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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 2, 1961)
MONDAY, JANUARY 2, ml MEDFORD MAIL TRIBUNE, MEDFORD, ORE. Two Legislatures In South Facing Racial Issues i t Nashville. Tenn.-fllPD-Gcor- ;gia and Louisiana are the only 1 .1 ...-4 ..,US lmrii.U. ,-.UUWlCill niium: (nin- jtures In January face exten sive work in bills dealing with school Integration." ': . ' Southern school news re ported Saturday the outlook Jin the other 12 southern and 'border stateu shows "the prob ability of a legislative letup." ; In 'an article .by Tom 'Flake, associate director of !the Southern Education Re porting Service (SERS), the publication said Louisiana and .'Georgia , lawmakers might ''take action concerning-court-bordered integration of schools $ in Atlanta and New Orleans. ; Court Fights New Orleans currently Is ; engaged in court fights over ''school Integration In two of ?the city's public schools. At lanta has been ordered to in tegrate its schools next fall. i The predicted letup In the 'legislatures follows a seven- year-period during which law makers in the 14 states have 'passed some 300 laws, resolu tions and state constitutional amendments "in efforts to pro Vent, restrict or control school desegregation." Among these "restrictive" measures, the article said, were pupil placement laws, provisions for private schools and for tuition grants, author ity to close schools, repeal of compulsory attendance laws, and penalties against organ izations and Individuals who advocate Integration. The report said state leg islative sessions scheduled for 1961 Include those in Dela ware, Maryland, Missouri, . Oklahoma and West Virginia, border states; in the middle states of Arkansas, North Carolina, Tennessee and Tex as, and in five deep south slates Alabama, Florida, Georgia, Louisiana and South Carolina. Reasons Differ . Flake. said the reasons for the expected slackcrlng In leg islative output on the segre-' gallon-integration issue differ somewhul by georgraphy. - In border states which have started to develop complete ly "nonraclal school policies" lawmakers "show little inclin ation now to touch on the sub ject,? the article said.. Further.', south', Flake re ports,'1 appears to be largely a matter of (1) reliance op existing .statutes, at least for . the time being, or (2) watchful waiting, to see what happens :,bcfore making further major moves." ' ' '. i -Mr t5 r U t 111 lil Y f S -tf 9 J. TtW 4 I'Vf t""" J ,11 1 4: "Si WIVES VISIT UN Shown during a visit to the United Nations are the six wives of the crewmen of the RB47 downed by Russia. From left they are Mrs. Dean B. Phillips, Inwood, N. Y.; Mrs. Eugene Posa, Santa Monica, Calif.; Mrs. Willard G. Palm, Oak Ridge, Tenn.; Mrs. Oscar L. Goforth, Sardis, Okla.; Mrs. John McConc, Tan anoxie, Kan.,, and Mrs. Freeman E. Olmstead, Elmira, N.Y. t- . (UPI Telephoto) Nation's Banks See Another Banner Earnings Year in 1961 By HENRY J. BECHTOLD UPI Financial Editor New York - (DPI) - With a banner earnings year under their belts, the nation's banks look for at least compar able results in 1061. The earn ings picture this year was helped by profits on sc c u r 1 1 1 e s, in contrast to the Henry Bechtold large losses taken by the banks on gov ernment bonds in 1050. Standard & Poor's said tmnk earnings will be adverse ly affected In the first half by reduction in interest rales that topk place in 1060. The rate decline was sharp in the field of short-term loans and! Investments. . A further reduction In rates Is possible, especially if bus iness conditions deteriorate markedly, the stalistloal agen cy said, but predictions of economic Improvement in the second , half may influence maintenance of the current 4.5 per cent prime rate. The average return on loans and Investments of banks in the first half will run behind the like 1960 period, but the situation should change for the better in the second half. Standard & Poor's also list ed several other factors that will have a bearing on bank earnings in the new year. It, noted that wages and salaries have been increasing steadily, but because of the more rapid growth in operating income they now account for about 28 per cent of operating income, against 32 per cent in 1955. Many banks have begun to effect considerable savings through the use of new equip ment designed especially to Increase efficiency of opera tions. Constructive Mergers In addition, the agency said that mergers and extension of operations through branching, as is permitted by the omnibus banking bill in New York, are constructive from a long term standpoint. Despite the slow down in business activity this year loan volume of banks held up well, with each class of loan ' t V Credit gladly nJve" u'9 UiTV I 1 I ' 1 your charge account or " " COATS W) Mk SUITS (' WiLf I DRESSES Air'' FORMALS t BLOUSES FALL & WINTER Ijj FASHIONS O AH This Merchandise Is 11 From Our Regular m OFF Sfock SAVE! SWEATERS Both pull-overs and J . U fl iC Cardigan .(y,..-by AftL HA I 3' REDUCED JLJ JJ i ' 2 PRICE i?5 25 Sportswear 0FF TT -i aaieys OFF .J GLOVES 1 Lot of wool, kid and cloth gloves. 