Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 8, 1962)
B WEDNESDAY. AUGUST 8. lat MtDFOHD MAIL THIBUNii, MEDFOHD, OREGON 7? fl 1 ' "l Your Money's Worth By SYLVIA PORTER Copyright. Hall Syndicate, inc. WOULD YOU SPEND SAVINGS FROM A TAX CUT? Would you, as an individual or businessman taxpayer. Immediately start spending the extra dollars left in your pockctbook or cash register by a substantial tax reduction on all sorts of things and non-things and thereby give our lagging economy the boost it so obviously needs? Or would you squirrel most of the additional money into savings and thereby largely defeat the objective of a tax slash? Before suggesting what you might do, let it be clear that nagging doubt of your actions has been a factor undermining support of a tax cut now to stimulate business activity. Some respected experts testifying before Congress have declared flatly that any forecast that you would spend your tax savings is only an "assumption" because, say they in effect, "The United States has no previous experience to guide us on the reaction of American consumeis and corporations to tax cuts designed to bolster the economy, for we've not used this weapon for this purpose before. Nor have Europe's ex periments given us valuable guidance. You might spend the money freely or you might not. There's just no certainty either way. No matter when the tax reductions come and if there's postponement now. It'll only be a postponement the question about your reaction still must be answered. It is true, then, that we have no guidance on what con sumers and businessmen might do with the extra dollars? It is not true. We do have guidance. We do have pre cedents What's more, the weight of the evidence is that indi viduals and corporations will spend most of the extra take home pay and Income, not save it. Precedent: In 1B50, the Veterans Administration declared o major insurance dividend rebate. The record indicates GIs spent nearly 80 per cent of the extra funds at once on goods and services. Precedent: In 1054, Congress voted a 10 per cent de duction In personal Income taxes, a reduction in excise taxes and eliminated the excess profit tax too a tax slash totaling $7.4 billion a year. The country was then In a recession and as A. W. Zclomek, president of the Inter national Statistical Bureau and professor at the University of Virginia's Graduate School of Business Administration, points out, this was "the first recession when scheduled tax reductions went Into effect on a large scale." What happened? Virtually all the money (lowod im mediately into the spending stream; the rate of saving continued the same. While employment and production dropped sharply, personal Incomes after taxes actually rose and consumer buying hardly faltered. Toward the nd of 1954, we took off again on a powerful advance. Statistic: Numerous surveys emphasize that the "un predictable consumer" is quite predictable and in Zelomek's words, "total coniisumcr spending shows a regular relation ship to consumer Income and the consumer's financial cir cumstances. " Of every extra dollar we get, we spend about 8fl cents for retail products and services, another 10 cents for residences, farm machinery, other equipment. Says Zelomek, "It is logical to conclude that the consumer will spend 86 cents of what he gains through tax reduction." Statistic: Reliable studies also indicate that each SI of tnx reduction will add $2.5 billion to the nation's total out put because of the so-called multiplier effect. To Illustrate: when you spend an extra dollar at the supermarket, the supermarket owner In turn will spend an extra dollar at the appliance shop, the appliance dealer In turn will spend an extra dollar at the clothing store and so on and on. The same multiplier effect applies to corporation tax reductions with studies suggesting a $2.5 billion corporation tax re duction would add around $5 billion to our country's total J output. Normal Babies Born After Thalidomide Used by 207 Women Wachln0(nnJTtPn Tha haii. that, tnr., U J . ui i . ' Washlngton-flJPD - The gov ernment reported Tuesday that thalidomide was distrib uted In this country to 207 pregnant women and nearly all of them have given birth to normal babies. The report by the Food and Drug Administration did not pinpoint how many already delivered their babies without deformity and how many are still awaiting the birth of their babies. Anthony J. Celcbrezze, sec retary of health, education and welfare, said results of the Food and Drug Adminis tration's pill-by-pill survey were "reassuring" so far. Cclebrezze told his first news conference that 15,904 patients apparently received thalidomide from doctors in this country. 