TUESDAY. OCTOBER 11. U60
jg
Pennsylvania
gTiM.R 'Safe JKB) -'WfefePJI
SUBMARINE LAUNCHED The nuclear
submarine USS Scamp slides down the ways
at Mare Island Naval Shipyard at Mare Is
Drive-Ins
American
By HENRY J. BECHTOLD
UPI Financial Editor
New York -flIPtt- The car is
rapidly replacing the dog as
man's best friend. This to
getherness has
been brought
about by the
post- w a r
growth of
drive-in' thea
t e r s, restau
rants, and mo
tels, and now
the ever -widening
of drive-
: ; Henry Bochtoia in installations
being developed for the con
venience of the American con
sumer,
, The drive-in bank where
the customer, can make a de
posit, withdrawal, loan pay
ment or cash a check without
leaving his car is the most
common retail application , of
these installations today.
While the convenience fac
tor is weighted for the cus
tomer, banks derive some com
fort in that lobby traffic at
peak periods is reduced and
independent units are provid
ed that may be opened before
and remain open after regu
lar banking hours.
Protective Features
Protective features of these
banking windows are attract
ing wider applications in other
retail establishments, accord
ing to Raymond Koontz, presi
dent of Diebold, Inc., manu
facturer of vaults, safes and
other bank and office equip
ment. . Drug stores, dry cleaners
and utilities, among other re
tail operations, use these win
dows to solve similar prob
lems while providing protec
tive features not generally
available.
Retail clerks, like bank
tells, now ' are protected by
a sheath of bullet-resistive
class and bullet-proof steel
as well as alarm systems, all
of which serve to reduce hold
ups drastically.
Retailers, as well as bank
ers, find that these drive-in
installations are used more
efficiently, especially in the
THE
few
W.H.I
Commercial Agnl S)
Room 5, D'Anjou Bldg., Medford, Ore. SPring 3-7366
CHICAGO, BURLINGTON A QUINCY RAILROAD
for Convenience of
Shoppers
downtown areas, according to
the Canton, Ohio, executive.
Shopping Centers
A recent survey indicates
some 900 new shopping cen
ters will be. opened this year,
averaging one bank branch' a
center and at least one drive
in window a branch.
And during the next 19
years 8,000 new shopping cen
ters are expected to be open
Austrian Railroad
Punches Daily Hole
In Iron Curtain
Vienna-IUPD-There Is a hole
in the iron curtain, although
only for the inhabitants of
the western countries.
This hole is the stretch of
railway tracks along which
the Austrian railroad oper
ates a daily train-Eisenstadt-M
a t tersburg-Sopron-Deutsch-kreutz
- in Austria's eastern
most province of Burgenland.
, The " shortest distance be
tween two given points is the
proven straight line. This line
between North and South
Burgenland passes through a
part of Western Hungary that
juts ' into Austria like the
thumb of a right mitten. It is
called the "Oedenburg
tongue" and became part of
Hungary in the referendum of
1921. At this time the Aus
trian railroad received the
right to maintain the "corri
dor train" across the roughly
11 miles of Hungarian terri
tory. Costs Less Than 20 Cents
A Western passenger can
cross from Schattendorf to
Deutschkreutz without a pass
port and without a visa. The
half hour trip which twice
cross the iron curtain costs
less than 20 cents.
The journey begins at the
small Burgenland : village of
Schattendorf, and passes
through Mattersburg. The
conductor comes through the
jUlglloF
DEPENDABLE
TRANSPORTATION
RmitciTrOBClY
I V MOUCAM
FILE
Q BtBtOHD MAIL TRIBUNE, MEDFORD, ORE.
32 Electoral Votes Attracting All-Out Campaigning
land, Calif. The Scamp becomes the Navy's
21st nuclear-powered submarine.
(UPI Telephoto)
Increasing
ed, indicating the scope of
the future market in banking.
It may ! not be too far off,
according to Koontz, "when
a person can drive into town
to pick up his license plates,
pay his taxes and utility bills,
return library books, pick up
a prescription, take the fam
ily out to dinner, and see a
movie, without leaving his
car."
cars, repeating this warning:
"Close the windows, please.
We shall be reaching Hunga
rian territory in a few sec
onds. Don't lean out and
don't stand up-otherwise the
border patrol will shoot. Does
anybody have a camera? Pho
tographing is strictly forbid
den." Suddenly the train passes
through the barbed wire fence
and into Hungary. Just be
yond the wire is the inevita
ble watchtower with a border
sharpshooter keeping his gun
leveled at the Austrian train.
