davidaulloa/AmericanStories huggingface dataset:
Evening star., 1952-06-24
T. Y, Brown
tCentinued From First Page.)

ut is false eeonemy to think In
terms Of maintaining old school
buildings not properly designed fol-
recreation and library use" He
pointed out it would cost the Dis
trict an estimated $4,000 to rem
oyate the present building coma
|pletely.
Favers Modern Building.
The budget officer stated, how
ever, that he recognizes the need
for a library and community CEN
ter building at the present loca=
tien. He added that he favors
construction of a modern build
ing on part of the lot which might
be retained by the District.
In any event he opposed demo-
lition of the present building until
all questions of coming and cove
|nants are studied, and Congress
gives it's approval to erecting a
new building for library and recre-
alton purposes.
The Commissioners gave no
reason for their decision not to
dispose of the property, Also
there was still no clue on why
Mr.. Fowler was ordered nearly
two years ago to prepare the
report on possible sale of the
building. He mentioned in his
memorandum that the request
apparently" was based on COM
plant, the details of which We're
mot known" to him.
Evening star., 1952-06-24
prlchard's Civil Rights
Restored In Kentucky
BY the Associated Pres.

FRANKFORT. KY. June "a
E. F. Prichard, jr., of Paris, KY,
who served in Federal prison on
conviction of ballot-box stuffing,
has had his voting and civil
rights restored.
The 35-year-old ene-time aide
to top Government officials in
Washington was given a two-year
term. Sometimes called the
wonder boy" of the New Deal.
Prichard entered the Federal COR
rectional institution near Ashland
July IA, 1850. He was released
the following December 81 after
President Truman eommuted his
sentence. The alleged fraud was
committed in 1948 in Bourbon
County, Kentucky.
Last February, Prichard's friends
asked Gov. Lawrence Wetherhy
to restore his civil rights. But
the chief executive commented
yesterday he had declined to take
action until the State Parole
Board studied the petition and
recommended it.
They wanted me to go ahead"
Gov. Wetherby added, referring
to Prichard's friends, "hut I re-
fused. told them it had to be
handled just like any other case.
and it was.'
The order restoring Prichard's
civil rights was dated April 28
and the Governor and Assistant
Secretary of State, Mrs. Susan
Bond Rutherford, affirmed it when
asked about it yesterday.
Evening star., 1952-06-24
VoNine Reports of Trensit Income

Variations are to be found if
the net ineeme Of the company as
to the PUG is compared
to the net ineeme reported by the
company to the Securities and Ex-
change Commission. For instance.
le42 FepaFt to SEC Is s91 900 more
than l94a report to PUG.
The reports to the PUG car
ried net ineeme directly to earned
surplus. Money for certain re-
serve funds then were taken from
the earned surplus.
The private accounting firm that
checks Capital Transit's books de-
Quoted the reserve funds freH net
ineeme and shifted the remainder
to earned surplus.
Evening star., 1952-06-24

was issued, would prevent any
mass eutnut Of celer equipment.
Tins situation is expected to con
tinue at least TIVE years. Mr..
Fowler said.
Engineers Are Scarce.
First reaetien in industry circles
in New Yerk was that the NPA
erder weula have little or ne effect
an the manufacture Of eeler IV
sets for the heme because Of a
shortage Of engineers.
There was no immediate COM
ment from the Columbia Broad
casting System. It had started
celer telecasts ON q limited basis
June 25, 1851, fellowing a Supreme
Court decision uphelaing the Fed
eral Communication Cemmissien's
adoption Of the CHS color methed
as the national standard. They
were halted Immediately with the
ban on celor set production.
The only company that had put
color sets on the market was the
eBs manufacturing subsidiary,
GBS=G Columbia, Inc. David Gegan,
president, said today the company
had not yet studied the NPA's new
order and was unable to say
whether it would be able to resume
manufacture Of celer sets.
MIR. Cegan said that if its allo-
catian Of materials available for
celor sets was SO small as to permit
manufacture of enly q few, it,
would not be worthwhile to set
4p production lines for them. But
# it were allowed enough materials
to make sizeahle numbers he said
that would be a different matter.
Evening star., 1952-06-24
TV
teentinued FFem First PAGE,

