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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (July 11, 1958)
I PAGE 8 A HERALD AND NEWS. KLAMATH FALLvS. OREGON FRIDAY. JULY 11. 1953 8,000 Tons Of Gold Rest On The Floor Of NY Bank If ' ? r CAPTAIN GLENN A. STOVER, son of Mrs. L. K. Wade, 1038 Pacific Terrace, was The commander of the Crew of the Monfh selected by the 310th Air Refueling Squadron, Schilling Air Force Base, Kansas. Capt. Stover, a command pilot, has been in the Air Force for 12 years, and has been with the squadron for two years. The selection was based on the crew's spirit of cooperation, outstanding achievements and professional ability, as demonstrated during the month of May. Stover is to the left in the above pic ture of the crew. State Willing To Fix Slide DUNSMUIR A letter from thn slate division of highways In (he Dunsmuir Hich School Board has indicalrd a willingness by the state lo repair a slide in the Dunsmuir High School athletic field. Material sloughed off in the slide, fell across the adjacent freeway right of way owned by the state. The slide, caused by last winter's heavy rains, is now being repaired by Herman DeBoer, Castella con tractor, under an $8.Hf).i contract with the Dunsmuir High School Board. tThe state has asked that this work cease. The school board has already ap plied for federal disaster relief funds. Letters will he sent asking that any grant be held in abeyance while the Siskiyou County district attorney decides whether the letter from the state is a binding agree merit. DeBoer has completed about 5(1 per cent of the work but said at the meeting Wednesday night that he was willing to cooperate with the school board if it requested to be released from the contract. On other action the board named Joseph Kelby, chairman, and Na dine Anderson, clerk. Court Records KLAMATH FM.l.S MUNICIPAL ("OI'RT Fdisnn James, drunk, $2.1 or 12l'a dv. Elizabeth Nelson, drunk, $29 or days. Lindney Pompey, drunk, 25 or 12' day. Alfreds Mendota. drunk, $23 or 12'i days. Darlen Merrltt, drunk, $2S or 12l3 dayi. KLAMATH Crtl'MV niS I HK T COI RT JamM nay Goin. fail drive Hcht ilfle. tin bail forlHrri Kenneth Dale Vanusdull, Inadequate muffler. $7,311. flawnnnd Calvin Day. violation b ilr ttile, $7 3D. Prrry Everett Whetstone, group axle overload. 3:i. Jamen Loyd Hawkin, violation ba tlc rule. to. Charles Otis Overmlller. excemlve width. $3. Rennet t Wayne nnbertton, violation batc rule. $11 .Ml. Theodore Lerov PurklnRham, viola- lion basic rule. $7 30. Donald Willard Cox, excessive height ll bail nrfeiled. Donald Willard Cox, exresstve width. $13 hall InrfeitrH. Allen Lee Brown, violallon basic rule. $7 30. Seaborn Lvnn Arnold, violation ba sic rule. $7 3(i. Earl L"sler Keonertv. fail lo furn ish Information at ccnc of accident $HKi One Virgil Stratton. violation ba Ir rule. $fl 3d Donald M.inihed Eklund. no nop light. .v Max Elliott Lfttii, viola t mn basli ruie. n n" John Biihert Tool, violation basic Joste BolwriBht (ollowmi loo eoe ly, 7 3(1 hail fnrfeiled James Orvilte Hopkins, latl rtipla tti nlili., tin Thomas Mnisan Roner, fail yield risni oi way io prnesirian. m, Georae Rudolph MeConnick. VI mn oasic rnie. 7 .w Otto Charlei Ludwif. violation bslr Army Reservists Back From Camp Ninp'orn Army rrscrvists of thr 733rd Ensinons recently rrturnni lo Klamath Kalis frnm tun weeks of summer ti amine at Kord Old. Monterey County, California. Commanded by Hiwenc Captain A. I., (iordnn. members of the unit participated in exercises (or defence asaiiW nuclear attacks and guerilla intittiation. The cmltan reeritji also wit nessed a demonstration of the Army's latest weapon. Kip days uoie devoted to train Ins personnel m the maintenance find supply n crummmij eqaip nient in field areas. Hesene Lieutenant? T L. Mc Daniel and .1 A, Moehtus served us training olficcr and executive Officer, respectively. R 1). Mor rison was first seiceant. 