davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-02-23

I'm CohaDoratlou WIN Inc
If you use depreciable prop
erty-machinery, cars, factories,
etc.--in your business, watch
out for a Treasury drive to cut
your depreciation deductions.
The chief weapon Of attack is to
question the salvage value you
have or haven't been using to
compute your depreciation.
How does salvage value affect
your depreciation? For an easy
clue, consider how you depre-
ciate a $4,000 business car with
a four-year useful life. If you
forget salvage value, you deduct
81 900 q year from your taxable
income in each of four years.
But suppose you can reasonably
expect to sell the car for $1,000
lat the end of four years. That's
Its salvage value, and under the
law you can depreciate only
$4,000 of your cost--which cuts
lyour deductions from 81 900 to
$3.50 a year for four years.
| What difference does this
make to your pocketbook? II
you should take the extra ST 900
of deductions, it would cut your
ordinary income tax. Then, on
selling the car, you would have
a $1,000 profit presumably tax
able as a long-term capital
gain. In the so per cent tax
bracket, a businessman would
save $500 from the deductions
and pay only $3.50 on the profit
for a net cash profit of $3.50.
Alternative Described
If you didn't take the extra
$1,000 of depreciatic ) because II
represented salvage value. there
would be no $3.50 tax because
there would be no profit on the
sale Of the car, but neither
would there be $1,000 more Of
deductions to save $500 in taxes
This way. you're out $3.50.
In addition to hitting bust
nessmen who have been taking
mo salvage value, the Treasury
lis questioning situations where
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-02-23

an ordinary deduction-eapital
gain break which IL possible
when the straight line depre-
citation method Is used.
The court made another key
point in answering the ques-
ton: How long is the useful
life Of an asset?" The Treasury
argued and the court agreed
that the useful life of business
assets should be based on each
businessman's own experience
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-02-23

with such assets. II possible.
rather than on some general
average figure. II q certain type
Of car is considered TO have a
normal useful life Of four years,
for instance, a businessman
who replaces these cars every
three years would use three
years as his useful life in de-
preciating the cars.
Incidentally. this opens an
odd possibility. A person with a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-02-23

life expectancy Of Is Year, may
buy a new building with q nor
NAL useful life Of 80 years.
Under the Eeasury-court view,
he might argue that the useful
life Of the building to him Ia
only is years, thereby doubling
the amount of depreciation de-
duction for each year,
Tomorrow: Tax hints on
medical expense deductions.
Distributed. 1859, BY The Hail ayndi-
cate. Inc. All Rights Reserved.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-02-23

American painters and design
ers who have studied abroad as
Fulbright grantees.
The Fullbright program. en-
acted in 1916 as Public Law 584,
authorized use Of United
States-owned foreign credits TO
finance educational exchanges
between this country and vari-
GUS other nations. More than
10000 persons have studied UNI
der the program.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-02-23
FuIbright Artists
TO Exhibit Works

Senator Fulbright. Democrat
Of Arkansas, viii open an ex-
hibition Of "Fulbright Painters
and Designers" in the Natural
Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-02-23
YOUR
MONEYS WORTH
Income Tax Series-W
~ SYLVIA PORTER

I'm collaboration with The Research Institute Of Arerea)
If you deprecabe prop ian actual selling price
The Nome nugget., 1959-08-24
Sinclair Oil Executive Says Alaska Oil Presents Formidable New Problems But He Is Optimistic For The Future

ANCHORAGE-Difficulties en- countered by the oil industry in other parts of the world may in- fluence oil-finders to explore for oil in Alaska, the president of Sinclair Oil & Gas Co. said here today.
 William H. Morris, of Tulsa, Okla, told the Anchorage Cham Der of Commerce that the cost price squeeze and reduced allow ables in other states were factors in the industry's exploration ef- forts in Alaska.
 He traced some of the prob lems encountered by oil compan- ieS both in other states and in foreign countries.
 He said markets for Alaska's oil are more accessible by means of water transportation than from many other areas.
 Morris said the industry in All aska will be free of expensive and unnecessary requirements for close spacing of wells and will be able to obtain large lease blocks.
 Tt is clear already that while it may cost a great deal more in Alaska than in any other state to find oil and start it to market, it may turn out that it may produce more barrels of oil per dollar of outlay than in any other state," Morris said.
 The Sinclair executive, who has been on a weeks tour of Alaska, said his company is aware that Alaska presents formidable new operating problems such as wea- ther, rough terrain and lack of supply sources. As a result, he said, operating costs may be from four to 10 times those in the rest of the United States.
The Nome nugget., 1959-08-24

