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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 16, 1962)
MEDFORD MAIL TRIBUNE. MEDFORD. OREGON TUESDAY. OCTOBER 18. 1962 Charges, Counter Charges Enliven Interest in Ohio Election Campaign By HASKELL SHORT Columbus, Ohio - flTli - A blistering campaign for "gov ernor, spiced with scandal charges, has turned Ohio into one of the rough and tumble campaign areas of 1962. Democratic Gov. Michael V. Di Salle, trying to put new life into his underdog cam paign, recently challenged Re publican State Auditor James A. Rhodes to make his person al income tax records public. At the same lime. Demo- ( federal agencies in Dcmoerat- cratic State Chairman William 'C hands to investigate. Your Money's Worth By SYLVIA PORTER Copyright, Hall Syndicate, Inc. L Coleman rharged that Rhodes had converted S54,000 in campaign funds to personal use. He said some of this in formation was in Rhodes' in come tax returns and if Rhodes didn't bare his rec ords, he would call on four I Rhodes shot back that fed eral income tax returns were supposed to be confidential and that his taxes were paid. He said if Democrats felt he had done anything illegal, they should see the authori ties. He added he "would not descend into the mud" with HANDLING THE PROBLEMS OF PRICE STABILITY Back in April, 1959, the late Harvard professor and na tionally respected "businessman's economist," Dr. Sumner I H. Slichter, enraged his colleagues by declaring, "It is cr-: roneous to assume that inflation necessarily means that there 1 is something wiong with the economy." Said Slichter, in an address to a selected group of America's top bankers, : "A rising price level (inflation, if you will) is likely to be a sign of vigorous economic health, of an economy possessing ! great capacity to develop new investment opportunities." i He rubbed it in harder by warning these most vocal critics of even mild price rises that their fear of inflation was making "both government and industry afraid of ex pansionist policies" and thereby was depriving us "of billions of dollars of production and millions of man years of employ ment which the country could have had if it had not made a fetish of a stable price level." . Slichter's view caused an uproar in informed circles at the time. I vividly recall one weekend conference on price wage policies in the summer of 1959 at which Slichter was cornered by a dozen business and labor union economists and forced to defend his thesis until after 3 a.m. Slichter held his ground, though. "Inflation is far less important now lhan the problem of 4.400,000 unemployed " he said over and over (that was the number then jobless.) "You would be of much more service to Ihe country if you'd turn your attention lo the problems of unemployment and of achieving an adequate rate of growth," he repeatedly remarked. I still have my notes on that inio-the-morning- nours session and these are accurate quotes. Now it is October 19B2, and I have gone back to Slichter! because the viewpoint that was. such a shocker to the econo mists in 1959 is becoming widely accepted among thoughtful, objective economists in government, industry and labor to day. The fact is that in recent years, we have had a remark able stability in prices. Slichter was entirely correct when more than three years ago he insisted inflation fears were grossly exaggerated and we were concentrating on the wrong problems. Prices of raw materials have sunk far below their highs of the 1950s. Wholesale prices actually are V-i per cent beneath the levels existing when this recovery began in early 1961. The rise in consumer prices has been modest, due most ly to climbing costs of services. We are, as an executive of the National Assn. of Purchasing Agents put it the other day. in a time of almost absolute price stability." ; The fact is that throughout this period of price steadiness, ' we have had a stickily high rate of unemployment, excess i plant capacity, a disappointingly low total of investment by j business firms, a growth rate substantially below our poten- i tial. Today, 20 months after the low of the last recession, j our unemployment rate still is at 5.8 per cent. Our total ' output is billions below what it should and could be. The fact is that business concerns the nation over have been caught in a profit squeeze, consisting of rising costs of production and overhead and of simultaneously stable prices. Not able to see expanding demand for their pro- j ducts, corporations simply have not been willing lo risk i investing huge sums on expansion and modernization. Since j this sort of spending is immediately translated into jobs I and paychecks, the price stability has directly and indirect- j ly been a factor contributing to our high jobless rate. j The fact is