The Courier News from Blytheville, Arkansas on June 18, 1954 · Page 12
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June 18, 1954

The Courier News from Blytheville, Arkansas · Page 12

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Blytheville, Arkansas
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Friday, June 18, 1954
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Page 12
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HE (AJEK.) (5UWK1ER TODAY, JTOS 1«, 13M Senator's Positions On Tax Cuts, Debt Limit Inconsistent' WASHINGTON (AP) — Sen. Smathers (D-Fla) said today bt did not see how senators "with any consistency" could support all the cuts in the omnibus tax revision bill and still op- ott *n increase in the national debt limit. Commodity And Stock Markets- New Ytifc Gorton (ttiM eaotatieBS) JriT ....,..' 3416 3417 3411 3412 Oot 3411 3411 3405 3405 pet 3410 3412 3406 340? We*.. 3426 3428 3424 3425 3412 3413 3408 3409 Oct ........ 3407 3408 3403 3403 Dee ........ J406 3406 3406 3406 HCft .-: 3428 3430 3427 3429 Ckfc«fo Soybeans July .... 366 388V 4 382 Sept .... 269% 271& 269^4 ... 250 252 250 Jan 384*4 271V 4 252 253% 354% 253ft 254% Whtat July .... 18S»/fe 191 iept ...-. 1»2V 4 194 189 Vi 190V; 193 & C«r* July .... 157 157^ 4 156i£ 157 Sept .... 151% 153& 151% 152 & 1/4 7/8 1/8 1/2 7/8 5/8 3/a 1/8 7/8 1-/2 5/8 1/8 1/4 1/2 1/2 5/8 7/8 The 44-year-old senator, the newest member of the tax-writing Senate Finance Committee, said in an interview he believed this question should be settled before the Senate starts its floor debate on the 875- page revenue measure. Administration ana Senate *Re publican leaders so far have bypassed the debt-limit issue in ask ing for all possible speed on the tax bill. The Finance' Committee maj report out the measure when i meets behind closed doors today It is expected to make no signifi cant changes in the version tentatively approved a week ago after six weeks of secret voting. The bill would cut a variety of taxes by about $1,400,000,000 in its first year of operation, although this would be partly offset by a one-year extension of the 52 per cent corporation tax rate to yield an extra $1,200,000,000. The rate would drop to 47 per cent without the extension. The bill's estimated revenue loss would be higher in succeeding years. Above Normal Ntar Normtl Icfow Normal BROWNELL New Yerk Stocks (1S:4f •MftattaMI A T and T 166 Amter Tobacco 59 Anaconda Copper 37 Beth Steel >.....-... 69 Chrysler . 61 Coca-Cola . 118 en Electric .-. 42 Gen. Mbtors 71 Montgomery Ward 62 N Y Central , 23 Int Harvester 31 Republic Steel 59 Radio . 28 Socony Vacuum 43 Studebaker . 17 Standard of N J g9 Texas Corp 71 Rears 64 U S Steel 48 Sou Pacific 42 Livestock NATIONAL STOCKYARDS. 111., UQ— (USDA)—Hogs 3,000; 180 lb up fO-75 higher; lighter weights strong to 50 higher; sows 25-50 higher; bulk to choice 180-240 lb 23.00-75; J40-270 lb 22,00-23.00: odd lots 270- JOO lb 20.25-22.00; 150-170 lb 22.0023.50, mostly 22.25 up: sows 400 lb 16.50-18.75: heavier sows 13.5-15.75 few to 16.25; boars 9.00-16.00. Cattle 800, calves 500; mostly lightweight yearlings in commercial and good flesh, from 16.0030.00; about steady at week's decline; trading slow, barely steady, utility and commercial 11.00-13.50; Banners and cutters 8.50-11.00; bulls 50 lower; utility and commercial bulls 13.00-14.50; cutter bulls 11.00-12.50; light weight bulls *.00; vealers steady; good and choice 14.00-19.00; few prime 20.00; commercial and low good 10.00- MCCARTHY (Continued from Page 1> a ruling from Nixc*? ; dispatched to the Rules Committee. Lehman told the Senate in a speech accompanying the resolution that McCarthy has "grossly abused the authority delegated to him as chairman of the Government Operations Committee and of (the -investigations) subcommittee thereof, inspired and created public disrespect for the law-making authority, created public confusion in all branches of government and impaired the high standing and prestige of the Senate." McCarthy was there but silent while Lehman put in his