The Courier News from Blytheville, Arkansas on January 9, 1950 · Page 1
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The Courier News from Blytheville, Arkansas · Page 1

Blytheville, Arkansas
Issue Date:
Monday, January 9, 1950
Page 1
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BLYTHEVILLE COURIER NEWS THE DOMINANT NEWSPAPER Of NORTHEAST ARKANSAS AND SOUTHEAST MISSOURI VOL. XLV—NO. 247 BlythevlUe Dally Ne« Blythovilie Courier Blytheville Herald Mississippi Valley Leader BLYTJIEVILLE, ARKANSAS, MONDAY, JANUARY 9, 1950 TEN PAGES SINGLE COPIES PIVK CENTS 43,000 Soft Coal MinersWalkOuf; Give No Reason Steel Companies, One Big Producer Victims of Strike President Submits S42 439 000 000 Budget Adding $5 Billion to Deficit CITV LIIJKAUY—Mrs. Courier News FUoto C. W. Afflick, library board HOOKS I OH chairman, accepts 15 volumes for the Blythcville library from J. Louis Cherry, who made- ihe presentation Saturday at Hotel Noble on behalf ol the Blythevilte Underwriters Associalion. Looking on are librarian Mrs. Ira Gray (center* and other members of the Association. The books deal with the various phases of life insurance' in what Mr. Cherry, president of the aKsucialiou, tcimcd "a practical and readable manner." Chinese Shell Freighter t Nationalist Gunboats Fire on Cargo .Vessel Attempting to Run Blockade I5y Wayne Richardson Aboard the Flying Arrow off Shanghai, Jnn. 0 (AP)- Chinese Nationalist gunboats shelled this American freighter mercilessly today, rendering her unseaworthy with between 30 and 40 shell hits. There were no casualties amony the crew of 43 and 12 passengers. Chinese Nationalists gunboats, blockading red held Shanghai, stood guard over the Flying Arrow after the shelling. (From Taipei. Formosa, Cliinese Nationalist imval headquarters announced their \vnrfihips detained the American freighter^ nftr-r 'Uie sl.ic 11-^ :ng. -V Naval sp.v-TiviTnin sail* the f Chinese opened fire when the Flying Arrow ignored warnings to ha'.O Numerous fires were started aboard. -Sailors from the British sloop RlacK Swan boarded the Fly- incr Arrovi and helped the crew put out the fires. •' Some Cur^o JeUisrmnl Sjeai't of the ship's S10.000.000 car- ^Tioaried in Hong Kons was dumped overboard when it caught /ire. Capt. David Jones of Chicago pronounced the ship no longer seaworthy after inspecting the numerous shell holes. Some large ones V. S. Naval units. He said the were just abtve the waterline. shelling of the ship was "entirely Captain Jones requested th c i unlawful according to international ship's owners, the IsbramJtsen Line j Sec FLYING ARROW on Page 5 U. S. May Fi/e Protest Over Shelling Incident WASHINGTON, Jan. 3—M>)— Tile United States is expected to make a vigorous new protest to the Chinese Nationalist government over the shelling of the American merchant ship Flving At row ni'ilf tiici.m'hai. Meamvhil^ In Taipei, Formosa, a Chinese Nationalist Nnvy spokesman said the gunboat tired on tlie Flying Anon- only to keep her from entering n mine field and being blown to bits. of New York, to ask (lie U. S. State Department to mtcvcitte for safe passage to the nearest port for repairs. Shanghai is the nearest port. 'In New York, I[. J. Isbrandtsen, president of the line, called for protection of the Flying Arrow by Three Leachville Men Injured In Auto Wreck on Highway 63 PITTSBURGH, Jan. 0 (AP) —About 43,000 of the nation's 400,000 soft coal miners .struck today, singling out .steel companies and one giant mining company as targets for the second work stoppage n two weeks by United Mine Vorker members. Without explanation from cither UMW olFicisils or rank and file, miners refused to enter many pits Pennsylvania, West Virginia, Ohio, Kentucky, Alabama, and Virginia. Soft coal (bituminous) diggers in Western