The Key West Citizen Newspaper, July 2, 1954, Page 7

| | | \ Friday, July 2, 1954 THE KEY WEST CITIZEN Senators Seek Quick Passage Of Disputed Tax Overhaul Bill By JOE HALL WASHINGTON #— Weary sen- ators, a marathon session behind them and promise of a three-day holiday ahead, gathered for a quick push to final passage today of the administration’s disputed tax over- haul bill. leaders on both sides predicted tht remaining half-dozen or so anendments would be disposed of in short order. Beveral senators said they Phtined to vote against the giant tx revision measure on final pas- ge. But its approval, pretty much ij the form sought by President Tisenhower, seemed assured. |Members were saddened by the ath of 76-year-old Sen. Hugh But- f of Nebraska, announced in the amber just before the Senate vound up 13 hours of debate at +idnight last night. Butler was the second-ranking | Republican on the Finance Com- mittee, which wrote the Senate ver- sion of the tax bill. At 11 p.m., half an hour before Butler died of a stroke suffered Wednesday night, Sen. Bennett (R- Utah) said the long debate on the tax bill during the week probably had contributed to Butler’s col- lapse. Sen. Long (D-Lg) revived the in- comme tax cut issue yesterday with a plan whose effect was in be- tween iwo earlier amendments, one Democratic and the other Re- publican - sponsored, which had gone, down to. defeat by identical 49-47 votes Wednesday. Long proposed to give every tax- Payer a $2 cut by a credit on his Holiday Special! | 1952 Fordor PACKARD SEDAN Model 200 . . . Very Clean, Low Mileage . . . One Owner THIS PRICE YOU CANNOT AFFORD TO PASS UP! Rawling Trailer Sales 1201 Simonton St. Phone 2-8562 . A ROOM AIR CONDITIONER You'll find work easier, life hap- Pier, nights more restful with a Mitchell Room Ait Conditioner. ‘You'll get seven levels of indoot comfort at your finger-tips with ‘the Single-Knob Weath’r-Dial Control. Quickly, quietly, a \Mitchell pulls in fresh outdoor hir...filters away dirt, dust and pollen...wrings out excess mois- ture...and delivers air J ET- €OOLED in summer, heated in Winter. There’s a Mitchell that’s et right for air iti yur room. MAY BE PURCHASED ON EASY TERMS LOU'S RADIO & APPLIANCE } Lou Carbonell 522 Duval Street TEL. 2-7951 return — a $1,400,000,000 annual tax reduction. But he lost 50-33 aft- er Sen. Millikin. (R-Colo), the ad- ministration leader on the bill, ral- as all io ae Republicans ee ent agai and got ym. nine Democrats. ae The only major administration- sought provision which has been mauled in the Senate is the one to give relief te stockholders on divi- dend income. Millikin himself droppéd out part of this section, in the face of Dem- ocratic attacks on it as a rich man’s benefit. Sen. Edwin C. John- son (D-Colo) then eliminated an- other major portion yesterday with an amendment adopted 61-13, As this provision was approved in the House, it would give ex- emption on $50 of dividend income and permit the taxpayer to deduct 5 per cent on his dividend ineome above $50 from his tax in the first year of the bill. In tke futiire years, the exclusion would be $100 and the credit 10 per cent. But as whittled down in two days of Senate voting, only the exemp- tion of $50 remained. The admifis- tration, however, will get a chance to restore at least part of the House benefit in conference. The Senate last night rejected 60-20 an attempt by Sen. Morse (Ind-Ore) to knock out of the bill its biggest revenue-losing section— the accelerated depreciation fea- te for corporations and individ- uals, It algo reversed an earlier de- cision and knocked out of the bill a section giving le persons who are heads of families the benefit of full income-splitting new én- joyed by married couples. But the House voted this provi- sion, and senators who wanted it in the bill got an understanding that the Senate conferees would look favorably on giving the benefit at least to those in low-income brackets. A Letter From BILL LANTAFF Dear Neighbor: On June 22nd the GI-Bill of Rights observed its tenth anni- versary. When the late President Franklin D. Roosevelt signed this bill into law in 1944, he said, “this law gives emphatie notice to the men and women of our armed forces that the American people do not intend to let them down.” The GI-Bill was designed to hélp veterans in their readjustment to civilian life. It contained three ma- jor benefits, (1) guaranteed loans for homes, farms and businésses; (2) education and training; and (3) readjustment allowancés for periods of uneinployment. first benefit is still in effect while the second is