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
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t If you are miserable and
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t help by their pain relieving
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: 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
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. economy sue ana
1 save money. Get
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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
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4fr60.79-80
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) JULY 24
AUG 23
M.38.43-491
65-77-81-901
VMIOO
AUS 2'
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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
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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
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60 And 90P.mu'!i
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72431 Si
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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
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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