Medford mail tribune., January 30, 1963, Image 15

MCDFORD MAIL TRIBUNE. MEDFORD. OREGON
WEDNESDAY. JANUARY 30, 19$3
Your Money's
Worth
By SYLVIA PORTER
Copyright, Hall Syndicatt, Inc.
HOW CAN WE MAKE OUR ECONOMY GROW?
(Thii it iht lecond of two articles en national growth
economies) I
'We must move along the path to a higher rate of growth
and full employment," said the President in his State of the
Union message. "The sluggish rate of economic growth in
recent years has not produced the revenues required to
obtain budget surpluses under our present tax system," he i
emphasized in his budget message. "The core of my 1963
(program) is major tax reduction and revision, carefully
timed and structured to speed our progress toward full em
ployment and faster growth," he stressed again in his eco
nomic report.
Obviously, the heart of the President's proposals for tax
cuts in 1963-64 and his acceptance of huge budget deficits!
into 1967 is an all-out attempt to spur the growth of the
American economy.
Yesterday's column gave a simple definition of economic
growth: it is an increase in the total amount of goods and
services available for each individual in our country. It
also indicated that an economy grows in two basic ways:
back to full capacity when it is "underweight" and to new
heights of capacity to produce when the aim is long-run
expansion. Today's column concludes this primer on the
key economic story of 1963.
How can an underweight economy gain weight?
A fundamental way it can gain weight it by increasing
the demand for what its workers produce. Higher govern
ment spending can boost demand, for governments buy
a considerable portion of the nation's output. Higher busi
ness spending can hike demand (more on this below). High
er consumer spending is crucially important, for consumers
spend twice as much as governments and business put
together.
The key factor influencing the immensely important con
sumer spending is the after-lax income of consumers, and
therefore a key objective is increasing the disposable personal
incomes of consumers.
The federal government can help achieve this by paying
out more than it takes in or by cutting personal income
taxes or both for in each case more funds are left in the
public's pockets. The Federal Reserve System can help
achieve this by making borrowing easier and cheaper, for
this encourages consumers to borrow and spend more than
thry earn. Businessmen can help by introducing new and im
proved products, new styles and status symbols, for this
stimulates consumers to spend a higher percentage of their
paychecks.
A dominant goal of the lax cuts President Kennedy is
urging is an increase in the after-tax income of consumers
so they'll spend more and thereby spur our economy's growth.
How can our economy's long-term growth be accelerated?
A fundamental answer here is by expanding the ability
of workers of all types to produce. Under today's cir
cumstances the best way to do this is to make workers more
efficient.
American workers will become more efficient if (1)
they have greater skills. Giving our workers greater skills
is becoming a major drive in our country. They will be
come more efficient if (2) they want to work harder. Low
ering taxes to give them incentives to work harder is a
way to do this. They will become more efficient if (3)
new products, processes and work ideas are developed. On
this, business' ingenuity is vital and the federal government
can help by spurring research. They will become more
efficient if (4) they can use improved machinery.
Higher business investment in modern plants and equip
ment is the key to point 4. Businessmen will hike these
essential investments if they expect to make profits on the
investments, if they have confidence in the economy's sta
bility and "climate," if they are given incentives via lax
credits, tax cuts and liberalized depreciation rules. They 11
also boost this spending if consumer spending rises, and so
as the Reserve Bank of Philadelphia points out, "Actions
taken to increase consumer demand may indirectly increase
business investment and longrun growth as well. '
A farmer by himself cannot make a plant grow and
government action by itself cannot make our economy grow.
In each case the growth must come from "some inner spark."
But just as the fertilizer the farmer uses can stimulate the
plant's growth, so the actions government takes can stimulate
the economy's growth. This is the story behind the story
of the tax cuts and budget deficits.
Dennis the Menace
'CUT IT REAL SHOW An' PAINT IT SWCK.
'' A . -r v D pnl l.AM :
Bn.3i-5M71
P74-76-79-82
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M Your Daily Activity Guidf X,
" According to ffii Von.
To develop messoge for Thursday,
read wcrds corresponding to numbers
of your Zodiac birth sign,
31 Soma
22SteoJy
1 Vov
2 You'rt
4 ' fie or
5Ne
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7 htnt
6 KttO
10 W.th
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62 Rare
63 WKot
6 Fr tncW
65 RvrnjntiC
66 Surp't
Mai
9 Dei
74 Prc-s-M
75 '
76 W.th
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83 Your
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4 ; Neutral
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nov n fa
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OCT.
