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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Nov. 1, 1955)
la The- Day's km By FRANK JENKINS , , Princess . Margaret, young and say and full of life, turns her back on the primrose path of In clination and chooses the stern path of duty. This morning's dis patches report that a surge of ad- miration and sympathy for her is .welling up through the British Commonwealth of Nations. The premier of New Zealand (one of the British dominions) says , she set a, shining example to all . people. Why Is her decision a shining . example to all people and an es . peclally shining example of the , people oi Britain and the British .:tomlnlons? ... . It's a long story. Margaret is a member of the British royal fam- i ilj. The British royal family is a peculiar Institution. It has little ACTUAL power. But it has tre mendous power of example. It -exercises this power by conform ing to the tradition that in any given set of circumstances its members do the RIGHT thing. -, . Margaret did that. She con formed. Her decision, hard as it may have been for her, plants in the mind of every Englishman the . thought that in every situation.. no matter now difficult the per sonal circumstances may be, the RIGHT thing is the tiling that must be done, j One can't help wondering what nr uncle, the Duke of, i Winds. ; thinks of it. i'-''-f fO? Just 30 years ago, in cfrtfum atances similar, to Margaret's, he made a decision. His decision was . the opposite of Margaret's. He chose the path of personal incll nation. When he made his Choice, the cloud of World War II, al though then no larger than a man's hand., was alreadv visthik en the horizon. Every English-fl . uitb TYvrm war n, u .it came, might be the end of Brit ; ain. s The present Puke of Windsor was then Edward vm, "by the : Grace of God, of Great Britain, , Ireland, and the British Dominions ' beyond the Seas. King, Defender ! of -the Faith, Emperor of India." He was the leader of his peo ple. But, with the hour of grave inai approacning lor, his country, he considered his own Inclinations : and abdicated his responsibilities. : His young niece Is made of stern- er stuff. V By the power of her example ' she says to her people that no . matter what comes she can TAKE IT. - . ' Her country, although on the mena, is still not out of danger. ' England.' being a small country with a large population, must im. port a large part' of. the food it consumes and the greater part-of the' raw materials needed to feed lie factories. In order to obtain the foreign currencies with which to- pay for her vitally necessary ' Imports. England must export her manufactured products in a BIG way, . Jn.jorder to export, in a bit- wv s she must keep her costs down. To keep her costs, down, she must eep wages down. If her costs get out of line, her export markets win vanisn. Among her manufac - tured products are automobiles. Her people WANT AUTOMOBILES for their own use and enjoyment. ' But if they buy as many of them as they want, there won't be enough left for export. And so on, ' Many privations and sacrifices lie ahead of the English people. By her decision yesterday Mar garet says to them that she too can make sacrifices. She too can give- up things that she wants. No matter how hard it may be. Thus she creates between her self, as a member of the royal family, and her people a warm bond of sympathy, a feeling of .privations mutually shared for the common good. Cotyriderlng her responsibilities, who can say that she has made the wrong decision? Portland Electric Seeks Dam Permit PORTLAND W Portland Gen eral Electric Co. will apply to the Federal Power Commission for a license to build a 13 million dollar clam on the Clackamas River, oi ileitis of the firm said Monday. The company said the applica tion will call for permission to Vulld a concrete arch-type dam ai would produce 53.000 kilowatts oi 'power. The site of the proposed project is five miles beyond Etta cadi at the north fork of the river.. Scottish Rite Temple Work Scheduled To End This Week ' One of the major building proj ects of the summer tn Klamath Falls, the remodeling of the new Scottish Kite Temple on Walnut between Elxth and Seventh, will be finished this week. The- interior of the building has been completely rebuilt and a now meeting room, dining room, kitch en,' lounge an.1 other rooms built. A total of Jl 26,000 has been spent on the purchase of the building and in the remodeling which was done by contractor Howard Burkhard. The official dedication of the building is to be held on November 30 when Leslie M. Scott, sovereign grand inspector general for Ore gon, will attend the ceremonies. The first meeting In the nr.w temple will be held tonight by the Lodge of Perfection. On Friday, November, 11, the semi-annual ScottLh Rile reunion will be held and the fourth degree will be con ferred on one of the largest classes of inlitlates tn the history of the Klamath Falls rite. The degree will be conferred by Ernest MacBeth. Hans Norland, Lor in A. Campbell, Arthur H. Bilte and Ray W. Owens. On Saturday, November !1. the . , ' ; o .... ........ I o SZ I n i f I" : : TT A MULTI-MILLION DOLLAR deal was culminated tn Klemeth Falls Monday afternoon when Adico Industrie!, Inc., Buffalo, New York, purchased Lorenx Company, one of the Pacific Northwest's leading wholesale hardware firms. Founded in 1923, Lorenx Company serves cus tomers throughout Southern Oregon and Northern California. Pictured above, J, L. McGara, (left) executive vice president of the Buffalo corporation, is shown discussing the transaction with' Wesley C. Lorem, president of Lorenx Company. The change of ownership becomes effective November 28. McGara said the business will be greatly expanded. Adsco, Lorenz Reveal Sale Details; Price Not Further details of a multi-mil lion dollar business transaction in which Lorenz Company of Klanv ath Falls, one of the Pacific North west's leading wholesale hardware firms, was purchased by Adsco In dustries, Inc. of Buffalo, New York, were revealed Monday. In a Joint statement. Wesley C. Lorenz, president of the Klamath Falls company, ami J. L. McGara executive vice president of Adsco. said the agreement covering the sale which becomes effective No vember 28 had been signed. They declined to . reveal the financial consideration. McGara explained that acquis! lion of Lorenz Company 'was the second step In the Buffalo Cor. poration's plan for establishment of a vast Pacific coast combine of related business establishments. McGara aaaed that no malor rances in the Lorenz staff Is con lemplatcd at this time but that the operations oi the film in both Klamath Falls ana Meatoru wit be expanded. He also Indicated that there will probably be a sub stantial Increase in personnel. Purchase of Lorenz Company was preceded a few months by Adsco's acquisition of the big Woodbury Companv of Portland, which operated similar plants, in Portland. Eugene ' ana Aieaiora. "We have great faith m the fu lure expansion of the Pacific Northwest," McGara declared. "For a long time now the bust, ness trend has been westward. Our company, which has been op. Halloween Quiet In KF Ghosts and goblins might have been out Monday night but there were no vandals celebrating Hallo ween in Klamath County. This was the report of state and city police and the sheriff's ofiice who chalked the night up as prob ably the quietest Halloween in the area's nistory. Police Chief Orville Hamilton ald inclement weather may have contributed to the uneventful night. 'We had no reports of any van dalism," the chief said. "There were many Halloween parties in homes and the Youth Honor Day dance at the armory attracted a large group of high school stu dents." "It wasn't anything like the old days." commented Sheriff Murray Br II ton. "None of the county resi dents woke :t find their wagons parked atop barns or their cows pasturing on the neighbor's porch. I guess the kids are getting more sensible." State Police Sgt. Bruce Laltin said that agency received no com plaints about Halloween prank sters. degrees from the fuurih to the 13th will be either communicated or conferred and during this same meeting the degree of perfection will be conlerred in full by Jack Schultz. Bernace Wilson, Roy Bene dict. George M. Grant, Geoi'ie E. Mathews, Albert A. Anael. Francis W. Peak. Stuart Balslter. Herb ert K O'Hair. Albert W. Schmeck and Cecil Barkdoll. Tne 15th degree will be conferred on November M. the IRth on No vember 15ih, the 30th on Novem ber 18 and the 32nd on Novem ber 19. Local dedication ceremon ies will be held by the lodges on November JO. The public is invited to this dedication. The new temoie will be used bv the Scottish Rite. Crater Lake Lodge No. 311. AF&AM; the Man- ranlta Chapter. Order of Eastern ! Star: Amaranth, and the Rainbow j Girl?. I Olticers of the Scottish Rite In-1 elude: wirshipiul master, Lodgr of ' renection. c. T. Carlson: master of Rose Croix, Andrew H. Sulli van; matter of council. O. E. Thompson: and master of conslstl tory, Clarence Humble. Arthur W. Schaup? Is president, of the Scot tish Rue Buildinr Association. prating in the East lor many years, sees a great future in this area." Lorenz Company wa3 founded in 1923 by G. C. Lorenz who, with his son, Wesley Loren2, expressed appreciation to the people of South ern Orceon for their patronage during the past 32 years. More