WEDNESDAY, JAN. 14, 1948
HERALD AND NEWS, KLAMATH FALLS, OREGON
PACE THREI
Truman Blends Optimism
And Caution In Economic
Report; Demands Controls
WASHINGTON, Juii. 14 ll
I'rralilrnl Truman ilrilsrrd today
thai American prosperity la rlillni
"wave of Inflation" toward the peril
of "serious" hiialnras slump.
Keying his seemid annual rru
numln reporl lu a renewed plea fur
leilaliillve power lu rope Willi soar
lll( irlrrl, the rlllrf rieeullvn told
the rrpiililli'uii-t'uiilrollrd riMisrrssl
"The Altirrli-nn people are keenly
aware Hint liirlulliin la llin domi
nant prulilnn In nur uffulra."
Mr. Truman uard urgent wonla
III druimidliif onoe Hitiln the full
len-plcre kit uf anil-Inflation lnola
whlrli the lawmakers rrfuard him
durlns" Inal fall's sperlal session. I If
asserted that almidlir prlre, wale
mid ratltmliic aiilhiirtty iirci "need
ed', nrnlrd liailly, n d needed
promptly."
Ill iidilltlitu to c-onurcnMonnl nc
tlou, the president rallrd upon busi
ness lo cut prlcea wherever possible,
"forrKuInu nulik mid dniigeroua
exress prufll In favor nf long-run
stabllllv." '
And lip urged labor to b "moder
ate" In It third round wage de
mands. Nnr did lie yield any ground on
lAXpn.
No Tat Cut
lln Insisted llml llio t7JMtO.0O0.0O0
treasury surplus now In night for
nest Jiiiip :io iniuil hp used to lowpr
Hip nallunul drill, not cut lax rates
as Ihn rriiljlciiiis hip ilrtprmlnrd
to do.
And Mr. Trillium repealed his pro
positi for H 140 H wrnon "cost of liv
ing" Income lax cut to be mudo up
by higher tnses on cnnxiratlons.
After reciting record - breaking
guns during IIM7 In nrnrly every
plla.e nf ernnmiilr activity, the rhlef
executive forecast "nnothpr ypiir of
aplrndld nrhlpvpuiPiit "
Hut he Kxik nliirm ns well as pride
In thn advance.
"I'nlraa we as nullun ahnw an
ability to linptiap restraints upon
oiirsrlvrs and la iitlllie the machin
ery of our representative govern
nirnt to drvlap well-ronaltlerrd regu
latory meaaurei, we aland In great
danger that runaway prlret. over
Krmlrit rrpdll and unbalanced de.
velaiimenla will Irsct In an economic
rereaalon.
"We raiiuol be sine thai such a
recession would not be aevere mid
rerovpry alow and painful."
More Income for consumer will
lie nreded. Mr. Truman Mid, to keep
production up when exports fall off.
when credit shrinks, and whpn sv.
Inea are reduced, and "more ron
umer Income mint lie arrnmpanlrd
by belter Inrome distribution."
lie roiiunued:
"Wlihln ten yeara, maximum em
ployment will mean fW.oooooo Jobs
or more."
Thua blending optimism and cau
tion, the prealdent gave this review
f the 1017 economic record:
Inrome (tain
Consumer Inrome reached a new
high rale of IIIM a eraon a year,
fmpared with $!07t In early IMS.
kit the buying power of the con
sume! a Income dollar dropped near
ly right per ceiil. Having were
aiiuillcr anil conauiiipi s "drew In
creasingly on credit."
Consumer credit which Mr, Tru
man wunta brought buck under war
time controls alao reached a new
lienk l3,:ioo.000.000 by year's end.
Corporate profile before taaea
roae to l.'N.OOO.OOO.OOO, or one-third
hlghrr than In HUM; proflta after
laaea wrre 117.000,000,000 aa com
pared with IU.500,000.000.
