davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-05-06
3 HoMERs IN Is-HIT ATTACK
Cubs End Giant Streak, ,l2-8

eighth when Banks led off
with his sixth homer.
The Giants scored three
times In the fifth in the see-saw
contest for O 6-4 lead on singles
by Chuck Killer and Mays, q
wild pitch, and While McCovey's
triple. McCovey came home on
Orlando Cepeda's sacrifice fly.
The Cubs forged ahead, 7-6,
with three runs in their half Of
the fifth. They loaded the bases
on singles by Andre Rodgers
and Ken Hubbs and . walk tc
Dick BerteH. Rodgers scored
when stu Miller uncorked Q
wild pitch. A pinch-singIe By
Bob WIN added two more runs
The Giants again took the
lead, 81, in the sixth or
IBailey's homer. his seventh. OIL
the first pitch by Barney
Schultz. Scoring ahead Of hin
was Jose Pagan. who had
singled.
| The Cubs deadlocked it with
. run in the bottom Of the
sixth on Q walk TO Williams. .
single by Altman driving him
to third and . sacrifice fiy b
Banks.
Leading up TO the sixth. tht
Evening star., 1962-05-06

CHICAGO, May 5 (AP). -
The Cubs. unloading 18 hits
including two hemers by Billy
williams and one by Ernie
Banks-for their biggest OUT
put since June 80, 1860. ended
the Giants 10-game winning
streak, 1913, today.
Willie Mays and Pinch-hitter
Ed Bailey each homered for
the league-leading Giants, who
collected IL hits off four Cub
pitchers.
The Cubs included Q triple
and three doubles as well as
the homers in their assortment
of blows at the expense Of five
hurlers.
In addition to a pair Of hom-
ers, williams had a double In
the first and walked in the
sixth in four official trips. driy-
ing In four runs.
williams blast IN the sew
enthgiving him six for the
season-was good for two runs
Moe Morhardt, safe on Q pinch.
hit single, also scored in tn
inning on q double by LOg
Brock and Ron Santos single
It put the Cubs ahe3d, l1-S.
They padded It out in tn
Evening star., 1962-05-06
GAMES TOMORROW
No games scheduled.

RESULTS YESTERDAY
Los Angeles, 10; Pittsburgh, /.
Philadelphia, Q; New York, /.
Chicago, IL; San Fran
cisco, 8.
Cincinnati, 8; st. Louis, Z.
Milwaukee. .; Houston, s
(12 innings.
GAMES TODAY
San Francisco at Chicago
ODell (3-O) VS.. Buhl DID.
Los Angeles at Pittsburgh
Koufax (4-2) VS.. Law (0-O).
New York at Philadelphia
(2)-Morehead (0-0) and Hook
DID VS.. Hamilton (2-2) and
Short ODD.
Houston at Milwaukee (2)-
Golden d-O) and Farrell d-2)
vs.. SPAIN (2-3) and Wiley
(0-D.
st. Louis at Cincinnati t2)--
Broglio d-0) and Gibson (2-D
vs.. Jay (3-3) and Ellis u-2)
or Drabowsky (0-2).
GAMES TOMORROW
Los Angeles at Houston (n),
Only game scheduled.
Evening star., 1962-05-06
TWIN DOUBLE
PAYS $56,667

BOSTON. May 5 (AP) -
Suffolk Downs had a win
double payoff Of $56.677 40
today, largest two-dollar
payoff in te history Of North
American racing.
Only one person In the
crowd Of 24,203 held a win
ming ticket.
Higher payoffs have been
made on multiple betting
pools in Augua Caliente in
Mexico. But the biggest pre-
vious return in this country
was $42,824.60 at Narragan-
sett Park October 20. 1861.
Suffolk's previous high was
39,412 June 20, 1861.
The ticket remained un-
cashed. Obviously the holder
had decided to wait before
picking up the reward for
selecting Sir Rascal, 1880;
Leo's Pride, $19; Money
Mark, $3lR0, and Errard
King Jr., s59.2o.
Evening star., 1962-05-06
STANDINGS
By the Associated Press
AMERICAN LEAGUE

