ftlGHT MZWORB (OREOOm mail tribukb
Friday, April it. 135
Treasury
ions in Taxes Each Month for Hext
Eyes Six Bill
wee
Administration
May Give Reward
Of Cut Next Year
Br LYLK C. WILSON
United Press Correspondent
Washington U.R) The. Treas
ury hopes to tap the weary
American taxpayer .for nearly
86,000,000.000 every 30 days
during the final months of the
current fiscal year.
If the taxpayer can come up
with it, he may and probably
will be rewarded with a tax re
duction in 1956. What President
Eisenhower is shooting at is a
modest, general tax cut . next
year giving a break to rich and
poor, alike.
Staggering Deficit
The Treasury reported this
week on the first nine months
of the fiscal year to March 31.
As of that date the deficit was a
staggering $5,100,000,000. But
better times seem to be coming.
The Treasury is staiding pat
on its estimate of last January
that the budget will be no more
than $4,500,000,000 in the red
when the fiscal year ends next
June 30. To reduce the deficit
to that figure the Treasury must
take in about $5,630,000,000 in
taxes in each of the three final
months, April, May and June.
That compares with ah aver
age tax take of about $4,680,-
000,000 during each of the pre
ceding nine months. There is not
much doubt that American tax
payers will come up with the
larger figure. It is quite likely
they will make it more.
Income Tax Postponement
The lesser figure is about
what taxpayers poured into the
Treasury in the final three
months of the fiscal year in
1954. The 1955 April-May-June
take could be more on the basis
of:
1. Postponement of individual
income tax payments this year
from March 15 to April 15. That
was the deadline date for pay
ment of 1954 individual income
taxes which had not been paid
already by the withholding
method.
2. Current withholding is from
near-record individual earnings.
During the 1954 April-May-June
withholding period there was a
slump in individual earnings.
3. Corporations will pay on
June 15, 50 per cent of the tax
due on 1954. income. On June
15 last year they paid only 45
per cent.
Modifying the foregoing is the
fact that 1954 was a year of
moderate business recession
which must be reflected in the
April 15 individual tax payments
. CONTROL OF HUGE Montgomery Ward & Co. chain is at stake
as forces of Sewell Avery, board chairman and Louis E. Wolfson
(bottom, with Mrs. Wolfson) assemble In Chicago for annual
stockholders' meeting. Famous picture at top Is of Avery being
ejected bodily by two soldiers from plant office in 1944 when he
refused to turn over company books to government. (Avery photo
copyright by Chicago Times, supplied by International News Photos)
Ave ry Expected To
Retain Management
Of Montgomery Ward
Chicago U.R) Financier
Louis E. Wolfson conceded today
that Chairman Sewell Avery
probably will retain control of
Montgomery Ward & Co.
Wolfson, 43, made the conces
sion to newsmen at the annual
stockholders' meeting, show
down phase of the world's big
gest proxy fight.
"It looks like the present man
agement will retain control,"
Wolfson said.
Fight 'Already Won
Asked whether this meant he
was giving up his fight to wrest
control of the $721,000,000 re
tail chain from Avery, Wolfson
replied:
"We already have won the
fight. We won the defeat of the
stagger system
He referred to an Illinois Su
preme court decision forcing
Montgomery Ward to put up all
nine of its directors for election
instead of only three in any sin
gle year.
and the June 15 collections from
corporations.
The Eisenhower , administra
tion is making steady progress
toward the spending and reve
nue figures at which the Presi
dent believes Treasury books
might level off in the black for
a change. That would be at about
$60,000,000,000 of spending and
revenue annually.
jl Y a little show-off
Va" 'Of-a shoe that".
r K never shows its
jL- price!
1 Lt. Blue "V w
BUSIER MOT
SHOE STORE
15 SOUTH CENTRAL FLUHRER BLDG.
The meeting was called to or
der by Avery, 81, ruler of Mont
gomery Ward since 1931.
Avery was greeted by a stand
ing ovation as he walked onto
the stage of the Medinah Tern
pie. But the crowd did not fill
the auditorium and was much
smaller than anticipated.
Many Seats Empty
Wolfson, who said he was at
tending only as a "spectator and
stockholder" and .would have
nothing to say unless called
upon, posed reluctantly at his
seat, his hands clasped in a vic
tory pose.
