davidaulloa/AmericanStories huggingface dataset:
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09

I'm the foreseeable future, if
waterflood is not initiated, the
cost of operating the wells will
be greater than the volume of
the oil being produced by each
we'll and force their abandon
ment," commented r. w. Gem
mer, Billings, Humble's area
manager. 1T is expensive to
waterflood and always a gamble
as to results, but the operators
are willing to make large invest
ments in the hope that the pro-
posed waterflood will be sue
cessful."
The proposed area covers ap-
proximately 2700 acres in Sec
tfons 10, Is, Is, 81, %, 81 and %
of Township 35 North, Range 6
West. There are 81 Cut Bank
sand wells currently averaging
less than four barrels of oil per
day per we'll.
Plans are for Humble to initi-
ate a pilot waterflood covering
about 600 acres in the south part
of the area. Expansion of the
Waterford operation to include
the entire 2700 acres will follow
the success of this initial effort.
Only the Cut Bank Sand, found
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
Applications Being
Accepted For New
Wheat AIIotments

Operators of farms without
wheat allotments but on which
wheat will be planted this spring
may now apply for a 1861 farm
allotment, Chairman Kyle Nom.
berg of the County Agricultural
Sterilization and Conservation
committee has announced.
Applications must be filed at
the County ASC office not later
than February % on a form that
is available there upon request.
A new wheat farm is one on
which there was a zero" or no
allotment established in each of
the three years 1858. 1889 and
1850. Growing Of wheat on such
a farm in one or more of the
three years does not make il
ineligible to be considered for a
new wheat farm allotment.
The chairman explained that
the fundamental purpose of new
farm allotments is to provide al
lotments for wheat farmers who
have regular rotations calling for
wheat, for operators who have
have produced wheat but have
lost possession of a farm, and OPP
orators who are just starting as
independent producers.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
Hospital Notes

Currently Hospitalized: Joseph
Ironpipe, Gabriel Bad Marriage,
Norma Lee Gervais, Henry Young
Running Crane, Loretta Round
inc, Ronald Kennedy, Vincent
Spotted Eagle, Esther Nomee,
Rose Evans, Ramona Gordon, Di,
anna Calf Robe, Rodney Gervais,
Tom Aubrey, Josephine Paul,
Mary Matt, Annie No Runner,
Francis Running Wolf, Louise
Andrews, Irwin Spotted Eagle,
Twila Whitford.
Discharged: Theresa Aims Back,
Phyllis Aims Back, Marie Will
hanson, Elizabeth Lewis, Linda
Talk, William Potts, Dorothy Boy
Chief, Lee Ann Hirst, Laura Dew
era, Joe Bird Rather, Floyd
Rider, Theresa Blackboy, Frank
Colbert Jr., Bruce Owens, Rose
Hamilton, Maty Blackman, Joyce
Boy. Jesse Guardipee, Gabriel
Running Crane.
Births: Mr.. and Mrs. Joseph G.
Monroe, Babb, a son; Mr.. and
Mrs. Charles w. Devereaus
Browning, a son; Mr.. and Mrs
Kenneth Conway, Browning, a
son.
Blood Donor: Polite Pepion.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
Supt. HummeI
Guest Speaker At .
Lions Club MEETING

II is now considered advisable
to arrest anyone who feeds bears
or goes near them, said Edward
Hummel, Superintendent of Ola
cier National Park, in a talk at
the Browning Lions club meeting
Wednesday evening.
He said bears were no problem
in the first so years of the parks
history but since last years trag-
ic experiences such a step is nee
essary to protect the hundreds
of tourists who visit the wonder
land annually - Is.
OF interest to sportsmen was
his statement that there is a pos.
sibility that the opening dates for
fishing in the lower waters of
the park may be made to coin
eide with Montana's regular fish
ing season.
Hummel expressed himself as
being pleased with the progress
made with improvements at Up
per Two Medicine lake and is
hopeful that an item in the fed.
eral budget to permit road i'm
provement to this camp will
gain favorable consideration.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09