RESULTS YESTERDAY
New York, z; Washington, g.,
Boston, 8; Chicago. 3.
Minnesota, Z; Detroit, 2.
Kansas City, 18; Cleveland, 6
(first Of twi-n).
Baltimore at Los Angeles (n)
GAMES TODAY
Washington at New York (2)
i pm.-Burnside (2-D and
Stenhouse (0-0) VS.. Terry (4-D
and Bouton (0-0).
Chicago at Boston OPP
zarro (2-2) and Horlen (1-2
vs.. Conley (2-2) and Wilson
(0-0).
Baltimore at Los Angeles
Estrada (1-3 VS.. Mcbride
Q-3).
Cleveland at Kansas City
Grant 600 VS.. Bass (0-3).
Detroit at Minnesota -Foy-
tack (0-0) VS.. Pascual (4-D.
GAMES TOMORROW
No games scheduled.
Evening star., 1962-05-06
Yonks RoIIy for S, Nip Senators, rs;
Berro, Pepitone Homers Erose Lead

assistant. attended q meeting
to discuss details for the ALI
Star game July 10 in D. C. Sta
diura. Tickets, which win be
scaled at 81. So and So, viii go
on sale June IS. and, be sold by
mail order only. The Senator'S
management and the American
League office win announce
complete details later.
/. Don Rudolph and Steve
Hamilton. the southpaw pitch
ers obtained from the Indians,
were in uniform, although
Hamilton did not arrive until
Just before game time. :. The
Senators . coaching shifts,
George Susce to first base,
George Case to third, and
Roilie Hemsley joining Sid
Hudson in the bullpen, appar-
entity viii be permanent.
Charley Keller III is hitting
1928 for the Richmond Vir-
ginians, a Yankee farm, and
leading the club in runs batted
In. The Senators worked
almost q duplicate Of the old
Ted williams shift against
Mantle, Roger Maris Johr
Blanchard and Joe Pepitone ;.
FMaris' single off Daniels right
shin In the first inning extended
Rogers hitting streak to nint
games, and caused some con.
cern on the Senators bench.
The Senators now have lost
is Of their last 16, and five
straight to the Yankees.
Dave Stenhouse and Pete Burn
side will pitch for Washington
in today's double header
against Ralph Terry and jim
Bouton. It viii be the first ma.
jor league start for Stenhoust
and Bouton Long had five
assists in five innings. The rec
! ord for first basemen is eight
Evening star., 1962-05-06
Merry Ruler
Takes Carter,
Ties Record

NEW YORK, May 5 (AP) -
Henry o. H. Frelinghuysen's
Merry Ruler came flying through
the stretch today and won the
62d running Of the Carter Han
dicap at Aqueduct in 1:22,
equaling the track record for 2
furlongs.
Merry Rulers late surge
nipped the early pacemaker
Hitting Away, by q head, with
Rullah Red third and Smashing
Gail, the only filly in the race,
fourth. Beau Purple. the fav-
orite, finished ninth, beating
only two horses.
Merry Ruler, who won the
Toboggan and was third in both
the Westchester and Paumonok,
was ridden by Johnny Sellers
and returned $3.50, $6.70 and
$3.50. Hitting Away paid $500
and $500 and Rullah Red paid
$3.50 for show.
The big disappointment was
the dismal showing Of Beau
Purple. The crowd Of 46,194 bet
$261 ,079 on the favorite out OF
the total pool Of $649.307.
Hitting Away, owned by Og-
den Phipps, set the early pace
with Rullah Red, Smashing
Gail and Beau Purple following
in that order. Merry Ruler was
ninth.
The field followed In that
order to the half, where Beau
Purple fell back to eighth and
Merry Ruler moved UP to fifth.
Hitting Away still MAIN
tanned a half-length advantage
over Rullah Red moving into
the stretch, with Merry Ruler,
on the outside, going up to
third place.
Sellers kept Merry Ruler un-
der a full head Of steam through
the stretch and raced Hitting
Away head and head for the
last 20 yards, gaining the head
advantage in the final few
yards.
Merry Ruler earned $3S,545
for the victory.
Evening star., 1962-05-06

