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Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-25
8 to 10 Missile Facilities
Reported Set Up in Cuba

The Department of Defense
has disclosed there are eight
to 10 missile bases located in
areas near the Cuban cities OF
Guanajay, Remedies, San Girls
tobal and Sagua La Grande.
Assistant Secretary of Defense
for Public Affairs Arthur Syl-
vester said each base has about
four missile launchers.
Reports from all intelligence
sources confirm that at least
80 missiles and more than 20
Ilyushin-28 jet light bombers
are present in Cuba, Mr.. Syl-
vester said.
There are at least 5000 per-
sonnet of Soviet Russia in Cuba,
he said, but the exact number
cannot be determined because
they arrived on a number OF
ships and aircraft.
To prove beyond doubt the
menace posed by Cuba, the De-
tense Department last night re-
leased four more reconnais-
sance pictures taken from
American planes flying at both
high and low level.
One of the newly-released
photographs showed an inter-
mediate range ballistic missile
base without identifying the
location in Cuba. These mis-
siles have a range of about
1900 miles, but Defense Secre-
tary Mcnamara has already
disclosed that the fixed-posi-
ton launching pads for these
weapons, although aimed at the
United States, are not COM
pleted.
Shows Launching Pads
The IRBM base shown in
the new photo shows two
launch pads, a control build
ing and what is probably a
nuclear storage bunker.
The other three pictures
show medium range ballistic
missile bases for firing LOO
mile-range missiles from mo-
bile launchers. These bases are
operational, the Defense De-
partment disclosed earlier this
week, and are well capable OF
blasting Washington, all OF the
Southeastern United States, the
Panama Canal or points in
Mexico and northern South
America.
1t is these medium range
missiles that now loom as the
direst threat to the United
States and some American n
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-25
BY SYLVIA PORTER
Star Financial Columnist


NEW YORK, Oct. 25.-An-
other crash and then wild re-
bound in the stock market
wildly fluctuating prices Of
commodities in the leading
world markets, a sharp increase
in the demand for gold in
London, scare rumors of short
ages, panicky boarding by con-
sumers and stepped up buying
by buSinesSmen-all these have
come with the Cuban crisis.
What do these movements
this week mean to us? What
might be the economical
nancial impact in the United
States?
Imperative to any intelligent
appraisal is a full understand
ing of the background against
which the Cuban crisis occurred.
Our economy has been adj
vancing at a sluggish, highly
disappointing place for months.
Our unemployment rate has
remained stickily high at close
to 6 per cent. In thousands OF
plants from coast to coast,
there is idle capacity to pro-
duce. There are no shortages.
The stock market cracked wide
open last spring, and since then
a disenchanted public has
moved to the sidelines in
massive numbers.
Price Range NarrOws
Prices of basic raw materials
and prices of goods at the fac
tory level have stuck in a re-
markedly narrow range for
years, and recently these prices
have been weakening. The low
profit margins of an increas-
ing total of United States corp
orations are now of deep con-
Germ to the Government as well
as to businessmen.
About the only force pushing
up the cost of living has been
the continued rise in the cost of
services. The pace of wage
hikes has slowed markedly, too.
Consumers have been buying,
but not avidly: businessmen
have been spending bigger to-
tails on plants and equipment,
but not enough more to give
our economy a forward push.
There has not been for
months and there is not now
initiation. Nor is there the
oomph that gives a country a
feeling" Of prosperity, of we'll
being.
There is simply no parallel
between this economic pattern
and the background which eX-
listed when the Korean con-
flict broke out. Now our aim
is to strengthen the price pic
ture, to improve corporation
profits, to encourage more
spending and borrowing. In
the early 1950s' the aim was
to control our pent-up demands
for goods, to keep the lid on
prices, to curb wartime profits.
The sort of buying expansion
that would have been econom-
ically catastrophe when Korea
occurred would be welcome as
economically stimulating today
Assumptions Suggested
Also imperative to any intel
ligent appraisal of what might
happen are some assumptions
on where this showdown might
lead. Specifically:
Assumption No. /: The show.
down stops at the quarantine
and while we go through al
indefinite period of a war o
nerves nothing worse than thiI
occurs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-25