Pennsylvania led the parade. More than 20.000 nvc idle there in 36 mines which have a total production capacity oT 111,000 tons a iluy. A half dozen steel companies and tlie big Pittsburgh Consolidation' Con! Company reported their mines were forced to close. Practically all the 12,000 UMW miners in Eastern Ohio were staying away from work. In Kentucky, about 1.200 idle miners were counted. Only one Pitl-Ccnisol operation \vas turning out coal. Mines operated by U. S. Steel and Republic Steel Corporation were closed. Five thousand miners stop\iecl work In steel company pits in Aln- bnma. In Ohio. UMW officials declined comment. But in Pittsburgh, a Union chieftain said the walkout was news to him. No Kca.snii Given President John P. Busarello of the United Mine Workers' District Five said: "You're telling me something 1 hadn't heard about. No strike has been ordered. If one had been, I certainly v;ou\d know about it." Miners gave no reason for not working but a sign posted at a Rtvesvilte, W. Va,, mine of Pitt Consol said: "No contract, no work. 11 UMW President John L. Lewis lus instructed his men to work three days a week even though the contract expired last June 30. U. S. Steel Corp. sairt all 15,000 mi tiers employed in Pennsylvania, West Virginia, and Kentucky by its coal mining subsidiary were iril«. T]ie pits are. operated by the H. C. Frick Coke Company. Many sources expert the closings • spread to Ohio. Suits seeking many millions of dollars damages were filed by coal operators lust week in Ohio against Lewis and his union. Pitt Con.sol also operates mines iti that state. Pitt Consol. often called trie world's largest commercial coal producer, said none of its mines in Pennsylvania were working. In most cases, the miners simply did not show up for work or appeared am! went home immediately. At nearby Library. Pa., site of a large Pitt Consol mine, a miner said: "We voted at a local meeting not to work. None of the miners will work at any of the company's mines." Cut in Vets' Programs Asked;' Hand-Outs' Hit WASHINGTON, Jan. 9 Yern Hauglaiid tfPj— President, .Truinnn asked $6,100,000,000 today for veterans in the new fiscal yenr and expressed concern about the passiUilily of additional "special benefits." In doing .so, in his animal budget had in mind various bonus inul oth- ine&snne. Mr. Truman apparently er proposals on Capitol Hill, He offered kliLs yardstick: "We should provide through the vcter- anci unique neetLi of veterans aris- nns' programs only for the special in;; directly ircin diilit-ary service." He unjcci that Congress consider any ne\v veterans prog nuns in the light of social Security benefits that will be available to the general public. One-Seventh of Budget The S'J. 103,000,000 represents one- seventh ol the total budget the President a.skcri for running the government hi the fiscal year beginning July I. Also. Mr. Truman .sntcl that expenses of the veterans pro&rams in this fiscal year ending with June have ranged about SI. 400,000.000 higher than was estimated a year ago. This fiscal year's total is now placed at. $6,905,000,000. Kc proposed a thorough investi- education and training program in gallon of the increasingly-expensive schools below the college level, Truman Tells Congress Only Tax Increases Will Keep U.S. from Going Further into the Red Hy Charles Molony WASHINGTON, Jan. 0 (AP) —President Truman lortay recommended a S'12,'130.000,- 000 spending budget to Congress, lie said it will plunge tiie government $5,133,000,000 deeper into (he red unless luxes are rai.scd. The Budget at a Glance By The Associated Tress For Year Kinlhljt June 1050 1351 Outlay S 43,2!