The Weimar Mercury from Weimar, Texas • Page 3

Wetaar, Colorado County, Te: FRIDAY MORNING, AUGUST THREE NEW SS BILL WOULD HIKE TAX MORE THAN BENEFIT Washington. D. C. The adjourn- fund is paying out more than it is iency. The House then passed the a Social Securitv bill that would in- That doesn't mean it is going pected in the Senate.

would raise benefits. pected that as more people covered The Social Security taxes would The reason: The old age and sur- by the law retired, there would be go up three ways: vvors insurance fund needs more years when more money would be (1) The tax itself would be in- money to get on a sound, acturial paid out than came in. creased by one-half of 1 percent, to like a regular in- That is why the fund has been be shared equally by employers and surancc company. creating a more than $21.5 employees; for the self-employed, the The excess of new taxes over new Billion in reserve at last count. But tux would go up three-eights of one the bill as expected, would go to each year, the fund paid out more 121 The tax would be figured on bui up the fund reserve and sub- than it took in.

tax would continue being paid until stantially eliminate the threat of red And Social Security experts figure the employee has earned S4.800 in nk spending in future years. that for the next seven or eight one year. One of the main reasons the fund years, that will happen and the fund (3 Progressive lax boosts already has been thrown out of actuarial bal- will have to dip into i reserves, tin- contained in the Social Security law ance is the large number of less the law is chnnge would be speeded up. The scheduled ploved who retired soon after they Members of the Hi se Ways and increases now come every five years. were brought under Social Security Means Committee drafted the The bill provides they would have coverage.

a large base. At presc the worker In be paid every three years. This year, for the first time since the employe Social Security started in the in any one -tr if DIRECTORS E. C. VACEK C.

HERDER, JR. F. F. KAHLICH BEN B. HOLT E.

J. SEIFERT S. J. KASPER JOHN F. HE6ER OFFICERS BEN B.

HOLT CHAIRMAN OF BOARD JOHN F. HEGER PRESIDENT HENRY E. RABEL VICE-PRESIDENT EDWIN H. HAIDUSEK VICE-PRESIDENT JOE V. ADAMCIK CASHIER HELEN TOWNSEND ASSISTANT CASHIER WALDINE KAHLDEN BOOKKEEPER e's wage reach SI.

200 Hie increased taxes would cut the ac- ear. Under the bill, the tunrial deficiency of the old age and balance, CCIIUcd rrUIIl ilGVv Dlclall vOIIinilf Oily sound trend. BY ERNA JOHNSON The bill would reduce the defic- which the House sponsors say would Tuesday morning. Aug. 12.

Sk es to all the clubs and hopes they For the immediate future, here is left very little rain in this comm n- what the bill would mean lo the fl- and it's getting mighty y. nancial basis of the fund: Stock water is getting low in pla cs Benefits next year would go up Cotton pickers are seen in the ew about S700 Million. But the increased cotton fields, and corn picking wil taxes would bring into the fund bet- start soon. tcr than one $1.1 Billion. However, in 210 Served at Picnic 1959 the fund would still pay out The countywide home dcmonstra- S800 million more than it received.

tion picnic at NBC Center last Wed- But in 1960. the higher taxes would nesday evening brought representa- yield S800 Million more than the new tion from 10 of the 12 clubs in the S500 Million into the fund as addi- Bielau club president, selected 210 persons who attended were han- does a man fall in love, if died easily, ever, when he knows the heavy con- Mrs. C. M. Ri es of Garwood vas It's sin prising how little it takes The New club feols honoi 1 You are Cordially Invited to Attend the "OPEN HOUSE" Celebrating the 50th Anniversary in Our Banking Quarters Friday, Aug.

22, 9:00 a.m. to 4:00 p.m. This bank will celebrate its 50th Anniversary on Friday, August 22, 1958, marking the Golden Jubilee of its service to the people in this area. So that the occasion might be celebrated fittingly, we refreshments for young have provided some souvenirs and and old. There will be three valuable attendance prizes consisting of one $50 United States Savings Bond and two $25 United States Savings 1 at 4 P.

