I
University of Oregon
Library
Eugene, Ore. 97^03
Nyssa Gate City Journal
66th Year, 52nd Issue
Nyssa, Oregon
The Sugar City
Thursday, December 28, 1972
BABSON'S REPORTS
FIHANCIM-BUSINESS
FORCAST FOR 1973
By Babson's Reports !nc.,
Wellesley Hills, Mass., Decem­
ber 28, 1972. Our Forecast a
year ago was heavily laced
with reasons for optimism re­
garding economic and financial
prospects for 1972. In retro­
spect, our two key predictions
proved to be correct. On the
economic front we envisioned
the emergence of a mor? hope­
ful attitude on the part of bu­
sinessmen and consumers that
would speed up the economic
recovery. On the financial front
we projected a good year for
the stock market in 1972, and
indicated that the Dow Jones
Industrial Averagewouldpierce
the 1,000 mark in either late
summer or early fall.
HOME FREE IN ’73
1972 turned out to be a year
of almost unbroken economic
and business progress. The
public might well have been
more keenly aware of this heal­
thy environment had it not been
for the politically motivated
rhetoric on some of the less-
than-Utopian aspects of the bu­
siness picture. The most fa­
cile means of forecasting is,
of course, simply to take pre­
vailing conditions and project
them into the future, even though
this is not necessarily the most
logical or accurate way. Such
an approach is commonly used
among laymen, and often even
by those mor? knowledgeable in
business affairs Little won­
der, then, that just as opti­
mists were conspicuous by their
absence a year ago, most fore­
casters of 1973 business up to
this point reflect today's en­
thusiasm and happy anti­
cipation.
POCKETS OF POTENTIAL
TROUBLE
The staff of Babson’s Re­
ports once again stands some­
what apart from the herd and
takes a more moderate view of
developments over the next
twelve months. Our opinion is
far from pessimistic, but it
does incorporate a healthy res­
pect for some of the vital pro­
blems which the nation's eco­
nomy may have to face in the
new year. Hence, readers of
this Babson Forecast are ad­
vised to be psychologically pre­
pared to cope with possible dis­
ruptions of varying intensity
along the labor front, on the
1973 Oregon
Potato Confab
INFLATION--GRAV1
OR TOLERABLE?
Prospects for 1973 hinge so
importantly upon the Inflation
threat that anearlyexamination
of this subject seems appro­
priate.
There are two types
of inflation, monetary andprice.
In trying to pull the economy
out of its recent recession, the
monetary authorities openedthe
spigot and increased the money
supply.
They accomplished
their objective, and their re­
cent actions have been more
moderate. In 1973, therefore,
we can look for the monetary
officials to “lean against the
wind" whenever it becomes ne­
cessary to squelch any fresh
threat from inflationary forces.
But unless price (and wage)
inflation commences to slip out
of control, it is not likely that
th«« severe tightening of money
The 1973 Oregon PotatoCon-
ference will be held in Ontario,
Oregon on January 17, 18, 19--
1973. The Malheur Potato Gro­
wers Association under the di­
rection of their President Fred
Deffer will be local hosts for the
Conference.
The Potato Conference ses­
sions will be held in the Ar­
mory Building of Ontario and a
Chemical and Implement Po­
tato Trade Fair will be lo­
cated in the Armory and in the
Exhibit Hall of the Malheur
Among the 197 undergraduate
Fairgrounds.
According to Warren Hen­ students whose grades put them
ninger,
Malheur
Extension on the EasternOregonCollege’s
Agent, a crowd of over 300 dean listwereCarolyn Wardand
people Is expected to attend Joann Timmerman of Adrian
the conference and trade fair and Karalee Faw of Vale, all
and to hear a varied assort­ with perfect averages of 4.0
ment of talks on potato pro­ along with 46 others.
To be eligible for this honor
duction and marketing. Potato
industry people from through­ listing, students must be en­
out the Northwest will be in rolled for at least 12 hours with
attendante.
letter grades. The honor listing
Both Deffer and Henninger includes the following students
urge Treasure Valley potato from this area with averages
growers and other interested from 3.5 to 3.9: James Dail,
persons to attend this three- Nyssa, David Phelps, Adrian,
day potato conference and trade Robert Micheli, Margaret Ross
fair to be held the third week and Nancy Schallhorn of On­
tario.
of January, 1973.
