Indianapolis Times, Indianapolis, Marion County, 9 January 1950 — Page 2
© ost $264 billion on Tune 30,1051]
Budget Proposes | ~~ U.S Go $5 Billion =v
Deeper in the Red |
¥ (Continued ¥. + Page One) | budgetary balance in the next!’ few yoRra" mrp The President said his special’ tax message would make a start toward basic changes in. the tax: structure. These are. necessary, he said, to “provide better incen-| “ tives for producing the amounts and types of investment, consumption and savings which will! contribute to an expanding economy.” : | He proposed that federal social’ security d become the na-! 1 tion's basic old age pension plan to be merely supplemented. by private pension plans. He particularly warned against new pensions for veterans or any general increase of benefits for non service connected disabilities, Less for Veterans : "Substantially reduced spending.
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was scheduled next year for vet. ° w ” . o Funeral Tomorrow | continuin Iwith the disloca- Ry le g work on a 2400-foot| He is recovering from his fifth le. . poi pg ag vei =» Yincennes Flood Peril Eases; For Judge Sparks lconcrete flood wall. lattack of meningitis, each of sition 8 uitrered In Chicago on Congress of increased spending! | RUSHVILLE. J 9 (UP) — |, Cagles Mill Reservoir, $2,077,000 different type. {mobile sid off & {a Midwest speakprograms for national oy 28-F } C 3 Pp ai { d : pe “for Will | a OF construction of dam and spill-| Physicians at Children's Hos- 0b! SUC OF 8 ing tour, he said welfare. ‘Bousing. ‘education and’ 00 res reaicre [Sparks retired fudge of ~ the WAY and relocation of 1% miles pital, Philadelphia, where he is 4 that despite Mar- ; ng, “education 43 {Sparks, retired . judge o ® of Ind. 42. confined, sald they know of no MENWAY an |shal Tito's break research. | (Continued From Page One) feet, some 18 feet above flood Seventh U. B. Circuit Court of | Evansville: $600,000 for con- other child ever sufferin as'® tree near Riv- with Russia, Tito N | £ ’ il g ] ext year's cost of internation stage, at Bedford. Appeals, will be held here yi ung work on concrete flood many attacks. They say he may | *Toide, Cal. § is stil a Comal affairs and foreign aid, includ- Edwardsport, 14 feet gov Sood The junction of the east and Tuesday. |wall and earth levee. sullts oar attacks unless o) “I feel fine, but ” | nuniat. King Peter ing the Marshall Plan, was cut'stage. and was passing on dOWN- wegt fork of the White River was Judge Sparks, 77, died Saturday| "7, wrenceburg: $260,000 for ex« way is found to eliminate his|1 SUeSS I won't’ oo opine | 48.8
about $1.3 billion from this year's stream. figure. No funds to aid the Chi-| The crest of the east fork of nese Nationalist government were the White River was hetween requested. Seymour and Bedford this mornThe estimated 1951 deficit is ing and was expected to reach 32 the third largest in peace time, a vr - being exceeded only by the defi- administration estimates that the cits of fiscal 1941 and 1050. Fis- program will cost $6.5 billion in cal 1951 will be the 10th year of its first full year of operation. the past 21 In which the federal | About $4 billion would be obgovernment has overspent its In-ioin04 from payroll taxes which come. The two surplus years were would have to be greatly in2947 and 1948. |ereased. The rest® would come
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Mr. Truman sald 71 per cent lon, Navy, $3.9 billion; Air Force, or $30 billion of the fiscal 1951/54.4 billion. He said these ex: budget would go to pay for past penditures would provide for a wars, including veterans benefits, balanced land, sea and air force. “and to achieve a peaceful world, | However; they will not permit the t item was Navy to begin any pew ship con-
$13.544,811618 Yor natfdnal de: struction. ~
mission got- $816,754.000 for fis- request for universal military] cal 1951 compared with $672,971, [training in last week's annual 274 this year. {message on the State of the Na- © $1 Billion Jump ition. But in his budget message “All expenditures other than today he sald UMT was necessary those for International, nationallif the nation was to have suf‘defense and veterans programs ficient men in the reserve forces and interest on the debt” Mr. on a continuing basis. Truman said, “total $12.5 billion,, The President has no hope of 22 ha cent of the total getting UMT and did not include ; t Is an increase of any budget item to cover its cost. about $1 billion over this year. " Not Much Chance ? . Truman said he would need, Neither is there much chance | million in fiscal 1951 that Mr. Truman will get all or begin setting up administra much of the general revenue tax tive machinery for medical in-|/increase he will propose shortly, surance. But the federal security Many of his own Congressional
” leaders oppose him .on that.
ers taxes shou
He is not expected to press it, | Individual Income taxpayers
with the purchase of an continue In the fiscal 1951 budget) ALEXANDER SMITH to bear by far the largest burden ~-more than half the govern-
rug or corpet 0 ment's entire annual revenue. | HOME DECORATING PLAN | They are expected to pay nearly! {$20 billion in the next fiscal year, worked out just for you by |a bit more than this year because
the administration does not fore-
CLARA DUDLEY ‘ {see another recession.
Corporation taxes in fiscal 1951 your color-scheme comsuitont are to raise $10,518,000.000. The
o Alexander Smith . next largest item is sales or exSHOP AT YOUR LEISURE cise taxes at $7.642,000,000, which
2% sie vc " reba 5x oi Probably will be reduced-by agrees: i “RAINIER FURNITURE (0 ment. between the White House ; : * land Congress. Little other agree- ard Rauscher.
pe an COLLEGE AVE. ¥ HU. 1376 ment on taxes is foreseen at this . PARKING
. IN REAR. - Session of Congress. +
Mill-Method BLANKET LAUNDERING
We guarantee NO SHRINKAGE
of worn-out BINDINGS,
Mbth-proofing. — : n Cleansing of ELECTRIC Blankets, We take | responsibility for Electric Blankets.
