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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 15, 1962)
MEDFORD MAIL TKIBUNE, MEDFORD. DRESS Kingsley Field Man Killed in Accident San Francisco - ilTD - An airman stationed at Kingsley Air Force Base at Klamath Falls was fatally injured in a two-car collision here Thurs day. The victim was Airman 2-C Robert Hendricks, 30, , Chi cago. He died in a hospital three hours after the car in which he was a passenger was struck broadside by another vehicle. VISITS SPAIN Vigo, Spain - HTB - Puerto Rican Gov. Luis Munoi Marin and his wife arrived here Thursday aboard the liner An tille. He was met by Spanish officials from the U.S. consulate. FRIDAY, JTJNS tS. ISSa BARUCH DIES Miami - IUPD - Sailing . Baruch, 88, brother of finan cier and longtime presidential adviser Bernard M. Baruch, died Thursday at a hospital here. SPECIAL PURCHASE FUTURA Swimming Pools 1 Permanent Family-Size Pools A Regular $1300 Value for Only s 999 00 AS LOW AS $5.55 Per Week BIG SAVINGS FROM CARLOAD PURCHASE PASSED ON TO YOU MODEL POOL ON DISPLAY INTERNATIONAL SWIMMING POOL CO. 392 Clover Ln., Medford Ph. 772-9973 Quotes From the News By United Presi International Washington President Kennedy, taking a long-range view of the easing of tensions in Laos: "It would encourage ui to believe that thai hat been change in atmosphere and that other problems could be subjected to reason and solution," London Lawrence Marks, a British television critic, com plaining that nearly half of the week end television viewing in the London area is provided by American shows: "I doubt whether Parliament intended almost halt our week end entertainment io come from America." Washington-Jimmy (The Monk) Allegretti, an alleged vice figure from Chicago, testifying before the Senate Rackets subcommittee: "I'll have to take the Fifth." Moscow Pianist Van Cliburn, commenting on the visit of Premier Nikita S. Khrushchev to his sell-out concert; "It was so unexpected, I never thought he would come, We talked about many things, but really it was a family affair." Portland Zoo Has Unnamed Animal Portland - CW - The Port land Zoo has a new animal, and it may be a new specie. Zoo Director Jack Marks said he doesn't know whether to call it a "Zenni or a Zakass." The new animal is a cross between a zebra and a jenny burro, Marks said. The birth occurred after eight attempts at mating the zebra with eight different jenny burros. The zebra be longs to the zoo and the burro belongs to Homer Taylor, a Gresham area farmer. Marks said when the zoo lost its zebra filly which died of a heart attack, he tried to get a replacement. He said the stallion zebra was lonely. Skin Diver Dies From Heart Attack Cave Junction, Ore. - BPB -Frank W. Dietz, 48, Pacotma, Calif,, died of an apparent heart attack while skin diving for gold in the Illinois River near here Thursday. Dietz was skin diving with Josef Tylecek, Beverly Hills, Calif., when the apparent at tack occurred. His body was recovered. COMMISSIONED Eugene Henry T. Court ney of Medford was one of eight graduating seniors in the Air Force ROTC program at the University of Oregon to be commissioned on gradua tion day, June 10. He is the son of Mr. and Mrs. Earl Courtney, 621 Catherine St., Medford, Fat & Mike's Builders Service 2802 Crater Lake Hwy Ph. 773-7431 is having a iLjp isif"! mY ii THURSDAY' I JoO 1 " C P SAFTURDAYAONLY I ;' -I f m , i JW?2 I 1 ' a It 1 I .' T Lt xSi22j' fl n n ft Oac Vm and ftcatfax Uilndcua A pre-hung, self-storing com bination ati - aluminum door. Pre-driSied so that it can be in stalled in a matter of minute with the simplest of hand tools. Lower glass insert tilts in for easy cleaning. Available to many styles and all standard sizes. 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Contains a wealth of valuable information in cluding: weather fore casts, planting tables, fish and game data. etc. Clip this coupon and bring it in for your FREE Almanac. g ig ORNAMENTAL SHUTTERS Modern aluminum shutters thai wear for a house time. Won't rot, warp or split ever. Wide range of aizes. Pre-drilled for easy mount- ing. Adds the final touchof beauty to; your home. $088 8 mi sy Av(lW in white, grssn, bitck and prims coaitd tor pamtrng. I - &J mm m m m Unbalanced Federal Budqet Is la the bible o Subject of JFK-Byrd Debate SPEAKS V." 1 m U Hllion By LYLE C. WILSON United Pren Internshonal Washington JOPB The great debate now encaged is be tween the President ol the P j i in em e United States " fe I and the senior senator from Virginia. John F. Kenn e d 1, ftflj "nd Harry F. o y r a. 1 n e basic question seems to be whether un balanced fed era I budgets are good for the U. S. econo my and for the common man or