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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (April 28, 1959)
Warning on Special Interest Control of Political Parties Given by GOP Chairman Washington - (LTD - GOP balance the budget with bold National Chairman Thruston B. Morton said today the suc cess and even survival of the two-party system would be "seriously threatened" if eith er the Republican or Demo cratic party were controlled by any one special interest. The Kentucky senator said if the Democrats should be come the party of labor and the Republicans of business, "inevitably there would emerge a number of new splinter parties such as we have seen in many other countries. Political Chaos "There might be a farmers' party, a veterans' party and a state's rights party, as well as innumerable other parties representing various racial, religious and regional groups," Morton said. "And with all this would come com plete political chaos." The new Republican par ty chairman addressed the 47th annual meeting of the U. S. Chamber of Commerce. He said businessmen could help prevent the two major parties from losing their iden tities a s national organiza tions representing numerous groups and areas by becoming more active in the affairs of both. He conceded there are more Republicans than Dem crats among businessmen to day and that "it is the other way around" among mem bers of the working force. Bold Action Urged Earlier, Senate Democratic Leader Lyndon B. Johnson said the federal government should borrow the "can-do" spirit of business leaders and M 1 I U T wi Breatheasy Complete Set Regularly $12" NOW $7" Limited-Time Offer lreatheasy AT YOUR DRUG ST6RE action to expand the nation's wealth. The Texan told the cham ber the admisistration should emulate businessmen who, when confronted with adver sity, "go out to hussle up new business." Johnson also predicted that Congress this year will cut appropriations outlined b y President Eisenhower. H e said 810,600,000,000 has been cut in the past five years and another reduction is expected this year. Urges Tax Review The Democratic leader urg ed the businessmen to realize that their free enterprize sys tem "is locked in a struggle with an enemy not within our own country but without." Johnson said that to "ach ieve full use of the nation's labor force and factory ca pacity," there should be a review of "our tax structure in an attempt to modernize it and find out what can be done with adequate incen- UNDAUN TED Yesterday's headlines make today's fish wrappers, or so the old saying goes. It's proven true by Douglas Harrison and Mrs. Louis Gschwend as the two nimrods return to pier at Marin Rod and Gun Club to continue the fishing interrupted the day before by two escaping convicts from nearby San Quentin prison who held them hostage for over six hours. '...r'i) v y. 4 . V anniversary ' m&s yy ' ''" ""i '''' new insurance plan for the man with a growing family costs ess when you need ft most With the new BMA 50th Anniversary Special Plan, only a part of your last pay increase is needed to expand your protection to meet the needs of your growing family. Big protection now; a future program to suit future needs. For example, at age 25, you pay $9.60 each month for $10,000 of life insur ance. At age 35, you can continue your protection on a whole life basis for only $16.10 each month or you can choose one of these three plans: You get $10,000 in protection .to age bo, then same amount in cash or retirement income at 65 Q $10,000 in protection to age 65 and paid-up policy at 65 Q ' $6630 in projection for life You pay $22.20 a month or $251.30 a year $18.60 a month or . ' $210.40 a year $ 9.60 a month or $108.80 a year Call your BMA representative today to learn how this plan will work for you. Leave your future to choice ... not chance t tives." He said government should also consult businessmen on how to develop new world markets and to this end "we should re-examine our trade and aid policies." In the Day's News By FRANK JENKINS Let's talk about time today. It's a timely subject because across the nation millions of clocks were turned ahead Sun day to provide what has come to be known as "daylight" time. So ... if you live in one of these areas . . . and IF you turned your clock up . . . and also turned your ALARM up . . . and also GOT UP WHEN THE ALARM WENT OFF . . . you lost an hour of sleep, which you won't gain back until some time next fall. This year, the change-over came at 2 ajn. Sunday morn ing in all or part of 24 states. Wall Street Chatter New York - (LTD - Trendex Reports warns the "averages" are not telling a true story and advises that current firm ness be used for liquidiation of vulnerable stocks . . . says basic economic fundamentals point to good times for at Dick Contino To Ask Bankruptcy Discharge Los Angeles - (UPD - Accor dionist Dick Contino has re duced his debts from 48,000 to 510,000 and -will file a peti tion