THURSDAY, JAN. 1. 1948
PACE TWELVE
HERALD AND NEWS, KLAMATH FALLS, OREGON
Individual Income Tax Cut
Tops GOP List Of "Musts"
But Truman Still Has Veto
By FRANCIS M. Le MAY
WASHINGTON. lee. 00 (.-JV- Re
publican leaders will tell you thai
tax reduction bill in the surest bet
In the new eonirress. Hut don't
Bend the money yet the president
till hai a potent veto if he wants
la uae It.
When contresi sweeps back Into
Washington on January 6. a cut in
thf Individual income tax will stand
at the top of the GOP list of "must"
leflilation.
The republlnuis, Willi help from
some democrats, ore ready to press
through another bill for a huge
slush, probablv between $4,000,000.
000 and $5,300,000,000. Beyond doubt,
It will pass.
And a plan is afoot for a "gen
eral revision" of tax laws later, in
rhirilnir cornoratlon levies and the
excise taxes on Jewelry, furs, tele-1
graph and telephone, transporta
tion and entertainment.
But down at the other end of
Pennsylvania avenue sits a demo
cratic president. Harry S. Truman.
He used his veto power twice last
year to kill republican-backed 1
$1,000,000,000 tax cutting bills.
He tuld congress then that II was
the "wrong time" for tax cutting I
..-,...l.llnw mflra c.ieilltit.V m.lIIPV itk '
bid up the prices of scarce goods.
He argued that it was the "wrong
kind," that the bills would help
those most who needed help least,
and give smallest relief to persons
with smallest Incomes.
Moreover, Mr. Truman declared
that debt payment should come
ahead of tax reduction. Now he Is
silent on what he will do about the
new tax bill.
But on Capitol Hill, republicans
are arguing that tux reduction
would help fight Inflation, by in
creasing Incentives to bring out
larger production and by cii.Mng de
mands for wage. Increases.
Under the leadership of Chair
man Kmilson iR-Mlnn of the
house ways and means committee,
t!icy have sought to make their try
"veto proof" hi other words to
produce a bill which will attract
enough democratic support to over
ride a veto.
They are expected to turn out a
bill something like this:
I. A $100 Increase in individual
exemptions, from S5UO to $ti00.
This would erase about 6,000.000
small Income taxpayers from the
rolls completely and give some
reduction to the other 48.500.000.
It would reduce revenues about
SJ.OOO.000.000.
Nationwide adoption of the
community property principle
whereby husbands and wives may
split the family Income equally
for tax reporting purposes, thus
bringing the total income into
lower rate brackets. This system
now- exists in 13 slates by local
law. Applied generally. It would
cost the government about $700,
000.000. 3. Percentage tax reduction, in
addition.
The hills vetoed last year used
the percentage reduction system
exclusively, reducing the tax on
smallest incomes by 30 per rent,
middle Incomes between 15 and
20 per cent, and taking 1.5 per
cent off the tax on any part of
an income over $:I0?,000.
Farm Croud Muni
The United Slates chamber of
commerce and the National Asso
ciation of Manufacturers are back-
I ing early tax reduction. Kami and
labor grotiis have not generally
pressed for quick tax cuts. The CIO
vigorously opposed the two pre
vious Kuutson bills.
While Mr. Truman lias kept his
counsel on the tax prospects, Sec
retary of Treasury Snyder perhaps
has disclosed the president's posi
tion in recent Sccchrs. Snyder
says emphatically that congress
should make sure the government
has enough tax Income to cover
foreign old. leave something over
for debt reduction, before tackling
tax revision.
As for business tax revision he
suggests:
1. More equal tax treatment of
Incomes of corporations and un
incorporated business, and correc
tion of the "double taxation of
dividends."