teeatinued Fram First Page,
companies have been pressing
NPA fer relaxation Of the order.
Mr: Fowler said industry spekes-
men have informed NRA thai
NEST producers are heavily en-
gagged in defense werk on radar
radio and eleetronies for the
armed ferees. They also believe
ne said, that hroadeasters rare
net disposed or prepared to offer
celor televisian programs"
Tests Are Provided.
Therefore the NPA chief said
he did net antieinate that many
flrms would file applications to
undertake eeler TV production al
this time. ANY applications filed
will be investigated carefully, he
said, before production will be ap-
|preved.
The applicant must meet these
tests:
!. He previously has made q
substantial investment in research,
deVelepment or ether preparations
to produce eeler FV equipment.
2. There will be no diversion
frem defense activities of teehni-
clans, engineers, craftsmen, physi-
cists or teei and die makers.
9. Government eleetrenics con-
tracts are on schedule or, if be-
hind schedule, the delay is not
caused by a shortage OF tech
nieians.
4: The manufacturer will refuse
no Government contract or sub
contract because of his color IV
activity.
S. He win need no additional
alletments OF steel, copper or
aluminium.
Criticisms Raised.
With regard to the last point,
several firms hit by the ban had
complained that color IV required
no critical materials WHICH they
were not already receiving for the
manufacture of blaek-and=white
sets. for which sales were lag
ging.
Another criticism of the ban,
which MIR. Fowler said he con-
sidered justifiable, was that it dis
criminated against firms devoted
solely to the development of color
TV and also interfered with the
entry of new firms anu new de-
velopments in the industry.
Whereas the prohibition did not
block research and development, it
barred any utilization Of the re-
suits of the research in products
for general use.
NPA indicated its belief that
the shortage of electronie engi-
neers and teehnicians, which has
become more acute since the order
Evening star., 1952-06-24
langer-Aandah| Race
Features Primary In
North Dakota Today
ey the Associated Press

BISMARCK, N. Dak., June "a
Two Of North Daketa's best
kRewn political figures are CEN
testing for the Republican nom
inatien for United States Senator
IN the top race in the State pfi-
nary today.
They are Senator William Ian
ger and Representative Fred Aan-
dahl. Mr.. Aandshl has never
been defeated in a Statewide
contest. He is now serving his
first term in the House after
three terms as Governor.
Senator Langer, who is seeking
his third Senate term, previously
served as Attorney General and
Governor.
Head Opposing Factions.
The two men head opposing
factions of the Republican Party
Senator LANCER the Non-Partisan
League and Mr.. Aandahl the Re-
publican Organizing Committee.
Nominees are to be chosen by
both Republicans and Democrats
for a full slate of national and
State offices, but there is only one
contest on the Democratic side.
This pits H. A. Morrison against
Peter zappas for the senatorial
nomination.
Both Senator LANCER and Mr..
Aandahl have put on vigorous
campaigns and observers are pre-
dieting a record vote as high as
215,00O.
G. o. P. Congress Candidates,
On the ballot for Republican
nominations for Congress are
Representative Usher 1. Burdiek
and Orris Nerdhaugen, beth in
dorsed by the league; Otto
Kreuger and A. r., Bergesen,
backed by the ROC, and Clyde
Byerly, an unsuccessful Demo-
cratic candidate fer Governor ia
1850.
Evening star., 1952-06-24
Compony's Rute Of Return

Mr.. Flanagan's figures on what
the company earned aud netted
on its extremely profitable oper-
ationS during war years give a
misleading picture. The figures
are given in a letter to the House
District Subcommittee of jan
uary 8.
The rate of return from 1912
to 1945, respectively, was listed
as rs per cent. 6.5 per cent, 81
per cent and SO per cent. pre-
Isumably reasonable rate Of re-
turn,
The actual rate Of return for
these years was 1l.6 per cent, II
per cent, 90 per cent, and Ill
per cent, a very high rate Of re-
turn.
The handling Of tax refunds
and other factors accounted for
the actual higher rate Of return.
Evening star., 1952-06-24

The rates Of return cited In the
letter are the rates earned in each
Of the years indicated, based upon
recorded net operating income re-
lated to q deprecated original
cost rate base.
The higher rates of return
which the Landis report cited were
taken from a later PUG order.
They were figured by applying
retroactively the tax refunds and
other adjustments which could be
known only after the period to
which they apply.
Such data have never been con-
cealed from anybody. If one
paragraph had been added to the
letter in question. explaining the
effect of the retroactive applica-
ton of the adjustments as out
lined in he PUG order, the basis
for the major portion of the Lam
dis report would have been elimi-
mated.
Evening star., 1952-06-24
overoccruoI Of Texes

The company has been allowed
to put too much money in the
kitty to pay income taxes that are
coming up at the end of the year.
This kitty grew SO that in 1949
the company transferred $500, 900
and later s70,936 from the tax
reserve fund to the earned surplus.
This covered extra money saved
for taxes from 1912 to 1945. Such
overaccruals distort the net op-
Grating income figure and also the
net income figure.
Evening star., 1952-06-24
Igor Cassini Gets License
To Wed Miss Wriqhtsman
BY the Assoeioted Press

