Herald and news. (Klamath Falls, Or.) 1942-current, October 16, 1958, Image 6

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Herald and news., October 16, 1958, Page 6, Image 6

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Newspaper Page TextTHURSDAY. OCTOBER 1(5. 1958 HERALD AND NEWS. KLAMATH FALLS. OREGON PAGE 7 A Three Mill Levy Endorsed By Klamath County C Of C A brief but informative review of the county's three mill road levy, up for renewal at the No vember 4 election, prompted en dorsement of the measure by the board of directors of the Klamath County Chamber of Commerce Wednesday. Francis (Van) Landrum said passage of the levy would continue a county road building program started 10 years ago. with five years of construction still ahead "It would be a shame to stop now that we're two-thirds of the way through." Landrum said, "cs pecially since most of the equip ment already is bought and we can spend most of the money on roads. , The levy before Klamath Coun ty voters is the same road levy that has been in effect for lb years, the time the 15-year road program was started. It first was passed in 1948, it was renewed in 1353, but it was defeated in the May primary election. If it does not pass next month, the levy in effect for 10 years will expire next June 30. Within Klamath Falls, Merrill, Malin, Chiloquin and Bonanza, Landrum said, half of the levy collected goes back to the citv f the levy fails, Klamath Falls stands to lose about $20,000, "which it would have to make up some other way." And if the levy should fail. Lan drum added, some other source of revenue would be required sooner or later. "It is better to spend a small amount of money now, he said, "where it is close and we can control it, than to face a big bi! or revenue bonds maybe five years later. A project that is "pretty much hinging on the levy," Landrum tolu his fellow board members. is chopping loose the congestion on south bixth Street. How great the congestion is. he said, is illustrated by a fact that the intersection of South Sixth Street and Washburn Way had the second highest traffic count in the stale. Ihe only point with more traffic is the south end of the In terstate Bridge in Portland. The board of directors, at its monthly meeting, also endorsed the city's park and recreation levy It took no vote on the proposed "home rule" amendment because its executive committee had pre pared no recommendation on the measure. Ten persons were nominated for five positions to become open on the lD-member board next year. All chamber of commerce mem bers will receive a printed ballot which must be returned by No vember 12. The nominees: Eva Cook, Fred Ehlens, Frank Hales, Jess House, Ralph Hanks, Ben Kerns, Jim Monteith, David R. Vandenberg Jr., Jim Wells and Jim Winde. Charles Schuss. chairman of the chamber's tourist and convention committee, was appointed to the board of directors replacing Mrs Josephine Kittredge, who moved to Lucene. Results of the board election will be announced at the board's next meeting, November 19. Also sched- ulcd for the meeting is a brief re port on OTI's rebuttal to the Flesher report, to be presented by OTI Director Winston D. Purvine By JERRY BENNETT N'EA Staff Correspondent ARLINGTON. Va. (NEA Vir ginia segregationists may double Better Term For 1960s Would Be 'Diamond 60s' By ELMER C. WALZER i "Mutual fund growth," says L'PI Financial Editor Wiesenberger, "has been re- NEW YORK (UPD The markably constant for the past 15 Closed Schools May Be Replaced By Movies?' Greeted More People nan Mny former ueaaer creasing number of teachers need- Carter explains that a state fund ed to operate Virginia's school raising drive could he held to fi syslem. nance production of the films. He The Carter plan calls for making believes any additional money LIVE AND FILMED TV and educational movies are being used or considered by several Southern communities whose schools are closed by disputes over racial segregation. coming decade which the experts have been calling tne golden sixties" might better be named the "diamond sixties" if one of Wall Street's outstanding experts is right in his predictions. Arthur Wiesenberger, senior rartner of the stock exchange firm that bears his name, has just issued a series of predictions that cheers the hearts of the staunchest bulls. He told the lead- Ine sa csmen of mutual funds: The mutual fund industry will have assets of more than $40 bil lion, and "at least" -five million shareholders by 1968. That's $28.5 billion more assets than today and 3.4 million additional share holders. "Over