Decatur Daily Democrat, Volume 57, Number 154, Decatur, Adams County, 1 July 1959 — Page 3
WEDNESDAY, JULY 1. 1959
Ike Signs Tax Measure, Debt Ceiling Hike WASHINGTON (UPI) — President Eisenhower late Tuesday signed into law a bill raising the legal ceiling on the national debt to a record peacetime level of 295 billion dollars. He also beat a midnight deadline by signing a bill to continue high Korean War tax rates on corporations and such consumer items as liquor, cigarettes, beer and new cars. The President had requested both measures, and signed them without comment. Earlier in the day he had signed a bill authorizing the Veterans Administration to| raise the maximum interest rate on GI housing mortgages from 4% per cent to a record high ot 5Y* per cent. Without the debt ceiling bill, the debt limit would have dropped to 283 billion dollars at midnight Tuesday—or about two billion dollars below the amount actualy owed by the government. The President’s signature on the tax bill prevented an automatic drop in tax rates at midnight which would have cost the already hard - pressed Treasury about three billion dollars in recenue. The current high rates were put into effect during the Korean War to halp finance the fighting. They have been extended since bn a year-to-year basis. The legislation retains the 52 per cent corporation tax rates, which otherwise would have fallen *o 47 per cent at midnight. In adculon, the tax bill provides for a tax of 8 cents a pack on cigarettes instead of 7; $10.50 per proof gallon on distilled spirits instead of $9; $9 a barrel on beer instead of $8; 10 per cent on new passenger cars instead of 7; 8 per cent on auto parts and accessories instead of 5. It also forestalls reductions in excise taxes on wines. Indianapolis Boy Is Killed By Lightning INDIANAPOLIS (UPI) — A 10-year-old Little League baseball player who refused to let a little rain spoil his practice session was killed by a bolt of lightning late Tuesday. One of his teammates was burned seriously. And in a nearby southwestern Indianapolis home, the sudden thunderstorm unleashed a lightning bolt which traveled down a chimney, injuring three persons inside. Young Gary Klinger was playing third base when the lightning struck. He died shortly afterward in General Hospital. The bolt ripped off his clothes and tore a hole four feet across and seven inches deep where he was standing. Robert Lockhart, 11, who was playing shortstop only 10 feet away, was knocked down and burned severely. He was hospitalized in fair condition. Young Lockhart’s father also was knocked down by the lightning. But he rushed to his son and administered artificial respiration. When the boy responded, Lockhart went to the Klinger youth and worked over him, bringing back a weak pulse. A few minutes later, another lightning bolt flashed down the chimney of the Elmer Rothwell residence. Mrs. Rothwell, 29, her six-months-old son, Michael, and Mrs. Mamie Rothwell. 50, were treated at St. Francis Hospital for Shock. The bolt traveled down the chimney and emerged through ventilating ducts, blowing soot through the house. Rothwell and two other children, Patricia, 7, and Ronald, 9, escaped injury. Over 2.500 Daily Democrats are sold and delivered in Decatur each day.
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More Witnesses In Probe Os Rackets WASHINGTON (UPI) — The Senate Rackets Committee opens a case study today of how smallsized Joey Glimco stays on as a big wheel in the Teamsters Union in Chicago. Chief Counsel Robert F. Kennedy said one aspect of the inquiry would involve "retaliation against those who have opposed Glimco.” He said four or five witnesses who might have first hand knowledge of this would be called to testify along with Glimco and Teamster Vice President John T. (Sandy) O’Brien of Chicago. Glimco was pictured earlier this year as a power in both the union and management sides of the Chicago juke box business as well as buddy of underworld bigshots and of Teamster President James R. Hoffa. These associations, the committees concluded, represented Glimco’s principal qualifications as a labor leader. At any rate, Glimco, as. a Fifth Amendment witness, did not offer any others. Also coming in for a return appearance today was Raymond Conen, a Philadelphia Teamster who will be asked if he used illness as an excuse to avoid testifying last week and then went fishing. The committee pushed on to these and other new matters after spending all day Tuesday tracing an involved attempt by a Cleveland group to dispose of some surplus Air Force cargo planes they had purchased. Louis (Babe) Triscaro, a gravel voiced Ohio Teamster official, refused to answer questions about his role in the negotiations to obtain a $300,000 union loan for the plane owners when they were hard pressed to pay off bank mortgages. The testimony indicated Triscaro persuaded Hoffa to intervene in their behalf. But the loan application was rejected about two weeks ago after committee investigations began looking into the matter. Argument Delays Tax Evasion Trial TERRE HAUTE, Ind. (UPDHotel employes were expected to appear in federal court here today after a one-day delay to testify for the government in its attempt to link seven defendants with an alleged muli-million dollar gambling syndicate. The hotel employes originally were expected to testify Tuesday as to the dates seven of the eight defendants checked into Terre Haute hotels. The government contends the eighth defendant, E. M. Wyatt, Terre Haute, was the only one of the eight men on trial to apply for a SSO federal gambling stamp and file excise returns on wagers. The appearance of the hotel employes was delayed Tuesday by a lengthy argument between attorneys over the admission of evidence by a telephone company executive. While attorneys argued, the jury squirmed in 96-degree heat. The testimony finally was mittedprosecution witness 8.0. Gordon, district commercial manager of the. General Telephone Company of Indiana, Inc., testified that $5,900 worth of calls were placed to or from eight unlisted telephone lines during about 75 days in the fall of 1957. The government, seeking to convict the eight defendants on charges they evaded more than $325,000 in excise taxes, contended the phones were used to place millions of dollars in bets. The government called 11 witnesses during the first eight days of the trial. According to the calculations of District Attorney Don A. Tabbert, there were still about 190 prosecution Witnesses yet to testify. Up and Around NEW ORLEANS (UPl)—When doctors put pedometers on patients who had been ordered to take, modified bed rest they were surprised. The patients, whose activity was "restricted,” actually walked 16 miles around the hospital wards in one week. I I SIXTH CAESAREAN — Mrs Fred Olinger introduces 2-week-old Clare in Indiananolls. Ind., her sixth baby by Caesarean section. “There's nothing much to worry about,” sajy the mother.
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decatuh Daily democrat, decatur, Indiana
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