The Algona Upper Des Moines from Algona, Iowa on August 24, 1967 · Page 26
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The Algona Upper Des Moines from Algona, Iowa · Page 26

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Algona, Iowa
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Thursday, August 24, 1967
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Page 26
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WASHINGTON WASHINGTON - Instead of tacking lOpercent extra toevery- one's tax bill, as President Johnson wants to do, Congress could grant a 10 per cent reduction and still raise enough money to finance the Vietnam war. This financial miracle could be accomplished, according to Treasury Department experts, simply by closing the tax loopholes. Ex-Senator Paul Douglas, who fought a lonely battle against tax loopholes for 18 years in the Senate, has said that income taxes actually could be cut in half if the loopholes were plugged up. Our tax structure is riddled with loopholes, some bullet-hole size, some porthole size. But the most gaping loophole, big enough to drive an oil truck through, is the 27 1/2 per cent oil depletion allowance. The revenue that seeps through the smaller loopholes and gushes through the oil loophole must be made up by less privileged taxpayers. They are now being asked to pay an additional 10 per cent for guns, tanks and planes, while the oil millionaires spend their share on Cadillacs, caviar and furs. Douglas claims to know one oil millionaire who in 1964 paid less income tax than did a $55-a-week scrubwoman. The oil depletion allowance is a legalized tax evasion scheme permitting producers to write off 27 1/2 per cent of their oil and gas income. The Treasury Department loses an estimated $2.5 billion each year from this great oil seepage. As justification, the oil industry argues that there is only so much oil in the ground, and the men who pump it out should get a tax break for running their holes dry. The 27 1/2 per cent allowance has nothing to do with costs and bears absolutely no relation to the amount of oil depleted. The producers can go on taking the tax write-off until their wells dry up. For the average well, they wind up deducting 19 times the original cost. - o - - CONGRESS COOPERATES - -THE GREAT PATRIOTS - Eagerly agreeing, a compliant Congress has permitted the oil companies to count as U. S. taxes any royalties they may pay to foreign potentates. Thus Standard Oil of New Jersey, to take the giant, can claim federal tax payments of half a billion dollars a year. Yet the real fact is that the top 22 oil refiners, combined, paid the federal government only $240 million in 1964 - half as much as Standard Oil alone claimed to have paid. The rest of the taxes were, in reality, royalty payments. Oil millionaires are more vocal about their patriotism probably than any other group. Many are anti-communists of the breast-beating, teeth-gnashing variety. They have a peculiar affinity for right-wing causes, and they have financed many an extremist attack upon the government which has been so generous to them. Their patriotism doesn't run so deep, however, that they are willing to pay their fair share of the Vietnam war. It also isn't likely that President Johnson, whose political career has been largely financed by oil contributions, will ask them to do so. It is even less likely that Congress, whose members also depend heavily upon oil contributions, would close the oil depletion allowance. Politically, it is simpler to charge the rest of the taxpayers an extra 10 percent. - o - - ON FEDERAL DOLE - There is also nothing sacred about the 27 1/2 per cent figure, despite the reverence in which it is held on Capitol Hill. It was a compromise between the 25 per cent recommended by the House and the 30 per cent favored by the Senate when the oil depletion allowance was first established in 1926. The appearance of this enticing tax advantage brought other lobbyists swarming over Capitol Hill. Rather than plug the dike, Congress obligingly drilled dozens of new holes. Now almost 100 minerals get some depletion allowance. Among them are bismuth, clamshells, clay, coal, gravel, lignite, limestone, mica, rock