NEW YORK, June 24.-Igor
Cassini, society columnist, and
Charlene Stafford Wrightsman, "a,
former wife of the screen actor
Helmut Dantine. obtained a mar
riage license today.
Mr.. CaSsini, 81, conducts the
"Cholly Knickerbocker" column
for the New York Journal-Ameri-
can. His two previous marriages,
to Austine Mcdonnell and Darrah
Waters, ended in divorce.
Mr.. Cassini's bride-to-be is the
daughter of the Texas Gilman
Charles B. Wrightsman. Her mar
riage to Mr.. Dantine ended in a
divorce at Palm Beach, Fla, in
June, 1850.
Evening star., 1952-06-24

which q number of listed stores
IN the groups subscribed.
Mr.. Hamill testified later that
Mr.. Rranham looked into the situ-
|ation after other District retailers
"eemnlained that this was a price,
fixing arrangement" Mr.. Bran
ham also was investigating the
complaint Of another District
dealer that a distrihuter had
threatened to eut off his supplies
because he was selling at cut
rates, Mr.. Hamill declared.
Little Dene on Complaints.
He added that little was done
on such complaints after the
spring of 1947, although I'VE got
complaints from Washington as
Well as field Offices"
In his statement, Mr.. Bergson
disclosed also that Mr.. Branham
had given him a rumer in Novem-
her, l948, to the effect that one
large distiller did not fear an
antitrust probe because he had
made substantial political cam
paign contributions. Mr.. Bran
ham, in his testimony, stressed
that he did not then or now yeuch
for validity of the rumor.
Mr.. Bergson, however, indicated
the rumor played part in his
decision to order the limited liq-
uer industry survey.
He said he excluded Mr.. Bran
ham from the inquiry because 4
knew he had discussed possible
employment with one or two of
the major liquor companies" He
said also that he wanted the study
made by lawyers "hetter qualified
to handle complicated antitrust
problems"
The allegation that he had
sought job with liquor interests
was not raised during Mr.. Bran
hams testimony.
Wrote Separate Memes.
Mr.. Rranham testified he wrote
a separate memorandum last
month, after he was asked by Mr..
Hodges to check the one to be
sent to the Chelf group. His
memo cited previous recemmeH-
datiens he had made fer full
scale liauer probes, Mr.. Branhsm
said.
He added that Mr.. Hodges used
very violent terms" and called
him "a constant grippe" in the
division, after receiving his memo.
After the testimony, Mr.. Hodges
leaped to his feet and asked Mr..
Chelf If he could answer Mr..
Branham's statements immediate
ly. The chairman replied:
"You, sir, shall have a chance
to be heard. ;"
50. after the press has spread
his story all over the country
Mr.. Hodges broke in heatedly.
Evening star., 1952-06-24

The PUG action in writing of
in 1916 So million of excess cost
on the property account has been
largely responsible for placing the
company in an enviable capital
position.
However, in q sense. its capital
position has been too enviable.
Idle cash is costly to the public
as well as the investor.
It is the rapidly decreasing debt
of the company that is disturbing,
A company such as this, in order
to lessen the costs of its capital
investment and thus require a
lesser rate of return, should have
a reasonable funded debt.
Evening star., 1952-06-24
Transit Reports Compored

Public Utilities Commission Chairman Flanagan
the much puhicized Lnd crtcng both the and
the capal Transit Co. fer the transit situsten full Of
confusing and baseless theories and charges. =
The report prepared Iand former chairman
ef the Securities and Exchange c9mmon for District
Subcommittee. - - ' s
Nh Fsnagans answer will get public airing first before
senate District Committee today however Nominated
term GA the PUG Mr. Flanagan
who must confirm his amendment HIS rehutta Of the
lana renert ae is defense of his actions PUG chairman.
The conflicting views of the major issues follows
Evening star., 1952-06-24

No. disagreement is bad with
the points that the fare increases
were reasonable and that rising
costs must be expected.
The suggestion to stabilize the
fares is another matter.
1t is evident that one prerequi-
site to the accomplishment Of
this. objective would be the stabil-
ization of wages and material
costs. This is a problem that en-
cages the endless attention 6f q
number Of Federal agencies.
Without the solution to that
problem it Is impossible for the
PUG to do otherwise than to con-
|cern itself with the ilnmediacies
lof the situation.
Evening star., 1952-06-24
Fare Increases

1t cannot be fairly said that
any one of these fare increases
flour since 1947 was not neces-
sary. With the rising cost of liv-
ing, future fare increases must
be expected.
An attempt should be made to
stabilize the fares. Constant
changes in fares is resented by
the public. They can be avoided
by appropriate long-range plan
ming by the PUG and the COM
pany.
The present approach of the
PUG is too concerned with the
immediacieS Of the situation.
Evening star., 1952-06-24
FLANAGAN.

