Hope Star from Hope, Arkansas on October 30, 1974 · Page 11
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Hope Star from Hope, Arkansas · Page 11

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Hope, Arkansas
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Wednesday, October 30, 1974
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Page 11
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Wednesday, October 30, 1974 (ARK.) SfAR Candidates disagree over DAV benefits UffLERQCK(AP)-*itef>. Wilbur D. MillA, D-Ark., and his Republican opponent, Judy Petty, «re in disagreement over language pending in the House Ways and Means Committee. The two are using the dispute in an effort to gain veterans' votes in next Tuesday's general election. The language, tentatively approved for committee consideration as part of the 1974 revision of tax laws, would eliminate the exemption on some military disability retirement benefits. Mills, seeking a 19th term in Congress, is chairman of the Ways and Means Committee. The provision would not affect military personnel retired for disability and drawing benefits from the Veterans Administration, according to specialists on the committee staff. But Denvil Adams of Cincinnati, national adjutant of the Disabled American Veterans said, "The langugae in the bill is such that it could be interpreted to apply to all disabled veterans if their income is more than $10,000 a year." The DAV sparked the Mills- Petty controversy by sending letters to 300,000 disabled veterans asking them to protest the language. Cummins shooting defended CUMMINS PRISON FARM, Ark. (AP) - Prison Supt. A. L. Lockhart said Tuesday that an investigation by his office had indicated that proper action was taken by two inmate trusty guards who shot two fleeing inmates Monday night. Officials said Robert Lawler, 45, and Charles Branch, 25, tried to escape from the prison compound during a driving rainstorm. As the inmates raced between two buildings toward a fence, they were shot by the Inmate guards in two separate towers overlooking the area. r The men were treated Monday night at the State Hospital in Little Rock. They were returned to Cummins Tuesday and placed in the maximum security unit. Lockhart said it was the prison's policy to arm the tower guards with a shotgun and rifle. Shotguns are used to prevent escapes at close range and rifles are used to fire at escapees at longer distances, he said. Lockhart said "freeworld" officers had observed the escape attempt and reported that "proper action" was taken by the inmate guards to prevent the escape. Warning shots were fired by the trustees and me men were ordered to stop running before they were wounded, Lockhart said. Adams and the' committee staff specialists agree that the language is aimed at high-ranking officers, largely generals, who, shortly before retirement, obtained from the Defense Department — hot the VA — medical certification of disability while actually being capable of civilian employment following retirement. "We nave no objections to the generals being hit," Adams said. "All they (the committee staff) have to do is clean up their language a bit in the bill." The DAV letter reflects its argument that the language might be construed in a way that would make it apply to VA service - connected disability compensation, not just to the military retirement disability pay. The committee has said it expects to send the bill to the House soon after Nov. 18, and all provisions of the measure are subject to review by the committee. Staff specialists said this provision, in particular, is likely to be eliminated or revised to limit its application clearly to the persons who obtain disability ratings for tax benefits at a time when they are considered otherwise to be 100 percent fitjor duty. Mrs. Petty issued a statement saying the legislation would tax the disability compensation benefits paid to dis-. abled veterans. Her position reflects the DAV interpretation of the language. She said she would oppose this legislation and anything like it. "For a disabled veteran to receive this treatment from the government he served is economic as well as moral insult," she said. "Once again, it appears that Congress may tax those who can least afford it." Mills' statement, on the other hand, reflected the committee staff intention of getting only at the generals. The statement said benefits paid through the VA "will remain tax exempt. "So long as I am chairman of that committee," Mills said, "VA benefits will'not'be taxed." He referred to the letters as "the cruelest form of politics in an attempt to frighten our veterans in these inflationary times" and called the reports of a plan to tax VA benefits "flagrantly untrue." Who's