1
MEDFOHD MAIL TRIBUNE. MEDFOHD. OREGON
WEDNESDAY. APRIL 3. IM3
A S
Try and Stop Me
By BENNETT CERF
Hatfield Protests Proposed Changes In Timber Taxation
A FOREIGN ROADSTER rounded a corner on two wheels,
knocked down a policeman and four pedestrians, and
finally wrapped itself around a telephone pole. A sweet
young thing climbed out
of the wreckage. "Yip
pee," she cried, "that's
what I call a kiss!"
From "Doc" Mack in At
lanta cornea the story of
two cub scouts whose
younger brother fell into a
lake. The two scouts rushed
home with tears streaming
down their countenances.
"We tried to give him arti
ficial respiration," sobbed
on to their mother, "but
ha kept getting up and
walking away."
Paper Tycoon Sam Himmell suffered a loss in his staff last
week: a girl in his accounting department quit to many a rich
Wall Streeter. "I honestly didn't want to marry him for his
money," she confided to Mr. H., "but there just wasn't any other
way to get it"
A Minneapolis 5-ycar-old smelled a pancake breakfast being
readied in the kitchen. "Mom," he called out happily, "my
tsmach is smacking its lips!"
45 163. by Bennett Cert. Distributed by Kia( restore Syadrcste
By A. ROBERT SMITH
Mail Tribune
Washington Correspondent
Washington - (Special) -Gov.
Mark Hatfield has told
Congress that the Kennedy
Administration's proposed tax
changes governing timber
sales
Smith
Superstructure of
Astoria Bridge on
Highway Bid List
Salem - (WD - The highway
department will open bids
April 23 for 24 projects esti
mated to cost $22.8 million -one
of the largest bid lettings
in the history of the depart
ment - it was announced
Tuesday.
Largest project on the list
is the steel superstructure of
the Astoria bridge, estimated
at $10 million. Also scheduled
is the Desdemona Sands via
duct section of the same
bridge.
Other projects, by county:
Baker - Concrete bridge on
Slaughter House rd.
Coos - New bridge over the
canal between Ten Mile lake
and North Ten Mile lake.
Douglas - Four projects:
Anlauf-Elkhead road section,
7.24 miles paving and grad
ing; Elkhead road - Yoncalla
interchange section, 4.9 miles
paving, grading and struc
tures; steel bridge over the
North Umpqua river four
miles north of Roseburg; three
bridges on the Conn Ford
county road four miles north
west of Roseburg.
Gilliam - Two structures
on the Quinton-Arlington sec
tion of the Columbia river
highway.
Jackson - Installations at
the Valley of the Rogue
state park! grading and pav
ing on Pina si,
Poinl.
in Central
Klamath - Overnight camp
ing facilities at Collier Me
morial state park.
Lane - Structure to carry
Egifc rd. over Interstate 5 at
the Coburg quarry slide sec,
tion of the freeway.
Linn - New bridge over
Wiley creek.
Linn and Marion - Paint
ing of two steel trestles over
the North Santiam river.
Multnomah - Five projects:
grading 1.18 miles of SE
Stark St.; paving same section;
bridge over the Columbia
slough; signs and temporary
traffic signal on the North
Shaver st. - Morrison bridge
interchange; painting of
Grand and Union ave. cross
ings over the Banfield Free
way. Polk - Grading and paving
of 5th st. in Independence.
Union - Grading and oiling
on the Spout Springs slide
section of the Weston-Elgin
highway.
Washington - Traffic signal
installation at intersection of
Watson st. and Allen ave. in
Beaverton.
Wheeler - Grading and
stone base work on the Meyers
Canyon - Mitchell section of
the Service creek - Mitchell
highway.
would
severely jeop
ardize our pri
mary industry
and, there
fore, the en
tire economy
of O r e gon."
In a lengthy
letter to the
House Ways
and Means
Committee, which will soon
start drafting a new tax bill,
Governor Hatfield urged the
committee "to oppose any
change in the present tax
treatment of timber and fed
eral lew."
The Treasury Department
has asked Congress to abol
ish virtually all capital gains
treatment of profit from tim
ber sales by private timber
owners. Ttiis would consti
tute an increase from the pres
ent 25 per cent capital gaias
rate to the proposed 47 pw
cent rate for corporate in
come ratner tnan a i cuv
to the proposed 22 per cent
capital gains level. The for
estry products industry
throughout the nation is fight
ing against this proposal.
Hatfield pointed out that
wood products industries ac
count for about 60 per cent
of the total Oregon manufac
turing payroll, engaging about
100,000 person!; out of an em-
Dloved labor force of 690,000.
He said the value of products
of Orecon forests now reaches
$1.2 billion as compared with
about $316 milion in 1B4J
iust before the current cap
ital gains feature was adopt
ed.
