The Courier News from Blytheville, Arkansas on August 24, 1954 · Page 3
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The Courier News from Blytheville, Arkansas · Page 3

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Blytheville, Arkansas
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Tuesday, August 24, 1954
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TUESDAY, AUGUST 34, 1954 BLYTHEVILLE (ARK.) COURIER NEWS PAGE TM1EE The 83rd Cong rets Four Bills by Congress Put Foundation Under President's Economic Program (Second in a, series) By STERLING F. GREEN WASHINGTON (AP) With four solid chunks of legislation, Congress has put a foundation under the economic program that President Eisenhower stands for: one in which private industry, not big government, is intended to create the jobs and payrolls. The four were the tax, farm, housing and atomic bills. All were geared to the philosophy of whittling down Washington's role as the central fountainhead of economic supports and controls. A fifth measure, the broadening of social security, was evidence that the administration hopes to preserve and strengthen that program achieved under 20 years of Democratic rule. There v/as a sixth item, which might be fully as significant as the others. It is something Congress didn't do. It didn't rush to turn on the money pumps when the country's record-breaking prosperity began to ebb. Still Inflationary But, in the view of many econo mists, Congress left the govern ment's operations still mildly inflationary. The spending program that Eisenhower proposed, anc Congress largely approved, figures to outrun tax collections. Some officials believe the federal deficit next June 30 will be closer to five billion dollars than the $2,900,000,000 officially fore cast. The economic philosophy developed by Congress and the administration held that government should remove needless controls, encourage business to expand anc leave enough profit after taxes so that industry will build new plants, develop new processes and products and create new payrolls. • This was the kind of thinking behind the tax legislation, the decision to invite peacetime industry into atomic power, to ease rigid farm price supports and to give private enterprise the chief responsibility for providing a million or more new homes a year. The Eisenhower program steered close enough to the middle of the road to win some Democratic support in many ca'ses. But there were Democrats who criticized much of the program as being slanted in favor of big business. By the time the session ended, the Democrats had laid up quite a lot of ammunition to shoot at Republican candidates in November, It may be effective if the OOP- anticipated upturn in business fails to materialize. Demos Unsuccessful Democrats critical of the Eisenhower program argued that the way to boost production and employment is to strengthen consumer buying power. They fought unsuccessfully for across-the-board tax relief in the lower income brackets. They also backed high, rigid crop price supports. In more detail, the major economic measures produced by the session were these: TAX REVISION The greatest achievement of tne 83rd Congress, in administration eves, is the massive tax revision bill. In actual savings to businessmen and wage earners—a $1,363,000,000 reduction in the first year and more later—the law does not compare in impact with the five-billion dollar slash in income and corporate taxes Jan. 1. But Eisenhower calls it the '"keystone" of his program because of its potential stimulus to production and employment — by encouragement of investment, new plant construction and incentive to large industrial payrolls. The law had many critics. There were contentions that it was loaded in favor of business and gave relatively little help to the average wage earner. A Democratic amendment to increase personal income tax exemptions by S100 or S200—which would have excused millions from paying any tax at all—gained strong support for a time. Denying that the act unduly favors business, administration officials insist the small taxpayer will reap many benefits. The law gives relief to families hit by heavy medical costs, working mothers who must pay for child care, retired persons living on pensions, parents whose children are helping to earn their college educations, and many smaller groups. Stockholders are excused from all tax on the first $50 of dividends paid them. Four per cent of any additional dividend