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The Capital Journal from Salem, Oregon • 2

Location:
Salem, Oregon
Issue Date:
Page:
2
Extracted Article Text (OCR)

yatt Is Uncertain-: i. it tt it 1 mns Aboiit Bond. Practices 4 ot Mt. Angel Contest Planned rate than the corporation can, iff Aluminum a new subsidiary of Bell Inter-Continental Corporation. "At the same time," Wyatt says, "44 other states had similar laws on the books.

We had a chance of getting bigger industry by this method of fi- nnnoin rr on1 tnimfnA hippo rm By G. C. THELEN JR. WASHINGTON (AP) Rep. Wendell Wyatt, says the widespread practice of underwriting industrial development with taxfree municipal revenue bonds may be a giant, unjust, tax dodge.

But Wyatt said he helped pave the waj for the much-criticized municipal financing of a $140 million aluminum plant in War- of Astoria, to float a $140 million Industrial development bond for the aluminum plant at Warrenton in the port district The Oregon issue is the latest for such bonds, which have been denounced by the Treasury Department and the Investment Bankers Association. Corporations use industrial development bonds to finance construction of plants in towns eager for industry. The company actually guarantees the bonds and leases the plant, but the town floats the issue because it can get a lower interest 1 Monte -'Indians Are Irresponsible' MT. ANGEL A four-team soccer tournament will be the feature of an ambitious sports agenda at the Mt Angel Okto-berfest Sept. 21-24.

The soccer will be the first played publicly here. Teams from Willamette Uni-ity, University of Portland and Reed College are scheduled to compete, according to Len Butsch, chairman of athletic events for the Oktoberfest. Portland and Oregon State will meet at 1 p.m. Saturday, Sept. 21.

Reed and Willamette will play at 2:30 p.m. The winners will meet in the championship game at 1 p.m. Sunday. There will be no consolation bracket. They will play on Eb-ner Field.

A trophy will be awarded to the winning team. Several Oregon colleges and universities play competitive soccer, but no formal league has been organized. Sports car enthusiasts may participate in or watch the renewal of the Mt. Angel Auto-cross Saturday at noon. It will be conducted this year by the Willamette Motor Club.

A course will be laid out on downtown city streets. More than 40 drivers competed last year. Another feature of the festival will be the state waterball championships. Participants will be several Oregon fire departments whose men will try to propel a ball into the opponents' goal with fire hoses. The tournament will start at 2:30 p.m.

Sunday. Bicycle races also are scheduled Sunday at 12:30 p.m. reniun, in ms oisirici. "I question the propriety of this kind of device to promote industrial development," Wyatt said in an interview. "But I'm not committing myself on whether the over-all scheme is good or bad until I've seen fig ures on the tax loss to the Treasury.

"If after study, the tax loss is found tc be sizeable, I would consider this one of the inequi ties in the tax system that should be plugged." But he says the practice should be continued if the tax loss from the bond revenues is outweighed by the tax gain from the jobs and income generated by the new plants. Washington and Wall Street are astir over the plans of Port A Spinningly Good Time at the day. The wheel is powered by a motor. Ronnie is the son of Mr. and Mrs.

Norman Wingert, 970 Cascade Drive NW. (Capital Journal Photo) Eight-year-old Ronnie Wingert of Salem got to ride a spinning wheel, non-sewing variety, as he visited Marion County's booth at the Oregon State Fair Fri JJOdAITBi) apotafl Romney Tops in Hermiston Poll is. Section 2 Salem, Oregon, Saturday, August 26, 1967 The U.S. Treasury loses taxes that investors would pay if the bonds were regular corporate securites. The revenue loss is estimated to be $75 million yearly, and rising rapidly.

