Decatur Daily Democrat, Volume 59, Number 32, Decatur, Adams County, 8 February 1961 — Page 12

PAGE FOUR-A

HAFLICH & MORRISSEY’S DOLLAR DAYS FRIDAY and SATURDAY February 10,11 Final Clearance of Fall and Winter Shoes. Nationally Advertised Brands at Rock Bottom Prices. All Right Shoes Are Out on Trays and Racks for Your Easy Selection. Come Early! MBSTEPS COO Values to 14.99 A# LIFESTRIDES mw AW Values to 12.99 * ■ SPORTS & CASUALS NOW 700 Values to 8.99 _ BUSTER BROWNS 700 For Children NOW S Value, to 7.99 MEN’S SHOES £OO Roblee and Pedwin NOW ■ Values to 12.99 _ MEM'S WORK NOW 700 Values to 10.99 t WORK ARCTICS 700 For Men NOW f Values to 10.99 > ' 9 . 0Size 6 to 11 CHILDREN’S BOOTS NO w X UU Values to 4.95 HOUSE SLIPPERS NOW 700 Values to 6.00 JBB 100~ NEW SPRING STYLES ON DISPLAY—USE OUR ' " LAYAWAY! AIR STEP — — BUSTER BROWN OPEN FRIDAY and SATURDAY NIGHTS 'til 9 DECATUR - BLUFFTON - WINCHESTER

SHERWIN WILLIAMS CO. 222 N. Second St. PHONE 3-2841 BALL POINT PEN with purchase of a (fiexalt) DELUXE O tooth BBRUSH IVA Hll re 9 u * ar P ric ® Uk 11J|k-L1 Rexall Del u xe Toath llli&Uxrrui Brushes are made illl I *° retain their Choice of »ix llllmgdflSM medically op■Hh II P rov stylet. UuL - H MN AND 1111 l I 11 TOOTH MUSH, ■UH I II VAIUI mil i I OHLY Iplll 69‘ SMITH DRUG CO.

REXALL r— DOLLAR DAYS BARGAINS RUBBER Non s terile " House h o, d use GLOVES Reg. 79c ea. 98c Value 2 p„. l-oo sreciAl 59c FREE-1 Can DAINTY grite Set DEODORANT POWDER MAltt QB9AV With Large Economy Pkg. nftln wi SIHI REXALL LADY FAIR Reg. 1.69 SANITARY NAPKINS ~ SPECIAL SPECIAL j|«79 ■ Home - Auto VALENTiNEOANDY «£ T "V" 80X 75c..4’®5 _2±_ZZ__ - Lanolin Rich FREE-30 Day Supply WOODBURY SQUIBB VIGRAN HAND CREAM MULTI-VITAMINS j O O Value WHEN YOU 4* Qft BUY 100 FOR 5S© Maxixe y ]OO Value ‘TmST WOODBURY box 1a 5 shampoo S» c 69c t Rexall—Reg. 98c ' AEROSAL LANOLIN PLUS TOOTHPASTE SHAMPOO 2.25 Value for 3FOC special SPECIAL Triple Action Helene Curtis COUGH SYRUP CREME RINSE 1.09 Value 1.59 Value Penetrates IO Cuts Phlegm Quick Acting __ jj plus tax Smith Drug Co.

THE DECATUB DAILY DEMOCRAT. DECATUB. INDIANA

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MUST BE ESSENTIAL— Lone car moves over the normally jammed Brooklyn Bridge in the morning rush hour. All non-essential vehicular traffic was banned from the streets of the blizzardstruck city.

Big Labor Asks Reform In Tax In Rate Areas By LYLE C. WILSON United Press International WASHINGTON (UPI' — Putting two two together you get ; some idea of what President Kennedy has in mind regarding taxa--1 tion. For example, the Democratic , platform said: “We shall close the loopholes in the tax laws by which certain 1 privileged groups , legally escape their fair share of taxation.” In his second news conference. Kennedy said: “We will suggest (to Congress) I a source of revenue with every

program (for new spending).” The AFL-CIO research depart- j ment is out now with its own estimate of how much new revenue the Treasury would obtain by means of tax reform to eliminate loopholes. Big Labor estimates the additional revenue at $lB billion. These loopholes, Big Labor contends are, in fact,, special privileges. Want Tax Reform Organized labor wants tax reform in the rate areas where bus-' iness, industry and capital are ! [most acutely interested. Big La-' i bor takes dead aim on the oil in-; dustry’s 2714-per cent tax deple-1 tion allowance, and lower allow- ■ arices enjoyed by other extraac-’ tive industries. The AFL-CIO News tags excessive depletion allowances to the\ oil and mining industries the most! flagrant among all revenue law! special privileges. It is significant,! however, that Big Labor does not propose outright repeal of the en-| ’tire depletion allowance but only that, portion of the allowance i deemed to be excessive. “The effect of these (special), exclusions and deductions,” says the current AFL-CIO News, “both as to individual and corporate ■taxes is to treat income different-! 1 ly according to its source. That is, I I income from wages is taxed at] jone rate, income from dividends !at another and income from oil Swells at still another. “The special treatment for capital gains, the special tax credit, , for dividend income, the - continu-. I ing existence of tax-exempt inter- * Lest are but a few examples,” the! ‘ department of- research said in ! citing tax situations Big Labor! desires changed. Language May Vary These tax objectives of organ|ized labor fall generally within the pattern of the Democratic plati form to which the Kennedy adI ministration is committed without

■ pw F LJ j If I ar 1 lAfr When You Travel I I jc MOkL o» I I 0UI ; FLEET-WING Gasoline! I I dollars! I . '" •" Hl -.--■ . -- ~ , - , / _ . ». • -- - ■ < • ---—- —. v ■ : , , - ■ ■■—m» - .. .a.—-4—— J BEAVERS OIL SERVICE, Inc. DECATUR, INDIANA

repeal. any qualification whatever. The i language may vary but the mean- i ing and intent are the same, i Where labor demands repeal of i excessive depletion allowances, < the platform promises repeal of i allowances which are inequitable. ’ Neither is a proposal for outright

WAR BAYS ONE GROUP FIRST QUALITY TABLE LAMPS DINETTE SETS IHVM. W by Chromecraft 20% OFF 20% OFF 9" x 9" 100% VINYL I TILE Lifetime Guarantee! No Scrubbing! No Waxing — Easy to Install Aft Reg. 59c eachSALE, EACH V “OPEN FRIDAY and SATURDAY ’til 9 P.M.” HUSMANN’S orating 238 N. Second St. Phone 3-2709 . TRADE-IN wZs men's Balance of one group WATERPROOF • FALL and WINTER LADIES SHOCKPROOF COSTUME WATCHBANDS WATCHES JEWELRY WhH 'c» ,lb “ With Matching $5.95 and $6,95 STAINLESS STEEL fl A A WATCHBAND pcs Values W 95 ■ 050 OPEN FRIDAY and SATURDAY 'til 9 “ John Brecht Jewelry 226 N. Second St. —

In short, labor and the Kennedy administration definitely seek or are committed to reduce depletion allowances but not necessarily to repeal them. This somewhat fine distinction was not much emphasized when the party platform was presented to the Democratic National Convention last July-

WEDNESDAY, FEBRUARY 8, 1961

Some left-wing elements of the Democratic party may be expected to resist any interpretation of the platform to limit the pledge to mere reduction short of depletion allowance repeal. Either way, business, industry and capital stand to pay the tab.