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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Dec. 1, 1960)
THURSDAY, DECEMBER 1. I960 4 . MEDFORD MAIL TRIBUNE, MEDFORD, OREGON MEDFORD J$&TRIBUNB r -Ji. Tk. Mull THfeunn" PuSUshed Daily except Saturdayly 33 North Fir St., Ph SP 2-6141 'nnnn- m DVTYXT sT-i-itnr HERB GREY Adveitising Manajer ERIC W ALLEN JR. Mnn Edltoi EARL H ADAMS. City Editor n Attn I inir.univ . ... RICHARD JEWETT Sport! Editor DALE EKICK.SUW. uircuiauon wji Entered as second class matter at Mfdioro. Oregon, unun March 3. 1897 Uy Mai) - In Advance. Copy 10o Daily nnd Sunday1 year SIS. 00 r..w. nrf Qnnilav 3 (HOI 4.25 Sunday Only One vear $4.20 -i i T ArlanraMftnford y.T,i.nrt Central Point Eagle Point. Jacksonville Cold HIM Phoenix Shady Cove. Rogue Rlv I ' m.i . ..... m mntnr routes Tlailv and Sunday 1 vear 18 no Dally and Sunday I mo 1-50 Carrier and Dealers copy too All Terms Cash lnAdyanc& flc'al Paper of City of Medford Official Papir of Jackson County United Press International Full Leased Wire TJ p.l To!ephotoNewnplctures TiiEMBES OF AUDIT BimF.AU OF CIRCULATIONS XnHTsTnT'nopfesenntlvc: WEST HOLIDAY CCK INC Of fires In New York Chtcaso De trolt. San Francisco. Los Angeles Seattle. Portland St. Louis At lanta. Vancouver. B.C. NEWSPAPER PUBLISHERS ASSOCIATION NATIONAL E0ITORIAI ASMjCTl(0jh Flight or Time Medford and Jackson County Hlslory from the files ot The Mall Tribune 10. 20, 30. 40 and 50 years ago. 10 YEARS AGO A resolution supporting the West Coast Lumbermen's as sociation in its request for federal intervention in "dam aging" railroad car shortagees will be filed with the Inter state commerce commission by the Jackson County Cham ber of Commerce. An application for a raise In rates was filed yesterday by the California Oregon Power company with public utilities commissions In Ore gon and California. 20 YEARS AGO An estimated 3,000 lumber workers are expected to go on strike tomorrow In various Cnxlfio nnrthweaL mills in a threatened complete shut down nf the industry. From Arthur Perry's "Ye SmnrioB Pnt" column: "A number of citizens are still engrossed with the flu, and putting up a battle worthy of the Greeks." 30 YEARS AGO Santa Claus will be escort ed into downtown Medford to night by "Amos and Andy" of radio fame. The city council last night gave final approval to con struction of the Cottage st. bridge which is expected to provide needed employment during the coming winter. 40 YEARS AGO Dec. 1, 1920 (Thursday) The assessed valuation of property In Oregon went over a billion dollars this year for ti.n firut timp in history. A city traffic committee has recommended that a time limit of 30 minutes be placed on cars parking In the down town district. SO YEARS AGO The official U.S. census gives Medford a population of 8,840, an increase of 392 pel cent, making Medford the fastest growing city in the country next to Oklahoma City. The Medford local c,i the Brotherhood of Locomotive Engineers has voted In favor of a nation-wide strike ogsinst 61 U.S. railroads Dec. 10. What's Your I.Q.? Nina ot ten correct is superior; seven or eight is excellent! five or lis Is good. 1. Name the sea mammal that never walks. 2. The art of producing pictures from plates treated with acid is culled what? 3. What prize fighter was known as the Cinderella Man? 4. What man renowned for his wisdom, built the first temple in Jerusalem? 5. What have the following In common: Kickapoo, Dele- ware, Chipeway and Sem inole? 6. What was the name of the first woman's magazine in the United States? 7. How does the blood reach the veins from the arteries? . 8. What country did Na poleon call "a nation of shop- keeDers? 9. What number Is missing from the following scries: 16 IB. 21 - 30? 10. The standard sized American newspaper has how many columns to a page? Answers: I. Whale) 2. Etch ing) 3. James J. Braddocki 4, Solomon; S. Indian tribes) (. Godey's Ladys' Book) 7. Through capillaries) 8. Eng land) 9. 25) 10. Eight Latin American Challenge "Why have you failed to bring to the attention of the community you serve the danger inherent in this nation's disregard of the Monroe Doctrine vio lation? I would be pleased to read your views on the subject." We presume that our questioner refers to the incursions of communism into Latin America, and specifically the apparently growing influence of Russia in Castro's Cuba. At the risk of appearing less than omniscient, we'll have to confess to considerable confusion concerning Latin America. One needs a program to be able to tell who the players are, and even then, one can't always tell the good guys from the bad guys. Politics south of the border is considerably different than it is in the United States. There are a lot of countries, and each is, to a greater or lesser extent, ditterent These are some of to make an informed judgment on what goes on here. Even the experts get confused, sometimes. IT