Snow At Crater Lake Twelve inches of new snow fell at Crater Lake National Park dur ing Monday night bringing the to tal amount of snow on the ground to IS inches, according to the ran ger station's morning report. Temperature was 25 degrees at 9 a.m. today. The road from Annie Springs to the rim is temporarily closed. Highway 62 through the park is in "bad shape," the rangers re port, with chains or' abrasive snow tread tires advised for all who must use that highway. Until i further notice., the warm. ing hut lyill beppen only over weekends. The Triple A office reports that chains should be carried by mo torists leaving Klamath Falls in any direction today as they may be required on some highways. Trucks were all using chains dur ing the early morning hours. Snow flurries are reported on all highways in the area. To the south, the highway is reported fairly slick from here to Redding, particularly over Deer Mountain. Over the McKenzle Pass there 1.- one stretch of one-way tralfic around Die Biggs Cut. State traf fic officers were requiring driv ers to put on chains this morning for travel over the McKenzle, San Ham and Willamette Pass. They urged drivers to carry chains for travel over all other roads out of Klamath Falls. The Triple A office will have a dally report of travel conditions during all storm periods for the entire winter, it announced. Tribal Land Sale Planned KLAMATH AGENCY A super vised land sale Involving 82 units containing 9,286 acres of allotted land on the Klamath Reservation is currentlv being offered for bids. It Is announced by W. W. Palmer, superintendent, this week. Details of the sale Involve the filing of bids for each piece of land bv 2 p.m.. Tuesday. Novem ber 29. at which time they will be opened in the presence of bid ders and other interested parties. Of the 82 units offered to the public. 38 pieces have merchant able timber and the remaining units are classed as agricultural, involving pasture and crop landi Most of the units are owned by several people because of Inheri tance and this Is the major cause for disposing of such land. All pieces of land are olfered under the principle of final acceptance by the land owners or reserving to them the right of final accept ance or rejection up to the time of executing the necessary deeds or documents in transfer of titles. , All of the units have estimate t appraisals which are not available , as Information to the bidders ex-1 ccpt when the appraised value Is j reached and a Kale Is approved. Further details of the areas oi-' fered lor !ale may be procured 1 from the Klamath Agency olllce. - ! Weather FOUKCAST Klamath l all and Tielniiy: Occasional snow flurries TiieMiav night, occalonal rain or wow Wrdnesday. Low 1ueday nirhl 20, hih tVednetriay 48. High yesterday .... 39 Low last night . 25 Trerlp. last 24 hours .... .. trace Preolp. alnee Oct. 1 .l."i Same period last year .. t.29 .Normal for period l.a4 W n - ' -- - ''- - , " KLAMATH FALLS. OREGON, TUESDAY. NOVEMBKft 1, 1U ' frioa Five Centa It Page . i .''-,,., tv Telephene 1111 ' Ne. 3311 Disclosed Wesley Lorenz announced that he plans to Join his father ana brother, Glenn J. Lorenz, in a log ging, lumbering and plywood man ufacturing business in Burney, Cal ifornia. The Lorenz lumber plants win fc located on a 350-acre tract, nine miles northeast of Burney. The company will do its own log ging, cutting timber which was purchased recently from the Watt Lamm interests in California. Construction work on the new mills was started October 24. Wes ley Lorenz said the plvwood mill will be placed in operation during the first half of 195. The lumber mill is scheduled to begin opera tions during the last half of 1W6. The company will continue Its present lumber operations at Spalding. Iaaho which is under the management of C. D. Ough. in concluding a formal state. ment concerning the transaction, McGara said the Klamath Falls and Medford operations of Lorenz Company, will be under the super vision ot j. E. bnoagrass. assist ant executive vice, president of Adsco, with headquarters in Port land. "Adsco looks forward' to serv ing the .many friends and custo mers of the Lorenx-company,' Mc Gara continued. "W expect to make an all-out effort, not only to continue, but if possible, to ex nand the set vices and product line? currently olfered by the Lorenz Company." Senator Sees New Farm Bill PENDLETON. Ore., fUP Chairman Allen J. Ellender (D-La) of the Senate Agriculture Commit tee predicted today a new larm nrlee suDDort bill will be one of the first major measures before the Senate next year. Ellender said his committee, currently holrilnit field hearings on the exuloslve farm Issue, would complete Its task of writing