OCR Text |
Show DESERET NEWS AND TELEGRAM, those zooming welfare funds YOUR HEALTH FOR TODAY COUNTRY SAGI Powell Seeks Pension Laws By VICTOR RIESEL five-roo- suite of offices somewhere on the Hill which soon will have a security guard. This will be the investigative inner saactum of the newest congressional prober Adam Clayton Powell, head of the House Labor Committee whose special sleuths have been assigned t o nursemaid about $55 billion in private welfare and pension funds. In this story, the probes really not the tUmo xv tiling, Tia uir by - play, and the enormity assignment. Actually no one really knows how many billions are involved. After Rep. Powell said he had run into scandals in the misuse of some of this money, I asked him for total pension figures, for, undoubtedly, this is the largest private pool of cash and securities the world has yet seen. We dont quite know, said the Harlem leader, but industry's payments into those funds per year now exceed what our federal hudg-e- t was until 1939. ., Meriwether Under Grill THIS IS OVER $9 billion del- lai s more Ilian riir annual budgets of Now York. California and 12 oiher states. It's more than Ihe rost of developing the atom bomb. There have boon over 160,000 welfare arid pension funds reporting to the Labor Dept. There is really no law' to protect their assets. Or to keep some trustees from blithely handing out a i com-hine- loan. e By WALTER C. ALVAREZ, M.D. Knriti Cuiiiust tv Mrdictn. experts that by 1965 these monies will total $75 billions, And by 1970, they'll dolhit the hundred-billiolar mark. Rep. Powell estimates that the money pours in at the rate of over $9 billion a year. A net of over $5 hiilihn piles up annually. This becomes church members is that they a gargantuan business. Of ran cuas just as good as course it should be carefully they can pray." supervised by the federal government. Why? ALREADY THESE funds MRS. NEUBERGER according to Martin E. Segal, who handles some 800 of them, are earning $1 billion annually from interest and dividends on their vast invested reserve, Segal reported this to the,, By DREW PEARSON building and construction unions in Hal Harbour the VTIASHINGTON- - Cha lie other day. c a m Mei :u ciber What will be done with Gov. for all the new money that will paign manager accumulate during thp next John Patterson of Alahama, five Segal asked eais, f now appointed director rhetorically, or ten years? the Export Import Bank, got The answer to these quesa thorough grilling by Senations will determine, in part, tors Javits (N.Y.i and Prox-mirAmeriof the direction the (Wist during the hearcan economy. The uses to befoic lhe Senate Bankings which this grCat mass of ing and Ounency Commitcapital is put can determine, tee. They were especially inin part, whether a particuterested in his association lar industry or area is ecowith the grand dragon of the nomically weak or strong. Ku Klux Klan. Robert Stiel Thcicfore the men of induston, who got a coni act for worth of tins $1 600,000 tmm the Slate of Alabama, through Meriwether's otficc after the Klan woi ked for Patterson's election The last senator to cioss examine Meriwether was one of the newest and the second lady in history to be elected to that body. Mrs. Maurine Neuberger of Oiegon Ye--deftly and quietly she got trustees and experts and it down to the question of will keep temptation at a whether a puhlie relations distance. man, with no banking expen-encewas eally competent tO handle the pillions m he Duplications Feared loaned by the E.xpoit Import In U.S. Space Effort Rank eW- -. interest-fre- Arthritis Of billion. Just to make certain, I want to point out I'm writing of billions. Now we have the word of D.C. WASHINGTON, Art Goldberg can do is file the reports. Now wo want to give him power to make certain of their ami All An Mty Clink Interims Pmfetmr ef Mcdirtne Mim PnnnteUnn EANY people ask about iTiarthritis of the spine. probablv everyone over 50 who has his spine will find some signs of arthritis in it. One is almost certain to find arthritis changes and sometimes decided changes ns?i around the 5th and 6th verte-b- i as in the neck These changes can ac count for burning feelings in lhe skin over the shoul decs, or pains in the lower pan of the neck and shoul riers and in the arms. On