The Algona Upper Des Moines from Algona, Iowa on September 20, 1960 · Page 10
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The Algona Upper Des Moines from Algona, Iowa · Page 10

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Algona, Iowa
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Tuesday, September 20, 1960
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Page 10
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)~AlfOno (la.) Upp+r DM Moitto« Tuesday, Sept. 20, 1960 --*• --.-'•• -••• ^JL'Hit ..-•». 1- J. J ........JJ. ... - r • 11 . STRICTLY.BUSINESS DISGUISED BENSONISM? The Midwest farm vote often has been decisive in Presidential elections-for example, in Truman's surprise victory of 1948. This year, it is expected to play a particularly important part, Because a lot of farmers have been rebelling against the policies of Agriculture Secretary Ezra t> Benson. That was evidenced by the triumph of Democratic Congressman Quentin Burdick in the recent special senatorial election in usually Republican North Dakota. '? The Democrats intend to push their advantage, as they demonstrated by the farm plank ift the platform they adopted at their national convention. The Republicans adopted a plank designed to make the farmers forget Benson. How do those two planks compare, with ejUch other and with the "Family Farm" bill spon- sbred by a group of farm state senators headed tiy Hubert H. Humphrey (Dem., Minn.)? The family farm bill is a significant part of the picture, because almost all its provisions vvere opposed by Benson and threatened with (Elsenhower vetoes. Yet some major parts of it now are included in the GOP farm plank. Nevertheless, the National Farmers Union, which represents the "family-size" farmers says "feports that the Republican and Democratic farm platforms are much alike are evidently based on quick reading. The GOP tried to avoid a Benson-type program, but only partly succeeded." The American Farm Bureau Federation, whose national leaders express the views of big farmers, so far has been remarkably reticent about the two farm planks,though they have supported Benson's policies in the past. • Most conspicuous difference is that only me GjOP plank—not the Democratic one nor the Fpmily Farm bill—contains a "Payment in Kind" p'roposal. A Democratic senator from a farm state explained that scheme as follows, taking wheat as an example: 1 "A farmer would agree to take some land but of wheat production; for instance, 100 acres. Then the government would give him.a certificate for a percentage of the number of bushels he could have grown on those acres. It might be more than 50 per cent, but take that figure for illustration. "Suppose a farmer Could have grown 30 Upper PCS l E. Call btrect— Ph. CY 4- Entered as second class matter at the portottice «t Algona. Iowa, under Act of CongreM of March 3, 1879. Issued Tuesday in 1960 By UPPER DES MOINES PUBLISHING co. R. B. WALLER, Editor & Publisher DON SMITH, News Editor MERLE PRATT, Advertising Mgr. GEO. M. SMITH, Foreman NATIONAL EDITORIAL NATIONAL REPRESENTATIVE Weekly Newspaper Representatives, Inc. 404 Fifth Ave., New York 18, N. Y. 'SUBSCRIPTION RATES IN KOSSUTH co. Year, in advance ----- , -------- v ------- , ----- $3.00 Both Algona papers, in combination, per year ---- S5.00 ice 'SUBSCRIPTION RATES OUTSIDE KOSSUTH ]One Year, in advance _: ------- . --------------------- $4.00 .Both Algona papers in combination, one year ____ 16.00 No subscription less than 6 months. OFFICIAL CITY AND COUNTY NEWSPAPER ADVERTISING RATES ON REQUEST bushels per acre-a tofal of 3,000 bushels for the 100 acres. At the 50 per cent rate, he would get a certificate for 1,500 bushels. At the support price of $1.75 per bushel, the certificate would be worth $2,625. "The farmer would -sell the certificate for $2,625—to a grain elevator owner or a grain dealer. The elevator man or dealer would exchange the certificate for 1,500 bushels of wheat from the government's surplus storehouse." At present, a farmer growing 1,500 bushels of wheat and selling it to the government, which means the taxpayers, get $2,625. Under the "payment in kind" plan, the*government would give him another $2,625 for not growing 1,500 bushels of wheat. "The certificate serves only to obscure the real nature of this deal, the senator said. "It works out the same as though the government gave the farmer 1,500 bushels of its surplus grain—for him to sell to the elevator owner or grain dealer for $2,625. ' "The big benefits from this scheme would go to the big farmers, because small ones haven't much land on which to promise not to grow crops" the senator