the next several years, barring a major war, we look for years at a rate exceeding 20 per cent a year. That is just about equal to the rate of growth of International Business Machines the premier growth stock. Continuation of this trend over the next ten years will bring us to a business of $40 billion to $50 billion, with more than five mil lion shareholders. We helieve these figures are well within the realm of possibility, but that they, too, may err on the conservative side." Wiesenberger listed four factors behind the "dynamic and contin uinc" Erowth of mutual funds: ."The good performance records of funds generally and the wide spread satisfaction of sharehold ers with their investments. "S o u n d merchandising of as movie producers in an effort to teach students whose public1 schools are closed to prevent in tegration. While live TV is being used in Little Rock, one possible plan in the Old Dominion calls for pro duction of a series of educational movies, The films could be shown to stu dents on closed circuit TV sys tems or with regular motion pic ture projectors set up in tempo rary, segregated classrooms. The plan is the brainchild of Charles W. (Nick) Carter, Arling ton segregationist and member of the state s Coordinating Commit tee to Maintain Efficient Educa tion in Virginia. This 19-man or ganization advises local groups that are seeking to maintain seg regation by establishing private schools. Lewis S. Pendleton, chairman of the committee, explains that edu cational films already in existence also could be used. He explains, however, that at the present time the plan is still in the specula tion stage. Carter sees his plan as much more than a stop-gap teaching measure. He believes it could be used when the integration crisis blows over to help reduce the in- might be obtained from funds ear marked for private school tuition grants. Virginia law provides lor giving grants-in-aid to pupils en rolled in schools that are shut down to prevent integration so they can attend private schools. Norfolk school officials, who are currently faced with school clos ures, arc thinking about using a stop-gap teaching measure like Little Rocks; A TV station in the Virginia coast city has offered to donate free time for education al television. School officials say they might accept the oiler so that high school seniors can continue to take courses required for graduation. They explain, however, that no: decision has been reached on how they would test the students. Norfolk has actually been try ing out limited school TV for the last year in a project financed jointly by city funds and the Ford Foundation. Dr. Franklin Dunham, chief of Radio-Television in the U.S. Office of Education in Washington, be lieves this experience would enable Norfolk to set up a successful emergency video school program He explains that at least a year of preparation is needed betore a station can produce a good edu cational TV show. By FRANK BRL'TTO VATICAN CITY (API - Medie val pomp and pageantry sur rounded Pius XII in the most im pressive ceremonies of the Roman Catholic Church. Yet no other pope ever received so many people as simply as he did. His audience, like those of his predecessor, Pius XI, were "a window on the world." No pontiff had ever looked so keenly from that window as did Pius XII. Pius XII established many rec ords. But the one for which mil lions will remember him in the i:r mediate years to come is this: He met more people than any other pontiff. The way was made easy for anyone who wished to s-ee him. He received more than 10 mil lion persons rulers and masses, audiences with pageantry, as when he received Princess Eliza beth, who was to become Eng- lands's queen. There were less formal, and informal special au diences, and great general audi ences at which humble thousands plucked at his sleeve or tried to touch his robes with rosary beads and crosses. He received thousands of GIs after Rome's liberation. He re ceived U. S. senators and con gressmen during those months and urged them to devote them selves to aiding people of less for? tunate nations. Twice weekly during the 1950 Holy Year, general audiences were held in St. Peter's Basilica. Sometimes even the 'world's big gest church could not hold all the pilgrims. His uncommon touch with the, common man was evident. "Excuse me if I made you wait a little, he said one day. The people, hearing this use oi the familiar first person singular instead of the formal "we," were astonished and silent. A moment later, Pius established easy com munication and the play of an swers and