Logansport Pharos-Tribune from Logansport, Indiana on June 5, 1962 · Page 4
Get access to this page with a Free Trial
Click to view larger version

Logansport Pharos-Tribune from Logansport, Indiana · Page 4

Publication:
Location:
Logansport, Indiana
Issue Date:
Tuesday, June 5, 1962
Page:
Page 4
Cancel
Start Free Trial

Page 4 article text (OCR)

The Pharos-Tribune Editorial Comment. Covering $7 Billion Deficit Secretary of the Treasury Douglas Dillon was not wholly convincing to the House Ways 'and Means Committee the other day. He heard words from his questioners about-his statement forecasting a balanced budget in the fiscal year starting. July Ithat he •had not heard before as the chief fiscal officers of the United States Government. His predications were unrealistic, he was told. His predictions, wholly doubtful. He has held^out the hope of a faster-than-expected upturn in the national economy in the last three quarters of this year. While the first' quarter expansion did not measure up to expectations, Dillon said "the shortfall was not so great that it cannot be made up in the .months ahead." Certainly,, he pointed out, the April economic statistics - in. which new records for employment, output and -income were established - suggest that it is premature to conclude that, we cannot attain the economic goals on which- the budget balance for' fiscal 1963, in large part; depends. So he was standing by his January 'forecast. He hedged only on the fact, that Congress had not yet acted on appropriations . and various other bills involving substantial outlays. Admittedly, they could throw the budget out of balance. If the committee remained unconvinced, it was because this testimony was given for a bill to raise the national debt limit to $308 billion to cover a budget deficit of $7 billion in the current fiscal year ending June 30. It was to have been a balanced budget, too. But it fell far short of the goal. What is more, unofficially'the Administration position is that a 1963 balance now is unlikely, in view of the failure of the economy to live up to January expectations, in the first quarter. Unofficially, 1 a deficit of several billions is predicted. The committee knows that. But the head of the Treasury cannot admit it even to the committee. Dillon must be optimistic to buoy up the economy. Who knows, his optimism may be catching. But it had better take fast. The seven remaining months will have to do the work of Twelve. BANNER YEARS Hell's Kitchen The nation's cities may yet be beholden to Hell's Kitchen, the lower 'Eastside of New York that has spawned many of the nation's leaders in politics, business and the arts, and more notoriously, some of its most vicious criminals. President Kennedy's mass social experiment to eliminate juvenile delinquency in the area and strike at the roots of the nation's delinquency problem will be a model for all the country, if it succeeds. The project will cost $12,600,000., It will enlist the services of a specially trained group of 300 social workers who will try to create work, recreation and educational opportunities for the neglected and the handicapped children in the area. They will locate coffee shops at strategic points, where the youngsters could meet; organize .a youth corps of 16 to 21 year-olds to repair tenements, improve playgrounds and do other chores to upgrade their neighborhoods, at modest pay; and set up .an "edventure corps" for those from '9 to 15, to work off 'some of their excess energy on planned adventures. It is an experiment that has been two years in the planning. If it develops guidelines for other communities to war on juvenile delinquency, it will benefit the entire country. Police, judicial and social authorities will watch its evolvement eagerly. In the Past One Year Ago The Cass County Board of Tax Review began its annual 40-day meeting in the offices of Assessor Richard Gohl. State studies local project . . . Consider Widening and repaying Market street. Hendricks Habitation Center opens for work . •. . A task force of four boys began working on projects. Ten Years Ago Fulton county prisoner ends hunger strike in county jail at Rochester ... . Women prisoner reported in satisfactory condition in Woodlawn Logansport high school class of 1902 to hold reunion ... Dinner meeting was to be held in the Trinity Episcopal parish hall. • Miss Elsa Schmidt was enroute to Europe to visit relatives then was to act as interpreter at the world conference of churches to be held in London, England. . • Twenty