Morris said the percentage de- pletion provision of the federal tax law was unnecessary to en- courage oil companies to continue their search for new crude re- serves. A reduction in the deple- tion provision, he said, would cur tail exploration in all areas in cluding Alaska.
 "We are optimistic about the future of the oil industry in AL aska," Morris told the Chamber of Commerce. Sinclair looks at Alaska as a relatively longterm investment"
 He said the discovery of large reserves of oil will bring in creases in population, construc- tion of refineries, storage facili- ties, pipelines, and dock facili- ties, as well as stores, homes, schools, churches, and roads.
 AI IIlG SdIIlG I1IIl6 He CdQIlOueQ Anchorage business men that these changes would not happen overnight.
 Tt will not be easy" Morris said. ''In all parts of the world, oil is being produced and is look ing for markets. Some one will have to find markets for Alaskan oil against the fierce competition of oil from many nations. Those who produce and market your oil will need your understanding and your support"
 Morris has toured the state with Earl w. Unruh, president of Sinclair Pipe Line Co.,, Indepen- dence, Kans., and Loren l.. Ware, of Tulsa, vice president of Sin clair Oil & Gas, who is in charge of the company's Alaskan opera tions.
The Nome nugget., 1959-08-24
Navy Will Build Missile Subs But Carrier Remains Backbone of the Fleet

MINNEAPOLIS, Minn., LR - The Navy plans a fleet of about 70 balliStic missile submarines, but the aircraft carrier will re- main the backbone of US. sea power.
 Vice Adm. Wallace M. Beakley, deputy chief. of naval operations for fleet operations and readiness, said yesterday that the Navy will resist any efforts to increase the missile sub fleet beyond the size planned.
 He addressed the national se- curity commission of the Ameri- can Legion here, as part of the Legion's annual convention.
 Beakley did not elaborate on his comment about keeping the sub fleet down, but he appeared to be referring to the opinion in some congressional quarters ia Voring a larger force of the mis- sile subs. About nine of them are now on order.
 Legion committees spent the weekend hearing speeches and preparing resolutions. for the con- vention. Three days of sessions start tomorrow.
 At least one floor fight ap- peared to be in the making It concerned the ''Whites only" membership clause in the Legion's funmaking branch the FAC and B."
 The constitutional amendments committee dumped an Alaskan suggestion that the Legion-which has no color clause-require it's subsidiaries to throw out the re- quirement. Committee members said the Alaskan resolution was not in proper form.
The Nome nugget., 1959-08-24
Eight Feared Lost In Yellowstone Turn Up Okay

ANACORTES, Wash, R No thing to write about, the letter said.
 But it was just about the most important mail the postman ever brought to MT. and Mrs. Roy Maracich.
 It was from Mrs. Maracich's mother, Mrs. Virgil Keltz ST. and it was postmarked two days after the Montana earthquake in which the Maraciches had feared Mrs. Keltz and eight other family members, including their 8-year- old boy, had died.
 The letter arrived yesterday. It was postmarked West Yellow stone and didn't even mention last Monday nights quake.
 To add to the MaracicheS' joy, the Red Cross in Bozeman an nounced a few hours later it had found the eight persons. They were staying at a ranch near Ennis, Mont.
 In the party were the older Mrs. Keltz and her husband, MT. and Mrs. Virgil Keltz IT,, three Keltz children and young Peter Maracich.
The Nome nugget., 1959-08-24
Young Rockefellers In US. On Honeymoon

NEW YORK, R-Mr. and Mrs. Steven Rockefeller-the million aires son and the family maid he wooed and won in modern fairy tale romance-arrived from the brides native Norway today to set forth on an American hon eymoon.
 The newlyweds and the bride groom's parents, Gov. and Mrs. Nelson Rockefeller were greeted at Idlewild Airport by about 50 reporters and photographers plus a scattering of spectators.
 On the plane with the bridal couple were more than SO other passengers.
 Immigration and Public Health officials went aboard the craft in order to expedite the formalities necessary for them to re enter this country and be on their way to an unan. Id honey moon spot.
 At an airport news conference, young Rockefeller said he and his wife just wish ito disappear"
 After the honeymoon the couple probably will I've in New York City, the groom said, but the exact place hasn't been decided. He also said he expected to start working ''in the family business" !" but could not say specifically what he would be doing.
The Nome nugget., 1959-08-24
3 Hawaii Congressmen Seated Today

