Decatur Daily Democrat, Volume 52, Number 198, Decatur, Adams County, 23 August 1954 — Page 6

PAGE SIX

Gifts & Greetings for You — through WELCOME WAGON from Your Friendly Business Neighbors and Civic and Facial Welfare J eaders >* occatio* oft ’’>e Birth of a Baby •-nth Birthdays -nicut Announcement* < <»l residence de nl Ntwcnnier* i» Phone 3-3196

The better you know America, ■ —- .—ji --X- — ... jl_. —— j §X- ■: Y J ■, x*. -‘¥- : " "r ■ the better the future looks! . Great changes are taking place in America today. And each one of these changes brings with it an equally great opportunity for all of us - businessmen and farmers, factory workers, office workers and housewives. Here are? just a few of the changes that, directly or indirectly, will make your, future brighter. —_____-rr:4HrfP6a« • ■ '

j 7— 1 . it - THE CHANGE: Every day we add 11,000 new babies, enough in a month to populate a city the size of Richmond, Va. THE OPPORTUNITY: Babies are good customers — far baby foods and safety pins right now, eventually for all products. L< 3 PW " - .v* 4v< , ' " * ■■■ 'r; - H-ts THE CHANGE: By rapidly mechanizing our farms, we have increased agricultural output 52% per man-hour since 1940. THE OPPORTUNITY: Increased farm production makes the fanner a better customer for all kinds of merchandise. ' ' — “~~V" ' A IP — - AMj ii-WiffiK.;.-. Seme/,. . jipgfr wrWi *>■ x AaHHNBEKfIi THE CHANGE: More leisure. Forty million Americans get paid vacations, and they’re not spending this time in the old rocking chair. THE OPPORTUNITY: More dollars for the hotel and transportation business and for the sports, hobby and entertainment fields.

Bl I! II til V llldllll'l! IT Just U/llLi UlJilivlilll I < \ ' ! v I 1 booklet, drop a postcard to: The Advertising Council, . r I ... —* "Future of America,” 25 W. 45th St., New York, N. Y. - ■' ■ ■' .., V I ■■*■——■■■ ! ' i '

Important Provisions Os Tax Law Explained

((Editor’s note: “What the-new tax law means to you.” The new revenue bill gives incentives to authors, composers and inventors through provisions which are explained in this article.) By THOMAS J. FOLEY WASHINGTON (INS) —The new] tax law may some day result ini more books, more music and more gadgets. % That’s because of tax breaks allowed authors, composers, artists, inventors and others who earn a lot of money one year and little or irone in other years while they are working on a project. The rule allows these taxpayers to spread their income back over the “lean” years. This means, for example, that an author making >50,000 in sales of a book can pay lower taxes by dividing the amount over the current and three previous years than by paying taxes on the full amount in one year. Up to now, inventor® could, spread their incomed evenly over three previous years. Like others taking advantage of this rule, they must have received at least 80 per

cent of the income from the project iu one year. . The new law allows inventor® to spread the incdme back over five years. Another requirement in both the ] old and new laws is that tboee I taking advantage of the rule must i have worked at least three /years on the particular project. B i However, the new law makes an exception for Inventors and those engaged in “artistic wbrk." such as writers, composers and artiste They can get the break W the project takes as little as 2r monthe to complete. The new law also tightens up the rule in some respects. In the petit, income received as “compensation for personal service®" could be averaged over previous years. Some persons lumped together various in order to meet the three year requirement. Others have separated their “servicer ‘ in such away as to avoid the 80 per cent rult. In any event, the new low pins down the rule by allowing a taxpayer to spread back income

! THE CHANGE: Even though employment in some areas has fallen off, we still have twenty million more jobs than we had in 1939. THE OPPORTUNITY: A flow of purchasing power that keeps our economic machine running smoothly. 1 a JHi' Wil sB& THE CHANGE: More and more of our ydung people attend high school and college; 2,377,000 are in college right now. THE OPPORTUNITY: An intelligent, informed public is a great assurance of future prosperity for any nation. oim BOSI KW li IBtM 4 Blfßi A >. I I’l 1 IMP THE CHANGE: Our growing knowledge of atomic energy and how to, harness it for constructive peacetime uses. THE OPPORTUNITY: This opens up fabulous new fields. Sooner or later, atomic energy will run our farms, factories and mines.

TTTO DECATUR BATLY DEMOCRAT. DECATUR. INDIANA

received from an “employment." Thia makes it dear that only one project can be involved. (Next: Final article on miscellaneons provisions.) lowa Plane Crash Kills 11, Injures 8 Violent Storm Causes Fatal Crash Today MASON CITY, la. (INS) -- An electrical storm was blamed today for the ertfsh of a Braniff Airwa.far’plane near Swaledale, la., iu which 11 of 19 persons aboard were killed. The other .eight were injured. Officials of the air line said they believe the plane was caught in a downdraft during the storm Sunday which was so violent that It knocked down trees and flattened cornfields. Included among the dead were the pilot and co-pilot, identified as Capt. W. A. Dickering and W. B. Wile, both of Kansas City, Mo. Names of the passengers killed were withheld pending notification of next of kin and a careful check of passenger - records at the Dal-

las, Tex., beadquarters of the airlines. : » Among those believed killed was Mrs. Logan Uriche, 67, wife of a former postmaster at Vinton, la. L'riche said he put his wife aboard the plane at Waterloo, la., a few minutes before the tragic crash and her name did not appear on the injured list at the hospital. The twin-engined DC-3 crashed, but did not burn, on the open pasture of the Harold Marquardt farm about four miles south of Swaledale. Witnesses said it bounced 500 feet after first hitting the ground. Braniff officials at Mason City said they were unable to contact the plane by radio after it left Waterloo to warn it of the storm. The northbound plane was Flight 152, bound from Memphis to Minneapolis. . „ Braniff previously had no fatalities la flights since 1939. Excise Officers Arrest 111 In Marion County INDIANAPOLIS (INS) —lndianapolis and Marion .County were chief targets of Indiana excise police in many week-end raids. The officers arrested 111 persons for various violations of the Indiana liquor' law.

