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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (April 23, 1958)
Recession Said Only Temporary Dip in Overall Economy Growth Editnr's note: Arthur O. ritz president of CIT Financial Corp., is today'i guest contributor to Elmer C. WaJzer's "Financial Gossip" column, while Walzer is on vacation. By ARTHUR O. DIETZ President. CIT Financial Corp. Written for United Press New York HP! There is no use denying the fact that our economy has been ex periencing a recession not a critical one, but still a re cession. But we should not be blinded to the fact that the current recession is only a temporary dip in the long range growth of the economy. In a free economy such as ours it is inevitable that there will be some periods of lower levels of business activity. But eventually the forces of consumption reassert them selves and we again start an upswing in the cycle. If we had complete stability we could have no growth in a free economic system. How can we be confident that this recession will soon give way to further economic growth? Actually we should ask, how can it be denied? The Bright Future Within 10 years our popu lation will total 200 million, compared with today's 171 million. The gross national product will aggregate S600 billion, compared with to day's S436 billion. Disposable personal income will total S400 billion, compared with S303 billion now. There will be 132 million people of driv ing age compared with 114 million now. They will be op erating 90 million motor ve hicles, compared with today's 67 million. One family in every five will own more than one car, compared with one in eight now. We will have 50,000 miles of super highways, compared with the present 10,000. Past growth of the U. S. economy has been almost startling, but its periods of fastest expansion lie ahead For one thing, recent growth has come during a period of relatively few new - family formations, a reflection of the low birth rate of the 1930 s In the years immediately ahead, a virtual tide of new consumers, the millions born in the, years since the mid 1940s, will mature, marry, Yovr new cor h a gn of prosperity. Toke tiW wKm! and go places fa) o bSg way m this lowest-priced Rocket Engine car. Yov'll find exactly the riding com fort and handling ease you've wanted. Accept your OWsmobiU dealer's cordial invitation to Travel-Test the Rocket. Towtt discover that OLOSmobWity is really a brand-new way of going places. DARRELL MILLER CO., 415 S. RIVERSIDE TrE BEST IN NEW CARS... USED CARS... AND SERVICE! THE BEST IN NEW CARS... USED CARS... AND SERVICE! and demand housing, furni ture, clothing, durable goods, schools, utilities and the oth er things that go into the way of life they expect. These will be young people who have never known anything but plenty. Future Demands The demands of these mil lions of new families will spark tremendous increases in the production and distri bution of consumer goods and will push construction to rec ord level. I am confident that the best days of our lives lie in the de cade ahead. Meanwhile, as we experience one of the -rare "downs" in the ups and downs of our free economy, we must not abdicate our in dividual responsibilities as we look to others to do things to increase consumer spend ing. Temporary adjustments are unavoidable but the U.S. consumer will always respond to the right products, the right facilities. In every recession, there are always companies that progress against the tide, that report higher earnings and larger sales even though in dustrial averages are down and the business of their com petitors is declining. They il lustrate" the ability of the good businessman to meet the challenge of the times and to find ways against odds to get people to buy more of the products he is selling. The Family Council Editor's note: The Family Council consists of a Judge, a. psychiatrist, three clergymen, a newspaper editor, a women's editor and two writers. Each article is a summary ot an actual report. The Family Council does not five advice; it merely reports on