At Bat? Bat Masterson, Indian figher. scout, gambler and US. marshall in western frontier towns of the late 19th century, spent his last 20 years as a sports writer tor the New York Morning Telegraph. He died in 1921 and was buried in Woodlawn Cemetery, The Bronx. Tne Campbell Museum of New Jersey is entirely devoted to the collection of tureens, bowls and utensils made for food service, dating from 500 B.C. to the present. THANK GOOMW Irs THWSDAY DINNER SPECIAL IWwpbctstf Thursday'$ Only Huddle groups attend Fellowship Roundup HUDDLE GROUP from Hope attended the Fellowship of Christian Athletes Roundup at Parkview High School in Little Rock last weekend. Huddle groups from throughout the State heard weightiifter from the University of Arkansas share what Jesus Christ meant to his life. Bill Burnett, State director of PCA, arranged the roundup. Following the meeting, the athletes attended the Arkansas-Colorado State game. Ford inviting Congress to modify, or refine his anti-inflation program WASHINGTON (AP) - President Ford is inviting Congress to modify or refine his anti-recession, anti-inflation program "if better alternatives develop." Appearing at a noisy Republican rally in a Calvin College fieldhouse in his home town of Grand Rapids, Mich., Tuesday night, Ford repeated a statement he made at a Whit* House news conference earlier in the day: "If, while Congress deliberates, economic circumstances change, I will be open-minded." Ford urged, however, that his own proposals be given a chance. The President made three speeches during his brief sentimental journey to Grand Rapids. At a downtown plaza, he stood bareheaded and without a topcoat in a chill, driving rain for more than a half-hour. Ford was notified of former President Richard M. Nixon's medical setback while in Grand Rapids and said through a spokesman that he was praying for Nixon's full recovery. White House Press Secretary Ron Nessen said Ford had np plans to visit the critically ill Nixon, although he would be in Los Angeles Thursday for another political rally. If anything, the President's campaign rhetoric on his home soil was a bit less strident than in appearances last week on behalf of Republican candidates. Ford did not, for example, equate a big Democratic election victory Nov. 5 with a threat to world peace. As he earlier told his first impromptu news conference, held in the White House press center, "I was referring as much to Republicans as I was to Democrats who don't cooperate in giving a president of the United •States an opportunity to meet the day-to-day problems that are involved in foreign policy." Ford's Grand Rapids speeches continued to focus, however, on his argument that Democrats are big spenders who would jeopardize the fight against inflation and who, if they achieve a "veto-proof Congress," would preside over a legislative dictatorship. Ford visited Grand Rapids to campaign for Republican candidate Paul Goebel Jr. He is trying to unseat Democratic Rep. Richard VanderVeen, who wqn Ford's old House seat on the strength of a Watergate backlash in a special election last year. •• • ' ' ••".;•" •" ••.• •••• Later Ford mingled with several hundred Michigan Republicans who had paid $100 each to join him at a cocktail reception. Speaking off the cuff, he said he was confident that there will be an easing of tensions in the Middle East and Cyprus, declared he was "looking forward to my trip to Vladivostok" for meetings next month with Soviet leader Leonid I. Brezhnev, and anticipated "very successful" November visits to Japan and South Korea. At his news conference, Ford said he was hopeful Kissinger's recent Moscow trip and his own summit with Brezhnev will en- nance prospects for a 1975 agreement on a further limitation of offensive nuclear weapons. Camp Robinson training center "NORTH LITTLE ROCK (AP) — Arkansas Adjutant General Joseph Chappell says Camp Robinson rock has been officially designated as the location of a national training center for National Guard personnel. Chappell said he was notified of the decision by Maj. Gen. Lavern Weber, chief of the Pentagon's National Guard bureau. Gov. Dale Bumpers had told the Legislative Council on Oct. 17 that he had been in touch with National Guard officials and was told the training center would be established at Camp Robinson if facilities there were renovated. The council recommended that the 1975 legislature appro- " priate $160,000 for the renovation - -4 f- DOUBLE KNITS Yds. & Yds. of patterns, solids. All in dress designers lengths. Reg. $ 2"Yd. SEW & SAVE SHOP fabriflc SAVE MORE J Now Yd FLANNEL Sleepwear ^weights for gowns,! M's., and etc. forl lour winter needs. Yd SAVE 3O.66! CORDUROY SMOCK TOP AND PANTS SIMPLICITY JJ6669 READY-MADE : MADE BY YOU : 45.OO 14.34* *Price based on Fabrific fabrics, notions and a size 10 pattern. Simplicity #6669 FASHION VELOUR Just right for those • (I robes for Xmas gifts,] ;Many colors to -choose from Re0,*3 49 Y<», $999 * Yd, ' ac W •A?