The train rolls on through
corn and wheat fields and
into the small station of Ag
falva. Here Hungarian sol
diers jump onto the platforms
of the cars. They have orders
to shoot if any Austrian
should try trTdisembark or, as
is more likely, if any Hunga
rian should try to jump onto
the "freedom train." The last
successful attempt was more
than 18 months ago when two
Hungarian youths crouched
under the axles and rode to
freedom in Austrian territory.
Crowd Sometimes Waves
The train rolls on into So-
pron for a few minutes' stop,
Nobody Bets off or on. Some'
times a crowd of people will
be there to wave at the train
and its passengers. . although
even that is forbidden.
Moving along farther, the
train pulls into Magyarfalva
the last station before the
Austrian border, and here the
olive-green uniformed Hun
garian soldiers leave tne
train.
The watchtowers appear
once more, rne irain sups
again through the hole in the
iron curtain on its trip 10
f reedom-for Western passes
gers only.
DUKE CHAIRMAN DIES
New York-dlPD-George Gar
land Allen. 86. chairman of
the Trustees cfl the Duke en
dnwment since 1925, died
Monday.
$ SAVE $
59 RAMBLER
$1899
Ambassador
l?EA MOTORS
12th and Riverside
40 CARS READY TO GO
Nixon, Kennedy
Plan Additional
Tours of State
By LLOYD ROCHELLE
Harrisburg - (UPD - Both ma
jor parties are throwing all
their resources into the fight
to win Pennsylvania's 32
electoral votes.
The outlook is doubtful at
this stage. Vice President
Richard Nixon and Sen. John
F. Kennedy have scheduled
additional swings into the
state in stepped up campaigns,
Both sides are confident,
with the Republicans point
ing to the fact that Democrats
have been unable to put their
presidential nominee over in
the state since 1944 when
Franklin D. Roosevelt won
his fourth term. They also
point to their basic strength
outside the large metropolitan
areas.
Picture Said Changed'
But Democrats say the pic
ture has changed, and that
this is a Democratic year.
The traditional Republican
registration lead in the Key
stone State has dwindled from
its strong margin of almost
one million back in 1954 to
23,000 in the primary last
April 26.
The Democrats upset the
16 year hold of the GOP on
the governorship six years
ago, and have steadily in
creased their power on the
grass roots level with court
house and municipal victories
since that time.
The key to victory for
either side may hinge on the
showing in the state's two
largest cities - Philadelphia
and Pittsburgh - which are
Democratic strongholds and
have been holding the balance
of power for the Democrats
in statewide contests in re
cent years. '
GOP Wooi Miners
The Republicans will have
to hold down the- expected
Democratic majorities in those
two heavily industrialized
areas, with large Roman
Catholic populations in order
to push the national ticket
across with the help of much
of the rural and outlying
counties across the state.
The state's hard-coal region,
with its acute unemployment
problems, is also being wooed
furiously by the GOP in an
effort to brine it back into
the party fold. Some anthra
cite counties have strayed into
the opposition camp or have
been turning in sharply re
duced margins for the party.
U. S. Rep. William J. Green,
the efficient leader of the
Philadelphia Democratic or
ganization, predicts a major
ity of about 250,000 for the
Kennedy-Johnson ticket in the
Quaker City - and he has a
record of delivering on his
predictions. His streamlined
organization, for example, de
livered a 123,000-vote margin
for Adlai E. Stevenson in
1956 while President Eisen
hower was carrying the state
by 603,000 votes.
Green is credited with play
ing the major role in Gov.
David L. Lawrence's victory
in the 1958 gubernatorial race,
by delivering a 177,000 plu
rality ifi Philadelphia. Law
rence won the governoship by
a margin of only 76,000 state
wide. Political analysts in Alle
gheny county, where Pitts
burgh is located, figure Ken-
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innun.,uiiiu.(i('i..n..MiH-HHm
Revival in
Concerns
New York - IUP1) - There
has been a revival in silver
demand that is causing some
concern in government circles.
With industrial demand for
the white metal running three
times ahead of domestic pro
duction and demand for silver
coinage rising steadily, the
U. S. treasury has seen its
general silver fund drop
sharply. In the fiscal year
ended June 30, 1960 this fund
was cut by more than 65 mil
lion ounces to just above 157
million (M) ounces.
At present rates of disposal
this general fund silver would
last less than three years, ac
cording to Grosecloso, Wil
liams & Associates, Washing
ton financial analysts.
Question Brought Up
In a study of the silver situ
ation the company brought up
the question of how would
the treasury meet its coinage
needs when its general fund
is exhausted.