In these circumstances, the
Cuban crisis could be a modest
"plus." 1t has united the Ma
ton. It has perked up work.
commodity prices and this i
all to the good. Any additiona
spending on mobilization ant
defense that a quarantine
would involve would be mildly
helpful to the economy anc
certainly not inflationary.
| AS for the stock market, de-
spite its excellent performance
during most of the day yester-
day and its sensational come
back at the close, it is in for
some rough weeks-and would
have been, no matter what the
Cuban situation.
This is the period when SELL
ing to take losses for tax pur-
poses always is a depressing in
fluence, and with millions OF
investors sitting with big losses
after this years slumps, tax
selling before 1862 ends will
be particularly heavy.
Mutuals Trail Off
The break in the market this
spring and adverse publicity
about the mutual funds rec
ords have slashed into public
buying of mutual fund shares
and not only have the giant
funds cut their buying OF
stocks but many also are be-
coming net sellers.
The lower prices fall under
liquidation by frightened anna
teurs, the better will be the
bargains available in the stock
market. But the bargains viii
be bought by the cold-bloodec
professionals. The public won't
return until after prices have
gone way back up again.
If the outcome is assumption
No. l, we still will need large
scale, acroSs-the-board tax re-
ductions-and as soon as Con-
gress can possibly vote them
| to get our economy off thi'
plateau and back into a major
strong expansion to full pros
perity.
Assumption of Invasion
Assumption No. 2: Tit
United States invades Cuba.
In these circumstances, thert
surely would be a significan
increase in spending for mobil'
ization and defense and a re-
sulting spur to our economy
But with goods in ample supply
production well below capacity
unemployment far too high, thu
hike in spending would not senC
us into another initiation phase
AS for the stock market, il
still would be subject to the in
fluences outlined above for thu
time being anyway-and right
now these influences are more
powerful than the good earn,
ings reports being issued b!
many leading corporations, thu
fact that hundreds of blue-chiI
stocks have been battered dowI
to attractive prices and tina
earningS-price relationships ar,
more normal" than in years
If the outcome is assumption
No. 2, an acroSs-the board, top
to-bottom tax reduction vii
continue essential to give oul
economy new incentives anC
thereby to accelerate oul
| growth.
Assumption No. 3: A series
of conflicts, dangerous and on
the brink, in the trouble spot
of the world.
In these circumstances, thu
increase in spending for mobili'
cation and defense would be {
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-25
INTERPRETIVE REPORT --
The Crisis and the Economy

distinct stimulant to our en-
tire economy. The speculative
fever which has done such
damage in previous periods
might re-emerge. It would
damage us in the short-run
and delay the tax reductions
which we must have if we are
to achieve a greater rate of
growth and cut our unemploy-
ment rate over the long-term.
AS for the stock market, re-
gardless of its day-to-day ac-
lions, it must overcome the OBJ
Stacles facing it now before it
can establish the base from
which it can move into a
sustained rebound.
Yesterdays stock market was
exceedingly encouraging, con-
sidering the near-panic among
scared little investors the Ma
ton over. From the start of
trading, it was obvious that the
pros were coming in to take
stock dumped on the market by
amateurs.
Upturn Spectacular
Many highly respected brok-
ers were, in fact, talking even
as the market churned around
at it's lows early in the day
about "a long-term buying
range, moderately below or
above these levels"-and the
upsurge in the final hour OF
trading was nothing short OF
spectacular. The Dow-Jones
average of industrial stocks
closed up more than IS points
with the tape running late, an
extraordinary day by any
standards.
Finally, there is assumption
No. 4: About war between the
United States and Russia.
If this is it, there is nothing
to say on policy, prediction,
profits, prices, anything. What
business outlook" could there
be in a nuclear war? What
investment policy" would be
appropriate in a Nation dev-
astated by World War III?
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-25

