Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 3, 1962)
MEDFOHD MAIL TRIBUNE, MEDFOBD. OREGON ssmen Farmers To GhalEc Up Sa WEDNESDAY. OCTOBER 3. 1962 J vings in Tax Cutlill New Jobs, Plant Investment Seen As Outgrowth Washington ITU A do-it-yourself lax cutting kit will Soon bp delivered to Ameri ca n corporations, business proprietors and farmers. They are expected to use it to save themselves between SI billion and $1.3 billion in income tax payments during the next nine months. The savings probably will run at least as high if not higher in future years. President Ken nedy is confident this will help create new jobs and en courage investments in new plant equipment. Principal Feature The tax relief was the prin cipal feature of an administration-backed lax revision bill that Congress approved late Tuesday and sent to the White House. The Senate passed the bill by a 56-22 vote. The House had passed the measure earlier in the day by a voice vote. The final version provided less lax relief for business than Kennedy proposed and fell far short of providing the offsetting new tax revenue he wanted. Congress refused to with hold taxes at the source on dividends' and interest, re. fused to tax stock dividends at the same rate as wages and salaries, and imposed only minor restrictions on tax de ductible business entertain ment that Kennedy wanted i not find it difficult to con- abolished Easy To Qualify Under terms of the final bill, most businessmen will tinue to qualify for tax deduc tions for the expense of tak ing other businessmen and their wives night-clubbing or to sporting events. And al most all restaurant and most hotel entertaining will remain tax-deductible. Businessmen, however, will Political Impact of Meredith's Registration Might Be Great ll'llinn Rv i.Yt.r r. wir.fsnM United Presi International Washington -WPII- President Kennedy is not today the sure bet for re-election to a second term that he appeared to be before the bat tle of Oxford, Miss. The political impact of James H. Mer edith's effort to register at the University o f Mississippi is likely to be very great. First opportunity for angry South erners to obtain revenge on their own Democratic Party will come in next month's Congressional elections, a cut off your nose proposition. More Republicans are seen ing stale and national office this year in the one-time solid South than in any other pre vious election. Republican ronuressional candidates in the South may expect to ben efit and perhaps they will. Power In Congress But cool-minded Southern ers may hesitate before voting out of" office a congressional Democrat, however much they may resent the use of federal force in Mississippi in support of integration of the univer sity. Southern Democrats are orphans within their own party. Their only enforceable claim to influence in national politics is based on their Con gresional committee chair manships. These chairmanships are held by Southerners out of all proportion to the number of Southerners in Congress. That situation is created by the con gressional seniolity system and the Southern custom of put ting their men in office and keeping them there. The chairmanships are a bulwark against the two-party system in the South. If South ern voters began replacing Congressional Democrats with Republicans, years would elapse before the newcomers would be eligible for chair manships under the seniority system. These chairmanships would be relatively secure, however, if Southerners passed the 1962 opportunity to vote revenge and conserved their anger for the 1964 presidential election. It must be assumed that Kennedy will be renominated. FDR deprived the Southern states in 1936 of their veto power over Democratic presi dential nominations. For 100 years before that, Democratic national conventions had re quired a two-thirds majority vote of the delegates to nom inate. The 19H6 Democratic national convention repealed the two-thirds rule. The influ ence of Southern states on Democratic Party policy be gan then to diminish and con tinues to do so. South In 1964 Southern Democrats cnulr1 support the Republirrii iicxct in 1964 to punish t'.ie Kennedy brothers. More likely they will put up their own third party presidential nominee as a Jcffcrsonian Democrat or some such. The objective would be to throw the election to the U.S. House of Repre sentatives. If the regular party tickets split the vote outside the South, no candidate would have a majority of the elec toral college and the House would choose among the top three. Then the South would be in the saddle again. When the House chooses a President, each state has one vole, only. The South might expect to hold a balance of power in such a choice-and to make a satisfactory deal with the win ner. But Southern politicians must cling to their Democratic Party membership to remain eligible for those all-powerful committee chairmanships. 