Northwest Arkansas Times from Fayetteville, Arkansas on August 18, 1952 · Page 1
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August 18, 1952

Northwest Arkansas Times from Fayetteville, Arkansas · Page 1

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Monday, August 18, 1952
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10 PAGI$ TODAY tad by «vtr 25,000 Doily ^orttjlucst UKAl KMKAST-- r.ytt'tviiu tut »lrlirt«» Ti 01 ?*?. ""i* '"«·«« !»«n*«nh 'nnlfht. Tomorrow cl««r t« Mr-r rioudy and w.rm.r R.ln'.tl ,,,. 31 hourt: III inch. Ttnwralnni: ftijh )*«tfrrt»y Jfil. noon today M 'o-v rut ·HHI 17. luiulM a: Tto P«Mk Ittartst Is Tfct Pint CMC*TM Of T«« N*wsp«ptr VOUIMf 91, NUMHR 22 Milan Asserts Business Rate To Remain High Heavier Spending Also Seen; Bankers Open Annual Seminar Business activity and income are expected to increase and remain at high levels during the next 12 months. Government . spending and consumer spending are almost certain. to increase while business spending is expect ed to remain at high levels. Fed eral spending is scheduled to increase from $70 to $80 billion Consumer spending is expected to rise because of higher incomes . more liberal credit conditions, one a greater desire lor goods. Consumers are recovering from their over buying during the first nine months of the war. So said Dean Paul W. Milan of the University College of Business Administration before the opening session this morning of the annual Arkansas Bankers' Seminar. The seminar continues through this week. Others on the program today were Falkner . Broach of the National Bank of Tulsa, and Tom Whitesides of the Bratt-Waison Bank in Slloam Springs. Bankers and their wives were to be dinner guests at the · Fayetteville Country Club tonight. Price increases on goods bought by the public are likely to be small, possibly not over two to three per cent during the next 12 ' months, Dean Milam said. Goods w»nt«H by the public are likely to become more- abundant, especially it further serious labor troubles · rre avoided. Greater ability to produce, growing out of cornple- tion/of new plants, will largely ofiset the increase in the money .'.t-.pply resulting from the federal government spending more than it takes in. The amount of the federal deficit is not likely to «x- ceed $6 billion on a cash basis. · The new independence of the Federal Reserve System should insure that the U. S. Treasury will make new federal bonds guf- . fidently attractive that money will not have to be manufactured to pay for them. Some reduction in business ac. tivity may be expected after next year, although the income of the public after taxes may be maintained at high levels. Federal spending for defense is expected to drop between $5 and $10 billion a year over a two-year period with MONDAY t v i w AUOUJT 11, in 7 AP, K int Arfcinsis Democrats Waned tapemioi Rule In Force Little Rock -(f)- Democrats in Arkansas are being cautioned to stay in the fold or face a two-year suspension from the party. Beloit Taylor of Little Rock, secretary of the Pulaski County Democratic Committee warned Arkansans yesterday that they could be suspended from the Democrat party for two years if they support any GOP candidates in the November general election. Suspension includes withdrawal o. the right to vote in any Democrat primary election in the state. No statewide Republican primary i: held in Arkansas. "The party rule has closely followed in the past," Taylor said, "because of the Republican party'! relative weakness in the state. Tht fact that a voter presents himself at a Democrat primary and asks for a ballot'is a Democratic party rules in Arkansas allow the election judges to require an a f f i d a v i t of any party primary voter "as to his qualifications." Any person who supported or "espoused the cause tacit agreement that he will sup- ol" any candidate other than = port the party's candidate in t h e ' Democrat in the "last proceeding I general election." I general election" is not a qualified I according to the \ His announcement came on the i primary vote, heels of a statement by Republican | rules, officials that they plan to offer a "full slate of candidates" in November. J»ff Speak, who polled more votes in 1950 than any GOP candidate since the Reconstruction , era, will