteran co
median. A native of New York
city. He was born on Avenue A
and at the age of 14 held the
amateur paperweight boxing
l,,M,t,
HMIHIIII HII.HtltMM
championship of the Gashouse
district. In his private life Jim
my Is now a very scholarly fel
low. After several years of study
he has completely mastered the
Gaelic language. . . Eva Brlgitta
Hart wig Balchinc, Ballerina.
Professionally known as Zorlna.
Said to be the possessor of the
most nearly perfect foot In the
U. S. A. I had the measurements
of Zorlna's remarkable tootsies
but I lost them. However, I will
get them again and quote same
in an early Issue.
In the Army
According to the constitution
of the United States all citizens
charges with a criminal offense
are presumed innocent until
proven guilty. However, in mili
tary arrests a man is considered
guilty until proven innocent.
Therefore, when a soldier Is ar
rested he is handled as a guilty
man would be. Because of this
curious situation many an In
nocent soldier has received a
very rough deal. Something
should be done about this. Ask
your congressman about it. By
the way, can you answer the
following query as quick as half
a flash: What is your congress
man's name?
Bait Of All
So you claim to be a young
old timer? Do you remember D.
W. Griffith's film "Intolerance?"
In the opinion of some discern
In a critics this ia th r,,i,Mi
film yet produced. For example.
oariui uraverman recently said:
"Through thn vpnrs thai mrnnrL.
able structure of D. W. Griffith's
intolerance' has continued to
make even the best of films seem
elementary." I agree with Mr.
Braverman. To my mind Grif
fith is the only producer or di
rector In the, hUtnrv nf ih fil.
Industry who iustlv dr-servoa In !
be called a genius.
If no Presidential candidate)
receives a majority of votes in I
the Electoral College, the House j
or Representatives ballots on
the two highest candidates.
Daily Weather Report
ronKCASTS
Medford and vu-mllv: Continued
cluudy with occasional rain tontKhl .
and rrtriav. utile chensa In tempera-
tvire. 1
Oreron: Intermittent rain tonight 1
and Friday. Snow In mountain. Little I
t'hanre in temperature. Strong south
erly Hindi Oil COMIt
LOCAL DATA
Temperature a ear affo todav:
Highest M. loweit J
lotal monthly precipitation 1 Srt
inches.
lvitctency for the month 91 Inchei
Total precipitation since September
1. ISM.V S t4 Inches.
Fxcr!.s tor tha srason 1 ?S Inchei.
Kelame humidity at 4 JO p. m. yea
lerday yl; 4.10 today 100'w.
Tomorrow
Sunrise 7 3a a m. Sunset 4 11 p m
Obtenatlom Taken At 4 Je A. M.,
l.'t Meridian Time:
High l ow Pre
Houe
Boelon
rrm-MRO
Itenver
Kureka
Havre ...
Klamath rails
I oa Anaelee ...
:i
.OS
:tri
VI
0?
M
1 72
3
.1!
1
J
.48
31
S
OS
Medford
New York
Omaha ,
Phoentx
Portland
Reno ...
Kosehurf ..... ...
Salt lake
San Francisco
Seattle
Spokane
Washington. D C. .
eauna
.. 34
Babson Assays 1946 Business Outlook;
Strikes, Foreign Trouble To Increase
BY ROGER W. BABSON
1. The great event of 1948
was the ending of World War
II. A great event of 1946 will be
the start at harnessing atomic
energy to bring about a new In
dustrial era.
GENERAL BUSINESS
2. A year ago the United States
Babsonchart Index of the Phy
sical Volume of Business finally
registered 143. Today it Is esti
mated at 128 Justifying my fore
cast of a year ago. The Canadian
Babsonchart Index of the Physi
cal Volume of Business finally
registered 205 a year ago; today
it is estimated at 196. 1946 will
show a further over-all decline
in both United States and Cana
dian business. Furthermore, most
of the following comments apply
to both countries.
