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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Nov. 7, 1960)
t PAGE 6 A HERALD AND NEWS, Klamath Falls, Ore. Monday, November 7, 1960 YOUR POCKETBOOK Franklin's Advice Takes Many Forms ' I "Room Service Has Detected, Fidel" In a couple of days the results of the 1960 presidential election will be recorded. However it comes out, some Americans will be pleased and others, for a time at least, will be less than happy. Yet, as always before, Americans general ly will fall in behind their new president, ac cepting the majority verdict which our system decrees must prevail. Looking back on the campaign, they can be particularly grateful this year that the two nominees, Vice President Richard M. Nixon and Sen. John F. Kennedy, offered themselves to the voters candidly, courageously and fully. .: Both were willing to brave the not incon siderable perils of four face-to-face television ; debates. Never before in history have two presidential prospects taken such a risk. Poli ticians characteristically shy away from the unknown and the uncertain. Furthermore, both candidates . nearly 'wore their legs off in a fantastically thorough "canvass of the nation in person. Seldom if i ever have presidential nominees worked both ;: In a Democratic country like our own, no period is so potentially troublesome as the "interregnum" between the election of a new president and his actual taking office. The American people can consequently '.be thankful that both Vice President Nixon .';and Senator Kennedy already are making "plans to move quickly in this period to ease .''the transition from President Eisenhower to ;,his successor. ; Eisenhower had the same problem, of course, when he was about to take over after ;his first election in 1952. What amounted to a ; second, budding administration was set up in a New York hotel until the time came for him '.;to enter the White House.' !: On the whole this changeover was suc cessful, though here and there reports de veloped that the collaboration between the '.outgoing and incoming leadership was some what short of ideal. This is perhaps understandable enough ; when the transition involves a switch in party ; control. Yet it should not have to be said that ; the interests of the nation must be made para- mount. Neither resistance on the part of incum bent officials nor aloofness on the part of the '. newcomers should be allowed to plague the ! changeover. It is difficult enough at best, and Progress docs not come without bring ing about some losses. Such is the case in the planned destruction of the Pelican .Theater building here.' While the building could not be called 'a landmark in a historical sense, certainly it has been known as one of the most unique and lavish buildings of its type to be constructed ion the west coast. While there apparently is little interest In the fate of the building, it seems regrettable that the community should lose such a mag nificent structure. Admittedly, about the only -use we could have for such a building would !be for conventions and large meetings. There .is some question that such limited use would BARBS '. Some second-hand autos are per fectly okay as far as they go. Maybe we'd all be better off If .everybody used the advice they give away. v Getting a bang out of life is won - derful unless you get it while driving ! your car. ;' When you tell the hole truth it ; keeps your golf score up where it be v longs. ; Wives who love the truth should cut down on the number of questions .' ask. ! The price of gas, oil, tires and re- pairs makes going broke a short trip ; by auto. THEY SAY . . . We must get down to the business ; of discussing disarmament in detail. " We have made enough speeches to ; each other. British Foreign Secretary Lord Ham a. Well-Run Race big cities and small, suburbs and rural sec tors, with such determination. The net effect has been to give them maximum voter exposure. From Maine to Ha waii, from Florida to Alaska, American citi zens have been able to see the men they are choosing from. Some would argue that they have done this because they needed to, that neither man has the identity and stature of a Dwight Eisenhower or Franklin D. Roosevelt and has had therefore to battle for recognition. This is true enough. Still it is evident from the personal make-up of Kennedy and Nixon that they believe in the voter's right to see and hear fully what he is getting. The 1960 campaign has been a course in acquaintanceship with the two relative new comers who head the Democratic and Repub lican national tickets. That seems like a pretty useful thing for a campaign to be. Whoever wins, the American people owe thanks to both Nixon and Kennedy for play ing their roles to the hilt the whole way. Time Of Transition there can be no real excuse for erecting arti