again head the ticket as not been I the gubernatorial nominee. Taylor said that klthough the "challenging" responsibility lies primarily with election judges, i "there a:-- others, including special representatives of the candidates, who have lenge." a right to chal- High Chinese Reds, Kremlin Leaders Confer Moscow - (tP) - Chjnese Premier Choa En-lai and Kremlin leaders "prepared today for major talks aimed at tightening the military, economic and political ties of the Chinese-Soviet Communist partnership. The premier, who is also Red China's foreign minister, flew to 1 Moscow yesterday from Pciping with a big delegation that included his deputy premier, Chen Yung, and a sizable group of mili- ary experts. The nature of the op-level discussions between the world's biggest Communist nations was kept secret. It was evident, however, among those taken up since Chou brought along the deputy chief of Peiping's general staff, Su Yui; his Air Force commander, Lyu Ya-low; Deputy Navy Commander Lo Shun Chu. and Depuly Commander of Artillery Tsu Chuan. Judging by others in the party, closer economic bonds will be sought also. Economic specialists with Chou included Minister of Heavy Induslry Wan Haoshou, Minister of Fuel Chen Yui, Deputy Minister of Communications I rnce. Wang Cheng, Deputy Minister ot Machine Building Wang Tao-han t h a t ; and economic expert Li Fughung. On the political side were the head of the Asian department of the Peiping Foreign Ministry. Chen Chi?.-kan; the chief of the Soviet and Eastern Europe department, Hsui Yi-hsin, nnd the ministry's political secretary, Shih Chen. The Chinese got » full red-carpet reception by top -Soviet leaders at Ihe airport--indicaling the high importance the Hussiah government attaches to the" confer- the odds favoring the high figure. With the completion of many new plants and less need to maintain high inventories, business spend- "ing will probably decline. Spend, ing for new homes is almost certain to be lower, Milam declared. There will probably be a big expansion in government spending . on highways, streets, schools, and health facilities. " There is no prospect of a serious depression in the middle '50's even though business activity may be at a lower level, he asserted. · State Outlook OMd The outlook for a high level of business activity in Arkansas is also favorable. However, there has · been « slowing down in recen years of the rate of gain in income. Income of the people o: Arkansas before taxes was up 12 per cent last year for the same gain as the nation. Up to a few years ago our income was increas- · ing more rapidly than for the nation as a whole. The recent school census Indicates Arkansas is still not gaining appreciably in popu- · lation because the people of Arkansas are moving to other states where incomes are higher, Dean Milam told the bankers. "T\vo road blocks to expansion are found in the tax structure. ,. Our present income tax law requires the payment of taxes on income that we don't have. It requires payment of a tax on that part of our income taken by federal income taxes. The payment of the same amount of income taxes »s at present, but in the form of taxes would remove the feeling of a per cent of the federal income injustice that comes from paying taxes on Income we don't have. It · would »Iso reduce costs and make collections more effective. "The other road block to expansion of Industry in Arkansas is · the high nominal rate of the property tax. The actual rate is not high because the actual assessment rale Is far below the legal rate. However, the high nominal rate frightens away outside investors because they arc afraid of having to do business with politicians to prevent assessments from being raised to the legal rate," he said. Arrest Made, Dierks Bank Is Closed Dierks, Ark.