income may be deducted from, the tax payment. Officials expect this provision to induce greater investment in common stocks and provide more capital for industry. In the Housing Act of 1954, Eisenhower got a big bill which, some housing experts believe, may jog home builders into building 1,400,000 new homes in 1955. That would be the biggest year in history. The law puts home ownership on a 5 per cent down and 30-years- to-pay basis. It thus reaches out to lower, but much broader, levels of buying power. The act also will make it easier to sell used houses. The terms are 10 per cent down and 30 years to pay on modest dwellings, instead of 20 per cent and 20 years of payment. This feature is expected to encourage many growing families to sell their small homes and move into new and larger ones. Government officials expect no housing miracles. They will be fairly happy if housing activity remains close to its present rate of about 1,100,000 homes a year. They would not be surprised, however, if the new law stimulates the in- dustry to eclipse the 1950 record . ATOMIC ENERGY of 1,395,000 new homes started. Their chief concern is that the program, which falls short of the complete package which Eisenhower requested, will not accomplish a second intended goal—the clearance of slums ajid the redevelopment of the blighted centers of many American cities. The President had proposed that families who were moved out of redevelopment areas be given FHA assistance in obtaining small homes with a nominal down payment and 40 years to retire the mortgage. Instead, Congress put a 30-year limit on the mortgages and called for a 5 per cent down payment on such low-income housing. THE FARM PROGRAM In winning enactment of a program of "flexible" crop price supports, the administration scored a substantial victory. Rigid 90 per cent price supports on major farm products—Cotton, wheat, corn, peanuts and rice— were scuttled in favor of adjustable supports ranging from 82 y 2 to 90 per cent. • With the new law the administration hopes to discourage the production of huge surpluses and begin working off some of the 6y 4 billion dollars worth of farm products held in government storage. Foes of the change protested that any further drop in the long-declining income of farmers would be disastrous in many areas and, in a time of economic uncertainty, would help push the whole country into depression. As a compromise, Congress re- hected the idea of making, supports flexible down to 75 per cent of parity,-as Eisenhower and Agriculture Secretary Benson recommended. The atomic energy bill opened to private enterprise the glowing—if still somewhat remote—promise of a brand new industry, new payrolls and a promising new source of electric power for industry. The act broke the government's monopoly on atomic energy by permitting private firms to own atomic reactors, which will be the "furnaces" for generating electric power; to own and use nuclear materials; to sell by-product atomic materials to the government; and to obtain patents on their own atomic inventions witiiin certain limits. It, also permits freer exchange of atomic information with Allies. The bill became a battleground for the hottest and longest debate of the session. It was on the issue of private vs. public power. Friends of public power tried to amend the bill to prevent the Atomic Energy Commission from contracting with a private utility combine for power which would be fed into the Tennessee Valley Authority system—instead of letting TVA build the generators itself. The power purchase plan had been ordered by Eisenhower personally. After 169 hours of debate and filibuster, the administration forces won, on the TVA issue. But the friends of public power gained many concessions. For instance: 1. The AEC was authorized to go into the electric power business itself, selling emergy from its atomic reactors. 