Medford mail tribune. (Medford, Or.) 1909-1989, November 30, 1956, Image 4

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    L
FOTJB MEDrOHD (OREGON)
Mfordtribuni
"Everyon In SouUrn Or-siora
Rei j The Mall In bun"
frubluhcd Daily Exeunt Saturday by
V MEDFORD PRINTING CO
27-29 North Fir St. hone 3-6141
ROBERT W RUHL, Editor "
HERB GREY Adverting Manager
GERALD LATHAM, biaineu Manr
ERIC -4-LEN JR. Managing Editor
EARL H ADAMS City tlitor
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RICHARD JEWETT SporU Editor -OLIVE
STARCHER Society Editor
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An IndepenrfM Newupa per
Entered aj second clan matter at
Medford Oregvi under Act erf
March 3. 1897
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Medlord and Jackson County
History from the files of The
Mail Tribune 10. 20, 30, 40
and SO years ago.
Not. 30, 1946 (Saturday)
A semi-annual law enforce
ment conference of federal bu
reau of investigation scheduled
In Medford Dec. 4.
From Arthur- Perry's Ye
Smudge Pot cohftnn: Winter has
come. All the signs of fall and
summer have vanished, save
circus posters put up last August.
20 YEARS AGO
Mot. 30, 1836 (Monday)
Educational program at South
Fork CCC camp, near Medford,
Increases with completion of
new building.
A revision in salary scale so
employees may better meet the
increase in living, .eosts an
nounced by Eugene Thorndike,
manager of local First National
bank.
30 YEABS AGO
Not. 30, 1928 (Tuesday)
With 42 permits issued, the
building department had a pro
gram entailing an expenditure
of approximately $56,100.
Southern Oregon residents in
quire about methods of control
lng nd exterminating pine
beetle.
40 YEAHB AGO
Not. 30. 1916 (Thursday)
Budget committee fixes city
tax levy for 1917 at 14.6 milis.
Walter Brown, presently home
from Oregon Agricultural col
lege, has been appointed first
lieutenant of a cadet company
at CaJ-vallis.
SO YEARS AGO
Not. 30, 1916 (Friday)
All honorably discharged sold
iers and sailors of the Civil war,
living in the Medford vicinity,
to meet at GAR hall Saturday.
Th Ashland Elks lodge will
hold its annual memorial service
in the opera house Dec. 2.
What's the Answer?
Can Ton Gat 4 of the IT
Copr. 1953 Editorial Researca
Report
1. More serious accidents oc
cur during the year in homes,
in factories, on roads. In mines,
or on airplanes?
8. Which President -was ad
ministered yie.oatn ot ouice Dy
Bis lather, a jusyce of the peace?
3. The fastest selling musical
instrument in the U. S. today is
the banjo, electric organ', violin.
piano or saxophone?
4. About (a) 1, (b) 5, (c) 10, or
() 15 out of every 100 Ameri
cans have never been treated by
a dentist in his office?
5. A typical fenior class in
Jiigh school has a higher aver
age of intelligence than the popu
lation as a whole; right or
onB?
. Zim and Zis are Russian
makes of automobiles; right or
wrong? .
The answers: 1. In homes; 2.
Caleun Coolidge in 1923; 3.
Piano; 4. 15in 100, says Ameri
can Dental association; 5. Right;
6. Right.
Annual Corn Show
Opens at Ontario
Ontario (U.R) The annual
corn show here opened yester
day and sweepsiait.es winner m
hvhHti vield was C. J. Coop
er ofStanfield with a yield of
191.5 bushels per acre.
Larry Faist of Canby won the
Western Oregon adult competi
tion witj 165.8 bushels.
MAIL THIBUNE
Seal Sale Troubles
The program of tuberculosis prevention, assist
ance and health education
more than three decades by
lic Health association to
tion is in danger.
Envelopes containing Christmas Seals, the only
source of funds for operation of the association, were
mailed out recently. Now many of them are being
returned, some unopened, some with notes explain
ing that the recipient does not care to contribute this
year. A few of the notes are abusive.
THIS is a shame, for the
jo a vital uuc, uiipui Kiuf, tu uic v,uuuiiiucvi ncii-
being of the community.
Our feeling is that if an individual does not wish
to buy the Christmas Seals, that is his privilege. But
if his decision not to do so is based on-a feeling of
recrimination, everyone is going to suffer.
