AC! FOUR
HERALD AND NEWS, IOAMATH FALLS, ORECOM
SATURDAY. NOV. 24, !?4
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but that Um retire put him out anyway.
-I was ao darned mad. I apent a half hour after
that fame looking (or the reieree. I really wa
fotnc to uck nun." Drager aald. The conversation
waa broken Into at that point by third man la
the kitchen.
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WarWwId. Bible Beading text for iedayt A Psalm
Of David, Paalm 103.
These Days
Worldwide Bible Beading tat lor gandayi Klng
don Bleating: the Regatherlng of Israel. Iaaiah JS:
The wild emeu and the eolitary place ahall be
glad for them; and the deaert ahall rejoice, and
blossom a the roe.
It ahall bloaaom abundantly, and rejoice even with
Joy and tinging: the glory of Lebanon ahall be given
unto It, the excellency of Carmel and Sharon, they
ahall eea the glory of the Lord, and the excellency
of our Ood.
Strengthen ye the weak hands, and confirm the
feeble knee.
' Say to them that are of a fearful heart. B
strong, fear noU behold, your Ood will come with
vengeance, even Ood with a recompense; He will
come and aave you.
Then the eyea of the blind ahall be opened, and
the ear of the deaf ahall be unstopped.
Then ahall the lama man leap aa an hart, and
the tongue of the dumb atng: for in tha wilder
neat ahall waters break out., and streams la the
deaert. ...
-And the parched ground shall become a pool,
and the thirsty land springs of water: In the habita
tion of dragons, where each lay, ahall be grata
with reeds and rushes.
And an highway ahall be there, and a wsy, and
It ahall be called The wsy of holiness; the unclean
ahall not pass over it; but it ahall be for those:
the wayfaring men. though fools, shall not err
therein.
' No lion shall be there, nor any ravenous beast
shall go up thereon. It shsll not be found there;
but the redeemed shall walk there: .
And the ransomed of the Lord shall return, and
some to Zion with songs and everlasting Joy upon
their heads: they shall obtain Joy and gladness, snd
aorrow and sighing shall flea sway.
hi
! ADDISON
!
To the Footballers!
By DEB ADDISON
AT the end of the football season that was
ended finally by defeat far each of the two
tins Klamath county teams let's not forget to
congratulate the boys because of
our disappointment that they
didn't to all the way to the sute
championships. Defeat comes to
all teams sooner or later, with
the exception of an occasional
Notre Dams that complete a
season with unblemished record
in Its league.
Giving a good account of Itself,
m tough competition, is what
counts for any team. The Maun
Mustangs snd the Klamath Peli
cans certainly did this by going
through Into the state champion
ship playoffs. We're proud of
them.
THE mention here the other day of Austin
Colbert, now of Spokane, and a look forward
to the basketball season, calls to mind a story
well pees along.
Quite some years ago, when there still wss the
enter jump In basketball after each score, and
when a good player could pot three out of four
two-handed shots from the center of the floor.
Incidentally. Colbert played guard on a Eugene
high team which won the state championship and
went on to tha national play-off in Chicago. Tour
scribe was sort of a tall-end man on that squad. ,
Colbert wasn't much of a ball bound, but be
was big and tough enough that be later was named
all-American tackle by the N. T. Sun when playing
for Oregon. The rest of us were ecrswny; Colbert
did the heavy work. He was the man who went for
the ball on all tip-off plays. Salem had a mean,
ornery, tough character name of Bob Drager (now
In business in Salem; snd he's a darned nice guy
now) who handled the heavy work for Salem.
Quit a rivalry developed between Colbert snd
Drager, and in each of the two meetings of the
teams, each man finally was kicked out on fouls.
A couple of years sgo when Drager was In Klam
ath Falls on a holiday visit, we got to reminiscing,
as you will, in somebody's kitchen. Drager was
complaining, good naturedly, that he shouldn't hsve
By GEORUE E. SOKOUKV
WANT to publish a letter written by Rev. Albert
W. Kauirman. Congregational church. Vernon.
Mich, to the megaalne, "Soviet Russia Today."
It Is sn interesting letter because every clergyman,
every professor in a university, every high school
teacher, every editor it a leader of men. Each hat
a professional following, small or large: each Influ
ences the opinions of other Americans. Some art
accepted by their following! without question.