8. Correction of excise taxes
SHE MUST KNOW THE WW. MT IT
PERSON WHO PVaCEO If. DOESN'T 6Ne
OR IT WOULPNf T HME- a PHONE VHJrV
aSITaTEDHERSO! v'MRCfcxCCgfS;
1011 GOTTaMaOij
v s:si ds iisikn
(...SO I RMI OUT THEN WU STIIL DON'T KMOrl 1 fllO. I GOT ANOTHER. 1 ('" lS-'" '''Vil "" f
0' THE CAFE ND I WHV SHE WHS 50 UPSET 1 PAPER MK) ITXXED , '" ri'. r - J
SEARCHED EVERV- V OVER THAT WANT-AO, EASS J UP THE AD. IT'S A Sl-uMi I
WHERE BUT COtllDNT " RATHER STRAN6E I MJTrrunderi, rrrM L.
t AWE OR WHERE j." L TSlf! A J2ZZS&&3 Ulk 1 f
. SHE LIVIES. Jf-Y w ""erY.V""..(ametor '-.-; B J - TVrfi
-rctrtl a ffek JR f - ,-r--advancement n y r-'Vi TI fc
J jll yy"
HAPPY NEW. YEAR
"l.JLu'..mi
ms-'S"P If-.i.."-?' "'""111
... to oil our friends and patrons. We appreciate having been oble to
terve you during IV4, and will continue giving our superior service
during the coming year.
RALPHS GUN SHOP
"ON THE HI-WAY TO THE FLY-WAY"
4820 South 6th phone 4273
TpV V EVt-'ADlrtE SACE" 6V9lliO' HMLlGoT CO'JER M.I WD GLf J HEEPitf ImS IS 10
liwy aJEW lt- TO YOJ, OLD FAlD IN 601D CJST-' j A J CrEl FoR A SAC OF C CHA3 rM KM O'lifS
IriSfellWti fS-V 9-tctfier
8iVs irll 3MV8T- m-)i
HELP ME GET ACROSS tA' ) SV VZS ?H V' ". jt3tS-l I ' f
V THAT RAVINE! r VS I ? LCr&VN "STW
) . xgj Ik
Tvrl -
Hint 'MUlurb cimiirtitlvc romlU
tionn" in luuiiH'Kji or "urr unttuly
burtlnuonio uii liulivlilintlM will,
low hu'tmicsv"
lUiHinctui tax rrvlKtons iruttiibly
will wult fur rcoml Ui bill.
Vhrn cimftrrM rrnrlim thlv mirn
tton irrh;ipa In the prhiK, It will
h tulle one iiltun which rHrrln
imlUlcnl dynaiultr. Thli li .iro
potutl to Imx ci.'itpcrtttlvm on tin
rqunl fnotliiK with privately oprr
ftted buftlneu, runners or oll.eni
w ho bml t or ct her In co-oti now
enjoy Hiieilol tax tretttmrnt.
British May
Delay Moving
LONDON, Jim. 1 i API An bu
thoritiitlvo tiovt'i nmrnl sourt'O Mild
twl. . Orent ill ituln limy bo "rum-prlli-d"
to itclny lirr sclu'iluli'il mill
liny willuliiiu'Hl (nun PiiU'Mlnp in
Aimust If vlolpiire brtwrrn Jrws imil
AruiM ronlliiucs.
Ho itKticnU'ri nt.su tho continulntt
rondh't mlKliI (oror (he llrltl.sli nov
iMiimrut to siirrrmirr lis Pnlostiiip
nmiuliilo to Ihp I'nltrd NiKloti.i
curlier Hum Muy 1 ns orlulnully
plamu'd.
"Coiiiiiiuiial slrlfp moiuis Ilrlll.sli
tnHi' have to bear hi-avlrr dutlrs i
and ri'Mill.i ill disruption ol trans.
port, roiiiinuiilnilloiis and oihrr
public si-rvlcos." the Intornianl said
"It must bo obvious to niivnnp that
continued violence will make the lob
of wlthdriittinu 70.000 troois and ,
their equipment Ioniser and more
complicated."
Since the I'nlted Nations voted
November 29 for partition some isoo
persons have been killed In fighting
In Palesllne.
