"DENNIS THE MENACE"
Titled British Boys Would Prefer To Be Known As 'Mister'
IPACE 14
Monday, June 24, 1963
HIH4LD ANO NIWI. Klimith Falls, On.
I HOPE YA WJ wrsA TIM6 TO LISTEN 'CAUSE THIS HAS 8EEN
ONE Of THEMWS.
Kennedy Gains On Ike
In Field Of Deficits
By LVLE C. WILSON
United Press International
The Democrats are making
progress in the field of Treasury
deficits. Their deficits are getting
blfiger.
President Kennedy lias not yet
matched the whopper turned
by Dwight D. Eisenhower for the
fiscal year 1959. But Kennedy is
gaining. Ike s big red number
was $13.4 billion.
Kennedy began modestly at
first. His fiscal year 1961 Treas
ury deficit was a mere $3.8 bil
lion. In fiscal '60 Ike hod turned
up a surplus of $1.2. But that
trend was too good to last. After
a modest first year beginning,
Kennedy came up in fiscal '62
with a Treasury deficit of $6.3
billion. Secretary Douglas Dillon
toted up the Treasury's books as
of last May 31 and found that for
the first 11 months of the current
IBM fiscal year, the Treasury def
icit was an Imposing $10.6 bil
lion. Dillon expects that figure to I
have shrunk some this month so
that when the fiscal year ends at
midnight, June 30. the deficit will
be down to about $8 8 billion.
Trend Is Set
But Uio upward trend is "well
established. Dillon estimates that
the deficit in (he next, IflM, fis
cal year will hit $11.9 billion.
That figure may be somewhat
gimmlcked because it is a mat
te of pride and politics with the
Kennedys to keep their deficits
below the 1939 whopier cluirged
to Ike. Even so, the recorded and
estimated Kennedy deficits for
fiscal 1961-64, Inclusive, total
$12.7 billion. The final figures are
likely to he even larger.
When the President sent to
Congross 18 months ago the
budget for the current, 1963, fis
cal year ho predicted a surplus of
(U(tf million. Kennedy's econom
ists are wishful thinkers, how
ever. They misled him into a cal.
culution thai a booming business
revival would gixsitly boost Treas
ury revenue in fiscal '63. They
did not press for economies in
government sjiending as a liedge
against any revenue miscalcula
tion. In A Trap
On their advice, Kennedy finds
himself entrapped in tlio quick
sands of deficit spending with no
chance of being rescued in his
first White House term and not
much hope of rescue if he is
president for another four years
beyond that.
Deficit spending has become a
political way of life, especially
for tlie Democrats. Kennedy eco
nomists have toyed will) tlie klea
of a pump priming spending pro
gram to give llw economy a lt
In the mm. They turned finally
SHIP AND
TRAVEL...
autOTiated
mil way
to a massive tax reduction which
would be accompanied by more
Treasury deficits at least through
fiscal year 1967. They have not
much interest in exploring the
possibility of reducing govern
ment spending toward a balanced
budget.
Thcro are sober warnings that
endless deficits 27 since 11)30
seriously undermine the purchas
ing power of the dollar. The buck
is worth about 45 cents now as
compared with what it could buy
in 1939. Sober warnings, too. that
tlie unfavorable balance of inter
national payments hurts the U.S.
dollar.
Criticizes Deficit
President Alfred Hayes of the
New York Federal Reserve Bank
said in an April speech before
the Economic Club: "The inter
national payments deficit re
mains much too high. A prolonga
tion of heavy deficits cannot fail
to damage (lie dollar badly."
Hayes was talking about the
dollar in your pocket and your
dollar in the bank. President
Kennedy's proper pride in his
place in history may turn his
economists to consider economy
before he leaves the White House.
And it may turn his foreign aid
advisers to think h:trder about
tlie imbalance of international
payments and their effects on
your dollars in pocket and bank.
COLUMBUS' GRAVE
According to Spanish authori
ties. Columbus body is buried in
the Cathedral of Seville. Some Cu
bans contend that his remains
still arc in tlie Havana Cathedral
and these say a false set of bones!
was moved to Seville in 1898.