207 Expectant Mothers About one out of every five or 372 were women of childbearing age and 207 were expectant mothers when they took the drug that has been blamed for deformities in Europe. "No abnoralities were ob served in the offspring of these patients," Celcbrezze said In a statement. But he said the FDA had no information on how many of the women took the tran quilizer drug during the first three months of pregnancy generally regarded as the greatest period of danger. Many of the women, he said, were given thalidomide in the later stages of pregnancy. The FDA said interviews have now been completed with 1,097 doctors of 1,248 reported involved in thalido mide distribution in this coun try. A total of 74 doctors still had thalidomide on hand when the survey was made but the supplies of 22,948 tab lets have been destroyed, im pounded by local authorities or collected as official sam Pies. The remaining doctors who had the drug are on vacation but the survey is being com pleted as rapidly as possible, officials noted. ing age in California and 412 A state-by-state breakdown women in this category in furnished by the FDA Indi- Missouri. These two states ac cated that the drug was used counted for almost one third by 578 women of child-bear- of the women in this age group who received the drug. Asked if the absence of childbirth deformities was suprising in view of Euro pean experience, Cclebrezze said, "we are pleased by it." But he cautioned that the investigation is not complete because some patients may have given the drug to their friends even though it is sup posed to be used only by doc tor's prescription. The Family Council editor's note: The Family Council eomiiti of a Judge a phychlatrlst, three clenrymen. three edltori and a women's -rllrnr. Kach article li a aiiinmary of family dliacrectiieiit presented to the Council. The Council deals with problems, major and minor, 1 encountered by guidance counselors and social workeri. Edited by vj t'na. mm, icimy. tt.uiiy(ij(iii ujf ucnerai reaturei corp. Lorelta P. - I want him to leave his cameras behind on this trip. Dennis P, - I think it's im portant to share our travels with others. Loretta P. - We're leaving for a motor tour to interest ing spots in Missouri like In dependence, Hannibal and the Jcspe James farm. But if this vacation is going to be anything like its predeces sors, I know what's in store and I don't like It. I'll spend most of the time posing in front of historic sites and statues of generals on horses. And for what? Just so Den nis can bore our friends with his snapshots, slides and movies. I know how bored I gel myself when someone button holes me and makes me ex claim over his pictures of donkeys or his shots of flying-fish. They're really only Interesting to the guy who took them. Why can't we just relax this time? Dennis can buy a few picture postcards at each stop, just to help him bring it all back at home. Ot course, we can't know positively what will happen until we try the tax reduction. Butt we do know that with out a major new push, there's not much hope, if any, for any "automatic" stimulant suddenly appearing to help us get moving up strongly once more and without a spur, about the best we can anticipate Is that we'll muddle through at this inadequate rate of growth until something can be done in 1963. Dennis P. I feel that since we're fortunate enough to be able to get away and drive to Interesting places, we should try to re-create our experien ces for our friends who never sort out the total display and isolate a few pictures which may interest your friends for good reasons, not just your desire to