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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Jan. 18, 1960)
HERALD AND NEWS, Klamath Falls, Ore, Monday, January 13, infiO PAGE FIVE China-Dominated City Begins Reappraising Future SINGAPORE (AP) Singapore a Chinese-dominated island cily without a country 'has started painful reappraisal of its future. In ioulheast Asia Chinese areiapore Ucing tougher times. Singapore must buck economic trends and walk a racial tightrope. Last June Singapore moved to Jenii-independence from British rule. The ruling People's Action party seeks eventual merger into the big, rich Federation of Ma laya just over a short causeway lo the north. Leaders here have wooed the federation, but the Malayan re action has been cool. The Malayan capital of Kuala Lumpur thinks any link with Singapore is not in the foreseeable future. The reason is thai only 40 per cent of Malaya's six million inhab itants are Chinese. The country is run by the Malay majority, and they want to kocp it that way. Singapore, with 80 per cent of its l'i millions Chinese, could upset Income Tax Facts 4-H NEWS LEADERS CONFERENCE LAKEV1EW Lake County 4-H leaders will travel to Corvallis January 20, to take part in the Slate 4-H Leaders Conference January 20-22, at Oregon State College. Leaders attending from this area will be Mildred Scovill, Warren Maxwell, Kate Rychard, Charles Cleland, Amelia Gawronski and Neil Morse, 4-H club agent. Conference highlights include a visit with the School of Science where leaders will learn about most recent advances in informa tion and career possibilities for Oregon youth. Representatives from physics, math, biology and chemistry departments will be their hosts. Purpose of the two-day program Is to offer 4-H leaders from all parts of the state a chance to exchange ideas, and suggest im provements in 4-H activities and project work. Discussion will center around camping, 4-H fairs, creative arts, child care projects, wildlife con servation, foods, health, careers, and the Empire Builders program. The conference opens Wednes day afternoon with a reception sponsored by 4-H leaders living near Corvallis. That evening lead ers will be guests of the Sears, Roebuck Foundation for a meal at the Memorial Union. Thursday morning leaders will hear from the School of Science and prepare to join discussion groups that afternoon and. Friday morning. The traditional international din ner has been set for Thursday evening. Fern Mathey, Linn Coun ty extension agent, and lormer International Farm Youth Ex change delegate to Israel, will show pictures and tell about her experiences living with families overseas. The Oregon 4-H Leaders Associ ation will meet Thursday evening The 4-H conference ends Friday noon. tiie delicate racial balance Malaya has been making eco nomic plans that leave out Sing- Contemplated shipping and other facilities may drain off much of Singapore's lifeblood, the trade that comes here for reship-ment. Dr. Toh Chin Chye. deputy prime minister and chairman of the PAP, outlined the situation in the party paper. 'We should recognize that Sing apore as an island will now sur vive only on our own efforts," he id. "Hopes of merger with the federation still remain, but it will be loolisli for us to believe that such a merger will take place within the next five years "We must therefore formulate our plans of development." Singapore has been seeking clos er relations with Indonesia, a source of trade revenue second only to Malaya. Prime Minister Lee Kuan Yew goes there this month. Here this month. Here again the racial problem comes in "Our Southeast Asian neighbors tends to regard Singapore as Chi nese," says Dr. Toh. He says Singapore may suffer because of feelings stemming from Indonesia's displacement of rural Chinese traders, from the China-India border dispute, and actions against Chinese in Thai land and the Philippines. Snowballing economic problems and unemployment could later lead to political unrest in this 26 by 12-mile island. But the govern ment knows that stability and se curity are vital in promoting bus iness. Economists feel Singapore's po sition as Southeast Asia's major trading center is secure for 5 to 10 years. It will take that long for either Malaya or Indonesia to de velop adequate port and other facilities. Editor's Note This is one in a series of articles on federal in come tax filing. These articles are based on information provided by the American Institute of Certi fied Public Accountants and the Southern Oregon Society of Certi fied Public Accountants in cooper ation with the Internal Revenue Service. WHAT IS INCOME? All kinds of income may be tax- ble your salary, dividends on stock (check the instruction booklet for special treatment of these), in terest on bands or savings, even piizes you win can be a tax head ache. For example, a television auiz contestant had won a $3,200 outboard motor boat which would cost him about SJ00 in income tax, nd a beautiful set of luggage (an other 150 tax dollars). Then the gong sounded announcing bis spe cial bonus prize ... a whole year's supply of chicken feed. Ev- Porter Lauds Park Proposal PORTLAND (AP) - Rep. Charles O. Porter (D-Ore.) said Saturday there are good prospects for passage by Congress, this year of legislation to establish a dunes national park on the Oregon coast. He said by telephone from Washington, D. C, the chances have been improved' by Gov, Mark Hatfield's endorsement of a proposal for such a park. Hatfield approved a draft of legislation given him by his Na tural Resources Committee, mat measure is somewhat different than one written by Porter and Sen. Richard Neuberger (D-Ore.) an orieinal proponent of dunes lcaislation. "We had first been led to be lieve the governor was unalter ably opposed to any type of sea shore bill," Porter said. "It is very encouraging to seek these proposals. With some hard work, some give and take, we'll get the legislation passed. 