The Courier News from Blytheville, Arkansas on September 30, 1949 · Page 7
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The Courier News from Blytheville, Arkansas · Page 7

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Blytheville, Arkansas
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Friday, September 30, 1949
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Page 7
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FRIDAY, SEPTEMBER 80, 1949 BLYTHEYILLB (ARK.) COURIER NEWS THE NATION TODAY— Under Ford's Pension Program Workers Bear Small Share of Contributions to Set Up Fund By James Mario* •. : WASHINGTON, Sept. 30. W/—Should a company have to bear the full cost of the pension it gives its workers without any contribution from them? ' Yes, say the OIO Auto Workers and Steelworkcrs. The Ford Motor Company and the auto workers yesterday agreed pn a pension plan and avoided a strike. *. ; : But the big steel companies are sticking to their position 'that the workers should contribute to part of the pension a company gives. Because of that disagreement the threat of a steel strike Is at hand. Yet, under the Ford plan the ivorkers actually would be contributing toward part ol the total pension they'd receive. This is why: ^Jhe Ford company agrees to see ( '<|f it that a worker who retires at- 65 after 30 years' service will receive a pension of $100 a month. But—Ford Isn't going to give him the whole $100. Ford agrees to give him .the difference between J100 »nd whatever social security pension that retired worker gets. Workers Do Contribute (That social security pension from the government 1 * social security program.) For example: Ford-worker'Jones will retire, prom social security he'll get a pension of $25 a month. Ford will add $75 to that to bring hlj -total pension to $100. or— Smllh is retiring with a social security pension of $40 a month— tli« most any retiring worker can Set from social security now Is 144.80—«nd Ford will give him $60 io bring his total pension to $100. BuU-the worker has had to con- trlbut» toward that part of the pension which he receives from the government. The Ford company has had In contribute to It, too. A worker In a Job covered by the social security pension program Is Uxed yearly one per cent of his salary up to $3,000 and his boss is taxed an equal amount. Many Fentlo nFnnds Operating Steelmakers and auto workers are In Jobs covered by the social sec- urlty law. certain kinds of workers, like farmers and self-employed, are not covered, are not taxed, and »o t£et no pension. TK 71 " r ° rtl company will be making two contributions to the employe's one. , The worker has paid only into the social security program. But the company not only has paid into the worker's social security pension but alone pays Into the company's .part of his pension. There are now In this country- according- to the government's Internal Revenue Bureau—about 10,000 pension systems, with perhaps 33 per cent of them - being contributed to by employes, and the rest paid In full by the companies •- Those 10,000 systems don't Include the casual pension arrangements under which a company with regular plan gives a pension to _ retired employe on Its own accord without any guarantees. Ford Pension Proposal May Set Pattern for Millions of Americans DETROIT, Sept. 30. (1?)— Millions ef American workers may eventually be affected by the pattern-setting pentlon plan set up yesterday -a -ord Motor Co. Here Is the plan In Workera may retire at 68; they must retire at 68. 2. If they have 30 years Ford service, they can depend on $100 monthly. Part of it will come from federal social security payments. Ford will make up the balance. , 3. Those retiring with less than 80 years service will get less than $100 on a slldlng-downward scale. Twenty-five years would. entitle » ma.n to 25|30 of $100. *. The company will foot all the bill:. > 5, A Joint board of union and company representatives will serve as administrators for the plan. 8. Permanently disabled workers Flood Control Bill for State Up for Action WASHINGTON. Sept. 30. W>>—A multi-million dollar navigation and flood control program for Arkansas was up for action in the Senate Public Works Committee today. Committee members yesterday approved a $36,950,000 waterways project for the Ouachlta River in Arkansas and Louisiana. The measure already has won House approval and will have to be >keyed In the Senate and Bent to :he President for his signature before work on the program can get underway. • . ' The Ounchlta River project would provide construction of a nine-foot navigation channel upstream as far as Camden. Ark. Cost Is estimated at $13.900.000. Flood control