davidaulloa/AmericanStories huggingface dataset:
Milford chronicle., 1963-03-15
A Fair Tax CUt)
For Everyone e

Taxes are going to be cut.
That IS the prospect, and for
once liberals, conservatives and
in-betweens are pretty much in
agreement that the burden Of
taxes which the nation is carry
Ing IS just too heavy for 1t to
move ahead.
Just when the tax cut will come
is a question. President Kennedy
indicated he wanted tax cut
retroactive to January 1, 1868.
But probably Congress will not
go along; It wants to hold long
hearings on any tax cut proposals.
Just what form the tax cut will
take is another question. Those
who want a quickie tax cut to
stimulate purchasing power will
argue for a cut mostly In the
lower brackets. Others will say
there IS already a good deal Of
purchasing power; what Is need
ed is a tax cut that will enable
business to invest In new plants
and will restore incentives -to
business investment.
Actually, we have had a good
plan for tax rate reform that has
been in Legislative form for some
time the Herlong-Baker bills
which were retntroduced in the
new Congress In January.
We suspect that lengthy hear
ings, If held, will convince the
Legislators that the Herlong-Bak-
er bills, or something mighty like
them, will De best for the nation
as a whole and will give fair
shake to everybody, Wage-earner
and businessman, investor and
average American.
According to the principles
embodied In the Herlong- Baker
bills, both individual and corpor-
ate rates would be reduced grad
ually over a fiYe-year period.
This gradual reduction Is most
important, since It lessons the
impact Of tax reduction IL any
Milford chronicle., 1963-03-15
IN THE AIR FORCE
by Elaine Townsend DickersOn

office. When we saw "Papa''
again he was huffing and putting
from trudging up and down the
steps, but he did get to see a
portion of that fabulous building
and can now picture where his
son-in-law operates days he
isn't lolling in Bermuda, that
is).
After this we went to the
Marriott Motel which is opposite
the Pentagon. It's reported to
be the largest motel in the
world. l wanted Kinney and
Mother to see the ice, skating
rink at the Marriott. The ice
is electrically controlled l am
sure, but the high temperature
Of the day could not quite be
compensated with and the rink
was closed and therefore was
void Of people.
We then drove to see the Fred
SnlrleyS VINO i've TWO streets
over from our house. AS many
of you remember, their son and
our Dawn went to kindergarten
together hand in hand in Topeka,
Kansas and now both children
are in the same Junior High
class room here in Alexandria.
We have been close friends for
many years and the members of
my family think as much Of Gene
(Eugenia and Fred as we do.
Before we knew 1t, 1t was the
end Of the day and the two
Townsend couples headed back
across the Chesapeake Bay
Bridge. Obi we did so much en-
joy having them.
Until next week.
Always,
Elaine Townsend Dickerson
Milford chronicle., 1963-03-15
BfBSON DISCUSSES.
HEDGES AGAINST INITIATION

Babson Park, Mass, March ia.
Many investors II stocks are
holding them lii belief Of coming
initiation. Although initiation would
not help non convertible pre-
ferred stocks and bonds, it should
help many common stocks. On
the other hand, initiation would
be a serious matter to most rail-
road, public utility, and manu-
featuring companies, which would
have to raise wages, pay more
for their raw materials, and yet
have difficulty raising prices.
During the next few weeks |
will discuss In this column some
companies with initiation hedge
characteristics.
ONLY A FEW RAILROAD
STOCKS APPEAL TO Me
Despite the plight Of the rail-
road industry, the outlook is far
from bleak for some ofthe major
roads. Better earnings are show
ing up with elimination of unpro-
fitable passenger business, in
creased efficiency, cultivation Of
new business, and gradual ex-
ploration and development Of
large land holdings.
ATCHISON, TOPEKA & SANTA
FE IS the largest railroad system
In the United States. It is no long
er heavily dependent upon agrt-
cultural freight. Land holdings
produce earnings from oil, lum-
ber, coal, and metals.
UNION PACIFIC supplements
It's revenues from its welI-bal-
anced rail freight business with
income from oil and gas produc-
ttOn, and dividends from extern
SiVe Investments both rail and
non-ran. Numerous parcels Of
land are owned In California,
Colorado, Wyoming, and else
Milford chronicle., 1963-03-15
State Banks TO Observe Centennial