This Is the Reverend Kauffmaut letter:
"I want to congratulate you ( Soviet Russia To
day) upon the excellent magaalne you are giving
us. At the same time, I want to assure you that
there are thousands of leaders in American religious
and educational fields who share your viewpoints
and who are fighting against the capitalistic ideology
that is prompting war against Russia.
"If only we can live through the present Truman
administration and until the fervor of the radical
and foolish patriotic organisations cools off, I am
sure there will be no war with Russia. It helps
me greatly to understand and to be patient with the
patriotic editors' snd legionnaires when I recall
similar seal out groups at the close of World War L
The greatest promoter of war with Russia Is
the Vatican and the hireling priests that swarm over
the United States in an effort to put the Roman
church in power here.
"I am delighted wit the sane leadership you are
giving us and feel confident that the extreme posi
tions being taken by the wttch-huntera will dis
credit them eventually."
FIRST of all. is "the capitalize ideology "pro
moting war against Russia"? American capital
ism, during the war, gave Soviet Russia 111.000.
000.000; Russian communism gave the United 8tates
nothing. Now an American clergyman can assume
thst "capitalistic Ideology" Is stimulating war with
Russia, after all the concessions and appeasements
thst were made on our side at Tehran and Yalta
and none on their side is impossible to understand.
Secondly, at Yalta, the United States msde it pos
sible for Soviet Russia to seise and hold a large
number of European countries and China and half
of Korea. Our assumption at Potsdam was that
these peoples would be permitted to hold free elec
tions to determine their own forms of government.
Soviet Russia broke practically every clause of the
Potsdam agreement. We violated none. Each time
Soviet Russia violated a Potsdam clause. It accused
the United States of warmongering.
Thirdly, at the United Nations, under the Baruch
plan, this country, to maintain the peace, was will
ing to neutralise Its then most effective weapon,
the atom bomb, by internationalising it under terms
equal to all and unfair only to the United States.
Russia rejected our proposals and submitted such
as would give her strength and weaken us. The
offers msde under the Baruch plan are still open.
They involve Inspection, control and punishment by
the United Nations.
In every country where Soviet Russia exerts sny
Influence, she has conducted a campaign of vilifi
cation, humiliation, and hate against the United
State. This campaign has been waged even within
the United States by Soviet Russia, both native
and alien. Also, when Soviet Russia was our ally in
war, she maintained an espionage corps right into
the most sensitive agencies of our government. We
hsve been driven to loyalty tests, offensive to our
concepts, by her infiltrations.
THE Reverend Kauffman speaks of "foolish patri
otic organisations." How can patriotism or a
patriotic organisation be foolish? It is foolish to
love one's own country? Is it not foolish to despise
one's own country? Is it foolish to be a "patriotic
editor"? Is it not foolish to be a subversive editor
who denounces, defsmes, abuses his own country?
There is something very twisted In the Reverend
Kauffman's thinking, for his country is in peril
In a polar war, should one be fought, his state of
Michigan Is likely to be attacked first. It would,
because of its geography and industry, be the prime
target. Can he take that danger as lightly as he
does?
g
APPARENTLY there are some Americans who
fail to understand what has occurred in Poland.
Czechoslovakia, Hungary, China. They fall to grasp
the overwhelming imperialism of Soviet Russia.
SIDE GLANCES
Farming and You
' 21,000,000 Idle Acres Pose
Big Question for Uncle Sam
By OVID A. MARTIN
Farm Kr porter
WASHINOTON, Nov. 25 0P
' What Is to be done with upwards
' et 11.000,000 acres of Idle farm land
' In 1050?
This question Is worrying govern
ment farm officials and the owners
of the land. This acreage represents
the amount of land which the agri
culture department has talked or
will ask farmers to take out of the
production of cash crops.
The answer affects not only farm
Jrs but city workers, consumers
and taxpayers generally.
Not Needed
Thj department says crop produc
tion on this lsnd about seven per
. cent of the total acreage harvested
i In recent years Is no longer need
, ed. During and since the war this
land produced to meet shortage
; needs abroad, but overseas markets
, are falling off as production recov
ers in war-affected areas.
Crops for which smaller 1980 acre
ages sra planned Include wheat,
' corn, rice, cotton and potatoes.
Under its crop control and price
support program the government
haa the means to get smaller acre
1 ages of these crops.
vn the case of crops beside cotton.
' price supports can be denied those
who do not make their proportion
ate cut In plantings.
' Loop Hole
- But what Is to keep the com farm-
, er, for example, from planting oats,
rye, bsrley, soybeans or other crops
on the lsnd taken from corn?
