Medford mail tribune. (Medford, Or.) 1909-1989, December 22, 1959, Image 2

Historic Oregon Newspapers

Medford mail tribune., December 22, 1959, Image 2

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Newspaper Page TextComptroller Again Refused Confidential Reports on Foreign Aid Work MedfordJTribune Rogue Valley Edition Market Irregular; Blue Chips Decline New York JCPD- The stock market was an irregular af fair today with blue chip in dustrials on the decline and issues outside those used to compile the averages scoring good gains. . The Dow-Jones industrial average was pulled down by General Foods, off 2; DuPont off 2; Kodak off Vz and Westinghouse off 1 Agreement by the steel companies to negotiate sepa rately with the union strength ened the steel group. Youngs- town rose more than 2 and Lukens 13A. Electronics again featured oh the upside. General Time jumped 4 points, IBM 6V4, an d Beckman Instruments and Ampex both up more than 2. DOW-JONES AVERAGES New York - (DPD - Dow Jenaa final stock averages: 30 industrials 671.82, off 4.10; 20 railroads 154.40. off 0.21; IS utilities 87.29, up 0.25, and 65 stocks 217.88. off 0.78. Salas today war about 2,930.000 iharti compared with 3.290.000 haras Monday. Today's prices on selected stocks: Allied Chemical 118i Alum Co. Am 1Q634 American Can American Motors 41 82 a 78 64 78 'a 72H 54 j 30 i AT&T Anaconda Copper . Armco Steel . Bendix Aviation Bethlehem Steel Boeine Air Caterpillar Corp. . Chrysler Corp. Continental Can . Crown Zellerbach . Curtiss Wright Dow Chemical 34, 68 "3 48 i .. 53 3, 301 98'. ..286 1 a Du Pont Eastman Kodak . -1081s Firestone 13B3,4 General Electric 93 Vi General Foods .104 Va General Motors . Georgia Pacific . Graham Paige Greyhound 54 47'a 2 14 - 20 ii -108 - 4314 .. 471, 444 Gulf Oil Homestake Mining . Idaho Power I. B. M. Int. Paper 1354 Johns Manvllle 48 j 514 94 a 3114 Katy . Kennecott Copper Lockheed Aircraft Kaiser Ind. . 1514 Montana Power Co. Montgomery Ward Nat'l Biscuit New York Central xd) 23V 9314 541, 283, 631i Pac Gas Se EUec Penney, J. C. -130 ' Penn RR 15i Radio Corporation Richfield Oil Safeway 69 76'4 35 49 80 39 bears ... Shell Oil Socony Mobil Oil Southern Co. 40 22 4714 43 47 T'a Southern Pacific Standard California Standard Indiana Standard N. J. Ii CaosMoms ' I Managing partner of Conger Morris to assist you at your time of need Conger-JvCorris FUNERAL DIRECTORS ' - West Main at' Sixth - V Ashland Hillcrest - 1 Mortuary - Chapel ' 4th & C. Sts. ' North Phoenix llll Ashland Road . "Your TV WEATHERMAN" KBES-TV Monday thru Friday 5:00 p.m. llll Member National Selected Morticians by Invitation Page 2 Sun Mines 6 Texas Co Texas Gulf Sulfur Tex Pac Land Trust Transamerica Trans World Air 82 17 19 29 18 39 Tri -Continental Union Carbide -146 Union Pacific 30 39 35 63 99 United Aircraft ... United Air Lines U. S. Rubber U. S. Steel Youngstown S & T . -134 Future Headlines Projected by President of UPI Wichita, Kan. (DPT) - Fore seeable headlines of 1960 will include the summit confer ence in Paris, the American elections, the increasing ten sions in Cua, and possible fur ther developments stemming from Peiping, Frank H. Bar tholomew, president of United Press International, told a private luncheon gathering at the Wichita Club here Mon day. Mentioning no party nor candidate, not Including the probable election results in his headline projections, Bar tholomew said that while poli tics constituted the popular news of the moment in the United States the news of more Dasic ana iar-reacnmg consequences to the American people was the nation's eco nomic situation and trend. He expressed an opinion formed In a recent visit to the UJS.S.R. that the Russian people as a whole are being conditioned for peace and not war. The situation in Cuba, where the news agency is augmenting its staff, calls, he said, for particularly careful and objective reporting as tensions and emotions mount. Zoning Authorized In West Salem Area Dallas, Ore. -UPD- Interim zoning north of West Salem in the planned Eola Hills zon ing district was authorized Monday night by, the Plan ning Commission of Polk county. , - The 10,500-acre area has been labeled an "ideal resi dential development for Salem.". Pentagon Claims GAO Has No Right To Information Washington -(CPD- President Eisenhower has refused again to give the comptroller gen eral confidential administra tion reports on foreign aid operations, the White House disclosed today. The President forbade the release of such reports to Comptroller General Joseph Campbell, who had asked the International Cooperation Ad ministration for its evaluation reports on programs in Iran and Thailand. In a related development, the General Accounting Office complained to Congress