There's always a lot more
to any centennial than the his
toric event on which it's based.
And the celebration Of Cen
tury Of Commercial Banking is
no exception.
Harold S. Wagner, president
OF the Delaware Bankers As
sociation, said this week that,
in addition to the observance of
Lincoln's signing of the Ma
tional Currency Act, the state S
bankers are also calling atten-
tion to two other significant
landmarks in the development
Of the present banking system.
These are the Federal Re-
serve Act of 1913 and the Bank
ing Act of 1888.
Wagner, cashier of The
Peoples Bank Of Harrington,
commented that the Federal Re
serve Act, comprehensive
banking-reform measure, was
based on an extensive five-year
investigation into money and
credit in the United States and
abroad by a special commission
set up by Congress.
This investigation succeeded
in pinpointing a number of
serious weaknesses which had
developed in the nation's fl
nancial system largely as a re-
suit of the tremendous strain to
which it had been subjected as
the economy rapidly expanded
in the post-Civil War period.
Acting on the commission S
findings, Congress sought to
correct these weaknesses by es-
tablishing, for the first time, a
central ''bankers' bank" and in
stituted a number of important
changes in the nation's banking.
operations which were to be tied
into the workings Of the new
Federal Reserve System.
Specifically, the new law
called for the creation of twelve
regional Federal Reserve
Banks, and among other things
required that all national banks
become members of the system
and keep a portion Of their re-
serves on deposit with the Re-
serve bank in their district. AS
for the state banks, they could
become members if they so de-
sired as, in fact, many have
in order to enjoy the advantages
accruing therefrom.
Under the new Federal Re
serve System, five major i'm
provements in the Y. S. bank f
ing structure resulted:
|. establishment Of ware !.
house" arrangement which made
credit and currency available to
sound member banks when
needed, especially in times Of
or panic when without
such aid they might be forced
to close their doors.
2. Creation of new elastic
Federal Reserve Note currency
which expanded with economic
growth, and contracted when the
volume Of business activity de-
,lined.
8. Inauguration Of an efficient,
nation wide check collection
system.
Milford chronicle., 1963-03-15
Capsules OF The News

Belts Vetoed: A bill requiring
that all new cars sold or offered
for sale in South Dakota after
Jan. l, 1864, be equipped with
front seat belts was vetoed by
Gov. Archie Gubbrud. He said
he agreed with the bill's intent,
but believed it "unfairly restric-
tive" in that buyers were Of
fered no choice but to purchase
the belts from the car dealer.
*x*
Military Decision: Unite d
States armed forces in Japan
viii receive Sabin oral polio
vaccine this month in a mass
immunization program, accord
Milford chronicle., 1963-03-15
1924 Bound Brook Lane
Alexandria, Virginia
March 6, 1868

Dear Friends:
I want you to know those Air
Force boys really have it rough.
Hayes flew military flight
yesterday to Bermuda and
yesterday afternoon his office
called to say the rainy and foggy
weather between here and there
forced the crew to weather
over" there. How tragic to be
grounded in Bermuda, don't you
agree? He should be home to-
day, however.
Last Sunday we had most well
come guests for the day. A little
prior to noon my parents and my
brother, Ted, and his wife,
Kinney, arrived to spend the
day here. If you'll remember,
it was a lovely sunny day any
way and having family here
made it even more pleasant.
We had dinner and then some
one, and l can't remember who,
I believe it was Ted, wanted to
see the Pentagon's interior and
especially Hayes office. On
Sunday there is a rigid security
force in operation and all of us
had to have special passes, sign
passes, have Hayes sign passes,
exhibit our passes on our per-
son, stay with our escort
Hayes) etc. We showed Mother
part Of the building, but steps
are just not her forte and We
returned to the entrance where
the rest of the party left Mother
and me and then they descended
two floors below to Hayes
Milford chronicle., 1963-03-15

ing to merican military
authorities in Tokyo.
Thaltdomide: Canadian Health
Minister J. Waldo Monteith told
a special House of Commons
committee on food and drug con-
trolls that Al infants deformed
by thalidomide have been re-
ported in the country, while the
cause of an additional 70 de-
formed births remains to be
classified. He said manufac-
turers must accept full re-
sponsibility for something they
put their names on and sell to
the public.
Milford chronicle., 1963-03-15

