The Courier News from Blytheville, Arkansas on January 12, 1948 · Page 10
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The Courier News from Blytheville, Arkansas · Page 10

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Monday, January 12, 1948
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PAGE TBIf BLYTHEVILLB (ARK.f flOOTIBH •MONDAY, JANTJARY 11, 1948 Stassen to Oiler Proof of Charge GOP Candidate Flays 'Insincerity' in War Against Inflation CHEYENNE, Wyq,, Jan. 13. (UP) —Harold B. Stassen »ays that he would not compromise his political ambitions by accepting vice- presidential billing on a GOP ticket with Gen. Douglas MacAr- ihur or anyone else. Stassen mada his itatement In •n Interview In which he «'«> re- li«rated that he "can and will" prove that Edwin VI. Pauley made tl.OOO.OOO as result of inside Information about the grain market. 'I am a presidential candidate," h» said yesterday when he stopped here en route to Shcrldnn, Wyo,. where he will speak today. "Nobody else's plans are going to make me change mine." Earlier, at Omaha, •aid: Stasscn had Jews Rob Bank To Finance Holy Land War JERUSALEM, Jail. 13. <U.P.) — Seven masked bandits identified tentatively us Jewish underground agei'.U teeklng funds for the war with the Arab* robbed Barclay'* Bank at Tel Aviv of $48,000 In i bold daylight raid today, The Tel Aviv holdup, which fol lowed the now familiar pattern of Jewish attempts to finance underground campaigns, was carried out n» scattered flurries of violence marked the continuing hostilities In Palestine. Tlie bandits Bank on busy rode to Barclay's Altenby Road In a (ruck reported utolen littl* earlier from a Mewlsli driver for hP Satimrand Army Camp. Flourishing machine gun. revolvers, they scooped up "I oan and will prove any statements I have made about Paulcy." Stassen said last night during a stopover tour tlirougli 10 western states today. "In 30 years oj public life I huve not. made an Inaccurate accusation." Stassen said he will repeat his charges In the presence ot Paulcy, special assistant, to the nrmy secretary and former Dcniocnitic Party treasurer, when he appears before a Senate Appropriations Euboornniittee again Jan. 23. Pauley to Submit Questions Pauley demanded the right to question Stasscn after the former Minnesota governor made his charges before tlie subcommittee last week, chairman Homer Ferguson, R., Mich., permitted Paulcy to submit written questions for the committee to ask Stassen. Stassen said he Intends lo continue his campaign to drive market speculators Into tlie open. "There are a number of big •peculators who have not yet been named," he said. "I waul to bring them all out," He charged the Democratic administration with Insincerity in its fight against inflation. and cash reported by the bank to total t48,- 000. Five minutes after their appearance, (hey had disappeared down Allenby road. Jewish police, who had taken up the duties formerly carried out by British officers In that area, were reported to have taken lialf an hour to get to the bunk in response to the alarm. Smouldering hostilities along the Syrian-Palestine border were reported to have died down. They were highlighted by Hie wrecking of the Bridge of Jacob's Daughter across the Jordan River, cutting Uir- main highway between the countries. Social Security Changes Urged Broader Coverage May Include Farm Workers, Domestics Bj SAN'DOR S. KI.KIN United Press Staff Correspondent WASHINGTON, Jan. 12. (U.P.) —President Truman today called on Congress to create a national health Insurance system. Increase old-age benefits and extend social security coverage Into tho nation's farms, kitchens and stores. He proposed lo finance the health Insurance with a new payroll tax of one-half of one per cent. He also told Congress in his budget message that It, should figure on Increasing present social security taxes. The President said he wo give Congress the details In a later special message. Meanwhile lie asked for $110,000,000 to get these projects started In the coming BUDGET (CoJilfnurd from race 1) fiscal year. Here are the major features of Mr. Tinman's vastly broadened social welfare plans, vvhicli he salt would provide jjiCiUcr protection to tho people "against the majoi economic hazards or our society.' 