Medford mail tribune. (Medford, Or.) 1909-1989, April 22, 1963, Image 3

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Medford mail tribune., April 22, 1963, Image 3

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Newspaper Page TextDE GAULLE AND U. S. STAKE IN FRANCE Since France's General de Gaulle icily vetoed Britain's entry into the six-nation Common Market in January alter nearly 18 months of negotiations and followed up that blow to our hopes for a great Atlantic trading partnership now by just as icily blasting the volume of U. S. investments in France particularly and in Europe generally, fears have been widespread here about the future of U. S. interests in Europe. There is serious talk of impending trade war between us and the Common Market instead of new unity and healthy competitiveness, frightening hints of a French rush on our gold reserves. There has been much worried discussion at highest levels in government and business of a new Euro pean "economic nationalism" and French "isolationism" with de Gaulle leading a defiant drive for an "inward looking" Europe. What have we at stake in France-.' What is the story be hind de Gaulle's "outbursts" against our investments? What has de Gaulle actually done, what is he likely to do, what do America's top experts expect? In today's column and tomorrow's this untold talc, gathered from the most authori tive sources, will be outlined. Q. What have we ai stake in France? A. Plenty. At the end of 1061. latest reporting date, 1.800 private U. S. corporations had S840 million invested in France, nearly double the total only five years ago. Today, our total investment in France is estimated at SI billion, quadruple the amount in 1950. France also is one of our best export markets. Direct private investments by U. S. companies in all the Common Market countries totaled over S3 billion at the end of 1961. against under S1.7 billion at the close of 1957. Q. What triggered France's blast against our investments? A. Our own authorities admit there were two irritating moves. First, the layoffs last fall by two major U S. com panies of 1.000 French workers - a move, as one U. S. source puts it "that the French regard as unforgivable." Second, the recent acquisition by Chrysler Corp. of control of Simca, France's third largest auto company. De Gaulle also is dis turbed about the strong position U. S. companies hold in France's food and petroleum business. U. S. companies today control fully 19 per cent of the French oil market. Q. Why do we want to invest so much in France? A. She has been considered a prime investment target for several basic economic-commercial reasons. The French economy has been expanding at a most dy- namic rate; in 1962 her growth rate has been estimated at 6.2 per cent, the highest in Europe. Her labor costs are com paratively reasonable. The individual purchasing power of the French has been climbing rapidly and private consump tion jumped more than 10 per cent last year. There has been a heavy demand for U. S. equipment to modernize large por tions of French industry. Finally, France's external financial position today is impressively solid and she has enviable totals of gold and dollar reserves. Q. What could France do if she decided to turn on the screws? A. She could stop negotiations for cuts in tariffs, reverse the powerful movement toward freer, bigger trade in the West. This could badly undermine the economics of the Western world. She could put strangling strings on new licenses to foreign corporations wishing to operate in France. This would virtu ally end our investments, close a market in which we are so interested. She could pass restrictive laws to curtail the future growth of foreign companies already operating in France. This would put a lid on U. S. companies new within her borders. She could demand a controlling French interest In foreign companies or limit the voting power of foreign capital in French companies. This would blacken the picture we have of the French market and the future of the whole Common Market. But the evidence is persuasive that there is a vast gap between what France could do and what she is doing or intends to do. This report is far more encouraging than most think and will be submitted tomorrow. a: tatatlell II fflMf SUPER SCENICRUISER This bus is designed for traveling pleasure and comfort far beyond the ordinary. It's the great gold stripe dual level Greyhound SUPER Scenicruiser. And it's all yours at no extra cost. For pleasure, GO GREYHOUND . . . AND LEAVE THE DRIVING TO US. No extra fare for the SUPER Definition Portlind. Orrjon San FranrUco. Calif. BUCM, Orrcon Redding. Calir Sarramrnto. Calif Albanv. Oregon Baktrtflfld. Calif. Reno. Nexada GREYHOUND TERMINAL Your Money's Worth By SYLVIA PORTER Copyright. Hall Syndicate, Inc. Scenicruiser. For example one niv I 1AI S.iS ses M .