The Courier News from Blytheville, Arkansas on November 13, 1947 · Page 9
Get access to this page with a Free Trial
Click to view larger version

The Courier News from Blytheville, Arkansas · Page 9

Publication:
Location:
Blytheville, Arkansas
Issue Date:
Thursday, November 13, 1947
Page:
Page 9
Cancel
Start Free Trial

Page 9 article text (OCR)

THURSDAY, .NOVEMBER 13, 1947 BIATHEVILLE (ARK.) COURIER NEWS British Do Away With Subsidies Drain on Treasury Too Heavy for Faltering Economy LONDON. Nov. 13. tUP)—Thfe Labor Government served notice on the British people today that they would have to pay more for their clothing and shoes In the future as a contribution to the battle against Inflation, Chancellor of the Exchequer Hugh Dalton announced in Commons that the government had decided to do away, with subsidies on leather, cotton and wool this year. They totaled 1132,000,000 last.year. Dalton presented a special supplementary budget to the House. He said the country must strengthen immediately Its budgetary defenses against inflation. The profits tax will oe doubled to 25 per cent on distributed profits and to 10 per cent on anticipated protits, Dalton announced. Dalton increased all rates of the purchase (sales) tax. with the 100 per cent duty on luxury goods Jumping to 125 jwr cent. The income tax remained unchanged at the basic rate of nine shillings to the pound ($1.80 to $4). ! But Dalton said he would examine a readjustment of the taxpayers' burden before he submitted his next regular budget in April. The government will charge tardy income and excess profits taxpayers i three per cent interest beginning Jan. 1. | Dalton said the govermnenl's cuts in mipoits and increases in cx- porls had increased inflation since the purchasing power remained unchanged while available goods were dwindling last. He said he had estimated a budgetary surplus of *l,C32,OOa.OOO tor the liscal year ending next March 31. Already, he said, the treasury had a. surplus of S1,012,000,COO. The purchase tux increases will be from 16-2;3 per cent to 33-i|3 per cent, from 33-l|3 per cent to 50 per cent, from 66-2 ; 3 per cent to 75 per cent, and from 100 per cent to 125 per cent. The tax on whiskey will be m- • creased, making the price of a fifth 30 instead of 25 shillings ($6 instead of $5). Princess Elizabeth Given 54-Carat Truman Busy Diamond By World's Richest Bachelor yy/f/j Message To Lawmakers LONDON, Nov. 13. (UP)—A M- | carat pink diamond was on the way from Tanganyika yesterday as a wedding present for Princess Elizabeth from Dr. John Williamson, paid to be the world's richest bachelor. With word of the dispatch of Williamson's diamond from his mine in Tanganyika, the value of the accumulating wedding presents mounted to astronomical figures. The wedding treasures Included a priceless ruby necklace from Burma, jewels from Queen Mary's collection, and gold, diamond, emerald and sapphire pieces from many other places. Uespite the austerity keynote, it appeared that ttic- wedding gifi-s would run into millions of dollars. South Africa announced today lhat its sift, a 22-carat gold slaver icprcsentmg the largest gold casting ever attempted there, would be brought to London this week-end by Field Marshal Jan C. Smuts, premier of the Union. The Civil Aviation Ministry announced that all civil flying over Central London would be forbidden Iroin 8 a.m.-to 6 p.m. on the wedding day, Nov. 20. Queen Mary pleasantly surpris- ed, she said, at Ihe Interest in her wedding gown, permltter designer Norman Haitncll to describe it. She will wear a dress and flow- Ing hip-length cape of aquamarine- colored chenille velvet embossed on a foundation of gold tissue. The dress will be floor length In front and slightly training at the. back, with high neckline and long sleeves. The queen mother will wear > toque of similar swathed material, thus disproving rumors that she was going to change her style after 40 years. Across the bodice she will wear a blue ribbon of the Garter and Jeweled Star. Her Jewels will be R high collar of pearls and necklace of diamonds Marriage Licenses The following couples obtained marriage licenses