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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 12, 1955)
rOTJRTEEM MEDFORD (OREGON) MAIL TRIBUNE Wednesday, October 12. 1955 Controls Needed to Maintain Economic Freedom Off Choice, Morse Says; Cites Boxcar Shortage Government controls are nec- essary to maintain "economic freedom of choice," without which there would 'be no politi cal freedom. United States Sen. Wayne Morse told Medford Ro tarians at yesterday's noon lun cheon. Senator Morse cited two ex amples where government con trols help maintain economic freedom of choice in southern Oregon, concerning the railroad boxcar shortage and the nation al forest and public timber lands. Shortage Not New The boxcar shortage, Senator Morse "said, is not new, and has been before the Interstate Com merce commission for about six years. He said he did not think the ICC has done what regulat ing it should. If economic free dom of choice is to be preserved, he said, government controls over railroads are necessary." He pointed out that Congress provided tax amortization on construction of new box cars. But as new cars were built, Sen ator Morse said, old ones were discarded. Unless there is an in . crease in production, he said, there is bound to be a shortage year after year. Another aspect of the shortage in Oregon, Senator Morse said, was lack of competition. He noted that in California and Washington theVe are compet ing railroads, and in Oregon, particularly in southwestern Oregon, there is a monopoly, which probably affects the num ber of boxcars. The ICC, he said, should enforce its regulatory measures governing such condi tions) Nd To Know Increase "We need to know the increas ed number of boxcars," he said, "not how many have been re placed." He said it is the duty of the government to apply regula tions to keep economic freedom of choice. Senator Morse noted a trend O toward monopolies, which has increased in the past few years, and said it is up to Congress to TV SEN. WAYNE MORSE Speaks for Roiarians ' revise regulations governing monopolies. He also stated he favors a small business admin istration. He said he planned to intro duce new access road legislation to provide better access to na- Hong Kong Official Visits Red China Hong Kong (U.R) Sir Alexan der Grantham, governor general of this British crown colony, re turned today from a "purely so cial" visit to Communist China. While in Peiping Grantham said Red Chinese Fremier Chou En-lai gave, a reception for him self his wife and British Charge d'Affaires Con O'Neill and his wife. -He said the only question of international importance Chou brought up was whether there had been any further progress in solving the sabotage crash of an Air India plane- carrying Communist officials to the Afro Asian Conference at Bandung, Indonesia. Listed Stocks Value Off $17,000,000,000 From September 26 New York (U.R) Wall Street experts today calculated that the valuation of all listed stocks on the New York Stock Exchange fell by $17,000,000,000 in the period from Sept. 26 to the lows Tuesday. .: That was only 9 per cent of the value of allshares at the end of August when the value was $197,994,193,374, but it was an amount lufficient to build a thru- way at a million dollars a mile two-thirds of the way around the world. Share valuation at the end of September stood at 5197,536, 241,956, a decline of $457,951,418 fctfor September which had exper . fenced a sharp rise to the 23rd and a sharp drop the following Monday on news of President Eisenhower's illness. The general average price of all stocks listed at the end of September was at $56.45 a share. against $56.72 at the end of August, a dip of only one-half of 1 per cent, according to the New York Stock Exchange's 'compila tion. The marke made its bull mar ket high on Sept. 23. Up to that date from June 13, 1949, when the bull market began, the in dustrial average rose 325.85 points or 202 per cent; railroad average, 123.25points or 300 per cent; utility average, 32.14 points or 96 per cent, and the 65 stocks used in all three averages, 115.76 points or 200 per cent. Industrial Average Down From Sept. 23 to the lows Tuesday, the industrial 'average declined 54.26 points or 11 per cent; rails 20.21 points or 12 per cent; utilities, 4.48 points or 7 per cent; and 65 stocks, 18.76 points or 11 per cent. The foregoing declines repre sented about .16 per cent of the prolonged rise in the bull mar ket over the near 6V2 years of its life the longest bull market in the history of the nation. tional forests and other public timber lands. Senator Morse noted that the Rogue River National forest and O and C lands provide multiple uses, but that areas in the Rogue River National forest have not "reached their full allowable cut and there is a real need for an inventory that is up to date so that the industry in this area can be sustained." Senator Morse noted that the Rogue River National forest has many million board feet of tim ber on it, based on "the anti quated inventories of the forest service." The areas, he said, must be managed on a businesslike basis if business is going to be kept healthy. "I would not want to see any sawmill close down simply because the federal ag encies are putting up their full allowable cut but did not know that the allowable cut could be increased 50 per -cent." He pointed out, however, that multiple uses of lands cannot be sacrificed for one particular in dustry. He noted that areas are valuable for water sheds and mining. He said revenue's from forest lands "now exceed the 'payment per acre that similar private land makes in taxes," Perfect Circle Plant Reopens as Guns Held Ready v New Castle, Ind (U.R) The violence-torn Perfect Circle Corp. foundry, girded by tanks and machine gun nests, reopened for production today. But the striking CIO United Auto