Newspapers / The Chowan Herald (Edenton, … / June 16, 1960, edition 1 / Page 3
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I No Comment J . . »T JAMES W. DOUTHAT \ ****»■»* Vi«« fnnlwL Uwtwrt OulMtaM MUn *1 ik» M»H«—I Uwlißte »1 HmhMwtn , HO COMMENT" * ■ report at mddantt on th» national tcano Md doot not nocoatarUy totted NAM policy or poaitton. Washington— A serious move is under way on Capitol Hill to re peal the tour percent tax credit on dividends. Such action would remove ah incentive— not nearly as large as it should be—tor taxpayers to provide capital for business growth. The repeal move is expected to be made by Senator McCar thy (D-Minn.) in the form of an amendment to legislation which would continue present corpora tion and excise taxes for another year and fix the temporary debt limit at $293 billion. This measure has been ap proved by the House Ways and 1 Means Committee. Senate action is likely during the week begin ning on June 20 or shortly thereafter following considera tion by tlie Senate Finance Com mittee. President Eisenhower—who re-' quested the legislation must sign it by July 1 to avoid loss of excise tax revenue. Without the legislation, the corporation tax would drop from 52 per cent to 4V per cent on July 1. At the same time, there would be various reductions in excise taxes on liquor, beer, wine, tobacco, automobiles, auto mobile parts, telephone calls and transportation of persons. Senator McCarthy was author of the dividend credit repeal amendment which was approv ed by the Senate last year by a 47 to 31 vote. The House re fused to accept the amendment —and so the four per cent divi dend credit was retained, t But 'there is no assurance that k . it would not be accepted by the House this year if it should again be passed by the Senate. Many so-called "liberals” are pledging vigorous support to the McCarthy amendment and the Utuation is regarded as serious by opponents of repeal. The tour per cent dividend credit was enacted as a part of the 1854 tax reduction bill. It was intended to stimulate in vestment in business growth and to provide some relief from dou ble taxation of both corpora tion profits and the portion of profits distributed as dividends. Thus, the dividend credit—al though far from adequate—does reflect congressional recognition of the problem of double taxa tion. Tax savings under the pro vision amount to approximate ly $350 million annually—a sub stantial source of venture capi -1 tal which would be eliminated *by repeal. In addition, there would be an adverse effect on investor morale. Actually, the Treasury Depart-, ment proposed in 1954 a 10 per l4nt dividend tax credit. This was accepted 'then by the House but rejected by the Senate. A four per cent compromise then was reached, pprovided it did not exceed four per cent of tax able income. Senator Byrd, veteran Finance Committee Chairman, not only is opposed to the repeal but he also favors as increase above the tour per cent. During the Senate debate last year, Senator Bennett (R-Utah) pointed out that there are some 400,000 corporations in the Unit ed States—and more are being formed each year—which must Chateaux GRAPE FLAVORED VODKA S 3 §A *3 15 )K|H 4/s Qt. MBk SO .05 M ™Pinl NMFWWUMIIM • v- V - *''' '-s ■* --•- . H * • •- - m TOO LATE TO SAVE HIM-The body of Chester Fought lies on a beach at San Francisco, Caiit A passerby saw him leave his hat and coat on the log, walk into the surf and drop to his knees. Ny tha time help arrived, he had drowned. WITH THE FARM WOMEN j By MAIDRED MORRIS 1 Wak* Up Your Bedroom “Wake up your bedroom—it’s spring." The 4-H girls in Cho wan County were told at recent club meetings how to brighten their bedrooms this summer through the use of accessories. Miss Catherine Aman, assistant home economics agent, showed the girls how to make their own accessories. A round ice cream container was made into a trash can or magazine holder, vanity stools were made of nail kegs, bulletin boards were made, and they discussed how simple cur tains and dust ruffles could be made to add color and dignity to the room. Street Lights Possible Does your community have street lights? One community in Surray County will soon have lights as a result of efforts of the Westfield Home Demonstra tion Club. have equity capital if they are to make their contribution to ward a growing economy. He contended that investment of savings in business enterprises should be encouraged by retain ing the tax dividend credit and thus “preserving the compara tively small protection given to the more than 12 million stock holders.” Men’s Short Sleeve I MEN’S FRUIT OF THE LOOM , fcJjL SPORT SHIRTSj BOXER SHORTS i. flip SI.OO 69c ' MEN’S CUSHION SOLE CREW SOCKS 39 e , Men’s Genuine Banner Wrap SPORT ANKLETS 39 P SPECIAL - For Father’s Day - Men’s Striped Top Crew Socks . . . 