EOG Dean's
List Report
Ten Cents
COMPOSITION, PHILOSOPHY
AND ACTIVITIES OF
TVUAC ORGANIZATION
monetary scene, in the fight
against inflation, and In areas
of high sociological sensitivity.
STRIKE THREAT
A year from now, we may
look back and credit labor re­
lations with having molded the
profile of 1973*s business pat­
tern. Whether the nation is to
suffer an Inordinate degree of
economic dislocation during the
coming twelvemonth could de­
pend to a considerable extent
on just how agressively and
persistently
labor
leaders
press their demands, and also
on how the Administration hand­
les th? labor issues in its ef­
fort to stave oft serious, long­
term
injury to the economy
from further ravages of in­
flation. While the Babson staff
is hopeful that the overall da­
mage will not be excessive,
there are bound to be a num­
ber of conflicts which will jar
business and public confidence
/or a while.
labor-management confron­
tations will start at the crack
of the new year and, except for
brief respites, will remain on
scene throughout 1973. It is es­
timated
that
more
than
4,000,000 workers in a fist­
ful of key industries will be­
come involved in new labor con­
tract negotiations. First at bat
are the United Rubber Wor­
kers
who are already facing
the petrochemical companies to
hammer out a labor pact to
replace the one just expiring.
Bargaining will be due there­
after in rubber, cement, con­
struction, apparel, retail trade,
services, electrical manufac­
turing, and foods. Most im­
portant, however, are ne­
gotiations involving the Team­
sters and United AutoWorkers.
The fact that both of these
significant contract expirations
will be quite close together is
disturbing
since
industrial
production couldplummet shar­
ply for an indefinite period if
either or both groups should
strike.
Thunderegg Capital
Speech prepared for delivery vided that the local com­
to Ontario Chamber of Com­ munities
will have input and
merce by Neil Venturacci, De­ representation. The TVUAC has
cember 18, 1972.
been constructed on such a man­
COMPOSITION OF T.V.U.A.C. ner that all interested organi­
This board has four com­ zations with the foregoing be­
munity representatives; two liefs can be active with
from Ontario and one from Vale
Policy Board to Nyssa Multi­
and one from Nyssa. Seventeen Service Center
Mexican-Americans and one of MALHEUR COUNTY MIGRANT
Indian extraction are members
HEALTH BOARD
of the board.
As your representative with
The majority of the minority the TVUAC, I would like to re­
people on this board are former port our role regarding the two
field workers who have up­ foregoing boards.
graded themselves, have steady MEETING WITH NICK PEET
jobs or own their busmess and
RE POLICY BOARD AND
own their own homes.
CLINIC LOCATION
PHILOSOPHY OF T.V.U.A.C.
Re: Policy BOARD: Nick Peet
This board feels they want to requested to meet with Richard
be a part of implementing, di­ Mejia, our chairman. Mary
recting or advising on any pro­ Thiel, our executive director
gram developed in Malheur and myself. We three invited
County that is intended to up­ Hap Logue and Margie Kent of
grade low income people, es­ COG.
pecially the Mexican-American
Nick Peet offered TVUAC the
This board feels that a pro­
role of a policy board with the
gram can be successful pro- Multi-Service
Center.
Our
board would have direct pipe­
line to Jacob Tanzer, Director
of Human Resource Division,
while the advisory board would
have a pipeline as far as the
local manager.
The TVUAC voted to accept
A number of unclaimed Fe­
deral income tax refund checks this role provided that the State
ranging from $1.70 to $4,877 satisfactorily explain our re­
are waiting to be claimed ac­ sponsibilities and to reassure
cording to Ralph B. Short, Port­ us that there will be no con­
land Internal Revenue Service flict between the elected ad­
visory board and our policy
district director.
Listed from this area are board.
Re: Health Clinic Location:
Shikaji Tsuboi, Perfecto and
Maria Valero, James and Linda Nick Peet said the newly ele­
Bester, Verna Hager, Diana cted migrant health board would
Holloway, William and Bonnie take over the project from the
Holton,
Philip
Mac Knight,
(Continued On Page 11)
Leslie
Smith
and Ernest
Timmons, all of Ontario; and
Gordon Nieman and Larry and JIM EDENS NAMED
Consuelo Quintanilla of Vale,
Myrtle Blodgett of Nyssa and SIMPLOT MANAGER
Wealtha McCord, Huntington.