continued. "Think of what this Republican farm program means to Wheat King Campbell, who has boen collecting up to $300,000 a year in price-support money, for growing wheat. So far as I can see, under the payment in kind plan he could collect up to $150,000 a year and even more if the rate were set higher than 50 per cent, for not growing wheat. "All this money would come out of the taxpayers' pockets," the Democratic senator said. "It's in line with the Benson policy of helping the big farmers but not the little ones. In this respect, at least, the new Republican farm platform does not repudiate Benson." Both the Republican and Democratic platforms would con'tinue the "soil bank" program, under which Uncle Sam pays farmers directly for not planting crops. The GOP plank took over the "Food for Peace" slogan originated by Senator Humphrey in connection with the Family Farm bill, and adopted some other provisions which are in either that measure, the Democratic plan, or both. * * * HIGHWAY RELOCATIONS Some years back when concrete or asphalt surfaced roads replaced the dirt highways, many roads were relocated. Over the years the trend has been to bypass towns and cities as new highways are built. With today's traffic congestion, larger volume of passenger cars, and an ever-increasing number of trucks as the latter replace freight trains for short and long distance hauling, bigger and better highways are being constantly constructed. Which brings us to the plight of cities along Highway 30 in Iowa — chiefly Nevada, Ames and Boone. All of these, and many smaller places, are to be bypassed if plans for the new Interstate continue as outlined. Nevada, Ames and Boone object. They feel they will lose business. There is another group, however, which claims that when highways,bypass they help instead of harm towns and cities. •• Algona has been through this controversy. Many years ago highway 18 came directly through Algona. Now it bypasses Algona on the north. But Algona has had a tendency, as a result, to build norjh to'the intersection of highways 18 and 169. It is doubtful that highway 18's location along the north edge of Algona's \city limits has interfered with normal business activity. In the case of Nevada, Ames and Boone, it is our guess that the new highway will bypass all three. It is also our guess that in the long pull each city will build out to the hew intersection, and that the eliminated through traffic which meant little to local business sections anyway, will simply make it easier f$r area residents to drive and park in the city business areas. Probably the chief reason we want major highways right through town is the prestigb factor — we want travelers to become aware of the fact that our town or city exists, to remember its name, even if they do not stop. "Mow if somebody will help me get Woodrow out of the elevator I'm Mire he'll wake up I" subject, ask any member firm of the New York HtocK Exchange, they will be mofc thiih glad to help you. Registering focutiilts In the Name Of A Minor If you were fortunate enough to have been given a modest financial nest egg at graduation or when you married, you know what a difference It made. And weren't you grateful to the father or mother, aunt of uncle or grandparent who made your next egg possiblt. if for no other reason, the future" happiness and security which you can bring to the young people in your life makes it worth while to give to them. In addition, your gifts to minors can yiela important tax benefits for you. The State of Iowa has enacted a Uniform Gifts to Minors Act which has eliminated the need for a formal trust or guardianship and has made it simple to give securities to a minor. How The Law Works 1. Gifts of stocks, bonds, mutual fund shares to persons under 21 can be made in the name of a custodian. 2. Generally, the custodian may be any adul* member of the family. 3. The custodian may buy and sell securities, collect dividends and use them or reinvest and accumulate them for the child's betacfit. 4. Registration of securities is easy. This is how it would .read: "(name of custodian), as a cysto- dian for (name of minor) a minor, under the Iowa Uniform Gifts to Minors Act." 5. No formal accounting of the custodianship is required under thf law. When the minor reaches 21, the account is turned over to him or her. Tax Bene.