-(jP)-The Bank of i Dierks was closed today and State '^'] Banking Commissioner Ed I. McKinley said "serious irregularities" had been discovered in the bank's books. He also added that an arrest had been made and that charges would be filed in the U.S. commissioner's office in Hot Springs. McKinley said it was a little early to say exactly how much money is missing, hut that the irregularities are of "serious proportions." The shortages . were first discovered last Wednesday, the commissioner said, and it would be Wednesday before~an examination ot the bank's books will be completed and the amounts lost established. It \vas reported the directors of the bank had met yes- ter day and adopted » resolution turning the bank over to the state banking commissioner for liquidation. M. W. McFarlan, special agent in charge of the Little Rock office of the Federal Bureau of Investigation, said that a complaint would be filed before a U.S. Commis- City police would like to know i just what kind of car it \vas, and I of people were in it. that turned over twice on North 71, landed on its wheels, and sped away, about 2 i. m. today. Witnesses told- police t'ae car, an old model sedan with Oklahoma Wreckage Of Plane Found, Three Dead PiRgott, Ark.-(/P)-Thc bodies of three persons were found today in the wreckage of a light plane which is believed to be the same craft sought since Thursday, the Clay County sheriff's office said. Identification of the dead has not' yet been made. A search party ves Toward Top Pos' In Committee May Be Chairman Of Foreign Affairs Within Short Time Washington, Aug. 16--(/P)-F»le : and circumstance* continue t o , j push Arkansas Senator FulbrUhll | Inward th« chairmanship of the Senate Foreign Affairs Committee. In the space of onlv four years Fulbrisht has risen from eighth and lowest ranking Democrat on the committee to third, with excellent prospects of becoming chairman in at least a couple o; years--if the Democrats keep control of the Senate. ,, It's an almost incredible risf. When Fulbright went on the committee in January. 1949, abend of him, on the Democratic m'de were such stalwarts as Connally of Texas. Thomas of Utah, Tydings of Maryland, Popper of Florida and MrMahon of Connecticut. One by one these were eliminated by defeat, retirement or death. Now the only Dcmocrals who out-rank Fulbright arc Senator George of Georgia, 74, and Senator Green of Rhode ilslsnd, »4. George, an expert on finance, passed up a chance to become chairman of the Foreign Affairs Committee several years ago in order to retain chairmanship of the Finance Committee. At that time Connally took the job. Presumably George still would prefer the finance chairmanship. Senate rules don't permit a sen-] alor to hold two chairmanships. Green may or may not want to take Ihe responsibility. But, though he will be 85 in October, he is hale and hearty and gels around with the vigor of a much younger man, and he might want the job Green's present term expires in British Resort Town Hit By Flash Flood; 39 Feared Drowned Vacation Spot After The Storm . . sioner in Hot Springs today giving names and figures. Poultry Market -- Tfce poultry mirket tod«y as reported by the University of Ar- kanwi Institute of Science and Technology and the Dairy and Poultry Market Newi Service of the U, S. Department of Agricul- Sparknun Urges South To Back Party Ticket Huntsville, Ala.-f^J-Sen. John Sparkman came back home today to urge fellow Soulherners to unite once again behind the Democratic Party. It was his first visit since becoming the vice presidential nominee, and he found his own state along with others in the deep Two Returned Here Will Fice Trial but it may be · Cessna 170 missing on a flight from St. Louis since August 13. The plane carried ·three passengers. Searchers found the wreckage in an orchard not more than inn Two men charged with felonies j y f r ! s from a fa TMer's house. Parts in Washington County have been returned here to face trial in Circuit Court. Carl Zimmerman, 19, of On Aberdeen-Angus Group ToCoifluctiJeMDiy The W»shington County Aber. ,, .,,..,.,.. 0 ,,,,,,,,,,. r n l l a . deen-Angus Breeders Associalion n! the plane were strewn over a | wln be nosl to the Northwest Ar- | 2011-yard area. The plane was first! kansas Aberdeen-Angus breeders sighted from the air by a rescue j at » "eld day al the M. E. Shinn Truck Is Injured By Bolt unit located at Maiden, M tario, Calif., was re-turned from the stale prison farm, where was lo have been i The search party found women's i clothing scattered over the area ihis i ar c 0 r me ha " ginii from 'Hottest Doy .'