Congress AUTHORISED rapid amor.
tizatien Of emergency equipment
during the war years and CAPITA.
Transit Co. did so in accordance
with the law.
The company waited until De-
cemher. l945. to elect to take ad-
vantage Of this nlan. When the
tax refunds came to the company
they were put in the earned sur
plus fund. The tax refunds were
the property of the transit COM
pany.
They could have been used hy
the COMPANY as q basis for pay
ment Of dividends and the PUG
could not have prevented such ac=
tian. Fortunately for the public
interest, the company agreed with
a PUG suggestion that the money
be used, along with other funds in
earned surplus. to write off in
fated property accounts:
As to recanturing these tax re-
funds, the Lands repert fails to
state how, under the laws and de-
cisions of the courts, this eemmis=
sion Or any other Federal agency
including Congress itself could
accomplish this result.
Evening star., 1952-06-24

Figures reported by the corn-
pany to PUG cover transit opera
tions only. The net income re-
ported to the SEC reflect con-
solidated net income and include
the operations of two subsidiary
companies over which the PUG
has no jurisdiction and for which
no reports are required.
PUG methods of reporting diff
fer slightly frem that of the
transit company's auditors. The
different bookkeeping method of
getting the reserve funds has no
affect On the public.
They are taken from net In
come on one set of reports and
earned surplus on the other. The
net operating income, which is
reached before net income is fig
ured. is not affected and it is the
net operating lneeme that is used
in rate fixing.
Evening star., 1952-06-24
he 1916 Write-Off

This statement defies logical
Interpretation. The company had
on its books amounts in excess of
the original cost Of certain prep
erty.
This money had not been al
lowed in the rate base. The rate
Of return Of the company is cal
eulated on a rate base, which
represents the investment of the
company based on original cost of
property: No part Of the earned
surplus of the company had been
built up thraugh earnings on this
infationary amount.
The transit company voluntar=
lily used So million of it's own
earnings and surplus to help
eliminate this inflatienary item
from the books. BY SO doing, it
placed the So million where it
could net be declared as dividends
to Stockholders.
Evening star., 1952-06-24
Tex Refunds to cspiteI Trensit
TANnJS EG ana1aHr
LANDIS.

Capital Transit CO. got tax re-
funds Of more than $3 millian
covering the war years. These
game about when the government
permitted the company to AMOR
tie certain .eauipment over a ave=
year period rather than over the
normal life Of the property.
The issue is not the wisdom
of the decision. The company
was wise to do it from a business
standpoint. The criticism results
fran the way the tax refunds were
handled.
These tax refunds and other
savings from over-accruals of
taxes, instead Of being simply car
rled to earned surplus and thus
benefitting the stockholders alone,
should have been recaptured for
the benefit of the puolic.
Had the PUG required these tax
refunds to be credited to the de-
pfeeiation or even to a special
tax reserve to be amortized over
the years by the tax savings not
realized through later years be-
cause of the accelerated amorti-
cation. the public rather than the
stockholders would have had the
benefit of the tax savings.
The 1916
The aetian of Capital Transit
Co. in reducing its property &C
count by charging earned surplus
teek nothing cut Of the company
ln the physical sense. Its effect
was to freeze in the company some
s8 millien that otherwise would
ae available fer dividends.
No particular beneficial effect
has extended fram such action,
since the s. millien already had
been excluded frem the rate base.
It has been difficult for the COM
eany to emnley it's mounting cash
reserves usefully, ether than byj
reducing its debt, a practice that
has continued since le46.
Evening star., 1952-06-24

Books for the year must be
closed and the money held out
for taxes well in advance Of filing
income tax returns. The actual
tax bill Is not determined finally
until Internal Revenue reviews
returns, sometimes several years
after fling.
Conservative accounting would
require the accruals be sufficient to
cover whatever tax bill may be
coming up. PUG has no control
ever amount Of accruals. the
|amount of tax paid or the date of
payment.
PUG does check to see that the
|amount held out is reasonable on
the basis of known facts. Deter
mination of proper accruals for
Income taxes is probably one of
the most difficult problems fac
ling PUG.
Evening star., 1952-06-24
Copitol Position of the Company

