Decatur Daily Democrat, Volume 52, Number 181, Decatur, Adams County, 3 August 1954 — Page 2

PAGE TWO

Important Provisions Os Tax Explained

(Editor’s note: "What tfc» new tax bill means to you". This Is the second In a series o( articles expteininrrsotne ot the major the new tax bill passed Jby con Kress. The Mtt. which, includes more than %W alterations in the nation’s tax structure, will save individuals and business ’ an estimated SI.W4.M>OfJ»O , this year. The series explains how these changes affect you and how you can best take advantage of the new rules and regulations.) WASHINGTON (INS) — From now on, the big day for taxpayers will be April 15 Instead of March 15. The new' tax law gives an extra

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FORD SCORES , ■-« toR CI C A *IJ ~ _____ v oO'i* ii — iwoi no i —-it V : 1 H —i VPf Ao\'u\ —-I —'VZrT no 1 ns I *■ handft^ft^ndil'ft -1 ~ | I ft K I *ra natttf ninw"to I 1 I I ’*' Z— n I ma I NO I A^x***^ — xes , ff XxltS -~| XSS 11ZZJ Jk Ej; djr t ?m_e i \ noi no I ' ( s fit h^s-1 YEi rLI— 1 y —- 1 ■ lU '' ' Folks who knew the score are buying Fords. 1 "' . And sales records show mere people are btiyinj ' ‘ Fwds than ever! Join the swing to Ford. See 118 nQW your present car as hgh &’>'■' P®®®WRP\ summer trade m value. M JI I lift. /Xi A pH 4& ■> .B' 'i " J -X' ’ Com b... «•» Via ware oao /w .'■ , ;.* ■fC ft $ • ••*•«». ‘ ' _. Z '•■■•'■'-■ 1 ' L. l .' J - »'. ‘ ■ SCHWARTZ FORD COMPANY, Inc. CORNEtt THIHD ANO MONItOE STUEETS _ .V bECATUtt, IND.

month f>r squaring accounts wtth Uncte Sw. U you're ag average wage-earn-er whose taxes are withheld from your paycheck, the change simply means an extra month to figure out whether you owe the government more money or whether it owes you a refund. There are other changes in this section ot the bill designed to . wipe oak some red t»«* connected with tiling tax retgras. If you have been making more than $5,9(90 a year, chancee are you should have been sending the government estimated ot your probable taxes tour times a year—even it taxes were withheld on year income.

quired of these making $4,50« i with a wife and two children than ttMT h ysgrr-lMoe phis turn Many persons haven’t been filing these estimates because all of their taxes have bean withheld. The new law recognises this and says no person making less than SS.WM) a year in wages and no married couple making less than SIO,OOO a year shall be required to •msd ha- estimates. This change affects a few hundred thoesand fairly high bracket taxpayers whose income from sources that do not withhold taxes is less than SIOO a year. If your income from these non- 5 withholding sources is greater than SIOO a year, there’s a break tor you too. Yog should been aay&W » pact of your tax along with the estimate tiled four times a year if your total income from all sources was more than S6OO a year. '' The new law requires theae installment payments only if your total income is more than $600,a year tor each exemption plus S4OO. Thio means that persons such as smaU-scale termers and businessmen who have been sending the government only small amounts quarterly, will pay taxes once a year from now op. For example, a man. with a wife and two- children win pay his taxes four times g year ogty if hta total income is s2,Boft or more—s2,4oo for the exemptions plus S4OO. But don’t torget, thte applies only to those who make more than SIOO a pear from sources that don't withhold taxes. The four due dotes tor estimates Mt inatallwnt Pftj-ments under the old. law were March 15. June 15, Sept. M, and Jan. U. The new taw moves up the first to April 15 and leaves the others the same. ■' , ' (Next: The new bill’s provisions for medical expenses. > , Hilton Purchases Statler Hotel Chaie taBV'BRLY HILLS. CnMf. (IN)— Hotelman Conrad N. Milton announced today the largest transaction fa the history of toe hotel industry - signing of a contract by which Hilton Hotel Corp., acquires controlling interest of the Statler hotel chain.