43c The Nicest I SPECIAL: | FOR DAD MENS ■ Way To Men’s White I Gillette Short Sleeve Remember satin stripe • Adjustable Sport Shirts nAn Handkerchiefs RA7OR wash w wear S ■‘"Tr •• • SIZE 1614" by 16" | WITH 6 SUPER BLUE GINGHAM PLAIDS ££•<** 10:77c 1 $1.95 $1.59 1 Children’s Cotton Knit Panties , , Q pairs , Misses' and Children’s Tennis Shoes only 88r Zoro Sandals For All The Family 59c Ladies 9 Misses’. Ladies’ Ladies’ SPECIAL Jamaica Matched Sets While They Last! BLOUSES SHORTS BLOUSES and Children’s i Assorted Prints and Solids. CIIORTS DRESSES Sires 32-44. Regular and Extra Sizes SHUKI o Sizes j t 0 j 4 ' SI.OO St amd 11.93 $1.59 I(W Hi (U 3 i .... , . “ ,JL Boys* and Girls’ Cabana Sets _ __9Bc > Children’g Play Shorts (sizes 2-14) -..2 for gI.OO Ladies* 2«pc. Coordinate Sets. - .SLS9 Extra Bath Towels 66c * lo * Beadi Towels (36*72 size) $1.98 THE CHOWAN HERALD. EDENTON. NORTH CAROLINA. THURSDAY. JUNE Is. 1966. Mrs. Amanda Cooke, Mrs. Ves ter Jackson, Mrs. Jess Hunter, and Mrs. Wesley Cooke, all of Pilot Mountain, Rt. 2, worked as a committee on the project of getting lights in their com munity. With the help of oth er cooperating organizations, four lights will soon be installed. Wills And Inheritance Mrs. J. W. Hightower, presi dent of Lake Forest Home Dem onstration Club, feels that club members in New Hanover Coun ty got the cart before the horse. She said, "Last month we got flowers and this month we are making our will.” Miss Verna Belle Lowery, home economics agent, reports the program for last month was making flower arrangements and this month the program was on ‘‘Wills and the 1960 Inheritance Law for North Carolina.” IFYE Conference Some families recently met in Hertford County and made plans for entertaining an International Farm Youth Exchange student from Germany. Klaus Shumaker went to the country May 21 and will remain there until the first week of July. •‘Klaus will live with the fami lies and observe iiow farm peo ple live here and will also ob serve our 4-H activities,” says Miss Ethelyn Prickett, assistant home economics agent. (He will visit Mr. and Mrs. Henry House, Mr. and Mrs. Vaughan Wiggins and Coiemah Taylor. Pressure Canner Clinics Most vegetables are low in acid. The steam pressure canner is used for canning all vege tables except tomatoes and high acid foods. Mrs. Mary Margaret Deyton, home economics agent in Mitchell County, says the press ure canner is used to make sure all bacteria is killed. To give pressure canner own ers an opportunity to check their equipment for accuracy and safe ty, food conservation leaders are sponsoring a series of clinics throughout the county for check ing canners. At these clinics, the leaders hope to teach better care of canners and assure accuracy on pressure canner gauges. Clubs Promote Vitamin A Foods Forty-nine families set out 10,400 eopperskin Goldrush sweet potato plants recently in Alex ander County. According to past surveys, diets in the county are often deficient in green and yel low vegetables. Mrs. Agnes Watts, home eco nomics agent, says Home Dem onstration leaders in each local' club took orders for the plants and the orders were pooled. Since 'that variety is high in Vitamin A, the club women hope to raise the Vitamin A quota in daily diets. Weekly Devotional Column By JAM LX MacItCNZIB I It is not just the “pathologi cal preoccupation” with sex and violence that make modern movies taboo for sincere Chris tians, but the general assump tion “that man’s end is material advantage, power and pleasure, to be achieved through compet ing with, manipulating, and ex ploiting his fellow man.” So runs a recent tirade from the General Board of the Na tional Council of Churches. And certainly one must agree. It is necessary only to read the ads to learn that the money-mad fiends of Hollywood are hell bent on destroying whatever, re mains of Christian decency and morality in our nation. In fact, they are hell-bent period, and anxious to drag as many along with them as they possibly can. All of our American churches seem to agee on this Roman Catholic, Jewish, and Protestant —Modernist, Fundamentalist and Mugwump. The difference seems to be on what, if anything, we should do about it. Our Roman Catholic friends have their Legion of De cency which grades films as to their measure of unfitness, and Roman Catholics as a general rule honor the suggestions of the Legion. Most conservative Protestants, however, feel the safest course is just to stay away from the movies altogether. This, I believe, is the stand tak en by the Discipline of the Methodist Church, and also by Baptists, Presbyterians, Luther ans, and