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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 3, 1963)
Kennedy's Power Intertie Plan DealtStaggering Blow MEDFOHD MAIL TRIBUNE. MEDFORD, OREGON By A. ROBERT SMITH Mail Tribune Washington CorrponcUn4 Washington - The private electric utility industry has come up with a powerful one- . IWO fUUI.ll this past week I that has all I b u t knocked out the Ken. i nedy adminis' tration's plan I for building a O. federal lone distance POW' er Intertie be- smith iwcen the Fa- cific Northwest and southern California Popular Stifchery 7156 Cross-stitch today's favor ite on garments, linens, ac cessories, in varied colors. Pattern has varied bands, and motifs, in cross-stitch. Pattern 7156: transfer l'i yds. each of 4 bands, 1 to VA inch, 12 motifs 1 to 1; directions. THIRTY - FIVE CENTS (coins) for this pattern add 10 Cents for each pattern for first-class mailing and spe cial handling. Send to Alice Brooks, Medford Mail Trib une, Ncedlccraft Dept., P. O, Box 163, Old Chelsea Sta tion, New York 11, N.Y, Print plainly NAME, AD DRESS, PATTEKN NUM BER. . 1863's Biggest Necdiecraft Show stars smocked aeori- sorics it's our new Needle- craft Catalog! Plus over 200 fresh-to-you designs lo knit, crochet, sew, weave, embroi der, quilt. Plus free pattern. Send 25c now. I The most telling punch was landed in Los Angeles when that city's Department of Wa ter and Power announced that it considered the best deal for its millions of consumers to be that offered by a group of four private power companies headed by Pacific Gas and Electric Co., the West's larg est utility, which is anxious to build a private intertie from the Northwest into its own territory. The city of Los Angeles Is sued a statement of its confi dence that the private intertie proposed by PG&E "will pro vide to us and to our custom ers the greatest value per dol lar of cost and the greatest as surances of continuity of serv ice." The significance of this dec laration hit government and congressional officials here with considerable force, be cause Los Angeles is the big gest potential market for sur plus Northwest power. There has been a working assump tion among private and public power groups that the eco nomic feasibility of any inter tie rested on serving this mushrooming market. Several Years To Build Reportedly, the private util ities made Los Angeles the kind of deal it couldn't turn down, agreeing to start pro viding power soon (long be fore the intertie is actually built) at a rate comparable to what the federal govern ment would charge. Since a federal intertie would take several years to build, this would be a better deal than Your Money's Worth By SYLVIA PORTER . Copyright, Hall Syndicate, Inc. Slim, Easy, New If 9367 I 10-18 Lucky find at Just seconds to vacation this wisp-slim shcHth scalloped to outline your tan. Top is off lightly with the matching bolero. Printed Pattern 9367: Miss es' Sites 10, 12, 14, 18, IB. Sire 16 drebs 2!i yards 3fl inch; bolero 1 ' yard . FIFTY CENTS in coins for this pattern add 15 cents for each pattern for first class mailing and special handling. Send to Marian Martin, Medford Mall Trib une, Pattern Dept., 232 West 18th St., New York II, N.Y. Print plainly NAME, AD. DRESS with SIZE and STYLE NUMBER. FREE OFFER! Coupon In Summer Pattern Catalog for one pattern free anyone voi choos from 300 design Ideas. Send SOc now for Catalog. . , i ... PAYMENTS PROBLEM LIKE A 'LIVER AILMENT' (This is the last in a series of three columns on Balance of Payments Crisis) "You Americans have finally discovered you have a pay ments problem much as a person discovers he has a liver ailment. When you have a liver ailment, you have to follow nmn Mn, of diet. It mieht very well be necessary," said Dirr.pu,,i Srhwpllznr. for the U. S. to follow a diet to nnii-ni its h;ilun'p nf navnicnta ailment. This pointed comment was made publiciy for all the world to hear a few days ago by the new managing director nf tho Infnrnatlnnnl Monetary Fund - the nuge worm or ganization created to maintain the stability of the currencies of ils 85 member nations, including uie u. a. Yes, Mr. Schweitzer, we discovered our grim ailment back in 1HB0 when our foreign creditors came dangerously close lo staging a run on our gold hoard, and in the fan the then Treasury Secretary Anderson and Undersecretary of State Dillon went on a mission to Bonn lo ask the West Germans to lake over some of the cost of keeping U. S. defense troops in Germany. We realize that the stability of the dollar is in