davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-05-24

DEAR ABBY: I would like 10
tell that woman who signed
herself Capable Of Having My
Own" q few things for calling
adopted children SECONDHAND
tossed-out merchandise" Hav-
ing q child doesn't make a
woman a mother. She Is
darned lucky she Is capable Of
having her own because II the
adoption agency Investigated
her. she'd never get an adopted
child. They are very particu-
lar about who gets their babies.
Pardon me. Lady, but your
Evening star., 1958-02-03

Yet they probably would
cherish the one l picked up
while floating along in an Air
Ride Limited proffered by Jack
Daniels of Silver Spring. The
pedestrian walked up to the
side Of the car at a stop light
and asked simply: Does that
run as good as it looks?" II
does, for about $4,000.
Buick this year is pioneering
the deep filmed. aluminium
front brakes-a feature already
lauded by the magazine Sports
Car Illustrated in a plaque
calling the brakes an "out-
standing achievement and
significant contribution in the
automotive field"
4 X y
In a rush program to give
endurance information on the
new Allison engine which goes
into the LOckheed prop JET
Electra, pilots racked up 1,00C
hours in "a days.
The engine, Allison 501-D1;
and AerOprOduct 6O6 propeller;
were mounted in a Convail
leased from the Air Force anc
average II hours flight time
each day for "a days. Allison
says only routine line main
tenance was performed or
engine and propeller during the
program and no flight was de-
layed because of maintenance
items.
The new four passenger
Thunderbird, with a reported
5000 orders already in, goes on
dealer display February 13. but
there'll be one in WOOdy's
downtown window today in
connection with a carpet ex-
hibit. The convertible models,
due this spring, will have an
automatic disappearing top
similar to the retractable hard
top brought out by Ford last
Evening star., 1958-02-03
CHICO LIVESTOCK

CHICAGO. Feb. 3 01 (USDA) sal.
able hogs, 5000; moderately active.
steady to strong on butchers under 24C
lbs: heavier weights steady to ~
higher: sows scarce: steady: Fair ship
ping demand; No. 1-2 buthers rela-
lively scarce; 2-3. l9O-240 ID. butchers,
1900 10 80; several lots 1-2, 2OO-225
lhs;, l9 .50-19.65;. 100 head No. Is.
21O:220 lbs. uniform in weight and
grade. 1875; 20 head lot closely sorted
No. Is, 210 lbs, 5000; 2-3, 25O-2SO
S40 lbs. 1875: s-s. eso-31o 5'oaso Ibs''
1S.00-1S50: A deck No. 80, 800 lbs,
17.15: larger lots mixed grade rs
800 ID. sows. 16.50-17.5O; q few head,
325 lbs, 1878.
Salabie cattle $1,000: calves 100:
general trade slow on slaughter steers
and heifers; steers generally steady
instances strong on prime, and on
choice 95O-1,050 yearlings: heifers
fully steady. sows and bulls steady
instances strong: vealers steady;
stockers about steady: feeders about
steady; high choice and prime steers
% .00-31 80: 2 loads .l,15O-1. 200 lbs
81 80: 2 loads mixed high choice and
prime .275 lbs 29.50; good to aver
age choice 22 .50-26.50:. q load 925
u utility 1925; a load LOO u heit-
good to low choice 22.o0 to 24.50:
1880: Gamers and cutters 1850
19.00-2l 90: good and choice veaieTs
27.OO-32. 90: a few light culls as low
as 1000: q few choice S00-S35 lb
feeding steers 23.bO-24. 90
Evening star., 1958-02-03

