The Daily Banner, Greencastle, Putnam County, 29 May 1957 — Page 3

RtE TV-RADIO SERVICE SS» N. ArlinK*on. Ffione 71

TUP DAILY BANNHI WED., MAY ?9, 1957 Page 3 GKKKNEASYLJS. tND.

NOTICE ON VACATION I'roin June fitli until June 24th Uffk'e closed from June 10th to June 24th.

DR. D. J. STEELE

Sheinwold on Bridge Good Technique Preserves Entries By Alfred Sheinwold ‘‘Just a matter of technique,” said the Professor. “The correct play in spades should be quite automatic to every good player.” South dealer Both sides vulnerable NORTH

WEST

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Carload Sale 0? Staley Feed Place your order before June 5th to get special discount. 3 Bainbridge Elevator

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South 2 ♦ - ♦ 6 ♦

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West Pass Pass Pass

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North 2 NT

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East Pass Pass Pass

Opening lea”d—V Q

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West opened the queen of hearts, and the Professor won with the ace. He returned the king of diamonds, and West took

22 E. Washington St.

Phone 1478

Progressive Real Estate Greeneastle

the ace. ~ ^ West continued with the jack of hearts, and East overtook with the king. East then exited safely with a diamond, and the Professor won in dummy with the eight of diamonds. Declarer needed the rest of the tricks and therefore had to hope that East held both black kings The problem was to take tw’o spade finesses and one club finesse without getting out of the dummy. Not an easy task. BOOK PLAY WINS It was easy for the Professor, however, since he knew the “book” play. He led the queen of spades from dummy. East played low, and South played the jack under dummy’s queen! The Professor continued with dummy’s ten of spades. East didn't dare cover with the king, for South would take the ace of spades and get ba-ck to dumm with the nine. When East play'a low spade, dummy’s ten heir the trick. Now declarer could shift to clubs, finessing the queen This finesse worked, and the Professor could safely claim the rest of the tricks. The Professor would lose his game contract if he failed to drop the jack of spades on the first round of that suit. He w r ould then have to win the second spade trick with the jack and he would never get back to dummy for a elub finesse.

daily gresTioN As dealer, you hold: S—A J 8 H A 7 5 D- K Q J 10 9 C— A Q. What do you say? Answer: Bid tw’o no-trump. Hiis opening bid usually showe 22 to 24 points, with balanced listribution and all suits well stopped. You have only 21 points in this case, but the strong 5card suit easily makes up the shortage.

MORTON Sunday visitors of Mrs. Carrie Clodfelter were Mr. and Mrs. Glen Clodfelter of Lafayette, Mr. and Mrs. Dennis Clodfelter near Russellville and Mr. and Mm W. O. Clodfelter of Clinton Falls. Howard Clark of Judson spent Saturday night with his sister. Mrs. O. M. Thomas. Mrs. Daisy Alexander and Mr. and Mrs. ^loyd Yochum were Saturday vening callers. Mr. and Mm. Albert Whiteiead and daughter and Mr. Ranlolph spent the day Friday in Ferre Haute. They also attended open house for the New Market Bible School on Sunday evening.. Michael Lee Martin spent Thursday night and Friday with his grandparents, Mr. and Mrs. Floyd Bales. Miss Lucile Hart, a teacher In the Indianapolis schools, epent the w r eek end at her home in Morton. Mr. and Mrs. Marion Huffman and baby spent the week end with Mr. and Mrs. James Wag-

Who Puts Up This $42,000,000? YOU AND YOUR FELLOW TAXPAYERS DO!

There is no sense, rhyme nor reason, in spending $42,000,000 (forty-two millions of dollars) of yours and other taxpayers’ money to duplicate existing electric service facilities. These set \ ices arc available without asking you and your /el* lu l\. -citizens to put up $^2,000,000Jor something not needed. Think-

ing citizens are demanding less public spending ... meaning lower taxes to be paid by you ... not more sp ending .«. meaning higher taxes to be paid ultimately by you! The story was well covered in the following editorial And cartoon which appeared in The Indianapolis News, May J3i

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The Road to TVA Socialism

1. Unde Sam pays 3V2% interest on money it borrows-— but an aluminum company from another state will be subsidized by government money at 2% ... a loss of many millions of dollars to you and other taxpayers.

2. NOTE: This is not providing farm electrification.

The Hoosier Energy Cooperative, Inc., made up of nine members of t lie Rural Electrification Membership Corp., is launching an invasion into the field of private enterprise that fully merits the bitter criticism it has received from the heads of two Indi-

ana private power companies.

With a "soft-money” 35-year, 2% loan of $42 million from the government, the cooperative is planning to build a huge steam generating plant near Petersburg and n ne-county transmission lines. An alumiribm comoany will be built nearby by a private firm which also will invest

in the co-op generating plant.

Here is a case of the original concept of government aid in lighting farmers’ homes jumping

the fence.

Hoosier Energy is going into the business of selling electricity

Through the years the real—though hidden—losses of TVA have been underwritten by all the people of the United States while one region has reaped the benefits of this subsidiza-

tion.

Electric co-ops pay little or no fed- < eral income taxes, R. A. Gallagher, president of the Public Service Co. of Indiana, pointed out in protesting the

Hoosier Energy deal.

But private utilities are heavily taxed. Thus, in effect, taxpayers will be underwriting the Hoosier Energy project, too. There is no evidence anywhere that private utilities cannot meet the industrial electricity de-

mands in Indiana.

A. D. Brown, Evansville, president of the Southern Gas and Electric Co., called the cooperative power plant scheme “Socialism creeping in with-

to industrial customers. This was out knowledge of voters or tax-

unthought of back when the Rural Electrification Administration^

3. Electric Co-opt poy no Federal Income Taxet—buf YOU do . .. and WE do!

• • : 4. It’t frue—the electric companiet of Indiana have done and are doing the job AMPLY.

payers.

was conceived.