>J,OtlO,000 S 42,-l.lfl.OftO.OOn Income (Under present t:i\ law's) 31,763,000,000 37,3Wj,000,OUO Di-fii-il 5,534,(M)0,000 5,133,000,000 Year-em! lie.M 258,400,000,000 OT,800,000,0<X) $2 Billion Asked For Price Props Truman Admits Cost High But Sees Relief In New Controls Senators Want Details on Policy Toward S. E. Asia government action. demands for which he suit! \vould "oppress the mine workers and cripple thctr union/' The United Mine Workers' chief denounced Senator Taft (R-Ohio) Three Leachville men were injur--j» ed, one seriously, when the car In 1 which they were i-uiing crashed into j the rc;ir of a Dialled trailer-truck \ | 0:1 Highway t>H between Hcrget and f Bay eight miles southeast of Junes- j boro at 6:41) thus morning. i Injured were: Glenn Bur e c*s, 23; J WASHINGTON. Jan. Billy Reid. 21, and Tom Reid, 43, • Senators'"nemanderi today a cknr ; father of Billy, all of Happy Cor-i statement by Secretary of State uer. four and one-half iniie.s north- \ Acheson on American poltcv toward west of Leachville. - \ Southeast Asia. Hospiul attendants lUlcd the!. In lne backlash of bitter critic- condition of Bursts n.s "extremely I \* m of the administration's handl- criticnl". HE is suffering from severe j mg of tlle China and Formosa (fc.ernal injuries, and a crushed | ProWenis, Acheson goes before the f - u The'condition of NIr. Reid ami (f nc j la ^_^° rci e n ,Relations Commit- Mate nospttal Doctors Lewis Charges Oppression WASHINGTON, Jan. 9. (/JV—John L. Lewis spoke out today against Elimination a year n^o of 24 proposed new veterans hospitals nitil the reduction in capacity of 14, at a saving of 5279,000,000. remains in j effect. Dr.spite complaints from' many parts of the country during 1949 over cancellation of the pro- ; jects, the President made no move to restore them, Mr. Truman iiotnlcel on I Irnil (•N'licmlilurctj for veterans benefits "depend largely on haw many of our 10,000,000 living veleranjs, und how many dependents of decreased veterans, aypty uiiil tinalify for Liifl under some 300 laivs." Mr- Tan nan set forth that the ton n try's primary obligation Ls to snine ^,000,000 vctentiis with s:crvicc- inciirrcci di.sabtlitir.s. and to 300,000 fanulie.-! of veieran.s who died from such disabilities. Of the 17,000.000 veterans without service disabilities he -;nid: ''The Social Security proposals pending in the Congress apply to all the p^op'e, including veterans, Would Gel Service Credit In the pending bill to improve the old-age and survivors insurance system, veterans would receive credit for the period of military service rturing World Wtir II toward benefit-i under the system. "On the other hand, proposal- 1 ; nrc also pending in Uie Congress to increase greatly the special programs for veterans, who with their dependents no wcomprisc about two-fifths of our total population. "There is real for concern that we may overlook the close relationship of tws .systems am: superimpose on the general system of benefit. 11 ; an dovcrlapping ant unwarranted scries of special benefits for veterans, "f again urged that in consider- By Ovid A. Martin WASHINGTON. Jan. 9 (fl»j—Pre- sident Truman nskcit Congress today t 0 add another 52,000,000,000,000 to the government's $4,750,0110.000 pool for financing fnrm price supports. Acknowledging in bis annual budget report thut spending had been heavy in carrying out price gun'ran- tce.s to farmers, the chief executive forecast relief for the Treasury in crop production control programs now being inaugurated. The g.