davidaulloa/AmericanStories huggingface dataset:
Evening star., 1960-05-15

billion this year. boosting cor
poration income taxes from
$22.2 billion this fiscal year to
$23.5 billion in fiscal 1861. Al
though there is no consensus,
some economists now expect
corporation profits to total only
about $40 billion or $50 billion.
with a consequent loss Of taxes.
Congress plays a major role
in the budget-makers' calcula-
tons on the spending side of
the ledger.
The President assumed in
submitting his budget that Con-
greSS would raise postal rates
by 1854 million. Since there is
practically no chance that Con-
gress viii comply. spending by
the Post ONCE Department will
exceed estimates by a big
margin.
Congress also is likely to vote
for bigger expenditures than
the President proposed in sew
eral programs. upsetting bud
get calculations. Pay raises for
postal workers and other Fed
eral employees would be one
example. and so would a pend
ing housing bill.
Evening star., 1960-05-15

HOT SPRINGS, Va, May IA
(AP).-Vice President Nixon
said today that tax reform
Observation-Disclosures some re-
duction of high bracket income
tax rates-may be possible next
year.
In carefully phrased replies
to reporters questions. the
prospective COP. presidential
nominee said he does not in
tend at any time in the elec-
ton campaign to state that
1--WE can positively have a tax
reduction"
Tax measures definitely
should not be debated in the
political heat of an election
year, Mr.. Nixon said. and the
whole question will depend on
the international situation. But
he acknowledged he had "been
doing some thinking in this
area" and went on:
eff we had met adequately
our responsibilities for national
security, and had a substantial
budget surplus, a new Congress
should be able to consider, in a
temperate and responsible way,
a tax reform measure.
Another Surplus Needed
Another surplus of about $4
billion-comparable to the one
in prospect for the fiscal year
starting Judy would be suf-
f1cient to permit Congress to
start work on a tax bill, Mr..
Nixon said.
He said any tax bill should
include provisions aimed at
stimulating business incentives,
productive investment and
economic growth.
Among these, he said, should
be an adjustment of some ex-
else tax rates which he termed
counter productive" a lib
eralization of depreciation
rules affecting industry, and a
reduction of high bracket in
come taxes.
The individual income tax
rates, Mr.. Nixon went on, are
not now designed to get the
most out of the economy and
have helped encourage an
expense account economy"
Mr.. Nixon made an off-the-
record speech last night to
about 100 heads Of major corpo-
rations, meeting here as mem
Evening star., 1960-05-15
Hiqh Brocket Tax Cut
Possible, Nixon. Says

bers of the Commerce Depart
ment's Business Advisory Coun-
Gil. The council is holding its
spring session.
Asked whether unemploy-
ment-which is still above
levels preceding the 1957-58
receSSion-might damage his
prospects in the election. Mr..
Nixon said: mo. not at this
level" There were 81 million
jobless in April.
The administration hopes and
expects that unemployment will
diminish. Mr.. Nixon said, and
council members here have
given him very encouraging"
forecasts of rising economic
trends through 1860 and be-
yond as we'll as assurances that
business and consumer conf
dence is high.
As Million Critical Figure
Moreover. he said, expert
ence has indicated that unless
unemployment moves over AS
million, it does not become a
significant issue in the minds
Of a great many people"
The Vice President conceded
that some economists are
quite bearish" over the ability
of the economy to absorb the
sharply rising numbers Of new
workers entering the labor
force in the years just ahead,
but:
Il tend to be optimistic that
economic growth will continue
to absorb the new workers and
reduce the general level Of
unemployment"
Evening star., 1960-05-15
Eisenhower Signs
Bank Mercer Bill
By the Associated Press