ficial barriers. In 1960, the problem naturally would be somewhat easier for Nixon, since it is his party which now is in control. He undoubtedly would choose many of his cabinet members and other top officers very quickly. But he could rely on incumbent second level men for much guid ance in learning the ropes. For Kennedy the learning process must go deeper. Ho must swiftly install, on a tenta tive, observational basis, squads of second echelon mcn.lo study the decision making and administrative processes as practiced in the federal government. Happily, Kennedy's plans for such effort are now shaped up, as are Nixon's for the changes he must make. Both men are preparing for this transi tional time with the guidance of specialists who have devoted themselves to just these problems. They seem bent oir achieving the smoothest possible takeover, no matter who wins. All this must.be a source of immense com fort not only to the people of this country but to all free peoples who look to the United States for a vital continuity of leadership in a most critical age. Culture ln,Losing Battle make support of the building feasible in an economic sense. At one time, there was a proposal made for the city to take over the building and site. Unfortunately, such a large amount of cash was involved in settling tax difficulties that the-city officials had to refuse the offer. There seems to be little likelihood that the city could 'take over the property at this time. , While destruction of the building docs reflect progress, we regret to see another on slaught on what has represented one aspect of Klamath Falls' cultural side. It is a lamentable fact that too many communities today are giving up elements of culture in favor of pro gress and materialism. Klamath Falls is no exception. Second President ACROSS 1 He vvns Washington's president S His first name 9 Spanish hero 12 Roman date 13 Operatic solo 14 Indivtdnal 15 Kmotion 17 Napoleon's marshal 18 Consumer 19 His family 21 Vended S.I Fortune 24 That Sawyer boy 27 Faeial feature 3 Copper coin 4 Mr. Kefauver 5 Marmalade 8 Mountain nymphs 7 Female red deer 8 Of birth 8 Hold back 10 Arrow poison 11 Oriental rulers 18 Laundry equipment 20 Girl's name 22 Misplsces 24 Small children 25 Russian city 29 Annoys 32 Ascends 34 Get oft the track 3(1 Wish 37 "Lily maid of Astolat" 38 Snow vehicle 39 Spangled 41 Recimt 42 Corded fabric 44 Dress trimming 48 Removal 49 Drum 83 Tennis stroke 84 Forgiving 58 F.very one 57 Geraint's wife 58 British statesman 89 Porn 80 Flng maVer II Fatting period DOWN 1 Clamp Answer to Previous Puzzlt y E L. L OIWI ICIAINI VlPlN AREOLE folg lo U E WA NTE SJZM 3? E T i-I5l?H 5 SjTpfe. ep;gTS c a v ft HngforfMle giAj jlAlnleRHrUlf '' ioiti A 6; gjN T7noAgEtlvl T i gA PTC gluTftioTPTEl ETAtSTCtglfl It ICrM-rle I 28 Suffering 28 Dropsy 30 Cattle 31 Killed 33 lateral parts S3 Chooses 40 Gum resins 43 Less contaminated 4.1 Artist's desk 48 Enthusiasm 47 Part in a play 48 Nevada city 50 Wait 51 Raking chamber 32 Lease 55 Psyche parts i p J 4 I Is 6 7 je k ; 10 111 1 13 i4 i5 : Is rj 1 Plf? ' ' 1 a " rj3 'j p 'nil pVi a--3u""nr 55 iJ HiT 35 si 5? ; B H 5 SS 6i Here's Compilation Candidates Regarding Election WASHINGTON (UPD-Foicign policy has dominated the 1SJ00 presidential campaign, with both candidates eager to talk about the U.S. position as leader of the free world. But, while they were willing to discuss it, there was little agree ment evident in their conflicting views about how America stands. They also found themselves in conflict on many domestic issues. Here is the way the rival can didatesVice President Richard M. Nixon and Sen. John F. Ken nedyhave developed the major issues: FOREIGN POLICY Nixon: Attacked Kennedy as "inexperienced" and "naive" in world affairs. By contrast, cited his own travels abroad: his eight years of experience in policy-making; his debates with Soviet Pre mier Nikila Khrushchev. Criticized Kennedy for "downgrading Amer , ica" on the prestige issue; charged him with a "retreat and defeat" policy over the National ist Chinese held islands of (ue moy and Matsu: said originally that the islands should be defend ed on principle, then adopted ad ministration's more flexible posi tion; said Kennedy displayed lack of leadership in suggesting that President Eisenhower might have "apologized" to Khrushchev for the U2 flights to prevent collapse of the Paris Summit Conference. Kennedy: Hammered at what he called the "relative decline in our vitality and prestige" in the eyes of other nations. Claimed the administration permitted dissipa tion of goodwill in Latin America; decried the surge of communism to within !H) miles of U.S. shores in Cuba. Charged that thp admin istration had no policy in Africa at a lime when new nations were emerging. After first saying Que moy and Matsu were strategically indefensible, supported