a farm bill In January. The House last summer passed a bill junking the administration's flexible price support program and restoring the old Democratic pro gram of rigid supports on major crops at 90 per cent of "fair in come" parity level. Ellender, however, said neither flexible nor rigid supports would in themselves restore farm pros perity. He told a witness who ap pealed lor a "new approach" at a hearing here yesterday the com mittee "might be able to work out" a program under which the government would reduce surplus farm productlng by "rent" subsi dies to keep a portion of the nation's farm land idle. Tne witness wes Hyi;um Gib bons, a Logan, Utah, farmer who ilso offered the committee a solu tion to the vexing problem of government farm surpluses seven billion dollars worth of wheat, cotton and other assorted crops. "If I had a lot of stuff of ques tionable value on my hands, I'd lust be trying to find a place to conveniently loso a lot of It," Gibbons raid. Fair Share Breaks Barrier Operation Fair Short broke the sound barrier today when ir xoomtd over the $100,000 mark for a total of S103.03t.92. ' "The operation It now within irriklnq distance of the target," Wing Commander lob leach said, "and every squadron member has been alerted to refuel for the final attack." Several squadron leaden are almost to the target area of their division, including Louis Mann, furniture di vision; James Kerns, farm Implements; Tom Gee, hotels and restaurants; Robert Pucker?, personal and professional; Howard Austin, utilities; Mrs. Willard Ward, residential and Air Force. leach announced that another report luncheon meeting will not be held until Friday at the Winema Hotel. "With the enthusiasm of squadron leaders and stove pipe jockeys and the encouraging reports that show com plete coverage of area contacted, I am optimistic that the target will be hit and that community responsibilities can be met," leach concluded. w warns aign Basin River COPCO Pact All objections to the proposed California Oregon Power Company contract under which it would spend some $72 million in build ing dams were withdrawn by ine California and Oregon Klamath River commissions, meeting at Sacramento Monday, contingent upon this statement, titled "Agree ment Between Klamath River Commissions of the State of Cali fornia and Oregon and the Cali fornia Oregon Power Company, ' which reads as follows: "On the condition that the pend ing opposition of California: and Oregon Klamath River commis sions to the proposed contract be tween the United States and the California Oregon Power Company, dated August 5. 1935, as revised October io, 1955, is withdrawn, California Oregon Power Company agrees, for the term of said con tract, that no Klamath water, as defined in said contract, shall be used by Copco when needed or required for use tor domestic, mu nicipal or irrigation purposes on land other than ' 'protect land' as defined in said contract, within the Upper Klamath River Basin as that basin is defined in said con tract: y ''Provided that nothing herein shall curtail or interfere with' the water rights of Copco having a priority earlier than May 19, 1908. "Provided further that all drain age and return flow from lands In the Upper Klamath Basin, .other than those lands defined as 'pro- jeot land' in said proposed con tract, snail be returned to) the Klamath Rlvor above Keno. ; i "California Oregon Power Com nany agrees that it will Join with the California and Oregon Klam ath River commissions, collective ly or individually, lor the purpose or requesting the Federal' Pi Commission to incorporate' -tfcti statement i and agreement as an operative provision In the license for Big Bend Number Two de velopment, on the condition that such incorporation will not in volve a reopening of the proceed ings which led up to the Issuance of the license. "California Oregon Power Com pany agrees furlher to the incor poration of this statement and agreement as un operative provi sion in all future permits and li censes to Cooco. whether federal or state, involving the use of Klam sth water as defined in said con tract. "Subscribed to this 31st day of October, 1955. in Sacramento, Call, fornia. California Oregon Power Company (s) A. S. Cummins, President California Klamath River Commission Bert A. Phillips, chairman (s) Oregon Klamath Riier Commission fst Nelson Reed, chairman." The context of the agreement was received by the Herald and News Monday afternoon In a tele phone call from Nelson Reed. chairman of the Oregon Klamath River Commission, Reed added ihat attorneys for the Klamath River commissions of both stales are writ'ng letters to all in terested partiea, Including Secre tary of the