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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 25, 1957)
1 ,1 J o o o o L rDUHTEEW MEDFORD (OP.EGOn MAIL TRIBUNE Tueedar. June J5. 19S7 Kiichcock, Ohmart Get GOP Posis; Phil Lowry Named Quotes From the News Phil Hitchcock, Portland, and Ohmart, Ssicm, have been named che.rrr.en of tvio new commit' .hich miil work under direction of the ican sta'. centra committee innouncemc-r.t of the appoint By UNITED PRESS V.'illiarr.sburs, Va. President Eisenhower, on the decline of states' rights and responsibilities: "I believe deeply in states' rights, but it is idle to champion states' rights without upholding states' responsibilities as well." ! Sun Valley, Idaho Loui( C. Wyman. president of the National i Association of Attorneys General, on recent Supreme Court deci- '. finni ralatinn 4a inhiiarciva a tr i ti ao Hepubl-' ':Tha Hori.inn. hava i thai ITnita ;ii.. harlr out. i- its attempt to make certain that those loyal to a foreign power cannot create another Trojan horse here." m . . . . New York James Norris, president of the International Box ing Club of New York, on a federal court order that the IBC be dissolved: "I I s'ay in boxing, whether we appeal or don't even if it's only in the Midwest." Washington Rep. Stewart L. Udall (D-Ariz.), reporting that Other members of Hitchcock's; one Arizona farmer will receive a government check for S209.710 merits was made Monday b' GOP State Chairman James F Short, Salem. j O Ohmart heads a group on. "information" while Hitchcock; 9 chairman of a "candidates as-j tiijance" committee. Jnmmittee include John Mer tM;ld, Jack Lynch, Elizabeth (C'arson Saylor, and Mrs. Paul aigitry, U of Portland; Ed i E. Con and Ray Coulter. Suger.a: Phillip Lowry, Med Joro; '';ter Lth, Monmouth; Anthony Yturri, Ontario; John Jiounec-il. ilnod River; B. A S'-vr, Rnd; Marian Wright. Tjut; CLrence R. Neuman. North B-nd, nd rred Phillips T. RM'.ir.g. 1V'mnri of the information (EOmmittr include Rudie Wil helm, Jr., Shirley Field, Kath Co P. Johnson, and Walley hunter, a'i of Portland; Wayne Qifey. Monroe; Warren Gill Lebanon; Giles French. Moro: Al 6n Baker Jr., Eugene: Tom Pur ee:i, Gre?ham: Phil Bladine. Mc SJjnneville; Al Loucks, Salem; ioeeiphine Kittredae. Klamath ' f"all: aiarjon Wagner, La Grande, nd Robert lngalls, Cor-1 SSIIis. li Snort t;ti th candidates com ftiittc will b responsible for ncourain candidates to file "ard to asist thm with thcii eamp:Jre. It iil i'.so consider t a blishment of speaker's bureau. Tha i a ta rma'ion committee will tjfc responsible for develop ing 8n information proEram for the GOP anfl will consider estab lunment of a party news organ and public r a 1 a tions and re March bureau. lVtt group, enl a previous ly damel policy and action committee. Will organize at an :eveninfc meeting in the Senator Jieel 10 ?8m on Thursday. under the administration's soil bank for not planting cotton: we shjould com a new term 'boonswoggling' to cover the manipulations of some of these farmers who are attempting to hornswoggle the taxpayers of the United States." Psychology of Quick Stock Market Deals Can't Be Fanthomed By ELMER C. WALZER United Press Financial Editor New York W Why do peo ple buy stocks one day and then I serve of the discount rate. Sfeyenson Visits Doctor Schweitzer Brazzaville. French Equatorial Africa W Adlai Stevenson said Monday Dr. Albert Schweit zer is "gratified'' by the world wide reaction to his warnings on the dangers to humanity from atomic experiments. Stevenson, who is on a tour of Africa, visited the noted physi-cian-philosopher-musican at his jungle hospital. Schewitzer recorded an appeal for the end to nuclear weapons tests in April. Stevenson said Schweitzer felt his views were not as widely publicized in the United States Britain ajid France as elsewhere. "But he feels that his declara tion may have encouraged scien tists to express their views more freely," Stevenson said. used to it by now. In fact, there was suine impe mr ine ouns in retention by the Federal iRe-! WRTTTft ilCS Cranford, a. J. t Percy L. S'i.iW. 84, a former New York licw'taperman anfl a writer of Jirtion an1 eerse. died Sunday J'.ght after a long illness. Salefi Agriculture Di revtor 'Eoert J. Steward has ap piir.tr Dr. J. D. McKcllar of Casey. 111., as a new assistant 'a:e veterinarian. turn around and sell the market the next? That's a question Wall Street hasn t been able to answer. There is a certain psych o l o g y about it that can't be fath omed. Certain little or big Elmer Walzer items touch off the selling or buying. So far the market has been able to recoup quickly following a rising trend that has been in progress since mid-February. Market men do have some def inite ideas on certain points where sellina is likely to be en countered. They had warned that at the recent market high a sizable amount of profit taking could well develop and it did. Saving Grace The saving grace was a drop in volume of trading which in dicated there wasn't a great deal of selling going on. And this selling was accom panied by some items that weren't too well liked in the financial district. Tight money may have played a part, but the street has become pretty well i A further cut in copper prices, ! also a market depressant, was not unexpected in view of the j weakness in copper abroad. j Utility rate cuts in some sec- j tions of Florida had some influ ence in the selling of utilities.! And this isn't too new an action I either. thus there wasn t too much potence to the week's news to account for the decline. Even the Air Force warning there would be cutbacks ahead has been heard before. 'Let's Be Realistic' In this connection. Standard & Poor's noles that disarmament talks creating uneasiness in some quarters, and comments as follows: "Let's be realistic. The trend of defense spending is upward. It is currently runnine at an an nual rate of about S38 billion and seems headed for S40 billion or more in the next year or two, notwithstanding the present economy drive. "We don't trust the Russians and they don't trust us. Any con crete moves toward disarma ment will come in small steps, perhaps starting with a ban on atomic bomb tests and recipro cal inspection of remote areas." Three Killed in Crash Of Plane in Cascades Springfield, Ore. dpi Three men were killed in the crash of a late-model Beechcraft Bon anza plane late Saturday eve ning at the isolated U.S. Forest service airstrip about four miles east of McKenzie bridge in the Cascade mountains of Lane county. 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