The Courier News from Blytheville, Arkansas on October 14, 1949 · Page 5
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The Courier News from Blytheville, Arkansas · Page 5

Blytheville, Arkansas
Issue Date:
Friday, October 14, 1949
Page 5
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FRIDAY, OCTOBER 14, 1949 NATION TODAY— BLYTHEVIM.E (ARK.) COURIEU NEWS , Henry J. Kaiser's Credit Record With RFC is Good Even Though Sums Borrowed Top $786,000, ap- lent the loan low- By. Charles Molony WASHINGTON, Oct. H. «>-T)ie government has a stake o! proximately $186,500,000 in Henry J. Kaiser's industrial empire. The government's credit allowances reached that peak-equiv to $1.25 for every man, woman and child In the population— when 47-year-old builder-salesman's auto enterprise got * $34,400,000 last week to back Us 1950 production plans .which include a new 1'rice car. + _ ____ these achievements In these words: 'Great war production, great savings in time and dollars, comparatively small government financing. small profits, no favoritism." Shasta Entirely privately financed In *|ise days, the onetime dry goods ^sne cash-boy didn't owe the government a dime. Neither did he nave the money-making assets that nis present debt to the government represents. Borrows Large Sums During the war, when Kaiser's government contracts soared into the billions, he borrowed $152,780,000 from the Reconstruction Finance Corporation (RPCI—maker of the new auto loan—to build, expand and operate plants. Payments on principal along with millions in interest at four per cent have reduced the balance due on those wartime borrowines to $56.000.000. all owed on the bl™ Fontana steel mill outside ias Angeles. Kaiser completely nald off—ahead 01 time, too—£28,47n 001) borrowed to build the permante Corp. magnesium plant out west and 51.000.- Qnd for aircraft production at a Brisk!, r-,, pisnt. Meanwhile, he has run up new- credits in the postwar purchase of wartime built plants from the War Assets Administration (WAAL WAA records sbow Kaiser still owes S56.non.noo after pavmenl of M.TJ3.000 principal and more millions In four oer cent interest on these acnntsitlons. Up to TVilc (in Payments That doesn't lake Into account some Kaiser enterprise leases of 'plants (a sn.428.000-cosfi steel mill at .Cleveland) and machinery and « uinment rmnstlv at Ihe former "iber nlant at Willow Run.} The WAA says about sOO.non Is due in rent on the leased property, but It's just current rent with no arrears, It doesn't take'into account either some unsettled-accounts between Kaiser and the Maritime Commission arisine from advances of money, equipment and materials on both sides in kaiser's wartime shipbuilding. Maritime Commission men say there's no telline Just how these accounts will wind up when all the details are settled, since they Involve some .claims by Kaiser on the commissiprp'as well as- commission claims by Kaiser on the cmmisslon as -v.ell as commission claims'-on Kaiser.' They EUCSS less than $1,000.000 Is -Involved, either way. , Roosevelt and Truman administra- ' tions have charged there has been favoritism In the aid given Kaiser. Kaiser'has on occasion claimed discrimination against Mm. He said, for Instance, that RFC let U.. S. Steel buy ai steel plant at. Geneva, Utah, • for 20 per cent - of Its wartime, construction cost ' while holding him to 100 cents on ' ( the dollar of wartime cost In Its ; loan on his Fontana steel plant. Ijl'. Lives Up to Contracts I^Sovernment agencies which have : given him credit simply says he's .lived up to the letter~of his promises to pay and has proved himself an A-l risk. They deny any partiality. Kaiser's most famed wartime enterprise was building some 1.500 ships, like cargo-troop transports, "baby" aircraft carriers, etc. Kaiser himself once figured' his shipbuilding contracts, after adjustment, came to $2,094,283,738. yield ing him a