Years Ago There were 54 births and 34 deaths recorded In Logansport during the month of May. Lightning struck and damaged -the farm home of Mr. and Mrs. George Leonard, route 1, city, during a severe electrical storm. A son was born in St. Joseph hospital to Mr. and Mrs. Fred Wharton, 1310 High st. Fifty Years Ago , Miss Clara. Dock and Earl Schneider were married in the bride's home by Rev. M. L. Webb of Camden. .. ; 'Miss Marie Foskett and Arthur P. Dukes were married in the bride's home by .Rev. Arnold/of the Market st. M. E. church. WALTER WINCH ELL Broadway and Elsewhere When nn American earnestly believes his rights under the Constitution are being unpaired, Iiis conscience leaves him no choice. He must stand up and defend the Constitution—as others have done on the battlefield—by expressing his protest on the slreelcorner or in a newspaper . . . This reporter has made it clear that we are now in danger of sacrificing the means by which we live as free menus a result of the methods employed by the Kennedy Administration. and then reopened them to a confident public. The current Administration is pushing the country toward a depression ... It was my impression that FDR hated no one. He" simply accepted battle for a principle . . . That is in stark contrast with the vindictive attitude of the current Administration which has threatened, intimidated and coerced Americans simply because they fail to share its political philosophy. On the Lighter Side . , For raising the storm-warnings a confrere (practically on our own paper in New York) reprimanded us ... As a newspaperman and a vigilant citizen he should be aware that a revolution is taking place in Washington. Insidious changes are taking place or being planned . . . Without explanation, but with an excess of intimidation and reckless contempt for the fundamental concepts of the American tradition, the Administration is seeking to transfer power from the legislative to the executive branch. Moreover, it proposes to utilize this immense power to weaken and possibly strangle the nation's financial lifeline as well as its historic economic philosophy . . . The procedures by which the .Administration is striving to accomplish the revolution are contrary to the tradition of this 1 Republic . . . And unchallenged — they are a threat to the liberties of the American people. My critic surmise&r that I am unhappy about the President because I wasn't invited to the White House—a statement which naturally gives rise to the inference that Mr. Sokolsky is very happy with the President because he was invited . . ..Ah, well, as President; .Theodore Roosevelt' once said: The best patronage at his disposal was an engraved White House invitation; the recipients immediately deluded themselves into the belief that their advice was needed to help run the country. Mr; Sokolsky's exercise in prosaic prose gives the rather illogical impression that our criticism of the Kennedy Administration is improper since we were on FDR's team ... Such corkscrew logic hardly deserves an explanation. But the attempt to equate the current White House gang with the FDR team is historically, ridiculous and downright laughable,' In the great struggle of human rights the giant shoulders of FDR bore the burden. FDR rescued the-nation from economic paralysis/ For the new generation; the adults today who were in their diapers at the time or yet unborn, FDR closed the crumbling banks When Mr. Sokolsky observes that (in his opinion) Winchell showed great courage and no rancor when Mr. -Stork Club and the man who helped make him a mul- li - multi • millionaire reconciled (after a difference of opinion when I had. barred myself from the joint for three years), it occurs to me that Mr. Sokolsky's own example of espousing a Democratic President was,., even more dramatic . .:. After .all, the Democratic Commander-in-Chief he now hails is presiding over the very country Mr, Sokolsky stated had been ruined forever by the Democrats. And in the meajitte-s (in the interest of fair reporting, who' ever in Washington thought ..of labeling the unequal fight • between the U.S. Government, and U.S. Steel as a cliffhanger 'entitled "Jack the Giant Killer," deserves the Pulitzer Prize for the Fiction of the.Year . . . It proves 'that, whatever else the government may not have, it has some darn good press, agents! . . . The fact is Big Steel is a Mere Midget compared to the U.S. Government. LAFF-A-DAr By DICK W.EST WASHINGTON (UPI) - One of the ordeals that all parents must