1. Extend coveruse of old a«c and survivors Insurance to "a! gainful workers." including agri- Pauley Admits Making Million On Grain Deals WASHINGTON. Jan. 12. (UP) — In polite but pretty clear terms. Harold E. Stassen and Edwin W. Pauley were calling each other liars today In a long-distance ar- gurncnl over Pnuley's commodity market speculation. Their feud sizy.led In the back- j ground as a Scnstc subcommittee "The administration cnnnot. be continued Iti Investigation of al- •ntlrely devoted to holding down 1C E™ speculalton by government food prices If key members persist ''•'—•' " ' In grain speculation," he said. Two Face Drunken Driving Charges in City Court Raymond Moslcy was fined $25 In Insiders". One of the alleged "Insiders" Is Brig. Gen. Wallace H. Graham. White House physician, who will be called tomorrow to tell the subcommittee about Ms speculations. Paulcy, who In a special assistant to the army secretary, and driving while under the Influence of liquor and J. T. summers [or-' {cited a $35.25 bond on the same charge. \ Charles Glow pleaded guilty to > ' reckless driving charge and was i fined $35 and costs, of which sis, was suspended pending good be- i havlor. A total of $393.50 was assessed 14 persons who were fined or fr- Jelted bonds during the first past- weekend court session on charges of public drunkenness and disturbing the peace. Eight persons forfeited bonds of S20.25 each, five were lined $10 and costs cacti and one man forfeited a S30.25 bond. and and cultural farmers, persons. 2. Increase age benefits, hM done. Thvf win remind him that last y*»r, when h» submitted (he current year's no-tax cut budget, he estimated a surplus of only $202,000,000, and that now he ce- llmates it at a record-breaking $7,482,610,986. This represent* a good- higher prices. The President also be-] slze<1 Bai> to a Congress which has domestic crnplnye.s other self-employe: the amount of old beginning In 1940. leve* Industry should undertake n 10-yenr, $50,000.000,000 expansion proxram at a $5,000,000,000—a-year rale. Aniwerc Fttropc'e ('hullenK* "The new International program," Mr. Truman «ald in his 25,000-worri budget message, "Is our answer to jn unprecedented challenge. Tlie Budgetary implications of failure to achieve recovery In Europe and other crucial areas deserve additional emphasis. "Should failure of these programs result In a further extension of totalitarian rule, we would have lo re-examine our security position and lake whatever steps might be necessary under the circumstances. "The costs of added military strength, If Europe should succumb to totalitarian rule, would fur exceed the costs of the program of economic aid now before the congress." Mr. Truman offered no hope of early relief from heavy government spending. "The plain fact is," he said, "(hat our budget must remain high until we have met our international responsibilities nnd can sec the way clear to peaceful and prosperous world." All budget calculations were baseJ, he snlci, on present Iilgii levels of business activity unil incomes, continued full employment and stab'e prices at ftboul present levels. "These a.wimptions," he wnrued "Presuppose an effective and- inflation program." (wo tax reduction bills voted by Mr. Truman. Of course. Mr. Truman'* appraisals for the future have to be based on the Judgement of government economists. Ana ne 1» budgeting for a fiscal year which rrc?r, not begin for six months and which will not end for 18. The President expects his greatest single source of revenue from individual income tax payers—$22,506,000.000. Gift and estat« taxes will Increase direct levies on Individuals to a trcmendou» $23,322,000,000- the biggest In history. Direct taxes on corporations will raise a estimated $10,lfi8,000.000 in fiscal 1949. He ba.sed those figures on the present tax rates. The Republicans think they hate a good chance of cutting Ihose taxes ilcspile Mr. Truman. The 1949 budget proiiosea an aggregate of $5,735,000,000 in new expenditures which It was not necessary to inaKe In the current fiscal year. He also has reduced expenditures for some Items carried In both budgets so that the aggregate net Increase. Is only $1,941,218,022. The principal new expenditure items are as follows: (millionsi European Recovery Program The estimates were ba.sed on an estimated national Income of S192,- UOO.000.000. But since the miDlcrs = ! preparation, the Commerce Dcpuri- 1 ,l' er ; incut has Issued a new estimate I showing national Income rlimtliiR at a rate in excess of $200,000,000.000. This rise could mean higher rcve- RccommeniliUlons to the amount ot Increase are being prepared. 3. Make a greater share or an Individual's income subject, lo Ihe old nge insurance tax of one cent. At present, no more tlinn $3.000 can be so taxed The proposed new maximum' Is inuler study. 