11 KRI'ST HATK I T WASHINGTON ilTl' - SenaK House conlerces nieed edne day on a compromise hill to mi Ihe interest rate on snvernnient loans to small businesses troin i to 5V per cent. I nder the com promise, the new interest rate would apply only in the federal portion of the money made avail Able by the Small Business Ad ministration and private Undcis 4 , r Vi 4 -Vj ,.: Former Korea Waif Now Planning To Enter College QUINCY, 111. (AP)-It's hard to believe lhat nine years ago Joseph Anthony was a ragged, dirty hungry boy of the streets in Seoul, Korea. Today, at Id, he's a pleasant, rcholarly young man, preparing to take his oath nt U.S. citizenship and to enter Quincy College in the fall. "Oh. I'd have become a full fledged citJ7.cn long ago," he sajd. "But the law requires that an immigrant reside in this wonder ful country five years before he may be naturalized and that is wise. loe was a hard-bitten, veteran r.igamuffin when he encountered American soldiers and fell in love with the United Slates nt the out break of the Korean War. His American dream began with kindness of an Army ser geant who fed him, and was nur tured by the good will he found everywhere doing odd jobs for soldiers and eirmen. Ols trans lated his name Irnm Shu to Joe, or, more often. Little Joe. An Air Knrce colonel smuggled him to Japan, where a chaplain. the Rev. Donald Werr, took charge of his fortunes. Falher Werr, now assistant to the president of Quin cy College, gave Joe his last name in honor of St. Anthony, patron of Inst objects. He prepared Joe for coming to the United Slates, and hundreds of servicemen helped. nday, Kalher Werr is Joe's legal guardian. Joe spent the first year of his residence in the United Slates as h citizen of Boy's Town, Neb. He has lived in Quincy for the last four years. Mr. and Mrs. Rudy Here are 59 reasons why Chevy s '58s biggest seller! 58 reasons would have rounded things out nicer, we admit. But the extra reason is the most important of all voi.' We invite you to look over all of these fast-selling features. But if you're like most people we know, you'll just plain like this new Chevy and that'll be reason enough to want one! 18 poirrr tcamx! No other rar olTors mrh a wirlc choice! Thorn arc six sweot runninK cnKinro and tour smooth-work-iti)! transmissioiiR. And you'll find each of thf 18 power Ican-.n is available on even- model! A.r Ccn.i lioiing-t.r.ro'vei Sec 410 So. 6tS. St. Miller, friends of Falher Werr, have provided him with a home. He graduated from Notre Dame High School May 30 in the upper 5 per cent of his class and won a scholarship from the Adams Coun ty Medical Society. Joe is polishing up a ino.nno word book. "The Boy from Ko rea," which lolls his slory. He has talked on freedom and citizen ship before 52 high school audi ences, and won fifth place this year in Ihe National High School Oratorical Contest. And what does Joe think of his adopted country? "I now hear church bells instead of fearlul machine-gun shots," he says. "1 read newspapers instead of propaganda leaflets. I speak Ireely instead of hesitantly, I walk with pride instead of sus- nicion. I live in a home instead of a hul. I eat three full meals instead of two soup meals a day. "I experience laughter instead of tears. I know kindness instead of hitterness. All these and so much more make up the voice of iH'inocracy inai is tonsjanuy maK- ing a neep impression on me. Drastic Reductions on Linens, Housewares, Hose ANNUAL STOREWIDE Clean-up NOW IN PROGRESS Klamath'a Specialized tlept. Store YOUR STORE - 721 Main Chevif-s pricfd lotrcd of the low-priced three. You'll find eicht lonR, lively Chevrolet VR's and fix even lower priced 6's that i A i Mil cost less than any comparable models in the low-priced three (based on list prices). tone color-keyed fabrics j BRIGHT NEW Li COLORS ,1'.T BRAND-NEW SUSPENSION SYSTEMS Takt your ptck nU nne Full Coil suspttision ... or a teal air ult.' ofi o em'-w all wif comfort. C-i your local authorized Chevrolet dealer DUGAN-MEST CHEVROLET COMPANY Klomoth By KI.MRR C. WALZER I'PI Financial F.dltnr NEW YORK U'PIi-Downon loor t'.. Federal Reserve Bank of 'ew York vaults. 