The Courier News from Blytheville, Arkansas on November 16, 1949 · Page 7
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The Courier News from Blytheville, Arkansas · Page 7

Blytheville, Arkansas
Issue Date:
Wednesday, November 16, 1949
Page 7
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WEDNESDAY, NOVEMBER 16, 1049 ™,YTHKVII,LE (ARK.1 COURIER NEWS PARK SEVEN Townsend Raps Labor Pensions $20p-a-Month Plan Originator Has New Old-Age Relief Idea By DOYJ.E SMEE NBA Staff Correspondent CLEVELAND —(NBA)— The picture In the newspaper showed Jubilant Bethlehem steel workers cheering over news that their strike had won them 5100-a-month pensions. A lean, white-haired old doctor looked at the newspicture a no* shook his head sadly. "These labor people don't realize what they're after," lie said (irmly. "What they want is security and « - I maintain they won't get it that Vi'ay." Tills ancient crusader— ni: Francis E. Townsend—thinks lie knows a better way. He has thought so since 1033 when, after watching three old women scrounge food from a • garbage can, he wrote a letter to a Long Beach, Calif., newspaper. The letter suggested that the government retire every- Iwily (except criminals) at age GO on a $200-a-month pension. To the everlasting surprise ol its author, the letter launched the Townsend Plan for Old-Age Pensions. It boomed, but he nevei was able to put It over. Now be ' has a new plan, submitted Co the 8!st Congress, which he confidently expects will be debated on the House floor during the up-coming session. The other day Dr. Townsed was visiting his only son, Robert, it Cleveland and attending a roum of celebrations of the Townsem Plan's 10th birthday. Robert is the national treasurer of what Is now the ."Towiiscnd Plan for Natlona Insurance." A midwestern country . doctor who turned political economist, the •-• elder Townsend still bangs out pieces for the plan's weekly newspaper with the energy of a c«u reporter, although he is 82. He continually repeats his amazement at the way the plan caught t on—as it did among the aged, at any rate. • ' Jenefils of Large business Cited Du font Official Points to Research That Is Carried on WASHINGTON, Nov. 16— (if)— A Du Pont "big busines" m»n said yesterday that small business can wosper through the expensive research possible only for large corporation to conduct. The statement came from Crawford H, Grecnwalt, president of E. I. Du Pont de Nemours & Company. He was called as a witness by a -House Judiciary subcommittee studying the question of monoply power. Qreenwalt, In his prepared text, took issue with what he called a developing thought-patern which holds that bigness in itself is a violation of anti-trust laws. He said the customer alone determines how big any company should be. Small and large business can help each other, Greenwalt said ex plaining: 'The best opportunity for small business lies In the horizons opened for them by the basic new developments offered by large business—the nylons, cellophanes, ete Here they can and have prospered Jhere are opportunities by thousands." Orecnwalt said that Du Pont research projects, such as those In llophane and nylon, are "a costly uslness at best." He estimated "not more than one in 20 of research investigation ever ngs the cash register." 77 Killed in Typhoon MANILA, Nov. 18. (/P)—The Red ross reported last night the bodies I 177 more persons killed In the Oct. 31-Nov. 1 typhoon had been ccovcred In Knbankalan, Ncgros Occidental Province. This raised the toll to 976 In the Central Philippines, Including some 460 missing arid presumed dead. Plywood is used extensively In the construction of motion picture set*. EZIO PINZA, famous singing slar of "Soulh Pacific", say*: 1 serve finer-tasting SCHENLEY for an enclianted LESSON IN SAFETY—A more powerful plea for traffic safety could hardly be found •lhan this tragic tableau caught by a photographer in New Hyde Park, N. Y. While the youngster's bicycle rests against the bumper of the car which struck him down, first aid is given to Bobbie Schuman; age 10. The boy suffered a broken leg and serious internal injuries. Three months after his initial letter to the editor, Townsend. "the new prophet of plenty," had 70,000 signatures on a petition vjllich would make his plan the law of the land. Within three jears, "Townsend Clubs" were located all over the country, and the movement touched off a Congressional investigation. Dr. Townsend stalked out of hearings and was on the verge of jail for contempt, when President Roosevelt pardoned him. In 1939, a Townsend plan bill was defeated 302 to 07 in the House of Representatives, political observers, however, credited the "Townsend appeal" with setting the stage for liberalizing the Social Security, A.ct, . -although Dr. Townsencl always has criticized Social Security. During the war the movement waned, but now there is a drive underway to "triple the membership" by January, 1950. Estimates of present membership run vaguely to 5,000,000, but Treasurer Bob Townsend claims "infinitely more followers." » • • The great hope of the Towu- jf fiendiles today is a new bill (HR T" 2135) buried In the House Ways and Means Committee. Unlike the I old Townsend plan, it does not! call for payment of a "fixed" pension. Instead, it would divide a- inong the aged and infirm all the proceeds from a three per cent gross income tax, Townsend followers will make a big push to get I1R 2135 out of committee during the next Congress. Already they claim 179 of the 218 signatures needed. The kicker in. the new plan, as In older tines, is the requirement that a Pensioner must spend all the money lie gets within 30 days. "We want to make good