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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Nov. 20, 1955)
SUNDAY, NOVEMBER 20, 1955 HERALD AND NEWS. KLAMATH FALLS. OREGON PAGS NTNX Federal Authorities Crack Down On Inflationary Acts By WALTER BREEDE Jr. , NEW YORK I Uncle Sam' cracked dawn hard this week on liitlntionary aspects of the boom. The crackdown a new and tighter government squeeze on credit found most lines of busi ness surging ahead at breakneck speed. Primary aim of the new government move: to make it harder for consumers to go into hock, and more expensive for busi nessmen to borrow money. Here's how the government did it: Federal Reserve banks hiked the Interest rate that commercial banks must pay on the huge sums they borrow from the Fedeial Re serve System. The new late 2',i per cent is the highest since 1934. This means, that your "neighbor hood bank may have to nay more for the money it borrows, and will probably charge higher inteiest on the money it ioans out. Specula tors in everything from used cars and fire-damaged merchandise to stocks, bonds and real estate will find working capital harder to come by; consumers may pay Dope At Kimpo Said Easy SAN FRANCISCO (Pi Narcotics ffbre "easy to get and cheap" at Kimpo Air Force Ease in Korea, a former Air Force jet mechanic testified Friday before a Senate subcommittee making a nation wide study of illicit dope traffic The witness, who testified anony mously by order of the subcommit tee chairman. Sen. Daniel (D-Tex), said there were "at least 50 to 100 men who used narcotics" at Kim po, which is near Seoul, during the 10 months he served in Korea, He said he was "high on mari' huana most of the time I was in Korea." In response to a question by Sen. Daniel, the witness said the men didn't know nor care that Ped China was spreading the use of narcotics among U. S. service men. "They Just wanted the stuff," he said. Col. George H. White, district supervisor of the U. S. Bureau of Narcotics in California, Arizona and Nevada, testified dope traffic has increased greatly since World War II in this country. White, one of the final witnesses at the hear ing here, said the three main sources of supply are Red China, Mexico and the Mediterranean Middle East area. The hearing will continue Chicago on Monday. in Carlson To Rule Over Dedication The dedication program of the Klamath Falls Scottish Rite Tem ple today ai 2 pHi.,.ii) the Temple at Ti32 wainui street, win De pre bided over bv Charles T. Carlson. The invocation will be given by the Rev. George A. Milne with the address of welcome by Paul O. Landry, mayor of Klamath Falls. Andrew G. Loncy will dirbct the music with a vocal selection fea tured by Don McKe.izie with Ruth Lobaugh. accompanist. The presentation will be condut rd by Leslie M. Scott, Portland. Sovereign Grand Inspector General in Oregon.- The dedication ceremony tableau will be presented by Scott, Harold O. Brandenburg, Arthur W. Echaupp. Paul O. Landry and Don Hensley. The benediction will be given by the Rev. Galen H. Onslad. higher rates on home mortgages and auto loans. (This week Gen eral Motors Acceptance Coro.. world's largest auto-flnancing nrm, raised us interest charges.) Coming at this time, the credit clampdown pointed up the imag ing resurgence in business senti ment since the Sept. 26 stock market slump that followed the first news of President Eisenhow er's illness. According to many economists, business in the last few weeks has spurted ahead so fast that dangerous runaway tendencies have developed. At the start of this week, the stock market buoyantly thrust to wunin striklngldistance of the all- time peak it had reached Just be- iore tne president s heart attack. (At week's end. the market de clined moderately on news of the Federal Reserve's higher redis count rate). ' Total business activity, after hit ting a record annual pace of 3J14 billion dollars in the third quarter. gained added momentum this month. ' Store sales forged ahead. Depart ment store business at latest count was a hefty nine per cent ahead of the year-ago rate. Dun Sc Bradstreet said total November retail trade would come to 15'b billion dollars, a new high for that month. i The steel and auto industries, working overtime, were straining to the hilt. Steel output (estimated this week at nearly 99 per cent of capacity) fell short of booming demand. The auto industry rolled out its seven millionth car of 1955. That compares with a total pro duction of less than 8, 700,000 cars for all 12 months of 1950, up to now the record-breaker. Booming exports were reported by U.S. business leaders attending the annual meeting of the National roreign Trade Council. Meanwhile, the upsurge in pro duction, sales and business over all had inflationary side effects. First, there was the danger that consumers buying on-the-cuff as never before