PAGE TWO m/nrnEVTTJ.E (AKK.) COUNTER 1TIJLSDAY, l^B. 8, 1W9 Reed Calls Anew For Quick Tax Cut By CIIABLKS F.^ BARRETT • WASHINGTON W)'— Hep. Reed 1 R-NV') called anew today for quick passage of his bill to cut income taxes nntl Insisted it doesn't conflict with apparent go - slow signals from President Eiscn- liotver. A leading Democrat, however, cMdeo. Republicans as being "In considerable disagreement." Rep. Cooper (D-Tenn) adticrt. "We nem- ocrals have to \valt and see if they ge( together find see what they come up with." Reed, chairman of the tax-writing House Ways and Means Committee, said he was "not fit nil disturbed" over Eisenhower's plea to Congress lo put budget balancing ahead of tax reductions, "There's no quarrel between us," Reed said. "I've insisted all along on balancing the budget. Hut we can pass my bill and balance the budget too." Reed predicted the House Ways and Means Committee will approve his bill at a meeting called for Pel). 16. His proposal would advance by six months, to June 30, (he presently scheduled lapse of an 11 per cent boost in individual Income tax rales. Elsenhower, In his State of the Union message to Congress yesterday, said it would not be wise to reduce federal revenues "until we can determine the extent to whlcl expenditures can be reduced." The President referred to spending cuts and budget balancing as , "Ihe first order of business" am "an essential first measure." Rep. Cooper, senior Democrat, on the ways and means committee said it certainly didn't appear to him that Elsenhower and Reed were agreed on the Issue. "There is a conflict of oplnloi among the Republicans." Cooper said. "It will be interesting lo see what develops." House Democratic Leader Ray burn of Texas said, "I fear thi President's speech will be dlsap pointing In many parts of the conn try because he does not propose to immediately start reducing faxes. ..." Rep. Richard Simpson (R-Pa), a ways and means member who JIBS been reluctant so far lo call for early lax-cuttlnfr action, Baid: "f am convinced now that the budget can be balanced and taxes can be cut Immediately—at this session of Congress. The sound policies outlined by President Elsenhower are nound to bring conomy in government." Senate OOP Leader Tnft of Ohio Ircady has said he personally avors balancing the budget before educing revenue. He endorsed the 'resident's views. Sen. Hyrd (D-Va), a finance com- nltlce member, said Elsenhower's 'forceful discussion of our budgetary problems Indicates a stead- ast purpose to balance the budget >y the elimination of waste and hen reduce taxes." Heed Indicated he had modcr- -ited his earlier predictions of louse passage of his bill this month. He said he sllll hopes for lassagc in February but he would jo along with any "reasonable" lelay. One House Democratic leader declining to be quoted by name said he noted the Republicans greeted Elsenhower's tax views, with nilencc, while Democrats I gave him some applause. 'If he had put It Just a litlle more bluntly," this man said, "that would have been the end of the honeymoon." , Congressional staff specialists estimate that advancing the Income tax cut by six months, as' in the Heed bill, would cost a billion dollars .In revenue this year. That would put federal income about 11 billion behind spending ar. estimated by ex-Prcsldcnt Trumar —meaning Congress would have t< cut the budget 11 billion to balanc Income with outgo. Smart Storewide LlmElcri Range The cnctio tree cnn.bc profitably cultivated only wllhin 20 degrees north or south of the equator, according to the Encyclopedia' Brl tnnnlca. ' TRANSFORMATION—The housing of a one-lime windmill now serves as a snack bar, sewing travelers on th« autobahn near Hanover. Germany, It is run by the YMCA. a. 'BMutual CEDAR CHEST Streamlined modern chest with plenfy of storage space, self-lifting ff (ray. Finished in American walnut, •? (rimmed with paldao wood- 4995 CM. SMART FURNITURE, Inc. "Thrifty Shoppers Buy Smart Furniture" Phone 2069 Blytheville 100 E Main OUT ON A LIMB—William Coile, pilot, nnd a companion, had to scramble 15 lect to the ground after crash-landing ihelr light plane in trcctops al Alton, Mo. Coile said he was blinded by the •••''•>n n|[crr" li n rt In > —'. '- ' ' • ' • '•• ••? trouble developed. Neither man was hurt. Hungerford Prices For FEBRUARY Save 10% to 40% During February Only! Beige Tapestry Host Chair $*)A5® Was $31.50 — Sav. $7.00 Now Ai^T Sage Green Fireside Chair $^«T50 Was $44.50 — Save $7.00 Now Green Tapestry Occ. Chair or Rocker 51 v 95 Was $17.45 — Save $3.50 Now • +J Red Plastic Contour Style Chair $ Was $79.50 — Save $20.00 Now Samson Card Table and 4 Matching Chairs Was 33.75! Save $9! Discontinued Patterns' $ 24.75 Buy One Piece or a Complete Suite on en Ov«vv Rcgnlnr chest of drawers . Chcsf on chest .......... 1 1 4.00 69.50 Low post bed— Twin or full size . 1U4.UU Dresser With hanging mirror ... Dresser \Vilh swinging mirror .. Regular night stand 112.50 Dresser 122.50 32.09 2 piece Kroehler Red Wool Frieze Bed Davenport Suite. Was $188.00 — Save $29.00 Now 2 piece Kroehler Tweed Half Sectional Sofas. Was $166.00 — Save $17.00 Now 2 piece Solid Maple Heywood-Wakefield Living Room Suite. Was $179.50 — Save $40.00 Now 2 piece Kroehler Green or Beige Wool Frieze Living Room Suite. Was $179.50 — Save $40.00 Now 2 piece Kroehler Red Wool Frieze Living Room Suite. Was $229.50 — Save $30.00. Now $15900 H39 50 $15950 $19950 High post Colonial bod . . Vanity -ME ftA With hanging mirror ... IIU«UU Vanity IOC flfl With swinging mirror ItU.UU Vanity bench ..... 19.50 Commode night stand .. . . ' Double 1AO f!fl Dresser and mirror .... IU*i»W'U 81.50 SAVE 10% to 40% ON Mahogany Tables for Living Room and Table and Floor Lamps (Floor Samples) Pineapple Heeded post bed All of the above pieces are from the famous traditional finish all solid mahogany bed room grouping. You may buy ony of the nieces from this open slock group- Do nof fail to see our special Hungerford three piece bedroom suite consisting of dresser, chest am! bed that we arc featuring for February sale. $ 209 50 C. M. SMART FURNITURE, INC. "Thrifty S/ioppers Buy Smart Furniture" Phone 2069 Blytheville 100 E. Main 3 piece Mengel Gold Coast Mahogany Bed Room Suite, double dresser, chest and bed. Was $299.50 — Save $60.00. Now 4 piece Solid Rock Maple Bed Room Suite. Dresser, Chest, Bed and Night Stand. Was $275.00 — Save $55.00. Now 4 piece Solid Mahogany Topaz Finish Bed Room Suite. Vanity, bench, bed and chest— made by Hungerford. Was $339.00 — Save $50.00 - Now 5 piece French Provincial Bed Room Suite. Off white with blue trim. Vanity, bench, bed, night stand and chsst. Was $362.00 — Save $100.00 Now 4 Piece Modern two-tone Walnut and Birch Bed Room Suite. Double Dresser, chest, night stand and bar bed. Was $299.50 — Save $70.00 $23950 $22CF $25200 *229 50 C. M. SMART FURNITURE, INC. 100 East Main Phone 2069 "Thrifty Shoppers Buy Smart Furniture"
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