Hinton walked before Long
popped out.
The Yankees scored IN the
second on g walk to Boyer.
Sheldon's sacrifice and Tresh's
single. Nantes drive into the
upper deck tied the score in
the fourth.
NOTES - General Manager
Ed Doherty and Joe Burke. his
Evening star., 1962-05-06

his head and holding out his
hands. He then walked Clete
Boyer, but pinch-hitter Elston
Howard bounded into q double
play. -
: The Senator's were back to
their snake-bit habits in the
ninth. Kings long drive was
directly at Mantle. Johnson's
slow grounder reached fresh
just in time for the throw. and
Bright hit a steaming drive
smack into Boyer's glove.
Senators Take Lead
The Senators took a 20
lead in the second when King
doubled, johnson walked, and
Ken Retzer singled sharply to
right, loading the bases. Chuck
Cottier drove IN King with a
sacrifice fly, and Daniels scored
johnson with a single.
Washington still had two on
with one out, but in both Of
their scoring innings, Jim Pier
sail and Danny O'Connell were
consecutive second and third
outs.
With one out in the sixth,
Long singled to center and
King hooked his home run that
landed on the foul side Of the
foul pole, but beyond 1t.
Johnson's triple chased Ro-
land Sheldon. and Bud Daley
replaced him. Bright batted
for Retzer and hit q scorchine
double inside the third base
line, scoring johnson. Cottier
and Daniels singled to make 1t
six straight hits, Daniels hit
scoring Bright@
Turley, who hadn't won Q
game since May 3, 1861. pitched
the eighth and struck out Cot
tier and Daniels. Piersall and
O'Connell singled, and CHUCK
Evening star., 1962-05-06
Decidedly, S1o, Snaps Derby Mark
Roman Line, Ridon
Beotenin Lost 18th
By FRANCIS STANN
Star staff Writer

LOUISVILLE May 5-Like dark-gray streak. Decidedly
roared from behind and charged down the historic Churchill
Downs stretch today to win the sSth Kentucky Derby in
new-record time Of 2:002s.
1t q case like father like the California
whipped IA others lightning fast
Evening star., 1962-05-06
ByMERRELL WHITTLESEY
star Staff Writer

NEW YORK, May 5 - The
charmed Yankees reached far,
far into their bag Of tricks to-
day to steal q 7-6 decision from
the Senators with an almost
unbelievable 5-run eighth in
ming.
Yogi Berra hit a luck-adorned
home run with. two on in the
eighth off Bennie Daniels that
would have been q harmless
foul If it had gone just an inch,
or maybe a coat of paint, to
the right. That cut the SEN
ators' margin to SIS.
Daniels then walked John
Blanchard, and Phil Linz ran
for him. Marty Kutyna relieved
Daniels, and on the first pitch
Joe Pepitone hit his first major
league home run into the left
centerfield bleachers. It all
happened so fast it took ones
breath away.
Turley Wins First
To add to the cruelties to the
luckless Senator'S, the winning
pitcher was Bob Turley, making
his first appearance of the sea-
son. Turley staggered through
the. eighth inning, retiring Dale
Long on q pop to right with
the bases loaded to get out of
q Jam.
The Senators finally gave
Daniels some runs to work with,
scoring two in the second and
four In the sixth. Daniels had
a hand in two Of them with two
singles and two runs batted in.
Jim King started the Sena-
tors two-run second inning
with a ground-rule double into
the rightfield stands. He also
drove in two with his home run
in the fourth that curved inside
the foul pole. but nowhere near
as close as Berra:s.
The Senators smacked siz
consecutive hits in their big
sixth, including a pinch double
by Harry Bright and q lusty
triple by Bob johnson, but II
wasn't enough.
Daniels was working on q
six-hitter after seven innings
and his four-run lead looked
like money in the bank.
fresh Mantle Single
Tom fresh led off the eighth
with q single, but Roger Mari;
lined to King in left. Mickey
Mantle, who clouted his frs
home run since April 10 in the
fourth, chopped q single Il
right.
Berra hooked q drive Il
right that appeared to be cirv,
ing foul, but it held just lonl
enough to bounce off the fou
pole. 2e6 feet from the plate
The bali bounded back onto tn
playing field, an automati'
home run. It probably was tn
shortest, cheapest home run o
Yoei,s career, and only his sec
orid Of the season!
Daniels, understandingl,
burning. wasn't close to tn
plate in walking blanchard
After Kutyna took over, Pepi
tone, playing first becaus
Manager Ralph Houk figure
he could hit Daniels better thai
Bill seDWron could. lined q lon
shot into the hleachefs.
Kutyna stood there shakin
Evening star., 1962-05-06