^"V»riimanl already has close to $3,500,000,000 Inverted in fnrm surpluses. Control programs are designed to prevent the production of new surpluses. Mr. Trtima n had wa r t n wo rti s, however, for the price support prog- rani. Coming "Ho operation with le postwar decline In farm prices, )e program has served, be said, "to iishinn the decline nnd has been n lajor factor in preventing a serous postwar recession in the cca- omy as a whole. Sayc ntncflts Top Outlay "The resulting benefits lo workers nd employers, as well as to fiirm- rs. have been many times the out- ay of fedcntl funds." The President ctnpbasi/ed that all tf the proposed new price-support 'uncts of 56,750,000,000 may not be, i ceded. Mr. Truman estimated that gov- lec tomorrow for a report o n World-wide International affairs- Even before the cabinet member's appearance. Senator Smith < R-NJ> said he will demand in the Senate that Achcson carry with him to Capitol Hill "a clear articulation of policy for Southeastern A.s ta. 1 ' Smith added that he wants the "-hole Senate—and not just Foreign t crashed into the rear i Relations Committee members such [ of a trailer truck owned by Robert; as—to have as detailed a report Berry of Newport. The truck was J as po^ible on Acheson's views. his son were listed n.s "fair". Neither is in a serious condition, it wns I reported. The throe men were riding in Mr. Reid's car enroutc to Trumann, i where Billy Reid and Burgess arc employed by the Poinpctl County 1 Lumber anc3 Manufacturing Com- I parry, at the time of the accident The car in which the three men | were riding crushed into the for urging President Truman to go ""g new or additional aid.s for vet- into court under the Tail-Hartley ' erans without service disabilities Act seeking to force miners to work! the Congress judge their necessity five days u week instead of three.] not merely from the standpoint o He said Taft asked the President! military service, but also on th "to herd the coal miners into thc-i basLs of benefits under the genera Ictnnl gns chamber of the infamous i Social Security, health and ednca slave statute." j tiou programs available to all thi people, including veterans." Mr. Truman r.sttm.ilcd I lint by (lie ctitl of the fiscal year 1*>S1 nn- 'Icr ihp Srrvirr men's mriil Act (the G.l. Bill nT H:£Ms). 8.000.QOQ veterans nil I hnvr re- re i veil i* rl lira I inn ;intl training hrnvfUs costing 51Z.ftOO.000 On Trial at DeValls Bluff to have .stalled on the highway! Similarly. Senator Fulbright iD- and the driver was reported on his j Ark>. said he expect 1 ; from the | way back to Jonesboro'for parts for secretary a "full justification" of his truck at the time of the acci- the administration's decLston not to I dent. The truck driver's name was ' *" | not learned. Driver or the truck told officers more active holp to the Chin- Nationalists before they fled mainland— and its subsequent that when he ieit the truck he plac- refusal to intervene in Formosa. cd flares around it. Uamaee to the ] "My o^'n feeling Is that the ad| truck was estimated at between 5700 ministration is correct in its course, DEVALLS BLUFF. Ark., .Inn. 9. (,r,—Dr. George W. Jack.son. State Hospital superintendent, and two .staff doctors today were charged; s,000.000 will have tlruvn unczn- wilh equal guilt in the stabbing of i nloymenl nnd srir-rmnloymrnl al- Robert Drew. Jr. here Nov. 18. j John Dale Thwealt, deputy prose-j cutor, in tlie opening statement at' the trial of the state hospital staff members, said: "It's immaterial who .stuck the. knife in this boy; all three joined . enrollment in school, job nnd farm fighl, the object of which WHS) training courses under the cduca- :o do malice to Drew. All are eq'.ir.i-j lion and (mining program would ly guilty." | (Celine from 1.03.000 in the current Dr. Jackson. Dr. w. G. Jenkins! ypar to 1.331.000 in the next, and and Dr, M. C. Berry are charged Sre UF.NKFITS on Page 10 with assault with inteni to hill in j . connection with a fight at a cafe here and lim:mcrs totaling S3,!lOO,OOO.OOfl. In addition, he said. 2.100,000 vr It-rat M will have bnrroun! S13 000.000 f)00 iii Riivrrnnienl-guar-in- (eccl Inniis. He estimated that the averag But even with "moderate" lax increase he wntit.s, the President set no date Tor n balanced budget. The rold wnr with Communist Russia takes the bigc.est spending follc.