davidaulloa/AmericanStories huggingface dataset:
Evening star., 1963-03-03
BY j.. A. OLEARY
Star Staff Writer

A Senate subcommittee will
begin soon a study of anti
trust laws being passed by
European countries in connec-
ton with the development Of
the Common Market.
Senator Kefauver, Democrat
Of Tennessee, chairman of the
Antitrust and Monopoly Sub
committee. said there is a new
interest In Europe In antitrust
laws to make sure that the
elimination Of tariffs and
quotas on International trade
will not be replaced by pri-
vate restraints.
The first step in the study
will be a public hearing Fri
day. The witnesses will be @.
Griffith johnson, Assistant
Secretary of State for Inter-
national Affairs, and Henry
Cabot Lodge, former Ambas-
sador to the United Nations
and now head Of the Atlantic
Institute.
I'd Session Scheduled
Another session will be held
on March IA to hear DR.. Jack
Behrman, Assistant Secretary
Of Commerce for International
Affairs: Chairman Paul Rand
Dixon Of the Federal Trade
Commission. and Lee Loevin-
ger Assistant Attorney General
in charge of the Anti Trust
Division.
'In view Of the ever-increas-
ing volume Of American exports
to and investments in West
ern Europe, these developments
are Of the highest significance
for American foreign policy as
well as to American business, /"
Senator Kefauver said, refer
ring to the European antitrust
laws.
Backgrounds Different
"It is therefore most import
ant that we understand the
underlying assumptions and ac-
tual operation Of these laws.
In many ways they are quite
similar to ours. In other as
poets, the different European
economic and political back
grounds. as well as European
ingenuity, have produced diff
ferent approaches to some of
our common problems. from
which we may well be able to
learn.
"In any event. 1t will be
quite a long time before the
development of q body of pre-
Evening star., 1963-01-30

The Treasury sold nearly $4.S
billion OF Series E and H saw
ings bonds last year, down $26l
million from 1861, The total of
outstanding E and H bonds in
creased by 81 billion during
1862, to $45.5 billion.
Interest rates generally are
expected to rise because of mar
ket forces and deliberate policy
actions by the Federal Reserve
Board and the Treasury.
Heavy Government borrow
ing to finance large budget def
icits will increase demand for
credit, so the Treasury and all
other borrowers will have TO
pay a higher price in the form
Of interest. If tax reductions
achieve the goal of stimulating
business investment, borrowing
by corporations will further in
crease demand for credit.
1t is possible for the Treasury
and the Federal Reserve to
moderate the inward pressure
on interest rates. They un-
doubtedly will do so, to a de-
gree, but advocates of easy
money fear that the authorities
will permit or even encourage
rate rises.
Fear Effect on Tax Program
These advocates warn that
actions to tighten the supply
of credit and raise interest
Evening star., 1963-01-30

extent of permissible Treasury
borrowing from banks.
No precise formula is
feasible, experts say, because
so much depends on the
economy's progress.
So long as the economy is
sluggish many experts main
tain, it will be all right to
finance much of the deficit
through borrowing from banks
without much risk of initiation.
But as the economy gains, they
continue, it will be necessary
to borrow more outside the
banks-with consequent upward
| pressure on interest rates.
Although interest rates gen.
orally are expected to rise. this
movement probably will be
gradual, officials predict. Not
until economic progress absorbs
some of the present slack, "
they reason, will demand for
credit exert much upward
| pressure on rates.
The administration figures
this will not happen to any
great extent for about a year
after Congress enacts the tax
program-hopefully this sum-
mer or fall.
Evening star., 1963-01-30
Kennedy ReportedPIanning to Increase
Interest on u. S. Savings Bonds to 40

rates could nullify the stimula-
tive effects of the tax program,
At the center of the contro-
versy now is an argument about
how to finance the budget def
icits. Chairman William Nc
Chesney Martin, jr., of the Fed
eral Reserve Board insists that
a substantial part of the def
icit must be financed by bor-
rowing from savings, not by
selling Treasury bonds and bills
to commercial banks.
He contends that heavy bor-
rowing from banks is very in
flationary, because the banks
in effect create the money they
lend.
The Federal Reserve has the
power to limit Treasury bor-
rowing from banks by curtail-
ing the banks lending capacity.
High administration officials
agree with Mr.. Martin that q
substantial part of the deficit
should be financed outside the
banking system. Although nc
explicit understandings have
been reached, these officials
maintain they expect nc
trouble with the semi-inde-
pendent Federal Reserve.
No Easy Formula
Nevertheless, some degree oi
difference may develop be-
tween the administration and
the Federal Reserve over the
Evening star., 1963-01-30
Taft Defends
Mckinley Record

