The Courier News from Blytheville, Arkansas on December 29, 1953 · Page 10
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The Courier News from Blytheville, Arkansas · Page 10

Blytheville, Arkansas
Issue Date:
Tuesday, December 29, 1953
Page 10
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ft ACE TEN (AlvK.J COUKiliK ;n, U. S. Chamber of Commerce Proposal To Enlarge Social Security Attacked »T tTMUNG r. GBEEN " WASHINGTON (AP) — The United States Chamber of Com merce today found its proposal to qualify five million more older citizens for social security pensions attacked in an economists' debate as a "baby Townsend Plan." The proposal, part of the Chamber's plan to put social security on a pay-as-you-go basis and halt (ederal aid for direct relief of the »ged, was argued before t*o of the 10 economic societies in session here. All the speakers—including W. •i Campbell, research economist of • the Chamber—agreed that the social security tax should be allowed to rise to 2 per cent as scheduled on Saturday. President Eisenhower last session asked congress to freeze the contribution at l'/4 per cent each on workers and employers. Congress did not act. Some have speculated he might again ask for a freeze, retroactive to New Year's Day, after Congress reconvenes. The boost would nullify the benefits at the income tax cut, also due Jan. 1, for many low Income families. Reeeulon Predicted Evidence that professional economists believe the country is in for a mild recession throughout 1954 was the highlight of yesterday's sessions of the American Statistical Assn. At one meeting of some 300 of the economists, the delegates indicated by a show of hands that they expect a 1954 production de- cljne of 5 per cent or more from 1953's record. This drop still would leave 1954 the nation's second and most prosperous year, but it contrasted with the expressed view of Eisenhower administration statement* that the autumn dip in business activity is a "readjusment" of probably only a few months' duration. None of ;he economists, however, forecast [he decline would progress into a serious depression. Sen. Knowland (R-Califl the Senate GOP leader, took issue with the view that a recession is in progress and with Sen, Douglas (D-I11), who contends the govern- nent should be moving tn with plans for further tax cuts and public works. "There are no indications of a substantial recession or depression," Knowland told reporters today. "There have been some adjustment from the wartime highs, but no one expected an economy based on wartime peaks." Auto Prospects Good A Ford Motor Co. official said in remarks prepared for the economists' meeting that "prospects for the automobile industry are good." R. J. Eggert, program planning manager, noted that consumers hold 60 per cent more liquid assets than before the war, and that consumers' spendable income is expected to continue in the next three months "at its present record high level." "The movement of population is toward the suburbs, thus creating an Increased need for cars," he added. "One eighth of car-owning families now have two cars," The economists' attention swung to social security at a joint session last night of the American Economic Assn. and the Industrial Relations Research Assn. Rep. Kean (R-NJ), sponsor of administration-supported legislation to broaden social security coverage by millions of workers and inv prove benefit payments, said the proposal to freeze social BecurUy contributions has "political appeal" but added: "I'm opposed to a freeze at this time. Benefits , are now greater than can be supported at the present contribution rate. Also, it would raise the problem of whether to enter a pay-as-you-go plan instead of building a trust fund reserve for payment of future benefits. If we freeze today, we would almost inevitably have to adopt the pay- as-you-go system in the future." Kean criticized the U. S. Camber plan to pay minimum benefits —increased from the present $25 Lo $30 a month—to about five mil- ion retired persons over 65 who are now ineligible for social security and have not contributed to it. This would rain the social security trust fund of $1,800,000,000 a year, the legislator said, would 'break faith with those who have paid into the fund," and might nakc of social security a "political 'ootball." Commodity And Stock Markets- New York Cotton (12:30 quotation!) Mar 3315 3322 3309 May 3342 3348 3337 July 3315 3320 3309 Oct 3245 3249 32« New Orleans Cotton 3311 3338 3312 RHEE (Continued from Page 1) ference. to the Yalu River boundary. Rhee reminded Koreans he had agreed to a temporary halt in his aim to unify Korea and had promised the Allies to refrain from unilateral action for 90 days after the start of the Korean peace con- But the recent breakoff of nego- 3244 tiatlons to set up the conference, he said, "can be regarded as final." Mar May July Oct 3315 3345 3315 3244 3320 3349 3321 324* 3308 3335 3310 3240 3310 3338 "If the United States continues to maintain its present strong Memphis Soybeans Sept ../. 