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