4. Provision for member
banks to borrow from the Fed
eral Reserve Banks when they
ran short Of funds to accom-
modate the legitimate seasonal
needs Of agriculture, industry
and trade.
5. Creation Of more eff
fective means of controlling the
credit and money supply of the
country with the aim of achiev-
ing stable economic growth
within the framework of our
competitive free enterprise
economy.
Carefully conceived as it was,
the Federal Reserve Act has,
over the years, fulfilled to a
large degree the great hopes its
sponsors had for 1t. But it, too,
had some weak spots, and when
these deficiencies became ap-
parent legislation was quickly
enacted that further strength
ened the nations banking struc-
ture.
Besides giving the Federal
Reserve System additional
powers for example, the
authority to raise and lower the
amount Of money which mem
Der banks could be required to
hold in reserve the Banking
Act Of 1888 put into affect more
rigorous standards of bank ex-
animation. OF greatest public in
tereSt, perhaps, was the guaran-
teeing of bank deposits through
the F.D.I.C. in much the same
way as the government put its
own guarantee behind the ma
tion's new currency in the Act
of 1868. And just as with mem
berShip in the national banking
system, deposit insurance was
made matter of choice for
individual banks. After the
troubled times Of the 193O's.
however, few banks wanted to
be without such insurance. AS
a result, almost all of the coun-
try's banks are now members
Of the Federal Deposit Insurance
Corporation, and all depositors
in these insured banks are pro-
tected against loss of their funds
up to maximum Of $4,000.
Bringing the Centennial
progress" story up to date
the United States commercial
banking system, building on the
sound foundation laid in the Ma
tional Currency Act and subse-
quent legislation, is today better
qualified than ever before to
meet the complex and varied fl
nancial needs Of our vast. di-
versified and expanding econo-
my.
In sharp contrast to the
money factories" and limited
service institutions of a century
ago, the 4500 national banks and
9000 state banks which today
make up our commercial bank
ng system are dependable and
efficient department stores of
that are fully equipped
o meet the needs of our grow
ng, dynamic economy.
Milford chronicle., 1963-03-15
DELAWARE FRIDAY MARCH 15 1868
Phone Company
Lists Invesfm enf

The Diamond State Telephone
Company's total plant invest
ment reached a record high of
$81,568,O00 at the end of 1862.
an increase Of SIS, ,426, 900 over
the 1861 figure, W. D. Gillen,
president, states in the com
pany's annual report published
today.
The company's net income in
creased during the year to $4,-
349, 900 compared with $685.
900 in 1861, Gillen reports.
Earnings on the net present
value Of the company's plant
improved slightly to 6.43 per-
cent from a 1861 rate Of 6.22
percent.
Construction expenditures OF
So, ,159, 600 we're required during
the year for expansion and serv-
ice Improvements, bringing the
total of such outlays for the
last five years to nearly $38
million, he adds
The cOmpany's payroll
amounted to So, 100000 for the
year, an increase of $455, 900
over 1861, the report notes.
"Our company and our sup
plier, The Western Electric Co.,
purchased So, 800, 200 worth OF
materials, products and serv-
ices from some 800 Delaware
firms and individuals, Gillen
writes. "'The combination Of
payroll and purchases repre-
sents a total direct contribution
Of more than $11 million to the
states economy"
The number Of telephones in
service in Delaware increased
by 12,147 during 1862 to the
year end total of 1896 with
practically all businesses and
"a percent of residences having
telephone service.
AS a result Of negotiations
between the Public Service
Commission and the company,
a 81 million three year pro-
gram was started in December
to reduce to four the maximum
number Of customers on party
lines in the state. Customers
are expected to save an esti-
mated $4,000 year as a re-
suit OF the elimination of mile
age charges.
Individual line service now
comprises 78 percent of resi-
dence service, compared with
66 percent five years ago, and
nearly half of the company's
customers now have
one or more extension teIe-
phones.
The daily average Of calls
originated by Delaware Gus
toners increased by $4,000
during 1862 to an average Of
!, ,009, 900 calls a day, the re-
port states.
More than "a percent of the
company's customers now have
access to the nationwide Direct .
Dialing network which .
reaches nearly so million tele-
phones in all parts of the coun-
try.
The same network is used to
interconnect teletypewriters by
direct dialing for the transmits
sion of printed messages over
telephone lines. Approximately
1870 teletypewriter machines in
the company's territory are
linked to this Dial Teletype- /
writer Exchange System.
The report notes that, over
he last three years, additional
and supplementary communica- 1
ions services have provided ap- i
oroximately $50 Of every 500 /
in local service /.
revenue and over $50 Of each
300 rise in total operating
revenues.
"The perform ance and
achievements Of the people who
are the telephone company were
2ever better than in 1862"
Illlen states.
Milford chronicle., 1963-03-15

