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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 29, 1955)
MEDFORD (OREGON) MAIL TRIBUXS MTffW Extraordinary Growth, Advances Seen During Next 10 Years Friday, July 29. 1953 Nation Billy Graham Find 'Excellent' Spiritual Welfare Among US Troops At Overseas Bases rditor' Note: Evanglit Billv Gra ham ail for homr toniKht on the liner I nited Stain after a five-montn tour of Europe durini which he prearhed to 4.000,000 people, not counting Ui-nt who have listened to him on radio and television He also toured Amerirn muuy " ' G-rmanv and France. In the folio m - rfUntfrK Written TOI ni'ed Pre. he tells how he found V. S. troops in fcurope. By BILLY GRAHAM Written for United Prtsi Copyright 1955 by United Prew Paris U.R The moral ana ypiritual welfare of our men in the armed forces is now at an all time high. I have reached that conclus ion after a tour of our bases in Europe. I do not mean that every sol dier" and airman has suddenly become religious. ' I do not mean that we do not have plenty of moral problems . . . but in comparison to the "old days," it is as different as night and day. In fact. I would say that the average teen-age soldier or air man stationed here in Europe has a better opportunity for be ing disciplined and for growing jpiritually than he would if he were at home. Top Brass Helpful Lefs look at the facts. Never in American history has the top brass been so interested in the spiritual and morai well being cf our men. Most of the commanding offi cers whom I have met, from the very top right on down, are do ing everything possible to pro vide the very best religious op portunities for their command. The Chaplains Corps for the Cool and Refreshing Pear Bowl SALADS Delicious Spiced Rogue River Pears AN APPETIZING TREAT The CLOCK 301 EAST MAIN 50c up first time now has top priority on almost every base. The chap lains who a few years ago often had to fight with the command ing officer to get chapel space and to have religious services, are now overwhelmed at the personal interest of the generals and the colonels. Gen. Anthony McAuIiffe. com manding general of the U. S. Army in Europe, and Gen. Wil liam Tunner, commanding gen eral of the U.S. Air Force in Europe, are not only interested in the spiritual and moral pro grams for their men, but-are actually pushing the programs, and taking the lead themselves. Spiritual Retreat More officers are setting an example by attending religious services; as one chaplain pi4 it, "the President is certainly set ting a terrific pace, and his in fluence is definitely being felt." The. armed forces in Europe have built a magnificent spirit ual retreat at Berchtesgaden where hundreds of men and their families can go for a time of physical and spiritual re freshing. In a real sense the cross has replaced the swastika at Hitler's old mountain fortress. I traveled all over Germany with Col. Edwin L. Kirtley, the American Army's senior chap lain in Europe. On many bases Sunday school and church attendance is much higher per capita than in most cities at home. However, unfortunately, the picture is not all rosy. Every day our commanders and chap lains have to deal with ugly moral problems. Gives High Praise That sort of thing goes on ev erv week, but it is definitely at a minimum. Ail oi me com manding officers agree that tne disciplinary problems are less itnan even three years asjo I Many people ask what effect our service men are having on the public relations with the countries in which they are sta tioned. The answer is excellent. During the past few weeks I have travelled with our men have slept with them, eaten with them, and preached to them, and I am convinced that our men in Europe are better commanded, tetter behaved, more religious pnd better ambassadors for Am erica than any military force we ever sent abroad. I am proud of them, and you should be too! New York Slock Exchange President Gives Viewpoint Kditnr's Note: What is the economic on; look lor tlie I nited Stau-s now that a ppriod of peace seems more certain? Hill the current prosperity hold up "r is a slump likely? The United Press asked the ''resident of the New York Stock Kxrhange lor his viewpoint. Telephone Equipment Destroyed by Flames Newell, Calif. Fire of undt termined origin last night de stroyed an estimated $10,000 