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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 17, 1960)
f i Medford Tribune SECTION B MEDFORD, OREGON, WEDNESDAY, AUGUST 17, i860 PAGES 1 to 8 Oil Industry Faces Tide of Discontent in Arab Nations AIRCRAFT HANGER This picture shows the Army Quar- and is fully air supported after its entrance is closed, Half termaster Corp's new frame and air-supported aircraft oval in shape, the 80-foot long, 72-foot wide structure stands hanger. Consisting of a fabric skin over a lightweight 36 feet high at the center. It is designed to withstand gusts metal frame, the structure rests when open upon its auxil- of wind up to 75 miles an hour. iary steel arch-members. It is inflated by a ' small blower (UPI Telephoto) 10 Per Cent Cut in Oregon Personal Income Tax Proposed To Committee Salem- IUPH -Rep. Clarence Barton, (D-Coquille) who heads the Legislative Interim Committee on Taxation, Tues day called for a 10 per cent cut in personal income taxes in Oregon. His proposal would include a wholesale revision of the state income tax law.' Barton's plan also called for the elimination of all state in come tax deduction, with the exception of either a $600 per- POISON OAK? for guaranteed relief vn nature's own antidote BftH Pofcon Ook lotion. Proven through centurlet of uto by American Irtdiant and pioneers. B&H is a natural herb preparation. Satisfaction guaran teed see your druggist. sonal deduction or a 520 tax credit. He would make up toe esti mated $18 million which would be lost to the state through a three cent a pack cigarette tax and by having self-employed persons pay their income tax in quarterly payments as federal law pres ently requires. He said the advance pay ment idea would bring in an additional $9 million during the 1961-63 biennium only that the cigarette tax would add about $10 million. Barton's idea would be to include all of the features in one bill so that if it were re ferred to the voters, as was the 1959 tax bill, the people would be voting on a reduc tion of income taxes as well as the addition of the cigar ette tax and the charge in col lecting the tax on self-employed. Barton reminded the com mittee that in a proposal ad vanced by the 1959 legisla ture by Gov. Mark Hatfield, former Gov. Robert Holmes and Charles Hefty, a tax re searcher in the State Tax Com mission, all called for elim ination or deductions for fed eral income tax paid, contri butions, property taxes and interest. Barton listed two possible sets of rates depending upon What course the committee wanted to follow. If the committee wanted to give a $600 personal exemp- JUNIOR BOOT SHOP PRESENTS & HEWl Children's k. shoes 1 that meet oor--l. exacting at ,i J! $C95 $A95 moderate and -price STAR O SHOES -''FOR CHILDREN Many Other Styles to Choose from As a store dedicated to quality, we feature Blue Star children's shoes. Their firm support, flexible freedom, ample growing room and built-in stamina are a result of modern shoemaking at its best .... the kind we know is vital to the protection of growing feet. Come see our sparkling new styles .... sensibly priced. tion he proposed that incomes UD to S3.000 be taveri 1 nor cent; $3,000 to $6,000, 2 per cent; 5B.UU0 to $8,000, 3 per cent: S9.000 to SI 2.000 A nor cent and those above $12,000, 3 per cent. In addition there would be a 1 per cent tax on the total income. If a tax credit nf 91 was given the rates would be: up to $2,500 1 per cent; from $2,500 to $5,000, 2 per cent; from .$5,000 to $7,500, 3 per ecnt: from S7.SOO tn sin nnn 4 per cent and above $10,000 3 per cent in addition to 1 per of the total. Mosk Warns on Wafer Decision New York - (UPS - Califor nia Attorney General Stan ley Mosk warned today that if the proposed settlement of the Colorado river water rights controversy is approv ed, Los Angeles and 70 other cities would be deprived of their entire permanent water supply. 1. -,,. Mosk told TJ. S. Supreme Court Special Master Simon H. Rifkind the decision Rif kind intended to recommend to the high court "would be nothing short of disaster" to a region of his state in which 7 million people live. Rifkmd today opened hear ings here on the proposed de-' cree that would settle the long bitter, five-state battle over rights to the water of the vast Colorado River system. Mosk said the proposed de cree would reduce Califor nia's share to 44-75ths of the first 7.5 million acre-feet of the consumptive use availa ble, or in effect 1.1 million acre-feet less than the 4.6 million acre-feet already used annually. New York - flJPtt - The oil industry and the Western power governments are fac-; ing a rising tide of dlscon-i tent in the Arab countries over the low price of oil. The matter may come to a head at the. meeting of the Arab Oil Congress in Beirut in October. By that time, some o the Arab governments may be pressing for renegotiation of some o their older con cessions to the big interna tional oil companies or for supplemental subsidies to tide them through the present de pressed oil market. Demand for Subsidies, The latest price cuts in Mid dle Eastern oil touched off a demand for such subsidies by Mohammed Salman, secretary- general of the Arab Oil Con. gress and its representative in Washington. Salman said that, because the royalties the Arab coun tries get depend on prices, the price reductions will cut sharply into their revenue. He said he doubted if the price cuts were really neces sary and implied that the seven major companies were panicky over a small amount of Soviet oil being offered on world markets. Say Cuts Necessary The oil companies say the price cuts are necessary. They admit Russian oil sales are not yet great in the free world - but say they are increasing. However, according to Brie Lindroth, a spokesman for Esso Export Co., which an nounced cuts in Middle East crude of four to 