Or, what's to keep the cotton
farmer from planting similar crops,
including corn, on land diverted
from cotton?
, Little if anything, officials say.
, In other words, it would be pot
, slble to take land out of corn to
prevent aurplut in that crop, on
ly to see It used to produce a sur-
Slua of other crops. Thus little would
i gained In the government's bat
' tie against farm surpluses.
Whatever Is done with these ex
tra acres will Influence city folks.
If 20.000.000 or more seres are tak
en out of production fewer people
wouK be needed to operate farms.
Thst could mean Increased migra
tion of farm folks to the city to
compete for Jobs there.
Income Cut
Also It could mean further reduc
tion in farm income with accomp
anying reduction in rural demand
for city goods and services. Or, If
the land Is diverted to production of
surpluses in other crops, the taxpay
er must carry the burden of govern
ment price supports.
The government would like to
hsve this extra land put into grass
and pasture for greater livestock
production. But it takes time to get
Income from lsnd chsnged from
cash crops to livestock, and many
farmers are unable to wait.
TELLING
THE EDITOR !
Lessen ertaUS am nH MS k '
Uiaa see war, te !
wrllUa Uriel? ONI SIOS at the
ana Ban a airas kr u
earract NAttg AND annexes at the !
wrlwr. Caatrlaatlaas falUvtaa tka !
ralsa ar wanlr wiliaans. '
KLAMATH FALLS. Ore. (To the
Editor) At a recent meeting of the
Town Hall which was held In New
York City, the problem wss dis
cussed of whst is to be our attitude
for security In this day of the
atomic bomb. Several public leaders
spoke, among them a United Ststes
congressmen and others well In
formed on the science of the atom.
They were men to whom many of
us look for guidance. All but one
SPOke In the aocuatnmeil mnn
of comparing our strength with that
nuaaia, using me argument that
of course we are stronger and
smarter and In the atomic race we
can build up a stock of atomic
bombs faster than the Russians can
and therein lies our hope for secur
ity Only one speaker dared to men
tion the destiny of man but he was
easily snowed under. Apparently It
isn't very popular to suggest that
a divine power could offer us pro
tection and security.
This is the point are we not
overlooking the example of ancient
empires who depended so much on
their own military might that they
forgot entirely that the destinies of
peoples and nations are determined
surely by a Ood who Is far above all
of us snd thst If we do not balance
our military might with spiritual
development and a sense of Justice,
we could actually, in spite of all of
our military preparedness, be sent
into captivity In Biberia as the
Judesisns were sent into captivity
In Babylonia about 800 years before
Christ when they failed to heed
the warnings of the prophets Isaiah
and Jeremiah.
There is as much social injustice
in this dsy as there wss 600 years
before Christ. Social Injustice will
result In a weakened nation Just
as surely as It did In Prance in 1840
when their army and the Maglnot
line were useless. On the other
hand, the Finnish nation, when
they faced the Russians in 1939,
hsd Just proved their high esteem
for national integrity and self re
spect (social Justice) by insisting
that they pay their debts to us even
though they could hsve skipped
them. The difference In the right
eousness and self respect of the
Finns compared to that of the
French was reflected In the way
they fought off their aggressors, no
doubt with the help of Ood. So it
will be with us if we do give prior
attention to social Justice.
It is not social Justice when It Is
possible for small pressure groups to
secure legislation which Is detrl-
earn rr . arawa an. t am hmm
"The idea, giving me a parking ticket! Why, I still could
have you arrested for breaking my window with you
baseball when you were little boy!"
Boyle's Column
A 'Salaam to the Salmon'
Or 'What's New in Skiing'
By HAL BOYLE
NEW YORK ( This Is the sea
son when the American outdoor
sport world gives It salaam to the
slalom.
So 'what's new in skiing?
"They are playing around now
with glass skis." ssid Fred Plcsrd.
who operates the sky shot at the
Sun Valley resort.
"Glass skis msy be the coming
thing. They've
alresdy tried
aluminum in a
search for some
thing to replace
hickory. Oood
nlckca-y skis to
dsy cost M0. to
60 T n u s too
high. The Indus
try is looking tor
a material that
will enable it to
mass produce
skis selling st U
a pair."
BOYLE P-xsti. who
first learned his umpsrungs and
schusses skiing to kindergarten in
Switzerland, la an authority on the
fast-growing winter sport,
"I sm one of the tew people who
spend 12 months a year st It and
make a living out of It," he said.