Invitations to bid, with only
bids from small businesses to be
considered, are invited on a job
entitled Cathode Protection
Diesel Fuel Tanks, Cut Bank Air
Force Station, Montana" by the
U. S. Army Engineer District,
Seattle.
Bids will be opened about
March on the project consisting
of work on the addition of a total
of Is sacrificial magnesium an
odes and connecting cables for
Cathode protection of three un.
derground oil storage tanks.
Further information can be OBJ,
tanned from the u. S. Army En-.
gineer Residence Office, Glasgow
p. o. Box 728, Glasgow, Montana.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
Browning Scouts
Observing National
Bow Scout Week

The 51st anniversary of the
founding of the Boy Scouts of
America is being celebrated in
the Browning area, as well as
nationally this week.
Eddie Schmidt Becomes Eagle
One of the highlights will be
the Eagle Scout court of honor
at which Edward Schmidt of
Browning, will receive his Eagle
Scout award. Other scouts who
will be recipients of this award
are James Porter of Shelby,
Douglas V. Kelly of Sunburst,
and Richard Olsen of Cut Bank.
Judge VIM. Black of the Ninth
Judicial District will preside.
A color guard of scouts will
present the colors to the audi
ence at the Cut Bsnk-Browning
basketball gene Friday night.
A banquet honoring Eagle
Scouts of the Council will be
held in Great Falls Saturday eve
ming at the DeMolay Memorial
building. They will be the guests
of business men of the commu-
nifty in which they live.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09

at a depth of about 1850 feet, is
to be flooded. Cumulative oil
production from this principal
producing sand in the field for
the unit area totals over 6,850,0O0
barrels. Development of the area
began in the 1905.
Water required for the under
taking will be taken from the
underground Madison formation
which is about 300 feet deeper
than the Cut Bank Sand
Waterflooding of oil fields to
produce oil that otherwise would
not be recoverable is a practice
about as old as the oil industry
itself. Secondary recovery opera
tions were suggested as early as
1880 as a means of increasing
ultimate recovery of oil. The first
waterflOoding attempts were car
ried on in Pennsylvania before
the turn of the century New
York, in 1919, passed the first
statute specifically mentioning
secondary recovery.
1t is estimated that over one
and one-half billion barrels of
waterflood oil has now been pro-
duced in the United States. Daily
oil production due to waterflOOd-
ing is increasing every year The
Importance of flooding may be
illustrated by the fact that in
1859 over 81 per cent of the 21O,-
600 barrels per day produced in
Illinois was from secondary prof.
ects.
Only about 1925 per cent of the
total oil in place is generally re-
covered by primary methods
from fields similar to Cut Bank.
This fact, coupled with this coun-
try's increased consumption of
oil since 1910, has spurred the
industry to expand Waterford
operations to almost all areas
where oil is produced. In many
instances the amount of addition
al oil recovered by waterflOOd
has approached that recovered
by primary means.
The Northwest Cut Bank Unit
flood is just one Of several large
scale floods planned for the area.
Approval of the proposed unit
has been requested from the
United States Geological Survey,
and as soon as approval is OBJ
tanned, representatives of Hum
BILE will contact the royalty own
ers within this proposed North
west Unit for approval to pro-
coed with the waterflood project
1t is hoped that as a result, of
waterflooding, the oil industry in
the Cut Bank field will enter a
new era reminiscent of the early
1940's when daily production was
at its peak.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
by John o. Toliver

