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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 18, 1962)
MEDFORD MAIL TRIEUNE. MEDFORD. OREGON Investor's Union of America Has Wide Interest t -lw '.'- - 1 r1 . ,.."- states, This the side of a tree on Molokdi f V V f, But he wasn't the first man Vr ,i ' to make the flight. Two Armv i ' 'r ' " " Air Corps pilots did it d v month earlier in a powerful f 1 Vv1. and well-appointed tri-motor ftfff" ' ,,t ' " f?V Fokker. -'- f ' t H-- ws ' t , 7 Second-Hand Plane I.V K A t .'"- V r Brr1'ii'(IMf'8iffPi niTTnf - WEDNESDAY, JULY 18. 1962 By LYLE C. WILSON United Preu International WashinKton-IUPII-The Inves tor s Union of America, Inc., (1UA) is one week old and ii. mi ii mm aire any lias tS- C 1 o b t ained ag- terested mem ber! in 17 slates. 1UA or ganizers con fidently pre dict that mem bership will expand quick ly to all SO outfit could be come a political powerhouse, comparable in congressional and election day muscle to the AFL-CIO. IUA was chartered last week bv the state of Okla homa. It is a non-partisan, non-profit organization with out membership dues, assess ments or salaried officers. Membership is limited to American citizens with an in vestment in the nation's eco nomic system in the form of life insurance, savings ac counts, stocks or bonds. Steve Stahl of Oklahoma City, who is one of the or ganizers, estimates that about 60 million citizens could qualify. War on Inflation The IUA objective is to ob tain a better return on their money for the savers of the United States. IUA proposes to get off a barrage of letters, telegrams and petitions to President Kennedy and mem bers of Congress. IUA's initial announcement explained: "Members must pledge to write and to keep on writing, demanding an end to unwar ranted federal interference and government competition with America'i traditional free enterprise system. Mem bers also are requested to sup port Congressional candidates, without regard to party affili ation, who believed in limit ed, constitutional government and free enterprise." More specifically, IUA hopes to direct its mail bar rage against all government policies likely to continue the currency inflation which in 20 years has rotted the U.S. dollar from 100 cents to a pur chasing power of 46. IUA is against current proposals for a tax reduction on grounds that it would Increase the fed eral deficit and, therefore, be acutely inflationary. Stahl said that the IUA ob jectives would benefit all sav ers but that its primary con cern was the small investor, especially those who have been retired or who are near retirement. "These are the thrifty, hard-working people," he said, "who have scrimped and saved in order to be able to take care of themselves in their old age. These people have lost more than half of the purchasing power of their retirement dollars through in- Neuberger Asks Revision of Law Washington -HOT- Sen. Mau rine B. Neuberger (D-Orc.) called Tuesday for revision of a shipping law which she said gives Canadian lumber a com petitive advantage over U.S. west coast lumber. Mrs. Neuberger said the Jones Act., which requires that water-borne shipments between the U.S. west and east coasts be carried in U.S. vessels, lets Canadians save S8 to $10 per thousand board feet in transportation charges to east coast markets. She called for "limited re peal" of the Jones Act to make western lumber compe titive with Canadian Lumber by reducing marketing costs. Unusual Vase Shapes Needn't Sfoo Washing New York-IOT-The design of some vases and flower con tainers makes it rather hard to get rid of the decaying leaves or steins that often stick to the sides. Hercs an easy way out: fill th container half full of warm, soapy water. Add a handful of carpet tacks, and then shake the vase vigorous ly. Rinse it out and the prob lem is solved. INSIDE JOB Raleigh, N.C.-WPP-Five pris on inmates and two outside "contact" men were charged Tuesday with counterfeiting and selling driver licenses. Authorities said the phony li censes were made on a prison duplicating machine. flation caused primarily by fiscal irresponsibility in the management of our federal government." Savers United If IUA spreads, as predict ed, to all SO states, it is likely to attract some political at tention. This is an effort to organize on the basis of mu tual pocketbook interests mil lions of citizens who now are divided in their allegianca among various political pres sure groups and, therefore, often are working politically against each other. For example: Millions of these savers are enlisted in big labor, the AFL-CIO; oth er millions are in nianage ment. The hope