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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Oct. 23, 1961)
HERALD AND NEWS, Klamath Falls. Ore. .Monday, October 33, 1961 PAGE Air Crash Takes Life Of Pioneer ' PALO ALTO (UPIl -The death of electronic pioneer Sigurd F Varian in a plane crash off the Mexican coast was announced here Friday. Varian. 60, was co-inventor of radio tube and co-founder of the huge electronics firm which bears his name." He crashed in his pri vate plane Wednesday night while flying from Guadalajara to Puer to Vallerta. His body washed ashore early Friday not far from the crash scene, near the coastal village of Tomaplan about 85 miles south of Puerto Vallerta. His flying companion, George Applegate of Puerto Vallarla, managed to swim to safety through two miles of surf despite J' broken leg. Applegate said Varian lost his way in the darkness on the flight and was flying low over the wa ter looking for a beach on which to land. A wingtip struck a wave and flipped the plane into the wa ler. Applegate said he end Varian called to one another across the water for some time, but he later lost contact with the inventor. Varian's two associates in the invention of the Klystron tube a key to the development of ra darboth preceded him in death. Fort Troops To Go Soon WASHINGTON (UPI) About 2,000 Army troops from Fort Lew is, Wash., and Fort Hood, Tex., will go to Europe soon as part of the U. S. military buildup to meet the Berlin crisis. The Pentagon also announced Friday that Deputy Defense Sec retary Roswell L. Gilpatric will fly to Europe Sunday for confer-j ences with U.S. and allied defense officials in London, Paris and Bonn. The Defense Department said Gilpatric will familiarize himself with general NATO problems in his first European visit since tak ing office in January. He planned to visit Bonn Oct. 23-24, Paris Oct, 25-26 and London Oct. 27-28. I ST ftK- I 'll S 4UMkk Economic Handicappers See Good Race In 1962 Nation's Business By SAM DAWSON ap KnOiws. nw. Analvst cil, made up ol some 100 headsl NEW YORK (AP)-The handi- ?' the biggest corporations. a. a I uiuuyn on 11 le 'ttf IMt bf MCA. frtf. T.M. Bsf. U.S. Pit Off. S-23 "You said to stay . where you could find me, and gee whiz, Mom, I figured that was ANYWHERE!" cappers already are busy sizing up how the economy is going to run the course next year and the differences in opinion should! make it a good horse race, Almost all of the economists, government and private, and majority of businessmen, seem confident it will be a fast track if the Berlin storm clouds blow over. ine odds tavor records be ing broken but by just how much that s where the experts differ The guessing covers such things as price trends, industrial produc tion, total output of goods and services, and a long list of pros pects for individual industries. Predictions by the President's Council of Economic Advisers are the highest. They put 1962's total output at better than $570 billion, and 1963's at a whopping $620 bil lion. This compares with this year's expected final figure of $520 billion and 10's relatively modest $503.5 billion. Leffer Writer Denies Criticism Derogatory LOS ANGELES (UPI) - An ex change student who wrote a let ter calling Nigeria's government corrupt and irresponsible s; it was constructive criticism and. "certainly not meant to be derogatory." The letter, mailed to a friend in Santa Barbara, Calif., by Craig Walker, 22, of Balboa Island, Calif., has been printed in a news paper, the West African Pilot of Lagos, Nigeria. Walker claimed Friday the let ter was stolen. "It's entirely possible that those parties unknown who would be guilty of violating the sanctity of the mails. . . Might also consider it expedient to distort such a let ter for their own political pur poses," Walker said. He said the letter praised the The views of the business Coun-iomists range between these ex- The 316 economists tliemselvcs 178 from manufacturing and oth-l government, and 44 from consult- tremes: range widely: 51 are from finan- cr business firms, 37 irom col- ing firms or trade and research The 1962 economic outlook cial and insurance organizations, logos and universities, 6 from' organizations. is strictly A-OK. More people will ' Riverside PTA Sets Fun Frolic MAIL GIFTS EARLY WASHINGTON (UPI) - Christ mas gifts for members of the armed forces overseas should be mailed between Nov. 1 and Nov. 20 to Insure delivery in time, ac cording to the Defense Department. educational processes at lbadan's University College where he stud ied as an exchange student. He said the letter was written by him as an individual