M. concluding onds. The drawing will be held our anniversary Open House on FRIDAY, AUGUST 22, 1958. To you our sincere appreciation and thanks for your business and good will which has contributed much to our growth and success. We sincerely hope that you and the members of your family can be with us and help celebrate this momentous occasion.

FIRST STATE BANK WEIMAR, TEXAS Member Federal Deposit Insurance Corporation can come again another ycai Almost everyone Ground here is kept busy, but when some can spare a day they like to go to the coast for fishing or other water sports. Some of those who have been to the salty brine arc Ad. Michalek, Mr. and Mrs. Oscar Koehn, Mr.

and Mrs. Walter Poppe and Robert Earl, Mr. and Mis Arthur Koehn. and Mr. and Mrs.

Hy. and Anton Called to Active Duty has been in the U. S. Army left San Anloniu lo fly to Fort Alk, lie tcpMlcd for of Mi.e Rclllj 1 a of Mr. and Mrs.

Arthur Olio and 0 of Weir.iai- Hiifh Our bcjit wishes for the Mr. Joe Ewoboda roluinou a. Houston hospital yesterday. Oin for good health in the mar future, Mr. Swoboda Pavlik's Reunite The annual Pavlik family lellmon was held in San Antonio Sunday.

Those who attended from here were Mr. and Mrs. Joe Pavlik and Carolyn. Mr. and Mrs.

Frank Pavlik. and Mr. and Mrs. Herman Pavlik. Mr.

and Mrs. Hugo Nitschmann returned from a vacation trip to Colorado, where they visited with their son-in-law and daughter. Mr. and Mrs. Harvey Lee Jr.

Mr. and Mrs. Lewis H.Tstmnn of were pleasant visitors In our home Saturday. Mr. and Mrs.

Waller Poppe anil Robert Earl and Mrs. Ben Poppe and Dennis drove to Houston one day lust week, visiting Iris Jean Poppe and other relatives. Otto WoIU'i'sdorf of Boerne was here li'sl Sunday greeting friends Mr. and Mrs. Edwin Klesel of Houston were weekend guests in the home of Edwin's parents.

Mr. and Willie Klesel. Sharon Brewer and Linda Jo Feyrer returned to their home in Houston after a two-week Slav with Mr. and Mrs. Hugo Ulbricht and Mr.

and Mrs. Marvin Ulbricht and baby. Billy Smith of Cnldwcll was here nst week visiting his grandparcnls. Mr. and Mrs.

Willie Rahlwes, and his cousin. Lester Ray Lippedrt. Judy Billeck and Marietta Albright of Houston were at the Dick Eekons for the past 10 days. Judy has returned home but Marielte is staying Dorothy and Elaine Meister of Yoakum are here with the Edgar Koehn family and Lester Koehn for a week's vacation. Mr.

and Mrs. Robert Camdon of Slaton came yesterday to get Mrs. jCamdon's mother. Mrs. Pauline Sic- with relateives.

Mr. and Mrs. Victor Lux and i of Lake Jackson were here at the Emil Dahses during the Dicky Poppe of Sheridan spent several days here with his cousins. Den' nis and Robert Earl. Mrs.

Frank Kolck of the Burden New Hielau HD Club will join Mrs. Melvin Rees of (larwood HD Club win 'attend the 3-day THDA State Convention in Austin. We hope to learn some- good time. "Signing TO." Texas Oilman's Ashes Scattered Over Luling Field Ashes of the body of a well-known over the Luling oil field lust Thurs- The oilman. Worthy II.

Gee. 60. helped bring in the LuIiiiR field after World War I. Gee. who lived at the St.

Anthony Hotel in San Antonio, died while vis- iCinfr a daughter In Colorado. In his will be had specified that his body was to be cremated and tin- ashes Texas I love so well." A son. Longhorn Gee of Suimyvilie. decided the ashes should be over the Luling field. Texas cowhand, worked his way thru Ilice Institute, graduating as an engineer, and struck il rich at Luling nfler serving in the army in World War I.

Ability lo gel off lo a fasl stnrl at a traffic lipbt has sold more au- lomiWles than braking power. The Mercury, $3.00 Year..