The Key West Citizen Newspaper, October 7, 1954, Page 12

Tax Man Asked About Chance Of Collecting On “Windfalls” By JOHN CHADWICK WASHINGTON #—Senate inves- tigators called on Internal Revenue Commissioner T. Coleman Andrews today to tell of the chances for col- lecting additional taxes on ‘“wind- fall profits” from postwar housing William Simon, counsel for the Senate Banking Committee in its) probe, said, “I can’t help » feel there still are income tax problems” for some builders who. reaped fat returns on projects financed with government-insured mortgages. Additional testimony also is ex- pected about the affairs of Ian Woodner, a Washington and New York builder, this time from Frank- lin D.° Richards, former Federal Housing Administration (FHA) commissioner and now a real es- tate consultant. The dapper Woodner told the committee yesterday he had hired Richards, shortly after his resig- nation as FHA commissioner, to help him win FHA approval to, operate a swank Washington apart-| ment hotel project he was building. The request was granted, despite a contrary FHA policy on its in- sured projects, in a letter signed in 1952 by Clyde L. Powell, ousted last April as assistant FHA com- missioner after 20 years with the agency. Woodner testified, however, that Powell himself opposed the deci- sion but was overruled by his su- periors. And he denied that in getting more than 40 million dol- lars of FHA-insured mortgages on various projects he ever paid any bribes to Powell. Powell yesterday lost an effort to block a grand jury investigation of his activities with the housing agency. A special grand jury opened a probe after Atty. Gen. Brownell announced it would “inquire into bribery and other criminal con- duct in the federal housing pro- gram, and specifically into the conduct of Clyde L. Powell.” Brow- nell also announced the setting up of a special Justice Department division to handle prosecution of housing cases. Powell, acting through his law- yer, Daniel B. Maher, challenged the validity of the grand jury and sought to quash a subpoena sum- moning him to appear before. it. Dist. Judge F. Dickinson Letts, however, denied Powell’s motion and later ordered Powell to testify about “official documents.” That was after Powell, as he has in three appearances before the Banking Committee, refused to an- swer questions for the grand jury on grounds he might incriminate himself. Maher reported Powell then told the jury only that he had taken nothing from his office but “personal correspondence.” The committee has heard from other witnesses that Powell had demanded and received $10,000 o boost the FHA commitment on a Washington apartment loan, and had banked $138,000 more than his net government salary during a 10-year period. Read Citizen Daily Page 12 THE KEY WEST CITIZEN oo BIRTHDAY CELEBRATION—The Servicemen’s Christian Cen- ter marked its second anniversary with an “open house” last week. A group of young servicemen are shown as they helped Mrs. Harry Gregory with last-minute preparations for the af- fair. Mr. and Mrs. Gregory operate the center, located at 620 Southard Street.—Official U.S. Navy Photo. Thursday, October 7, 1954 ROAD CAMP HEAD HELD FOR PROBE ORLANDO «—James O. Ra s captait of the state road Oviedo, was arrested yes- terday tion of murder. death Sept. 5 had been cide. She was found i ee shot through the head w \her arms around their younge child, Randy, 6. Ragans’ .38 cali- |ber pistol lay beside her. The brontosaur, an extinct dino. saur, was often 70 feet long and we ghed 30 | tons. Kidney Slow-Down May Bring Restless Nights y function slows down, many of nagging backache, head~ s and loss of pep and energy. nights with these kidney function is to such common causes , oversexertion Or expo~ bladder irritations due diet may cause getting up nt passages. kidneys if these condi- of kidney tubes and fl- . Get Doan’s Pills today! on a charge of investiga- ¢ Morse Sees Cut In Joe’s Power LOS ANGELES () Morse (Ind Ore) pri manship days of S en. Wayne! senators voting te give McCarthy the chair. a committee chairmanship.” seph Me. The Oregon independent said Me- Carthy “has cost the Republicaus e thousands of veies.” He seid he believes the Democrats will wit control of the House by a margia of 30 to 40 seats and take over the nt| Senate with a total of at least 51 of | seats. A $300 SPECULATION FOR BIG STAKES OIL AND GAS ay issued by State of New Mexico on State owned lands. 40 Acre Leases recorded by STATE in YOUR name. New naceee 1953 production over $197,000.- 000.00 from 8735 wells. 1144 new Producing wells drilled in 1953. We offer leases in areas where new wells are now drilling. Practically every majer oil compan: ations i State. Write for full particulars TODAY! hs game Petroleum Lease Corporation 1346 Connecticut Avenue, N. W. Washington 6, D. C. imagine more eee f d ~ con -Tt1-aence n. fail trust; belief in the trustworthiness or reliability of a person or thing NO, THIS IS NOT A KEY WESTER—Joe Newman, mail truck driver, holds the six-foot diamond rattler he killed on Big Pine Key Tuesday. Newman said the big snake, which had 16 rattles, crawled across the highway in front of his truck. The Post office employe stopped, grabbed a jack handle and beat the reptile to death—Citizen Staff Photo, Don Pinder. ‘The same can removes rust and stains from bathtubs, sinks, auto bumpers & trim, pe acetaae from tile floors, Give memes of your decter. Band a Cortese Dept., 10" Stores STAIN PRODUCTS 0. BOX S02 FAIR LAWN, W.2 xrom the day his bright young eyes begin to look ai baby books, your youngster needs good lighting. lighting to keep those eyes bright and young. To give his eyes the lighting they need, you'll wan’ good lighting throughout your home. Good ceiling for good general lighting. Good lamps for special seeing tasks. And as he reading and studying— you'll give him special lighting. A good lamp of his own with glareless, indirect lighting. Start now—give him good lighting—while his eyes are young and strong. City Electric System Why Standard Oil Products Have Led in Sales for 68 Years For 68 years, Standard Oil products have maintained sales leadership in an industry that is intensely competitive. This unusual record could not have been achieved without the continued confidence of consumers of petroleum products in the five states we serve: Alabama, Florida, Georgia, Kentucky and Mississippi. ine record is a testimonial of confidence, not only in the quality of Standard Oil products, but also in the dependable service of those associated with the Company, and in the general conduct of this Company's business. We appreciate your confidence, as expressed im eomtineed and increasing patronage. Ft i our greatest asset, and we guard # as such. “Truty a Sowthern Insttrutton” STANDARD OIL COMPANY (KENTUCKY)