Indianapolis Times, Indianapolis, Marion County, 27 January 1947 — Page 7
WO DAYS! d BIG WEEK!
BERGHAN
HITCHCOCK'S vious’ DE RAINS
.
He, BAK be Sty
CILLERS™
Sint and
I ‘EASY TO WED" SHORT SUBJECTS
th and 5:48 %0 6 slaware $5¢, plus fas jeraldine Fitsgerald 'ES FOR EVER” -Anne Jeffreys i WAY HOME"
—— Talbott at 184
»”
F A WOMAN" % OF TRE DAY
19th & Lum 'N College Abner N THE ons 18 Svllepe
jeorge HUCAL oy
\s—Ramsay Ames
§ e Deadline” 3 eo.
r—Paul Muni
My Shoulder”
-Rod Cameron naround”.
300 Ft. Wayne to a0 eorge Montg
Girls in Blue”
s—Ramsay Ames
Ey d Central n~Loreita Young GER” Short feedjecis
i SIDE
MA-01 Nore TOMORROW™ USH TRAIL” 3 219 MA, 1849 RAGE OF LASSIE” ARK HORSE”
“1108 8, Meridian - acl skin 5229
AND DAVID" ig Cassidy ‘DUsT* 2208 GA
-Louls Hayward WIDOW”
nd A
wh
* secret ballot when
hi iy aa
ne
Reductions
Cut Might Be Made by Slicing Rates
Or by Increasing P
By JAMES M. HASWELL Times Special Writer WASHINGTON, Jan, 21~1f congress cuts the income taxes, what will it mean to me? That's the jackpot question millions of Americans
Fy
are asking.
Nobody, knows exactly how congress is going to cut the taxes. There
can't be any precise answers yet,
But a range of possibilities can be outlined, and taxpayers can know
A
Secret Ballot Asked in Strikes
Case Says Many Union Men Want ‘Protection’
WASHINGTON, Jan. 27 (U, P)). —Rep. Francis Case (R. 8, D.) said today he has received many letters
from C. I. O. and A. F'.-L. members “pleading for the protection” of a strike votes are taken, “Many of these men tell me that they were compelled to vote in favor of a strike because the vote was taken in an open meeting. They said they were afraid to go against the wishes of their leaders,” Mr. Case said, He opened his fille of correspondence on labor legislation to explain a secret strike ballot provision in his strike control bill. He said he had included it because “so many union members asked for a. themselves.” Majority Only Fractional A secret strike ballot law might have prevented many major strikes in the past, he said. He cited the General Motors strike of last year in which he said “the majority in favor of a strike was only frac tional.” (Strike votes taken under provisions of the Smith-Connally dct during the war were conducted secretly by the national labor relations board). Mr. Case cited one-letter from a union member who said that the strike issue was. brought before an open meeting by his union leader. This official, the member said, listed all the reasons for a strike and Shes asked anyone opposed to také! platform. = Brass Band Played
The union member complained
-{doesn’t help the poor man .enough,
{000,000 tax cut by increasing ex-
Ea
ir | Possible Income Tax
Indicated
ersonal Exemptions
what the congressmen are talking about up on. “the hill.” There are two approaches. One is to cut the rates of taxa~ tion, The other is to increase the exemptions from taxation, The first proposal heard in congress is to cut the rates of individual income faxes 20 per cent, Let's examine that. In 1042, the last year for which the government has complete figures, Americans paid individual income taxes. In 1047 at present rates the government expects to collect $19 billion in individual income taxes. A 20 per cent cut in the rate would mean a $3,500,000,000 to $4,000,000,000 savings. Who would get the savings, and how much? About 115 per cent of the 16 million in 1942 paid on incomes ranging from $3000 to $10,000. One more assumption. The average American taxpayer who supports a family has a wife and two children. : How Horizontal Cuf Would Work Now we're ready to go— Mr. $3000 pays $137 income taxes now, and would save $27. Mr, $5000 pays $480 taxes now and would save $06. Mr, $10,000 (call it $8000 net income) pays $1202 now and would save $428 by a 20 per cent cut. Just for contrast, Mr, $100,000 pays $62,301 taxes now and would save $12,420, Two protests are heard. This and it helps the rich man too much. Those 1942 returns showed fewer than 2500 Americans had incomes
the 2500 paid 147 per cent of the taxes. This means the total saving to this group under the 20 per cent rate cut could be about $52,500,000 of the proposed $3,500,000,000. Exemptions Could Be Raised Now the other side of the story. If congress should make the $3,500,-
emptions, it would mean . (roughly) doubling them,
The present exemptions are $500!