4. Establish a national SJ . stcm l »"f s tll! <n •«"> b«<lBCt untlc:|jates. of health Insurance, lo be liiumcod i AKfti " antl nsal " thls b " tI S° t "'"al Hie starlrby an acl.Iillonal pay- stlge wclmcrt ot inflation perils nnd roll tax or one-half of one per m ' ecd Congress to vote the controls cent of Individual salaries up to S011 8ht from last Autumn's emcr- $4.800 a year, effect.!;'"' Jan. I I Keucy SCM|OT - I84C. Whether the same rule will I Mr ' Trunl »n reported boom- also be assessed iigainsl. employers! "'"c* for farmers will, prices has not yet been dclcYmlt: $4,000 440 400 100 40 290 80 91 Dangerous Felon Flees From Federal Prison SPRINGFIELD, Mo., Jan. 12.— (UP)—Reserve guards and State police set up road blocks toriny ami scouted the countryside for an escaped convict, a mental patient described as "dangerous" by federal prison authorities here. Prison officials said that, they found no indication that the man a convicted bant robber, had been wounded by a barrage of gun lire laid down by two guards and a farmer. ges by Stasscn, a Republican presidential aspirant, Hint ru'.inlnistra- tion "Insiders" were making a killing by profiteering In foodstuffs. Tlie 8t a «en-Pauley exchange reached a while heat after Stassen told the Senate committee last week that Paulcy Vmd profited to the tun e of 51,000.000 and hndn't told the whole story of hi* operations. Paulcy acknowledged last night that he lind made $932.703.10 In commodities." Pauley said in a telegram to Stasscn at Omnhn. Neb. "When you return before the committee—If you do return—I intend to prove where you falsified—again and again—and to expose you." been dclcYmlncd. 5. Extend unemployment compensation coverage to employes of small business 'and n« ninny other groups as feasible." 8. Broaden the basis of federal grants for public assistance to stales and rclnlte them more nearly to the financial resources and needs of each state. At one point In his irtcssnge tlio President said he w.-ia not recommending cos'.-of-livinj; Increases In social security benefits at this time. He was referring lo imme.l- late temporary Increases and not the long range old-age benefit boosts he proposed should go Into effect in 1340. The President, told Congress lhat its failure to provide the anti-Inflation controls he asked to hold [town living costs might force him to recommend early cost-of-livlng adjustments benefit rates. Livestock Budget Brings Charges of Extravagance WASHINGTON. Jan. 12. (UP) — Republicans lumped on President Truman's $30.608.000.000 budget today. charRtng It was "extravagnnl" and beyond the means of the nation to meet this year. Chairman Styles Bridges of the Senate Appropriations committee led off the attack on the budget estimate. The Now Hampshire Illness Delays Hearing ' On Income Tax Proposal WASHINGTON, Jan. !2 (UP) — A House Republican steering committee meetino:. '.vhlch wns scheduled to consider the S5,fiOO,000,000 Knutson Income (ax reduction bill today, \vn.s postponed because ol tlie illness Joseph W. Martin, Jr. MartU is recovering from H inikl nearly three (imes llic 1BIO level. He proposed to overhaul downward the formula for figuring the narl- tr prices at which farm products should be dupportcd by .subsidy. They should not encourage overproduction, he suit!. Much of his message \vas a repeat order for legislation and funds previously refused by Congress. The fiscal year 1949 will begin next July 1 and end on June 30, 1949. Here is a breakdown of key burl- get items comparing estimates for fiscal 1949 witll today's revised estimates for current fiscal 1948 which ends next June 30: IMS 1919 (millions) (millions) Revenue $ 45,210 $ 41,176 Expenditures 37,727 39.GCB Surplus 7.482 4.B07 National Debt 250,900 ' 246,200 Next lo the 46 per cent of cold war expenditures, the biggest chunk of taxpayers' money in tills budget will pay for the last war and the one before thftt, Uiis way:- Onilllons) War Veterans $6,102 Interest on Debt 5,a50 Debt Retirement 4,807 _ ' Those items add up to S16.15!),- .dcfinitely ! 879,466 ar.d <r:viv:.st Sherman was of speaker ' v iS'i [ when he =aid what war was \ There rcmnins of Mr. Truman's buried » little less than $5,500,000,000 for all olhpr government Other Foreign Aid Universal Military Training rnblic Welfare and Assistance LOMK Range Housing School Subsidy Anti-Inflation Program Surplus Piope.