Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (April 19, 1955)
Portugal Budget SKows Nation in Sound State Lisbon U.P.) The annual budgets of the Portuguese gov ernment over the past 25 years have gradually transformed this nation from a chronic bankrupt into a financially sound state. The 1955 budget is a good ex ample. It emphasizes defense and social welfare. But above all, it stresses the "prudent housekeeping" which has ear marked all national budgets here since the Salazar regime began a quarter of a century ago. "The current period of stabil ity (is) derived from the strength of the escudo and its purchas ing power," the annual budget message said. "The time of arbitrary public accounts has disappeared," said the daily O Seculo, referring to the chaotic government finances of a generation ago. "This year's budget is another stone in the edifice being constructed with steady energy and faith." No Big Changes Overall receipts for 1955 are budgeted at 7,335 million escu dos, with overall expenditures. at 7,330 million. Receipts are up 259 million and expenditures are (Vodka in orange juice) It leaves you breathless til e up 269 million over last year. (A U.S. dollar is about 29 escudos ) The new budget presents no great changes. Ordinary receipts will be up 274 million escudos over 1954, largely due to higher returns from existing revenue setups. Import duties will be up six per cent, export duties down 14. Portugal's manufacturing is still in its infancy. Traditionally, Portugal has imported more than she has exported. Ordinary expenditures will be up 'more than 400 million escu dos this year compared with 1954. A third of this is account ed for by higher wages and cost- of-living aids to civil servants, another third goes to the armed forces and still more goes to the interior ministry for social wpl fare. . ' Budgeted for Surplus The army and navy will get 1,144 million escudos this year, 88 million more than last year. within the framework of ordi nary expenditures. In additional extraordinary expenditures, the army and navy will get 198 mil lion more. The navy is getting the biggest chunk of the ordi nary expenses, followed by the army and the relatively new air force. The Portuguese mainland al ready produces some uranium, and there's reason to believe An gola, Portuguese West Africa, may one day supply uranium as well. Among 15 million escudos set aside for scholarships are funds for the "development of studies of nuclear energy." A new Nuclear Energy board will get 7.7 million escudos in the 1955 budget. As usual, the government has budgeted for a surplus over and above expense appropriations. mirnpfif tc anakst name vuuna 60proof.Madefroml00griinneutriIspiritI. See. Pierre Smirnoff FU. Inc.. Hartford. Conn. Dead line Sunday Classified la at noon Saturday: 10 a.m. Monday for Monday: other da vs 5:30 previous day. Subscribers To report improper or non-delivery of the Mail Tribune phone 2-6141 before 6:43 D.m daily and 10:30 a.m. Sunday. If regular delivery arrives short ly after you call please notify of fice thug eliminating apecial mes senger aervice. Guests Invited To Plant for Supper By Art Connoisseur Pittsburgh CU.PJ You accept Douglas Naylor's invitation to drop into his home for food, drink and stimulating talk at your own risk. . Naylor, whose repertorial beat for the Pittsburgh Press covers both city-county business and art galleries, has a hobby and you do the work. As a connoisseur of art, Nay lor appreciates not only the pol ished work of professionals but also the efforts of . tyros, espe cially of friends.' Those who ac cept his invitations soon find themselves in a back room, sup plied with the materials of art and under orders to paint what they see in the mirror them selves. The result of several years of this paint-for-your-supper prac tice was exhibited in the restaurant-gallery of the Pittsburgh Playhouse. The exhibition, call ed "As I See Me," demonstrates what can result from people looking themselves straight in the eye. One of Naylor s newspaper colleagues, noted for his gentle mien and placid aspect, was de picted as a coarse-featured, leer ing roughneck. This sort of phenomenon na turally leads both artists and observers to utter weighty words like "subconscious" and "wish- fulfillment." Mayor David L. Lawrence, for instance, fashioned a remarkable likeness of himself. The only de tail challenged was the hair Lawrence's is thinnning, but his portrait - self sports a nice growth. I guess, he said, uncon sciously I long for more hair Many of the "artists" dodg analysis by obviously over or under-playing themselves. Gen erally, the men acquire funny noses or some other such dis tortion, and even the most strik ing women do their best to de picting themselves as plain. It would appear that the Nay- lors get a lot of laughs at oth ers' expense without incurring any of their own, but one friend estimated that the Naylors have spent $1,000 or more inspiring the visitors with food and drink, m