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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 22, 1959)
Pakistan, India Drawn Closer Man Who Landed With Plans for Water Project Col A - LA "By ELMER C. WALZER UPI Financial Editor New York - (UPD - Eugene R. Black, president of the World Bank armed with a billion dollar water project, has been able to tirino Pakis- $ M 4!tan and India io m agi ce ment, a feat that has baf- I fled diplomats , for years. The two na- Klmer Wxlzer tlons have agreed on a plan to harness the Indus river which has its source in the Himalayan mountains in romantic Tibet and Kashmir and flows through Pakistan to the Ara bian sea. Black brought the nations together after the World Bank had worked out a plan for the Indus Valley after years of study. The project calls for building storage reservoirs, canals, and irriga tion svstem. . and power de velopment. It is estimated to cost a bilHon dollars and take 10 years to build. His plan would give India and Pakistan water, and water means so much that the two countries, at least temporarily, have forgotten their enmity to agree on the formula. Born at Bretton Woods All this was brought out in a visit to the World Bank headquarters in Washington. The bank, officially designat ed as the International Bank , for Reconstruction and De velopment, was born in Bret ton Woods as a twin of the International Monetary Fund. It has grown -over the years and today is among the few quasi government agencies that makes money. There are many things to be" done before the giant Indus Valley program can get under way and give employ ment to thousands, use vast amounts of material, and lay the basis for a big lift in the standard of living of the two nations involved. Black has sounded out friendly nations for help in financing the project. He is convinced several will join the United States and the bank in making the plan a reality. Those nations outside the U. S. that may help are the United Kingdom, Canada, Australia and - New Zealand, f Black is convinced there 'will be enough credit for the work to be completed. Under Jis formula no project is at tempted, unless financing is assured. ' " . The method to be used would be to have the friend ly nations supply a fund which would be added to and administered by the World Bank. ' While the two nations have agreed on the principles of the plan, they now must get together to agree on a water treaty which will be nego tiated in London some time in August. Such a treaty isn't a simple job. It involves many prob lems and obstacles. Water Key to Peace In all this world, no scien tist has as yet found a sub stitute for water. And so great is the need for water that it can .bring nations to gether when diplomacy and force of arms fail. Providing water in ample supply for In dia and Pakistan means new life for the two peoples. Any cutting off of the supply would mean death to teeming millions. The World Bank is inter ested afeo in water elsewhere. It is . studying a project to help Egypt finance deepening of the Suez Canal to permit ships of 40-foot draft to use the waterway. Egypt now , is deepening the canal to allow ships of 35-foot draft to go through. Russia Helps Egypt Meantime, Russia is help ing Egypt finance a new Aswam Dam on the Nile. When the first phase of this dam is completed, the bank might help in its completion if Egypt should request 'such aid, it was indicated. Talk of a water system for Jordan gets nowhere because that nation just doesn't want one built by outsiders. .. Some of these days these great water developments will .be completed and world peace will be strengthened by their existence. - And their accomplishment will stand as proof that bank ers and engineers can produce a more lasting basis for world peace than diplomats ' and armies. Wall Street Chatter New Yprk -CPD- The con sensus in Wall Street is that there will be a summer rally this year. Brokers reason that the market has successfully ab sorbed a lot of selling in re cent r months, indicating' a strong underlying trend. They now look for a period of irregularity in stock prices during which the market will set the stage for its next test of the recent highs in the Dow-Jones averages. Bache & Co. sums up senti ment with the observation that it is likely more backing and filling will be witnessed as a base is built from which an attempt at matching the 1959 high in the averages can be launched. There is significant under lying strength to push prices higher and "we feel that a test of the former high is now in the offing," says Van AI styne, Noel & Co. Value Line survey feels the oil industry is passing into "troubled times" with the re sult oil company earnings likely ' will display limited growth and heightened irreg ularity. It says, oil stocks prob ably will come to be thought of primarily as income pro- SCHOOL MAN DIES Bayonne, N. J.-Msgr'. Wil liam F. Lawlor, 75, superin tendent of schools in the Ro man Catholic Archdiocese of Newark for the last 37 years, died Sunday . ducers rather than capital gain issues. Since the star of this year, the National Securities Series - a group of seven mutual funds- has increased its hold ings of Copper and Tobacco stocks and some public utilities. Kennedy Cites Test of Survival Seattle - (UPD - The test of survival against the single- minded advance of Commu nism is "the severest test this nation has ever known,'' Sen, John F. Kennedy said Satur day night. Kennedy, in a speech pre pared for a fund-raising. Jeff erson-Jackson - day dinner here, declared: "Can we carry through in an age where we will wit ness not only new break throughs in weapons of de struction, but also a race for mastery of the sky and the ram, me ocean and the tides, the far sides of space and the inside of men's minds?" The youthful Democratic senator from Massachusetts told his $25 per plate -audience of 1,500 