The Brazosport Facts from Freeport, Texas on June 14, 1957 · Page 4
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The Brazosport Facts from Freeport, Texas · Page 4

Freeport, Texas
Issue Date:
Friday, June 14, 1957
Page 4
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THE FACTS and Bmoria Cannfyr, Friday, June 14, 1957 editorial ... ECONOMISTS CLAIM REPORT USED UNFAIRLY TO BACK DAM PROMCT Earlier this week, an official from the Brazos River Authority visited Brazosport and other portions of Brazoria County with the objective of gaining added support for the B. R. A.'s six-dam program in a near-future hearing. The six dams which the Authority proposes to build in the upper reaches of the Brazos River above Waco have become one of the most controversial pulilir works projects ever considered in this state. The feasibility of the dams has been attacked on numerous scores, including general attacks on public power (the dams would be paid for through the electric power they intend to generate); on raising the already- high salt content of the river; and that the dams are situated too tar up in the headwaters to make them very effective either for water conservation or for flood control. But among the detailed technical criticisms of the project is one by the U. S. Corps of Engineers, whose engineering report claims that the economic ratio for the project was .68. This means simply that for every dollar that went into the project, the public would receive 68 cents worth of benefits. Last week the Brazos River Authority jubilantly announced that the Corps of Engineers methods of arriving at that result, and the result itself, was sharply criticized in a report on the project by the Bureau of Business and Economic Research of the University of Houston. A team of two economists made the study and the report through a fee supplied by the B. R. A. The University of Houston was dismayed at the announcement. In a news release Thursday the researcher? asserted that their studies were to be used "for further studies by the Brazos River Authority and not foi the promotion of any particular project." They said that they were afraid that the pubic would misunderstand the B. R. A. version of the report; spe- cificallj-, they said, the report "does not endorse the Brazos River Authority on the proposed B. R. A. system of dams." The university officials said that a "full study of the 116-page report would give a different impression from that created by the Brazos River Authority release. Paul Harvey News... MORALS DILUTED f OR DIPLOMACY By PAUL HAHVEY If it is wrong when a captain or a colonel deserts his men . . . It is no less wrong when the Commander in Chief deserts them! What hideous perversion of principle hss Ainc 1 irans so desperate for peace at a.*j price that we will abandon a soldier boy frsm Illinois to the caprice of a foreign court . . . ratner than ruffle the feelings of some recent enemies. If this utterly immoral spirit of compromise had prevailed in the beginning of our nation, wa would have had no nation! Patrick Henry would huve had three choices: "Give me liberty or give me death —or give me peaceful coexistence with George the Third." The Japanese say William Guard was "otl duty" at the time the Japanese woman wa* accidentally shot. We »ay ha was "on duty." That he had been ordered by a platoon leader to gu=,rd • machine gun and other equipment at the time he sought to frighten scavengers away from the firing range. But we have turned him over to the Jnp- ane-!e for trial. We have dropped him into the lap of « fcseign court to suffer whatever fate it may decree. A joint statement by Secretaries W;!r,cn and Dnlles says the "Status of Forces Trea.y tnd agreement establish this procedure." Our President has signed a treaty wnir-h cancels Bill's constitutional rights. The document he swore to pro;?:t r.o longer protects him. I don't know what will happen to Bill when he tries to defend himself against a possible 15-year prison sentence in ari alien land pnd through an interpreter. . . Bi't this serves notice on every American mother's son that when we send him overseas—if he makes one misstep—we d(s- ert hirol The law of morality has been superseded by th'.- demands of diplomacy. Don't offend anybody. Pacify, mollify, appease! If Satan himself came alon*. today'.