Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 21, 1957)
Speculation Becomes Legitimate on Ike's Choice of Successor By LYLE C. WILSOK United Press Correspondent Washington UR) Any time after noon today it will be ap propriate for newsmen to ask President Eis e n h o w e r to name his choice for the next R e p u b 1 ican presi d ential nomini tion. Mr. Eisenhow er's second and last term be gan at mid day. It probably Lyl. C. Wilion will be the Franklin D. Roose velt third term merry-go-round all over again because Mr. Eisen hower, alto, is the coy type. FDR was more than coy. He seemed to delight in misleading questioners about his political plans after 1940. Mr. Eisenhower will be under increasing pressure from this in auguration day onward to ans swer a couple of questions ur gently interesting to the citizens of the United States. The Presi dent is not going to like it. He is likely to lose his temper more than a few times in news confer ences between now and the ear ly summer of 1960. The ques tions to be pressed upon him will be these: Who is your choice to suc ceed' you? How about your young friend, Richard M. Nixon? The President will find prece dent for a hands-off policy if he decides to play it that way. There is solid precedent, how ever, for a president to choose and obtain the nomination cf his favorite for the White House. Seafon To Ask Delay In Dam Application Washington (U.R) Secre tary of Interior Fred A. Sea ton said yesterday a recent study by his department indi cated it would be possible to build a high dam on the Snake river below Hells Canyon. On the basis of this study, Seaton said he would ask the Rederal Power commission to hold up the application of the Pacific Northwest Power Co. to build a dam in the area. He said this would give the department time to make studies to determine the "ultimate com plete feasibility" of a high dam. Development of power sites on the Snake river on the Idaho-Oregon border long has been a point of dispute between pub lic and private power groups. Teddy Roosevelt selected v"il liam Howard Taft and probably regretted it. FDR probably in tended Henry A Wallace to suc ceed to the White House when he compelled a reluctant and angry Democratic National con vention in 1940 to accept Wal lace as its vice presidential nominee. Mr. Roosevelt's own fourth term disrupted that schedule, and there is some doubt that even FDR could have compelled a Democratic National conven tion to accept Wallace for the top nomination. Crowded Nixon Mr. Eisenhower crowded Vice President Nixon last yeir close very close to withdrawal from the contest for renomina tion. Whether this was deliber ate or unintentional is not yet evident. More likely, the Presi dent's artful dodging under the fire of questions about Nixon was a convenient compromise to avoid a showdown with the ag gressively active and opposing forces which rallied against the vice president. It also seems possible, per haps likely, that Nixon finally was given private assur.rce ihat he was the President's choice again for a running mate. How ever that may be, Nixon almost pulled out, but did not. Some thing must have changed his mind. 22 Persons Hurl In Train Accident ' Milwaukee, Wis. (U.R) Seven cars of a Chicago and North Western Railway stream liner traveling at 70 miles per hour derailed Sunday night, in juring at least 22 persons. Officials at Milwaukee County General hospital, where 16 of the injured were taken, said no one was hurt seriously and some were released after brief treat ment. The train, the North Western's crack "Peninsula 400," was northbound for Green Bay, Wis., when the rear seven cars left the track about 10 miles north of here in suburban Brown Deer. The cars tore up half a mile of track, tipped at about a 45 desree angle. Flames, apparently caused by a gas leak, shot up one side of the loung car, but quickly dis appeared and there was no fire. Sheriff's officers said most of the passengers remained calm, although some became panicky. I-f ff i-- 1 1 PS . miM i inia ii i ii m -rwii rtrr SEEK HALL SUCCESSOR The Republican National Committee met in Washington to begin task of selecting a successor for Chairman Len Hall who is retiring. Shown at the meeting, (left to right): Meade Alcorn, Jr., GOP Committeeman from Conn., a candidate for the post and Len HalL Monday, January 21, 1957 MEDFORD (OREGON) MAIL TRIBUNE FITS Door Prizes, High Dividend Rates Offered To Attract Dollars From Small Depositors Chicago (U.R) Savings banks are scrambling for the small depositor's dollars in today's money market across the nation. Financial institutions have boosted interest and dividend rates, stepped up their adver tising sharply and. in some in stances even abandoned gentle men's agreements against open ly displaying the rates they pay. Many generally-staid institu tions are casting out lures and resorting to gimicks to corner the little man's surplus cash, a United Press survey showed today. "There is terrific competition for the savings dollar," said a spokesman for