Interior Douglas Mc Kay, notifying them that the com missions have withdrawn all ob lections to th Copco-U.S. Bureau of Reclamation contract. BF.N'EDICTO TRIAL SAN FP.ANCISCO lUPl Superi or fudge John B. Molluari yester day set Nov. 8 as the new date for the sanity trial of Betty Jean Benedlcto. confessed kidnaper of Baby Robert Marcus from Zion Hospital on Scot. 19. "THEY Those lilted btl.w man gWea $1M er mare t the UnlU Fm4 during the Adraaee Gifts perlad now under way. By flaing m, they anallfr far membership ta the Order ef Leaders aal Bond ers ef the Baaln, a aelect grana that la expected to take aa active part in the future, in the aew pe riod ef economic development ef the Klamath Baala that Jast begiitainf. 17T. J. B. Biihop . 1TI. Krerett Dennia -11. Bell'a Hardware 110, Pacific Telephone aad Tele iraph ' 111. Motr and Van Dyke II!. Dr. Fletcher F. Ceaa 1M. Dr. A. Ivaa Taoapean " 114. - Dr. Robert Mueller ' ' 115. Flr.t National Baak f Pert land, South Sixth Braara US. Clifton and Jane Baxter COUNTY IASIN lUILDMS 21. Mr. and Mrs. Cecil Haley and Son 1 n. Mr. and Mr. Kay T. Chase Dale Carnegie Dies In MX NEW YORK (UPi- Dale Came. gie, M, teacher and author of the best seller "How to Win Friends and Influence People." died today at his home here after a month's illness. A nubile ' aneaktni Instructor, Camegle published his famous book ' In 1936 and almost Immedi ately It became a best-seller. Sub sequently, he estannsnea classes In public relations In major U. 8. cities, using Carnegie-trained men as instructors, The son of a farmer, Carnegie -a hnrn in IU1 In 'Ifirvville. Mo. ' Later the ' family ,; moved to Warrensburg, Mo., where Carnegie was graduated from State Jeacn- ir College. a ; r - , . He beaarl hia:: career as a. public cnxaklnir taachlr In 112 when he was 24, launching classes in a New York City YMCA. ; He cnarg-en each pupil a nominal fee but In two years the classes Became so popular that Carnegie was earning 50O a week. . . After his book appeared his lee. lure tours i attracted larre crowds at cities throughout the nation. . In 1816, news commentator Lo well Thomas, then' an. English instructor at Princeton university, conferred with Carnegie' about a sneech Thomas was to deliver be fore the Smithsonian Institution. The acquaintanceship grew and Carnegie later became Thomas' business manager. . Burke Predicts Atomic Fleet PHILADELPHIA Iff Adm. Ar lelgh A. Burke predicted Tuesday the Navy will have the beginnings of an atomic-powered surface fleet !n two years. The chief of naval operations spoke of the Navy'a expectations for nuclear inergy In a apeech prepared for Ihe commissioning of the first guided missile -warship, the converted World War n cruiser Boston, ... Describing the ceremony as a "preview of things to come," the admiral Raid "we hope to extend nuclear power to the combatant surlace Navy within the next cou ple of .years to guided missile cruisers such as this one to frigate.- large destroyers and to aircraft carriers." Burke announced the assignment of the Nevy's first seagoing mis sile admiral. He is Rear Adm. John H. Sides, missile director tor the Navy Department. Sides will command a division of robot weap ons warsnlps, to be composed of the Boston and the Canberra another cruiser now undergoing conversion to a missile ship. The Canberra is expected to be ready In ihr rpring. SHOOTING HOURS OREGON November 2 OPEN CLOSE 4:11 5:00 CALIFORNIA November 1 ' OPEN CLOSE :0? , . 4:S . Postal Hike Possibilities Said Even WASHINGTON Ml An admin- Istration source on Capitol Hill to day gave President Elsenhower I ho belter tnan "a 60-50 chance at i best" to get postal rates increased by Congress next year; Postmaster General Summer-1 field yesterday gave notice in Den ver of renewal of the rate battle when Congress comes back In Jan uary. The source, declining to be onot- ed by name, noted thai. Conzress has steadfastly resisted three years of administration efforts to increase postal revenues by rais ing rates. Much of the' opposition has cen tered around Speaker of the House Rayburn (D-Tex). whose position gives weight to his stand. After conferring with the Presi dent in his Denver hospital room. bummeriieia said Elsennower nad approved a plan to ask Congress for s boost in moat rates to helo cut down the "staggering"' postal operating neiicn. FIRST CLASS RATE Summerfield told reporters the President may ask for an increase in the first clahs rate tor ordinary teiiera irom inree to- tour cents an ounce, and In the airmail rate from six to aeven cents. He said definite rates .have not yet been decided upon. Economies and -changes in cost al procedures under fcummertleld's direction were aucceasful in cutting