- 1.15 S.ftt. 12.45 115 rnd trip 115.45 15.95 9ie X.C5 I4.fl IB.HO 22.45 212 No Bartlett Q BSff BSmalSSST 'jfLS ' s)raBsW " LV ' air-,' i; w TEMPTING TOPPING The pretty California port and sherry twins, Nita and Norma Anderson of Los Angeles, add a tempting topping to a triple tier of glasses during a trip to New York for pomotion of the California wine industry. (UPI) Primitive Minds Created Some Beautiful Legends The early American In dians knew nothing about earth-orbiting satellites. The only pari of celestial astronomy they were inter ested in was the light of the full moon when it bathed the wilderness with brightness and extended their day. A cam pf ire didn't give much light, but moonlit nights were good for hunting. Probably these child - like people were intrigued by the twinkle of the stars. The fact thai they based so many of their legends on those pin points of the night sky proof positive they did gaze with awe on the star-studded heavens. To the primitive mind, nat ural phenomena became as sociated with the unknown; therefore, nature was con trolled by spirits. Those sim ple people were savages be lieving In silly myths, but they had the imagined idea that favoring certain spirits would result in rewards. At the same time they created some really beautiful legends . . . some almost poetical. Possessions Buried Believing that the soul of the departed went to the "happy hunting g r o u n d," where game and fish were al ways plentiful and easily pro cured, they buried their dead with all his worldly posses sions by his side: his bow and arrows, cooking utensils, his softest moccasin-those which carried him in life noiselessly through the forest - his beads and ornaments, and all the things he would want and need in the hereafter. Even some of his favorite food was included to nourish Better Aluminum Prices Expected Pittsburgh -JUPli- The selec tive price increases in the steel industry "will psycho logically be a plus factor in favor of better prices" in the aluminum industry, top offi cials of the Aluminum Co. of America hinted Thursday. The mbject of prices was brought up at the annual stockholders' meeting and during a subsequent press conference. "This cost-price squeeze re mains the single most pressing problem facing the U.S. alumi num industry." said Alcoa Chairman Frank L Magce. "An adequate return on in vestment is a fundamental requirement for the future growth of the aluminum in dustry, as well as our eco nomic system. "This means there must be a more realistic relationship between prices and costs." Womon Arresfed For Obstructing Firemen Mrs. Myrtle Wilma Pierce, 59. of 540 South Fir ft., was . arrested by Mcdford police on i charges of obstructing fire men from carrying out their , duties during a flue fire at her home early Saturday morning. Police took her into cus tody while firemen removed wood from a stove and extin guished the fire Mrs. Pierce ; was reported released on bail. I MEDFOHD Small Worlds Around Us By LYNN M. W ATKINS (Register and Tribune Syndicite, 1963) him on his long journey. The spirit, they believed, should be well nourished so that he would arrive in the "happy hunting ground" in strong, healthy condition. Those he left behind who still walked the forest trails looked up into the night sky observed the Milky Way and imagined the spirit of the de parted was ascending that luminous stairway of twink ling stars. Those stars may have been campfircs which lighted the way and guided the lone traveler on his long, one-way passage to the great beyond. Cried for Food During the time of famine or the "hunger moon," when game was scarce, the world was covered with snow and the cold was intense, the In dian stomach cried for food. The "frost spirit" held their world in a cold, merciless grip. The "spirits," both good and evil, which dwelt in the savage mind were just as real to them as our heros are to us. Today, in this enlightened world, we view with pity -sqmetimcs scorn - the stupid beliefs of a people who wor shiped trees or believed in "spirits" that occupied the waters or walked the sky. We moderns of today are much more sophisticated - we wor ship machines. Mysterious Force The wind, loo. was a mys terious force that came from nowhere and apparently went back the way it came. It was a presence, a something that pressed against them, that rustled the leaves of the for est. But it couldn't be seen; it had no rubsiancc. The wind was changeable spirit, always undecided as to which direction it was going. Its velocity indicated just how the tree-spirit felt - gentle, warm, cold or violent. So it, too, must be a spirit. When the lightning came, ripping the sky apart and fol lowed by the boom of thunder that s-hook the forest as by a mighty hand, the primitive thought the "spirits" were displeased. The Indian waited in fear, hoping the sun - the "goddess with the golden hair" - would soon come to dispel the darkness and ap pease the "storm spirit." '.