fa - jyFW A ...and carrots are just one . f V y7 J the inviting fresh fruits and vegetables ly featured this week in the fljj your money tack on any item liat doesn't please you Heiser Official To Be Questioned ' San Francisco (U.PJ Attor neys for the Securities and Ex change Commission planned to day to cross-examine the sen statistician for J. Henry Heiser & Co., a Portland, Ore., invest ment firm accused of violating securities laws. Yesterday the statistician, Joseph Rust, testified that a sur vey showed that 76.8 per cent of the firm's clients made at least a 9 per cent annual return on their investment. Rust said the statistical de partment under his supervision made a survey of 4065 of the total of 4566 accounts active with Heiser on Dec. 31, 1954. He said the survey showed that 3122 or 76.8 per cent made more than 9 per cent. . . . It also showed that 197 ac counts made 100 per cent or more during the life of the ac count, Rust said, and that the majority showed a return of 10 to 13 per cent annually. Two depositions were read into the record from satisfied customers who disagreed with earlier government witnesses, saying they were fully informed about the company's methods. TuMday, April It, 1ISS MEDFOXID (OREGON) MAIL TRXBUKS TXVE 1 Norblad Seeks Federal Funds for Astoria Bridge Washington (U.R) Rep. Wal ter Norblad (R-Ore.) moved today to make the proposed bridge across the Columbia river at As toria eligible for federal funds. Norblad urged the Bureau of Public Roads to include at least the northern end of federal high way 101 in the federal inter state highway system.. This would make Oregon eligible for federal help in construction of the new bridge. Norblad said "for fast, depend- able transportation in time of peace or war, a bridge at this point is essential both for the national defense and the domes tic economy. Mission San Juan Capistrano in Orange county was founded Nov. 1, 1776, by Father Junipero Serra, the seventh Franciscan mission in Upper California. CELL SEEKER This technician, typical of hundreds being trained under sponcorship of the American Cancer Society, looks for cancer cells on a microscope slide prepared from a uterine smear. Early cancer of the uterus or cervix can be detected by this method and may make It possible to cure as much as 70 per cent of all uterine cancers. This is one of the many ways contributions to ths 1955 American Cancer Society Crussde are used. CLOSING OUT SALE Complete GROCERY STOCK of RIVERSIDE MARKET 25 to 50 Discount! 315 NORTH RIVERSIDE AVENUE Everything Goes! Fixtures for Sale! Building for Rent! - HURRY! HURRY! THIS IS THE LAST WEEK , Driving a new Chevrolet can help you win one! 1 Enter Chevrolet's Big Miracle Mile Contest You can win a new Chevrolet plus a $1,000 U.S. Savings Bond What you learn on a . demonstration drive can help you win Here's the happiest invita tion a motorist everreceived. For not only are you being invited to drive the smooth- est, liveliest, loveliest car in the low-price field . . .' but you are also getting a chance to win a brand-new Chevro let, plus a $1,000 U.S. Sav ings Bond ! That's the story behind our Miracle Mile Contest It gives you a chance to see for yourself the wonderful ad vances built into the Moto- ramic models. And while you are testing, you'll be picking up a whole headful of infor mation that can help you be a winner. , The fact is, we've put so many advances in the 1955 Chevrolet that no one entry could cover them aU. But here are some things to look for particularly: ' Glide-Ride Front Suspension Here's the unique spherical joint suspension that is sheathed against grit and self-adjusting for wear ... so beautifully flexible it sops up even the tiniest road .ripples and pities over the big bumps. Anti-Dive Braking Control You'll learn that the Moto ramic Chevrolet doesn't dip sharply down in front when you jam the brakes on! Only Chevrolet has Anti-Dive Braking Control to give "heads-up" stops. High-level Ventilation Another Chevrolet exclusive in the low-price field, to draw in air above the level of road -dust and exhaust fumes, to turn wind gusts into a 'smooth air flow. "Horses" to Suit Your Needs . You'll want to explore Chev rolet's full range of engine choices, from the silk-lined cyclone of the new "Turbo- Fire V8" through the ultra efiiciency of the two "Blue Flame" 6's. And there's the "Super Turbo-Fire V8," too . . . 180 horsepower for really blazing performance. And Chevrolet is the only car in its field with a 12-volt elec trical system. So why don't you sample these pleasures yourself at the wheel of a 1955 Chevro let Enter our Big Miracle Mile Contest ... without cost or obligation . . . and you may win a 1955 Chevrolet of your own, with a $1,000 bond to sweeten the pot! motoramic DON'T BUY ANY V-8 UNTIL YOU'VE TRIED CHEVROLET'S RECORD-SLUSHING "TURBO-FIRE V-8!" Most Modern in Design - Lowest Pries llinth and Bartlett Streets fnrmTTTmm VL JAS AJ J LVLr J L J I J kJ J L WffidDILIE Phone 2-G115 Mord
