The Courier News from Blytheville, Arkansas on March 24, 1955 · Page 2
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The Courier News from Blytheville, Arkansas · Page 2

Blytheville, Arkansas
Issue Date:
Thursday, March 24, 1955
Page 2
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PAGE TWO BLYTHEYtyLE (ARK.) COURIER MCW1 THURSDAY, MARCH 24, 1958 Businessmen. Plagued By Tax Uncertainties By SAM DAWSON NEW YORK (AP) — The voice of the tax collector is heard loud in the land these, days. And tax uncertainties — like changeable March weather — plague business firms and individual citizens alike. While you are struggling with your income tax return, due .in three weeks, business management is trying to guess what taxes may lie ahead as it plans future production and expansion schedules. Here are some tax proposals- cither by government officials or businessmen or bofh—being talked about in Washington today: A possible hike in the- federal gasoline tax, now 2 cents a gallon. A retroactive tax collection from many business firms to regain a so-ca'lled windfall in the 1954 taxes they've already paid. And Cuts, Too A cut in certain taxes on business and individuals, tailored to the idea of making investment in business more attractive. Repeal of last year's faster depreciation allowances for business in the early yiars of a new plant's or new machine's life. Repeal of the tax forgiveness on part of the income from dividends. And, of course, that all-but-dead proposal to give lower-income families a tax cut. Congress is debating repeal of two provisions of last year's tax law: One allows businessmen to deduct from their 1954 income their actual expenses that,year and also reserves set up for expenses anticipated this year. The other allows them to postpone until a year later paying taxes on part of the income received for services to be rendered over several years. Will Cost Too Much Secretary of the Treasury Humphrey says these provisions will cost the Treasury too much in lost revenue and wants the repeal retroactive. In Congress, there is a sizable MONEY SAVER - Gal with mail problems is Mona Freeman, newly appointed chief investigator of correspondence for the Hoover Commission probing the government's paper work. She'll study ways of reducing tho 4,000,000 letters mailed daily by the government at an average cost of $1 per letter. She and the commission hope to save taxpayers 5255,000,000 annually. WARNING ORDER IN THE CHANCERY COURT, CHICKASAWBA DISTRICT, MISSISSIPPI COUNTY, ARKANSAS L L DeVasher, PHf. vs. No. 12,944 Ruth DeVasher. Dft. The defendant, Ruth DeVasher, is hereby warned to appear within thirty days in the court named in the caption hereof and answer the complaint of the plaintiff, L. L. DeVasher. Dated this 19th day of March, 1955. SEAL GERALDINE LISTON. Clerk. By DONNA SIMMONS, D. C. T. J. Crowder. Ally, for Pitt. Percy A. Wright, Atty. Ad Litem. 3/23-30-4/6-13 EXPERT WATER PUMP REPAIR Hubbard Hardware Phone 2-2015 Power Mowers and Aluminum Screens at New Low Prices. E. C. Robinson Lbr. Co. Phone 3-4551 group that would like to repeal the depreciation allowances voted last year, and also the partial exemption of dividends from Income taxes on individuals. These proposals, like the one to lower personal income taxes, one way or another, in the lower brackets, appears to be dead for this session. The real gripe of businessmen— and many individuals too—is that taxes are changed so frequently. Businessmen say they planned on the basis of last year's tax rules, now find they may be taxed retroactively on last year's income, and face the uncertainty of trying to guess what Congress may do next year. Secrecy Needed At Times, Butler Tells Newsmen LOS ANGELES ISl — Discussing with reporters the policy of releasing such documents as the Yalta papers. National Democratic Chairman Paul M. Butler said there are times when secrecy might be in the public interest. "Why not release the Potsdam documents or the private notes of Gen. Eisenhower, or understandings he might have had with Hussion generals in World War n?" Butler asked yesterday. He told the newsmen there is a need for a four-power conference arid that if the Democratic candidate is elected he might go to Formosa in the interests of peace. GETTING A BIG KICK—Francis. Movieland's famous falking mule, isn't doing much talking, and it's quite apparent why he's not kicking about this crowd. Ordered to lose 200 pounds fpr a forthcoming movie, Francis is joined by Leigh Sncwden, Myrna JIansen, Betty Jane Howarth and Lili Kardell as he goes through some road work in Hollywood, Calif. 'Bears' Drive Girl from Home ,ST. LOUIS tfP) — A taxi driver picked up 5-year-old Mary Sparks, who was walking down a snow-covered street at 2 a.m., barefooted and in a nightgown. He took her to a police station. There she told officers she had dreamed her house was full of bears and left to get away from them "I was afraid to come back because I'm afraid of bears," she said. She was returned to her mother, who assured her there weren't really any bears. Friend in Need PORTLAND, Ore. (if\ — M.'T. Tillotson, 65, told the desk, sergeant he wanted a, ticket for jaywalking Then he went out, jaywalked anc came back and got his ticket. He explained that n lady friend hac been cited for jaywalking and was afraid to attend the traffic violators school alone. Box Office Opens 6:45 Show Starts 7:00 p. m. Admission 15c & 35c At All Times LAST TIMES TONIGHT Double Feature THE ClOtY OF TOf CSUSADK! "^"Technicolor mint I'MUW seen • c£o»;[ I l(J!.r| r&t' t, t'ift I(rt7 ti "u^t «iiu —And— RADIATOR WORK Boiled Out Repaired Flo Tttted Rt-cored ALL WOK* GUARANTEED GROVER'S RADIATOR WORKS I Cl. Uk« An. Ph., J-8MI TUBHAN B!V EVFtYN ANKERS OAAilO BRUCE I'lus Cartoon "Sudden Fried Chicken" FRIDAY & SATURDAY Double Feature Serial, "Buffalo Bill" No. 7 And Cartoon THEATRE On W. Main St. In Blylheville [= Phone 3-4621 Weekdays Show Starts 7:00 p. m.