MEDFORD MAIL TRIBUNE, MEDFORD, OHEGOS
FRIDAY, NOVEMBER IS, ISSZ
Exotic Dancer
Gets Prison Term
Portland - H'Pli - Catherine
Lee Day was sentenced to
three years in prison here
Thursday for putting on an
improper show.
The 19-year-old exotic danc
er broke into tears when she
heard the sentence. She was
convicted on a morals charge
resulting from a stag show at
a Portland restaurant last
April.
Miss Day, who earlier was
sent to Hillcrest School Cor
Girls, also was given a lecture
by the judge.
Her attorney said he will
seek a new trial.
fs Your Money's
Worth
By SYLVIA PORTER
Copy fight, HM Syndicate, inc.
Calf Killed When Hit
By Car on Beall Lane
A car driven by Sue Ann
Bjornsen, 23. route 1. box 278,
Central Point, struck and kill
ed an Angus calf on Beall
lane, east of Sunnyvale dr.,
yesterday afternoon, accord
ing to state police.
The calf, belonging to John
E. Truley, 2979 Beall lane,
broke through a fence and
went onto the road directly
in front of the car, officers
said.
forTiiursJay, Nov. 22
SWEM'S 2,,:f
H THE BIBLE jj
fH SPEAKS ff
H TO YOU PI
Sunday, 9-.00 a.m.
K-SHA - 860 kc
Tkil uejc's Christian Science progtant
"Th Time (or Gratitude"
CUBA AND OUR ECONOMY
Now that the Cuba crisis has simmered down to control
led anxiety and indeftnate tension, just what impact did the
showdown have on the American economy? What effect is
it likely to have on the U. S. budget? Where are we in the
business cycle now and where are we heading?
Here are informed answers to questions which millions
of Americans surely are asking.
Q. What impact did the Cuba crisis have on our economy?
A. Very little, because it stopped where and when it did.
The rise in spending traceable to the Cuba flare-up is esti
mated at S200 million or less - picayune in a SB4 billion an
nual budget and not enough to change the picture at all.
There have been no major increases in spending programs
by businessmen or consumers b3sed on the crisis; it was too
short-lived. The strong stand taken by President Kennedy
and the apparent removal by the Soviets of their missiles
from Cuba have perked up psychology - a plus for our
economy. Relief over the results to date has added strength
to our stock market - another plus. Whatever impact the
crisis has had has been on the plus side, but fundamentally
our economy is just about where it was pre-Oct. 22.
Q. What effect is the crisis likely to have on the U, S.
budget?
A. The administration's assumption in drawing up the
budget to be submitted by the President in January is that
the struggle with Russia wiil continue indefinitely, but with
out either war or significant relaxation of tensions. Thus,
the prospect is that the new budget - !o cover the year be
ginning next July - will call for spending of more billions
for defense and space activities. But to help offset these
increases Kennedy is slashing spending requests for civilian
programs. The budget isn't firm yet, but it's moving toward
I completion and it is what Washington experts call a middle
: of-the-road type of budget.
It will be a record peacetime budge! and there will
be a deficit. That's taken for granted. But Kennedy is
rejecting calls for big spending hikes because he still
plans lo push hard for and hopes to win substantial
tax reductions for individuals and corporations next
year and he doesn't want to risk a budget deficit that
might encourage Congress lo turn down his tax cut
proposals.
Q. Where are we in the business cycle now?
A. Moving sluggishly ahead. There are some bright spots,
notably in autos, where sales are amazing even the optimists.
Steel demand finally is climbing again, reflecting the auto
boom and the fact that cutting of steel inventories is run
ning its course. Paced by auto sales, retail sales in October
hit a peak for any month.
But over-all, we're not really getting anywhere. We're
silting on a very high plateau, marking time.
Q. Where are we heading?
A, For more of the same, assuming no war or alt-out
mobilization and unless aggressive r.ction is taken to ac
celerate our growth.
The new tax credit and liberalized depreciation rules well
may stimulate businessmen to spend more on plants and
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equipment than they now plan. A continuing auto boom
would have an excellent Impact.
But there dotm'i appear any "natural" Raw tpur
on lh horiion and th preterit expansion cycle already
is in its 2 1st month, We ere in a period of transition be
tween lh great boom of post-World War JI and iha
coming upswing when iha postwar baby crop comes oi
age in the mtd-19S0s.
O. How can we get the economy moving strongly up
again?
A. There is extraordinary widespread agreement, cross
ing lines of economic thinking and politics, that the answer
lies in substantial, across-the-board tax reduction. This would
stimulate consumer spending, it would thereby take up the
stack in plant capacity, it would spur businessmen to invest
more in plants and equipment, it would give Americans in
creased incentive to go into new, risk ventures.
President Kennedy is pledged to ask for these tax re
ductions as soon as Congress convenes.
We have been in a cycle of slow growth since 1355. There
are no signs we'll break out of the cycle until Congress re
moves the drag our tax structure exerts on our economy
every time it tries to push ahead.
iabbif Marketing Group To Assess Operation of Year
In the Day's News
By FRANK JENKINS
You've heard, perhaps, of
the amateur miner who stuck
his pick into what he thought
was a deposit of acres of pure
gold. For a few hours, in his
mind, he was rich beyond the
dreams of avarice.
Then an experienced miner
came along and told him that
what he had found was iron
pyrites, or FOOLS' GOLD.
HIS COUNTERPART lives
in Irvington, N. J., and his
name is Leonard Sherman.