takes quite a bit of affairs in Argentina, Guiana, British Honduras, Kica, Cuba, Dominican Ecuador, b rench Guiana, duras, Mexico, Nicaragua, Panama, Paraguay, Peru, bl Salvador, Uruguay and Venezula. And our sources of services and news magazines, because or the sheer volume of news days, tend to report on something out-of-the-ordinary occurs and not always then. So the average American, confronted with, say, news of a coup d'etat in one or the other of the Latin nations, doesn't know whether it's the good guys revolting vice versa. It's also possible that it might be the bad guys revolting against other bad guys, too, from our own standpoint, anyway. AS for Castro and Cuba, and Soviet involve ment, several books have been written on this subject, along with dozens and dozens of magazine articles. Once again, as in so depends on who one is books and articles are point of view. According to those most reliable, however, the picture we get is this: Guba has long been exploited, politically and economically, by the United States : there was in Cuba (as elsewhere in spicion ana resentment lossus of the North as a result; there was deep hatred of Fulgencio Batista; and the fact that the u.b. supported Batista, with money, arms and honor, did not sit well with many, many Latinos. X7HEN Castro and his motley guerillas came " out of the Sierra Madre, they swept into power far faster than anyone would have be lieved possible. And in the first months of their power, they initiated a true revolution and a popular one involving redistribution of agricul tural lands, and many other long-overdue re forms. Some will claim that Castro was then, and even earlier, a Communist, out and out. But avail able evidence, as assessed by sober and factual reporters, does not confirm this. Rather, it would appear that Castro began to turn to Russia only after his initial rebuffs by the United States, and, meeting with eager assur ance of help from the Soviets, has since gone in that direction faster and faster. Whether Cuba today Russia's or is going in that But there is no question, sian aid, much as Egypt s be neutralists have. AND the Monroe Doctrine? TPlitif'e i i-if Vs -ii otil-NAtf iirliiftTi K o Knim Knai i nut o auukiici ouuC vi fviiiv.ii uuuno nottc utcu written about. It was first promulgated to serve notice that no further "colonization" would be al lowed in the Western years it was enforced cruelly by the British Navy Is the deployment of Carribean now an exercise of the Monroe Doc trine? Or is it an attempt of some shaky right-wing strongmen ? We confess we don't IHAT we do know is TT There is unrest throughout Latin America. Uncle bam is not universally admired and respect ed there. The Castro revolution has many ad mirers throughout Latin piore his later involvement with communism while still believing in the initial aims of the revolution. And this too we know: It is exceedingly difficult to make an intel ligent assessment of Latin American problems on the basis of the information available, which has been pretty much one-side and superficial. We also know that the Kennedy administra tion faces one of its greatest challenges in Latin America, where the Monroe Doctrine, by treaty, has been extended to be an instrument of the en tire hemisphere, through the Organization of American States, and not just of the United States alone. E.A. from the others. the reasons it is difficult study to keep track of Bolivia, Brazil, British Chile, Colombia, Costa .Republic, Dutch Guiana, Guatemala, Haiti, Hon news, chiefly the wire from everywhere these Latin America only when against the bad guys, or many other cases, it to believe. Many of the written from a special writers we believe to be Latin America) deep su ot the Yanqui the Col is, in fact, a satellite of direction, is in dispute. that he is accepting Rus Nasser and other would Hemisphere. For many U.S. Navy units in the to shore up the strength Central American know. this: America, who may de Dennis the Menace 'Ueni?. I've ken talking to NO ONE USe PAYS WO WLIARSAH HOW? FOPA W0y 9TTe?!' Matter of Fact WAITING FOR KENNEDY Bonn - Chancellor Aden auer, anxiously, impatiently waiting for the first sign of the new direc tion in Wash ington, is a symbol of the whole West- k 'V V P ern alliance. . -J f Under t h r .. t i f A acceptance of f yf President RaaA JsVaa E i s enhower's Joseph Alsop leadership, ea gerness for a new direction in Washington has been vis ibly growing in every major Western capital for a matter of years. The fact that this eagerness is known to be shared by the German Chan cellor, the special intimate of the late John Foster Dulles, speaks volumes in itself. Initially, it must be added. Chancellor Adenauer hoped that the man who would give the new direction would be Vice President Nixon. His concern was so great, in fact, that he took the unusual meas ure of sending his minister