The first Glacier county feeder
tour was held last Friday, Feb
ruary 3.
Beginning at the Pfeifer bro
theirs feedlots near Blackfoot at
$50 am. hot coffee and dough-
nuts were served by Paul and
Julius PfeifeT. Charts prepared
by the Pfeifer brothers outlined
the rations fed and gave the cost
of gain. They also had an inter
esting comparison between the
rates of gain of Hereford steers,
Hereford Angus crossbred, Here
ford ShorthOrn cross and grade
Angus. The sheds and wind
breaks, constructed to provide
shelter from the winter storms
that sweep the bleak prairie, are
very practical and drew the at
tention of the So visitors.
From Pfeiffers the tour went
to the Newhouse Cattle Company
on the Two Medicine river. Ar
irving at 11:30, a few minutes
were spent in looking over the
most extensive feeding operation
in Glacier county. A lunch, con
tributed by Bill Newhouse, and
served by Mrs. Omar Steyee and
neighbor women helpers, was en-
joyed by about $50 visitors. After
lunch there was further inspec-
ton of the cattle, self-feeders,
pen arrangement and water con
veniences. Mr.. Newhouse has
drilled several shallow wells ra-
Their than employ an extensive
pipeline system. A large shed adj
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09

irresponsible path. He said that
income to the state in the next
biennium had been estimated by
state and private authorities to
be 75.9 million, as against the
unrealistic estimate of the minor.
ity leader that income will be
S80-81 million.
Using the verified figures from
the budget director and the
Board of Equalization, Anderson
said that the suggested budget
of SOB million would leave a
SAT- million of the estimated in
come for application to the def.
cit which will be more than So
million.
I'VE didn't accept the sugges.
ton for a IS per capita tax. We
feel we can pick up the needed
money through use ~ certain
special funds. Otherwise, the
money will just sit there or be
wasted" the majority leader add
ed.
He mentioneI IS principal
sources, the ST. r 'llion from the
hail insurance fund.
"Our problem now Is to get our
state financial house in order.
We want TO come back with a
surplus at the e7d of the next bi-
ennium, and then We can talk
about expanding services" An
derson continued. IF we don't
take sens, eventually We will
find ourselves in the same situa-
ton as in the SOS, when We had
TO register warrants"
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
Lions Report Satisfactory
Progress In Plans For
AII-Indian Tournament

The Browning Lions held their
regular meeting last "Wednesday
evening. In the absence of presi.
dent Andy Greenshields and first
vice-president Frank Greco. sec
ond vice-president Pete Duncan
presided.
Phil Ward reported that all
goes well with the plans for the
All-Indian tournament. The Fort
Yates team has withdrawn due
to finances, but one of three
standby teams will be chosen to
take their place,
The club plans to take a bus
load of couples to the zone social
to be held in the Moose hall in
Cut Bank February IA.
Roy Buffalo assigned members
to be ushers during the district
tournament.
The club plans to attend the
Coutts Sweetgrass district Gov
ernoTs night in the Fellowship
hall of the Sunburst Methodist
church on February %. Although
this is just the night before the
tournament, the club will back
Governor Al Horner and turn
out to greet and honor him.
Don Peterson of Cut Bank,
Clarence G. Albertson of Great
Falls and Maj. Brown of Asbury
Park, New Jersey were guests.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09

Opposition TO Federal Aid to-
Education and the resultant fed
eral control was embodied in
House Joint Memorial No. 8, in
troduced by Beam, R-Yellow-
stone, which was passed on third
reading in the House last week.
The memorial was passed over
the objections of some of the
minority party who contended
that Montanans do not have the
resources necessary TO adequate
ly provide education.
Reaffirmati0n of faith in free
enterprise and opposition to fed
eral projects was evident Friday
as the House passed Joint Mem
orial No. u. introduced by Lo-
man and others. which urged inn
mediate favorable action by the
Federal Power Commission on
the forthcoming application of a
tax-paying company to build
dams and hvdro-electric plants at
the Buffalo No. 2 and 4 sites on
the FIathead river between Lake
and Sanders counties.
The budget has been balanced
on paper only in recent years,
stated Jerome Anderson, R-Yel-
Iowstone, House Majority Lead
er in a talk last week. Referring
to a constitutional requirement
that the legislature cannot spend
more than the estimated income,
he pointed out that ballooned es-
Inmates Of income had resulted
In the present deficit, and that
the 1861 minority leadership in
the House Is following the same
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
Well Planned County Feeder
Tour Attended By Over 100

