The Key West Citizen Newspaper, September 15, 1954, Page 10

Deficit Of Nearly By FRANK O'BRIEN WASHINGTON (P—The Eisen- hower administration has boosted the deficit it foresees for this fiscal year to nearly 4% billion dollars even while slashing a new. 3:billion from major security programs, | ° But it has upped planned outlays in a dozen civilian fields where they could be a spur to production and employment, The annual revision of spending and income estimates for the cur- rent fiscal year, which began July 1, was made public last night, in- dicating these over-all changes: Total spending was reduced from the $65,600,000,000 planned when President Eisenhower submitted the fiscal 1955 budget to Congress last January to a new estimate of 4 billions. This compares with; spending of $67,600,000,000 in the fiscal year which ended June 30. Five Million This Year in January to $50,360,000,000. Prin- in defense ciple factors contributing to reduction were congressional cuts, bigger-than expected and a sharp drop in tax payments. Collections eal year came to Since the $3,400,000,000 dip i BSS 8 Fre probable deficit at the end fiseal year rose from $2,90, predicted in January to. $4,700, 000. In f iscal 1954, red ink ing came to 3 billions. However, Secretary of the ury Humphrey told a news ence. the administration would “every day, every week and every. month” to chop spending where’ it lie: ii would hurt neither defense nor the | | economy. And W. J. McNeil, assistant sec- retary of defense and chief fiscal HOLD SWIM MEET ='Bldg. Sought ———— Fs tT Tunes Horats im MJTA/MI a rorutar prices | irene tin rameter Located in the Heart of the City REASONABLE ROOMS WRITE or WIRE RATES for RESERVATIONS with BATH and TELEPHONE Ritz Pershing Miller : * HOTEL HOTEL HOTEL ~ 192 B. Flagter 9. 206 NE. Ist Ave. ‘229 N.E. Ist Ave. 102 Reems eo Elevater Selarivm Heated 3 BLOCKS FROM UNION BUS STATION The estimate of net budget re- eeipts was cut from $62,700,000,000 officer of the Pentagon, told news- men that despite the new reduetion Recs of additional spéce in the old tin building the city owns at after | Clyde Mallory docks has been ask- Page 10 THE KEY WEST CITIZEN Wednesday, September 15, 1954 . [ed by Reuben NOTICE LIFE-TIME —The Only Battory with a 6-YEAR BONDED GUARANTEE! : w Vastly more power, - quicker starts! ' _ ¥ Bounces back to life after being completely tun down! : One price for all cars: $29.95 (6-volt) MOPAR PARTS DEPT. _ NAVARRO, “INC. 601 Duval Street Telephone 2-704] EW OFFICE ‘IN USE—Master Sergeant Henry Reynaud, Jr., points to one of the displays which may be seen in the new US. Army recruiting office set up in Room 218, Post Office Building. Reynaud has lengthened his scheduled stays in Key West to a week to talk with anyone interested in learning what the Army has to offer him. Displays at the office include the insignia and badges above, medals which may be earned in the Army, and brochures on the Army school program.—Citizen Staff Photo, Sybil. sequive 6 great deal a! peronc! time ond afrention. neve are many seasons wity wore than o milion people hove edopted this moder investment phon... but the fact thet & makes wo demands on their fime is one Tenporbont peceon, ‘Fae foots ess yoos fer tthe ookeng. Mea tins attpabed vompeon tendesy ter EE OE now cupies a part of the building, but said, | desires to take over another part of the structure now First Southern Investors Corporation Harvey Bldg.. West Palm Beach, Fla. 524 Southard St. Key West iy because - Mcintyre ore emi to wear a para (] un- ,- | tit he could get a wig, But he said noncoms who did’ not know this were constantly. forcing him to -| bare his nude skull. The unhappy private, who gave himself ‘up four months Lonegen Crusade present for you, teacher,” said the Lincoln School primary pupil to Mrs. Anita Kent as he handed her a perfume bottle. “Why thank “what is it?” “Rat poison,” he beamed, She sniffed. i was. ' r 5 Mever-to-be-forgotien scenes. Fitmed entively in England. you,” she said, BAPTIST CHURCH 1328 WHITE STREET TONIGHT at 7:30 P.M. and in HARRIS SCHOOL Tomorrow Night at 7:30 P.M. Free and Open 7 Any wa! look at it, Buick’s the bey of to. the Public the beef bende down. For Buick prices start class ' to the lowest—just a few dollars above those of the “low-price three.” But those few more dollars you pay for a Buick buy you a Jot more power, room, comfort, style, ride steadiness. And get this: with our tremendous sales volame right now, we can offer you a really top allowance on your present car. That’s the added bonus you get from our big volume. 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