~ THE DBCATTB DArtT DBMOdIAt. 'iMICATPIt, INDUMA

Pu’Mk Defender To Be Named For Lively sssxw INDiANAFOLkS (IN> —A public defender |«as tw be’ sal toted today to dateM Victor Hale lively when he W Hied, fqr the admitted dresserdniWer slaying of Oordthv Poore. Lively, <who has an invagination to match his namie. had police and prosecutor aktoping, literally late Monday; whan he eaw the mysterious streetwalker, "Ruth,” Walking the streets in front of the jail. .Marion county prosecutor Frank Fairchild had just returned from vacation and was at county jail at the time, Hg and police- took out on foot and patrol our for “Bu<h” but never found ber. The hunted women is the one Lively said encouraged -him to leave the Kirkwood Hotel and register at the Claypool Hotel under the alias of Jack Q’Sfcea. Hq said “Ruth’' and a- taxicab driver, “Jiggs,” introduced him to, the murder viclirir, whom he supposed to be a prostitute. He said when the 18qrear-old Clinton, Ind., girl restated hie advances early the morning of July 16, he strangled her and sluffed her body in the bottom drawer ot the dresser. Lt was found three days later, and Lively was captured a week after the sigying. Fairchild said he has talked to Lively and fa convinced be killed Miss Poore, who was registered with the Q'Shea employment agency Ut hw search tor a Job in the city- ........<» The prosecutor said Lively told him he didn t care if he ’had an attorney or not but Fairchild eaid he wouldn’t leave a legal loophole like that. Ht added that the woman known as "Ruth” appeared not to have too major a part in the scheme ot things that led te the bizarre murder but that he wished she would come in and talk thinge over to cMgr up some loose, mdnts. 'i . '/'i'l si. The purchase will involve '755,000 shares of common stock at a cost of SSO a share, a total of $37.650,000. Most of the stock la held by the Statler foundation and various trusts created Uy the founder, •Ellsworth M. Statler.

