The Courier News from Blytheville, Arkansas on April 5, 1948 · Page 9
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The Courier News from Blytheville, Arkansas · Page 9

Blytheville, Arkansas
Issue Date:
Monday, April 5, 1948
Page 9
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MONDAY, , 1UI New Withholding Tax Forms Being Rushed to Employers By U.S. Treasury Department . WASHINGTON, April s. (U.P.)-If you are one of Ihe 50,000,000 taxpayer, under the ,-ilhholding system, the new tax reducUon law will .Urt »*"lng you off May i. • I It will•?««! like « wtgt nlu. Your take-home pay will be lar»er»be- «UK jour to. will ,Urt withholding ttn monej . f^ Jlour „ the tax collector. ^ Einstein Has New Theory on Gravitation Suppose you're one of the 5.000,000 who pay your Income taxes in quarterly payments? The benefit to you starts June 15. That's the day the next, quarterly payment Is due. Your quarterly payments will be smaller from then on, provided you flle an amended estimate. But don't look in your mail box right »way for tax refunds on the excess withholding taxes you have paid during the first'four months 01 this year. It is possible—but not necessarily so for everybody-that you'll have a refund coming. But you'll get it next year, riot in 1948. The tax cut was hack-dated to Jan. 1, 1948. so for about four T,l ,!i V £!' ybody has been P»y"<l? at (he old higher rates, and has paid ' too much. I But, should your Income Jump I sharply during the year, this overpayment might be absorbed by a Jlteher tax liability. Thus, no re-i •TW That's-J«st one. reason why I the treasury can't start mailing out I refunds now. What do you do about getting what you have coming? ig? Most people on withholding hare nothing to do until they make'their final return between Jan i and March )5, 1949. The exceptions are persons over 65 and the blind. The new law gives (hem an additional s«00 personal exemption A man who is over 65 or who is blind But for the others subject to withholding, a;iy refund due will be Paid sometime after March 15 1949 The refund would be the difference between what was withheld and the actual tax due. If you don't get everything .you mate, you can claim your refund when you make your final 1948 turn next year. As for employers, the Internal Revenue Bureau soon will have the new schedule of withholding rates '^ the mails. w All told, some 55,000,000 taxpayers will have about $4,800.000 000 more in their pockets than they -1 By Paul r. T.lUt United Pr':» gclence Writer NEW YORK, April S. (UP) - Albert Einstein today offered "a new presentation of the generalized theory of gravitation," another milestone In his quest lo determine re- gravitation. * His new presentation was pi;b- lationship between electricity and lished In the review of Modern Physics, and Wi.i written In mathematical language so lough that perhaps no more .than nnc person in n million could understand it One expert in physics, when asked to comment on Dr. Einstein's new paper, frankly said: "Dr. Einstein has gone off into > mathematical world of his own," The new Einstein report is entitled "A Generalized Theory of Gravitation." II runs about 000 words, including numerous mathematical quotations, incomprehensible to the untrained brain. One associate of Dr. Rinstein said that the presentation marks "another milestone" In'his attempt t<. find basic laws for electricity and gravitation. "It is our aim lo achieve * theory of the total field by a generaliza- tion," Dr. Einstein said. From there on, the article Is in (he Inngung.j that few mental glanls can understand. One Physicist said that "There just are not words to express it in laymen's language." The new paper recalled Einstein's first [heory of relativity, which scientists themselves recognized as important, but had difficulty in understanding at first. It was years before the educated layman could comprehend it. The theory—and Ihe fact that It was correct—made possible the atom bomb. It also unlocked many mysteries of nature. Facing Trouble Again (AiK.y oov*n» ,™_v-, .., , , ^usa .-..»JUmU*g.