questions was under way. During the Holy Year, Pius All gave some 1.500 hours to mora than 6,000 audiences of all kinds. He spoke on subjects that ranged from philosophy to smoking. "You are surprised that we should receive you," he told a tor bacco workers' congress. "But why not? You represent a large section of workers. That is reason enough." movies of instructors that show1 them teaching various basic sub-; jects like English and science. A complete series of films would be made of each course. Then the films would be tele vised or circulated among schools j for showing on classroom motion picture screens. Carter explains that subjects which had been, filmed would not be given to pu-j pils each day. j Instead, students might watch a filmed English lesson one day, a math lesson on the next and a course in physics the following day. The rest of the school day schedule would be filled with exams on the movies and courses for which no films were available. Carter believes his system would he a boon for teaching stu dents in emergency private school facilities. He says that the lim ited amount of teaching space available after a public school closure might prevent dividing the pupils into small classes. But the use of films would al low a large group of pupils to be taught at one time, lie explains. The main duties of teachers ir these movie classes would be t( supervise the pupils and grade ex animations. . , -i f ouu a uow-uoma ..iuui. m " : f, ,nd shares through many new at least 50 per cent higher than , rtif(prpnt techniaues and an the recent record high." That would mean an average of around 810 instead of around 540. There will be a sales force of around 50,000 in the field by 1968 selling mutual funds. That's 30,000 more than today. Wiesenberger is considered an authority on mutual , funds. Each year he publishes a big volume. "Investment Companies," called In the trade the bible of the mutual fund industry. Four years ago in the 1954 edi tion of "Investment Companies" Wiesenberger forecast $10 billion of assets for mutual funds oy 1960. His figure, at first termed In some ouarters as "unrealistic" or "prejudiced" was surpassed by the end of 1956, Nineteen KF Men College Pledges Nineteen Klamath Falls men, stu dents at the University of Oregon and at Oregon State College, were among the several hundred pledged by fraternities during fall rush week. School pledges and fraternities follow: University ot Oregon, Thomas Sander, Alpha Tau Ome pa: Tom Ankenv. Phi Delta Theta; Steven Rccder, Phi Kappa Psi; David Robinson and David Vin son. Sigma Phi Epsilon; Raymond Bouvier and Michael Granas, Tau Kappa Epsilon. Oregon State, Julius Reynolds. Alpha Tau Omega: Hugh Swaney. Beta Theta Pi: Don Leach, Leon ard Oldson and Norman Ward. Delta Chi: Clarence Adams, Delta Tau Delta; Ivan Pankey, Kappa Delta Rho: Joseph Luczycki, Phi Kappa Sigma; Gilbert Baker, Phi Sigma Kappa: Richard Day and Michael Propst. Phi Epsilon, and Mike O'Hair, Sigma Pi. TOO MICH SWEETS NEW YORK ( LTD Mazistrate A. Lawrence Acquavella Wednes day ordered Miss Yetta Klausner to stay away from the Central Park Zoo. Zoo officials complained that she was thrcwing their orang utan Katy off her diet with offer ings of cupcakes. French pastry and chocolate bars. ever-expanding sales force reach ing more deeply into every corner of American life. "The continued vigorous growth of the American economy leading to mounting stock price and higher investment company assets. The increasingly widespread belief in the inevitability ot inflation." Wiesenberger holds mat increas ing awareness oi me um in evitability" of inflation has brought wealtny inoiviauais aim institutions into the stock market. "They will be followed in due course," he said, "by the rank and file and we will see a stock market that may dwarf in volume and vigor anytning oi recent vint age, i "True, no one wants inflation, but how to avoid it and still ac complish the dedicated aims of the welfare state is the $64 oil-1 lion question to which no one has found an answer. "We see nothing on the horizon to hold back the expansion of our economy or forestall the upward trend of stock prices. We confi dently expect an environment that will generate more and more in come and therefore create more and more prospects for mutual lunds." HURRY! Fabulous 1e SALE Ends Sat. Nite Woods Drug Medical-Dental Bldg. THE LOG CABIN Now Open Saturday Nights Only For Parties Phone TU 4-4556 CONTINUING OUR POLICY TO MAKE WEEKEND SHOPPING VERY WORTHWHILE! """""It. o o COO OOoOt-i 00 0(qC) 1000 YARDS FROM WHICH TO CHOOSE! 