3. The reconversion of Indus
try from war to peace business
will Increase during much of
1946. However, time required
for reconversion will not be as
great as most people believe.
4. Inventories, quoted both at
their price values and their vol
umes, will increase during 1946.
Both raw material piles and
manufactured goods will be
larger.
COMMODITY PRICES
5. Some rationing may con
tinue through most of 1946; but
it will rapidly be eliminated.
Price restrictions will gradually
be lessened.
6. The retail prices of most
manufactured products will be
higher during 1948 than at pres
ent. The prices of some of the
food products may decline.
7. The unit sales of some de
partment stores will begin to de
cline some time during 1946; but
the sales of the food and variety
chains may continue at peak
figures.
8. The great question mark of
1946 will be how, to whom and
at what price the government
will dispose of its billions of dol
lars worth of unneeded supplies.
FARM OUTLOOK
0. Pending a weather upset
,more bushels of corn and wheat
and more bales of cotton will
be raised in 1946 than ever be
fore in our history. Although
some prices may slide off, the
total farm income for 1946
should hold up fairly well.
10. There should be an in
crease in certain fruits, fish pro
ducts and vegetables with a de
cline In prices. The U. S. will
have more to eat in 1946 than
in 1945, The per capita consump
tion should be 10 above the
prewar level of 1935-1939.
11. Dairy and poultry products
will continue to increase in vol
ume with no increase in price.
There will be a great surplus
of eggs; but fats, sugar and some
canned goods will continue
short,
12. Farmers will start in 1946
to work to extend legislation on
their parity program due to fear
of a postwar collapse in farm
prices.
TAXES
13. Taxes will not be increas
ed during 1946; and there may
be further reductions. Some
nuisance taxes will be eliminat
ed altogether.
14. The federal debt will con
tinue to Increase during 1946,
but I expect no war bond drives.
15. Whatever is done about
taxes, the cost of living will con
tinue to rise during 1946 due
largely to increased wages.
16. Providing jobs for return
ing soldiers at satisfactory wages
will be the big political tasji of
1946. There will be Jobs for all,
but not at the wages desired.
RETAIL SALES
17. The volume of retail sales
will be about th same as in
1943. Sales of ladles' apparel
and general luxuries will suffer,
but many items now unavailable
will be purchased.
18. The total dollar retail
sales should exceed 1943 with
an increased demand for woolen
and cotton textiles.
19. There will be a great de
mand for men's clothing and
especially for shirts with honest
standard length "tails ".
20. Wise shoppers will buy
only what they need and not
grab to stock up unnecessary
supplies.
FOREIGN TRADE
21. The United States will
own over 50 of the worlds
shipping in 1946.
22. We will make England and
some other countries loans pro
vided they will agree to spend
a fair proportion of the money
in the United States.
23. Both- the British Empire
and Russia will keenly compete
for foreign trade during 1946;
but cartels and government
monopolies will be frowned
upon.
24. Russia. Germany and Eng
land may try to "gang up"
anainst the United States but we
will fearlessly oppose such ac
tions if they occur.
LABOR
25. The little steel formula
will be forgotten during 1946
The car will be noted for
strikes and tabor troubles.
26. Industrial empl o y m e n t
during 1946 will be off both In
hours and in pay rolls, labor
leaders' efforts notwithstanding.
27. Many industries, now op
erating on a 48 hour week, will
return to a 40 or 45 hour week
dm ins l:M6.
1946 IN A
Bonds Steady
Building Increased
Commodity Prices Mlxev"
Cost of Living Higher
Total Business Lower
Inflation Evident
Farm Prices Uncertain
Politics President to take middle-of-the-road
28. Hourly wage rates will in
crease, but "take-home" income
will be less. Labor will demand
better management and closer
labor-management relations.
INFLATION
29. The inflation era which I
have been forecasting for several
years will be very evident in
1946. The purchasing power of
the dollar will continue to de
cline. 30. Both wage and price con
trols will gradually be removed
during 1946 until the govern
ment throws up its hands and
lets nature take its course.