OF Its plratlcal threats which
are fraught with the most seri-
Gus consequences.
1--WE fully realize that If war
should break out that it would
be a nuclear war from the very
first hours. This is very clear
to us. But evidently it is not
clear to the Government of the
United States of America"
Newspaper Threats
Moscow newspapers this
morning headlined Mr.. Khru-
shchev's message to Lord Rus
sell, accompanying the story
with threats and denunciation
of American imperialism"
Krasnaya zvezda (Red Starr
the Defense Ministry newspa-
per, declared: 1.-THE Soviet peo-
pie are ready to render Cuba
any necessary aid and support
And it is not the business of
American imperialists to point
out what this aid should be.
"It is time for the Unite d
States leaders to understand
that the times when Yankees
plundered unpublished in the
Western Hemisphere have be-
come part Of the distant past" "
The trade union newspaper
Trud echoed Mr.. Khrushchev's
assertion that Washington was
motivated by hatred of the Gu
ban people. 1t added: Inter
national public opinion evalu-
ates the actions of the Goth
Century pirates as an open en-
croachment on the freedom of
a sovereign state, a United Ma
tons member, as a challenge
to all peace-loving people"
Points to Tests
Defense Minister Marshall
Rodion I. Malinovsky says the
Soviet Unions current series of
atom and rocket tests have
confirmed the destructive capa-
bilities and accuracy of new
weapons.
Marshall Malinovsky made
the statement in a speech be-
fore military Communist Party
political workers. The speech
was published today in the
Krasnaya Zvezda.
During the experiments now
going on we have confirmed the
high perfection and gigantic
destructive power Of new types
of nuclear weapons and the &C
curacy of our rockets" he said
He clearly was referring to
the aforementioned Soviet
nuclear tests in the Arctic. The
Soviet Union also is conducting
tests Of what it describes as
space ship rocket carriers in
the Pacific Ocean.
Referring to the Cuban crisis
Marshall Malinovsky said So
Wet armed forces are prepared
for any emergency. He cited
weapons the Russians claim to
have including a global rocket
and antimissile missiles.
He said Russia n weapons
have nuclear warheads varying
from small caliber explosives
to 5000 megatons and more
the equivalent of so to so mil
lion tons of TINT.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-10-25
KHRUSHCHEV
Continued From Page Al

|
Continued From Page Al
poets of a summit meeting in
dicated that some activity to-
ward arranging a meeting be-
tween Mr.. Kennedy and Mr.,
Khrushchev might be under
way.
white House Press Secre-
tary Pierre Salinger lodged
questions about any new ex-
change Of messages between
the two, saying that wheE he
had any information to release
on that subject, he would do
so.
asked If the President was
giving any consideration to a
summit meeting, Mr.. Salinger
said: II couldn't comment on
that"
(He told questioners that no
message from Lord Russell had
been located at the White
House. Lord Russell had an
nounced messages to both
the President and Mr.. Khru-
shchev.)
Ignored Missiles
While denouncing the United
States blockade of arms ship
ments to Cuba as "piratical,"
Mr.. Khrushchev ignored the
reason President Kennedy an
nounced for the Cuban quar-
antine - the establishment of
Soviet-built missile bases in
Cuba.
Moscow insists all arms sent
to Cuba are defensive. And it
never has admitted missiles are
among the weapons. But per-
haps significantly, a Soviet
embassy official in London said
no nuclear warheads were
among arms sent to Cuba.
Lord Russell, in a message,
urged the Soviet leader mot to
be provoked by the unjustifi-
able action of the Unite q
States in Cuba" The Britor
also sent Mr.. Kennedy a mes
sage condemning the blockade
and calling on him to "enc
this madness" Mr.. Kennedy ha;
not replied.
In London, Lord Russell,
seized on Mr.. Khrushchev's
summit suggestion and sent
him a second message urging
him to "hold back ships in Gu
ban waters long enough to Sc
cure American agreement to
your proposal"
Then the 90-year-old philoso-
pher, who in recent years has
been campaigning to abolish
nuclear weapons, sent another
message to Mr.. Kennedy. He
urged the President to make a
conciliatory response to Mr.
Khrushchev's vital overture
and avoid a clash with Russian
ships long enough to make a
meeting and negotiations pos
sible."
There was no indication from
Washington, however, that the
President is in a hurry to meet
Mr.. Khrushchev. One Wash
ington source said no conclusion
should be drawn from the
Premier's words until it is
known how Soviet ships meet
the United States naval block
ade.
Mr.. Khrushchev's message to
Lord Russell contained no hint
that he will submit to the
United States blockade. He
said if the United States per-
sists in "piratic actions" then
I'VE, of course will have to re-
sort to means Of defense
against the aggressor. We have
no other way out"
However, the Premier told
Lord Russell the Soviet Union
will make no reckless decisions
and will not "be provoked by
unwarranted actions Of the
United States. We will dc
everything in our power to pre-
vent war"
Mr.. Khrushchev coupled this
with talk Of nuclear war and q
call for the United States to
lift the Cuban quarantine
Said he:
THE Soviet government con-
siders that the Government OF
the United States must display
reserve and stay the execution
Smyrna times., 1962-12-27