85 feet below he street level there rests on olid rock S.nnn Ions of solid, shin ng gold valued at more than i7.VKI.lHKI.nilU. Just one look at this vast for line, which is 42 per cent of the nld ownfd by nations of the free .orld outside of the U.S makes me shout: ' t- "Gee, I wish I had a bushel of ?nld." And well you might make -that wish for a bushel of gold would Big Game Political Hunt Goes Back Some 25 Years WASHINGTON (UPI) To match Ihe big game political hunt in which presidential assistant Sherman Adams is the unhappy quarry, it is necessary to go hack nearly 25 years to the era of the Kingfish, the late Sen. Huey Pierce Long. The year was 1M5 and the man for whom the Kingfish went hunt ing was James A. Farley, chair man of the Democratic National Committee and postmaster gener al in Franklin D. Roosevelt s cab inet. The similarily between the Ad ams and Farley hunts is limited strictly lo the fact that each of ihe hunled was so big in the ad ministration in which he served that disgrace might well ruin a President and disrupt a party. The ruin of FDR and suffoca tion of Ihe New Deal parly, then a-horning, was precisely what Huey had in mind, lie was plan ning soon lo run for President himself, and needed to cut FDR and the New Deal down to size cpiration of his campaign was in much simpler language. Alter his baseless charges had been refuted and rejected by the Senate, Long remarked: "Jim was the biggest rooster in Ihe yard and I thought if I could break his legs, the rest would be easy. Easy it might have been, loo, in those days ofi' bleak depression for Long lo have parlayed his every - man a - king share the- wealth ballyhoo into a pnsitinnn for himself of great political power. He already possessed millions of fol lowers including much of Ihe luna tic fringe. The Kinefish's strategy failed he cpuse there were no strikes on Farley." neither questionable gifts nor free lodgings, nor anything else. The Senale cleared Farley GUARANTEED Vacuum Cleaner REPAIRS Specialized Service on all Makes! Parts, Bags, Filters In Stock Free Pick Up and Delivery Dean's Stark's 122 So. 9th TU 4-7193 Sn i'Vf Uu -putd car ki'CJvty's pU-umc .'."i.ir, ttntiptirs. pftitslvd i a . S-iffty Plate Class a!! anurni: BIG flSHER BODY FINE POINTS Took iIicm- femur.', mrr nnr lv one at ynnr Chrvrnlrt dealer' Ihrn n.l.l litem np. Yon tixi then decide jon iirl Ihr lni on the hct viler! o d"o(tmtieM Falls, Ore. he worth $746,7im nearly thre quarters of a million dollars. The federal reserve doesn measure gold by the bushel. Th measurement is in Iroy ounci and Ihe price set by Ihe U.S. i $35 per fige ounce fine ounc means pure gold. The Fed store up gold bars smelted at the Ne1 York Assay Oftice. F.ach is Ih size nt a best-seller novel, weigl ing 28 pounds and worth S14.000 But everybody knows what : bushel of potatoes or a bushel o wheat looks like, so we'll Irans late the gold lo lhat measure Just in case you think you coule carry one off, the weight of r bushel of gold would he 1.493 Long's own account of Ihe in after committee consideration of the charges and a written response by Farley lo every question Long had raised. But, if Long's strategy failed his political thinking was pvetty good. If he had brought rarley down on charges of corruption, or even of gross imprudence, much of the prestige of the Roosevelt ad ministration and of the President himself might well have gone down with the postmaster general and party chairman. Farley was, no doubt of it, the biggest rooster in Ihe yard, excepting only FDR him self. There is no doubt, eilhe , that Adams is the biggest rooster in the Eisenhower administration next, of course, to DDF.. If Far ley's disgrace would have shorn FDR and his administration of its prestige, so Adams' disgrace would shear the Eisenhower ad ministration. The necessities of politics vary, of course,-with time and the cast of characters. Nothing short of driving Farley from Ihe cabinet as unfit would have served Long's self-serving purpose. Long was a Democrat crusading against an other Democrat and he needed an official "kill" to score at all. It is a Democratic committee of a Democratic House of Repre sentatives which harasses Adams. The Democratic majority need not be committed to driving Adams from his White House office. With a campaign coming up, presiden tial assistant Adams in Ihe While House could be more valuable to the Democrats than private citi zen Adams way up there in New Hampshire. Anyway, that is the way a lot of Republicans figure it, especial ly those who will be appealing this year for votes. DANMOORE HOTEL 1217 S.W. Morrison St. Portland, Oregon All Transient Guests. All' those who come return. Rates not too high, not low. Free Garage, TV's and Radio's. Reputation for cleanliness. Reservations by L.D. Fone refunded on request upon arrival. Th Impolo Soorl Couoe wilh Body