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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 21, 1963)
10 A WEDNESDAY. AUGUST 21, 19S3 MEDFORD MAIfc TtlBUNE, MEDFOHD, OREGON Inventor Wants Government To Switch to Plastic Bills Br JOSEPH D. HUTNYAN United Press International Washington (UPD Stanley F. Reed, an inventor, is trying to talk the government into (witching from paper money to a new kind of stiff plastic currency about the size and shape of a graham cracker, . He claims nylon plastic money would be 10 times more durable, could be wash ed, used in a vending machine, and would be just about counterfeit-proof. The 45-year-old Reed heads a research firm here. He said he got the idea while playing roulette in Germany several years ago. "The chips being used were :made of plastic, and seemed so easy to handle," he told UPI in an interview. "The minute somebody threw paper money on the table, it fouled things up." Reed said he became cur rency conscious after the Fed' eral Bureau of Engraving in vited him to make suggestions for automating its paper money production system. In stead of recommending new methods, he eventually sug gested the radical plastic ap proach. Squar Water Reed's money, which he dubbed S-money (for "Stan ley's money"), is in the form of a two-inch square wafer about the thickness of plastic playing cards. It will bend but not fold. Each denomina tion has a different notch on .all four sides to make it more distinctive. Reed maintains the advan tage of S-money results from the fact that it is much stlffer and stronger than paper money. As a result, he says, each bill would be in circula tion as long as 10 years. The average life of well-circulated paper money is about six months. He said this could save the government from $15 million to $20 million annual ly. Stiff plastic bills not only wear better but are more adaptable to automation, the inventor said. As an example, he pointed out that today banks, race tracks and other businesses handling large amounts of bills are required to hire corps of employees to count and sort them every day. He said that S-money could be shoveled into a vat hitched to a computer which, aided by the notches on each bill and electronic scanners, could sort and count the money in no time at all. Reed said the same prin ciple could be used to develop vending machines that would take his money. On the question of counter feiting - the government's big gest money problem - he as serted that his plastic cash is near fool proof. He said it would be harder to produce than printed money because it employs a process that re quires heating the nylon as much as 800 degrees before it melted and poured into a mould. Aehiere Fidelity Reed said the phony money makers also would be taxed to achieve the fidelity of this plastic cast printing process which is supposed to be 10 times that of conventional paper printing. He also said that if plastic money were adopted, the gov ernment could contract for development of a special type of nylon plastic that would be almost impossible to imitate both in appearance and its response to certain chemical processes. The chief complaint against S-money from the experts is that the changeover from pa per money could be a trau matic experience for the econ omy since it would create con fusion and give counterfeiters a chance to run wild. They also point out that if Reed's plastic bill became legal tender, it would imme diately make obsolete cash registers, certain kinds of wallets, and other implements of the U. S. financial society. Reed rejected this argu ment. "We went through money changes before and we sur vived," he said. "Back in 1928, the government switched to a much smaller bill. I think this switch can be made also." 4 7"i TOURS PERIMETER - President Ngo Dinh Diem, with walking cane, of South Viet Nam, pauses during a tour of the perimeter of his summer home in Plciku, South Viet Nam. He is accompanied by members of his government and U. S. military advisor, Col. McCown. (UPI) Your Money's Worth By SYLVIA PORTER Copyright, Hall Syndicate, Inc. The Medical Roundup i by ImtiHUt Coniultint In Mtdlclnt Mayo runic Emeritus profanor of Mtdlclnt Mayo Clinic (Knitter and Ttibuno Syndicate 1111) i m i Speeding Ambulance Unnecessary Recently I mentioned in this column the report of a study that was made to find out how often it is neces sary for an ambulance to go tearing through the city with the sirens scream ing. As I re- member, i'Sijel in something Aivarea " cent of the cases the doctors who made the study decided that the terrible rush was not necessary or indicated. In some cases, because of its speeding, the ambulance .crashed and either killed or : seriously injured the patient 'who has being taken to the I hospital. ' ; Now, I find a release from .