occasions, the neck is so stiff A W.WIINCTON iI'PIi top Army official said Monday night thorp was danger of duplication between military and civilian projects for developing space communications systems. Richard S. Morse, assistant secretary for research and development, said it would soon be necessary for the Army and the National Aeronautics and Space Administration to review pinns and make sure that duplicating communications satellites are avoided. funds The law the congressman seeks is as overdue as a kept Soviet pledge. MR. POWELL estimates there are $40 billion in such funds today. Actually, .Securities Exchange Commission data reveals that we know of $50 billion. But this figure is as of the end of 1959. Thus, by this time there must be well over $55 Treatment Spine-A- nd have trouble backing his car out of the garage, because he cant turn his head far enough to see where he is that the person will of is due to an old arthritis of the spine, which perhaps has recently flared up. Occasionally, this flare up seems to follow some Infection perhaps something that looks going. Then, after days oi weeks or months, the pain and stiff ness will go away, and he will be all right. Oftentimes, today, the neck is badly sprained when the per Min's automobile, while standing waiting tor a change in a light gets hit by a ear crash ing into n from behind. In some of these eases, the so called "whiplash injury seems to be made much worse because ot an old arthritis of the spine in the neck. In the cases of many per sons, one will find good sized lumps o'f tame like tissue budging across between two vertebras, usually In the lot cr part of the neck. 1 often marvel when people with th"sp tremendous changes in the joints of then back bone tell me either that thev had anv trouble, or next that once, years before, they had a terrible time with lumbago. and then the pain went away. In many a person, one will find a vertebra that was evidently crushed and there bv deformed, and. then one may learn that y ears before, tall ihe person had a na.-t- v off a horse, or perhaj the ire, coming down silling position r Neuberger. I wonder about the qualifications in some ways for the position to whieh you are seeking appointment. You do not even remember some of the things of the campaign of I960, MRS. NEl' 'BERGER used to be a member of the Oregon Legislature, knows government at the grass Mints level. With this backgiound, she continued hoi cioss m,.n examination uf t h nominated to one id the most impel lam financial instou tion.s m ashmgtoM like influenza For instance; one afternoon I got such a pain in my back that I could hardly move, and that night could not possibly get into bed. I had to get what little sleep I could sitting in a chair, leaning back against a boaid In a couple of days the pan m the back wasn't so bad. but 1 gol a pleurisy, and then, for some weeks, an injury to my heart muscle. What I had was evidently what some people call the Devil's Grip." It is a very expressive and appropriate name for this violent varus infection. It was due to what experts call a Coxsackie virus, which, in childten. can produce a dis ease much resembling polio suspect that quite a few of the violent backaches which suddenly come to people are due to such a virus infection. 1 What Treatment? F'AR as treatment goes. SO the n HTI.KSS a of the b of pcorie puilion ha "SEVERAL THINKS have been brought out to tnv inteiv-st- . said Sen. Neubei ger. One is the frequent use by the witness of the expressions 'do not lemeniboi,' 'do pot think 'heard rumni so, 'was theie.- all through the questioning At other places the norm nee said he mad something because it was about himself. A little bit later he said lie did not always lead things Conseabout himself. . continued Mrs. quently, one solid bone. Familiar 'Poker Spine' we OFTEN doctors call poKer splnp, he caiee it is so stiff. Often the person's head is fixed, bent over fonvard a bit, and he has to walk in a peculiar, easily recognizable way. Be ' STOP six-foo- -- ADVIKTIItMINT- EXECUTIVES NEED MONEY TOO! If you need quick rash and Souie an executive with an above average annual income, excellent job stability, and cvvnimunity respect, we can loan you up to. $2,000 on signature, without secuntv or You can make rein equal installments