-; compromisers would say. "Well, he h,i<; fume good points. Why can't we get together on wl.nt we have in common?" And they'd have much in common. If today's climate of consent had prevnil- ed, the Martyrs might have sun?, "Faith of our fathers, we will be true to the—until we work out something.' 1 Because some Formosa Chinese icanted our military disposition of a similar ra.-e. they tiled to mob our Embassy. So now, motivated by fear, wo are vill- ing to toss Bill Girard to the mob ani wash our hrrds of him. It won't work. We are trying to stall at the 33th parallel betwcer what is wrong and what is njht, ashamed to quit but afraid to fight. But it won't work. We are trying to stall at the 38th pnrallfl between what is wrong and what .'s right, ashamed to quit but afraid to figlu. Bi« it won't work. Th<- Reverend Vance Havncr likens us to the uncertain soldier in our un-Civii War who, figuring to play it safe, dressed lurr>?.''f in a Hue coat and gray pants and tiptoed out onto 'he field of battle ... And got shot from both directionsl On The Side.. . BEFORE-DINNER SINGLE FAVORED By t V. DUHLWG Ah, how the colder pulse still starts To think of that one hour sublime We hugged down imo our heart* And clutched eternity in time! When Love'j dear eyes first looked in our», When Lov*'i dear brow* were strange to frown*, When all the itar» were burning flower* That we might pluck and wear for crowni. —Alice Cary ligation to me for only one thing. All I ask 1* that it her first child it » boy that she doe* not name him Edgar. MALE ANt> FEMALE It wa* none other than Marline Dietrich who said, "In general men are better people than women. They have stronger crumc- ters, better train* and ara not so muddled in their thlnjdng." Over 300 men in the United States who are millionaires are bachelors. In the in. terests of c.ur unmarried somebody should publish a v formation titled " W h o's Who IH Bachelor America. While awaiting the publication of such a DooK this department will peri odically name some r/f tht bachelors who are stil) in circulation. If or.« of u u feminine iubscnbfrs mar ries a millionaire ai a result of information f..i- nished by this di-parm,r_-i,i, -i.c U0 . THE BRAZOSPORT FACTS JAMt-S S. NABOK.S. JH... Gl.LNN HEATH Ktnr.e'-h E. nfahlalnjm Ad.t: Gcoijia Beaconi Aj.t Morru Jrtcmar, j^ K*j6t.-ta Danuoi. .. BUI McMu.-r.,....]'"""''^^" SUBSCRIPTION IlATi..S A.SKINO Queries from Clients: Q. What is your authority for saying the Italians taught the French how lo cook? A. There is much authority for that statement. I will content myself with quoting one, he Funk and Was- r-a'.ls Standard Encyclopaedia edited hy Frank Vizeteliy: "The cooking of France was r.r&nably an imperftct and i ucie kind until the introduction of Italian tastes by the printes^es of tne house of the Medici." Q. Who was the first fe/r.mir.e fil^ ., iar (rom Sa:t Lakt Cl'y, Uuh? I say I.oretta Voung. Rig.,,:' A. yu..j-re wror.g. Fir,t ,!ar 'roin Sail LaKe city was Betty Coir.r/ion. PLEASE NOTE It -i ^d ihcre ar< 45 nuiiion persons 'f IMS coi.nuy - Ano dnnk nil a hcjuor. How- t-ver, ut tr, Li= oiiiy «boui three million me !-eavy drinks:,,. .My iirnU :, still one hi.n- '•a.i daiiy juii Lcf'jre dinner. Many distm- i<h;,sic:aiji recG,r:ir.L-;;d a h:^hbajl t-clo:= :h,- L -.,-r.;Dg n.eai u. s y £ay „ brmgs curious comL:nauc/n JBOBlkl »?.*», tirt. Ja j^Jrai\c«. Te*«, Iferch «, h. IM . cli.s ,iitt*r Mitch 3:. I..;; t; ,,..„ o,l Ottic.. und« u;t AJI ',{ Co- FIRM NAMES V.'.'.at is :r.t of cojj.-ioii-.ei.s ;n a , .,„ ^ ...^ -!.c r.-n. ti of l/irce top mefi aA u.e St. Lou.s -Sauonal League Baiebail Club once were .'•lUL-.itr^u;,-, L.aa^ci^oi.-.; and Vom Der Ahe. J-i.diiu.e « sv.iLchiiOi»rd operator having t<> ijy a:.a over, "Giod Morninm. Tuis ;» M-catrifui--, Diddletcx:*; ind Din Der BIRD 4 ; OF A FEATHER These Days.. . TREASURERS CANADIAN OPERATOR By GEORGE E. SOKOLSKY The new Secretary of The Treasury, Robert B. Anderson, will take that position after resigning from Ventures Limited, a Canadian company, which has a tangible net worth of about 522.000,000 and which either owns or has a huge interest in a large number of other companies throughout the world. Canada does not object to the r^riel system of operations and it wouid Be a question of legal definition rather than private opinion whether many of Canada's industries have been cartelized. There seems to be no objecr fion to the cartel in capitalistic countries other than the United States. At any rate Ventures Limited is acknowledged to be one of the largest holding companies in the mining field. Its income derives from dividends paid by various compan- os in which It has made its investments. Ventures Limited was chartered on January 27. 