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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 26, 1962)
MEDFORD MAIL TRIBUNE. MEDFORD. OREGON THURSDAY. JULY 26, 1962 A .5 MARTEX EAUTY BONUS TOWELS specially priced for White Sale Savingsl Bath towel, 25" x 48" Reg. 1.98 NOW M.69 Don't mis this wonderful chance to please your budget while you indulge in ihe best ... big, luxurious MARTEX terries in a rainbow of glorious colors. Come, pick your mix and matches today. Stock up on ensembles for all lite family. Decorate your entire bath with Martex ... at thrifty savings! r w., tun n . r HA HA - This resident of Brooklyn's Prospect Park zoo gives the horse - er - zebra laugh to the photographer. (UPI) Election-Year Tax Cut Sean as Political Error .Washinglon-iUPH-Many con gressional veterans of both parties think President Ken nedy will be making a politi cal mistake if he decides to push for an election-year tax cut. Unless the economy under goes an unexpected and sharp slump, these lawmakers be lieve many voters would take a dim view of a Democratic drive to slash tax revenues in the face of the government's present red-ink spending It It Needed? The question which Ken nedy must answer is whether a quick tax cut is needed to stimulate the lagging econ omy and head off a possible recession. He has postponed a decision until mid-August, when more economic indica tors will be available. The House Ways & Means Committee also is expected to hear economic arguments for and against tax reduction this year. The committee has polled a number of non-governmental economists, to de termine whether they would be available to testify next week, should public hearings be scheduled. Some lawmakers in both parties are clamoring for tax cuts. But a large number of members believe that the best politics as of now would be to vote against a tax cut. Certainly Needed One thing is certain, Ken nedy will not recommend a tax cut unless he is certain Congress will enact it. A tax-cutting recommenda tion would be viewed by businessmen as a presidential proclamation that the econ omy is dangerously weak.. Should Congress then fail to approve the prescribed stimu lant, administration strategists fear the business community would panic and the economy would certainly go into a sharp slump. Chiang's Grandson Loses Valuables Washington - fl.TI - Police Raid Wednesday that burglars broke into the home of Na tionalist Chinese President Chiang Kai-shek's eldest grandson and took $12,500 , worth of jewels. Alan H. W. Chiang and his 24-year-old wife, both univcr-1 sity students, reported 17 j pieces misfing. including Chi-. ncse jade, diamonds and ! pearls. Mrs. Chiang said the jewels were removed from the chest j she found jimmied in a bed-j room dresser. The theft may have occurred any time after Julv 14. when she wore them , lat' Siie reported the theft Tues day night. Some of the jewels we're heirlooms 200 years old. j Polire said the thieves left be hind many less valuable pieces PROFITABLE" JAIL TERM Portland. Maine - 'IP! - , Itinerant sign painter Gordon P. Smith. 71. is finding his j 30-day stay in the county jail j profitable. Smith, jailed for idle and disorderly conduct, has been commissioned to paint 10 "Durum for Sheriff" " irns at M anece for eandi- nVr Paul L Durgin. Ifr chief rirpu'y sheriff. W 1 -h 1 A IbfT'it mide witti LaurMlcrlittiC Ther Spnn-0n Thy fit tmijf on All four Corntri! Sprtf 0n Coffiffi ttki tlfi'i iff tiki te prtitirc t tkt tifitfj whtfi moil UttifJ fieeti vear evt fintl COME IN TODAY! DEMONSTRATE FOR YOURSELF THE MIRACLE EASE OF NEW SPRING-ON CORNERS See how easily they fit How they take the strain off you and off the corners where most fitted sheets wear out first. 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