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?
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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-
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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
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