The Courier News from Blytheville, Arkansas on August 21, 1947 · Page 9
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The Courier News from Blytheville, Arkansas · Page 9

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Blytheville, Arkansas
Issue Date:
Thursday, August 21, 1947
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Page 9
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THURSDAY, AUGUST 21, 1047 BLYTHEV11.L10 (AUK.) COURIER NK\Vg Treasury Shows Greater Surplus Truman Estimates Savings for Year to ^Top $4,667,000,000 WASHINGTON. Aug. 21. (UP) — I resident Truman yesterday hiked "Is estimate of the 1948 budget surplus from $202,000.000 lo $4 667000,000 but opposed using any of It lo reduce taxes. He maintained the surplus should »e applied to reduction of the huge public debt or held in reserve foi H^ lblc additional international In a midyear budget review President Truman estimated fiscal 1948 • expenditures at $37.000,000,000 ami receipts at $41,667,000,000. These estimates compared with his January figures of $37,528.000.000 for expenditures and $37,130,000000 foi revenue. All the figures are for the fiscal year from July I. 1 1947 to June 30 1948. They did not include an possible outlays to help Europe next year under the Marshall plan Mr. Truman credited the Republican-controlled Congress with a budget saving of $1,520.000,000 But He said, about $1.0(10,000.000 of this would be offset by increases in spending over the amount contemplated in the original {Midget estimate last January. Republicans have been claiming budget savings totaling from $4- OOO.OCO.OOO to $7.000,000000 They »™ M t !' Cir clilims ""'"'Is '" new appropriation requests. President Truman made bis calculations on tne basis of government spending Wants in Reduca I>ebts The President did not discuss the tax issue as such. But he said "Ihc surplus will .be devoted to retirement of the public debt " Unless Congress could override him that means no tax cut at least until July 1, 1948. And he indicated he might be against it even after that. He stood pat on his position when he vetoed the two'Republican tax reduction bilk approved by the past session of Congress. He then said it was not the time for tax reduction. The surplus now anticipated is about $700.000,000 more than the $4,000,000,000 a year saving estimated for taxpayers under the two Republican fax reduction bills which President Trumun vetoed. He now said that using the sur- * Baggage.Limited—So No Razor r Former Gambler Confesses Defrauding Bank in Florida PAGE NWB Lake Worth. He Identified himself as Roy Hruck, 28. formerly of Cleveland. He walked Into Ihc |»lico station early today and asked a number of qiusllons before h'j was satisfied he was In the right place. Then he said: "i was a trusted employe of the bank un'.li July ». On that day Instead ol transferring $9.000 to another dcpartmnnt, I took It and left to,ui "I didn't tell my «-|f> nnd two small daughters, good-bye, 1 don't know why I left without even a phone call. I haven't got a iilme Briick said he had last most of the money, about $8.500, In gambling hulls in uis Vegas, Nov., but that he hi.d done the things lie ouays most wanted to do — travel, drink niul i;nmbtc. Police held him in Jail awaiting IT. report from L.ikc Worth. : Was I'rofcxnioiwl aunMcr j LAKE WORTH, Fla., AU|f. 21. |(UP) — The confessed embezzler of »9,000 from the bank which con- jsldercd him n trustworthy employe <w»s revcnlrd today as a onc-tlme {'house nmn" for various leit. I spent the money like water, , Jlng. spots, and an expert at bridge I can't explain why r did it. 11\ The Kill s nl<l rtoy Uruck, who etnlmcd to have lout $8.500 of Ihc Lake Worth First National Malik's money nt Lss Vegas, Nov., tables made a career of winning belcrc he wt>nl behind Ihu cashier's wicket 10 months ai(o. When ho left here mi lily 2li. iiyenU said, he look im on July 2'J. nuents said, he took an Since the!! 1 disappearance Ihc couple were Iraccd to Miami. Atlanta, Dallas and Chicago, where the slvl left him. The l r !ll had no knowledge of (lie I.as Vegas trip, which Uruck revealed when he surrendered to police In Cleveland, O., yesterday. Tlio Elrl, an attractive lioncy- blonde, was said lo have returned to Iflke Worth In tho pnst fe.v days. H has not yet bmi determined whether she will bo accused of complicity. A bank official reported Hint Hruck, a war vclmin, was thought, to have made previous smaller (hells, but (hut his books were still under study. • The bank said It would not handle the prosecution of 13rnck, whisc parents, wli'e and two children live hero. Charges will probably bo brought under the rtd«r»i r«*rve act or by his bonding company, it was believed. Old Arkansat flection Law to Got Court Test Ileaded for his homo in Lizcmores, W. Va., bearded and barefooted cyclist Orval Brown pauses in Hoopestoii III., on the last lap of his self-styled "prescription" bike tour, which has taken almost li. months. Brown, who was discharged from the Navy for nervousness resulting from wartime sea