of information, Felix von Eckardt, on a mission to the United States at the begin ning of the presidential cam paign. Von Eckardt went, in effect, as the special political reporter of the German gov ernment. VON Eckardt returned after an extensive inquiry, which culminated in long private talks with both the Republi can and ,.Uemocralic candi dates. He predicted the vic tory of President-elect Ken nedy. Perhaps more impor tant, he also told Adenauer that he could stop worrying, because Kennedy could be counted on for vigorous and firm leadership of the West. The cause of the Chancel lor's previous worry about the election of Kennedy was, quite simply, his expectation that Adlai Stevenson was destined to be Kennedy's secretary of state. Adenauer deeply dis trusts Stevenson because he is convinced that Stevenson actually holds the distinctly soft views on Berlin and other problems which were attribut ed to him by the French news paperman who published an unauthorized interview last spring. Apparently von Eckardt was in a position to report that Stevenson was unlikely to be Kennedy's secretary of state. In this connection, it is worth noting that the precise aspect of Stevenson which most alarmed Adenauer -his view on Berlin - also appears to have been the aspect which made Kennedy reluctant to name Stevenson to the secre taryship. , riMlE crucial episode in the Stevenson . Kennedy rela tionship, it can be said, was Stevenson s journey to con fer with Kennedy at Hyannis just after the Democratic con vention. Stevenson then ad vised the kind of compromise at Berlin which would have left the freedom of the city quite largely dependent on the reliability and good faith of Soviet guarantees. Kennedy's reaction to this advice may be judged by the post-election statement on Berlin which he made for European consump tion - certainly the most un compromising statement made on this topic since the Berlin crisis began two years ago. That Kennedy statement, added to von Ecknrd s person al report, are the main reasons why optimism about the Ken nedy administration is now heard on all sides in Bonn. where a Republican defeat used to be almost as much feared as in Formosa. A lesser reason is the extremely mala droit performance of the re cent mission headed by Sec retary Anderson, Ironically, ;li is is supposed to have led Chancellor Adenauer, now a vigorous 84, to remark that the American government 'St the cth eb aothers and By Joseph Alsop "evidently needed rejuvena tion." The degree of confidence that the German government now tentatively gives to the new American leadership may be judged, in turn, by one of the ideas about the next round in the Berlin crisis that is now being considered in high quarters here. rpHE Chancellor and his min-- istcrs agree that the next nun J cannot be indefinitely put off. Nlkita S. Khrushchev has said as much, with great emphasis, to the German am bassador in Moscow. But after swearing that he would sign a separate peace treaty with his East German puppets if he were kept waiting too long, Khrushchev also said he would be content if negotia tions were renewed in the spring. He also seemed to in dicate that the mere renewal of negotiations would be enough to satisfy him. Obviously, however, a se riously prepared summit meet ing cannot take place so soon after the new American gov ernment has been formed. Equally obviously, not much can be hoped from a resump tion of the Foreign Ministers' talks about Berlin. Hence one idea now current here is that the next round should begin with a simple Khrushchev- Kennedy meeting, not of long duration, not for active bar gaining purposes, but solely to allow the two men to take each other's measure. If Bonn were not optimistic about Kennedy, such an idea for a new start would not even be considered here. (Copyright 1960 New York Herald Tribune, Inc.) Communications Letters to the Editor must bear the name and address of the writer although under cer tain circumstances the use ot a pen name oi initial for publica tion is permissible. The Mail Tribune reserves the right to edit all letters with an eye to clarification and condensation Letters suhmltteo for publica Uon must not exceed 400 words CARE To the Editor: This is the time of the year that we buy presents for friends and rela tives. Some are accepted with joy and some just accepted. But a package from CARE, to the starving people of pov erty stricken countries, will be truly gratefully accepted. And will be accounted as treasures In heaven to you who are considerate of these people. There is another thing I would like to add at this time. In the days when Israel was taken in war, the Lord said to the people that it would have been better for them to have been merciful and forgiving, rather than ask for forgiveness, and would that you had sought knowledge of me, rather than build churches and temples in my name. May the grace of