that when he stood up to speak against striking, a brass band start-| ed to play the “Star Spangled Ban-| ner.” When it was over, the meet-| ing had been concluded and the local was on record as favoring a| strike, | Mr. Case produced other letters | oq alleged to have been written” by | union members” supporting the secret strike ballot provision. Many | of them contained no signature | other than “a C. 1. O. (or A. F.| of L.) member.”
LOCAL ISSUES
Nominal quotations furnished by anapolis securities dealers:
STOCKS Bid Asked, Agents Fin Corp pid ......... 0 ... Agents he Corp pi¢ sesnens er 20 es American es pid oo 2% American _— tes ¢ A 33 . *L 8 Ayres 42% pid «107 i Ayrshire Col com ...... » 30% MH Beit R Stk Yds com ..... «33% 38 Beit R Stk Yds pla . 80 bs Merril} on pid . 3 “is Merrill . . 1 i Central Soya on teste « 33% 38; Circle Theater com... ...... 16 Comwith Loan 4% pid 100 103 Consolidated Industries com .. % il Consolida dustries ya. 4 tn Cons Fin Corp pid.. 27 ‘ Deita Electric oom creishases 14% 18 Electronic Lab co =u
Indpls Indpls Ratiways com *Jeff Nat Life com . Kingan & Co, co a *Kingan & C6 pid ........... Lincoin Nat A 5% pid .... 60 Ma:men Herrington com .... Lincoln Joe Co 8% pid
Ft Wayne & Jackson’ RR pid 9 97 HMerfi-Jones el A pia. ee 13%. 14% Hook Drug C sz cenins 25% 2A *Ind Asso Tel C pia 49 51% Ind & Mich Elec 4%3% pid... 108% 110'5 Indpls P & OME ues ininve 2% 30; Indpls P & L 4% pid .108 109 Indians iia Water pfd .108 13
jtokely-Van Camp Jtokely-Van Cam
8 f Terre Haute Ma U 8 Machine com United Tel Co ak Union Title com. ...........:. BONDS American Loan 4's 00...... 1 wes American Loan 4%» 68...... I “hee uhner Pertil) LL TIT Lu een of Com dg 4%s. 61. 9 een tizens Ind 4%s 61...... 103 ry Jumbia Club 1%s 6 sol Pin 6s 66 ....... Teese § ta Coll 5'%s 56 » milton Mfg ofa 86.. oosier Cri 1 8 ic'ie se um Bs 56... se 14 unis. s Railways Co 5s 67 .... & ES Co.38 75...4004 A Telephone 3s 61 uhner Thoking 48 Ind b Serv 3's 13. bh Serv of Ind 3%s 15 b Tel 4%s 85 . ........ +.100 Yilliamson Inc 88 55 ........ 9 ¢c Term Corp 5s §7........ 96% Ex-divide nd. Direct Service
CLEVELAND TO
TORONTO & MONTREAL
Vie LONDON end OTTAWA
2 Flghts dolly
% 3:30PM 10:15 PM
{for each taxpayer and dependent.
2 | before they become as generous as
World war 1
LOCAL BRI EFS
«..|elected the following directors for
veer |Mrs, Willlam W. Knight and Mrs. *“* Robert 8. Sinclair. |
| Making them $1000 for each mem{ber of the typical family of four would mean—
Mr. $3,000 would pay tax. Hed! save $137. | Mr. $5000 would Pay $91. He'd
save $38¢. Mr. $10,000 ($8000 net income) | { would pay $798. He'd save $494. And Mr. $100,000 would hardly |
notice it. He'd pay $60,648, and save $1653, Among objections heard are that|
this plan is demagogic, and would not stimulate new enterprise. May Combine Plans . What's congréss likely to do? The| best guess is it may do a little of both. It did during the 1920s, {which was the last time taxes came |
- | down.
