Medford mail tribune. (Medford, Or.) 1909-1989, December 28, 1958, Image 2

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    2 MA ft TRIBUNE, MedW. Oregon, Sunday, December 28, 1958
SPACE STATION Artist's conception depicts an intermediate stage in the establish
yment'of an Atlas space station 400 miles above the earth. The station, proposed
by the Convair Astronautics division of General Dynamics Corp.,' producers of the
Atlas ICBM, would provide an early capability for proving long-term human ex
istance in outer space. Basic structure of station is the propeUant tanks of the Atlas
(left). An inflatable capsule, which will form the living quarters aboard the station,
is being removed from cargo ship at right.
Financial Editor Tells
Of Currency Move in
Br ELMER WALZER
UPI Financial Editor
New York -(UPD-Ten nations
yesterday said to the United
States in effect "we will trade
with you and stand ready to
pay you in dollars the differ
ence between what you buy
from us and what you sell to
us."
In other words, we will be
able to get our money back
as due in dollars from Great
Britain, France, Germany, Bel
gium, Luxembourg, The Neth
erlands, Norway, Sweden,
Denmark and Italy.
It all started when France
elected to devalue its franc
Senators Propose
A Thorough Probe
if Airfline Strikes
Washington -CPD- Key sena
tors in both parties joined
yesterday in proposing a thor
ough Senate investigation of
the overall problem of airline
strikes and their impact . on
the public interest.
Chairman A. S. (Mike) Mon
roney (D.-Okla.) of the Sen
ate Aviation subcommittee,
said he would be willing to
hold hearings in the new Con
gress. But he emphasized that
the subcommittee, had no in
tention of performing any
strike-breaking role.
Sen. George A. Smathers
(D.-Fla.) a subcommittee mem
ber, first proposed the inquiry
as strikes against American
and Eastern airlines kept the
two big air carriers grounded
Court Records
MUNICIPAL COURT
Norman Edward Kubli. improper
left turn, S5. , .
William Butler Henderson, viola
tion of basic rule, $10.
Raymond Rex Note, disobeyed
affir signal. 5.
. John Peter Grelinger. no Ore-
ion operator license. $10.
Doyle Homer Branson. 509 Ore
gon st.. Jacksonville, reckless driv
ing. S25. . ,
John Anderson Howard, viola
tion of basic rule. $10.
Daniel Paul Andrews, violation
of basic rule. $10.
Herbert Roy Mark Clevenger,
disobeyed red light. So.
Donald Conrad Larsen. improper
right turn and disobeyed red light.
William Doyle Pennington, vio
lation of basic rule. iu.
Michael James Sopiwynk. dis
obeyed traffic sign, $5.
Thomas Eugene Davis, Jr., dis-
ntwvwl -traffic 10.
Woodrow Lincoln Brock, viola
tion of basic rule. $10. .
Nathan Andrew Parnsh, viola
tion of basic rule, $10.
Denver Ralph Ladd, following
too close, $10. .
Orville Daulton Milburn, viola
tion of basic rule. $10.
Wililam Marion Stragey, dis
obeyed red light, $5.
Stanlev Grant Ricks, expired op
erator's license, $2.50; improper
lane usage, $5. ;
Leslie Edgar Fens, violation of
basic rule, $10. -
Ronnie Lee Hayes, violation of
basic rule. $10. ,
Carl Charles BohL disobeyed red
light. $5.
Charles Alvin Coffeen, failure to
yield right of way. $10. .
Richard Victor Kengla, violation
of basic rule. $10.
Audrey Maxine Blessing, viola
tion of basic rule, $10.
August Henry Rode, disobeyed
atop sign, $5. ,
Burdette Lynde Dodge, disobeyed
atop sign. $5.
Francis Ravmond Mayfield, tail
ore to'yield right of way. S10.
Thomas A. Rupp. disobeyed atop
sign. $5. .. .
Garry Franklin Hart, disobeyed
red light, $5.
DISTRICT COURT
Arlie C. Carter, failure to dim
lights. $7.50.
Cecil L. Johnson, overload. $197.
Gary B. Cain, driving motor
vehicle while in the embrace of
another, $6.
William P. Rollins, operating
wrong way on a one-way street,
15-
MARRIAGE LICENSE
APPLICATIONS
Barry Eugene Baer. Fonderosa
at. Central Point, and Virginia Ann
Bean, Phoenix.
David Richard Bliss, box 56,
Prospect, and Sheila Dee Dolen
shek. Trail.
Francis Burton Adams. Maywood.
Calif., and Terry Ann Hughes. 36
North Peach sU
3 -SB-i' r4
from 420 to the dollar to 493.
70, a devaluation of 17.55 per
cent. Such devaluation, of
course, makes it easier for us
to buy goods from France than
to sell goods to France.
