THl'RSPAY. .UNITARY fi. 1959
Scientific Year Attains Biggest Earth Checkup
By ALTOS' BUKESLEE
Associated Presi Science Writer
NEW YORK AP)1GY brought'
the greatest physical checkup in
il history.
The patient our planet earth.
For 18 months, scientists probed
and poked at the earth with diag
nostic instruments ranging from
'.iwrmometers to orbiting satel
lites. They found high altitude titanic
viimis of 200 to 300 miles an hour,
and places where the earth's skin
o! crust is only 2'i miles thick.
Ihey charted great rivers of elec
tricity flowing through earth crust
and upper air.
These are but some early re-
"Yes, sir, times have changed. Used to be I could pay
mv taxes with what I made off of chewing tobacco."
Business, Finance World
Watches Tax Legislation
suits. It may take 25 years or (satellites at unexpectedly Ion"
uore to make the most significant distances, offer clues to new meth-
diagnoses from the hundreds ofods of radio communication.
Aground, seismologists used
manmade explosions and t h e
.shock signals from natural earth
quakes to till in their understand
ing c. ;- oarlh's interior and its
crust. Shocks from underground
A-bomb tests offered a new tool
for doing this.
Seismic soundings delected the
thinnest crust of the earth yet dis
covered under the seas 2'j miles
and also the thickest undersea
crust 9 miles deep.
HFRAT.n A'n VFWS K'TAmatij fins nnrr.rwT
I.,- ...k.,1... .. . : . I .. . ,
in" or re e , L .V, " HarVard "'""O" Dr. what life means in the univers.
feed ."'ho onSinnl."Ir Z- "5 Fred tth'PP'e Um lead human, to settle their
.- .' r .r "w ' "Spriirinn a kAltnR . -f
ice ages ana glacier growth - --, - iUmt-i ui aiuerences.
ine unrst for knowledge
' uy iuv is not satisfied
By ELMER C. WALZER
UPI Financial Editor
NEW YORK (UPI) - With
Congress again in session the
financial and business world is
watching to see what will happen
on business and tax legislation to
gether with a series of expected
investigations.
None expects an income tax
rise or decline but there will be
modifications, attempts to close
loop holes and attempts to carve
down (he oil depletion allowance
of 2714 per cent.
Here is what the tax experts
at Prentice-Hall anticipate could
happen in the w-y of tax changes:
"1. More .apid depreciation on
capital investment to allow for
increasing obsolescence and for
inflation.
"2. Some limitation of tax
treatment of capital gains and of
.cooperatives.
"3. Deductions for funds set
aside- by self-employed people for
'retirement Jenkins-Kcogh Bill.
"4. Revision of rules on corpo
rate distributions and adjust
ments, estates and trusts and
partnerships Ways and Means
tentatively plans hearings on
these advisory group reports for
the middle of February.
"5. A new higher tax formula
for life insurance companies.
"6 Some tax incentives for
private investment abroad.
"Congressional liberals of both
parties will make their major tax
target a substantial reduction in
the 27'i per cent oil and gas
depletion allowance. They will
probably fail, however."
It has been announced that
President Eisenhower will ask for
a boost in federal gasoline taxes.
Many states also plan to raise
taxes on gasoline which now
range from three cents a gallon
in a long list of slates, including
Alabama, Florida, Kentucky, Loui
siana, Maine, Mississippi, Nebras
ka, North Carolina, South Caro
lina, and Tennessee.
Higher state gasoline levies, it
is held, would be set in many
states to defray the state costs
of highway construction which is
to be paid for by the stales and
bv federal grants.
New York State's gasoline tax
'row is four cents a gallon and
.is the lowest in the nation except
for Missouri. The really high gas
oline taxes are in Hawaii where
'they range from 8'.i cents to 11
xpnts a gallon.
; Wall Street has been hoping for
:a reduction in the capital gains
tax, which now is 25 per cent for
long-term capital gains. Cutting
this in half, market experts ar
!pue, would give the government
more revenue than it gets at
present rates.
. The idea is that with a lower
capital gains tax. many who have
big slock market profits would
take them by selling their stocks.
