Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 14, 1958)
Draymen Seek Rate Increase Salem - (UPD - A petition of Dregon Draymen's and Ware aousemen's association for an ipproximate 10 per cent in :rease in city cartage rates on general goods for all Oregon :ities except Portland and on household goods around cities was heard before the Public Utility commission here Mon day. A request, filed in May by Eugene carriers, was designed lo meet increased labor and other costs besetting the in dustry. Operators in other cities filed later. Earle V. White, Portland, executive secretary of the As sociation presented evidence from several Eugene motor carriers to support the asso ciation's plan for relief. Included among vthe com modity rate changes request ed is a 30-cent hourly increase to $6.50 for truck and driver applying at Salem on canned goods between warehouses and on empty cans between warehouses and plant and cannery. Police Radio Log Tells the Story - Monroe, La.-'IPD-This is the way it appeared on lh police radio log: "9:05 p.m.-Three youths escape the Juvenile Train ing Institute. "9:30 p.mL ate model .auto stolen from in front of a Monroe residence. "9:35 p.m.-Police bulle tin reports car theft. "9:41-State police units in Monroe report apprehen sion of three youth in a stol en car on the outskirts of town." Last of Troops To Quit Lebanon Soon Beirut -OiPD-The last Ameri can soldier will pull out of Lebanon nearly a week before the Oct. 31 deadline set pre viously by the commander of the U. "S. expeditionary force, it was reported today. Informed sources said the last of the transports handling the movement of seaborne troops will sail on Oct. 24, leaving behind a skeletonized "rear guard" which will be flown out of the country the following day. IT LEAVES YOU BREATHLESS! L "ra)i CET ON THE VODKA WAGON WITH s 0 Mm the greatest name in mimoffvoDKA U I tOO trial. Distillri fri frail. Sta. fiirn Sniiniff Fit. (Dir. if Hitiblaii). Hartfjid, Com. T m mi ' SPORTS SEDAN-The 1959 Chevrolet Im- this week. The new models feature mechan pala hardtop sedan, with a wrap-around ical advancements of improved brakes, new . jear window, is among the new Chevrolets, suspension and easier handling according to which will be on display at Courtesy Chev- company officials. Paint is said to retain its rolet, Ninth and Bartlett sts., Medford, later brilliance up to three years. 3rd of Company Income Taxes Said Passed on in Higher Costs It1-, V J By ELMER C. WALZER UPI Financial Editor New York-flJPD-Taxes cost Americans a lot of money, and everyone knows that. What isn't known or rec ognized is how much of a bite the taxes take. The cur rent issue of Look maga zine contains a table which shows how Elmer wiizer much of one's tax dollar is involved in the various government outlays. And, in addition, the table shows the share of federal taxes on corporations added to the regular tax burden of the various classifications. In other words, the taxes are added to the selling prices so that the consumer pays them indirectly to a greater extent than he pays the indi vidual income taxes in many instances, particularly the higher brackets. . "We pay many taxes with out realizing it," says the ar ticle, "and we're unrealistic about much taxation. People Pay Them All "We speak of transportation taxes, for example, as if buses, railroads and airlines had any money except what they get from customers. "We slough off corporation taxes as if corporations mint ed money. "Actually, it's people who pay it all in the end." The article notes that per sonal income taxes plus ex cise and state taxes add up to about two-thirds of the gov ernment's income. The rest comes from corporations. "One-third of these com pany income taxes, by econo mists' estimates, is passed on in higher prices," says Look. "Every time you buy any thing, you pay a share of the tax on the corporation that sells to you. The remainder is assessed against the com panies' owners, the stockhold ers. They don't iget all their profits; the government takes a big share." The article breaks down the big uses of taxes. . Defense takes , the most-$40 billion $230 for every person -in the country. That. works out at about 56 cents of each tax dollar. Big Interest Payments The national debt takes 11 cents of every tax dollar; agriculture, and veterans about seven cents each, and foreign aid, a little less than five cents. The chart shows that a per son with a net income of $5,000 a year pays $491 in federal income tax and $147 in other federal taxes. Deducting these taxes there is left $4,362- This taxpayer also bears a share of $105 of federal taxes on corporations paid in higher prices, and $68 as a share of federal taxes on corporations before receipt of income. This $5,000 earner pays di rectly and indirectly $811 in taxes. The $8,000 earner pays directly or indirectly $1,620; the $12,000 earner pays $3, 522; the $20,000 earner pays $8,420, and the $50,000 earner pays $38,053. If you earn $5000 a year, your share of the national debt works out at $3,020, ac cording to the chart. If you earn $12,000, your share is $13,115 and if you earn $100, 000 a year your share is $367, 064. Among the things the $5,000 earner pays for in taxes are $85.56 interest on the national debt; $38.50 to support farm prices; $42.23 for veterans' benefits and pen sions; 47 cents for subsidizing the airlines; and $1.28 to build public housing. One could conclude from the Look article that while government spending mafces the taxes high, the taxes them selves do the job of inflating the cost of living. An estimated 460 million persons speak the Mandarin language, more than any oth er in the world. Nixon Starts Out On Campaign Tour Chicago-(U?D-Vice President Richard M. Nixon met with Illinois Republicans today to open