Representative Taft, Re-
publican of Ohio, sought yes
terday to correct what he re-
garded as untrue and unfair
criticism Of President William
Mckinley.
Mr.. Taft, son Of the late
Senator Robert A. Taft and
grandson of President William
Howard Taft, was designated
by the Ohio Republican dele
CATION in the House to deliver
Evening star., 1963-01-30
BY LEE M. COIN
star staff Writer

The Kennedy administration
plans to raise the interest rate
on savings bonds from 324 to 4
per cent late next year or early
in 1865, authoritative sources
said today.
BY that time. the sources
said, interest rates throughout
the economy will be rising, and
it will be necessary to boost the
rate for savings bonds to keep
them competitive.
Some experts predict that the
general level Of interest rates
will start climbing significantly
during 1868. II that happens
the administration probably will
raise the savings bond rate this
year or early in 1864.
Revives Money Issue
Interest rates generally are
expected to rise as an indirect
result Of the administrator
tax program and big budget
deficits. The prospect that rate'
,will rise has revived controversy
over "tight" and easy" none.
tary policies.
4 The administration can raist
the rate on savings bonds a.
high as 4A per cent withou
congressional action. The mos
recent rise, from 314 to 3s4 pc
lcent, took effect in June, 1853
Savings bonds now are onl,
Evening star., 1963-01-30

barely competitive with savings
accounts and other outlets for
the average citizens nest egg,
Some savings and loan associa-
tions pay as high as 4.8 per cent,
Vital to Sale Of Bonds
Tax advantages, patriotic mo-
tives and the Governments top
credit rating offset to a degree
the savings bonds interest rate
lag. But officials concede that
savings bond sales would decline
sharply If the rate disadvantage
widened.
The Government has not
raised the rate above 394 per
cent so far because 1t is not
practical to change rates on
savings bonds as frequently as
banks and other borrowers re-
wise their rates. The Govern
ment must be sure about long
run rate trends before chang
ing the interest 1t pays on saw
ings bonds.
Bonds Total Rises
Savings bonds are q signifi-
cant instrument for financing
the Federal debt. accounting
for more than one-fifth Of the
debt held by the public. Con-
tinuing large sales Of savings
bonds are considered essential
to minimize the inflationary
impact of deficit spending.
Evening star., 1963-01-30

archaic and that his role in
American history was mean
ingless today. He described
President Mckinley as an ef-
fective leader at the time of
this country's entry into the
world scene. He also praised
Mckinley as one of the most
effective members in the his
tory of the House.
Evening star., 1963-01-30

the traditional Mckinley
birthday eulogy.
The 36-year-pld newly elect
ed Congressman-at-large from
Ohio declared that great dis
service has been done to the
memory Of Mckinley by unin-
formed men or special plead
ers." He denied that President
McKinley's times have become
Evening star., 1963-01-30

"Atkinson" brand merchandise, famed for high
quality is carried by fine stores across the nation
and is sold exclusively in the Washington area by
Woodward & Lothrop.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-12
WORDS, WIT
AND WISDOM
MISS PEACH
III AND LOIS
&c.
FREDDY
MRS. FITZ
BY WILLIAM MORRIS

Question: I'd like your opinion
on two words. The first is one
I learned during World War II
in the Marine Corps
''boondocks." The second
picked up during the Korean
War when l was a pilot in the
Air Force. We used an express
sion for an overlong final ap-
proach-''bringing it in from
the TALES" l understand and
have used these expressions
hundreds of times, but would
still like to know when, where
and how they got started
Robert E. Game, North Airing
ton, Va.
Answer: I'm afraid | draw a
blank on the second expression
but I'm sure there are other Air
Force pilots among my readers
who can give us the answer
about ''tallies.
"Boondocks," though, has
been a Marine Corps word ever
since the first occupation of the
Philippines. It's the corpsmen's
version of a Tagalog word
"bandok," meaning mountain.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-12

to such mispronunciations as
iv-in-G ROOM and dy-nin.
GROOM.
Copyright, 1853, by william MorriO
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-12

But, while the Philippine native
meant simply mountain" when
he said "bandok," the meaning
became somewhat broader in
American use, eventually COM
ing to mean any kind Of rough
back country.
A few years ago it appeared
prominently in press association
dispatches about alleged over
harsh training procedures at
Camp Lejeune. The stories
reported that trainees were
marched at night through the
"boondockS" which included
swamp areas where one recruit
was drowned. Thus "boondocks"
in service slang now means any
kind of rough back-country, from
tne original Pmnpplne mountain
to sea-level SwampS.
Question: Should the words
bedroom" "diningroom" and
"livingroom" always be one
word or are they sometimes
used as two words. l have seen
them both ways.-L. D., Pitts
burgh, Pa.
Answer: With apparent incon-
sistency, style guides say that
bedroom is one word while
living room and dining room
should be treated as two-word
phrases. Presumably this ever
dict" is based on usage, the
way the words most often ap-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-12
SHERWOOD
ON BRIDGE
Take illnesses
In Right Order
By ALFRED SHERWOOD