might get so deeply in hock that they'd have to quit buying many consumer goods until tneir dents got paid oft. The boom also generated an up ward pressure on prices. Steel scrap virtually Important to steel-making went up in price week. Prices were headed higher at tne consumer level, too. Sears. Roebuck & Co. said its spring catalog, out in January, would show price- Increases aver aging two per cent. Nash-Kelvln- ator announced a round of price boosts on its 195S home appliance line; Alexander-Smith raised prices of its rugs, and carpets three per cent, effective Dec. 1. Trade sources said prices of home heat ing oil would soon go up in the eastern part of the country. A third troublesome aspect of tne boom was the continuing short age of raw materials. For one ex ample, publishers' stocks of news print (The paper you're reading from now) have fallen to their lowest level in 22 years as con sumption of the material, pushes to. a record high. I pM K.oo ML' ' s ' i Luther Smith Grand Chief The four bodies of the Ancient and Accepted Scottish Rite of Freemasonry, sitting in the Valley of Klamath Falls, Orient of Ore gon, acknowledge and yield allegi ance to the Supreme Council1 (Mother Council of the World! of Ihe Inspectors Qenerul, Knights Commanders of the House ot Solo mon of the 33rd and last degree of the Rite, for the southern juris diction of the U.S., whose See Is at Charleston, South Carolina. Luther A. smith la sovereign Grand Commander: Claude V. Young. Orand 6scietery General, and Lsalte M. Scott, Portland, Sovereign Orand Inspector Gener al in Oregon. ' This governing body is composed of the Sovereign Grand Inspector Generals (such as Scott) In each of the 33 stales In the Supreme Council. The 8 o u t h r n Jurisdiction la composed of all states west of the) Mississippi River and south of tMi Mason-Dixon line. The Supreme Council for tills Jurisdiction was instituted in Charleston In 1762. , SCOTTISH RITE LEADERS fry out the. meeting hall in the lodge's new Temple on Walnut Street between Seventh and Sixth streets. From left they are: Herman Gisvold, secretary of tha Scottish Rite Building Association; O. E. Thompson, commander, Klamath Council of Ka dosh; Clarence Humble, venerable master of the Consistory; A. H. Sullivan, wise master, Klamath Chapter," Rose Croix; and Charles T. Carlson, venerable master, Lodge of Perfec tion. Tha public is invited to the dedication ceremonies planned for 2 p.m. today. Rite Lodges Cover Oregon The Scottish Rite lodges in Ore gon consist of bodies in Baker, Klamath Falls, Mcdlord. Rose- burg, Eugene, Salem, Portland, Coos Bay and Seaside. The public invitation today at 2 p.m. to the dedication ot the new Klamath Falls Scottish Rite Tem ple, 632 Walnut Street, outlines some of the aims of the body. It states that the Scottish Rite of Freemasonry is an institution whose principles are outlined by purity of life and rectitude ot con duct, by noble deeds and great as pirations. Its teachings make the eyes of its members more keen to observe the needs of tneir lcllow- men and their hearts sympathetic to the touch of misfortune. Mem bership involves obligations of spe cific duties so thin members may make Uie world a little better and life blighter tor thos-j less fortu nate than themselves. The members of the lodge have extended an invitation to the pub lic to inspect the new Temple on (his dedication day. ! m : THE SKETCH Scottish Rite Leaders Listed The leaders of the various Klam ath Falls Scottish Rit bodies in clude Charles T. Carlson, Vener able Master,' Lodge of Perfection, chartered October 23, 1935 and An drew H. Sullivan, Wise Master, Klamath Chapter of Rose Croix, chartered October 20. 1937. Other officials include Oral E. Thompson, Commander, Klamath Council of Kadosh. chartered Oc tober 18, 1939 and Clarence A. Humble. Venerable Master of Ka dosh, Klamath Consistory, chart ered October 18, 183!). Hitcher Reports Theft By Driver i A billfold containing $63 was lost early Saturday morning at a Klam ath Falls restaurant by Ben Blalz er of Sherwood, who said the driv er with whom he had "hitched" a ride took it, Klamath Falls police saio Joday. ., Blalzer said a suilcs.se left in the auto he was ndlng was also miss ing. He said the pair had stopped in Klamath Falls shortly beiore 2 a.m. Saturday to have something to eat. While Blalzer was away from the table to play the Juke box, driver, billfold and auto all disappeared, he told' police. The pair were en route to Red Bluff, he said. By BARBARA KENSLER Today In the Conference Room of the Klamath County Library the Klnmath Art Association is having their Annual Silver Tea, from 2 p.m. to 4 p.m. The public Is most cordially invited to attend the tea and view the art exhibition by the members. The exhibition will be varied, ranging from paintings in oil and watcrcolor to weaving and plasti-glaze. It will