· :·""'£ -/-' f · * RtcoixUd Hert Fayetteville experienced. Its hottest d*y of the summer yesterday. As a preliminary to today's early- farm one mile North of Farmins- lon Friday according to Carl E. Rose, county agent. , The morning program will be ^:' b . c ". hls l r u c k devoted to judging of classes and I ,, ? , . . * type study, with the group having opportunity lo judgf one or A Fort Smith man en Fii.vclteville apparently .escaped irrloua injury about 2 a.m. todfty ·oute to m o r n i n K electrical storm, the mercury yesterday zoomed lo a 1B52 high of 101 degrees at the Unl- was struck by '· v m i l v fsrm Highway 71 near two classes of heifers, r.nc class of Wlnslow. Foy Nichols, 2R, mnlor route Fort Smith news- carrier foi South with others beset by growing rebellion in party ranks. Many lifelong Democrats were dissatisfied, too, with Sparkman's acceptance of the cr: l rights doctrine in the 1952 pi: / rm. There v.-as speculation that a Sparkman radio broadcast scheduled for 3 p. m. (CST) today over a state-wide network might be of major significance. Youngsters Unhurt When Truck Turns Over A 13-year-old Fayetteville youth was charged in Juvenile Court today in connection with the theft yesterday of a pickup truck from Kelley Brothers Lumber Company. The youth and two teen age girl companions were picked up yesterday afternoon by State Trooper Bill Struebing after the truck, driven by a 16-year-old girl, turn»d over at Ijtke Fayette- ille. The three inhurt. occupants were The driver, charged with opcr- itlng i. motor vehicle wthnut a Icense, was fined $7 this morning n Municipal Court. Police said Ihe two girls were not implicated Louis Hubbard, 22, Little Rock,! Houston with Mr and Mrs W J was returned from North Little. Thrasher, also of Houston ' Rock to face a charge of grand sengers i larceny in the theft of an a u t o - ' j mobile from the Charlesworth I Pontiac Company of Sprinjrdale. ' He was arrested by North L i t t l e ; Rock police. Progressve Candidate Out Of Federal Prison San Francisco -(/P)- Vincent W. Hallinan, Progressive party candidate just nut of federal prison, todsy promised a presidential campaign to make the voters "grateful that we offer them an alternative to the two old parlies." Some 307 supporters greeted the wealthy San Francisco atlorncy at the airport on his return yesterday from McNeil Island, Wash., Federal Prison. Hallinan, 55. had served nearly five months of a six-month contempt of court sentence. It was pronounced after his stormy defense of Union Leader Harry Bridges at a perjury-conspiracy trial involving Communist party membership. Al Drake Field, CAA equipment registered 100 degrees. . J. Frank Prince, observer at the farm, said yeiierday's tempera- , as Fire Causing Damage In California Mt. Hamilton, Calif. -(/P)-A1I available crews were rushed east of here today to battle a grass fire which had already blackened nearly 5,000 acres and destroyed several buildings at an isolated religious retreat. The California Division of Forestry said high winds hurled sparks 300 to 400 yards ahead of the flames and fanned the blaze out of control. Twenty youth authority camp inmates joined 100 men already on the firclines before dawn. Four state firemen were burnnd. two seriously, when the flames trapped and destroyed their tank mai building and fire truck. The cabins of Shanli-Ashrama, an isolated retreat for members of thp H i n d u faith, burned last nighl when firelincs save way. Too Hot For Stevenson Says More People Should Vote Springfield, Ill.-WVGov. Adlai E. Stevenson urged today (hat every available facility be used to encourage more Americans lo register and vote in the November election. The Democratic presidential- ,, nominee said an estimated 25 m i l - : n lco .^ ld j i Verne Kerschberger can Aberdeen-Angus Breeders Association, and a demonstration on grooming and showing. M.W. Muldrow, extension animal husbandman, and representatives of th? · University will participate in the i fJMIM program. Louis Jones, secretary of j wlll r* at .1:40 a.m., escaped serious harni Hr was dismissed Ihis morning-. Miss Virginia Franco the Arkansas Aberdeen-Angus j Breeders Association, will speak, i _,_": All farmers interested in belter : * ' beef cattle are invi Tontitown-(Special)-Miss Vir- More Fair Weather In Store For The South (BY THE ASSOCIATED PRESS) Fair u-eathcr prevailed over most of the nation today, and it Almost Washed Into The Sea Engineers Work To Put River Back In Course; Rain Hears Lynmouth, Eng.