peril because year after year, we are spending billions more abroad than we are earning abroad, and as a result our foreign creditors have built up Immense claims against our gold reserves. We know that once war-devastated foreign nations are now booming and have become fierce competitors in our home market as well as else where. We recognise that we cannot Indefinitely carry the burden of defending and developing the free world unless we grow a lot faster than we are now. We are awake. On Monday, July 8, Sen. Paul Douglas (D-Ill.) chairman of the Joint Economic Committee, will open major hearings lo probe again into the problem and remedies. "Soon," says Rep. Wright Patman (D-Tcxas), chairman of the House Banking Committee, his committee also will hold hear ings on this. What will the committees find out? What are we doing to control our "ailment"? Although we already export $4.5 billion more goods a year than we Import, we are pushing a major drive lo ex pand our Imports - by tax incentives and Insurance guar antees to exporters, by educating U. S. firms on the oppor tunities in the export field, by lough bargaining on tariff walls, by world-wide promotion campaigns. The big pbslacle, though, is the pathetic indifference of U. S. firms to selling in foreign markets. Progress has been painfully slow. Wc are trying to close tho great gap between what U. S. tourists spend abroad and what foreign tourists spend here. The record trek of American tourists abroad this year, how ever, suggests we'll retreat before we advance on this front. We are "tieing" 75 lo 80 per cent of our non-military for eign aid lo purchases of U. S. goods and services-meaning these dollars come right back to us. All overseas spending programs are being scrutinized to see where we might cut back. Another slow process. We aro urging foreign countries lo open their own capital markets so foreign borrowing in our market won't draw oi't so many dollars, A long-term project Indeed. We are creating an elaborate technical defense sys tem for the dollar. The defenses are working, are keeping speculators under wraps. We are making a determined effort lo hold down costs and prices here so that we remain competitive in the world markets. Prices and wages abroad are rising at a much faster pace than in the U. S. We aro putting a floor under short-term interest rules lo discourage the outflow of funds seeking higher earnings and trying to stimulate our economy (via tax cuts) to the point where our monclury authorities dare try the classical cure for a balance of payments problem - high enough interest rates to keep domestic funds at home and lo attract foreign funds here as well. We have made an unequivocal pledge, through President Kennedy, not to devalue the dollar, and so far our creditors believe him. We arc acting. But as, the payments report in mid-August will dramatize, our ailment goes deep. Controlling it will take unrelenting concentration and a tougher "diet" than we are on now. , s iSFI plastic Non-greasy, non-oily contains I JJ BOTTLE no mineral oil to broil and bake l;-s-4v f f your akin. Gives you a aujwr-Zast, 1 VfslS tater-safe tan! XJ I liMiHImw.in.i'HiinatMiKaM.imin CiWeil eBM tlvj Los Angeles could get from the federal government. The second blow to the ad ministration was a resounding 23 to 9 vote in the House In terior committee in favor of a proposal strongly pressed by the utilities requiring the Interior Department to re frain from building any inter tie outside the Pacific North west unless it gets a special bill through Congress to au thorize such a project. The implication of the proposal was to make it impossible for Bonneville Power Administra tion and the Bureau of Recla mation to execute their plans for a federal line linking the two regions without this com mittee's consent - and since the prevailing mood of that committee evidently favors private utility-built inlcrties, it would compel BPA to ac cept the private utility offers to build the line. tins action came on an amendment sponsored by Rep. Jack Westland (R-Wash.). Re portedly the utility industry got the coal industry and the United Mine Workers to join in lining up votes for the Westland amendment, which was attached to the pending bill designed lo give the Northwest first priority on use of its own power. Politics Involved There is more California polities than Northwest poli tics involved in these devel opments. California's local public power agencies, such as the cities of Sacramento, Pasadena, Redding, Santa Cla ra, Palo Alto, want a