259i/i Chicago Soybeans Jan .... 311 31H/4 2081/4 Mch 313 313 May 310 310'A July 305J4 306V 4 Chicago Corn Mch .... 157 . .1571/4 May .... 1581/4 '158 !4 Chicago Whear Mch .... 208!/4 2081/2 207% May 208i/ B 2081/2 207% 310!4 307 % 302% IS?'/, New York Stocks 02:45 qaoUtloni) A T and T Amer Tobacco Anaconda Copper Beth Steel Chrysler Coca-Cola Gen Electric Gen Motors Montgomery Ward N Y Central Int Harvester Republic Steel Radio Socony Vacuum Studebaker Standard of N J 71 1-2 Texas Corp , 5G 1-2 Sears 61 1-4 TJ S Steel 38 5-8 Sou Pac 36 3312 stand, we shall never have to wait 3243 'another three or four months In an attempt to prepare for a political conference that is foredoomed to be fruitless," he declared. "More thftn ever we are convinced that as long as the Chinese Communists are on Korean soil there can be no successful conference and no peace for our suffering country." Blftgeit Wish Rhee said it was his biggest wish that "our allies come to realize fully that the wnr In Korea" has a close link with their future safety from communism. "Now to make certain that these sacrifices shall not have been in vain, we call upon them to con- 309i/ 2 3111/4 308% 304 1561/4 157% 207% 207% 155 3-4 59 3-4 29 3-8 49 1-4 59 109 85 3-4 58 1-4 55 3-8 18 3-4 29 1-4 47 1-4 23 1-8 35 1-8 20 1-2 Livestock NATIONAL STOCKYARDS, III. W—(USDA)Hogs 9,500; barrows and gilts all weights fully 50 lower than yesterday; early trade moderately active but closing off dull; some late sales 75 lower; bulk 180-230 Ib 25.75-26.00; late top 25.75; most loads and lots 240-210 Ib 25.00-50; heavier weights scarce; scattered lots 280-300 Ib 23.75-24.25; choice 150-110 Ib 5.00-6.00; sows 25 lower; weights 400 Ib down largely 21.75-22.75; heavier kinds 20.50-21.25. Cattle 5,500, calves 1,200; moderate early demand for steers but little done; few heifers and mixed butcher yearlings steady; good and choice 18.00-21.00; cows active and fully steady; utility and commercial 10.00-12.50; individual head to 13.00; canner and cutter cows 8.0010.50; bulls 50 higher; utility and commercial 12.50-14.50; cutter bulls 9.50-12.00; vealers 1.00 higher; few prime to 33.00, the highest since last March; good and choice' good 16.00-22.00; slaughter calves in small supply, fully steady. POWs (Continued from Page 1) on behind the prison compounds in the neutral zone but added, "I do not think the Communist charges are fully founded." He said Communist* were back- Ing away from a Korean political conference because it would then make the release of unrepatrlated prisoners on Jan. 22 "look like a faulty procedure." The Communist high command maintains that after a full 90 days of explanations any prisoners remaining should be turned over to the political conference for disposition. Negotiations toward setting up a political conference are at a standstill. The U. N. Command maintains the armistice provides that all un- repatrlated POWs be released as civilians J»n. 22-^30 days after the explanation period ended Dec. 23. Pyun said he doubted the sincerity of "an Indian gentleman"— apparently Lt. Gen. K. S. Thimayya—when Thlmayya said India would lose legal custody of the prisoners afer Jan, 22. Thimayya it. chairman ol tht NNRC. Pyun declared he was certain the United States, U. N. Command and South Korea will aland by the Jan. 22 release date. we in elude futile discussions with the Communists, RBd to rise with us in courage and valor for the last great battle to annihilate the Red forces that 'seek the destruction of the free world. "Only thus con the free world prevent the launching of Red ng- gresslon nnd bring lasting peace to the earth." Rhee declared. "The current international situation does not permit us to tnke the notion we so desperately wnnt to tnke," but added ominously: "Boiler thnt we nil riie together than Ihnt we leave purl of our people In .slavery. Solidlv united in hcarl, power and purpose, we have resolved to firrht resolutely tor the eradication of communism in our country and the freeing of our enchained countrymen. '. . . Nothing could deter us from that objective." IKE (Continued from Page 1) for workers and their families; premium payments for Sunday and holiday work, and increase vacation benefits, George Leighty, spokesman for the unions, has said the pending suit filed by the carriers has angered the workers to a point where many of them want a strike. The suits asks for a declaratory judgment saying- the carriers don't have to bargain on the union demands for health-welfare and free pass