Decatur Daily Democrat, Volume 52, Number 188, Decatur, Adams County, 11 August 1954 — Page 8

PAGE EIGHT

Loogootee Man Is Drowning Victim IXXWIOOTeC Ind. (INS) —Fitnersl arrangements were made today for Umest J. Hopkina, 56, of Loo-

MOOSE Annual Family Picnic Sun. Aug. 15th Sun Set Park Air Conditioned Tonight & Thurs. o 0 OUR BIG DAYS’ First Show Tonight, 6:30 | Continuous Thur, from 1:30 BE SURE TO ATTEND! | o — o HOW MIAMI PUT THE HEAT OH THE MOB! FW Da W* RNiwtMU.. EU- CTjrA HWt It M| , ‘-- ** ®" B Prottctiw Bj JB jE Tke Muni P»fc«! PtCTURES SHBMiami Story BARRY SULLIVAN. —-o—o , Frl. A Sat—“ Jack Slade" —io—o Sun., Mon.. Tues—- -•» . “Johnny Guitar” Joan Crawford, /'Sterling Hayden

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gootee, who drowned while swim-! ming In a farm pond near' his home. I A physician, Mid he apparently' suffered a heart attack. . *, Senate Confirms Vogel Appointment Washington (Ins> —The senate Confirmed today the appointment of Herbert I). Vogel to be a member of the Tennessee Valley Authority board. Vogel, whose nomination was approved in routine manner, is to be appointed board chairman to succeed Gorden R. Clapp, \\hose terra expired. Pleasant Weather Continues In State INDIANAPOLIS (INS) —Pleasant weather continued over Indiana today and temperatures five de grees below normal are expected for several days The Indianapolis weather bureau predicted temperatures in the early eighties for this afternoon after a drop Into the low fifties Tuesday night. Cloudy tonight and Thursday -with scattered thundershowers Thursday and over the southwest portion ton Uh t also was forecast NOTICK OF ADMINISTRATION E.tatr \i>. 4055 In the Adams Circuit Court of Adams County. Indiana. a Notice is hereby given thM Mart Ann Bender was on the 3rd day. of AUKUBt. 1954, appointed: Adniinlatratix of the estate of Franklin Eugene Bender, deceased. All persons ha villa claims against said estate, wheaher or not due, newt file the aame in said court w.lthln six months from the date of the first pitullcation of this notice <»r said claims will be forever Baited at Decatur, Indiana, this 3rd day of August. 1954. Edward F. Jaberg Clerk of the Adams Circuit Court for Adams County. Indiana. O. Itemy Bieriy. Attorney and Counsel for Mary Ann Bender A<uk. 4-11-18

Always Cool Herel Tonight & Thurs. “Mogam bo”—Color Clark Gabis, Ava Gardner & “Outcasts of Poker Flats” Dale Robertson, Anne Batter —o-o— Fri. & Sat.—2 Color Hits I “Tumbleweed’ A “Shark Riverl" —o Sun. & Mon,—“99 River Street” A “Slight Casa of Larceny”

Important Provisions Os Tax Law Explained

(Editor’s note: “What the new tax bill means to you”. This is the eighth in a series of articles explaining some of the major provisions In the new tax bill passed by congress. The bill, which includes more than 3,000 alterations in the nation's tax structure, will save individuals and business an estimated $1,365,000,000 this yegr. This article tells how toe new rules and regulationa, will if you are on«F of the nKtiiflk's 5,000.0(10 farmers. ) By THOMAS J. FOLEY WASHINGTON *<INS) — ’Congress didn’t forget the farmers when it overhauled the nation’s tax system. The more than five million tillers of the soil will get a total ten million dollar benefit. For the first time, farmers will be able to deduct expenses each year for certain soil and water conservation practices. The limit of the amount that can be deducted is 25 percent of the farmer’s income from the sale of crops, livestock or livestock products.

