The Courier News from Blytheville, Arkansas on January 13, 1956 · Page 4
Get access to this page with a Free Trial
Click to view larger version

The Courier News from Blytheville, Arkansas · Page 4

Publication:
Location:
Blytheville, Arkansas
Issue Date:
Friday, January 13, 1956
Page:
Page 4
Cancel
Start Free Trial

Page 4 article text (OCR)

PAGE FOU* BLYTHEV1LLB (ARK.) COURIER NEWS FRIDAY, JANUARY 13, J958 U. S. Budget So Complicated It Can Fool All but Experts By SAM DAWSON NEW YORK (AP) — The federal budget is such a complicated affair by now that perhaps President Eisenhower should have chosen Friday the 13th to unveil it instead of waiting till Monday. Carefully and conscienciously as it may have been drawn up. the budget has become so unwieldy over the years that it can fool all but the most expert. The most honest ol budgets is so tricky by now that it's possible to say: 1. After 20 years of social security and similar programs, the Treasury shows a cash balance now only when the regular budget calls for a deficit of two or three billion dollars. No deficit in the regular budget and the Treasury will have a cash surplus. Could "Be More 3 The actual sums the Treasury Will spend In the next fiscal year could be considerably more than what Congress is being asked by Marilyn Picks 1st Production HOIiYWOOD (.<P) — Playwright Terrence Rattigan's "The Sleping Prince" will be the first independent production of Marilyn Monroe Productions, Inc. Marilyn will star in the part played by Vivien Leigh on the London stage. The picture may be filmed in England next summer or fall. Miss Monroe's corporation recently signed a seven-year contract with 30th Century-Fox. Her first picture for them, "Bus Stop," will be made before "The Sleeping Prince." the President to authorize .at this session — and the sums could be less, and all legal. 3. The sums the Congress finally will appropriate also may be more c.r may be less than the Treasury will actually spend in the next fiscal year. Authorization isn't the same as appropriation, and appropriation isn't the same as spending — although sooner or later the government always gets around to spending plenty. The reasons for these seeming are these: The cash budget covers all the income the Treasury collects from the public and all the payments it actually makes to the public This income includes money which isn't counted in the regular budget the President has prepared for the Congress. This money chiefly consists of receipts the Treasury collects for social security and other trust funds. It isn't counted as government income, but the. Treasury can and does use it in its daily dealings just like any other cash receipt. Excess Receipts For years now most of these trust funds have been collecting more from the public than they pay out in benefits. For their excess receipts the trust funds get special government securities. The interest on these securities bring in a billion dollars or more a year to the funds — although the actual Wells-2"to 16" Irrigation - Industrial - Municipal - Domestic WATER is our BUSINESS We Drill For It Pump It Soften It Filter It Cool |t Irrigate With It . GINNERS - TAKE NOTICE: Let us furnish your water needs for fire fighting power unit cooling, for statifiers. HOME WATER SYSTEMS 3 Years to Pay Complete iron removal, filtering and softening systems built to fit your needs. We have the answer to your needs for greater water volume and pressures. McKinnon irrigation Co. Phone 1T2 or 190 — Manila, Ark. cash stays in, the Treasury and is credited to the funds. The interest payment, however, like all the other billions the Treasury pays out on the federal debt is counted as an expense item in the regular budget. In short, collections on behalf of the trust funds aren't counted as income, although '.reated as cash by the Tr,eesury, while interest payments to the funds are counted as expenditures, even if the funds may not see the cash. In this way, ,li lnUk« ami Uie Treasury! outgo can be in balance even if the ordinary budget fsn't. The difference between actual spending and the authorization and appropriation of funds by Congress can be just as confusing The various departments of