— $lfi,250,000,000, That fiRUTPH for I lie I9S1 fiscal year bep.inninR July 1 includes $13,500.000.000 for defense—up $400.000,000 from this year—and 54,700,000,000 for foreign Md. The combined total Ss $850,000.000 lower thnn current outlays. Next in si/c come.s rash for <lri- nicstk': proi!rnm.s, IncludinR Mr. Truman's "Fair Deal." This figure jump-s SU^.000.000 lo $12.-17R,000.000. The SI2.i:i9,000,000 spdulliiR ln- lal Is equivalent In $282.17 for p-.irli man, ami chlkl In today's iinpuhilloi). It is larger Minn last Jaiuiary*s record jicarr- llmp luulRd estlmalv. tint SHfiK,- 500,000 li-ss limn llic Si:i.2!>7.000 iiou 1 fx|iecU-(l lo lit* spcnl by June 30. The hticiyei mc.ssa^e rca<l by Sen ate and Clerks was the lonu on ret:or<J—'27,000 words. To Ic^i.slator.s clamoriiiR for IPS spending rather thnn more Mi. Trinunn slre.sscd the Itnpor tnnce of federal dollnns lo an ex pnmlftig domestic: economy. Tie sai his program, embracing a "moder ate" inx increase, Is "prudent" nn provides "u solid base for niovin townrtl bi'd^otary balance in tV noxl few yea,vs." The Prcsidenl set no tarficl fo linlancliifi lhe government's incmn nnd spending. Tlie While HOUF siitd lhe administration tux bill still tinder draft and would he read for Congress in n few days. "Tt is an budget, whir meets the realities which face us Mr. Tniman said. ' \Vc have mat and shirtl mnfce more ^TOSVCSR ward a less threatening world. Oi strength Is not bi.'iiu* impaired I our urescut great respousibiHtic nnd the temporary deficits requin to meet them." Even before he spoke, Cliairnui Cannon <D-Mo) of the House A| proprintions Commit toe offered brdeet hnlnncins idea: nil spendii by $2,500.000,000 and tnxc.s U same amount. Also a pin lining organization businessmen, the Committee f P^conoiTiic nevflojimcnl, came for a billion dollar cut in excise taxes and another cut on etjual size In the double tax in corpora lion earnings. ltali»n:iTi7rs Defense Costs Mr. Tniman skotrlK'd tbo make- tip of 1051 spending In hrorul stroke.s. Hc charged off nearly $30.01)0.000,000 or the 71 per rent his budget alioted to national defense, foreign Spending Is Called Vital to Economy lly Sterltne f. Orrcn —i WASHINGTON. Jnn. 9 C/Tj—President, Truman submitted a $5,100.00.000 In-tlie-red budncl to(fay with n warning to Congress that to iiinpcr with It might upset prosperity at home and peace in the world. -fore's How Each Budget Dollar Will Be Spent WASHINGTON, Jan. 9. (AI>>— Here's how President. Tinman plan* to .spend each dollar of the $42.-U9,000,000 budget he proposes lor the 12 monUis Ijcjjlmilng next July I: PillT' Cent. 1 ; Nalioiuil Defence 32 International Affairs ; II liilcre.'il on Federal Debt .... 13 Veterans Benefits, Pensions, etc IB Social Wellnrc- llcnllh-SccurUy 8 All oilier 23 ToU\l *!•«> Non-Veis Ousted From VA Classes District Funds Can't Be Used for Adult Education Program ernment expenditures hi behi\lf ol agriculture—Including various ncl- vities of the Agriculture Depart- neut such as research, market rcKU- ation5. sold conservation and forestry work—would total about $2,206.000,000 for the fiscal year he- ginning next July 1. Expenditures during the current fiscal year were estimated at about $2,671,000.000 and S2.512.000.000 for the fiscal year ending last June 30. affairs, vctcrjuis a tut in- Big Lake Rises To Slightly Below Crest C. G. Kcdman. secretary for Drainngc District 17. reported today that Din gntige nt liig Lake rc;ici 17.33 feet, or just sliRhtly below an anticipated crest, of 17.5 fcrt. Traflic continueii to cross the liike terest' costs of the federal debt with words: "Financial requirements to pay! the costs o/ piist WH r.s and to achieve a peaceful world." These four "cold war and nftcr- mn!h-of-war" items, all told, would cost $1,781.000,000 loss in ttic next fiscal year than In th!