The Courier News from Blytheville, Arkansas on June 15, 1950 · Page 13
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The Courier News from Blytheville, Arkansas · Page 13

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Blytheville, Arkansas
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Thursday, June 15, 1950
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Page 13
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THURSDAY, JUNE 15, 1950 BLYTHEVTUJ: (ARK.) COURIER N15WS PAGE THIRTEEN $19 Billion Defense Budget Set by Reds MOSCOW, June 15. (IP'l— Tlie Soviet Union has set aside the equiv* t of $19,850,000,000—a figure based on the official value of the ruble- defense this year. »— = Finance Minister Arseny G. Zver- ev announced the sum—18.5 per cent 01 the 1950 budget—to the Supreme Soviet (Parliament) at .» joint meeting of its two of its two houses Tuesday. Prime Minister Stalin and many members of the foreign diplomatic corps were present. (President Truman asked Congress for 113,028,000,000 (correct), for U. S. defense in/the fiscal year beginning July 1. His total budget was $42439,000,000. Defense represents a 30.0 per cent slice of the budget. It does not include about t5,000,000,000 government expenses growing out ot past wart. Comparison Different (There is no e:isy standard to compare what the U. S. and Russitm governments consider defense items. (The Russian total estimated defense budget is 10,400,000.000 rubles. The official rate of exchange is four rubles to the dollar. Some experts Value the Ruble's purchasing power at about five cents or 20 to the dollar. Since the Russians officially insist it Is worth 25 cents, the defense appropriation figure is nominally $19.850.000,000,- more than $6.000,000.000 above the U. S. figure). S~ • Total Revenue Down '%'erev said the Russian fisuer represents a decline in military expenditures under the prewar year of 1940. Zverv also disclosed a drop In expected revenues, first since the war, which he ascribed to wide price reductions. He revealed that the Russian financial surplus will be sharply :eut. W ith : American Ambassad or Alan 0 Kirk-tad. Brltlsh Minister John Nicholl In the audience, he charged their countries with aggression and said the U. S. is spending, directly and indirectly, $32,000.000,000 In the coming budget,year for war. Zverev said the sum is more than ;.TO per cent of the total'U. S. budget. More than' 2,000 delegates applauded Stalin, attired In uniform and looking as usual, when he took m. Mat In t. back TOW of the dais, •long with Deputy -Premier V. M. Molotov and other Politburo members who are also members of Parliament. There wa» applause, too, when Iverev announced that the 18.5 per cent total lor defense contrasted •with more than 32.6 per cent in 1940 and 24 per cent in 1346. Reriwrt "Peace" Aim He satd the reductions reflected the incessant concern of the Soviet Union ! for peace. (Zverev said last year that the dMrnse budget estimate was 19 per <flR of the total but apparently he did not mention that last night. 1 (Last year's Soviet budget, called for an equivalent of $1,000,000 less than thi* year's defense total, however). . Because of f»r-Te«cMn& wholesale and retail price reductions early this year, Zverev said that total 1950 revenues will be 432.000,000,000 rubles, a drop of 5,000,000,000 rublei from last year. The price reductions, which Zver«T said gave the. ruble Increased buying power, accoul for a drop in revenues, from the "turnover" «ale« of goods. He also said there will be a •harp Increase in capital expenditures. This Is regarded here as demonstrating Soviet determination to step up tta economic program .-substantially. PTC Appointment Gets Opposition WASHINGTON, June 15. (AP) — Senators Byrd and Robertson yesterday opposed the nomination ol Martin A. Hutchinson of Virginia to be a member of the Federal Trade' Commission. They contend Hutchinso nls not qualified and that his appointment by President Truman was political. The two Virginia Democrat* Senators said in a lengthy letter to the Senate Commerce committee that they feel Hutchinson s "lacks judicial temperament and exhibits bhncl support of public policies merely because such are advocated >y certain party leaders." Byrd and Robertson expressed opinion that "Mr. Hutchinson's nomination is political and made for a definite and obvious polilical purpose." Cotton Consumption For Month /s 36,447 Bales Per Working Day WASHINGTON, June 15. (API — The Census Bureau reported yesterday cotton consumption for the, period of April 30 to May 27 averaged '36,441 bales for each -working day ; This compared with an average 26,899 bales for the corresponding period a year ago, and with 36,634 for the April 2-April 29 period this year. The daily average consumption of linters was 5,200 bales compared with 4,74(3 a year ago and 5,239 for the April period this year. SenJattOffers To Help Speed Excise Tax Bill WASHINGTON, June 15. (AP) —Senator Talt (R-Ohio) offered yesterday to help ttdmlnLsiration leaders speed through the Senate any bill carrying what he regards as a reasonable reduction In excise taxes. Taft, who heads the OOP Policy Committee- and is a member of the • tax-handling F i n a n c e Committee, told .a reporter he«es no reason why the Republicans and Democrats can' agree on some nuisance tax relief. "I would be glad .to Join with the administration in holding only brief hearings and getting a bill before the Senate if the House acts soon," Taft said. K'e didn't go into details as to what would be ^reasonable tax reduction. The House apparently Is ready to pass a tax bill once Its Ways and Means Committee agrees on a measure. A big question Is how to agree on one that will have some chance of escaping a presidential veto aimed at preventing too great a loss in federal revenue. Working toward n bill, the committee yesterday voted to tax the unrelated busincs activity of educational, charitable, labor, trade association and other tax-exempt organizations. 