Image provided by: University of Oregon Libraries; Eugene, OR
About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Oct. 30, 1961)
Businessmen Shape Op For Battle On Foreign Competition NEW YORr (API Some 2.000 businessmen today ttart a three day preliminary bout in what should be one of the toughest (ought battles o the weeks and months just ahead. At home the combatants are the advocates of lowering our trade barriers further and those who demand more protection against growing foreign competi tion. It's shaping up as the big gest tariff battle in years. The knockdown is expected when Con' cress reconvenes. In the world ring, the battle that threatens to grow ever sharper pits Uncle Sam against the Com mon Market in Western Europe, the British Commonwealth and Japan. President Kennedy has just' moved to put American exporters on a more competitive credit basis with those of other lands ho have been taking some of our markets. The Export-Import Bank and private insurance com panies will cooperate in financing and insuring export ventures. The 2.000 businessmen and bank ers are being joined here by 400 observers U.S. government offi cials, educators, students, and foreign diplomats at the Nation al Foreign Trade Convention. High on the agenda is American trade survival against growing econom ic intergation in Europe and Latin America. This week five U.S. Cabinet members the secretaries of state. commerce, labor, interior and ag riculturego to Japan for talks Nov. 3 on what to do about Ameri can and Japanese trade competi tion. Also, they will consider how the two nations are going to make out as Western European competi tion increases, especially if Brit ain joins the Common Market- France, West Germany, Italy, the Netherlands, Belgium, and Lux embourg. American businessmen meeting here hope to work out their own survival plans. They also expect to hear from Undersecretary of State George W. Ball details of No Place For Saturn In Defense WASHINGTON (UPI) - There Is no military use in sight for the mighty Saturn rocket. Defense sources said today that by the time "any military use for the eight-engined Saturn's great thrust Is needed the North Ameri can Aviation Co. Fl rocket en gine should be available. The Air Force is interested in putting heavy payloads into space. However, experts said, by the time any device such as an orbiting bomb platform could be developed, a better vehicle such as the Fl could be developed to launch it. National Aeronautics and Space Administration officials were elat ed by Friday's successful launch ing of a Saturn. "We're on our way to the moon," said one official. Later versions of the Saturn are de signed to carry three astronauts around the moon and back to earth. Space agency head James E. Webb said the launching was "an important milestone in the build up of our national capacity to launch heavy payloads" into space. If the Saturn with upper states were used for military pur poses, it could deliver a bigger bomb than the B52 bomber can carry, and the B52 capacity is more than 20,000 pounds. But the United States has no rocket that big and isn't building one. The sources explained that the Saturn was conceived for peace time purposes as the quickest: way lo catch up with Russia s ability to put heavy loads into space. any upcoming changes in the offi- cial U.S. policy on world trade. The administration is expected by most observers to come out strongly for lower trade barriers here as the best way to get more American goods into Western Eu-j rope, where internal barriers are falling to the likely disadvantage of outsiders, such as the United Stales. Many at the convention here are known to favor freer trade all around as helping everyone in the long run. They would put the accent on lowering our production costs and raising the quality of our goods as the best competitive gambit. But others are just as firm in their protests that some Ameri can industries are suffering badly from the inflow of cheaper for eign goods. They are demanding that if the administration won't raise barriers against such goods. the Congress should. Tempers are rising, and the new session wil! fall in an election year. The United States is exporting more goods this year than it is importing. Latest figures show ex ports running at $19.8 billion a year and imports at $15.2 billion. But this summer exports were slackening while imports were rising. So manufacturers who ex port are edgy, and those whose goods must compete with the growing imports are aroused. The U.S. Treasury also is un happy because the excess of ex- ports over imports isn t enough to offset all the other dollars the U.S. sends abroad. This balance-of-pay- ments deticit is also