Herald and news. (Klamath Falls, Or.) 1942-current, August 05, 1958, Page 6, Image 6

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    PAOE SIX
HERALD ANT) NEWS. KLAMATH FALLS. OREGON
Tt'ESDAY. AUGUST 5. IBSg
FRANK JENKINS
Editor
BILL JENKINS
Managing Editor
FLOYD WYNNE
City Editor
MAURICE MILLER
Circulation Mer
Ph TU 4-t7S2
Entered as second class matter at the post office at Klamath Falls.
Ore, on August 20. 1906, under act of Congress. March 8. 1379
SERVICES:
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liiditPiidpnco?
By BILL JENKINS
It son-climes seems to me that
the American people have quit
cherishing independence as a per
sonal state and have substituted
worship of the demi-gods of tele
vision, motivational research, the
American League, non-fattening
beer substitutes and a few hundred
other modern obscenities instead.
Plus the fact that we have be
come a nation of neurotics whose
principal aim in life is a paid up
annuity in the Garden of Eden by
age 40 and whose greatest fear is
that we might slip up somewhere
and bring down the wrath of the
boss on our heads, thus endanger
ing this lively dream of paradise
on earth.
If you don't think so just try to
get a yes or no answer out of the
average man on any matter per
taining to his business. A little ex
perimentation will prove, I'm sure,
that eight times out of ten you'll
gel the old stall until he hat1 time
to clear his answer with the pow
ers that be, e.g. his immediate su
perior. So firmly entrenched has this!
Idea of security at any cost be
come that we are mighty likely to
lose not only our independence but
our lives as well. The Spartan life
is a thing of the past and Spartan
thinking is becoming unfashionable.
It might offend cither the boss or
the neighborhood group and knock
a gold star or two off your secur
ity chart.
Along with this feverish attitude
toward security has grown the na
tional attitude of littleness. The sort
of attitude that leads men to think
of individual effort as useless. If it
Isn't done by a group with a name
then it isn't worth doing at all. All
of which, of course, leads up to the
Inevitable conclusion that it will be
best to let them, whoever they are,
take care of it. This is known as
the theory of big government. I
suppose it is a perfectly natural
reaction since playing possum is
always easier than fighting back.
Or running.
Next to playing in traffic I sup
pose it is the most dangerous pas
time we know today.
I for S50 each while still a student
at Dartmouth. After graduation
he clicked with the slick paper
magazines, worked on a dozen
film scripts, then hit big with his
first novel, "What Makes Sammy
Run."
The film version of a later
novel, "On The Waterfront," won
an Academy award.
Schulberg, a man with a vast
appetite for living, likes to work
hard and play hard. His prodigi
ous researches have made him
acquainted with enough rogues
and rascals, caught and uncaught,
to overflow Sing Sing. He goes for
the off-beat character, whether
the guy's a prisoner, prince or
prelate. (
"Sometimes 1 don't know wheth
er the research I do is really
work," he said, "or a form of pro
crastination to delay the actual
writing.
"But I'm pretty fast once I start
writing. I write my first draft in
pencil on one of those long yellow
legal pads. In fact I'm blocked
without one can't write until I do
find one."
Budd makes corrections in his
second draft, which he turns out
on the typewriter. Then he makes
interlinear changes in it before
having his third and final draft
typed.
He turns out about 5,000 words
a week when things are going
well, "but it's hard to keep up
that average.
"Balzac wrote from midnight
to dawn," he remarked, "But I've
come to like more usual hours. If
I don't have something going by
mid-morning, I (eel frustrated."
Here is his advice to a begin
ning writer:
"Love or hate something. Learn
as much as you can and crystal
lize your own attitudes so you
won t imitate anybody else.
Then take the thing you know
the best and feel strongest about
and write it in your own way. If
you don't feel strongly about any
thing, you probably won't be able
to write well about it."