one major Chi cago savings and loan associa tion. "And it's going to get worse A Nkhol's Worth of . . . Comment On This end That By HARMAN W. NICHOLS United Press Feature Writer Washington (U.R) Speaker Sam Rayburn's sister doesn't know "what happened to Sam this year he's decided to go to the in augural ball." Mrs. Edward Bartley, "Mr. Sam's hostess back home in Bonham, Tex., and his guest for the in- Harman Mrhoii augural weeK end, said her bachelor brother hasn't gone to more than one or two inaugural balls in the 44 years he has been in Congress. Former President Herbert Hoover planned to watch Presi dent Eisenhower's swearing-in today but not the inaugural pa rade. -Mr. Hoover's physicians advised him against being out for two or three hours in the weather. The only other living ex-president Democrat Harry S. Truman declined an in vitation to the inauguration. Hawkers selling inaugural trinkets peddled buttons featur ing the likeness of another well known personality besides that oi President Eisenhower sing- Share their good grooming secret... & gp Sanitone DRY CLEANING If Costs No More The more pride you take in your appear ance, the higher you'll value our Sanitone Service. It's the best in dry cleaning and more. Like-new texture and color are fully restored. Clothes look better, feel better, fit better and keep their freshly pressed look ever so much longer, too. Call for service today. We use Style-Set on dresses, Soft-Set on woolens to recapture the body and feel of newness. er n erstlil LAII U II - ii nil frJ flfl Or Ha er Elvis Presley. You could have your choice of buttons reading, "1 like Elvis" and "I hate Elvis." Ninety detectives "national ly known for their ability in combatting pickpockets" were on duty for the inaugural festivities. Two Philadelphia de tectives, Det. Frank Quinn and Sgt. James O'Dare, arrested two men Sunday immediately after arriving in town and before they could report to the police head quarters for duty. This ruined the last inaugural record when not a single pickpocket report was made. The better class of pick pockets there days has gone into con games and the fraudulent check writing, police said. Millionaires and near-millionaires arrived for the inaugura tion in their own private planes. Among them were John Hay (Jock) Whitney, newly appoint ed ambassador to Great Britain, movie star Gene Autry, oilman Sid Richards and Henry Ford II. A m;ua who could have cover ed the 2.5-mile inaugural parade route in a matter of seconds was slowed to the pace of ordinary marching units. Maj. Clyde A. Curtin, Victoria, Tex., was select ed to ride in the Air Force's new supersonic F104 jet fighter, but all he had to do was sit because the plane was towed, not flown, along the parade route. Major Curtin, 36, one of the youngest command pilots in the Air Force, flew 136 missions in Ko rea and shot down five Russian built Mig 15s. The Secret Service didn't exactly disarm movie cowboy Monty Montana for this year's parade but it made him promise not to use his lasso. Four years ago, Montana gave Mr. Eisen hower's boyguards a bad time bv throwing his rope around the President as he rode by the re viewing stand on his fancy horse. 4-H Club News KANDY KIDS The Kandy Kids cooking club of Central Point met Tuesday, Jan. 15. The meeting was led by Joan Dobrot, president. It was decided that the club would have dinner at Kim's restaurant and tour the kitchen at the next meeting. New record books were dis tributed and a skit for the In ternational Farm Youth Ex change program to be held in March was discussed. Members discussed their last month's clothing collection, in which eight large boxes of clothes were gathered and sent to Hungary. After the meeting members di vided into couples 'and each couple did something toward get ting dinner, setting the table or cleaning. The menu consisted of jellied fish salad, hamburger, Spanish rice, applesauce, green beans, home made bread, milk and peach cobbler. Patsy Charley, Reporter. SHEEP CLUB The Applegate Sheep club met at the school Jan. 17. Charles Elmore was elected president, Gwen Krouse, vice president, and Miriam Gapen, secretary and news reporter. The next meeting will be held Feb. 15 at 8 p.m. Miriam Gapen, Secretary. Iraq Crown Prince On Way To Washington London (U.R) Crown Prince Abdul Illah of Iraq, spokesman for four pro-Western Moslem na tions, arrives in London today en route to Washington with an appeal for greater U.S. support against Communism. He took off from Ankara, Tur key, shortly after a week end conference with leaders of Tur key, Iran and Pakistan which, with Iraq, are the four Moslem members of the anti-Communist Baghdad Pact. King Saud of Saudi Arabia, a member of the Arab neutralist bloc, sailed for Washington from Naples Sunday, following an other Arab "summit" meeting in Cairo with Egyptian President Gamal Abdel Nasser, King Hus sein of Jordan and Syrian Pre mier Sabri El Assali. before it gets better," he added. Dividend Rates Jumped Six San Francisco savings and loan firms were among