4 A
"Everyone In Southern dreaoa .
JUaajeeUjrTlbune''
Published Daily exoertt Saturday by
MEDFORD PRINTING CO
U North Kir St, Ph. tii-l41
ROBERTW RUHU Editor
RIRB GREY AdverUaliuj Muu
GERAIJ) T LATHAM, Bus Mir
ERIC W ALLEN JR. km Editor
KARL H ADAMS. CitV Editor
HARRY CHIPMAN. Telea Editor
B1CHARD JEWETT, Sporta Edltoi
OUVE STARCHER Women'e Ediloa
DALE ERICKSON. Circulation Mr
' An Independent Newspapei
Entered aa second class matter at
Medford. Oregon under Act pi
March 3. 1887
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Medford and Jackson County
History from the flies of The
Mall Trlbuna 10, 20, 30, 40
and SO years ago.
10 YEARS AGO
July IS. 193S (Thursday)
A.anhalt.pnnpratat navine; of
the new Medford Ashland
tour lane highway, whicn Be
gan June 23 at the Ashland
nd, is completed almost to
Talent.
Four Jackson county exten
sion agents returned from
Portland this week after a
training session on television
broadcasting.
t0 YEARS AGO
July 16, 1943 (Thursday)
j Maj. Gen. William G. Live
lay takes command of 91st
division at Camp White,
i Wnm Arthur Perry's "Ye
Bmudge Pot" column: "It is
now warm enough for the fair
v to rinn their summer furs
and the unlucky to catch the
summer) flu.'' . .
30 YEARS' AGO
July 16, 1933 (Saturday)
, Barbers raise price of
shaves to 35 cents with hair
cuts a quarter, f.
Plans drawn tS beautify
Blackwcll hill and establish
B park on lop of Roxy Ann.
40 YEARS AGO
July 16, 1923 (Sunday)
More than 300 people spent
last night at local auto camps.
Labor shortage Is acute in
Table Rock district hay fields,
nd the situation is not help
ed much by the county road
work.
(0 YEARS AGO
July 16. 1913 (Tuesday)
"Taint no use for anyone to
try to steal," says youthful
horse rustler when paroled
by Juvenile Judge TouVcllc.
Elks excursion and picnic
at Colcstine promises to draw
big crowd.
What's Your I.Q.?
Nina ar tan correct to superior)
seven ar eight la aicellenti five or
all la food.
1. The first name of a fam
ous Italian tenor was Enrico;
what was his surname?
2. Name the Spanish queen
who aided Christopher Co
lumbus.
3. Was It General Pershing
Grant, Lee, or Sherman who
said, "War is Hell"?
4. What was the reason for
the "Klondike Rush"?
S. Is the island of Madeira
a Spanish, Portuguese, or Hal
lan possession?
6. Correct the following:
"One of my shipmates were
helping me.
7. In the sung "Sweetheart
of Sigma Chi," what color
hair did the girl have?
8. Is the port of Shanghai
China, in Nationalist, interna
tional or Communist hands?
9. Did the U. S. first obtain
Hawaii or the Philippines as
possession?
10. The largest existing
statue in the world is in the
New York area; name it.
Answtrst 1. Caruso. 2. Isa
balls. 3. Sherman. 4. Discov
ery of gold. S. Portuguese. 6
... was helping ma." 7.
Golden hair. 9. Communist
9. Hawaii. 10. Siauta of Lib-
tty.
Km
TUESDAY. JULY U, 1963
Death and
' "We know a man who worriei about the population
explosion and death on the highways at the aamc
tlme."-Giles French in the) Sherman County Journal.
If this is intended to point up an inconsistency
in thought, we think it fails. In our view, it is
exactly the same type of man who would worry
about both things.
The key is compassion.
A man can be horrified at the slaughter on
the highways, thinking of the 'waste of human
talent and of the cruel emotional shock to friends
and relatives.
The same man can be horrified at the thought
of millions of children the world around existing
on the edge of starvation, with no hope of living
meaningful lives, or obtaining any of the physical
niceties or educational opportunities which we
take so much for granted.
e
rEATH and non-birth
Death is the ending
birth is nothing, a simple absence of life's be
ginning.
