The Courier News from Blytheville, Arkansas on December 16, 1952 · Page 7
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The Courier News from Blytheville, Arkansas · Page 7

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Blytheville, Arkansas
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Tuesday, December 16, 1952
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Page 7
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TUESDAY, DEC. 16, 1952 BLYTHEVILLE (ARK.) COURIER NEWS PAGE SEVEN Economists Say U. S. Debt Can't Be Licked But Can Be Whittled By SAM foAWSON ; NEW YORK Wv—The burden of the mounting federal debt—wrtlch helps keep your tax bill high—was tackled yesterday . by a group' of economists. They say the 257 billion dollar federal debt can't be retired, com- k'letely within generations. But "hey do think it can be whittled down. . ' ' The grojip of university, business and labor economists form a special committee of the Twentieth Century Fund, a non-profit foundation for economic research. Their report, out yesterday, Is likely to touch off a debate among businessmen. The committee holds that the huge federal debt; if properly managed, need not be Beared. And the committee insists that the debt can be managed to maintain high employment and stable prices. Many businessmen, however, think the federal government's budget should be run like a family budget—If a family consistent!) lives beyond ils means and c«n tinues to go further into debt, its financial future can scarcely be called healthy. The committee does urge tha he federal debt be reduced. But t warns against any "heroic debt reduction" (hat would threaten de- lation ol the price level. Instead It suggests that Congress direct the Treasury to adopt A policy of whittling down the debt hree per cent each year when unemployment Is less than five per per cent of the labor force and when the consumer price index iasn'1 fallen more than one per cent during the preceding six months. And It suggests "an automatic 10 per cent rise In the rate of withholding tax when-employment is hlgh' J as the way to get the money to cut the debt—a suggestion that workers won't find very pleasant. . The committee feels, however, that when employment is falling off and prices are skidding It's no time to tinker with the debt, and taxes should be cut. Trade Conference Set MANILA <m — The Economic Commission for Asia and the Par East (ECAFE) will hold Its second conference on trade promotion beginning in February in this city. Supreme Court Strikes Down Oklahoma's Loyalty Oath HE ISN'T LOADED - Sgt. Robert Znlchelll, left, ol Jackson Heights, N. Y., Is checked tor possible contraband by a South Korean soldier wielding » mine detector, before being altov;ed to. enter the grounds surrounding Seoul's capitol building. The search Is part of the elaborate precautions taken to Insure the safely of President-elect DwiBht Eisenhower, when he visits Korea 2 Mothers, Five Children Die in Burning Home WfNAMAC, Ind. (ff"i —Two young mothers and five children died early yesterday in a burning, smoke- filled, home In Winamac. The Victims were trapped in the two-story home when an oil burner burst into flames and filled the rooms with dense smoke. The only person to escape was the owner, Albert Cri.winger. who jumped from a second story window. Crissinger's wife, Margaret 24, and their three children, Patty, Danny Lee, 3, and Jackie, 13 months, died In the fire-damaged home, a!ong with Crissinger's two sisters and a nephew. The latter three were Mrs. Jane Hanson, 25, and her son, Albert, 8; and Dorothy May Crissinger, 10. Talking Parrott Greets Customers MAMIE TAKES THE CAKE — Obviously delighted with the taste, Mrs. Dwight D. Eisenhower samples a. "dream cake," at: the USO een*er ; in New^Yoric; ,-As delighted with her visit as the President-elect's wife is with trie' cake, are, iron) left: Howard / Hoskins, Youngstown, O., Edmund Irizarry, the Bronx, N. Y., H. Eugene Tillmark, Grand Rapids, Mich., George Acosta, Far Rockaway, N. Y, John Crisman, Comstoek Park, Mich, and WAC Carol King, of Gladbrook, la. Tho thoroughbred horse has In creased about one inch in stature every 30 years since 1700. WASHINGTON, iff) — The Su- Oklahoma's loyalty oath law on the preme Court yesterday struck down ground Hint it penalizes persons who might h«™ Joined subversive organizations Innocently. The law requires state officers nnd employes to swear they nre not Affiliated with the Communist, party or any other organization that advocates violent overthrow of government. It alfo requires a promife to take up arms In defense ol the United States. ' Justice Clark, who wrote the court's nmin opinion, said: "Indiscriminate classification of Innocent with knowing activity nist fall as an assertion of arbl- rary power. The oath defends due rocess." Justices Black anil Frankfurter •rote separate concurring opin- ons. Justice Jackson took no part i the case, making the vote 8 to 0. Validity of (he law was ques- ioned by seven former teachers f the Oklahoma Agricultural and .lechanlcal College. They declined to take the oath nd were fired on May 21. 