on the con vention agenda. U.S. manufacturers have lost much of their old edge in world markets. In the early postwar years they had the advantage of great strides in mechanization of plants. But Western Europe and Japan caught up some years ago. And today production costs m West Germany, France and Japan are 6 per cent lower than in 1953, while U.S. costs are up 10 per cent. West European production is in creasing, and so are its exports as well as domestic consumption Trading blocs there and in Latin America threaten American ex porters wilh being shut out of these growing markets. Many U.S. companies have opened branch plants within the trading-bloc areas to get the bene- Con Your Church, Organization, Club or Lodge Use $50 For Information ?all or See MR. WATKINS Tli 4-)MI IKN Ivorr fits of lower tariffs and less costly operating costs. But that's only a partial solu tion. In the world in general there's a big fight brewing. Monday, October 30, 1961 HERALD AND NEWS. Klamath Falls. Ore. PAGE I DRIRV PRESENTS KOTI-TV CHANNEL 2 TUESDAY 7::iO P.M. - So. 6th & Shasta Way Store Only OPEN 'TIL MIDNIGHT Monday Thru Saturday Open 10:00 a.m. to 7 p.m. SUNDAYS AND HOLIDAYS MARKET BASKET So. 6th & Shasta Way Store Only You're on your way to a wonderful time with ... SJalloweenfun-Toodg Fun foods . . party supplies . . . grand grocery savings; You ll enjoy snopping ar your nearby Safeway" store. . Hood River or Town House Mrs. Wright's "Oven-fresh" R N DONUT ODE Pressed from finest quality tree ripened fruit. Smooth mellow flavor. Regularly 89c Buy plenty! Gal. Plain or sugared styles A perfect 'party mate' for apple cider. A 'Trick or Treater' fa vorite, too! Doz. Orange Drink 2 - 49' Or Grape Drink, Lucerne non-carbonated, ready to pour. FREE MASK with each carton. : 1 (CMC $kr (CP 'Vi Ct0 J 40 YEARS SERVING THE NORTHWEST Prices effective Monday, Oct. 30 through Wednes day, November 1, at Safeway in Klamath Falls. We reserve the right to limit. HALLOWEEN CANDY Remember the "Little Spooks" and "Goblins" will be out Tuesday . . . Choose from these suggestions. f.-J.. D-. All your favorite 5-cent AO tSnay DflrS varieties Box of 24 70C Candy Sticks Roxbury 69c Roxbury LQr pkg. Fiery Pre-Dawn Crash Kills 4 MEMPHIS ( UPI ) Four persons were killed and two injured when three cars collided in a fiery pre dawn smash south of here, the hinhway patrol said. Officers withheld the names of the victims pending positive iden tification. - At least two of those killed were tapped in their burning car and died in the flames'. Officers said the crash apparently happened when a northbound car rammed into the rear of another automo bile, knocking it into the path of southbound vehicle. The car in the middle caught (ire, pinning its two occupants in side, police said. The wreck hap pened about five miles south of here. Wrapped Treats Jelly Beans Co,OM4,piMdia.sEr,29c Tops" Suckers Asst flpkgorsof 60 59c Milk Duds Hallowoy choc!lafes 625c ICE CREAM Vanilla or Neapolitan. Rich, smooth textured Snow Star. Reg. $1.49. Money Saving Gallon Ctn. 1 Extra Large A A Eggs Instant Dry Milk Soap Powder Ripe Olives Zee Paper Towels Cream O' The Crop Locally produced. Guaranteed quality Lucerne. Special savings on this BIG size White Magic Gentle, gets clothes white! Autumn Harvest Select size. Top quality at a LOW price Strong absorbent Reg. 3 for $1.00 53 $395 19' 6 No.! $f00 cant I 3 89 50 Quart 20 az. pkg. It's Safeway for the finest fruits and vegetables! Golden ripe, flavor ful; carefully han dled and cared for at Safeway. Pound MJB COFFEE Mb. Tin with Purchase of Two 49c Pkgs. of MOTHER'S COOKIES This Week at MARKET. BASKET Klamath Potatoes . 1 10 "... 29c Red Delicious Apples B 9" 19c Ruby Red Grapefruit 5S'5 -49c Florida Avocados N 19c - . t3 J v Safeway Meats Are Guaranteed To Please! mum "USDA CHOICE" Aged Beef Scientific aging insures perfect flavor, tenderness, and eating pleasure; carefully trimmed before weighing. STEAK 0 Bone-In "USDA CHOICE" Flavorful WICCiC 4 voneties .Ton Cereal 3 Com Chcx Rl1 Cream of Rice Ho' c,,eo' Santiam Corn Wh0" Kem" Eugene Bejits Crinkle cut I 89c Mustard French,prepored 19c 3 95c Hershey's Chocolo,e ,yrup 2 "JZ 49c 43c Easy On w ,,0,ch 69c 1 5 3.V. 89c Nine Lives p" food 2 N:. 29c 5 ".sr Kat Nip " Food. 6 49c Clam Chowder Snow's Homemade 00 flavor IS ox. can 7L Deviled Ham Underwood O 2Vt oz. tins L for ijt Detergent Trend powdered AQt 32 ox. pkg. iC Fels Liquid Detergent, Gentle! 22 ox. btl. 0t RaaI Riimn RArl1 UCCI I1UIIIM Flavorful 1J lb. More Grand Meat Values! CUBE f I Boneless rolled ft A oirlOlfl Tip 07C STEAKS Ground Round " 69c D C Sweeth i ui i jumauc u v i ib The Golden Treasure of Knowledge Vol. 10 Ml 99c " WW MU n 0 g i - I ib. Intmiimi ee O
