The Courier News from Blytheville, Arkansas on December 7, 1955 · Page 13
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The Courier News from Blytheville, Arkansas · Page 13

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Blytheville, Arkansas
Issue Date:
Wednesday, December 7, 1955
Page:
Page 13
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WEDNESDAY, DECEMBER 7, 1955 BLYTHEVILLE (ARK.) COURIER NEWS PAGE THIRTEEN Prospect of Tight Money Darkening Christmas Picture By SAM DAWSON NEW YORK (AP) — A yuletide flushed with prosperity is a poor time to bring up unpopular measures. But a few hardy souls are'doing that today — and, borrowing the nursery phrase, are insisting they are doing it only for our own good. "• Some swimmers against the tide of popular demand are saying this Is no time for tax cuts. Others are warning that if more Ameri cans don't start saving more money, there won't be enough to meet the demand of their neighbors tor new mortgages and maybe even for new gadgets bought on time—at least the available money will be so tight that interest rate will go even higher. Those opposing tax cuts and accusing fast-spending citizens ol being responsible for tight money (rather than the government, as many charge) are likely to win few friends just now. And it's questionable whether they'll influence many congressmen or consumers. Will Carry Through The plea to let taxes stay high is being heard by a House-Senate Economic subcommittee studying the effect of taxes on the economy. Good times have built up enough momentum to carry through next year without any stimulant from tax cuts, according to Edwin B. George, director of the Economics Department of Dun & Bradstreet. He would like to see taxes maintained at the present level and any Treasury surplus used for slum clearance and social security. This view is sure to be unpopular in many quarters. To Reduce Debt Another economist, ' Gerhard Colm of the National Planning Assn.. would spend any surplus 011 both military and nondefense programs. A industrial economist, Donald B. Woodward, chairman of the Pi- nance Committee of Vick Chemical, would use present tax rates to reduce the federal debt. The interest charge on that each year is one of the burdens the taxpayer bears. Last year Americans were sav- HARVEST SIGHT-Wearing a "gown" of lettuce leaves, 1955's "Lettuce Queen of Phoenix, Ariz., and the Valley of the Sun" helps during harvest of the vegetable in Phoenix. She's Betty Borkenstein, 23. Claims Error Cost $100,000 LOS ANGELES Wl — It was a tough break for contractor Jerry Artukovich, hut Los Angeles County is sorry it can't give him the S100.000 he forgot to list in his estimate on a flood control project. Artukovich explained to the county supervisors yesterday that through an estimator's mistake equipment rental was listed at 820,000. It should have been S120.000, Artukovich explained. But County Counsel Harold W. Kennedy told the supervisors that Artukovlch's plea to change the total cost of 51,089,935 to $1,189.935 after the deal had been made "involves the very principle of competitive bidding." Artukovich was held to his original bid, which was guaranteed by a $109,000 performance bond. ing 6.5 per cent of their disposable income, and this year 5.8 per cent. Some economists point out that this gap between savings and borrowing, and not governmental credit policies, is causing the credit pinch now. Pesky Gopher Won the Fight LAS VEGAS, -Nev. OB—Harassed by a pesky gopher, farmer Paul Thomas dropped a concussion bomb into the varmint's hole. But, he said, the gopher, pushed the bomb, with fuse burning, back out. Thomas quickly picked it up and hurled it away. The bomb exploded, igniting a hay pile. Firemen saved the house and barn but 12 tons of hay was destroyed. Thomas claims the gopher I still peers out the hole. Frisco Files To Acquire Georgia Line ST. LOUIS (/P|—The Frisco Hallway announced It filed application with the Interstate Commerce Commission yesterday to acquire control of the Central of Georgia Railway Co. through purchase of a majority of the smaller lines capital stock. Frisco has been buying up the stock for two years and as of Nov. 25 had acquired 82,512 of 168,191 shares of preferred and 158,197 ot 337,255 shares of common, enough for operating control. This represented an Investment of $15,289,688. If the ICC approves. Central ol Georgia will be operated as a separate company through its own existing organization, President Clark Hungerford of Frisco announced. He said no merger or consolidation is contemplated. The proopsed control is not expected to adversely affect employes of either of the lines, Hungerford said. A more closely coordinated operation of existing through routes is planned. Frisco operates in nine states in the Southwest and Southeast and connects at Birmingham, Ala., with Central, which operates in Alabama, Tennessee and Georgia. Appraisers Attend School LITTLE ROCK W) — Appraisers from 58 of Arkansas' 75 counties yesterday attended the opening session of a 4-day school to acquaint appraisers with legislation aimed at equalizing property assessments. Neville Allison of Houston, Tex., is conducting the school. The school is sponsored by th Society of Residential Appraiser of Little Rock and the Assessmen Co-ordination Division of the stat Public Service Commission. Teen Ager Admits Strangling Girl MANCHESTER, Ky. Ml — Mis Paye Grubb, 19, yesterday demor strated to state police detectiv Walter E. Woods how she stran Sled a grade school girl whos oody was found in a well. She wa charged with murder. Woods said Miss Grubb admitte she strangled Jewell Smith, 10 with a piece of curtain and the Jirew her body in the well afte linding the hands and feet. Miss Grubb said she was "sor •y," Woods reported. No motiv had been established. Miss Grubb, held here withou bond, will be examined by tw doctors to determine whether sh should be sent to a mental institu tion for observation. Cartoonist III LOS ANGELES «i — cartooni Jimmy Murphy, 63 creator 'Toots and Casper," remained critical condition today after second heart attack. He enteret St. Vincent's Hospital two weeks igo after the first attack. if you can give a better bourbon...give itl There is no gift more gracious, more distinctive than this exquisite decanter, created specially for holiday giving. And inside, you have the greatest gift of all, a magnificent bourbon, wonderfully rich, smooth and warmhearted. &.