MrarORD (OREGON) MAIL TRIBUNE
Tuesday, April 19, 1955
e . - - -
DESTROYS BUSINESS DISTRICT A raging fire, whipped by winds, virtually de
stroyed the business district of this small town before scores of firemen managed to
bring it under control. The leaping flames destroyed an estimated nineteen buildings
in a two-block area. No injuries were reported.
Disappointed Banker Heads
Formidable Rival Company
San Francisco (U.R) The man
who was disappointed in his
dream of heading the Bank of
America has created a formid
able rival of banking within a
few months.
Frank L. Belgrano Jr.f dyn
amic, tireless president and
board chairman of vast Trans
america corporation, directs a
Black Market in
Vaccine Reported
Detroit (U.R) A black mar
ket in Salk vaccine is in opera
tion in Detroit, reliable sources
said today.
The sources, who asked that
their names be withheld because
they would be "caught in the
middle" if they were revealed,
said anyone with the right "con
nection" could obtain at least a
three shot supply of the vaccine
"for a price."
One source said the black mar
ket Included distributors for
pharmaceutical firms who pro
duced the vaccine. He said the
distributors "palmed off" slower
moving items along with the vac
cine. The informant said the distrib
utors made the purchase of the
less desirable products a condi
tion of the availability of the
vaccine.
Producers of the vaccine said
they "doubted" that a black
market could exist because sup
plies to commercial channels
were too small but the sources
said a number of shipments have
been received by drug stores.
"There are barrels of it now
available and in three weeks it
will be running out of our ears,'
one source said.
Damages Sought
For Confinement
Bend (U.R) One of the
largest damage actions ever
brought in Deschutes county was
filed in local Circuit Court yes
terday by George Hamilton Gib
son. Named as defendants in the ac
tion for damages totaling $405,
000 were Dr. Max W. Heming
way, Dr. Richard C. Robinson,
County Judge C. L. Allen, City
Youth Counselor George J. Turn
er and Dr. Donald Wair of the
Eastern Oregon hospital at Pen
dleton. Gibson charges the defendants
conspired to have him forcibly
removed from Bend and commit
ted to the Pendleton hospital in
August, 1952. He further charges
he was committed to the mental
hospital without a hearing "of
any sort" and was held without
"due process of law."
Gibson also charges that the
defendants filed with the county
court "false affidavits" regard
ing his committal and "a false
report of an examination alleg
ing the plaintiff was insane."
The complaint states that Gib
son was forcibly handcuffed and
bodily carried from his home and
confined at the Pendleton hos
pital for 90 days.
VFW Commander Urges
Stand Against Commies
St. Helens flJ.R) Merton B
Tice, national commander of the
Veterans of Foreign Wars, urged
Americans last night to take a
stand against Communism
through positive action and
spoke against the negative
"againstism" philosophy in this
country.
Tice said the only way to meet
Communism is on its own
grounds.
"Show them through practi
cal Americanism the superior
philosophy," he said. "They can't
stand comparison,"
fledgling banking empire that
already has total assets of $800,
000,000, one-tenth that of Bank
of America.
Ironically. Belgrano built the
new state-wide banking system,
known as First Western Bank &
Trust Co.. on the solid financial
structure of Transamerica, brain
child of A. P. Giannini and once
controlling-interest holder in
came oi America.
It was less than two years ago
in March. 1953 that the Fed
eral Reserve Board climaxed five
years of anti-trust suits against
Transamerica bv ordering it to
sea many of its banking inter
ests. .
Three months later Belwano
was in the driver's seat at Trans-
america's unDretentious offices
at 4 Columbus avenue, and the
holding company was on its wav
to acquiring its. present total of
03 banks throughout the state.
When the deliberate-sDeakins
Belgrano, a former national com
mander of the American. Leffion.
returned to San Francisco and
infused new life into Trarisi
america, it was no shqck to the
city's business and financial
circles. The alert, dapper man
nad been doing big jobs well
tor years.
Born May 18." 1895. In San
Francisco, Belgrano was called a
born banker" bv his mother
early in life. He spurned his
parents' offer to send him to col
lege, saying he preferred to
work.
He also refused the offer of a
job by his father, president of
the Banco Popolare Fugazi on
North Beach, and instead went to
work enveloping circulars for
the Bank of California.
He later moved to the First
National Bank of San Francisco
before enlisting in the Army as a
private in 1917. He rose to ser
geant before being commissioned
lieutenant and was assigned to
the 33rd Field Artillery.
After his release from the
service, he took a position in the
Fugazi bank and started simul
taneous marches up the ladder of
business success and the hier
archy of the American Legion.
His only hobby was the Legion;
he devoted all his time to it, he
once said.
As national commander in
1934, Belgrano spearheaded the
drive for veterans' bonus legis
lation. His economically persuas
ive arguments with President
Roosevelt on the issue were cred
ited with pushing through bonus
provisions affecting a million
and a half veterans of World
War I.
. He served as a Bank of Amer
ica vice-president and president
of the Central Bank of Oakland
(one of the key banks in the new
chain) before going to Portland,
Ore., in 1947 to spur the growth
of the First National Bank of
Portland.
Then last July, in a series of
adroit maneuvers, he merged
the Transamerica - controlled
Central Bank of Oakland with
the San Francisco Bank. Later
the San Francisco Bank, too,
came under Transamerica. The
merged banks' name was
changed to First Western Bank
and Trust Co., and a series of
mergers joined them with smal
ler Transamerica - controlled
banks throughout the state.
What's more, on Montgomery
Street they're saying this is just
the beginning.
