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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 23, 1963)
o MEDPOID MAIL TIIBUSS. MIDFORD. OREGON FRIDAY. AUGUST 23. 18(3 Theyll Do It Every Tuie. "- - By Jimmy Hatlo B MXISTER BUYS rirtABDiiTC ONE IN HIS KISSER-BUT DOES HE UGWT IT IN THE CIGAR STORE? No-HE WAITS TILL HE GETS OUT INTO THE HOWLING WIND SO HE CAM DO. IT THE HARD WAy Your Money's Worth By SYLVIA PORTER Copyright, Hall Syndicate, Inc. NO DEPRESSION FOR 25 YEARS As of this summer 1963 it is a full quartery-century since the United States has had a depression. Let us not let this silver anniversary go unheralded for our avoid' ance of a major slump for so long a period is an achieve ment which has no parallel in world history. It was in the summer of 1938 that the last severe business down turn in our country ended. Since then we have had five business declines, the most recent one end' ing in February 1961. But none of these five has even ap proached in magnitude the crash of 1938 or the earlier historic depression of 1929-33. What the tens of millions of you who hava becoma adults during tha past quarter-century hava experienced hava bean minor recessions, not depressions. You have grown up in a period of war-born shortages, war-created inflation, minor business setbacks from time to lima, now an extraordinarily prolonged period of price stability. What you hava known is a federal govern ment committed by law to work for maximum em ployment, production, income. What you have been taught to expect from government and private enterprise is postive action to curb even modest downturns at tha first signs of trouble. You do not know what a depression can be like so here is how it was 25 years ago. The 50-month recovery from the worst depression of all time came to an abrupt end in May 1937. The bottom of the economy seemed to drop out almost overnight. (I was a youngster just beginning to dabble in the stock market on borrowed capital, of course, far I had only the tiniest nestegg and I'll never forget the rapidity with which my profits disappeared and I went through the wring er.) The New Deal had created and still was creating anti slump weapons but they weren't strong enough then to off set the sudden convergence of depressing forces. The 1937-38 depression lasted only 13 months and then preparation for World War II and global war itself came along to take up the slack in every area and put us into an entirely new economic era. But in those 13 months, this is what happened: Industrial production Off 31.5 per cent Non-farm employment Off 10 per cent Monthly jobless rate Up 8.2 per cent Personal incomes Off 11.2 per cent Retail sales Off 14.1 per cent Gross national product Off 11.9 per cent In only 13 months, this happened. It was a crash and with the memory of the breadlines and bankruptcies of 1929-33 still vivid, the entire nation trembled. In com parison, in the 1960-61 recession, personal . incomes scarce ly changed, retail sales slipped just a bit, industrial pro duction was off only seven per cent, the nation's total output of goods and services continued to rise. The distinctions between the depressions of the 1930s and the recessions of the post-World Warr II period are immense and the reason is that we have now built in "stabilisers" which automatically come into play when the economy falters. Today, unemployment insurance gives jobless work ers spending money while they are out of work and our vast pension systems public and private give mil lions steady incomes which they spend immediately. Today, bank deposit insurance protects our savings in financial in stitutions and our methods of financing homes drastically limit foreclosures. Today, government spending is a con stant prop under our economy and the broadening of busi ness to include many new industries and services helps make us less sensitive to trouble in one or two big in dustries. Today, wages rise in bad times as well as good and support consumer spending while prices hold in bad times as well as good and support corporation profits. We have not conquered the business cycle but for a full quarter-century we have avoided depression. With the 1961-? upturn getting "old," we are now concentrating on tax reductions to give it new life, thereby emphasizing that we are more determined than ever to maintain our no depression record. Dennis the Menace Airline Mechanics Submit lo Order New York (UPI) The brief nationwide wildcat strike against United Air Lines (UAL) ended early Thursday in compliance with a federal restraining order that at first was ignored. UAL mechanics and ground crews, members of the Inter national Association of Ma chinists (IAM), returned to work at the start of the mid night shift at key airports in the country. The walkout started Wednesday and continued hours after U.S. District Court Judge Bernard Decker issued the restraining order at Chicago. Decker said the order would remain in effect until he hears arguments on a UAL petition for a prelimi nary injunction against the IAM on Aug. 30. The strike, which was trig gered by a contract dispute, caused flight cancellations or delays in several big cities. More than a dozen flights, originating in Cleveland, Seattle, Denver and Port land, Ore., were canceled. Dr. Ward Leaves Sizable Estate London - (UPD - Stephen Ward, the high living society osteopath artist who commit ted suicide during his vice trial last month, left an es tate of 14,620 pounds ($40, 936), it was announced today. Ward, who was convicted of living off the earnings of prostitutes, left no will, but letters of administration of his estate were granted to day to his brother, Raymond Ward. A sizable share of the es tate was believed to have come from sale of some of his portraits, which were placed on sale during the trial. At the time, Ward said he put the portraits up for sale because he was broke and needed money to pay defense costs. There was no indication of the disposition of his estate. But one of Ward's suicide notes directed that a bequest be made to Ronna Ricardo, a prostitute who testified in his defense. Woman Arrested in