to $12,000 worth of telephone equipment owned by the California-Oregon Telephone com pany, a subsidiary of the Colum bia Utilities company. In Medford, D. O. Hood, presi dent of the Columbia firm, said the remarkable thing about the fire was that it was all in old equipment, still in service, but which was to be supplanted by new equipment next week. Because most of the new equipment was ready, he said, it was possible to switch over to its use and telephone service was not interrupted. If it had not been for this "lucky break," he said, there probably would have been a week's delay in re suming service. The loss was covered by in surance, Hood said. DR. CORNELL SABO ANNOUNCES His Return from -Military Service and the RE-OPENING OF HIS OFFICE for the practice of DENTISTRY 305 Medical Center Bldg. Phone 3-3934 No Projected Chans Seen by Communis Legionnaires Told Redmond (U.R) Legionnaires from Oregon were told by their national commander yesterday that new Soviet soft talk "might signify a change in tactics but not a change in long-range Com munist strategy which seeks to impose Communism on the en tire world." Seaborn P. Collins of Las Cru ces, N.M., addressing the State American Legion convention, said the Legion approves United States participation in the four power conference. But he said it hoped Americans would not become so anxious for a cold war settlement as to be willing to sacrifice any military, economic, or psychological advantage they might now have. Officers Elected Joseph DeBoest of Portland was elected yesterday afternoon to succeed F. F. Gerber of Tilla mook as grand chef de gare of the Oregon 40 et 8. Other officers included Claude Martin, Salem, grand chef de train; John An drews, Portland, grand commis sare intendante; Tommy Rams dall, Beaverton, grand conduct- eur: Harvey wiins, Astoria, grande garde de la porte; Ellis F. von Eschen, Salem, sous grande garde de la porte; Harry Van, Klamath Falls, commis voyageur, and Harvey Swan, Portland, cheminot nationale al ternate. Toledo Woman Named - The 8 and 40, honor society of the auxiliary, named Mrs.-Frank Updike, Toledo, as president. Other officers were Mrs. Earl Anderson, Salem, first vice presi dent: Mrs. Gail Jones, Albany, second vice-president; Mrs. Ed ward Lewis, Toledo, secretary: Mrs. William Graham, Corvallis, treasurer; Mrs. William Robins. Junction city, parliamentarian; Mrs. Herman Edwards. Portland. Hat Eox editor; Mrs. John Dev ereaux, Bandon, historian; Mrs. Harold J. Larsen. Portland, chap lain, and Mrs. Betty Moore, Rose burg, sergeant at arms. Sobs Plymyths By August 31st O Highest Trade-In Allowance O Long Terms That Fit 2 ft" ... . ,vx Get to Dock Knight Co. 33 So. Riverside Medford Phone 2-5203 Cars Damaged in Two Accidents Two one-car accidents were re ported by state police this morn ing. Vehicles in both mishaps were badly damaged, but injuries were minor. At 9:06 p.m. Thursday, a coupe driven by Leroy Warren Wal land, route 2, box 405, Medford, swerved from Highway 99 into the driveway of the Starlight theater, skidded and rolled over, officers said. Walland told offi cers he was forced from the high way when another car pulled in front of him. Walland was cited for viola tion of the basic rule, and driver of the other car, Russell James, Williams, was cited for failure to signal, officers said. The other accident was report ed near the Rogue River junction on Highway 99 this morning, when a sedan driven by Royal J. Clare, Portland, skidded side ways on the road, left the high way, struck a tree throwing the driver from the car, and wound up in a blackberry patch, the in vestigating officer reported. Clare told the officer he may have blacked out due to lack of sleep. He sustained cuts and bruises when thrown from the car, but declined medical assistance. By KEITH FUNSTON Written for the United Press I believe that the next decade in the United States will be one of extraordinary growth, stimu lated by revolutionary technolo gical advances and the demands of1 a fast-expanding population. The Stock Exchange estimates that a staggering S375. 000,000, 000 will be needed by U.S. cor porations to reach the economic levels projected for 1965. The money will come in part from re tained earnings, in part from debt financing and in part in large part, I hope from new equity capital. For this growth to proceed on a sound basis, we figure that in the decade between now and 1965 as much as S80. 