rotraTCTic MraroRD (oregonj mail tribune
Wednesday, Oetober 19, 1955
Disastrous
Floods May Prompt Some Form of Federal Insurance
Eastern
Q
1 xr.,r.i,l
Dear Cheryl, -.
-. What a thoughtful and sweet little girl
'you Are! I can't tell you how torched the
President wti when I read him your letter
d told him that you had cnt your very
own Bible to help him get better.
: - The President ha been feeling stronger
'' every day, so much o that 1 am confident
of hi speedy and complete recovery. So
I am returning your beloved Bible to you,
with the greatest appreciation from both
Of UaV
PRATING FOB PRESIDENT'S RECOVERY, Cheryl Gardiner, 7, Albany, N. Y., sends him
Bible which is returned with an appreciative letter from Mamie Eisenhower. (International)
Truman's Memoirs Says Byrnes
Assumed Too Much Initiative
Washington (U.R) Former such . unprecedented freedom of
President Truman, in' the third
installment of his memoirs, said
today that former Secretary of
State James F. Byrnes took it
upon himself to move the for
eign policy of the United States
in- a direction with which the
President could not agree.
; Byrnes, Mr. Truman said,
kept him "in the dark" about
the 1945 Moscow conference and
was, in effect, "assuming the re
sponsibilities of the President."
Byrnes attempted to negotiate
with the Russians on his own
initiative and came to think "his
judgment was better than the
President's," Mr. Truman said.'
The former secretary of state
said in Columbia, S.C., that he
would have no comment on the
former President's criticism at
this time. He said he may later
comment on the critical 1 days
about which Mr. Truman had
written and Byrnes' role as sec
retary. . ' ..- .-:'.-. ." : ;. .
Freedom of Action
In the latest installment of
his memoirs published in Life
Magazine, Mr. Truman discussed
details of the behind the scenes
clashes which led to the resigna
tion from his first cabinet of
Byrnes, Secretary of Commerce
Henry A. Wallace and Secretary
of Interior Harold Ickes.
The memoirs are also being
published in the New York
Times, and. in the St. Louis Post-Dispatch.
Mr. Truman 'said his troubles
with Byrnes stemmed from the
fact that President Roosevelt
had given the South Carolinian
action during the war years that
Byrnes came to "believe that he
could have a completely free
hand within his own sphere of
duty. In fact, he came to think
that his judgment was better
than the President's.
Wallace and Icke
"A secretary of state should
never have the illusion that he
is President of . the United
States," Mr. Truman added.
Plane Break-Up
Blamed for Crash
North Hollywood, Calif. flJ.R)
Millionaire Joel Thome's
plane may have disintegrated in
the air before it crashed into
an apartment house in a tragedy
that took his own and three oth
er lives,. ' Civil Aeronautics ad
ministration - investigators said
today. . , v . .-"
Thome's single-engined Beech-
craft Bonanza smashed into the
six-unit apartment building Mon
day night. The crash and explosion-fire
which followed killed
Thome, an 18-year-old bride of
two months and an eight-week-
old baby who had just been bap
tized. Seven persons attending a
christening party for the baby
were -injured critically. One of
the injured, seven-year-old John
Marchica died last night at North
Hollywood hospital.
The Minnesota Medical associ
ation says there are 800,000 deaf
people in the United States and
about one person in 10 gets hard
of hearing during his lifetime.
Mr. Truman eventually re
placed Byrnes with Gen. George
C. Marshall.
The former President's state
ments in his memoirs "about the
departure of Wallace and Ickes
from his cabinet contained little
that was not publicized at the
time.
Mr. Truman asked for Wal
lace's resignation on Sept. 20,
1946, after a series of differences
arising from Wallace's highly
publicized Sept. 16 speech in
Madison Square Garden in
which Wallace attacked the na
tion's foreign policy and urged
a softer policy toward the So
viets which he said he was doing
with President Truman's ap
proval. Mr. Truman accepted Ickes
resignation during the Senate
furor over his naming of Cal
ifornia oil man Ed Pauley as
undersecretary of the Navy in
January, 1946.
Gold Hill Couple
Involved in Mishap
Klamath Falls Mr. and Mrs.
Malcolm Caldwell, Gold Hill,
and their nephew, Earl Leroy
White, 9, escaped serious in
juries Sunday when their pickup
truck and house trailer over
turned in a ditch.
The accident happened on
on Highway 97 about 45 miles
north of Klamath Falls. Mrs.
Caldwell, 62, was treated for
minor injuries at Klamath Falls
hospital and released, according
to the Klamath Falls' Herald
and News. v.
In Medford Service Station History! g
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McLains, Crater Lake Motors and Bell Motors
President Assures
Governors That
Bills Considered
Washington U.R) New Eng
land's second disastrous flood in
three months is likely to spur
Congress to its first serious con
sideration of some form of fed
eral flood insurance.
President Eisenhower assured
New England governors by let
ter from Denver Tuseday that
the administration will make
specific legislative suggestions
next month.