Don't give up just because all
the illnesses lose. In some hands
you may have an extra chance
for your contract-provided you
take your illnesses IN the right
order.
South dealer.
EaSt-WeSt vulnerable.
NORTH
Ak
0Q1Os74
o652
@J972
WEST EAST
A1O9S64 AAQJ52
Us 062
0KJ8 os4s
@K643 &1085
SOUTH
AIS
0AKJ93
o AQ107
%AQ
South West North East
~ Pass 20 Pass
~ All Pass
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-12

0OuSu west N0rCn East
~ Pass 10 Pass
~ All Pass
Opening lead Ten of spades.
East won the first trick with
the ace Of spades and returned
the nine Of diamonds. This gave
South his chance for a finesse,
and he lost the 10 Of diamonds
to the jack.
Back came a trump, and de-
clarer took the ace and queen
Of hearts. Then he tried a finesse
with the queen of diamonds.
This lost, and back came a
diamond.
South won the diamond return
and ruffed a spade In dummy
to try the club finesse. West
took the setting trick with the
king Of clubs, and South com.
planned that he was the un-
luckiest bridge player in five
counties.
Missed a Chance
It's true that South was un-
lucky. The odds are 2 to 4
against losing three illnesses.
Still, South missed a chance
to make his contract.
It was correct to try the first
diamond finesse when that was
thrust on South by East's lead
of the nine Of diamonds. But
S0uth's next finesse should be In
clubs.
Even though the queen Of
clubs loses to the king, South can
get rid Of a diamond on dunn
my's jack Of clubs. If the 10
Of clubs happens to fall, South
can get rid Of a second dia-
mond-and then will not need
another diamond finesse.
If the 10 Of clubs does not
happen to fall, there is still
time for South to fall back on
his second diamond finesse. It
can cost nothing to try for the
clubs first, and in this case the
correct play would give declarer
the contract.
Daily Question
Partner opens with one no
trump ZIG to 10 points,, and the
next player passes. You hold:
AK0 Q1O874 652@Js72I
What do you say?
Answer: Bid two hearts.
Game is very unlikely when
you have only 6 points opposite
a Is to IS point hand. II part
ner raises, showing 10 points
and a fine fit for hearts, you
can then 60 on to game.
(copyrisht. 1868. Gen. Features Corp.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-12-12

pear In print. Actually, though,
l suspect it's because Giving
room" and "diningroom" writ
ten solid would lend themselves
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-14
Trov-Ler Expects
Record for Year

CHICAGO DD-Trav-Lel
Industries, Inc, ell have rec.
ord profits and record sales o.
between $26 million and $2I
million" in fiscal 1864, Joe
Friedman, president, forecase
at the annual meeting.
Trav-Ler's previous earn
ings high was $706,227 or rs
cents a share in fiscal
1860. The previous sales rec
ord was $25,065,078 in fiscal
1862.
In the year ended April 80,
1868, the maker of private
brand televisions and radios
earned $248,766 or Is cents a
share on volume of $22, los, 904.
The introduction Of color
television this year by Trav-
L,er along with increasing con-
sumner demand for such units
is a major reason for the COM
pany's record prospects, Mr..
Friedman said. homecoming
costs and start-up production
problems involved in color TV
are largely ended and "some-
time in the current quarter
ending october 31-we should
start showing a profit" on the
color sets, he said.
Sales for the fiscal first
quarter ended July 81 "were
not up to last years." Mr..
Friedman said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-14

the entertainment. and the ma
ture Of any business discussion
or activity. (For quiet bust
ness meals" nature of business
discussion or activity is not re-
quired);
Business relationship Of each
person entertained for whom a
deduction is claimed, including
name or title, occupation or
other designation which shows
business relationship to you.
If the entertainment pre-
cedes or follows a bona fide
business discussion, you must
also have the following infor-
nation in addition to what is
generally required:
Time. including date and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-14
Collect information
For Tax Deductions
. By SYLVIA PORTER

address or location and de-
scription Of the entertainment
such as dinner or theater, If moi
otherwise apparent;
Business purpose, including
business reason or nature Of
the business benefit derived OF
expected to be derived, from
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-14

