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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (April 30, 1963)
Net Receipts Income Tax Proposal Runs Into Opposition Senate Taxation Committee Hears Loud Objections Salem - JTC - Vigorous op position to the House-approved modlfled net receipts -fradu-a ted income tax propoaal was expressed Monday before tin Senate Taxation committe. The opposition came Irom the Portland Chamber of Com ber of Commerce, Anociated Oregon Industries, the AFL- CIO, Oregon m nesearcn and a private tax attorney. After almost two hours of opposition testimony, Sen. Walter Pearson (D-Portlaud) commented: "Maybe we should invite Mr. Eymann to testify." Main Opposition Rep. Richard Eymann (D Marcola) is chairman of the House Tax committee which drafted the proposal to raise an additional 133 million a hlennium. Main opposition was to the net receipts feature, and the elimination of the federal in come tax deduction. While the Senate commit tee made no comment, it seem' ed likely the Senate would strip the net receipts feature, restore deductions tor reaerai income taxes, adjust the rates, and then send it to the floor. If the Senate were to pass such a bill, It would then have to go to a conference commit tee. Rate Too High' Rlchai a Brown and Robert Hall of the Portland Chamber of Commerce argued the House bill's rate structure was too high, and said a proposed $22 tax credit could not ex pand the tax base. Hall said the major share of the state's income taxes now were paid by 2S per cent of the taxpayers, and that the House measure would In crease their tax burden. "You can't expect 25 per cent of the families to edu cate everyone else's children," he said. The chamber proposes Z'i per cent net receipts tax, with expanded capital gain relief and reduced property taxes. Opposed by Labor Tom Scanlon, AFL - CIO said organized labor opposed the House bill primarily be cause of the "grass Income tax," his term far the net re ceipts proposal. He said labor favored eliminating the fed eral deduction. Scanlon commented that eliminating the federal deduc tion would raise ISO million a blennium. Portland Tax Attorney Dav id Patullo said high bracket taxpayers were leaving Ore gon because of the tax struc ture. He said eliminating the federal deduction would send more high bracket taxpayers out of state. Gilts French Sefs Shtrman County Paper Moro, Ore. - am - The Sher man County Journal, a week ly newspaper here, has been sold by Giles French to Dan iel BarUett. French, a former state rep resentative, was owner and publisher of the peper since 1831. BarUett is the former owner and publisher of the weekly Hermiiton Herald. He sold It several years ago. Will TRADE! Kismet Fills Heme tar Heme la th MeeKers Ares PHONI TU 2.402 )M ALVA ST. KLAMATH FALLS by the ill JCF Heme Offke-2 Regional Edition MEDFORDtaWTRIBUNE MEDfORD, OREGON, TUESDAY. APRIL 30. 19t3 Foreign Briefs NEGOTIATORS HOPE FOR NEW SOVIET INSTRUCTIONS Oeaeva-iWH - Western disaremament negotiators were hopeful today that a May Day recess would result in new instructions for the Soviet delegetlon on the recent Anglo American nuclear initiative. The 17-nsiion disarmament conierence recessed Monday until Friday to allow the five Communist delegations to re turn home for traditional May Day celebrations starting Wednesday. TURKISH OFFICERS DETAINED IN REVOLT PLOT Ankara, Tutkey-dini-Dsiense Minister Ilhami Senear told Parliament Monday night that 12 officers had been deteined ia connection with the alleged distribution of e leaflet in citing the armed forces to revolt. The names were not disclosed but Senear said there were five from the nevy and seven AUSTRIANS PUSHED TO SPEED DESTALINIZATION Vienna-Wro-Informed Csech sources here ssid today So viet First Deputy Premier