problems that have been dealt with by responsible agencies and counselor. Jenny M. I'll never tell Mother things again. Mrs. L. M. If it concerned my child, I'd want to be told. Jenny M. My mother and I are having an awful feud and we want to know who is right. I am 15 years old and I go out with a very nice crowd of boys and girls. We aren't snobbish, but we're fussy about who comes into our group. Well, my mother want ed me to invite this girl, San dra, in on some of our doings. I told her my crowd wouldn't have anything to do with San dra because she has a very bad reputation for going too far with boys. Well, who would ever think that my mother would go and tell Sandra's mother? In re taliation, Sandra told a lot of things about us that just are not so. I told my mother I will never tell her things again be cause she doesn't know how Same Admissions Policy Urged at All State Schools Portland OP) Ore gon and Oregon State have been advised to work out an admissions policy for out-of-state students so that "a stu dent admissible to one would also be automatically admis sible to the other." The recommendation came in a committee report from Earl M. Pallett, secretary of the State Board of Higher Ed ucation. It resulted in an exchange between presidents of the two schools at a board meet ing this week. Charges Made The report came after charges were made that out- of-state athletes whose records have been turned down by Oregon were admitted to Ore gon State. Dr. O. Meredith Wilson, Oregon president, termed the recommendation "a consum mation devoutly to be wished." Dr. A. L. Strand, Oregon State prsident, asked why it was that Oregon State had only about 19 special students on its rolls and the University about 200. Dr. Wilson said the Univer sity cannot be charged with using the special student cat egory to admit athletes. He said of the 225 special ARRIVING in Port of Spain, Trinidad, Princess Margaret will officiate at birth of West Indies Federation, newest member of British Common wealth. (International) students this year, 181 are registered at Northwest Chris tian College where they do theological work, and that 31 were foreign students who ar rived with less than typical transcripts. He added that 35 had been admitted to Oregon State with what the Univer sity termed "glaring deficien cies" and "one of them will play against us next fall." Dr. Strand said, "In years gone by this has worked the other way." Dr. Wilson said, "I would rather not have commented on this, but it seems it will appear in the press again un less something is agreed upon between the schools. The committee report show ed some differences in the general admissions policies on out-of-state students, mostly of procedural nature. About three-eighths of Mon tana's land is owned by the federal government. 1 k 3-FIY ...on AMCY THAT'S RIGHT. Only 1 patient out of 3 is a subscriber. The other two must pay. Any resident living within 150 miles of Medford, Ore gon, can and should be a subscriber to Mercy Flights. At $4 a year per family, it is the only way that a wage earner can afford air ambulance service for his family. Accidents don't just happen to "someone else." The most common comment by Mercy Flights patients is: "I never thought that WE would need Mercy Flights." If the time ever arises when your family Is saying this, wouldn't it be better to be a subscriber? For a non-subscriber, the fee is $70 for every 100 miles the patient is flown. lor FREE FOGHTTS! NO OTHER AREA . . . In the United States has a service like Mercy Flights. The three twin-engine planes are operated for only one rea son, and that is to save your life. Don't wait until it's too late! If you are not a subscriber, send your $4 today to: MERCY FLIGHTS, INC. Box 522 Medford, Oregon Published as a public service by the Medford Mail Tribune to keep a secret. My whole crowd is angry with me be cause the things Sandra has been saying have been getting around. Mrs. L. M. I am not a woman who goes in for gos sip of any sort, but when it comes to these kids it's differ ent. Wouldn't I want some body to