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
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Wise shoppers know they can save on
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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
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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.
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31 The
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SAGITTARIUS
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0-77 81 35'jJ
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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
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