1051. Each had n contract of employment extending until June 30, 1351 It was • stipulated in Oklahoma ourts that none of the teachers > r as connected with a subversive >rganlzalion. EL DORADO, Ark. (AP)— Peopl who patroni?.e a small homey caf on the south side of this Arkansa oil caplt.il usually get somclhln for their nickel besides a cup coffee. Pedro, the parrot pet of the cafe, often gives Ihe customers a conversation. Depending on his mood of the moment, Pedro greets patrons with a clear, unmistakable wolf whistle, a friendly "Hello'.' maybe hospitable "Come in" or just blank scruntty. In parting, Pedro may tell them "Come back," ,"Gooclbye" or "Bye Bye". The bird once told a newcomer pettishly/ "Shut the door, country boyl Its cold." His owners, Mr. and Mrs. Blondle Wells, have taught him such tricks as imitating an airplane motor when one of, the piloU approaches, Imitating a fire siren, and mocking the bark of a dog. GOP Gets Plea For Shorter Campaigns WASHINGTON W>) — A pita for shorter national election campaigns was placed before the Republican party yesterday. H came from [he General Fed-1 eration of Women's Clubs which adopted a resolution on tht subject last May. Mrs. Oscar A. AhlRren of Whiting, Ind., president, formally presented the request to Miss Bertha Adklns, director of the women's division 'of the GOP. Mrs. Ahlgren said she represented 5',4 mlllllon woman who are In favor of delaying national political conventions until August and having the major parties agree on a subsequent date tor the campaign- Ing to get underway. "We believe that there no longer Is need for an arduous four-month campaign to educate the electorate," she said, adding that the prolonged quests for votes is too costly and too wearing on the candidates. Mrs. Ahlgren said the proposal Is also'being sent to the Democrats. Ann the organization will try to get Congress to pass some legislation on the subject. Peter Rabbitt a Marine ST. LOUIS (/!>>—A World War II veteran of Tarawa who recently reenlisted In the Marine Corps is Pfc. Peter Habbltt Jr. Peter has a brother named Jack Rabbitt. And his sister is "Bunny" Rabbitt. S*f II, Forget it. May tag dow all , the work. Bee it *•»•»*{£; 299.95 1)3 Adams Appliance Co. Inc • e • EDDY • <tiow»n | Give A Gift That Keeps On Giving GIVE ELECTRIC GIFTS Ark-Mo Power Co. BEAT THIS VALUE IF YOU CAN! DON'T WAIT ACT NOW.' VACUUM CLEANER Above Newscharl shows division in Senate seats between Repub«] licnns and Democrats. In the 35 scats up for election or re-election,' the GOP won 23 and the Democrats 12 to give the GOP « slight- margin 49-47. However, Sen. Wayne Morse of Oregon, listed as a Republican, has declared himself an Independent and could spU^' the Senate power by voting with the Democrats. "~ ^, •ATLAS STORES, INC. I • 318 West Capitol ! 1 Little Rock J ! Wllhoul obl, 9 <»on, I would lib* • >,„• • Home Dtmomtralion el Hit Brand Hfw[ • Cl.atur ol H4.9i I L. H •. f. 0. AdJ/ i« &*nd 5p«cifi< FOR ROAD ECONOMY- Concrete is the economical pavement for two-lane federal, tt«ta and county roads as well as for heavy-duty highways.' Rigid concrete pavement is moderate in first cost yet can be designed accurately for any legal axle load—and it will keep iti load- carrying capacity throughout its long service life. Concrete costs less to maintain than other pavements as proved by average cost figures from official records of 28 State Highway Departments that report maintenance figures by type of lurhee. Concrete highways also last longer than other pavement! as proved by studies published by the Highway Research Board. Moderate first cost -^ low maintenance cost 4- long life — lew annual tost. With low-onnuaJ-coif concrete less money il disii- pated on maintenance, leaving more money for new construction. PORTLAND CEMENT ASSOCIATION ' - : . 916 faUs Bldg., Memphis 3, T«nn. A national wg a filiation to Improve and extend the uiei of portfand and contreU , ., ihrough scientific reiaarch and engineering field wtxtc HOLIDAY GREETINGS! . • ". ' ' from the Members of THE BLYTHEVILLE ASSOCIATION OF LIFE UNDERWRITERS Luther Z. Goings • L E..OId W. Paul Mahon J. Lours Cherry H. L. Halsell Jr. O, W. Lewis Douglas P. Morris T. WinfordWyarr Nathan Devers Ira Walters E. S. Moore Jr. J. L. Thompson Jr. Reliable Life Int. Co. The Prudential Life Ins. Co. Metropolitan Life Ins. Co. New York Life Ins. Co. Aetna Life Insurance Co. Life and Casualty Ins. Co. Life Ins. Co. of Georgia Metropolitan Life Ins. Co. Metropolitan Life Ins. Co. Life Insurance Co. of Georgia 'Life Insurance Co. of Georgia . American United Life Ins. Co. Blytheville Blytheville Blytheville BIythevilie Blytheville Blytheville Blytheville Blytheville Blytheville Blytheville Blytheville Blytheville J. A. Bryant Clyde T. Davis T. A. Folger Julian G. Paul Hollis A. Evatt Henry S.Thompson Lynn W. Brown John M. Duncan G. R, Travis R. S. Purtle R. Z. Broadway American United Life Ins. Co. Blytheville Life Insurance Co. of Georgia Blytheville Life Insurance Co. of Georgia Blytheville Metropolitan Life Ins.. Co. Oscebla Union Life Insurance Co. Blytheville Union Life Insurance Co. Blytheville Metropolitan Life Ins. Co.- Blytheville National Life and Accident Ins. Co. Blytheville Reliable Life Ins. Co. Blytheville Interstate Life Insurance Co. Blytheville Interstate Life Insurance Co. Blytheville FOR YOUR LIFE INSURANCE NEEDS, CONTACT ANY OF THE ABOVE MEN WHO ARE MEMBERS OF THE NATIONAL ASSOCIATION OF UNDERWRITERS, BLYTHEVILLE CHAPTER

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