WASHINGTON. LR - HaWaii's s two senators and one representa- tive took office today.
 And Republican Sen. Hiram l.. Fong twice outlucked Democratic Sen. Oren E. Long and won both the title of senior senator from the new 50th state and a Six-year term.
 Long drew a four-year term.
 Vice President Richard Nixon administered the oath of office to the two new senators as crowded galleries looked on.
 Democratic leader Lyndon B. Johnson escorted Long to the Sen ate rostrum. Fong was accompan- jed by Republican leader Everett M Dirksen.
 In the House, Rep. Daniel K. Inouye, 34-year-old World War II hero who lost his right arm fight ing in Italy, raised his left hand and took the oath as it was ad-
The Nome nugget., 1959-08-24
Conferees Work to Reconcile Labor Bills

WASHINGTON, R-House and Senate conferees have moved into the last and most delicate stage of their efforts to reconcile the tough House labor control bill and the middle-of-the road Senate measure.
 Friday, they briefly discussed two of the controversial Taft Hartley law amendments, dealing with No Mans Land cases and prehire agreements in the con- struction industry.
 No Mans Land refers to cer- tain labor disputes which the Ma tional Labor Relations Board won't handle and courts have ruled state boards don't have jur- isdiction over.
 Earlier the conferees hammer ed out just about final agree ment on the first six sections of the compromise.
 They accepted the scaling down of criminal penalties for union officials who violate members rights, and they agreed to bring small unions under requirements for public reporting of finances.
 In both cases the House Land rum-Griffin bills provisions were tpntnfix1p1u ooooootaJ
The Nome nugget., 1959-08-24
Legion Told Alaska Is First Line of Defense For US.

MINNEAPOLIS, tR-America' s newest and WeSternmost states, Alaska and Hawaii, are security conscious and feel the need for adequate defenses.
 This word came today from delegates from the two states at tending the American Legion's national convention.
 Joseph, M. Briones, Juneau, Le- zion adjutant and service officer for Alaska said his state ''poss- ibly is the main defense line of the western states
 "We want Notifications and anti-miSsile stations in Alaska to stymie any possible attack on the United States" he said.
 Briones said the Alaska Legion is opposed to any cuts in the re- serves and National Guard in his state If we are strong, we would be able to hold off any attack. If Russia could take Alaska the So- viets would use it as a missile base if they wanted to attack the continental United States"
 Briones said Alaska veterans have a special problem the dele gation hopes to push on the con- vention floor this week. Prior to statehood, he said, veterans with nonservice connected disabilities could use the facilities of hoSpi tals contracted by the Veterans Administration.
 Now, he said, veterans are not entitled to this privilege. Briones said he hopes the Legion will back a bill now in the Senate to allow areas with no VA hospitals within 500 miles to revert to the former status.
 Briones said his delegation also is pushing a resolution asking the government for an extensive sub marine patrol in Alaska waters where, he said, there have been numerous Russian trawlers.
 James A. Ali of Honolulu, Ha- waii Legion department comman- der, said Legionnaires from his state feel the defenses of that area of the Pacific are adequate.
The Nome nugget., 1959-08-24

ministered by Speaker Sam Ray burn. He was escorted to the ros- trum by Rep. John Mccormack, House Democratic leader.
 Mccormack told the House to- day marked the first time in 160 years there had been no terri torial representation in the House. He said a total of 169 delegates from 31 territories have sat in the House.
 With Hawaii's senators and rep resentative seated the Senate now has 100 members. The number of House seats was raised to 437.
 Fong won the title of senior senator in a dollar-tosSing cere- mony in the office of Felton M. Johnston, secretary of the senate, which preceded the opening of the Senate.
 Long, on another flip of the dollar, won the right to make first draw for the longer term one expiring in January, 1865.
The Nome nugget., 1959-08-24
Committee Approves
 Billion Dollar 2-Year School Aid Program

WASHINGTON, R-The Sen ate Education subcommittee to- day approved compromise bill proposing a billion dollar, two- year program of federal grants to the states for school construc- ton.
 The measure would put up the money at a rate of 500 million dollars a year starting in the cur rent fiscal year, on a matched fund basis.
 The bill calls for a formula considering the wealth and popu- lation of each state
 Committee aides said the for mula would work out to cover a range of two federal dollars for each state-local dollar in the poorer states, up to two state local dollars for each federal dol lar in the richer ones.
The Nome nugget., 1959-08-24
Several Hundred Persons Stricken By Food Poisoning

