Herald and news. (Klamath Falls, Or.) 1942-current, July 02, 1952, Page 8, Image 8

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    "PAGE eight
HER ALP AND NEWS, KLAMATH FALLS. OREGON
WKDNKSDAY. JULY 2. 1!).r2
Truman Scores
Control Law
VMHTHnTnW IA Prcmrient !
Truman laid Tuesday the new eco
liomlo controls Jaw "weakens our
ability to hold down prices and
tabUlte our economy."
In atatement, Truman in ef
fect scolded Conaresa for uot
glvlnj him the atronger powers he
asked and lashed particularly at
provisions limiting tne wane sta
blllsatlon Boaid to advisory powers
In the future.
The change as to the wane board,
Truman said, "destroys the exist
ing system without providing any
substitute.
In this respect, he said "the
Congress has opened a dangerous
gap in the mobilisation program."
Truman got out a 1200-word state
ment of his views on the new law.
But at no point did he mention .
provision requesting mm to invoae
tne. naii-Haniey aci in an cuou
to end the steel strike.
The new law contained for 10
months powers to euro wages,
prices, and rents and to allocate
scarce materials.
But some of these powers are
whittled down instead 01 sirenguv
ned a Truman had asked.
He also had requested a two
vai extension of controls Instead
of the 10 months Congress voted.
Truman signed the Dill wonoay
and it is now law as the old con
trols law expired last midnight.
Truman said if he had not signed
the measure, "our powers to con
tlnue the defense production pro
gram and the stabilization pro
gram would nave expirea.
The President declared:
"I asked the Congress to
strengthen our stabilisation ma'
cninery and remove some of the
'built-in' Inflationary features, like
the Capehart amendment. But in
stead the Congress has moved in
the other direction."
As a whole, he said the bill gives
only very limited protection against
inflation. He forecast:
"If the Congress provides suffi
cient funds for proper administra
tion of this weakened act, and if
we have no sudden worsening of the
international crisis, and no panic
buying, we may be fortunate
enough to get through the next ten
months without jwrimut riimtrr to
our economy. But this act, never-
ineiess, lorces us to take a serious
gamble with inflation, and all of
us should recognise that fact."
Truman's statement made no ref
erence to any possible further at
tempts on his part to obtain the
two-year extension and stronger
controls he had sought.
There nave been those who hava
suggested that be call an extra
session of Congress after the na
' tional political conventions to seek
legislation on contrls and other
matters denied him at the regular
cession.
The new law keeps the lid on
prices and wages generally for the
next in monins, untu April so, 1953.
It continues authority for allocat
ing scarce materials for a full
year, until June 30, 1953.
Federal rent controls will last
three months, until Sept. 30, except
in areas certified as critically in
need of defense housing or those
in which local authrities request
their continuance.
Non-critical areas now under rent
control have a total population of
about 3 million and include such
cities as Chicago, Philadelphia and
San Francisco.
Dropped from price control are
processed fruits and vegetables
frozen, canned and so on.
OPS officials complained this
would bite into the housewife's food
budget, much of which they said
went for such items.
Government curbs on consumer
credit the installment plan for
buying things like automobiles and
refrigeratorsOdied with the old act
Monday midnight.
Real estate credit restrictions
were relaxed, but officials an
nounced there would be no im
mediate change in regulation "X",
which sets minimum cash down
payments for borne purchases.
ine federal Reserve Board and
the Housing and Home Finance
Agency, which administer real es
tate controls, issued a joint state
ment. They said the regulation "X"
change lifting it when the annual
rate of housing starts falls below
1,200,000, about 100,000 more than
now may take at least five months
to put into effect. Considerable
procedure must first be followed.
Betting Ban
Petition Filed
SALEM (ffl Completed Initia
tive petitions to ban parimutuel
betting on horse and dog races in
Oregon were filed here Tuesday
by the Oregon Council of Churches.
Filing of the petitions means the
measure will be on the November
general election ballot.
The sponsors said they had 35.7P2
certified signatures, or 9,500 more
than were needed.
The deadline for filing completed
initiatives is Thursday. Only one
other completed initiative has been
filed so far. It was filed Monday,
and would keep the state on stan
dard time.
Morgan To Go
To Convention
PORTLAND Wl Howard Mor
gan of Monmouth, Democratic
state chairman, will be (an alter
nate delegate to the Democratic
national convention.
Terry Schrunk. chairman of the
Oregon de'egation, named Morgan
is his alternate Tuesday. Schrunk
is sheriff of Multnomah County.
The convention is to open July
21 at Chicago.
GUERILLAS ELIMINATED
KUALA LUMPUR, Malaya HI
A Ooternment statement said Tues
day tint 143 Communist led guer
rillas were eliminated in Malaya
last month, including 106 killed, 14
captured and 22 taken prisoner.
BOBCO PAYING INC.
Phone 8789 or
Jayhowk Petroleum
ot 6788
DRIVEWAYS
PAVED or RESURFACED
With Asphalt Black Top
. F.H.A. TERMS
PANCAKE FLOUR 4k
SYRUP Vermont Mid
pkg.