Work ers vowed to continue their fight until it is won. About 110 supervisory and non-striking employes went back into the battered foundry exactly one week after nine persons were wounded, eight of them shot, in a shotgun battle at the plant. Guardsmen in Area A total of 1,000 National Guardsmen were in the New Cas tle area to enforce Gov. George N. Craig's order that the plant could resume production. The troopers, 600 of them in New Castle, were armed with the authority of full martial law in a two-county area including three cities, four strikebound Perfect Circle plants, and 50,000 persons. The guard's force was centered at "the New Castle foundry, where four Shermdh tanks and machine gun nests were spotted at startegic points. Five Pickets Planned The strikers planned to post only five pickets at the plant when it opened its doors today. But in a cheering, shouting meet ing Tuesday night, they resolved to continue the walkout no mat ter how long it takes or how much it costs. William Caldwell, UAW inter national representative, said the union won't settle until it gets, a union shop and 35 pickets who were fired last week are rehired. The UAW backs the strike "all the way" and is ready to spend "every dime" of $25,000,000 in strike money to win the fight, Caldwell said. - New "Living Lather" Shampoo 0 G Preens and Polishes Every Strand of Your Hair! ( M" Value for only ) 0 lil FASHION NOTE: Thrilling n.w u of a siKr ilrnk high ov.r a prttty tar. " ' 1 - Hard Water Shampoo It's Lanolin Plus Hard Water Shampoo thrilling suds-magic! "Living lather" is activated by patent-processed Lanolin Plus Liquid. Gives lively, penetrating lather that's not "passive" like other shampoos, but doubly effective! Both cleanses and condi tions with superabundance of vital "sterols" that keep hair soft . . . prevent drying. See your "Dream Hair" come true lovelier, livelier, springier, more obedient, more glimmering with shimmer ing highlights. And you can "style" it right away ! With limited, special offer you also get free, vanity-size bottle of Lanolw Plus For The Hair, wondrous conditioner for "between hampoo" beauty. Makes hair glamorous in second .' Act while you can get both these luxury-quality aids for $1 plus 1A fed. tsK. which are important to local gov ernment, schools and roads. Senator Morse pointed out that Public Law 167 would be help ful to the forest service and the bureau of land management in determining which mining claims are valid and which are not. He noted one problem in Rogue River National forest near Union Creek where some 56,000 acres are "plastered with mining claims." The Senator noted that "it is extremely important we do not discourage the legitimate miner, but those who file claims and disrupt timber users and recrea tionists should be discouraged by every possible proper meth od." Access Road Problem He noted there is an access road problem into forest service and O and C lands, and said it is the duty of the government to regulate access roads to pro vide access for small lumber op erators who bid on small tim ber tracts. , He said merchants in this area depend on the lumber industry i and "we must get the lumber j out of the national forest to the ! allowable cut." Senator Morse i said he was against "letting lum-! oer De bottled up, and govern- ; ment participation would pro-: tect the economic freedom of choice. WOODCHUCKS DRAFTED j Beaver Island, Mich (U.R) ; Conservation officials h a v e j transported 11 woodchucks to 1 this island park in hopes they will dig burrows for the rabbit population. They said the rab bits won't die their own homes and have not adjusted themselves to their surroundings in the two years they have been here. . TOO NEAR. PERHAPS Warren, R. I.J.R) The air raid siren in this little com munity was heard clearly in a half-dozen surrounding . com munities. But the residents of Warren couldn't hear it very well. OPEN TILL 9:00 P.M. TELEW MM Dirora BRAND NEW G-E TV-ALSO USED, RECONDITIONED, GUARANTEED TV Q No Money Down, Up to 2 Years to' Pay Ya..h RADAIkl CTHDC PHONE AT 303 SOUTH FRONT STREET A SERVICE OF HOME APPLIANCE COMPANY To Buy or Sell - Use Tribune Classified Ads LI L) ty Iruinn fr T5TP - Ml Lucerne "Bonus Quality" Milk costs you less than home-delivered ... and gives you more in quality. Here's the story: All milks sold in this area must come up to certain minimum standards set by the State. However, it's a well-known fact that individual brands of milk vary in quality. Lucerne, for ex ample, is an extra-rich milk 18 richer in butterfat content than the minimum requirement set by law. The fact is that Lucerne Milk meets highest standards for purity and flavor as well as for v butterfat. That's because, day after day, Lucerne goes all out for high-quality milk. First, Lucerne sponsors a program that' en courages farmers to produce better quality milk and pays them extra for it Regularly, Lucerne pays farmers a bonus for milk that meets Lucerne's own extra-high quality standards. The better the milk, the bigger bonus the farmer gets from Lucerne. These tonus payments make sure that Lucerne gets superior quality milk. That's the reason the Lucerne Milk you buy is Bonus Quality milk. But, y6u may ask, if Lucerne is "Bonus Quality" tchy doesn't it cost more? The answer is in the way Lucerne Milk is distrib uted a low-cost way that saves money. Lucerne Milk is sold only through stores the many Safe way stores in this area. Delivering several hundred quarts of milk to a Safeway store is far less costly than delivering milk to your doorstep one quart at a time. ' By saving on distribution costs, Lucerne is able to pay farmers more for milk . . . get better milk ... and sell you this "Bonus Quality" Milk at the same price as other milks. And at a worth while saving over the cost of home-delivered milk. Gives you more Costs you less 0 e
