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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 23, 1958)
14 Thursday, October 23, 1938 MAIL TRIBUNE, MEDFORD. ORE. Funds Coming in Ai Little Rock , : Little Rock, Ark.-OB-Dr. T. J. Raney, president of the Lit tle Rock Private School Corp., said today that contributions to his private, segregated in stitution are coming in at "a faster rate than ever before." ; Raney said the increased flow of donations makes the $600,000 estimated operating cost for the complete school year "seem perhaps not quite as formidable as before." He said he believed letters sent all over the country sign ed by him and Gov. Orval Faubus recently appealing for funds had been doing "a lot of good." The school is pres ently entirely dependent' upon donations but Faubus has hinted he may get the Ar kansas legislature to vote money for the school. - Seniors, 240 strong, held their first day of classes in the one-time .Methodist or phanage Wednesday. W. C. Brashears, private school su perintendent, termed the day "fine and according to schedule." Gordon MacRaeTells Of High Finance in Income Tax Hearing more than a "paper deal." , J several hundred to be tried The singer's case, one of here, was to continue today. Los Angeles (UPD Sineer Gordon MacRae told a tax court Wednesday how as a top-salaried Hollywood per sonality he had becomes in volved in high finance and borrowed SI million partly to salvage some of his earnings from iUncle Sam's income tgx bite. The handsome entertainer who said such deals were common among movieland's upper class, appeared in court to oppose a federal tax claim that he owes $139,938 in un paid taxes for 1952 and 1953. As MacRae explained the financial deal which the gov ernment has branded as "a fi- EXECUTIVE DIES Mount Vernon, N. Y.-UPD-Arthur C. Saunders, 60, gen eral manager of the Mount Vernon Daily Argus, died Wednesday after he under wenfan operation for ulcers. Saunders was the second Macy newspaper executive to die in the same day. Benja min H. Carroll, 49, editor and general manage of the White Plains Reporter-Dispatch also died. Nobel Literature Prize Awarded To Russian Novelist Stockholm, Sweden -IUPD-Boris Pasternak, a Soviet writ er whose best-known novel is banned in Russia, won the $41,250 Nobel literature prize today. The Swedish Academy of Literature cited Pasternak for his "important achievements in contemporary lyrical poetry and in the field of " the great Russian epic tradition." Ban Not Mentioned The citation made no men tion of the Soviet ban on his best selling novel, "Dr. Zhiv ago." It is uncertain whether he will be able to come here to receive his prize Dec. 10. The literature award 'is the first of this year's Nobel prizes to be announced. Prize winners in chemistry, physics and medicine will be an nounced next week, while the peace prize winner if any will be named later. Pasternak is the first resi dent of Russia who has ever won the literature prize. Ivan Bunin, the only other Russian to receive the award, was liv ing in Paris when he won it in 1933. , . Banned By Soviet "Dr. Zhivago," a novel de scribing nearly four decades of Russian life, was an im mediate success when it was published in Italy. It has since appeared in 18 countries out side the Iron Curtain, but it appears unlikely that readers in the Communist world will have a chance to read it. A few installments of the Pasternak masterpiece ap peared serially in the Soviet monthly Znamya, but publi cation was halted abruptly when the Kremlin decided to ban the book. Although Pasternak has lived in Russia all his life, he has usually kept aloof from the changing tides of politics which have affected the work of his contemporaries. The Navy's oldest boat in service is an unnamed 50-foot barge now flying the flag of Read Admiral Harold Davis Baker. It was built in 1912 at a cost of $12,000. HILO HATTIE and her Hawaiian Revue! at ilCCS CLU ThursdayFridaySaturday OCTOBER 30-31, NOVEMBER 1 2 Shows Nightly - ft & 1 1 Dancing From 9 to 1 From 7 to 9 P.M. Each Evening Pork for those who love pork Fish for those who love fish A delightful festive Hawaiian Buffet LUAU x$500 per Person by Reservation Only CALL SP 2-6247 Elks and Guests Only Dresi Informal or Dress Hawaiian nancial merry-go-round in a preconceived plan entered into solely for income tax purposes," he did little more than sit back and let the money roll in. Late in 1952, MacRae said, attorney Samuel Norton of Beverly Hills asked him how he'd like to buy $1 million in U.S. Treasury notes. Broker Assumed Risk "I