Babson . . . Investors
Babion Park, Mass. Special
to Mall Tribune) I have al
wa" encouraged the sale In
vestment of money through buy
stocks in well-known, stan
dard, dividend-paying companies.
Plus diversification amongst
large number of companies. That
is why I have favored the In-
In Jhe Day's News
By FRANK JENKINS
In his letter that was discus-
ed in this space yesterday,
Richard Neuberger seeks to con
vey the impression without
saying so in so many words
that his attitude toward the bill
to prevent theft of Southern Ore
. gon's water was friendly and
helpful.
He would have us believe that
his fight against the bill on the
floor of the Oregon Senate back
in 1951 was designed merely to
give time to study the bill more
carefully so that possible con
stitutional detects might be cor
.rected. , '.
J ET'S examine the sequence of
'-'"events.'';
The bill passed the house prac
tically without opposition and
came to the Senate. It was re
ferred to the Senate committee
on:.j agriculture. Senator Neu
berger was a member of the
committee. The majority report
of Hhe committee recommended
that the bUl DO PASS.
The minority report recom
mended that it DO NOT PASS.
The1 minority report was signed
by '-Senator Neuberger. : When
the 'bill came to the floor of the
Senate, Neuberger moved that
the- minority report be substi
tuted for the majority report.
His motion was supported by
seven Democratic senators who
argued that the bill (HB 661)
was illegal and unconstitutional.
They declared that THE FED
ERAL GOVERNMENT HAS
JURISDICTION OVER ALL
NAVIGABLE STREAMS AND
THAT ANY STREAM IS CON
SIDERED NAVIGABLE A S
LONG AS IT CAN FLOAT A
LOG.
THAT is to say: . .
.The federal government
owns the water and can do with
it as it pleases. If it wants to
take, water from thinly settled
areas and give it to thickly popu
lated areas it can do so.
That is orthodox New Deal,
Big -overnment - Can - Do-Any-thing
doctrine. That doctrine
was back of the huge plan that
proposed diversion of waters of
the Klamath, the Rogue and the
Umpqua rivers to Southern Cali
fornia. It was to prevent such a di
version that we were asking the
Oregon legislature to pass House
Bill 661. We were fighting for
our lives, for without adequate
water Southern Oregon's future
would be drab and hopeless indeed.
IT was in this debate on the
floor of the Oregon Senate
that Neuberger, as quoted in
news dispatches from Salem on
that day made his fantastic state
ment (fantastic when coming
from an Oregon state senator)
that: '
"OREGON WATER SHOULD
BE SENT TO CALIFORNIA TO
INCREASE THAT STATE'S
POPULATION AND THUS
CREATE A BIGGER MARKET
FOR OREGON PRODUCTS."
iN-his fight on the floor of , the
of the Oregon Senate to sub
stitute his minority DO NOT
PASS report for the Senate ag
riculture committee's majority
report that HB 661 DO PASS,
was Neuberger REALLY being
friendly and helpful toward this
bill whose purpose was to pre
vent, if possible, the theft of
Southern Oregon's water?
Or was he expressing his basic
New Deal, Big-Government-Can-,
Do-Anything belief that if neces
sary (politically or otherwise)
Southern Oregon's water can
AND SHOULD be taken away
and given to heavily populated
Southern California? .' .
PERSONALLY, I find it Im
possible to believe that he
was being friendly and helpful
to Southern Oregon.
I think that in the case of
House Bill 661, as in so many
ethers, Neuberger is just being
loose end liberal with words and
careless with facts.
Mtm W, BrtMi
Vestment 'Trusts and Mutual
Funds for those with only a little
money. These should give safety
and security.
The nation as a whole, how
ever, may. get top-heavy with
"safe investments." - Too many
, people ' c a n-
not live on the
dividends of
old - estab
lished corpo
rations. Some
people- must
be willing to
take safe risks
by putting
some money
Into new 1 enterprises.
. ," During the
past few weeks I have been
studying the industrial history of
New England. Conservative "In
vestors' did not build the cotton
factories, . the paper mills, the
woolen plants of New England.
These were built by men willing
to take risks. The sailing ships
which set forth from Boston,
Portsmouth, Gloucester, Salem,
and New Bedford to all parts of
the world without charts or
steam and even before the
days of lighthouses were
built by "speculators," , not by
"investors."
The Securities and Exchange
Commission has done a good
thing for conservative investors
and the big, established com
panies, but whether the Commis
sion has done well for the nation
as a whole is debatable. America
today needs more speculators.
