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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 13, 1959)
-.3 11 1 . i r. 1 g MAIL Til I UNI, Medfere1, Or. Monday, JuIT 13, 1959 New 'Package Plan' For Trip to Europe Prepared by Woman New Package - 2 Col hed , Cannes, France (CPD - Jose phine Bay Paul of New York, one of America's most enter prising business women, has started something the vaca tion trip de luxe. The fact that Mrs. Paul is the only woman who controls a major transatlantic steam- snip company enabled her to put her net idea into effect. She is chairman of the board of the American Export Lines which operates a fleet of 30 ships, including the luxury .liners Constitution and Inde pendence. Time Divided Under a new one-ticket "package plan" she inaugurat ed this spring, the traveler can plan a one-month trip from the United States to Europe that will divide the time half at sea and half on land The tourist can be in Paris eight days after leaving New York and have ample time to visit other places on the con tinent. "It's the ideal way to see Europe and come home rested and refreshed," said Mrs. Paul. She should know - she's Fishing Boat Hits Tugboat and Sinks Seattle - (UPD - The 79-foot fishing vessel North American sank early yesterday follow ing a collision with a tugboat off Whidbey Island, Coast Guard headquarters reported here. The Coast Guard had ear lier reported that the North American had been taken in tow after colliding with the tug Charles. The crew of the North American was rescued follow ing the collision. . The tug was able-to pro ceed under its own power to ward AJaska, its destination at the time of the crash. The first U.S. automobile road race was between Chica go and Libertyville in 1899, a 100-mile trip. made at least 40 transatlantic trips. A novelty of this particular plan is that you enter Europe at the Mediterranean port of Cannes instead of the north era European channel ports From there Paris is easily ac cessible by plane, train, motor car or bus, as are other glam orous spots on the continent. After a fortnight on land, you return to Cannes and reem- bark for a IA days voyage back to New York. At Cannes you are in the heart of the French Riviera Nearby are Nice arid Monte Carlo. By air, Paris is an hour and a half away; by train it's a little over 10 hours Mrs. Paul now has plans to build a new luxury liner costing $95,000,000 that would carry 1,600 passengers . in transatlantic service. Operated Under Subsidy The new ship may be built in about three years, accord ing to Mrs. Paul. It's "up to Uncle Sam." she said, ex plaining that American shiDs are now being operated un der government subsidy and Congress must aDDroDriate money to finance the build ing of new ones. The government pays 45 per cent of its ODeratins ex penses. The line handles the other 55 per cent in both categories as its end of the agreement. Latest Improvements Mrs. Paul said the DroDoseri new ship would have all the 1 at e s t improvements 'and could easily be converted in to an atomic ship in the event of a national emergency. It could also be used for troop carrying purposes. - We aim to make it one of the finest ships in the world," said Mrs. Paul. "It would be about' 50.000 tons with a cruise speed of 23 knots. It would probably be over 900 feet in length. . "Carrying 1.600 passengers in two classes, first class and cabin . class, the new shrn would accomodate 500 more passengers than the 1,100 ca pacity of the Constitution and the Independence." TheyH Do It Every Time By Jimmy Hatlo J tjIWi. Kim Ftf.nwt gpijicm, Intl. Wy Britain's Income Tax Reduction Eyed by Federal Reserve Bank t y a if rv f Even when it says Wash V Wear I depend on my SANITONE DRY CLEANER! When I send my wash V wear things. to my Sanitone Dry Cleaner I know they will come back looking like new. I'm never so sure of my own efforts. Stubborn spots, perspiration stains, and even embedded dirt particles which cause wear are gone. And Sanitpne's Style Set "Finish restores the like-new finish to fabrics. It's convenient to call r for Sanitone service. I don't have to spend my valuable time or crowd my home with clothes dripping. dry. FOR SANITONE DRY CLEANING S2 Phone SP 2-9169 sT mi Free Parking- Right at the Door! 601 E. Main St. h.d;christensen By ELMER C. WALZER UPI Financial Editor New York - (UPD - Earlier this year when Great Britain cut its income-taxes sharply, ' American ex perts looked on the action as a great eco nomic labora tory experi ment for us. If the meth od brought Britain to p r o s p e rity, Elmer VPalzer why wouldn't similar plan work in the United States, it was asked. And now we are beginning to see what that British tax plan has done. The New York Federal Re serve Bank keeps its fingers on the pulse of Europe, espe cially Britain. . In its July review, the bank reports oh the English under the caption, "Growth without Inflation in Britain." Pitfalls of a prolonged, even though gradual, rise in prices have become painfully clear to British observers, the bank notes. "Price inflation has ob viously not been the only factor in Britain's post-war difficulties," says the bank, "but it contributed to the 1949 devaluation of sterling, to the squeeze on pensioners and others with fixed incomes, to ever-increasing wage demands as workers sought to maintain the purchasing power of their incomes, to complications in the management of govern ment debt and consequently in the maintenance of mone tary control, and to periodic bouts of speculation against sterling." Growth Without Inflation Britain had had its infla tion troubles and had lost markets. Now, however, it is getting together on common ground to achieve growth without inflation. The New York Federal Re serve Bank notes that lifting of British controls on install ment credit and the reduction in income and purchase taxes have stimulated personal con sumption. Special tax incentives are accelerating private invest ment, it notes. Home building and exports have risen to a new peak. Rising wages and prices have been-checked, partly be cause of declines in British import prices. ' "With the government al ready having used drastic methods to demonstrate its determination to maintain the value of sterling," the bank asserts, "labor and manage ment may now be in the pro cess of modifying some of the wage, price and other prac tices followed in the past. "And having achieved the requisite