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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Feb. 3, 1958)
Federal Lottery to Get Funds For Treasury Opposed by Solon By A. ROBERT SMITH Mail Tribun Correspondent Washington What about federal lottery for raising funds to keep Uncle Sam out of the red? Percival F. B rundage, budget direct or for the Ei senhower ad min istration, a Republican who hates red ink as much as his party A. Robt Smita loves IO DOabl of balancing the budget, 0 wouldn't mind experimenting with something akin to a lot tery. What irks Brundaga thfit the chief "beneficiary of Oil the gambling that goc on in this country is th under world. He wouldn't mind if a little more of it could be scraped off the table into the U.S. Treasury. "I wouldn't mind experi menting with a bond issue with a redemption bonus or something like that," Brund age said last week. "But I don't think the secretary of ;the treasury would approve." British Bond Lottery He was apparently refer ring to the British bond lot tery. By this system, bonds are sold to the public at $2.80 each. They have a short redemption period, but no guaranteed interest payment. The lucky ones get the inter est some receiving as much as $2,800 and the others re ceive only their original in vestment. As for a national lottery, Brundage said he didn't think is was a practical idea. The day after the New York Herald-Tribune publish ed a front page story on this under the headline "Budget Head Suggests Federal Lot tery Bonds," Oregon's Sen. Richard L. Neuberger took the Senate floor "to state for the record my emphatic op position to the recent pro posal of Budget Director Brundage that we rely upon a federal lottery to collect funds for the U.S. Treasury." Tfcre Reasons Neuberger said the idea was Urong for three reasons: 1. It would tap the pocket books of our citizens not on the fair basis of ability to pay, but merely based upon who was the victim of a gambling neurosis. 2. It inevitably would en courage state and local gov ernments to depend upon a similarly unsound method of filling their coffers. '3. It would have an unfor tunate impact upon the na tion's standard of living, be cause many of those pouring their incomes into the fed eral lottery might be heads of large families with only limited financial means. The senator said he- thought Brundage would have done better to "speak out in favor of abolishing depletion allow ances for a few favored in dustries, or in favor of reim posing the excess profits tax on manufacturers of arma ments and munitions a tax which the Republican nation al administration unwisely permitted to expire." Quotes Director As for gambling itself, Neu berger quoted the director of the Chicago Crime Commis sion, in a book called "Gam bling: Should It Be Legal ized?" as saying "gambling is injurious to the morals and welfare of the people." "As I see it," Neuberger said, "a form of federal lot tery would put the imprint of the U.S. government on legalized gambling. The pres tige of Congress and the White House then would back such a proposal. Once the fed eral government had indorsed this kind of operation for rais ing federal revenues, how could we censor any states or localities which followed suit by legalizing slot machines, roulette wheels, pinball ma chines or dice games? Gam bling is gambling. How are you going to draw the line?" Neuberger said he found it "inexplicable that a man so highly placed in our national government . . . would sug gest the collecting of federal revenues from a national lot tery. How can a minor hood lum or corrupt magistrate now be assailed for voicing a similar proposal, when it has come from an office as influ ential as that of the presi dent's budget director?" The senators from Nevada offered no defense of their state's most lucrative source of revenue. . Baghdad Pact Remains Weak Despite U.S. Saving Conference Ankara, Turkey API The United States saved the Bagh dad Pact conference from ab ject failure. But the "Northern Tier" alliance is still a weak fledg ling which could be pulled apart by the conflicting inter ests and fears of its members Turkey, Iran, Pakistan, Iraq and Britain. As a collective security or ganization, the Pact still has a long way to go. It is beset by problems which often threaten ot obscure its basic purpose defense against the Soviet Union. Secretary of State John Foster Dulles, now en route home, was satisfied, however, that the four-day meeting which ended Thursday turned out better than he expected. Two key speeches by Dulles made the difference. The Moslem members re flected the changed atmo sphere in their closing speeches. When the premiers and foreign ministers met Monday in the still unfinished Turkish Grand Assembly Building there was a definite feeling that Dulles was bringing only himself to the conference, and that was not enough. In addition to their own in dividual troubles, the pact members tended to feel they were not getting either moral support or the money they needed from the U.S. to meet the Soviet penetration of the Middle East with its program of threats and economic aid. The turning point came Wednesday, the day before the conference ended. On the opening day, Dulles already had reaffirmed that U.S. "mobHe power" would be used under the Eisenhower Doctrine to back the pact members against any Commu nist aggression. Wednesday he