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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Feb. 21, 1956)
Gold Hill Council Considers Several ms at Meeting By MRS. SAM ELLIOTT Gold Hill City councilmen here Friday authorized Mayor Milton Steinmotz to join other mayors of Jackson county cities in meeting with the Jackson county budget committee in re gards to each city obtaining its share of county road funds. They approved a motion that a letter stating their plan be sent to Mayor Earl Miller, Med ford. Mayor Steinmetz also was authorized to sign all papers for the city, attendant to the Decem ber flood application for federal relief. Filter System Councilmen heard a letter from Corvallis related to engi neering problems in installing a filter system for the city water supply. Recorder Ferd Jones was authorized to write a letter informing Southern Pacific rail road that the council had ap proved construction by the Rogue Valley Fertilization com pany of a storage tank and other pertinent structures needed for business on the SP property leased to the company. It is lo cated east of the present Jedde loh brothers lease. ; Sam Elliott has been confined to his home since Thursday re covering from a knee injury. A miscellaneous gift party will be held at the Gold Hill Grange Wednesday, Feb. 22, at 8 p.m. for Dr. and Mrs. Brown. The community is invited. The ' Gold Hill Methodist church announced Sunday that Marvin Throne will present a saxophone solo Feb. 26 at the church. 1 William Fields, who under went major surgery Tuesday, Feb. 14, at Osteopathic hospital, is reported progressing nicely. The Fields' son Joseph, visited 'here recently. He is employed by the Oregon state engineer's' division of the state highway department. In THe Day's News By FRANK JENKINS One more detail on crossing the border: Before heading into Mexico for what will prove to to be a fascinating experience you'd better provide yourself with a moderate supply of Mex ican money. You won't be sunk without it as would be the case in almost any other part of the world j except Canada but it will come in handy. A MERICAN money is accepted readily enough in Mexico, but there are problems in the way of change, especially if you proffer as much as a SI 00 bill. Besides prices are quoted in terms of pesos, although they are called dollars on the price tags. Anyway, it will be well to begin to think in terms of pesos as soon as you enter Mexico. In any foreign country, it is advisable to think in terms of the money of the country. In order to think in terms of pesos, you need to carry pesos in your pocket and pay your bills with them. Washington Home owners in the United States have increased 71 per cent in number since 1940, and from 1940 to 1950 the num ber of renter-occupied units in creased by only 5 per cent. rpHE official rate of exchange is 12 pesos for one Amer ican dollar. Mexico's economy is quite stable, and , the official value of the peso and its acutal value in trade in terms of American dollars show very lit tle variance. One presently buys pesos in Nogales at the rate of 12.4 to the American dollar. There are no bla'ck markets in Mexican exchange. You buy your pesos with complete confidence, un worried by the thought that maybe if you knew a better place you might get a better bargain. ' "JlTEXICAN money is simple and easy to understand because, like American money, it is based on the decimal system. There are 100 cents in an American dollar. There are 100 centavos in a Mexican peso. The thing to remember is that at present rates of exchange a peso is worth eight American cents. A centavo is therefore worth one per cent of eight American cents which is a small er unit of value than an Amer ican can imagine. So, being an American, you will come early to think of centavos as xhicken feed that isn't worth, considering. But it does no harm to watch your centavos in Mexico as you watch your pennies in the U.S.A. One accumlates quite a few of them in the course of a day. Besides, they are useful for paying off the Mexican young sters who descend on you in swarms to shine your shoes. They are such engaging little devils that you can't help patronizing them. As a result, your shoes shine like an automobile head light all the time. Tuesday, February 21, 195S MEDFORD (OREGON) MAIL TRIBUNE FIVB 7"OUR first need will be to establish a unit of value in your own mind. If you're no mathematical wizard and get all snarled up every time you try to multiply something by eight, you will find it good enough for all practical purposes to think of a peso as a dime. If you'll follow that rough and ready system you'll get back in change a little more than you expect, which will keep you feel ing happy. j It's always wonderful to be happy. YTBEN you buy your money at the border, you'll get the bulk of it in 50-peso bills. When you make your first stop say at Hermosillo or Guaymas, if you're coming in from Nogales and are given the news as to the cost of your motel or hotel accommodations and find it will take at least a 50-peso bill to cover it you'll get a sinking feel ing in the pit of your stomach. This thought will cross your mind: "Boy, at this rate I'll have to hock the car about day after tomorrow to get money enough to go home on." But when you count up on your fingers that after all a 50 peso bill is only four bucks you'll come back to life and the sun will shine again. That's what I mean by getting adjusted to the new standard of money val ues. 1 ALLi THIS, of course, leads up. to the cost . of accommo dations in Mexico. Of that, more anon. Suffice it to say here that balancing what you get against what you pay you'll find the cost of food and lodging here not too greatly different from the U.S.A. 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