1938, with an original authorized capital of Sin.OOO.OOO. The genius of the enterprise has undobtedly been T. Lindsley, the chairman of its board of directors, who was born in the United States and came to Canada in 1937, as a geologist, and became interested in various mining properties which eventually became Venture* Limited. The indicated market value of the stock ownership in subsidiary and related companies of Ventures Limited is about $112,000.000. In 1954, the various oil interests of Ventures Lim' 1 and Frobisher Limited, a su : iary, were consolidated into Geoil Coll Doctor If Cold Attacks The Sinuses Ty HUMAN N. MHUIMN, M.D. GENERALLY, a cold iJ not re«Uy too much to worry about 3jr taking a coupl* of aspirins, a hot bath and going to bed, jau will likely be as good as new again in a tew days with the ordinary cold. Sinus trouble, how«Y*r, Is something else again. Since this might d«T*lop at any rttge of the cold, you're tot to bt alert for symptom* which might Indicate an attack upea your ilimeei. Any of the foilowlng tfcovld b« a aigneJ to you to can yomr doctor without delay: A MTere cold that oooUauw for more than 4 week without U»- provement. Tka mueoui dl*chajf» (root your note which chance* t« a thick flow of a yellow color. The fern whlck usual'v tc- eompejilee a oo!4 that t .ici 'severe than the ordinary palm ! generally accompanying a oo!4. If 7ou have had prerioui atnui Uoub'e, yau'te |t>t to be eepectally wary of any poaelble recurrence. Aroid Dtocomfort Quick recognition of the fact that a cold hai turned Into a «lnui condition may Mve you a lot of unneeeuary dlecemfort and trouble. While you ml«ht be able to baadle a mild CAM of the eeca- mon cold without pcnfmtneMl medical aid. you will need proanpt help from your phyeieian tor aay •taut trouble. Oeeusnlly, yow etuuwe* of being cured are pretty peod—If you IB Ume. to we yew doctor eatty. LocoHeW Pain Development of any : .iied pain in the cheeki, abc>e or behind your eyes, or IB the teeth of your ur-.>r ]«w. A h:^ - or serlw of headaches ome much more • 1(17, D. V. U.: Beth wjr parent* we atterfir.. Doe* thla mean ttttt I wUl have all«fle* aanf Anewer: children who have twe allergic parent* are more likely to have an allergy than thoee who do not, or hare only one allergic parent. There 1* alto a greater tendency for the allergy to appear at an earlier age- Try and Stop Me -By BENNETT CERF- 1~\ICK JONES tells about a dog who loved country sauwgei. A-'When he bejjgtd hard enough, his rniitrt-:s '.Vi-c.t: out an order for a few, «r.d the do» grasped it betv. .::: hi, >wi, and trotted M to we butclier'* with it. In time, the butcher took the dog'» as a matter of course, and counted off a half dozen &au£age* Without even consulting the order the dog dropped at his feet. When the dog arrived one day for the fourth time, however, the butcher made an interestmg discovery. The paper waj absolutely blank. Wise old Towser, whenever a craving for sausage overtook him, simply tnatched up any piece of paper in jight and v..,'- , i off to the butcher's with it • • . •Th*r. are two tanulu," notcJ Sinclair Lewi., •-.. ...h ^ i.uman WJl eoaure: til. a^cuion that he ha* no aena. of hamor.«(J th. doabiy ujjperuiwat *ugg«*t««i that h. a.vw ha* known «nou* le. Limited, » subsidiary of Vro- bisher Limited. The use of numerous subsidiaries, piling tier upon tier, has become customary in all countries to influence tax payments. Ventures Limited owns about 1,356,000 shares in Geoil Limited of which R. B. Anderson was a director. v These interlocking directorate. 