LONDON (UPD Once upon
a lime every British boy was be
lieved to dream of the day when
he would have a title. Now an
increasing number of Britons with
titles are dreaming of the day
when they will be plain "Mister."
For "Mister" is a title that
carries with it an opportunity the
trend of the times denies the
doughty dukes, the belted earls,
viscounts, the marquesses and
barons.
Namely, a chance to be prime
minister.
The pressure from "reluctant
peers who fear their political
careers will be ruined by their
being forced to sit in the House
of Lords instead of the House of
Commons is so great that the
cabinet has approved legislation
-that will enable them to assume
the status of commoners.
The government timetable coulu
make this law by July, which
would be a big victory for An
thony Wedgwood Benn who nearly
two years ago first pleaded for
the right not to inherit his fa
ther's title as Viscount Stansgate.
Under the present government
proX)sals, anyone who Inherits a
title would have the right to sur
render it for his lifetime. His
decision would not affect his heirs.
He would then be able to run I Prime Minister Harold Macmillan.
for the House of Commons in the Of the two, Hailsham is said to
knowledge that he could not be be the more eager for the high
forced out of it by the fact he office. Lord Home probably would
m one leenaoay
th ONE-STEP aid ta
pptit control tor
wilful iei
- v
30-day supply,, . 395
60-djy supply . . . 69S
Imiilnt, dletlnf th.
Rainless IFF.N way!
nthlne, to mix, no need
to itarvtl One UtN
Camilla a day with timed
action reiulatei and
trips curb your appetite
6 to 10 nnurt. Iha UtN
plan mattes It aailar to
aonere to a lowcaiofi.
diet while aetini your tavorita toodt.
And remember, solid food keeps you
telular. keeps ynu leellni lit while
lotint unwanted pounds. For uja
as wall as GALS, tool
was eligible to sit in the House
of Lords as happened to Wedg
wood Benn.
No member of the House of
Lords has been prime minister
since the Marquess of Salisbury
in 1895. None is likely to become
one again in the foreseeable fu
ture. If the proposals become law.
Viscount Hailsham. Minister for
Science, and tlie Earl of Home,
who is foreign secretary, could
then enter Commons and contend
if they wished for the office of
prime minister. Both would be
strong candidates to succeed
have to be "drafted
Tlie Earl of Sandwich, who was
a Conservative member of Parlia
ment before he inherited his title,
is another who might prefer to
return to the House of Commons.
Baron Altrincham, occasionally
a critic of royalty in his writings,
is another who plans to run for
Commons if the law is changed.
Viscount Lambton, a Conservative
MP and son of the J8-year-old
Earl of Durham, might also be
affected. So would Lord Balniel,
another Conservative member who
is heir to the Earl of Crawford
and Balcarres.
Protect Against
Major Medical Expense
Mllh
CqutUble'i I.J vine Inturince
John H. Houston
Servlre Since IUM
BEESLEY end MURRAY ,
ATTORNEYS at LAW
announce the termination of their
partnership as of June 30, 1963.
Mr. Richard C. Beesley will remain
in the general practice of law at
538 Main Street, Klamath Falls,
Oregon, Mr. Freeman C. Murray is
retiring from the practice of law in
the City of Klamath Falls and will
announce his futue plans at a later
date.
list H o
Announcing the
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Scotch Treat
Frozen fruit
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m my p'd reasons.
m shopping Safety' this wk.
W " -
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and v A V X.. 4 J
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Ripe Olives
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Sandwich Spread
Obcrti. Picnic size
No. 211 can
Fresh cucumber disks
16 oz.
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favorite.
Kiddie's
24 oz.
51 00
99c
51 00
41 oo
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Boiling Beef
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Veal Steaks
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lb,
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Crest
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379
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Prices Effective Mon
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Wednesday, June 26
at Safewav m Klam
ath Falls. We reierve
the right to limit.
Pink Salmon j Bked Beans j Brown Bread
Bumble Bee
Toll con
69
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Ph.
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