France made the franc con
vertible to dollars at the new
rate.
Similar Agreement
The other nations made a
similar agreement without de
valuing their currency. Brit
ain restricted its dollar con
vertibility to foreigners and
not its nationals who might
want to leave the country.
France made its move as the
time approached for operation
through the holiday season.
Sen. Andrew F. Schoeppel
of Kansas, ranking Republi
can member of the subcom
mittee, heartily endorsed
Smather's proposal. "I agree
with him 100 per cent," he
told United Press Interna
tional. Public Utility
Schoeppel said the airlines
actually had become a public
utility. "To have these con
tinued strikes is becoming a
serious problem and is not in
the public interest," he added.
The Kansan who will be
the top GOP member of the
Senate Commerce committee
in the new Congress, said the
group should "take a good
grank look" at the problem
with a view toward legisla
tive recommendations.
The Commerce committee,
headed by Sen. Warren G.
Magnuson (D.-Wash.) has juris
diction over all aviation mat
ters. It is the parent body of
Monroney's subcommittee.
A Proper Area
, Sen. Alan Bible (D.-Nev.)
another subcommittee mem
ber, said he would "certainly
go along" with the hearings.
"It appears to be a proper
area for the subcommittee to
take a good hard look." Bible
told a reporter.
Monroney said he had no
objection to holding hearings
on the general problem of air
line strikes. But he pointed
out that any change in laws
affecting airline labor would
have to be. handled by the
House and Senate Labor com
mittees. The Oklahoma Democrat
said he hoped "we might find
some better way to aid media
tion" in airline strikes, per
haps by 'strengthening the
conciliation and mediation
services.
Chinese Art Scholar
Killed in Attic Fire
San Francisco -UPD- Robert
Bradford, 31, who earned a
doctor's degree in Chinese art
at Seattle university this year,
burned to death Thursday
night in an attic fire here.
Bradford was identified by
a friend, Phillip Romigh, an
architect. The victim had been
offered a teaching position at
San Francisco State college
after Jan. 1, the coroner's of
fice said.
Portland - Crow's Lumber
Price Index moved up an
even dollar this week. The
main upward push came from
standard and better and util
ity grades of green douglas
fir dimension and small
squares, along with steadily
climbing prices on fir and
hemlock dimension for water
shipment.
Effect
Europe
of the common market, which
is to be a broad trading and
production area for France,
Belgium, The Netherlands,
Luxembourg, Germany and
Italy. That organization be
gins functioning on Jan. 1.
Under the common market
plan, all tariffs among the six
nations will be abolished, im
port duties will be establish
ed, prices will be adjusted, la
bor will be able to move back
and forth within the various
nations, wages will be equal
ized and currencies will be
made convertible.
Balance To Be Paid
When one nation trades
with another, there is always
a balance to be paid off. For
example, if we buy $1,000
worth of goods from France
and sell her $900 worth, there
is a balance of $100 in
France's favor. We owe her
$100 worth of francs. France
would gladly take the dollars
or gold from us to make up
the difference. If it were the
other way around and France
owed us $100, she now agrees
to pay in dollars.
Where will France get the
dollars? That eventually could
be a problem. But with the
franc devalued, the chances
are we will buy more from
France than we sell her, and
thus she will be able to build
up dollar or gold balance.
Christopher Columbus did
not touch the American main
land until his third voyage
of discovery, in 1498. He
never reached North America.
POPE VISITS PRISON Kneeling outside their cells,
prisoners at the Regina Coeli prison in Rome applaud
Pope John XXm, visiting the prison to personally bring
the spirit of Christmas to the inmates. In so doing, Pope
John is reviving the custom of a previous pope, Pius IX,
who visited the prison every Christmas during his pon
tificate from 1846 to 1878.
S&H
Green Stamps -
WUU
To Burn
MEDFORD
Tel. SP 2-2111
U.S. Welcomes
Western Europe's
Currency Policies
Washington -fUPD- The Unit
ed States yesterday hailed
West Europe's new monetary
policies as a "welcome and
substantial forward move" in
improving International trade
relations.
The State Department said
in a special statement that the
moves toward creating hard
currencies are proof "of the
strengthened economic posi
tion of Western Europe."
"They also reflect the confi
dence of the European coun
tries in the international fi
nancial and trade. institutions
that have been developed in
the free world since the war,'
the statement said.
External Convertibility
Britain, West Germany, the
Scandinavian countries and
the Netherlands :announced
external convertibility of
their currencies while France
devalued the franc and also
joined in the currency conver
tibility.
U.S. officials said privately
the new measures have politi
cal as well as economic signi
ficance. They said the fact
that free European countries
could take such steps was a
sign of their confidence in the
political future of Europe at
a time when Russia is utter
ing threats almost daily
against West Berlin.