a six-day campaign tour in behalf of GOP congression al candidates. Nixon said the Republican campaign is picking up and "we have every chance to up set those who predict defeat." The vice president will fly to his home state of California this afternoon to speak at $100 a plate fund-raising din ners in San Francisco and Los Angeles. Nixon is scheduled to de liver a major address at the San Francisco Cow palace to night and will fly to Los An geles Wednesday for another speech. The vice president hit back at "partisan" Democratic crit icism Monday night with a statement of the administra tion's "record of success" in foreign affairs. The statement, in reply to one issued by the Democratic Advisory committee over the week end, was issued on his arrival here Monday night and challenged Democratic congressional candidates to compare the Eisenhower ad ministration's foreign policy with that of former President Harry " S. Truman's secretary of state, Dean Acheson. "In a nutshell,"; Nixon said, "the Acheson foreign policy resulted in war and the Eisenhower-Dulles policy resulted in peace." Birth Recession Reported in Country Washington -UPD- A private population research group says the country is undergo ing a "recession in births" apparently caused by the economic recession. It said the drop in the birth rate would give the country a "badly - needed breathing spell" from, the post war baby boom. Population Reference Bur eau, Inc., reported in its monthly bulletin issued Sun tive U. S. birth rate began a day that the prosperity-sensitive U.S. birth rate began a nine-month decline las); No vember that probably would continue into 1959. It termed this a "healthy trend." Tokyo Has Tallest " Tower in World Tokyo-(UPD-Workmen install ed an 82-foot antenna atop Tokyo's "Television City" tower today, making it the tallest free-standing tower in the world. The 1,092-foot tower stands 108 feet taller than the Eiffel Tower in Paris, nearest com petitor in its class of struc ture. The Tokyo tower rates third among man-made structures, trailing a 1,610-foot supported tower in Roswell, N.M., and the 1,472-foot Empire State Building in New York City. The $7 million Tokyo tower is scheduled to begin trans mitting test patterns for two local television stations next month. Ultimately, it will be used by five stations. Nixon Refuses To Permit Photograph Chicago-(UPD-Vice President Richard M. Nixon, who spent Monday night at the Sheraton Blackstone Hotel's presiden tial suite, refused to permit a news photographer to take his picture while pointing to the door of the suite. The incident occurred while Nixon chatted with newsmen in front of the door, which bears the sign "presidential suite." A photographer asked Nix on to point to the door and the vice president complied. Then, he suddenly . dropped his hand and ducked behind the door. The suite often is occupied by President Eisenhower and the former President Truman when they visit Chicago. MAIL TRIBUNE, MedforJ, Oregon, Tuesday, October 14. IMS - S Vessels Collide; All Escape Injury San Pedro, Calif. -(UPD- All hands escaped injury Monday when the Danish freighter Marit Maersk collided in dense fog with an 84-foot fish ing boat just outside of Pt. Fermin breakwater. The 12 crew members aboard the fishing vessel were taken aboard a Coast Guard ship and the boat was towed into its home berth here. Dam age was reported to be "not too serious," although it ws feared for a time the vessel would sink. The Marit Maersk received only minor damage and pro ceeded under her own power to a berth at nearby Wilming ton. She is on a voyage from Yokohama to New York. TO GET NIKE Washington- (LTD - The Ital ian air force will receive its first American Nike anti-aircraft guided missiles early next year, probably in Janu ary, the Defense department has announced. ' . . HERTZ TRUCK RENTAL Available at HOPKINS RICHFIELD SERVICE McAndrews at Court SP 3-9068 NOW... ' v At LYNNE'S Candy Cottage FRESH... DELICIOUS... VOLCANO STARTS FIRES Kapala, Uganda-(UPD-A vol cano in the Belgian Congo near the Uganda border has set thousands of acres of equa torial jungle on fire, it was reported today. . . Guaranteed to restore Firm Fit and Suction to loose Dental Plates or no cost! PERMANENT WASH ABLE. SANITARY PLASTIC LINER One application lasts many months Brofessional quality can not harm plates. SERS PRAISE IT! RHEAL Dental Plate LINER complete Kit for both uppers and lowers. NOW only .. . 2.6 Central Rexall Drug We Give S&H Green Stamps MAIN & CENTRAL J ftom JOHNSON'S BAKERY We are now happy to be able to offer you "home-baked" delicacies fresh daily from Johnson's Bakery! There's no need to tell you about the old fashioned, mclt-in-your-mouth goodness that's in every morsel. Drop in anytime from 9 to 6:00 daily and see our selection. BREAD ROLLS PIES CAKES COOKIES DOUGHNUTS ; COFFEE CAKE OTHER PASTRIES Lynne's Candy Cottage MARGARET BURNHAM ' Fine Candies Corner Front & 6th St. PHONE SP 2-2475 ir?Sfw mlTy&h V IP Aft 24 FAMOUS Salesman's Popular BRAND Samples Styles Here's the chance you've been waiting for ... to replenish your sweater wardrobe at WAY BELOW COST Over 1,000 Salesman's Sample Sweaters in every style and color imaginable. Terrific range of sizes, too! Be here early for best selection! ffi 50 in Wool and Fur Blends 50 in Orlons O Terrific Range of SIZES For Everyone O Colors . . . Every Color you could ever want O All Popular Styles . . . Bulky Knits, Slipovers, Beaded Fancy, Basie, Casuals, etc. r ft i Hi m RETAIL PRICE! Stock Up NOW . . . at way below cost T If Your CREDIT Is Good - It's GOOD at PICK'S REG. NOW SAVE $ J95 $ 486 $ 309 395 593 302 995 86 309 1095 783 312 I295 877 418 I495 983 512 1695 1077 618 1895 ll93 702 BUY NOW! 1 112 EAST MAIN STREET - Next Door To Robinson Bros. - PLENTY OF FREE PARKING m
