The Courier News from Blytheville, Arkansas on November 8, 1949 · Page 2
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The Courier News from Blytheville, Arkansas · Page 2

Blytheville, Arkansas
Issue Date:
Tuesday, November 8, 1949
Page 2
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TWO BI/VTHEYILLI! (ATtK.) COURIER NEWS U.S. Will Keep troops in Japan Fear of Communist 1 Menace in Asia is ' Listed as Reason BT John M. Hlghlower WASHINGTON, Nov. &—(/T>— Tno united Stales Intends (o keep troopi^ in Japan (or many years after the «nd of the allied occupation. Diplomatic authorities said that decision has been reached by ot- ffcUU; who,, in .trying to draw up ft draft of a Japanese peace treaty, laced this tough problem: Hor can. Japan be given full political independence, while still keeping some protection against a growing Communist menace In Asia? ' With their decision on this and other touchy ' matters, stale department planners have reached an advanced stage in their efforts to whip into shape a treaty of peace with the Jormer enemy nation. The next step must be consultation with Britain and other nations. U. S. planning has progressed far, enough so that Secretary of State . Acheson .will be_ able to assure British foreign minister Bevin in Paris this week of U. S. readiness to start such talks in the near future. The' major provision of the pact us now 'drafted by the state department call for: Provisions I.isled 1. An end to the allied occupation command by Gen. Douglas MacArthur, as soon as the treaty is signed and ratified. 2. An orderly surrender by the occupation forces of the powers and duties of governing the country, and the subsequent withdrawal, as-such. In about six mouths the Japanese government would have complete control of all the nation's internal and foreign at- fairs. 3. Denial to the new government of (A) the Industrial capacity to build a modern war machine and (B) the right to create an army (which is also denied In the Japanese constitution.) ,4. Final cleanup of all preparations questions, including disposition of former Japanese enemy assets in allied and neutral countries. ..' : 5. Final removal of territories from Japanese control in accordance with the wartime Cairo agreement, as well as the surrendering of .Japanese rights over the Pacific mandated islands. 6. Guarantees of basic civil right*, including the basic principle* of western political democracy, »uch as free elections. Chan(» Unlikely T. Commitments -on Japanese membership in,^ international organizations* and treaties. It ) now seems likely that" the'Japanese will b« required, to make friendship and trad« treaties with the principal allies, tor membership in the United Nations and otherwise to try to' 'establish itself in the family of nations. The American draft of the treaty has more than ordinary importance. While a. proposed international agreement, normally is subject to 'sweeping changes in negotiations, thai seems unlikely in the case of the Japanese peace pact. State Department officials, who hope to begin consultations with the British and others around Dec. 1, regard the American draft as a means for establishing a new basis : for Japan's future, not as a device for punishing japan for World War II. They made clear that they wll! strenuously resist any effort to write a punitive treaty. The. dried larva of a species of i.'y form a nutritious food used by Indians and natives In Mexico. Rug Makers Take Wares Into Court To Settle Dispute LITTLE ROCK, Ark., Nov. 8. M^_ Pink and green scatter rugs brightened the usually somber courtroom of U.S. District Judge Thomas. O Trimble. here yesterday. They are exhibits in a $2,700000 lawsuit Involving nrg making machinery and processes. The Lawrence Products Co., of Alabama, charges the Monticello Charm Tree! Mills, inc., and Monticello Cotton 1 Mills, Inc., of Monll- cello, Ark., conspired lo copy-a valuable