Babson on Steel Seizure
By ROGER BABSON
Washington, D. C. (Special to
The Mail Tribune) Of all the
dangerous and unforgivable
things which
President Tru
man has done,
the seizure of
the steel plants
is the most hor
rible. I am not now
discussing the
wage question
involved.
Doubtless,
tMff.BllM
some raise in wages was justi
fied; and if only a moderate in
crease, there need be no in
crease in steel prices. This would
have been better for all includ
ing labor in the end.
Under the above conditions,
labor would get less "take-home"
v pay than they would get with the
full increase; but what they
would take home under the steel
industry's offer would buy more.
The action of the Stabilization
Board and the President will set
off another general price In
crease. Every reader of this col
umn will suffer. It is too bad.
The Great Crime:
Without New Process
The great crime was to seize
" the plants without due process
of law, or without awarding fair
damages, or without treating all
plants alike. We are used to hav
ing the President seize our boys
and send them to Korea; but this
f under a fair draft law to which
all boys are equally subject. We
know that our property is liable
to seizure for payment of taxes,
but all citizens (not having mink
coats to give) are treated alike.
The President can take our
home by eminent domain for a
public highway or other neces
sary needs; but only after a fair
hearing, proper time to vacate,
collecting full damages all be
ing siwect to Court injunction.
The reason why the railroads
. The first
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.-even kitchens
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Hundreds of dollars lower than
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With its amazing economy of up
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low as $949 a week!
Little more than $1 a day low
as $9.49 a week - if your
trade-in car is an average
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See your KaiserFrazer
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STEVENS KAISER-FRAZER, Snc. central at jackson - phoni z uss
were seized last year without a
row is because the railroad laws
provide for such a remedy. No
such provision exists for seiz
ing steel plants, or shoe factories,
or newspapers, except in case of
war declared by Congress. We
are now in- no such war. This
means President Truman's seiz
ure was premeditated robbery,
done to pay a cheap political
debt. I repeat it was a crime,
especially when he would not
at least try the Taft-Hartley
Law.
What This Means
To All of Us
In short, this "Hitler-Peron"
act by . our President means
trampling on the fundamental
principle of our Constitution. The
American Revolution was fought
to protect the sacredness of life
and property. The fact that the
Free Nations enjoy such protec
tion today is their main differ
ence from the Communistic Na
tions. Surely, President Truman
acted on some very bad and un
constitutional advice. It is a
shame that he will go down in
history as making this colossal
mistage.
I need not describe the harm
which this seizure does to our
prime investments. It can under
mine the security of all good
stocks and bonds. If the seizure
is upheld by the courts, it could
cause the best stocks to go into
a nose dive from which all in
vestors, savings bank depositors
and holders of life Insurance poli
cies could suffer.
Think of Danger
Of Newspaper Seizure
Another thought: Think of the
danger of letting the President
seize a newspaper which he
would like to suppress! He could
do this as well as seize a steel
plant. He would only need to
stir up the employees to demand
an impossible wage increase, and
then "in the emergency" seize
and edit that newspaper! It is
IT'S HERE!
M
fl
11
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Tkt Htnry I rgS4 DtLmm $1494
Th Bur, I braar OtUaa $1594
I ML
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1,1111
MAN THF. LIFEBOATS! One of the many motorists stalled on
flooded streets in Dallas, Tex., Ed Gerber carries his wife from
their bogged-down auto to higher ground. More than 1.6S Inches
of rain pelted the Dallas area, snarling traffic, disrupting telephone
service and causing minor water damage.
New Electric Co-op
To Meet Saturday
A meeting of Incorporators
and potential members of the
recently formed Twin Counties
Electrical Cooperative will be
held in the office of Attorney
George Rode, Leverette build
ing, at 8 p.m. Saturday, it was
announced today by George Lof
tin, Sams Valley, temporary
chairman of the organization.
Frederick Miller, field repre
sentative of the Rural Electrifi
cation Administration, who has
assisted the cooperative through
its initial phases, will attend the
meeting.
To be considered will be plans
for a series of mass meetings to
be held in the two counties soon,
proposed bylaws, election of of
ficers, forms for applications for
membership, easement consider
ations, membership certificates,
cooperative seal, insurance, di
rectors' oaths, and the area to be
contained in the cooperative.
DISCRIMINATION BARRED
Jacksonville, Fla. (U.R) For
tune tellers still can read a palm
here despite a move to take away
their licenses. A bill to outlaw
fortune telling was killed after it
was argued that the proposal was
aimed at Gypsies and that others
would be discriminated against.
horrible to contemplate. But la
bor ultimately suffers from this
frightful precedent. Unless the
courts throw out this steel seiz
ure, it surely someday will be
used against Labor itself. "It is
a poor rule that will not work
both ways."