17 South Central remarkably steady.. The aver age amount of loans ran about 6 per cent above 1059. There probably will be some decline in loan volume in early 1961, but an improve ment in business conditions in the second half should be accompanied by increasing credit operations. This should bring loan volume for the full year close to the 1060 record. Prisoner Can Face Jail, But Not Dentist Gulfport, Miss. - (UPI) -Willie Bill Norman, 24, was able to face the tedium of an impending 18-monlh jail term for burglary, but the drilling was too much for him, Norman asked a deputy to take him to a dentist Thurs day, He settled down in the dentist chair, took one look at the good doctor checking his drills, and leaped out of the chair and through a window. Police were still looking for him today. Drivers Linked To Suicide and Homicide Rates Fort yorth, Tex. - IUPD - A study by a Texas sociologist shows tiiat aggressive, hazard ous drivers and people who commit murder and suicide have common characteristics. The sociologist, Drl A. L. Porterfield, is chairman of Texas Christian university's sociology department. The re ported on his study in an article for the American So ciological Review entitled, "Traffic Fatalities, Suicide and Homicide." He pointed out that automo bile accidents kill nearly 40, 000 persons a year ' In the United States. There must be reasons other than "lack of driver education, driver fa tigue, deficiences of roads or machines, or that the fact that the driver 'took one for the road,' " Dr. Porterfield said. I . He reasoned that drivers with little regard for their own lives or the lives of others have higher rates of accidents than drivers who put a high value on human life. Lack of Respect He also reasoned that his "lack of respect for life" might be estimated by checking the suicide-homicide rates in a given population area. So he compared statistics on traffic fatalities and suicide-homicide rates in 60 metropolitan areas. In nearly every area, he found that if the suicide-homicide rate was high, so was the traffic fatality rate. If the suicide-homicide rate is low, the traffic fatality rate was low. "Whatever factors play a part in the positive correlation of suicide-homicide and acci dent death rates, there is no doubt that aggressive, hazard ous driving is likely to be characteristic of persons sim- Ullman Said in Line For Committee Post ' Portland -fflfD- Rep. Al Ull- man (D-Ore.) is reported to be in line lor a seat on the pow erful House Ways and Means committee which frames all tax measures. The Oregon Journal's Wash ington bureau said Ullman was "virtually certain" of ap pointment to one of the com mittee'i two Democratic vacancies. Cuba Charges U.S. Has Invasion Plans United Nations, N.Y. - (UPB -Cuban Foreign Minister Raul Roa charged last night that the United States would launch an invasion of Cuba "in a few hours." He demand ed - that outgoing Security Council Chairman Valerian Zorin of the Soviet Union im mediately call a meeting of the council to hear his charges. Zorin, council chairman for December, wound up the last few hours of his chairman ship early today without call ing the meeting. Sources said he probably would refer Roa's request to his successor, Omar Loutfi of the United Arab Re public. Roa told Zorin that the Uni ted States was ready to start "a direct military aggression against the government and people of Cuba" by "armed groups of the United States and the mercenaries at their service." (White House Press Secre tary James Haggerty com mented," "Nuts" when inform ed of the Castro press charges in Washington.) liar to those who have suicidal andor homicidal tendencies," he wrote. - "Possibly we should begin to check the driver's attitudes and personality attributes as closely as we check his ability to steer a vehicle during a driving test." 7 Russians Far From Peaceful Nuclear Power Development London - IUPD - Russia ad mitted Saturday its scientists still are far from harnessing nuclear power for general peaceful use. The Soviet news agency Tass quoted the president of the Soviet Academy of Sciences, Aleksander Nesmey anov, as saying "for several decades more, carbonic fuels oil, gas and coal - will remain the main source of energy in the world." Nesmeyanov made the state ment in an article in Satur day's issue of the Communist party organ Pravda. Referring to the potential source of energy from nuclear transformations N e smeyanov said "We are now only half way on the road to solution of this task." Controlled Fusion He said that obtaining con trolled fusion was "task num ber One" for scientists work ing on energetics. "It is impossible to say how soon physicists will success fully accomplish this task, but its realization will be . a s t r a tegic breakthrough," he said. . Nesmeyanov predicted that once the new source of power had been tapped there would be development of the world's "poor and scattered" mineral resources. These were much greater, he said, than the "con centrated and rich" resources now being worked. Food Synthesis He also foresaw great strides forward in the chemical in dustry, and automation, to be followed by synthesis of foods and eventually solution of the fundamental problem of the functioning of the live cell. Nesmeyanov looked ahead to world in which scienca would become increasingly precise. "The generation which is now entering school will live and create in a much more mathematized world," he said. Corrected Schedule Listed for Courses Ashland-A corrected sched ule for local college credit evening classes has been an nounced by the. general ex tention division of the state system of higher education. Beginning Jan. 4, course Ed 467, applied mental hy giene, will meet Wednesdays. Courses Ed 470, education of the exceptional child, and Soc. 440, group dynamics, will meet Tuesdays, beginning Jan, 3. Additional information is available by contacting the southern3 regional office of the general extension division, Southern Oregon college, Ash STUDENTS ARRESTED Chilpancingo, Mexico -IUPD Scores of university students were reported under arrest or in hiding Saturday as reinforc ed federal troops patrolled this tense Guerrero state capi tal after a clash between troops and opponents of the state government in which at least 12 persons were killed. Acme Office 1949 "W, Mina Machines SP "3-7964 m WARDS MONTGOMERY WARD here's the sale you've waited for . bigger than ever with incredible savings . . . every item first quality "J m m m 0 i nnnn n nr u .( v. . . f A.ummiii5tmMm IV. . U . ' ; ' ' ' ; SUPERB THRIFT-BUYS AT WARDS WHITE SALE Wards while stocks last FASHION CHENILLE BEDSPREADS Special purchase for this White Sale only. Extra heavy cotton in wedding ring, star, floral and geometrical styles with shag, fringe, plain borders square or rounded corners. 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