24-oi. bottle
Bisquick
. Large Pkg.
P-Nut Butter " - 39'
CATSUP "
14-ox. bottle
JELLY
Kerr's Ass t.
12-ox. tumbler
OLIVES
Libby's. Small ripe
Toll Tin 7C
Pork & Beans
Von Camp. Tall Tin
2 for
SHRIMP
Danny Boy
5-ox. tin
25
"33-
MANNINGS COFFEE
Mb. Tin 85c
2-lb.Tin SI. 69
Tomato Juke rl,:; 35c
ORANGE JUICE ,Qc
Standby, Valencia 46-oz. tin SX
PINEAPPLE JUICE
46-oz. tin
Success Brand
SWiiTPREM
m : 39- j
If BUTTER
J Brook,ield E7f jOi I
If-gfX l lb" Cort" MB (UK I
I J I ,n Q"rte' ff i
Reg. 49c Pkg,
45' Sliliji
WESSON
OIL
Qt. Bottle
9
GOLD SEAL
Self polishing floor wax OQC Wfk
H Re9- 59e Pint Tin 111
i WAXPAPER 1
US Cut-Rite ' OQC li
H 125 ,00t Q III
j STaVFLOSTARCH I
111 Quart Bottle iP
We're shooting the work for the ho "d , whix.
counter , . . every . qoriou, feast.nq ot
banq values in f.ne food, for .,,, You'll agree
home or ot your favorite picnic nook! Check . kef
,hat our 'VPnT "3 They're the food, to buy for
,hat for quality and teonomv J ' fgf h- ,,
the 4th ot Juiyi ao son.. -
weekend ahead.
. -... TU. iollv new cereal witn
CORN mil magic .ugor coat 4Jq
Large pkg.
CRACKER JACK
GUM " """
TAVERN APPETIZERS
pkg
33c
pkg.
Brookfield American OOf
2-lb. loaf
i CHEESE K""
American
Mb. pkg.
59c
3 Pk9-
MARSHMALLOWS
Campf
PORK HOCKS
Morrell. Bonele.. ZOf
H oi. jar
TUNA FISH
Royal Club Fancy
Solid Pack
Vi tin
33
ire
Mb. pkg.
HORMEL HAMS
Bonoleu skinless $8
COCKTAIL PEANUTS ".T., 33c BORDEH'S BISCUITS , .... 25c
i FRITOS
Golden Chip, of Corn
6V2-01. tin
COTTAGE CHEESE
Borden'.
Pint Carton
29c
A.,..d Fh.. 3c PICKLES
i F.F.V COOKIES
CHOCOLATE PECANS
Hunt'.
24
Hunt'i
37c
24c
12-ox. ior
Dole Pineapple
Fancy Sliced AA.
9-o. tin 2 for C
Dole Pineapple
TIDBITS
9-ei. tin jC
FRUIT COCKTAIL
Hun" 10c
No. 300 tin I Vfe
FRYER
DRAWN CUT UP READY TO FRY!
Swift'. Premium, Oregon tender grown quality. Each
and every one unconditionally guaranteed. Fre.h or
fre.h-frosted. For your Fourth of July dinner, picnic or
fishing trip.
SMOKED BEEF
! Tongues
They're delicious
lb.
FRANKFURTERS
Swift's Premium or Del Monte lb.
Take some along on that fishing trip!
GROUND BEEF
jBING CHERRIES 2- 39c
CANTALOUPES v ""V 10c
WATERMELONS
Guaranteed "f 1
good, lb. CI
HUNT'S PEARS
38c
No. 2'i
tin
PEACHES
Meco Freestone
No. 2Vi tin
35'
RASPBERRIES
2 cups 49c
Ashland
crate J2.79
Fresh Ground
! PICNIC
lb.
SHOULDER HAMS
Swift's Premium b.
Ham Sandwiches are Always Good!
CHEDDAR CHEESE
NECTAR BERRIES 2,. 49c
SEEDLESS GRAPES - 29c
DCCkl DC klC Kentucky Wonder, young
I RADISHES " " 5c
ZUCCHINI SQUASH 2 - 25c
NEW APPLES 2 - 25c
LETTUCE'"'"'"'" 10c
ASPARAGUS
Hillsdale. All green sf f
cut.. No. 2 tin I UC
I
KRE-MEL
Pudding ond
Lemon Pio Filler
Pkg.
CUT BEANS
22c
Diamond A
No. 303 tin
Crater Lake, well aged
lb.
i PEACHES
Price. Effective Wed., Thurs., Frl Sat., Sun
Fine for slicing
2 29c
State Fair
No. 2Vz tin
TOMATOES
19c
Right
Reserved
Limit
Quantifies
mm
mo
I III II I I I II I
Free Parking
Whilo
Shopping at
EMIL'SI
Kounty Kist
No. 303 tin
PEAS
Mission Brand AB"
' No. 303 tin, 2for 7 KC
FREE ESTIMATES GLADLY