2. Public bodies and rural electrical cooperatives were given priority in the purchase of any power produced by AEC, and were given priority as well in applying for licenses to build and operate atomic power plants. UTTLi t/Z— e-ft Annie Lee Moss Again Denies Red Ties; Asks to See Accusers WASHINGTON — Aniiie Lee In spite of oM we've learned since M92, a large part of the world is still f lot. Motorman Trapped In Subway NEW YORK (JP) —Motorman David Moclair, 52, spent seven agonized hours trapped in the wrecked cab of a subway train yesterday. Both legs were crushed and he was finally freed last night after one foot was amputated. Moclair's empty train ran into a cement wall after a tripping device apparently failed and let it smash through a bumping block at the end of the track. Rescue workers first used acety-j other counts similar to those she Moss, again denying Communist ties, has asked the Arn\y to produce her accusers at a security screening board hearing. "I am not a Communist, have never been a Communist and have no communistic leanings or sympathies," the Negro woman said in a notariz-ed reply yesterday to the latest charges against her. The Army suspended her for a second time Aug. 4 frcyn a job with the Army Signal Corps. It said it acted "on the basis of information which was not previously available." She was temporarily suspended last spring from her $3,335-a-year position after Sen. McCarthy (R- Wis) brought up her name at an investigation of alleged Communists in the Army. She denied before McCarthy's Senate Investigations subcommittee that she was the Annie Lee Moss an FBI undercover worker had testified was known as a Communist. The undercover worker failed to identify her by sight. After reinstating her. the Army suspended her again on. charges she was issued & Communist party membership book in 1943 and on •'No time or place is given with regard to this alleged transaction, nor is there any suggestion as to the person with whom, the transaction was made . It is mv JOINER NEWS Th Joiner Baptist .Church was the scene of a dinner last Friday night when the Men's Bible class entertained the women's class. There were around 50 present, with several guests. The after dinner speaker, was Davis Carpenter of Illmo, Mo. Master of ceremonies was Rev. Leonard Kaffka, pastor of the church. Mr. and Mrs. Davis Carpenter and daughter, Mary Sharron, of Illmo, are spending a part of their vacation this week with the Leanord Kaffkas at Joiner. Mr. Carpenter is an official on the Cotton Belt railroad. Mr. and Mrs. Alfred Bennet are the parents of a baby girl, named Deborah Kay, born Aug. 20 at the clinic of Dr. Sanderson at Joiner. This is their third child. The oldest one, Cleavie, came home from a two-week stay in a Memphis hospital, where he received treatment for a horse. Mrs. kick in the head from a Henry T. Ravenhorst of Olivia, Minn,, and three children Teddy, Betsy and Patsy, are visiting her sisters in the home of Mrs. E H. Bowden. Miss Irene Hosey, formerly teacher in Shawnee school, is now ieaching In San Diego, Calif. Mr. and Mrs. Al Hunt of San Benito, Texas, and their children are spending a week with then- sister and niece, Mrs. Ivy Bagwell, and family of Joiner. The Hunts lave their son, Jimmie, with them He has been a polio patient in a Texas hospital for the past four years. Mr. and Mrs. Wheeler Byrd of little Rock and Mr. and Mrs. Arthur Byrd of Memphis were the uests of Mr. and Mrs, J. C. Byrd of Joiner on Wednesday. Mr. and Mrs. Arthur Byrd came back on Saturday and Judy Byrd vent home with them to Memphis spend a week visiting. Mrs. Helen Reddock, Mrs. E. H. Bowden, and Mrs. Rosamaiid Banks and Mrs. H. F. Ravenhorst attend- d the funeral of their uncle, B. A. \nderson of Marvell, Ark., last sveek. The infant daughter of Mr. and tfrs. Eugene Reed died in a Memphis hospital Thursday night, and OPENS 6:45 EACH NIGHT SHOW STARTS AT DUSK 2 SHOWS EVERY NITE! RAIN OR SHINE! TUESDAY and WEDNESDAY CARLOAD Admitted for 2 - 50* Tickets was buried Friday in Bassett Cemetery. Sendees were conducted in the Joiner Baptist church by the Rev. Leanord Kaffka. Mr. and Mrs. Campbell were in Blytheville on business Friday. While there, they visited with the Rev. and Mrs. Mitchell Sanford, pastor of Lake Street Methodist Church. He formerly was the pastor of the Joiner Methodist church. Mrs. A. L. Eifling drove to Stuttgart Tuesday, spending the night with her aunt, Mrs. A. L. Moore, at Humphrey and picking up her daughter, Mary Lloyd, who had been staying with her grandmother. They returned home Wednesday. Mr. and Mrs. Eugene Hughen took their children, Marian and Ronnie, to Heber Springs Tuesday to spend the week with their aunt, Mrs. Earnest Moodey. The fall state executive meeting of the Parent-Teachers Association has moved its time from sometime in October to August 22-23. Mrs. J. W. Miller of Bassett, and Mrs. Carroll Watson of Osceola are attending the meeting. It was held at Little Rock. Mrs. Alex Goble, Mrs. Larry Joe Bell, Mrs. L. F. Etter, Mrs. Archibald Catchings, Jr., and Mrs. Bobby Miller, all of Bassett, were