3.!7.29jri
0-33-41
SAQITTAIIUS
NOV IS J
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5 35-55-610
2-45-64
CAPtKOM
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1-1CVJT 3' Off
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10 Residents Take
Peace Corps Test
Peace Corps placement tests
were taken in Mcdford Sat
urday by approximately 10
men and women from the
Rogue valley. Leonard Nel
son, civil service examinir,
reported.
Several people arrived too
late to take the tests but fill
ed out questionnaires to in
sure being considered at the
next examination given, Nel
son said.
Three more tests will be
given, one in March, one in
April and one in June. The
exact dates have not been an
nounced, according to Nelson.
Various age levels were rep
resented in the group of per
sons taking the test Saturday.
Several expressed interest in
teaching jobs in the Peace
Corps and others were eager
to be considered in any posi
tions available.
Court Records
.irsTio cm rt
l.o!d Hill iMMrirt , .
Glenn Marhall wade, no iignt.
! Kenneth Eidon Glasgow, disobey
I ed stop bign. $10.
Helen Georgia Van Hoy. no
Charlie Mas-on. no lights. $10
Jrre Jamr O'Neill, following loo
close. Sli
Ernest Theodore Ross, no lights,
:
Lawrence Marion Keller, viola
tion of banc rule, $10.
Carthrtl James Hamilton, over
load. .M
Virgil Hal Milner Jr.. expired
vehicle license. $5.
Harold Glenn Arnold, truck
speeding. $5. tuspended.
John Junior Schlegel, disobeyed
stop sign. $15.
George Kdward Bret. truck
speeding. $10
Knrl Kenneth Ballcnger, no tail
light. $3
Primrose Pauline Morgan, viola
tion of basic rule 1
Ra mond Lee Owen, disobeved
trafiic kignal Jj
Alfred C!rk Hooker, disobeved
traffic Mgnal, i
Lawrence LeRny Padria. no opcr.
ator license, $.i upcndpd
Charlotte nrenneinun, failure to
yield right ol wv. S.'d
Verl Clifford Bishop Jr . dis.
oberd traffic Mgnal. $
Richard James Collinan, viola
tion of banc rule. $y
DUCKS FROZEN OUT
Stradbroke. England -a?P-The
Eastern Electricity Board
sent a heating cable Tuesday
to a duck breeder who said he
needed il to thaw his frozen
duck pond.
Wrap V Button
MLllKOKH MI'NICIIVMj lOl'HT
jAine Lorcn John&on, violalion
ol baMC rule. $1U
Oaniel Joseph Taylor, no oper
ator, license. SIS suspended
(Driver Improvement School'.
Ronald Kehx Spielbusch. exces
sive noise. $10 suspended iDISi.
George Ravmond Pitts, violation
0 banc rule. $10 suspended iDISi.
Jon Blake Miller, driving wnn a
learner's permit unaccompanied by
licensed driver. $15 suspended
(DISi.
John Alhert Linton, violation of
baste rulv. suspended iDISi.
Richarri .lean Hocue. failure to
yield right of way. $23 suspended
11JIM.
Thomas Jav Harvev. dlsobeed
stop sign. $10 suspended iDISi
Robert Alien Harrison, violation
of basic rule. SSO suspended iDIS.
Dennis Dean Ed wall, violation of
baMC rule. SO suspended iDISi.
Rex Jay Vowel), disobeyed stop
sign. $10.
Mark Stew art McQueen, disobey
ed traffic signal. $10
Robert Milton Lewis, improper
turn, SHl
Gary Lvnn Britt. expired vehicle
license. S.i
Klovd Winston Taylor, violation
of basic rule, $100. $75 suspended
IDIS'. , , .
Robert Eldon Apparcel. violation
of basic rule. $25 suspended iDISi.
Gary Dallas Colley. violation of
basic rule, $30.
Larry Homer Wyatt, defective
equipment. $15.
Bernice Juliette Chitwood, viola
tion of basic rule. $10.
Robert A. McCauley, no oper
ator'; license, $5. suspended.
DISTRICT ( Ol RT
Brian Richard Schauble. over
load. $'.
James Samuel Woods, overload.
$VJ
Barbara M, Lickens. angling
without license. S'J.V
Lle Lester Kayper. improper
coupling device. $10
Roger J Schroedcr, disobeyed
stop sinn, $10
KuRone C. Rotan. no vehicle li
cense. S5
William Albert Whiaitry, failure
to stop $10
Erie Monroe Grav, failure to
stop $10
lUnvev Stephen De Arniond, fail
ure to stop. $10
Richard Georce Brown, disobey
ed stop sign, $."
