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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (April 30, 1962)
Makes Him Choke Up Humphrey, Dirksen Expound Spring; Propose Floral Gardens at Capitol By DICK WEST Steps should be taken, he i peace to the hearts of all who Washington - WD If ever i said, to make the Capitol j labor here.' MedfordTribune Western Airlines Sets New Flights SECTION B MEDFORD. OREGON. MONDAY, APRIL 30. 1962 you need something to make your heart sing. I recommend that you ac quire a copy of the Con g r e s sional Record and ' X '1 fringed with gardens'' so that all might enjoy "the nat ural colors and blossoms of nature." Humphrey's aesthetic obser vations caused a stirring in the breast of Dirksen, the turn to page Senate Republican leader 6605. There: whose larynx is lined with you will find, ! rose petals. in all of its Declaring gladsome full- ported" by ness. Sen. Ev erett M. Dirk- sen's lyrical oration on spring ilowers. Just the thought of it makes me choke up. This is not so much sentiment, however, as pollen dust, which gives me ' gentle hay fever. : would himself "trans- Search, Rescue Team Planned Sun Francisco - H'PD - Wcst- PAGES 1 to 8 ! o n Airlines announced Siitttr- , day inauguration of new nun- DEFENDS TESTS Indianapolis, Ind. - d'PD -Former President Harry S. Truman Saturday defended nuclear atmospheric testing by the United States and said "It never should have been Although he praised Dirk sen as a "famous soldier of agronomy," Humphrey was -if frnm nlnaloH Hn return. . ik ,.hnmi,nr srowth of the recent search ling Eagle Point As an out-, Eagle Point Community build- Thursday with pamphlets and for o missing Eagle Point! All mounted horsemen , mader 0f tne Meriford Conv charts to show that many ! area boys, a search and rescue w ishing to become affiliated posite Squadron Civil Air pa- plants can safely blossom . (cam j0 be called Southern with, SOS are invited to at here in the early spring. i Oregon Searchers tSOS) is be- tend. Dirksen replied that the jng organized. I The purpose of this oran rebuttal was blighted by a i The new organization, be- j ization will be to help form I stn trho lot flichls between I ' " rsi p.ace. muni i-ii, uuiiieia, iisnermen ! , r . D i ' or otners are lost in the Rogue ; " : valley. I western cities. I Tuesday night's meeting j An airline spokesman said 'will be open to the public. I non-stop service between San .Major John W. Keener, com-1 Francisco and San Diego, and GETS AWARD Salem 'UPH Dr. Leon P. Mincar, Oregon superintend ent of public instruction push ing for a "democracy vs. com munism'' course in Oregon public schools, has been given a national award by the Am erican Legion for his effort. the discourse, ! technical flaw. Humphrey, he I ing sponsored by tlie Medford . an organized search and res- For the past two days. Dirk- j running - one might even say skipping - debate with Sen. Hubert Humphrey over blos som time in Capitol Hill. Their Ferdinand - like dis pute began last week when Humphrey, a Minnesota Dem ocrat and part-lime robin, arose to inform his colleagues that spring was abounding in the great outdoors. The trees were lacy with green, he thrilled; the birds were on the wing. But, he noted sadly, the Capitol grounds were almost barren of the floral bc-i.uty associated with the season. Dirksen nevertheless felt con strained to point out that planting flowers is a risky un dertaking until the danger of frost has passed. Urges Caution To be sure, he said, "the multicolored pansies" bravely raise their said, seemed not to know the squadron of the Civil Air pa-'cue unit comprised of horse- difference between a flower :trol. will hold an open meet-1 men, mobile units and aircraft and a shrub. ling Tuesday at 8 p.m. in the : that will be available when San Francisco and Long Beach, Calif., would begin to. trol. will explain plans for j day SOS. Those wishing further The following dav a non- information may call either SP 2-5921 or HI 6-1571. stop flight between San Fran cisco and Las Vegas would start. Flights from Las Vegas would, after leaving San Fran- Half the edible peanut crop of the U.S. is made into pea-1 cisco, continue on to Portland, and Seattle. WE HAVE THE HAPPIEST CUSTOMERS! IVERSON PAINTS Save Gold Bond Stamps 4th and Bartlett "dainty heads" without fear of being nipped by frost. So would the daffodil, whose 'sprightly dance" inspired the poem by Wordsworth. Ditto "the stately tulip." But dahlias, which "always entrance the eye," must be careful lest their tiny shoots come up too soon. And so must "the gentle petunia, one of my favorite flowers." In due course, Dirksen promised, "there will be can nas and dahlias and princes feather and all the other beau tiful flowers that somehow en gender a kind of