demands. TROUBLE? Is your car causing you undue trouble? What you and your car need is my expert mechanic's care; What ever the trouble or complaint, we guarantee to satisfy. Call me today—Tom Little. Jr.,—and let your car troubles be over. Free estimates on all repairs. BLYTHEVILLE MOTOR CO. Flnt at Walnut Miont 44tt Europeans To Replace U.S. Airmen WIESBADEN. Germany (#) More than 10,000 American airmen in Europe will be replaced by European civilians under a new economy program. The switch will free about 36 million dollars for activation of new Air Force wings in the United States, U. S- Air Force headquarters said today. A similar program reportedly will be carried out in the U. S. Far Eastern Air Force, An Air Force spokesman said that in Europe, 10,662 airmen will be replaced by a total of 8,611 civilians. The remaining jobs will be eliminated. He stressed that key American technical personnel will nat be changed and that the program will not reduce combat readiness of American air power in Europe. Officials pointed out, that thousands of European civilians have been doing an excellent Job ns U. S- Ah- Force employes lor the past few years. DEMOCRAT (Continued from Page 1) is certain the withdrawn! would not have been ordered "if it were in the danger zone." Sen. Wiley (R-Wls). chairman of the Senate Foreign Relations Committee, saM that although he had not been consulted on the decision, ho would not question It. Sen. Hunt (D-\Vyoi, a member of (he Senate Armed Services Committee, said the withdrawal decision hnd been made by "those i!l- rcctly nffectoci and in a better position to ,l>oV fully inlovmod than we n re 1 n '-• tfie Sen:i l.c." Two ot.hiir Democrutic Senators — HinniJhi'cy of Minnesota ami Mc- CfiiTnn of Nevada—questioned the wiUiclrnwnl. Humphrey said: "What concerns me Is that this decision imy liave been made because of budgetary considerations . . . This is no time to weaken our defense structure and make concessions." McCarrnn said the two divisions to be withdrawn would probably have to be sent back to Korea, with additional forces, in the near future. DULLES (Continued from Page 1) reached its peak last year, whereas French Union forces have been continuing a buildup and seem strong enough to hold their own. French Discount Importance Meanwhile, in Paris, a French Foreign Ministry spokesman discounted today the military importance of the Vietminh invasion of Laos. He also threw cold water on a suggcston in the Paris newspaper Le Monde that France should ask the United Stales to send troops to Indochina. Donald Heath, the U. S. ambassador in Saigon, issued a statement denying newspaper speculation there that the United States would send to Indochina the two divisions it is withdrawing from Korea. Heath recalled, however, that Eisenhower said American troops would be maintained in the Far East in sufficient numbers to provide security. The Foreign Ministry spokesman refuted reports France was considering asking for American troops, saying, "there Is absolutely nothing in It, and I can deny it completely." He declared that the besi. season the French would not ask for American troops in Indochina is that they are not needed. 'The situation is not at all that bad," he said. Mt. Wilson Fire Situation Eases Winds Die Down; Observatory Still Safe, Reports Say LOS ANGELES UK—Ml. Wilson's valuable observatory and television equipment were still safe today as more than 1,000 men battled two forest fires in the San Gabriel Mountains. High winds which fanned the flames yesterday had abated, but the fire creeping up Mt. Wilson was reported near the top and in places was estimated variously as from 200 yards to one-quarter mile from observatory structures. Some 8,000 acres had been swept in this area, and another 3,000 in the second fire 20 miles eastward, below Mt. Baldy, foresters said. Approximately 2,500 persons have been evacuated from both regions, but a recheck last night showed the number of unoccupied cabins burned to be about 33. Earlier 136 cabins were reported destroyed In Santa Anita Canyon. The fire now menacing-Mt. Wilson started there and spread to adjoining canyons. Lower edges of this fire have from time to time threatened outskirts of Monrovia and Sierra Madre, foothill communities east of Pasadena. Fire 1 equipment from many towns —as far north as Bakersfield and south to San Diego—has been moved in to aid federal, state and county foresters. The fire below Mt. Baldy is north of Claremont. and 700 to 1,000 residents in that vicinity were evacuated. The Pacific Telephone, & Telegraph Co. reported its coaxial cable to the top of Mt. Wilson, where TV transmitters are located was still intact although in danger. Network officials have pointed out that loss of Mt. Wilson facilities would knock