-the American Hospital Asso ciation in which Wilson ; Wells, the executive director of the Western New York : Hospital council in Buffalo, reports another study of this ; subject. He says that patients : should be cared for nromntlv. but ambulance speeding serves only to magnify the : chances of another accident, or to aggTuvtiie me injuries of the patient. In Buffalo, there Is an or dinance which requires that the drivers of ambulances Oh,my aching back file reports with the Board of Safety telling whether their flashing red light and siren were used; also, the na ture of the patient's illness or injury. This ordinance serves to cut down markedly on the number of cases in which an ambulance goes screaming across town. Mentally Disturbed I recently looked through the little magazine, "Action," edited by Miss Shirley Burghard. She is doing a good job carrying on a proj ect which was started years ago by William Moore, the man who was shot and killed while walking South on a "protest march." Some years ago I read Bill Moore's interesting book. Mind in Chains" in which he told of the mental puzzle ments which had caused him for a time to be cared for in a mental hospital. His book was one of 65 fascinating autobiographies of mentally disturbed or otherwise ill persons, which I then ab stracted and put together to form my book, "Minds That Came Back." For years Bill and I corresponded until we came to be good friends. What he wanted so much was to be helpful to his fellow man and especially to those who had been mentally disturbed. When he heard of the "Re covery" groups, in which people who have been men tally upset get together once a week to talk things over and to help each other, Bill tried to publish a list of all such organizations in the United States. Even on his small income he managed to get out a mimeographed pa per such as Miss Burghard is now editing. Bill's desire to do something for his fellow man was so great that I think he would have gone on his protest march even if he had known how it would end with his death. Nagging backache, lieadache, . ormuscuar 1 aches and nains mav come on with over-exertion. , emotional upsets or day to di - stress and strain. And folks ', who eat and drink unwisely ; sometimes suffer mild bladder ; irritation . . . with that restless uncomfortable feeling, t If you are miserable and , worn out because of iheM dis - comforts. Doan't Pills often t help by their pain relieving , action, by their soothing : effect to ease bladder irritatioa, and by their mild ; diuretic action through . the kidneys tending to - increase the output of the 15 miles of kidney lubes. So if nagging back- ftcW nukes you feel : dragged-out, miserable , ...with resUcts, steep ; less nights . . . don't ; wait ... try Doan's Pills . ... get tne same nappy : relief millions have enjoyed for over 60 , years. Ask tor large, . economy sue ana 1 save money. Get ; Doan'sPilUtodayl Doans Mahoney Regrets Vote on Tax Bill Portland - (UPD - State Sen. Thomas D. Mahoney (D-Port- land) told Gov. Mark Hatfield Monday he regrets voting for the tax bill passed by the 1963 Legislature. He asked the governor to call a special session of the legislature to repeal the law if the current petition drive to secure a referendum falls. The legislator said he has signed one of the petitions. In a letter to Hatfield. Ma honey said he would ask the lawmakers to pass the bill again at the special session after attaching a clause re ferring it to the people. He said voters should have "a voice In this important mat ter." DON'TS ON BORROWING MONEY Senator Paul Douglas is now touring the grass roots to hold hearings on his Truth in Lending Bill-under which all lenders and sellers on credit would be compelled by law to disclose their credit charges fully to the borrower in terms of (1) total dollars and cents and (2) a simple, true annual percentage rate on the unpaid balance. The Senate subcommittee which the Illinois Democrat heads was in New York City this past week end, will be in Pittsburgh this Friday, Aug. 23, in Louisville Saturday. Douglas is adding more hundreds of pages of testimony to the thousands he already has collected on the wonderland of credit charges in the U. S. today, where as one credit union manager put it, "Percentages multiply and divide at will, finance charges materialize on command and fees are col lected on the way out." The area which Douglas has been tackling with relentless energy in recent years is enormous, directly touches the lives of almost every one of us. We owe over $235 billion in per sonal debts today, pay $15 to $17 billion a year in interest and finance charges. In the $4, 000-17. 