£.&'.•% ?*» •*'», "SCISSORS BRIDGE"—The Army's new M4C Armored Vehicle Launched Bridie, photographed while beinr field-tested by the 17th Armored Engineer Battalion in Germany, is capable of spanning 60 feet and carrying a 60-ton load, mounted on an 1VI46 tank chassis, the bridge is operated fcy hydraulic cylinders which launch it over a gap. One soldier can set It up in five minutes. {KCNTUmrSTMMHT NMMN WWSKEV • 6 YEARS 010 . 86 PROOF • «>1M5 ANCIENT AGE OIST. CO., FRANKFORT, KY. Camera Mix-Up Is Embarrassing POPLAR BLUFF, Mo. Wl — Ott Wallis, a good dairyman but no expert with a camera, went to a photo shop yesterday to pick up some film he had left for processing and protested there had been a mixup. The three rolls oMilm Wallis had left, he insisted, were snapshots he had made of some of his heifers so that he could have them registered. iThere had been a mixup, all right. v' Closer inspection of the snapshots disclosed Wallis had held the camera backwards and had made 24 pictures of his own face. Father Found Dead at Wheel DURANT, Okla. OP) — Thomas Culvahouse of Port Worth, Tex., drove home to see his parents Monday but paid no attention to a pickup truck parked near the side of the road. He drove pn to the home and was greeted hy his mother. He asked for his father and learned he had left more than three hours ago. The mother was concerned. Culvahouse drove back down the road and found his father, John McAIlen Culvahousf, 60, dead behind the steering wheel of the pickup. Authorities told the son his father ran off the side of the road two miles north of here, . apparently stricken with a heart attack. 'Sagebrush' Casualties Told FT. POLK, La. Wl — Exercise Sagebrush, America's military rehearsal for an atomic war defense, killed 32 of the 140,000 servicemen taking part in the huge maneuvers. Fighting in this country's biggest war games since World War II ended Sunday night., The Army and Air Force is moving most of the 110,000 soldiers and 30,000 airmen to their regular bases. The Army said most deaths came from car, truck and tank accidents. Military vehicle accidents killed 15 men, while civilian traffic crashes killed another seven. Two drowned and a helicopter crash killed two more. »—• Whistling Swans Visit California VENTURA, Calif, (/P)-A (lock of whistling swans, blown off course en route to the South Atlantic for the winter, landed for a rest and food on Lake Sherwood In the San- ta Monica Mountains Once (teen over most ot North America, the big sw»ni now breed chiefly in northwest Canada and Alaska. They migrate to the Southern coastal states in winter. Their route ordinarily is far north of here. The whistling swan is distinguished by a Light musical note for a call and sometimes Is referred to u * whooping crane. tMake ^is W>e gift :she1! never forget wit Midnight by Tussy MIDNIGHT MAGIC. Cologne 2 oz.: Hand and Body Lotion 2oz.Theset...$l. BLUE ICE STICK COLOGNE. To stroke on Midnight magic. 2'A oz....$1.2J PERFUME. The ultimate in Midnight luxury. Vi oz....$l. TWO TO AUURE. Cologne 8 oz.; Dusting Powder, wilb puff, 4'.^i oz.; both in Midnight scent. The <et...$].» MIDNIGHT lIPSTICK-PEIFUMf COMBINATION. Lipstick in one side; perfumo in thi other...fl. Prf™. F /- Ta WOODS DRUG STORE Phone 3-4507 221 W. Main im AGAIN And so doGSf the thrill - with Buick's new Pitch W ITH ALL the big excitement of Buick's 1956 styling and power and ride and handling — it's easy to overlook this fact: Gas mileage in the '56 Buicks takes a big step upward. One reason, of course, is the new power plant itself. Every new Buick cradles an advanced 322-cubic-inch V8 engine with the highest horsepowers, Scries for Scries, in all Buick history. Yet every engine delivers more efficiency, and more usable power to the rear wheels— because each one has a new double "Y" manifolding, and a new high in compression ratio. Dot the major reason for the happy news in gas mileage— and for the new step-up in safety and thrills— is Buick's latest version of Variable Pitch Dynaflow. In tin's airplane-principled transmission, you always had a gas-saving cruising range—and, at a switch, of the pitch, a full-power getaway range. Now Buick engineers have brought to this cruising range what they call "double regeneration." It simply means a new way to make flowing oil add to its own velocity to build up driving force. So now, you merely nudge the pedal to part throttle and get new breakaway getawa,y. And since you get this quicker, safer response in your normal cruising range—where you don't use full power—you get plenty more miles from every tankful of gas. But when you do need sudden safety-surge for emergencies, you just floor the pedal to switch the pitch. Instantly, you're at full-power acceleration-and it's the most thrilling safety measure in the land. flow about coming in to try the most modem transmission yet? The absolute smoothness of this new Dynaflow is worth a visit in itself. So you can be sure you're in for a wealth of wonderful surprises—for that's just the start of the best Buick yet. Can you make it this week? '.Vein Advanced Variable Pitch Dtmaflnw is the only Dyruiflow fluick builds today. It i* .tfaiu/flirf oil Rnncliitastcr, Super tmd Catitury~oi>tianal at modest extra cost on the Special. Ort 4-SMton Comfort in your new Bukk with MIOIDAIRE CONDITIONlNC-now at a new fowprjc* WHM MTM MWOMOMMI AM Mt» WICK WM »WH» MUf LANGSTON-McWATERS BUICK CO. 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