the admin istration's policy toward those is lands; said Nixon's original stand was "reckless" and "trigger hap-P.V-" Defense Nixon: Indicated he would in crease Pentagon spending above the present budget of about $11 billion a year; said there is "no dollar sign on defending Ameri ca": favors defense concept of a nuclear "deterrent force" one known to be capable of annihilat ing a potential aggressor: believes present manpower and mixture of air-ground-sea forces is "roughly adequate," but that this country must not "rest on our laurels." Opposes merger of the services. Would continue development of manned bombers and anti missile missiles, and place high priority on Polaris and Minutcman mis siles. Kennedy: U.S. military is strongest in the world today but calls for strengthening armed services in almost all areas: makes clear he favors a higher rate of defense spending than un der Eisenhower. Favors top-to-bottom reorganization of Pentagon command structure, but has not said he would merge the services. Would speed missile development overall, add increase troop airlift rapacity: insists on a "militarily strong America." Farm Nixon: Oilers two-part package: 1 Surpluses would be cut by Combination of donations to needy, shipments to underdeveloped na tions, an expanded soil bank, and cuts in planting allotments for wheal. During this period, farm income would be protected by giv ing farmers who reduce produc tion payments from government surplus slocks. (2) Nixon believes market prices would rise because surpluses are gone; would then relax or eliminate federal con trols on farmers and adopt sys tem of lower price supports. Kennedy: His program would include many surplus disposal fea tures favored by Nixon, with heavy emphasis on using surplus es to build up economies of un derdeveloped countries. Proposes more ambitious goal for farm in ' come income at a level equal to what farmers could earn if they used the same labor and resourc es in other parts of economy; says his main tool for boosting income would be "supply management" controls which could take any form from outright quotas to land - retirement programs and could be used in combination with price support measures of various kinds. Individual control programs would be adopted only where they are specifically endorsed by farm ers in referenda. Economics Nixon: Says nation's economic growth rate can and should be ac celerated. Did not set specific goal such as 5 per cent rate advocated by Gov. Nelson Rockefeller. Stressed federal encouragement of private enterprise, as opposed to new federal spending programs. Supported retontion of 27.5 per cent oil-gas depletion allowance. Would maintain independence of Federal Reserve Board, which controls credit. Kennedy: Says that U.S. rela tive growth lags behind Russia's and that U.S. steel industry is operating at half capacity. Calls . for elimination of "Republican high interest rale policies." Says his programs for stepped-up fed eral spending on housing, school construction, public works and other programs would stimulate economic growth. Would want Federal Reserve to be more re sponsive to executive policy. Budget Nixon: Advocates balanced budget. Would raise taxes if con ditions, unforeseen now, should make it necessary. Claims Demo cratic platform would cost extra $15 billion a year and bring deficit spending that would lead to inflation. Kennedy: Also advocates bal anced budget. Would increase tax es, if necessary, but says expand ing economy would provide extra revenue to finance his programs: calls for review of tax structure to eliminate present tax loopholes. Education Nixon: Stresses federal aid for school construction only, through grants and payment of interest on local school bonds; believes local hinds would thus he freed for higher teacher salaries. Kennedy: Pledges "generous federal financial support" to states for classroom construction and for higher teachers' salaries; denies pavmcnts for salaries would re sult in government control over local curriculum;. Civil Rights Mxon: Support. Republican platform plank calling for vigor Of Viewpoints Of ous protection of the right to vote, Justice Department efforts to en force school desegregation orders, federal aid to school districts try ing to desegregate, development of federal-state program to end discrimination in jobs and ending discrimination in federally-subsidized housing. Kennedy: Backs Democratic platform plank calling for more vigorous government action to pro tect voting rights and new laws if necessary, a 1963 target (or de veloping school desegregation plans, federal aid for schools end ing segregation, a federal com mission to end discrimination in hiring, and action to end discrim ination in federal housing pro ' grams. Minimum Wage Nixon: Has indicated support of a boost in minimum wage from