80 SQUARE PERCALE 4 A large variety of patterns ond colors in this selection of first quality fabrics Checks, stripes, prints in floral ond novelty designs. 36" width. Guaranteed fast to woshing. Shop now and save ot this low Penney price. BALCONY YARDS 00 FOR YOUR SHOPPING CONVENIENCE A COMPLETELY NEW NOTIONS, DEPARTMENT FRESH, CONVENIENT AND MODERN IN EVERY WAY. SHOP IN COM FORI FROM THE NEWEST DISPLAY TABLES. FULLY STOCKED WITH ALL THE MOST WANTED NOTION ANP SEWING NEEDS. Talon tippers Coats ond Clerks thread Buttons of All Types Lorgo variety of ribbon Scissors of All Shapes Bias top ond rick rock Many, mony other items BALCONY YOUR CHANCE TO SAVE BIG NOTION CLEANUP SHOP EARLY FOR TEPRIFlC SAVINGS IN BASIC NO TIONS. WERE CLEANING HOUSE OLD AND SOILED ITEMS ITEMS THAT DON'T FIT OUR COMPLETE NEW DEPARTMENT. ALL REDUCED SO YOU CAN REALLY SAVE. STOCK UP YOUR SEWING CABINETS NOW. BIAS TAPE RICK RACK THREAD BALCONY ETC. Penney's ELEVATOR SERVICE TO ALL FLOORS Store Hours Mon. Sat. 9:30 - 5:30 Fri. till 9 P.M. lTJLVJLljU NEVER MORE TRUE THAN RIGHT NOW! PENNEY'S BRINGS YOU MORE . . . MORE VALUE . . . MORE SAVINGS . . . MORE SERVICE. CHECK THESE ITEMS, YOU'LL FIND THEM EVERY DAY AT PEN NEY'S WHERE YOU ALWAYS SHOP AND SAVE! BASEMENT MAIN FLOOR y y y y y y y y y y y y y y y y y y y y y y y WASHABLE RAYON PANELS Size 42"x8l" Decorator Colors SPECIAL BLANKET ASSORTMENT Bonnie Ploid, Solids, Flower Basket Design. SUPERSUEDE ELECTRIC BLANKET 2 Yr. Replacement Guarantee. Twin or Full Size BOYS GYM TRUNKS All school colors 24" to 30" waist sizes BOYS SWEAT SHIRTS Sizes 4-16. White, grey ond hi-tones. BOYS COTTON PANTS Sizes 4-18. Wash 'n weor post grad model BOY'S FLANNEL SHIRTS Assorted plaids and stripes. Sizes 4-18. LONG WEARING BOY'S JEANS 133i-oz. Denim. We now carry Slims, huskies, reg. BOY'S ORLON SWEATERS 100 Orion. Mach. Woshoble. Colors. 98c y 500 y 16 y 98el" y 00 28 l59 24? 2'8398 DAN RIVER SHIRTS Wash 'n Wear Mony new plaids. Sizes S, M, L. MEN'S ROMEO SLIPPERS Sizes 6-12. All widths. Neolite or crepe soles JR. BOYS KNIT PAJAMAS Machine washable, -ancy designs DOUBLE KNEE JIMMIE JEANS 10:oz. denim with nylon conlent. Size Vi to 6 j 98249 49 y y y y y y y WASH 'N WEAR DRESS SHIRTS Convertible cuff. 100 combed cotton. All si: ASSORTED TOWNCRAFT TIES Many new colors ond styles. Metallic trim. MEN'S COTTON BRIEFS Elostic leg ond waistband. Quality cotton. PAY DAY BLACK JEANS Long wearing fabric. Sanforized. Washable. CARPENTER'S OVERALLS Plenty of nail pockets. Heavy long" wear fabric ORLON WHIPCORDS 87 Orion, 13 viscose. Mach. washable. MEN'S WORK SOCKS 55 cotton, 43 wool, 2 nylon. Long wearing CANVAS WORK GLOVES Knit cuff 12-oz. weight. Wo's. gloves 579c SANFORIZED WORK SUITS Proportioned fit. Two way zipper front. AH colors. CUSHION SOLE WORK SOCKS Nylon reinforced heel ond toe. Long wearing JR. BOYS QUILT LINED JACKETS Sizes 4-8, Machine woshoble. Wool insulation. BOY'S INSULATED DRAWERS Arctic weave for cold weather wear. Sizes 4-16, BOY'S STRETCH NYLON HEELTOE SOCKS Assorted orgyles. Elastic top. Sizes 6-10W 49 4oo FL y y y FLANNEL LINED ARMY TWILLS ruce green color Sanforized. Mach. washable 60 GAUGE, 15 DENIER HOSIERY Gala only. Buy several pair at this low price WOOL HEAD SQUARES Large size. Plains, plaids, and solids. REVERSE TWIST DACRON PRISCILLAS Drip-Dry little ar no ironing required. I12"x81" DACRONNYLONCOTTON SLIPS Non cling. Machine washable. Shadow janel SECOND FLOOR 298 es 2W 100 I 3195 349 498 995 69 379 498 3100 498 69c 00 298 BALCONY ABSORBENT CANNON TOWELS Color fastness Quick drying Loroe size CANNON DISH CLOTHS Special price long wearing large size COATS AND CLARKS THREAD 100 yd. size. Mercerized. All colors. Size 50 700 YD. JUMBO SPOOLS Size 50 Mercerized. White snly. RONDO PERCALE YARDAGE Fresh new prints 36" widths NEEDLE AND THREAD YARDAGE Sanforized broadcloth jrints w tow Bleached & Unbleached Muslin 39" widthsr Fine weove -high count CANNON WASH CLOTHS Asst colors. Quick drying. Economy quolity 59c 8100 8C 33c 39c AOc 27c29e 12P y y y y y y y'c V M. COTTON HOUSE DRESSES Sizes 12-20, U'j to 24 'j. New fall styles, colors WOMEN'S PLAID BLOUSES Sizes 32 to 40. Fost color. Wosh 'n weor. WOMAN'S BROADCLOTH BRAS 3 styles from which to choose. Pre-shrunk. GIRL'S NOVELTY PANTIES Combed cotton. Lace trim. Pastel ond white. INFANTS TRAINING PANTS 100 combed cotton. Double body. Triple crotch HARDWOOD PLAY PENS Plastic teething rail. Mosonite floor. Easy folding. FOLDA ROLA RECLINER an be used os a stroller, sleeper, or walker. Children'i Purena Knit ANKLETS ereenzed cotton. While, pastels, darks. 279 98 "J 00 A.QC 1495 1695 100