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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Dec. 16, 1963)
Over-Burdened U.S. Taxpayers Keep Sending Big Spenders To Public Jobs MDFORD MAIL TKlftUNKi MEDFORD, OREGON United Press International The U.S. taxpayer is a mealy type who permits his elected servants in state and federal of fice to spend him toward bank ruptcy at worst and short ra tions at best. Big spenders in federal and state office seems to be miracu lously protected from the pun ishment outraged taxpayers would visit upon them if the taxpayers had the wit to be out raged. The taxpayers are vot ers. 11 is their habit to return to office public servants whose most notable achievements are in the area of spending the tax payers' dollars. Tax Foundation, Inc., 50 Rockefeller Plaza, New York 20, is in with some figures sug gesting what the big spending public officials have been doing to the citizens who vote them into office and keep them there. For example: Inflation Lowers Income Taxes and the rotting of the U.S. dollar's purchasing power by currency inflation have com bined to give the average fam ily man a hard time. Consider your friend, Joe, who was your next door neighbor in 1940, 23 years ago. Joe was a family man. Two kids, a jalopy, a mortgage and a job. His income was $5,000 a year in 1940. Tax Foundation, Inc., calcu- Reynolds Firm Wins Injunction PORTLAND (UPI) - The Reynolds Metals Co. Friday won the latest round in a 17-year battle with Troutdale rancher Paul Martin. Federal Judge William G. East issued an opinion granting the company an injunction to force Martin and his wife Ver la, to take down a sign defam ing the firm. The battle is ovW fluoride waste deposits which allegedly have found their way from Rey nolds' aluminum plant at Trout dale to Martin's nearby ranch. The rancher has won several sizeable damage claims and one is still pending. Martin erected a large bill board along the Columbia Riv er Highway which proclaims his ranch to be contaminated by fluoride poisoning. It is Il lustrated with pictures of dead and dying cattle. East said the sign was de signed to call public attention to a personal controversy, not to a dangerous situation. Ambassador Called Back to Washington WASHINGTON (UPI) - U.S. Ambassador to Cambodia Phil ip D. Sprouse is being called back to Washington "for consul tations." The action was in apparent retaliation for Cambodia's re call of its envoy here, Nong Kimny, who informed the State Department Friday he had been ordered home and "will be leaving Washington in the near future." State Department Press Offi cer Richard I. Phillips, who made the announcement Fri day, said the U.S. action did not constitute a break in rela tions. Other American officials will remain in the embassy in Cambodia. Nong was recalled, according to reports from Phnom Penh, because of Prince Norodom Si hanouk's displeasure over an American demand for "clarifi cation" of a Cambodian radio broadcast which allegedly was derogatory of the late President Kennedy. BIG SPENDER ARRESTED TAMPA, Fla. (UPI) - Ovid Ira Wickham, a big spender who carried his bankroll in his fancy cowboy boots, has been arrest ed for stealing $52,000 from an flderlv California woman, the FBI said Saturday. lates that Joe's take-home pay after taxes and currency infla tion have had their bite would have to be $12,832 a year today to keep Joe and his family even with their 1940 standard of liv ing. That would be a hike of 157 per cent in Joe's annual earnings. The man who earned $3,000 in 1940 would need to earn $7,451 to break even today, 148 per cent up. The $7,500 man would need nearly $20,000 today and the $10,000-a-year man of 1940 would reuiqre $26,888, an up of 169 per cent. These figures are in terms of the dollar's purchasing power. That is, $7451 would buy today no more than $3000 would buy in 1940. This is a measure of the dollar rotting process under way in the United States. Cur rency inflation is much more responsible for this shrinking purchasing power than are taxes. It is a fact that the big spending public servants handle the taxpayers' money as though