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SIX MEDFORD (OREGON) MAIL TRIBUNE
Wednesday, August 17. 1955
Tax Reduction
Seen Next Year
Washington U.PJ Sen. Wal
lace F. Bennett (R-Utah) said
.Cyesterday that "political pres
3 sure" during the 1956 election
q year will make Congress cut in
dividual income taxes but by
pass corporate tax relief.
Bennett believed the cuts
would be pushed through even
(--,1 the budget is not balanced.
But, he added, "I don't think
we'll be very far off a balanced
budget. We're not going to make
,a deep slash, or a big addition
q to the federal debt."
.7-) Bennett, a member of the Sen
" ate Finance Committee which
Q handles the legislation, said he
favored a percentage tax cut
rather than the Democratic plan
G for a straight S20 cut per in
o, dividual.
But Secretary of the Treasury
p George M. Humphrey has moved
q for one form of corporate tax
cut next year. He asked Chair-
man Jere Cooper (D-Tenn.) of
the taxwriting House Ways &.
Means Committee to lower taxes
( on income earned by American
corporations operating abroad.
The administration previously
had sought unsuccessfully to re
n duce corporate taxes on income
(Earned abroad from 52 per cent
0 to 38 per cent.
A 'FIRST'
Center Harbor, N. H. U.R)
0-Pa Harvard-Yale boat race here
at Lake Winnipesaukee in 1852
is believed to have been the first
intercollegiate sports event in
America.
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t ... ........ As ft' Sr1
rfg jjj . Jj
Queen of the internationally famous Pendleton Round -Up, 19-year-old
Kathryn Wyss, is a real cowgirl. Queen Kathryn has been a
competitor jn many junior rodeos as a rcper and riior nnd has rid
den in many cattle drives in eastern Oregon. Pendleton Round-Up
dates are September 15-16-17.
Grants Pass Employment
Salem (U.P.) Glenn E. Halm,
29, Grants Pass, has been ap
pointed manager of the Grants
Pass employment office to suc
ceed the late H. V. Retherford,
the State Unemployment Com
pensation Commission said to
day. Halm was named an employ-
Office Gets Manager
ment deputy in the Corvallis of
fice in September, 1951, shortly
after he was graduated from
Oregon State College. He was
transferred to the Grants Pass
office in January, 1953, where
he attended high school before
the war.
Coffee Toasters
Warned on Price
San Juan, Puerto Rico (U.P.)
Felix Mejias, director of Puerto
Rico's Economic Stabilization ad
ministration, has warned that
coffee boasters. are acting illegal
ly by ; refusing to sell at the
newly-fixed price.
The administration recently
set the price at 81 cents per
pound, a reduction of 13 cents
from the former price. The cof
fee toasters, supported by the
C o f f e e-Growers Cooperative,
have announced they will not
sell their stocks at the new price.
Mejias warned that his office
is legally entitled to confiscate
the coffee for re-sale at the price
set by the administration. But,
he added, the administration
does not want "to act drastical
ly." He reminded the toasters of
their right to demand reconsid
eration of the order establishing
the new price and noted that no
such petition has yet been made.
All phases of the coffee indus
try in Puerto Rico have joined
in denouncing the cut from 94
cents per pound to 81 cents. They
claimed the reduction would
have harmful effects on the in
dustry, charging the government
had failed to take into considera
tion the fact that Puerto Rican
industry pays "the highest sal
aries. . . as compared with other
coffee growing centers in America."
Rockville, Conn. (U.R) When
Patrolman Edwin Carleton was
sent out to look for a stolen au
tomobile he recognized it and
recovered it in short order. It
was his father's. '
Australia's Hydroelectric Work Done By Four Nations
Svdnev OI.R) Top en
gineers from the United States,
France, Norway, Holland and
other countries keep Australia's
ambitious Snowy Mountains, hy
droelectric scheme well on sched
ule towards its 1985 completion
target.