most independent groups. The National Council of Churches is taking a third course. It suggests industry reg ulation, and requests the movie makers to please try to do bet ter. Objecting to Hollywood’s abnormal obsession with obs cenity, and the recent number of movies that ridicule the Bi ble, and accuse Protestant min isters of having morals no high er than those of an alley cat, or even a Hollywood movie star, the National Council clucks its tongue, slaps the film indus try on the wrist, and says, “naughty, naughty.” Now the Lord be thanked that the National Council recognizes the evil, and hesitates not to combat it, I am no admirer of the N. C. C., but on those rare occasions when I find myself in agreement with it I do not blush for shame. But I feel the coun cil is going about combatting the evil in the wrong way. What they are doing is too, too remi niscent of the Modernist minis ter of a generation ago who stood 'before a godless congrega tion and had no plea to make except, “Be good. Please be good.” It should be pointed out that the men who control the movie industry are not in terested in advancin'-, the can of Christ, raising our standards of morality, or teaching the lh ble. They are interested only in making -more mone\ Every thing must be subjected to Hie aim. They do not hesitate to rewrite the Bible to make t more acceptable to modern-day movie audiences (as Mr. l)i Vi die admits in his book documenting that travesty on the Bible The Ten Commandments), It they can please the pagan rabble by making a picture accusing Pro testant ministers as a group of living in adultery (they are mak ing such a movie now) they will -make it. They would tv,-i hesi tate to make the same accusa tion against Roman Catholic priests, but Roman Catholics are better organized than we are and in a better position to race a fuss. The only place the movie mak ers are capable of feeling pain is in their wallets. If «v would reach them, we must reach them in this area. The .wallet is the seat of their affections, the cen ter of their emotional systems. There is only one way to clean up the movies, and that is for decent Americans to serve no tice that they will imi attend ANY motion pictures mild Un industry as a whole raises its standards. RED MEN MEET MONDAY Chowan Tribe of Red Men will meet Monday night June 20, at 8 o’clock. Guy Williams, sa chem of the -tribe request a full attendance. FOR SAL! 50 SHARKS PEOPLES BANK & TRUST COMPANY STOCK $35 EACH or best offer WRITE OCCUPANT 2960 Gram Ave, RALEIGH. N. C. |N ] 40 IN. I —wipe • 23-in. Master Oven with • Grant-six* Z3-in. oven Removable Door • Removable Oven Door • Fingertip Pushbutton Controls • Two Appliance Outlets • Caliod Surface Units • Pushbutton Controls • "No-Diip" Cooktop • Hi-Speed Colrod s Units $149.00 $169.95 WITH TRADE WITH TRADE COOK COOt Att DAY FOR If SS THAN THI MWCf Os A KING SOi BOTTIB OF COKF® Extra Bonus During The Month Os June! One General Electric Iron Given FREE with Purchase of Any G-E Major Appliance During June. Quinn Furniture G>- SOUTH BROAD ST. KDENTON, If. C. ; Police Make 41 ' Arrests In Mav * i Chief of TAalke George I, toil report- that during May Eden-! j ion police made a total of 41 j arrest- Os this number N were] i found guilty as charged. Those 1 l an estcd included 17 white male*. ?o colored males and 4 colored ‘ females. I I Fines amounted to $220 and costs $304.75 lor a total of , $524 55, from which JItSStSW ut. i w a\ of officers' fees were turn- (CUT WHILE YOU SHOP) Fresh Dressed * Drawn W hole Only FRYERS ib. 2 9c Jamestown Brand Sliced I Fur That Quick Meal— BOLOGNA I Jiffv Steaks Ik 37e I 11k 79c RedX \\ hite Mi1k.,,.3 tall cans 41e 303 CANS RED * WHITE Darden Peas 2 rails 35c NC. 1 CAN O-C Potato Sticks 2 cans 21c Large Red A White 303 Cans Happy Vale Powdered liFKTS Detergent m .ay PailKV 1 hO\PS l*> RED 81 WHITE ‘♦ lb. sticks Mayonnaise Mrs. Filbert's n i MU. OLE o gi.-*** 1 IE ~1 „ 46-ca, Can DelMonta mi*. Pineapple-G’fruit OQ I>RINK SHOP AND SAVE AT THE FRIENDLY .'HONK 2317 I) & M ON ORDERS OF $2 OR *▼* MORE EVERY" DAY! SUPER FOR FREE DELIVERY MARKET | —SECTION ONE PAGE THREE ed hack to the town. _ Activities during the month included 62 calls answered, three automobile accidents investigated, j two- stolen automobiles recover- . ed, four funerals worked, 22 courtesies extended, 29 doors fund unlocked, six lights report ed out and 505 traffic citations issued. - , The police male 1,095 radio calls and were on the air oner hour, 31 minutes and 15 sec onds. It is never safe to look into the ■ future with eyes of fear.
The Chowan Herald (Edenton, N.C.)
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June 16, 1960, edition 1
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