government often have large carry-overs of sums appropriated in former years for their use. That is how spending for foreign aid could be maintained at the old rate this year although Congress cut down on the appropriation for it at the last session. Guard to Stay At Nylon Plant PENSACOLA, Pla., Jan. 13 (£>)— National Guardsmen probably will remain two or three days more at the nylon plant of the Chemstraiid Corp., Sheriff R. L, Kendrick said last night. The guard arrived Wednesday on Gov. Leroy Collins' order after several persons were beaten, cars o v e r t u r n-e d and car windows smashed in demonstrations Tuesday over hiring practices of the Daniel Construction Co. There has been no trouble since then. The Greenville, S. C., firm is constructing synthetic yarn facilities at the plane, one of the world's biggest nylon plants. A temporary injunction banning picketing at the plant entrance was issued by Circuie Judge E. E. Mason. Pickets said they were protesting the hiring of out-of-state workers. Paper Machine Was Fire Alarm CHARLESTON, W.Va. (/P) — The woman thought a newspaper popped right out for you when you pulled that lever in the box on the utility pole. But instead of getting a copy of the Charleston Daily Mail, the unidentified woman at Dryden and Bullit Streets got three screaming fire engines yesterday. The newspaper dispensing bag hangs on a utility pole just below the fire alarm box. Fourth A-Sub WASHINGTON Wl — Construction of the Navy's fourth atomic submarine, and the first to be built in a government shipyard will start officially Jan. 25 at the Portsmouth, N. H., naval shipyard. RISKY — Ingrid Bergman, the controversial star who left her husband and Hollywood for remarriage and movie-making in Italy, caused one of Hollywood's biggest hassles in 1955. The d«hate was over the casting of Ingrid in "Anastasia." Many movie-makers and theater owners believed her conduct had made her unpopular with fans. But Producer Darryl Zanuck took the chance. Exhibitors are watching the picture's box- office record with keen interest. Accused General Profits from Trial SCOTT AIE FORCE BASE, 111. (;P)—An Air Porft general, fined 5500 and reprimand, has profited by $2,440 in pay and allowances during the inquiry leading to his punishment. Ma]. Gen. Byron E. Gates, 60, former commander at, Chanute Air Force Base, 111., was punished for giving preferential treatment to private insurance firms for his personal gain at the air base. The Air Training Command Wednesday told of.Gen. Gates' profit. He had been retired with a monthly pay of $804. For the inquiry he was recalled to active duty for six months with a total pay of $1,294 a month. With the J500 forfreiture deducted, he was ahead by $2,440, the ATC spokesman said. Dog Is Home, Boy Is Proud LOS ANGELES (.P) — Gunner Is back and 1-year-old Tommy Zichek remains convinced that his dad is the best sleuth on the police force; Tommy called his dad Wednesday night at police headquarters and said two men had just stolen his beagle puppy. "Papa, you're a policeman. Catch the people who stole Gunner." His dad, officer John Zichek, had to turn the case over to sheriff's deputies. Since the dog was missing from in front of Zichek's East Pasadena home, it was out of his police jurisdiction. Actor Donald Covert, 30, called Zichek yesterday. He said he had pickde up the dog when he saw it wandering in traffic. Later he read about' the missing dog and notified the officer. Zichek immediately picked up Gunner. Two Men Held in Abortion Death of 20-Year-Old Girl NEW YORK (ff)—Police »ay the mystery of missing Jacqueline Smith has been solved, with the arrest of two men on charges ot homicide. But authorities must now go through the gruesome process 'ot finding the 20-year-old girls oody. Held without bail yesterday for hearing next Thursday were Thomas G. Daniel, 2*, the pretty blonde's boy friend, and Leo Pi- juan, 46, accused of performing a fatal abortion. Both assertedly admitted they dissected the girl's body and dumped the dismembered parts in trash containers. The case broke wide open with the questioning pt a young Mexican doctor, Ramiro Morales, who said he was called in during the course of the