Kennedy Expected To Quickly Sign
RiEI Tn Extend Jnhlpcc Pav Rpnpfitc
Washington -(UPD-President
Kennedy is expected to sign
tho tnhlsc nnv hill into law
quickly so that unemployed
workers can start drawing the
extra benefits in about two
weeks. '
Ttia Kill first nf fh tarimin.
istration's anti-recession
measures, provides for a $1
billion extension of unem
ployment compensation pay
ments to idle workers who
have exhausted their regular
benefits. -
It went to the White House
Wednesday ' when both the
Senate and .House ga ve
speedy approval to a compro
mise version. The House vote
was 361-31 and the Senate
acted by voice vote.
The administration esti
mates that 3,123,000 people
could draw the extra benefits
during the next year or so. It
said payments could start
going to eligible unemployed
within two weeks after enact
ment. The bill would provide up
to 13 weeks of extra pay
ments to unemployed workers
who have exhausted or will
exhaust their regular bene
fits during the two-year per
iod between last July 1 and
June 30, 1062.
The additional benefits
would be financed by raising
from 3.1 to 3.5 per cent the
payroll tax imposed on all
employers covered by the un
employment insurance pro
gram. The additional tax
would become effective next
Jan. 1 and continue for two
years.
The states finance and ad-
Morse Presses for Tongue Point Use
Washlngton-WPD-Sen. Wayne
Morse (D-Ore.) Wednesday car
ried bis fight for reactivation
of the Tongue Point Naval
Station at Astoria to Defense
Secretary Robert McNamara.
Morse suggested the station
be used for oceanography re
search. He said it "would be
difficult to find a better lo
cation." . .'
Morse also suggested the sta
tion might be used for sub
marine, missile or Air Force
training purposes or as a
Coast Guard installation.
The Oregon Democrat also
renewed an attack, made
earlier on the Senate floor, on
what he termed "discrimina
tion" against the state in locat
ing defense installations and
the awarding of defense contracts.
minister the regular unem
ployment compensation pro
gram. The federal govern
ment will advance the money
for the extra benefits and
will recoup the outlays from
the tax on employers.
The final bill was a com
promise of slightly different
versions approved earlier by
the House and Senate. The
Senate had voted to make the
employer payroll tax effec
tive immediately but the
House insisted on the Jan. 1
date.
Employers would pay the
tax on the first $3,000 of each
worker's wages.
Chief objection to the bill
came from lawmakers from
states not afflicted with ma
jor unemployment. During
House debate, some members
protested it would drain tax
money out of their states Into
other areas.
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127 North Central
Legislative
Committees OK
Several Measures
Salem - (UPD - Bills extend
ing civil rights to customers of
all general service businesses,
creating a state revenue dc.
partment, and setting up 50
"blue chip" scholarships won
approval of legislative com
mittees Wednesday.
The Senate State and Fed
eral Affairs committee moved
out with "do pass" recom
mendations the civil rights
and revenue department
measures.
The former would prohibit
racial or religious discrimina
tion- by barber and beauty
shops and similar businesses
The measure has been called
the "barber bill" because bar
bers are among the main op
ponents.
The proposed revenue de
partment is one of the cabinet
agencies envisioned in Gov
Mark Hatfield's government
reorganization plan. It would
be the nucleus of a general
government services depart
ment to come later.
The three -member State
Tax commission would be
abolished and its appeals func
tion transferred to a tax court.
The committee frowned on
Hatfield's suggestion that in
heritance and gift tax collec
tions be taken from the state
treasurer and put under the
new department.
As sent out, the bill would
not affect these functions.
The committee tabled a bill
allowing county employees to
bargain collectively for wages
and benefits and approved a
resolution setting up a com
mission on constitutional re
vision. The commission would
include 12 members in gov
ernment plus all ex-Oregon
governors.