present law, the range Of mon
thly benefits paid TO retired
workers, 65 or over Is $40 to
$l27. The maximum family pay
ments is $2S4 a month.
Under the law as It now
stands, there will be TWO more
increases in the Social Security
tax rate, one in 1850, and the
last In 1868. Each and every
year thereafter. the worker and
the company will eachbe paying
4-5/8 percent of the workers
annual earnings up TO $4,000 to-
ward Social Securityprotection.
The difference between the
originally planned top tax rate
and the rate that will go into
effect In 1868 will go partly TO
pay for the additional protect
ion and higher benefits. 1t will
also help make up for the money
not collected because the tax
increases scheduled for the
l940,s we're postponed.
The income from the schedule
of taxes now In the law will be
sufficient to pay benefits to all
present and future Social Sec
urity beneficiaries.
Smyrna times., 1962-12-27

These rates were ser to rise
by stages to 8 percent each by
l949. The scheduled increases
we're put off, however, during
the l940's- although President
Roosevelt had protested. point
ing out that the increase in rates
was justified by the long-run
financial requirements of the
system and that postponement
of the automatic increases In the
Social Security contribution
rates came at a time when in
dustry and labor, because Of
high wartime earnings, we're
best able to adjust themselves
to the increases. IL was moi
until 1850 that the rate was
permitted by law to go above
one percent.
In the years since, benefits
have been added for the fam
lilies of workers (wives, widows
children and in some cases de-
pendent parents) and also for
disabled workers and their fam
lilies. In addition, benefits have
been increased several times to
keep pace with rising levels Of
living and price changes. Under
Smyrna times., 1962-12-27
'63 Farm-HOme
w eek Feb. ST

The 1868 Farm and Home
Week will be held Feb. SO, and
7 at the University of Del
aware's School of Agriculture,
announced DR.. MS. Cover, gen.
eral chairman and director of
the Agricultural Experiment
Station.
The traditional winter event
will offer information sessions
for both farm and city people,
Cover said.
Sessions on poultry, pest
icides, dairy, vegetables, fruit.
livestock, home economics and
home gardening are included In
the packed, three-day pro-
gram and will include reports
of current research conducted
by the University of Delaware
Experiment Station.
In addition, sessions will deal
with the general topic of eco
nomic growth in Delaware which
affects the use of land, the inter-
dependence of rural and urban
people and community changes
A light horse program, which
drew over 500 persons year
ago, is again scheduled during
Wednesday evening (Feb. o.
Cover said that national dairy
awards will be presented to tor
dairy producers and that l5-tor
tomato awards will be an
nounced.
Smyrna times., 1962-12-27
AFB Unit
Wins Contest

For the third straight year
the llth Air Refueling Squad
ron has won the Dover Air
Force Base unit Christmas
Decoration contest.
The Strategic Air Command
tenant unit topped its nearest
competitor, the l607th Civil
Engineering Squadron by only
three points, to take first prize.
Third place went to the l6O7tt
USAF Hospital.
Ebert c. Colder, Secretary
of the Dover Chamber of Com
merce; Harold Marriott. Cana :
van Motel Manager; and Rob-
ert Reed, Dover Trucking Co.,
judged the Ia entries In the unit
competition.
A life size nativity scene,
resplendent with manikins and
live animals, caught the judges
eyes for first prize. A donkey,
COW and several sheep milled
around the life Like manger
scene.
Huge mock stained glass win
dows, dominated by a scroll
in the center helped the Civil
Engineering Squadron take sec
ond. Enscribed on the scroll
was the Christmas story.
Multi-colored ChriStm S
trees and carolers decorated
the base hospital.
Smyrna times., 1962-12-27
ANA Publishes Drug
Identification Guide

