The Courier News from Blytheville, Arkansas on June 3, 1947 · Page 9
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The Courier News from Blytheville, Arkansas · Page 9

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Blytheville, Arkansas
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Tuesday, June 3, 1947
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Page 9
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-TUESDAY, -JUNE S, 1947 BLYTHEVILLE (ARK.) COURIER NEWS PAGE NIN1 GOP Victory Seen II Tax Bill Killed Sen. Johnson Says. A Presidential Veto Would Be 'Unpopular' BY JOHN P. STEEUS' (United Press Ctoff Correspondent) WASHINGTON, June 3. (UP> — Sen. Edwin O. Johnson, D., Colo. said yesterday the Republicans will feel that the 1948 presidential race is "in the.,bag" If President Tru... man vetoes tliuir bill to cut person al income taxes. Johnson voted against the measure in the Senate but stiid % a veto would be "very unpopular with the voters and would cause the OOP to "rejoice." His statement came as the Hous< gave a final vote of approval l the conference report acljnslin Senate-Hou.sc differences in th 54.000,000.000 tax reduction incasur. The bill would reduce ]»rson-i Income taxe s by from 10.5 to 3 per cent beginning July 1. Th House originally voted to make, th cuts retroactive to Jan. 1 but 11 conferees agreed to the July 1 ef fectivc date at Senate insistence. While Mr. Truman lias not e pressed himself specifically on the present bill, he has consistently opposed any tax reduction at this time. And I lie Democrats have the votes to sustain a veto In the Senate. House Speaker Joseph W. Martin, Jr., R., Mass., and Senate GOP : 'Policy Cluef Robert A. Tafl "f Ohio said It would be a mistake for Mr. Truman to veto the bill. However, Tutt agreed with Sen.! Walter F. George, D., Ga., that a veto would doom tax legislation foi this year since Congress plans to adjourn late in July. Senate Democratic Whip Scott Lucas, 111., and Sen. Allen J. El- iender, D., La., promised a "terriific fight" to restore at least part of the 28.7 per cent house slashed In the Agriculture Department appropriation bill for the new fiscal year. Both senators are members ol the Agriculture Committee. They predicted Republican members would join them in efforts to re store some of the $3-10,409,343 cut voted by the House. 20 New Police Officers To Be Added in Memphis •MEMPHIS, Term., June 3. (UP —"Police Commissioner Joe Hoyli today announced that 20 new ol Foremen Strike at Ford Plant Boeing Gets $10,000,000 U. S. Contract Md.. . Kemicy led tlic mock bombing raid along the eastern seaboard on May 10, which revealed to Hie nation that its entire postwar striking force of superforts amounts only to about 130. Read Courier News Wunt Ads. Over 3500 Ford Motor memljers of the Formen's strike against, Ford for bargaining rlKlits and contrwel terms. The Association is an Independent one. (NBA. TEUSPHOTO) WICHITA, Kan., June 3. (UP) — A $10,000,000 contract to keep the nation's atomic bombers flyi for the next two years has been awarded Boeing Airplane Co., by the Army Air Forces, It was announced today. J. K. Sehaerfcr, vice president in charge of Boeing's Whichita division, said the contract would cover thousands of Hems of spare parts for servicing B-29 superforts throughout Die world. The n-29's, only bombers now operating that can carry the atomic bomb .comprise the United States Strategic Air Forces under command of Gen George O. Kenncy with headquarters at Andrews field, L*nf DMue* H«Tln« OoMfXaan Half UU *t«l*B«t- AM- •uul* l?Ht«d 0«BftrM» Hta »D< aflM. StntoM. •MM MrrlM A •*•?»