price stability, the government has moved rapid ly, toward facilitating eco nomic re-expansion ... "There is firm ground for hope, if the lessons of the post-war years have been learned so well as now seems indicated, that Britain may in fact be on the threshold of a period of sustained growth without inflation." Too Much Concern? This situation seems to an swer tears oi Dae iiam- marskjold. United Nations Secretary, who has posed the question of whether we are displaying too much concern over price inflation and too little to economic growth. The secretary recently said that the fear of price in creases is probably "the most important single influence holding back the business up turn. According to statistics, the British are achieving growth at the same time they are keeping down prices. And Wall Street likes to think this situation has been accomplish ed mainly through tax reduc- Patterson Award Winner Announced Portland (UPD Grant High school graduate , Paul Hodel, West Linn, has been selected for a $1,000 award in the first Paul Patterson fellowship at the University of Oregon. He is the son of Mr. and Mrs. Philip E. Hodel. The fellowship is awarded through the Paul Patterson Memorial fund created by friends of the late governor, who was an alumnus of the university's law school. Triplet births occur only once in 8,800 times. - ?iy&j! - - 1 iljf Jill I V JH '.OS ijESlf' It ? ' ! ' f I - V I ' BACK TO FACE THE MUSIC George Edward Cole (left, rear), charged with Trilling a San Francisco police man in the course of a hold-up three years ago, arrives back in San Francisco in custody of policeman (right) The FBI discovered Cole living and working in Des Moines, la. At left foreground is his common-law wife Yvonne .Conley, : through, whom theFBI.was able to trace. him. tions. The Street believes the great laboratory experiment in Britain has shown the way for a tax reduction in the United States. We copied many of Britain's high taxes. M a n-y think it would be highly beneficial now if we copied tax cuts as well. Market men are convinced that tax cuts here would stim ulate saving which in turn would help provide funds for new business expansion which in turn again would lift pro duction. High production is considered the best cure for inflation. The Family Council Editor's note: The Family Conner consists ol a Judge, a psychiatrist, three clergymen, a newspapei editor a women's editor and two writers. Each article is a summary of an actual report. The Family Council does not give advice: it merely report? on problems that have been dealt with by responsible acencU a4 counselors. Mr. N. P-I need her in the business. Edna P.-What would it do for me? Mr. N. P. -I am having a serious problem -with my only daughter, Edna, who is 23. I have always wanted her to come into my business. It is a successful business and once she really understands it she will have a good living out of it without working too hard. Her fiance is interested in it and would help out, al though he is already success ful in a different career. I wouldn't mind if Edna said she just doesn't want to work. She wants to be a housewife. But it happens that she works very hard in a job that doesn't pay her as much as the business would. She takes this job very seriously although there is no future in it. Recently I had -a heart at tack and I must take things easier now. It would solve so many problems if Edna would be reasonable. ' Edna P.-Yes, it would solve so many of Dad's problems if I would only "be reasonable" -but what would it do for me? Dad always talks of the easy living I could have from the business, but every time I have tried to work for him he drives me harder than ' any outside employer ever did. He gives no consideration to hours, holidays or things like that. He has always driven himself like that. Also, Dad has the most old fashioned ideas about business practices. He has superstitions that are strictly out of the Middle Ages. I know of at least ten different things he can do right now that would allow him to take things easi er and would actually boost business, but. he won't even listen to me. Now that I'm about to be married he suddenly foists all this on me. The Council: Edna, like many other young people, ap pears willing to accept the po sition of beginner in the em ploy, of a stranger, but when it comes to Dad's business, she'd like to start on the policy-making level. It is natural and human, perhaps, but it does compli cate matters for parent and child. It might make things a bit easier if both would recog nize that the young person just beginning life as an adult is terribly anxious to prove himself. Having just emerged from a position of dependence upon the parent, he is uncer tain of his own wings. Any parental criticism at this stage his likely to be interpreted as a statement that he will never make the grade. It is, therefore, a good idea for that young person to get away from the teaching-scolding parent for 'a while. If he gets a chance to test those wings, he will gain a little confidence -and possibly be able to return to the parent's business in a better frame of mind. In Edna's case, things seem to be complicated by the fact that -she is also about to start life in her womanly role. With marriage just ahead, it is pos sible that she resents the fact that her fattier appears to ex pect her to take the place usually reserved for a son. At the same time, her sharp criti cism of her father's business methods suggests that she has long sought this role. Perhaps she fears a certain loss of her femininity if she takes on these responsibilities. In this case, it might help if Mr. N. P. agreed to ease Edna Into the business by em ploying her as he would an outsider. He should respect her hours and holidays-but she must remember that she is just an employee, not the boss. (Copyright 1959, General Features Corp.) p LOAN jl - a MV'f -' 1 I Lai f "I JUST ADORE QUICK CASH!" , To which we reply: "Who doesn't?" Especially when unexpected expenses arise or when unpaid bills pile up high! Then there's really no substitute for an adequate amoont of cash in hand. The question is: where and how to get it promptly? The answer is: see us for a convenient loan on budget terms! LOANS From $25 to $1,500 On Auto Furniture Signature LOCALLY OWNED CRATER FINANCE CORPORATION 135 PINE CENTRAL POINT NO 4-1273 Frank Wilkinson, Mgr. 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