marketers out of the 12 or 15 million old folks," Dr. Townsend said. "If they had money to spend there would be no depressions." •- \ » * » The doctor thought he had some pointers for labor in his percentage tax on all incomes. "W h y don't they get wise enough to demand that wages be tied to the monthly volume of business done? he wanted to know. The fault of strike-bought pensions, Dr. Townsend explained, Is that even though workers get the high svugcs nnd pensions they want, they still can't control the price system. The only possible bug Dr Townsend sees in his old-age insurance plan—opponents say they see plenty of them—is the chance Negroes to Seek Better Educational Facilities LITTLE ROCK, Nov. 16—(^Pi- Arkansas Negro College officials vill seek improvement of education facilities for their race in the itate. An organization composed of )residents, deans nd registrars of ive Negro colleges Is to be former at a meeting here Dec. 12. Plans for the group were worked for a meeting here of presidents or five schools, the A. M. and N. College for Negroes, pine Bluff, and Philander Smith college, Little Rock, four-year schools, and Arkansas Baptist and Dunbar Colleges, Little Hock, and Shorter College, North Little Rock', Junior colleges. Man Opens Door, Finds Bear Confronting Him TROCKFORD, Tenn., NOV. 16— (jTj—What would yon do If you opened the front door to find a big black bear, staring you in the face? Fred Davis says he slammed the door shut, and quick. Davis says the bear, apparently fugitive from the nearby Smoky Mountains, rang the doorbbell his home in the dead of night. Since that incident, severa nights ago, Davis says he has seen Bruin three times. Hunting dogs were summonei but they fatted to pick up th bear's trail. Napoleon Bonaparte Just Now Retiring CHICAGO — <fl"h- The Rock Island railroad sends word that Napoleon Bonaparte has retired, Bonaparte, 56, has worked with a maintenance crew since 1020. pose of surplus products. And as for • hoarding that monthly allotment, he said, "why should people hoard If they know of overproduction. But he's sure they've got a guaranteed income we can always find a way to dis- for life?" Sea Serpent Discovered On Beach at Banhury BUNBURY, Australia -~ W)— rare great oar or ribbon fish, com monly called a sea serpent, h:i been washed up on the beach hen Fifteen feet long and 13 Inche at its widest point, the fish has a small head, long sucker mouth, big gills, a long pink crest and two long thick feelers protruding beneath its mouth. A pink fin runs the length of Its body, which Is heavily coated with phosphorus and Valuable Painting Found y Artistic Boilermaker LOS ANGELES —W)— Poking irough a rubbish heap paid off >r Joseph Padore, a Boilermaker ith artistic leanings- He turned up a painting identl- ied as a 250-year-old work by an tallan artist, vlncenzo Oleottl. tnl Bernay, Los Angeles art deal- r engaged to restore 'the picture, aid it is a copy of a masterpiece done in lliOO by Andrea Del SarU). vhlch now hangs in the Palazzo 'ittl museum in Florence. It dep- cts the Holy Family. Bernay estimated the painting to be worth at least $2,000 and theor- zed that 'it was discarded by a :amily unaware of Its worth. The colors, he said, have retained thelr origlnal richness and warmth. The finder. Padore, Is a. painter himself and has done a mural for his church. HAS "GREEN THUMB"Although nearlng his 100th birthday, Dave Bringle of Os-= wego, Kons., still works actively In his garden. His "green thumb" produced enough vegetables this season for he and his daughter to can 100 quarts. A'great-great grandfather, Bringle will soon attend his son's golden wedding celebration. HifE BlEriOIU YiHISKY 86 PIMF. 85% CS*IN KlUIRAl SPIRITS. 1CNEHIH OlSUIBylOIS. I«C., I.I.I. Student Money Troubles Eased by Rutgers Aid NEW BRUNSWICK, N. J. —</P|— Money aid to students who do not have to pay back loans has been tried by Rutgers University.' Most students do pay back the money and effective aid Is given, a report on the project says. The aid is given' students, who need small s\ims—$25 to }50—to stay In school. Such a loan often can fix money troubles and put the student at case. There is no Interest and no time limit on repayment. He Is not compelled to pay It back. Sometimes years pass before payment. But very few loans are not repaid, Rutgers says. doted with large has no scales. black spots. It The oil industry in the United States gives work to nearly 2,000,000 persons. 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OLDSMOBItE A GENERAL MOTORS VALUE PHONE YOUR NEAREST OtDSMOBILE DEALER Lee Motor Sales, Inc. TRADE-IN YOUR OLD JEWELRY It's the economkiil way to buy Chrislnias gifts. Bring in your old rings, watches, compacts, necklaces, bracelets, any jewelry item and Pat O'Bryant will give you a liberal allowance on the purchase of a new gift. Don't throw away the jewelry you're . • tired of. . .Ipadc it in for heautiful new jewelry for yourself, or for Christmas gifts. Yes, see I'at O'Bryant for'cconomical Xmas shopping. Christmas Cri ON YOUR LIST BULOVA 15 Jewel $24.75 (Be sure with Buloya) 5ti«off»r'l "TfionpV D«il Seh • M Cryilal, hotlor]«, M.iican or Sponlih Onyx, willi p«*, p»n artd p«neil, Ol pen. pencil and Stralowritu, prkerf from 110.00 *o 11 OS.00. Mcxl>l iho» Elgin-American Compact $2.95 up Fine Leather BILLFOLD by Enger-Krcss 1.00-18.00 DIAMOND RING With 2 Sidcstoncs $37.50 DIAMOND RING MK Gold Hand 18k top 27.50 Staoffer't Admiral Eni«mbl». Sh«off*f qveNty * economy P'k«. P<n, S5.00; f«-tj, S3.00. (QM ol popular iKadei. Gift bated. 'Q compl«l«.. .* 309 Easf Main Phone 2056 PAT O'BRYANT Main and Second

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