federal intertie rather than one con trolled by the private utilities in order to be certain of get ting a share of surplus North west power at a modest rate. Gov. Edmund (Pat) Brown wants a federal line running all the way to Los Angeles; and California's Sens. Clair Engle and Thomas Kuchel, plus a number of northern congressmen, want a federal line at least into northern Cal ifornia where local public agencies could have access to it. The Northwest's chief in terests in the whole question of an interlie with California are not seriously jeopardized by these developments. The chief objective is to secure markets for surplus Columbia river power, to sell that ener gy in order to diminish or wipe out recent Bonneville deficits and thereby avoid the necessity of Bonneville in creasing its prevailing power rates for all Northwest cus tomers. A private intertie to Los Angeles can serve that objective aboul as well as a federal interlie, and certainly with greater dispatch. Minimum Wage Policy in Effect Portland -' (UPD - ivliniuium wage standards for Oregois hospitals and homes caring for convalescents, the aged, and children have been increased. The increase, adopted recent ly by the Wage and Hour Commission, went into effect Monday. The minimum for experi enced workers in hospitals and nursing homes will advance from 65 cents lo 90 cents an hour. Homes for the aged and child care agencies will have a wage floor of 85 cents an hour. Workers with less than 200 hours experience will be paid a minimum of 70 cents an hour in hospitals and nursing homes, and 65 cents in homes for the aged and children. There will be an increase to 75 cents for the second 200 hours of work experience in hospitals, nursing homes and aged and child care homes. Duncan To Be One Of Dunes Visitors Washington-JUPD - Six mem bers of the Senate Public Lands Subcommittee will visit ..!. Oregon Dunes area Satur day, according for the com mittee. Rep. Robert Duncan (D Ore.) also is scheduled to go with the group. Committee members mak ing the trip are expected to be Sens. Alan Bible (D-Nev.), the subcommittee chairman; Frank E. Moss (D-Utah), Quen tin N. Burdick (D- N. D.), Er nest Gruening (D-Alaska), Len Jordan (R-Idaho) and Milward Simpson (R-Wyo.). The group will arrive in Portland aboard an Air Force plane Thursday evening and fly to the Coos Bay area on the next day for an all-day inspection of the proposed Oregon Dunes National Seashore. Fisher Components SOUND SHOP 1116 N. Riverside Ph. 772-4101 ? Fit EE i ICIOIIS KRAUT RECIPES Dept. M P.O. Bon 2589, Portland 3, Ore. Cascade Market Will Be Closed JJIUILY 4ttM Nvw U IW'U.laMlt II it Watch for Advertisement in Mail Tribune of July 4th for This Week't List of Food Buys PEN THURSDAY, JULY 4th 11 A.M. to 7 P.M.-UNBELIEVABLE BARGAINS FROM HIGH PRICES JULY 4th ON 1963 HOTPOINT APPLIANCES These factory-authorized prices good only July 4th. Regular prices go into effect again Friday, July 5. ' " ' ACT NOW-ANO SAVE fHrtTLobit WASHER AH porcelain iniide and outprovide life time protection against rust. Wash water selection hot or warm, Water laving partial load control. Triple rinsing tor whiter, brighter clothes. July 4th Price 1 I Bill 132 I I I.. I !4- 1 REFRIGERATOR 50-lb. capacity full width freezer plus 15-lb. chiller tray. Natural cold power keeps food fresher, more flavorful. Convenient butter bin. Magna-Seal door gasket all 4 sides of door. Dial set defrosting. July 4th JJ Price 117 fhrfioin RANGE Famous Cafrod Heating Unit Enormous Oven Capacity Large Storage Drawer Lift Off Oven Door for Easier Cleaning Appliance Outlet for Small Appliances July41h SI Price in I luLpoird: DISHWASHER No Installation Coin July 4th $ Price DRYER Speed ftow drying for faster, cooler, safer drying. No waiting for the sun to shine. Dry clothes at your conven ience, day or night, rain or shine. July 4th SO Q Price I SPECIAL FINANCING... No Money Down . . . First Payment in August NO HIDDEN COSTS Prices Include Delivery, Service, Warranty and Demonstration SAVE ON xrtfLoiiiir AIR CONDITIONER Hotpoint extra value air conditioner will . keep you cool, fresh, comfortable, healthy, happy and full of am bition during these hot summer months. 1 1 fe'spv!Si!pjlpaa "TV ---ill $209 fcp FREEZER Save with thit compact 361-lb. capacity freeior. Buy when the time is right, and ml when the time ii right. Prepare for unex pected gueitt or busy day fam ily meals selected from your own Hotpoint freeser. July 4th i 7Q Price 1 1 OPEN JULY 4th 11 am to 7 pm 214 West Main - Phone 779-1894 "We Service What We Sell"