Tax Law Changes
Assist To Business
It is said that the Democrats
inaugurated most of the new tax
law changes to help the sick and
aged. The Republicans, however,
are responsible for the features
of the 1954 Tax Law which en
courage invention, industry, and
young concerns. During the
Roosevelt Administration, busi
ness was treated with a certain
disdain. The New Deal politicians
and professors, who had had no
experience with business, wrote
the laws.
Such legislation . has helped
the unfortunate who were un
able to work, but it has dis
couraged the formation of new
companies to provide future em
ployment. It has- been very dif
ficult for young men to get ine
capital or to save enough from
earnings to start a new business.
It has been like trying to run a
church without a Sunday School
or have a family without rais
ing children. The new 1951 Tax
Law makes it easier for any
young man of good character to
start a new business, it also en
courages older investors to take
some risks by starting new enter
prises, prospecting for uranium
and other rare metals, and pro
viding future employment for
the next generation. .
Most Big Men Don't
Come From Big Cities
Mrs. Babson and I have found'
ed three successful colleges
Babson Institute for men at Bab
son Park, Mass., Webber College
for women at Babson Park, Fla.,
and a third college in the center
of the Unted States,- at Eureka,
Kan. this third school is intend
ed to help worthy young people
with vision do new things which
their parents or friends may
think impossible.
As I meet the men who are
doing big things today, I find
that as a rule they did not
come for big cities. Most of them
were brought up on farms. Their
college was the wood box and
the corn field. They were ob
liged to fight severe heat in sum
mer and cold in winter. They
thought that life consisted of
taking risks with horses, cattle,
and storms. Steam heat, air con
ditioning, and flossy colleges
may make good investors, but
these modern luxuries do not
teach men to take risks. A great
er willingness to risk is the need
of America today.
Young people who are. born I
without luxury or without
money and who are struggling
for an education should remem
ber this: You have as much time
as anyone in the world. No Pres
ident, Prime. Minister, Profes
sor, or Captain of Industry has
more time than you have.
I forecast that some day every
reader will realize that time is
worth more than money. My
appeal this week is that you use
a fair proportion of your time
in taking risks for the good of
the nation. .
Is That So?
A qulzzaclous quizzical quiz.
Score 12 and you're an expert;
B is goo. fair. .:
1. Match up the appropriate
group word pod, pride, bevy,
swarm, flock, gaggle with
these: sheep, geese, whales, girls,
bees, lions.
2. Can some birds learn to
speak more fluently when their
tongue is split?
3. ' From where do we get the
expression "swan song?"
4. Is it true that a fresh-water
fish does not drink while a salt
water fish drinks huge quanti
ties of water?
5. Is the redwood' tree the
longest of all plant growths?
6. If a bird's digestive fluids
are Strong enough to dissolve
bones, could a seed possibly sur
vive and when voided germi
nate? "
.7. Is a bird color-blind?
8. Co albinos occur among
most animal groups? If so is it
inherited? .
9. Does the young of the ele
phant suckle through the trunk?
10. Do animals' eyes shine in
the dark when there is no arti
ficial light? .
11. How does the spider keep
a victim alive though paralyzed
for months on ena?
12.- Is dust necessary for rain,
, 13. Do all mammals, includ
ine the. whale, have hair?
14. Which of these mammals
can produce the most litters per
year: mole,, rabbit, rat, mouse,
guinea pig?
15. Give at least three com
mon names for the male, female
and young of the horse.
Words Matched
Answerst' 1. It's a pod of
whales, a pride of lions, a bevy
of girls, a swarm of bees, a flock
of sheep, a gaggle of geese. Don't
ask me why. :
2. To slit a bird's tongue Is a
cruel, ridiculous, senseles prac
tice. The mutilation makes it lm
possible for the bird to make
his own note and some misguided
persons Think that this is an at
tempt at talking. :
3. Before the swan dies, it is
supposed to sing a final strange
and beautiful song. From this ex
pression comes, "swan song"
a persons last performance.
4. A fresh-water fish does not
drink water; a salt-water fish
drinks tremendous quantities of
it. It has to do with osmosis
the draining out .of the fish's
body Juices.
Longest of All Plants
5. The longest of all plants
is not the-redwood but the sea
weed called Nereocystis, whose
stalks may be over 600 feet long.
The tallest redwoods barely top
350 feet.
6. Although a bird's digestive
juices are strong enough to dis
solve bones, such seeds as straw
berry, grape, cactus, and cherry
pass through unharmed in
fact, germination is accelerated.
To escape grinding up by the giz
zard! many seeds are provided
with a smooth covering. Most
fruit seeds are distributed by
birds.
, 7. Many birds , distinguish
very clearly between colors.
Many fish share this same ability.
yty Eeeeae ferae
- RjngirMituriia
Mammals below : primates are
color blind. "
8. Yes, albinism occurs among
most and la inherited. Albinos
breed true. .