Progr
i St Rr PAIN national. deiense
" or roughtythis-way:~ Army" §4 bi fense. The Atomic Energy Com-| Mr. Truman did not renew his terested in bringing about na-|
| people are in danger of freezing
Chairman Walter J Geanges $D/iimothns if they wanted $0 confer Ga.), of the Senate Finance Com with him they could come to his
mittee, to! a ~ be reduced all around, not raised. 4 Mr. Truman also is stymied at| this session on medical insurance.’
~ Ta ¥ Blankets [IC
the Soft Weter) LAUNDRY
ie ATE iy + uf
Hardworking volunteers in Vincennes halt briefly for coffee served by the Salvation Army dur. propriation requested in the budget, To JOHNNY CAVALIERI, 3, about it ing the fight to hold the levee. More than 4000 are already homeless in the Midwest. included: lof Philadelphia, spinal meningitis!
over flood stage at Petersburg gh) several hours after he sufand the main White River and fered a stroke while sweeping . . ncrete flood wall the lower Wabash River were re- maw from : Nas his home. rted cresting some 10 feet above oF years as a pues Sresting {state and federal circuit judge, Pretion Of flood wall project. he retired Jan. 1, 1949,
United Press reported “thou-
nois and Missouri flood areas. |“2BO.
At Clay City, Ind. today Gil-[sentat
bert Buel, 30, was feared drowried.
y am %%=% Commission, Hr
before
io . from the Appeals bench at Chi-| sands” homeless in Indiana, Illi He was a State Repre-| TURIN, Italy, Jan. 9 (UP) ernment “inevitably” will recog-| a = riage. The baby had been expect-
ve from Rush County for Two skiers were killed and five nize the Chinese Communist rei DONALD D. FOSTER, 50, of ed in late spring. two terms before . being elected | injured yesterday when a ski lift,gime. In San Francisco for med- San Francisco, turned his back on . Mrs. Haymes is the mother of
MYRNA LOY, the screen's “perfect wife,” said a; Stice{ Produce GENE MARKEY F have separated. He was her third hus-| Loy, 44, said the 54 producer was in Europe. “He ang that I might just as w make the announcement.” she sald.| pe and his wife sold the ‘hobby
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trol of Chinese territory, then d be acceptance from the Chinese Mexico, today to charge her husple and finally, they must main-pand, ELLIOTT . ROOSEVELT, tain order according to interna-. ...» mental cruelty in a suit for tional law, Mf Emerson and Mr. { eon this hasis, ro sant help Sart married in 1945, sepabut Tecop mize them,” he . rated last August 3 ” » 3 "= A property settlement on unrePain from a dislocated shoulder vealed terms has beh sade, Miss is bad but canceling a golf game Emerson's sid - " with BING CROSBY is real dis-| ! i A tress a | Ex-King PETER of Yugoslavii Eo . 7, says he would return at on Myrna Loy © Gene Markey | That's how Comedian BOB Sa¥0 U0 WO « = = (HOPE feels " 'TITO should be - : removed in a SA democratic procless by my peo-
‘rey, chief engineer, Indiana Control and Water Resources
f
Remainder of the Indiafia ap-|
Bob was hos-
TTT! New Albany, $2.5 million for|ls about as common as a cold. pitalized today
be able to play | MRS. NORA EDDINGTON in Bing’'s golf tournament at Peb-! = FUL attack when he was 16 months » HAYMES, wife of crooner DICK Cannelton; $149,500 for com- oq. ble Beach next week,” he la-|.,, oypg and former mate of
tension of 18,000-foot earth levee susceptibility. He had his first)
mented. He was returning home, nT Ts y ‘after practicing golf in Palm 2¢'oF ERROL FL vas > President ELPIDIO QUIRINO Springs ported in good condition ay a '| SKI LIFT KILLS TWO {of the Philippines says his gov- prnga. Burbank, Cal, after a miscar-
He was last seen clinging to a to the Rush-Shelby Circuit Court dropped 32 persons from a height ical treatment, he said the ques- worldly possessions and his de- two children born to her and Mr,
life preserver after a boat cap-| sized yesterday. If confirmed, |
Coal Meeting
(Continued From Page One)
tionalization of coal mining, such as prévails in England, that they are willing to see the crisis come. “1 certainly don't see this as a partisan political matter,” Sen, Jenner commented on being told what Mr. Madden had said. “Our.
and that is the. important thing far more important than politics of the merits or demerits involved in John L. Lewis’ collecive bargaining, upon which I pass, no judgment.” When Indianapolis dealers asked Rep. Andrew -Jacobs, Indianapolis Democrat, to attend the meeting, they were told by
office In the old "Holise office building. A member of the House Education and Labor Committee, Mr. Jacobs long ago appealed to the White House to obtain Taft-Hart-ley injunctions on a regional basis in the coal strike. He is for modification, rather than outright repeal, of the Taft-Hartley Law,
Safecrackers Get $3500
EVANSVILLE, Jan. 9 (UP) Police today discovered a $3500 safecracking at a food market on the east side of Evansville, +. They saiq the loot included $500 of auto license money being kept inthe safe for the east side auto p.. license branch managed by Leon-
The safe was opened last night, police said. $ :
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come home fleecy ( as new. ‘
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regard China’
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