profit of S16S.500.049 or • 5-6 per cent before (axes and $94,515,098 or 3.2 per cent after taxes. Taking into consideration his other war production—steel, magnesium, Inclnriiary material, aircraft snd parts, and cement for Pacific operations—he claimed he saved the BONDED RADIO REPAIR For the first time in Blytheville, we offer you BONDED RADIO REPAIR SERVICE. Every job bonded by an indemnity rom- p;iny which stands behind our guarantees. WHY TAKE LESS THAiN THE BEST? Piano Tuning AND'REPAIR We use the famous STRO- BOCON'N in our tuning service. WHY TAKE LESS THAN THE BEST? PIANOS NEW AND USED MUSIC INSTRUMENTS- SHEET MUSIC- RECORDS EveryIhing in Music BROOKS MUSIC STORE 107 E. Main T«l. 811 Jurors Called ^or Osceola Court Session Grand and petit Jurats (o serve during the Ociober term of Circuit Court in Ihe Osceola District of Mississippi County this week arc being notified by deputies in the sheriff's office in Osceoia to report to Judee Zal B. Harrison Monday. The list ol grand Jurors included the following names: C. E. Dean. Steve Cockerham, Boyd Willie, Joe Martin. B S Ashmore. Herbert Bryant, Floyd Reece. Vernon Aslon and K. V. Sanders, all of Osceola; G. G. Caudill. Jr.. Manila: S. G. Lockhart. Jr., and J. H. Felts, both of Joiner; Woodrow Fordeecy and Russell Brown, both of Luxora: Ray D. Johnston of Dyess, and Wilbur Wildy of Etowah. Alternate gi-nnd jurors—Palmer Stanton. L. K. Hanvag. Hal ry Hall and T. A. Steed, all of Osceola; J. n. Gainings of Luxora; c. M, Dial of Keiscr; p. S. Slanfield of Wilson; C. W. Hoover of Victoria; and Julian Collamp of Frenchman's Bayou. Petit Jurors—E. J. Hickcrson. B. H. Jones, William S: Elias, Kelly Gardner, Harry Matlock, Clay May. Haggard Crews. Charles Woodruff and Paul Fall-ley, all of Osceola; C. S. Standlfer of Marie; • D. C Dobbins and B. T. McArlhur. both of Dye=s; E. H. Bogan, C. B. Wood. Jr., A. B. Rozell, Champ Meadows, T. M. Markham and T. A. Cockrell, all of Luxora; Wayne Bus?ey, A. E. Clark, and N. J. Graves, all of Wilson; Max E. Sulcer of Keiser; Frank Dean, Tyrpnza, Route 1 - and A. S. Cathcings, Jr.. of Bassett. ; Alternate petit jurors—Joe Apple- iiau'm, Ray'Morgan, Don Perry, Vfl B. Colbert; Leo Schriek, Jr., and Rex Crane, all of Osceola; Oliver Clrk of Frenchman's Bayou; A. c. Spellings of West Ridge; H. S. Jackson and J. R: Forrester, both of Ty- roiixa, Route 1; J. R. Bo'wen and J. M. Majors, both of Luxora. The jurors Were selected by W. O. Frazier, _Fred Smith'and D. O. Anderson, jury commissioners appointed by the court. •'-'•' Traffic Cops for Nation's Airplanes To Make Word Study to Better Control Hospital Board Delayed LITTLE ROCK, Oct. 14. (.'!>)—The State Hospital Board will meet Oct. 29 at the Baiicum unit, Secretary Ross McDonald said today. The meeting was postponed from Oct. 21 because of absence from the state of Dr. H. King Wade, Hot Springs, chairman. Portholes In ships were originally the openings through which cannon were fired. Ca- of the Caruthersville football Bader, Louise 'Ward, Miss Havdcn Anna r-rm-X r-niinr *,,,* Betty Elkins. Karen Darr (tpreground) was crown bearer. . ae ( f , ove aie (from the IclU Jan By Arthur Kdson WASHINGTON, Oct. 14. (a->— The traffic cops for this nation's airplanes arc going to learn all about bad words. Not the bad words tha* arc bad because they are naughty—they're going to hear about the words-that are bad becau: -> they arc hard to hear clearly. . The Jvil Aeronautics Administration (CAA1, In announcing this, said the need for such a study is obvious. Millions of words are radioed each day from CAA airport traffic control towers to pilots flying throughout this country and over the oceans. It's extremely important, the CAA said, that these words be easily understood. So the CAA has decided to go a- wording. First, it's going to pick out the 1.000 words used most by the control towers'. Then the CAA's psychology branch, headed