Faster Tax Write-Offs
Stressed for Industry
Regional Edition
Medford,
Page 2A
Tribune
Washington - (UPD - Twoidustrlal plants to head oft
Ford ham university econo- serious unemployment threat
mists today urged faster tax I in the years ahead. , .
write-offs on the nation's in-1 They concluded in a lcnglhy
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study published today ' that
"serious unemployment could
result from continuation of
present depreciation policy . .'
The report was written by
the Rev. William T. Hogan,
S.J., and Frank T. Koelble of
Ford ham's industrial eco
nomics program. It analyzed
the relationship of plant and
equipment to employment op
portunities.
"Nearly one -third of our
production plant and equip.
ment is obsolete, they said.
"Should the present depreci
ation tax system be maintain
ed, at least an additional $60
billion worth of plant and
equipment will grow obsolete
by 1970," they said.
The economists added at
least $96 billion was needed
by industry at present for
modernization.
Capital for Expansion
"These figures do not take
into account the amount of
capital that will be needed for
expansion to provide the tools
for an additional 13.8 million
workers in the next 10 years.
"The continuation of our de
preciation policy could well
create a serious unemploy
ment problem in the face of
rapid growth of our labor
force and foreign competi
tion," the report said.
The authors of the report
estimated that the labor force
in 1970 will exceed 87 million.
"Job opportunities must be
created, and this can be ac
complished in great part over
the period in question by the
modernization of obsolete
plant and equipment which
will provide a sound balanced
basis for further Industrial ex
pansion ... '
"Since present depreciation
allowances force business to
cling to outdated equipment
which acts as a drag on tech
nological progress, It Is clear
that, if , they are allowed to
continue, the choice of two
economically unhealthy alter
natives will become inevit
able," they said.
Would Accelerate Trand
The alternatives: Either pro
ductivity will have to be sac
rificed to increase employ
ment or employment will
have to be sacrificed to in
crease productivity.
The economists said if pro
ductivity was sacrificed, the
inflationary trend will be ac
celerated. If employment ia
sacrificed, dislocations occur.
Related to depreciation pol
icy, according to Hogan and
Koelble,- was the problem of
automation and its effects on
employment. They said their
studies showed that where
equipment was modernized to
MEDFORD, OREGON, MONDAY, DECEMBER 19, 1960
Debris of Planes
Being Studied To
Learn Crash Cause
New York -IUPII- The wreck
age of two airliners that col
lided and crashed Friday was
being minutely examined to
day by more than 100 federal
and civil Investigators to learn
the exact cause of the worst
disaster in aviation history.
Authorities also worked to
establish if one of the two air
liners had gone off course and
whether flight control offi
cials had been able to warn
either pilot of the closeness of
the two planes.
Police still sifted the rubble
for victims in the devastated
Brooklyn neighborhood where
a United Airlines DC8 jet
plunged from snowy skies Into
a church and a row of brown-
stone homes carrying 84 to
their deaths and killing others
on the ground.
Assemble Broken Parts
Tile broken parts of both
the DCS and the TWA four-
engined Super Constellation
which apparently collided
high over New York City,
were taken to a hangar at La
Guardia Field where mock
assembly of the liners will be
studied. All 44 aboard the
Constellation, which crashed
on Staten Island, died.
Investigators have confirm
ed that the two planes, both
heading for New York, ap
peered to be closing towards
each other on a radar screen,
There also was some Indica
tion that attempts may have
been made to warn one or
both of the pilots, but investi
gators said it was too early to
draw such conclusions,
"The cause of the crash will
be nailed down with consider
able precision," according to
Thomas Finney, administra
tive assistant to. Sen. A. S.
Mike Monroney, (D Okla.),
who heads the Senate sub
committee on aviation.
He made the statement after
it was reported that a steel
drum on which was etched a
record of the DC8's move
ments had been recovered and
found to be undamaged. As
yet, the record has not been
fully processed.
automation, employment ac
tually increased In - the long
run, and at worst there were
only temporary dislocations in
the short run.
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.W'T'$ WONDIRFUL STORI JT'
U.S. To Continue
Subversive Work,
Defectors Assert
Moscow (UPD Two Ameri
can defectors, William Martin
and Vernon Mitchell, former
code clerks of the National
Security Agency, charged to
day that the United States
will "continue to carry out
subversive activities and in
terference In the internal af
fairs of other countries."
Quoted in an interview with
the official Tass news agency,
the two who defected to the
Soviet Union last summer
said they expected the United
States to continue and to en
large its Intelligence activi
ties.
Martin disclosed that he had
married a Russian girl since
his defection. He called her
wonderful Soviet girl and
excellent housekeeper." He
said he, his wife and Mitchell
planned to devote themselves
to "peaceful, scientific work."
Dulles Fountainhead
Martin said Allen Dulles'
retention as chief of the Cen
tral Intelligence agency was
an indication that American
espionage, activities would gp
uu as usuhi,
"Of course," he sal d
"Dulles is -the fountainhead
and organizer of all these ac
tivities which have character
ized U.S. aggressive foreign
policy in recent years."