our Lord be with all of you who seek Him and those who consider Him from time to time. Contributions to CARE will be taken care of by your local postmasters or send to CARE, Meier & Frank, Port land, Ore. T. M. S. (Name on file) Rogue River, Ore. Retirement Home Due at iMcMnnvi'le McMinnville - IUPD - Plans for a $4 million retirement home here called "White Manor" have been announced. Dr. B. A. White said con struction of the home, even tually to have 400 apartments, will begin next spring. Apartments will be in the luxury class, between $10,000 and $20,000, and will be pur chased outright from the oper ators, a local board of citizens. Political Q Substantia By LYLE C. WILSON United Press International Washington (UPlt There is hftillntr lm nnuj in ilno Itnitjiri States an angry political ques tion similar to but more sub stantial than tho ri i t n it i p 4 over s t a t e s' rights. This new dispute is over city rights as opposed to ru ral rights. It ..... is more sub stantial than the states' rights dispute because the states' rights political dispute was settled long since. You might say the settlement began at Gettysburg and, finally, was sealed at Appomatox Court House. Drummond Reports Roscoa Drummond reports on tht Washington seen in the ab sence of Walter Lipprninn. CASTROISM EXPORT BRAND Mexico City - Castroism-by-export is a growing peril throughout Latin America. The Castro revolution may well be losing some appeal to the Cubans, but it still exerts a dangerous appeal to the peo ple of the whole Caribbean area - and beyond. The most dangerous period Is still ahead. The consensus is that in attempting to step up rebellion beyond his bor ders, the Cuban dictator is in large part acting out of des peration. The impact of Castroism is visible even here in Mexico, the most stable, mature, and prosperous of all the South American republics. This will be the subject of another col umn, but first I want to give an over-all picture of the dan gers which are rapidly devel oping from Cuba's mounting efforts to export Castroism Dy force to other Latin American countries. e THOSE who are close to events, both in Cuba and throughout Latin America, be lieve that the following is a careful statement of the facts and they are foreboding: 1 - Like most dictators Cas tro has come to feel that he must expand his revolution abroad in order to retain his hold at home. He has come to see his own security - and the security of his regime -as bound up in his ability to impose, by force if necessary, a Castro brand of revolution upon his neighbors. 2 - Whatever his earlier in tentions, Castro has become a firm and obedient front to the Soviet Union. This is evident in Mexico City where the Cu ban diplomatic staff is an ad junct to the Soviet Embassy. Often Cuban diplomats have been seen going direct from the airport to Soviet head quarters. The export of Castroism by force is being carried out un der Soviet direction by Soviet arms to serve Soviet purposes. Castro has made them his own. On the outside of the package the "export" is mark ed "Gift from Cuba." On the inside it is clearly "Made in Moscow." 3 - Whatever difficulties Fi del may be accumulating at home, his capacity to make trouble outside Cuba is very great. Before it can be con tained, it may well produce some Castro-type satellites for the use of the Communist bloc. PASTRO has today the arms. the men, and the will to try to ignite revolutions in half-a-dozen or more of his reachable neighbors as he has already tried, temporarily un successfully in Guatemala and Nicaragua, plus a few passes at Honduras. El Salvador and oil-rich Venezuela are inviting targets. There are also Bo livia, Peru, and Ecuador. None of these governments can be sure they are strong enough to resist what a Soviet-aided Cuba can recklessly throw in to a series of fomented rebel lions. 4 - Castro literally has arms to give away. He has 20.000 tons of Communist-bloc munitions. These include eight MIG fighter planes. Soviet tanks, helicopters, and more than 100,000 automatic rifles and machine guns, all acquir ed in recent months This is in addition to the stores of military equipment captured from the Batista forces. The Cuban leader has a militia twice the size maintained by Batista and arms supplies far greater than anything he could use at home. From a military standpoint, he is not denuding the home front to Invite outsiders either "to come and get it" or to try surreptitiously to shift these arms to rhem - over and around units of the U. S. fleet. uestion Now Appearing Is More I Than State's Rights The states now are inferior to the federal government and have no rights in opposition to the federal government in large and expanding areas of national life. That may be good or bad, according to the point of view, but it is a fact. The city - rural political struggle is developing now on several fronts, all increasing