Hope Star from Hope, Arkansas on December 29, 1977 · Page 5
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Hope Star from Hope, Arkansas · Page 5

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Hope, Arkansas
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Thursday, December 29, 1977
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Page 5
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Thursday. December 29. 1977 HOPK ( AHK.» STAR The Social Security system: Mrs. Frost tells it like it is Page Fivp At Tuesdays' meeting of the Kiwanis CTub at the Sheraton Inn, Mrs. Sallic Frost of the Texarkana Social Security Office was the guest speaker. Kiwanian F.C. Crow arranged the program and introduced the speaker. In her opening statement Mrs. Frost said, "It is my opinion that most people, particularly the younger people, do not know what is really going on in Social Security. Unlike some, I tend to try to ten it like it is rather than how we would like it to be." She started her talk by giving some figures of the financial impact of Social Security in Hope and Hempstead County. The approximate dollar amount of money coming into the county is $727,000 each month. SSI benefits or a type of welfare payment adds $80,000 making a total of about $807,000 per month. In Hope about' 40 per cent of its people are getting some form of SS benefit. For the county as a whole the percentages in surrounding counties look like this: Sevier 23 per cent; Little River 22 per cent; and Nevada county 28 per cent. The speaker discussed briefly some of the aspects of the new Social Security bill just passed by the Congress. Within the next two weeks much more information will be available in the Social Security offices of the nation. According to information available and in the press there are two major changes that one should be aware of. First a SS beneficiary under the old law could not make more than $3,000 annually and draw full SS benefits. This figure for 1978 is $4,000. However, this seems to apply only to those who are 65 or older. The beneficiaries under 65 may not make more than $3,240 without losing benefits. The second provision is one that will affect each —Henry Haynes photo with Star camera Stillie Frost is guest speaker prospective SS beneficiary. From Jan. 1st, 1978, until and unless the law is changed, there will be no more retroactive or back pay. Until now if one on reaching retirement age did not apply for benefits for a year, he would receive benefits from time of eligibility until time of application. From now on he will receive benefits ONLY from the time of application with no back pay being available. "If you are thinking of retiring and possible have some back benefits due you, then it would pay you to go to the SS office and file before the first of the year," said Mrs. Frost. Those 50 and over and already on SS have a good buy in the Social Security system. Those between 50 and 62 and not already on SS are going to make good money on their investment. Those 40 to 50 will come out ahead. Those under 40 will more or less foot the Social Security bill. Mrs. Frost opened the meeting for questions and gave satisfactory answers to those asked. Kiwanian K.G. Hamilton reported that Santa and some Kiwanians visited the three nursing homes in Hope last week and distributed gifts to the 183 residents. x Carter uncommitted on ed budget, taxes WASHINGTON (AP) - President Carter, trying to balance a pair of promises, concedes that he can't guarantee a balanced federal budget by 1981 without jeopardizing his planned $25 billion election-year tax cut. "If there was an absolutely rigid fixation on a balanced budget, then there would be no chance for tax cuts," Carter said Wednesday night in a year-end interview with television correspondents. "But I think when you take into consideration that we have a $25 billion tax reduction for the people next year with about $6 billion tax reductions this year, that is $31 billion, (and) that is a major benefit to the people. "I just can't give a firm commitment on how we will balance tax cuts versus a balanced budget by 1981," the president said. His statements seemed to hedge his campaign promise to balance the budget during his first term. As recently as last week, during his Christmas vacation at home in Plains, Ga., he was asked whether the balanced budget was still a goal and not just a dream. "Absolutely," Carter declared. In the television interview, the president was asked whether he still thought that balancing the budget by 1981 was a realistic goal, given claims on the budget such as his promise of a tax cut. This time, Carter replied, "Obviously, I can not guarantee that. We have obviously known that to balance the budget would be difficult. "It depends upon how fast business invests, how many people are at work, which cuts down obviously on expenditure for unemployment compensation, welfare payments — and there has to be some tradeoff," Carter said. " ... It would take about a 10 percent annual increase in real terms in business investment with the present projections of economic need. "We want to cut the unemployment rate down considerably and, of course, we want to deal with the problems of the cities... We also contemplate in the 1979 fiscal budget emphasizing anew our interest in solving the higher unemployment rate among black young people ... We want to meet the legitimate needs of our people and at the same time not let inflation get out of hand." Meeting those needs costs tax money, Carter acknowledged. But, apparently replying to former President Gerald R. Ford's contention that people would about break even between tax increases and the proposed tax cut, Carter said, "I think the benefits to be derived from our tax