Wyatt says he was active in urging a law the Oregon legisla ture passed in June permitting ports and other municipal bod ies to sell tax-free industrial bonds without an approving vote of the people. The law opened the way for Warrenton, a coastal town of 1,717, to welcome the Northwest The Yakimas, he said, "have thumbed their noses at the gov ernors of two states and this is an action that no law abiding citizen can or will tolerate." The Indians have set i season when maximum escape ment usually is required. Montgomery, speaking at the dedication of the new Westend Moorage here, said "we've bee proud of the Indians' actions in the past in observing high conservation standards. "But now, they offer a threat every bit as serious as the threat posed by the pirates and plunderers of foreign nations who have invaded our fishing grounds," he said. The dedication was one of the events of the annual Fleet Regatta.

Montgomery, a Eu gene Republican, was fleet admiral. Portland Man Hurt in Crash John F. Ross, Portland, was in lair condition tnis morning with numerous bruises, scrapes and a possible concussion following a one-car accident short ly before 3 a.m. today on Inter state 5 south of Salem. btate ponce said noss was driving south near the Turner Sunnyside junction when his car rolled over several times Ross was admitted to Salem Memorial Hospital.

Thief Impatient Look for an impatient thief. A sign "Patience Please, Building a Water Line for a Better City" was stolen from a construction site at Browning Avenue and Liberty Road SE, Salem police said. COLOR Gar Moving; Woman Falls Mrs. Carol Sohn, 34, who fell out of a moving car Friday night on the Marion Street bridge, was in good condition this morning at Salem General Hospital. Salem police said her husband, Harold, was driving west when his wife fell.

Mrs. Sohn, who was lying unconscious when officers arrived, suffered Druises in tne iaii, nospiiai at tendants said. Two Fires In Newport NEWPORT Two fires burned brush and slightly damaged a house in Newport Friday. A blaze broke out in brush and grass near the Kenney Hayes residence on Old Toledo Highway about 10:30 a.m; No damage was reported. About 8:30 p.m.

fire started in a stove in a house occupied by Lloyd E. Brewer, 951 N.W. 7th St. Firemen blamed defective wiring in the stove. 3 Police Report These complaints were re ported today by Salem police: Woodmansee Park, 748 Wood mansee Court SE, Coin box ot electric stove pried open; undetermined amount of money taken.

Stevenson and Mefford service station, 619 Court St. NE, $91.28 in cash stolen in burglary; money bag and cash and charge slips later recovered, but money missing; entry to station made by cutting hole in window near latch. University Drug, 1220 State of undetermined amount of narcotics and barbiturates; burglar entered by cutting hole in roof. Paul Meyers service station, 3390 Portland Road NE, $240 in cash and check for $89.68 taken in burglary. SAAB SWEDEN'S SAFETY CAR 404 Coml SE Anniversary Festivities Honor Father Charles Polk Loses Sanitarian DALLAS Polk County's sanitarian, Rodney Atkins, has resigned effective Sept 7.

The County Beard of Commissioners accepted the resignation Friday. Atkins is leaving to take a job with Douglas County. In other business Friday, the board recommended three persons for membership on Mid-Willamette Valley Air Pollution Authority. They are Harlan Rohrbough, Kenneth Shetterly and Walter Daniels, all of Dallas. Fair Page 9 couver Island," published in 1926.

Most recently he was serving as chaplain at the hospital in Astoria and shortly before had served as chaplain in Providence Hospital in Portland. He was in Astoria when he became ill last February and underwent surgery which forced his retirement. Until that time he was the Northwest's oldest active priest That's High Enough ROSEBURG (AP) School officials in Roseburg have an nounced that skirts and dresses can be no shorter than three inches above the knee. The recommendation on dress by the school officials was issued "to inform students and parents in time to influence their judgment in the selection of school clothes." KNOWN FOR VALUES Stock When Father Charles returned to the abbey he once again worked for the abbey press office while assisting in parish duties from time to time. Over the years Father Charles also has served as abbey subprior and guestmaster, as a priest in Northwest parishes both full-time and part-time, ministered at both institutions and hospitals, and written a book, "Reminiscences of Van HERMISTON, Ore.

