Herald and news. (Klamath Falls, Or.) 1942-current, June 29, 1945, Image 10

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Herald and news., June 29, 1945, Image 10

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Newspaper Page TextftN HERALD AND NEWS flX REVISION flashes of rii i flppnnvFn lLife UILL III I IIUILU B! COMMITTEE WASHINGTON, June 29 (Pi rax revision legislation miena ed to improve the cash position o( business and industry ay o D00.000.000 in the reconversion period was approved today by the house ways and means com mittee. The measure raises the ex emption under excess profits tax from $10,000 to $25,000, but makes no other material change in ultimate tax obligations of corporations. Efforts to broaden the leg islation to cut individual tax burdens were defeated. The legislation i s designed principally to make more casn available to business and in ' dustry to hasten reconversion, by speeding up payment on 10 per cent rebates due under the 95 per cent excess proms levy and other payments. The five specific provisions of the bill are: 1. Increase the excess-profits-tax specific exemption from $10,000 to $25,000. Effective beginning with the tax year 1946. 2. Provide that the postwar credit of 10 per cent of the excess profits tax be taken cur rently with respect to tax lia bilities of 1944 and subsequent years. 3. Advance to January 1, 1946, the maturity date of out standing excess-profits-tax post war refund bonds. 4. Speed-up of refunds result ing from carry-backs of net op erating losses and of unused excess-profits credits. . 5. Hasten refunds resulting from the recomputation of de ductions for amortization of emergency facilities. The committee wrote in two amendments by Rep. Carlson (R-Kas.), one providing that re organized railroads should be treated like old railroads in the carryback provisions of the tax law, and the other provid ing that corporations working on a fiscal year instead of a calendar year basis should get credit for the increased excess profits exemption for the part of their fiscal year falling with in the calendar year 1946. Child Grieves Over Missing Pet Dog . PORTLAND, Ore., June 29 (JP) Food still held little in terest today for three-year-old . Johnny -Palmore, grieving over his lost dog, but the cat who joined Johnny in a hunger strike has decided to resume three meals a day. The boy,, who with the big black cat kept a three-day food less vigil on. the front stoop, ate only a little soup and "fussed around with some orange juice and cookies" yesterday, A. J. Palmore, his father, reported. " "I came home to find his toy box half full of bones he's been saving for Bingo," said his father. Mixed enticingly with the bones were some pieces of cookie. But Bingo still was missing. ...... Nearly a dozen calls sum moned Mrs. Palmore eagerly to the telephone, but none of the pets the callers described was -Bingo. Playmates, neighbors, police, and the Humane society have joined the search. Look pleasant, please . . . meeting comrades-in-arms in Quebec In Quebec as in Quincy, the words Have a Coke are an invitation to friendliness. They say We speak the same lingo... let's get together. It's the North American way. On both sides of the border people have come to look upon Coca-Cola as a symbol of amity and good feeling. OTTltO UNDEI AUTHOIITY Of THE COCA-COIA COMPANY ST COCA-COLA BOTTLING COMPANY OF KLAMATH FALLS 665 Spring Si. phone 6632 Hear Morton Downey KFJI 9:15 A. M. Friday. Jun 29. 