Medford mail tribune., May 15, 1963, Image 10

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WEDNESDAY, MAY IS, 19(3
10 A-
A Plot ... Or Votes y
West Imagines Kremlin Discussion
On Bill To Spank School Children
MEDFORD MAIL TRIBUNE, MEDFORD, OREGON
Bv DICK WEST
Washington - IUPI) - The U.S.
government has a taff of ex
pert whose job It is to study
. developments
In other coun
tries and try
to figure out
what they
mean. I think
it is safe to
assume that
other c o u n
tries have sim
1 1 a r experts
whose duty is
to provide lnterpertations of
events in the United States.
Presumably, as a routine
,.; J"V
m.
Well
matter foreign agents sta
tioned here file reports to the
home office on actions taken
by the Congress.
If such is the case, it
would be interesting to know
how Soviet experts on Amer
ican affairs will interpret
the report they will receive
this week on a House passage
of H. R. 4274
This is a bill to permit
school teachers in the District
of Columbia to paddle their
students.
Just for the heck of it, let
us suppose that the commis
sar in charge of interpreting
events in the United States is
Your Money's
Worth
By SYLVIA PORTER
Copyright, HiH Syndicate, Inc.
WORLDWIDE STOCK REBOUND
With the single exception of France all the stock markets
of the free world have been staging a comeback from the
1962 crash but none of the markets has rebounded as
spectacularly as ours.
Sharp as the decline in the United States stock market
was In mid-1962, it wasn't as severe as the crackup in many
other markets. Measured by the Dow Jones average of indus
trial stocks, our market was down 27. r per ient from its all-
time high by June 1962. Germany s market was down
shattering 47.8 per cent. Italy's was off 36.3 per cent, the
Netherlands' market 34.7 per cent, Austria's 32.4 per cent.
Now the United States market has outpaced ail others on
the upside which says plenty about the strength of our
economy in relationship to the economies of the rest of the
free world. Our stock averages are up 33-34 per cent from the
1962 bottom. Germany's market is up 16 per cent, Italy's is
up a mere 2 per cent. The rise in the Netherlands market
comes to a more Impressive 28 per cent, but in Austria the
rebound has been a modest 7 per cent.
Only the 31 per cent upsurge in the Japanese stock
market approaches ours. Japan stimulated this by lifting, as
of April 1, her restrictions on the withdrawal of capital from
the country by foreign investors and thereby Inviting an
influx of European and U. S. investment funds into Japanese
enterprises.
None of these stock market recoveries has been
fualad by heavy public speculation, for aftar tha 19S2
crashes little Invasion all over tha globe become disen
chanted with stocks and tha public still hasn't returned on
a broad seal to tha U. S. market or to foreign markets.
Dominating tha American stock market during this
entire upturn has been the big Institutional investor, tha
large individual investor, tha professional trader. Their
buying haa bean based on the spurt in earninga of U. S.
. corporations, the easing of the profit squeate in many of
our industries, the rising trend in dividend payments.
' Their investing haa bean spurred by tha brightening of
tha U. S. economic outlook in general and tha boom in
such basic industries as autos in particular.
In contrast, in most other nations of the tree world, the
profit squeeze has been worsening recently. The rate of rise
In costs and wages in Europe is now greater than the rate of
rise here. Competition is as fierce In other marketplaces of the
Western world as It is here.
Despite our market's superior performance, the key point
Is that the recovery in stock prices in 1963 Is global Just as
the break in 1962 was global (with that single exception of
General deGaulIes France). The 26 per cent rebound In
Canada's stock market is especially encouraging because
it indicates that our northern neighbor is conquering her
economic problems faster than was believed possible.
Here is a profile of the worldwide bear market of 1962
and the worldwide comeback of 1963. The computations for
foreign markets were made by Robert A. Gilbert for
"Barron's."
Country High hit Low hit drop rise iron
United States 1161 862 27.1 33-34
Australia 860 662 17.2 11
Austria 262 662 32.4 7
Belgium 462 862 13.5 5
Canada 362 662 20.0 26
France 462 662 15.4 -7
Germany 960 662 47.8 16
Italy 960 962 36.3 ' 2
Japan 761 962 26.6 31
Netherlands 461 662 34.7 28
Switzerland 362 962 29.2 26
United Kingdom 561 662 30.8 23
Our stock market's profile shapes up nicely indeed and
most significant, 1 repeat, is that to date at least, the up
surge has not been powered by public gambling.
a comrade Samovar, and that
hia assistant is comrade Bab-
uska.
If we could penatrate
their office daap inside tha
Kremlin, I fancy wa would
come upon a scene some
thing like thisi
. "Comrade Babuska, there
appears to be something
wrong with this report. It says
the U. S. House of Representa
tives has passed legislation
to permit teachers to paddle
their pupils."