500 income bracket, nine out of 10 families use some form of consumer credit, and if service credit is Included, the proportion approaches 100 per cent. Out of every $100 of after-tax income, an American family on average pays $18 to meet instalment and mortgage debts. Borrowing to buy is our way of life in America in this era and the development of consumer credit has played and is playing a crucial role in our nation's economic growth and prosperity. Whether or when Douglas' bill will pass cannot be pre dicted with assurance at this point, for opposition to it con tinues powerful. His current out-of-town probe was approved by the Senate Banking & Currency committee only after what he calls "a terrific battle" and by a vote of eight to seven. To get this approval, he had to agree to spend no more than $4,700 of official funds on these hearings. But you, the borrower, do not have to wait for a Truth in Lending law to become informed on interest and finance charges, to learn how to borrow wisely, to protect yourself against the racketeering fringe. This can be do-it-yourself project, and all you need as tools are a few basic DON'TS. (1) DON'T borrow money from an unlicensed lender. If the lender's license isn't prominently displayed, ask to see it and also ask whether he belongs to a national and state organization of lenders. If the lender doesn't meet these min imum requirements, walk out. (2) DON'T borrow any money until you understand what you're being charged for the privilege of buying on the in stalment plan or for your personal loan. The fact is a small service charge of Yt per cent on a store charge account often works out to a true annual rate of 18 per cent and a 3 per cent per month loan equals 36 per cent a year. The fact is that financing charges on used cars can run to 25 per cent or more a year and "pennies a week" can mount up to 50 per cent or more a year. If you don t understand what the charges are, get advice from a responsible person who does understand. (3) DON'T sign any loan contract unless it contains provision thai you can repay ahead of schedule if you wish to. If the contract doesn't include this clause, insist that it be put in. (4) DON'T accept the tempting offer to "charge it" unless you are sure you will have the money to pay off when the bills come in and you are aware of any service fees lor this charging privilege. Don't buy anything on credit unless you have a sound plan for repayment by deadline. (5) DON T buy on time until you have shopped for the best buy in credit as you have shopped for the best buy in the product you're purchasing. There are many ways to get credit and the differences in cost can be substantial. Study the alternatives, ask questions, shop, compare costs, decide which method is best for you, and then buy. If you will follow these five rules, you 11 not only save money and protect yourself. You'll also on your own virtu- lly eliminate the abuses Douglas is attacking via his Truth in Lending bill. (Distributed 1963, by The Hall Syndicate, Inc.) (All Rights Reserved) Salcm-IUPIi-State curie at tendance was up about 172, 000 r rsons the first half of 1963 as compared to the same period last year, the parks di vision of the state highway f e-10-lS J7l ISL44- STAR GAXERV By CLAY R. POLLAN TAURUS APR. 21 MAY 31 14-71-87-89 UMM MAY 22 JVNC22 1- 6-45-481 70-76 CANCH JUNtl) JULY 23 0 J- WJ-161 4fr60.79-80 c uo ) JULY 24 AUG 23 M.38.43-491 65-77-81-901 VMIOO AUS 2' it'i 2! Your Doily AtlMly Guide According to lha Slari. To develop message for Thursday, read words corresponding to numbcrs. of your Zodiac birth sign. 