14 cents a barrel on Aug. 9, heavy dis count sales by independents and even by the majors them selves forced the recent price cuts. Salman contended the ma jors were in position to keep the prices up since they con trolled most of the oil. "We ! maintained prices as long as we could," lanaroth said, "but there was just too much oil being offered at discount prices by the Iranians, on oil from the neutral zone be tween Kuwait, and Saudi Ara bia, and by a variety of inde pendents. Even some of the majors had been selling crude at discounts. Lindroth said the discount sales had forced price reduc tions on gasoline , and other Oregon Bar Names Four To Board Portland - (DPT) - Four at torneys have been named to the Oregon State Bar board of governors as a result of state-wide balloting among attorneys. ' Named to the Bar's 12 member policy-making board were Robert T. Mautz of Portland, Owen M. Panner of Bend, Eugene R. Marsh of McMinnville and Harry A. Slack Jr. of Coquille. The four will serve three year terms. They are sched uled to take office when the Oregon State Bar holds its annual meeting at Gearhart Sept. 21-24. Another attorney, Wendell Wyatt of Astoria, was elect ed state Bar delegate to the House of Delegates of the American Bar Asociation. Car Engine Donated To Local High School A 1960 Ford engine, equip ped with Cruisomatie trans mission, power steering and power brake assemblies was recently donated to Medford High school by Ford Motor company. The equipment, valued at $1,200 will be used in the Medford High auto me chanics shop. petroleum products in Europe but not in the United States -"Middle Eastern crude prices j don't affect U. S. product; prices much," Arab Countries Discontented t Lindroth a!so denied the price cuts will affect seriously the Arab lands' royalty reve nues - "production in tile Middle East is up more than enough this year to offset any effect on the price cuts." But the Arabs tend to look at the matter differently. Sal man implied the larger pro duction could be sold at the higher prices thai prevailed before the cuts. And if the Russian threat forces price cuts by the free world com panies, he said the Arabs ought not to have to suffer for that - that the free world governments should make up ; the loss to them. Salman also said the Arab! countries are discontented be cause most of their oil con-! sessions return to theim in taxes and royalties a much smaller share of the total price than Venezuela gets from the same companies for the oil. .' Venezuela and other non Arab oil producing countries have been invited to attend the Arab oil congress in Beirut, Quotes From the News BY UNITED PRESS INTERNATIONAL 4 United Nations, N.Y. 13. Ambassador Henry Cafiot! Lodge, offering an alternative to the VS. proposal that the" United Slates and Russia each give 33 tons of fissionabis; material to a peace bank; T- " "I AJJf UjS, UUViVi , i t , lemafional inspection, our jsajor plants ... if the Seyse. Onion will ihut down equivalent fadHiies." ' J 1r Hoiioman Air Force Base, N.M. Capt Joseph M. Kit-'. linger, recalling the moment when he stepped from a balloon; gondola about ISM miles above the earth to msks the' longest parachute jump in history: . "I asked the Lord for help when I liepped cui and I: thanked Him when my main parachute opened." ; j Washington Sen. John F. Kennedy, disclosing is a huslty- voice that he consulted a doctor about a sinus ailment that., he hopes will clear up by the time the campaign gets goisg:l "The voice it all right its the tinus." Hollywood StarJet Connie Hines, stating that it coulof hurt her career if she was called "another Kim Novak" be cause there's only room for one of a kind: "She very beauiiSul, end it certainly is a compliment to be told we resemble one er.oiher. 1 saw seme resemblance myself, but I wasn't happy about it." Kennedy Points To Role of Underdog Washington - fliPfi - Sen, John F. Kennedy said today he is the "underdog" in the presidential race with Vice President Richard M. Nixon. But the Democratic candidate predicted he would come from behind to win. Kennedy described himself as trailing in the campaign after a new nationwide poll said Nixon was favored by a majority of the voters questioned. Kennedy attributed Nixon's apparent lead to the fact that the pool probably was taken just after the Republican nom inating convention when the GOP nominee was in the na tional spotlight. The Democratic . nominee predicted that the latest poll would give Nixon at least a 6-S edge in the betting odds quoted by Las Vegas, Nev., gamblers. Nixon Outlines Campaign Speech Washington - iOFB - Vice President Richard M. Nixon umrkrwi with kev advisers to day on basie outlines for the first speech of his presiden tial campaign In the once-sol id Democratic Houtfl. Nixon scheduled no formal appointments, except his con stitutional chore of opening thr Spnate. so he could con centrate on his speech tonight in the Greensboro, R, u., Me morial Coliseum. The Republican presidential nominee planned no prepared text, but his campaign aides expected him to open on sev eral major issues, possibly in cluding the touchy one civil rights. 5 MEDFORD PAINT sad Wallpaper Sfort 4th Hellr Plsemdlr Acnst fret Pert Office PHONE SP 2-9321 w Just Arrived at the NEW ANDY'S nuMu if .L JujjuMu. f f L :i..r i that will go with any resm decor. Expertly detailed tarnish- fjM jUI llT H proof mtfol, diffmcfily styled and sensctfonoUy SAiE PRICED! 1 1 EASY CREDIT TERMS KJ88 -nm 1 j -ton w Lin,. . . I JO f jwttgn-uim Li tut . ' ; Alf etocfet or of AIL METAL HO ynfSlkl or piajrfM. Your ' choice of Ssfd color or White, or Cold color and Slack facet. .; factory Gaararrteed for c fUf I ,r. Coprigh! tohb! r!oMt Sflii-exira LARGE Sizes tj4"-w I 'Z iTtmm I 26" Qoldcn Sunburst '!MHms m I 24 " ZcafO Xime Big Diamonds! 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