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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (June 30, 1958)
MONDAY. JUNE 30. HERALD AND NEWS. KLAMATH FALLS. OREGON PAGE 1 B . J 5 5 1 Z Z. IC y I "T" Z UUTII WMUJJfMWinOII ' '11 MM"Ti:T:n'T5Il "Hrae fir " II I 1 1 F I M I M M4 I Mill Ml qr I feESH -m mm mMM n rm hjuuh or l Peru Blaming Financial Troubles On Lack Of U.S. Buying, Too High Tariffs LIMA. Peru IAP)-Peru. the Andean Mountain land of the once powerful Ineas, is facing financial crisis. Officials blame the United States. They say there would be no AFTER JULY FIRST all roads within the boundaries of the Klamath Indian Reservation ex cept those shown on the above map will be closed to travel by the public. Travel will be permitted without permit on all black top highways, on the US 97-Military Crossing to Silver Lake, on the US 97-Lamm Road to Silver Lake, the Sprague River-Hildebrand road, the road to Kirk; Jack Creek bridge, Jackson Creek, Yamsey Ranch to Sprague River highway near Braymill and on Lone Pine Junction to Box I. Permits to enter any closed area for business reasons will be issued motor vehicle operators at the Agency forestry office dispatcher's office. Steelworkers Get Pay Hike PITTSBURGH (AP) Basic steelworkers receive a wage in crease tomorrow that likely will be felt by most Americans before tor long. The increase is the final install ment in a three-year contract. The union estimates the pack age boost at 13.2 cents hourly, the companies at 16 cents. Steelwork ers now earn about $2.77 hourly. USW members will also receive a 4-cent hourly raise figured on a rise on the government's cost-of-living index. Steelmakers, who had hoped the union would forego the final in crease, estimate the boost will add up to 25 cents hourly to the cost of production. All are agreed an increase in the price of stce! will be neces sary. None of the major producers has said just how much. U.S. Steel Corp. normally sets the steel price pattern, but it has said it would make no decision until the economic situation clari fies. This was taken in many quar ters to mean that Big Steel would wait for a business improvement before making price adjustments. The present composite price of steel is estimated at $155 a ton. Steel price increases often are followed by boosts in the costs of steel-made consumer goods, such as autos, appliances and even toys, nails and hairpins. New Fiscal Year Will See Uncle Sam Pushing Deeper And Deeper Into Huge Debt WASHINGTON (AP)-For Unclei Sam, tonight is New Year's Eve. He won't be celebrating, though, because the new fiscal year will carry him deeper into debt than ever before. Red ink spending caused by the business recession and the Sovietl scientific-military menace threat ens a fiscal 1959 deficit of about 11 billion dollars possibly closer to 12 billion. That is more than at any time since World War II. The national debt is sure to push past its December 1955 record high Of $280,821.000.000. GRANGE NEWS Novelist Placed In Hospital NEW YORK (AP) Novelist Thomas Chamales was in Belle vue Hospital today for psychiatric observation. City Magistrate Joseph Martinis ordered Chamales committed as GREENHORN YREKA A variety of dance routines, songs and readings marked the program presented on the occasion of the 40th birthday anniversary of the G r e e n h o r n Grange on June 21 at the Green horn Grange Hall at Yreka with nver 100 nersons present including guests from Castella, Gazelle and Scott Valley. The program for the event was nresented under the direction of Mrs. 11a Wheeler of Montague, lec turer of the Greenhorn Grange. The program included Karen Ad- ele s Dance Studio presenting ine Gav Chicks." and "The Way," by rianrers Marcia Landon and Can- dv Holman. Two modern ballet routines. "Big Beat." and "Rock Right," performed by Marjorie .lames. Susan Harris and Mimi Behnke. Past master of Castle Grange Mrs. Ora Wilder, gave a reading. "Recipe for a Successful Grange," followed by Jerry Lemos Din ner, whistling and singing a va riety of songs accompanying her self at the piano. "Essay on Man." Another reading, was done by Agnes Swigart of Montague. In commemoration of dairy month, 16 of the dairywomcn and men present sang several group songs of a lighter theme. Larry Betschard and Leslie Lew- ellyn. two members representing the