Marshall Urges (European
Reconsuctfiion Program
imm t nkwi, m-ik .ti., or. TiimaoAT, , tit, Tin T
AMERICAN ECONOMIC ASSISTANCE PROMISED
CAMIIIIIDflK, Mum., June S lTi
Merretary at Mule Marshall railed
upun 1 lie countries of Kuriipn today
tu work out loirllirr a treat new
priisram of reconstruction.
Hk prumUrcl Amrrlnti eraiiimile
assistance mill sumiort "o far as It
may lie uracth'al.
Anil nl the "nine Unit he plrdiiod
Ills Milled Btntrs lu iippiuui "uny
Kiivermiiriit which maneuvers 10
block llin recovery o( iillinr coun
tries," Wlthmit nnmliiK any fiireltm
ciiiinlry or party, Marshall declared
In thn outline of mi address prepared
Ir n meeting of tho Harvard Alum
ni muuii'liitUin:
"Utiverniiiriit. pulltlrnl purtlr or
iruupii whlrh Mirk to perpetuate llll-
nmii misery In order to profit there
from politically or otherwise will en
counter the opposition of the United
Htntes."
Marshall did not specify how much
monry the American government In
tends to iniike available but said
Curupe mint have "nul)lntll edill
llonal help" during the nest three
to four yenri or "face economic, so
clal and pulltlrnl deterioration of s
very (rave character."
The rablnel ofllcer'i call for a
Joint effort by European countrlea to
develop a reconstruction blueprint
represented the ftrnt step of the new
stale depnrtiiient approach to the
problem of world wide rehabilitation.
lie disclosed several weeka alio that
Boyle's Column
War Rich Sink Profits In
Searcli For "Black Gold"
nv iiai. novi.R
OKLAHOMA CITY. June 5 'II
War-wenllhy ainiileura have atarled
a new "wildcat boom" In Oklahoma's
MiU-century-old oil fields.
,Mmv than iiOO well are being
dulled throuuhout tho alute by a
new crop of Inventor alrango to the
oil bnsinraa war contractor!, brew
era, wine dralera, professional Rain
blrn and movie tarn all drawn by
Uie lure of discovering fresh poola of
"black gold" hldilrn under the Hoon
er state crusted acrri).
"There la more drilling now than
at any other period and more
money la bring wenl." (aid Claude
Harrow, oil editor 01 me uany uaia
15 Fathers In
Diaper Derby
fifteen nervotui father will com
pete In the Disabled American Vet
erana' "Diaper Derby al 8 p. m.
Thursday, In the Pelican theatre.
The event la part of Uie DAV Kid
dle Karnlval, which will have Ha
grand finale at Klamnth Union high
school Monday night, when wlnnera
In tlr contest are announced.
K. E. Benner. DAV commander,
will be master of ceremonlea In 0e
"Dlaiier Derby." and a cah award
will be given the father who dlapera
his baby moat speedily.
Contcatanta signed up ad far are
Robert Krdinan, Krrd Krlng. Dick
(tuiidrraon, John Wegncr, I'rnncla
riklimer. William St. John. Hurley
llvall, and C'lnrenre Nrallmmer.
Fnlerlatnmeiit features will be
furnished by some of the ynungstera
In the talent contest. Including Con
nie Faye Hood, violinist. Carol Ann
Mlnton, vocalist and dancer, ami II.
Vaiiighn Blsphuin, acrobat.
0&iE030
PIHCATOIHAL PAYMKNT
ALBANY. N. Y June ft Ti City
Treasurer Prank J. O'Brien received
In the mall a check for IIOO, marked
"money for stolen time."
"Someone must have token the
time oft to go fishing and hla con
science bothered him," O'Brien
anld. "But for $100, he must have
done a lot of flailing."
HONK!
WATKftTOWN, Mass.. June ft tin
It's going to be eoay to call a cop
In this town. Blgnal boxen have
been equipped with horns to sum
mon an officer In dnytlme and with
flashing lighlfor nwht alarms. ;
VARIETY
SHAWNEE, Kna June 8 Vi Re
hgloua beliefs In Rev. Joseph E.
Horns' family vary.
' The Rev. Dnnnld B. Ooens, pastor
of the St. Agnes Catholic church,
told a meeting of the cooperative
club:
Ills frtther, Tho Rev. Joseph E.
Ooens, Is a retired minister In the
Church of Uie Brethren.
Ills oldest brother, Jnmca Ilnrold
"tof St. Louis Is a Christ Inn Scientist.
Another brother, John Ernest, la
a member of the Centrnl Christian
church and a sister, Mrs. Harold
Foley of Berkeley, Cnllf., belongs to
tho Latter Day Saints church.