What are the facts? Just how does the association
spend its money? Who makes the decision where it
shall be spent? And what would happen if the asso
ciation had to give up for lack of funds?
a
HTHE basic objective of the association is the elmina
tion of tuberculosis. Most of its money is spent
directly for that purpose.
The rest of the funds are spent on general health
programs, under the -theory that the general health
level of a community, these days, is the single largest
factor in the prevention of tuberculosis.
- Virtually everyone is exposed to TB germs at one
time or another. Whether or not he becomes a victim
of the disease depends largely on whether or not his
health is good enough for his body to fight the dis
ease germs.
General health is dependent on many things a
good health department, a high level of understanding
about health conditions and problems, cooperation
among public agencies and private organizations in
solving health problems.
These are the objectives of the association.
TOURING the past year, here is how the association
spent its money, $15,810.57 this year:
Just under half of the budget, about 48 per cent,
was spent on "case finding." This includes payments
on the two x-ray machines purchased for installation
at the two medical hospitals; tuberculosis clinics;
paying for large x-ray films for TB victims whose
cases should be watched closely; helping TB victims
with transportation to hospitals and related costs;
educational materials on the importance of x-rays,
and pamphlets for distribution in the schools on
tuberculin testing.
Another 17 per cent of the budget went to the
Oregon Tuberculosis and Health association and the
national tuberculosis organization, most of it for
research in TB cause and cure.
With these two items paid, more than 64 per cent
of the budget went directly to tuberculosis work.
THE rest of the budget included the costs of the
seal sale itself (seals, stamps, envelopes, pub
licity, etc.), about 15 per cent; administration and
organization of the association (office expenses,
training, etc.), about 8 per cent; payment to the
county health department to make up a deficit in
public health nurses' salaries, just over 5 per cent;
a program of social hygiene, including family life
education in cooperation with other groups, leader
ship training, mental health and so on, less than 5
per cent; health education other than the above, in
cluding publications, less than 2 per cent, and a
small item, under 1 per cent, for Christmas gifts for
TB patients in hospitals, birthday remembrances, and
clothing when needed.
That's where the money went.
THE objection has come, from those who feel that
if TB seal sale money is to be used for non-TB
purposes, that fact should be more adequately pub
licized, and those who objected to the fact that the
association was sympathetic to the fluoridation pro
posal, as a public health measure, and included in
formation about it in its health education series.
These may or may not be valid objections. That
is something that only the individual concerned can
decide.
But the fact remains that the chief objective of
the association is tuberculosis control and educa
tion, that the bulk of its income goes directly for
that purpose, and that the rest of its income,, in the
judgment of the volunteer board, is devoted indirect
ly to the same objective.
AS TO the feeling that there may have been "mis
representation" about the destination of the seal
sale money, this may well be based on the letter ac
companying the seals, which this year makes only
indirect reference to the phases of the association
program not directly related to tuberculosis. This
probably was a mistake.
But it is no secret, and never has been, that the
Jackson County Public Health association is inter
ested in many phases of health, and has spent the
public's donated money in their behalf. One small
pamphlet about the association puts it this way, in
listing the objectives:
"To initiate and support such activities as may raise the
standard of health in the community.
"To support a tuberculosis control program aimed to
ward eventual eradication of the disease.
"To determine the most pressing local health programs
and to cooperate with the official health and -welfare
agencies in meeting such needs.'" '
If you don't agree with these objectives, you are
under no obligation to aid the association. If you
do, why not send them a couple of dollars, and use
the seals proudly again this year? E.A.
Friday, November 30, 1956
built up over a period of
the Jackson County Pub
one of the best m the na
work of the association
Communications
Letters to the Editor must bear the name and address of the writer, although
under certain circumstances the use of a pen name or initial for publication
is permissible. The Mail Tribune reserves the right to edit all letters with a
view to clarification and condensation. Letters submitted for publication must
not exceed 400 words.
Pets in the Cold
To the Editor: These cold
nights and chilly days make it
timely to remind pet owners to
provide warm beds for the ani
mals. Lately I have noticed shiv
ering little creatures in front
of a door waiting expectantly
and pathetically for it to open.
Especially small, short haired
dogs feel the cold. I always won
der if they have a shelter gen
erally garage doors are shut to
protect the family car, so where
is the dog to find comfort?
Then the time is approaching
when parents buy puppies for
gifts without knowing the care
a young dog needs, and too often
after the first burst of enthus
iasm the puppy or kitten is sad
ly neglected.