Truman, Wallace
Awcirinn Niches I
WASHINGTON. Jan. I i,Vi
V)jvld Lynn, architect of the eatil-1
tot. broimht Harry S. Truman and
Henry A. Wallace toKether In his 1
office today. !
And there they'll stav until the j
senate committee on rules and ad-1
ministration assigns them a niche.
In the senate wing set aside for j
marble busts of the vice presidents.
Lynn bought the two new ones
for $2500 nptcce under a law re- '
quiring time a statue of each vice 1
president be placed In the capital, j
These two complete the full set
of 34. i
Death Takes
No Holiday
During 1947
Sudden death look HU persons III
Klamath county during IIU7, bin
only Ml of those deaths wore classi
fied us violent by the coroner's of
fice. Tile fmuio goes Inst year's
mark one boiler.
The loll Included 19 automobile
or pedestrian accident fiiinlliiei in,i
eighteen of the accidents occurred
within Hie county limits.
Ono major alrplimo crash In
February cost throe lives. The Clov
ornor Hnell crash of lalo October
look place Just over the line in
Uike county.
Kltlil lives were liut in fire lu
li accidental gunshot, Iwu In lug.
ling accidents, line In a mill, llvr
persons were druunrd during the
year nod nine ruiuiultled suicide.
The total of lhre lumber Industry
fatalities Is remarkably low. con
sidering the millions of man-hours
spent In the Industry here durliM
year. Also remarkable was that
only one gunshot death resulted
from deer hunting, and that one
came from Illegal hunt lug on the
riservntlon before the sensor.
oMned
The single duck hunting fatality
eniur last Saturdav when a ymnu
man died of alined and exposure
after going through the Ice on the
I'pner lake.
Other deaths of the grand total
we'-e tnhlxvi is sudden, but due it
natural causes.
The coroner's annual report for
1IH7 shows-
Violent deaths:
Stlirldrs
Ilv hanging
Rv nolson
shooting and hanging
SMnot'ng
Late Cage
Scores
By The Associated Press
Tennessee 110. Wake Cores! 41.
Missouri IH). Wllkn Korea! 41.
Missouri 411. Northwestern 41.
Ilradlry III, Yale oil.
Wisconsin 61, Maripirtto 00.
Iowa III. Harvard 41.
Loyola (Los Angelcsi IW. New Mex
ico 60.
ImiUllimiil Tuurnumriil sl
tort Worth, '1'rs.
Louisiana Htale 61, Texas Chris
thill 48.
Texas Tech 11. Iluidlii-Hliiiinuns
All f'ullrge Tuurnaiueli! a!
Oklahunm I lly
Oklahoma A,vM :v Texas 111
iflualsi,
Wyoming Bit. Hire 4:1.
llaylor 211. Alaliuina Ul
llamllne 62, tleoigla lech :i.'i.
Acelileulal
Aioomoiilles
Prownlng
Plane
Kire
(lllllsllOt
Train
Logging
Mill
.Strangulation
A.-.phvxtatlon
shock
Others
Homicide
Princess To
Wed Mihai
C'OPLNIIAOKN. Denmark. Jan I
i.Vi Princess Anne of llourhou
Parma said today "It was love at
first sight'' Willi her and former
King Mlhal of Homaiila and that
"wherever he goes. I will follow him "
She said the young monarch's ab
dlcaltnu Tuesday was a complete
surprise to her and that she did not
know his plans.
She was anxiously awaiting word
from him at the rcsldenre of her
uncle. Prince Axrl in (lenlolte. a
Copenhagen suburb.
"I have had no word from King
Michael iMIhali and I do not know
anvthlng about his plans for the
future," the pretty young pilnrevt
said In an Interview. "It seems,
however, after what I have read in
the pallors, that he Intends to go to
Switzerland but wherever he goes.
I will follow him. Hut I will not
leave Coiienhngen until I have heard
from linn "
There have been iiers'stent reiori
that Anne and Mlhal soon would be
married.