'Sweet Daddy' Lies In State CHARLOTTE, N.C. (AP) - A marching band, surging crowds and a new $19,000 hearse greeted the arrival Sunday night of the body of Negro spiritual leader Bishop C. M. (Sweet Daddy) Grace. Husky uniformed members of the Grace Guard lifted Sweet Daddy's caske( from the train which brought it from Los Angeles where he died Jan. 12. The body of the 78 - year - old religious leader of three million persons was placed in the hearse and a police escort led a 10-car motorcade to Grace's Charlotte temple. As the motorcade ncared Daddy Grace's House of Prayer for All People, an imposing $350, 000-structure in Charlotte's slum area, the press of the crowds be came tighter. A block from the temple, a smartly uniformed Negro band briskly moved into position in front of the motorcade and struck up a march. Then the Grace Drum and Bugle Corps took its place in the procession and struck up with the band. When the motorcade stopped at the temple, colored red, white and blue as are other House of Prayer churches throughout the nation, police estimated a crowd of 10,000 jammed the streets. The casket was opened inside the temple and an orderly line of people queued up in the dimly lighted church. The brass band played marches as the mourners paused to look at the Negro lead er, dressed in a black suit with inch-wide gold piping. The body will lie in state until Tuesday when it will be taken by motorcade to Newport News, -Va Washington, Newark, N.J., where it will lie in state one day each, and then to New Bedford, Mass for burial. MERRILL SHEEP CLL'B The meeting of the Merrill Sheep Club was called to order and we elected officers as fol lows: Bill Poe, president; Carol Haskins, vice president; Virginia Parker, secretary-treasurer; and Karen North, news reporter. We also made wreaths for a money making project and made $12. We decided to have the meet ings changed to the second Wednesday instead of the first Wednesday at 7 p.m. Record books were handed back and they were very good. Bill Fal vcy, leader, read 'Slaughter Re turns to Us." There were refreshments . served by the Kurtzes. The meet ing was adjourned. Karen North, News Reporter rvbody laughed, including the con estant, and his tax bill climbed another $25. The value of a prize is consid .red part of your income even il you made only the slightest effort iii win it. Reaching into your pock et for a quarter lo buy a raffle ticket is sufficient effort, as is signing your name to a free entry biank. The fair market value of the commodity you win is the amount you consider income. If you earn $8,000 a year and win a prize worth $2,600, then your total income for the year, for tax pur poses, is $10,600. If you receive a prize in recog nition of scientific, literary or oth er achievement which you would have performed anyway, then the prize is treated as a gift and you are not taxed on it. However, it is important that there are no strings attached to the gift. If a condition of the prize is that you give a speech or a series of lec tures, then the prize is no longer a gift. It is considered a payment for services to be rendered. For example, when William Faulkner was awarded the Nobel Prize, he was invited to speak at the award presentation ceremony. Although he accepted the invitation, he could have declined without nullifying his prize. Since the prize was not predicated on his giving a speech, it was considered a gift and was not taxable to Mr. Faulkner. The story is quite different with a certain young film actress. She was offered an award for acting,! and was invited to be the guest of honor at a ball. When she said that she could not attend the func tion, the award was withdrawn. In, other words, her award was ac tually conditioned on her appear ance at the ball. Therefore, the fair market value of the award she would have received would be taxable. The income you receive from your employers will be recorded on your W-2 forms which must be filed with your income tax return. If you worked for more than one employer during the year, you may have overpaid your social security taxes. The maximum amount of social security tax that should have been deducted from your to tal wages for the year is $120. If more was withheld, you can add the extra amount to the in come tax withheld you show on your income tax return, regardless of the form you use. The form ndicates the line on which the amount should be entered. This will increase the amount of tax you have already paid, and will either increase your rotund or reduce the tax you owe. More and more employers arc paying wages on an annual basis In other words, wages are paid even though workers are on vaca tion or are sick. For tax purpos es, the wages you receive while you are sick are not always con- It is important that you kecplceive from the Internal Revenue track of any sick pay income you receive. Many