The Senate Banking Commit
tee, with Sen. Herbert H. Leh
man (D-N.Y.) as acting chair
man, will begin a series of hear
ings on the problem here next
month, and later will move its
hearings to flood and hurricane
stricken Connecticut, New York,
Rhode Island and perhaps North
Carolina and Massachusetts.
To Submit Program
It is to these hearings that Mr.
Eisenhower said the administra
tion, which has been studying
the problem, will submit some
program for insuring citizens
against flood damage, a field sel
dom adequately covered by pri
vate insurance policies.
No legislation is now pending,
but Lehman and several other
senators have announced that
they will sponsor some sort of
insurance program. Generally,
their bills are still in the draft
ing stage. '
Lehman's proposal is expected
to cover not only flood damage,
but the risks of future wars, in
cluding atomic bombs, and simi
lar disasters too big for private
companies to handle. As now
contemplated, it would involve
some direct government insur
ance and some reinsurance in
which the government would
add its backing to that of pri
vate companies.
Other Legislation Planned
Other, members of Congress,
particularly from flooded states,
have announced they also will
sponsor insurance legislation.
Massachusetts'- Sens. Leverett
Saltonstall (R) and John F. Ken
nedy (D) jointly announced they
would introduce a bill. -
Sen. Prescott Bush (R-Conn.)
also promised legislation. So did
various House members.
President Eisenhbwer did not
disclose the nature of the ad
ministration ' proposal. But he
gave a possible tipoff last year
when he proposed a government
reinsurance plan for health in
surance, in which the Treasury
would guarantee ", private com
panies against excessive loss.
The question of flood insur
ance has been before Congress
in the past, but got short shift.
Former President Truman asked
for a federal flood insurance
plan in 1952 in the wake of de
vastating Missouri Valley floods.
But the 82nd Congress, then in
its closing days, was plainly
hostile. The House Banking
Committee gave the idea a 90
minute hearing and dropped it.
Minds May Be Changed
Oh that occasion, the north
eastern states had no recent
memory of floods in their own
back yards. Now nature may
have changed their lawmakers'
minds.
Mr. Eisenhower also assured
the New England governors that
the administration is determined
to help their area get more phy
sical protection against floods.
He promised full federal consid
eration of their detailed requests
for emergency relief funds and
of . large additional sums for
planning nad construction of
flood control projects and a hur
ricane survey.
Margaret Truman Heads
Daily Radio Program
New York (U.R) Margaret
Truman will become a full time
radio performer Nov. 7, the Na
tional Broadcasting Company
announced yesterday. ,
Miss Truman, who just re
turned from a tour of Europe,
will be mistress of ceremonies
on a new five day a week day
time program "Week-day." The
show will follow the general
lines of NBC radio's "Monitor,"
program . which features news,
music and interviews. '
Adm. Pride Commander
Of Pacific Air Force ;
Washington (U.R) The Navy
announced today that Vice Adm.
Alfred M. Pride, commander of
the Seventh fleet in r the Far
East,, . will become . commander
of the Pacific Fleet Air Force. -;
Pride will succeed Vice Adm.
Harold M. Martin, who retires
next February.- ' ' . '
, ' Adm. Stuart 1 H. ; : Ingersoll,
deputy ommander. in chief of
the Atlantic Fleet, will relieve
Pride as commander of the Sev
enth Fleet
Holyoke, Mass. rttJ.R) Former
welterweight boxing champion
Johnny Saxton lined up a train
ing schedule today sure of a title
fight at Boston Garden with the
winner of the Nov. 30 bout be
tween champ Carmen Basilio
and Tony DeMarco.
Wall Street
New York (U.R) Oil
shares featured another rise on
the stock market today. '
For industrials it was the
fourth gain in six sessions, for
rails and utilities it was the
fifth in a half dozen.
Gains in the oils ranged . to
nearly three points in Standard
oil of New Jersey. Wide advan
ces also were noted in Texas
Co., Standard of California, Roy
al Dutch, Phillips Petroleum and
Gulf Oil.,
DePont generated strength,
late in the day and rose two
points. Other chemicals were
strong with it.
Dow-Jones Averages
Dow-Jones final averages: 30
industrials 453.09 up 4.51, 20
rails 149.83 up 0.82, 15 utilities
61.75 off 0.11, 65 stocks 160.72
up 1.09.
Sales today were about 1,760,
000 shares compared with 1,550,
000 yesterday.
Today's closing prices on se
lected stocks:
American T & T , 17714
Anaconda . . 643i
ChEysler .-. 95 V
Curtiss Wright 24V4
General Electric 48 V4
General Motors 134
Montgomery Ward 89 V4
Penn R R 25
Penney J C 94
Radio .... 448
Southern Co '. 19
Southern Pacific 55
S Oil of Calif 85
Texas Gulf Sulphur .... 37
Transamerica ...
Tri-Continental
United Aircraft
U S Rubber
U S Steel ..;..
Youngstown
40V2
24
3578
44
54V8
.... 94V4
Portland Livestock
Portland (U.P.) Cattle 400. Com
mercial heifers $15.50-17; utility dairy
type heifers around $10-11.50: canner
cutter cows mostly $7-8, few $8.50:
utility cows mostly $10-11: around 755
lb. stock cows $9.50; light cutter
utility bulls $11-13; good stock steers
$16-17.
