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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 20, 1958)
Editorial Comment UNREASONABLE OFF-LIMITS Salem is not off limits to Russians after all and Igor Besrodni," concert violinist, will be permitted to play at Willamette University next March 11. Original announce ment that " Russians were barred from Salem was a mistake. On top of this word from the State Department this week comes a New York dis patch saying that Soviet pian ist Vladimir Ashkenazy will not be allowed to give a re cital in Brooklyn, but will ap pear twice in Manhattan this month and next. He will not play at Newark, N. J., either, but he did play with the Na tional Symphony Orchestra in Washington, D.C., last Tuesday and is scheduled to perform in 17 U. S. cities in all. These bits of news demon strate how utterly silly is the State Department's declara tion of Jan. 3, 1955, placing certain areas of the United States off limits to Russians. The declaration lacks all basis in reason, as is shown by the fact that the State De partment did "not know whether it was safe or unsafe for a Russian to view the Pio neer on top of Oregon's capitol. By no stretch of logic can it be argued that a Soviet cit izen may safely play the piano in Manhattan but not in the neighboring borough of Brooklyn. If it is all right for him to appear in the capi tal city of the United States, why is it dangerous to permit him to do soin Newark? The State Department does not pretend, of course, that the off-limits ban is based on logic. It is simply retaliation for similar barring of Ameri cans from certain parts of Russia. It's a town-for-a-town proposition. Since we profess to have discarded tooth-for-a-tooth rstribution in other fields, why not abandon town-for-a-town retaliation in the cold war? The-fact that the Soviet Union is unreason able does not require that we be the same. -Portland Ore gonian. - Among previous chairmen have been such big names in higher education as Conant of Harvard, Morrill of Minne sota, Case of Colgate, Hancher of Iowa and Heald of New York. Election to this position confirms Mr. Wilson's place in the front rank of American educators. It is proper that this should be. Mr. Wilson's long-range program for improvement of this university has, wisely, been to attract distinguished educators to the faculty. He believes a good faculty at tracts more good faculty, and that a good faculty is the es sential ingredient in a great university. Professors at the University of Oregon can know that the boss is setting the pace. Eugene Register-Guard. THE PACE SETTER - Not to be underestimated is the honor accorded the Uni versity of Oregon's President, O. Meredith Wilson, and the university he serves. Mr. Wil son was elected chairman of the American Council on Edu cation, the principal associa tion of college administrators in America. The, roster of the council is the roster of Ameri can higher education. Portland Reserve Officers Killed Portland -(UPD- Two Port land reserve officers were in jured fatally Sunday when a two-seat National Guard L-19 liaison plane crashed on take off at Portland International airport. The victims were Lt. War ren C. Hunter Jr., of the Na tional Guard and Lt. Charles R. Hornecker, 26, of the Air Force reserve. Hornecker was killed instantly and Hunter died a short time after the crash. , Airport control tower per sonnel said the plane started to climb in a normal takeoff when the nose veered up. The light craft suddenly "fell-off on its left wing and plunged to the ground from ' an alti tude of about 150 feet. The plane burst into flames and crash crews were called out to fight the fire. Then the flames were put out and crews had to cut through the twisted metal to extricate the tw.o men. Hurtter, a salesman for Northwest Orient airlines, was single. Hornecker, an em ployee of Pacific Telephone and Telegraph company, was married and had one child. Hunter's father, Dr. Warren C. Hunter, is head of the path ology department at the Uni versity of Oregon medical school. Lt. Hunter helped ar range the recent exchange of Oregon beavers for Russian bears at the Brussels world fair. St. Louis (UPD Paul Beis man, 60, general manager of the St. Louis Municipal Opera, died Sunday of lung cancer. In Ihe Day's News By FRANK JENKINS Senator Hubert Humphrey of Minnesota takes issue with President Eisenhower's desire to remove foreign policy dis cussions from political cam paigns. In a press conference at Los Angeles, he says: "It seems to me that if we were to follow the advice of the President all the way, it would mean that all who ex press a different point of view on foreign policy would be hushed up." He adds: "Our country nearly in volved itself in a Chinese civil war by its Formosa strait action ... To stake the prestige of the United States on the- defense of the Chinese offshore islands is incredible folly. Militarily it is precari ous and diplomatically it is indefensible." I ALWAYS find it difficult to agree with Senator Humphrey, but on this partic ular occasion he has a point. The Formosa situation be came critical in the midst of a bitterly fought political campaign. It came to a head after the congress had ad journed. NOTHING comes closer to the lives of all the people than foreign policy. Foreign policy can represented the difference between peace and war. Since a nation's foreign policy can represent the dif ference between peace and war, it follows that there are two essentials of a successful foreign policy: 1. It must be UNDER STOOD by the people. 