The Courier News from Blytheville, Arkansas on September 24, 1953 · Page 3
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September 24, 1953

The Courier News from Blytheville, Arkansas · Page 3

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Blytheville, Arkansas
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Thursday, September 24, 1953
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Page 3
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THURSDAY, SEPT. 24, 1955 BLYTHEVILLE AARK.) COURIER MEWS PAGE Administration Faces Tough Revenue Situation Next Year Bj JAMES MARLOW WASHINGTON (AP) — Secretary of the Treasury Humphrey has said a sales tax is only one of about 40 proposals being'considered by the administration in its approach to an overhaul of taxes. • When asked \yhat the 40 proposals might be, a Treasury Department spokesman said Humphrey didn't mean literally 40 but used the figure as he might say "umpteen." The number "40" may have been In Humphrey's mind because his Etaffmen and staffmen of Congress' Joint Committee on Internal Revenue Taxation have been working on 40 proposed changes In the present tax law. Those changes would attempt to bring the law up to date, eliminate obsolete sections, and give taxpayers, perhaps millions of them, a tax breek. For example, people with dependents. Congress probably will put some of the proposals into effect when it returns in 1954. But a sales tax Js not among the proposals being considered by the two staffs working together. By and large the proposed changes would mean a revenue loss to the government, not more revenue, such as a sales tax would bring in. At. this time .any study of a proposed sales tax would have to be made by Humphrey's Treasury staff alone. No congressional committee is reported thinking of proposing it. When the Treasury Department was asked what possible proposals for new revenue are being considered, the answer was: "That's confidential." ' For Revenue Sources Yet next year, if the Eisenhower administration finds it can't balance the budget, it can do one of two things: (1) go on with a deficit, borrowing new money to meet , its expenses, or (2) ask Congress for additional taxes. If it seeks new revenue it can explore only four main sources: the income tax on individuals; the income tax on corporations; an excise tax, such as on jewelry; and a sales tax on most of the things people buy. In the next few months, because of previous decisions of Congress four taxes are due to end or go down, with a loss to the government of about eight billion dollars annually in revenue: On Dec. 31 the excess profits tax on corporations ends and the income tax on individuals goes down about 10 per cent; on April 1 the normal tax on corporation income drops five percentage points and some excise taxes'are cut. The administration, through Humphrey, has already said it will not try to stop what is scheduled to happen Dec. 31: the end to the excess profits tax and the 10 pec cent drop in income taxes, a combined loss of about 5 J / 2 billion dollars to the government . "HEADSTRONG" - These German acrobatic musicians currently playing in a Paris, France, club like to look at things from a different point of view. While Walton plays the guitar as though nothing unusual is happening, violinist May finds things are somewhat upside down. All Casting Rods and Reels . 25% Off "Never saw such * ruy for want- Ing; to get an early start!" Adams Appliance Co. >08 W. Main Phone 2071 But President Elsennower several months ago asked Congress to delay indefinitely the drop in the normal corporation tax (it means two billion dollars revenue a year) and* in excise taxes (amounting to about a billion a year). Sales Tax Viewed If squeezed in trying to balance the budget, he might renew that request.. And, if really squeezed, the administration might also ask Congress to vote new or additional taxes. But next year is a congressional election year. It's not likely members of Congress would go for an increase in individual or corporation Income taxes. That would leave the administjation only two other main fields in which to look for added revenue: A general sales tax or new excise taxes. For example, Congress could vote an excise tax on serv- ices or gooas not now so taxed, like hotel rooms, laundry services, or furniture. A sales tax could take several shapesr'a tax on manufacturers— a tax paid by them.on what they make and sell to wholesalers; a tax on wholesalers—on what they sell to retailers; or a retail tax- on what retailers sell to consumers. It has been estimated that a five per cent sales tax at