- JCF Jackson County Federal Savings and Loan Assn. Homo Office 2 E. Main, Medford Ashland Branch-337 E. Main, Ashland MAIL TRIBUNE. MEDFORD. Nature Unfair to Elderly Women, Doctor Maintains By DELOS SMITH UPI Science Editor New York-'UPMt is the con tention of Dr. Robert A. Wil son, a veteran woman's doc tor, that na ture is unfair to elderly women but that medical science can do s o m e t h ing about it. Na ture "dese.xes" woman when she approach- Dcloi smith es her 50s and thereafter she declines rapid ly mentally and physically even though she may live to be a hundred, in his view. Nature does no such deterio rating thing to man, although it usually kills him sooner. "Our streets abound with them, elderly women, walking stiffly in twos and three, see ing little and observing less," he said. "It is not unusual to see an erect man of 75 vigor ously striding along on the golf course, but never a wom an of this age." The young girl is "essen tially of neuter gender." With puberty her body chemistry is flooded with the hormones of femininity and they make her a woman. At the meno pause, the "change of life," estrogens production is abruptly curtailed. She re turns to essential "neuter gender." Men Fade Gradually "There is variation in de gree but not in fact," con tinued Wilson. "Men do not live as long as the so-called weaker sex. However, they age, if free from serious dis ease, in a proportional man ner. The gonads fade gradu ally, but there is no sudden shutdown." Because these gonad hor mones are responsible for conspicuous sex characteris tics, the layman thinks of them as "sex hormones." Bio chemistry knows, however, that they play important parts in the chemical processes which maintain whole body functional efficiency. Wilson said that in the csuogen-siarvca e l a e r 1 y women, muscle cells lose their strength, there is a loss in weight, energy and height, ar teries "harden" at a greatly Javits Proposes New Labor Laws Washington - IUPII - Sen. Jacob K. Javits (R-N Y.) pro posed Thursday that the Pres ident be given new laws to deal with labor disputes in which the national interest is "dangerously jeopardized." Javits announced that he was introducing proposed amendments to the Taft-Hartley Act to authorize the Presi dent to: -Appoint a board of inquiry which could, for the first time, make recommendations for a settlement. It also would report on the facts in the dis pute. -Order a 30-day freeze dur ing which both sides would be "under a duty to bargain" upon the recommendations. although neither party would be required to accept them. -Seek federal court ap pointment of a special re ceiver to operate any struck facilities which the court felt were needed lo protect the national health or safety. BOLT HITS PLANE Norfolk, Va. -(UPD- A Na tional Airlines plane carryin 44 persons was struck damaged by lightning Wednes day but landed safely here for repairs. The bolt of light ning struck the prop-jet Elcc tra's plastic radar nose dome, according to a spokesman for the Federal Aviation Agency. Damage was "very minor," he said, and amounted to re placement of a plastic radar cover. Visit Your LIBRARY your minds magic carpet OREGON accelerated rate, she is made susceptible to mounting blood pressure, and her bones be come progressively more brit tle. Note Mantel Effects And there are mental ef fects. "A large percentage of women who escape severe de pression acquire a cow-like feeling called a 'negative state'," he said. "It is a strange misery. Such people react poorly to pleasant stimu li, yet do not sink to great depths of depression. The world appears as through a gray veil, and they live as docile harmless creatures missing most of life's values." Wilson wishes medical sci ence to apply "replacement therapy" to those elderly women who are markedly de clining, that is, give them syn thetic estrogens to replace those which their gonad glands are no longer produc ing. He is devoting himself to persuading other gynecolo gists to accept this view. At present and generally speak ing, synthetic estrogens are administered to elderly worn en with caution. Wilson re cently