Gazelle Youth Grange per-i formed on their accordions. Beth Russell, Linda Badgley. Sandy' Hayes, Bobbie Bridwell and Sandy Fiock, also members of the Ga zelle Youth Grange, performed two dances. Two other members of I the group present as guests were! Tom Booher and Florence Kearn-. ey, accompanied by the leader,! Lorena Lewellyn. Honors were bestowed on chart er members and past masters with the presentation of corsages or boutonnieres. Among those honored were Mrs. Daisy Bry and Fred Caldwell, who are not only chart er members but past masters as well: charier members Mrs. Laura Cawley and Mrs. Carrie Bills: past masters George Calkins and Wil lard Freeman: Master Bryan Can non, lrma Shelley, and Home Eco nomics Chairman Florence Burg ess. Guesls present were Mr', and Mrs. Robur Costello. Mr. and Mrs. G. Davis. Mr. and Mrs. Robert PeNure and Mr. and Mrs. Frank Hayes. Refreshments were served follow ing the program. The legal debt limit now is '280 billion dollars. The Eisenhower administration soon will ask Con gress to boost that ceiling, prob ably by about 10 billion dollars. The 19,t8 bookkeeping year which ends today also will be marred by a hefty deficit. Offi cials predict spending will top in come by 2-Yi billion to 3-Diiuon dollars. The exact size of the 1958 deficit, which comes after two straight years of balanced budgets, won't be known for a couple of weeks Latest figures, as of the middle of last week, showed the national debt at close to 276 billion dol lars. The government then had a cash balance of about 10 billion dollars, a seasonal bulge that will Secretary of the Treasury An derson is known to feel the govern ment should always have enough cash available to pay its expenses for two or three weeks. At the present spending rate, that means a total of 3 to 4'! billion dollars. In addition, Anderson would like few billion dollars to make it easier to refinance the debt, a more or less constant operation. As recently as January. Presi dent Eisenhower predicted a bal anced budget for fiscal 19o9 and a deficit of only 400 million dollars for 1958. The recession has chopped away at income and cor poration lax payments, however. while defense spending and out lays to spur the economy have in creased sharply. Revenues for fiscal 1958 are ex pected to fall about 2'j billion dollars shy of Eisenhower's Jan uary estimate of $72,490,000,000. Spending will run close to his pre diction of 72.800.000.000. For fiscal 1939, officials are now talking of outlays in the neighbor hood of 8 billion dollars and revenue below 70 billion. Some experts doubt spending will mount as fast as forecast. They also view hopefully the in creasing indications that tthe busi- economic troubles in this agricul tural and minerals rich republic if the United States would just buy more of its products and lower tariffs on present imports. Demand from the United States, arising out of the recession there, has tapered off sharply in the last year or so. Heartened by the recent visit here of Vice President Nixon. Peruvians are hoping things will be worked out. Lower prices and the fall in ex ports, not only to the United States but other foreign countries. have nit Peru so hard that the government will have to borrow heavily from its own central hank. or the U.S. Export-Import Bank, to meet its 1958 budgeted expendi tures. The exports and imports bal ance sheet didn't look so good lor 19o7 and economists fear it s go ing to be worse by the end of this year. Exports last year brought in 330 million dollars. Imports totaled 448 millions. . While a big chunk of the im ports were for foreign companies operating in Peru, the government nevertheless had to use about 31 millions of its gold reserves for payments. Peru already owes 140 million to the Export-Import fiank for economic assistance: U.S. invest ments here total 450 million. The right-of-centcr government of conservative President Manuel Prado inherited debts from the previous administration estimated at 45 millions, struggling lor a VISITS HAWAII HONOLULU (UPI) Philip pines President Carlos P. Garcia arrived at Hickam Air Force Base Sunday night to begin a jam packed two-and-half day Hawaiian interlude. balanced budget, Prado has tried to trim expenses to liquidate this sum. Prado, long has been beset by agitation for wage increases for the nation's