holds foreign reserves Of over
/ billion tons In Canada and
Venezuela.
REPUBLIC STEEL IS another
domestic steel producer, spe-
.cializing in alloys and stainless
steel. Reserves Of iron ore and
coal are sizeable. Republic owns
500 Of Reserve Mining Company,
which supplies a large portion
of its iron ore needs In the form
of taconite pellets. It also holds
an interest In IRON Ore Company
Of Canada. A considerable amount
of money is spent for research,
emphasizing heat-resistant high
tenacity steel products for mis-
siles and rockets.
BETHLEHEM STEEL COR
PORATION constitutes the ma
tion's second largest integrated
steel producer. In 1862 tngot pro
duction came to I4.7 million tons,
or about 15g Of the Industry out
put. Light steel products recently
accounted for about csc Of sales.
Company is also the largest US.
shipbuilder. Capital expenditures
in 1862 amounted to $193 million
with 1919 million additional auth
ortzed on December 81, 1862
and about as much again schedul-
ed through 1865. Company has
increased output Of pelletized
high grade ores and has extensive
iron ore, coal, and limestone re-
serves.
CLEVELAND CLIFF MINES
should also be included in my list.
In addition to its own properties
1t has large interests in other
steel companies, and railroad and
fleet transportation connections.
Milford chronicle., 1963-03-15
Always,

Elaine Townsend Dickerson
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-13

PIANOS FOR RENT-Spinets. con
soles and Strands from IS month";
UP with option 10 buy. All populal
type instruments either new OF
slightly used. Hauling extra. JOR
DAMS. FOUR STORES. cornel
18th AZ q SITS, NV. (Phone ST. 9,
$4,000. Bailey's Gross roads shop,
ping center, Vlrginia (Phone 4si'
7iStD. 1882 oeorgia ave, silvel
5pring CPhone JU. 5-llO5D. I0l
William st., FrederieksburE, Va
(Phone Essex 3-7472) Full selec.
ton at all stores Bailey's Cross
Roads and Silver Spring stores
open evenings.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-13
REPAIRS AND SERVICES
CONTINUED