Vandenberg
Stays Out
WAHlliNiri'ON, Jan. I M'i
Friends said loilay Henalor Van
denberg Is prepared In go beyond
Ills request that Michigan republi
cans pass him by as a favorite son
candlilutp for the presidency,
Vandenlieig has told Iheso friends
that If draft movement should
dn clop In his behalf at the Phila
delphia convention III June he will
ask drh'gales publicly not to sup
port linn for the nomination.
This, plus his long expected for
mal announcement lo Michigan
OOP loaders 111 a New Years loiter,
has convinced most Washington as
sociates Hint Hie (U-year-old law.
maker does not want to run for presi
dent. 1
V'aiidenheig, presiding olllcei' of
Hie senate and tiialrman of lis
loiclun relations commlllee, canicd
copies ol Ills letter In person lo the
senate press gallery ycsleiday mid
smiled as he handed llieui to in
put tern.
Aviation Board
To Start Soon
PORTLAND, Jan. 1 lV Kltlrcn
uitinliors of the city's new aviation
commission were listed today liv
Mayor Karl Itlley and are expeiied
lo slilil functioning within a few
dais.
The commission will serve as an
ndvlsot y group to map the rlty s
amnion Industry development and
is i-oniiKiscd of icoiesentatlves ol
I commercial, private and military
I uMatlon plus Hie cltlm-iis serving
j as public members.
Suspected homicide
Shot by officer
TRICYCLES
WAGONS
BABY WALKERS
POOLE'S
BifTcle & Sporting Goodi
ii2 So. 7th
i,',: iiHiri:
ftokub
r'LOWER SHOP
4JOHtlN
!WII MMori447
ni'lillJ.il'lflHiHX
mm
KLPmPTHvi
jyi.i
SHOPi
Hill. HIT
VANCOUVI-llt, II. C, Jan. 1 ol'i
Two armed bamllls, wearing red
gloves and goggles, held Up Ihe
Oianvllle strrcl bramii ol the lin
peiiul Hank of Canada yesterday
and escaped with an estimated
S1700 alter herding three bank
workers Into a vault.
Ill , Mill l
; j-:itt;sAi.KM. Jan. I ii-i oifi
j dais said a ship carrying 100 un
' certlfleti Jews was bearhed tialay
1 a' Nallarlya. Icll llllles norlll of
Hulla, in Hi" arra allotted under
Impending partition lo Hie Arab
j stele of Palesllne. .
I'loirvr Shop
iiiivi:i.
(At Greenhouses)
31114 K. Sill. Phones 1335 and 93lt
Free llrllvery Howers by Wire
Kunrral Designs Our Sperlally
wty0! TrTII,8 X Famous usr (T runmims awav , is me? I THAT Does itF) f Hey, what awT
sssssss fflli!Tlr J J
B 1 y m i i V i LEOI3"i' uzopos i rr "'jftlZ f hoppv vou eaio rr, OArx-!-l: V
hey! look!) my CTfiPs! WHT? 4 occto-'Qpooy"! I Mii ( HEW YEAR, 1 HAPPY NEW YEAR u'it)
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ONE TUBE FREE
with each purchase of 2 tires any
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7.00x15 only $18.72
6.50x15 only $16.34
6.00x15 only $13.41
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Lower pressure . . . smoother riding, sofor driving
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70x15 Now only $23.94
60x16 Now only $17.82
65x16 Now only $21.60
70x16 Now only $25.44
(All prirrs plus Us)
The Famous Fisk
SAFETY FLIGHT
Safer driving More mileage!
6.00x16 . . . $11.43 5.25, 5.50x17 . . $11.50
6.50x16 . . . $14.14 5.50x18 . . . $11.22
7.00x15 . . . $15.65 4.75, 5.00x19 . . $10.29
6.50x15. . .$13.85 4.40,4.50x21 . .$10.34
6.00x15. . .$15.49 30x3V2. . . .$9.23
OLDS CADILLAC
OLDS TOWER, 7th and Klamath
Terms May
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OUR
Budget Plan
ON ANYTHING
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n
Phone 4103
EGIO
i