surprised the Moslem members by of fering another 10 million dol lars for a project to improve wire communications be tween the Middle East capi tals. Loans Promised ' He held out the prospect of loans for other regional de velopment projects for Pact members from the American Loan Fund for Economic De velopment. The psychological impact of the promise went beyond the actual amount promised. Equally important, Dulles answered the claims of So viet "aid" with a detailed analysis of how much and how little it actually was com pared with aid from the U.S. and the Free World. It show ed plainly U.S. aid was far greater -than Soviet aid and it satisfied the Moslem leaders. The military part of the conference approved holding the .pact's first combined staff exercises by its new combined military planning staff in the near future. The planning staff is per haps only a small step toward a joint command, needed for NATO-like solidarity. But permanent planning to co ordinate the defense plans of the individual countries has just begun, and any joint staff is still a long way off. Home Building Barometer Of Business Conditions Br ELMER C. WALZER United Press Financial Editor New York HPI The stock jxchange firm of Green, El lis and Anderson regards the lome building industry as a barometer of business. Right noW says Miron Mac Namie, analyst for the firm, housing is one of the few areas bucking the trend and it "may be signaling a broad recovery by industry."0 MacNamie holds that hous ing often has shown strength when the economy has been in the doldrums and has also been known to slump when everything else seemed right with the world. He cites the situation of the twenties when the building boom reached its zenith in 1925 and then eased, fore shadowing the lingering de pression of the thirties. A much more recent ex ample, he notes the decline from the . 1955 high of 1.5 million housing starts rate set early that year and carried over to 1957, a decline that Woodland Owners Get $331,408 in Six Months Salem Farm woodland owners throughout the state received an income in the amount of $331,408 from the sale of forest products during the last half of the 1957 cal endar year through the assist ance of the farm foresters, ac cording to State Forester Dwight L. Phipps. He indicated that the pro ducts included in the sale consisted of 14,721,000 board feet of timber as well as 17, 000 pieces of piling, posts and poles. One item that has shown an increase each year has been the sale of Christ mas trees and floral products. During, the current season this was fixed at 541,729 un der the farm woodland pro gram alone, Phipps stated. Extend Advice During the six-month per iod the foresters extended advice and assistance to 727 woodland owners represent ing 31.492 acres of forest land. Within the area they demonstrated tree marking procedure to be followed by the owners in harvesting 3, 245,000 board feet of timbet as well as 725 cords of fuel wood, the forester added. "One of the rapidly in creasing activities of the farm forester is the work in con nection with the acreage con servation program and the conservation reserve pro gram," Phipps stated. "Un der the former the farmer is given federal reimbursement for following approved for estry practices such"- as plant ing, thinning, pruning and similar activities, while un der the latter he receives cost sharing reimbursement and annual payments over a per iod of years for taking land out of production and plant ing it to trees. "Under the acreage conser vation program the farm for esters have examined 622 dif ferent woodland areas and submitted reports to the coun ty committees. Under the lat ter, examinations have been made of 61 separate planta tions. "Just a short time ago the state set up a statewide pro gram under the conservation reserve program, with forest ers stationed at Salem, Med ford and Prineville. With this increased personnel we ex pect a tremendous increase in the activities under the con servation reserve program." foreshadowed the current re cession. "The economy," he says, "probably won't pickup a full head of steam before the fourth quarter of this year if then. So producers of build ing supplies will have to wait a while to recapture fully their peak earnings of 1954-55. "But there's no mistaking their better times. The pickup began in October last year, is gathering momentum. Predic tions agree on a total of 1.1 million housing starts for the year up seven per cent over 1957 and not bad for a start er." He estimates total private construction for 1958 at 35 billion dollars. Except for housing starts, he sees the big gest shot in the arm will come from government. This will include public outlays for schools, and roads. Add everything up, says MacNamie and the public and private building total will run to some 50 billion dollars. Housing will be the biggest beneficiary. Added to new housing starts, will be about 18 billion dollars in mainten ance and repair work. Also, he notes there are missile sites to be built "they are huge and call for many of the materials going into resi dential home construction." The firm favors the gypsum companies rather than ply wood companies or makers of asphalt products because the gypsum group has come out of its recent retrenchment with earnings pretty much stable and dividends secure. 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