expenditures Include: A multiple purpose reservoir on the Caddo River; channel Improvements on Bayov Bartholomew; Improvements on the tributary Pine BluH Tutret Canal, and Intercept- Ing canal from Harding Drain to Bayou Bar-.v-.olomew and improvements of Deep Bayou and Overflow Creek, Committee members yesterday made a change in the $22,500,000 flood control program though they recommended that construction of a new flood control dam on the Muddy Fork of the Little Missouri River be delayed to see If the Narrows Dam, nearlng completion on the Little Missouri, will provide adequate flood control measures for the area. Proposed enlargement ol existing locks on the Ouachita was defeated until additional traffic Is developed on the river. Army Engineers have estimated the river will carry about 1,248000 tons of freight annually. Parade to Feature National Contest For Cotton Pickers Blythevllle' Rotarlans, In their weekly meeting yesterday, beard plani for the loth Annual Cotton Picking Contest from Contest Chairman Jack Rwallngs. Mr. Rawling! told the Rotarlaris of plans for the parade, which will be held on Oct. 8, and said there, »'ill be more than half-dozen high school bands on hand for the event. He pointed out that two street dances, one for Negroes, will be held Ihe night before the contest and Inat the annual Cotton Ball will be staged as usual. Mr. Rawllngs was Introduced by Rotarlan Bill Wyatt, of notary's Community 8ervlc« Committee. Mr. Wyatt traced the develop, ment of the Cotton Picking Contest nd told of growth of the event Dr. James c. Guard showed color moving pictures which he made luring last year's contest. Quests at the meeting Include Urn Berry, the Rev. Lester Strxb- iar, The Rev. Roy I, Bagley, R. C Bryan of Osceola, and Robert K Johnston. PAGE ' SEVEN Coofer Weather Moves Into East Central U.S. CHICAGO, Sept. SO. m—Cool weather moved from the midwest eastward Int the northeastern and central scctons of the country today. But -temperatures were expected to move to normal- marks over most of the midwest during the day The mercury was below freezing In parts of Wisconsin and In the 30'« in the Upper Great Lakes region Readings generally were in the 40'a In the Ohio River Valley. Rain fell over most of the Ne' England states and there were showers In the northern Appla- chlnnj, Florida and the Rock' Mountain statej. Miami, FI>., reported 1.35 Inches of rain In six hours last night. Two More Polio Cases Diagnosed at Hospital MEMPHIS, Sept, 30. (AP)^TVo more cases of polio were diagnose* at Isolation Hospital here today Forty-five patients are now receiving treatment for the disease 'at the hospital. . The new cases are Stanley Carson 9, of Kenton, Tenn., arid Sandra Jackson, ]] months, of Marked Tree Ark. ••.•'.• 55 years or older will get a rial monthly retirement benefit of $so T. Employes with 30 years service may retire anytime alter W with reduced benefits. Economize with the fuel-saTing Perfection Home Heater. Its ex- clujive "Midget" Pilot burns over 40 HOURS on a gallon of oil. That's real fuel economy. And with • thermostat, you sare even more and get FULLY AUTOMATIC HEAT-no work, no worry, no waste of fuel. See this beauty in modern home heating - PERJFECTION.I Sea Your Perfection Dealers HUBBARD & SON FURNITURE HUBBARD HDWE. CO. BE WARM • SAVE FUEL WITH A PERFECTION Chairman of FDIC Sees > Chance for Either Recession or Depression KANSAS CITY, Sept. 30. (AP) — There is no chance for either a re :«slon or a depression, Maple T Harl, chairman of the Federal De posit Insurance Corporation sail :oday. The reason, he said. Is because American banks are In sound con dllion and deposits are rising dally . "A fine backlog Is being built In savings and the bankers are In position to meet any demand for credii. or from their depositors." he said In an Interview. Harl was here to attend the testimonial dinner for William M. Boyle Jr. CARUTHERSVILLE NEWS 1 By Joan Douglass Lucille. White Sander* Wed Mr. and Mrs. Lutlifr White ol this ity announce the nwrrlage of theii" laughter, Miss Lucille White Sailers ,lo Joseph Her( City, N. J., son of rt of Atlantic s. Mary Doyce >f Philadelphia. Pa. I The marriage was solemnized September 23 In Atlniitlc City. The bride wore a Plue suit with )lack assessorles. He) oorsnge was of white gardenias. I Hri Herbert was graduated from Caruthersvllle High Sihool. The couple will male their home n Atlantic City, where. Mr. Herbert Is associated with the Traymore Hotel. " | Homrpukers .fret The Caruthersvllte Homemaker's club met Tuesday at pe home of Mrs. J. p. Peterson, with 16 members present. • [ The meeting was opened by singing the "Song for Peace^ which was followed by Ihe club