"I have already checked
that with the embassy in
Washington, comrade Samo
var. There is no mistake.
That is the way the message
was transmitted."
"Then it must be some sort
of code. Take it to the code
room and see if they can de
cipher it.
"I have already done so
comrade. It was not coded
The report was meant to be
read as sent."
"Hmmmnnn. What Is your
thinking on it, comrade?
"Perhaps lhara has bean
a big power shift. Tha Presi
dent and the Supreme
Court have ganged up on
Congress and reduced it to
the level of a school
board."
"Good thinking, comrade.
On the other hand, this may
be the beginning of a new 'get
tough' policy. Some of the
congressmen who voted to
paddle students are the same
ones who have been demand
ing action on Cuba."
"That sounds plausible.
However, we must not over
look the possibility that it is a
plot against the President. His
children will soon be of
school age and his enemies
may be seeking to strike at
him through them."
"Yes, comrade, but such a
plan could backfire. If the
President vetoed the bill, chil
dren now in school would be
certain to show their grati
tude by voting tor his kids
when they grow up.
Very well, comrade. De
stroy the report and we will
pretend we didn't receive it.
Khrushchev would never be
lieve it anyhow."
1 TA-TA.' NOW GIVE THAT
HWM6MAILPL6NTVOF1
V KUI-"1LIC NTT
FAVOOTIS HAIItNl
AOAIM TONIGHT'
They'll Do It Every Time By Jimmy Hatlo
rl OH. ISN'T he POSITIVE lv
ft DIVINE? SO THOUdUTFUL-SO
-cirri e f i I iiz-iAj i lie u,,c 4
1$ TO HAVE A DOCTOR LIKE ll
UlIM FOR A UUSSAND-W'Y?
.6-
PATIENTS AMD
NUOSES-EVERV-
BODY ADORES
HIM HERE-ME
rV? I UNDERSTANDS
rSSXVjtl;. &ALS-
1wose M.D.'S ON
THE TV TUBE
HAVE NOTHING
ON DR. BEDSIDE
MANNERS. HE'S
THE IDOL OF
ML HIS
FEMININE
CLIENTELE"
Art Club Formed
At Southern Oregon
Ashland - A student art
club has recently been or
ganized at Southern Oregon
college, John Schroeder,
Rogue River, president,, has
announced. r
Purpose of the new organ!.
zation Is to make field trips
for painting and observation;
obtain better understanding of
art: and travel and view art
exhibits in the Pacific Northwest.
One of the major events of
the year will be a Christmas
art sale with profits going for
art scholarships for outstand
ing art students. There are
about 40 club members.
V
n n-nsr-aa. r i
l"""! ANDAFTER VOUVE
Wen JCDc'CLUC R IX I HATE TO ff" COT THE KIDS OFF T
rnn ir CMC I COMPUINfBOfW-SORK) iTO SCHOOL UE DOWNfri
rlfw4- but-mvthroatfeelslikei rca a while.'
DOES NT LOOK J rVT-lAi I SWALLOWED RED-HOT TTy A
SICK IT ISNT l3SrV: I cjbpet tacks (bork-bobk) MA jfSt
.' OUR FAULT AN0 "L JJ I TOOK MV TEMPERATURE V ' Cg
WHAT DOES THE sMC "If 105 " 1 FEL X 0a7Srk mi& 1
GREAT MEDICO jS&Sk noOKSOMEZMtH6SO0L ft r 1 Jffk
I. SAV' VCHJ I 331! UBORK-WMEEZA-BORK) BUVj J I A-Zo-?3
aaBBBaHH fc B Kim ralana i-JtttU. Inf. 1K3. Vitwii ngntj ieW. H" t
Salem, Ore. -WTO- Oregon
Senate President Ben Musa
in the sixth week of the legis
lative assembly-found out the
Senate sessions were being
piped into the governor's of
fices. The Senate is "bugged"
he said. "It's a breach of
decorum." He said, however,
he knew the House sessions
were transmitted to the gover
nor s office.
Save on CASUALS three days only...
Cat prepared now at savings for a sun-and-fun summer . . . cool, comfortabl
casuals on cork-wedge heels. Choose braided criss-cross strap style . . . crlss
,. cross strap style with two-buckle trim . . othersl Siva now . . . back to regular
price Mondayl
THURSDAY
FRIDAY
SATURDAY
ONLY
i CQft
W. reg. to 8.99 J J J
Try and Stop Me
-By BENNETT CERF-
A MINISTER dropped into a strange barber shop for a
quick shave and had the misfortune to choose a chair
presided over by a barber who was suffering from an acute
hangover. His breath
nearly asphyxiated the
poor minister, and then,
to cap the climax, he
took a huge nick out of
the minister's chin. "You
see," said the minister
reproachfully, "what
comes from drinking in
toxicating liquor?"
