Ir-SECTION THREE
PAGE SIX
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:; By JAMES W. DOUTHAT
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HO COMMENT” U ■ report oi
cUlonts on the national icon*
and doe■ not necessarily roiled
RAM policy or position.
Washington—The hearings by
the House Ways and Means
Committee on President Kenne
dy’s tax program have served to
point up the vital necessity for
enactment of real tax rate re
form legislation if the nation is
to achieve the economic growth
essential for the future. I
So widespread has been the
opposition expressed in the
Kennedy program, there does
not seem to be any likelihood
that any substantial part of it
will be enacted this year. I
Even the AFL-CTO joined vig
orously in criticsm of the Ad
ministration’s tax proposals—
which include a $1,700,000,000
tax credit for business invest
ment in return for acceptance by
business of various tax penal- 1
ties. |
The Kennedy program—in the
words of Charles R. Sligh, Jr.,
executive vice president of the'
National Association of Manu-j
facturers —conjures up the pic
ture of the “goverment strang
ling the taxpayer with one hand
and offering him artificial resus-,
citation With the other.”
Business witnesses before the
Ways and Means Committee
were almost unanimous in con
demning the key provisions of
the Administration’s program.
In addition to the proposed tax
credit, the key provisions in- 1
elude repeal of the four percent
dividend credit and SSO exclu
sion, rigid regulations of busi- 1
npss expenses, drastically chang
ing the present method of tax
ing business income earned
abroad, and tax withholding on (
dividends and interest.
These penalties would be ex-j
pected to retrieve for the gov
ernment the $1,700,000,009 grant-j
ed annually as tax qpedits for)
business investment.
The Kennedy argument for the
tax credit is that it would re-1
suit in the creation of new jobs j
to help solve the unemployment |
problem. But members of the
IJfays and Means Committee —
both Democrats and Republicans
—indicated a growing belief that
the Administration's proposals
dannot possibly bring about the |
solid economic growth that is
essential.
What is necessary, a number
of business witnesses testified,
is enactment of the Herlong- 1
Baker bill which among otherl
things, would lower the person-1
al and corporation tax rate to I
a maximum of 47 percent by a!
series of five annual reductions. |
This, its advocates contend,
would make capital available
for a surge of business expan
sion and modernization which
would create many new jobs
and, in addition, provide in the
long run far more tax revenue
than would be lost by the re
ductions.
By proposing his tax program
President Kennedy recognized
the relationship between tax
policy and economic growth.
This was a step forward, but
his specific proposals failed dis-,
mally to meet the needs. I
Business witnesses agreed in
general, that comprehensive leg
islation (like the Herlong-Baker
bill) is essential to provide real
relief from the present restric-]
five impact of taxes on capital
accumulation and use.
Government Economy Needed
Needed also is a grass-roots
campaign for elimination of alii
Friday, June 2nd - Saturday, June 3rd-Monday, June sth
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OUTDOOR TIPS
from the Ancient Age Sportsman's Idea Exchange
FISHING
After all is said and done—and
even if most anglers deny it —
about the favorite bait for fish
i ing is the faithful old worm.
. Undoubtedly the fact that fish
1 also like woifns has much to do
with the popularity of the bait.
Also, all bait fishermen have pet
theories about how best to get
a good supply of worms with the
least amount of work, and with
out being too much of an early
bird. Here’s one way almost
(repeat, almost) guaranteed to j
get you a mess of night crawlers■
any time of day. Fill a soft)
drink bottle with water and add j
a tablespoon of powdered mus-j
tard. If there are any worms J
in the area you sprinkle, they’ll
come up fast to see what’s go
ing on.
Some people like to throw
things away, some like to save
things. If you’ve been thinking
about throwing away your old
canvas water bag just because it
doesn’t hold water, stop! You’ll
discover that once you split it
open across the top it will make
a dandy fishing creel.
Trying to keep a neat tackle
box is a problem all anglers
have in common. Here’s a help
ful hint in that direction. An
excellent container for odds and
ends of fishing equipment is a
discarded ice cube tray. Plas
tic variety works the best, and
it fits easily into a large tackle
box. Other handy knickknack
holders are the plastic pill bot
tles you’ve been throwing away.
CAMPING
Any camp cooking is made.
easier with a grill. If you’ve j
been having trouble locating one|
at the local store, try the junk j
yard. The shelves from old re- j
frigerators and stoves do the job
just fine.
And keeping along the lines
of outdoor cooking, this tip
should prove to be popular, for!
it is designed to save sports
men that degrading job of scrub- ]
biny the pots after the meal is ;
finished. Next time before plac- j
ing your skillet or coffee pot
over the coals, rub the bottom
with soap. You’ll find that it
cleans up about 100 per cent
easier.