employers do not distinguish between regular pay and sick pay on their records. The V-2 you receive may include your entire wages for the year, even for the period when you were sick. Since inoomc tax will prob ablv have been withheld from your non-taxable sick pay, you should viol file the card Form 1040A since this lorm makes no provision for the exclusion of sick pay. You will sidered taxable income. I'p to $100,also need to file Form 2440 with a week of such pay is exempt after the first seven days of your sickness. However, if you are hos pitalized for even one day during your illness, or if your ahsencc is due to personal injury, then the first week's sick pay is also ex empt up to the $100. vour return. Tins form is to ex plain your sick pay exclusion. You will note that Form 1040 and Form i 1040W specify the line on which you can deduct sick pay that has been included in your annual in-' come. I The instruct ion booklet you re- Service together with your income tax forms, lists sources of taxable md non-taxable income. If you had any unusual income and, af ter reading the instruction booklet, you arc not sure whether or not il is taxable, you might call or stop by at your local Internal Revenue Service office. You should allow sufficient lime to get answers to any questions that may arise be lore filling out your tax return. You will find the employes of the In ternal Revenue Service only too willing to give you any help they can, but chances are, if you read the instruction booklet carefully, you will not need any further help. LADIES! Would you like a new $50,000 home, FREE? Phone TU 4-8484 Evenings COMPLETE HOME Remodeling! Aluminum storm window! ond doors Rockwool Insulation Fireplaces Cement Work Rooms Shvp tin to 20 now at ff eason pricrs. No monrty down, 5 5T. to pay. No payments till March. Free estimate! glad ly Rogers Roofing & Siding Ph. TU 4-8866 Firemen Save Powell's Son LOS ANGELES (AP)-"Boy, I sure was scared," said Ricky Powell, 9, son of Dick Powell and June Allyson. A fireman plucked him from a narrow ledge halfway up a 100 foot cliff in suburban Bel Air Sun day. Two police officers climbed to the ledge to comfort the boy while firemen raised a ladder. Ricky and a friend, Steve Dart, 8, were climbing the cliff at the rear of the Dart home when Ricky became frightened. He couldn't go up or down. Steve scrambled down and summoned help. Church Phrase Given Approval NEW YORK (AP) - The State Commission against Discrimina tion sees nothing wrong with using the phrase "churches nearby" in resort advertising. The American Jewish Congress had complained that the term might be used to discourage Jew ish patrons. The commission reported Sunday that its investigation of 37 upstate resorts indicated that many man agements apparently regard the terms church and synagogue as synonymous. It said persons with apparently Jewish names had stayed in 28 of the resorts cited in complaints. ' ' i y H 1 i - t n ' Y i -1 MATERNITY FASHIONS LINGERIE DRESSES FOUNDATIONS TOPS SKIRTS PEDAL PUSHERS CAPRI PANTS Board Studies U Of 0 Chief EUGENE (AP) Appointment of a new University of Oregon president was discussed here Saturday at a meeting called by Chancellor John R. Richards of the state System of Higher Edu cation. Richards told the University of Oregon Advisory Council he will name its members and others to a faculty committee to make nominations. The selection is up to the state Board of Higher Education. Dr. O. Meredith Wilson an nounced last week he is resigning the position here to become presi dent of the University of Minne sola. FOR SNOW and ICE REMOVER Contact Walt Wiesendanger Phone 4-3645 2032 Earle St. Klamath Falls, Oregon Will not harm concrete, gran or vegetation LePointe't Charge Accounts re F-L-E-X-l-B-L-I Look At This One! 1955 Cadillac Coupe DeVille $219500 Truly an elegant car in immaculate condition. A one owner car that has had the best of care. Low mileage, full power including windows and seat. Per feet from the upholstery to beautiful two-tone green finish. Buy it for less than half of its original cost. Sure, we'll take trades. See It! Drive It! Eccles Motor Co. 606 So. 6th LOW PRICES PLUS IS ORE EN Stamps POWDERED or BROWN Mb. Pkg. s Gold Medal 10-lb. Bag NULADE (S)C Dpi. CjjTJ 1 1 flflARCARIN DELRICH COLORED CUBES J0M1 JUICE Premium Brand 46-oi. Tins 5: 00 Morrell's Palace Brand 2-lb. , . SLICED " APCTfi'V BACON 79 lit. Ground Fresh Daily 4-Lb. ( 0 C PURE GROUND l (OjC CELLO (OiSi BEEF u. BAG .Sf CALGONITE ZEE X, CLOROX -KARO Imitation Maple Syrup 20-oz. XCc 100 Ft. 0e 'a OCe 24-oz. Sftc Pkg. 4 O Roll ' Gol. JJ Jar OO CARNATION -as 7-Tff-$ 1 MARSHMALLOWS Doumak 1fl 10-oz. pkg. 1 7C CHIFFON TOILET TISSUE OQ 2 Roll Pack ZC BABY FOOD Gerber's Strained 1079c Early California Pitted OLIVES No. 211 O tins 89 ENERGY GENT 55c DETERGENT Giant Pkg. Hormel Spam 49 12-oz. Tin KAISER ALUMINUM FOIL 25 Ft. nn e Roll JJ KLEENEX 400 Count Box 379c STA FLO STARCH Vi Gal. 49c TREND 2.. pk9s. 39c TREND LIQUID 32-oz. 69c SNOW'S CLAM CHOWDER 15-oi. Tins 89 STEERO Boullion Cubes Pkg. M c of 12 LIBBY'S Vienna Sausage 24" 49 6 SCOT PAPER TOWELS Giant 1 00 O Rolls I SAUERKRAUT "'n.-' ti 15c DEVILED HAM 21c nr FAAIV Vet's uuu ruui; CHUNK TUNA 26-oz. Tin White Star No. Vi Tins 229c 385c If You're 'Not Shopping Here, You're Spending Too Much! PRICES EFFECTIVE THROUGH WEDNESDAY NIGHT liliWIW I Cm inM3?iArs o as eg) o m& & mm wm. mm mm. m w a m . - -