31. Some time after 1946, pro
duction will catch up with con
sumption, people will have spent
their money and then there will
be a surplus of goods. By 1950
there may be much unemploy
ment. Then may come the sever
est inflation by congress attempt
ing to check the decline by
printing currency. But this is
something we need not worry
about for two or three years.
32. If Stalin's health continues
good, he will be the world's most
powerful man in 1946 and may
be a factor in determining world
prices as well as production. The
markets may even witness a
"communistic scare" during
1946; but they should recover
soon thereafter.
. STOCK MARKET
33. The rails will decline
some time during 1946. Certain
airplane manufacturing, ship
building and other war stocks
may decline; but the Dow-Jones
Industrial Averages will reach
higher figures some time dur
ing 1946 than at present.
34. The safest stocks to buy
considering value, income and
safety will continue to be the
merchandising stocks, especially
chain store stocks.
35. 1945 saw a large increase
In the demand for Inflation
stocks with a lesser demand for
non-inflation stocks; but 1946
should witness both groups mov
ing more or less together.
Switch has been over-done in
many cases.
36. Stock markets will con
tinue to witness creeping gener
al inflation, although the stock
market as a whole may appear
to have reached its peak before
December 31, 1946.
BONDS
37. Although bank loaning
rates should have an upward
tendency, interest rates In gen
eral will remain low through
1946. The money supply is now
25 above normal and govern
ment financing demands contin
ued low rates.
38. Anticipating the expected
decline in federal taxes, 1946
should see a falling off in the
price of most municipal and
probably other tax-exempt
bonds.
39. The high-grade corporation
bonds may hold steady but soon
er or later decline considerably.
Whether this will start in 1946
I do not know. Investors will
give more attention to diversifi
cation and staggering maturities
during 1946.
40. More public utilities will
be taken over by municipalities
and "authorities'' during 1946.
Wise investors will consider this
possibility when selecting public
utility bonds. Some stocks such
as "Eastern Utilities Associates
Convertible Shares," in which 1
am personally interested, should
be helped bv public ownership.
REAL ESTATE
41. Suburban real estate will
be In much greater demand with
higher prices during 1946.
42. City real estate should
hold its own, excepting in the
former congested war produc
tion areas where declines may
set in.
13. Small productive farms
will continue to increase in
price; but large commercial
farms may sell for less In 1946
than in 1945.
44. Building will show a con
siderable increase. Contracts will
be up with advancing prices due
to scarcity of lumber, cement,
bricks and labor.
45. Office and residential rents
during 1946 may be expected to
increase.
46. 1946 may see the begin
ning of a real building boom.
The pessimists will make little
monev in 1946.
POLITICS, POSTWAR PEACE
47. President Truman mas
lose control of congress, but he
QUOTATIONS
ANALYSIS
on Listed and
Unlisted Securities
Conrad Bruce & Co.
313 Fluhrer Bldg.
Phone 7471
NUTSHELL
Foreign Trader Competitive
Labor More Strikes
Real Estate Higher
Retail Sales Values Up
Reconversion Increased
Stocks Higher
Tsxai Lower .
will try to take a middle-of-the-road
position. I believe that all
wise Republicans and Democrats
should support his efforts.
48. Our foreign headaches will
become worse and more fre
quent during 1946. What we are
going through to reorganize Ger
many will be repeated in other
countries.
49. The Latin American honey
moon has passed its peak. The
attitude of Argentina will ex
tend to other countries. Our
South American troubles will in
crease during 1946.
50. 1946 will see more relig
ious interest, including more
church-going, than did 1945. Peo
ple gradually are realizing that
without a Spiritual Awakening
no peace or other plans will be
much good. Nations cannot be
depended upon to cooperate and
stick to their agreements unless
they recognize God as their real
ruler and guide.