James Edens has been named
manager of the Glens Ferry
Resident Students
Simplot Soilbuilders, announced
district manager Dwain Mooso.
Entitled To 50%
For the past several years,
Edens has been a fieldman­
Reduction on Dorm salesman with the Nyssa, Ore­
gon
Soilbuilder outlet.
He
Under a new policy recently worked part-time with Simplot
instituted by the Treasure Val­ in 1959 and 1962 and joined the
ley Community College Board permanent staff in 1965. He is
of Education, students who gra­
a graduate of Adrian High
duated from a high school within
School.
the college district are ele-
He and his wife, Reva, and
gible for a 5(X< reduction in their four children have an
dormitory rates while a student acreage in Parma and will move
at TVCC. This results in a to Glenns Ferry as soon as they
$75 saving and reduces the
find a house.
total package for food and hous­
ing from $310 per term to
$235. Anyone who feels he might
qualify for this special rate
should contact the college Hous­
ing and Food Service Office.
Registration for winter term
classes at Treasure Valley
Oregon High
Community College begins We­
dnesday, January 3, in the
School 1972
Weese Building. Returning stu­
dents register in alphabetic
Graduates Drop
blocks according to the follow­
The number of Oregon public ing schedule:
9:00
D-—G
high school graduates dropped
10:00
A——C
for the first time in six years
11:00
R——S
in 1972, State Superintendent
Dale Parnell said today, but
1 00
T----Z
he predicted the number will
2 00
M----Q
increase in 1973 and hit a new
3
00
H
——L
high in 1974.
Between the hours of 6:00
Parnell said 31,882 gradua­
ted last spring, 875 less than p.m. and 8 30 p.m. anyone may
in 1971 when a record 32,757 register - for classes listed
received their diplomas. He es­ on the regular college sche­
timates about 32,400 will gra­ dule. Classes offered only by
duate in 1973 and close to the Office of Continuing Edu­
cation will register at the first
33,000 in 1974.
David Douglas High School class meeting.
The Office of Student Affairs
in Portland graduated 679 in
1972, replacing Medford as the will be open until 8:30 p.m. the
state’s largest graduating class. following evening and from 8 00
Following David Douglas were a.m. to 5 00 p.m. until Ja­
Medford 627, McNary 606,South nuary 12 for those who miss
Salem 558, Grants Pass 544, the January 3 registration.
Prospective new students and
North Salem 525, Corvallis 519,
Beaverton 501, Hillsboro 490, transfer students may call on
a counselor at those hours from
and Grant 486.
Malheur County had 449 gra­ now until January 12 to make
duates in 1971 as compared to application and lay out a study
program.
402 in 1972,
Taxing Refunds
Go
space or on the earth, man achieves wonders through his own indomitable
spirit. Thus the promise of the future lies within ourselves and in our
determination to make that future bright.
and credit which precipitated
the 1968-’69 credit crunch will
be repeated.
This does not mean we have
put inflation entirely at rest.
Some price and wage inflation
seems unavoidable in the year
ahead, the primary question Is
just how severe it will be. De­
termining factors will be the be­
havior of labor, management,
and the Administration. If la­
bor is agressive and adamant
in its demands and if manage­
ment makes little or no attempt
to hold costs to a reasonable
rate of increase, the seeds
will be sown for a potentially
dangerous crop of inflation of
the cost-push type.
WHAT WILL THE
ADMINISTRATION DO?
The Babson staff foresees
some sharp jawboning by the
Administration to convince la­
bor and management that they
must co-operate in keeping wage
and price increases within to­
lerable range. Should such mo­
ral suasion fail, however, there
is always the last resort Price
and wage controls far more re­
strictive and of greater scope
than the partial curbs and guide­
lines we have been operating
under for about a year and a
half. With such stringent anti­
inflation curbs, neither labor
nor management nor the con­
sumer really benefits or is
happy. Hence, we are hope­
ful that the pending labor ne­
gotiations
In pattern-setting
fields will tie resolved with
only moderate price inflation
and without business stoppages.