-s one. Then he discussed the nearly $12.500.000,000 In domestic programs that constitute the olher 29 per cent of hts bmlKel aud contain at, their core his welfare goals. He fin id the money a5,si!/,ucd Uiese programs "reflects — aiui hn.s been generally recognized by Congress f .o reflect—the nt-cessriry contributions of the federal RO\eminent In our modern economy." The military defense program alone u a.s hmlKi-tcil fitr S I3.M,">.- 000.000 S|icmlinir 5n 1«>S1. an innrnisr of S^V.OOO.OOO over llils year. PoreigTi ;ifd registered lhe biRfiCst decline from lliis \rar — [Inwn Sl,?5:i,000,000 lo .1 1051 lolal of $1,711.0110.000. t and SSOO. The. car was demolished. 1C. of C. Group to Plan \fducutional Projects but it should be justified to the people," Fulbright said. B/ytfteviffe Police Find Abandoned Stolen Car Desk Sergeant Tom Hardin of (lie tdwational project.? lor 1050 will Blythcville Police Department re- Ibfi planned tonight at the initial, ported this morning that a 1340 Imeetms of the 1950 Chamber of | Ford sedan stolen in Memphis Dec. I Commerce Education Committee ,to i 7 w.i.s recovered here vesterdav e headed by E. B Thomas. I The car wa.s found abandoned at The meeting will be conducted at | the intersection of ^sh and Divi|the Chamber of Commerce Otlic? |at 7:30 p.m. Those se!iedulcd to meet arc B. IB. Thomas, J. E. Stevenson, Jr., Iviee-chairman; H. A. Halnes, C. L. IMcWalers, L, Q. Nash, James Ter-i night. Officer sion StrteUs. Sgt, Hardin said. The driver has not been apprehended, Sgt. Fiardln said that the car apparently ran out of gas arid was abandoned sometime Saturday Hertnon Carlton, Dr. J. C." Suiird. and advisors Max B. Reid »nd W. B. Nicholson. •s Herman Lane and Bert ROKS recovered the car The car V.M reported ft.ilen fnmi owned by Robert Drew, Jr., his father. The other Stale Hospital stafT members. Dr. H. C. Miles and J. D. Hannah, are charged with drunkenness find disturbing the peace in connection with the termed it risky business. No relief is in sight for the flooded area bcUvc.-cn trie levees. The crest reached in Missouri last wet'k is not j expected at Big Lake until tomorrow. Meanwhile, rain in the Kennell area prompt'.s even more water for the lake region within the next few days. The 175 foot 15 expected to be reached tomorrow morning ;md the water Is not expected lo fall below that mark for several days, Mr. Redman said. New York Stocks 1:30 p.m. Qiiotationp: AT&T Amer Tobacco . . .. Anaconda CopjX'r .... •cl .. 147 Hiss Trial Delayed NEW YORK, Jan. 9. second perjury trial of Alger Hiss. former high State Department official, was adjourned today until tomorrow because ot a juror's illness. Soybeans Jolui C. Scott of. Memphis Dec. 7.. | July Mar Mav Open High l/>w ^S'- 2M 1 - 230'. 238-. 230', 227'226'., 72-1 | Bf:lh Ste jCrnrikr | Gen Electric Oen Motors -The ' Montgomery Ward .. M Y Central Int. Harvester National Distillers Republic Steel Uadlo Rocony Vacuum Stddcbaker , Standard of N J Texas Corp J C Penney U R SlPr.1 .Seals Sec M1M',KT on I'.isc 10 It's Back to School For Students after Prolonged Weekend Students in Mis.sis.stix>) County were back in scruxil Uxtav. afvr ice holiday in several schools rion-velernns have been nxehnlot from night school clnsscs bclni conducted nt the BlythevUle Hlgt School luulcr n Veteran's Admlnis [ration atiult cducntloti program nnd 11 was explained today thn stale law prohibited the uso of ills trinl funds to pay Instructors fo adult education, and Hint the V, ofllne would not pay for the In