Major Factor
The capital gains feature
has been a major factor in
the growth and competitive
modernization of the indus
try, as well as the incentive
for improved conservation of
private timberlands, tne gov
ernor maintained.
Prior to its adoption In
1944, "private tlmberland
owners showed little interest
in tree planting, protection
and improvement of young
growth, and proper forest
management. Today extensive
tree planting and conserva
tion programs have been de
veloped." "Due to the extended
growth cycles, the investor
in progressive forest manage
ment must wait for a period
of years from 35 to 100
to receive even the first
dollar back on his invest
ment," Hatfield noted. "Aft
er trees reach maturity and
are harvested the investor,
under present economic con
ditions and present tax law,
receives only a minimal re
turn approximately 4 per
cent. Obviously, investments
of this long-term nature must
be competitive in the market
for capital funds. Deprivation
of minimal return on timber
investment through excessive
taxes at time of harvest would
leave the timber industry
without available capital
funds to invest in reforesta
tion for the future. This is
the situation which the peo
ple of Oregon, and other timber-dependent
states, must
face."
Mora Rasaarch
Hatfield told the committee
that the capital gains rate
has also helped promote more
research into fuller utilization
of timber, so that instead of
single use industry geared
primarily to lumber it now
produces numerous products
and "research in the wood
chemical field indicates that
the forest products industry
is on the thieshhold of an ex
citing new array of products
from wood."
From 1943 to 1962, the gov
ernor said about $825 million
has been invested in modern
ization and construction of
new plywood, pulp and pa
per, hardboard and particle
board plants and chemical pi
lot plants, based on years of
planning and the encourage
ment of the present tax treat
ment of timber.
"Disruption of the present
tax law would cause severe
hardships to owners of tim
ber and manufactuering fa
cilities." he added. "Industry
would be forced to seriously
re-examine its entire operat
ing plans and to take what
ever steps necessary to insure
a rate f return comparable
to the rate of return in oth
er enterprises.
"In all probability the re
sult would be unstable em
ployment, severe impairment
of state and local tax bases,
damage to industries depend
ent upon the forest industry,
and long-range stagnation of
Oregon's economy.
Would Aggravate Problems
"The tax law change would
aggravate and accentuate the
current competitive problems
already caused by increased
Canadian lumber imports, the
differential in cost of water
shipments to the East Coast,
and dollar exchange advant
ages to Canadians.
"Of even greater concern,
the proposed tax change
would scuttle most of the im
portant reforestation and tree
farming programs in this
state to the detriment of fu
ture generations of people of
this country," the governor
concluded.
For everyone you know
Easter-'
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86 GREYHOUND . . . AND LEAVE THE DRIVING TO US.
Richard Burton,
Wile Separate
New York - tUPD - Richard
Burton's wife flew into the
city Tuesday night, leaving
her husband behind in Lon
don with Liz Taylor and an
nouncing a mutual agreement
to separate.
Notice of the separation be
tween Burton and his wife,
Sybil, was released by Mrs.
Burton's lawyer, Aaron R.
Frosch, shortly after Mrs.
Burton flew here from Europe
with the couple's two daugh
ters. Frosch's statement said that
all financial and other ar
rangements between the cou
ple had been concluded but
that "divorce has not been
considered or discussed."
There was some confusion
as to the purpose of Mrs. Bur
ton's visit here.
Frosch's announcement said
she had arrived in New York
"to visit Philip Burton, Rich
ard Burton's father, for the
Easter holidays. How ever,
Burton was born Richard
Jenkins in Pontr h y d f e n,
South Wales, the son of a
Welch coal miner.
Informed sources said the
Philip Burton in question was
the actor's high school teach
er and foster -father who
taught him to speak English
without a Welsh accent.
Mrs Burton's whereabouts
have not been revealed and
Philip Burton has been un
available for comment.
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Lawsuit Against
Kennedy Settled
Los Angeles - 1UP1) - Four
damage suits against Prcsi
dent Kennedy and others
stemming from an accident
during the 1960 Democratic
National convention here
were settled out of court, it
was learned Tuesday.
Attorneys for the plaintiffs
said the suits, asking a total
of $450,000 in damages, were
settled for $17,750.
Mississippi State Sen. Hugh
Bailey, Circuit Judge Walter
O'Barr Jr., plantation owner
William H. Austin, and Mrs
Jimmie Lee Hills, wife of the
political editor of a Jack .n
Miss., newspaper, had filed
the suits in connection wMi
a traffic accident July 12.
The car in which they were
riding at the time had been
rented by the then Sen. Ken-
nedy. -
f" The President was not in
I volved personally in the acci
dent. Codefendanes in the action
included a car agency, driver
of the two cars involved and
Leo Racine, who accompanied
the delegates on their way to
a Per le Mesta party.
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