2. It must be SUPPORTED by the people. If the foreign policy of their nation is to be under stood by the people, it must be hammered out on the anvil of PUBLIC debate: N IT MUST be agreed, I think, that the floor of congress is the ideal place to debate a foreign policy that may result in war. In a former congres sional debate both sides df the issue can be intelligently and thoughtfully presented. The people can listen and form their own conclusions. But 1 In this case The congress had ad journed. 'A political cam paign was already well under way. Even if the congress had been called back intd ses s i o n, the ensuing debate would have been highly polit ical in all of its aspects. Under the circumstances- Usual Hue and Cry Against Speculators Again in Evidence By ELMER C. WALZER UPI Financial Editor New York-IPD-The usual hue and cry against specula tors that appear each time there is a m a r g i n in crease is in the air again. One can speculate i n real estate, in soybeans, in 'J diamonds, ; or in paper cups no one Elmer Water says anything about it. But when one spec- ulates in stocks or bonds, the politicians and other observ ers make it sound like some thing illegal or just plain bad. - All sorts of things are being said about the people who re cently speculated in govern ment bonds and got their fin gers burned. . Now that margins have been boosted to 90 per cent by the Federal Reserve Board there is talk that speculators have been sending - stock prices soaring to the detri ment of the economy. Wall Street points out that Paul Butler I nvites Anti-Civil Rights Democrats To Quit Washington-IUPD-The Demo crats' smoldering civil rights fight broke into the open to day with a blunt invitation by Democratic National Chair man Paul M. Butler to anti civil rights Democrats to quit the party. Butler said the racial issue requires "moral leadership" and predicted there will be "no compromise" on a strong civil rights stand in the Demo crat platform in 1960. "Those in the South who are not - deeply dedicated to the philosophies of the Demo cratic Party will have to go thefr own way," he declared. . . . "If they don't want to go along on the racial problem and the whole area of human rights, then I think they are going to have to take political asylum wherever they can find it, either in the Republi can Party or a third party. . . Smaihers Raps Butler "I would say anyone who is unwilling to accept the plat form of the Democratic Party in 1960, and anyone who is going to stand up in America today and say we are going to resist the decisions of the Su preme Court, and we shall not recognize the principles of law and ' order upon which this nation exists, then I cer tainly would hope they would take leave of the Democratic Party. . ." Sen. George A. Smathers (D-Fla.), in charge of the cam paign to elect Democratic sen- About all that could be done was to carry the debate into the political hustings. ator Nov. 4, promptly accused Butler of dividing the Demo cratic Party at a time when its primary need is unity. "I think the time has come when the , chairman of the Democratic National Commit tee should start spending his time pointing up the unity of the Democratic Party rather than its division," Smathers told United Press Internation al in an interview. "A leader is supposed to gather his forces, not divide them. 'I think his (Butler's) time would be better spent as sisting our candidates to get elected , than this continued pontificating about what's go ing to happen in 1960. "What we need is unity, not dividers. What we need are peacemakers,, not agitators." From other highly - placed Democratic sources came the suggestion that the time is near at hand when Butler snould be replaced by a na tional chairman capable of healing the Democrats' civil rights split rather than in flaming it. Some influential Democratic quarters, notably the party's congressional lead ership, have made no secret of the fact that they hold But ler in something considerably less than high esteem, However, Butler's strong civil rights stand will find supporters also within the Democratic Party. Some pow erful Northern Democrats feel their party must take