But it is an old stritV fh government intervention. The Tennessee Valley Authority was first offered as a flood control and navigation project. With the construction of dams, TVA did “what comes naturally” and w’ent into the hydroelectric power business. But it hasn’t stopped there. Now TVA is up to its cars in the business of running steam generating plants. Money for more steam facilities is in

the current budget.

Return on His Money

At best the project is something

on the road to Socialism, particularly when one recalls the distortion of the original aims of TVA.

How long before another REMC

group in Indiana arranges to get another government '’softmoney” loan to build another big

cooperative power plant?

It is something to disturb many > friends of the original REA idea. It is another instance of the government pushing back Socialism with one hand \ and pulling it forward with the other.

V kX- -sT «mt* ' X,;x -

5. True friend* df REA can’t favor thi* socialistic plan at using taxpayer** money to give one industry advantage over other*—at the taxpayers* expense! . .• i-

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This cartoon accompanied th« editorial above.

FEDERAL INCOME TAXES PAID [N CASH BY THE ELECTRIC COMPANIES OF INDIANA DURING THE YEARS 1955 and 1956 AMOUNTED TO $4t3f799— S^cctiic (/ooft era toted (REMC’s) da Katftau any "federal ^ttcatKC '7a, zed

anas

Indiana & Michigan Electric Company Indianapolis Power & Light Company

OF INDIANA

Mooresville Public Service Company, Inc. Public Service Company of Indiana, Inc. Northern Indiana Public Service Company ** Southern Indiana Gas & Electric Company

Penney’s

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FRIDAY AND SATURDAY WHILE THEY LAST

net and sons and Mr. and Mrs. Rex Call and daughter. They all visited Mrs. Call's sister, Mrs. A red Scott and family on Sunday afternoon. Mr. and Mrs. Ulaud Burk were Sunday afternoon visitors of Mr. and Mrs. Russell O’Haver. Mrs. Clair Albin received word that her sister, Mrs. George R. Frank and son Teddy, of Tucson, Ariz., arrived at the home of her parents, Mr. and Mrs. Glen Clark on Saturday and will make an extended visit with relatives. Mr. and Mrs. Rex Call were at the Culver hospital on Sunday evening to visit Mrs. Max Call and baby son. The baby arrived on Friday evening. Mr. and Mrs. Floyd Yochum and Mrs. D. P. Alexander attended Memorial services at the Russellville cemetery on Sunday. Mrs. Harold Emmons spent last week with her parents, Mr. and Mrs. Carroll Connerly. Mr. and Mrs. Eugene Clark of Fillmore were Sunday evening

visitors of Mr. and Mrs. Clair Albin. Mrs. Elmer Clodfelter ifc visiting her sons in Indianapolis. Sunday dinner guests of Mr. and Mrs. Fred Thompson were, Mr. and Mrs. Donald Thompson and daughter, Donna Jean, Mr. Barry Stribling of Warner Robins, Ga„ Mr. and Mrs. Bert Wood Bloomington.; Mr. and Mrs. Richard Thompson and son, Jeffery of Lafayette and Albert Thompson of Greeneastle. Afternoon visitors were Mr. and Mrs. A. C. Pclfrey, Judson; Mr. and Mrs. Jerry Baker and children of Bainbridge and Mr. and Mrs. James Hammond and sons of Greeneastle. Norma Jean Thompson wpent Sunday night and Monday with Jane Ann Hess of Bainbridge.

FERN Mr. and Mrs. Joseph Shaughnessy of Clarkshill spent Saturday with Mr. and Mrs. Don Heber

and daughter, Ruth. Mr. and Mrs. John Warren and sons of Bainbridge and Mr. and Mrs. Leroy Hurst and daughter of Greeneastle spent Sunday with Mr. and Mrs. Clay Warren. Mr. and Mrs. Robert Burks and daughters spent Sunday at Stanford visiting friends. Robert Burks took his school bus children for a trip and picnic to McCormick’s Creek Friday the last day of echool. Mrs. Hubert York, Mrs. George Sutherlin and Mrs. Robert Burks chaperoned the children on their outing. They all enjoyed their sack lunch. Drinks were furnished by the bus driver, Robert Biliks of Madison Township. Rev. and Mrs. Eddie Sullivan and son visited Mr. and Mia. Robert Burks and daughters Thursday evening. Sunday afternoon callers at the home of Mr. and Mrs. Ernest Heber were Mr. and Mrs. Lester Hays of Knightsvillc and Mr. and t Mrs. A. P. Stoner.

’The longest pace lap in history will be run by this 1957 Mercury Convertible Cruiser to open the 41st 500-mile race at Indianapolis on Memorial Day. Leading the world's 33 fastest racing cars twice around the two and one-half mile track at speeds topping 100 miles an hour, the Pace Car will be driven by F. C. Keith, general manager of Mercury Division and a Ford Motor Company vice president. Riding beside him will be Anton Hulman, Jr, Speedway president. Like ‘the race drivers, Keith is putting in practice time on the track prior to race day. Sam Hanks, who came in second in the 1956 Memorial Day race and is one of the favorites to win this year when he will be competing in his 12th ‘ 500’’ race, is giving Mr. Keith pointers on how to take the turns at the famous old “Brickyard ’ track.

Smooth Dairy Queen smothered in the fresh-from-the-islands goodness that only pineapple has! Everybody goes for this treat! e I9S7. DAIRY QUEEM NATIONAL DEVELOPMENT C E)lH)Dlf3¥ iyil HOME OF “THE SUNDAE WITH THE CURL ON TOP’ STILESVILLE ROAD