go through comes when their chil- . dren begin asking questions about the stock market. Many parents are embarrassed by the experience and are reluctant to be drawn into such a discussion. Fathers will try to change the subject and mothers will pretend that something is burning in the oven. Child psychologists tell us, however, that it is wrong to be evasive. The books say it is,perfectly natural for children to become curious about stocks when t h e.y reach a certain age. It is a norm'al outgrowth of iheir earlier experience with, piggy banks, and if handled properly they will grow up'with a wholesome attitude toward the market. Should Be Answered When such questions arise, parents should answer them in , a frank, straightforward manner.. Otherwise, the child will hear, about it' from his or her playmates and may be exposed to misinformation that will prove harmful in later life. Knowing the right way to approach the problem does not make the task any easier, how-' ever, as I found out last week. My daughter happened to notice the newspaper headlines about the wild market fluctuations. It was her first awareness, 'or awakening of interest, in stocks and .she cornered, me for'. clarification. ' With the simple, directness that makes children such a joy, she went right to : the heart of the matter. . . "Where do dividends come ' from, big daddy?" she asked. Too Shocked To Keply '.At first I was too shocked to reply. But I realize that if I chickened out, she would never again feel free to talk things over with me. ' ; To help put us both at ease, I , went out and hired a midget to sit on my lap while I explained it to her. -•'.-. "As you grow older," I said, "You will begin to feel an urge to invest. This is a normal feeling and is nothing to .be ashamed of. It is merely mother nature's •way of telling 'us 'that we are " ready to produce, capital, gains. "It is important, however, : that you control the urge : u n't i 1 . the right broker comes |long." . To my relief, she accepted the explanation without further inquiry and went happily off to'play jackstraws..But I'm dreading the day when she asks about the Se- .curities & Exchange Commission. Reviews Of TV Shows Tuesday Evening, June 5,1962. By RICK »U BROW •HOLLYWOOD (OPD-Out into the wasteland Monday night. Vast? You never saw anything like it. ' . 7:30 p.m., EOT: "'To 'Tell the Truth." Top cid-- tural event of the night on television. .Four intelligent .people sit around trying to figure out which contestants are ; liars. Kind of like a day at the office. "Cheyenne.". A repeat. Efrem Zimbalist' Jr. plays actor Edwin Booth. He and Bronco Layne keep the South in line by squashing a rebellion, .Uh huh. 8 p.m.: "National Velvet" — -Repeat. "Pete and Gladys." Gladys hires a gardener. A million laughs. So funny that CBS-TV cancelled" the series. 8:30 p.m.: • "Father Knows Best"—Repeat. ."The Price is Right," or "How to Earn Lob of Prizes Without Really Knowing Much About Anything." Shows you don't need education to get by. Just know the prices. Uplifting. "The. Rifleman"—Repeat. Mark Twain shows up on the old homestead and isn't very nice to a child star.. Good old Mark. He once saidr "Faith' is believing what you know ain't so." He should have seen "The Rifleman." 9 p.m.: "The Danny Thomas Show." A repeat. "87th Precinct" — Repeat. A teen-aged youth dominated by his mother is suspected of murdering a pretty girl. Also education: The girl went to college. In our house, we worried if mother didn't dominate. Times change. "Surfside 6." Chad Everett guests as Bongo Macklin, a former fight champion who needs protection against underworld managers. Chad? Somebody must be kidding. Maybe' it's Bongo Macklin as Chad Everett. That must be it. It's not the underworld managers you need protection again~t, kid. 9:30 p.m.: "The Andy Griffith Show"-Repeat. . 10 p.m. EDT.: "'Hennesey" — Repeat. "Thriller" — Repeat. "Ben Casey"—Repeat. Casey 'contracts a dread disease and is in jeopardy. Well, maybe a happy ending to a bad night. But he pulled through. 