11 imatam -y ' i-i y T 11 1,1 "iJgKjJ I he New MAMMUNU Play Time Guarantee A pledge you'll play in 30 days 4 If rnf n flif W yp NEW PLAYTIME PLAN PUTS A Sfc H r ! HAMMOND ORGAN IN YOUR ZTM ill Vi'1 I NEW PLAYTIME PLAN PUTS A HAMMOND ORGAN IN YOUR HOME FOR 30 DAYS . . . PRO VIDES 6 LESSONS BY AN EX PERT . . . COSTS YOU ONLY $25.00 ... AND HAS A MONEY BACK GUARANTEE. Available at Purucker's I ft nan ', The Hammond Organ It lo simple in design end our Hammond teachers are so skillful, that participating Hammond dealers, all over the country, can confident ly make a "Pledge You'll Play In 30 Days", or your money back. If you don't play to your satisfaction, you get your $25.00 back. But you'll play and enjoy it, we promise you that. And then if you want to keep the Organ, the $25 lesson fee becomes your down payment in full. You just can't lose. See Purucker's, your par ticipating Hammond Organ Dealer, HAMMOND ORGAN Music's Most Glorious Voice The New Sound of Music It YOU at the Hammond id iHAMMONDll ORGAN PLAYTIME GUARANTEE v When you sign up for our Playtime Plan for a 30 day home rental of a Hammond Organ with 6 lessons for $25, we make the following Guarantee: At the end of 30 days and 6 lessons, you will be able to play to your satisfaction, or we will refund your $25 in full. Purucker Music House Your Hammond Organ Dealer FREE RECORD & FOLDER! j "We pledge you'll play in 30 Days" Deicribef in detail the new Hammond Guarantee PUyTime Plan, and introduce! the family of Hammond Orqant. U For your fret copy, juit mail thti coupon to PURUCKER MUSIC HOUSE 111 No. Central, Medford, Oregon NAME .. J ADDRESS J CITY - STATE J !.? MUSIC1 HOUSE 111 North Central Phone 773-7538 have more trouble claiming tax deductions for such ex penses as buying and main taining yachts and hunting lodges. The legislation did embody the principle of Kennedy's novel spend-and-spend-and-cul-your-taxes plan for spur ring business activity. Under its terms tax cuts ranging as high as S7 would be parceled out to business firms and self employed persons for every $100 spent on income-producing equipment and tools. Buildings Excluded Applying to almost all busi ness property except build ings, the relief would be Two Projects Start At Medford Airport Two projects recently ap proved for the Medford muni cipal airport by the Federal Aviation agency in Washing ton, D. C, started this week, according to city officials. Work started this morning on the $28,455.60 apron ex tension project by Tru-Mix Concrete company with the removal of a fence. Tuesday afternoon Trowbridge and Flynn started sawing concrete pavement on the old apron for the Installation of an underground duct between the airport control tower and the wind toe. A new wind tee will be installed at a cost of $15,3B5. granted on outlays for rail road tracks, blast furnaces. farm fences, and even a type writer bought by a novelist. Try and Stop Me -By BENNETT CERF- The relief would apply retro-1 last summer by permitting actively lo purchases made faster tax writeoffs for wear since last Dec. 31. and tear on equipment, this Coupled with the relief that will bring business about $2.5 the treasury handed business billion or more in tax relief. 4 BIG CORPORATION discovered that its head account L V ant had been robbing the firm consistently for years. The shortage was in the neighborhood of a million dollars, Eager to avoid scandal, the president told the crook, "All we ask you to do is get lost." "Going to can me, eh?" asked the culprit. "Isn't that rather short-sighted? By now, I have a town house, a place in Florida, a yacht every luxury a man could want. Why hire a new man who'll have to start from scratch?" Erudite critic Walter Kerr likes to pun as much as the next fellow. Ha found on the breakfast table one morning a misaddressed Invitation to a dinner that had been held four nights previous, "Well," he commented, tossing the outdated in vitation over to his wife, Jean, "There's one fete accompli!" There was a big reception held recently in the Princeton Univ ersity Chapel, and a crotchety old lady buttonholed an usher to demand loudly, "Be sure to get me a seat down front, young man. I understand they've always had trouble with the agnostics in this chapel!" e Bill Zeckendorffs definition of a monologue: a conversation, between a real estate promoter and a prospect. 1963, by Bennett Cert, Distributed by King Features Syndicate THE NON-BELLS ARE RINGING E. John Roisi Lowell A. Ivarson INDEPENDENT TELEPHONE COMPANIES Are Busy and More Profitable Than Ever Five Attractive Telephone-Utility Stocks DONALD C. SLOAN & CO. D'Anjou Building 328 South Central Medford, Oregon Telephone 773-8235 DONALD C. SLOAN S CO. Investment Securities 328 So. Central, Medford, Oregon 5 PLEASE MAIL YOUR REPORT ON 5 FIVE ATTRACTIVE TELEPHONE-UTILITY STOCKS Name 5 Street or Box No 5 City Statt MM (tomorrow) SEE THE BOLD BEAUTIFUL CHANGE IN BUICK nn n wi Ml (tomorrow) SEE THE BOLD BEAUTIFUL CHANGE IN BUICK New Butch Wildcat . ..the family she snorts car with t nervous urps lo gel movlngl Dashing front bucket seals. Center console'with lighted tach and stick selector for turbine Drive. New tor 1963: convertible, coupe end hardtop. m (tomorrow) SEE THE BOLD BEAUTIFUL CHANGE IN BUICK 1 : The Bu'ck Electra 225 finest luxury automobile In yffirzl An im press 'v hst of standsnf equipment Adnnced Thrust engineering, famous Turbine Drive, power steering and power brakes, superb reliability. Bold, beautiful Bu'ck LeSabre . . , features Advatlted Thrust engineering, tor greater road stability, flatter floor. Choice of three transmitsone, including optional Turbine Drive. Finned aluminum front brakes (world's as fast). 'Option! tt ttirt cet. m nn m (tomorrow) SEE THE BOLD BEAUTIFUL CHANGE IN BUICK A's.v 1963 taccy madum-ibe Buick Special. Ercfuafva V-8 angina gives you livelier performance tn any compact . . . and uses regular gas, (Them's an economical V 8, too!) Many no-cct extra features. Get value , . , get happy . . . go.Specaf AT YOUR BUICK DEALER'S AT YOUR BUICK DEALER'S SKINNER BUICK -CADILLAC 143 S. Riverside
