The Ottawa Herald from Ottawa, Kansas on March 19, 1963 · Page 21
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The Ottawa Herald from Ottawa, Kansas · Page 21

Ottawa, Kansas
Issue Date:
Tuesday, March 19, 1963
Page 21
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Boon To Small By STERLING F. GREEN WASHINGTON (AP) ~ Small- business men would be among the most - favored beneficiaries of President Kennedy's tax program, a study indicated today. Their cuts would total about $1.2 billion if the plan wins approval. Small-business spokesmen were among the gentler critics of the tax proposals in House Ways and Means Committee hearings on the tax bill last week. But, in language exactly like that of the big- business witnesses, they: 1. Urged curtailed federal spending to offset the revenue loss; and 2. Opposed many of the tax reforms by which Kennedy hopes to cushion the loss—including even some changes which were designed expressly to help small firms. The small • business witness, however, left the net impression that they want tax reduction badly and would be pleased to take the Kennedy plan —with several reservations. Protests Atomic Test By France RABAT, Morocco (AP)—King Hassan II has accused France of holding a new nuclear test in the Sahara. He ordered his Foreign Ministry to protest to the French government. The Moroccan government said it learned an atomic device was exploded Monday in the Haggar region of the Sahara, near the Reggan testing site. There have been no reports of a nuclear blast from any detection post on either side of the Iron Curtain. Algeria threatened earlier Monday to break its economic cooperation agreements with France if President Charles de Gaulle ordered another test in the Sahara, which is part of newly independent Algeria. Rumors have been current for days that such an explosion was imminent, but the Moroccan report was the first claim that one had taken place. The French government maintained its usual refusal either to confirm or deny the report. Each of the preceding four French atomic blasts in the Sa- DRAMAT1C FASHION—This wool and nylon laminated spring coat is in bold one-inch black and white houndstooth check. All fullness is in the back; the front is flat and slim lined. Single breasted with black buttons, it has a shaped notched collar and dropped front pocket flaps. News Media Hearing Off WASHINGTON (AP) - House Judiciary subcommittee hearings on concentration of ownership of news media were postponed indefinitely today because of the illness of Chairman Emanuel Celler, D-N.Y. Cellcr's office said he is suffering from influenza at his home in New York. Laff-A-Day C King Features Syndicate, In^T%5fwori7rj g ht.s'ra.^r > &A^tJ V)OO/?CUi> "Roland, aren't we going over our budget?" hara touched off a series of protests from African nations. The Moroccan communique gave no source for its claim that France had exploded a nuclear device. Speculation has been that the next French test would be of an underground device—the hardest to detect. France retained control of the Sahara testing bases for five years under the Evian agreements which gave Algeria inde pendence last year. Atomic test ing was not mentioned, but the Algerians knew that was what the bases were used for. Prohibition Bid Is Killed "We are well aware that probably the greatest benefit flowing rom the proposed reduction in rates would accrue to the small Misiness community," said John A. Goshell, general counsel of the National Small Business Association. Although the Treasury has said that the Kennedy tax package is stuffed with special bonbons for small businesses, the department never has added up the tax savings which would accrue to the several types of firms affected- sole proprietors, partnerships and small corporations. Data from the Small Business Administration indicates, however, that these groups would save roughly $1.2 billion under the individual income and business tax changes—a surprisingly large figure, since it is equivalent to nearly half the proposed $2.6 billion reduction in corporation rates. The savings would go to these groups: —About $233 million, by Treasury estimate, to the 475,000 corporations having earnings of $25,000 a year or less. This would result from cutting the normal corporation tax rate from 30 to 22 per cent. —Another $200 million, as indicated by SBA figures, to firms classed by that agency as small businesses but having profits above $25,000. This would result from the drop in the total corporation tax rate from 52 per cent to 47 per cent. —About $800 million for unincorporated small business owners and partnerships. This is the estimated effect of the individual income tax cuts on smaller operators, excluding most professional groups and individuals engaged in farming, fishing and forestry. TOPEKA CAP) - The State Affairs Committee of the Kansas House yesterday killed a proposal to resubmit the question of prohibition to a vote in Kansas. The committee voted 11 to 6 against recommending adoption of a resolution to place a new prohibitory amendment oh the ballot. Kansas, the first state to adopt constitutional prohibition, repealed the ban on the manufacture and sale of alcholic beverages in 1948. The Herald pays $5 every week for the best news tip turned in by a reader. 10 OTTAWA HERALD Tuesday, jftfarcn 19* 1961 Asks Definite Inspection Aim GENEVA (AP) - The United States asked the Soviet Union yesterday to state clearly whether it has decided to back out of its agreement to permit on-site inspection to enforce a nulcear test ban. U.S. Ambassador Charles C. Steele told the 17-nation disarmament conference that Soviet tactics in the test ban negotiations raise doubts over what the West had assumed to be a firm Soviet commitment. Suddenly, It's Spring! BUDGE'S PAINE'S BOOTERY Bone and Tan Combo Matchme hawoag 00.00 SEIDLITZ DECORATORS LATEX PAINT • Beautiful, Glare-Free Finish • For Interior Walls and Ceilings • Easy to Apply • Fast Drying • 100% PVA Latex What can you say about "Calais"--except "Spectacular!"... 14.99 TW* product ha» no connection whatever wi* The American National Red Crow Don't Pass Up These Spring Specials Prices Good 4 Days Only Leaf and Lawn BROOMS •• 59c Regular 88c 5' Heavy Duty STEP LADDER-$3. Regular $4.98 Plastic -- Assorted Colors Laundry Baskets-68c Regular $1.19 3' Foot Wood Lawn 4 For White Fencing-99c Regular 29c Each 5 Tie House BROOMS-88c Regular $1.19 >/4 "with Jacobs Chuck Electric DRILL --$9.88 9x12 RUGS --$4.88 Plastic Finish Assorted Colors A VINYL FLOORS FREE PARKING IN REAR OF STORE - OR FREE METER MONEY FURNISHED FOR CUSTOMER PARKING BUDGE'S Hardware 117 S. Main and Floor Covering TERMS-CASH-TIME PAYMENT CH 2-2371 Suddenly, It's Spring At LITWIN Sparkling WOMEN'S SKIRTS Combed Cotton in Popular shades. Belted styles. Sizes 10 to 18. 2 Litwins MADE IN U.S.A. WOMENS SCRUBBABLE TENNIS $1.98 1 Beige, Black, Tan, Red Sizes 5-10 MEN'S WHITE CANVAS Cushioned arch, full cushioned insole. 2.98 Heavy, dlurable duck upper, crepe rubber outsole. Men 6% to 12. Also in boys' sizes, 3% to 6 Ladies *% Oft Sneakers «£*TO Sensational Savings On SUITS 29"- $ 35 IDEAL FOR GRADUATION Handsome new all wool fabrics, richly blended shades and patterns at sensational savings. Sizes 34 to 50! Regular — Shorts — Longs. Boy's SUITS $Q80 to Rayons! All Wools Sizes 8 to 20. Why Pay More? NIW MASON SHOES MIN All new styles and designs, comfortable fit* ting last with long - wearing soles and heeli. 5.98 7.98 All Leather Constructed L «. • f itwin s

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