resolution. Afterwards, returning to the investigations subcommittee's hearings on his dispute with top Army officials, the Wisconsin senator reported he had been absent because there was "another of those resolutions concerning Sen. McCarthy being introduced." '1 was asked to stay over there until it was .disposed of," he said. "It ha* been disposed of." Reds'Parents Are Arrested •T. LOUIS UU — Tb& parents of convicted Communist Robert E. Manewite were arrested under deportation proceedings brought by the U. 8. Immigration Naturalization Service yesterday. C*t of 1C ( 000 Claimed I* Stole Welfare Rolet LTTTL* ROCK; (*) - Welfare enmnHrtontr A. J. MOM Mdd yesterday that hte roll! h*ve been «$ it tofttt 10,000 since he took fffkp test ynz. Utm said MM number of wel- flsti ••>«• 111 Arkansas we now •* Mi ttooiute Minimum. The roils •MUM ftfeout 11,000 when he took • tffH*, AM an now between M.OOO •si •jUt. Mots Mid he doesn't M fncttsje in the number (Continued from Pa«e 1) Carthy (R-Wis) by name. But he quoted verbatim the statement McCarthy made during the Army- McCarthy hearings that it was the duty of federal employes "to give us any information • which they have." Brownell said this "open invitation to violate the laws of the United States would substitute rule by an individual for government : by law." "He went on: "Long years of experience have proved that direction and control of military secrets, intelligence information and counterintelligence information belongs to the executive branch. "During all our history, the ordinary auditing powers of congress, plus its 'broad powers to legislate and its broad powers to control the purse strings have sufficed to provide the necessary checks on the executive branch. That is a better system than destroying our constitutional system of separation of powers—an action which our founding fathers warned would result in tyranny." DWI Fine Is Appealed Paul Keeling appealed his fine of $100 and costs and sentence of 24 hours in jail received in Municipal Court this morning on a charge of driving while intoxicated. He was released on a $150 bond. The case of John Bolen, charged with driving while intoxicated, was continued until tomorrow with Bolen held in jail on a bond of $111.75. | M-DAY HUCIMIATION Ol/HOOff I 30-DAY m»turuK oimoo* Math Abovt Normal | Afov* Normal Wwr N*rmof f""1 icfoMr Morirwf [j-njj Mvth ft*** Not mm! k£\ : US. 30-DAY WEATHER OUTLOOK — These maps, based on information supplied by the U. S. Weather Bureau of the Department of Commerce, indicate the precipitation and temperature outlook for the next 30 days. (AP Wirephoto Map) McCarthy Hearings: 2 Million Words, $10 Million in Air Time WASHINGTON UPl — The McCar- hy-Army hearings were written into history with about 2.000,000 words of testimony and documents and, by a very rough estimate, nearly 10 million dollars of radio and television time. Here is a box score of facts and igures: Duration—36 days, starting April 22 and ending June 17. Estimated number of words in ranscript—1,700,000, Estimated words in documents Rotations Hear NCC Technologist The mysterious cotton Industry of he Middle-East was discussed be- ore Blytheville Rotarians yesterday by Dr. Burt Johnson, cotton ;echnologist for the National Cotton Council. Dr. Johnson was a member of a Point Four-Cotton Council task 'orce which was sent to Egypt and 'akistan to work with *tfce cotton ndustry in those two nations. He showed color slides of farming cenes in both countries. Dr. Johnson was introduced by Rotarian Kemper Bruton. uard Commander TO Attend Meeting Lt. Herbert E. Graham, com- •nander of Blytheville's Company , National Guard, will be in Lite Rock Saturday to participate n a staff conference on summer ncampments. and exhibits in record—300,000. Pages of testlmopy—7,424. Estimated time consumed in session— : 150 hours. Number of witnesses—30 including senators and committee aides identifying documents under oath. Longest period on stand for one witness—all or part of 15 days by Secretary of the Army Robert T. Stevens. Shortest period on stand for a