Base
Ohio Town Center
For Specialty
Advertising
Coshocton, O. (U.R) If
there's an advertising calendar,
ashtray, blotter , or any other
useful item with a company
name on it in the house, the
chances are good that it came
from here.
This is the nation's center for
advertising give - aways, or
"specialty advertising," as it' is
called in the ..trade. , Eight com
panies actually do their manu
facturing here, while at least
three others have representa
tives stationed here.
The -most obvious item is the
calendar, ranging from . the na
ture and pin-up girl types to expensive-looking
little leather
desk holders. r y "
Advertising give-aways are 68
years old. The original item was
a canvas school bag with an ad
printed on the side. Similar
bags can still be seen in some
places.
Jasper F. Meek,-editor and
publisher of the weekly Coshoc
ton Age, is usually credited with
starting things off. :t
Schoolboy Helps
He bought the Age from
Joseph Medill, who went to Chi
cago and there founded the Trib
une. Like most small-town
printers, Meek also did job work
but in that community there was
little to be done.
One day he saw a schoolboy
drop his books on the ground.
He helped pick them up, and
with them picked up the idea of
a bag a bag with the name of
a store on it.
A shoe dealer bought his idea
radical for the time and or
dered some bags. Other mer
chants did the same for horse
blankets the kind used to keep
off summer flies.
The idea took off fast from
there. By the beginning of the
century, Coshocton was already
known in advertising circles. To
day it is a major business. The
idea is that a person with a use
ful item will have the advertise
ment constantly before him. He
is also likely to feel some grati
tude to the company for giving
it to him for nothing.
Besides comparatively cheap
items, such as blotters and cal
endars, Coshocton firms turn
out "class" advertising items
such as leather 'billfolds and
desk sets, barometers, clocks and
even cigaret lighters.
Mount Angel Abbot
Injured by Employee
Portland (U.R) Right Rev.
Thomas Meier, abbot of Mount
Angel abbey, was hospitalized
here yesterday after suffering
a head injury police said was
incurred when he was struck by
a partime lay employee.
Police in Salem had under
arrest Constantine Paulus, who
had been employed at the abbey
as a butcher. They said Father
Meier was struck after remon
strating Paulus for killing a dog
of which the abbot was fond.
Hospital attendants said the
injury was not serious.
Daily's U-Drive
Medford Airport
Coed Dies on
Yosemite Hike
Yosemite National Park, Calif.
(U.R) A 19-year-old Stanford
University coed died of exhaus
tion and exposure yesterday dur
ing a mountain climbing expe
dition with twp companions.
The girl, Anne R. Pottinger,
daughter of Marine Col. William
K. Pottinger, Cherry Point, N.C.,
died while she and another young
woman huddled on a ledge under
an overhanging rock while their
male companion went to get help
from forest rangers.
Park authorities said Miss Pot
tinger, Irene A. Beardsley, 19,
another Stanford student, and
Jack Weicker, San Francisco, set
out Sunday to scale the park's
famed cathedral spires.
Late in the afternoon, he said,
Miss. Pottinger complained of
being exhausted, so he left the
two young women on a ledge
and hurried back to the valley
for help, arriving there about 11
p.m.
Weicker and a party of Park
Rangers arrived back at the
ledge at about 1 a.m. yesterday
only to find that the girl had
died shortly before their arrival.
Physcians said the young girl
student apparently died of
shock brought on by exhaustion
and exposure.
Miss Beardsley was unharmed
by the experience.
Some automotive air condi
tioning systems are no larger
than a football, yet they can pro
duce cool air equaj to that of 24
household refrigerators.
Dead line Sunday Classified is at
noon Saturday; 1 a. m. Monday for
Monday; other days 5:30 previous day.
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1
$3 ' I Great Britain consumes 17 per
and Sweden in turn is Britain's
foremost export market.
NINE POUNDS of pearls cached in ancient jug are being in
spected by Dr. Joseph M. Cruxent, director, Natural Sciences
Museum, Caracas, Venezuela, who found them in ruins of Nueva
Cadiz, destroyed In 1534 by hurricane. (International)
French Airliner
20 Hours Overdue
Douala, French West Africa
(U.R) A four-engine French air
liner with 12 persons aboard was
almost 20 hours overdue and was
feared t o have gone down at sea
today.
The plane disappeared last
night and six search planes were
dispatched to look for it. They
were unsuccessful, but officials
here refused to give up hope
that the missing craft would be
found.
The plane carried 10 passen
gers and two crew members.
SOC Students Plan
Visit to Legislature
Ashland Political science
students of Southern Oregon
college, and their professor, Dr.
Marshall Woodell, will visit the
Oregon state legislature on April
21 and 22.
On Thursday the students will
attend committee meetings in the
evening. On Friday they will at
tend house and senate sessions.
The purpose of the visit, Dr.
Woodell said, is to observe first
hand the legislative, process.
Some 20 or 25 persons will be
traveling in the group.
The TJ. S. consumes about 8,
000,000 tons of sugar annually.
Of all the crop production in
the United States about one
eighth depends either entirely or
in part on irrigation.
Formosa is only 90 miles dis
tant from the China mainland.
DONALD W. RUBLE
Maico-Trained
Hearing Aid Technician
MEET THE MAN WHO CAN
HELP YOU
HEAR
SEE HIM AT THE
JACKSON
HOTEL
MEDFORD, OREGON
10 A.M.-5:30 P.M.
THURSDAY, APRIL 21
BETTER HEARING
for those who are only just a little hard-of-hearing as well
as those who are most severely handicapped.
May be worn under the hair eliminating any cord on neck
or body or as ar tie-pin.
mm
Hearing Service
415 S.W.Broadway CA 5454
"Next to Liberty Theatre"
Portland, Oregon
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I42S