by Fithtr. Bvtry window of very , Chyy H Saltiy P'a'? Glass. AUTOMATIC DRIVES Tait a chniet of smwthr. y-or TurboRlida', th ftn.'v tripU'turbint irant. mitsirn in CV mlet's fitM! America's best buy America s test seller I ,4 Phone TU 4-3101 "unds avoirdupois. i OREIGN OWNED The gold at the New Y ork Fed ould fill 10.044 bushel baskets. ! is earmarked (or foreign na ons that is it is set aside in ubicles for each nation in the mounl each owns. The Fed will nt reveal the nations or their old holdings any more than a ank would reveal the names and mounts held for its depositors. These foreign nations have been luilding up their gold supplies md they've been buying it from he United States which is always eady to sell gold lo nations of he free world at $35 per fine mnce Iroy weight. So far this year, the various na tions have bought $i,4fi8,oon.oon of our gold. We si ill have $21,306.- noo.nno of gold. We slill have more than $12 billion of this rests at Ft. Knox, Ky. Thai's all the fort can store. The rest is at the New York Assay Ollice and Ihe mints at Philadelphia and Denver. Our economists and bankers say the withdrawals of our gold are of no real difficulty for us. and they are valuable for Ihe for- c'gn nations which are building up their gold and dollar hoards! the belter to run their banking1 systems. PLENTY OF IT At the same lime these bank-i ers and economists are writing orl talking thousands of words about lhat gold leaving the country so that one wonders if the nation ght not to do a bit of worrying to find out what it's all about. The hanking experts point out that Ihe lime for worry still is a long way . off because we slill have a great deal more gold than we need to hack our currency. The real slory behind gold is it's traditional value as a backing for world currencies. Even the Rus sians revere gold and they are said lo be mining it like mad. probably for the uranium that comes out with gold in many Darts of the world. Gold has always been well re-' SUDDENLY . IT'S AND HERE ARE SOME IDEAS LOOK AND FEEL "FRESH AS HOT WEATHER! FOR SKIN BEAUTY DEODORANTS i i y FOR FRESH UP FOR HAIR BEAUTY -FOR FRAGRANCE - BUY THE LEE 2212 S. 6th Sr. sarded since the ancients discov ered it thousands of years ago. It is beautiful, never loses its lus ter and is practically indestruct ible. This vast array of the yellow melal at the Fed could well be made up of gold from the palace o King Croesus of old. It mav contain melted down ornaments that once graced the neck of Cleo patra or many another lady of nisiory. it could contain the jew elry that Queen Isabella offered to sell to finance Columbus' trip io discover America. There is talk that the foreign nations presently do not trust our dollar and prefer gold. But they do trust our stewardship of the gold here in impregnable vaults of the Federal Reserve Bank of .New mV. IPFREE Pad and Installation To Celebrate Our Appointment At Exclusive Mohawk Carpet Dealer in Klamath Falls, We Will Include . . . LAYING CHARGES - FREE (Including feckless stripping) Plus our reguler 40-oz. MOHAWK PAD -FREE With Any Wall-to-Woll Carpeting or Roam-Sit Riigl Purchased from our Regular Stock. Hurry - This Terrific Offer Will Not Be Repeated!! NO DOWN PAYMENT 3 YEARS TO PAY! BUSH FURNITURE CO. Next to Willard Hotel Open till 8 p.m. ,eaeh evening 2.00 Tussy 85c Tussy BOTH DESERT FLOWER BEAUTY ICE THE MOISTURIZER THAT TIGHTENS PORES REVLON HI AND DRI 1.10 HI AND DRI STICK DEODORANT FOR M.cN 43c Mum Deodorant and Simulated Pearl Necklace. BOTH FOR 63c BRONZTAN CREAM 1.00 BRONZTAN LOTION 1.25 REVLON SUN BATH 1.25 TARTAN CREAM 69c & 1.10 SEA AND SKI 69c & 1.10 DUBARRY TAN TIME ..." 59c SUN 'N SURF 59c & 98c DUBARRY SKIN FRESHENER 1.75 Size for 1.00 Wash 'N Dri Pads 49c REVLON LIVING CURL 1.50 2.00 TUSSY SHAMPOO 1.00 INTIMATB SPRAY MIST 3.00 AQUAWARINB SPRAY MIST 2.75 WHITB MIST TOILET WAT BR PERPUMB & ATOMIZER 4.79 VALUB FOR 2.50 ALL PRICES PLUS TAX LO-WAY, ON THE HI-WAY HENDRICKS "YOUR NEIGHBORHOOD DRUGGIST" A New Policyholder Eiery 22 Seconds Let me show you why sa many are insured so often by State .Farm Mutual You'll be glad you did. STANLEY BROOKS 631 So. 6th Ph. TU 4-3262 ftili Fim WrU Meat kwwi Cntiff Home Met- Only 17 Days Left . . . . TO HELP YOU A DAISY" IN Moisture Lotion Powder Compact FOR $2.00 $150 I 1.10 TU 4-4321