1845 QUICK CHANGE FAIRBANKS, Alaska, June 29 (r) The wacs are wearing the trousers now at Ladd field. Fire destroyed their barracks, forcimt the fiirls to jump to safety abandoning tneir per sonal effects. They were issued clothing from mens siocks. FUSSY FELINES VAMCAC rrrv. Mn June 29 lm Tha lnt-nl cuts nm Bfittintr 'fussy about their food, one Kansas citizen louna out iu nis misfortune. Wnltni. T PprffllROn left his motor car with the windows open in a downtown panting ln Tnctda lha pnr tunc A Smnll 1UI. WWUh ' - - " ' " sack containing 10 pounds of dog meat. He returned to una two c!s nnlfini, a Una 111 11 1 J", f the iiaMn Ttinv KnH plawed oncn the dog meat package but gave IIS COmeulS a wmciiiyiuuua pass-up. CLEANED SAN DIEGO. Calif., June 29 () Four years ago, Mrs. Maran Kranchok. had a little house situated on an acre of fertile soil in suburban Lincoln acres. She had been out of town most of the last lour years. Mrs. Kranchok returned home today to discover that someone not only removed the house, but also most of the topsoil. LONG DISTANT FORECAST BLOOMINGTON. 111.. June 29 OPi CaDt James R. Gardner of the army air corps batted 1.000 in guessing the date he would be home from Europe. Several months ago he wrote his wife and told her he would be home to help her celebrate their second wedding anniver sary on June 26. He kept his date, arriving at I 7 d. m. on the date promisee, after 10 months overseas, his second trip. Classified Ads Bring Results, i Dress Up For BUCKAROO DAYS July 1 thru the 4th In One of Our ' NEW Double-Breasted SUITS In chocolate brown with powder blue and red chalk stripes. A Handsome Suit by Berkeley Square 50 Illl. DREW'S J HANST0RE 7S3 Mala 81 Syndicate's Plans Upset By Truman, PI Reveals SEATTLE. June 29 (JP) President Truman's apparent ap proval of construction oi a nign wav linklne Alaska and the Pacific northwest has upset plans of a large eastern syndicate representing 'refugee capital to purchase the Pacific Great Eastern railway in British Co lumbia and extend it to Fair banks, Alaska, the Post-Intel lieencer said today. In Washington, D. C, last nisht. the promoters were meet ing and gravely weighing the possibility that the nlgnway might attract enough tonnage to hurt seriously a railway to Alaska," the paper said. The railway is owned by British Columbia and runs from USE TAX STAMPS TO BE DISPUTED Beginning Sunday, July 1, the new federal use tax stamps must be displayed in the upper left-hand corner of the wind shield of any motor vehicle in operation, it was announced by Paul H. Wright, deputy collector in charge of the local internal revenue office. Saturday noon. June 30. is the deadline for purchasing the stamps at the main post office. However, the post ottice station, located in the Lee Hendricks' drug store, 2212 S. 6th, will make sales of the stickers until 9 p. m. Saturday evening. Internal revenue deputies throughout the state will begin an enforcement checkup after July 1, Wright states, and any vehicle found operating after that date will be tagged if the new stamD is not properly dis played. In these cases, the own er will be liable to a minimum penalty charge of $5 in addition to the cost of the stamp. Modern Record COLLECTORS! You'll Wont RCA-Victpr's "Hot Jazz" Albums Tax TIT) E l IB Y'lSj ' Your Victor Record Headquarters 120 North 7th St. . . . Have a Coca-Cola Squamish, about 40 miles north of Vancouver, to Quesnel, B. C, about 80 miles south of Prince George. ' "It is reliably reported that promoters can draw on from $150,000,000 to $200,000,000 worth of refugee capital and that they had prepared plans not only for the acquisition and extension of the Pacific Great Eastern but also for the development of com mercial enterprises in Alaska and the Peace river country which would insure traffic for the railroad," the article con tinued. The newspaper said It learned In a telephone call with one of the promoters "who asked that his name not be disclosed," that plans had progressed, before the president's attitude . became known, to a point where the syndicate was preparing to lay the project before Premier John Hart of British Columbia. Promoters contacted the U. S. bureau of roads, the article said, and were told the highway in all "probability would be located along the same route in which the railway was projected, the B or Rocky mountain trench route." SWEET GESTURE HAVANA. III.. June 29 (Pi Rev. James L. Dial, pastor of the Havana Christian church. not only