drawing to an énd and the third has been concluded. Through the GI-Bill, American World War II veterans have be- come the most educated group of Page 7} ‘The| Merrick. “He took it with him people in the history of the United States. Because of their training, the veterans have raised their in- come level to the point where they are now’paying. an extra billion dollars a year in income taxes, At this rate, the GI-Bill trained vet- erans alone will pay off the entire $15 billion cost of the GI educa- tion and training program within the next 15 years. America’s veterans, with the help of GI loans, have become the largest single group of home-own- ers in the United States. They pay more real estate taxes to States, cities, and counties than any group of equal size. During the past decade, 3,600,000 — one out of every five tien and women who served in World War II — obtain- ed VA-guaranteed and insyred loans valued at $23.5 billion. Ninety per cent of these loans were for homes. The record reveals that 650,000 GI loans, amounting to $3 billion, Defaulted loans on which the VA has made good the guaranteed portions to private lenders num- ber less than one per cent of all veterans loans. More than 7,800,000 veterans — half of all who served during the war—were trained and educated under the GI-Bill in the last ten years. The majority of veterans attended schools below collége level, while great numbers went to college and universities, took on-the-job training, and enrolled in institutional on-farm training. In- cluded in the below-college group were 150,000 veterans who were given the chance to learn to read and write in accelerated grade school classes for adults. The GI-Bill has raised both the educational and income levels of veterans, as well as those of the nation. The average male veteran today has completed high sehool and had some college, while the average non-veterah male of the same age gtoup has been able to finish little more than two. years of high school. In 1943, the avérage ineome for male veterans, be- tween the age 25-34, was less than the non-veteran male. By 1953 the average income of male veterans rose 51 per cent while the non- Uncle Sam Is In The Red As Anticipated WASHINGTON (#)—July 1: first day of a new fiseal year for the government and it looks like Uncle Sam: wound up the old year in -the red by about 3% billion dollars that had been predicted. However, the deficit for the fis- cal year ended Wednesday may be a little smallér than. previously estimated. Revenues evidently were lowér than anticipated, but cuts in government spending went deeper than previously predicted. The government begins its fiscal or busi years on July 1 and closes its books annually on June 30. The year beginning now is fiseal 1955, for which President er has predicted a deficit Next June 30 of about $2,928,000,000. In his budget message of last January giving revised estimates for the fiscal year ioe ray Ei- Senhower predicted that fiscal 1954 spending would total about $70,902,- 000,000 and net receipts would come to approximately $67,629,000,- 000. That would léave a deficit of about 3% billions. The treasury will not have final, complete figures on fiscal year until about July 19. However, it appeared Thursday that fiscal ’54 receipts would total about 64 3/4 |have gathered up donations of food ! billion dollars, or eaprornstely 2% billions under Presi Eisen- hower’s January estimate. It ap- Peared also that spending would come to about 67% billion dollars, or about 3 billion dollars less than the January estimate. The government appears to have wound up fiscal] 1954 with a debt of about 276 billions. This leaves the Treasury borrowing authority of about five billion. However, the Treasury has said it will need to borrow approximately 10 billion during the next six months, when asury is expected soon after the end of the fiscal year to renew its request, stymied in the Senate last year, for an increase in the 275-billion legal debt ceiling. Lawn Mowing Holds Up End Of Divorce Suit CLEVELAND ( — Mrs. Wanda Cholewa, 35, got a home; custody of her. three children and $28 a week for their support. But until her husband had the lawn mowed she refused to sign eparation agreement for a di- ve be “He has a power mower,” she told Common Pleas Judge Frank J. when he left last February.” Her husband Leo, 32, a forging erery foreman, wanted no part of the lawn cutting. It was two acres of land and she had the house. Let her mow the grass, he contended. Finally, to end the stalemate, Judge Merrick suggested that iewa give her $100 to have the job