tell me if things like that were happening with my daughter? It's a fact that par ents are often the last ones to know when something ser ious is going on with their children. Sandra's mother had often told me she can't understand why her daughter does not go around with this very nice crowd of Jenny's. I knew she was worried about her daugh ter. Probably she suspected the truth, but couldn't know for sure. Of course, now Sandra's mother is sore at me and claims to believe' her own daughter, but that's what you get for trying to do good. At least I can feel that I've ful filled my responsibility. San dra's mother can take it from there. The Council : We are 100 per cent on Jenny's side. This story should never have been repeated. Mrs. L. M.'s only "responsi bility" is toward her own daughter. It is not her duty to report hearsay to other par ents. Part of Mrs. L. M.'s re sponsibility toward her daughter involves knowing how to keep a secret. If Jen ny knows she can trust her mother, the channels of com munication between them will always be open. Mrs. L. M.'s action may have closed a very vital link with her daughter. When a relationship of trust and understanding evists be tween parent and child, it is not necessary for the parent to rely on untrustworthy re ports from the outside. If this relationship is. gone, the par ent has little control over an older child. Sandra's mother is acting wisely when she chooses to stand by her daugh ter and reject the gossip about her. Any uncertainty she may feel in her own heart is best kept in those inner recesses. Mrs. L. M. doesn't seem even to entertain the possibili ty that Sandra's stories about Jenny's crowd could be true. We aren't suggesting that she think differently, but we want to call her attention to the fact that we are all prone to believe what we want to be lieve and seldom seek proof. Gossip is gossip even "when it comes to kids." (Copyright 1958. General Features Corp.). Always a Treasure Derive deepest pleasure "painting" "this masterpiece. Its great beauty will inspire your family and friends who visit your home. Easy needle-point heir 1 o o m to treasure. Pattern 7 3 4 7: transfer 9Vi x 12 inches, color chart, key; ex tend border to enlarge. Send THIRTY-FIVE CENTS (coins) for this pattern add 5 cents for each pattern for lst-class mailing. Send to Medford Mail Tribune, House hold Arts Dept., P. O. Box 168, Old Chelsea Station, New York 11, N. Y. Print plainly NAME, ADDRESS, PAT TERN NUMBER. Send TWENTY - FIVE CENTS more for a copy of our Alice Brooks Needlecraft Catalogue. Two complete pat terns are printed right in the book . . . plus a variety of designs that you will want to order: crochet, knitting, em broidery, huck weaving, quilts, toys, dolls. MAIL TRIBUNE, Medford, Oregon, Wednesday, April 23. 1958 3A -r - PRESTO AUTOMATIC Square Skillet Newest family size square model skillet, completely immersible. COMPLETE skil let, control and cover. REGULAR PRICE $23.15 Anniversary 1188 Price I"T REVERE SAUCE PAN Copper clad stainless steel 2 quart Revere sauce pan and cover. Save 40. REGULAR PRICE $7.50 Anniversary Price $4 49 U COSCO STOOL Kitchen I.- Jder stool, chrome legs, rubber step treads. Pink or yellow seat & back. REGULAR $12.95 Anniversary Sale $8 49 WHITE TOILET SEAT Solid pattern toilet seat. White baked enamel over wood frame. Chroma plated brass hinges. REGULAR PRICE $5.25 Anniversary Price $3 50 ENDS SATURDAY.. Hubbard Bros. 74,h J I J Don't Miss These Big Values fi0 I I I J Drill Set V SB PB7. Six size steel drill set in I I flf llf f plastic holder. 