With the right attitude, won
derful lessons in kindness could
be started by having a pet. In
fact, here is the true approach
to peace. "There can not be per
fect civilization until man real
izes that the rights of every liv
ing creature are as sacred as
his own" David Starr Jordan.
So, during this holiday season,
let us not cause any avoidable
cruelty or suffering, let us all
help to spread the message of
peace and good will to all living
creatures. Working toward such
a decent goal should be the
basis of the new civilization
which we all aspire to achieve
and in this world-wide effort
each individual man, woman and
child must play a part.
Remember in every act of
mercy we shall know the rich
reward that loving kindness
brings Try it.
Terry Addison,
1040 Childers ave.,
Medford, Ore.
Yes and No
To the Editor: People in the
Medford area are lucky to be
served by such a paper as yours.
I've had Xo discontinue both our
PorUand dailies and turn to
your Mail Tribune to get reli
able commentators' views and
enlightened, fearless editorials.
We need opinions like those of
Walter Lippmann, Alsop broth
ers, Framk Jenkins, to wake us
up to the dangerous trends in
the Middle East.
However, I disagree with
your Nov. 25th "Minority Re
port" editorial. Your "long
view" disregards .the fact that
millions of people died to crush
the Hitler and Kaiser dictator
ships. They (the tyrants) didn't
just wear out. We don't want
history to repeat itself. Walter
Lippman writes that ". . . what
the Eisenhower administration
calls peace is an excessively
complacent reliance upon truces
which avoided fighting but set
tled nothing."
I agree. We can't run from a
bully forever. Ike's "persuasion"
will not stop the Russian bear
any more than a hunter without
a gun could stop a grizzly bear.
Our guns should be active co
operation with our allies (like
them or not, we need them) not
just words. Oil, their life-blood,
is the transfusion we must give
them. A little less aid and com
fort to their enemies is in order.
Nasser, the new Hitler, and the
Russians must be stopped NOW,
as Hitler should have been
stopped before he brought him
self, and the world with him,
down in ruins.
I still consider your Tribune
a fine paper, in spite of the
above disagreement. I'm con
tinuing my subscription as of
today.
Florence Lawrence
1206 N.E. Knott St.
Portland 12, Ore.
More on Parking
To the Editor: In line with
Ethel M. Tompson and her letter
of Nov. 27, we too live, not 5
miles but 20 miles from Med
ford, and have been trading
there for 3 or 4 years.
We look forward to shopping
each payday in Medford, which
is every 2 weeks. Not only are
we wondering what this parking
problem is, we also watch TV
and are much disturbed about
the announcement of the city
police that we will be arrested
for not locking our car, etc.
Medford as a whole is trying
to say this: "We have too many
people coming to our town to
spend your money, why don't
you go somewhere else." At din
ner tonight we were discussing
just that. How many other peo
ple feel the same way?
As to the parking problem, we
have children that are old
enough to shop. How will we all
meet to go home?
Harold Maupin.
1276 Gordon Way,
Grants Pass, Ore.
Oregon Tax Problems
Debaied at Meeting
Corvallis (U.B Legislators
and labor looked at Oregon tax
problems at Oregon State college
yesterday, with the sales tax,
surtax repeal, increased income
tax rates and state property tax
in the center of the delrsrte.
The discussions came at the
opening day of a two-day confer
ence sponsored by the State Tax
Commission and Oregon State
college department of economics.
The conference continued today.
Copco and T.V.
To the Editor: I appreciate
the opportunity to call the at
tention of your readers to two
items that appeared in the Nov.
20, 1956 issue of your paper.
One was a news story from
Clatskanie telling about the
315,000 bonus the publicly
owned company in that area was
giving to its consumers, who
were already enjoying one of
the lowest power rates in Ore
gon. The other was an advertise
ment sponsored by an invest
ment company telling prospec
tive purchasers of stock in the
local power company they could
expect a yield of 5 per cent in
tax free income. Quite a con
trast, isn't it?
During the recent election
campaign, I really enjoyed the
commercials -on the television
program sponsored by the local
power company. They ranged
from soap opera to comedy.
Some nights 1 suffered, when, in
my mind's eye, I saw the power
company become a forlorn and
lonely light globe shining brave
ly through the ice and snow of
a bitter cold night, while the
fat and fur clad voters stood in
the warmth of their doorways
shouting, "Out, you Sinner!