The facts do not support the
conclusion that the reduction in
debt has adversely affected the
public by resulting in an allow
ance of higher rate of return.
PUG feels the transit company
should strive to eliminate all
funded debt and maintain q cap
ital structure consisting of COM
mon stock and short-term notes
or equipment trust certificates for
the purchase of new equipment.
The PUG does not agree that any
advantage would result from a
reasonably high debt ratio.
Evening star., 1952-06-29

W7HAr can you believe about the Olympic
w Games? There are critics who will say
the peaceful nations of the world should not
mingle with the dictator countries in the
Games of the 18th Olympiad opening July 10
in Helsinki You may be told that the Games
are breeding ground of ill-will; they bring
on political repercussions which will take the
four years between them to correct. Quite
likely the claim will be made that the 100000
we are spending to send team to Finland
would be better allocated for aid to needy
foreign nations.
Still Others will assert that the Olympic
concept of pure amateurism is outdated. ''It
won't work any longer" this plant goes.
This world has become too materialistic."
What is the truth?
Evening star., 1952-06-29
by Avery Brundase
President, United States Olympic Association

The truth, as l have found it in circling
the globe many times in the Olympic cause
the past 40 years, was stated by Hungarian
youth who competed in the weight events at
the London Games in 1913. Contrast his
words to those of the pessimists who preach.
that anity and understanding among ooun-
tries are an empty dream.
Where Fair Play Rules
IF EVERY person could have such an expert
ence as this, how wonderful it would be-"
this young man from an occupied land told
me with deep sincerity. Then there would
be no hard feelings and few walls between
peoples, let alone wars"
The truth about the Olympic Games is
many things. 1t is dead-game Czech distance
Evening star., 1952-06-29

runner collapsing near the finish line and
being helped up and given first aid by Nor
wegian, an American and Korean. 1t is a
tiny japanese, outclassed in the 10000 meters
moving to the outside of the track so that a
Pole and Finn might have chance to break
the Olympic record. 1t is the universal desire
to play fair in the most hotly competitive OF
contests by men of every ideology and race.
The truth is what US. Consul Cecil Cross,
speaking from Cape Town. said after we sent
a team of picked Olympic stars to SCUM
Africa not long ago. 'In the years nave
been stationed here, can't recall anytnine
so beneficial in removing misapprehens'on ana
antagonism toward the United States as TINS
tour" wrote Cross.
Ifyears of travel throughout the world have
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1952-03-08

was victim q multiple stab
wounds 81 the entire lett side
from the thigh 10 the neck She
wa dead on arrival at MI
Carmel Hospital.
He'd f1i Investigation II nut
i..i i, thr mate Alphnn>p IS
l21 " tm usi,I Wh, pudlee sd
The Detroit tribune. (Detroit, Mich.) 1935-1966, 1952-03-08

80. n, - ''of - VI 49, y
lpf.s i'~I' 80
ielfls li-f rle'e 40 ~
~. ,,4f h,a n, n D.t' 'it
Before packed COURTROOM audience Judee
Ie,srie rei.inled CITY Of Detroit attorneys not
,rly 10 tel! cry oH,c,ais What the law IS but
requested ihaf Mayor cobo and Detroit Housin9
Commission chNtman Durbin 10 appear as "h-
oe,ses Al the nest heasinJ
n, ,nnu .-i ia -uit ~ tn- H.
SESSION .-.l., - eftt ,"e't. 'tr I oun't'
D.
bles o., sn,
a ,l. eal ne msr ,ni h'~
G.~ ,e 'Dd 81. 40 pupir lt"">'ns
k.t tb,..,'t. n.. .i."nart i,r, %"
ea2 i'.ns "a rt4t''" hpNetne u 81
r, at uAt ~! - Maspt Cpo' AZ ~'"-
Evening star., 1952-05-06

NEAR FAIRFAX VILLAGE, in Ceda,
Valley subdivision. 52nd and Ra-
leigh ave. Sc: New brick BUNGALOWS,
oedrms.. tile bath. full bsnt., eas
neat; Sl2,950. HARTMAN REALTY.
tNS; I342 Goodhope rd.. Sc. LU.
Evening star., 1952-05-06

VACANT-OFF ALA. AND so. AYES,
Four years old; spacious rms; knotty
pine rec. rm. with bar; fenced lot:
tuily equipped kit; best financing
low monthly payments; must be sold
TINS week. Mrs. Cox, LU. 2-SI36.
ATLAS REALTY CO., ST. 1868