The State Department said
the changes should "facilitate
and give new impetus to the
process of removing restric
tions on international trade,
including dollar goods."
'Position of Strength'
Per Jacobsson,- managing
director of the International
Monetary fund, said the mov
es toward external converti
bility were "made from a po
sition of strength and not of
weakness" in Europe.
"This may be regarded as
an outward and visibile sign
of the comeback of Europe in
world affairs," he added.
"This is a big move in the es
tablishment of an effectively
functioning intern ational
monetary system."
Standard Brands, Inc.
To Cot Coffee Prices
New York - (UPD - Standard
Brands,' Inc., yesterday an
nounced reduction in its cof
fee prices effective Monday.
Chase & Sanborn coffee in
cluding canned, bagged and
institutional roasted coffees
will be reduced two cents a
pound. Instant coffee prices
will be reduced two cents a
jar for two ounce jars and
six cents a jar in the six-ounce
size. . . , .
A PENNY SAVED
New Britain, Conn.-flJM-A
factory worker wh,o heard a
burglar alarm but failed to
notify police explained. "The
free telephone was locked up
and the other one costs 10
cents."
Too
I CREEN
FUEL CO.
Court ft McAndrew
ESTABLISHED 1896
lTAMPS
pi fl
PISTOL HAPPY Practicing a fast pistol draw at his
home in Chicago, Jack Bender, 29, (right) shot and
killed his 14-month-old son, named Wyatt Earp. Here he
is shown at police station with his gun collection. Police
man in center is holding the death weapon.
Ul 11
ARRIVING IN SOUTH BEND, Joe Kuharich, new foot
ball coach of Notre Dame University, is greeted by Ed
Krause (left), athletic director. Kuharich left post as
coach of Washington Redskins to return to alma mater.
IlL .,11
AW1
MEW
SEE
HARRY At
lit North
Central
Phone SP 2-5702
,t SSi Almost Everyone Knows Where To
Find
Victims of Fires Find Response Quick, Generous
United Press International
Sympathetic response was
quick and generous yesterday
for victims of holiday fires
which have killed more than
four score persons across the
nation.
Within hours after an Au
burn, Wash., fire claimed the
lives of nine members of the
Ole Hollenbach family Friday,
Auburn radio station KASY
and the local Community
Chest went on the air with
a 2Vz hour Hollenbach fund
marathon.
Contributions poured in
from throughout the area. In
cluding an initial $500 grant
from the Community Chest,
the still growing fund totaled
$2,100 when the station went
off the air.
Only three members of the
Hollenbach family survived
the pre-dawn blaze that saw
Medford's Newest Trailer Park
. complete with large swimming pool, bad
mlnton'court and children's playground.
ALDRICH
TRAILER RANCH
Located on Jacksonville Highway at Bybee
Corner.
Trailer Ranch was
built by Mr. and Mrs.
Clifford Aldrich,
Medford residents for
many years,
to provide modern
facilities for the
many newcomers
to the Medford
area.
Trailer park will be for permanent occupants
o Applications Now Being Accepted
the Greatest
C
M WE WANT
MUSIC MUSE
"Record City"
an heroic rescue of Wanda
Hollenbach, 7, by elderly
neighbor Willard Clyde, 65.
In Richmond, Va., wealthy
Head Copy Editor
Of Call-Bulletin Dies
San Francisco-fljPD-Richard
E. Simpers, 40, former head
copy editor for the San Fran
cisco Call-Bulletin, collapsed
and died Friday in his apart
ment. He had been ill for several
months and recently under
went surgery.
Simpers was with the Call
Bulletin from August, 1941,
until this year. Previously he
worked for the San Francisco
News, Oakland Tribune, San
Francisco Examiner, San
Francisco Chronicle and ,the
Honolulu Advertiser.
He is 'survived by his wife,
Loraine. -
Each of 23 units has a large cement
patio and sidewalk. Each entrance
is marked with an individual lamp
post and name marker. Lawn plant
ing will begin immediately and
areas will be beautified with
shrubs, trees and flowers.
All wires and phone cables, as well as individual garbage dis
posals, are underground. Telephone cables lead to each unit.
A public telephone it also available. Ample power, 110 and
220 voltage, has been provided
Bathhouse joining the swimming pool is fully equipped. Ail
outdoor picnic area will be established complete with tables
- and benches. '
ill
Collection of
L3
YOU TO KNOW!
businessman 'Horace A Gray
Jr., 49, his wife and three of
their four children perished
in another early morning
holocaust that swept through
their $150,000 mansion.
Victims besides Gray were
his wife, Catherine, 47, their
daughter, Susan. 19, and two
sons, Thomas, 17, and Foster,
13.
I CHRISTIAN
I SCIENCE J
HEALS
Station
KWIN
1400 K.C.
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10:15
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