struction of non-velcnins. .!n it tll.scus.slon of the nigh school program, W. U, Nlcholsoi superintendent, expressed reyrt that at this time the "school di: trict Is not In u position, financial! or otherwise, to malutuin an adu education propjrnm." Under lhe school law of the -"5 of Arkansas It is not permissible t expend school district money on adult education program, fn add lion to this the District No. ft ha no surplus funds In the budget, a is press ed to keep tlie operation the day school within resources prr vitlccl. Mr. Nicholson explained that misunderstanding on the part of a mUVisl.ralors of tlu: veteran progra all'iivcd non-veterans lo enroll in classes provided for the veterans. An estirnnled -JO or 50 non-veterans had boon enrolled in classes whrrc Instructors were being pnid by Veterans Administration funds, In order that non-veterans con HI atloirl the veteism claF-sc.?. Mr. Nicholson stated, the VA had said thnt a proportionate part of the Instructor's salary would have to be paid by the nrm-vt-trrfin students, or from a source other than the VA office. Mr. Nicholson snid he hoped that f,oon n» a tin It education program, that was broad and practical, could be (omluctcd In connection with pi'blic schools, but that at present neither state lav nor school district funds would permit such piugrnm. the prop for income H Ls an autl-delhitkm budget, a-s ccouomisU'i v;ouUl view it. The jjov- i-rnmcnt would be putting more money into the public's pocket than It out in July ]. That id buying power. Mr. Truman replied lit advance to expected roar of disapproval economy-minded Cougrc.s.i etubers Federal expenditures, he Id, ruxi "direct supports for im- ortant sectors of our economy." Ho declared that the budget "pfo- dos a "solid b;isi,s for nioviup to- a:d budgetary balance In the next years," and gave this warning gainst "sharp and arbitrary" ashes: "Irresponsible and short-sighted hUtgcl action could contribute to a orscnhiK of the world situation nil U) a decline In production and niiloymcnl In the United States." If business slumps at home, or If uts In military and foreign npcml- ig ca\Lse tt\e International sltua- Ujii to worsen, the President said, we v;oulil find ourselves faced by be necessity of budget outlays mich larger than those I am proposing, while the prospect for increased revenues would be much ew encouraging, 1 ' "I am convinced," he added, "that he recommendation.-; I urn making, joth for cxpunditiirt'o anil for revenues, will contribute to continued "•couomlc developtntintii." Hints ut Ulster Taxes However, he gave a broad hint .hnt he plans higher t;ixo.<; on cor- ;>oration.i. It crimo in a discussion of Ills announced phuw to send to 1950 'Y' Officers Will Be Elected In Meet- Today Close 231 227\ 224'; M 7-8 32 1-2 6S 3-4 43 3-8 71 3-4 57 1-4 12 t-P, 28 3-8 23 5-8 24 3-4 13 5-8 16 7-8 27 7-8 69 1-8 61 7-8 56 1-2 2T 3-8 44 Southern Pacific W !-«' officer* said. Theft of Safe and $200 At Little R'tYer Probed A small safe containing approximately 5200 in carfi was reported | stolen from HiL^oll cited) GUI'* | billiard parlor in the LUIc Rivrr | community !aj f - night, H aas reveal- | cd today. i Details of the robbery were not j learned this morning, the sheriff's , office said, pending an Inrc&lfga- tlon by Deputy Rbi-rifE Hollaiul Aiken and Tom Smallcy, criminal investigator of the Arkansas Stale Police. Deputy Aikcn and O'/icer Smalley were in Little River this morning conducting nn investigation. The burglars entered the pool room and ranged Away the safe along with & quantity o! dgaitltC3 M on Thursday and in .ill schools on Friday, gave them r» Innj; vcrk-end. fey roads and bar! .vcalhrr rnrn- j binin? heating and";inrfarl«>n ( problems m a d e cUxsrng o f the schoobi practical. In Blythnvlllc sclir^ls tlwre Is not a scheduled holiday for (he cloxVng of the first seir.r>l(T nit January 20. and rc.stimed on January 2^. be ^onfjrc.Vi ft .specinl tax mniyjagc calling lor a "moderate." 