loom and secret processes. • . Resisting a motion for authority to inspect the defendants' nlant attorney exhibited rugs made by other firms. They contend the runs are similar to those mnde by the Lawrence company and that there Is nothing unique about the Alabama firm's processes. AP Photographer Dies VALLEY STREAM. N.Y.. Nov 8 :tft— William v. Newton, 52 sales' manager of Wide World Photos Inc.. an affiliale of the Associated' Press, died yesterday at his home Newton, a native of Brooklyn was associated with Times-Wide world Photos Irom 1920 until It of NOTICE OF SAI.K OF SCUOOL HOXDS Blylhevllle Schcol District No 5 Mississippi County, Arkansas hereby gives notice that ft will sell at public siile for cash to the highest bidder its proposed issue of $450,000 in negotiable coupon school bonds dated January 1. 1950, bearing Interest payable semi-amiually on July 1 and January I of each year. The District is offering two schedules of maturities. In both Instances the bonds are dated January 1, 1950, and mature on January 1 of each year. The first Is a 30- year schedule as follows: $10,000 in 1051, 1052 and 1953 ll.OCO'in 1954 and 1955 . 12,000 In 1958, 1957 and 1958 13.000 In 1959, i960 and 1061 14,000 in 1962. 1003 and 1964 . 15.000 in 1965, 1B6S and 1967 10,000 in IMS, 1969 and 1970 IT.Mfl In 1371 18,000 in 1972, 1973 and 1974 19.000 In 1975, !976 and 1977 20,000 In 1978, 1979 and 1930 Thc second Is a 23-year schedule as follows: . • 412,000 in 195! and 1952 13,000 in 1853 and 1954 14,000 In 1955 and 1056 15,000 In 1957 and 1958 16,000 in 1959 and 1960 . 17,000 In 1981 and W62 18.COO In 1963 19.000 in 1964 and 1965 20,000 in 1966 and 1967 21,000 in 18SS and 1063 22,000 in 1970 and 1971 23,000 .in 1972 and 1973 24.000 in-1974 and 1975 This bond issue and a seven mil! continuing annual building fund tax to pay it were approved at the annual school election September 27, building fund in *ach jrcu, after paying the bonds and int«r«t maturing that year, may b* used to call bonds for payment prior to maturity or for other school purposes. 2. That part of the state apportionment going to the • operating fund of the District. 3. All other revenues which the District may now or hereafter legally pledge, except the mlllage voted for operation and maintenance and the payment of other outstanding bonded indebtedness. The bonds will also be secured by a mortgage on all (lie District's real and personal property, subject to a prior mortgage securing the outstanding bonds. Bidders are asked to submit sealed written bids upon the following proiwsltlons: . : 1. A bid for the 30-year Issue upon a basis of 2.75"o per annum interest. 2. A bid for the 25-year issue upon basis of 2.15% per annum Interest. 3. A bid upon an Interest rate, or Interest rates, to be fixed by the bidder, but not to consist of more than three separate rates of interest upon the 30-year schedule. 4. A like bid upon the 25-year schedule. The buyer will not be allowed the privilege of conversion to a lower interest rale, and all oids must not be less than par and accrued inier- est for the bonds at the interest rate upon which '.he bid is submitted. The bonds will be callaole for payment prior to maturity In inverse numerical order, in all cases with accrued interest, as follows: U called for payment with surplus funds from the seven mill building fund tax, at par on any interest paying date; if called for payment nith funds from any other source, at the following prices: on any Interest paying date on and alter July 1, 1957, to and including January I, I960, st 102 cents; on any intertei paying date from July 1,1961, to and including January !, S95S, £1 !01 cents; and thereafter on tnr Inler- t paying date at ps.r. The buyer msy npme the trustee and place of payment. The bonos will he sold upon the ipproviiig opinion of ToaT-senS izid Townscnd. attorneys of little Ro-t, Arttat^A, and the Disuici will par the expenses of the l<isue and win *urrtisb :o the buyer free of COST the primed coupon bond.