Anastas Mlkoyan mads a secret visit to Prague last month to speed up e drive to abolish the remnants of Stalinism. Communist affairs experts nouncs full or partial "rehabilitation" of victims of Stalinist terror ia iae next few dare. HALT OF RACIALISM IN Bulawayo, Southern Rhodesla-OIPr-Federal Rhodesian Pre mier Mr Roy Welensky ssid of racialism Is halted In Africa Into war. BOMB FOUND IN BUENOS Buenos Airss-trD-A homsmsde bomb plented at the en trance of the La Pas synagogue by police experts and detonated harmlessly on the outskirts of the dry. Police said terrorists hid about aa inch la diameter end neer the door of the Jewish Stocks Irregular; Chemicals Ease As Oils Decline New York-flJW-Stocks were Irregular today. Steels and autos were mix ed. Chemicals eased slightly with Eastman Kodak continu ing to react to sharply lower earnings. Oils were mostly lower, while rails held ni around Monday's levels. South Puerto Rico Sugar rose more than 1, reflecting sharply higher world sugar prices. Quit Oil was e late opener rising a small fraction Virginia Electric Power picked up more than a point in a mixed utilities section while Philip Morris shed around 1 in the tobaccos. Foster Wheeler, Merck, Schlumberger and Southern Indiana Gas were among the point-sized losers. DOW JONES AVERAGES New Yerk-dlPV-Dow Jones final stock averages) 30 in dustrials 71S.U, off 2.05: 20 railroads 103.24. un changed! IS utilities 138.80. up 0.02, and OS stocks 253.11. off 0.40. Sales Mon day war about 3.98 million share- compared with 4.49 million shares Friday. Mondiy'i prim on stock! : Allied Chimlcal Alum Co Am American Air Linss American Can American Molora A T S) T American Tobacco Anaconda Copper Armco American Standard Hendlx Corn Bethlehem Steel Boeing Air Brunswick CatarptUar Corp Chrysler Corp Coca Cola CBS Columbia Qai Continental Can Crown Zellerbach Crucible Steel Curllss Wrlaht Dow Chemical Du Pont selected SO .... os. jljl 4.4'j I0S1 I35, M .... 54 . 15-. . . . 53s 31 37 .... 13'. ST', 104 1)3', . 33's . Jtl, . 13'. . . S', ao', . ... 10', 63 347'i HURRY! 10th-earn from Jackson Savings E. Main, Mtdford Page 2A from the army. believe the Csechs may an AFRICA URGED todey that unless the progress the continent will be plunged AIRES SYNAGOGUE here was discovered Mondey wedged a dynamiie-loadid pipe. four inches long, into a crack temple. Eastman Kodak Firestone Ford Ixd) General Electric General Food Genera Motors General Portland Cement ... Georgia Paelflc Greyhound Gulf Oil Honicatake Idaho Powr.- I.B.M Inl Paper Johm Manvllle Kennecott Copper Lockheed Aircraft Martin Merck Montana Pawer Montsomery Ward Nafl Biscuit New York Central Northern Natural Gas Northern Pacific Pac Gas Elec Penney J. C Penn Rn Pirma Cement Phillip Procter & Gamble Radio Corporation Richfield Oil Safeway Santa re .117 . 3S'i . 4. . 1U .. SO .. 7i ....23'. .. 40l . 0',, . 46 Is .. 46 .468', . 31 . .. 49V, .. 77. . 381s 1J, my-t 31', .. :m .. 4ST. isu . Si's . 461. 331. . 41)1. . 15'.. . 151. . 84 . 70S . 04', . 431, . 96, 381. . S3'. 42', . 68', . 33', . 331, . 131. . 68 J1i 07', : lV . 69', isn 191, 28'. 311. 14V, . 46', lint. 38'. 40 1, 39 36', . 46, 49'. 38", .38'. 36 Sears Shell OH Socony Mohll OH Southern Co Southern Pacific Sperry Rand Standard California Standard Indiana Standard N. J BtOBMly pii Camo Sun Mines Texas Co Texas Gutf Sulfur Texas Pacific Land Trust .... Thlokol Trans Anient.. Trans World Air Tri-Contlnental union Carbide Union Pacific ... United Aircraft United Air Lines U. S. Plywood U. S. Rubber U S. Steel United Utilities ...... West Bank Corp Westlnghouse Subscribers TO rr rvoft l mil row r rr fion delivery of the Mail Tribune in Med ford, phone 773-MH1; Ah tand rail at 416 Bridge at-, or Dhnrtsi til'-jiiM Yratka nhsinas Victory 2-2808 before e':U p.m. I