Leonard went down to the ir
vington post office the other
day and bought 50 four-cent
stamps for $2. Before he had
time to stick them on fetters
and mail them, the story
broke that these particular
stamps were boo-boos on the
part of the U. S. Post Office
Department and because they
were boo-boos and only a few
hundred of them had been is
sued they would be priceless
in the eyes of stamp collectors
-worth, maybe, a HALF MIL
LION DOLLARS.
But he has now teamed the
Post Office Department has
decided to cancel its boa-boo
by the simple process of print
ing MILLIONS of the boo
booed stamps.
WHAT A JOLT!
the Bureau of Engraving and
Printing (which prints the
postage stamps and the mon
ey) made a similar boo-boo,
and a few of them got out into
circulation,
Stanley J. Hodziewich, chief
of what the Post Office De
partment calls its philatelic
section, recalls this morning
that one o these 1918 boo
boos (a 14-certt airmail stamp)
recently sold at auction for
$9,000.
The Rogue Valley Rabbit)
Marketing association wiil as-j
sess its operations Tuesday, j
Nov. 20, in the Rogue River j
(Civic ha!! following a year's
operation.
I Alt interested rabbit grow-;
lers are invited to attend the!
meeting which starts at S p.m.,
a spokesman said.
The association was or
ganized a year ago. Purpose
is assisting all rabbit raisers in
marketing rabbits phis pro
moting the best possible work
ing relations between the
growers and processors. The
association is a business or
ganization and deals primarily
with marketing problems, it
was pointed out.
"By working together as a
group we can place rabbits as
a unit on the market and re
ceive more profit," a club
spokesman explained. "Dur
ing the last year rabbits have
received a higher price than
flUlESE collectors who are
willing to pay fantastic
prices for scarce and unusual
articles are a part of our af
fluent society. In these days,
a lot of people have a lot of
money they can spare-and so
are willing to pay a whopping
price for something nobody
else has got.
consistently paid in this area
before, largely due to organization,"
Sow Selling Rabbtii I
Now the marketing a..xcia-
lion is selling rabbils to Kderj
Rabbit company which lias
been fair to growers and
helped m;my to become better
established. By having a
signed agreement between
processor and growers both
benefit in the increased mar
ket stability, it was explained.
Although rabbit-raising is
an agricultural industry sub
ject to the sisual price fluctu
ations, the prices to the asso
ciation tend to remain the
same during Use term of the
agreement, it was noted.
The southern Oregon cli
mate is agreeable to rabbit
raising and many people re
ceive part-time income
through this work, a spokes
man said.
5
aitested by the armed, farces,
atid by trtstittittosis. wfetssa
Although considerable re- memuers re?msre the high pro-
search is now beuig carried ' teiii s Jb! Sq cfeefesferoi
on. more is needed. Mure and I Kscat provided by rabbits." a
mre rahhil meat is being re- club member said.
if
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Lars Selections ta Cgsose F?am, Retteftabl Pitta.
it ONE WEEK SERVICE ir
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613 East Mam - Phone 773-42S8
ROGUE CAMERA
SHOP
FIFTH AHt I
SARTLETT
772-61 85
OFFERS YOU.
AMERICA'S HO. I
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'63 AMERICAN GLB. SDH.
FUUY EQUIPPED with individual reclining front saast
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Payments $43,66 per M,
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No PaymeaH Until 1963
HOW DID it happen?
Jt was tike this:
In printing the stamps ;
(which are yellow a pressman !
(presumably) fed a sheet oti
them in upside down. As a
result, the lower portion o j
the stamps, which should have
been yellow, came out a blank
white, and the 4-cent designa
tion, which should have been j
in the lower left-hand corner,
came out in the upper right
hand corner. ,
in some manner unknown, j
this upside-down sheet got in
to circulation and the New
Jersey man bought 50 of j
them.
BUT -You
may ask
How does that make the
boo-booed stamps so valuable?
TT'S LIKE this: j
As Gertrude Stein, the
American novelist and poet
whose weird diction made her
famous, would have put it, "a
stamp is a stamp is a stamp is j
a stamp." But an unintcntton- j
ally boo-booed stamp is a j
RARITY. Because it is an un-1
intentional rarity, stamp col-:
lectors are wilting and eager :
to pay a price for it that is :
out of a!! proportion to its in-:
trinsic value.
Which is to say:
It's a plain case of SUPPLY
AND DEMAND. The boo
booed stamps are scarce. So
collectors are willing to bid
up the price to get them. Just
like buttons. A common, ordi
nary, everyday button is a
button is a button is a button,
to carry Gertrude Stein's lit
erary style a little farther.
But an old, RARE button is a
collector's item and com
mands a price commensurate
; with Its rarity.
fpHE POST Office Dcpart--
ment's face, of course, is
red. But it has an alibi. Its
alibi is that such things don't
happen very often. The last
time was back in 1918, when
Injury Reported in
Medford Accident !
Robert James Summers, 18
Jeannette si., notified city po
lice Thursday afternoon that
his vehicle had been damaged
by another vehicle while park
ed in front of his residence.
Pauline Thompson, 85, of
route i, box 205, Gold Hill,
was slightly injured about 3
p.m. Wednesday when the car
in which she was a passenger
collided with a pickup truck
at (he intersection of North
ivy and West Fifth jts.
According to Medford po
lice, she was passenger in
a sedan operated by Raymond
Cogiey Thompson, 85, of the
same address. He was cited
for not having an operator's
license with him and failing
to yield the right of WBy to
s vehicle.
Operator of the pickup
truck was David Christopher
Yuttg. 17. of 210 East Main
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