Last week I was quite hope
ful as to the summer and fall
outlook. Due to Mr. Truman's
retirement, I felt that the clouds
were breaking. Since then, how
ever, a thunder storm has arisen!
Whatever happens to the steel
case, I am now more convinced
than ever that when the next
big unemployment depression
comes, it will be brought on by
labor leaders.
TJ-BHW
it's engineered to save you many
you save up tos5 0 on service ! I
Your Henry J is designed with
fewer, less expensive parts for
quick and low-cost service!
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P.S. Ho need to buy Meat
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. . U !
ill 'J t, .
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WNwj-k . ,iJ
County Chairman
Reports Defense
Bond Sales Do Well
Sales defense bonds, national
ly and state-wide, are doing very
well, according to Morris B.
Leonard Sr., county chairman,
who released sales figures for
the first three months of the
year.
"During the first quarter of
1952," Leonard stated, "nation
wide purchases of E defense
bonds totaled $936 million. This
is an Increase of 4V4 per cent
over purchases during the cor
responding period,, last year.
State-wide purchases so far this
year have surpassed $5V mil
lion, while purchase of B bonds
within the county amounted to
$153,657, sixth in the state.
"Redemptions of unmatured E
bonds throughout the country,"
Leonard pointed out, "are 29 per
cent less than last year. For the
first time during any three
month period since 1950, pur
chases have exceeded redemp
tions by a substantial sum. The
most encouraging aspect of the
entire bond picture, however, Is
the fact that only 21 per cent of
matured E bonds have been pre
sented for payment. The balance
is being held under the liberal
extended maturity plan recently
announced by the Treasury."
Under this plan the Treasury
Department continued to pay
2V4 per cent interest yearly on
matured bonds for 7V4 years,
wtih higher rates after that
period. No action on the part of
owners of matured B bonds is
necessary to take advantage of
this plan.
R.R. ENGINES BOOST SCRAP
Cleveland, O. (U.R) The Erie
Railroad will scrap 58 more
steam locomotives during 1952.
They will produce about 17,400
tons of scrap, -which in turn will
result in the production of 69,
000 tons of finished steel.
hundreds of dollars more!
to'60
you save up
on fees I
Federal, slate and local taxes,
plus interest charges and
insurance costs, play a big part
in the price of every new car
the first year but you'll find'
there' far less to pay the
Henry J way! Another good
reason why 80,000 new Henry J
owners are mighty satisfied 1
. . " . .-V . . " '
i, -
tit I'.iM'
20 Per Cent of State
Draftable Men on Duty
Seattle U.R) Enlistments j
and the draft have put 20 per j
cent on Washington state's serv
ice eligible manpower in uni-j
form, Capt. Chester J .Chastek, I
state selective service director, j
said Thursday.
Chastek said about 15 per
cent of the available men regis
tered in the state have been
drafted. Five per cent have en
listed. Most requests for deferment
come from agricultural areas,
although graduate engineers are
$2.69 to $2.98
POLAROID
Sun Glasses
Men's, Women's
Children's
With Carrying Case
49c
PREVENT - CURE
POISON OAK
Rhus Toxicodendron
22S Pellets 49
CUTTERS
Poisonok $1.50
"BROEMMELL"
Poison Oak Extract
$1.71
Iry Dry 59
Caladryl 67
Calacream 59
NORWICH
Zemacol 59
Poison Ivy Lotion .69
TAN EARLY
SAFELY
Tartan 39c -79c
Gaby 47c - 89c
Skol 25c - 49c - 79c
JAN SUN LOTION
29c - 59c , - 90c
JAN SUN OIL
25c - 49c - 79e
FOR SUN ALLERGY
Skolex Cream 49c
FOR
FOOT COMFORT
Mennen Quinsana 49c
Blue Jay
Corn Plasters 29c
Sta-Off
Corn Remover 50c
Cooling Soothing
Ice-Mint 49c
GREAT CHRISTOPHER
Callous & Corn Kit 60c
Dr. Sertoli's
Zino Pads 39c
Air Pillo Insoles
Pair 59c
REPEL INSECTS
Skat 39c
6-12 49c
Nyal 43c
Pestmaster 59c
Norwich 59c
Citronella 39c
SPECIAL
JITTERBUG 25c -43c
Relieve
Asthma & Hay Fever
Anahist ... 55c - 99e - $1.98
Anahist Atomizer 98c
Tabein 43e - 73c
1.25 Mendaco $1.12
Estivin $109
Asthmador Powder 53c
ASTHMA-NEFRIN
Nebulizer Set $15.00
Solution A .. $1.50 to $5.00
Episcorb Set $10.00
WHITE CROSS
Cotton, 2 oz 24c
Tape, '2"xl0 yd 25c
ADHESIVE BANDAGES
36's 25c 73's 45e
ADD FEDERAL EXCISE
prescription)!