aauy ana io-.30 am. Sunday. If regular delivery arrives shortly after ou call please notify nfttre, thus eliminating petal mtaaenger service. HURRY! County Federal VW I and Loan Assn. I Ashland eh-337 M&mm i Jaw XjfSw Fil "ft sftglEd.ltav1 Tjbk zv2 LsbW Lsl mr leasaaSBSFSirBfl mm aTasa Lssr mmW I gatssV asm Lssa asfl BBSs awsC 1 I V N ' ! AWARDS PRESENTED The 1983 "Great Living Ameri can" awards of the United States Chamber of Commerce for unique and creative contributions to human progress and the American way of life were presented at a leader ship recognition dinner in Washington Monday night. From Italian Communist Leader Predicts Downfall of Fanfani's Government Rome - HOT - The powerful Communist party polled one out of every four votes in Italy's crucial national elec tions and today served notice that this country should chart a "new political course." Communist party leader Palmiro Togliatti, in a post election statement, indicated that the Reds would pull the political rug out from under Christian Democratic Premier Amintore Fanfani and h i s center-left government. New High tor Reds The Communists have re corded a gain in every Italian election, and the 25.7 per cent they picked up in the latest parliamentary voting ounnay and Monday carried them to a new high. Togliatti promptly used the gain as a lever to hint that five years of political Insta bility possibly lie ahead for Ihe country, because even though the Christian Demo crats emerged as the largest tingle pnrly their total was not enough to permit them to govern alone. The Red boss hinted that his party's victory should bring the Socialists back to the Communist fold. The So cialists headed by Petro Nennl have been supporting Fan fani's coalition reRtme. Could Make Decisions Togliatti hinted (hat Ihe Communists and Socialists, who between them carry nearly 40 per cent of the votes In Parliament, could decide what road this country should LOANS APPROVED Washlnglon-WPl The Small Business administration has announced approval of loans to four firms in Oregon, the office of Rep. Robert Duncan (D-Ore.) said today. The loans include: Sarchct Music and Hobby shop. Albany. $15,000; Moke Craft, inc., Albanv, $85,000; M. A Ward Corp., Eugene. $120,000 and Wool bright Logging Co . Eugene. $17,000. the 1st follow in the next five years. "It seems to me certain that a new political course has been opened in Italy," Togli atti said, "in which the Initia tive of our party and of left wing democratic forces if united could have a decisive part." His statement added that "our party has obtained a great victory." Togliatti's words carried the threat of political instability for this NATO member na tion. If the Communists and Socialists team up. at tho" rt:'l In the "People's Front" in 1948, they could cause endless trouble in parliament. Christian Democrats Down With five-sixths of the vote counted, the Christian Demo crats polled 37.2 per cent of the vote, down from their 1958 figure of 42.4 per cent. At this noint, the Socialists also were running behind their 1058 figures. They polled 13.8 per cent of the vote this time, compared wlh 14.2 per cent in 1958. The Neo-Fascists went up to 5.8 per cent from 4.8 per cent, Social Democrats 6 per cent from 4.5 per cent. Liberals 6.9 per cent from 3.5 per cent, while the Monarchists drop ped to 1.8 per cent from 4.8 per cent five years ago. The Republicans polled the same 1.4 per cent they did in the last elections, while all others fell from a total of 1.7 per cent five years ago to 1.4 per cent at present. Most Votes Counted With only three of the coun try's 80.472 precincts still to be heard from, the final re sults of the popular vote for the Senate appeared to be: Christian Democrat and Re publicans 133 seats against 123 in 1958: Communists 85 seats, up