There were four tax cuts in the:
“|'20’s, so it's possible to make up als
little table that shows what hap- | pened. } EXEMPTIONS
Man & wife Single man Dependent) | Wot war I $2000 $1000 . $200 vt ne 2500 1000 400 1924 fear imes 2500 1000 400 1926 ...o... 3500 1500 400 HM iuereas 500 1500 3%
3 World war II 1000 So it is possible to Wake oy increases in the individual exemptions
they used to be.
T RATES Normal Per Cent Surtax Per Cent
« 6-12 1-65 32% ariiiiniia 4-8 1-80 9 vr trrtes 2-6 1-40 1928 “..iiiinin, 112-5 1-20 1928 « 112-5 1-20 World ‘war IT 3 85 “17-87
*Less § per cent. So it is possible to make big cuts in the tax rates, too,
Copyright, 1947, by The Thaianapolis Times d The Chicago Daily News,
The Children's Bureau of the Indianapolis Orphan Asylum re
a three-year term: Mrs, Charles Garrard, Mrs. William Griffith, Mrs. Silas B. Reagan, Mrs, Perry W. Lesh, Mrs, Warren Ruddell, and Qerald Redding. Retiring members were
——— | Harry Gorman will show a movie
on Boys' club activities at a noon| meeting of the Lions club: Wednes- | day.
CA French horn trio of Harry Hoff,
vot | Mariline Alcorne and Martin Wil.
liams will feature a midwinter con-| cert of the Warren Central high! school orchestra and - band at 8 p. m, tomorrow. night in the school orchestra,
meet Wednesday at Sky Harbor airport. Charles R. Scales is president and A. C. Lichtenauer is in charge of asrdngaments for the meeting.
Truck Wheat
7 Indianapolis flour mils and grain elevators are paying $2. r bushel for No. 1 truck wheat; new ig r bushel, and No. 2 white; ushel; oats ating M ro or better, 760 per bushel; No. 2 yellow soybeans, 14 per cent moisture, 83700.
TRANS CANADA Aor Loves, INTERNATIONAL TRANS-ATLANTIC Arcade, Union Commercé Building, Chester Avenue, Cleveland, Ohio, x or Your Travel Agent
Local Produce. PRICES FOR PLANT DELIVERY ine iy eg i Ts paren CH that N 166; Xo
i 2 A
-
16,100,000] *
of $100,000 and up, and all together |
The Eli Lilly Aviation club will
JUMPS FOR JOY—Out of her allowances and gifts, 9-year-old Rita Pietrzak of Cleveland, O,, saved $25. She's contributing it all’ to the National Foundation for Infantile Paralysis, Rita, a polio” victim, knows what the March of Dimes means. was flat on her back, unable to move, speak or eat, paralyzed internally as well as externally. Now, after months of hospitalization and convalescence, she's a happy youngster, bécause, cured, she has Here she's pictured with her favorite
just game back” to School. plaything—a jumping rope.
Last Aug. 28, she
LOCAL
Good and choice ..,......... [email protected] Medium and good .......:.. 16,[email protected] | COMMON ¢4sssunessnssnnsaira 12.00@16,00 lV T Ewes (8horn) Good and choice ......,.. 6.00 Common and medium ....... 5.50 600
SHEEP (2350) Lambs
{For Air Power
European |ler’s magazine, said today, ri
the weekly's current issue, Russian
“i S Se in hal
Britain, Russia Far Out in- Front
NEW YORK, Jan. 27 (U. P).— Britain and Russia, each of which makes all its scientists work together as a “national team,” have gained a big lead over the United States in the race for development of air power, William B. Courtney, correspondent of Col-
Moreover, Mr. Courtney said in
atomic scientists “are not only as up to date as Americans in atomic research, but are now conducting fission experiments with . elements infinitely more powerful than uranjum.” He added, however, that the Russians do not yet have the “engineering measurements” for building the atom bomb. In aviation, he said, Britain, with an eye to future domination of world commercial air routes, leads the U. 8. in development of turbojets and propeller-turbine engines, while Russia is in the forefront in long-range guided air weapons — “the weapons of the polar front.”