-ty Disposal The sum of Mr. Truman's proposed «>:ijer)ditiu-es for new legislation and the sum of the estimated 1049 surplus add up to $10,542,- 8C8.0C8. That is the area in which Mr. Tmmnn and the Republican Congress are going to have a show clown fight over what' to do with the people's money In a Presidential election year. The remaining $33,933,000,000 of proposed expenditures are for items which Congress in one way another previously has approved and may be expected to approve again. Republicans are in. general committed to European recovery expenditures but without agreement on a definite sum. They alr,a \\rnn some reducllon in the national ileb'., for which Mr. Truman lias earmarked tliu entire surplus. Hill the Republicans insist on tax re- luction that actually reduces the otal of taxes rntlicr than :•' '*' '- =:ome of the burden from one group another as Mr. Truman \.u..c. to 49. •Within *i»t |10,M>,MS ; M* ftf- ur«—and to tome extent *l»whrr«— the congressional tax cutters will seek to economize and divert funds to make m tax reduction possible this year. Would Kxtend Social Recuritj T»i Mr. Truman uked In his budget for funds with which to begin or acompllsh the New Deal social security and welfare objectives outlined In his annual message last week. He wants lo extend old age Insurance coverage to all gainful workers Including those In agriculture, domestic employes, farmers and other self-employed persons. He would Increase the sum of Individual benefits and maximum amount of earnings taxable for Ihose purposes. The tax Is now limited to one per cent on the first J3.000 of income. Mr. Truman also would provide funds to begin organization ot system of health insurance and Improved services and facilities for public health and medical care. His health plan calls for a new pay- rol tax of one-half of one per cent on wages up to $4,800 a year. He would extend unemployment compensation to employes of small businesses and as many other groups as may be feasible. An Item of $100,000,000 was budgeted to broaden federal aid Includ- .ng general assistance and allot- :nent of federal grants for public assistance. Mr. Truman said that should be done In such manner as to relate allotments to the financial resources and needs of each state. Mr. Truman's housing program would include subsidies for those families fho cannot afford "descent" houses. His school subsidy amounc ing to jasO.OOO.OOO would be foi elementary and secondary Institutions. Many of Mr. Truman's budget recommendations were repeaters Including creation of a national science foundation and aulhoriza- lion oj the St. Lawrence Waterway and power project. He also asked again for a code of fair employment pratlces to eliminate discrimination based on race, religion, color or national ancestry; and again for Increased postal rates, principally on second class mall, to eliminate the postal deficit. attnek of grippe. Rep. Harold Knut-son, R., Minn.. [ spending—all of il. In his mes5;ige predicted that the committee would ' the President s:iid that 70 per give "full appioviir lo Ilia bill. \ Kuntson's tax bill is the lir.st ( major legislation expected to oe ] considered by the house. It would ) cut individual Income taxes from 10 I to 30 per cent, extend form the \ present 12 to all states tho privilege of splitting family income between husband and wife lor tux purposes, and increa.se personal tax exemptions from the present $500 to $600. ST. LOUIS NATIONAL STOCK-, -. - -- -YARDS, Jan. 12. (UP)—(USDA)— : 1)llblicri " saitl President Truman Livestock: i \ mt ' "Played politics In an attempt Hogs: 18.000; salable 14.000: active: generally steady lo 25c higher than Friday's average: spols up 50c on some. Bull: good and choice 180 to 300 Ibs., S28.50-S28.7o: top, 528.75 mostly for 240-lbs. down, but for few 250-lbs. 160 to 170 Ibs.. S27.50- S28.25', 130 to 150 Ibs., S25-S27.25; Jew, $n.50; 100 to 120 Ibs., 521.75- to make the budge! appear as economy measure." Bridges said there "Is ur> relief offered" lor American taxpayers despite Mr. Truman's $40-a-hca(! tax reduction proposal of lust week He said economy would not be found in the budset message. Dut Bridges said the S11.000.000.000 Infant is Buried Funeral services for I lie infant ion of Mr. and Mrs. John Shank], wlio (lied at, the Biytheville Hospital Saturday, were conducted yesterday afternoon at the, Cobb Funeral | Home. Burial was In the Maple ; Grove Cemetery. The baby was born Friday afternoon. Gandhi in New Effort To Bring Unity in India NEW DELHI, Jan. 12. (UP>— India's. spiritual leader, Mohaudas K. Gandhi, said today he would begin a fast tomorrow to attempt to bring about Hindu-Moslem unity. He announced at his prayer ceremony that he would begin his fast after breakfast tomorrow in the attempt, to bring tlie warring religious communities together. CHESTCOLD? ' for "Comfy'onA ftttrt^'the MENTHOLATUM TWINS _ ^1 Went coin of 13IS bii<lj*et eviHMitlihires ilirecllv rc-flr-cied cosls of war, rf- fects of war and our efforts to prevent a future war. Ten years ago thr.t category of, expenditure took only i9 per