Plcsrd, now 42, came here origi
nally in 193 to set up the Swiss
handicrafts exhibit at the New York
World'a Fair. He switched to the
ski business when he ssw how rap
Idly Amerlcsn Interest in the sport
wss increasing.
Twelve years ago there were
only about 100.000 skiers in this
country, he said. "Now there are
at least 2.000.000. And that doesnti
M
count the kids who ski In the back
yards."
All-Around
Besides selling fancy equipment
to movie stsrs st Sun Valley. Plc
srd acts as ski consultant to a num
ber of department stores, designs
wall paper for ski lodges, snd has
set up a mall order business for
skiers. He outfitted the US. wom
en's Olympic ski team last year.
And odd fact: More than 5 000 000
pairs of ski pant were sold lsst
year, but only about half of them
ever slid down a snow-covered hill.
"As many go to non-sktrra as ski
ers." ssld Plcsrd. "Mothers buy
them to wear when they wheel ihelr
babies In the park In winter. We
call them the carriage trade."
Tumbler
Many people try skiing once, take
a bad tumble, and give It up.
"That la why you should rent
equipment, rather than buy it, until
you are sure you like the sport."
said Pi card. "We figure, however,
every person who becomes sn en
thusiastic skier converts three
more."
Broken arms, collar bones and
thighs dampen the fondness of many
newcomers. But. Pieard. who has
skied for 31 years with no damsse
except an occasional bruise, feels
the danger of the sport has been
overrated.
Accident Cause
"Accidents happen because of two
things," he ssld. "The beginner ei
ther skies too long It is slwsys
easier to hurt yourself when you are
tired or else he tries feats beyond
his skill. The amateur, for example,
should never think of Jumping. That
la only for professionals or ski Instructors."
Film Fanfare
sAcfor Tells How to Avoid
wood's Famed Pitfalls
Holly
By BOB THOMAS
HOLLYWOOD. Nov. 2 W Burt
Lsncsster tells how he was able to
avoid "going Hollywood."
"T wa luckier than moat." ha ex
plained on The Hawk and the Ar
row" set. "I didn't come to Holly
wood until I was 32 years old.
"You might say I hsd my abnor
mal days before I came here. The
very young people who come here
are Intoxicated with the excitement
and glamor. Hollywood has never
bowled me over.
"The only thing I've gotten out of
Hollywood Is a better living. And
I'm doing the kind of work I like.
"I don't seoarate my career and
marriage. Why should I? That's the
reason a man gets married to
share his work with hi wife. Holly.
Man Confesses
$7.50 Theft
Frank J. Thiefault. 44-year-old
Chippewa Indian ranchhand from
Merrill, pleaded guilty in circuit
court yesterday to a charge of lar
ceny in a dwelling.
Thiefault refused offer of a de
fense lawyer by the court and also
waived Indictment by a grand Jury.
He was accused of taking a wal
let containing 17.60 from the house
of Carmalee Adams.
Circuit Judge David R. Vanden-
berg remanded Thiefault to custody
of Sheriff Jack Franey to await
sentencing December 12.
mental to the good of the majority
In the nation. There is no need to
mention all of the many social in
justices because moat of us are more
or less familiar with them. We Just
dismiss thought of them knowing
thst no system of government Is
perfect. As a matter of fact we
actually endorse them.
Let's keep our powder dry but
remember Mlcah, chapter 8, verse 8.
WERNER O. BUNOE,
P. O. Box 7S1, Malln, Ore.
FOR RENT
try tut ft
Sewing Machine
gfewinf Machine Scrvict
!) ImIiih
US tteWf wer tn
J. L DEAN
Public Accountant
and Auditor
Of flee at
leg Nertb 1th It,
wood is no threat to our marriage.
"My kids sre too young yet to be
affected either way by Hollywood.
No doubt some day the fact that
their father Is a movie star will in
fluence their lives somewhat. I can
Just hope that they will be intelli
gent enough to overcome It"
Do you know whst a "closed set"
Is? Well. It's one of the occupational
hazards of a movie reporter. It hap
pens when the pioducer. director or
star puts a "No Admittance" sign
on the stage door.
Naturally, I'm agin' 'em. But
there are two sides to every Issue
snd here Is the actor's, as presented
by Joseph Cot ten:
"Visitors are OK when you hsve
a large set with seversl people
working In the scene. Then the spec
tators have plenty to look at with
out concentrating on one objective,
or actor.