Paul Strong improper turn. $.
Glen Wayne Frcy, improper muf
fler. $5
Lloyd Chester Johnson, failure
fo stop $15
Stanlev Carroll Jones Jr. viola
tion of basic rule. $10.
Robert Pankey. no operator's li-ccn-e.
$."
William Earl Cox. no lishts. $10
Douglas R Goree. obstructed
vision. $10,
l-'i a nk Louis Roberts Jr , no muf
fler $3.
Etmer Lynn Coffman, failure to
stop. $10.
Henry Martin Dalton, disobeyed
stop jjign. $10.
B 5
cmci it coi rtT
Dan ell W Rolls v Dixie Vir
ginia Rolls, divorce complaint.
Louise Mildred Hendiickson vs
Paul Robert Hendrickson. divorce
complaint.
Dorothy Rock vs. Fredrick J.
Rock, divorce complaint.
Carol L. Thomas vs. Owen IT.
Thomas, divorce complaint.
Robert Eugene Rudy . LaVerne
M. Rudy, divorce complaint.
Belty I. Ferguson vs. Paul A.
Fereu.son, divorce complaint.
Rosie D. Brood vs. M. Arlie
Brood, divorce complaint.
Dennis Lawrence Vnrin vs. Julia
C. Vann, divorce complaint.
Mtirjoric June Hart vs. Garry
Franklin Hart, divorce complaint.
GUARDS HAVANA STORE-Armcd with an automatic rifle,
a Cuban militia woman guards a downtown Havana store.
Members of a United States news team which toured IIaana
.said they saw guards at each large store in Hhvana. (UPI)
WHAT'S THE USE
Madrid - illH - Prof. Juan
Antonio Zunzuncgui received
the annual "Miguel de Cer
vantes" award Tuesday for
his book, "The Prize" - a
violent denunueiation of the
practice of giving literary
awards.
TITAN TEST SUCCESS
Vandenberg A KB, Calif. -ftlPH
- A giant Titan 1 missile
with a dummy thermonuclear
warhead landed in its target
area near Wake Island Tues
day, 5,000 miles away from
its launching spot here, the
I Air Force announced.
Problem of School
Dropouts Before
Graduation Studied
By DAVID NYDICK
UPI Education Specialist
New York - 1LPI1 - A sreat
deal of research is being done
now on the problem of stu
dent dropouts before gradua
tion. This scriuus problem is
closely related to delinquen
cy, unemployment, and the
national economy.
Surveys of individuals with
out high school diplomas show
high percentages of unem
ployment. Average income in
creases with the length or
level of education completed.
There is also good evidence to
indicate a connection between
dropouts and delinquency.
Obviously, there is good
reason for concern about the
completion fo one's education.
There arc many economic and
social values.
Why do ? o m e students
leave school before gradua
tion? Reasons Vary
In some cases, a student
feels an obligation to earn
money for himself or his
family. It may be reasons of
health or an inadequate school
program is a contributing
cause. A program which does
not meet the needs and abili
ties of an individual can re
sult in a lack of interest and
desire to continue in school.
Whatever the cause, the re
sult is undesirable. How
should this problem be ap
proached? Each situation must
be considered individually.
The job is complex. It takes
cooperation and effort by par
ents, schools, community agen
cies, etc.
The parent and student
must understand the impor
tance of education. The sacri
fices which may be necessary
are worthwhile. When diffi
culties of this nature appear,
help should be sought. The
school guidance counsellor is
generaly able to assist. So,
very often, is the pastor or
family physician.
More Than Advice
This kind of problem usual
ly needs more than just ad
vice. The student must be di
rected to a school program
which meets his needs. Voca
tional assistance is valuable.
The student and parent need
the feeling that graduation
will result in a more promis
ing future.
When money is part of the
problem, additional family in
come is difficult to turn down.
Perhaps a part time position
will help. If this is not suffi
cient, further steps can be
taken. The school might bring
in other local agencies.
Parents who recognize and
understand the problem can
be most helpful. They can,
through proper guidance, do
a great deal to assist a student
to remain in school. Natural
ly, the school can do little to
help a student when his par
ents want him to leave.
Listen to the Easter bunny,
and sew this pert, pretty sun-1
dress for a little girl.
Sew-easy! Just 2 main pat
tern pieces for gay wrap n'
button sunner. Pattern 7232:
transfer; printed pattern,
sizes 2, 4, 6. State size.