yesterday In Ihe office of Miss Elizabeth Blythe county clerk. Thomas Lowe of Kcnnctl, Mo., and Miss Mary Lynn Sweat of Blytheville. Lincoln Keeling and Miss Velrna Lee Ford, both of Blylheville. WASHINGTON, Nov. 13. lUP) — President Truman will deliver his foreign aid aijd price message In |)erson to the .special session o[ Jongiess next Monday, tin- White House announced today. The president will speak at 1:30 |).m. to a Joint session of the Hous. and Senate In the House chamber. The President's message has not beeti completed, according to Pres: Secretary Charles. G. RO.SS. The'President has conferred frequently witli business and laboi leaders In recent days while drafting his request for foreign Bid and action on prices. He conferred recently with Earl Bunting, president of the National Association of Manufacturers. Yesterday he invited to the White House Earl O. Shreve, president of (he United Stales Chamber of Commerce. The President saw William Ore'en, resident of the American Fcdcra- PAGE NINI According to electro-scientists, an atomic bomb generates a temperature ol 100,000,000 degrees Fahrenheit. Milestones call for MONEY Grflt. * from General Contract Purchase Corp. 119 West Ash Street Phone 2928 200 Nationalist Planes Defend Key Rail Junction SHANGHAI, Nov. 1J. (UP)—Semiofficial dlspalches Irom 1'clplng claimed loiluy that more than '200 Nationalist war planes hiu! turned Ihe lidi- ol a fierce battlu for the key railroad Junction ol Sclchtu- I ehuang. . | The dispatches from pro-government sourcr-.s insisted that the city. ISO miles southwest of Pelping. \vi\s ' still in Nationalist hands despite iwrslslenl ruhiors Tientsin thut ' it had been caplnr 1 by Communist troops. Nationalist re|x>r from IVlplnx said Communist Co cos had driven < through the East id South Rates Into the imu'r (lett M's of the vlty. j Hut the 1'elping ports said the \ Nationalist Karrlsou had rallied and j driven the Communists back to the [ suburbs. . • i According to these reports, 2,000 tlon of Lubor on Monday nnd yesterday he: asked Philip Murray, CIO president ,lo come lo (he White house to discuss (tie foreign akl plans. Communists were killed ttncl cup- lured. Because of poor comnnmicn- tlon.s—Communist artillery had knocked out Slilhrliliu'hinim-.'.s power system—reports in, Peiping covered the fighting only Monday and part of yesterday. FRAZIER Bus Lines New Location 105 North I.nlio Street 1M10NK 2:J9.1 Buses to— • ARMOKK1, • 11 UK KM AN • I'UOMISKD LAND • NO. i) • STATIC UN 10 CHARTER BUSES fat Shop in Connection NOTICE We Will Be Closed Every Monday Beginning Nov. 17th OPEN EVERY OTHER WEEKDAY FROM 6 A.M. TIL 11:00 P.M. SUNDAYS 11:00 a. m. 'Til 11:00 p. m. SYCAMORE HOUSE Arkansas-Missouri Stale Line Now Owned iiiut Operated by Ulr. iiiul Mrs. G. Raymond Van Horn / IT'S OPEN NOW! V CASSEROLE DISHES FOR COMBINATION MENUS This exclusive Mon.rcrT gives you the convenience of two ovens. With the surface oven, you just lift (he cover and there's your food — saves stooping. When the capacity of either oven is not enough, you can cook in both ovens at the same lime at different temperatures. Yes, the Monarch Roaster Range gives you plenty of oven space for all occasions. Also equipped with Monarch's exclusive "Dccp-Heei" Sauce Pan. Come in and see this new Monarch — there's no other range like it! , Hubbard & Hoke Appliance Co. And It's More Fun Than a Three-Ring Circus! You'll Be Glad You were good when you see all the wonders Santa has to show you in our land of toys. We've gifts for Santa to tuck in your stockings . . . hang on your tree .. . place under the tree! Just think about all the things you've been dreamily of ... then close your eyes wish hard and wait for your dreams to come true on . • Christmas Morning! ON OUR BALCONY FLOOR For The First Time Since Before the War: * Magic Skin Dolls * Chrislmas Tree Lights * Electric Trains * Hundreds of Other Postwar Metal Toys! Opens 7:00 a. m. Closes 6:00 p. m. HARDWARE CO. Inc HOME OF FAMOUS BRANDS 126 W. MAIN ST. PHONE 515 Open Til 9:00 p. m. On Saturdays

Get full access with a Free Trial

Start Free Trial

What members have found on this page