% Trit-h tht tpprav- ng opinjon of said fcnornfys. Thc >onds Tilll \K resoy for delivery &P- proximaiely on J&rmEry 35. 1&50. The sale will be held upnn ssiJea bids, to be received until 2:00 D'cAozt '. M. on the 22no da-y of November, 949. in the o'fice o! the Superintendent of Schools in frit City oJ Blytheville, Arkansas Et which vime all bids will b= publicly End read. ^The Distract will EWRTD thf salt o! the bonds to T>IRT proposal which offers the lowest interest cost, ou! the District reserves ihe right o reject any and Ell bids. T.^V? biti must be accompanied by fc certified checc payable to the District in "the sum of S9000. U&KJD E banz thstl >y, a meinber of the PDIC. The Disiricv return The chscfcfi of unauccss^ uj bidders promptly, and no interest will be allowed on ths checks vhils on deposit -Kith ths OistricL. TUESDAY,'NOVEMBER 8, il»4«' 1949, by a vote of 827 to 25. The The check o{ the sirecesJul binder present population of . ihe scnool j win be kept to be held H.« liquiftEt-d district Is approximately 20.573. its | damages in the event that lie 1alb area is approximately 50560 acres, j to complete the purchase oi lijs and It comprises, in addition to the j bonds. For further information ao- ity of Blythcvllle, some of the rich- j dress the undersigned, est farming land in the Mississippi j GIVES THIS 1st day oi KaTem- delta. The present assessed vaiua- fier. 1W9. :lon of the taxable property in the District is S5.737.140. and ^he actual value of the property in the District estimated to be Jo7371,40fl. In addition lo this issue, 'the District las outstanding a balance of J339.- iT4 ornn issue dated April 1, 1948. for which it has voted a six mill continuing building fund balance. The bonds are direct obligations of the District and will be secured by a pledge of (he following funds: 1. The revenues derived from the seven mill building fund continuing annual tax until the bonds are paid. conditioned that the surplus in the -.--BLYTHEVTIXE SCHOOL - D1STPJCT NO. 5 OF MISSISSIPPI COUNTY, . ARKANSAS By Max B. Reid. Presi and W. L- Homer, . 11 :!-£-!£ RENT A CAR Drive A 1'OD ^ Simpson Oil Co. Phone 937 in cars.' TRY this "NEXT Treat yourself to Me t/irillqftJiis New 1950 Studebaker's HTHIS is our very cordial invitation to you to come in and drive this amazing new 1950 Studebakcr. Take it out. Try it out. You've never experienced the like of the ride, the handling ease, the sure-footed safety, •'•- '-rilliant all-around performance the 99 TAKE A LOOK! TAKE A MOEl YOU'LL TAKE IT AWAY! of this aerodynamic new style star. America is buying this tow, long, alluring 1950 Studebakcr faster than any new car Studebakcr ever introduced before. Come in. Get behind the wheel of a new 1950 Scudebiikcr and fid the driving thrill of vour li'-iimc! CHAMBLIN SALES COMPANY Railroad and Ash Phone 888 STtU-LDAKERS REALLY ROLL.NG- STUDEBAKEKt6AibawidAWW.ttt.THl: NEXT LOOK i KROEHLER FALL FURNITURE S HATCHING IOUNGE CHAIR ... $99.5O A treij- unusual design . . . tailored in fatirely new French-Knot Bo'uclc, Lord/ crescent shaped sofa and chair d«p fringe base and boude edging on cushions and back. Kroebler "oi'hionizcd" construction givcf unmatched comfort. ftlx :^:v. Once In A Lifetime! AMAZING! 12950 Special Value ,wfc al the tJttfc lines of this modern living room suite. .. Kt ixe-wl>v«><t«hff, n sca l ami back. . .(he lailored smarlnesa oh, lir^ comfort of Krochlcr hidden quality conslruc- £*Wt z f, durable tapestry ........ THICK PILE MOHAIR FRIEZE SUITE Rtt this smart Krnchler number in a wide selection X of trm.rl, modtrn colors. Noiv you can hiiy (he sofa and chair both for only Other Kroehler Suites $148 to $298 Kroehler Bed Davenport Suites $148-$199 i ' '•'-'• Charles S. Lemons FURNITURE For better FURNITURE and SERVICE

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