repeating, In unison, the club collect. The roll call was answered by each member giving a first aid hint. | A routine business raceting was conducted and Mrs. Zula Folks gave a report on the county council meeting. A nominating committee for the election of new officers was appoint- ed'by the president, Mrsj'C. A. Robertson. Mrs. Grlsham u chairman of the committee and numbers are Mrs. Folks and Mrs, George Dycus. The program on "Safety First" was given by Mrs. Folk*. Refreshments of pie and coffee i'Cre served by the hostess. I Honor Society ftlcfts The first meeting of tie fall season of the local chapter of Honor Society was held Wednesday with 13 members and the sponsor, Miss Walk, present. j The purpose of the organization la to promote the four cardinal principles of the Society Jwhich are: scholarship, service, leadership and character. A routine business meeting wn; conducted and new officers were elected. They are president, Betty Jo Patterson; vice-president, Joan Douglass; secretary, Jacqueline Cok- cr, and club reporter, Mary Ellen Kindred. The treasurer, Miss Al- Icnder, a member of the faculty, was re-elected. The next meeting will be In October. Key Club Has Meeting Tho Caruthersvlllo chapter of the Key Club met Monday evening, In the basement of the Baptist Cluirch. There were H members present Tho meeting was called to order by the president, James Churchill, and the standing committees were read. The program on the "Purpose of Key Club" wns read and explained by Dick Powell,' the secretary. A routine business session held. Charles Stephens and Charles Bostle were selected to visit Kl- wanls Tuesday night. Celebrates Birlhdny Phylis Mario McClanshan celebrated her thirteenth birthday with party at her home Saturday. Nineteen guests atlended. She received many gilts from friends and relatives. Games were enjoyed mid prizes were won by Oharline King, Ann Wilson and Dorothy Knott. Birthday cake and ice cream were served. Tripoli Cluh Meets Tlio Tripoli Club met Wednesday at the home of Mrs. George Michie, with ten members present. Mrs. Tony Ferris won high score. The next meeting will he at the home of Mrs. Ferris. Locals Mrs. Norniann Powell of Kennett, Mo., has been visiting her sister, Mrs. J. H. VnnAusdoll, Jr., this week. Mr. and Mrs. Eugene Hedge of Poplar Bluff, Mo., visited with Mr. and Mrs. Lester Wyatt several days Mississippi River Span At Helena Suggested I LITTLE ROCK, Sept. 30. (/T) _ Arkansas Highway Commission Chairman J, B. Lambert yesterday suggested a new Jerry across the Mississippi nivcr at Helena. "We've got to do something about traffic through that area," he said. He added lhat a new ferry to replace the one now in operation woiild Increase the traffic flow considerably and provide a temporary solution." Construction of a Mississippi nli>- er bridge near Helena Is now under consideration, Lambert said tli* 150 miles from Memphis to Circcn- vine. Miss., is Ihc longest .section of the river without a bridge. I his week. Mr. and Mrs. Robert Myers anil daughters., Ruby and Dclscy, and John Williams drove to Nashville Tenn,, lo shop and attend the Grand Olc Opry". Miss Jcrrc Lynne Smith of Port- ngevllle spent Sunday visiting her cousin. Miss Joan Douglass. Carl Leiiionds drove to Memphis, Tcnn.. Friday to lake his sister, Mrs. Gbdys Simpson, lo Ihc hospital. Mr. and Mrs. Dean Vick and children, Sonjn and Jolin, Mrs. Jnmts Dixon and Mrs. John West brook visited Mrs. Lu=k of Osceola, Ark. and Richard, Westbrook of Wilson Ark.. Sunday. Dr. and Mrs. D. D. Pinion spent Monday In Gideon, Mo. Mr. and Mrs. Ben Worshnm drove to Cape Girardean, Mo., Wednesday to visit their son, who is a patient at Cape Hospital. Mr. f.ncl Mrs. Barney Blackard, Mr. and Mrs. Clrognn, and Mrs J H. VanAnsilall. Jr., drove to Kennett, Mo., to shop. J. F. Douglnss was In Osceola, Ark., Tuesday on business. Mrs. Pat, Loblln of Memphis, parents, Mr.- and Mrs. R. O. Dent. Tcnn., spent, several dnys with her Mrs. Vancleavc had as her guests this week Mrs. Lucle Le Duke of Blloxl, Miss., and Mrs. Newton of Memphis, Tenn, eneral Electric'Corp. President Has Close Call NEWARK, N.J.. Sept. 30. &P) — A twin-engine private plane from which Charle;: B. Wilson, president of General Elcctrlct Corp., alighted short time before, crashed In a lonely swntnp south ol Newark airport yesterday. The pilot and two passengers were Injured In the scdeierit. Wilson had left the plane at Rye, N.Y. Police said pilot, 'Andrew Boya- Jian, 40, of Plalnlleld. N.J., tojd them ho hit high tension power lines as he war circling to land at Newark Airport.' The H-seai, Lockheed Lodestar transport-typo plane wa» wrecked. 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