The deliberate ending of a human being's life
is murder. Prevention of. a life from beginning
is not.
Death is the loss of a more-or-less known
identity. Birth control, whatever its motivation,
is a decision to avoid an unknown identity.
It is seldom if ever that life is taken with
good motives. But prevention of birth can occur
for reasons ranging from the purely selfish to the
completely altruistic. And others are not harmed
thereby, even when motives are selfish. E.A.
Jackson Campground
We were nrivilerred to narticinate in the dedi
cation of the new Jackson Campground on the
Applegate river Sunday.
auspicious occasion.
The sun was out and shining warmly, but
there was a cool, pleasant breeze. The barbecue
dinner served by the Upper Applegate Grange
was a treat to gourmet and gourmand alike. The
program was both interesting and mercifully
snort. There was a pleasant atmosphere of friend
liness and informality.
And the surroundings the green and placid
river, the trees and shrubs, the blue sky and the
I'll- ll . - A 1. - , 1 , t .,
nuis an are. a pan 01 wnat manes tnis southern
Oregon such a favored place.
THE camp itself combines attractive outdoor
Duiiuuiiuuio vviwi ii.cwi a, ilia biiuugiiiyxui ucver
opment and with historic interest.
The neatly stacked rows of rocks show where
Chinese laborers in the
less-patient miners who went before, carefully
washing each rock to make sure the last speck of
gold dust was obtained.
The sites for picnics,
ing are weu planned and
garbage and sanitary facilities, and the water
supply, are well done.
Future plans call for
outdoor early-day mining museum, and for con
struction of a permanent dam in the river, to
serve the double purpose
ana cnanneling water into the Irrigation ditch
which takes off from there.
THE success in developing the camp is one of
1 Vtf ai'.iVAIiill'nm Anf o 1 nrrrnnn t rv Tt- IaaI, 1nUM
Aiii.v.1 jjutti iiuiciikAi .uvjci akiiuii, it luun a lung
time, but it was clone.
The site is an old minine claim, which was
on land administered by the Bureau of Land
Management. When the land exchange program
oi tne ous was completed, it came under the jur
isdiction of the Forest Service, which early recog
nized the recreational potential of the area.
Jackson county entered the picture by accept
ing the land, obtaining a quit-claim deed to the
mining claim property, and then reconveying it
to the Forest Service for development.
The result is excellent an area which will
long serve the outdoor pleasures of the people
of the area and their visitors. The main problem,
of course, is that it is inadeciuate to the demand
already, and the need
sucn places wnere wnoiesome, outdoor family
type of recreation is available. E.A.
White Canes
Clyde Richardson of
Mate Commission for the
tion of Blindness called
mat, one oi "nis people ' narrowly escaped death
or serious injury recently.
It seems the blind person was crossintr a street
in the crosswalk when a
the white cane from his
iiigiueiicri.
Mr. Richardson called to point out the im
portance of the white
blind or visually handicapped, and to ask that
our readers oe reminded
HAD thought that everyone knows the
Tf meaning of a white cane. But perhaps not.
It is the symbol of blindness or a severe visual
handicap. Only such people are legally entitled
to carry one. And it gives them a legal nght-of
way when in crosswalks in the street.
A new law passed by the 1963 legislature,
which will go into effect in September, will give
white cane bearers the right of way even when
not in crosswalks.
Surely no one would deliberately endanger
the life of a blind person by ignoring the white
cane and the message of warning which it con
veys. E.A.
Non-Birth
are not the same thing.
of a human life. Non-
It was a delightful and
last century followed the
trailers and tent camp
neatlv executed. The
establishment of an
of improving swimming
is great for many more
the local office of the
Blind and the Preven
us the other day to report
car zipped by, knocking
hand. Naturally he was
cane to people who are
of it.