Several hundred people. were stricken by food poisoning at weekend outings across the coun- try.
 Almost 1000 persons have been stricken in less than two weeks.
 About 145 became ill at the annual outing of radio mater ials firm at Attica, Ind, Saturday night. A week before, at Angola, Ind, at another company outing, 750 persons were stricken. That outbreak was blamed on ham sandwiches which had stood for several hours in an unrefriger- ated truck in 95-degree heat.
 In Cheyenne, Wyo., food poi soning struck down 94 people at two group picnics Sunday.
 In Milwaukee, IT persons were hospitalized after eating at cafe teria at the Wisconsin State Fair. In Cincinnati, at least Is persons were stricken after attending a religious singing festival.
 More than 50 victims were still in hospitals in Wyoming today while all but 12 had been sent home from Indiana hospitals
The Nome nugget., 1959-08-24
CARPENTERS REJECT NEW CONTRACT

ANCHORAGE, R-Alaska car penters rejected a new contract yesterday for the third time this year.
 The vote was 374 to 342 against acceptance, Vern Ingram,' chief negotjator for the carpenters. re- ported.
 The contract was decided upon at negotiations in Washington, D. c. It was accepted by the Associ- ated General Contractors.
 The proposed contract provided a 30-cent hourly increase over the present scale of $425 an hour, plus arbitration of some fringe benefits. The carpenters were de- manding a 50-cent increase, plus fringe benefits.
 Carpenters have been on strike since June 27, although they have resumed work on some defense projects.
The Nome nugget., 1959-08-24
SUNDAY BALL SCORES
 National Leaoue

National League Pittsburgh 9-4, Los Angeles 2-3 Milwaukee 2, Chicago 0 Cincinnati 5, St. Louis 3
 American League New York TO, Chicago 1-5 Cleveland 1-6, Boston 0-2 Washington 7-2, Kansas City 3-5
 Detroit g, Baltimore 5
 Pacific Coast League Salt Lake City 6, Phoenix 4 San Diego 3, Sacramento Spokane 5, Seattle 2 Vancouver 4, Portland l
The Nome nugget., 1959-08-24

Solomon's household was insig- nificant compared to the record chalked up by two African kings. Mtessa of Uganda and the King of Loango are said to have had 1000 wives.
Evening star., 1959-06-24
Luck of Irish
Wins Cadillac
In Montgomery

The luck Of the Irish paid
OF today for five Montgomery
County courthouse employees
who were presented with a new.
cream -colored Cadillac they
won In a Silver Spring Lions
Club charity drawing.
The lucky ticket holders, four
Of whom are on the County
States Attorneys staff, had the
ticket registered in the name
Of an Iirshman. James Patrick
Welsh, chief investigator in the
prosecutors Rockville ofiice.
The winning ticket was drawn
last night at a ceremony dedi-
eating the Silver Spring Boys
Clubs $500 athletic field. a
Lions Club gift.
Beside Mr.. Welsh, the other
winners we're Mrs. Margaret
williams, Mrs. Helen Saunders
and Mrs. Marie E. Stoos. all
secretaries In the States At
torney's office, and Howard
Smith, a Maryland Parole and
Probation Officer.
They plan to sell the car.
Evening star., 1959-06-24
Fairfax Backed
On Annexation

The Fairfax County Eco
nomic and Industrial Develop
ment Committee today support
ed ANY necessary steps" tc
prevent threatened annexation
by Falls Church and Alex
andria.
A resolution advocating any
form Of government that woulc
preserve the territorial integ-
rity and stability" of the coun-
ty was presented to the Board
of County Supervisors by Will
liam B. Wrench, executive di-
rector of the Development Com
mittee.
Stating that the county now
forms "a logical economic
unit" the resolution asserted
that through continued devel-
opment Of the industrial and
commercial potential the
county will be able to provide
residents with needed services
at a cost lower than or equal to
that of other political jurisdic-
tions in Northern Virginia. -
The Board Of Supervisors de-
cided to meet next Monday at
3 pm. to discuss with Attorney
Frank Ball and Common
wealth's Attorney Robert c.
Fitzgerald the possibilities OF
Incorporating as a city or any
other methods Of stopping an
nexation.
Evening star., 1959-06-24
School Financing
Faces Ruling

RICHMOND, June "a (AP)-
A friendly test Of the new STATE
law permitting county schoo'
boards to borrow school con-
struction money from the Vir-
ginia Supplemental Retirement
System without a referendum
was launched yesterday.
Attorney General A. s. Har-
riSon, jr.. asked the State
Supreme Court to rule on the
legislation. passed this year by
the General Assembly. Defend
ant in the friendly suit, will be
State Controller Sidney c. Day
jr.. who notified Mr.. Harrison
he had his doubts about the
validity of the law.
The legislation permits a
county school board to issue
negotiable bonds as evidence
of Indebtedness for school con-
struction without a referendum,
and the board Of trustees OF
the Supplemental Retirement
System to accept such bonds.
Evening star., 1959-06-24