asphalt, sand, shale, soapstone and vermiculite. Almost as wondrous as the oil depletion allowance are the drilling and development deductions - "golden gimmicks" one investor happily called them which permit oil men to deduct many of their intangible costs. The deductions can be taken in advance, often as high as 80 per cent of the costs, which makes oil speculation a singularly attractive investment, To justify these happy benefits, oilmen have created the great Dry Hole Myth. For years they have offered anguished testimony that for every gusher there are eight dusters. This has been -quietly contradicted by no less than the holy writ of the oil industry, the Oil and Gas Journal, which has confessed that the industry's average is closer to two successes for every dry hole-excellent odds in anybody's crap game. The way it works, only the wildcatter takes the risk. After he has bet his last borrowed dollar on a rig and a prayer and has drilled deep into the landscape and found black gold at the bottom of a hole, then the big companies move in. If oilmen are hard pressed to explain the economic justification for their tax privileges, they solemnly assure doubters that it is the patriotic thing to do. They can become positively lyrical over how vital oil is to national se* curity. This is an argument that, conceivably, could justify a tax break for discovering and developing domestic oil. But they consider it equally patriotic to drill for oil in , faraway places with strange-sounding names. The story is being told of a newsman interviewing children in the Chicago slums. One 10-year- old girl was asked what she wanted to do when she grew up. "Draw," she said. The reporter was pleased to find an interest in art in such a bleak neighborhood. But her next answers cleared up his misunderstanding. What she had meant, it turned out, was •that sh'6 hoped to dfkw welfare,' 1 like her mother. This points up a problem that has been deepening Negro despair and arousing widespread disgust. It is the problem of unmarried mothers, a problem of immorality and illegitimacy, often subsidized by government relief checks. The problem is by no means limited to Negroes; illegitimate children are born into all strata of society and are of all races. But the blight falls most heavily on Negroes in city ghettos. To a large extent, illegitimacy is the cancer of the slums. Most sociologists contend that it is the product of circumstances - economic, psychological, emotional. Thus illegitimate children of the ghettos have a distressing record of producing more illegitimate children - and remaining on the relief rolls indefinitely. One unwed mother in the District of Columbia has been collecting relief for over 20 years. The amount has increased with each child until she now receives $140 a month to care for four dependents. A mother of six illegitimate children has been drawing relief checks for 18 years; her monthly handout is now $253. The figure is determined by the number of dependents, minus any independent income. Sociologists scoff at the idea that ghetto women deliberately get pregnant to collect the extra $30 a month that the average dependent child brings. But welfare investigators are more cynical. They insist many women deliberately bear children for the sake of the support payments. In the slums, a girl sometimes can make more money raising an illegitimate family at the taxpayer's expense than she could earn working. Many sociologists believe this breakdown of the family is the heart of the ghetto problem. Though attempts have been made to penalize unwed mothers and irresponsible fathers, inevitably the greatest punishment falls not on the guilty parents but on their offspring, They are doomed to the bleak" est of childhoods, with hardly enough food to survive, and no chance for decent housing or clothes, They must grow up in the streets, finding their own amusements in the garbage and trash cans of their equally poor neighbors. As a result, they make up a high percentage not only of future charity recipients but of school dropouts, public health cases, dope addicts and the young hood- lums who have decided that stealing and rioting are their only means of getting anything good out of life. A