May 13 seeking to be dis charged from bankruptcy. least a year or two, "but many stocks must soon pause for business to catch up." Standard & Poor's recom mends Martin Co. a s its "stock for action" . . . looks for Timken Roller Bearing to make strong comeback, with full year profits around S4 a share compared with S2.10 in 1958, and with extra possible at year-end . . . says Magna Copper could earn $6 a share compared with 58 cents in 1958 and loss of $1.94 in 1957, with payment in stock a possibility . . . sees Clark Equipment earnings around $4 against $2.70 in 1958, with a year-end extra a possibility. Wiesenberger's q u a r terly Study of investment company favorites shows International Business Machine, U.S. Steel, Goodyear, Texas Co. and American Telephone topping the list of 84 issues that com prise five of 34 leading in vestment companies. S. B. Lurie of Josephthal & Co. calls attention to Rock Island now that the St. Law rence Seaway is open, says earnings should approach the S5.05 per share average of past decade and looks for in crease in $1.60 divident rates . . . notes that shoe industry is a natural beneficiary of the monthly new highs in dispos able income and looks favor ably at Genesco. MAIL TRIBUNE, MEDFORD, ORE. TUESDAY, APRIL 28, 1959 5 In Life . . . experience is the great teacher In Scotch . . .Teacher's is the great experience QUESTION: WHAT IS TIME? How did it get started? W ELL, it got started away back when say when man traveled on foot only. In those dim prehistoric days, it was morning when the sun came up. It was noon when the sun was straight overhead. It was night when the sun went down. It was just that simple. In those simple (so far as time was concerned) days, man didn't know the earth is round. He thought it was "as flat as a pancake. He thought the sun went down around and around the earth. He measured his time by the sun. He ate breakfast when the sun came up. He ate his lunch when the sun was in the middle of the sky. He ate his dinner at sundown. That was his day. - f rpiME passed,. . . Centuries passed . . . Eons passed. And then Smart ment (whom, in these days, we call research sci entists) discovered and event ually proved that the earth is round and spins like a ball while whirling around the sun. That upset the apple-cart. It then became obvious (to the better minds) that when it is noon in one village it is NOT YET NOON in a village a few miles to the west and that it is PAST NOON in a village a few miles to the east. But As long as man traveled only on foot, that made no dif ference to him. It still made little difference to him when he began to travel by horse. And for countless ages man traveled on foot and by horse. Throughout this past period, time was just time. There were no differing KINDS of time. X. BMA Business Meivs Assurance Home Offices Union Station Plaza, Karnai City 41, Missouri Life Insurance Accident Health Hospitalization Major Medical Group Annuities B.M.A. Representatives In Your Area: HOMER J. BRINGLE CLIFFORD W. CURL P.O. Box 783, Medford Phone SP 2-8943 204 W. Main Sr.. Medford Phone SP 2-8696 THERE came then the IRON HORSE. As the iron horse got faster and faster, men be gan to NOTICE the difference in time. If you were going a long way on the railroad, you would note that by the testimony of your watch, if you were going west, it was time for sundown BUT THE SUN WAS'NT DOWN YET. And vice versa if you were going east. There came then the tele graph, and after that the tele phone. It was really the tele phone that played the most hob. When you could phone clear across the country, you called, although to you it was either way past lunchtime or lunchtime hadn't yet arrived. That really started STAND ARD time which was estab lished in the U. S. and Canada. In its day, it brought a certain amount of order out of what would otherwise have been chaos. B UT Latin class, tempus fugit. And tempora mutantur. As time has flown and times have changed, something new has been added. We call it day light time. So far, it's a mess It will remain a mess until we get daylight time ALL OVER. Speed the day- Open House Slafed Af Talent Schools Talent-Open house is sched uled at Talent schools starting at 7 p.m. Thursday, April 30, Roy E. Barr, superintendent of schools, has announced. Classrooms will be open be tween 7 and 8:30 p.m., he said. Starting at 8:30 p.m. there will be a musical pro gram presented by elementary students in the school . gym nasium. Work of the children will be displayed in classrooms. We Give GREEN STAMPS CENTRAL REXALL DRUG Main and Central HEAR YE! HEAR YE! STEP RIGHT UP FOR THE BIG . . . 1 FAI As Advertised on TV Show "Meet Me in St. Louis' STOGIE VI Now Going On! BEST PRICES! Biggest Trade-ins! 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World's first separate screen Television. Semi flat 110 picture tube. Many models to choose from! . ii r E. 6th St. Ph SALES AND SERVICE 225 SP 3-5433 TERMS TO SUIT YOU i