President Eisenhower yester-
day signed a bill amending the
Federal Deposit Insurance Act
to provide safeguards against
bank mergers or consultations
which might unduly lessen
competition or tend to create
a monopoly.
The bill provides for regula-
ton of mergers by various
Federal agencies, depending
on the type of bank involved.
Mergers would not be permit
ted unless the controlling
agency decided they were in
the public interest.
Evening star., 1960-05-15

priority on debt retirement
than on tax reductions.
The budget is an issue In
this years election campaigns
and controversy will increase
if it becomes clear that the
surplus will fall short of ex-
pectations. The President has
accused the Democrats of ir-
responsibility in proposing
spending boosts. Democrats
maintain they are reducing un-
necessary spending, and charge
the President with short
changing essential defense and
domestic programs.
January's budget estimated
the Government would spend
$79.8 billion and take in $84
billion during fiscal 1861, for
a surplus of $4.2 billion. OFF,
cials have not yet revised these
estimates in terms of hard fig
Evening star., 1960-05-15

billion target by only a small
amount.
No one in authority forecast
q bigger excess of Federal in
come over expenditures than
the President estimated in last
January's budget. Nor did any
one predict the surplus would
melt away entirely in fiscal
1861, which begins July /.
Shrinkage of the surplus
would jeopardize chances for
tax reductions next year. Only
a big surplus would permit
simultaneous tax cuts and pay
ments on the public debt.
Debt Payment Gets Priority
President Eisenhower and
many other political leaders
In both parties put a higher
Evening star., 1960-05-15

ures, but there is a widespread
belief that spending viii ex-
coed the forecast and receipts
will fall short. The Budget
Bureau will issue revised esti-
mates next fall.
Economy Shows Less Zip
Second thoughts on the
economy's behavior account for
much of the worry about the
Governments revenues. Al
though the Nation is generally
prosperous, the economy has
shown less zip than the budget
makers anticipated.
They predicted in January
that the gross national product
the total value of all goods
and services produced-would
rise from $480 billion in calen-
dar 1859 to $50 billion or more
in calendar 1860. Gross ma
tional product is perhaps the
best overall measure of eco
nomic growth. The size of the
gross national product in cal
endar 1860 has a lot to do with
the amount of taxes the Gov
ernment will collect to finance
spending under the fiscal 1861
budget.
Many economists now ex-
pect the gross national product
will miss the $50 billion target
by several billion dollars. The
Commerce Departments Busi-
ness Advisory Council, for ex-
ample, last week received ex-
pert estimates of around $507
billion.
Personal income was esti-
mated in January at $402 bill
lion for calendar 1860, up from
$3.50 billion last year. On the
basis of this forecast, the bud
get estimated individual in
come taxes would rise from
$40.3 billion this fiscal year to
$43.7 billion in fiscal 1861. Now
many economists expect per-
Sonal income to total a little
less than $400 billion, reducing
income taxes accordingly.
Congress Plays Role
The budget estimated corpo-
ration profits would rise from
$48 billion last year to $51
Evening star., 1960-05-15
Club to Elect

The Mems Club of st. Johns
Episcopal Church will elect Of
flcers for the coming year at a
dinner meeting at $3.50 pm.
Tuesday in the parish house,
1925 H street NV.
Evening star., 1960-05-15
Presidents Predicted
Surplus Held Doubtful
BY LEE M. COHN
Star stan Writer

The $42 billion budget surplus predicted by President
Eisenhower for next fiscal is in danger Government
experts warned yesterday.
Economic and political factors threaten the surplus
to 50 billion less officials said Others
optimistic predicting the surplus will fall of the
Evening star., 1960-05-15
Congress Plays Role

congress rays HOIe
The budget estimated corpo-
ration profits would rise from
$48 billion last year to $51
, 1960-07-09
Hilton Hotel Executive
Predicts Business
Rise at v. |. Hotel.