"But It's tough to be doing an
Intimate shot and have people con
stantly bobbing up and down In your
line of vision. Imagine youself try
ing to type a story with 18 persons
breathing down you neck.
"Love scenes are especially hard
to do on a crowded set. Visitors are
naturally keen to see the hero plsnt
a big kiss on the girl's rosy lips
They crowd in closer for a good
look.
"For example, the other day I
was playing a love scene with Joan
Fontaine In 'September.' We were
playing to a packed house and the
visitors kept moving in closer. When
we came to the climax, I almost
found myself kissing a school teach
er from Milwaukee."
S The World Today
y urnni aAl ee.rZlE
I AP rorelga Affairs Analyst
MACKENZIE
p s e t wasn't
The new part between the West
oerman republic and America.
Britain and France looks like a
mighty stride toward pears and re
habilitation In Western Europe.
This agreement Is a cloae a the
Western powers cuuld come to mak
ing a formal peace treaty ao lung
a Germany la divided between
Eaat and West It mate the Bonn
republic an In
trgral part of
the new econom
ic system which
la being Inaugu
rated In western
Europe: It eaiea
the terms of dis
manlirmrnt of
eaaential Oerman
uuluatrtra. and
in return the re
public promises
to cooperate In
keeping down
Oermany's war
potential.
Naturally the
achieved without heart burnings on
both aides. Unhappy France haa
had to thrust aside some of her
fears that the new Germany may
revert to aggression. Britain and
other countries see reduced trade
revenue for themselves In Orr
many t rehabilitation. And tha Ger
mane are clamoring tor easement
of their terms.
New Morality
Just in passing It may be re-
marked that in this agreement we
have sn example of what some
commentators refer to aa the new
morality of the Western nations.
Having beaten a country to IU
kneea militarily we forthwith set
about to put It on Its fret so
that It may play Ita part In the
rebuilding of a better world. Not
only Germany but Japan ringlead
ers In the awful crime of waging
world war are being rehabilitated,
and at the expense of the conquer
ors. Obviously rehabilitation of Orr
many and Ita Integration In the
We tern European aet-up lan't an
altogether altruistic project on the
part of the Western powers. It Is
a common-sense recognition of the
fact that Oerman welfare la eaaen
tial to the welfare of the rest of
Western Europe. That being so, the
Western Allies have to take the
chance and It may be a long one
that Oermany won't revert to mil
itarism as she did after the first
World- War.
r.ssd 8ena
The British press, which has ev
ery right to be critical of any Oer
man development, in general ap
provea the new agreement. The Lon
don time calls It "a remarkable
proof of good sense and sute man
ship." and accords special praise to
Federal Chancellor Konrad Aden
auer. "If he has done well for his
country. tays the limes, "he hat
also done well for Europe, and he
has emerged as one of lu leading
su teamen."
The Dally .Telegraph, editori
alises: "We msy hope and believe that
both the terms of this agreement
and the spirit displayed by all lu
signatories are the beginnings of a
fresh start for Oermany and a rat
er future for all of us."
Dangers
Of course there are dangers to
be dealt with, t have pointed to
one of the most serious several
times In previous articles This re
volves about the division of the
Reich Into Western and Eastern
Oermany, and the loss of Bileslsn
and Sudeten territories In the wsr.
It's a safe bet that sooner or
later by hook or by crook the di
visions of the Reich will coalesce.
Western Oermany surely will do
everything In iu power to get back
the Eastern portion whjch Russia
now occupies and la communlxlng
as fast as possible. Unless this ques
tion csn be settled between Russia
snd the Western Allies so thst East
ern Oermany can be reunited with
the rest of the country, there will
be grave danger of another war.
Hone Sense
Thst Is one of the major problems
lems for the big four to settle, and
for the Big Four to settle, and it
calls for horse-sense compromising.
If the two paris of Oermany are
kept apart by the Cold War, we
shsll hsve another hot war.
Notion Todoy
Little Man's Thanksgiving
Comfort Disturbed by Story
Fugitive Gets
21 Years
A msn wsnted here by the sher
iffs office on forgery chsrges has
been given a 20-year sentence by
a Tacotna, Wash., court on similar
charges.
According to Sheriff Jack Franey.