lot of Congressmen feel that we are not going to make any real dent on the ghetto problem until we eradicate the root of illegitimacy that makes it grow and spread. That is why the Social Security bill just passed by the House includes a requirement that all able-bodied parents receiving relief payments for their children be forced to take job training. There are about one million such women on the relief roles now - and the number appears certain to grow sharply unless the trend can be halted. - o - -LBJ*S TV STYLE- For months, President Johnson's advisers have been urging him to explain his policies to the nation in regular "fireside chats" like those of Franklin Roosevelt. They've argued that he is most persuasive when he Is talking off- the-cuff to small, intimate groups. They would like to duplicate this environment on television and turn the President loose. LBJ resisted the advice until the latest polls showed his popularity had plunged to a record low. This has now just about persuaded him to try out the "fireside" style. - o - PATRIOTIC BLACK PANTHER Col. Daniel James, one of the Air Force's hottest fighter pilots, has discarded his trademark in protest against the black pwoer movement. The colonel happens to be a Negro who flies regular missions over North Vietnam from Thailand. He used to wear a black panther on his flight helmet and carry black panther calling cards. But Col. James, who has been active in the civil rights movement himself, has stopped using the black panther because it smacks too much of StokelyCar- michael's black power. James feels Carmichael has betrayed both his country and his race. - o - - CAMPAIGN CAPERS - With the opening of the presidential campaign in Sout Vietnam, a" comic-opera squabble over campaign funds has broken 'out between Gen. Nguyen Von Thieu, the army's candidate for president, and his running mate, Premier Nguyen Cao Ky. The premier, who had more rich friends than Thieu, raised a campaign kitty of $500,000. Thieu demanded control of the spending on the grounds that he headed the ticket. But Ky, who stepped down from the premiership to accept second spot on the ticket, decided he had made enough of a sacrifice. He told Thieu to scrounge his own campaign funds. Meanwhile K/s contributors got so nervous over being caught in the middle that most of them withdrew the money from their bank accounts before Ky could cash their checks. As a result, the whole squabble is now over a campaign chest full of worthless checks. - o - - SCUTTLING McNAMARA - The announced investigation of U. S. war aims in Vietnam is really an elaborate ambush that Rep. Mendel Rivers, D-S.C., the House Armed Services Chairman, has prepared for Secretary of Defense McNamara. Rivers cooked up the investigation with Rep. Porter Hardy, D-Va., who was named chairman. But Rivers will be feeding the subcommittee with ammunition against McNamara, supplied by disgruntled brass hats who don't like their civilian boss. Mr. and Mrs. Darrell Robinson and children of Decor ah spent the Aug. 13 weekend In the parental Clare Robinson home in Wesley and the parental Cliff Moldenhauer home in Britt. Mrs. Mirfnie Bleich entertained her contact bridge club Thursday evening. Mrs. Mary Forburger was a guest. Mrs. Bettie Bode was high score prize \vin- ne. She will have the next party. Riohard Reising arrived at the parental Andrew Reising home Aug. 14 from a year's service in Vietnam with the Army. He will report to Ft. Leonard Wood, Mo. following his 30days at home. Mr. and Mrs. Clare Robinson attended the funeral of his brother-in-law, Clarence Wilcox, 82, in Waterloo recently. Mr. and Mrs. Chet Smith of Bancroft accompanied them. Sister Mary Luke of Chicago spent August 14-16 in the home of her brother, the Leo Hanigs. She also visited in the Mrs. Lulu Hanig home and with relatives in St. Benedict. Mrs. Lulu Ammann and Mr. and Mrs. Pete Ammann of Geneva brought Sister Luke and Sister Marjorie of Dubuque to Wesley Monday and spent the day here. Mrs. Leo Hanlg took Sister Luke back to Geneva Wednesday. Sister Luke has taught music at Corpus Christ! School in Chicago the past 21 years. Mr. and Mrs. Francis Hauptman, Lois and John of Tucson, Ariz, arrived Monday, Aug. 14, for a