1 ! would indicate that these companies are all controlled by more or less the same interests, brought together by T. Lindsley, Chairman of Ventures Limited. Cecil Limited operates not only in Canada but also in the United States, particularly in Louisiana, where it has substantial oil interests. Ventures Limited, which Is the controlling shareholder of Frobisher Limited and Geoil Limited, operates through its subsidiaries and related companies in Canada, Africa, South America and the United States. Geoil, for instance, has a 50 per cent Interest in Trans Border Limited which owns the Williston Oil and Gas L''mited which operates In the United States with great success. It is interesting that this enormous Canadian enterprise found an American to be it] president and that he replaces, as secretary of the treasury, George Humphrey, whose Mark Hanna Company also holds enormous mine properties in Canada. The economic relations between the two countries are important and perhaps interlocking to a greater degree than it generally assumed. Many financial companies and financial device* exist which bring the busineu of th* two countries together. Furthermore, many Canadian enterprises are financed in London, and Canada may serve u a bridge between the London and New York market, providing financial organiiation* which facilitate investment but which are now forbidden In this country. The Toronto Stock Exchange, for Instance, Is a much freer institution than the New York Stock Exchange. Current studies of the invasion of Canadian capital Into the United Slates would indicate that they are larger than has generally been assumed. There has been so much mystery about the «ew sfcrctarv of the treasury that I thought that I might as well research Ventures Limited and introduce the gentleman properly to the taxpayer. A quiet businessman, working in Toronto since he ceased to be deputy secretary of defense, he has not been as well known to the American people as a successor to Alexander Hamilton should be. His fir«l political appointment was Secretary of the Navy, in the Eisenhower administration, although he is a Democrat. His views on various subjects are not known at all. For instance, what are his views en Ihe budget, tax-cuts,, the evasion of taxes by corporations by means of their subsidiaries ticattered all over tne world, etc., etc.? Anderson has not had anything to say on these matters at all and therefore he cannot b« unpopular because no UIlc . knows what he is S*ir or However, it is to be presumed that he cannot bo too antagonistic to George Humphrey's posi'.ion, because no big businessman could be, and in due course, events will ru- quire statements un variuuj subject*. Foreign News Comment . . , WEST FEARS STASSEN CONFIDING IN RUSSIA BT CHABLES M. McCANH UP SJaM Correspondent The Western AHits are disagreeing with ench other instead of -i-ith Soviet Russia on disarmament negotlalions. . Britai nand France are complaining that HaroH Stassen, chief U*ited States delegate ft the disarmament uoitVrcncp in London, is taking Russia into his confidence on new American proposals nnd slighting them. Britain and France are corn- Germany also seem to be afraid that the United States, in its eagerness to takf Hie t'irst step to'vard agreement, may involve them in unsatisfactory inspection puns. But the overall prospect for the necessary modest ';"'i5t step" toward a dU-'irmnrnpnt agreement still seems to be good. If, the Allied disagreements can be overcome—an.l there is no reason to believe that they cannot—the London no£-otia- tions are likely to enter nn important stage next week. Stassen returned to W^shini»- tcn last week end ti confer with Secretary of Stan John Foster Dulles. Called Cn Carpol U now appears 'h.U Duilcs called Stassen to Washington because of British and French complaints about his; activities. What happened i: that Slas> sen is ready to present n now series of proposals to the London conference. The conreress consis: of the United Stat-s Canada, Britain, France nnd Russia. These countries were chosen by the Uniled Nations to conduct the disarmament talks. Stassrn, on takins the proposals to London, did considerable confiden'.inl t?iH'ir>& with Valerian A. 7,orin, the chief Soviet delegate. It is evident that h? outlined his proposals to Zorin. But~he lias not outlined them to the conference itself. This scorn!;, rcnlly. to he just a temporary complication in the ncgotiations. Anolher Complication But there is another complication in the fear of ftome Allied countries thnt Acmerican leaders, including President F.isenhowcr, ;ire ovcr-ensor to RCt agreement \vith Russia. Britain, for ox-imple, is re- portpil to oppose too much concentration on niif.'lo^r voapons bec.Tiiso» still has such overwhelming superiority in convrntinnnl wcnponr. West Ormany, whoso nn- provnl of any system of aerial impor'.ion of nuclear weapons facilities in Western Fnropfl is essential, wants '.he issue