Image provided by: University of Oregon Libraries; Eugene, OR
About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Jan. 8, 1959)
THl'RSPAY. .UNITARY fi. 1959 Scientific Year Attains Biggest Earth Checkup By ALTOS' BUKESLEE Associated Presi Science Writer NEW YORK AP)1GY brought' the greatest physical checkup in il history. The patient our planet earth. For 18 months, scientists probed and poked at the earth with diag nostic instruments ranging from '.iwrmometers to orbiting satel lites. They found high altitude titanic viimis of 200 to 300 miles an hour, and places where the earth's skin o! crust is only 2'i miles thick. Ihey charted great rivers of elec tricity flowing through earth crust and upper air. These are but some early re- "Yes, sir, times have changed. Used to be I could pay mv taxes with what I made off of chewing tobacco." Business, Finance World Watches Tax Legislation suits. It may take 25 years or (satellites at unexpectedly Ion" uore to make the most significant distances, offer clues to new meth- diagnoses from the hundreds ofods of radio communication. Aground, seismologists used manmade explosions and t h e .shock signals from natural earth quakes to till in their understand ing c. ;- oarlh's interior and its crust. Shocks from underground A-bomb tests offered a new tool for doing this. Seismic soundings delected the thinnest crust of the earth yet dis covered under the seas 2'j miles and also the thickest undersea crust 9 miles deep. HFRAT.n A'n VFWS K'TAmatij fins nnrr.rwT I.,- ...k.,1... .. . : . I .. . , in" or re e , L .V, " HarVard "'""O" Dr. what life means in the univers. feed ."'ho onSinnl."Ir Z- "5 Fred tth'PP'e Um lead human, to settle their .- .' r .r "w ' "Spriirinn a kAltnR . -f ice ages ana glacier growth - --, - iUmt-i ui aiuerences. ine unrst for knowledge ' uy iuv is not satisfied By ELMER C. WALZER UPI Financial Editor NEW YORK (UPI) - With Congress again in session the financial and business world is watching to see what will happen on business and tax legislation to gether with a series of expected investigations. None expects an income tax rise or decline but there will be modifications, attempts to close loop holes and attempts to carve down (he oil depletion allowance of 2714 per cent. Here is what the tax experts at Prentice-Hall anticipate could happen in the w-y of tax changes: "1. More .apid depreciation on capital investment to allow for increasing obsolescence and for inflation. "2. Some limitation of tax treatment of capital gains and of .cooperatives. "3. Deductions for funds set aside- by self-employed people for 'retirement Jenkins-Kcogh Bill. "4. Revision of rules on corpo rate distributions and adjust ments, estates and trusts and partnerships Ways and Means tentatively plans hearings on these advisory group reports for the middle of February. "5. A new higher tax formula for life insurance companies. "6 Some tax incentives for private investment abroad. "Congressional liberals of both parties will make their major tax target a substantial reduction in the 27'i per cent oil and gas depletion allowance. They will probably fail, however." It has been announced that President Eisenhower will ask for a boost in federal gasoline taxes. Many states also plan to raise taxes on gasoline which now range from three cents a gallon in a long list of slates, including Alabama, Florida, Kentucky, Loui siana, Maine, Mississippi, Nebras ka, North Carolina, South Caro lina, and Tennessee. Higher state gasoline levies, it is held, would be set in many states to defray the state costs of highway construction which is to be paid for by the stales and bv federal grants. New York State's gasoline tax 'row is four cents a gallon and .is the lowest in the nation except for Missouri. The really high gas oline taxes are in Hawaii where 'they range from 8'.i cents to 11 xpnts a gallon. ; Wall Street has been hoping for :a reduction in the capital gains tax, which now is 25 per cent for long-term capital gains. Cutting this in half, market experts ar !pue, would give the government more revenue than it gets at present rates. . The idea is that with a lower capital gains tax. many who have big slock market profits would take them by selling their stocks. This would add to the supply of common slocks which is said to be low because so many institu tions have loaded up and aren't selling. Hence when a purchase of slock is made the purchaser runs into a low supply and has to pay a high price. Business looks for a scries of investigations into almost every thing. The Wall Street Journal says "the new liberal packed Congress will put business on the defensive as it hasn't been since New Deal days." The slock market community doesn't appear to be worried over Congress and that's a new twist. This time the financial district is convinced there'll be so much de mand for spending more and more money that inflation may get a boost and if so demand for stocks would remain high as in flation hedges. The foregoing is not universally accepted, however, and there are many who think inflation will be held down during 1959. millions of facts gathered. IGY the International Geophy sical Year is formally ended. This world scientific effort cost about 750 million dollars, and iwice that jf you include ships, rlanes and other support. But its work continues in most major aspects under the title 1GC-59, meaning International Geophysical Cooperation in 1959, ;o extend man's knowledge of his planet. A great ocean nf air is earth's iung for human life. Rockets indicated winds of sev cial hundred miles per hour up where the 4ir is terribly thin and highly electrified. By night, earth wears a halo of uim light, the airglow, which is mostly pale green. It seems to occur in patches or cells, moving with average speed of 200 miles i an hour at a 60-mile height, re ports Dr. Franklin E. Roach of the National Bureau of Standards at Boulder, Colo. Green airglow comes from oxy gen atoms, with some yellow glow from sodium atoms. IGY scien tists also detected unexpected