said, 'Sure but where do I get $1 million," MacRae testified. "He said I could bor row the money and I asked him where in the world I could find someone to loan me that much. "He said he had a broker who would do it and assume the risk. He said I might pro fit by buying the government bonds and, in any event, it Prison Term for Woman, 86, Upheld San Francisco -(UPD- The U. S. Court of Appeals Wednes day upheld the one-year pris on sentence of 86-year-old Mrs. Helen A. Davenport, Ore., for conspiracy to use the mails in selling fraudu lent securities. Mrs. Davenport, one of a group of nine indicted, was convicted by a jury in con nection with the sale of $550, 000 worth of membership cer tificates in the Mt. . Hood Hardboard and Plywood' co operative. The memberships were as serted to guarantee workers continuous employment in a plant to have been construct ed. The appeals tribunaj said, "we believe the evidence is sufficient to sustain the guilty verdict." Mrs. Davenport was given the prison sentence by U. S. District Judge Gus J. Solo mon after a 12-day trial in Portland in 19571 4-H Club News Nimble Thimbelli The Nimble Thimbells sew ing and knitting club of last year met at the home of Mrs. Lucille Frink Saturday, Oct. 11. This was the organization al meeting- and since our club had grown so large we divi ded . ourselves into three groups. . ' Mrs. Frink will be the lead er for the knitting club. 'Mrs. John Anhorn will be leader for the first and second year in sewing and Mrs. Franek will be leader of the third year and up, sewing club. The new officers of Mrs. Franek's group are president, Colleen Franek; vice presi dent, Shirley Roach; secre tary, Carolee Kuest; reporter, Kathleen Frederick; song and flag salute leader, Kathy Thompson. Refreshments were served by Mrs. Frink. Kathleen Frederick Reporter BANK OFFICIAL DIES Norfolk, Va.-OJPD-Richmond P. Gardner, 58, a vice .presi dent of the Bank of New York, died Wednesday of in juries received an an automo bile accident near Norfolk last Saturday. 5-pc. Colonial Living Room $24950 REGULARLY $299.50 . ttwm.; )iM 7 L5; lv , - --- -- only I t ? ; nrmmvwniiniwit ! I I x ' I i i s - ' i r club cba Y sofa .C1 , tables 3 occasionalJ Wonderfully comfortable, wonderfully livable Early American furniture at prices to really delight your budget! Authentic styling, sturdy construction, and true deep-seating comfort Also Available in DANISH MODERN Svarlz Maple Shop 1213 North Riverside Phone SP 2-5972 would benefit my income tax "So I told him to go ahead," MacRae said. ,MacRae, who said he had earned "between $200,000 to $500,000" in the years from ARREST DEMONSTRATORS Cairo-flJPB-Sixty labor dem onstrators were arrested in Khartoum, Sudan, Tuesday for attempting to "attack" the car of U.S. Ambassador James S. Moose Jr., during an anti government demonstra t i o n, the semi-official Middle East News Agency said Wednesday night. 19ol to 1953, explained that he and his associates bought $5 million in government bonds and securities since 1952 and that the holdings re turned 4 per cent interest. The money, he said, was borrowed at 3 per cent inter est from Jack Bernstein of New York, head of Gibralter Enterprises Inc., which in turn had borrowed the money at l34 per cent interest from an undisclosed source. Capital Gains Claimed The singer testified he was able to list the 1 per cent earnings from the holdings as capital gains which he said was taxable at only 25 per cent compared with the 95 per cent in taxes he was paying on his personal income. Mark Townsend, chief coun sel for Internal Revenue, said the government would at tempt to prove that no securi ties changed hands in the deal which he charged was nothing Wt Give fT GREEN STAMPS CENTRAL REXALL DRUG Main and Central Dr. Orval Eaton, O.D. announces the opening of his NEW OFFICE in the Oakdale Professional Bldg. for the pactice of OPTOMETRY 408 S. Oakdale Phone SP 2-2060 You always get more from every dollar you spend at Penney's! I 2 Year Guarantee ELECTRIC BLANKET NEW SUPERSUEDE AUTOMATICS 1695 single control 72 by 84 inches 91 QR dual control li99 80 by 84 inches Penney exclusive control case has hanger, stand. Put on table or headboard. Acetate-rayon - cotton blanket machine washes.' mm mm l '"."f BOYS HOODED NYLON SURCOAT Value for boys, too! Jr. Boys 100 nylon surcoat with convert- 'ible hood and collar plus warm nylon quilt lining. Machine wash able.' Zipper closing. Red, navy, turquoise, charcoal and brown. Sizes 4 to 12. Penney's Famous Waffle Knit THERMAL . 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