The treasury's viewpoint is
to draw upon its monetary
reserve silver. This is the
silver (1,677,000,000 ounces as
of June 30) held to secure
silver certificates outstand
ing. Such certificates, at least
those ' of $5 denomination.
would presumably be replaced
by federal reserve notes,
Groseclose, Williams said.
Substitution of federal re
serve notes for $1 silver cer
tificates would require addi
tional congressional authori
zation.
The company said there
would be several objections
to this policy. Under a mone
tary directive laid down by
act of congress in 1934, public
policy is to increase silver
nedy should defeat Nixon by
50,000 votes in that area. But
they emphasize that is a guess.
Religious Iuu Uncertain
Unemployment, t o t a ling
about 350,000 in the Keystone
State, is a big issue. But one
of the imponderables is the
religious issue and the effect
it will have on the predom
inantly Protestant electorate.
Lawrence, who stayed on
the fence until virtually the
last minute before throwing
his powerful support behind
Kennedy at the Democratic
National Convention in Los
Angeles, is himself a Catholic
He conceded before the con
vention that his own Catholic
ism had been a factor in his
hesitation to run for the gov
ernorship before 1958 - de
spite his role as "Mr. Demo
crat" of Pennsylvania for
many years and the fact that
he could have had the party
nomination at any time in that
period. ' '
State Race Overshadowed
Herbert Hoover won Penn
sylvania's electoral votes in
1928 by a margin of 987,796
votes; compiling 2,055,382
against 1,067,586 for Al Smith.
The contests for statewide
offices have been overshad
owed by the presidential
races. At stake are the posts
of auditor general, state treas
urer and a seat on the state
Superior Court. On the dis
trict level, Lawrence is most
anxious to snare control of
both houses of the Legisla
ture. He has been plagued by
politically divided legisla
tures since his inauguration
in 1959. The Republicans have
been in control of the Senate
for 22 years. ..
$450
HIU,i:
HILL
Si
Demand for Silver
Government Circles
stocks in the monetary
tern until they equal
sys
onc quarter of the total.
Directive Obsolete
The proponents of liquida
tion of the silver monetary
reserve rejoin that this di
rective is obsolete, the study
saia, ana tnere is little point
in maintaining silver as a con
stituent reserve in a system
founded on gold.
However, the company de
clared, the fact is that with
diminishing gold reserves of
the United States, any physi
cal asset of high liquidity and
universal marketability serves
to bolster the monetary sys
tem. Certainly, it added, to re
place this silver with govern
ment Bonds, which would be
the case if federal reserve
notes were substituted, would
only be "another act of in
flationary mayhem."
What also is overlooked by
advocates of selling off treas
ury silver, the company said,
is that silver still is highly re
garded as money in the pre
cise areas of the world where
the United States today is
spending billions of dollars
through its foreign aid pro
gram. And in view of the vast
uncertainties of the interna-
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Methyl trtdemirk for intiknock
. Exclusive in all
tional political scene, the fi
nancial analysts said the pres
ent hardly seems the appro
priate time to be liquidating
a strategic asset like the treas
ury silver reserve.
The company noted that
the consumption of silver in
coinage is bigger than ever
despite the vast substitution
of paper money the past 50
years.
When the federal reserve
system was set up in 1913
the annual requirement for
silver coinage war. less than
10 million ounces. In fiscal
I960 that figure reached 40
million ounces.
The Increased usage is at
tributed to many factors, in
cluding the soaring popula
tion, prosperity of the times,
the rise ot the parking meter,
and the increase in coin-vending
machines.
About four million, of these
machines look in some $2.2
billion in small change in
1959, immobilizing the coins
for extended periods of times.
This was twice the amount
dropped into the machines in
1952 and nearly four times
as much as in 1946.
Silver is finding more and
more demand from industry.
Despite its higher cost rela
tive to other non-ferrous
Gia
compound
3 Chevron gasolines at no increase in price! ;
metals, silver offejs unique
advantages as a raw material,
according to the report.
It offers the brightest color,
the highest electrical and
thermal conductivity and the
greatest degree oP optical re
flectivity. Only gold is more
ductile and malleable, the re
port said.
RE-ELECT
KARL L.
JANOUCH
County
Treasurer
"An Able Public Servant for
a Big Trust!"
Experienced Qualified
to insure continued Thrifty
and Honest Service.
PLEASE READ PAGE IN
VOTERS' PAMPHLET
Pd. Pol. Ad. Karl L. Janouch,
for Treasurer Committee, .
Rt. 1, Box. 240, Central
?oint, Oregon.
CHEVRON DEALERS
STANDARD STATIONS, INC
'. : ,..,. .-A. . .."