FRIDAY, OCTOBKn 24, 10R2
HKRALD AND NKWS. KLAMATH KAMA OREGON
PACK THRE1
r 'T i if.
ii i H 1 1 m in
THIS SMARTLY-STYLED Dodge Diplomat, hard-top, ii on of th tleek, ntw modalt in tha
1953 Una. It Ii powarad by a naw 140-horiepower Rad Ram V-Eight angina which davalopt iti
high efficiency on ragular gr'adei of fual. A naw eompactnan makes it ona of tha moit maneu
varabla earl on tha road. It Ii being offarad with a cholca of four different drivai Gyro
Torque, Gyro-Matio,' automatic overdrive or standard. It Ii on diiplay In dealers' showrooms.,
Economists Predict Slump In 1953 '
Br HAM DAWNON
NEW YORK (IV A Hump In mlrt
ItU tl It doe almw ugi would
be the mom widely U-lcKraphtid
punch bUBlnru lias evir had to
parry.
.Almost everyone and hi brother
la now on record rlihcr In a form
al economic etatrmeiit or In con
vernation with hla acalmate on the
1:1 to Suburbia that business
ahould be good lor nix or nine
montha more: then contra the re
ceaaton. A lew economlnta, however,
atoully maintain Unit over-all busl
ncaa ahould be aa good next year
aa thl.
But Wall Street brars have
been belling, on a let-down, liuy
era for alorea and purchase o)
malarlala tor munulaclurrra have
trimmed their ordrra to that pat
Urn. With ao many convinced that
the boom must end sometime, the
present drbata cenlera largely
around tha date and the extent
ol the alump.
Ouraaea range from late spring
A 1661 to the cloning inonllu ol
eat year, A handful are betting
a good llmea Inlo 1UM.
Much ol the worry la baited on
what might happen after the de
tente spending program crests.
Welfare- Fund To
Fact Court Test
PORTLAND Of! The CIO Wood
workera health and welfare fund
apparently la headed lor a 8tate
Supreme Court teat,
Th queatlon la whether deduc
tions ran i made lor Uie fund
from the paycheck of a worker
who dora not want to participate.
Circuit Judge Da M. King ruled
at Coqullle that each wmker would
have to authorise auch a pay
check deduction, Tha union eon
tenda the health and welfare pro
tram waa negotiated for all tu
nam bar a and waa compulsory.
Tha Cooa Baw Lumbar Co. waa
Involved In the Coqullle auit, which
President A. T. Hartung of Uie
Woodworkara aaya will be appealed
to th Supreme Court.
"ta aa dlrlr bring In your aalled
elalhas!" Mra'a Hand laundry, lllh
a Ml Klamath, pkoa l tMI.
Even government offlclala who
hand out these huge sums dis
ss'"; aa to when Uila will be
gueaaea covering almost any peri
od next year.
When a . boxer telegraph hla
punchea, a smart opponent blocks
Uiein.
This la what some observers
think bulnssmvn will aucceed In
doing thla time.
Widespread anticipation of the
slump, and the preparation for
It, may prove to have been Ita bent
cushion.
Latest economist to aniens the
1063 prospecta la Or. Marcue Nad
ler. Aa consulting economist to the
Hanover Bank of New York, he
la telling customers. In a report
on the outlook lor business, Uiat
Uie boom may well come to an
end next year but Uiat "It la
highly unlikely, however, that H
will degenerate Into a serious de
pression."
He lists the forces thnt could
end Uie boom: military spending
reaching a peak; Buslncfta expan
sion dropping off: Exports decreas
ing: aatlsfyUig of Uie pent-up de
mand for housing and durable
consumer goods; and productive
capacity expanding above clltllan
needs,
Then he lints what should keep
Uie slump from becoming a de
pression: Even after It crests, military
spending will remain heavy. Busi
ness la bound to spend lnrge auma
for keeping machinery and equip
ment up-to-date to cut labor costs.
There Is a large backlog of
public works waiting for supplies
to ease. Many persons have a high
er atandard of living than before
the war and will go on spending.
And Uie economy la dynamic
meaning It la constantly changing
and new products appearing.
Metropolitan
Life Insurance Co. of New York
announces the
' Appointment of
Harrel M. Creasey
Stevenson Accuses GOP Of
Running Ugly Campaign In
Try For White House Win
ned climax of the Republican cam
paign as the very voice of the
wing of the Republican party that
lost Uie nomination but won the
nominee,"
"You will hear from the senator
from Wisconsin," he said, "with,
the permission and approval ol
Oen. Elsenhower."
By HON WIIITKIIKAD
ENROUTK WITH BTKVKNSON
Wl Gov. Atllal Btovenson's Impss
nlonrd accusation that Dwlifht O.
Elsenhower la deliberately condon
ing a "sly and ugly campaign"
against him opened a bitter new
phase today In the stretch drive
lor the presidency,
It looked like a savage and bare
knuckle alight was the inevitable
ending for this hard-fought battle,
'Die Democratic candidate ripped
into Elsenhower last night In Cleve
land with a speech In which he
defended the character testimony
he guve for Alger Hiss, convicted
of perjury after denying he gave
State Department secrets to a Rus
sian spy ring.
And Stevenson attacked his OOP
opponent and John foster Dulles
Republican lorelgn altairs adviser
us being even more vulnerable
to criticism than he In the Hiss
case.
It waa known that Stevenson and
hla advisers regarded the speech
aa one of Uie most vital ol the
entire campaign and one which
possibly could make y break Htev
ctiKon on the issue to communism.
In his combination of defense and
attack, Stevenson voiced hla con
viction h expects to be Uie target
for a smear campaign In Uie next
few days and Uiat he considers
Eisenhower responsible.
He did not use the word "smear"
In hla address but he left no doubt
of hla meaning when he spoke to
a wildly cheering crowd in Uie
Cleveland Arena.
His speech waa televised to Uie
nation by NBC In a last-minute
arrangement. It waa later broad
cast by recording over Uie CBS
and Mutual radio networks.
With this speech behind him the
most emotional In all his campaign
ing Stccenson set out early uns
morning by train for a sweep
through politically potent New York
Slate with Its big chunk ol 4S elec-,
toral votea.
Hla schedule called for 14 speech-1
es in H hours the most Intense:
barnstorming drive of his entire!
campaign. I
The towns and cities to be visited
were Niagara rails, rtocnesier,
Canandalgnja, Geneva, Seneca,
Auburn, Syracuse, Rome, Ulica,
Little Falls, Amsterdam, Schenec
tady, Albany and Troy, I
In part, Stevenson's speech last 1
night was In anticipation of a
national - televised speech which I
Ben. Joseph McCarthy la ready u;
make Monday night. That speech
reportedly deals with Slcvenaon'al
relationship with Hlsa while Uie i
two were government employes.
The Democratic candidate said
McCarthy will appear In the "plan-1
The heiqhth of luxury!
See the New 35-foot
Kenskill
"Cosmopolitan" .
TRAILER HOME
On display at
NEWLAND
TRAILER SALES
88 Main St.
Pi
RMMfc?lk
DR. NOLE5 OPTOMETRISTS
URGE YOU TO SEND THE
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consult with confidence Dr. Noles Optometrists who have
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Hours: 9:00 e.aa. 5:30 .au
Opaa Alt Day Saturday
family tfdltltrmt,
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