ly active. Effect on Presidency The Electoral Front: The big, industrial city vote ab sorbs, overcomes and nullifies the rural votes in the larger states in almost any presi dential election. On the pre vailing winner-take-all elec toral college basis, the big cities enjoy an advantage which some persons deem to be both unfair and unde sirable. Amendment of the Constitu tion is proposed to correct this situation. Sen. Karl E. Mundt, (R - S.D.), advocates amend ment which would require each state to elect one elector Tito's Latest 'Revision' Again Invites Wrath In Russia, China By PHIL NEWSOM UPI Foreign News Analyst Josip Broz Tito, whose de fiance of , Josef Stalin made "Titoism" a dirty word In i n t ernational commu n i s m, once again has invited the wrath of Mos cow and Pei ping. Tito, who is both president of Yugoslavia and secretary fiiilnewsom general of the Yugoslav Communist party, has announced that, effective in 1962, a new Constitution will reduce the role of the state and give more power to the worker. In the Day's News By FRANK From Sacramento: A mild outbreak of gold fever may be imminent in California's mother lode be cause of the nation's decreas ing gold supply. Bruce Allen, of Los Gatos, chairman of an assembly interim commit tee on manufacturing, oil and mining, says: "Concern over U.S. gold reserves has receiv ed particular attention in Cali fornia, where a large propor tion of the nation's gold de posits are located." QUESTION: How big is California's gold mining industry? It isn't very big. The Sacra mento dispatch adds: "At the moment, Califor nia's gold industry consists of five dredges working in the Marysville - Sacramento area and two medium-size mines in Sierra county. The Division of Mines reports that there are also claims scattered over Northern California." The report says: "These claims are normally worked by one or two men when the weather permits. When the weather is unfavor able, the work stops." WHY so little mining? It isn't that there is no gold left in California. There is a lot of it in the ground. There's a lot of it left in Southern Oregon. But, at pres ent day wages and cost of living that makes the high It is not safe to assume that it cannot be done. 5 - The recent Castro-supported rebellions are only the beginnings of larger adven tures. Fidel's first failures are not very encouraging. Castro can - and many believe he will - take the greatest risks in tryine to acquire some sat ellite, Communist-oriented al lies because the risks are less than trying to survive alone. Castro can sprinkle his arms and agents over a wide Latin American area and even if successful in only one or two countries. Castroism would be gainer. Castro would be the little winner -Khrushchev the big winner. nPHE consequences of export- 1 ed Castroism are intended to be and would be a spread ing Communist base in the Western hemisphere, disunity among the American repub lics, disintegration of the Or ganization of American states, and on top of it all a massive hemisphere-wide anti-U.S. cru sade which would make the violent attacks on Vice-President Nixon look like nursery stuff. In the fact of this ominous prospect. President Eisenhow er and President-elect Ken nedy will need to work in close concert lest Castro should feel he could use the transition with impunity. (c) 19S0 New York Herald Tribune Inc. in each congressional district and two at-large. . Rural congressional districts voting Republican, for exam ple, would be represented by a Republican elector regard less of the size of the Demo cratic majority which might be run up in that state's in dustrial metropolis. A resolu tion proposing this amend ment will be submitted to the new Congress. The Legislative Front: This really is two fronts on both of which the rural voters have an advantage. By gerrymand er andor failure to re-district to conform to population growth, rural voters have come to be more adequately represented in Congress and state legislatures than are city folk. Gerrymander, however, can work both ways. Major Court Case The Supreme Court has ac cepted for consideration a dis pute arising in Tennessee where there has been no re districting since 1901 for seats The new constitution, he said, would recognize that "the citizen has the undeni able right to work and acquire an equivalent Jor his work." Still a Communist The announcement made Tito no less a Communist than Nikita Khrushchev or Mao Tse-tung, and Yugoslavia no less a Communist state. But it was sure to draw the anger of both Moscow and Peiping, who themselves are engaged in a struggle over interpreta tion of Communist doctrine. In the Communist lexicon, Tito is a "revisionist," which means that on his own road to socialism he departs from the sacred teachings of Marx and Lenin. On the other end of the JENKINS wage scale unavoidable, the established price of $35 an ounce doesn't leave much