major witness—2 days by Francis P. Carr. staff director of the Senate Investigations subcommittee. Estimated number of spectators attending session, including "repeaters"—115,000. "Very rough estimate" of the value of radio and television time used in hearings—10 million dollars. The networks cautioned the figures at best were only rough estimates, based on the gross value of broadcast time if it had been sold at full commercial rates. Government officials said it would be impossible to get anything like an exact figure on th cost of the hearings to the tax payers. Negro Deaths L. C. Harton L. C. Harton, 42, died suddenly a his home on South Eighth Streei here this morning. Funeral arrangements were incomplete today pending arrival of relatives. Caston Funeral Home is in charge. Three ways j the heat SLEEP IN COMFORT-an attic /en cools off the bedrooms. ELECTRICALLY! WORK IN COMFORT—electric rang* helps keep cook and kitchen cool*. RELAX IN COMFORT in your air conditioned living room. Lirt Electrically ... ENJOY tht Difference! Afk-Mo. Power Co. Obituary Services for Armon Rickie Reams, 14-month-old son of Mr. and Mrs. Armon Reams, were to be conducted at 2 p. m. today at Cobb Funeral Home Chapel by the Rev, Charles p. Wadkins, pastor of Half Moon Baptist Church. Burial was to be in Dogwood* Cemetary. The child, which had been ill for about 10 months, died about noon yesterday at the family, home on Highway 18. include four brothers Albert, Larry, Teddy and Ronnie; and three sisters Donna Gail, Judy and Sara. Melvin Goodman Dies at 46 STEELE — Services for Melvin Goodman. 46, will be conducted in Steele's Methodist Church at 2:30 with burial in Kennett Mr. Goodman lived/ for many years in Kennett where he was an outstanding high school athlete. He managed a Kroger store in Caldwell. Mo., and worked for the Department of Labor in Portageville and St. Louis. For the past five years he had been manager of the Denton Gin and had an interest in the Denton Supply Co. Survivors include his wife, Christine; a son- Jack; and two brothers^. Elmer of Campbell, and Paul of Kennett. Methodists Plan $400,000 Drive To Aid Hospital BATE8VILLE, Ark. (*>)—A $400,000-dollar fund .raising campaign yesterday was approved by the North Arkansas Conference of the Methodist Church. The money will be used for the proposed $2500.000 expansion and development program at Memphis Methodist; Hospital. District* in the conference have been asked to raise $200,000. An additional $200,000 is expected from large "individual" donations. District allotments include: Payetteville, $13,000; Forrest City, $25,000; Port Smith, $50,000; Jonesboro, $50,000; Paragould, $15,000; and Searcy $15,000- The Memphis conference has approved plans for raising $750.000 and the North Mississippi Conference has agreed to raise $350,000. PRICES Services Conducted For Reams Infant Services for Armon Rickie Reams, 14-month-old son of Mr. and Mrs. Armon Reams, were to be conducted at 2 p.m. today at Cobb Funeral Home Chapel by the Rev. Charles P. Wadkins, pastor of Half Moon Baptist Church. Burial was to in Dogwood ceme- (Continued from Page D f now in the stores in many lines-r- food, apparel, household appli- ancss. Some of the lower prices you find in the shops aren't reflected in the factory price lists. Merchants have shaved retail prices for promotion purposes or granted discounts or generous trade-in allowances. Some merchants say they are looking forward to seeing these unofficial lower prices openly listed by some factories this fall. Mail order houses, whose sales have been trailing last year by a greater margin than retailers itf general, are starting to lower catalogue prides. tery. The child, which had been ill for about 10 months, died about noon yesterday at the family home on Highway 18. Survivors, other than parents, include four brothers, Albert Larry, Teddy and Ronnie; and three sisters. Donna Gail, Judy and Sandra. repeatable." "I sent it back to the sender," he said declining to give the senders name. Chairman Mundt (R-SD) told reporters the closed door meeting