HUNTING
This tip is a natural for bar
bers, but any sportsman who
| plans to eat what he shoots
should benefit from it. After |
you’ve downed your deer and
before you make the first cut
into it, clip away the hair along
the area Which you plan to slice j
open. A nold pair of hand-1
unessential government spending j
—so as to increase the chances |
for tax reduction and for bal
anced budgets.
It is not generally known that
already Mr. Kennedy has asked
Congress for authority to spend
$10,232,000,000 more, over a two
year period, than was proposed
by President Eisenhower before
he left the White House.
And more spending requests
are being prepared for submis
sion to Congress.
The latest official forecast con
templates a $2,00,000,000 deficit
during the present fiscal year
(ending on June 30) and a $2,-
800,000,000 “red ink” operation
i during the next fiscal year.
But a disturbing prediction has
now come from Elmer B. Staats,
deputy director of the Budget
: Bureau, that next year's deficit
| more likely will be double the
present estimate—and may soar
to around $5,600,000,000.
All of which emphasized the
necessity for economy in every
I way possible.
THE CHOWAN HERALD. EDEHTOR. NORTH 6ARQURA. THURSDAY, JURE I. INI.
| operated hair clippers is ideal
for the job. In this way you
can dress out the deer without
getting any hair mixed in with
the meat. .
(Try for a SSO prize. Send
your tip to A. A. Contest, Sports
Afield, 959 Bth Ave., New York,
19, N. Y.).
~ i
-.tux." SCHOOL
LESSON
Con’td. from Page 4—Section 3 ,
! dreamed up by people who
I never roll up their ileeves or
jopen up their hearts and minds.
I Life has great meaning for
people who are not overly en
dowed with this world’s goods.
It has divine excitement for
many who are not oh the “in
side” with men who are influ
ential. The poem in Ecclesias
tes 3:1-9 sets life in proper per
spective: “For everything there
is a season ...”
The hardest lesson to learn is
that of seeing life in this per
spective. For example, when a
society accepts and even ap
plauds public display of affec
tion, it works havoc on the
deep, sacred meaning of love.
When this happens, life loses
much of its grandeur and pur
pose. When emotions are arous
e!d and words are uttered with
out careful thought, they devas
tate instead of bless.
Without the benefit of the
good news about life which the
Christian faith brings to us, we
might easily agree with the
somewhat pessimistic conclusion
in Ecclesiastes 3:9: “What gain
has the worker from his toil?”
As life moves into its so
called middle years, disillusion
ment frequently sets in. Why
|gL ,' . 1
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don’t the young suffer from
melancholy? The answer is
that there are so many primary
human experiences to excite and
challenge the young. But when
■ these concerns are fixed in ex
[ perience, eagerness takes wings
and the imagination is no longer
stimulated. So, for us, the
spiritual dimensions of life—
those that never suffer eclipse—
are essential as we enter the
years of maturity. ,They project
life beyond the limited horizon
of time and place. It is by our
ardent cultivation of the spirit
ual through effective Christian
citizenship in our homes, our
churches and the world that a
whole new area of experience
opens up.
Ecclesiastes teaches that our
physical selves are but tempor
ary residents in a transitory
world. The New Testament
makes clear, however, that this
is but the initial stage of our
life. The more we think of it in
this light, the more convinced
we are that this is the shorter
end of our personal conscious
ness. It is therefore fitting that
we pray to God for help in the
use of our abilities to see life
in divine perspective and to live
WAKE UP
PARIN' TO GO
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IThtM comments ere based on
outlines of the International
Notice Os Sale Os Property For
Delinquent 1960 Taxes
+Z»2riS , &&.'Z?t isw&rSLs ?s:
** la ,V he bidder an property on which the 1980
fixes nave not been paid*
, .** . a lisl ot d »hnquepl taxpayers, the property
to be sold and the taxes, costs, etc., by each taxpayar.
WHITE DELINQUENT TAXPAYERS
Albemarle Plywood, Inc., office S. O. Holland $149.78
Colonial Motor Court, 1 acre, gas station, motel, restaurant.... 419.38
M * W Constr uction Co., Lots 48, 50, 51, 52, 53, 54, 55, 56.
57, 58, 59, 60 and buildings 63 10
N & R Cleaners, building. Broad and Water Sts""”!""’"" 67 84
■Dennis W Basmght, house, Cabarrus St.; lot, Jackson St 57.64
J. H. and D. W. Basmght, house and lot, Jackson St 43 27
U E. Bass, house, Badham Road 39.00
Alfred Bateman, lot and house, W. Hicks St. ..ZZZZZZZ!!!!!!! 20T4
W. E. Bond, Jr., house, Morris Circle ZZZ!! 65.57
Mrs. Eddie Cahoon, lot. North Edenton 5 73
S. S. Campen, house, N. Broad St ZZZZZZZ!!!!!! 74.38
Arthur and Hattie Chappell, house, E. Eden St. 69 69
Emma Chesson Estate, house, W. Church St. .. 55’12
Clarence Copeland, house, E. Queen St. 22 42
Stancil Davenport, % acre; house, Hertford Highway ZZZZ!
