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
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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
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$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
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