"All Set, Chief Three Publie Relation Agency
Newt Stories Praising Chiang, and an Editorial
Blasting Kennedy for Managing the News"
Communications
Letters to the Editor must bear the name and address of the writer.
aithouah under certain circumstances
for publication Is permissible. The Mail Tribune reserves the right to
adit all letters with a view to clarification and condensation. Letter
submitted for publication must not exceed 400 words. The letters
printed in this column do not necessarily represent tha views of the
paper. In fact the contrary is often
Lobo
To the Editor: Eva Hamil
ton's article, "Mt McLouglhin
Angel Indicates Fishing
Time", based upon an Indian
legend told by John Ross,
which appeared in Sunday is
sue, July 14, Is very well
written and is appreciated.
But, Mrs. Hamilton, who had
a yen for writing about the
coyotes, is not familiar with
their species.
Those animals, sometimes
seen but more often heard,
are true wolves, larger than
coyotes, who range in lower
areas. Wolves colored some
what similar to coyotes have
rounder forehead and white
or light gray tips on their
tails. There brief "bark" is
hardly audible while their
howl is long, loud and high
pitched. They are classified
as western "Lobo' wolves.
They may be seen or heard
from Indian Glade through
out the primitive lakes area
and into Klamath county.
More rarely, the still larger,
gray "Timber'" wolf ranges
throughout the Mt. McLoug-
lln area.
I have seen all these animal
varieties in Mt. McLoughlin
areas, and at lower altitude,
and have also eaten the orig
inal varieties of fish from
those lakes and streams.
Miss Venlta Daley
343 North Crape st,
. Medford
Seks Descendants
To the Editor: I am trying
to locate some descendants of
Samuel Peter Thomas, born
Dec. 4, 1853 In Wisconsin. His
wlf was Lena Wilkinson.
They settled at Leeds, Ore., In
the northern pari oi jaexson
county at an early date, pos
sibly 1875-80.
I am not certain about
whether they had a family.
Of course they are both dead
now and presumably buried at
or near Leeds.
Is there a cemetery at
Leeds? I could not even locate
Leeds until I found it in a
1912 atlas. Are there any early
settlers left around there?
Walter D. Thomas
952 North Hobart rd.
Los Angeles 29, Calif.
No Plans
To the Editor: It is our hope
that our many friends in the
Rogue River valley will not be
discouraged after reading the
attached letter.
David Frisch
P.O. Box 292
White City, Ore.
Dear Mr. Frisch: Our sev
eral letters addressed to you
In the past have outlined some
of the reasons which would
preclude establishing a hospi-
tal at White City. These are
still valid, and we have no
plans for a hospital at this
location.
Joseph H. McNinch, M.D.
Chief Medical Director
Veterans Administration
Washington, D.C,
All Is Vanity
To the Editor: The future Is
all but the passing moment in
which nature disposes of all
things in Its turn. We are
all stuff as dreams are made
of, and very disturbing
dreams at that.
Forty years from now, man
and his ways will change
little, less than in a thousand
years. For example, they will
marry, be given in marnaRc,
breed children, and love again
will find its way with their
children also. Men will still
heap riches for others left
behind them, or to use in
their old age. They will seek
a great place in the world for
themselves, be crafty, use
flattery, and be suspicious of
others. They will wait upon
death of another to befall
their fortunes, wait for year
ly festivals, for business to
the use of a pen name or initial
the case.
take a good turn, wait for
wars and for peace.
Men will always wait on
sickness and desolutions to
pass, only to find they sud
denly have grown old and
life is no longer at all. One
after another, to each in their
turn, to all people and times
and according to one pattern
of the utmost strivings, all re
turn dissolved into dust again.
How often my name and
your name have been spoken
today. Tomorrow will not be
remembered, but lay a heap
of sand blown about by the
restless wind, disturbed by
barking dogs and quarreling
people. What are we under
the dust of our great battles
of life? The final hour is the
greatest surprise of man's life
as one always lives his life
as if there were no end. In
the final hour there's no hu
mor which now claims to be
one of our personal dignities,
not even a memory or reason
for the importance we held on
earth in haughtiness and
pride. All is vanity, like a
ball cast into the sky, some
times rises to great heights,
back to earth, bounces again
into the air until each bounce
weakened by the fall finally
has found its resting place,
the dust of the ground.