performed the wedding ceremony for Marine PFC Rus sell Petty, 23, and Lois Marie Engclke, 18. but he made pos sible their wedding cake. When a check of relatives of the couple disclosed there vis no sugar available to make the PILES SUCCESSFULLY TREATED NO PAIN NO HOIMTAl.lATION Nm Lu r Tim erannt Kalu OR. E. M. MARSHA Louis Armstrong Benny Goodman Lionel Hampton McKinney's Cotton Pickers Jelly Roll Morton The Quintet of the Hot Club of France Complete Album 1 Included . I Full-length Tuxedos .with Deep Cutts. in Manyyersions . , I Ljmj. j-i I II W4e .OurrConvenlenl.oLaifcitv(tif r iws ii of I VrtM tietarAiiv bear UMi'Uoi i m , m i i i .m rw . A . i f lcbyit.tndiy.bbri.tta. I I Fur Coot In For jAf fZyJL - 0!UU I Ezd'r I Summer Storaae X(CK Saturday. I E Clarence A, Humble, chair man of the USO operations committee, has announced ap pointments to the various sub committees, Executlvo appoint ments aro Claronco A. Humble, Lynn Roycroft, Malcolm Kuley, G. C. Lorcnc, Arnold Grulupp.. Virginia Schubert, Charles Stark, Col. George Van Orden, Comdr, P. L. Hayncs, Mir. John Robb, Lt. Al Humphries and Vera L. Chase. The hostess sub-committee In cludes Virginia Schubert and Mrs. A. G. Cottrell while Epl-;v. Rose M. Poole, and John Sand meycr will handle personnel. Public relations are under the direction of Charles Stark, Ed Ostcndorf and Esther Lawlor. Budget and finance will lie handled bv G. C. Lorenz. .- drew Collier, and Martha lUc Collum. Lynn Roycroft, U. E. Rccder, Chaplain H. W. Stroup, Lt. Cmrlr, Graham Gilmer Jr., Lt. Wayne M. Holmes, and Vera L. Chase will handle the enter tainment and program commit tee. The snack bar will bo under direction ot Arnold Gro lnpp, Isabel Brixncr, and Myrtle Ellingson. cake. Rev. Dial loaned the new- lyweds three pounds. SICOIITTE APPOINTMENTS MADE FOR I . Sf m rm-mm llllll -wbm bww w 20 1 1 . " vi -mj i i Each I I C-1 lA ' I sniper m Dial 4519 II f V M I German PW's Secret Port In SEATTLE, Juno 211 (l') Col. Conrad P. Hnrdy announced lust night the first German piisninurs of war sent outside the con tinental United States as work men would go north next month to dismantle a port built secretly in an Alaskan fjoru while the JiilHinoso were menacing the con tinent from tho Aleutians. Ho said 70 prisoners would be moved to Excursion Inlet oft ley strait between Juneau and Cape Spencer to recover 12,01)0, 000 board feet ot lumber and $:l,0()0,000 worth , ot other ma terial from tho army-built port, unneeded now Hint tho battle front has receded. Costing $18,000,000, the port wan built as n trims-shipment point whero barges from tho united States could transfer mil itary supplies to ocean going ves sels plying to Kodlnk and tho Aleutians, tho coluncl said. Com pleted In November, 1043, It was used less than a year before be ing declared surplus In October, 1044. It covered 630 acres and had extensive- tilers and storage space for 3,400,000 gallons of oil and gasoline. There were quarters for operative personnel of 44(10. lis stt ISlKRBRtnnKUmnnUKUKRUEtnnUBBKMKBB Simply . VW. " SSyh V To Dismantle Alaska In tho construction, which took mure a year, n nearby lake wus dammed for hydroelectric power, streams were diverted and dust and floods battled by the construction crews which at one time totaled 3(120 men. Tho colonel said that during 919 E. Main Phone 4282 W- Potato and Macaroni Salads Baked Beans We Make Salads and Delicatessen Items For Parties m TMF CrhblS WITi-l rTlilS fil DOOR the winter dynamite charges could not bo sot until an oleetrl cully heated Iron bar hod thawed n path for tho drill In (ho frozon ground, PRICE SETTLED WASHINGTON, June 20 (P ' Tho war fuod administration and tho Ol'A announced yesterday that an average grower price of $00 a ton will bo used In fixing ' processors' colling prices for the 1045 pack of canned and frozon clingstone peaches. TRULOVE'S Chicken Center Mutton No Points FRYERS FISH OYSTERS A I LBMMIflaMMIaiBBH.617 MAIN STRUJmmmmmmmmmi -O 1943 Tka &C Ck .'. ' .