Although several plans for
expansion Of the Virgin Isle
Hilton Hotel in ST. Thomas
are under study, there will be
no rush to make changes in
view of the fact that the hotel
is already successful, Robert
j. Caverly, vice president and
general manager of Hilton
Hotels international, declared
Tuesday morning at a press
conference. The famed Hilton
chain took over operation OF
the former Virgin Isle Hotel
on July |.
Construction of a new hotel
on the waterfront, and a beach
development at Brewers Bay
were plans which are being
studied along with Henry
Kimelman, former president
of the Virgin Isle, it was said
, 1960-07-09
Motor Scooter Parked
In Front 81 ToWne
House is Stolen

Rafael RODRIGUEZ Cruz re-
ported to the Police that he
parked his motor scooter No.
COG outside of Towne House
on Queen Street in Christian
sted last night and that some
unknown person took it away.
Police headquarters sent out
an alert to look out for the
missing scooter.
, 1960-07-09
HERE: ANNOUNCES REDUCTN. IN PRICES
ESQ STANDARD OIL CO. OPENS PLANT
GOVERNOR MERWIN CUTS RIBBON
NJ OPENING PLANT

History was made in ST. Croix again when the ESQ
Standard Oil Company of Puerto Rico formally opened a
plant in Frederiksted for the storage Of gasoline and other
oils used for fuel A large number Of invited guests were
, 1960-07-09

Mr.. Caverly said that he ex-
poets to develop occupancy at
the Virgin Isle to a year
round average Of 90 per cent,
the same type Of percentage
enjoyed by Caribe Hilton at
1Gontinu,ed on page A.
, 1960-07-09
Couple V~ucutioninq
IT, ~
G1GIS ATG DOM MemDs
OF N. Z. Police Dept.

Mr. and Mrs. Michael Brady
Of Hollis, Long Island, New
York, are vacationing in Saint
Croix. They arrived here this
week. Both are members Of
the New York Police Force.
Mr.. Brady is a native son;
Mrs. Brady, however, was
born on the continent and is
seeing St. Croix for the first
time.
They are the house guests Of
Mr.. Brady's~ relatives, Mr.. and
Mrs. Christian Begraff. Mr..
Begraff is with tn Income
Tax Division of the Depart
ment Of Finance here.
, 1960-07-09

fleets increased efficiency. Any
time individuals or organiza-
tons or the community could
see increased efficiency, he
said, they have just reason to
be proud.
T h installation demon
strates several things that is
.ignificant to us in several
years. It offers an opportunity
for the Island Of St. Croix and
the Virgin Islands to give
more serious thought to the
possibility Of handling more
planes. # we are going to
HAYS jet travel in the future
We are going to be able to re-
fuel the jets through these in
creased facilities.
After citing the tremendous
strides made within the past
Continued on page a.
, 1960-07-09

0440 NAOSN ~ AA@A ~ =
present for the brief cere-
mony which took place at
10:45 am.
Stanley Schroeder, an official of
the Company recalled the
days when they had just
small business dealings; the
island has grown and with it
their business. They had to
seek a deep water terminal.
When the spot was found
some difficulty was encounter
ed but he said that Governor
Merwin was very helpful,
pointing out that there were
no rules or regulations that
such a plant could not be es-
tablished.
MI. Schroeder then pointed out
that the plant was a good, or
derby and safe bulk plant.
There was not much to see, he
said, but it was an important
cain from barrel to tankerage
both here and in st. Thomas.
Larger quantities m e a n s
cheaper prices and the savings
will be passed on to the peo-
pie Of st. Croix, he said. The
price of petroleum products as
of that moment he said would
be premium gasoline has been
reduced 5R cents per gallon;
regular gasoline reduced ~
cents per gallon; kerosene 3
cents and Diesel oil | cent.
Governor Merwin expressed
thanks to Mr.. Schroeder for the
good news" The Govern
ment is always happy to say
we have more revenues, more
taxes coming in but also
happy to hear news Of things
going down in prices. It re-
, 1960-07-09
VICORP Awurds Bid Motorcycle CrGshes
For TurbineG Generator Cor, Speeds AwuY:
Dist. Unit for st. Thos. Police Finds Il