by Malcolm Mc- Cormlck, will try to find which or these are the hardest to understand. If they're downright awful, substitutes will be found. During the war, the CAA pointed out. similar studies w - made on words, particularly those which were possible code words. I..thought maybe you'd like to know what words are easy to understand and what aren't, so I checked on some of thr wartime tests. x These show that "Greyhound" Is easy to understand but not "setter." "Porcupine" is fine, "sheep" isn't. "Whippoorwill" but not "goose." "Woodpecker" but not thrush." "Mandolin" but not "tenor." Scorn the dandelio-i if you will, but it's a better word that "lotus." The office wolf raised a howl, but according; to the word-study, there's no questioning this: • "Cornell" is good; "Vassar" is bad. James Polk was the shortest-lived of all American presidents. He died at 53. Sunday and Monday uncles UNDER /-i ER CAPRICORN rRANSATMNflC HCIUBE ALFREHITCHCOCK LLWard Hunt in Canada Before Rota nans Menilwis of the Blytheville Ra- taiy Club yesterday heard L. L. Ward, .Jr lell of a hnntiiW irin HP i -, L^ii ui a ikuniiu^ tup ne ™'nJmrr". "? ^"^ '^ ' Ml ook whi^ S 7 T"' 18 ' Ct " rCS " C took while on Ihe trip. The plcturc.5 showed animals In- eluding moose, bear and deer, in then 1 native habitats. t . Guests at the meeting , included John H. O'Donnell, Memphis; Alan Berry, Junior. .Holarinn;. H. D. Siveetin, St. Louis, and Barney Cockerel]. ' : ;-;.Claude Bush ; was-taken into the club as a new member. • Truman Signs Planning • Bill for Public Works WASHINGTON, Oct. M. f/I'j — President Truman, signed into law yrsfi-rdnv a hill authorizing S100,- 000,000 in federal loans to states for advance planning of public works. The idea behind the new law is to prepare for any downturn in business by haviim public projects ready to take up any slump in employment. - 3f Congress later provides the money, loans will go to states 15 per cent oh the basis of their population and 25 per cent on the basis of needs. GO WEST, YOUNG MAN PHILADELPHIA (AD—Pol- more than six years a mailman in a Philadelphia brnch ppstofflce tried to get a transfer to Los Angeles. Then Maurice :Balfor took an extra long vacation and he and his wife made their first trip to the West Coast, to visit his wile's family.' Two .days after their return Balfor was advised his transfer had come through. ' Defunct Railroad Faces Arkansas Back Tax Suit LITTLE ROCK, Oct. 14— Wl— The defunct. Missouri and Arkansas railroad is to be used for $43,630.25 in back taxes. : : . The Arkansas Tax Commission has directed Attorney General ike Mtirry to brills suit ngninsl Hie railroad for 1QI7 and 19-18 taxes Commission chairman C. P. New- .ton said the stilt was ordered following the M. and A.'s "attempt to convey Its property nml nsscts to other parties." These include way Co, the Arkansas and Ora'rks Hallway Corp., and Stanley Jolfc, trustee. The M. and A. has filed with the secretary of state'.n resolution of, dissolution loiminatun; its corporate existence. Joiner Firemen Sponsor Benefit for Department JOINER, Oct. 14—The newly organized Joiner Fire Department will sponsor an entertainment program at the Shawnec JJigh School gym tomorrow featuring Die music of smiling Eddie 11111 and his hill billy orchestra. ' ' '; The program is being sponsored by the Joiner Fire. Department to nusc funds for Hie purchase of additional lire fighting, equipment for the town. Hill, a Memphis radio star, has one of the most popular hillbilly bands In the Mid-South. He will bring along his entire cast of 'performers for the siiow including The Lovin 1 Brothers, Paul Buikirk, 'Sal Skinner, The Omega Boys, Tony Cianciola, the Lonesome Valley trio, Lighluin' Chance and others. The two-hour program is scheduled to start at 8 o'clock. "Ambassador" Selected McGEHEE.: Ark.. Oct. H. (if, _ Governor McMath hns appointed James C. Morris. McGehce poet and composer, the "ambassador from Arkansas" to the "Vnnibilcc,' annual sweet potato festival, in Opelousas, La.. Oct. 19-yo. Fri.