'Hie new rules would not apply to unrelated business activities of religious organizations. After-Hour Builder BELLFLOWER, Culif. (/P)—Llk« he postman who takes * walk after lours, Hoy O. Jacobson, contractor, Ikes to build houwi when he quit* work. For the past 16 years Jacob- oil lias spent his spare time carv- ng model buildings. He now has a complete village—a reproduction of all the principle structures of the Abraham Lincoln shrine at New Salem State Park. 111. Working mostly with a Jacknlfe, Jacobson, who once was a construction foreman for the national park service in Illinois, has spent some 14,000 hours whittling tiny :ogs and shingles and assembling them Into buildings. His village includes stores, a blacksmith shop, cabins—even split fall fences His scale is a half Inch to a foot. The average adult hippopotamus weighs about 5.000 pounds. Political Announcement The Courier Newt nu been authorized to announce the following candidates, subject to the Democratic primaries. July 25 and August 8. FOR COUNT? JUDGE Roland Green f'OK STATE REPRESENTATIVE L. n Autry Re-election Post No 1 John .1 cowan Kenneth 8 S ulcer Post No 2 Albert A. Banks , Post No. 2 E C. "Gene" Fleeman (For re-election Post No 4) W. P. Wells For State Senator W R Nicholson J. Lee Bearden SHERIFF AND COIXECTOB Osee Nunnally Jury Takes 4 Minutes On Sentence to Chair TJTTLE ROCK, June 15. (/P)—A circuit court jury deliberated only four minutes yesterday before sentencing a defendant to death in the electric chair. He is George Ferguson, 3fl-year- old Negro, convicted of' the shotgun slaying of Durward Miller, 41, a lumber company shipping clerk, last March 6. Miller had discharged Ferguson as a truck driver a few days before. Anhydrous Ammonia Fertilizer Custom Application Chas. Brogdon Phones 6847 — 6234 Vi Mile South on Highway 61 Strike Brings Army SANTIAGO, Chile, June IS. (/P)— The government yesterday' placed the army In control of post and telegraph offices in Santiago Province after a 24-hour strike of em- ployes for more pay. A state of emergency has been declared. JACK WEBB, M.D. Now relocated In the Lynch Building, Blytheville . Practice Limited to Eye. Ear, Nose & Throat The Strongest GRAIN BIN Made The Martin "Husky Gaint" is U. S. Gov't. approved —weather-proof, fireproof, ratproof.. Designed especially for soybean growers, this storage bin contains more steel than any other. The 2'/z in. corrugation prevents bulging and sagging. Sold by Blytheville Soybean Corp. Blytheville Phone 6856 An anagram which reads the •am* backward and forward 1? called a palindrome, A classic example Is "Madam, I'm Adam." BURY YOUR WORRIES/ AMTOMOIIII TNSUKAMCI PIOTICTIOM FARMERS JK * MV*«* • f»Cimil D*MAC* IIAMIT* - • toonr MjUfT UAMUIT L. Walker, District Agent The one SURE way to buy tires! 200 Isaacs Bldg. Bus. Phone 149* Res. '2113 MIRRORS RESILVERED Satisfaction Guaranteed Blytheville Glass & Paint Co. Phone 6716 Don't take our word for satisfaction! Don't take anyone's word! Satisfy yourself with an absolutely free trial tide for a full week on Mid-Century U. S. Royal Masters—the tires with features that arc sweeping the country—no strings—no obligation. Learn for yourself about— — Stuff-proof whilewalli — ROYALTEX —new safety Iread devie* hold* wh*r* tirei never held befor* — Skid protection never potelble before — 60% more lofe mttet — High-speed, low-preisure comfort Many people like lo "prove it for themselves." That's why we matte this unusual offer. Well put these great U. S. Royals on your car abso , lately Itee lor one week. You make the test, under any road conditions, at any driving speeds; you make the decision-then if you decide to buy we'll offer you the best allowance! in town for your old tires. SNCTAl CtlDIT MAKE YOUR CHANGE OVER TO U S ROYALS TODAY' Langston-McWaters Buick Co. Still & Young Motor Co. ROYAL LUJJJ Four Reasons Why Hudson's Better Cleaning Is Your No. 1 Choice: • LONGER Lift FOR YOUR CLOTHES! • ECONOMY THROUGH CARE! • CLEANER LOOKING CLOTHES! • DEPENDABLE SERVICE! Tour good reasons why 1 heartily recommend he(t«i dry cleaning care! A!) summer long, I've sent a continuous stream of slacks, summer sportswear,'and other things to be cleaned—they've always returned with new freshness, new sparkle—and an clean-looking! Dry clean your clothes often and discover as I have, Hudson's better cleaning Is the best clothes care money can buy!" Our Recently-Installed Equipment Makes Scientific Cleaning Easy—It Assures the Perfect Care of Every Garment! U.S. ROYAL MASTER Oft* and/ • budget! MOTHPROOF BAGS FOR YOUR GARMENTS . . . Protect your clothes from moths and soil! Let us clean all your winter garments thoroughly and store them for the summer. We'll return them in dust-proof, moth-proof bugs for your added protection! Better Cleaning The Hudson Finish In 8 Hours For The Asking HUDSON CLEANER - CLOTHIER - TAILOR Blytheville, Ark. Phone 2612

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