The Courier News from Blytheville, Arkansas on January 4, 1956 · Page 14
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The Courier News from Blytheville, Arkansas · Page 14

Blytheville, Arkansas
Issue Date:
Wednesday, January 4, 1956
Page 14
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(ARK.) COURIER NEWS WTTOMBSDAY, 7AWARY-4.-19M- Business Has Lot At Stake in New Congress Session By SAM DAWSON NEW YORK (AP) — Businessmen — and those who work for them — have about as much at stake as the politicians in the new session o£ Congress. . Most of the issues that will divide the pohtjoaw will touch closely on business. Vital questions Include: taxes, highway building, foreign aid, farm subsidies, labor and minimum wage laws, public housing, defenese production, stock market inquiries, natural gas regulation, atomic and disaster insurance, social security extension, legislation on mergers and antitrust inquiries. The list offers congressmen plenty of opportunity to get rid ot any s u r p 1 u s the Treasury might build up through tax collections from prosperous citizens and corporations. Pew of the Issues will find businessmen undivided, any more than the politicians. Legislation Expires Most of the Issues will have to be met square on by Congress because present legislation will expire this year. Taxes are a prime example. On April 1. unless Congress acts, the rate on corporate income will drop to 47 per cent from 52 per cent, and the same day the excises on many goods will decline to lower rates. Businessmen genereally resigned to quick action by Congress to keep these taxes from being eased much, if any. As individuals, however, businessmen like everyone else look for a cut in personal income taxes as an election year token. i On most other questions busi- \nessmen are pretty well split. Foreign aid is an example. Companies with connections or markets abroad are more likely to see good points about the administration's proposal for more spending than are business firms who are affected directly only by the chance more foreign aid would just mean more taxes. Highway building programs will find business groups battling each other: over the amounts to be spent, how much by the federal and how much by the state governments, and how the money is to be raised. TO VISIT —President Castillo Armas of Guatemala, who successfully led last year's revolt against his country's Commu- nist.infiltrated government, will arrive in the United States for a visit Oct. 31. His wife, Dona Odilia, will accompany him. Dynamite Found Under Street BINGHAM, Utah (/P) — Officers found a sack full of dynamite and blasting caps in a culvert beneath Main Street yesterday. Deputy Sheriff Elmer Pantalone said the dynamite was. so old that a rock tossed into the culvert could —if it had struck the sack—have blown up the street. Pantalone said the explosives had been taken recently from the U.S. Smelting and Refining Co. plant near here. Bellhop Sought in Ex-Wife's Death PHOENIX, Ariz. W> — Police today were trying to find a 50-year- old Los Angeles bellhop to question him about the fatal < shooting of Mrs. Carmen Pedrin, his former wife and mother-in-law of tennis star Pancho Gonzales. Mrs. Pedrin, about' 47,.a jewelry shop clerk here, was'j found dead in her apartment yesterday. She had two bullet wounds in the head. Police said they found no gun in the room and figured she had been murdered. Publicity Stunt Worth Only $750 LOS ANGELES Wj—Being "honeyed and feathered" during a publicity stunt was worth S750 for brunette model Mrs. Marguerite Ventre. Mrs. Ventre, 21, had asked S70,- 000 damages for having pots of honey and feathers dumped on he- head whle she stood in a bathing suit next to a Hollywood pool three years ago. When the case was called to trial yesterday in Superior Court, she accepted the settlement. Named as defendants were singer John Arcesi, disc jockey Eeter Potter. Capital Records, Inc., press • agents Bud Freeman and Ed Sco- Jield and the Superior Honey Co. In Los Angeles. Homicide Sgt. S. R. Lopez said Joseph. Henry Addington, Mrs. Pedrin's former husband, got several days off from his job as a bellhop and told his bellhop captain he was going to Phoenix Sunday to visit friends. He had not been heard from since, Lopez said, and is being sought in Los Angeles and here. Mrs. Pedrin's landlady, Mrs. Altah Rose Maris, said she smelled gas, entered the room and found the body on a bed. The room was filled with gas from a leaking heater, she said. \ Suit Dropped LOS ANGELES If) — A $75,000 damage suit against singer Billy Daniels was dismissed yesterday in Superior Court when the blonde showgirl who claimed Daniels beat and kicked her, failed to appear in court. Daniels has denied assaulting Miss Patricia Hirsch, 26, in his Mocambo night club dressing room Aug. 5, 1954. Paint Closeout Many Types And Colors \ Price Hubtard Hardware SAVE BY THE 10th OF THE MONTH AND EARN FROM THE FIRST. EXTRA DAYS TO YOUR CREDIT! Sare any amount at any time—kiH k«ep h working for yo«, Savinct kere tarn more, — are >aff- Jy insured, anil ready tchcn xrriifii. Current Dividend Rate 3% Blytheville Federal Savings & Loan Association NIOM 1-H53 ONCI AOAINI THI CLIARANCI WITH SAVINGS YOWI BIIN WAITING FOR twice-a-year HAFFNER & MARX Ring Making way for new spiring merchandise means substantial savings for you! We've collected racks of regular stock, first quality Hart Schaffner & Marx suits, outercoats, and sportswear ... and red-penciled price tags drastically. It's not our entire stock... but assortments are wide and varied ... and savings gratifying. But be here early for best selections! HART SCHAFFNER & MARX SUITS REGULAR PRICE-$65.00 NOW$49J5 REGULAR PRICE - $75.00 '.... NOW $59.75 REGULAR PRICE - $85.00 NOW $64.75 HART SCHAFFNER & MARX OUTERCOATS REGULAR PRICE - $55.00 NOW $39.75 REGULAR PRICE - $69.00 NOW $53.75 REGULAR PRICE - $75.00 NOW $59.75 NATIONALLY ADVERTISED SPORT COATS REGULAR PRICE - $45.00 NOW $29.75 - REGULAR PRICE -$32.50 NOW $21.75 REGULAR PRICE - $29.50 NOW $19.75 Many Offer Values Await You In Our Annual January Storewide Sale USE YOUR CREDIT 30-60-90 Day Terms ALL SALES FINAL No Exchanges No Refunds

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