-~-----.~~-~--
isn't Congress alone which
makes our tax laws. Congress
becomes of towering Importance
only when it makes a major
overhaul in the tax structure
and the last time Congress did
that was in 1854.
Whether Congress acts or
not, the tax laws are constantly
being altered, and often funda-
mentally so, by:
The Internal Revenue Serv-
ices rules and regulations;
The decisions of the courts.
Much of what you will read
in the next two weeks in this
space will be grim news-but
you must know what is going
on if you are to minimize your
liability under the tax laws.
Some Of it will be bright news
and again you must know
these aspects if you are to be in
a position to take full advan-
tage of the changes in your
favor.
More Paper Work
What sort OF news will you
be reading? The following is
a sample:
If you are an employe OPP
Grating On an expense account,
brace yourself for a massive
amount of paper work this
year. In 1857 the Internal
Revenue Service. by actions and
words. made it Enthusiastically
clear that it is out to get en-
ployeS who try to duck income
tax payments through expense
accounts. You'll have to keep
records to prove how much you
get in expense account money
in 1858 and how you spend it
and that goes whether you're a
top executive operating on a fat
expense account or an average
salesman being repaid for out
of-pocket expenses.
When you get around to
filling out your 1857 income
tax form 1040, you can ignore
line 6 (a) on page one-a new
line which the Treasury put
on the 1857 form to make it
easy for its tax agents to spot
people who get big expense ac-
counts. The reaction of tax
payers to inclusion of that line
was so hysterical that late last
November the IRIS backed
down. formally ruled you need
not fill it out this year. But
you have only a short reprieve!
The column on expense ac-
counts will tell you what to do.
, If you are a businessman who
gives minor Christmas gifts to
your employees. you're in for
Evening star., 1958-02-03
|hergentha|er
Profits Slip;
Reed Resigns

Martin M. Reed today re-
signed as president of the
Mergenthaler Linotype Co. j.
A. Keller, formerly executive
vice president, has been ap-
pointed to succeed him. Mr..
Reed will continue as a director
of the corporation.
Secretary Donald Reich an
nounced the company's net
earnings after taxes for the
first quarter of the fiscal year
1858, ending December 81, 1857,
totaled $148,700. This COM
pared with $617.486 a year ago.
Mr.. Reich said foreign divi-
dends received during the first
quarter totaled $2l $3.50 as COM
pared with $206,730 a year ago
He explained the reduction in
foreign dividends received is
accounted for in a large meas
ure by dividends usually re-
ceived in the first quarter OF
the year being due for payment
in the second quarter Of this
year
The company had outstand-
ing common stock totaling 443,-
GIT shares on December 81
contrasted with 471.374 the
prior year.
For the first quarter of fiscal
1858, net sales totaled $8,044,-
TIC, contrasted with $l0,003.-
OILS in the 1857 quarter. Mr..
Reich said the figures include
the consolidation of sales and
earnings of Davidson Corp, a
wholly-owned domestic SUBJ :
sidiary, and are subject to year.
end adjustments and annual
audit.
Mr.. Reed was born in Phila-
delphia January 9, 1912. and
after receiving degrees from Le-
high University and the Univer-
sity of Pennsylvania. was ad-
mitted to the Pennsylvania bar
in, 1886 and practiced law in
Philadelphia. In 1943 he be-
came assistant to the president
of Mergenthaler and was named
president in 1948.
Evening star., 1958-02-03

year. The rear deck opens and
the top folds into the trunk.
4
Robert NJ. Ruddick Of United
Air Lines well-deserving re-
gional affairs manager here.
and a trustee of the Aero Club
Of Washington, has been named
a vice president of United and
an assistant to w. A. Patterson;
will remain in Washington. >.
A color film with narration Of
the 1857 NASCAR (National
Association of Stock Car Rae
ing) 500-mile race at Darling
ton will be shown at a meeting
of the Metropolitan Auto Rae
ing Fans Club tonight. The
place: Guy Mason Recreation
Center. Wisconsin and Calvert
streets NV: the time 8 pm.
No charge that 18-foot
model of the Douglas DC-8 jet
transport used in one of the
Ice Capades scenes is supposed
to have cost $4,000 and was
built by Douglas through CO.,
operation of United Airlines.
Rambler sales in American
Motors Washington zone in
creased 31.7 per cent in 1867
for new record. National
Car Rental system is buying
$4,000 new cars, IS per cent Of
them FordS, Plymouths and
Chevrolets; Is per cent Bucks,
Edsels, Oldsmobiles and Cadil-
lacS. Bonanza Airlines has
doubled its order for three Fair.
child F-27 Silver Dart turbo-
prop transports. The Air
Line Pilots Association has
given Ohio State University
$500 more to continue the
Civil Aviation Medical Fellow
ship established last wear.
Evening star., 1958-02-03
WINGS & WHEELS
BY CHARLES YARBRoucH