»'■T" ■ -nr —**** Doubt Reds To launch Attack Against Formosa Teniwn In Farmosa . Area Mounts, Doubt Any Early Assault (Editor's note: A recent Chinese Communist propagan-, da barrage calling lor the “liberation" ot Formosa from the Chinese'Nationalists was climaxed Sunday when Peiping’s commander-in-chief, Gen. (Shu Teh, declared hie government would capture Formosa and ‘‘liquidate’’ the government of Generalissimo Chiang Kai- ' shek. In the following article a veteran Far Eastern correspondent discloses what the situation is today and explains ajrCAms st«ong words jroby are a propaganda bluff). By ROBERT SCHAKNE TOKYO (INS) — The battle tor Formosa, should it take place todsy. would mean active war tor Americans. Tension in the Formosa area has mounted steadily since the end of the Geneva conference, culminating in last week's aerial dogfighting over the South China Sea. American naval units are under active> to fight the Chinese Communists in the event of an attack oa Formosa. The beet guesses—and they areonly. guesses—hold that the het war is still some time away, primarily because of U. S. power. Military sources iadapan, Hong Kong and Formosa itself, are convinced that Red invasion of the Chinese Nationalist bastion is not an immediate probability. But enough is taking place on the mainland — redeployment ot troops along the coast, strengthening of air power, and propaganda threats over Peiping radio—te give rise to fears that military and political. actions by the Chinese Communists may seen erupt short of actual amphibious invasion ot Formosa. Military action might include assaults on the coastal islands just a few miles from the mainland. These islands, held by Nationattst troops, constitute ap outpost line the Communists would • have to seize before launching a Formosa assault. - . It might also fpc is. the biggest worry—an air cam- ; paign with fast Russian-made jets against Formosan military installations. Experts on the problem are convinced that Reel China knows an immediate attack on Formosa would run a great risk of v failure because ot American naval and air power smd also the risk, of sparking a major war. But the Chinese are thought possibly to be planning to clear the way for a future conquest of Formosa by seizing the outpost islands, reducing Formosa's power by air attacks and conducting a major political campaign aimed rrt eliminating U. S. power from the area. The amount ot American milt-, tary strength in the immediate Formosa area is limited to a few destroyers patrolling the Formosa straits and a military advisory group working with the Nationalist armed forces. — But this skeleton force can be beefed up powerfully within’" a matter of days from Okinawa, Japan, Korea and the Philippines. And U. S. naval forces, at the minimum, have shoot-to-detend orders. Thia is bow tire situation looks in the various areas concerned: JAPAN There U a growing belief the Conuuußieta are up to something, but few believe it involves an immediate attack on Formosa. What tfr'ffafwtf’lw % WHvped-up air cam* paign against Forpiosa aud a possible assault oa the Tar-hen Islands, held by the Nationalists off Shanghai. These Island* contain vital radar warping installations. HONG KONG Reliable sources in Hong Kong doubt that Peiping iatends an immediate assault on Formosa. Sa-bre-ratthnx of the vast two weeks is interpreted as a political war ot nerves. Hoag Kogg experts think Bpd Chins will concentrate on a political campaign aimed al'entry to the United Nations and full isolation of Formosa from the rest of the world- Then Chiang Kid-tsbek’s final refuge can be picked up without a laajui* struggle. TAIPEI ”* Nationalist military spokcsmAt Gen. Ciuiug RhTlng said thetiMd l * no possibility of an immediate Cpmniunitrt~»!!saii»t on either Formosa or her outlying inland holdings. He tainted Peiping radio's call for Formosa* -"llberaUua' a* simply "propaganda designed to back up CtHomuuist diplomatic otfemdves."’ A NatioitaHat air . force spokes: man said day and night reeongglssance efforts tailed toedetact ;,ny appreciable build up' of Red"ilf >treaglh. along the coast. - - AH* 1 adieu Idlands aLu hau dropped;