E. Dykes
Central Point, Ore.
Camping Fees
To the Editor: The Howard
Prairie concessionaire states
in the Tribune on 7-9-63 that
one dollar a night is charged
at the lake. They forgot or
neglected to say, it's one dol
lar a day also. For instance,
if you go to the lake on Satur
day afternoon and intend to
come home Sunday, you pay
for Saturday night one dollar,
and Sunday one dollar. Where
I come from that's two dollars
a night. Just try to get in
for one dollar.
My boys and t went to the
lake a couple of weeks ago.
We arrived at 3:30 Saturday
afternoon. Same old two
bucks. My wife come up at
7 p.m. Saturday. Still same
old two bucks. So where do
they get the one dollar a
night? While in camp I talked
to several and the same thing
happened to them, so some
of you that this has happened
to let people know about it.
Also Mr. Lcdward states
$6,980 was spent for dock
repairs. I'd like to get the
Job building them at that
price, anyhow the docks that
are there now. Maybe part
of the $6,980 was to pay for
some of the boats that were
sunk that somebody collects
storage on.
Also if the docks had been
built up by the dam where
Ihcy belonged in the first
place maybe they wouldn't
have blown away.
Anyhow, you can't get in
for a dollar a night, not on
the work end. I know if I
don't like it I don't have to
go lo the lake, but I Imagine
my taxes are helping pay for
part of it.
Paul II. Martin,
825 West Second st.,
Medford.
Chickadees
To the Editor: The wind
swept summit of Folger Peak
in the Alpine County Sierras
nourishes a tew gnarled Juni
pers. From where these grow
one sees, looking in any direc
tion, the mountains, as Kip
ling says, "huddled together
like sheep." Here, with the set
ting July sun still painting
the walls of the glacier
ground cirque, cheery chicka
dees chirp.
At the same time of year,
however, other chickadees oc
casionally may be found by
those enjoying sunset picnics
along such places as the Sacra
mento River, a few feet, ln-
MEDFORD MAIL TRIBUNE. MEDFORD. OREGON
World On
Optimism
By PHIL NEWSOM
UPI Foreign News Analyst
Perhaps unfortunately for
the bad taste that could come
later, there is a mounting feel
ing that the
I world is at the
I threshold of
f I profound
V IV I changes. In
t. I Western capi-
I itals the hope
I i"V" . I is that it will
I TCI I be for the bet-
Hl ter. Chief ba-
sis for this
'hope is the
widening split between the
Soviet Union and its Red Chi
nese allies, and the corollary
belief that a split with Red
China would make Nikita
Khrushchev more amenable
toward reaching understand
ing with the West.
Lending support to these
hopes have been a number of
factors:
stead of nearly two miles,
above sea level.
This energetic cousin of
our titmice is one of those
birds whose name, like the
Dewee's and the shrike's.
mimics its call. Such sound-
mimicry is perhaps one of the
first beginnings of language.
It is said the word "river in
the Sanskrit of our forebears,
is "flu," the sound of which,
when pronounced, almost de
scribes the "flow of a stream.
So, too, the word "chickadee"
describes the "chick-a-dee-
dee" call of our feathered
friend.
The social chickadee is one
of the birds almost certain to
be seen by the patient ob
server, motionless in his sleep
ing bag at dawn. At a perma
nent camp they are easily
trained to eat from one's
hand. A nursery of four is a
small family. There are usual
ly 5 to 9 eggs and sometimes
two broods a year. This indi
cates a high chickadee mor
tality. Some sea birds, Dr.
Grinnel says, lay only one egg
yearly to maintain their race.
There is a Himalayan cousin
of the chickadee that is black,
with a crest of brilliant yel
low. Many birds, modestly
colored with us, have gor
geously - gowned clansmen in
Asia.
C. M. Goethe
3731 Tea St.
Sacramento 16, Calif.
Zipl
Tn fho TTHilnr?