SEEKS FUNDS FOR
NEW POST HOME
A committee has been ap
pointed by Medford Post No. I
1833, Veterans of Foreign Wars!
to raise funds for the renovation
and equipping of a building at
38-40 North Front streets which .
the post recently purchased for
the use of Jackson county vet
erans, it was announced today'
by V. B. Robb, 737 West Four-1
teenth street, post commander.
Anyone interested in making
contributions to the fund may
call Robb or R. E. Schultz, 654
South Holly street.
'This building is to be dedi
cated to those who have sacri
ficed their all and borne the
struggle and rigors of war so
that we might keep the freedoms
of which tve are justly proud,"
Commander Robb states. "Con
tributions are solicited to assist
the public spirited citizens who
have already pledged themselves!
to help the Veterans of Foreign
Wars, who are sponsoring this
most worthy community project. '
The support of each and every
citizen of Jackson county is :
needed to make this a fitting J
gift of appreciation to those;
veterans who have done so much '
for us all and who ask so little
in return for their services." j
Wyoming men won 666 cita
tions and awards In World War
II.
We Will Be Closed
CLOSED
Sunday, December 30
Monday, December 31
Tuesday, January 1
M. M. DEPT. STORE
rv
7:30 to
10:30
p.
SKATING PARTIES by
YICK SO CHINESE HERB CO.
I Removed to Sparta Bldg.
1 H. LEONG. Herbalist
Flight o Time
Medford and Jackson Co. His
tory from the files of th Mall
Tribune 10. 20 and 34 years
aqo.
TEN YEARS AGO
December 27, 193S
(It was Friday)
Ethiopia makes move for
peace with Italy through L of N.
Late Christmas buying rounds
out fine season.
Wood given local woman by
Red Cross is stolen.
Unsettled and colder. High 39,
low 29.
Pear shipments from valley to
date total 2,000 cars.
Medford five to play Butte
Falls In first basketball game.
TWENTY YEARS AGO
December 27, 1925
(It was Sunday)
Scores die from severe cold
in east.
Washington team departs for
Rose Bowl game against Ala
bama. Three auto accidents on Jack-
ELP!
If you need help with I
shimmying, bucking car,
bring it in! We have a
first class repair depart
ment to fix up all kinds
of car trouble.
OPEN
7 a.m. to 10 p.m.
Cars Lubricated Up to
10 at Night
SUNDAY HOURS
8 a.m. to 6 p.m.
Listen to "Cactus Mac and
His Songs of the West,"
KMED Tuesday and Thurs
day, 8:15 to 8:30 p. m.
LEWIS'
Super Service
8th & Front Phone 2119
Ur's Go
ROLLER SKATING
MEDFORD ARMORY
WED., FRI., SAT. and SUN NIGHTS
SPECIAL ARRANGEMENT
REMEDIES FOR STOMACH ULCERS
Heart. Rheumatism. Asthma Catarrh.
Piles Prostata Gland Ecsema and all dis
orders ot Liver. Kidney Trouble and
)ther complaints disappear altar using.
CHINESE HERBS
Phone 5817
sonvflle highway blamed on fog
and cold.
Cloudy. High 34, low 28.
Fruit growers league gives
banquet and gold watch to
Claude C. Cate, departing county
agent.
Ashland normal school to
open next May.
THIRTY-FOUR YEARS AGO
December 27, 1911
(It was Wednesday)
Sen. LaFollette opens cam
paign for presidency in Ohio.
War between Germany and
England held more than possi
bility. Congress to create bureau of
national parks at early date.
Crater lake will benefit.
Beef trust organization details
revealed to people.
Humphrey Motors
Used Car Exchange
33 S. Riverside Ave.
ENDS SAT!
Gallofike,,
with WILLIAM BOYD vil
i- 'r'"ii'i iffl
and
COMING
SUNDAY
"The
HIDDEN
EYE"
with
EDWARD ARNOLD
FRANCES RAFFERTY
and
A StKPING SCINOM 01 SCItiMM
COMING
. ! '.".l.se.ie.ai.n n t mm