What does a man say when
he becomes the first to fly an
airplane at 1900 miles an hour
Ia speed so great it blistered
the nose paint.
In this case. 1t. Col. Frank
X. lPete) Everest, radioed to
ground stations:
"Bingo!" And they knew
what he meant.
Col. Everest is in town today
to receive his share of the
Harmon Trophy for his work
with the Bell X-12 rocket plane,
the aircraft he flew to the
n ,900-mile mark. In a fine
piece of timing, DuttOn g. Co.,
also released his book today.
"The Fastest Man Alive, by
Col. Everest as told to John
Guenther.
With no difficulty at all with
the often-unwieldy perpendicu-
lar pronoun Q'O the colonel
and Mr.. Guenther have set
down a real-life thriller, from
a high school boys sworn dedi-
cation to aviation to this para
graph:
"It has always been my
dream to be the first man tC
land on the moon. If at such
time I can serve my country
better by doing so, it is my
desire that I be returned to
participate in the development
of a manned satellite or rocket
Iairplane to be flown into outer
space"
4 X 4 y
The automobile Buick figures
to cut a chunk out of Cadillac,
Lincoln and Chrysler Imperial
sales this year-the stately but
agile Limited-is beginning to
make its appearance in WASH
ington.
It's appearance at the top of
the Buick line this year was
marked by a great out-pouring
of well-deserved adjectives by
the manufacturers publicists.
Evening star., 1958-02-03

a shock. A Treasury ruling in
1857 makes the point that ever
such insignificant items al
small gift certificates are moi
just a business expense to you
They are additional compensa-
ton to your employees and the
Treasury says the gifts are
subject to withholding and So
.cial security tax and must bt
reported on Form W.!
Important Tip
If you are one of tksa million:
Iof physicians, lawyers, account
ants, etc., who buy accident
and health policies to covel
office costs if their earnings arr
halted by sickness or accident
here's an important tip: There
are two distinct types of in.
surance available for this pur.
pose and the two have exactl!
opposite results for income tai
purposes. And a court ruling
last year says that once you've
bought either policy. you ar,
stuck with its tax consequence!
regardless of what you may
have had in mind when vol
bought the policy.
And if you are among tht
hundreds of thousands of bust.
Inessmen who operate their en-.
terprises as corporations, heec
this warning: If you have re.
ceived payments from your firm
for business travel and enter.
tainment expenses, but vol
can't prove that you spent tht
money for those purposes
you're in for double trouble a.
a result of an IRIS crackdowr
in 1857.
What we are offering YOU
this year is something COM
pletely new in a tax series and
we're substituting it for oul
traditional annual analysis
giving hints on how to fill out
each line on your tax form. We
trust you will find it provoca-
tive and of real dollar-and-
cents value.
Tomorrow: The expense account
mess.
lDistrit gted 1858 BY the Hall
Evening star., 1958-02-03
FOREIGN EXCH'GE