rather than as official member of the ex change program. Walker said the letter also con tained criticism of the societ con ditions among American Indians in the Southwest and Negroes in Harlem. The American Embassy at La gos was reported to be investigat ing the Occidental College stu dent's claim the letter was stolen A lot of new games including! such tilings as apple bobbing, fish ponds, duck shooting, bowling, toss games and others will be featured at Riverside School's! PTA sponsored fun frolic carni val which is scheduled for the school al 7:30 p.m. Friday, Oct. 27. Pie coffee, doughnuts, cider and milk will be served in the cafe teria. The public is invited. bit more modest, optimistic side. At ine prolessional level are two pooling of minds this week: 1. The annual get-together ofl the National Association of Busi ness Economists in Chiaceo. Their president, Dr. George Cline Smith, a senior partner of Mac- Kay - Shields Associated, New York, says the standard forecast is for total output to hit a $570 billion annual rate by Hie end of 1962. But if it is to climb steeply alter that, he says that consum ers will have to spend more, and businessmen invest more in new plant and equipment, 2. The annual polling of econo mists by the F. W. Dodge Corp oration, construction news and marketing specialists. There is considerable spread this time in their views. But the average guess of the 316 economists puts the national output, Gross Nation al Product, at $565 billion by the end ot 1962. The average guess on the Fed eral Reserve Index of Industrial Production is a record high ol 122 by December 1962, compared with 112 this September. The 1957 average equals 100. Nearly all of the 316 see con sumer and wholesale prices creeping higher in 1962. Many ex pect mllation to be more of problem next year. Blamed are defense spending, domestic poli tics, the rising cost of services, and the stimulus of the uptrend in general business activity. Opinions of the individual econ- have more money with which to buy more products than ever be fore in history. 2. "There is nothuig in the cards to indicate that business ac tivity in 1962 will reach boom levels. First, the American con sumer is well stocked and bored to boot with the unimaginative goods being offered. Second, the heavy excess capacity hanging over a number of important American industries rules ouf a capital expenditure spurt next year or the year after. Finally, a $5-billion, or even a $10-biUion, increase in defense spending cer tainly will add to the demand pressures but stepped-up Federal outlays will be largely lost in our vast economy. J. Henry Helser & Co. 1nv3tmtnt Manicrf ElUbllshcd IM:t'. Office In Principal Welt Com! Citiet. Harold M. Rush, Sr. 2050 Auburn Ph. TU 2-4173 Klamath Falls M4tMftIAW COST, STORM DOORS, rfORM WINDOWS. PORCH muuJ HOLD IN HUT 'KEEP OUT COLD Save up to 40 on fuel TRAVELALL LEADS A DOUBLE LIFE You'll find your Thavelall two servants in one: it'll work as hard as you want all week and play all weekend. The Tkavelall is the only station wagon with an extra duty, truck-built V-8 engine as standard equipment. An engine designed to stand up under a 1000-hour, full throtUe, full-load torture test a test two to ten times longer than those given other V-8's you'll find in sta tion wagons. Every V-8 off the International assembly line is built well enough to take and pass this test. Tkavelall quality doesn't stop with its fine engine there are two suspension systems and frames : for light loads, you can get independent torsion-bar front suspen sion with a box section frame. For heavier work, there's a model with an I-beam front axle with leaf springs and a sturdy channel frame. All-wheel-drive is available if you should plan to go beyond the road's end. And Travelall has the capacity to match its ability to carry big loads: you can lay a 4x8 sheet of plywood flat in the back. Its 124 cu. ft. load area can be stacked up to 42-in. high with a multitude of things from pack ages to potted plants. These are only a few of the reasons why Thavelall can lead a double life. We can give yon more. Stop by for the details and a demonstration. TRAVELALL INTERNATIONAL U JUCKELAND MOTORS, INC 11th & Klamath Phone TU 2-2581 Fancy Green Peppers For Salads or Stuffing 10' This special, and oil grocery specials from other last week's od good thru Wednes day. Get your radio Bingo Cards at either Market Basket store. Market Basket 9th end Pine South 6th & Shasta Way I i America's Preferred Bourbon OLD CROW DISTILLERY CO.. FRANKFORT. KY.. KENTUCKY STRAIGHT BOURBOli WHISKEY. 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