The House Education com
mittee gave approval to tUe
scholarship plan under which
50 picked students would be
awarded grants worth up to
$500 each to attend a public
or private school of their
choice. The State Scholarship
commission would choose the
students.
The house barely approved
and sent to the senate a bill
to prevent Hatfield from mov
ing State Welfare commission
offices from Portland to Sa
lem. The vote was 33-27, general
ly along party lines with
Democrats for and Republi
cans against.
Tho move is slated to begin
next month and Hatfield has
ordered it completed this sum
mer. HB1015, which the governor
will undoubtedly veto if it
gets to him, would establish
Portland as the permanent
headquarters of the welfare
agency.
Banks Will Pay
Interest Daily
Portland -0IPD-Oregon resi
dents were to receive addition
al interest on savings as a
result of action by three banks
to give interest on a daily
basis, It was revealed today.
The additional interest to
be paid was about $1.67 mil
lion. The plan was announced by
Leland H. Johnson, vice presi
dent of the Bank of California.
He said savings accounts
would draw interest at 3 per
cent daily with interest com
pounded quarterly beginning
Wednesday.
The First National Bank of
Oregon took similar action
with the plan to go into effect
beginning April 1.
Ed. J. Kolar. president of
the U.S. National Bank, said
daily interest probably would
begin after March 31 when
the board of directors meets.
A fourth bank, the Security
Bank of Oregon, has been on
a daily interest payment plan
since Oct. 1, I960.
The change will increase
the amount of interest to sav
ers without hiking the stand
ard three per cent rate, the
highest banks enn pay under
present law.
House Tackles Minimum Wage Plan;
President Faces Stiff Uphill Fight
Washington-flJPD-The House
plunged today into a mini
mum wage battle that prom
ised to provide another
cliff-hanging test of Presi
dent Kennedy's legislative
program.
As debate began, a conser
vative coalition of Republi
cans and southern Democrats
held the upper hand. But the
President's supporters said
they would not admit defeat
until the votes were counted.
As he did in his thin vic
tories on House rules and the
feed grain bill, Kennedy sent
his aides and associates into
the fight to help his congres
sional supporters.
While publicly refusing to
concede they were behind,
liberal Democrats were ad
mitting privately they might
have to give up Kennedy's re
quest for broad new coverage
of workers under the wage
hour law in order to get the
$1.25 hourly wage floor
sought by the administration.
Such a compromise was ad
vanced Wednesday by Rep.
Carl Vinson (D-Ga.) who con
ferred with Labor Secretary
Arthur J. Goldberg during
the hectic day of backstage
maneuvering.
Regional Edition
Medford
Page. 2A
Tribune
MEDFORD, OREGON, THURSDAY, MARCH 23, 1961
Stocks Turn Lower;
Sellers Concentrate
On Leading Issues
New York-fflPD-Stocks ran
generally lower today.
Sellers concentrated on lead
ing steels, autos, chemicals,
oils and rails. All five groups
were dotted with losses rang
ing from lh to I'i points;
Bethlehem was an excep
tion, managing a small frac
tional gain, but Du Pont lost
14 in the chemicals and Kerr
McGee and Shamrock, recent
oil favorites, lost around 2;
Victims among the rails in
cluded Nickel Plate, Pennsyl
vania, New York Central and
Southern.
DOW-JONES AVERAGES
New York - (DPI) - Dow
Jones final stock averages:
30 industrials 679.38, up
Portland Traction
Transfer Pending
Portland-IUPD-Pending sale
of Portland Transit Company's
stock ownership interest in
Portland Traction Co. to
Pacific and Union Pacific Railr
roads for some $4,275,000 was
announced today. I
Portland Traction is e whol
ly-owned freight carrying sub
sidiary of Portland Transit.
Application will be filed
with the Interstate Commerce
Commission for approval of
the purchase agreement. The
announcement said the price
would be subject to changes
of value up to the closing date
of the transfer.