alleged abortion in Daniel's Manhattan apartment, pronounced the girl dead and left. Police said Morales, only recently arrived in this country, did not know it was the law to report the ' LARGEST NATIVE / The American bison is the largest wild animal native to the United States. Its average weight is about 1800 pounds, but a large specimen has weighed as much as 2190 pounds. You Can Own Your Own Home HOMES FOR SALE Two, Three And Four Bedrooms Complete with All Fixtures Bathroom, Kitchen Sinks, Hot Water Heater and Space Heaters Completely Remodeled (like new) Inside and Out If You Own Your Own Lot - No Down Payment Is Necessary All You Pay Is Moving and Closing Costs. Delta Home Investment Co. OPEN WEEKDAYS AND SUNDAY 8 A.M. to 6 P.M. Arkansas (Formerly Vtrcrans Housing Quarters) r-hon. 3-3369 death himself. Morales technically wa* placed under $25,000 bond last night and released to custody of police so long as he cooperated in the investigation. • General Sessions Judge John A. Mullens emphasized that the physician was in no way accused of any part in the alleged crime. In the event that Miss Smith's body never was found, Morales' testimony could conceivably sustain a homicide charge against the two defendants. Miss Smith came here from Lebanon, Pa., about a year ago with ambitions of becoming a fashion designer. She met Daniel last June and dated him steadily.- She was never seen again after a Christmas Eve rendezvous in Daniel's apartment. . Engagement CndeJ HOLLYWOOD W)—The engagement of actress Janice Rule and Hollywood's perennial bachelor Farley Granger is ended. Her studio, Head Courier News Classified Ads. JAMES A CABLE Distributor Arkansas Fuel Oil Corp. CITIES SERVICE PRODUCTS I would like to inform all my friends in the Blytheville area that I have recently been transferred back home. I was born and grew up two miles south of town and I am very happy to be back. I have been distributor for the same company .for the past eight years in the Southwest part of the state and I am thoroughly familiar with the products and the business. I earnestly solicit all my friend's business and would greatly appreciate a continued business with the old customer who have been using Cities Service Product. In announcing the termination, gave no reason but Indicated the couple parted amicably. Their romance began when they were ca»t In the Broadway show "Carefree Tree." The engagement was announced m November. Railroad Salvage Agency PUBLIC AUCTION SALE Consisting of unusually large release. Overshlpmtnts or damaged or unclaimed freight. Blytheville, Arkansas AMERICAN LEGION HUT 2Z8 N. Second St Saturday, January 14, 1956— 1 p.m. Sale starts on time. Will last approimately one hour. This merchandise is Alt NEW. E««.r.. ™ly th. SOLID and TJSAB1J5ENPS of .hlpmentl. "ills the products of some of the nation'sTeadlng manufacturer* • CONSOLE MODEL SEWING MACHINES that mre nationally known and advertised, carrying a retail value of $169.50. • PORTABLE SEWING MACHINES that have the latest automatic features. '• LARGE K" POWER DRILLS. • CHROME AUTOMATIC DEEP FRYERS. • 100% INNERSPRING MATTRESSES CARRYING AN EFFECTIVE 10 YEAR GUARANTEE. • ALL STEEL FOLDING INDEXES OF HIGH SPEED DRILL BITS. • WHITE OUTSIDE HOUSE PAINT. • LARGE HEAVY DUTY TARPOL1NS. • PLATFORM ROCKERS. Is sold with your privilege-of taking one or more of any Item. WE EXTEND A SPECIAL INVITATION TO THE LADIES. R. Amos Rasner, Auctioneer TERMS: Cash or Your Personal Check WE RENT • HOSPITAL BEDS . . . BABY BEDS • ROLLAWAY BEDS • USED REFRIGERATORS • USED WASHERS WADE FURNITURE CO. 112 W. M»i« OUR ENTIRE STOCK EVERYTHING MUST GO NOW! SALE WILL CONTINUE THRU THIS WEEKEND Prices hove been cut to their very lowest on every piece of merchandise in our store. This includes all undamaged goods. If you think you will be in the market for furniture, lamps, electrical appliances, in short any item we carry, NOW is the time to buy. FIRST COME-FIRST SERVE Come Early While the Selection Is Still Complete ALL SALES CASH-ALL SALES FINAL ALVIN HARDY Furniture Co. "Complete Home Furnishers" 113 E. Main Phone 2-2302

Get full access with a Free Trial

Start Free Trial

What members have found on this page