British Flooded Market
Mr. Courtney charged that the British, by flooding the American aviation industry during the war with demands for planes and engines of conventional types, intentionally made it possible for their scientists to develop plans “for luxurious and huge airliners of five years post-war-—designed for pro-peller-turbine engines.”
guished guests, he said the Soviet is concentrating on gudeq air weapons, a “A rocket is far more useful than|the best airplane” in launching an
sald. “Guided, pilotless air weapons are independent of weather. Airplanes still are not despite radar. 50 | MoTeOVET, planes are more vulners
able to air defenses.”
Pointing out that Russia treats her German scientists as distin-
atom bomb attack,” Mr. Courtney
Cahdidales. fo Moke | Final Choice Feb. 3
By ART WRIGHT
and queen candidates for the Times Ice-O-Rama “which will be held Feb. 20 in the Fairgrounds Coliseum. Names submitted to the Times office today or postmarked by midnight tonight will be added to the final list. The candidates will meet Feb. 3 to vote among themselves to determine the two to reign as king and queen, All candidates will make up the royal court the night of the show.
The Latest Candidates
Latest additions to the list of candidates are: Be-Bop Inn of Northwestern— Queen, Candis Driver; king, Carl Anderson, both students at Crispus Attucks high school. Douglass Down Beat — Queen, Jean Bledsoe, 2314 Sheldon st.; king, Roy Woods, 2316 Winthrop st. Gals and Pals Club—Queen, Jean Horton, 516 8t. Paul st.; king, Danny Stuart, 47 W. Morris st. Horizon club of Camp Fire Girls ~—Queen, Joyce Pauley, 622 Lockerbie st.; king, Tom Beverly, 438 N. Pine st., both students i Tech high school. Jolliette of Lockefield — Queen, Mary Richards, 630 Blake st.; king, Bailey Lee, 513 W, 13th st, both Crispus Attucks students. Keystone Kanteen—Queen, Freda Fredenburg; king, Fred Dietz, 3001 Meredith st. Melody Manner — Queen, - Pat Marsh, 615 N. Noble st, a student at Howe; king, Bill Sargeant, 3023 Nowland st., a Tech student. Rhythm Rockers — Queen, Sue Jolly, 929 Sanders st.; king, “Fuzzy” Miller, 2173 Sugar "Grove ave. Teen Chorus — Queen, Delores Shumm; king, Bob Highfield, both students at Tech high school. Tuk-A-Packe—Queen, Pat Brock-
Teen. groups: have until tonight!] to submit the names of their king|h
$1, Incl Tax $1, Incl
Address tert atEINIIsRREEY
lope to: Ice-O-Rama Tickets, land st.
Ice-O-Rama as follows: (List su Parquet Senta.
Ssbesssnanie
Mall this order with remittance and
ridge student; king, Chet McDowell, 2542 N. New Jersey st, a Tech student, Mail order sales of tickets cone tinued to mount yesterday and today. Requests, accompanied by check or money order and stamped, self-addressed envelope, wlil be filled in the. order received.
Send Order to Times
Mail orders should be sent to Ice-O-Rama. Tickets, Indianapolis Times, 214 W, Maryland st. There are only two prices—$1 for box seats and parquet seats and 50
include tax, Applications are still being taken from amateur skaters wishing to take part in the show. If you have not registered and wish to join the cast of more than 300 skaters, tele-
Koster, city park and Fecreation board, WA bash 4576.
Hannegan Back On Job
BOSTON, Jan. 27 (U.master General Robert E. Hannegan said today after a physical checkup that he was in “good condition,” and would continue as a cabinet member and chairman of
way, 2328 Carrollton ave., a Short
cents for mezzanine seats, Prices|from
phone Ice-O-Rama, Indianapolis| Times, RIley 5551 or Mrs. Norma
P.) ~Post-}
the Democratic national committee.
GOOD TO CHOICE HOGS (6400) Butchers 120+ 140 pounds .....
220- 240 pounds 240- 270 pounds ..