PAPER HANGING. labor and ma.
Painting and wall scraping. DER.
sHElMER, LII. 4-b253, LU. 1-i7S9.
PAPERHANGING, SIS and up this
0-1s67, ia. O-454s, VIII. 2-O4bs.
PAPERING or PAINTING, white
Cali pUFFY today o IA. SIZES YYS us
PLAsTERING. wall paper removal,
free est. Sun. all day, weekly aft,
SeJP,'I maa4 Work guar MR. JACK
PLAsTERINGs, new ork, repair
LINpYs PLAsTERINos, WA, I.
$3.50 or 3S4-023b.
PLASTERING AND WALL SCRAP
ING. LIST class. all work guar
anteed. Call RE. 7-2034.
ITsi. sos sS ~ d.y. ss s Soi
walks. patios. stepping stones.
Estimates and install. 70b-I00O.
PROFESSIONAL LAWN maintenance
and yard work, reas. rates. Call
bS2-37Ot.
ROOF REPAIRS. cutters. downspts.
DO own work, Low prices, free
estimates, Elk. 3-2b3b any time.
ROOFING, all roof repairs. gutter.
down spouts. roof painting, inside
painting. $40 up. Free est. bs2-
1868.
SEWING MACHINES and vacuum
cleaner repairs, Guar. free esti-
mates. Elk. 3-Ob4i.
Tv REPAIRS. free estimates in your
home. Dav and night calls. Rea-
sonable rates. ia, $1,000,
WALLPAPER REMOVAL bv the
only bonded and ms, paper re-
moval co. In d. C.. Nd. or va
DI $4,000
WELDING, cleo. or gas, all metals,
BY Job or hr. 10, 2-2n37,. am
8 pm; Ii. $4,000 after 8 pm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-13

OISRIEL PIANO a ORGAN CO.
Exclusive baldwin Distributor
025 q So. NV. MA, S-O423
IVA, Store Daily TIL 0, Sat. TIL 81
PIANOS, INC.-Begnr.'s spec, sieb,
no cash, 81 per mo-, tuned, deld.
Ful trade on new piano, b24-g440,
PIANOS, NC,-Lovely new pianos.
40 interest. no cash required.
1922 Lee hwy. Arl., near dlebe.
PIANOs-Brand new Kimball, AZ
IN. console, special price at Se0b.
AeI"csansnpuyy .r,ray,, ~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-13

PING PONG TABLE With aeces-
series, S3b or best offer. Phone
HU. l-0030 after 0 pm,
POCKET AND BILLIARD TABLES
z,Supplies, poker tables. games.
BOWLING SUPPLY CO.. -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-13
HOFFMANN'S

2447 18TH 81. NV. co, b-l052
FURNITURE, lovely, expensive, X
and drSpes. J mos, Old. Some an.
ave-. Apt. $50, Wo. 6-40iO. 10 % ).
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-13

PIANOS = For values In slightly
used pianos visit Jordan's at 18th
and q SITS. NV. Choice OF spinets,
consoles and gnnds In good
selection Of styles and finishes.
Easy terms. sT, 3-g40O, JoR-
DAMS, corner 18th and q SITS. NV.
PIANOs-Diseount prices and only
S25 down with low monthly pay.
ments at the PIANO MART. fOi5
9TH st. NV, (phone ST. a.0300)
and 500 Lee highway, Airing
ton (phone b36-0S2lD. large Sc
lection Of new and used spinets
and consoles in a wide variety
q finishes and STYLES. Arlington
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-13

FT yIhn1I.is di,, have available i0I
rooms o. fuEn, Bedroom, living
away BY my customer. This can
weekly aft. sIn. dn pymt. Call
MRS. JAY. Lu. 2-2OS1 for Appt.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-13

PALLETS, approximately 200
face. double entry. 4-ineh under
and ssSxsss. Ideal for ware
house materials handling, Can
T. a.. LARSON. Ii. $4,000. Ext.
234, Mon. thru Pr.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-13
SITUATION MEN
SITUATION WOMEN

ADMINISTRATIVE sECY.. mature.
capable OF manAging email office.
akiils IN typing. bookkeeping,
mimeographing. general Office rou.
tines, Sl2b wk. own tIansp., pres
OF. 4-10b0 after 0.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-03-13
ACKNOWLEDGEMENTS

CUNyENlENI NV, LOCATION'
S Rei5 p fEsS.r Circle Ls &C. stiis
IN ge. apt. bldg. Tastefully furn.
laundry iGciis,, So 10 incl utils,
call Mgr. FE. 7-alnn
The Detroit tribune., 1963-07-06