This would add to the supply of
common slocks which is said to
be low because so many institu
tions have loaded up and aren't
selling. Hence when a purchase
of slock is made the purchaser
runs into a low supply and has
to pay a high price.
Business looks for a scries of
investigations into almost every
thing. The Wall Street Journal says
"the new liberal packed Congress
will put business on the defensive
as it hasn't been since New Deal
days."
The slock market community
doesn't appear to be worried over
Congress and that's a new twist.
This time the financial district is
convinced there'll be so much de
mand for spending more and
more money that inflation may
get a boost and if so demand for
stocks would remain high as in
flation hedges.
The foregoing is not universally
accepted, however, and there are
many who think inflation will be
held down during 1959.
millions of facts gathered.
IGY the International Geophy
sical Year is formally ended.
This world scientific effort cost
about 750 million dollars, and
iwice that jf you include ships,
rlanes and other support.
But its work continues in most
major aspects under the title
1GC-59, meaning International
Geophysical Cooperation in 1959,
;o extend man's knowledge of his
planet.
A great ocean nf air is earth's
iung for human life.
Rockets indicated winds of sev
cial hundred miles per hour up
where the 4ir is terribly thin and
highly electrified.
By night, earth wears a halo of
uim light, the airglow, which is
mostly pale green. It seems to
occur in patches or cells, moving
with average speed of 200 miles i
an hour at a 60-mile height, re
ports Dr. Franklin E. Roach of
the National Bureau of Standards
at Boulder, Colo.
Green airglow comes from oxy
gen atoms, with some yellow glow
from sodium atoms. IGY scien
tists also detected unexpected
atoms of lithium presumably
shot up by nuclear tests.
Radiation streaming from the
fun, or from particles trapped
magnetically above the earth,
cause the Northern and Southern
Lights, or auroras.
But a man-made aurora was
detected with one Pacific nuclear
lest. Scientists theorize a blast
could alter the earth's magnetic
field enough to allow some trapped
particles to stream down upon the
earth.
Catching a great solar flare in
action last Feb. 10-11, many sci
entists measured its varied, pow
erful effects upon earth.
Great currents of electricity
flowed through the earth's crust
as the earth's horizontal magnetic
field strengthened. This was ap
parently induced by electrical cur
rents in the atmosphere. Balloons
detected X-rays within some 20
miles of the earth's surface.
Through chains of magnetic sta
tions, some IGY scientists concen
trated on tracing local and sur
face magnetic variations induced
from electro-magnetic events in
the upper air. seeking clearer
understanding of air-earth inter
reactions. IGY men confirmed the exist
ence of the equatorial electrojet,
a powerful electric current flow
ing in daylight hours only above
the earth's magnetic equator. Sim
ilar currents presumably circle
both Poles. They offer new insight
upon solar effects on magnetic
fields.
Probing the sky with radio fin
gers, scienusis iouna me iomza-
uon or eiccirincaiion ot tne upper
air persists over the South Pole
even during the long polar night
when the sun is down. Apparently,
great clouds of electrons drift in
slowly from lower latitudes. Sim
ple absence of sunshine does not
remove the ionosphere.
Radio sfudies of the ionosphere,
and the discovery that radio sig
nals can be received from earth
I The pull of gravity was nieas
jured over 75 per cent of the sea
surface, and over vast distances
on land adding up ultimately to
a tar more accurate picture of the
earth's gravity, and Irom that a
better conception of the real shape
ot the earth
The moon and the sun, through
gravity, cause tides not only on
the oceans, but also on the land
actually creating wavy bulges in
the earth s crust ranging up to
eight to la inches. One U.v goal
was to learn how much the earth
and sea tides may be in ph:ise
Glacioloeisls from 28 nations
checked all Ihe earth's ice areas.
They sampled down through lay
ers ot ancient ice for clues to past
and present climatic changes. ,o
organizations of scicniisis hj.
formed special new committees toi
push on, especially in cooperative
studies on the oceans. Antarctica 1
and space science. The watching
of the sun will continue miri
will most of the olher searching:,
though at less intensified an ef
fort. IGY is helping In satisfy man's
curiosity about his world, and
stimulates his curiosity the more.