duty, said the trip lias settled his - . nerves and restored his conlidcncc. plus of about $4,700,000,000 tor debt! reduction would be "an important! bulwark against the severe inflationary pressures to which the country is now subjected." "The international situation has also made it imperative thy. we plan for a surplus, both in view of the problem of promoting world recovery and of the need for a reserve against emergencies, whether at-home or abroad," he added. To Follow Same Policy in' '48 President Truman promised that "the same prudent policy" mould be followed in preparing the budget for 1049. The 1948 fiscal year will end next June 30. The President will present another review of the 1948 'Here arc but a few of the many-flne. buys you'll find, at our two stores:'Stock up-your pantry-for the fall da-ys!,ahead with.plenty, of good staple items at popular prices and be afiead of an Increase in food costs. Sunny Brand Sweetened Condensed Milk 28c Wilson Dairy or WoodlockDairy Sweet Milk Qt.l/c | Clapp's, Heinz, Gcrbcr, Swift's or Monarch j 6 for 45< ^ Admiratioi IbJar 45* Riverside Sliced Ib. 69* Duke's Mayonnaise pfr. 48c Cottage Cheese Ib 28c Pepsi Cola 6 bottles 25c Coca Cola 6 Bottles 25c Ground Beef Ib 39c City Super Market 109-111 W. Main St. Phone 2668 Little Super Market Air Base Open 'til 7:30 Tuesdays and Thursdays budget, along with- his first 1940 budget, in a message to congress early next January. Mr. Truman is .expected to include in his next budget message an estimate on'foreign expenditures -hnl would be'.'required under the Marshall plan to aid Western Europe. Little' of this money, if voted by Congress, could be spent In time to affect the Jlscal 1948 budget. Congressional extension or wartime excise taxes accounted for $1.130,000,000 of' the $3.937,000,000 increase in estimated government revenue since last January. Most of the lemnlncdr, Mr. Truman said, was "due lo the rise of prices "ilnd national income." HELP WANTED The H. F. Coodrich Company has openings in Hlylhevillc, Hussellville' and Arkadelphiu for men lo serve as Itudgel Managers. These men must have a sales background and K»<ul experience. A«u limit 25-»0. Straight .salary proposition. See W. 11. Davis for personal interview .it lilan Heath Auto & Home Supply, Store, Friday August 22iul .F. Goodrich FIRST IN RUBBER 1366 Union Ave. Memphis, Tenn. iArk., AUK. 21. (UP)--Plnns were being made in Kiyeltevllle loilny to test a 72- yrar-tiUI law governing election contest. Mills. , ' ')'!ie Arkatisns law of 1875 states I rat election conlca suits must b3 (lied -before Ihc first term or Coun- ty Court following tttt ' tfMM election, and / not Mcr tlan t Moond term. . ' ^T', However, Judce 8M Woo* Fort Smith, upiwM i' Fayettevllle the right of eit Dotscn, tlffMted candidate for "*"fn Iff last ''November, to fUc suit B'X months after the »llrtlffi ; , A petition protecting becrinc of tl>c suit In (Madison County Court wns filed In Circuit Court by Sheriff -Eerry Denny, who defeated Dot- eon by a 33-vote margin. Here comes Handsome! B RKATHi'S there a man witli soul so dead he doesn't relish a little open admiration from the sidewalk? Can you name us a male, modest though he otherwise be, who fails to get a secret bang out of public appearances with a creation as gorgeous as this one? Well, you need only take charge of this beauty for a while to see how much, much more it docs for you than flatter your masculine ego". Touch off the eager power in its eight big Fireball cylinders and sec how your pulses start pounding. Swing back the top with a touch on the handy control — run up the door windows as windscreens — and feel the spirit of adventure start welling up in your soul. Head out where you can match this Buick's easy stride against the stretching miles. Route yourself where ruts and gravel can pit themselves in vain against the flawless gentleness of fluid, all- coil springing. Get the sweet feel of this light and easy wheel — sample the heft and size ol this ever-steady traveler. In truth, here's the sort of playmate a man can spend a lifetime seeking. Merc's good friend, boon companion, lively, dependable, eager partner for any frolic or any traveling task. So why delay longer the lime when you can call one yours? Reach a decision now on your long-range planning — and see us about getting your order in. We'll take it, with or without a ear lo trade, and make equal effort in cither case lo make your dreams come true at the earliest moment in our power. ONLY BUICK HAS ALL THESE funo in HFNfiY J. TAVIOR, Muluol Nelwojl, Monday! onrf fiid LANGSTON-WROTEN CO. Walnut and Broadway Telephone 553 if AIRFOIL fENDERS \ if fIREtALL POWER * ACCURITE CYLINDER BORING * SILENT ZONE BODY MOUNTINGS if FUTCWIIGHT PISTONS if BUKOIL SPRINGING if rVU-UNGJH fORQUE-WK DMVE •* PERMI-FIKM STEERING if BKOADKM WHEELS if STEPON PARKING BRAKE if DEEPFLEX SEAT CUSHIONS if CURL-AROUND BUMPERS it TEN SMART MODfLS •k BODY BY FISHEK When better automobiles are built BUICK wil! build them

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