The Courier News from Blytheville, Arkansas on December 22, 1947 · Page 11
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The Courier News from Blytheville, Arkansas · Page 11

Blytheville, Arkansas
Issue Date:
Monday, December 22, 1947
Page 11
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MONDAY, PECBMBEE M, 1MT Income Tax Cut ^ During'48 Seen Differing Opinions On Details Exiit But Tax Fight Is Certain By Rei Chine; United Freta Staff Corre«pon<Ient f 1, WASHINGTON, Dec. 33. IU1>> '1,." Your chancei o! »ettin* a tax «ut of some kind next year are good. That waa the consensus of both Republican and Democratic members o( Congress Saturday u they streamed out of the capital to apend the Christmas holidays at home. But there are wide oitierencej of opinion between the parties and within the parties over what kind of a tax cut Congress should approve and how bit It should be. One thing Is certain. The tax fight will begin almost immediate- lj' after Congress reconvenes Jan. t In regular session, Many Republicans and some Democrats expect President Truman to make some kind of a tax reduction proposal In his message to (he opening session. If he doesn't, the House Ways and Means Committee, which originates tax legislation, will be ready anyhow. Its first business will be the $5,600.000,000 personal income tax reduction proposal already introduced by Chairman Harold Knutson, R,, Minn. Knutson's proposal would remove T,400.000 persons from the federal tax rolls. It would increase personal exemptions from $500 to WOO. extend Income-splitting community property tax benefits to taxpayers of all statei, and provide a tax cut ranging from 30 per cent in the lower Income brackets to 10 per cent at the top of the scale. ' GOP Dlilikes Detail! Republican members of Knutson's committee are inclined to accept the .general outlines o fhis bill. But they 'Inren't satisfied with all details. ^*8ome think it would cut too heavily into federal revenues . Democratic members of the committee feel the bill Is mere in line with their views than Knutso^i's previous proposals for graduated tax cuts without an increase in exemptions. But some Democrats -still think that the taxpayers in the middle and upper -.brackets would Bet too much of the tax reduction. The Republican leadership has not yet endorsed Knulson's new bill. The Republicans are committed to tax reduction, however, and the Knutson proposal represents a compromise of conflicting views that will have wide appeal in GOP ranks. If Mr. Truman continues to oppose all forms of tax reduction, the tight will be on In earnest. Republicans .believe, though, they can pick up enough Democratic votes in the 1948 election year to pass a tax reduction bill over Mr. Truman's veto—which they failed to do on two occasions during the past year,'. Ruble, Ruble He Is Thinking SSflBES^sap- (AKKJ COURIER KIWI . are also shown, at tlie current rat* of exchange. Sending Grain to Europe Favored By Farmers as Self-Preservation Young Boy Awaits Trial On Murder Chora* BWD, Or... Dec., M. (UP) _ A fral) .undernourished 11-jear-otd boy aw.iUd trial lor mur der today after confwlng that he put rat poison In hi. father's lunchbox sandwiches. . C "' 1 *"5' d ''- 'old authorities thai h« killed his M-mr-oId fath.r, Joseph, btcaviM h. waa mean to him. Cedl *u rtry-eyM but wlemn • hen he attended his father's funeral shortly after IM confMsed. D)»trict Attorney A. J. Moore (•- •ued a complaint charging th, boy with first degree murder. He was bel »v«d to be one of the youngest children ever to aiuwer to that charge, flnyder, a 'ftnutructlon worker, died In convuiilons at a local hos- pllal «(ler eallnu ehewr sandwiches prepared by )iU K>JI. The boy s«M he-put the polion In the sand- wlohea because his father hart beaten him rejxMerily, rlenled him proper food, anrt olherwine mil- treated him. He (aid his mother died when he waa born, leaving her husband »Hh eight children besides Cecil, All of his brothers and slsteu loft home, he suld. because his father treated them brutally. "That led only me to keep house, 1 Cecil said. "One of my chores wa» to make my lather's lunch. Recently, he said, he dug up a cache or money his father had burled. Bnydei becntne violently angry and beat htm more severely thart usual, he said. That was when he decided to kill him. Sgt. Lowell L. Hiitiel of the state MOB tppcarad nourlihed and apparently had «uf- ftred eoiuiderablt. privation, C«ll told him hla