If we elected a two headed calf
to the government (and we probab
ly will one of these days) there
would be a distressingly large pro
portion of the population who would
be perfectly willing to let it make
their decisions for them.
It looked for a while as if the
gigantic strides being made in the
field of medical research would
turn up cures faster than we could
find diseases to match them with.
But human nature came to the
rescue and today the only disease
that the average man has much
fear of is known as stricture of the
bank balance.
To date no cure has been found.
But men are still trying.
And if laying down and Inline
the government assume your sense
of independence lor you is any use
at all it would seem as if we are
just about to achieve the national
and independent security that has
been sold as the salvation of the
20th century.
Either that or a condition known
as being dead.
And maybe there isn't much to
choose between the two.
frcnlivc Writing
By HAL BOYLE
NEW YORK (API What
uie main prooiem ot a creative
writer in this country'.'
"It's the pare of American life
Itself, said Budd Schulherg
It s so easy to tot distracted
Fiiiniicc I'roltlViiis
By SAM DAWSON
. AP Business New Analyst
NEW YORK (AP) The' U.S
Treasury's financing problems
and the growing belief (hat a new
round of inflation is starting have
brought the yield on bonds today
strikingly close to that on stocks.
That is. bond prices have gone
down, making a return on their
fixed interest rales higher if
bought today. And slock prices
have gone up while corporate
earnings were falling and dividend
payments were mostly static or
dwindling, making a return on
stocks at today's prices smaller.
Traders in slocks and bonds are
disturbed both over the growing
belief that inflation is inevitable
and over possible effects on the
money market of the steps that
the Treasury, aided by the Feder
al Reserve Board, may have to
take in the months ahead to fi
nance the growing federal debt.
At first the U.S. bond market's
troubles were blamed on specula
tors who bought on slim margins
hoping for a quick kill. When the
price of newly issued government
securities, which they had thought
were priced below the market,
went dow n instead of up, they were
torced to sell at a loss, further
upetling the market.
But some observers are looking
for more far-reaching causes.
They cite the Treasury's suhse-
But the National City Bank of
New Y'ork points out today in its
August bank letter that the Fed
eral Reserve held many of the ex
changed securities and had bought
more of the old ones just before
offering to help the Treasury.
Counting out the securities held
by the Fed, which automatically
exchanged for the new, 29 per cent
of those held outside the system
were turned in for cash.
And the bank adds that the Fed
also bought more than a billion
dollars of the new offering from
outside holders on a when-issued
basis, which are being turned in
for the new securities. The bank
figures this brings public holders
demanding cash to 42 per cent of
their original holdings.
Out of this came renewed down
ward pressure on bond prices,
both government and corporate
and hence higher yields at today's
prices.
U.S. government bonds are the
safest in the land. They will be
repaid in full. But the bank points
out that in times ot creeping in
flation the fixed return on bonds
looks unattractive to those who
see the market value of the dollar
receding.
The rise in stock prices last
week owed some of its umph to
the turmoil in bonds perhaps
more to belief that government
deficit spending means more in
tlation. egged on by some recent
price rises and by a hoped-for up
surge in business this fall.
Normally when the bond and
slock yields get this close, many
investors switch to the safer
bonds. But the fact that still more
U.S. securities will swell the mar
ket supply, and belief that infla
tion may erode their returns,
causes some observers to feel that
this may not happen so markediy
this time.
The bank notes as the core
problem "getting federal govern
ment expenditures and financial
commitments of every type under
control." It holds, "It is not fair
to ask anyone to buy bonds of a
government which seems to be
embarked on deficits as a way of
life."
Many will dispute the bank's
views, but that'i how it feels
about it.
pact countries to preserve their
pro-Western governments from in
ternal overthrow, if requested to
do so. just as the United States
moved into Lebanon upon request.
What will be the effect of Amer
ican partnership in the pact? It
can be stated on excellent author
ity that the Eisenhower adminis
tralion feels there will be a good
psychological effect, perhaps more
important than any practical ef
fect.