(AP) A newspaper reporter asked 100 Hermiston area residents whom they wanted to be president of the United States. Mills Close Because of Log Shortage PORTLAND (UPI) Many of Oregon's small lumber mills have been closed because of a shortage of logs, State Rep. Robert Smith, Burns, said Friday. He told the City Club that the scarcity was due to U.S. orest Service timber manage ment policies.

Smith called the Forest Ser vice sustained yield tormula obsolete and urged the federal agency to bring its timber management policies in line with those or private owners. He pointed out that timber was Oregon largest industry and employed 60 per cent of the state's wage earners. 'Oregon's economy is tied to timber and booms, or goes into a depression, according to the timber market," Smith said. 'Timber must play an impor tant part in Oregon's growth." The Burns Republican is chairman of the legislature's Interim Committee on Public Lands. Ohio Firm Mav Buv Oremet ASTORIA (UPI) House Speaker F.F.

Montgomery said today that an "irresponsible group of Yakima Indians in Washington" poses a threat to the fishery resource on the Co lumbia river. Republican Gov. George Romney of Michigan led the poll with 26 straw votes. President Johnson followed with 21; California Gov. Ronald Reagan, a Republican, with 19; former Vice President Richard B.

Nixon, a Republican, with 11; and New York Gov. Nelson Rockefeller, a Republican, with 18. The Pendleton East Oregoni-an newspaper also asked whom the 100 wanted in the U.S. Senate post now held by Morse. Morse and Robert A.

Duncan, both Democrats, tied with 43 votes each. They were followed by State Rep. Robert Packwood, R-Port-larid, 12; and Phil McAlmond, a Republican businessman from Portland, 1. Umatilla County has 10,141 registered Democrats and 8,524 Republicans. Fire Log FRIDAY 11:57 a.m.

Fire in timber in 6000 block Silverton Road NE; caused by children with matches; no damage. (Marion Fire District 1) 12 noon Grass fire in alley of 1600 block Grant St. NE; no damage; caused by children with matches. p.m. Car fire in 700 block Cottage St.

NE, due to carburetor backfire; $25 damage. if Angel just 10 years after the abbey was founded by monks from a Benedictine monastery in Engelberg, Switzerland. His first assignment was working for the Benedictine printing office here. Shortly afterward, however, he was sent to British Columbia to work with the West Canadian Indians. He remained in the northern islands for 30 years.

dell Wyatt, said Friday. Wyatt said his investigation of the decision to close the ento mology research facility re vealed no evidence to link the closure with charges by Herbert L. Griffin, a Negro employe who charged fellow workers and superiors with discrimination. Dismissal Asked ASTORIA (AP) Robert Leon Thompson's attorney has asked Clatsop County Circuit Court to drop a first degree murder charge against the 32-year-old Astoria man. Nicholas Zafiratos, the attor ney, said Thompson has not been -granted a speedy trial.

Thompson is charged with the April 11, 1966 slaying of Connie Boots, 27, in an Astoria tavern. In May, a mistrial was or dered when the jury could not reach a verdict. Fire Chief Named REDMOND (AP) The city council has named Don Anderson as chief of the volunteer fire department, replacing Fayet Scottins, who resigned because of ill health. Anderson said he MT. ANGEL-Father Charles Moser, the oldest living monk at Mt Angel Abbey, Friday observed his 93rd birthday and 75th anniversary of his arrival at the monastery.

A native of Switzerland, Father Charles arrived in Oregon when he was 18 years old. He made his religious profession two years after his arrival and was ordained as a priest June 22, 1898. Father Charles arrived in ML bring the firm's investment Wauna to $100 million. Reed Hunt, board chairman, said construction of the tissue machine will start in 1968 with completion scheduled by 1969. 25-Year Sentence ROSEBURG (AP) Dwight Loren Smith, 38, was sentenced Friday to 25 years in the state penitentiary.