The President of the Virgin A motor scooter crashed
Islands Corporation, DR.. Ken into the rear OF a Pontiac Sc
meth Bartlett, announced to- dan driven by Miss Ann
day that the Corporation had. Schrader, at the corner Of
awarded a contract to Worth s.Concordia Road & Salt River
ington. Corporation for a 1925 last night. The cyclist rode
XIV turbine generator plant to away, Miss Schrader notified
be installed in connection the Police Of the arcident stat
with the salt water distilla- ing that she did not know the
ton plant planned for Saint identity of the rider.
Thomas. Cleaver-Brooks Spe- Quickly the information was
cial Products Corporation has flashed to the Police radio
already been awarded the con cars and within a short time
tract for the salt water disti- t n e Police found Thomas
lation unit. Stanley with the motorcycle
The delivery schedule on the No. 90. The front FORK and
above equipment is approx fender were damaged.
mately 300 days, and hope is a simcas 3car onerated bv
expressed tnat me nseaAa1ion Grace Russell hit the rear
Of the equipment and con hummer &c ] Mercury driven
struction of the plant will be h. Henry Ford near the Alex-
completed IN tne TAI q 1Sol ander Theatre in Old Sunday
Evening star., 1960-06-12

Delegates to the conference
were told today that "75 per
cent of Methodist congrega-
tions and IL per cent of Meth
odist church members are To-
Gated in communities of less
than $500 population" and
that the average congregation
sis 1877 members" These figures
represent 28,946 congregations
and 2,969.8O9 members, the
report stated.
A conference budget of $738,
842 for 1960-1 was adopted by
the delegates yesterday. The
largest sum, $377,828, will go
to world service, benevolences
and the minimum salary fund.
A total of $3O9,527 was allo-
Gated to annuity payments and
relief of conference claimants.
American University and West
ern Maryland College will each
receive $4,000 and Wesley
Theological Seminary $4,000
for the year.
Approximately 1000 minis
terial and lay delegates. rep
resenting 10000 Methodists
in SAC churches, are attending
the annual meeting at Western
Maryland College. The con-
ference ends tomorrow when
PASTORAL appointments for the
coming year are read by Bishop
Oman.
Evening star., 1960-06-12
BY GEORGE WILSON
Star staff Writer

The Federal Governments
cooperative housing program
passes the billion-do mark
this month and at least one
expert claims it holds the key
to rehousing Washington's slum
families.
Cooperative housing is a to-
getherness approach. Families
who want to live together in an
apartment house arrange for
It's construction. After they
move in, they are their own
landlords. Their rents pay off
the cost of their apartments.
Eventually they own them.
Congress in 1850, under Sec
ton 213 of the housing act,
gave its blessing to this ap-
proach. The act authorized the
Federal Housing Administra-
tion to insure mortgages on
cooperative housing.
Today, a group of families,
a company or a labor union,
can get 81 per cent FILA in
surance on the mortgage for
a cooperative apartment
building. This makes banks
more willing to make big loans
for the building and conSe-
quently reduces the amount Of
down payment cash needed.
Over Billion -,
In the 10 years ending June
/, FILA insured or promised
to insure 1891 million worth
of these cooperative mort
cages on 1864 units at 1,767
different projects. Applications
on the way to FHA will put
the program over the billion
dollar mark this month.
Edmund J. Flynn, a leader
In the coop movement here, is
unhappy about the FHA's pro-
gram. He contends it violates
the principle of home owner
ship by forbidding tenants to
sell their apartments on the
open market. When they move,
tenants must sell their apart
ments back at book value to
the cooperative organization,
which in turn sells them at
market price.
Whats the difference" Mr..
Flynn asked in criticizing this
FILA regulation, "if homes are
vertical or horizontal? Why
shouldn't both owners be able
to sell their homes at market
value?"
Won't Enter
He feels so strongly about
this restriction that his firm re-
fuses to enter the FILA CO.
operative housing program. In
stead, it has built At co-opera-
tive apartment buildings since
1920 with conventional financ-
ing. The Potomac Plaza Apart
Evening star., 1960-06-12
Coop Housing in DC.
Neors ST Billion Mark