out. Los Angeles area reception but would not affect network operations, which are piped East by another coaxial cable. Late last night observatory personnel sent their wives down the mountain by one remaining safe route and joined the fire crews. Valuable scientific instruments, household effects from six dwellings and five automobiles were moved inside the double-walled steel dome that houses the 100- inch telescope. One astronomer said the 100- inch and 60-inch telescopes, in steel lousings, probably would be safe but heat from the fire might destroy the delicate alignment of other instruments if the flames actually reached the observatory. Negro Churches Report TB Fund Collections A total of $31.31 has been collected by volunteer workers from two Negro churches here in the County Tuberculosis AMsncintion's Christmas seal fund campaign. The churches and workers include: Bethel AME, $7. Rev. Thomas J. Brown, pastor: Ella Love, i.-hnirmniv, Carrie B. White, A. Ford, Boalrife Boyde, Elizabeth Duprce, A. Walker and Kliziirth Knighten; New Bethel. $24.'.H. Maltie Buford, Rosie L. Bobo, Shirley Burton, Norn Given. Annie P. Harris, Dorsey McCullough, Rev. P. M. McCuI- lough. Eclipses and Eclipses Eclipses occur on other planets besides the earth. The phenomenon occurs as the shadows of their satellites pass across them, or as the satellites themselves enter the shadow of the planet. Arkansas Marine Enlistees Sought A Marine Corps recruiter from Jcncsboro will be at the Selective Service Bonrd from 9 a.m. until 5 p. m. Monday to interview applicants for enlistment in the next Arkansas Travelers Platoon. This eroup. which will serve together throu;-;h basic training, will leave Little Rock by plane Jan. 22 for San Diego. Gov. Francis Cherry is scheduled to present the platoon with an Arkansas Hag. Mi'n 17 through 35 can now enlist lor two, three, four or six-year periods. Bashful Jane Cancels Personal Appearance at Disputed Movie Markets to Be Closed On Hew Year's Day NEW YCRK W)—Financial and commodity markets throughout l.he United Stat-s and Canada will be closed Nc\v Ysar's Day. Friday. Jan. 1. The New York Slock Exchange will be open for a full session on Thursday. Dec. 31. Saving money on nylons Nylora would cost more if it weren't for advertising. Both the store and trie manufacturers use advertising a« their lowest cost way to Ret acrom news and information about tlicir product*. Selling more floods this way make* mass production possible— which moans lower production costs, lower selling costs, lower prices. Yo.s, advertising is a low-cost soiling method that helps keep your living costs down. ST. LOUIS l«—lane RutstH cancelled a scheduled personal appearance but St. Loute police reserved wme sent* for the premiere today of the controversial movie "The French Line." The film was released by Howard Hughes' RKO studio In defiance of the film industry's self- censoring Breen office. In calling off plans to come here for the premiere of the movie in which she Is featured, Miss Russell said she agreed with the Breen office and that she doesn't want to be associated with any movie denied a seal of approval. Catholics of the St. Louis archdiocese have been advised to boycott the film, believed to be the first released by a major studio without Breen office approval. Chief of Police Jeremiah O'Connell said the police morality squad would be on hand for the movie, said to have been rejected by the Breen office because of a costume worn by Miss Russell and a danca sequence by her. The police chief said the St. Louis prosecuting, attorney would be consulted by police if there is any doubt as to the propriety of the movie. Goldwin Says Films Need New Morality Code NEW YORK (£>) — Producer Samuel Goldwyn says the movie industry needs a new morality code with "a greater degree of latitude" to keep in step with the times, Goldwyn suggested a revision of the present 23-year-old code yesterday in a letter to Eric Johnston, president of the'Motion Picture Assn. of America"Unless the code is brought reasonably up to date, the tendency to bypass it, which has already begun, will increase," he warned. To continue as a respected guide for movie morals the code should provide more latitude "to portray life honestly," he advised. Goldwyn's letter was released by his New York office after producer Howard Hughes announced his movie "The French Line," starring Jane Russell, will open in St. Louis today even though turned down by the code administrators. With the Courts CIRCUIT— (Civil)—R. A. Greenway and E. P. McCanless vs. Farmers Bank and Trust Co. and Carolina Casualty Co., suit on insurance policy, $5,000. Herman Richardson vs. Blytheville Canning Co. and Mr. and Mrs. Clarence W. Knippfe, $1,500 damages. Louis Miller vs. Dorothy Hartfield