that price stability has in itself created new ; problems over a broad range. It's scarcely a secret, for in- j stance, that prices in the home market arc soft in many re gions and this unquestionably has retarded building of new homes. If we have achieved price stability at. the heavy cost of high unemployment and sluggish growth, what do we do about it? What we do about it is try bold new policies to acceler ate our growth and slash our unemployment rate in a cycle of price stability. What that means is tax reduction across-the-board to spur consumer spending on goods, to stimulate industrial production of goods and to give businessmen the financial ability and incentives to risk the investments wheh will make jobs and prosperity. it I f- , , t . , - 1 I f ' - "i ' ' I 1 ' , " Di Salle and Coleman. The Democratic charges burst as the Cleveland Press, the state's largest newspaper, was editorially prodding Di Salle to quit worrying about politics and call a special grand jury to investigate in fluence peddling charges in his liquor department. Earlier a Chicago distiller refused to do business with Ohio because he said he had to make deals in a hotel room with persons high in Democratic circles. Such charges and counter charges perked up interest in a dull campaign in which the stakes are high. At issue are a U. S. senator, 24 congress men, governor and all state of fices, three places on the state Supreme Court, and control of the legislature. Most observers believe a 1 conservative tide is- running in I Ohio, that it will be a rough j year on Democrats and local i bond and tax levies. A major stumbling block in Di Salle's campaign has been his identi fication with increased taxes I and spending. President Kennedy has giv en Ohio special attention, the. Buckeye state being the only big industrial state in the Mid west and East he lost in his 1960 campaign. Kennedy ob viously wants a friendly ad ministration in Ohio. Repub licans have marked Ohio as one they feel they can win this year and thus strengthen their hand in the 1964 presi dential race. Democratic Sen. Frank J. Lausche. who has had a hand LEAVES PARIS HOME- Former American movie star. Prin cess Grace of Monaco, is seen through a car window as she ! lnavpi lipr Paris hnmp alnne It isn't known 11 She DlanS to return immediately to her tiny kingdom. The French gov ernment has established customs guards and police posts along the borders leading to the liny principality in an effort to farce the country to pay taxes to the French government. (UPI) Small Worlds Around Us By LYNN M. WATKINS (Register and Tribune Syndicate 1962) in killing several of Kenne dy's legislative proposals, is rated a sure winner over Re publican John Marshall Bri ley in a campaign that has aroused no excitement. Taft Likely Victor Rated equally certain of victory is state Sen. Robert A. Taft Jr., son of the late Repub lican Senate leader, who like ly will burst onto the nation al scene a big winner as con gressman at large. This is a new office that came into be ing when the legislature failed to redislrict the state to pro vide a district for a congres sional seat picked up through a population increase. Taft is opposed by Richard D. Kennedy, a surprise win ner in a big primary field. Kennedy has been repudiated by his party because of his "conservative" civil rights views. Both parties believe they can make gains in the con gressional lineup, which is now 16 to 7 Republican. The GOP hopes to elect Taft and perhaps beat Hep. Robert Cook in the 11th dis trict where former Rep. Oli ver Bolton is running again. Di Salle Rated Underdog Deinocrats see their best chances against Rep. Charles A. Mosher in the Kith district; William Ayres in the 14th and Tom Moorehead in the 15th. In the 15th. Robert Secrest, eight-term congresman there until former President Dwighl D. Eisenhower made the dis trict Republican oy pulling Secrest out almost on election eve to name him to the Feder al Trade Commission, is run ning again. Di Salle was written off early in the campaign and is' still rated an underdog. Faced with a losing fight against the Republican legislature last year, Di Salle said he could do more for Ohio if people knew he wasn't a politician running for office and said he , would not seek reelection. He changed his mind and barely squeaked through a primary which left scars. Di Salle lost Cleveland and 21 counties in his reelection bid. Since Di Salle has cam paigned hard, saying Ohio's growing population demands increased state services and spending. He has been criti cized for his tax and spending program, opposition lo the state and county fairs, anti capital punishment and fusses with the GOP legislature. The Cleveland Plain Dealer, in en dorsing Rhodes, said the next legislature likely would bo Republican and the