This would seem to mean the
administration believes the pres
ent pact countries, friendly to the
West, would, with American part
nership, be strengthened against
Soviet pressure from without and
subversive efforts from within.
But the Arab nations with
the exception of Iraq prior to its
July revolt have been hostile
to this military alliance on the
northern fringe of the Middle East
sitting just above the Arab world
And the Soviet Union, of course,
was and is violent in its denuncia
tion of such a military alliance
on. its southern frontier. This can
be understood.
It's not hard to imagine the re
action in this country if the Sov
iet Union had sponsored and
then joined a military alliance
of the Latin-American countries
just south of the United States
from Mexico to the ' Panama
Canal.
An agreement between the Sov
iet Union and the West to ban
arms shipments to the Middle
East has been mentioned as one
way of preserving peace and some
stability in that area.
Such an agreement now seems
impossible.
Before the Soviet Union agreed
to a ban on arms shipments to
the Middle East it almost certa:
ly would want the pact countries
in the area just south of it
Turkey, Iran and Pakistan
eluded among the nations which no
longer could get arms.
But how can this country, after
virtually joining the pact, now do
an about-face and, even at the
price of getting peace in the Mid
die East, agree to an arms em
bargo that applied to its new pact
partners?
Pogo
f 4Av TO SLPfOr
PEBCMAHCE TO ORB AM ; (
T.A-5
MAKE5P
THAT AST
qucnt refunding of a little more
1 than IB billion dollars of matur
ing government securities. The
j return on the new offering seemed
' ripht , but the Treasury says that
holders of around 2 billion dol-
Too many things' going on Ton. rs askt,d (or cash in-lead- This
many phones rincinc. You hai"5 " lr CPnl 01 ,h" total
to find a place where you can dig
in and be alone."
Budd. a strongly built, gregari
ous fellow with a face like a
friendly grizzly bear, has a pace
of retreat. It's a small beach
shark at Sarasota. Fla.
But he has had no time for
privacy since he and his brother.
Stuart, teamed up as movie pro
ducers, following the family tradi
tion established by their noted
father. B. P. Schulberg. a Holly
wood picture pioneer.
Their first rntii.-e. -Wind
Across the Everglades." is the
until nnu untold story of the rrne-
gade plume hunters in Honda's
watery Ironuer wilderness. They I
plan lieu year to nuke a film on!
the capture of t- R, maren
Bridge arrms the Rhine in the
last World War
"But I wan' to krt-p on wn-irg "
said Budd. who is cjrre'-'.lv wo-ii-i
lng on a R.oari;ty p.-rjction (i
one of his rrl.er r.o-.c. ' Tr
DiMDrhantrd "
Budd is a writer r,o rtr r.i!
known real hunger htmiel!. ii
though he has written often aSc.ji
people who aie hungry for some-,
thing whether it he for
power or love.
He sold t couple of short stories j
H'BglMlml Pact
By JAMES MARLOW
Associated Press News Analyst
WASHINGTON (API-American
treaties with other countries cir
cle the globe but. the latest com
mitment to the Baghdad Pact
can by itself be a stumbling
block to any real settlement in
the Middle East.
The United States helped create
the Baghdad Pact which was
born in 1955 but has avoided
becoming an outright memher.
The members were Britain, Tur
key, Iran, Iraq and Pakistan.
All but Britain lie across the
southern Soviet frontier. The pur
pose was to unite them in a mu
tual aeiense agreement against
any Soviet attack. It would also
serve as a military wall against
Soviet invasion of the Middle East
We supplied arms to the pact
countries, but stayed out of actual
membership. Then the July revolt
in Iraq all but ended that nation's
participation. It probably will pull
out. This brought the whole ar
rangement to the edge of disaster.
lo avoid collapse of the pact
Secretary of Slate Dulles last
week signed an agreement com
mining the United states to de.
fense of Iran, Turkey and Pakis
tan. This in effect made the Unit
ed States a full-fledged partner,
although still technically not a
members. Thus the wall against
the Soviet Union was preserved.