the most recent to jump dividend rates. They boosted their rates from 3i to 4 per cent annually last week to meet competition of major commerical banks which raised from 2 to 3 per cent. Most banks and building and loan associations throughout the' United States have upped div idends or interest at least li of 1 per cent during recent months. Some have made sharper in creases in bids for savers' busi ness. One Chicago savings bank of fers one dollar in life insurance for each dollar deposited, a sav ings and loan bank gives a name brand portable TV set for each S3, 000 account, and another lures potential customers with a lottery giving away an auto mobile and a paid vacation. Books, Too A Cleveland savings and trust company promises a Webster's comprehensive dictionary and encylopedia for deposits of S250 or more. A bank in Garden City, N.Y., presents four books including a cookbook for Mom and a do-it-yourself volume for Dad to savers who put in at least $100. Thousands of banks and sav ings and loan firms hand out i gifts ranging from wallets and ' pads to cameras, clocks and pen pencil sets in return for the privilege of using depositors' money. The more costly lures which usually have strings attached or accompany relatively low rates . are thrown out by insitutions under state supervision. The ! Federal Home Loan Bank board last September placed a J 2.50 j maximum limitation on give-1 aways for opening accounts in sured by the Federal Savings and Loan Insurance Corpora tion. "The giveaways were getting out of hand," a home loan bank spokesman said. However, the board has not so far curbed the practice of en ticing potential savers inside savings bank doors with ex pensive door prizes. Advertising Drive In a number of cities not ably Atlanta and Chicago sav ings firms are bidding for de posits with cancerted newspaper, radio and direct mail advertis ing. Working on the theory that money talks louder than free prizes, many frankly stress their "going" rates. "They're breaking the traces of a gentlemen's agreement i against advertising dividend j rates," a Chicago bank official j said. "And you're going to see ' a lot more of it." Many ads offer depositors a full month's interest if deposits are made by the loth of the month. One Chicago concern pays interest from the 1st if the ; desposit is made by the 21st. In pre-"tisht money" days the 10th day of the month was the gen- j erally accepted cut off date. 1 Building and loan dividend rates average about 3Vi per cent in the South, 3 to per cent in the East, 3 to 4 per cent in the Mid-west and 3i to 4 per cent in the West, the survey showed. Banks are paying about i per cent less for over-the counter deposits. Home mortgage loan rates have climbed correspondingly to 5 '.4 to 6 per cent over most of the nation, the survey show ed. "Closing fees" for home mortgages also have been boost ed in some cities, and building and loan officials everywhere admit the "tight money" situa tion. has forced them to put their lending on a much more "selec tive" basis. SEE THE STAUFFER POSTURE REST In the Janujry 19th SAT. EYE. POST Lose weight unwanted inches ef fortlessly in your own home with Stauffer Home Reducing Plan. For Information Phone 2-9260 or 3-4589 Ext. 1 BEGINNERS BRIDGE CLASS Y.M.C.A.'s Social Hall TUESDAY 1:30 P.M. Ladles are invited to learn to play bridge like the experts, using Goren's Point-Count bidding. Greek Cypriols Strike in Cyprus Nicosia, Cyprus (U.R) Greek Cypriots declared a general strike throughout Cyprus today and firemen battled to check four huge fires which swept through Greek-owned shops in downtown Nicosia. Police said the fires were set by Turkish youths to avenge the death of a Turkish policeman by a bomb tossed by a Greek Cy priot extremist. The general strike was called less than 24 hours after rioting Greeks and Turks clashed throughout the old walled city of Nicosia in the worst inter communal strife since last May. L il Electric fl WATER I L6 52 GALLON UPRIGHT WATER HEATER New lower price and famous Hotpoint Quality both Save You Moneyl f HEATERS . low Only City Appliance Co. 127 N. CENTRAL Across from Penney! PHONE 3-5306 f Your Perfect Servant, 1 In our part of the qreat Northwest, home-makers spell ELECTRIC CLOTHES DRYER with four letters Free Parking Right at the Door! 601 EAST MAIN PHONE 2-9169 START NOW Save H floK 'tCT- it I v n v T M Ef VV.h' HE WORLD'S GREATEST WIFE-SAVER saves time, saves lifting, saves wear and tear on clothes, c t . I I "N saves on ciornes ouyinq .... -z (especially in the families featuring kids) ho more buying six pairs of everything to get Junior through the week buy two wash them and dry them at night have them ready again in the morning . . . with towels, sheets, Junior's levis, and many other items, Clothes come from the dryer so smooth they don't need ironing ! SEE YOUR FAVORITE APPLIANCE DEALER ABOUT AN? CLOTHES DRYER TOMORROW ' ask about low cost ... ask for a demonstration THZ CALIFORNIA OREGON POWER COMPANY A Watern Company mwi mi aptratti by Wntent Ptoptt