in Memphis Wednesday. Earnest Chiles of Osceola, Delivered the sermon at Bassett Presbyterian Church Sunday. The Rev. Mr. McNutt is expected to return from his vacation in Canada this week. Passenger List Grows SEATTLE (/P) — When the Navy transport James OUara left Yokohama Aug. 12, it had-829 passengers aboard. It docked yesterday with 830 aboard. The 830th was James Richard Davis, born two months prematurely to the Japanese wife of- Pvt. Ikie J. Davis, 23, of Woodland, Calif., two days out of Yokohama. Mother, son and father were good sail- lene torches to cut through to Moclair, but the heat became unbearable for him and they turned to saws, which slowed progress. The motorman was comforted during his ordeal by his 16-year-old son and his wife, Mary. Moclair could move only one hand, but this enabled him to reach for drinks of water and smoke an occasional cigarette. Doctors on the scene gave him drugs to ease his pa,in. Moclair was taken to a hospital in critical condition. .. Carrier Armor Stripped BREMERTON. Wash. (/P)—Workers were stripping seven million pounds of armor from the 45,000- ton aircraft carrier Franklin D. Roosevelt today, preparing to give the FDR a new suit of armor. The Navy said, without giving details, that a new type antitorpedo blister to be installed around the FDR's hull possibly will make less armor necessary. Carlsbad's Bats Hibernation of the Carlsbad Cavern bats begins about Oct. 15 each year. Around May 1, they begin to fly out at dusk for insect food. By midsummer, their flights are a spectacle • not easily forgotten. NOTICE IN THE PROBATE COURT, CHICKASAWBA DISTRICT, MISSISSIPPI COUXTY, ARKANSAS Estate of F. Johns, deceased. Address: 328 East Missouri Avenue, Blytheville, Ark. Date of death: August 8. 1954. An instrument dated March 11, 1946, has been admitted to probate as the last will of the above named to discovery of these New Mexican caverns. MOX -Theatre- On West Main St. In BIythevilU Show Starts Weekdays 7:00 Sat., Sun. 1:00 been appointed Executrix thereun- der. A contest of _the probate of the will can be effected only by filing a petition within the time provided by law. All persons having claims against the estate must exhibit them, duly authenticated, to the undersigned within six months from the date of the first publication of this notice, or they will be forever barred and precluded from any benefit in the estate. This notice first published August 24, 1954. MRS. LILLIE JOHNS, 328 East Missoui*; Ave., Blytheville. Ark. Frank C. Douglass, Atty. 8/24-31-9/7 NOTICE Notice is hereby given that the undersigned has filed with the Commissioner of Revenues of the State of Arkansas for permit to sell and dispense beer at retail on the premises described as 212 N. Baltimore, Manila, Mississippi County, Arkansas. The undersigned states that he is a citizen of Arkansas, of good moral character, that he has never been convicted of a felony or other crime involving moral turpitude; that no license to sell beer by the undersigned has been revoked within five years last past; and that the undersigned has never been convicted of violating the laws of this state, or any other state, relative to the sale of alcoholic liquors. Application is for permit to be issued for operation beginning on the 23rd day of August. 1954, and to expire on the 30th day of June, 1955. J. D. LITTLEJOHN. Applicant. Subscribed and sworn to before me this 23rd day of August. 1954. ELIZABETH MASON, Notary Public. SEAL My Commission expires: 4-26-58. 8/24/54 previously denied. In denying the Communist book charge, she said in papers filed by her attorney: First Turboprop Cargo Plane For AF Flown BUKBANK, Calif. O^—The Lockheed YC130, first turboprop power cargo plane built for the Air Force, is at Edwards Air Force Base for extensive flight tests. The four-engine ship was test flown there yesterday, a distance of 60 air miles. The craft has a wingspread of 132 feet, double wheels on the nose gear and double landing gear wheels in tandem which retract into the fuselage. It can be loaded from the rear of the fuselage. Designed for logistics support, assault missions and air evacuation duties, it has T56 Allison engines capable of lifting it quickly. The plane was airborne yeeterday after traveling one-third of the run-way, engineers said. NOTICE OF FIXING OF APPLICATION FOR A RETAIL LIQUOR PERMIT Notice is hereby given that the undersigned has filed with the Department of Alcoholic Beverage Control an application for a retail liquor permit for the premises described as 212 N. Baltimore, located at Manila, Ark. Said permit to become effective immediately, if granted. J. D. LITTLEJOHN. Applicant. 