If price inflation should be
held to a walk in the early
months of the new year, there
is a good chance that controls
will be modified and eased.
Although it would be unrea­
listic to expect total cessa­
tion of anti-inflation controls in
1973, even some relaxation
would have a positive impact
(Continued On Page 12)
Oregon Expects $46 Million
phased in over the coming year,
Ullman said, 1974 is the first
full year for which reliable
estimates can be made.
Changing
the "retirement
test" for Social Security will
also allow some 20,000 people
in Oregon to receive benefits,
or
added benefits, Ullman
noted.
He said the new Medicare
laws would provide 18,000 peo­
ple with hospital insurance pro­
tection during 1974.
“These figures from HEW do
not include the new- supplemen­
tal security income program for
the needy, aged and the disab­
led,"
Ullman said.
“That
new program
provides them
with an income floor of $130
a month for a single pierson and
Don’t forget the last Red $195 for a couple.
Cross Blood Drawing for 1972
today, Thursday December 28, TVCC Has Additional
at the Eagle’s Hall between 2 and
Assistance Funds
6 p.m.
The Mjlheur Memorial Hos­
The Treasure Valley Com­
pital Auxiliary is conducting
the program this year and need munity College Financial Aids
all the help they can get to Office announced today that it
meet the quota of 150 pints. has received additional funds
The need is great as an in­ for three student assistance
creasing amount is demanded programs. This money will be
during the holiday season due made available winter term to
to emergencies and traffic ac­ both new and to previously en­
rolled students who qualify. Fi­
cidents.
nancial Aids Officer, GaryHal-
com, said the additional money
is available in the Work-Study
program, NDEA Student Loan,
and Equal Opportunity Grants.
MIN
PREC
DATE
MAX
Additional payments of some
$46 million are expected to be
made in Oregon during 1974
as a result of the new Social
Security and Medicare laws
passed by Congress this year,
Congressman Al Ullman re­
ported Tuesday.
Ullman said that according
to Department of Health, Edu­
cation and Welfare estimates
total Social Security and Me­
dicare payments to Oregon
could run as high as $792 mil­
lion during 1974.
Because many of the pro­
visions in the new law are
Blood Drawing
Today Dec« 28
WEATHER
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
Dec.
20
21
22
23
24
25
25
26
27
52
46
47
52
27
32
34
31
36
—
38
—
—
32
32
Concerning the Equal oppor­
tunity Grants, Halcotn said that
for students who had a grant
.13 as freshman, there is suffi­
cient funds for a second or re­
newal year grant
Owyhee Reseroir Storage
12/27/72 503,410 Ac re feet.
12/27/71 522,620 Acre feet.
Any student, either
pros­
pective or already enrolled,
who is interested in applying
for one of these assistance
programs should contact Mr.
Halcom soon at the Financial
Aids Office.
Oregon State
Honor Roll
Names of local students who
made the scholastic honor roll
fall term have been announced
by Oregon State University.
A total of 429 OSU students
made the straight-A honor list­
ing and another 1319 qualified
for the B plus or better honor
roll.
Local students on the list
included
NYSSA:
Paul K. Fujimoto,
senior, Engineering
Martha
A. Heider, sophomore,Science;
Esther M. Hori, sophomore,
Science, William D. Lawrence,
senior, Engineering, Ronald J.
Sarazin, sophomore, Engineer­
ing; Barbara L. Tensen, senior,
Education.
ADRIAN, Jane M. Brewer,
senior, Education.
Malheur Paid
By Eight Firms
Fight taxpayers in Malheur
County paid 18.3 per cent of the
county's taxes for the 1972-73
year according to information
from the Malheur County tax
office.
The eight firms have paid
a total of $1,223,000.
Total
taxes to be collected this year
in the county is $6,698,473.
The eight
largest county
taxpaying firms who have paid
their taxes are Ore-Ida Foods,
$362,000; Amalgamated Sugar,
$315,000; Idaho Power,$200,-
000,
Union Pacific $148,000,
Malheur Home Telephone $94,-
000;
Cascade Natural Gas,
$61,000, El Paso Natural Gas,
$26,000, and Pacific Northwest
Bell, $17,000.
nclai med"
W inter Perm
Registration