These would be listed with other deductions, such as church contributions, interest payments and taxes other than federal income levies. In other words, a farmer cannot use the standard ten percent deduction if he wishes to take advantage of the new provision. If his expenses for these conservation practices are greater than 25 percent of his income during any one year, he can count the extra part in-tke coming year, it the total in any one year is not greater than’ 25 percent. These are the practices: Leveling, grading and terracing; eontour furrowing; construction of diversion channels and drainage ditches; construction, control and protection of watercourses, outlets and ponds; brush eradication; windbreak planting; construction of earthen dams not subject to depreciation. Some of the practices are used by special conservation districts set up by the agriculture dept. Farmers will be able to deduct payments to these districts for practices listed above. In past years, farmers have added their conservation expenses to the cost of their property when they were ready to sell it. The procedure is known as capitalizing an expense, and means lower taxes on profit. If a farmer waits until 1956 to begin deducting the annual expenditures. he must get permission from the secretary of ERHculture. He must also get the secretary’s permission if be changes from deducting to capitalizing his conservation expenses in the future. A small tax break for the cattle farmer is In the new law. If he Is forced to sell some of the cattle because they are diseased, he

THIS DECATUR DAILY DECATUR. INDIANA

won’t have to pay the usual tax on the sale. In addition, all farmers can deduct mbre for depreciation of their equipment and during early years’ of use than previously allowed. An explanation, of this provision, which also Affects business, will be the subject of the next article. (Next: New taxes aid business.) Epileptic Clinic To Be Established INDIANAPOLI (INS) — The James Whitcomb Riley hospital announced Tuesday it will establish a specialized clinic for the treatment of young persons suffering from epilepsy. - Or. Alexander T. Ross, o| the Indiana University Medical S«iu>ol, said 20,000 Hoosiers are subject to epileptic seizures, of whom a large proportion are children. However, services of the epileptic clinic will be available to adults as wejl as children.

Wednesday, August 11th is the date on which The Fairway will begin to serve 3,685 pounds (on the hoof) of 4-H Club Beef. The management and personnel truly consider it an honor, a privilege and a pleasure to serve you with the finest beef in Adams County — or any other County. Our heartiest .congratulations to all contestants, and especially to Carl Baker, owner of the Grand Champion. ‘ .... • . I ■ - | Joe Brlte Melvin Fast John Carroll Carl Baker B’ ii’ k « •* - . ■? I’l A S ’ ~<L I \ -r — ' a — ■ n • J I _ Il - ■ i . ' 7- ■ ■ — • / , z J --rt 1 r 1 - I - r~l J» dfiL PAR 4 ROOM - DINING ROOMjANQUET ROOM - SNACK BAR • BAMBOO wi* tfjib v if IrUr ■ MHw . ON HI.WAVS 27.33-224 DtC A T U». IN 01 AH A M tffl

HOOVER LASHES fvi <>■•> tlons without the specific consent of the elected representatives of the people. There has been a grievous list of such commitments.” * Presidential po-.vers-”Th(Bse unreatrained presidential actions have resulted in a shrinking actions have resulted in a shrinking of human freedom over the whole world. From these actions come the jeopardies of the cold war. Ae a by product here at home these actions have shrunk freedom, by crushing taxes, huge defense costs, inflations and sory military service. We must' make such misuse of power forever impossible . . . And let me say, I have no fears of this evil from President Elsenhower but he will not always be president.” Communism - "From the day Lenin rose to power in Aloscow, the Communists have carried on an underground conspiracy against every other nation. The rank and file of our people are immune from our minority of fnzzyminded intellectual and labor leaders.” •Fifth amendment I Many spies and traitors when exposed seek siinctuary for their infamies in the

fifth amendment. Such a pled of invmmnky is an implication of guilt. Surely these people should not have <he right to vote or to hold office, for thereby they use these privileges of free men against the safegnards of freedom," Socialism-“A greater concern than Communism is Socialism . . . Socialism stultifies the freedom, the Incentives, the courage and the creative impulses of our people . . . The end rAsuit of Socialism and the welfare state can be bloody Communism." The Future - "We are not at the bedside of a nation in death agony HF* us with a Wonderful word - heritage. The great documents of that heritage are pot from Karl Marx. They

DANCE to the music of “Tiny’s Trio” Nite Moose Club 9:00 to 12:00

are from the-Bible, the' Declaration of Independence and the Constitution of the linked States." ( ißeactionary»sm • “If anyone ria-

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‘ ; . :'A... -’ _ . WEDNESDAY. AUGUST. 11, I$H

M to say tW'nll this In reactionary, you.rrtay c)®rfs him as either fuazy-nithded <*r an ignorant enemy ot free .men."