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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Nov. 21, 1960)
HERALD AND NEWS. Klamath Falls, Ore. Monday. Ko. !1, 1 PAGE 7-A III 3' k ! r. L t:,. laiiTTi-ni T TTinl-' r'tir in i "1 iiiiiiuhiiimi m biiimiiiiI --t".r ---V N Western Europe Has Power To Cause Crisis In American Gold Supply Editor's Not President Kiscn-and stability is an intangible even a lesser amount would turnlrate of $.18 billion a year. Smielgood as gold. (perhaps drop sharply, hower last week ordered emer-: called "confidence" confidence , the tide. Auk. 1. thev have been ordering Of course, the bavins rate ofi The noint is. however, that no gancy action to stem the steady that the U.S. dollar will remain! jt js this possibility which last al an annual pace of $4 1 billion, recent weeks may slacken and one can foretell the future. as h'hki as (juiu. fwook prompted President EisMi-'5"" SCP ' ,ne la,e nils "cn Foreign governments and their hower to impose unprecedented 1 10 H 7 billion. Since Oct. 1. the citizens own about $18 billion of restrictions on spending abroad"0"' of bullion has hit a spectacu flow of American gold into foreign hands. Frank Cormier, experi enced AP Treasury Department reporter and financial writer. as-:l;ncie Sam s monev Most o( ,ncsc TWO ENGRAVED ASH TRAYS bearing replica of the F-IOIB Voodoo interceptor were presented by Col. Rupert C, Welch, center, Kingsley Field commander, to Maj. Gen. Von R. Shores, commander, 25th Air Division, McChord AFB, Washington, left, and Col. Leon W. Gray, commander, Portland Air Defense Sector, Corvallis, right. The ash trays were made available by the McDonnell Aircraft Corporation, builders of the F-IOIB Voodoo used by the 408th Fighter Group at Kingsley Field. Rare Skin Disease Was Turning Point For Reelected Japan Prime Minister TOKYO (AP) Hayato Ikeda, the victor in Japan's eighth post war election, found faith and re newed self confidence in deep personal suffering. The 60-year-old prime minister, whose pro-U.S. policies received a mandate trom the voters, was the-son of a wealthy sake manu facturer who spent his youth as a university student at Kyoto drinking deeply of the pleasures of that famed geisha capital. Like many sons of the rich, he chose government service as a career. He might have remained an obscure official if a rare from power because of a temper md a candor which are celebrated in Japan, traits which stirred him to retort to critics of his austerity measures: "Let the people eat barley if they can't afford rice." But Ikeda has conducted him self during his four-months tenure with masterly control. Recognizing that Kishi aroused hostility among the leftists and the general population by a gen eral attitude of rigidity, Ikeda set about proving he could and would compromise if the opposition So cialists cooperated. This approach won him new sesses the scope of the problem in the first of three articles on the gold situation dollars are owned hv Western Europeans and are deposited or under the military and foreign aid lar annual rate of $3 9 billion. By FRANK COK.MIKR WASHINGTON (APi-The na- If all were used for this pur- tions of Western Europe now havejposc. Lnclc Sam s supply of bul- it in their power to rock n,e, Hon would be wiped ou there is American financial system day in the week. programs. His aim was to lessen compare uus ouying wun me the number of dollars moving int0!rcmaininR I'.S. gold supply: $18 invested in the United States.! foreign hands; dollars that could billion of which $11.5 billion must. Theoretically, all could be used to he used to buy American gold.D.v 'aw. remain in government buy American gold. Since July 1. foreigners have hands as backing for part of the been buying American gold at the money supply. it wouldn t lake long to use up onlv $18 billion of cold in the government's coffers. All that stands between crisis Parade Route PORTLAND (API - The 1961 Portland Rose Festival's floral IT'S HOW YOU RELAX LONDON (UPI Boston's Dr. Such a disaster is virtually inv possible. For one thing, foreigners do so attack, said Sunday that it's how much business with the United you relax while playing golf and the cushion available for meeting foreign orders. And once Uncle Sim haH tn turn uav