of the subcommittee was given over a discussion of problems involved in getting out a report. He said it was impossible to fix a target date for issuance of a report; but that all the subcom- mi$tee members agreed they hoped to finish the task before Congress adjourns. Sen. Potter (R-Mich), who has already declared himself convinced there was lying and questionable conduct on both sides, received a jocular greeting from the Democrats when he came into the room. Shaking hands. Sen. McClellan (D-Ark) said, "Welcome Democrat." Then seriously, McClellan told Potter he had made a "brave statement." McClellan referred to Potter's statement last night that he feels' the principal accusation of each side—of "pressure" and "blackmail" — was proved, and that a perjury case might be . made against some of the 30 witnesses heard in the 36 days of televised hearings. McClellan's handshake was given as Potter, at the request of photographers, posed with the three Democrats. McClellan's D e m o- cratic colleagues—Sens. Symington (Mo) and Jackson (Wash)— beamed.'' •'.•"•'•"-. -. Chairman Mundt CR-SD). standing nearby, laughed heartily. No Decision Soon Several days at.a minimum — possibly several weeks — are in prospect before the senators report any conclusions. Sen. Dirksen (R-H1) was absent from" today's meeting, explaining he was tied up with an appropriations subcommittee. He sent a letter to Mundt asking that "no specific matters" be entertained or disposed of until there can be a meeting next week. Dirksen also said he trusted the committee would "take no action on any proposals with respect to the investiga^on or the future of W. Memphions Are Jubilant WEST MEMPHIS, Ark. OB—Business and civic leaders were jubilant today over the presidential directive favoring construction of a 107 million dollar generating plant here. "This is the greatest thing tha could happen to eastern Arkansas and our city," said City Judge E. J. Reubens. J. C. McCaa Sr., auto dealer and a director of the West Memphis Industrial Council, said: "It's better than striking oil." The president ordered the Atomic Energy Commission to go ahead with negotiations on a contract wtih the Middle South Utilities, Inc., and the Southern Co. The huge plant would serve the Memphis, Tenn., area—most of which now receives its power from the Tennessee Valley Authority. SHOOTING (Continued from Paf* 1) (D-Tenn), George Fallon (D-Md) f Ben F. Jenson (R-Iowa) and Kenneth Roberts (D-Ala). But the jury apparently was impressed with her testimony that she fired her bullets into the ceiling of the House chamber, not toward the floor on which some 200 legislators were then gathered on routine business. Cancel, Figueroa and Flores testified, as did Mrs. Lebron, that none of them intended to kill anybody. They said they wanted only to dramatize their demands for Puerto Rican independence. the investigatory function Until there has been some time to reflect on these problems/' Mundt showed the letter to newsmen but made no comment on it before the subcommittee members closed the doors. None of the principals from either side of the controversy was on hand- for 'the'"meeting. ; Mundt said they had not betn invited. Ray H. Jenkins. ,the subcommittee's special counsel, left for his home in Knoxville, Tenn., last night. A cool place to be this summer! in comfortable, lightweight PALM BEACH SUITS Here's the nearest thing to a shaded brook when k comes to summer suits. You can actually feel the cool air flowing through the "ventilated weave" of Palm Beach cloth. And as to appearance—exclusive tailoring refinements assure natural, perfect fit. Exclusive fiber-blending, too, gives Palm Beach excellent shape-holding qualities, remarkable crease-resistance. Come see our wide selection of colors and patterns -in your particular size. "Woven to breathe" ~16QQ tiny "open windows" per square inch in Palm Beach cloth let cool air in, body heat out, for ventilated comfort. Luxury Lined Cool-Trim Palm Beach •Mohair, rafM, «*•*§ mA S$ ay loa m MM

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