Ter is a deputy assistant direc-
tor with the Federal Bureau o.
Prisons.
He said that Virginia Law
permits Government clerks ano
employees to serve on schoo'
boards. but excludes Fedora
officials. He said that MIR
Moeller's GS-14 position MAKE;
him an official.
After debate between PTA
leaders and Mr.. Thomson
Councilmen Joseph F. Pan
coast. Josiah S. Everly. James
T. Luckett and F. Clinton
knight voted for Mr.. Boyle.
Mayor Leroy S. Bendheim
and Councilmen John j. Ewald
and James M. Duncan. jr.
supported Mr.. Moeller.
Mechling Named
The council by a unanimous
vote reappointed Thomas B.
Mechling to a three-year term
on the school board beginning
July /.
A Virginia statute adopted in
1888 generally prohibits Fed
eral officials from holding local
Offices. but an act passed in
1928 specifically permits clerk;
and employees engaged in the
Evening star., 1959-06-24
Driver Sentenced
For Leaving Scene

A $3.50 fine and a suspended
six months jail sentence were
imposed upon a Silver Spring
motorist yesterday for leaving
the scene Of an accident on
June 8.
Judge John B. Diamond III.
also placed the defendant,
Walter Mutchko. Al. Of the
$500 block Of Caroline avenue,
on three years probation.
The charge grew out Of an
accident in which a boy was
struck while walking with his
bicycle on Franklin avenue at
Garwood street. Silver Spring.
Montgomery County police re-
ported. The boy, James C.
Clark, 10. Of 1904 Garwood
street. was treated by a ply
sician, police said.
Evening star., 1959-06-24
Fire Aides Body
Is Found in River

The body Of Joseph L.
Snouffer. Al, Of Clinton, Md.
was recovered from the West
River near Avalon Shores in
Anne Arundel County, Nd, last
night.
Mr. Snouffer, deputy chief of
the Andrews Air Force Base
Fire Department and member
Of the Clinton Volunteer Fire
Department. disappeared from
a small boat Sunday while out
in the river between Shadyside
and Galesville with his wife,
Mildred.
The Berwyn Heights Rescue
Squad found the body.
Funeral services will be held
at l0:15 am. Friday at the
Simmons Brothers Funeral
Home, 1861 Good Hope road
Sc. Services also will be held
at Christ Episcopal Church.
Clinton, at IL am. with burial
in Cedar Hill Cemetery.
Mr.. Snouffer joined the fire
department at Boiling Air Force
Base in 1912. During World
War II he served as an in
fantry staff sergeant in Europe.
Evening star., 1959-06-24
Newsmon Hit
ByHit-Run
On Shirley

A Washington news photog-
rapher was injured today when
struck by a hit-and-run driver
on Shirley highway. just north
of Washington boulevard, in
Arlington.
Frank P. Hoy, %, Of 34l9
South Stafford street, Arling-
ton, a photographer for the
Washington Post and Times
Herald. was admitted to Arling-
ton Hospital shortly after be-
ing hit at 12:47 am. as he was
walking to his home in the
South darlington apartment
development. He suffered null
tiple cuts of the face and body
and possibly other injuries.
Arlington police credited an
other news photographer with
finding the car which is alleged
to have struck him. Police said
Bill Little. photographer for the
Northern Virginia Sun, located
it parked about a block away
from Mr.. Hoy's home about
2:30 am, after the only de-
scription given was that it was
a green Dodge driven by a man
wearing a hat.
Police said they then located
the cars owner in bed in his
apartment in the 300 block
of South Wakefield street, Ar
lington. He is Frank j. Roman.
jr.. 26. a salesman, whom po-
lice charged with hit-and-run
driving.
Police said the left side of
the car was damaged and its
Side-view mirror was broken
off. A mirror was found at the
scene where Mr.. Hoy was hit,
police said.
Two witnesses In another car
told police a car was headed
south on Shirley highway as
Mr.. Hoy was walking in the
same direction in the middle
island Of the dual-lane road.
The witness told police the car
jumped the curb on the left
and its left side and mirror
brushed past Mr.. Hoy and the
car continued on without stop
ping.
Mr.. Hoy was walking home
from the Arlington Towers,
where he had attended the
semifinal judging in the Miss
District Of Columbia competi-
ton for the Miss Universe con-
test.
A hearing on the hit-run
charge was scheduled for today.
Mr.. Hoy is a twin brother of
Tom Hoy, a photographer for
The Star.