offer the view er some idea of the varied art mediums that are being used in the Klamath area. Along with the exhibition will be a display of some of the Christmas decorations that are being made by the art assoc iation. Orders will be taken at the tea for these decorations and pub lic sale will begin shortly after Thanksgiving at the Klamath Art Center on Radcliffe Avenue. The Silver Tea culminates the drive of the Klamath Art Associ ation for new members and extra financial support from the com munity. Membership dues are as follows; Active membership, $5 per cou ple: $3 Per person: $1 per student. Associate membership, $2 per person. Dues or donations may be paid at the tea or may be mailed to Klamath Art Association, Box 995. Klamath Falls, Oregon. It is hoped that the community will support the organization by their attendance of the tea. ARRIVAL MANILA MV-Badri Nath Nanda, New Indian minister to ihe Philip pines, arrived Friday but failed to receive the usual entry tcsios extended diplomats. cour Farm Solution Plan Presented CLEVELAND (UP Treasury I Secretary George -M. Humphrey today ouuineu a iive-poim pro gram for solving the farm surplus problem. The program, Humphrey ex plained, depends greatly on "pros perity for industry," because "its workers are his (the farmer's) customers." The plan, which Humphrey called "Iho middle way" In a speech prepared for delivery be fore the 89th annual session of the National Grande, included: 1. Flexible price supports which "do not try futilely to repeal" the laws of supply and demand. 2. "Carefully planned restrictions of production." 3. Expanded rcseatch to find new crops and new uses for farm output. 4. Cautious selling of farm sur nluses here and abroad, coupled with "strenuous efforts" to In crease consumption everywhere, 5. "A dynamio program of soil conservation. Beside what a positive program can do, Humphrey said the grow ing population "with three million more mouths to feed each year will eat into both limited current production and surplus at an amazing rate." BORDER PLAN CAIRO Egyptian officials said Saturday.- they still were awaiting U.N. 'rasponse to Egyp lian counterproposals for easing tension along the Israeli-Egyptian border in the El Auja area. Officials said they handed their proposals to the U.N. chief truce supervisor, Gen. E d s o n L. M. Burns, last week when he present ed the plan drawn by U.N. Secretary-General Dag Hammar skjold and himself. Slow Drivers Get Warning SACRAMENTO (UP) Slow drivers were on notice today that If they persist in blocking the nor mal flow of traffic tney will be arrested by the Highway Patrol Ross R. McDonald, deputy pa trol commissioner. Issued orders saying "Enforcement action is necessary in tho case of slow drivers blocking tne normal flow of traffic and those motorists who persist in driving in the passing lane on multilane highways." It's my job to see you get fast, friendly help... L i .-aV William N. Om A. nut of nv naliev t holders, I would per tonally help you if you have an accident near home. Away from home, there are nearly (,000 agents and claims rep resentatives like myself to give you the saass assistance. ! Ym.N.Goen 70 So. 6th Mi. 3262 I.TT, ""TIT H! Mil l T., THE SCOTTISH RITE TUMPL Is a Building the Town can be proud of . . . and we art happy to have been selected to furbish the Lumber and Millwork for this Modern New Building! WHEN YOU NEED BUILDING MATERIALS BE SURE TO SEE US! . . . and be sure to attend the big Scottish Rite Open House Today at 2:00 p.m. Basin Building Materials Attend The OPEN HOUSE Of The New Scottish Rite Temple SUNDAY 2 P.M. YOU'LL SEE A BEAUTIFUL, MOD ERN BUILDING THAT WE ARE PROUD TO HAVE HAD A PART IN THE CONSTRUCTION OF . . . CABINET & MILLWORK -BY- Park Cabinet Shop 4408 So. 6th Phone 5320 Kitchen Built-ins A Specialty We Measure & Install O STORM WINDOWS O SCREENS O SCREEN DOORS O WINDOWS. FRAMES QonqhdbudaiwnA To the Scottish Rite Building Association You Can Be Justly Proud Of The New Scottish Kite Temple Plumbing - Heating - Ventilation INSTALLED BY G.C. MOTLEY, INC. EXPERTS IN MODERN PLUMBING Trust to our yean of experience when it tome! to planning plumbing for your new home or modern izing -your present lyitem tor greater efficiency and convenience. ' When in need of plumbing or heating repairs, Save time, save money ... Call an expert!!! G. t MOTLEY 812 Klamath Avenue ff UUJV30 Phone 6616 4714 South 6th Phono 2-2541 OR OFFICE, OR LODGE HALL AAeans More With Carpet on the floor Mlr. . -f .-.'I 0 We art proud to have been called upon to Install the fino wall-to-wall carpet In tht new Scottish Rit Temple. When you visit the Open Houso this afternoon, you'll ice what wa mean when we say . . . "Homo Means Mora With Carpet on the Floor." LINOLEUM 7 CARPETS . ii ii SSk II "V n si iw - THE UKCtST STOCK OF QUALITY )j7 cast main smtn IN THE BLINDS KLAMATH BASIN