of IUA Is that the common interest in pre venting further rotting of their hoarded dollars will bring these divergent groups together for mutual protec tion. That would appear to be unlikely, the dividing lines being almost insurmountable. But the pocketbook is the powerhouse of American poli tical issues. IUA might bring it off. If so, there will be a new trend in national politic - a conservative trend. First Civilian Made California-Hawaii rip 35 Years Ago San Francisco (UPIl Thirty- five years ago this month Pi lot Ernie Smith made one of the most outstanding crash -landings in aviation history. Smith's crash landing; on Molokai in the Hawaiian Is lands, went into the record ' books for one reason-he was the first civilian to fly from California to Hawaii. Smith made his flight in slightly more than 25 and a half hours from Oakland, ' Calif. He ran out of gas over 'Hawaii, and Smith, his navi ' gator and the plane piled into San Queniin Guards ; Said Suspended San Francisco IUPIi Two . Alcatraz guards have been " suspended for 30 days as a re sult of last month's escape of , three bank robbers from the federal penitentiary in San Francisco Bay, it ha3 been ' reported. However, prison officials at Alcatraz and in Washington refused to confirm or deny "the report, published in the .San Francisco News-Call Bul . letin. The convicts who escaped the night of June 11-12 were John William Anglin, 32, and his brother, Clarence, 31, both of Montgomery, Ala., and Frank Lee Morris, 35, New Orleans. Authorities believe they drowned reach the the treacherous waters of the bay, but no bodies have been found. Police Round Up Kennedys' Horses West Barnstable, Mass.-ttPP- As it. was, Smith was the first civilian to make this trip, and the first man to fly it in a single-engined plane. Smith says tile plane was second hand, and hardly in first-class condition. He might have beaten the Air Corps if it hadn't been for a reluctant navigator. Smith planned to leave a day before the Air Corps team, and he was in the air over the Golden Gate when the naviga tor decided he wanted out. He said that the man held a monkey wrench over his head and threatened to "knock my brains out" if he didn't turn around and go home. In the face of such obstacles, Smith headed back. Thorny Mishap But the pilot was determin ed to press on regardless, and a month later he enlisted the aid of Emory Bronte, cur rently a sugar company exec utive in Honolulu. In July, 1927 the pair rumbled down a rutted little airstrip in Oak land and aimed west. Twenty-five hours and 36 minutes later they ran out of gas in a dense rainstorm over Hawaii. When they crashed on Molokai the plane was de- their efforts to monshod, but smith and mainland through : Bronte walked away unin jured. "The only injury," Smith relates, "occurred when Em ory backed Into a thorn bush." Smith holds a citation In the name of the President of the United States, awarding him the Distinguished Flying Cross in commemoration of hie flitfh! H rptirpH from The New Frontier merged , Trans WorId Airwavs as an with the old for three hours account executive in 1958 Tuesday as policemen play ed cowboy to round up four horses belonging to the fam ily of President Kennedy. It took police and stable hands three hours to find and capture a mare and three ponies and return them to the stable here where they are kept for use by the Kennedy family during summer vaca tions at nearby Hyannis Port. The mare is owned by form er Ambassador Joseph P. Ken nedy, the President's father. The ponies belong to Atty. Gen. Robert F. Kennedy. IDENTIFIES VANDALS Washinnton- ilIPli Rep. Adam Clayton Powell said Tuesday the vandals who stoned his villa in Puerto Rico Monday were members of the same "croup of fanatics" who one tried to assassinate former President Harry S. Truman. The New York Democrat said he was sure it was also the same group whose members loosed a volley of bullets in the House of Representatives in 1954. wounding several congressmen. FIRST FLIGHT Ernie Smith, the first civilian to fly the Pacific Ocean from the mainland to Hawaii, is shown in the upper photo in the cockpit of his plane at Oakland, Calif., prior to the historic flight on July 14, 1927. Smith, 69, a retired airline executive, is shown in the lower photo ex amining the compass he used. He was accompanied on the trip by navigator Emory Bronte. The 25-hour flight came to an end when they ran out of gas over Hawaii and crashed into a tree on Molokai Island. (UPI) TO THOSE WE SERVE In beautiful surroundings, in quiet location, we lerve with devotion to duty, all who call. 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