He was convicted in Douglas County Circuit Court on July 18 of second degree murder in the Dec. 1966 slaying of Christ Anton, 69, in Coos Bay. No Discrimination CORVALLIS (AP) The closing of a Department of Agriculture laboratory in Corvallis has no connection witn charges ot racial discrimination, Rep. Wen feton? Briefs I TV SALE I I 1 i A Ji jftr' i I MIDDLETOWN, Ohio (AP) Armco Steel of Middletown, Ohio, is negotiating to buy more shares of stock in Oregon Metallurgical Corp. (Ore-met) in Albany, Ore.

Metals Week Magazine, a trade journal for metals producers, said Armco wants to buy the stock from the La dish Milwaukee, Wis. 2 Oremet produces titanium ingots. The stock purchase would give Armco, one of the nation's 10 largest steel producers, an estimated 53 per cent of the Albany firm's stock. Armco bought about 30 per cent of Oremet's stock in January. Since then, the Albany firm has begun a $13 million expansion program, including six furnaces to increase titanium sponge production by lOVi million pounds within the next 18 months.

To Install Machine WAUNA (AP) A $9 miljion tissue machine will be installed in Crown-Zellerbach paper products complex in this Columbia River community. Officials said the machine will color to (i mm 1 mm RANDOLPH nk Sarits GH-672 plans to sell radio station KPRB to take the futl time position as chief. New Administrator ASHLAND (AP) The interim city administrator will be Gary Boshears, superintendent of the Ashland Electric Department The City Council named cosnears to temporarily replace Robert Ayre who resigned to become city administrator of Klamath Falls. Salem Man Sentenced for Embezzling TACOMA (UPI) Robert W. Liongstreet, baiem, was sentenced in U.S.

District Court here Friday to three years in prison, suspended, on three counts of embezzlement. The sentence was suspended on condition that Longstreet serve three months of the sen tence and serve five years pro bation. He also was fined $1,000 and ordered to make full restitution to the firm he worked for, Val ley Savings and Loan Association in Salem. The fine must be paid and the restitution made within the five- year probationary period. Car Door Laiv Eyed The Salem City Council will consider a proposed ordinance Monday night making it unlawful to open doors of; a motor vehicle into approaching traffic.

Another proposal, to ban littering of streets, alleys and other public places, also is to be studied. Both ordinances are proposed by Police Chief Ben Meyen. oittur RCA VICTOR Mw VTstd COLOR TV An htrtoom replica of Early American cabinet styling, thii consolette will be a welcome addition to even modestly aiied rooma. Authentic details reflect the craftsmanship so typical of furniture from the Colonial period. Antiqued Colonial Maple veneers and selected Elderly McMiiinville Pair Joins Negro School Staff GET OUR '67 CLOSEOUT PRICE SEE OUR FULL LINE OF MAPLE COLOR TV BANK TERMS AVAILABLE Buy your RCA Victor color TV with confidence from the servicing dealer with trained and experienced technicians.

Winners of our KEIZER CIRCUS DAYS Transistor Radio Drawing Suggested List Wayne Douglas 528 Menlo Dr. Salem TV 4945 RIVER RD. 362-4373 taught in various public schools and universities in nine states and Lndia. Smith taught at one time in the Linfield College sociology department Mrs. Smith recently retired from teaching in the Dayton School District Piney Woods School, founded 7 years ago by a Negro schoolteacher named Lawrence Jones, has an enrollment of about 400 students and covers from elementary to junior college levels.

Emphasis at the school is on technical and vocational education. Most of the faculty members are retired white schoolteachers who have volunteered a year of service. McMINNVILLE An elderly McMinnville couple left Friday for Mississippi to accept teaching posts at the all-Negro Piney Woods 1 Country Life School 22 miles south of Jackson. William Carlson Smith and his wife, Veda Smith, 520 Arthur got the idea some years ago to teach at the school once they "retired" from regular teaching duties. Both are in their mid-SOs, but they re-, portedly have accepted their new assignment with the same vigor they did when starting their education careers many years ago.

Dis-izf their years of teaching they have lixJ Mrs. Paul Hammack 4863 Hayesville Dr. Salem Mrs. Ethel Johnston 1886 A St. NE Salem AL'S RADIO.

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Pages Available:
518,947
Years Available:
1888-1980