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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 18, 1961)
o MEDFORD MAIL TRIBUNE, MEDFORD, OREGON WEDNESDAY, JAN8ARY 18, 1961 land Board Begs tor Applicants Seeking Loans ' talem-AM-Th Stat Land ' Board, li bagging' tor appli cant who want to borrow aom ' $10 million In farm, horn and buaincai loan. .- Th available a chunk of money wai brought to light by r Board Secretary E. T. Claret Tueiday during a Waya ' and 'Means subcommittee haaring. . 1 Plerc' . commtnta follow ed som quizzing by Repi. Clarence Barton (D-Coqullle), and George Annala (D-Hood River). The main reason the money It now Invested in average 1 , per cent, bonds inatead of S.I per cent loans. Pierce aaid, is that.the board lacks enough applications from persons who want to borrow. 'Safe' Lean fought In addition. Pierce said, the board teeka situations where it will be sure the money is "safely invested." "Some people don't know that the money is available for loans," Pierce told the lubcommittee. : The money Involved is the $15 million irreducible state school fund, for which the State Land Board acta as trus tee. Barton said he considers It mistake that only $5 mil lion of the fund was loaned at average 5.5 per cent inter est rates, while some $10 mil lion was Invested in bonds that returned only about 3 (er cent to the state, 'tight Montr Mentioned Barton said he waa par ticularly concerned in view of the present "tight money" situation. .. ! Barton said he was Inter ested In the possibility of lib eralising the loan laws to make larger loans possible. i The loans now are granted n 50 per cent of farm land value, and 50 per cent of the value of buildings and land In cities. Barton said the loans might be Increased to 60 per cent. oA 5 In the Day's News ly FKAHK JINKINS PENNANT WINNER - A pennant winner in the beauty league, Dorrie Levine, 20, is a delight to the eyes as she dis plays pennants in New York City during a session of the Na tional College Queen contest. Dorrie, an English major and a senior at Hunter College, hopes to gain the New York City crown so that she can complete in the national finals in June. (UFI Telephoto) Legion Calls for Prayers for JFK On the eve of the Inaugura tion of President John F. Ken nedy, the American ' Legion has called upon its network of 17,000 local posts to spur nationwide prayers asking "God to give the new Presi dent the strength, wisdom and guidance' necessary to carry out his duties." Lind McBeth, commander of Centennial Post No. 100 of the American Legion at Jack sonville, said this measure had been urged by the Legion's na tional executive committee. McBeth said that the recom mendation was being passed on to clergymen here with the hope that each would include suitable prayers in services this week end. "Although the American Legion is a completely non- sectarian organization," Mc Beth said, "the organization was founded on broad reli gious principles and believes that a deep and abiding faith in God is basic to American life." Kennedy Regime May Bring Resurgence of GOP in Oregon tm By A. ROBERT SMITH Mail Tribune Washington Correspondent Washington - Will the years ahead under the Kennedy ad ministration bring a resur gence of Re- ijpv Fjrl puDiican pany f m'j ft MM s t r e n g th in uregunr If recent history is any guidepost for the future, there may be just such a p a r a d oxical smith development. Who would have believed eight years ago, when a new Republican president, Dwight D. Eisenhower, was taking over the White House that in conservative Oregon the tide would start running the other way and bring a flock of lib eral Democrats into power? It didn't happen immediate ly with Eisenhower's election in 1952 in fact, Oregon had an all Republican delegation after that election, except for Sen. Wayne Morse, who had bolted the party during the election campaign and was calling himself an independent. But in the next election, 1954, the Democrats captured a Senate seat when the late Richard L. Neuberger nosed out Sen. Guy Cordon by few er than 2500 votes; and Rep. Edith Green won the Portland congressional district from the GOP. Shortly thereafter Morse registered as a Demo crat and Oregon's Republican strength was badly shaken. Held Top Offices In the State House, Gov. Paul Patterson had succeeded Douglas McKay, who had gone to Washington to be in the Eisenhower cabinet, so the Republicans held the top state offices. And they retained three of the four congressional seats. Came the 1956 election and Morse defeated McKay, this time running as a full-fledged Democrat; Rep. Al Ullman beat incumbent Sam Coon in eastern Oregon, and Charles O. Porter beat Harris Ells worth in the fourth district. All this happened in a state which had given short shrift to New Deal liberalism there tofore, and which even then was giving big margins of elec tion support to President Ei senhower. Nevertheless, dur ing the Grand Old Party's re birth nationally during the Ei senhower years, it fell to its lowest point in Oregon, losing even the governorship and all but one seat in Congress. Then in 1958 the Republi cans regained . tne governor ship with Mark Hatfield. And this past election, wnen Ken nedy was elected, the Demo crats lost one congressional seat when Rep. Edwin R. Dur no defeated Porter. Morse Up for Relection What will happen in 1963 remains to be seen. Sen. Morse will be up for reelection once again, as will all four Oregon congressmen and the gov ernor. It will be a major po litical year for the state, per haps a decisive one for the ideological flavor of the years immediately ahead. Many factors influence the outcome of elections - the skills, ages, views and person alities of the candidates, chief among them. But there is a mysterious kind of Informal checks and balances system that the Founding Fathers may not have envisioned, but which makes its mark never theless. Once a new president is granted the