NEW YORK, Feb. 3 R.-ForeiRn
Exchange rates. Great Britain in dol
lars. others in cents unchanged unless
otherwise notes.:
market Of 1889 per cent premium or
l01 .503s U. s. cents of u.
Europe: Great Britain (poundl 2S1A,
up 1892: 30-day futures $50 1916,
up 1872; 80-day futures 2.S0M. up
1872; 90-day futures 2.793s, up 3/32:
Belgium 0ranc) 2.O0is; France (franc)
.237s of a cent; Germany (Westernl
ldeutsche mark $3.50: Holland
(gutlder) 26.391a, up .00Hz; Italy 0ira)
;l6ls Of a cent Portugal (eseudol $500
lfranc) (free) 1894: Denmark (krone)
IA 80.
Latin America Argentina Cfree)
2.73; Brazil (free) I ,06; Mexico SOL:
Venezuela (bolivar) 3003;
Far East: Hong Kong dollar 1885.
Evening star., 1958-02-03

lion a year more than the
savers of America. are getting
from the banks"
He asserted since World Wal
II, competition between savings
associations and commercial
banks has aided the banks ano
benefited the American public
Ferris g. Co. Announces
Six Investment Courses
! Six investment courses for
the general public will start in
the Washington area in the
immediate future, George M.
Ferris, jr. of Ferris & Co. today
announced.
These courses follow: Feb
ruary 4, YWCA, Tuesdays, IL
IL am, 10 weeks. February S,
Catholic University, Wednes-
days, 7:30-9:00 pm, eight
weeks 1925 Eighteenth street
NV. February 5, Southeast
ern University, Wednesdays, g.
$3.50 pm, eight weeks.
February 6, Chevy Chase
Community Center - Chevy
Chase Circle, Thursday eve
nings, 8-10 pm, eight weeks.
For registration call Emerson
3-2440. February TO-. George
Washington University, College
of General Studies, Monday
evenings 10000 pm, eight
weeks. February 10. Depars.
ment of Adult Education. Alex
andria, Va, Monday nights. g.
$3.50 pm, eight weeks. George
Washington High School.
Two investment courses re-
Gently begun for which regis
trations are still being ac-
cepted: January 30, Depart
ment of Adult Education of the
Evening star., 1958-02-03
Soviet TV Expundino

LONDON, Feb. 3 (R.-Mos-
COW radio said yesterday 80
new television stations will go
into operation in the Soviet
Union this year. including one
at Vorkuta, IN the Arctic Circle.
Evening star., 1958-02-03
Ad Club Will Hear
Sounds That Sell"

Charles o. Wood, Washington
advertising Jingle producer.
assisted by several musicians
will present a, demonstration
of sounds that sell" at the
Advertising Clubs luncheon at
the Presidential Arms tomor-
row.
Mr.. Wood is expected to
create some new singing jingles
about club members and guests.
Evening star., 1958-02-03
'3s'. M BUSINESS
$6.6 Million Property
Bought by World Bank
BY WILLIAM A. MILLEN
star Stan Writer

In large real transaction involving $665O000 the
World Bank purchased property, in the vicinity OF
Eighteenth Pennsylvania avenue NV foreshad-
owing greater international money center
The star learned today that the World Bank bought
Evening star., 1958-02-03

District of Columbia, Thursday
evenings, 7::30-9::30 pm, eight
weeks, Roosevelt High School.
January 30, Department of
Adult Education, Arlington
County, Thursday evenings,
7:30-9:30, Washington & Lee
High School.
Evening star., 1958-02-03