10:30 p.m.: "I've got a Secret." More culture. Four persons sit around trying to figure out somebody else's .secret. Kind of like a day at the office. And that, friends, is the sum total of what the three major television networks of the United States offered viewers in their prime night-time hours Monday. night. The Channel Swim: Vincent Edwards, star of ABC-TV's "Ben Casey," is asking $25,000 a week to' perform in Las Vegas.. .Old time movie star Mae Clarke appears on ABC-TV's "Day in Court". June 14.., .Same network offers Dan Duryea and Barbara ' Harris on "Naked City" June 27. CBS-TV's Arthur Godfrey will' be master of ceremonies at the press premiere of the movie, "The Music Man" in Mason City, Iowa, June 19.. .OBS-TV's Carol Burnett is being mentioned to do a Broadway musical about ijhe.late comedienne Fanny Brice:', ABC-TV's "Hollywood Special" movie June 24 is "Marty".. .Ed Sullivan's CBS-TV show Sunday offers baseball stars Mickey Mantle and Roger Maris, whose appearance 'last month was postponed. Quotes in the News By United Press International BERLIN — Juergen Kossmala, who escaped from East Germany, telling why 'his, parents, members of the Communist.party, became furious when he would not join front- organizations; "I told them I.was tired of living in a Red home." PARIS — Atlanta'- Mayor Ivan Allen, after a futile three-hour attempt to-identify, even-one of the victims of the Air France crash which killed 121 of his townsmen: • "I knew them all. We grew up .together. This is a'sad ; task, one of .the saddest you can have." ,' WASHINGTON — Sen. John, J. Williams, R-DeL, .commenting on Senate Finance Committee work on President Kennedy's tax reform bill: , "I would rather guess what the stock market will be two months from now than to say what will be in the bill." f. Iff- . - - M 1 © King Features Syndicate, 3nc:, 1962 World rights reserved "It's a rather nasty water hazard." PHAROS-TRIBUNE , DnUy (except Saturday, anil Holiday*) 40o per yitttc dully »n« •nnda? by carrier, $^0.80 per : y*ear In the city . of Loganaport 40o •cr week by carrier out»l<U , of IiOKannport. By mail OB rural ronte* in Cm», Carroll, Wkite, Polankl, Fnlton and Mian) count)**, •12.00 per yean outride trading area asd vrHMn Indiana. *14.0O »e» enri ontcJde Indiana, U8.00 per. year. 411 mall «nb«crlptlon» payabl* _n advance. No mall «nb»criptloa» «old where carrier urvice Im main- •ataed. . •;...'•. Pfearoa e.tablUkeo ^^fflEffof. __^^K»»«-, Reporter entabllihe* 1844 <Bps|8w3BD GHKS'BHS' 18S * Journal cutabltahed ^** S **^ Tribune entablliae* 1841 »•• «* 1»OT rnbllDlied dally except Saturday and holiday" by Pharo«-Trlbnn« Co., Inc. SIT But Broadway. Lo«an«port, Indiana. Entered aa ••COB* *!•»• matter at tae po«t attic* at Lo«an«port, lad., and« the aot •* March a. 1ST*. HBMBBBl AUDIT BUKEA17 OF GlROVIiATIOR* AND CMITBD PBK«« IMTBRNATIONAL Nation! AdT«rt*rtn« BweawitatlTW DREW PEARSON Meirry-Go-Round TPESDAY PEARSON Ac dMI. WASHINGTON. — Following JFK's much publicized showdown with the steel industry, an unpublicized showdown over the price of milk is taking place in Washington. The showdown over steel involved the United Steel Workers of America which was willing to settle for fringe benefits but no wage increase. The showdown over milk involves the Teamsters Union, which is asking local Washington dairies for a wage increase of $10 a week, plus $6 in fringe benefits, plus an automation fund of one cent per hour per man to take care of retirements resulting from automation, plus double, time for work on a man's birthday, plus a guaranteed six-clay week whether a plant works on Saturdays or not, plus a "No Strike Clause." which means no liability for damages in, case of an unauthorized strike. In contrast to the big steel companies which demanded a price hike following their new non-inflationary wage agreement, dairy farmers have done just the opposite. In the last ten.years, their take-home pay from selling milk has dropped from 12.7 cents a quart in 1952 to 10.1 cents in 1862. These are prices for the nation's capital, but dairy farmers throughout the nation have taken similar cuts. Prices to the consumer during that period have increased—due to increased wages. In 1952, the retail price of milk was 23'/£ cents a quart delivered, as against 29 cents in 1962. . That is how lake-home pay differs between farmers and teamsters in an industry which, believe it or not, is bigper than the steel industry. It will.be interesting to see whether tpe' Kennedy Administration steps hi to head off a strike which treatens to cut off milk in the nation's capital. Billie Sol Helps Farm Bill Orville Freeman's controversial Farm Bill faces its first hurdle in the House of Kepresenlalives today, and indications are that the Billie Sol Estes scandal will^ielp it. Nothing could dramatize more the Agriculture Department's problem of huge crop surpluses than the weird career of the^Texas wheeler-dealer who amassed millions on grain storage. Ex-President Eisenhower said that he would go