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
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applmuice
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BARBECUE A BEEF ROAST In Our...
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From the Rogue River Round-Up
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APPLIANCE, ICiG.
127 North Central Phone 3-5306
VISIT OUR USED APPLIANCE DEPT.. '
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