Medford mail tribune. (Medford, Or.) 1909-1989, April 30, 1962, Image 12

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    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.
Oihcr c(ises of communi-c-r.ile
dso.-se reported were
Mt ci. ro. live pneumonia
c.i.h - , M chord, seven influ
cTi:a c.-i-t-: Talent, one. and
Mt . i'or-i. t-Au cases c.f conor-r-Tt
M riford. twn cases of
wboifur.j cough, Central
HEAR
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8:30 on
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33
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or your money backs Wards polity since 1872
E2E33KC3
Teas
MONTGOMERY WARD
NO MONEY DOWN
when you buy on credit at Wards
1