Mrs. J. W. Dowdy, lot, Freemason St. 7 79
Caswell Edmundson, house and lots, Albania, balance ’!’! "!’". 85 20
Mrs. Harriett Griffin, house, E. Eden St 23.34
Frank Habit, B & B Venetian blind building ZZ!!!!!!!!!!!!! 86!69
George Habit, house. Morris Circle 43 53
Roy Harrell, lot and house, Westover Heights 36 32
Richard Hollowell, house, 208 S. Oakum St. 47 29
Anne Jolly and Lucille West, house, W. Gale St. ZZZZZZZ! 36.48
Jimmy Keeter, house, Twiddy Ave., balance 2.28
R. E. Lane Estate, house, Johnson St 24 06
Albert Lassiter, house, W. Gale St . 26 38
James Kermit Layton, house, Second St., balance ZZZZZZZ...37.45
Robert D. Mathis, house, Hawthorne Road 39.98;
J. F. Phillips, house, W. Queen St ...ZZZ! 64 96
Ruth Vail Porter, house, W. Queen St.; 2 lots and store
S. Broad St 156.01
Henry A. Powell and Wife, house, N. Broad St. 81 08
Thelma M. and Sally Privott, 2 lots. King and Eden’ St.’,’
house 97.56
Earl M. and Louise Ray, 3 lots, house, Dixon Subdivision ’.’ 45.54
St. Anne’s Catholic Church, house, N. Broad St 67.17
Willie Skittlethorpe, house, Johnson St ZZZ 4685
R. L. Taylor and Wife, 4 lots, Albania Acres 17 73
Albert Twiddy, house, Jackson St 46 88
V. E. Tynch, house, W. Church St 46 00
Francis Earl White, house, Jackson St., balance ZZZZZZZ 3L36
David White, Jr., lot, Jackson St ZZZ! 17.88
T. L. White Estate, 4 lots, Eden Heights ZZ"! 10.37
Emmett Wiggins, lot, shed, Pembroke; lighthouse and iot!.!! 42.91
COLORED DELINQUENT TAXPAYERS
Walter Askew Estate, house, E. Hicks St $ 12 48
Vance Austin, house, E. Carteret St 18 30
Shelton Badham, house, E. Gale St “ 9.49
Amos Baker, lot, E. Hicks St ! 8 31
Jerry Bembry Estate, lot, E. Hicks St ZZZZZZZ! 4!24
John A. Bembry, lot, Albemarle St Z! 3.05
Pearlie Mae S. Bembry, lots, Albania and house 28 39
Rosalina Bembry and Mary Horton, lot, E. Church St. "’ 244
Sadie Bembry, house, W. Church St 31.02
W. M. Bembry, house, W. Albemarle St 29 68
Joseph Bennett, house, N. Oakum St ! " 33.34
O. F. Blair, house, N. Oakum and Carteret Sts 73.97
Miles Blanchard Estate, Eden Heights lot ZZ 3.31
Alpine Stallings Blount, lot, Albania !!!!!!!!!!!!! 3!31
Elijah Blount, house, Hicks St !!!!!!!!!!!! 22!52
George W. Blount, % lot, Carteret St ZZZZ 3!41
John Henry Blount, house, N. Mosley St ZZZZ 14.90
Leander Blount, House, W. Peterson St ZZ 18 45
Matthew Blount, house, E. Carteret St., balance ZZZ! 3!93
Vance Blount, lot, E. Freemason St " 4.55
George W. Bond, house, E. Gale St., balance 5 83
Winston Bonner, house, N. Granville St 15.62
Mrs. W. F. Brinkley Estate, house, W. Albemarle St ! 16.03
Herbert Brooks, Albania house 42 50
Hubert and Dorothy Bunch, house, W. Gale St 10 31 j
Miss Willie Bunch Estate, house, E. Albemarle St 11.45
Emma Burke Estate, house, E. Albemarle St 12.58
Horace Burke, house, E. School St 7.84
Oliver Carter, Jr., lots, Eden Heights ZZ!!!!! 17!47
Chowan Credit Union, lot and building, Franklin St. 21.39
Samuel Collins and Dora Collins, house, E. Albemarle, bal. 5.58
William Collins, house, W. Church; house, E. Albemarle;
lot, Oakum St 46.47
Emma Cox Estate, house, Carteret St ZZZZ!!!! lo!83
William Cox, 6Vfe Davenport-Holland ZZ 6.97
Beatrice Dicks, lot, E. Hicks St 2.33
Geraldine Edgerston, house, E. Gale St ’ 55 07
Sam Felton, 2 lots, Albania and Hicks ZZ! 10.01
Sammy Lee Felton, lot, Albania 2 80
Lynn Ferebee, 2 lots, Coke Ave " 7.38
William T. Fox well, house, E. Hicks St lo!l6
Ruth Frinks, lots, Hicks and Granville St.; lots and house!