to jail before he would carry out the mandates of the Freeman Farm Bill, but some of Ike's friends who helped him get elected, notably Sen. Harry Byrd of Virginia, don't agree with, him. Twice Byrd switched Virginia over to Ike's electoral column. But in regard to the Farm Bill, he voted for Freeman's strict crop controls. So did some other Dixiecrat . stalwarts, including Dick Russell and Herman Talmadge of Georgia. Senate Conservatives :have realized that during eight y<bars under Ezra Taft Benson, crops got completely out ol handi, and during part of Benson's term there were no controls whatsoever. Republicans will . vote solidly against the Farm Bill, but some privately would like to vote for it. Rep. Ben Reifel, South Dakota Republican, an American Indian, confides privately that he would like to. vote'ifor the bill but "they won't let me." By "they," he means Charlie Halleck and the Republican leadership. On the Democratic side, Rep. Frank Thompson of Trendon, N. J., hitherto against every tiling that grows except children, has now come around to support the Farm Bill. So when the bill faces the big hurdle of the House Rules Committee today, it will probably get the green light. Bigger Than Billie Sol Estes While Congress^ was worrying about the Billie Sol Esles case where no taxpayers' money has been lost, the House of Representatives Voted to give away $471,000,000 of the taxpayers' money. The vote came on an unpubli- cized amendment by Rep. Charles Joelsen, (Dem., N.J.), who moved that American Telephone and Telegraph be required to reimburse Uiwle Sam $471,000,000 for the cos! of developing the communications satellite over which the AT&T wants monopoly operation. , "I did not; Ipluck this figure out of (he air," the New Jersey Congressman explained. "Testimony shows that out of the billions and billions .of dollars we have spent for space exploration, $471,000,000 has been specifically authorized for the communications satellite program." Joelson showed that AT&T was not without: resources to reimburse the taxpayers and could afford to pay '.150,000,000 a year over 10 years. Actually, Congressional testimony has shown that AT&T's annual revenue—$8.4 billions in 1961—equals the public revenue and federal .subsidies of 32 of our poorest status combined. Its revenues in 195) were greater than the national, public revenues of Canada and Ssveden combined and two billion dollars larger than the national public revenue of Italy. They equal the combined assets of Standard ; Oil of New Jersey, General Motors, and U. S. Steel. However, !ilep. Oren Harris, the Arkansas Democrat and chief champion of American Tel and Tel, came back with this curt rejoinder: "I ; ask unanimous consent that all debate on this amendment close in five minutes." When the debate closed, the House of Representatives overwhelmingly voted to give $471,000,000 of the taxpayers' money for developing the satellite to American I'd & Tel. It then proceeded to become ab. sorbed with i the purported giveaways of Billie Sol Estes which, at the most, involved $1,000 to an Assistant Secretary of Labor, $4,000 to a member of Congress from. Minnesota, 1(1,500 to a Congressman from Texas, $1,700 to a Senator from Tiixas, and several suits of clothes. Almanac By United Press International Today is Tuesday, June 5, the 156th day of the year with 209 to follow. The moon is approaching its first: quarter. Tile morning stars are Mars, Jupiter ami Saturn. The evening star is Venus. On this ilay in history: In 1917, more than 9/5-million American men, between the ages of 21 and 30, registered for the draft. In 1933, President Franklin D. Roosevelt iiigned a bill abolishing tile gold standard. In 1940, Ihc Germans began the battle of France. In 1950, the U.S. Supreme Court ruled unanimously that segregation practices in Southern railroad dining cam 'and in two Southern universities were invalid. A thought for the day: The 'Greek painter, Zeuxis, said: "Criticism conies easier than craft- manship." Public Forum The Pharos-Tribune invites views of its readers. Each letter should: not exceed 300 words and must be signed by the writer wi Hi address. A request to use ini: finis, and not the full name, will not be honored. Address letters to: Public Forum, Pharos-Tribune, Logansport, Ind. HUBERT ffi) Kinsr Features .Syndicate, Inc., 1962. World rights rcsoiivod. aUnUBtnOI "You didn't find a bag of golf clubd in pew 17 last- Sunday?"

Get full access with a Free Trial

Start Free Trial

What members have found on this page