Portland Traction operates
a terminal freight service be
tween Portland, Oregon City
and Boring. Its traffic con
sists of freight received from
or transferred to transconti
nental railroads serving Port
land.
Charles C. Bowen, presi
dent, in his annual report to
Portland Transit shareholders,
said the sale as proposed was
in the present and future
Interests of the parent com
pany." He said the railroads
were logical operators of the
short line railroad and its ac
quisition by them should aid
in industrial development of
the area.
NOW YOU KNOW
United Press International
In February, 1955, Clin
ton Locy of West Richland,
Wash., preached a sermon
which lasted 48 hours and
18 minutes. There was a
congregation of eight at the
finish.
0.65; 20 railroads 150.81, up
1.00; 15 utilities 112.07. up
0.28, and 65 stock. 229.96,
up 0.57. Sales Wednesday
were about 5.84 million
shares compared with 5.8
million shares Tuesday.
Wednesday', price, on selected
stocxs:
Allied Chemical 60
Alum Co Am .:. 76tt
American Can 38,a
American Motors 20
A T 4 T
American Tobacco 75 V2
Anaconda Copper 53
Armco Steel 71 V3
Bendix Corp 63
Bethlehem Steel 45J,'
Boeing Air 36
Brunswick 64
Caterpillar Corp 34
Chrysler Corp 44
Coca Cola - 85 V
Continental Can 37
Crown Zcllerbach 56l,a
Curtiss Wright 20
Dow Chemical 76
Du Pont 210
Eastman Kodak 115U
Firestone 39
Ford 79
General Electric 611
General Foods 81
General Motors 47
Georgia Pacific 63
Greyhound 21
Gulf Oil 37
Homestake Mining 43
Idaho Power 53
I. B. M .700
Int Paper 32
Johns Manville ;.. 72
Kennecott Copper 85
Lockheed Aircraft 41
Merck 84
Montana Power 33
Montgomery Ward 33
Nafl Biscuit 83
New York Central 21
Northern Pacific , 49
Pac Gas Elec 84
Penn BR i... 15
Phillip. 59
Proctor and Gamble -.160 .
Radio Corporation 58
Safeway 46
Sears 60
Shell OH 45
Socony Mobil Oil .. 43
Southern Co 52
Southern Pacific 24
Sperry Rand 28
Standard California 51
Standard Indiana 40
Standard N. J 46
Sun Mine. 7
Texas Co 99
Texas Gulf Sulfur 25
Texas Pac Land Trust 20
Transamcrlca 32
Trans World Air 16
Tri-Continental 41
Union Carbide 132
Union Pacific 33 '
United Aircraft 43
United Air Lines 41
U. S. Rubber .. 54
U. S. Steel 86
Westinghouse 44
Pacific Air Lines
Request Rejected
Washington (UPD The Civil
Aeronautics Board Wednes
day turned down a request of
Pacific Air Lines to provide
direct ' service between Med-
ford and Portland.
The board said the airline
failed to show an urgent need
for its proposed -service.
The board also said the re
quest did not appear to have
any civic party support and
the possible subsidy savings
did not appear "to be so great
as to require the grant of the
request."
Court Upholds
Multnomah Edict
Snlcm - OTP - The Oregon
Supreme Court Wednesday
upheld a Multnomah county
circuit court decree enjoining
the Pacific Moat Co. from dis
charging untreated industrial
waslcs Into the Columbia
slough at Portland.
The state sanitary authority
brought the suit and the meat
company appealed the circuit
court decision.
The high court, in a per
curiam opinion, modified the
di-oroe Issued by Judge pro
tern Krank S. Sever to the
extent that it was "slightly
broader than the relief sought
by the sanitary authority."
The decision said the sani
tary authority sought only to
prevent the company from
dumping wastes without ade
quate prior treatment.
All that remains for t h e
company to do is to prevent
pollution by maintaining and
to "operate properly" a sys
tem of lagoons already con
structed, the court said.
Get Ready For
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