Medford mail tribune., April 18, 1956, Image 3

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FARM BILL VETO Herbert Miller, assistant executive
clerk (left) and Richard S. Tribbe, assistant to the Chief
of Records, leave the White House carrying bundles con
taining a message from President Eisenhower to the
House of Representatives explaining why the Chief Execu
tive vetoed the farm bilL The President said he acted
with "intense disappointment and regret"
Stevenson Campaigns
In Pennsylvania for
Tuesday Primary Vote
$2,000,000,000 Federal Surplus
Expected in Current Fiscal Year
Washington u.R) Congres-
sional staff economists today j
predicted a S2,000,000,000 fed-
eral surplus for the current fis
cal year.
That would be 10 times as big
a surplus as the administration
has forecast. The -most recent
Treasury estimate called for a
$200,000,000 surplus for the 1956
fiscal year ending June 30.
The congressional staff experts
said a tax reduction is not war
ranted despite the prospect of a
S2,000,000,000 surplus. They said
the economic situation is such
that a tax cut might touch off
an inflationary spiral that would
end in a boom and bust depres
sion. ,
Seen Sufficient Reason
But some congressmen prob
ably will seize upon the $2,000,
000,000 estimate as sufficient
reason for an election year tax
cut. anyway.
The new estimate highlighted
a report on the current economic 1 anticipated or greater than ori-
situation prepared by Grover W.
Ensley, executive director, for
the House-Senate Economic
Committee.
Ensley said his staff figured
receipts will be about $3,000,
000.000 more than the Treasury
estimated in January. Expendi
tures were estimated at about
$1,000,000,000 more.
Treasury Secretary George M.
Humphrey recently estimated
that receipts and spending each
would be about $1,000,000,000
more than the January estimate,
leaving the surplus estimate at
S200,000,000.
Inflationary factors still out
weight deflationary ones in the
national economic situation, Ens
ley said. v
Long Run Possibility
'Although long .run projec
tions indicate the possibilities of
tax reductions, the emergence at
this time of a surplus, either
ginally anticipated, is not persu
asive as to the wisdom of tax re
duction in the face of a booming
economy already pressing the
limit of immediate resources and
fanned by a variety of upward
drafts," the report said.
"The fact is that the emerging
federal surplus of itself is but
another indication of the
strength of the booming forces
present in the economy."
The report also approved con
tinuance of a restrictive money
policy by the Federal Reserve
System. It recently raised the
basic interest rate on borrowed
money, an anti-inflation move.
SKIING NOTE
Mt. Washington, N. H. (U.R)
Tuckerman's Ravine on the east
ern slope of Mt. Washington is
the only true snow bowl east of
the Rockies and boasts skiing in
to June at times.
Wednesday, April 18, 1958
MEDFORD (OREGON) MAIL TRIBUNE THREE
Warm Springs Indian
Timber Sale Slated
Portland -(U.R) Eleven mil
lion feet of Indian timber will j
be sold on the Warm Springs j
reservation. ' !
Don C. Foster, area director
for the Bureau of Indian Affairs
here, said today he had been
authorized by the Department
of Interior to offer for compet
itive bidding the tract of timber
on the Badger Creek logging
unit of the reservation.
The timber is in the Mt. Jef
ferson roadless area on the west
side of the reservation near the
crest of the Cascades. It covers
205 acres. The tribal council of
the Warm Springs Indians has
recommended that regulations
forbidding road construction in
the area be waived as a means
of developing the area for bene
fit of the tribes. Foster said the
timber sale would Involve some
road construction."
TOWNE
Beauty Shoppe
36 S. Central
Phone 2-4266
Permanent
$750
. up
Takes Pride in Welcoming
. ADELINE REED !
EVAHURD
. , To Their Staff of Beauticians!
Adeline, a former Towne Beauty Shoppe beautician, now
returns, bringing her fine knowledge in hair styling to
give you the beauty care you desire. Eva Hurd is our new .
graduate beautician of Medford Beauty School. Come in
and try one of her manicures or a new hair tint!
VI CORBY.
DOROTHY OSBURN
Pittsburgh (U.R) Adlai E
Stevenson today began a two
day speaking tous of Pennsyl
vania in the hope of gathering
mora votes than President Eis
enhower in the primary election
Tuesday.
Stevenson scheduled visits to
Pittsburgh. Harrisburg and Phil
adelphia in his drive to get out
the Democratic vote.
Republican registrations ex
ceeded the number of registered
Democrats by more than 1,000,
000 severa'. years ago. But the
Republican majority now has
been whittled to less than 500,
000. Sen. William F. Knowland's
name also will be on the GOP
ballot but there has been no cam
paigning ior the California Re
publican. Xot Considered a Factor
Stevenson's hottest rival, Sen.
Istes Kefauver (D-Tenn), was
not considered a factor in the
Democratic race. He will not be
on the ballot and is making no
campaign in the Keystone state.
The Democrats will elect 120
convention delegates of whom
103 have promised to support
th popular choice of the voters
in their congressional districts.
The Democratic state committee
previously selected 28 additional
dele gates-at-lar ge.
Conventional delegates are not
bound to their pledges. In 1952,
Kefauver carried nearly all of
th state's 30 districts but receiv
ed less than 10 Pennsylvania
convention votes.
Backed by Leaders
Stevenson's part in the con
templated popularity clash with
the President was backed by
state Democratic leaders from
Gov. George M. Leader to Pitts
burgh's Mayor David L. Law
rence, who also is a national
committeeman.
Stevenson was scheduled to
make an address at the Pitts
burgh Press club shortly after
his arrival here. Later in the day
he was to meet party leaders at
a reception and will speak to
night before flying to the state
capital at Harrisburg.
Neuberger Hurls
Charge ai McKay
Washington (U.R) Sen.
Richard L. Neuberger (D-Ore.)
today accused former Interior
Secretary Douglas McKay of
"the cheapest and shabbiest kind
of demagoguery" in attacking
Sen. Wayne Morse (D-Ore.) be
cause he wasn't born in the
state.
Neuberger said the attack
"certainly strips McKay's lack
of issues Tight down to the sev
enth veil."
He said McKay made the at
tack last week just before leav
ing Washington to run for
Morse's Senate seat.
EARLY AGING
Orleans, Neb. (U.R) Nancy
Mitchell, 15, Orleans, feels old.
A competent tap and ballet
dancer, she ' has ' been teaching
since she was 11 years old. She
started taking lessons when she
was three.
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of such quality. Come see our open-stock collection. '
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