-Wi-Armv engineer* blasted and bulldozed Ihelr w«y today through the Ar- brl» of » flash flood believer! to h«ve drowned 30 persons in England's southwest resort coast. Thus far nine bodie* have'been recovered from »mon| the r»ln- waihed boulderi and hout« wreck- Me along a Ift-nvlle rtrelch of the Devon coast. Still mi.Mlng and rrt- sumed dead were JO more villagers anH vacationers. This picturesque vacation town w«i almost washed Into the «ea by w«ter which poured over the !»nka of the L,yn river at the height of the flood early Saturday morning. The Army Ennineem were radrjg against newly threat- enin« sklej In an attempt to put the Lyn hack Into lt« course. More raln.i might ipreid the wateri over «llll larger *re«. Threatening files and more rain were forecast for later today. First estimates put the property damage In the whole flooded urea »t «tmo«t 20 million doliri. The. 'lood damage here alone waj n- imited «t more than M.MO.fKKt. Twenty houses ind JO hotels hid disappeared. At leant 40 other houses were damaged. T«w» "getM Off Police sealed off the town tn prevent looting. More than l.SOfi villiten and holldayen hid been ev«cu*t*d front the ihott vlll«« to Inland billrooms ind halli ran- verted )hlo refugee cent*TM. Five vacationists, including three Boy Scouti, were listed imonf th» dead and nine vaciiionists .-morn those missing and resumed dead. Survivors described the terror that burnt on them In the night. Cotnsdlun Al Rale, appearing nt the local music hill, told how tht audience hurrlrd out as the rtoisf of the flood drowned topram'i voiro. "I saw a chain nf women walk- Ing hand In hand towards their holt!" Hisle said. "Then the side- wilk disappeared, ind the girl on the end of the chain was swept out to sea." 1 At one hotel, Phyllis Biggs, In* manager, shepherded g u e s t » through »n upstairs window onto the roof. There, while the Lvn roared past beneath them and the' hotel shuddered from boulders crashing against its wills, they huddled together and sang the hvmn. "Oh God, Our Help In Ages Past." Mr*. Ellen ·Tenklns, Franco, daughter" of .loscph i brol| K ht no joy to the scorched clsmberin inland when she saw Franco of Tont!tov;n vill he ' t ' ouln - T^ 81 section faced another d to attend, crowned Queen Concordia 54th to! dsy TM" h a * Sunday, which reign over the Mth a n n u a l Grape i b '°! i ? ht "·''-degree temperature Festival here Thursday, Friday and Saturday. ^ Miss Franco, n sophomore in Springdalc High School, won the queen's contest over two other Tontitown girls. Votes were tab- Hated last night in St. Joseph's Four Pulled From Cave Where Explorer Died Licq-Alhery, France -(/P)- Dr. Andre Maircy was pulled lo Ihe surface today from the cave which claimed the life of French E x - , ,, plorcr Marcel Loilbens. The heroic solemn high muss Thursday doctor " " i :o A l v a and 112 to Hollls In Oklr- j homa. I There was no general rain In j sight, and little relief from heat I a 1 least In the 90s. man. almost submerged by this flood; floating towards her. "I- recognized him as my father and grabbed hlh by the shirt and man- «eed to get him to dry land," she said. . Rectory, and the results \vere announced at the school at h 30 p.m. The festival v;ill open with a was the last nf four ex- | " plorers who had spent anxious i . ... _ . . days and nights 1,153 feel below i rvpt Bll * nrH »"*«« Bround C a i r o 1 ' 1 '- Ejypuan Finance Maircy had gone down last W i n i s l r r A b d c l c ' u ^ ·' Emary Thursday in a vain altr-mr,. ,',, *»"l."Sl n i g h t Ihe government has Stock Market Drags With Selling Of Rails the Cake Making J,-;; Oklahoma City - (/Pi - There was a gasp of surprise when it came time to blow out the candles at Mrs. Br-tty Hamm's birthday party. It was so hoi no one felt like bakinp-, so the candles were placed nclrn instead. I in the theft. lure. Northwest Arkanui market full tttidy, ilifht IncrtiM In of- ferlngi reported at moot point), but broilers or fryeri offered con. tlniM light In weight. Demand f.ir t» food. Prices puld f. a. b. farm up In J p. m., broiler* or fryer* ' ill welfhu (2H to 1% Itx.) » ccnU Ib. Has Close Call On Beach In England Human - On - Sea, England-?;?). Tor in hours Brig. John Rosi, trapped cheit deep in mud on the beach here, witched' the tide ·lowly creep tow«rd him. When the water w«« only · yard «w«y, the tide begin to fall. ROM, who link In the mud after filling off the ten will yesterday, eventually w«» rencned by · fife nrfude which arrived with ropm ind wooden plinlu. :ion voters are unregistered. "It is a sad commentary on representative government w h e n more than 40 per cent of the nation's potential voting dormant," he declared. j Brothers In Iowa ! Suffer Fatal Burns Clinton, Iowa-rP)-Two young brothers, sleeping in I play'thack when it caught fire, died at a Clinton hMpltal yesterdiy from burns they received In the Saturday morning blaze. They were Gary Morgan, 11, and Dennl.t. M Mn« of Mr. ind Mrs. Norval Mor- Cairo Newspaperman Swims English Channel power is j D o v e r . E n E 1 a n d-i;p|-Abdel Monem. 27. Cairo newspaperman, waded ashore In a downpour Mon- Ncw York-(/p)-Selling In ._ railroads dragged the ttock market lower today The the railroads w*s-moderate a n d i he"nari"'madV'no' IOSSM extended to between ---' e ' no B a r k l e y Says Campaign Role ;"t Is Undecided Piducah. Ky.-l/Pj-Vice Presi- °n dent Alben Barkley said last night speaking ap- iin day after swimming the English Channel from France in Ifi'/i hours. He was Ihe fourth swimmer lo conquer the channel this year. Rogers Youth Injured In Motorcycle Mishap noger|.(Speci«l)-Davld Hughei, H, w«s Injured yesterday when Ihe motorcycle he was riding struck some K-"-' «nd threw him Theblaif «lar!«! when » llghlM ft « Highway IM near Monte them on the explorer's grave fore he was hauled up. Three other mrn were brought up Saturday n i g h t and yesterday from 1.153 fret below in the Pierre St. M a r t i n cave here In the Pyrennes mountain*. "Meanest Man" Appears In Vicinity Of Wreck Rogers-(Special)-".The meanest ....... .... man" apparently was In the vlcin- union last nishl--was first (ell Ity of Rogers Saturd/iy about (he I in Akron, where 15,000 of Ihe 30,lime the Paul Crosslin auto was 000 involved art employed. Three wrecked on Hlghwiy 71. While - Mrs. Crosslin wis pinned under- ncith the wrecked cir and her "I appreciate the compliment," he said in referring to a suggestion by Pat Ansboury, Louisville labor leader, that Sen. T«om«s R. Underwood. Lexington Democrat, withdraw from the race to allow the substitution of Barkley. The proposal was made in · telegram lo Underwood, who said he would husband was helping to hold up parts of the wrecknge 10 she wouldn't be Killed, aome p« r ty plckru lip and made off wlin the handbag belonging to the victim. Goodrich Rubber Company Strike Called By CIO Union; negotiations Continue Akron. Ohio-MVThe CIO U n i t e d : pay inc-rcjsps. the «»me as were - - - --. Auto Workers struck the B. F., granted earlier by fioodycar Tire not withdraw. Goodrich Company today, but con- j and Rubber Company, U. S. H u b - , H=irklry said he would retire linucd contract ncgolialiont with ' ber Company, Gencr.il Tire und from Public life In Jiniury. l h f ' ' r m " ,, I Rubber Company and Siebcrling ---Ihe walkout --ordered by the | Rubber Company. The union siys the average Goodrich pay now is ibout JI.80 an hour. In dispute are fringe iMtie.i in S3SsSr"H " «· J-JM. «. -- other plants were struck quickly. Affected by the itrif-.e order were nine of the company's 30 1 T* Receive "·*··" i New York-(/P)-Monter1on Ho«- | pltil In the Bronx tayi It will re- . pl«nu-- ihwe enjiged In proceti-1 union said the fringe Issuei in- Ing rubber. Goodrich al»o h«« volve holiday pay, grievance pro- ---·---- cnntilned chemlcil and Aircraft plitHi cov ered by other unloni. Negotiation*, broken i.ff it I itriw. l« wan dropped Inln tomr]Hf miffered rut* ibout the right eye «nd knee. |lhln«». her ei rings, , Mexican bag : «. m., «t Cincinnati, are sthrdtiltd «nd to return? l»ter loiHy. They hiv» nmong other i hnen golrg on for If) wrrks. Good- rnntr«ri .If rm» I n c h has offered I0-c«nt hourly | comptnj." cedure, reporting for work, vacations ind other mttteri. A union publication here claimed the company had offered the Ifl-cent hike only "If we j,gree lo the lmpo»Hbl« of deep-Mated cancer. T Mt Ark«ni»»-- Partly elMrir t r i l l ifternoan, tonlfM ind Tu«*4i.y; . with Muttered thundtnhowen dictated by the; mo«tiy i n east portion; M taut MMperitun

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