of the year and his second VIC
tory. In eight races last year
he won twice and earned
$3.50.
Hartack wisely held Decid-
edly in reserve for six furlongs.
Down the stretch Bill asked
for everything the colt had and
got it. DECIDEDLY ran the last
quarter of a mile in ISL.
Roman Line, who went off at
$3.50 to 81, also ran smash
ing race but had too little left
to combat the California in
vader. Sir Ribot, green but rich
in potential, turned in a fine
effort, too. The chart-caller
said, 'he appeared to run up
onto horses heels entering the
first turn but came out and
finished strongly"
Ridan, who moved up when
Sir Gaylord was scratched yes
terday, belied the feeling that
he is strictly a sprinter. The
favofite bore out badly leav-
ing the backstretch but con-
tinued gamely.
It might have been one Of
the most popular victories Har-
tack ever scored. The crowd, un-
officially estimated at between
$4,000 and 100000. cut loose
with a mighty cheer when the
record time blinked on the tote
board. Hartack, who at various
times had ridden others in the
Derby field, wore a wide grin
as he returned to the winners
circle with an outrider who was
waving his helmet.
Hartack Praises Mount
After the race Hartack said,
"he ran straight and kind as
la horse can run. ! am glad Mr..
Luro CTrainer Horatio Luro)
put blinkers on him. I thought
| Ridan was the horse to beat.
He was the tough horse to me
For personal reasons I am 81
glad to win this Derby. I think
you viii understand what J
mean" The jockey did not
Iamplify but during Ridan's un-
beaten two-year-old campaign
the outspoken Hartack was the
colts rider,
Jimmy Combest, who was
aboard Roman Line, had no
excuses. He had no trouble
and he ran a terrific race.
That's all I want to say" Com
best told interviewers.
Ycaza, who became Ridan'E
rider March 81 and won thG
Florida Derby and Blue Grasc
Stakes with him, seemed slightl,'
disappointed. II thought We
had it at the head Of thc
stretch" he said. We'll. that
racing"
Ray York, VINO had pilotet
Determine to victory in "a, sait
Of his mount, Sir Ribot: g
think the big colt ran WELL
This was considered an under
statement.
Shoemaker also thought Sun
rise County would do better H.
the Preakness and Belmont. tho
other races in the famed Triple
Crown.
The Preakness is May 10 a.
Pimlico and the Belmont juno
8, where all who choose prob
ably will get another crack al
Decidedly.
Chenery Horse Wins
} For the second afternoon t.
a row the shock Of losing ST.
Gaylord forever as q runnei
was softened for c. T. Cheners'
Of boswell, Va, when his 2
year-old filly, Speedwell. cap.
tured the $10,000-added Debu-
tante Stakes, fifth race on thc
card.
It was bad news for Chener'
when he arrived yesterday t.
learn of Sir Gaylord's fractureC
sesamoid but Cicada's smash
ing victory in the Oaks bright
ened that afternoon as Speed
well did today. Backed down II,
1920 to 81, Speedwell needeti
all the urging Of Shoemaker t.
stand off the outsider. Gin,
Artist, by a nose. Her time wa,
q blistering 58.4, two fifths o.
a second off the track record.
Evening star., 1962-05-06