dollars were going out of style. But these big spenders seem to have little stomach for propos ing increases to pay the bills. On the contrary, it is proposed now that spending be increased and that taxes be reduced. Dollar's Value Decreases The U.S. Bureau of Labor sta tistics regularly computes the purchasing power of the dollar as of now compared with previ ous periods. Assuming that the dollar would buy 100 cents worth of groceries, rent and services in 1957-59, we aouar would buy only 93.4 cents worth of groceries in September of this year. Against a 100 cent dollar on the basis of 1947-49 1 purchasing power, the Septem ber 1963 dollar would purchase only 76.1 cents worth of goods. Using 1939 as the loo cents base period, the September 1963 dollar was worth only 45.2 cents in purchasing power, me U.&. Subsidies Urged For Goldmining Industry WASHINGTON (UPI) - The Senate Interior Committee has called for subsidies to help the dying domestic goldmining in dustry despite Treasury Depart ment protests tnat it migm shake faith in the dollar. The committee, dominated by Western senators, voted unani mously Friday to approve a bill by Sen. Ernest Gruening, D- Alaska, to provide subsidies to compensate for increased costs. The goldmining industry has complained for years that its costs have gone up while the treasury-set price for gold has remained at $35 an ounce since 1934. Treasury officials repeatedly have rejected proposals to sub sidize gold mining on grounds that subsidies might be vicwod abroad as foreshadowing deval uation of the dollar. dollar has been on the skids. That is obvious. This skid in purchasing power has been ac companied over the years by a drunken - sailor - on - Saturday night tendency of the U.S. gov ernment to. live beyond its means. This spending binge has been going on almost without pause for 30 years, gradually squeez ing the dollar's purchasing power toward zero. Two-big dol lar, here we come!!!!! Brucellosis Shot Payments To End SALEM (UPI) -Federal-state payments for brucellosis calfj vaccinations will end in Oregon Dec. 31, the State Agriculture Department said Friday. After that date cattle owners will have to pay for the vacci-j nations. The announcement re versed word released by the de partment earlier this week that ; the program would be con- i tinued. Federal funds totaling $30,000 for the vaccinations have been ; dropped, the department said. The state's share of the pro gram was cancelled after the Oct. 15 tax referendum. . j TURKEY POLITICS ANKARA. Turkey (UPI) -President Cemal Gurscl Satur day asked Caretaker Premier Ismet lnonu, who resigned Dec. 2, to try to form a new coali tion government after attempts by the opposition Justice Party field. N0W-A NEW BUDGET FINANCE PLAN OFFICE IN MEDFORD! LOANS $25 TO $1500 Something new under Medford, Oregon jkiei! Will $1500 pay up ill your installment obligations and give you exrra cash besides? You may apply for a $1500 loan with monthly payments as low as $77.87 spread over 24 months, Frti Budget advice and quick loan service. 237 E. MAIN STREET SM at BARTLETT PHONE: 773-3601 . I. TUCKER, On. LOANS tSTBUSHEO 1937 "J ovr i ooo .eon lohnj to satisfied customers OFFICES FROM TU bUKlt ANU HAWAII lOm lift INSUKCO T IOW COST OFFICIALS CHAT United States officials get together for a chat before attending a luncheon in Paris. They are, from left, Am bassador Thomas Finlettcr, permanent rep resentative to NATO; Defense Secretary Rob ert McNamara; Secretary of State Dean Rusk, and White House military assistant Gen. Maxwell D. Taylor. Rusk told British and French foreign ministers that President Johnson favors a diplomatic "pause" in re newing cold war talks and has no plans for a summit meeting with Soviet Premier Ni kita Khrushchev in 1964. (UPI) fir ikitfi .iS- i J'l r , It- "Via.. I (S r S. " x 11 i- 1 Pi 'vLrAYh v? ..tI 1 -A .3 IKTttJ 86 PROOF JUL m.:tim 86 PROOF $5.65 W QT.-Code 136-B $3.60 PINT-Coda 136-C Taste what extra age can do- taste that flavor through and through! KENTUCKY TAVERN AMERICA'S BES1 PREMIUM BOURBON, PROUDLY PRESENTED BY GLENMORE OIST. 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