Miller, habeas corpus for release of child. m CONTROVERSIAL SCENE — A Jane Russell sexy dance routine (above) has caused the, film Industry's Breen Office to refuse its seal of approval to the film "French Line" made by Howard Hughes. Hughes has announced he will release the film anyway. A spokesman for the Breen Office — the studios' own censorship board — says the dance scenes will "certainly bring the cops" to any theater where the movie is shown. Hughes figures the scenes will also bring plenty of customers. (AP Wirephoto) DRAFT Mint Tests Annually, one silver coin of 2000 produced at each U. S. mint is 'orwarded to Philadelphia under seal for a test whether it conforms ,o legal weight and fineness. The test is made by an Assay Commission created in 1801; its 17 mem-- aers are appointed by the President. (Continued from Page 1) men to produce it, lessens. "This does not mean that if the supply equals the demand, or even exceeds it. that deferments are not warranted; nor does it mean that the same individuals will remain in continuous deferment, i "What I wish to make clear is that while I believe the, supply level- is a factor, in arriving at classifications, it is not the primary or conclusive factor, and it is only when so employed that difficulty arises." Four Points At selective service headquarters, a spokesman said the general yardstick, which local boards are to consider when deciding whether or not a young man is entitled to nn agricultural deferment has four principal points. " They provide, he said, that the registrant (1) must be producing a substantial quantity of agricultural commodities for market; (2) must be devoting full time to the farm; (3) cannot be replaced because of a shortage of persons with his special qualifications and skills; and (4) his drafting would result in a material loss of effectiveness on the farm where he works. Vflff^vNn RPflr Lt • A. Roptrt DM* in Osctola oeCEOLA - Lee Ander RttMrt, 73-year-old retired carpenter, died yesterday at 5 p. m. at Omola'i Memorial Hospital. A native of Pocahontas, h* is survived by his wife, Mrs. Abdie Taylor Rapert, and nine children, Mrs. Raymon Rine. Mrs. Roxie Bailey, Mrs. Marvin Chipman, Mrs. Alvin Turner, Jimmy Rapert and Lee Rapert, all of Osceola; Mrs. Clara Jett, Greenville, Miss., L. A. Rapert, Biggers, Ark., Mrs. Gussie Brooks, Summerdale, Ark.; 19- grandchildren and 10 great-grandchildren. Six from Here To Attend State Methodist Meet A delegation of six from the First Methodist Church here will attend a statewide Church and Church School Attendance Crusade mass meeting in Little Rock Jan. 6, the Rev. Roy I. Bagley, pastor of the church here, said today. In addition to the Rev. Mr. Bagley, others attending will include William Wyatt, Church School superintendent; Mrs. H. W. Wylie, chairman of the Commission on Education; P. E. Scott, chairman of the Commission on Evangelism; C. S. Stevens, assistant Church School superintendent; and Mrs. Bagley. The Little Rock meeting will open the Methodists' January-to-Easter crusade to increase regular church and church school attendance and to activate new and indifferent church members. Campaigns of visitation and promotion will follow in the local churches. Stewardship and youth work also will be stressed during the crusadii( Speaker at the meeting will fai*'' Bishop Costen J. Harrell, presiding bishop of the Charlotte area of the Methodist Church. Preliminary observances in local churches will be Watch Night services Dec. 31 and Covenant Sunday Jan. 3, when attendance will be registered. Theme of the crusade will be "Give God a Chance Now." Collide at Intersection David Cooley of Payetteville and Paul Mahan of Blytheville were involved in a traffic mishap yesterday afternoon at Tenth and Main, causing some damage to both vehicles, according to police reports. Protect Your Room Air Conditioner with a FORD'S Air Conditioner Cover—Seals out rain, snow, soot & cold air—Avoids expense of seasonal dismounting and reinstalling;. only IIJ.25 Installed FORD AWNING CO. 113 S. First St. Blytheville Thone 2972— Night 4616 tii «*«•**„,„, At AtortMm r«*r n of Amtric*. IF YOU LIKE A REAL BARGAIN, READ THE WANT ADS The BIGGEST selling job in town.... Here in the classified section of your newspaper . . . you meet personally those people who are really in tht market for what you have to offer. They read your message because they want to hire or be hired, to buy, sell, to rent, or to do you a service. Within minutes after your paper appears YOU GET RESULTS THROUGH THE WANT ADSl Ads ploctd before 5 p.m. will appear next day, except for Monday's paper when ads must be placed by noon Saturday. All classified advertising payable in advance. BLYTHEVILLE COURIER NEWS

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