—Sat. & Sun. 1:00 p. m. THURSDAY and FRIDAY Double Feature CINEMASCOPE TAKES YOU BENEATH THE SEA _ AND _ "ORIENTAL EVIL" ALSO CARTOON Cinemascope at Its Best With Stereophonic Sound! Listen to KLCN at 10:10 a.m and 4 p.m. for Ritz & Rosy Program Announcements THURSDAY & FRIDAY 'A Triumphantly Beautiful Film"-r "The picture of the year." -This Week "A fascinating movie." "Should not be missed by anyone." —New Yorker ATLANTA W)—Things are sloping up for the South to celebrate it* civil war centennial with emphasis on modem-day progress instead of traditional magnolias and battlefields. Sponsors of the movement, including representatives of southern industry, banking, public park services, the travel industry, and chambers of commerce, met here Tuesday and voted to set up a centennial Congress. The congress would be composed of five representatives from each of the Southern state* and would co-ordinate the celebration from 1861 to 1985.. The prime purpose is to focus national attention on the south's progress during the century since the civil ,war. Speakers at yesterday's meeting expressed hope that the centennial plan would result in more development of southern recreational areas, both public and private, and' other things that attract tourist. Progress to Replace Magnolias And Battlefields in Civil War Rites Other objectives are to draw more new Industry to the South, and to give the nation a better understanding ol the southern region's role in national life. Some speakers mentioned that magnolias and civil war battlefields figure prominently In popular conceptions of the South in the minds of people In other parts of the nation. They recommended that the magnolias and the battlefields he given less emphasis in the centennial celebration. Walter N. Chinn of the Virginia Travel Council, Predericksburg, Va., persided over the meeting. Other states represented were Alabama, Georgia, North Carolina, South Carolina, Tennessee, and West Virginia. Another meeting will be held at Montgomery, Ala., during the week of Sept. 19. Apothecary originally meant "warehouseman," according to the Encyclopedia Brittanica. BACK?—G*"- 9 mar Bradley hat been mentioned as the head of President Eisenhowers committet to study veterans twnenti. Bradley served « Veterans Administrator aft« World War II. Peron Reported Ready to End Church Fight BUENOS AIRES, Argentina (*— President Peron's government and the Roman Catholic Church reportedly have agreed to end their four- month running battle. High church sources said last night a truce was reached in long conferences this week between Peron and Santiago Luis Cardinal Copello, Argentina primate. The informants said the agreement will lead to settlement of all causes of tension. During the feud, at least 13 priests were jailed for terms ranging up to 30 days. Read Courier News Classified Adi. PAINT & WALL PAPER FREE ESTIMATES LOW PRICES E. C. Robinson Lbr. Co. Phone 3-4551 Hays Saves You Solid Color Plisse Offered in the ten best colors. 36 inches wide, special, 3 yds. $1 Money on Timely Merchandise! First Choice Domestic —PLUS- ***** A 20 Minute Cartoon Novelty 5 * Tht Slnry of Ren franklin arnl A mot an impertinent moult p * ]s;a^s&&*>~S£i>&ss$ * ********* PARAMOUNT NEWS & SELECTED SHORT Coming Soon to Ritz '20,000 Leagues Under the Sea" With .lames Mason & Kirk Douglas "A Star Is Horn" with Judy Garland & James Mason "Hit The Deck" With Jane Powell & Tony Martin New 80 Sq. Prints Largest selection in this area. Sparkling colors. Fast Color Prints And solids. Full 36 inches wide. Spring colors. 4 yds. $1 Striped or Solid Chambray Gay new spring tones that are so popular. Boys 8 oz. BLUE JEANS Zip Fly Front Sizes 4 to 12 Pr. Little Boyi BOXER JEANS All around elastic, 3 pockets—Sizes 2-8 High count, smooth finish. At a very special price, 5yds.$1 Tulura Broadcloth Ladies Made by nationally famous Spring Mills. All the new colors. yd. 49C Ladies Nylon Panties Pink and while. Sizes 5, 6, 7. Now only Ladies Rayon Panties Fine 2-bar Iricol rayon. Assorted colors. Sizes 5, 6, 7. GIRLS RAYON PANTIES. 2-har tricot rayon panties in assorted colors. Sizes 2 J $f to M *t I'rs. I LADIES NYLON HOSE. In new spring A §4.25 colors, BO gauge. Sizes .Sl/i to 11... . ** Prs. * MEN'S BLUE CHAMHRAY SHIRTS. Full cut, san- forized. First quality. Sizes 14 to 17. SI Special, only I Hoys CANNON KRINKLE HE!) SI'READK. Assorted SI colors. Sizes 82 x 105. Now only I MENS WHITE TEE SHIRTS. Flat knit tee « SI shirts, soft white. Sizes small, medium, large ** for I MENS ARMY TWILL MATCHED SUITS. In khaki or gray. Now you can buy the shirt and pants S/L'J8 both for only T 1 We Cash All Payroll Checks Free We Deliver Phone 2-2001 200 EAST MAIN

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