l SPECIALISTS. y
, Friday, April 25, 1952
Election Notices Torn by Vandals
Notices of the May 16 primary
election which have been posted
more likely to receive favorable
consideration, he said.
"A man deferred now Is lia
ble for military service until he
is 35," Chastek said, adding "if
the registrant was deferred in
the belief he would escape mili
tary service cvonteally, he is
mistaken."
$2.00
LUSTRE
CREME
SHAMPOO
10 oz.
$1.59
TUSSY CREAM DEODORANT
A- Instantly stops perspiration odor
-V Checks perspiration moisture
big 31 jar... -ypw
now only TOfyr
- plus tax
Tussy cosmetic Cream Deodorant
protects your daintiness from breakfast
to bedtime. Instantly slops perspiration
odor, clieck8 perspiration moisture.
' Safe for normal skin. ..filmiest
fabrics. Stays creamy-soft
down to the bottom of the
limited time only
EVENING IN PARIS SPECIALS
$1.50 Scented Satchel
Cologne - Cologne Stick - Perfume
All for $1.00
$1.00 Cologne, 50c Cologne Stick. .Both for $1.00
SCHICK
rk.bAM$Q95
- luxury Shaver Jf
This brond.iww Schick Colonel kal NJW Hl.Valochy flngli-liMct vtrllon
wny ftaturn ol th. OrMt Schick of Nw Schick "20'i" fomoul comb-
"20" dgM-for llM, comfort.., themn
NEW doltrous et.ilgn g.tl Into NEW raal rotary motor, AC-DC-wptr.
thow hard-to.Mnto pious paww for d.on.r ihavn falter
LESS $5.00 TRADE-IN
ON YOUR OLD ELECTRIC RAZOR
TAX ON TAXABLE MERCHANDISE
Medford's Original Price CuttersYN. central
O A DIAL
In public places throughout the
county are being torn down or
defaced, according to County
Clerk George R. Carter who
warned today that such acts of
vandalism are punishable by
fine and or imprisonment. .
The placards are posted in
compliance with state law, Car
ter explained, and the law is also
explicit as to the punishment
which shall be meted anyone
mm TMssmni
-AT-
WESTERN THRIFT
5"i
jar.
NO-RISK GIFT
FOR ANY MAN!
Let him use it 10 days...
and love it...
or get your money bacfcl
COLONEL
In handsome, saddle
ntitched Caddie Case
FREE
MEDFORD (OREGON) MAIL TRIBUNE FIVE
NO HELP NEEDED
Athens, O. (U.R) Police sped to
a store and spotted a man sprawl
ed on the floor, the telephone at
his side and the receiver off the
hook. The apparent murder case
vanished when the "victim" stir
red as officers entered. The re
port said the night watchman
had imbibed too much and fell
over, knocking the telephone
from the stand.
willfully defacing or removing
them.
Htm I
iiuiched will
Jers lotiM
JERGENS
LOTION-MILD SOAP
4 Bars 19c
$1.00
TANGEE
BATH POWDER
49c
$1.00
DOROTHY PERKINS
LIQlID CREME
SHAMPOO
50c
$1.00
WOODBURY
HAND CREAM
50c
$1.35 Value
KING'S MEN
85c Shampoo
50c Hair Dress
Both 85c
LANOLIN PLUS
FOR THE HAIR
$1.00
94c Value
DIAL SHAMPOO
2 BARS DIAL
DEODORANT SOAP
67c
Eft?
NATURAL
VITAMIN A
25,000 Units $1.79
50,000 Units $2.95
100,000 Units $4.95
VITA HEALTH
11 Vitamin
11 Minerals
130 Day Supply .. $6.49
GERITOL
12 oi ..$2.98
24 oi ...$4.98
40 Tablets $2.98
DELIVERY IN MEDFORD
30
OPEN WEEK DAYS 9 A.M. TO 7 P.M.
(WEDNESDAY UNTIL 9)
PRICES FOR ONE WEEK