length Of business discussion;
place Of the discussion;
Business purpose. including
nature of the discussion, and
business reason for the enter
tainment, or nature Of business
benefit derived or expected To
be derived from the entertain
ment.
Business relationship, includ-
ing Identification Of those par
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-14
YOUR MONEYS WORTH

nature of the business benefit
derived or expected to be de-
rived as a result Of travel to
each place.
For Entertainment Expenses:
Cost; time, including date;
place or places, including name,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-14
Eighth in O Series


under the old Cohan rule, Is
finished.
Under the Cohan rule as de-
veloped by the courts, If you
could prove that you had some
deductible expenditures, though
not the precise amounts, you
were entitled to deduct q rea-
sonable estimate. While the
courts would weigh your own
estimate against you because OF
your failure to keep records,
the net effect was to allow you
to take a substantial deduction
despite your failure to keep
proper records. But the Treas
ury convinced Congress that
this rule permitted taxpayers
to deduct entertainment and
travelling expenses to whic h
they were not entitled. Con-
gress changed the law so that
if you don't have proper rec
ords now, you may lose all of
your deductions.
The Cohan rule was elimi-
mated only for travel expenses
away from home, entertain
ment expenses and business
gifts, though. You still can use
the Conan rule to justify de-
auctions for reasonable esti-
mates Of other types Of ex-
penSes, even if your records
don't support them to the
penny
Here is the information you
must have in order to make
your expense account deduc-
tons affected by the 1862 law
stand up.
For Travelling Expenses:
Cost, including transporta-
ton, meals and lodging, and
incidentals such as telephone
and telegraph, etc.;
Time, including departure
and return date for each trip,
and the number Of days away
from home spent on business;
place, or places Of travel, by
name of city, town, etc.
Business reason for trip, or
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-14

So far this series has concen-
trated on what you can deduct.
But. let me warn you again. no
matter how valid your enter
tainment expense may be un-
der the new rules, you will lose
your deduction if you don't
keep proper records.
Basing your expense account
deductions on estimates alone,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-14

STORE HOURS: Mondays, Thurs.
days and Fridays, $3.50 am. to 9 pm.
darlington only open to $3.50 PM
Tuesdays, Wednesdays and Saturdays,
$50 am. to 9 pm. Free Parking!
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-14

We Invite You TO Come
in or Call to Open
a Sears Revolving
Charge Account.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-08-14

Garden Shop Alabama, Badesbg Arlington
The Sidney herald., 1963-02-20
How About That =.
You Could Hove Some
IS Money Coming

self-employed persons, other
than farmers, who expect to
owe at least $40 income tax
on income not subject to with
holding, are required to file
declarations of their estimated
income tax law, Gardner said,
payments. The law permits the
inclusion of the estimated
social security self-employment
tax in these declarations and
advance payments.
You should be very careful
as a self-employed person in
giving complete answers to all
of the questions on Schedule
C-3 and the Schedule Sc at
tached to the bottom on Seized
ule C-3. The District Director
of Internal Revenue detaches
the bottom portion after he
determines that a correct tax
payment has been made ano
sends it to the Social Security
Administration in Baltimore
Md. There it becomes a perma-
nent part of your social secu-
rity earnings account. 1t will,
one day be very important il
fixing the size of the benefi
checks which you have earned
for yourself and your Deepen,
dents as a self-employed per,
son under social security, Gar
dner said.
The Sidney herald., 1963-02-20
County Health
Department
Issues Warning

The Richland County Health
Department is forever plagued
with the cooks and mattresses
not wearing the proper head
coverings when on the job.
1t is a known fact that hair
does continuously break and
fall from the head all the time,
unless these workers have the
proper head covering to pre-
vent the hair from contamina-
ting the food = all hair carries
different types o bacteria which
would contaminate the food
when falling into it.
The Richland County Board
of Health as we'll as the State
Board of Health says that all
personnel in eating and drink
ing establishments shall at all
times wear a proper head COW
ering. If all persons handling
food wear proper head cover
ing it will prevent the hair
from getting into the food.
The State Board of Health
states that this is the RESPONSE
bility of the owner or opera
] tor of the eating establishment
The Sidney herald., 1963-02-20

Timely tips were offered to-
day by Glenn A. Gardner, So
cial security district manager
in Billings to help you make
sure that you get all of your
social security earnings credited
since it is tax-paying time.
Gardner emphasized that if
you worked for two employers
during 1862, you may be en-
titled to have any excess So
cial security taxes you paid
refunded, or applied to reduc-
ing the income tax owed.
In 1862, he said, you as an
employee had 3@ percent of
your earnings UP to the first
$4,000 a year deducted from
your wages by your employer.
Your W. Form should show
no more than $3.50 deducted
from your wages in the FLEA.
Federal Insurance Contribu-
lions Act box even if you were
paid more than $4,000, the
maximum creditable for social
security.
The Sidney herald., 1963-02-20