Scout Honor Court HddForWW 1 jCafrHjf HeM For Uiom Troop Scouts A foby'Scout court of honor for. scouts'.eJad -qXMlorers of Uons dub troop 6! was held last week at Hanna-Nuttman park, with W. Guy Brown presiding. In addition to the presentation of adv ante meat and merit awards, it was also an. oevuaion for preeentation of the troop charter for the coming year, a review and rtrhw of camp awards, from Camp Big Island, and a to re well party tor those explorers who left Cor Philmont ranch Saturday, Hermaa Krueckebeng, Glenn Ellie. Rorwta and Grant Bean comprised the court ot honor, and pareuta and friend* est, the scout* were special guaate, with Frank Lybarger, vice president of the Umu chib, representing the sponsoring organization. Gian Ellis, institutional representative, presented the troop charter, showing the troop will start it® fiscal year with 46 boys between the ages of i U and 17 registered. Herman Krueckeberg presented awards from the national council depigaatiug the troop aa having participated in the national : theme of ‘‘Forward on liberty’s team." with ptaquee noting fulfillment of “Functioning manypowey, quality (program, and increased membership", goals. He also presented the troop with its 100 percent 6»bscription of Boys’ L XJKdA—• Reviewing highlights of Camp Big Island, attend by 16 troop 62 seouta. scoutmaster ‘Merion Robinson presented camp awards and the framed achievement record signifying that troop 62 had been honor troop for the period. Outstanding scouts were recognized including John Krueckeberg and David Sheets, who were elected to the Order of the Arrow, a national camping society. (Explorer Grant Bean presented th* explorers who have made an outstanding service and advancement record during the pest year and acknowledged those young men who earned the right to go to Philmont roach. The following received the second class badge: Ronnie August, William Ensmieger, Charles Krueckeberg, Michael Kaehr, iEd■4* Atargan. ’Herbie Banning. LarryniMacklin. Clavton Stricter. Joe The following were made first chase ecoots: John Krueckeberg, Ronnie Highland. William Ens nvtager and David Sheets L Merit badges were awarded to: John Krueckeberg, swimming; Dave (Ellsworth, citizenship tn the home; Dan Krueckeberg, citizenship in the home and citizenship in the community; Edwin Bean, horsemanship; John Dorwin, first aid and horsemanship; William Zwick, dog care and automobiling; Stanley Alger, bugling. The highest award of the evening went to Edwin Bean, who received the life award for having completed a schedule of 10, merit awards.-The evening was -.onciud•d with' serving refreshments, arranged by Roger Gentis, troop committeeman. The area was the scene of sharp clashes the last two months be i tween Nationalist and Communist ' forces. Heavy Rainfall In Southern Indiana Tbreot Os Drought Damage Is Eased -'-VNWANAPOIjrfr CfNS) - The weatherman behaved today as though he bad heard about an emergency drought session scheduled for Monday In Indianapolis. Heavy rgigs over southern Indiana Monday night and prpmise of more raia Thursday. Friday aqd possibly Sunday eased the threat of drought damage, but some farm official* fear that the downpours are too little and too late for much southern Indiana corn. Lieut. -Gov. Harold W. Handley has tailed a meeting of federal farm agencies* representatives for Monday In Uie Indiana Farm Bureau headquarters in Indianapolis to discuss aid to farmers In drought hit areas. , k Tije (TOinfal) overnight ranged up to 310 inches at Vincennes. Evanimno repotted 2.01, Newber ry HMJ Skoits 1.85, Edwardsport 1.“7. Se.vmpuNl.lo, South Bend .70 and Indianapolis 4R Evan though qprn In Southern Indiana already is viewed as past tb* roiu was a life-saver te' alfalfa, zoybeans,’ melon* and tohgrro Tire 'fabiy weather also brought A break dn Che heat, with tamperaturea during the next fivg days expected to.-, range in ll»e 90*-for lh»> maximum- and tipper S(N and lower- 'thg miuimum. TTadc m i' Gobi Tbwu ~ Octalu*

National Aircraft Show In September . Dayton Is Site Os Aircraft Display Thrilling events featuring pre ciaiea flight# by «ir force army helicopter rescue’ teams, navy hospital planes, and other* will fascinate those who attend the national aircraft ehaw in Dayton, 0., September’«• Huge hangers, win house vast indoor exhibits of engines, tostrumenta, equipment, parts, acceqsoriea, •tc., including operating model* of some of aviation s latest detelopmenls. Adjacent aprons of the municipal airport will be transformed Into, the country's largest outdoor showroom for the display ot personal, commercUl, and military craft.._ . , ' Army, navy, marine, and U. S. air force planes, helicopters, navigation nad radar, equipment. Safety device*, research projects, educational developments and others will be exhibited at the three day affair. * J c, Each day's program in the Sir

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will be different, «« crack jet pilot* from each qf the- four U, 3. service* * vie for honors in such featured high-speed cla*<lcs as the Bendlx on Saturday, the Allison and General Electric on Sunday, and the Thompson pn Monday—among other history-making trophy events. Exhibits will be open from Iff a.m. until S p.m„ and flying events will start at noon, and continue until the Closing hour. Tbe generol adiuteiion at the gate wiU be |2 for adults, 90 cents tor children under 12, but advance sale tickets, Javaiteble in Decatur through Bill Alien* «d City News Agency, trill cost only 11.50 and 75 cents. *

Don’t F•< Jwf I *' LANE’S SHOE STORE IS REDUCING 10c to 20c Per Pnir BtUy