talk! Good reasons would be that A. is planning a similar trip, B. has just re turned from ditto, C. had a funny experience in the same bistro you patronized, etc. Thirty minutes of such a pro gram is worth presenting. Be glad, Loretta, if your plea leads Dennis to take on ly one instead of three ca meras this time. You've alert ed him to the possibility that the people he says takes all thore pictures for may not be engrossed at all but are mere ly polite. ;! Jral "the , ffSfe BRAND NEW t 5k G.E. TV v II rZ3 I'll Ultra-vision TV with new "Daylight Blue" picture " power transformer chassis fcv4 s 4 Ultra-vision TV with tube. "The proof i crafted circuitry fu and picture width control. All yours with your G-E TV-but, best of all the cleanest, sharpest picture in television. And look at this low price. AL BARGAIN STORE Now is the time to buy new or used appliances and the Bargain Store is where you'll find the lowest prices. Wise shoppers know they can save on new or used appliances here . . . Med- ford's answer to discount houses. GARLAND GAS Cooking Unit 4 Burners Grill 36x27 BROILER & OVEN 19888 Dennis the Menace -4 'lETSflflSCMElHIN' LIKE RACE TO THE HOT DOS STANDI I leave home. A few good pic tures with a running com mentary of how we happened to take them can make others feel they were on the spot with us. Loretta knows well enough how lively the dis cussion Rets during one if our slide shows. Especially when several people have been to the same spot them selves nnH M,i In ! Show Planned By Area Roping Club The Rogue Valley Roping club will sponsor another show at the Poythress arena near Midway Four Corners on t h e Crater Lake highway Sunday, Aug. 12 beginning at 11 a.m. Refreshments will be serv ed and the public is invited. On the program will be team roping, calf roping, bar rel racing, father and son team roping and steer stop ping. These will be "jackpot" 1 i'' events. R) Gift certificates have been donated by five shops and clubs. Court Records ji'sticb corrtT (Athland mmlrt) David Strvi. Pliinc uiniatin UHSIe rule, $23, Daytnn Joseph Marcutt. overload. Alfred Levi Paulsnn, failure to :ip at slop Men M.V John Paul H.uiiern. nvi.r,,ilrl I L (illbert Lloyd Warner, overload NOW ONLY BRAND NEW G.E. WASHER A big 12-pound load can be thoroughly washed at one time in your 1962 General Electric Filter Flo Washer. Each piece is given individual laun dering and you save time, work, hot water and detergent. No guessing so easy to use. LOW LOW 40" TAPPAN 400 RANGE Double Oven Meat Tender Pot Broiler Inc. Base '. 1- 3-U-21 ,f IAUIUS Af'K 21 -..-! 7- 6 V 41 -'-46 55 80-831 OlMINt may - -,36 39 5?fl ' ; 2-76 86 901 CANCII , 1UHL : 7 n 4 '56 6? 68 HO f JULY 14 1 V3 27J4-6iJ ! -74 79 84 ff VLGO ' SOT 1: -4 '49 64 65 STiVR GAZERO HjCLAYR.1V1.LAN Your Doily Atih'ly GuioV According fo rhe Srou. To develop mes&aqe for Thursday, read word corrcMVMxliiig to nunibei of your Zodtoc birth jiti. 1 Kwp .1 I tu 5 li 7 Ar:ll 31 The T,. IO .Hi II Oj, i l.'IY,,. I t 6' -jv 14 1 .i ; . Ift Vitil 17 for iRMj 19 f TO S - :m : ; rr.ci 'J! Ad :4ri ?Mi .-C I :9i .j3 4 vie -I -'9 1 1.-O.ICS v 51 V V Wwfhwl ' 64 WNJMul !-5 .h....j 56 l.liw 5' Vvl 0 Tu 69 1,,i, T., ..'(- fJi.O- (VGooa ftAJvene W''l r u rf-t 16-10 jj.J9.-v MJR73 V- 9 26 .V JP1 bl7188'Wl SAGITTARIUS K 7! f 1 4 7 50 59 6-1) 0-77 81 35'jJ C4f KORN 'as io v j.o; 7- B 10 74 -" 12 45-7V SJV;-. A3UAt!Ut l' II I 4- 5 I2-I7"! .1135 51 V ,U 40 54 57 6.1 66-7.1 lmprcfsions Besides, how about us? Those pictures make our trips Inst for years past the two weeks In which we take them. Once 1 get the snap shots mounted and pasted In albums, thiy can fill in the blanks in our reels and slides and help us relive every va cation we've taken. The Council: Querying among our camera-hound "authorities" as well as mem bers of their audiences, we have a consensus for Dennis which leans heavily toward Lorettas views - at least in regard to producing trave logues for one's friends. Says one who both takes 'cm (pijtl and gives 'em (spiels): "I've learned that 30 minutes is all most people can stand, no matter how loy ally I hey beseech you to go on. That's enough' time to prove you were there, to show you