Tucson Daily Citizen from Tucson, Arizona on November 1, 1950 · Page 6
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Tucson Daily Citizen from Tucson, Arizona · Page 6

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Tucson, Arizona
Issue Date:
Wednesday, November 1, 1950
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Page 6
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Senator Sees Threat Of Excess Power Is Off, Profits Tax Staying On Books JBy MARGARET CHASE SMITH (tl.;S, Senator-From Maine) "-. SKOWHEGAN, Me., Nov. 1.--I believe arr.excess profits tax Is fully Justified in time of war and it will'be justified to help financ'e our rearmament program. But, like so fnany laws, there are inevitable inequities and defects in.'an excess profits tax law. These must be cut to a minimum.. A careful study'of Use proposal must be made by eon- gress-before .acting on It · Caution must be taken to see that this tax be limited to recapturing extra profits realized by business from the , rearmament 'program. There must be restraint against ex- PUERTO EICO UPRISING -- Cross symbol locates Puerto Rico//where United States-hating Rationalists (Oct 30) launched a revolt in ten towns and cities. Utuado and Jayuya (underlined on iaset map), two towns held by Nationalists, were/attacked by Naftional Guard planes and infantry in a combined strafing and ground operation. LEADERS--The palace of GOT. Iinls Mnnwi Marfn (upper) nt Ban Juan, Puerto lllco, was ((red on by Nationalist rebels In. an outbreak taking '. the shapei of «n organized uprising. Pedro Albliu Campos (lower) la leader of the Nationalist party, a, gmajl but well organized party which "follows much the same line as the Communists. They are campaigning- -to oust United States government in Puerto -Rico. THE,TJJUVJKKSiTT OF ARIZONA band Will play-Sunday at the state fair at Phoenix. The band will appear at various places on'.the pounds between. 10 ajn. and 5 p.m. This is an/annual, event for the band and:was this year made pos- ·Ible through the cooperation of Associated'Students at the unlver- ·ity. '.: ..;.."..' '-'. .-. . , . : Nurse Group Sets Meeting AtJJ.ouglas The 31st annual meeting of the Arizona State 'Nurses' association will open in'Douglas tomorrow, with headquarters' at the Hotel Gadsden.' District 9 will be the hostess group meeting. for : the three-day Guest speakers will include Mrs. Elizabeth K. Porter, R.N, president of the American Nurses' association, Miss'Leila Given, R.N., associate executive secretary of the same group,'and Jack McDonald, director of special services of the Central Arizona Light and Power to. The convention theme will be 'Unity of Action Means Progress n Nursing." Section meetings will be held Friday for public health, rivate duty, general duty, admin- stration and office nurses. An organization session for school nurses s also scheduled. Social events include a luncheon .omoiTow and a banquet Friday, ioth at the Gadsden, another luncheon in Agua Prieta,' Sonora, Mex- co, and an all-day trip to the Won- lerland of Rocks Sunday.' Tax Collections · On Luxuries Dips PHOENIX, Nov. l..«V-A 'drop f 518,983.04 in luxury; tax. collec- ons for October has been report- d by the state tax commission. The' total for the : month was 317,523.42 while collections in eptember were $336,506.46. Howver, the amount is higher.' than the 5301,764.04 produced by the uxury revenue In October, 1949, last Berlin Catches Up With Sovietixation BERLIN, Nov. 3. (ff)--East Ber-| n-caught up with the Sovietiza- on program in East Germany..tc- ay. by a decree that can destroy rivate property rights at the gov- rnment's will. · The new measure empowers the ommunlst administration in the ussian sector of this divided city transfer private property "to a ilrd party without full compensation to the original oimer. A similar law, is already in force In the Soviet-sponsored East .German republic which surrounds Berlin. · The Russian sector decree plies to business houses,, land, vehicles, goods and virtually all other types of property. panding the tax. into the additional objective of cutting down profits that might arbitrarily be regarded as too high. ' ·Surely,- no one can argue about its' -justification' as a wartime 'or rearmament defense tax, regardless of now hard it may be to levy the tax fairly and.equitably. But the arbitrary determination of what constitutes "too high" profit would be nothJiiZ'less-than the in troductlon of profit limitation InU our tax system.