owned-and-bred colt whipped
strip in a clocking that was one
and two-fifths seconds faster
than the mark set by Whirl-
away in 1941.
His daddy was Determine,
first gray horse ever to win the
classic, and Decidedly became
the second Of that color. But
his victory was even more
smashing than his sire's as he
beat Roman Line by 2K lengths
and rewarded his supporters
with $19.40 TO win. $500 to
place and $4.20 to show.
A neck behind Roman Line
came the 11-to-11 favorite.
Ridan. who in turn was a neck
ahead Of the rangy. English
bred Sir Ribot. All finished
the mile -and-a-quarter test in
time that would have won an
average Derby but there was
no denying Decidedly's superb
ority.
Roman Line paid 1920 and
$3.50 and Ridan So to show.
Hartack Comes Back
Bobbing on his back was the
years forgotten man among
top-level Jockeys. Bill Hartack.
winning his third Derby in five
tries. Hartack, who won aboard
Iron Liege in 1857 and Venetian
Way in 1860, has had difficulty
winning big events of late, but
made up for it today.
The triumph was worth
$ll9,650 to George A. Pope, jr.,
owner of the vast El Peco Ranch
in the Upper San Joaquin VAL
ley, and was the fourth biggest
Of all Derby purses. A one
time polo player, Pope had
never been represented in the
bluegrass piece de resistance
in the past.
Spread out behind the first
four finishers were, In order
Sunrise County, Crimson Satan
Green Hornet, Good Fight, Ad-
miral's Voyage, Touch Bar.
Royal Attack, Lee Town, Mister
Pitt, Sharp Count and Prego.
Only Sunrise County, the Sec
ond choice, was a factor, al
though Crimson Satan finished
full Of run after being bumped
at the start and shuffled back,
At the start of today's race,
run under sunny skies in 30
degree weather, the ]. v. p,
Stables Lee Town went to the
front almost Immediately.
They swept by the stands
with Lee Town, Sunrise County,
the second choice: Fred w.
Hooper's Admiral's Voyage and
Ridan showing the way.
Lee Town held his lead 60
ing into the backstretch as
Ridan came up on the outside
and began to challenge in what
seemed an unusually early
move for the giant speed horse.
Ridan Forces Pace
Ridan forced the pace down
the back stretch as he fought
for the lead and going into the
far turn attempted 10 veer out
from the rail. Roman Line,
meanwhile, was getting in the
act as Lee Town suddenly ran
out Of gas and was through.
Admiral's Voyage, ridden by
Braulio Baeza, and Sunrise
County, with Willie Shoemaker
UP, were joined by Ridan as
they whipped around the final
bend.
The three horses charged
head and head almost ss 9
team to the head Of the stretch
where the race mad begun.
. The crowd was in an uproar
as 1t became evident 1t was
anybody's race.
But Hartack knew where to
!, find the winners circle. He
brought the big grey bouncing
down on the outside Of the
leaders and, putting them away
one by one, he showed his nose
j in front under stiff punishment
. to draw away to his thrilling
victory.
It was Decidedly's fifth start
Evening star., 1962-05-06
CHART OF DERBY

(copyghL by Publications, Incl -, -
SEVENTH RACE Churchill Kentucky Derby " miles
weigntS
third
Ranhs Determine FILE Irainer H. A Lure
Evening star., 1962-05-06

ES-dopT mgtssls DaldDEGTDEpIY sis4o $500 s42o
taken hsnd a start 70 Re hd reserve for x uons
flrong marker and
seaded while maintaining
little left contain bated bid q vim
rush along outside nsreai,sr prompt ne Issue run eSWh
finished COUNTY
En soias much more Kindly than 6ors dsd Vigorously Tor the sS
shufd start rallied after
o In Q
TOUCH BAR shar outside LEE TOWN tired badly
tSe otUt MI as pud 1S appeared 0w S
Evening star., 1962-05-06
NIGHT BASEBALL

Baltimore 900 900 O00--0 0 0
Los Angeles no 600 O0x-2 6 l
Barber, Stock l5I and Triandos;
Belinsky and Rodgers.
Cleveland 100 lO1 0
Kansas City 000 600 0
PAfy and Romano; Ditmar,
Wickersham (6) and Azcue.
Evening star., 1962-05-06

w-Faced three men In Ath; x-Faced
two men IN IN; y-Faeed tWo men in eth.
WP-AndeFs0n, Bolin. PB-Berten. u
venzcn. Pryor. DonateIli, Secory. T-3:o4.
A-I1s361.
Evening star., 1962-05-06

o - CaFrigan, Hurley, FIah
Runse. r-2:S6. A-lS.2s1.
Evening star., 1962-05-06

AIT home run after tnheriting and
count for Miller In tth; b-Struck out for
puffaio In eth; c-Simgled for Anderson In
5sh; d-Singled for Schultz In 7th.
Evening star., 1962-12-24
Rome Snow Is First
In Six Years

ROME, Dec. "a (AP). .-Ital-
ians bustling about Rome in
pre- Christmas activities were
surprised last night by the first
snow in six years. Other parts
of Italy and Greece were raked
by fierce snowstorms and high
winds that left at least two
dead.
Villages in Northern Greece
were isolated by snow-choked
roads. Army emergency squads
attempted to cut through with
snowplows.
Evening star., 1962-12-24