that the United States and Russia now have the power to destroy with one blow one-quarter of the earth's population, "a feat not accomplished since Cain slew Abel." . Stolen Plane a) Medford Released San Quentin, Calif. - (UPD -Gerald E. Baucum-the convict who escaped an honor camp in 1956 by flying a stolen plane to "Oregon-was sched uled to leave for Oregon again today, but this time with the sanction the of San Quentin prison officials. Baucum has a job waiting for him in John Day, Ore., where his father lives. "He has confidence he'll make it," a prison official said. "So do we." Right Thing to Do Baucum, 30, voluntarily re turn to prison last October af ter confessing his escape to his wife. "We both agreed it was the right thing for me to go back and get the past cleaned up," he said. "I can now leave with a clear conscience and I have no' fear of the future." Baucum escaped from a Siskiyou county honor camp in the plane after serving 3Vfe years of a five-to-life sentence for a San Francisco grocery store holdup.. He later mar ried and settled down to a quiet life in Montana. After his return to prison Siskiyou county authorities decided not to prosecute him for escape because of his "evi dent attempt at rehabilitation." Monday,. June 22, 1959. MAIL TRIBUTE, Medford, Or. 3 Quotes From the News Gerald Baucum, who was released from San Quentin prison today, escaped from a Siskiyou county honor camp in 1956 in a stolen airplane which he and three others landed at Medford airport. CAA control tower person nel recalled today that Bau cum requested landing' in structions about 3 a jn., taxied the plane to the north end of the runway, and disappeared. The escapee stole a car in the Table Rock rd. area. Baucum's three companions were captured a short time later but Baucum's where about remained unknown un til he returned to prison last October. DIOR TOO EXPENSIVE Moscow-(DPD-A Soviet mag azine said today that many men in the West have been saying for years about French fashions-they're too expensive and. the styles change too of ten. The evening gowns in the Dior shows; here earlier this month were pretty, the maga zine "Ogonyck" said. But it asked: "Who can afford such expensive things?" Montreal's big ocean port is actually about 1,000 miles from the sea. By UNITED PRESS INTERNATIONAL Washington-Secretary of State Christian Herter, on the Geneva foreign ministers conference: ' '. "In all the discussion, my Western colleagues and I had foremost in mind the freedom of the more than two' million people of West Berlin." London - Author - editor Malcolm Muggeridge, rebutting evangelist Billy Graham's contention that New York's Cen tral park is more moral than London's Hyde park: "If after dusk few couples venture to take advantage of such privacy as Central park affords, it is out of fear rather than prudery." Gettysburg, Pa.-President Eisenhower, on giving $5 to his frequent caddy, Roy Fairman, 13, whose church attend ance prevented him from caddying for the President: "Here, Roy. That's for going to church today." Fort Lauderdale, Fla.-Mrs. Margaret J. Priebe, of Des Moines, Iowa, on being crowned Mrs. America: "I had no idea I would win. I still can't believe it." Mrs. America Contest Drab Television Fare, William Ewald Declares By WILLIAM EWALD UPI Correspondent New York-(OPD-The differ ence between the Miss Ameri ca' and. the Mrs. America corf- tests is this: With Miss America what matters is how she, the dish, is stacked: with' Mrs. America what matters is how she stacks the dishes. William Ewald . I find the Mrs. America approach a rath er melancholy method . of judging the merits of a . fe male and on Saturday night, CBSTV fittingly filtered out a rather melancholy special devoted to the Mrs. America war games at Ft.- Lauderdale, Fla. There were 51 competitors on board, all of them engaged in a dreadful round of tasks that included meat prepara tion, tile setting, soft water testing, yeast baking, rug cleaning, dish washing and dish stacking. It seemed a rather dubious honor to me to be tagged as Mrs. Soft Water, Mrs., Tinting and Dyeing, not to mention Mrs. Best Ham, but then chacun a son gout, as somebody with the gout once said. Disastrous Spectacle , In terms of production, the hour was probably the most disastrous spectacle since Na poleon's retreat from Moscow. Taped sequences of domestic drudgery-etched earlier in the week-were dovetailed into the dull ceremonies proper. As a result, the whole show kind of shuttled wildly between stupefaction and inertia. The interviews were fatu ous, the commentating goo goo, the contestants unrespon sive, the gratuitous plugs rife and the emceeing by Bill Lun digan a small, neat calamity. Mrs. Iowa, incidentally, was the winner. And the only one, I might add, on either side of the screen for the en tire evening. Last of Phil Silvers The last original Phil Sil vers show was unpacked on CBS-TV Friday night and I can't let the occasion pass without some praise for the series. . ' Over the past four cam paigns, Sgt. Ernie Bilko and his Army mate's turned out the most consistently inven tive fun of any of TV's week ly entries. The. series had crackles, originality, wit and style and in one of its episodes -the piece about Harry Speak up, the chimp inducted into the Army-a really masterful comic contribution. So to Sgt.' Bilko this loving epitaph: Ernie, you were the only con man toward whom I ever felt r3ro. FOURTH 'WELCOME' CITY Montgomery, Ala.-OJPD-This city is the fourth in Alabama to bear an official Ku Klux Klan "welcome" sign. An eight-foot high sign, bearing a picture of a white-robed horseman, was erected over the week end just outside the city limits amongst a group of church and civic club welcom ing signs. You geH1 th in your comfort' deadends mm o o o Some cats' door openings x arenl shaped to fit people! 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