present $1 to $1.15 an hour; backs Eisenhower administration propos al for extending coverage of wage hour act to 3.1 million new work ers. Kennedy: Favors raising mini mum wage to $1.25 an hour; has sponsored bills to extend coverage to more than 7 million new work ers. Medical Care for the Aged Nixon: Supports voluntary pro grams to pay, through federal grants to states, a w ide range of medical benefits to aged, includ ing some hospital expenses and doctors' fees. Coverage potential ly would extend to all of nation's IB million citizens 65 and over. Stales and individuals electing; to participate would be required to share in financing. Brands Demo cratic plans as "compulsory in surance." Kennedy: Favors financing med ical care through Social Security system by increased payroll tax es. Coverage would include the estimated 12 million persons now receiving retirement payments. Olher aged persons not eligible under Social Security would be covered by outright federal grants. Says GOP plan would force sen ior citizens (0 lake a "pauper's oath"; calls his plan fiscally sound. Labor and Unemployment Nixon: Believes presidential fact-finding boards should be em powered to recommend strike set tlements but wants government generally to stay out of labor management disputes and encour age agreement through collective bargaining. Opposes government seizure of basic industries shut down hy strike. On federal finan cial assistance to areas of high unemployment, backs administra tion's proposal, rejected by Con gress, for $75 million in federal industrial loans to eligible areas. Kennedy: Would go further than Nixon in arming the president with additional powers to force strike settlements. Contends such weapons, including seizure, would compel bargaining groups to speed settlement of differences, pledges policy of lull employment: says GOP is indifferent to plight of unemployed workers. Supports Democratic legislation, which was vetoed, for up to $.) million in federal loans and grants to job less areas. Religion Nixon: Deplored emergence in campaign of a candidate's person By FAVE HENLE It's a fast-moving world. Among recent changes that could affect "Your Pocketbook" are tax rul ings, conditions under which you may be buying consumer goods, ' even investment opportunities. For instance, the .Treasury has softened rules to give you more tax leeway if your property is damaged. You may: Deduct from your federal in come tax next April the cost of repairs made to damaged proper- y- Postpone reporting these loss, deductions to another year if you have not collected damage insur ance and are uncertain about the amount you'll receive. In older to profit from the prop erty deduction ruling, save your receipted bills to show how much the repairs cost. You are allowed only to deduct the amount spent to restore property to its original condition. When would you postpone re porting the loss deduction? If the insurance payoff or dam age award is not granted until the new tax year. Formerly you had to claim the full loss in the year of damage and report the compensation, if you received it another year, as taxable income. Bargains abound this fall if you ssues al faith as an election issue. To remove it, suggested early in the race a moratorium on further dis cussion of religion, avoided speak ing on it himself and forbade his staff to discuss it. Kennedy: A Catholic, he said early in campaign that his con-' stitutional duties would come first. Emphasized that, if elected, at no lime would he permit church considerations to interfere with performance of his presidential re sponsibilities. Letters To Against Tax Bill This letter is in regards to mea sure number 14, The Personal in come Tax Bill. The purpose of this letter is to point out some of the features of the taxation program. I personally do not favor this bill because it places too much burden on the working man. I would also like to point out that there should be no tax placed on business for this reason. Busi ness as such cannot pay taxes, it can collect taxes but not pro duce taxes. The simple reason is that business must operate on a certain margin of profit in order to exist. Therefore any tax sim ply means a mark-up in the prod uct for sale. Actually the cost of consumers' goods is more regulated by the lax structure than by wages. There has been little increase in actual cost of raw materials, the seeming increase cost has been the hidden tax structure. Again this is true of wages. A man who earns say $5000 per annum, actually receives around $1800, the rest is eaten up by the tax structure. Actually the man who pays the taxes is the man or woman who works with their hands, it must be the labor. A man or woman who works eight hours per day has actual ly worked about five of those hours for the government and three for themselves. Those hours