today that the Pentagonhas bottled up two secret reports which would help determine wheth er U.S. military aid to Europe is being managed efficiently. No Right To Data Campbell, who submitted the complaint to Chairman William L. Dawson (D-Ill.) bitterly attacked the Defense Department. Pentagon offic ials have contended that the GAO, which keeps track of government spending, had no right to the information and, in fact, had a lot of nerve to ask for it. The question of how much information Congress should be given on overseas pro grams arose several times dur ing the last session of Con gress. In regard to evaluation of what is being done in Iran and Thailand, Eisenhower wrote Campbell in a letter dated Dec. 15, the day the President left Greece aboard the cruiser Des Moines. The letter reached the White House Monday. . . Not Compatible " " In his letter, Eisenhower said disclosure of the. full re ports "would not.be compat ible with the national inter; ests.'' He said it was the estab lished policy of the adminis tration to give Congress and the public the fullest possible information "consistent with the national interest." However, he said; the ex ecutive branch has a recog nized constitutional duty to withhold information the dis closure of which would . not be in the national interest. The President described the reports as an important factor in decision-making inside the ICA, and said requests for their release had been con sistently denied. Consumers Asked For Complaints Washington-flJPD-Consumers were invited today to take their complaints about phony bargains and other deceptive selling methods directly to the government for action.. Officials of the Federal Trade Commission issued the invitation at the end of their first Christmas-week effort to wise up the buying public on trickery in the market place." The two-day conference, at tended by representatives of 47 civic, professional and wel fare groups, winds up today with a discussion of how job seekers .are foiled by "misrep resentation of employment opportunities." ' FTC officials said they hoped the talks would cement closer relations between the government and the con sumer. FTC Chairman Earl - W. Kintner said the commission relies on spot checks, and complaints from business com petitors and consumers for in formation on shady business practices. "But the most persuasive voice of all is the voice of the consumer," he declared. Icy Spots Noted On Oregon Roads Salem -fllPft- Icy spots were reported today at Government Camp, Warm Springs junc tion, Wilson River and Sunset summits, Astoria, Detroit, Medford, Green Springs, Pros pect," West Diamond lake, Bend, Santiam pass. Sisters, East Side Mackenzie, Willa mette pass, Meacham, Austin, and Seneca. Heavy freezing fog atod frost was reported at Bend. There was packed snow at East Diamond lake and a trace of new snow at Warm Springs junction. THEATER OWNER DIES New York-(DPD-Herbert Kay Minsky, 68, one of the four Minsky brothers who owned chain of burlesque theaters in r7"T zjr-r tnJ" " 1 -y . j ' If; fjTf ' ''S&t K - J IKE IN CASABLANCA President Eisen- and three continents, arrived at Casablanca hower, right, chats with King Mohammed for conferences with the King. Eisenhower V on his arrival at Casablanca today. The returns to Washington late tonight for a Chief Executive, on the last leg of his gala welcome and a torchlight procession, peace mission which covered more than 22,000 miles and took him to 11 nations (UPI Radiotelephoto) Agreement Drawn Up For Columbia Sasin Power Use (Continued from Page 1) . Power Principle No. 3 "Amount of power benefits considered to result in the downstream country from regulation of flow by stor age in the upstream country should be determined in ad vance by computing the dif ference between the amount of power that would be pro duced at the downstream plants with the storage regu lation and the amount that would be produced without such regulation. This deter mination would be made on the assumption that upstream storage is added at an agreed upon level or . condition of storage and power . supply. The storage credit position'of the upstream storage thus established should , be pre served throughout the period of the agreement." Canadian storage " credit would be computed as addi tions to . a "base system," which includes those storage dams and lakes which cur rently provide 13,032,000 acre-feet of storage in the system-or almost half the 27 million acre-foot goal of the main control plan for the Columbia. Increased Capacity Power Principle No. 4- "Amount of power benefits determined to result in the downstream country from regulation of flow by storage in the upstream country would normally be expressed as the increase in dependable