"Yep," agreed the barber
cheerfully. "It sure makes
the skin tender."
V. S. Pritchett tells' of a
Jaywalking young lass who
darted through the traffic
of Dublin and halted beside a policeman half-way across. "That's
a terrible risk you took, ma'am," said the policeman. "The traf
fic's desperate this morning, Officer," gasped the lady. "I figured
I'd be safest with you in the middle of the street." "With me.
ma'am," tha officer assured her gravely, "you'll only be middling
sole."
.
A vain young creature in Wilkes-Banc Pa., craved a peart
necklace. Oas dark night a genie appeared before her and said,
"Make one wish. It will come true by morning."
- Trie young- creature murmured ecstatically, "Give me what I
need for my neck." When she awoke aha found next to her
piuow a box containing six cakes of soap.
O 19, by Bennett Cert. Distributed by Kins Features Syndicate
Nevada Nuclear
Tests Cancelled
Washington-IUFD-The Atom
ic Energy Commission has
cancelled three small nuclear
tests planned for later this
month at its Nevada testing
grounds. It gave no reason
for the action.
The AEC made no mention
of a Radio Moscow broadcast
that hinted Russia might re
sume testing if the United
States followed through on
the low-kiloton Nevada blasts.
The cancellation announce
ment Monday followed White
House confirmation that Pres
ident Kennedy had received
a letter recently from Soviet
Premier Nikita Khrushchev
concerning test-ban talks in
Geneva.
The Family Council
Miiwl ! t" ramilr rouncii eca.l.ts ef udiJ a
nhvchulrlil, three Hersyme. three edltori and a women '".J'
Earh arurle la ommary ot a family dltaireement preterites to the
tounrll. The Coun.ll dealt with problemi. major ewd minor,
encountered be gutdanra rountelore and toctal workert. Cdltaa or
Mre. Alma Denvr. iCoprrlgbt or Oeaeral reaturef corp.)
Subscribers
To report Improper or non
delivery of the Mail Tribune In
Medford. phone 772-6141; Aah
land call at 4 16 Bridge at., or
phone . 482-3002; Yreka, phone
Victory 2-2898 before 6:45 p.m.
daily and 10:30 ajn. Sunday.
If regular delivery arrives
ahortly after you call pleaae
notliy office, thus eliminaUng
special meaeenger service.
Baity U. They ought not
deprive their children of the
camp experience.
Carol D. Is staying home
with us for family trips such
a deprivation?
e e e
Baity U. My brother's
childcrn and mine are about
the same age. We live in New
York and they are Jerseyites,
so the best way for the
cousins to really get to know
each other would be to attend
a summer camp together. I
enrolled mine in a fine one
in the Adirondacks and count
ed on Carol and Joe to do the
same. The separation from
home is good for children and
would be painless if all four
were together.
Carol O. I was sent to
camp from the age of 4 on.
I'm convinced that this was
more for my parents' sake
than my own, more to get rid
of me and be free to gallivant
than to give me fresh air and
new friends, as they said.
Our children are 10 and 8
just old enough to get some
thing out of a motor trip
with us. There's time enough
for living away from home.
Being witn us is better than
camp.
The Council: The reasons
cited by these mothers for
sending children to camp to
help cousins get acquainted,
and to get kids out of the
way aren't featured in the
glossy brochures! We thought
the big selling-points were
Learning to Get Along with
Others, Life Without Mother
and Father, Communion with
Nature, and New Skills any
thing else would be fringe
benefit. Plainly Carol isn't
interested in the expensive
fringes Betty dangles before
her. And, since she and her
husband have alternate plans
for their children, Betty's
will have to go it alone . . .
But we'll challenge Carol's
dictum that being with their
parents is "better" for her
"OIL TO BURN"
Mobilheat
S I H Green Stamps
MEDFORD FUEL CO.
771-2111
children than camp. For the
right child at the right time,
the right camp provides a
giant-siie leap to healthy ma
turity. With . about 3.500
camps'to choose from, Carol
can look into the matter by
sending 20c to the American
Camping Association, 342
Madison eve., New Yqrk 17,
N.Y. for "Which Canip For
Your Child?" .
ELECTED PRESIDENT
Portland-OJPU-Cflrroll Shaw
of Hartford, Conn., has been
elected president of the Fire
Marshals Association of North
America.
Fl.tfc-deliclouHJ
KHAUT nECIPES
t Dept. M J
LP. 0. Ba 25M, Portland 3, Ore.
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