Presumably the United States
could move into any one of the
SA A PATHS Of lVsVZX
1Mb AMERICAN I SAM
REVOLUTION v.avt iJixUattf,
That vv 9srt
XANKf t
vooeit.
: ewv. a a counts,)
9 ercs wes cr
e v v. --a cc4"rs.t
, s
( ccsts-v tec )
nr m
llrokoii Ilpnrt
By EDWIN P. JORDAN, M. D
"Can grief, worry or despair
cause death as the result of
"broken heart?"
Most of the references I have
seen to this question have not
been in medical books or journ
als, but rather in romantic nov
els which tell of some young man
or woman disappointed in love
who died of a "broken heart.'
I doubt that this can occur. If
a young person dies from heart
disease after a disappointing love
affair, he or she probably had
the heart disease before the love
affair.
But I do not want to be too
rigid about this because the emo
tions do influence bodily functions.
In one form of heart disease, an
gina pectoris (and possibly in
others', emotional factors certainly
can bring on symptoms of disorder.
For example, one leading phy
sician who had angina pectoris
himself many years ago is said
to have stated that "his life was
in the hands of any rascal who
chose to annoy him."
All this has been brought on
by a 70-year-old correspondent
who wrote that she has had a
heart condition for the past eight
years which she was told was
"broken" heart which has "mend
ed." However, she adds that she
sometimes has chest pains which
are relieved by taking nitroelvc-
erin.
u seems almost certain, even
at a distance, that this good ladv
nas angina pectoris.
Angina is a symptom resulting
trom a narrowing of the coronal
arteries supplying the heart. Pa
usually does not develop when the
person is resting or exercisinc on
slightly. It comes on when the heart
musrie is working harder and
needs greater quantities of blood
Thus someone who has angina
pectoris nas to learn how much
exertion he or she can take with
out producing the pain.
It was often thought that a per
son with angina pectoris could not
live long and could not avoid se
vere suffering. Both of these be
liefs have proved too pessimistic
Most angina victims, if they get
proper care and adjust their act
ivities. can enjoy hie as much
as before and have little discom
fort, and that only rarely. Furth
ermore. the outlook for life is
not nearly so dismal as was for
merly believed.
In addition to the better out
look which is now rerncnr-H
methods of improved management
are being developed.
Tne amount and kind of exer
cise can be closely adjusted to
the patient s ability. This is made
possible in part by the newer
methods of finding out how severe
the underlying trouble really u.
VTTRUS.VOU OL' l&fe
VOU ?..' HOSS TWIE
MOWS THE OL'.'.'
Theyli Do It Every Time . By Jimmy Hatlo
fcOrf,
VlTRUS 4MD
FUMSUS 4L.VV.4yS
6SEET E4CM
OTHER THUS"
THE WOPSE
NJMES THEV
CJLL EACH
OTWEP THE
BETTER THEV
LIKE IT-
' WELL. VOU &!!&
IT, . l vooytso .',' 'v
ZhE CALLED My TE4M)Cot BUNCM OP pSntV- f
A LITTLE
LATER - THEM
THE RJM
BEGINS
WONDER
IVH4T COULD
HJVE dUSED
IT. -
TW.IMX AMO A TIP
O" THE M4TLO HJT.
EeRkowiTz
TO .
2. -f
5S-4 50?reNAE.
KtpNTCEJL,
California Weather
United Press International
San Francisco Bay region:
Fair through Wednesday but high
fog near the ocean night and
morning: little change in temperature,-
high today in San Fran
cisco 72, Oakland 80, San Mateo
83 and San Rafael 85; low tonight
55-60; westerly wind lighter than
normal.