Gardner pointed out that if
you worked for two or more
employers during the year and
the amounts in the FLEA.
boxes on all of your VIZ forms
add up to more than $3.50, you
have money coming back.
The tax rate for a Self-em-
ployed person for 1862 was At
percent of the first $4,000 of
self-employment earnings. Even
though you have several de-
pendents and small earnings,
and you might not owe any
income tax; a self-employment
social security tax must be
paid and a return filed if your
net earnings exceeded $500 fol-
the year.
Many self-employed persons
who file declarations of estima-
ted income tax prefer to spread
out the payment of their so.
cial security tax by paying i
in four installments along with
their estimated tax. Under tht
income tax law, aGrdner said
The Sidney herald., 1963-02-20

Memorials in memory of
VIM. Haase-Mr. and Mrs. Rus
sell Mercer.
Memorials in memory of
Mrs. Richard Hass-Mrs. Otto
Williams, Arnie Andersen,
Louis Verhasselt, Ralph Blair,
Mrs. j. J. Hart, Mrs. Pat Kelly,
Enich Iversens, VeSS and Ralph
Hurley, George GoldsmithS.
Memorial in memory of Ber-
tie Wind-Mr. and Mrs. Gun
mar Hansen.
Memorials in memory of Mrs.
Arnold Andersen-MrS. S. N.
Norgaard, Marvel Lyon, Mr..
and Mrs. Andrew Petersen,
Astrid Petersen, MI. and Mrs.
Dennis Dynneson.
Memorials in memory OF
Mrs. K. c.. Carpenter-Mr. and
Mrs. w. F. Searles, Mr.. and
Mrs. Vic Koch, Mrs. Chris
Petersen and Astrid.
Memorials in memory OF
Mrs. Annette Olson-Mr. and
Mrs. Gunnar Hansen, Mr.. and
Mrs. Nels Bach, Mrs. Chris Pc
terSen, Mr.. and Mrs. Dan liver
sen, Mr. and Mrs. j. T. Petrik
Mr.. and Mrs. j. B. Johnson, DR.
and Mrs. A. R. Sanford, Roy
Degn, Mr.. and Mrs. Juliu:
Degn.
Memorials in memory o.
Mrs. Eva Martin-Mr. and Mrs
Charlie Young, Mr.. and Mrs
Lowell Young, Mr.. and Mrs
Herbert Young and family, Mr.
and Mrs. Glenn Young anC
family, Mr.. and Mrs. Rober
Young and family, Mrs. Haze
Knudsen and family, Mr.. ant
Mrs. James Perrin, Aun
Jeannett, Roy Young, Waite
The Sidney herald., 1963-02-20

If you belong to an organi-
cation, ask the Montana Heart
Association, Great Falls, for
speakers films or published
materials to keep your mem
bers informed about cardiovas-
The Sidney herald., 1963-02-20
RichIand Memorials

Young, DR.. and Mrs. VIM. O..
Anderson, Mabel Swihart.
Memorial in memory of Mrs.
Christ Johnson: Mr.. Carl Hun
ter.
The Sidney herald., 1963-02-20

like my husband to be in show
business-a writer, director or
producer, but not an actor.
Very few actors are smart.
Most actors are narrow-mind-
ed"
The Sidney herald., 1963-02-20

cular disease and how to pro-
tect their hearts.
Anna Maria Alberghetti de-
scribes some requisites for her
dream man to wit: 81 would
Evening star., 1963-04-23
Dollar Day
For CARE
Is Thursday

CARES once.a-year Dollar
Day, probably the shortest
fund raising campaign Of It's
kind. will be in full swing
Thursday.
The campaign is being held
in order to raise funds in the
Washington area for the
CARE Food Crusade.
A tea for campaign volun-
teers and the wives Of am
bassadors Of the CARE Food
Crusade countries will be held
Tuesday at the Embassy Of
Iran.
This year CARE expects to
help feed 26 million people
through the Food Crusade, 1t
was announced by the CO.
chairman of Dollar Day. Mrs.
Edwin McCammon Martin,
wife Of the Assistant Secre-
tary of State Of Inter-Amer-
lean Affairs: and Mrs. George
8. McGovern, wife of the
junior Senator from South
Dakota and former director
Of the Food for Peace Pro-
gram.
Mrs. John F. Kennedy Is
honorary chairman Of Dollar
Day.