8/24/54 129.95 Adams Appliance Co. Inc. On Our Wide-Vision Metallic Screen AIR CONDITIONED FOR YOUR COMFORT Tues., & Wed. Double Feature Box Office Opens 6:45 Show Starts 7:00 p.m. Admission 15c & 35c At All Times DOUBLE FEATURE THE STORY OF }m GRACE MOOREfj, ••<>*: _ M^TKNMlCOMMt •Sr DONNELL—.-•»•» >c*u>. <~~r •in, mcmn DCKWM; • wucr GATES • MCHMD LOO • soo row. Slwv mt Scrm Pin tr, MttKRT PU*X* • fMrtucn* kr WNLLKt . sew .* BARBARA BATES • JOOY LAWRANCE. sc™ n* * mm £W»AJKB rA MHMO WJINt • f.wSttj ty JONIE TAPS Omctetf Sy K''CHM6 OUWC ALSO SHORT Tues., Wed., & Thurs. Double Feature JOHN WAYNE ...They c&lled him. LJHondoL • 3 DIMENSION «» WARNERCOLOR •mt.Ttoir WARNER BROS.'-a""**^"* GERALDINEPAGE .»»- WARD tOND • MICHAEL PATE • JAMES i^*** ,..T,"u:»;:^- ^s?im«, • JOHN'FARROW £R BROS —AND- Plus Cartoon fr Cited Rooster" AIR CONDITIONED BY REFRIGERATION Listen to KLCN at 10:10 a.m. and 4 p.m. for Ritz in Rosy Program Announcements Tuesday - Wednesday BOX OFFICE OPENS 12:45 SHOWS START AT 1 P.M.—5 P.M.—9 P.M. GREATER THAN EVER ON WIDE SCREEN!* FULL LENGTH! UNCHANGED! * urn o.saz*cn NMCAKT MTQEILI ^ GONE WITH THE WIND CLARK 6AELE- VIVIEN LEIGH * LISUEHOWD OLIVIA feHAVILLANG ASEUMCKINTERMT10IMIPICIIK .TECHNICOLOR w u \1 \r \i M ADMISSION PRICES Adults 50c at AH Timts, Children 15« At Matinees—25c at Night Cinemascope Pictures Coming Soon to Ritz "THE BROKEN LANCE"—In Technicolor, wHh Spenc«r Tra-cy »nd! Richard Widmark j •THREE COINS IN THE FOUNTAIN"—In Technicolor, with Clifton j Webb and Jean Peters i 'GARDEN OF EVIL"—In Technicolor, with Gary Coopor and Susan j Hayword. j 'DEMETRIUS AND THE GLADIATORS"—Iti Technicolor, with Victor Mature and Susan Hay-ward, •PRINCE VALIANT"—In Technicolor, with Robert Wajrner and Janet Lcish. earnest desire . . . that the author or authors of this information be produced in order that the error may be demonstrated and that I be given an opportunity to vindicate myself." Wishing We// Yield* Treasure DETROIT (^—Workmen cleaned out a wishing well at the Detroit Institute of Arts yesterday and found $1,206.07 in small change. The well was placed in the lobby several years ago when Institute officials sought to discouragt visitors from tossing pennies in a fountain exhibit. The pennies clogged the fountain and resulted in high repair bills. The money win be used to purchase new exhibits for she museum. Wif Wst nh Ml "Mommy, can I stav at grandmother's tonight?" That was little Carol's very first telephone call — a real thrill that can hardly be measured in dollars and cents. Yet, Mrs. Caroline Niemeyer, Carol's grandmother, can tell you what that call cost. She is one of a group of customers who kept day-by-day records of calls made for a week — a total of 30 calls covering 133 miles. Then she broke her telephone bill down into the actual cost per call. "I was amazed," she reported, "at how little my telephone service cost for all the convenience and happiness it delivers." SOUTHWESTERN BELL TELEPHONE COMPANY ... A ISAM Of 3,800 ARKANSAS TELEPHONE PEOPLE ... AT YOUR SERVICE. AUCTION BY ORDER OF THE U. S. District Court VICTORIA SALIBA DOING BUSINESS AS VICKIE'S SHOP All store fixtures, equipment, and stock consisting of ladies, misses, children! clothing, dry goods and notions. At Premises Formerly Occupied By Bankrupt 330 SOUTH DIVISION Blytheville, Arkansas Thursday Aug, 26 10 a. m. Starts 10 a, m* James W. Steinsieck Trustee M, B. Seligman Bonded Auctioneer Bonded This Stock will be offered as a whole And in Lots to obtain Best Price for the Estate. Cangress Passes FARM IRRIGATION BILL NOTICE: Irrigfation loans by Aft of Congress soon available. Bill signed by President on August 20. W. D. COBB Civil Engineer—County Surveyor Will make a topographic survey, detailed plan and cost estimate for your contemplated irrigation or rice flooding program. Phon« 3-6224 28 Years Experience W. D. COBB CONSULTING ENGINEER 1063 Hearn Si, For Fine Foods, Choose PICKARD'S GROCERY & MARKET We Deliver Nationally Advertised & Fancy Groceries 2-2043 Call In Come In 1044 Chick Westbrook Irrigation Co. 225 N. First Phone 3-4161 Has Everything to Irrigate Anything Tht Ability to Engineer and Install Sprinkler or Flood Systems The Equipment and Trained Mtn to Maintain tSTIMATiS WITHOUT OBLIGATION

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