**!BnrOBCSMB['aME,~a Because of his failure to answer a stibpena, ordering him to «p- PMC before the President's coal dispute fact-finding panel, John L. Lewis left himself open to a possible fine and jail sentence. Mhis unusual camera study was made after Lewis was Informed of the 'possibility. Automotive Hint When a car is driven nl a high rate of speed, oil consumption increases rapidly and. for this reason. the oil supply .should be checked frequently on a long motor trip. would have had without the new tax law. Here are some of the reasoris: ;,:,,.;: J Tax rates have been "cut from five to 12.6 per cent. Personal exemptions have been raised from S500 to S600. The "standard" deduction ceiling has been vipped from $500 to $1,000. If you don't want to itemize your charitable local tax, medical and other allowable deductions, you can tell the tax collector they took 10 per cent of . your Income—up to $1,000. The top used to be $500 if you didn't itemize such deductions. You don't have to, but you can. for tax purposes, split your income] with your wife. This gives all mar-1 ried taxpayers the same break's en- I joyed by those in the 12 community property states. Income splitting, however, is of most benefit to families with incomes of mors than 55,000. A married man who has already filed a joint declaration can amend it to fit into the new split system. A married man who filed a scpa'- rate declaration can amend it and switch to a joint. The split income provision does not affect the withholding system. A married man under withholding who wants to lake advantage of it would have to wait until he files his final return. School Children Repay Cop Who Looks After Them BOSTON, April 5. (UP)—For almost a decade-Policeman John F. Barrett, 39, hns watched over (he youngsters at Bullfinch School—so Saturday they were taking care of him. A cop with a voice thnt cou'.d freeze a pint-sized Jaywalker two blocks away, Barrett knew most of the children by name. They said he coutd spot a potential hookey player by the look in his eye. There never was an accident involving a school child during Ba/- jetfs service at the school. In fact, ihe first accident was when Barrett got hit by a trolly car himself while directing traffic. When the children heard he had been hospitalized they held a mee'.- ing. They handed over precious pennies nnd bought flowers and fruit for Barrett, Barrett looked tnem over carefully. He told one youngster to coma his hair. While eating a gift apple he explained what he would do t.o any .small iry guilty of jay walking in his absence. Before they lefl, two of the children patted hts big, red fist and then they trooped out under the big cop's glowering scrutiny. When the door closed Barrel broke into « grin winked nt nurse Kaleryn Alekel and boomed: "Great kids, huh?" D*v/c» f« Ditcovtr Disease Being Perfected NEW ORLEANS, April ». (Uj»)_ Dr. R, c. Williams, •.•wlstara »ur- t»on general tor th« U. a. EMblle He.lth Service, Washington, uld her* Saturday that a m«h,nlc.l <i«vlce to discover heirt dlwuw on H m * M b " 1 * "* "«"•«•'»* Pfrfec- lion. ' "Soon.- h. aid, "wen b» >bl« to check people for heart. ctj M a.u M quickly M we can examine l!,,m lor lubemilo«l» by th, micro-film " tu*d M promt t* firK h»»rt ailment*. Final deUlU >r« being worked out, r>r. Willl.rrm aald by Dr. ». J. »oon«, a U 8 F X H «l*n- tjit, at Tempi* Unlv«r»lty, «illad*l- phla. '.'Tra n«<£.d«vlct wlll.ahow ehaB- tn In th« h*«H and heart, muaela" Dr. William*- laid. ';W« >,„„, ^ hav. unlU ^*,, u p fot trial In «||. nlca quit* »oon.-, A/Ur th» Wnk» ir» worked out, well k» aW« to rim p««pl« throuth aa f M t M health department* eut i-riv chejt* fcr micro-film," V 1 "* The device, he said, ' I, more jlm- electro-ortltom-nph R«*<l Want I sit '...^ Joe Marifc Ar« Yo*i "Hobby r«iitr tfcliir Wh»« M Carey „ _ modfl «f Ik, "Hyinr Cloud,- i< WM .k.riif • •ml?' I* rt*< Vi. rv,« f r(H , r»mll««. * Some wives mijjrht h«v« re«ti>le<l • hu.b.txi luadenly iliuUinc Kim- self i» Uw attic every night. But not Ed'i Prudenc*. When aht found him working l«t«, she brought him up nomt b»r «nd rmckeri... showed a real inlerwl in h>« hebHy ... until finally Ed had h«r he with tk« riffing. WM.I JM. M*. MM, .», ' W From wh»re 1 ait, • ... hobby c»n often bt « wi<V« . 1 1" fact, I'v« got th« mi»M» ented In tying Iriwl DIM • long with tH»t nwllow il b*«r, II make* the *v«iiii(< > well. i r (» r . Need Oyen Spacen Mature, dense stands of virgin forest, contary tq popular opinion, are almost devoid ot wildlife, t Only where the forest are broken by open spaces is enough food pro- I duced to support animal life in abundance. FOUNDATION _MACO »OTO. tTATt MWaO* . . . 401 FVtaMID MDO., Umi »OCK, MK, — ^^"^^•^••^^^^^^•H fteo/ Estott, Business, Form and Auto LOAN S fir huylnj. renn.nrlnr. ,. rem.dellnt ' - -• "•. wimin Kt rrmnn«lln, F.rm Una, .nd A«U UMni.'Quitk Service. INSURANCE AGENCY ' S. lii-lnjr.m BWt.