000,000.000 in new equity sccuri ties must be offered to the invest ing public, individuals and insti tutions. New Money Needed This is, I must admit, an am bitious goal but the facts of our economic life fully justify it. The three - to - one debt - equity which has prevailed in the post World War II period cannot be continued in the future or oui corporations will reach a point at which they will be literally suffocated with debt. No. we must create new capi talists in the years ahead, draw on the funds of millions of peo ple who are financially qualified to own their share of American business. It is with .eyes firmly fixed on the future needs of in dustry that the Stock Exchange has embarked on an educational c a m'p a i g n to encourage the growth of direct ownership of industry on the soundest basis possible. At the same time we have told people that buying stock in our leading corpora tions may offer the opportunity of sharing "in the growth of our industrial resources. We have stressed that there is an element of risk in the owner ship of any kind of property such as common stocks and that stock ownership should be con sidered only by financially quali fied men and women those who have a life insurance policy, a steady income, and a savings ac count or U.S. government bonds as a cushion for financial emer gencies. We have warned against the evils of tips and rumors, the need to get competent advice from a reputable broker, such as a member firm of the New York Stock Exchange. Stockholders Increasing I am encouraged to believe that we are meeting with success although we recognize that any educational program by its very nature must be measured in terms of years. In the last three years, though, the stockholding population has increased by an estimated $1,000,000 to a total of S7,500,000. And our most re cent studies indicate that: 1. The small investor is inter ested mainly in long-term in vestment. He is not out to make a fast dollar by buying today and selling tomorrow. When he buys, it is with the intention of holding his stock six months or longer. 2. A majority of the small in vestor transactions are for cash. He is using margin that is, cred it only to a limited degree. I feel sure this sound approach to investment will continue. But we cannot afford to relax for a moment our vigilance or our ef forts to tell Americans every where the whole story of invest ment. If anything, we must in crease our efforts. - 1 Buy At Builders Supply QUALITY BLOCKS Bricks. Flues Drain Tile kit W. McAndrews Phone 2-4107 s Store Wide f7W XX IK AkMMMiW- I 8 Girls: CM Sole! Children's SUMMER CLOTHING STARTS SATURDAY Drastic Reductions . . . UP TO f (ml J& Vj Store 33 4ft Opens 9:30 INCLUDES: Skirts Dresses Shorts Pedal pushers Sun dresses Swim suits Blouses Spring Suits Tee shirts Swim Suits Shorts Pants Overalls Shirts Many items suitable for fall and school wear! Come in! Cash in on these Bargains and Save! Needle Craft Stamped Goods Children's Wear Curb, Gutter, Paving Construction Starts Construction of curbs and gut ters on Jackson st. between Lindley ave. and Berkely Way began yesterday morning, ac cording to Vernon Thorpe, city public works director. J. C. Comptom company, con tractors, was awarded the curb, gutter and paving contract. Compton is also doing construc tion and paving work on Hamil ton st. between 13th st. and 106 feet south of 11th st., and Park ave. between Catherine st. and Stewart ave., Thorpe said. The contract calls for two inches of asphaltic concrete, curbs and gutters. These were included in a lump sum bid of S42.054.75, Thorpe said. Dead line Sunday Classified is at noon Saturday; 10 a.m. Mondav for Monday: other flays 5:30 previous day. AIRY FREEZE Shakes 20c Hamburgers . 19c Hot Dogs ... 19c AIRY FREEZE 900 No. Riverside 17 iniiyjiyj HHrtf CITY I I? JULY I li . 30th yi Served I l All Day I 1 Phone 3-1011 I 211 East Main St. It's KAN a is P applmuice COME IN - WATCH US BARBECUE A BEEF ROAST In Our... DOUBLE -OVEN O SANDWICHES O COFFEE Campfire Style COME IN - Have Fun With Us To and From the Rogue River Round-Up cow APPLIANCE, ICiG. 127 North Central Phone 3-5306 VISIT OUR USED APPLIANCE DEPT.. ' 1 Hotpoint Changes Your View Point ... Automatically Remember .... We Will Not Be OUT - TRADED!