n
the building at 1918 H street
NV. the Hurley Wright
Building at Eighteenth street
and Pennsylvania avenue NV,
the Premier Building at 718
Eighteenth street NV, the
adjacent parking lot and a
strip of land between the Hur-
ley-Wright and 1918 H street
NV. The Charles H. Tomp-
kins Co. figured in the trans
action, in which World Bank
President Eugene Black played
a prominent part.
In the last two or three years,
the World Bank had to expand
into the neighborhood for office
space. 1t occupied a number of
different locations. Recently.
these outlying Offices have been
consolidated at 801 Nineteenth
street, NV.
The World Bank took legal
title to the last piece of property
involved in the big real estate
transaction on Friday.
Some time ago the Interna-
tional Monetary Fund decided
to move out of 1918 H street,
NV. It's new building, con-
structed by the Charles H.
Tompkins Co. at Nineteenth
street and Pennsylvania avenue,
W., is now nearing compile
ton. The building is now about
half filled, as personnel moved
in. department by department,
over each week end.
Managing Director Per Jac-
7 obsson of Sweden and his staff
expect to move out about mid
March.
Dedication Is Set
The present schedule calls
for the International Monetary
Fund to vacate 1918 H street
NV. by March Is. A formal
dedication of the new building
is planned the end of April.
The building cost $4.5 million.
Future detailed plans of the
World Bank for the newly
acquired property are not yet
available, officials said.
Former District Commits
sioner Samuel Spencer and his
two sisters, Mrs. Violet S.
Thoron of Washington and
Mrs. Louise S. Cortesi of New
York, owned the Hurley
Wright Building and the prop
erty at 724 Eighteenth street,
NV, also involved in the
World Bank transaction. Mr..
Spencer said the purchase price
for this property was 81. .450, 900.
Loan Associations Assist
Bank Saver, Strunk Says
Commercial bank savers are
getting at least $3.50 million
more annually, thanks to the
competition of savings associa-
tions, a conference was told
here today.
The speaker was Norman
Strunk, executive vice presi-
dent of the United States Saw
ings & Loan League. He ad-
dressed the opening session of
the Leagues annual Legisla-
tive Conference at the Hotel
Statler- Hilton.
I'm large part because of the
competition for savings offered
by savings associations, COM
mercial bank savers are gener-
ally being paid one-half of one
per cent more than they would
otherwise be paid" he contend
ed. THAT is at least $3.50 mil
Evening star., 1958-02-03

This is the first Of O series Of 10
columns by Sylvia Porter on some Of
the significant tox law changes in
1857.
Evening star., 1958-02-03

In 1857 Congress made only
the most picayune change in
our tax laws-yet. vitality i'm
Iportant tax Developments took
place last year which will have
"a profound impact on the
pocketbcoks of millions Of
Americans.
For contrary to what I'm
certain is your impression. it
Evening star., 1958-02-03
MUTUAL FUNDS

NEW YORK. Feb. 3 B.-National
Association Of Securities Dealers, Inc:
moon QuOtatiOns)
Evening star., 1958-02-03

clan. the Electra provides for q 4-man
fight crew 1.-TWO pilots, radio operator.
and navigator).
Evening star., 1958-02-03
YOUR
MONEYS WORTH
Your Income Tox-I
~ SYLVIA PORTER

Collaboration with Research Institute
Evening star., 1958-02-03
NAVIGATOR TRAINER

In addition to the 24-man training group
of 16 students, six instructors, one master
radar station operator and one techni-
Evening star., 1958-02-03

year. The rear deck opens and
the top folds into the trunk.
Evening star., 1958-02-03
Introducing the new
RA
PROPHET
TRAIN ER

Americas first commercial prop jet transport the a-new
Lockheed Electra now in production for leading world
arlineS
Lockheed surveys of USAF training requirements formed
the basis for Lockheed designs proposed for trainer
Sons of the Electra The advanced Electra navigator trainer
and the eleconic countemeasureS trainer are both ideal
for these highly specialized missions Each combines new
concepts of ndviduazed student instruction. safety per-
ormance fexbiy and operaonal economy never before
achieved in arplane for Air Force training programs
LOCKHEED means leadership
LOckheed AIcrqf Corporation
CALIFORNIA DIVISION
Burbank, California
Evening star., 1958-02-03

Tomorrow: The expense oeeoun
mess.
lDistrit uted 1858 BY the Hall
Inc. All Rights Reserved,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-17

