Medford mail tribune. (Medford, Or.) 1909-1989, June 22, 1959, Image 3

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    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!
So yoa have to squirm and
ariggte . . . make your body
conform to the car wfoea
tettiag ia and oet
To gain i low roof Ene,
some cars end op with
higher floor "humps" and
thinly padded rear seats . . .
a combination that's mighty
rough on the middlemaa.
f0 SQUfflM 10
SQllEEZE
The squeezed-down, skimpy
roofs of some cars a real
comfortable even for bare
headed riders. And they
dont keep out excessive
sunlight and glare.
DSQUaSH
Doors in 59 Fords are wider
up to six inches wider and
door openings are contoured
to jit you! You get in and out
of a Ford with greater ease
; and comfort. The girls really
like Ford's doors ... for they
know they can always make
graceful entries and exits.
Ifluow mmv ni
Fords have useable seating
space for six big people. The
driveshaft tunnel is lower
and rear seats are deeply
cushioned all the way across.
This means more comfort for
all passengers . . . especially
for the man m the middle.
See how much more head
room Ford has. Even big six
footers sit up straight with
out touching the roof. And
Ford's big roof protects all
passengers, in both front and
rear seats, against the discom
forts of excessive glare and
heat from the sun.
Greater comfort is only the beginning of the
dividends you get in a Ford. You get a dividend
for your pride in any of the World's Most Beauti
fully Proportioned Cars. You get a big dividend
in Ford prices . . . the lowest of the best-selling
three. And you get saving dividends that cut costs
every mile you drive. See and Action Test a new
Ford at your Ford Dealer's. See how you can go
finer . . . with more comfort ... for less ... in a
new Ford!
ford Dtvtaow. ffijjyer&ffntamy
Comfort-test the World's Most Beautifully Proportioned Cars . . . World's Most Popular Cars . . .the 59 Fords
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