atoms of lithium presumably shot up by nuclear tests. Radiation streaming from the fun, or from particles trapped magnetically above the earth, cause the Northern and Southern Lights, or auroras. But a man-made aurora was detected with one Pacific nuclear lest. Scientists theorize a blast could alter the earth's magnetic field enough to allow some trapped particles to stream down upon the earth. Catching a great solar flare in action last Feb. 10-11, many sci entists measured its varied, pow erful effects upon earth. Great currents of electricity flowed through the earth's crust as the earth's horizontal magnetic field strengthened. This was ap parently induced by electrical cur rents in the atmosphere. Balloons detected X-rays within some 20 miles of the earth's surface. Through chains of magnetic sta tions, some IGY scientists concen trated on tracing local and sur face magnetic variations induced from electro-magnetic events in the upper air. seeking clearer understanding of air-earth inter reactions. IGY men confirmed the exist ence of the equatorial electrojet, a powerful electric current flow ing in daylight hours only above the earth's magnetic equator. Sim ilar currents presumably circle both Poles. They offer new insight upon solar effects on magnetic fields. Probing the sky with radio fin gers, scienusis iouna me iomza- uon or eiccirincaiion ot tne upper air persists over the South Pole even during the long polar night when the sun is down. Apparently, great clouds of electrons drift in slowly from lower latitudes. Sim ple absence of sunshine does not remove the ionosphere. Radio sfudies of the ionosphere, and the discovery that radio sig nals can be received from earth I The pull of gravity was nieas jured over 75 per cent of the sea surface, and over vast distances on land adding up ultimately to a tar more accurate picture of the earth's gravity, and Irom that a better conception of the real shape ot the earth The moon and the sun, through gravity, cause tides not only on the oceans, but also on the land actually creating wavy bulges in the earth s crust ranging up to eight to la inches. One U.v goal was to learn how much the earth and sea tides may be in ph:ise Glacioloeisls from 28 nations checked all Ihe earth's ice areas. They sampled down through lay ers ot ancient ice for clues to past and present climatic changes. ,o organizations of scicniisis hj. formed special new committees toi push on, especially in cooperative studies on the oceans. Antarctica 1 and space science. The watching of the sun will continue miri will most of the olher searching:, though at less intensified an ef fort. IGY is helping In satisfy man's curiosity about his world, and stimulates his curiosity the more. II promises to confer great bene lits, not only material, but far beyond. Copter Rescues' Naval Aviator SAN DIEGO (UPI) -A Navy .fier who spent 14 hours on a life raft after his plane crashed in ;the Pacific Ocean was rescued '.Wednesday. : Lt. Cmdr. W. L. Armstrong, 35. 'Chula Vista. Calif., attached to ..fan Diego Naval Air Station, wasj reported in good condition al though suffering from exposure. 'He was rescued 20 miles south of here by a Navy helicopter team, one of 20 aircraft crews participa ting in the search. ' COOKIES CRUMBLE .. KENDAL. England (UPI) - A :-12-ton load of cookies crumbled Wednesday when the big bakery .truck John Thompson was driving turned over on the main England .rotlnd road. Can were backed "up for five miles. VaffiOriiiacrs January Clearance SHOE SALE! vxw pu nips and sirups Values to 11.95 A good assortment of womens dress shoes . . , hi and medium heels . . . suedes and leathers . . . red, brown and black . . . colors and sizes broken, of course. flats? oxfords, casuals Valutt to 7.9S 2.90 to 4.09 Block, brown, gray suede ond block leather flats . . . white, grey, red rock-n-roll, hook-n-eye ond saddle oxfords and a variety of casuals for quick clearance. VanOrman's Home Owned and Operated 527 MAIN STREET Hi REGISTER NOW FOR J. W. KERNS WHISKERINO BIG PRIZES FOR THE BEST WHISKERS Penney's immm Pn3 ... fi v-vv wSa. fe lia pS3 vivV ff -vwwwwvwm-ww Sl!7rajkffc AVVCl.t iaMafJWS IW.AS'' Shop Penney's For The World's Finest Yardage NOW! 500 New Print Penney's RONDO-GO-ROUND ! PENNEY'S "COMPARE VALUE! YARD WANT MORE? Pick "Rondo," the high-count percate that goes 17,000 miles around the world each season! Toss Rondo in your waaher . . . watch it emerge fresh and glowing! Sew it into children's wear, aprons, dusters, dresses, shirts for dad. Try it at your windows via pert cafes. Any way you use it, you're assured of top styling, lasting quality, unsurpassed value. Prints include every imaginable design from garden-fresh florals to pretty pro vincials; juveniles to jaunty stripes and plaids; abstracts and borders to novelties unlimited. Just the sight of them will send your designing talents soaring. Enjoy the greatest selection of prints at the lowest price in the world. MORE WOMEN SEW WITH PENNEY'S "RONDO" THAN ANY OTHER FABRIC IN THE WORLD! BALCONY "RAMONA" CLOTH a y. . r.r. a v; TAFFETAS AND SATINS WOVEN GINGHAMS "NEEDLE 'N THREAD" 59 Yord 59c, Crisp, firmly - woven cotton . . . Sanforized machine woshable! Su perbly s ty I e d prints for cafes, draperies . , . vivid sportswear, -Maximum shrink Mr 1 BALCONY Yerd Penney's romantic, rust ling acetate taffeta for party skirts . . gleam ing rayon satin for blouses and dresses! Pas tels and brilliants. 42 inches wide. BALCONY 79' 49 Miniature checks, in between checks, big 'n bold checks . . . they're oil here at Penney's! Crease - resistant, ma chine woshable. For fashions, home. BALCONY Yord Penney's machine woshable, Sanforized cottons for fashions, dec orating. Enjoy quality, beauty, coupled with Pen ney's incomparable value! Little or no ironing! -Maximum ihrlnkafe 1 BALCONY NYLON SHEERS 79 Yard So crisp, so fresh, such fun for youngsters' fash ions! Soft, velvety tuft ing etches dainty pat terns in white or pastels. Hand-wosh. BALCONY SHOP NOW -- Take Advantage of Penney's White Good Values!