stale could nol stand more bicker ing in the statehousc. Di Salle counters that the legislature wanted to cut spending for vital state pro grams. Republicans said Di Salle presented an unbalanced budget and even now must dip into liquor store profits to pay its bills. Rhodes, former Columbus mayor and state auditor for 10 years, has made the state's i industrial growth and job op portunities the top issue. He contends the state has slipped A 3 laws, improved administra tion in various departments, and increased aid to universities. in this field and Di Salle has no program in major fields. Rhodes proposed an overhaul j of the juvenile correction pro-1 gram, recently a headline headache for Di Salle when a paroled sex criminal killed two girls, an overhaul of tax "OIL TO BURN" Mobilheit S & H Green Stamps MEDFORD FUEL CO. 772-H11 Edmund E. Hass Vice-President PACIFIC NORTHWEST CO. Investment Securities Since 1921 302-3 FLUHRER BLDG. Central and Main Phone 773-7319 Telephone 773-7319 to consult with Mr. Hass on invest ment and retirement programs using the securities of utilities, banks, insurance, industrial, and Mutual Fund shares. Other offices in Portland, Salem, Eugene, Seattle, Spokane, Tacoma, Aberdeen, Bellingham, Yakima, Wenatchee, Walla Walla and Boise. m p .lAClFlC orthwest Company nvestment Oecurities Members: Midwest Slock Exchange Correspondents of . . . KIDDER, PEABODY and COMPANY Members: New York Stock Exchange The 'While Man's Weed' Came Over with Settlers Being well acquainted with most of the plants native to their area, the early American Indians were quick to notice j a new weed that suddenly I flourished near the first per manent English settlement in America, in the village of Jamestown. It was only natural thai the t red men should name it the Jamestown or white man's weed. To the Indian, the plant was closely associated with civilization. Jamestown being at the time the very first vil lage of white men the Indians ever saw, it was a natural conclusion. The reason why the early colonists brought the seeds of SrAlitffiiitttiiHMitmiis fj NO DOWN PAYMENT iUP TO 5 YEARS TO REPAY Jr FAST SERVICE Now Available At Any Branch Bp this rank weed to the New World is rather obscure, but probably they believed the plant possessed curative quali ties and wanted it m the vicin ity for whatever, benefits it could lend to their tough bat tle ' in unfamiliar surround ings. Whatever lliose medical qualities were certainly were not original with the early settlers; they had been using the berries or leaves of the plant in the Old World. The so-called "white man's plant" had a long and rather inter esting history, for il was the main medicinal substance for the gypsies then roaming Eur- 1 ope. From Tropical Asia The gypsy, as well as the "white man's plant," came from tropical Asia many, many years before, and was even then probably important as a supposed cure for what mush have ailed those ancient peoples so very long ago. Like the gypsy, the "white man's weed became nomadic, shift ing across the face of the earth and finally that great step into the New World. The "white man's weed," of whatever history or geo graphical location it was a part, is no frail weakling. It is neither retiring nor timid; rather it is bold, aggressive and exceedingly hardy. For to day we can find it throughout i nearly all of the New World i as well as the old. And still it : flourishes in its place of early origin. I Grows in Waste i Here in America is grows alongside the sandy road, in ! waste fields and rubbish heaps. It will even grow and : bring forth its white, tubular : flowers on an ash heap. It J blossoms for several months j of every year. Wherever it j grows it is adjusted to the j : tim. for seldom will any of its flowers open before four in the afternoon. ! In the late afternoon or early evening it is visited by j 'the Sphinx moth. This may i account for the delayed open- ' ing. as the moth only flies i fp during the early evening. ; Qj i Perhaps the gypsy and even i I'M t the early colonists had more j on the ball than would at first 4g : appear, for later investiga- i f-i tions have discovered that the j , "white man's weed" bears i seeds that arc mildly narcotic, j .1-4 I- fc f'ii Sir The United States National Bank of Portland Student Named to Cnfersociefy Council Dean Allei Goddard, son of Mr. and Mr;. Fay F. God dard, 507 King St., Medford. is a member of the interso cicty council of Bob Jones uni versity. Greenville, S. C. Goddard, a junior majoring in Bible in the school of re jligion. is president of the Phi I Kappa Pi literary society. Brown & Haley makes 'em daily. . . ('cept Sunday) You can buy 'em everyday at your favorite candy counter... a delightful $-1,49 RrM BROWN A HALEY TACOMA, U.S.A. BROWN & HALEY, makers of Almond Roca f AiMOJftt I
