Newspapers / The Chowan Herald (Edenton, … / Nov. 13, 1958, edition 1 / Page 2
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PAGE TWO SECTION ONE (jVo Comment If »1 , I liiSSm Divliiu of the Notioul AaooclstlaH of Maaofoetarera *TfO COMMENT* is » roport oi not nocessarily reflect MAM policy or position. Washington -** The federal bud | get is the most ‘critical problem facing the new Oongress, many ! thoughtful legislators believe; and ' they are determined to do some ! thing about it. Key factors in the effort to ' bring federal spending under con -1 trol will be: the upcoming budget | recommendations of the Admini -1 stration, the attitude of Congress, ' especially the 33 members of the [ Senate Appropriations Committee | and the 49 members of the House | i committee but most important ; the amount of sincere, genuine] • support from “back home” fori \ drastic budget cutting. ( • As matters stand now, it ap , pears that the government will j run a sl2 billion deficit for the ► 1959 fiscal year which ends June, ' 30, 1959. Planning for the 1960] i budget is now well under way] f and it will be completed and | ready for submission to Congress, I in January. | “We don’t expect to leap from] 4 a sl2 billion deficit this year to' f a balanced budget next year,” Di . | rector of the Budget Maurice S.' f Stans said recently. “It takes 5 time to work our way back but r there are hopeful signs.” I “The recovery in the economy | is real and it will continue. If L present tax rates are held firm, J receipts in fiscal 1960 from indi- Sviduals, corporations and excise ta&es should improve considera bly. By the same token, further , government spending to acceler h ate recovery will not be neces j sary. So, we believe we can nar i row the gap represented by this 1 year’s deficit.” Os course, the Bureau of the ; Budget can only make recommen i Onions to Congress. Congress, it s self, has the final word on how !« much money will be appropriated, jj This point was brought out dur t ing the recent political campaign, Republicans charging that Democrat-controlled Congress hajd appropriated substantially more funds than requested or thought desirable by the Admini stration." " Representative Leslie Arends (FS-I11.) made an analysis of the appropriations bills passed during: tlife last session and determined thpt Congress appropriated a net] amount of $5 billion more than requested by the President. Rep resentative Arends also pointed out that in the President’s bud get for 1959 there were 16 econ omy proposals which, if enacted, would have produced future an ,. ,mial budget savings of s3>/ 2 bil- W llion. 1 ,1 Economy minded members of Congress are becoming increas ingly concerned over the coun try’s fiscal course. Clarence Can j u non (D-Mo.), chairman of the r House Appropriations Committee, I recently said, “The fiscal situa * tion is alarming. It will get worse f * —much worse. And the alarming * thing is that nobody is alarmed, j Propositions to spend money we y, do not have for things we can do 4 without are coming from all direc- I tions without any regard for the fact the treasury is empty.” Sen f' ator Williams (R-Del.) says, “Our | financial situation in America f faces a crisis. Either we have to ‘j j cut down spending—raise taxes— , ; or face ruinous inflation.” Sena i tor Byrd (D-Va.), adds, “The free ~ world is dependent upon the * J strength of America, and the strength of America depends upon A mm WALIM 4 ||l . .k„.„ , , am, - -A, MOUSETERIOUS Upside down walking is possible for this “space mouse,” because his ! feet are shod with tiny magnets. He and a number of his fellows are used to study problems of I gravity in the ultracentrifuge at | the Air Force School of Avia i tion Medicine. Pensacola. Fla. ! solvent government and main | taining the value of our dollar.” j Despite the seriousness of the situation, the self-styled liberals of the new Congress will push for more and bigger spending pro grams. It has been pointed out that if eight major legislative pro posals in the last session had been approved, they would have cost the taxpayers more than SIBO bil lion in the next five years. These included proposed expenditures, such as SSB billion for aid to edu cation, $36 billion to maintain farm earnings and sl4 billion for public works. It is a certainty that advocates of these proposals will again at tempt to push them through when Congress reconvenes. The pressure groups for spend ing programs are highly organiz ed, articulate, aggressive groups. Their influence can only be coun tered by equal organization, vigi lance and aggressiveness in behalf of government economy. BAPTIST MISSION STUDY CLASS MEETS TONIGHT The Womah’s Missionary So ciety of the Edenton Baptist .Church will have its mission study book taught at the church j tonight (Thursday) at 7:30! o’clock. Mrs. Bertha Dale will teach the book, “Into a New World.” All members are espe- Labor is the great producer of wealth; it moves all other causes. ‘ —Daniel Webster. LAIRD'S APPLE WINE 80c 3 & % PER 4/5 m I 1 quart lAltB E CO. pißy / SCOftEYVIILE. H. J. I LYONS, N. Y. NORTH GARDEN. VA. SA/>/V»^/Ws/V>/WW«VSAA/V/WW<^^/'»/VW »CE CHOWAH IttKALD, gPgTCOW, noXTH (UftOUITA, R|SausageT 35c |bACON lb. 4<)c I l.uter’s Brand 6-8 Lb. Average I Gwaltnev’s Top Quality I SMOKED I <EL “ _ PICNICS FRAN^r 49c Small Type Roasting or Stewing Young UA : _ J HENS ner nound » ■ Imp " cr P uliriu PHR \\ priced! So make your own personal, 11 1111/l g§ | \ \ choice, it’s bound to be a bargain., ...lb bao hardwood ,0 02. I I Chewimr Gum........ 10c I . SWEET Charcoal Strawberry | I I rvn A Aipi f? Briquets Preserves I I Vanilla Wafers ..29c I Ul\/\n vJll« -59 c *43 c I %J I SeSr" £ I JO|CE 1 I I I Sugar 53c I HE^ Pints bottls for Thanksgiving Tur-\ Our Own Pack I more for your money I Poptflar Regular ‘ carton I . .MB’ ’"M ; keys—fresh or frozen! J CORNED HAMS. | ■ . Ijl Pints tfjßßk I I I I |jj k| Kosher I April Orchard I Hudson I Seaview or Eatwell Mt yonnaiSe _HPflP*’| Pickles I Sauce | Tissue | Mackerel I „„„ I I can 6-OZ. COFFEE SHOP jar ■ —J«g— ■ —can— ■ —pkg.— ■ COFFF.R 89-149-118-119-1 21( pCßch49c | 2 T35c| CABBAGE 3‘| Potatoes 29 c 46-oz. Orangeade I 46-oz. Golden Hill I Bid-A-Buck iik I GRAPEFRUIT JUICE | Auction mmmmm can 25c I can 29 c I a »|“ W^«^«iHiSß!raf^Tr«I Mai(ca Jg mmmmmmmmmmmmmmmmmmmmrnm ßUm«| Sat. Nov. 29th g Regular $5.00 5-Lb. Banquet each f* I I y »■ I 1 2 Country’ Roll ■ COMPLETE ONE OF FRUIT CAKE INGREDIENTS nuTPnniu 17« I Mad T > |l< ‘ WisTOnsin Gheddar IOLIU UJI WJKN I/C | rUFFQE I , I Free Del.very-Friday,& Saturday BLUEBERRIES .. —cl I .lAf mpa rst A ■ I I IflHlVim I fldW ###••••# VwV •* '
The Chowan Herald (Edenton, N.C.)
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Nov. 13, 1958, edition 1
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