Itualneaa Inveatinent rrarberi a
rrrord level of 125,000.000.000, but
"aomo part" of the Inrreaao lay In
higher prices of building and equip
ment Hollaing unit completed were
neurly double the 1040 number "but
high coala raised the quratlon
whether thla rate could be contin
ued." Kxporla hit all annuo! rate of 120..
ooo.ooo.ooo, then derllned. The fu
tore balance of trade will depend
much "on the aire of government
aid and private credits extended."
The groaa national prodllrt, whlrb
meaaurea all gooda and aervlrea pro
duced In current dollar valuei.
reached a 1237. 000.000,000 a year
rale In the laat half of 1047, com
pared with i:04,000,000.000 In IBM,
Erosion Damage
Cuts Wheat Acreage
rollTLANU, Jan. 14 (Tj-I'ros-pecut
for a record IM4B winter wheal
crop In Oregon have been leMcncd
by rain eroalou dainuge In the Co
lumbia basin counties during the
past aeveral weeka.
Evan uheen, dlairlct fleldman for
Uie U. 8. production and marketing
admlnlatrullon, auld heavy waAliiug
of winter crop ItcldA. particularly lu
Morrow, milium and Bhcruuin
counllra, would reduce the winter
crop eatlmiltrd earlier at K.IWOOO
bunhrU.
Clhcen auld 260.000 rc in the
Columbia baalu area of the atale
auffered "moderate lo aevere" dam
age. At lrt half of the atate'a total
1 ,000.000 acrea of wheat land waa
bel'eved damaged to some degree by
eroalnn during atornu that followed
a period of heavier than average
rainfall.
Classified Ads Bring Results
"A Wist
Suggestion"
PERTUSSIN
FOR
8MC0VM
l!
iancs-n BIV rni nil
Thousands of Doctors prescribed
rnruiuiM" for yeara. It acts
okcs to relieve such coughing.
to Save
of course, in a
first National
Mlstitl tIMIAt ttt
High School
and
Cammeni
By
MARY LOU
CASE
Tlie lOlli annual Lions football
biimiuct will be held tonight lit the
Wlllanl hotel at 7 p. in. The bitu
qurt la given lu l.ouor uf the KUII8
footbull leiim, the Henley HIKh
tenin, and their coaches. AWi sie
clal giicsls will be the KIJ yell
stjuiid. Jack illshop will act as
emcee. Hpeakcrs will Include Joe
Peak, Wesley McNcc, president nf
the Lion's club: Mrs. John IJouley,
giving the mother's viewpoint; John
Hrhiibert, giving a father's view
point; Max Marvin. Hrnlpy High
coach, Ed Ityan, KU coach, and Jim
Aiken, Oregon University foolball
coach.
In a mhc!u1 Hcllcuna bioudi-ast.
the awurds lo the most Inspira
tional player of the year, and mont
outstanding linesman, chosen by
their teammates, will be relayed
oer station KFJI from 11:30 lo 8:45
Don Paillette will officiate at tlie
mike.
To manage the affairs of Die
I-alln club for the remainder of this
year, and the first half of next, la
Hlb Hooker, elected at a meeting
Tuesday. To asslat are Barton
Adams, vice president; Hetty Uen
net, sccretury-treasurcr. and Helen
Jackson. Krulcr rcixirter. These of
ficers will be Installed at a ban
quet. January 'i'i. Retiring officers
are Hoy I-arsoii, president; Bob
Hooker, vice president, and Helen
Jackson, secretaiy-treosurer
Next week's exam schedule has
been definitely decided upon. Con
ducted as they were last spring, the
first period exam will be held Tues
day uftcrnoou, for un hour and a
half to two hours. The second
period exam will be held Wednesday
morning and so on, with the laat
exam scheduled for Friday morn-
my
Here's one of the greatest Iron tonics you cm buy to
OUO10 OP QG9 GtOOO
t,6&?aOOaGtJ6TC3
11 1 . ciudi r AiurMi
II JUU liaVV 9lltll S-S- r-l , fc.
You girls and women who suffer
so from simple anemia that you're
pale. weak. "driulKcd out' this
may be due to lack of blood-iron.