1 Increase In tuxes. The hint wa.s this: Mr. Truman liU tho in revcmicr, won't be nervrly ti.s In rye it] 1351 as In later yonr.s "owing to the time re- ciuLrctt for SOHU; of Uie changes to become fully effective." TliLs may have referred to the lag in collecting from corporations, which pay each year on the previous year's profits. Only one-fourth of the tax in lfl50 profits will fall due before the end of fiscnl 1051, which IK is niontlLs from now. Estate and gift tfixe-> also lag. and arc likely candirfat&s for incre.-Lse. But individual income lax<'.s aro on a pay-iW-yoii-ijo l)^,sLs, -10 Mr. Tni- man ohvioasly wasn't talking about them. And lie probably meant excise tux rcduction.s when he said, in anoth- j.n.s-sagc. thnt some of the changes "will re.sult in an Immetii- ai.c loss in revenue."'n have urged cuU in 'A'tirtinic excises on IruiLsportation and ninny consumer goods, Ucclnrin^ Them a sc- riou.s handicap to buMno.5. Thinks Taxo?> HP!;I Ilusitirss The Pre-slilcut pfomUtd. that llic tax pro;xkr-;:ils. if approved by Con- ?rc-.^s. will .stiuiuhitc- the fclnd of ijivcAtnient, coiiF,umption and , r ,av- inij "v/hich wili contribute to an exprmdins economy." AUhoitKh tlie nii:.-.-afc referred rep tat fd] y to v.'n-il he culled the "tax reforms." ho gave r=o turllir;r rc;il chie to tln-ir nature. Speculation hiL- <'er:ttrr<l on tht- cnrprna.- pcr cent, ajifJ each iKTO'^nsr pi-itu of Ijirrc^isr,- rm. i >L',s anolfifcr SljO^jGO,- 000 in rfvrmifj. Tlic biidurf. oml.tys \\ ill h.ive a. ,Src KCONOMV on IMJjc 10 N. O. Cotton Open Mar. Oct.. Dec. ...... 3C«7 ...... 3033 ...... 3MO ...... 28M ...... 2843 30W 3088 3011 ?KK 2&I5 I/™ 3W1 3080 MS6 W41 New York Cotton Mar. May July Oct. D«c. Ojicn . 3003 . 3089 . 3018 1 28'!3 . 2852 lliph ly*w 3098 3068 3005 3087 3056 3046 2Bt-B 2S57 2866 '-&& Ofliccrs for the Blythevlllc "Y" •Acre scheduled to he elected at a meeting a'. 4:i-5 today at the "Y" rooms in c^'v hall. The election 7..H to follov*' induction of ?eveu new directors by the board. Oth< r dircc'.or-T are named for three year terms after ekction by mail ballots by *l.c "Y" members. The directors elected by t'/v board aiirt our named by the ttly- J thoville Min;.^nlal Alliance serve j one year terms. \-^0 Also ^ht'diilrrl ^o be. heard rit 3032 ! tn e mectin? tonmhl are yearly lin- 30^1 nnclsl and i>rot T r;im reports. Retiring officer.! are: J v/. Ad- ;| nis, president; P.^co Cr.sfton an<! Jack Thro. v!; ilar- voy Morris, .<-erretary; and Hcr- mon Carlton. trea.surer. Directors to be inducted: Cecil [.owe, ElbcTt Huffman. Roland Bishop, Frank Nelson, 5Iarold Surt- Weather '1039 233-i 1:30 3069 bury ftnd Jimmie Sanders for three 3033 year terms; and Lloyd H. Wise for SOW a two year* term. IHUn^ an urt 2£58 [ expired term of Jack Thro, who 28471 moved to St. I/ruts. <Uk;insas furcriist: ,\V>.-,tly closely and -,v;\.rrn ^.ith j,c;!lEe:rd lisiiit. rain tonisjhL and Tiir.^clay anri in .soiitti Missouri forecast: Partly clo:;dy, 'iui?e \\intiy and ivarm with occn- .lional li^ht riiln likely southwest anc! extreme west oprticsn-s late (o- r.iirhL or Tur. : drvy. Ui'.v tonight 40- tj; h:^fi Tm:><:Kty. lo^io. Mmmiim this inorninc-- Wj Maximum yr.s',eit3.u --n3. Minimum Kun. momn:;-- 2n. ^^nxirnum Saturday—60. K^nsct to(lay-5;07. Sunrise tomorro'-v—7:07, Precipitation 43 hours to 7 a.m. today—none. Total flr:cc Jan. 1—4.47. Moan terr.r-crature (inUr.vav bi- t'Aten hi^u and low--43 5, This Dale I-ast Year Minimum thu morning—50. Maximum yesterday—62. Precipitation Jan. 1 to tlibi data

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