, THIPI.E ItlltTHDAV
A SALT LAKE CITY, Juno B MV
' Mrs. William L. Aclnms celebrated
her birthday Tuesday by giving
birth lo a son, Jeno William.
On her blrthdny in 1040 she gave
birth to a daughter, June.
Preparo now for the future. Learn
r trndo In tho U. 8. navy.
human here and one of the best
Informed men In the Industry.
"They are mostly people with big
money looking for eoay profits, They
know little or nothing about oil, and
they have had to hire experienced
men al ungodly figures to supervise
the work."
Tills wild orgy of free spending
haa a maud old-time oil operators.
Moat are sitting tight waiting for It
to alow down,
Itlg Hoys Hit Bark
"They expect to be here years
nfler this spree la over," aald Barrow.
"The major companies can afford to
sit back and buy Into anything big
that develops."
Bringing In gusher no longer Is
a shoestring operation. Orltiug a
well Into production may coat any
thing from (Moo to Sl.ooo.ooo and
you ran sfiend the monry and end
up with nothing but a hole In the
ground.
"Wildcatters" are speculators who
drill for oil outside proved areas
where It la known to be. They are
like Broadway producers backing an
expensive stage show with untested
talent.
"In two Oklahoma counties over
a three-vear period the wildcats
brought in ono producing well for
each five dry holes," aald Barrow.
"The wildcat average throughout the
United States la about one out of
seven." Evrn then the producing well
may not turn out enough oil to pay
for the cost of the other venture.
'Die search for Oklahoma'a oil
wealth haa broken many wildcatters,
made mulll-mllllonalrea of others,
761 Discoveries
Since the first oil well was drilled
fifty yrars ago last April. 761 fields
have been discovered. They have
produced almost A.dO0.000,000 barrels
of crude oil and paid about 17.000.
ooo.ooo to producer and royally
owners.
That Is more than ten time the
value of all Uie gold taken from
Alaska and three times the value of
the gold produced by California since
1(48. 1
Of Oklahoma's 44.425.000 acre
some 37.000.000 are considered po
tential oil lands. But only 800.000
to 000.000 acre have been proved
Between IBSI7 and 1043 some 160.816
wells were dug. Only 82,800 were still
producing In 1B43.
Oil Is getting more difficult and
more expensive to find. In the 1934
to 1036 period 280 dry holes were dug
to locate a major pool. By 1038 lo
1040 the dry hole average Increased
to 700.
One oil company has gone down
17.711 feel In Caddo county the
deepest man-made hole In history
and still hasn't hit anything but
rock and water.
"It'll go to 20.000 feet and cost a
million dollars," said one oil man.
The current crop of Individual
wildcatters now; drilling seems to
have Uie capital for an extended
splurge. One relaxes by playing
nickel plnball machine for 81000
stakes.
. "Hut they'll be taken." said a
veteran oil man. "It s a rough gamble."
SAVE 15
on Dreft
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Klamath Falls, Oregon
DENNY'S BACK!
Denny Loo hoi taken over
The Red Rooster
614 Klamath
and will be pleated to lee
old friondt and new.
"You've TRIED THE REST
NOW TRY THE BEST"
Open Dally 8:30 to 10:30 p. m, Saturday 8:30 to I a. m.
The RED ROOSTER
hla policy planning staff Is engaged
In a gigantic survey of world needs.
Marshall said United Htiitrs finan
cial and other help "must not be
on a piecemeal basis a various
crises develop. Any assistance that
this government may render In the
future should provide cure rather
than a mere palliative."
The secretary declared "our policy
Is directed nut against any country
or doctrine, but against hunger,
poverty, desperation and chaos."
Breakdown Keen
He sold, "The modern system of
the division of labor upon which the
exchange of products I based Is In
danger oi nreuKing uown Because: j
Town and city Industrie are not ;
producing enough goods to exchange !
with food-producing farmers, who In
turn withdraw. Uielr field from cul-,
tlvallon and use them fur grazing, j
"Meanwhile, people In the cities,
are short of food and fuel. So the i
?overnment are forced to use their I
orelgn money and credit to pro-
cure these ncccaalllra abroad."
"The truth of the matter," Mar- ,
shall continued, "I that Europe's
requirements, for the next three or
four yeara, of foreign food and other
essential products principally from
America are so much greater than
her present ability to pay that she
must nave suostantiai additional
help, or face economic, social and
political deterioration of a very grave
character.
"The remedy He In breaking the
vicious circle ana restoring the con
fldence of the European people In
the economic future of their own
countries and of Europe a a whole."
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