rebutted at length in the journal of the American Medical Association a com mon medical suspicion that they might somehow cause cancer. mk. .,e.o i1 . fit " ' IrfrV-XV How often have you said to yourself: "It's hard enough to meet expenses let alone jave money!" You can do both within your income claim John and Alice Haherty, well l known writers, lecturers and counselors on family money management. Their princi ples of spending-and-saving, together with dozens of practical tips, have been com piled in a booklet, "How to Make the Most of Your f amily's Income" and it's yours for the asking from New York Life. "Pay Yovndf Pint" h the Key. There's no "trick" to proper money managing. Ihe authors point out, but there are several fundamentals. First, "it is important that you develop a sense of appreciation for your own income level." In addition, you oust calculate on the basis of net income, Measures Passed Salem - illPt - Measures ap proved Saturday by the House: HB1229-Local budget law. HB1569 - Letting 5 of 6 member jury return verdict. HB1557-Judicial review of administrative proceedings. HB1682, 1683. 1684-Relai-ing to water resources and water resources board. HB1736 - Interest earned on county funds. HB175S - Domestic water supply corporations. HB1791 - Letting junior high or high school student stay in same school despite reorganization. SJM4 - Urging speedup In funds for water pollution center staff and program. SB26 - Court investigations concerning children. SB47 - Letting state health officer shut down farm labor camp in certain cases. SB130 - Appointment of juvenile department director. SB140 - Repayment of ex penses for persons displaced by highways. SB162 - Adoption proceed ings. SB214 - Change of official title. SB259 - Strengthening anti pollution law. LETTER FROM TITO Washington OTPI) President Kennedy has received a per sonal letter from Yugoslavia's President Tito. Yugoslav Am bassador Veljo Misunovic, who delivered the message Thursday, said it dealt with questions of U.S - Yugoslav re lations. He gave no other details. Can't live on a budget? anu mu, c u a rule to "pay yourself first"; thai is, include a specified amount of sav ings, no nutter how small, among your regular expenses. It Takes Planning.Not Depriving. Tohelp you start, the authors oiler a guide, involv ing simple arithmetic, that shows how to "calendaric" expenses systematically, re gardless of your income range. However, this plan is not a "tighten your belt" sys tem, but includes such items as entertain ment, gifts, vacations, as well as necessities. It is not Ihe authors' intention to lead you into a rigid system. Instead, their book let helps you double-check where your money has been going and plan better for the future. Their experience and sdvke should prove most valuable to your family. Helpful Adlce Yeors Free. Ask any MONDAY. APRIL By Oregon House SB261 -New plumbing code provisions. SB312 - Banks and trust companies. SB356 - Keeping and up dating railroad full crew law. SB415 - Exempting from taxation money paid for loss es lo Japanese-Americans for relocation. GOLDWATER PICKED Portland -lUPD- Sen. Barry Goldwater (R-Arii.) was en dorsed Saturday as the 1984 Republican presidential can didate by the party affairs committee of the Oregon Young Republican College league. Make a Date with us for April 27 or 28 Turn Off Highway 97 Between Weed and Mecdoel, Travel 13 Miles East fe the Ghost Town of TENNANT Magnificent Ponderow Pin Strewn Streets Turn of the Century Puce and Quiet FISH, HUNT or RllAX Two or three bedroom yotr-round resort cottages for long or short term lease. ADVISI IV APRIL IS YOU AM COMING AND Wl Will FEED YOU. Call or Writ to Tenmnt Agoncy, Inc. P. O. Box IS, Bray, California Phono, Tennant Toll Station No. S 22. IMS A 1 Bobby Kennedy as Vice President Seen Washington -WIU Sen. Mar garet Chase Smith (R-Maine) said Sunday she thought President Kennedy would rather have his brother Rob ert as his running mate in 1984 instead of Vice Presi dent Lyndon B. Johnson. Mrs. Smith said that she believed the President would dump Johnson "if he was fully confident of winning" without him, and run Robert to build him up for 1968. However, she said, "I don't think that Jack Kennedy is strong enough to dump him as yet. I think he needs Lyn don Johnson to carry the South." New York Life Agent for your free copy of this helpful booklet, or send the coupon today. 7Vie New York Life Agent in Your Community is a (jooit Man lo Know. Start your financial planning with NEW YORK LIFE INSURANCE COMPANY 1005 Ed,i Main Sired Medford, Oregon I ould like free copy of'How lo Meke ihe Mom of Your Funily's Income"