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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.
Dead are the pilot and owner
of the plane, Henry J. Firchau,
34, Eugene: James Whitemore.
23, Blue River; and Donald R
Taylor, 27, Springfield.
The wreckage was not dis
covered until noon Sunday.
SI
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