Northern and Central California
Fair through Wednesday except
coastal fog; little change in tem
perature; coastal wind northwest
erly 8-18 m.p.h.
Mt. Shasta-Siskiyou are: Fair
through Wednesday; little change
in temperature.
Sacramenlo Valley: Fair
through Wednesday; continued
hot: high both days Sfi-105; low
tonight 60-R8: gentle winds.
Northwestern California: Fair
today tonight and Wednesday ex
cept coastal fog: little change in
temperature: high today and low
tonight at Napa 89 and 57, Santa
Rosa 89 and 57, Ukiah 100 and
60; wind near coast mostly north
westerly 8-18 m.p.h.
SAN FRANCISCO (UPD Fair
weather will continue over North
ern and Central California today
and Wednesday except for coastal
fog and scattered afternoon thun
dershowers in the Southern Sierra,
the weather bureau forecast to
day. A large high pressure system
which extends inland through the
Pacific Northwest continues to
produce fair weather in California
except for the usual coastal fog.
The mercury topped the 100 mark
Monday in the Central Valley and
in a few of the hotter sections of
the coastal valleys. Red Bluff and
GLADS
75
e
I Per
2Doi.
Cash & Carry
SUBURBAN
FLOWER
TU 4-8188
3614 So. th
Sacramento reached 102 and Paso
Robles 104. San Francisco had 68,
San Jose 87, and Santa Maria 71.
In Southern California Los Angeles
recorded 84 and Santa Barbara 72.
Not much change is seen in Cali
fornia weather through Wednesday
and probably fair weather will
continue.
STAR SUES
HOLLYWOOD (API Copyright
infringement is charged by actress
Lana Turner in a 8200.000 dam
age suit against two Hollywood
writers. The suit she has filed
against Terry Allen and Don S.
Allen claims they rewrote a West!
ern screen play she purchased,
"Listen for a Bugle." and turned
it into a novel entitled "Ambush
at Bgffalo Wallow."
Dr. Harry R.
Scribner
Optometrist
New Location
822 Main Street
TU 4-7203
Hours 9:00 to 5:30
Monday thru Saturday
Choose
NALLEY'S
POTATO
SALAD
for homemade goodness!
' Made with Real Mayonnaise
KEEP IT HANDY!
JUST OPEN
THE CAN
,Lj.
Kslley1
's. fat lacuna, WasMjijtaa :
j 1930 J 25 TON MILES fMSM,
PER GALLON '
r-f
1958 43 TON MILES j
PER GALLON
1 f yQS
Today's gasoline has far more value. An
accurate way to measure this value is by
'ton-miles". . , the number of miles a
gallon of gasoline will move a ton of car.
Average performance in 1930 was 25 ton
miles per gallon. Today it's 43 or 7075
more work per gallon.
Can you think of any liquid that costs
less than gasoline . . . except water?
Quart or quart, gallon for gallon, almost any Uquid you bxry casta
more than gasoline ...and gasoline performance today costs less
than it did in 1930.
PER TON
MILE
FmI cost pr toft-milt k down 18 since
1930. To irmvp a ton of car a mile took
vif worth of hirl. Modern (raoiims move
tnriay' heavirr car a ton mile for about
1 jr. When you irmemher you are buyim
performace, pajohne cnnu lew todav than
in 1930.
In spite of higher operating costs in the
oil industry. Rasoline prices have been
held down thmush research and interne
competition. Since 1930 the price nt
gasoline (eicluding tares) iw only 23"
During the same prnnd the general cost
of Imng went up 70"i.
Tne htm tm a tankM o gaaolhw wtwfd
buy between four and fire extra "Un-f roe
gallons. Combined state and federal taxes,
which help pay for better road, add
ahrnit 9e to the price of wn gaflon . . .
nearly 30 of your gacohne doflar iwrym
no gasoline at aJU
STANDARD OIL COMPANY OF CALIFORNIA ptms ahead to save you better