powers of his of fice, he and his policies go on trial with the electorate. At the very next election, he is not on the ballot but his poli cies are. Congressional candi dates may succeed or fail In that election, depending on whether they defend or repu diate those presidential policies. Could Blame 'Ins' Oregon Democrats ran ainst the resource policies of the Eisenhower Adminis tration in 1954 and in 1956, and they won handsomely. They had the advantage which always goes to the outs - they could flail away and blame the "ins" for every grievance imaginable. In 1962 and 1964 the advan tage will pass to the Republi cans. With the Pandora's box of problems which confront Kennedy, he will have to be a wizard to escape criticism. It will be surprising if the GOP does not capitalize on this op portunity by preparing its ablest aggressive warriors for 1962 and 1964 'MARTY' DIES West Point, N.Y.-UPD-T-Sgt. Martin Maher, 84, known to thousands of West Point ca dets as "Marty" died in Army Hospital Tuesday. Maher be came a legend at the military academy for his quick wit and friendship with cadets who rose to high rank. New Secretary Is Named at Ashland Y Ashland - At the a n n u a 1 meeting of the Ashland Y M C A Monday, announce ment was made of the selec tion of a new secretary, Don Cowan of New Westminster, B. C. The new secretary and his family will arrive about April 1. Nine directors were also elected during the business session conducted by Paul Workman, president of the board. Selected for the ensuing year were Harry Wright, Dr. John Reynolds, Ross Johnston, Dr. Dan Engle, Fred Smith, the Rev. James Sinclair and Frank Plnnock. Pierre Rob erts was elected to a two-year term, and Arthur Peters to a one-year term. Guest speaker at the dinner meeting was Dr. J. E. Ander son, Salem, who was intro duced by the national area councilman, Arthur Peters Entertainment was furnished by seven Southern Oregon col lege students who presented Hawaiian dances. Tin first attempt at mining of potash in Canada was made in the 1950s at Unity, Sask., 120 miles west of Saskatoon. (lean Sawdust Fuel SP 2-8086 Timber PromBts company MgDtORD OKtON Try tind Stop Me - By BENNETT CERF- hit A TISS CHOU CHOU HORNTOOT reports that she met a J-'A famous writer on international affairs charging down Madison Avenue with a bulky package under hi arm. Asked to account lor his haste, he explained, "I've just finished the last chapter of my new world history, and I want to get it to my publisher before some new damn thing hap pens." Spotted on a gravestone In Cape Town, South Africa: "In memory of our father: gone to join his appendix, his tonsils, his kidney, hie eardrum, and a leg erroneously amputated by an Interne who craved the experience." Poem composed by a 9-year-old student at a Friends' School: "The wind may be invisible But it certainly can make you mlslble." J 1X1. by Bennett Cart. Distributed by Klna Futures Syndicate MJsW WE STRIVE TO SERVE . . . With dglnity and rverenca to ill who call, this firm has served to the best of our ability, for a quarter of a century or more. Funeral and Ambulance service. Weddings since 1952. LITWILLER FUNERAL HOME Highway 66 at Normal Ave. Ashland Dial MU 5-4541 MlLltwIHer Mrs. Lltwlller Ashland's Leading Funeral Director Since 1935 : Aa required by law and cus tom, outgoing President Eisen hower sends to tlx congress tht following budget esti mates for th fiscal year of 10(2, which will end on June SO, 10J, It months hence: K Income $82,533,000,000 V Expense $80,888,000,000 ' S Surplus $1,468,000,000. 1XR the current fiscal year, which will end on June 30, 1981, approximately five months hence, he foresees in come, expense and surplus as follows: Income $79,024,000,000 ' Expense $78,945,000,000 : Surplui $79,000,000' I ACCORDING to law and , i custom, Incoming Presi dent Kennedy won't submit a budget of his own this year. But h will suggest piecemeal changes in th Elsenhower budget.) SOME more figures, based on these estimates: , At the end of this current fiscal year, which comes on Jun 30, the national debt will be $284,900,000,000. At th end of the NEXT fiscal year (which will come en Jun 30, 1962) the national debt will be $283,400,000,000. WHICH ii to say: At th current rat of 79 . million dollars a year, it would take us 3,075 years to Bay off our national debt. fBut At (h rat of the 1962 fiscal year (which is estimated - to yield a surplus of $1,468, 800,000) It would take us only 195 years to pay off our na tional debt - assuming, of eourse, that In these inter vening year w didn't get ex travagant and run up a big deficit. PR6G- O You se WE'RE MAKING RESS. If w could keep on doing as well as Ik piously HOPES w can be able to do in 1962, we could be out of debt in less than 200 years. IN CONCLUSION, in order to ketD our spirits up and eur faith In the future aliv. let's fall back on Mr. Micaw ber's recipe for happiness, as let forth In Dickens' Immortal David Copperfield: "Annual Income twenty pounds, annual expenditures nineteen, nineteen six, result HAPPINESS. Annual lncom twenty pounds, annual expen ditures twenty pounds ought and six, result MISERY." TO VISIT U.A.R. 'Cairo, U.A.R.-fllflV-Th Cat ' ro newspaper Al Mlssa said Tuesday that Soviet Premier Niklta Khrushchev probably will visit th United Arab Re public In th spring. Vice President Abdel Hakim Amer Invited Khrushchev during hi visit to Moscow last month. Vi BOA PlflM Another Terrific ANNIVERSARY SPECIAL! Famous Brands! S ft? -T ' I EASY . S3 Ssi? TERMS! No carrying charges or interest. We carry our own contracts. There is no extra charge added to your payments. Shop at South ern Oregon's oldest established Furniture Store where you find fine quality at lowest pricesl i fjy i m a .ataw - I I I :::'J:: :ull and Twin Size Some Jnmixhed Sets 1960 Covers o VALUES TO- SIMMONS ENGLANDER WESTORES 39 OPEN. MONDAY NIGHT YOURS I t-UK ONLY LsJ U AND WIEIEIKS & (MOB 114 West Main 0 Phone SP 2-9351 o " A o o o