William Crawford, aliat William
Bill" McCoy waa picked up in Ta-
coma for passing bad checks and
Is now on his way to the itttt peni
tentiary In Walla Walla..
Crawford had been sought here by
sheriff's deputies after he had past
ed five bogus checks during October.
Crawford's wife who worked In
several local reatauranU for a short
time was alto picked up In Tacoma.
She was later released when no
charges were brought against her.
8PRED SATIN Roper A Roaer
Paint Store. Z0I3 So, 8th.
Ik
ifl
By JAMES MAR LOW
WA8II1NOTON, Nov, 28 (S--The
little man opened hla bell a notch,
pushed away his plate full of bare
tutkey bones, aald "aaaahhh" In a
aailatled way. and sat down by the
radio.
There was good Thanksgiving Day
newt for him. The announcer was
Just telling about a government re
port, from the federal reserve board,
about the money Americana were
making.
The board tald total consumer In
come In thia country It so per cent
higher than hi pre-war Wit,
although just a little lower than
last year.
Contented
Americans not only were making
good money, the board aald. they
were also willing to spend it, and
they were spending it. The little
man was pleased and contented.
Why not?
Things were pretty peaceful and
going pretty smoothly. He remem
bered this lime last year. There
waa pretty tight tension between
this country and Russia. Waa It last
year? Or the year before? Anyway,
that seemed a bit Improved today.
Pearefulneiia waa pretty general.
Well, not quite. The announcer
waa talking about the war In China
where the communists were still
pushing ahead, gobbling ud the
country.
Far Away
But to the little man In the hla
chair by the radio China seemed far
away. And there had been fighting
In China for many years anyway.
It waa easy to let China melt out
of hla mind aa he rolled hla tongue
around, still tasting the gravy and
me wonneriui cranberry sauce.
But the announcer waa saying
France was shutting down for 34
hours. Organised workers were
striking for a day because they
wanted more money.
They wanted a bonus and thev
wanted the government to uke the
frees off wages so thev could meet
rising living coau. A whole nation
was being brought to a standstill.
Iwlnge
The Utile man shut off the radio.
He could brain to feel that slight
uneaalneaa thai crept through hlin
etery once In a while when ha
heard of ttrlfe, conflict, unrest. In
security. His daughter, who had been look
ing through the paiiera, aald, "You
know anything about the arnit
pact?"
"Oh. not much." the little man
aald. "All I know la we're going
In give arms In our friends In
Europe to sbip Hie communists "
"That's what It says here," the
daughter aayi. "It aayt we're going
tj turt giving thrill pretty soon."
"Oh, Id like in tee It." the little
man said, furgetung that he didn't
want to are It but only wanted to
tit still, feeling warm snd fine and
retted.
Cye-Opener
He read Uie story and read too the
story about the war In China. Away
down In that story somehow it
didn't make the headline the little
man read twice, tor the story aald:
"An Indication came from the
ccmmunlsu In Prlping that red
fighting would be Intensified In sur
mundliig nationa aa Ihetr comr.i'i
over China Is broadened and tight-
ened.
"Llu-Shao-chl. one of the three
moat powerful men In the red re
alm (ferlarftrf In m hrn.rfi..l -n
that 'national liberation armies'
must be set up in Asian nations
controlled by western 'imperialist "
That seemed to mean, the little
man thought. If It meant anything,
that Ihs communlsu were frankly
announcing they were going to Uke
over Ails.
Worry
His first thought wss: What can
we do? He didn't know. He didn't
Ilk to think about It. But If the
eommunuu had all Asia, all Russia,
all Essie rn Europe. . , .
He pushed the paper away and
aald brightly to hi daughter: "I
hop next Thanksgiving, I hojie all
our Thanksgivings, are as happy aa
this one."
Excess Money, Loan Policy
Have Business Men Worried
We Are All Interested
In The Weather . , ,
Give Him A
Taylor Max.-Mln. Thermometer
fit eaa !k at this lastrsmtal ang Wll tka
aalalavsm laatsaratar, a wtll aa Ihs atalrflat
mparafar. alaea h last set It. Na balltr
atrasamslar I auSs Ua this Tarlar.
By RADER WINC.f.T
I for Ram Dawtool
NEW YORK. Nov. 28 CSV-Bank-
era and financial men are weighing
the poaslbllmea of a new round of
wage Increases for hiring your
money.
In other words, they are con
cerned over the percentage of re
turn being paid for the use of
money Invetted.
Interest rates run all the way
from leas than t per cent on up.