-iti Income from investments you support of the minor will be taxable to the child, jif at ail, at tax rates much lower than your own, Income from property given to a minor which is useo" for the support of he minor will be ax- able to the parent, no matter who makes the gift. On the other hand, with the usual exemptions and deductions to which the minor is entitled, he may have $675, or more, tax-true income. The parents of the minor may still claim the $600 exemption, 'regardless of the minor's income, if they actively support him and he is under 19, or a student. Consumers, food distributors and others are being urged to fake advantage of the plentiful supply of wholesome cranberries and cranberry products. There Is complete assurance, backed by the Federal government, that cranberries arc 100 percent safe. This is good news. , Thanksgiving dinner without crattberry is like Amos without Andy. UDM CU«in«<u PIT 10 hits to the losers. He and Bhmchard topped the hitters with two blows apiece. Washington SAVE STEPS WITH EXTENSION TELEPHONES ORDER NOW— start enjoying **§Vrjf tonntitenctt SdVf! tinie $14 trouble with handy extension phqncs! It's a big bargain in 'modern living to have convenient phones in tha kitctea, tenement, bedroom. Choose from wall-typo or regular phones... in a wide range of decorator colors! Get full details today (including low frtf^kfan Cflit)* Just FROM THE FILES OF THE ALGONA UPPER DES MOINES SEPT. 24, 1940 • • « An eye-catching photo • on the front page of the UDM carried one of the neaiest slogans in many a year. The photo showed a small boy and girl, school books slung over their shoulders, walking toward the school house door. In bold, type was this sage advice — "Let Them Arrive — Alive! Drive Carefully". It's still real good advice. * • » Buster, a black and white rat terrier, was safely- back in the home of his owner, Darlene Higgins, at Titonka after an absence of five weeks. The dog jumped in a neighbor's car and hitched a ride to Wesley five weeks ear- .lier. The neighbor attempted to catch Buster, but couldn't, and no one had seen hide or hair of him since. A stray dog turned up a week ago at the M. C. Comb Garage at Blairsourg. The anJ7i mal's cellar carrkrl a license ta^ from Kbssuth county and the • garage owner learned the dog ; belonged to Miss Hoggins. A let- '. ter resulted in the Titonka own-i er being reunited with the dog, which was so happy it couldn't even bark. • * • Catherine Gay Dunmire, 11, daughter of Mr and Mrs T. A. Dunmire of Titonka found out it. is possible to learn something every day — the hard way. Interested in' finding out just what bees did inside a hive, the girl poked her head into one on her father's farm east of Titonka and wound up with such a badly .swollen face shp couldn't wear her glasses.'The numerous stings inflicted by the enraged bees, created pouches under her eyes she coulrn't even see over them, and Catherine had ben unable to attend school since the incU dent. • * • Class 'officers were electtd at St. Cecelia's Catholic high school here during the week. The seniors named Don Kajewski, president," Lewis Gilbride, vice president, Bill Watts, secretary, and Allen Wagner, treasurer. The juniors nanied James Mahoney, Pauline Neuroth, Ruth Holtz- btfuer and Mary Wjngert, the sophomores named Helen Win-> kel, Jean Weiner, Camilla Frankl and Donald Bormann and tho freshmen named Marilyn Allen, Eileen Thul, Herman Platt and Peari Kohlbaas as their officers for the'-1940-41 school year. • » • A third case of polio had been reported in Kossuth county. Donald Guderian, 24, had been stricken during the-past week. Others ill with the disease were Joan Pierce, 6,. and James Slaydon, 8. Local- doctors believed* the end 'of the polio season was, in sight as colder temperatures moved into the area. • • • , Richard • Kiflteth, ton of Mr and Mrs Oliver Kinseth, Ottosen, had a little -tough liick during the. weeK, alsp. He fel^ from a silo on the KinsetU farm Monday and fra'ctuTed 'his »um Pretty hjcky, at that, to wind up with' only one fracture. • » • Philosophy of the weefc — Some girls go to college 10 pursue learning — some just go to pursue. » - • • The Bancroft Lions. Iowa Amateur .Baseball "'champions, downed Holyoke, Mass., 4*2, in the first round of th'e National Amateur Baseball' Tournament at Battle Creek Mich. Saturday. Tilt; Lions were dropped from the meet the following day, however, whim the Post Products Co. learn downed, the Kp.ssuth vQuti- ty entry, 8-2. Patterson hurled Ihu tirst round victory, allowing INVESTORS CORNER by STACEY R. HENDERSON highlights * ie*fr«ftoft*a Capital oy H«jr What Is An Investment Club? An Investment Club is a group of friends pr acquaintances who get together, Usually once a month, to discuss securities with the idea of investing a small sum of money in siocks of their choice. Investment Clubs are set up to educate people about investing. At the- same time the members are putting their extra dollars to work with the idea of building toward retirement or other worthwhile purposes. There are- over 20,000 Invest- ~ment Clubs in operation at the present time. How Big Should A Club Be? It is desirable to limit membership to no moie than 10 or 15 people. This gives everyone the opportunity to participate in the i research and discussions. Wo : have found that large Investment Clubs are not as successful as Clubs with 10 to 15 members. When meetings are thrown open to discussion concerning an investment, there is the possibility of endless discussion because of the large number of members. Should You Form or Join A Club? 1. The first, reason is simple enough — opportunity for profits. 