THIRTY - FIVE CENTS
(coins) for this pattern - add
10 cents for each pattern for
lst-class mailing. Send to
Alice Brooks, care of Medford
Mail Tribune, Needlecraft
Dept.. P.O. Box 163, Old Chel
sea Station, New York 1 1,
N.Y. Print plainly NAME,
ADDRESS, PATTERN NUM
BER. 1963's Biggest Needlecraft
Show stars smocked accesso
ries - it's our new Needle
craft Catalog! Plus over 200
fresh-to-you designs to knit,
crochet, tew. weave, embroi
der, quilt. Plus free pattern.
Send 25 cents now.
LEGAL NOTICES
A 1 V E It T I R K M K N T FOR HIDS
Sealed bids will be received by
Ihe Jackson County Court In the
Courthouse at Medford. Orecotl. on
or before 10:00 A.M. on the l.ith
day of February, lflti3. for the
furnbhinp of new tires ami tubes
for passenger cars, trucks and
heavy equipment for the Jackson
County Road Department for the
fiscal year of March 1, 19ti3, to
March 1. Ififi4,
Instructors to bidders and pro
posal forms for the tires and tubes
can he seen at the office of the
County Clerk or the office of the
County Engineer of Jackson
County.
JACKSON COUNTY COURT:
F.arl M. Miller.
Countv Judge.
E H. Taylor.
County Com midM oner.
Donald E. Faber.
County Comnuinoner.
INVITATION FOR BIOS
For sai k ni hkmovm. of
BUIl IHNfiS AT MRTHLRN
(tlU(tl)N COLLF.C.F.
Sealed Bids will be received at 2
P M. iPST.i Friday. February 1.
1963 for the sale and removal of
three (3i h ou.se i located on the
Southern Oregon College campus
Specifications may be obtained
from the President of Southern
Oregon College, Ahland. Oregon,
Bids must he completed on the
form provided and a depoiit fjf
10 00 a appropriate bid security
be submitted Southern Oregon Col
lege re.servet the right to accept or
reject any nr all bidi and waive all
informalities
ELMO STEVENSON President,
Southern Oregon Colles
Ashland, Oregon
NOTK E TO t ItElinORS
P-29-M
IN 1 HE CIRCUIT COURT OF THE
STATE OF OREGON FOR JACK
SON COUNTY
In The Matter of the Estate
Of
WILLIAM H POMEROY.
Oereaed,
NOTICE IS HEREBY GIVEN
that by an order of the aboe
entitled Court dated January l!R,
IBB3. the undersigned u at ap
pointed executrix of the etate of
William H Pnmern dccaen
and all periont having claims
Mhinft said estate are he re if.
notified to pre;-ent !'r nt,r to
-td executrix at 2Vi h rat k 1 1 n
Buildirg Medford Orrgnn prop
ped a provided by
and within itx months from
da'e ol firt publication her
Dated aid fir-t published
30th day ol Junmrv, w.i
Vi"! Pmeroy.
txf iitrix
I ARRM.I HLACKHURST A
HORNECKFR
Attorney for Executrix
1'
the
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From The School)
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We'll take a
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USED RANGES
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38" G.-E. $4088
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40" WESTINGHOUSE 5C088
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40" FRIGIDAIRE $088
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40" G.-E. (s,lJij!J,'Jp. Unif) $Q 0
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HOME APPLIANCE COt
I ; ,
MARK 27 OVEN
& 4-Unit C00KT0P
303 SO. FRONT ST. Ph. 772-5595
No controls to mount . . , only
one electrical connection to nuke.
Push-But ton controls are located
on front panel. Has a 21" oven
and 4 Hi - Speed Calrod unit-,.
Ready to install when it's tan
from the carton. (27" wide x 24"
deep )
S
159
95
(JM61)
i
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SP50 """
a i -rrkk ATir
DISHWASHER
fcxcluiive Power Shower, 2
Way Wah Action
Hushnwrty Drain Ellrrnnatc
Hand Rin'.ing
Three Puih-Butfon Cyc'ei
Holds NtMA Place Scttmgi
for 12
Automatic Retractable Cord
' Needs No Installation
$
198
88
(less Hapco Trade)
1
DRYER
No installation plug
in
High airflow, low tem
perature drying
Automatic timer control
Countor high, counter
deep
Metal lint trap
Porcelain top and basket
$0088
DAI 1 0X
(ke Hkwo. Tcrjjjicj.
19" Portable
TV by G-E
Daylight Blue Picture
19" Squars Cornsr Screen
New Hy-Power Chassis
Built-in Telescoping
Antenna
s
148
88
WITH STAND
Bwerj bess With Hapco Trade
9