(• •». Fkun. 1801 Panama Hats Cleaned & Reblocked Fur Remodling The Johns Shop 503 W. Main Minnie Lee Jones, Studio ANNOUNCING Summer Classes in Piano Reasonable Rates Enrol! Now I Phone 2994 .or Write Miss Jones /A 807 Chickasawba Blytheville, Ark. I Sneak Attack With A-Bombs Could Ruin U.S. Cant Sit! PIN-WORMS CAUSE FIDGETING MD THAT AWFUL ITCH Onacf thflwarninjTBlcna of Tin-Worms la ~» naKKiner rectal itch whFch often raucc* fidgeting anil broken al«-[<, nnd runy k-ai] to eyen more ecriaus distress. It is no lancer necessary to put up * tH« troublq cnuxct] by I'in-Wornta, because. science has at last found a way to lick thes« Ktubborn pcsta easily anj Bftfely. JCrtJAYNE'S r-W at the first si,:n of I'in- >Vorms. F-W ia a medically Bound treatment twued on on officially rccoiiriizwl dnur clement which has l<rovdl very clTcctive ill dealing with this ugly infection. The umall . F-W tablets net in a special way Ut destroy Pin-Worms. P-W means Pin-Worm relief I •WASHINGTON, Juno 3. (UP) — Times grows shorter for the United States in tins atomic ape. Unless, a presidential commission nicl yrutcrclay, tlic nation faces task of providing; sidonrmlo licenses tlic nwft.ll possibilities of an tomic sneuk attack on lite U. S ould dccirtc its Into in less than 0 clnys. Durinc tlmt time. Hie com mis- ton saiil. the nation could be trickcn by catastrophe that wotile nil Us life as n Great power, kil mlllons of our citizens nnrt pro luce virtual clinoa. The United Stiitfis can't use linn as n weapon any longer, the rcpor rom the President's commisslrn on universal trnlninc salil. •And what would happen froi i atomic attack? II is possible, the coinmlsslo said, that the first, day of the a' lack would cripple or tier troy dozen of our largest cities. Tlio? cities engaged in manufacture atomic explosives also might destroyed, A high army officer said in th rpcort that \ve would have chan communications disrupted, millions of persons sicK, wounded and ctytntf, civil disorder and sabotage. The initial attack wonl he followed by airborne troops of Xhc enemy. Tjon£-r;U'[;e .submarines mtglil pop up off mil' shores and fire guicleil missiles. Greeks Hear Reports That Leftists Mobilize ATHENS. June 2. (UP)—Greek mliorltlcs \vcro understood today ohnve received reports Hint the Irsl elements of an International irigndc formed in France nntl Italy o aid Hie leftist, campaigns In ii-cccc had arrived nt Die Yugo- Inv port of Split. lie Communist party newspaper ilzospastls more tlian a mouth ago luted a report. Irom Paris than i International brigade had Ijeen ornictl, and the story had teen relented several times. Now the Greek general staff mid government ministries were reported to have received word thstl tlic brigade had been formed. The reports said It was designed along lues of that which fought in the Spanish civil war. , New Honor for Austin NEW YOIiK, June 3. (UP)—The National Father's Day Comtnuiee named Warren R. Austin, American delegate to the United Nations and former U. S. senator from Vermont, as father of the ye:ir tooay. He has two children. Read Courier News Want Ads Fowlston School of Music Is Offering Special Summer Classes PIANO - ORGAN — VOICE Mrs. Dalton C. Fowlston, B. A., S. M. M. Term starts June 2nd through August 31, 1947. A spocinl price for the 111 roc months levin in piano is being offered. For information, call or write— 809 Chickasawba Phone 2949 Rend Courier News Wt.nt Ada ficcr s will he ntklcd to the Memphis police department within the next month. (Boyle snid the pension botml will begin immediate consideration lo vet.ring on pension police officers plsysieinlly unfit for duty. Give Your Car A 'Hew' Apearance All of Your Life Insurance Needs General American Life Ins. Co. E. H. FORD, District Manager Lynch lihlir.- Husincss Phono 2S11 Ucs. 3!t DK. MII/1'ON E. WFJiB Optometrist IM:\!n villp, Ark. ^^ GATEWOOD GROCERY Phone 975 Ark.-Mo. State Line on the left at the Arch THIS WEEK'S SPECIAL A Complete Paint Job on Any Make or Model Passenger Car Bring Your Car in Today LEE MOTOR SALES, Inc. 305 E. Main CMC TRUCKS Phone 519 OI.BSMOHILK K ft. VI. 5lh 7 Crown 1.35 2.65 4.15 Culvert 1.35 2.65 4.15 Schenley 1.35 2.65 4.15 Crccim of Kentucky 1.35 2.65 4.15 Three Feathers 1.35 2.65 4.15 Hill & Hill 1.40 2.75 4.40 Old Taylor 4.35 6.90 Four Roses 2.85 4.50 5% Beer per Case $3.35 GAS, reg 17.9c; Ethyl 19.9c Cigarettes per carton $1.55 ••» •\XXXXXXXXXXXXXXXX XXXXXXXXXI*IXXX!