-Gruund A. F. '•[)«•• Dietrich, Mana(i "Comtilele Innurance Service rh«n< III We Still Have • Some DEKALB HYBRID SEED CORN HIGH GERMINATING WELL GRADED • —SEE US TODAY— Caudill & Faulkner -liUigan Ridge Cooperative R.F.I). Route 2 Manila, Ark. CLOSE PLAY BUT HE'S* "SAFE"! .. . and you'll he safe too, with (he split second timing we give your car! Our check for spring goes into evei'y vital mechanical movement "to assure unexcelled performance. Give us your car torlay for a SAFE and SOUND automotive check! We Cote r to Truckers! LEE MOTOR SALES 308 E. Main OLDSMOBILE—CMC TRUCKS Funeral Insurance PHONE 4431 COBB FUNERAL HOME Blytheville. Arkansas ENJOY THE BEST IN PIT BARBECUE! AT THE — RAZORBACK DRIVE-IN Courteous Waitresses & Girl Car Hops 1Z:«« N«>n-12:»» Mid-nl Snnd.,, South Dm,j«m Sh Phont Local & Long Distance Hauling Moving a Specialty Anytime — Anywhere Any Place Buck Meharg 401 E. Main Sr. Phones: Day -1677 ISMrrhl 29S6 When In Need Of Shoe Repairing Call 4347 Free Tickup and Delivery! H A L F O R D SHOE SHOP IM Sou(h 2nd St, FOR SALE Get our prices on tested 12 inch lo 48 inch concrete culverts. Also concrete building hlorks. CALL ON US DIAL 691 We Deliver and Sell for Less Osceola Tile and CULVERT CO. Wt Deliver Phone £91 BABY CHICK TIME • BUY EARLY • BUY THE BEST A Complete Lin* of Feed We Buy Poultry! Lewis Poultry 419 E. Main Phone 3317 I Have On Hand At Ail Times Severn! tractors and equipment . . . both new and used ones JOHN DEERE, FARMALL »nd i other makes. Also. I have for i sale at all times 70 to 80 head ef * mules. Terms c»n be arranged, j Will trade for most unythlnf < you have'. , j New Ford Tractors Ready for Delivery F.C.CROWE 1 Mile S. »f Rranadocl* Concrete Tile Sewer Trie 4, 8 »nt t Inch Culvert Tile Sim 10, 12, is, U, ?i, Ji, N and 36 Inch A. H. WEBB Rwr. «1 «t 8UI« Un* Fli<m» Brrthvrfll* 714 PRESCRIPTIONS Fresh Stotk • Gtwranleed Best Price* Kirby Drug StoreS REDYED, the old sho« becomes smart, new appearing (particularly if also rebuilt here). We r«- dye shoes any color —perfectly. H fl LT€RS QUflLITY SHO€ SHOP I 1 1 W M a I M ST. Phone 2056 INSTANT RADIO SERVICE ALL MAKES , We gpetlilJH In F-M I.ntwt Model* .f New • Wefitinghousc •, Crosley BLYTHEVILLE SALES COMPANY r,. Main Ph.n. l«u Guaranteed RADIO REPAIR by Expert Call 811 Brooks Music Store 107 E. Main H»r»'t How to get Early Spring D*liy»ry on a Ntw EVINRUDE Get In «he»d of the iprini rush when there «re never enc-Ufrh Evln- I rude« to go «ro»nd! Call «nd choose ' your motor now. A 20% deposit' will giv« you priority delivery on *! sparkling new 'M Evlnrude. We will xccept i few used motors of approved makes M, fair tr«de-in »1- low«nc«. We huve In stock for Immediate delivery, * limited quantity of S 4-10 H.P. and 9 7-10 H.P. Evin- rudesl McKIN NON'S Free Delivery Call PICKARD'S GROCERY 2fl4S 1044 Cliick*Mwb« First National Insurance FOE COMPLETE PRbTECTIOX ...;•"''. Phorm 2SU ' ' : ' • : . 10^'North 2nd St. ' BILL WILSON', ', . , CHARLE1 Auto Body R«poir« Vis*,K. I Stand B«hlnd 12 Ye»r. ,f , th ;. Count/ BARKER'S BODY SHOP mjast Kentucky > PK^HM Flash Cameras At Barney's! 2006 West Main Sirwt ,,, ™«D FROM $9.90 t* $14.95 Him Development and Krw 5x7 Enl»r|«meiU ' „ „.. With Kaeh Roll ' Ron-l-ilin In All Si7.e S _E« s l man Kodak Film BARNEY'S Phon. 3647 2 00« W.O Main St. FARM £ LOANS *••• O»c«, N«nrfc, N. J. RAY WORTH! NGTON » *. Thlr* Si., JHjUtnSlL A! Thl. SrclL M »U1)F.NTIAI, IMSUKANCl COMrANT Of AmtKA r Still & Young Motor Co. Lincoln-Mercury Deafer Phone 3479 Blyth eT il|. A rk7 112 Wtat SL BEN WHITE & SONS GENERAL CONTRACTORS MAIN OFFICE- NORTH TENTH Phone 3151 S T U D E B A K E R Batteries H«aters Sun Shields Radios Seat Covers Tires New Motors Parts Everything You Need for Your Car We Repair 'Em AH Any Make Cars and Trucks... • Factory Trained Mechanics • Paint & Body Work • .Lubricating-A W; Wrecker S«rvic« New (f yon need a new ] i/, ( on or 2 ton Sludebaker truck w« h«v« it! CHAMBLIN SALES CO. "Your Friendly Studibaktr D*oUr" R.R. & Aih Sts. Phon*2195 , v ,EAST END V AUTO SALES' H»* th« car you want and ne*d! Phone 4191 or s«e us »t 503 E. Main CAN WATER All) IN ARTHRITIS? YES . . . If it's Mountain Valley ,Miner»! WnUr, th« health water from Hot'Sprfnft, Arkanw*. MOUNTAIN VALLEY—JM^t • SllmnUle kidney Mil**. • . . • Eliminate Ihe wuie*—•• •<*•• M •r Arthritis .ml CROSSTOWN WHISKEY SHOP tut MrMM Bl)(h«TilK Ark.

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