-Sat. - Two Big Hits - Open 6:30 ~™ -- -""• ...... JoelMcCREA VeronicaLAKE Big Co-Hit- Maria Montez in South c? WWW DONIEVY • BROD CRAWFORD 3 Also Color Cartoon BIG Sun.-Mon.-Tues.—First Showing DAYS Bfytheville; Ray Milland in 'IT HAPPENS EVERY SPRING' Fri. - Sal. Two Big Hits Also SERIAL • CARTOON Rox Office Opens Gt.'JO Show Starts 6:15 BLYTHEVILLE'S ONLY .ALL WHITE THEATRE PAGE Osceola Deputy Is Not Connected With Liquor Firm The name of Dave Young, deputy sheriff of Cviceola, was used erroneously in Tuesday's edition of the Cornier News In a news item dealing with the ownership of the Sun Export Company of Lake Village, n liciiior exporting firm. I Mr. Young yesterday said that he Is not connected In any way with I the firm and Is opposed to the use | of liquor in any form. He has been I a law eniorccmcnt officer for 28 years. Steps nave Cecil taken In Little Rock by Revemia. Commissioner Dean Morlcy to revoke the licenses of the four exporting firms licensed by the slate under a 1943 act of the General Assembly. Slayer of Nurse To Be Executed Oh November 4th . LITTLE ROCK, Oct. 14. (fl'i— Governor Mc.Math has turned down a clemency appeal for Thomas E. nhick. sentenced to die for the fatal beating of n nurse. MeMath yesterday set Nov. 4 as «<Tution date lor Ihe M-yeur-old little Rock garage mechanic. The governor said he had given considerable thought, to the case but added that he could find no ex- trnualing circumstances warranting . tciiu'ncy. Considerable pressure had U'l'n exerted to save Black. The fatal attack on Hetty Jane iMcCall. Fort ttoots Veteran'Hospi- tal nurse, here Sept. 23, 1948, was not Black's first offense against women, the governor said in a prepaid statement. "If we let him loose...he's liable to do the same thing again," Me- Math said. ' ' Miss McCall was slain on her lirst date with lilack. They visited a night did) and then piirkcct on a lonely road. Black showed up at police headquarters the next day with the body of the nurse still In the car. Truman's Actions -Lead Some To Believe He Will Seek One More Term in Off ice in 1952 TV in Wholesale Lots NEW VOUK (AP)—Normally not .so ninny telcvi.ston cameras arc used Ilia as many as ten are employed on liiillk'iilar octtiions. One Instance w.ns.lhc telecast of the openliiB ol a new television factory in East Pal- er.son. N.J. 1'cn cameras were rc- fiuiicd elfcetivcly to cover an event, v-liicli took place over qullc, a wide area .Inside the building and out. With,the Courts Chiincery : , Maude Tollvcr vs. T. I Scay and Sheriff William Horrymdn, suit to prevent Mile of motor vehicles n.s breach oT conti'act. Berth IT Howe vs. Joe Howe, suit for divorce. ... Doris Janet vs. Lee Janet, Jr., suit for divorce, t-'niiinnin Picas Bus Chllwood vs. Bradfoi'd Chitwood, suit of replevin to regain pcs- M-ssion uf 1948 Ford Convertible, and S1CO damages. CiiL-nif lion XlcCourtncy vs. Tone ~AIns- worth, suit to collect $1,004.00 on account. ! Child's Colds To relieve miseries without dosing, rub on French's Grocery IS THE LATEST looi for Ibeir truiks OH the streets There's a ren.son! "Jok- Rrjlcd" trucks fa the jab. They reduce operating coats '. . . longer . . . and aro more dependable. BJytheville Motor Co. "Sou(h's Finest Service" Broadway & Chickasawha see us for ibe facts By Jack Hell WASHINGTON, Oct. __ President Truman is working on his relations with those Democrats who group themselves as "liberals" "1 a way that Indicates to some politicians he Is thinking of running again In 1052. For one thin?, there was his last (Hlch-lf futile-fight to save Le- lanri Olds his Job on the Federal Power Commission, Mr. Truman said yesterday thai the ovenvlielm- IIIK Senate rejection of olds was a bad thins. Also classed ax a bid for the enthusiastic backing of the same