The Key West Citizen Newspaper, November 22, 1952, Page 2

THE KEY WEST CITIZEN Saturday, November 22, 1962 The Key West Citizen Page? . Only Daily Newspaper in Key West and Monroe County L, P. ARTMAN NORMAN. D. ARTMAN intered at Key West, Floride, as Second Class Matter Subscription (by carrier) 25¢ per week, year $12; By Mail $15.60 ADVERTISED RATES MADE KNOWN ON APPLICATION IMPROVEMENTS FOR KEY WEST ADVOCATED BY THE CITIZEN More Hotels and Apartments. Beach anc’ pnd Pavilion. Airports—Land and Sea. Consolidation of County and City Governments. Community Auditorium. 1 2. 3. 4. 5. MESSAGES TO STEVENSON : Governor Adlai Stevenson’s aides estimate he has received about 40,000 messages since his defeat by Prés- ident-elect Dwight D. Eisenhower. Sutprise is expressed by some that so many of the messages come from voters who supported Eisenhower in the. election on’ November 4th. Some of them even went so far as to tell Stevenson they are sure he would have been successful had hé not been saddled with too many inherited problems, Others thanked him for the kind of campaign he con- ducted, or congratulated him on talking sense to the peo- ple, or expressed the belief that he would have made a good President also, but that they had favored General Eisenhower. Others predicted that one day Stevenson would himself be President, since, in the opinion of the writers, he had demonstrated the ability necessary for the top U. S. job. One Southerner wrote’that he had not repudiated Stevenson personally but the party, and that he had wanted a‘change in party above all other things, As we said before the election, the country was for- tunate this year in having two candidates for the Presi- dency as qualified and unobjectionable as the Republican and Democratic Party candidates. And, whereas, many ywho voted for General Eisenhower also liked Stevenson, many who supported Stevenson have very little objection to General Eisenhower and, indeed, admit freely that they have no major objections to him. ‘ In Washington, many top Government figures ad- mit they have nothing personally against Bisenhower and, even though many may lose their jobs, they are frank to say they preferred General Eisenhower to most Republi- cans and if the Republican Party had to win, they ate glad it won with Eisenhower on its ticket, This is a good sign for the country, which faces tars bulent and strenuous years ahead. It is a sign of unifica- tion, which the country’s voters must always keep in mind after the bitter struggles of an election campaign. In the United States, we have been blessed by our tradi- tion of closing ranks after the battle and going ahead with the general progress of the nation, As long as most | 1 of our citizens are willing to abide by the majority deei- sion of the people, the foundations of our democratic form of government will remain indestructible, Public speakers should be required to prove their | dedu assertions, and this would reduce the number of blow- hards who mislead the public for selfish motives. HIS HAND IN ee iano ints New Revenue Act Makes No Odds For Capital Losses By CLARKE BEACH WASHINGTON # — If you've picked some lemons in the stock market this year, they'll all look equally sour when you get around to balancing your losses against gains for income tax purposes. The new revenue act makes no distinction between long-term and short-term capital losses—that is, logses’ on securities you held for six months or more and those you sold in less than six months. Under the old law, you could de- duct 100 per cent of your short- term losses but only 50 per cent of your long-term losses. That encouraged security market E35 eeeLEEe E Epes tiEitey : fs ite ee i fat sold it. This was in October — a short-term capital loss, On his income tax form, Smith will add the $2,000 gain to his $8,000 income; then deduct the $1,500 loss. Next he will figure his net .capital gain, $2,000 minus $1,500, or $500. Deducting half of this, or $250, from the total, he will have left a taxable income of $8,250. If Smith had had the same lurid experiences in the market