W. Peterson St., balance - 15.05
Miles Goodwin Estate, house, Freemason St. ”’ 16 19
Sara Gordan, lot, E. Hicks St !.... ! 6.56
Moses Granby, % Albania ’. ” H. 34
Laura and Elizabeth Griffin, lot, W. Gale St ZZZ 2!59
Mary Gusson Estate, lot, Church St Z 2.13
Herman Hall, lot, Eden Heights and 3 houses 78.55
George Halsey, lot, W. Albemarle St 4.75
Mary Halsey Estate, house, E. Albemarle St 16.34
p ercy Halsey, lot, Ryders Lane 8.41
James Harden, house, W. Gale St ZZZ!! 15.67
Frank Harris, store and house, W. Carteret St ! !!!!!!!! 44!25
Joseph Hathaway, house, W. Carteret St 16.44
Hattie Hawkins Estate, house, N. Oakum St ...! ! 7.53
James Howcutt Estate, house and lot, E. Carteret St. 31.02
J. B. Jenkins Estate, lot, W. Albemarle St 3.72
Tiny E. Jernigan, lots and house, N. Oakum; lot, T. Jernigan 24.01
Earl Jones, house, Oakum St. and garage 70.62
Walter Lee Jones, house, W. Carteret St " 7.84
William and Ophelia Jones, lot, N. Granville !!...!!!.!! 5J59
George W. Jordan, house, W. Peterson St ! 19.89
Williford Jordan, house, W. Freemason St :. 27.41
Josephine H. Kelley, house, Albania. 7.43
Joe Nathan Manley, house, W. Albemarle St 115.41
Charlie and Lillian Mayo, house, N. Oakum St 8.51
William Mayo, house, E. Albemarle St 7.89
Percy R. Mizell, house, E. Church St 19.53
Vera Muse Estate, house, Church St !!!.!!.!! 15.41
Edith Nixon, house, W. Carteret St 24.84
Milton Nixon, lot, E. Peterson St 6.35
Oscar Overton Estate, house, E. Church St., balance 53,32
Isaac Owens Estate, house and Store, Hicks and Granville.... 31.84
Peoples Mutual Consumers Association, Inc., building and
apartment, Church and Oakum Sts 62.23
Claudine Perkins, lot, Hicks St 4.60
Elusious Pierce, house, Albania-Blount 15.83
Mingo Pierce, lot, Albania .v. 3.52
William Pierce, Albania and house 14.80
Lamar Redman and Wife, house, E. Church; house, E. Church 52.90
Carrine Reid and Mary E. Harvey, apartment, W. Freemason 36.42
Elbert Riddick Estate, lot, Cemetery St 1.82
Elijah Robinson, Sr., 1 Albania 11.80
Betty Sawyer, house, E. Albemarle St ; 13.10
Charlie Sessoms, Jr., lot. Coke Ave ..... 7.33
Ruth Slade, house, E. Carteret St., balance 6.70
William Spruill, house, E. Albemarle St 13.04
Charlie Stallings, lot Albania 3.31
Clarence A. Stallings, lot, Albania and house 11.40
Lenoria Stagings, lot, Albania Skinner 3.31
Whit Stallings, % Albania, house 44.30
Francis Stallings, lot, Albania ....... 1.82
Mary Taylor, lot, Ryders Lane ...... 3.72
Betty Thompson Estate, 8 Roberts g.Bl.
Josiah Thompson Estate, 2 lots, Albania .... 8.81
George TQlett, W. Carteret St _ 28.78
John Lee Tripp, house and lot, Albania 18.88
Ann Turner, lot, Coke Ave 4.48
... ....... .... , ..... mo
Sunday School Lessons, copy.
righted he the
Council of RewJSwSoto
t RNlflp 7 «;!
j ■ 11
M
Open a
SHIM
Anil
With us I
When the fielder catches fh¥
ball, the batter’s “out"! But
when you save regularly, you r
are “IN"! You’re “in" for all
the rewards that saving money
brings •.. PLUS financial se* 1
curity for you and ydur family!
THE
PEOPLES
- «•
TRUST
COMPANY
HMi - •- - - - rj-iirj-,- - r I Bft nTim SMM