An Identification guide to
more than 5000 drugs was pub
lished today by the American
Medical Association.
1t is expected to be val
liable tool in a variety of Sit
uations, particularly In the
treatment of poisoning cases
due to drugs in tablet or cap
sule form.
The guide. appearing in the
Dec. 22 ANA Journal. was de-
signed as an aid for physi-
clans, pharmacists, hospitals,
law enforcement agencies, poi
son control centers and others
involved with drugs.
The 5000 solid dosage drugs.
representing the bulk of the
nationally distributedprescrip-
tion pharmaceuticals, are coded
on the basis of physical appear
ance, such as dosage form (tab-
let, soft or hard gelatin cap
sule). size, shape, color and
markings.
One of the primary reasons
behind the development of the
guide was the need for quick
Identification of drugs taken by
poisoning victims so that per-
sonnel in hospital emergency
rooms could treat the patient
properly, Joseph B. Jerome,
Ph.D., assistant director of the
AMADeparment of Drugs. said.
Z In such emergencies whenthe
drug cannot be identified thru
normal channels, he said, the
guide could mean the difference
between life and death.
When the characteristics of
an unknown durg are matched
to those in the guide, the pos :
sible identity can be narrowed
to one, or at most, a relatively
few drugs. After the possibil- :
tiles are narrowed to a few
Smyrna times., 1962-12-27
Wise Buying
Secret of
Food Budget
BY Anne Holberton
Agricultural Extension Service,
University of Delaware

By Anne Holberton
Agricultural Extension Service,
University of Delaware
II takes wise buying these
days to stay within a budget.
This is particularly true of
food since there are 5000 items
TO choose from in the average
supermarket.
Here are some tips on how
TO save and how to get more for
your money everytime you shop
for food.
Check your supplies on hand
and prepare a list of things you
actually need. A list does a lot
to help you keep spending at
minimum and you arrive home
with what you need. With a list,
you are partially fortified
against Impulse buying.
Read the grocery ads, clip
coupons, when you can use them,
and be alert to special price
reductions. Add the specials"
to your list so you can check
them when you shop. Compare
prices to make sure specials"
are a bargain before buying.
Right now beef prices at
wholesale are steady or strong,
meaning prices aren't lowering.
AS a consumer, your best bet
is to watch for specials" on
beef and plan to use these cuts
when planning your menu. Since
more money is spent on meat
than any other food, specials"
can mean considerable saving.
1t is wise to stock up if savings
are large and the food you buy
can eproperly stored and fused.
1t is extremely important to
read labels whether on pack
ages, over meat displays or
where ever they may be. Be
sure TO note the net weight
and liquid volume printed there.
Here again make price com
parisons as to size, grade, etc.
Know terminology used SO that
you know what you are buying.
Since holiday time often
means ham days, know what is
meant by signs reading shank
half or butt portion. A shank
| or butt half of ham has no
center slices removed. A Shank
or butt portion has some center
slices removed. The butt half of
the ham has higher portion of
lean meat than the shank half.
Be sure to read the list of
ingredients on labels. Less ex-
pensive grades may serve your
purpose aswell as higher priced
fancy grades.
| Compare prices of fruits and
vegetables in various FORMS
fresh, canned or frozen. When
fresh produce is abundant in mid
season. it is generally cheaper.
Oranges are in abundance and of
excellent quality and prices are
reasonable to low.
Always keep in mind food in
big supply will likely be your
best buy.
Smyrna times., 1962-12-27
Social Security Rate
Increases on Jan. l, 1868

W. ]. Bulkley, Social Sec
urity District Manager, re-
minded workers In the Dover
area that their Social Security
deductions will go up by one
half of one percent beginning
with the first pay they receive
after January l. The Social
Security taxes paid by their
employers will also Increase
by a matching amount, MIR.
Bulkley said. With this increase
which has been scheduled in the
law since 1858, the Workers
share of the Social Security tax
is now 3-5/8 percent on earn
ings up to $4,000 a year.
The Social Security tax de-
Quoted from the workers. earn
ings, together with a matching
amount contributed by the en-
ployer, is credited to TWO sep
arate trust funds In the u. S.
Treasury. one for the payment
of old-age and survivors ben
efits and one for the payment
of disability insurance benefits.
When the worker retires, or
if he should become disabled
for work, or die, payments will
be made from these trust funds
to him and his family.
The Social Security law, as
first enacted by Congress in
1895, MIR. Bulkley said, pro-
vided only for the payment OF
retirement benefits, that would
range from $40 to $85 per month.
1t was estimated that a Social
Security tax rate of E percent,
8 percent from the employee and
8 percent from the employer,
would be needed to finance these
retirement benefits.
Instead of Immediately i'm
posing this full tax rate,
Congress wrote into the law a
gradually increasing schedule
of taxes. The employees share
was to start at one percent of
the first $4,000 of annual wages,
matched by one percent from the
employer.