The Courier News from Blytheville, Arkansas on June 15, 1954 · Page 3
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The Courier News from Blytheville, Arkansas · Page 3

Blytheville, Arkansas
Issue Date:
Tuesday, June 15, 1954
Page 3
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TUESDAY, JTWE 15,195* BLYTHETILLK <A*K) COURIER NEWg . . . Alfred E. Perlman . . . no overnight revolution ... Young, New Board Takes Over NYC Alfred Perlman To Head U.S. No. 2 Railroad NEW YORK (AP) — The new regime of Robert R. Young buckled down today to the formidable task of running the nation's second largest railroad, the far-flung New York Central system. Young and his board took over yesterday, an hour after they were officially proclaimed winner by 1,064,000 shares in their proxy battle with the management headed by William White. The new board quickly elected Young as chairman — at $1 a year —and named Alfred E. Perlman, 51-year-old executive vice president of the Dever & Eio Grande Western, as president and chief executive officer. Today, a spokesman said, Perlman will call in key operating men of the Central to talk over the road's problems. The Central is outranked in size only by the Pennsylvania Bailroad. White stepped down as president,, as he said he would if Young won, as soon as the official tally of shareholders' votes was announced at Albany. He promised to cooperate with the new management "in effecting an orderly transition." Everybody Conciliatory In a statement, Young thanked those who supported him and declared: "We offer the warm hand of conciliation to those who willingly or unwillingly worked against us." Young said that all of the industry's 41,000 passenger cars and most of its 1,800,000 freight cars "can be replaced by more efficient types and more than pay their cost out of savings." He added: "Industrywide planning for and agreement on improved and standardized equipment designs, volume purchasing, freight and passenger terminal adaptation to the motor age, the greater use of each other's facilities, accounting, reservation and ticketing simplification and many other cooperative projects are long overdue." Perlman said in a statement that "we will not revolutionize the railroad overnight but we will build a firm foundation upon which will rise a progressive and modern structure of which we can all be proud." What salary Perlman will get as president was not disclosed. White received $120,000" a year. U.S. Reds Aim At Undermining Foreign Policy NEW YORK (5")—The Communist Party of the U. S. A. has urged its members to arouse the kind of feeling in America that, it said, has caused the French and British to "hesitate about going along with U. S. foreign policy. _ • The party made the appeal in a statement issued over the weekend. It called for "a great crusade for peace" and asked its members to work within trade unions and ether organizations to "oust the present war administration and elect a new one that will restore the Roosevelt foreign policy of United States-Soviet cooperation." Nixon for Ending M'Carthy Hearing NEW YORK (ft — Vice President Richard Nixon said yesterday he thought "it will be a good thing for the country" when the Army-McCarthy hearings are concluded. "The people, and I may add the Senate, ought to be directing their interest to more important business." he said. Nixon arrived at Idlewild Airport from California, where he received an honorary degree from Whittier College Saturday. Japanese Debt Fixed TOKYO (IP) — Japanese government sources said yesterday the United States has fixed at 708 million dollars the amount of American economic aid which Japan must repay- Japan wants to repay only 500 million dollari. We're Sticking Our Necks Out.... ... .But You'll "Look Up" To The Tremendous Values Blytheville Offers You On Thursday, Friday and Saturday Don't Miss tomorrow's Courier News for the biggest best BVD value event ever presented before. More than 1,000 items in 40 Blytheville stores, slashed to cost and below. Don't fatf to be in Blytheville Thursday, Friday and Saturday. Fine Cannon Krinkle Bedspread will sell for $1. Ladies §5.95 slippers will go for $2 a pair. Imagine Porch and lawn furniture reduced one-third in the heart of the season. Good lawn chairs are a steal at $1.99 ... You can buy a genuine Jadite 12- piece starter set for 99c. Cool, nationally advertised nylon shirts, regular $6 can be bought for only $3.95 . . . Mens Tee shirts are half-price ... A full size chrome dinette set brings only $59.95 ... Ladies new summer bags will go for 50c each . .. You can buy a $25 sport coat and get matching pair of slacks, worth $8, FREE $1 Rexall stationery will sell for 39c .. . Eisenberg Dresses will sell for $10 ... A jumbo banana split costs you only 19c , .. Sliced bacon is priced at 49c a Ib . . . Regular $1.49 nylon pucker fabric is cut to S4.95 . . . Ladies dresses, valued up to $25, are only $5 each .. .Mens leno-mesh sport shirts will go for $1 ... A large, de- luxe 7-piece chrome dinette set is priced at $89.95 . * . Men's cool rayon-acetaU gabardine slacks are only $3.88 pair . . .. Ladies $27.50 watches are BVD priced at only $15 . - . Regular 25c cans tomato juice are 2 for 29c ... You can buy 10 Ibs of top quality flour for $1 ... Mens canvas golf shoes are only $4.88... Women's summer dresses are $5 each ... All Norge appliances are reduced 25% ... A genuine 50 ft. plastic garden hose will sell for $3.99 » , * Reg. 9.95 Samsonite folding metal lawn chairs are reduced to $5.95 -.. Now you can buy a parakeet for only $2.98 .« „ Children's white weatherbird shoes arespecially priced at $3.90 a pair 3 Ibs. of Humko shortening will sell for 69c .. .Genuine Frigidaire quick-cube ice trays are only 99c ... A good 16" Admiral TV set for only 99.95 ... Regular 4.98 Plisse bedspdears are a sensation at 2.97. These are only a few of the hundreds of values you'll see in tomorrow's Courier News. Shop and save in Blytheville Thursday, Friday and Saturday. SPONSORED BY THE MERCHANTS DIVISION OF THE BLYTHEVILLE CHAMBER OF COMMERCE 0&r~-~:^-~ -.-:-<^^s»Tr HPV* \~ ^ o

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