introspec tion, assuage all the turbu lence of the soul, and bring Your Money's Worth J By SYLVIA PORTER lopyngnt, nan syndicate, inc. WALL STREET REFORM MOVE IS ON A week from today in a large conference room in Wash ington, D.C., the Government will open its first public hear ing in its exhaustive 1962 probe of the nation's stock markets an investigation which is spreading out to cover every aspect of the securities business and which is sure to lead to new, tougher laws and stricter rules governing "Wall Street." It's a cinch that out of this initial hearing will come shocking disclosures of unethical if not illegal actions bv salesmen in the securities business, revelations of dis tinctly inadequate standards of conduct among men the public has trusted. For the Securities & Exchange Commission has chosen to kick ofl the public part of the Government's probe by asking searching questions about the "qualifications, training, supervision and selling practices of persons en gaged in the securities business" and it's bearing down particularly on salesmen of mutual funds to the public. It's hardly a secret to anyone familiar with the stock market that in some areas, qualifications of salesmen have been inferior, training has been meager, supervision has been lax, selling practices have been on the borderline ol legality. SEC chairman Cary himself has pinpointed abuses in the mutual fund field, has criticized the "employment of part lime or inexperienced salesman" who "may solicit from door to door and operate from private residences remote from their supervisors." He has emphasized that "the spread of brancli offices" of big New York City firms has resulted in a "diffusion of responsibility" and "increased the prob lems of training and supervision and regulation of sales men." There will be fireworks. Even at this early date, there is a high probability of new legislation which would permit the SEC to write rules compelling salesmen of stocks and bends to the public to meet specified standards of conduct and operation. But while the first public hearing is a week away, the SEC investigation already has led to a reform wave on Wall Street. For months now, the SEC's experts have been digging deep into the activities of members of the leading stock exchanges - ranging from the giant New York Exchange down to the small regional exchanges and there has been a perceptible lightening of controls over the members of the exchanges and their activities. The agency has mailed tough questionnaires to finan cial firms distributing "hot" new stock issues last year, to corporations selling stocks to the public, to public relations organizations handling publicity for these corporations, to over-the-counter brokers, etc. The questionnaires have fo cused attention on loopholes in the laws and regulations, spurred attempts to close the loopholes. The whole struc ture of the ASE. which has the dubious distinction of caus ing this broadcast probe of the securities markets in a gen eration, is bei.-.g "cleaned" and a repetition of the scan dals disclosed a year ago is less and less likely. In every area, steps are being taken to upgrade the training and supervision of securities salesmen, to tighten curbs on high pressure advertising of slocks and advisory services. Fi nancial public relations firms, aware that they're under the spotlight and may be a target for new laws, are screening their employes to make sure they're not involved in manipu lating prices of stocks. In recent months, the once hot new stook issues market - in which there has been appalling manipulation - has turned to cool and down-right cold. The abuses which the SEC has been uncovering be hind closed doors are about to come into the open. The methods of eliminating them are still to be determined, appropriate laws and government regulations aren't even in the blueprint stage. But the reform movement already is in high gear. Whatever is developing in regulations self-imposed by Wall Slreet's leaders, and will develop in new government laws and rules, will enhance the protection of buyers and owners of securities. You're the beneficiary. Fifih Disease Still Ranks High The number of cases re-; case of German measles; porlcd of fifth disease con- , Point and Medford. each one untied t:i rank high iast week, ' Central Point, two cases of according to Dr. A. Erin Mer- mumps; Medford. one case of kcl . Jackson county public infctionus hepatitis: and Mcd hr.iith of.tcr. ford, four cases of chicken M-. d;ord reported four. Cen- . pox. tral Prunt tight. Talent 20 and riioenix oiH-. Me.-ilcs cases also were plcniikil. with Central Point rcpor'.ing one. Ashland and Ph-'tnix each reporting two, and Medford three and Eagle f3 Point live. 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