are, in fact, iifceiy to des troy the American way of life. Treasury Secretary Douglas Dillon has stated more clear ly than the President the theory that federal deficits are good for the U.S. economy and the common man. Dillon was talking about the administrative budget sys tem whereunder the Treasury operates. Kennedy's Yale commencement address stated the same theory less definite ly but at much greater length. Rich or Broke? If it is true that unbalanced budgets are good for the American way of life, Ameri cans never had it so good. There have been 24 federal deficits in the past 31 years. The 25th deficit is coming up in the present fiscal year which will end at midnight, June 30. Byrt estimates that the current fiscal year budget was running in the red at the rate of nearly $10 billion in the first 10 months of the year. Deficit No. 28 is forecast for fiscal "83 which begins July 1. Byrd estimates that it will range between S3 to $5 billion. Byrd cites these figures as part of a develop ing catastrophe for the Amer ican people. Writing in the current issue of the Tax Foundation's tax review, Byrd said: "Federal debt and federal deficits are the prime factors In inflation which continues to reduce the value of the dol lar. Recent claims that infla tion had stopped (the Presi dent claimed that this week) were short hyed. "As ot March of this year the dollar was worth 46.1 cents on the 1938 index. Its purchasing power dropped be tween February and March. and it had dropped between January and February. I sus pect that the records wilt show it to be down in April and again in May. And, on the basis 01 present indications the decline will continue." Prices Ga Higher Byrd's suspicions were cor rect. The Iabor Department calculates the April, 1862, purchasing power of the dol lar, in relation to 1939 as an arbitrary 100, to be an even 46 cents, down one tenth of 1 per cent from March. Not much, perhaps, but enough to keep the cost of living and j and the rotting of the doiiar i steadily on the rise. The Tax Foundation pro-i vldcd some figures more easi ly to be understood by the common man in answer to this question; "What is your real income?" If your real in come was $2,000 in terms of the dollar's purchasing power in 1946 then you must have $3,152 In 1982, just to stay even, an Increase of 58 per cent If your real 19-W income was $5,000, you need to break even $7,870 today. The $10. 000 man wouid need $15,513. lliese figures take account of the impact on real income of both inflation and taxes. Not in dispute is the fact that there is alarm at home and abroad because of the ill health of the U. S. dollar. The dispute is about the cause of I the disease and tiie remedy. Byrd has going for him thej generally accepted principle ! that if you live consistently! beyond your means, you go; broke. A bankrupt United i States? Byrd says it could happen here. TO YOU Sunday 9:45 a.m. K-BOY-730 ke The Problem Dr'mker and teligmr Iel A 5 -&t4 F4WeR8MY CARDS FOB SUNDAY, JUNE IT '3 &c yiry btsi Swam'e 217 E- Congressman Uoset Over Building Plans Washington - (BPB - Rep. Wayne Hays (D-Ohio) is upset over the overseas construction proposals of the slate depart ment. In congressional testimony made public today. Hays, chairman of a House Foreign Affairs subcommittee, took a dim view of plans to build the American ambassador in Cy prus a $300,000 house, and to build a $1,370,000. 40-unit apartment building for U.S. diplomats in japan. He said there was no need for such a large house for the ambassador to Cyprus, despite state department arguments that a "good-sized appropriate residence" was necessary for entertaining. "You are not going to in vite more than 10 per cent of the population at any one time," Hays observed, and "there are only 578,000 pea- pie on the whole island. ' BRIDGE COLLAPSE FATAL Belize. British Honduras - ITT- Four children and one adult drowned Thursday when a temporary pontoon bridge over the Belize rtiver col lapsed and sent 80 persons plunging into the waters be low, according to police. FAA INVITES EXPERTS Washington - CPS - The Fed eral Aviation Agency has in vited top electronic experts to a conference July 12-13 on anti-coliision equipment. The FAA said they would review research and develop m e n t All SPECIAL PRtCES ARE IN EFFECT FOR A FULL WEEK. You Cart PARK & SHOP and Sava on the Day of YOUR CHOICE THE 0 OF Right qoalittt Right service Right price And these Btporteit facte m RiGKT in wery presaprt SPECIAL SALE ON Famous Perma-Dew EPSZiCK NOW! 2 mm l!l.Ull.Uklill m R 1 9 ? 3 IN EFFECT FOR A FULL I lit llFZZ W w . ew IS mi 1?'. THONGS FOR ALL 0E Ik UfNEEBQ S Men, Women' artrf Children tizet hll Pr. 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