last year, the law at that time would have left him a taxable income of only $7,500, because he could have | balanced 100 per cent of his short- term loss against only 50 per cent of his long-term gain. He would have added one-half of his long-term gain, or $1,000, to his $8,000 ordinary income, and then he would have deducted $1,500. Under last year’s law, however, if Smith had hopefully hung on to Magma Queen until December, selling it just before the ‘close of the year and making it a long-term loss, he would have wound up with exactly the taxable income he has today—$8,250. . He would have deducted half the loss, or $750, from hal’ the gain, or $1,000, adding the $250 differ- ence to his ordinary income. Most of the major planets in the solar system have moons, MMI oi eS EXPERT Radio Repairs BY FACTORY MAN All Work Guaranteed LOU’S RADIO & APPLIANCE 622 Duval Street PHONE 1507 PICK UP SERVICE EERE RUGS CLEANED AND SUCCE sepals Dabies Which Bien Color | Baffle Medies | NEWCASTLE ON-TYNE, Eng. #—Brand new “harlequin” babies who suddenly change color, with a sharp line down their middles dividing pale from pink are baffling medical men, The tots regain normal pinkness all over after a short period and everything seems all right with| them—but hospital doctors still seratched their heads in bewilder- ment as they reported the pheno- menon today in a medical jour- jnal, The Lancet. In the past year, 21 babies have NEW DEAL GARAGE J. CARABALLO WE ARE NOW PAINTING CARS | | Hes gee e the strange change, allja pencil and ruler, while lying oa their sides, $45.00 and UP 110 SIMONTON ST, + ir | STRAND centile | Last Times Today THE BIG SKY with KIRK DOUGLAS AND &. THREAT “oming: THE CRIMSON PIRATE | BREAK IN THEFT CASE, WASHINGTON (® — The first | break in an alleged big-scale stealing of auto parts from the {| Willys Overland Company has been | | disclosed by the FBI. G-men who announced the ar- rest of three men in baltimore, | | New York and Washington this w k said they had recovered $100,000 worth of new Jeep parts | tucked away in warehouses at De- | troit and Baltimore. They said the three men were | members of a huge ring accused of stealing such items as axles, | generators, and fuel pumps from the ‘Folede firm. | Burt Lancaster Last Times Today The Hunchback Of Notre Dame with CHAS. LAUGHTON AND MAUREEN O’HARA Coming: THE BLUE VEIL Chas. Laughter and Jane Wyman AIR COCLED TONITE at Dinner ROAST PRIME RIBS OF BEEF AU JUS Complete DINNER $3.00 OCEAN PATIO RESTAURANT Dining and AND COCKTAIL LOUNGE © Dancing LAND'S END - SIMONTON STREET AND THE OCEAN Every Nite KEY beh tL 'S ZANIEST TRIO — KOPY KATS FOOD SERVED 24 HOURS A DAY é and it ran exe actly in a line down the center of the ihe Socshen nose, chin and This surprising appearance off spontaneously afte: a few utes.”” Mineral production in Pennsyl- vania is worth well over a billion dollars a year, second only to Tex- as. “Each of ug on separate. occa- sions saw a. particular baby in the nursery of this hospital un- |dergo a most bizarre and striking color change with which we were previously unfamiliar,” doctors at Princess Mary Maternity. Hospital wrote in the article. “At the age of three days, she was lying naked on her right side in an oxygen box when the left half of her body became much paler than usual although the right side remained the usual pink,” they wrote of one case. “The dividing line between the fwo halves was as. sharp and | straight as if it were drawn with SKATING NIGHTLY 8:00 — 10:30 SOCIAL AND PRIVATE PARTY ARRANGEMENTS 420 ey St. Tel. 9116 Hour Continueus — Vashon starts 8:30 p.m ‘ends at 2:00 a.m. FEATURING SLOPPY JOE'S 201 Duval St. 15 Exotic Dancers Music BY Mark Stanley Trio Attention Movie Patrons ANNOUNCING New Winter Policy At The STRAND THEATRE COMMENCING SUNDAY, NOV. 23rd. We Will Have Continuous Shows BOX OFFICE OPENS AT ..._____. 1:45 P.M. DAILY FIRST SHOW STARTS AT _________ 2:00 P.M. DAILY SECOND SHOW AT APPROX. 4:06 P.M. THIRD SHOW AT APPROX. ...____. 6:12 P.M. FOURTH SHOW AT APPROX. 8:18 P.M. 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