jacent to his feedlots provides
good hospital facilities for any
stock that need special shelter
or medical attention. This rather
extensive feedlot is ably man
aged by Omar Steyee.
The third and last call was at
the feedlots of Duane, Chef and
Kenny Sammons, one mile north
of Cut Bank. Here we saw about
lao head of steers that were also
on their way to choice beef steak
under the careful eyes of Chef
and Kenny. They have another
feedlot unit under construction
that will double their feedlot
capacity. Of particular interest
here was an artificial lounging
ridge quartering down the slope
that was built to provide a dry
place for the cattle to rest upon
in the case of wet, muddy wea-
ther.
AT each stop Paul circuit, Ex-
tension Livestock specialist, and
Thain Wulf, cattle buyer for
Swift and Company, discussed ra-
tons fed, cattle market grades,
and feedlot equipment. Mr.. Or
cult emphasized feedlot manage
ment and ration efficiency, while
Mr.. Wulf stressed carcass grade,
yield of meat quality and buyer
preference.
This tour was planned by the
q cier County Agricultural
Council and the Feeder Cattle
committee composed of Chef
Summons, Andy GreenshieldS
and John Davis. .--
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
Browning Man
Draws Five Years
On Rope Charge

Earl Patrick After Buffalo, 81,
was sentenced to five years in a
federal penitentiary by Judge
William j. Jameson in Federal
District Court at Great Falls on
Tuesday, convicted on a rape
charge.
After Buffalo Monday changed
a not guilty plea made in July to
guilty and Judge Jameson defer
red sentencing until Tuesday.
John p. Moore, Cut Bank, at
torney for the defendant, asked
that After Buffalo be shown len.
iency and be placed on probation.
He presented eight witnesses
from Browning who testified as
to After Buffalo's character
Moore also presented to the
court a petition signed by all Is
members of the Blackfeet Tribal
Council, two of whom, Walter S.
Wetzel and Henry Magee, testi-
fled asking that After Buffalo be
placed on probation.
In imposing the five-year SEN
tence, Judge Jameson said he
might have been more lenient
had the raped girl been older.
She was Is years and 10 months
old at the time.
After Buffalo was indicted by
a grand jury for raping a girl
eight miles west of Browning last
April 81.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
City Providing Free
Garbage Pickup

Browning residents will be pro-
vided with free garbage disposal
service under the newly adopted
work for welfare" policy. All
that is necessary is for home
owners to place their garbage
in containers next to the road
and it will be picked up by a
city truck and work crew.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
Humble Oil Proposes Waterford
Project For NV Cutbank Oil Field

Oil in the northwest portion of the Cut Bank Field In
Glacier proposing waterlood project hoping in
that areas oil production Humble Oil and Refining Company
will be operator.
Humble representatives announcing plans form Northwest
Bank Sand Unit explained the wells within the under
consideration presently the trpper stage of depletion
and unless waterood operations the
wells must be abandoned.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09

There will be an important
meeting of the Catholic Altar
Society Monday evening, Feb.
Is. in the church basement. Pres.
ident Wanda Fisher urges all
Catholic ladies to be present.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
House Votes To Terminate State
Hail Insurance At Friday Session

HELENA The first hurdle of House Bill 1877 which would ter'
Hail Board cleared this week the House
defeated do motion the floor by So to IS
part Governor Don Nuer the deficit
which has brought about by irresponsible fiscal policies Of
previous legislatures this legislation which introduced
Fahead proposed because there need for the
be competition with private enterprise who ade
quaey cover and offer full coverage
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
Browning Dumps
SUnbUrst 60-4lIn
Conference Play
Browning so SUnbursf Al

The Indians came back to de-
feat the Sunburst Refiners on
Saturday night to run their con-
ference record to wins and 3
losses.
1t was a game which saw both
teams start slow with the first
quarter score IL to 9 in favor of
Sunburst. In the second period,
the Indians hit for II points to
take 10 point lead at half time.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09
Lose To Lethbridqe