know the Louvre from the Merchandise Mart and to help your friends de cide whether that's a place they want to add to their list - or ele avoid assiduously." A retired schoolteacher who has been "even-where" and is now en route to Mi. McKinley In Alaska, informs . us that she stopped taking ! pictures several journeys back. "1 store pictures in mv i Marshall Alfred Coke n,..r. I tier, SI I). Clarenre Alexander Main, dls- ' oheyett slop siijn. S1.Y : John Edward Funderhurg. Im proper passlne. i:MI. I Benjamin franklin Rilev, 1m- i proper passing. SL'o liobby XJean Uurke. overload, 1 Hale Dean FleRiith. overload, 532. ft Winifred Harriet llamblin. dis- : Melvln Felix Morah. overleuKth. Thomas Lee Palmer, overload, SB 4 Melvin John Utter, overload. SJ4. Frvln William Dallmnn. over load. Farnets rean Hamilton, over load. $22. l'aul Junior Wriahl, overlencth, Junior William Elrea. overload. Sim Loren Newman, four In driver s seat. IIV Robert Richard Rafaelly, over toad. SJ5. l.ynn Clyde Lloyd, disobeyed stop sien, SI5 Donald t'taik Orion, violation of haMo rule. Marilyn M.-e nushnell. disobey ed slop sicn. Terraiu-e O.-an Corp. Insuffleient rnadwav elennmee. SIS. Willred Joseph Roberts, over load itwlcei. SL'li; SI ,5 Horace Henry Arant, overload, $l Robert Edward Reare, over heithl. $15 Wallace Ednar Long, overload. S24 load. s;ta ' i Norman Robert Mallon, over load. Still. JI'STII K COI'HT l;ld Hill ItMTlm Fditn Maud Mendenh.sll. over width. S5 Tom Matthew ltardie, disobeyed slop Sinn. ST 50. rranklm Hay Llndlev. violation of bmic rule. S;m line. 10 dav supeivled jinl sentence. tiordon I. mils lliutner. disobeyed slop Mm $7 mi mind's eye," she says. "1 take ' .d Z, .leTV-f A"""' d,,ob'y- , ShAroM W.tUto rhHpn.jtn, insuf ! flfient InntriM v 9 Don l.oro Kucoi n, m rrhcipht. Ktank Hrtvmoml l.ovcn.Hh.. rti oN'Wit tr.it tu ic-i4l Alliin Clth.inr VMrrirs viola tt.Hl ol hiiir tuir. t U an Mthew Knuh. violation MrhVOHl) MINK 1P1, (OI'IIT Ir.Kiic MEti.il 10 PonaM till,- J.Mirs, viot.tti.Mi of bji'U- rnlr m J.-nr Krann V.itchrJI. di,0rv k1 Mop .cn H lAif t'iuanl I.imrrford, vtola tion ol Kmc rut. SJJ F 1 ii iilmm, lolation of frw snphotj( unci purchase few scrnic postcards. 1 found thl most ppop!o who don't travel thcnisolvos don't know whut I'm t.ilkinu Hbout. My pictures art meaningless to them. And those who do travel have their own." To be of specific help to the P s, however, we offer I this Kuirir-lim: A picture is most likely to interrst a view er who .sees It within a per Ufiijit frame of reference. Th;u's why you, Dennis, net i such a h n n 5 out of vour . prints and slides. Kvery sh;id I ow, every rin has nicaniiiR 1 to you. Despite vour rnthns 3- BRAND NEW G.E. DRYER General Electric High-Speed Dryer with auto matically controlled drying times and tempera tures provides just-right drying care of anything you wash . . . delicate, regular or heavy. The dryer turns itself off the moment clothes are properly dry. Your wife will love this and look at the savings you can have if you buy now. JUST BRAND NEW G.E. FREEZER Your 1962 G-E "Book Shelf" Food Freeier puts twice as much food in easy reach yet takes only M the floor space of a chest freezer. Straight line design, mix or match colors, quality con struction by G-E and the famous G-E sealed-in unit make this the best buy today and you can not find a better price for this quality freezerl 1960 G.E. COMBINATION WASHER & DRYER Perfect 5 ' Condition MAYTAG WASHER SQUARE TUB Pump-Wringer Type SI EASY SPIN-DRY WASHES! i NOW ONLY 18888 i If USED m RANGES I B:. 540 If HOME APPLIANCE COs hau-lie Sin Willi in IrMjv n driver lUrl'ir J.ui Do- Ko fiilurc to . 5 US. V,ic "n1 Poller, no one ! '" XTn",u r- t im c.-in work up an rqinil "" ifrnni rx-inm nh no t .M inaiion for tlio teems So ; UXV ,"J..'-n V . C 1 . liinil, your ramoia-click... IV cido s hlch m o m enlq ynu want lo preserve (or yourself, lest you forget them. Then OVERSTOCKED! li USED TV's (Reconditioned and Guaranteed) WASHERS Vr DRYERS REFRIGERATORS Buy Now While Stock Is Plentiful & Prices Low! Nftlir Oi,.i n.,iirn, nll(-v. Ii'fi iiiUi,-rnpil ,l;iv,-r lo rplilt vrlucle. no. lun-cildfd. '' I 303 SO. FRONT ST. Ph. 772-5595 rr