week's visit with relatives. She is the former Cecelia Otis, sister of Ray and Edmund Otis, and he is a brother of John Hauptman and Mrs. Jim Haverly. Mr. and Mrs. M.M. Blau and children of Stockton, Texas came Tuesday night for a week's visit in the home of her mother, Mrs. Emma Olson. Sister St. James (Janice) and Sister Donagean of Dubuque spent Aug. 12-17 in the parental Urban Lickteig home. A large group of relatives enjoyed a picnic at the Lickteig home Tuesday. Mr. and Mrs. Robert Cooper, Billy and Carol of Van Nuys, Calif, visited in the home of their uncle and aunt, the Leo Hanigs, and also in the Bill Meyer home at St. Benedict. Mrs. Mary Wingert, Buffalo Center, spent several days last week in her home here, as her daughter, Sister St. Catherine, principal at St. Joseph's School, Mason City, was her guest. Sister St. Clare, the former Julia Wingert, left Sunday for Dubuque, following a weeVs visit in the parental Clare Wingert home. Jennifer Lawler of Minneapolis came Thursday to visit her relatives, the Vine and Steve Doughans here, Roger Doughan, Clarion, and the Phil Ballards, Algona. Art Bleich has purchased the Bill Drummer house. He and his two daughters, Bonnie and Gwen, will move from the farm northwest of Wesley. The four 40 x 100 foot cement slabs on which the quonset grain bins sat, have been broken up and hauled away by the government. The bins have been sold to farmers in this area. Dave Klein bought the ground on which the bins stood in the south part of town from Wm. Hrubes. Mr. and Mrs. Lester Larson and Mr. and Mrs. L. Lease returned Aug. 15 from a week's sight-seeing trip into Minnesota, Wisconsin and Canada. Rev. Frank Considine and family returned last week from a three week vacation to eastern states and Canada. He is pastor of the Corwith and Wesley Methodist Churches. Mr. and Mrs. Fred Bohn and their houseguest, her sister, Mrs. Agnes McCloskey, Eugene, Ore. were Tuesday dinner guests in the Don Butz home at Garner. They had visited the women's sister, Mrs. Lucy Schleusner in Forest City Monday. Ex-Bancroft Man Passes In California Word was received at Bancroft recently of the death of Edward Zigrang, 72, at Los Angeles, Calif. He was born in Livermore and lived there until 1913, when he moved to Bancroft, where he was employed at the First National Bank. He married MaryDoddof Burt. In 1925 they moved to Los Angeles where he became branch manager of the Citizen's National Trust and Savings Bank. His survivors include his wife Mary, a son Donald, a daughter Mrs. Jane Quinn, a sister Mrs. Mary Stewart, and brothers Dr. Charles Zigrang and Dr. John Zigrang, all of California, and a brother Harry Zigrang of Humboldt. At Debate Course Ronald Gilbrlde of Algona is one of 147 high school students from 17 states attending the sixth annual Debate Workship at Northern Michigan University, Marquette, Mich. A tournament, Aug. 24-25, will conclude the workshop. INVINCIBLE METAL FURNITURE franchisee! dealer — Upper DCS Moines Pub. Co. Club Member Louis H. Reilly has qualified as a member of New York Life Insurance Company's 1967 Star Club, according to C,K. Maudsley, general manager of the company's Sioux City general office. The Star Club is composed of New York Life's most successful agents based on the 1966-67 sales records. As a member, Mr. Reilly is eligible to attend an educational conference at Mackinac Island, Michigan, later this year. New Car Showing Management and sales personnel from two Algona automobile firms, Ken's Auto Service and Percival Motors, will get their first look at the 1968 line of Chrysler Corporation cars in Minneapolis, Aug. 29. They have been invited to a prevue being held for all dealers. Percival Motors handles Chrysler and Dodge cars, and Ken's Auto i<= ^ Plymouth dealer. Joke Backfires Two Emmetsburg businessmen were apprehended one night last week in what a watching policeman described as an attempt to kidnap or release a pair of bear cubs from a cage at Ted's Market In that city. They said they were planning it as a joke, but the pair appear headed for court. __ Fireplace Filler When you fill an unused fireplace with green plants, the entire room will take on a light, airy look. Use clay-potted Boston ferns with their