PAGE EIGHT
IECTIOH TWO
The National Outlook
The Fight On The Budget j
By Ralph Robey }
We are in the midst of a real |
political war on the federal bud
get. On one side are most of
the Southern conservative Dem
ocrats and a majority of the
Republicans. On the other side
are New Deal Democrats and
the remaining Republicans.
The most recent important de
velopment is the report of the
staff of the Joint Committee on
Internal Revenue Taxation. It
is significant because this staff,
of which Mr. Colin Stam is chief
has an extraordinarily good rec
ord for estimating revenue re
ceipts. Further, this staff does
not play party politics, and, in
sofar as its reports are concern
ed, does not have an ideological I
slant. When it says that a defi
cit is pending therefore, its
voice carries real weight, and in
the current report that is exact- i
ly what it says.
The staff arrived at this con
clusion by differing with the
budge* estimates submitted by
the President in January. These
differences, with all amounts in
millions, are as follows:
Individual Income taxes down $1,300
corporation Income taxes up 177
excises down 841
estate and gilt taxes down 30 f
employment taxes up 190 1
customs up 321
miscellaneous receipts down 104 j
net difference down $1,876
This staff also assumes that
transfers to old-age and surviv
ors insurance and disability
trust funds will be $lB4 mil
lion more than the budget esti
mate; that transfers to the high
way trust fund will be $6Bl mil
lion less than estimated in the
budget; and, that refunds of re
ceipts will be $29 million less
than listed in the budget.
Putting all of these items to
gether, the net result is that the
Federal Government will have
$1 ,350 million less than antici
pated in January.
Back of these differences are
certain assumptions. First, that
present corporate tax rates will
be continued, which also was as
sumed in the budget estimates.
Second, that recommended in- j
crease in gasoline taxes from 3
to 4Ms cents a gallon will not be I
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made and that no changes will
be made in the present treat
ment for transfers to the high
way trust fund. Third, that cor
porate income will be higher
than figured in the budget esti
mate, and that personal income
will be lower.
On the expenditure side there
also is a difference between the
staff and the budget estimates.
The one of greatest importance
is the assumption that the in
creased contribution to the In
ternational Monetary Fund will
be made in the 1960 fiscal year
rather than in the current year
jas recommended by the Admini
stration. This would lift esti
| mated 1960 fiscal year expendi
! tures to SBO billion, and would
mean a deficit, on the basis of
j the staff revenue estimates, of
I $4.2 billion. Put even without
j this particular shift, and it is
1 still an open question, there
would be a deficit of $1.2 bil
lion.
Does this mean that there’s
no chance of having a balanced
budget next year?
It certainly does not mean
this. The budget submitted in
January by the President was
not austere in terms of expendi
tures. It called for a reduction
|of about $4 billion, and there
i was at • least that much more
which might have been elimi
nated, and would have had to
be eliminated if one was to be
justified in terming it an aus
tere budget.
On the revnue side of the Jan
uary budget estimates were well
within the realm of possibility,
and it still is possible that they
will prove to have been too low.
At the moment it does not ap
pear probable that postage rates
will be increased again, and.
neither does it appear likely that
gasoline taxes will be raised.
But these can be offset by econ
omy in other directions, provid
ing there is the will for such
economy.
But there will not be this will
for economy unless persons and
groups and communities sto
asking for more spending for all
| types of non-essential things,
I and unless the public at large
I starts to emphasize that in its
THE CHOU AN HERALD. EDEHTOR. HORTH CAROLINA. THURSDAY. APRIL 18. 1859.
opinion economy and a balanced
budget are essential.
The only way the public can
do this is by either writing! or
talking to the members of Con
gress.
There is no time for delay.
One after another of the ap
propriations bill is now being
considered by Congress and that
is where spending must be cur
tailed.
J ‘'j
SUNDAY SCHOOL
LESSON
—--——"
Continued from Page 6—Section 2
carry a burden of guilty. For
giveness is ours for the asking,
and new power may come into
our lives as we experience this,
release.
But before we judge the d : s
obedient in our midst, we nerd to
recognize that there are wide dif
ferences of personality between
people. Some are more easily
tempted to disobedience than
others. This very fact indicate
that we should do everything in
our power to understand others
and discover, if we can, what
makes them act that way.
A special modern problem pre
sents itself in this connection.
With guidance counselors, educa
tional counselors, marriage coun
selors. vocational guidance ex
perts, etc., some individuals are
being produced who have never
learned to make a decision for
themselves or to face the respon
sibility of their decisions. Fac
ing life has never been easy, and
in our cimplicated modern world
the difficulties have been increas
ed. Facing life will include the
ability to live in harmony with
basic rules. It has been said
that we cannot break the laws of
God, w r e can only be broken on
them.
We must be careful of our as
sociation with others. We must
guard our moral standards: man
kind has learned across the cen
turies that such laws as the Ten
Commandments are necessary far
the safety of humanity. To have
no regard for the truth: to fee!
no respect for the sacredness of
human personality; to be a char
acter assassin by repealing ma
licious and false gossip; to fail in
respecting the rights of others; to
be jealous of another’s’ success or
possessions; to be careless and ig
norant of personal health—all
these are acts of disobedience to
God’s commands. How often we
are pressured by public opinion
into breaking these rules? Saul
was pressed by the desire of the
people to administer sacrifice
without waiting for Samuel. He
substituted external formalism
for true obedience and self dis
cipline. We should be true to
ourselves and not be pressured
from outside influences.