Out!" Other nights I laugned
when the power company be
came Uncle Scrooge McDuck
scrambling frantically around
the top of his money bin calling
for Donald's help, while below,
the voters, now in the form of
the Beagle Boys, toiled relent
lessly to tunnel through to his
riches.
I hope that our local voters
will remember, in the elections
to come, that Clatskanie has
proven a publicly owned power
company can produce cheap
power as an invitation to in
dustry. George Gannon
218 West Main st.
Medford, Ore.
Clarifies Position
To the Editor: On Nov. 16,
1956, your newspaper, in the
article covering the flood con
trol hearing, stated that I said
that anyone who went fishing
was either lazy or shiftless. This
statement is absolutely false.
The Bureau of Wildlife stated
in their report that there were
only 29,000 spring Chinook, 52,-
000 fall Chinook, and 6,000 silver
side salmon, plus 37,000 steel-
head that entered the mouth of
the Rogue river each year. The
wild lite interests tried to claim
14 millions of dollars were spent
to catch these few fish. Divide
the number of these salmon into
the 600 miles of river and its
tributaries with the 365 days of
possible fishing in the year, and
you will agree with the Fish
and Wildlife report of the Inter
ior Department, which gave fig
ures of man days of fishing ef
fort required to catch a salmon.
These figures are: 2Vi man days
at the mouth of the Rogue river.
However in our area it took 15
man days to catch a salmon and
21 man days of fishing effort to
catch a steelhead. The Senators
at the Medford hearing went
over these figures with me, and
on the "basis of these figures,"
I stated that a man would have
to be either wealthy or lazy, to
be able to afford the time to fish
for salmon in the Rogue river.
Years ago there were millions
of these migratory fish entering
our river each year. Why so
few now? Can we have Progress
and Salmon? We certainly can.
I believe that flood control will
help do the job. If a .high dam
at Lewis creek is necessary to
stop the floods, then enough
water flow should be maintained
in the river to keep the water
cool, and at a level to allow the
salmon to swim to their spawn
ing areas. A hatchery at Trail
would take care of any salmon
entering that area. I have wit
nessed the salmon fishing in the
Sacramento river. The high
Shasta dam has created a great
salmon run at Redding.
I love to fish as well as any
one. I have caught 200 pound
dolphins off the coast of central
America, fished in both oceans,
plus many of the rivers and
creeks in the United States, and
other countries. I wUI continue
to fight for flood control and to
increase the salmon runs, and
all other species of fish in the
Rogue and its tributaries. I be
lieve that all excess water should
be utilized for Agricultural and
Industrial purposes, to create
more opportunities, and to make
Southern Oregon a better place
to live in.
Walter Kasworm,
Shangri-La Berry Farm,
5044 South Pacific Hwy.,
Grants Pass, Ore.
Safes Tax To Increase
School Fund Supported
Eugene (U.R) Support of a
sales tax to increase Oregon's
basic school support fund was
indicated today as the Oregon
School Boards Association open
ed a two-day meeting here.
At a preconvention meeting
last night, the group's legislative
committee agreed to recommend
an increase in the basic fund sup
ported by the sales tax.
Some 300 officials represent
ing 1550 school board members
around Oregon were: attending
the meeting.
Hungary, Middle East,
International News Spotlight
By CHARLES H. McCANN
United Press Correspondent
The week's good and bad
news on the international bal
ance sheet:
The Middle Eastern and Hun
garian situations, both serious,
shared the international news
spotlight this
week. Good
news was lack
ing. Middle East
A threat that
Soviet Rus s i a
might gain a
dangerous
foothold in
Arab Syria
Chne Mc nn a i a r m e a me
United States and the Western
world in general.
There were strong indications
that a pro-Soviet faction now
dominated the government. Rus
sian arms poured into the coun
try. Relations between Syria
and pro-Western Iraq were near
the breaking point. The Syrian
and Iraqi governments accused
each other of fomenting internal
revolts and of plotting aggres
sion. The United States, through
its ambassador in Damascus, the
Syrian capital, expressed its
concern over the arrival in
Syria of "substantial" quantities
of Russian arms.
Turkey, the most important
ally of the West in the Middle
East, saw the situation as a
grave threat to its security. Its
northeastern frontier faces the
Soviet Union. Its southern fron
tier adjoins Syria. Syria is small
and militarily weak. But as a
Soviet stooge it would be dan
gerous. United Nations troops started
arriving in Suez from a half
dozen countries to take over the
Suez Canal Zone from the Brit-
!n the Day's News
By FRANK JENKINS
If you want to follow the cold
war news intelligently, keep a
weather eye on Syria. The Mid
dle East now, as so often it has
been before, is the powderkeg
of the world. '
Syria is the fuse that could
touch off the powderkeg.