2. The danger of loss is greatly minimized through periodical investing. 3. Investment Clubs are educational — and fun! 4. They provide an opportunity to make new friends. 5. Lessons gained from participation in a club can be applied to your own personal, independent investments. How Investment Clubs Start While it is not mandatory, it is advantageous when selecting members to round out the membership with people of various occupations such as an accountant, a lawyer, a canker, etc. When the group has selected its membership, it holds a meeting to discuss the general plan and draw up an agreement to cover its operation. When the by-laws are adopted and the officers are elected, the club is ready to operate. At the first meeting, it is helpful to have a stock broker on hand to help you get started. He will tell you: the importance of sticking to it; the pitfalls that can befall in experienced investors; why so-called "growth stocks" are the most desirable medium of investment for clubs; why no "quick profits" should be expected. Following are some qf the questions most frequently asked of our firm. Q. How extensive a bookkeeping setup is necessary. A. With few exceptions, clubs are pools or joint ventures. The securities are registered in the name of the flub.' That way, the members r'jepetVe'". dividends, reports, proxies direct from the company without delay. In the past securities were held by the broker who collected the dividends, reports, etc. ajnd then forwarded them to the club. This caused a delay Because of the 'exjlra handling. If the club de- sirt'S, the broker will hold their securities in safekeeping for them. Q. What about federal f , state taxes? N ,. .',.,., A. Each member usually on his own tax the rtame of his club, his share of flivideuu ' '--'- realised capita If ydu are i , • » " *".. ,t^—v*r f .fzejsiw fr." r^ss-f^i ing an investment club, or would like further information on this CAMPAIGN FODDER — Politically-potent headlines may erupt over a Congressional investigation just yetting underway. A House subcommitte is trying to find out if there is anything improper or out of line in the way the many intelligence agencies of Government hire their help. The investigation was kicked off by the sudden appearance in Moscow of the two missing National Security Agency mathematicians wtio may have taken with them valuable U.S. secrets. The NSA already has been accused of keeping the two mathematicians on the payroll even after certain character complaints had been called to the agency's attention. Subversives in government was a big issue in the 1952 Presidential campaign. If many loop-holes are turned up in out security system in this new investigation, that could become an explosive issue in the 1960 campaign. or find new supplies is assurance that progress in America will rvyt be slowed. So we toss bouquets to the Eisenhower admlnistfa* lion's great reclamation program. ' Fifty-three reclamation projects authorized since 1953 will provide irrigation water for sohje 1,370,000 acres of land. This will store nearly 43,000,00$ acre-feet of water — a total which increases by 51'.percent the amount this country had in 1953. And that isn't all. "When completed . these projects will generate about 9',£ billion kilowatt- hours of electricity every year. CUT FUEL BILLS A BIG COMEBACK — The U.S. cranberry industry, hard hit, By the cancer scare last Fall, is expected to do allright this year. The Department of Agriculture is doing all it can to restore and expand the cranberry market. that now gives you SUPER FLOOR HEAT > see it now! Burt Hardware Burt, Iowa HELPING HAND — Surplus foods 'purchased by Uncle Sam to'help "'the farmer have been cussed and discussed. This, of course, is a major problem but sometimes problems have a way of doing some good. When Hurricane Donna swept over Puerto Rico it left in its wake 8,000 homeless and Hungry victims. Within hours quantities of this surplus food was made available. It