of German unification linked with any agreement. lint there seems good reason to hope tint when Stassen formally unveils his new proposals in the London conference, the first real approach to .1 disarm- nment nrjTomcnt may got under way The latest word is that Stas- spn will present them early next week. It's The Law In Texas. .. FRESH CHANCE GIVEN BY BANKRUPCY LAWS afresh, free from the obliga- IIO.FS, and permit him to start "Bankruptcy" came from '.he Latin "bancus" (a tradesman's table) and "ruptus" (broken'. Under old English law a bankrupt was a trader who hid himself or did other thing 1 ; to defraud his creditors. Under the Roman law creditors could cut up the bankrupt's body and each take his due snare. Olhor lawj would put the debtor in prison or in chains, allow whipping and hard labor. East Indian creditors could sell the debtor nnd his family into slavery forever. In the Middle Ages a bankrupt was a criminal. Later he got some rights: Though creditors could force him <o turn over all his goods, he would escape prison. The basic concepts of cur bankruptcy law: (1) Prorr'e the Bankrupt's assets among his creditors, (2) discharpo him from most of his debts, an:i li; "grubstake" him by exempting certain things from the creditor's reach. The English wanted to discourage extravagance, yot they saw that a debtor's misfortune could trap him. So the early bankruptcy laws gru:lj!in»ly were only for actual tradesmen. Others had to take their medicine. Our constitution gives Congress power, first used in 1QOO, "to establish 8 Uniform . Law on the subject of bankruptcies." After Congress had passed and then repealed three laws it passed our present bankruptcy act in 1898. It amended t!ie act in 1938 to refine liquidation and rehabilitation procedures. Today the act relievos the debtor through liquidation, cr reorganization and rehabilitation. His creditors have always worried about the debtor, but now the state through law has declared the public concern in putting him back on nis feet. The Supreme Court has i-.-ud that the act aims to "relieve the honest debtor from ihe weight of oppressive indebted- tions . . . consequent ttpon business misfortunes. This purpose is ". . . it giveq to the honest but unfortunate debtor who surrenders (his property! a new opportunity <n life and a clear field for future effort. ..." Also ;'ie law puts creditors on notice to watch out that their debtors do not overex- tenrl themselves. This column, prepared by the State Bar of Texas, is written to inform—not to advise. No porson should ever •apply or interpret any law without the aid ot an attorney who is fully advised concerning (ha f'icts involved, because a slight vrhnco in facts may change the application of the Jaw.) Looking Back IT HAPPENED . . . JUNE 14 5 years ago Some 30D member of th* Texas Prt-rs Association will arrive in Krecpori Saturday afternoon for a tour through, the Dow Chemical Co., a drive through the city of Lake Jackson and will attend a barliccua Inter in the afternoon at the Lake Jackson I'nvi'.liun. 10 yean ago Guests in the Krank Wilson home are his rnoth'.r, Mrs. J. W. Wilson; sister Mrs. It. U. YI.UIIH anil son, Michall, of Fai.shopo, Ala. and a brother, J. Wriyht Wilson from Hice. IS yaars ago Mrs. I). A. Strickland was hn.-.tcss wlifn she entertained members (if the newly organized Victory Bridge Club. Personnel at the party Included Mcsdami's !1. E. Garrison, James Ross, Edward 1'hillips, James Moore, T. W. Holt, Kl- wood Williams, Jor Li-May Williams and the liu.sti-ss, Mrj. Strickland. DAILY CROSSWORD i ACHO-Ci 1. Type of cabbage 8. Small nail ». Covered with tile 2. God I Moham ) 3. Shelter. .. side 4 Man's nickname 10. I'l. of "Ienl»" 9. Indistinct (phonct.) 12. uUn H. Month 14. Wine rcctptaclt 15. Measure of land 18. An 20. Lubricate 24. (Jun 2.V Vanti" Uym .1 17. Chop again 19. Girl » ntmt 21. Close tu mark 6. Govern- inenta 7. Cod of the .ihn-p' »l;y (Bahjl, | 27 stew 1 H Waste !ur,d uvudl. (*. CoixiH-l i,-.u 11. Wander M >' u nj ridff? 13 Ki:ll in oil '••i .'ID (j»y wn ol Bury 3D, River (G*r.) 39. Klfc 40. Ho.lyof 42. Thorium (sym ) 23. 2t. 25. 28. 2». 20. 31 32. 3<. 35. Muii.- ci{>*l,ty Fuel P»rt Of an :i:'.h W»«te time River (Kiitf.) Exiat Poii«r stake BturliUt trt-nj . Tli»n intteor Mix *1. 42. Wee (culloq.) 43. Secret! <i. Male r«4 d««r DOWN 5?prr ••»*

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