hydroelectric capacity in kil owatts under agreed upon critical stream flow condi tion, and the increase in av erage annual usable hydro electric energy output in kilowatt-hours on the basis of an agreed upon period of stream flow record . . ." Power Principle No. 5 "Whenever it is necessary to place a monetary value on downstream power benefits arising in one country from storage operation in the other country, the value should be the estimated cost to the downstream country of ob taining equivalent power from the most economical al ternative source available ex cept where the appropriate Canadian and U.S. agencies specifically agree on some other basis of evaluation,". Responsibility Power Principle ; .No. ; 6 "Power benefits . . -. : should be shared on a basis such that the benefit, in power, to each country will be substantially equal . . . Each country should assume responsibility for providing that part of the facilities needed for , the co operative . development, that is located within its own ter ritory. Where such sharing would not result in an advantage-to each country-as contemplated in General' She Will Love MATERNITY FASHION GIFTS from LaPointe's Principle Np. 2, there should be negotiated and agreed upon such other division of bene fits or other adjustment as would be equitable to both countries ..." This means each country will finance the facilities on its side of the line, including transmission that will hook up at the bor der. Canada will bear cost of power transmission losses Power Principle No. 7 "In addition to benefits from cooperative use Of stored wa ter, interconnection and co ordination of the electric power systems to the extent that they are practicable and desirable, would also provide many mutual benefits which should be shared ..." this principle, the agreement document stated "it would be expected that all participat ing power systems would re tain their local autonomy but w o u-1 d necessarily operate their generation and trans mission facilities under the terms of appropriate agree ments with- a view to maxim izing mutual, benefits." -. Advance Agreement Flood Control Principle No. l-"Flood control bene fits should be determined on the basis of an assured plan of operation and flood con trol regulations agreed to in advance." Flood Control Principle No. 2 - "Downstream flood control benefit of the up stream storage to be operated in accordance with an agreed upon flood control plan should be estimated in ad vance on the basis of the ef fectiveness of such storage in meeting the flood control objectives applicable in to downstream county at the time the upstream storage is provided." Any Canadian storage would be given equal credit with U.S. storage in helping meet the objectives outlined in the main control plan or "308 report," which is to control a flood the magnitude of that of 1894 at The Dalles to 800,000 cubic feet per sec ond through construction of Memorial Markers For Servicemen Salem-TOPD-The Department of Veterans' Affairs said to day the .government . is fur nishing memorial markers to honor servicemen missing in action or whose remains could not be identified or were, for other reasons, not recovered. A memorial section has been set aside for the mark ers in the Willamette - Na tional cemetery in Portland. Markers erected In Willam ette are done so at govern ment expense but they also may be erected in private cemeteries. dams capable of storing 7.5 million acre-feet. Flood Control Priciple No. 3-"Monetary value of the flood control benefits to be assigned to the upstream should be the estimated av erage annual value of the flood damage prevented by such storage." One-Half of Benefits Flood Contral Principle No. 4-"The upstream country should be paid one-half of the benefits as measured in Prin ciple No. 3 . . ." Americans say they talked in terms of evaluating these benefits at $1.5 to $2 million annually, "which would be paid in cash, not power at Canada originally wanted. 1 Flood Control Principle No. 5-" Amount due the up stream country under the foregoing principles should be determined in advance of construction of each storage project. Payments to cover the entire period that the ar rangements are to be effec tive should be made in cash as a lump' sum or as periodic amounts as may be agreed upon to the mutual satisfac tion of the upstream and downstream countries." Discussion; of this point fo cused on the fact that Con gress would have to put up this cash before it could be paid. Should Be Compensated Flood Control Principle No. 6 - "In the event of the down stream country requesting special operation for flood control of storage Included in the assured plan of operation, beyond the type of operation provided for in