' With the big business backing
of big international engineer
ing concerns, Australia's vast
project ultimately will provide
3,000,000 kilowatts of power
more than the total capacity of
all generating stations operated
in Australia today. The scheme
will also supply 37.8 per cent
more water for irrigation pur
poses. The Snowy plan, started in
Aigust, 1949, swung into pro
duction when the first trickle
of power was switched on from
the Guthega sub-station at Mun
yang, high up in the Australian
Alps. A Norwegian firm, Sel
mer Engineering, brought a 200
man team to head the task force
which worked round-the-clock
for four years to complete the
dam, pipelines and power sta
tion. One Section Opened
Prime Minister Robert G. Men
zies officially opened the first
power-producing station last
April 23. Menzies inherited the
scheme from his Labor predeces
sor, Joseph B. Chifley, when the
conservative Liberals swung into
power in December, 1949. The
change of government never af
fected the $945,000,000 hydro
electric project on which $112,
000.000 already has been spent.
The Guthega station now
feeds 60,000 kilowatts from two
turbo-generators straight into
the New South Wales grid hook-
'
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its extra pleasure
dds good taste to
good times as
no other beer
can do!
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bicnicsf
1 the popular 4-can pack of
ISm(olriss
LAGER BEER
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up. This output will shortly reach
90,000 kilowatts when a third
turbo-generator is installed.
But so vast is the Snowy un
dertaking that this first achieve
ment is just a drop in the buck
et compared to the ultimate 3,
000,000 kilowatt output which
the Snowy scheme will deliver
from 17 power stations by 1985.
Big engineering corporations
from the United States, Italy,
France and Britain periodically
send their representatives to
look the situation over and sub
mit bids and tenders.
American Combination
Two overseas combine's are
now busy on two major contracts
in the next stages of the plan.
"The first is a joint group of
French contractors, and the sec
ond an American partnership of
four engineering firms. .
The American group, known
as the Kaiser - Walsh - Perini -Raymond
organization, is a tie
up between four big American
civil engineering concerns. It
comprises Kaiser Engineers of
Oakland, Calif., the Walsh Con
struction Co. of Davenport, la.,
Perini and Sons of Framingham,
Mass., and the Raymond Con
crete Pile Co. of Delaware, Mass.
The Americans undertook to
build a $43,000,000 14-mile di
version tunnel. Called the Eu-cumbene-Tumut
tunnel, it will
link up an underground power
station with a huge reservoir
which will completely flood the
township of Adaminaby. The
township's population of 1,200
Two Suspects Held in
Gene Symonds Death
Singapore (U.P.) A Chinese
truck driver and an unemployed
Indian youth have been ordered
held for trial for the murder of
Gene Symonds, United Press
manager for Southeast Asia who
was killed in a riot May 12.
Magistrate Choor Singh or
dered the truck driver, Ong Ah
Too, and the unemployed Indian
youth, Suppiah Waw, held for
trial after a Chinese deaf mute
told how the Indian kicked
Symonds repeatedly as he lay
on the ground.
The two youths originally
were charged with being mem
bers of an unlawful assembly
which caused Symonds' death.
The murder charge was prefer
red against them by Prosecutor
H. B. Livingstone when the
preliminary inquiry opened yesterday.
will be moved lock, stock anyi
barrel to high ground when the
dam fills up to contain eight
times more water than Sydney
harbor.
The American group also gain
ed a second contract for another
smaller tunnel, and a dam which
will run to an additional 5,600,
000 Australian pounds ($12,500,
000). The Americans scored their
first success when their veteran
drillers led Australian workers
to set a new world record for
tunnel drilling. They cut their
24-foot tunnel through 402 feet
in a record six days to beat the
previous world record of 363
feet for a 20-foot tunnel made
by the Walsh construction com
pany in California.
Employed Women
Highest in History
Washington (U.R) More wom
en held jobs last month than
in any other month in the na
tion's history.
A Census Bureau survey
showed today that 20,204,000
women over 14 years of age i
were employed last month. That
was an increase of more than
300,000 over June and almost
1,500,000 above July 1954..
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