. Calves 50. Good-choice $17-19; indi
vidual high choice $20; Rood-choice
above . 350 lb. calves $16.50-18: cull
calves and vealers down to $7 and
below.
Hogs 400. U.S. No. 1 and 2 butchers
180-235 lb. $16.50-17; No. 3 lots $16:
some down to $15.50; around 350-450
IK sows $13-14.
Sheep 500. Choice with some prime
lambs $18.50-18.75; choice No. 2 pelt
lambs up to $18; good-choice feeder
lambs mostly $14-15, some higher;
cull-choice ewes S2-4.
Portland (U.P.) Eggs To retail
ers: Grade A A large. 59-60: A large,
53-56c; AA medium, 47-49c: A me
dium, 4-7-48c: small, ,36-38c; cartons,
l-3c additional. -
Butter To- retailers: AA grade
prints 66c lb.: cartons, 67c; A prints
66e: cartons. 67c; B prints, 64c.
Cheese To retailers: A rade Ched
dar. Oregon singles, 401,il45'ic: 5-lb.
loaves. 462-49',ic Processed Ameri
can cheese. 5-lb. loaf. 39.i-41c lb.
Idaho Power Said
Ready To Build Dams
Boise (U.R) Idaho Power
Company President T. E. Roach
said today his company was
leady and financially - able to
proceed with its plans to build
three dams on the. Snake river
in Hells Canyon. . ; -
Roach made the remark in
one of two statements released
last night in which he "defended
his firm against remarks made
in Washington, D. C, and Port
land, Ore., both of which he felt
were critical to his company.
In the second statement,
Roach said references to power
shortages in Idaho made during
a House reclamation subcommit
tee hearing in Washington "ob
viously referred to power gen
erated by the Bureau of Recla
mation." '
But it was a statement made
Monday in Portland by" Palmer
Hoyt, editor and publisher of
the Denver Post, that drew most
of the power company presi
dents ire.
Hoyt said he doubted if the
dams would ever be built be
cause he didn't think the "proper
guarantees" were written into
the Federal Power Commission
permit authorizing the projects.
Portland Produce
Farm Market
Early Spitzenberg apple arrivals
were being quoted around $2.35-2.50
a loose-packed box today; Anjou
pears from Hood River brought up
to $5. . J
First Klamath basin Husset spuds,
U.S. No. 2, were 65 cents for 50
pounds.
Poultry, Rabbits
Live Chickens To growers (No. 1
quality, f.o.b. Portland): Fryers, 2Vs to
4 lbs., 22c; at farm, 21c; roasters 26c
lb.; light hens, 17-18c; heavy hens,
all wts.. 19-20c; old roosters.- ll-14c. t
Dressed Chicken No. 1 dressed to
retailers: Fryers. New York style, 36
37c lb.; whole drawn, 41-45c lb.; cut
up, 47-50c lb.: hens, light' type. New
York style, 27-29c;. cut-ups. 39-46c;
hens, heavy type. N.Y. style, 28-31c;
whole drawn. 40-44c.
Turkeys To producers for A grade
young hens, f.o.b. farm, N.Y. dressed,
37-38C lb.; A grade -toms, 30-3 lc; live
weight basis toms. 29c; A grade hens,
35",ic; A grade young- hens ready to
cook, 55c; N. Y.- dressed.-48-49c lb.;
fryer- turkeys.. 4-8 lbs.,- 56c;. cut-up
toms, 46-50c. - .. .'
Rabbits (average to growers f.o.b.
killing plants) Live white. 3-4 ,4
lbs., 25-26C up; 5-6 lbs.. 20-21c: colored
pelts 4c under; old does, 10-1 4c lb., a
few higher. Fresh killed fryers to re
tailers. 58-61c; cut up. 62-65c. .
Port Zander Who Voted For General Grant Dies
Portland (U.R) Charles Hen- was bom in Folkstone, England
ry Hams, 104, who once voted in 1851. He first settled in Illi-
for Gen. Ulysses Grant for presi- nois and then came to Oregon,
dent, died here yesterday. His wife died two years ago at
Hams, who came here in 1876, the age of 97.
Use Mail Tribune Want Ads -Dead
line Sunday Classified la at
noon Saturday: 10 a m Monday for
Monday; , other days 5:30 previous day
Portland Hay, Grain
Portland Wholesale hay - prices:
No. 2 green alfalfa, baled, f.o.b. trucks
Portland and Seattle. $35-36 ton. "
Prices as reported by the USDA
market news service: Wheat, No. 2
soft white, $72 ton; No. 2 white oats.
38-lb. test. Coast delivery. S49.50; No.
2 Western barley, $47 f.o.b. Portland
Coast delivery: soybean meal $83 ton
cars prompt delivery Portland: No. 2
milo. f.o.b. - Portland, $57.50 ton:
standard millrun. $44-45 cars; No. 2
yellow corn. Eastern shipments, f.o.b,
Portland. $58.50. '
AbwOoy
Easy
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