Clarence Mohr, a Ward em
ployee in charge of ushering,
estimated the crowd at between
1200 to. 1400. The auditorium
holds 4300 and can accommo
date 3000 more in the basement.
. Some observers regarded the
smaller than expected turnout as
a blow to Wolfson's chances.
Wolfson had hoped that a total
of 500,000-votes might be cast
at the meeting today.
Wolfson, handsome, ''golden
boy" of modern finance, and
Avery, 8 1-y ear-did lord of Wards
since 1931, both put up a slate
of nine directors for election.
Five-Member Control
Election of five members to
the board would mean control.
Avery forces said they were sure
of at least seven seats. Wolfson
claimed he had four director
ships in the bag and the fifth
would come today, either by a
defection in the Avery ranks or
a sudden -switch-over at the
meeting.
Upwards of 4,500 stockholders
were expected, to choose be
tween the slates at the tense,
heated meeting. But their final
decision will probably not . be
known for about three weeks,
when the millions of votes have
been counted and validated.
Talent High Sets
Graduation Rites
Wednesday, May 1
Talent Talent high school
graduation exercises will be held
Wednesday, May 25 at 8 p.m. in
the gymnasium. Susan Barnes
daughter of Mr. and Mrs
Charles Barnes, with a GPA o:
3.85, will be valedictorian. Irene
Johnson, daughter of Mr. and
Mrs. W. M. Johnson, will be sa-
lutatorian, with a GPA of 3.62
The graduation address ' will
be given by Dr. Arthur S. Tay
lor, of Southern Oregon College,
His topic: "Oregon of Today.'
Baccalaureate May 22
Baccalaureate will be held
Sunday, May 22,' in the high
school gym. The Rev. Leroy F,
Neifert, Friends Church, Talent
will give" the invocation and
benediction. The Rev. Alice May
Wooley, Talent Methodist
Church, will deliver the bacca
laureate.
Members of the graduating
class are: Susan Barnes, Sally
Ann Boyd, Doreen Burnette, Va
lerie Jean Carmen, Fern Dixon,
Bernice Lodge, Irene Johnson
Bonnie Leeper, Katherine Long;
Beverly Murray, Marie Ross, Jo
anne Seaver, Shirley Smith,
Myra Phelps.
Donald jCoghill, Leo Hoser,
Jim McAbee, Don Reynolds, Don
Sweet, Dale Walter, Stuart Web
ber, J. Loyd Wood, George
Zickefoose, Jim Wallace, Lyio
Tycksen, William Dailey
George Williams.
Northwest Senators
Propose Price System
Washington (U.R) Four
Democratic senators from the
Northwest yesterday introduced
legislation that would provide
f c q two-Drice system for wheat.
Farmers would get parity
prices for wheat going into the
domestic market for human con
sumption. The balance would be
sold at competitive prices for ex
port or feed and industrial use
domestically.
Sponsors of the bill were
Sens. Wayne Morse (D-Ore.),
Richard L. Neuberger (D-Ore.),
Warren G. Magnuson (D-Wash.)
and Henry M. Jackson (D-Wash.)
FOREST SERVICE LAUDED
Salem (U.R) Seventyrtwo
members of the Oregon Legisla
ture today put their name on a
resolution introduced to congrat
ulate the federal forest service
on its 50th anniversary.
Guidance Film
Viewed by Groups
The film "Children's Emo
tions," brought to the commun
ity by the Southern Oregon
Child Guidance Clinic associa
tion for use in the second week
of the Medford membership
drive, received much discussion
following three showings here
this week.
Miss Mary Vandenberg, psy
chiatric social worker for the
Guidance Clinic, showed - the
film to the Lone Pine school
study group of mothers, and a
study group of parents of re
tarded children. The nurses t
the Jackson County Health De
partment also saw the film with
Miss Dorothy Collard, nursing
supervisor, as their discussion
leader.
One enthusiastic parent said
that they could have done so
much more toward helping their
children emotionally if they had
seen the film when the children
"were babies. The film showed
curiousity, fear, anger, jealousy
and happiness, and how the child
can be helped toward healthy
growth of emotions toward ma
turity. The groups discussed how
other emotions can be channeled
or guided for the child's healthy
personality growth.