from 82; Nenni So cialists 44. formerly 35: and Liberals jumping to 19 from 4. Remaining scats were split among smaller parties. Tabulations for the Cham ber of Deputies still were un- a.Vf. I left are former Rep. Walter H. Judd; William M. Martin Jr., chairman of the Federal Reserve Board; Ladd Plumley, president of the U.S. Chamber, who presented the awards, and Sen. John L. McClellan (D-Ark.). (UPI) der way. But with nearly half the vote counted the balloting ran: Christian Democrats, 37 per cent against 42.4 per cent in 1958; Communists 25.1 per Do you s!isvaBaail2r MH - I ! HHiijjiagl -J, jSP" " eX'BBlBBrnPTTPBiiasBM BBBB& I .' '''-kmWBmBM ffl MB? ' --y&ae-l b -ttaaaBw-asa) V f- "V" " ' ,; 'jryjjPrraiisSF 4jaJMas1 ww aY flfl va -awRPT 1 asa WW WwXlL-. MBm WM ' ' aW - v- BjpJBB fM mmmrS' 1 j ML " SJSS 1 V' ivBsts afl H ffPTrnv9astfei'!w' 5easS??5 gMpBySPay- . . 'V-?JftS SCUsKill BiRaCeiaiKslVB&li h H' T-8 ip3 wLv ei3i BkbKSSSbI ' sSBSVal aV BssF 3PiwBrTmM'SM Thai's what Joan Anderson. 4-H girl, is striving or: a blue ribbon for Charlie at the County Fair. Working for excellence is one of many fine principies which the 4-H Club and Future Farmers of America inspire in their youthful members. Honoring their purposes, our Company annually provides 74 first-year college scholarships for 4-H and cent, up from 22.7; Nenni So cialists 14.7 per cent against 14.2; and the Liberals 7.4 per cent against 3.5 per cent five years ago. think Charlie can win a ribbon? Planning ahead to sen e you better STANDARD OIL COMPANY OF CALIFORNIA California Kills Attempt To Restore Crossfiling System Sacramento -fllPD- A bill to restore California's unique crossfiling system in primary elections is dead for another session of the legislature. But its author. Assembly man Jack Schrade (R-Del Mar) promised today he would try again any time he gets a chance, including at next year's budget session, if pos sible. On a strictly nonpartisan vote, the Senate Monday de feated the bill, 20 to 19. It needed 21 votes for passage to the Assembly, where its chances were dim anyway. Schrade characterized cross filing, abolished by the Demo- Strike Against Santa Fe Halted Chicago -ItlPD- The dispute between the Santa Fe Rail way and the Brotherhood of Railroad Trainmen over re maining work rule changes trJ day awaited settlement of the nationwide rails dispute over featherbedding. U.S. District Judge Julius J. Hoffman Monday tied the Santa Fe controversy to the nationwide dispute and halted any strike against the line until the national question is settled. Hoffman granted a tempor ary injunction which in effect continued a temporary re straining order barring a strike by 3,000 members of the trainmen's brotherhood against the Santa Fc's east ern and western divisions. FFA to award io deserving members in the West, Alaska and Hawaii. Joan Anderson plans to apply for one of these. This is part of the nearly SI million we contributs) annually for scholarships, fellowships, grants, service and materials for schools. We deem it a privilege to give this support. cratic-controlled 1959 legisla ture, "the American system of voting" and pushed it as a means of eliminating elec tion frauds. Sen. Thomas M. Rees ID Los Angeles), however, siid the vote system, first estab lished by former Gov. Hiram Johnson, was designed-to en courage "fuzzing" along par ty lines. "I believe very firmly that good government is govern ment where we have a strong party system," Rees . said. "That is what we have had in California the past four years. It's been a responsible sys tem." Senate Leader High M. Burns, who won reelection through a primary writein in 1962, was Schrade's major proponent in seeking approv al of the bill, MOTHER'S DAY CARDS Mother's Oar Sundar, My 12 .sa9 itrw- 217 E. Msm St. Me.ferJ i