TF you are in a serious mood,
-- with a leaning toward stud-
iousness, you might get out your
map and take a look at the situa
tion. If you do so, you will note
that Syria lies up at the far
north of what is known as the
Middle East. To the west is the
Mediterranean. On Syria's north
is Turkey. Off to the northwest,
across a narrow corner .of Iran
that Russia has always wanted,
is Russia herself.
For days, the Turks have been
reporting steady shipments of
Soviet arms into Syria. Syria has
large airfields, and a part of
these Russian munitions are com
ing in by air. Other shipments
are coming by water from the
Black sea, which is practically a
Russian lake, down through the
Dardanelles strait to Syria's
Mediterranean ports. Presumab
ly, they are being assembled
there for use JUST IN CASE.
The significance of this pic
ture is provided by the fact that
Syria is governed by a trium
virate headed by a DEDICATED
COMMUNIST.
THAT is the grim side of the
story. Let's take a look now
at the somewhat brighter side
if it can be said that this Middle
East situation has a brigther
side.
As this is written, Iraq has just
appealed to the U.S. for more
arms and has warned Syria in an
official note that Iraq will DE
FEND threats to its security
The note adds that recent de
velopments in Syria (meaning
the accumulation of Russian mil
itary supplies there) have assum
ed dangerous proportions, and
condemns the campaign against
Iraq that is being waged in the
Communist Syrian press.
IVHY can that be termed a
' development on the brighter
side?
Well, Iraq Is an ARAB state.
Russia has been posing (behind
a false face, as usual) as the
FRIEND of the Arab states. Up
to trip time of the Suez ruckus.
she had been making a lot of
progress in that direction. She
had been making progress be
rsnco tho Arahs hate the British
and the French. Their hatred
arisp nut nf the fact that Britain
and France are colonial powers
and for eenerations have been
running Arab affairs. The Arabs
want to run their own affairs.
In the Suez affair, the United
States took a position against
the British and French effort to
seize the Suez canal and con
tinue British and French control
of the Middle East. That seems
to have impressed the Arabs
with the honesty of American
purposes.
ANYWAY, if we are to keep
the Russians from grabbing
the Middle East, with its vast
reserves of oil and its control
of the strategic waterways of
that part of the world, regaining
the confidence of the Arab
states will be of GREAT help.
:
ish and French forces which
moved into it after Israel attack
ed Egypt.
Withdrawal of the Anglo-
French forces hecame a matter
of timing. .
' Relations between the United
States and its allies, Britain and
France, strained by the Suez in
vasion, remained bad. President
Eisenhower said in a statement
that the Suez situation wouJd
not weaken the American-Brit-
ish-French alliance. But wide
divergence of policy continued. ,
Hungary
A stream of refugees, colq,
hungry, footsore, poured into
Austria from Hungary. They had
fled to escape the reign of terror
imposed by the Russian Red
army and their own Communist
government after the recent re
volt. Many who sought freedom
did not make it. Russian and
Hungarian frontier guards were
slaughtering men women and
children whom they caught try
ing to escape.
Inside Hungary, more than
half of the workers who had
Mid-East Difficulties9
Discussed
By ROGER W. BABSON
Babson Park: Mass. Israel
will withdraw from the Middle
East situation. She has beex
"Wf?"! warned that if
j'l'i,, J there is a real
war, she will
probably be
wiped out. If
there is j-eal
trouble, iirwill
be between
Egypt, support
ed by Russia,
and England,
supported by
Bosei
France. France has probably
lost the Arab countries. So it
would be Egypt, supplied by
munitions and airplanes and so
called "volunteers" from Russia,
against England, backed by
France.
Mr. Eisenhower knows the
situation probably better than
anyone else; he has spent a year
in North Africa with the Arabs
We must count on a possible
two- or three-year struggle
which probably means inflatign.
The United States will supply
arms at least to England an(J
possibly to Egypt. We would do
that because we want to be on
friendly terms with the Egyp
tians and Arabs.
Mr. Eisenhower is very much
disappointed in both England
and France. Not only did they
not ask his advice, but they went
ahead very contrary to his
wishes. Mr. Eisenhower has also
been disappointed in the way
the Western Powers including
England get a good scare. Mr.