116" to 14". I IMM B )j EDMONT-SNORKEL Gauntlet Gloves Plastic coated gloves, impervi ous to sprays, oil and grease. REG. PRICE $1.35 PR. 95 Anniversary Price REGULAR PRICE $1.45 Anniversary QQd Price W7 f Hurry! Prices Good Thru April 26 Only! Door Butts 3Vi" x 2Vi" button tip door hinges. Dull brass finish. REGULAR PRICE 55c PAIR ANNIVERSARY PRICE Buy Now... SAVE! 37" Pair SCREEN Door Guard Black finished steel guards for screen doors. Adjust to any width door. REGULAR PRICE $1.95 ANNIVERSARY PRICE 51.10 BOYCO GARDEN CART Boyco in Two Wheel Garden Cart. Heavy gauge for hard usage. Molded one piece rubber tires. REGULAR PRICE $8.95 ANNIVERSARY PRICE $6.79 FIBERGLASS TACKLE BOX Completely rust proof light weight. Two cantilevered trays with vari sized compartments. Inside dimen sions 16x7x7. Fiberglass won't break or dent. REG. PRICE $14.25 Anniversary $g 59 SESAMME Combination Padlock Sesamee is the combination padlock whose combination number may be changed at will. Four digit number is safe but opens fast. 3.10 Regular Trice $4.75 $ Anniversary Price Hedge Shears True temper hedge shear with 8 Inch serrated blades, notch for cutting heavier branches. $3.19 Regular $3.75 Anniversary Price E WAVE Sprinkler Sherman Model J wave sprin kler covers as much as 40'x50' and gets in the corners, too. Operation is adjustable for smaller areas. REGULAR PRICE $8.95 Anniversary Price 5.97 HOSE RACK v Keep hoses and plastic sprin klers up out of the way with a wall hose rack. Won't kink hoses. Holds several lengths. REGULAR PRICE $1.00 Anniversary Price 69 2 Mi INCH PAINT BRUSH Natural bristle ox hair in popu lar 2Vi" size for woodwork and furniture. This is a really high quality brush for smooth work. REGULAR PRICE $4.15 Anniversary Price $2.25 SPIN ROD No. 1325. 7 foot hollow glass two piece rod. Stainless guides, adjust able, screw locking reel seat. REGULAR PRICE $11.95 Anniversary Price 7.69 I Thar Electric Drill Model 20. Va" geared chuck drill with 2.5 amp motor. More power than needed for most drilling jobs. An outstanding value. REGULAR $18.95 ANNIVERSARY PRICE $13.99 Fisherman Pliers Manufacturer calls them jewelers pliers but it's fishermen who buy the small diagonal cutters and needle nose pliers with cutters. Chrome plated. Regular $1.10 ' JLQi ANNIVERSARY PRICE U7 Va" WIDE LUFKIN TAPE 10 foot, wide firm blade white face steel pocket tape. Genuine Lufkin quality. No. 9310. REGULAR PRICE $2.49 Anniversary Price $1.69 SPIN REEL No. 1901-C. Spinning reel, metal construction with nylon gears. Change from right hand to left hand wind in 30 seconds. Full bail model holds 125 yds. No. 6 mono filament. REGULAR PRICE $11.95 Anniversary f JF Price cXV I Saw Attachment For Vi inch drill saw up to 1 Va inch deep with a V inch electric drill. REGULAR $3.95 Anniversary Price BOAT WINCH Very compact, but will handle 500 lb. boat or other load. Base only 6"x3". Weighs 5 lb. REGULAR PRICE $8.50 Anniversary Price D.OV pnd WRENCH SET 5 piece open end wrench set in a holder. Ten sizes from Va" to Va". Chrome plated. Regular Price $2.89 ANNIVERSARY PRICE $1.89 Umbrella Tent 9'xll' umbrella tent with full screen door and windows. Full floor and door flap. Water proofed treated. Regular Price $42.95 ANNIVERSARY PRICE 31.50 "SWP" Sherwin Williams best quality out side house paint. Choice of gleam ing self-cleaning white or any stan dard color. REG. PRICE $7.40 GALLON Annniversary Price $C Q Price Gallon Jill QUARTS Regular Price $2.35 ANNIVERSARY PRICE $1.79 TRAILER HITCH Ball and socket hitch of malle able iron construction. For 3000 lb. load. Durbin Durco. TH-100. REGULAR PRICE $3.25 Anniversary GALVANIZED SWITCH BOX Wall box with wire holder clamps for switches and wall receptacles. REGULAR PRICE 40c Anniversary Price 26 OAKLAND WOOD HEATER Model 5523. Circulating heater for' smaller houses. REGULAR PRICE $95.95 Anniversary Price 69 95 6 FOOT STEP LADDER Most of the features of the high priced ladders. Can't split top, grooved steps automatic shelf lock. REGULAR PRICE $6.95 Anniversary Price $3.99 Plastic Sprinklers Swan brand TRIPLE tube plastic sprinkler- soaker for lawns and gardens. Turn it up, it sprinkles, turn it down, it soaks. 50 ft. length. Regular Price $4.95 ANNIVERSARY PRICE Same Sprinkler, 25 feet $J fl"f Reg. Price 3.25, Anniversary Price ' $3.77 GALVANIZED Garbage Can Big 29 gallon tapered garbage can and eover. No. ST293. Galvanized sheet construction. Regular Price $6.95 ANNIVERSARY PRICE 4.89 5) ITQ Jl(G!n MAIN and RIVERSIDE PHONE SP 2-61 89 MEDFORD, OREGON n ILU 5) o)SA BROS.. D Free CsBvory Within Medford City Limits $1.00 or More! K Ll PL stf4 ST. L