- Perhaps the tax rearmamen should not be called, an "exces. I profits tax" but rather a "war prof its tax." In other, words, the tax must be kept to its original pur pose or objective -- that of tern porary and partial financing, of the emergency rearmament or uncle clared war -- and Us' rame should be such as to Seep us constantly aware of this. Has Two Objective? After all,, the proposed tax really has two main objectives. One is to finance partly the rearmament program. The other is to prevent profiteering out of the war or the rearmament program -- to take the profit out of'..war for everybody. . In 'the arguments for 'the enact' rnent of an excess profits law .we iear a great deal of talk about corporation ptofits having reached record levels. But it is equally true that wages 'have reached a record level--that national income has reached a record level. What is too often omitted to such talk is that -the high profits of cor- oorations have not been made on war contracts. . A fairer approach would seem to -be one through the renegotiation of contracts by which the government can review its war contracts and the profits reali2ed by corporations on those : contracts. If the 'profits are apparently exorbitant, then by a standard clause in the contracts the government can renegotiate the contract and cut down its payments to a corporation. This is fair .and equitable action In the interest of the gen-j eral taxpayer. Takes Time But ths renegotiation of contracts takes, time--time .for actual production and actual payments , and review of those'· payments. Uncle Sam needs the money now to finance .the rearmament program and the excess-profits -tax brings that money in more currently with the reed for .the money. The power to tax is the power to destroy. In Russia .they have aJOO per, cent tax. The more we Increase taxes here, the more, we tend to a This could lead toward the .Com- tha! it is a "war profits tax" In- stted of. the beginning; of a'perma- neht^limitation on business profits. Else we will'be, undermining the economic .system .that has. given us the highest standard -of living In the 'history o£"_the, world.- ' In seeking military .'security we- cannot, undermine "-our economic security. . -, i · · (Dist'd by United Feature's) Ohio State's- -yic Janowi.cz- had' a perfect-day against Pitt, completing be out of six passes for 151,yards.' Radio Goes On BERLIN;- .Nov. ··!,- .(ffj--Soviet- controlled Radio Berlin boomed out its propaganda' with undtminislied force 'today despite the. Western cutoff, of. electricity to-Its, studio building last midnight. The "cutoff; was. In · retaliation- for the-.refusal, of East German-· Communists to renew a contract for power sales to West'Berlin. Russian-appointed directors of the radio's program headquarters in the British sec.tor simply turned on their, standby generator 'when outside current .was stopped.,.' The generator'was expected .to supply the basis heeds of - t h e building Indefinitely, but economy on use of office lights -was ordered., . The radio's 60,000-watt transmitter, located just outside Berlin in the Soviet zone, was.unaffected-by the western action. . ' Under .a 1945 agreement, : the western powers recognized Russia's claim 'to occupy the British lector building. But irked by Communist efforts.to squeeze West Berlin with a power shortage, the allies' approved last night's "cutoff In advance. ,, . Of the 69 coaches listed on'the varsity football staffs of Big Ten schools, 37 are alumni of the Institution at which-they are coaching. Southwest TimiJjer ' Prices At JXew^ttigh ·WASHINGTON,. Nov. 1. CU.fi)--The forest -service has come up with a note on 'inflation--it is getting the highest prices ever for timber in southwest national forests. Qtorinn tally (Etlfirn W«ilniid«y Ev a, Nav. 1-, In a recent sale of 168,000,000 cessful bidders. board feet of timber gtumpage la the Kaibab national forest -In 'Arizona the service got S4410 per 1,000 board feet. Whiting Bros, Holbrook, Arizf, were vthe guo-- ARTIFICIAL WREATHS 'ALL scuts 1 DAY Beautifully Constructed, Long-Lasting BOUQUETS In CONTAINERS Bright, fresh floweM . . . attractively ar' ranged and moderately priced. , ', HUBBfiRD'S GREENHOUSES North Grande Avenue at Si Mary's Road : , PHONE 2-8826 , OUK 28th YEAR, Due tat the Warm Weather SALE of suns A targe group of Suits at real savings.... right at the "beginning of the season! Pin checks and novelty mixtures in sixes 10 to 20. $39.50 VALVES $45.00 "VALUES $29.50 $32.5)D 100% Wool Shorties Shetlands, gabardines. Sises 10 to 20. SPECIAL . .... .$15 ^SCREENS STEEL SASH Southwestern Sash Door Co. munist -way of operating the government 'and ruling the people. I think we need to have a "war I think -we will get But let's be careful BIG IN PULLING THE FULL FLAVOR Of OLD KENTUCKY- NATURALLY GREAT SINCE 1888 STRAIGHT B O U R B O N W H I S K E Y · 4"VEARS OLD'· 36 PROOF £CHO SPRING DISTILLING COMPANY · LOUISVILLE. KENTUCKY Save big money w'rfha STUDEBAKER TRUCK! ve money on gasoline! Save money en repairs I Gtta full measure oflong-lasting."on-the-j°b" truck mileage! Cet a husky, handsome, powerful new Studebaker truck. All aver the country, on all kinds of work; Srudebaker trucks art recognized stand-outs in pulling power, staying power, earning power! Stop in now/and cheek the convincing economies of Studebaker trucks In yeurkhd of hauling I ' Stvidtbaker'i rugged l(£ and 2 ten trucks come in four wheelbaici for each model. The smooth-performing Studebaker Power-Plui truck engint with it« dependable high torque operates at · low cost per mile. Streamlined Studebaker ptck-up truck* come in HP 5i or 1 ton capacity. G«i- ttvinE overdrive ii available «t extra coat in the H *nd X ton models. Special In Studcbaker trucksl AUTOMATIC WU HOLDCR prevents roll back en upgrade stop* TIWCK CltMAT/lfK ' far cab heeling,vetitlfatlng,defreftlng titlttr er belli tnllobl* on all ' modtff of ·xfra cojf So Much for So yttje Money · EXPEKSIVE DETAILS SKILLFUL TAILORING IF Wi HADN'T BOUGHT MONTHS AGO/THESE COATS WOULD BE $25 TODAY! LOOK AT THESE FEATURES I . chlnclr.sJlaj; cheeks, wool-royon gabardine* and sharkskins; · Many with hand-made buffon-hofes · Big array of rich Autumn shades · Fashion-new fitted or boxy styles Because wefcougnt early before prices soared, . we're able to bring you Ward-famed quality ert oor usual low price. Choose from a big selection of smart new styles, enjoy the warmth and beauty of long-wearing fabric* --·very coat is really- an exceptional buy I See them today! In misses' sizes I 1 SII OUR AlL-WOOt CHINCHIUA COATS IN BRIGHT SHADES, MISSES' SIZES 22.50 SEE WARDS FLATTERING RATON CREPE DRESSES JUST ARRIVED FOR YOU I 10** tetthes* lovely new rayon crepe* fr«s* you" up, for fall. .Slimming and unart, they'r* trimmed with the season's newest, prettiest detalli. Styl« for day-timo and dafe-thie; many vith sparkling sequins and bead trim*; The dress sketched is typical of Wards unart collection-ifi black and Fall shades. Pick youri nowi Sizes for junior* and mi*se* J B MOTORS (Jack Erhy) 616 N. Stone Avenue Dial 2-6469 NOTED FOR LOW COST OPERATION. SPECIAL PURCHASE 100 STREET DRESSES New Fall Styles made to eel! for as much ts 7.50. OJN'LY SHAPI-RETAINING ALL-WOOL SWEATERS O98 Jf* SLIP-ON They're Sanfbrfan labeled! Your guarantea of a ' sweater that keeps its exact shape) and size after innumerable laundering;. No blocking Is necessary; the yarn will not'maf. Anc! the sweater wears renoer; toe*! Cardigan ond ihort-sle'evisd slip-on--hi new Fafl colon. Siz«s from 34 to 40;

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