me aencit to arouna 360 minion dollars last year, from an annual average oi about goo millions. But the savings have been more than onset, by a ISO million dollar a year pay ralae which Congress votes, postal workers tnis year, The big Increase in the Post Ot fleo payroll, some believe; 'may in- aure congress to vote somewhat hlghor .rates to help Summerlleld out down his operating losses but not anything like the Increases Summerlleld is expected to ask some' capltol Hill sources thought the pay raise might cause RayDUin to . change his mind on proposals he has turned down In ir past reaction by. Congress can be ...refftmled as a jruiiie. re- eistance probably will come chief- ly to porposals to . raise postage rages on regular and airmail let ters. RESISTANCE Lean congressional resistance Is expected to posaiote proposals In volving second and third class mail newspapers, magazines and advertising circulars although rates on. these, were boosted sub stantially in 1952. Some indication of the adminis tration's upcoming proposals mav be gleaned from recommendations made by Summerfield last Janu-. r.ry at the atart of the present Congress, At that time he reuue3led In creases in first class mail intalln; an estimated 237 million dollars, or a 3B per cent Increase,; a rec ond class Increase totaling 18 mil lion dollars or 30 per cent; an airmail increase of 14 million dol lars or 11 per cent; and a third class Increase of 172,900,000 a 29 per eent increase. jrmiyr :;"-yi I", ""I'"1 n'-T'itiye- , - . . . . CLEARING) AWAY THE FIRST SNOW of the veer this morning was Ruts Fairchild, new car salesman (or Jim Winde Buick Co., 1330 Main Street. Ruts will be on hand to show the new Buick which will be on display Friday, November 4. ' a. ' ' Li Soviet Idea Said Effort To 'Confuse' GENEVA Us The Western Pow. era lined up solidly today against Soviet Foreign Minister Molotov'a latest European security treaty plan. They regarded It aa an ef fort to confuse the issue of Ger man unity and freeze the present division of Europe. Mo s low' a master diplomat sprang his proposal, which on the surface contained concessions to the Western viewpoint, at the clos ing stage of yesterday's session of the Big Four foreign ministers. By his timing he made a bid to dominate the conference news throughout today when the confer. ence 18 " recess. At the request of French Forelan Minister Antolne Plnay the dele gates took the day off because this is All Saints Day, a holiday in Prance. U.S. Secretary of State Dulles used the break to make a one-dav flying trip to Madrid to meet with Generalissimo Franco. , COMMENTS The official comments of Dulles, Plnay and British Foreign Secre tary Macmlllan on Molotov's plan therefore will not be forthcoming until Wednesday. But within hours after the Molo tov plan was launched diplomats hi the Western camp passed the word that it changed In so way Russia's key position her opposi tion to the unification of Germany except on her own terms. What Molotov proposed was that the . great powers. East and West Germany and nations neighboring Germany; sign a provisional "treaty on security In Europe." It would leave the North Atlan. tlo Treaty Organization in exist ence. I It would' renounce war. It would guarantee aid to any member state which was at tacked. - There were two sharp differ ences with another security treaty proposal wmcn Molotov introduced only last week. The European-wide aecurltv sact he then proposed would wipe out NATO within three yenra and would Include all European elates willing to Join. The aurlace Impression that Mplotpja saas- sJiifllng position, was strengthened by his Indicated willingness to accept what he called the Eden plan for a disar mament zone along the East-West frontier of Europe. British Prime Minister Eden had spoken of the possibility of such a- aone at last I July's summit, conference In Ge- neva. quick STUDY : A quick western study of the Mnintnu nlon hnU'Pvur liriti'nrl dDiom.ta aald .a-ured lis relec tion: . . l. The Molotov treaty would perpetuate tne division o uer- many indefinitely and give' equal treaty status to West Germany, and to East Germany which the Western powers do not recognize 2. The zone plan would serve the same purpose because it would use the East-West dividing line In side Germany as the center of the zone. 3. Even from Russia's point of view the treaty would not provide any substantial security against revival of militarism in the re united Germany, RESIGNATION . TAIPEI. Formosa I K. Y. Yin resigned Monday as minister ol economic affairs for Nationalist China after he was acquitted of graft charges. He was accused of having profiled personally in loans to a shipbuilding firm. i