888 BBm 1 11 • 9 «SBll< IU JMRiP WH ’ fl g »*>" • .r Tar " Wff M? t -■-■■- 1 THE CHANOt: Nine times as many Americans now enjoy a $5,000plus income as in 1941. Savings are at an all-time high. THE OPPORTUNITY: Saved money is for spending -for homes and automobiles and washing machines and everything else. H • <■'■’ S& •■• B B I B BdEßfb q » a I fil ■ <fl 9 fIL Off W WflrWwiiW M t&fli MMff WWW IB ™ IKMPB SWBaRS wLSB THE CHANOE: Our industrial genius increased America's factory output every year. Today, 98% of our work is done by machinery. THE OPPORTUNITY: Increased productivity creates higher living standards and more general prosperity. 'l’l THE CHANOE: Membership in religious congregations has increased pt twice the rate of our population gains. " THE OPPORTUNITYi Our spiritual gains will help us to lead richer lives, to make the best use of our material gains.

Eight Hoosiers Get FFA Honors Bluffton Youth Is .. Given Top Award LAFAYETTE, Ind. (INS) —Eight young Indiana farmers are to be honored next October when they attend the annual convention of the Future Farmers of America, in Kansas Qlty, Mo. K. W. Klltz, Indiana FFA executive secretary, said the eight were selected on the basis of their farming ability, leadership and scholarship. (Each state may select one youth for each 1,000 FFA members to be honored with the degree of “American Farmers.” Indiana's choice Includes Ray Brewer, Bluffton; Wayni? Drake, Plainfield: Lloyd Grove. Clinton conty; Richard Hoffman, South Whitley; Charles Jackson, Columbus; James Moriarty, Argos, and LeMar Eugene Smith, Hamilton. TT you have something to sell or rooms for rent, try a Democrat Want Ad. It brings results. As the feller said, taxation Is a “Capitol” way to make money!

State Fair To Feature Quartet * jjxWwyEfireiwww BMWRBk - w TWWWi O: ; -mC t-.,Alofcw| Al ■ vA Wb -1 t »'* ! QHB - lEßfcw t 181 > v << < : iu - 'W ' -irBS Jylw X K, The Mills Brothers, world-famous vocal quartet, will be one of ipany headline attractions scheduled for personal appearances at this year’s Indiana State Fair. The Fair opens a nine-day stand Thursday, September 2. The Mills Brothers will appear with vocalists Eddie Fisher and Julius Laßosa in dazzling Coliseum productions September; M through the 6th. ,

Phil Baker Winner At Lakeview Track Phil Baker won the feature event at Lakeview speedway night. Al Cook finished second and Bob Tonnelier was third. Al Cook won the first heat,trial; Glen Bauman won the second, Earl Summers was winner in the third heat and Bill Watergun won the fourth. In the powder puff derby Jean Kendall waa first; Mabel Free mar was second and Dorothy Cook was third. Another card is scheduled for next Sunday night and. another powder puff derby wiU be Included in this bill, the management announced. Errard King Wins Rich Chicago Race CHICAGO (INS) —.Eastern bred .Errard King which previously was not regarded too, highly in midwest racing circles, scored its second major triumph of the summer season by winning SIISUMO American Derby at Washington Park.

- ; »■ wk> i® ’ - ft-wi Bl THE FIRST TELEVISION-TELEPHONE to be manufactured for commercial use is demonstrated in San Diego, Calif. The caller's image appears on one half of the screen and the called party’s on the other half. When the set is not in use it may be used as a regular television receiver to pick up standard programs. (International Soundphoto) hST* K « K KX fl '*' -• ■> 'i - '*'■■ * ' * FRENCH PREMIER Pierre Mendes-France and Paul-Henri Spaak (left), Belgian Foreign Minister, confer in Brussels, where the foreign ministers of the six signatories to the European Defense Community treatyare meeting. The diplomats are searching for a compromise between the existing treaty and the French Protocol that would have transformed it Snaak said that aueement was reached on some points. J

MONDAY, AUGUST 23. 1954.

Amateur Golfers In Wide Open Tourney GROSSE POINTE, Mich. (INS) One of the most wide open battles in recent years began today for some 200 of the nation’s top ami- T teur golfers who tee off for glory only in the first round of the U.S. Amateur tournament at Grosse , Point. ' No standout was being touted for the “Rose Bowl” tourney of the amateur golf world but five former champions were among the contestants. Ohio Search Continues For Missing Jet Plane MANSFIELD, O. (INS) —The Ohio Civil Air 'Patrol continued to search the hills of eastern Ohio today for a jet plane missing since it took off for Mansfield Saturday from New Castle. Del. The state patrol received two reports Sunday from the Morgan county area of persons who said they saw a jet plane in trouble, and Searchers concentrated on that ie< W_ ® Democrat Want Ads Bring Results