Medium 160- 220 pounds .......e000 + [email protected] Packing Sows Good to Choice 270- 300 pounds 10.75@ 20.50 300- 330 pounds 12 304% » 330- 360 pounds « 19.80@20 360- 400 pounds 1 25320.00 Good---400- 450 pounds ...ieeceneve 10% 450- 500 pounds ....ovene0es nn 19.50 Medium 350- 350 pounds ............ [email protected] Slaughter Pigs Medium to Good . 90-120 pounds - ............ 15.26@20.% CATTLE (1700) Choice 700- 900 pounds 22.50927.00 J90- in pounds [email protected] pounds [email protected] = 1500 Sounds "oe [email protected] “500 pounds [email protected] 00.100 pounds . . 19.50@ 22.50 00-1300 pounds [email protected] ' 1300: 1500 pounds [email protected] Medium -- 700-1100 POUNAs ..vvvueeesse [email protected] 1100- 1200 _pounds seas ne W [email protected] Common 700-1100 “pounds vaverani sees [email protected] Heifers 600- 800 pounds .....,....e0 [email protected] 300 1100 pounds ......... ves [email protected] Coo 800 pounds ...... sevnes 19.009122.00 800-1100 pounds ...e.i000.00 [email protected] Medium S| Son pounds ....eeeieee. [email protected] 500- "900 1 pounds .......cie00 [email protected] Cows (all weights) COR 5 oan vs ciinss suas vss ann [email protected] Medium ivsven ayes 11.50 13.9 Cutter and COMMON ....r.viee [email protected] sent Epi nrsart tan 8.00@ 10.00 Bulls (all weights) Beef Good (all weights) ....... 15.00 8m 188 QO Good pilneu kus nanse rhe snd ine [email protected] MeAIB isin arire ar 12.50@ 14.00 Cutter and mediim ........ 9.009 12.50 CALVES (425) > Good and choice ............ 25.00€127.00 Common and medium ....... 12.50@ 25.00 Culls (75 pounds up).,..s.... 12.50
Feedez and Stocker Cattle and Calves
Steers Choice 500- 800 pounds .......eceee B 209182 Salvo pounds ...... vesene 17.00 ES 00Q ~~ 500- 800 pounds .....ceveee. [email protected] 800-1050 POUNAS ...ieoeevesq, 14.50018.00
Medium 500 1000 pounds i eevieeeie 12.50014.50
Common 500- 900 pounds 10.00912.50 Short Ignites Gas, Man Badly Burned Joseph M. Miller, 23, .of 1217 N. New Jersey st., was severely burned today when gasoline on his hands ignited “from a wire short in the garage of the Indianapolis Street Railways, Washington and Brush sts. An electrician, he is in Methodist
hospital suffering from burns on his hands, arms, neck and head,
INDIANAPOLIS CLEARING HOUSE Clearings Debits
Cesabeinnse
Ser pe Prices Are Still The SAME
You Get All This:
1. De Luxe Filtered Air Cleaning
2. Minor Rips Sewed 3. Buttons Replaced | 4. “Multiple” Inspection 5. Satisfaction Guaranteed or Money Refunded SUIT or
COAT
CASH & CARRY & CARRY
For Location Location of Nearest Store
Phone WA bash 4521 Yea !
PLAIN
DRESS
Shit Bla That
and
Oldsmobile Series “98” 4-Door Sedon
(White sidewall tires at extra cost when available)
Smart is the word for Oldsmobile’s 1947 styling : : i the
5
long, rakish lines . . . the attractive new colors . . . the over-all impresgion of quality and good taste.
And smart is the way you'll feel . . . once you drive a
new Oldsmobile of your
own. You'll enjoy the admiring
glances that follow you down the street. You'll revel in the comfort and luxury of Oldsmobile’s coil-cushioned ride. And above all, you'll find a new kind of deep. down satisfaction in the Oldsmobile way of driving .::
without shifting gears .
thanks to GM Hydra-Matic Drive.*
proved, fully-automatic d
+ « without pushing a clutch .:; This is the fully. rive . . . the drive that does all
Eg the gear shifting for you, from first through a special economy fourth speed : . . the drive that takes the clutch pedal right out of the car!
See this great new Oldsmobile now on display. Three com. plete lines of cars to choose from . . . every one a General ' Motors value ; ; ; and every one a smart choice for 1947!
SEE YOUR: NEAREST oLDsMOBILE DEALER.
ESSIG MOTORS, ING. 2444 W. (6th Stoel, Indian TOBEY MOTORS, ING. 6704 E. Washington St In
All new ®ldamobiles offer GM Hydra-Matic Drive*—proved, perfected, n now at ite peak!
Fo WE
There are threo fulllines of 1967 Oldsmobiles—General Motors quality cars in every wayl