workers. Despite at tempted price controls, costs of living have risen steadily. To hiilt the wage boost demands. the government recently approved a general 15-20 per cent rise and then decreed there would be no more pay hikes for a year. There are other problems fac ing the government of Peru roughly shaped like California, but three times as big. There is much unemployment. As in many Latin-American coun tries, no government official seems to know just how much. The per capita income is only $120 yearly. Over half of Peru s 10 million people can neither read nor write. Poverty is widespread among the lncas and other Indians who make up more than 60 per cent of the population. there's a deep feeling among many Peruvians that, while they blame the United States for finan cial and economic troubles, amends can easily be made. Thpv fipurp it nut simnlv nil the United States has to do is to hnv ins! ahnllt pvprvthinc Pan, wants to sell and everybody here will he hannv In clasn hanHc wilt. Americans in warm friendship. iney contend mat since the United Stales snpnHs hillinnc nf dollars on foreign aid for Europe, Africa and Asia, South America should get more. Points like these and all eco nomic complaints imaginable pro vided the ammunition for the hostile anti-American demonstra tions staged here by Peru's Com munists against Nixon. u I HI , For More Living Per Gallon See the New MORRIS '1000' nuuw a nveii i I I 1200 I. Main TU 2-5511 I R0DE0 CONTESTANTS REGISTER NOW! At Rodeo Headquarters 530 Main St., Next to HAL'S SPORT SHOP Phone TU 2-0110 Klamath Basin Celebration Council The Communist nartv technical ly is illegal in Peru, but it oper ates openly. Prado's government has shrugged aside the Commit msts as a threat to Peruvian democracy. Apparently that atti. niae is based on the fact that the lieds supposedly have only .00O members and 40,000 to 50,000 sympathizers. But Ihev are wielding nnwpr 'and influence in labor unions, uni versities, student organizations, and among the peasants. Many Peruvians believe the government should curb Commu nist activities. the easy way Charge your LaPointe'i maternity wardrobe on our revolvinq charge plan up to six months to pay. 14 the author was arraigned last night on a charge of simple as sault brought by his wife, singer Helen O Connell. Miss O'Connell charged Cham ales beat her and knocked her down during a fight yesterday in their Manhattan apartment. The singer said she thought her 33-year-old husband was violent and unsafe. She said she was con cerned about the safety of their 2-month-old daughter. Planes Set New Record NEW YORK (AP) Two Air Force jet tankers beat the east- west speed record between Lon don "and New York City yester day. Alpha, the first of the two U.S. planes, flashed over Idlewild Air port at 2:20 p.m. It had made the 3,460 miles nonstop flight from London in 5 hours 51 minutes 24.8 seconds. The plane landed minutes later at Floyd Bennett Field in Brook lyn. Right behind Alpha streaked its sister ship Bravo, which took 5 hours 53 minutes 21 seconds. It landed at Westover Air Force Base, Mass., its home base. Swept from the record books was British Capt. J. W. Hackett's mark of 7 hours 29 minutes es tablished Aug. 23, 1955. The U. S. planes, four-engine KC135s of the Strategic Air Com mand, set new marks of less than 5'i hours for the New York-Lon don flight last Friday. A third jet tanker crashed just after takeoff Friday at Westover. Fifteen men were killed, six newsmen among them. Memorial services for the vie- ness slide may have about run its Urns were held at Westover yes course. Iterdav. . O People Read SPOT ADS - you are jy jj LA L IS UJHAT I XTJANT - AND 2 fiET. IN GOLDEN GUERNSEY V BECAUSE... Beatty Rodeo July 4th and 5th -1:30 p.m. 6 Big Events 3 Riding 3 Rti"g Kids Calf Roping Venison Bar-B-l Free July 4th! Dance 4fh and 5th Music by the Basin Wranglers Admission Adults $1.00 Children Over 12 - 50c GOLDEN GUERNSEY comes to vou exactly as produced on the fine Golden Guernsey forms of Mr. Roy Hobson, Mr. Earl Tillon and Mr. Walt Collmonj nothing is added, nothing is taken away. GOLDEN GUERN5ET 'he RICHEST milk you con buy so RICH, in fact, you con actually see the difference in golden rich color. Many families uso delicious Golden Guernsey os coffee cream. 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