done. He consented and Mrs. Cholewa signéd the agreement. The divorce was granted on grounds of gross neglect of duty. Wife-Slayer Gets 18-Year Sentence BALTIMORE (» — Kenneth C. Kellar, who told a jury he acci- dentally shot his wife while em- bracing her, was sentenced yester- day to 18 years in the Maryland Penitentiary for sécond - degree fatally shot in the head last January. Kellar said he was embracing her and stroking her hair with a hand that held a have been repaid in full, | pistol. He said the gun was discharged accidentally. Kellar, 24, is former- ly from Parsons, W. Va. DEPUTIES DIDN’T BELIEVE IN SIGNS GOLDSBORO, N.C. w—Sheriff’s deputies didn't believe the signs on the barrels hidden in woods near here. So they went ahead and test- ed the barrels’ contents. Mt was mash — the kind used to make liquor. The signs read: ‘“Poison—Cotton Molasses.” POLICE DESERT BERLIN, W—West Berlin police d that 1,462 members of the East German Communist po- lice force, ineluting 109 officers, desérted to the West and asked for lenges asylum here in the past months. The announcement came as East Germany was obsefving its annual “People's Police Day.” veterang income increased only 19 percent, so that the veterans average income is now $600 more per year. Sincerely yours, BILL LANTAFF. By ROBERT H. JOHNSON JR. PIEDRAS NEGRAS, Mex. () — Emilio Sandoval sat slumped in a straight-backed chair ir the door- way of his ruined hotel. He rubbed the three-day stubble of black and gray on his jaw and glanced back | at the bare room, at the warped) boards cluttering the stone floor, at the five-fot water mark on the walls. “You will forgive me, please, if I don’t get up,” he said. His clenched fist made a circular motion over the pit of his stomach. “IT am upset by this,” he said. “I have a bad feeling in here.” Monday night Sandoval had been hurrying to clear the lobby of his hotel before flood waters moved in. He was trapped in the hotel when the rising water took a sud- den surge. “I never thought to see it hap- pen,” he said. “Nothing like it ever happened before — to see the wa- ter racing down that street.” That is why Sandoval is like most of the living and the dead in Piedras ‘Negras — they neVér | thought to see it happen. Now the border sun bakes the caked mud in the streets and shim- mers off the foul waters still stand- ing in many places. There is no water system left in the town of some 35,000 across the Rio Grande from Eagle Pass. Children squat and scoop water out of the streets to quench their thirst, and old women bending double to wash | their clothing in the pools bring it | up coated with slime. | Across the border south Texans | and a helicopter assigned to the Red Cross by Gary Air Force Base, San Marcos, Tex., brings it across, trip after trip. But the only distri- bution system is to pile the food exican Town Still Dazed By Flood Loss NEW YORK (#)—A detective’s @ Detective’s Ruse Saves Life Of Upset Woman ing up a stream of pseudo-medical. She was then grabbed by another in pickup trucks and drive it to|ruse saved a middle-aged woman talk, persuaded her to step off the | noliceman. The woman was taken camps that sprawl squalidly over the hills around aoa : Mexican authorities bring in tank | trucks full of pure water from in- land towns but there isn’t enough to go around, Flagged Wrong Car HARRELSVILLE, N.C. @ — Two fugitives from a North Carolina prison camp flagged a car near here Thursday, Obligingly, Deputy Sheriff Leon Perry stopped, picked them up and carried them to the Harrelsville |who, for an hour and a_ half, | perched on a fifth-story hotel win-| dow ledge and threatened to jump. Some 5,000 onlookers stood by | as Mrs. Marion Oakes, about 50, | was coaxed to safety last night. | She said she was despondent over the death of her husband. | Police pleaded with her without success as she sat on the ledge of the Hotel Endicott screaming, | “Gangsters are after me.” Finally, Detective Bob Mc-| Donald put on a white shirt back- ward, which in the darkness re-| sembled a doctor’s tunic, and keep- | ¥ SEE An Really Hold Your Attention 729 FLEMING STREET H «°° CHRIST TOMORROW, 8:00 “THE GREAT DISCOVERY” 80-Minute Film That Will DON'T MISS IT! SALE NOW GOING ON at. ——_—$—$____ THE MUSIC SHOPPE Every Item Reduced 726 Duval Street Telephone 2-5355 ledge “only for one minute.” 'to a hospital for observation. s “Dre ACORN MARINE FINISHES Get in the dress parade. Here is a great line of paints and varnishes for bottom and top- side — inside and outside — fresh water and salt water. 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