at II am, will feature music
from the candlelight service
presented last Sunday at Ma
tional Presbyterian Church.
The second, at pm, will be
given by st. Matthew'S Cathe-
dral Choir of Men and Boys
and will offer traditional
Christmas carols.
Other churches which have
announced special Christmas
Day services, and the times Of
those services, are:
Catholic
81. Francis Polish National, which
meets in Bethlehem Chapel, Washing
ton Cathedral, mass Of the Nativity at
IL am.
All Souls Memorial, 1900 Cathedral
avenue NV" holy communion 81 s'5O
"'o Grace ieo7 Grace Church road,
Silver Spring, holy communion at 7;3o
and 1890 am.
bt. PHtrlCkS S. 1910 BRUSH uTiNc'
Falls Church, holy communion at IL
am.
Bethlehem, Sixteenth and T streets
&c Christ. 4 I 81 Sixteenth and oallatin streets
Nci Church Of the Deaf. in Christ
Church, 51Ol Sixteenth street NV
: First Trinity, Fourth and streets
Mount oiivst, 1905 Vermont avenue
!" Peace. Forty-ninth street and Ames
place NE, holy communion at lO:5O
IA Ascension. 742o Ardmore road,
Calvary, 9545 Georgia avenue Silver
Spclnsi Church h o. q |" the Cross, s24 Great
Fails road. Rockville, 10 am, -
Holy. Cross, % Ridge road GREEN
OetS, Our Savior, Glymount and Old
Indian Head roads, Indian Head, 10
oxOn Hill, b7s5 oxOn Hill road,
o1P1 Pilgrin. ' $500 Massachusetts avenue.
Bethesda, German service at 10 am"
Redeemer. 1899 East west highway,
Hyattsville, 10 am.
st. PauIs, CnarloJIe hhl' Mu'' o'"V
Trinity, Bowie. $50 am.
Trinity, Thirteenth street and Bunk
er Hill road. Mt. Rainier. 10 am.
Trinity, Lexington Park, Md, $50
b Bethany. Beacon Hill road and Oak
drive, Groveton, Va, am.
Concordia, Fuller Heights road, Tri-
angle, Va, IL am
Grace, meeting IN Marumsco Ele-
mentary School. Woodbridge, Va, Q
Emmanuel. 1901 Russell road. Alex
Our savior. Ninth and South Taylor
streets Arlington. IL am.
Prince Of Peace, meeting In keene
Mil Elementary School. Springfield
st. Johns. Franconia road and St.
Johns drive. Franconia. Va, holy
communion ct 10 am.
st, Paul's 1901 Leesburg pike, Fails
Church, holy communion ct 10 am.
Presbyterian
Knox Orthodox, Granville drive and
Sutherland road. Silver spring, II am
Vienna. Park and Church streets,
Vienna Va, 10 am
Unitarian
Rockville. family carol sing around
bonfire on the church's land on Nor
ris street behind West Rockville Ele-
mentary School. 4 pm.
Evening star., 1962-12-24

the way its army had acted.
Administrators were accused of
being insensible to the peoples
interests.
Now, the administrators are
being accepted by the people
The economy is slowly adjust
ing to the general Indian pat
tern. Iron ore exports are NOV
ing again, and plans are being
discussed for a steel plant.
One year after it was a blaz-
ing international issue, Goa is
now only an obscure local mat
ter with occasional echoes in
sharp words at the United Ma
tions between India and Portu-
gal.
Evening star., 1962-12-24
AFL Urges
$14.5 Billion
Cut in Taxes
BY the Associated Press

The AFL-CIO has proposed a
Itwo-stage $l4.5-billion tax cut
coupled with loophole- CLOSING
reforms to stimulate the econo-
my and offset a recession next
year.
The plan, part OF it to be ef-
fective on January /, 1868, and
part later. was outlined in q
letter from AFL-CIO President
George Meany to President I
Kennedy. It was discussed also
by Stanley Ruttenberg, direc-
tor of the AFL-CIO department
of research, in a radio inter-
view (MBS-'Labor News Con-
ferenceD.
Specifically the plan calls
for:
A reduction in the present 20
per cent individual income tax
levy on the first $4,000 Of tax
able income, cutting the rate
to IL per cent on the first
1000 and to is per cent OF
the second $1,000, both to be
effective this January /.
A second-stage reduction In
the corporate levy from So per
cent to 49 per cent and in the
range of individual rates from
the present 20-9l per cent to a
1895 per cent spread, but tied
in with reforms to recover some
of the revenue loss.
Mr.. Meany, who estimated
the cuts at SO billion and $5.5
billion respectively, said in his
letter that:
Such loopholes that should
be closed include the spe-
cial tax treatment Of capital
gains. eXorbitant depletion al
lowances. special tax exclusions
and credits for dividend reCipi-
ents, the tax-free receipt of in
terest by the owners Of State
and local bonds, income split
ting to reduce effective tax
rates, the use of family part
nerships to avoid taxes, unjus-
tifiable estate and gift tax
loopholes and others"