an un equivocal pro -civil,, rights stand if it is to prevent further loss of Negro votes - and cap ture the presidency in 1960. ' little speculation can be done with margins at 70 per cent and practically none with them at 90 per cent. The cur rent market practically is on a cash basis, these experts assert. Speculation Necessary , There still is speculation in the market definition of the word. Suppose someone buys a non-dividend payer in the hope the price will appreciate and he can make a profit. That's one form of specula tion as opposed to investment where one buys a stock for income. Short selling also is classed as speculation. ' i Both these types of specu lation are considered highly necessary for a liquid market. The investor can find buyers for a stock he wants to sell. The speculator helps produce activity . and' keep the market in a narrow area.; Without speculation, there might wefl be very wide changes in price between sales, it is pointed out. And those government bond speculators did a big service for the Treasury too, according to Aubrey G. Lans ton, dealer in governments and head of the firm that bears his name. Helped Treasury Sales Speaking , of Treasury fi nancing over the past 15 months, he says: "The Treasury invited the speculators to underwrite its offering of securities with a term past one year and with out a good dose of speculation the Treasury would not have been able to sell- the $26, 500,000,000 of such securities that it sold during the 11 months ending last June." He cites several other gov- American Fliers On Rait Sought Agana, Guam - (UPD -Planes and ships scoured the Pacific 155 miles west of Guam today in search of three American fliers on a life raft. They were thought to be crew members of a U.S." Navy KJ2P plane downed with what was believed to be a crew of four. A military rescue plane sighted the life , raft Sunday afternoon, but scanners only had two or three seconds to glimpse the raft. Earlier, a commercial plane had spot ted two flares in the area. Navy officials were con vinced that the men are still afloat. They launched the big gest around the clock search of recent years in the area. During the night planes and ships watched for flares and helicopters hovered with powerful searchlights. How ever,, the hunt was hampered by rain and choppy seas and more rain and wind was ex pected. The Navy said the plane was 'based on Guam, but did not release the names of crew members. MAIL TRIBUNE, MedfereV Ore,; Menday, October 20, 1 958 $ labor camp here Sunday, kill ing one person and -injuring 20. - The twister caused an un determined amount of dam age. It destroyed some 50 Negro workers' homes, top pled two Florida- East Coast railroad box cars and tore down power lines. More than $50,000 damage was reported at a small ariport where eight: airplanes were demolished and one damaged. Killed was John Gray Jr., 70, a Negro farm , laborer. Highway Patrolman Register Windham said: "The tornado picked up his entire house and dumped it more than 400 yards away." Tornado Strikes Migrant Camp Pahokee Fla.-(UPD-A torna do swept through a migrant says were successfully sold "because of the speculative appeal the Treasury tailored into the offerings." He holds excessive specula tion tends to. be self-correcting and doesn't believe spec ulation will enter the Treas ury security market as freely as it did before because of the heavy losses to speculators ernment offerings which he recently. . N SPECIAL NOTICE EXCLUSIVE DISTRIBUTORSHIP available in this county. A wholesale business which will provide unlimited income.1 Products sold nationally for over quarter century with an unconditional money back guarantee. NO SELLING OR BUSINESS EXPERI ENCE REQUIRED as training is provided. Part time applicant considered to start. No age limit but must be in good health. YOUR OPPORTUNITY TO HAVE YOUR w OWN BUSINESS AT NO RISK Company representative will interview by personal appointment . only, persons of integrity and financial responsibility. Minimum of $1500 required for merchandise inventory only,. FULLY RE FUNDABLE AS PER WRITTEN AGREEMENT. No equipment to buy. If you are sincere and can qualify please write giving brief history, family status and PHONE NUMBER. Write Box D-5570, Mail Tribune. Service When You Need It.., that's the kind of service that counts the most, and it's the kind of insurance service you can get only from a home town agent who is always nearby, eager and able to serve you. We're independent businessmen not em ployees of an insurance company. We advise you according to your best interests and when you have. a. loss, we represent you and you alone. ,.' For the protection and service you need, see your local independent agent . . . who serves you first. - :- , ft mvJTJdepemfeat iKunndjl AGENT ginvii ve hiu 1 '...H.m. 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