nKlnmpi Paul Dudley White the heart spe.jhe doU.lr would no jonRcr bc ciausi w no ucaicti rrcsnuni Ei senhower when he had his heart States that they couldn't afford to exchange all their dollars for gold. Furthermore, to do so would not the game itself that gives medicinal value to the sport. White said it's the "relaxation- parade. will go right through thelwreck their own finances because;1'0' the exercise which counts new Memorial Coliseum and those the United States is the corner who want to be under cover can stone of the free world economy, buy arena seats and see it all in- Ti,is flot.sl,-t meani however, doors. ilhnl Ihe rnrrrnt nnvielv iwai There arc large doors at each Uncle Sam's persistent loss of end of the arena permitting entry gold is misplaced. The simple of the floats' and marching units. fact is that foreigners could cause HEMORRHOIDS (Piles) Porrpctf A without urff ry. No hftftpiUUifttlon; no los of time (ram work DR. C. W. DAVIS, D.C. 131 North rd Si. Tl i-im;ta Klamath 1-mil. Oregon disease of the skin had not forced j trienas and helped channel away him to resign his post in the tax office in Utsunomiya in 1932. Dressed in the white clothes of a pilgrim, and accompanied by his devout mother, he made a long and painful tour of Buddhist tem ples on the island of Shikoku in search of the spiritual cure mod-i em medicine could not provide. Five years later he emerged well and healed. He attributed it to his faith in Buddhism, a faith that continues deep today. He returned to ordinary life a serious, purposeful man who bore little resemblance to the playboy of his youth. Taken under the wing of Prime Minister Shigeru Yoshida in the postwar occupation days, he be came finance chief and drafted tough economic reforms which put Japan firmly on the road to re covery. He learned to work with highly plated Americans and won their respect in the process. He became prime minister July 14. succeeding Nobusuke Kishi, who was forced to resign following his successful but bitterly opposed fight to push through the new de fense treaty with the United States. Some veteran politicians pre dicted Ikeda would soon be ousted much of the resentment felt against the Conservatives under Kishi's helm. He injected new confidence into the nation's workers by promising them an increasing share in the expanding economy. He has shown some signs of willingness to seek a rapproche ment with Communist China, speaking of the need to trade w ith Japan's big mainland neighbor. But his foreign policy is based squarely on cooperation with the United States and the West. He rejects the Socialist theory that Japan must be neutral if it is to survive the cold war. Edward L. Casey, festival asso ciation president, said the Mcrry- khana Parade, a fun event, will be held Saturday night. June 3, and the floral parade will be Sat urday, June 10. That means the festival will be extended two davs a major crisis merely by ex changing a relatively small pro portion of their dollars for gold in the span of a few days. If foreigners bought $1 billion of U.S. gold in a single week, this would be taken as a vote of no and run through two weekends. 'confidence" in the dollar. Perhaps THANK YOU! To all the people who worked so hard on my campaign for Commissioner, and to the many voters who placed their trust in me. Uox Jialu w A RETIREMENT HOME FOR THE ELDERLY FOREST GLEN SENIOR RESIDENCE Conyonvillc, Oregon mMm$t& .... .-4 U it I ? Vi V; V ij k r.n II PH 1 ,1 ! DO YOU REALIZE that olditer reach a year of decision? Like younger people we must decide for the future? If we ore wise we will make tull orrangements for our last year, so os not to be o burden to and dependent on the younger generation, DO YOU KNOW that about one out of every four of us who pass the age of sixty will experience o long and dis abling illness that can cost up to thousands of dollars? Forest Glen is designed to meet all the needs ond risks of growing old. Here free medical and hospital service that is included in vour rates will hp yours, plus loving care. WHO IS BEHIND IT? A group of practicing physicians whose experience with the elderly has impressed on them the need of such care os will be oftered by FOREST GLEN. The home will be run in conjunction with a modern, well equipped