Bo do trv Lydta E. Pinkhom'i
TABLETS.
Pinkhom'i Tublets are one of
the enslpst and best home waya
to help build up red blood to get
more strength and energy In
such cnf.es. They are a pleasant
stomachic Ionic, tool
Plnkhnm's Tnblets also relieve
Dolniul distress, nervous, weak,
Lydia E. Pinkham's TA CISTS
part of f very pay check
sayings account at
Bank of Portland
fOf It INIVsANCI f 6 f 6 A 1 1
lug. No achool will be held on Friday
alter 10 o'clock.
Practicing every day fur the laat
two weeka iiave been the Pep Pep
pers. Their effort are directed
toward a hulftlme drill tor the Med
ford Kluiniitli gume thla rrlday
night. Considering ail the work that
goea Into presenting a drill, it
should be well worth the watching.
Wheat Holdings
Show Decrease
POKTLAND, Jun. 14 0I'( Karm
holdings of wheut on January 1 in
Washington, Oregon kjkI Idaho were
about two-thirds of holdings year
ago, the U. H. department of agricul
ture reported today.
N. I, Nlelson of the bureau of
agriculture economics, said hold
ings In Oregon were about half of
year ago and only 45 per cent
of the 10-year average.
Combined farm holdings for the
three states on January 1 and
yeur ago were: wheat, 18,330.000
und 28407,000 bushels; oats, 10JI83,
000 and 12,100,000 bushels; hay,
3310.000 and 4.305.000 toiui.
Oregon wheat holdings January 1
were 2.504,000 bushels.
Roosevelt Takes
I Himself Seriously
! LOH ANOELES.Jan. KMVIm
i doing all 1 can to produce more
I democrats," dcclured James Roose
velt, California democratic commit
tee chairman, earnestly pleading
last night for party support.
It drew a big laugh from the
audience. Roosevelt's fifth child
daughter named Anna Eleanor for
his mother was born last Saturday.
IB)
a
r-i
irrltoble feelings of "certain dayi"
of the month when due to fe
male functional periodic disturb
ances, just see 11 you, too, aou 1
remarkably benefit I
the
0 M
1 .J-s-. X
m wa-
1 a s .sa-T . r
New Store To
Open Saturday
TULELAKE, Jan. 14 W. D.
Welch and R. E. Welch, formerly of
Klamath Palls, will open tin Welch
Purnlture company In the new Pat
Murphy building near the Bank of
America Saturday. II. E. Welch was
employed by the Balln Furniture
company In Klamath Folia for 15
years.
An electrical appliance depart
ment will be added at later dale,
the business handling only house
hold furniture at the present tlm.
In a second room In the building
which stands on the site of the
Farmer's club destroyed by fire sev
eral months ago, the Tuleloke Olasa
company will open within two
weeks.
C. H. Lawrence and L. K. Weath
erford, formerly owners of the Ven
tura Olass company. Ventura,
Calif., will do all types of glass cut
ting, mirror resllverlng and Installa
tion of plate glass windows.
,i:oitpi:'s
( iiliinrl Shop
BUILT-INS SCREENS
STORE FIXTURES
164 F- Main Phone 7261
k k A r. A
A
I r 1 lf-
I f I IK
Smart Modern Design
Table Silvertone
. 54-95 c u 49.95
Blond Mahogany Finish e,i
5.00 Down, 5.00 per month
When you get Sflvertone you get qwofity and perform
once far above the thrifty prices. Here again k top-flight
value a strikingly handsome modem radio that g'rvei
sweet, mellow tones from its 5V4-in. dynomic speaker.
Ghost dial visible only when operortng.
vi hf I - 'iSr MjLJ j
Low Priced Silvertone
Radio-Phonograph
Reg.