father hart treaUd him "Just llk«" th» animals on their run-down farm, Aulhorltloa >ald anyder recently pleaded fulity to a charge of cruelty to animal* >(|er neighbor* complained the livestock had not been led. Mont Mid lh« boy'i itory and background will W Invalidated bt> fon'hi goci on trial. NOTICI Nolle* I* hereby r glven that tht undersigned will within th* tin* llxed by law apply lo th« Comml*- slontr of Revenuet of the- *Ut« of Arkancu lor a permit to Mil beer at retail at 419 w. Ash, BlvtrnYllle. MlHlwIppl County. The undersigned state.? that he Is a citizen of Alkanm, of good moral character, tint he has never been convicted of a lelony or other trim* involving moral turpitude; that no llceos* »» MB bMr convicted of violating ti this state, or any otlur latins to tbi ail* tt uon. Toi Subscribed ud nten me Khis 20th day of DM MRS. MARBHAU. tLt •. ». FRED S. SALIBA CO. «J We,l A>h Kl. Pholl( . 443T River Valley of North Dakota what he thinks about conserving grain for shipment to hungary Europeans, he'll tell you It's the only way to avert economic and social catastrophe in America's wheat belt. Farn: leaders and farmers alike frankly admit they're not motivated entirely by a'desire lo play the part of the Good Samaritan. Firstly, they contend another disastrous world war can be averted only by supplying Europe with food until It can get into production again. Secondly, from a purely economic standpoint, they say they are convinced that the only way to prevent a catastrophic slump in farm prices is to preserve the foreign oiulet for grain. Prepared lo Fijht With that in mind, and an all- time record $730,000,000 small grain crop already binned or marketed, they are prepared to fight, any move which might lead to loss of foreign markets and a return to domestic price levels. ^ . Clean ,\I.-.Talbott, president ! of ganizations by declaring: "From a cold-blooded economic angle, we can't afford lo lose our foreign markets. If that should happen, and we continue to produce as abundantly as we have during the past few years, the domestic show window of larm products will be crammed so lull that prices will drop far below the cost of production. "We must preserve the foreign farm market at all cost. For If production should through adverse season fall below normal consumption at home, then America must, tighten its belt through an enforced rationing program to assure continued shipments of grain abroad. That's the only way we can peg the price of wheat at home «t a Icvtl where the farmer if aasur- e dot a profit." Production Good However, Talbott said lie did not believe production would fall below domestic consumption. "The expanded agricultural plant in the grain belt," he said, "is now geared to produce more than a billion bushels of wheat annually. Normal domestic consumption Is slightly les< at 100,000,000 bushel* a year." Talbott said the nation should take one more step to make its Food-for-Europe program effective —government, controlled rationing, "It Is lolly lo aisum* that »'na- lion of 13i.000.000 people will observe a voluntary rationing program." he said. I Hove On Hand At All Times Several tractors and equipment . . . both new and used ones . . . JOHN DEEHE, PARMALL and other makes. Also, I have for sale at all times 70 lo 80 head of mules. Terms can be arranged. Will trade for most anything you have. New Ford Tractori Ready for Delivery F. C CROWE 1 Mile 8. «f Bracgadocl* A NEW TRACTOR FOR MISSISSIPPI COUNTY THE LEADER TRACTOR OFFERS THESE FINE FEATURES: • 4 CYLINDERS • 22 H.P. Drawbar Power • A Two Row Tractor COMES COMPLETE WITH NEW DISCS AND NEW BREAKING PLOW . . . IMMEDIATE DELIVERY At Regular Factory Prices The Ideal Tractor for Small Farms See It Demonstrated at— ROBINSON GIN CO. k t m — . ^B East Main Street Blytheville, Ark. Op«n 7:00 .a.m. Clot* 9:00 p.m. Mon., Tu«s., W.d. WE'RE OVERSTOCKED! ALL REMAINING TOYS HAVE BEEN DRASTICALLY CUT . . . IF YOU HAVEN'T MADE YOUR SELECTIONS YET-SEE US! WE ARE HEADQUARTERS FOR LAST MINUTE SHOPPERS TOYS! TOYS! TOYS! TOYS! 28 Inch DUMP TRUCK $3.95 Beginners CHEMISTRY SEt $1.00 15"x30" WAGON $9.45 No. 5 Union ROLLER SKATES $3.50 Real Pigskin FOOTBALL $2.25 Rod-Reel FISHING OUTFIT $2.25 Children's LAWN CHAIRS $1.19 All-Metal JET- MOBILE $3.50 Shows Pictures PICTURE PROJECTOR $2.95 Aluminum Whtil- barrew $2.95 HARDWARE CO.Inc HOME OF FAMOUS BRANDS I2G W. MAIN ST. PHONE 515 3 F«c«J Doll $3.95

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