Then he added that "the
United States has begun a new
program of espionage in em
ploying spy satellites."
Mitchell said "I don't be
lieve that the United States
intends to cease Its communi
cations intelligence activities.
"The information it gathers
In this manner helps its for
eign policy achieve its ends."
The toll of death 'from the
crash still was in doubt. The
128 aboard both planes all
died and a number were
killed on the ground. Police
reduced the total to 134 Sun
day night after a re-check of
bodies in the morgue. At one
point the toll had risen to
141, based on the discovery
of mangled remains at the
Brooklyn crash site, but it
was reduced on further medi
cal analysis.
Only 56 of the plane dead
and three of those who died
on the ground have been posi
tively identified.
Munich Crash Victims Mourned
Munich, Germany (UPD
Americans and Germans join
ed in mourning today for 49
persons who met flaming
deaths when a U.S. Air Force
plane hurtled into a streetcar
in downtown Munich.
There still was no official
explanation of what caused
the recently overhauled twin
engined Convair C131, with
experienced pilots in the cock
pit, to crash.
But among Germans there
was no resentment over the
fact that the plane belonged
to a nation whose aircraft.had
rained bombs on this and oth
er German cities in World
War II. -
Express Sympathy
They expressed heartfelt
sympathy for the relatives of
the 20 Americans in the plane.
They gave thanks for quick
expressions o f condolence
from President Eisenhower
down to local U.S. military
commanders for the 29 Ger
mans killed. Another 16 Ger
mans were injured, 9 critical
ly. '
Mrs. Sophie Eurich, 68, a
widowed Munich housewife,
said she felt no bitterness de
spite the fact her house was
destroyed by wartime bomb
ing. "I can't help but think of
Stocks Mixed in
Early Dealings
New York - IUP1I - Stocks
were mixed in first-hour deal
ings today.
Some steels showed frac
tional improvement. Lukens
Republic and Youngstown all
tacked on around a half. Jones
4c Laughlin was off a point.
Polaroid stood out with a
gain of more than 2 in the
cameras, Litton spurted
around i in the electronics,
Norfolk & Western nearly 1 in
the rails and Minnesota Min
ing more than 1 in its department.
International Business Ma
chines was among the losers,
slipping more than a point
along with Haveg and Stand
ard Brands.
Du Pont lost more than a
half in the chemicals.
the parents who waited for
their children for the Christ
mas holidays," she said.
Twelve of the victims
aboard the plane were U. S.
students who lived in Munich.
They were en route to Eng
land to join their parents. One
passenger was a soldier who
hitched a ride and the other
seven were crewmen.
Eighteen of the German vic
tims were passengers in the
trolley car. The others were
passcrsby struck by wreckage
or doused by flaming gaso
line. U. S. Air Force officers
joined Munich city officials in
preparations for a public me
morial service Tuesday. All Mayor Hans-Jochen Vogel
Munich traffic will halt for decreed a ban on music and,
one minute in mourning. dancing until Christmas.
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ESTABLISHCD 18967
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Governor's Island
Bridge Ruled Out
Olympta, Wash. - (UPD - The
state cannot build a bridge on
Governor s Island near Van
couver, Wash., because it is
less than 10 miles from the
existing Vancouver-Portland
Interstate bridge, Attorney
General John J. O'Connell
said today.
O Connell said state law
prohibits construction of a
bridge within 10 miles from a
toll bridge unless all bond
holders agreed or unless all
bonds had been redeemed.
The proposed bridge would
be built across the Columbia
river by Clark county, Mult
nomah county. Ore., and the
Port of Camas Washougal,
Wash.
State Sen. Al Henry, White
Salmon, requested the opinion.
Fuel Cell Research
Reaches New High
Washincton-tScience Serv
ice -.Interest in use of fuel
cells has reached a new high
with more than 50 laborato
ries doing work on the prob
lem, Sidney J. Magram of the
Army research office, Wash
ington, said at the American
Institute of ' Chemical Engi
neers meeting recently.
Fuel cells convert chemical
energy into electrical energy
as the fuel is burned in con
tact with the electrodes, which
are separated by a suitable
electrolyte. Hydrogen is the
best fuel and either oxygen
or air can be used as the
oxidizing agent.
Industry Can Use
Nuclear Reactors
Washington-tScience Serv
ice) - Nuclear reactors Involv
ing dangerously radioactive
fuels can be safely operated
with standard equipment nor
mally used in the petroleum
industry, a three-year test has
shown. .
The Organic Moderated Re
actor experiment, or OMRE.
N. J. Swanson, Atomics In
ternational, Idaho Falls, Ida
ho, reported to the American
Institute of Chemical Engi
neers here showed that it is
now feasible to operate organic-moderated
and cooled pow
er reactors with standard ma
terials of 'construction and
equipment commonplace to
the petroleum industries.
The maintenance of equip
ment requires only the use of
conventional tools and me
chanics of .normal skills and
abilities.
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