the retail level, on all items except food and medicine, would bring the government perhaps 5>/4 billion dollars a year. More than 30 states now have sales taxes, 27 of them at the re- tall level, and over 1M cities have. Judging from the resentment no far expressed by members of Congress against a national sales tax, the administration would have tough going getting it through. HOLLAND NEWS By Mrs. Ed Hampton, Jr. Bridge Club Meets Mrs. Delie Utley was hostess to her two-table bridge club Wednesday at her home which was decorated with fall blooms and foliage. A guest, Mrs. Dorothy Kantor of Steele, won high score; Mrs. Stella Hester, second high; and another guest, Mrs. Helen Threatt, bridge. Mrs. Utley served a sandwich tray with coffee. Personals Here for funeral services for Henry Barber were Mrs. Elsie Smith of Fredricktown, Mo.; Mrs. Ruby Crook of Memphis and Miss Bernice Barber of Atlanta, Mrs. Glumay Pruitt, Mr. and Mrs. Harold Eubanks and Mrs. J. C. Eubanks of Blytheville, Mr. and Mrs. Walter Wood, Mrs. Delia Miller, Mr. and Mrs. Bill Moore, Mr. and Mrs. Arell Cantrell, Mrs. Elzie Woods and Mrs. Maggie Murray, all of Ridgley, -Tenn., Mrs. Lola Worthy and C. B. Smith of Memphis; and the Rev. and Mrs. Stat- !er of Portageville. Visiting Mr. and Mrs. Culton Porter the last few days and at;ending funeral services for Mrs. Porter's father, Osko White of Cooter, wave Mr. and Mvs. Qsko White, Jr., of Chicago, III.; Mrs. Ernest Eugene white of Charleston, Mr. and Mrs. W. T. White and Mr. and Mrs. Lynn White of Bertrand, Mo., Willie White of Flint, Mich., Mr. and Mrs. Tommy White and family of Caruthersville, Mrs. Pearl Qatewood of Memphis, Mr. and Mrs. Dave Cranford of Dell, Mr, and Mrs. W. T. Oakley and Mr. and Mrs. Fred Copeland of New Madrid, Miss Louise Copeland of Poplar Bluff, Mo., Mrs. Bill Walker of Gideon, Mo., and Mrs. Joe McGowen of Dexter. Airman Paul Taylor of Denver, Colorado, son of Mr. and Mrs. Perry Taylor, arrived Tuesday to spend the remainder of the month with his parents. He is being reassigned to a base at El Paso, Texas, Oct. 1. Seaman Glenwood Taylor of Big Springs, Texas, another son, joined his wife and sons who have been here since early June -with her parents, Mr. and Mrs. Earnest McCrary. His family accompanied him to live near his base for the next several months. When PILE Misery Robs You of Sleep ...HERE'S QUICK RELIEF! to work fast. Helps nature heal raw, aora tissue* . . . reduce swelling. Developed and guaranteed by world-famous Thornton Minor Rectal CHrlc. Get It today—sleep tonight] Thornton Minor in tubes or Grain Bin Sale THE ONLY GRAIN BIN WITH 6-PLY RIBS EVERY 22Y: OF HEIGHT FOR EXTRA STRENGTH New Sioux 1,000 Bushel Grain Bin '261 78 While they last we offer one car load of 1,000 bushel size SIOUX metal grain bins at the special price of $261.78. Why take less than support price for soybeans and other grains this fall when you can have storage right in your field. See or phone us today while our present supply is still available as we will not have any more at this low price. Bins available at the following branches. Blytheville Soybean Corp. Blytheville Phone 6856 Leachville Phone 69 ' Senath, Mo. Phone 120 Hornersville, Mo. Phone 2141 FUEL OIL G. 0. POETZ OIL CO. "/ Sell That Stuff" Phone 2089 Office & Bulk Plant-Promised Land Jf Dine Tonight At Moultrie Court Restaurant No. Highway 61 Phone 2473 -SPECIALS- Small Beef Tenderloin Fresh River Catfish Wrapped with Bacon „,.„. , _ . With Waffle Potatoes Wlth French Fnes SI.25 $1.50 SPECIALIZING IN STEAKS - CHICKEN _ SEAFOOD Carl Eeid Is recovering from a lung and throat operation recently at Barnes Hospital in St. Louis, where his wife and son Larry have remained with him, Larry left Monday for his third year at Columbia University. The Rev. \f. E. Chadwlck of Gleason, Tenn., former Holland minister, was here for the weekend when he conducted funeral services for Henry Barber and remained, with Mrs. Chadwick, to visit with Mr. and Mrs. B. W. Stivers. Mr. and Mrs. Murlyn Utley and son and daughter have moved from their home with Mr. and Mrs. Virgil Utley, where they have lived the past two or three years, to a newly-built five room residence on Walnut Street in Steele. Mr., and Mrs. Joe Lester attended services for Mr. Lester's grandmother, Mrs. Tennie Pulley of Poplar Bluff, who has made her home with a daughter, Mrs. Gertie Lester, there. Services were conducted in Caruthersville with Smith Funeral Home in charge. With the Lesters during the week were Mr. nd Mr". Lynn Green, Mr. and i Mrs. Lloyd Warren, Mr. and Mrs. John Van Hoy nnrt Mrs. Gertie Lester, all of Poplar