ments is one of his co-opera-
tives in Washington. His ten
ants own their apartments and
can sell or rent them. They put
up a sizable down payment
when buying their apartments.
Now, at II, Mr.. Flynn said
his dream is to put up a CO.
operative for low-income fami-
lies. He sees the 80 acres in
Northwest slated for urban re-
newal as a magnificent oppor-
tunity" for displaced families.
With FILA insurance, he said,
the down payments would be
low enough for the former slum
families to buy their homes.
Letting these families own
their homes would rehabilitate
as well as rehouse them" Mr..
Flynn contended. H ON
ownership puffs out a mans
chest. He takes a new interest
in life" He said public
housing could not do this be-
cause mo one like to feel he is
a ward of charity"
FHA officials readily concede
Mr.. Flynn is a time-proven ex-
pert on cooperative housing.
They wish he would enter their
program but do not see how
they can suspend the owner
ship regulation.
Cites Speculation
Lester E. Ogilvy, one of the
top officials of the FHA CO.
operative program, said letting
tenants sell their apartments
would lead to speculation" He
said Congress designed CO.
operative housing as housing
for use, not speculation"
Mr.. Ogilvy added that FdA
forbids tenants to sell their
cooperative apartments on the
open market at the outset. But
he said members of a co-opera-
tive could change their bylaws
by majority vote to authorize
market sales.
AS for the future Of cooper
atives in urban renewal areas,
he did not share Mr.. Flynn's
enthusiasm. "A lot would de-
pend on the cost of the land"
Mr.. Ogilvy said. But he said
he would be glad to see Mr..
Flynn come into the FHA pro-
gram and prove the co-opera-
tive is an answer to the prob
lem of rehousing slum
families.
Evening star., 1960-06-12

of whether a man is a Catholic
or a Jew or a Protestant
would not become u.s."
The noted Methodist bishop,
who retireS from active service
next week, made his remarks
during a farewell talk to the
Baltimore Conference at West
ern Maryland College. Tomor-
row he will deliver the sermon
at the 10:45 am. service in
Baker Memorial chapel.
Psychiatrist Arranged
DR.. Hurst Anderson, presi-
dent of American University,
yesterday told the conference
the school soon will have a
psychiatrist on the campus.
I'VE need a psychiatrist at
all levels of American educa-
tion," DR.. Anderson said. I'VE
are appointing one jointly with
SlDley Hospital. 1t is important
to pursue this problem Of
health education.
Reviewing the univerSity's
advances since 1852, the
speaker pointed out that I'VE
are now constructing the 10th
building on campus since that
year. We have doubled the
+ faculty and have almost
doubled their salaries. Our
student enrolment has gone
from $500 to more than 5000.
We have had a phenomenal
growth and that is what can
happen when a great church
decides to put its support be-
hind great institution.
Evening star., 1960-06-12
Bishop Oxnom Decries
RELIGION as Vote Factor
BY CASPAR NAMES
Star stan Writer

WESTMINSTER. Md. June 11.-Methodst Bishop G.
Bromley Oman of Washington today declared it right
to vote for against solely because of his religion
I'VE have got to make decisions of our best
Judgment Bishop Oman told the Baltimore Annual Metho
dist Conference solely upon the terms
Evening star., 1960-06-12
SWank Cuff Links

Beautifully styled for masculine
toste. GoId-fiIed, rectangular
shape with monogram set in
brushed stainless steel. 500
Evening star., 1960-06-12
GOIfing GiZ1mO

Practice with q reoI golf ball. i'm
prove your game at home in your
own yard. Simply insert metal
spikes and elastic at |, place a
real golf ball attached to line z,
on point 3. If the boil returns to
right, correct that hook re-
turns to left, correct that slice,
returns to center you've hit q 200
yard drive. 3.95
Evening star., 1960-06-12
Lord Buxton Wallet