was already on hand in regular distribution channels intended for use by schools, charitable institutions and needy persons. Without these surpluses the tragedy of the hurricane might have been even more severe. FISHY MATTERS — More than 200 species of fish are caught commercially in this country. More about the subject can be obtained by writing for a free copy of "Fishery Leaflet 432 Revised." Address a letter or card to Office of Information, Fish and Wildlife Service, Department of Interior, Washington 25, D. C. Amuiig other things it tells the volume and value of fish caught by area and species. PROBLEMS OF THE AGED — •• A White House Conference on the problem of Old Age is scheduled here in January. It would seem such a meeting would be' all peace and harmony. After, all, who would light over trying to do something for such deserving members of our society? But that's far from the case. The conference may -well wind up in a dog fight. At issue will be the big question of how much of a role should the uederal Government play in trying to ease the problems of the aged. There are strong and divicku opinions. One can recall the bitter fight in Con- S ess. ojply recently to pass a rne- cal aid bill for the older folks. Jhe cry of ,socialism was ;heard 'over and over again ever ytime someone suggested} Jetting the Go'veVnfneht do the jpb. This is bound to come up again at the Wfiite House conference. Professional Directory and ATTENTION INVENTORS There's $5,000 in prize money' (till Waiting for 'the person who can invent a practical, self-propelled wheelchair that will go up and 'down stairs: The National fhvcittSrs Council, of the U.S. ty* partment of Commerce will 1 pick the winner. Deadline i* Dec. 1. 8Uch an invention is expected to enable many business firms to hire 'handicapped persons, whom hey j»re now reluctant : ;fp. hjre. INSURANCE A. J. (Arnie) Ricklefs Hospitalization Health & Accident Life — Auto — Fire — Hail Personal Claim Service 2 E. State CY 4-4529 ALGONA INSURANCE AGENCY J. R. (Jim) KOLP Surety Bonds — All Lines of Insurance 206 East State St Phone CY 4-3176 BLOSSOM INSURANCE AGENCY All Lines of Insurance Automobile -Furniture Loan 7 N. Dodge Phone CY 4-2735 BOHANNON INSURANCE SERVICE * N. Dodge St. Ph. CY 4-4449 Home - Automobile - Farm Polio Insurance CHARLES D. FAXSON Dwelling, Auto, Liability, Life. General Phone CY 4-4512 KOSSUTH MUTUAL TTfSUNAffCE ASSOCIATION Over $74,000,000 worth of insurance in force. A home company. Safe, secure. Phone CY 4-3756 Lei* Bcuffhua, S«c"y HERBST INS. AGENCY For Auto, House, Household Hoods, and Many Other *'6m» Phone CY 4-3733 Ted 8. Hetbat Iowa Farm Mutual Ins. Co. Affiliated with Farm Bureau Auto (with TlO Deductible) Life - Kail - Tractor Phone CY 4-3351 HAROLD C. SUNDET • Representing State Farm In*, Co., 706 So. Phillips St. Ugona Phone CY 4-2341 ^LUTO—UFE~FyRE—HAIL " DALE W. LOCKWOOD Representative The Equitable Life Assurance Society Of The Vmted States Burt, Iowa £hon$ 2QI ractor Or. D. D. Arnold Chiropractor Over Penney's Office Phone — CY 4-3373 Hours; 9:00 — 5:00 Open Friday Night Dr. William L. Clegg Chiropractor « 521 E. State St. Hours: 8:00 — 6>00 thru Sat 9:00 — 9:00 Friday Ph. Off. CY 4-4877 RM. CY 4-3411 DOCTORS MELV1N G. BOURNE. M. D. Physician & Surgeon 118 N. Moore St. Office phone CY 4-2349 Resident phone CY 4-2277 J. N. KENEFICK. M. D. Physician & Surgeon 218 W. State Street Office phone CY 4-2353 Resident phone CY 4-2614 CRAWFORD INSURANCE 9 SERVICE * Andy Crawfor^i ," All Types Of Insurance v •fccfPhc' ~" Off hone CY 4-2279 DENTISTS source in this country. Anything that is done to conserve water PH. f B. HARJIIl. JR. ''*.,.'•;" "IT »•£•'* ^'•••AHftt^W oY *'<"•'•'" •W i^tlMil • ni.' f'Mi . SSSS&'-Mit* E. gut* CAROL L. PLOTT. M.D. 110 N. Moore Street Practice Limited to Surgery Office Hours by Appointment CYpress 4-4864 Office ' CYpress 4-4331 Residence JOSEPH M. ROONEY Physician & Surgeon 114 N, Moore Office phone CY 4-2224 Resident phone CY 4-2232 JOHN M. SCHUTTER. MJX Physician St Surgeon 220 No: Dodge, Algona Office phone CY 4-4400 Resident phone CY 4-2339 OPTOMETRISTS DR. L. L. SNYDER Optometrist 113 East State Arlgona Telephone CY 4-27U Closed Saturday Afternoons Dn. SAWYER and ERICKSOM . v . Eyes Examined \ Contact Lenses Hearing Aid Glasses 9 East State Street ,. Algona, Iowa Phone CYpress 4-2196 Hours:'9:00 a.m. to 5:00 p.m, Cl6s|d Saturday Afternoons D|. <1 M. O'CONNOR • optometrist Visual Analysis & Visual Training 108 South Harlan St. (Home Federal Bldg.) ' PHQNEXfY 4-3743 Farm Mandq^msnl CarlfM Fain - Palo Alto A KMMitk m w*w ^^i»^ vp ¥VP^PW™¥

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