cuts in 1978 and 1979 will exceed any tax burden that may have been added." The questioning began with Carter's tour beginning today of Europe, Asia and the Near East. "Energy," the president said, "will be the tie that will bind us together on this trip." Wherever his journey leads, Carter said, "what our nation does with energy will be a prime question." Until Congress takes action, he said, "that cloud will hang over the determination and leadership qualities of our country." Carter also said he would introduce a national health insurance program in the next session. Congress "can't pass it this year," he-said, "but it will be introduced." Carter predicted Senate approval of the Panama Canal treaty by April and said senators should not amend it because that would require Panama to have another referendum on the pact. "I don't think it would be fair," the president said. Instead, he said, the Senate could express its understanding of what the treaty specifies about U.S. rights to defend the waterway after Panama gains control of it in the year 2000. Letters To The Editor This is your rwwspnper. Write to it. Address letters to: Editor The Stnr. P.O. Box MS. Hope. Ark. 71801. All letters must be signed, with address so you are identified to the newspaper staff, but if the character of ttu lettei permits we will allow use of a pen-name in the publication, in which ca«e you should add "Citizen." or some other word below your real name and address. Pen-nnmes are permitted when a letter deals only with issues. Direct attacks" upon public officials, however, must hear the writer's name for publication. Tim* 1 trap) 1 Another year is closing, like the last page of a good book. A new year is dawning with all the freshness of a spring sunrise. Some people try to live in blocks of memories somewhere in the past. The future also holds huge blocks of time; but they don't exist either. These are time traps that deceive many. Between the old and the new there is a time that is filled with action. That is where we live. The year 1977 la closing. Father Time, with his sythe over his shoulder stands guard at the gate. We cannot go back. We can change nothing. We may look back and recall pleasant memories...or severe trials...or other events that have special meaning to us. A few years ago, for. example, the writer tried to revisit the place his outfit landed during the battle of Okinawa. It was grassed over, trees had grown up, and the location of that beach was lost. So it is with other events. The dust has settled. Cob webbs have formed. Father Time stands at the gate already rusted shut and grown over with vines. We cannot live in the past It is a time trap. Living in the future is also a trap. It is like trying to cross a bridge before getting there. New Year's Resolutions are wonderful. They can be guide posts for life. They can help us become better people. If you plan to keep these resolutions during those huge blocks of time in the future, beware. They are time traps. The only chance we have to get ahead of Father Time is now. Now, we can make Time work for us. Now Is Eternal. Now is the time for action. In the now, we shape our future destinies; we form character. We are today-Now-what we prepared ourselves for yesterday. We will be tomorrow what we are preparing for today-Now. In this Eternal Now, each one of us is becoming what he will be tomorrow. The Bible says, "Now is the accepted time, today is the day of salvation." Salvation in the Spiritual sense; but also Salvation in every practical sense. Salvation from all those things which cause us to make New Years Resolutions. Resolutions are precious tools if understood and used rightly. New Year Day Is the beginning of a new year. Like other days, "This is the day the Lord has made, I will be glad and rejoice in it." As you examine your life by reflecting on the old year, and examine your resolutions in the light of what you wish to become, beware of time traps. Now is the most important tune of your life. Now is the time God has given you In which to live. Christ came into this world that we might have the abundant life. What are you becoming? EDWIN G. CHERRINGTON Former Chaplain USMC Bryant supporters to present petition OKLAHOMA CITY (AP) An evangelist says he will give NBC officials a 10,000-signature petition protesting the television network's cancellation of an appearance by Anita Bryant on Orange Bowl broadcasts. Larry Jones left here Wednesday and said he will present his petition to NBC offi- In a final prediction, Carter said progress in curbing unemployment this year will be exceeded next year. "I believe we can get it below" 4.5 percent, the president said. Unemployment has been averaging about 7 percent. Turning to the Middle East, Carter said some Arab leaders have told him they would not object to a peace settlement that included a U.S. guarantee of Israel's security. He said he would prefer a minimal U.S. role in post-settlement peacekeeping, but added that he would consider guarantees "very, very favorably" if it meant preventing a breakdown in talks. He considers his biggest mistake to have been building expectations too high and underestimating the difficulty Congress would have fulfilling them. ctals in New York Friday. Jones has formed a group called "Oklahomans for Anita" to support Miss Bryant in her campaign againsthomoscxuals, and has been soliciting donations. Miss Bryant, who now lives in Florida, is a former Oklahoma resident and was Miss •Oklahoma in the Miss America pageant. Jones said Miss Bryant's "civil rights to freedom of speech are being abridged," by NBC's taking her off Orange Bowl broadcasts. "Every American has a right to speak out," Jones said. "We felt she was taking a stand on a moral Issue." Jones