Avrv. Charles Perkins
STATE OF MICHIGAN
IN THE CIRCUIT COURT FOR THE
COUNTY or WAYNE
NO. o13o
ORDER TO ANSWER
Hen Dixon, Plaintiff vs.. Alice pixon'
Defendant.
Honorable Victor J. Baum
Circuit Court
Al a session of said Court held !"
the city County Building on 9th day
OF June 1868 In the City Of Detroit
ON the 9Th day OF June, AID. lscs'
nm action was filed by Ben p'>on'
plaintiff. against Alice Dixon, deien'
dant in this Court for absolute oi'
vorcc.
Ir IS HEREBY ORDERED that the
defendant. Alice Dixon shall answer OF
take such action as may be pcrmi''eu
by law on or before the 9Th day OF
september, AID, 1863. Failure 10
comply with this order VIII resu''
In a judgement by default against
the defendant. Alice Dixon for 'hc
relief demanded In the Complaint
filed I'm this Court.
Victor J. Baum, Circuit Judge
A TRUE COPY
Edgar NJ. Branigin. Clerk
b-22--I-27
The Detroit tribune., 1963-07-06

Willie Thomas. 3H. OF 100 Wood
land. was convicted of obtaining
false taxi service last wcek and
fined $3.50 or 80. uaNs IA the
House ot Correction.
Charles Wilson, o., oi h7i
Gladwin. a taxi driver, said hc
picked up Thomas al Mack ano
Cadillac, and drove him 10 Sla
Harmon. where Ic ROT out oi
the cab to gel the cab fare and
Disappeared
Wilson said later he spotted
Thomas AT drive IN restaurant
at 1880 John H.. where he was
arrested
The cab fare amounted io 81
80 Thomas MAS without funds
nrtorc passing sentence Judse
Rlcca told Thomas 10 pay the
cab driver the larc due. plus
So OF 80 10 lall
The Detroit tribune., 1963-07-06

James Calhoun. b. OF 2045 W.
Euclid. was sentenced to 80 days
IN the llouSc OF Correction last
week after he was convicted of
assault and battery
calhoun was arrested on the
complaint ol l,eriha lN'"" ~
oi 6a9 blaine. n former girlfriend
4 three weeks, who accused Cal
loun OF slugging her over the
left eve With a bottle when size
refused Ia talk TO him
rhc sentence waS imposed 10y
Recorders ; IN. g John A. Ricea.
Julian Franklin. 81. of 1914
Commonwealth. was CHARGED with
larceny IN a store last week IN a
JUDGE Paul T. krausc.
Franklin WAS arrested IN n
downtown department store. at.
Ter hc Is allcccd 10 have rcmoN.
cd pair of mems pants from
alsplaN rack and concealed
thcm under the racket he Was
wearing
the trousers retail for So qS
The Detroit tribune., 1963-07-06
ATTY WILLIAM v. BANKS
7iol crsfiof


STATE OF MICHIGAN
COUNTY OF WAYNE
SIS sl7.oo7
Al session OF the Probate Court
for said County of Wayne, held at
IN. Probate Court Room I'm the City
of Detroit. on the Fourth day Of
June. i'm the year one thousand nine
hundred and sixty-three.
PRESENT
HON. IRA G.. KAUFMAN
Judge OF Probate
In the Matter of the Estate Of
poZIER GARDNER, Deceased.
Nm. v. Banks, Administrator Of
said estate, having rendered TO this
Court his first and final account IN
said matter and filed Herewith his
petition PRAYING that the residue oi
said estate be assigned TO the per-
son or persons entitled thereto:
1t is ordered, that the Eight day
OF August. next at ten o'clock IN
the forenoon at said Court Room
loving said account and hearing SAID
petition.
And il is further Ordered. Thac
copy of tins order be published
once each week for three weeks
consccutivcly previous to said TIME
OF hearing, In the Detroit Tribune,
newspaper printed and circulated
in said County OF Wayne.
HON. IRA G. KAUFMAN
Judge OF Probate
do hereby certify that ! have
compared the foregoing copy With
the original record thereof and have
found the same to be corrcd
transcript OF such original record.
Dated June 4, 1863
HARRY BOLDA
Deputy Probate Register
els 6.29