The Tampa Times from Tampa, Florida • 15

iyces ship christened scare The largest general cargo ship built anywhere in the world was christened today in Quincy, Mass. as the SS Almeria Lykes. The huge vessel is the first of three being built the same as the rendering shown above. AH of the ships will be 875 feet long, 106 feet wide and have speeds up to 20 knots. The vessels are each equipped with a single screw, 36,000 horsepower engines the most powerful in the world.

Lykes Steamship who will get the carriers, state they have a heavy lift capacity of 2,000 tons that is not likely to be exceeded soon. The ships will be used in the Gulf-Continental-EuropeUnited Kingdom trade routes. Page 5-B Saturday, January 15, 1972 mmmmmmmnmMmmmimmmmmimmiimiummm.iimi irnnmnn I i rinimimmmrrpiMwironpnniiftwrilfliiiwiiiii Busch pi sins 1 trtop view ing Ben Blackman 4 1 a '-'-y K-'-' ti ''v yiVSiSiiSiSsJjfesM A "treetop" observation outpost will be added to the tour of the African Veldt at Tampa's Busch Gardens at a cost of some $250,000, according to an Anheuser- Busch, official. The outpost, already under construction, is patterned after the famous "Treetops" in East Africa and will be accessible to Busch Garden vis-istors who ride Trans-Veldt Railway through the African Veldt, said Robert Bean, general manager at the big attraction here. The building will be of rough wood construction and is elevated from the surrounding area by wood columns.

There will be three floors of viewing area, providing ample space and excellent view sfor photography of animals that inhabit the veldt. Stairs and graduated sloping ramps for the elderly will provide additional vantage spots from which to view the wild animal kingdom. "Guests may stay at the outpost as long as they like," Bean said. "There will be a snack bar and rest rooms to accommodate those who linger for more pictures and a second look-see." The picturesque view1 already at the African plains will be increased by special displays near the outpost and animals will be enticed to approach the area even more closely by means of salt licks and other enticements. The outpost is part of the $2.5 million African Village and Trans-Velt railway system that traverses the entire 278-acre complex at Busch Gardens.

The train system has been in operation since the middle of last year and consists of replicas of two turn of the century steam engines. The train operates over a different route than the monorail and travels through two tunnels along the route. A 1,000 seat amphitheater is also being built at the gardens. It will be the scene of numerous acts by trained animals from small creatures to elephant dances, according to Bean. There will be no extra charge for the treetop outpost, and when a visitor has seen enough from that vantage post, he can catch the next train and continue his tour of the African complex.

jNo interest, drop seen Tampa banks indicated today they have no intentions at this time of lowering the interest Jrate'of 4.5 per cent they pay on regular pass- 'book savings accounts. First National City Bank in New York an-iiauhced yesterday its savings account rate 'ivCuld be dropped to 4 per cent effective Feb. 1. f'lPurther, the big New York bank said it is also lowering its base lending rate, formerly referred to as the prime rate, to 4.75 per cent effective Monday. -Banking executives at all the institutions in Tampa state firmly the supply and demand on money is such they can still pay the 4.5 per cent on regular savings at this time.

lot depends on the continued demands for loans," said a Marine Bank Trust Co. "There may be some variations in tates on larger, certificates of deposits and other papers, but we feel that we can continue vth the present 4.5 per cent at this time." The prime or floating rate does not affect the, local financial institutions nearly so much as the larger banks. "Actually, the prime rate is influenced by competitive factor, mostly in the big city banks," Marine Bank president Clewis Howell The Times in earlier statements. "It is a reflection of the short-term money market. He said banks here are just not in the huge ''commercial lending markets such as that of Fjrst National City and other institutions.

As for any rate changes at this time, First Rational Bank of Tampa's Art Wiggins said: "We haven't even discussed it here vet. 111 New Busch outpost Rendering shows what vantage point will look like boosts rent RS reports illegal Tax deadline nears is also necessary, and it cannot be for at least 30 days after the tenant receives the notice. A landlord may increase rents on a dollar for dollar basis to reflect his increased costs in property taxes, government fees and. levies and charges for municipal services, if they occur after Dec. 28, 1971.

He must show the dollar amount, which serves as the basis of the 2.5 per cent, based generally on the amount paid regularly, before the freeze of Aug. 15, 1971. A tenant must be informed that he can examine the landlord's records that indicate the increase is necessary. A statement must be furnished the tenant that he has a right to meet with the landlord to discuss the increase. And the landlord must also certify that to the best of his knowledge the increases does, has exempted from controls rents on com-lations.