profit in the great majority of cases. WHAT to do? A lot of people (espe cially thise interested in min ing) say RAISE THE PRICE OF GOLD. The figure most discussed seems to be $105 an ounce. At that price, it is asserted, gold mining would again become profitable and a lot of it would be taken out of the ground to be added to the nation's dwindling gold reserves. ' It sounds interesting. But, as is so often the case, there's a catch to it. Tripling the established price of gold would amount simply to infla-tion-that is to say, MORE money, worth LESS. So, as the price of gold went up, the. cost of getting it out of the ground would go up cor respondingly, and in the long run nobody would be any better off. It would be just another case of the cat chas ing Its tail. QPEAKING of money, Call -J fornia's state director of finance, John E. Carr, says this morning: "Californians are saving MORE money, spending LESS money and re fusing to BORROW money." Is that bad? At the first blush, it sounds that way. But let's get on with the financial news. URANK MACKIN, Califor nia's superintendent of sav ings and loan companies, re ports today: "These companies are paying 4V4 per cent on de posits, which are picking up so fast that after the summer Try and Stop Me By BENNETT "PF rpiE HIGH PRICE of a good t ? bnd"new cnsis in the pare dinner her first night on the job, "Vera!" called the lady of the house, "why aren't you preparing dinner? We're starving!'' "At the salary you're paying mc," replied the new cook loftily, "I don't have to cook in a hot kitchen. I'm taking you all out fop dinner at the Colony." Dartmouth senior to his Welleslev swAthpavf- e.y penny oieI worU. tJ : VCS rd a a fashionabI! ncw hotel in the Catskill Mountains Borscht Circuit: "Put down Umt lorgnette, Mama, and comeloia US dancing this kazatsky." Jw dm bt Staottt Cut SUtritouad tyr Klaf fmtuiu amiictl Dispute in the legislature. Tennessee s Constitution requires re-districting every 10 years in con formity with population growth. This case was initiated in behalf of Tennessee cities. It is calculated that in the cir cumstances prevailing, some Tennessee city and suburban areas enjoy only one-tenth of the representation to which their population entitles them. These are not minor squab bles. At stake is political con trol of the United States. Tho powerhouses of American pol itics are involved and opposed in them. For example; The AFL-CIO News laments major Republican gains in state leg islatures on last Nov. 8. "The trend," reported the News, "was a return to con servative domination of leg-islatures-a domination built on legislative districts, which deny residents of big indus trial cities their proportionate share of state representatives and senators.". ideological spectrum is "dog matism," which, according to Moscow, is the refusal to adapt to changing times. This is the crime of which Moscow ac cuses Peiping. Tito first earned Stalin's ire when he held that there were different roads to so cialism. Now he defies Moscow to declare that the state can be gin to "wither away" even as a strong Socialist nation is being built. The Moscow theory is that a perfect state less, classless society can be achieved only through a per iod of transition beginning with a "dictatorship of tha proletariat" in a strong cen tral government. Musi Be Premature Therefore, in M o s c o w's eyes, the new Yugoslav Con stitution reducing the power of the state must be prema ture. Further heresy is Tito's statement that the individual has the right to "acquire an equivalent for his work." This smacks of private en terprise, a condition of which only remnants remain in So viet Russia or Red China. Aside from artists and au thors who may collect indi vidual rewards, the last pri vate businessmen in the So Viet Union are the peasants. From the small plot of land which surrounds each of their homes they can harvest and sell the fruits for whatever they can get. of 1961 there might be a drop in the interest rate." William J. Murphy, Cali fornia state superintendent of banks, says the banks are expanding into more and more branch offices. He adds that five NEW banks will probably be approved in the next two weeks. That's the way it works. When interest rates are high, people tend to spend less and save more. When interest rates are low, people tend to save less and spend more. The simple fact is that money is a. commodity, whose prices are governed by the law ot supply and demand. What this saving up means is that in the course of time there will be plenty of money saved up again to lend to people who are in a position to make constructive use of it. That will be GOOD. Bandit Gets $30 at Portland Drug Store Portland - IUPD - A bandit escaped with about $30 from a drug store in downtown Portland Wednesday evening. It was the city's 21st armed robbery in 30 days. cook in Nov, York produced home of a prominent mer-