conciliatory. The policy must be
basically the same old one Of
trying TO do what's do-able at
the time, keeping an eye always
on Britain's main commercial
and defensive interests in the
Middle East.
To the Labor Party. this is
"muddling through" all over
again and 1t will work no bet
ter In the future than In the
past Is years. To the right wing
Conservatives - the old SueS
rebel gang--it's an admission
that Britain can be kicked
around by any bunch of ragged
upstairs wanting to try.
But anyhow, the government
is of on the middle course.
u. S. Aid Needed
The first step is to convince
Washington that American and
British interests in the Middle
East must be identical. II
America and Britain don't stick
together, any policy will fail
witness the policies on Egypt
which led the United States to
help ease Britain out of Egypt
and then resulted IN the blow
I'D of the Suez War.
But working together, they
can make sound if unspectac-
IulaE- headway. Witness the
landings in Lebanon and Jor-
dan which were tricky but
successful, the British govern
ment believes, and accom-
Iplished the main purpose Of
stopping suddenly the complete
breakdown of the western posi-
ton in the Middle East.
In this program of together
ness. the United States would
agree that British oil interests
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-17

extent as British companies
on q $3.50 basis In many Of the
producing areas. And London
says 1t Is In Americas selfish
Interest to keep Britain--Amer-
lca's only strong ally - from
being ruined by the loss Of
Middle Eastern oil.
Reds 70 Have Voice
Working together. the two
countries would approach the
Russians quietly and find out
what they would take to help
calm down the Middle East.
What sort Of deal could be
made--if any--is impossible to
know until it is tried. Britain
wanted a summit meeting on
the Middle East just so this
sort OF thing could be tried
during private meetings of Pres
ident Eisenhower, Prime Min
lister Macmillan and Premier
Khrushchev.
Perhaps the two allies could
concede in some degree the
Russian position in Eastern
Europe in exchange for Russian
Cooperation in the Middle East.
That's just one suggestion. but
the feeling is that there must
be something Russia wants that
would be worth giving in order
to get Middle East stability.
An eventual settlement might
include a Big Three guarantee
Of the independence Of all the
Middle Eastern countries. a
guarantee of the present bor-
derS. an arms import embargo
In the area and a Big Three
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-17

Arab states to negotiate a work.
able settlement in private.
Points TO Settle
This settlement would in
clude:
A British-American UNDER
standing that they must work
together from now on in the
Middle East.
Some British American horse
trading with Russia over terms
for stabilizing the Middle East.
A businesslike offer to the
Arab nations to buy what they
have to sell on good terms-plus
something extra for extra good
friends.
In the British view this is
o middle of-the-road program,
sounder but unfortunately less
attractive than some bold new
plan the public seems to de-
mand.
A really bold program could
take one of two forms: Either
a move to control the Middle
East physically-knock out the
Arab extremists like Col. Mas
ser by force of arms If neces-
sary-or accept the extremists
as the inevitable wave Of the
future, let them take over the
Middle East and then offer to
buy their wares.
There are men in the British
Foreign Office who argue for
both these plans.
Middle Course Urged
But the current winners of
the argument are the third
group that says the only prac-
teal path is down the middle.
They say Britain must be q
little bit tough and a little bit
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-17

Ioil profits benefit the Middle
Eastern people.
If the United States insisted
on an economic aid program
for the area run by the United
Nations. Britain would 60 along,
but with the warning that the
international civil servants
probably win waste most Of the
money spent.
Britain would rather see the
aid 60 to quiet, constructive
Arab governments and be with
held from aggressive, destruc-
tive governments. The big
powers putting UP the money
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-17

are Americas too, and Britain
would accept the basic Amer :
lean goal of keeping Russia out.
The British government
points out that American oil
companies share in the Middle
East concessions to the same
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-17
British-U. S. Accord
Seen Key to Mideost
BY RICHARD FRYKLUND

LoNDoN-As the British government is concerned
the United Nations the Middle East largely
thing be got with that the real negotiations begin
The feeling here that is good for the West to make
its before the u NJ but what really viii count in the
United States Britain. Russia and the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-17
sponsored economic develop.


sponsored economic develop
ment plan.
Turkey, Iran Ont
The British agree, however.
that the Western military al
lies Turkey and Irar-should
not be considered part Of the
Middle East.
With stability. Britain could
buy oil on reasonable terms
paying more than at present
for the oil. promising hands of
the governments producing or
transporting the oil and max
ing an honest effort to see that
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-08-17

could do this more effectively.
1t is felt here.
But most important, what