The Browning Indians lost a
rough and tumble basketball
game to Lethbridge last Friday
night by a IS to 81 count.
The Lethbridge team scored 81
points from the charity line and,
although the Indians hit for 4
more field goals than the Rams,
they could not overcome the def
nit
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09

The Browning-East Glacier So
roptimist club will hold a bake
sale Saturday, February IL in
Teeple's Market at / pm.
The Glacier reporter. [volume] (Browning, Mont.) 1953-current, 1961-02-09

Mrs. Fred Johnson is on the
sick list this week.
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1961-10-25

- =.
-" uhe automobile into carly
-" w t''' ~ S'Nt mat
a'' , va ''ahi'' I" Work nN
''"N'''" II pos"iDl" tor yuur
~. ,n".',,'. ''",'S.
I'M. I;,,,n ,,,.''., '" No"' - "''
, r,.,,n,, 80 '' " WI '''" over
''' "''" Ni'h
~ ''''' - ''' INSTANCE.
,;,,,',.'. .,,.'..''', ,,'', '"< = " ''''''
,,,.,,,'., ~ '''''''''' '''. quo
rm, -, " ''"' ~ 'r".'.'.'
n,,,,l..'.. ...,..'','' ~" "' .'.
,,,,,.,.... ~ '''' INV e.
,..,,,,. .''''''.'' w.
H.. ,....,I.. ~. ." CO.. 49," -
u.,.,L,,, W." wa 50 ''''' q
|. Have vo,Ir bai,r,. ,,..ri.
ed iu. peak rrr.uru,..,,.. r,
cold Weather ,r,.ra,,,,,
> Hem. IA, .,.,..
c,,,clsn, ND ,.n,,.,', =.
"
a,,,,trc.., =. ''
a.,
''' f'"' ''''i''' '''3'"'.,
- l'''H''' W "''
- ~ ~ ''"f '''"''''''' WA
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1961-10-25
Free
Wheeling
Bl RII.L CROlNELL

VI tho touch ot a finger v"u
hay" at your cnunmau,i ccuiu
that controls tremendous stores
ui energy. thr horsepower that
drives Your family automobile.
Maybe Nuu never though, ur
1t IuSt that way But you are
transported. a; your slightest
whrm. t" shopping ccnr"rS.
stores IN dlSiInct cities. schools.
,ur"rmarkC'S. offices and tho
ATE. Va all the c"nvcnirncrS
81 'iG,' mud"ru world.
+" c't ia" horse, ."inr YOU
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1961-10-25

The little autos in "S"'Ire'i
~" versions have been raced
al "r"cGS above 30 miles an
hour
TO EllE END Japanese
cops, trying "a establish Eng :
!tSh language traffic signs in
T. hyo have run INTO trouble.
Hardly amy one IN Japan can
peak ur wit, effective Eng
tSh 50 it, ,u wonder. For cx-
ample. these arG some of the
stems currently under fire:
May parking"
May stopping"
SECTION for sound Of horn.
"H'ght tam toward mmedi-
lie "u' aiC,.
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1961-10-25

rave small, giant-pcweYsd
''lf starter Invented almost 80
Wears ago 10y a young engineer
h"n'd Charles r. Kc,icrinp.
Before II existed as standard
''u'rmcn, on new ears. start
NJ was Il chnrc beyond tho
strength of most women and "a
'h"r" dangerous Ia most men
IL they we've mot .Nlrrmc;y
careful
Vet today motorists take ,hn
''n-%aricr So much Tor grant
g." That they rive IL no helm
al all and it Sometimes needs
help.
THIS Is tn" time If wear
"'"h that small miracle be-
&LH" I" need help IN the form
al precautions tina, will mean
easier winter driving. One au-
'"'n"ni'" engineer pui il this
way: The self starter took the
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1961-10-25