Yikes! My mail will never be
tne same,
For the P.O.'s got Into the
numbers game -
(I received my number Just
me otner day)
The horse's mouth' told me
ouite recently.
That if the A.G. communicates
with me,
He'll have to address my enve
lope this way:
George (NMI) Distell,
MSgt., Med. Dept.,
Unasgd., (Ret.),
RA-2,337,338; 542-34-6775A
156 Vashti Way, Precinct
66, ;
Medford, Jackson County,
Ore.,
97501; 303-773-3945; 772
6141; Eves., 772-6164,
Ext. 21.
P.S.-Grrrr!
Youth Inc.
To the Editor- T am cnr-lni.
ing a letter which was sent to
Youth Inc. recently and of
which we are all very proud.
Youth Inc.
7 North Bartlett,
Medford.
Dear Lady. I iusl couldn't
resist a note to thank you for
sending such a fine young
man. We found Rav In ho a
very thoughtful, hard working
young man. we read and hear
so much about young people
these days, most of it bad, that
it is very nice to meet some
one like Ray. I think you are
conducting a very worthwhile
project and I wish you every
success.
Yours Truly
William Badurina
1821 Locust st.
Medford.
Quite a number nr mnis.
chants, home owners and
tanners have shown faith in
our organization hv railmo-
for students who are readv tn
work: just as the srrnnn of
annus wno are nelping direct
iuuiu inc.. nave nan faith in
our young people, and the stu.
ncnis are not letting us down.
ine oincc is at 7 North Ear
lett. The phone number i
773-6154.
Mis. Elizabeth Poston
TVSoilSWer
Declared Insane
Los Anrelrs-ilTB lnn,rj
Heideman, who wrote scripts
for the "Bonanza
and
'Checkmate'' television r
Monday was ruled insane and
louno unaoic to stand trial
for the stabbing death of
his
wile.
llcidman, 37, was to ha
gone on trial Monrlav I
the slaying of Mrs. Dolores
lleiflrman, S, in their Tar
zana home Feb. 22. Hovever
he was ordered committed to
a mental hospital for treat
ment following the report oi
three psychiatrists who exam
ined the writer.
Threshold of Changes, But
Flavored
In Moscow, the Ideologi
cal battle between the two
Communits giants has been
going according to the script
laid down weeks and months
ago by tha warring propagan
da organs of the two nations
and no compromise appears
in sight.
Khrushchev'i own appar
ent belief, as reported to
NATO by Belgian Foreign
Minister Paul Henri Spaak, is
that now is the time to
reach some agreement on at
least a partial nuclear test
ban and that such an agree
ment is possible in the talks
which began this week.
Of lesser Importance but
a straw in the wind, the arriv
al in Moscow this week, at
the Soviets' invitation, of an
Indian team seeking Russian
air-to-air missiles and other
arms and equipment whose
use clearly would be intended
as defense against Red China.
In London, where hopes of
an eventual accord with the
Soviets always have run high
er than in Washington, fancy
has so far outstripped fact as
to lead to speculation that
partial agreement now on a
nuclear test ban naturally
would lead to an East-West
summit.
The factors leading to these
mounting hopes have been re
ported from Western capitals
by correspondents with access
to high sources.
But a note of caution is not
amiss.
Strictly
Personal
By Sydney J. Harris
fe- Field Enterprises, Ine.
INVERSE IMITATION
"Tn Ha the, nnnn.cit
re-
marlr4 a flat-man uit turn
centuries ago, "Is also a form
of imitation.
riawen aum j was remind
ed oi tnis com
ment at a col
lege recently,
when I was
approa c h e d
by an angry
young student
writer with a
sheaf of man-
Hartla , USCrints. H a
asked me to Innlc thrniish anil
evaluate his work.
As .kindlv as rjnssihle T
tried to point out to him that
everything he showed me
was written in the spirit of
contraacition. And contradic
tion, which seems to be inde
Dendericp. in alwaet a foam r
subservience. .
, . . , vr,.