The ConvertibIe@ in soft, supple
eoot skin. Removable pass case
and hidden compartment. Black
or brown. 500
Other Lord Buxton to 1000
The Farmville herald. (Farmville, Va.) 1957-current, 1960-08-05
Mrs. Nellie
Christian Dies
AT Arvonia, II

ARvONIA. Aug. - Mrs. Mel
lie Ann Christian. n. died Tues
day, Aug. 2, at her home here.
She is survived by five daugh-
ters, Mrs. Virginia Hill, OF Fred
ericksburg, Mrs. Lucille Hudgins
of Arvonia. and Mrs. Minnie
Stinson, Mrs. Winfred Jernigan
and Mrs. June McGhee. all of
Richmond; two sons, j a ME S
Christian, of Richmond, and
George Christian, Of Fredericks-
burg, and 10 grandchildren.
A funeral service will be held
tomorrow tF'riday) at Mt. Zion
Baptist Church at New Canton
at $3.50 pm. Interment will be
in the church cemetery.
The Farmville herald. (Farmville, Va.) 1957-current, 1960-08-05
Frank Moss
Home Burns

BETHLEHEM. RT. 20. Aug. 4
We are sorry to hear t h a t
Frank Moss house was de
stroyed BY fire early Sunday
morning.
Mr.. and Mrs. Homer Watts
ard children were the week end
guests Of Mrs. R. E. Newton.
L. B. Moss had some logs fab
on him and broke his leg.
Mr.. ard Mrs. Henry Jamer-
son and Hazel and Robert jam
erson went to Washington and
Mt. Vernon last week.
Mrs. Earl Steinruck and chill
iren, Of Richmond. are spend
ing the week with Mrs. r. E.
Newton.
Mrs. j. E. Newton and Mrs.
n. I. Taylor visited Mrs. Virgie
TAYLOR last week.
Miss Sallie Cough visited MIR.
and Mrs. Dick Bland. Tuesday
Joyce Ragland and Ray, Of
Richmond. visited Mr.. and Mrs.
Woodrow Ragland Sunday.
Mr.. and Mrs. Randolph Cough
and family visited friends in
Richmond. Sunday.
We were glad to have Mrs. H.
E. Griffin in the community for
few days and have her teach
Sunday School.
Mr.. and Mrs. Homer Watts
visited Mr.. and Mrs. Leroy
Cough Sunday evening.
Winfrey Taylor visited Mr..
and Mrs. Leroy Cough Sunday
At this date we haven't heard
from Tolnnie Cough, but hope
he is improving.
Mrs. Leroy Cough had a card
from her daughter and she has
gotten to Marysville. Calf,
where her husband is stationed
with the Air Force.
Mrs. R. E. Newton, Mrs. Car
RE D0Wdy and Mrs. j. E. New
ton are with the group touring
New York this week. They won
the trip from the Farmville
Herald.
Ronnie ough went fishing
again Sunday and caught four
pound. ten ounce, and a three
pound, six ounce catfish at the
Sucker Meadow Beach.
Leroy Cough was home over
the week end from Baltimore.
The Farmville herald. (Farmville, Va.) 1957-current, 1960-08-05
Antioch

Aug. 4 = Mr.. and Mrs. Law
renee Budd and daughter, San
dra, Of Ormond Beach, Fla, have
been recent guests of the J. R.
Prices and Mrs. E. A. Vaughan.
Mr.. and Mrs. j. P. Herndon
and children stopped over for a
visit with her parents. Mr.. and
Mrs. j. M. Brown, en- route home
to Arlington from Florida.
Paul Erwin is a patient at
Southside Community Hospital.
His friends wish him a speedy
recovery.
Mr.. and Mrs. Beverly Smith.
of Washington, are spending their
vacation with her mother. Mrs.
A. M. Blanton, and brother and
sister-in-laW, Mr.. and Mrs. r. l..
Blanton.