payment over a period. Vice Contact Bob Berk-traPresident, and he will asist you with your loan quickly and confidentially in person, bv phone, or by mail, at Mmrav First Thiift & Loan, 31 Lad First South, d, USE CONDITIONS thi urs. Kttn thim Everybody Buys SOFT AND HfAlTMr Classified Ads gi eat deal w cause of his posture and walk, I can recognize one of these persons when I see him a block away. Rarely, the disease attacks women. Rarely, It attacks the hip joints afid makes them solid. Then the patient may have to decide quickly whether he wants to be ossified sitting down or ossified standing up, A friend of mine chose to be ossified standing up. Later, he had his automobile fixed so that he could lie back irt t it, like a log, and still handle the controls. In these cases of spondylitis. treatment often will give considerable relief to the pain. Once the disease process has burned itself out," there usually isn't so much pain MfMCArfO fOt Quick ntutr. DAiir 'The Devil's Grip' Di one does this before going to bed, one can get some sleep. Aspirin, in liberal doses, helps a lot. Sometimes a good massage will help. Sometimes, also, a certain amount of manipulation of the back will help, but I hav e seen it also do harm. There is a special type of arthritis of the spine called sjiondylitis. We doctois used to think this was a form of rheumatoid aiiimtis, but today most men think that it Is a special disease, all by itself, and this seems very probable. It generally attacks men m their late 20s or early 30s ; there is usually much pain with it. and within a matter of weeks or months, the person's back becomes most hajoful thing I have found is to get into a tub of water as hot as I can stand it. Flspeeially, if LM ri complain ountain States Telephone today.. i in' si'ial vir'am iac jail. We're gening up a simple form. Remember, soon well have 500.000 such A15 City, Tuesday, March 7, 1961 Saif Lak for your horn . c H0H0HED FOR COMMUHITY r SERVICE 35,000 coo iff.Pr . V jl V, w .. n .VA ' '' Dlrnmn presenting sis; . w , ...the most pleasing telephone ring youve t- - ' ''gw x ' - ' ever heard! g case are three different bell tones. The first offers a pure, Inside this melodious chime, low and resonant. The second produces a louder version of the so much. regular ring ideal for those times when the family is The third calls you with the familiar sound you've always known. good-lookin- , out-of-doo- rs wiiiiiiiiimiiiiiiKHnn r The Bell Chime available in two neutral colors one will go nicely with your present color scheme. is To hear the Bell Chime, call Time of Day, soft gold and ivory. Either el To order the Bell Chime, just call your telephone business office. A'V'iTfc&T 7, itJ ..c j'he George Cayias ...a Prudential's Man in the News, a man you ought to know. In 1960 George Cayias provided the families and businesses of the Salt Lake City area with more than a million dollars in life insurance protection. This achievement places him among the leaders in his profession. Here is native of Greece, George Cayias came to the United States as a youth and moved to Salt Lake, City, where he studied accounting at Salt Lake Business College. He and his wife, who are the parents of two grown sons and a daughter, today reside at 1332 South 17th East 1 . 2. 3. in this city. 4. George Cayias is a Special Agent with Prudential's Salt Lake City or Agency at 645 East 4th South Street; Telephone ELgin Call him he's expert, and at your service. HUnter 5. WESTERN HOME OFFICE OVER 3 S MILLION PEOPLE INSURANCE MEANS PRUOENTIAL vsAtyr'. M ' Mountain States Telephone LOS ANGELES, CALIFORNIA vav a neiv home conunnnications system tailing Room-to-ron- by telephone. r answering from any room in the house with a telephone. An easy check on sleepmgor playing children in the house. Communicating throughout the house white holding incoming calls. Front-doo- Hands-fre- e talking. Home Interphone has even been adapted to the three popular telephone styles desk mode!, wail type and Princess. The Prudential TO nine Interphone Here's a versatile system designed to provide the five communications features wanted bv most families. A INSURANCE COMPANY OP AMERICA J (S) We've prepared a colorful brochire describing the system in detail. To get a copy, just call or write our business office. |