cpnt. Compared with the current fisca year, the exepnclitures trend of the new budget is up nearly two billion ami the revenue trend is slightly down, a situation which inevitably wiH invite Republican attack, But the Republicans will havo a, lot to say siljaui the kind of budget estimating \vhich Mr. Truman MENTHOLATUM • Mother, when coughing spasms wrat:k your child's body an ole^ve bis cheat miiBcles so sore it hurts him to breathe — quick! call "Comfy Bud "Minty" to the rescue. Comforting Camphor nnti zninty Menthol, thu two famous Mentholatuni ingredients, are gentle to a child's delicate normal skin—but they work faat to help loosen congestion, ease soreness, nnd lessen coughing. ALSO RELIEVES NEAD-COLO STUFFINESS. NASAL IRRITATION AND CHAPPING A NEURALGIA \ off the President's spending b\ul- :ans dis- f Nothing Is more qitJrkl? efTecUva 1 I for tlie rcLkf cf neiirtiigln and I I hcfl-tachc tlian Dciuld Cnpudtne. I I Also soothe* upset nerves tine to I 1 the pain. Use only nx directed. m ^ ^ 1.400. all salable heifers and mixed yearltnga In mod"st supply. Market somewhat slow on steers although inquiry fairly active, with same true on heifers and mixed yearlings. Cow and bulls active and fully steady; good cows, S19-$22; common beef cows, S16-S18.50; canncrs and cutters, $13-816. before cd. Sen. John Sparkman. D.. Ala., expressed the sentiment of administration stalwarts. He said President Truman had "done just about ns good a Job an he could, considering world conditions." HP didn't think economy-minder! Republicans would be able to cm much WHAT DOES B.B. MEAN! LYIN'SFUN by RICHARDSON BABYS CHEST COLD * ADmnm.o IME "Ain'l what il use (o be ui> here—practically «x-(>I is learning lo fly!" BLYTHVILtJLELYING SERVICE R I niRUT ^*PIPE» DtALER CHARTER G.I. FLIGHT TRAINING PHOHE 2717 CHARTER SERVICE ILTTIIIILC IK • To relieve coughi • Make breathing eanier • Break up congestion in tin upper bronchial tract, m>»« and throat Here's • mil'Jfr form of good old reliable Mujte/ole—m«d« aptcialll for the avera E e baby's tender skin. It's called Child's Mild Muslerole and it instantly starts to relieva distress of ciiesl cotdj the minute it's rubbed on cheat, lliroat and Auuui;v4 vm cutdi, in roar, ana bacn. pju ^^ fc , _ w ^t ^E3B^H Miuterole give* «uch fatt, Ions- and Oil of Wintorgrwn) ir* praised lasting relief because it's MORK tfian by Ihe higheet medira) «uthorili*». Just an ordinary 'salve*. Tt« wonder- Just rub it on for prompt reliefl fill warming, stimulating ingredient* (Oil of Mustard. Camphor, Menthol CHILD'S M/LD MUSTEROLF RECTAL DISEASES (All Types Eice DAVID B. ANDERSON MASON CONTRACTOR Brick Work of Quality Boiler Work and Remodeling a Specially llOVa E. Davis St. Phone 4641 ANATURALAIDFOR Rhumat.sm , Kidney, Bladder 1>isoideis This Natural Mineral Water from Hot Springs, Arkansas, Helps to— W h y not give Mountain Valley a trial? It has helped in a n y thousands. 1. Discharge systemic wastes. Delightful to drink. 1. Stimulate kidney function. 2. Soothe bladder irritation, i. Neutralize uric-acidity. CROSSTOWN WHISKEY SHOP Main and Division Biytheville, Ark. Eat a Bonnee at Barney's" A Delicious Buttered Steak Sandwich BARNEY'S 2006 West Main Street Phone 3647 i! I FARM DITCHES DITCH BANK LEVELING PRIVATE ROADS OR ANY EXCAV/VTION S.J.COHEN Contractor LYNCH W.D6. BLYTHEVILLE ARK. • Wwte -3646 a*42Ki5 BUY high quality economical CONCRETE delivered READY-MIXED To Farmers: We can supply Ready-Mixed Concrete for any kind of job—foundations, sanitary dairy barn floors, feeding floors, to pave a muddy barnyard or other farm improvements. Prompt, quick delivery exactly where and when needed. Our Ready-MUtd Concrete is uniformly dense, enduring and strong—asyou expect of good concrete. The "mix" is right for the use intended . . . accurately proportioned at our central plant. Evert * small job gets the benefit of large volume production. Concrete is the modem way to build firesafe, long- lasting improvements, moderate in first cost and requiring almost no maintenance. It is truly low annual cost construction. If you need help we can *mt you in touch with competent contractors. HUGHES & COMPANY Ready Mixed Concrete — Building Materials fouth 10th at Railroad Phent 3531 FOR SALE TRACTORS and Equipment Now On Display At Our Lot JOHN DEERE FARMALL ALLIS CHALMERS FORD AH Sizes and Models Wo can furnish equipment for most of these trarlor*. M we flon't have what you want, we can get It for yon . - . THESE TRACTORS ARE PRICED FOR QUICK SALE! See Us Before You Buy BUD WILSON AUTO SALES Corner Main & Franklin Bud Wilson - Jess Horner Phone 2037

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