BlxiH; Mr. and Mrs. "larbert Chum of Neosho, Mo., and Mr. and Mrs. Joe Max Sheltons of Steele. Attending funeral services for Finis E. Holmes, Sr., of Marlon, 111., former Holland resident, wove Mr. and Mrs. Noble Capehart, Mr. and Mrs. Arnold Moon, Mr. and Mrs. Byron Holly and Mr. and Mrs. Floyd Smith. Mr. Holmes, who died Friday after n heart attack earlier in the week, wus contractor for the high school building here. Departing for Fort Worth, Texas, Mrs. Bill Harris, a guest of the I Arnold Moons, left Sunday after 10 1 days Here. Joining her in Kennett was her mother, Mrs. Gladys Bodine, who had visited with her daughter, Mrs. Victor Blankenshlp, in Kennett. Robert F. Mays of Torrance, Calif., arrived Sunday at his moth- Worry of FALSE TEETH Slipping or Irritating? Don't be embarrassed by lousn false teeth slipping, dropping or wobbling when you eat, talk or itiugh Just sprinkle a little FASTEETH on your plates. This pleasant powder K 1Vt;a n remarXiiblt- sense of added comfort and security by holding pintes more firmly No gummy, gooey pasty tastu or feeling. It's 4lk:iline < non-ucld). Get PASTEFIH at any drug more. KIDNEYS MUST REMOVE EXCESS WASTE Kneeing brickttche, loan of pep and energy, headaches and dizziness may be due to Blow- down of kidney function. Doctora any good kidney function is very important to good health. When some everyday condition, such na stress and Btrnin, causes this important I luv&ton tatlwK dvx tL,muiy f olka aufternaK- King backfiche-feel miserable. Minor bladder irritations due to cold or wronR diet may cause (jetting upnightflor.frequenti>a5saK«s. Don't ncElcet your kldneya if these conditions bother you. Try Donn'e Pills-a mild diuretic. Used successfully by millions for over 50 years. It's amazing how mnny times I)n;».n'a give hiippy relief from these discnm- lorts-hdp the 15 milesofkiiln«ry tubes nndftl- lera flush out waste. Get Doun'a Pills today! Casual Dress Pays In Church Attendance WAYNESBOno, Pn. Wt—"What? Wear slacks and shorts to church?" Hint was the first reaction of residents of this soutH-ccntr.il peuusylvuniu commvinity when the Key. L. Elbert Wilson Issued an Invitation to attend Sunday night er's, Mrs. Evelyn Moon, and the Noble C:ipc>h;trts. Having made their home !n C'.tllfornin fov many yeai;s, Mrs. Mays and sons will arrive by plane this week to join their husband and fnther and the family plans to make this their home. Mr. and Mrs. J. D. Duncan and fumily and Mr, and Mrs. Veto Harris and family left Saturday for Tuscon, Ariz., where they will live the rest of this year. After surgery last week, Mrs. Gus Coopev of Cooter is convalescing at Memphis Methodist Hospital. She will return home this week. service* at «. drive-toy theater IB casual sports clothes Instead of "go to meeting finery." However, Rev. Wilson reports the services are drawing txcellent turn-outs. Read Courier News Classified Adi. Wisiting Around Arkansas cl BY JOE MARSH SEPTEMBER..."Fair" Weather It's county fair time again. Throughout Arkansas men and women, boys and girls are gathering their finest produce and shaping up tnelr finest livestock to exhibit them before their urban friends and to compete with each other. Rural enterprise and accomplishment will be on parade this month, building up for the statewide Stock Show in October. These county and district fairs and stoekshows not only show off the best in produce and stock, but the best in American citizenship. The friendly, but keen competition among friends and neighbors is always refreshing to me. Not all of them can take home a ribbon, but they'll be right in there trying again next ye«f, That'* tht Xind ol stuff our lolks »rt- made of. And like the county fair it typical of our American scene, *> art food b**r and ale, the nation's beverage* of moderation. The brewers of America UM the finest of farm products in th« manufacture of their wares. And Ilk* the rural people of our,nation who lilct to exhibit their handiwork in the best possible places, the brewers like to have their products sold in clean, wholesome surroundlnr*. Copyright, 1953, United Stales Breu-frs Foundation, Inc., Arkunsat Divitioit, Pyramid Building, Little Rock, Arkanm ONLY DREIFUS! WATCH JiWIL MQVEHT *DUST-"RiSS^ $1.00*** G-T-D GO TO DREIEUS Meet Dreif us JKWKLKY 0«, 316 W, Mali BljthuTille, *i». ,e iwi me the RISf-MATE Ruff Jr Tuff Wjlch on r* fREE Tdal «ilh PBpci-Mate Pen included fRE£. II m IC07, jatiif.ed l_wiM pay Me weeHy itartinq wilhin refum !he wjkh. In either cvenl I am lo keep the >er-M«i) Pen FREE. . Wear Diamonds 31G WEST MAW ST. Free Credit

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