A Sears
9.00 Down, 8.00 per month
Again'Si1vsrfone"ond Sears bring you good quality '
priced way downl Big handsome combination radio and
phonograph with 4 tubes, 2 of which are dual purpose
for 6 tub performance. 6-in. dynamic speaker gives
rich tones. Automatic arm, single record player. See thisl
BUY ANYTHING
Police Doubt Bird
Tale Of Murder
CHICAGO, Jan. 14 ll' Police
Chief Carl Ekman of suburban
Evanston and Cook county state's
attorney officials said last night
that two Benton Harbor, Mich.
negro men appeared to have had no
connection with the slaying on Oc
tober 22, 1842, of Mrs. Lillian Oalvln,
45, and her maid, Edna Slbllskl, 30.
The two men. Lovell Boyklns, 37,
and William N. Hockett, 23, his neph
ew, had been named by Jake Bird,
convicted axe slayer who Is await
ing execution Friday In the Wash
ington state prison at Walla Walla.
Ekman sulci "their (Boyklns and
Hockett) alibis look good, but we
want to check them further." Bird
had Implicated a third negro, Wil
liam famlth. In the slsylnns of the
women. Smith la serving a prison
sentence In Michigan.
3
SAVE ON
MEN'S WEAR
CLEARANCE
SALE
AT
DOX'S
Wlnema Hotel Bldg.
12S Main St, Phone 632
99.95
Saving
89.95
Easy Terms
TOTALING $10 OR
!
Leaves For Home Earl Weimar,
superintendent of Weyerhaeuser
Timber company mill, was dis
missed from Hillside hospital Tues
day to return to his home. Weimar
underwent major surgery two weeks
ago.
For Kent
TRUCKS PICKUPS CARS
U-Drivc - Move Yourself
Local or Long Distance, Save H
STILES' BEACON SERVICE
Phone 8304 1201 Kast Main
ENJOY DINNER
One mile north of Tulelake
MENU
CockUll
Choice of Shrimp, Crab, Fruit or Tomato Juice
RELISH HOl'P
ENTREE
FRIED CHICKEN
TOP BIRLOIN STEAK
TENDERLOIN STEAK
NEW YORK CTJT STEAK
DESSERT
Sherbet or Ice Cream
Combination
m
1:1 r
1 '
Radio and Phonograph
Automatic Changer
11.00 Down, (.00 per month
A superb radio ... an amazing phonograph, together
in a beautiful mahogany veneer cabinet. Finest quality
set to give a world of listening pleasure. Radio's 9-inch
oval dynamic speaker provides outstanding fidelity.
Changer handles 10 and 12-Inch records, intermixed, j
Table Model Radio
Reg. 36.95 29.95
See was for value! Silvertone radio
in rich walnut veneer cabinet.
5 -in. dynamic speaker gives un
snvol depth end clarity.
3.00 Down, 5.0O per month
Table Model Radio
Reg 39.95 32.95
Triple-tuned station selector,
1-posltlon tone control. Built
in loop antenna. Aulomatie
volume control.
1.10 Down, 5.00 per month
MORE ON SEARS EASY
mil iffpij
From Chlloquln Mrs. W.
Owens of Chlloquln la In HllUld
hospital lor medical care.
Your policy la filled la your
needa If yon get It from Han Nor
land. 123 No. 6th HI,
HOTELS
OSBORN HOLLAND
EUGENE. ORE. MEDFORD
Thoroughly Modem
Mr. sua 1. I. larUy
J Rarlaf
Fraprlslsrs
AT...
SALAD
CHEF
EARL GIBSON
Under New Management
Your Host
JACK LUCAS
Silvertone
109.95
Easy Term!
Silvertone Gadabout'
Reg. 24.95 19.95
Gold color collapsible handle '
. . . lake It from room to
room. Streamlined design,
push bnttons, blue Incite dlaL
Built-in antenna, ivory plas
tic case.
t.Ofl Down, (.00 per month
able Model Radio
tine Saving 17.95
Compact Sitvertone radio In Ivory
plaitk caie Willi cold colored
grille, 3 tubes and 4-K dynomte
speaker give rweet tones.
1.10 Down, 8.00 per month
PAYMENT PLAN!
STORI HOURS: 9 to 1:30
133 So. 8th. Phone 1181
v