He was puzzled by this
seeming paradox. Yat it is
absolutely true that tha
writer or thinker whose
aim is to be "unlike others"
is really galling his cua
from them: Ha lets popu
larity decide which attitude
ha will lake-and lo ba al
ways against tha popular is
as much an enslavement as
to .ba alwayi with lha pop
ular. ' - Aristotle said that both
lha master and tha slave
are lied to difiarant ends of
tha same chain-and so it is
with tha chronic contradic
tor: Mass taste deierminei
what ha will ba against, and
ha cannot ba original be
cause ha it only reacting lo
other people. What he mis
take for his "independ
ence" is really a great de
pendence on society.
Somewhere in his fine
book of reflections, pub
lished more than 30 years
ago, "Life and tha Stu
dent," Charles Horton Coo
lay observes, "It u tha
mark of a rarely stable
mind that antagonism can
not drive it to extremes."
The angry youna writer.
antagonized by what he con
ceives as li e stupidity or hy
pocrisy or apatny of the social
order around him, is driven
to the extreme of conlradir-i.
ing everything, of disagreeing
with all-whlch makes hi nn.
sition as ridiculous as that of
the most placid conformist
Any philosophy based on i
negative, on being the oddo
site, has given up its essential
ireedom.
Real changes are effected
In society not bv the contra
dictors and opposers, but by
tnose who are able to svnthe
size what is best out nf ths
old and the new. A revolution
that simply turns over the
past is doomed to make the
same terrible mistakes, only
in an upside-down position.
tAnd wnat was uniquely re
markable about the Americar
Revolution was its willingness
to retain the positive aspects
of English common law and
merely modify the traditions
it broke with politically.)
Most of us detine ourselvc
by what we are aeainst-th
banker no less than the beat
nik. And thus we arc
in a
way, the captives of our a
tagontsts. Only great men are
truly free, for thev alone de
fine themselves bv eternal
standards, and not by social
ones.
aaafelS V el
With Much Caution
A warning note came from
chief U. S. negotiator Averell
Harriman who said before
leaving London that a test
ban agreement is "not in the
bag by a long shot."
Khrushchev admittedly has
big problems on his hands.
But he did not reach his
high estate in the Soviet hier
archy by giving away all the
cards in his hand in advance.
In the Red Chinese he faces
a formidable adversary.
One of his strongest weap
ons against them is the threat
that he will reach accord with
the West, a possibility which
he now is encouraging.
On their part, the Chinese
already have labelled the ide
ological talks in Moscow a
failure, but they also say they
can be patient.
Matter of Fact
(c) New York Herald
TAX CUT - AND AFTER
Washington - The old mas
ter of the House Ways and
Means Committee, Rep. Wil
bur Mills of
Arkansas, is
at last ready
c
to begin writ
ing the much
talked about,
but as yet
non - existent,
1963 tax bill.
Ever since the
end of the
AJsnp
hearings o n
the Administration's propos
als for a major tax cut, the
Ways and Means Committee
draftsmen have been hard at
work. The full committee will
now put the bill itself to
gether from the raw material
provided by the technicians;
and above all, the committee
will reach decisions on the
crucial question of the new
income and corporate tax
rates.
What those decisions will
be can be fairly confidently
predicted. After an initial re
verse, the day has been won
by those who wish to remove
the so-called "dividend cred
it" from the income tax sys
tem.. This reform will re
capture $500 million per an
num for the Treasury. Other
bits and pieces of reform will
bring the total recaptured to
$1.3 billion or about $2 bil
lion less than- the President
originally proposed.
THE reduced recapture in
turn almost aiitnmaHrallv
establishes the new tax rates.