said he has spoken to Miss Bryant's husband several times and "he's for us." New Crop • Papershell PECANS llu\ Direct jiicl.S.ivc RED RIVER PLANTATION Fulton, Ark. 501-896-2225 Take ll» \.ii, TuHrclltiviT In iil^c. tin ll Ic'fl & Inlliiu -.inns. CHICKEN COUNTRY SPECIAL 91818 E. Third g Hope, Ark. fj GOOD THRU DEC 31- 1977 £ 8 PC. CHICKEN IPt. POTATOES VaPt. GRAVY IPt.SLAW 6 ROILS Santa will be here Thurs. & Fri. 2PM • 5PM $ > 5 * 35 NOTICE In accordance with the holiday schedule observed by the Federal Reserve Banks and other Federal Agencies, the following financial institutions WILL BE CLOSED MONDAY, JANUARY 2nd-1978 IN OBSERVANCE OF New Year CITIZENS NATIONAL BANK BANKOFBLEVINS FIRST NATIONAL BANK FIRST FEDERAL SAVINGS & LOAN Parity concept may need to be scrapped: Bumpers I.ITTl.K HOCK i AIM Sen Dale Bumpers says the concept of parity for farm pnxiut-ts may need to bo scrapped. The senator met with 200 to 250 formers at his offices ami said he supported the position of striking fanners, but that he was not sure 100 percent parity would solve their problems. "Parity is a concept that was developed in 1910anil right now the law in this country on parity is based on the price of commodities a«ninst the price of your production costs to your expenses," Bumpers said. The senator said lie feared the system of parity could be contributing, in part, to lower farm prices. Some farmers showed Bumpers financial statements saying they were near bankruptcy and could not plant crops next year. Bumpers did not encourage or discourage the farmers from planting crops. He said he thought Congress will likely take action soon on the farmers complaints. Bumpers said he did not know what action Congress would take. One farmer at the meeting asked Bumpers. "Why is It we have n farmer in the White House and he is not pushing cx- ixirts as much as the previous president?" Bumpers agreed that that farm exports were not being pushed, but said he had no answer as to why. Meanwhile, officials of four Batesville firms have agreed to send telegrams supporting the strike to President Carter. Independence County farmer Kenneth McDoniel said officials of Ideal Baking Co. Mack Farm Dairy and the. Arkansas Poultry Co. agreed Wednesday to send the telegrams. An official of the Southerland Division of Banquet Foods sent a telegram Tuesday to Carter supporting the strike. McDonicl s!so saiii striking farmers would meet Thursday at Uttle Rock with Rep. Ray Thornton and also Thursday fit Batesville with Rep. Bill Alex- wider. Farmers had encircled the Southerland plant with tractors on Monday and vowed to double their forces if plnnt officials didn't send the telegram. 1,140 have applied for benefits LITTLE ROCK (AP) - State Employment Security Division figures show that at least 1,140 Arkansas public school employ- es have applied for unemployment insurance benefits for their Christinas vacations so far. M.P. Filiatreau of the ESD said Wednesday the figures primarily reflected applications submitted through Tuesday, al- though some requests filed laat week also may have been Included. Special federal employment assistance of up to $100 a week can be provided for the holiday period if It did not come at the end of a school district's term. It has been estimated that about 20,00 school employes could qualify for the benefits. Hie school employes must qual- ify before Saturday. Kai Erickson of the Arkansas Education Association said he did not have a figure on the AEA members who have applied for benefits. The AEA has sent information to members about how to qualify and this has been criti- ched by some state political leaden, including Gov. David Pryor. Park agreements to be signed n tT^ I~\ TYT n - - » I *r ,.»».. ^M** SEOUL, South Korea (AP) The United States and South Korea are to sign agreements Friday covering testimony by Tongsun Park, key figure in nn alleged Korean influence buying scandal on Capitol Hill, a highly placed government source said here today. The source said the agreements grant the 42-year-old rice dealer immunity from prosecution and guarantee that he will be allowed to return to Korea after testifying. The wealthy one-time Washington socialite fled to South Korea when Investigations began into the alleged Influence buying scheme. He was indicted in absentia by a federal grand Jury on 36 counts of conspiracy, mail fraud, bribery and failure to register as a foreign agent. Under the accord, Park would be investigated by American and Korean officials in Seoul, and then would make himself available to testify at the trial of anyone Indicted In connection with the alleged Influence buying efforts in Washington. The source, who asked not to be identified, declined to say If the accord also provides for Park to submit to questioning by congressional Investigators and the House Ethics Com- ^rittee, which Is conducting a ' probe of the alleged influence buying scandal. Fi to Hut" Order any large pi//u und get 3 free suluds, order any medium pi/./a und get 2 free salads, or order any small piz/u and get 1 free salad. Thick 'n Chewy 1 "' pi/za or Thin 'n Crispy* pizza...any kind you want. Just take this coupon to any participating Pizza Hut* restaurant listed below. Offer good on regular menu prices *)l<)77 hlM Hill. IlK- One coupon per customer per visit. Cnh Vilut I/2IX FASHIONS 1/3 to 1/2 off * Pants *Tops * Co-ordinate groups * Jeans * Sweaters * Dresses * Skirts * Jumpsuits * Long dresses & Accessories *****'**** p **"»*****'*-****-****^***^^.«.^ Plan Now to Shop With Us FRIDAY, DECEMBER 30th >***.***********»*^^^,^^ >< >^^ < ^ ALL SALES ARE FINAL! Sue Lynes Fashions 112 West Second f > Hope, Ark. -/ft ' ' S ~ l " L \ ' ' ^ ,•"',' ' ^ \ , ' 1=

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