9. The elephant's young
suckles through the mouth and
for some time has a lot of dif
ficulty with 'its then-useless
trunk. After .weaning, it sucks
up water through the trunk and
sprays it into its throat.
Glow of Eyes . , : . ;
10. An animal's eyes ' glow
only when they reflect artificial
light.. -
11. Many . spiders- inject an
anaestehtic . fluid ?. into a foe
which keeps it alive lor months,
through paralyzed. Thus the
juices on which the spider feeds
are preserved.
12. Each raindrop must have
a speck of dust in the center.
Hence, without dust, no rain.
Without rain, no water. Without
water, no quizzee and quizzer,
meaning us.
13. All mammals have hair.
The whale has a few, perhaps a
dozen scattered scraggly -whiskers.
14. The meadow mouse can
produce 17 litters.
15. The names for the male
horse are: horse, stallion, stud,
stable horse, entire horse; for the
female,. dam, mare, nag; for the
young, foal, pony, colt, filly (f),
and stag (m).
(Copyright, 1954
by Eugene Burns) '
- (Released by McClure
1 Newspaper Syndicate) '.
- Free: By special arrangement
with the editors of the Encyclo
pedia Americana, my panel of
judges will award each week to
the reader who sends me the
best question on nature and
wildlife a complete 30-rolume
set of this world-famous refer
ence work in a handsome Seal
craft binding. Each week, new
questions will be - considered.
Considered. Sorry, I simply can't
answer your many - friendly
friendly letters. Please address
your questions tot IS THAT SOI
care Medford Mail Tribune, Box
575, Sausallto, Calif. -
GIN RULED INTOXICATING
Oklahoma City, Okla'. (U.R)
The1 Oklahoma Supreme Court
has . ruled that gin is intoxi
cating. The - decision cited a
Georgia Supreme Court opinion
holding that brandy, whiskey,
gin and rum are intoxicating
"simply because it is within the
common knowledge and ordinary
understanding that they are in
toxicating liquors."
Use Tribune Want Ads
HEARING AID AUTHORITY
TO HOLD FREE
CONSULTATIONS
SATURDAY
OCT. 30tb
JACKSON HOTEL, MEDFORD
1. 1 P.M. TO 8 P.M.
deaf?
let me show you bow.
Bedhme
may solve your
HEARING PROBLEM
WITH A DIMONSTRATION OP
IHTONI'i NiW All tHANtllTO
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HARTMAN, racoflfltotf taring
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BELTONE HEARING CENTER
HARRY L. MARX & ASSOCIATES
SENATE . SENIORITY
AND WHAT IT MEANS ...
Reed the words of the auihorliatWe Oregon Journal detailing In their news eolumnt the hear?
committee load carried by Senator Cordoni "No member of the Senate has done more effective work
than Oregon's senior senator. As able as he Is headline shy ... the incLlve keen-mined lawyer from
Roieburg has carried a load In the senate this year few men have been asked to bear ..."
Committee appointments are won only after long serrlce to the country. Senator Cordon has
reached an ideal position from which to serTe the best interests of Oregon. He holds posts of real
authority in commltlees which write legislation and provide money for Northwest multi-purpose pow
er projects, reclamation, and conservation of our natural resources.
Re-elect
GUY CORDON
U.S. SENATOR
Paid AJy. Cordon for U.S. Senator Commftt.. John Nfodormoyor, Chairman
Babs Huff on Denies
Plans for Divorce
Mexico City 4U.R) Barbara
Hutton denied last night she is
in Mexico to divorce Forfirlo
Rublrosa, her Dominican play
boy husband.
The Woolworth heiress ex
pressed surprise when told the
Latin Lothario, who cost her an
estimated one million dollars be
fore they separated after 73 days
of marriage, is due in Mexico
shortly to compete in . next
month's fifth Pan American high
way race. . . .
. "I have no news of Mr. Rubl
rosa," Miss Hutton said. "I've,
come to visit some friends and
take care of property I own in
Cuernavaca. I may build a home
there." ...
Friday,' October 21, I9S4
MEDFORD (OREGON) MAIL TRIBUNE FIVE
INJURIES FATAL
Portland U.R)-r- Susan May
Johnson, 6, Portland, died early
today from injuries suffered
Tuesday when she ran into the
side of a flatbed truck. It was
Portland's 30th traffic fatality of
19S4.
Vote for
PAUL
MEYERS
TO REPRESENT
WARD 4
Meym fo Council Commlttae,
Jim Dunl.vy, Chairman,.
Since 1877
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Sm. .... 11c ea.
Ctn. of 8 .. 85c
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Ctn. of 8. .1.09
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