Income tax rates will be cut
to give a. high of 70 per cent
lifstead of the existing 95 per
cent, with a . low of 15 per
cent. The corporate tax rate
will be reduced, in parallel, to
47 per cent from the present
level of 52 per cent,
These rate reductions, bal
anced against the recapture
already noted, will provide
a total tax cut on the order
of S9.5 to $10 billion - the
amount the President asked
for in the first instance. The
cut will be made in two an
nual steps, however. Other
things being equal, therefore,
next year's Federal, deficit
will be held to about the pres
ent level, instead of going
much higher as originally ex
pected. Such is the tax package
that can now be rather confi
dently expected to be pre
sented to the House of Repre
sentatives . by the Ways and
Means Committee. The formal
presentation will not occur,
however, until late in August
at the earliest. Rep. Mills and
his committeemen first have
to perform the always-diffi
cult feat of persuading the
House to vote the annual ex
tension of a higher Federal
debt ceiling.
' .
IT IS much too early, there
fore, to attempt any detail
ed prediction of the House re
sponse to the new tax bill
Yet it seems extremely un
likely that the House will re
ject the handiwork ,of Wilbur
women!;
world-unity
WORLD
PEACE
THROUGH
"WORLD.
UNITY
"Maybe we're being Idealistic. After all. leek at
tha Western Alliance, the Communist block, lha
Democratic Party, tha Republican Party, tha Negre
movement, acience. religion In short, peoplel"
Agreement can come now
or a year from now or later.
The Chinese have been care
ful not to stir the enmity of
the Soviet people. All of their
fire has been centered upon
Khrushchev personally and
they are banking on his down
fall. Meanwhile, they also will
be careful to keep their lines
to Moscow open.
As for a test ban, it already
is too late for any such agree
ment to include either Franca
or Red China, and without tha
latter especially, sooner or
later it must become almost
meaningless.
If a change for the better Is
on the way, it still must bo
regarded aa practically invis
ible. -
By Joseph Alsap
Tribune Syndicate
Mills and his colleagues, who
have a way of winning the
other members' acceptance of
whatever they have done.
The Senate is a different
matter. By the time the House
acts on the tax bill, he Senata
is likely to be locked in
filibuster on the new civil
rights bill. But it is now gen
erally accepted (grim ard
dreadful though this may be)
that Congress will remain in
session until close to Christ
mas. And so there will bo
time enough for Senate action
on the tax bill before the in
terminable session terminates.
That will not be the end tit
the story, either; 1963 is ap
parently to be a truly historio
year on the fiscal frnni To
begin with, the testimony by
octiciary oi me Treasury
Douelas Dillnn hoFniB tu.
Congressional Joint Economic?
Committee recently offered
clear hints of a rise in short
term interest rates designed
to improve the TT. R kiiin
of payments position. This
rise would be put into effect
only after the tax cut.
A TAX cut, said Secretary
Dillnn "ninny UA - - t
., ..uuiu uc JlluSh
helPfUl in nffspttin anv
verse effect of such action on
our domestic economy."
It Can be aitthnritatUfAlw
stated that the nresent ntan m
to take the action thus hinted
at, as soon as the tax bill has
passed. The economic stimu
lus of a massive tax cut la
counted on to neutralize tha
normally restrictive influence
of the rise in interest rates.
Interest rate-rise, in turn, is
counted on to save between
$500 million and $700 million
of annual dollar outflows.
In addition, tha AHminic-
tration has already taken
soundings on Capitol Hill,
with favorable results, about
another dollar-safe.euarriintr
scheme of a more unusual na
ture. The idea is to restrict, or
even to put a semi-halt to tha
use of the U. S, capital mar
ket as a source of funds for
long term improvement
abroad.
rpHE City of Copenhagen, the
1 City of Milan, many Can
adian municipalities and puh
1 i c authorities, numerous
other fundseekers of the same
sort, have recently sold bonds
in the U. S. This year's total
outflow of dollars resulting
from foreign bond, sales here
will amount to about $1.5 bil
lion. Hence it is proposed lb
stop this leak, from whigh
the U. S. economy gains noth
ing, by giving the Treasury
authority to levy an excise
tax on foreign bonds sold in
the United States.
The final decision has not
been taken, but the chances
are already very high that
this proposal will be placed
before Congress after tha
House vote on the tax bill.
Economically and fiscally, in
short, the tax bill is only ona
part, though by far the lar
gest part of a more complex
pattern.
ANSWER1,