It depends on the amount of risk
the money runs, the length of the
loan, the ability of the borrower
to pay, and what the money will
be used for.
Money Plentiful
The supply of money at the mo
ment la of little concern. There Is
far more money available for lend
ing now than there are Jobs for It
to do.
The federal government sets the
basic wage rates for money. This
Is done through the federal reserve
system purchase or ssles of gov
ernment bonds. That la called open
market operations. When the re
serve system buys, that creates a
Man Held
In 2-Death
Tavern Fight
DWISTON, Idsho, Nov. 28 i
A 47-year-old construction worker
whoae hat was found In a Uvern
where two men were slain late
Thursday night was held today on
a charge of first degree murder.
Police arrested the man. George
Jensen, in a small hotel yesterday.
He waa formally charged late In the
day arraigned before Justice Ben
E Kelley. waived preliminary hear
ing and bound over to district court.
The complaint accused Jensen of
slaying Charles Lemmoru, 70, of
Lew Is ton.
Death
Both Lemmona and John Hend
lay, 31, of Clarkston, Wash., were
thot and killed when they tried to
disarm a masked gunman who had
entered the Uvern and pointed his
pistol at Mrs. Oladys Keller, the
bartender.
Prosecutor Earle W. Morgan said
Jensen admitted ownership of the
hat discovered In the tavern after
the shooting. The prisoner also told
police that a 3S caliber pistol In a
suitcase at hla hotel room belonged
to him.
The warrant charging Jensen with
murder wss signed by Mrs. Keller,
who telephoned police as the gun
man emptied hit pistol and then
f'.ed In the darkness. Witnesses said
It waa an apparent robbery attempt,
which failed when the two men
Intervened and were faulty
wounded.
demand for govemmenu and the
price goes up. As the price rise,
the amount of return you receive
goea down.
Right now the return on long
term government bonds Is 1 to 3 '4
per cent. Tins week In testimony
before a house-senate economic
subcommittee, reserve system bank
ers gave the Impression there was
a possibility eg a price dip which
would result In a higher return on
govemmenu.
Cetwera
Because changes in the return
on government bonds Influences
sll Interest rate, there are a num
ber of businessmen whs priraulf
express concern. They 'don't wanit
to pay more for the money they
borrow In running their business.
And from quiu a different source
another argument over money haa
blown up.
The New York Stork Eschange
thinks people are getting tired of
putting their money to work at
low wages. The exchange and iu
members are urging Investment In
dividend-paying common stocks. In
general, of course, the higher the
risk the greater the return,
ft tree
The campaign etresaes that there
are 1018 Issue of common stock
luted for trading on the exchange,
and that 8M of these are paying
dividends that average per cent
this year on current prices for the
stocks.
An article In today'a Issue of
"The Exchange." a monthly pub
lication of the stock exchange,
ssys: "At long lsst people have
seemed lately to be tiring of the
very low yields on non-risk securi
ties." The article Is written by L. O.
Hooper, senior analyst for a New
York stork exchange firm. Hooper
poinu out tint 2 per cent I paid
by most saving banks, 2 20 per
cent on long-term government
bonds, 24 per cent on government
savings bonds. J' per cent on high
grade preferred stock, and 4's per
cent on bank shares.
Keystone
At the moment the keystone of
the exchsnge's campaign la the
high wage paid for putting your
iu ui iii ciiiuiiuii awjca.
That Is gone Into at length In anl
exchange pamphlet called "Invest
ment FscU About Common Stocks
snd Cash Dividends." It waa pub
lished three weeks sgo, and so far
requeaU hsve been received for
350.000 of them. Brokers nulled
them to their customers by the
thousands, and the exchange short
ly will turt a newspaper advertis
ing campaign to ttlr up greater
customer response. The full scsle
promotion campaign will cost
8500.000 this yrsr.
The Idea U that people with ex
cess funds, even a comparatively
small amount, should aeek out a
place where the money can be em
ployed at the highest wages at
the same time taking Into consid
eration the risk Involved.
i DO ALL YOUR GIFT SHOPPING AT
I.W.Kerxs
-1 tmrm gf lament
klamalk galls, Oreg.a
Be. Kebey C. Printing
Have You
'Heard Our
Pastor? r
For a real Spiritual
Blening, tuna In
KFLW Sunday 9 A. M.
Plan to attend Church
with ui
at
Assembly
of God '
8th and Oak St.