'iComfult 2 Others 31 4Gut 5 Or 6 Your 7Um 8W.II OShop 10 For 1 1 Portin 12Show 13 Don't U May !5You 16Tt,r l7Surpmt IS Mochirwry 19 Wddng WNtw 21 Social 22 Proiptrout 23 0oy 24 You 25Ltnd 26FhtnrJt 27Horr 28 Invitations 29 Inquire 30 More USKA tPT. 23 i-j-I ocr. 23vy. "Gcxxl 31 Soon 61 Wll 32 Ar 62 J,jnt 33 Cooperott 63 Gr 34 You'll MS-nn 35 Snd 65 Work. 36 Mory 6t 6 g 37 All fr?An,- 38 Al 6 39 Export 6iF-raVs 40GnroulitY ?0 To il Or 71 O 42Air 72Roionlno, 43 Homo 73 Th.nq 44 Equipment 74 Kmo.tr 45 Politncs 75 Duo 46 And 76 Teit 47 Welt 77 For 48 It 76 Pvr 49 Or 70AMdion SOYou'vo 80N-w 51 Put 81 But 52A.ound SIOIIico 53 Do 54 Peiter fi4 Important 55CI 8'jEoily 5AThot PoMoir 57 Got 87orr SSl-idt 8' Air-c I 59Good 89Supr M 60 And 90P.mu'!i (). 6S:l: t- 5- 7-141 72431 Si 1 OCT. 24 ( NOV. 4247-5 5Sr1 1 -63-83-86 '1 SAGITTAtlUS NOV 21 DEC KO-55-59-62 VI P2-78 83 88V- CAPRICORN DEC- 23 JAN. 20 13-25-35-41 ?? 4.67-84 87 AQUARIUS N 21 11.19.91.29 tl2-37-52 v mcti j" t -4. I v-t News About Servicemen PREPARATORY SCHOOL James V. Ackerman, son of Mr. and Mrs. Dale S. Acker man, route 1, box 20, Eagle Point, has been selected to begin training at the Navy Preparatory school, Bain bridge, Md., Sept. 1. Ackerman enlisted in the U. S. Navy in January and attended recruit training at San Diego, Calif., A graduate of Eagle Point High school, he attended Southern Oregon college. The school at Bainbridge is the preparatory school for the U. S. Naval Academy. RECEIVES DISCHARGE James N. dePlp.e, son of Mr. and Mrs. Eric dePlace, 1932 Poplar dr., received his discharge from the United States Navy at Mayport, Fla., this month. He had served aboard the missile destroyer USS Farragut. Returning to the west coast he visited friends in Delaware and relatives in Minot, N. D. He plans to enter Oregon State university at the open ing of the fall term. SWIFT STRIKE EXERCISE Army Pfc. Donald J. Fish er, son of Mr. and Mrs. James E. Fisher, Gold Hill, recently participated in Exercise Swift Strike III, a U. S. exercise in Georgia and North and South Carolina, involving more than 75,000 armed forces personnel. A graduate of Crater High school. Fisher entered the Army in 1D61. He is a gunner in Company A, Second Battle Group of the 101st Airborne Division's 187th Infantry at Fort Campbell, Ky. IN PARADE Marine Lance Cpl. Aundre C. Knutson, son of Mr. and Mrs. Emil S. Knutson, 972 Stewart ave., recently partic ipated in a parade at the Ma rine Barracks, Washington, D. C, for the retiring Chief of Naval Operations Adm. George W. Anderson. As a member of Marine Corps Institute company, he often performs in various military ceremonies in and around the nation's capital. ADVANCED JET FLIGHT Midshipman Second Class Stanley L. Dowson, son of Mrs. Dorothy E. Dowson, 47 South Berkeley Way, a mem ber of the Naval Reserve Of ficers' Training Corps (NRO TC) unit of Stanford univer sity, recently flew one day fa miliarization flights with Ad vanced Jet Training Squad ron 22 at the Naval Auxiliary Air station, Kingsville, Tex. Summer indoctrination cruises and lours are conduct ed to give midshipmen ex perience and training in prep aration for their future roles as Navy officers. ON ACTIVE DUTY Rolf A. Perierson, biolosy teacher at Medford High school, is on two weeks active duty ns a student in the Unit ed States Army Civil Affairs school at Fort Gordon, Ga. Lt. Col. Pederson, 425 South Modoc ave., is a member of the Marine Corps' Volunteer Training unit at Medford. His return to Georgia is somewhat of a homecoming, as he entered the U.S. Navy in Atlanta, Ga., some 22 years ago. U.S. Armed Forces Count 19 Dead in Series of Accidents By United Press International The U. S. armed forces counted at least 19 dead Tues day in a series of accidents in this country and abroad. Six servicemen were missing. The 8th U. S. Army in Ko rea said it had found the bodies of six soldiers killed Aug. 4 in the crash of a light aircraft on a mountainside 85 miles northeast of Seoul. Identification of the victims was withheld. The aircraft carrier Kear sarge reported the loss of four crewmembers in separate crashes of two of its aircraft. The Kearsarge said an exten sive sea and air search had failed to turn up any signs of Lt. Cmdr. Lawrence R. Allen, Coronado, Calif., Lt. J. G. James R. Malancon Jr., Houma, La., and Michael J. Gejrou, Drayton, N. D., whose S2F radar plane was lost at sea southeast of Kyushu Aug. 14. The 7th Fleet carrier said K. L. Adams, Smith Center, Kan., drowned and three men were injured when their heli copter crashed into the sea near the same spot two days later. Three sailors were killed and two others injured Mon day when their car sheared off a steel guard rail which pierced a gasoline tank and McMinnville Chief Of Police Resigns McMinnville - (UPD - Police Chief Roy D. Brixey resigned Tuesday with the statement that his department "appar ently was not operating to the satisfaction of the city council." Brixey's resignation was ef fective Oct. 1. He had been under fire because of prob lems encountered in a labor dispute at Yamhill Plywood Co. here. The firm has been operat ing with non-union labor since it was struck by the In ternational Woodworkers of America in June. The chief drew criticism for allegedly not providing protection for workers crossing the picket lines. City Administrator Joe Dan cer said Brixey's replacement will not come from the city's police force. touched off a fiery explosion. John H. Bowen, Manchest er, Tenn., James M. Jones, Mount Kisco, N. Y., and Rich ard Prior, Nashua, N. H., died in the accident near Bruns wick, Maine. Two B47 jet bombers col lided in the air over Irwin, Iowa, Monday. At least two crewmen, Capt. Peter Maechi, Bellcview, N. J., and Lt. Col. William Thomas of Syracuse, N. Y., died. The S2.5 million aircraft came together high above the clouds on a training flight from Schilling Air Force Base at Salinas, Kan. Wreckage was strewn over an area five miles wide. Three airmen parachuted to safety. One of the co-pilots, Capt. Leonard A. Theis, 29, San Fernando, Calif., was missing. Plane Kills Two A pilotless Stratojet at tempting a landing by remote control crashed into two auto mobiles at Eglin Air Force Base, Fla., Monday, killing two persons and injuring an other. The victims were Robert Glass, Fort Walton Beach, Fla., and Dr. Robert E. Bunde, North Hopkins, Miss. The Air Force said the modified B47 aircraft veered out of control, hit 'the landing strip, and skipped to a road. The Air Force in Washing ton said Lt. Arthur Eugene Bedal, Burbank, Calif., and Capt. John Howard McClean, Mary Ester, Fla., were killed in the crash of a B26 light bomber in hostile action north of Saigon in South Viet Nam Aug. 16. The Navy said an F3B jet struck a parked plane and started a fire aboard the air craft carrier Saratoga in the Mediterranean last Thursday that killed two men and in jured seven others. ASHLEY STOVES Parts & Repair Service BIG Y FEED & Seed 1948 Pac. Hwy. No. 773-3160 T The dead were Donald W. Cors, Indianapolis, Ind., and Jack A. Sherill Jr., Hopeville, Ga. The Navy said damage to the ship was minor. Crushed To Death A sailor fell into the re ceiving tray in a lower storage area aboard the super aircraft carrier Constellation Monday and a ballistics missile auto matically lowered on him and crushed him to death. He was Missile Technician 2C William Negus, th; latest casualty in a series of "jinxes" that have plagued the ship the past three years. The Constel lation is operating in the vicin ity of Okinawa. Only hours earlier, two fliers failed to escape from an F4B Phantom jet that snapped an arresting cable while try ing to land in darkness on the Constellation. They were still missing. Two Navy Skyhawk jet fighters from the aircraft car rier Independence crashed near the Brittany town of Vannes, France, Monday, and a third made a forced landing. All were safe. Birth Watch Resumes At Elephant House Portland - d'PD - The watch has resumed in the materni ty ward of Portland Zoo's ele phant house. Zoo officials say the time is near for Tuy Hoa and Pet. They predicted the same thing months ago but insist they can't be too far off this time. HYDRO-BRUSH QUIK CAR WASH CAR WASH CAR WAXING EASY TO FIND: Righr Be hind Parka D' Alba and 4-H-FFA Center in the Fairgrounds. 1 NEW SUNBEAM CLIPMASTER 8-Pc. Hair Clipper Set Light black plastic clip per 3 Sty I attachments Grey plastic head guard, cord Profession' al barbtr shears, comb Free instruction booklet Co) 50 (2) $i month Medford Shopping Center Phone 773-5348 ACRES OF FREE PARKING Shop Every Monday and Friday Until 9 P.M. Only 4 More Days to Enjoy the ! Britt Gardens I i MUSIC and ARTS I; FESTIVAL Vm JOHN TRUDEAU 3ir Musical Director and i Conductor Saturday August 24 Is The Final Day! Tonight, Thursday, Friday and Saturday will afford your last opportunity to en joy delightful music in the beautiful gardens of the famous old pioneer home of the Britt family at Jacksonville. Be sure to make the most of these few days left. Not only will you thoroughly enjoy this musical treat but your patronage will help to make the Festival an annual affair, enriching the cultural life of all southern Oregonl Published in cooperation with the Britt Gardens Music and Arts Festival Committee by the . . . MEDFORDv&TRIBUNE 3-13 W -34 1 757 -AS -74J department said Tuesday. (5,2 (S?2