hos pital, with a full statf of doctors and nurses at our call. WHY IS FOREST GLEN SENIOR RESIDENCE DISTINCTIVE? It offers more services at less cost thon other homes of Its kind, it will cost you less to live here than in your own home. For information write for our beautiful booklet, "Something to Do and a Place to Live." FOREST GLEN SENIOR RESI- DENCE, Canyonville, Oregon. Finnish Press Critical Of Deportation Incident HELSINKI (AP) The Finnish; the Finnish president to refuse press today sharply criticized the!lo receive Mackie. The Finnish expulsion of Finnish- American born William Mackie, 51-year-old housepainter of Portland, Ore., on charges of communist activity. Mackie was flown to Finland Saturday. He was born of Finnish American parents on a brief visit to their old country. He has been living in the United States since eight months of age. The liberal Helsinki paper Hu fvudslads Bladct today asked ironically whether Mackie was "sent to Finland as a goodwill ambassador." The socialist Paivan Sanomat noted editorially that Mackie, who doesn't speak Finnish, was expell ed after being in the United States 50 years and said: "He fought with the U. S. Army and he paid his taxes. His de portation to a totally strange country is an astonishing act, to say the least. Other Finnish papers had urged consultate in New York, however, issued a temporary travel docu ment for Mackie, saying that "as far as can be ascertained, he is a Finnish citizen." In Helsinki Mackie is continuing his efforts to get the deportation order cancelled. The Finnish Painters Union has arranged room and food for him and offered him help to get employment. Victim Recovers NEPTUNE, N.J. (AP) - John Brodeur, 24, whose right leg was amputated after being attacked by a shark Aug. 21, has been released from Fitkin Memorial Hospital. Brodeur, cheerful despite three months in the hospital, will stay at the home of the parents of his fiancee. Jean Filoramo, 22, of Jer fey City. Brodeur was attacked w hile swimming off Sea Girt. His leg was amputated eight days later. DEALERSHIP , AVAILABLE Dealer wonted for Klomath County to market nation'a finest pickup camper, Pro tictid territory. Write: CAVEMAN CAMPER, INC. P.O. Box 666, Grants Pass, Oregon. Science Shrinks Piles New Way Without Surgery Stops Itch-Relieves Pain New York, N. V. SpcUI For the first time science has found a new healing substance with the aston ishing ability to shrink hemor rhoids, stop itching, and reliv pain without surgery. In case after case, while gentry relieving pain, actual reduction (shrinkage) took place. Most amazing of all-results were so thorough that suffer erg madi astonishing statements like "Piles have ceased to be a problem!" The secret is a new healing sub stance (Bio-Dyne) discovery of a world-famous research institute. This substance is now available in tuppotitory or ointmtnt fprm under the name Preparation . At all drug counters. We are pleased to Announce: James LO'Donahue after 20 years Association with J. W. Kerns, Oregon Limited has joined the staff of Deane Sacher, Realtor Jim O'Donahue's years of experi ence in dealing with farmers and ranchers well qualifies him to specialize in the sale of ranch and farm properties. v'-V-M---', 'ill-, i in y 7)eam James L. (Jim) 0' Dona hue It's another step in Deant Sacher's con tinuing program of giving vou better real estate service! 1037 Main Phone TU 4-4127 REALTOR Licensed Oregon-California Broker 3 DAY PRE -HOLIDAY SALE BR0ADL00M CARPETS INSTALL! VThiSsw A ' -' if i f 'r X t-r JL NO ONE BUT SEARS CAN OFFER SUCH AN ASSORTMENT 46 PATTERNS AND COLORS AT ONE LOW PRICE IN ALL.WOOL PILE! DUPONT NYLON! ACRILAN! VEREL! CHOOSE FROM TWEEDS . . . FRIEZES . . . EMBOSSED . . . HI-LO SCROLLS . . . PH. TU2-448I FOR PROMPT, EXPERT SHOP-AT-HOME SERVICE .4 46 DESIGNS! AIL NEW PATTERNS PERFECT OUAIITY SAVE UP TO $127.00 ON THE AVERAGE HOME INSTALLATION YOUR CHOICE PRICE CUT TO SQ. YD. COMPLETELY INSTALLED BY EXPERTS HEAVY DELUXE 52 OZ. RUBBER COATED CUSHION USED ON ALL INSTALLATIONS. NO MONEY DOWN! NO MONEY DOWN ON INSTALLATIONS TOTALING $275 OR MORE. $5.00 DOWN UP TO $200. ORDER TODAY FOR NEW BEAUTY ior the HOLIDAYS! 77 Mil 'Satisfaction guaranteed or your money back SEARS Open 9;30-5:30 133 So. 8th FRIDAYS TILL 9 Phone TU 2-4481