Train Robbery Case London - 1UPII - Scotland Yard detectives seeking the gang which staged history's greatest train robbery Thurs day charged a woman with re- ceiving stolen money and mo bilized the nation to help in what may be the final stages of their hunt. Mary Kazih Manson, 42. small, dark haired and swarthy, was charged at Lin- slade Court near Aylesbury manhunt headquarters - with receiving $2,338 al though she knew it had been stolen. A 7 Parents Should Register Their Children Early in New School By DAVID NYDICK I Generally, activities might be I How should a child come I curitv. This is imnnrUnt m p,. ... . t . . UPI Education Specialist After the long summer, manv parents are looking for- warn to the resumption of school classes. This, of course, presents quite a change in routines and some prepara tion will be valuable. If you have moved to a new neighborhood, it is advisable to register as early as pos sible in the new school. Last minute registrations often cause unnecessary problems. The opening day of school usually is hectic. There may be disturbing delays for sev eral reasons such as many registrants, getting records straight, moving additional furniture into the classroom, and an office busy with first day emergencies. An early registration is also helpful for other reasons. The school will have an oppor tunity to obtain records from the previous school. More care can be given to proper placement. Confusing factors can be clarified without caus ing a problem for the child. For early registration check the date the school of fice opens and will be ready to accept students. Children sometimes will build up a fear of the first day. Parents may contribute to this attitude by making a big issue of the first day. It is not advisable to emphasize this. Perhaps it is possible to achieve a gradual approach. Summer schedules might be slowly changed to coincide with those of school days. Family Council Editor's Note: Th Family Conn, til consist! ol a luclje, a psychia trist, three clergymen, a newspaper editor, a women's editor, and two writers. Eacn article Is a summary or an actual case history. Tha Council reports on prohlems (hat have heen dealt with hy respon sible agencies and counselors. (Copvrleht 1963 General Features Corp.) Jill F. - I want something I've never had - complete freedom. Mack F. - She should come back to me before it's too late. Jill F. - I can straighten myself out only by getting swav frnm Mack and the chil dren. I see now that I should not have married at all: What I've always craved is free dom. First I was held down by my parents, then by my mother, and now by my hus band and responsibility. I see a Kio- unnrlprflll world outside and I want a chance to ex plore it. I'll agree to any ar rangement Mack wants. Mack F. - This isn't normal talk for a grown woman, but .Till hasn't heen actinsr richt fnr thp nast vpar. She tells me right out that she has an ad mirer whos waiting to take hpr all over the continent as snnn as she's free. I can see where she'd want to get away from her bossy mother, nut why me? What have I done urnns' I've worshiDDeri her. humored her, probably spoil ed her - and I want her to stay. V The Council: The important third party here is not that admirer" waiting in the wings, nor Jill's mother (whose ears should be burn ing), but a professional aide. Instead of referring Mack to a lawyer who'd draw up the best divorce papers, or a doc tor who'd probably try some psychotherapy on Jill, we ad vise him to call the local office of the Family Service Assn. of America. Their cor porate finger can point his way to the right agency, where a marriage counselor will ask the right questions and work patiently, step-by- step even if it takes years, to show Jill what's really eating her and how to eradicate it. In her present confused state she can't possibly make a wise decision. Perhaps all she needs is a brief separa tion, followed by a return to a stronger husband - one she respects. The counselor can strengthen Mack's backbone in standing up to Jill, brook ing none of her "triangle" try-outs, impressing her with his new manly stature. J don't fer. fiCOP. I WN mbstcpa MVtr Highest Trade-Ins SKINNER cJB&. carefully directed towards those faced in school. Why not have the child play on the school grounds? This may help to develop a more secure feeling. He might be able to play with some of his new classmates. Any ac tivities of this nature will re duce his fears of the unknown. prepared on the first day? He should not wear party clothes. Most classes will have ac tivities planned which make normal school clothes prel erable. Don't forget lunch or money to purchase it, if the first day is a full one. Your child will want to take books, etc. These seem to give him a feeling of se curity. This is important so allow it. You should, how ever, limit these to h few basic needs. Don't buy ex pensive equipment. An inex pensive note book and pencil are all that will be needed. Explain this to the child and assure him that you will sup ply his needs as soon as the teacher indicates what they are. Parents should not plan to enter or stay in the class rooms. Teachers are and should be giving all their at tention lo the students. You should send your child to school in the normal way, walking or by bus. If it should be necessary to take him, say goodbye outside the building. This will be to everyone's benefit. The beginning of school can be a pleasant event when good judgment is used in pre paring for the experience. Sanders-All Types far HINT At A to Z Rentals 1211 N. Riverside 77f -1 474 "We rant mast everything" SAT. AUG. 24th & 2 nnru 1 1 a iint- t w ( m m n SUN. AUG. 25th .Aft&K TRAILER SAL IS PROUD TO PRESENT THE ALL NEW ELCAR MOBILE HOMI U- u I "p 1 THE GREAT CLASSIC in MOBILE HOME QUALITY k. " " , t a I I 1 I I - - Among mobile homes, the accepted Great Classic is Elcar . . . home of gifted beauty, graceful decor and superb quality. Whether value or style is upper most in your preferences, the answer to better living at more moderate costs is as close as an Elcar away! 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