O'Donnell said the cost of living council as exempted from controls rents on commercial, industrial and farm property, plus new dwellings offered for the first time. The Internal Revenue Service (IRS) office in Jacksonville said today some rents are being raised by landlords without properly notifying tenants as required by price commission guidelines that went into effect the first of this year. No specific apartment complexes in the Tampa area were singled out by district director A. J. O'Donnell but the IRS official said rents are still subject to the economic stabilization controls.

He said owners and managers must notify tenants in writing at least 30 days in ad vance of any intention to raise the rent. O'Donnell said a landlord's ability to raise the rent is governed by eight points, and all must be included in written notification to the tenant. He listed the points as follows The dollar amount prior to the increase must be shown as well as the amount of money to be paid after the increase. The percentage of change in dollars to be paid by the tenant must be listed. This generally cannot exceed 2.5 per cent.

The effective date of the new rent price rvnir -fam Have rpmam before the Jan. V11XV J.V in i fn final navmput nf 1971 estimated Value added tax: A new name for an old idea federal income tax, the Jacksonville office of 'Tnternal Revenue Service (IRS) said today. Some persons may have to make an estimate by the deadline if their in-- 'come changed substantially during the last quarter of the year. Other taxpayers may have to file an original" 3.971 declaration of form 1040-ES by tne same date, if they just met the filing rquire-, Stents of the fourth quarter. Payment of the last installment or the fil-'ing'of an original or amended declaration normally due by Jan.

17 is not required if the taxpayer files his 1971 income tax return and pays all of the tax due by Jan. 31, 1971. Guest speaker 1 James L. Gorman, executive vice president of the Florida Retail Federation, will be guest speaker in Tampa Tuesday evening at -a joint meeting of the Credit Managers Association and Administrative Management Society. Gorman is expected to run the gamut of pending legislation for the 1972 session which is pertinent to the business community.

The affair will be held at the Sheraton-Tampa Motor Hotel, beginning at 6:30 p.m. hg- UU'ii of production, thus assuring a constant relationship between tax and product value. Such a concept is really not new at all. It was considered in the United States as early as the 1920s and actually was put into use, but later repealed, in Michigan. It is used throughout the Common Market countries.

Now the Nixon administration indicates it is seriously thinking of VAT to finance the nation's schools in Case the supreme court rules that it is unconstitutional to support local schools through property taxes. The arguments for such a tax are numerous, but perhaps were summed up by Richard Lindholm, a tax authority, professor and administrator, in an article he wrote for the Tax Foundation: "VAT treats the production of land, labor, capital and entrepreneurship equally. "The base of VAT is as broad as the Gross National Product and therefore very stable. "Payments of VAT are made after income from transactions has been received. "Under VAT, all businesses are treated the same, no matter how organized, financed or type of economic activity." In Lindholm's view, the federal corporate profits tax discourages efficiency and en-courages monopolies and wasteful expenditures.

VAT, he argued, would permit a reduction of tax rates and administrative problems. Some critics won't agree with such an assessment. Rather than reducing administrative problems, they say, it would add to them. But one thing is certain, a value added tax would bring more objective standards to a game that is now replate with special interest exceptions. Another tax authority, Dan Throop Smith, Harvard finance professor, is among others who endorse the VAT.

These are some of his reasons for advocacy, taken from a conference board panel sessions two years ago: It is neutral with respect to the form of activity and the sources. By JOHN CUNNIFF NEW YORK UR As "anonymous" once said, "The Internal Revenue Service should be mighty glad the taxpayers have what it takes." The taxpayers always have come through. They always have had what it takes and the government has always taken what they had, although sometimes not without considerable resistance. Every so often that resistance reaches the point of rebelliousness, and one of those times seems to be now. Smol-d i tax revolts have erupted from time to time, especially in regard to expensive school bond issues.

Does this mean that taxes will have to be appreciably lowered? likely not. But the name of the tax, the type of tax and the taxed may have to be changed. That's the game's name. Innovation knows no limits in taxation. One of the newer candidates for consideration is the value added tax, under which a product is taxed according to the value added cost versus selling price at each stage Staff photo by Aofast Staebler should.

However, a check with Arnold Construction prime contractor for the 36 story First Financial Tower, discloses the incline on each floor is intentional and marks the ramps where automobile parking will be available. The slanted levels will reach only through the eight floor of the $16 million structure. A crooked bank? No one has even whispered that the First National Bank is not a straight financial institution, but the framing lines of its new building in downtown Tampa don't look quite on the level many people think they "VJTve had your expense account framed as a warning 1o the salesman I've hired to replace you.".