*1XXXX!*XXX[*!XXXXXXXT*?- "For Work Done Right" CALL 474-475 * Cold Storage tor Furs and Woolens. • NU-WA LAUNDRY-CLEANERS KEROSENE & FUEL CALL 2089 OIL "The Old Reliable" G. O. POETZ tumr BMne »f IHrpcndsMc Herrtoc PETROLEUM PRODUCTS Offlc« RR at Cherry Cuapette ^ J SODA AN OLD ESTABLISHED INSTITUTION TAKES A NEW NAME ... T H E O L D R E L I A B L E ATLANTA . . . for more than half a century known as INDUSTRIAL LIFE AND HEALTH INSURANCE COMPANY OF ATLANTA, GEORGIA O VER the years, the InduBtrial Life and Health Insurance Company has grown in size and usefulness, serving the needs of millions of people. It is continually growing in service, furiii^| ing security through life insurance of every type — Ordinary as well as Industrial, thus meeting the insurance requirements of all— from the weekly wage earner to the toprrunking executive. The company has long felt the need of a name less restrictive in meaning, since Industrial is only one of several types of life insurance. As the company proceeds with its growth it will remain steadfastly true to the principles which have guided it under the same charier since 1891 — making still greater contributions to the strength and security of the South which gave it birth more thatf half a century ago. A Message front the President: The Company has on hand above all liabilities (including reserve liability) $9,346,319.39 for the additional protection of policyholders. For each $1.00 of liability there is S1.59 in assets of proven quality. The Company during 1946 increased the number of policies in force by 307,078 and the amount of insurance by 394,328,405.00— its assets by 85,526,459.38. The Company during 1946 paid to policyholders and beneficiaries of deceased policyholders $5,870,877.80, and gave employment directly to more than 3,000 IN PRESENTING its 55lli annual Tinancial statement, LIKE INSURANCK COMPANY OF GEORGIA invites your attention to the following interesting facts: The Company had in force at December 31, 1946, S'H8,Q66,26l.OO of insurance. The Company's lolal admitted assets now exceed 325,000,000 and are diversified as shown below which graphically illustrates the important part the Life Insurance Company of Georgia is playing daily in the maintenance, improvement, and progress of your community, its railroads, schools, highways, public utilities and homes. No investment of the Company is in default as to principal or interest. Condensed Financial Statement aa of December 31, 1946 ADMITTED ASSETS U. S. Government Securities » 7,620,933.94 Stale, County and Municip«l Bonds 5,588,654.59 B«ilro«d, Utility *nd Industrial Bonds 5,&J2,151.18 Slocks .,.....- • -- 1,516,723.00 Mortgages (First Liens) .-.;-! 2^78,816.47 Real Estate (Home Office) . 34-1,592.24 Cash (in Banks) '• • • • 1,650,239.01 Interest Due and Accrued • • • 110,888.51 Premiums in Course o! Collccliou (ncl) .... 286,411.90 Miscellaneous Assets 3,925.00 LIABILITIES and SURPLUS Policy Reserves $13,493,996.00 Reserve for Sickness and Accident Claims • . Death Claims' Due and Unpaid Claims Reported but Pending Proof Reserve for Unrepoiled Claims Premiums and Interest Paid in Advance * . • Estimated Amount Due or Accrued for Taxes Reserve for Payment to Inactive Employees • Agents' Bond Reserve and Inieresl Miscellaneous Liabilities Total Liabilities except Capital , , 228,627.05 NONE 66,499.85 100,000.00 661,265.66 123,302.55 376,803.00 430,579.90 142.962.47 .$15,927,036.48 Total Admitted Assets . t2S.273.355.B7 Volnnnry Contingency Reserves, Surplus Funds and Capital for further Protection of Policyholders: General Contingency Reserve r . . .$ 1,200,000.00 Morbidity Fluctuation Reserve. .... . . . 500,000.00 Unassigned Surplus Funds 3,646,319.39 Capital Stock . , . 4.000,000.00 • t 9.346,3l||g Total Liabilities and Capital . . . .$25,273,355.87 LIFE INSURANCE COMPANY of GEORGIA SliH the Old Reliable, with the same friendly agency force and management

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