Indianapolis Times, Indianapolis, Marion County, 4 December 1947 — Page 28
L . .e Aon eM y # . : oo bi < ney » To v v « - 3 , Bh - @ ot » ‘
iz Aa 19 Y ER a . i i E 7 4 i $3 : : : V ¥ + Toni . 7 fy : ’ % a . ; . 4 > . § i i Se drm - ; . a & SS : Cea ¥ ‘ . : : ? ¥ z ns Te ; ia ; S » > y “ . .-L : p » @ a 5 {.« PAGE ZS THE INDIANAPOLIS TIMES THURSDAY, DEC. 4, 1947, ° THURS My Day— . Si er a ie oe Ha : RL Bridge The Railroads s AN Watc R 3 : Ed vt . i » A d > : * : ” he : By WILI Are Carefully : > Tey BR ru ines I A : : ” . \ AT SUIT ‘ : : . « proportion Regulated won by ac By ELEANOR ROOSEVELT . : : ; jks OI GENEVA, Switverland, Dec. 4— RA E i declarer a} Perhaps one. of the most interesting y Y 4 Cr subjects to be considered in..dis- > oa cussing the question of mnationaliz-| . i : . : nly ing American railroads is how they . : s ar are now regulated and how their . hi you Bi taxes are distributed. & ¢ . spades "yo They operate under both federal npg and state regulations, and they are : ; : at a also affected by city ordinances . ’ ¢ ear The first regulatory Interstate Com- an a at merce Act was passed in 1887. Its Your small purpose was to prevent discrimi. { ' : " nation, Wasson’s Holiday Store Hours CONSE Laws ‘and regulations are now | : : . concerned with freight and passen- 9:00 A. M. "til 5:25 P. M. ‘ + x » COMBIN . ing Jeo er rates, the publication of tariffs : : Be a thereto, hours of service, Monday through Saturday A 1 TIONS i Jie oppo safety standards, minimum wages, accounting, working conditions of i Against employees, and so on, contract or No stocks and bonds can be issued, had electe no railroad can acquire other rail- Spates In Solds, Div tell ines Seniel le Christmas gift that enriches the family filled his abandoned without the authority of aw the Interstate Commerce Commis- ® - ' sion. Railroads are still regulated life! 9 All with the famous G. E. to knock © as a monopoly even though they ¢ thereby : now compete with many other types| Performance, for beautiful listening! ip do of transportation | as he n ” » RAILROAD taxes may be divided Jan os! into three general groups ee 1. Federal normal income, surtax | i and excess profit taxes. { Seating & 2. Taxes for pensions, social se- Sl three curity, etc. winners, 3. State and local taxes on phys- Had Son {cal property, franchise taxes, ex- rack Tati cise, license and miscellaneous taxes, ths carves as well as state income. taxes, Rave been
The annual tax bill of the railroads depends upon earnings. The taxes of class I railroads prior to World War 1I varied from $237, 000,000 to $396,000,000 a year. Naturally, during the war their taxes soared, but even in 1946 they were
The Wasson Budget Plan of Con-
Two ToF | InN
venience is available for the pur-
only a little short of $500,000,000 . chase of these radios. Enjoy them . In many counties, railroads are the largest taxpayers. In 1946, class 1 x The past rallroads- paid $213 in taxes for while you pay for them! the invocati every $1 paid in dividends: . the ushers There is a trend towards con- : the “Messi solidation of railroads just as there . 4 day. The o is in every other business in our : by the Irv country, but it goes on under care- at 3 p. m. | ful regulation, Methodist ¢ “© nu ~ J. Russell IT 18 casy to see that it is com- Irvington ( petition which is the incentive for Mrs. Paxtc improvement of all private enter- group on t prise. If the railroads were owned} . 4 : The Rev by the government, this incentive G. E. 251TW Portable Radio {,~ give the | would disappear. And operation pa: J Rumpler w Bidey Mie SOVErDEnt would be 6-Tube Standard broadcast AC-DC and Rev. R. P. und’ to have some political taint Matthew's The main reason why I have battery portable! Features the airplane pronounce chosen to look into railroads is be- . : =e The ushe cause obviously nationalization in dial (of unusual readability)! Beam-A- : Charles Va this fleld would be the entering . is ¥; oe > liam Pearc wedge to widespread nationalization Scope, for greater sensitivity, clearer re- os. Harry A, of industry. The government would : . ) { : 20% Te kely ‘tor persis cohen ception, Covered with handsome tweed Harry A. F 4 he » Sed : ; : FP, Philip ] from other forms of transport, and airplane cloth In a twill weave. Arthur Ho would therefore be prone to nation- Mrs. Pau alize not only transportation but » some of the essential elemonis 418.95 of jue geo which enter into the functioning of : Ran n 1
transportation Our country is very large, and
we still have conditions which make G E (Console Model) Miss V
Is Mar
it seem probahle that, under private . ownership, the railroads can be
»~ better and more cheaply run and 202 Radio Mr. and ..can furnish the government—{feder- * are at hom al, state ahd local—with a substan- ) . en ey were tial amount in revenue. In a later 6-Band FM-AM Automatic Radio The bride column, however, I shall cover the ) . ST Lee, is th arguments ‘in favor of nationaliza- I honograph. A new wor 1d of en- Mrs. Emme Hom, as presented by = labor leeds tertainment! Cabinet of Hondu- Ave, and re - : " son of Mr Bake Squash, Sausage ran mahogany—performance that Gallagher, For Fall Treat | embodies G.E. Guillotine tuner. Gloves Here's a co-ordinated meal for| Built-in Beam-A-Scope Antenna If your n fall: Bake halves of acorn squash, "A! : them on, fi SUL side doer, an 4 baking sheet oF and FM! Automatic record changer And for na shallow pan hile the squash is ‘ » rubber 1 baking, cook and brown balls of plays 12 ten-inch records, or 10 ae
bulk sausage When the squash Is almost tender, turn right side up and add sausage
balls—the sausage adds deliclous|
flavor to the squash. Then brown! . : 249 >0 1 { . the slices of julcy red apples in| od the sausage drippings—ever so light: vy ly, so-they are not soggy, but still
crisp.
twelve-inch records. Cabinet size is 343,” high, 337%” wide; 181/,” deep.
/
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. District Freight and Ey Passenger Agent, price.
HH AA Pf BE 3 3585 = 19.95 Bean - 329.00 BUCK 1S1AND LINES gl Gh at Wasson’s Appliances Monument Store Telephone Riley 411 1 i
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