II promises to confer great bene
lits, not only material, but far beyond.
Copter Rescues'
Naval Aviator
SAN DIEGO (UPI) -A Navy
.fier who spent 14 hours on a life
raft after his plane crashed in
;the Pacific Ocean was rescued
'.Wednesday.
: Lt. Cmdr. W. L. Armstrong, 35.
'Chula Vista. Calif., attached to
..fan Diego Naval Air Station, wasj
reported in good condition al
though suffering from exposure.
'He was rescued 20 miles south of
here by a Navy helicopter team,
one of 20 aircraft crews participa
ting in the search.
' COOKIES CRUMBLE
.. KENDAL. England (UPI) - A
:-12-ton load of cookies crumbled
Wednesday when the big bakery
.truck John Thompson was driving
turned over on the main England
.rotlnd road. Can were backed
"up for five miles.
VaffiOriiiacrs
January Clearance
SHOE
SALE!
vxw
pu nips and sirups
Values to 11.95
A good assortment of womens dress shoes . . ,
hi and medium heels . . . suedes and leathers
. . . red, brown and black . . . colors and sizes
broken, of course.
flats? oxfords,
casuals
Valutt to 7.9S
2.90 to
4.09
Block, brown, gray suede ond block leather flats
. . . white, grey, red rock-n-roll, hook-n-eye ond
saddle oxfords and a variety of casuals for
quick clearance.
VanOrman's
Home Owned and Operated
527 MAIN STREET
Hi
REGISTER NOW
FOR J. W. KERNS
WHISKERINO
BIG PRIZES
FOR THE BEST WHISKERS
Penney's
immm
Pn3 ...
fi v-vv wSa. fe lia
pS3 vivV ff
-vwwwwvwm-ww Sl!7rajkffc AVVCl.t iaMafJWS IW.AS''
Shop Penney's For
The World's Finest Yardage
NOW!
500 New
Print
Penney's
RONDO-GO-ROUND
!
PENNEY'S
"COMPARE
VALUE!
YARD
WANT MORE? Pick "Rondo," the high-count percate that
goes 17,000 miles around the world each season! Toss Rondo in
your waaher . . . watch it emerge fresh and glowing! Sew it into
children's wear, aprons, dusters, dresses, shirts for dad. Try it at
your windows via pert cafes. Any way you use it, you're assured
of top styling, lasting quality, unsurpassed value. Prints include
every imaginable design from garden-fresh florals to pretty pro
vincials; juveniles to jaunty stripes and plaids; abstracts and
borders to novelties unlimited. Just the sight of them will send
your designing talents soaring. Enjoy the greatest selection of
prints at the lowest price in the world.
MORE WOMEN SEW WITH PENNEY'S "RONDO" THAN ANY
OTHER FABRIC IN THE WORLD!
BALCONY
"RAMONA"
CLOTH
a y. . r.r. a v;
TAFFETAS
AND SATINS
WOVEN
GINGHAMS
"NEEDLE 'N
THREAD"
59
Yord
59c,
Crisp, firmly - woven
cotton . . . Sanforized
machine woshable! Su
perbly s ty I e d prints
for cafes, draperies . , .
vivid sportswear,
-Maximum shrink Mr 1
BALCONY
Yerd
Penney's romantic, rust
ling acetate taffeta for
party skirts . . gleam
ing rayon satin for
blouses and dresses! Pas
tels and brilliants. 42
inches wide.
BALCONY
79' 49
Miniature checks, in
between checks, big 'n
bold checks . . . they're
oil here at Penney's!
Crease - resistant, ma
chine woshable. For
fashions, home.
BALCONY
Yord
Penney's machine
woshable, Sanforized
cottons for fashions, dec
orating. Enjoy quality,
beauty, coupled with Pen
ney's incomparable value!
Little or no ironing!
-Maximum ihrlnkafe 1
BALCONY
NYLON
SHEERS
79
Yard
So crisp, so fresh, such
fun for youngsters' fash
ions! Soft, velvety tuft
ing etches dainty pat
terns in white or pastels.
Hand-wosh.
BALCONY
SHOP NOW -- Take Advantage of Penney's White Good Values!