are demanded by an ever ex panding tax structure. Measure 14 will lengthen the state's lime and shorten the la borer's living earnings. So the laborer can either: get overtime, ask for a raise, get his wife a job, rob a bank, or lighten his belt. He will likely do the latter. If he works overtime the slate demands more. If he asks for a raise it only sends the daisy chain spinning again, and he may have to go on strike to gel it and may lose his job al together. If he gets his wife a job. it will only increase his taxes and besides she is most likely already working. This leaves the bank. If he is a novice he will get caugnt when he suddenly starts paying his bills. Too suddenly that is. He will have lo give his car and his home to an attorney then wdl likely go lo jail, lhat will put his family on welfare and that will be more taxes for someone else to pay. If he is a professional he has likely already robbed so many banks (hat the law of av erages is against him and it all amounts to the same thing. So lhat leaves the last thing to do and that is to tighten his belt if he has a belt. There are some wavs to raise are in the market for a car new or used. One reason: Nev model changes are earlier, thus cutting the 1960 selling year short. You might strike a real dis count on a new car if you buy later in the month rather than earlier. When your dealer knows his overhead has been paid by previous sales, he'll be more con scious of trimming inventory. The reason for bargains in used cars, I'm told, is surveys show many former used car buy ers now buy compacts. If you shop carefully, how much can you save? A recent study of 174 dealers in one city showed discounts from factory suggested list prices on new Fords ranging from $159 to $s:9 and on Chevrolets from $239 to $569, for an average discount on both makes of around $458. Shop carefully too for the meth od you'll use to finance your car. The American Bankers' Associa tion reports 60 per cent of all car buying is done on credit.. Basically there are two ways to finance your car: an installment sales contract with your dealer or money borrowed from t h e bank. Compare each to see which will be cheaper. A new instrument of investment is the FHA mortgage. But, how1 -good is this for you? It depends. Do you have some thing like $10,000 that you could put into a single investment? Would you be willing to sit with this investment for say at least five years? This is what buying an FHA mortgage could involve because as yet there is no ready market for this investment in strument. On the plus side you are put ting your money away in a very safe place for the government guarantees to repay if the person on whose house you hold I h e mortgage defaults. However, you may get repaid in FHA deben-. lures rather than in cash. How much interest on an FHA mortgage? The usual rate today is 5 per cent, minus the service charge you pay to banks, savings and loan associations or mortgage bankers from whom you buy it. The Editor this needed money and not raise one dollar by taxation. How ever we will leave that for an other lime. Veston Casey, Beatty, Oregon. Al rtianac By United Press International Today is Monday, Nov. 7, the 312th day of the year with 54 more in 1960. The moon, is approaching ils last quarter. The morning slar is Mars. The evening stars are Venus, Jupiter- and Saturn. On this day in history: In 1805, Lewis and Clark sighted the Pacific Ocean for the first time at the mouth of the Colum bia River. In 1811, General William Henry Harrison, governor of the Indiana Temory, defeated Chief Tecum seh's Shawnee Indians al the Bat tle of Tippecanoe on the Wabash River. In 1876. Marie Curie, world fa mous Polish-French scientist who with her husband discovered ra dium, was born. In 1874. Harper's Weekly ran the first cartoon depicting an --le-phant as the symbol of the Re publican party. It was by Thomas Xast. In 1917, Bolshevik I l oops occu pied government buildings in Pet rograd and overthrew the provi sional regime of Premier Alexe Ketensky. In 1959. the U.S. Supreme Court ordered . striking steelwerkers back lo work. Thought for today: Ameri can statesman Patrick Henry said: "I have but one lamp by which my feet are guided, and lhat is the lamp of experience I know no way of judging the fu lure hut hy the past." Thoughts Then the Lord appeared In Solo mon in the night and said to him: I have heard your prarru. and have chosen this place for ' myself as a house of sacrifice. II Chron. 7:12. Persecution has not crushed it, power has not beaten it back, lime has not abated its force, and. what is most wonderful of all, the abuses and treasons of ' its friends have not shaken ils stability. -Horace Bushnell. I Bailed patiently for the Lord! he Inclined In me and heard mv cry. Psalms 40:1. Praver moves the hand which moves the world. J. A. Wallace.