gracefully arched fronds. Varied plant heights can easily be achieved by Inverting clay pots of different sizes and using them as bases for the ferns. Thursday, August 34, 1967 Alflona (la.) Upptr D«i Meintt-3 initttiwwiwtititifliiiittiiin Notes Of Servicemei USS RANGER, Aug. 9- Radioman Second Class David E. Garman, USN, son of Mr. and Mrs. Edward J. Garman of Wesley, has returned to the Naval Air Station, Alameda, Calif., following three weeks of refresher training in waters near San Diego, as a crewmember aboard the attack aircraft carrier USS Ranger. During training, the 75,000 ton carrier underwent intensive damage control, engineering, flight deck, navigational and departmental drills. General Qaur- ters, man-over-aboard, and nuclear, biological and chemical warfare drills were also included in the training. Upon completion of the training exercises, the Ranger was officially labeled "battle read)'" and will continue preparations for her next deployment to the Seventh Fleet in the Western Pacific. Gets Drake Degree Jerlene Meyering Sleper, Titonka, was among 460 who received degrees at Drake University, last week, at the conclusion of a summer session. She received a degree as Bachelor of Science. FT. McCLELLAN, ALA. -Army Private James E. Abbott, 21, son of Mr. and Mrs. Eugene W. Ablwtt, -115 Fair St., Algona, completed eight weeks of advanced infantry training Aug. 10 at Ft. McClellan, Ala. He received specialized instruction in small unit tactics and in firing such weapons as the M-14 rifle, the M-60 machine gun and the 3.5-Inch rocket launcher. "Kossuth County's Favorite Newspaper" KIDS 'N KNITS The iik-iil combiiiiiiioM for comfort mid fiisllion i> tins I.MS\ c.iic collon knit. It's Imiulcil to keep it> shnpc. The cli.iin-bcllecl p.mel pleat skirt is topped oil In ;i striped bodice REAL ESTATE AUCTION TUESDAY, AUG. 29, 1*0 P.M. On Highway 169, North Edge of St. Joe HOUSE: 28 x 40, 3 bedrooms, carpeted living room, draperies included. House is near-new and has 7" well for ample water. Also includes 24 x 36 garage and workshop. Legal Description: North 133' of Lot 1 of Joseph Sinn-' well's first subdivision of parts of government lots 4 and 5, section 36, Twp. 94, R 29 West of the 5th P.M., Kossuth County, Iowa. FARM: 120 Acres, more br less, with 45 acres tillable and balance in timber pasture. Legal Description: Government Lot 4 except 6 acres in the Southwest corner thereof and except Sinnwell's Addition/ Government Lot 5 except Sinnwell's Addition; and Government lot 6, all in section 36, Township 94, Range 29 west of the 5th P.M., Kossuth County, Iowa (plus access road - S 33' 5" L I etc.) TERMS: Down payment of 10% day of sale, balance when final settlement is made. JOSEPH SINNWELL, Owner Edward Andersen, Auctioneer WESLEY By Mrs. Viola Studer = Mr. and Mrs. Fred Bonn, Mrs. Agnes McCloskey and Mrs. Viola Studer were Wednesday evening dinner guests in the Ernest Gerdes home in Woden. Mrs, Ed Cink of Woden was also a guest. Mrs, McCloskey left Saturday for her home in Eugene, Oregon. She had spent several days with her sister, Mrs. Larry Dalgetty and husband in Mason City. Mrs. Violet O'Dell of Mason City called onMr. and Mrs. Clare Robinson Wednesday afternoon. Mr. and Mrs. Robinson had attended the funeral of Fred O'Dell several weeks ago. Mrs. Wilfred Ward of Norway, Iowa called on Mrs. Olive Erdman Monday. Mr. Ward will be installed as Grand Master of the I.O.O.F. of Iowa. Does your heating system help with the housework? A modern gas heating system does, The gas flame itself burns clean. So clean you can sterilize a needle with it. CALL ANYWHERE IN 48 STATES FOR Then your modern gas furnace filters the air to trap dust your family tracks in. . Makes gas the cleanest heat you can install. 90 rl Northern Natural Gas Company Th( pip<l»ii lining Gil to W ' ocl ' M v c (or less) That's all it costs for a three- minute station call after 8 p.m. daily and all day Sunday. Additional minutes each 25jzi or less. Enjoy a family reunion by telephone! Northwestern Bell BE SURE TO SEE THE IOWA TOWN ANO COUNTRY All GAS HOME ON DISPLAY AT THE IOWA STATE FAIR AUGUST 18 THRU AUGUST 27 DIAL DIRECT> Fast Personal. Easy

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