Veterans' Official
Visits Jackson County
Roymond E. Pettey, Salem, an
educational officer of the depart
ment of veteran affairs, left yes
terday after being in Medford to
confer with Charles D. Hol
brook, county veterans service
officer. He reviewed state edu
cational benefits for veterans.
Earlier this week R. Howe,
Portland, service officer of the
American Legion, was here to
confer with Holbrook.
BILL HITS COMIC BOOKS .
Salem (U.R) A series of
seven bills which would make it
unlawful to sell or furnish crime
or sex comics to minors was be
fore the Senate for second read
ing today. i
SINGLE FORTUNE
Cambridge, Mass. (U.R) Miss
Bernice D. Moore and Miss Jane
E. McKearnin were left the bulk
of the .$120,000 estate of their
aunt. But they must remain
single to , keep the money.
Taste PL
alone proves y fS:
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margarine k
V naturally lr
Vljetterl f
Tn the dark about which mar
garine ii naturaUybetterf Try
Sunnybank and see how your
taste responds to the 3avor.
All the goodness you've ever
wanted in a spread is yours in
Sunnybank. It's made with
wonderfully wholesome ingre
dients. For your own satisfac
tiontry Sunnybank
today:
at SAFEWAY
HITS ADMINISTRATION Edward J. Corsi (left), ousted State Department refugee ad
viser tells a Senate judiciary subcommittee that the Eisenhower Administration faces a
terrific political liability" unless it improves its handling of the refugee relief program In
center is Louis Marhoefer of the State Department At right is Senator Wilham Langer
(K., In. D.). subcommittee chairman. Between Marhoefer and Langer is State DeDart
Secujity CMef R W. Scott McLeod, with whom Corsi Has been trading verbal
Six-Months-Old Twins Separated In Chicago Surgery
Chicago (U.R) Doctors today
gave the 6-month-old Andrews
Siamese twins an excellent
chance to recover from a dra
matic, unplanned separation of
their joined bodies. ,
The operation on the twins.
joined at the head, at Mercy Hos
pital Thursday, night was the
third Siamese separation here in
28 months. -
Exploration Continued
Msgr. John W. Barrett, direct
or of hospitals for the Catholic
archdiocese of Chicago, said "We
started out with the idea of an
exploratory operation, but thines
went so well we continued until
it was over."
The operation was termed
"100 per cent successful."
Fourteen
ialists participated in the four
hour and 40 minute operation.
if the girls Deborah Marie
and Christine Marv survive
they will be the first head-joined
twins to do so.
The famed Brodi tw?n
Roger Lee anoT Rodney Dee
were also joined at the top of
the skull. But Roger Lee died
34 days after an operation on
Dec. 17, 1952. Rodney Dee, now
3V years old, is thriving.
Three weeks ago, a set of 22-
month-old girls from Thailand
(formerly Siam) were success
fully separated. They were join
ed at the chest.
The blonde, blue-eyed girls
were believed to have a better
chance for survival than the Bro
die twins because of separate cir
culatory systems and brain cov
erings. .
The girls cried when they were
put in separate cribs after the
operation, Barrett said. .
"Barring complications, the
outlook for the children is very
favorable," he said.
The sisters are the children of
Wilfred Andrews, 38, a salesman,
and his 33-year-old wife Norene,
a registered nurse. The Andrews
have another daughter, Patric
ia, 5.
Escape Bears Out
Jail Deterioration
Savannah, Ga. (U.R) Sheriff
Bill Harris today backed up his
claim that the Chatham county
jail has reached a state of "phy
sical deterioration." ...
He said four prisoners used a
fish-skinner, potato peeler, meat
saw and assorted - aprons and
bags from the jail kitchen to cut
through a heavy screen : and
steel bars and lower themselves
25 feet to freedom. -
MADE-TO-MEASURE
ATI0RAUfwm!III$EI
11 10 Milt Plltfl .
Chris
the Tailor
128 E. Main - Phon 2-847J
'Dead Une for Sunday Classified Is
at noon Saturday
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LIMIT OF
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o
Please Bring Your Own
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APRIL 23
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MEDFORD, OREGON