No thinking man will consci
ously violate a law of society that
is obviously designed to protect
human life and safety. To ig
nore or violate these laws and
to imperil our physical and spirit
ual well-being would not seem to
He the most intelligent thing for
us to do. The individual whu
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QUITE A FEET “Walking
John” Frey, above, hotfooted it
from Alaska to Florida in 528
days. Shown in Miami after the
11,396-mile stroll, he: walked
at an average three miles per
hour, used four pair of high
top shoes, 24 pair of heels,
crossed 31 states, passed
through some 1,200 cities. Trod
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waded through the statistics;
just where Frey started fror
in Alaska.
considers himself an exception or
someone to whom these laws j
could not apply, is the very per
son who finds himself suffering
the penalties of violation.
’.These comments are based on
outlines of the Internationa] Sun* |
day School Lessons, copyrighted
by the International Council oi
Religious Education, and used by
permission.)
Record N. C. Wheat
Production Indicated
Wheat production in North
Carolina is forecast at a record
9,812,000 bushels by the North :
Carolina Crop Reporting Service, j
A crop of this size would exceed
the previous record 1956 crop of
9,384,000 bushels by 4.6 per cent,
and compares with 7,614,000
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Sunday, April 19 —
A1 Hedison and
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bushels produced last year. This
year’s estimated planted acreage
for all purposes at 446,000 acres
ih 25 per cent above the 357,000
planted acres for the 1958 crop.
j Minutes Os County
Board Os Education ;
.■ A
April 6, 1959
The Chowan County Board ofl
Eduoation held its regular meet-j
ing, Monday, April 6, at 10 A. M., i
in the superintendent’s office.
The following members were
present: G. B. Potter, D. H. Ber
ryman, G. E. Nixon, J. I. Boyce
and Carey Evans.
The meeting was called to or
der by the chairman, Mr. Potter,
after which the ■ secretary read
the minutes of the previous met
ing. The minutes as read were
adopted by a motion made and |
duly passed.
The following reports were re- 1
Ceived and adopted by a motion,
made and duly passed:
(1) The County Treasurer’s Re- j
port.
(2) The Local School Fund |
Treasurer's Reports for
Chowan High School and,
the White Oak Consolidat
ed School.
(3) The Grand Jury's Report. |
The superintendent reported,
that the audit had been complet
ed by Mr. ft. E. Aiken, Jr., but
copies of the audit had not been
received.
The bills for the month were
read, and upon motion made and
duly passed payment of same
were approved as follows:
Current Expense items, $2,-
308.06; veterans program, $571.60;:
Commercial fund, $56.00; capita)
outlay items, $1,603.62; lunch
room funds, $1,099.99; total, $5,-
639.27.
Since this was the last meeting i
of the current board, their term i
of office having expired, D. H. j
Berryman made a motion and i
same was duly passed, that G. B. j
Potter be given a vote ot thanks j
for his untiring service as chair
man of the board for the past ten'
years.
Mr. Potter then thanked the
board members for their loyalty
during his term of office, and
said that the work had not been
altogether easy at times, but that
he had enjoyed rendering what
ever service he was called upon,
and that any person who assum
ed the responsibilities as a board
member would not always find
the path of duty easy. Mr. Gar
land Asbell, a member of the in
coming board, expressed his ap
preciation to Mr. Potter for his
remarks.
There being no further duties,
the Board of Education ad
journed.
G. B. POTTER. Chairman
W. J. TAYLOR, Secretary
Immediately following the ad
journment of the retiring' board
of education, the members of the
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■ As a Plymouth owner, you re driving the car that
■ Plymouth scored 21.15 miles per gallon. gave better gas mileage than Ford or Chevrolet in the
■ Winning Plymouth was a Belvedere 2-door hardtop, 1959 Mohilgas Economy Run.
~ equipped with standard Fury V-800 engine and auto- . As a Plymouth owner, you can also expect top per
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; new board of education were ad
s ministered the oath of office by J
; the Clerk of Court, Tom Shep-1
, ard. The meVnbers then elected)
Mrs. C. C. Nixon, chairman for !
one year. The new members are,
as follows: Mrs. C. C. "Nixon,
Edenton, Route 1; Eugene Jor- j
dan, Tyner; Mrs. F. A. Ward,
Hobbsville; Marvin L.
; Edenton, Route 1; Garland As- 1
bell, Tyner, and Sherlon' C. Lay
ton, Edenton, Route 1.
I After the organization meeting,
j the. superintendent, W. J. Taylor,
j submitted his application for re
election. After due considers- ,
tion, the chairman announced
that Mr. Taylor had been unani
mously re-elected to serve as su
perintendent for the next two
years. Mr. Taylor expressed his
appreciation to the board for its ;
favorable action. Tom Shepard, j
Clerk of Court, then administered .
the oath of office to him.
| The superintendent suggested I
that the Board appoint a District
I Committee. The Board nominat
ed the following names for the
I committee: W. J. Privott, Tyner;
I Lester T. Copeland, Tyner; Henry
! Bunch, Edenton, Route 3; Herrv
;W. Hinton. Hobbsville. and W.
|W. Bunch, Edenton, Route 1. It
was sugested that each member
j of the board contact the member
of the committee thus appointed,
and confirm to the superintend-
I ent whether the person so pp
■ pointed would serve. Bv late
Tuesday night, each member of (
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the committee was confirmed to
j the ssuperintendent', as being
| willing to serve on the commit-
I tee. It was suggested that the
! superintendent call a meeting of
the committee as soon as possi
ble to administer the oath of of
| fice and to have it organized to
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Theie being no further busi
ness, the board adjourned. 511 j§
MRS. C. C. NIXON. NgJBl
Chairman ,-igS
W. J. TAYLOR, |
Secretary