party clement that supported Olds was the President's nomination of Mrs. Eugene Anderson ol Red Whig. Minn., as ambassador to Denmark. Siic would be the first woman' to hold (lie rank of ambassador. Described as active In democratic affairs since 19-14, the 40-ycar-olrt Minnesota matron is a member of the. National Board of Americans for Democrallc Action (ADA). KecoErnl/.cs Women Tims in this appointment, Mr. Truman has given recognition not only to the women members of his party, but to a political organization thnl In the past has demonstrated some suspicion about the phllospliy of government held by the. President. The ADA was in the forefront last year of those who tried frantically to find someone else for the Democratic presidential nomination. Jf Mr. Truman wants '(he nomination again In 1052. he obviously would like to avoid a repetition of this opposition. The ADA went along with Mr. Truman In the: campaign—partly because It felt It had nowhere else to RO—but some of its members had re.servatlons about how liberal Mr. Trunmu would be If elected. Tliclr complaint was that the President talked liberal but depended loo much on conservative ele- ments In his cabinet for policy decisions. They complained he g»vt his major appointments to Missouri cronies. Mr. Truman said the big corporations were out to get the Federi! Pow Commission. He put the De- mocrallc National commftte* to work trying to sllr up grass root* support for Olds. Mrs. Eleanor Roosevelt, »ctlv« In the ADA, came out strongly .for Olds. The CIO supported the nominee, • Speaking ior the President, WH- I am Boyle, jr., the Democr.tfe National chairman, said Olds'stood for what the party stood for On the other hand. Senator Edwin C. Johnson (D-Co!o) said Olclt had "sewed the seeds of revolution" by admittedly radical writings In Ihe 1920's. He said "no Com- immlst could speak more bitterly about this democracy." . • Only two of the Democrats who supported Olds were from the south, Senators Ofahain of North Carolln» and Ellcnder of Louisiana. Ill another matter, on which he was balked by a southerner, Senator Byrd of Virginia, Mr. Truman refused to say at yesterday's new« conference whether he will give former Gov. Mon c. Wallgren of Washington R recess appointment n.s chairman of the National Security Rsourccs Board. Wal]grciV.i appointment was withdrawn after Byrd cast the deciding vote to pigcnhole It In the Senate Armed Services Committee. RITZ THEATRE Manila, Ark. I'Vfdiiy * Salurday 'BRAND OF FEAR' wllh .Ihiimy Wakely ' Ciirtnon and Serial Saturday Owl Show "HOLLYWOOD BARN DANCE" \\ilh Tubbs Also Ciirtoon Sunday & Monday Tuesday' "ROUGHSHOD" nlth Hubert Sterling and Glorb Gnihamn Wurncr'Ncws and Short NEW ttox Opcn^ Week Days 7:IH) p.m. iMatince Saturday & Sundays kMat.-Sun. I ConL Showin Manila, Ark. Shows KVKKY NIGH I KAZAN" i Striificn Dunne Also Shorts S:i(iir<lny "PHANTOM OF THE PLAINS" with William Klliutt Alsu Slinrls Snliinliiy Owl Siiow "TAKE ONE FALSE STEP" with Wrn. I'oncll Also Khnrts Sunday •& Monday "HELL' FIRE" with Win. Klllolt and .tin: Davis Also Shorts SKY LI HE DRIVE-IN THEATER 2 Miles North »f' BljthnlII. B«i Oifluc Opens at 6:34 Show BlirU 7:00 , . Last Time Today Added Attractions Saturday ALLIVN LANE RED RYDER sfcaderr «f Added Attractio Saturday. Midnight Show 'CITY WITHOUT MEN" wllll Mnda Darnell '• and Edf-iir Buchanan V FREE! Attend List regular show and see midnight sliuw free. Sunday & Monday" . Added Allraclfons Monday BUCK NIGHT for FORD OWNERS All Ford owntrs admitted for Jus( Sl.M. In England It's the Chemist Shop In France It's the Apothecary Shop In Blytheville It's BARNEY'S DRUG STORE For Expert Prescription Service SHEET METAL WORK. -OF ALL KINDS Custom wiirk tor gins, alfalfa mills, nil mills. Custom Shearing up to 1/4 inch thicknesi Frank Simmons Tin Shop 117-Soulh Uruadw«y : Phun« MSI •

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