Eisenhower was elected on the
platform of Peace, Prosperity
and Progress. He will now eith
er refuse to take any action or
else will dump the problem in
the lap of the United Nations.
He certainly wishes to avoid
another Korea.
Price of Gas Will Rise
The oil interests have notified
Washington that, on tlie basis
solely of supply and demand,
fuel oil and, indirectly, gasoline
will move up V2 cent a month
until oil is again coming from
the Middle East. The Mid-East
has pipe lines and the most im- j
portant one has already been 1
blown up. England and France j
have ?'ready gone on a rationed
basis for oil.
I think that the present un
certainty will drag on until the
next Congressional elections. If
it does, Eisenhower may think
he can win Congress by jus!
going to the neople and telling
them it is a choice between pay
ing 10 cents a gallon more for
oil or sending their boys to Eu
rope, and that he will leave it
to Congress. Therefore, he and
his advisers feel the Republi
cans have a chance ot getting !
control of both Houses in the
next Congressional elections.
With Eisenhower favoring free
enterprise, he would very much
hesitate to interfere with the
natural flow of oil in either the
East or West, but would leave
the price to supply and demand
The Middle East oil fields are
the plum of the world until we i
get organized on nuclear energy, j
A month ago the land there was
the most valuable land in. the :
world. Russia claims that She j
is not interest in the oil that I
the only thing she will insist
!
if -
F-'AlSSL"
hfr Baifon
Why Suffer Longer?
When Others Fail 0
COME TO US ACT NOW!
Our Nature'! HERB reretie will help r l
gain rout good health. Our remedial have bee
auccessful in aiding the sick all ever the state ror
ever 18 years.
Remedies for disorders, sinuses, heart, liver, stomach, gas and
constipation, piles, asthma, female complaints, kidney, bladder, blood,
rheumatism, back and headaches, for Male, female and Children.
BRANCH
OFFICES:
Albany
Salem
Eugene
North Bend
ewport
Share
struck in protest againsthe ar
rest Tjf independent Communist
Premier Imre Tagy and th0 im
position of the Rej terrd1 still
refused to return to their jobs.
The wooers who did return re-,
meinffd idle, fcr the most p&t,
at their machines because of a
lack of fuel ef or powr. Sonfe
guerrilla fighting continue In
the mountains.
The U.N. tried, vainly to get
permission to send a 1im
observers into HuSgary. Russia
and Hungary refused (hey
wanted tio witnesses tother rg
ressisn. e
Premier Chou En-Lai of m
munist Chsna arrived jt Nv
Delhi c a visit to his friend
"neutralist" P r 9m e Minister
Jawaharlal Nehru oPlndia.The
importance of theovisit a? in
creased because Nehru 8 to
come to the United States in
December to visjt President Eis
enhower. It was forecast that
Nehru might make a sttjmg at
temD?. on Chou's behalf, tn erst
I the United States and Red China
I into negotiStions on relatns.
by Babson
upon is the following: If (Se
LSuez is internationalized-, the
Panama Canal and the Darda
nelles must ilso be internation
alized. Russia insists that the .
Dardanelles and Panama be put
on the same tsis as Suez.
Egypt pretends to ;present
Ike Arab world, bt what is hap
pening in Hungary should make
the Arab fear Russia and no
longer trust her. flie United
States, Wherefore, stands a better
chance of winning theArab
world. Eisenhower was over
there for a yir and he knows
North Africa far better an
does Eden or Mollo,
Expert's Conclusion
Under the above conditions, I
now see no chjince of g real
slump next year (1957); but 1957
may be leveling-off year. A
big break may not occur, espe
cially in view of all We pensiSti
funds and unemployment legis
lation, minimum wage laws, and
the Employment Act of J946.
I still havf faith in the Law of
Action and Reaction; but when
I developed the Babsonchart,
we had been on a Gold Stanford
for many yArs. We had a nat
ural ceiling and a natural floor.
Hence, it was fairly py then
to makjj correct forecasts based
on the Babsonch.-t areas. O ,
Now we are on a Political
Standard and not on a G,ld
Standard. -n elastic band c$i
be stretched, but sometime At
f will break. Hence, I wiave not
lost faith in the Law of Actjtp
and Reaction. Those Babson-
chart areas can be manipulated
by political action for perhaps
lour or live years ueture wa
the X-Y line but ultimately we
will Save to pay the price.
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