*- fOK Co "o*K45»] fabrifle HOPE VILLAGE SHOPPING CENTER FABRIC CENTERS OPEN 9am • 5:3U pm SATISFACTION GUARANTEED '*W4 wJf UJ. Vr JLE -,viww»wr T-: [p^'iip^Bi Army has a new enemy with 14 million Airborne Wx»p« * • j&mminM of » M Mid, wtfatatog " Paging trips Aiki •HMw *•*«» •-•— —T— j^ *f •—• take them *v«fi IWWquare- - - ...... f y.; .^ T -v. ing to a bine grove The bird* art" ulA6 fvnMNUI Of - -, .-,-- ' Ky., and the Milan Aftfty Ammunitions Plant lit T«ill*l* to they have id pMvtotif «u* tumfts, but thlB yew the Army it preparing a. fight ti *« fiii< "^-g^^^iri Orfense oU protect* the birds fwm la* »«• dement weather, and when the; A A * II 11 tmiperature drops below 45 de- /V\lllS CQllS gre«s the birds will die .from the cold. -''•',' The EnvlronmenUl Defense reallocation \ expert at the environmental or-, ganlxation, suggested that ate Army set up a large tonnel near the resting grounds with a light at the end of the funnel, If the light is turned on in the middle of the night, the birds will fly .directly into it,.tilling themselves instantaneously as they strike the lens, she said. The birds, mostly starlings, became a , problem several years ago when pine groves at Ft. Campbell and at the ammunitions plant matured to a point where .they provided ideal roosting grounds. . : There are few natural predators, and nearby farms, provide, sufficient grain fields for the Ital goods demanded by Americans had caused inflation. Mills' called for a voluntary reallocation of capital so that the small businessman who now cannot get necessary operating capital would receive it and big busiiieses "who need it* the least" would be cut back. "I am told this could be done voluntarily,'! Mills said. "If such a voluntary program does not work, it must be required bylaw." Mills, chairman of the tax. writing House Ways and Means ComtnlttM, also said Congress "must act with respect to the windfall profit of oil companies." REPORT OF CONDITION OF State Baak No. 518 BANK OF BLEViNS CONSOLIDATED REPORT OF CONDITION "BANK OF BLEVINS" of BLEVIN8 la tbe State of ARKANSAS and Domestic Subildlariei at the elate of holiness on October 15,1974. .' v '- ; - : .'.'• -?•:?'.•'•,-'•;• :' . ' ' • ' ,••''•!. .'(•I .,•!«•. I if IH'^tfl -'I "•• ASSETS' '••."-'••" '.' ' •>••-.:< I Cash and due torn banks including $3,567.21 unposted debits) $555,106.76 U.S. Treaaury securities $179,613.00 Obligations of other U.S. Government agencies and corporations 250,000.00 Obligations of States and political subdivisions 364,698.89 Federal funds sold and securities purchased under agreements to resell 400,000.00 Other loans 1,010,162.41 Bank premises, furniture and fixtures, and other assets representing bank premises 6,951.42 Other assets 2,920.86 TOTAL ASSETS $2,769,453.34 LIABILITIES Demand deposits of individuals, partnerships, and corporations $1,183,420.78 Time and savings deposits of individuals, partnerships, and corporations 1,116,136.87 Deposits of United States Government 2,608.03 Deposits of States and political subdivisions 189,096.20 Certified and off icera'checks, ete. 14,881.27 TOTAL DEPOSITS $2,508,143.16 Total demand deposits $1,348,408,28 Total time and savings deposits $1,157,736.87 Other liabilities 42,837.92 TOTALUABILrnES $2,548,981.07 RESERVES ON LOANS AND SECURITIES Reserve for bad debt losses on loans (set up pursuant to Internal Revenue Service rulings) $15,376.04 TOTAL RESERVES ON LOANS AND SECURITIES $15,378.04 CAPITAL ACCOUNTS Equity capital, total , $208,096.23 Common stock-total par value 50,000.00 Common stockHotal par value (No. shares authorized 2,080) (No. shares outstanding 2,000) Surplus Undivided profits TOTALCAPITALACCOUNTS TOTAL LIABILITIES, RESERVES, AND CAPJTAL ACCOUNTS MEMORANDA Average of total deposits for the 15 calendar days ending with call date Average of total loans for the 15 calendar days ending with call date 50,000.00 105,096.23 $205,098.23 $2,769,453.34 $2,396,676.04 1,014,455.27 I, Nell Stephens, Ass't Vlce-Pres., of the above-named hank, do solemnly affirm bat this report of condition is ture and correct, to the best of my knowledge and belief. Nell Stephens Frank McLarty P.C. Stephens Harold M. Stephens Directors State of Arkansas, County of Hempstgad. Sworn to and subscribed before me this Ond day of October, 1974, and I hereby certify that I am not an officer or director of this bank. My commission expires W7,1W8- Helen Downs, Notary Public MEUKBEROFFEDEHAtPEPOjEBTTINSURjlLNCE

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