such assured plan, the upstream country should be compensated for any loss of power which may re sult therefrom. In the event of the downstream' requesting the operation, for flood con trol, of storage not included in the assured plan, the up stream country should simi larly be compensated for any loss of power which may be sustained by the upstream country and in addition should be paid, on the basis of half the damages prevented by the operation of the storage in question." j These principles emerged from a series of special meet ings held by the IC since , last January, when the late Doug las McKay was the U.S. rep resentative. The Canadian representative throughout was Gen. A. G. L. McNaughton. McKay died last July and was never replaced officially, so the concluding agreement was reached between McNaughton and his Canadian associates and McKay's associates, Eu gene Weber from the Corps of Engineers, and Francis Adams from the Federal Power Com-, mission. .. ' Danger of Milk Contamination From Insect Killers Lessened Washington (UPD Govern ment scientists said today that the danger of milk contamina tion by insect killers such as DDT is being reduced. Their "statement followed publication of a 1958 govern ment survey showing that some milk in 11 cities across the nation was tainted with substantial amounts of pesti cides containing chlorine. ' A spokesman for the food and drug administration said there was no evidence the in sect killers cause cancer in humans. But he said the milk contamination was a problem "worth workmg on." Credit Two Developments The scientists credited two developments with cutting down the risk of milk being contaminated by use of the pesticides on cattle feeds and in storage barns. They said the FDA has warned the dairy industry it Morse Urges Cut in Latin American Aid Washington - (DPD - Sen. Wayne Morse (D-Ore.) has urged the Eisenhower admin istration to cut sharply mili tary aid to Latin America and use the savings to raise living standards in the hemisphere. Morse, chairman of the Senate subcommittee on Lat in America, has just returned from a tour of seven. South American nations. His group i planning hearings next year on the administration's inter american policy. Morse said Monday his trip convinced him that "our mil itary aid program to Latin America cannot be justified." He said the Latin Americans are considering disarming and declared the United States must provide some initiative if the move is to succeed. Merced, Calif-Ribbon falls in the Yosemite national park has a drop of 1,612 feet and is said to be the highest sin gle falls any place in the world. 4 d. 1T I feXW -r'r i. aMa. -m. JF r. : fa jf k .y ;vvf , ' -' - rn ' 4- J ' . jit 8 -ir7rA Jb-yri - irsi', : -a&G4isiiBjaMsfeasM& gr,iir,ii.iataa CABRETTA LEATHER JACKETS Perfect for Christmas giving . . . dashing hew continental style with orlon pile zip-out lining, in kitten-soft imported cabretta leather. She can clean with a damp cloth white, or oyster beige. AT. JvSw IT'S A WOMOf RFtf L 5TOtlf IN THE MEDFORD would crack down on any sales of impure milk in inter state commerce and an educa tional drive among dairymen also has been effective. The FDA report Monday said milk samplings conduct ed in 1958 showed a definite reduction over the previous three years in the incidence of milk tainted with the in sect killers. Scientists said there prob ably has been a further dip since last year. , Of the 936 samples tested in the four-month survey of 17 Accept with our STANDARD & POOR'S 1960 FORECAST 10 stocks for action in 1960 30 low-priced stocks 21 growth stocks for long term profits 18 blue chip stocks for safety and income . . . and other valuable information for in vestors included in this authoritative forecast which we will gladly send you without cost or obligation. Use this coupon. V Foster & Marshall INVESTMENT BANKERS AND BROKERS . Member, New Yoti Stock Exchange 44 South Central Ave.. Mdford..Ort. Plsai ind ms a copy el Standard t Poor's Fortes t for I960. Nana. , i A 3'1 15! 4S fjf r 9 ,1 H TK- 7 EXCEPTIONAL 2995 SHOPPING CENTER cities in 1958, substantial amounts of the chemicals were found in 28 samples. The contamination showed up in some milk in these cities: Washington, Provi dence,.. RJ.: . Buffalo, . N.Y.; Cincinnti, Denver; Wichita, Kan.; New Orleans, New York; Trenton, N.J San FranT Cisco, and Seattle. Cities which were surveyed but turned up no trace of milk contamination were Atlanta, Chicago, Minneapolis, Los An geles, St Louis, and Camden, N.J. compliments . . . ... . .... . n iissMaassa' f r fi'lw 'ini Christmas Shop 9:30 Till 9 Tomorrow f , 2 h b 4a. 4 I f H ' " f - - . ' : , ; v? ... -4 v " if - - v t I' it .-.' 15 8" J Hi? ir.'i"g'uii' ' - the 1930s, died Monday.