MIX production on Amer
can dairy farms in 1860 aver
aged above 1000 pounds per
COW for the first time III hist
Ory.
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1961-10-25
WEI. ocr % 1851 TIE rAsoe CITY rRnuNr PACE

highway AT ulsht. It might he
the cause, get OF the road and
take q nap. Il may save yuur
life.
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1961-10-25

HALlU"ELH. n nno for ,r..'n' ao3
"e.uu hera and 'hr so- a..,- bless
ON. ,yIil be out II then horrtying hes, lor
tam and trohc. Darkness, aud fear OF
dnkucs.. l. pat OF the ton.
Thank, 70 out Electric CoOps, darkness
iu rural ar,.., il ju,r for fm - out OF
every lUO rurIl south Carolina homes noV
currv electric SERVICE adequate. de-
UcudrIlc lyo-,.a
Les k,,p If that u",I
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1961-10-25

There Is nip IN the air in
late October over most nj the
nation. In the carly mornings
and after sGudown the motor
lists cruising around the city
and along the hiRhw avs are
tipping "G the auto heaters
and clgnk'nr up the windows
10 keep out the chill
With the advent of cool
weather and tlc approach Of
even colder days and nights
m'Nt winter, the traffic police
"'a.hs nom CATION lnonuXiGc
rplsu'lus Will increase sharp
~.
rhi@ cn!orlcss, ordoylrss.
'1S,cl'S, Gay that is expelled
hr the autos exhaust system is
.,a'N poison in an enclosed
49,, &C.. - SOD.
'arp,ur,g You got druwsv and
ID, Cn la doe 1T the wheel. Il
nc G.ra itself doesn't Kill, In,
resulting crash into a tree ~
-1idgC rail on an uucoming car
might finish the Job.
Traffic authorities agree that
." cu- really knows TOW many
u cidy1ts are caused by driv-
r.; Who actually are half poi
S'rcd from carbon munoxiac.
Several basic safety rules To-
cut du#l tho danger of carbon
monoNlda poisoning are IN
Guided in an article in Tuday'S
Health. the magazine of The
American Medical Association.
They are:
Leave At least orc wind
DIV oren slightly. even ON BIT
.-''N C.lj days. r. 'h.,, Is
rak1g- OF "a. the flesh sig
viii o'spGl mu,t ut IT,.
Keep The front ,ruts clos
e. Hn.n driving il hummer
in-uump'r traffic. Your vent
c1n suck ~ exhaust rimr,
from Inc car ahcnd al you
If y"U pant. ter moro 'rrr
% mnutr or '".n with ia, motor.
running, ,r'u - window ....vr.-
q, inches. W'-r rUcn Is safer.
Mo.' i"U"rtTn' is {" maxi.
Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1961-10-25
Carbon Monoxide Is Danger
To Cold Weather Motorists

the late hour. or il might be
carbHI nonoxiCic. Whatever
Evening star., 1961-07-18
Treasury Toxotion
Report Is Praised

The Treasury Departments S
report to the House Ways and
Means Committee urging full
taxation of savings and loan
associations and mutual saw
ings banks was commended in
a statement yesterday by Carl
A. BimSon. president of the
American Bankers Association.
Mr.. Bimson, who also is pres
ident of the Valley National
Bank. Phoenix. Ariz.. termed
the report IAN excellent ap-
praisal of the current inequi-
table tax situation among COM
peting financial institutions.
The A. B. A. president gave
the associations Endorsement
to the first OF several alterna-
tive tax methods suggested by
the easury report. This
method would provide the same
formula for determining the
bad debt reserves of mutual
institutions as is now used for
all other business concerns, in
cluding commercial banks.
In reference to discussion of
the effect on the home mort
gage market, Mr.. Bimson said
"the A. B. A. believes that the
tax structure should not be used
to direct the flow of funds in
the financial system" He added
that the three-year transitional
method of applying full taxa
ton suggested by the Treasury
will allow ample time to aScer-
tain any effect on the home
market